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Nonprofiteer
← SIMON FRASER UNIVERSITY

Form 990 for tax year 2024

Filed by SIMON FRASER UNIVERSITY.

Totals

Total revenue
$709,067,336
Total expenses
$704,535,102
Contributions and grants received
$296,529,560
Grants paid
$43,196,884
Program service revenue
$354,005,102
Investment income
$38,723,030
Other revenue
$19,809,644
Total assets, end of year
$2,220,493,813
Total liabilities, end of year
$1,253,858,553
Net assets or fund balances, end of year
$966,635,260
Program services expenses (Part IX)
$595,046,681
Management and general expenses
$102,534,741
Fundraising expenses
$6,953,678
Program service expenses (Part III)
$595,046,681

Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $268,237,538

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $28,292,022

  • 1g · Noncash contributions included above

    $9,638,524

  • 2a · Program service revenue: Post Secondary Education

    total $213,658,285 · related or exempt $213,658,285 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Research Revenue

    total $82,007,514 · related or exempt $82,007,514 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Ancillary Revenue

    total $35,554,677 · related or exempt $35,554,677 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $22,784,626 · related or exempt $22,784,626 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $38,705,320 · related or exempt $38,705,320 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $162,583 · related or exempt $162,583 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $17,710

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $17,710

  • 7d · Net gain or loss

    total $17,710 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Amortization of Deferred Capital

    total $19,647,061 · related or exempt $19,647,061 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $19,647,061

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $43,196,884 · program services $43,196,884

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $5,568,748 · program services $3,219,642 · management and general $2,115,545 · fundraising $233,561

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $374,605,717 · program services $317,293,325 · management and general $52,578,401 · fundraising $4,733,991

  • 8 · Pension plan contributions

    total $33,596,288 · program services $28,515,683 · management and general $4,660,948 · fundraising $419,657

  • 9 · Other employee benefits

    total $50,129,753 · program services $41,297,612 · management and general $8,038,729 · fundraising $793,412

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $17,818,770 · program services $12,994,242 · management and general $4,602,025 · fundraising $222,503

  • 11b · Fees: legal

    total $2,978,323 · program services $2,978,323 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $163,122 · program services $0 · management and general $163,122 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $2,841,245 · program services $0 · management and general $2,841,245 · fundraising $0

  • 11g · Fees: other

    total $1,282,095 · program services $1,117,459 · management and general $128,854 · fundraising $35,782

  • 12 · Advertising and promotion

    total $1,375,623 · program services $1,040,101 · management and general $330,873 · fundraising $4,649

  • 13 · Office expenses

    total $35,738,361 · program services $32,715,510 · management and general $2,770,465 · fundraising $252,386

  • 14 · Information technology

    total $7,486,347 · program services $7,486,347 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $195,124 · program services $0 · management and general $195,124 · fundraising $0

  • 16 · Occupancy

    total $41,700,641 · program services $25,334,101 · management and general $16,258,836 · fundraising $107,704

  • 17 · Travel

    total $11,739,708 · program services $10,945,724 · management and general $656,656 · fundraising $137,328

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $13,223,395 · program services $6,016,772 · management and general $7,193,918 · fundraising $12,705

  • 20 · Interest

    total $7,792,952 · program services $7,792,952 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $48,990,934 · program services $48,990,934 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $2,593,772 · program services $2,593,770 · management and general $0 · fundraising $0

  • 24a · Other expenses: Cost of Goods Sold

    total $1,517,300 · program services $1,517,300 · management and general $0 · fundraising $0

  • 24b · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $36,221,412 · end of year $16,947,187

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $3,553,742 · end of year $7,042,427

  • 4 · Accounts receivable

    beginning of year $65,623,287 · end of year $64,062,526

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $868,209 · end of year $801,797

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,571,440 · end of year $5,550,570

  • 10a · Land, buildings and equipment: cost or other basis

    $1,585,982,674

  • 10b · Land, buildings and equipment: accumulated depreciation

    $400,919,854

  • 10c · Land, buildings and equipment, net

    beginning of year $1,137,375,518 · end of year $1,185,062,820

  • 11 · Investments: publicly traded securities

    beginning of year $832,176,889 · end of year $848,130,662

  • 12 · Investments: other securities

    beginning of year $14,460,094 · end of year $13,647,261

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $82,664,074 · end of year $79,248,563

  • 17 · Accounts payable and accrued expenses

    beginning of year $128,277,070 · end of year $109,800,482

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $855,308,031 · end of year $930,588,864

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $149,848,011 · end of year $142,029,509

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $71,078,105 · end of year $71,439,698

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $974,003,448 · end of year $966,635,260

Mission and programs · 2024

Mission

SFUs mission is to advance knowledge through teaching research and engagement with the community. We are an open inclusive university whose foundation is intellectual and academic freedom. Our scholarship unites teaching and research: we celebrate discovery diversity and dialogue. Our students and communities can expect teaching that is personal and learning opportunities that are lifelong. We champion the liberal arts and sciences and pioneering interdisciplinary and professional programs. We are a university where risks can be taken and bold initiatives embraced. Upon these foundations we will engage all our communities in building a robust and ethical society.

Activities or mission (Part I)

SFUs mission is to advance knowledge through teaching researching and engagement with the community. We are an open inclusive university whose foundation is intellectual and academic freedom. Our scholarship unites teaching and research; we celebrate discovery diversity and dialogue. Our students and communities can expect teaching that is personal and learning opportunities that are lifelong. We champion the liberal arts and sciences and pioneering interdisciplinary and professional programs. We are a university where risks can be taken and hold initiatives embraced. Upon these foundations we will engage all our communities in building a robust and ethical society.

  • Post Secondary Education Teaching: Delivery of Academic courses to students enrolled in Undergraduate Master and Doctorate programs as well as distance education and non-credit courses offered through Life-Long Learning. Number of students enrolled in our fiscal year April 1 2024 through March 31 2025 29,001 Undergraduates; 5,074 Graduates; including 6,927 International Students in total. Degrees awarded in the 2024 calendar year: 5,019 Bachelor; 1,253 Master; 170 PHD; 863 Other Grad Certificates and Diplomas

    Expenses $436,943,936 · Grants $34,010,280 · Revenue $213,658,285

  • Research: At SFU Research Matters its an essential component of SFUs mission and also a major instructional activity as faculty work closely with graduate and undergraduate students in a wide variety of research settings including the Library laboratories computer facilities and studios. Research collaborations extend far beyond our campuses to include many projects conducted jointly with business and industry community organizations and agencies in all levels of government. SFU researchers are establishing or strengthening programs in areas facing the most pressing social demand including international studies urban growth management public policy analysis and health sciences.

    Expenses $95,662,510 · Grants $852,612 · Revenue $82,007,514

  • Ancillary Services: The University provides goods and services with a student and community focus. Examples of such services include: student residences bookstore printing parking food meetings and events. In 2024 2025 these services were delivered internally alone to 29,001 Undergrad students 5,074 Grad students 3,716 full time faculty & staff and 2,396 part time faculty & staff

    Expenses $20,238,594 · Revenue $35,554,677

  • Other program services include Specific Purpose Funds: Typically these programs are funded by grants and contracts from external sponsors donors various levels of government and endowment investment income attributed for spending. Expenditures include scholarships bursaries community services and other teaching priorities. Funds are often designated for the acquisition of buildings furniture and equipment including major renovations.

    Expenses $42,201,641 · Grants $8,333,992 · Revenue $22,784,626

As filed on the 2024 return.

Listed in Part VII

  • Joy Johnson

    President Vice - Chancellor

    Total calculated
    $329,738
    From this org
    $0
    From related orgs
    $0
    Other
    $329,738
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $329,738
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $329,738
  • Rassier Dilson Etcheverry

    Vice President - Academic Provost

    Total calculated
    $287,434
    From this org
    $0
    From related orgs
    $0
    Other
    $287,434
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $287,434
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $287,434
  • Goddyn Luis

    Professor

    Total calculated
    $277,596
    From this org
    $0
    From related orgs
    $0
    Other
    $277,596
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $277,596
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $277,596
  • Fiume Eugene Lucas

    Professor

    Total calculated
    $264,197
    From this org
    $0
    From related orgs
    $0
    Other
    $264,197
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $264,197
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $264,197
  • Pochurko Martin

    Former VP- Finance Administration

    Total calculated
    $260,056
    From this org
    $0
    From related orgs
    $0
    Other
    $260,056
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $260,056
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $260,056
  • Price David

    Professor

    Total calculated
    $257,034
    From this org
    $0
    From related orgs
    $0
    Other
    $257,034
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $257,034
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $257,034
  • Reo Nicholas James

    Professor

    Total calculated
    $256,151
    From this org
    $0
    From related orgs
    $0
    Other
    $256,151
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $256,151
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $256,151
  • Kaida Angela Kanana

    Professor

    Total calculated
    $251,961
    From this org
    $0
    From related orgs
    $0
    Other
    $251,961
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $251,961
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $251,961
  • Gemino Andrew

    Assoc Dean Beedie Business School

    Total calculated
    $250,118
    From this org
    $0
    From related orgs
    $0
    Other
    $250,118
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $250,118
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $250,118
  • Griffith Terri Lynn

    Professor

    Total calculated
    $233,470
    From this org
    $0
    From related orgs
    $0
    Other
    $233,470
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $233,470
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $233,470
  • O'Neil Dugan Clive

    Vice President - Research and International

    Total calculated
    $229,746
    From this org
    $0
    From related orgs
    $0
    Other
    $229,746
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $229,746
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $229,746
  • Yabome Gilpin-Jackson

    Vice President - PEI

    Total calculated
    $225,674
    From this org
    $0
    From related orgs
    $0
    Other
    $225,674
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $225,674
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $225,674
  • Curry Joanne

    Former VP- External Relations

    Total calculated
    $211,642
    From this org
    $0
    From related orgs
    $0
    Other
    $211,642
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $211,642
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $211,642
  • Morantz Erin Lori

    VP Advancement Alumni Engagement

    Total calculated
    $207,307
    From this org
    $0
    From related orgs
    $0
    Other
    $207,307
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $207,307
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $207,307
  • Daniel Leznoff

    Faculty Member

    Total calculated
    $166,758
    From this org
    $0
    From related orgs
    $0
    Other
    $166,758
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $165,506
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $165,506
  • Former VP- Academic Provost

    Parkhouse Wade

    Total calculated
    $165,506
    From this org
    $0
    From related orgs
    $0
    Other
    $165,506
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $150,097
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,097
  • Collard Mark

    Professor

    Total calculated
    $150,097
    From this org
    $0
    From related orgs
    $0
    Other
    $150,097
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $110,741
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $110,741
  • Hanna Carolyn

    Professor

    Total calculated
    $110,741
    From this org
    $0
    From related orgs
    $0
    Other
    $110,741
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $4,180
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $4,180
  • Harding Jon

    Former VP- Finance Administration

    Total calculated
    $4,180
    From this org
    $0
    From related orgs
    $0
    Other
    $4,180
    Hours/week
    0 + 40 related
  • Vrooman Tamara

    Chancellor

    Total calculated
    $0
    Hours/week
    0 + 6 related
  • Basra Kamal

    Alumni Order in Council

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Emmanuel Adegboyega

    Alumni Order in Council

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Sahota Neelam

    Order in Council

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Herbert Carol

    Order in Council

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Gregory Malpass

    Order in Council

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Martin Paula

    Board Chair

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Michael McDonald

    Deputy Board Chair

    Total calculated
    $0
    Hours/week
    0 + 3 related
  • Gervais Collin

    Graduate Student Member

    Total calculated
    $0
    Hours/week
    0 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I & Part II
| PartandLinenumber:,Explanation:| Part I Line 1,Description: President of the University - Housing allowance personal services: the president receives use of a residence with house-keeping services|

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 February 2026
IRS schema version
2024v5.1
Source object
202640479349300609

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.