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

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

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

Full-time staff #2,855

Avg. Compensation $110,381

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 1
$250k - $300k 2
$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 F2014

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 in Toronto at the University of Guelph-Humber.

U of G is home to 21,960 full-time and 2,219 part-time undergraduate students (including Guelph-Humber and regional diploma programs), and 1,544 full-time and 156 part-time graduate students. The University's faculty to student ratio is 1:22. Thirty-eight of the University’s programs have a co-op stream, providing students with the opportunity to gain relevant work experience while completing their degree.

Financial Review:

In F2014 administrative costs were 3% of revenues and fundraising costs were 5% of donations. More than 30% of U of G’s total revenues came from tuition and student fees & contracts. U of G has total funding reserves of $413m, $173m of which are donor-endowed. U of G’s non-donor-endowed funding reserves cover 41% of annual program costs.

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

Updated August 13, 2015 by Zoe Best.

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 2.7%2.5%2.5%
Fundraising costs as % of donations 5.2%4.3%4.7%
Program cost coverage (%) 69.6%55.4%39.1%

Summary Financial Statements

All figures in $000s
Donations 115,716147,198132,376
Government funding 247,369244,122244,641
Fees for service 228,698219,894208,920
Business activities (net) 81,08279,85279,011
Investment income 26,14521,38312,839
Other income 21,03221,52018,760
Total revenues 720,042733,969696,547
Program costs 593,152594,284678,753
Administrative costs 18,42217,58217,040
Fundraising costs 5,9706,2646,173
Other costs 12,43112,11711,427
Cash flow from operations 90,067103,722(16,846)
Funding reserves 412,614329,312265,164
Note: Ci adjusted revenues for changes in deferred revenue & contributions, changes in deferred capital contributions, and accumulated endowment investment income, and did not include unrealized gains in investment income, changing revenues by ($284k) in F2014, $45m in F2013, and ($30m) in F2012. Management & administrative and fundraising costs obtained from the charity’s CRA T3010 filing.

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