President & Trustees Of Colby College

Organization Overview

President & Trustees Of Colby College is located in Waterville, ME. The organization was established in 1944. 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, President & Trustees Of Colby College employed 2,610 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. President & Trustees Of Colby 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 06/2020, President & Trustees Of Colby College generated $292.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $212.3m during the year ending 06/2020. While expenses have increased by 3.1% 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, President & Trustees Of Colby College has awarded 65 individual grants totaling $1,394,764. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

POST SECONDARY EDUCATION: INSTRUCTION OF 2,155 UNDERGRADUATE STUDENTS IN 2020/21. 523 WERE GRADUATED IN THE 2020/21 YEAR. THIS INCLUDES EXPENDITURES FOR FACULTY, DORMITORIES AND DINING, STUDENT AND ACADEMIC SUPPORT SERVICES, CAMPUS MAINTENANCE SERVICES AND OTHER RELATED COSTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Landry French Construction Co
Construction
$17,321,278
William Rawn Assoc Architects Inc
Architecture
$2,520,260
Clinical Research Sequencing Platfo
Laboratory
$5,279,079
Consigli Construction Co Inc
Construction
$41,051,830
Bon Appetit Management Co
Food Services
$7,909,132
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$74,975,000
Investment income $13,099,000
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $74,000
Net Gain/Loss on Asset Sales $57,633,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $292,366,000

Grants Awarded

Over the last fiscal year, President & Trustees Of Colby College has awarded $179,748 in support to 8 organizations.

Grant RecipientAmount

CENTRAL MAINE GROWTH COUNCIL

Org PageRecipient Profile

Waterville, ME

PURPOSE: General support

$65,309

WATERVILLE CREATES

Org PageRecipient Profile

Waterville, ME

PURPOSE: General support

$47,000

CITY OF WATERVILLE

PURPOSE: General support

$20,000

THE MAINE CENTER FOR PUBLIC INTEREST REPORTING

Org PageRecipient Profile

Hallowell, ME

PURPOSE: General support

$10,000

KENNEBEC VALLEY COUNCIL OF GOVERNMENTS

Org PageRecipient Profile

Fairfield, ME

PURPOSE: General support

$10,000

THE EQUAL JUSTICE INITIATIVE

Org PageRecipient Profile

Montgomery, AL

PURPOSE: General support

$9,606
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that President & Trustees Of Colby College has recieved totaling $7,350.

Awarding OrganizationAmount
Jjk Foundation

Herndon, VA

PURPOSE: 1813 SOCIETY

$6,000
The Fullgraf Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,000
The Andover Companies Charitable Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$250
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$878,323,000
Earnings$408,898,000
Admin Expense$8,163,000
Net Contributions$25,511,000
Other Expense$31,024,000
Grants$15,807,000
Ending Balance$1,257,738,000

Peer Organizations

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