Pomona College

Organization Overview

Pomona College is located in Claremont, CA. The organization was established in 1954. 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, Pomona College employed 2,847 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, Pomona College generated $268.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $246.0m during the year ending 06/2020. While expenses have increased by 3.3% 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

POMONA COLLEGE IS A LIBERAL ARTS INSTITUTION DEDICATED TO THE PURSUIT OF KNOWLEDGE AND UNDERSTANDING THROUGH THE STUDY OF THE SCIENCES & HUMANITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION AND RESEARCH: RANKED 5TH IN NATIONAL LIBERAL ARTS COLLEGES ACCORDING TO U.S. NEWS AND WORLD REPORT FOR 2020, POMONA COLLEGE OFFERS AN ACADEMIC PROGRAM THAT ENCOMPASSES THE MAJOR FIELDS OF THE ARTS, HUMANITIES, NATURAL SCIENCES AND SOCIAL SCIENCES. LEARNING IS ENCOURAGED THROUGH THEORY-BUILDING AND EMPIRICAL RESEARCH, HISTORICAL AND LINGUISTIC ANALYSIS, INQUIRY AND ETHICAL DEBATE. POMONA'S LIBERAL ARTS CURRICULUM, SMALL CLASSES, RESIDENTIAL CAMPUS AND SOPHISTICATED LABORATORIES AND STUDIOS PREPARE STUDENTS FOR LIVES OF PERSONAL FULFILLMENT AND SOCIAL RESPONSIBILITY IN A GLOBAL CONTEXT. (CONTINUED ON SCHEDULE O)


AUXILIARY ENTERPRISES: A MAJORITY OF POMONA COLLEGE STUDENTS RESIDE IN CAMPUS HOUSING THROUGHOUT THEIR COLLEGE CAREER, A TESTAMENT TO THE QUALITY OF LIFE ON CAMPUS. THE SCALE AND ARRANGEMENT OF POMONA'S 14 RESIDENCE HALLS ENCOURAGE STUDENTS TO GET TO KNOW EACH OTHER. RANGING IN SIZE FROM 60 TO 250 STUDENTS, WITH AN AVERAGE OF ABOUT 120 EACH, THESE COEDUCATIONAL RESIDENCES ARE LARGE ENOUGH TO BRING TOGETHER STUDENTS WITH A VARIETY OF INTERESTS AND EXPERIENCES, BUT SMALL ENOUGH TO ALLOW RESIDENTS TO WORK IN COHESIVE GROUPS. (CONTINUED SCHEDULE O)


STUDENT SERVICES: POMONA COLLEGE OFFERS STUDENTS A WIDE VARIETY OF PROGRAMS TO EXTEND THEIR EDUCATION BEYOND THE CLASSROOM, INCLUDING CLUBS, SPORTS, THE STUDENT LIFE NEWSPAPER AND STUDENT GOVERNMENT. OTHER RESOURCES OFFERED TO STUDENTS INCLUDE THE OFFICE OF BLACK STUDENT AFFAIRS, THE ASIAN AMERICAN RESOURCE CENTER, THE CHICANO/LATINO STUDENT AFFAIRS CENTER, THE WOMEN'S UNION AND THE QUEER RESOURCE CENTER.(CONTINUED SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Gabi Starr
President
$646,696
Karen Sisson
VP Treasurer
$384,631
Seth Allen
VP Strategy/dean Adm & Fin Aid
$356,985
Avis Hinkson
VP & Dean Students
$324,109
Gary Smith
Professor
$281,575
David Wallace
Asst Treasurer/cio
$263,272

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tortoise Capital Advisors Llc
Investment Advisory
$465,285
Cambridge Associateds Llc
Investment Advisory
$1,474,504
Solomon Cordwell Buenz
Architect
$1,400,002
Hirschfeld Kramer Llc
Legal
$1,289,008
Kpmg Llc
Audit & Tax Services
$439,682
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$6,221
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,916,026
All other contributions, gifts, grants, and similar amounts not included above$19,967,236
Noncash contributions included in lines 1a–1f $4,645,822
Total Revenue from Contributions, Gifts, Grants & Similar$21,889,483
Total Program Service Revenue$114,883,707
Investment income $28,664,400
Tax Exempt Bond Proceeds $0
Royalties $69,797
Net Rental Income $667,163
Net Gain/Loss on Asset Sales $101,580,483
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $268,454,382

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Pomona College has recieved totaling $564,837.

Awarding OrganizationAmount
Paul K Richter Memorial Fund

Providence, RI

PURPOSE: UNRESTRICTED GENERAL

$210,000
Society For Conservation Biology

Washington, DC

PURPOSE: TO SUPPORT APPLIED CONSERVATION BIOLOGY

$92,859
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$54,939
$49,550
Joseph Drown Foundation

Beverly Hills, CA

PURPOSE: ACADEMY FOR YOUTH SUCCESS

$30,000
Harris Family Foundation

Bozeman, MT

PURPOSE: CONTRIBUTION TO GENERAL FUND

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,321,097,295
Earnings$21,844,701
Admin Expense$8,009,725
Net Contributions$11,385,079
Other Expense$42,036,355
Grants$49,733,633
Ending Balance$2,254,547,362

Peer Organizations

Organization NameAssets
California Baptist University
Riverside, CA
$388,271,468
Pomona College
Claremont, CA
$268,454,382
Lewis And Clark College
Portland, OR
$193,317,851
Occidental College
Los Angeles, CA
$193,661,397
Claremont Mckenna College
Claremont, CA
$321,560,955
Art Center College Of Design
Pasadena, CA
$136,246,273
Reed Institute
Portland, OR
$130,106,013
California College Of The Arts
San Francisco, CA
$118,675,549
Linfield University
Mcminnville, OR
$107,455,893
Westmont College
Santa Barbara, CA
$99,172,732
Scripps College
Claremont, CA
$98,616,217
Harvey Mudd College
Claremont, CA
$92,164,752

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