This list of Canadian universities by endowment groups the
universities
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, t ...
in
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
according to their
endowments. As of the end of the 2021/2022 fiscal year, the total value of endowments at Canadian universities was nearly $21 billion. Some universities do not have endowments while the largest endowment for a single university - the
University of Toronto
The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
- is over $3 billion.
Mount Allison University
Mount Allison University (also Mount A or MtA) is a Canadian primarily undergraduate liberal arts university located in Sackville, New Brunswick, founded in 1839.
Like other liberal arts colleges in North America, Mount Allison does not parti ...
has the largest endowment per student of non-federated Canadian universities and the second largest endowment per student of all Canadian universities after
Victoria University federated with the University of Toronto, reaching over $107k per student as of December 31, 2021. Mount Allison has significantly larger endowments than the average Canadian and Atlantic Canadian primarily undergraduate university.
Endowments over C$1 billion
The following are the Canadian universities with financial endowments over $1 billion, expressed in
Canadian dollar
The Canadian dollar ( symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style ...
s at
fair value
In accounting and in most schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated wi ...
. All sources are official audited financial statements published in the respective
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
s. As a
collegiate university
A collegiate university is a university in which functions are divided between a central administration and a number of constituent colleges. Historically, the first collegiate university was the University of Paris and its first college was the C ...
, the
University of Toronto
The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
reports its financial and endowment information exclusive of its colleges, which hold additional endowments of their own.
Endowments C$250 million to C$1 billion
The following are the Canadian universities with the financial endowments between $250 million and $1 billion, expressed in
Canadian dollar
The Canadian dollar ( symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style ...
s at
fair value
In accounting and in most schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated wi ...
. All sources are official audited financial statements published in the respective
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
s.
Endowments less than C$250 million
The following are the Canadian universities with financial endowments less than $250 million, expressed in
Canadian dollar
The Canadian dollar ( symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style ...
s at
fair value
In accounting and in most schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated wi ...
. All sources are official audited financial statements published in the respective
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
s.
See also
*
Lists of institutions of higher education by endowment size
The following are lists of institutions of higher education by endowment size.
Africa
* List of South African universities by endowment
Europe
* List of United Kingdom universities by endowment
* See table below for France.
North America
* ...
*
U15 Group of Canadian Research Universities
The U15 Group of Canadian Research Universities (french: U15 – Regroupement des universités de recherche du Canada, commonly shortened to U15) is an association of 15 Canadian public research universities. It is headquartered in Ottawa and was ...
*
List of universities in Canada
Universities in Canada are established and operate under provincial and territorial government charters, except in one case directed by First Nations bands and in another by federal legislation. Most public universities in the country are memb ...
References
{{Reflist
Education finance in Canada
Endowment
Endowment most often refers to:
*A term for human penis size
It may also refer to: Finance
*Financial endowment, pertaining to funds or property donated to institutions or individuals (e.g., college endowment)
*Endowment mortgage, a mortgage to b ...
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...