Swarthmore College

Swarthmore College Overview

Swarthmore College is located in Swarthmore, PA. The organization was established in 1950. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2020, Swarthmore College employed 2,863 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Swarthmore College generated $328.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $233.3m during the year ending 06/2020. While expenses have increased by 4.4% per year over the past 5 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE ATTACHMENT 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

SWARTHMORE IS A CO-EDUCATIONAL COLLEGE OF LIBERAL ARTS AND ENGINEERING DEDICATED TO INTELLECTUAL EXPLORATION, ACCESS, AND EDUCATING FOR THE COMMON GOOD. THE AVERAGE ENROLLMENT FOR FISCAL YEAR 2019-20 WAS 1,667. THERE WERE 73 STUDENTS STUDYING ABROAD. OF THE TOTAL STUDENT POPULATION, 1,443 COME FROM ACROSS THE UNITED STATES WHILE 224 COME FROM OTHER NATIONS. SWARTHMORE'S COMMITMENT TO FINANCIAL AID AND ACCESS IS AT THE CORE OF OUR EDUCATIONAL MISSION. THE COLLEGE STRIVES TO MAKE IT POSSIBLE FOR ALL ADMITTED STUDENTS TO ATTEND SWARTHMORE, REGARDLESS OF THEIR ABILITY TO PAY, AND MEETS 100 PERCENT OF DETERMINED NEED FOR ALL ADMITTED STUDENTS. NEARLY 56 PERCENT OF THE STUDENTS RECEIVED NEED-BASED SWARTHMORE SCHOLARSHIP AID FROM AN OVERALL FINANCIAL AID BUDGET OF $47 MILLION. SWARTHMORE'S AID AWARDS CONSIST OF GRANTS (WHICH DO NOT NEED TO BE REPAID) AND THE EXPECTATION THAT STUDENTS WILL WORK IN A PART-TIME CAMPUS-BASED JOB. THE COLLEGE'S FINANCIAL AID AWARDS ARE LOAN-FREE. SWARTHMORE'S 425-ACRE ARBORETUM CAMPUS INCLUDES THE CRUM WOODS, A NATURALLY WOODED AREA COMPRISING NEARLY THREE-FIFTHS OF THE COLLEGE'S LAND. IN 2015, THE COLLEGE LAUNCHED ITS ENVIRONMENTAL SUSTAINABILITY FRAMEWORK, A SET OF GUIDELINES FOR CAPITAL PROJECTS AND FACILITIES OPERATIONS THAT INCLUDES SUSTAINABLE BUILDING GUIDELINES AND A PROJECT CHECKLIST. THE FOLLOWING YEAR, THE COLLEGE INSTITUTED A CARBON CHARGE THAT PROVIDES FUNDING FOR CAMPUS INITIATIVES AND PROJECTS THAT INCREASE ENERGY CONSERVATION AND EFFICIENCY AND PROMOTE RENEWABLE ENERGY. SWARTHMORE WAS HONORED TO RECEIVE A 2017 SUSTAINABLE CAMPUS EXCELLENCE AWARD IN THE INNOVATIVE COLLABORATION CATEGORY FROM THE INTERNATIONAL SUSTAINABLE CAMPUS NETWORK FOR OUR CARBON CHARGE PROGRAM. SWARTHMORE COLLEGE IS COMMITTED TO THE PRINCIPLE OF EQUAL OPPORTUNITY FOR ALL QUALIFIED PERSONS, WITHOUT DISCRIMINATION AGAINST ANY PERSON BY REASON OF SEX, RACE, COLOR, AGE, RELIGION, NATIONAL ORIGIN, HANDICAP, OR SEXUAL ORIENTATION. THIS POLICY IS CONSISTENT WITH RELEVANT GOVERNMENTAL STATUES AND REGULATIONS, INCLUDING THOSE PURSUANT TO TITLE IX OF THE FEDERAL EDUCATION AMENDMENTS OF 1972 AND SECTION 504 OF THE FEDERAL REHABILITATION ACT OF 1973.


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Swarthmore College Board, Officers & Key Employees

Swarthmore College Vendors

Vendor Name (Service)Compensation
Skanska Usa Building Inc
Building Services
$47,597,268
Target Building Construction Inc
Building Services
$5,110,797
Marino Corporation
Building Services
$1,755,507
Dlr Group Inc
Architectual Srvcs
$1,442,424
Hamilton Lane Advisors Llc
Investment Advisors
$1,337,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,627,000
All other contributions, gifts, grants, and similar amounts not included above$30,985,000
Noncash contributions included in lines 1a–1f $2,928,739
Total Revenue from Contributions, Gifts, Grants & Similar$33,612,000
Total Program Service Revenue$110,872,000
Investment income $100,958,905
Tax Exempt Bond Proceeds $831,441
Royalties $58,124
Net Rental Income $665,734
Net Gain/Loss on Asset Sales $70,128,490
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $328,644,061

Swarthmore College Grants Recieved

Over the last fiscal year, we have identified 38 grants that Swarthmore College has recieved totaling $226,626.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$73,860
Pincus Family Foundation

Wilmington, DE

PURPOSE: GENERAL OPERATING FUND AND THE SUMMER LEARNING PROGRAM

$40,000
Richard And Bette Saltzman Foundation

New York, NY

PURPOSE: UNRESTRICTED DONATION

$20,000
Hispanic Scholarship Fund

Gardena, CA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$14,000
Jewish Communal Fund

New York, NY

PURPOSE: General support

$12,580
Tiaa Charitable Inc

Charlotte, NC

PURPOSE: Annual Suuport

$8,464
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,131,553,000
Earnings$81,291,000
Admin Expense$6,456,000
Net Contributions$8,468,000
Other Expense$89,643,000
Grants$21,543,000
Ending Balance$2,103,670,000

Swarthmore College Peer Organizations

Organization NameAssets
Ithaca College
Ithaca, NY
$365,679,639
Touro College
New York, NY
$321,976,604
Saint Josephs University
Philadelphia, PA
$347,052,680
Colgate University Treasurers Office
Hamilton, NY
$307,542,955
Oberlin College
Oberlin, OH
$305,531,376
Barnard College
New York, NY
$238,966,653
Swarthmore College
Swarthmore, PA
$328,644,061
Lafayette College
Easton, PA
$228,460,340
Skidmore College
Saratoga Springs, NY
$241,450,091
St Lawrence University
Canton, NY
$200,981,255
Gettysburg College
Gettysburg, PA
$196,773,554
Denison University
Granville, OH
$248,509,652

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