A post-secondary education is increasingly necessary to find employment in Canada’s information economy. But once you’ve finished your degree, traded in your book bag for a briefcase, and paid off your student loans, what happens to the institution you left behind? Many universities and colleges face financial difficulties and require further support beyond your tuition dollars in order to continue their pursuit of higher education.

Fortunately, universities in Canada qualify as charities and can receive donations from the public (via Chimp!). Donors receive tax receipts like they would for donations to any other charity.

As part of their listing of highly-rated charities in Canada, our friends at Charity Intelligence have included eight universities that have achieved a 4-star rating, the highest rating they give; ratings are based on transparency, accountability, need for funding, and operating efficiency. Here are those institutions in alphabetical order.

McMaster University, Hamilton, Ontario. Endowment (2014): $609 million.

Memorial University of Newfoundland, St. John’s, Newfoundland. Endowment (2013): $69 million.

Trent University, Peterborough, Ontario. Endowment (2014): $48.6 million.

University of Alberta, Edmonton, Alberta. Endowment (2015): $1 billion.

University of Guelph, Guelph, Ontario. Endowment (2015): $308.9 million.

University of Saskatchewan, Saskatoon, Saskatchewan. Endowment (2013): $247.9 million.

University of Toronto, Toronto, Ontario. Endowment (2015): $2.14 billion.

University of Victoria, Victoria, British Columbia. Endowment (2015): $348 million.

Our Top-Rated University Charities

Ryan Jones

Copywriter

Category: How To
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  • […] If you attended a university or college, consider giving to your alma mater. If you have more specific charitable goals, research which schools are working in areas that align with your preferences and donate to those schools or programs. If your only concern is that your charity dollars go to a reliable institution that will use them wisely, you may want to consult our Top-Rated University Charities list. […]

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