Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
A For the 2023 calendar year, or tax year beginning 07-01-2023 , and ending 06-30-2024
BCheck if applicable:
CName of organization
Vanderbilt University
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
PMB 406310 2301 Vanderbilt Place
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Nashville, TN372406310
D Employer identification number

62-0476822
E Telephone number

G Gross receipts $ 8,004,844,783
F Name and address of principal officer:
Daniel Diermeier
211 Kirkland 2201 Westend
Nashville,TN37240
I
Tax-exempt status: (   ) (insert no.) or
J
Website:
www.vanderbilt.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number  
K Form of organization:  
L Year of formation: 1873
M State of legal domicile: TN
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: See Schedule O
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 37
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 35
5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) ...... 5 14,223
6 Total number of volunteers (estimate if necessary) ............. 6 7,100
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 88,920,754
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 417,397,740 371,990,272
9 Program service revenue (Part VIII, line 2g) ......... 1,337,444,828 1,407,920,814
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 405,457,697 739,166,968
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 106,104,683 48,571,984
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 2,266,404,948 2,567,650,038
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 467,841,762 518,007,111
14 Benefits paid to or for members (Part IX, column (A), line 4).....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 832,748,623 927,138,977
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 97,606 30,486
b Total fundraising expenses (Part IX, column (D), line 25) 50,429,132    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 725,260,163 851,988,198
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 2,025,948,154 2,297,164,772
19 Revenue less expenses. Subtract line 18 from line 12....... 240,456,794 270,485,266
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 13,149,511,362 13,766,694,412
21 Total liabilities (Part X, line 26)............. 3,460,404,534 3,469,355,057
22 Net assets or fund balances. Subtract line 21 from line 20..... 9,689,106,828 10,297,339,355
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2023)
Form 990 (2023)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: See Schedule O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,434,625,793 including grants of $ 443,070,006 ) (Revenue $ 1,335,216,326 )
See Schedule O - Education
4b (Code:   ) (Expenses $ 362,582,793 including grants of $ 74,937,105 ) (Revenue $ 90,877,181 )
See Schedule O - Academic and Scientific Research
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses1,797,208,586
Form 990 (2023)
Form 990 (2023)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment
List of Attached Documents:
// Content
.........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment
List of Attached Documents:
// Content
.........................
6
Yes
 
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment
List of Attached Documents:
// Content
......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
List of Attached Documents:
// Content
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
List of Attached Documents:
// Content
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
List of Attached Documents:
// Content
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....Click to see attachment
List of Attached Documents:
// Content
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
List of Attached Documents:
// Content
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see attachment
List of Attached Documents:
// Content
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment
List of Attached Documents:
// Content
...........
26
Yes
 
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment
List of Attached Documents:
// Content
.........................
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment
List of Attached Documents:
// Content
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
List of Attached Documents:
// Content
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................Click to see attachment
List of Attached Documents:
// Content
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
List of Attached Documents:
// Content
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
19,278
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
14,223
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: HK , HU , IC , IN , AR , ID , IS , JA , KE , KS , MI , MY , AS , MP , MX , MO , WA , NZ , NI , NO , PE , RP , PL , PO , RS , SA , SN , SI , SF , SW , SZ , TW , TZ , TH , TS , TU , UG , AE , UK , VM , ZA , ZI , BD , BC , BR , CA , CI , CH , CO , IV , HR , EZ , DA , EG , GM , GH , GR
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
No
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
No
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
No
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
Yes
 
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2023)
Form 990 (2023)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
37
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
35
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
Dalana Robertson110 21st Avenue South Suite 900   Nashville,TN37203 (615) 343-6601
Form 990 (2023)
Form 990 (2023)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Daniel Diermeier......................................................................
See Schedule O
 50.0
.................
0.0 		X   X       2,427,798 0 382,104
(2) Adena Friedman......................................................................
Trustee
 3.0
.................
0.0 		X           0 0 0
(3) Adolpho A Birch III......................................................................
Secretary
 3.0
.................
0.0 		X           0 0 0
(4) Alexander C Taylor......................................................................
Trustee
 3.0
.................
0.0 		X           0 0 0
(5) Andrew Hoine......................................................................
Trustee
 4.0
.................
0.0 		X           0 0 0
(6) Bruce R Evans......................................................................
Chairman
 6.0
.................
0.0 		X           0 0 0
(7) Cindy Kent......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(8) Conner Searcy......................................................................
Trustee
 2.0
.................
0.0 		X           0 0 0
(9) Corey E Thomas......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(10) George Huber......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(11) Greg S Allen......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(12) Ike Lawrence Epstein......................................................................
Trustee
 3.0
.................
0.0 		X           0 0 0
(13) Jay C Hoag......................................................................
Trustee
 2.0
.................
0.0 		X           0 0 0
(14) Jeffrey J Rothschild......................................................................
Vice-Chairman
 3.0
.................
0.0 		X           0 0 0
(15) Jennifer Frist......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(16) John Arnold......................................................................
Trustee
 1.0
.................
0.0 		X           0 0 0
(17) John R Ingram......................................................................
Trustee
 2.0
.................
0.0 		X           0 0 0
Form 990 (2023)
Form 990 (2023)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Jon Winkelried........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(19) Justin Ishbia........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(20) Kathleen E Justice-Moore........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(21) Kito K Huggins........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(22) Lamar Alexander........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(23) Makeba Williams........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(24) Mark P Mays........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(25) Mark Wilf........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(26) Nina Kohler........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(27) Nora W Tyson........................................................................
Vice-Chariman
 3.0
.......................0.0 		X           0 0 0
(28) Peter Marshall........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(29) Robert Levy........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(30) Sean Connolly........................................................................
Trustee
 3.0
.......................0.0 		X           0 0 0
(31) Shaiza Rizavi........................................................................
Trustee
 2.0
.......................0.0 		X           0 0 0
(32) Shirley M Collado........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(33) Somto Okoye........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(34) Steven H Madden Sr........................................................................
Trustee
 3.0
.......................0.0 		X           0 0 0
(35) Suzanne Perot McGee........................................................................
Trustee
 3.0
.......................0.0 		X           0 0 0
(36) Timothy L Warnock........................................................................
Trustee
 1.0
.......................0.0 		X           0 0 0
(37) W Douglas Parker........................................................................
Trustee
 4.0
.......................0.0 		X           0 0 0
(38) Anders W Hall........................................................................
See Schedule O
 50.0
.......................4.4 		    X       6,001,511 0 2,244,482
(39) Brett C Sweet........................................................................
See Schedule O
 50.0
.......................8.0 		    X       1,749,056 0 351,972
(40) C Cybele Raver........................................................................
See Schedule O
 50.0
.......................0.0 		    X       986,474 0 37,578
(41) Candice S Lee........................................................................
See Schedule O
 50.0
.......................0.2 		    X       1,222,589 0 68,324
(42) Eric C Kopstain........................................................................
See Schedule O
 50.0
.......................2.0 		    X       742,835 0 102,600
(43) John M Lutz........................................................................
See Schedule O
 50.0
.......................0.0 		    X       1,484,891 0 36,969
(44) Nathan Green........................................................................
See Schedule O
 50.0
.......................0.0 		    X       466,282 0 75,538
(45) Ruby Shellaway........................................................................
See Schedule O
 50.0
.......................1.0 		    X       815,093 0 57,063
(46) Steve Ertel........................................................................
See Schedule O
 50.0
.......................0.1 		    X       467,702 0 127,066
(47) Sydney Savion........................................................................
See Schedule O
 50.0
.......................0.0 		    X       0 0 0
(48) John Geer........................................................................
See Schedule O
 50.0
.......................0.0 		      X     1,066,194 0 45,577
(49) John Kuriyan........................................................................
See Schedule O
 50.0
.......................0.0 		      X     1,094,054 0 46,585
(50) Clark Lea........................................................................
See Schedule O
 50.0
.......................0.0 		        X   3,663,116 0 48,021
(51) Derek Mason........................................................................
See Schedule O
 50.0
.......................0.0 		        X   2,166,660 0 0
(52) Jerry Stackhouse........................................................................
See Schedule O
 50.0
.......................0.0 		        X   4,187,650 0 280,632
(53) Randall Thomas........................................................................
See Schedule O
 50.0
.......................0.0 		        X   942,715 0 43,020
(54) Timothy C Corbin........................................................................
See Schedule O
 50.0
.......................0.0 		        X   1,819,456 0 304,341
(55) Andre L Churchwell........................................................................
See Schedule O
 50.0
.......................0.0 		          X 714,062 0 38,521
(56) Lawrence J Marnett........................................................................
See Schedule O
 50.0
.......................0.0 		          X 672,383 0 39,186
(57) Nicholas S Zeppos........................................................................
See Schedule O
 50.0
.......................0.0 		          X 218,072 0 0
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 32,908,593 0 4,329,579
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 1,813
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Vanderbilt University Medical Center

1161 21st Ave S
D-3300 MCN
Nashville,TN372325445 		Affiliation Services 47,470,165
Layton Construction Company LLC

9090 South Sandy Pkwy
Sandy,UT84070 		Construction Services 44,506,308
Brasfield & Gorrie LP

3021 7th Avenue South
Birmingham,AL35233 		Construction Service 40,875,998
Barton Malow Builders

26500 American Drive
Southfield,MI480342252 		Construction Services 39,503,755
Skanska USA Building Inc

5000 Meridian Blvd
Suite 100
Franklin,TN37067 		Construction Services 30,757,736
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 374
Form 990 (2023)
Form 990 (2023)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 194,210
d Related organizations1d 80,938
e Government grants (contributions)1e 213,093,517
f All other contributions, gifts, grants, and similar amounts not included above1f 158,621,607
g Noncash contributions included in lines 1a - 1f:$ 1g 31,324,355
h Total. Add lines 1a-1f....... 371,990,272
Program Service RevenueAmt Business Code
2a Tuition and Fees 611310 740,780,905 740,780,905    
b Affilliated Entity Rev 611310 353,989,257 353,989,257    
c Room, Board & Auxiliary 611310 193,023,687 192,879,193 144,494  
d Research & Other Contr 611310 90,877,181 90,877,181    
e Other Auxiliary 611310 8,294,524 7,967,686 326,838  
f All other program service revenue. 20,955,260 20,955,260 0 0
g Total. Add lines 2a–2f ..... 1,407,920,814
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 205,005,070   68,181,809 136,823,261
4 Income from investment of tax-exempt bond proceeds        
5 Royalties........... 24,918,759   1,324,506 23,594,253
(i) Real (ii) Personal
6a Gross rents 6a 11,196,457 3,560
b Less: rental expenses 6b 5,607,993 4,167
c Rental income or (loss) 6c 5,588,464 -607
d Net rental income or (loss)....... 5,587,857     5,588,464
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 5,965,602,632  
b Less: cost or other basis and sales expenses 7b 5,431,440,734  
c Gain or (loss) 7c 534,161,898 0
d Net gain or (loss)......... 534,161,898   1,179,067 532,982,831
8a Gross income from fundraising events (not including $ 194,210of contributions reported on line 1c). See Part IV, line 18 ....
8a 34,526
b Less: direct expenses ... 8b 141,851
c Net income or (loss) from fundraising events.. -107,325   -107,325
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..        
OtherRevenueMiscAmt
Business Code
11a Other Revenue 721110 18,172,693 408,046 17,764,647  
b            
c            
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... 18,172,693
12 Total revenue. See instructions..... 2,567,650,038 1,407,857,528 88,920,754 698,881,484
Form 990 (2023)
Form 990 (2023)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 72,130,426 72,130,426
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 443,070,006 443,070,006
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 2,806,679 2,806,679
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 22,156,217 4,328,862 13,914,713 3,912,642
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 119,771 119,771    
7 Other salaries and wages........ 746,941,880 659,094,290 68,394,723 19,452,867
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 40,571,748 35,800,118 3,715,006 1,056,624
9 Other employee benefits ....... 72,066,334 46,026,927 19,945,620 6,093,787
10 Payroll taxes ........... 45,283,027 39,957,305 4,146,400 1,179,322
11 Fees for services (non-employees):        
a Management ...... 2,292,870 223,130 2,069,740  
b Legal ......... 11,862,629   11,856,679 5,950
c Accounting ........... 953,152   953,152  
d Lobbying ........... 220,000   220,000  
e Professional fundraising services. See Part IV, line 17 30,486 30,486
f Investment management fees ...... 115,971,117   115,971,117  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 116,252,791 91,513,404 19,781,164 4,958,223
12 Advertising and promotion .... 8,104,683 5,866,544 1,584,115 654,024
13 Office expenses ....... 94,403,485 80,274,695 10,925,304 3,203,486
14 Information technology ...... 31,635,953 26,986,601 3,708,792 940,560
15 Royalties .. 10,607,674 10,607,674    
16 Occupancy ........... 107,252,114 83,529,183 21,373,237 2,349,694
17 Travel ............ 37,383,982 33,289,769 1,991,097 2,103,116
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 6,196,270 5,563,166 579,169 53,935
20 Interest ........... 17,215,825 14,490,212 2,725,613  
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 106,760,859 80,522,152 23,979,280 2,259,427
23 Insurance ... 14,821,238 9,167,061 5,654,177  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Other- Investment Expenses 56,588,132   56,588,132  
b Settlement of class action lawsuit 55,000,000   55,000,000  
c Other- Miscellaneous Expenses 22,681,316 18,724,253 1,786,483 2,170,580
d Other- library 17,817,747 17,817,747    
e All other expenses 17,966,361 15,298,611 2,663,341 4,409
25 Total functional expenses. Add lines 1 through 24e 2,297,164,772 1,797,208,586 449,527,054 50,429,132
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).        
Form 990 (2023)
Form 990 (2023)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 122,529,748 1 83,018,848
2 Savings and temporary cash investments ......... 808,359,308 2 710,973,206
3 Pledges and grants receivable, net ...... 213,326,793 3 201,970,187
4 Accounts receivable, net ............. 51,921,561 4 76,541,476
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
483,559 5 470,938
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 1,315,611 7 831,918
8 Inventories for sale or use ............ 335,551 8 276,057
9 Prepaid expenses and deferred charges ...... 13,717,580 9 18,424,806
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 3,561,425,923
b Less: accumulated depreciation 10b 1,485,823,855 1,797,533,767 10c 2,075,602,068
11 Investments—publicly traded securities . 4,880,564,014 11 5,038,553,479
12 Investments—other securities. See Part IV, line 11 ..... 5,193,051,568 12 5,506,867,494
13 Investments—program-related. See Part IV, line 11 .. 17,179,713 13 15,595,496
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 49,192,589 15 37,568,439
16 Total assets. Add lines 1 through 15 (must equal line 33)... 13,149,511,362 16 13,766,694,412
Liabilities 17 Accounts payable and accrued expenses ..... 282,242,924 17 362,162,771
18 Grants payable ...   18  
19 Deferred revenue ......... 1,840,731,085 19 1,799,145,564
20 Tax-exempt bond liabilities ......... 25,000,000 20 100,000,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 635,534,137 23 588,848,369
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 676,896,388 25 619,198,353
26 Total liabilities. Add lines 17 through 25.. 3,460,404,534 26 3,469,355,057
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 5,455,561,991 27 5,799,710,392
28 Net assets with donor restrictions ........... 4,233,544,837 28 4,497,628,963
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 9,689,106,828 32 10,297,339,355
33 Total liabilities and net assets/fund balances ........ 13,149,511,362 33 13,766,694,412
Form 990 (2023)
Form 990 (2023)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
2,567,650,038
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
2,297,164,772
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
270,485,266
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
9,689,106,828
5
Net unrealized gains (losses) on investments ...............
5
347,397,636
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-9,650,375
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
10,297,339,355
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2023)
Form 990 (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v6.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2
A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)
3
A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4
A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

5
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)
6
A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)
8
A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9
An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:
10
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
11
12
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
a
Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.
b
Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.
c
Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d
Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
e
Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(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
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 294,665,646 306,947,408 325,430,127 417,397,740 371,990,272 1,716,431,193
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 3 294,665,646 306,947,408 325,430,127 417,397,740 371,990,272 1,716,431,193
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. 1,716,431,193
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
7 Amounts from line 4.. 294,665,646 306,947,408 325,430,127 417,397,740 371,990,272 1,716,431,193
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 55,143,251 218,193,851 325,827,290 193,309,305 171,613,971 964,087,668
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 0 0 0 0 0 0
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 64,889 0 73,203 71,609 34,526 244,227
11 Total support. Add lines 7 through 10 2,680,763,088
12
12
6,401,231,507
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
64.03 %
15
15
66.22 %
16a
33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (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.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (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.)..            
14
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
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)
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):  
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  
7
Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
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 2023 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-2023 		(iii)
Distributable
Amount for 2023
1 Distributable amount for 2023 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2023:
a From 2018.......  
b From 2019.......  
c From 2020.......  
d From 2021.......  
e From 2022.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2023 distributable amount  
i Carryover from 2018 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2023 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2023 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2023, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions. 		 
6 Remaining underdistributions for 2023. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions. 		 
7 Excess distributions carryover to 2024. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2019.....  
b Excess from 2020.....  
c Excess from 2021.....  
d Excess from 2022.....  
e Excess from 2023.....  
Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 


Return Reference Explanation
Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS FUNDRAISING REVENUE AND MISC. OPERATING INCOME, COLUMN A - 64889.0, COLUMN B - 0.0, COLUMN C - 73203.0, COLUMN D - 71609.0, COLUMN E - 34526.0, COLUMN F - 244227.0;
Schedule A (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v6.0
SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow Complete if the organization is described below. right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................right arrow
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................right arrow
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................right arrow
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................right arrow

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........right arrow

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2022

Schedule C (Form 990) 2022
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check right arrowexpenses, and share of excess lobbying expenditures).
B Check right arrow
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990) 2022


Schedule C (Form 990) 2022
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
Yes
 
100
e
Publications, or published or broadcast statements? ...........................................................
 
No
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
357,385
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
388,611
j
Total. Add lines 1c through 1i ....................................................................................................
746,096
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures. See Instructions .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY An insubstantial portion of Vanderbilt University's total activities involve legislative and regulatory matters of direct concern to higher education or of compelling importance to Vanderbilt University in particular. Institutional efforts with regard to legislation and regulation are directed by the Division of Government and Community Relations, whose function is to keep the university informed of federal, state, and local legislation and policy that has an impact on the university, and when appropriate, to advocate for the university's interest with respect to such policy. Activities of university staff may include contact by letters, phone calls, emails, and meetings with legislators and members of their staff or other government officials. Vanderbilt University pays dues and is a member of several associations that provide information to the higher education community as well as advocate for issues that are important to higher education. A portion of the dues paid to these organizations may be used to engage in lobbying-related activities. Vanderbilt University retains consulting firms to monitor legislative developments and provide counsel on government relations matters. Consultants may engage in direct contact with legislators, their staff, government officials and legislative bodies and engage in communication which may be considered communication which attempts to influence legislations.
Schedule C (Form 990) 2022


Additional Data


Software ID: 23017437
Software Version: 2023v6.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ......... 1  
2 Aggregate value of contributions to (during year) 0  
3 Aggregate value of grants from (during year) 1,000,000  
4 Aggregate value at end of year ........ 35,551,554  
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
Education
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 9,684,196,092 10,206,067,253 10,928,512,328 6,917,370,798 6,270,876,230
b Contributions ... 149,947,785 91,636,549 122,443,535 423,800,008 978,780,332
c Net investment earnings, gains, and losses 876,815,518 -197,457,616 -470,441,456 3,934,880,718 -21,305,654
d Grants or scholarships ... 155,992,194 137,615,126 127,116,659 117,488,246 119,632,223
e Other expenditures for facilities
and programs ... 		307,239,712 278,434,968 247,330,495 230,050,950 191,347,887
f Administrative expenses ....       0 0
g End of year balance ...... 10,247,727,489 9,684,196,092 10,206,067,253 10,928,512,328 6,917,370,798
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow59.3 %
b
Permanent endowment right arrow16.52 %
c
Term endowment right arrow24.18 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....   260,682,899 260,682,899
b Buildings ....   2,322,457,891 1,159,814,391 1,162,643,500
c Leasehold improvements   14,444,589 10,746,460 3,698,129
d Equipment ....   419,726,746 298,705,247 121,021,499
e Other .....   544,113,798 16,557,757 527,556,041
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 2,075,602,068
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) Limited Partnerships		 4,750,228,816 F

(B) Interests in trusts held by others		 26,726,709 F

(C) Other Investments & Securities		 729,368,731 F

(D) Minority Interest		 543,238 F
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 5,506,867,494
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
Actuarial Liability for Annuities Payable 26,400,465
Actuarial Liability for Self Insurance 6,229,782
Government Advances for Student Loans 14,889,612
Fair Value of Securities Sold Short 531,860,000
Lease liabilities 39,818,494




Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 619,198,353
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part III, Line 1a Collections of art - financial statement footnote Purchases for the fine art and library collections are not included in the amounts above as Vanderbilt expenses such items at the time of purchase. As of June 30, 2024, the estimated replacement cost, including processing costs to properly identify, catalog, and shelve materials, for library collections totaled $486.9 million and for fine art collections totaled $50.3 million. Any proceeds from deaccessioned collection items are used for the direct care of existing collections. Direct care is an investment that enhances the life, usefulness, or quality of the collection.
Schedule D, Part III, Line 4 Collections of art - description of collections Vanderbilt maintains various collections of art, historical treasures and other similar assets in departments across the University. Such collections include, but are not limited to, historical drawings; historical scientific instruments; historical furniture; paintings; photography; book collections; and other similar items and artifacts. All such collections further Vanderbilt's exempt purpose by providing historical materials for students and researchers, and by providing cultural, historical and educational opportunities to Vanderbilt students and the community at large through exhibits, displays, and loan or exchange programs.
Schedule D, Part V, Line 4 Intended uses of endowment funds Vanderbilt's endowment funds, as related to Part V, are intended to be used for scholarships, fellowships, endowed academic chair support, and capital and operational support.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Vanderbilt is a tax-exempt organization as described in Section 501(c)(3) of the Internal Revenue Code ("the Code"), and generally is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. Vanderbilt is, however, subject to federal and state income tax on unrelated business income, and provision for such taxes is included in the accompanying consolidated financial statements. Vanderbilt regularly evaluates its tax position and does not believe it has any material uncertain tax positions that require disclosure or adjustment to the consolidated financial statements. The Tax Cuts and Jobs Act ("TCJA") impacts Vanderbilt in several ways, including imposing excise taxes on certain excess compensation and net investment income, and establishing rules for calculating unrelated business taxable income. Vanderbilt has reflected the tax assets, liabilities, and payables in the consolidated financial statements based on reasonable estimates.
Schedule D (Form 990) 2022


Additional Data


Software ID: 23017437
Software Version: 2023v6.0




SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2023Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy on its primary publicly accessible Internet homepage at
all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or through
newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no
solicitation program, in a way that makes the policy known to all parts of the general community it serves? If "Yes," please
describe. If "No," please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . .
3
 
No
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, as modified by Rev. Proc. 2019-22, 2019-22 I.R.B. 1260, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . . . . . . . . . . . . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (2023)
Schedule E (Form 990) (2023)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.
Return Reference Explanation
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Vanderbilt meets the criteria established by Section 4.0 of IRS Revenue Procedure 75-50. Vanderbilt draws a substantial percentage of its students from around the nation and the world, enrolling students of racial minority groups in meaningful numbers, and follows a racially nondiscriminatory policy as to students. Vanderbilt satisfies the publicity requirement by including a statement of the University's racially nondiscriminatory policy as to students in all its brochures and catalogs dealing with student admissions, programs, and scholarships. Vanderbilt also meets the criteria established by Section 3 of IRS Revenue Procedures 2019-22 includes a reference to its racially nondiscriminatory policy on its website and in other written advertising that the University uses as a means of informing prospective students of its programs. Vanderbilt's racially nondiscriminatory policy is as follows: In compliance with federal law, including the provisions of Title VII of the Civil Rights Act of 1964, Title IX of the Education Amendment of 1972, Sections 503 and 504 of the Rehabilitation Act of 1973, the Americans with Disabilities Act (ADA) of 1990, the ADA Amendments Act of 2008, Executive Order 11246, the Vietnam Era Veterans Readjustment Assistant Act of 1974 as amended by the Jobs for Veterans Act, and the Uniformed Services Employment and Reemployment Rights Act, as amended, and the Genetic Information Nondiscrimination Act of 2008 , Vanderbilt University does not discriminate against individuals on the basis of their race, sex, sexual orientation , gender identity , religion, color, national or ethnic origin, age, disability, military service, or genetic information in its administration of educational policies, programs, or activities; admissions policies; scholarship and loan programs; athletic or other University-administered programs; or employment. In addition, the University does not discriminate against individuals on the basis of their gender expression consistent with the University's nondiscrimination policy.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT VANDERBILT PARTICIPATES IN THE FOLLOWING PROGRAMS: FEDERAL PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (FSEOG), FEDERAL DIRECT STAFFORD SUBSIDIZED/UNSUBSIDIZED LOANS, FEDERAL DIRECT GRADUATE PLUS LOANS, FEDERAL DIRECT PARENT LOAN FOR UNDERGRADUATE STUDENTS (PLUS LOANS), FEDERAL NURSING LOAN, FEDERAL WORK STUDY PROGRAM, TENNESSEE STUDENT ASSISTANCE AWARDS, AND THE TENNESSEE EDUCATION LOTTERY SCHOLARSHIP PROGRAM. VANDERBILT ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS AND CONTRACTS FOR ACADEMIC AND SCIENTIFIC RESEARCH.
Schedule E (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v6.0
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right arrow Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right arrow Attach to Form 990.Right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
Central America and the Caribbean 0 2 Grantmaking   195,218
East Asia and the Pacific 0 2 Grantmaking   156,807
Europe (Including Iceland and Greenland) 0 8 Grantmaking   1,673,708
North America (Canada & Mexico only) 0 3 Grantmaking   476,191
Sub-Saharan Africa 0 2 Grantmaking   124,322
East Asia and the Pacific 0 10 Fundraising   51,795
Europe (Including Iceland and Greenland) 0 44 Fundraising   98,955
North America (Canada & Mexico only) 0 24 Fundraising   108,281
East Asia and the Pacific 0 227 Program Services Educational Programs, Research, Conferences, Travel 1,055,606
Europe (Including Iceland and Greenland) 1 957 Program Services Educational Programs, Research, Conferences, Travel 4,287,997
Middle East and North Africa 0 51 Program Services Educational Programs, Research, Conferences, Travel 201,133
North America (Canada & Mexico only) 0 338 Program Services Educational Programs, Research, Conferences, Travel 521,811
Russia and Neighboring States 0 7 Program Services Educational Programs, Research, Conferences, Travel 23,721
South America 0 78 Program Services Educational Programs, Research, Conferences, Travel 340,933
South Asia 0 37 Program Services Educational Programs, Research, Conferences, Travel 255,936
South America 0 2 Grantmaking   151,807
Central America and the Caribbean 0 16 Fundraising   24,005
Central America and the Caribbean 0 78 Program Services Educational Programs, Research, Conferences, Travel 297,914
Central America and the Caribbean 0 2 Investments   962,638,627
Sub-Saharan Africa 0 0 Investments   129,398,286
Europe (Including Iceland and Greenland) 0 4 Investments   64,144,079
North America (Canada & Mexico only) 0 0 Investments   2,981,674
South America 0 16 Fundraising   64,557
Sub-Saharan Africa 0 41 Program Services Educational Programs, Research, Conferences, Travel 258,953
Middle East and North Africa 0 1 Grantmaking   28,626
Middle East and North Africa 0 4 Fundraising   9,092
Sub-Saharan Africa 0 2 Fundraising   4,962
Antarctica 0 1 Program Services Educational Programs, Research, Conferences, Travel 5,308
Middle East and North Africa 0 0 Investments   39,453,101
East Asia and the Pacific 0 0 Investments   16,696,640
South Asia 0 4 Fundraising   27,794
3a Sub-total .... 1 1,792 9,724,221
b Total from continuation sheets to Part I ... 0 169 1,216,033,618
c Totals (add lines 3a and 3b) 1 1,961 1,225,757,839
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Central America and the Caribbean Research 128,158 Check   NOT APPLICABLE NOT APPLICABLE
South America Research 28,501 Check   NOT APPLICAPLE NOT APPLICABLE
North America (Canada & Mexico only) Research 22,402 Check   NOT APPLICABLE NOT APPLICABLE
South America Research 123,306 Check   NOT APPLICABLE NOT APPLICABLE
Sub-Saharan Africa Research 94,322 Wire   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 22,410 Check/Wire   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 30,338 Check/Wire   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 26,860 Check   NOT APPLICABLE NOT APPLICABLE
East Asia and the Pacific Research 124,171 Check   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 682,811 Check/Wire   NOT APPLICABLE NOT APPLICABLE
Sub-Saharan Africa Research 30,000 Wire   NOT APPLICABLE NOT APPLICABLE
Middle East and North Africa Research 28,626 Wire   NOT APPLICABLE NOT APPLICABLE
East Asia and the Pacific Research 32,636 Wire   NOT APPLICABLE NOT APPLICABLE
Central America and the Caribbean Research 67,060 Wire   NOT APPLICABLE NOT APPLICABLE
North America (Canada & Mexico only) Research 111,773 Wire   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 450,000 Wire   NOT APPLICABLE NOT APPLICABLE
North America (Canada & Mexico only) Research 342,017 Electronic   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 304,803 Check   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 23,802 Wire   NOT APPLICABLE NOT APPLICABLE
Europe (Including Iceland and Greenland) Research 132,683 Check/Wire   NOT APPLICABLE NOT APPLICABLE
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
15
3 Enter total number of other organizations or entities .......................MediumBullet
5
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds Vanderbilt University maintains a formal policy defining its procedures for monitoring the use of sponsored funds by subrecipients located outside the United States who are performing a portion of a sponsored project externally awarded to Vanderbilt. The policy provides guidance to ensure that subrecipients conduct their portions of the sponsored projects in compliance with laws, regulations and terms and conditions of awards and subawards and that reimbursed costs incurred by subrecipients are allowed. The policy addresses the roles and responsibilities of the central offices and academic departments of the university and describes the monitoring procedures for each area. The full text of Vanderbilt's Subrecipient Monitoring Guidelines is available online at the following web address: https://finance.vanderbilt.edu/procedures-forms/Subrecipient_Monitoring_Guidelines.pdf
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements ANTARCTICA-Accrual; CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2023
Additional Data


Software ID: 23017437
Software Version: 2023v6.0



SCHEDULE G (Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
Grenzebah Glier and Associates
2100 S Michigan Avenue Suite 2100
 
Chicago, IL60604 		Consulting   No   14,400 -14,400
 
Pentera LLC
8650 Commerce Place Building A Suit
e G
Indianapolis, IN46268 		Consulting   No   16,086 -16,086
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 0 30,486 -30,486
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
TN
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

Baseball Banquet
(event type) 		(b) Event #2

Vandy Golf Day
(event type) 		(c) Other events

1
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
34,526
181,500
12,710
228,736

2
Less: Contributions . . . .
 
181,500
12,710
194,210
3 Gross income (line 1 minus
line 2) . . . . . .
34,526
0
0
34,526



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . . 550     550
7 Food and beverages . . . 30,338 4,431 2,201 36,970
8 Entertainment . . . . 23,008 49,075 1,648 73,731
9 Other direct expenses . . . 6,790 23,464 346 30,600
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 141,851
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -107,325
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
YesNo
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
YesNo
b
If "Yes," explain:
 
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
YesNo
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
YesNo
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G, Part I, Line 2b(v) Payment of Fees or Payment of Expenses The total amount paid to Pentera LLC for Fiscal Year 2024 was $ 16,086 which includes professional fundraising fees of $2,055 and fundraising expenses of $14,031. The contract between Vanderbilt University and Pentera LLC calls for the reimbursement of fundraising expenses incurred by Pentera LLC, such as printing, postage, and advertisting and promotional expesnes, which are invoiced separately from professional service fees.
Schedule G (Form 990) 2023
Additional Data


Software ID: 23017437
Software Version: 2023v6.0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
Vanderbilt University
 
Employer identification number
62-0476822
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) AANP National Conference
5901 Vega Ave
Austin,TX78735 		22-2547543 501(c)(6) 8,000 0 N/A N/A Contribution
(2) Alphacore Inc
304 S Rockford Dr
Tempe,AZ85281 		46-0900048 N/A 254,058 0 N/A N/A Research
(3) American Associates of the STS forum
405 Lexington Ave
New York,NY10174 		27-4000050 501(c)(3) 25,000 0 N/A N/A Contribution
(4) American Council on Education (ACE)
One Dupont Circle NW
Washington,DC20036 		53-0196573 501(c)(3) 12,160 0 N/A N/A Contribution
(5) American Heart Association Inc
7272 Greenville Avenue
Dallas,TX75231 		13-5613797 501(c)(3) 11,651 0 N/A N/A Research
(6) Anita Borg Institute For Women And Technology
1650 South Amphlett Boulevard
San Mateo,CA94402 		77-0480427 501(c)(3) 10,000 0 N/A N/A Contribution
(7) Arizona State University
1100 S McAllister Avenue
Tempe,AZ85281 		86-0196696 GOVT 10,000 0 N/A N/A Research
(8) Association of American Universities (AAU)
1200 New York Ave
NW
Washington,DC20005 		52-1947112 501(c)(3) 159,700 0 N/A N/A Contribution
(9) Augusta University Research Institute Inc
1120 15th St
Augusta,GA30912 		58-1418202 501(c)(3) 473,217 0 N/A N/A Research
(10) Austin Peay State University
601 College St
Clarksville,TN37044 		62-0961836 501(c)(3) 35,321 0 N/A N/A Instruction
(11) Belmont University
1900 Belmont Blvd Barbara Massey Ro
Nashville,TN37212 		62-0465076 501(c)(3) 8,112 0 N/A N/A Instruction
(12) Biomedical Engineering Society (BMES)
8201 Corporate Drive
Landover,MD20785 		36-6212451 501(c)(3) 19,800 0 N/A N/A Contribution
(13) Blacks in Technology
4132 Foxpoint Ridge
Cleves,OH45002 		82-2428981 501(c)(3) 10,000 0 N/A N/A Contribution
(14) Board of Trustees of Michigan State University
426 Auditorium Rd Rm 2 Contract G
Lansing,MI48824 		38-6005984 501(c)(3) 187,883 0 N/A N/A Research
(15) Book 'Em
161 Rains Ave
Nashville,TN37203 		58-2000621 501(c)(3) 6,000 0 N/A N/A Contribution
(16) Boston College
140 Commonwealth Avenue
Chestnut Hill,MA02467 		04-2103545 501(c)(3) 93,542 0 N/A N/A Research
(17) Boys and Girls Club Middle TN
1704 Charlotte Pike
Nashville,TN37203 		62-0540402 501(c)(3) 10,000 0 N/A N/A Contribution
(18) BrightOutcome Inc
1110 W Lake Cook Road
Buffalo Grove,IL60089 		61-1404438 N/A 15,000 0 N/A N/A Research
(19) Carnegie Mellon University
500 Forbes Ave
Pittsburgh,PA15213 		25-0969449 501(c)(3) 362,984 0 N/A N/A Research
(20) Case Western Reserve University
10900 Euclid Ave
Cleveland,OH44106 		34-1018992 501(c)(3) 150,799 0 N/A N/A Research
(21) Centennial Park Conservancy
PO Box 196340
Nashville,TN37219 		58-1609026 501(c)(3) 378,300 0 N/A N/A Sponsorship
(22) Center for Nonprofit Management
1610 54th Ave N
Nashville,TN37209 		58-2000064 501(c)(3) 5,850 0 N/A N/A Contribution
(23) Chattanooga Area Regional Transportation Authority (CARTA)
1617 Wilcox Boulevard
Chattanooga,TN37406 		62-6103220 N/A 38,081 0 N/A N/A Research
(24) Children's Hospital of Philadelphia
34th St and Civic Center Blvd
Lockbox 1457
Philadelphia,PA19104 		23-1352166 501(c)(3) 84,411 0 N/A N/A Research
(25) Christian Brothers University
Christian Brothers University
Memphis,TN38104 		62-0476666 501(c)(3) 31,005 0 N/A N/A Instruction
(26) Civic Design Center
138 2nd Ave North Suite 106
Nashville,TN37201 		31-1743508 501(c)(3) 84,000 0 N/A N/A Contribution
(27) Coalition of Urban and Metropolitan Universities
401 Washington Avenue Third Floor
Towson,MD21204 		30-0091390 501(c)(3) 5,650 0 N/A N/A Contribution
(28) Columbia University
1130 Amsterdam Ave
New York,NY10027 		13-5598093 501(c)(3) 26,166 0 N/A N/A Research
(29) Community Foundation of Middle Tennessee
3421 Belmont Blvd
Nashville,TN37215 		62-1471789 501(c)(3) 52,500 0 N/A N/A Research
(30) Compass Evaluation and Research Inc
5720 Fayetteville Rd
Durham,NC27713 		27-0845506 N/A 53,795 0 N/A N/A Research
(31) Cornell University
Attn Judy Byers
Ithaca,NY14853 		15-0532082 501(c)(3) 133,386 0 N/A N/A Research
(32) Council of Parent Attorneys and Advocates Inc
PO Box 6767
Towson,MD21285 		65-0877085 501(c)(3) 32,494 0 N/A N/A Research
(33) Covenant School The
3833 Cleghorn Avenue
Nashville,TN37215 		62-1471789 501(c)(3) 30,000 0 N/A N/A Research
(34) Cumberland Center Inc
1900 Belmont Blvd
Nashville,TN37212 		20-8691236 501(c)(3) 10,000 0 N/A N/A Contribution
(35) Cystic Fibrosis Foundation - Tennessee Chapter
3401 Mallory Lane
Franklin,TN37067 		13-1930701 501(c)(3) 10,000 0 N/A N/A Contribution
(36) Diagnostic Biochips Inc
802 Cromwell Park Drive
Glen Burnie,MD21061 		46-1715655 N/A 154,172 0 N/A N/A Research
(37) Donald Danforth Plant Science Center
975 N Warson Rd
St Louis,MO63132 		31-1584621 501(c)(3) 141,568 0 N/A N/A Research
(38) Duke University
Office of Research Support
Durham,NC27708 		56-0532129 501(c)(3) 128,950 0 N/A N/A Research
(39) Dynetics Inc
1002 Explorer Blvd
Huntsville,AL35806 		63-0670881 N/A 154,473 0 N/A N/A Research
(40) East Carolina University
1000 East 5th Street
Greenville,NC27858 		56-6000403 N/A 18,396 0 N/A N/A Research
(41) East Tennessee State University
1276 Gilbreath Dr
Box 70565
Johnson City,TN37614 		62-6021046 501(c)(3) 10,447 0 N/A N/A Research
(42) Emory University
1440 CLIFTON RD NE SUITE 108
Atlanta,GA30322 		58-0566256 501(c)(3) 279,767 0 N/A N/A Research
(43) Fisk University
Dean of Financial Aid
1000 17th Ave N
Nashville,TN37208 		62-0202000 501(c)(3) 160,904 0 N/A N/A Research
(44) Florida State University
Sponsored Research Accounting Serv
Tallahassee,FL32306 		59-1961248 GOVT 119,383 0 N/A N/A Research
(45) Friends of Ft Negley Park
1100 Fort Negley Blvd
Nashville,TN37203 		46-5165215 GOVT 7,229 0 N/A N/A Contribution
(46) Frist Art Museum
919 Broadway
Nashville,TN37203 		62-1731492 501(c)(3) 11,000 0 N/A N/A Contribution
(47) George Mason University
Cashiers Office
Fairfax,VA22030 		54-0836354 501(c)(3) 288,694 0 N/A N/A Research
(48) Georgia State University Research Foundation Inc
PO Box 8005
Statesboro,GA30460 		58-2354256 501(c)(3) 37,512 0 N/A N/A Research
(49) Georgia Tech Research Corporation
AMAC
Atlanta,GA30318 		58-0603146 501(c)(3) 108,714 0 N/A N/A Research
(50) Good Neighbor Festivals
2817 West End Avenue 126-439
Nashville,TN37203 		46-3543791 N/A 7,575 0 N/A N/A Contribution
(51) Gordon Research Conferences Inc
512 Liberty Lane
West Kingston,RI02892 		26-0150662 501(c)(3) 9,000 0 N/A N/A Contribution
(52) Greater Nashville Technology Council (NTC)
500 Interstate Blvd S Suite 200
Nashville,TN37210 		62-1794295 501(c)(6) 11,000 0 N/A N/A Contribution
(53) Greenways for Nashville Inc
Metro Board of Parks and Recreation
PO Box 196340
Nashville,TN37203 		62-1570596 501(c)(3) 20,000 0 N/A N/A Contribution
(54) Harris County TX
8410 Lantern Point Dr
Houston,TX77054 		76-0454514 N/A 268,045 0 N/A N/A Research
(55) Harvard University
1033 Massachusetts Ave
Cambridge,MA02138 		04-2103580 501(c)(3) 45,381 0 N/A N/A Research
(56) Helping Music Foundation
615 Main Street H7
Nashville,TN37206 		85-4007271 501(c)(3) 10,000 0 N/A N/A Contribution
(57) Humanities Tennessee
PO Box 60467
807 Main St
Nashville,TN37206 		62-0933337 501(c)(3) 11,000 0 N/A N/A Contribution
(58) Indiana University
1024 East 3rd Street
Bloomington,IN47405 		35-6001673 501(c)(3) 391,587 0 N/A N/A Research
(59) Innovations for Poverty Action A Nonprofit Corporation
655 15th Street NW
Washington,DC20005 		06-1660068 501(c)(3) 78,475 0 N/A N/A Research
(60) Institute for Broadening Participation
PO Box 607
Damariscotta,ME04543 		20-1891162 501(c)(3) 39,584 0 N/A N/A Research
(61) Jackson State University
1400 John R Lynch St
Jackson,MS39217 		64-6000507 501(c)(3) 46,031 0 N/A N/A Contribution
(62) Johns Hopkins University
Office of the Controller
3910 Keswick Rd
Baltimore,MD21211 		52-0595110 501(c)(3) 628,973 0 N/A N/A Research
(63) Kestrel Institute
3260 Hillview Avenue
Palo Alto,CA94304 		13-1837418 501(c)(3) 13,181 0 N/A N/A Contribution
(64) Land Trust for Tennessee
209 10th Ave S STE 530
Nashville,TN37203 		62-1770549 501(c)(3) 10,000 0 N/A N/A Contribution
(65) Launch Tennessee (dba Tennessee Technology Development Corporation)
211 7th Ave N STE 205
Nashville,TN37219 		62-1765738 501(c)(3) 10,000 0 N/A N/A Contribution
(66) Leadership Nashville Fdn
PO Box 190498
Nashville,TN37201 		62-0986090 501(c)(3) 20,000 0 N/A N/A Contribution
(67) Leidos Inc
1750 Presidents St
Reston,VA20190 		95-3630868 N/A 95,546 0 N/A N/A Research
(68) Life Science Tennessee Inc
618 Church Street
Nashville,TN37219 		62-1776913 501(c)(6) 10,000 0 N/A N/A Contribution
(69) Lipscomb University
Student Accounts
Nashville,TN37204 		62-0485733 501(c)(3) 18,000 0 N/A N/A Research
(70) Loyola University Chicago
Sponsored Program Accounting
Chicago,IL60611 		36-1408475 501(c)(3) 46,037 0 N/A N/A Research
(71) Mary Parrish Center
PO Box 60009
Nashville,TN37206 		62-1816561 501(c)(3) 26,000 0 N/A N/A Contribution
(72) Meharry Medical College
1005 DB Todd Blvd
Nashville,TN37208 		62-0488046 501(c)(3) 27,429 0 N/A N/A Contribution
(73) Memorial Sloan - Kettering Cancer Center
633 Third Ave
New York,NY10017 		13-1924236 501(c)(3) 64,524 0 N/A N/A Research
(74) Metropolitan Nashville Public Schools
2400 Fairfax Ave
Nashvii,TN37212 		62-0717138 GOVT 5,500 0 N/A N/A Research
(75) Middle Tennessee State University
WMOT-FM
Murfreesboro,TN37132 		62-6005794 GOVT 56,010 0 N/A N/A Research
(76) Massachusetts Institute of Technology
77 Massachusetts Ave
Cambridge,MA02139 		04-2103594 501(c)(3) 25,000 0 N/A N/A Contribution
(77) Monroe Harding
1 Vantage Way
Nashville,TN37228 		62-0476670 501(c)(3) 13,000 0 N/A N/A Contribution
(78) Mosaic Changemakers
PO Box 90221
Nashville,TN37209 		84-4321038 501(c)(3) 10,000 0 N/A N/A Contribution
(79) NAICU Natl Assoc of Independent Colleges and Unive
555 Marriott Dr
Nashville,TN37214 		62-1155139 501(c)(3) 19,100 0 N/A N/A Contribution
(80) Nashville Area Chamber of Commerce
500 11th Ave N
Nashville,TN37203 		62-0304530 501(c)(6) 34,400 25,000 FMV Printing trade/services (such as printed, bound copies of annual reports) Contribution
(81) Nashville Ballet
3630 Redmon Street
Nashville,TN37209 		47-4340559 501(c)(3) 10,000 0 N/A N/A Contribution
(82) Nashville Children's Theatre
25 Middleton St
Nashville,TN37210 		62-0637709 501(c)(3) 6,000 0 N/A N/A Contribution
(83) Nashville Downtown Partnership Inc
150 4th Avenue North
Nashville,TN37219 		62-1774641 501(c)(6) 22,500 0 N/A N/A Contribution
(84) Nashville Opera Guild
3622 Redmon Street
Nashville,TN37209 		62-1119830 501(c)(3) 20,500 0 N/A N/A Contribution
(85) Nashville Parks Foundation
C/O Metropolitan Board of Parks R
Nashville,TN37219 		47-3639207 501(c)(3) 11,000 0 N/A N/A Contribution
(86) Nashville Public Education Foundation
1207 18th Avenue South
Nashville,TN37212 		48-1266314 501(c)(3) 10,000 0 N/A N/A Contribution
(87) Nashville Public Library Foundation
615 Church Street
Nashville,TN37219 		62-1681766 501(c)(3) 41,037 0 N/A N/A Contribution
(88) Neuralynx Inc
105 Commercial Drive
Bozeman,MT59715 		86-0914311 N/A 87,084 0 N/A N/A Research
(89) North Carolina State University
Office of Contracts and Grants
Raleigh,NC27695 		56-6000756 GOVT 189,763 0 N/A N/A Research
(90) Northern California Institute for Research and Education
4150 Clement St
San Francisco,CA94121 		94-3084159 501(c)(3) 98,865 0 N/A N/A Research
(91) Northwestern University
Accounting Services for Research
Evanston,IL60208 		36-2167817 501(c)(3) 471,312 0 N/A N/A Research
(92) Ohio State Univ Research Foundation
Ohio State University
Columbus,OH43210 		31-6401599 501(c)(3) 548,908 0 N/A N/A Research
(93) Oregon State University
15th Jefferson St
Corvallis,OR97330 		61-1730890 N/A 285,970 0 N/A N/A Research
(94) Park Center
1935 21st Avenue South
Nashville,TN37212 		62-1336640 501(c)(3) 15,000 0 N/A N/A Contribution
(95) Pellissippi State Community College
Accounts Receivable Clerk
Knoxville,TN37933 		62-0938734 GOVT 10,000 0 N/A N/A Research
(96) Pencil Foundation
7199 Cockrill Bend Boulevard
Nashville,TN37209 		58-1475675 501(c)(3) 12,500 0 N/A N/A Contribution
(97) People Loving Nashville
3511 Gallatin Pike Ste 105
Nashville,TN37216 		27-3589196 501(c)(3) 17,000 0 N/A N/A Contribution
(98) Planned Parenthood of Tennessee and North MS
2430 Poplar Avenue Ste 100
Memphis,TN38112 		62-6073178 501(c)(3) 8,000 0 N/A N/A Contribution
(99) Policy Studies Associates Inc
1120 20th St NW Ste 200N
Washington,DC20036 		52-1265755 N/A 122,969 0 N/A N/A Research
(100) Rebuilding Together Nashville
6101 Centennial Blvd
Nashville,TN37209 		62-1593904 501(c)(3) 12,000 0 N/A N/A Contribution
(101) Rector and Visitors of the University of Virginia
290 Massie Rd PO Box 400841
Charlottesville,VA22904 		54-6001796 501(c)(3) 436,535 0 N/A N/A Research
(102) Regents of the University of California
Office of the Secretary and Chief o
1156 High St
Santa Cruz,CA95064 		94-1539563 501(c)(3) 95,385 0 N/A N/A Research
(103) Regents University of California Los Angeles
University of California Los Angele
Los Angeles,CA90024 		95-6006143 501(c)(3) 61,183 0 N/A N/A Research
(104) Reimagining Community Space in MNPS
1207 18th Avenue South
Nashville,TN37212 		48-1266314 501(c)(3) 10,000 0 N/A N/A Contribution
(105) Research Institute at Nationwide Childrens Hospital
700 Childrens Dr c/o Allison Wolf
Columbus,OH43205 		31-6056230 501(c)(3) 90,434 0 N/A N/A Research
(106) Robust Chip Inc
7901 Stoneridge Dr 226
Pleasanton,CA94588 		20-1892175 N/A 200,000 0 N/A N/A Research
(107) Room in the Inn
705 Drexel Street
Nashville,TN37203 		62-0811413 501(c)(3) 13,500 0 N/A N/A Contribution
(108) Rush University Medical Center
1700 W Van Buren St
Chicago,IL60612 		36-2174823 501(c)(3) 90,790 0 N/A N/A Research
(109) Rutgers The State University
Rutgers The State University Of New
Piscataway,NJ08854 		22-6001086 501(c)(3) 99,899 0 N/A N/A Research
(110) Rutherford County Primary Care
1453 Hope Way
Murfreesboro,TN37129 		62-1482091 501(c)(3) 77,690 0 N/A N/A Research
(111) San Diego State University Foundation
2508 Historic Decatur Rd
San Diego,CA92106 		95-2942582 501(c)(3) 60,116 0 N/A N/A Research
(112) Smithsonial Astophysical Observatory
1000 Jefferson Dr SW
Washington,DC20560 		53-0206027 501(c)(3) 130,000 0 N/A N/A Contribution
(113) Society of Critical Care Medicine
500 Midway Drive
Mount Prospect,IL60056 		23-7104387 501(c)(3) 55,101 0 N/A N/A Research
(114) Special Olympics Tennessee
461 Craighead St
Nashville,TN37204 		23-7348136 501(c)(3) 10,000 0 N/A N/A Contribution
(115) Stanford University
PO Box 20466
Stanford,CA94309 		94-1156365 501(c)(3) 898,895 0 N/A N/A Contribution
(116) State of Colorado
1500 Illinois St
Golden,CO80401 		84-6000551 GOVT 19,368 0 N/A N/A Research
(117) State University of Iowa
Belin-Blank Center 600 Blank Honors
Iowa City,IA52242 		42-6004813 501(c)(3) 217,408 0 N/A N/A Research
(118) Tennessee Board of Regents
1 Bridgestone Park 3rd Fl
Nashville,TN37214 		62-0877872 GOVT 9,994 0 N/A N/A Contribution
(119) Tennessee Chamber of Commerce & Industry
414 Union St Ste 107
Nashville,TN37219 		62-1236022 501(c)(6) 40,000 0 N/A N/A Contribution
(120) Tennessee College Access & Success Network (TCASN)
1704 Charlotte Avenue
Nashville,TN37203 		45-4475679 501(c)(3) 7,500 0 N/A N/A Contribution
(121) Tennessee Disability Coalition
PO Box 90145
Nashville,TN37206 		62-1447320 501(c)(3) 138,193 0 N/A N/A Research
(122) Tennessee Performing Arts Ctr
505 Deaderick St
Nashville,TN37243 		58-1320590 501(c)(3) 45,000 0 N/A N/A Contribution
(123) Tennessee Pride Chamber
PO BOX 330971
Nashville,TN37210 		30-0856323 501(c)(3) 10,000 0 N/A N/A Contribution
(124) Tennessee Sports Hall of Fame
501 Broadway
Nashville,TN37203 		23-7036422 501(c)(3) 10,000 0 N/A N/A Contribution
(125) Tennessee State Museum Fdn Inc
Polk Cultural Center 505 Deaderick
Nashville,TN37243 		13-1837418 501(c)(3) 7,000 0 N/A N/A Contribution
(126) Tennessee State University
Director of Sponsored Research
Nashville,TN37209 		62-0786119 501(c)(3) 134,495 0 N/A N/A Contribution
(127) Tennessee Technological University
Box 5036
Cookeville,TN38505 		62-0646806 501(c)(3) 47,660 0 N/A N/A Research
(128) Texas A&M Engineering Experiment Station
400 Harvey Mitchell Pkwy South
College Station,TX77845 		74-1974733 501(c)(3) 59,892 0 N/A N/A Research
(129) The Board of Trustees of the University of Alabama
500 University Blvd East
Tuscaloosa,AL35487 		63-6001138 501(c)(3) 16,993 0 N/A N/A Contribution
(130) The Board of Trustees of the University of Illinois
352 Henry Administration Building
MC-350
Urbana,IL61801 		37-6000511 501(c)(3) 435,083 0 N/A N/A Research
(131) The Conference Board Inc
Accounting Department 845 3rd Aven
New York,NY10022 		13-1624108 501(c)(3) 16,000 0 N/A N/A Contribution
(132) The Equity Alliance
Po Box 331821
Nashville,TN37203 		81-5394158 501(c)(3) 10,000 0 N/A N/A Contribution
(133) The General Hospital Corporation dba Massachusetts General Hospital
399 Revolution Dr
Somerville,MA02145 		04-2697983 501(c)(3) 21,291 0 N/A N/A Research
(134) The Learning Agency Lab
2307 S Rural Rd
Tempe,AZ85282 		84-2365060 501(c)(3) 664,681 0 N/A N/A Research
(135) The Medical College of Wisconsin
8701 Watertown Plank Road
Milwaukee,WI53226 		39-0806261 501(c)(3) 35,172 0 N/A N/A Research
(136) The Nashville Food Project
5904 California Avenue
Nashville,TN37209 		45-2905951 501(c)(3) 20,000 0 N/A N/A Contribution
(137) The National Museum Of African American Music
510 Broadway
Nashville,TN37203 		62-1867910 501(c)(3) 150,000 0 N/A N/A Contribution
(138) The Ohio State University
Office of Sponsored Programs
Columbus,OH43210 		31-6025986 501(c)(3) 209,097 0 N/A N/A Research
(139) The Pennsylvania State University
150 South College Street
Carlisle,PA17013 		24-6000376 GOVT 208,808 0 N/A N/A Research
(140) The Scripps Research Institute
10550 N Torrey Pines Rd
La Jolla,CA92037 		33-0435954 501(c)(3) 51,003 0 N/A N/A Research
(141) The Trustees of the University of Pennsylvania
Trustees
Philadelphia,PA19104 		23-1352685 501(c)(3) 124,376 0 N/A N/A Research
(142) The University of Tennessee
The University of Tennessee
Knoxville,TN37996 		62-6001636 GOVT 1,336,054 0 N/A N/A Research
(143) TICUA-TN Independ Colleges and Universities Assoc
1031 17th Ave S
Nashville,TN37212 		62-1155139 501(c)(3) 90,633 0 N/A N/A Contribution
(144) Timothy Jon Fraser Consulting LLC
7520 Coddle Harbor Ln
Potomac,MD20854 		88-3132734 N/A 219,765 0 N/A N/A Research
(145) United Neighborhood Health Services Inc
2711 Foster Avenue
Nashville,TN37210 		62-1032792 501(c)(3) 97,069 0 N/A N/A Research
(146) University Corporation for Atmospheric Research
3090 Center Green Dr
Boulder,CO80307 		84-0412668 501(c)(3) 7,855 0 N/A N/A Research
(147) University of Alabama at Birmingham
Student Accounting Services
Birmingham,AL35294 		63-6005396 501(c)(3) 195,154 0 N/A N/A Research
(148) University of Arizona
845 N Park Ave
Tuscon,AZ85721 		74-2652689 501(c)(3) 45,000 0 N/A N/A Contribution
(149) University of California Berkeley
Sponsored Projects Office
Berkeley,CA94704 		94-6002123 501(c)(3) 43,739 0 N/A N/A Research
(150) University of California Davis
One Sheilds Ave
Davis,CA95616 		94-6036494 501(c)(3) 225,515 0 N/A N/A Research
(151) University of California San Diego
Office of Contract Grant Admin
La Jolla,CA92093 		95-6006144 501(c)(3) 160,272 0 N/A N/A Research
(152) University of California San Francisco
Office of Sponsored Research
San Francisco,CA94143 		94-6036493 501(c)(3) 457,490 0 N/A N/A Research
(153) University of California Santa Cruz
1156 High Street
Santa Cruz,CA95064 		94-1539563 501(c)(3) 44,075 0 N/A N/A Research
(154) University of Central Florida
12424 Research Parkway Suite 300
Orlando,FL32826 		59-2924021 501(c)(3) 48,487 0 N/A N/A Research
(155) University of Chicago
111 W Washington Street Suite 1023
Chicago,IL60602 		36-2177139 501(c)(3) 138,635 0 N/A N/A Research
(156) University of Colorado
1800 Grant St
Denver,CO80203 		84-6000555 501(c)(3) 30,386 0 N/A N/A Contribution
(157) University of Connecticut
438 Whitney Rd Extension Unit 1133
Storrs Mansfield,CT06269 		06-0772160 GOVT 163,507 0 N/A N/A Research
(158) University of Delaware
220 Hullihen Hall
Newark,DE19716 		51-6000297 501(c)(3) 44,624 0 N/A N/A Research
(159) University of Denver
Bursars Ofc Third Party Billing
Denver,CO80208 		84-0404231 501(c)(3) 105,770 0 N/A N/A Research
(160) University of Florida
CFO- Contracts Grants P O Box 113
Gainesville,FL32611 		59-6002052 501(c)(3) 61,465 0 N/A N/A Research
(161) University of Georgia Research Foundation Inc
310 East Campus Road
Athens,GA30602 		58-1353149 501(c)(3) 85,193 0 N/A N/A Research
(162) University of Kansas Center for Research Inc
2385 Irving Hill Road
Lawrence,KS66045 		48-0680117 501(c)(3) 40,306 0 N/A N/A Research
(163) University of Kentucky Research Foundation
109 Kinkead Hall
Lexington,KY40506 		61-6033693 501(c)(3) 245,929 0 N/A N/A Research
(164) University of Louisville Research Foundation Inc
300 East Market St Ste 300
Louisville,KY40202 		61-1029626 501(c)(3) 206,459 0 N/A N/A Research
(165) University of Maryland
University of Maryland
College Park,MD20742 		52-6002033 N/A 79,353 0 N/A N/A Contribution
(166) University of Memphis
Bursars Office
Memphis,TN38152 		62-0648618 501(c)(3) 582,807 0 N/A N/A Contribution
(167) University of Michigan
3003 S State Street
Ann Arbor,MI48109 		38-6006309 501(c)(3) 202,198 0 N/A N/A Research
(168) University of Minnesota Regents
Regents of the Univ of Minnesota
Minneapolis,MN55455 		41-6007513 501(c)(3) 495,823 0 N/A N/A Research
(169) University of Missouri
Research Animal Diagnostic Lab
Columbia,MO65201 		43-6003859 501(c)(3) 129,447 0 N/A N/A Research
(170) University of North Alabama
UNA Box 5001
Florence,AL35632 		63-0814488 501(c)(3) 295,933 0 N/A N/A Research
(171) University of North Carolina at Greensboro
PO Box 26170
Greensboro,NC27402 		56-6001468 501(c)(3) 159,242 0 N/A N/A Research
(172) University of North Texas Health Science Center
PO Box 99335
Fort Worth,TX76199 		75-6064033 501(c)(3) 184,676 0 N/A N/A Research
(173) University of Oregon
1600 Millrace Drive Suite 207
Eugene,OR97403 		46-4727800 GOVT 155,345 0 N/A N/A Research
(174) University of Pittsburgh
University of Pittsburgh Press
Pittsburgh,PA15213 		25-0965591 501(c)(3) 375,506 0 N/A N/A Research
(175) University of South Alabama
171 Jaguar Dr HKS Rm 1065
Mobile,AL36688 		63-0477348 501(c)(3) 262,238 0 N/A N/A Research
(176) University of South Florida
Attn Research Projects Receivables
Orlando,FL32886 		59-3102112 GOVT 389,718 0 N/A N/A Research
(177) University of Tennessee at Chattanooga
Office Of Grants And Research
Chattanooga,TN37403 		62-6001636 GOVT 51,180 0 N/A N/A Research
(178) University of Texas at Austin
2500 Speedway MBB1220E
Austin,TX78712 		74-6000203 GOVT 1,363,800 0 N/A N/A Research
(179) University of Texas Southwestern Medical Center
5323 Harry Hines Blvd
Dallas,AR75390 		75-6002868 501(c)(3) 7,945 0 N/A N/A Research
(180) University of Utah
201 S Presidents Circle Room 411
Salt Lake City,UT84112 		87-6000525 501(c)(3) 173,847 0 N/A N/A Research
(181) University of Washington
Grant Contract Accounting
Seattle,WA98105 		91-6001537 GOVT 394,798 0 N/A N/A Research
(182) University of Wisconsin System
WI Center of Education Research
Madison,WI53706 		39-1805963 GOVT 654,410 0 N/A N/A Research
(183) Urban League of Middle Tennessee
2250 Rosa L Parks Blvd
Nashville,TN37228 		62-0795167 501(c)(3) 6,850 0 N/A N/A Contribution
(184) UT- Battelle LLC
1 BETHEL VALLEY ROAD
Oak Ridge,TN37831 		62-1788235 N/A 5,977 0 N/A N/A Research
(185) Vanderbilt University Medical Center
1160 21st Ave South
Nashville,TN37232 		35-2528741 501(c)(3) 46,951,845 0 N/A N/A Research
(186) Virginia Commonwealth University
Grants Contracts Accounting PO Bo
Richmond,VA23284 		54-6001758 501(c)(3) 64,913 0 N/A N/A Research
(187) Voices for a Safer Tennessee
3833 Cleghorn Avenue Ste 400
Nashville,TN37215 		62-1471789 501(c)(3) 10,000 0 N/A N/A Contribution
(188) Wake Forest University Health Sciences
MEDICAL CENTER BLVD
Winston Salem,NC27157 		22-3849199 501(c)(3) 229,251 0 N/A N/A Research
(189) Washington State University
POST OFFICE BOX 641025
Pullman,WA99164 		91-6001108 501(c)(3) 90,440 0 N/A N/A Research
(190) Washington University
School of Medicine
St Louis,MO63110 		43-0653611 501(c)(3) 50,013 0 N/A N/A Research
(191) Williamson County Chamber of Commerce dba Williamson Inc
4031 Aspen Grove Drive
Franklin,TN37067 		36-4720381 501(c)(6) 35,000 0 N/A N/A Contribution
(192) Yale University
47 College Street / Suite 203
New Haven,CT06520 		06-0646973 501(c)(3) 767,113 0 N/A N/A Contribution
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
168
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
24
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2023

Schedule I (Form 990) 2023
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) Student Financial Assistance - Tuition, Room & Board and Student Hardship Fund 10856 443,070,006 0 N/A N/A
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Subrecipient Grants: Vanderbilt University maintains a formal policy defining its procedures for monitoring the use of sponsored funds by subrecipients located within the United States who are performing a portion of a sponsored project externally awarded to Vanderbilt. The policy provides guidance to ensure that subrecipients conduct their portions of the sponsored projects in compliance with laws, regulations and terms and conditions of awards and subawards and that reimbursed costs incurred by subrecipients are allowed. The policy addresses the roles and responsibilities of the central offices and academic departments of the university and describes the monitoring procedures for each area. The full text of Vanderbilt's Subrecipient Monitoring Guidelines is available online at the following web address: https://finance.vanderbilt.edu/researchfinance/SubrecipientMonitoringGuidelines.pdf Financial Aid: Assistance offered from institutional funds by Vanderbilt to our students is awarded on the basis of merit and/or financial need. Such assistance helps students and their families support the cost of attendance which includes tuition, mandatory fees, room & board, books, other course materials/supplies, and allowances for personal/miscellaneous and travel expenses. Merit-based awards are competitively awarded in recognition of academic achievement, leadership, and commitment to community service, contributions to society, and other forms of accomplishment. Need-based assistance is awarded on the basis of documented financial need, resulting from a need analysis evaluation accomplished in accordance with relevant and applicable federal, state, and/or institutional programs, policies, and eligibility requirements. The units responsible for administering student financial aid at Vanderbilt regularly initiate system-generated reviews, as well as other cross-checks on an ad hoc basis. Results from these reviews, along with recurring management reports, are regularly evaluated. Subsequently, follow-up corrective actions are taken when appropriate and potentially include award revisions or cancellations. These provisions are designed to help ensure that student assistance funds are awarded to eligible recipients, in accordance with applicable federal, state, institutional, and other program legislation, as well as relevant internal University policies and operational guidelines/criteria.
Schedule I (Form 990) 2023



Additional Data


Software ID: 23017437
Software Version: 2023v6.0


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
Yes
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Daniel Diermeier
See Schedule O 		(i)

(ii)		 1,521,926
-------------
0 		616,875
-------------
0 		288,997
-------------
0 		367,413
-------------
0 		14,691
-------------
0 		2,809,902
-------------
0 		0
-------------
0
2Nicholas S Zeppos
See Schedule O 		(i)

(ii)		 218,072
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		218,072
-------------
0 		0
-------------
0
3Andre L Churchwell
See Schedule O 		(i)

(ii)		 631,021
-------------
0 		75,996
-------------
0 		7,045
-------------
0 		16,302
-------------
0 		22,219
-------------
0 		752,583
-------------
0 		0
-------------
0
4Steve Ertel
See Schedule O 		(i)

(ii)		 372,847
-------------
0 		94,245
-------------
0 		610
-------------
0 		41,302
-------------
0 		85,764
-------------
0 		594,768
-------------
0 		0
-------------
0
5Nathan Green
See Schedule O 		(i)

(ii)		 382,210
-------------
0 		82,294
-------------
0 		1,778
-------------
0 		9,900
-------------
0 		65,638
-------------
0 		541,820
-------------
0 		0
-------------
0
6Anders W Hall
See Schedule O 		(i)

(ii)		 1,040,180
-------------
0 		2,431,425
-------------
0 		2,529,906
-------------
0 		2,161,563
-------------
0 		82,919
-------------
0 		8,245,993
-------------
0 		1,749,450
-------------
0
7Eric C Kopstain
See Schedule O 		(i)

(ii)		 592,518
-------------
0 		126,575
-------------
0 		23,742
-------------
0 		86,302
-------------
0 		16,298
-------------
0 		845,435
-------------
0 		0
-------------
0
8Candice S Lee
See Schedule O 		(i)

(ii)		 991,216
-------------
0 		126,563
-------------
0 		104,810
-------------
0 		41,302
-------------
0 		27,022
-------------
0 		1,290,913
-------------
0 		83,333
-------------
0
9John M Lutz
See Schedule O 		(i)

(ii)		 931,384
-------------
0 		181,443
-------------
0 		372,064
-------------
0 		16,302
-------------
0 		20,667
-------------
0 		1,521,860
-------------
0 		315,000
-------------
0
10C Cybele Raver
See Schedule O 		(i)

(ii)		 782,689
-------------
0 		175,305
-------------
0 		28,480
-------------
0 		16,302
-------------
0 		21,276
-------------
0 		1,024,052
-------------
0 		0
-------------
0
11Ruby Shellaway
See Schedule O 		(i)

(ii)		 633,725
-------------
0 		160,050
-------------
0 		21,318
-------------
0 		16,302
-------------
0 		40,761
-------------
0 		872,156
-------------
0 		0
-------------
0
12Brett C Sweet
See Schedule O 		(i)

(ii)		 1,220,600
-------------
0 		349,944
-------------
0 		178,512
-------------
0 		286,302
-------------
0 		65,670
-------------
0 		2,101,028
-------------
0 		51,429
-------------
0
13Lawrence J Marnett
See Schedule O 		(i)

(ii)		 635,411
-------------
0 		0
-------------
0 		36,972
-------------
0 		16,302
-------------
0 		22,884
-------------
0 		711,569
-------------
0 		0
-------------
0
14John Geer
See Schedule O 		(i)

(ii)		 667,627
-------------
0 		59,853
-------------
0 		338,714
-------------
0 		16,302
-------------
0 		29,275
-------------
0 		1,111,771
-------------
0 		270,000
-------------
0
15John Kuriyan
See Schedule O 		(i)

(ii)		 751,305
-------------
0 		325,000
-------------
0 		17,749
-------------
0 		16,302
-------------
0 		30,283
-------------
0 		1,140,639
-------------
0 		0
-------------
0
16Timothy C Corbin
See Schedule O 		(i)

(ii)		 1,681,446
-------------
0 		133,500
-------------
0 		4,510
-------------
0 		282,673
-------------
0 		21,668
-------------
0 		2,123,797
-------------
0 		0
-------------
0
17Clark Lea
See Schedule O 		(i)

(ii)		 3,477,576
-------------
0 		162,500
-------------
0 		23,040
-------------
0 		16,302
-------------
0 		31,719
-------------
0 		3,711,137
-------------
0 		0
-------------
0
18Derek Mason
See Schedule O 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		2,166,660
-------------
0 		0
-------------
0 		0
-------------
0 		2,166,660
-------------
0 		0
-------------
0
19Jerry Stackhouse
See Schedule O 		(i)

(ii)		 3,673,800
-------------
0 		490,702
-------------
0 		23,148
-------------
0 		278,802
-------------
0 		1,830
-------------
0 		4,468,282
-------------
0 		0
-------------
0
20Randall Thomas
See Schedule O 		(i)

(ii)		 927,872
-------------
0 		0
-------------
0 		14,843
-------------
0 		16,302
-------------
0 		26,718
-------------
0 		985,735
-------------
0 		0
-------------
0
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 1a First-class or charter travel Vanderbilt excludes first-class and charter travel from taxable income when a documented business purpose is served. First-class or charter travel - Travelers should fly via commercial airline and work to obtain the lowest fare possible. Business class or first class seating may only be used if the traveler's Vice Chancellor provides approval in writing in advance. This approval is only provided for limited circumstances as provided in Vanderbilt's Travel and Business Expense Policy. In cases where it is not possible to fly commercial due to scheduling commitments, and the travel is of the highest importance, travelers may request that the Chancellor approve a charter flight. After weighing the benefits of the trip against the cost of the charter, the chancellor may approve a charter flight. The Board of Trust has approved first class and charter travel for the Chancellor when necessitated by his schedule. Per Vanderbilt's athletics travel policy, the Vice Chancellor for University Affairs and Athletics can approve non-student travel on team charter flights, when there are extra seats, without requiring reimbursement to the university since the charter fee is not determined by the number of actual passengers. 3 officers, 2 highest compensated employees, and 1 key employee were provided first-class or charter travel that was not included in taxable compensation. 1 officer was provided first-class or charter travel that was included in taxable compensation.
Schedule J, Part I, Line 1a Travel for companions 1 officer and 1 highest compensated employee were provided companion travel that was not included in taxable compensation because a business purpose existed for the companions' travel. 1 officer was provided travel for their companion that was included in taxable compensation.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments 1 officer, 1 key employee and 1 highest compensated employee was provided tax indemnification and gross-up payments that was included in taxable compensation.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use 1 officer was provided a housing allowance that was included in taxable compensation.
Schedule J, Part I, Line 4a Severance or change-of-control payment Certain Individuals Listed in Form 990, Schedule J, Part II received a severance payment in connection to their termination of status as an officer or employee. 1 payout was made under a severance agreement: Derek Mason: $2,166,660
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Certain individuals listed in Form 990. Schedule J, Part II, participate in nonqualified deferred compensation plans. Amounts contributed to the plans include fixed %s of annual bonus payments, and fixed dollar amounts. Contributions to the plan vest when individuals complete their contract term or continue employment to a designated date. Current year accruals of compensation associated with these plans are included in the amounts reported for such individuals in Schedule J, Part II, Column (C). The payout of these amounts in future years will be included in the amounts reported in Schedule J, Part II, Column (B)(iii), and will also be reported in Schedule J, Part II, Column (F). Five payouts were made under these plans to participating individuals in calendar year 2023. John Geer: $300,000 Anders Hall: $2,479,014 Candice Lee: $100,000 John Lutz: $350,000 Brett Sweet: $150,000
Schedule J, Part I, Line 7 Non-fixed payments Certain individuals listed in Schedule J, Part II received variable incentive compensation based on the achievement of pre-established goals, where judgement was determined either by the Board of Trust or the Chancellor. Incentive payments are shown in Schedule J, Part II, Column B(ii).
Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception Certain individuals are, from time to time, serving under the provisions of their initial contract to serve as officers of the university, which principally establishes their compensation, responsibilities and duties.
Schedule J (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v6.0

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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
Vanderbilt University
 
Employer identification number
62-0476822
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A HEFB of Metro Nashville & Davidson Co TN
  		62-6139016 000000000 02-14-2023 100,000,000 SEE PART VI   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 0      
2 Amount of bonds legally defeased .............. 0      
3 Total proceeds of issue .................. 100,271,992      
4 Gross proceeds in reserve funds ............. 0      
5 Capitalized interest from proceeds ............. 0      
6 Proceeds in refunding escrows ............... 0      
7 Issuance costs from proceeds ............... 146,064      
8 Credit enhancement from proceeds ............. 0      
9 Working capital expenditures from proceeds ............. 0      
10 Capital expenditures from proceeds ............. 100,125,923      
11 Other spent proceeds ............. 0      
12 Other unspent proceeds ............. 5      
13 Year of substantial completion .............
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........ 		  X            
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........ 		  X            
16 Has the final allocation of proceeds been made? ..........   X            
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................                
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 2
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X            
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X            
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X              
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X              
c Are there any research agreements that may result in private business use of bond-financed property? ............. X              
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X              
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government .... 0 %      
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... 0 %      
6 Total of lines 4 and 5 ............. 0 %      
7 Does the bond issue meet the private security or payment test? ...   X            
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X            
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X              
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X            
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? ....... X              
b Exception to rebate? ........                
c No rebate due? .........                
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X              
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X            
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X            
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X            
7 Has the organization established written procedures to monitor the requirements of section 148? ... X              
Part Ⅴ
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X              
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I, Column (a) Row A - Full Issuer Name THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TN (HEFB of Metro Nashville & Davidson Co., TN)
Schedule K, Part I, Column (f) Row A - Description of Purpose TO FINANCE VARIOUS CAPITAL IMPROVEMENTS; TO PAY FOR COSTS OF ENGINEERING, FISCAL, ARCHITECTURAL, PROFESSIONAL ADVISORY, AND LEGAL EXPENSES INCURRED IN CONNECTION WITH SUCH CAPITAL IMPROVEMENTS AND THE ISSUANCE OF THE NOTE
Schedule K, Part II, Line 3 Proceeds DIFFERENCE BETWEEN PART I, COLUMN (e) AND PART II, LINE 3 IS INVESTMENT EARNINGS.
Schedule K, Part I, Column (e) Issue Price The issue price listed in Part I, Row A, Col. (e) is different from the issue price listed on Part III, Line 21(b) of IRS Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues, filed for Tax Program One of the Issuer's Tax-Exempt Commercial Paper Notes, the proceeds of which were loaned to Vanderbilt University. The amount disclosed in Part I, Row A, Col. (e), $100,000,000, represents the amount of tax-exempt commercial paper notes issued as of June 30, 2024, under Tax Program One. Pursuant to Treasury Regulation §1.150-1(c)(4)(ii), the Issuer and Vanderbilt University will treat the notes issued pursuant to Tax Program One as a single issue with the issue date shown in Part I, Row A, Col. (d), which is the first date the aggregate amount of commercial paper issued under Tax Program One exceeded the lesser of $50,000 or 5% of the aggregate issue price of the commercial paper in Tax Program One. As of the date the Form 8038 was filed, the amount of tax-exempt commercial paper notes to be issued during Tax Program One was not known. For purposes of filing the Form 8038, the Issuer and Vanderbilt University assumed an issue price of $300,000,000, which is the maximum amount available under the tax-exempt commercial paper program; however, the Vanderbilt University reserves the right to make a final allocation of the proceeds of the notes actually issued during Tax Program One within the time period required by Treasury Regulation §1.148-6(d)(1)(iii).
Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: HEFB of Metro Nashville & Davidson Co., TN N/A
Schedule K (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v6.0

Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
(1) C Cybele Raver
  		Current Officer Housing Loan   X 500,000 470,938   No   No Yes  
Total ............... $ 470,938
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1)  
  		  115,514 Tuition assistance Tuition benefits to assist individuals to fund education costs.
(2)  
  		  128,190 Merit-Based Scholarships Scholarships to assist individuals to fund education costs
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2023
Schedule L (Form 990) 2023
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) Andrew Lee
  		Family member of current officer Candice Lee 65,914 Employment at Vanderbilt   No
(2) Marisa C Smith
  		Family member of former officer Andre Churchwell 53,857 Employment at Vanderbilt   No
(3) Nashville Soccer Club
  		Greater than 35% of the entity is owned by current trustee John Ingram 408,067 Transactions conducted in the ordinary course of business   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v6.0




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large image Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large image Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 653 Market value
5 Clothing and household
goods ....... 		X 3,125 Market value
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 325 29,287,583 Market value
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 1 1 Market value
19 Food inventory ... X 2 2,450 Market value
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts .... X 1 1 Market value
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Donor paid expenses ) X 2 19,892 Market value
26 Other Right pointing arrow large image ( Software ) X 1 1,782,120 Market value
27 Other Right pointing arrow large image ( Miscellaneous equipment ) X 3 225,635 Market value
28 Other Right pointing arrow large image ( Other- Miscellaneous ) X 22 2,895 Market value
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
1
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2023)
Schedule M (Form 990) (2023)
Page 2
Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M, Part I Reporting Method for Number of Contributions Vanderbilt reports the number of contributions received throughout the year for each type of property listed.
Schedule M (Form 990) (2023)

Additional Data


Software ID: 23017437
Software Version: 2023v6.0
SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Return Reference Explanation
Form 990, Part I, Line 1 Description of Organization Mission Vanderbilt is a center for scholarly research, informed and creative teaching, and service to the community and society at large. Vanderbilt will uphold the highest standards and be a leader in the quest for new knowledge through scholarship, dissemination of knowledge through teaching and outreach, and creative experimentation of ideas and concepts. In pursuit of these goals, Vanderbilt values most highly the intellectual freedom that supports open inquiry and equality, compassion and excellence in all endeavors.
Form 990, Part III, Line 1 Description of Organization Mission See Disclosure Above.
Form 990, Part III, Line 4a Education Vanderbilt is among a unique set of independent universities that offers both a high-quality undergraduate program and a full range of top-ranked graduate and professional degree programs. Its world-class faculty consists of more than 2,400 full-time members, and the diverse student body is more than 12,000 strong across 10 schools and colleges. Vanderbilt's ten schools and colleges include: College of Arts and Science, Blair School of Music, Divinity School, School of Engineering, Graduate School, Law School, School of Medicine, School of Nursing, Owen Graduate School of Management, and Peabody College (of education and human development). Vanderbilt has approximately 7,221 undergraduate students, 6,354 graduate and professional students, and an 7:1 student-to-faculty ratio. For more information regarding education at Vanderbilt, visit http://www.vanderbilt.edu.
Form 990, Part III, Line 4b Academic and Scientific Research Vanderbilt is an internationally recognized research university. A majority of Vanderbilt's research funding is received from the federal government. Funding is also received from foundations, associations, corporations, and other sources. Vanderbilt's researchers are at the forefront of posing innovative solutions to some of the most challenging questions facing the world today. For more information regarding research at Vanderbilt, visit http://research.vanderbilt.edu
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons John R. Ingram and Adolpho Birch - Business relationship, Steve Ertel, Eric Kopstain, and Brett Sweet - Business relationship, Candice Lee and Brett Sweet - Business relationship, Anders Hall and Ruby Shellaway - Business relationship, Daniel Diermeier, Brett Sweet, & Ruby Shellaway - Business relationship, John Ingram, Daniel Diermeier, & Brett Sweet - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by Vanderbilt University and provided to PricewaterhouseCoopers, Vanderbilt University's independent accounting firm for review. After review by PricewaterhouseCoopers, Vanderbilt University provides a draft copy of the Form 990 and all required schedules for review to all General Officers, which includes the Chancellor and Chief Financial Officer. Once this review process is complete, all trustees are provided electronic access to the draft Form 990 and all required schedules for review. The final Form 990 and all required schedules are made available to the full Board of Trust for review via Boardbooks prior to the filing of the return.
Form 990, Part VI, Line 12c Conflict of interest policy Under the Vanderbilt University Conflict of Interest and Commitment Policy (the "Policy"), all Board of Trust members, senior executives, and faculty, and most staff are required to disclose any potential conflicts of interest in accordance with the Policy. Vanderbilt University requires that for any faculty or staff member disclosing a potential conflict of interest, the conflict be reviewed by the individual's dean or the dean's designee (for faculty) or supervisor (for staff), as well as by the conflict of interest and commitment management office, and the reported conflict be managed, reduced, or eliminated. The responsible reviewer is required to respond that any recommended management plan has been implemented or that the reported conflict no longer exists. For those conflicts in which Vanderbilt may have an institutional interest, those in which human subject research is performed, or those deemed unmanageable, the university conflicts committee reviews and determines appropriate actions. The University Conflicts Committee members are appointed by the Chancellor and are made up of representatives from relevant areas across the University including faculty, audit, research, legal, administrative, and compliance. At least one representative on the Committee is a person from outside the University community. The University's General Counsel serves as the chair of the Committee. The Committee reports bi-annually to the Audit Committee of the Board of Trust the matters brought before the committee and the resulting actions. Board of Trust members and senior executives of the university also must complete annual conflict of interest disclosures and management plans are developed to manage, reduce, or eliminate any potential conflicts of interest. Trustees and senior executives are notified of their management plans and asked to review and approve of them or pose any questions or comments that are then resolved to ensure compliance. Those with disclosed potential conflict of interest are presented to the Audit Committee of the Board of Trust, along with their respective management action plans, where applicable. Management plans may include restrictions on members such as recusing themselves during deliberations and decisions in which a potential conflict may exist, with the minutes of the meeting reflecting their recusal. Emeritus trustees are exempt from the disclosure requirements. Additionally, all Board of Trust members, senior executives, and faculty, and most staff are required to disclose potential conflicts as they arise throughout the year in accordance with the Policy. The same processes noted above occur for these disclosures.
Form 990, Part VI, Line 15a Process to establish compensation of top management official To ensure that Vanderbilt is paying reasonable total compensation, is not violating the private inurement prohibition, which requires that none of the organization's income or assets unreasonably benefit any of its trustees, officers, or key employees, and is in compliance with intermediate sanctions provisions with respect to the general officers, Vanderbilt's Board of Trust has designated a Compensation Committee made up of outside, independent, board members to review and approve total compensation annually for the vice chancellors, and review and approve total compensation annually for the chancellor for recommendation to the Executive Committee of the Board of Trust . The committee utilizes appropriate, nationally-recognized consulting firms to conduct market compensation analyses, provide expert information, and issue reasonableness opinions regarding comparative compensation norms, and to ensure compliance with all Internal Revenue Service rules concerning executive compensation, including the Internal Revenue Code provision related to intermediate sanctions, deferred compensation, and private inurement. The Compensation Committee reviews the executive compensation philosophy and affirms that it is in line with the Board's expectations. The compensation of the general officers is disclosed in the annual Form 990, which is available to the public in accordance with regulations section 301.6104(d)-1 through 3. Each year, the total compensation review and recommendations are recorded in the minutes of the Compensation Committee meetings. The approval of the recommendations for the chancellor is further recorded in the minutes of the Executive Committee meetings. The full Board is informed annually of the total compensation of the general officers during executive session.
Form 990, Part VI, Line 15b Process to establish compensation of other employees Vanderbilt uses the same procedures as described in response to Part VI, Line 15a.
Form 990, Part VI, Line 19 Required documents available to the public Vanderbilt University makes its governing documents available to the public through its Board of Trust website located at: http://www.vanderbilt.edu/boardoftrust. Vanderbilt University makes its conflict-of-interest policy available to the public through its Compliance Program website located at: https://www.vanderbilt.edu/generalcounsel/conflictofinterest/ Vanderbilt University makes its financial statements available to the public through its website located at: https://finance.vanderbilt.edu/accounting/report/
Form 990, Part VII, Section A, Line 1a, Column (A) Continuation of Titles - Anders W. Hall - Vice Chancellor for Investments and Chief Investment Officer - Jerry Stackhouse - Head Men's Basketball Coach - Clark Lea - Head Football Coach - Daniel Diermeier - Chancellor - Derek Mason - Former Head Football Coach - Timothy C. Corbin - Head Baseball Coach - Brett C. Sweet - Vice Chancellor for Finance, Information Technology and Chief Financial Officer - John M. Lutz - Vice Chancellor for Development and Alumni Relations - Candice S. Lee - Vice Chancellor for Athletics and University Affairs and Athletic Director - John Kuriyan - Dean of School of Medicine Basic Sciences - John Geer - Dean of College of Arts and Science - C. Cybele Raver - Provost and Vice Chancellor for Academic Affairs - Randall Thomas - Professor of Law and Business, Director, Law & Business Program, Professor of Management, Owen Graduate School of Management - Ruby Shellaway - Vice Chancellor, General Counsel, and University Secretary - Eric C. Kopstain - Vice Chancellor for Administration - Andre L. Churchwell - Former Chief Diversity Officer and Vice Chancellor for Equity, Diversity, and Inclusion - Lawrence J. Marnett - Former Dean of School of Medicine Basic Sciences - Steve Ertel - Vice Chancellor for Communications and Marketing - Nathan Green - Vice Chancellor for Government and Community Relations - Nicholas S. Zeppos - Former Chancellor - Sydney Savion - Vice Chancellor for People, Culture and Belonging
Form 990, Part VIII, Line 2f Other Program Service Revenue All other program service revenue - Total Revenue: 20955260, Related or Exempt Function Revenue: 20955260, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in minority interest - -9900375; Deconsolidated Distribution - 250000;
Form 990, Part VI, Line 1a Governance, Management, and Disclosure One trustee listed in Part VII, serving as a member of the governing body with certain voting rights at the end of the tax year, does not have the power to vote on all matters that come before the governing body, the Board of Trust, and such trustee is not included in the count of voting members of the governing body at the end of the tax year.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v6.0
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
Vanderbilt University
 
Employer identification number

62-0476822
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) Dore Capital LLC
2100 West End Ave Suite 1000
Nashville,TN37203
26-4337602 		Investment DE 0 0 VU
 
(2) Dore Capital Real Estate LLC
2100 West End Ave Suite 1000
Nashville,TN37203
26-4581498 		Investment DE 0 0 VU
 
(3) Star V Partners LLC
2100 West End Ave Suite 1000
Nashville,TN37203
 Investment TN 187,787,939 1,852,110,274 VU
 
(4) West Trace LLC
2201 W End Ave
Ste 421
Nashville,TN372400001
83-4051968 		Hospitality Operations TN 18,172,693 74,095,095 VU
 
(5) Royal Tree LLC
110 21st Avenue South
Ste 900
Nashville,TN37203
84-3564256 		Holding Company DE 0 36,866,400 VU
 


Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)Vanderbilt Student Communications Inc
2301 Vanderbilt Place

Nashville,TN37235
23-7030713 		Support Org TN 501(c)(3) Type I VU
 
Yes
 
(2)Ingram Charitable Fund Inc
4400 Harding Road 9th Floor

Nashville,TN37203
58-1916504 		Support Org TN 501(c)(3) Type III-O NA
 
 
No










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Array Ventures Transformers Fund I LP

3 Coso Avenue
San Francisco,CA94110
88-3265437 		Investment DE VU
  		Excluded 336 1,965,964   No     No  
(2) Altos Hybrid 2 V LLC

2882 Sand Hill Road
Suite 100
Menlo Park,CA94025
82-2083773 		Investment DE VU
  		Excluded -328,728 39,557,672   No     No  
(3) Authentic Strategic Partners 10 LLC

7955 Skyline Boulevard
Oakland,CA94611
92-2320510 		Investment DE VU
  		Excluded 0 803,288   No     No  
(4) Authentic Strategic Partners 11 LLC

7955 Skyline Boulevard
Oakland,CA94611
93-1574474 		Investment DE VU
  		Excluded 0 767,149   No     No  
(5) Avenir Expansion Partners IV LP

817 Broadway
12th Floor
New York,NY10003
87-2655630 		Investment DE VU
  		Excluded 0 5,614,621   No     No  
(6) Cheetah Investment Holdings LLC

188 Nassau St Ste 1
Princeton,NJ08542
88-1220743 		Investment DE VU
  		Excluded 0 9,994,593   No     No  
(7) Dore Capital Real Estate LP

2100 West End Ste 1000
Nashville,TN37203
26-4581574 		Investment DE VU
  		Excluded 21,394 4,828,379 Yes   -53,926   No  
(8) Dore Capital LP

2100 West End Ste 1000
Nashville,TN37203
26-4337679 		Investment DE VU
  		Excluded -1,010,655 18,033,800 Yes   451,946   No  
(9) Eagle Investment Holdings II LLC

188 Nassau St Ste 1
Princeton,NJ08542
88-0576672 		Investment DE VU
  		Excluded 0 4,983,034   No     No  
(10) Eraser Investment Holdings LLC

300 Witherspoon Street
Suite 202
Princeton,NJ08542
92-2411873 		Investment DE VU
  		Excluded 1,757 5,388,688   No     No  
(11) Goodwater Taehwa LP

240 Lorton Ave
3rd Floor
Burlingame,CA94010
88-3739802 		Investment DE VU
  		Excluded 0 4,778,908   No     No  
(12) HS Investments V V LP

 
 
Investment GK VU
  		Excluded 225 17,503,568   No     No  
(13) HS Investments IV V LP

 
 
Investment GK VU
  		Excluded 243 22,922,992   No     No  
(14) Iguana Investment Holdings LLC

300 Witherspoon Street
Suite 202
Princeton,NJ08542
84-2385069 		Investment DE VU
  		Excluded 0 3,408,724   No     No  
(15) Periscope IBH Holdings LLC

ONE NORTH WACKER DRIVE
SUITE 4050
CHICAGO,IL60606
82-5263601 		Investment DE VU
  		Excluded 0 2,739,533   No     No  
(16) Prysm Compass Investment Opportunities LP

 
 
93-4980729 		Investment DE VU
  		Excluded 0 0   No     No  
(17) Valar Co-Invest 7 LP

915 Broadway
Suite 1900
New York,NY10010
84-1990189 		Investment DE VU
  		Excluded 0 5,623,123   No     No  
(18) Valar Co-Invest 9 LP

915 Broadway
Suite 1900
New York,NY10010
85-0669361 		Investment DE VU
  		Excluded 0 3,987,638   No     No  
(19) Kairos Continuity CC1 LLC

31 Bond St
Floor 6
New York,NY10012
85-4253992 		Investment DE VU
  		Excluded 0 3,025,383   No     No  
(20) Kairos Continuity Alloy1 LP

31 Bond St
Floor 6
New York,NY10012
87-1658670 		Investment DE VU
  		Excluded 32,250 1,177,910   No     No  
(21) Kairos Continuity BT LP

31 Bond St
Floor 6
New York,NY10012
88-3322171 		Investment DE VU
  		Excluded 0 4,022,278   No     No  
(22) Kairos Continuity CI LP

31 Bond St
Floor 6
New York,NY10012
93-4816725 		Investment DE VU
  		Excluded 0 3,041,719   No     No  
(23) Kairos Continuity RH2 LP

31 Bond St
Floor 6
New York,NY10012
87-3534251 		Investment DE VU
  		Excluded 0 3,017,307   No     No  
(24) Kairos Continuity CC2 LP

31 Bond St
Floor 6
New York,NY10012
87-2347899 		Investment DE VU
  		Excluded 0 5,594,925   No     No  
(25) Kairos Continuity LS1 LP

31 Bond St
Floor 6
New York,NY10012
87-1503746 		Investment DE VU
  		Excluded 0 2,556,269   No     No  
(26) The Midnight A Third Prime Series LLC (Laika Coinvestment)

1281 Third Avenue South
Nashville,TN37210
86-2097127 		Investment DE VU
  		Excluded 0 5,013,721   No     No  
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) Commodore Scottish Patron II LP

50 Lothian Road Festival Square
Edinburgh,Scotland  
AE
Investment AE VU
  		C Corporation 0 4,452,436   Yes  
(2) Elliston Partners

 
 
Investment CJ VU
  		C Corporation 0 0   Yes  
(3) Emergent Pro Alia Fund Sub Fund Emergent African Land Fund

 
 
98-0600835 		Investment LU VU
  		C Corporation 0 0   Yes  
(4) Pacific Harbor Special Holdings Ltd

PO Box 957
Offshore Incorporations Centre
Road Town,Tortola  
VI
Investment VI VU
  		C Corporation 0 0   Yes  
(5) Vanderbilt Legends Club Inc

1500 Legends Club Lane
Franklin,TN37069
62-1429615 		Golf Club TN VU
  		C Corporation 11,664,719 36,259,181   Yes  
(6) Waratah Fund Ltd

 
 
Investment BD VU
  		C Corporation 571,347 8,581,399   Yes  
(7) Charitable Remainder Trust (87)

 
 
Charitable Trust TN VU
  		Trust       Yes  
(8) Charitable Lead Trusts (2)

 
 
Charitable Trust TN VU
  		Trust       Yes  
(9) Perpetual Trusts (5)

 
 
Charitable Trust TN VU
  		Trust       Yes  
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
Yes
 
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) Dore Capital LP

 S 11,280,000 FMV
(2) Altos Hybrid 2 V LLC

 B 7,011,102 FMV
(3) Altos Hybrid 2 V LLC

 S 934,557 FMV
(4) Array Ventures Transformers Fund I LP

 B 1,000,000 FMV
(5) Cheetah Investment Holdings LLC

 B 5,000,000 FMV
(6) Cheetah Investment Holdings LLC

 S 10,000,000 FMV
(7) Eagle Investment Holdings II LLC

 S 5,000,000 FMV
(8) Eraser Investment Holdings LLC

 S 5,400,000 FMV
(9) Goodwater Taehwa LP

 B 90,125 FMV
(10) HS Investments IV V LP

 B 55,000 FMV
(11) HS Investments V V LP

 B 60,000 FMV
(12) Iguana Investment Holdings LLC

 B 6,350,000 FMV
(13) Iguana Investment Holdings LLC

 S 6,350,000 FMV
(14) Kairos Continuity CI LP

 B 3,045,000 FMV
(15) Prysm Compass Investment Opportunities LP

 B 29,750,000 FMV
(16) Prysm Compass Investment Opportunities LP

 S 538,301 FMV
(17) Vanderbilt Legends Club Inc

 A 393,928 FMV
(18) Vanderbilt Legends Club Inc

 D 9,561,712 FMV
(19) Vanderbilt Legends Club Inc

 F 250,000 FMV
(20) Vanderbilt Legends Club Inc

 P 164,369 FMV
(21) Vanderbilt Student Communications Inc

 R 608,904 FMV
(22) Vanderbilt Student Communications Inc

 O 510,078 FMV
(23) Vanderbilt Student Communications Inc

 Q 299,011 FMV
(24) Waratah Fund Ltd

 B 1,000,000 FMV
(25) Waratah Fund Ltd

 S 300,000 FMV
(26) Charitable Lead Trust (1)

 C 80,938 FMV
(27) Charitable Lead Trust (1)

 S 290,892 FMV
(28) Charitable Remainder Trust (5)

 S 7,770,316 FMV
(29) Perpetual Trusts (5)

 S 1,101,425 FMV
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R, Part V, Line 2(c) The amounts reported are derived from the books and records of Vanderbilt, which are maintained on an accrual basis in accordance with U.S. Generally Accepted Accounting Principles. Valuation of the amounts reported in Schedule R, Part V, Column C is consistent with the valuation reflected in the University's consolidated audited financial statements.
Schedule R (Form 990) 2023

Additional Data


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