University of New Brunswick
Fredericton, NB E3B 5A3
President: H.E.A. (Eddy) Campbell
Board Member: Jennifer Andrews
Charitable Reg. #: 10816 2025 RR0001
Social Results Reporting
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #1,302
Avg. Compensation $138,277
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||6|
|$160k - $200k||2|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About University of New Brunswick:
Founded in 1785, University of New Brunswick (UNB) is one of the oldest public universities in North America. It has 2 campuses, Fredericton campus and Saint John campus. As a research university, UNB contains many research institutes and is responsible for 75% of all publicly funded research in New Brunswick. UNB has 11 Canada Research Chairs. The university has 11,000 students, a student-faculty ratio of 16:1 and offers more than 75 programs.
In F2015, University of New Brunswick spent $242.7m on its programs, including $120m on teaching and $45.7m on research grants. It gave out $9.6m in scholarships and financial aid. UNB reports that scholarship per full-time student has increased by 24% over the past 5 years to $755 per full-time student. In F2014, UNB started a $2.5m project with Siemens Canada to develop two smart grid energy projects. With research funding, UNB students and researchers have launched 18 start-ups since 2000. Start-up Canada ranked University of New Brunswick as the top entrepreneurial university in Canada.
Like most universities University of New Brunswick calculates its economic impact on the province. It reports that for every $1 students invest in UNB they will make $2.8 in future earnings and that its entrepreneurial activities added $1.2bn to New Brunswick's income. The university claims to have saved $8.5m in social savings in the province thanks to its research on crime and unemployment. UNB states that provincial taxpayers receive an 11% rate of return on their investment (through taxes) in the university.
University of New Brunswick is one of Canada's Major 100 charities with donations of $19.1m along with tuition of $99.8m and government funding of $164.1m. Administrative costs are 10% of total revenues and fundraising costs are 14% of total donations. Total overhead costs come to 23%, falling within Ci's reasonable range. UNB has total funding reserves of $374m, including an endowment fund of $132.9m. Excluding donor-endowed funds, UNB's funding reserves can cover program costs for 1 year.
UNB's endowment fund per student comes to $12k per student.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on August 8th, 2016 by Mirza Shakir.
Financial RatiosFiscal year ending April
|Administrative costs as % of revenues||9.6%||8.1%||7.1%|
|Fundraising costs as % of donations||13.8%||19.7%||19.7%|
|Program cost coverage (%)||154.1%||146.5%||127.0%|
Summary Financial StatementsAll figures in $000s
|Fees for service||99,848||101,304||100,383|
|Business activities (net)||2,054||2,162||2,557|
|Cash flow from operations||26,178||34,306||40,976|