Vanderbilt University
- Assets
- $13.9b
- Revenue
- $2.8b
- Investments
- $4.8b
- Employees
- 12,902
- Location
- Nashville, TN
- Founding
- 02/1941
- Data as of
- 06/2021
- EIN
- 62-0476822
Organization Overview
Vanderbilt University is located in Nashville, TN. The organization was established in 1941. 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, Vanderbilt University employed 12,902 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vanderbilt 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 06/2021, Vanderbilt University generated $2.8b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $1.9b during the year ending 06/2021. While expenses have increased by 4.0% 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, Vanderbilt University has awarded 1,389 individual grants totaling $397,425,387. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EDUCATION
SEE SCHEDULE O - ACADEMIC AND SCIENTIFIC RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed See Schedule O | OfficerTrustee | 50 | $1,911,404 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Secretary | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Chairman | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barton Malow Builders Construction Services | 6/29/22 | $11,489,365 |
2u Inc Online Education Services | 6/29/22 | $12,406,253 |
Parent Company Inc Construction Services | 6/29/22 | $5,532,556 |
Vanderbilt University Medical Center Affiliation Services | 6/29/22 | $35,784,617 |
Layton Construction Company Llc Construction Services | 6/29/22 | $59,438,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,947,408 |
| Investment income | $198,033,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,992,747 |
| Net Rental Income | $2,085,497 |
| Net Gain/Loss on Asset Sales | $1,101,761,006 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,844,246,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $357,818,022 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,206,988 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $14,513,676 |
| Compensation to disqualified persons | $390,637 |
| Other salaries and wages | $580,549,741 |
| Pension plan accruals and contributions | $30,312,438 |
| Other employee benefits | $63,419,645 |
| Payroll taxes | $35,476,502 |
| Fees for services: Management | $923,537 |
| Fees for services: Legal | $6,794,881 |
| Fees for services: Accounting | $811,679 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $183,844 |
| Fees for services: Investment Management | $316,295,244 |
| Fees for services: Other | $103,253,437 |
| Advertising and promotion | $4,944,686 |
| Office expenses | $62,179,268 |
| Information technology | $30,207,974 |
| Royalties | $5,942,163 |
| Occupancy | $77,075,414 |
| Travel | $5,680,005 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,530,510 |
| Interest | $19,160,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,341,851 |
| Insurance | $11,918,134 |
| All other expenses | $0 |
| Total functional expenses | $1,922,598,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,465,387 |
| Savings and temporary cash investments | $1,063,824,980 |
| Pledges and grants receivable | $141,171,008 |
| Accounts receivable, net | $59,396,205 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $513,325 |
| Inventories for sale or use | $198,529 |
| Prepaid expenses and deferred charges | $16,313,741 |
| Investments—publicly traded securities | $6,216,468,806 |
| Investments—other securities | $4,766,361,347 |
| Investments—program-related | $19,406,552 |
| Intangible assets | $0 |
| Other assets | $61,487,602 |
| Total assets | $13,854,160,867 |
| Accounts payable and accrued expenses | $224,322,103 |
| Grants payable | $0 |
| Deferred revenue | $1,922,500,328 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $627,102,185 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $626,486,981 |
| Total liabilities | $3,400,411,597 |
| 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 | $10,453,749,270 |
Grants Awarded
Over the last fiscal year, Vanderbilt University has awarded $58,365,690 in support to 154 organizations.
| Grant Recipient | Amount |
|---|---|
AEROSPACE CORPORATION PURPOSE: Research | $27,028 |
ALPHACORE INC PURPOSE: Research | $93,740 |
AMERICAN ACADEMY OF NURSING PURPOSE: Contribution | $10,000 |
ARIZONA STATE UNIVERSITY PURPOSE: Research | $60,171 |
AUGUSTA UNIVERSITY RESEARCH INSTITUTE INC PURPOSE: Research | $633,883 |
AUSTIN PEAY STATE UNIVERSITY PURPOSE: Research | $77,096 |