Trustees Of Mount Holyoke College
- Assets
- $1.3b
- Revenue
- $216.0m
- Investments
- $938.1m
- Employees
- 2,625
- Location
- South Hadley, MA
- Founding
- 07/1942
- Data as of
- 06/2022
- EIN
- 04-2103578
Organization Overview
Trustees Of Mount Holyoke College, operating under the name Mount Holyoke College, is located in South Hadley, MA. The organization was established in 1942. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Mount Holyoke College employed 2,625 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Holyoke College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mount Holyoke College generated $216.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $223.9m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mount Holyoke College has awarded 51 individual grants totaling $2,253,525. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MOUNT HOLYOKE COLLEGE IS TO PROVIDE AN INTELLECTUALLY ADVENTUROUS EDUCATION IN THE LIBERAL ARTS AND SCIENCES THROUGH ACADEMIC PROGRAMS RECOGNIZED INTERNATIONALLY FOR THEIR EXCELLENCE AND RANGE; TO DRAW STUDENTS FROM ALL BACKGROUNDS INTO AN EXCEPTIONALLY DIVERSE AND INCLUSIVE LEARNING COMMUNITY WITH HIGHLY ACCOMPLISHED, COMMITTED, AND RESPONSIVE FACULTY AND STAFF; TO CONTINUE BUILDING ON THE COLLEGE'S HISTORIC LEGACY OF LEADERSHIP IN THE EDUCATION OF WOMEN; AND TO PREPARE STUDENTS, THROUGH A LIBERAL EDUCATION INTEGRATING CURRICULUM AND CAREERS, FOR LIVES OF THOUGHTFUL, EFFECTIVE, AND PURPOSEFUL ENGAGEMENT IN THE WORLD.
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Stephens President | OfficerTrustee | 72 | $609,032 |
Elizabeth Barbeau Trustee | Trustee | 3 | $0 |
Jennie Berkson Trustee | Trustee | 5 | $0 |
Lori Bettison-Varga Trustee | Trustee | 3 | $0 |
Ashanta Evans Blackwell Trustee | Trustee | 3 | $0 |
Elizabeth Cochary Gross Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clinical Research Sequencing Platform Covid Testing | 6/29/22 | $1,273,875 |
Arrowstreet International Equity Investment Mgmt | 6/29/22 | $708,837 |
Hill Engineers Architectsplanners Architectural Design | 6/29/22 | $635,092 |
Cambridge Associates Llc Investment Cnsltng | 6/29/22 | $604,500 |
Adage Capital Partners Investment Mgmt | 6/29/22 | $585,968 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,788,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,307,803 |
| Noncash contributions included in lines 1a–1f | $2,468,573 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,095,962 |
| Total Program Service Revenue | $158,881,407 |
| Investment income | $1,961,736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $93 |
| Net Rental Income | $218,078 |
| Net Gain/Loss on Asset Sales | -$3,422,689 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $143,614 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $215,955,879 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $103,759 |
| Grants and other assistance to domestic individuals. | $57,364,795 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,029,622 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,116,730 |
| Compensation of current officers, directors, key employees. | $1,556,542 |
| Compensation to disqualified persons | $94,764 |
| Other salaries and wages | $68,451,138 |
| Pension plan accruals and contributions | $6,846,146 |
| Other employee benefits | $11,612,036 |
| Payroll taxes | $4,918,046 |
| Fees for services: Management | $1,104,923 |
| Fees for services: Legal | $534,252 |
| Fees for services: Accounting | $274,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,956,247 |
| Fees for services: Other | $6,715,270 |
| Advertising and promotion | $133,594 |
| Office expenses | $5,383,599 |
| Information technology | $1,386,926 |
| Royalties | $8,772 |
| Occupancy | $3,912,334 |
| Travel | $744,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,695 |
| Interest | $4,919,119 |
| Payments to affiliates | $198,183 |
| Depreciation, depletion, and amortization | $11,205,398 |
| Insurance | $5,332,714 |
| All other expenses | $0 |
| Total functional expenses | $223,911,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,967,399 |
| Pledges and grants receivable | $24,499,653 |
| Accounts receivable, net | $1,715,519 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $238,824 |
| Inventories for sale or use | $888,131 |
| Prepaid expenses and deferred charges | $2,713,343 |
| Net Land, buildings, and equipment | $218,965,148 |
| Investments—publicly traded securities | $89,179,582 |
| Investments—other securities | $938,141,950 |
| Investments—program-related | $9,044,594 |
| Intangible assets | $0 |
| Other assets | $1,705,367 |
| Total assets | $1,335,059,510 |
| Accounts payable and accrued expenses | $11,767,074 |
| Grants payable | $0 |
| Deferred revenue | $2,529,834 |
| Tax-exempt bond liabilities | $57,897,731 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $35,323,353 |
| Unsecured mortgages and notes payable | $66,849,480 |
| Other liabilities | $39,058,954 |
| Total liabilities | $213,426,426 |
| Net assets without donor restrictions | $227,930,652 |
| Net assets with donor restrictions | $893,702,432 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,335,059,510 |
Grants Awarded
Over the last fiscal year, Trustees Of Mount Holyoke College has awarded $97,668 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF SOUTH HADLEY PURPOSE: SUPPORT FOR FIRE DEPT CAPITAL EQUIP FUND | $40,000 |
FIVE COLLEGES INCORPORATED PURPOSE: SUPPT FOR FIVE COLL CTR FOR STUDY-WLDLAN | $46,125 |
WFCR PURPOSE: GEN SUPPORT FOR LOCAL PUBLIC RADIO STATN | $11,543 |