501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$13.5M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $83.8M a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13.5M
to officers and key staff · 0.9% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $3.25B in investments, Pt X · Ln 11–13
Fine: 0.4 months of spending in cash, plus $3.25B in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
19
named funders · $450K
Looks good: 19 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2B
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
37
of 40 voting members
Looks good: 37 of 40 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6B
+12% vs prior year
Spent
$1.5B
To programs
85%
Net assets
$3.7B
By yearFY2020–FY2025
Revenue
$1.6B
FY2025▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1B
FY2021$1.3B
FY2022$1.4B
FY2023$1.3B
FY2024$1.4B
FY2025$1.6B
Expenses
$1.5B
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1B
FY2021$1.1B
FY2022$1.3B
FY2023$1.3B
FY2024$1.4B
FY2025$1.5B
Net assets
$3.7B
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.7B
FY2021$3.5B
FY2022$3.3B
FY2023$3.3B
FY2024$3.5B
FY2025$3.7B

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1932.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $1.3B Management & general 13% · $191.5M Fundraising 2% · $28.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

72 people listed on the 990; $13.5M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Trustee & University President
$1,090,377Pt VII · Sec A
SVP - University Advancement
$857,127Pt VII · Sec A
Provost and Senior Vice President
$814,368Pt VII · Sec A
Dean of Medical School
$756,765Pt VII · Sec A
University Professor (see Schedule O)
$747,114Pt VII · Sec A
Executive VP
$699,453Pt VII · Sec A
See Schedule O
$605,784Pt VII · Sec A
SVP - University Relations & General Counsel
$590,828Pt VII · Sec A

Sunil Kumar’s $1.1M as Trustee & University President is at the 77th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Anthony P Monaco$747,114$1,034,376$1,073,523$1,027,786$1,004,586$1,095,391
Sunil Kumar$1,090,377$577,870————
Joshua Else$857,127—————
Rachel E Kyte—$834,591$436,730$417,284$422,163—
Caroline Genco$814,368$719,194$608,307$374,493——
Helen W Boucher$756,765$802,322$678,871$394,632——
Nadine Aubry——$771,342$646,216$639,846$500,992
Michael W Howard$699,453$674,939$636,338$597,876$604,329$283,445

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Trustees of Tufts College executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides education, research, and student support services like housing, dining, and health care.

Questions for Trustees of Tufts College

Tap to ask. Trustees of Tufts College sees how many people are interested.

Your first name shows with your question. Trustees of Tufts College answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.3B · in their own filed words · FY2024
01

Instruction

During the 2024-2025 academic year, the following degrees were conferred: 1,843 undergraduate, 1,527 graduate, 632 professional, and 213 certificate.

$774.6Mprogram expense
02

Research -there were 1,189 government and 701 non-government grants active in fiscal year 2025. Sponsored research at tufts was performed in the medical, dental, and veterinary schools as well as in the basic science departments of arts & science & engineering.

$364.4Mprogram expense
03

Auxiliary Enterprises

Activities primarily consist of services for students, including student housing, dining services and health services. During the 2025 fiscal year there were 77 residence halls housing 4,201 students. Approximately 5,299 meal plans were sold to students each semester.

$117.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 19 funders →
Grants paid · 917 grants · $1.2B · 2019–2024
Unitemized GrantFY2024$198,541,143
Tufts Medical Center Parent INCMA · FY2024$10,062,485
Unitemized GrantFY2024$2,765,067
Mass General Brigham IncorporatedMA · FY2024$2,542,813
University of MassachusettsFY2024$1,376,545
Mass General Brigham IncorporatedMA · FY2024$1,090,427
Northeastern UniversityMA · FY2024$1,057,726
Texas A&m Agrilife ResearchFY2024$707,531
Catholic Relief ServicesMD · FY2024$683,998
University of WashingtonFY2024$675,316
Washington UniversityMO · FY2024$624,601
Unitemized GrantFY2024$616,993
University of California DavisFY2024$575,453
State of WisconsinFY2024$565,711
Tetra Tech ArdFY2024$517,650
See all 917 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.6B
Ln 12
Fees for servicesLn 2g$1.0B
Gifts and grantsLn 1h$376.2M
Investment incomeLn 3$135.3M
Money outPt IX
$1.5B
Ln 25
Programscol B$1.3B
Managementcol C$191.5M
Fundraisingcol D$28.6M
Owns and owesPt X
$3.7B
net assets · Ln 32
Cash and savingsLn 1–2$52.0M
Total assetsLn 16$4.9B
LiabilitiesLn 26$1.2B
PeoplePt VI, VII
72
listed · VII A
PaidVII A28
Voting boardVI 1a40
IndependentVI 1b37
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$376.2M
Government grantsLn 1e$262.3M
Noncash giftsLn 1g$8.7M
Fundraising eventsLn 1c$287K
Fees for servicesLn 2g$1.0B
Investment incomeLn 3$135.3M
Other incomeLn 4–11$592K
Gains on assetsLn 7$102.0M
Total revenueLn 12$1.6B
Assets in detailPt X, end of year
SavingsLn 2$52.0M
Cash and savings togetherLn 1–2$52.0M
InvestmentsLn 11–13$3.25B
Land, buildings, equipmentLn 10c$1.29B
Other assetsLn 15$114.4M
Total assetsLn 16$4.9B
LiabilitiesLn 26$1.2B
Net assetsLn 32$3.7B
OperationsPt I, VI
EmployeesI 513,702
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$62.4M$52.0M
InvestmentsLn 11–13$3.08B$3.25B
Land, buildings, equipmentLn 10c$1.26B$1.29B
Total assetsLn 16$4.73B$4.94B
LiabilitiesLn 26$1.24B$1.21B
Net assetsLn 32$3.49B$3.73B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$38.3M$38.3M
Grants to domestic individualsLn 2$202.4M$202.4M
Grants and assistance to foreign recipientsLn 3$6.5M$6.5M
Pay of current officers, directors and key staffLn 5$12.1M$3.0M$8.6M$582K
Pay of disqualified personsLn 6$466K$361K$105K
Other salaries and wagesLn 7$600.7M$496.9M$86.5M$17.2M
Pension plan contributionsLn 8$42.1M$33.9M$6.9M$1.3M
Other employee benefitsLn 9$84.0M$68.0M$12.9M$3.1M
Payroll taxesLn 10$40.3M$32.1M$7.0M$1.2M
Legal feesLn 11b$8.9M$5.4M$3.5M
Accounting feesLn 11c$539K$539K
Lobbying feesLn 11d$687K$687K
Professional fundraising feesLn 11e$214K$214K
Investment management feesLn 11f$1.6M$1.6M
Other fees for servicesLn 11g$65.2M$50.2M$13.7M$1.3M
Advertising and promotionLn 12$2.3M$2.2M$93K$51K
Office expensesLn 13$64.0M$38.7M$24.3M$992K
Information technologyLn 14$20.9M$2.9M$17.9M$125K
RoyaltiesLn 15$2.2M$2.2M
OccupancyLn 16$72.4M$70.5M$1.3M$587K
TravelLn 17$17.1M$14.9M$1.8M$464K
Conferences, conventions and meetingsLn 19$6.9M$4.7M$1.6M$566K
InterestLn 20$38.1M$37.1M$705K$309K
Depreciation, depletion and amortizationLn 22$79.2M$77.1M$1.5M$642K
Other expenses (24a–d)Ln 24$66.5M$66.1M$376K$19K
All other expensesLn 24e$3.1M$3.1M$39K$0
Total functional expensesLn 25$1.48B$1.26B$191.5M$28.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.6B$1.5B$79.9M$3.7B 990 PDF
FY2024 $1.4B$1.4B$4.5M$3.5B 990 PDF
FY2023 $1.3B$1.3B$16.1M$3.3B 990 PDF
FY2022 $1.4B$1.3B$180.6M$3.3B 990 PDF
FY2021 $1.3B$1.1B$189.7M$3.5B 990 PDF
FY2020 $1.1B$1.1B$32.0M$2.7B 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $1,556,567,693 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $316,725,772$376,187,173
I-9 Program service revenuePrior year $969,339,328$1,044,501,692
I-10 Investment incomePrior year $103,608,023$135,286,761
I-11 Other revenuePrior year $111,664$592,067
I-12 Total revenuePrior year $1,389,784,787$1,556,567,693
I-13 Grants and similar amounts paidPrior year $219,213,511$247,147,340
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $739,492,908$779,696,984
I-16a Professional fundraising feesPrior year $1,665,624$214,493
I-17 Other expensesPrior year $424,926,147$449,639,298
I-18 Total expensesPrior year $1,385,298,190$1,476,698,115
I-19 Revenue less expensesPrior year $4,486,597$79,869,578
Part VI · Governance 37 of 40 board members independent, no flags
VI-1a Voting members of the governing body40
VI-1b Independent voting members37
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,556,567,693 across 12 lines filed
VIII-1c Fundraising events$286,562
VIII-1e Government grants$262,291,403
VIII-1f All other contributions, gifts and grants$113,609,208
VIII-1g Noncash contributions (included above)$8,693,188
VIII-1h Total contributions, gifts and grants$376,187,173
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,044,133,224 · Unrelated business $368,468$1,044,501,692
VIII-3 Investment incomeUnrelated business $2,293,825 · Excluded from tax $30,961,144$33,254,969
VIII-5 RoyaltiesExcluded from tax $41,812$41,812
VIII-6 Net rental income or lossExcluded from tax $676,805$676,805
VIII-7 Net gain or loss on sales of assetsUnrelated business $11,592,990 · Excluded from tax $90,438,802$102,031,792
VIII-8 Net income from fundraising eventsExcluded from tax −$126,550−$126,550
VIII-12 Total revenueRelated to mission $1,044,133,224 · Unrelated business $14,255,283 · Excluded from tax $121,992,013$1,556,567,693
Part IX · Statement of functional expenses $1,476,698,115 across 26 lines filed
IX-1 Grants to domestic organizationsPrograms $38,288,514$38,288,514
IX-2 Grants to domestic individualsPrograms $202,400,076$202,400,076
IX-3 Grants and assistance to foreign recipientsPrograms $6,458,750$6,458,750
IX-5 Pay of current officers, directors and key staffPrograms $2,986,357 · Management $8,581,568 · Fundraising $581,644$12,149,569
IX-6 Pay of disqualified personsPrograms $360,736 · Management $105,019$465,755
IX-7 Other salaries and wagesPrograms $496,944,899 · Management $86,523,678 · Fundraising $17,248,119$600,716,696
IX-8 Pension plan contributionsPrograms $33,945,697 · Management $6,881,321 · Fundraising $1,255,318$42,082,336
IX-9 Other employee benefitsPrograms $68,031,524 · Management $12,928,274 · Fundraising $3,072,365$84,032,163
IX-10 Payroll taxesPrograms $32,052,312 · Management $7,001,357 · Fundraising $1,196,796$40,250,465
IX-11b Legal feesPrograms $5,412,798 · Management $3,455,497$8,868,295
IX-11c Accounting feesManagement $538,851$538,851
IX-11d Lobbying feesManagement $687,127$687,127
IX-11e Professional fundraising feesFundraising $214,493$214,493
IX-11f Investment management feesManagement $1,582,384$1,582,384
IX-11g Other fees for servicesPrograms $50,206,307 · Management $13,709,628 · Fundraising $1,276,324$65,192,259
IX-12 Advertising and promotionPrograms $2,193,593 · Management $92,777 · Fundraising $50,552$2,336,922
IX-13 Office expensesPrograms $38,724,313 · Management $24,331,396 · Fundraising $992,248$64,047,957
IX-14 Information technologyPrograms $2,891,541 · Management $17,852,050 · Fundraising $125,202$20,868,793
IX-15 RoyaltiesPrograms $2,175,736$2,175,736
IX-16 OccupancyPrograms $70,471,938 · Management $1,337,119 · Fundraising $586,962$72,396,019
IX-17 TravelPrograms $14,873,752 · Management $1,762,420 · Fundraising $463,598$17,099,770
IX-19 Conferences, conventions and meetingsPrograms $4,733,554 · Management $1,592,685 · Fundraising $566,455$6,892,694
IX-20 InterestPrograms $37,131,250 · Management $704,520 · Fundraising $309,267$38,145,037
IX-22 Depreciation, depletion and amortizationPrograms $77,057,560 · Management $1,462,074 · Fundraising $641,814$79,161,448
IX-24 Other expenses (24a–d)Programs $66,111,989 · Management $376,279 · Fundraising $18,848$66,507,116
IX-24e All other expensesPrograms $3,099,810 · Management $39,080 · Fundraising $0$3,138,890
IX-25 Total functional expensesPrograms $1,256,553,006 · Management $191,545,104 · Fundraising $28,600,005$1,476,698,115
Part X · Balance sheet $4,937,994,986 assets, 20 lines filed
Asset lines not itemized here account for $43,596,231; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $62,425,148$52,015,903
X-3 Pledges and grants receivableStart of year $115,052,049$120,138,134
X-4 Accounts receivableStart of year $48,361,610$49,830,711
X-8 Inventories for sale or useStart of year $1,935,690$2,014,057
X-9 Prepaid expenses and deferred chargesStart of year $12,075,971$11,384,344
X-10c Land, buildings and equipment, netStart of year $1,257,101,942$1,290,516,140
X-11 Publicly traded securitiesStart of year $522,501,661$323,657,320
X-12 Other securitiesStart of year $2,532,884,039$2,909,966,989
X-13 Program-related investmentsStart of year $19,969,363$20,465,567
X-15 Other assetsStart of year $116,592,809$114,409,590
X-16 Total assetsStart of year $4,731,548,193$4,937,994,986
X-17 Accounts payable and accrued expensesStart of year $184,992,656$176,492,956
X-19 Deferred revenueStart of year $48,043,194$44,699,267
X-20 Tax-exempt bond liabilitiesStart of year $930,805,095$911,523,580
X-25 Other liabilitiesStart of year $67,241,273$68,524,551
X-26 Total liabilitiesStart of year $1,237,975,211$1,207,721,118
X-27 Net assets without donor restrictionsStart of year $1,806,617,290$1,878,357,913
X-28 Net assets with donor restrictionsStart of year $1,686,955,692$1,851,915,955
X-32 Total net assets or fund balancesStart of year $3,493,572,982$3,730,273,868
X-33 Total liabilities and net assetsStart of year $4,731,548,193$4,937,994,986
Part XI · Reconciliation of net assets $3,730,273,868 net assets at year end
XI-1 Total revenue$1,556,567,693
XI-2 Total expenses$1,476,698,115
XI-3 Revenue less expenses$79,869,578
XI-4 Net assets at start of year$3,493,572,982
XI-5 Net unrealized gains (losses) on investments$154,323,333
XI-9 Other changes in net assets$2,507,975
XI-10 Net assets at end of year$3,730,273,868

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.