THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS
Education / Training and Research
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a deficit of £8,506,699 for the year ended 30 June 2025, resulting in an accumulated unrestricted deficit of £72,086,100. Per the trustees' report, the charity relies entirely on its parent, The University of Chicago, for financial support to meet its liabilities, with the parent confirming it will continue to provide funding and not seek repayment of amounts owed for at least 12 months.
What the accounts disclose
“Income from charitable activities comprises tuition fees received from students on the degree Executive MBA programs and non-degree Executive Education programs.” — page 22
“Repayment of prior campus funding from Hong Kong (5,761,543)” — page 28
“Costs incurred on behalf of the Hong Kong campus and recharged 99,801” — page 28
“Repayment of prior campus funding from Hong Kong (5,761,543)” — page 28
“Costs incurred on behalf of the Hong Kong campus and recharged 99,801” — page 28
“Repayment of prior campus funding from Hong Kong (5,761,543)” — page 28
“Costs incurred on behalf of the Hong Kong campus and recharged 99,801” — page 28
“Repayment of prior campus funding from Hong Kong (5,761,543)” — page 28
“Costs incurred on behalf of the Hong Kong campus and recharged 99,801” — page 28
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
In the news
- University Of Chicago Booth School Of Business Expands Family Office Initiative
- 2026 Best 40-Under-40 Business Professors: Kristin Donnelly, University of Chicago Booth School of Business
- $100 Million Gift For The University Of Chicago Booth School Of Business
- Madhav Rajan reappointed as dean of the University of Chicago Booth School of Business
Funders the charity credits
- GEP
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Katherine Baicker
- Madhav Vasanth Rajan
- Robert Hochman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £6.4m | £14.9m |
| 30/06/2024 | £7.1m | £16.1m |
| 30/06/2023 | £8.6m | £16.1m |
| 30/06/2022 | £7.2m | £16.1m |
| 30/06/2021 | £5.4m | £11.2m |
Common questions
Is THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a deficit of £8,506,699 for the year ended 30 June 2025, resulting in an accumulated unrestricted deficit of £72,086,100. Per the trustees' report, the charity relies entirely on its parent, The University of Chicago, for financial support to meet its liabilities, with the parent confirming it will continue to provide funding and not seek repayment of amounts owed for at least 12 months. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 2 | £27.5m |
| Founders Pledge Ltd | 1 | £3.4m |
| THE BROOMTON FOUNDATION | 1 | £500k |
| CATKIN PUSSYWILLOW CHARITABLE TRUST | 1 | £39k |
| THE GENERAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES | 1 | £2k |
Charities like this
- UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED
- BOSTON UNIVERSITY (USA) LONDON
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- HULT INTERNATIONAL BUSINESS SCHOOL LTD
- UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
- THE UNIVERSITY OF CHICAGO FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS | £6.4m | — | — | unclear | — | no doubt |
| UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED | £118k | — | 0 | unclear | — | no doubt |
| BOSTON UNIVERSITY (USA) LONDON | £0 | — | 0 | below | — | noted |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| HULT INTERNATIONAL BUSINESS SCHOOL LTD | £19.7m | £145,000 - £149,999 | — | unclear | — | no doubt |
| UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED | £7.6m | — | 0 | unclear | — | no doubt |