Educational Organization

The University of Chicago

Chicago, IL • The University of Chicago is a private, nondenominational, culturally rich and ethnically diverse coeducational research university located in Hyde Park, Chicago.

The University of Chicago
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The University of Chicago

Introduction

The University of Chicago is a educational organization university. With $3.7bn in revenue and 24601 employees, it is a relatively large organization. Founded in 1951, The University of Chicago is headquartered in Chicago, IL. The organization is notable for its healthy financials, spending 84% directly on its programs. In recent tax filings, the organization reported expenses of $3.5bn.

This profile was created with publicly available data obtained from the Internal Revenue Service and the nonprofit organization’s website. ALMA has no affiliation with this organization and has not independently verified this information or otherwise vetted the charity.

The University of Chicago

$3.5bn

Annual Budget
2017
Program Spend
83%
Fundraising Spend
2%
Management Spend
14%
Founded
1951
EIN
36-2177139
Headquarters
Chicago, IL
# Employees
24601
# Volunteers
8081
IRS Filings
Other Ratings
The University of Chicago

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Recent tax return data

Mission and Work

Mission

The mission of The UNIVERSITY OF Chicago has been to sustain at the highest level of excellence, the communication of knowledge, the creation of knowledge and the fostering of a dynamic community of scholars and students.

INSTRUCTIONIN 2017

$1.3bn annual program spend • 2018, the university enrolled 16,445 students, of that total, 6,286 were undergraduate students in the college (the university's undergraduate school), 4,021 were graduate students, 5,519 were students in the university's professional schools and 619 were non-degree students.

Program 2

$774m annual program spend • ResearchUNIVERSITY OF Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2017-2018 the university was awarded a total of $514 million in research funding from federal agencies, non-federal government entities, corporations, foundations and other sources. This fiscal year $348 million was expended from federal government sponsors of research, with the U.S. department of health and human services and the national science foundation providing the largest amounts of funding. Corporate research sponsorship awards totaled $83.2 million, followed by foundation research sponsorship of $51.4million. The university also conducts scientific research in collaboration with argonne national laboratory, owned by the united states government and operated by the university through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. department of energy. Argonne is a multi-purpose science laboratory with a $771.2 million annual budget and approximately 3500 employees. Program service research expenditures were $423.6 million and are included in the research program service expense amount, as is required for a disregarded entity.in addition, fermi research alliance, , an entity jointly owned by the university and universities research association ., operates fermi national accelerator laboratory ("fermilab") for the U.S. department of energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $401 million annual budget and approximately 1800 employees.

Program 3

$435m annual program spend • Scholarships & fellowshipsthe university is a need blind institution with an extensive financial aid program which is designed to enable the most qualified students to attend the university regardless of their financial circumstances. For the 2017-2018 academic year, approximately 60 % of all students in the college received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $434.6 million. Of this amount, approximately $321.8 million was provided from unrestricted funds; the remaining $112.8 million came from restricted sources.approximately 20% of students in the college (the university's undergraduate college) currently receive odyssey scholarships. The odyssey scholarships provide increased access for low-income and moderate-income students by providing scholarship support for first generation students and students with family incomes typically below $90,000. The odyssey scholarship also provides funds for other educational opportunities like study abroad, and providing a paid internship after the student's first year in the college.in october 2014, the university launched the no barriers program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the university with direct grants.the university expanded its graduate aid initiative, a program that invests approximately $310,000 in the education of each ph.d. student in the humanities, social sciences and divinity school. These programs are in addition to the university's longstanding commitment to financial assistance for students.

Where their money goes

Grants made

These are some of the grants The University of Chicago has made in recent years to other charities.

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3 grant(s) totaling $2.4m

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3 grant(s) totaling $4.7m

Nonprofit

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3 grant(s) totaling $2.8m

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3 grant(s) totaling $3.1m

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3 grant(s) totaling $1.7m

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Chicago, ILNORC at the University of Chicago is an independent, non-partisan research institution that helps governments, nonprofits, and businesses make better decisions through reliable data and rigorous analysis.
3 grant(s) totaling $2.3m

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3 grant(s) totaling $2.3m

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3 grant(s) totaling $3.6m

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Your donation will be made to a donor advised fund at Philanthropic Ventures Foundation (PVF), a 501(c)3 public charity, EIN 94-3136771, with a recommendation that PVF make a corresponding grant to The University of Chicago. ALMA works with PVF in order to facilitate donations to charities. Please see our Terms of Use and FAQs to learn more about the donation process.