EIN 74-1159753

Baylor University (BU)

IRS 501(c) type
501(c)(3)
Num. employees
10,061
City
State
Year formed
1845
Most recent tax filings
2022-05-01
Description
Baylor University in Waco, Texas, is a private Christian university and a nationally ranked research institution. Baylor University provides a vibrant campus community for more than 16,000 students.
Total revenues
$1,400,477,758
2022
Total expenses
$1,235,241,810
2022
Total assets
$3,929,496,595
2022
Num. employees
10,061
2022

Program areas at BU

Instruction: Baylor University stands as one of the premier institutions of higher education in the world. Chartered in 1845 by the Republic of Texas and affiliated with the Baptist General Convention of Texas, the University is the oldest continuously operating institution of higher learning in the State of Texas. As part of fulfilling Baylor's mission of instructing and educating men and women for worldwide leadership and service, Baylor pursues initiatives such as lower student-faculty ratio (16:1), smaller class size (average class size is 28), research opportunities for undergraduates, and great facilities for learning and living. Baylor's more than 20,000 students typically come from all 50 states, the District of Columbia, and over 90 countries around the world. The University offers 126 baccalaureate, 80 master's, 47 doctoral, numerous online graduate professional programs, the education specialist and the juris doctor degree programs through 12 academic units. The University also equips students with both knowledge and experience to pursue God's call to ministry by offering 3 master degrees and 2 doctorate degrees through Truett Seminary. Additionally, the University conducts graduate programs with the U.S. Army at several U.S. Army locations across the United States. Students find the best of a large university through exceptional breadth and depth of programs along with extraordinary personal attention for the individual student. Baylor students garner competitive scholarships such as Fulbright, Truman, Goldwater, Rotary, Critical Language, and National Science Foundation Graduate Fellowships. More than 90% of Baylor undergraduate students receive financial assistance. Named eleven times by The Chronicle of Higher Education as a "Great College to Work For", Baylor consistently ranks in the top 100 national doctoral granting universities by U.S. News & World Report, as a "Best Buy" by The Fiske Guide to Colleges, and a "Best Value" by Kiplinger's Personal Finance.
Academic Support: Baylor university provides academic support services for the primary missions of instruction, as well as research and public service activities. Academic support services include areas such as libraries, technology support, museums and services that directly assist instructional activities.
Student Services: Baylor university's student services and activities contribute to students' spiritual, social and physical well-being. Student services and activities include areas such as career guidance, job placement upon graduation, enrollment management, student financial aid, student activities, student organizations, intramurals, health center, Beauchamp addiction recovery center, and intercollegiate athletics.
Research, Public Service and Auxiliaries: Other program service areas include research activities, public service activities and auxiliary enterprises operated by the university. Research activity includes grants and contracts to conduct sponsored research, primarily in five key initiatives: health; data sciences; materials science; human flourishing, leadership, and ethics; and Latin America. Public service includes activities which primarily benefit individuals and organizations external to the university. Auxiliary enterprises are comprised generally of the following items: residence halls, dining services, bookstore, rental properties and vending services.

Grants made by BU

GranteeGrant descriptionAmount
Urban InstituteSubcontract - Research$522,783
Regents of the University of MichiganSubcontract - Research$283,975
Baylor Scott & White Research InstituteSubcontract - Research$213,193
...and 31 more grants made totalling $1,990,722

Who funds Baylor University (BU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Big Twelve ConferenceAnnual Distribution$44,754,912
The Sunderland FoundationRenovate and Restore Tidwell Bible Building$3,000,000
Soma FoundationFinancial Support$2,700,000
...and 237 more grants received totalling $75,799,818

Personnel at BU

NameTitleCompensation
David MoreheadVice President and Chief Investment Officer$1,178,158
Jason CookVice President for Marketing and Communications$368,632
Tiffany HogueChief of Staff To the President$188,364
Cheryl GochisVice President and Chief Human Resources Officer$304,065
Brett DaltonChief Business Officer$561,973
...and 35 more key personnel

Financials for BU

RevenuesFYE 05/2022
Total grants, contributions, etc.$153,185,668
Program services$1,156,294,638
Investment income and dividends$76,503,434
Tax-exempt bond proceeds$0
Royalty revenue$7,532,731
Net rental income$4,321,881
Net gain from sale of non-inventory assets$2,634,312
Net income from fundraising events$5,094
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,400,477,758

Form 990s for BU

Fiscal year endingDate received by IRSFormPDF link
2022-052023-04-07990View PDF
2021-052022-03-29990View PDF
2020-052021-04-15990View PDF
2019-052021-01-27990View PDF
2018-052019-05-14990View PDF
...and 9 more Form 990s

Organizations like BU

OrganizationLocationRevenue
Southern Methodist University (SMU)Dallas, TX$1,151,429,320
Hofstra UniversityHempstead, NY$607,156,021
Pepperdine UniversityMalibu, CA$719,080,959
Boston CollegeChestnut Hill, MA$1,638,236,627
Georgetown UniversityWashington, DC$1,988,566,479
University of Notre DameNotre Dame, IN$3,495,548,499
Duke UniversityDurham, NC$4,604,378,802
University of RochesterRochester, NY$4,935,271,271
Dartmouth CollegeHanover, NH$1,952,191,796
Northwestern UniversityEvanston, IL$4,010,424,246
Data update history
February 3, 2024
Received grants
Identified 90 new grant, including a grant for $3,000,000 from The Sunderland Foundation
October 26, 2023
Received grants
Identified 31 new grant, including a grant for $1,360,273 from William A Badger Foundation
August 19, 2023
Received grants
Identified 197 new grant, including a grant for $44,754,912 from Big Twelve Conference
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousMembershipsPolitical advocacyOperates donor advised fundsLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
1 Bear Pl 97043
Waco, TX 76798
Metro area
Waco, TX
County
McLennan County, TX
Website URL
baylor.edu/ 
Phone
(800) 229-5678
Facebook page
BaylorUniversity1845 
Twitter profile
@baylor 
IRS details
EIN
74-1159753
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1845
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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