Relentless
There’s no slowing down the thinkers and doers of Carnegie Mellon University. We let nothing interrupt our pursuit of new knowledge and novel solutions. The strength of our collective intellectual curiosity powers us onward in a spirit of confidence and optimism. Always resilient, always hopeful, always looking forward, we remain in constant motion as we find and create ways to make a positive impact on our community and the world. It’s not just our mindset. It’s our mission.
Highlights from the CFO and CIO
Angela Blanton, Vice President for Finance and CFO
It is my honor to present Carnegie Mellon University’s Annual Financial Report for the fiscal year ended June 30, 2022 (FY22).
Our world is changing every day. Even before the pandemic caused numerous shifts in how we work and live, digital transformation was accelerating across industries and public life. Carnegie Mellon stands at the forefront of this change, as the birthplace of innovations that reshape society. This is a responsibility and opportunity that we take very seriously. The financial strength and sustainability of Carnegie Mellon is about so much more than dollars and cents — it is about creating and nurturing an environment where big ideas flourish. It is about ensuring that the university can fulfill its mission and pursue its vision of a better, more equitable future.
Charles A. Kennedy, CIO
Created through generous gifts and augmented by careful financial stewardship, Carnegie Mellon University’s endowment stood at a market value of $3.0 billion as of June 30, 2022. The endowment serves as a key strategic asset of the university. Carnegie Mellon seeks to advance knowledge and understanding in science and technology, fine arts and the humanities through its research and education mission.
Year in Review
Design Students Envision New Ways to Provide Relief in a Water Crisis
The studio teamed with alumnus-run Bollinger Motors on a mobile water-filtration systems project.
Carnegie Mellon University and Emerald Cloud Lab to Build World’s First University Cloud Lab
Automated laboratory will provide researchers with state-of-the-art facilities for life sciences and chemistry research.
JPMorgan Chase & Co. AI Maker Space
The JPMorgan Chase & Co. AI Maker Space officially opened on Nov. 10. A Fetch robot cut the ceremonial ribbon opening the space.
National Robotics Engineering Center Has Transformational Economic Impact
New report finds Carnegie Mellon organization has helped advance its neighborhood, the region and industry.
Biden Delivers Passionate Call to Action to Invest in American Innovation
President interacts with faculty and students during visit to CMU at Mill 19.
CMU Hosts U.S.-EU Trade and Technology Council Meeting at Hazelwood Green
The inaugural United States-European Union Trade and Technology Council Meeting was held at CMU’s Mill 19 facility.
CMU Puts AI to Work in New NSF-Funded Institutes
These new institutes will advance technology in fields from agriculture to wireless networks.
CMU Receives $20 Million to Establish Hoskinson Center for Formal Mathematics in Dietrich College
The center will promote mathematical research by improving access to knowledge and resources.
Carnegie Mellon University and Mastercard Foundation Partner To Drive Youth-led Digital Transformation in Africa
The $275.7 million partnership will significantly expand advanced engineering and technology education at CMU-Africa.
CMU Alumna Takes Oscar Gold
“CODA,” written and directed by School of Drama alumna Siân Heder, won Best Picture and Best Adapted Screenplay.
Undergraduate Women Use Political Power to Create Change
Undergraduate women at CMU are working together to impact local and national politics.
Posner Foundation to Support Student Success, Libraries at CMU
Foundation will provide $16M to endow Tartan Scholars program and University Libraries deanship, help build new Health, Wellness and Athletics Center.
CMU Breaks Ground for New Beacon of Student Life
Highmark Center to bring to campus a holistic approach to health and wellness.
CMU Celebrates Historic Commencement Weekend
Carnegie Mellon University undergraduate and graduate students from the Classes of 2020, 2021 and 2022 celebrated their achievements at the 124th Commencement.