Victoria University in the University of Toronto

Victoria University in the University of Toronto

Victoria University was established in 1836 as an independent institution before entering its federated relationship with the University of Toronto. Rhonda McEwen and Nick Saul hold the senior leadership roles. The university's endowment supports operations in a Canadian-dollar reporting environment. The endowment holds a diversified portfolio of pooled funds that includes equities, fixed income, and alternative investments. Real estate assets include direct ownership of campus buildings and leased commercial properties in Toronto. A joint venture with KingSett Capital covers land at 8 St Thomas Street designated for condominium development. The portfolio maintains exposure across Canada. The university employs service providers including PwC as auditor and BIPOC Executive Search for recruitment. It maintains membership in Universities Canada and the Toronto School of Theology. A board meeting in June 2024 addressed budget, divestment policy, and capital projects. The federated structure with the University of Toronto creates a distinct governance arrangement under a Memorandum of Agreement that separates certain administrative and academic functions from the parent institution.