Benedictine University
94% goes to programs $21 to raise $100 Strong reserves
Benedictine University is a 501(c)(3) organization based in Lisle, Illinois, registered in 1946, with $91,328,886 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
5700 College Rd, Lisle, IL, 60532 EIN 36-2722198 Since 1946
Revenue (FY2024)
$91.3M
▲ 3.1% vs prior year
Education median: $200K
Expenses (FY2024)
$90.1M
Net assets
$91.0M
Employees
977
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating94% to programs · $21 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Benedictine University: 94% to programs · $21 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Benedictine University: 12 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Benedictine University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Benedictine University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Benedictine university is an inclusive academic community dedicated to teaching and learning, scholarship and service, truth and justice, as inspired by the catholic intellectual tradition, the social teaching of the church, and the principles of wisdom in the rule of st. benedict.
Contact & location
- Address
- 5700 College Rd, Lisle, IL, 60532
- City
- Lisle
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $137.3M (FY2013) to $91.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $65.9MNet assets $91.0M
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$156.9M
Total liabilities
$65.9M
Net assets
$91.0M
Salaries & benefits
$28.2M
31% of expenses
Board members
26
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $91,328,886▲3.1% | $90,118,540▼0.5% | $90,958,940▼0.6% | $156,874,906▼2.8% | 990 |
| 2023 | $88,544,185▼7.9% | $90,586,285▼7.1% | $91,488,628▼8.1% | $161,358,420▼8.4% | 990 |
| 2022 | $96,146,147▼3.3% | $97,492,354▼4.3% | $99,593,217▼3.2% | $176,190,185▼1.2% | 990 |
| 2021 | $99,425,882▲1.7% | $101,910,280▲1.5% | $102,936,657▼2.7% | $178,325,344▼2.7% | 990 |
| 2020 | $97,751,023▼9.3% | $100,376,664▼5.7% | $105,783,863▲0.8% | $183,301,478▲1.5% | 990 |
| 2019 | $107,737,450▼10.3% | $106,407,476▼10.1% | $104,991,687▲1.3% | $180,508,560▲0.9% | 990 |
| 2018 | $120,136,323▼6.2% | $118,345,994▼6.0% | $103,683,547▲0.4% | $178,949,059▼2.2% | 990 |
| 2017 | $128,077,954▼2.4% | $125,854,215▼4.3% | $103,299,580▲6.9% | $182,982,884▲6.0% | 990 |
| 2016 | $131,277,533▼5.7% | $131,497,244▼4.1% | $96,653,332▲3.0% | $172,569,192▲1.6% | 990 |
| 2015 | $139,286,320▼0.9% | $137,090,577▼0.3% | $93,862,803▼3.2% | $169,854,700▼2.2% | 990 |
| 2014 | $140,615,346▲2.4% | $137,531,982▲0.8% | $96,972,964▲2.0% | $173,631,467▲2.7% | 990 |
| 2013 | $137,332,819 | $136,417,022▲8.2% | $95,093,987▲1.3% | $169,132,420▲12.7% | 990 |
| 2012 | — | $126,115,228▲3.4% | $93,844,632▲14.3% | $150,035,889▲6.8% | 990 |
| 2011 | — | $121,990,075▲14.2% | $82,103,001▼1.0% | $140,492,259▲1.1% | 990 |
| 2010 | — | $106,797,728▲15.2% | $82,941,546▲26.0% | $139,023,156▲29.3% | 990 |
| 2009 | — | $92,709,568 | $65,840,269 | $107,507,923 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Joseph Foy — $383,665 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Foy | President | 40 | $383,665 |
| Christopher Duffrin | Professor | 40 | $213,778 |
| Charles Gregory | Advisor To the President | 40 | $204,000 |
| Olga Lambert | Dean | 40 | $195,109 |
| Ramkrishnan Tenkasi | Professor | 40 | $180,859 |
| Brian Qualizza | Chief Financial Officer | 40 | $167,154 |
| William Law | Professor | 40 | $155,642 |
| Irene Gendel | Interim Cfo Until 5/31/2021 | 40 | $118,383 |
| David Sonnenberger | Interim Provost (until 5/1/2020) / Interim Chief Academic Officer | 40 | $110,459 |
| Aheed Siddiqi | Trustee (as of October 2024) | 1 | — |
| Anthony Mccain | Trustee | 1 | — |
| Becky Meggesin | Trustee; Vice Chair (as of 10/2024) | 1 | — |
| Bruce R Bronge | Trustee | 1 | — |
| Christopher E Birck | Vice Chair (through 10/2024); Chair (as of 10/2024) | 1 | — |
| Claudia J Colalillo | Trustee | 1 | — |
| Daniel F Rigby | Trustee | 1 | — |
| Deborah A Pagel | Trustee | 1 | — |
| Donna Sue Hrozencik Md | Trustee | 1 | — |
| Gregory Ziols | Trustee | 1 | — |
| James L Melsa | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Risepoint LLC | Educational Technology | $1,507,549 |
| Wiley Edu LLC | Marketing & Recruiting For Online Programs | $987,117 |
| Midwest Mechanical Group LLC | Property Maintenance | $846,158 |
| Clean Sweep Building Services LLC | Property Maintenance | $660,039 |
| Academic Partnerships LLC | Educational Technology | $357,312 |
Grants received · $3.2M total
39 grants to Benedictine University totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,125 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $100,000 |
| American Endowment Foundation | Educational | 2023 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $11,500 |
| National Philanthropic Tr | Culture & arts | 2023 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| The Chicago Community Trust | General operating support | 2022 | $50,000 |
| Northwestern University | Support of research activities | 2022 | $22,147 |
| Charities Aid Foundation America | Charitable donation | 2022 | $12,345 |
| Loyola University of Chicago | Cooperbelly water snakes study | 2022 | $5,570 |
| Raymond James Charitable Endowment Fund | General support | 2021 | $25,000 |
| American Endowment Foundation | Educational | 2021 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,550 |
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Compare Benedictine University
Frequently asked questions
- Is Benedictine University a legitimate nonprofit?
- Yes. Benedictine University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2722198, based in Lisle, Illinois. Donations are tax-deductible.
- What is Benedictine University's EIN?
- Benedictine University's Employer Identification Number (EIN) is 36-2722198.
- How much revenue does Benedictine University report?
- Benedictine University reported $91,328,886 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Benedictine University's spending goes to programs?
- Benedictine University spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Benedictine University have?
- CharityIndex grades Benedictine University A, based on program efficiency and fundraising cost.
- How much does Benedictine University's highest-paid employee make?
- The highest reported compensation on Benedictine University's latest Form 990 is $383,665, paid to Joseph Foy (President).
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Data for Benedictine University (EIN 36-2722198) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.