Simon Fraser University, operating under the name Sfu, is located in null. The organization was established in 2009. 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 03/2020, Sfu generated $571.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $542.1m during the year ending 03/2020. While expenses have increased by 1.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SFU'S MISSION IS TO ADVANCE KNOWLEDGE THROUGH TEACHING, RESEARCH, AND ENGAGEMENT WITH THE COMMUNITY. WE ARE AN OPEN, INCLUSIVE UNIVERSITY WHOSE FOUNDATION IS INTELLECTUAL AND ACADEMIC FREEDOM. OUR SCHOLARSHIP UNITES TEACHING AND RESEARCH: WE CELEBRATE DISCOVERY, DIVERSITY & DIALOGUE. THE FOLLOWING ANSWERS ON THIS FORM 990 ARE INCORRECT DUE TO THE WAY THE SOFTWARE WAS SETUP: (1) PART 1, #6 SHOULD BE "N/A". (2) PART IV, CHECKLIST: #2 SHOULD BE "NO"- SCH B NOT REQUIRED; #30 SHOULD BE "YES"; #36 SHOULD BE "NO". (3) PART VII, SECTION A, #2 SHOULD BE 460 INSTEAD OF 15 INDIVIDUALS. (4) SCHEDULE B SHOULD BE REMOVED; NOT REQUIRED TO COMPLETE. (5) SCHEDULE F, PART II, #2 & #3 SHOULD BE BLANKS. (6) SCHEDULE F, PART IV, #2 SHOULD BE "YES"- FORM 3520 WAS FILED. (7) SCHEDULE J, PART II SHOULD BE BLANK OUT AS THIS SECTION IS NOT APPLICABLE TO SFU. REFER TO SCHEDULE J, PART III FOR EXPLANATION. (8) SCHEDULE M, PART 1, COLUMN B, THE NUMBERS OF CONTRIBUTORS WERE LISTED ON PART II SUPPLEMENTARY INFO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVERY OF ACADEMIC COURSES TO STUDENTS ENROLLED IN UNDERGRADUATE, MASTER AND DOCTORATE PROGRAMS AS WELL AS DISTANCE EDUCATION AND NON-CREDIT COURSES OFFERED THROUGH LIFE-LONG LEARNING. NUMBER OF STUDENTS ENROLLED IN OUR FISCAL YEAR APRIL 1, 2019 THROUGH MARCH 31, 2020. 29,500 UNDERGRADUATES; 5,895 GRADUATES; INCLUDING 8,345 INTERNATIONAL STUDENTS IN TOTAL. DEGREES AWARDED IN THE 2019 CALENDAR YEAR: 4,881 BACHELOR; 1,207 MASTER; 195 PHD; 1,125 OTHER GRAD (CERTIFICATES AND DIPLOMAS).
AT SFU RESEARCH MATTERS, IT'S AN ESSENTIAL COMPONENT OF SFU'S MISSION, AND ALSO A MAJOR INSTRUCTIONAL ACTIVITY AS FACULTY WORK CLOSELY WITH GRADUATE AND UNDERGRADUATE STUDENTS IN A WIDE VARIETY OF RESEARCH SETTINGS INCLUDING THE LIBRARY, LABORATORIES, COMPUTER FACILITIES, AND STUDIES. RESEARCH COLLABORATIONS EXTEND FAR BEYOND OUR CAMPUSES TO INCLUDE MANY PROJECTS CONDUCTED JOINTLY WITH BUSINESS AND INDUSTRY, COMMUNITY ORGANIZATIONS AND AGENCIES IN ALL LEVELS OF GOVERNMENT. SFU RESEARCHERS ARE ESTABLISHING OR STRENGTHENING PROGRAMS IN AREAS FACING THE MOST PRESSING SOCIAL DEMAND, INCLUDING INTERNATIONAL STUDIES, URBAN GROWTH MANAGEMENT, PUBLIC POLICY ANALYSIS, AND HEALTH SCIENCES.
OTHER PROGRAM SERVICES INCLUDE SPECIFIC PURPOSE FUNDS: TYPICALLY THESE PROGRAMS ARE FUNDED BY GRANTS AND CONTRACTS FROM EXTERNAL SPONSORS, DONORS, VARIOUS LEVELS OF GOVERNMENT AND ENDOWMENT INVESTMENT INCOME ATTRIBUTED FOR SPENDING. EXPENDITURES INCLUDE SCHOLARSHIPS, BURSARIES, COMMUNITY SERVICES AND OTHER TEACHING PRIORITIES. FUNDS ARE OFTEN DESIGNATED FOR THE ACQUISITION OF BUILDINGS, FURNITURE AND EQUIPMENT, INCLUDING MAJOR RENOVATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joy Johnson VP - Research | Officer | 40 | $0 |
Michael Den Haan VP - Advancement & Alumni Engagemt | Officer | 40 | $0 |
Martin Pochurko VP - Finance & Administration | Officer | 40 | $0 |
Joanne Curry VP - External Relations | Officer | 40 | $0 |
Peter Keller VP - Academic & Provost | Officer | 40 | $0 |
Thomas Budd Board Member - Student | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $204,770,347 |
Investment income | $23,570,006 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $230,347 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $571,243,545 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $31,399,409 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,182,654 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $288,563,071 |
Pension plan accruals and contributions | $16,487,032 |
Other employee benefits | $32,442,852 |
Payroll taxes | $0 |
Fees for services: Management | $12,925,064 |
Fees for services: Legal | $1,101,215 |
Fees for services: Accounting | $103,448 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,229,568 |
Fees for services: Other | $1,578,386 |
Advertising and promotion | $2,539,192 |
Office expenses | $22,309,114 |
Information technology | $850,008 |
Royalties | $162,728 |
Occupancy | $38,974,144 |
Travel | $11,889,301 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,148,069 |
Interest | $6,454,901 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $53,762,495 |
Insurance | $1,641,598 |
All other expenses | $0 |
Total functional expenses | $542,137,258 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,813,627 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $818,645 |
Accounts receivable, net | $23,315,260 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,354,829 |
Prepaid expenses and deferred charges | $3,313,465 |
Investments—publicly traded securities | $618,468,023 |
Investments—other securities | $6,250,891 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $38,363,110 |
Total assets | $1,583,109,371 |
Accounts payable and accrued expenses | $75,061,377 |
Grants payable | $0 |
Deferred revenue | $580,503,414 |
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 | $104,700,742 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $57,570,446 |
Total liabilities | $817,835,979 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $765,273,392 |
Beg. Balance | $253,871,850 |
Earnings | $19,327,765 |
Admin Expense | $1,286,838 |
Net Contributions | $5,685,019 |
Other Expense | $5,769,851 |
Grants | $3,433,040 |
Ending Balance | $268,394,905 |
Organization Name | Assets | Revenue |
---|---|---|
Hebrew University Association Jerusalem Palestine | $2,904,524,000 | $791,127,852 |
Mcmaster University Ontario | $2,111,626,167 | $868,664,422 |
University Of Saskatchewan | $1,944,445,047 | $717,162,062 |
Queens University At Kingston Department Of Financial Services | $2,151,670,567 | $760,216,380 |
Universite De Sherbrooke | $838,467,330 | $556,596,076 |
Simon Fraser University | $1,583,109,371 | $571,243,545 |
Dalhousie University | $1,465,191,000 | $543,867,000 |
Carleton University | $1,138,990,482 | $509,318,517 |
University Of Regina | $602,073,950 | $295,069,990 |
Brock University | $689,563,670 | $266,770,231 |
University Of Ontario Institute Of Technology | $407,918,861 | $158,240,829 |
Saint Marys University | $203,587,516 | $114,916,051 |