2025-03-13T09:37:46-04:00 2024-04-30 KPMG LLP Suite 700 21 KING ST W HAMILTON ONTARIO CA L8P 4W7 990 2023-05-01 237213309 McMaster University % OMER AHMED MCMA 9055259140 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 SAHER FAZILAT VP-OPERATION-FINANCE 9055259140 2025-01-14 true true KATHLEEN LI P01506951 9055238200 2025-01-14 2023 2025-03-06 01:10:19Z SAHER FAZILAT 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 1134875683 false X www.mcmaster.ca X UNIVERSITY 1976 CA See Schedule O - attachment 1 36 20 0 300 0 496380497 525106967 340646351 332947356 82687983 99001094 137383229 165984648 1057098060 1123040065 61496776 72102478 0 0 589257030 636581501 0 0 0 293824327 312561672 944578133 1021245651 112519927 101794414 2832716158 2928683253 1420885992 1251330568 1411830166 1677352685 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 717473896 30124417 363461369 Operating Fund -- UNRESTRICTED GENERAL REVENUES AND EXPENSES THAT ARE DIRECTLY RELATED TO THE MISSION OF THE UNIVERSITY, EDUCATION AND ACTIVITIES SUPPORTING RESEARCH. 181044212 31764052 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. 65655040 0 67139895 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. SUCH SALES MAY BE MADE TO THE UNIVERSITY COMMUNITY AND/OR EXTERNAL CLIENTS. 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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 16213 Program Services OPERATING RESEARCH 1007973785 1 16213 1 16213 1007973785 1007973785 North America Research 25993799 Check SCHOLARSHIPS North America 14647 45645764 Direct Trans false true true true true false true UNIVERSITY OF COLORADO PO BOX 910238 DENVER CO 802910238 840644739 501(c)(3) 61383 SUB-GRANT University of Illinois 28392 Network Place Chicago IL 606731283 376000511 501(c)(3) 24306 sub-grant Syracuse University 119 Browne Hall SYRACUSE NY 132441140 150532081 501(c)(3) 5184 SUB-GRANT UNIVERSITY OF ARKANSAS 1200 President Clinton Ave Little Rock AR 72201 716003252 501(c)(3) 5184 SUB-GRANT University of Wisconsin 777 E Wisconsin Ave Milwaukee WI 53202 390743975 501(c)(3) 19329 SUB-GRANT UTAH STATE UNIVERSITY PO Box 35146 Seattle WA 981245146 876000545 501(c)(3) 20398 SUB-GRANT Texas A&M Engineering Experiment Station 3124 TAMU College Station Texas TX 77843 741974733 501(c)(3) 11220 Sub-Grant Emory University 1599 Clifton Road Atlanta GA 30322 580566256 501(C)(3) 31690 SUB-GRANT University of New YorkBuffalo 35 State Street Albany NY 122072826 141368361 501(C)(3) 46286 SUB-GRANT University of Maryland - College Park 4101 Chsepeake Bldg College Park MD 20742 526002033 501(C)(3) 71540 SUB-GRANT NewYorkInstitute of Technology 1700-701 W Georgia St Vancouver BC CA V7Y 1K8 111788788 501(C)(3) 32666 SUB-GRANT WALTER REED ARMY INSTITUTE OF RESEARCH 503 Robert Grant Ave Silver Spring MD 20910 501(C)(3) 61296 SUB-GRANT Duke University PO Box 910238 Denver CO 802910238 560532129 501(C)(3) 72433 SUB-GRANT 13 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 X false false false false false false false false false ROGER COULDREY Former VP-Adminsitration 221413 273 11533 16452 249671 MOHIT BHANDARI Chair, Department of Surgery 468210 13801 482011 PAUL O'BYRNE VP FACULTY OF HEALTH SCIENCES 301721 38780 7085 18568 366154 LEONARD WAVERMAN Professor 303019 17291 320310 SALIM YUSUF Professor 354269 19644 11704 8413 394030 John Kelton Professor 284147 18160 14558 316865 KAREN MOSSMAN VP Research 240261 23847 21897 16624 17398 320027 DAVID FARRAR President/Vice-Chancellor 294496 43435 7380 18574 363885 Deborah Martin Acting VP Univ. Advancement 191565 20221 27451 16624 17401 273262 DINA BROOKS BOARD MEMBER 200302 16624 13063 229989 SUSAN TIGHE PROVOST/VP ACADEMIC/BOARD 260264 25550 7085 16624 17216 326739 SUSAN GALLOWAY Board Member 140187 10275 11647 162109 CLAUDIA EMERSON Professor 347428 16624 19809 383861 SAHER FAZILAT VP - OPERATIONS AND FINANCE 254634 25550 7085 17414 20061 324744 BRENDA VRKLJAN Board Member 142833 16094 8878 167805 Andrea Beth Thyret-kidd Secretary of the Board 129135 13205 11027 153367 Andy Knights Acting VP Research 211735 3406 17234 12224 244599 Saara Greene Board Member 143066 15541 10883 169490 Catherine Anderson Board Member 137822 15346 10816 163984 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/ Part I Line 3 Remuneration Review. Your compensation is subject to compensation restraint legislation, including Part IV.1 of the Broader Public Sector Accountability Act, 2010, SO 2010, c 25 and the Broader Public Sector Executive Compensation Act, 2014, SO 2014, c 13, Sch 1, and related regulations, as amended from time to time (collectively, "Compensation Restraint Laws"). Your compensation may be reviewed by the Human Resources Committee of the Board in accordance with its Terms of Reference during the term of your Appointment to the extent permitted under Compensation Restraint Laws. In the event that Compensation Restraint Laws are substantially amended during the Appointment, the terms this Agreement will be reviewed and mutually acceptable adjustments, compliant with amended Compensation Restraint Laws, may be negotiated at that time. Restraint Laws, may be negotiated at that time David Farrar President Housing Loan X 368243 349192 false true true 349192 X 5 99234 Indep. Appraisal X 380049 Indep. Appraisal X 49 4246709 Closing Price X Engineering Equipment 3 28480 Indep. Appraisal X Life insurance 6 3515 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 END 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 Supplemental Information to Form 990 or 990-EZ OMB No. 1545-0047 SCHEDULE 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), HONORARY GOVERNORS, AND THE CHAIR, VICE-CHAIR(S), AND UNIVERSITY SECRETARY 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 IN IMPLEMENTING AND 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/(LOSS) Description Total Related Unrelated Excluded Revenue/(Loss) Exempt Rev Business Rev Revenue/(Loss) Investment Income/(Loss) $99,001,094 $99,001,094 PART XI - LINE 9 - OTHER CHANGES IN NET ASSETS EXTERNAL ENDOWMENT CONTRIBUTIONS: CONTRIBUTIONS $ 24,032,437 PROTECTION OF CAPITAL $ 17,042,879 REMEASUREMENTS & OTHER ITEMS $ 144,996,667 Total NET ASSETS CHANGES $ 186,071,984 In addition fx adjustment resulting from conversion of CAD amounts to USD amounts for 990 reporting is included here. 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 1384476 39955033 false 0 false 1.00000 First Longwood Warehouse Redevelopment 175 Longwood Rd S Ste 105 Hamilton On CA L8P 0A1 Bldg manageme CA First Longwood RELATED 1389087 19227197 false 0 false 1.00000 KCAP Hamilton Grad LP 175 Longwood Rd S Ste 105 HAMILTON ON CA L8P 0A1 REAL ESTATE CA MCMASTER RELATED 87693561 false false 0.50000 1000352106 Limited Partnership 175 Longwood Rd S Ste 105 HAMILTON ON CA L8P 0A1 REAL ESTATE CA MCMASTER RELATED 10069327 false false 1.00000 The Gore District Land Trust 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Intervivos Tr CA McMaster Uni TRUST 59252 41483525 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 1 1.00000 true The First Longwood Innovation Trust 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 Intervivos Tr CA McMaster Uni TRUST -4664805 74886029 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 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 -805 111315 1.00000 true First Longwood Warehouse Redevelopment 175 Longwood Rd S Ste 105 Hamilton Ontario CA L8P 0A1 GENERAL PARTN CA McMaster Uni PARTNERSHIP -16500 1 1.00000 true Halton Mcmaster family health centre 1221 Lakeshore Road Burlington ON CA L7S 0A1 Joint Venture CA McMaster C-CORP 0.50000 true MCMASTER MSF HOLDINGS INC 1221 Lakeshore Road Burlington ON CA L7S 0A1 RESEARCH CONS CA MCMASTER UNI 1.00000 true true true true true false true false false false false true false false false false false false true false McMaster Innovation Park A 23672 Transaction Rec Friends of McMaster Inc C 1132997 Transaction Rec The Gore District Land Trust A 43694 Fin. Statements THE GORE DISTRICT LAND TRUST A 515411 Fin. Statements THE GORE DISTRICT LAND TRUST F 43881 Fin. Statements THE FIRST LONGWOOD INNOVATION TRUST A -778977 Fin. Statements THE FIRST LONGWOOD INNOVATION TRUST K 1137667 Fin. Statements THE FIRST LONGWOOD INNOVATION TRUST R 59727 Fin. Statements THE FIRST LONGWOOD INNOVATION TRUST A 39978 Fin. Statements THE FIRST LONGWOOD INNOVATION TRUST B 5283270 Fin. Statements FIRST LONGWOOD WAREHOUSE REDEVELOPMENT LP K 2659262 Transaction Rec 1000352106 Limited Partnership B 10533215 Fin. Statements 1000352106 Limited Partnership D 19434745 Fin. Statements MCMASTER MSF HOLDINGS INC D -586352 Fin. Statements Part IV - Identification of Related Organizations Taxable as a Corporation The Gore District Land Trust 43,881 30,178,616 The Gore District Land Trustee Corp 0 1 The First Longwood Innovation Trust -3,454,643 54,478,415 The First Longwood Innovation Trustee 0 1 The First Longwood Innovation GP Corp -596 80,980 First Longwood Warehouse Redevelopment -12,220 1 Halton McMaster Family Health Centre 0 0 McMaster MSF Holdings Inc. 0 0 First Longwood Warehouse Redevelopment -12,220 1 Halton McMaster Family Health Centre 0 0 McMaster MSF Holdings Inc. 0 0 McMaster MSF Holdings Inc. 0 0