Mcmaster University Ontario

Organization Overview

Mcmaster University Ontario is located in null. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcmaster University Ontario is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Mcmaster University Ontario generated $954.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $912.4m during the year ending 04/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mcmaster University Ontario has awarded 59 individual grants totaling $4,429,262. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O - ATTACHMENT 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATING FUND -- UNRESTRICTED GENERAL REVENUES AND EXPENSES THAT ARE DIRECTLY RELATED TO THE MISSION OF THE UNIVERSITY, EDUCATION AND ACTIVITIES SUPPORTING RESEARCH.


RESEARCH FUND -- RESEARCH-RELATED FUNDS EXTERNALLY RESTRICTED BY THE UNIVERSITY THAT HAVE A NON-EXPANDABLE REQUIREMENT AS WELL AS OTHER LEGAL REQUIREMENTS FOR USE AS AGREED UPON BY THE DONOR AND THE UNIVERSITY.


ANCILLARY FUND -- SALES OF GOODS AND SERVICES BY DEPARTMENTS THAT ARE DEFINED AS BEING SUPPLEMENTARY TO THE UNIVERSITY'S OPERATING ACTIVITIES OF EDUCATION AND RESEARCH. SUCH SALES MAY BE MADE TO THE UNIVERSITY COMMUNITY AND/OR EXTERNAL CLIENTS. ANCILLARY OPERATIONS ARE SELF-SUSTAINING.


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Board, Officers & Key Employees

Name (title)Compensation
Paul O'byrne
VP Faculty Of Health Sciences
$508,955
Claudia Emerson
N/a
$496,626
John Kelton
N/a
$474,231
Akbar Panju
N/a
$419,881
Salim Yusuf
N/a
$416,757
Angelo Mikrogianakis
N/a
$402,607

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Baker Mckenzie Llp
Legal Fees
$2,790,283
Kpmg Llp
Audit/consulting Fee
$682,080
Touche
Advertising Expense
$1,657,871
Gowling Wlg Canada Llp
Legal Fees
$834,050
Aljanex Medical Consultants Limited
Royalty Expense
$999,410
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$10,527,584
Membership dues$0
Fundraising events$0
Related organizations$8,671,865
Government grants $335,200,798
All other contributions, gifts, grants, and similar amounts not included above$139,748,797
Noncash contributions included in lines 1a–1f $7,570,825
Total Revenue from Contributions, Gifts, Grants & Similar$494,149,044
Total Program Service Revenue$354,610,871
Investment income -$25,706,773
Tax Exempt Bond Proceeds $0
Royalties $4,992,201
Net Rental Income $838,199
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $11,394,650
Miscellaneous Revenue$0
Total Revenue $954,591,107

Grants Awarded

Over the last fiscal year, Mcmaster University Ontario has awarded $349,174 in support to 6 organizations.

Grant RecipientAmount

UNIVERSITY OF COLORADO

Org PageRecipient Profile

Denver, CO

PURPOSE: SUB-GRANT

$274,201

VIRGINIA COMMWEALTH UNIVERSITY

Org PageRecipient Profile

Richmond, VA

PURPOSE: SUB-GRANT

$39,853

WILLIAM PATTERSON UNIVERSITY

Org PageRecipient Profile

Wayne, NJ

PURPOSE: SUB-GRANT

$12,006

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SUB-GRANT

$11,956

SYRACUSE UNIVERSITY

Org PageRecipient Profile

Syracuse, NY

PURPOSE: SUB-GRANT

$5,579

UNIVERSITY OF ARKANSAS

Org PageRecipient Profile

Fayetteville, AR

PURPOSE: SUB-GRANT

$5,579
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mcmaster University Ontario has recieved totaling $57,277.

Awarding OrganizationAmount
Temple University-Of The Commonwealth System Of Higher Educ

Philadelphia, PA

PURPOSE: Research subcontract

$36,306
West Virginia University Research Corporation

Morgantown, WV

PURPOSE: RESEARCH

$20,971
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$602,754,690
Earnings-$36,617,710
Net Contributions$16,466,615
Other Expense$4,565,599
Grants$16,110,848
Ending Balance$561,927,148

Peer Organizations

Organization NameAssets
Mcmaster University Ontario
$954,591,107
Hebrew University Association Jerusalem Palestine
$946,360,171
University Of Saskatchewan
$816,404,692
Queens University At Kingston Department Of Financial Services
$804,073,117
University Of Manitoba
$788,244,000
Simon Fraser University
$690,303,634
Dalhousie University
$654,417,000
Universite De Sherbrooke
$587,133,569
University Of Victoria
$512,310,368
Carleton University
$491,246,640
University Of Regina
$302,225,011
Brock University
$291,417,811

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