Trustees of Columbia University
90% goes to programs $7 to raise $100 Strong reserves
Trustees of Columbia University is a 501(c)(3) organization based in New York, New York, registered in 1974, with $7,314,092,533 in FY2023 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
615 West 131 Street 3rd Floor, New York, NY, 10027 EIN 13-5598093 Since 1974
Revenue (FY2023)
$7.3B
▲ 9.9% vs prior year
Education median: $200K
Expenses (FY2023)
$6.8B
Net assets
$19.8B
Employees
41,277
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating90% to programs · $7 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 Trustees of Columbia University: 90% to programs · $7 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +6% 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 Trustees of Columbia University: 35 mo reserves · +6% 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 Trustees of Columbia University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Trustees of Columbia University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See attachment 1
What they do
The university, through the columbia university irving medical center and its medical faculty practice plan, provides direct patient care and other clinical and educational services to hospitals and other health care institutions through contractual agreements for services.
The university performs research, training, and other services under grants and contracts with agencies of the federal government and other sponsoring organizations.
Contact & location
- Address
- 615 West 131 Street 3rd Floor, New York, NY, 10027
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $4.5B (FY2013) to $7.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.0BNet assets $19.8B
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.8B
Total liabilities
$5.0B
Net assets
$19.8B
Salaries & benefits
$4.2B
61% of expenses
Board members
21
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,314,092,533▲9.9% | $6,846,031,159▲6.4% | $19,763,416,824▲5.8% | $24,801,091,365▲5.3% | 990 |
| 2022 | $6,654,842,677▼6.4% | $6,436,351,941▲7.8% | $18,682,804,251▲1.5% | $23,551,142,933▲1.6% | 990 |
| 2021 | $7,109,530,946▲7.3% | $5,968,317,813▲7.0% | $18,402,006,362▼6.1% | $23,190,224,660▼5.9% | 990 |
| 2020 | $6,627,730,769▲11.5% | $5,578,205,320▲0.8% | $19,590,929,281▲20.5% | $24,655,584,077▲17.7% | 990 |
| 2019 | $5,943,395,882▲7.0% | $5,533,207,364▲5.0% | $16,259,215,592▲1.7% | $20,956,690,344▲5.2% | 990 |
| 2018 | $5,554,552,356▼5.7% | $5,268,492,284▲4.9% | $15,984,284,555▲1.6% | $19,924,189,461▲1.4% | 990 |
| 2017 | $5,888,095,558▲4.0% | $5,022,865,651▲5.2% | $15,739,320,366▲7.2% | $19,649,851,030▲6.2% | 990 |
| 2016 | $5,660,472,525▲20.2% | $4,774,904,153▲8.7% | $14,686,041,891▲11.1% | $18,506,580,939▲11.0% | 990 |
| 2015 | $4,708,225,588▼4.1% | $4,392,793,832▲6.1% | $13,216,500,326▼2.8% | $16,672,598,896▼0.6% | 990 |
| 2014 | $4,910,706,402▲9.8% | $4,139,274,346▲5.7% | $13,590,624,037▲4.4% | $16,779,372,320▲5.2% | 990 |
| 2013 | $4,471,027,733 | $3,916,035,766▲4.1% | $13,022,857,350▲12.1% | $15,957,288,201▲9.0% | 990 |
| 2012 | — | $3,762,250,955▲1.9% | $11,617,590,974▲10.0% | $14,639,477,138▲7.4% | 990 |
| 2011 | — | $3,692,870,058▲3.1% | $10,557,807,436 | $13,627,251,849▲1.7% | 990 |
| 2010 | — | $3,581,388,880▲5.1% | $10,558,702,070▲25.5% | $13,398,567,044▲21.6% | 990 |
| 2009 | — | $3,406,671,047 | $8,415,100,892 | $11,018,079,749 | 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 (FY2023)
Highest-paid: Lawrence Gerald Lenke — $7,408,169 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lawrence Gerald Lenke | Professor of Surgery | 60 | $7,408,169 |
| Ronald Arthur Lehman Jr | Professor of Surgery | 60 | $3,874,661 |
| Emile Bacha | Professor of Surgery | 60 | $3,281,941 |
| David N Silvers | Clinical Professor | 60 | $3,186,576 |
| Lee C Bollinger | President (former) | 60 | $3,176,262 |
| Craig Smith | Professor of Surgery | 60 | $3,166,654 |
| Kim Lew | Ceo of Imc | 60 | $1,976,263 |
| Katrina Armstrong | Evp Health Sciences | 60 | $1,608,705 |
| Anil Rustgi | Int Evp Sci (former) | 60 | $1,222,179 |
| Lee Goldman | Evp Health Sciences (former) | 60 | $1,025,075 |
| Mary Boyce | Provost (former) | 60 | $1,010,334 |
| Anne R Sullivan | Executive Vp For Finance | 59.8 | $1,009,062 |
| Nemat Minouche T Shafik | President (as of 7/1/23) | 59.9 | $956,395 |
| Gerald M Rosberg | Senior Evp (through 6/21/24) | 59.9 | $953,491 |
| Amelia Alverson | Exec Vp - Univ Dvlp&alum Rlts | 60 | $869,799 |
| Felice Rosan | General Counsel | 60 | $841,251 |
| Amy Hungerford | Exec Vp-a&s | 59.9 | $790,652 |
| Ira Katznelson | Int Provost (former) | 60 | $763,629 |
| Dennis Mitchell | Int Provost (7/1/23-3/31/24) | 59.9 | $717,442 |
| Susan K Glancy | Secretary (as of 1/1/24) | 60 | $712,787 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Pavarini Mcgovern LLC | Construction Srvcs | $39,831,020 |
| Universal Protection Service LP | Security Services | $15,103,828 |
| Spk Lewis Construction LLC | Construction Srvcs | $9,149,832 |
| Hudson Heart Management LLC | Medical Services | $7,323,267 |
| Debevoise Plimpton LLP | Legal Services | $6,462,596 |
Grants received · $1.1B total
2,167 grants to Trustees of Columbia University totaling $1.1B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Miami | Research | 2024 | $5,430,881 |
| Silicon Valley Community Foundation | Education | 2024 | $4,320,750 |
| The Mark Foundation For Cancer Research Us Ltd | Research | 2024 | $2,750,000 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $2,409,454 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $2,241,483 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $2,151,826 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $2,000,000 |
| Mayo Clinic Group Return | Support charitable programs | 2024 | $1,730,069 |
| The Skoll Fund | Health | 2024 | $1,500,000 |
| Chan Zuckerberg Biohub Inc | Scientific and medical research | 2024 | $1,442,193 |
| Cystic Fibrosis Foundation | Therapeutics discovery research | 2024 | $1,415,822 |
| Robin Hood Foundation | Poverty relief | 2024 | $1,400,000 |
| American Heart Association Inc | Research | 2024 | $1,373,127 |
| Cystic Fibrosis Foundation | Research | 2024 | $1,202,973 |
| Blood Cancer United Inc | Research grant | 2024 | $1,173,600 |
Grants made · $182.1M in FY2023
440 grants totaling $182.1M in FY2023 — showing the 15 largest. All grants made by Trustees of Columbia University →
| Recipient | Purpose | Amount |
|---|---|---|
| Columbia University Health Care Inc | Capital contribution | $12,809,000 |
| George Washington University | Research | $9,541,201 |
| Vanguard Charitable Endowment Program | Program services | $5,615,131 |
| Weill Medical College | Research | $5,222,127 |
| Johns Hopkins University | Research | $3,984,686 |
| Regents of the University of Michigan | Research | $3,609,609 |
| Icahn School of Medicine At Mount Sinai | Edu/research | $3,551,094 |
| University of Alabama At Birmingham | Research | $3,374,490 |
| New York University | Research | $3,219,665 |
| University of Washington | Research | $2,910,427 |
| Reid Hall Inc | Capital contribution | $2,826,439 |
| Trustees of the University of Pennsylvania | Research | $2,805,248 |
| Research Foundation For the State University of New York | Research | $2,754,353 |
| University of Pittsburgh | Research | $2,531,193 |
| University of Chicago | Research | $2,480,919 |
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Frequently asked questions
- Is Trustees of Columbia University a legitimate nonprofit?
- Yes. Trustees of Columbia University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-5598093, based in New York, New York. Donations are tax-deductible.
- What is Trustees of Columbia University's EIN?
- Trustees of Columbia University's Employer Identification Number (EIN) is 13-5598093.
- How much revenue does Trustees of Columbia University report?
- Trustees of Columbia University reported $7,314,092,533 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trustees of Columbia University's spending goes to programs?
- Trustees of Columbia University spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trustees of Columbia University have?
- CharityIndex grades Trustees of Columbia University A+, based on program efficiency and fundraising cost.
- How much does Trustees of Columbia University's highest-paid employee make?
- The highest reported compensation on Trustees of Columbia University's latest Form 990 is $7,408,169, paid to Lawrence Gerald Lenke (Professor of Surgery).
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Data for Trustees of Columbia University (EIN 13-5598093) 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.