Northeastern University is a private research university located in Boston, Massachusetts, established in 1898. The institution operates across multiple neighborhoods including Fenway-Kenmore, Roxbury, South End, and Back Bay. As a 501(c)(3) nonprofit organization, Northeastern is designated for educational purposes and has maintained tax-exempt status since April 1995.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4B
+6.7% YoY
Annual Giving
$52.1M
+23.6% YoY
Grant Count
168
+7.7% YoY
Avg Grant Size
$310K
+14.8% YoY
Mission & Focus Areas
Northeastern University enables students to fulfill their educational goals through teaching and advising that results in the granting of associate, bachelor, master, and doctoral degrees across a variety of academic disciplines.
The university's academic structure includes:
- Bouvé College of Health Science
- College of Arts, Media and Design
- D'Amore-McKim School of Business
- College of Computer and Information Science
- College of Engineering
- College of Professional Studies
- College of Science
- College of Social Sciences and Humanities
- School of Law
Primary program areas include instruction, student financial aid, and auxiliary enterprises including student housing across 34 residential buildings.
Grantmaking
Northeastern University administers grants and scholarships to students from multiple sources including federal and state governments, institutional funds, and endowment/donor funding through its Office of Student Financial Services.
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Geographic Focus
Where this funder awards grants
Northeastern's grantmaking focuses primarily on Massachusetts, California, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $6.37 billion
- Total Revenue: $2.98 billion
- Total Expenses: $2.76 billion
As of 2023:
- Total Assets: $5.97 billion
- Total Revenue: $2.59 billion
- Total Expenses: $2.46 billion
The university demonstrates a program expense ratio of 90.03%, indicating strong dedication to channeling funds toward its core mission.
Federal Funding (2025):
- Department of Health and Human Services: $5.1 billion (1,776 awards)
- National Science Foundation: $2.1 billion (1,883 awards)
- Department of Defense: $855.7 million (599 awards)
- Department of Education: $271.2 million (46 awards)
- Department of Energy: $219.3 million (169 awards)
Total federal awards received: $8.5 billion from 5 agencies.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,371,394,000 | $5,973,617,000 | $5,456,278,000 |
| Revenue | $2,982,345,642 | $2,586,227,003 | $2,393,370,957 |
| Expenses | $2,758,750,001 | $2,460,539,353 | $2,146,870,270 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $118,583,349 | $47,959,405 | $120,561,159 |
| 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
Open Grants
14 open opportunities from Northeastern University
Amelia Peabody Scholarship Grant
NORTHEASTERN UNIVERSITY
Amount
Varies
Deadline
Rolling / Open
Critical Language Scholarship (CLS) Grant
NORTHEASTERN UNIVERSITY
Amount
Varies
Deadline
Rolling / Open
Global Support Fund Grant
NORTHEASTERN UNIVERSITY
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph E Aoun | President/Trustee | 40 | $1,831,836 |
| Thomas Nedell | SVP Finance and Treasurer | 40 | $1,033,794 |
| Diane N MacGillivray | SVP of University Advancement | 40 | $1,019,739 |
| David Madigan | Provost & SVP | 40 | $1,056,069 |
| USAMA M FAYYAD | EXEC. DIR - INSTITUTE FOR AI | 40 | $1,061,427 |
| SATYAJIT DATTAGUPTA | CHIEF ENROLLMENT OFFICER | 40 | $1,015,257 |
| Kenneth W Henderson | Chancellor and SVP Learning | 40 | $768,328 |
| MARY STROTHER | SVP & GEN COUNSEL | 40 | $753,632 |
| David Luzzi | Sr Vice Provost - Research | 40 | $767,767 |
| Michael A Armini | SVP - External Affairs | 40 | $610,490 |
| JAMES HACKNEY | DEAN SCHOOL OF LAW | 40 | $701,284 |
| MARY LUDDEN | SVP GLOBAL NETWORK & STRATEGIC | 40 | $650,155 |
| Emery Trahan UNTIL 923 | Interim Dunton Family Dean | 40 | $648,497 |
| ALEXANDROS MAKRIYANNIS | GEORGE D BEHRAKIS CHAIR | 40 | $653,132 |
| Gregory Abowd | Dean - COE | 40 | $618,254 |
| ELIZABETH MYNATT | DEAN-KHOURY COLLEGE COMP SCI | 40 | $611,083 |
| Carmen Sceppa | Dean - Bouv Health Sciences | 40 | $527,450 |
| DAVID DE CREMER | DUNTON FAMILY DEAN (EFF. 7/23) | 40 | $551,754 |
| HAZEL SIVE | DEAN COLLEGE OF SCIENCE | 40 | $540,299 |
| Alan Mislove | PROF. & SR ASSOC DEAN | 40 | $354,388 |
| Jacqueline Isaacs | VICE PROVOST FACULTY AFFAIRS | 40 | $339,065 |
| Jeffrey S Bornstein | Trustee | 1 | — |
| Subodh Chanrai | Trustee | 1 | — |
| Jeffrey J Clarke | Trustee | 1 | — |
| William J Conley | Trustee | 2 | — |
| Richard A D'Amore | Trustee/Chair | 5 | — |
| Susan Deitch | Trustee | 1 | — |
| Deborah Dunsire | Trustee | 1 | — |
| Spencer T Fung | Trustee | 1 | — |
| Edward G Galante | Trustee/VICE CHAIR | 2 | — |
| Sir Lucian Grainge CBE | Trustee | 1 | — |
| David House | Trustee | 1 | — |
| Frances N Janis | Trustee | 2 | — |
| Chaitanya Kanojia | Trustee | 1 | — |
| Amin Khoury | Trustee | 1 | — |
| Venetia Kontogouris | Trustee | 1 | — |
| William A Lowell | Trustee | 2 | — |
| Alan S McKim | Trustee/VICE CHAIR | 2 | — |
| Todd M Manganaro | Trustee | 1 | — |
| Anita Nassar | Trustee | 1 | — |
| James Pallotta | Trustee | 1 | — |
| IRENE PANAGOPOULOS | Trustee | 1 | — |
| John V Pulichino | Trustee | 1 | — |
| Marcy L Reed | Trustee | 2 | — |
| KATHLEEN SANBORN | Trustee | 1 | — |
| Winslow L Sargeant | Trustee | 2 | — |
| Jeannine P Sargent | Trustee | 1 | — |
| Ronald Sargent | Trustee | 1 | — |
| Maha Shair | Trustee | 1 | — |
| Melpomeni Travlos | Trustee | 1 | — |
| Jean-Pascal Tricoire | Trustee | 1 | — |
| Christopher A Viehbacher | Trustee | 1 | — |
| Christophe P Weber | Trustee | 1 | — |
Recent News & Activity
Recent developments and announcements
Recent grant activity and research initiatives include:
Grants and Research Funding Opportunities - Impact EnginesNSF CAREER Awards for faculty research, including projects to develop next-generation energy diagnostics and optical frequency combs
NSF CAREER Award To Develop Next-Generation Energy Diagnostics - NortheasternMass Spectrometry Facility awarded grant to advance single-cell proteomics research
Mass Spectrometry Facility awarded grant to advance single-cell proteomicsLaunch of Open6G+AI initiative toward an open-source ecosystem to accelerate AI-powered end-to-end 6G wireless networks through the Institute for Intelligent Networked Systems
Northeastern University Launches Open6G+AI: Toward an Open-Source EcosystemSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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