2026-03-11T14:01:34-05:00 2025-04-30 KPMG LLP Suite 700 21 KING ST W HAMILTON ONTARIO CA L8P 4W7 990 2024-05-01 237213309 McMaster University % OMER AHMED MCMA 9055259140 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 SAHER FAZILAT VP-OPERATION-FINANCE 9055259140 2026-03-10 true true KATHLEEN LI P01506951 9055238200 2026-02-03 2024 2025-03-06 01:10:19Z SAHER FAZILAT 1280 MAIN ST W Hamilton Ontario CA L8S 4L8 1126613610 false X www.mcmaster.ca X UNIVERSITY 1976 CA See Schedule O - attachment 1 50 34 0 300 0 525106967 507943867 332947356 313552375 99001094 125845108 165984648 167967115 1123040065 1115308465 72102478 81140743 0 0 636581501 625703730 0 0 0 312561672 292621094 1021245651 999465567 101794414 115842898 2928683253 3062492760 1251330568 1192016363 1677352685 1870476397 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 699728120 29972740 352178744 Operating Fund -- UNRESTRICTED GENERAL REVENUES AND EXPENSES THAT ARE DIRECTLY RELATED TO THE MISSION OF THE UNIVERSITY, EDUCATION AND ACTIVITIES SUPPORTING RESEARCH. 177885222 41674319 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. 67168580 67147776 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. ANCILLARY OPERATIONS ARE SELF-SUSTAINING. 43434003 9492109 62192970 988215925 true true false false false false false true false true true false false false true false true false true true true true true false false false false true false true false false false true false false false false true true false false false true true true false false true 0 0 0 false true CA false false false false false false false false false false X 50 34 false false false false false true false true true false false false true true false true true true true true true X X OMER AHMED 9055259140 1280 Main St W Hamilton Ontario CA L8S 4L8 X DAVID FARRAR PRESIDENT/VICE-CHANCELLOR 40.0 0.0 X X 379418 0 19871 CLAUDIA EMERSON Professor 40.0 0.0 X 343140 0 35173 SALIM YUSUF Professor 40.0 0.0 X 360210 0 8351 PAUL O'BYRNE VP FACULTY OF HEALTH SCIENCES 40.0 0.0 X 340753 0 18473 SUSAN TIGHE PROVOST/VP ACADEMIC/BOARD 40.0 0.0 X X 324038 0 34251 MOHIT BHANDARI Chair, Department of Surgery 40.0 0.0 X 321708 0 13414 Mick 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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 16195 Program Services OPERATING RESEARCH 988215925 1 16195 1 16195 988215925 988215925 North America Research 34024264 Check SCHOLARSHIPS North America 14067 46689415 Direct Trans false true true true true false true UNIVERSITY OF COLORADO PO BOX 910238 DENVER CO 802910238 840644739 501(c)(3) 130406 SUB-GRANT Syracuse University 900 S Crouse Avenue SYRACUSE NY 13244 150532081 501(c)(3) 5022 SUB-GRANT UNIVERSITY OF ARKANSAS 1 University of Arkansas Fayetteville AR 72701 716003252 501(c)(3) 5022 SUB-GRANT Purdue University 610 Purdue Mall West Lafayette IN 47907 366002041 501(c)(3) 19152 SUB-GRANT University of New YorkBuffalo 35 State Street Albany NY 122072826 141368361 501(C)(3) 44835 SUB-GRANT University of Kansas Medical Center 2060 W 39th Ave Kansas City KS 66103 481108830 501(C)(3) 215391 SUB-GRANT University of Iowa 101 Jessup Hall Iowa City IA 52242 426004813 501(C)(3) 6385 SUB-GRANT 7 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 111360 9656 9729 130745 MOHIT BHANDARI Chair, Department of Surgery 321708 13414 335122 PAUL O'BYRNE VP FACULTY OF HEALTH SCIENCES 293944 39946 6863 18473 359226 LEONARD WAVERMAN Professor 296824 16794 313618 SALIM YUSUF Professor 341559 18651 8351 368561 DAVID FARRAR PRESIDENT/VICE-CHANCELLOR 323567 48702 7149 19871 399289 DINA BROOKS BOARD MEMBER 193312 7174 17047 12916 230449 SUSAN TIGHE PROVOST/VP ACADEMIC/BOARD 288251 28924 6863 15830 18421 358289 CLAUDIA EMERSON Professor 343140 15830 19343 378313 SAHER FAZILAT VP - OPERATIONS AND FINANCE 250933 25179 6863 11488 19711 314174 BRENDA VRKLJAN Board Member 143570 15387 8744 167701 Andrea Beth Thyret-kidd Secretary of the Board 143909 4835 5543 14738 12543 181568 Andy Knights Acting VP Research 244008 25180 6863 15830 15086 306967 Saara Greene Board Member 144785 15100 10848 170733 Catherine Anderson Board Member 141898 14970 10801 167669 Lili Litwin VP University Advancement 196528 19720 6882 12661 14518 250309 Jeremiah Hurley Acting Provost and VP-Academic 230928 21245 15830 14557 282560 Sue McCracken Board Member 190750 15830 12821 219401 Mick Bhatia Professor 296723 15830 17362 329915 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. 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"). Compensation may be reviewed by the Human Resources Committee of the Board in accordance with its Terms of Reference during the term of 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 347524 false true true 347524 X 2 545 Indep. Appraisal X 319311 Indep. Appraisal X 58 4259615 Closing Price X Engineering Equipment 3 1721 Indep. Appraisal X Life insurance 5 2615 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) $125,845,108 $125,845,108 PART XI - LINE 9 - OTHER CHANGES IN NET ASSETS EXTERNAL ENDOWMENT CONTRIBUTIONS: CONTRIBUTIONS $ 12,801,187 PROTECTION OF CAPITAL $ 26,941,790 REMEASUREMENTS & OTHER ITEMS $ 44,479,438 Total NET ASSETS CHANGES $ 84,222,415 In addition fx adjustment resulting from conversion of CAD amounts to USD amounts for 990 reporting is included here. 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