NonprofitsDrexel University

Education

Drexel University

PHILADELPHIA, PA

Total revenue

$1.4B

Total expenses

$1.5B

Net assets

$1.4B

Grants received

$156.4M

1,518 grants

EIN

231352630

Tax year

2023

Mission

Integrated academic offerings enhanced by technology, cooperative education and clinical practice

Programs

2 programs

Researchdrexel researchers work across disciplines to increase the world's store of knowledge and translate that new knowledge into solutions with tremendous positive impact on society. Typically, the university receives about $110 million per year in research expenditures. The university is committed to using its research and technological expertise to become an even more powerful economic engine for greater philadelphia, helping to create new high-tech businesses and jobs. Drexel is creating an ecosystem of innovation in and around university city, while delivering on its public purpose as an anchor institution for philadelphia. This ecosystem will ultimately benefit students, through co-ops and career opportunities; faculty, through collaborative research and training; and the surrounding community, through the creation of pipelines to employment.this commitment is at the heart of schuylkill yards, a $3.5 billion mixed-use project with development partner brandywine realty trust on university real estate adjacent to philadelphia's amtrak 30th street station. In partnership with wexford science and technology, drexel is also extending ucity square, a multi-billion-dollar development, through a facility that houses k-8 public schools and an academic building that relocated the college of medicine and college of nursing and health professions to the university city campus.most recently, spark therapeutics broke ground on a $575 million state-of-the-art gene therapy innovation center on drexel's campus. Through a partnership with gattuso development partners, the campus will also boast what is expected to become the city's largest life sciences facility.during fy24, drexel university conducted research on the following research grants:federally sponsored research - 923 grantsstate of pennsylvania sponsored research - 93 grantscity of philadelphia contracts - 22 grantsprivate foundation sponsored research - 323 grantsindustry sponsored research - 92 grants

Expenses: $181.0MGrants: $21.7M

Patient care/public serviceit is drexel university's patient care mission to serve the community through the delivery of high-quality, cost-effective health care services, including programs of health promotion and disease prevention. All clinical services are provided with careful regard for the individual patient and their family. Organized as drexel health, the university's clinical practices provide exceptional care in a variety of services including general internal medicine, hiv/aids, student health, addiction medicine, psychiatry, eating disorders, and optometry, among others.

Expenses: $31.4M

Financials

FY 2023

Revenue

Contributions & grants$212.0M
Program service revenue$1.1B
Investment income$68.7M
Other revenue$17.7M
Total revenue$1.4B

Expenses

Grants paid$441.8M
Salaries & benefits$609.2M
Fundraising$17.5M
Other expenses$401.7M
Total expenses$1.5B
Total assets$2.9B
Net assets$1.4B

People

50 listed

NameRoleCompensation

JOHN A FRY

PRESIDENT

Board

$2.7M

40 hrs/wk

HELEN Y BOWMAN

EXECUTIVE VP/TREASURER/COO

Board

$725K

40 hrs/wk

DARIN PFEIFER

SECRETARY

Board

$183K

40 hrs/wk

BRIAN R FORD

TRUSTEE

Board

2 hrs/wk

MICHAEL FORMAN

TRUSTEE

Board

2 hrs/wk

KENNETH FULMER

TRUSTEE

Board

2 hrs/wk

SEAN J GALLAGHER

TRUSTEE

Board

2 hrs/wk

DAVID R GELTZER

TRUSTEE

Board

2 hrs/wk

RICHARD A GREENAWALT

CHAIR

Board

2 hrs/wk

DAVID GRIFFITH

TRUSTEE

Board

2 hrs/wk

MAURICIO GUTIERREZ

TRUSTEE

Board

2 hrs/wk

RICHARD A HAYNE

VICE CHAIR

Board

2 hrs/wk

NINA HENDERSON

VICE CHAIR

Board

2 hrs/wk

NICK HOWLEY AS OF 1223

TRUSTEE

Board

2 hrs/wk

CLIFFORD A HUDIS AS OF 524

TRUSTEE

Board

2 hrs/wk

RICHARD C ILL

TRUSTEE

Board

2 hrs/wk

PATRICIA H IMBESI

TRUSTEE

Board

2 hrs/wk

JOSEPH H JACOVINI ESQ

TRUSTEE

Board

2 hrs/wk

THOMAS R KLINE

TRUSTEE

Board

2 hrs/wk

CORINA LAM

TRUSTEE

Board

2 hrs/wk

J MICHAEL LAWRIE

TRUSTEE

Board

2 hrs/wk

THOMAS LEONARD

TRUSTEE

Board

2 hrs/wk

ALBERT LORD

TRUSTEE

Board

2 hrs/wk

JEFFREY LYASH JR

TRUSTEE

Board

2 hrs/wk

JERRY J MARTIN

TRUSTEE

Board

2 hrs/wk

MARK MCADOO

TRUSTEE

Board

2 hrs/wk

PATRICK MCGONIGAL

TRUSTEE

Board

2 hrs/wk

MATTHEW S NAYLOR

TRUSTEE

Board

2 hrs/wk

DENIS P O'BRIEN

TRUSTEE

Board

2 hrs/wk

KEVIN J O'HARA

TRUSTEE

Board

2 hrs/wk

CHARLES CAIRNS

DEAN & SVP MED AFFAIRS COM

Staff

$816K

40 hrs/wk

PAUL JENSEN

SVP & NINA HENDERSON PROVOST

Staff

$652K

40 hrs/wk

ELISABETH VAN BOCKSTAELE

SVP GRAD, AND ONLINE ED.

Staff

$532K

40 hrs/wk

DAVID L UNRUH

SVP INST ADVANCEMENT

Staff

$527K

40 hrs/wk

MICHAEL J EXLER ESQ

SVP AND GENERAL COUNSEL

Staff

$519K

40 hrs/wk

SUBIR SAHU

SVP STUDENT SUCCESS

Staff

$488K

40 hrs/wk

SHARON WALKER

DEAN, COLLEGE OF ENGINEERING

Staff

$471K

40 hrs/wk

PAUL BRANDT-RAUF

DEAN, SCHOOL OF BIOMEDICAL

Staff

$470K

40 hrs/wk

ZACHARY SPIKER

HEAD COACH, BASKETBALL

Staff

$468K

40 hrs/wk

DANIEL FILLER

DEAN, KLINE SCHOOL OF LAW

Staff

$467K

40 hrs/wk

BRIAN WIGDAHL

CHAIR, MICROBIOLOGY CONTROL

Staff

$462K

40 hrs/wk

MEGAN WEYLER

SVP AND CHRO

Staff

$444K

40 hrs/wk

TRACEY POWELL

SVP, UNIV MARKETING & COMM

Staff

$433K

40 hrs/wk

BRIAN T KEECH

SVP GOV & COMMUNITY RELATIONS

Staff

$340K

40 hrs/wk

ALEISTER SAUNDERS

EXEC VICE PROV, RES & INNOVATION

Staff

$340K

40 hrs/wk

DANIEL SCHIDLOW

FORMER KEY EMPLOYEE

Staff

$323K

40 hrs/wk

CATHERINE ULOZAS

SVP CHIEF INVESTMENT OFFICER

Staff

$312K

40 hrs/wk

EVELYN THIMBA TO 723

SVP ENROLLMENT MANAGEMENT

Staff

$208K

40 hrs/wk

NIKI GIANAKARIS

FORMER KEY EMPLOYEE

Staff

$165K

40 hrs/wk

DAVID RUSENKO

FORMER KEY EMPLOYEE

Staff

$125K

40 hrs/wk

Independent contractors

ARAMARK SERVICES INC

FOOD SERVICE

$18.3M

ALLIED UNIVERSAL SECURITY SERVICES

SECURITY SERVICES

$9.4M

SOLUTIONZ INC

AV INTEGRATOR SERVICES

$3.8M

LEVLANE ADVERTISING INC

ADVERTISING SERVICE

$3.3M

GILBANE BUILDING COMPANY

CONSTRUCTION SERVICES

$3.2M

Grants received

Showing 200 of 1,518

FromAmountPurposeYear
$2.0M
81341 ILLUMINATING AND ADDRESSING STRUCTURAL RACISM IN THE HEALTHCARE INDUSTRY: BUILDING THE FIELD FROM THE GROUND UP
2024
$500K
GENERAL
2024
$500K
General Support
2024
$400K
THE PROMISE OF MARIJUANA LEGALIZATION TO REDUCE RACIAL DISPARITIES IN YOUTH LEGAL SYSTEM CONTACT IN NEW JERSEY
2024
$372K
GENERAL USE/ NO RESTRICTIONS
2024
$333K
EDUCATIONAL SUPPORT
2024
$306K
Community Health; Healthcare Access; Health Workfo
2024
$255K
YOUNG INVESTIGATOR AWARD
2024
$250K
BUILDING ECONOMIC POWER
2024
$225K
SUPPORT FOR ENDOWMENT AND ONGOING PROGRAMS
2024
$203K
TO PLAN AND PILOT A RANDOMIZED CONTROLLED TRIAL EXAMINING IF PROVIDING TARGETED HOUSING SUBSIDIES DIRECTLY AFTER RELEASE FROM INCARCERATION IMPACTS RATES OR RECIDIVISM AND HOMELESSNESS.
2024
$200K
PROGRAM SUPPORT
2024
$200K
SCHOLARSHIPS
2024
$187K
TO EVALUATE THE IMPACT OF EXPANDING ACCESS TO DIVERSION PROGRAM IN TWO COUNTIES IN PENNSYLVANIA.
2024
$178K
LEGAL ASSISTANCE
2024
$169K
STEAMING THROUGH DANCE
2024
$168K
82228 SUPPORTING INNOVATIVE EPIDEMIOLOGIC RESEARCH AND A COLLECTIVE LEADERSHIP APPROACH TO EXPAND THE PUBLIC HEALTH CASE FOR REPARATIONS
2024
$165K
NO RESTRICTIONS
2024
$158K
81584 INCREASING STAFF SUPPORT OF AND ENGAGING THE UNIVERSITY COMMUNITY IN A SHARED VISION ON DIVERSITY, EQUITY, INCLUSION, BELONGING -- DREXEL UNIVERSITY
2024
$156K
80326 PROVIDING EVIDENCE ABOUT THE CONSEQUENCES OF ENDING CASH BAIL FOR COMMUNITY HEALTH EQUITY
2024
$150K
M1 monoclonal antibodies: A new tool for detection and treatment of SPG4-HSP. Led by Dr. Peter Baas.
2024
$150K
COMMUNITY CONNECTIONS GRANT: DREXEL SLAMS MCMICHAEL SCHOOL INITIATIVE
2024
$149K
TO SUPPORT A RANDOMIZED CONTROLLED TRIAL TO EVALUATE THE PROJECT SCOPE (SAFETY, CLEANING, OWNERSHIP, PARTNERSHIPS AND ENGAGEMENT) PROGRAM BY THE SOUTHEASTERN PENNSYLVANIA TRANSIT AUTHORITY'S POLICE DEPARTMENT.
2024
$140K
PROJECT FUND
2024
$139K
Fire Safety Research
2024
$125K
CANCER MEDICAL RESEARCH
2024
$125K
HEART DISEASE MEDICAL RESEARCH
2024
$125K
AIDS MEDICAL RESEARCH
2024
$100K
EDUCATIONAL
2024
$100K
General & Unrestricted
2024
$100K
Grant - See Part IV
2024
$100K
GENERAL OPERATING GRANT
2024
$100K
EDUCATION
2024
$95K
TO SUPPORT A FUTURE EVALUATION OF A PILOT PROGRAM IN PHILADELPHIA THAT RELIEVES ELIGIBLE RESIDENTS FROM LEGAL FINANCIAL OBLIGATIONS.
2024
$94K
CF CARE CENTER
2024
$85K
GENERAL SUPPORT
2024
$77K
TO SUPPORT THE FOUNDATION PROGRAM INITIATIVES
2024
$75K
SUPPORT FOR NOWAK LAB'S 2024 GENERAL OPERATING EXPENSES. 202405-15149
2024
$75K
ART WORKS DREXEL CO-OP - SUPPORT IS INTENDED TO ESTABLISH THE FORMAN ARTS INITIATIVE CO-OP PROGRAM FUND AT THE LENFEST CENTER FOR CULTURAL PARTNERSHIPS.
2024
$68K
81679 COMPARING THE IMPACT ON HEALTH EQUITY AMONG IMMIGRANT POPULATIONS OF SANCTUARY AND ANTI-SANCTUARY STATE PREEMPTION POLICIES
2024
$63K
Velay Fellowship
2024
$63K
GENERAL OPERATING
2024
$60K
General Fund
2024
$54K
SCIENTIFIC RESEARCH
2024
$53K
Lawrie global leadership program
2024
$53K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$52K
GENERAL USE
2024
$51K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$50K
CANCER GRANT
2024
$50K
CHARITABLE FUNCTION
2024
$50K
RESEARCH AND DEVELOPMENT
2024
$50K
PROFESSIONAL DEVELOPMENT - SCHOLARSHIP
2024
$50K
EDUCATIONAL ASSISTANCE
2024
$49K
GENERAL OPERATING
2024
$45K
BREAST CANCER RESEARCH
2024
$40K
80515 MAKING THE CASE THAT SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM BENEFIT AMOUNTS SHOULD REFLECT GEOGRAPHIC VARIATION IN HOUSING AND FOOD COSTS
2024
$38K
GENERAL OPERATING
2024
$38K
FOR THE DREXEL UNIVERSITY COLLEGE OF MEDICINE (DUCOM) HEALTH OUTREACH PROJECT (HOP)
2024
$31K
GENERAL SUPPORT FOR SCHOOL
2024
$30K
SAIG SCHOLARSHIPS
2024
$30K
GENERAL SUPPORT
2024
$30K
79469 COLLABORATING WITH RWJF'S TRANSFORMING ACADEMIA FOR EQUITY INITIATIVE AS A PARTNER ACADEMIC INSTITUTION -- DREXEL UNIVERSITY
2024
$25K
Contribution - See Part IV
2024
$25K
SLIFKA-RITVO AWARD FOR INNOVATION IN AUTISM RESEARCH.
2024
$25K
FINAL PAYMENT FOR ACPMP RESEARCH GRANT NORD ID 15005
2024
$25K
TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION
2024
$23K
WHAT STRETCHES THE FABRIC OF THE COSMOS? PROBES OF FUNDAMENTAL PHYSICS IN COSMIC VOIDS USING AI
2024
$23K
FOR A SCHOLARSHIP AWARD.
2024
$20K
OPERATIONS
2024
$20K
2023 SUMMER PROGRAM
2024
$18K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2024
$18K
GENERAL OPERATING
2024
$17K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$17K
SCHOLARSHIP
2024
$16K
CHARITABLE CONTRIBUTION - UNRESTRICED TO SUPPORT NON-PROFITS MISSION.
2024
$14K
EDU - EDUCATIONAL SUCCESS (PRIMARY)
2024
$13K
Drexel Student-Athletes FUND
2024
$12K
GENERAL SUPPORT
2024
$12K
SEE PART IV
2024
$12K
80702 CONDUCTING PLANNING FOR RWJF'S ILLUMINATING AND ADDRESSING HEALTHCARE SYSTEM'S ROLE IN PERPETUATING STRUCTURAL RACISM AUTHORIZATION
2024
$10K
NEIL BLACK COMPUTER INFORMATICS SCHOLARSHIP
2024
$10K
Student Scholarship Grants
2024
$10K
SCHOLARSHIP
2024
$10K
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
2024
$10K
DATA MANAGEMENT AND RESEARCH PROJECT SUPPORT
2024
$8K
NONLINEAR WAVES IN NOISY AND OTHER COMPLEX ENVIRONMENTS
2024
$7K
SUPPORT CADET SCHOLARSHIP AWARDS PROGRAM
2024
$7K
FOR THE BOB AND DONNA RHOADS SCHOLARSHIP
2024
$7K
GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE
2024
$5K
General & Unrestricted
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
SCHOLARSHIP
2024
$5K
MLK NATIONAL DAY OF SERVICE
2024
$5K
GENERAL NEEDS OR PURPOSE
2024
$5K
MATCHING GIFTS
2024
$4K
TO SUPPORT THE ORGANIZATION'S PROGRAMS.
2024
$4K
Contribution provided
2024
$4K
SCHOLARSHIPS
2024
$3K
GENERAL SUPPORT
2024
$3K
SCHOLARSHIPS
2024
$2K
SCHOLARSHIP
2024
$2K
Men's Lacrosse Program
2024
$2K
GENERAL OPERATING
2024
$1K
COLLEGE SCHOLARSHIP
2024
$1K
CHARITABLE
2024
$1K
GENERAL EXEMPT PURPOSE
2024
$500
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$250
General purpose fund
2024
$225
MATCHING GIFTS
2024
$200
GENERAL FUND
2024
$100
GENERAL OPERATING
2024
$2.8M
GENERAL & CAPITAL CAMPAIGN
2023
$2.1M
For grant recipient's exempt purposes
2023
$1.5M
HIGHER ED INSTITUTIONS
2023
$1.4M
Extramural Research Grant
2023
$1M
Climate Hubs Learning Partner
2023
$601K
SUB-AWARD
2023
$524K
OPPORTUNITY YOUTH PROJECT
2023
$519K
Fire Safety Research
2023
$500K
GENERAL
2023
$500K
CLOSE FOUNDATION DESIGNATED
2023
$488K
JOB- TRAINING
2023
$469K
2021 DREXEL/OOS - HEAT STRESS EXPANSION
2023
$372K
GENERAL USE/ NO RESTRICTIONS
2023
$327K
RESEARCH- SUBCONTRACT
2023
$327K
EDUCATION/RESEARCH
2023
$318K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$300K
General
2023
$269K
SPONSORED RESEARCH SUB-AWARD
2023
$261K
GENERAL SUPPORT
2023
$250K
CLOSE FOUNDATION FUND
2023
$250K
OPERATING SUPPORT FOR TRANSITION PATHWAYS
2023
$225K
CATALYST FUND GRANT
2023
$224K
PROGRAM SUPPORT
2023
$218K
TO UNDERSTAND THE IMPACT OF FINES AND FEES OR ALTERNATIVE POLICIES ON INDIVIDUALS IN THE CRIMINAL JUSTICE SYSTEM.
2023
$210K
Grants/Scholarships
2023
$200K
EDUCATIONAL SUPPORT
2023
$200K
GENERAL SUPPORT
2023
$200K
TO SUPPORT DREXEL UNIVERSITY (DREXEL) TO LAUNCH A PLANNING PROCESS FOR THE WEST PHILADELPHIA COMMUNITY CENTER AND AFFORDABLE HOUSING COMPLEX.
2023
$200K
2022 DREXEL STUDENT GREEN STORMWATER INFRASTRUCTURE RESILIENCE PROJECT SUPPORT
2023
$199K
SUPPORT FOR THE GUIDANCE OF FOUR STATES' (MISSOURI, PENNSYLVANIA, ARIZONA, AND WISCONSIN) STATE SMALL BUSINESS CREDIT INITIATIVE PLANNING AND IMPLEMENTATION. 202112-11656
2023
$183K
GENERAL SUPPORT
2023
$173K
STEAMing through Dance: A Multimodal Exploration of Black Girls Intersectional Identities and STEAM Literacies within a Transdisciplinary STEAM Counterspace.
2023
$167K
EDUCATIONAL SUPPORT
2023
$163K
West Philadelphia Initiative Evaluation
2023
$158K
LEGAL ASSISTANCE
2023
$152K
RESEARCH
2023
$150K
medical research led by Dr. Baas.
2023
$150K
medical research led by Dr. Piermarini
2023
$150K
AUTISM RESEARCH
2023
$150K
TEACHER RESIDENCY
2023
$150K
TO SUPPORT A RANDOMIZED CONTROLLED TRIAL TO EVALUATE THE PROJECT SCOPE (SAFETY, CLEANING, OWNERSHIP, PARTNERSHIPS AND ENGAGEMENT) PROGRAM BY THE SOUTHEASTERN PENNSYLVANIA TRANSIT AUTHORITY'S POLICE DEPARTMENT.
2023
$150K
General & Unrestricted
2023
$147K
FEED FOOD
2023
$144K
THE PROMISE OF MARIJUANA LEGALIZATION TO REDUCE RACIAL DISPARITIES IN YOUTH LEGAL SYSTEM CONTACT IN NEW JERSEY
2023
$133K
PROJECT FUND
2023
$120K
WRITING AND PHONICS PROGRAM FOR ECE
2023
$118K
Healthcare Workforce - Nursing Scholarships
2023
$112K
GENERAL OPERATING
2023

Funded by

$156.4M from 558 funders · 1,518 grants · 2016–2024

The Lenfest Foundation Inc

$13.2M · 3 grants · 2019–2022

Fidelity Investments Charitable Gift Fund

$8.8M · 8 grants · 2017–2023

The Children's Hospital Of Philadelphia

$5.6M · 7 grants · 2017–2023

The Howley Foundation

$5.3M · 4 grants · 2018–2023

National Philanthropic Trust

$3.7M · 6 grants · 2017–2023

Donor Advised Charitable Giving Inc

$3.6M · 7 grants · 2017–2023

The William Penn Foundation

$3.1M · 17 grants · 2020–2023

Details

EIN231352630
NTEE codeB43
Subsection03
Ruling date1927-08
Formed1894
Employees11994
Volunteers4978
DREXEL UNIVERSITY — Mission, Financials & Grants Received | Grantivo