- Revenue 2024
- $4,056,663,344
- Expenses 2024
- $4,288,569,939
Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- N500
- Classification
- 2000
- Street
- 633 CLARK ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
Northwestern is committed to excellent teaching, innovative research and the personal and intellectual growth of its students in a diverse academic community.
Activities or mission (Part I)
Education and research
-
EDUCATION OF STUDENTS: FOR THE 2025 ACADEMIC YEAR, 8,961 UNDERGRADUATES AND 11,228 GRADUATES AND PROFESSIONAL SCHOOL STUDENTS ENROLLED FULL-TIME AT THE UNIVERSITY. THE EXEMPT PURPOSE OF NORTHWESTERN UNIVERSITY IS TO PROVIDE EDUCATIONAL SERVICES TO ITS STUDENTS. THIS INCLUDES SUPERIOR UNDERGRADUATE EDUCATION FOR A DIVERSE STUDENT BODY IN A COMPREHENSIVE RANGE OF ACADEMIC AND PROFESSIONAL FIELDS. AT THE GRADUATE LEVEL, NORTHWESTERN'S ROLE ENCOMPASSES OFFERINGS IN THE MAJOR ACADEMIC AND PROFESSIONAL FIELDS, CLOSELY RELATED TO RESEARCH, CREATIVE ACTIVITIES, AND CLINICAL SERVICES.
Expenses $2,983,776,148 · Grants $638,355,669 · Revenue $1,774,274,941
-
RESEARCH ACTIVITIES: THE RESEARCH PROGRAM AT NORTHWESTERN UNIVERSITY IS A MAJOR COMPONENT OF UNIVERSITY EFFORTS, ASSURING INSTITUTIONAL LEADERSHIP IN SCIENTIFIC DISCOVERY, INTELLECTUAL INQUIRY, AND CREATIVE PERFORMANCE. THE CHARACTER OF THIS RESEARCH SHAPES ALL AREAS OF UNIVERSITY ENDEAVOR, ESPECIALLY GRADUATE EDUCATION AS WELL AS UNDERGRADUATE STUDIES.
Expenses $725,804,000 · Grants $141,967,787 · Revenue $992,056,229
-
AUXILIARY ENTERPRISES SERVE THE EDUCATIONAL MISSION BY PRIMARILY PROVIDING RESIDENCES AND FOOD SERVICES, AND OTHER VARIOUS GOODS AND SERVICES TO SUPPORT UNIVERSITY STUDENT, FACULTY, AND STAFF ACTIVITIES.
Expenses $220,554,000 · Revenue $134,184,796
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Adam R Karr
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Christine E Brennan
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Michael S Shannon
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Peter J Barris
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Steven A Cahillane
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Virginia M Rometty
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Adam L Hoeflich
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Annette Rippert
Trustee (as of 5/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Brian S Posner
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Charles A Tribbett III
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
D Cameron Findlay
Trustee (until 7/2025)
- Total calculated
- $0
- Hours/week
- 1
-
David A Sachs
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Deborah L DeHaas
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
E Scott Santi
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ellen Kullman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Emily Heisley Stoeckel
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gwynne E Shotwell
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Harreld N Kirkpatrick III
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Heather B Baker
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
James A DeNaut
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jane DiRenzo Pigott
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jane S Hoffman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jay C Hoag
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Leischner Litowitz
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John Z Kukral
Trustee
- Total calculated
- $0
- Hours/week
- 1
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $4,056,663,344
- Expenses
- $4,288,569,939
- Contributions
- $497,344,598
- Grants paid
- $780,323,456
-
2023
- Revenue
- $4,177,750,770
- Expenses
- $3,933,998,499
- Contributions
- $500,396,039
- Grants paid
- $749,377,157
-
2022
- Revenue
- $3,319,115,351
- Expenses
- $3,655,717,485
- Contributions
- $545,275,891
- Grants paid
- $707,068,007
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $4,010,424,246
- Expenses
- $3,344,228,756
- Assets (EOY)
- $18,624,987,614
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $3,678,521,388
- Expenses
- $3,030,857,470
- Assets (EOY)
- $19,369,511,926
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $3,140,527,328
- Expenses
- $3,013,193,839
- Assets (EOY)
- $15,846,964,843
-
2018 · 990
- Revenue
- $3,108,297,108
- Expenses
- $3,029,156,594
- Assets (EOY)
- $15,193,337,485
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Form 990-N e-Postcard, tax year 2021
- Tax period
- 1 September 2021 to 31 August 2022
- Principal officer
-
Kelsey Watterworth
- Mailing address
- 2145 Sheridan Road Room L291Evanston IL 602083102
- Website
- http://swe.mccormick.northwestern.edu/
As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
-
$13,803,028
2022 Support of research activities
-
$8,566,923
2023 Support of research activities
-
Ann & Robert Lurie Childrens Hospital
$7,703,038
2024 Support for community organization
-
University of Illinois at Chicago
$6,085,469
2022 Support of research activities
-
$6,043,953
2024 Support of research activities
-
2023 Support of research activities
-
$5,530,913
2024 Support of research activities
-
$4,738,598
2023 Support of research activities
-
University of Illinois at Chicago
$4,558,221
2023 Support of research activities
-
2022 Support of research activities
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$63,319,632
2023 TO SUPPORT THE MISSIONS OF MEMBER INSTITUTIONS
-
$60,556,605
2022 To support the missions of member institutions
-
NORTHWESTERN MEMORIAL HEALTHCARE
$43,971,787
2022 ACADEMIC SUPPORT
-
NORTHWESTERN MEMORIAL HEALTHCARE
$38,734,681
2024 ACADEMIC SUPPORT
-
NORTHWESTERN MEMORIAL HEALTHCARE
$35,133,357
2023 ACADEMIC SUPPORT
-
NORTHWESTERN MEMORIAL HEALTHCARE
$18,261,525
2023 ACADEMIC SUPPORT
-
NORTHWESTERN MEMORIAL HEALTHCARE
$18,126,836
2024 Academic support
-
NORTHWESTERN MEMORIAL HEALTHCARE
$16,930,750
2022 Academic support
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$12,641,484
2023 For grant recipient's exempt purposes
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11,958,736
2022 For grant recipient's exempt purposes
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(c)(3) · PROVIDING MEDICAL MALPRACTICE, General/Professional/Auto Liability Insurance to the University · IL · controlled entity
-
501(c)(3) · PUBLISHES STUDENT PERIODICALS · IL
-
MCGAW MEDICAL CENTER OF NORTHWESTERN UNIVERSITY
501(c)(3) · COORDINATION OF MEDICAL RESIDENTS · IL · controlled entity
-
501(c)(3) · FACILITATE QUALITY INTERCOLLEGIATE ATHLETIC COMPETITION · IL
-
501(c)(3) · ACADEMIC CONSORTIUM TO ADVANCE MISSION OF MEMBER INSTITUTIONS · IL
Declared as related by
-
On its 2024 return
-
On its 2024 return
-
NORTHWESTERN UNIVERSITY MASTER WELFARE BENEFIT TRUST
On its 2024 return
-
STUDENTS PUBLISHING COMPANY INC NORTHWESTERN UNIVERSITY
On its 2024 return
-
WOMANS EDUCATIONAL AID ASSOCIATION
On its 2024 return
-
On its 2023 return
-
On its 2023 return
-
MCGAW MEDICAL CENTER OF NORTHWESTERN UNIVERSITY
On its 2023 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
Northwestern University USA Foundation Limited
Fundraising · UK · income $531,059 · assets $18,207
Related partnerships on its 2024 return
-
Kuramo Africa Opportunity Fund II LP
Excluded · Investment · NY
-
KCG 64 CI-1 LP
Excluded · Investment · FL
-
Nighthawk Partners LP
Excluded · Investment · DE
-
Permian Treble Master Fund LP
Excluded · Investment · TX
Related corporations and trusts on its 2024 return
-
CHARITABLE REMAINDER UNITRUSTSAnnuity TrustsPIF (67 7 1 respectively)
Trust · Charitable Trust · IL · controlled entity
-
Gotham Neutral Strategies Ltd
C Corporation · Investment · CJ · controlled entity
-
Four Pines Offshore Fund LP
C Corporation · Investments · CJ · controlled entity
-
SABA CAPITAL W FUND LTD
C Corporation · Investments · CJ · controlled entity
-
Permian Fund Ltd
C Corporation · Investments · CJ · controlled entity
-
Bensell US Feeder LP
C Corporation · INVESTMENTS · UK · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.