University of Waterloo
Publicly funded institution · Waterloo, Ontario · BN 119260685RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($1,298,133,269) as filed with the CRA.
University of Waterloo is a charitable organization based in Waterloo, Ontario, 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 $1.4B in revenue and $1.3B in expenditures.
Its funding that year was roughly 31% from government. In 2024, 114 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 81% of peers. Its highest-paid positions fell in the $350,000 and over range (4 positions in that band). The charity reported 4,751 permanent full-time positions.
It reported gifts to 12 qualified donees totalling $2,253 in 2024, the largest being $650 to My Tribute Gift Foundation. Its filed list of directors and trustees shows 23 names.
In its own words
The pursuit of learning through scholarship teaching and research.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.4B | $1.3B | $1.2B | $21.8M | $2,497 | $1.4B |
| 2023 | $1.3B | $1.2B | $1.2B | $20M | $403K | $1.3B |
| 2022 | $1.2B | $1.1B | $1.1B | $17.9M | $804K | $1.1B |
| 2021 | $1.2B | $1.1B | $1B | $19.6M | — | $1.1B |
| 2020 | $1.2B | $1.1B | $1B | $10.2M | — | $896.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2,253 to 12 qualified donees:
- My Tribute Gift Foundation$650
- Waterloo Regional Health Network Foundation$550
- Sunnyside Home Foundation$250
- Bruce Peninsula Hospitals Foundation$103
- The Princess Margaret Cancer Foundation$100
- Windsor Regional Hospital Foundation$100
- University Hospitals$100
- Centre for Addiction and Mental Health Foundation$100
- Hospice Wellington$100
- Alzheimer Society Waterloo Wellington$100
- Nature Conservancy of Canada$50
- Canadahelps Canadon$50
Received $7.1M from 114 charities:
- United Jewish Appeal of Greater Toronto$1.1M
- FDC Foundation$800K
- Actua$440K
- RBC Foundation$320K
- Ihnatowycz Family Foundation$300K
- Charitable Gift Funds Canada Foundation$258K
- Fondation Philantra Philantra Foundation$200K
- Fondation Philantra Philantra Foundation$200K
- The TRH Foundation$200K
- The Esch Foundation$200K
- Weston Family Foundation$200K
- The Farmer Family Foundation$200K
- Canada Gives$180K
- BenefAction Foundation$170K
- CWB Welding Foundation$135K
- Waterloo Regional Health Network Foundation$125K
- Canadian Online Giving Foundation$115K
- Pooler Charitable Fund$106K
- The Molson Foundation/fondation Molson$100K
- The Annual Foundation$100K
- Fighting Blindness Canada$100K
- The N. S. Robertson Charitable Foundation$100K
- Waterloo Region Community Foundation$88K
- Brain Canada Foundation$84K
- Abundance Canada$76K
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 positions4,751
- Total compensation, all staff$824.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Andre Hladio (lieutenant governor in council); John Saabas (community-at-large); Michael Eubanks (lieutenant governor in council); Dan Weber (lieutenant governor in council); Aubrey Basdeo (community-at-large); Linda Blair (community-at-large); Nancy Heide (staff); Vivek Goel (president and vice-chancellor); Catherine Dong (undergraduate student); Neela Hassan (graduate student); Bilal Khan (community-at-large); Dorothy McCabe (mayor waterloo); Marc Aucoin (faculty); Kristiina Montero (faculty); Teresa Fortney (community-at-large); Murray Gamble (community-at-large); Nasser Abukhdeir (faculty); Terry Mundell (lieutenant governor in council); David Porreca (faculty); Karen Redman (region of waterloo); Asher Scaini (undergraduate student); Berry Vrbanovic (city of kitchener); Jennisha Wilson (staff).
As listed on its 2024 return.
Check the source
Every figure on this page is from University of Waterloo’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119260685RR0001), or read how we compute the receipt.