EIN 36-2177139

The University of Chicago (UChicago)

IRS 501(c) type
501(c)(3)
Num. employees
26,771
Year formed
1890
Most recent tax filings
2020-06-01
Description
The University of Chicago is an urban research university that has driven new ways of thinking since 1890. Their commitment to free and open inquiry draws inspired scholars to their global campuses where ideas are born that challenge and change the wo...
Also known as...
Uchicago Argonne LLC
Total revenues
$3,705,144,407
2020
Total expenses
$4,101,909,518
2020
Total assets
$12,940,284,083
2020
Num. employees
26,771
2020

Program areas at UChicago

Instruction: In 2019-2020, the University enrolled 17,568 students, of that total, 6,790 were undergraduate students in the college (the University's undergraduate school), 4,321 were graduate students, 5,864 were students in the University's professional schools and 592 were non-degree students.
Scholarships & Fellowships: The University is a need blind institution with an extensive financial aid program which is designed to enable the most qualified students to attend the University regardless of their financial circumstances. For the 2019-2020 academic year, approximately 52 % of all students in the College received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $514.8 million. Of this amount, approximately $388.0 million was provided from unrestricted funds; the remaining $126.7 million came from restricted sources. Approximately 18% of students in the College (the University's undergraduate college) currently receive Odyssey Scholarships. The Odyssey Scholarships provide increased access by providing scholarship support for first generation students and students with family incomes typically below $90,000. The Odyssey Scholarship also provides funds for other educational opportunities like study abroad and providing a paid internship after the student's first year in the College. In October 2014, The University launched the No Barriers Program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the University with direct grants. Beginning with the incoming class of 2019, the University's Empower initiative will provide a grant/scholarship award guaranteed to cover full-tuition for families earning less than $125,000 and full-tuition, fees and room and board for families earning less than $60,000. In 2019, the University announced a new funding model for doctoral students. All students are guaranteed full tuition support, paid health insurance and an annual stipend of at least $31,000, beginning with students enrolling in 2020-2021.
Research: University of Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2019-2020 the University was awarded a total of $604 million in research funding from federal agencies, non-federal government entities, corporations, foundations and other sources. This fiscal year $433 million was expended from federal government sponsors of research, with the U.S. Department of Health and Human Services and the National Science Foundation providing the largest amounts of funding. Corporate research sponsorship awards totaled $92.0 million, followed by Foundation research sponsorship of $50.5 million. The University also conducts scientific research in collaboration with Argonne National Laboratory, owned by the United States Government and operated by the University through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. Department of Energy. Argonne is a multi-purpose science laboratory with a $823.3 million annual budget and approximately 3,500 employees. Program Service research expenditures were $481.1 million and are included in the research program service expense amount, as is required for a disregarded entity. In addition, Fermi Research Alliance, LLC, an entity jointly owned by the University and Universities Research Association Inc., operates Fermi National Accelerator Laboratory ("Fermilab") for the U.S. Department of Energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $488.6 million annual budget and approximately 1,800 employees.

Grants made by UChicago

GranteeGrant descriptionAmount
University of PittsburghSubaward$4,584,469
American College of RadiologySubaward$3,045,700
Health Research Incorporated (HRI)Subaward$2,877,258
...and 131 more grants made totalling $41,274,273

Who funds The University of Chicago (UChicago)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,533,420
Schwab Charitable FundEducation$7,196,884
National Philanthropic TrustEducation$6,203,979
...and 534 more grants received totalling $127,340,099
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$93,643,427
Department of Health and Human ServicesBIOMEDICAL RESEARCH AND RESEARCH TRAINING$28,350,699
National Science FoundationMATHEMATICAL AND PHYSICAL SCIENCES$20,125,052
...and 941 more federal grants / contracts

Personnel at UChicago

NameTitleCompensation
Brien M. O'BrienChief Executive Officer / Trustee$0
Byron D. TrottFounder , Chairman , and Chief Executive Officer$0
Donald R. Wilson, JR.Chief Executive Officer and Founder DRW$0
Emmanuel RomanChief Executive Officer Pimco / Trustee$0
Michael P. PolskyChief Executive Officer / Trustee$0
...and 26 more key personnel

Financials for UChicago

RevenuesFYE 06/2020
Total grants, contributions, etc.$1,727,925,591
Program services$1,660,417,298
Investment income and dividends$76,986,207
Tax-exempt bond proceeds$72,374
Royalty revenue$13,282,641
Net rental income$0
Net gain from sale of non-inventory assets$172,745,238
Net income from fundraising events$-484,031
Net income from gaming activities$0
Net income from sales of inventory$36,408,650
Miscellaneous revenues$17,790,439
Total revenues$3,705,144,407

Form 990s for UChicago

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-18990View PDF
2019-062020-10-15990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
2016-062017-09-06990View PDF
...and 6 more Form 990s

Organizations like UChicago

OrganizationLocationRevenue
Yale UniversityNew Haven, CT$5,595,177,145
Rice UniversityHouston, TX$976,544,472
New York University (NYU)New York, NY$8,011,264,159
California Institute of TechnologyPasadena, CA$3,522,009,000
Medical College of Wisconsin (MCW)Milwaukee, WI$1,286,151,484
Thomas Jefferson University (TJU)Philadelphia, PA$1,089,489,788
University of PittsburghPittsburgh, PA$2,841,711,849
Massachusetts Institute of Technology (MIT)Cambridge, MA$4,804,195,000
University of RochesterRochester, NY$4,135,942,762
Duke UniversityDurham, NC$3,194,489,301
Data update history
August 4, 2022
Received grants
Identified 102 new grant, including a grant for $2,598,644 from The Chicago Community Trust
December 22, 2021
Updated personnel
Identified 7 new personnel
October 3, 2021
Received grants
Identified 301 new grant, including a grant for $4,786,759 from Catholic Theological Union
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 27, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Science and technologyEducationDiseases and disordersPublic policy
Characteristics
Political advocacyConducts researchLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
6054 S Drexel Ave
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
uchicago.edu/ 
Phone
(773) 702-1234
Facebook page
uchicago 
Twitter profile
@uchicago 
IRS details
EIN
36-2177139
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1890
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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