Yale University

Form 990Tax year 2023EIN 06-0646973501(c)(3)

Filed May 15, 2025 · period ending Jun 30, 2024

IRS record

End-of-year assets

$55,210,972,740

Net assets $45,197,216,474

Total revenue

$6,841,256,079

Expenses $6,197,071,259

Officer compensation

$15,481,788

42 listed · 24 paid

Contractors listed

458 paid over $100K

Organization

Legal name: Yale University
Website: www.yale.edu
Principal officer: —
Phone: 2034325530
Formed: 1701
State of domicile: CT
Employees: 34,705
Volunteers: 15,000
Address: PO Box 208239 · New Haven, CT, 065208239
Mission: TO IMPROVE THE WORLD THROUGH RESEARCH, SCHOLARSHIP, EDUCATION, PRESERVATION, AND PRACTICE.

Financial activity

Contributions$1,419,967,393

Program service revenue$2,982,357,785

Investment income$2,379,740,354

Total revenue$6,841,256,079

Grants paid$800,884,314

Salaries and benefits$3,345,923,969

Officer compensation$15,481,788

Total expenses$6,197,071,259

Investment management fees$265,662,827

Legal fees$17,926,633

Accounting fees$1,222,304

Other fees for services$400,992,427

Beginning assets$54,308,947,172

Ending assets$55,210,972,740

Liabilities$10,013,756,266

Net assets$45,197,216,474

Publicly traded securities$4,544,079,686

Other securities$41,070,820,353

Officers, directors and key employees

Compensation by person

Matthew S T Mendelsohn$4M
Peter Salovey$2M
Timothy R Sullivan$2M
Alex Hetherington$2M
John Ricotta$2M
Murat Gunel$2M
Amelia Chivetta$2M
Other (17 more)$13M

Independent contractors

Compensation by contractor

HHLR Advisors LTD$203M
THE WHITING-TURNER CONTRACTING COMPANY$111M
GILBANE BUILDING COMPANY$30M
DIMEO CONSTRUCTION COMPANY$29M
TURNER CONSTRUCTION COMPANY$26M

Part VII Section B · highest paid

Independent contractors

Contractor	Services	Location	Compensation
HHLR Advisors LTD	Investment Management Services	George Town, Grand Cayman	$203,292,127
THE WHITING-TURNER CONTRACTING COMPANY	construction & related services	Baltimore, MD	$111,405,435
GILBANE BUILDING COMPANY	CONSTRUCTION & RELATED SERVICES	Providence, RI	$29,945,820
DIMEO CONSTRUCTION COMPANY	CONSTRUCTION & RELATED SERVICES	PROVIDENCE, RI	$28,599,341
TURNER CONSTRUCTION COMPANY	CONSTRUCTION & RELATED SERVICES	New York, NY	$25,723,586

Part VII Section A

Officers, directors and key employees

Name	Role	Hours / week	Compensation	From related orgs	Other
Peter SaloveyTrustee & President	Trustee or directorOfficer	50	$2,335,529	$0	$117,813
Ann Miura-KoTrustee	Trustee or director	5	$0	$0	$0
Carlos R MorenoTrustee	Trustee or director	5	$0	$0	$0
Catharine B HillTrustee	Trustee or director	5	$0	$0	$0
David A ThomasTrustee	Trustee or director	5	$0	$0	$0
David SzeTrustee	Trustee or director	5	$0	$0	$0
Edward Miner Ned Lamont JrTrustee (ex-officio)	Trustee or director	0	$0	$0	$0
Fred KruppTrustee	Trustee or director	5	$0	$0	$0
Gina R BoswellTrustee	Trustee or director	5	$0	$0	$0
Joshua BekensteinTrustee	Trustee or director	5	$0	$0	$0
Joshua L SteinerTrustee	Trustee or director	5	$0	$0	$0
Marta L TelladoTrustee	Trustee or director	5	$0	$0	$0
Maryana IskanderTrustee	Trustee or director	5	$0	$0	$0
Maurie McInnisTrustee (through 5/29/24)	Trustee or director	5	$0	$0	$0
Michael J CavanaghTrustee	Trustee or director	5	$0	$0	$0
Michael WarrenTrustee	Trustee or director	5	$0	$0	$0
Neal S WolinTrustee	Trustee or director	5	$0	$0	$0
Susan BysiewiczTrustee (ex-officio)	Trustee or director	0	$0	$0	$0
William E KennardTrustee	Trustee or director	5	$0	$0	$0
Alexander E DreierSr VP for Institutional Affairs	Officer	50	$881,218	$0	$108,059
Jack F Callahan JrSr VP for Operations	Officer	50	$828,950	$0	$84,427
Jack Michael BellamyVP for Facilities, Campus Development & Sustainability	Officer	50	$663,536	$0	$42,354
Joan E O'NeillVP for Alumni Affairs & Development	Officer	50	$817,363	$0	$75,238
John BardenVP for Technology and Campus Services	Officer	50	$472,613	$0	$75,028
John WhelanVP for HR	Officer	50	$435,377	$0	$76,436
Kimberly M Goff-CrewsSecretary & VP for University Life	Officer	50	$530,671	$0	$50,442
Renee KopkowskiVP for Communications	Officer	50	$393,137	$0	$59,708
Scott A StrobelProvost	Officer	50	$887,887	$0	$64,463
Stephen C MurphyVP for Finance & CFO	Officer	50	$596,624	$0	$146,769
Matthew S T MendelsohnChief Investment Officer	Key employee	50	$2,320,131	$0	$2,122,959
Nancy J BrownDean, School of Medicine	Key employee	50	$1,130,957	$0	$58,325
Alex HetheringtonManaging Director, Investments	Highest compensated	50	$1,772,887	$0	$72,967
Amelia ChivettaManaging Director, Investments	Highest compensated	50	$1,671,148	$0	$51,966
John RicottaManaging Director, Investments	Highest compensated	50	$1,703,069	$0	$75,217
Murat GunelChair, Neurosurgery	Highest compensated	50	$1,683,353	$0	$87,625
Timothy R SullivanSr Director of Private Equity	Highest compensated	50	$2,057,602	$0	$78,399
Alexander C BankerFormer Director of Investments	Former	50	$1,607,501	$0	$79,575
Benjamin PolakFormer Provost	Former	50	$496,033	$0	$63,802
Dean J TakahashiFormer Sr Director, Investments	Former	50	$540,712	$0	$52,974
Karen PeartFormer Interim VP for Communications	Former	50	$238,586	$0	$38,803
Pericles LewisFormer VP for Global Strategy	Former	50	$539,793	$0	$127,151
Robert J AlpernFormer Dean, School of Medicine	Former	50	$344,409	$0	$39,793