EIN 42-0680387

The Trustees of Grinnell College

IRS 501(c) type
501(c)(3)
Num. employees
2,514
State
Year formed
1846
Most recent tax filings
2023-06-01
Description
Founded in 1846, Grinnell College is a private, coed, residential liberal arts and sciences college located in Grinnell, Iowa. They confer bachelor of arts degrees in 26 major fields and offer individualized curriculum planning and advising.
Also known as...
Grinnell College
Total revenues
$364,446,425
2023
Total expenses
$236,823,739
2023
Total assets
$3,023,180,797
2023
Num. employees
2,514
2023

Program areas at The Trustees of Grinnell College

Instructional programs at The private 4-year residential College include The liberal arts and sciences. Grinnell offers a bachelor of arts in 27 major fields with 16 concentrations and a 1:9 faculty to student ratio. Grinnell College has approximately 1,700 students generally from all states and about 50 other countries. At The center of a Grinnell education is The College's individually advised curriculum. It combines intense faculty mentoring with an uncommon level of student responsibility for choosing their own unique set of courses.mentoring begins in The first-year tutorial, The only required course at Grinnell College. Faculty members from all academic departments teach The tutorial and their topics vary widely, but every tutorial emphasizes writing, critical thinking and analysis, discussion skills, and information literacy.each tutor also serves as adviser to The tutorial students until they declare a major field of study, offering guidance from an instructor with personal knowledge of their academic interests, aptitudes, and needs.the tutorial is usually limited to 12 students, making it smaller than The average class, though similar in intensity to The rest of The curriculum. In fact, Grinnell classes generally are small, with an average enrollment of 16 and fewer than 9 percent of classes above 30 students.many academic programs offer a mentored advanced project (map), either as independent study or in The context of a seminar. The map, closely guided by a faculty director, gives upper-level students opportunity to culminate a sequence of academic work by completing an advanced project in research or creative arts.at all levels of The curriculum, Grinnell College students receive an education rooted in active experience. For example, students in science classes engage in discovery-based learning, even at The introductory level. Each area of The fine arts offers opportunities for creative practice alongside The study of history, theory, and formal analysis.outside The classroom, The center for careers, life, and service has coordinated more than 500 college-funded summer internships for students over The past five years. About a third of students participate in intercollegiate athletics through membership on varsity teams.student-regulated residence life, another important feature of a Grinnell education, teaches students The pragmatic social skills of self-governance as they live together in community.the College offers a calendar packed with cultural events and activities, including concerts, lectures, theatre, films, and opportunities for volunteer and civic involvement. Grinnell has never had fraternities or sororities; social events are open to all members of The college.grinnell's emphasis on active learning extends to participation in The global community. With international students making up nearly 20 percent of The student body and domestic students representing every state, Grinnell offers a geographically and culturally diverse environment for living and learning. A flourishing institute for global engagement coordinates and highlights The many courses and programs at Grinnell College with a global perspective. Even without a language requirement, nearly all students elect to study a foreign language. More than half of Grinnell students (a number matched by very few other colleges) spend a semester in off-campus study. Nearly all of these students decide to live and study outside of The united states.intensive teaching, active learning, residence in a community of cultural and global diversity, and self-governance in both social and academic life--these elements come together at Grinnell College to form a distinctive experience of liberal education.
Student services includes registration, counseling, admission and financial aid, health services, intercollegiate athletics, lectures, convocations and other student programs.
Academic and institutional support includes library, faculty development, computer services, public relations, printing services, mail services, and other expenditures to support The activities of The College.
Other program services include auxiliary enterprises such as housing and food service.

Grants made by The Trustees of Grinnell College

GranteeGrant descriptionAmount
Grinnell Regional Medical Center (GRMC)General Support$30,100
Greater Poweshiek Community FoundationGeneral Support$20,124
Chamber of Commerce of GrinnellGeneral Support$9,235
...and 6 more grants made

Who funds The Trustees of Grinnell College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationEducational$506,000
Schwab Charitable FundEducation$285,754
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$217,280
...and 56 more grants received totalling $2,646,250

Personnel at The Trustees of Grinnell College

NameTitleCompensation
Jainen ThayerChief Investment Officer$1,089,742
David R RobinsonChief Information Officer$210,130
Cheryl WalshBoard Member
Germaine GrossVice President for Finance and Treasurer
Keith ArcherVice President Finance and Treasurer$190,940
...and 21 more key personnel

Financials for The Trustees of Grinnell College

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,723,721
Program services$125,562,938
Investment income and dividends$15,747,048
Tax-exempt bond proceeds$323,506
Royalty revenue$3,475,355
Net rental income$-79,641
Net gain from sale of non-inventory assets$202,675,493
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18,005
Total revenues$364,446,425

Form 990s for The Trustees of Grinnell College

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-12990View PDF
2021-062022-05-11990View PDF
2020-062021-05-18990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like The Trustees of Grinnell College

OrganizationLocationRevenue
Northwestern Media (UNWSP)Saint Paul, MN$124,259,575
Middlebury CollegeMiddlebury, VT$456,039,665
Williams CollegeWilliamstown, MA$424,095,865
Medical College of Wisconsin (MCW)Milwaukee, WI$1,485,866,745
Oberlin CollegeOberlin, OH$343,982,974
Abilene Christian University (ACU)Abilene, TX$314,810,886
New York Medical College (NYMC)Valhalla, NY$117,885,144
Berea CollegeBerea, KY$157,457,303
Indiana Wesleyan University (IWU)Marion, IN$197,828,333
Colgate UniversityHamilton, NY$350,003,915
Data update history
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $56,597 from American Online Giving Foundation
January 3, 2024
Received grants
Identified 17 new grant, including a grant for $160,000 from Henry Luce Foundation
October 25, 2023
Received grants
Identified 6 new grant, including a grant for $506,000 from American Endowment Foundation
August 20, 2023
Received grants
Identified 61 new grant, including a grant for $236,464 from Roland and Ruby Holden Foundation
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
733 Broad St
Grinnell, IA 50112
Metro area
Des Moines-West Des Moines, IA
County
Poweshiek County, IA
Website URL
grinnell.edu/ 
Phone
(641) 269-4000
Facebook page
grinnellcollege 
Twitter profile
@grinnellcollege 
IRS details
EIN
42-0680387
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1846
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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