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Georgia · Nonprofit

Emory University

Emory University (Georgia) receives grants from 961 organizations whose IRS filings report $1,043,976,906 to it, the largest being GATES FOUNDATION ($242,016,210). 556 of them have funded it in more than one year.

$7.3B
Revenue FY2024
961
Funders on record
$1.0B
Grants received
$16.0B
Net assets
556/961 repeat funderspeak grant-dependency 3%

Against its field

Emory University holds deeper cash reserves than three-quarters of the 696 education nonprofits its size.

Operating margin9% · above the median
Months of reserve5.7mo · top quartile
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 696 education nonprofits over $100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($4.1B) Expenses 100 ($3.7B) Net assets 100 ($9.0B)2018 Revenue 111 ($4.5B) Expenses 109 ($4.0B) Net assets 111 ($10.0B)2019 Revenue 117 ($4.7B) Expenses 118 ($4.4B) Net assets 118 ($10.6B)2020 Revenue 117 ($4.8B) Expenses 123 ($4.6B) Net assets 127 ($11.5B)2021 Revenue 136 ($5.5B) Expenses 134 ($5.0B) Net assets 162 ($14.6B)2022 Revenue 157 ($6.4B) Expenses 146 ($5.5B) Net assets 159 ($14.3B)2023 Revenue 155 ($6.3B) Expenses 162 ($6.0B) Net assets 163 ($14.7B)2024 Revenue 180 ($7.3B) Expenses 178 ($6.6B) Net assets 177 ($16.0B)
'17'18'19'20'21'22'23'24
Revenue (180)Expenses (178)Net assets (177)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

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).

This organization
Typical peer · 729 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$338M
17
$483M
18
$359M
19
$175M
20
$549M
21
$911M
22
$288M
23
$669M
24
5.7
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 237 funders to 386 funders, grant income rose $101M → $163M.

66 of 961 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: $912M 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 961 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.

23%
largest funder
34%
top three
~15
effective funders

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

45% of Emory University's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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 45 states in all.

AK
ME
VT
NH
WA
MT
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
VA
MD
DE
AZ
KS
AR
TN
NC
SC
DC
OK
LA
MS
AL
GA
TX
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Georgia out of state home

Funder states come from each funder’s own filing. $106M arriving through sponsors registered in 28 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 961 funders put you well-backed among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

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.

Federal$5.5B
grants $5.2Bcontracts $320.7M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • 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

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 6%Fundraising 1%

Governance

39
board members
92%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

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

NH
MN
MI
NY
MA
OR
PA
NJ
VA
MD
SC
GA

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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. 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 961 organizations whose IRS filings report $1,043,976,906 to it, the largest being GATES FOUNDATION ($242,016,210). 556 of them have funded it in more than one year.
How many funders does Emory University have?
IRS filings report 961 organizations giving $1,043,976,906 in grants to Emory University, 556 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 961funders 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 August 27, 2026. What this page cannot tell you · view filing