TRUSTEES OF BOSTON UNIVERSITY

BOSTON, MA, 02215-1390 (617) 353-2290 Est. 1869 EIN 04-2103547
Form 990 501(c)(3)
www.bu.edu

Mission

SEE SCHEDULE O

Giving Portfolio

Total Grants
1,867
Total Giving
$697.7M
Recipients
1,824
Years Active
2017 - 2023
Avg grant: $369,258 Median: $100,768

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2023263$92.0M $350K40222
2022296$106.3M $359K30235
2021269$136.9M $509K25241
2020289$141.1M $488K48235
2019275$91.1M $331K62211
2018241$76.8M $319K58183
2017234$53.6M $229K2340

Sectors Funded

Education
443
Health Care
242
Medical Research
87
Science & Technology
52
Mental Health & Crisis Intervention
33
Human Services
27
Diseases & Disorders
24
Social Science
19
and 12 more sectors

Top States

Massachusetts
456
California
216
New York
115
Texas
103
Pennsylvania
102
Illinois
75
North Carolina
55
Colorado
52
and 41 more states

Grantee Size Profile

Over $50M
741
$10M - $50M
104
$1M - $5M
84
$5M - $10M
39
$500K - $1M
21
$100K - $500K
16
Under $100K
9

Top Grantees

Integrated BioTherapeutics
MD - 6 grants
$17.8M
Pattern Bioscience Inc
TX - 3 grants
$16.7M
Day Zero Diagnostics Inc
MA - 4 grants
$15.2M
Forge Therapeutics Inc
CA - 6 grants
$14.9M
Entasis Therapeutics Inc
MA - 6 grants
$13.2M
Amicrobe Inc
CA - 6 grants
$11.7M
VenatoRx Pharmaceuticals Inc
PA - 6 grants
$11.1M
Peptilogics Inc
PA - 4 grants
$11.1M
and 15 more grantees

Grants Awarded · 1221 grants

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Financials

Total Revenue
$3,257,563,350
Total Expenses
$3,195,959,811
Net Assets
$5,955,865,781
28,825 employees 47 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
22.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.6%
Expenses ↑ 6.3%
Revenue Sources
Contributions 21.8% Earned revenue 73.7% Investment 3.6% Other 1.0%
Expense Breakdown
Program 90.9% Management 7.9% Fundraising 1.3%

Officers & Trustees (49)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$3,257,563,350 $3,195,959,811$5,955,865,781
2022 Form 990$3,310,909,056 $3,006,440,897$5,651,598,342
2021 Form 990$3,129,652,283 $2,838,264,646$5,237,209,862
2020 Form 990$2,827,583,539 $2,471,119,524$5,348,808,885
2019 Form 990$2,615,858,845 $2,505,252,148$4,197,834,069
2018 Form 990$2,661,508,568 $2,428,902,662$4,132,408,732
2017 Form 990$2,503,487,956 $2,238,507,237$3,918,643,040

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EIN: 04-2103547 · Source: IRS Form 990 e-file data