Yale University

Organization Overview

Yale University is located in New Haven, CT. The organization was established in 1992. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Yale University employed 30,053 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Yale University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Yale University generated $5.6b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $4.6b during the year ending 06/2020. While expenses have increased by 3.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Yale University has awarded 2,599 individual grants totaling $538,211,271. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE WORLD THROUGH RESEARCH, SCHOLARSHIP, EDUCATION, PRESERVATION, AND PRACTICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION: THE PROGRAM SERVICE COSTS INCLUDE SALARIES, FRINGE BENEFITS, AND SUPPLIES OF TEACHING APPROXIMATELY 12,000 STUDENTS INCLUDING 4,664 UNDERGRADUATES, 3,092 GRADUATE STUDENTS AND 4,265 PROFESSIONAL SCHOOL STUDENTS. A FACULTY OF MORE THAN 4,900 TEACH AND ADMINISTER PROGRAMS ACROSS A RANGE OF DISCIPLINES IN THE SCIENCES AND ENGINEERING, THE SOCIAL SCIENCES, THE HUMANITIES, AND THE VARIOUS LEARNED PROFESSIONS. MORE THAN 80 MAJORS ARE AVAILABLE IN THE UNDERGRADUATE COLLEGE AND MORE THAN 35 DIFFERENT DEGREE PROGRAMS ARE OFFERED BY THE UNIVERSITY. IN ADDITION TO THE GRADUATE SCHOOL OF ARTS AND SCIENCES, THE UNIVERSITY HAS PROFESSIONAL SCHOOLS IN THE DISCIPLINES OF ARCHITECTURE, ART, DIVINITY, DRAMA, ENGINEERING AND APPLIED SCIENCE, THE ENVIRONMENT, LAW, MANAGEMENT, MEDICINE, MUSIC, NURSING, AND PUBLIC HEALTH.


STUDENT FINANCIAL AID AND SERVICES: YALE COLLEGE ADMITS STUDENTS FOR THEIR ACADEMIC AND PERSONAL PROMISE WITHOUT REGARD TO THEIR ABILITY TO PAY. YALE IS COMMITTED TO AN ADMISSIONS POLICY THAT DOES NOT CONSIDER A STUDENT'S ABILITY TO PAY, AND A FINANCIAL AID POLICY THAT MEETS THE FULL NEED OF ALL STUDENTS WITH NO LOANS REQUIRED. THESE TWO PRINCIPLES: NEED-BLIND ADMISSIONS AND NEED-BASED FINANCIAL AID, ENSURE THAT A YALE EDUCATION IS AFFORDABLE FOR EVERYONE, REGARDLESS OF FAMILY BACKGROUND, CITIZENSHIP, OR IMMIGRATION STATUS. WITH THIS POLICY, YALE STRIVES TO CREATE A LEARNING ENVIRONMENT ACCESSIBLE TO THE MOST TALENTED STUDENTS FROM AROUND THE WORLD AND THAT INCORPORATES THE WIDEST POSSIBLE RANGE OF STUDENT BACKGROUNDS. IN FY2021, 2,649 OR 57% OF UNDERGRADUATES RECEIVED NEED-BASED SCHOLARSHIPS OR GRANTS FROM YALE SOURCES OF $57,249 ON AVERAGE. ALL OF YALE'S GRADUATE AND PROFESSIONAL SCHOOLS PROVIDE FINANCIAL AID TO THEIR STUDENTS BASED ON THEIR INDIVIDUAL POLICIES AND PROCEDURES. THIS CATEGORY OF EXPENDITURES ALSO INCLUDES: THE OPERATION OF DINING HALLS THAT PROVIDED 628,545 MEALS TO STUDENTS, FACULTY AND STAFF; MAINTENANCE OF DORMITORIES HOUSING 1,800 UNDERGRADUATES AND 707 GRADUATE AND PROFESSIONAL SCHOOL STUDENTS; OPERATION AND MAINTENANCE OF ATHLETIC FACILITIES FOR THE 35 INTERCOLLEGIATE SPORTS, OVER 20 INTRAMURAL SPORTS, AND APPROXIMATELY 50 CLUB SPORTS TEAMS OFFERED AT YALE. ALSO INCLUDED ARE PHYSICAL EDUCATION INSTRUCTION, PARKING FACILITIES, LAUNDRY FACILITIES, STUDENT CENTERS, AND OTHER FACILITIES AND PROGRAMS (INCLUDING EXTRACURRICULAR ACTIVITIES AND STUDENT HEALTH SERVICES) THAT PROVIDE SUPPORT, SERVICES, AND ACADEMIC/CULTURAL ENRICHMENT TO THE UNIVERSITY'S STUDENTS.


RESEARCH: THE UNIVERSITY ENGAGES IN EXTENSIVE RESEARCH IN MEDICINE, SCIENCE, ENGINEERING, THE ARTS, SOCIAL SCIENCES, AND HUMANITIES. THE UNIVERSITY'S RESEARCH ACTIVITIES ARE AIMED AT THE ADVANCEMENT OF KNOWLEDGE AS WELL AS TRAINING STUDENTS IN THE RESEARCH PROCESS. AS INTEGRAL PARTS OF A UNIFIED, INNOVATIVE, AND ACCESSIBLE STUDENT-CENTERED RESEARCH UNIVERSITY, YALE'S LABS AND CLASSROOMS ARE TURNING OUT GROUNDBREAKING MEDICAL AND SCIENTIFIC DISCOVERIES AND THE NEXT GENERATION OF INNOVATORS IN MANY AREAS OF RESEARCH EXCELLENCE. THE UNIVERSITY'S OUTSTANDING FACILITIES DEVOTED TO RESEARCH ARE COMPRISED OF MYRIAD LABORATORIES, CENTERS, LIBRARIES, COLLECTIONS AND INSTITUTES THAT FOCUS ON RESEARCH IN GEOLOGY, CHEMISTRY, BIOLOGY, ENGINEERING AND APPLIED SCIENCE, ANTHROPOLOGY, PALEONTOLOGY, PSYCHOLOGY, MOLECULAR AND STRUCTURAL BIOLOGY, NUCLEAR STRUCTURE, CHILD DEVELOPMENT, SOCIAL POLICY, BIOSPHERIC STUDIES AND NUMEROUS BIOMEDICAL SCIENCES, TO NAME BUT A FEW.


OTHER PROGRAM SERVICES INCLUDE ACADEMIC SUPPORT, PUBLIC SERVICE, AND OTHER INSTITUTIONAL SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dimeo Construction Company
Construction & Related Services
$98,034,189
Skanska Usa Building Inc
Construction & Related Services
$46,634,190
Hhlr Advisors Ltd
Investment Management
$45,979,099
The Whiting-turner Contracting Company
Construction & Related Services
$23,058,118
Shawmut Woodworking & Supply Inc
Construction & Related Services
$38,242,556
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,356,612,031
Investment income $370,913,307
Tax Exempt Bond Proceeds $0
Royalties $9,228,260
Net Rental Income $3,495,688
Net Gain/Loss on Asset Sales $1,726,704,243
Net Income from Fundraising Events -$183,065
Net Income from Gaming Activities -$4,634
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,595,177,145

Grants Awarded

Over the last fiscal year, Yale University has awarded $76,616,420 in support to 344 organizations.

Grant RecipientAmount

NEW HAVEN PROMISE INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SCHOLARSHIPS

$4,000,000

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SUBAWARD - SPONSORED RESEARCH

$2,244,077

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: SUBAWARD - SPONSORED RESEARCH

$1,966,725

Durham, NC

PURPOSE: SUBAWARD - SPONSORED RESEARCH

$1,832,634

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: SUBAWARD - SPONSORED RESEARCH

$1,728,629

JOHNS HOPKINS UNIVERSITY

Org PageRecipient Profile

Baltimore, MD

PURPOSE: SUBAWARD - SPONSORED RESEARCH

$1,721,174
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Yale University has recieved totaling $56,128.

Awarding OrganizationAmount
F W & Elsie L Heyl Science Scholarship Fund Tr

Pittsburgh, PA

PURPOSE: SCHOLARSHIPS

$46,128
Kazan Mcclain Partners Foundation

Oakland, CA

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$31,244,272,067
Earnings$12,052,824,000
Admin Expense$97,611,852
Net Contributions$636,119,000
Other Expense$1,284,375,555
Grants$194,279,342
Ending Balance$42,356,948,318

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Quinnipiac University
Hamden, CT
$531,949,834
Brandeis University
Waltham, MA
$399,602,478
Johnson & Wales University
Providence, RI
$403,272,641
Bar Ilan University In Israel
New York, NY
$462,229,998

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