The University of Chicago is an urban research university located in Chicago, Illinois, at 5801 South Ellis Avenue. Founded in 1890, it operates as a 501(c)(3) educational institution and has maintained tax-exempt status since October 1951. The university is classified as a University or Technological Institute under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.0B
+2.0% YoY
Annual Giving
$95.1M
+26.1% YoY
Grant Count
204
+6.8% YoY
Avg Grant Size
$466K
+18.1% YoY
Mission & Focus Areas
The University of Chicago's mission is to sustain at the highest level of excellence the communication of knowledge, the creation of knowledge, and the fostering of a dynamic community of scholars and students.
The institution operates across multiple program areas:
Instruction: The university enrolls approximately 18,568 students across multiple divisions, including 7,496 undergraduate students in the college, 4,350 graduate students, 6,172 students in professional schools, and 550 non-degree students.
Scholarships & Fellowships: The university meets 100% of demonstrated financial need for admitted students. Approximately 50% of all students in the College receive financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships totaled $583.7 million, with approximately $429.1 million from unrestricted funds and $154.6 million from restricted sources.
Research: Faculty engage in research across traditional disciplinary boundaries, including business, economics, history, law, literature, religion, physics, chemistry, biology, and medicine.
Grantmaking
The University of Chicago distributes grants through various mechanisms. Total giving reported was $665,449,889 based on the most recent IRS Form 990 filing. The institution maintains at least one active grant opportunity: the Journal of Women's History Scholars Research Grant.
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Geographic Focus
Where this funder awards grants
The university's grant-making activities focus primarily on Illinois, California, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of June 2024:
- Total Assets: $15 billion
- Total Revenue: $4.89 billion
- Total Expenses: $5.25 billion
As of June 2023:
- Total Assets: $14,662,331,676
- Total Revenue: $4,659,559,211
- Total Expenses: $4,828,941,301
The university employs 28,318 people as of 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,950,131,084 | $14,662,331,676 | $14,408,247,538 |
| Revenue | $4,888,334,650 | $4,659,559,211 | $4,613,831,972 |
| Expenses | $5,247,378,934 | $4,828,941,301 | $4,424,487,118 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $401,948,039 | $200,735,877 | $547,341,286 |
| 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
2 open opportunities from University of Chicago
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Robert Zimmer is listed as the Principal Officer of the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT J ZIMMER | FORMER PRESIDENT | — | $4,718,866 |
| MARK ANDERSON | EXEC VP, MED. AFFAIRS | 40 | $2,935,701 |
| MATTHEW TIRRELL | PROFESSOR EMERITUS | 40 | $2,025,370 |
| ANDREW WARD | VICE PRESIDENT AND CIO | 40 | $1,958,267 |
| IVAN SAMSTEIN | CFO/VP - UC; EVP/CFO - UC MED | 20 | — |
| VALLUVAN JEEVANANDAM | PROFESSOR | 40 | $1,869,409 |
| PAUL ALIVISATOS | PRESIDENT | 40 | $1,850,855 |
| LUCA VRICELLA | PROFESSOR OF SURGERY | 40 | $1,754,073 |
| MAIA HIGHTOWER | STAFF SCIENTIST | 40 | $1,606,855 |
| MARYFRANCES MCCOURT | CFO (UNTIL 10/1/23) | 40 | $1,576,346 |
| JOANNA RUPP | ASST VP/MNG DIR PE | 40 | $1,452,548 |
| PRADEEP CHINTAGUNATA | PROFESSOR | 40 | $1,379,127 |
| DAVID BARCLAY | CHIEF EXECUTIVE OFFICER - CRSP | — | — |
| MADHAV RAJAN | DEAN BOOTH SCHOOL OF BUSINESS | 40 | $1,108,947 |
| KIMBERLY TAYLOR | VP & GENERAL COUNSEL | 40 | $905,631 |
| KENNETH S POLONSKY | PROFESSOR | 40 | $1,040,724 |
| KA YEE CHRISTINA LEE | INTERIM DEAN | 40 | $956,741 |
| KATHERINE BAICKER | PROVOST | 40 | $1,001,939 |
| JAMES NONDORF | VP ENROLL. & STUDENT ADV. | 40 | $925,629 |
| JUAN JOSE DE PABLO | VP FOR NATIONAL LABORATORIES | 40 | $883,411 |
| ARMIN AFSAHI | VP ALUMNI RELATIONS AND DEV. | 40 | $704,963 |
| LAILA RASHID | ASSOCIATE VICE PRESIDENT | 40 | $670,861 |
| PAUL RAND | VP COMMUNICATIONS | 40 | $569,144 |
| MICHELE RASMUSSEN | VICE PRESIDENT | 40 | $597,576 |
| LORI BERKO | VP & SECRETARY | 40 | $524,717 |
| CATHERINE CALLOW-WRIGHT | EXECUTIVE VICE PRESIDENT | 40 | $490,707 |
| PATRICK O'HARA | ASSI VP, COO AND MG DIR | 40 | $535,271 |
| ERIN LANE | VP & CHIEF OF STAFF | 40 | $454,662 |
| CHRISTIAN MITCHELL | VP CIVIC ENGAGEMENT | 40 | $453,317 |
| JOEL HAMERNICK | ASSOC VP CIVIC ENGAGEMENT | 40 | $275,598 |
| THOMAS A COLE | TRUSTEE (UNTIL MAY 2024) | 2 | $2,530 |
| DAVID M RUBENSTEIN | BOD CHAIR | 1 | — |
| MARY LOUISE GORNO | BOD VICE CHAIR | 2 | — |
| JOHN W ROGERS JR | BOD VICE CHAIR | 2 | — |
| KATHERINE ADAMS | TRUSTEE | 2 | — |
| ANDREW M ALPER | TRUSTEE | 1 | — |
| FRANK A BAKER II | TRUSTEE | 2 | — |
| DEBRA A CAFARO | TRUSTEE | 2 | — |
| PAUL CARBONE | TRUSTEE | 1 | — |
| DANIEL L DOCTOROFF | TRUSTEE | 2 | — |
| BRADY W DOUGAN | TRUSTEE | 2 | — |
| THOMAS F DUNN | TRUSTEE | 2 | — |
| JOHN A EDWARDSON | TRUSTEE | 2 | — |
| BARRY FIELDS | TRUSTEE | 1 | — |
| RODNEY L GOLDSTEIN | TRUSTEE | 1 | — |
| RICHARD GONZALEZ | TRUSTEE | 2 | — |
| ANTONIO J GRACIAS | TRUSTEE | 2 | — |
| BRETT J HART | TRUSTEE | 2 | — |
| KENNETH M JACOBS | TRUSTEE | 2 | — |
| VALERIE JARRETT | TRUSTEE | 2 | — |
| REBECCA JARVIS | TRUSTEE | 2 | — |
| ASHLEY D JOYCE | TRUSTEE | 1 | — |
| MICHELE KANG | TRUSTEE | 2 | — |
| STEVEN A KERSTEN | TRUSTEE | 2 | — |
| MICHAEL J KLINGENSMITH | TRUSTEE | 2 | — |
| RACHEL D KOHLER | TRUSTEE | 1 | — |
| HILARIE KOPLOW-MCADAMS | TRUSTEE | 2 | — |
| HILARY KRANE | TRUSTEE | 2 | — |
| JOHN LIEW | TRUSTEE | 2 | — |
| RIKA MANSUETO | TRUSTEE | 2 | — |
| SATYA NADELLA | TRUSTEE | 1 | — |
| VASANT NARASIMHAN | TRUSTEE | 2 | — |
| EMILY NICKLIN | TRUSTEE | 1 | — |
| BRIEN M O'BRIEN | TRUSTEE | 2 | — |
| MICHAEL P POLSKY | TRUSTEE | 2 | — |
| MYRTLE S POTTER | TRUSTEE | 2 | — |
| TOM PRITZKER | TRUSTEE | 2 | — |
| GURU RAMAKRISHNAN | TRUSTEE | 2 | — |
| THOMAS RICKETTS | TRUSTEE | 2 | — |
| EMMANUEL ROMAN | TRUSTEE | 2 | — |
| ANDREW M ROSENFIELD | TRUSTEE | 2 | — |
| TANDEAN RUSTANDY | TRUSTEE | 1 | — |
| NASSEF O SAWIRIS | TRUSTEE | 2 | — |
| MARY A TOLAN | TRUSTEE | 2 | — |
| BYRON D TROTT | TRUSTEE | 2 | — |
| JASON J TYLER | TRUSTEE | 2 | — |
| RICHARD WALLMAN | TRUSTEE | 2 | — |
| GREGORY W WENDT | TRUSTEE | 2 | — |
| DONALD R WILSON JR | TRUSTEE | 2 | — |
| STEVEN WYMER | TRUSTEE | 2 | — |
| PAUL G YOVOVICH | TRUSTEE | 1 | — |
| FRANCIS T F YUEN | TRUSTEE (UNTIL MAY 2024) | 2 | — |
Recent News & Activity
Recent developments and announcements
The University of Chicago has been active in securing external funding and launching new initiatives:
Eight UChicago scholars awarded prestigious Sloan Fellowships in 2026 | UniversityFive Breakthrough Projects were awarded funding in the 2025 Joint Task Force Initiative Seed Funding Round
Five Breakthrough Projects Awarded in 2025 Joint Task Force Initiative SeedThe UChicago Library received a grant to digitize Chicagoland's historical maps
UChicago Library awarded grant to digitize Chicagoland\u2019s historical\Eight UChicago scholars were awarded prestigious Sloan Fellowships in 2026
UChicago Library awarded grant to digitize Chicagoland\u2019s historical\A new grant launched a 3D chip design hub at the university
New grant launches 3D chip design hub at UChicago | University of ChicagoThe Center for the Science of Early Trajectories (SET Center) offers pilot grants
SET Center Pilot Grant - Center for the Science of Early TrajectoriesSubject 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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