Key facts

Reported value

USD 1.40 billion

As of

FY2025 survey reporting period

Portfolio

Survey respondent endowment

Location

Edmonton, AB

Data through FY2025

Balance reference

Endowment size and reporting scope

The survey's respondent name determines the scope of the historical comparison. A campus and its supporting foundation can submit a combined amount or appear under separate names. Gifts remain subject to their terms even when the investments are pooled. The wider institution also owns assets used for its operations. Those operating assets are not automatically part of a permanent endowment or its investment portfolio. Survey scope and definitions

Source: NACUBO · Data through FY2025

The FY2025 survey value for University of Alberta is USD 1,404.759 million, compared with USD 1,331.794 million for FY2024. The USD 72.965 million movement is 5.48% 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 906.250 million and ends in FY2025 at USD 1,404.759 million. The change across those observations is USD 498.509 million. The smallest reported balance in the displayed series is USD 906.250 million in FY2016; the largest is USD 1,653.073 million in FY2021. These are closing asset values. They do not show how much of a year's movement came from new gifts, spending or investment results. 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.

Spending policy and payout

The FY2025 NCSE $1B to $5B group reports an average effective spending rate of 4.5%. That is a survey-group statistic and is not assigned as University of Alberta'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 spent by a department can differ in timing. NCSE spending-rate table

Annual support depends on both spending authority and investment liquidity. A formula determines the permitted draw, while investment redemptions and cash reserves provide the money. Private-fund capital calls and redemption limits affect timing. A closing market value does not measure those near-term demands, and an accounting appropriation does not identify every department's expenditure date. Spending measures

Governance and investment office

NACUBO identifies this respondent as University of Alberta. Its reporting category is canadian university endowment. That category is useful when comparing a campus with a foundation or a system. A separately incorporated supporting organization can have its own board and financial statements. The respondent name and the legal filer therefore remain attached to their respective figures. 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 These rates apply to net investment income, using the law's prior-year asset and student-count definitions.

University of Alberta 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.

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 University of Alberta. 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

• Comparable endowment sizes
• Endowment directory
• Endowments by state
• Endowments by size
• University endowments
• Vassar College
• Baylor College of Medicine
• Loma Linda University