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New York · Nonprofit

UNION THEOLOGICAL SEMINARY

UNION THEOLOGICAL SEMINARY (New York) receives grants from 140 organizations whose IRS filings report $50,195,710 to it, the largest being LILLY ENDOWMENT INC ($14,876,882). 65 of them have funded it in more than one year.

Revenue FY2025
$28M
Funders on record
140
Grants received
$50M
Net assets
$197M
65/140 repeat funderspeak grant-dependency 26%
01What it does

What Union Theological Seminary does

Mission

The mission of Union Theological Seminary, an independent, multi-denominational seminary in the city of new york, derives from a christian heritage that is at once progressive and evangelistic: to educate leaders for ministry in churches and related organizations, to extend the work of social justice and to enrich the academy through teaching and research.

As stated on its FY2025 Form 990.

Program

  1. Provide graduate degree and non-degree programs to more than 265 full-time and part-time students

    $23,325,738 spentof which $4,416,452 as grants$9,550,502 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $23,325,738.

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 ($19M) Expenses 100 ($24M) Net assets 100 ($109M)2018 Revenue 124 ($23M) Expenses 115 ($27M) Net assets 99 ($108M)2019 Revenue 139 ($26M) Expenses 127 ($30M) Net assets 97 ($106M)2020 Revenue 451 ($84M) Expenses 128 ($30M) Net assets 146 ($158M)2021 Revenue 195 ($36M) Expenses 123 ($29M) Net assets 175 ($190M)2022 Revenue 209 ($39M) Expenses 160 ($38M) Net assets 150 ($163M)2023 Revenue 251 ($47M) Expenses 164 ($39M) Net assets 169 ($183M)2024 Revenue 210 ($39M) Expenses 146 ($35M) Net assets 177 ($192M)2025 Revenue 149 ($28M) Expenses 139 ($33M) Net assets 182 ($197M)
'17'18'19'20'21'22'23'24'25
Revenue (149)Expenses (139)Net assets (182)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 2019 to 2020, from $161M to $221M (+37%).

$124M
$128M
$161M
$221M
$239M
$206M
$218M
$224M
$229M
'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 0% · 2018 0% · 2020 0% · 2021 6% · 2022 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

43% of UNION THEOLOGICAL SEMINARY’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$5.2M
’17
−$4.4M
’18
−$4.4M
’19
$53M
’20
$7.1M
’21
$817k
’22
$7.7M
’23
$4.5M
’24
−$5.2M
’25
3.0
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.

Board chair

Clifford Hudson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed343739323437394140
Joined·+9+7+2+6+11+16+11+8
No longer listed·659481499
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 20 funders to 47 funders, grant income fell $4.9M → $4.6M.

35 of 140 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% 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 UNION THEOLOGICAL SEMINARY’s funders (the co-funder graph). Top 30 of 140 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

UNION THEOLOGICAL SEMINARY has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

30%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2017 68% · 2018 31% · 2019 27% · 2020 50% · 2021 27% · 2022 67% · 2023 27% — 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

38% of UNION THEOLOGICAL SEMINARY's funders are still giving 3 years after their first grant; 46% 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

UNION THEOLOGICAL SEMINARY draws 73% of its grant income from funders outside New York, across 28 states in all.

VT
IL
WI
MI
NY
MA
NV
IA
IN
OH
PA
NJ
CT
CA
UT
MO
VA
MD
DE
NM
TN
NC
DC
LA
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $9.0M arriving through sponsors registered in 17 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

UNION THEOLOGICAL SEMINARY's revenue grew 49% between 2017 and 2025.

Operating margin−19% · bottom quartile
Months of reserve3.0mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding UNION THEOLOGICAL SEMINARY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $39k on record.

State$39k
19
20
21
Top programs
  • Voc. Training-Blind Persons$39k

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 UNION THEOLOGICAL SEMINARY

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 New York

Nationally

05Profile & governance

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

Where the money goes

71% of spending goes to programs.

Program 71%Management 25%Fundraising 4%

Governance

26
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for UNION THEOLOGICAL SEMINARY: 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 UNION THEOLOGICAL SEMINARY?
UNION THEOLOGICAL SEMINARY (New York) receives grants from 140 organizations whose IRS filings report $50,195,710 to it, the largest being LILLY ENDOWMENT INC ($14,876,882). 65 of them have funded it in more than one year.
How many funders does UNION THEOLOGICAL SEMINARY have?
IRS filings report 140 organizations giving $50,195,710 in grants to UNION THEOLOGICAL SEMINARY, 65 of which have funded it in more than one year.
Who is the largest funder of UNION THEOLOGICAL SEMINARY?
LILLY ENDOWMENT INC is the largest funder on record, with $14,876,882 in grants. The full list of funders is on this page.
How can an organization like UNION THEOLOGICAL SEMINARY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 140 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 14, 2026. What this page cannot tell you · view filing