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Washington · Nonprofit

THE UNIVERSITY OF PUGET SOUND

THE UNIVERSITY OF PUGET SOUND (Washington) receives grants from 188 organizations whose IRS filings report $30,959,161 to it, the largest being TOM AND MEG NAMES FAMILY FDN ($3,672,142). 132 of them have funded it in more than one year.

Revenue FY2025
$146M
Funders on record
188
Grants received
$31M
Net assets
$671M
132/188 repeat funderspeak grant-dependency 3%
01What it does

What The University of Puget Sound does

Mission

University of puget sound, as a community of learning, maintains a strong commitment to teaching excellence, scholarly engagement, and fruitful student-faculty interaction. The mission of the university is to develop in its students' capacities for (continued on schedule o) critical analysis, aesthetic appreciation, sound judgment, and apt expression that will sustain a lifetime of intellectual curiosity, active inquiry, and reasoned independence. A puget sound education, both academic and cocurricular, encourages a rich knowledge of self and others; an appreciation of commonality and difference; the full, open, and civil discussion of ideas; thoughtful moral discourse; and the integration of learning, preparing the university's graduates to meet the highest tests of democratic citizenship. Such an education seeks to liberate each person's fullest intellectual and human potential to assist in the unfolding of creative and useful lives.

As stated on its FY2025 Form 990.

Program

  1. The only national independent undergraduate liberal arts college in western washington, puget sound serves approximately 1,900 students from 43 states and abroad, providing 1,200 classes in more than 50 major areas of study in the arts, sciences, humanities, and social sciences, including graduate programs in education, occupational therapy, physical therapy, and public health. The college maintains a low student-faculty ratio and places an emphasis on excellence in teaching. An academically rigorous residential college, puget sound offers a full range of services to support the academic experience and student success, including athletics, study abroad, community service, internships, career preparation, and leadership opportunities. Puget sound actively seeks and supports a diversity (see schedule o) of backgrounds and perspectives that inform deep and broad lifelong learning for students, faculty, staff, alumni and the broader community.

    $157,225,755 spentof which $59,098,794 as grants$134,020,209 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $157,225,755.

02The 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 ($167M) Expenses 100 ($166M) Net assets 100 ($525M)2018 Revenue 101 ($169M) Expenses 103 ($171M) Net assets 106 ($557M)2019 Revenue 101 ($169M) Expenses 103 ($172M) Net assets 109 ($571M)2020 Revenue 105 ($176M) Expenses 105 ($174M) Net assets 108 ($567M)2021 Revenue 84 ($141M) Expenses 93 ($155M) Net assets 125 ($655M)2022 Revenue 93 ($155M) Expenses 100 ($166M) Net assets 116 ($610M)2023 Revenue 94 ($157M) Expenses 99 ($165M) Net assets 121 ($637M)2024 Revenue 91 ($152M) Expenses 100 ($167M) Net assets 125 ($658M)2025 Revenue 87 ($146M) Expenses 106 ($176M) Net assets 128 ($671M)
'17'18'19'20'21'22'23'24'25
Revenue (87)Expenses (106)Net assets (128)Peer revenue range

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 $689M to $771M (+12%).

$646M
$675M
$689M
$689M
$771M
$710M
$732M
$750M
$760M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 2% · 2021 4% · 2022 4% · 2023 4% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

7% of THE UNIVERSITY OF PUGET SOUND’s revenue is contributions — more earned-revenue than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

$764k
’17
−$1.3M
’18
−$3.1M
’19
$1.8M
’20
−$14M
’21
−$11M
’22
−$8.0M
’23
−$15M
’24
−$30M
’25
3.7
months of
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.

'17'18'19'20'21'22'23'24'25
Listed474341454547504647
Joined·+9+4+12+7+11+13+14+13
No longer listed·136879101812
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 55 funders to 78 funders, grant income rose $1.7M → $4.5M.

32 of 188 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% 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 THE UNIVERSITY OF PUGET SOUND’s funders (the co-funder graph). Top 30 of 188 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

THE UNIVERSITY OF PUGET SOUND has a broad base — no single funder exceeds 12% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

33% 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 THE UNIVERSITY OF PUGET SOUND.

12%
largest funder
30%
top three
~21
effective funders

Largest funder’s share by year: 2017 19% · 2018 24% · 2019 18% · 2020 15% · 2021 14% · 2022 10% · 2023 32% — growing more concentrated.

“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

47% of THE UNIVERSITY OF PUGET SOUND's funders are still giving 3 years after their first grant; 70% 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

THE UNIVERSITY OF PUGET SOUND draws 74% of its grant income from funders outside Washington, across 29 states in all.

WA
ID
MT
MN
IL
WI
NY
MA
OR
SD
IN
OH
PA
NJ
CT
CA
UT
CO
MO
VA
DE
KS
NC
DC
HI
OK
GA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $8.2M arriving through sponsors registered in 18 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.

04Its place in the field

Against its field

THE UNIVERSITY OF PUGET SOUND holds deeper cash reserves than three-quarters of the 684 education nonprofits its size.

Operating margin−21% · bottom quartile
Months of reserve3.7mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding THE UNIVERSITY OF PUGET SOUND receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.5M on record — $13.5M federal, $19k state.

Federal$13.5M
grants $13.5Mcontracts $0
17
18
19
20
21
22
23
24
Top agencies
  • Department of Education$7.3M
  • National Science Foundation$5.6M
  • Department of Health and Human Services$345k
  • National Endowment for the Humanities$215k
  • Department of State$15k
State$19k
23
24
25
Top programs
  • DISTRIBUTION TO INDIVIDUALS$19k

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 THE UNIVERSITY OF PUGET SOUND

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 Washington

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 2%

Governance

30
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

67%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 8 states

NH
MI
MA
OR
CA
MO
KY
MD

Part of a family of 3 related entities

  • Rainier Heights Holdings LLC · disregarded
  • Northwest Academic Computing Consortium Inc · exempt
  • Charitable Remainder Trusts (8) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for THE UNIVERSITY OF PUGET SOUND: 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.

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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 THE UNIVERSITY OF PUGET SOUND?
THE UNIVERSITY OF PUGET SOUND (Washington) receives grants from 188 organizations whose IRS filings report $30,959,161 to it, the largest being TOM AND MEG NAMES FAMILY FDN ($3,672,142). 132 of them have funded it in more than one year.
How many funders does THE UNIVERSITY OF PUGET SOUND have?
IRS filings report 188 organizations giving $30,959,161 in grants to THE UNIVERSITY OF PUGET SOUND, 132 of which have funded it in more than one year.
Who is the largest funder of THE UNIVERSITY OF PUGET SOUND?
TOM AND MEG NAMES FAMILY FDN is the largest funder on record, with $3,672,142 in grants. The full list of funders is on this page.
How can an organization like THE UNIVERSITY OF PUGET SOUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 188 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