Trustees of the University of Pennsylvania
Trustees of the University of Pennsylvania
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About this organization
Mission
From groundbreaking research to increased opportunities for the best and brightest students, support for Penn advances key priorities—at the University level and for each School and Center—to help us meet the unique challenges of our time.
About
THE UNIVERSITY OF PENNSYLVANIA ("PENN"UNIVERSITY") IS ONE OF THE OLDEST UNIVERSITIES IN THE UNITED STATES. IT TRACES ITS ORIGINS BACK TO A CHARITY SCHOOL FOUNDED IN 1740, WAS CHARTERED AS A COLLEGE IN 1755, AND ON MAY 17, 1757, HELD ITS FIRST COMMENCEMENT, GRADUATING A CLASS OF SEVEN STUDENTS. FROM THESE EARLY AND MODEST BEGINNINGS, PENN HAS GROWN INTO ONE OF THE LEADING RESEARCH AND EDUCATIONAL INSTITUTIONS IN THE UNITED STATES AND IN THE WORLD. PUBLIC SERVICE IS A TOP INSTITUTIONAL PRIORITY FOR PENN. AS SUCH, THE UNIVERSITY AIMS TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR ITS STUDENTS; TO PIONEER RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE; AND TO PROVIDE THE MOST CURRENT AND HIGHEST QUALITY IN PATIENT CARE THROUGH THE UNIVERSITY HEALTH SYSTEM. THE UNIVERSITY IS HOME TO THE UNIVERSITY OF PENNSYLVANIA MUSEUM OF ARCHAEOLOGY AND ANTHROPOLOGY, THE INSTITUTE FOR CONTEMPORARY ART, AND THE ANNENBERG CENTER FOR THE PERFORMING ARTS, ALL OF WHICH CONTRIBUTE VITALLY TO ENRICHING THE CULTURAL LIFE OF PHILADELPHIA. IN ADDITION, THE UNIVERSITY IS AN ACTIVE PARTICIPANT IN THE WEST PHILADELPHIA NEIGHBORHOOD THAT IS ITS HOME. I. EDUCATION PENNS FIRM BELIEF THAT EXCELLENCE AND DIVERSITY GO HAND-IN-HAND IS EVIDENCED BY FY2018S CONCOMITANT INCREASES IN ADMISSIONS SELECTIVITY AND CAMPUS MULTICULTURALISM. OF 44,491 STUDENTS WHO APPLIED, ONLY 3,740, OR 8.4 PERCENT, WERE OFFERED ADMISSION INTO THE CLASS OF 2022. FIFTY-FIVE PERCENT OF THE CLASS IS FEMALE, AND 45 PERCENT IS MALE. THIS EXCEPTIONAL CLASS HAS, AT THE SAME TIME, CONTRIBUTED TO PENNS ONGOING GROWTH IN DIVERSITY: AMONG UNITED STATES CITIZENS AND PERMANENT RESIDENTS AT PENN, 43 PERCENT SELF-IDENTIFY AS STUDENTS OF COLOR, UP FROM 39 PERCENT SIX YEARS BEFORE. FOURTEEN PERCENT OF STUDENTS IDENTIFY AS FIRST-GENERATION COLLEGE STUDENTS. OF THE INTERNATIONAL STUDENTS ENROLLED IN THE CLASS OF 2022, 10 PERCENT WERE FROM AFRICA AND THE MIDDLE EAST, 46 PERCENT FROM ASIA, 5 PERCENT FROM AUSTRALIA AND THE PACIFIC, 14 PERCENT FROM CANADA AND MEXICO, 8 PERCENT FROM CENTRAL AND SOUTH AMERICA AND THE CARIBBEAN AND 16 PERCENT FROM EUROPE. THIS PROGRESS CAN BE DIRECTLY ATTRIBUTED TO THE UNIVERSITYS CONTINUED COMMITMENT TO INCREASING ACCESS THROUGH GRANT-BASED AID PACKAGES THAT MEET THE FULL FINANCIAL NEED OF UNDERGRADUATES, EXPANDING THE PENN WORLD SCHOLARS PROGRAM, AND STRENGTHENING GRADUATE AND PROFESSIONAL FINANCIAL AID AND SUPPORT, SUCH AS THROUGH THE NEW WELLNESS AT PENN AND OFFICE FOR PENN FIRST PLUS STUDENTS. PENN IS THE NATIONS LARGEST UNIVERSITY WITH A PROGRAM THAT ENABLES DEPENDENT UNDERGRADUATES ELIGIBLE FOR AID TO RECEIVE GRANT-BASED FINANCIAL AID PACKAGES FOR EIGHT ACADEMIC SEMESTERS. PENNS AID PROGRAM DEMONSTRATES THE UNIVERSITYS COMMITMENT TO INCREASE ACCESS FOR QUALIFIED STUDENTS FROM ALL ECONOMIC BACKGROUNDS. IN FY2018, THE AVERAGE FRESHMAN AID PACKAGE WAS $51,470, AN INCREASE OF 4 PERCENT OVER THE PREVIOUS YEAR AND 73 PERCENT OVER THE AVERAGE AID PACKAGE OF $29,752 IN FY2008, WHEN THE GRANT-BASED FINANCIAL AID POLICY WAS ANNOUNCED. RANKED NO. 8 AMONG ALL NATIONAL UNIVERSITIES BY U.S. NEWS & WORLD REPORT, PENN IS CONSISTENTLY RECOGNIZED FOR HAVING SOME OF THE TOP ACADEMIC PROGRAMS IN THE COUNTRY. PENNS UNDERGRADUATE BUSINESS PROGRAM IS RANKED NO. 1 NATIONALLY, WHILE PENNS MEDICAL SCHOOL AND GRADUATE PROGRAMS IN BUSINESS AND NURSING ARE CONSISTENTLY RANKED IN THE TOP SIX NATIONWIDE. THE PERELMAN SCHOOL OF MEDICINE AT THE UNIVERSITY OF PENNSYLVANIA HAS BEEN RANKED AMONG THE TOP MEDICAL SCHOOLS IN THE UNITED STATES FOR THE PAST 20 YEARS, ACCORDING TO U.S. NEWS & WORLD REPORTS SURVEY OF RESEARCH-ORIENTED MEDICAL SCHOOLS. IN FY2018, PENN RECEIVED $534 MILLION IN FUNDING FROM THE NATIONAL INSTITUTES OF HEALTH (NIH). OF THE $534 MILLION, THE PERELMAN SCHOOL OF MEDICINE RECEIVED $432 MILLION. THE SCHOOL IS CONSISTENTLY AMONG THE NATIONS TOP RECIPIENTS OF FUNDING FROM NIH. II. RESEARCH WITH MORE THAN $1 BILLION IN ANNUAL R&D EXPENDITURES, PENN IS ONE OF THE NATIONS TOP RESEARCH UNIVERSITIES, NOT ONLY GENERATING IMPORTANT NEW KNOWLEDGE IN THE FIELDS OF MEDICINE, TECHNOLOGY, BUSINESS, SCIENCE, AND BEYOND, BUT APPLYING THIS KNOWLEDGE TO IMPROVE THE LIVES OF INDIVIDUALS AND COMMUNITIES AT HOME AND AROUND THE WORLD. REUTERS EVEN NAMED PENN AMONG THE TOP FOUR "WORLD'S MOST INNOVATIVE UNIVERSITIES." PENN HAS LONG BEEN A CRADLE OF INGENUITY DEDICATED TO SERVING THE PUBLIC GOOD. THE PENNOVATION CENTER, THE FLAGSHIP FACILITY OF THE PENNOVATION WORKS, LEVERAGES THIS LEGACY BY CREATING AN ENVIRONMENT THAT NURTURES NOVEL IDEAS AND ACCELERATES THEIR EVOLUTION INTO NEW TECHNOLOGIES, THERAPIES, PRODUCTS, AND, ULTIMATELY, COMPANIES THAT WILL CHANGE THE WORLD. IT WAS AUGUST 30, 2017, WHEN PENN SECURED FDA APPROVAL FOR THE FIRST-EVER GENE THERAPY TREATMENT FOR CANCER. JUST MONTHS LATER, THE FDA WOULD ALSO APPROVE THE FIRST GENE THERAPY FOR CONGENITAL BLINDNESS, A NOVEL TREATMENT FOR INHERITED BRCA BREAST CANCER, AND, MOST RECENTLY, A CAR T-CELL THERAPY TO TREAT LARGE B-CELL LYMPHOMA-ALL FOUR APPROVALS BASED ON RESEARCH BY PENN SCIENTISTS AND PHYSICIANS MAKING A MAJOR MILESTONE IN THE HISTORY OF CANCER RESEARCH. ONE MEASURE OF EXCELLENCE FOR THE RESEARCH AND ACADEMIC STUDIES CONDUCTED AT PENN IS THE NUMEROUS PRESTIGIOUS AWARDS THAT HAVE BEEN CONFERRED ON PENN FACULTY. THE FACULTY, ACTIVE AND EMERITI, INCLUDES 88 MEMBERS OF THE AMERICAN ACADEMY OF ARTS AND SCIENCES, 94 MEMBERS OF THE NATIONAL ACADEMY OF MEDICINE, 42 MEMBERS OF THE NATIONAL ACADEMY OF SCIENCES, 30 MEMBERS OF THE AMERICAN PHILOSOPHICAL SOCIETY, 169 GUGGENHEIM FELLOWS, AND 15 MEMBERS OF THE NATIONAL ACADEMY OF ENGINEERING. NINE MACARTHUR AWARD RECIPIENTS, ONE NATIONAL MEDAL OF SCIENCE RECIPIENT, ONE NOBEL PRIZE RECIPIENT, AND FOUR PULITZER PRIZE RECIPIENTS CALL PENN HOME. PENNS RENOWNED RESEARCH COMMUNITY COMPRISES 189 RESEARCH CENTERS AND INSTITUTES, OVER 5,000 FACULTY, MORE THAN 1,300 POSTDOCTORAL FELLOWS, OVER 5,700 ACADEMIC SUPPORT STAFF AND GRADUATE STUDENT TRAINEES, AND A RESEARCH BUDGET OF $1.02 BILLION. RESEARCH GRANTS WON BY PENN FACULTY MAKE IT ONE OF THE HIGHEST RANKED RESEARCH UNIVERSITIES IN THE COUNTRY. THE OPENING OF THE PENNOVATION CENTER AT THE PENNOVATION WORKS SITE STANDS AS A TESTAMENT TO THE VALUE PENN PLACES ON BIG IDEAS. IT IS A PLACE WHERE UNIVERSITY SCHOLARS, DOERS, AND PROBLEM-SOLVERS, INCLUDING THOSE FROM THE PENN ENGINEERING RESEARCH AND COLLABORATIVE HUB, ARE WORKING SIDE BY SIDE WITH IT, BIOTECHNOLOGY, AND ROBOTICS STARTUPS, FORTUNE 500 COMPANIES, AND A HOST OF TECHNOLOGISTS, RESEARCHERS, AND VENTURE CAPITALISTS TO EXPLORE AND PUSH NEW IDEAS INTO REALITY AND EXPAND THE FRONTIERS OF KNOWLEDGE. HTTPS://WWW.PENNOVATION.UPENN.EDU/ III. PUBLIC SERVICE MISSION COMMUNITY INFRASTRUCTURE PENN HAS CALLED WEST PHILADELPHIA HOME SINCE 1871, AND MAKES SERVING THE COMMUNITY A TOP INSTITUTIONAL PRIORITY. THE UNIVERSITY REMAINS STRONGLY COMMITTED TO MAKING WEST PHILADELPHIA AN EVER MORE VIBRANT PLACE TO LIVE AND WORK. 2018 MARKED THE 12TH YEAR OF ACHIEVEMENT FOR THE PENN CONNECTS and PENN CONNECTS 2.0 CAMPUS PLANS TO CREATE AN INNOVATIVE, SUSTAINABLE, AND BEAUTIFUL URBAN CAMPUS THAT REINVIGORATES THE ENTIRE COMMUNITY OF WEST PHILADELPHIA. HTTP://WWW.PENNCONNECTS.UPENN.EDU/ SINCE 2006, PENN HAS ADDED 27.25 ACRES OF NEW OPEN SPACE, 6 MILLION SQUARE FEET OF NEW CONSTRUCTION, AND 2.7 MILLION SQUARE FEET OF RENOVATION, REPRESENTING A TOTAL COMMITMENT OF PUBLIC AND PRIVATE INVESTMENT OF $3.8 BILLION. THE EASTERN SIDE OF UNIVERSITY CITY, ONCE DOMINATED BY THE UNITED STATES POST OFFICE'S SOUTHEASTERN PENNSYLVANIA HEADQUARTERS - A 24 ACRE MIX OF MAIL PROCESSING AND TRANSPORTATION FACILITIES HAS BEEN REVITALIZED BY PENNS STRATEGIC APPLICATION OF PUBLIC PRIVATE PARTNERSHIPS. MODERNIZING THIS LAND USE UNLOCKS ITS POTENTIAL FOR GENERATING ECONOMIC DEVELOPMENT; WHILE CONNECTING UNIVERSITY CITY TO PHILADELPHIAS CENTER CITY (CENTRAL BUSINESS DISTRICT) AND AROUND ITS TRANSPORTATION HUB AT 30TH AND MARKET STREETS (AMTRAKS STATION, SEPTAS COMBINATION OF PUBLIC RAIL AND BUS TRANSIT, AND INTERSTATE 76). THE ELEMENTS OF THE PLAN INCLUDED REPLACING THE POST OFFICES SURFACE PARKING LOT AND TRUCK DEPOT WITH THE UNIVERSITYS PENN PARK, A 14-ACRE OPEN SPACE AND MIX OF ATHLETIC FACILITIES THAT INTRODUCED BOTH A NEW GATEWAY TO UNIVERSITY CITY AND A NEW GREENWAY WITH ENVIRONMENTAL BENEFITS SUCH AS ADDING MORE THAN 500 NEW INDIGENOUS TREES AND PLANT LIFE AND CAPTURING AND REUSING STORM WATER TO MITIGATE RUNOFF INTO THE SCHUYLKILL RIVER. NORTH OF PENN PARK, IS CIRA CENTRE SOUTH. ONCE THE POST OFFICES TRUCK TERMINAL ANNEX, THE UNIVERSITY LEASED THE LAND TO BRANDYWINE REALTY TRUST WHO PRIVATELY DEVELOPED IT INTO A THREE STRUCTURE COMPLEX INCLUDING: EVO, AN 850-BED GRADUATE STUDENT AND YOUNG PROFESSIONAL APARTMENT BUILDING; CIRA GREEN, A MIXED-USE BUILDING INCLUDING A 1,662 SPACE PARKING GARAGE, 9,000 SQUARE FEET OF STREET LEVEL RETAIL BUSINESSES, AND A ONE-ACRE ROOFTOP GREEN AND OPEN SPACE; AND FMC TOWER, A 49-STORY, 730-FOOT SKYSCRAPER AND G
Interesting data from their 2017 990 filing
The purpose of the non-profit is listed in the filing as “The trustees of the university of pennsylvania (the "university") sees itself as having a public service mission. in such regard, the university aims to provide a rich and diverse educational environment for its students, to pioneer research that pushes the boundaries of current human knowledge, and to provide the most current and highest quality patient care through the university health system.”.
When discussing its operations, they were characterized as: “The provision of education, research, and charitable patient care services.”.
- The non-profit's legally reported state of operation is PA.
- The filing states that the non-profit's address in the year 2017 is 3451 WALNUT STREET, PHILADLEPHIA, PA, 19104.
- The form submitted by the non-profit for 2017 shows a total of 48347 employees.
- The non-profit has loans outstanding as of 2017.
- Operates a hospital.
- Operates a school.
- Collects art.
- Does not provide credit counseling.
- Has foreign activities.
- Is a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $644,046,000.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 51 independent voting members.
- The organization has a professional fund raiser.
- The organization was formed in 1740.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $3,180,082,000 in salary, compensation, and benefits to its employees.
- The organization pays $93,232,860 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.
