Brown’s Finances

Brown is committed to the thoughtful stewardship of financial resources as the University aspires to the highest levels of academic and operational excellence.

Breadcrumb

Brown’s Finances

Brown is committed to the thoughtful stewardship of financial resources as the University aspires to the highest levels of academic and operational excellence.

Through its annual financial reports, explainer videos and other resources, the University seeks to build understanding of Brown’s long-term view of financial sustainability. This includes the careful stewardship of finances to determine the funding, capital, services, programs and resources that Brown’s faculty, staff and students need to thrive and succeed.

The resources on this page provide important information on principles of tuition setting and salary pools, an understanding of how the endowment supports the operating budget, and how the University funds capital expenses, among other aspects of Brown’s finances.

Understanding the Brown Budget

The University Resources Committee (URC), composed of faculty, students and administrators, is responsible for recommending Brown’s annual operating and capital budget to the president. The resources presented here seek to help Brown’s many constituencies understand the principles and factors influencing decisions about how Brown allocates its financial resources.

University Resources Committee (URC)

The University Resources Committee (URC), composed of faculty, students and administrators, is responsible for recommending Brown’s annual operating and capital budget to the president.

More about the URC
https://www.youtube.com/embed/aInZeQRGWl8

Budget Explainer

 

Learn more about how Brown's annual budget is built — and spent — each year.

Understanding Brown’s Endowment

At the conclusion of the fiscal year ending June 30, 2023, Brown’s endowment and other managed assets stood at $6.6 billion. The Brown University endowment was first established in 1769. Centuries later, there is still confusion around what the endowment is —and how it works. The resources presented here seek to help Brown’s many constituencies understand the endowment.

https://www.youtube.com/embed/w3ChBVmOI0w

Endowment Explainer

 

See how the Brown endowment is managed, how payout decisions are made, and how it supports a wide range of campus priorities.

Jane Dietze

Q&A with Jane Dietze: The Brown endowment, divestment and ethical investing

Appointed Brown’s VP and Chief Investment Officer in 2018, Dietze and her team steward the endowment to advance Brown’s mission.

Learn More: Visit the Endowment section of the Investment Office website to learn more about portfolio management, investment performance and impact.

Annual Financial Reports

Brown University’s annual financial report includes an overview of the University’s financial statements for the fiscal year, as well as reports on performance in fundraising, investments and research growth. The reports describe Brown’s financial model and the factors that drive Brown’s financial decision making.

Brown University’s audited financial statements for the year’s ending June 30, as well as the schedule of expenditures on federal rewards, are available on the Financial Statements page of the Controller’s website.

Recent News

News and Events

Brown Corporation approves operating budget for Fiscal Year 2025

The budget includes investments in student scholarships, salaries and benefits for faculty and staff, plans to advance research, a new approach to career preparation, voluntary contributions to Providence, and more.
Read Article