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 06/2022, Yale University employed 31,105 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 2,478 individual grants totaling $558,622,000. 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.
Form
990
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 14,600 STUDENTS INCLUDING 6,494 UNDERGRADUATES, 3,309 GRADUATE STUDENTS AND 4,722 PROFESSIONAL SCHOOL STUDENTS. A FACULTY OF MORE THAN 5,100 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, GLOBAL AFFAIRS, THE ENVIRONMENT, LAW, MANAGEMENT, MEDICINE, MUSIC, NURSING, AND PUBLIC HEALTH.
OTHER PROGRAM SERVICES INCLUDE ACADEMIC SUPPORT, PUBLIC SERVICE, AND OTHER INSTITUTIONAL SUPPORT.
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 FY2022, 3,521 OR 54% OF UNDERGRADUATES RECEIVED NEED-BASED SCHOLARSHIPS OR GRANTS FROM YALE SOURCES OF $59,944 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 2,245,294 MEALS TO STUDENTS, FACULTY AND STAFF; MAINTENANCE OF DORMITORIES HOUSING 5,162 UNDERGRADUATES AND 940 GRADUATE AND PROFESSIONAL SCHOOL STUDENTS; OPERATION AND MAINTENANCE OF ATHLETIC FACILITIES FOR THE 35 INTERCOLLEGIATE SPORTS, OVER 20 INTRAMURAL SPORTS, AND APPROXIMATELY 48 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee & President | OfficerTrustee | 50 | $2,160,396 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Turner Construction Company Construction & Related Services | 6/29/22 | $52,096,888 |
Dimeo Construction Company Construction & Related Services | 6/29/22 | $50,366,906 |
Hhlr Advisors Ltd Investment Management | 6/29/22 | $29,583,311 |
Gilbane Building Company Construction & Related Services | 6/29/22 | $43,140,473 |
Petra Construction Corp Construction & Related Services | 6/29/22 | $23,095,939 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $474,987,072 |
Grants and other assistance to Foreign Orgs/Individuals | $13,525,487 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $13,419,721 |
Compensation to disqualified persons | $19,008,207 |
Other salaries and wages | $1,900,878,763 |
Pension plan accruals and contributions | $200,042,736 |
Other employee benefits | $333,925,432 |
Payroll taxes | $109,042,502 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,588,422 |
Fees for services: Accounting | $2,384,538 |
Fees for services: Lobbying | $107,707 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $162,684,933 |
Fees for services: Other | $284,061,096 |
Advertising and promotion | $6,483,938 |
Office expenses | $33,918,654 |
Information technology | $34,707,069 |
Royalties | $2,563,731 |
Occupancy | $78,826,616 |
Travel | $47,004,682 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,836 |
Conferences, conventions, and meetings | $17,125,718 |
Interest | $78,877,592 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $303,165,721 |
Insurance | $59,992,661 |
All other expenses | $0 |
Total functional expenses | $4,581,336,832 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,008,688,942 |
Pledges and grants receivable | $989,754,766 |
Accounts receivable, net | $233,996,749 |
Loans from Officers, Directors, or Controlling Persons | $42,243 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $128,293,610 |
Inventories for sale or use | $13,893,854 |
Prepaid expenses and deferred charges | $27,642,789 |
Investments—publicly traded securities | $7,103,400,174 |
Investments—other securities | $28,671,364,625 |
Investments—program-related | $37,842,656 |
Intangible assets | $0 |
Other assets | $444,836,433 |
Total assets | $44,198,683,391 |
Accounts payable and accrued expenses | $584,136,135 |
Grants payable | $3,951,815 |
Deferred revenue | $171,862,518 |
Tax-exempt bond liabilities | $3,081,157,786 |
Escrow or custodial account liability | $3,273,916 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $2,124,402,173 |
Other liabilities | $7,235,199,040 |
Total liabilities | $13,203,983,383 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $30,994,700,008 |
Over the last fiscal year, Yale University has awarded $92,039,266 in support to 306 organizations.
Grant Recipient | Amount |
---|---|
ACADEMIC PEDIATRIC ASSOCIATION PURPOSE: SUBAWARD - SPONSORED RESEARCH | $7,511 |
ADVENTHEALTH ORLANDO PURPOSE: SUBAWARD - SPONSORED RESEARCH | $31,593 |
ADVENTIST HEALTHCARE INC PURPOSE: SUBAWARD - SPONSORED RESEARCH | $5,500 |
ALAMEDA HEALTH SYSTEM PURPOSE: SUBAWARD - SPONSORED RESEARCH | $988,407 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: SUBAWARD - SPONSORED RESEARCH | $304,339 |
ALLIANCE FOR COMMUNITY EMPOWERMENT INC PURPOSE: SUBAWARD - SPONSORED RESEARCH | $13,890 |