Suffolk University

Organization Overview

Suffolk 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, Suffolk University employed 3,043 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suffolk 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, Suffolk University generated $328.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $335.0m during the year ending 06/2021. While expenses have increased by 2.2% 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, Suffolk University has awarded 33 individual grants totaling $7,332,653. 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:

THE COLLEGE OF ARTS AND SCIENCES PREPARES STUDENTS OF ALL AGES AND BACKGROUNDS TO LIVE MORE FULFILLING LIVES, TO APPRECIATE AND CONTRIBUTE TO THE COMMUNITIES OF WHICH THEY ARE MEMBERS AND TO REACH THEIR ETHICAL, PERSONAL, INTELLECTUAL AND FINANCIAL GOALS. TO HELP ITS STUDENTS MAXIMIZE THEIR POTENTIAL, THE COLLEGE EMPHASIZES CRITICAL AND ANALYTICAL THINKING THROUGH A RIGOROUS "SUCCESS SKILLS" UNDERGRADUATE CORE PROGRAM IN WRITTEN AND ORAL COMMUNICATION, COMPUTING, ANALYZING, AND INTEGRATING. FACULTY SCHOLARSHIP SUPPORTS DIVERSIFIED LIBERAL ARTS CONCENTRATIONS AVAILABLE IN THE HUMANITIES, THE NATURAL SCIENCES AND THE SOCIAL SCIENCES, ALONG WITH GRADUATE PROGRAMS IN SEVERAL FIELDS, MOST OFFERING CAREER-RELATED PROFESSIONAL PROGRAM TRACKS AND PRACTICAL EXPERIENCE ON OR OFF CAMPUS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.


THE SAWYER BUSINESS SCHOOL (SBS) CREATES A LEARNING ENVIRONMENT THAT ENABLES STUDENTS TO EMERGE AS SUCCESSFUL LEADERS IN THE PRACTICE OF GLOBAL BUSINESS AND PUBLIC SERVICES. THE SBS VALUES EXCELLENCE IN EDUCATION AND RESEARCH, AND WORKS WITH ITS STUDENTS, ALUMNI, AND BUSINESS PARTNERS TO ACHIEVE THEIR GOALS. THE PROGRAMS ARE BUILT ON THE CORE VALUES OF PROMOTING OPPORTUNITY, EXCELLENCE, QUALITY TEACHING, INCLUSION AND COLLABORATION, AND EXCEPTIONAL SERVICE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.


THE LAW SCHOOL IS DEDICATED TO WELCOMING STUDENTS FROM ALL BACKGROUNDS AND CIRCUMSTANCES AND EDUCATING THEM TO BECOME HIGHLY SKILLED AND ETHICAL LAWYERS WHO ARE WELL-PREPARED TO SERVE IN THEIR LOCAL COMMUNITIES, ACROSS THE NATION, AND AROUND THE WORLD. THE LAW SCHOOL SEEKS TO DEVELOP IN ITS STUDENTS THE SKILLS NECESSARY TO SERVE THE PROFESSION'S CHANGING NEEDS IN AN INCREASINGLY DIVERSE, GLOBAL, AND TECHNOLOGICALLY-DEPENDENT SOCIETY. THE LAW SCHOOL'S GOAL IS TO PROVIDE ITS STUDENTS WITH ACCESS TO AN EXCELLENT LEGAL EDUCATION, INSPIRE A COMMITMENT TO JUSTICE, AND PROVIDE ITS GRADUATES THE OPPORTUNITY TO ACHIEVE THEIR CAREER ASPIRATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Marisa Kelly
President
$650,284
Julie Sandell
Provost
$393,408
Laura Sander
Senior Vp/treasurer
$359,584
Andrew Perlman
Dean
$351,219
Colm Renehan
Svp/advancement
$307,301
Asako M Toyoda
Dean
$286,615

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clinical Research Sequencing Platform Ll
Covid Testing
$2,475,000
Keypath Education Llc
On-line Education
$1,657,173
Collaborative Solutions Llc
Implementation Consulting
$1,605,443
Abm Industry Groups Llc
Facilities Maintenance & Cleaning
$13,041,852
Cj Washington St Spe Llc
Housing Services
$1,403,860
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$96,365
Related organizations$0
Government grants $10,148,065
All other contributions, gifts, grants, and similar amounts not included above$23,975,774
Noncash contributions included in lines 1a–1f $3,605,554
Total Revenue from Contributions, Gifts, Grants & Similar$34,220,204
Total Program Service Revenue$280,793,924
Investment income $7,798,727
Tax Exempt Bond Proceeds $343,869
Royalties $0
Net Rental Income $1,338,564
Net Gain/Loss on Asset Sales $198,273
Net Income from Fundraising Events -$1,112
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $328,281,555

Grants Awarded

Over the last fiscal year, Suffolk University has awarded $153,100 in support to 4 organizations.

Grant RecipientAmount

FUND FOR PARKS AND RECREATION IN BOSTON

PURPOSE: GENERAL SUPPORT

$100,000

BOSTON PLANNING AND DEVELOPMENT AGENCY

PURPOSE: GENERAL SUPPORT

$30,000

EAST BOSTON HIGH SCHOOL

PURPOSE: GENERAL SUPPORT

$15,000

CAMBRIDGE STREET COMMUNITY DEVELOPMENT CORPORATION

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL SUPPORT

$8,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Suffolk University has recieved totaling $19,500.

Awarding OrganizationAmount
Franklin H Putnam Trust 1 1053 1

Dallas, TX

PURPOSE: SCHOLARSHIPS

$10,000
Mutual One Charitable Foundation

Framingham, MA

PURPOSE: GENERAL SUPPORT

$5,000
Halbert Joseph Tua Scholarships

Dallas, TX

PURPOSE: SCHOLARSHIP

$3,000
Baker-Adams Scholarship Fund 059-1265282

Dallas, TX

PURPOSE: SCHOLARSHIP

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$246,207,460
Earnings$70,359,613
Admin Expense$1,245,740
Net Contributions$4,158,087
Other Expense$11,312,379
Grants$2,471,652
Ending Balance$305,695,389

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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