University of Victoria
Publicly funded institution · Victoria, British Columbia · BN 108162470RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($814,323,498) as filed with the CRA.
University of Victoria 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 $847.1M in revenue and $814.3M in expenditures.
Its funding that year was roughly 56% from government. Government funding is the majority of its budget. In 2024, 115 other registered charities reported granting it a combined $8.5M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid positions fell in the $350,000 and over range (4 positions in that band). The charity reported 3,709 permanent full-time positions.
Its filed list of directors and trustees shows 2 names.
In its own words
The University of Victoria is a comprehensive research university offering a wide range of undergraduate graduate and continuing studies programs.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $847.1M | $814.3M | $702.1M | $6.7M | $8.5M | $1.7B |
| 2023 | $767.1M | $738.3M | $637.6M | $6.5M | $11M | $1.6B |
| 2022 | $727.6M | $738.3M | $637.6M | $6.5M | $11M | $1.5B |
| 2021 | $706.6M | $640.5M | $538.5M | $5.4M | $15.6M | $1.5B |
| 2020 | $654.5M | $627.6M | $531.5M | $5.3M | $12.9M | $1.4B |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $8.5M from 115 charities:
- Canada Gives$760K
- Aqueduct Foundation$742K
- Clean Prosperity Foundation$692K
- The Victoria Foundation$631K
- Vancouver Foundation$615K
- ALACS Foundation$500K
- Djavad Mowafaghian Foundation$350K
- Pacific Salmon Foundation/fondation du Saumon du Pacifique$346K
- Waverley House Charitable Trust$300K
- Nicola Wealth Private Giving Foundation$292K
- Actua$278K
- The Sitka Foundation$275K
- CHIMP: Charitable Impact Foundation (Canada)$271K
- United Jewish Appeal of Greater Toronto$220K
- RBC Foundation$200K
- Charitable Gift Funds Canada Foundation$182K
- Tiny Foundation$123K
- Liber Ero Foundation$105K
- Brain Canada Foundation$105K
- Rideau Hall Foundation$104K
- TELUS Friendly Future Foundation$100K
- Diabetes Canada Diabète Canada$100K
- Carolyn E. and Robert J. McCormick Foundation$93K
- North Family Foundation$75K
- Cancer Research Society$63K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over4 positions
- $300,000–349,9996 positions
- Permanent full-time positions3,709
- Total compensation, all staff$488.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Carrie Andersen (secretary); Kevin Hall (ex officio).
As listed on its 2024 return.
Check the source
Every figure on this page is from University of Victoria’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 108162470RR0001), or read how we compute the receipt.