The University of Southern California is a private research university located in Los Angeles, California, serving as a leading institution in higher education. Founded in 1880, USC operates as a 501(c)(3) nonprofit organization and has maintained tax-exempt status since October 1934. The institution functions as a constellation of schools, centers, and institutes dedicated to advancing education and research while serving the public good across Los Angeles and the broader Southern California region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.1B
+9.3% YoY
Annual Giving
$173.1M
+5910.9% YoY
Grant Count
340
+771.8% YoY
Avg Grant Size
$509K
+589.5% YoY
Mission & Focus Areas
According to its organizational filings, USC's primary mission centers on instruction and research across multiple disciplines. The institution maintains a particular focus on education, philanthropy, voluntarism, grantmaking, and human services. Major research concentrations include medicine, engineering, and the sciences.
Grantmaking
USC operates as both a recipient and distributor of research funding. The institution maintains a donor-advised fund through which donors can direct the distribution or investment of funds.
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Geographic Focus
Where this funder awards grants
USC's grantmaking and operations focus primarily on California, Florida, and New York, with global engagement across 75 countries including China, the United Kingdom, Spain, India, and Canada.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue:
- Total assets: $15.1 billion
- Annual revenue: $5.6–$7.5 billion
- Annual income: $5.6 billion
Organizational Structure: USC maintains a donor-advised fund and operates as an independent 501(c)(3) organization with unconditional tax-exempt status.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,054,111,883 | $13,778,469,076 | $13,791,301,785 |
| Revenue | $5,575,301,015 | $5,119,320,238 | $5,566,926,612 |
| Expenses | $5,537,774,928 | $5,076,481,275 | $5,049,284,238 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $239,550,677 | $248,405,583 | $1,023,826,217 |
| 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
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include C2N Diagnostics ($13,296,265), Board of Trustees of the Leland Stanford Jr U ($3,164,128), Banner Health ($3,159,780).
| Recipient | Purpose | Amount |
|---|---|---|
| 24th STreet Theatre Company Los Angeles, CA | GENERAL SUPPORT | $18,950 |
| 826LA Los Angeles, CA | GENERAL SUPPORT | $12,800 |
| Abington Neurological Associates Ltd Abington, PA | SUBAWARD | $123,795 |
| Abt Associates Inc ROCKVILLE, MD | SUBAWARD | $68,177 |
| Acomb Ostendorf & Associates LLC Winter Park, FL | SUBAWARD | $493,544 |
| Advanced Clinical Research Network Corp Coral Gables, FL | SUBAWARD | $498,350 |
| Advanced Memory Research Institute of NJ PC TOMS RIVER, NJ | SUBAWARD | $170,415 |
| AIDS Healthcare Foundation Los Angeles, CA | SUBAWARD | $159,104 |
| Albany Medical College ALBANY, NY | SUBAWARD | $15,570 |
| Altamed Health Services Corp Los Angeles, CA | SUBAWARD | $353,676 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINCOLN RILEY | HEAD FOOTBALL COACH | 50 | $11,458,647 |
| CAROL L FOLT | PRESIDENT/TRUSTEE | 50 | $4,004,857 |
| ANDY ENFIELD | MEN'S HEAD BASKETBALL COACH | 50 | $4,267,118 |
| CHARLES HELTON | SEE SCHEDULE O FOR TITLE | — | $4,250,000 |
| LOUIS VANDERMOLEN MD | PROFESSOR OF CLINICAL MEDICINE | 50 | $3,876,581 |
| VAUGHN STARNES MD | CHAIR & DIST PROG SURGERY | 50 | $3,810,717 |
| STEVEN D SHAPIRO MD | SVP, HEALTH AFFAIRS | 50 | $3,022,882 |
| JENNIFER COHEN | DIR ATHLETICS (AS OF 8/22/23) | 50 | $3,001,135 |
| ROD HANNERS | CEO KECK MEDICINE OF USC | 50 | $2,288,159 |
| AMY DIAMOND | CHIEF INVESTMENT OFFICER | 50 | $1,617,999 |
| CAROLYN MELTZER MD | SEE SCHEDULE O FOR TITLE | 50 | $1,608,522 |
| FELICIA A WASHINGTON | SVP, HUMAN RESOURCES | 50 | $1,457,056 |
| BEONG-SOO KIM | SVP & GENERAL COUNSEL | 50 | $1,270,799 |
| ERIK BRINK | SEE SCHEDULE O FOR TITLE | 50 | $1,302,529 |
| GEOFFREY GARRETT | DEAN, MARSHALL SCHOOL OF BUS. | 50 | $1,215,875 |
| CHARLES F ZUKOSKI | SEE SCHEDULE O FOR TITLE | 50 | $1,120,070 |
| ANDREW T GUZMAN | SEE SCHEDULE O FOR TITLE | 50 | $967,454 |
| ISHWAR K PURI | SVP, RESEARCH & INNOVATION | 50 | $1,003,519 |
| SCOTT RABENOLD | SVP, UNIVERSITY ADVANCEMENT | 50 | $965,493 |
| LAURA MOSQUEDA MD | SEE SCHEDULE O FOR TITLE | 50 | $917,736 |
| DAVID W WRIGHT | SVP, ADMINISTRATION | 50 | $832,660 |
| CHRYSOSTOMOS L NIKIAS | SEE SCHEDULE O FOR TITLE | 50 | $847,028 |
| ELIZABETH GRADDY | SEE SCHEDULE O FOR TITLE | 50 | $752,609 |
| AMBER MILLER | SEE SCHEDULE O FOR TITLE | 50 | $725,364 |
| SAMUEL GARRISON | SVP, UNIVERSITY RELATIONS | 50 | $671,078 |
| MICHAEL QUICK | SEE SCHEDULE O FOR TITLE | 50 | $673,260 |
| TRACEY VRANICH | SEE SCHEDULE O FOR TITLE | 50 | $637,121 |
| YANNIS C YORTSOS | DEAN, VITERBI SCHOOL OF ENG. | 50 | $621,776 |
| JAMES M STATEN | SEE SCHEDULE O FOR TITLE | 50 | $604,125 |
| CAROLYN DOMEN-BROSHEARS | SECRETARY OF THE UNIVERSITY | 50 | $460,242 |
| JOEL CURRAN | SEE SCHEDULE O FOR TITLE | 50 | $427,530 |
| GLENN OSAKI | SEE SCHEDULE O FOR TITLE | 50 | $401,341 |
| NARSING RAO MD | SEE SCHEDULE O FOR TITLE | 50 | $414,221 |
| KYLE HENLEY | SEE SCHEDULE O FOR TITLE | 50 | $209,072 |
| GARETH JAMES | SEE SCHEDULE O FOR TITLE | 50 | $210,489 |
| JOHN M IINO | See Schedule O for title | 50 | $20,788 |
| SUZANNE NORA JOHNSON | TRUSTEE, CHAIR | 2 | — |
| STEPHANIE A ARGYROS | TRUSTEE | 2 | — |
| MARC R BENIOFF | TRUSTEE | 2 | — |
| CORII D BERG | TRUSTEE (UNTIL 3/12/24) | 2 | — |
| ROBERT D BEYER | TRUSTEE | 2 | — |
| DAVID C BOHNETT | TRUSTEE, VICE CHAIR | 2 | — |
| ROBERT A BRADWAY | TRUSTEE | 2 | — |
| RICK J CARUSO | TRUSTEE | 2 | — |
| DAVID H DORNSIFE | TRUSTEE (UNTIL 6/5/24) | 2 | — |
| MICHELE DEDEAUX ENGEMANN | TRUSTEE | 2 | — |
| MICHAEL A FELIX | TRUSTEE | 2 | — |
| STAYCE D HARRIS | TRUSTEE (AS OF 10/11/23) | 2 | — |
| STEPHEN M KECK | TRUSTEE | 2 | — |
| KENNETH R KLEIN | TRUSTEE | 2 | — |
| JAIME L LEE | TRUSTEE | 2 | — |
| KATHY LEVENTHAL | TRUSTEE | 2 | — |
| WILLIAM J MCMORROW | TRUSTEE (UNTIL 6/5/2024) | 2 | — |
| JOHN MORK | TRUSTEE | 2 | — |
| OSCAR MUNOZ | TRUSTEE | 2 | — |
| ROD Y NAKAMOTO | TRUSTEE | 2 | — |
| CARMEN NAVA | TRUSTEE | 2 | — |
| SHELLY L NEMIROVSKY | TRUSTEE | 2 | — |
| DOMINIC NG | TRUSTEE | 2 | — |
| PATRICIA REON ROSKI | TRUSTEE (AS OF 10/11/23) | 2 | — |
| AMY A ROSS PHD | TRUSTEE | 2 | — |
| FREDERICK J RYAN JR | TRUSTEE | 2 | — |
| LEONARD D SCHAEFFER | TRUSTEE | 2 | — |
| WILLIAM E B SIART | TRUSTEE | 2 | — |
| JEFFREY H SMULYAN | TRUSTEE | 2 | — |
| HELIANE M STEDEN | TRUSTEE | 2 | — |
| MARK A STEVENS | TRUSTEE (AS OF 6/5/2024) | 2 | — |
| RONALD D SUGAR | TRUSTEE | 2 | — |
| TRACY M SYKES | TRUSTEE | 2 | — |
| DANIEL M TSAI | TRUSTEE | 2 | — |
| ALIA S TUTOR | TRUSTEE (AS OF 6/5/2024) | 2 | — |
| JOSEPH B UCUZOGLU | TRUSTEE (AS OF 6/5/2024) | 2 | — |
| WENXUE WANG | TRUSTEE | 2 | — |
| NADINE WATT | TRUSTEE (AS OF 6/5/2024) | 2 | — |
Recent News & Activity
Recent developments and announcements
Recent grant activity demonstrates USC's continued research leadership:
$3M NSF grant funds new USC Dornsife mathematics research and training programReceived funding for an AI tool to advance treatment for rare pediatric diseases
USC receives funding for AI tool to advance treatment for rare pediatricAwarded a $3 million National Science Foundation grant for a new mathematics research and training program through USC Dornsife
$3M NSF grant funds new USC Dornsife mathematics research and training programResearchers secured an $8 million National Institutes of Health grant to pursue novel Alzheimer's drug research
$3M NSF grant funds new USC Dornsife mathematics research and training programSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does University of Southern California fund?
According to its organizational filings, USC's primary mission centers on instruction and research across multiple disciplines. The institution maintains a particular focus on education, philanthropy, voluntarism, grantmaking, and human services. Major research concentrations include medicine, engineering, and the sciences.
How do I apply for a grant from University of Southern California?
USC operates as both a recipient and distributor of research funding. The institution maintains a donor-advised fund through which donors can direct the distribution or investment of funds. **Grant Distribution:** • Total giving: $1,016,479,601 (based on most recent IRS Form 990 filing) • Typical award range: $5,030–$13,296,265 • Primary funding focus areas: Community health, education nonprofits, and science education **Federal Funding Received:** USC receives substantial federal research supp…
Where does University of Southern California make grants?
USC's grantmaking and operations focus primarily on California, Florida, and New York, with global engagement across 75 countries including China, the United Kingdom, Spain, India, and Canada.
What size grants does University of Southern California award?
In 2024, University of Southern California awarded 340 grants totaling $173.1M — an average of about $509K per grant, based on its IRS Form 990 filings.
What is University of Southern California's EIN?
University of Southern California's EIN (Employer Identification Number) is 95-1642394. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in University of Southern California'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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