Baylor University is located in Waco, TX. The organization was established in 1991. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Baylor University employed 10,061 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baylor 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 05/2021, Baylor University generated $1.4b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.2b during the year ending 05/2021. While expenses have increased by 5.3% 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, Baylor University has awarded 404 individual grants totaling $122,886,374. 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
THE MISSION OF BAYLOR UNIVERSITY IS TO EDUCATE MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE BY INTEGRATING ACADEMIC EXCELLENCE AND CHRISTIAN COMMITMENT WITHIN A CARING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION: BAYLOR UNIVERSITY STANDS AS ONE OF THE PREMIER INSTITUTIONS OF HIGHER EDUCATION IN THE WORLD. CHARTERED IN 1845 BY THE REPUBLIC OF TEXAS AND AFFILIATED WITH THE BAPTIST GENERAL CONVENTION OF TEXAS, THE UNIVERSITY IS THE OLDEST CONTINUOUSLY OPERATING INSTITUTION OF HIGHER LEARNING IN THE STATE OF TEXAS. AS PART OF FULFILLING BAYLOR'S MISSION OF INSTRUCTING AND EDUCATING MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE, BAYLOR PURSUES INITIATIVES SUCH AS LOWER STUDENT-FACULTY RATIO (16:1), SMALLER CLASS SIZE (AVERAGE CLASS SIZE IS 28), RESEARCH OPPORTUNITIES FOR UNDERGRADUATES, AND GREAT FACILITIES FOR LEARNING AND LIVING. BAYLOR'S MORE THAN 20,000 STUDENTS TYPICALLY COME FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, AND OVER 90 COUNTRIES AROUND THE WORLD. THE UNIVERSITY OFFERS 126 BACCALAUREATE, 80 MASTER'S, 47 DOCTORAL, NUMEROUS ONLINE GRADUATE PROFESSIONAL PROGRAMS, THE EDUCATION SPECIALIST AND THE JURIS DOCTOR DEGREE PROGRAMS THROUGH 12 ACADEMIC UNITS. THE UNIVERSITY ALSO EQUIPS STUDENTS WITH BOTH KNOWLEDGE AND EXPERIENCE TO PURSUE GOD'S CALL TO MINISTRY BY OFFERING 3 MASTER DEGREES AND 2 DOCTORATE DEGREES THROUGH TRUETT SEMINARY. ADDITIONALLY, THE UNIVERSITY CONDUCTS GRADUATE PROGRAMS WITH THE U.S. ARMY AT SEVERAL U.S. ARMY LOCATIONS ACROSS THE UNITED STATES. STUDENTS FIND THE BEST OF A LARGE UNIVERSITY THROUGH EXCEPTIONAL BREADTH AND DEPTH OF PROGRAMS ALONG WITH EXTRAORDINARY PERSONAL ATTENTION FOR THE INDIVIDUAL STUDENT. BAYLOR STUDENTS GARNER COMPETITIVE SCHOLARSHIPS SUCH AS FULBRIGHT, TRUMAN, GOLDWATER, ROTARY, CRITICAL LANGUAGE, AND NATIONAL SCIENCE FOUNDATION GRADUATE FELLOWSHIPS. MORE THAN 90% OF BAYLOR UNDERGRADUATE STUDENTS RECEIVE FINANCIAL ASSISTANCE. NAMED ELEVEN TIMES BY THE CHRONICLE OF HIGHER EDUCATION AS A "GREAT COLLEGE TO WORK FOR", BAYLOR CONSISTENTLY RANKS IN THE TOP 100 NATIONAL DOCTORAL GRANTING UNIVERSITIES BY U.S. NEWS & WORLD REPORT, AS A "BEST BUY" BY THE FISKE GUIDE TO COLLEGES, AND A "BEST VALUE" BY KIPLINGER'S PERSONAL FINANCE.
STUDENT SERVICES: BAYLOR UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES CONTRIBUTE TO STUDENTS' SPIRITUAL, SOCIAL AND PHYSICAL WELL-BEING. STUDENT SERVICES AND ACTIVITIES INCLUDE AREAS SUCH AS CAREER GUIDANCE, JOB PLACEMENT UPON GRADUATION, ENROLLMENT MANAGEMENT, STUDENT FINANCIAL AID, STUDENT ACTIVITIES, STUDENT ORGANIZATIONS, INTRAMURALS, HEALTH CENTER, BEAUCHAMP ADDICTION RECOVERY CENTER, AND INTERCOLLEGIATE ATHLETICS.
ACADEMIC SUPPORT: BAYLOR UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, AS WELL AS RESEARCH AND PUBLIC SERVICE ACTIVITIES. ACADEMIC SUPPORT SERVICES INCLUDE AREAS SUCH AS LIBRARIES, TECHNOLOGY SUPPORT, MUSEUMS AND SERVICES THAT DIRECTLY ASSIST INSTRUCTIONAL ACTIVITIES.
RESEARCH, PUBLIC SERVICE AND AUXILIARIES: OTHER PROGRAM SERVICE AREAS INCLUDE RESEARCH ACTIVITIES, PUBLIC SERVICE ACTIVITIES AND AUXILIARY ENTERPRISES OPERATED BY THE UNIVERSITY. RESEARCH ACTIVITY INCLUDES GRANTS AND CONTRACTS TO CONDUCT SPONSORED RESEARCH, PRIMARILY IN FIVE KEY INITIATIVES: HEALTH; DATA SCIENCES; MATERIALS SCIENCE; HUMAN FLOURISHING, LEADERSHIP, AND ETHICS; AND LATIN AMERICA. PUBLIC SERVICE INCLUDES ACTIVITIES WHICH PRIMARILY BENEFIT INDIVIDUALS AND ORGANIZATIONS EXTERNAL TO THE UNIVERSITY. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Regent | Trustee | 5 | $77 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aramark Facility Services Facility Maintenance | 5/30/22 | $38,830,319 |
2u Inc Online Academic Program Management | 5/30/22 | $32,240,444 |
Aramark Educational Services Educational Services | 5/30/22 | $18,509,022 |
Jt Vaughn Construction Construction Services | 5/30/22 | $16,816,725 |
Keypath Education Llc Online Program Management | 5/30/22 | $8,891,486 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $13,020,257 |
Fundraising events | $234,385 |
Related organizations | $8,507,996 |
Government grants | $29,474,424 |
All other contributions, gifts, grants, and similar amounts not included above | $79,689,558 |
Noncash contributions included in lines 1a–1f | $9,827,376 |
Total Revenue from Contributions, Gifts, Grants & Similar | $130,926,620 |
Total Program Service Revenue | $1,134,030,025 |
Investment income | $75,002,240 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $5,281,974 |
Net Rental Income | $4,023,524 |
Net Gain/Loss on Asset Sales | $984,908 |
Net Income from Fundraising Events | $65,359 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,350,314,650 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $98,347,958 |
Grants and other assistance to domestic individuals. | $378,539,827 |
Grants and other assistance to Foreign Orgs/Individuals | $441,816 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $10,578,139 |
Compensation of current officers, directors, key employees. | $6,898,261 |
Compensation to disqualified persons | $1,005,149 |
Other salaries and wages | $332,186,330 |
Pension plan accruals and contributions | $22,143,396 |
Other employee benefits | $50,880,960 |
Payroll taxes | $20,301,474 |
Fees for services: Management | $7,346,193 |
Fees for services: Legal | $4,434,513 |
Fees for services: Accounting | $265,453 |
Fees for services: Lobbying | $341,000 |
Fees for services: Fundraising | $483,051 |
Fees for services: Investment Management | $6,587,804 |
Fees for services: Other | $75,480,421 |
Advertising and promotion | $4,762,882 |
Office expenses | $32,135,445 |
Information technology | $15,302,514 |
Royalties | $172,630 |
Occupancy | $47,131,299 |
Travel | $8,993,840 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,217,732 |
Interest | $21,289,748 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $58,340,548 |
Insurance | $4,633,638 |
All other expenses | $24,281,867 |
Total functional expenses | $1,234,508,618 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $583,433 |
Savings and temporary cash investments | $308,652,355 |
Pledges and grants receivable | $107,309,364 |
Accounts receivable, net | $71,555,994 |
Loans from Officers, Directors, or Controlling Persons | $746,358 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $87,010 |
Inventories for sale or use | $659,115 |
Prepaid expenses and deferred charges | $29,848,425 |
Net Land, buildings, and equipment | $1,072,204,458 |
Investments—publicly traded securities | $16,340,204 |
Investments—other securities | $1,885,199,850 |
Investments—program-related | $6,178,568 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,499,365,134 |
Accounts payable and accrued expenses | $67,419,283 |
Grants payable | $0 |
Deferred revenue | $129,410,829 |
Tax-exempt bond liabilities | $49,350,229 |
Escrow or custodial account liability | $20,060 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,170,743 |
Unsecured mortgages and notes payable | $11,679,407 |
Other liabilities | $608,587,387 |
Total liabilities | $868,637,938 |
Net assets without donor restrictions | $942,618,288 |
Net assets with donor restrictions | $1,688,108,908 |
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 | $3,499,365,134 |
Over the last fiscal year, Baylor University has awarded $5,069,620 in support to 54 organizations.
Grant Recipient | Amount |
---|---|
MCLANE GLOBAL PURPOSE: Subcontract - Public Service | $1,982,634 |
Washington, DC PURPOSE: Subcontract - Research | $522,783 |
Ann Arbor, MI PURPOSE: Subcontract - Research | $283,975 |
Waco, TX PURPOSE: PROGRAMMING AND PRODUCTION COST ASSISTANCE | $272,374 |
UNIVERSITY OF TEXAS SW MEDICAL CENTER PURPOSE: Subcontract - Research | $227,445 |
Dallas, TX PURPOSE: Subcontract - Research | $213,193 |
Over the last fiscal year, we have identified 3 grants that Baylor University has recieved totaling $119,952.
Awarding Organization | Amount |
---|---|
Inadcure Foundation Inc Fairfield, NJ | | $89,852 |
Fellowship Southwest Dallas, TX PURPOSE: Prgram Grants for Social Work Students | $30,000 |
F M And Gloria Young Family Foundation Waco, TX PURPOSE: DAVID M. GUINN "THE GODFATHER" ENDOWED SCHOLARSHIP FUND IN LAW | $100 |
Beg. Balance | $1,829,449,463 |
Earnings | $191,747,006 |
Net Contributions | $45,014,379 |
Other Expense | $42,016,915 |
Grants | $30,577,331 |
Ending Balance | $1,993,616,602 |
Organization Name | Assets | Revenue |
---|---|---|
Texas Christian University Fort Worth, TX | $4,250,111,470 | $1,168,273,968 |
Southern Methodist University Dallas, TX | $4,000,720,929 | $1,151,429,320 |
University Of The Incarnate Word San Antonio, TX | $487,005,002 | $259,002,070 |
Trinity University San Antonio, TX | $2,152,998,026 | $314,487,625 |
Abilene Christian University Abilene, TX | $773,960,218 | $252,996,672 |
Loyola University New Orleans, LA | $507,723,751 | $180,729,254 |
St Edwards University Austin, TX | $407,674,009 | $177,051,726 |
St Marys University Of San Antonio San Antonio, TX | $377,035,263 | $162,157,507 |
Texas A&m Foundation College Station, TX | $2,465,090,742 | $282,467,067 |
Dallas Baptist University Dallas, TX | $231,209,561 | $142,120,388 |
Oral Roberts University Tulsa, OK | $267,470,829 | $191,939,533 |
Xavier University Of Louisiana New Orleans, LA | $472,117,353 | $172,171,417 |