TRUSTEES OF TUFTS COLLEGE

MEDFORD, MA, 02155-5519 (617) 627-3264 Est. 1852 EIN 04-2103634
B430— Education Form 990 501(c)(3)
www.tufts.edu

Mission

SEE SCHEDULE O

Giving Portfolio

Total Grants
851
Total Giving
$148.5M
Recipients
850
Years Active
2017 - 2022
Avg grant: $174,005 Median: $52,823

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2022152$28.4M $187K29122
2021171$29.8M $174K45126
2020140$24.9M $178K32108
2019139$24.7M $178K32107
2018122$22.4M $184K3092
2017127$18.2M $144K1270

Sectors Funded

Education
241
Health Care
115
Medical Research
33
Science & Technology
26
Community Improvement
21
International & Foreign Affairs
19
Human Services
13
Food, Agriculture & Nutrition
13
and 13 more sectors

Top States

Massachusetts
203
New York
73
California
64
Illinois
43
Texas
38
Georgia
33
Pennsylvania
31
Virginia
31
and 33 more states

Grantee Size Profile

Over $50M
371
$10M - $50M
52
$1M - $5M
36
$500K - $1M
16
$100K - $500K
14
$5M - $10M
13
Under $100K
3

Top Grantees

TUFTS MEDICAL CENTER PARENT INC
MA - 6 grants
$49.5M
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
MA - 6 grants
$5.8M
NORTHEASTERN UNIVERSITY
MA - 6 grants
$2.8M
Arizona State University
AZ - 4 grants
$2.4M
JOHNS HOPKINS UNIVERSITY
IL - 6 grants
$2.3M
MASS GENERAL BRIGHAM INCORPORATED
MA - 6 grants
$2.2M
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
MA - 6 grants
$2.2M
University of Washington
IL - 4 grants
$2.1M
A MAINEHEALTH HCSR
ME - 6 grants
$2.0M
University of Georgia
GA - 6 grants
$2.0M
and 15 more grantees

Grants Awarded · 628 grants

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Financials

Total Revenue
$1,339,090,449
Total Expenses
$1,323,001,574
Net Assets
$3,328,808,111
13,151 employees
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
2.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 6.6%
Expenses ↑ 5.6%
Revenue Sources
Contributions 25.5% Earned revenue 70.1% Investment 4.4%
Expense Breakdown
Program 85.3% Management 12.6% Fundraising 2.1%

Officers & Trustees (73)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990$1,339,090,449 ↓$1,323,001,574$3,328,808,111
2021 Form 990$1,433,143,172 ↑$1,252,572,176$3,258,725,291
2020 Form 990$1,328,201,622 ↑$1,138,493,828$3,498,374,495
2019 Form 990$1,118,552,829 ↓$1,086,530,539$2,692,401,355
2018 Form 990$1,234,322,522 ↑$1,078,435,077$2,672,656,474
2017 Form 990$1,144,480,452 $1,034,608,728$2,584,173,978

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EIN: 04-2103634 · Source: IRS Form 990 e-file data