Overview
What is University Of Rochester?
The University of Rochester is a renowned educational institution located in Rochester, New York, consisting of six schools offering undergraduate to post-doctoral degrees in various fields, including arts and sciences, engineering, education, music, business administration, nursing, and medicine. With a large faculty of over 1,300 tenured members, the university boasts a student body of 12,000 undergraduate and graduate students. Dedicated to accessibility, the university prioritizes financial aid, granting awards to students from disadvantaged backgrounds, such as the Rochester City School District. The institution maintains a substantial endowment, with a commitment to perpetuating and enhancing its educational, research, clinical care programs, and public service missions. Its activities encompass higher education, research, and charitable patient care services.
Official website here: www.rochester.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The University of Rochester has achieved an impressive 96% score from Charity Navigator, earning a Four-Star rating which indicates a high level of accountability and financial health. This rating reflects the organization's strong governance and commitment to transparency, as evidenced by the presence of a majority independent board and robust financial oversight mechanisms.
Strengths of the University of Rochester include a well-structured board with 89% independent members and a significant investment in program expenses, with a ratio of 95.70%. The nonprofit has established policies for conflict of interest, whistleblowing, and document retention, all of which contribute to its financial integrity and operational transparency.
While the organization demonstrates strong performance in various areas, users should remain aware that ratings can change over time based on new financial data or governance changes. Nevertheless, the current rating underscores the stability and accountability of the University of Rochester, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Rochester legitimate?
University Of Rochester is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Rochester 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: $18,077,803
Professional Fundraising Fees: $244,149
Other Salaries and Wages: $2,116,475,285
For more financial information, click here
Official website here: www.rochester.edu
What is the mission statement of University Of Rochester?
The University of Rochester is dedicated to providing higher education in the liberal arts and sciences, medicine and dentistry, nursing, and music. It is committed to research and charitable patient care services. The institution is composed of six schools offering programs from undergraduate to post-doctoral degrees. These include the School of Arts and Sciences, Hajim School of Engineering, Warner School of Education and Human Development, Eastman School of Music, Simon Graduate School of Business Administration, School of Nursing, and School of Medicine and Dentistry. The university has a strong emphasis on financial aid for its students, ensuring that high-quality education is accessible regardless of economic circumstances or background. For instance, it offers scholarships to students from the Rochester City School District, a district with high poverty and dropout rates in New York State. The university's endowment supports its educational, research, clinical care programs, and public service missions, with an endowment payout of 5.7%. Its donors often specify the purposes for which the income may be spent, ensuring long-term benefits.
Official website here: www.rochester.edu
Who is the CEO of University Of Rochester?
Sarah C Mangelsdorf is the Trustee,Pres & Ceo of University Of Rochester. The CEO's salary of University Of Rochester is $839,432 and their total compensation is $983,774.
Official website here: www.rochester.edu
What is the revenue of University Of Rochester?
University Of Rochester's revenue in 2022 was $4,935,271,271.
Official website here: www.rochester.edu
Who are the executives of University Of Rochester and what are their salaries?
The average compensation at University Of Rochester during 2022 was $63,470. There are 33631 employees and 6981 volunteers at University Of Rochester.
Here are 75 key members and their salaries (University Of Rochester's CEO's salary is $839,432 and their total compensation is $983,774):
- Compensation: $3,165,449
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- Other: $215,223
- Compensation: $2,549,247
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- Other: $68,288
- Compensation: $1,690,215
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- Other: $353,913
- Compensation: $1,965,451
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- Other: $66,000
- Compensation: $1,853,457
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- Other: $60,942
- Compensation: $1,570,098
- Related: $0
- Other: $204,474
- Compensation: $1,352,822
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- Other: $35,432
- Compensation: $1,160,507
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- Other: $112,117
- Compensation: $839,432
- Related: $0
- Other: $144,342
- Compensation: $811,601
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- Other: $155,728
- Compensation: $839,037
- Related: $0
- Other: $58,886
- Compensation: $697,855
- Related: $0
- Other: $161,839
- Compensation: $678,764
- Related: $0
- Other: $111,083
- Compensation: $635,607
- Related: $0
- Other: $86,264
- Compensation: $646,583
- Related: $0
- Other: $66,138
- Compensation: $499,349
- Related: $0
- Other: $173,624
- Compensation: $611,579
- Related: $0
- Other: $58,477
- Compensation: $536,298
- Related: $0
- Other: $60,624
- Compensation: $503,333
- Related: $0
- Other: $66,254
- Compensation: $459,794
- Related: $0
- Other: $83,319
- Compensation: $477,000
- Related: $0
- Other: $49,892
- Compensation: $425,590
- Related: $0
- Other: $91,025
- Compensation: $388,742
- Related: $0
- Other: $75,149
- Compensation: $393,973
- Related: $0
- Other: $57,763
- Compensation: $353,183
- Related: $0
- Other: $39,277
- Compensation: $334,590
- Related: $0
- Other: $33,196
- Compensation: $292,181
- Related: $0
- Other: $38,798
- Compensation: $282,208
- Related: $0
- Other: $38,993
- Compensation: $242,204
- Related: $0
- Other: $46,302
- Compensation: $207,708
- Related: $0
- Other: $11,000
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Official website here: www.rochester.edu
Where can I find the form 990 for University Of Rochester?
University Of Rochester's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rochester.edu
Learn more at the official website: www.rochester.edu
Mission Statement of University Of Rochester
The University of Rochester is a renowned institution dedicated to providing higher education in the liberal arts and sciences, medicine and dentistry, nursing, and music. Its mission goes beyond academia, encompassing research and charitable patient care services. The University is home to six schools offering undergraduate to post-doctoral degrees, including the School of Arts and Sciences, Hajim School of Engineering, Warner School of Education and Human Development, Eastman School of Music, Simon Graduate School of Business Administration, School of Nursing, and School of Medicine and Dentistry.
The University's commitment to education extends beyond the classroom. It boasts numerous centers of academic excellence, such as the Institute of Optics, Laboratory for Laser Energetics, Wilmot Cancer Center, and the Flaum Eye Institute. The full-time faculty in the School of Medicine and Dentistry provides clinical services as part of the academic medical program. This activity is carried out entirely within the medical school and is internally organized and supervised as URMFG or University of Rochester Medical Faculty Group.
The University of Rochester prides itself on providing financial aid for its students, placing it among its highest priorities. This commitment is exemplified by a program that expands higher education opportunities for students from the Rochester City School District (RCSD). The University offers $25,000 per year for four years to every graduate of the school district who is admitted to the University's College of Arts, Sciences, and Engineering. This award equates to $100,000 for each student over the course of their education.
The University perpetuates and enhances its educational, research, clinical care programs, and public service missions through its endowment. It requires an endowment payout of 5.7 percent calculated on a rolling five-year average of the endowment's market value. The vast majority of the University's endowment consists of individual funds, gifts from charitable donors who have specified and restricted the purposes for which the income may be spent to ensure long-term benefits.
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Impact
October, 2024
The University of Rochester significantly impacts higher education, healthcare, and research on local, national, and global scales. With a diverse academic structure that includes six schools, the university offers a comprehensive range of undergraduate and post-doctoral programs in the liberal arts and sciences, engineering, education, music, business administration, nursing, and medicine.
Its commitment to educational excellence extends beyond traditional classrooms. The university is dedicated to enhancing accessibility through substantial financial aid programs. For instance, it provides significant scholarships for students from the Rochester City School District, which faces challenges such as high poverty and dropout rates. This initiative demonstrates a strong commitment to fostering educational opportunities for underrepresented and economically disadvantaged students.
In the realm of research, the University of Rochester houses esteemed centers like the Institute of Optics and the Wilmot Cancer Center. These institutions contribute to groundbreaking research in various fields, addressing pressing societal challenges. The faculty, particularly in the School of Medicine and Dentistry, not only engage in educational activities but also provide clinical services, ensuring that academic training is coupled with real-world applications.
Furthermore, the university's endowment supports its mission of delivering high-quality education and research. This financial foundation, built on the generosity of donors, allows for sustained investment in its programs and initiatives, thus perpetuating its impact on future generations of students and the wider community.
In summary, the University of Rochester is a catalyst for educational advancement, research innovation, and community support, making it a vital institution in the landscape of higher education and beyond.
This information is meant to be a general summary of University Of Rochester. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $203,612,468
- Program Service Revenue: $4,258,373,783
- Gross Receipts: $5,503,080,840
Assets and Liabilities:
- Total Assets: $7,349,848,808
- Total Liabilities: $3,076,664,364
- Net Assets: $4,273,184,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES OF HOSPITALS AND CLINICS (NET)
Revenue
$3,384,314,508
EDUCATIONAL ACTIVITIES
Revenue
$656,817,641
RESEARCH & OTHER CONTRACTS
Revenue
$108,837,876
AUXILIARY ENTERPRISES
Revenue
$108,403,758
Organization Details
Founding Year
1850
Phone
(585) 275-2800Principal Officer
Sarah C Mangelsdorf
Main Address
BOX 278893, ROCHESTER, NY, 146278893
Website
www.rochester.eduNTEE Category
Code: B430 - Education
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