The University of Toronto, has the largest, with assets of $3.15 billion at April 30, 2021, generating 4.9 percent of operating revenues from its endowment income during that fiscal year. [...] The second-largest endowment, that of the University of British Columbia, with assets of $2.0 billion at March 31, 2021, generated 4.4 percent of operating revenues from investment income. [...] McMaster University and the University of British Columbia were tied for the highest ranking followed by University of Victoria, Simon Fraser University, McGill University and University of Toronto. [...] In an environment of shrinking government funding as a percentage of university operating budgets and of universities increasingly turning to private funding through donations to endowments and other sources, it stands to reason that university endowments ought to, at minimum, explore how they can benefit from the recommendations in this report. [...] The final rankings of each university endowment are included in the table on next page.
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