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
2024
Open to Public Inspection
A For the 2024 calendar year, or tax year beginning 07-01-2024 , and ending 06-30-2025
BCheck if applicable:
CName of organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
% CASANDRA PORTER COMPTROLLER
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
UNIVERSITY GARDENS UGB203
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA900898003
D Employer identification number

95-1642394
E Telephone number

G Gross receipts $ 5,931,307,965
F Name and address of principal officer:
Beong-Soo Kim
UNIVERSITY GARDENS UGB203
LOS ANGELES,CA900898003
I
Tax-exempt status: (   ) (insert no.) or
J
Website:
HTTP://WWW.USC.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: 1895
M State of legal domicile: CA
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 39
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 37
5 Total number of individuals employed in calendar year 2024 (Part V, line 2a) ...... 5 46,305
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 112,099,251
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 19,168,083
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 1,338,148,373 1,378,553,356
9 Program service revenue (Part VIII, line 2g) ......... 3,994,415,350 4,070,004,224
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 239,550,677 421,157,247
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 3,186,615 58,265,515
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 5,575,301,015 5,927,980,342
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 1,016,479,601 1,113,341,721
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 2,958,673,391 3,046,451,344
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) 107,253,542    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,562,621,936 1,426,566,398
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 5,537,774,928 5,586,359,463
19 Revenue less expenses. Subtract line 18 from line 12....... 37,526,087 341,620,879
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 15,054,111,883 16,956,079,936
21 Total liabilities (Part X, line 26)............. 4,801,343,782 5,631,510,850
22 Net assets or fund balances. Subtract line 21 from line 20..... 10,252,768,101 11,324,569,086
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 (2024)
Form 990 (2024)
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 $ 3,741,905,239 including grants of $ 1,104,482,076 ) (Revenue $ 3,256,280,070 )
INSTRUCTION AND RESEARCH: APPROXIMATELY 20,000 STUDENTS IN UNDERGRADUATE CLASSES: APPROXIMATELY 26,000 STUDENTS IN GRADUATE AND PROFESSIONAL CLASSES: 5,900 BACHELOR DEGREES CONFERRED AND 12,520 ADVANCED DEGREES CONFERRED IN 2024-2025. THE MAJOR RESEARCH IS IN MEDICINE, ENGINEERING AND THE SCIENCES. THE INSTITUTION HAS 459 CONTRACTS/GRANTS AWARDED BY THE FEDERAL GOVERNMENT AND 305 AWARDED IN 2024-2025 BY PRIVATE CORPORATIONS, FOUNDATIONS, OTHER UNIVERSITIES, OR STATE AND LOCAL GOVERNMENTS FOR BASIC RESEARCH.
4b (Code:   ) (Expenses $ 471,235,432 including grants of $ 8,859,646 ) (Revenue $ 512,661,879 )
HEALTH CARE SERVICES: THE DOCTORS OF USC ARE MORE THAN 600 PHYSICIANS AND SPECIALISTS WHO ARE FULL-TIME FACULTY MEMBERS OF THE KECK SCHOOL OF MEDICINE OF USC. USC PHYSICIANS PRACTICE AT KECK HOSPITAL OF USC, USC NORRIS CANCER HOSPITAL, USC VERDUGO HILLS HOSPITAL, USC ARCADIA HOSPITAL, DOHENY EYE INSTITUTE, HEALTH CARE CENTERS ON THE HEALTH SCIENCES CAMPUS AND IN DOWNTOWN LOS ANGELES, AND AT LOS ANGELES COUNTY & USC MEDICAL CENTER AND CHILDRENS HOSPITAL LOS ANGELES.
4c (Code:   ) (Expenses $ 337,623,825 including grants of $   ) (Revenue $ 356,562,274 )
AUXILIARY ENTERPRISES: APPROXIMATELY 46,000 STUDENTS AND 33,700 FACULTY AND STAFF ARE SERVED BY THE BOOKSTORE, DINING SERVICES, HOUSING, PARKING FACILITIES AND OTHER SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses4,550,764,496
Form 990 (2024)
Form 990 (2024)
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. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
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 IClick to see attachment
List of Attached Documents:
// Content
.............
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 IIIClick to see attachment
List of Attached Documents:
// Content
..
5
 
No
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 IIClick to see attachment
List of Attached Documents:
// Content
....
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 IVClick to see attachment
List of Attached Documents:
// Content
..............
9
Yes
 
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 VIIIClick to see attachment
List of Attached Documents:
// Content
.......
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 IXClick to see attachment
List of Attached Documents:
// Content
............
11d
Yes
 
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
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
Click to see attachment
List of Attached Documents:
// Content
......................
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
 
No
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...Click to see attachment
List of Attached Documents:
// Content
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...................Click to see attachment
List of Attached Documents:
// Content
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 (2024)
Form 990 (2024)
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 .... Click to see attachment
List of Attached Documents:
// Content
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.......................Click to see attachment
List of Attached Documents:
// Content
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
 
No
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......................Click to see attachment
List of Attached Documents:
// Content
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
 
No
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............. Click to see attachment
List of Attached Documents:
// Content
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 VIClick to see attachment
List of Attached Documents:
// Content
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
64,031
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 (2024)
Form 990 (2024)
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
46,305
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: SP , FR , CH , HK , MX , TW , KS , IN
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
 
No
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 (2024)
Form 990 (2024)
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
39
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
37
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
Yes
 
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
Yes
 
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
Yes
 
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
CA , OK , WA
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:
CASANDRA PORTER COMPTROLLERUNIV GARDENS UGB203   LOS ANGELES,CA90089 (213) 821-1900
Form 990 (2024)
Form 990 (2024)
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) LINCOLN RILEY......................................................................
HEAD FOOTBALL COACH
50.0
.................
0.0
        X   11,590,497 0 212,461
(2) ERIC MUSSELMAN......................................................................
SEE SCHEDULE O FOR TITLE
50.0
.................
0.0
        X   5,809,939 0 294,914
(3) CAROL L FOLT......................................................................
PRESIDENT/TRUSTEE
48.0
.................
2.0
X   X       4,077,317 0 223,977
(4) LOUIS VANDERMOLEN MD......................................................................
PROFESSOR OF CLINICAL MEDICINE
50.0
.................
0.0
        X   3,880,456 0 170,110
(5) VAUGHN STARNES MD......................................................................
CHAIR & DIST PROG SURGERY
47.5
.................
2.5
        X   3,829,971 0 130,010
(6) STEVEN D SHAPIRO MD......................................................................
SVP, HEALTH AFFAIRS
38.0
.................
8.0
    X       2,914,082 0 370,964
(7) INDERBIR GILL MD......................................................................
SEE SCHEDULE O FOR TITLE
47.5
.................
2.5
        X   3,026,895 0 114,431
(8) ROD HANNERS......................................................................
CEO KECK MEDICINE OF USC
36.5
.................
13.5
      X     2,352,451 0 146,246
(9) AMY DIAMOND......................................................................
CHIEF INVESTMENT OFFICER
50.0
.................
0.0
      X     1,957,949 0 342,913
(10) CAROLYN MELTZER MD......................................................................
DEAN, KECK SCHOOL OF MEDICINE
45.5
.................
4.5
      X     1,640,435 0 77,276
(11) BEONG-SOO KIM......................................................................
SVP & GENERAL COUNSEL
42.0
.................
8.0
    X       1,337,795 0 254,549
(12) ERIK BRINK......................................................................
SVP FINANCE & CFO
39.5
.................
10.5
    X       1,261,153 0 252,727
(13) FELICIA A WASHINGTON......................................................................
SVP HR (UNTIL 8/31/24)
50.0
.................
0.0
    X       1,415,657 0 73,241
(14) GEOFFREY GARRETT......................................................................
DEAN, MARSHALL SCHOOL OF BUS.
50.0
.................
0.0
      X     1,247,340 0 77,037
(15) ANDREW T GUZMAN......................................................................
PROVOST & SVP ACADEMIC AFFAIRS
50.0
.................
0.0
    X       1,117,632 0 166,340
(16) SCOTT RABENOLD......................................................................
SVP, UNIVERSITY ADVANCEMENT
50.0
.................
0.0
    X       1,151,761 0 97,772
(17) ISHWAR K PURI......................................................................
SVP, RESEARCH & INNOVATION
50.0
.................
0.0
    X       1,019,892 0 66,844
Form 990 (2024)
Form 990 (2024)
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) JOEL CURRAN........................................................................
SVP & CHIEF COMMS OFFICER
50.0
.......................0.0
    X       862,655 0 152,255
(19) DAVID W WRIGHT........................................................................
SVP, ADMINISTRATION
50.0
.......................0.0
    X       849,392 0 77,587
(20) TRACEY VRANICH........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
          X 756,634 0 76,327
(21) SAMUEL GARRISON........................................................................
SVP, UNIVERSITY RELATIONS
2.0
.......................0.0
    X       687,323 0 93,237
(22) LAURA MOSQUEDA MD........................................................................
SEE SCHEDULE O FOR TITLE
49.5
.......................0.5
          X 673,873 0 67,241
(23) YANNIS C YORTSOS........................................................................
DEAN, VITERBI SCHOOL OF ENG.
50.0
.......................0.0
      X     642,699 0 84,308
(24) STACY READE ROBERTS........................................................................
SEE SCHEDULE O FOR TITLE
2.0
.......................0.0
    X       599,237 0 91,973
(25) CAROLYN DOMEN-BROSHEARS........................................................................
SECRETARY OF THE UNIVERSITY
44.0
.......................6.0
    X       471,083 0 117,076
(26) AMBER MILLER........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
      X     509,093 0 66,412
(27) ELIZABETH GRADDY........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
          X 508,804 0 60,093
(28) Mohammed El-Naggar........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
      X     438,970 0 94,420
(29) GLENN OSAKI........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
          X 305,996 0 64,607
(30) NARSING RAO MD........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
          X 256,663 0 46,963
(31) CHARLES F ZUKOSKI........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
          X 244,868 0 38,747
(32) JOHN M IINO........................................................................
SEE SCHEDULE O FOR TITLE
50.0
.......................0.0
X           169,756 0 2,089
(33) STEPHANIE A ARGYROS........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(34) MARC R BENIOFF........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(35) ROBERT D BEYER........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(36) DAVID C BOHNETT........................................................................
TRUSTEE, VICE CHAIR
2.0
.......................0.0
X   X       0 0 0
(37) ROBERT A BRADWAY........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(38) RICK J CARUSO........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(39) MICHELE DEDEAUX ENGEMANN........................................................................
TRUSTEE (UNTIL 6/4/25)
2.0
.......................0.0
X           0 0 0
(40) MICHAEL A FELIX........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(41) STAYCE D HARRIS........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(42) BRET W JOHNSEN........................................................................
TRUSTEE (AS OF 6/4/25)
2.0
.......................0.0
X           0 0 0
(43) SUZANNE NORA JOHNSON........................................................................
TRUSTEE, CHAIR
2.0
.......................0.0
X   X       0 0 0
(44) STEPHEN M KECK........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(45) KENNETH R KLEIN........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(46) JAIME L LEE........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(47) KATHY LEVENTHAL........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(48) JOHN MORK........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(49) OSCAR MUNOZ........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(50) ROD Y NAKAMOTO........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(51) CARMEN NAVA........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(52) SHELLY L NEMIROVSKY........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(53) DOMINIC NG........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(54) PATRICIA REON ROSKI........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(55) AMY A ROSS PHD........................................................................
TRUSTEE
2.0
.......................5.0
X           0 0 0
(56) FREDERICK J RYAN JR........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(57) LEONARD D SCHAEFFER........................................................................
TRUSTEE
2.0
.......................2.0
X           0 0 0
(58) WILLIAM E B SIART........................................................................
TRUSTEE
2.0
.......................2.0
X           0 0 0
(59) WILBUR H SMITH........................................................................
TRUSTEE (AS OF 6/4/25)
2.0
.......................0.0
X           0 0 0
(60) JEFFREY H SMULYAN........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(61) GLENN A SONNENBERG........................................................................
TRUSTEE (AS OF 6/4/25)
2.0
.......................0.0
X           0 0 0
(62) HELIANE M STEDEN........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(63) MARK A STEVENS........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(64) RONALD D SUGAR........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(65) TRACY M SYKES........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(66) DANIEL M TSAI........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(67) ALIA S TUTOR........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(68) JOSEPH B UCUZOGLU........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(69) WENXUE WANG........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
(70) NADINE WATT........................................................................
TRUSTEE
2.0
.......................0.0
X           0 0 0
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 55,174,118 0 3,831,816
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 10,741
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
THE TURNER CORPORATION,
66 HUDSON BLVD EAST
NEW YORK,NY10001
CONSTRUCTION SVCS 113,100,886
CLARK CONSTRUCTION GROUP - CALIFORN,
611 ANTON BOULEVARD SUITE 1100
COSTA MESA,CA92626
CONSTRUCTION SVCS 51,378,784
ERNST YOUNG LLP,
ONE MANHATTAN WEST 395 9TH AVE
NEW YORK,NY10001
CONSULTING SVCS 19,571,678
HC OLSEN CONSTRUCTION CO INC,
710 EAST LOS ANGELES AVE
MONROVIA,CA91016
CONSTRUCTION SVCS 18,248,350
ARAMARK,
2400 MARKET STREET
PHILADELPHIA,PA19103
FOOD SERVICES 18,090,520
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 930
Form 990 (2024)
Form 990 (2024)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 1,849,604
d Related organizations1d  
e Government grants (contributions)1e 650,801,963
f All other contributions, gifts, grants, and similar amounts not included above1f 725,901,789
g Noncash contributions included in lines 1a - 1f:$ 1g 58,464,903
h Total. Add lines 1a-1f....... 1,378,553,356
 Program Service RevenueAmt Business Code
2a TUITION & FEES 900099 2,626,740,015 2,626,740,015    
b NET PATIENT SERVICE REVENUE 900099 465,642,855 465,642,855    
c AUXILIARY ENTERPRISES 900099 356,562,275 348,466,086 8,096,189  
d RECOVERY OF INDIRECT COST 900099 228,420,412 228,420,412    
e PROFESSIONAL SERVICES AGREEMENT 900099 47,019,023 47,019,023    
f All other program service revenue. 345,619,644 344,865,461 754,183  
g Total. Add lines 2a–2f ..... 4,070,004,224
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 66,585,433   77,333,237 -10,747,804
4 Income from investment of tax-exempt bond proceeds 0      
5 Royalties........... 3,612,190     3,612,190
(i) Real (ii) Personal
6a Gross rents 6a    
b Less: rental expenses 6b    
c Rental income or (loss) 6c 0 0
d Net rental income or (loss)....... 0      
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 359,626,400 -5,054,586
b Less: cost or other basis and sales expenses 7b 0 0
c Gain or (loss) 7c 359,626,400 -5,054,586
d Net gain or (loss)......... 354,571,814   25,915,642 328,656,172
8a Gross income from fundraising events (not including $ 1,849,604of contributions reported on line 1c). See Part IV, line 18 ....
8a 2,480,948
b Less: direct expenses ... 8b 3,327,623
c Net income or (loss) from fundraising events.. -846,675   -846,675
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a 0
b Less: direct expenses ... 9b 0
c Net income or (loss) from gaming activities.. 0      
10a Gross sales of inventory, less
returns and allowances ..
10a 0
b Less: cost of goods sold .. 10b 0
c Net income or (loss) from sales of inventory.. 0      
 OtherRevenueMiscAmt
Business Code
11a SETTLEMENT RECOVERIES 900099 55,500,000 55,500,000    
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... 55,500,000
12 Total revenue. See instructions..... 5,927,980,342 4,116,653,852 112,099,251 320,673,883
Form 990 (2024)
Form 990 (2024)
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 .... 248,445,054 248,445,054
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 846,941,989 846,941,989
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 17,954,678 17,954,678
4 Benefits paid to or for members ....... 0  
5 Compensation of current officers, directors, trustees, and key employees ........... 30,550,734 11,487,453 16,471,909 2,591,372
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 2,832,838 1,424,591 662,093 746,154
7 Other salaries and wages........ 2,444,683,415 1,919,998,872 467,233,531 57,451,012
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 257,727,012 186,602,650 62,143,493 8,980,869
9 Other employee benefits ....... 98,159,225 72,314,976 22,707,016 3,137,233
10 Payroll taxes ........... 212,498,120 153,855,477 51,237,840 7,404,803
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 42,529,959   42,529,959  
c Accounting ........... 2,505,487   2,505,487  
d Lobbying ........... 647,792 647,792    
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 16,138,218   16,138,218  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 122,383,548 90,578,784 29,331,381 2,473,383
12 Advertising and promotion .... 21,922,209 16,225,114 5,254,045 443,050
13 Office expenses ....... 64,903,321 49,506,948 790,081 14,606,292
14 Information technology ...... 144,564,150 106,995,141 34,647,354 2,921,655
15 Royalties .. 13,827,803 13,827,803    
16 Occupancy ........... 52,458,179 38,825,464 12,572,530 1,060,185
17 Travel ............ 88,885,944 83,704,245 3,514,030 1,667,669
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0      
19 Conferences, conventions, and meetings .... 0      
20 Interest ........... 96,335,033 78,484,167 17,850,866  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization .. 235,267,079 210,600,294 21,721,659 2,945,126
23 Insurance ... 111,249,513   111,249,513  
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 COST OF GOODS SOLD 162,087,063 162,087,063 0 0
b UNIVERSITY SERVICES 126,700,144 126,700,144 0 0
c RESEARCH EXPENSES 86,680,321 86,680,321 0 0
d EVENT EXPENSES 37,480,635 26,875,476 9,780,420 824,739
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 5,586,359,463 4,550,764,496 928,341,425 107,253,542
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 (2024)
Form 990 (2024)
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 ........ 0 1 0
2 Savings and temporary cash investments ......... 705,450,077 2 647,854,506
3 Pledges and grants receivable, net ...... 504,514,230 3 621,607,795
4 Accounts receivable, net ............. 821,475,374 4 1,069,069,482
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 .......
16,327,543 5 12,284,957
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 ........... 8,854,377 7 9,104,762
8 Inventories for sale or use ............ 38,644,584 8 44,209,273
9 Prepaid expenses and deferred charges ...... 248,727,778 9 333,255,172
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 7,729,841,248
b Less: accumulated depreciation 10b 3,588,841,869 3,864,146,735 10c 4,140,999,379
11 Investments—publicly traded securities . 2,493,177,025 11 2,323,782,112
12 Investments—other securities. See Part IV, line 11 ..... 5,375,108,839 12 6,064,735,056
13 Investments—program-related. See Part IV, line 11 .. 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 977,685,321 15 1,689,177,442
16 Total assets. Add lines 1 through 15 (must equal line 33)... 15,054,111,883 16 16,956,079,936
Liabilities 17 Accounts payable and accrued expenses ..... 753,631,545 17 879,095,066
18 Grants payable ... 0 18 0
19 Deferred revenue ......... 403,647,181 19 399,483,000
20 Tax-exempt bond liabilities ......... 0 20 662,974,467
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21 0
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 .. 2,940,522,711 23 2,940,953,580
24 Unsecured notes and loans payable to unrelated third parties .. 0 24 0
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 703,542,345 25 749,004,737
26 Total liabilities. Add lines 17 through 25.. 4,801,343,782 26 5,631,510,850
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 .......... 3,478,822,757 27 3,796,631,639
28 Net assets with donor restrictions ........... 6,773,945,344 28 7,527,937,447
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 ........... 10,252,768,101 32 11,324,569,086
33 Total liabilities and net assets/fund balances ........ 15,054,111,883 33 16,956,079,936
Form 990 (2024)
Form 990 (2024)
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
5,927,980,342
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
5,586,359,463
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
341,620,879
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
10,252,768,101
5
Net unrealized gains (losses) on investments ...............
5
722,894,857
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
7,285,249
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
11,324,569,086
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 (2024)
Form 990 (2024)
Additional Data


Software ID:  
Software Version:  
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
2024
Open to Public
Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
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) 2024

Schedule A (Form 990) 2024
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) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 1,029,523,653 1,011,581,561 1,038,579,958 1,338,148,373 1,369,693,710 5,787,527,255
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 1,029,523,653 1,011,581,561 1,038,579,958 1,338,148,373 1,369,693,710 5,787,527,255
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. 5,787,527,255
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
7 Amounts from line 4.. 1,029,523,653 1,011,581,561 1,038,579,958 1,338,148,373 1,369,693,710 5,787,527,255
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 52,155,633 32,058,784 84,358,933 97,334,557 70,197,623 336,105,530
9 Net income from unrelated business activities, whether or not the business is regularly carried on..       1,255,720 19,168,083 20,423,803
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 69,050 85,250 2,103,888 3,168,510 2,480,948 7,907,646
11 Total support. Add lines 7 through 10 6,151,964,234
12
12
19,178,821,547
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
94.076 %
15
15
93.851 %
16a
33 1/3% support test—2024. 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—2023. 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—2024. 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—2023. 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) 2024

Schedule A (Form 990) 2024
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) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (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) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (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-2024. 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—2023. 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) 2024

Schedule A (Form 990) 2024
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) 2024

Schedule A (Form 990) 2024
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) 2024

Schedule A (Form 990) 2024
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
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
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
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 2024 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-2024
(iii)
Distributable
Amount for 2024
1 Distributable amount for 2024 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2024:
a From 2019.......  
b From 2020.......  
c From 2021.......  
d From 2022.......  
e From 2023.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2024 distributable amount  
i Carryover from 2019 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2024 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2024 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2024, 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 2024. 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 2025. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2020.....  
b Excess from 2021.....  
c Excess from 2022.....  
d Excess from 2023.....  
e Excess from 2024.....  
Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024
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
PART II, LINE 10: OTHER INCOME REPRESENTS GROSS INCOME FROM FUNDRAISING EVENTS.
Schedule A (Form 990) 2024


Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number
95-1642394
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  
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
2024
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
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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) 2024

Schedule C (Form 990) 2024
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) 2021 (b) 2022 (c) 2023 (d) 2024 (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) 2024


Schedule C (Form 990) 2024
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? .............................................................................
 
No
 
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
 
504,517
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
189,389
j
Total. Add lines 1c through 1i ....................................................................................................
693,906
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? ........................
 
No
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
PART II-B, LINE 1(G)-(I): THE UNIVERSITY OF SOUTHERN CALIFORNIA'S LOBBYING EFFORTS INCLUDE, THROUGH THE USE OF PAID STAFF AND OUTSIDE LOBBYING FIRMS, ADVOCACY FOR INCREASED FUNDING FOR STUDENT AID AND BASIC RESEARCH PROGRAMS AND EFFORTS TO GENERALLY FURTHER THE UNIVERSITY'S MISSION OF EDUCATION AND RESEARCH AT THE LOCAL, STATE AND FEDERAL LEVEL. THE UNIVERSITY ALSO PAYS DUES TO MEMBER ORGANIZATIONS WHICH MAY LOBBY ON ITS BEHALF. AMOUNTS ASSOCIATED WITH MEMBER DUES ARE NOT REPORTED IN PART II-B.
Schedule C (Form 990) 2024


Additional Data


Software ID:  
Software Version:  

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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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 ......... 10  
2 Aggregate value of contributions to (during year) 7,966,651  
3 Aggregate value of grants from (during year) 7,551,277  
4 Aggregate value at end of year ........ 57,579,612  
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 $ 125,000
(ii)
Assets included in Form 990, Part X ...............................right arrow $ 32,422,752
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) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
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 26,382,972
d Additions during the year ............................ 1d 3,533,623
e Distributions during the year .......................... 1e 1,258,194
f Ending balance ................................ 1f 28,658,401
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 .... 8,030,138,860 7,533,995,740 7,112,497,110 7,517,878,238 5,400,108,641
b Contributions ... 6,544,610 163,841,627 177,331,473 170,484,066 155,477,007
c Net investment earnings, gains, and losses 1,052,181,041 711,336,977 619,091,278 -275,090,857 2,221,283,012
d Grants or scholarships ... 81,810,035 79,811,666 79,166,888 55,700,687 53,482,200
e Other expenditures for facilities
and programs ...
283,195,997 283,173,920 281,173,815 232,597,741 194,880,267
f Administrative expenses .... 16,333,911 16,049,898 14,583,418 12,475,909 10,627,955
g End of year balance ...... 8,707,524,568 8,030,138,860 7,533,995,740 7,112,497,110 7,517,878,238
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow23.330 %
b
Permanent endowment right arrow76.670 %
c
Term endowment right arrow0 %
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)
Yes
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
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 .....   257,668,476 257,668,476
b Buildings ....   5,553,998,867 2,537,691,170 3,016,307,697
c Leasehold improvements        
d Equipment ....   775,641,531 597,804,174 177,837,357
e Other .....   1,142,532,374 453,346,525 689,185,849
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 4,140,999,379
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
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) HEDGE FUND
2,906,573,752 F

(B) PRIVATE EQUITY
3,158,161,304 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 6,064,735,056
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)REAL ESTATE/OTHER INVESTMENTS 696,962,915
(2)ASSETS HELD BY OTHER TRUSTEES 110,642,797
(3)OPERATING LEASES 221,902,459
(4)OTHER ASSETS 659,669,271
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow 1,689,177,442
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 0
ACTUARIAL LIAB ANNUITIES PAYAB 60,598,103
FEDERAL STUDENT LOAN FUNDS 23,928,494
ASSET RETIREMENT OBLIGATIONS 172,459,430
CAPITAL LEASE OBLIGATIONS 243,943,811
OPERATIONAL LEASE OBLIGATIONS 231,852,288
OTHER LIABILITIES 16,222,611



Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 749,004,737
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) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
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
PART III, LINE 4: THE UNIVERSITY OF SOUTHERN CALIFORNIA RETAINS MULTIPLE COLLECTIONS OF ART, HISTORICAL TREASURES AND OTHER SIMILAR ASSETS SUCH AS BOOKS, SCRIPTS, FILMS AND PHOTOGRAPHY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION, RESEARCH AND PUBLIC EXHIBITION PURPOSES.
PART IV, LINE 1B: THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS.
PART V, LINE 4: THE INTENT OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO GENERATE THE REVENUES NECESSARY TO SUPPORT THE UNIVERSITY'S EXEMPT PURPOSES, INCLUDING EDUCATION, RESEARCH AND SCHOLARSHIPS.
PART X, LINE 2: THE UNIVERSITY OF SOUTHERN CALIFORNIA DOES NOT HAVE A FIN 48 FOOTNOTE AS ANY UNCERTAIN TAX POSITIONS WERE DEEMED IMMATERIAL.
Schedule D (Form 990) (Rev. 1-2025)


Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990)
(Rev. January 2025)


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 instructions and the latest information.
OMB No. 1545-0047Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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 in 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 in Part II. . . . . . . . . . . . . . . . . . . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (Rev. 1-2025)
Schedule E (Form 990) (Rev. 1-2025)
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
EXPLANATION FOR LINE 3: NON-DISCRIMINATION POLICY THE UNIVERSITY MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC 75-50, COVERING RACIAL NONDISCRIMINATION, BECAUSE IT DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD, ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THE UNIVERSITY OF SOUTHERN CALIFORNIA IS AN EQUAL OPPORTUNITY EMPLOYER AND EDUCATOR. PROUDLY PLURALISTIC AND FIRMLY COMMITTED TO PROVIDING EQUAL OPPORTUNITY FOR OUTSTANDING MEN AND WOMEN OF EVERY RACE, CREED AND BACKGROUND, THE UNIVERSITY STRIVES TO BUILD A COMMUNITY IN WHICH EACH PERSON RESPECTS THE RIGHTS OF OTHER PEOPLE TO LIVE, WORK AND LEARN IN PEACE AND DIGNITY, TO BE PROUD OF WHO AND WHAT THEY ARE, AND TO HAVE EQUAL OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AS INDIVIDUALS AND MEMBERS OF SOCIETY. TO THIS END, THE UNIVERSITY PLACES GREAT EMPHASIS ON THOSE VALUES AND VIRTUES THAT BIND US TOGETHER AS HUMAN BEINGS AND MEMBERS OF THE TROJAN FAMILY. THE UNIVERSITY ENTHUSIASTICALLY SUPPORTS THIS POLICY IN ITS ENTIRETY, AND EXPECTS THAT EVERY PERSON ASSOCIATED WITH THE UNIVERSITY WILL GIVE CONTINUING SUPPORT TO ITS IMPLEMENTATION. THE UNIVERSITY IS COMMITTED TO COMPLYING WITH ALL APPLICABLE LAWS AND GOVERNMENTAL REGULATIONS AT EVERY LEVEL OF GOVERNMENT WHICH PROHIBIT DISCRIMINATION AGAINST, OR WHICH MANDATE THAT SPECIAL CONSIDERATION BE GIVEN TO STUDENTS AND APPLICANTS FOR ADMISSION, OR FACULTY, STAFF AND APPLICANTS FOR EMPLOYMENT ON THE BASIS OF ANY PROTECTED CATEGORY, INCLUDING RACE, COLOR, NATIONAL ORIGIN, ANCESTRY, RELIGION, GENDER, SEXUAL ORIENTATION, AGE, PHYSICAL DISABILITY, MENTAL DISABILITY, MARITAL STATUS, VETERAN STATUS, GENETIC INFORMATION, OR ANY OTHER CHARACTERISTIC WHICH MAY FROM TIME TO TIME BE SPECIFIED IN SUCH LAWS AND REGULATIONS. GENDER INCLUDES BOTH THE ACTUAL SEX OF AN INDIVIDUAL AND THAT PERSON'S GENDER IDENTITY, APPEARANCE OR BEHAVIOR, WHETHER OR NOT THAT IDENTITY, APPEARANCE OR BEHAVIOR IS TRADITIONALLY ASSOCIATED WITH THAT PERSON'S SEX AT BIRTH. THIS POLICY APPLIES TO ALL OF THE UNIVERSITY'S EDUCATIONAL PROGRAMS AND ACTIVITIES INCLUDING ADMISSIONS, AND ALL PERSONNEL ACTIVITIES INCLUDING BUT NOT LIMITED TO RECRUITING, HIRING, PROMOTION, DEMOTION, COMPENSATION, BENEFITS, TRANSFERS, LAYOFFS, RETURN FROM LAYOFF, PROVISION OF LEAVES, TRAINING, EDUCATION, TUITION ASSISTANCE AND OTHER PROGRAMS. IN ADDITION, AN OTHERWISE QUALIFIED INDIVIDUAL MUST NOT BE DISCRIMINATED AGAINST IN, OR EXCLUDED FROM, ADMISSIONS, PARTICIPATION IN EDUCATIONAL PROGRAMS AND ACTIVITIES, OR EMPLOYMENT SOLELY DUE TO HIS OR HER DISABILITY. THE UNIVERSITY SEEKS COMPLIANCE WITH ALL STATUTES PROHIBITING DISCRIMINATION IN EDUCATION, INCLUDING TITLE VI AND TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, THE AGE DISCRIMINATION ACT OF 1975, AND THE AMERICANS WITH DISABILITIES ACT OF 1990 WHICH RESPECTIVELY PROHIBIT DISCRIMINATION. THIS GOOD FAITH EFFORT TO COMPLY IS MADE EVEN WHEN SUCH LAWS AND REGULATIONS CONFLICT WITH EACH OTHER. THE UNIVERSITY WILL MAKE REASONABLE ACCOMMODATIONS FOR QUALIFIED INDIVIDUALS WITH KNOWN DISABILITIES UNLESS DOING SO WOULD RESULT IN UNDUE HARDSHIP. IN GENERAL, THE UNIVERSITY DOES NOT SOLICIT OUTSIDE OF ITS WEBSITE AND ADMISSIONS MATERIALS. THE UNIVERSITY'S NON-DISCRIMINATION POLICY IS ON THE UNIVERSITY'S WEBSITE, IN THE FACULTY HANDBOOK, IN SCAMPUS (THE STUDENT HANDBOOK), AND ALSO IN THE UNIVERSITY COURSE CATALOGUE. IN ADDITION, IT IS COMMUNICATED TO ALL STUDENTS DURING ORIENTATION, TO ALL NEW EMPLOYEES WITHIN 60 DAYS OF HIRE, AND TO ALL EMPLOYEES EVERY 2 YEARS AS PART OF THE UNIVERSITY'S HARASSMENT AND DISCRIMINATION PREVENTION TRAINING.
EXPLANATION FOR LINE 6A: THE UNIVERSITY OF SOUTHERN CALIFORNIA RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL MISSION.
Schedule E (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
(Rev. January 2025)
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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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 Program Services INSTRUCT,EXCUR,TRAVEL 77,002
East Asia and the Pacific 0 28 Program Services INSTRUCT,EXCUR,TRAVEL 908,524
Europe (Including Iceland and Greenland) 0 50 Program Services INSTRUCT,EXCUR,TRAVEL 2,986,688
Middle East and North Africa 0 4 Program Services INSTRUCT,EXCUR,TRAVEL 85,054
North America 0 14 Program Services INSTRUCT,EXCUR,TRAVEL 158,463
Russia and the Newly Independent States 0 0 Program Services INSTRUCT,EXCUR,TRAVEL 47,305
South America 0 1 Program Services INSTRUCT,EXCUR,TRAVEL 172,964
South Asia 0 7 Program Services INSTRUCT,EXCUR,TRAVEL 95,277
Sub-Saharan Africa 0 4 Program Services INSTRUCT,EXCUR,TRAVEL 142,286
Central America and the Caribbean 0 0 Program Services RESEARCH 5,385
East Asia and the Pacific 0 0 Program Services RESEARCH 120,769
Europe (Including Iceland and Greenland) 0 16 Program Services RESEARCH 480,477
Middle East and North Africa 0 1 Program Services RESEARCH 121,636
North America 0 0 Program Services RESEARCH 102,130
Russia and the Newly Independent States 0 0 Program Services RESEARCH 26,773
South America 0 2 Program Services RESEARCH 67,236
South Asia 0 0 Program Services RESEARCH 12,708
Sub-Saharan Africa 0 1 Program Services RESEARCH 266,262
Central America and the Caribbean 0 0 Program Services STUDENT ABROAD 118,952
East Asia and the Pacific 0 0 Program Services STUDENT ABROAD 68,184
Europe (Including Iceland and Greenland) 0 0 Program Services STUDENT ABROAD 572,652
North America 0 0 Program Services STUDENT ABROAD 48,162
East Asia and the Pacific 5 21 Program Services RECRUITMENT 2,351,795
Europe (Including Iceland and Greenland) 1 1 Program Services RECRUITMENT 176,173
Middle East and North Africa 0 0 Program Services RECRUITMENT 8,663
North America 1 1 Program Services RECRUITMENT 240,724
South America 1 1 Program Services RECRUITMENT 109,507
South Asia 1 1 Program Services RECRUITMENT 143,490
Central America and the Caribbean 0 2 Program Services INTERNATIONAL EXPERIEN 126,000
East Asia and the Pacific 0 57 Program Services INTERNATIONAL EXPERIEN 2,435,383
Europe (Including Iceland and Greenland) 0 18 Program Services INTERNATIONAL EXPERIEN 676,414
Middle East and North Africa 0 3 Program Services INTERNATIONAL EXPERIEN 128,770
North America 0 5 Program Services INTERNATIONAL EXPERIEN 162,649
South Asia 0 2 Program Services INTERNATIONAL EXPERIEN 73,987
East Asia and the Pacific 0 0 Grantmaking   2,035,072
Europe (Including Iceland and Greenland) 0 0 Grantmaking   3,793,252
Middle East and North Africa 0 0 Grantmaking   130,718
North America 0 0 Grantmaking   2,361,463
South America 0 0 Grantmaking   185,609
South Asia 0 0 Grantmaking   341,203
Sub-Saharan Africa 0 0 Grantmaking   648,500
Central America and the Caribbean 0 0 Investments   434,585,952
East Asia and the Pacific 0 0 Investments   5,091,952
Europe (Including Iceland and Greenland) 0 0 Investments   98,137,313
3a Sub-total .... 0 129 5,610,677
b Total from continuation sheets to Part I ... 9 113 555,018,801
c Totals (add lines 3a and 3b) 9 242 560,629,478
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
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)
Sub-Saharan Africa RESEARCH SUBAWARD 27,246 WIRE      
South Asia RESEARCH SUBAWARD 37,703 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 75,000 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 72,500 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 28,550 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 10,793 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 2,547,733 WIRE      
South Asia RESEARCH SUBAWARD 131,043 WIRE      
North America RESEARCH SUBAWARD 35,071 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 59,443 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 31,385 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 46,326 WIRE      
South Asia RESEARCH SUBAWARD 43,149 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 67,556 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 32,905 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 144,236 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 185,369 WIRE      
South America RESEARCH SUBAWARD 29,543 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 120,695 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 11,050 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 37,155 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 16,398 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 256,478 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 81,605 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 141,753 WIRE      
North America RESEARCH SUBAWARD 109,110 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 575,414 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 54,000 WIRE      
North America RESEARCH SUBAWARD 12,621 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 687,208 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 16,200 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 436,259 WIRE      
South America RESEARCH SUBAWARD 43,200 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 208,240 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 97,200 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 241,907 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 541,281 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 682,535 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 113,058 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 42,678 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 61,157 WIRE      
North America RESEARCH SUBAWARD 878,415 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 251,916 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 16,200 WIRE      
North America RESEARCH SUBAWARD 34,288 WIRE      
North America RESEARCH SUBAWARD 16,762 WIRE      
North America RESEARCH SUBAWARD 276,215 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 97,198 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 348,727 WIRE      
North America RESEARCH SUBAWARD 2,051,700 WIRE      
North America RESEARCH SUBAWARD 2,004,641 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 200,295 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 7,421 WIRE      
North America RESEARCH SUBAWARD 265,150 WIRE      
North America RESEARCH SUBAWARD 46,746 WIRE      
South America RESEARCH SUBAWARD 112,500 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 138,002 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 88,209 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 13,202 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 39,434 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 60,133 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 175,523 WIRE      
North America RESEARCH SUBAWARD 32,058 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 173,884 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 664,392 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 72,794 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 53,674 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 216,142 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 78,277 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 53,589 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 31,341 WIRE      
North America RESEARCH SUBAWARD 20,071 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 37,500 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 86,783 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 43,544 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 74,006 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 48,147 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 48,001 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 56,000 WIRE      
South Asia RESEARCH SUBAWARD 129,308 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 344,682 WIRE      
Europe (Including Iceland and Greenland) RESEARCH SUBAWARD 185,699 WIRE      
Middle East and North Africa RESEARCH SUBAWARD 130,718 WIRE      
East Asia and the Pacific RESEARCH SUBAWARD 85,108 WIRE      
Sub-Saharan Africa RESEARCH SUBAWARD 28,192 WIRE      
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
85
3 Enter total number of other organizations or entities .......................MediumBullet
0
Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)Page 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) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
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) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
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
PART I, LINE 2: THE UNIVERSITY OF SOUTHERN CALIFORNIA ADMINISTERS SUBAWARDS FOR RESEARCH TO OTHER ORGANIZATIONS IN CONNECTION WITH RESEARCH GRANTS AWARDED TO THE UNIVERSITY. EXPENDITURES RELATED TO RESEARCH GRANTS ARE CONTINUALLY MONITORED BY PRINCIPAL INVESTIGATORS ASSOCIATED WITH THAT AWARD.
PART I, LINE 3, COLUMN (F) AND PART II, LINE 1: EXPENSES REPORTED IN SCHEDULE F, PART I, LINE 3, COLUMN (F) AND SCHEDULE F, PART II, LINE 1 ARE DERIVED FROM USC'S BOOKS AND RECORDS, WHICH ARE MAINTAINED ON THE ACCRUAL BASIS OF ACCOUNTING.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) (Rev. 1-2025)
Additional Data


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SCHEDULE G (Form 990)
(Rev. January 2025)
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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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
             
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow      
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.
AR, CA, CO, FL, GA, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, NJ, NM, NY, NC, OH, OR, PA, SC, VT, VA, WV, WI
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) (Rev. 1-2025)
Schedule G (Form 990) (Rev. 1-2025)
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

KAUFMAN GALA
(event type)
(b) Event #2

NAI GALA 2025
(event type)
(c) Other events

12
(total number)
(d) Total events
(add col. (a) through col. (c))

1

Gross receipts . . . . .

1,016,000

850,945

2,463,607

4,330,552

2

Less: Contributions . . . .

85,100

66,200

1,698,304

1,849,604
3 Gross income (line 1 minus
line 2) . . . . . .

930,900

784,745

765,303

2,480,948



VerticalDirectExpenses
4 Cash prizes . . . . . 0 0 0 0
5 Noncash prizes . . . . 8,423 189 32,541 41,153
6 Rent/facility costs . . . . 179,597 124,337 665,323 969,257
7 Food and beverages . . . 129,158 127,507 809,305 1,065,970
8 Entertainment . . . . 278,649 5,255 187,025 470,929
9 Other direct expenses . . . 120,073 200,701 459,540 780,314
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 3,327,623
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -846,675
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) (Rev. 1-2025)
Schedule G (Form 990) (Rev. 1-2025)
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 (Form 990) (Rev. 1-2025)
Additional Data


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Schedule I
(Form 990)
(Rev. January 2025)
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 instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number
95-1642394
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) 24th Street Theatre
1117 West 24th Street
Los Angeles,CA90007
95-4607337 501(C)(3) 18,950       GENERAL SUPPORT
(2) 826LA
1714 West Sunset Boulevard
Los Angeles,CA90026
38-3722092 501(C)(3) 12,420       GENERAL SUPPORT
(3) Abington Neurological Associates Ltd
1151 Old York Road Suite 200
Abington,PA19001
23-2130597   164,175       RESEARCH SUBAWARD
(4) Abt Associates Inc
6130 Executive Blvd
ROCKVILLE,MD20852
04-2347643   172,643       RESEARCH SUBAWARD
(5) Acomb Ostendorf & Associates LLC
906 Railroad Ave
Winter Park,FL32789
27-0165102   178,244       RESEARCH SUBAWARD
(6) Advanced Clinical Research Network Corp
3940 W Flagler Street
Coral Gables,FL33134
46-3108112   544,000       RESEARCH SUBAWARD
(7) Advanced Memory Research Institute of NJ PC
9 Mule Rd
TOMS RIVER,NJ08755
46-3650049   283,615       RESEARCH SUBAWARD
(8) AIDS Healthcare Foundation
6255 Sunset Blvd
Los Angeles,CA90028
95-4112121 501(c)3 228,486       RESEARCH SUBAWARD
(9) Albany Medical College
47 New Scotland Ave
ALBANY,NY12208
14-1338310 501(c)3 54,005       RESEARCH SUBAWARD
(10) Albert Einstein College of Medicine
1300 Morris Park Ave
Bronx,NY10461
83-0621846 501(c)3 80,918       RESEARCH SUBAWARD
(11) Altamed Health Services Corp
2040 Camfield Ave
Los Angeles,CA90040
95-2810095 501(c)3 37,378       RESEARCH SUBAWARD
(12) Alzheimer's Disease and Related Disorders Assn Inc
5075 Shoreham Place
San Diego,CA92122
13-3039601 501(c)3 49,638       RESEARCH SUBAWARD
(13) Alzheimer's Greater Los Angeles
4221 Wilshire Blvd
Los Angeles,CA90010
95-3718119 501(c)3 7,906       RESEARCH SUBAWARD
(14) Alzheimer's Research and Treatment Center
2767 S State Rd 7
WELLINGTON,FL33414
45-5273128   2,200,475       RESEARCH SUBAWARD
(15) AMC Research
10801 Monroe Road
Matthews,NC28105
84-4220270   252,775       RESEARCH SUBAWARD
(16) American Association for the Adv of Science
1200 New York Ave Nw
WASHINGTON,DC20005
53-0196568 501(c)3 10,000       RESEARCH SUBAWARD
(17) American Inst For Research
1000 Thomas Jefferson St Nw
WASHINGTON,DC20007
25-0965219 501(c)3 24,025       RESEARCH SUBAWARD
(18) American Journalism Project
6218 Georgia Ave NW 1-599
Washington DC,DC20011
83-1772542 501(C)(3) 27,500       GENERAL SUPPORT
(19) Appalachian State University
438 Academy St
BOONE,NC28608
56-1176030 115 42,637       RESEARCH SUBAWARD
(20) Arizona State University
PO Box 876412
TEMPE,AZ85287
86-0196696 115 224,533       RESEARCH SUBAWARD
(21) Auburn University
108 Mary Martin Hall
AUBURN,AL36849
63-6000724 115 185,969       RESEARCH SUBAWARD
(22) BAE Systems Information & Elec Sys Integ Inc
PO BOX 7247-6675
PHILADELPHIA,PA19170
52-2268742   87,203       RESEARCH SUBAWARD
(23) Banner Health
901 E Willetta St
PHOENIX,AZ85006
45-0233470 501(c)3 3,334,940       RESEARCH SUBAWARD
(24) Baylor College Of Medicine
Sponsored Programs
HOUSTON,TX77030
74-1613878 501(c)3 627,285       RESEARCH SUBAWARD
(25) Board of Education City of Chicago
Division of Revenue
CHICAGO,IL60603
36-6005821 GOVT 33,077       RESEARCH SUBAWARD
(26) Board of Regents - Nevada System of Higher Edu
2215 Raggio Parkway
Reno,NV89512
88-6000024 501(c)3 228,922       RESEARCH SUBAWARD
(27) Board of Regents of the Univ of Oklahoma
865 Research Pkwy
OKLAHOMA CITY,OK73104
73-1563627 115 47,835       RESEARCH SUBAWARD
(28) Board of Regents of the Univ of Wisconsin Sys
1025 W Johnson St Ste 785
MADISON,WI53706
39-6006492 115 2,333,183       RESEARCH SUBAWARD
(29) Board of Regents of the Univ of Nebraska
151 Prem S Paul Research Center
Lincoln,NE68583
47-0049123 501(c)3 144,599       RESEARCH SUBAWARD
(30) Board of Trustees of the Leland Stanford Jr U
900 Welch Rd
STANFORD,CA94305
94-1156365 501(c)3 4,473,486       RESEARCH SUBAWARD
(31) Boston University
595 Commonwealth Ave
BOSTON,MA02215
04-2103547 501(c)3 1,850,694       RESEARCH SUBAWARD
(32) Boys & Girls Club of West San Gabriel Valley and E
328 S Ramona Avenue
Monterey Park,CA91754
95-2782501 501(C)(3) 16,300       GENERAL SUPPORT
(33) Brain Matters Research LLC
800 NW 17th Ave
DELRAY BEACH,FL33445
20-1646801   376,578       RESEARCH SUBAWARD
(34) Bridge Builders Foundation
3787 South Vermont Avenue
Los Angeles,CA90007
33-0846590 501(C)(3) 8,500       GENERAL SUPPORT
(35) Brown University
PO BOX 1911
PROVIDENCE,RI02912
05-0258809 501(c)3 63,498       RESEARCH SUBAWARD
(36) Building Skills Partnership
828 West Washington Boulevard
Los Angeles,CA90015
26-1254255 501(C)(3) 13,580       GENERAL SUPPORT
(37) Buntain LLC
4710 Elm St
BETHESDA,MD20814
83-4463475   74,479       RESEARCH SUBAWARD
(38) Butler Hospital
345 Blackstone Blvd
PROVIDENCE,RI02906
05-0258812 501(c)3 1,561,332       RESEARCH SUBAWARD
(39) C2N Diagnostics
4340 Duncan Street
St Louis,MO63110
26-1421386   5,543,075       RESEARCH SUBAWARD
(40) CAL POLY CORPORATION
1 Grand Ave Bldg 15
San Luis Obispo,CA93407
95-1648180 501(c)3 86,577       RESEARCH SUBAWARD
(41) Cal State LA University Auxiliary Svcs Inc
5151 State Univ Dr
Los Angeles,CA90032
95-4016653 501(c)3 50,877       RESEARCH SUBAWARD
(42) Cal State Univ Long Beach Rsch Foundation
1250 Bellflower Blvd HSD 118
LONG BEACH,CA90840
95-6106694 501(c)3 617,227       RESEARCH SUBAWARD
(43) California Institute Of Technology
1200 E California Blvd MC 330-87
Pasadena,CA91125
95-1643307 501(c)3 3,553,785       RESEARCH SUBAWARD
(44) CALIFORNIA STATE COASTAL CONSERVANCY
1515 Clay St
OAKLAND,CA94612
94-3164968   33,955       RESEARCH SUBAWARD
(45) Carnegie Mellon University
5000 Forbes Ave 407 Scrg
PITTSBURGH,PA15213
25-0969449 501(c)3 609,513       RESEARCH SUBAWARD
(46) Casa Colina Hospital & Centers for Healthcare
255 East Bonita Avenue
Pomona,CA91767
95-1643989 501(c)3 119,040       RESEARCH SUBAWARD
(47) Case Western Reserve University
10900 Euclid Ave
CLEVELAND,OH44106
34-1018992 501(c)3 1,000,842       RESEARCH SUBAWARD
(48) Cedars-Sinai Medical Center
8700 Beverly Blvd Rm 8709
Los Angeles,CA90048
95-1644600 501(c)3 559,062       RESEARCH SUBAWARD
(49) Central Michigan University
251 Foust Hall
MOUNT PLEASANT,MI48859
38-6004447 501(c)3 14,955       RESEARCH SUBAWARD
(50) Central States Research
7318 S Yale Ave
TULSA,OK74136
83-1687837   1,697,360       RESEARCH SUBAWARD
(51) Cerveau Technologies Inc
308 N Peters Rd
Knoxville,TN37922
81-1746761   252,980       RESEARCH SUBAWARD
(52) Charles R Drew Univ of Med & Sci
1731 E 120Th St
Los Angeles,CA90059
95-6151774 501(c)3 33,182       RESEARCH SUBAWARD
(53) Charter Research LLC
1724 N Mills Ave
Orlando,FL32803
32-0580896   1,640,770       RESEARCH SUBAWARD
(54) Children's Hospital Los Angeles
4650 Sunset Blvd
Los Angeles,CA90027
95-1690977 501(c)3 4,696,478       RESEARCH SUBAWARD
(55) Children's Hospital of Orange County
455 S Main St
Orange,CA92868
95-2321786 501(c)3 24,217       RESEARCH SUBAWARD
(56) Children's Hospital of Philadelphia
3615 Civic Center Blvd
PHILADELPHIA,PA19104
23-1352166 501(c)3 48,242       RESEARCH SUBAWARD
(57) Cincinnati Childrens Hospital
3333 Burnet Ave
CINCINNATI,OH45229
31-0833936 501(c)3 10,048       RESEARCH SUBAWARD
(58) City Of Hope-Beckman Rsch Inst
1500 E Duarte Rd
DUARTE,CA91010
95-3432210 501(c)3 1,143,513       RESEARCH SUBAWARD
(59) City of Santa Barbara
801 Garden St Suite 200
Santa Barbara,CA93111
95-6000787 GOVT 200,954       RESEARCH SUBAWARD
(60) Clemente Clinical Research Inc
1700 E CESAR E CHAVEZ AVE
Los Angeles,CA90033
92-1808795 501(c)(3) 108,930       RESEARCH SUBAWARD
(61) Collective REMAKE
1704 West Manchester Avenue
Suite 106
Los Angeles,CA90047
83-0769986 501(C)(3) 17,280       GENERAL SUPPORT
(62) Colorado School Of Mines
1500 Illinois St
GOLDEN,CO80401
84-6000551 115 19,977       RESEARCH SUBAWARD
(63) Colorado State University
501 University Ave
FORT COLLINS,CO80523
84-6000545 115 238,361       RESEARCH SUBAWARD
(64) Columbus Memory Center LLC
7196 Northlake Drive
Columbus,GA31909
88-3647784   320,720       RESEARCH SUBAWARD
(65) Community Partners
1000 North Alameda Street
Suite 240
Los Angeles,CA90012
95-4302067 501(C)(3) 485,440       GENERAL SUPPORT
(66) Community Services Unlimited Inc
6569 South Vermont Avenue
Los Angeles,CA90044
95-3218396 501(C)(3) 29,600       GENERAL SUPPORT
(67) Compass Research LLC
100 West Gore St
Orlando,FL32806
65-1265711   588,779       RESEARCH SUBAWARD
(68) Conquest Research LLC
2233 Lee Road
Winter Park,FL32789
82-4355860   118,185       RESEARCH SUBAWARD
(69) Cornell University
414 Uris Hall
ITHACA,NY14853
15-0532082 501(c)3 458,840       RESEARCH SUBAWARD
(70) CSU Fullerton Auxiliary Services Corporation
800 N State College
FULLERTON,CA92831
95-2081258 501(c)3 22,678       RESEARCH SUBAWARD
(71) Curators of the University of Missouri
One Univ Blvd 341 Woods Hall
SAINT LOUIS,MO63121
43-6003859 115 36,812       RESEARCH SUBAWARD
(72) Curii Corporation
212 Elm Street
Somerville,MA02144
82-0858075   1,085,570       RESEARCH SUBAWARD
(73) Dana-Farber Cancer Institute Inc
450 Brookline Ave
BOSTON,MA02215
04-2263040 501(c)3 455,526       RESEARCH SUBAWARD
(74) Dartmouth College
11 Rope Ferry Road 6210
HANOVER,NH03755
02-0222111 501(c)3 37,942       RESEARCH SUBAWARD
(75) Densho
1416 S Jackson St
SEATTLE,WA98144
91-2164150 501(c)3 71,664       RESEARCH SUBAWARD
(76) Dent Neurologic Institute
3980 Sheridan Dr
AMHERST,NY14226
16-1582336 501(c)3 194,570       RESEARCH SUBAWARD
(77) Depaul USA
PO Box 756
Chicago,IL60690
35-2338110 501(C)(3) 10,200       GENERAL SUPPORT
(78) Diagnostic Consulting Network LLC
3193 Lionshead Ave Suite 200
Carlsbad,CA92010
20-5531959   1,800,593       RESEARCH SUBAWARD
(79) DropletPharma Corp
570 WESTWOOD PLZ
Los Angeles,CA90095
88-1330960   202,702       RESEARCH SUBAWARD
(80) Duality Technologies
5 Marine View Plaza
Hoboken,NJ07040
82-0637666   80,481       RESEARCH SUBAWARD
(81) Duke University
308 Research Dr
DURHAM,NC27708
56-0532129 501(c)3 526,776       RESEARCH SUBAWARD
(82) Duquesne University of the Holy Spirit
600 Forbes Avenue
PITTSBURGH,PA15282
25-1035663 501(c)3 9,941       RESEARCH SUBAWARD
(83) Eastern Virginia Medical School
714 Woodis Avenue
Norfolk,VA23507
54-6055378 501(c)3 479,027       RESEARCH SUBAWARD
(84) Ecate LLC
3686 Barham Blvd
Los Angeles,CA90068
84-4349327   29,547       RESEARCH SUBAWARD
(85) Emory University
1364 Clifton Rd Ne
Atlanta,GA30322
58-0566256 501(c)3 2,077,964       RESEARCH SUBAWARD
(86) ERG Holding Company LLC
14271 Metropolis Ave
Fort Myers,FL33912
46-5178087   26,820       RESEARCH SUBAWARD
(87) F B Alliance (dba Fringe Benefits Theatre)
2669 1/4 Waverly Drive
Los Angeles,CA90039
95-4742959 501(C)(3) 17,000       GENERAL SUPPORT
(88) FEAST
3655 South Grand Avenue
Suite 210
Los Angeles,CA90007
46-4312265 501(C)(3) 10,000       GENERAL SUPPORT
(89) FEAST Inc
3655 S Grand Ave
Los Angeles,CA90007
46-4312265 501(c)3 43,701       RESEARCH SUBAWARD
(90) Fred Hutchinson Cancer Center
1100 Fairview Ave N
SEATTLE,WA98109
91-1935159 501(c)3 861,338       RESEARCH SUBAWARD
(91) Garden School Foundation
c/o Missionwell LLC
Pasadena,CA91106
20-3023426 501(C)(3) 21,250       GENERAL SUPPORT
(92) Geisinger Clinic
100 N Academy Ave
DANVILLE,PA17822
23-6291113 501(c)3 94,032       RESEARCH SUBAWARD
(93) General Electric Global Research
1 Research Cir
NISKAYUNA,NY12309
14-0689340   248,838       RESEARCH SUBAWARD
(94) GeoAcuity
2301 Via Alamitos
Palos Verdes Estates,CA90274
47-3806632   241,523       RESEARCH SUBAWARD
(95) Geometric Progress LLC
4380 Rector Rd
Cocoa,FL32926
81-4000620   164,034       RESEARCH SUBAWARD
(96) George Washington University
800 21st Street NW Suite 204
WASHINGTON,DC20052
53-0196584 501(c)3 22,975       RESEARCH SUBAWARD
(97) Georgetown University
4000 Reservoir Rd Nw
WASHINGTON,DC20007
53-0196603 501(c)3 1,679,674       RESEARCH SUBAWARD
(98) Georgia Tech Applied Research Corporation
926 DALNEY STREET Nw
Atlanta,GA30332
58-2374837 501(c)3 281,250       RESEARCH SUBAWARD
(99) Georgia Tech Research Corp
Office of Sponsored Programs
Atlanta,GA30332
58-0603146 501(c)3 105,384       RESEARCH SUBAWARD
(100) Gonzalez MD & Aswad MD Health Services
3401 NW 7th street
Miami,FL33125
47-2114666   2,100,175       RESEARCH SUBAWARD
(101) Harvey Mudd College
301 Platt Blvd
CLAREMONT,CA91711
95-1911219 501(c)3 6,562       RESEARCH SUBAWARD
(102) Headlands Eastern MA LLC
5 Resnik Road
Plymouth,MA02360
92-2730893   502,665       RESEARCH SUBAWARD
(103) Headlands Research - Orlando
7300 SANDLAKE COMMONS BLVD STE 200
Orlando,FL32819
85-2242276   20,095       RESEARCH SUBAWARD
(104) Health Research Inc
Elm and Carlton St
BUFFALO,NY14263
14-1402155 501(c)3 120,931       RESEARCH SUBAWARD
(105) Hoag Memorial Hospital Presbyterian
520 Superior Ave
NEWPORT BEACH,CA92663
95-1643327 501(c)3 31,005       RESEARCH SUBAWARD
(106) Homeboy Industries
130 West Bruno Street
Los Angeles,CA90012
95-4800735 501(C)(3) 13,250       GENERAL SUPPORT
(107) Howard University
525 Bryant St Ste 137
WASHINGTON,DC20059
53-0204707 501(c)3 386,515       RESEARCH SUBAWARD
(108) HRL Laboratories LLC
3011 Malibu Canyon Rd
Malibu,CA90265
95-4663143   492,179       RESEARCH SUBAWARD
(109) Human Services Association
6800 Florence Ave
BELL GARDENS,CA90201
95-1816054 501(c)3 70,195       RESEARCH SUBAWARD
(110) Icahn School of Medicine at Mount Sinai
GC Officer Assoc Dean For SP
New York,NY10029
13-6171197 501(c)3 1,860,477       RESEARCH SUBAWARD
(111) ICT Productions Inc
12015 Waterfront Drive
Playa Vista,CA90094
95-4843260 501(c)3 162,171       RESEARCH SUBAWARD
(112) Illinois Institute of Technology
10 W 35th Street
CHICAGO,IL60616
36-2170136 501(c)3 28,026       RESEARCH SUBAWARD
(113) Indiana University
Clinical Trials Dept 78945
DETROIT,MI48278
35-6001673 115 2,166,560       RESEARCH SUBAWARD
(114) InferLink Corporation
2361 Rosecrans Ave
EL SEGUNDO,CA90245
27-3792359   100,000       RESEARCH SUBAWARD
(115) Innovations for Poverty Action
655 15th St NW Suite 800
Washington DC,DC20005
06-1660068 501(c)3 49,985       RESEARCH SUBAWARD
(116) International Computer Science Institute (ICSI)
2150 Shattuck Ave Suite 250
Berkeley,CA94704
94-3024996 501(c)3 70,000       RESEARCH SUBAWARD
(117) Iowa State University
2221 Wanda Daley Dr
AMES,IA50011
42-6004224 115 126,501       RESEARCH SUBAWARD
(118) Japanese American National Museum
100 N Central Ave
Los Angeles,CA90012
95-3966024 501(c)3 75,961       RESEARCH SUBAWARD
(119) Jazz Hands For Autism
10220 Culver Boulevard
Suite 101
Culver City,CA90232
47-1719982 501(C)(3) 27,650       GENERAL SUPPORT
(120) JEM Headlands LLC
130 JFK Drive
Atlantis,FL33462
85-0548122   161,235       RESEARCH SUBAWARD
(121) Johns Hopkins University
1800 Orleans St
BALTIMORE,MD21287
52-0595110 501(c)3 1,553,358       RESEARCH SUBAWARD
(122) K2 Medical Research LLC
541 S Orlando Ave Suite 100
Maitland,FL32751
86-1831937   1,867,415       RESEARCH SUBAWARD
(123) K2 Summit Research LLC
1400 US HWY 441 Suite 537
Lady Lake,FL32159
88-3749741   273,890       RESEARCH SUBAWARD
(124) Kaiser Foundation Hospitals
100 S Los Robles Ave 2nd Fl
Pasadena,CA91101
94-1105628 501(c)3 550,037       RESEARCH SUBAWARD
(125) Kent State University
800 East Summit Street
Kent,OH44242
31-6402079 501(c)3 55,141       RESEARCH SUBAWARD
(126) Keystone Clinical Studies LLC
920 Germantown Pike Suite 102
Plymouth Meeting,PA19462
16-1683486   510,085       RESEARCH SUBAWARD
(127) Khalsa Peace Corps
1433 West Jefferson Boulevard
Los Angeles,CA90007
26-4601165 501(C)(3) 12,600       GENERAL SUPPORT
(128) LACUSC Medical Center Foundation Inc
1200 N State St
Los Angeles,CA90033
95-4192908 501(c)3 50,232       RESEARCH SUBAWARD
(129) Leidos Incorporated
1750 Presidents Street
Reston,VA20190
95-3630868   157,060       RESEARCH SUBAWARD
(130) Living Advantage Inc
2734 Raymond Avenue
Los Angeles,CA90007
95-4447561 501(C)(3) 17,070       GENERAL SUPPORT
(131) Lockheed Martin Corporation
Suite 600 3 Executive Campus
CHERRY HILL,NJ08002
52-1893632   347,583       RESEARCH SUBAWARD
(132) Loma Linda University
24941 Stewart St
LOMA LINDA,CA92350
95-1816009 501(c)3 397,421       RESEARCH SUBAWARD
(133) Loma Linda University Health
11219 Anderson Street
LOMA LINDA,CA92354
95-3804495 501(c)3 214,031       RESEARCH SUBAWARD
(134) Los Angeles House of Ruth
605 North Cumming Street
Los Angeles,CA90033
95-3411454 501(C)(3) 38,250       GENERAL SUPPORT
(135) Los Angeles LGBT Center
1118 N McCadden Place
Los Angeles,CA90038
95-3567895 501(c)3 11,456       RESEARCH SUBAWARD
(136) Louisiana State University
6400 Perkins Rd
BATON ROUGE,LA70808
72-6000848 115 79,821       RESEARCH SUBAWARD
(137) Louisiana State University Health Sciences Center
433 Bolivar Street 6th Floor
NEW ORLEANS,LA70112
72-6087770 115 123,018       RESEARCH SUBAWARD
(138) Lowcountry Center for Veterans Research
22 WestEdge Street
Charleston,SC29403
56-2054871 501(c)3 1,729,011       RESEARCH SUBAWARD
(139) Lumen Technologies Government Solutions Inc
Centurylink
HERNDON,VA20171
84-1108481   764,760       RESEARCH SUBAWARD
(140) Lundquist Inst for Biomedical Innovation UCLA
1124 W Carson St
TORRANCE,CA90502
95-2138184 501(c)3 103,733       RESEARCH SUBAWARD
(141) Massachusetts General Hospital
149 13th St
BOSTON,MA02129
04-2697983 501(c)3 1,573,199       RESEARCH SUBAWARD
(142) Massachusetts Institute of Technology
77 Massachusetts Ave
Cambridge,MA02142
04-2103594 501(c)3 1,956,730       RESEARCH SUBAWARD
(143) Mayo Clinic
200 First St Sw
ROCHESTER,MN55905
41-6011702 501(c)3 2,472,796       RESEARCH SUBAWARD
(144) Mayo Clinic Jacksonville
4500 San Pablo Rd
Jacksonville,FL32224
59-3337028 501(c)3 1,240,732       RESEARCH SUBAWARD
(145) MD Anderson Cancer Center
1515 Holcombe Boulevard Unit 1644
HOUSTON,TX77030
74-6001118 115 402,754       RESEARCH SUBAWARD
(146) Med-Ally LLC
2040 Bushy Park Road
Goose Creek,SC29445
45-4662780   1,757,657       RESEARCH SUBAWARD
(147) Medical Univ Of South Carolina
5900 Core Ave
NORTH CHARLESTON,SC29406
57-6000722 115 16,664       RESEARCH SUBAWARD
(148) Medipace Inc
420 S Madison Ave Apt 206
Pasadena,CA91101
83-1284289   918,370       RESEARCH SUBAWARD
(149) Meilleur Technologies Inc
308 N Peters Rd
Knoxville,TN37922
84-3210123   22,463       RESEARCH SUBAWARD
(150) Mel-Caro LLC
2255 SW 32nd Ave Suite 202
Miami,FL33145
88-4128598   70,275       RESEARCH SUBAWARD
(151) Memorial Health Services
17360 Brookhurst Street
Fountain Valley,CA92708
95-1643381 501(c)3 36,267       RESEARCH SUBAWARD
(152) Merit Network Inc
1000 Oakbrook Dr Suite 200
Ann Arbor,MI48104
38-2210903 501(c)3 52,439       RESEARCH SUBAWARD
(153) MetroHealth System
2500 MetroHealth Drive
CLEVELAND,OH44109
34-6004382   62,409       RESEARCH SUBAWARD
(154) Michigan State University
426 Auditorium Rd Rm 2
EAST LANSING,MI48824
38-6005984 501(c)3 171,134       RESEARCH SUBAWARD
(155) Michigan Technological University
1400 Townsend Drive
Houghton,MI49931
38-6005955 115 19,567       RESEARCH SUBAWARD
(156) Mississippi State University
133 Etheredge Hall
MISSISSIPPI STATE,MS39762
64-6000819 501(c)3 8,736       RESEARCH SUBAWARD
(157) Mote Marine Laboratory
1600 Ken Thompson Pkwy
SARASOTA,FL34236
59-0756643 501(c)3 22,247       RESEARCH SUBAWARD
(158) National Adult Protective Services
1612 K Street NW Suite 200
WASHINGTON,DC20006
30-0044497 501(c)3 15,000       RESEARCH SUBAWARD
(159) National Clinical Research Inc
2809 Emerywood Parkway Suite 140
Richmond,VA23294
54-1698113   759,520       RESEARCH SUBAWARD
(160) NCCNHR
1001 Connecticut Ave Nw
WASHINGTON,DC20036
52-1122531 501(c)3 15,000       RESEARCH SUBAWARD
(161) Nelson Mullins Riley & Scarborough LLP
PO Drawer 11009
Columbia,SC29211
57-0215445   20,000       RESEARCH SUBAWARD
(162) New Mexico Institute of Mining & Technology
801 Leroy Place
SOCORRO,NM87801
85-6000411 501(c)3 23,014       RESEARCH SUBAWARD
(163) New York University
345 E 24th St Rm 817
New York,NY10010
13-5562308 501(c)3 543,412       RESEARCH SUBAWARD
(164) New York University Medical Center
550 First Ave
New York,NY10016
13-5562309 501(c)3 17,550       RESEARCH SUBAWARD
(165) North Carolina State Univ
Campus Box 7203
RALEIGH,NC27695
56-6000756 115 231,889       RESEARCH SUBAWARD
(166) Northeastern Univ
360 Huntington Ave
BOSTON,MA02115
04-1679980 501(c)3 1,562,893       RESEARCH SUBAWARD
(167) Northern Arizona University
PO Box 5689
FLAGSTAFF,AZ86011
74-2579628 115 212,963       RESEARCH SUBAWARD
(168) Northern California Institute forResearch&Edu
Ncire
San Francisco,CA94121
94-3084159 501(c)3 289,293       RESEARCH SUBAWARD
(169) Northrop Grumman Systems Corp
One Space Park
REDONDO BEACH,CA90278
95-1055798   31,348,229       RESEARCH SUBAWARD
(170) Northwestern University
1801 Maple Ave
EVANSTON,IL60201
36-2167817 501(c)3 996,311       RESEARCH SUBAWARD
(171) NuCrypt LLC
1460 Renaissance Drive
Park Ridge,IL60068
06-1695087   579,879       RESEARCH SUBAWARD
(172) Oak Ridge Center for Risk Analysis Inc
102 Donner Drive
Oak Ridge,TN37830
62-1508079   19,940       RESEARCH SUBAWARD
(173) Occidental College
1600 Campus Rd
Los Angeles,CA90041
95-1667177 501(c)3 268,667       RESEARCH SUBAWARD
(174) Old Dominion University Research Foundation
4111 Monarch Way Suite 204
Norfolk,VA23508
54-6068198 501(c)3 811,070       RESEARCH SUBAWARD
(175) Olive View-UCLA Education & Research Institute
14445 Olive View Dr
Sylmar,CA91342
95-2249539 501(c)3 10,619       RESEARCH SUBAWARD
(176) Oregon Health & Science University
3181 SW Sam Jackson Park Rd
Portland,OR97239
93-1176109 115 1,520,070       RESEARCH SUBAWARD
(177) Oregon State University
2701 SW Campus Way Cordley Hall
CORVALLIS,OR97331
61-1730890 115 61,370       RESEARCH SUBAWARD
(178) OUR HOUSE Grief Support Center
3415 South Sepulveda Boulevard
Suite 120
Los Angeles,CA90034
33-0529915 501(C)(3) 23,620       GENERAL SUPPORT
(179) Palo Alto Veterans Institute for Research
Paire 151P
PALO ALTO,CA94305
77-0207331 501(c)3 225,947       RESEARCH SUBAWARD
(180) PDF Solution Inc
2858 DE LA CRUZ BLVD
Santa Clara,CA95050
25-1701361   2,366,225       RESEARCH SUBAWARD
(181) Pediatric and Family Medical Center
1530 S Olive St
Los Angeles,CA90015
95-1690966   50,000       RESEARCH SUBAWARD
(182) Perry Institute for Marine Science Inc
5356 Main St
Waitsfield,VT05673
59-1308004 501(c)3 37,770       RESEARCH SUBAWARD
(183) Physicians for Social Responsibility - LA
617 S Olive Street Suite 1100
Los Angeles,CA90014
95-3956136 501(c)3 235,350       RESEARCH SUBAWARD
(184) Pima Community College
4905 E Broadway Blvd
TUCSON,AZ85709
86-0208787 115 138,667       RESEARCH SUBAWARD
(185) Plaza de la Raza
3540 Mission Road
Los Angeles,CA90031
23-7109631 501(C)(3) 11,400       GENERAL SUPPORT
(186) President and Fellows of Harvard College
1033 Massachusetts Ave
Cambridge,MA02138
04-2103580 501(c)3 525,261       RESEARCH SUBAWARD
(187) Preston Dale L
1335 H St
Eureka,CA95501
55-0723470   87,500       RESEARCH SUBAWARD
(188) Project Scientist
548 Market Street
PMB 83994
San Francisco,CA94104
46-1763945 501(C)(3) 27,160       GENERAL SUPPORT
(189) Public Health Institute
555 12th St
OAKLAND,CA94607
94-1646278 501(c)3 9,568,632       RESEARCH SUBAWARD
(190) PUENTE Learning Center
501 South Boyle Avenue
Los Angeles,CA90033
95-4242175 501(C)(3) 19,800       GENERAL SUPPORT
(191) Purdue University
HOVDE Hall/610 Purdue Mall
WEST LAFAYETTE,IN47907
35-6002041 501(c)3 758,867       RESEARCH SUBAWARD
(192) Rancho Research Institute
PO Box 3500
Downey,CA90242
95-1911180 501(c)3 103,563       RESEARCH SUBAWARD
(193) Redeemer Community Partnership
PO Box 180499
Los Angeles,CA90018
91-2144336 501(C)(3) 15,180       GENERAL SUPPORT
(194) Regenerative Patch Technologies LLC
150 Gabarda Way
PORTOLA VALLEY,CA94028
90-0998159   2,000,000       RESEARCH SUBAWARD
(195) Regents of the University of CA Santa Barbara
Univ Ctr Scheduling
Santa Barbara,CA93106
95-6006145 501(c)3 4,233,169       RESEARCH SUBAWARD
(196) Regents of the University of CA Davis
2795 Second St
Davis,CA95618
94-6036494 115 1,216,800       RESEARCH SUBAWARD
(197) Regents of the University of CA Irvine
3054 Hewitt Hall
IRVINE,CA92697
95-2226406 501(c)3 4,899,376       RESEARCH SUBAWARD
(198) Regents of the University of CA Riverside
900 Univ Ave/Studentsvcsbldg
Riverside,CA92521
95-6006142 501(c)3 1,287,037       RESEARCH SUBAWARD
(199) Regents of the University of CA San Diego
Biomedical Sciences Building
LA JOLLA,CA92093
95-6006144 501(c)3 4,363,031       RESEARCH SUBAWARD
(200) Regents Of The University Of CA Santa Cruz
1156 High St
SANTA CRUZ,CA95064
94-1539563 501(c)3 164,614       RESEARCH SUBAWARD
(201) Regents of the University of Colorado
995 Regent Dr
BOULDER,CO80309
84-6000555 501(c)3 1,302,531       RESEARCH SUBAWARD
(202) Regents of the University of Michigan
435 S State St
Ann Arbor,MI48109
38-6006309 501(c)3 6,617,834       RESEARCH SUBAWARD
(203) Regents of the University Of Minnesota
200 Oak St SE 450 McNamara Alumni C
MINNEAPOLIS,MN55455
41-6007513 115 1,278,085       RESEARCH SUBAWARD
(204) Regents of Univ CALos Angeles
11000 Kinross Ave
Los Angeles,CA90095
95-6006143 501(c)3 7,195,849       RESEARCH SUBAWARD
(205) Regents UCController's Ofc UCSF
1855 Folsom St Ste 425
San Francisco,CA94143
94-6036493 501(c)3 3,750,794       RESEARCH SUBAWARD
(206) Renstar LLC
21 NE 1st Avenue
Ocala,FL34470
59-3496313   436,700       RESEARCH SUBAWARD
(207) Research Found for Mental Hygiene
150 Broadway
MENANDS,NY12204
14-1410842 501(c)3 147,323       RESEARCH SUBAWARD
(208) Research Foundation of the City Univ of NY
230 W 41 St
New York,NY10036
13-1988190 501(c)3 154,377       RESEARCH SUBAWARD
(209) Research Triangle Institute
3040 Cornwallis Rd
RESEARCH TRIANGLE PARK,NC27709
56-0686338 501(c)3 441,332       RESEARCH SUBAWARD
(210) Rhode Island Hospital
One Hoppin St
PROVIDENCE,RI02903
05-0258954 501(c)3 347,075       RESEARCH SUBAWARD
(211) Rice University
6100 Main St
HOUSTON,TX77005
74-1109620 501(c)3 291,609       RESEARCH SUBAWARD
(212) Riverlane Research Inc
1 Broadway Ste 14
Cambridge,MA02142
87-0960313   119,763       RESEARCH SUBAWARD
(213) Riverside Unified School District
3380 14th Street
Riverside,CA92501
95-2883296 GOVT 61,853       RESEARCH SUBAWARD
(214) Rochester Institute of Technology
1 Lomb Memorial Dr
ROCHESTER,NY14623
16-0743140 501(c)3 35,271       RESEARCH SUBAWARD
(215) Rush University Medical Center
1700 W Van Buren
CHICAGO,IL60612
36-2174823 501(c)3 1,741,441       RESEARCH SUBAWARD
(216) Ruten Inc
1657 Cove Ct
Naperville,IL60565
93-3100061   24,751       RESEARCH SUBAWARD
(217) Rutgers The State University
65 Davidson Rd Rm 306
PISCATAWAY,NJ08854
46-2354111 115 272,053       RESEARCH SUBAWARD
(218) Rypos Inc
40 Kenwood Circle
FRANKLIN,MA02038
04-3395937   49,784       RESEARCH SUBAWARD
(219) Saint Luke's Hospital
4401 Wornall Rd
KANSAS CITY,MO64111
44-0545297 501(c)3 335,023       RESEARCH SUBAWARD
(220) San Diego State Univ Foundation
5250 Campanile Dr
San Diego,CA92182
95-6042721 501(c)3 195,144       RESEARCH SUBAWARD
(221) San Francisco Estuary Institute
4911 Central Avenue
Richmond,CA94804
94-2951373 501(c)3 96,153       RESEARCH SUBAWARD
(222) San Jose State Univ Research Fdn
210 North 4th St
SAN JOSE,CA95112
94-6017638 501(c)3 37,307       RESEARCH SUBAWARD
(223) Sanford Burnham Prebys Medical Discovery Institute
10901 N Torray Pines Rd
LA JOLLA,CA92037
51-0197108 501(c)3 164,453       RESEARCH SUBAWARD
(224) School on Wheels Inc
PO Box 23371
Ventura,CA93022
95-4422640 501(C)(3) 18,620       GENERAL SUPPORT
(225) Scripps Research Institute
10550 NTorrey Pines Road
LA JOLLA,CA92037
33-0435954 501(c)3 222,331       RESEARCH SUBAWARD
(226) Seattle Children's Hospital
2001 Eighth Ave
SEATTLE,WA98121
91-0564748 501(c)3 11,417       RESEARCH SUBAWARD
(227) Seattle Institute for Biomedical & Clinical Res
1660 South Columbian Way
SEATTLE,WA98108
91-1452438 501(c)3 282,909       RESEARCH SUBAWARD
(228) Services and Advocacy for GLBT Elders
305 7th Ave
New York,NY10001
13-2947657 501(c)3 10,000       RESEARCH SUBAWARD
(229) Setting Priorities for Retirement Years Found
1612 K St NW Suite 200
WASHINGTON,DC20006
52-1723616 501(c)3 7,500       RESEARCH SUBAWARD
(230) Shared Spectrum Company
1593 Spring Hill Road
Vienna,VA22182
31-1749371   209,504       RESEARCH SUBAWARD
(231) Sharp HealthCare Foundation
8695 Spectrum Center Blvd
San Diego,CA92123
95-3492461 501(c)3 1,434,054       RESEARCH SUBAWARD
(232) Shedd Aquarium Society
1200 South Lake Shore Drive
CHICAGO,IL60605
36-2167918 501(c)3 80,025       RESEARCH SUBAWARD
(233) Sola Community Peace Center
3651 South Vermont Avenue
Los Angeles,CA90007
37-1945764 501(C)(3) 16,780       GENERAL SUPPORT
(234) Sonoma Technology Inc
1450 N McDowell Blvd
PETALUMA,CA94954
94-2824807   11,623       RESEARCH SUBAWARD
(235) Spelman College
350 Spelman Lane SW
Atlanta,GA30314
58-0566243 501(c)3 11,724       RESEARCH SUBAWARD
(236) St Joseph's Hospital and Medical Center
350 West Thomas Road Flr 8Hlt
PHOENIX,AZ85013
86-0096787   208,698       RESEARCH SUBAWARD
(237) St Jude Children's Research Hospital Inc
262 Danny Thomas Place
Memphis,TN38105
62-0646012 501(c)3 928,183       RESEARCH SUBAWARD
(238) St Louis University
3700 West Pine Mall
St Louis,MO63108
43-0654872 501(c)3 554,892       RESEARCH SUBAWARD
(239) Street Law Inc
1010 Wayne Avenue
Silver Spring,MD20910
52-2015256 501(c)3 130,027       RESEARCH SUBAWARD
(240) Summit Headlands LLC
2701 NW Vaughn Street
Portland,OR97210
86-1802055   945,910       RESEARCH SUBAWARD
(241) SUMMITLAB CORPORATION
29029 Upper Bear Creek Rd Ste 302
Evergreen,CO80439
84-1735868   1,268,990       RESEARCH SUBAWARD
(242) Syracuse University
113 Bowne Hall
SYRACUSE,NY13244
15-0532081 501(c)3 214,821       RESEARCH SUBAWARD
(243) Technical Education Research Centers Inc
2067 Massachusetts Avenue
Cambridge,MA02140
04-6134355 501(c)3 54,263       RESEARCH SUBAWARD
(244) Teledyne Scientific & Imaging LLC
221 Commerce Drive
Montgomeryville,PA18936
52-2314487   1,149,222       RESEARCH SUBAWARD
(245) Temple University
1114 W Polett Walk
Philadelpha,PA19122
23-1365971 501(c)3 45,516       RESEARCH SUBAWARD
(246) T'ena Health
1701 South Figueroa Street Unit 11
Los Angeles,CA90015
83-4267004 501(C)(3) 17,670       GENERAL SUPPORT
(247) Texas A&M Univ
400 Harvey Mitchell Pkwy S Ste 300
COLLEGE STATION,TX77845
74-6000531 115 146,330       RESEARCH SUBAWARD
(248) Texas State University
601 University
San Marcos,TX78666
74-6002248 GOVT 167,334       RESEARCH SUBAWARD
(249) Texas Tech University
PO Box 40002
LUBBOCK,TX79409
75-6002622 115 90,046       RESEARCH SUBAWARD
(250) The Administrators of the Tulane Eductl Fund
800 East Commerce Rd Ste 203
HARAHAN,LA70123
72-0423889 501(c)3 13,064       RESEARCH SUBAWARD
(251) The Board of Trustees of The Univ of Alabama
152 Rose Adm Bldg
Tuscaloosa,AL35487
63-6001138 501(c)3 71,098       RESEARCH SUBAWARD
(252) The Brigham and Women's Hospital Inc
665 Huntington Avenue Room 255
BOSTON,MA02115
04-2312909 501(c)3 2,495,673       RESEARCH SUBAWARD
(253) The Broad Institute Inc
415 Main Street
Cambridge,MA02142
26-3428781 501(c)(3) 467,964       RESEARCH SUBAWARD
(254) The Cleveland Clinic Foundation
9500 Euclid Ave
CLEVELAND,OH44195
34-0714585 501(c)3 1,675,101       RESEARCH SUBAWARD
(255) The Geneva Foundation
917 Pacific Ave Suite 600
Tacoma,WA98402
91-1593913 501(c)3 47,229       RESEARCH SUBAWARD
(256) The Jackson Laboratory
600 Main St
BAR HARBOR,ME04609
01-0211513 501(c)3 607,421       RESEARCH SUBAWARD
(257) The Jester & Pharley Phund
PO Box 817
Palos Verdes Estates,CA90274
95-4785834 501(C)(3) 11,980       GENERAL SUPPORT
(258) The Methodist Hospital Research Institute
6670 Bertner Avenue
HOUSTON,TX77030
87-0721923 501(c)3 700,630       RESEARCH SUBAWARD
(259) The Neuron Clinic GP
838 Nordahl Rd Ste 200
San Marcos,CA92069
83-3156882   28,500       RESEARCH SUBAWARD
(260) The Ohio State University
650 Ackerman Rd
Columbus,OH43202
31-6025986 115 1,277,739       RESEARCH SUBAWARD
(261) The Pennsylvania State University
512 Paterno Library
UNIVERSITY PARK,PA16802
24-6000376 115 393,231       RESEARCH SUBAWARD
(262) The Rand Corporation
1776 Main St
SANTA MONICA,CA90401
95-1958142 501(c)3 771,463       RESEARCH SUBAWARD
(263) The Raytheon Company
2000 El Segundo Blvd
EL SEGUNDO,CA90245
95-1778500   380,000       RESEARCH SUBAWARD
(264) The Rector & Visitors of the Univ of Virginia
210 Sprigg Ln
CHARLOTTESVILLE,VA22903
54-6001796 501(c)3 408,911       RESEARCH SUBAWARD
(265) The Regents of the University of CA
133 Doe Library
Berkeley,CA94720
94-6002123 501(c)3 1,405,547       RESEARCH SUBAWARD
(266) The Research Foundation for The SUNY
458 Natural Sciemces Complex
BUFFALO,NY14260
14-1368361 501(c)3 193,710       RESEARCH SUBAWARD
(267) The Santa Monica College Foundation
1900 PICO Blvd
SANTA MONICA,CA90405
95-6047779 501(c)3 20,247       RESEARCH SUBAWARD
(268) The Trustees of Princeton University
701 Carnegie Ctr Ste 443
PRINCETON,NJ08540
21-0634501 501(c)3 251,438       RESEARCH SUBAWARD
(269) The Univ of Central Florida Board of Trustees
12201 Research Pkwy
Orlando,FL32826
59-2924021 115 259,822       RESEARCH SUBAWARD
(270) The Univ of Texas Southwestern Medical Center
5323 Harry Hines Blcd
DALLAS,TX75390
75-6002868 115 700,271       RESEARCH SUBAWARD
(271) The University Corporation
18111 Nordhoff St
NORTHRIDGE,CA91330
95-1992732 501(c)3 81,807       RESEARCH SUBAWARD
(272) The University of Arizona
Arizona Ctrforintegrativemedicine
TUCSON,AZ85724
74-2652689 115 277,163       RESEARCH SUBAWARD
(273) The University Of Texas At Austin
3925 W Braker Ln WPR4725 R4500
AUSTIN,TX78759
74-6000203 115 651,296       RESEARCH SUBAWARD
(274) Third Sector New England Inc
89 South St
BOSTON,MA02111
04-2261109 501(c)3 6,690       RESEARCH SUBAWARD
(275) Trustees of Columbia Univ in the City of NY
622 W 132nd St 6th Fl
New York,NY10027
13-5598093 501(c)3 1,506,546       RESEARCH SUBAWARD
(276) Trustees of the University Of Pennsylvania
125 South 31st Street Suite 2000A
PHILADELPHIA,PA19104
23-1352685 501(c)3 3,164,712       RESEARCH SUBAWARD
(277) Trustees of Tufts College
Office of Research Adm
BOSTON,MA02111
04-2103634 501(c)3 7,985       RESEARCH SUBAWARD
(278) UC Regents - Lawrence Berkeley
Po Box 528
Berkeley,CA94701
94-2951741 115 275,539       RESEARCH SUBAWARD
(279) Univ Of Alabama At Birmingham
720 20th St South
BIRMINGHAM,AL35294
63-6005395 115 561,524       RESEARCH SUBAWARD
(280) Univ of Maryland
22 S Greene St
BALTIMORE,MD21201
52-6002033 115 109,524       RESEARCH SUBAWARD
(281) Univ of Massachusetts Amherst
140 Hicks Way
AMHERST,MA01003
04-3167352 115 140,705       RESEARCH SUBAWARD
(282) Univ Of Texas At Dallas
800 W Campbell Road Mp15
RICHARDSON,TX75080
75-1305566 GOVT 332,700       RESEARCH SUBAWARD
(283) Univ of Texas Southwestern Med Cntr
PO Box 841753
DALLAS,TX75284
74-1761309 115 424,682       RESEARCH SUBAWARD
(284) Univ of TX Health Sci Center of San Antonio
8403 Floyd Curl
San Antonio,TX78229
74-1586031 115 235,308       RESEARCH SUBAWARD
(285) University of Alabama at Birmingham
1720 Second Ave South
BIRMINGHAM,AL35294
63-6005396 115 365,444       RESEARCH SUBAWARD
(286) University Of Arizona
1295 N Martin Ave
TUCSON,AZ85721
86-6004791 115 32,927       RESEARCH SUBAWARD
(287) University Of Chicago
6030 S Ellis Ave Rm Ed-114
CHICAGO,IL60637
36-2177139 501(c)3 59,487       RESEARCH SUBAWARD
(288) University Of Cincinnati
51 Goodman Dr Univ Hall 530
CINCINNATI,OH45221
31-6000989 115 171,568       RESEARCH SUBAWARD
(289) University of Connecticut Health Center
263 Farrmington Ave
Farmington,CT06030
52-1725543 GOVT 56,596       RESEARCH SUBAWARD
(290) University of Denver
2060 S Gaylord St
DENVER,CO80210
84-0404231 501(c)3 61,268       RESEARCH SUBAWARD
(291) University of Florida
PO Box 100-284
GAINESVILLE,FL32610
59-6002052 501(c)3 2,407,622       RESEARCH SUBAWARD
(292) University Of Georgia
617 Boyd Grad Studies Rsch Ctr
ATHENS,GA30602
58-6001998 115 88,514       RESEARCH SUBAWARD
(293) University of Georgia Research Foundation Inc
617 Boyd Gsrc
ATHENS,GA30602
58-1353149 501(c)3 14,599       RESEARCH SUBAWARD
(294) University of Hawaii
2440 Campus Rd
HONOLULU,HI96822
99-6000354 115 326,851       RESEARCH SUBAWARD
(295) University Of Houston
4302 Univ Dr Rm316 Ezekiel W Cullen
HOUSTON,TX77204
74-6001399 115 70,428       RESEARCH SUBAWARD
(296) University Of Illinois at Chicago
1855 W Taylor St Ste 3138 Mc648
CHICAGO,IL60612
37-6000511 501(c)3 201,920       RESEARCH SUBAWARD
(297) University Of Iowa
Div of Sponsored Programs
IOWA CITY,IA52242
42-6004813 115 483,687       RESEARCH SUBAWARD
(298) University Of Kansas
Center For Remote Sensing Of Ice
LAWRENCE,KS66045
48-0680117 501(c)3 567,540       RESEARCH SUBAWARD
(299) University of Kansas Medical Ctr Inst Inc
3901 Rainbow Blvd
KANSAS CITY,KS66160
48-1108830 501(c)3 2,218,054       RESEARCH SUBAWARD
(300) University of Kentucky Research Foundation
109 Kinkead Hi
LEXINGTON,KY40506
61-6033693 501(c)3 2,251,800       RESEARCH SUBAWARD
(301) University of Louisville Research Foundation
300 East Market St
LOUISVILLE,KY40202
61-1029626 501(c)3 315,788       RESEARCH SUBAWARD
(302) University of Maryland
737 W Lombard St
BALTIMORE,MD21201
52-6002036 501(c)3 1,165,435       RESEARCH SUBAWARD
(303) University of Miami
240 Ashe Administration Bldg
Miami,FL33146
59-0624458 501(c)3 51,950       RESEARCH SUBAWARD
(304) University Of New Mexico
1 Univ of New Mexico Heath Sciences
Albuquerque,NM87131
85-6003005 115 239,416       RESEARCH SUBAWARD
(305) University Of North Carolina
116 South Boundary St
CHAPEL HILL,NC27514
56-6001393 501(c)3 839,337       RESEARCH SUBAWARD
(306) University of North Florida
1 UNF Drive
Jacksonville,FL32224
59-2976169 GOVT 6,814       RESEARCH SUBAWARD
(307) University of North Texas Health Science Ctr
3500 Camp Bowie Blvd
Fort Worth,TX76107
75-6064033 115 235,479       RESEARCH SUBAWARD
(308) University of Notre Dame du Lac
709 Grace Hall
NOTRE DAME,IN46556
35-0868188 501(c)3 304,336       RESEARCH SUBAWARD
(309) University of Oregon
Zebrafish Intl Resource Ctr
EUGENE,OR97403
93-6001786 115 74,389       RESEARCH SUBAWARD
(310) University of Pittsburgh
Permissions Dept
PITTSBURGH,PA15213
25-0965591 501(c)3 1,316,534       RESEARCH SUBAWARD
(311) University Of Rochester
410 Hutchison Hall River Station
ROCHESTER,NY14627
16-0743209 501(c)3 2,570,105       RESEARCH SUBAWARD
(312) University of South Florida
PO Box 864568
Orlando,FL32886
59-3102112 115 1,220,494       RESEARCH SUBAWARD
(313) University Of Tennessee
855 Monroe Ave
Memphis,TN38163
62-6001636 115 148,215       RESEARCH SUBAWARD
(314) University of Texas at El Paso
500 W University Ave
EL PASO,TX79968
74-6000813 115 18,315       RESEARCH SUBAWARD
(315) University of Texas Medical Branch at Galveston
301 University Blvd
Galveston,TX77555
74-6000949 115 80,030       RESEARCH SUBAWARD
(316) University Of Utah
100 South West Temple
SALT LAKE CITY,UT84101
87-6000525 501(c)3 431,919       RESEARCH SUBAWARD
(317) University of Washington
1503 NE Boat St
SEATTLE,WA98195
91-6001537 115 1,406,292       RESEARCH SUBAWARD
(318) US Department of Agriculture
430 G Street
Davis,CA95616
72-0564834 115 17,701       RESEARCH SUBAWARD
(319) USC Health System
1510 SAN PABLO STREET
LOS ANGELES,CA90089
85-0666499 501(C)(3) 8,859,646       CONTRIBUTION
(320) Utah State University
1770 N Research Pkwy Ste 123
NORTH LOGAN,UT84341
87-6000528 501(c)3 9,959       RESEARCH SUBAWARD
(321) Vanderbilt University Medical Center
3319 West End Ave
NASHVILLE,TN37203
35-2528741 501(c)3 1,550,517       RESEARCH SUBAWARD
(322) Vanderbilt University
1400 18th Ave South
NASHVILLE,TN37212
62-0476822 501(c)3 34,695       RESEARCH SUBAWARD
(323) Variety Boys & Girls Club
2530 Cincinnati Street
Los Angeles,CA90033
95-1919219 501(C)(3) 11,520       GENERAL SUPPORT
(324) Veterans Medical Research Foundation SD
3350 La Jolla Village Dr
San Diego,CA92161
33-0189397 501(c)3 279,912       RESEARCH SUBAWARD
(325) Vip Community Mental Health Ctr
1721 Griffin Ave
Los Angeles,CA90031
30-0017808 501(c)3 41,693       RESEARCH SUBAWARD
(326) Virginia Commonwealth University
800 E Leigh St
Richmond,VA23219
54-6001758 115 51,593       RESEARCH SUBAWARD
(327) Virginia Polytechnic Institute and State Univ
300 Turner Street Nw
BLACKSBURG,VA24061
54-6001805 115 57,476       RESEARCH SUBAWARD
(328) Vision y Compromiso
1000 N Alameda St
Los Angeles,CA90012
32-0071651 501(c)3 11,964       RESEARCH SUBAWARD
(329) Wake Forest Univ Health Sciences
Medical Center Blvd
WINSTONSALEM,NC27157
22-3849199 501(c)3 2,145,101       RESEARCH SUBAWARD
(330) Washington University in St Louis
660 S Euclid Campus Box 8232
ST LOUIS,MO63110
43-0653611 501(c)3 2,181,563       RESEARCH SUBAWARD
(331) Wayne State University
4809 Woodward Ave
DETROIT,MI48201
38-6028429 501(c)3 146,708       RESEARCH SUBAWARD
(332) Weill Medical College of Cornell University
575 Lexington Ave 9th Fl
New York,NY10022
13-1623978 501(c)3 294,642       RESEARCH SUBAWARD
(333) Wellnest
3031 South Vermont Avenue
Los Angeles,CA90007
95-1690974 501(C)(3) 15,520       GENERAL SUPPORT
(334) WISE & Healthy Aging
1527 4th Street 2nd Floor
SANTA MONICA,CA90401
95-2788014 501(c)3 12,159       RESEARCH SUBAWARD
(335) Wofford College
429 N Church Street
Spartanburg,SC29303
57-0314422 501(c)3 15,615       RESEARCH SUBAWARD
(336) Woods Hole Oceanographic Inst
360 Woods Hole Rd Ms4
WOODS HOLE,MA02543
04-2105850 501(c)3 57,840       RESEARCH SUBAWARD
(337) Yale University
PO Box 1873
NEW HAVEN,CT06520
06-0646973 501(c)3 5,231,877       RESEARCH SUBAWARD
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
272
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
65
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) Rev. 1-2025

Schedule I (Form 990) Rev. 1-2025
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 AID 25952 846,941,989   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 USC NEIGHBORHOOD OUTREACH FUNDS ARE DISTRIBUTED THROUGH A COMPETITIVE GRANT MAKING PROCESS. A GRANT REVIEW COMMITTEE COMPRISED OF UNIVERSITY FACULTY, AND STAFF VOLUNTEERS REVIEWS ALL GRANTS, AND PROVIDES FUNDING RECOMMENDATIONS BASED ON A SET OF CRITERIA. ALL FINAL GRANT AWARD DECISIONS ARE MADE BY CIVIC ENGAGEMENT. USC NEIGHBORHOOD OUTREACH MONITORS THE GRANT AWARDS THROUGH AN INTERIM REPORT SIX MONTHS INTO THE PROJECT, AND A FINAL CUMULATIVE REPORT AT THE END OF THE PROJECT. WE CONDUCT AD HOC SITE VISITS TO OBSERVE THE PROGRAM AND REVIEW EDUCATION CONSORTIUM OF CENTRAL LA (ECCLA) ACCOUNTING RECORDS. THE UNIVERSITY OF SOUTHERN CALIFORNIA ADMINISTERS ONE OF THE NATION'S LARGEST FINANCIAL AID PROGRAMS THROUGH ITS FINANCIAL AID OFFICE, AWARDING $846.9 MILLION IN AID TO OVER TWO-THIRDS OF OUR UNDERGRADUATE STUDENTS. WE WILL MEET THE FULL USC-DETERMINED FINANCIAL NEED OF ALL ADMITTED UNDERGRADUATE STUDENTS WHO MEET ALL FEDERAL, STATE, AND UNIVERSITY ELIGIBILITY REQUIREMENTS AND DEADLINES. STUDENTS AND THEIR PARENTS ARE REQUIRED TO SUBMIT ALL APPLICATIONS AND SUPPORT DOCUMENTS, MEETING ALL DEADLINES, IN ORDER TO MAKE THEIR CLAIM FOR FINANCIAL ASSISTANCE AND TO BE CONSIDERED FOR FINANCIAL AID. PART II THE UNIVERSITY OF SOUTHERN CALIFORNIA ALSO ADMINISTERS SUBAWARDS FOR RESEARCH TO OTHER ORGANIZATIONS IN CONNECTION WITH RESEARCH GRANTS AWARDED TO THE UNIVERSITY. EXPENDITURES RELATED TO RESEARCH GRANTS ARE CONTINUALLY MONITORED BY PRINCIPAL INVESTIGATORS ASSOCIATED WITH THAT AWARD. PART III, COLUMN(C) THE CASH GRANT IS REFLECTED ON STUDENT ACCOUNTS.
Schedule I (Form 990) Rev. 1-2025



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
(Rev. January 2025)
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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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
 
No
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
 
No
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) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
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
1CAROL L FOLT
PRESIDENT/TRUSTEE
(i)

(ii)
2,030,318
-------------
0
850,000
-------------
0
1,196,999
-------------
0
164,750
-------------
0
59,227
-------------
0
4,301,294
-------------
0
0
-------------
0
2ERIK BRINK
SVP FINANCE & CFO
(i)

(ii)
1,058,890
-------------
0
48,750
-------------
0
153,513
-------------
0
159,500
-------------
0
93,227
-------------
0
1,513,880
-------------
0
0
-------------
0
3JOEL CURRAN
SVP & CHIEF COMMS OFFICER
(i)

(ii)
603,643
-------------
0
114,952
-------------
0
144,060
-------------
0
132,833
-------------
0
19,422
-------------
0
1,014,910
-------------
0
50,000
-------------
0
4CAROLYN DOMEN-BROSHEARS
SECRETARY OF THE UNIVERSITY
(i)

(ii)
385,243
-------------
0
50,000
-------------
0
35,840
-------------
0
34,500
-------------
0
82,576
-------------
0
588,159
-------------
0
0
-------------
0
5SAMUEL GARRISON
SVP, UNIVERSITY RELATIONS
(i)

(ii)
486,388
-------------
0
125,000
-------------
0
75,935
-------------
0
34,500
-------------
0
58,737
-------------
0
780,560
-------------
0
0
-------------
0
6ANDREW T GUZMAN
PROVOST & SVP ACADEMIC AFFAIRS
(i)

(ii)
860,317
-------------
0
43,875
-------------
0
213,440
-------------
0
34,500
-------------
0
131,840
-------------
0
1,283,972
-------------
0
0
-------------
0
7BEONG-SOO KIM
SVP & GENERAL COUNSEL
(i)

(ii)
878,812
-------------
0
300,000
-------------
0
158,983
-------------
0
234,500
-------------
0
20,049
-------------
0
1,592,344
-------------
0
0
-------------
0
8ISHWAR K PURI
SVP, RESEARCH & INNOVATION
(i)

(ii)
660,816
-------------
0
200,000
-------------
0
159,076
-------------
0
34,500
-------------
0
32,344
-------------
0
1,086,736
-------------
0
0
-------------
0
9SCOTT RABENOLD
SVP, UNIVERSITY ADVANCEMENT
(i)

(ii)
784,203
-------------
0
150,000
-------------
0
217,558
-------------
0
34,500
-------------
0
63,272
-------------
0
1,249,533
-------------
0
0
-------------
0
10STACY READE ROBERTS
SEE SCHEDULE O FOR TITLE
(i)

(ii)
492,832
-------------
0
80,000
-------------
0
26,405
-------------
0
34,500
-------------
0
57,473
-------------
0
691,210
-------------
0
0
-------------
0
11STEVEN D SHAPIRO MD
SVP, HEALTH AFFAIRS
(i)

(ii)
1,737,647
-------------
0
775,000
-------------
0
401,435
-------------
0
234,500
-------------
0
136,464
-------------
0
3,285,046
-------------
0
0
-------------
0
12FELICIA A WASHINGTON
SVP HR (UNTIL 8/31/24)
(i)

(ii)
552,687
-------------
0
300,000
-------------
0
562,970
-------------
0
34,500
-------------
0
38,741
-------------
0
1,488,898
-------------
0
0
-------------
0
13DAVID W WRIGHT
SVP, ADMINISTRATION
(i)

(ii)
534,373
-------------
0
200,000
-------------
0
115,019
-------------
0
34,500
-------------
0
43,087
-------------
0
926,979
-------------
0
0
-------------
0
14AMY DIAMOND
CHIEF INVESTMENT OFFICER
(i)

(ii)
981,008
-------------
0
693,334
-------------
0
283,607
-------------
0
284,500
-------------
0
58,413
-------------
0
2,300,862
-------------
0
382,969
-------------
0
15Mohammed El-Naggar
SEE SCHEDULE O FOR TITLE
(i)

(ii)
427,888
-------------
0
0
-------------
0
11,082
-------------
0
34,500
-------------
0
59,920
-------------
0
533,390
-------------
0
0
-------------
0
16GEOFFREY GARRETT
DEAN, MARSHALL SCHOOL OF BUS.
(i)

(ii)
916,005
-------------
0
150,000
-------------
0
181,335
-------------
0
34,500
-------------
0
42,537
-------------
0
1,324,377
-------------
0
0
-------------
0
17ROD HANNERS
CEO KECK MEDICINE OF USC
(i)

(ii)
1,469,543
-------------
0
673,253
-------------
0
209,655
-------------
0
92,192
-------------
0
54,054
-------------
0
2,498,697
-------------
0
0
-------------
0
18CAROLYN MELTZER MD
DEAN, KECK SCHOOL OF MEDICINE
(i)

(ii)
1,340,435
-------------
0
200,000
-------------
0
100,000
-------------
0
17,250
-------------
0
60,026
-------------
0
1,717,711
-------------
0
0
-------------
0
19AMBER MILLER
SEE SCHEDULE O FOR TITLE
(i)

(ii)
434,413
-------------
0
0
-------------
0
74,680
-------------
0
34,500
-------------
0
31,912
-------------
0
575,505
-------------
0
0
-------------
0
20YANNIS C YORTSOS
DEAN, VITERBI SCHOOL OF ENG.
(i)

(ii)
548,382
-------------
0
65,000
-------------
0
29,317
-------------
0
34,500
-------------
0
49,808
-------------
0
727,007
-------------
0
0
-------------
0
21INDERBIR GILL MD
SEE SCHEDULE O FOR TITLE
(i)

(ii)
2,727,574
-------------
0
50,000
-------------
0
249,321
-------------
0
34,500
-------------
0
79,931
-------------
0
3,141,326
-------------
0
0
-------------
0
22ERIC MUSSELMAN
SEE SCHEDULE O FOR TITLE
(i)

(ii)
3,300,862
-------------
0
0
-------------
0
2,509,077
-------------
0
262,798
-------------
0
32,116
-------------
0
6,104,853
-------------
0
0
-------------
0
23LINCOLN RILEY
HEAD FOOTBALL COACH
(i)

(ii)
10,355,294
-------------
0
100,000
-------------
0
1,135,203
-------------
0
34,500
-------------
0
177,961
-------------
0
11,802,958
-------------
0
0
-------------
0
24VAUGHN STARNES MD
CHAIR & DIST PROG SURGERY
(i)

(ii)
3,434,141
-------------
0
50,000
-------------
0
345,830
-------------
0
34,500
-------------
0
95,510
-------------
0
3,959,981
-------------
0
0
-------------
0
25LOUIS VANDERMOLEN MD
PROFESSOR OF CLINICAL MEDICINE
(i)

(ii)
3,402,956
-------------
0
0
-------------
0
477,500
-------------
0
79,500
-------------
0
90,610
-------------
0
4,050,566
-------------
0
69,333
-------------
0
26ELIZABETH GRADDY
SEE SCHEDULE O FOR TITLE
(i)

(ii)
389,836
-------------
0
3,000
-------------
0
115,968
-------------
0
34,500
-------------
0
25,593
-------------
0
568,897
-------------
0
0
-------------
0
27LAURA MOSQUEDA MD
SEE SCHEDULE O FOR TITLE
(i)

(ii)
642,408
-------------
0
0
-------------
0
31,465
-------------
0
34,500
-------------
0
32,741
-------------
0
741,114
-------------
0
0
-------------
0
28GLENN OSAKI
SEE SCHEDULE O FOR TITLE
(i)

(ii)
274,389
-------------
0
0
-------------
0
31,607
-------------
0
30,089
-------------
0
34,518
-------------
0
370,603
-------------
0
0
-------------
0
29NARSING RAO MD
SEE SCHEDULE O FOR TITLE
(i)

(ii)
189,160
-------------
0
0
-------------
0
67,503
-------------
0
26,400
-------------
0
20,563
-------------
0
303,626
-------------
0
0
-------------
0
30CHARLES F ZUKOSKI
SEE SCHEDULE O FOR TITLE
(i)

(ii)
244,868
-------------
0
0
-------------
0
0
-------------
0
25,170
-------------
0
13,577
-------------
0
283,615
-------------
0
0
-------------
0
31TRACEY VRANICH
SEE SCHEDULE O FOR TITLE
(i)

(ii)
697,066
-------------
0
0
-------------
0
59,568
-------------
0
34,500
-------------
0
41,827
-------------
0
832,961
-------------
0
0
-------------
0
32JOHN M IINO
SEE SCHEDULE O FOR TITLE
(i)

(ii)
138,548
-------------
0
0
-------------
0
31,208
-------------
0
0
-------------
0
2,089
-------------
0
171,845
-------------
0
0
-------------
0
Schedule J (Form 990) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
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
PART I, LINE 1A AND LINE 1B: FIRST-CLASS TRAVEL: THE UNIVERSITY OF SOUTHERN CALIFORNIA REQUIRES THAT ECONOMY-CLASS (COACH) TRAVEL BE UTILIZED FOR UNIVERSITY BUSINESS. FIRST AND BUSINESS CLASS AIR TRAVEL IS ONLY ALLOWED WHEN THERE IS ADVANCE WRITTEN APPROVAL, WHEN IT IS NECESSARY FOR MEDICAL REASONS, OR WHEN COACH CLASS IS UNAVAILABLE. THERE IS NO VALUE INCLUDED IN THE INDIVIDUAL'S FORM W-2 AS TAXABLE INCOME AS ONLY BUSINESS TRAVEL EXPENSES ARE PAID. THE INDIVIDUALS LISTED IN FORM 990, PART VII WHO FLEW FIRST CLASS DURING CALENDAR YEAR 2024 INCLUDED SEVEN OFFICERS AND TWO KEY EMPLOYEES. CHARTER TRAVEL: THE UNIVERSITY OF SOUTHERN CALIFORNIA UTILIZES CHARTER TRAVEL ON OCCASION FOR ATHLETIC TEAM EVENTS FOR CERTAIN INDIVIDUALS AS PART OF THEIR OFFICIAL RESPONSIBILITIES TO THE UNIVERSITY OF SOUTHERN CALIFORNIA. THERE IS NO VALUE IN THE INDIVIDUAL'S FORM W-2 AS TAXABLE INCOME AS ONLY BUSINESS TRAVEL EXPENSES ARE PAID FOR SUCH ATHLETIC TEAM EVENTS. ONE HIGHEST COMPENSATED EMPLOYEE UTILIZED CHARTER TRAVEL FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2024. IN ADDITION, ONE HIGHEST COMPENSATED EMPLOYEE UTILIZED CHARTER TRAVEL DURING CALENDAR YEAR 2024 FOR PERSONAL TRAVEL WHICH WAS PROVIDED FOR IN THEIR EMPLOYMENT CONTRACT AND WAS INCLUDED IN TAXABLE COMPENSATION ON FORM W-2. SUCH AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN B(III). TRAVEL FOR COMPANIONS: THE UNIVERSITY OF SOUTHERN CALIFORNIA REQUIRES THAT ECONOMY-CLASS (COACH) TRAVEL BE UTILIZED FOR COMPANIONS. BUSINESS CLASS AIR TRAVEL IS ONLY ALLOWED WHEN THERE IS ADVANCE WRITTEN APPROVAL. ONE HIGHEST COMPENSATED EMPLOYEE UTILIZED TRAVEL FOR COMPANIONS FOR NON-BUSINESS PURPOSES DURING CALENDAR YEAR 2024 WHICH WAS PROVIDED FOR IN THEIR EMPLOYMENT CONTRACT. THE VALUE OF THE NON-BUSINESS TRAVEL WAS INCLUDED IN TAXABLE COMPENSATION ON FORM W-2. SUCH AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN B(III). TAX GROSS-UP PAYMENTS: DURING CALENDAR YEAR 2024 TWO OFFICERS, ONE KEY EMPLOYEE AND ONE HIGHEST COMPENSATED EMPLOYEE RECEIVED TAX GROSS-UP PAYMENTS. THE PAYMENTS ARE REPORTED ON FORM W-2 AS TAXABLE COMPENSATION AND ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B) (III). RESIDENCE FOR PERSONAL USE: ONE HIGHEST COMPENSATED EMPLOYEE WAS REIMBURSED FOR TEMPORARY HOUSING DURING CALENDAR YEAR 2024 WHICH WAS PROVIDED FOR IN THE INDIVIDUAL'S EMPLOYMENT CONTRACT. THE REIMBURSEMENT WAS INCLUDED IN TAXABLE COMPENSATION ON FORM W-2. SUCH AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN B(III). AS THE UNIVERSITY DOES NOT HAVE ON-CAMPUS HOUSING AVAILABLE FOR THE PRESIDENT'S USE BUT REQUIRES THE PRESIDENT TO LIVE IN A PRESIDENTIAL HOME AS A CONDITION OF EMPLOYMENT, THE PRESIDENT (DR. FOLT) WAS PROVIDED WITH OFF CAMPUS HOUSING PURSUANT TO HER EMPLOYMENT AGREEMENT. BECAUSE THE PROVISION OF OFF-CAMPUS HOUSING IS TAXABLE, THE BOARD DETERMINED IT WAS APPROPRIATE TO GROSS UP THE HOUSING BENEFIT. THE GROSSED UP BENEFIT WAS NOT DIRECTLY PROVIDED TO THE PRESIDENT AS CASH COMPENSATION BUT WAS INSTEAD REPORTED ON FORM W-2 AS TAXABLE INCOME AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: PAYMENT TO OR REIMBURSEMENT FOR AN INDIVIDUAL'S MEMBERSHIP IN, OR DUES TO, A PRIVATE CLUB FOR BUSINESS PURPOSES IS MADE AVAILABLE IN CERTAIN EMPLOYMENT CONTRACTS OR IS OTHERWISE APPROVED BY THE APPLICABLE SENIOR VICE PRESIDENT OR THE PRESIDENT. THE VALUE OF MEMBERSHIPS PROVIDED FOR BUSINESS PURPOSES IS NOT INCLUDED IN AN INDIVIDUAL'S FORM W-2 AS TAXABLE INCOME. THE INDIVIDUALS LISTED IN FORM 990, PART VII WHO WERE PROVIDED WITH MEMBERSHIP IN, OR DUES TO, A PRIVATE CLUB DURING CALENDAR YEAR 2024INCLUDEDSEVENOFFICERS,FOURKEY EMPLOYEES, ANDTWO HIGHEST COMPENSATEDEMPLOYEES. PERSONAL SERVICES: CERTAIN INDIVIDUALS RECEIVED PERSONAL SERVICES, INCLUDING FINANCIAL PLANNING. SUCH SERVICES ARE MADE AVAILABLE IN EMPLOYMENT CONTRACTS AND THE VALUE OF THE SERVICES, IF USED, WAS INCLUDED IN THE INDIVIDUAL'S FORM W-2 AS TAXABLE INCOME AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THE LISTED INDIVIDUALS WHO RECEIVED SUCH BENEFIT DURING CALENDAR YEAR 2024 INCLUDED FOUR OFFICERS AND ONE FORMER OFFICER. THE PRESIDENT RECEIVED HOUSE MANAGEMENT SERVICES PURSUANT TO HER CONTRACT. THE VALUE OF THE SERVICES NOT RELATED TO UNIVERSITY BUSINESS WAS REPORTED ON FORM W-2 AS TAXABLE INCOME AND IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III). ONE HIGHEST COMPENSATED EMPLOYEE AND ONE OFFICER RECEIVED THE SERVICES OF A CAR AND DRIVER. SUCH SERVICES WERE APPROVED, AND THE VALUES OF TAXABLE SERVICES WERE INCLUDED IN THE INDIVIDUAL'S FORM W-2 AS TAXABLE INCOME AND ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III).
PART I, LINE 4B: CAROL FOLT: DURING THE CALENDAR YEAR THE PRESIDENT PARTICIPATED IN THREE RETENTION PROGRAMS. UNDER THE FIRST PLAN, A PAYMENT OF $2,000,000 (ACCRUED AT $666,667 PER FISCAL YEAR, PLUS INTEREST, BEGINNING ON JULY 1, 2021, SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE) VESTED IN 2024 AND WAS PAID IN FEBRUARY 2025. NO ACCRUAL HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS THE PAYMENT WAS MADE WITHIN TWO AND A HALF MONTHS AFTER THE END OF CALENDAR YEAR 2024 UNDER THE SECOND PLAN, 10% OF THE PRESIDENT'S COMBINED BASE SALARY AND BONUS LESS THE PRESIDENT'S SECTION 401(A) CONTRIBUTION FOR THE YEAR WAS DEFERRED SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, VESTED (PLUS INTEREST) IN 2024 AND WAS PAID IN FEBRUARY 2025. THE PLAN WAS EFFECTIVE STARTING IN DECEMBER 2021. NO ACCRUAL HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS THE PAYMENT WAS MADE WITHIN TWO AND A HALF MONTHS AFTER THE END OF CALENDAR YEAR 2024. UNDER THE THIRD PLAN, FOR THE PERIOD JULY THROUGH DECEMBER 2024, A RATABLE ACCRUAL OF $130,250 FROM THE CALENDAR YEAR IS DEFERRED SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, VESTED AND WAS PAID IN 2025. THIS RATABLE ACCRUAL IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). ERIK BRINK: UNDER HIS EMPLOYMENT AGREEMENT EFFECTIVE SEPTEMBER 13, 2023, THE CFO WAS ENTITLED TO A SIGNING BONUS OF $250,000 (ACCRUING AT $125,000 PER YEAR) SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, WHICH VESTED AND WAS PAID IN 2025. FOR CALENDAR YEAR 2024 A RATABLE ACCRUAL OF $125,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). JOEL CURRAN: UNDER HIS EMPLOYMENT AGREEMENT EFFECTIVE JULY 1, 2023, THE SENIOR VICE PRESIDENT AND CHIEF COMMUNICATIONS OFFICER WAS ENTITLED TO A SIGNING BONUS (SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE)IN THE AMOUNT OF $500,000, $100,000 OF WHICH WAS PAID IN 2023, AND THE REMAINDER OF WHICH IS SCHEDULED TO VEST AND BE PAYABLE AT $100,000 PER YEAR FOR FOUR YEARS STARTING IN 2024. THE 2024 PAYMENT OF $100,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). FOR CALENDAR YEAR 2024 A RATABLE ACCRUAL OF $98,333 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). BEONG-SOO KIM: UNDER HIS EMPLOYMENT AGREEMENT DATED MAY 19, 2020, THE SENIOR VICE PRESIDENT & GENERAL COUNSEL, PARTICIPATED IN A RETENTION PROGRAM. THE RETENTION PROGRAM WAS AMENDED IN AUGUST 2022 AND PROVIDED THAT A PAYMENT OF $1,000,000 (ACCRUING AT $200,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2026 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $200,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). STEVEN D. SHAPIRO, MD: UNDER HIS EMPLOYMENT AGREEMENT, THE SENIOR VICE PRESIDENT OF HEALTH AFFAIRS PARTICIPATED IN A RETENTION BONUS PLAN IN WHICH A PAYMENT OF $1,000,000 (ACCRUING AT $200,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2026 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. FOR CALENDAR YEAR 2024 AN ACCRUAL OF $200,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). AMY DIAMOND: THE CHIEF INVESTMENT OFFICER IS ELIGIBLE TO RECEIVE AN ANNUAL AWARD DETERMINED BY PERFORMANCE AGAINST PRE-DESIGNATED TARGET BENCHMARKS. FIFTY PERCENT OF EACH ANNUAL INCENTIVE AWARD IS DEFERRED AND PAID AT THE END OF A TWO-YEAR DEFERRAL PERIOD AND IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THE PLAN IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE. THE 2024 PAYMENT HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II). AN ACCRUAL OF $250,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). ROD HANNERS: DURING CALENDAR YEAR 2024, CEO OF KECK MEDICINE OF USC, PARTICIPATED IN A RETENTION BONUS PLAN IN WHICH A PAYMENT OF $750,000 IS SCHEDULED TO VEST AND BE PAYABLE IN JULY 2027, SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $57,692 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). ERIC MUSSELMAN: UNDER HIS EMPLOYMENT AGREEMENT EFFECTIVE APRIL 4, 2024, AS AMENDED, THE HEAD MEN'S BASKETBALL COACH PARTICIPATED IN A RETENTION PROGRAM. FOUR PAYMENTS OF $300,000 EACH (SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE) ARE SCHEDULED TO VEST EACH JULY 1 FROM JULY 1, 2026 THROUGH JULY 1, 2029 AND ARE PAYABLE WITHIN 30 DAYS OF THE VESTING DATE. FOR CALENDAR YEAR 2024, A RATABLE ACCRUAL OF $262,798 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). LOUIS VANDERMOLEN, MD: DURING CALENDAR YEAR 2024, PROFESSOR OF CLINICAL MEDICINE, PARTICIPATED IN A RETENTION PROGRAM. A TOTAL OF $500,000 IS SCHEDULED TO VEST AND BE PAYABLE AT $100,000 PER YEAR FOR FIVE YEARS STARTING IN 2022 AND IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THE PAYMENT AMOUNT OF $100,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). FOR CALENDAR YEAR 2024, A RATABLE ACCRUAL OF $45,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). OTHER: IN 1994 USC CREATED A 457(F) SUPPLEMENTAL RETIREMENT PLAN TO PROVIDE MAKE-UP BENEFITS TO EMPLOYEES WHOSE COMPENSATION EXCEEDED THE EARNINGS LIMITATION FOR CONTRIBUTIONS TO THE USC DEFINED CONTRIBUTION RETIREMENT PLAN. AS OF JANUARY 1, 2005, THE PLAN WAS FROZEN AND PARTICIPANTS, WITH RESPECT TO FUTURE MAKE-UP BENEFITS, WERE NO LONGER PERMITTED TO DEFER THESE BENEFITS.
PART I, LINE 7: CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II RECEIVED MERIT BASED BONUSES AND THE AMOUNT OF SUCH BONUSES ARE SHOWN ON SCHEDULE J, PART II, COLUMN (B)(II). SEE ALSO LINE 4B DISCLOSURE FOR AMY DIAMOND.
PART I, LINE 8: THE INTERIM SENIOR VICE PRESIDENT, HUMAN RESOURCES AS OF 10/1/24, THEN SENIOR VICE PRESIDENT, HUMAN RESOURCES AS OF 1/15/25, IS SERVING UNDER HER INITIAL CONTRACT WITH THE UNIVERSITY.
PART II, COLUMN B(III) INCLUDED AS PART OF TAXABLE COMPENSATION ON FORM W-2 PROVIDED TO HEAD MEN'S BASKETBALL COACH (AS OF 4/4/24) ERIC MUSSELMAN, LISTED IN FORM 990, PART VII, IS THE VALUE OF HIS BUY-OUT OBLIGATIONS TO HIS PREVIOUS EMPLOYER, THE VALUE OF WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
Schedule J (Form 990) (Rev. 1-2025)

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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 , line 24a. Provide descriptions,
explanations, and any additional information in Part .
Attach to Form 990.

Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number
95-1642394
Part
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 CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY
 
52-1705592 130179YE8 04-15-2025 665,146,000 SEE PART VI   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 0      
2 Amount of bonds legally defeased .............. 0      
3 Total proceeds of issue .................. 669,929,740      
4 Gross proceeds in reserve funds ............. 0      
5 Capitalized interest from proceeds ............. 0      
6 Proceeds in refunding escrows ............... 0      
7 Issuance costs from proceeds ............... 2,530,127      
8 Credit enhancement from proceeds ............. 0      
9 Working capital expenditures from proceeds ............. 0      
10 Capital expenditures from proceeds ............. 24,739,030      
11 Other spent proceeds ............. 74,000      
12 Other unspent proceeds ............. 642,586,582      
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? .................. X              
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) (Rev. 1-2025)

Schedule K (Form 990) (Rev. 1-2025)
Page 2
Part
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? .............                
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?                
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?                
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? ...                
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? .............   X            
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
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? ........   X            
c No rebate due? .........   X            
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X            
Schedule K (Form 990) (Rev. 1-2025)

Schedule K (Form 990) (Rev. 1-2025)
Page 3
Part
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 .......... 0
 
 
 
 
 
 
 
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 .......... 0
 
 
 
 
 
 
 
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
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
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
SUPPLEMENTAL INFO COLUMN A: PART I (F) - PROCEEDS OF THE BONDS WERE USED TO FINANCE CAPITAL PROJECTS, TO FUND CAPITALIZED INTEREST, AND TO PAY COSTS OF ISSUANCE. COLUMN A: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN A: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141 4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
Schedule K (Form 990) (Rev. 1-2025)

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990)
(Rev. January 2025)
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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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) AMBER MILLER EMPLOYEE HOUSING LOAN   X 500,000 389,103   No Yes   Yes  
(2) AMY DIAMOND EMPLOYEE HOUSING LOAN   X 1,000,000 700,000   No Yes   Yes  
(3) ANDREW T GUZMAN EMPLOYEE HOUSING LOAN   X 800,000 584,513   No Yes   Yes  
(4) CAROLYN MELTZER MD EMPLOYEE HOUSING LOAN   X 1,000,000 700,000   No Yes   Yes  
(5) CAROLYN MELTZER MD EMPLOYEE HOUSING LOAN   X 960,000 875,310   No Yes   Yes  
(6) GEOFFREY GARRETT EMPLOYEE HOUSING LOAN   X 750,000 450,000   No Yes   Yes  
(7) ISHWAR K PURI EMPLOYEE HOUSING LOAN   X 500,000 350,000   No Yes   Yes  
(8) ISHWAR K PURI EMPLOYEE HOUSING LOAN   X 500,000 461,305   No Yes   Yes  
(9) JOEL CURRAN EMPLOYEE HOUSING LOAN   X 2,632,500 2,507,338   No Yes   Yes  
(10) SCOTT RABENOLD EMPLOYEE HOUSING LOAN   X 2,000,000 1,883,752   No Yes   Yes  
(11) SCOTT RABENOLD EMPLOYEE HOUSING LOAN   X 1,000,000 800,000   No Yes   Yes  
(12) STEVEN D SHAPIRO MD EMPLOYEE HOUSING LOAN   X 1,500,000 900,000   No Yes   Yes  
(13) STEVEN D SHAPIRO MD EMPLOYEE HOUSING LOAN   X 1,500,000 1,351,294   No Yes   Yes  
(14) TRACEY VRANICH EMPLOYEE HOUSING LOAN   X 250,000 133,336   No Yes   Yes  
(15) TRACEY VRANICH EMPLOYEE HOUSING LOAN   X 250,000 199,006   No Yes   Yes  
Total ............... $ 12,284,957
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
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) (Rev. 1-2025)
Schedule L (Form 990) (Rev. 1-2025)
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) ALEXANDRA GRADDY-REED DAUGHTER OF FORMER OFFICER 234,015 USC EMPLOYEE   No
(2) Beth Levinson Spouse of Officer 121,052 USC EMPLOYEE   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) (Rev. 1-2025)


Additional Data


Software ID:  
Software Version:  




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
2024
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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 . X 1 125,000 FMV
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods .......
     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 311 57,171,718 FMV
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 .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( EQUIPMENT ) X 51 1,168,185 FMV
26 Other Right pointing arrow large image ( )
27 Other Right pointing arrow large image ( )
28 Other Right pointing arrow large image ( )
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
6
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
Yes
 
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) (2024)
Schedule M (Form 990) (2024)
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
PART I, COLUMN(B): THE ORGANIZATION IS REPORTING: THE NUMBER OF DONATIONS RECEIVED FOR LINE 2, ART - HISTORICAL TREASURES, LINE 9, SECURITIES - PUBLICLY TRADED; AND THE NUMBER OF ITEMS RECEIVED FOR LINE 25, EQUIPMENT.
PART I, LINE 32(A): THE UNIVERSITY OF SOUTHERN CALIFORNIA UTILIZES BROKERAGE FIRMS TO SELL NON-CASH CONTRIBUTIONS THAT THE UNIVERSITY RECEIVES AS GIFTS AND THE PROCEEDS ARE REMITTED BACK TO THE UNIVERSITY.
Schedule M (Form 990) (2024)

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990)
(Rev. January 2025)
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 instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
Return Reference Explanation
FORM 990, PART I, LINE 1 AND PART III, LINE 1: THE CENTRAL MISSION OF THE UNIVERSITY OF SOUTHERN CALIFORNIA IS THE DEVELOPMENT OF HUMAN BEINGS AND SOCIETY AS A WHOLE THROUGH THE CULTIVATION AND ENRICHMENT OF THE HUMAN MIND AND SPIRIT. THE PRINCIPAL MEANS BY WHICH OUR MISSION IS ACCOMPLISHED ARE TEACHING, RESEARCH, ARTISTIC CREATION, PROFESSIONAL PRACTICE, AND SELECTED FORMS OF PUBLIC SERVICE. OUR FIRST PRIORITY AS FACULTY AND STAFF IS THE EDUCATION OF OUR STUDENTS, FROM FRESHMEN TO POSTDOCTORALS, THROUGH A BROAD ARRAY OF ACADEMIC, PROFESSIONAL, EXTRACURRICULAR, AND ATHLETIC PROGRAMS OF THE FIRST RANK. THE INTEGRATION OF LIBERAL AND PROFESSIONAL LEARNING IS ONE OF USC'S SPECIAL STRENGTHS. WE STRIVE CONSTANTLY FOR EXCELLENCE IN TEACHING KNOWLEDGE AND SKILLS TO OUR STUDENTS, WHILE AT THE SAME TIME HELPING THEM TO ACQUIRE WISDOM AND INSIGHT, LOVE OF TRUTH AND BEAUTY, MORAL DISCERNMENT, UNDERSTANDING OF SELF, AND RESPECT AND APPRECIATION FOR OTHERS. RESEARCH OF THE HIGHEST QUALITY BY OUR FACULTY AND STUDENTS IS FUNDAMENTAL TO OUR MISSION. USC IS ONE OF A VERY SMALL NUMBER OF PREMIER ACADEMIC INSTITUTIONS IN WHICH RESEARCH AND TEACHING ARE INEXTRICABLY INTERTWINED, AND ON WHICH THE NATION DEPENDS FOR A STEADY STREAM OF NEW KNOWLEDGE, ART, AND TECHNOLOGY. OUR FACULTY ARE NOT SIMPLY TEACHERS OF THE WORKS OF OTHERS, BUT ACTIVE CONTRIBUTORS TO WHAT IS TAUGHT, THOUGHT, AND PRACTICED THROUGHOUT THE WORLD. USC IS PLURALISTIC, WELCOMING OUTSTANDING MEN AND WOMEN OF EVERY RACE, CREED, AND BACKGROUND. WE ARE A GLOBAL INSTITUTION IN A GLOBAL CENTER, ATTRACTING MORE INTERNATIONAL STUDENTS OVER THE YEARS THAN ANY OTHER AMERICAN UNIVERSITY. AND WE ARE PRIVATE, UNFETTERED BY POLITICAL CONTROL, STRONGLY COMMITTED TO ACADEMIC FREEDOM, AND PROUD OF OUR ENTREPRENEURIAL HERITAGE. AN EXTRAORDINARY CLOSENESS AND WILLINGNESS TO HELP ONE ANOTHER ARE EVIDENT AMONG USC STUDENTS, ALUMNI, FACULTY, AND STAFF; INDEED, FOR THOSE WITHIN ITS COMPASS THE TROJAN FAMILY IS A GENUINELY SUPPORTIVE COMMUNITY. ALUMNI, TRUSTEES, VOLUNTEERS, AND FRIENDS OF USC ARE ESSENTIAL TO THIS FAMILY TRADITION, PROVIDING GENEROUS FINANCIAL SUPPORT, PARTICIPATING IN UNIVERSITY GOVERNANCE, AND ASSISTING STUDENTS AT EVERY TURN. IN OUR SURROUNDING NEIGHBORHOODS AND AROUND THE GLOBE, USC PROVIDES PUBLIC LEADERSHIP AND PUBLIC SERVICE IN SUCH DIVERSE FIELDS AS HEALTH CARE, ECONOMIC DEVELOPMENT, SOCIAL WELFARE, SCIENTIFIC RESEARCH, PUBLIC POLICY, AND THE ARTS. WE ALSO SERVE THE PUBLIC INTEREST BY BEING THE LARGEST PRIVATE EMPLOYER IN THE CITY OF LOS ANGELES, AS WELL AS THE CITY'S LARGEST EXPORT INDUSTRY IN THE PRIVATE SECTOR. USC HAS PLAYED A MAJOR ROLE IN THE DEVELOPMENT OF SOUTHERN CALIFORNIA FOR MORE THAN A CENTURY AND PLAYS AN INCREASINGLY IMPORTANT ROLE IN THE DEVELOPMENT OF THE NATION AND THE WORLD. WE EXPECT TO CONTINUE TO PLAY THESE ROLES FOR MANY CENTURIES TO COME. THUS OUR PLANNING, COMMITMENTS AND FISCAL POLICIES ARE DIRECTED TOWARD BUILDING QUALITY AND EXCELLENCE IN THE LONG TERM.
FORM 990, PART I, LINE 6: THE UNIVERSITY OF SOUTHERN CALIFORNIA HAS MANY VOLUNTEERS INCLUDING TRUSTEES, BUT DOES NOT FORMALLY TRACK THIS POPULATION.
FORM 990, PART VI, LINE 1: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS CHAIRED BY THE CHAIR OF THE BOARD AND CONSISTS OF NO LESS THAN SEVEN AND NO MORE THAN TWENTY-FIVE VOTING MEMBERS OF THE BOARD. THE COMMITTEE IS COMPRISED SOLELY OF THE FOLLOWING EX-OFFICIO MEMBERS: THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD (IF HE/SHE IS A TRUSTEE), THE PRESIDENT OF THE UNIVERSITY (IF HE/SHE IS A TRUSTEE), THE CHAIR(S) OF EACH STANDING COMMITTEE, AND THE CHAIR(S) OF THE BOARD OF DIRECTORS OF USC HEALTH SYSTEM (IF HE/SHE IS A TRUSTEE). WHEN THE BOARD IS NOT IN SESSION, THE EXECUTIVE COMMITTEE HAS ALL OF THE POWER AND AUTHORITY OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE IS NOT EMPOWERED TO: (I) FILL VACANCIES ON THE BOARD OR ON ANY COMMITTEE THAT HAS THE AUTHORITY OF THE BOARD; (II) FIX THE COMPENSATION OF THE BOARD MEMBERS FOR THEIR SERVICE AS MEMBERS OF THE BOARD OR ANY COMMITTEE; (III) AMEND OR REPEAL THE UNIVERSITY'S BYLAWS OR ADOPT NEW BYLAWS; (IV) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS CANNOT BE SO AMENDED OR REPEALED; (V) APPOINT COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF; (VI) AUTHORIZE THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR BOARD MEMBERSHIP AFTER THERE ARE MORE PEOPLE NOMINATED FOR BOARD MEMBERSHIP THAN CAN BE ELECTED; OR (VII) APPROVE ANY SELF-DEALING TRANSACTION EXCEPT AS PROVIDED BY LAW.
FORM 990, PART VI, LINE 2: OFFICERS, TRUSTEES AND KEY EMPLOYEES SIT ON THE BOARD OF THE MAY DEWRIGHT TRUST: ERIK BRINK SUZANNE NORA JOHNSON CAROLYN MELTZER, MD USC TRUSTEE MARC R. BENIOFF AND USC TRUSTEE OSCAR MUNOZ HAVE A BUSINESS RELATIONSHIP. USC TRUSTEE Stayce D. HARRIS AND USC TRUSTEE ROBERT A. BRADWAY HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, LINE 4: DURING FY25, THE BYLAWS WERE AMENDED AS FOLLOWS: DECEMBER 4, 2024 - ADDED LANGUAGE ALLOWING TRUSTEES WHO REACH THE TERM LIMIT TO BE REELECTED TO THE BOARD OF TRUSTEES, FOLLOWING A MINIMUM ONE YEAR ABSENCE - ADDED CLARIFYING LANGUAGE THAT THE ANNUAL FINANCIAL APPROVALS PROCESS INCLUDES REVIEW AND APPROVAL OF THE UNIVERSITY'S CAPITAL BUDGET, IN ADDITION TO ITS OPERATING BUDGET MARCH 29, 2025 - ADDED LANGUAGE CLARIFYING THAT THE EXECUTIVE COMMITTEE MAY CREATE, APPOINT AND REMOVE MEMBERS OF, AND ELIMINATE ADVISORY COMMITTEES OF THE BOARD OF TRUSTEES; ADDED ADDITIONAL LANGUAGE ABOUT THE TERM OF OFFICE OF MEMBERS AND MEETINGS AND ACTIONS OF ADVISORY COMMITTEES - CLARIFIED THE AUTHORITY OF THE EXECUTIVE COMMITTEE TO CREATE ADVISORY SUBCOMMITTEES OF THE EXECUTIVE COMMITTEE AND THE PURPOSE OF SUCH SUBCOMMITTEES - AUTHORIZED THE ALUMNI AFFAIRS AND UNIVERSITY DEVELOPMENT COMMITTEE TO ADD ADVISORY MEMBERS; ALSO ADDED THAT THE SENIOR VICE PRESIDENT, UNIVERSITY ADVANCEMENT IS A REGULAR ATTENDEE OF MEETINGS OF THIS COMMITTEE - ADDED CLARIFYING LANGUAGE ABOUT WHAT ROLE AN ADVISORY MEMBER OF A COMMITTEE SERVES
FORM 990, PART VI, LINE 11(B): THE UNIVERSITY OF SOUTHERN CALIFORNIA'S FORM 990 IS REVIEWED AT SEVERAL LEVELS. THE UNIVERSITY ENGAGES AN EXTERNAL PUBLIC ACCOUNTING FIRM TO ASSIST IN THE PREPARATION AND REVIEW OF ITS FORM 990 AND TO SIGN AS PAID PREPARER. AMONG THOSE WHO CONDUCT THE REVIEW OF THE FINAL FORM 990 AT THE UNIVERSITY INCLUDE MANAGEMENT, EXTERNAL COUNSEL, AND THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE REVIEW OF FORM 990 IS CONDUCTED PRIOR TO IT BEING FILED AND A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE IT IS FILED.
FORM 990, PART VI, LINE 12: THE UNIVERSITY HAS A CONFLICT OF INTEREST AND COMMITMENT POLICY AND PROCEDURE WHICH COVERS ALL COVERED EMPLOYEES AND THEIR CLOSE RELATIONS. A "COVERED EMPLOYEE" MEANS ALL FACULTY MEMBERS (INCLUDING PART-TIME AND VISITING FACULTY), STAFF AND OTHER EMPLOYEES (SUCH AS POSTDOCTORAL SCHOLARS), AND STUDENTS (INCLUDING POSTDOCTORAL FELLOWS AND GRADUATE STUDENTS) EMPLOYED OR OTHERWISE ENGAGED BY THE UNIVERSITY. THE POLICY CONTINUES TO APPLY TO COVERED EMPLOYEES WHILE ON SABBATICAL OR OTHER LEAVES, WHILE VISITING OTHER INSTITUTIONS, AND WHILE CONSULTING WITH EXTERNAL ENTITIES. A "CLOSE RELATION" MEANS FAMILY MEMBERS (SPOUSES, DOMESTIC PARTNERS, SIBLINGS, PARENTS AND CHILDREN, GRANDPARENTS, GRANDCHILDREN, AND ANY INDIVIDUAL RELATED BY BLOOD OR AFFINITY WHOSE CLOSE ASSOCIATION WITH THE EMPLOYEE IS THE EQUIVALENT OF A FAMILY RELATIONSHIP) AND OTHER PERSONS WITH A PERSONAL RELATIONSHIP WITH A USC EMPLOYEE. EACH COVERED EMPLOYEE OWES PROFESSIONAL LOYALTY TO THE UNIVERSITY AND MUST BE ALERT TO THE POSSIBILITY THAT OUTSIDE OBLIGATIONS, FINANCIAL INTERESTS, EMPLOYMENT, AND CERTAIN FAMILY OR INTIMATE RELATIONSHIPS CAN AFFECT THAT COMMITMENT. THEREFORE, ALL COVERED EMPLOYEES ARE RESPONSIBLE FOR NOTIFYING THE OFFICE OF ETHICS AND COMPLIANCE WHETHER THEY, OR THEIR CLOSE RELATIONS, HAVE A CONFLICT OF INTEREST OR COMMITMENT COVERED BY THIS POLICY. BECAUSE NO POLICY CAN ANTICIPATE THE FULL RANGE OF OUTSIDE RELATIONSHIPS AND ACTIVITIES THAT MAY GIVE RISE TO CONFLICTS OF INTEREST OR COMMITMENT, COVERED EMPLOYEES MUST DISCLOSE ANY OUTSIDE RELATIONSHIP OR ACTIVITY THAT MAY GIVE THE APPEARANCE OF A CONFLICT AS SOON AS FEASIBLE AFTER DISCOVERY OF THE CONFLICT. THE UNIVERSITY MUST DETERMINE WHETHER A CONFLICT OF INTEREST AND/OR COMMITMENT IS MANAGEABLE BEFORE A COVERED EMPLOYEE IS ALLOWED TO UNDERTAKE THE ACTIVITY GIVING RISE TO THE CONFLICT. THE COVERED EMPLOYEE MUST COMPLY WITH ALL MEASURES PUT IN PLACE TO MANAGE, REDUCE, OR ELIMINATE CONFLICTS OF INTEREST. THIS INCLUDES ANY REQUIREMENT THAT THE COVERED EMPLOYEE PROVIDE A FOLLOW-UP DISCLOSURE AT A REASONABLE TIME INTERVAL TO PROVIDE AN UPDATE ON THE STATUS OF THE CONFLICT OF INTEREST OR COMMITMENT, AND HIS OR HER COMPLIANCE WITH THE MEASURES PUT IN PLACE TO MANAGE THE CONFLICT. ALL DISCLOSURES AS WELL AS DECISIONS ON HOW TO MANAGE THE CONFLICT SHOULD BE DOCUMENTED AND MAINTAINED BY THE PERSON OR COMMITTEE TO WHOM DISCLOSURE IS MADE, AS PROVIDED FOR IN THE POLICY. THE POLICY DOES NOT PRECLUDE THE SENIOR VICE PRESIDENT, PROVOST, OR DEAN, AS APPROPRIATE, FROM REQUIRING A COVERED EMPLOYEE TO PROVIDE ADDITIONAL CONFLICT OF INTEREST OR COMMITMENT INFORMATION OR TO DO SO ON A MORE FREQUENT BASIS (E.G., BI-ANNUALLY). IF A COVERED EMPLOYEE HAS ANY QUESTIONS ABOUT WHETHER AN OUTSIDE ACTIVITY MUST BE DISCLOSED, THE COVERED EMPLOYEE SHOULD CONSULT WITH HIS OR HER SUPERVISOR OR CONTACT THE OFFICE OF ETHICS AND COMPLIANCE FOR GUIDANCE. SUPERVISORS WHO BECOME AWARE THAT COVERED EMPLOYEES UNDER THEIR SUPERVISION HAVE CONFLICTS OF INTEREST OR COMMITMENT COVERED BY THIS POLICY ARE OBLIGATED TO ENSURE THAT THE CONFLICT IS APPROPRIATELY DISCLOSED. IN ADDITION TO THE PROCEDURES SET FORTH IN THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY, USC'S PROCUREMENT SERVICES DEPARTMENT MAY IDENTIFY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OR COMMITMENT IN THE COURSE OF PERFORMING ITS DUTIES. IN THE EVENT THAT PROCUREMENT SERVICES IDENTIFIES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR COMMITMENT, IT REQUIRES THE COVERED EMPLOYEE TO MAKE A DISCLOSURE UNDER CONFLICT OF INTEREST AND COMMITMENT POLICY AND VERIFIES THAT ALL ACTUAL CONFLICTS ARE MANAGED BEFORE PROCEEDING. DEPENDING UPON THE CONFLICT, PROCUREMENT SERVICES MAY ALSO REFER THE ISSUE TO THE SENIOR VICE PRESIDENT FOR ADMINISTRATION OR HIS OR HER DESIGNEE, FOR RESOLUTION. PROCUREMENT SERVICES MAY SUSPEND ANY FURTHER ACTION ON THE REQUEST THAT INITIATED THE DISCLOSURE UNTIL SUCH TIME AS THE CONFLICT IS MANAGED. FAILURE TO DISCLOSE AND MANAGE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST UNDER THIS POLICY, INCLUDING THE EXPECTATIONS DETAILED ABOVE ABOUT WHAT AN INDIVIDUAL SHOULD OR SHOULD NOT DO, MAY BE CAUSE FOR DISCIPLINARY ACTION, WHICH MAY RESULT IN DISCIPLINE, UP THROUGH AND INCLUDING TERMINATION. FOR FACULTY, SUCH ACTION SHALL OBSERVE ALL PROVISIONS OF THE POLICIES PUBLISHED IN THE FACULTY HANDBOOK. ANY DISCIPLINARY ACTION AGAINST A FACULTY MEMBER OR NON-FACULTY EMPLOYEE UNDER THIS POLICY MUST TAKE INTO ACCOUNT THE SCALE OF THE OFFENSE, THE INDIVIDUAL'S INTENT, AND THE DEGREE OF WRONGDOING. THE UNIVERSITY MAINTAINS A CONFLICT OF INTEREST POLICY FOR MEMBERS OF THE BOARD OF TRUSTEES. IN GENERAL, THE POLICY REQUIRES THAT A TRUSTEE MUST AVOID USING HIS OR HER POSITION FOR PERSONAL GAIN OR ADVANTAGE, OR TO OBTAIN A FAVORED STATUS FOR ANY SPECIAL GROUP, BUSINESS, OR FAMILY ENTITY WITH WHICH THE TRUSTEE IS AFFILIATED. THE POLICY APPLIES TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES. A TRUSTEE WILL CONTINUE TO BE SUBJECT TO THE POLICY FOR FIVE YEARS AFTER LEAVING THE BOARD. IF A TRUSTEE BECOMES AWARE OF A FINANCIAL INTEREST THAT MAY BE MATERIAL, HE OR SHE IS REQUIRED TO IMMEDIATELY DISCLOSE THAT FINANCIAL INTEREST TO THE CHAIR OF THE BOARD. SUCH DISCLOSURE IS IN ADDITION TO THE REQUIRED ANNUAL DISCLOSURES. - AFTER CONDUCTING A REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES, WHICH SHOULD INCLUDE AN ANALYSIS OF COMPARABLE ARRANGEMENTS OR TRANSACTIONS OR THE RECEIPT OF AN OPINION FROM AN EXPERT IN THE RELEVANT FIELD, THE BOARD SHOULD DETERMINE IN GOOD FAITH WHETHER USC COULD OBTAIN A MORE ADVANTAGEOUS FINANCIAL ARRANGEMENT OR TRANSACTION WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. - IN ADDITION, THE BOARD SHOULD DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS, WITH KNOWLEDGE OF THE MATERIAL FACTS CONCERNING THE FINANCIAL ARRANGEMENT OR TRANSACTION AND THE TRUSTEE'S FINANCIAL INTEREST IN THE ARRANGEMENT OR TRANSACTION, WHETHER THE ARRANGEMENT OR TRANSACTION IS IN USC'S BEST INTEREST, FOR ITS OWN BENEFIT AND IS FAIR AND REASONABLE TO USC. THE BOARD SHOULD MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE ARRANGEMENT OR TRANSACTION IN CONFORMITY WITH SUCH DETERMINATION. - SHOULD THE BOARD APPROVE THE FINANCIAL ARRANGEMENT OR TRANSACTION IN QUESTION, THE TRUSTEE WHO HAS A CONFLICT OF INTEREST WILL BE REQUIRED TO ACT IN GOOD FAITH AND WITH FAIRNESS, AND TO REFRAIN FROM EXERTING UNDUE PRESSURE OR INFLUENCE. IN THE BOARD'S DISCRETION, IT MAY ALSO REQUIRE SUCH TRUSTEE TO BE SUBJECT TO THE OVERSIGHT OF A DISINTERESTED TRUSTEE. THIS POLICY HAS BEEN APPROVED BY THE BOARD.
FORM 990, PART VI, LINE 15: THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT, OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY USING THE SAFE HARBOR PROCESS DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6. NAMELY, A COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES TAKES THE FOLLOWING THREE STEPS: (1) IT ENSURES THAT NO MEMBER OF THE COMMITTEE HAS A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT BEING REVIEWED, (2) IT LOOKS TO COMPARABILITY DATA AND SPECIALIZED COMPENSATION REPORTS (AND IN SOME CASES OPINIONS) PREPARED FOR THE UNIVERSITY BY INDEPENDENT COMPENSATION CONSULTANTS WITH RESPECT TO SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND (3) IT MAINTAINS A CONTEMPORANEOUS RECORD OF ITS DELIBERATIONS AND DECISIONS.
FORM 990, PART VI, LINE 19: THE UNIVERSITY MAKES ITS BYLAWS, FINANCIAL STATEMENTS/ANNUAL REPORT, CONFLICT OF INTEREST IN PROFESSIONAL AND BUSINESS PRACTICES, AND CONFLICT OF INTEREST IN RESEARCH POLICIES AVAILABLE TO THE GENERAL PUBLIC ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART VII, SECTION A: THE 2 HOURS NOTED FOR EACH TRUSTEE REPRESENTS A STANDARD ESTIMATE OF HOURS DEVOTED TO SERVING AS TRUSTEE. THE TITLE FOR JOHN M. IINO WAS INTERIM ASSOCIATE SENIOR VICE PRESIDENT FOR ALUMNI RELATIONS (UNTIL 6/5/24) AND TRUSTEE AS OF 7/1/24. COMPENSATION REPORTED ON FORM 990, PART VII IS IN RESPECT OF IINO'S SERVICE AS AN EMPLOYEE OF USC, NOT IN HIS CAPACITY AS A TRUSTEE. THE TITLE FOR STACY READE ROBERTS WAS INTERIM SENIOR VICE PRESIDENT, HUMAN RESOURCES AS OF 10/1/24, THEN SENIOR VICE PRESIDENT, HUMAN RESOURCES AS OF 1/15/25. THE TITLE FOR MOHAMMED EL-NAGGAR IS INTERIM DEAN, USC DORNSIFE COLLEGE OF LETTERS, ARTS AND SCIENCES AS OF 6/15/24. THE TITLE FOR AMBER MILLER IS DEAN, USC DORNSIFE COLLEGE OF LETTERS, ARTS AND SCIENCES UNTIL 6/14/24. THE TITLE FOR INDERBIR GILL, MD IS CHAIR AND DISTINGUISHED PROFESSOR OF UROLOGY; SHIRLEY AND DONALD SKINNER CHAIR IN UROLOGIC CANCER SURGERY; EXECUTIVE DIRECTOR, USC INSTITUTE OF UROLOGY. THE TITLE FOR ERIC MUSSELMAN IS HEAD MEN'S BASKETBALL COACH AS OF 4/04/24. THE TITLE FOR ELIZABETH GRADDY WAS INTERIM PROVOST AND SENIOR VICE PRESIDENT, ACADEMIC AFFAIRS UNTIL 6/30/23. THE TITLE FOR LAURA MOSQUEDA, MD, WAS DEAN, KECK SCHOOL OF MEDICINE OF USC UNTIL 9/15/20; AND IS PROFESSOR OF FAMILY MEDICINE AND GERIATRICS, KECK SCHOOL OF MEDICINE OF USC AS OF 9/16/20. THE TITLE FOR GLENN OSAKI WAS SENIOR VICE PRESIDENT AND CHIEF COMMUNICATIONS OFFICER UNTIL 3/14/21 AND SENIOR ADVISOR, INTERNATIONAL MARKETING AND COMMUNICATIONS AS OF 3/15/21. THE TITLE FOR NARSING RAO, MD, WAS INTERIM DEAN, KECK SCHOOL OF MEDICINE OF USC UNTIL 6/30/21. THE TITLE FOR TRACEY VRANICH WAS INTERIM SENIOR VICE PRESIDENT, UNIVERSITY ADVANCEMENT UNTIL 1/31/23. THE TITLE FOR CHARLES F. ZUKOSKI WAS PROVOST AND SENIOR VICE PRESIDENT, ACADEMIC AFFAIRS UNTIL 12/31/22.
FORM 990, PART XI, LINE 9: SUBVENTION $(1,500,000) CHANGES IN FUNDING STATUS OF DEFINED BENEFIT PLAN 4,485,674 TOTAL PRESENT VALUE ADJUSTMENT TO ANNUITIES PAYABLE 3,707,138 NON-MANDATORY TRANSFER 1,592,437 NET ASSETS RELEASED FROM RESTRICTIONS (1,000,000) TOTAL $7,285,249
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) (Rev. 1-2025)


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SCHEDULE R
(Form 990)

(Rev. January 2025)
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
Open to Public Inspection
Name of the organization
UNIVERSITY OF SOUTHERN CALIFORNIA
 
Employer identification number

95-1642394
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) USC GATEWAY LLC
UNIVERSITY GARDENS - UGB203
LOS ANGELES,CA90089
20-2108058
PROPERTY MGMT CA 0 0 USC
 
(2) USC VERDUGO HILLS HOSPITAL LLC
UNIVERSITY GARDENS - UGB203
LOS ANGELES,CA90089
80-0912056
ACUTE CARE CA 0 0 USC
 








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)ICT PRODUCTIONS INC
C/O USC UGB203

LOS ANGELES,CA90089
95-4843260
EDUC. MEDIA CA 501(C)(3) 12A USC
 
Yes
 
(2)DAVID X MARKS FOUNDATION
C/O USC UGB203

LOS ANGELES,CA90089
95-6034304
USC SUPPORT CA 501(C)(3) 12A USC
 
Yes
 
(3)USC CARE MEDICAL GROUP INC
1510 SAN PABLO ST SUITE 649

LOS ANGELES,CA90033
95-4540991
MANAGED CARE CA 501(C)(3) 10 USC HEALTH
 
Yes
 
(4)SURVIVORS OF SHOAH VISUAL HISTORY FDN
C/O USC 650 W 35TH ST

LOS ANGELES,CA90089
95-4474965
EDUC. MEDIA CA 501(C)(3) 7 USC
 
Yes
 
(5)PACIFIC-12 CONFERENCE
1350 TREAT BOULEVARD

WALNUT CREEK,CA94597
94-1459048
USC SUPPORT CA 501(C)(3) 12A NA
 
 
No
(6)THE ASC TRUST AT USC
C/O R FOX 1500 MARKET STREET

PHILADELPHIA,PA19102
77-6216147
USC SUPPORT PA 501(C)(3) 12D NA
 
 
No
(7)USC VERDUGO HILLS HOSPITAL FOUNDATION
1812 VERDUGO BLVD

GLENDALE,CA91208
95-3247823
USC SUPPORT CA 501(C)(3) 12A VHH
 
Yes
 
(8)NAT'L HLTHCRE RESEARCH & EDUC FINANCE CO
1445 ROSS AVENUE STE 3800

DALLAS,TX75202
31-1707979
USC SUPPORT TX 501(C)(3) 12C NA
 
 
No
(9)ALBEDO INSURANCE COMPANY IC
100 BANK STREET SUITE 630

BURLINGTON,VT05401
85-1454978
USC SUPPORT VT 501(C)(3) 12A USC
 
Yes
 
(10)USC CAPTIVE INSURANCE COMPANY
100 BANK STREET SUITE 630

BURLINGTON,VT05401
85-1454519
USC SUPPORT VT 501(C)(3) 12A USC
 
Yes
 
(11)GENERAL LIABILITY DEFENSE IC
100 BANK STREET SUITE 630

BURLINGTON,VT05401
85-1472543
USC SUPPORT VT 501(C)(3) 12A USC
 
Yes
 
(12)USC HEALTH SYSTEM
1510 SAN PABLO STREET

LOS ANGELES,CA90089
85-0666499
USC SUPPORT CA 501(C)(3) 12A USC
 
Yes
 
(13)KECK MEDICAL CENTER OF USC
1510 SAN PABLO STREET

LOS ANGELES,CA90033
85-1644866
HOSPITAL CA 501(C)(3) 3 USC HEALTH
 
Yes
 
(14)USC VERDUGO HILLS HOSPITAL
1812 VERDUGO BOULEVARD

GLENDALE,CA91208
85-1634852
HOSPITAL CA 501(C)(3) 3 USC HEALTH
 
Yes
 
(15)USC ARCADIA HOSPITAL
300 WEST HUNTINGTON DRIVE

ARCADIA,CA91007
95-1643336
HOSPITAL CA 501(C)(3) 3 USC HEALTH
 
Yes
 
(16)USC ARCADIA HOSPITAL FOUNDATION
300 WEST HUNTINGTON DRIVE

ARCADIA,CA91007
95-3407027
FUNDRAISING CA 501(C)(3) 7 USCAH
 
Yes
 
(17)ALDERSGATE MEDICAL SERVICES
300 WEST HUNTINGTON DRIVE

ARCADIA,CA91007
95-3702057
SUPPORT ORG CA 501(C)(3) 12A USCAH
 
Yes
 
(18)WOMEN'S AUXILIARY OF METHODIST HOSPITAL
300 WEST HUNTINGTON DRIVE

ARCADIA,CA91007
95-4123357
HEALTHCARE CA 501(C)(3) 12D NA
 
 
No
(19)THE BIG TEN CONFERENCE INC
5440 PARK PLACE

ROSEMONT,IL60018
36-3640583
USC SUPPORT DE 501(C)(3) 12B NA
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
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) HM FUND II LP

150 EAST 58TH STREET 33RD FL
NEW YORK,NY10155
87-1030738
INVESTMENTS NY USC
 
RELATED -20,717 9,993,672   No 0   No 66.443 %
(2) STRIPES V MEADOWS CO-INVEST LP

40 10TH AVE 5TH FLOOR
NEW YORK,NY10014
86-2543648
INVESTMENTS NY USC
 
RELATED 553,073 5,469,195   No 0   No 53.247 %
(3) CHATEAU LATOUR SPVI LLC

1501 COLORADO AVENUE STE B
SANTA MONICA,CA90404
87-0998362
INVESTMENTS CA USC
 
RELATED -61,677 7,987,086   No 0   No 88.889 %
(4) RF-PUMA CO-INVEST LP

1316 ADAMS STREET SUITE 400
NASHVILLE,TN37208
92-3342416
INVESTMENTS TN USC
 
RELATED -270,787 8,209,206   No 0   No 73.333 %
(5) BRICK CASTLE INVESTMENT LLC

421 S BEVERLY DRIVE FLOOR 8
BEVERLY HILLS,CA90212
82-2540717
INVESTMENTS CA USC
 
UNRELATED 246,529 33,167,741   No 246,529   No 58.616 %
(6) RF-HARMONY CARES CO-INVEST II LP

1316 ADAMS STREET SUITE 400
NASHVILLE,TN37208
99-3821673
INVESTMENTS TN USC
 
RELATED -166,248 1,175,172   No 0   No 58.307 %
(7) SUNRIVER LONG FUND LP

2 SOUND VIEW DRIVE 2ND FLOOR
GREENWICH,CT06830
87-4087043
INVESTMENTS CT USC
 
RELATED 906,380 20,906,380   No 81,973   No 54.167 %
(8) THE AFRICA PARTNERS FUND SPC SP1

94 SOLARIS AVENUE PO BOX 1348
CAMANA BAY,GRAND CAYMANKY1-1108
CJ
98-1789937
INVESTMENTS CJ USC
 
RELATED 609,216 20,609,216   No 0   No 62.791 %
(9) USC CHLA Cell Therapy Collaborative LLC

1441 East Lake Avenue
Los Angeles,CA90033
39-3605696
SCIENTIFIC R&D CA NA
 
RELATED -418,778 2,726,251   No 0   No 33.333 %
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) MAY ROBERTS DEWRIGHT TRUST

UNIVERSITY GARDENS - UGB203
LOS ANGELES,CA900898003
95-6284845
USC SUPPORT CA USC
 
T 3,344,899 30,166,663 100.000 % Yes  
(2) INTEGRATED DIGITAL ASSET CORPORATION

UNIVERSITY GARDENS - UGB203
LOS ANGELES,CA900898003
95-4680904
3RD PARTY CON CA USC
 
C 0 0 100.000 % Yes  
(3) CHARITABLE REMAINDER TRUST (187)

 
 
FUNDRAISING CA USC
 
        Yes  
(4) POOLED INCOME FUND (1)

 
 
FUNDRAISING CA USC
 
        Yes  
(5) CHARITABLE REMAINDER TRUST (1)

 
 
INVESTMENT CA USCAHF
 
        Yes  




Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
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
 
No
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
 
No
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
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
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) USC CARE MEDICAL GROUP INC

Q 9,218,301 FMV
(2) USC CARE MEDICAL GROUP INC

M 2,389,680 FMV
(3) KECK MEDICAL CENTER OF USC

Q 86,642,664 FMV
(4) KECK MEDICAL CENTER OF USC

S 32,716,309 FMV
(5) KECK MEDICAL CENTER OF USC

M 10,570,739 FMV
(6) USC VERDUGO HILLS HOSPITAL

Q 3,996,786 FMV
(7) USC VERDUGO HILLS HOSPITAL

M 2,530,982 FMV
(8) ALBEDO INSURANCE COMPANY IC

Q 68,074,830 FMV
(9) DAVID X MARKS FOUNDATION

C 1,655,196 FMV
(10) MAY ROBERTS DEWRIGHT TRUST

A 1,069,465 FMV
(11) MAY ROBERTS DEWRIGHT TRUST

C 1,102,618 FMV
(12) USC HEALTH SYSTEM

B 8,859,646 FMV
(13) USC HEALTH SYSTEM

Q 9,483,448 FMV
(14) USC CHLA Cell Therapy Collaborative LLC

B 3,145,029 FMV
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
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) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
PART IV, LINE 4, COLUMN (C) THE LEGAL DOMICILES OF THE CHARITABLE REMAINDER TRUSTS INCLUDE: CA, CO, IL, IN, MA, PA, AND WA.
PART V USC MAY SHARE FACILITIES, EQUIPMENT, MAILING LISTS, OR OTHER ASSETS WITH ITS TAX-EXEMPT AFFILIATES, THE VALUE OF WHICH HAS NOT BEEN QUANTIFIED.
Schedule R (Form 990) (Rev. 1-2025)

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