University Of British Columbia
- Assets
- $6.2b
- Revenue
- $2.8b
- Investments
- $668.2m
- Employees
- 0
- Location
- Founding
- 11/1938
- Data as of
- 03/2022
- EIN
- 98-6001255
Organization Overview
University Of British Columbia 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. University Of British Columbia 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 03/2022, University Of British Columbia generated $2.8b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $2.4b during the year ending 03/2022. While expenses have increased by 3.6% 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 2021, University Of British Columbia has awarded 53 individual grants totaling $4,086,661. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OFFERS POST SECONDARY EDUCATION TO THE GENERAL PUBLIC. THE UNIVERSITY IS ALSO INVOLVED IN RESEARCH ACTIVITIES MUSEUMS CONFERENCE CENTRE PERFORMING ARTS AND COMMUNITY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OFFERS POST SECONDARY EDUCATION TO THE GENERAL PUBLIC. THE UNIVERSITY IS ALSO INVOLVED IN RESEARCH ACTIVITIES MUSEUMS CONFERENCE CENTRE PERFORMING ARTS AND COMMUNITY SERVICES. THE AMOUNTS REPORTED INCLUDING EARNINGS AND EXPENDITURES FOR GOODS SERVICES BOOKSTORE HOUSING AND CONFERENCE CENTRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Santa Ono Governor President And Vice-Chancellor | OfficerTrustee | 18 | $0 |
Peter Smailes VP Finance And Operations | Officer | 40 | $0 |
Hubert Lai University Counsel | Officer | 40 | $0 |
Jennifer Burns Chief Information Officer Associate Vice-Preside | Officer | 40 | $0 |
Yale Loh Treasurer | Officer | 40 | $0 |
Karamjeet Heer Comptroller | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Canada Workday Ulc System Set Up / Consulting | 3/30/22 | $6,229,651 |
Teksystems Canada Corp Consulting | 3/30/22 | $4,166,547 |
Kpmg Llp Consulting | 3/30/22 | $2,539,621 |
Si Systems Partnership It Consulting | 3/30/22 | $1,285,336 |
Itiq Tech Recruiters Inc It Consulting | 3/30/22 | $1,236,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,068,017,262 |
| All other contributions, gifts, grants, and similar amounts not included above | $192,281,871 |
| Noncash contributions included in lines 1a–1f | $8,953,856 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,260,299,133 |
| Total Program Service Revenue | $1,089,955,788 |
| Investment income | $81,575,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $234,248,112 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,750,660,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,192,118 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $268,374,354 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,387,247 |
| Compensation of current officers, directors, key employees. | $6,342,810 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,291,214,715 |
| Pension plan accruals and contributions | $93,836,022 |
| Other employee benefits | $141,939,095 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,952,502 |
| Fees for services: Accounting | $493,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,537,165 |
| Fees for services: Other | $95,473,422 |
| Advertising and promotion | $6,749,692 |
| Office expenses | $204,351,613 |
| Information technology | $31,440,397 |
| Royalties | $1,338,536 |
| Occupancy | $30,690,319 |
| Travel | $9,503,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,537,530 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190,539,532 |
| Insurance | $5,607,524 |
| All other expenses | $0 |
| Total functional expenses | $2,435,663,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,121,471 |
| Savings and temporary cash investments | $152,579,043 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,730,011 |
| Loans from Officers, Directors, or Controlling Persons | $1,579,603 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $45,483,296 |
| Inventories for sale or use | $7,322,245 |
| Prepaid expenses and deferred charges | $15,781,008 |
| Net Land, buildings, and equipment | $3,149,928,344 |
| Investments—publicly traded securities | $1,660,731,590 |
| Investments—other securities | $668,169,216 |
| Investments—program-related | $76,696,137 |
| Intangible assets | $0 |
| Other assets | $137,609,472 |
| Total assets | $6,210,731,436 |
| Accounts payable and accrued expenses | $267,402,258 |
| Grants payable | $0 |
| Deferred revenue | $2,929,546,026 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $289,357,169 |
| Other liabilities | $111,493,040 |
| Total liabilities | $3,597,798,493 |
| Net assets without donor restrictions | $1,613,337,458 |
| Net assets with donor restrictions | $999,595,485 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,210,731,436 |
Grants Awarded
Over the last fiscal year, University Of British Columbia has awarded $1,192,117 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WASHINGTON PURPOSE: grant | $361,638 |
GEORGIA TECH RESEARCH CORP PURPOSE: grant | $351,322 |
ARIZONA STATE UNIVERSITY PURPOSE: grant | $75,456 |
UNIVERSITY OF COLORADO DENVER PURPOSE: grant | $65,669 |
CLEVELAND CLINIC FOUNDATION PURPOSE: grant | $59,302 |
TRUSTEES OF DARTMOUTH COLLEGE PURPOSE: grant | $57,444 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University Of British Columbia has recieved totaling $49,866.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $39,566 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $10,300 |
Endowment Analysis
| Beg. Balance | $1,597,129,778 |
| Earnings | $125,141,947 |
| Admin Expense | -$16,110,822 |
| Net Contributions | $48,160,098 |
| Other Expense | -$54,688,536 |
| Grants | -$15,222,648 |
| Ending Balance | $1,684,409,817 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcmaster University Ontario | $2,782,562,539 | $954,591,107 |
Hebrew University Association Jerusalem Palestine | $3,248,315,000 | $946,360,171 |
University Of Saskatchewan | $2,207,784,972 | $816,404,692 |
Queens University At Kingston Department Of Financial Services | $2,643,962,738 | $804,073,117 |
University Of Manitoba | $2,384,369,000 | $788,244,000 |
Simon Fraser University | $2,219,643,595 | $690,303,634 |
Dalhousie University | $2,012,270,000 | $654,417,000 |
Universite De Sherbrooke | $840,417,269 | $587,133,569 |
University Of Victoria | $1,491,562,584 | $512,310,368 |
Carleton University | $1,411,228,764 | $491,246,640 |
University Of Regina | $613,836,715 | $302,225,011 |
Brock University | $670,515,983 | $291,417,811 |