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Yale University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060646973 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Yale University?

Established in 1701, Yale University is a renowned nonprofit institution committed to the pursuit of knowledge, fostering innovation, and preserving cultural and scientific information for future generations. With a global reach, Yale collaborates with its local community in New Haven, Connecticut, while engaging with individuals and organizations worldwide. Their mission encompasses research, scholarship, education, preservation, and practice, with the ultimate goal of enhancing cultural understanding, improving the human condition, and cultivating future leaders.


Official website here: www.yale.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Yale University has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The rating is based on a comprehensive evaluation of its financial practices, with particular attention to its independent board composition and lack of material asset diversion, both of which are essential indicators of a well-governed organization.

The university boasts an impressive 94% of its board members being independent, indicating effective governance and oversight. Its financial metrics are robust, with a program expense ratio of 87.66%, demonstrating that a significant portion of its resources is allocated directly to its educational and community programs. Additionally, Yale’s commitment to transparency is evident through its well-documented policies and procedures regarding conflict of interest and whistleblower protections.

While the rating highlights numerous strengths, it is crucial for potential donors and supporters to consider the broader context of Yale’s operations and impact, especially in relation to accessibility and equity in education. Nonetheless, the organization’s high score in financial accountability suggests a reliable and responsible stewardship of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Yale University legitimate?

Yale University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yale University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $15,481,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,508,552,564

For more financial information, click here


Official website here: www.yale.edu

What is the mission statement of Yale University?

Since its establishment in 1701, Yale University has been committed to expanding and sharing knowledge, inspiring innovation, and preserving cultural and scientific information for future generations. Through research, scholarship, education, preservation, and practice, Yale strives to improve the world and promote cultural understanding. The university seeks to enhance the human condition and unravel the mysteries of the universe. Additionally, it collaborates with partners worldwide to strengthen communities and train the next generation of global leaders.


Official website here: www.yale.edu

What is the revenue of Yale University?

Yale University's revenue in 2024 was $6,841,256,079.


Official website here: www.yale.edu

Who are the executives of Yale University and what are their salaries?

The average compensation at Yale University during 2024 was $72,728. There are 34705 employees and 15000 volunteers at Yale University.

Here are 42 key members and their salaries:


Peter Salovey (Trustee & President)
  • Compensation: $2,335,529
  • Related: $0
  • Other: $117,813
Ann Miura-Ko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos R Moreno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catharine B Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sze (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Miner Ned Lamont Jr (Trustee (Ex-Officio))
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Krupp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina R Boswell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Bekenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua L Steiner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marta L Tellado (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryana Iskander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurie Mcinnis (Trustee (Through 5/29/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Cavanagh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal S Wolin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Bysiewicz (Trustee (Ex-Officio))
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Kennard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander E Dreier (Sr Vp For Institutional Affairs)
  • Compensation: $881,218
  • Related: $0
  • Other: $108,059
Jack F Callahan Jr (Sr Vp For Operations)
  • Compensation: $828,950
  • Related: $0
  • Other: $84,427
Jack Michael Bellamy (Vp For Facilities, Campus Development & Sustainability)
  • Compensation: $663,536
  • Related: $0
  • Other: $42,354
Joan E O'Neill (Vp For Alumni Affairs & Development)
  • Compensation: $817,363
  • Related: $0
  • Other: $75,238
John Barden (Vp For Technology And Campus Services)
  • Compensation: $472,613
  • Related: $0
  • Other: $75,028
John Whelan (Vp For Hr)
  • Compensation: $435,377
  • Related: $0
  • Other: $76,436
Kimberly M Goff-Crews (Secretary & Vp For University Life)
  • Compensation: $530,671
  • Related: $0
  • Other: $50,442
Renee Kopkowski (Vp For Communications)
  • Compensation: $393,137
  • Related: $0
  • Other: $59,708
Scott A Strobel (Provost)
  • Compensation: $887,887
  • Related: $0
  • Other: $64,463
Stephen C Murphy (Vp For Finance & Cfo)
  • Compensation: $596,624
  • Related: $0
  • Other: $146,769
Matthew S T Mendelsohn (Chief Investment Officer)
  • Compensation: $2,320,131
  • Related: $0
  • Other: $2,122,959
Nancy J Brown (Dean, School Of Medicine)
  • Compensation: $1,130,957
  • Related: $0
  • Other: $58,325
Alex Hetherington (Managing Director, Investments)
  • Compensation: $1,772,887
  • Related: $0
  • Other: $72,967
Amelia Chivetta (Managing Director, Investments)
  • Compensation: $1,671,148
  • Related: $0
  • Other: $51,966
John Ricotta (Managing Director, Investments)
  • Compensation: $1,703,069
  • Related: $0
  • Other: $75,217
Murat Gunel (Chair, Neurosurgery)
  • Compensation: $1,683,353
  • Related: $0
  • Other: $87,625
Timothy R Sullivan (Sr Director Of Private Equity)
  • Compensation: $2,057,602
  • Related: $0
  • Other: $78,399
Alexander C Banker (Former Director Of Investments)
  • Compensation: $1,607,501
  • Related: $0
  • Other: $79,575
Benjamin Polak (Former Provost)
  • Compensation: $496,033
  • Related: $0
  • Other: $63,802
Dean J Takahashi (Former Sr Director, Investments)
  • Compensation: $540,712
  • Related: $0
  • Other: $52,974
Karen Peart (Former Interim Vp For Communications)
  • Compensation: $238,586
  • Related: $0
  • Other: $38,803
Pericles Lewis (Former Vp For Global Strategy)
  • Compensation: $539,793
  • Related: $0
  • Other: $127,151
Robert J Alpern (Former Dean, School Of Medicine)
  • Compensation: $344,409
  • Related: $0
  • Other: $39,793


Official website here: www.yale.edu

Where can I find the form 990 for Yale University?

Yale University's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.yale.edu

Learn more at the official website: www.yale.edu

Mission Statement of Yale University

Yale University, established in 1701, is committed to enhancing the world through research, scholarship, education, preservation, and practice. With a rich history, this prestigious institution has dedicated itself to expanding and sharing knowledge, fostering innovation, and safeguarding cultural and scientific information for future generations.

Yale University's impact transcends beyond its local community. It partners with its surrounding areas to fortify the city's community and economy. Simultaneously, it reaches out to people and institutions worldwide, promoting cultural comprehension, enhancing the human condition, delving deeper into the mysteries of the universe, and nurturing the next generation of global leaders. By nurturing intellectual curiosity and fostering academic excellence, Yale University continues to make strides in advancing the collective knowledge and understanding of the world.

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Impact




October, 2024

Yale University has established a profound impact through its commitment to research, scholarship, and education since its founding in 1701. The institution is dedicated to expanding and sharing knowledge, inspiring innovation, and preserving cultural and scientific information for future generations.

Locally, Yale collaborates with the city of New Haven, Connecticut, strengthening the community and enhancing the local economy. This partnership fosters a vibrant relationship that benefits both the university and the city.

Internationally, Yale engages with a diverse array of individuals and institutions, striving to promote cultural understanding and address global challenges. The university's research initiatives delve into fundamental questions about the universe and the human experience, while also focusing on improving the human condition. Moreover, Yale plays a pivotal role in training future leaders, ensuring that they are equipped with the knowledge and skills necessary to tackle the complexities of the modern world.

In essence, Yale University's impact is far-reaching, shaping not only its local environment but also contributing to global advancements in knowledge and leadership.




This information is meant to be a general summary of Yale University. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,841,256,079 (2024)
20112012201320142015201620172018201920202021202220232024$0$2B$4B$6B$8B
Expenses
$6,197,071,259 (2024)
20112012201320142015201620172018201920202021202220232024$0$2B$4B$6B$8B
Efficiency
201120122013201420152016201720182019202020212022202320240%8%16%24%38%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $667,696,662
  • Program Service Revenue: $2,982,357,785
  • Gross Receipts: $14,944,662,661

Assets and Liabilities:

  • Total Assets: $54,599,818,948
  • Total Liabilities: $10,751,488,951
  • Net Assets: $43,848,329,997

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Medical services

Revenue

$1,587,178,115

Student Income

Revenue

$959,005,416

Contract income Gov & Non-Gov't

Revenue

$195,875,096

Auxiliary Services

Revenue

$177,554,858

Publication income

Revenue

$19,520,646

Organization Details

Founding Year

1701

Principal Officer

Ann Miura-Ko

Main Address

PO Box 208229, New Haven, CT, 065208229

NTEE Category

Code: B430 - Education

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