CARNEGIE MELLON UNIVERSITY Charity Report

Public IRS 990 nonprofit record

CARNEGIE MELLON UNIVERSITY

EIN 25-0969449 · Universities (B43)

What they do

to CREATE A TRANSFORMATIVE EDUCATIONAL EXPERIENCE for STUDENTS FOCUSED ON DEEP DISCIPLINARY KNOWLEDGE; PROBLEM SOLVING; LEADERSHIP, COMMUNICATION and INTERPERSONAL SKILLS; and PERSONAL HEALTH and WELL-BEING. to CULTIVATE A TRANSFORMATIVE UNIVERSITY COMMUNITY COMMITTED to (A) ATTRACTING and RETAINING DIVERSE, WORLD-CLASS TALENT; (B) CREATING A COLLABORATIVE ENVIRONMENT OPEN to THE FREE EXCHANGE of IDEAS, WHERE RESEARCH, CREATIVITY, INNOVATION, and ENTREPRENEURSHIP CAN FLOURISH; and (C) ENSURING INDIVIDUALS CAN ACHIEVE THEIR FULL POTENTIAL. to IMPACT SOCIETY IN A TRANSFORMATIVE WAY - REGIONALLY, NATIONALLY, and GLOBALLY - BY ENGAGING WITH PARTNERS OUTSIDE THE TRADITIONAL BORDERS of THE UNIVERSITY CAMPUS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders66 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.33%of revenue went to mission work88.7% of expenses · Program services

1.36%of revenue went to fundraising1.8% of expenses

$75.93spent for every $100 of revenueRevenue covered expenses this year.

7.24%of revenue went to management and office costs9.5% of expenses

$4.03in assets for every $1 spent this yearSome assets cannot be spent right away.

27.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,130,276 for FARNAM JAHANIAN (PRESIDENT/EX-OFFICIO TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,498,102,199

Mission workProgram services$1,681,988,96967.33% of revenue88.7% of expenses

ManagementOffice and general costs$180,803,5487.24% of revenue9.5% of expenses

FundraisingAsking for donations$33,908,2501.36% of revenue1.8% of expenses

Revenue left after expensesReported annual surplus$601,401,43224.07% of revenueShown in gray on the chart

Total expenses$1,896,700,76775.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.7% mission · 9.5% management · 1.8% fundraisingTotal expenses: 75.93% of revenue

2023Expense mix: 88.9% mission · 9.2% management · 1.9% fundraisingTotal expenses: 88.71% of revenue

2022Expense mix: 89.2% mission · 8.8% management · 2.0% fundraisingTotal expenses: 87.20% of revenue

2021Expense mix: 88.5% mission · 9.6% management · 1.9% fundraisingTotal expenses: 76.56% of revenue

2020Expense mix: 89.0% mission · 9.0% management · 2.0% fundraisingTotal expenses: 70.53% of revenue

2019Expense mix: 89.0% mission · 8.6% management · 2.3% fundraisingTotal expenses: 77.75% of revenue

2018Expense mix: 88.5% mission · 9.1% management · 2.4% fundraisingTotal expenses: 84.82% of revenue

2017Expense mix: 87.8% mission · 10.2% management · 2.1% fundraisingTotal expenses: 87.45% of revenue

Money in and money out

Revenue$2,498,102,199

Expenses$1,896,700,767

Annual surplus $601,401,432 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,681,988,969 · 88.7% of expenses

Management and office costs$180,803,548 · 9.5% of expenses

Fundraising$33,908,250 · 1.8% of expenses

See all reported dollar amounts

Revenue$2,498,102,199

Expenses$1,896,700,767

Assets$7,636,209,610

Income$4,211,885,958

Contributions$690,456,548

Mission work (program services)$1,681,988,969

Fundraising$33,908,250

Grants given$333,400,249

Average grant$203,541

Management and general$180,803,548

Executive compensation (total)$10,456,036

Stocks and bonds$1,905,291,299

Accounting fees$2,091,686

Investing fees$11,157,544

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

FARNAM JAHANIANPRESIDENT/EX-OFFICIO TRUSTEE · 50 hrs/week $3,130,276Base $2,749,101 · Other $381,175

CHARLES A KENNEDYCHIEF INVESTMENT OFFICER · 50 hrs/week $2,243,253Base $1,517,452 · Other $725,801

EDWARD J GREFENSTETTETRUSTEE(PRES/CEO,DIETRICH FDN) · 1 hrs/week $1,496,211Base · Other $1,496,211

MICHAEL TRICKDEAN, QATAR CAMPUS · 50 hrs/week $1,177,532Base $1,077,086 · Other $100,446

JAMES H GARRETTPROVOST & CAO · 50 hrs/week $961,085Base $904,204 · Other $56,881

THOMAS GOFFMAN. DIR,OPERATIONS-INV OFFICE · 50 hrs/week $914,766Base $618,489 · Other $296,277

MARY JO DIVELYVP/GEN. COUN & SEC. OF THE COR · 50 hrs/week $897,917Base $840,612 · Other $57,305

ISABELLE BAJEUX BESNAINOUPROF.& DEAN, TEPPER SCH.OF BUS · 50 hrs/week $795,522Base $730,550 · Other $64,972

KRZYSZTOF MATYJASZEWSKIJC WARNER UNIV. PROF. OF NAT. · 50 hrs/week $750,735Base $697,562 · Other $53,173

THERESA MAYERV.P. FOR RESEARCH · 50 hrs/week $738,579Base $557,760 · Other $180,819

PAUL D NIELSENDIRECTOR & CEO, SEI · 50 hrs/week $735,699Base $697,501 · Other $38,198

MARTIAL HEBERTPROF. & DEAN, SCH OF COMP SCIE · 50 hrs/week $707,502Base $640,602 · Other $66,900

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (66)

FARNAM JAHANIANPRESIDENT/EX-OFFICIO TRUSTEE

CHARLES A KENNEDYCHIEF INVESTMENT OFFICER

EDWARD J GREFENSTETTETRUSTEE(PRES/CEO,DIETRICH FDN)

MICHAEL TRICKDEAN, QATAR CAMPUS

JAMES H GARRETTPROVOST & CAO

THOMAS GOFFMAN. DIR,OPERATIONS-INV OFFICE

MARY JO DIVELYVP/GEN. COUN & SEC. OF THE COR

ISABELLE BAJEUX BESNAINOUPROF.& DEAN, TEPPER SCH.OF BUS

KRZYSZTOF MATYJASZEWSKIJC WARNER UNIV. PROF. OF NAT.

THERESA MAYERV.P. FOR RESEARCH

PAUL D NIELSENDIRECTOR & CEO, SEI

MARTIAL HEBERTPROF. & DEAN, SCH OF COMP SCIE

WILLIAM SANDERSPROF. & DEAN, COLLEGE OF ENGIN

DARYL WEINERTVP FOR OPERATIONS

SCOTT MORYFORMER OFFICER

ANGELA BLANTONVP OF FINANCE & CFO

STAN WADDELLVP FOR INFO TECH & CHIEF INFO

GINA CASALEGNOVP FOR STUD AFF & DEAN OF STUD

PAM EAGERINT VP UNIV ADV(EXITED 2/25)

JONATHAN CAGANFORMER KE/PROFESSOR

LOWELL TAYLOREX-OFFICIO TRUSTEE/PROFESSOR

TOM MITCHELLFORMER KE/PROFESSOR

CARRIE NELSONASSISTANT TREASURER

JOHN DOLANTREASURER

TYSEN KENDIGVP UNI COMM & MARK(AS OF 9/24)

KATE LIPPERTASSISTANT SEC. OF THE CORP.

J MICHAEL MCQUADEVOTING TRUSTEE/COMP SERVICES

THOMAS TULLVOTING TRUSTEE

KATHERINE KOHATSUEX-OFFICIO TRUSTEE

MANOJ P SINGHVOTING TRUSTEE

YOSHIAKI FUJIMORIVOTING TRUSTEE

MAYOR ED GAINEYEX-OFFICIO TRUSTEE

NATHALIE COWANVOTING TRUSTEE

SHALINI RAYVOTING TRUSTEE

THOMAS HEALYVOTING TRUSTEE

TED DECKERVOTING TRUSTEE

RONALD BIANCHINI JRVOTING TRUSTEE

RUSSELL CROCKETTVOTING TRUSTEE

TAMARA TUNIEVOTING TRUSTEE

SHRINIVAS V DEMPOVOTING TRUSTEE

SAM REIMANVOTING TRUSTEE

FRANK BRUNCKHORSTVOTING TRUSTEE

AJEI GOPALVOTING TRUSTEE

ANNE M MOLLOYVICE CHAIR/VOTING TRUSTEE

BRIAN OLSAVSKYVOTING TRUSTEE

CHARLES EVANSVOTING TRUSTEE

DANIEL LAVELLEEX-OFFICIO TRUSTEE

DARRYL BRITTVOTING TRUSTEE (EXITED 8/24)

DAVID BENNETTVP FOR UNIV ADV (AS OF 2/25)

DAVID COULTERCHAIR/VOTING TRUSTEE

DAVID A TEPPERVOTING TRUSTEE

EDWARD H FRANKVOTING TRUSTEE

ERIC GILERVOTING TRUSTEE

FRANCISCO B DSOUZAVOTING TRUSTEE

LUKE SKURMANVOTING TRUSTEE

GLORIA CHENVOTING TRUSTEE

HOWARD L ELLINVOTING TRUSTEE

JEANNE CUNICELLIVOTING TRUSTEE

JEWELL RHODESVOTING TRUSTEE

JOANNA LOVERINGEX-OFFICIO TRUSTEE

JOEL P ADAMSVOTING TRUSTEE

KEITH BLOCKVOTING TRUSTEE

KRISTIEANNE REEDVOTING TRUSTEE

LANE M BESSVOTING TRUSTEE

LARRY E JENNINGS JRVOTING TRUSTEE

LIP-BU TANVOTING TRUSTEE

About this charity

Recognized since: January 1992
Location: 5000 FORBES AVE, PITTSBURGH, PA 15213-3815
County: Allegheny
In care of: % CARRIE NELSON
Primary officer: ANGELA BLANTON, V PRES/CFO

How to reach them

WebsiteVisit the charity’s website Phone(412) 268-1358 Officer phone(412) 268-6011

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Universities (B43)
IRS tax category: Universities
Grant-giving organization: Yes