Claremont Graduate University is located in Claremont, CA. The organization was established in 1958. 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, Claremont Graduate University employed 1,064 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Claremont Graduate 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, Claremont Graduate University generated $94.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $78.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE, INDEPENDENT, NONPROFIT INSTITUTION OF HIGHER LEARNING THAT IS A HIGH RESEARCH ACTIVITY UNIVERSITY AWARDING MASTER'S AND DOCTORAL DEGREES WITHIN ITS FIVE SCHOOLS AND THREE INDEPENDENT DEPARTMENTS.
Describe the Organization's Program Activity:
CLAREMONT GRADUATE UNIVERSITY (THE "UNIVERSITY") IS A PRIVATE, NONPROFIT, EXCLUSIVELY GRADUATE AND PROFESSIONAL RU/H RESEARCH UNIVERSITY (HIGH RESEARCH ACTIVITY). ITS FIVE SCHOOLS AND THREE INDEPENDENT DEPARTMENTS OFFER MASTER'S DEGREES IN OVER 40 FIELDS AND DOCTORAL DEGREES IN OVER 20 FIELDS. FOUNDED IN 1925, THE UNIVERSITY OFFERS PROGRAMS IN THE ARTS AND HUMANITIES, SOCIAL SCIENCE, EDUCATION, MANAGEMENT, PUBLIC HEALTH, AND BOTANY, THE LATTER IN CONJUNCTION WITH THE RANCHO SANTA ANA BOTANIC GARDEN. IT SERVES A STUDENT POPULATION OF APPROXIMATELY 2,500. THE UNIVERSITY'S MISSION IS TO PREPARE A DIVERSE GROUP OF OUTSTANDING INDIVIDUALS TO ASSUME LEADERSHIP ROLES IN THE WORLDWIDE COMMUNITY THROUGH RESEARCH, TEACHING AND PRACTICE IN SELECTED FIELDS. IN CARRYING OUT ITS MISSION, THE UNIVERSITY IS INCREASINGLY PRACTICE BASED, TRANSDISCIPLINARY, AND STUDENT-CENTERED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Len Jessup President | Officer | 40 | $480,881 |
Bernard Jaworski Faculty | 40 | $304,290 | |
Gregory Deangelo Faculty | 40 | $286,943 | |
Zachary First Executive Director Of Drucker Institute | 40 | $286,269 | |
Jason Siegel Faculty | 40 | $285,096 | |
Stephen Gilliland Faculty | 40 | $274,200 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Noodle Partners Inc Online Program Design | 6/29/21 | $612,715 |
Carbonfive Inc Digital Development And Design | 6/29/21 | $470,165 |
Epstein Becker & Green Pc Legal Services | 6/29/21 | $283,552 |
Kilter La Consulting Services | 6/29/21 | $279,478 |
Sodexo Inc & Affiliates Management Services | 6/29/21 | $246,179 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $10,238,534 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,484,951 |
Noncash contributions included in lines 1a–1f | $13,506,759 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,723,485 |
Total Program Service Revenue | $57,262,597 |
Investment income | $12,289,674 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $266,389 |
Net Gain/Loss on Asset Sales | -$757,928 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $94,587,172 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $16,352,948 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,318,773 |
Compensation of current officers, directors, key employees. | $461,830 |
Compensation to disqualified persons | $606,873 |
Other salaries and wages | $32,907,745 |
Pension plan accruals and contributions | $1,376,858 |
Other employee benefits | $3,581,702 |
Payroll taxes | $2,181,760 |
Fees for services: Management | $75,099 |
Fees for services: Legal | $376,599 |
Fees for services: Accounting | $224,281 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $516,242 |
Fees for services: Other | $2,327,782 |
Advertising and promotion | $1,172,236 |
Office expenses | $663,225 |
Information technology | $1,678,572 |
Royalties | $0 |
Occupancy | $2,830,792 |
Travel | $25,883 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $126,590 |
Interest | $1,803,216 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,439,486 |
Insurance | $352,139 |
All other expenses | $2,018,157 |
Total functional expenses | $78,178,908 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,807,476 |
Savings and temporary cash investments | $1,927,899 |
Pledges and grants receivable | $2,972,713 |
Accounts receivable, net | $2,056,358 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $250,420 |
Net Land, buildings, and equipment | $53,747,269 |
Investments—publicly traded securities | $185,716,210 |
Investments—other securities | $29,883,456 |
Investments—program-related | $397,244 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $282,759,045 |
Accounts payable and accrued expenses | $5,646,410 |
Grants payable | $0 |
Deferred revenue | $3,607,893 |
Tax-exempt bond liabilities | $32,876,566 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $6,820,000 |
Unsecured mortgages and notes payable | $2,206,886 |
Other liabilities | $5,218,094 |
Total liabilities | $56,375,849 |
Net assets without donor restrictions | $27,151,222 |
Net assets with donor restrictions | $199,231,974 |
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 | $282,759,045 |
Over the last fiscal year, we have identified 1 grants that Claremont Graduate University has recieved totaling $300,000.
Awarding Organization | Amount |
---|---|
Paul K Richter Memorial Fund Dallas, TX PURPOSE: RESEARCH AND DISSERTATION | $300,000 |
Beg. Balance | $164,868,341 |
Earnings | $57,822,509 |
Admin Expense | $516,241 |
Net Contributions | $6,388,417 |
Other Expense | $12,069,888 |
Grants | $236,499 |
Ending Balance | $216,256,639 |
Organization Name | Assets | Revenue |
---|---|---|
Chapman University Orange, CA | $2,132,825,456 | $697,718,019 |
Loyola Marymount University Los Angeles, CA | $1,676,232,440 | $723,872,616 |
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
University Of San Francisco San Francisco, CA | $1,277,161,356 | $554,812,646 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,958,910,318 | $543,668,030 |
National University San Diego, CA | $1,578,654,080 | $391,699,793 |
University Of The Pacific Stockton, CA | $1,331,534,766 | $478,311,062 |
Loma Linda University Loma Linda, CA | $1,843,254,584 | $350,502,232 |
Loma Linda University Shared Services Loma Linda, CA | $270,756,141 | $292,339,481 |
Azusa Pacific University Azusa, CA | $364,665,569 | $273,144,020 |
Biola University Inc La Mirada, CA | $495,437,445 | $217,190,577 |