The University of Miami is a private, nonprofit educational institution located in Coral Gables, Florida. Established in 1925 and tax-exempt since October 1943, the university operates as a 501(c)(3) organization. The institution comprises 12 colleges and schools serving more than 19,000 students and operates multiple campuses including medical, research, and main academic facilities. The university also operates hospital facilities and the Anne Bates Leach Eye Hospital.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8B
+10.6% YoY
Annual Giving
$67.0M
+15.3% YoY
Grant Count
227
+3.7% YoY
Avg Grant Size
$295K
+11.2% YoY
Mission & Focus Areas
The University of Miami's mission is to educate and nurture students, create knowledge through comprehensive research programs, and provide service to the community and beyond. The institution offers 151 bachelor's degrees, 149 master's degrees, and 68 doctoral degrees (63 research/scholarship and 5 professional practice) across its academic programs.
Academic programs include the School of Architecture (founded in 1983), which offers professional undergraduate and graduate degrees in architecture, urban design, construction management, and real estate development. The university also provides patient care services through its hospital operations.
Grantmaking
The University of Miami functions as a grantseeker and grantmaker. According to its most recent filings, the organization reported total giving of $743,540,372. Typical grant awards range from $5,097 to $6,085,390. The organization maintains active scholarship and stipend opportunities, including the Belton G. & Margaret T. Scholarship in Tropical Biology and The International Education and Exchange Study Abroad Stipend.
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Geographic Focus
Where this funder awards grants
The university's grantmaking priorities focus primarily on Florida, California, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (as of May 2024):
- Total Assets: $7,774,309,683
- Total Revenue: $6,488,140,479
- Total Expenses: $5,986,905,330
- Operating Budget: $5.2 billion
- Total Giving: $743,540,372
- Number of Employees: 30,149
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,774,309,683 | $7,027,102,373 | $6,582,591,173 |
| Revenue | $6,488,140,479 | $5,921,562,389 | $5,466,904,190 |
| Expenses | $5,986,905,330 | $5,495,599,586 | $4,996,561,078 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $174,230,129 | $106,640,412 | $106,643,209 |
| 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 Miami
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 |
|---|---|---|---|
| Julio Frenk | President | 80 | $1,770,057 |
| Marc Buoniconti | Trustee & Senior Director | 20 | $191,817 |
| Edward Dauer | Trustee & Professor of Clinical | 40 | $119,555 |
| Allan Herbert | Trustee | 35 | $37,167 |
| Leonard Abess | Trustee | 4 | — |
| Betty G Amos | Trustee | 2 | — |
| Hilarie Bass | Trustee | 1 | — |
| Jon Batchelor | Trustee | 1 | — |
| Fred Berens | Trustee | 2 | — |
| Tracey Berkowitz | Trustee | 3 | — |
| Joseph Bonner | Trustee | 5 | — |
| Alfred R Camner | Trustee | 5 | — |
| Adam E Carlin | Trustee | 4 | — |
| Wayne E Chaplin | Trustee & Vice Chair | 2 | — |
| Christopher Chen | Trustee | — | — |
| Adriana Cisneros | Trustee | 2 | — |
| Charles E Cobb | Trustee | 2 | — |
| Bridget Erin Craig | Trustee | — | — |
| Devang Desai | Trustee | 10 | — |
| David L Epstein | Trustee | 5 | — |
| Richard D Fain | Trustee | 7 | — |
| Phillip Frost | Trustee | 5 | — |
| Phillip T George | Trustee | 2 | — |
| Kourtney Gibson | Trustee | 1 | — |
| Rose Ellen Greene | Trustee | 20 | — |
| Carlos Guzman | Trustee | 20 | — |
| Barbara Hecht Havenick | Trustee | 2 | — |
| Marilyn J Holifield | Trustee | 1 | — |
| Manuel Kadre | Trustee & Chair | 30 | — |
| Carolyn B Lamm | Trustee | 5 | — |
| Jayne Sylvester Malfitano | Trustee | 2 | — |
| Jose R Mas | Trustee | 4 | — |
| Patricia Menendez-Cambo | Trustee | 10 | — |
| Stuart A Miller | Trustee | 20 | — |
| William L Morrison | Trustee & Vice Chair | 3 | — |
| Judi Prokop Newman | Trustee | 0.5 | — |
| Aaron S Podhurst | Trustee | 7 | — |
| Lois Pope | Trustee | 1 | — |
| Alex E Rodriguez | Trustee | 1 | — |
| Steven J Saiontz | Trustee | 5 | — |
| Robert E Sanchez | Trustee | 5 | — |
| Marvin R Shanken | Trustee | 2 | — |
| Laurie S Silvers | Trustee | 7 | — |
| HT Smith Jr | Trustee | 4 | — |
| Jacquelyn R Soffer | Trustee | — | — |
| E Roe Stamps IV | Trustee | 2 | — |
| Ronald G Stone | Trustee | 5 | — |
| Johnny C Taylor Jr | Trustee | 5 | — |
| Ana VeigaMilton | Trustee | 7 | — |
| Alice S Vilma | Trustee | 2 | — |
| Jonathan Vilma | Trustee | 5 | — |
| Maribel C Wadsworth | Trustee | 2 | — |
| David R Weaver | Trustee | 2 | — |
| Geisha Jimenez Williams | Trustee | 1 | — |
| Raymond J Zomerfeld | Trustee | 5 | — |
| G Ed Williamson II | Trustee | 5 | — |
| Jaret Davis | Trustee | 3 | — |
| Al Dotson Jr | Trustee | 1 | — |
| Wayne Holman | Trustee | 3 | — |
| Julia Quinn | Trustee | 2 | — |
| Kimberly Stone | Trustee | 3 | — |
| Daniel Sundheim | Trustee | 1 | — |
| Alia Tutor | Trustee | 1 | — |
| Roy Carrillo Zamora | Trustee | 30 | — |
| Joseph Echevarria | CEO University of Miami, CEO UHealth | 80 | $4,214,753 |
| Rudy Fernandez | EVP UM Operations & External Affairs | 65 | $989,113 |
| Willy Prado | EVP & Provost (Interim) | 70 | $747,040 |
| Frances Davis | Secretary to the Board | 50 | $262,367 |
| Dipen Parekh | COO UHealth, Chair Urology,Physician | 80 | $3,986,219 |
| Mario Cristobal | Head Coach, Football | 80 | $8,240,232 |
| James Larranaga | Head Coach, Men's Basketball | 70 | $3,565,230 |
| Joseph Lamelas | Chief Cardiac Surgery & Physician | 85 | $3,007,584 |
| Dan Radakovich | VP & Director of Athletics | 70 | $2,387,258 |
| Lee Kaplan | Director Sports Medicine & Physician | 75 | $1,967,304 |
| Jeffrey Duerk | EVP Academic Affairs & Provost (FMR) | 60 | $1,010,712 |
| Jacqueline Travisano | EVP & COO (FMR) | 60 | $630,264 |
| Leslie Dellinger Aceituno | Secretary (FMR) | 50 | $173,939 |
Recent News & Activity
Recent developments and announcements
Recent institutional investments and grants include:
A $30 million investment to enhance research and innovation in basic science, neuroscience, and aging research
Sylvester Receives its First Specialized Program of Research Excellence AwardA $21 million NIH grant supporting the next phase of a high-impact multidisciplinary Hispanic study
$21 million NIH grant will support next phase of high-impact studySylvester Cancer Center received its first Specialized Program of Research Excellence (SPORE) Award from the National Institutes of Health for HPV cancer prevention research
Sylvester Receives its First Specialized Program of Research Excellence AwardLaunch of new research on governance of Florida's coral reef
University of Miami launches new research on governance of Florida\u2019\Institutional Contacts & Information
The Authorized Organizational Representative (AOR) for University of Miami proposals is Deborah Musgrove Jackson (MRA@med.miami.edu). The institution maintains multiple CAGE codes and UEI numbers across its different campuses for federal contracting purposes.
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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