University of Guelph

50 Stone Road East
Guelph, ON N1G 2W1
President: Dr. Franco J Vaccarino
Chancellor: David Mirvish

Charitable Reg. #: 10816 1829 RR0001
Sector: Education - University
Operating Charity

Results Reporting

Grade: A

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #2,814

Avg. Compensation $107,152

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 2
$250k - $300k 1
$200k - $250k 6
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About University of Guelph:

The University of Guelph (U of G) was established in 1964 after the amalgamation of the Ontario Agricultural College, the Macdonald Institute, and the Ontario Veterinary College. The University now consists of seven colleges: the College of Arts, the College of Biological Science, the College of Business and Economics, the College of Physical and Engineering Science, the College of Social and Applied Human Sciences, the Ontario Agricultural College, and the Ontario Veterinary College. The University has a regional campus in Ridgetown, Ontario, and offers diploma and degree programs at the University of Guelph-Humber, a joint venture with Humber College in Toronto.

In the Fall of 2015, the University of Guelph had an enrolment of 20,771 full-time students and 1,877 part-time students at the Guelph campus. The Guelph-Humber campus had a total enrollment of 4,805 students. The university was host to over 1,200 international students hailing from over 90 countries. The University reports that about 675 U of G students participated in study-abroad programs in 2015-2016. According to Maclean’s University Ranking, standout programs at the University of Guelph are the neuroscience program, biomedical engineering and the programs at Guelph-Humber.

The university is home to 29 Canada Research Chairs and 27 privately endowed research chairs and professorships. Its major partner is the Ontario Ministry of Agriculture, Food and Rural Affairs and has a strong focus on research in agriculture and the food sector, rural communities, healthy animals and a healthy environment. Globally, the university has 240 funded research studies in 65 countries and researchers have filed 41 new patents in F2015.

Financial Review:

The University of Guelph is a large-cap charity with donations of $27.2m in F2016. Its administrative costs are 3% of revenues and fundraising costs are 26% of donations. For every dollar donated, 71 cents goes towards its programs, falling within Ci’s reasonable range. The university has funding reserves of $491.9m which can cover programs for just over 8 months. Excluding endowed funds of $413.2m, it can cover programs for a little under 2 months.

This charity report is an update that has been sent to the University of Guelph for review. Changes and edits may be forthcoming.

Updated August 3, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 2.7%2.2%2.6%
Fundraising costs as % of donations 25.7%30.0%28.6%
Program cost coverage (%) 79.0%73.9%67.6%

Summary Financial Statements

All figures in $000s
Donations 27,15920,43420,876
Government funding 251,674248,592247,369
Fees for service 369,116373,828365,219
Business activities (net) 87,50681,03878,172
Investment income 2,67325,18826,998
Other income 18,76013,66311,968
Total revenues 756,888762,743750,602
Program costs 622,707630,385610,730
Administrative costs 20,26016,38418,422
Fundraising costs 6,9796,1345,970
Other costs 11,61812,20612,431
Cash flow from operations 95,32497,634103,049
Funding reserves 491,915465,895412,614
Note: Ci reported Guelph-Humber revenues net of expenses, adjusting revenues and expenses by ($20.4m) in F2016, ($18.8m) in F2015 and ($17.6m) in F2014. Management & administrative and fundraising costs obtained from the charity’s CRA T3010 filing.

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