Quinnipiac University

Quinnipiac University Overview

Quinnipiac University is located in Hamden, CT. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Quinnipiac University employed 5,471 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Quinnipiac University generated $499.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $468.6m during the year ending 06/2020. While expenses have increased by 3.3% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PREPARE GRADUATES AS ENLIGHTENED GLOBAL CITIZENS EQUIPPED FOR 21ST-CENTURY CAREERS. (SEE SCH O) QUINNIPIAC UNIVERSITY ("QU") IS A PRIVATE, COEDUCATIONAL UNIVERSITY WHERE STUDENTS ENGAGE IN AN EDUCATIONAL EXPERIENCE THAT'S BOTH PERSONAL AND CHALLENGING FROM FACULTY WHO CARE DEEPLY ABOUT STUDENT OUTCOMES. QU IS AN INSTITUTION OF HIGHER EDUCATION, WHICH IS ACCREDITED BY THE BOARD OF HIGHER EDUCATION OF THE STATE OF CONNECTICUT AND THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. ITS PURPOSE IS TO OFFER PROGRAMS OF INSTRUCTION LEADING TO UNDERGRADUATE AND GRADUATE DEGREES IN A WIDE RANGE OF PROFESSIONAL FIELDS. QU OFFERS 150 PROGRAMS TO APPROXIMATELY 6,600 UNDERGRADUATE AND 3,000 GRADUATE STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS: INCLUDES THE PROVISION OF INSTRUCTION AS WELL AS RESEARCH ACTIVITIES. QUINNIPIAC UNIVERSITY OFFERS PROGRAMS OF INSTRUCTION LEADING TO UNDERGRADUATE AND GRADUATE DEGREES IN A WIDE RANGE OF PROFESSIONAL FIELDS RELATING TO HEALTH SCIENCES, BUSINESS LAW, AND COMMUNICATIONS, AS WELL AS IN VARIOUS THEORETICAL AND APPLIED DISCIPLINES OF ARTS AND SCIENCE. THE UNIVERSITY HAS APPROXIMATELY 6,600 FULL-TIME UNDERGRADUATE, 300 PART-TIME UNDERGRADUATE, AND 2,800 FULL-TIME AND PART-TIME GRADUATE ENROLLED STUDENTS.EFFECTIVE JULY 1, 2019, QUINNIPIAC UNIVERSITY ONLINE, INC. MERGED INTO QUINNIPIAC UNIVERSITY. THIS MERGER ENHANCED THE UNIVERSITIES ABILILITY TO PROVIDE ONLINE EDUCATION. (SEE SCHEDULE O)THIS ADDITIONAL CAPABILITY WAS ESSENTIAL TO THE EFFECTIVE FUNCTIONING OF OUR INSTITUTION DURING THE COVID-19 CRISIS.


AUXILIARY SERVICES: INCLUDES THE PROVISION OF DORMITORY AND DINING SERVICES FOR RESIDENTIAL STUDENTS AS WELL AS UPKEEP FOR STUDENT FACILITIES. STUDENTS AT QU DO MORE THAN EARN A DEGREE. THEY ARE PART OF A VIBRANT COMMUNITY WHERE STUDENTS RALLY AROUND COMMON INTERESTS, PASSIONS AND CAUSES. STUDENT'S LIVE IN A DIVERSE COMMUNITY IN AN ENVIRONMENT PURPOSEFULLY DESIGNED TO CREATE A HEALTHY AND ACTIVE LIFESTYLE. AS A RESULT OF COVID-19 PANDEMIC, THE UNIVERSITY DECIDED TO CLOSE THE RESIDENTIAL CAMPUS EFFECTIVE MARCH 15, 2020.


STUDENT SERVICE PROGRAMS: INCLUDES THE PROVISION FOR PROGRAMS AND SERVICES SUPPORTING THE STUDENT LIFE PROGRAM AND EXPENDITURES RELATING TO STUDENT FINANCIAL AID. QUINNIPIAC UNIVERSITY HAS A VAST ARRAY OF SERVICES TO SUPPORT ITS STUDENTS INCLUDING, BUT NOT LIMITED TO, HEALTH & WELLNESS COUSELING AND SUPPORT, FINANCIAL AID GUIDANCE, ATHLETICS AND RECREATION, CLUBS AND ACTIVITIES, SPIRITUAL AND RELIGIOUS LIFE.


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Quinnipiac University Vendors

Vendor Name (Service)Compensation
Strategic Spaces Llc
Interior Construction And Furniture
$743,257
Apicella Bunton Architects Llc
Architect
$1,040,926
Duffy Law Llc
Lawyers
$500,000
Wiggin & Dana
Lawyers
$440,938
Centerbrook
Architect
$425,786
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,301,274
All other contributions, gifts, grants, and similar amounts not included above$5,152,025
Noncash contributions included in lines 1a–1f $386,657
Total Revenue from Contributions, Gifts, Grants & Similar$12,453,299
Total Program Service Revenue$476,818,180
Investment income $13,578,565
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $285,505
Net Gain/Loss on Asset Sales -$5,099,937
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $499,698,237

Quinnipiac University Grants Recieved

Over the last fiscal year, we have identified 24 grants that Quinnipiac University has recieved totaling $339,667.

Awarding OrganizationAmount
Uw Harold S Geneen Charitable Tr

Providence, RI

PURPOSE: SUPPORTS MULTIPLE

$85,000
The United Company Foundation

Bristol, VA

PURPOSE: EDUCATION - TUITION

$77,759
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$37,331
Community Partners

Los Angeles, CA

PURPOSE: HIGHER EDUCATION IN PRISON COHORT PROGRAM: PROVIDES COLLEGE EDUCATION RESOURCES TO INCARCERATED INVIDUALS

$25,000
Community Foundation Of Western Massachusetts

Springfield, MA

PURPOSE: CENTRAL EUROPEAN INSTITUTE; SCHOLARSHIPS

$21,000
Hungary Initiatives Foundation Inc

Washington, DC

PURPOSE: EDUCATION & RESEARCH

$14,860
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$556,603,870
Earnings-$4,092,676
Admin Expense$3,176,426
Net Contributions$534,710
Grants$4,735,162
Ending Balance$545,134,316

Quinnipiac University Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$936,054,028
Rochester Institute Of Technology
Rochester, NY
$849,584,640
St Johns University New York
Jamaica, NY
$810,687,746
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$592,927,157
Rockefeller University
New York, NY
$455,447,251
American University Of Beirut
New York, NY
$608,300,843
Brandeis University
Waltham, MA
$457,392,877
Quinnipiac University
Hamden, CT
$499,698,237
Johnson & Wales University
Providence, RI
$403,272,641
Long Island University
Brookville, NY
$425,246,385

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