Vanderbilt University FY2023 filing

Tax-deductible

Nashville, TN501(c)(3)Since 1873Colleges & UniversitiesEIN 62-0476822

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$28.9M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $560.9M a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$28.9M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
34
named funders · $969K
Looks good: 34 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.5B
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 33 voting members
Looks good: 32 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3B
-32% vs prior year
Spent
$2.0B
To programs
84%
Net assets
$9.7B
By yearFY2020–FY2024
Revenue
$2.3B
FY2023▼ -32%
Revenue by fiscal year
FY2020$1.7B
FY2021$2.8B
FY2022$3.3B
FY2023$2.3B
FY2024$2.6B
FY2024$2.8B
Expenses
$2.0B
FY2023-0.2%
Expenses by fiscal year
FY2020$1.6B
FY2021$1.9B
FY2022$2.0B
FY2023$2.0B
FY2024$2.3B
FY2024$2.4B
Net assets
$9.7B
FY2023▼ -3%
Net assets by fiscal year
FY2020$6.5B
FY2021$10.5B
FY2022$10.0B
FY2023$9.7B
FY2024$10.3B
FY2024$11.2B

From the FY2023 Form 990 (year ending June 2023) · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1941.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.7B Management & general 13% · $273.3M Fundraising 2% · $42.3M

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

52 people listed on the 990; $28.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
See Schedule O
$4,755,711Pt VII · Sec A
See Schedule O
$3,771,194Pt VII · Sec A
See Schedule O
$3,144,922Pt VII · Sec A
See Schedule O
$2,280,172Pt VII · Sec A
See Schedule O
$2,166,660Pt VII · Sec A
See Schedule O
$2,086,789Pt VII · Sec A
See Schedule O
$1,636,224Pt VII · Sec A
See Schedule O
$1,527,001Pt VII · Sec A

Anders W Hall’s $5.7M as See Schedule O is at the 97th 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Anders W Hall$5,747,977$6,001,511$4,755,711$2,873,269$2,373,080$1,358,605
Jerry Stackhouse$4,779,501$4,187,650$3,771,194$3,056,059$2,997,211$2,168,358
Clark Lea$4,302,829$3,663,116$3,144,922$3,011,618——
Derek Mason—$2,166,660$2,166,660$2,166,660$3,046,542$4,159,704
Bryce Drew—————$3,184,066
Nicholas S Zeppos$223,542$218,072$2,280,172$961,716$1,539,843$3,152,157
Daniel Diermeier$3,020,799$2,427,798$2,086,789$1,911,404$924,409—
Mark Byington$2,600,247—————

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 Vanderbilt University executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Conducts academic and scientific research and provides higher education.

Provided by the organization

This section is blank until Vanderbilt University claims this page.

Know this organization? Claim it to add your story

2 program services account for $1.7B of program spending, described in the organization's own filed words · FY2022.
01

See Schedule O

Education

$1.3Bprogram expense
02

See Schedule O

Academic and Scientific Research

$374.6Mprogram expense

Run this program? Claim this org to tell your story

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 34 funders →
Grants paid · 1,041 grants · $2.8B · 2019–2024
Unitemized GrantFY2024$474,486,535
The Scripps Research InstituteCA · FY2024$2,519,368
The Learning Agency LLCFY2024$1,583,879
Yale UniversityCT · FY2024$1,442,586
Johns Hopkins UniversityMD · FY2024$1,098,504
University of Texas at AustinFY2024$1,092,668
Northwestern UniversityIL · FY2024$1,010,744
Leidos INCFY2024$943,580
University of UtahUT · FY2024$855,779
George Mason UniversityFY2024$644,023
University of South AlabamaAL · FY2024$641,275
Fisk UniversityTN · FY2024$617,297
University of South FloridaFY2024$609,917
Emory UniversityGA · FY2024$562,779
See all 1,041 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.3B
Ln 12
Fees for servicesLn 2g$1.3B
Gifts and grantsLn 1h$417.4M
Investment incomeLn 3$405.5M
Money outPt IX
$2.0B
Ln 25
Programscol B$1.7B
Managementcol C$273.3M
Fundraisingcol D$42.3M
Owns and owesPt X
$9.7B
net assets · Ln 32
Cash and savingsLn 1–2$930.9M
Total assetsLn 16$13.1B
LiabilitiesLn 26$3.5B
PeoplePt VI, VII
52
listed · VII A
PaidVII A18
Voting boardVI 1a33
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$417.4M
Government grantsLn 1e$216.6M
Noncash giftsLn 1g$26.6M
Fundraising eventsLn 1c$102K
Fees for servicesLn 2g$1.3B
Investment incomeLn 3$405.5M
Other incomeLn 4–11$106.1M
Gains on assetsLn 7$237.4M
Total revenueLn 12$2.3B
Assets in detailPt X, end of year
CashLn 1$122.5M
SavingsLn 2$808.4M
Cash and savings togetherLn 1–2$930.9M
InvestmentsLn 11–13$10.09B
Land, buildings, equipmentLn 10c$1.80B
Other assetsLn 15$49.2M
Total assetsLn 16$13.1B
LiabilitiesLn 26$3.5B
Net assetsLn 32$9.7B
OperationsPt I, VI
EmployeesI 514,639
VolunteersI 65,500
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 FY23End FY23
Cash and savingsLn 1–2$1.18B$930.9M
InvestmentsLn 11–13$10.45B$10.09B
Land, buildings, equipmentLn 10c$1.62B$1.80B
Total assetsLn 16$13.53B$13.15B
LiabilitiesLn 26$3.57B$3.46B
Net assetsLn 32$9.96B$9.69B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$61.0M$61.0M
Grants to domestic individualsLn 2$405.2M$405.2M
Grants and assistance to foreign recipientsLn 3$1.6M$1.6M
Pay of current officers, directors and key staffLn 5$20.7M$3.6M$13.6M$3.5M
Pay of disqualified personsLn 6$101K$101K
Other salaries and wagesLn 7$665.2M$582.1M$67.1M$16.1M
Pension plan contributionsLn 8$33.3M$29.2M$3.4M$806K
Other employee benefitsLn 9$72.1M$55.8M$13.0M$3.3M
Payroll taxesLn 10$41.3M$36.1M$4.2M$999K
Management feesLn 11a$2.3M$213K$2.1M
Legal feesLn 11b$10.8M$10.8M$5K
Accounting feesLn 11c$992K$992K
Professional fundraising feesLn 11e$98K$98K
Investment management feesLn 11f$59.2M$59.2M
Other fees for servicesLn 11g$116.8M$88.4M$23.4M$5.0M
Advertising and promotionLn 12$7.2M$5.6M$838K$746K
Office expensesLn 13$95.6M$81.5M$11.1M$3.0M
Information technologyLn 14$29.5M$25.3M$3.5M$696K
RoyaltiesLn 15$61.0M$61.0M
OccupancyLn 16$116.4M$93.1M$20.8M$2.5M
TravelLn 17$34.6M$31.6M$1.8M$1.2M
Conferences, conventions and meetingsLn 19$5.4M$5.0M$425K$44K
InterestLn 20$20.6M$17.8M$2.7M
Depreciation, depletion and amortizationLn 22$101.0M$82.2M$16.8M$2.0M
InsuranceLn 23$13.0M$7.8M$5.2M$572
Other expenses (24a–d)Ln 24$29.1M$28.5M$536K$65K
All other expensesLn 24e$21.9M$7.9M$11.7M$2.2M
Total functional expensesLn 25$2.03B$1.71B$273.3M$42.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.6B$2.3B$270.5M$10.3B 990 PDF
FY2023 Viewing $2.3B$2.0B$240.5M$9.7B 990 PDF
FY2022 $3.3B$2.0B$1.3B$10.0B 990 PDF
FY2021 $2.8B$1.9B$921.6M$10.5B 990 PDF
FY2020 $1.7B$1.6B$85.4M$6.5B 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,266,404,948 across 13 lines filed
Lines not itemized here account for $16,199,179 of total revenue; see the IRS return.
VIII-1c Fundraising events$102,338
VIII-1e Government grants$216,583,247
VIII-1f All other contributions, gifts and grants$200,712,155
VIII-1g Noncash contributions (included above)$26,624,480
VIII-1h Total contributions, gifts and grants$417,397,740
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,320,888,752 · Unrelated business $356,897$1,321,245,649
VIII-3 Investment incomeUnrelated business $66,763,536 · Excluded from tax $101,270,400$168,033,936
VIII-5 RoyaltiesUnrelated business $3 · Excluded from tax $82,132,842$82,132,845
VIII-6 Net rental income or lossUnrelated business $759 · Excluded from tax $5,496,730$5,497,489
VIII-7 Net gain or loss on sales of assetsUnrelated business $12,170,952 · Excluded from tax $225,252,809$237,423,761
VIII-8 Net income from fundraising eventsExcluded from tax −$14,653−$14,653
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $381,353 · Unrelated business $18,107,649$18,489,002
VIII-12 Total revenueRelated to mission $1,337,469,284 · Unrelated business $97,399,796 · Excluded from tax $414,138,128$2,266,404,948
Part IX · Statement of functional expenses $2,025,948,154 across 27 lines filed
IX-1 Grants to domestic organizationsPrograms $61,031,922$61,031,922
IX-2 Grants to domestic individualsPrograms $405,165,573$405,165,573
IX-3 Grants and assistance to foreign recipientsPrograms $1,644,267$1,644,267
IX-5 Pay of current officers, directors and key staffPrograms $3,574,195 · Management $13,598,380 · Fundraising $3,548,145$20,720,720
IX-6 Pay of disqualified personsPrograms $101,249$101,249
IX-7 Other salaries and wagesPrograms $582,055,805 · Management $67,066,656 · Fundraising $16,090,570$665,213,031
IX-8 Pension plan contributionsPrograms $29,166,267 · Management $3,360,647 · Fundraising $806,283$33,333,197
IX-9 Other employee benefitsPrograms $55,757,558 · Management $13,032,869 · Fundraising $3,299,842$72,090,269
IX-10 Payroll taxesPrograms $36,128,540 · Management $4,162,866 · Fundraising $998,751$41,290,157
IX-11a Management feesPrograms $212,901 · Management $2,135,932$2,348,833
IX-11b Legal feesManagement $10,793,157 · Fundraising $5,300$10,798,457
IX-11c Accounting feesManagement $992,350$992,350
IX-11e Professional fundraising feesFundraising $97,606$97,606
IX-11f Investment management feesManagement $59,213,645$59,213,645
IX-11g Other fees for servicesPrograms $88,379,096 · Management $23,415,209 · Fundraising $4,957,048$116,751,353
IX-12 Advertising and promotionPrograms $5,567,209 · Management $837,668 · Fundraising $746,080$7,150,957
IX-13 Office expensesPrograms $81,480,461 · Management $11,106,662 · Fundraising $3,035,169$95,622,292
IX-14 Information technologyPrograms $25,277,334 · Management $3,481,867 · Fundraising $696,456$29,455,657
IX-15 RoyaltiesPrograms $60,998,953$60,998,953
IX-16 OccupancyPrograms $93,149,185 · Management $20,777,282 · Fundraising $2,468,703$116,395,170
IX-17 TravelPrograms $31,601,015 · Management $1,830,964 · Fundraising $1,199,033$34,631,012
IX-19 Conferences, conventions and meetingsPrograms $4,965,565 · Management $424,894 · Fundraising $43,549$5,434,008
IX-20 InterestPrograms $17,825,220 · Management $2,724,798$20,550,018
IX-22 Depreciation, depletion and amortizationPrograms $82,160,761 · Management $16,807,315 · Fundraising $2,030,059$100,998,135
IX-23 InsurancePrograms $7,800,655 · Management $5,214,286 · Fundraising $572$13,015,513
IX-24 Other expenses (24a–d)Programs $28,452,543 · Management $536,189 · Fundraising $64,688$29,053,420
IX-24e All other expensesPrograms $7,928,957 · Management $11,747,453 · Fundraising $2,173,980$21,850,390
IX-25 Total functional expensesPrograms $1,710,425,231 · Management $273,261,089 · Fundraising $42,261,834$2,025,948,154
Part X · Balance sheet $13,149,511,362 assets, 21 lines filed
Asset lines not itemized here account for $1,799,170; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $102,989,529$122,529,748
X-2 Savings and temporary cash investmentsStart of year $1,073,362,225$808,359,308
X-3 Pledges and grants receivableStart of year $142,785,838$213,326,793
X-4 Accounts receivableStart of year $76,518,779$51,921,561
X-8 Inventories for sale or useStart of year $273,817$335,551
X-9 Prepaid expenses and deferred chargesStart of year $14,299,044$13,717,580
X-10c Land, buildings and equipment, netStart of year $1,616,540,131$1,797,533,767
X-11 Publicly traded securitiesStart of year $4,964,936,648$4,880,564,014
X-12 Other securitiesStart of year $5,463,678,430$5,193,051,568
X-13 Program-related investmentsStart of year $17,578,281$17,179,713
X-15 Other assetsStart of year $57,414,450$49,192,589
X-16 Total assetsStart of year $13,531,777,510$13,149,511,362
X-17 Accounts payable and accrued expensesStart of year $289,979,198$282,242,924
X-19 Deferred revenueStart of year $1,887,200,104$1,840,731,085
X-20 Tax-exempt bond liabilities$25,000,000
X-25 Other liabilitiesStart of year $727,314,896$676,896,388
X-26 Total liabilitiesStart of year $3,573,286,552$3,460,404,534
X-27 Net assets without donor restrictionsStart of year $5,611,957,096$5,455,561,991
X-28 Net assets with donor restrictionsStart of year $4,346,533,862$4,233,544,837
X-32 Total net assets or fund balancesStart of year $9,958,490,958$9,689,106,828
X-33 Total liabilities and net assetsStart of year $13,531,777,510$13,149,511,362
Part XI · Reconciliation of net assets $9,689,106,828 net assets at year end
XI-1 Total revenue$2,266,404,948
XI-2 Total expenses$2,025,948,154
XI-3 Revenue less expenses$240,456,794
XI-4 Net assets at start of year$9,958,490,958
XI-5 Net unrealized gains (losses) on investments−$503,474,368
XI-9 Other changes in net assets−$6,366,556
XI-10 Net assets at end of year$9,689,106,828

Form 990 e-file (XML) FY2023 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.