Amherst College Trustees is a college based in Amherst, MA that was founded in 1821. As of 2019 they had $411 million in revenue and $4.0 billion in assets.
Amherst College is deeply committed to issues surrounding inclusivity, a sense of belonging, diversity, environmental sustainability and impact, and responsible stewardship .
Previous legal names or variations of their name include: The Trustees Of Amherst College.
EIN:
04-2103542
City:
State:
Metro:
Website:
Phone:
413 542-2000
Facebook:
Twitter:
Founded:
1821
Type:
501(c)(3)
NTEE:
Revenue:
$411,454,340
Assets:
$4,074,344,424
Employees:
3,495
Fiscal year end:
June
Program areas at Amherst College Trustees
Higher Education: Undergraduate Education Amherst College is an undergraduate institution with an approximate student enrollment of 1,800.
Home to the world's largest Shakespeare collection, the Folger Shakespeare Library is a major center for scholarly research; a lively venue for performances, readings, exhibitions; and a national leader in humanities education.
Form 990s for Amherst College Trustees
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-06 | Aug 20, 2020 | 990 | View PDF |
| 2018-06 | Nov 8, 2019 | 990 | View PDF |
| 2017-06 | Oct 16, 2018 | 990 | View PDF |
| 2016-06 | Sep 19, 2017 | 990 | View PDF |
| 2015-06 | Aug 4, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for Amherst College Trustees
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $431,813 | $406,689 | 6.2% |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $3,279,778 | $3,060,771 | 7.2% |
| Normal grants, contributions, etc. | $85,150,737 | $111,690,024 | -23.8% |
| <em>Non-cash contributions included in above</em> | $23,756,077 | $7,187,295 | 230.5% |
| Total grants, contributions, etc. | $88,862,328 | $115,157,484 | -22.8% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $88,862,328 | $115,157,484 | -22.8% |
| Program services | $131,053,749 | $126,562,829 | 3.5% |
| Investment income and dividends | $21,956,753 | $20,428,621 | 7.5% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $347,243 | $359,026 | -3.3% |
| Net rental income | $-55,205 | $47,139 | -217.1% |
| Net gain from sale of non-inventory assets | $167,125,808 | $147,802,967 | 13.1% |
| Net income from fundraising events | $-85,862 | $-80,531 | -6.6% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $2,249,526 | $3,513,586 | -36.0% |
| Total revenues | $411,454,340 | $413,791,121 | -0.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $344,063 | $232,309 | 48.1% |
| Grants to individuals in USA | $60,646,892 | $58,505,900 | 3.7% |
| Grants to govts., orgs., and individuals outside USA | $377,191 | $405,109 | -6.9% |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $3,937,505 | $4,629,098 | -14.9% |
| Compensation not included above, to disqualified persons | $0 | $259,041 | -100% |
| Non-officer salaries and wages | $99,787,766 | $94,036,130 | 6.1% |
| Pension/retirement accruals and contributions | $12,630,791 | $8,008,986 | 57.7% |
| Other employee benefits | $14,772,170 | $14,615,074 | 1.1% |
| Payroll taxes | $6,987,991 | $6,807,741 | 2.6% |
| Management fees | $0 | $0 | |
| Legal fees | $696,268 | $967,162 | -28.0% |
| Accounting fees | $388,210 | $352,123 | 10.2% |
| Lobbying fees | $5,500 | $6,667 | -17.5% |
| Pro. fundraising fees | $0 | $180,345 | -100% |
| Investment mgmt fees | $42,644,647 | $38,380,951 | 11.1% |
| Other fee-for-service | $10,674,781 | $7,421,249 | 43.8% |
| Advertising and promotion | $1,828,769 | $1,701,252 | 7.5% |
| Office expenses | $3,943,498 | $3,614,902 | 9.1% |
| Information tech. expenses | $4,150,810 | $3,268,527 | 27.0% |
| Royalty expenses | $112,920 | $112,177 | 0.7% |
| Occupancy | $10,351,065 | $8,413,009 | 23.0% |
| Travel | $2,627,453 | $2,709,359 | -3.0% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $2,986,515 | $3,014,469 | -0.9% |
| Interest | $16,115,602 | $13,333,359 | 20.9% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $19,926,783 | $15,467,133 | 28.8% |
| Insurance | $772,471 | $1,758,281 | -56.1% |
| All other expenses | $21,543,455 | $24,400,368 | -11.7% |
| Total expenses | $338,253,116 | $312,600,721 | 8.2% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $30,105,346 | $51,199,599 | -41.2% |
| Savings, short-term investments, etc. | $287,153,887 | $203,934,115 | 40.8% |
| Pledges and grants receivable | $97,724,569 | $97,133,880 | 0.6% |
| Accounts receivable | $2,669,069 | $8,300,102 | -67.8% |
| Loans receivable from officers, directors, etc. | $833,571 | $901,786 | -7.6% |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $8,812,703 | $8,056,428 | 9.4% |
| Inventories for use | $486,055 | $362,018 | 34.3% |
| Prepaid expenses and deferred charges | $6,488,971 | $4,941,725 | 31.3% |
| Buildings, equipment, etc. post-depreciation | $641,279,699 | $628,506,999 | 2.0% |
| Investments, publicly traded securities | $305,749,091 | $327,827,798 | -6.7% |
| Investments, other securities | $2,646,460,596 | $2,586,688,643 | 2.3% |
| Investments, program-related | $1,388,245 | $1,527,168 | -9.1% |
| Intangible assets | $0 | $0 | |
| Other assets | $45,192,622 | $44,241,410 | 2.2% |
| Total assets | $4,074,344,424 | $3,963,621,671 | 2.8% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $19,682,695 | $39,631,928 | -50.3% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $1,768,741 | $1,604,835 | 10.2% |
| Tax-exempt bond liabilities | $143,305,000 | $146,145,000 | -1.9% |
| Escrow or custodial account liability | $1,031,090 | $873,214 | 18.1% |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $330,349,570 | $332,501,320 | -0.6% |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $136,553,117 | $120,935,994 | 12.9% |
| Total liabilities | $632,690,213 | $641,692,291 | -1.4% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $1,202,734,887 | $1,187,467,880 | 1.3% |
| Temporarily restricted net assets | $0 | $1,593,514,782 | -100% |
| Permanently restricted net assets | $2,238,919,324 | $540,946,718 | 313.9% |
Vendors for Amherst College Trustees
| Vendor | Services | Amount paid | Date |
|---|
| KPMG LLP | Tax accounting | | 2020-07-09 |
| ██████ ███ | Software | | 2020-04-23 |
| ██████ | Content management system software | | 2020-04-10 |
| ██████████████████████ ███ | Audit accounting | | 2020-03-24 |
| ████ ███ ████ ███ | Construction Service | $32,219,770 | 2019-06-01 |
| ██████ ██████████ ████ ███ | Construction Service | $2,734,266 | 2019-06-01 |
| ███ ███████ █████ ███ | Investment Manager | $2,335,760 | 2019-06-01 |
| ███████ ███████ | Investment Manager | $4,264,275 | 2019-06-01 |
| ...and two more vendors |
Personnel at Amherst College Trustees
| Name | Title | Compensation | Most recent data |
|---|
| Kevin C. Weinman | Chief Financial and Administrative Officer | $344,446 | April 29, 2020 |
| Sandra Genelius | Chief Communications Officer | $256,563 | June 30, 2018 |
| █████ ██ ████████ | Chief Information Officer | - | March 30, 2018 |
| ████ █ ██████████ | Chief of Staff and Sec of Trustees / Chief of Staff and Secretary of the Board of Trustees | $114,111 | June 30, 2018 |
| ████ ██ ██████████ | Chief Policy Officer and General Counsel | $319,761 | June 30, 2018 |
| ████ ██████ | Chief Advancement Officer | - | March 30, 2018 |
| █████ ██ ████████ | Chief of Campus Operations | $253,655 | June 30, 2018 |
| ███████ ██████ | Chief of Student Affairs | $317,741 | June 30, 2018 |
| █████████ ████████ | Dean of Admiss and Fin Aid | $204,800 | June 30, 2018 |
| █████████ ███████ | Dean of Faculty | $277,483 | June 30, 2018 |
| ...and 13 more key personnel |
Peer undergraduate colleges
| | Name | Type | Revenue | Location |
|---|
| 1 | Wheaton College | 501(c)(3) | $137 million | Norton, MA |
| 2 | Babson College | 501(c)(3) | $286 million | Babson Park, MA |
| 3 | Bentley University | 501(c)(3) | $315 million | Waltham, MA |
| 4 | Endicott College | 501(c)(3) | $161 million | Beverly, MA |
| 5 | Merrimack College | 501(c)(3) | $193 million | North Andover, MA |
| 6 | Wentworth Institute of Technology | 501(c)(3) | $204 million | Boston, MA |
| 7 | Mount Holyoke College | 501(c)(3) | $218 million | South Hadley, MA |
| 8 | Williams College | 501(c)(3) | $389 million | Williamstown, MA |
| 9 | Stonehill College | 501(c)(3) | $162 million | Easton, MA |
| 10 | Trustees of the College of the Holy Cross | 501(c)(3) | $283 million | Worcester, MA |
| 11 | Ohio Wesleyan University (OWU) | 501(c)(3) | $120 million | Delaware, OH |
| 12 | Harvey Mudd College | 501(c)(3) | $112 million | Claremont, CA |
| 13 | The Culinary Institute of America (CIA) | 501(c)(3) | $172 million | Hyde Park, NY |
| 14 | The New School | 501(c)(3) | $530 million | New York, NY |
| 15 | Davidson College | 501(c)(3) | $195 million | Davidson, NC |
| 16 | Spelman College | 501(c)(3) | $168 million | Atlanta, GA |
| 17 | Iona College | 501(c)(3) | $165 million | New Rochelle, NY |
| 18 | Hobart and William Smith Colleges (HWS) | 501(c)(3) | $178 million | Geneva, NY |
| 19 | Sarah Lawrence College | 501(c)(3) | $113 million | Bronxville, NY |
| 20 | Dickinson College | 501(c)(3) | $209 million | Carlisle, PA |
| 21 | Stevenson University | 501(c)(3) | $152 million | Stevenson, MD |
| 22 | Canisius College | 501(c)(3) | $104 million | Buffalo, NY |
| 23 | Saint Mary's College of California | 501(c)(3) | $198 million | Moraga, CA |
| 24 | University of the Cumberlands (UC) | 501(c)(3) | $120 million | Williamsburg, KY |
| 25 | Knox College | 501(c)(3) | $103 million | Galesburg, IL |