UNIVERSITY OF PITTSBURGH

PITTSBURGH, PA, 15213-0000 (412) 624-6395 Est. 1787 EIN 25-0965591
B99— Education Form 990 501(c)(3)
WWW.PITT.EDU

Mission

THE UNIVERSITY OF PITTSBURGH, FOUNDED IN 1787, IS ONE OF THE OLDEST INSTITUTIONS OF HIGHER EDUCATION IN THE UNITED STATES AND ONE OF THE NATION'S TOP PUBLIC RESEARCH UNIVERSITIES. FOR MORE THAN TWO CENTURIES, THE UNIVERSITY OF PITTSBURGH HAS SERVED THE NEEDS OF ITS HOME REGION, THE COMMONWEALTH OF PENNSYLVANIA, AND THE NATION AS A LEADER IN EDUCATION, A PIONEER IN RESEARCH AND A PARTNER IN COMMUNITY SERVICE.

Giving Portfolio

Total Grants
1,709
Total Giving
$560.8M
Recipients
1,700
Years Active
2017 - 2022
Avg grant: $328,500 Median: $76,529

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2022352$146.5M $416K62287
2021325$129.3M $398K55270
2020343$101.2M $295K90253
2019339$88.8M $262K119218
2017350$95.0M $271K3460

Sectors Funded

Education
361
Health Care
308
Medical Research
85
Science & Technology
43
Human Services
38
Diseases & Disorders
32
Community Improvement
23
Youth Development
20
and 14 more sectors

Top States

Pennsylvania
429
California
142
New York
117
Massachusetts
91
Texas
88
Ohio
69
District of Columbia
47
Virginia
46
and 40 more states

Grantee Size Profile

Over $50M
639
$10M - $50M
141
$1M - $5M
107
$5M - $10M
72
$500K - $1M
26
$100K - $500K
25
Under $100K
9

Top Grantees

CARNEGIE MELLON UNIVERSITY
PA - 6 grants
$39.2M
NEW YORK UNIVERSITY
NY - 5 grants
$30.3M
REGENTS OF THE UNIVERSITY OF CALIFORNIA
CA - 5 grants
$20.2M
REGENTS OF THE UNIVERSITY OF MICHIGAN
MI - 5 grants
$19.3M
THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS
IL - 5 grants
$15.6M
JOHNS HOPKINS UNIVERSITY
MD - 5 grants
$13.8M
WASHINGTON UNIVERSITY
MO - 5 grants
$12.6M
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
MA - 5 grants
$10.8M
MASS GENERAL BRIGHAM INCORPORATED
MA - 5 grants
$9.3M
NORTHEASTERN UNIVERSITY
MA - 5 grants
$8.4M
and 15 more grantees

Financials

Total Revenue
$3,139,570,956
Total Expenses
$3,148,143,304
Net Assets
$6,862,272,486
28,506 employees 166 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
2.2 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 2.8%
Expenses ↑ 7.8%
Revenue Sources
Contributions 18.0% Earned revenue 76.5% Investment 4.5% Other 1.0%
Expense Breakdown
Program 90.4% Management 8.7% Fundraising 0.9%

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EIN: 25-0965591 · Source: IRS Form 990 e-file data