How are the funds used at McMaster?
Calculation of grant
In 2024/25 McMaster University will receive the following amounts from the respective federal Research Support Fund programs:
- Research Support Fund (RSF): $12,731,929
- Incremental Project Grant (IPG): $2,523,194
- Research Security: $1,022,080
The 2024/25 grant was calculated using data from 2022/23, 2021/22 and 2020/21. Please see the table below for a summary of McMaster’s support from the RSF, IPG and Research Security:
| Fiscal Year | RSF | IPG | Res. Security | Total Federal Indirect Cost Funding | Total McMaster Tri-Agency Funding | Effective Research Support Fund % |
|---|---|---|---|---|---|---|
| 2024-25 | $ 12,731,929 | $ 2,523,195 | $ 1,022,080 | $ 16,277,204 | $ 81,179,404 | 20.05% |
| 2023-24 | $ 13,102,824 | $ 2,586,483 | $ 1,047,119 | $ 16,736,426 | $ 80,741,905 | 20.73% |
| 2022-23 | $ 13,459,827 | $ 2,646,591 | $ 1,069,447 | $ 17,175,865 | $ 78,303,779 | 21.93% |
| 2021-22 | $ 13,466,073 | $ 2,618,274 | $ – | $ 16,084,347 | $ 73,052,288 | 22.02% |
| 2020-21 | $ 13,813,465 | $ 2,103,099 | $ – | $ 15,916,564 | $ 73,197,766 | 21.74% |
| 2019-20 | $ 13,900,412 | $ 1,750,103 | $ – | $ 15,650,515 | $ 70,469,233 | 22.21% |
| 2018-19 | $ 14,128,343 | $ 1,337,367 | $ – | $ 15,465,710 | $ 70,167,132 | 22.04% |
| 2017-18 | $ 14,047,002 | $ – | $ – | $ 14,047,002 | $ 66,947,518 | 20.98% |
| 2016-17 | $ 14,006,010 | $ – | $ – | $ 14,006,010 | $ 66,138,740 | 21.18% |
| 2015-16 | $ 12,554,534 | $ – | $ – | $ 12,554,534 | $ 63,975,522 | 19.62% |
| 2014-15 | $ 12,463,747 | $ – | $ – | $ 12,463,747 | $ 62,844,316 | 19.83% |
The total pool was $452,358,090 in 2023/24 and provided indirect costs to McMaster at a rate of 20.73% of most Tri-Council projects (some specific programs do not pay research support funds and institutions are made aware of this at the application stage).
McMaster has received 3.70% of the pool in 2023/24.