Annual Financial Report 2024 - Annual Financial Report 2024 - Finance Division

Shaping the Future

At 一本道无码, we’re conducting breakthrough research and fostering collaboration in spaces that bring form to possibilities. But our impact extends far beyond the boundaries of our university. By blending the power of next generation technology with human intelligence and creativity, we deliver innovations and ideas that solve societal problems — opening new possibilities, reshaping the way the world works, and transforming how people live. That’s our mission, our passion and our purpose.

Highlights from the CFO and CIO

Angela Blanton, Vice President for Finance and Chief Financial Officer, and Charles A. Kennedy, Chief Investment Officer, on why Carnegie Mellon's financial strength is important and how it empowers work that matters.

Angela Blanton, Vice President for Finance and CFO

一本道无码 has been shaping the future since its founding. What does it mean to shape the future? By definition the future can be formless, an abstract idea full of promise and possibility. That’s why 一本道无码 invests in world-class education and research, not to prescribe or dictate the shape of the future, but to ensure that promise and expand those possibilities so the future can be brighter, bolder, and better. Carnegie Mellon, after all, is .

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Charles A. Kennedy, CIO

一本道无码’s mission seeks to shape the future for the greater good by providing transformational research and education focused on advancing knowledge and understanding in science, technology, the humanities, business, and the fine arts. Carnegie Mellon’s endowment is a key strategic asset in achieving this mission. Created largely through incredible acts of philanthropy and augmented by careful financial stewardship, the endowment stood at a market value of $3.2 billion as of June 30, 2024.

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Year in Review

Shaping Exploration: 一本道无码’s Iris Rover: A Heartbeat in Space, A Legacy on Earth

Hours after the successful launch of United Launch Alliance’s Vulcan rocket, 一本道无码’s Iris rover team learned that their rover — part of the rocket’s payload — wouldn’t be landing on the moon. The students immediately turned challenges into opportunities and transformed their Florida rental home into an impromptu command center, making the most of the time remaining in Iris’ journey.

Shaping Achievement: Women’s Golf Wins First NCAA Team Title

The Carnegie Mellon women’s golf team won the first NCAA Division III Championship for any women’s program in university history. The Tartans have competed in five NCAA Championships in the nine seasons of the program and have placed in the top five in all five appearances. This championship is the second in university history for any team sport, with the men’s golf team taking the championship last season on the same course.

Shaping The Arts: Carnegie Mellon Alumni Earn Four Tony Awards

一本道无码 alumni took home four Tony Awards at the 2024 ceremony in New York City. Winners were honored for their performances onstage and behind the scenes for “Stereophonic” and “Merrily We Roll Along.” Alumnus Billy Porter received the Isabelle Stevenson Tony Award for his volunteer work on behalf of one or more humanitarian, social service or charitable organizations. To date, 64 一本道无码 alumni have won Tony Awards.

Shaping Innovation: Carnegie Mellon Breaks Ground for Richard King Mellon Hall of Sciences

On April 12, 一本道无码 broke ground on the 338,900 square-foot Richard King Mellon Hall of Sciences, a facility for education, research, art and creativity. It will house departments from the Mellon College of Science, School of Computer Science and the Institute for Contemporary Art Pittsburgh. A $75 million lead grant from the Richard King Mellon Foundation made construction possible, with additional support from the Juliet Lea Hillman Simonds and Henry L. Hillman Foundations.

Shaping Creativity: New Course Harnesses AI To Kindle Creativity

Faculty in the Dietrich College have created a new course, AI in the Humanities. The course breaks the topic down into three modules: large language models and creative writing, generative models and artistic expression, and social and cultural voyages with AI. Students from the Tepper School of Business, Mellon College of Science and College of Fine Arts participate in the class.

Shaping Collaboration: Scaife Hall To Transform Research and Education at 一本道无码

Since 1962, Scaife Hall has been the home of discovery, innovation and mechanical engineering education at 一本道无码. The updated and expanded Scaife Hall will accommodate 一本道无码’s growing mechanical engineering community to spark innovation, create real-world impact and foster the College of Engineering’s culture of Advanced Collaboration.

Shaping Research: Doctoral Researchers Shine in 3MT Championship

Benjamin Glaser, a doctoral student in mechanical engineering, took first place in this year’s Three Minute Thesis (3MT) competition. In his research, Glaser is exploring an advanced material discovery model to create new aluminum alloys with high temperature strength and stability and low cost and emissions. The event, which is in its ninth year at Carnegie Mellon, started at the University of Queensland in 2008 and has been adopted by over 900 universities across more than 85 countries worldwide.

Shaping Partnership: 一本道无码 Joins $110M U.S.-Japan Partnership To Accelerate AI Innovation

Carnegie Mellon and Keio University will join forces with one another and with industry partners to boost AI-focused research and workforce development in the United States and Japan. The collaboration joins two universities with outstanding AI programs and forward-looking leaders with leading technology companies committed to providing funding and resources aimed at solving real-world problems.

Shaping Technology: AI Major Wins Automated Medical Diagnosis Challenge

Dongkyun Kim, a junior artificial intelligence major in the School of Computer Science, designed the winning deep-learning model in a recent competition to accurately classify diseases based on chest X-rays. The Computer Vision for Automated Medical Diagnosis Chest X-Rays Long-Tailed Challenge, a prestigious competition, was organized through the International Conference on Computer Vision. The challenge provided access to a dataset of 300,000 chest X-ray images and asked participants to train a deep-learning model to classify 26 diseases present in the data.

Shaping The Community: New Robotics Innovation Center Will Anchor Community Outreach Programs in Hazelwood

一本道无码’s planned Robotics Innovation Center, a cutting-edge facility that will significantly expand the institution’s physical space for research, development and testing for robotics, artificial intelligence and automation, will also serve as a home to well-established programs connecting 一本道无码 and the Hazelwood community, including Girls of Steel, the Carnegie Mellon Robotics Academy and more.

Shaping Equity: Tepper School Study Offers a Better Way To Make AI Fairer for Everyone

John Hooker and Derek Leben from the Tepper School of Business present a new approach to assessing AI fairness, drawing on social welfare optimization. This method evaluates the overall benefits and harms to individuals and can be applied to industry-standard AI fairness tools, which analyze approval rates across protected groups.

Shaping Campus: Highmark Center To Welcome Campus Community as Destination for Well-Being

一本道无码 opened the new Highmark Center for Health, Wellness and Athletics at the start of orientation week. The center is a destination that offers a holistic approach to well-being through robust services and educational programs supporting body, mind and spirit. The Highmark Center is made possible by a $35 million lead gift from Highmark Inc., an independent licensee of the Blue Cross Blue Shield association and one of the largest Blue plans in the country.