EIN 38-1374230

Hillsdale College

IRS 501(c) type
501(c)(3)
Num. employees
2,090
City
Hillsdale
Year formed
1844
Most recent tax filings
2022-06-01
Description
Hillsdale College is an independent, coeducational, residential, liberal arts college with a student body of about 1,400. Its four-year curriculum leads to the bachelor of arts or bachelor of science degree.
Total revenues
$366,213,645
2022
Total expenses
$214,265,709
2022
Total assets
$1,719,356,126
2022
Num. employees
2,090
2022

Program areas at Hillsdale College

Student instruction Hillsdale College maintains its defense of the classical liberal arts curriculum, convinced that it is the best preparation for meeting the challenges of modern life and that it offers to all people of all backgrounds not only an important body of knowledge, but also timeless truths about the human condition. The liberal arts are dedicated to stimulating students' intellectual curiosity, to encouraging the critical, well-disciplined mind, and to fostering personal growth through academic challenge. As such, the College maintains a rigorous core curriculum of 50 academic credits, including required courses in western and american history, the great books, the u.s. constitution, logic and rhetoric, philosophy, theology, mathematics, the arts and sciences, and more. In addition to the core curriculum, students choose from 30 majors and seven interdisciplinary majors. Seven minors-only programs and nine pre-professional programs are also offered. The four-year undergraduate course of study culminates in a bachelor of arts or bachelor of science degree. Hillsdale College is consistently ranked high on lists of the best liberal arts colleges in the nation by such publications as u.s. news & world report, the princeton review, forbes, and kiplinger's personal finance. In addition to its undergraduate program of instruction, the College operates the van andel graduate school of statesmanship on campus, offering master's and doctoral degrees in politics; the steve & amy van andel graduate school of government in Washington, d.c., offering a master of arts degree in government; and the diana davis spence graduate school of classical education offering a masters of arts degree in classical education. The College is committed to the excellence of its students in both intellect and character. This commitment is reflected in the student honor code, which reads, "a Hillsdale College student is honorable in conduct, honest in word and deed, dutiful in study and service, and respectful of the rights of others. Through education the student rises to self-government." Hillsdale boasts a student-faculty ratio of 9 to 1. It has 157 full-time faculty, 90 percent of whom hold the highest degree in their disciplines.
Student services Hillsdale's student services include the admissions office, career services, academic services, student affairs, and health and wellness services. The admissions office receives an increasing number and higher caliber of applications each year, leading to a selective acceptance rate of 23 percent for the most recent academic year. The office emphasizes a holistic approach to application reviews and conducts personal interviews with most applicants. The career services office helps students develop their strengths and introduces them to opportunities through mentoring, network-building, job fairs, and other programs. The College has a 97 percent five-year graduate placement average. A survey of the graduating class showed that 65 percent were employed, 27 percent in continuing education and graduate programs, and 2.5 percent in military and volunteer service. Hillsdale's student affairs department oversees a number of student interest groups, academic honoraries, volunteer organizations, and the College's four fraternities and three sororities. Hillsdale students contribute an average of 13,000 hours of volunteer service to the community each year. Health and wellness services provides medical and mental health services to students, faculty, and staff.
Student scholarships and grants Hillsdale College has been committed to independence since its founding in 1844. When a 1984 u.s. supreme court ruling threatened Hillsdale with the entire range of federal regulations because some of its students received federal financial aid, the College resolved that not a single Hillsdale student would accept even one cent of federal grants, loans, or scholarships. Instead, Hillsdale established the privately funded student independence scholarship and loan fund in place of taxpayer-funded aid for deserving students who seek the kind of classical liberal arts education offered at Hillsdale. Since the student independence scholarship and loan fund was established in 1985, Hillsdale has replaced federal and state grants and loans with over $140 million in private awards. The annual cost of replacing government aid was over $6.3 million in the 2021-2022 academic year; this total assisted 486 students. In addition, the College awarded approximately $25 million in private scholarships that year on the basis of financial need, academic merit, campus leadership, athletic and music participation, and other qualifications. Approximately 97 percent of Hillsdale students qualify for and receive some form of institutional aid.
These additional program service expenses include, but are not limited to, auxiliary services (bookstore, residential, dining) and plan and maintenance of campus grounds and buildings.

Grants made by Hillsdale College

GranteeGrant descriptionAmount
Stevens Institute of Technology (SIT)Templeton Grant$233,103
Csu Fullerton Auxiliary Services Corporation (CSUFASC)Templeton Grant$134,202
Yale UniversityTempleton Grant$132,772
...and 4 more grants made

Who funds Hillsdale College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$4,760,057
Schwab Charitable FundEducation$3,318,259
The Eleanor and J Hunter Flack FoundationEducational Contribution$3,000,000
...and 953 more grants received totalling $48,258,853

Personnel at Hillsdale College

NameTitleCompensation
Doub BanburyVice President for Admissions and Business Development$238,017
John CerviniVice President for Inst Advancement$485,079
Robert NortonVice President and General Counsel$268,594
Christopher van OrmanProvost$275,634
Matt SchlientzDirector of Parennt Relations and President Club$221,979
...and 6 more key personnel

Financials for Hillsdale College

RevenuesFYE 06/2022
Total grants, contributions, etc.$271,985,519
Program services$63,352,203
Investment income and dividends$7,550,804
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$22,031,868
Net income from fundraising events$0
Net income from gaming activities$99,747
Net income from sales of inventory$-2,904,487
Miscellaneous revenues$4,097,991
Total revenues$366,213,645

Form 990s for Hillsdale College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-07-19990View PDF
2020-062021-05-25990View PDF
2019-062020-11-02990View PDF
2018-062019-08-09990View PDF
...and 8 more Form 990s

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Anderson University (AU)Anderson, SC$130,183,026
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Charleston Southern UniversityCharleston, SC$118,040,499
Data update history
February 3, 2024
Received grants
Identified 256 new grant, including a grant for $3,000,000 from Steve and Amy Van Andel Foundation
October 26, 2023
Received grants
Identified 83 new grant, including a grant for $555,000 from Jim and Ginger Jurries Foundation
August 19, 2023
Received grants
Identified 641 new grant, including a grant for $99,417,894 from University Development Foundation
July 14, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousOperates donor advised fundsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
33 E College St
Hillsdale, MI 49242
County
Hillsdale County, MI
Website URL
hillsdale.edu/ 
Phone
(517) 437-7341
Facebook page
hillsdalecollegemichigan 
Twitter profile
@hillsdale 
IRS details
EIN
38-1374230
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1844
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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