GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO Charity Report

Public IRS 990 nonprofit record

GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO

EIN 98-6001141 · Health Care (E)

What they do

The Universitys Vision is to Be A Leader Among The Worlds Best Public Universities In Its Discovery, Preservation and Sharing of Knowledge Through Its Teaching and Research and Its Commitment to Excellence and Equity.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders86 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.66%of revenue went to mission work94.8% of expenses · Program services

1.17%of revenue went to fundraising1.3% of expenses

$89.34spent for every $100 of revenueRevenue covered expenses this year.

3.52%of revenue went to management and office costs3.9% of expenses

$3.59in assets for every $1 spent this yearSome assets cannot be spent right away.

30.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $507,085 for ALAN ASPURU-GUZIK (PROFESSOR OF CHEMISTRY AND COMPUTER SCIENCE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,486,918,000

Mission workProgram services$2,951,880,00084.66% of revenue94.8% of expenses

ManagementOffice and general costs$122,663,0003.52% of revenue3.9% of expenses

FundraisingAsking for donations$40,750,0001.17% of revenue1.3% of expenses

Revenue left after expensesReported annual surplus$371,625,00010.66% of revenueShown in gray on the chart

Total expenses$3,115,293,00089.34% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.8% mission · 3.9% management · 1.3% fundraisingTotal expenses: 89.34% of revenue

2023Expense mix: 95.1% mission · 3.7% management · 1.3% fundraisingTotal expenses: 89.07% of revenue

2022Expense mix: 95.1% mission · 3.7% management · 1.2% fundraisingTotal expenses: 87.11% of revenue

2021Expense mix: 95.3% mission · 3.6% management · 1.1% fundraisingTotal expenses: 89.14% of revenue

2020Expense mix: 95.4% mission · 3.6% management · 1.0% fundraisingTotal expenses: 81.85% of revenue

2019Expense mix: 95.4% mission · 3.5% management · 1.1% fundraisingTotal expenses: 87.83% of revenue

2018Expense mix: 95.4% mission · 3.5% management · 1.1% fundraisingTotal expenses: 85.95% of revenue

2017Expense mix: 95.5% mission · 3.4% management · 1.1% fundraisingTotal expenses: 86.24% of revenue

Money in and money out

Revenue$3,486,918,000

Expenses$3,115,293,000

Annual surplus $371,625,000 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,951,880,000 · 94.8% of expenses

Management and office costs$122,663,000 · 3.9% of expenses

Fundraising$40,750,000 · 1.3% of expenses

See all reported dollar amounts

Revenue$3,486,918,000

Expenses$3,115,293,000

Assets$11,185,048,000

Income$3,486,918,000

Contributions$1,055,415,000

Mission work (program services)$2,951,880,000

Fundraising$40,750,000

Grants given$15,311,000

Average grant$106,326

Management and general$122,663,000

Stocks and bonds$4,527,270,000

Accounting fees$406,000

Investing fees$48,351,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALAN ASPURU-GUZIKPROFESSOR OF CHEMISTRY AND COMPUTER SCIENCE · 36 hrs/week $507,085

MERIC GERTLEREX OFFICIO, PRESIDENT, UNIVERSITY OF TORONTO · 36 hrs/week $454,771

DAVID GOLDREICHPROFESSOR OF FINANCE · 36 hrs/week $397,088

MIKHAIL SIMUTINASSOCIATE PROFESSOR OF FINANCE · 36 hrs/week $394,656

BRIAN GOLDENPROFESSOR OF STRATEGIC MANAGEMENT · 36 hrs/week $376,603

WILLIAM STRANGEPROFESSOR OF ECONOMIC ANALYSIS AND POLICY · 36 hrs/week $375,892

SUSAN CHRISTOFFERSENPROFESSOR OF FINANCE · 36 hrs/week $370,311

BRIAN SILVERMANPROFESSOR OF STRATEGIC MANAGEMENT · 36 hrs/week $369,438

WEI-YI SCOTT LIAOPROFESSOR OF ACCOUNTING · 36 hrs/week $368,459

MIHNEA MOLDOVEANUPROFESSOR OF ECONOMIC ANALYSIS AND POLICY · 36 hrs/week $363,806

ALEXANDER DYCKPROFESSOR OF FINANCE · 36 hrs/week $363,580

GLEN WHYTEPROFESSOR OF ORGANIZATIONAL BEHAVIOUR AND HUMAN RE · 36 hrs/week $361,122

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (86)

ALAN ASPURU-GUZIKPROFESSOR OF CHEMISTRY AND COMPUTER SCIENCE

MERIC GERTLEREX OFFICIO, PRESIDENT, UNIVERSITY OF TORONTO

DAVID GOLDREICHPROFESSOR OF FINANCE

MIKHAIL SIMUTINASSOCIATE PROFESSOR OF FINANCE

BRIAN GOLDENPROFESSOR OF STRATEGIC MANAGEMENT

WILLIAM STRANGEPROFESSOR OF ECONOMIC ANALYSIS AND POLICY

SUSAN CHRISTOFFERSENPROFESSOR OF FINANCE

BRIAN SILVERMANPROFESSOR OF STRATEGIC MANAGEMENT

WEI-YI SCOTT LIAOPROFESSOR OF ACCOUNTING

MIHNEA MOLDOVEANUPROFESSOR OF ECONOMIC ANALYSIS AND POLICY

ALEXANDER DYCKPROFESSOR OF FINANCE

GLEN WHYTEPROFESSOR OF ORGANIZATIONAL BEHAVIOUR AND HUMAN RE

CRAIG ANDREW DOIDGEPROFESSOR OF FINANCE

DAVID PALMERVICE-PRESIDENT ADVANCEMENT

LIONEL TREVOR YOUNGPRESIDENTIAL APPOINTEE, PROFESSOR, PSYCHIATRY AND

JOHN HULLPROFESSOR OF FINANCE

JOEL BAUMPROFESSOR OF STRATEGIC MANAGEMENT

CHERYL REGEHRPROFESSOR, FACTOR-INWENTASH FACULTY OF SOCIAL WORK

LEAH COWENVICE-PRESIDENT, RESEARCH AND INNOVATION, AND STRAT

SCOTT MABURYVICE-PRESIDENT, OPERATIONS AND REAL ESTATE PARTNER

KELLY HANNAH-MOFFATVICE-PRESIDENT, PEOPLE STRATEGY, EQUITY AND CULTUR

JAN MAHRT-SMITHASSOCIATE PROFESSOR OF FINANCE

JOSEPH WONGVICE-PRESIDENT, INTERNATIONAL; PROFESSOR, POLITICA

ALEXANDRA GILLESPIEVICE-PRESIDENT; PRINCIPAL, UNIVERSITY OF TORONTO M

WISDOM TETTEYPROFESSOR OF POLITICAL SCIENCE

CHRISTINE SZUSTACZEKVICE-PRESIDENT, COMMUNICATIONS

TREVOR RODGERSCHIEF FINANCIAL OFFICER

LINDA JOHNSTONPRESIDENTIAL APPOINTEE, VICE-PRESIDENT, RESEARCH A

MARK LAUTENSPROFESSOR OF CHEMISTRY, ASTRA ZENECA CHAIR IN ORGA

AVRUM GOTLIEBPROFESSOR, LABORATORY MEDICINE AND PATHOBIOLOGY

ALEX MIHAILIDISASSOCIATE VICE PRESIDENT, INTERNATIONAL PARTNERSHI

RAMY ELITZURPROFESSOR OF ACCOUNTING

ROSELLE DRUMMONDSECRETARY OF THE GOVERNING COUNCIL

RON LEVIPROFESSOR GLOBAL AFFAIRS AND SOCIOLOGY, ASSOCIATE

DAVID ZINGGPROFESSOR OF AEROSPACE STUDIES

SHASHI KANTPROFESSOR, INSTITUTE FOR MANAGEMENT AND INNOVATION

DONALD AINSLIEPROFESSOR OF PHILOSOPHY

NICHOLAS TERPSTRAPROFESSOR OF HISTORY AND INTERIM CHAIR OF ITALIAN

DOUGLAS MCDOUGALLPROFESSOR OF EDUCATION

STARK DRAPERPROFESSOR OF ELECTRICAL AND COMPUTER ENGINEERING A

ERNEST LAMPROFESSOR OF DENTISTRY AND ASSOCIATE DEAN GRADUATE

VINA GOGHARIPROFESSOR OF PSYCHOLOGY AND VICE-DEAN, RESEARCH AN

RHONDA MCEWENPROFESSOR, INSTITUTE OF COMMUNICATION, CULTURE, IN

NHUNG TRANASSOCIATE PROFESSOR OF HISTORY

PAUL KINGSTONPROFESSOR OF POLITICAL SCIENCE

LAURENT BOZECPROFESSOR OF DENTISTRY

ANDREW PETERSENPROFESSOR, TEACHING STREAM, DEPARTMENT OF MATHEMAT

AARTHI ASHOKPROFESSOR, TEACHING STREAM OF BIOLOGICAL SCIENCES

VIKRAM CHADALAWADADIRECTOR, STUDENT LIFE INFORMATION TECHNOLOGY STRA

SOTIRIOS DAMOURASPROFESSOR, TEACHING STREAM OF COMPUTER AND MATHEMA

SAROSH JAMALDEVELOPMENT AND OPERATIONS ADMINISTRATOR

K SONU GAINDCLINCIAN TEACHER

GLEN BANDIERAASSOCIATE DEAN, PGME

AUDREY KARLINSKYCLINCIAN TEACHER

SAMUEL ELFASSYGOVERNMENT APPOINTEE

AKINA LALLAPART-TIME UNDERGRADUATE STUDENT

SANDRA HANINGTONGOVERNMENT APPOINTEE, VICE-CHAIR

CAMERON MIRANDA-RADBORDUNDERGRADUATE STUDENT

SHARLEEN AHMEDGOVERNMENT APPOINTEE

BRIAN MADDENALUMNI

ANNA KENNEDYGOVERNMENT APPOINTEE

THOMAS HOFMANNGOVERNMENT APPOINTEE

ANN CURRANGOVERNMENT APPOINTEE

ANKITA GOYATUNDERGRADUATE STUDENT

WESLEY HALLEX OFFICIO, CHANCELLOR

AMANDA BARTLEYALUMNI

WILLIAM VERREAULTGRADUATE STUDENT

LIAM DRAVIDUNDERGRADUATE STUDENT

JANET CLOUDGOVERNMENT APPOINTEE

LUCA CALABRETTAUNDERGRADUATE STUDENT

KIKELOMO LAWALGOVERNMENT APPOINTEE

MARY-AGNES WILSONGOVERNMENT APPOINTEE

MATHANGI GOPINATHANALUMNI

MAUREEN HARQUAILGOVERNMENT APPOINTEE

MAYA POVHEPART-TIME UNDERGRADUATE STUDENT

JOVAN BURSACGRADUATE STUDENT

JOANNE MCNAMARAGOVERNMENT APPOINTEE

DANIELLE SKIPPGOVERNMENT APPOINTEE

GRACE WESTCOTTALUMNI

PAUL HUYERALUMNI

RAJIV MATHURGOVERNMENT APPOINTEE

GEETA YADAVALUMNI

EHA NAYLORALUMNI

RICHARD MACKENDRICKALUMNI

ROBERT COOPERGOVERNMENT APPOINTEE

DAVID JACOBSGOVERNMENT APPOINTEE, CHAIR

About this charity

Recognized since: January 1954
Location: TORONTO ONTARIO M5S 3E2, CANADA
In care of: % FINANCIAL SERVICES DEPARTMEN
Primary officer: Sanish Samuel, Controller & Director

How to reach them

WebsiteVisit the charity’s website Phone(416) 978-2802

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
NTEE classification: Health Care (E)
IRS tax category: Health Care
Grant-giving organization: Yes