Fordham University is a 501(c)(3) organization based in Bronx, New York, registered in 1938, with $1,124,307,747 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
Revenue (FY2023)
$1.1B
▲ 10.5% vs prior year
Education median: $200K
Expenses (FY2023)
$1.1B
Net assets
$1.7B
Employees
7,965
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 Fordham University: 91% to programs · $20 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 Fordham University: 18 mo reserves · +3% margin earns a A 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 Fordham University: 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 Fordham University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To provide the highest quality education to undergraduate and graduate students, in the jesuit tradition.
Student housing & food services the university provides various services for the benefit of its students, faculty and staff and in support of educational activities.
Revenue grew from $773.9M (FY2013) to $1.1B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5B
Total liabilities
$781.2M
Net assets
$1.7B
Salaries & benefits
$444.9M
41% of expenses
Board members
37
35 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,124,307,747▲10.5% | $1,092,498,794▲4.7% | $1,671,889,189▲4.0% | $2,453,071,111▲2.1% | 990 |
| 2022 | $1,017,256,067▼4.7% | $1,043,381,404▲2.6% | $1,606,841,058▲3.4% | $2,402,364,778▲1.2% | 990 |
| 2021 | $1,067,464,398▲11.9% | $1,016,816,186▲9.9% | $1,553,941,686▼1.9% | $2,374,890,617▼2.3% | 990 |
| 2020 | $953,892,663▲1.9% | $925,168,621▲0.6% | $1,584,078,870▲16.5% | $2,430,141,698▲13.2% | 990 |
| 2019 | $936,054,028▲0.3% | $919,887,826▲5.3% | $1,359,540,365▼1.7% | $2,146,125,008▲6.7% | 990 |
| 2018 | $933,528,802▲6.9% | $873,646,613▲2.4% | $1,382,712,995▲3.9% | $2,011,382,272▲2.6% | 990 |
| 2017 | $873,402,272▲4.4% | $853,244,681▲6.6% | $1,331,020,063▲3.1% | $1,960,346,078▲2.7% | 990 |
| 2016 | $836,743,901▲8.4% | $800,509,583▲4.7% | $1,291,451,114▲9.7% | $1,908,507,983▲5.2% | 990 |
| 2015 | $771,884,618▼0.1% | $764,786,089▲3.7% | $1,177,699,674▼4.3% | $1,814,526,108▼2.5% | 990 |
| 2014 | $772,631,264▼0.2% | $737,268,604▲7.7% | $1,230,110,334▼0.7% | $1,860,886,492▼0.9% | 990 |
| 2013 | $773,942,466 | $684,427,310▲3.2% | $1,238,964,510▲8.8% | $1,877,208,238▲8.6% | 990 |
| 2012 | — | $663,263,771▲6.1% | $1,138,802,914▲8.5% | $1,729,196,097▲4.4% | 990 |
| 2011 | — | $624,958,346▲5.2% | $1,049,330,886▲6.1% | $1,655,596,511▲4.8% | 990 |
| 2010 | — | $593,960,561▲7.7% | $989,242,819▲40.3% | $1,579,660,908▲37.7% | 990 |
| 2009 | — | $551,625,677 | $705,250,265 | $1,147,448,135 | 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: Tania Tetlow — $1,516,067 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tania Tetlow | President & Trustee | 35 | $1,516,067 |
| Keith A Urgo | Head Men's Basketball Coach | 35 | $1,047,652 |
| Martha K Hirst | Svp, Cfo, & Treasurer (end 7/23) | 35 | $703,662 |
| Dennis C Jacobs | Provost & Svp of Academic Affairs | 35 | $685,432 |
| Geeta Palshikar | Chief Investment Officer | 35 | $588,688 |
| Matthew Diller | Dean | 35 | $551,772 |
| Roger Milici | Vp For Development & University Relations (ofc Thru 2/24) | 35 | $544,099 |
| Donna M Rapaccioli | Professor | 35 | $519,285 |
| Iftekhar Hasan | Professor | 35 | $508,934 |
| Marco Valera | Vp For Administration (ofc Thru 2/24) | 35 | $485,465 |
| Jonathan Crystal | Vice Provost For Academic Affairs | 0 | $452,865 |
| Jeffrey Gray | Svp of Student Affairs (end 8/23) | 35 | $445,354 |
| Kay Turner | Vp For Human Resources (ofc Thru 2/24) | 35 | $409,822 |
| Margaret Ball | Vice Pres. & General Counsel (end 12/23) | 35 | $399,137 |
| Anand Padmanabhan | Vp of Information Technology & Cio (ofc Thru 2/24) | 35 | $390,800 |
| Nicholas Milowski | Vp of Finance & Asst Treasurer (end 10/23) | 35 | $337,356 |
| Dorothy Marinucci | University Secretary | 35 | $319,626 |
| John Buckley | Svp For Enrollment (ofc Thru 2/24) | 35 | $306,429 |
| Frank Simio | Former Vp For Lincoln Center (end 6/23) | 0 | $248,574 |
| Anthony Grono | Interim Vp of Fin & Asst Treas (start 10/23, End 9/24) | 35 | $237,806 |
| Contractor | Services | Paid |
|---|---|---|
| Tishman Interiors Corporation | Construction | $28,247,892 |
| Aramark Services Inc | Food Service | $27,044,331 |
| 2u Inc | Online Education | $25,386,167 |
| Allied Universal Security Services | Security Services | $8,548,520 |
| Alvin Ailey Dance Foundation Inc | Academic Partnership | $3,633,288 |
301 grants to Fordham University totaling $77.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $1,649,650 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $835,000 |
| Foundation Fighting Blindness Inc | Research | 2024 | $539,141 |
| American Endowment Foundation | Arts, culture | 2024 | $409,900 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $200,000 |
| American Online Giving Foundation Inc | General support | 2024 | $184,289 |
| Ayco Charitable Foundation | Education | 2024 | $160,755 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $115,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $114,394 |
| New Venture Fund | Technology and innovation | 2024 | $89,940 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $81,700 |
| Community Foundation of New Jersey | Universities, graduate schools or law schools | 2024 | $50,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Impactassets Inc | General support | 2024 | $22,500 |
| Baylor University | Subcontract-research | 2024 | $20,564 |
30 grants totaling $1.5M in FY2023 — showing the 15 largest. All grants made by Fordham University →
| Recipient | Purpose | Amount |
|---|---|---|
| Icahn School of Medicine At Mount Sinai | Research | $418,704 |
| Central Connecticut State University | Research | $208,704 |
| Pilnet | Research | $168,837 |
| The Board of Trustees of the Leland Stanford Junior University | Research | $74,649 |
| Grambling State University | Research | $72,752 |
| Regents of the University of California At Riverside | Research | $52,858 |
| Regents of the University of California At San Diego | Research | $52,157 |
| University of Houston-clear Lake | Research | $45,579 |
| Tennessee Technological University | Research | $44,651 |
| Research Foundation of the City University of New York | Research | $37,044 |
| The Administrators of the Tulane Educational Fund | Research | $33,291 |
| San Diego State University Foundation | Research | $31,942 |
| New Mexico State University | Research | $29,372 |
| Yale University | Research | $29,315 |
| Dillard University | Research | $27,954 |
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Data for Fordham University (EIN 13-1740451) 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.