Trustees of the Smith College
81% goes to programs $12 to raise $100 Strong reserves Declining revenue
Trustees of the Smith College is a 501(c)(3) organization based in Northampton, Massachusetts, registered in 1934, with $390,094,960 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
10 Elm St College Hall Rm 204, Northampton, MA, 01063 EIN 04-1843040 Since 1934
Revenue (FY2023)
$390.1M
▼ 33.6% vs prior year
Education median: $200K
Expenses (FY2023)
$411.6M
Net assets
$3.1B
Employees
4,481
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 rating81% to programs · $12 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 Smith College: 81% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating90 mo reserves · -6% 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 Smith College: 90 mo reserves · -6% margin earns a B+ 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 Smith College: 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 Smith College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
*the school for social work* please see schedule o for detail
*graduate educational program* please see schedule o for detail
Contact & location
- Address
- 10 Elm St College Hall Rm 204, Northampton, MA, 01063
- City
- Northampton
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $283.5M (FY2013) to $390.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $641.3MNet assets $3.1B
Operating margin
-5.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3.7B
Total liabilities
$641.3M
Net assets
$3.1B
Salaries & benefits
$169.9M
41% of expenses
Board members
30
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $390,094,960▼33.6% | $411,554,361▲6.7% | $3,083,889,661▲3.4% | $3,725,228,026▲3.0% | 990 |
| 2022 | $587,487,822▼17.4% | $385,649,483▲4.4% | $2,983,255,903▲0.8% | $3,615,699,490▲2.1% | 990 |
| 2021 | $711,163,748▲47.7% | $369,492,658▲26.4% | $2,960,735,912▼3.0% | $3,540,762,539 | 990 |
| 2020 | $481,505,110▲22.0% | $292,369,130▼11.4% | $3,051,743,140▲31.3% | $3,541,477,640▲30.6% | 990 |
| 2019 | $394,570,320▲6.1% | $330,171,482▲1.0% | $2,323,745,918▼0.9% | $2,711,572,123▼0.1% | 990 |
| 2018 | $371,877,770▼8.3% | $326,787,282▲3.5% | $2,345,403,767▲2.6% | $2,713,474,433▲2.5% | 990 |
| 2017 | $405,729,447▲15.9% | $315,774,195▲2.0% | $2,285,518,124▲6.1% | $2,647,449,522▲5.1% | 990 |
| 2016 | $350,071,567▲3.1% | $309,464,118▲4.1% | $2,154,190,073▲7.8% | $2,519,903,793▲6.6% | 990 |
| 2015 | $339,440,389▼11.2% | $297,202,653▲1.1% | $1,998,902,268▼8.1% | $2,363,087,686▼3.8% | 990 |
| 2014 | $382,424,681▲34.9% | $293,926,099▲4.4% | $2,174,031,988▲3.9% | $2,455,868,302▲3.4% | 990 |
| 2013 | $283,469,679 | $281,415,156▲1.3% | $2,093,122,368▲10.4% | $2,374,680,859▲9.2% | 990 |
| 2012 | — | $277,828,045▲3.6% | $1,895,450,052▲8.8% | $2,174,842,010▲7.1% | 990 |
| 2011 | — | $268,154,045▲7.8% | $1,742,003,900▼2.1% | $2,030,565,833▼1.1% | 990 |
| 2010 | — | $248,834,152▼1.4% | $1,779,062,346▲14.1% | $2,052,990,811▲12.0% | 990 |
| 2009 | — | $252,259,573 | $1,559,502,379 | $1,833,835,952 | 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 (FY2023)
Highest-paid: Kathleen Mccartney — $1,861,336 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathleen Mccartney | President | 40 | $1,861,336 |
| Lisa Marie Howie | Chief Investment Officer | 40 | $1,481,595 |
| Caroline Thomas | Director of Investments | 40 | $588,484 |
| Corey Walker | Director of Investments | 40 | $552,203 |
| Beth B Raffeld | Vp For Development | 40 | $496,186 |
| David C Deswert | Evp Finance and Administration | 40 | $413,580 |
| Michael T Thurston | Provost & Dean of the Faculty | 40 | $311,308 |
| Sarah Willie-lebreton | President | 40 | $308,719 |
| Brian J Dwyer | Director Operations Investment | 40 | $306,807 |
| James Gray | Avp Facilities & Operations | 40 | $299,791 |
| Julia Yager | Vp of College Relations & Comm | 40 | $296,024 |
| Marianne Rm Yoshioka | Dean of Ssw | 40 | $292,743 |
| Samantha S Earp | Vp For It | 40 | $289,400 |
| Joanna May | Vp Enrollment | 40 | $282,284 |
| Alexandra L M Keller | Interim Dean/vp Campus Life | 40 | $232,655 |
| Jillian Mcgrath | Controller | 40 | $201,597 |
| Elena J Palladino | Secretary | 40 | $138,895 |
| Alicia Hammarskjold | Trustee | 5 | — |
| Alison Overseth | Trustee, Chair | 5 | — |
| Andrea Auerbach | Trustee | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bond Building Construction Inc | Construction Mgmt | $26,232,144 |
| Keiter Corporation | Construction Mgmt | $24,118,808 |
| Allegrone Construction Co Inc | Construction Mgmt | $5,692,793 |
| Salas O'brien North LLC | Consulting | $3,617,052 |
| Collins Electric | Electrical Design | $1,917,349 |
Grants received · $68.3M total
419 grants to Trustees of the Smith College totaling $68.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Need based scholarship for summer science and engineering | 2024 | $348,810 |
| American Online Giving Foundation Inc | General support | 2024 | $177,594 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $159,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $138,479 |
| National Academy of Sciences | Research grants | 2024 | $114,112 |
| Community Foundation For Southeast Michigan | Education | 2024 | $75,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $70,000 |
| Columbus Foundation | Education | 2024 | $70,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $58,500 |
| Denver Foundation | Higher education | 2024 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $47,500 |
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $30,900 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $17,700 |
| American Endowment Foundation | Educational | 2024 | $15,375 |
| Community Foundation For Greater New Haven | For the benefit of the alumnae fund of smith college, northampton, ma, to be credited to the class of 1925 | 2024 | $13,422 |
Grants made · $373K in FY2023
4 grants totaling $373K in FY2023. All grants made by Trustees of the Smith College →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Northampton | General support | $239,666 |
| Mass General Brigham Incorporated | General support | $83,333 |
| Historic Northampton Inc | General support | $45,000 |
| Friends of Hampshire County Homeless Individuals Inc | General support | $5,077 |
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Frequently asked questions
- Is Trustees of the Smith College a legitimate nonprofit?
- Yes. Trustees of the Smith College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-1843040, based in Northampton, Massachusetts. Donations are tax-deductible.
- What is Trustees of the Smith College's EIN?
- Trustees of the Smith College's Employer Identification Number (EIN) is 04-1843040.
- How much revenue does Trustees of the Smith College report?
- Trustees of the Smith College reported $390,094,960 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trustees of the Smith College's spending goes to programs?
- Trustees of the Smith College spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trustees of the Smith College have?
- CharityIndex grades Trustees of the Smith College A, based on program efficiency and fundraising cost.
- How much does Trustees of the Smith College's highest-paid employee make?
- The highest reported compensation on Trustees of the Smith College's latest Form 990 is $1,861,336, paid to Kathleen Mccartney (President).
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Data for Trustees of the Smith College (EIN 04-1843040) 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.