President And Trustees Of Bates College

Organization Overview

President And Trustees Of Bates College is located in Lewiston, ME. The organization was established in 1993. 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 And Trustees Of Bates College employed 2,125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. President And Trustees Of Bates 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, President And Trustees Of Bates College generated $194.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $162.3m during the year ending 06/2021. While expenses have increased by 2.8% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BATES COLLEGE IS A PRIVATE, HIGHLY SELECTIVE, RESIDENTIAL COLLEGE DEVOTED TO UNDERGRADUATE STUDY IN THE TRADITIONAL DISCIPLINES OF THE LIBERAL ARTS AND SCIENCES AS WELL AS IN EMERGING INTERDISCIPLINARY PROGRAMS.

Describe the Organization's Program Activity:

HIGHER EDUCATION: BATES COLLEGE, WIDELY REGARDED AS ONE OF THE FINEST LIBERAL ARTS COLLEGES IN THE NATION, IS DEDICATED TO THE PRINCIPLE OF ACTIVE ENGAGEMENT. A 10-1 STUDENT-FACULTY RATIO MAKES POSSIBLE CLOSE COLLABORATIONS IN CLASSROOM AND LABORATORY; THE BATES LEARNING EXPERIENCE IS HONED THROUGH SEMINARS, RESEARCH, SERVICE-LEARNING, AND THE CAPSTONE OF SENIOR THESIS. TYPICALLY, TWO-THIRDS OF BATES' APPROXIMATELY 1,876 STUDENTS ON CAMPUS STUDY ABROAD AT SOME POINT DURING THEIR ACADEMIC CAREERS AT BATES. CO-CURRICULAR LIFE IS RICH: MOST STUDENTS PARTICIPATE IN ONE OF APPROXIMATELY 120 STUDENT-RUN CLUBS AND ORGANIZATIONS. ALUMNI FREQUENTLY CITE THE CAPACITIES THEY DEVELOP AT BATES FOR CRITICAL ASSESSMENT, ANALYSIS, EXPRESSION, AESTHETIC SENSIBILITY AND INDEPENDENT THOUGHT. CLOSE TO 80 PERCENT OF STUDENTS PARTICIPATE IN CAREER INTERNSHIPS, AND MORE THAN TWO-THIRDS OF RECENT GRADUATES ENROLL IN GRADUATE STUDY WITHIN 10 YEARS AFTER GRADUATION. (APPROXIMATELY 1,876 STUDENTS ON-CAMPUS.)


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Consigli Construction
Construction
$24,454,349
Clinical Research Sequencing Platform Llc
Testing Services
$3,100,000
Hall Capital Partners Llc
Investment Management
$702,940
Payette Associates Inc
Architect
$462,649
Spp Capital Partners Llc
Financial Services
$320,199
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$16,410
Related organizations$0
Government grants $5,629,216
All other contributions, gifts, grants, and similar amounts not included above$15,475,957
Noncash contributions included in lines 1a–1f $7,033,417
Total Revenue from Contributions, Gifts, Grants & Similar$21,121,583
Total Program Service Revenue$132,467,672
Investment income $4,536,534
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$48,032
Net Gain/Loss on Asset Sales $35,865,469
Net Income from Fundraising Events $11,904
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $193,955,130

Grants Recieved

Over the last fiscal year, we have identified 56 grants that President And Trustees Of Bates College has recieved totaling $2,404,645.

Awarding OrganizationAmount
William & Flora Hewlett Foundation

Menlo Park, CA

PURPOSE: FOR LAUNCHING THE INSTITUTE FOR RACIALLY JUST, INCLUSIVE, AND OPEN STEM EDUCATION

$426,183
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$355,200
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$253,500
Columbus Foundation

Columbus, OH

PURPOSE: EDUCATION

$225,000
William & Flora Hewlett Foundation

Menlo Park, CA

PURPOSE: FOR LAUNCHING THE INSTITUTE FOR RACIALLY JUST, INCLUSIVE, AND OPEN STEM EDUCATION

$179,669
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Undergraduate Colleges, Arts

$152,807
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$341,587,046
Earnings$122,426,350
Net Contributions$17,873,140
Other Expense$6,944,845
Grants$8,925,403
Ending Balance$466,016,288

Peer Organizations

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