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EIN 01-0211497

President and Trustees of Colby College

IRS 501(c) type
501(c)(3)
Num. employees
2,915
City
Waterville
State
Maine
Year formed
1821
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
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
$287,466,000
2023
Total expenses
$284,605,000
2023
Total assets
$2,244,685,000
2023
Num. employees
2,915
2023

Program areas at President and Trustees of Colby College

Post secondary education: Instruction of 2,299 undergraduate students in 2022/23. In the 2022/23 year, 542 students graduated, and an estimated 334 students studied away. 89% completed the degree within five years; the student/faculty ratio is 10:1. This includes expenditures for faculty, residence halls 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
Central Maine Growth CouncilGeneral Support$82,333
Waterville CreatesGeneral Support$70,500
Congregation Beth IsraelGeneral Support$10,000
...and 2 more grants made

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$6,656,685
Shelby Cullom Davis Charitable FundDavis Institute for Artificial Intelligence$6,000,000
...and 193 more grants received totalling $39,868,170

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$761,250
Terp Douglas CVice President for Administration and Chief Financial Officer / Vice President Administration and Chief Financial Officer$335,980
Trufant NicoleVice President for Administration and Chief Financial Officer$228,300
Jackson Ruth JVice President and Chief of Staff / Vice President for Communications$247,500
...and 28 more key personnel

Financials for President and Trustees of Colby College

RevenuesFYE 06/2023
Total grants, contributions, etc.$37,619,000
Program services$186,429,000
Investment income and dividends$19,043,000
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$64,000
Net gain from sale of non-inventory assets$44,304,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,000
Total revenues$287,466,000

Form 990s for President and Trustees of Colby College

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-08990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062020-09-24990View PDF
...and 10 more Form 990s

Organizations like President and Trustees of Colby College

OrganizationLocationRevenue
Northwestern Media (UNWSP)Saint Paul, MN$124,259,575
Williams CollegeWilliamstown, MA$424,095,865
Middlebury CollegeMiddlebury, VT$456,039,665
Berea CollegeBerea, KY$157,457,303
Abilene Christian University (ACU)Abilene, TX$314,810,886
New York Medical College (NYMC)Valhalla, NY$117,885,144
Colgate UniversityHamilton, NY$350,003,915
Le Moyne CollegeSyracuse, NY$148,595,597
Marywood UniversityScranton, PA$116,155,084
Charles R. Drew University of Medicine and Science (CDU)Los Angeles, CA$100,617,359
Data update history
August 10, 2024
Received grants
Identified 49 new grant, including a grant for $2,742,858 from Lunder Foundation
July 31, 2024
Updated personnel
Identified 13 new personnel
July 17, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 13, 2024
Updated personnel
Identified 8 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
LobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
4120 Mayflower Hill
Waterville, ME 04901
County
Kennebec County, ME
Website URL
colby.edu/ 
Phone
(207) 859-4774
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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