Brown University of Providence is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1971, with $1,645,616,164 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
Revenue (FY2023)
$1.6B
▲ 3.8% vs prior year
Community median: $184K
Expenses (FY2023)
$1.7B
Net assets
$8.3B
Employees
13,694
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 Brown University of Providence: 91% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Brown University of Providence: 58 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
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 Brown University of Providence: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Brown University of Providence: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
See schedule o
Student aid, fellowships and scholarships. (see schedule o)
Auxiliary services / activities includes the operation of the dormitories, dining services, health services, the bookstore, etc. these services accommodate students, faculty and staff by supporting academic and cultural enrichment.
Revenue grew from $1.1B (FY2013) to $1.6B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-4.3%
Spent more than it raised in the latest fiscal year.
Total assets
$10.0B
Total liabilities
$1.7B
Net assets
$8.3B
Salaries & benefits
$737.9M
43% of expenses
Board members
50
49 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,645,616,164▲3.8% | $1,715,970,020▲9.2% | $8,309,737,187▲8.4% | $10,038,579,738▲6.8% | 990 |
| 2022 | $1,585,724,817▼11.5% | $1,571,728,763▲10.9% | $7,669,035,141▲2.2% | $9,401,196,408▲1.7% | 990 |
| 2021 | $1,790,921,493▼17.4% | $1,416,794,449▲12.1% | $7,506,177,565▼3.6% | $9,240,581,030▼5.4% | 990 |
| 2020 | $2,168,375,421▲46.2% | $1,263,386,793▲5.6% | $7,790,017,676▲42.6% | $9,768,989,460▲42.0% | 990 |
| 2019 | $1,482,840,270▼6.8% | $1,196,799,161▲1.6% | $5,463,088,256▲8.0% | $6,878,444,251▲11.1% | 990 |
| 2018 | $1,590,495,113▲19.4% | $1,178,083,159▲3.2% | $5,057,288,666▲9.0% | $6,193,056,294▲7.2% | 990 |
| 2017 | $1,331,598,997▲5.0% | $1,141,377,207▲3.9% | $4,637,909,402▲10.8% | $5,776,361,953▲8.0% | 990 |
| 2016 | $1,268,115,085▲14.7% | $1,098,902,424▲6.8% | $4,184,347,944▲10.2% | $5,349,852,480▲7.5% | 990 |
| 2015 | $1,105,267,335▲2.3% | $1,029,361,619▲3.2% | $3,795,993,627▼2.9% | $4,975,814,069▼2.5% | 990 |
| 2014 | $1,080,375,719▼1.9% | $997,477,029▲5.4% | $3,908,838,163▲1.8% | $5,103,251,337▲4.2% | 990 |
| 2013 | $1,100,952,729 | $946,774,041▲5.9% | $3,838,090,725▲11.7% | $4,896,703,269▲11.3% | 990 |
| 2012 | — | $894,447,686▲4.9% | $3,434,565,358▲9.1% | $4,397,600,917▲6.3% | 990 |
| 2011 | — | $852,345,159▲7.7% | $3,148,255,826▼2.0% | $4,137,082,720▼0.7% | 990 |
| 2010 | — | $791,584,493▲1.3% | $3,213,835,597▲12.5% | $4,167,220,800▲11.9% | 990 |
| 2009 | — | $781,568,508 | $2,855,620,452 | $3,724,545,395 | 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.
Highest-paid: Jane Dietze — $2,900,456 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jane Dietze | Vp & Chief Investment Officer | 55 | $2,900,456 |
| Christina Paxson | President/fellow | 55 | $2,634,685 |
| Joshua T Kennedy | Managing Director | 55 | $1,287,835 |
| Peter Levine | Managing Director | 55 | $1,154,412 |
| Grace Calhoun | Vp For Athletics & Recreation | 55 | $1,086,282 |
| Mukesh Jain | Dean of Bio & Med | 55 | $1,045,714 |
| Erica Nourjian | Head of Operations-investments | 55 | $901,312 |
| Sergio Gonzalez | Svp For Advancement | 55 | $858,676 |
| Sarah Latham | Evp Fin & Admin | 55 | $835,416 |
| Katie Galvin | Investment Director | 55 | $770,140 |
| Jack Elias | Former Svp Health Affairs | 55 | $749,774 |
| Lawrence E Larson | Interim Provost (until 6/23) | 55 | $581,584 |
| Michael White | Vp Fin & Admin Svcs & Cfo | 55 | $521,306 |
| Francis J Doyle | Provost (7/1/23-on) | 55 | $478,673 |
| Russell Carey | Former Interim Evp Fin | 55 | $458,192 |
| Jill Pipher | Vp For Research | 55 | $435,936 |
| Kevin Mclaughlin | Former Dean of Faculty | 55 | $403,671 |
| Leah Vanwey | Dean of the Faculty | 55 | $376,308 |
| Michael Guglielmo Jr | Vp For Facilities & Campus Ops | 55 | $351,127 |
| Richard Locke | Former Provost | 0 | $116,187 |
| Contractor | Services | Paid |
|---|---|---|
| Shawmut Design Construction | Construction | $49,006,701 |
| Dimeo Construction Company | Construction | $28,169,667 |
| Compass Group USA Inc Bon Appeti | Food Services | $7,535,738 |
| Suffolk Construction | Construction | $6,861,509 |
| Sarra Engineering Inc | Engineering | $5,950,611 |
971 grants to Brown University of Providence totaling $647.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $13,067,900 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $2,950,870 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $1,874,784 |
| Silicon Valley Community Foundation | Education | 2024 | $1,753,000 |
| Fiduciary Charitable Foundation | Donations | 2024 | $1,001,500 |
| Nellie Mae Education Foundation Inc | Education research infrastructure initiative: new knowledge, innovations, and training in new england | 2024 | $850,000 |
| American Online Giving Foundation Inc | General support | 2024 | $717,343 |
| New Venture Fund | Youth development and education | 2024 | $710,421 |
| American Endowment Foundation | Community devel | 2024 | $647,000 |
| Charles Stark Draper Laboratory Inc | Scholar support | 2024 | $502,198 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $464,226 |
| Founders Pledge Inc | Fund charitable activities | 2024 | $326,000 |
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $323,759 |
| Rockefeller Philanthropy Advisors Inc | Education | 2024 | $318,339 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $274,925 |
235 grants totaling $45.5M in FY2023 — showing the 15 largest. All grants made by Brown University of Providence →
| Recipient | Purpose | Amount |
|---|---|---|
| Rhode Island Hospital | Subcontract grant | $3,024,026 |
| Hebrew Rehabilitation Center | Subcontract grant | $1,430,593 |
| University of Rochester - Oracs | Subcontract grant | $1,235,443 |
| Indiana University - Office of Research Administra | Subcontract grant | $1,193,432 |
| Regents of the University of Michigan | Subcontract grant | $1,162,370 |
| American Health Care Association and Subsidiary | Subcontract grant | $941,293 |
| University of Rochester | Subcontract grant | $887,696 |
| Mystic Seaport Museum Inc | Subcontract grant | $833,722 |
| University of North Carolina At Chapel Hill | Subcontract grant | $803,846 |
| University of Pittsburgh - Office of Researchcost | Subcontract grant | $747,379 |
| Duke University | Subcontract grant | $698,402 |
| Butler Hospital | Subcontract grant | $684,881 |
| University of Connecticut - Office For Sponsored P | Subcontract grant | $639,770 |
| Salk Institute For Biological Studies | Subcontract grant | $610,174 |
| University of Utah | Subcontract grant | $581,483 |
Explore more
Data for Brown University of Providence (EIN 05-0258809) 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.