UNIVERSITY OF ST THOMAS Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF ST THOMAS

EIN 41-0693970 · Education (B430)

What they do

INSPIRED BY CATHOLIC INTELLECTUAL TRADITION, THE UNIVERSITY of ST. THOMAS EDUCATES STUDENTS to BE MORALLY RESPONSIBLE LEADERS WHO THINK CRITICALLY, ACT WISELY, and WORK SKILLFULLY to ADVANCE THE COMMON GOOD. FOUNDED IN 1885, THE UNIVERSITY of ST. THOMAS is A CATHOLIC UNIVERSITY BASED IN THE TWIN CITIES of ST. PAUL and MINNEAPOLIS. THE LARGEST PRIVATE UNIVERSITY IN MINNESOTA, ST. THOMAS OFFERS BACHELORS DEGREES IN OVER 100 MAJOR FIELDS of STUDY and MORE THAN 60 GRADUATE DEGREE PROGRAMS INCLUDING MASTERS, EDUCATION SPECIALIST, JURIS DOCTOR, and DOCTORATES. THE UNIVERSITY of ST. THOMAS is KNOWN NATIONALLY for ACADEMIC EXCELLENCE THAT PREPARES STUDENTS for THE COMPLEXITIES of THE CONTEMPORARY WORLD. THROUGH DISCIPLINARY and INTERDISCIPLINARY INQUIRY and DEEP INTERCULTURAL UNDERSTANDING, WE INSPIRE STUDENTS to LEAD, WORK, and SERVE WITH THE SKILL and EMPATHY VITAL to CREATING A BETTER WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.10 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 leaders51 people are listed in the latest report.

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

Money made simple

82.87%of revenue went to mission work91.1% of expenses · Program services

2.01%of revenue went to fundraising2.2% of expenses

$90.95spent for every $100 of revenueRevenue covered expenses this year.

6.06%of revenue went to management and office costs6.7% of expenses

$3.73in assets for every $1 spent this yearSome assets cannot be spent right away.

20.1%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 $821,274 for ROBERT VISCHER (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$602,630,236

Mission workProgram services$499,426,44782.87% of revenue91.1% of expenses

ManagementOffice and general costs$36,509,5306.06% of revenue6.7% of expenses

FundraisingAsking for donations$12,132,3232.01% of revenue2.2% of expenses

Revenue left after expensesReported annual surplus$54,561,9369.05% of revenueShown in gray on the chart

Total expenses$548,068,30090.95% 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: 91.1% mission · 6.7% management · 2.2% fundraisingTotal expenses: 90.95% of revenue

2023Expense mix: 90.7% mission · 6.8% management · 2.5% fundraisingTotal expenses: 97.75% of revenue

2022Expense mix: 90.8% mission · 6.7% management · 2.5% fundraisingTotal expenses: 87.34% of revenue

2021Expense mix: 89.2% mission · 8.5% management · 2.3% fundraisingTotal expenses: 89.36% of revenue

2020Expense mix: 90.7% mission · 7.1% management · 2.1% fundraisingTotal expenses: 88.94% of revenue

2019Expense mix: 90.1% mission · 7.5% management · 2.4% fundraisingTotal expenses: 90.98% of revenue

2018Expense mix: 89.1% mission · 8.4% management · 2.5% fundraisingTotal expenses: 92.77% of revenue

2017Expense mix: 89.3% mission · 8.4% management · 2.2% fundraisingTotal expenses: 93.42% of revenue

Money in and money out

Revenue$602,630,236

Expenses$548,068,300

Annual surplus $54,561,936 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)$499,426,447 · 91.1% of expenses

Management and office costs$36,509,530 · 6.7% of expenses

Fundraising$12,132,323 · 2.2% of expenses

See all reported dollar amounts

Revenue$602,630,236

Expenses$548,068,300

Assets$2,045,501,747

Income$928,199,530

Contributions$121,237,417

Mission work (program services)$499,426,447

Fundraising$12,132,323

Grants given$1,258,018

Average grant$43,380

Management and general$36,509,530

Stocks and bonds$729,606,524

Accounting fees$319,191

Investing fees$1,971,958

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

ROBERT VISCHERPRESIDENT · 40 hrs/week $821,274Base $730,449 · Other $90,825

SONALI DALALVICE PRESIDENT AND CHIEF INVESTMENT OFFICER · 40 hrs/week $734,504Base $687,667 · Other $46,837

EDDY ROJASEVP & PROVOST · 40 hrs/week $559,007Base $499,988 · Other $59,019

PHILLIP ESTENVICE PRESIDENT AND DIRECTOR OF ATHLETICS · 40 hrs/week $513,318Base $445,869 · Other $67,449

ERIK THURMANVP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY · 40 hrs/week $500,730Base $433,840 · Other $66,890

MAYKAO HANGDEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEG · 40 hrs/week $472,922Base $440,355 · Other $32,567

GLENN CARUSOFOOTBALL COACH · 40 hrs/week $448,542Base $380,973 · Other $67,569

MICHAEL PAULSENLAW PROFESSOR · 40 hrs/week $436,780Base $377,386 · Other $59,394

JAMES BRUMMERVICE PRESIDENT FOR FACILITIES MANAGEMENT · 40 hrs/week $431,602Base $376,261 · Other $55,341

LAURA DUNHAMDEAN OPUS COLLEGE OF BUSINESS · 40 hrs/week $421,891Base $356,330 · Other $65,561

MARK VANGSGARDCFO · 40 hrs/week $385,914Base $328,370 · Other $57,544

ABIGAIL CROUSEGENERAL COUNSEL AND SECRETARY · 40 hrs/week $298,717Base $272,484 · Other $26,233

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 (51)

ROBERT VISCHERPRESIDENT

SONALI DALALVICE PRESIDENT AND CHIEF INVESTMENT OFFICER

EDDY ROJASEVP & PROVOST

PHILLIP ESTENVICE PRESIDENT AND DIRECTOR OF ATHLETICS

ERIK THURMANVP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY

MAYKAO HANGDEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEG

GLENN CARUSOFOOTBALL COACH

MICHAEL PAULSENLAW PROFESSOR

JAMES BRUMMERVICE PRESIDENT FOR FACILITIES MANAGEMENT

LAURA DUNHAMDEAN OPUS COLLEGE OF BUSINESS

MARK VANGSGARDCFO

ABIGAIL CROUSEGENERAL COUNSEL AND SECRETARY

KATHLEEN ARNOLDVICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER

FATHER DENNIS DEASEPRESIDENT EMERITUS/TRUSTEE

REVEREND JOHN MALONETRUSTEE

ARCHIE BLACKTRUSTEE

MICHAEL CIRESITRUSTEE

MICHAEL DOUGHERTYTRUSTEE

ANNE SEMPOWSKI WARDTRUSTEE

PATRICK RYANTRUSTEE

PAUL KARONTRUSTEE

PHIL SORANBOARD VICE CHAIR

ANN WINBLADTRUSTEE

REVEREND EDWARD MALLOYTRUSTEE

MARK ZESBAUGHTRUSTEE

ROB KELLYTRUSTEE

ANDREW DUFFTRUSTEE

RORY ONEILLTRUSTEE

ANDREW CECERETRUSTEE

STEPHEN NACHTSHEIMTRUSTEE

TIMOTHY FLYNNTRUSTEE

WILHELMINA WRIGHTTRUSTEE

WILLIAM LENTSCHTRUSTEE

JOHN ALLENTRUSTEE

DOCTOR JOHN MORRISONTRUSTEE

DEBBRA SCHONEMANTRUSTEE

DAVID JURANTRUSTEE

GEOFFREY GAGETRUSTEE

DAVID JOHNTRUSTEE

CAROL FREY WOLFETRUSTEE

JAMES GEARENTRUSTEE

JAMES KOLARBOARD VICE CHAIR

JODEE KOZLAKBOARD CHAIR

MARY HADDADTRUSTEE

KATHARINE ANDERSON GROETHETRUSTEE

KATHLENE CAMPBELLTRUSTEE

BRIAN WENGERTRUSTEE

LISA ANDERSONTRUSTEE

MARK DIENHARTTRUSTEE

ASHLEY BAILEY-CHANGTRUSTEE

DOCTOR AMY GOLDMANTRUSTEE

About this charity

Recognized since: January 1942
Location: 2115 SUMMIT AVENUE, ST PAUL, MN 55105-1078
County: Ramsey
In care of: % PAYROLL
Primary officer: Mark Vangsgard, CFO

How to reach them

WebsiteVisit the charity’s website Phone(651) 962-5000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B430)
Grant-giving organization: Yes