EIN 01-0211497

President and Trustees of Colby College

IRS 501(c) type
501(c)(3)
Num. employees
2,776
City
Waterville
State
Year formed
1821
Most recent tax filings
2022-06-01
Description
President and Trustees of Colby College provide a unique educational experience and a broad acquaintance with human knowledge to enable each student to fulfill their own unique potential. They instruct 2,262 undergraduate students in the 2021/22 year, with 529 students graduating, and an estimated 230 students studying away. Their 87.45% completion rate within five years is accompanied by a 10:1 student/faculty ratio.
Also known as...
Colby College
Total revenues
$403,263,000
2022
Total expenses
$260,146,000
2022
Total assets
$2,249,032,000
2022
Num. employees
2,776
2022

Program areas at President and Trustees of Colby College

Post secondary education: Instruction of 2,262 undergraduate students in 2021/22. In the 2021/22 year, 529 students graduated, and an estimated 230 students studied away. 87.45% complete the degree within five years; the student/faculty ratio is 10:1. This includes expenditures for faculty, dormitories and dining, student and academic support services, campus maintenance services and other related costs.

Grants made by President and Trustees of Colby College

GranteeGrant descriptionAmount
Waterville CreatesGeneral Support$96,500
Central Maine Growth CouncilGeneral Support$41,871
Alfond Youth and Community CenterGeneral Support$5,500

Who funds President and Trustees of Colby College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harold Alfond FoundationAthletics Center$10,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,068,992
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,068,992
...and 203 more grants received totalling $48,632,046

Personnel at President and Trustees of Colby College

NameTitleCompensation
Nicole Labbe-TrufantVice President and Chief Financial Officer
Shufrin DeborahAssociate Vice President and Chief Investment Officer$450,000
Terp Douglas CVice President for Administration and Chief Financial Officer / Vice President Administration and Chief Financial Officer$462,014
Jackson Ruth JVice President and Chief of Staff / Vice President for Communications$224,025
Alli LambertChief Development Officer
...and 20 more key personnel

Financials for President and Trustees of Colby College

RevenuesFYE 06/2022
Total grants, contributions, etc.$89,039,000
Program services$173,142,000
Investment income and dividends$18,482,000
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$75,000
Net gain from sale of non-inventory assets$122,482,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$43,000
Total revenues$403,263,000

Form 990s for President and Trustees of Colby College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062020-09-24990View PDF
2018-062020-07-06990View PDF
...and 9 more Form 990s

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Florida Southern College (FSC)Lakeland, FL$164,767,465
Connecticut CollegeNew London, CT$177,566,000
Berea CollegeBerea, KY$243,070,272
New York Medical College (NYMC)Valhalla, NY$123,647,564
Abilene Christian University (ACU)Abilene, TX$330,113,805
University of Tampa (UT)Tampa, FL$408,224,642
Data update history
April 19, 2024
Updated personnel
Identified 1 new personnel
March 15, 2024
Updated personnel
Identified 2 new personnel
February 3, 2024
Received grants
Identified 47 new grant, including a grant for $10,000,000 from Harold Alfond Foundation
December 13, 2023
Updated personnel
Identified 1 new personnel
October 26, 2023
Received grants
Identified 26 new grant, including a grant for $750,000 from Fore Aces Family Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
LobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
4120 Mayflower Hill
Waterville, ME 04901
County
Kennebec County, ME
Website URL
colby.edu/ 
Phone
(207) 859-4769
Twitter profile
@colbycollege 
IRS details
EIN
01-0211497
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1821
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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