The Administrators of the Tulane Educational Fund
Also known as Tulane University
The Administrators of the Tulane Educational Fund reported $1.94 billion in revenue and $1.76 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.12 went to program services, $11.89 to management and general costs and $1.99 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.1% of the total. Government grants made up 10.3%. The highest compensation it reported for one person was $3,081,000 (Head Football Coach). 1,495 people received more than $100,000 in reportable compensation. Revenue rose 44% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.76BFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $1.94BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 19.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 10.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 69.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $3,081,000 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.18% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1,495 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 32 of 38 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHigher Education: Operation of a Private University: This category includes expenditures for all activities that are part of the institutions instruction program. Expenditures for credit and non-credit courses, for academic, occupational, and vocational instruction and for regular, special and extended sessions are included. The instruction program encompasses 14,664 students participating in undergraduate, graduate, and professional degree programs in the fields of liberal arts, science and engineering, architecture, business, law, social work, medicine and public health and tropical…
Higher Education: Public Service: This category includes all expenditures for the public service component of the academic mission of the university. Public service is a core requirement of the undergraduate curriculum. Note that some of the sponsored activities included in the Organized Research achievement could also be described as Public Service. These include the operation of medical and law clinics that serve the underprivileged, and certain development work overseas. (14,664 students)
Higher Education: Organized Research: This category includes all expenditures for all activities that are part of the university's research program, which includes activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution. Subject to those conditions, it includes expenditures for individual and/or project research as well as those of institutes and research centers (over 1,000 Federal and State awards)
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Head Football Coach Highest compensated employee, 40 hrs/week | $3,017,000 | $0 | $64,000 | $3,081,000 |
| President Director/trustee, officer, 40 hrs/week | $2,460,000 | $0 | $391,000 | $2,851,000 |
| Chief Investment Officer Key employee, 40 hrs/week | $1,717,000 | $0 | $288,000 | $2,005,000 |
| Physician Highest compensated employee, 40 hrs/week | $1,393,000 | $0 | $64,000 | $1,457,000 |
| COO and Treasurer of the University Officer, 40 hrs/week | $1,032,000 | $0 | $319,000 | $1,351,000 |
| Head Basketball Coach Highest compensated employee, 40 hrs/week | $1,292,000 | $0 | $56,000 | $1,348,000 |
| Physician Highest compensated employee, 40 hrs/week | $1,250,000 | $0 | $52,000 | $1,302,000 |
| Associate Professor of Surgery Highest compensated employee, 40 hrs/week | $1,139,000 | $0 | $22,000 | $1,161,000 |
1,495 people received more than $100,000 in reportable compensation from The Administrators of the Tulane Educational Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b38 · 32 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 512,533
- Volunteers Part I, line 6150
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Broadmoor LLC General Construction | $74,662,000 |
| Bernhard MCC LLC General Construction and Contracting Services | $38,175,000 |
| Servpro of Metairie Kenner General Construction | $12,866,000 |
| Donahue Favret Contractors INC General Construction | $8,878,000 |
| Allied Universal Security Services Security Services | $6,408,000 |
Individuals listed as contractors are left out. 221 contractors were paid more than $100,000 in all.
Private foundation grants it received
191 private foundations reported grants to The Administrators of the Tulane Educational Fund totaling $22M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Administrators of the Tulane Educational Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Administrators of the Tulane Educational Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Administrators of the Tulane Educational Fund spent in FY2025, $86.12 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Liberty UniversityLynchburg, VA · revenue $1.94B · programs 84.9% · FY2025
- Banner-University Family CarePhoenix, AZ · revenue $1.96B · programs 90.5% · 2024
- The Research Foundation for The State University of New YorkAlbany, NY · revenue $1.86B · programs 82.9% · FY2025
- Syracuse UniversitySyracuse, NY · revenue $1.97B · programs 95.1% · FY2025
- Trustees of Boston CollegeChestnut Hill, MA · revenue $1.84B · programs 86.1% · FY2025
Questions people ask
How much of The Administrators of the Tulane Educational Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, The Administrators of the Tulane Educational Fund reported that 86.1% of its $1.76 billion in expenses went to program services, 11.9% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does The Administrators of the Tulane Educational Fund pay its top executive?
The largest total compensation The Administrators of the Tulane Educational Fund reported for one person in the fiscal year ending June 30, 2025 was $3,081,000, for the role of Head Football Coach (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Administrators of the Tulane Educational Fund get its money?
Of $1.94 billion in revenue in the fiscal year ending June 30, 2025, 19.4% came from contributions and grants (including 10.3% from government grants) and 69.1% from program service revenue (Form 990, Part VIII).
Is The Administrators of the Tulane Educational Fund a registered charity?
The IRS lists EIN 72-0423889 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349303230 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349304292 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349309925 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349304011 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349301116 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131669349301683 · read the filing
All filings for EIN 72-0423889: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.