Royal Institution For the Advancement of Learning-mcgill Uni
501(c)(3)
93% goes to programs $2 to raise $100 Strong reserves
Royal Institution For the Advancement of Learning-mcgill Uni is a 501(c)(3) organization, registered in 1944, with $1,343,132,081 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
Montreal Quebec H3a 0g4, Canada, 00000 EIN 98-6001153 Since 1944
Revenue (FY2024)
$1.3B
▲ 0.9% vs prior year
Expenses (FY2024)
$1.3B
Net assets
$1.6B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Royal Institution For the Advancement of Learning-mcgill Uni: 93% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Royal Institution For the Advancement of Learning-mcgill Uni: 15 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Royal Institution For the Advancement of Learning-mcgill Uni: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Royal Institution For the Advancement of Learning-mcgill Uni: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Advancement of learning and the creation and dissemination of knowledge by offering the best possible education by carrying out research and scholarly activities judged to be excellent by the highest international standards and by providing service to society.
What they do
Student services: programs and activities intended to support and enhance campus life and the well being of the students attending the university. these include primarily financial aid in the form of scholarships fellowships prizes and awards that are given based on scholastic achievement. bursaries are given purely on the basis of need. other services include health care physical and mental; career counseling and the availability of sports and sporting facilities. all of these activities are maintained on both campuses of the university.
Community services: include non-credit courses workshops seminars conferences and the use of university personnel expertise in joint projects with other organizations.
Other program service expenses are those related to the universitys ancillary operations including but not limited to: residence catering parking printing and the campus bookstore. other program services include administrative and managerial salaries as well as inventory sold and equipment maintenance. includes adjustment of -$3,658,147 for part ix line 3 grants and allocations reported in program service instead of management and general expenses -$3,657,813 and part ix line 11 professional fundraising fees from program to fundraising $334.
Contact & location
- Address
- Montreal Quebec H3a 0g4, Canada, 00000
- City
- —
- State
- —
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.1B (FY2020) to $1.3B (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.2BNet assets $1.6B
Operating margin
2.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8B
Total liabilities
$3.2B
Net assets
$1.6B
Salaries & benefits
$722.6M
55% of expenses
Board members
25
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,343,132,081▲0.9% | $1,314,438,225▲0.5% | $1,596,984,820▲5.0% | $4,817,815,605▲1.5% | 990 |
| 2023 | $1,330,552,247▲6.5% | $1,308,506,843▲3.8% | $1,520,725,401▲11.2% | $4,748,622,547▲6.1% | 990 |
| 2022 | $1,248,945,332▼0.8% | $1,260,100,259▲1.6% | $1,367,129,063▼3.4% | $4,474,648,174▲0.5% | 990 |
| 2021 | $1,258,547,846▲12.4% | $1,239,667,803▲12.1% | $1,415,028,258▼5.8% | $4,451,385,652▲1.0% | 990 |
| 2020 | $1,119,934,081 | $1,105,665,253 | $1,502,940,324 | $4,408,547,538 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Christopher Manfredi — $621,315 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher Manfredi | Provost and Executive Vice-president Academic | 0 | $621,315 |
| Marc Weinstein | Vice-president University Advancement | 0 | $584,270 |
| Hargurdeep Saini | President and Vice Chancellor | 0 | $503,220 |
| David Eidelman | Professor | 0 | $428,578 |
| Lesley Fellows | Vice-president Health Affairs and Dean Faculty of Medicine and Health Sciences | 0 | $404,328 |
| Maxime Cohen | Director of Research Bsrm | 0 | $382,148 |
| Vincent Mooser | Professor Cerc Genomic Medicine | 0 | $373,662 |
| Gregory Mark Lathrop | Professor Crc Medical Genomics | 0 | $366,963 |
| Alain Pinsonneault | Academic Director Emba | 0 | $342,897 |
| Martha Crago | Vice-president Research and Innovation | 0 | $257,982 |
| Diana Dutton | Interim Vice-president Administration and Finance | 0 | $243,235 |
| Adrienne Piggott | Admin and Support Staff Rep | 0 | — |
| Diletta Prando | Member-at-large | 0 | — |
| Edith Zorychta | Senate Representative | 0 | — |
| Fred Headon | Member-at-large | 0 | — |
| Jonathan Sigler | Member-at-large | 0 | — |
| Maryse Bertrand | Chair Member-at-large | 0 | — |
| Paul Maarika | Member-at-large | 0 | — |
| Petra Rohrbach | Senate Representative | 0 | — |
| Pierre Matuszewski | Member-at-large | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dana Hospitality Limited Partnership | Food | $9,182,283 |
| Groupe De Securite Garda Senc | Security | $3,537,395 |
| Entretien Peace Plus Inc | Janitorial | $2,889,927 |
| Mcgill University Health Center | Repairs and Maintenance | $1,626,654 |
| Fasken Martineau Dumoulin LLP | Legal Services | $1,414,910 |
Grants received · $86K total
2 grants to Royal Institution For the Advancement of Learning-mcgill Uni totaling $86K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Population Council Inc | Pgy | 2016 | $35,676 |
| Population Council Inc | Pgy | 2014 | $50,000 |
Frequently asked questions
- Is Royal Institution For the Advancement of Learning-mcgill Uni a legitimate nonprofit?
- Yes. Royal Institution For the Advancement of Learning-mcgill Uni is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-6001153.
- What is Royal Institution For the Advancement of Learning-mcgill Uni's EIN?
- Royal Institution For the Advancement of Learning-mcgill Uni's Employer Identification Number (EIN) is 98-6001153.
- How much revenue does Royal Institution For the Advancement of Learning-mcgill Uni report?
- Royal Institution For the Advancement of Learning-mcgill Uni reported $1,343,132,081 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Royal Institution For the Advancement of Learning-mcgill Uni's spending goes to programs?
- Royal Institution For the Advancement of Learning-mcgill Uni spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Royal Institution For the Advancement of Learning-mcgill Uni have?
- CharityIndex grades Royal Institution For the Advancement of Learning-mcgill Uni A+, based on program efficiency and fundraising cost.
- How much does Royal Institution For the Advancement of Learning-mcgill Uni's highest-paid employee make?
- The highest reported compensation on Royal Institution For the Advancement of Learning-mcgill Uni's latest Form 990 is $621,315, paid to Christopher Manfredi (Provost and Executive Vice-president Academic).
Explore more
Data for Royal Institution For the Advancement of Learning-mcgill Uni (EIN 98-6001153) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.