Overview
What is The Royal Institution For The Advancement Of Learning?
The Royal Institution For The Advancement Of Learning, also known as McGill University, is a renowned nonprofit educational institution located at 845 Sherbrooke Street West, Montreal, Quebec, Canada, with the postal code H3A 0G4. McGill University offers a broad range of academic programs, accommodating students seeking Certificates, Diplomas, Bachelors, Masters, and Doctoral degrees. During the Fall 2022 semester, a total of 39,513 students were registered, both full-time and part-time. McGill University's activities are primarily focused on the advancement of learning and the creation and dissemination of knowledge. This mission is accomplished through conducting research and scholarly activities that meet international standards, providing excellent education, and offering services to society. The research efforts are split into two main streams: direct research grants and contracts, and infrastructure grants. The institution's commitment to education and research is backed by extensive academic facilities, which include libraries, IT services, and campus maintenance.
Official website here: www.mcgill.ca
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Royal Institution For The Advancement Of Learning has received a solid Three-Star rating from Charity Navigator, reflecting an 81% score in overall performance. This rating indicates a commendable level of accountability and financial health, highlighting the organization’s commitment to transparency and effective governance. The majority of its board members are independent, which is a positive aspect for maintaining impartial oversight.
Strengths of the organization include a high program expense ratio of nearly 93%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Furthermore, it has robust policies in place, including conflict of interest, whistleblower protections, and proper retention and destruction of documents, contributing to its strong governance framework. The financial statements are well-audited, indicating sound fiscal management.
Despite these strengths, the organization’s rating suggests that there may still be areas for improvement to achieve a higher score. While the board structure and financial health are strong, continuous efforts in enhancing public engagement and expanding program impact could further elevate its standing within the nonprofit sector. Overall, it represents a reliable choice for donors looking to support educational advancement initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Royal Institution For The Advancement Of Learning legitimate?
The Royal Institution For The Advancement Of Learning is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Royal Institution For The Advancement Of Learning submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,626,392
Professional Fundraising Fees: $458,873
Other Salaries and Wages: $590,312,145
For more financial information, click here
Official website here: www.mcgill.ca
What is the mission statement of The Royal Institution For The Advancement Of Learning?
The Royal Institution For The Advancement Of Learning is dedicated to the advancement of learning and the creation and dissemination of knowledge. This is accomplished through offering exceptional education, conducting research and scholarly activities of high international standing, and providing service to society. The institution's mission is to deliver the best possible education and contribute to the expansion of knowledge, all judged against the highest international standards. Its efforts are aimed at benefiting society through these means, drawing on the institution's academic strengths.
Official website here: www.mcgill.ca
Who is the CEO of The Royal Institution For The Advancement Of Learning?
Unavailable
Official website here: www.mcgill.ca
What is the revenue of The Royal Institution For The Advancement Of Learning?
The Royal Institution For The Advancement Of Learning's revenue in 2023 was $1,248,945,332.
Official website here: www.mcgill.ca
Who are the executives of The Royal Institution For The Advancement Of Learning and what are their salaries?
Here are 25 key members and their salaries:
- Compensation: $448,530
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- Other: $135
- Compensation: $406,591
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- Other: $12,214
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- Other: $1,679
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- Other: $13,437
- Compensation: $363,608
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- Other: $12,229
- Compensation: $323,115
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- Other: $13,168
- Compensation: $310,941
- Related: $0
- Other: $14,371
- Compensation: $310,942
- Related: $0
- Other: $13,298
- Compensation: $303,174
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- Other: $12,211
- Compensation: $259,823
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- Other: $884
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Official website here: www.mcgill.ca
Where can I find the form 990 for The Royal Institution For The Advancement Of Learning?
The Royal Institution For The Advancement Of Learning's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcgill.ca
Learn more at the official website: www.mcgill.ca
Mission Statement of The Royal Institution For The Advancement Of Learning
The Royal Institution For The Advancement Of Learning, a renowned organization, is dedicated to the advancement of learning and the creation and dissemination of knowledge. Through its research and scholarly activities, it strives to offer the best possible education and uphold international standards of excellence. The institution's mission goes beyond imparting knowledge; it aims to provide service to society in ways befitting its academic strengths.
The Royal Institution For The Advancement Of Learning's commitment to education is unwavering. It conducts research and scholarly activities that are considered excellent by international standards. By doing so, it not only expands the horizons of knowledge but also lays the foundation for the delivery of top-tier education. The institution's influence extends beyond its borders, touching lives and contributing to the global community.
In pursuit of its mission, The Royal Institution For The Advancement Of Learning offers education that is unparalleled in quality. It is a beacon of knowledge, pushing the boundaries of research and academia. Its dedication to providing service to society is evident in its commitment to maintaining the highest international standards. The institution's impact is felt far and wide, as it shapes the minds of learners and transforms the world through the dissemination of knowledge.
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Impact
October, 2024
The Royal Institution for the Advancement of Learning significantly impacts society through its commitment to education, research, and community service. By offering a comprehensive range of programs, including certificates, diplomas, bachelor's, master's, and doctoral degrees, it serves a large student body, with over 39,000 students enrolled in the Fall 2022 semester. This robust educational framework ensures the cultivation of skilled individuals equipped to contribute to various fields.
In terms of research, the institution actively engages in both direct research grants and contracts, as well as infrastructure grants, which support a wide array of scholarly activities. This emphasis on high-quality research aligns with international excellence standards, enhancing the institution's role as a leader in knowledge creation and dissemination.
Academic facilities such as libraries, IT services, and campus maintenance bolster both teaching and research functions, creating an enriched learning environment. Overall, The Royal Institution for the Advancement of Learning plays a crucial role in fostering education and innovation, ultimately benefiting society through its dedicated efforts in advancing learning.
This information is meant to be a general summary of The Royal Institution For The Advancement Of Learning. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $75,663,858
- Program Service Revenue: $370,927,309
- Gross Receipts: $1,266,069,599
Assets and Liabilities:
- Total Assets: $4,474,648,174
- Total Liabilities: $3,107,519,111
- Net Assets: $1,367,129,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Support Services
Revenue
$292,538,412
Educational support services Other schools and instruction
Revenue
$7,936,315
Food Service Contractors
Revenue
$19,705,855
Scientific research and development services
Revenue
-$1,394,169
Other activity
Revenue
-$25,183,395
Organization Details
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