University of Chicago

Filing Period

Jul 1, 2012 to Jun 30, 2013

Signed

May 12, 2014

Return Version

2012v2.1

Gross Receipts

$4,527,982,241

Mission

Major Activities

Activity 2

University of chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2012-2013 the university was awarded a total of $449.8 million in research funding from federal agencies, non-federal government entities, corporations, foundations and other sources. This fiscal year $330.7 million was expended from federal government sponsors of research, with the u.s. Department of health and human services and the natl science fdn providing the largest amounts of funding. Foundation research sponsorship awards totaled $54.6 million, followed by corporate research sponsorship of $48.3 million.the university also conducts scientific research in collaboration with argonne national laboratory, owned by the united states government and operated by the university through a disregarded entity, under the terms of a cost reimbursement contract with the u.s. Department of energy. Argonne is a multi-purpose science laboratory with a $769.7 million annual budget and approximately 3900 employees. Argonne program service research expenditures were $538.7 million and are included in the research program service expense amount, as is required for a disregarded entity.in addition, fermi research alliance, llc, an entity jointly owned by the university and universities research association inc., operates fermi national accelerator laboratory ("fermilab") for the u.s. Department of energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $420 million annual budget and over 1700 employees.

Activity 3

Scholarships & fellowships:the university is a need blind institution with an extensive financial aid program which is designed to enable the most qualified students to attend the university regardless of their financial circumstances. For the 2012-2013 academic year, approximately 58 percent of all students in the college received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $310.0 million. Of this amount, approximately $232.6 million was provided from unrestricted funds; the remaining $77.4 million came from restricted sources. More than eleven hundred students in the college (the university's undergraduate college) currently receive odyssey scholarships. The odyssey scholarships provide increased access for low-income and moderate-income students by eliminating loans for those with family income below $75,000 and reducing loan indebtedness for many others. The university expanded its graduate aid initiative, a program that invests approximately $310,000 in the education of each ph.d. Student in the humanities, social sciences and divinity school. These programs are in addition to the university's longstanding commitment to financial assistance for students.

Filer

EIN

36-2177139