Georgia · Nonprofit
Emory University
Emory University (Georgia) receives grants from 989 organizations whose IRS filings report $1,069,723,419 to it, the largest being GATES FOUNDATION ($242,016,210). 565 of them have funded it in more than one year.
- Revenue FY2024
- $7.3B
- Funders on record
- 989
- Grants received
- $1.1B
- Net assets
- $16.0B
What Emory University does
Mission
Emory University's mission is to create, preserve, teach, and apply knowledge in the service of humanity. (See Schedule O for continuation)
As stated on its FY2024 Form 990.
Programs
EMORY UNIVERSITY ("Emory "University") Emory University is a major research university that is privately endowed, coeducational and not-for-profit. With its nine colleges and schools, the University attracts top quality students from across the nation and abroad and has a current total enrollment of approximately 15,000 students. The University is a member of the Association of American Universities. In U.S. News and World Report's annual ranking of "America's Best Colleges" Emory ranked 24th in 2025 among national universities and has consistently been included in its top 25 list since 1992. Emory also ranks in the top 25 schools for U.S. News and World Report's "best value schools." In addition Emory was named a "best value college" by the Princeton Review. The University includes one of the nation's leading research and patient-care medical complexes, the Robert W. Woodruff Health Sciences Center. The Center includes the Emory University School of Medicine, Nell Hodgson Woodruff School of Nursing, Rollins School of Public Health, and Emory National Primate Research Center. Among the many other centers for specialized research and study at Emory are the Winship Cancer Institute;…
$3,002,518,945 spentof which $586,214,166 as grants$1,398,318,799 earned by the program45% of program spendingEMORY UNIVERSITY HOSPITAL MIDTOWN Since 1908, Emory University Hospital Midtown has been an Atlanta teaching hospital offering a myriad of patient care, education and research initiatives. In 2025, Emory University Hospital Midtown was ranked nationally by U.S. News & World Report in Gastroenterology & GI Surgery, Geriatirics and Pulmonolgy & Lung Surgery. It was ranked fifth in Georgia and fourth in metro Atlanta rankings. The Hospital provides advanced services such as cardiology, oncology, and radiology as well as more traditional services such as obstetrics, with both routine and intensive care nurseries, as well as provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. Emory University Hospital Midtown has 529 licensed beds and more than 1,200 licensed physicians on staff. The current community benefits report is published at https://www.emoryhealthcare.org/community.
$2,036,064,428 spent$2,600,808,666 earned by the program30% of program spendingEMORY UNIVERSITY HOSPITAL Emory University Hospital is a teaching and research facility providing tertiary and quaternary care services, particularly cardiology, cardiac surgery, oncology, neurosciences, multiple organ and tissue transplantation, orthopaedics, geriatrics and endocrinology. In 2025, Emory University Hospital was ranked as the number one hospital in metro Atlanta and in the state of Georgia by U.S. News and World Report for the twelfth year in a row. Emory University Hospital was also recognized in 2025 as one of the nation's top hospitals by the National Research Corporation's Consumer Loyalty awards for 24 of the past 25 years. Emory University Hospital provides integrated patient care with teaching and clinical research by physicians who are university faculty as well as provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. The Hospital has 871 licensed beds, of which 120 are located at Emory University Orthopaedics and Spine Hospital and 82 are located at Wesley Woods, and more than 1,300 licensed physicians…
$1,699,367,225 spent$2,060,166,099 earned by the program25% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,737,950,598.
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 2020 to 2021, from $16.8B to $20.3B (+21%).
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 15% · 2018 14% · 2019 14% · 2020 14% · 2021 14% · 2022 13% · 2023 15% · 2024 14%. Grants only. Government contracts and fees sit inside program revenue.
16% of Emory University’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
Who funds it, year by year
2017 → 2023: the base broadened from 237 funders to 386 funders, grant income rose $101M → $163M.
69 of 989 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $914M from 90 payers (the payer shares this organization's board, largest Robert W Woodruff Health Sciences Center Fund Inc). These are real filings, and they are not money Emory University raised.
From the IRS filings of Emory University’s funders (the co-funder graph). Top 30 of 989 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
Emory University has a broad base — no single funder exceeds 23% of grant income, and it takes 10 funders to reach half.
the vertical line marks half of all grant income — 10 funders to its left
47% 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 Emory University.
Largest funder’s share by year: 2017 30% · 2018 31% · 2019 39% · 2020 33% · 2021 25% · 2022 22% · 2023 22% — 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
44% of Emory University's funders are still giving 3 years after their first grant; 57% 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
Emory University draws 72% of its grant income from funders outside Georgia, across 44 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $106M arriving through sponsors registered in 28 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
Emory University holds deeper cash reserves than three-quarters of the 696 education nonprofits its size.
this organization peer median middle 50% of peers· 696 education nonprofits over $100M, FY2024
Government funding Emory University receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.5B on record.
- Department of Health and Human Services$5.2B
- National Science Foundation$145.4M
- Department of Defense$101.5M
- Department of Education$41.2M
- Department of Energy$21.7M
- Department of Veterans Affairs$10.1M
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 Emory 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 Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 12 states
Part of a family of 58 related entities
- Goizueta Business School Student Invest · disregarded
- Goizueta Business School Real Estate · disregarded
- Emory University Student Health Counsel · disregarded
- Emory Integrated Health Services LLC · disregarded
- Euep LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for Emory 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 Emory University?
- Emory University (Georgia) receives grants from 989 organizations whose IRS filings report $1,069,723,419 to it, the largest being GATES FOUNDATION ($242,016,210). 565 of them have funded it in more than one year.
- How many funders does Emory University have?
- IRS filings report 989 organizations giving $1,069,723,419 in grants to Emory University, 565 of which have funded it in more than one year.
- Who is the largest funder of Emory University?
- GATES FOUNDATION is the largest funder on record, with $242,016,210 in grants. The full list of funders is on this page.
- How can an organization like Emory University find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. 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 FY2024 (financials across 2017–2024), and the filings of 989 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