University of British Columbia

2329 West Mall
Vancouver, BC V6T 1Z4
President: Santa Ono
Chancellor: Lindsay Gordon

Charitable Reg. #:10816 1779 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/4]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

A

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

71%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.



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Programs

About University of British Columbia:

Founded in 1908, The University of British Columbia (UBC) is a global institution focused on teaching, learning, and research. UBC’s vision is to inspire people, ideas, and actions to create a better world. UBC has a reputation for excellence in research and learning in a range of fields, including arts, sciences, medicine, law, and business. In 2019, Times Higher Education ranked UBC as the 37th best university in the world. UBC’s two main programs are education and research.

In the 2018-2019 academic year, UBC had 64,798 total students (53,872 undergraduates and 10,926 graduates) across its two campuses. The Vancouver campus had 54,863 (85% of total students) students and the Okanagan campus had 9,935 (15% of total students) students. Out of these students, 17,225 were international students from one of over 160 different countries. UBC houses 16 faculties, 18 schools, and two colleges. In 2018, UBC granted 13,778 degrees and had 214 companies created as spin-offs of UBC research. UBC reports that 94% of undergraduate students were satisfied with their overall academic experiences both at the Vancouver and Okanagan campuses.

Through its research program, UBC received $669 million in research funding in F2019, an $11 million increase from F2018. The money received funded a total of 9,544 projects. UBC also supported 38 research clusters (interdisciplinary networks of researchers focused on solving societal challenges within its department, institution and funding agency) across its two campuses. UBC reports that its publications are cited 89% more than the global average and that 57% of UBC research publications involve international partnerships.

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Results and Impact

Ci chose to highlight the following outcomes.

At the time of this report, UBC’s alumni base consists of 8 Nobel prize winners, 3 Canadian prime ministers, 20 3M national teaching fellows, 266 Royal Society of Canada fellows, and 71 Rhodes Scholars.

In F2019, a team of researchers, led by a UBC chemistry professor, identified a group of enzymes that can turn any type of blood into the universally useable type O.

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Finances

The University of British Columbia is a Major 100 charity, with $207.8m of donations in F2018. The University also receives $1.1b in government funding, making up 43% of F2018 revenues. Its administrative costs are 10% of revenues (excluding investment income) and fundraising costs are 19% of donations. For every dollar donated to the charity, 71 cents go to its programs. This is within Ci’s reasonable range for overhead spending. University of British Columbia has funding reserves of $1.7b, of which, $942m are donor-endowed. Excluding donor-endowed funds, reserves can cover program costs for five months.

This charity report is an update that has been sent to University of British Columbia. Changes and edits may be forthcoming.

Updated on August 7, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 9.8%9.1%7.2%
Fundraising costs as % of donations 19.4%16.7%14.4%
Total overhead spending 29.1%25.8%21.5%
Program cost coverage (%) 91.2%78.3%55.5%

Summary Financial Statements

All figures in $000s
201820172016
Donations 207,809197,916205,974
Government funding 1,077,0961,058,9521,043,818
Fees for service 725,040629,869560,490
Business activities (net) 413,554384,263337,969
Investment income 81,82569,28081,954
Total revenues 2,505,3242,340,2802,230,205
Program costs 1,763,7491,686,7441,670,262
Grants 135,691125,942121,297
Administrative costs 237,172206,471153,838
Fundraising costs 40,23733,14029,586
Other costs 20,85420,98020,707
Total spending 2,197,7002,073,2801,995,690
Cash flow from operations 307,621267,003234,515
Capital spending 324,366334,000371,385
Funding reserves 1,732,0541,418,525994,036

Note: Ci used the charities T3010 filing to allocate admin and fundraising expenses, removing the difference between admin expenses reported on the Income Statement and the T3010 from program costs. Program costs were affected by ($193k) in F2018, ($165k) in F2017, and (116k) in F2016.

Salary Information

Full-time staff: 11,684

Avg. Compensation $107,019

Top 10 staff salary range

$350k +
10
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.ubc.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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