HOBART AND WILLIAM SMITH COLLEGES Charity Report

Public IRS 990 nonprofit record

HOBART AND WILLIAM SMITH COLLEGES

EIN 16-0743040 · Education (B420)

What they do

HOBART and WILLIAM SMITH PREPARES STUDENTS to LEAD LIVES of CONSEQUENCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.40 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 leaders42 people are listed in the latest report.

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

Money made simple

62.26%of revenue went to mission work87.4% of expenses · Program services

1.66%of revenue went to fundraising2.3% of expenses

$71.21spent for every $100 of revenueRevenue covered expenses this year.

7.29%of revenue went to management and office costs10.2% of expenses

$2.56in assets for every $1 spent this yearSome assets cannot be spent right away.

37.1%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 $847,296 for MARK GEARAN (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$282,262,187

Mission workProgram services$175,743,96662.26% of revenue87.4% of expenses

ManagementOffice and general costs$20,568,1097.29% of revenue10.2% of expenses

FundraisingAsking for donations$4,694,6121.66% of revenue2.3% of expenses

Revenue left after expensesReported annual surplus$81,255,50028.79% of revenueShown in gray on the chart

Total expenses$201,006,68771.21% 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: 87.4% mission · 10.2% management · 2.3% fundraisingTotal expenses: 71.21% of revenue

2023Expense mix: 85.9% mission · 11.6% management · 2.5% fundraisingTotal expenses: 95.32% of revenue

2022Expense mix: 87.8% mission · 9.7% management · 2.5% fundraisingTotal expenses: 114.09% of revenue

2021Expense mix: 89.4% mission · 8.3% management · 2.3% fundraisingTotal expenses: 90.26% of revenue

2020Expense mix: 87.7% mission · 10.2% management · 2.1% fundraisingTotal expenses: 92.40% of revenue

2019Expense mix: 87.2% mission · 10.4% management · 2.5% fundraisingTotal expenses: 100.09% of revenue

2018Expense mix: 87.2% mission · 10.1% management · 2.6% fundraisingTotal expenses: 105.71% of revenue

2017Expense mix: 83.9% mission · 13.4% management · 2.6% fundraisingTotal expenses: 95.06% of revenue

Money in and money out

Revenue$282,262,187

Expenses$201,006,687

Annual surplus $81,255,500 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)$175,743,966 · 87.4% of expenses

Management and office costs$20,568,109 · 10.2% of expenses

Fundraising$4,694,612 · 2.3% of expenses

See all reported dollar amounts

Revenue$282,262,187

Expenses$201,006,687

Assets$514,461,027

Income$325,441,486

Contributions$104,617,244

Mission work (program services)$175,743,966

Fundraising$4,694,612

Grants given$1,773,793

Average grant$93,358

Management and general$20,568,109

Stocks and bonds$129,351,090

Accounting fees$194,420

Investing fees$574,102

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

MARK GEARANPRESIDENT · 50 hrs/week $847,296Base $712,130 · Other $135,166

SARAH KIRKPROVOST AND DEAN OF FACULT · 50 hrs/week $384,394Base $274,569 · Other $109,825

ROBERT OCONNORVP AND SENIOR PHILANTHROPI · 50 hrs/week $339,765Base $283,470 · Other $56,295

MARK EDWARDSVP FINANCE & ADMINISTRATIO · 50 hrs/week $310,471Base $256,405 · Other $54,066

ALFRED DAMIANOVP STRATEGIC INITIATIVES A · 50 hrs/week $282,146Base $230,150 · Other $51,996

CATHERINE WILLIAMSVP EXTERNAL RELATIONS · 50 hrs/week $276,000Base $244,828 · Other $31,172

MIKE QUINNVP ADMISSIONS & FINANCIAL AID · 50 hrs/week $262,462Base $235,064 · Other $27,398

LOUIS GUARDGEN COUNSEL & ASST SEC · 50 hrs/week $252,291Base $217,676 · Other $34,615

ANJALEE WANDURAGALASTUDENT TRUSTEE · 2 hrs/week $84,512Base $5,961 · Other $78,551

ALEX KARPAWICHSTUDENT TRUSTEE · 2 hrs/week $25,000Base · Other $25,000

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 (42)

MARK GEARANPRESIDENT

SARAH KIRKPROVOST AND DEAN OF FACULT

ROBERT OCONNORVP AND SENIOR PHILANTHROPI

MARK EDWARDSVP FINANCE & ADMINISTRATIO

ALFRED DAMIANOVP STRATEGIC INITIATIVES A

CATHERINE WILLIAMSVP EXTERNAL RELATIONS

MIKE QUINNVP ADMISSIONS & FINANCIAL AID

LOUIS GUARDGEN COUNSEL & ASST SEC

ANJALEE WANDURAGALASTUDENT TRUSTEE

ALEX KARPAWICHSTUDENT TRUSTEE

LINDA D ARRINGTONTRUSTEE

WILLIAM T WHITAKER JRTRUSTEE

LUDWIG P GAINES ESQTRUSTEE

MEHRNAZ VAHID-AHDIEHTRUSTEE

PAUL WASMUNDTRUSTEE

REBECCA FOXTRUSTEE

RT REV KARA WAGNER SHERERTRUSTEE

SAMUEL A STERNTRUSTEE

STEPHEN WONGTRUSTEE

TERESA AMOTTTRUSTEE

WARREN K ZOLATRUSTEE

WILLIAM A MARGILOFFTRUSTEE

AILEEN DIVINEY GLEASONTRUSTEE

DR RICHARD L WASSERMANTRUSTEE

ALLISON MORROWTRUSTEE

ANDREW G MCMASTER JRTRUSTEE

ANDREW L GAINESTRUSTEE

CALVIN R CARVER JRTRUSTEE/TREASURER

CASSANDRA NAYLOR BROOKSTRUSTEE/VICE CHAIR

CRAIG R STINETRUSTEE/CHAIR

DR KIRRA GUARDTRUSTEE

DR MARGUERITTE S MURPHYTRUSTEE

DR PAULA MILTENBERGERTRUSTEE

KEVIN STEINTRUSTEE

EDWARD R COOPERTRUSTEE

ERIC J STEINTRUSTEE

JAMES B ROBINSONTRUSTEE/SECRETARY

JEREMY A COONEY ESQTRUSTEE

JOHN J HOGAN IIITRUSTEE

JOSEPH C STEINTRUSTEE

JOSEPHINE A GRAYSONTRUSTEE

KATHARINE STROUSE CANADATRUSTEE

About this charity

Recognized since: January 1946
Location: 300 PULTENEY ST, GENEVA, NY 14456-3304
County: Ontario
In care of: % CAROLEE E WHITE
Primary officer: CLAUDETTE STERN, INTERM VP FOR FINANCE AND ADMIN.

How to reach them

WebsiteVisit the charity’s website Phone(315) 781-3337

Filing and classification

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