Trustees of Tufts College
85% goes to programs $9 to raise $100 Strong reserves
Trustees of Tufts College is a 501(c)(3) organization based in Medford, Massachusetts, registered in 1932, with $1,389,784,787 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
80 George St, Medford, MA, 02155 EIN 04-2103634 Since 1932
Revenue (FY2023)
$1.4B
▲ 3.8% vs prior year
Education median: $200K
Expenses (FY2023)
$1.4B
Net assets
$3.5B
Employees
13,436
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 rating85% to programs · $9 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 Tufts College: 85% to programs · $9 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +0% 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 Tufts College: 30 mo reserves · +0% 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 Tufts College: 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 Tufts College: 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.
Mission
Education and research
What they do
Research -there were 1,145 government and 740 non-government grants active in fiscal year 2024. sponsored research at tufts was performed in the medical, dental, and veterinary schools as well as in the basic science departments of arts & science & engineering. research is also being performed at the usda human nutrition research center on aging. also, clinical and other research activities include 30 clinics that are operated by the dental and veterinary schools to train students and support their research. other educational activities include, among others, veterinary school newsletters and continuing education programs for health school professionals.
Auxiliary enterprises - activities primarily consist of services for students, including student housing, dining services and health services. during the 2024 fiscal year there were 65 residence halls housing 4,063 students. approximately 5,440 meal plans were sold to students each semester.
Contact & location
- Address
- 80 George St, Medford, MA, 02155
- City
- Medford
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $965.8M (FY2013) to $1.4B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.2BNet assets $3.5B
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$1.2B
Net assets
$3.5B
Salaries & benefits
$739.5M
53% of expenses
Board members
39
37 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,389,784,787▲3.8% | $1,385,298,190▲4.7% | $3,493,572,982▲4.9% | $4,731,548,193▲3.2% | 990 |
| 2022 | $1,339,090,449▼6.6% | $1,323,001,574▲5.6% | $3,328,808,111▲2.2% | $4,585,938,808▲0.8% | 990 |
| 2021 | $1,433,143,172▲7.9% | $1,252,572,176▲10.0% | $3,258,725,291▼6.9% | $4,549,997,073▼6.2% | 990 |
| 2020 | $1,328,201,622▲18.7% | $1,138,493,828▲4.8% | $3,498,374,495▲29.9% | $4,849,020,407▲28.8% | 990 |
| 2019 | $1,118,552,829▼9.4% | $1,086,530,539▲0.8% | $2,692,401,355▲0.7% | $3,763,335,065▲0.2% | 990 |
| 2018 | $1,234,322,522▲7.9% | $1,078,435,077▲4.2% | $2,672,656,474▲3.4% | $3,756,859,625▲3.0% | 990 |
| 2017 | $1,144,480,452▲10.5% | $1,034,608,728▲2.4% | $2,584,173,978▲7.3% | $3,646,586,839▲4.7% | 990 |
| 2016 | $1,036,091,520▲10.6% | $1,010,359,050▲5.6% | $2,408,949,419▲12.5% | $3,483,123,623▲10.7% | 990 |
| 2015 | $936,861,913▲2.5% | $957,093,086▲1.8% | $2,141,882,517▼4.2% | $3,147,235,018▼0.7% | 990 |
| 2014 | $914,403,538▼5.3% | $939,958,889▲4.7% | $2,235,096,273▼1.5% | $3,169,216,075▲0.3% | 990 |
| 2013 | $965,765,853 | $897,648,157▲3.4% | $2,268,010,196▲9.2% | $3,160,314,114▲6.0% | 990 |
| 2012 | — | $867,948,687▲5.3% | $2,076,651,018▲6.6% | $2,981,550,363▲3.8% | 990 |
| 2011 | — | $824,284,146▲7.3% | $1,948,828,546▼4.9% | $2,873,083,496▲5.7% | 990 |
| 2010 | — | $767,972,049▲2.6% | $2,049,438,493▲14.6% | $2,718,084,090▲10.7% | 990 |
| 2009 | — | $748,848,524 | $1,787,776,551 | $2,455,510,314 | 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: Anthony P Monaco — $1,034,376 (0.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anthony P Monaco | President Emeritus and University Professor (see Schedule O) | 60 | $1,034,376 |
| Rachel E Kyte | Dean Fletcher School | 40 | $834,591 |
| Helen W Boucher | Dean of Medical School | 40 | $802,322 |
| Caroline Genco | Provost and Senior Vice President | 40 | $719,194 |
| Michael W Howard | Executive Vp | 40 | $674,939 |
| Eric C Johnson | See Schedule O For Title | 40 | $586,862 |
| Sunil Kumar | Trustee & University President - Start Date 7/1/2023 | 60 | $577,870 |
| Mary R Jeka | Svp - University Relations and General Counsel | 40 | $567,222 |
| Craig W Smith | Chief Investment Officer | 40 | $549,656 |
| James M Hurley | Cfo, Vp-finance & Treasurer | 40 | $497,027 |
| Wael Att | Professor of Dental Medicine - End Date 8/12/2023 | 40 | $472,564 |
| Matthias Scheutz | Professor of Computer Science | 40 | $470,441 |
| Nadeem Karimbux | Dean Dental School | 40 | $451,042 |
| James M Glaser | Dean Arts & Sciences - End Date 6/30/2024 | 40 | $450,732 |
| Sara M Judge | Vp Development | 40 | $450,454 |
| Christopher M Sedore | Vp - Information Technology, Cio | 40 | $444,354 |
| Kyongbum Lee | Dean of Engineering | 40 | $421,932 |
| Kim Ryan | Vp Human Resources | 40 | $376,530 |
| Barbara Stein | Vp Operations | 40 | $366,976 |
| Alastair E Cribb | Dean Cummings School | 40 | $341,395 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Windover Construction Inc | Construction | $13,522,690 |
| C & W Facility Services Inc | Cleaning | $12,895,600 |
| Dc Beane and Associates Construction Co | Construction | $9,209,671 |
| Bowdoin Construction Corp | Construction | $7,861,431 |
| Dellbrook Jks | Construction | $6,147,936 |
Grants received · $251.6M total
894 grants to Trustees of Tufts College totaling $251.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Mastercard Foundation | Youth learning | 2024 | $9,434,798 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $2,998,600 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $1,050,000 |
| Neubauer Family Charitable Trust | Education | 2024 | $910,000 |
| American Endowment Foundation | Educational | 2024 | $826,350 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $555,000 |
| Silicon Valley Community Foundation | Education | 2024 | $463,419 |
| American Online Giving Foundation Inc | General support | 2024 | $388,741 |
| Kaiser Foundation Health Plan Inc | Population health management | 2024 | $350,000 |
| American Diabetes Association Inc | Research career initiator | 2024 | $305,042 |
| Charles Stark Draper Laboratory Inc | Scholar support | 2024 | $302,839 |
| Fidelity Non-profit Management Foundation | Endowment | 2024 | $300,000 |
| Fjc | General operating support | 2024 | $292,000 |
| The Bessemer Giving Fund | General support | 2024 | $221,000 |
| Foundation Fighting Blindness Inc | Research | 2024 | $199,999 |
Grants made · $26.6M in FY2023
139 grants totaling $26.6M in FY2023 — showing the 15 largest. All grants made by Trustees of Tufts College →
| Recipient | Purpose | Amount |
|---|---|---|
| Tufts Medical Center Parent Inc | Subcontract grant award | $2,571,662 |
| Mubulushu International Inc | Subcontract grant award | $2,032,712 |
| Tetra Tech Ard | Subcontract grant award | $1,281,483 |
| Massachusetts Institute of Technology | Subcontract grant award | $1,151,546 |
| University of Massachusetts | Subcontract grant award | $1,042,941 |
| Mass General Brigham Incorporated | Subcontract grant award | $917,681 |
| North Carolina Department of Health | Subcontract grant award | $785,497 |
| Jsi Research & Training Institute Inc | Subcontract grant award | $768,241 |
| Northeastern University | Subcontract grant award | $684,790 |
| Georgia Department of Public Health | Subcontract grant award | $604,367 |
| Thinking Robots Inc | Subcontract grant award | $538,485 |
| State of South Carolina | Subcontract grant award | $454,876 |
| University of Texas | Subcontract grant award | $406,100 |
| University of Washington | Subcontract grant award | $384,529 |
| Washington University | Subcontract grant award | $338,093 |
Similar organizations in Education
Education
Boston College Trustees
Chestnut Hill, MA
$1.8B
Aannual revenue
- Education
Harvard Management Private Equity Corporation
Boston, MA
$2.1B
Aannual revenue
Education
Brandeis University
Waltham, MA
$502.5M
Aannual revenue
Education
Berklee College of Music Inc
Boston, MA
$460.3M
Aannual revenue
Education
Williams College
Williamstown, MA
$447.9M
Aannual revenue
Education
Trustees of Amherst College
Amherst, MA
$433.0M
Aannual revenue
Education
Trustees of the Smith College
Northampton, MA
$390.1M
Aannual revenue
Education
Bentley University
Waltham, MA
$384.7M
B+annual revenue
Education
Wellesley College
Wellesley, MA
$379.1M
Aannual revenue
Education
Babson College
Wellesley, MA
$358.8M
Aannual revenue
Compare Trustees of Tufts College
Frequently asked questions
- Is Trustees of Tufts College a legitimate nonprofit?
- Yes. Trustees of Tufts College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103634, based in Medford, Massachusetts. Donations are tax-deductible.
- What is Trustees of Tufts College's EIN?
- Trustees of Tufts College's Employer Identification Number (EIN) is 04-2103634.
- How much revenue does Trustees of Tufts College report?
- Trustees of Tufts College reported $1,389,784,787 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trustees of Tufts College's spending goes to programs?
- Trustees of Tufts College spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trustees of Tufts College have?
- CharityIndex grades Trustees of Tufts College A, based on program efficiency and fundraising cost.
- How much does Trustees of Tufts College's highest-paid employee make?
- The highest reported compensation on Trustees of Tufts College's latest Form 990 is $1,034,376, paid to Anthony P Monaco (President Emeritus and University Professor (see Schedule O)).
More nonprofits in Medford
Explore more
Data for Trustees of Tufts College (EIN 04-2103634) 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.