Trustees Of Tufts College

Organization Overview

Trustees Of Tufts College, operating under the name Tufts University, is located in Somerville, MA. The organization was established in 1932. 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, Tufts University employed 11,593 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tufts 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, Tufts University generated $1.3b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.1b during the year ending 06/2021. While expenses have increased by 2.9% 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, Tufts University has awarded 971 individual grants totaling $161,703,305. 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

EDUCATION AND RESEARCH

Describe the Organization's Program Activity:

INSTRUCTION - DURING THE 2020-2021 ACADEMIC YEAR, THE FOLLOWING DEGREES WERE CONFERRED: 1,381 UNDERGRADUATE, 1,574 GRADUATE, 540 PROFESSIONAL AND 192 CERTIFICATE.


RESEARCH -THERE WERE 2,142 GOVERNMENT AND 1,026 NON-GOVERNMENT GRANTS ACTIVE IN FISCAL YEAR 2021. SPONSORED RESEARCH AT TUFTS WAS PERFORMED IN THE MEDICAL, DENTAL, AND VETERINARY SCHOOLS AS WELL AS IN THE BASIC SCIENCE DEPARTMENTS OF ARTS & SCIENCE & ENGINEERING. RESEARCH IS ALSO BEING PERFORMED AT THE USDA HUMAN NUTRITION RESEARCH CENTER ON AGING. ALSO, CLINICAL AND OTHER RESEARCH ACTIVITIES INCLUDE 30 CLINICS THAT ARE OPERATED BY THE DENTAL AND VETERINARY SCHOOLS TO TRAIN STUDENTS AND SUPPORT THEIR RESEARCH. OTHER EDUCATIONAL ACTIVITIES INCLUDE, AMONG OTHERS, VETERINARY SCHOOL NEWSLETTERS AND CONTINUING EDUCATION PROGRAMS FOR HEALTH SCHOOL PROFESSIONALS.


AUXILIARY ENTERPRISES - ACTIVITIES PRIMARILY CONSIST OF SERVICES FOR STUDENTS, INCLUDING STUDENT HOUSING, DINING SERVICES AND HEALTH SERVICES. DURING THE 2021 FISCAL YEAR THERE WERE 50 RESIDENCE HALLS HOUSING 3,074 STUDENTS. APPROXIMATELY 3,429 MEAL PLANS WERE SOLD TO STUDENTS EACH SEMESTER.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clinical Research Sequencing Platform
Scientific Services
$10,855,730
C&w Facility Services Inc
Cleaning
$11,754,801
Pro Con Inc
Architecture & Interior Design
$29,505,729
Bond Brothers Inc
Construction
$6,253,097
Windover Construction Inc
Construction
$4,038,179
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$403,379
Related organizations$0
Government grants $177,877,544
All other contributions, gifts, grants, and similar amounts not included above$135,152,665
Noncash contributions included in lines 1a–1f $12,117,244
Total Revenue from Contributions, Gifts, Grants & Similar$313,433,588
Total Program Service Revenue$798,411,960
Investment income $17,652,321
Tax Exempt Bond Proceeds $0
Royalties $538,242
Net Rental Income -$123,513
Net Gain/Loss on Asset Sales $198,403,380
Net Income from Fundraising Events -$114,356
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,328,201,622

Grants Awarded

Over the last fiscal year, Trustees Of Tufts College has awarded $24,925,843 in support to 140 organizations.

Grant RecipientAmount

TUFTS MEDICAL CENTER

Org PageRecipient Profile

Boston, MA

PURPOSE: SUBCONTRACT GRANT AWARD

$9,833,728

MASS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SUBCONTRACT GRANT AWARD

$1,082,187

ARIZONA STATE UNIVERSITY

PURPOSE: SUBCONTRACT GRANT AWARD

$793,846

NORTHEASTERN UNIVERSITY

Org PageRecipient Profile

Boston, MA

PURPOSE: SUBCONTRACT GRANT AWARD

$631,783

AMERICAN INSTITUTE FOR RESEARCH

Org PageRecipient Profile

Arlington, VA

PURPOSE: SUBCONTRACT GRANT AWARD

$562,967

CLIMATEWORKS FOUNDATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: SUBCONTRACT GRANT AWARD

$507,410
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Trustees Of Tufts College has recieved totaling $25,000.

Awarding OrganizationAmount
Mackenzies Mission

Great Falls, VA

PURPOSE: Support of amyloidosis research.

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,937,273,772
Earnings$724,280,771
Admin Expense$5,641,834
Net Contributions$135,758,727
Other Expense$64,642,354
Grants$28,499,308
Ending Balance$2,698,529,774

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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