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

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 #766

Avg. Compensation $129,573

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 2
$250k - $300k 0
$200k - $250k 3
$160k - $200k 5
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Trent University:

Founded in 1964, Trent University is primarily an undergraduate liberal arts and sciences university with two campuses in Ontario. The Peterborough campus is home to 6,784 undergraduate students and 480 graduate students. Around 850 students attend the University’s second, smaller campus in Durham (formerly known as Trent University Oshawa). 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). Trent shows a strong commitment to its students, with an overall student satisfaction level of 94% (CUSC 2012).

Trent University initiated a $50m campaign in 2014 to celebrate the 50th anniversary of its founding. Funds from the campaign will be invested in innovative teaching approaches, enhancing the learning environment, and support for Trent faculty research.

Financial Review:

In F2014, government grants made up 44% of the $154m in total revenues. Administrative costs were 6% of revenues, and fundraising costs were negligible at 1% of donations. Trent University has enough funding reserves to cover 58% of program costs.

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

Updated June 11, 2015

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 6.2%6.0%4.8%
Fundraising costs as % of donations 2.4%2.6%3.0%
Program cost coverage (%) 57.8%51.5%38.0%

Summary Financial Statements

All figures in $000s
Donations 30,61729,01728,391
Government funding 67,61666,99966,744
Fees for service 53,63350,86847,467
Investment income 2,1901,7061,621
Total revenues 154,056148,590144,223
Program costs 125,484126,015124,853
Administrative costs 9,3678,7516,807
Fundraising costs 728751851
Other costs 2,7392,8162,598
Cash flow from operations 15,73810,2579,114
Funding reserves 72,47964,84747,493
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.

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