Key facts

Reported value

CAD 56.4 million

As of

April 30, 2026

Portfolio

Endowment fund balance, canadian dollars

Location

Langley, BC

Data through FY2026

Balance reference

Endowment size and reporting scope

For Trinity Western University, the FY2025 survey records assets of USD 36.799 million. This is a closing asset balance. New gifts, investment results and distributions can all change it during the year. The respondent may hold endowed funds directly or through an affiliated organization. Restrictions attached to those funds continue to govern their use after they are invested together. Total institutional assets can also include buildings and operating resources. Survey scope and definitions

The official CAD 56.434 million figure and the FY2025 survey's USD 36.799 million describe their respective dates and reporting categories. The official balance retains its stated label, endowment fund balance, canadian dollars. Official financial scope

Source: NACUBO · Data through FY2026

The FY2025 survey value for Trinity Western University is USD 36.799 million, compared with USD 31.599 million for FY2024. The USD 5.200 million movement is 16.46% of the earlier balance. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

The available history begins in FY2016 at USD 13.211 million and ends in FY2025 at USD 36.799 million. The change across those observations is USD 23.588 million. The smallest reported balance in the displayed series is USD 13.211 million in FY2016; the largest is USD 36.799 million in FY2025. The displayed observations are year-end asset balances. NACUBO historical workbook

The survey expresses Canadian institutions' balances in U.S. dollars using the conversion conventions stated in the workbook. Exchange-rate movements can affect changes between fiscal years. The official Canadian-dollar balance elsewhere on this page retains its own currency and fiscal date. The U.S. historical values are not spliced into a Canadian-dollar line.

Investment returns

Performance report

Fee basis: After all related fees.

Multi-year returns are annualized; a one-year return covers the final fiscal year. These periods overlap, so their returns are not added. A published dollar investment gain can reflect accounting categories and cash flows that differ from the percentage performance calculation. Return definitions and reporting basis

Asset allocation

Source: twu.ca · Data through FY2026

Core endowment investment assets at April 30, 2026; percentages calculated from the published Canadian-dollar category values; displayed percentages rounded to two decimals with the residual included in Other funds. Allocation report

Spending policy and payout

The FY2025 NCSE Under $50M group reports an average effective spending rate of 4.5%. That is a survey-group statistic and is not assigned as Trinity Western University's policy. An institution's own spending rule can use several prior valuation dates, a prior-year dollar draw or additional adjustments. Its approved appropriation and the cash ultimately spent by a department can differ in timing. NCSE spending-rate table

For Trinity Western University, a closing survey balance and an annual appropriation answer different questions. The survey records how much was held at the reporting date. A spending formula determines support using the valuations specified in that policy. A beneficiary can also spend an approved distribution in a later period. This timing can separate the institution's appropriation from the cash recorded as an expense. Spending measures

Governance and investment office

The university uses restricted-fund accounting and distinguishes externally restricted endowment resources from internally restricted accumulated earnings and transfers. Its U.S. foundation is controlled by the university but is not consolidated in the Canadian financial statements. The report presents information on that organization separately. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

Trinity Western University is a Canadian institution. The U.S. private-college schedule does not classify its Canadian endowment as a U.S. private-college portfolio. Its Canadian fiscal-year balance and the survey's U.S.-dollar conversion also use different currency conventions. No U.S. institution-specific tier is assigned here.

These rates apply to net investment income. Statutory student counts and related-organization rules govern the calculation.

Reporting comparisons

The U.S. NCSE size-band averages are based on U.S. respondents. This Canadian institution is outside those published comparison groups. The historical dollar series above follows NACUBO's conversion convention; a Canadian investment return follows its stated portfolio currency and fiscal year-end. An April or March reporting period does not match the U.S. June 30 endpoint. Currency and date alignment are needed before comparing percentage performance. NCSE universe and return periods

Public records and reporting dates

NACUBO's respondent is Trinity Western University. Annual financial statements and any nonprofit return can cover a different legal entity or a wider group of resources. A university, a supporting foundation and an investment pool can each report its own assets. Total organizational assets also include resources outside the endowment, and the tax-return accounting period can differ from the survey's reporting year. Those distinctions govern how public records are compared. Respondent identity

Related reading

• Endowment directory
• Endowments by state
• Endowments by size
• University endowments
• Delta College
• Bradford Educational Foundation - University of Pittsburgh at Bradford
• Husson University