Massachusetts · Nonprofit
ASSUMPTION UNIVERSITY
ASSUMPTION UNIVERSITY (Massachusetts) receives grants from 139 organizations whose IRS filings report $10,105,348 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,291,930). 71 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $129M
- Funders on record
- 139
- Grants received
- $10M
- Net assets
- $192M
What Assumption University does
Mission
Assumption University is a comprehensive, catholic liberal arts institution sponsored by the augustinians of the assumption. We awaken in students a sense of wonder, discovery, and purpose, forming graduates known for their intellectual seriousness, thoughtful citizenship, and devotion to the common good. Our curricular and co-curricular programs provide students with an education that shapes their souls, forms them intellectually, and prepares them for meaningful careers. We are a diverse community that welcomes different points of view and embraces all who share our mission. Enlivened by the catholic affirmation of the harmony of faith and reason, and by the pursuit of the truth in the company of friends, an assumption education transforms the mind and hearts of students.
As stated on its FY2025 Form 990.
Programs
Higher education: offers comprehensive college degree programs at both the undergraduate and graduate level. In fiscal year 2025, a total of 370 undergraduate degrees, 151 graduate degrees and 25 certificates were awarded.
$109,660,514 spentof which $57,762,969 as grants$92,234,542 earned by the program85% of program spendingAuxiliary enterprises: provided campus housing to approximately 1,500 undergraduate students. Provided board and books to approximately 1,800 students.
$19,218,455 spent$20,597,360 earned by the program15% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $128,878,969.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $264M to $249M (−6%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 3% · 2018 3% · 2019 3% · 2021 8% · 2022 11% · 2023 5% · 2024 4% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.
7% of ASSUMPTION UNIVERSITY’s revenue is contributions — about as donation-reliant as the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Candace A Race
Chair of the board
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 26 funders to 39 funders, grant income rose $631k → $675k.
18 of 139 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ASSUMPTION UNIVERSITY’s funders (the co-funder graph). Top 30 of 139 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASSUMPTION UNIVERSITY leans on a few funders — its largest provides 42% of grant income and the top three 56%; half comes from just 3 funders.
the vertical line marks half of all grant income — 3 funders to its left
63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASSUMPTION UNIVERSITY.
Largest funder’s share by year: 2017 63% · 2018 32% · 2019 26% · 2020 66% · 2021 37% · 2022 54% · 2023 30% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of ASSUMPTION UNIVERSITY's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
58% of ASSUMPTION UNIVERSITY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4.2M that is directly attributable, 60% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.9M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ASSUMPTION UNIVERSITY receives grants from 139 organizations whose IRS filings report $10M to it.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding ASSUMPTION UNIVERSITY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14.1M on record — $10.4M federal, $3.7M state.
- Department of Education$9.8M
- National Science Foundation$551k
- Department of Justice$5k
- MA$3.4M
- VT$223k
- CT$52k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ASSUMPTION UNIVERSITY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Charitable Remainder Trust (1) · corp_trust
- Charitable Remainder Trust (1) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for ASSUMPTION UNIVERSITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASSUMPTION UNIVERSITY?
- ASSUMPTION UNIVERSITY (Massachusetts) receives grants from 139 organizations whose IRS filings report $10,105,348 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,291,930). 71 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ASSUMPTION UNIVERSITY have?
- IRS filings report 139 organizations giving $10,105,348 in grants to ASSUMPTION UNIVERSITY, 71 of which have funded it in more than one year.
- Who is the largest funder of ASSUMPTION UNIVERSITY?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $4,291,930 in grants. The full list of funders is on this page.
- How can an organization like ASSUMPTION UNIVERSITY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 139 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing