Yale University - Subordinates: Nonprofit Profile, Financials & Form 990 (EIN 91-1864328)

Revenue by fiscal year
FY2021	$1.8M
FY2022	$4.6M
FY2023	$5.3M
FY2024	$5.7M
FY2025	$5.3M

Expenses by fiscal year
FY2021	$688K
FY2022	$2.0M
FY2023	$5.9M
FY2024	$8.0M
FY2025	$5.2M

Net assets by fiscal year
FY2021	$8.1M
FY2022	$10.7M
FY2023	$10.0M
FY2024	$7.8M
FY2025	$7.9M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1992.

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

Where the money goes

98 cents of each dollar spent went to programs.

98%

Program services 98% · $5.1M Management & general 2% · $96K

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

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

See Attached

$0Pt VII · Sec A

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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 15aNo

Programs and updates

Organizes reunions, events, and communications to keep alumni connected with Yale University while occasionally awarding student scholarships and fellowships.

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Provided by the organization

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1 program · $5.1M · in their own filed words · FY2024

01

Holding reunions and alumni class events that coincide with programs presented by yale university, as well as other alumni MAILINGS/ACTIVITIES that keep alumni informed of current activities at yale university.

$5.1Mprogram 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

T Rowe Price Program for Charitable Giving INCFY2025$36K

Total grants receivedfrom 1 funder$36K

Grants paid · 11 grants · $348K · 2020–2024

Unitemized GrantFY2024$16,000

Yale UniversityCT · FY2024$9,100

Yale UniversityCT · FY2023$218,000

Unitemized GrantFY2023$15,000

Yale UniversityCT · FY2022$20,500

Unitemized GrantFY2022$17,200

Squash Haven INCCT · FY2022$6,000

Yale UniversityCT · FY2021$15,500

Unitemized GrantFY2021$13,000

Yale UniversityCT · FY2020$10,500

Unitemized GrantFY2020$7,488

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$5.3M

Ln 12

Fees for servicesLn 2g$3.1M

Gifts and grantsLn 1h$1.7M

Investment incomeLn 3$469K

Money outPt IX

$5.2M

Ln 25

Programscol B$5.1M

Managementcol C$96K

Owns and owesPt X

$7.9M

net assets · Ln 32

Total assetsLn 16$7.9M

LiabilitiesLn 26$0

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a647

IndependentVI 1b647

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.7M

Fees for servicesLn 2g$3.1M

Investment incomeLn 3$469K

Total revenueLn 12$5.3M

Assets in detailPt X, end of year

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$7.9M

LiabilitiesLn 26$0

Net assetsLn 32$7.9M

OperationsPt I, VI

EmployeesI 50

VolunteersI 61,000

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

Line	Start FY25	End FY25
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$7.8M	$7.9M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$7.8M	$7.9M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$16K	$16K
Grants to domestic individualsLn 2	$16K	$16K
Accounting feesLn 11c	$96K		$96K
Other fees for servicesLn 11g	$335K	$335K	$0	$0
Office expensesLn 13	$182K	$182K
Information technologyLn 14	$19K	$19K
TravelLn 17	$58K	$58K
Conferences, conventions and meetingsLn 19	$1.6M	$1.6M
Other expenses (24a–d)Ln 24	$2.6M	$2.6M
All other expensesLn 24e	$219K	$219K	$0	$0
Total functional expensesLn 25	$5.2M	$5.1M	$96K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$5.3M	$5.2M	$111K	$7.9M	990 PDF
FY2024	$5.7M	$8.0M	−$2.3M	$7.8M	990 PDF
FY2023	$5.3M	$5.9M	−$621K	$10.0M	990 PDF
FY2022	$4.6M	$2.0M	$2.6M	$10.7M	990 PDF
FY2021	$1.8M	$688K	$1.1M	$8.1M	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $5,282,174 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,365,413$1,702,808

I-9 Program service revenuePrior year $3,867,432$3,110,777

I-10 Investment incomePrior year $479,686$468,589

I-11 Other revenue$0

I-12 Total revenuePrior year $5,712,531$5,282,174

I-13 Grants and similar amounts paidPrior year $244,706$31,600

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $7,746,079$5,139,164

I-18 Total expensesPrior year $7,990,785$5,170,764

I-19 Revenue less expensesPrior year −$2,278,254$111,410

Part VI · Governance 647 of 647 board members independent, 1 to look at

VI-1a Voting members of the governing body647

VI-1b Independent voting members647

VI-15a Process for setting top official's payNo

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

Part VIII · Statement of revenue $5,282,174 across 6 lines filed

VIII-1b Membership dues$874,563

VIII-1f All other contributions, gifts and grants$828,245

VIII-1h Total contributions, gifts and grants$1,702,808

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,110,777$3,110,777

VIII-3 Investment incomeExcluded from tax $468,589$468,589

VIII-12 Total revenueRelated to mission $3,110,777 · Unrelated business $0 · Excluded from tax $468,589$5,282,174

Part IX · Statement of functional expenses $5,170,764 across 10 lines filed

IX-1 Grants to domestic organizationsPrograms $15,600$15,600

IX-2 Grants to domestic individualsPrograms $16,000$16,000

IX-11c Accounting feesManagement $96,500$96,500

IX-11g Other fees for servicesPrograms $335,114 · Management $0 · Fundraising $0$335,114

IX-13 Office expensesPrograms $182,291$182,291

IX-14 Information technologyPrograms $18,770$18,770

IX-17 TravelPrograms $58,029$58,029

IX-19 Conferences, conventions and meetingsPrograms $1,595,529$1,595,529

IX-24 Other expenses (24a–d)Programs $2,633,874$2,633,874

IX-24e All other expensesPrograms $219,057 · Management $0 · Fundraising $0$219,057

IX-25 Total functional expensesPrograms $5,074,264 · Management $96,500 · Fundraising $0$5,170,764

Part X · Balance sheet $7,878,486 assets, 9 lines filed

X-4 Accounts receivableStart of year $7,767,076$7,878,486

X-10c Land, buildings and equipment, netStart of year $0$0

X-15 Other assetsStart of year $0$0

X-16 Total assetsStart of year $7,767,076$7,878,486

X-25 Other liabilitiesStart of year $0$0

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $7,767,076$7,878,486

X-32 Total net assets or fund balancesStart of year $7,767,076$7,878,486

X-33 Total liabilities and net assetsStart of year $7,767,076$7,878,486

Part XI · Reconciliation of net assets $7,878,486 net assets at year end

XI-1 Total revenue$5,282,174

XI-2 Total expenses$5,170,764

XI-3 Revenue less expenses$111,410

XI-4 Net assets at start of year$7,767,076

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$7,878,486

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

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