Trent University

1600 West Bank Drive
Peterborough, ON K9L 7B8
President: Dr. Leo Groarke
Board Chair: Dr. Bryan Davies

Charitable Reg. #: 11926 8928 RR0001
Sector: Education - University
Operating Charity

Results Reporting

Grade: B

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 #778

Avg. Compensation $126,953

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 2
$250k - $300k 0
$200k - $250k 5
$160k - $200k 3
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Trent University:

Founded in 1964, Trent University is primarily an undergraduate liberal arts and sciences university with two campuses in Ontario. Trent University has an enrollment of 8,940 students of which 8,445 are undergraduate and 495 are graduate students. The student population also counts 699 international students (8%) and 500 indigenous students (6%). Trent aims to create a learning environment that will help students develop into socially conscious, critical thinkers who can contribute positively to society. The University has a strong focus on undergraduate education in humanities, social sciences and natural sciences.

According to Maclean's University ratings, Trent ranks #1 overall in Ontario in the primarily undergraduate category (universities which are mainly focused on undergraduate education), recognized for its extensive scholarships and bursaries (ranked #1) and for full-time faculty, medical and science grants, and student services (ranked in the top 5). Maclean’s also reports standout programs as the Law and Arts dual degree with Swansea University in the U.K., Biomedical Sciences, and Indigenous Environmental Studies.

Trent University plays a big role in the Peterborough community. It reports having an annual $497m impact on Peterborough. It also hosted a wide array of public events for the community. In F2016, it hosted 104 lectures and panel discussions, 650 kids in academic enrichment camps and 24 indigenous events. Through its Trent Lands Plan, created in 2013, it will use endowment lands for the creation of the Trent Research and Innovation Park as well as a sports field complex.

Financial Review:

Trent University in considered a medium-cap charity with donations of 4.4m in F2016. Its administrative costs are 5% of revenues and fundraising costs are 23% of revenues. For every dollar donated, 72 cents goes to the cause, falling within Ci’s reasonable range. Trent University has funding reserves of $79.0m of which $51.1m are donor endowed. These reserves can cover programs for 7 months. 

This charity report is an update that is being reviewed by Trent University. Changes and edits may be forthcoming.

Updated on June 29, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 5.2%4.5%6.2%
Fundraising costs as % of donations 23.2%25.3%17.6%
Program cost coverage (%) 62.4%57.2%57.8%

Summary Financial Statements

All figures in $000s
Donations 4,4353,9184,149
Government funding 65,45565,08267,616
Fees for service 81,01277,92276,277
Investment income 2,8931,7223,014
Other income 4,4054,5703,824
Total revenues 158,200153,214154,880
Program costs 126,593138,247125,484
Administrative costs 8,1376,7659,367
Fundraising costs 1,030990728
Other costs 2,6102,6482,739
Cash flow from operations 19,8304,56416,562
Funding reserves 79,01479,09472,479
Note: Charity does not disclose fundraising costs on its audited financial statements. Fundraising and administrative costs are taken from the charity's T3010 CRA filing. Ci included unrealized gains (loss) in calculations, affecting revenues and expenses by $770k in F2016, ($771k) in F2015 and $824k in F2014.

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