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University of Ottawa Endowment Fund

Name: University of Ottawa Endowment Fund

Assets Under Management: $184 Million (Source: University of Ottawa on 4/30/2012)

Annual Report: University of Ottawa Endowment Fund 2011-2012 Report

Portfolio Insights: “At the end of the 2011-2012 fiscal year, the value of the University of Ottawa endowment fund was $184 million.

The Finance and Treasury Committee of the University of Ottawa oversees the management of the endowment fund. This includes evaluating performance relative to established goals, monitoring compliance with policies and procedures and making recommendations in these areas.

Investment returns are calculated for the period ending March 31 and are used to establish the spending rate for the following fiscal year.” (Source)

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Top University of Ottawa Endowment Fund Headlines:

1) The University of Ottawa is proud to have one of the most generous scholarships and bursaries offerings in the country. Our students can apply for a large number of scholarships and bursaries offered by the University of Ottawa and the community. A scholarship is awarded for academic achievements while a bursary is awarded based on financial need. (Source)

2) The University of Ottawa is one of the leading universities in the nation. Goldcorp Inc. and the University of Ottawa’s Faculty of Science have united to create the new Goldcorp Chair in Economic Geology. Goldcorp pledged a gift of $1.5 million to the University of Ottawa as an endowment for the Chair. Funds made available through the Goldcorp Chair are being used to support research and education initiatives with a focus on mineral resources in the Canadian Shield. (Source)

3) The Stavros Niarchos Foundation and the University of Ottawa are proud to announce the establishment of the SNF Scholarships at uOttawa with a $1 million endowment fund. The announcement of their substantial gift marks the celebration of a 70-year partnership between Canada and Greece.The SNF Scholarships will give two Greek graduate students per year the opportunity to pursue their studies at the University of Ottawa, and contribute to building the foundation for future collaboration between Canada and Greece. (Source)

4) The University of Ottawa Refugee Project is funded by the Law Foundation of Ontario and led by Professors Jennifer Bond, Adam Dodek, Peter Showler and David Wiseman. UORAP’s mission is to implement a project that will address key access to justice concerns following changes to Canada’s refugee system. (Source)

5) In July 2008, Allan Rock became the University of Ottawa’s 29th President and Vice-Chancellor since its foundation as Bytown College in 1848. He is a three-time University of Ottawa alumnus having graduated from the University of Ottawa High School before completing a Baccalaureate in Arts in 1968 and a law degree in 1971. His political career also had its roots at the University of Ottawa where he was elected president of the student federation in 1969.

For 20 years, Allan Rock conducted a varied practice in civil, commercial and administrative litigation. He was a frequent lecturer to members of the Bar in Continuing Legal Education, and taught “Advanced Trial Practice” at the Osgoode Hall Law School of York University.

In 1993, he was elected as the Member of Parliament for Etobicoke-Centre and named Minister of Justice and Attorney General of Canada. In that capacity, he introduced significant improvements to the Criminal Code, the Canadian Human Rights Act and other federal legislation. (Source)

About Richard C. Wilson