Mount Royal University
Publicly funded institution · Calgary, Alberta · BN 119047959RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($249,487,320) as filed with the CRA.
Mount Royal University is a charitable organization based in Calgary, Alberta, 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 March 31, 2024, it reported $266.1M in revenue and $249.5M in expenditures.
Its funding that year was roughly 37% from government. In 2024, 15 other registered charities reported granting it a combined $5.5M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 21% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 1,175 permanent full-time positions.
Its filed list of directors and trustees shows 1 name.
In its own words
Mount royal university provides post secondary education in the areas of business science and the arts. The mount royal university foundation receives donations and issues all tax receipts; the foundation then transfers the funds to the university. The university provides some financial support to cover the administration costs incurred by the foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $266.1M | $249.5M | $191.7M | — | — | $176.5M |
| 2023 | $255.8M | $239M | $183.7M | — | — | $154.4M |
| 2022 | $182.2M | $165.8M | $129.1M | — | — | $164.4M |
| 2021 | $219.2M | $202.8M | $78.2M | — | — | $147.1M |
| 2020 | $233.6M | $229.2M | $84.1M | — | — | $127.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $5.5M from 15 charities:
- Mount Royal University Foundation$5.2M
- Cpa Education Foundation$81K
- Rideau Hall Foundation$74K
- The Calgary Foundation$41K
- Aqueduct Foundation$13K
- BenefAction Foundation$10K
- The Rotary Club of Calgary - Community Service Fund$5,000
- History & Heroes Foundation$4,500
- Strategic Charitable Giving Foundation$1,877
- Calgary Health Foundation$1,000
- Northwestern Alberta Foundation$1,000
- CHIMP: Charitable Impact Foundation (Canada)$996
- The Winnipeg Foundation$700
- Cseg Foundation$500
- Drayton Valley Community Foundation$500
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
- $300,000–349,9993 positions
- $250,000–299,9994 positions
- $200,000–249,9992 positions
- Permanent full-time positions1,175
- Total compensation, all staff$173.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Tim Rahilly (president and vice-chanc).
As listed on its 2024 return.
Check the source
Every figure on this page is from Mount Royal University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119047959RR0001), or read how we compute the receipt.