THE PRESIDENT AND TRUSTEES OF COLBY COLLEGE Charity Report

Public IRS 990 nonprofit record

THE PRESIDENT AND TRUSTEES OF COLBY COLLEGE

EIN 01-0211497 · Education (B420)

What they do

to Provide A Rigorous and Transformative Liberal Arts Education That Prepares Students to Become Thoughtful, Engaged Citizens.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders56 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.72%of revenue went to mission work80.3% of expenses · Program services

2.69%of revenue went to fundraising2.9% of expenses

$91.75spent for every $100 of revenueRevenue covered expenses this year.

15.34%of revenue went to management and office costs16.7% of expenses

$7.82in assets for every $1 spent this yearSome assets cannot be spent right away.

16.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,203,132 for DAVID A GREENE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$354,489,000

Mission workProgram services$261,330,97273.72% of revenue80.3% of expenses

ManagementOffice and general costs$54,379,63415.34% of revenue16.7% of expenses

FundraisingAsking for donations$9,533,3942.69% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$29,245,0008.25% of revenueShown in gray on the chart

Total expenses$325,244,00091.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.3% mission · 16.7% management · 2.9% fundraisingTotal expenses: 91.75% of revenue

2023Expense mix: 80.1% mission · 16.3% management · 3.6% fundraisingTotal expenses: 78.83% of revenue

2022Expense mix: 78.5% mission · 18.0% management · 3.5% fundraisingTotal expenses: 99.00% of revenue

2021Expense mix: 77.8% mission · 18.8% management · 3.4% fundraisingTotal expenses: 64.51% of revenue

2020Expense mix: 81.8% mission · 15.2% management · 2.9% fundraisingTotal expenses: 79.43% of revenue

2019Expense mix: 81.9% mission · 14.8% management · 3.3% fundraisingTotal expenses: 72.61% of revenue

2018Expense mix: 80.8% mission · 15.0% management · 4.2% fundraisingTotal expenses: 73.99% of revenue

2017Expense mix: 79.4% mission · 16.1% management · 4.5% fundraisingTotal expenses: 50.03% of revenue

Money in and money out

Revenue$354,489,000

Expenses$325,244,000

Annual surplus $29,245,000 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$261,330,972 · 80.3% of expenses

Management and office costs$54,379,634 · 16.7% of expenses

Fundraising$9,533,394 · 2.9% of expenses

See all reported dollar amounts

Revenue$354,489,000

Expenses$325,244,000

Assets$2,544,594,000

Income$668,100,000

Contributions$59,020,000

Mission work (program services)$261,330,972

Fundraising$9,533,394

Grants given$2,435,067

Average grant$26,759

Management and general$54,379,634

Stocks and bonds$114,214,000

Accounting fees$558,098

Investing fees$14,251,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID A GREENEPRESIDENT · 65 hrs/week $3,203,132Base $2,809,415 · Other $393,717

DEBORAH SHUFRINASSOCIATE VP AND CHIEF INVESTMENT OFFICER · 50 hrs/week $921,135Base $859,992 · Other $61,143

MATTHEW PROTOSENIOR VP AND CHIEF INSTITUTIONAL ADVANCEMENT OFFI · 50 hrs/week $534,034Base $467,431 · Other $66,603

NICOLE TRUFANTVICE PRESIDENT FOR ADMINISTRATION AND CHIEF FINANC · 50 hrs/week $525,183Base $502,640 · Other $22,543

RICHARD UCHIDAVP, GEN COUNSEL, SECRETARY OF BOARD · 50 hrs/week $471,042Base $405,369 · Other $65,673

THOMAS MARTINMANAGING DIRECTOR OF INVESTMENTS · 50 hrs/week $447,210

MARGARET MCFADDENPROVOST AND DEAN OF FACULTY · 50 hrs/week $439,598Base $374,483 · Other $65,115

JULIE WOODVICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER · 50 hrs/week $415,221Base $372,075 · Other $43,146

GUSTAVO BURKETTDEAN OF COLLEGE · 50 hrs/week $353,822Base $320,969 · Other $32,853

RUTH JACKSONVICE PRESIDENT AND CHIEF OF STAFF · 50 hrs/week $335,746Base $276,575 · Other $59,171

JACQUELINE TERRASSADIRECTOR, MUSEUM OF ART · 50 hrs/week $310,268Base $271,183 · Other $39,085

RANDI MALONEYVICE PRESIDENT AND DEAN OF ADMISSIONS AND FINANCIA · 50 hrs/week $283,874Base $226,019 · Other $57,855

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (56)

DAVID A GREENEPRESIDENT

DEBORAH SHUFRINASSOCIATE VP AND CHIEF INVESTMENT OFFICER

MATTHEW PROTOSENIOR VP AND CHIEF INSTITUTIONAL ADVANCEMENT OFFI

NICOLE TRUFANTVICE PRESIDENT FOR ADMINISTRATION AND CHIEF FINANC

RICHARD UCHIDAVP, GEN COUNSEL, SECRETARY OF BOARD

THOMAS MARTINMANAGING DIRECTOR OF INVESTMENTS

MARGARET MCFADDENPROVOST AND DEAN OF FACULTY

JULIE WOODVICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER

GUSTAVO BURKETTDEAN OF COLLEGE

RUTH JACKSONVICE PRESIDENT AND CHIEF OF STAFF

JACQUELINE TERRASSADIRECTOR, MUSEUM OF ART

RANDI MALONEYVICE PRESIDENT AND DEAN OF ADMISSIONS AND FINANCIA

ANDREW LOFTUSASSOCIATE VICE PRESIDENT AND CHIEF INFORMATION OFF

ALISON BEYEAEXECUTIVE DIRECTOR OF THE GOLDFARB CENTER FOR PUBL

ALEXANDER GENTILLIDIRECTOR OF INVESTMENT OPERATIONS

MICHAEL WISECUPFORMER VICE PRESIDENT AND DIRECTOR OF ATHLETICS (U

BRIAN CLARKFORMER VICE PRESIDENT OF PLANNING (UNTIL 6/30/24)

DOUGLAS TERPFORMER VICE PRESIDENT FOR ADMINISTRATION AND CFO

TIONNA HAYNESTRUSTEE UNTIL MAY 2025

LAURA WARDTRUSTEE

LINDSAY LANIERTRUSTEE

MARIEKE H ROTHSCHILDTRUSTEE

MICHAEL KOESTERVICE CHAIR OF THE BOARD

MIGUEL LEFFTRUSTEE

ALEXANDER BUCKTRUSTEE

REAGAN CAREYTRUSTEE

TIMOTHY ODONNELLTRUSTEE

THERESA BROCKELMANTRUSTEE

SARAH E EUSTISTRUSTEE

SUNIL THAKORTRUSTEE

SUSAN BOLANDVICE CHAIR OF THE BOARD

SUSAN BRAMTRUSTEE

TANYA WILLIAMSTRUSTEE UNTIL MAY 2025

ERIC DECOSTATRUSTEE

AMY WALTERTRUSTEE

ARMAN GOKGOL-KLINETRUSTEE

ARMANDO BENGOCHEATRUSTEE UNTIL MAY 2025

BRENDA ALLENTRUSTEE

CARL SMITHTRUSTEE

CATHERINE TINSLEYTRUSTEE

CHRISTIAN BRUNETTRUSTEE

DAILEY COYTRUSTEE

DAVID LEAVYTRUSTEE

DEAN ATHANASIATRUSTEE

DEANNA PEREZTRUSTEE

JOSHUA WOODFORKTRUSTEE

JACKLYN DINNEENTRUSTEE

JANE POWERSCHAIR OF THE BOARD

JASON WERLINTRUSTEE

JEFFREY N PACKMANTRUSTEE

JENNIFER MILLARDTRUSTEE

JEREMY SPRINGHORNTRUSTEE

JOEROSE THARAKANTRUSTEE

JOHN LYONSTRUSTEE

JOHN ONEILTRUSTEE

JONATHAN BARRYTRUSTEE

About this charity

Recognized since: January 1944
Location: 4130 MAYFLOWER HL, WATERVILLE, ME 04901-8841
County: Kennebec
In care of: % ALICIA GARDINER CONTROLLER
Primary officer: Nicole Labbe-Trufant, VP & CFO

How to reach them

WebsiteVisit the charity’s website Phone(207) 859-4774 Officer phone(208) 859-4774

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Education (B420)
Grant-giving organization: Yes