Summary of University’s Contributions to City of Pittsburgh and Allegheny County
Duquesne University’s local economic impact totaled $432 million last year.
The University contributes to the city and county in the form of taxes and financial contributions, economic stimulus and contributed services.
TAXES & FINANCIAL CONTRIBUTIONS
- Duquesne University made tax payments to the city and county totaling $2,012,145 last year. These payments were in the form of real estate, parking, amusement, city employee wage, and local service taxes.
- Duquesne is one of 73 not-for-profit organizations that contributed to the initial efforts of the Pittsburgh Public Service Fund, which contributed more than $4.5 million to the City in 2007. Over the three-year term of the agreement with the City (2005–2007), the Public Service Fund contributed a total of $13,987,780, which is $419,095 higher than the amount originally pledged.
ECONOMIC STIMULUS & CONTRIBUTED SERVICES
Duquesne University’s local economic impact in FY 2009 totaled $432 million.
- The total financial impact of spending by Duquesne’s 10,000+ students in the local economy is estimated to be more than $130 million.
- As a leading partner of the Pittsburgh Central Keystone Innovation Zone (PCKIZ), Duquesne University is helping our community grow through investment and economic development. The PCKIZ is currently working with 24 companies that either started in or relocated to PCKIZ’s target zone, stimulating the economy and generating job growth in one of Pittsburgh’s most financially distressed areas.
- In FY 2009, Duquesne University received more than $12 million in outside research funding. Since FY 2003, the University has secured more than $75 million, funding that creates jobs and supports the development of new technologies in pharmacy, nursing, health sciences and other disciplines.
- Duquesne research has resulted in 43 patents issued, with 22 additional patents in process. Many of these patents are in the areas of biotechnology and pharmaceutics, both emerging industries in Pittsburgh.
- Duquesne developed and revitalized a 2.5-acre site along the Forbes Avenue corridor, constructing the 137,000 sq. ft. multi-purpose Power Center. In addition to housing University facilities, the building houses a Barnes and Noble Bookstore, restaurant and juice bar that are open to the public. The project transformed a blighted area.
- The University provides full- and part-time employment for more than 2,800 individuals. Over the past decade, Duquesne's payroll has increased substantially, and the number of its employees has grown by 20%, yielding significant new tax revenue to the city.
- Last year the University spent more than more $18 million on capital improvements. Over the past decade Duquesne has spent approximately $140 million on new construction and improvements, with virtually all contracts awarded to local companies.
- The Small Business Development Center (SBDC) at Duquesne provided more than 11,000 hours of consulting services to 815 local enterprises and secured more than $12 million in funding, much of which was invested in the local economy. The total financial impact of SBDC efforts is calculated at more than $19 million.
- Over the last three years, Duquesne students and employees donated more than 600,000 hours valued at nearly $12 million to local organizations and service projects. Last year alone, more than 8,000 students and University employees donated over 200,000 hours with an estimated value of more than $4 million.
- Each year, Duquesne partners with more than 1,100 local community agencies, organizations and individuals to provide assistance ranging from health care to legal issues.
More information will be available in the University’s Community Engagement Report and Economic Impact Report to be released shortly.