Trustees Of Boston University

Organization Overview

Trustees Of Boston University is located in Boston, MA. The organization was established in 1937. 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, Trustees Of Boston University employed 25,535 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trustees Of Boston 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, Trustees Of Boston University generated $2.8b 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 $2.5b during the year ending 06/2021. While expenses have increased by 3.7% 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, Trustees Of Boston University has awarded 1,897 individual grants totaling $554,884,223. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

SEE SCHEDULE O


RESEARCH - WHAT SETS BOSTON UNIVERSITY APART AS A RESEARCH UNIVERSITY IS THE BREADTH AND DEPTH OF ITS RESEARCH AND THE UNIQUELY ENTREPRENEURIAL SPIRIT OF ITS FACULTY. RESEARCHERS AT BU ARE NOT AFRAID TO CROSS DISCIPLINARY BOUNDARIES, AS CAN BE SEEN BY STRATEGIC EFFORTS TO SUPPORT INTERDISCIPLINARY RESEARCH AND EDUCATION IN NEUROSCIENCE, RELIGION AND WORLD AFFAIRS, INTEGRATIVE BIOLOGY, CLEAN ENERGY, SUSTAINABILITY AND THE ENVIRONMENT, HEALTH CARE DELIVERY, AND GLOBAL HEALTH, TO NAME A FEW. IN EACH CASE, THE EMPHASIS IS NOT ON INTERDISCIPLINARITY FOR ITS OWN SAKE, BUT ON USING A MULTIFACETED APPROACH TO SOLVE THE IMPORTANT AND COMPLEX PROBLEMS FACING SOCIETY TODAY.


AUXILIARIES - AUXILIARY ENTERPRISES SUPPORT THE MISSION OF BOSTON UNIVERSITY BY PROVIDING ESSENTIAL SERVICES TO THE CAMPUS COMMUNITY. THEY ARE ENTERPRISES IN THAT THEY ARE GENERALLY SELF-SUPPORTING ACTIVITIES, RECOVERING THEIR COSTS THROUGH THE FEES OR PRICES THEY CHARGE FOR THEIR GOODS AND SERVICES. AT BOSTON UNIVERSITY, AUXILIARY ENTERPRISES ARE DESIGNED TO DELIVER SUPERIOR QUALITY SERVICES THAT ARE EXPECTED BY THE STUDENTS, FACULTY, STAFF AND ALUMNI.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Walsh Brothers Incorporated
Construction
$25,892,813
Suffolk Construction Company Inc
Construction
$40,782,790
Kaplan Corporation
Construction
$8,164,887
Shawmut Woodworking Supply Inc
Construction
$25,917,615
Aramark Food And Support Services I
Food & Hospitality
$11,485,823
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$621,763
Related organizations$0
Government grants $452,037,194
All other contributions, gifts, grants, and similar amounts not included above$219,071,237
Noncash contributions included in lines 1a–1f $10,685,298
Total Revenue from Contributions, Gifts, Grants & Similar$671,730,194
Total Program Service Revenue$1,886,153,261
Investment income $16,648,247
Tax Exempt Bond Proceeds $102
Royalties $3,149,092
Net Rental Income $11,324,091
Net Gain/Loss on Asset Sales $238,092,076
Net Income from Fundraising Events $164,434
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,827,583,539

Grants Awarded

Over the last fiscal year, Trustees Of Boston University has awarded $141,098,511 in support to 289 organizations.

Grant RecipientAmount

INTEGRATED BIOTHERAPEUTICS

PURPOSE: RESEARCH Research Research

$10,427,336

PATTERN BIOSCIENCE INC

PURPOSE: RESEARCH Research Research

$5,276,775

VENATORX PHARMACEUTICALS INC

PURPOSE: Charitable donation Research

$4,617,212

SERES THERAPEUTICS INC

PURPOSE: RESEARCH Research Research

$4,502,173

FORGE THERAPEUTICS INC

PURPOSE: RESEARCH Research Research

$4,373,018

DAY ZERO DIAGNOSTICS INC

PURPOSE: RESEARCH Research Research

$4,235,131
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Trustees Of Boston University has recieved totaling $1,525,000.

Awarding OrganizationAmount
Bahamdan Foundation Inc

Cambridge, MA

PURPOSE: PROFESSORSHIP FOR EARLY CHILDHOOD WELL-BEING

$1,500,000
Mackenzies Mission

Great Falls, VA

PURPOSE: Support of amyloidosis research.

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,421,115,000
Earnings$981,004,273
Admin Expense$10,167,602
Net Contributions$80,427,257
Other Expense$56,172,716
Grants$23,693,212
Ending Balance$3,392,513,000

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Quinnipiac University
Hamden, CT
$531,949,834
Brandeis University
Waltham, MA
$399,602,478
Johnson & Wales University
Providence, RI
$403,272,641
Bar Ilan University In Israel
New York, NY
$462,229,998

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