Trustees of the Hamline University of Minnesota
89% goes to programs $13 to raise $100 Strong reserves
Trustees of the Hamline University of Minnesota is a 501(c)(3) organization based in Saint Paul, Minnesota, registered in 1936, with $123,348,922 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
1536 Hewitt Ave, Saint Paul, MN, 55104 EIN 41-0693960 Since 1936
Revenue (FY2024)
$123.3M
▲ 10.3% vs prior year
Education median: $200K
Expenses (FY2024)
$119.4M
Net assets
$215.8M
Employees
1,451
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Trustees of the Hamline University of Minnesota: 89% to programs · $13 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Trustees of the Hamline University of Minnesota: 22 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Trustees of the Hamline University of Minnesota: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Trustees of the Hamline University of Minnesota: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
At hamline, our mission is to create a diverse and collaborative community of learners dedicated to the development of students' knowledge, values, and skills for successful lives of leadership, scholarship, and service.
What they do
Hamline university provides educational services to its students and includes such operating expenses as admissions, financial aid, administration, registrar activities, and activities that contribute to students' emotional and physical well-being and to their intellectual, cultural, and social development outside the context of the formal instructional program.
Hamline university provides academic support to its students through support services that are an integral part of the university's primary mission of instruction. this includes expenses for libraries, galleries, audio/visual services, academic development, academic computing support, course and curriculum development, and academic administration. the revenue includes contracts.
Hamline university also provides auxiliary services to students in relation to their operations. these services may charge a fee to students that is related to, although not necessarily equal to, the cost of providing the service. examples are residence halls, dining services, student health services, and the campus bookstore.
Contact & location
- Address
- 1536 Hewitt Ave, Saint Paul, MN, 55104
- City
- Saint Paul
- State
- Minnesota
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue held steady from $123.3M (FY2013) to $123.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $48.5MNet assets $215.8M
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$264.3M
Total liabilities
$48.5M
Net assets
$215.8M
Salaries & benefits
$36.5M
31% of expenses
Board members
30
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $123,348,922▲10.3% | $119,357,117▲4.8% | $215,751,075▲7.0% | $264,255,057▲3.8% | 990 |
| 2023 | $111,784,871▼1.6% | $113,880,271▲0.5% | $201,664,720▲6.7% | $254,559,352▲3.0% | 990 |
| 2022 | $113,620,836▼6.6% | $113,310,299▼1.0% | $189,003,326▲5.5% | $247,164,650▲4.3% | 990 |
| 2021 | $121,598,753▲2.7% | $114,463,094▲4.1% | $179,215,494▼9.3% | $236,938,668▼8.2% | 990 |
| 2020 | $118,390,066▼4.1% | $109,964,672▼8.5% | $197,531,078▲19.4% | $258,196,075▲15.7% | 990 |
| 2019 | $123,468,200▼4.1% | $120,221,627▲2.0% | $165,496,842▲4.7% | $223,229,133▲1.1% | 990 |
| 2018 | $128,785,865▲11.2% | $117,880,887▲2.4% | $158,090,433▲8.1% | $220,865,590▲4.4% | 990 |
| 2017 | $115,823,382 | $115,082,754▲1.0% | $146,207,565▲0.8% | $211,654,700▲2.9% | 990 |
| 2016 | $115,776,207▼1.5% | $113,908,541▼7.2% | $145,050,791▲7.4% | $205,615,045▲2.5% | 990 |
| 2015 | $117,567,413▼5.4% | $122,701,029▼4.2% | $135,109,869▼11.1% | $200,508,954▼10.8% | 990 |
| 2014 | $124,333,595▲0.8% | $128,043,868▲3.6% | $151,944,894▼3.2% | $224,727,310▼3.8% | 990 |
| 2013 | $123,319,941 | $123,558,544▲1.9% | $156,994,190▲6.1% | $233,530,811▲0.4% | 990 |
| 2012 | — | $121,219,945▲1.3% | $147,902,593▲5.6% | $232,538,706▲1.4% | 990 |
| 2011 | — | $119,639,657▲5.1% | $140,123,262▲0.9% | $229,392,382▲0.2% | 990 |
| 2010 | — | $113,792,554▲0.4% | $138,894,315▲10.2% | $228,834,125▲24.4% | 990 |
| 2009 | — | $113,390,569 | $126,065,798 | $183,949,045 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kathleen Murray — $465,352 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathleen Murray | President | 40 | $465,352 |
| Fayneese Miller | Past President | 40 | $417,861 |
| Catherine Wassberg | Vice President & General Counsel | 40 | $290,048 |
| Andy Rundquist | Interim Provost | 40 | $186,601 |
| L Devriese | Director of Global Engagement | 40 | $173,790 |
| Jilliam Peterson | Executive Director - Vpprc | 40 | $171,164 |
| Marcela Kostihova | Dean of College of Liberal Arts | 40 | $167,734 |
| Heidi Fisher | Vp of Development | 40 | $164,792 |
| Stanley Sandiford | Associate General Council | 40 | $157,961 |
| Susan Kerry | Vp For Finance & Admin / Cfo | 40 | $153,944 |
| Patti Klein-kersten | Vp & Dean of Students | 40 | $149,294 |
| Irina Makarevitch | Associate Provost | 40 | $128,451 |
| Andrea Mowery '93 | Vice Chair | 2 | — |
| Brooke Worden '93 | Trustee | 2 | — |
| Bryce Doty '88 | Trustee | 2 | — |
| Chad Bester '02 | Trustee | 2 | — |
| Cindy Gregorson '81 | Trustee | 2 | — |
| Daniel Loritz '69 | Trustee | 2 | — |
| Denise Holloman | Trustee | 2 | — |
| Don Weida '72 | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Marsden LLC | Janitorial Services | $2,095,380 |
| Eab | Research | $1,553,440 |
| Aramark Corporation | Food Service | $1,489,675 |
| Sodexo Inc & Affiliates | Food Service | $1,010,415 |
| Marco Inc | Copy/print Services | $526,358 |
Grants received · $7.3M total
103 grants to Trustees of the Hamline University of Minnesota totaling $7.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, education | 2024 | $281,250 |
| Independent Charitable Gift Fund | General support | 2024 | $100,000 |
| American Endowment Foundation | Educational | 2024 | $67,500 |
| Donald Danforth Plant Science Center | Research | 2024 | $42,461 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $30,000 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $30,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $18,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $16,000 |
| American Online Giving Foundation Inc | General support | 2024 | $14,364 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,088 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $746,000 |
| Independent Charitable Gift Fund | General support | 2023 | $735,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $215,405 |
| American Endowment Foundation | Educational | 2023 | $57,500 |
| Minneapolis Foundation | Donor-advised, education | 2023 | $32,750 |
Grants made · $20K in FY2024
1 grant totaling $20K in FY2024. All grants made by Trustees of the Hamline University of Minnesota →
| Recipient | Purpose | Amount |
|---|---|---|
| Hamline Midway Coalition | General support | $20,000 |
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Frequently asked questions
- Is Trustees of the Hamline University of Minnesota a legitimate nonprofit?
- Yes. Trustees of the Hamline University of Minnesota is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-0693960, based in Saint Paul, Minnesota. Donations are tax-deductible.
- What is Trustees of the Hamline University of Minnesota's EIN?
- Trustees of the Hamline University of Minnesota's Employer Identification Number (EIN) is 41-0693960.
- How much revenue does Trustees of the Hamline University of Minnesota report?
- Trustees of the Hamline University of Minnesota reported $123,348,922 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Trustees of the Hamline University of Minnesota's spending goes to programs?
- Trustees of the Hamline University of Minnesota spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trustees of the Hamline University of Minnesota have?
- CharityIndex grades Trustees of the Hamline University of Minnesota A, based on program efficiency and fundraising cost.
- How much does Trustees of the Hamline University of Minnesota's highest-paid employee make?
- The highest reported compensation on Trustees of the Hamline University of Minnesota's latest Form 990 is $465,352, paid to Kathleen Murray (President).
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Data for Trustees of the Hamline University of Minnesota (EIN 41-0693960) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.