Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 995,937,669 | 855,494,240 | 889,619,077 | 784,101,109 | 917,884,430 | 4,443,036,525 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 995,937,669 | 855,494,240 | 889,619,077 | 784,101,109 | 917,884,430 | 4,443,036,525 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 0 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 4,443,036,525 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 995,937,669 | 855,494,240 | 889,619,077 | 784,101,109 | 917,884,430 | 4,443,036,525 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 83,828,048 | 64,710,335 | 67,341,624 | 101,798,775 | 59,330,595 | 377,009,377 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 18,296,248 | 19,849,228 | 14,878,268 | 6,417,878 | 34,282,165 | 93,723,787 |
| 11 | Total support. Add lines 7 through 10 | 4,920,560,438 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| SCHEDULE E, PART I, LINE 3 | The university's nondiscrimination policy is posted on bulletin boards across the university and electronically on the Human Resources website. It is included in key recruitment materials and publications and is the foundation for the Discrimination and Discriminatory Harassment Policy published annually. |
| SCHEDULE E, PART I, LINE 6A | Washington University received funds from the Department of Education for the administration of campus-based student financial aid programs, including Perkins Loans, Pell Grants, SEOG Grants and federal work study funding. The State of Missouri provides similar funding. |
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Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 | community services. Its schools and colleges encompass most areas of scholarship and professional training, with interschool centers and institutes, libraries, computing facilities, athletic programs and undergraduate and graduate housing. The University offers undergraduate and graduate degrees and sponsors interdisciplinary institutes and centers engaged principally in research and advanced training. Many educational programs include one or more practicum or experiential learning components. The School of Medicine (WUSM) is among the leading medical research institutions in the nation. WUSM carries out its educational, research, and clinical programs through 23 departments, approximately 60 divisions, and 4 programs in allied health professions, and provides patient care as part of its educational and research programs. WUSM provides emergency and non-emergency medical care to all patients in its community, including those who are underinsured and non-insured as well as those who have adequate insurance coverage or the ability to pay for such care. |
| FORM 990, PART I, LINE 6 | Volunteers support and benefit the organization in a wide variety of activities, programs, and services, including service as Trustees or advisors who receive no compensation for their service on various University Councils. The total count provided is an estimate based on surveying departmental administrators. |
| FORM 990, PART III, LINE 1 | Washington University's mission is to act in service of truth through the formation of leaders, the discovery of knowledge and the treatment of patients for the betterment of our region, our nation, and our world. At Washington University, we generate, disseminate, and apply knowledge. We foster freedom of inquiry and expression of ideas in our research, teaching, and learning. We aim to create an environment that encourages and supports wide-ranging exploration at the frontier of discovery by embracing diverse perspectives from individuals of all identities and backgrounds. We promote higher education and rigorous research as a fundamental component of an open, vibrant society. We strive to enhance the lives and livelihoods not only of our students, patients, and employees, but also of the people of the greater St. Louis community and beyond. We do so by addressing scientific, social, economic, medical, and other challenges in the local, national, and international realms. Our goals are: to foster excellence and creativity in our teaching, research, scholarship, patient care and service; to welcome students, faculty, and staff from all backgrounds to create an inclusive, equitable community that is nurturing and intellectually rigorous; to cultivate in students habits of lifelong learning and critical and ethical thinking, thereby enabling them to be productive members and leaders of a global society; and to contribute positively to our home community of St. Louis, and to effect meaningful, constructive change in our world. To this end we intend: to hold ourselves to the highest standards of excellence; to educate aspiring leaders of great ability from diverse backgrounds; to encourage faculty and students to be innovative, bold, independent, critical thinkers; to build an inclusive, equitable, respectful, ethically-principled environment for living, teaching, learning and working for the present and future generations; and to focus on meaningful measurable results for all of our endeavors. |
| FORM 990, PART III, LINE 4D | ACADEMIC SUPPORT: Represents primarily administrative activities that directly support program services but do not qualify as management and general costs. Significant components include the central and school libraries, animal care, environmental compliance, the Deans' offices, school information systems, school-specific human resource activities, and human research participant protection. |
| FORM 990, PART VI, SECTION A, LINE 1A | The Executive Committee is composed of The Chair, Vice Chairs, Chancellor and not less than six voting members of The Board of Trustees appointed by The Board at its annual meeting. The Executive Committee is subordinate and responsible to The Board of Trustees. In the interval between meetings of The Board of Trustees, the Executive Committee has and may exercise all powers of The Board of Trustees except (i) to approve or authorize amendments to the Charter or Bylaws or other major changes in the organization of the University, (ii) except as authorized or delegated by resolution of The Board of Trustees, (a) to create any debt encumbering any property of the University, (b) to grant diplomas, or (c) to approve budgets, (iii) to grant tenure, and (iv) to act on matters as regards which other specific directions have been given by The Board of Trustees. |
| FORM 990, PART VI, SECTION A, LINE 2 | Trustees David Kemper and Priscilla Hill-Ardoin have a business relationship. Trustees Priscilla Hill-Ardoin and David Steward have a business relationship. |
| FORM 990, PART VI, SECTION A, LINE 4 | Washington University amended its bylaws to eliminate lifetimes trustees - a class of trustees that held a lifelong term. Further, the bylaws were amended to establish that an ad hoc committee of Distinguished Trustees will provide successor recommendations when there is a vacancy in the position of Board Chair. Lastly, the Chair has the authority to establish limited duration ad hoc committees to address specific topics or issues as they arise. Such committees will be subordinate to the Board of Trustees. |
| FORM 990, PART VI, SECTION B, LINE 11B | The Form 990 is initially prepared by the University's Tax Department and then reviewed by the University's tax preparers. Their review is thorough and provides sufficient assurance for them to sign as paid preparers. The return is then reviewed by the University's Controller (who signs the return) and its CFO. It is then reviewed with the University's Board of Trustees Audit, Risk, and Compliance Committee. Following their review, the final return is made available to the full Board. All reviews take place prior to filing the return. |
| FORM 990, PART VI, SECTION B, LINE 12C | The University regularly monitors and enforces compliance with its conflict of interest policies. The External Professional Activities Policy describes institutional standards around external professional activities, prescribes disclosure and review requirements. Each of the Policy on Institutional Conflict of Interest, Research Conflicts of Interest Policy and the Policy on Conflicts of Interest in Clinical Care established a dedicated committee, comprised of faculty and staff, to assess the financial relationships of faculty and determine whether a conflict of interest (COI) exists and a management plan warranted. Faculty involved in research are required to disclose annually their financial interests or within 30 days of a new financial relationship. The financial disclosures are circulated to the three COI committees for COI evaluation. The Research COI and the Institutional COI committees regularly monitor faculty compliance with their management plans. If the committees determine that a faculty member is not in compliance with a management plan, the matter is investigated by the committees and appropriate action taken. The University Compliance Office annually audits clinical faculty members compliance with management plans imposed by the Clinical COI committee. Any noncompliance is addressed and remediated by the Vice Chancellor for Research and the faculty member's department. Disclosures by staff employees are made to their immediate supervisors. Disclosures by officers and Deans are made to the Chancellor for resolution, and the Chancellor reports on those and his own disclosures to the Chair of the Board. The Board of Trustees has approved a separate conflict of interest policy applicable to its members. Under that policy, members of the Board are required to make annual disclosure of existing or prospective matters that reasonably create an actual or potential conflict of interest involving the University (including 50% or more affiliated entities) and the member (including certain affiliated business entities and family members). With certain limited exceptions, that policy further requires a member to be excused from participation in or vote on a matter with respect to which she/he has a conflict of interest. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE RECOMMENDED COMPENSATION OF THE CHANCELLOR, OFFICERS, AND KEY EMPLOYEES (COLLECTIVELY, THE EXECUTIVE GROUP) IS REVIEWED AND APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE, A COMMITTEE OF INDEPENDENT VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE COMMITTEE'S DISCUSSION AND REVIEW INCLUDES EXAMINATION OF THE F.W. COOK AND COMPANY'S EXECUTIVE COMPENSATION CONSULTANT'S MARKET ANALYSIS COMPRISED OF MULTIPLE THIRD-PARTY SOURCES OF COMPARATOR MARKET DATA SPECIFIC TO THOSE INSTITUTIONS WITH WHICH THE UNIVERSITY COMPARES ITSELF. THIS INCLUDES AVAILABLE MARKET DATA PROVIDED BY INDUSTRY SPECIFIC PROFESSIONAL ORGANIZATIONS INCLUDING MOST RECENTLY AVAILABLE FORM 990S. THE CHAIRMAN OF THE BOARD OF TRUSTEES MAKES A RECOMMENDATION TO THE COMMITTEE FOR THE CHANCELLOR'S COMPENSATION. THE CHANCELLOR RECOMMENDS TO THE COMMITTEE THE COMPENSATION OF OFFICERS. THE CHIEF INVESTMENT OFFICER'S COMPENSATION AND INCENTIVES PACKAGE IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, ACTING ON BEHALF OF THE GOVERNING BOARD. ALL COMMITTEE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY SUBSTANTIATED IN THE COMMITTEE'S MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | The University makes its charter, conflict of interest policy, and annual reports available to the public through the University website (see 990 Page 1 Box J). |
| FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D | Reportable compensation for officers Lodge and Webber and former officer Blasingame include a distribution or vesting of amounts under nonqualified deferred compensation plans reviewed and approved by the Compensation Committee of the Board of Trustees, individually or as part of their overall compensation. The amounts distributed or vested for officers Lodge and Webber, and for former officer Blasingame, among other amounts, are reported on Schedule J, Part II, column B(iii). |
| FORM 990, PART VII, SECTION A, LINE 26 | Trustee Eric Upin served as Executive Board Chair of the Washington University Investment Management Company, a division of the University, from July 1, 2021 - June 30, 2022. During this period, Trustee Upin devoted an average of 12 hours per week in his capacity as Executive Board Chair. Additionally, Trustee Upin was compensated for consulting services provided in this capacity and received reimbursement for reasonable travel and lodging expenses. During the period of July 1, 2021 - June 30, 2022, Trustee Upin devoted an average of 1 hour per week to the university in his capacity as a Member of the Board of Trustees. |
| FORM 990, PART VII, SECTION A, ROW 37 | Trustee Nickerson is compensated as an adjunct professor for teaching activities. |
| FORM 990, PART XI, LINE 9 | $3,502,183 of changes and reclassifications in split-interest agreements and a $466,759 change in uncollectible pledges. |
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