University Of Pittsburgh
- Assets
- $8.0b
- Revenue
- $2.8b
- Investments
- $3.1b
- Employees
- 28,696
- Location
- Pittsburgh, PA
- Founding
- 03/2017
- Data as of
- 06/2020
- EIN
- 25-0965591
Organization Overview
University Of Pittsburgh is located in Pittsburgh, PA. The organization was established in 2017. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2020, University Of Pittsburgh employed 28,696 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, University Of Pittsburgh generated $2.8b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.8b during the year ending 06/2020. While expenses have increased by 3.9% 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, University Of Pittsburgh has awarded 1,975 individual grants totaling $531,198,148. 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
TO PROVIDE HIGH QUALITY EDUCATIONAL SERVICES, RESEARCH, AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - INCLUDES EXPENDITURES FOR ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES WHETHER COMMISSIONED BY AN EXTERNAL AGENCY OR BUDGETED BY A UNIT.
INSTRUCTION - INCLUDES EXPENDITURES FOR ACTIVITIES OF THE INSTITUTION'S INSTRUCTION PROGRAMS.
ACADEMIC SUPPORT - INCLUDES EXPENDITURES IN SUPPORT OF THE UNIVERSITY'S PRIMARY MISSIONS - INSTRUCTION, RESEARCH, AND PUBLIC SERVICE.
EXPENSES GRANTS REVENUESTUDENT SERVICES 207,993,140 SCHOLARSHIPS AND FELLOWSHIPS 240,068,533 240,068,533AUXILIARY ENTERPRISES 146,919,154 117,844,487LIBRARIES 51,128,512PUBLIC SERVICE 93,202,557 819,040
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick R Narduzzi Head Football Coach | 40 | $4,763,543 | |
Fjeffrey Capel III Head Men's Basketball Coach | 40 | $3,491,814 | |
David Thaw Professor | 40 | $2,078,666 | |
Patrick D Gallagher Chancellor / CEO | OfficerTrustee | 40 | $1,159,142 |
S Shawn Watson Former Assistant Football Coach | 40 | $1,003,004 | |
Arthur S Levine Sr Vice Chancellor, Health Sciences (thru 6/1/2020 | Officer | 40 | $947,516 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Food Service | 6/29/20 | $38,097,838 |
Mascaro Construction Co Lp Construction | 6/29/20 | $18,740,480 |
Pj Dick Inc Construction | 6/29/20 | $13,421,234 |
Turner Construction Co Construction | 6/29/20 | $9,893,063 |
Carnegie Mellon University Research Subcontracts | 6/29/20 | $8,019,789 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,194,017 |
| Related organizations | $391,875 |
| Government grants | $210,816,520 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,317,800 |
| Noncash contributions included in lines 1a–1f | $5,776,714 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,720,212 |
| Total Program Service Revenue | $2,249,337,245 |
| Investment income | $59,067,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,375,659 |
| Net Rental Income | $8,770,186 |
| Net Gain/Loss on Asset Sales | $211,081,030 |
| Net Income from Fundraising Events | -$1,488,001 |
| Net Income from Gaming Activities | $54,686 |
| Net Income from Sales of Inventory | $2,557,258 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,841,711,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $89,262,445 |
| Grants and other assistance to domestic individuals. | $240,118,098 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,222,991 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,999,179 |
| Compensation of current officers, directors, key employees. | $4,807,557 |
| Compensation to disqualified persons | $2,583,767 |
| Other salaries and wages | $1,155,503,744 |
| Pension plan accruals and contributions | $103,967,796 |
| Other employee benefits | $249,215,320 |
| Payroll taxes | $72,034,474 |
| Fees for services: Management | $463,490 |
| Fees for services: Legal | $9,746,270 |
| Fees for services: Accounting | $1,095,045 |
| Fees for services: Lobbying | $920,445 |
| Fees for services: Fundraising | $237,443 |
| Fees for services: Investment Management | $49,434,154 |
| Fees for services: Other | $185,894,283 |
| Advertising and promotion | $1,480,213 |
| Office expenses | $106,069,673 |
| Information technology | $50,736,040 |
| Royalties | $0 |
| Occupancy | $150,833,732 |
| Travel | $40,620,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,175,931 |
| Interest | $42,675,691 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $192,994,189 |
| Insurance | $8,509,651 |
| All other expenses | $0 |
| Total functional expenses | $2,783,085,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,155,174,043 |
| Pledges and grants receivable | $203,978,435 |
| Accounts receivable, net | $84,865,468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $32,299,714 |
| Inventories for sale or use | $5,268,670 |
| Prepaid expenses and deferred charges | $20,891,969 |
| Net Land, buildings, and equipment | $1,979,055,246 |
| Investments—publicly traded securities | $1,132,997,645 |
| Investments—other securities | $3,093,341,814 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $303,983,075 |
| Total assets | $8,011,856,079 |
| Accounts payable and accrued expenses | $931,146,759 |
| Grants payable | $0 |
| Deferred revenue | $126,570,043 |
| Tax-exempt bond liabilities | $95,794,831 |
| 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 | $1,357,099,404 |
| Other liabilities | $500,561,311 |
| Total liabilities | $3,011,172,348 |
| Net assets without donor restrictions | $3,265,808,622 |
| Net assets with donor restrictions | $1,734,875,109 |
| 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 | $8,011,856,079 |
Grants Awarded
Over the last fiscal year, University Of Pittsburgh has awarded $88,928,269 in support to 341 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: RESEARCH- SUBCONTRACT | $7,532,958 |
Cambridge, MA PURPOSE: RESEARCH- SUBCONTRACT | $2,789,908 |
Kansas City, KS PURPOSE: RESEARCH- SUBCONTRACT | $2,478,018 |
Baltimore, MD PURPOSE: RESEARCH- SUBCONTRACT | $2,242,843 |
INCUBE LABS LLC PURPOSE: RESEARCH- SUBCONTRACT | $2,224,413 |
Columbus, OH PURPOSE: RESEARCH- SUBCONTRACT | $2,113,397 |
Grants Recieved
Over the last fiscal year, we have identified 76 grants that University Of Pittsburgh has recieved totaling $12,716,644.
| Awarding Organization | Amount |
|---|---|
Magee-Womens Research Institute And Foundation Pittsburgh, PA PURPOSE: Bio-medical research | $10,142,526 |
Target Als Foundation Inc New York, NY PURPOSE: BIOMEDICAL RESEARCH | $200,000 |
Pennsylvania Interest On Lawyer Trust Account Board Harrisburg, PA PURPOSE: LEGAL ASSISTANCE | $177,800 |
Center For The Advancement Of Science In Space Inc Melbourne, FL PURPOSE: EVALUATES POTENTIAL THERAPIES TO TREAT AND PREVENT OSTEOPOROSIS AND OTHER MUSCULOSKELETAL DISORDERS VIA A MICROPHYSIOLOGICAL SYSTEM THAT MODELS HUMAN TISSUE. | $167,001 |
The Herbert Feinberg Charitable Foundation Trust C/O Skwiersky Alpert New York, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $161,832 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA PURPOSE: Donor Designation PR | $138,560 |
Endowment Analysis
| Beg. Balance | $4,342,563,405 |
| Earnings | -$1,518,000 |
| Admin Expense | $14,039,179 |
| Net Contributions | $30,445,000 |
| Other Expense | $136,090,224 |
| Grants | $17,886,528 |
| Ending Balance | $4,203,474,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $20,199,735 | $97,337,529 |
Coordinated Behavioral Care Inc New York, NY | $27,765,648 | $75,461,704 |
Success Academy Charter Schools Inc New York, NY | $139,942,239 | $88,191,643 |
Baker Hall Lackawanna, NY | $33,938,221 | $51,465,099 |
West Virginia University Medical Corporation Morgantown, WV | $17,660,160 | $48,993,838 |
Inspirittec Inc Philadelphia, PA | $38,217,409 | $42,481,529 |
Tiegerman School Glen Cove, NY | $25,903,989 | $36,049,021 |
Workforce Development Corp New York, NY | $10,698,298 | $32,287,764 |
Hand In Hand Family Services Ltd Brooklyn, NY | $19,048,208 | $39,771,146 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $20,663,827 | $33,358,734 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lifesteps Inc Butler, PA | $23,184,799 | $31,303,500 |