Public Financial Information, 2015–2018

As noted previously, Tyndale University College & Seminary and the Tyndale Foundation are required to file information returns with the Canada Revenue Agency every year. Below are the numbers as of April 30, 2018. Collected data for 2011–2014 is available here. This information is publicly accessible on the CRA website for charities and giving.

One trend that may be worth watching for Tyndale University College & Seminary is that while “Total revenue” and also “Management and administration” expenses are trending up, “Total compensation” is trending down.

Since almost all donations to Tyndale go through the Tyndale Foundation, it is also worth noting that the Foundation’s “Total revenue” is down 41% from 2015.

Tyndale University College & Seminary

  2015 2016 2017 2018
Revenue:        
Receipted donations $5,906 (0%) $2,016 (0%) $903 (0%) $3,416 (.01%)
Non-receipted donations $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts from other charities $5,062,769 (25%) $7,006,995 (32%) $5,336,492 (25%) $5,847,867 (24%)
Government funding $0 (0%) $0 (0%) $0 (0%) $0 (0%)
All other revenue $14,867,626 (75%) $14,610,491 (68%) $16,295,968 (75%) $17,912,529 (75%)
Total revenue $19,936,3015 $21,619,502 $21,633,363 $23,763,812
         
Expenses:        
Charitable program $16,000,998 (78%) $15,150,210 (71%) $14,691,592 (69%) $15,032,441 (72%)
Management and administration $4,542,627 (22%) $6,322,701 (29%) $6,450,475 (31%) $5,904,506 (28%)
Fundraising $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Other $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Total expenses $20,543,625 $21,472,911 $21,142,067 $20,936,947
         
Total compensation for all positions $11,128,802 $10,719,914 $10,036,513 $10,765,201
—Full-time employees 142 127 116 110
—Part-time employees 100 77 92 95
Professional and consulting fees $794,177 $1,073,217 $1,179,444 $1,321,148
Ten highest compensated full-time positions        
—$120,000–$159,999 2 2 2 3
—$80,000–$119,999 8 8 8 7
—$40,000–$79,999        
—Less than $40,000        

The Tyndale Foundation

  2015 2016 2017 2018
Revenue:        
Receipted donations $3,786,268 (45%) $2,160,146 (36%) $2,144,894 (44%) $2,702,027 (31%)
Non-receipted donations $452,271 (5%) $1,149,616 (19%) $94,496 (2%) $87,279 (1%)
Gifts from other charities $3,030,009 (36%) $2,211,020 (37%) $1,566,886 (32%) $5,446,388 (62%)
Government funding $0 (0%) $0 (0%) $0 (0%)  
All other revenue $1,280,862 (15%) $919,925 (15%) $1,109,279 (23%) $530,471.00 (6%)
Total revenue $8,368,113 $5,962,920 $4,915,555 $8,766,165
         
Expenses:        
Charitable program $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Management and administration $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Fundraising $0 (0%) $602,488 (10%) $557,995 (13%) $1,165,784 (24%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $5,713,085 (86%) $5,419,518 (90%) $3,665,188 (87%) $3,621,650 (76%)
Other $936,248 (14%) $0 (0%) $0 (0%) $0 (0%)
Total expenses $6,649,333 $6,022,006 $4,223,183 $4,787,434
         
Total compensation for all positions $261,353 $278,808 $304,216 $299,609
—Full-time employees 6 4 4 4
—Part-time employees 3 3 3 3
Professional and consulting fees $472,239 $160,174 $106,132 $520,729
Ten highest compensated full-time positions        
—$120,000–$159,999        
—$80,000–$119,999 1      
—$40,000–$79,999 4 3 3 3
—Less than $40,000 1 1 1 1

University of Chicago's Statement on Free Expression

In 2012 the University of Chicago’s Committee on Freedom of Expression released their “Statement on Principles of Free Expression.” This statement is worth reading and considering how these principles can be applied to discussions of academic freedom/free expression at Tyndale.

You can find the statement here.

2015 Update to Tyndale’s Public Financials

As we pointed out last month, Tyndale University College & Seminary and the Tyndale Foundation are required to file information returns with the the Canada Revenue Agency every year. Updated numbers for 2015 have just appeared, and are reproduced below alongside numbers from the previous three years.

Tyndale University College & Seminary, 2012–2015

  2012 2013 2014 2015
Revenue:        
Receipted donations $6,917 (0%) $2,381 (0%) $2,286 (0%) $5,906 (0%)
Non-receipted donations $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts from other charities $6,761,829 (35%) $6,412,282 (29%) $6,046,871 (29%) $5,062,769 (25%)
Government funding $94,256 (0%) $848,309 (4%) $0 (0%) $0 (0%)
All other revenue $12,372,881 (64%) $14,878,844 (67%) $14,733,348 (71%) $14,867,626 (75%)
Total revenue $19,235,883 $22,141,816 $20,782,505 $19,936,301
         
Expenses:        
Charitable program $13,866,341 (86%) $14,801,204 (86%) $15,790,913 (82%) $16,000,998 (78%)
Management and administration $2,291,853 (14%) $2,495,348 (14%) $3,572,386 (18%) $4,542,627 (22%)
Fundraising $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Other $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Total expenses $16,158,194 $17,296,552 $19,363,299 $20,543,625
         
Total compensation for all positions $10,089,164 $10,597,808 $10,691,469 $11,128,802
—Full-time employees 143 137 142 142
—Part-time employees 90 82 107 100
Professional and consulting fees $727,808 $820,720 $828,975 $794,177
Ten highest compensated full-time positions        
—$120,000–$159,999 2 2 2 2
—$80,000–$119,999 8 8 8 8
—$40,000–$79,999        
—Less than $40,000        

The Tyndale Foundation, 2012–2015

  2012 2013 2014 2015
Revenue:        
Receipted donations $3,764,188 (45%) $2,639,919 (43%) $2,782,544 (30%) $3,786,268 (44%)
Non-receipted donations $77,760 (1%) $75,075 (1%) $105,212 (1%) $452,271 (5%)
Gifts from other charities $4,158,879 (50%) $2,536,109 (41%) $5,094,581 (55%) $3,030,009 (35%)
Government funding $0 (0%) $0 (0%) $0 (0%) $0 (0%)
All other revenue $275,496 (3%) $916,674 (15%) $1,363,881 (15%) $1,280,862 (15%)
Total revenue $8,276,323 $6,167,777 $9,346,218 $8,549,410
         
Expenses:        
Charitable program $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Management and administration $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Fundraising $465,691 (6%) $563,624 (6%) $660,206 (7%) $0 (0%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $7,720,257 (94%) $8,662,301 (94%) $8,220,147 (93%) $5,713,085 (86%)
Other $0 (0%) $0 (0%) $0 (0%) $936,248 (14%)
Total expenses $8,185,948 $9,225,925 $8,880,353 $6,649,333
         
Total compensation for all positions $234,582 $289,142 $325,457 $261,353
—Full-time employees 4 6 6 6
—Part-time employees 8 3 3 3
Professional and consulting fees $90,010 $90,521 $152,383 $472,239
Ten highest compensated full-time positions        
—$120,000–$159,999        
—$80,000–$119,999 1 1 1 1
—$40,000–$79,999 1 4 4 4
—Less than $40,000 2 1 1 1

Board Meetings are Open to the Public

One week ago the President of Tyndale University College & Seminary announced that “a time for strategic visioning” had been mandated by the Board of Governors. All who have an interest in Tyndale’s future will therefore want to pay careful attention to decisions taken by the Senior Administration and Board of Governors at this time. This obviously includes, but is not limited to, all current employees of Tyndale University College & Seminary.

TUCFA particularly encourages Faculty members to take careful notes, to give input as appropriate, and to participate fully in any and all processes that bear on the school’s “strategic visioning.”

In particular, TUCFA encourages all Faculty to attend today’s Annual General Meeting (AGM) of the Corporation and Board of Governors. The meeting is scheduled for Wednesday, 25 November 2015, from 4:00 to 8:00 PM and is open to the public from 4:00 to 5:00 PM. It will be held in the B. Stiller Boardroom unless a larger venue is announced.

As a reminder, the Tyndale University College and Seminary Act of 2003, which gives Tyndale royal assent to offer its degrees, stipulates that “meetings of the board of governors shall be open to the public and prior notice of the meetings shall be given to the governors and to the public.” Further, “no person shall be excluded from a meeting except for improper conduct as determined by the board of governors.”

The Board Chair does have the right to declare “part of the meeting” confidential, and the agenda for today’s meeting states that committee reports from 5:00 PM are to be in camera. However, hospitality is available from 3:30 PM, so there is a window of opportunity become familiar with Tyndale’s current Board members, and to audit seven motions of the AGM. The President is also scheduled to give an open report to the Board.

Open Agenda for Today’s AGM

  1. Call to Order & Chair’s Remarks (4:00-4:05 PM)

  2. Devotional and Prayer – Gary Nelson (4:05-4:15 PM)

  3. Motions (4:15-4:30 PM)

    • Motion #1 Re: Agenda
    • Motion #2 Re: Minutes
    • Motion #3 Re: Members
    • Motion #4 Re: Honorary Members
    • Motion #5 Re: Officers of the Corporation
    • Motion #6 Re: Committees
    • Motion #7 Re: Next AGM
  4. President’s Report (4:30-5:00 PM)

Board of Governors Schedule, 2015–2017

Board Meeting Corporation AGM
Wed., 28 Jan. 2015, 4:00–8:00 PM  
Fri., 27 Mar. 2015, 8:30 AM–3:30 PM  
Wed., 3 June 2015, 4:00–8:00 PM  
Fri., 25 Sep. 2015, 8:30 AM–3:30 PM  
Wed., 25 Nov. 2015, 4:00–8:00 PM 25 Nov. 2015
Fri., 29 Jan. 2016, 8:30 AM–3:30 PM  
Wed., 13 April 2016, 4:00–8:00 PM  
Wed., 8 June 2016, 4:00–8:00 PM  
Fri., 30 Sep. 2016, 8:30 AM–3:30 PM  
Wed., 30 Nov. 2016, 4:00–8:00 PM 30 Nov. 2016
Fri., 27 Jan. 2017, 8:30 AM–3:30 PM  
Wed., 5 Apr. 2017, 4:00–8:00 PM  
Wed., 7 June 2017, 4:00–8:00 PM  
Fri., 29 Sep. 2017, 8:30 AM–3:30 PM  
Wed., 29 Nov. 2017, 4:00–8:00 PM 29 Nov. 2017

Note that future meeting may be subject to change. Tyndale is obliged to give notice of its Board meetings, so one can either look for its announcements or else confirm times and venues with the President’s office.

Tyndale’s Public Financial Information

As charitable organizations, Tyndale University College & Seminary and the Tyndale Foundation are required to file information returns with the the Canada Revenue Agency (CRA) every year. This information is then made public on the CRA website for charities and giving.

TUCFA members are encourage to review this information. To that end, public data for the last several years has been aggregated here, together with links to the reports published by the CRA.

Tyndale University College & Seminary

  2011 2012 2013 2014
Revenue:        
Receipted donations $6,091 (0%) $6,917 (0%) $2,381 (0%) $2,286 (0%)
Non-receipted donations $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts from other charities $6,625,280 (36%) $6,761,829 (35%) $6,412,282 (29%) $6,046,871 (29%)
Government funding $92,623 (0%) $94,256 (0%) $848,309 (4%) $0 (0%)
All other revenue $11,918,479 (64%) $12,372,881 (64%) $14,878,844 (67%) $14,733,348 (71%)
Total revenue $18,642,473 $19,235,883 $22,141,816 $20,782,505
         
Expenses:        
Charitable program $13,170,839 (84%) $13,866,341 (86%) $14,801,204 (86%) $15,790,913 (82%)
Management and administration $2,416,122 (16%) $2,291,853 (14%) $2,495,348 (14%) $3,572,386 (18%)
Fundraising $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Other $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Total expenses $15,586,961 $16,158,194 $17,296,552 $19,363,299
         
Total compensation for all positions $9,288,723 $10,089,164 $10,597,808 $10,691,469
—Full-time employees 131 143 137 142
—Part-time employees 78 90 82 107
Professional and consulting fees $508,251 $727,808 $820,720 $828,975
Ten highest compensated full-time positions        
—$120,000–$159,999 2 2 2 2
—$80,000–$119,999 7 8 8 8
—$40,000–$79,999 1      
—Less than $40,000        

The Tyndale Foundation

  2011 2012 2013 2014
Revenue:        
Receipted donations $5,435,682 (52%) $3,764,188 (45%) $2,639,919 (43%) $2,782,544 (30%)
Non-receipted donations $84,351 (1%) $77,760 (1%) $75,075 (1%) $105,212 (1%)
Gifts from other charities $3,614,393 (35%) $4,158,879 (50%) $2,536,109 (41%) $5,094,581 (55%)
Government funding $0 (0%) $0 (0%) $0 (0%) $0 (0%)
All other revenue $1,250,294 (12%) $275,496 (3%) $916,674 (15%) $1,363,881 (15%)
Total revenue $10,384,720 $8,276,323 $6,167,777 $9,346,218
         
Expenses:        
Charitable program $853,061 (12%) $0 (0%) $0 (0%) $0 (0%)
Management and administration $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Fundraising $0 (0%) $465,691 (6%) $563,624 (6%) $660,206 (7%)
Political activities $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Gifts to other registered charities $6,206,457 (88%) $7,720,257 (94%) $8,662,301 (94%) $8,220,147 (93%)
Other $0 (0%) $0 (0%) $0 (0%) $0 (0%)
Total expenses $7,059,518 $8,185,948 $9,225,925 $8,880,353
         
Total compensation for all positions $470,710 $234,582 $289,142 $325,457
—Full-time employees 2 4 6 6
—Part-time employees 10 8 3 3
Professional and consulting fees $73,507 $90,010 $90,521 $152,383
Ten highest compensated full-time positions        
—$120,000–$159,999        
—$80,000–$119,999   1 1 1
—$40,000–$79,999   1 4 4
—Less than $40,000 2 2 1 1