Occidental College
- Assets
- $902.9m
- Revenue
- $157.4m
- Investments
- $200.4m
- Employees
- 2,321
- Location
- Los Angeles, CA
- Founding
- 11/1934
- Data as of
- 06/2021
- EIN
- 95-1667177
Organization Overview
Occidental College is located in Los Angeles, CA. The organization was established in 1934. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Occidental College employed 2,321 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Occidental 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 06/2021, Occidental College generated $157.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $154.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Occidental College has awarded 82 individual grants totaling $1,444,229. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STUDENTS WITH A TOTAL EDUCATIONAL EXPERIENCE OF THE HIGHEST QUALITY.
Describe the Organization's Program Activity:
SEE SCHEDULE OACADEMIC PROGRAM: AS A PRIVATE, CO-EDUCATIONAL COLLEGE OF THE LIBERAL ARTS AND SCIENCES, OCCIDENTAL COLLEGE SEEKS TO PROVIDE ITS STUDENTS WITH A TOTAL EDUCATIONAL EXPERIENCE OF THE HIGHEST QUALITY ONE THAT PREPARES THEM FOR LEADERSHIP IN AN INCREASINGLY COMPLEX, INTERDEPENDENT AND PLURALISTIC WORLD. FOUNDED IN LOS ANGELES IN 1887, OCCIDENTAL WAS ONE OF THE FIRST LIBERAL ARTS COLLEGES IN CALIFORNIA AND TODAY IS ONE OF THE COUNTRY'S FEW LIBERAL ARTS COLLEGES IN AN URBAN SETTING. OCCIDENTAL OFFERS UNDERGRADUATE DEGREES IN A WIDE RANGE OF DISCIPLINES AND A MASTER'S DEGREE IN MARINE BIOLOGY. ITS 1,821 STUDENTS, DRAWN FROM 48 STATES, WASHINGTON, D.C. AND 26 COUNTRIES, CHOOSE FROM 45 MAJORS AND MINORS TAUGHT BY 196 FULLTIME AND 21 PART-TIME FACULTY. COURSE WORK IS INTEGRATED WITH OPPORTUNITIES FOR INDEPENDENT STUDY, COMMUNITY ENGAGEMENT, ONE OF THE COUNTRY'S TOP UNDERGRADUATE RESEARCH PROGRAMS, STUDY IN DOZENS OF FOREIGN COUNTRIES, AND THE COUNTRY'S ONLY CAMPAIGN SEMESTER AND RESIDENTIAL UNITED NATIONS PROGRAMS FOR UNDERGRADUATES. SINCE PRODUCING ITS FIRST RHODES SCHOLAR IN 1907, OCCIDENTAL HAS CONSISTENTLY WON NATIONAL AND INTERNATIONAL RECOGNITION FOR ACADEMIC ACHIEVEMENT. THE COLLEGE HAS BEEN ONE OF THE COUNTRY'S LEADING PRODUCERS OF STUDENT FULBRIGHT SCHOLARS FOR 14 CONSECUTIVE YEARS, ACCORDING TO THE CHRONICLE OF HIGHER EDUCATION.DEDICATED TO EXCELLENCE AND EQUITY, OCCIDENTAL ALSO IS ONE OF THE COUNTRY'S MOST ECONOMICALLY DIVERSE CAMPUSES, ACCORDING TO THE NEW YORK TIMES. SOME 76 PERCENT OF OXY STUDENTS RECEIVE SOME FORM OF FINANCIAL AID; 17 PERCENT ARE PELL GRANT RECIPIENTS; AND 16 PERCENT ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE.
SEE SCHEDULE OCO-CURRICULAR: OCCIDENTAL OFFERS A WIDE RANGE OF CO-CURRICULAR PROGRAMS, FROM THE STUDENT-RUN BLYTH FUND, WHICH OVERSEES A SIX-FIGURE INVESTMENT FUND, TO THE INTERNSHIPS AND CAREER COUNSELING SERVICES OFFERED THROUGH THE HAMEETMAN CAREER CENTER. THERE ARE MORE THAN 100 STUDENT CLUBS AND ORGANIZATIONS, AS WELL AS AN ONLINE RADIO STATION, AWARD-WINNING WEEKLY NEWSPAPER, AND LITERARY MAGAZINE. AS ONE OF THE FOUNDERS OF INTERCOLLEGIATE ATHLETICS IN SOUTHERN CALIFORNIA, OCCIDENTAL OFFERS 21 VARSITY SPORTS FOR MEN AND WOMEN, AS WELL AS SEVERAL CLUB SPORTS AND INTRAMURAL PROGRAMS FOR MEN AND WOMEN.
SEE SCHEDULE OPUBLIC SERVICE: OCCIDENTAL WAS ONE OF THE FIRST LIBERAL ARTS COLLEGES SELECTED AS COMMUNITY ENGAGEMENT INSTITUTIONS BY THE CARNEGIE FOUNDATION FOR THE ADVANCEMENT OF TEACHING AND HAS REPEATEDLY BEEN NAMED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL FOR ITS EXEMPLARY SERVICE EFFORTS. OCCIDENTAL'S TRADITION OF COMMUNITY OUTREACH DATES BACK TO 1963, WHEN THE COLLEGE'S COMMUNITY LITERACY CENTER WAS FOUNDED TO PROVIDE ONE-ON-ONE READING AND WRITING INSTRUCTION FOR LOCAL K-6 CHILDREN. IT ALSO IS HOME TO ONE OF CALIFORNIA'S OLDEST, LARGEST AND MOST SUCCESSFUL UPWARD BOUND PROGRAMS. OCCIDENTAL HAS INTEGRATED COMMUNITY ENGAGEMENT INTO ITS CURRICULUM, TAKING ADVANTAGE OF ITS LOCATION IN LOS ANGELES. THREE LINKED PROGRAMS THE OFFICE FOR COMMUNITY ENGAGEMENT, THE CENTER FOR COMMUNITY BASED LEARNING, AND THE URBAN & ENVIRONMENTAL POLICY INSTITUTE CONNECT CURRICULUM, CO-CURRICULAR ACTIVITIES, AND RESEARCH AND COMMUNITY-BASED EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Veitch PHD Former President (thru 6/30/20) | Officer | 50 | $1,472,133 |
Harry J Elam Jr President/ex-Officio As Of 7/1/20 | OfficerTrustee | 50 | $372,814 |
Charles Cardillo VP For Institutional Advancement | Officer | 50 | $344,277 |
Amos Himmelstein VP For Finance/ Coo/treasurer | Officer | 50 | $291,314 |
Wendy Sternberg VP For Academic Affairs/ Dean Of The College | Officer | 50 | $272,615 |
Jaime Hoffman Director Of Athletics (thru 3/15/20) | 50 | $259,193 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Om Construction General Contractors | 6/29/21 | $1,098,533 |
Pacific National Group General Contractors | 6/29/21 | $788,382 |
Pacific Custom Pools Inc General Contractors | 6/29/21 | $578,915 |
Shield T3 Llc Covid Testing | 6/29/21 | $478,602 |
Cambridge Associates Llc Consulting Firm | 6/29/21 | $558,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,620,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,093,380 |
| Noncash contributions included in lines 1a–1f | $2,817,851 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,714,039 |
| Total Program Service Revenue | $106,463,517 |
| Investment income | $9,429,987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,819,552 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $157,427,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $165,042 |
| Grants and other assistance to domestic individuals. | $50,164,013 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,627,136 |
| Compensation of current officers, directors, key employees. | $3,464,652 |
| Compensation to disqualified persons | $640,883 |
| Other salaries and wages | $49,293,888 |
| Pension plan accruals and contributions | $2,681,784 |
| Other employee benefits | $8,360,750 |
| Payroll taxes | $3,761,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $660,067 |
| Fees for services: Accounting | $148,973 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,265,401 |
| Fees for services: Other | $4,507,349 |
| Advertising and promotion | $32,660 |
| Office expenses | $3,329,762 |
| Information technology | $2,483,139 |
| Royalties | $0 |
| Occupancy | $4,031,114 |
| Travel | $135,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $346,557 |
| Interest | $3,547,121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,295,513 |
| Insurance | $603,291 |
| All other expenses | $822,440 |
| Total functional expenses | $154,717,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,535,193 |
| Savings and temporary cash investments | $79,276,997 |
| Pledges and grants receivable | $10,765,648 |
| Accounts receivable, net | $451,099 |
| Loans from Officers, Directors, or Controlling Persons | $73,500 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $652,679 |
| Prepaid expenses and deferred charges | $788,343 |
| Net Land, buildings, and equipment | $190,825,991 |
| Investments—publicly traded securities | $387,156,350 |
| Investments—other securities | $200,358,589 |
| Investments—program-related | $17,476,013 |
| Intangible assets | $0 |
| Other assets | $8,584,681 |
| Total assets | $902,945,083 |
| Accounts payable and accrued expenses | $17,492,754 |
| Grants payable | $0 |
| Deferred revenue | $4,910,896 |
| Tax-exempt bond liabilities | $30,440,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $68,164,136 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,383,044 |
| Total liabilities | $140,390,830 |
| Net assets without donor restrictions | $248,781,448 |
| Net assets with donor restrictions | $513,772,805 |
| 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 | $902,945,083 |
Grants Awarded
Over the last fiscal year, Occidental College has awarded $127,203 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Newton, MA PURPOSE: RESEARCH PARTNER ASSISTING WITH CONDUCTING STUDY PROTOCOLS FOR IN-HOME PRODUCT USE, DEVELOPING SURVEY INSTRUMENT FOCUS GROUP MATERIALS, DATA ANALYSIS, CONDUCTING ANALYTICAL TESTING OF PRODUCTS, AND PREPARING PEER-REVIEWED MANUSCRIPTS. | $34,284 |
Wellsley, MA PURPOSE: CONDUCT RESEARCH ON QUANTITIVE AFM INVESTIGATIONS OF ADHESION OF A PLANKTONIC BACTERIAL PREDATOR TO BIOFILM PREY AND WORK CLOSELY WITH SEVERAL UNDERGRADUATE STUDENT RESEARCHERS ASSISTING IN CONDUCTING THE RESEARCH. | $17,252 |
Ashburn, VA PURPOSE: RESEARCH PARTNER ASSISTING WITH STUDY DESIGN OF IN-HOME ASSESSMENT OF PRODUCT USE, SURVEYS, AND FOCUS GROUPS TO ENSURE STUDY PROTOCOLS CAPTURE DATA ADEQUATELY. LEAD ANALYSES ON EXPOSURES TO PRODUCTS. | $16,342 |
Gainesville, FL PURPOSE: COLLABORATIVE RESEARCH THAT WILL FOCUS ON INTEGRATING THE OBIRD PEN WITH ON-GOING DIGITIZATION EFFORTS CONDUCTED BY THE OVERT THEMATIC COLLECTIONS NETWORK. THE UNIVERSITY OF FLORIDA WILL ALSO LEAD COORDINATION FOR THIS PROJECT WITH MORPHOSOURCE TO SUPPORT ACCESS TO PHOTOGRAMMETRY DATA GENERATED BY OBIRD. | $13,725 |
Austin, TX PURPOSE: BRING TOGETHER UNDERGRADUATE STUDENTS TO PARTICIPATE IN AN IMMERSIVE RESEARCH EXPERIENCE THAT WILL SUPPORT THEM IN BECOMING FUTURE MATHEMATICIANS. STUDENTS WILL LEAVE THE EXPERIENCE HAVING MADE BOTH INDIVIDUAL AND GROUP CONTRIBUTIONS TO ACTIVE RESEARCH PROJECTS. | $10,000 |
ADELPHI UNIVERSITY PURPOSE: BRING TOGETHER UNDERGRADUATE STUDENTS TO PARTICIPATE IN AN IMMERSIVE RESEARCH EXPERIENCE THAT WILL SUPPORT THEM IN BECOMING FUTURE MATHEMATICIANS. STUDENTS WILL LEAVE THE EXPERIENCE HAVING MADE BOTH INDIVIDUAL AND GROUP CONTRIBUTIONS TO ACTIVE RESEARCH PROJECTS. | $5,250 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Occidental College has recieved totaling $336,000.
| Awarding Organization | Amount |
|---|---|
Paul K Richter Memorial Fund Dallas, TX PURPOSE: SUPPORTS RICHTER RESEARCH | $300,000 |
Johnston-Fix Foundation Spokane, WA PURPOSE: CHARITABLE DISTRIBUTION. | $20,500 |
Franklin Family Charitable Foundation Los Angeles, CA PURPOSE: EDUCATION | $5,000 |
Harris Family Foundation Bozeman, MT PURPOSE: CONTRIBUTION TO GENERAL FUND | $5,000 |
Grace Nixon Foundation Walnut Creek, CA PURPOSE: GENERAL SUPPORT | $5,000 |
S Edward Marder Family Foundation Lake Forest, IL PURPOSE: CHARITABLE | $500 |
Endowment Analysis
| Beg. Balance | $439,089,409 |
| Earnings | $153,367,407 |
| Admin Expense | $676,066 |
| Net Contributions | $10,701,304 |
| Other Expense | $14,589,707 |
| Grants | $12,082,530 |
| Ending Balance | $575,809,817 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Baptist University Riverside, CA | $602,706,322 | $400,113,733 |
Pomona College Claremont, CA | $3,932,260,494 | $235,119,844 |
Lewis And Clark College Portland, OR | $616,912,897 | $240,136,903 |
Claremont Mckenna College Claremont, CA | $1,751,055,641 | $321,560,955 |
Occidental College Los Angeles, CA | $902,945,083 | $157,427,095 |
Art Center College Of Design Pasadena, CA | $332,038,708 | $136,246,273 |
Reed Institute Portland, OR | $1,033,562,980 | $135,489,826 |
Linfield University Mcminnville, OR | $308,659,467 | $110,269,366 |
Westmont College Santa Barbara, CA | $328,569,320 | $121,110,665 |
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |