BROWN UNIVERSITY FINANCIAL REPORT Fiscal Year 2019 Brown University Summary Fiscal Year Ended June 30, 2019
CELEBRATING FIVE YEARS OF BROWN UNIVERSITY FINANCIAL REPORT Fiscal Year 2019 Brown University Summary Fiscal year ended June 30, 2019 FINANCIAL (dollars in millions) Fiscal Year 2019 Fiscal Year 2018 Principal Revenue Sources Tuition and Fees (net) $373 $353 Grants and Contracts $201 $190 Endowment Return Appropriated $154 $152 Contributions $292 $282 Total Investment Return $464 $448 Principal Purpose of Expenditures Instruction and Departmental Research $347 $339 Academic and Student Support $271 $252 Financial Balance Sheet Total Assets $6,209 $5,792 Total Liabilities $1,136 $1,156 Net Assets $5,073 $4,636 Fundraising New Gifts and Pledges $421 $389 Cash $250 $240 STUDENTS Enrollment Undergraduate Students 7,043 6,988 Graduate Students 2,629 2,541 Medical Students 585 566 Degrees Conferred Bachelor’s Degrees 1,697 1,696 Master’s Degrees 846 717 Doctor of Philosophy 225 208 Doctor of Medicine 128 120 Annual Tuition and Required Fees Undergraduate $55,556 $53,419 Graduate $55,332 $53,205 Medical $62,254 $59,302 FACULTY Campus-based Faculty (all ranks)* 772 758 Medical School Faculty 614 626 *Campus-based faculty head counts include professor, associate and assistant professor, and lecturer, senior lecturer and distinguished senior lecturer. Brown University Financial Report Fiscal Year 2019 FROM THE PRESIDENT In 2014, as Brown University kicked off the celebration of its 250th anniversary, we launched Building on Distinction: A New Plan for Brown. This ambitious strategic plan set forth a bold vision for elevating Brown to the next level of excellence over 10 years. The Corporation of Brown University approved the plan in October 2013, and the values articulated in the document reflected that the University had reached an important inflection point in its distinguished history.
[Show full text]