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.

For the year ending 04/2020, Mcmaster University Ontario generated $868.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $799.8m during the year ending 04/2020. While expenses have increased by 2.6% per year over the past 5 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 39 individual grants totaling $3,127,934. 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

2020

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 -- RESEACH-RELATED FUNDS EXTERNALLY RESTIRCTED 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
Salim Yusuf
N/a
$351,192
Paul O'byrne
VP Faculty Of Health Sciences
$343,609
Leonard Waverman
N/a
$312,192
Angelo Mikrogianakis
N/a
$290,076
Mick Bhatia
N/a
$275,468
Akbar Panju
N/a
$275,349

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Baker Mckenzie Llp
Legal Fees
$2,219,886
Gowling Wlpg Canada Llp
Legal Fees
$522,010
Kpmg Llp
Audit/consulting Fee
$530,108
Aljanex
Royalty Expense
$955,718
Touche
Advertising Expense
$2,977,688
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$9,878,944
Membership dues$0
Fundraising events$0
Related organizations$1,602,866
Government grants $309,459,091
All other contributions, gifts, grants, and similar amounts not included above$121,346,598
Noncash contributions included in lines 1a–1f $5,745,371
Total Revenue from Contributions, Gifts, Grants & Similar$442,287,499
Total Program Service Revenue$275,292,753
Investment income $19,748,370
Tax Exempt Bond Proceeds $0
Royalties $3,627,080
Net Rental Income $1,120,265
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 $15,066,527
Miscellaneous Revenue$0
Total Revenue $868,664,422

Grants Awarded

Over the last fiscal year, Mcmaster University Ontario has awarded $611,019 in support to 8 organizations.

Grant RecipientAmount

THE RSRCH INST AT NATIONWIDE CHILDREN'S HOSPITAL

Org PageRecipient Profile

Columbus, OH

PURPOSE: sub-grant

$408,248

TRUSTEES OF UNIVERSITY OF PENNSYLVANIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: SUB-GRANT

$89,563

REGENTS OF UNIVERSITY OF COLORADO

Org PageRecipient Profile

Denver, CO

PURPOSE: sub-grant

$66,208

HEBREW REHABILITATION CENTER

Org PageRecipient Profile

Boston, MA

PURPOSE: SUB-GRANT

$12,342

ST LUKE'S UNIVERSITY HEALTH NETWORK

Org PageRecipient Profile

Allentown, PA

PURPOSE: SUB-GRANT

$12,271

BUCK INSTITUTE FOR RESEARCH ON AGING

Org PageRecipient Profile

Novato, CA

PURPOSE: sub-grant

$10,383
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Mcmaster University Ontario has recieved totaling $123,352.

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

Philadelphia, PA

PURPOSE: Research subcontract

$56,459
Temple University-Of The Commonwealth System Of Higher Educ

Philadelphia, PA

PURPOSE: Research subcontract

$56,459
West Virginia University Research Corporation

Morgantown, WV

PURPOSE: RESEARCH

$10,434
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$487,264,497
Earnings-$13,850,475
Net Contributions$6,546,255
Other Expense$4,104,003
Grants$13,939,541
Ending Balance$461,916,733

Peer Organizations

Organization NameAssets
Hebrew University Association Jerusalem Palestine
$791,127,852
Mcmaster University Ontario
$868,664,422
University Of Saskatchewan
$717,162,062
Queens University At Kingston Department Of Financial Services
$760,216,380
Universite De Sherbrooke
$556,596,076
Simon Fraser University
$571,243,545
Dalhousie University
$543,867,000
Carleton University
$509,318,517
University Of Regina
$295,069,990
Brock University
$266,770,231
University Of Ontario Institute Of Technology
$158,240,829
Saint Marys University
$114,916,051

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