Finances at a glance
Finances at a glance McGill University
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Finances at a glance
The University is one of Montreal's largest employers. Its cultural and research activities contribute to the quality of life of the city. McGill activities contribute about $500 million to the Quebec economy every year.
"The strength of the new genomics building is how it enables researchers to work in clusters, side by side. The research teams, which have had major discoveries in our first year, are involved in several high-profile international collaborations."
Dr. Tom Hudson is director of the McGill University and Génome Québec Innovation Centre, housed in McGill's newest building at 740 Dr. Penfield Avenue. The centre was built with funds from all levels of government as well as private partners. It houses laboratories and space for start-up bio-tech companies.
Quick facts
- McGill has received over $536 million in donations in the past ten years.
- As of May 31, 2004, McGill's restricted endowment fund had a market value of $760 million. It represents contributions from individuals and institutions. It is the second largest university endowment in Canada and the largest in Canada on an enrolment basis for universities with endowments greater than $175 million.
