Vassar College

Organization Overview

Vassar College is located in Poughkeepsie, NY. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Vassar College employed 3,322 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vassar 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 06/2020, Vassar College generated $260.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $277.2m during the year ending 06/2020. While expenses have increased by 1.7% per year over the past 6 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, Vassar College has awarded 29 individual grants totaling $217,550. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF VASSAR COLLEGE IS TO MAKE ACCESSIBLE "THE MEANS OF A THOROUGH, WELL-PROPORTIONED AND LIBERAL EDUCATION" THAT INSPIRES EACH INDIVIDUAL TO LEAD A PURPOSEFUL LIFE. THE COLLEGE MAKES POSSIBLE AN EDUCATION THAT PROMOTES ANALYTICAL, INFORMED, AND INDEPENDENT THINKING AND SOUND JUDGMENT; ENCOURAGES ARTICULATE EXPRESSION; AND NURTURES INTELLECTUAL CURIOSITY, CREATIVITY, RESPECTFUL DEBATE AND ENGAGED CITIZENSHIP. VASSAR SUPPORTS A HIGH STANDARD OF ENGAGEMENT IN TEACHING AND LEARNING, SCHOLARSHIP AND ARTISTIC ENDEAVOR; A BROAD AND DEEP CURRICULUM; AND A RESIDENTIAL CAMPUS THAT FOSTERS A LEARNING COMMUNITY. FOUNDED IN 1861 TO PROVIDE WOMEN AN EDUCATION EQUAL TO THAT ONCE AVAILABLE ONLY TO MEN, VASSAR IS NOW OPEN TO ALL AND STRIVES TO PURSUE DIVERSITY, INCLUSION, AND EQUITY AS ESSENTIAL COMPONENTS OF A RICH INTELLECTUAL AND CULTURAL ENVIRONMENT IN WHICH ALL MEMBERS, INCLUDING THOSE FROM UNDERREPRESENTED AND MARGINALIZED GROUPS, ARE VALUED AND EMPOWERED TO THRIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION - VASSAR STUDENTS CHOOSE AMONG 30 DEPARTMENTS, 4 INTERDEPARTMENTAL PROGRAMS, 13 MULTIDISCIPLINARY PROGRAMS, 51 MAJORS, AND APPROXIMATELY 1,000 COURSES TO CHART A RIGOROUS COURSE OF STUDY THAT EXPLORES THEIR MOST COMPELLING INTERESTS.


ACADEMIC SERVICES - ADVISING AND SUPPORT SERVICES TO PROVIDE GUIDANCE TO OUR STUDENTS TO HELP THEM ACCOMPLISH THEIR GOALS. THE MISSION OF THE ACADEMIC SERVICES DIVISION IS TO ENSURE AND TO STRENGTHEN THEIR FULFILLING EXPERIENCE AS A VASSAR STUDENT.


STUDENT SERVICES - AS A RESIDENTIAL COLLEGE, VASSAR IS COMMITTED TO PROVIDING SUPPORT SERVICES TO HELP STUDENTS MAKE THE MOST OF THEIR TIME AT VASSAR. THE OFFICE OF THE DEAN OF THE COLLEGE OVERSEES AND COORDINATES SERVICES THAT DIRECTLY IMPACT THE QUALITY OF STUDENT LIFE, BOTH ACADEMIC AND NON-ACADEMIC.


OTHER PROGRAM SERVICES INCLUDE RESEARCH EXPENDITURES, GENERAL PROGRAM OVERHEAD COSTS, AND AUXILIARY ENTERPRISE REVENUE AND EXPENDITURES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Compass Group Usa
Food Service
$4,892,162
Hall Capital Partners Llc
Investment Advisor
$1,603,911
Hcp China Capital Appreciation Fund Lp Cephei
Investment Manager
$1,345,925
Lone Savin
Investment Manager
$974,573
Baker Brothers Investments
Investment Manager
$1,557,586
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$39,748,818
Investment income $13,726,757
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,031,780
Net Gain/Loss on Asset Sales $25,950,599
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $298,223
Miscellaneous Revenue$0
Total Revenue $259,994,278

Grants Awarded

Over the last fiscal year, Vassar College has awarded $28,928 in support to 4 organizations.

Grant RecipientAmount

DUTCHESS OUTREACH INC

Org PageRecipient Profile

Poughkeepsie, NY

PURPOSE: Grant to support organization's mission

$8,214

FAMILY SERVICES INC

Org PageRecipient Profile

Poughkeepsie, NY

PURPOSE: Basic needs assistance

$8,000

BOYS & GIRLS CLUB OF NEWBURGH INC

Org PageRecipient Profile

Newburgh, NY

PURPOSE: Grant to support organization's mission

$7,500

GRACE SMITH HOUSE INC

Org PageRecipient Profile

Poughkeepsie, NY

PURPOSE: Grant to support the organization's mission

$5,214
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Vassar College has recieved totaling $145,300.

Awarding OrganizationAmount
Jim And Dede Bartlett Foundation

Wilmington, DE

PURPOSE: TWENTY THOMPSON BARTLETT FELLOWS FUND

$100,000
Utopia Fund

Plainview, NY

PURPOSE: GENERAL

$15,000
Alex J Ettl Foundation

Malibu, CA

PURPOSE: SUPPORT

$10,000
Marie Louise Escher Family Charitable Foundation Inc

Philadelphia, PA

PURPOSE: ANNUAL FUND RAISER

$8,000
Anonymous Trust

Raleigh, NC

PURPOSE: SCHOLARSHIP FOR ALEXANDER CZARKOWSKI

$5,000
$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,097,975,650
Earnings$326,021,010
Net Contributions$13,130,757
Other Expense$55,739,312
Grants$2,399,959
Ending Balance$1,378,988,146

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Quinnipiac University
Hamden, CT
$531,949,834
Seton Hall University
South Orange, NJ
$473,034,000

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