EIN 74-1159753

Baylor University (BU)

IRS 501(c) type
501(c)(3)
Num. employees
10,652
City
State
Year formed
1845
Most recent tax filings
2023-05-01
Description
Baylor University in Waco, Texas, is a private Christian university and a nationally ranked research institution. Baylor University provides a vibrant campus community for more than 16,000 students.
Total revenues
$1,454,111,582
2023
Total expenses
$1,287,015,356
2023
Total assets
$4,003,330,584
2023
Num. employees
10,652
2023

Program areas at BU

Instruction: Baylor University stands as one of the premier institutions of higher education in the world. Chartered in 1845 by the Republic of Texas and affiliated with the Baptist General Convention of Texas, the University is the oldest continuously operating institution of higher learning in the State of Texas. As part of fulfilling Baylor's mission of instructing and educating men and women for worldwide leadership and service, Baylor pursues initiatives such as lower student-faculty ratio (16:1), smaller class size (average class size is 28), research opportunities for undergraduates, and great facilities for learning and living. Baylor's more than 20,000 students typically come from all 50 states, the District of Columbia, and over 100 countries around the world. The University offers 126 baccalaureate, 80 master's, 47 doctoral, numerous online graduate professional programs, the education specialist and the juris doctor degree programs through 12 academic units. The University also equips students with both knowledge and experience to pursue God's call to ministry by offering 3 master degrees and 2 doctorate degrees through Truett Seminary. Additionally, the University conducts graduate programs with the U.S. Army at several U.S. Army locations across the United States. Students find the best of a large university through exceptional breadth and depth of programs along with extraordinary personal attention for the individual student. Baylor students garner competitive scholarships such as Fulbright, Truman, Goldwater, Rotary, Critical Language, and National Science Foundation Graduate Fellowships. More than 90% of Baylor undergraduate students receive financial assistance. Named eleven times by The Chronicle of Higher Education as a "Great College to Work For", Baylor consistently ranks in the top 100 national doctoral granting universities by U.S. News & World Report, as a "Best Buy" by The Fiske Guide to Colleges, and a "Best Value" by Kiplinger's Personal Finance.
Academic Support: Baylor university provides academic support services for the primary missions of instruction, as well as research and public service activities. Academic support services include areas such as libraries, technology support, museums and services that directly assist instructional activities.
Student Services: Baylor university's student services and activities contribute to students' spiritual, social and physical well-being. Student services and activities include areas such as career guidance, job placement upon graduation, enrollment management, student financial aid, student activities, student organizations, intramurals, health center, Beauchamp addiction recovery center, and intercollegiate athletics.
Research, Public Service and Auxiliaries: Other program service areas include research activities, public service activities and auxiliary enterprises operated by the university. Research activity includes grants and contracts to conduct sponsored research, primarily in five key initiatives: health; data sciences; materials science; human flourishing, leadership, and ethics; and Latin America. Public service includes activities which primarily benefit individuals and organizations external to the university. Auxiliary enterprises are comprised generally of the following items: residence halls, dining services, bookstore, rental properties and vending services.

Grants made by BU

GranteeGrant descriptionAmount
Pepsico FoundationSubcontract - Public Service$891,078
Urban InstituteSubcontract - Public Service$459,806
Harvard UniversitySubcontract - Research$437,381
...and 34 more grants made totalling $3,392,977

Who funds Baylor University (BU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Big Twelve ConferenceAnnual Distribution$43,072,005
The Sunderland FoundationRenovate and Restore Tidwell Bible Building$3,000,000
Soma FoundationFinancial Support$2,700,000
...and 246 more grants received totalling $78,417,817

Personnel at BU

NameTitleCompensation
David MoreheadChief Investment Officer$1,199,109
Jason CookVice President for Marketing and Communications and Chief Marketing Officer$437,686
Tiffany HogueSpecial Advisor To the President for Equity and Campus Engagement$253,111
Cheryl GochisBoard Member$330,913
Brett DaltonChief Business Officer$586,104
...and 29 more key personnel

Financials for BU

RevenuesFYE 05/2023
Total grants, contributions, etc.$168,028,590
Program services$1,169,082,158
Investment income and dividends$101,726,620
Tax-exempt bond proceeds$0
Royalty revenue$5,767,555
Net rental income$4,106,014
Net gain from sale of non-inventory assets$5,435,912
Net income from fundraising events$-35,267
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,454,111,582

Form 990s for BU

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-09990View PDF
2022-052023-04-07990View PDF
2021-052022-03-29990View PDF
2020-052021-04-15990View PDF
2019-052021-01-27990View PDF
...and 10 more Form 990s

Organizations like BU

OrganizationLocationRevenue
Georgetown UniversityWashington, DC$1,922,844,840
Dartmouth CollegeHanover, NH$1,603,346,438
Harvard UniversityCambridge, MA$6,051,934,438
University of Notre DameNotre Dame, IN$2,590,868,335
Duke UniversityDurham, NC$3,747,197,275
Liberty UniversityLynchburg, VA$1,565,676,548
Loyola University Chicago (LUC)Chicago, IL$992,738,428
Fordham UniversityBronx, NY$1,017,256,067
American University (AU)Washington, DC$933,862,010
Drexel UniversityPhiladelphia, PA$1,412,910,056
Data update history
August 25, 2024
Received grants
Identified 77 new grant, including a grant for $43,072,005 from Big Twelve Conference
August 20, 2024
Updated personnel
Identified 1 new personnel
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $250,000 from The Elliston Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousMembershipsPolitical advocacyOperates donor advised fundsLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1 Bear Pl 97043
Waco, TX 76798
Metro area
Waco, TX
County
McLennan County, TX
Website URL
baylor.edu/ 
Phone
(800) 229-5678
Facebook page
BaylorUniversity1845 
Twitter profile
@baylor 
IRS details
EIN
74-1159753
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1845
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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