University of New Brunswick

P.O. Box 4400
Fredericton, NB E3B 5A3
President: Paul Mazerolle
Board Chair: Larry Hachey

Charitable Reg. #:10816 2025 RR0001


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

[Charity Rating: 5/5]



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



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



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


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



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.

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About University of New Brunswick:

University of New Brunswick is a 5-star charity. As with most Universities, it has a good results reporting grade and is financially transparent. The charity can cover just over 1 year of program costs with its funding reserves.

Founded in 1785, University of New Brunswick (UNB) is one of the oldest public universities in North America. It has a main campus in Fredericton and another in Saint John. As a research university, UNB hosts many research institutes and is responsible for 75% of all publicly-funded research in New Brunswick and has 10 Canada Research Chairs. The University had 9,705 students in 2021. UNB states it has a student-faculty ratio of 15:1 and it offers more than 75 programs. UNB is also ranked #1 in Atlantic Canada for student awards.

A Charity Intelligence 2023 Top 100 Rated Charity

In F2021, University of New Brunswick spent $251.7m on its programs, including $127.4m (51%) on teaching and $45.7m (18%) on research grants. It gave out $15.7m (6%) in scholarships and financial aid. The remaining 25% of program spending went to university-wide expenses, such as plant operations, libraries, and central computing. 

UNB awarded 2,479 degrees in F2021. It has over 95,000 living alumni around the world, of which 41,715 live in New Brunswick. UNB employs more than 3,700 full- and part-time staff. The University’s research program has 16 research groups and houses more than 20 leading research institutes and centers.   


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Results and Impact

In April 2020, Esmi conducted an economic value study on the University of New Brunswick. The report found that in F2019, UNB generated $1.8 billion in added income for the New Brunswick economy, or 5% of the province’s gross provincial product. The added income is equivalent to supporting 20,915 jobs. One out of every 17 jobs in New Brunswick is supported by the activities of UNB and its students.  

The study also states that for every $1 spent on UNB students, $2.50 is returned in lifetime earnings for students, $6.00 is returned in added provincial income and social savings for society, and $4.30 is returned in added taxes and public-sector savings for taxpayers. The average bachelor’s degree graduate from UNB will see an increase in earnings of $30,200 each year compared to someone with a high school diploma working in New Brunswick.  

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University of New Brunswick received $16.4m in donations and $102.1m in tuition fees in F2021. It also received $176.9m in government funding (56% of revenues). Administrative costs are 9% of revenues and fundraising costs are 18% of donations. The University spends 27% on overhead. This means, for every dollar donated, 73 cents go to the cause. This is within Ci’s reasonable range for overhead spending.  

UNB has $491.9m in funding reserves, of which $196.2m is donor-endowed. Excluding donor-endowed funds, University of New Brunswick can cover 1.2 years of annual program costs.  

This charity report is an update that has been sent to University of New Brunswick for review. Changes and edits may be forthcoming.  

Updated on July 7, 2022 by Emma Saganowich.  

Financial Review

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 9.0%8.5%9.1%
Fundraising costs as % of donations 18.4%11.3%9.4%
Total overhead spending 27.4%19.8%18.5%
Program cost coverage (%) 122.2%98.0%114.7%

Summary Financial Statements

All figures in $000s
Donations 16,44926,62724,600
Government funding 176,850172,936167,840
Fees for service 102,098106,56499,786
Business activities (net) (3,482)2,1772,571
Investment income 25,4568,82819,088
Total revenues 317,371317,132313,885
Program costs 251,719268,251259,341
Administrative costs 26,26026,26726,762
Fundraising costs 3,0213,0022,308
Total spending 281,000297,520288,411
Cash flow from operations 36,37119,61225,474
Capital spending 32,21529,05422,141
Funding reserves 491,864442,227454,398

Note: Ci included donations to the charity’s endowment fund and capital campaign. UNB does not report administrative and fundraising costs on its audited financial statements. Ci took administrative and fundraising costs from the charity’s T3010 filings. Ci reported ancillary revenues net of expenses, reducing both revenues and expenses by $6.7m in F2021, $14.4m in F2020, and $15.7m in F2019.  

Salary Information

Full-time staff: 1,328

Avg. compensation: $144,321

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 506-453-4666


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Charitable Registration Number: 80340 7956 RR0001