Hamilton, ON L8S 4L8
President: Dr. Patrick Deane
Board Chair: David Lazzarato
Charitable Reg. #: 11903 5988 RR0001
Social Results Reporting
Grade: AThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #4,425
Avg. Compensation $103,166
Top 10 Staff Salary Range
|$300k - $350k||6|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About McMaster University:
McMaster University is located in Hamilton, Ontario. It bears the name of William McMaster, a prominent Canadian Senator and banker whose substantial bequeathed funds helped to found the university. The university operates six academic faculties: Science, Health Sciences, Engineering, Humanities, Social Sciences, and Business. The main campus is located on 300 acres of land in the residential neighbourhood of Westdale, adjacent to Hamilton's Royal Botanical Gardens.
The University is home to 21,411 full-time undergraduate and 3,519 full-time graduate students. International students represented 8.1% of the undergraduate student body, and 19.3% of the graduate student body. The university has 985 full-time faculty members, producing a student-to-faculty ratio of 25:1.
McMaster was the 2nd highest ranked university in Ontario and 4th highest ranked university in Canada in the Times Higher Education 2014 World University Rankings. McMaster is well known for its research community, which has authored 3,500 publications and has filed 75 patents.
McMaster received $491m in donations in F2014, including operating grants of $265m and research grants and contracts of $154m. It has funding reserves of $885m, up from $765m in F2013. Over $400m of the funding reserves are donor-endowed, resulting in a non-donor endowed program cost coverage ratio of 60%. Like all Canadian universities, McMaster reports no cost allocations for fundraising expenses on its audited financial statements. Administrative costs are 3% of revenues and fundraising costs are 1% of donations.
This charity report is an update that has been sent to McMaster for review. Changes and edits may be forthcoming.
Updated June 11, 2015
Financial RatiosFiscal year ending April
|Administrative costs as % of revenues||3.4%||2.2%||2.1%|
|Fundraising costs as % of donations||1.1%||1.0%||1.0%|
|Program cost coverage (%)||108.4%||97.8%||92.3%|
Summary Financial StatementsAll figures in $000s
|Fees for service||314,161||297,482||292,983|
|Cash flow from operations||75,466||88,253||36,262|