Worcester Polytechnic Institute
Worcester Polytechnic Institute (WPI) is a private, tax-exempt educational institution located in Worcester, Massachusetts. Founded in 1865, WPI is a project-based learning institution offering undergraduate and graduate programs, pre-collegiate outreach, online graduate programs, and professional development. The institute operates in 42 countries and serves approximately 5,450 undergraduate and 1,900 graduate students, with a workforce of approximately 4,526 employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3B
+2.2% YoY
Annual Giving
$8.1M
+3.2% YoY
Grant Count
53
-14.5% YoY
Avg Grant Size
$154K
+20.8% YoY
Mission & Focus Areas
WPI's mission is to educate talented men and women in engineering, science, management, and humanities in preparation for careers of professional practice, civic contribution, and leadership, facilitated by active lifelong learning. The institute emphasizes preparing students to take on difficult challenges in science and technology while understanding how their work can impact society and improve lives.
Primary funding focus areas include:
- Education
- Science and technology
- STEM education
- Human services
- Health care
Grantmaking
WPI engages in grantmaking with total giving of $154,356,495 according to the most recent IRS Form 990 filing. Typical grant awards range from $5,255 to $1,617,574. The organization's grant-making priorities focus on education, human services, and health care, primarily in Massachusetts, California, and New York.
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Geographic Focus
Where this funder awards grants
WPI's grantmaking activities are concentrated primarily in Massachusetts, California, and New York, though the institution operates globally across 42 countries.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $1,348,178,551
- Total Revenue: $490,769,899
- Total Expenses: $505,318,915
- Total Liabilities: $498,000,000
- Total Giving: $154,356,495
As of Fiscal Year 2023:
- Total Assets: $1.32 billion
- Total Revenue: $463 million
- Total Expenses: $483 million
- Total Liabilities: $520 million
Tax-Exempt Status: Designated as a 501(c)(3) organization; tax-exempt since August 1934. EIN: 04-2121659.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,348,178,551 | $1,319,474,615 | $1,250,809,748 |
| Revenue | $490,769,899 | $462,672,181 | $444,871,646 |
| Expenses | $505,318,915 | $483,023,410 | $445,496,296 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,127,022 | $13,559,221 | $4,296,051 |
| 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
227 grants across all recorded years
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 |
|---|---|---|---|
| JINLIU WANG | PRESIDENT | 40 | $807,682 |
| WILLIAM FITZGERALD | CHAIR & TRUSTEE | 2 | — |
| JOYCE KLINE | VICE CHAIR & TRUSTEE | 2 | — |
| STEPHEN RUSCKOWSKI | VICE CHAIR & TRUSTEE | 2 | — |
| MICHAEL ASPINWALL | TRUSTEE | 2 | — |
| LORRAINE BOLSINGER | TRUSTEE | 2 | — |
| LINWOOD BRADFORD | TRUSTEE | 2 | — |
| MARNI HALL | TRUSTEE | 2 | — |
| ROBERT HART | TRUSTEE | 2 | — |
| STUART KAZIN | TRUSTEE | 2 | — |
| DAVID LAPRE | TRUSTEE | 2 | — |
| CARLEEN MAITLAND | TRUSTEE | 2 | — |
| ERICA MASON | TRUSTEE | 2 | — |
| MAUREEN MCCAFFREY | TRUSTEE | 2 | — |
| PAMELA MCCAULEY | TRUSTEE (THRU 03/2024) | 2 | — |
| NEIL MCDONOUGH | TRUSTEE | 2 | — |
| PATRICIA NEWCOMER-SMALL | TRUSTEE | 2 | — |
| GEORGE OLIVER | TRUSTEE | 2 | — |
| ELIZABETH PHALEN | TRUSTEE | 2 | — |
| MARK RUSSELL | TRUSTEE | 2 | — |
| ELIZABETH SCHWEINSBERG | TRUSTEE | 2 | — |
| NAVJOT SINGH | TRUSTEE | 2 | — |
| JOAN BOLDUC SZKUTAK | TRUSTEE | 2 | — |
| MYLES WALTON | TRUSTEE | 2 | — |
| JENNIFER WYSE | TRUSTEE | 2 | — |
| ELIZABETH CLAPP | ASSOC TREAS. & CONTROLLER | 40 | $164,753 |
| DAVID BUNIS | SECRETARY & GENERAL COUNSEL | 40 | $574,842 |
| MICHAEL HORAN | TREASURER, EXECUTIVE VP & CFO | 40 | $577,082 |
| KYLE SIEGEL | AVP, CHIEF OF STAFF & DEP. SECR. | 40 | $228,456 |
| WINSTON SOBOYEJO | PROVOST (THRU 09/2023) | 40 | $540,190 |
| PHILIP CLAY | VP STUDENT AFFAIRS | 40 | $544,346 |
| ARTHUR HEINRICHER | DEAN UG STUD/INT PROV (AS OF 10/23) | 40 | $342,374 |
| LAUREN TURNER | SVP TALENT & INCLUSION, CDO | 40 | $543,230 |
| JOHN MCNEIL | DEAN OF ENGINEERING | 40 | $367,324 |
| JEAN KING | DEAN OF ARTS & SCIENCES | 40 | $381,003 |
| DONNA STOCK | VP UNIVERSITY ADVANCEMENT | 40 | $461,463 |
| LEE MORADI | MECHANICAL & MATERIALS ENG PROFESSOR | 40 | $354,271 |
| BRUCE BURSTEN | CHEMISTRY PROFESSOR | 40 | $201,687 |
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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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