Royal Roads University
Publicly funded institution · Victoria, British Columbia · BN 899570063RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($92,333,242) as filed with the CRA.
Royal Roads University is a charitable organization based in Victoria, British Columbia, 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 $81.4M in revenue and $92.3M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 51% from government. Government funding is the majority of its budget. In 2024, 8 other registered charities reported granting it a combined $3.3M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 46% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its highest-paid positions fell in the $350,000 and over range (2 positions in that band). The charity reported 464 permanent full-time positions.
It reported gifts to 3 qualified donees totalling $1.9M in 2024, the largest being $992K to Royal Roads University Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
Royal roads university offers undergraduate graduate and executive programs in the applied and professional fields. The university offers degrees in arts; business and science; graduate diplomas; executive certificates; and professional development programs. The university also enters into applied research contracts.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $81.4M | $92.3M | $78.7M | $0 | $2.5M | $38.1M |
| 2023 | $82.3M | $81.2M | $71.2M | $5,514 | $912K | $46.6M |
| 2022 | $78.8M | $78.2M | $68.8M | $21K | $567K | $45.8M |
| 2021 | $75.4M | $74.7M | $65.3M | $25K | $1.5M | $45.6M |
| 2020 | $79.1M | $77M | $68.4M | $484K | — | $44.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.9M to 3 qualified donees:
- Royal Roads University Foundation$992K
- Cascade Institute Research Society$917K
- Indian Residential School Survivors Society$944
Received $3.3M from 8 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over2 positions
- $250,000–299,9993 positions
- $200,000–249,9995 positions
- Permanent full-time positions464
- Total compensation, all staff$52.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Shannon Ostertag (avp & finance officer); Susan Gee (vice president); Veronica Thompson (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Royal Roads University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899570063RR0001), or read how we compute the receipt.