Drexel University is a comprehensive national research institution located in Philadelphia, Pennsylvania. Classified as an R1 research university by the Carnegie Classification of Institutions of Higher Education—a designation held by only 37 private universities in the country—Drexel serves traditional, adult, and online students through undergraduate, graduate, and professional education programs. The university is organized into 16 colleges and schools offering more than 100 bachelor's degree programs and more than 120 graduate and professional degree programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9B
+2.4% YoY
Annual Giving
$19.4M
-8.8% YoY
Grant Count
141
+9.3% YoY
Avg Grant Size
$138K
-16.6% YoY
Mission & Focus Areas
Drexel University fulfills its founder's vision of preparing each new generation of students for productive professional and civic lives while focusing collective expertise on solving society's greatest problems. The institution emphasizes quality academics, state-of-the-art technology, and real-world learning and service.
The university's primary program area is instruction, with a focus on:
- Undergraduate and graduate education across diverse disciplines
- Research and innovation across multiple fields
- Professional development and civic engagement
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Total revenues: $1,400,964,891
- Total expenses: $1,453,206,532
- Total assets: $2,909,630,575
- Number of employees: 11,994
Fiscal Year 2023:
- Total assets: $2,842,408,922
- Total liabilities: $1,520,809,775
- Net assets/fund balances: $1,321,599,147
- Program service revenue: $1,075,763,484
- Investment income: $94,039,801
- Revenues less expenses: $7,247,076
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,909,630,575 | $2,842,408,922 | $2,419,583,188 |
| Revenue | $1,400,964,891 | $1,412,910,056 | $1,352,478,393 |
| Expenses | $1,453,206,532 | $1,405,662,980 | $1,329,025,773 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $68,650,217 | $94,039,801 | $55,168,114 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Clarifi ($629,411), Icahn School of Medicine at Mount Sinai ($385,098), Children's Hospital of Philadelphia ($363,425).
| Recipient | Purpose | Amount |
|---|---|---|
| 21ST CENTURY PARTNERSHIP FOR STEM EDUCATION WAYNE, PA | RESEARCH | $226,249 |
| AAPLASMA PHILADELPHIA, PA | RESEARCH | $107,834 |
| ALLEGHENY-SINGER RESEARCH INSTITUTE CLEVELAND, OH | RESEARCH | $8,132 |
| ARIZONA STATE UNIVERSITY TEMPE, AZ | RESEARCH | $53,466 |
| ARXIS LEAGUE INC RIDGEFIELD, CT | RESEARCH | $173,754 |
| AUGUSTA UNIVERSITY RESEARCH INSTITUTE INC AUGUSTA, GA | RESEARCH | $30,982 |
| BCDI - PHILADELPHIA & VICINITY PHILADELPHIA, PA | RESEARCH | $20,000 |
| BETH ISRAEL DEACONESS MEDICAL CTR BOSTON, MA | RESEARCH | $22,168 |
| BETHANNA SOUTHAMPTON, PA | RESEARCH | $20,000 |
| BOARD OF REGENTS OF THE UNIV OF OKLAHOMA HEALTH SCIENCE CTR OKLAHOMA CITY, OK | RESEARCH | $24,910 |
Leadership & Key People
Leadership team and compensation from IRS filings
Research & Innovation:
- Aleister J. Saunders, Ph.D., Executive Vice Provost for Research & Innovation
- Gia Boersema, Assistant Vice Provost, Sponsored Programs
Legal:
- Timothy Raynor, Associate General Counsel
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN A FRY | PRESIDENT | 40 | $2,694,118 |
| ALFRED F ALTOMARI | TRUSTEE | 2 | — |
| CHRIS MCKENDRY ANDRADE | TRUSTEE | 2 | — |
| MICHAEL BARRY TO 524 | TRUSTEE | 2 | — |
| JEFFREY A BEACHELL | TRUSTEE | 2 | — |
| JAMES BEAN | TRUSTEE | 2 | — |
| SALLY J BELLET TO 524 | TRUSTEE | 2 | — |
| GREGORY S BENTLEY | TRUSTEE | 2 | — |
| THOMAS E BERK | TRUSTEE | 2 | — |
| TED BRYCE | TRUSTEE | 2 | — |
| KAREN DOUGHERTY BUCHHOLZ | TRUSTEE | 2 | — |
| THOMAS A CARAMANICO | TRUSTEE | 2 | — |
| HONORABLE IDA K CHEN | TRUSTEE | 2 | — |
| KATHLEEN P CHIMICLES | TRUSTEE | 2 | — |
| K BLAIR CHRISTIE AS OF 524 | TRUSTEE | 2 | — |
| DELLA CLARK | TRUSTEE | 2 | — |
| ABBIE DEAN | TRUSTEE | 2 | — |
| NICHOLAS DEBENEDICTIS | TRUSTEE | 2 | — |
| AMISH DESAI | TRUSTEE | 2 | — |
| GERIANNE TRINGALI DIPIANO | TRUSTEE | 2 | — |
| DOMENIC M DIPIERO III | TRUSTEE | 2 | — |
| ANGELA DOWD-BURTON | TRUSTEE | 2 | — |
| THOMAS O FITZPATRICK ESQ | TRUSTEE | 2 | — |
| BRIAN R FORD | TRUSTEE | 2 | — |
| MICHAEL FORMAN | TRUSTEE | 2 | — |
| KENNETH FULMER | TRUSTEE | 2 | — |
| SEAN J GALLAGHER | TRUSTEE | 2 | — |
| DAVID R GELTZER | TRUSTEE | 2 | — |
| RICHARD A GREENAWALT | CHAIR | 2 | — |
| DAVID GRIFFITH | TRUSTEE | 2 | — |
| MAURICIO GUTIERREZ | TRUSTEE | 2 | — |
| RICHARD A HAYNE | VICE CHAIR | 2 | — |
| NINA HENDERSON | VICE CHAIR | 2 | — |
| NICK HOWLEY AS OF 1223 | TRUSTEE | 2 | — |
| CLIFFORD A HUDIS AS OF 524 | TRUSTEE | 2 | — |
| RICHARD C ILL | TRUSTEE | 2 | — |
| PATRICIA H IMBESI | TRUSTEE | 2 | — |
| JOSEPH H JACOVINI ESQ | TRUSTEE | 2 | — |
| THOMAS R KLINE | TRUSTEE | 2 | — |
| CORINA LAM | TRUSTEE | 2 | — |
| J MICHAEL LAWRIE | TRUSTEE | 2 | — |
| THOMAS LEONARD | TRUSTEE | 2 | — |
| ALBERT LORD | TRUSTEE | 2 | — |
| JEFFREY LYASH JR | TRUSTEE | 2 | — |
| JERRY J MARTIN | TRUSTEE | 2 | — |
| MARK MCADOO | TRUSTEE | 2 | — |
| PATRICK MCGONIGAL | TRUSTEE | 2 | — |
| MATTHEW S NAYLOR | TRUSTEE | 2 | — |
| DENIS P O'BRIEN | TRUSTEE | 2 | — |
| KEVIN J O'HARA | TRUSTEE | 2 | — |
| RICHELLE P PARHAM | VICE CHAIR | 2 | — |
| THOMAS M RAMPULLA | TRUSTEE | 2 | — |
| KATHLEEN REAPE AS OF 524 | TRUSTEE | 2 | — |
| KATHLEEN REARDON | TRUSTEE | 2 | — |
| MARIA RENZ | TRUSTEE | 2 | — |
| LEVOYD ROBINSON | TRUSTEE | 2 | — |
| VIRGINIA S ROSE | TRUSTEE | 2 | — |
| STANLEY W SILVERMAN | VICE CHAIR | 2 | — |
| JOSEPH P UJOBAI | TRUSTEE | 2 | — |
| CHARLES K VALUTAS | TRUSTEE | 2 | — |
| STEPHEN L WANNER AS OF 524 | TRUSTEE | 2 | — |
| MICHAEL J WILLIAMS | TRUSTEE | 2 | — |
| HELEN Y BOWMAN | EXECUTIVE VP/TREASURER/COO | 40 | $724,556 |
| DARIN PFEIFER | SECRETARY | 40 | $182,674 |
| CHARLES CAIRNS | DEAN & SVP MED AFFAIRS COM | 40 | $815,667 |
| PAUL JENSEN | SVP & NINA HENDERSON PROVOST | 40 | $652,428 |
| ELISABETH VAN BOCKSTAELE | SVP GRAD, AND ONLINE ED. | 40 | $532,001 |
| DAVID L UNRUH | SVP INST ADVANCEMENT | 40 | $526,686 |
| MICHAEL J EXLER ESQ | SVP AND GENERAL COUNSEL | 40 | $519,205 |
| SUBIR SAHU | SVP STUDENT SUCCESS | 40 | $487,751 |
| MEGAN WEYLER | SVP AND CHRO | 40 | $443,985 |
| TRACEY POWELL | SVP, UNIV MARKETING & COMM | 40 | $432,869 |
| BRIAN T KEECH | SVP GOV & COMMUNITY RELATIONS | 40 | $340,280 |
| ALEISTER SAUNDERS | EXEC VICE PROV, RES & INNOVATION | 40 | $340,082 |
| CATHERINE ULOZAS | SVP CHIEF INVESTMENT OFFICER | 40 | $312,053 |
| EVELYN THIMBA TO 723 | SVP ENROLLMENT MANAGEMENT | 40 | $207,969 |
| SHARON WALKER | DEAN, COLLEGE OF ENGINEERING | 40 | $471,287 |
| PAUL BRANDT-RAUF | DEAN, SCHOOL OF BIOMEDICAL | 40 | $470,397 |
| ZACHARY SPIKER | HEAD COACH, BASKETBALL | 40 | $467,541 |
| DANIEL FILLER | DEAN, KLINE SCHOOL OF LAW | 40 | $467,208 |
| BRIAN WIGDAHL | CHAIR, MICROBIOLOGY CONTROL | 40 | $461,869 |
| DANIEL SCHIDLOW | FORMER KEY EMPLOYEE | 40 | $323,111 |
| NIKI GIANAKARIS | FORMER KEY EMPLOYEE | 40 | $164,986 |
| DAVID RUSENKO | FORMER KEY EMPLOYEE | 40 | $125,376 |
Recent Activity
Recent developments and announcements
Drexel University has been active in securing grants and sponsored research opportunities. Recent academic activity includes sponsored opportunities and new partnerships, with faculty receiving awards and grants across multiple schools and departments, including the Dornsife School of Public Health. The university has received grants to support research initiatives, including studies on stress and violence in fire-based EMS services.
Drexel University''s Recent Academic Activity: Sponsored Opportunities andSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Drexel University fund?
Drexel University fulfills its founder's vision of preparing each new generation of students for productive professional and civic lives while focusing collective expertise on solving society's greatest problems. The institution emphasizes quality academics, state-of-the-art technology, and real-world learning and service. The university's primary program area is instruction, with a focus on: • Undergraduate and graduate education across diverse disciplines • Research and innovation across mult…
What size grants does Drexel University award?
In 2024, Drexel University awarded 141 grants totaling $19.4M — an average of about $138K per grant, based on its IRS Form 990 filings.
What is Drexel University's EIN?
Drexel University's EIN (Employer Identification Number) is 23-1352630. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Drexel University's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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