CLAREMONT MCKENNA COLLEGE Charity Report

Public IRS 990 nonprofit record

CLAREMONT MCKENNA COLLEGE

EIN 95-1664101

What they do

Claremont McKenna Colleges Mission is to Prepare Students for Thoughtful and Productive Lives and Responsible Leadership In Business, Government, and The Professions. The College Pursues This Mission By Providing A Liberal Arts Education That Emphasizes Economics and Political Science; Promotes Faculty and Student Scholarship That Contributes to Intellectual Vitality and An Understanding of Public Policy Issues; Supports A Professoriate That is Dedicated to Effective Undergraduate Teaching; Reinforces A Close Student-teacher Relationship That Fosters Critical Inquiry; Sustains An Active Residential and Intellectual Environment; Sponsors Scholarly Support for A Faculty of Teacher-scholars; and Champions Freedom of Expression, Viewpoint Diversity, and Constructive Dialogue, As Well As Institutional Neutrality, Through The Open Academy.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.40 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 leaders59 people are listed in the latest report.

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

Money made simple

63.99%of revenue went to mission work79.4% of expenses · Program services

1.97%of revenue went to fundraising2.4% of expenses

$80.55spent for every $100 of revenueRevenue covered expenses this year.

14.58%of revenue went to management and office costs18.1% of expenses

$12.20in assets for every $1 spent this yearSome assets cannot be spent right away.

15.6%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 $1,393,195 for JAMES FLOYD (VP AND CHIEF INVESTMENT OFFICER). 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$275,743,084

Mission workProgram services$176,448,64663.99% of revenue79.4% of expenses

ManagementOffice and general costs$40,215,95314.58% of revenue18.1% of expenses

FundraisingAsking for donations$5,434,6041.97% of revenue2.4% of expenses

Revenue left after expensesReported annual surplus$53,643,88119.45% of revenueShown in gray on the chart

Total expenses$222,099,20380.55% 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: 79.4% mission · 18.1% management · 2.4% fundraisingTotal expenses: 80.55% of revenue

2023Expense mix: 80.3% mission · 16.9% management · 2.8% fundraisingTotal expenses: 93.71% of revenue

2022Expense mix: 80.0% mission · 17.2% management · 2.8% fundraisingTotal expenses: 94.19% of revenue

2021Expense mix: 79.2% mission · 18.6% management · 2.1% fundraisingTotal expenses: 42.44% of revenue

2020Expense mix: 80.0% mission · 17.3% management · 2.7% fundraisingTotal expenses: 92.33% of revenue

2019Expense mix: 82.9% mission · 14.6% management · 2.6% fundraisingTotal expenses: 50.68% of revenue

2018Expense mix: 81.7% mission · 15.2% management · 3.1% fundraisingTotal expenses: 83.27% of revenue

2017Expense mix: 82.9% mission · 13.8% management · 3.2% fundraisingTotal expenses: 100.43% of revenue

Money in and money out

Revenue$275,743,084

Expenses$222,099,203

Annual surplus $53,643,881 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)$176,448,646 · 79.4% of expenses

Management and office costs$40,215,953 · 18.1% of expenses

Fundraising$5,434,604 · 2.4% of expenses

See all reported dollar amounts

Revenue$275,743,084

Expenses$222,099,203

Assets$2,708,910,623

Income$384,367,785

Contributions$43,105,672

Mission work (program services)$176,448,646

Fundraising$5,434,604

Management and general$40,215,953

Stocks and bonds$172,626,178

Accounting fees$323,918

Investing fees$4,883,523

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

JAMES FLOYDVP AND CHIEF INVESTMENT OFFICER · 1 hrs/week $1,393,195Base $1,266,825 · Other $126,370

HIRAM CHODOSHPRESIDENT · 40 hrs/week $904,143Base $687,590 · Other $216,553

MICHAEL DENNYAVP FOR INVESTMENTS · 1 hrs/week $761,480Base $693,700 · Other $67,780

RAN LIBESKIND-HADASFACULTY · 40 hrs/week $548,310Base $464,499 · Other $83,811

NISHANT DASSFACULTY · 40 hrs/week $541,697Base $459,003 · Other $82,694

ERIC HUGHSONFACULTY · 40 hrs/week $480,450Base $418,501 · Other $61,949

SHARON BASSOEXECUTIVE VP AND COO · 40 hrs/week $474,074Base $375,403 · Other $98,671

MATTHEW BIBBENS VP OF CAMPUSPLANNING & CAP. PROJ., SP. COUNSEL · 40 hrs/week $438,815Base $345,839 · Other $92,976

ERIC HELLANDFACULTY · 40 hrs/week $422,341Base $372,796 · Other $49,545

DIANA GRAVESVP FOR STUDENT AFFAIRS · 40 hrs/week $416,810Base $328,636 · Other $88,174

MICHELLE CHAMBERLAIN VP ADVDEAN OF R.D. SCH. PRG. (THRU 4/1/25) · 40 hrs/week $415,866Base $356,090 · Other $59,776

HEATHER ANTECOL VP FOR ACADAFFAIRS & DEAN OF FACULTY, PROF. · 40 hrs/week $411,281Base $344,130 · Other $67,151

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 (59)

JAMES FLOYDVP AND CHIEF INVESTMENT OFFICER

HIRAM CHODOSHPRESIDENT

MICHAEL DENNYAVP FOR INVESTMENTS

RAN LIBESKIND-HADASFACULTY

NISHANT DASSFACULTY

ERIC HUGHSONFACULTY

SHARON BASSOEXECUTIVE VP AND COO

MATTHEW BIBBENS VP OF CAMPUSPLANNING & CAP. PROJ., SP. COUNSEL

ERIC HELLANDFACULTY

DIANA GRAVESVP FOR STUDENT AFFAIRS

MICHELLE CHAMBERLAIN VP ADVDEAN OF R.D. SCH. PRG. (THRU 4/1/25)

HEATHER ANTECOL VP FOR ACADAFFAIRS & DEAN OF FACULTY, PROF.

MARCIE GARDNERGENERAL COUNSEL

NYREE GRAY VP FOR HR ANDCHIEF CIVIL RIGHTS OFFICER

ERIN WATKINSVP OF BUSINESS, CFO (THRU 12/31/24)

PETER UVINFORMER VP ACADEMIC AFFAIRS

KIMBERLY SHIRING SECRETARY OFTHE COLLEGE AND DIRECTOR OF PUBLIC ART

MIA ALONZOCONTROLLER

KENNETH J VALACHCHAIR OF THE BOARD

MARCI LERNER MILLERTRUSTEE

LINDA KROLLVP OF BUSINESS, CFO (AS OF 1/25)

LAURA M GRISOLANOTRUSTEE

JAMES B MCELWEETRUSTEE

MICHAEL LARSONTRUSTEE

PAUL NATHANTRUSTEE

REY RAMSEYTRUSTEE

RICHARD J ROMEROTRUSTEE

SHAW B WAGENERTRUSTEE

STELLA HOTRUSTEE

STEVEN L EGGERTTRUSTEE

SUSAN MATTESON KINGTRUSTEE

TAO LITRUSTEE

TINA DANIELSTRUSTEE

TODD BARKERTRUSTEE

DUANE KURISUTRUSTEE

A STEVEN CROWNTRUSTEE

AKSHATA N MURTYTRUSTEE

ANTOINE GRANTTRUSTEE

BETSEY BERNS KORNTRUSTEE

BRUCE A SOLLVICE CHAIR OF BOARD OF TRUSTEES

CARY DAVIDSONTRUSTEE

DAHLIA JABROTRUSTEE (AS OF 07/24)

DARRELL G SMITHTRUSTEE

DAVID DREIERTRUSTEE

DAVID G MGRUBLIANVICE CHAIR OF BOARD OF TRUSTEES

DONNA WENGERT NEFFTRUSTEE

DOUGLAS L PETERSONTRUSTEE

JOHN SHREWSBERRYTRUSTEE

E DAVID HETZVICE CHAIR OF BOARD OF TRUSTEES

ELYSSA ELBAZTRUSTEE

ERIC FUJIMOTOTRUSTEE

G JEFFREY RECORDS JRTRUSTEE

GEORGE R ROBERTSTRUSTEE

GOV STEPHEN C BULLOCKTRUSTEE

HARRY T MCMAHONVICE CHAIR OF BOARD OF TRUSTEES

HENRY R KRAVISTRUSTEE

JAMES B BEMOWSKITRUSTEE

JEFFREY S KLEINTRUSTEE

JENNIFER LEWTRUSTEE

About this charity

Recognized since: January 1948
Location: 888 COLUMBIA AVE, CLAREMONT, CA 91711-3901
County: Los Angeles
In care of: % SANDRA ALEJANDRO
Primary officer: Mia Alonzo, Assistant VP/Controller

How to reach them

WebsiteVisit the charity’s website Phone(909) 621-8043

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY LP