The University of British Columbia

EIN: 986001255 501(c)(3) Education
Total Revenue
$2,797,284,167
Total Expenses
$2,707,290,736
Total Assets
$6,247,061,696
Net Assets
$2,786,711,097
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1908
Principal Officer
Benoit-Antoine Bacon
Tax Period
2024-04-01 to 2025-03-31

The University of British Columbia, founded in 1908, is a large national nonprofit in the Education sector that reported $2.8B in total revenue in fiscal year 2024. Expenses of $2.7B left a modest 3% surplus.

Mission

The University offers post secondary education to the general public. The University is also involved in research activities museums conference centre performing arts and community services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,508,525,695
Program Service Revenue $1,144,553,695
Investment Income $73,684,020
Other Revenue $70,520,757
TOTAL REVENUE $2,797,284,167

Expense Breakdown

Grants Paid $284,454,912
Salaries & Benefits $1,746,924,995
Fundraising Expenses $31,764,422
Program Expenses $2,510,141,884
Other Expenses $675,910,829
TOTAL EXPENSES $2,707,290,736

Year-over-Year Comparison

2024 2023 Change
Revenue $2,797,284,167 $2,716,997,035 +0.0%
Expenses $2,707,290,736 $2,644,478,189 +0.0%
Net Income $89,993,431 $72,518,846 +0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
24
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
24
$1,413,088
Key Employees
21
$5,190,786
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benoit-Antoine Bacon Governor President and Vice-Chancellor 40.00
Director Key Emp
$0 $522,203 $522,203
Eshana Bhangu Governor 4.00
Director
$0 $0 $0
Isabella Bravo-Chang Governor 4.00
Director
$0 $0 $0
Alison Brewin Governor Committee Chair Committee Vice-Chair 5.50
Director
$0 $0 $0
Natalie Chan Governor Committee Chair 5.50
Director
$0 $0 $0
Amee Chande Governor 5.00
Director
$0 $0 $0
Jasbinder Dusangh Governor Committee Chair 5.50
Director
$0 $0 $0
Kareem Hassib Governor 4.00
Director
$0 $0 $0
Andrew Hilton Governor Committee Vice-Chair 40.00
Director
$0 $214,892 $214,892
Kamil Kanji Governor 4.00
Director
$0 $0 $0
Anna Kindler Governor Committee Chair 40.00
Director
$0 $301,391 $301,391
Miranda Lam Governor Board Chair Committee Chair 13.50
Director
$0 $0 $0
Irene Lanzinger Governor 4.00
Director
$0 $0 $0
Dallas Leung Governor Committee Chair 5.00
Director
$0 $0 $0
Charles Menzies Governor Committee Chair Committee Vice-Chair 40.00
Director
$0 $160,624 $160,624
Anthonia Ogundele Governor Committee Vice-Chair 5.50
Director
$0 $0 $0
Ali Pejman Governor 4.50
Director
$0 $0 $0
Steven Point Governor Chancellor 4.00
Director
$0 $0 $0
Philipp Reichert Governor Committee Vice-Chair 40.00
Director
$0 $123,372 $123,372
Judy Rogers Governor Chancellor 6.00
Director
$0 $0 $0
Leonard Schein Governor Committee Vice-Chair 4.00
Director
$0 $0 $0
Balwinder Sundhu Governor Committee Chair Board Vice-Chair Interim Board Chair 12.00
Director
$0 $0 $0
Matthew Tan Governor Committee Vice-Chair 40.00
Director
$0 $90,606 $90,606
Byron Thom Governor Board Vice-Chair Committee Chair Committee Vice-Chair 10.00
Director
$0 $0 $0
Dermot Kelleher Professor tenure Faculty of Medicine 40.00
Highest
$0 $567,994 $567,994
Zu-Hua Gao Professor tenure Faculty of Medicine 40.00
Highest
$0 $489,489 $489,489
Michael Hayden University Killam Professor Faculty of Medicine 40.00
Highest
$0 $472,833 $472,833
Tim Huh Professor tenure Sauder School of Business 40.00
Highest
$0 $472,634 $472,634
Francois Benard Professor tenure Faculty of Medicine 40.00
Highest
$0 $465,127 $465,127
Gage Averill Provost and Vice-President Academic pro tem 40.00
Key Emp
$0 $329,911 $329,911
Gail C Murphy VP Research Innovation 40.00
Key Emp
$0 $276,372 $276,372
Francesco Laezza VP Finance and Operations 40.00
Key Emp
$0 $272,770 $272,770
Ainsley Carry Vice President Students 40.00
Key Emp
$0 $268,151 $268,151
Heather McCaw VP Development Alumni Engagement 40.00
Key Emp
$0 $266,570 $266,570
Rehan Sadiq Provost and VP Academic and Research 40.00
Key Emp
$0 $259,617 $259,617
Lesley B Cormack Deputy Vice Chancellor and Principal 40.00
Key Emp
$0 $245,235 $245,235
Hubert Lai University Counsel 40.00
Key Emp
$0 $224,732 $224,732
Adam Charania Vice President 40.00
Key Emp
$0 $221,353 $221,353
Philip Barker Assoicate Vice Principal Research UBCO 40.00
Key Emp
$0 $220,869 $220,869
David Shorthouse Executive Director Academic Portfolio Initiatives 40.00
Key Emp
$0 $220,019 $220,019
Jennifer Burns Chief Information Officer AVP Information Technology 40.00
Key Emp
$0 $219,386 $219,386
Hillary Gosselin Associate Vice President Development 40.00
Key Emp
$0 $214,001 $214,001
Simon Peter Bates Vice-Provost and Associate Vice-President Teaching Learning 40.00
Key Emp
$0 $212,567 $212,567
Rachel Fernandez Associate Vice President Research and Innovation 40.00
Key Emp
$0 $207,061 $207,061
Michael White Associate Vice President 40.00
Key Emp
$0 $206,067 $206,067
Andrew Parr AVP Student Housing and Community Services 40.00
Key Emp
$0 $204,327 $204,327
Bhushan Gopaluni Vice-Provost Associate Vice- President Faculty Planning Pro Tem 40.00
Key Emp
$0 $200,759 $200,759
John Metras AVP Facilities 40.00
Key Emp
$0 $200,518 $200,518
Arig al Shaibah Associate Vice-President Equity and Inclusion 40.00
Key Emp
$0 $198,298 $198,298
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,797,284,167 $2,707,290,736 $6,247,061,696 $89,993,431
2024 $2,716,997,035 $2,644,478,189 $6,188,640,508 $72,518,846
2023 $2,597,142,824 $2,501,959,460 $5,884,742,737 $95,183,364
2022 $2,750,660,890 $2,435,663,078 $6,210,731,436 $314,997,812
2021 $2,266,245,117 $2,150,401,397 $5,857,109,216 $115,843,720
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