Memorial University of Newfoundland
St. John's, NL A1C 5S7
President: Dr. Gary Kachanoski
Board Chair: Iris Petten
Charitable Reg. #: 10769 0273 RR0001
Grade: B+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #2,662
Avg. Compensation $135,801
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||2|
|$200k - $250k||7|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Memorial University of Newfoundland:
Memorial University of Newfoundland (MUN), located in St. John's, is a community dedicated to creativity, innovation and excellence in teaching and learning, research and scholarship and public engagement and service. Founded in 1925 as Memorial University College, MUN received its university status in 1949. It is the largest university in Atlantic Canada.
MUN has a total of six campuses and offers bachelors, masters and PHD programs as well as other diplomas and certifications. In F2012, MUN had 18,713 students in its full and part-time studies at undergraduate and graduate levels. MUN employed almost 5,000 full and part-time faculty and staff across its three campuses including 1,596 faculty and 3,279 staff. In F2012, it had a student-to-faculty ratio of 12:1. It had more than 250 library holdings per student. MUN provided $4.9m in undergraduate and graduate scholarships, bursaries, and other awards.
MUN did not report administrative and fundraising costs on its audited financial statements. From T3010 filings, administrative costs are 5% of total revenues and fundraising costs are 16% of donations. It has $207.4m in funding reserves (including $72.9m in endowment funds) covering 40% of annual program costs. MUN’s salaries account for 64% of its total expenses. The charity did not report donations on its audited financial statements.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||4.8%||5.7%||5.9%|
|Fundraising costs as % of donations||15.7%||25.4%||36.6%|
|Program cost coverage (%)||39.7%||36.0%||35.0%|
Summary Financial StatementsAll figures in $000s
|Fees for service||76,277||75,239||73,834|
|Cash flow from operations||102,626||27,902||15,345|