Georgetown University
- Assets
- $5.3b
- Revenue
- $2.0b
- Investments
- $2.4b
- Employees
- 14,561
- Location
- Washington, DC
- Founding
- 10/1973
- Data as of
- 06/2022
- EIN
- 53-0196603
Organization Overview
Georgetown University is located in Washington, DC. The organization was established in 1973. 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, Georgetown University employed 14,561 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgetown 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 06/2022, Georgetown University generated $2.0b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.8b during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 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, Georgetown University has awarded 801 individual grants totaling $88,760,571. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GEORGETOWN UNIVERSITY IS ONE OF THE WORLD'S LEADING ACADEMIC AND RESEARCH INSTITUTIONS. ESTABLISHED IN 1789, GEORGETOWN IS THE NATION'S OLDEST CATHOLIC AND JESUIT UNIVERSITY.
Describe the Organization's Program Activity:
INSTRUCTION: THE UNIVERSITY CONSISTS OF GEORGETOWN COLLEGE, GEORGETOWN LAW CENTER, ROBERT E. MCDONOUGH SCHOOL OF BUSINESS, SCHOOL OF CONTINUING STUDIES, SCHOOL OF MEDICINE, SCHOOL OF NURSING AND HEALTH STUDIES, THE EDMUND A. WALSH SCHOOL OF FOREIGN SERVICE, THE GRADUATE SCHOOL OF ARTS AND SCIENCES, AND THE MCCOURT SCHOOL OF PUBLIC POLICY. THESE SCHOOLS OFFER UNDERGRADUATE AND GRADUATE DEGREES, EXECUTIVE EDUCATION, ADVANCED PROFESSIONAL CERTIFICATES, CUSTOM EDUCATION, AND SPECIAL PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2022, GEORGETOWN UNIVERSITY ENROLLED APPROXIMATELY 20,900 STUDENTS AND AWARDED 7,161 DEGREES.
ACADEMIC SUPPORT: THIS INCLUDES ACTIVITIES THAT SUPPORT THE UNIVERSITY'S PRIMARY EDUCATIONAL AND RESEARCH MISSIONS. THESE ACTIVITIES INCLUDE ACADEMIC ADMINISTRATION, ACADEMIC COMPUTING SUPPORT, ACADEMIC PERSONNEL DEVELOPMENT, COURSE AND CURRICULUM DEVELOPMENT, DEPARTMENTAL ADMINISTRATION, EDUCATIONAL MEDIA SERVICES, AND LIBRARIES.
RESEARCH: ONE OF THE PRIMARY OBJECTIVES OF THE UNIVERSITY IS THE DEVELOPMENT OF KNOWLEDGE THROUGH BASIC SCIENCE, CLINICAL RESEARCH AND OTHER RESEARCH. DURING THE YEAR ENDED JUNE 30, 2022, FACULTY AND STUDENTS PARTICIPATED IN OVER 2,100 RESEARCH PROJECTS IN SCIENCE AND OTHER AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President Board Member | OfficerTrustee | 40 | $1,279,433 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Name Not Listed Board Member | Trustee | 4 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Name Not Listed Board Member | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Campus Communities Operating Partnership Lp Construction | 6/29/22 | $43,717,897 |
Aramark Educational Services Inc Management Services | 6/29/22 | $25,456,108 |
1life Healthcare Inc Covid-19 Testing Center Supplies/administration | 6/29/22 | $21,734,373 |
Georgetown Energy Partners Llc Management Services | 6/29/22 | $17,652,952 |
Gilbane Building Company Construction | 6/29/22 | $16,241,366 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,417,252 |
| Related organizations | $54,595 |
| Government grants | $232,443,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,961,824 |
| Noncash contributions included in lines 1a–1f | $27,043,864 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $534,877,226 |
| Total Program Service Revenue | $1,191,475,925 |
| Investment income | $27,469,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,240,169 |
| Net Rental Income | $3,100,750 |
| Net Gain/Loss on Asset Sales | $171,793,072 |
| Net Income from Fundraising Events | -$241,513 |
| Net Income from Gaming Activities | $48,122 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,988,566,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,913,395 |
| Grants and other assistance to domestic individuals. | $258,280,506 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,392,916 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,463,983 |
| Compensation of current officers, directors, key employees. | $5,033,556 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $662,873,140 |
| Pension plan accruals and contributions | $46,395,420 |
| Other employee benefits | $67,598,421 |
| Payroll taxes | $40,459,233 |
| Fees for services: Management | $3,771,409 |
| Fees for services: Legal | $5,124,172 |
| Fees for services: Accounting | $1,909,323 |
| Fees for services: Lobbying | $241,616 |
| Fees for services: Fundraising | $766,973 |
| Fees for services: Investment Management | $5,720,970 |
| Fees for services: Other | $172,593,961 |
| Advertising and promotion | $12,257,602 |
| Office expenses | $64,450,714 |
| Information technology | $21,992,660 |
| Royalties | $717,409 |
| Occupancy | $76,990,918 |
| Travel | $23,723,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,415,386 |
| Interest | $91,971,925 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,708,831 |
| Insurance | $28,656,593 |
| All other expenses | $28,310,691 |
| Total functional expenses | $1,752,961,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,391 |
| Savings and temporary cash investments | $210,994,288 |
| Pledges and grants receivable | $220,029,013 |
| Accounts receivable, net | $90,711,607 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $17,723,196 |
| Inventories for sale or use | $1,862,614 |
| Prepaid expenses and deferred charges | $50,605,606 |
| Net Land, buildings, and equipment | $1,399,353,024 |
| Investments—publicly traded securities | $868,516,887 |
| Investments—other securities | $2,359,195,069 |
| Investments—program-related | $0 |
| Intangible assets | $113,738,703 |
| Other assets | $16,934,347 |
| Total assets | $5,349,711,745 |
| Accounts payable and accrued expenses | $204,580,884 |
| Grants payable | $72,170,281 |
| Deferred revenue | $107,796,878 |
| Tax-exempt bond liabilities | $412,086,150 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,128,103,010 |
| Other liabilities | $1,108,470,553 |
| Total liabilities | $3,033,207,756 |
| Net assets without donor restrictions | -$103,628,669 |
| Net assets with donor restrictions | $2,420,132,658 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,349,711,745 |
Grants Awarded
Over the last fiscal year, Georgetown University has awarded $21,779,692 in support to 186 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA CHILDREN'S TRUST PURPOSE: SUBAWARD | $100,000 |
AMERICAN DENTAL ASSOCIATION PURPOSE: SUBAWARD | $113,475 |
A R LURIE CHILDREN'S HOSPITAL OF CHIC PURPOSE: SUBAWARD | $99,693 |
ARIZONA STATE UNIVERSITY PURPOSE: SUBAWARD | $257,110 |
ARK ADVOC FOR CHILDRENFAMILIES PURPOSE: SUBAWARD | $79,500 |
ARLINGTON FREE CLINIC INC PURPOSE: SUBAWARD | $18,750 |