NonprofitsWorcester Polytechnic Institute

Worcester Polytechnic Institute

WORCESTER, MA

Total revenue

$490.8M

Total expenses

$505.3M

Net assets

$850.2M

Grants received

$29.6M

528 grants

EIN

042121659

Tax year

2023

Mission

Worcester polytechnic institute was founded in 1865 to create and convey (continued on schedule o) the latest science and engineering knowledge in ways that are most beneficial for society.

Programs

1 program

At the university, 238 faculty and post doc researchers, and 643 students are engaged in cutting-edge research across a broad range of disciplines. The university receives research funding from a variety of sources, primarily from governmental organizations such as the national science foundation, department of defense, national institute of health and other federal agencies. Research at the university has a decidedly applied focus, with work focused on problems that are both interesting and important. The result is new knowledge, new innovations, and technological advances that attack some of the major challenges of our time.

Expenses: $65.9MGrants: $10.2M

Financials

FY 2023

Revenue

Contributions & grants$25.3M
Program service revenue$454.6M
Investment income$11.1M
Other revenue
Total revenue$490.8M

Expenses

Grants paid$154.4M
Salaries & benefits$205.8M
Fundraising$9.2M
Other expenses$145.0M
Total expenses$505.3M
Total assets$1.3B
Net assets$850.2M

People

38 listed

NameRoleCompensation

JINLIU WANG

PRESIDENT

Board

$808K

40 hrs/wk

MICHAEL HORAN

TREASURER, EXECUTIVE VP & CFO

Board

$577K

40 hrs/wk

DAVID BUNIS

SECRETARY & GENERAL COUNSEL

Board

$575K

40 hrs/wk

KYLE SIEGEL

AVP, CHIEF OF STAFF & DEP. SECR.

Board

$228K

40 hrs/wk

ELIZABETH CLAPP

ASSOC TREAS. & CONTROLLER

Board

$165K

40 hrs/wk

PAMELA MCCAULEY

TRUSTEE (THRU 03/2024)

Board

2 hrs/wk

NEIL MCDONOUGH

TRUSTEE

Board

2 hrs/wk

PATRICIA NEWCOMER-SMALL

TRUSTEE

Board

2 hrs/wk

GEORGE OLIVER

TRUSTEE

Board

2 hrs/wk

ELIZABETH PHALEN

TRUSTEE

Board

2 hrs/wk

MARK RUSSELL

TRUSTEE

Board

2 hrs/wk

ELIZABETH SCHWEINSBERG

TRUSTEE

Board

2 hrs/wk

NAVJOT SINGH

TRUSTEE

Board

2 hrs/wk

JOAN BOLDUC SZKUTAK

TRUSTEE

Board

2 hrs/wk

MYLES WALTON

TRUSTEE

Board

2 hrs/wk

JENNIFER WYSE

TRUSTEE

Board

2 hrs/wk

ERICA MASON

TRUSTEE

Board

2 hrs/wk

CARLEEN MAITLAND

TRUSTEE

Board

2 hrs/wk

DAVID LAPRE

TRUSTEE

Board

2 hrs/wk

STUART KAZIN

TRUSTEE

Board

2 hrs/wk

ROBERT HART

TRUSTEE

Board

2 hrs/wk

MARNI HALL

TRUSTEE

Board

2 hrs/wk

LINWOOD BRADFORD

TRUSTEE

Board

2 hrs/wk

LORRAINE BOLSINGER

TRUSTEE

Board

2 hrs/wk

MICHAEL ASPINWALL

TRUSTEE

Board

2 hrs/wk

STEPHEN RUSCKOWSKI

VICE CHAIR & TRUSTEE

Board

2 hrs/wk

JOYCE KLINE

VICE CHAIR & TRUSTEE

Board

2 hrs/wk

MAUREEN MCCAFFREY

TRUSTEE

Board

2 hrs/wk

WILLIAM FITZGERALD

CHAIR & TRUSTEE

Board

2 hrs/wk

PHILIP CLAY

VP STUDENT AFFAIRS

Staff

$544K

40 hrs/wk

LAUREN TURNER

SVP TALENT & INCLUSION, CDO

Staff

$543K

40 hrs/wk

WINSTON SOBOYEJO

PROVOST (THRU 09/2023)

Staff

$540K

40 hrs/wk

DONNA STOCK

VP UNIVERSITY ADVANCEMENT

Staff

$461K

40 hrs/wk

JEAN KING

DEAN OF ARTS & SCIENCES

Staff

$381K

40 hrs/wk

JOHN MCNEIL

DEAN OF ENGINEERING

Staff

$367K

40 hrs/wk

LEE MORADI

MECHANICAL & MATERIALS ENG PROFESSOR

Staff

$354K

40 hrs/wk

ARTHUR HEINRICHER

DEAN UG STUD/INT PROV (AS OF 10/23)

Staff

$342K

40 hrs/wk

BRUCE BURSTEN

CHEMISTRY PROFESSOR

Staff

$202K

40 hrs/wk

Independent contractors

CONSIGLI CONSTRUCTION COMPANY INC

CONSTRUCTION

$4.3M

DANIEL O'CONNELL'S SONS INC

CONSTRUCTION

$3.8M

SHAWMUT DESIGN & CONSTRUCTION

CONSTRUCTION

$3.4M

STANTEC ARCHITECTURE AND ENGINEERING PC

PROF. SERVICES

$1.6M

GREEN LEAF CONSTRUCTION LLC

CONSTRUCTION

$1.3M

Grants received

Showing 200 of 528

FromAmountPurposeYear
$275K
TECHNOLOGY PLAN
2024
$250K
UNRESTRICTED GENERAL
2024
$245K
SEED PROJECTS GAPONTSEV
2024
$140K
UNRESTRICTED GENERAL SUPPORT
2024
$109K
GENERAL SUPPORT
2024
$100K
Koehl Merit Scholarship
2024
$52K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$50K
UNRESTRICTED GENERAL
2024
$40K
SCHOLARSHIP FUND
2024
$31K
CHARITABLE GIFT
2024
$25K
MUSIC EDUCATION
2024
$16K
GENERAL PROGRAM SUPPORT
2024
$16K
SCHOLARSHIP/WOLFE, ALEXANDRA
2024
$14K
SCHOLARSHIP
2024
$10K
GENERAL SUPPORT
2024
$10K
SCHOLARSHIP
2024
$8K
INVERSE PROBLEMS FOR PDES, REGULARIZATION, AND NEURAL NETWORK SOLUTIONS
2024
$8K
INVESTIGATING DIFFUSION AND TRANSPORT AT THE MICROSCALE
2024
$8K
PROGRAM SUPPORT
2024
$8K
COLLEGES AND UNIVERSITIES
2024
$6K
OUTREACH PROGRAM ASSISTANCE GRANT
2024
$5K
Donation to Promote Fire Protection Engineering
2024
$5K
COLLEGE EDUCATION
2024
$4K
UNRESTRICTED GENERAL
2024
$4K
EDUCATIONAL PURPOSES
2024
$4K
SCHOLARSHIPS
2024
$3K
SCHOLARSHIPS
2024
$3K
PAYMENT FOR EDUCATIONAL PURPOSES
2024
$3K
SCHOLARSHIPS
2024
$2K
UNRESTRICTED GENERAL
2024
$2K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$2K
SCHOLARSHIP FBO ABBY LEWIS
2024
$2K
EDUCATIONAL SCHOLARSHIP
2024
$2K
SCHOLARSHIP
2024
$2K
SCHOLARSHIP FBO ANDREW
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$865
MATCHING GIFTS
2024
$775
SCHOLARSHIPS
2024
$250
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$125
MATCHING GIFTS
2024
$100
CROSBY MATCHING GIFTS TO EDUCATION
2024
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1.8M
TO FURTHER EDUCATION
2023
$811K
For grant recipient's exempt purposes
2023
$603K
SUB-AWARD
2023
$230K
UNRESTRICTED GENERAL
2023
$215K
SEED PROJECTS GAPONTSEV
2023
$210K
TECH PLANNING
2023
$206K
Research
2023
$191K
UNRESTRICTED GENERAL SUPPORT
2023
$105K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$105K
SUB AWARDS
2023
$85K
SUB-AWARD
2023
$79K
RECOVERING FROM COVID-LEARNING-LOSS WITH A PLATFORM TO SUPPORT HUMAN TUTORING
2023
$76K
UNRESTRICTED GENERAL
2023
$75K
CONGENITAL HEART DEFECT RESEARCH
2023
$60K
GENERAL SUPPORT
2023
$59K
GENERAL SUPPORT
2023
$53K
GENERAL
2023
$50K
GENERAL OPERATING SUPPORT
2023
$50K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$50K
UNRESTRICTED GENERAL
2023
$50K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2023
$44K
EDUCATION/RESEARCH
2023
$40K
SCHOLARSHIP FUND
2023
$40K
CHILD HEALTH RESEARCH AWARD - ROLE OF HETEROTRIMERIC G PROTEINS IN CILIA ASSEMBLY AND PATHOGENESIS OF NEURODEVELOPMENTAL DISORDERS
2023
$35K
EMBEDDING EM INSTITUTIONALLY
2023
$25K
CHARITABLE GIFT
2023
$25K
MUSIC EDUCATION
2023
$21K
SCHOLARSHIP
2023
$19K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$17K
Scholarships for Habiba Haji ($6,250), Joana Ripa ($5,000), and Jane Tang ($5,700)
2023
$17K
UNRESTRICTED GENERAL
2023
$14K
SCHOLARSHIPS
2023
$12K
RESEARCH
2023
$11K
SCHOLARSHIPS
2023
$10K
SCHOLARSHIP
2023
$8K
INVESTIGATING DIFFUSION AND TRANSPORT AT THE MICROSCALE
2023
$8K
TO SUPPORT STUDENTS AND PROGRAMS
2023
$8K
SCHOLARSHIP/WOLFE, ALEXANDRA
2023
$7K
COMMUNITY ASSISTANCE
2023
$6K
SCHOLARSHIP PORTION
2023
$6K
TO PROVIDE TUITION ASSISTANCE.
2023
$6K
TENSOR WOMEN & MATH PROGRAM
2023
$5K
COMMUNITY ASSISTANCE
2023
$5K
COMMUNITY ASSISTANCE
2023
$5K
AWARDED TO 1 STUDENTS FOR
2023
$5K
TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3)
2023
$5K
COLLEGE EDUCATION
2023
$5K
GENERAL PURPOSES
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$4K
SCHOLARSHIPS
2023
$4K
EDUCATIONAL PURPOSES
2023
$3K
UNRESTRICTED GENERAL
2023
$3K
SCHOLARSHIPS
2023
$3K
PAYMENT FOR EDUCATIONAL PURPOSES
2023
$3K
PAYMENT FOR EDUCATIONAL PURPOSES
2023
$3K
SCHOLARSHIPS
2023
$3K
For Mass Academy of Math and Science
2023
$3K
COMMUNITY
2023
$3K
STUDENT SCHOLARSHIP AWARDS
2023
$2K
SCHOLARSHIPS
2023
$2K
COMMUNITY ASSISTANCE
2023
$2K
MATCHING GIFTS
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$2K
SCHOLARSHIP
2023
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$900
MATCHING GIFTS
2023
$600
SCHOLARSHIPS
2023
$600
OTHER CIVIC / COMMUNITY
2023
$500
EMPLOYEE GIVING PROGRAM
2023
$500
TO SUPPORT EDUCATIONAL INITIATIVES AND TUITION ASSISTANCE
2023
$500
OTHER CIVIC / COMMUNITY
2023
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$200
OTHER CIVIC / COMMUNITY
2023
$75
PROGRAM/OPERATING SUPPORT
2023
$50
EMPLOYEE GIVING PROGRAM
2023
$50
VOLUNTEER PROGRAM
2023
$950K
SUB-AWARD
2022
$820K
For grant recipient's exempt purposes
2022
$600K
TO FURTHER EDUCATION
2022
$276K
Worcester Polytechnic Institute - Two CBL STEM Graduate Fellowships
2022
$242K
EDUCATION
2022
$175K
Research
2022
$160K
CHILD HEALTH RESEARCH AWARD - ROLE OF HETEROTRIMERIC G PROTEINS IN CILIA ASSEMBLY AND PATHOGENESIS OF NEURODEVELOPMENTAL DISORDERS
2022
$145K
UNRESTRICTED GENERAL SUPPORT
2022
$119K
RESEARCH SUBAWARDS
2022
$111K
EDUCATION/RESEARCH SUBCONTRACTS
2022
$90K
TECHNOLOGY AND INNOVATION
2022
$67K
SUB-AWARD
2022
$64K
Subaward pursuant to our Technology Investment Agreement with the Government
2022
$64K
Subaward pursuant to our Technology Investment Agreement with the Government
2022
$60K
GENERAL
2022
$50K
RESEARCH AWARD
2022
$50K
UNRESTRICTED GENERAL
2022
$50K
RESEARCH GRANT
2022
$48K
FELLOWSHIP
2022
$45K
RECOVERING FROM COVID-LEARNING-LOSS WITH A PLATFORM TO SUPPORT HUMAN TUTORING.
2022
$39K
SUBAWARD
2022
$35K
EMBEDDING EM INSTITUTIONALLY
2022
$33K
GENERAL SUPPORT
2022
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$29K
GRANTS TO HELP FUND AND SUPPORT FACULTY WITH INNOVATIVE IDEAS TO CREATE NEW OR TRANSFORM EXISTING COURSES AND PROGRAMS TO HELP STUDENTS DEVELOP NOVEL, STEM-BASED INVENTIONS AND GAIN THE NECESSARY ENTREPRENEURIAL SKILLS NEEDED TO BRING THESE IDEAS TO MARKET.
2022
$27K
Research Research
2022
$27K
RESEARCH PROJECT
2022
$26K
UNRESTRICTED GENERAL
2022
$25K
MUSIC EDUCATION
2022

Funded by

$29.6M from 229 funders · 528 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$3.8M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$2.9M · 7 grants · 2017–2023

The George I Alden Trust

$2.4M · 2 grants · 2022–2023

Northeastern University

$2.0M · 5 grants · 2019–2023

The Ayco Charitable Foundation

$1.3M · 5 grants · 2019–2024

Florence E Seeley Education Fdtn

$957K · 4 grants · 2018–2024

American Online Giving Foundation Inc

$917K · 6 grants · 2019–2024

Jewish Communal Fund

$833K · 5 grants · 2017–2023

Details

EIN042121659
Subsection03
Ruling date1934-08
Formed1865
Employees4526
Volunteers80
WORCESTER POLYTECHNIC INSTITUTE — Mission, Financials & Grants Received | Grantivo