Consolidated Revenue

CONSOLIDATED REVENUE*

The following section represents the actual revenue for the 2013/14 operating year. This is different from budget numbers, which project future revenue.

*Consolidated revenue figures capture both Vancouver and Okanagan.

A. Restricted Fund Revenue

$580 M

B. Operating Fund Revenue

$1,545 M

CONSOLIDATED REVENUE BREAKDOWN

RESTRICTED FUND REVENUE

These revenues must be spent for the specific purposes for which they were received and cannot be spent on operating expenses. Within these funds, the total revenue reported equals the amount actually spent in 2013/14.

Grants from government and other agencies, corporations and NGOs to be used for specific research purposes. An example would be funding from the Tri-Council Agencies, made up of the Canadian Institutes of Health Research (CIHR), the Natural Sciences and Engineering Research Council of Canada (NSERC) and the Social Sciences and Humanities Research Council (SSHRC).

Diverse range of funding sources and uses unrelated to research and endowment. This includes revenue received from government, corporations, NGOs, donors and other sources which is restricted for particular purposes, for example the Ministry of Health funding for medical residents and direct student awards.

Donations received by the university that are held in trust for perpetuity, meaning we do not spend the principal. Instead, we invest the principal and use the income for the purposes specified by the donors. For more information, please see endowment.

OPERATING FUND REVENUE

Provides nearly all of the money for day-to-day expenses for teaching and operations. This fund also includes some support for research.


The annual provincial operating grant.

Student tuition and fees, comprising $260 M from domestic students and $127 M from international students.

Revenue from services provided on campus, including student housing, food services, the bookstore and parking.

Billings by Faculties to cover extra costs, for example, the cost of clinical faculty in the Faculty of Medicine.

Interest earned on cash balances held by the University.

Contributions from corporations and foundations to cover a portion of the University’s indirect costs of research, plus the Federal grant to cover a portion of indirect costs associated with Tri-Council research.

 

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