Bryn Mawr College
- Assets
- $1.6b
- Revenue
- $239.2m
- Investments
- $484.2m
- Employees
- 2,111
- Location
- Bryn Mawr, PA
- Founding
- 09/1932
- Data as of
- 05/2021
- EIN
- 23-1352621
Organization Overview
Bryn Mawr College is located in Bryn Mawr, PA. The organization was established in 1932. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Bryn Mawr College employed 2,111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bryn Mawr 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 05/2021, Bryn Mawr College generated $239.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $162.4m during the year ending 05/2021. While expenses have increased by 0.0% 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, Bryn Mawr College has awarded 50 individual grants totaling $37,575,447. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A RIGOROUS EDUCATION AND ENCOURAGE PURSUIT OF KNOWLEDGE AS PREPARATION FOR LIFE AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION: DURING THE YEAR, BRYN MAWR COLLEGE'S ENROLLMENT CONSISTED OF APPROXIMATELY 1,425 FULL AND PART-TIME UNDERGRADUATE STUDENTS IN RESIDENCE AND 355 GRADUATE AND PROFESSIONAL STUDENTS. IN FY2022, BRYN MAWR CONFERRED 311 BACHELOR'S DEGREES; 74 POST-BACCALAUREATE CERTIFICATES; 95 MASTER'S DEGREES AND 14 DOCTORAL DEGREES. SEVENTY-EIGHT PERCENT OF FULL-TIME UNDERGRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. THE AVERAGE AID AWARD WAS $58,133. IN ADDITION, DURING FISCAL YEAR 2022, THE COLLEGE PROVIDED OVER $1.8 MILLION IN SUBAWARDS TO OTHER INSTITUTIONS FOR INSTRUCTION IN CRITICAL LANGUAGES.
RESEARCH: SINCE ITS FOUNDING IN 1885, THE COLLEGE HAS MAINTAINED ITS CHARACTER AS A SMALL RESIDENTIAL COMMUNITY WHICH FOSTERS CLOSE WORKING RELATIONSHIPS BETWEEN FACULTY AND STUDENTS. THE FACULTY OF TEACHERS/SCHOLARS EMPHASIZES LEARNING THROUGH CONVERSATION AND COLLABORATION, PRIMARY READING, ORIGINAL RESEARCH AND EXPERIMENTATION. THE COLLEGE'S FACULTY RESEARCH SUPPORT PROGRAM REFLECTS A STRONG INSTITUTIONAL COMMITMENT TO FACULTY SCHOLARSHIP AND TO THE RELATIONSHIP BETWEEN TEACHING AND RESEARCH.
PUBLIC SERVICE AND CIVIC ENGAGEMENT: BRYN MAWR COLLEGE'S PHEBE ANNA THORNE SCHOOL HAS BEEN SERVING FAMILIES IN THE GREATER PHILADELPHIA AREA FOR MORE THAN SIXTY YEARS. THE THORNE SCHOOL CONTINUES TO OFFER DEVELOPMENTALLY ORIENTED, CHILD-CENTERED PRE-SCHOOL AND KINDERGARTEN PROGRAMS. CIVIC ENGAGEMENT COLLABORATES WITH COMMUNITY-BASED ORGANIZATIONS TO PREPARE STUDENTS TO BE SOCIALLY RESPONSIBLE LEADERS AND CITIZENS THROUGH PURPOSEFUL ACTION, REFLECTION, AND LEARNING. A WIDE VARIETY OF PROGRAMS INCLUDE PROVIDING DIRECT SERVICE SUCH AS TUTORING, TAX PREPARATION, MENTORING, AND LEADERSHIP TRAINING, AND REFLECTING ON THAT SERVICE INSIDE AND OUTSIDE OF A CLASSROOM SETTING. (SEE SCHEDULE O)THIS DYNAMIC COMBINATION OF THE PRACTICAL AND THE ACADEMIC HELPS SHAPE STUDENTS' PROFESSIONAL GOALS, GIVES THEM REAL WORK EXPERIENCE, AND PROVIDES THE PHILADELPHIA METROPOLITAN AREA WITH MUCH-NEEDED SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke H Jones Chief Investment Officer | Officer | 40 | $767,113 |
Kimberly E Cassidy President Of The College | Officer | 40 | $628,077 |
Robert A Miller Chief Alum Relations & Dev Off | Officer | 40 | $320,872 |
Kari Fazio CFO & CEO | Officer | 40 | $314,014 |
Mary Osirim Professor | 40 | $241,494 | |
Timothy Harte Provost & Professor Of Russian | Officer | 40 | $241,348 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hsc Builders & Construction Managers Building Contractor | 5/30/22 | $9,354,475 |
Wolfe Scott Associates Inc Building Contractor | 5/30/22 | $1,596,434 |
Gardner Fox Associates Inc Building Contractor | 5/30/22 | $1,499,105 |
The Sullivan Co Building Contractor | 5/30/22 | $976,199 |
Rca Laboratory Services Llc Covid Testing | 5/30/22 | $540,513 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,648,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,231,067 |
| Noncash contributions included in lines 1a–1f | $13,053,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,879,373 |
| Total Program Service Revenue | $98,107,494 |
| Investment income | $49,509,812 |
| Tax Exempt Bond Proceeds | $420 |
| Royalties | $2,173 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,383,606 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,161,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,360,702 |
| Grants and other assistance to domestic individuals. | $42,701,466 |
| Grants and other assistance to Foreign Orgs/Individuals | $85,506 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,173,947 |
| Compensation of current officers, directors, key employees. | $2,348,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,050,985 |
| Pension plan accruals and contributions | $4,627,616 |
| Other employee benefits | $5,945,273 |
| Payroll taxes | $3,568,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $96,242 |
| Fees for services: Accounting | $313,081 |
| Fees for services: Lobbying | $15,508 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,358,247 |
| Fees for services: Other | $3,461,273 |
| Advertising and promotion | $69,839 |
| Office expenses | $7,766,791 |
| Information technology | $2,517,344 |
| Royalties | $0 |
| Occupancy | $2,433,103 |
| Travel | $90,840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $343,628 |
| Interest | $4,999,950 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,860,296 |
| Insurance | $1,049,188 |
| All other expenses | $0 |
| Total functional expenses | $162,420,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,829 |
| Savings and temporary cash investments | $112,790,765 |
| Pledges and grants receivable | $22,344,327 |
| Accounts receivable, net | $3,196,819 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,226,240 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,353,611 |
| Net Land, buildings, and equipment | $192,413,872 |
| Investments—publicly traded securities | $740,113,854 |
| Investments—other securities | $484,236,733 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,881,289 |
| Total assets | $1,564,567,339 |
| Accounts payable and accrued expenses | $13,001,521 |
| Grants payable | $415,040 |
| Deferred revenue | $3,821,702 |
| Tax-exempt bond liabilities | $122,820,520 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,663,786 |
| Total liabilities | $149,722,569 |
| Net assets without donor restrictions | $682,475,070 |
| Net assets with donor restrictions | $732,369,700 |
| 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 | $1,564,567,339 |
Grants Awarded
Over the last fiscal year, Bryn Mawr College has awarded $1,926,863 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: FOREIGN LANGUAGE TRAINING | $1,829,719 |
Washington, DC PURPOSE: RESEARCH SUPPORT | $59,644 |
Philadelphia, PA PURPOSE: OPERATIONAL SUPPORT | $37,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bryn Mawr College has recieved totaling $228,126.
| Awarding Organization | Amount |
|---|---|
Dorothy Atkinson Foundation Inc Owings Mills, MD PURPOSE: EDUCATION | $125,000 |
Eliza C Funk Charitable Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $102,626 |
Suzanne And Bruce Lindsay Charitable Foundation Philadelphia, PA PURPOSE: CHARITABLE | $500 |
Endowment Analysis
| Beg. Balance | $1,224,350,585 |
| Earnings | $63,795,654 |
| Admin Expense | $13,040,000 |
| Net Contributions | $16,353,429 |
| Other Expense | $41,195,219 |
| Grants | $9,371,450 |
| Ending Balance | $1,240,892,999 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ithaca College Ithaca, NY | $834,703,732 | $365,679,639 |
Touro University New York, NY | $558,489,117 | $321,976,604 |
Saint Josephs University Philadelphia, PA | $901,366,941 | $347,052,680 |
Colgate University Treasurers Office Hamilton, NY | $1,984,946,016 | $378,114,548 |
Oberlin College Oberlin, OH | $1,432,118,020 | $305,531,376 |
Skidmore College Saratoga Springs, NY | $987,033,808 | $268,742,242 |
Lafayette College Easton, PA | $1,381,563,896 | $228,460,340 |
Swarthmore College Swarthmore, PA | $3,573,029,000 | $364,464,007 |
Denison University Granville, OH | $1,502,847,785 | $275,909,448 |
Barnard College New York, NY | $934,956,587 | $267,817,606 |
Gettysburg College Gettysburg, PA | $570,755,194 | $196,773,554 |
Trustees Of Hamilton College Clinton, NY | $1,394,895,135 | $220,131,728 |