Bishop's University
Publicly funded institution · Sherbrooke, Quebec · BN 106796535RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($93,232,956) as filed with the CRA.
Bishop's University is a charitable organization based in Sherbrooke, Quebec, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending April 30, 2024, it reported $100.4M in revenue and $93.2M in expenditures.
Its funding that year was roughly 51% from government, 7% from other charities. Government funding is the majority of its budget. In 2024, 9 other registered charities reported granting it a combined $7.1M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers. Its fundraising cost per donated dollar was higher than 97% of that peer group. Its highest-paid position fell in the $350,000 and over range. The charity reported 381 permanent full-time positions.
Its filed list of directors and trustees shows 15 names.
In its own words
1 - We provide University education and research. 2 - We offer financial aid (scholarships and bursaries) to our students. 3 - We offer cultural programs and community outreach.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $100.4M | $93.2M | $52.6M | $1.2M | — | $23.4M |
| 2023 | $91.4M | $84.8M | $48.2M | $760K | — | $14.8M |
| 2022 | $81.7M | $72.1M | $42.1M | $743K | — | $4.8M |
| 2021 | $71.8M | $64.4M | $47.9M | $725K | — | $5.6M |
| 2020 | $73.9M | $69.7M | $54.3M | $683K | — | -$7.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $7.1M from 9 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $250,000–299,9991 position
- $200,000–249,9991 position
- $160,000–199,9997 positions
- Permanent full-time positions381
- Total compensation, all staff$46.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Abel Bosum (trustee); Mark Caduc (trustee); Kent Carson (trustee); Pierre Cossette (trustee); Suzie O'Bomsawin (trustee); Jessica Riddell (trustee); Calin Valsan (trustee); Murielle Lortie (trustee); Nanci Chagnon (trustee); Junior Sirivar (trustee); Heather McKeen-Edwards (trustee); Chris Gokiert (trustee); Sébastien Lebel-Grenier; Robert Hall (trustee); Tova White (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Bishop's University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 106796535RR0001), or read how we compute the receipt.