Columbia University In The City Of New York
- Assets
- $21.0b
- Revenue
- $5.9b
- Investments
- $10.1b
- Employees
- 38,186
- Location
- New York, NY
- Founding
- 01/1974
- Data as of
- 06/2020
- EIN
- 13-5598093
Organization Overview
Columbia University In The City Of New York is located in New York, NY. The organization was established in 1974. 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, Columbia University In The City Of New York employed 38,186 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.
For the year ending 06/2020, Columbia University In The City Of New York generated $5.9b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $5.5b during the year ending 06/2020. While expenses have increased by 4.7% 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.
Since 2015, Columbia University In The City Of New York has awarded 2,429 individual grants totaling $725,790,509. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHMENT 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK IS A PRIVATE, NONSECTARIAN, NONPROFIT INSTITUTION OF HIGHER EDUCATION WHOSE ACTIVITIES ARE CONCENTRATED AT TWO LOCATIONS IN NEW YORK CITY AND EXTEND ACROSS THE GLOBE. THE UNIVERSITY PROVIDES INSTRUCTION THROUGH SIXTEEN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL SCHOOLS. IT OPERATES A VARIETY OF RESEARCH INSTITUTES AND A LIBRARY SYSTEM TO SUPPORT ITS TEACHING, LEARNING, AND RESEARCH ACTIVITIES. THE UNIVERSITY ENROLLS APPROXIMATELY 33,413 FULL-TIME AND PART-TIME STUDENTS AND EMPLOYS APPROXIMATELY 18,430 FULL-TIME EMPLOYEES, INCLUDING 6,662 FULL-TIME FACULTY MEMBERS AND RESEARCH STAFF.
THE UNIVERSITY, THROUGH THE COLUMBIA UNIVERSITY IRVING MEDICAL CENTER AND ITS MEDICAL FACULTY PRACTICE PLAN, PROVIDES DIRECT PATIENT CARE AND OTHER CLINICAL AND EDUCATIONAL SERVICES TO HOSPITALS AND OTHER HEALTH CARE INSTITUTIONS THROUGH CONTRACTUAL AGREEMENTS FOR SERVICES. THE CLINICAL FACULTY HANDLED APPROXIMATELY 2 MILLION OUTPATIENT AND EMERGENCY ROOM VISITS AND PARTICIPATED IN INSTRUCTION AND SUPERVISION OF 597 UNIVERSITY MEDICAL STUDENTS AND 955 RESIDENTS AND FELLOWS AT NEW YORK PRESBYTERIAN HOSPITAL.
THE UNIVERSITY PERFORMS RESEARCH, TRAINING, AND OTHER SERVICES UNDER GRANTS AND CONTRACTS WITH AGENCIES OF THE FEDERAL GOVERNMENT AND OTHER SPONSORING ORGANIZATIONS.
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK IS A PRIVATE, NONSECTARIAN, NONPROFIT INSTITUTION OF HIGHER EDUCATION WHOSE ACTIVITIES ARE CONCENTRATED AT TWO LOCATIONS IN NEW YORK CITY AND EXTEND ACROSS THE GLOBE. THE UNIVERSITY PROVIDES INSTRUCTION THROUGH SIXTEEN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL SCHOOLS. IT OPERATES A VARIETY OF RESEARCH INSTITUTES AND A LIBRARY SYSTEM TO SUPPORT ITS TEACHING, LEARNING, AND RESEARCH ACTIVITIES. THE UNIVERSITY ENROLLS APPROXIMATELY 33,413 FULL-TIME AND PART-TIME STUDENTS AND EMPLOYS APPROXIMATELY 18,430 FULL-TIME EMPLOYEES, INCLUDING 6,662 FULL-TIME FACULTY MEMBERS AND RESEARCH STAFF.
THE UNIVERSITY, THROUGH THE COLUMBIA UNIVERSITY IRVING MEDICAL CENTER AND ITS MEDICAL FACULTY PRACTICE PLAN, PROVIDES DIRECT PATIENT CARE AND OTHER CLINICAL AND EDUCATIONAL SERVICES TO HOSPITALS AND OTHER HEALTH CARE INSTITUTIONS THROUGH CONTRACTUAL AGREEMENTS FOR SERVICES. THE CLINICAL FACULTY HANDLED APPROXIMATELY 2 MILLION OUTPATIENT AND EMERGENCY ROOM VISITS AND PARTICIPATED IN INSTRUCTION AND SUPERVISION OF 597 UNIVERSITY MEDICAL STUDENTS AND 955 RESIDENTS AND FELLOWS AT NEW YORK PRESBYTERIAN HOSPITAL.
THE UNIVERSITY PERFORMS RESEARCH, TRAINING, AND OTHER SERVICES UNDER GRANTS AND CONTRACTS WITH AGENCIES OF THE FEDERAL GOVERNMENT AND OTHER SPONSORING ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Gerald Lenke Professor Of Surgery | 60 | $6,854,636 | |
David N Silvers Clinical Professor | 60 | $4,370,686 | |
Kiehyun Daniel Riew Professor Of Surgery | 60 | $4,163,116 | |
Peter Holland CEO & Exec VP Of Inv Mgmt | Officer | 60 | $3,790,013 |
Lee Goldman Exec VP For Health Sciences | Officer | 60 | $3,624,012 |
Ronald Arthur Lehman Jr Professor Of Surgery | 60 | $3,484,664 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ideal Interiors Group Llc Construction Srvcs | 6/29/20 | $4,601,888 |
Turner Construction Co Construction Srvcs | 6/29/20 | $175,326,582 |
Turner Construction Co Construction Srvcs | 6/29/20 | $175,326,582 |
Sysco Food Services Of Metro New Yo Food Services | 6/29/20 | $9,368,695 |
Hudson Heart Management Llc Medical Services | 6/29/20 | $8,056,206 |
Hudson Heart Management Llc Medical Services | 6/29/20 | $8,056,206 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,470,803 |
| Related organizations | $0 |
| Government grants | $1,018,877,068 |
| All other contributions, gifts, grants, and similar amounts not included above | $772,237,657 |
| Noncash contributions included in lines 1a–1f | $32,541,641 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,795,585,528 |
| Total Program Service Revenue | $3,385,080,205 |
| Investment income | $52,664,631 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $29,817,170 |
| Net Rental Income | $29,121,920 |
| Net Gain/Loss on Asset Sales | $581,888,359 |
| Net Income from Fundraising Events | $587,260 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,943,395,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,798,688 |
| Grants and other assistance to domestic individuals. | $623,991,106 |
| Grants and other assistance to Foreign Orgs/Individuals | $28,528,048 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,476,871 |
| Compensation of current officers, directors, key employees. | $12,925,053 |
| Compensation to disqualified persons | $160,647 |
| Other salaries and wages | $2,718,964,643 |
| Pension plan accruals and contributions | $200,702,823 |
| Other employee benefits | $284,626,311 |
| Payroll taxes | $145,112,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,174,693 |
| Fees for services: Accounting | $2,259,779 |
| Fees for services: Lobbying | $579,500 |
| Fees for services: Fundraising | $1,598,925 |
| Fees for services: Investment Management | $10,922,247 |
| Fees for services: Other | $255,768,615 |
| Advertising and promotion | $13,178,070 |
| Office expenses | $237,582,203 |
| Information technology | $36,736,489 |
| Royalties | $0 |
| Occupancy | $217,929,057 |
| Travel | $60,113,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,288,805 |
| Interest | $52,815,610 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $291,736,122 |
| Insurance | $54,762,624 |
| All other expenses | $26,484,296 |
| Total functional expenses | $5,533,207,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,028,898,405 |
| Pledges and grants receivable | $697,871,042 |
| Accounts receivable, net | $433,664,788 |
| Loans from Officers, Directors, or Controlling Persons | $2,758,137 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $99,172,284 |
| Inventories for sale or use | $2,222,053 |
| Prepaid expenses and deferred charges | $58,638,790 |
| Net Land, buildings, and equipment | $5,828,814,177 |
| Investments—publicly traded securities | $1,111,497,093 |
| Investments—other securities | $10,139,709,411 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $553,444,164 |
| Total assets | $20,956,690,344 |
| Accounts payable and accrued expenses | $438,549,386 |
| Grants payable | $0 |
| Deferred revenue | $341,209,996 |
| Tax-exempt bond liabilities | $1,977,924,334 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $555,562,142 |
| Other liabilities | $1,384,228,894 |
| Total liabilities | $4,697,474,752 |
| Net assets without donor restrictions | $7,261,312,273 |
| Net assets with donor restrictions | $8,997,903,319 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,956,690,344 |
Grants Awarded
Over the last fiscal year, Columbia University In The City Of New York has awarded $238,250,198 in support to 708 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: Capital Contr | $11,564,712 |
New York, NY PURPOSE: Capital Contr | $11,564,712 |
CORNELL UNIVERSITY MEDICAL COLLEGE PURPOSE: Research | $6,240,451 |
CORNELL UNIVERSITY MEDICAL COLLEGE PURPOSE: Research | $6,240,451 |
Menands, NY PURPOSE: Program Services | $4,222,609 |
Menands, NY PURPOSE: Program Services | $4,222,609 |
Grants Recieved
Over the last fiscal year, we have identified 40 grants that Columbia University In The City Of New York has recieved totaling $6,552,842.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $3,273,284 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $590,454 |
Hispanic Scholarship Fund Gardena, CA PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS | $427,677 |
Alpha-1 Foundation Inc Miami, FL PURPOSE: Research | $256,333 |
Amyotrophic Lateral Sclerosis Assn Arlington, VA PURPOSE: STRATEGIC INITIATIVE | $205,000 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $188,074 |
Endowment Analysis
| Beg. Balance | $10,950,738,000 |
| Earnings | $562,702,000 |
| Admin Expense | $43,523,000 |
| Net Contributions | $400,986,000 |
| Other Expense | $472,489,000 |
| Grants | $141,393,000 |
| Ending Balance | $11,257,021,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fordham University Bronx, NY | $2,146,125,008 | $936,054,028 |
Rochester Institute Of Technology Rochester, NY | $2,165,976,339 | $849,584,640 |
St Johns University New York Jamaica, NY | $1,490,909,375 | $810,687,746 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Villanova University Villanova, PA | $1,878,489,443 | $644,725,997 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,235,224,804 | $592,927,157 |
Rockefeller University New York, NY | $3,879,645,094 | $455,447,251 |
Lehigh University Bethlehem, PA | $2,533,120,795 | $506,773,429 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Brandeis University Waltham, MA | $1,638,021,472 | $457,392,877 |
Seton Hall University South Orange, NJ | $814,560,000 | $456,494,000 |