2023-03-15T06:55:42-05:00 2022-04-30 KPMG LLP Suite 700 21 King St West Hamilton Ontario CA L8P 4W7 990 2021-05-01 237213309 McMaster University % DEIDRE HENNE MCMA 9055259140 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 SAHER FAZILAT VP-OPERATION-FINANCE 9055259140 2022-06-17 true SAHER FAZILAT 888008888 KATHLEEN LI P01506951 9055238200 2022-06-17 2 2021 2023-04-26 12:10:37Z SAHER FAZILAT 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 964328730 false X www.mcmaster.ca X UNIVERSITY 1976 CA See Schedule O - attachment 1 37 25 0 300 0 438764920 494149044 324610870 354610871 152132650 -25706773 78272885 131537965 993781325 954591107 58715975 60165933 0 0 530156632 581626015 0 0 0 227640227 270612006 816512834 912403954 177268491 42187153 2732885632 2782562539 1263876272 1448417761 1469009360 1334144778 X AT MCMASTER UNIVERSITY OUR PURPOSE IS THE DISCOVERY, COMMUNICATION AND PRESERVATION OF KNOWLEDGE. IN OUR TEACHING, RESEARCH, AND SCHOLARSHIP, WE ARE COMMITTED TO CREATIVITY, INNOVATION AND EXCELLENCE. WE VALUE INTEGRITY, QUALITY, INCLUSIVENESS AND TEAMWORK IN EVERYTHING WE DO. WE INSPIRE CRITICAL THINKING, PERSONAL GROWTH, AND A PASSION FOR LIFELONG LEARNING. WE SERVE THE SOCIAL, CULTURAL, AND ECONOMIC NEEDS OF OUR COMMUNITY AND OUR SOCIETY. false false 651504862 28361231 361542324 Operating Fund -- UNRESTRICTED GENERAL REVENUES AND EXPENSES THAT ARE DIRECTLY RELATED TO THE MISSION OF THE UNIVERSITY, EDUCATION AND ACTIVITIES SUPPORTING RESEARCH. 161988682 22627132 0 Research Fund -- RESEARCH-RELATED FUNDS EXTERNALLY RESTRICTED BY THE UNIVERSITY THAT HAVE A NON-EXPANDABLE REQUIREMENT AS WELL AS OTHER LEGAL REQUIREMENTS FOR USE AS AGREED UPON BY THE DONOR AND THE UNIVERSITY. 50698231 0 51814921 Ancillary Fund -- SALES OF GOODS AND SERVICES BY DEPARTMENTS THAT ARE DEFINED AS BEING SUPPLEMENTARY TO THE UNIVERSITY'S OPERATING ACTIVITIES OF EDUCATION AND RESEARCH. 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PART V #4: The investment income earned from endowment funds provide sources of funding for scholarships and bursaries and endowed chair sponsorship of faculty positions. true true true true true true true false false false false false false false false true false true Line 3 McMaster University maintains an anti-discrimination policy on its website: www.mcmaster.ca Line 6(A) McMaster University receives annual grants from the province of Ontario and the agencies of the federal government of Canada. North America 1 14710 Program Services OPERATING RESEARCH 899532122 1 14710 1 14710 899532122 899532122 North America Research 16726995 CHECK SCHOLARSHIPS North America 13982 43089763 DIRECT TRANS false true true true true false true UNIVERSITY OF COLORADO PO BOX 910238 DENVER CO 80291 846049811 501(c)(3) 274201 SUB-GRANT Syracuse University 900 S Crouse Ave SYRACUSE NY 13244 150532081 501(c)(3) 5579 SUB-GRANT VIRGINIA COMMWEALTH UNIVERSITY 1100 East Leigh Ste 3100 Richmond VA 23298 540757884 501(c)(3) 39853 SUB-GRANT UNIVERSITY OF ARKANSAS 1580 W Mitchell St Fayetteville AR 72701 716056774 501(c)(3) 5579 SUB-GRANT WILLIAM PATTERSON UNIVERSITY 358 Hamburg Turnpike Wayne NJ 07470 223160107 501(c)(3) 12006 SUB-GRANT PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO Box 415649 boston MA 02241 042103580 501(c)(3) 11956 SUB-GRANT 6 Part I - Line 2 An institutional agreement is signed between McMaster and the grantee stating that the grantee institution is responsible for following the policies, procedures and regulations of the granting agency. At a minimum, an annual statement of expenditures is provided to McMaster and is reviewed for ineligible/non-compliance issues. McMaster can require an audit at any time, if necessary. X X true true false false false false false false false false false STANLEY PORTER N/A 172226 19351 11282 202859 HERBERT SCHELLHORN N/A 155382 19213 11906 186501 ROGER COULDREY N/A 238302 23176 7626 11307 19542 299953 MARY WILLIAMS VP University Advancement 218365 21911 7626 19213 18324 285439 ALISON HOLLOWAY N/A 152974 19213 11801 183988 AKBAR PANJU N/A 335687 4782 79412 14360 434241 MOHIT BHANDARI N/A 239565 155732 14217 409514 PAUL O'BYRNE VP FACULTY OF HEALTH SCIENCES 449280 42244 17431 19213 19770 547938 ROBERT PELTON N/A 185355 10899 196254 LEHANA THABANE N/A 160358 19213 12122 191693 LEONARD WAVERMAN N/A 326133 9963 19128 355224 PATRICIA MCNIVEN N/A 12373 14410 5514 32297 RAFAEL KLEIMAN N/A 186475 7971 19213 13878 227537 MARK STEWART N/A 119151 10290 7499 4301 141241 ROBERT BAKER N/A 154630 13487 10218 178335 MICHELE GEORGE N/A 158494 19213 11714 189421 SALIM YUSUF N/A 146960 18333 251464 14902 10163 441822 Mick Bhatia N/A 309624 19213 18613 347450 Brad Coburn n/a 60340 7258 7335 74933 John Kelton N/A 434285 15981 23965 15744 489975 JONATHAN SCHERTZER N/A 133699 993 17735 11273 163700 DEBORAH SLOBODA Board Member 155274 3972 19213 12521 190980 KAREN MOSSMAN VP Research 222415 22318 7626 19213 16404 287976 DAVID FARRAR President/Board Member 270076 40651 7943 19213 17650 355533 Anne Niec N/A 171234 52213 5727 229174 Carlos Filipe N/A 160118 7971 19213 12732 200034 Deborah Martin N/A 196699 18133 7626 19213 16900 258571 David Wilkinson N/A 188308 18522 15878 222708 SUSAN SEARLES GIROUX N/A 203432 19213 13995 236640 JULIET DANIEL BOARD MEMBER 161798 17893 19213 10857 209761 ANGELO MIKROGIANAKIS N/A 129547 273060 0 5727 408334 LAURA PARKER BOARD MEMBER 140023 1589 18668 9551 169831 ELIZABETH WAY N/A 104766 474 5275 9358 119873 LIA BRONSARD BOARD MEMBER 167416 19213 12429 199058 DINA BROOKS BOARD MEMBER 187518 11995 19213 13928 232654 MELISSA C POOL BOARD MEMBER 139337 1993 10370 12110 163810 SUSAN TIGHE PROVOST/VP ACADEMIC/BOARD 238302 23912 7626 18681 16339 304860 LEAH ALLAN N/A 84033 9461 8869 102363 SUSAN GALLOWAY Board Member 133353 2421 9699 11798 157271 CLAUDIA EMERSON N/A 496227 399 19213 26595 542434 Part I Line 1a Further information regarding McMaster University's travel guidelines and travel policy can be found at the following weblinks: Travel guidelines & Policy: https://financial-affairs.mcmaster.ca/services/accounts-payable-reimbursem ents/travel-resources/ X 14 304838 Indep. Appraisal X 279243 Indep. Appraisal X 50 6777011 Closing Price X Engineering Equipment 3 200298 Indep. Appraisal X Life insurance 8 9435 Annual Premium false true false Schedule M, Part I - Number of Contributions or Items Contributed The University is reporting in Part I, Column (b), the Number of items received. For contributions of securities, the University is reporting each separate gift (rather than each share received) as an item for this purpose. PART III Line 4(D) Other program services include: Internal endowments: unrestricted contributions including unspent investment income which have been restricted by action of the Board. External endowments: external contributions, the principal of which is non-expendable pursuant to the restrictions by the donor, and income retained under the endowment capital protection policy. Externally restricted investment income to the extent it is allocated is included with deferred contributions and recognized as revenue when the related expenses are incurred. Unrestricted investment income is recognized as revenue during the period in which it is earned. Investment income from internal endowments is recorded as unrestricted revenue and transferred to internal endowments. Part VI Line 7(a) The Nominating Committee of the Board shall consider and recommend to the Board persons to be elected under Section 8(1)(b) of the 1976 Act, the membership and Chairs of Board Committees (and Vice-Chair if appropriate), Board members to serve on University / Hospital Liaison Committees, Honorary Governors, and the Chair, Vice-Chair(s), and Secretary of the Board, and such other offices as may be referred to the Committee by the Board. PART VI Line 11(B) FORM 990 IS PROVIDED TO THE CONTROLLER OF FINANCIAL AFFAIRS FOR REVIEW PRIOR TO FILING. THE CONTROLLER OF FINANCIAL AFFAIRS WILL REVIEW THE RETURN FOR ACCURACY AND COMPLETENESS. PART VI Line 15(A)&(B) THE UNIVERSITY HAS A REMUNERATION COMMITTEE WHOSE PRIMARY FUNCTION IS TO RECOMMEND TO THE BOARD POLICIES REGARDING SALARIES, WAGES, BENEFITS AND OTHER FORMS OF REMUNERATION AND TO PROVIDE ADVICE, AS NECESSARY, TO THE UNIVERSITY ADMINISTRATION ADMINISTERING SUCH POLICIES. PART VI Lines 18 & 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE VIA THE UNIVERSITY'S WEBSITE OR UPON REQUEST FROM PUBLIC. Part VII NO REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS. CERTAIN OFFICERS ARE ALSO OFFICERS/DIRECTORS OF RELATED ORGANIZATIONS BY VIRTUE OF THEIR RESPECTIVE POSITIONS AT MCMASTER UNIVERSITY. THE NUMBER OF HOURS DEVOTED TO RELATED ORGANIZATIONS' AFFAIRS ARE UNDETERMINED AS RESPONSIBILITIES ARE PERFORMED ON A NEED BASIS. Part VIII - Investment Income Description Total Related Unrelated Excluded Revenue/(Loss) Exempt Rev Business Rev Revenue/(Loss) Investment Income/(Loss) -$25,706,998 -$25,706,998 PART XI Line 9 EXTERNAL ENDOWMENT CONTRIBUTIONS: CONTRIBUTIONS: $16,434,720 PROTECTIONS OF CAPITAL: -$45,148,254 REMEASUREMENT & OTHER ITEMS: -$91,618,046 FOREIGN CURRENCY TRANSLATION: $56,720,155 Subtotal for Net Asset Changes due to External Endowment Contributions: -$120,331,580 Total NET ASSET CHANGES: -$120,331,580 FRIENDS OF MCMASTER INC 1280 MAIN STREET WEST HAMILTON ONTARIO CA L8S 4L8 136163055 SOLICITATION CA 501(C)(3) McMaster Uni true McMaster University Trust 1280 MAIN STREET WEST HAMILTON ONTARIO CA L8S 4L8 SOLICITATION CA 501(C)(7) McMaster Uni true The First Longwood Innovation Metals LP 175 Longwood Rd S Ste 105 Hamilton On CA L8P 0A1 Real Estate CA First Longwood RELATED 1309835 43330077 false 0 false 1.00000 First Longwood Warehouse Redevelopment 175 Longwood Rd S Ste 105 Hamilton On CA Bldg manageme CA First Longwood RELATED 327413 9325303 false 0 false 1.00000 The Gore District Land Trust 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Intervivos Trust CA McMaster Uni TRUST 118607 34341317 1.00000 true The Gore District Land Trustee Corp 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Bare Trustee CA The Gore Distri C-CORP 0 1 1.00000 true The First Longwood Innovation Trust 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Intervivos Trust CA McMaster Uni TRUST -1584286 51490983 1.00000 true The First Longwood Innovation Trustee Co 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Trustee Corp CA First Longwood C-CORP 0 1 1.00000 true The First Longwood Innovation GP Corp 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 General Partn CA Inn Trustee C-CORP -2575 59231 1.00000 true First Longwood Warehouse Redevelopment 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 GENERAL PARTN CA McMaster Uni PARTNERSHIP -13391 1 1.00000 true Halton Mcmaster family health centre 1221 Lakeshore Road Burlington ON CA L7S 0A1 Joint Venture CA McMaster C-CORP 0 0 0.50000 true true true true true false true false false false false true false false false false false false true false McMaster Innovation Park A 6429 Transaction Rec HALTON MCMASTER FAMILY HEALTH CTRE B 3762155 Transaction Rec KCAP MCMASTER GRAD GP INC B 13161167 Transaction Rec Friends of McMaster Inc C 8671865 Transaction Rec The Gore District Land Trust A 411449 Transaction Rec THE GORE DISTRICT LAND TRUST D 20328958 Fin. 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