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Bowdoin College

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010215213 ✦ Brunswick, ME ✦ Designated as a 501(c)(3)

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Overview

What is Bowdoin College?

Bowdoin College, a prestigious private liberal arts institution, is situated in the picturesque coastal town of Brunswick, Maine. With a rich history dating back to its founding in 1794, the college has grown to encompass a diverse student body of 1,839 individuals. Bowdoin College became coeducational in 1971, embracing both genders in its educational mission. This four-year undergraduate institution provides an engaging learning experience, focusing on the arts and sciences.


Official website here: www.bowdoin.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating

Bowdoin College has achieved a perfect score of 100%, reflecting its strong commitment to accountability and finance. This high rating is derived solely from its performance in the Accountability & Finance beacon, highlighting the organization’s financial health and transparency. The absence of material diversions of assets and a well-structured governance framework, including a majority independent board and comprehensive financial oversight, are particularly commendable.

The college's board comprises 97% independent members, indicating a robust governance structure that enhances accountability. Additionally, Bowdoin College has implemented various policies, including conflict of interest and whistleblower policies, which reinforce its commitment to ethical practices. The organization also maintains transparency by posting its tax forms and board meeting minutes on its website, further contributing to public trust.

On the financial side, the college maintains a favorable liabilities-to-assets ratio of 14.09% and allocates a significant portion of its budget, 83.05%, to program expenses. This demonstrates prudent financial management and a focused investment in its educational mission. Overall, Bowdoin College showcases exceptional standards in operational integrity and financial stewardship.


This AI summary has been generated from information found on Charity Navigator.

Is Bowdoin College legitimate?

Bowdoin College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowdoin College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $7,161,000
Professional Fundraising Fees: $2,000
Other Salaries and Wages: $87,864,000

For more financial information, click here


Official website here: www.bowdoin.edu

What is the mission statement of Bowdoin College?

Bowdoin College is a prestigious private liberal arts institution, founded in 1794, with a student body of approximately 1,839. Situated in a coastal Maine town, this esteemed college has embraced coeducation since 1971. Its mission revolves around providing undergraduate students with a liberal arts education that encourages intellectual curiosity, critical thinking, and personal growth. By fostering a stimulating academic environment, Bowdoin aims to empower its students to become well-rounded individuals, prepared to contribute to society and make a positive impact in their chosen fields.


Official website here: www.bowdoin.edu

Who is the CEO of Bowdoin College?

Clayton Rose is the President of Bowdoin College.


Official website here: www.bowdoin.edu

What is the revenue of Bowdoin College?

Bowdoin College's revenue in 2022 was $411,778,000.


Official website here: www.bowdoin.edu

Who are the executives of Bowdoin College and what are their salaries?

The average compensation at Bowdoin College during 2022 was $36,090. There are 2633 employees and 2012 volunteers at Bowdoin College.


Here are 63 key members and their salaries:


Paula Volent (Svp/Chief Investment Officer)
  • Compensation: $2,652,443
  • Related: $0
  • Other: $10,549
K Niles Bryant (Svp/Chief Investment Officer)
  • Compensation: $1,550,187
  • Related: $0
  • Other: $74,411
Scott Meiklejohn (Svp For Dvt & Alumni Relations)
  • Compensation: $377,473
  • Related: $0
  • Other: $363,950
Clayton Rose (President)
  • Compensation: $503,393
  • Related: $0
  • Other: $122,111
Page Machlin (Director Of Investments)
  • Compensation: $477,221
  • Related: $0
  • Other: $44,805
Matthew Orlando (Svp Finance & Admin/Treasurer)
  • Compensation: $405,450
  • Related: $0
  • Other: $66,777
Jennifer Scanlon (Svp/Dean For Academic Affairs)
  • Compensation: $378,721
  • Related: $0
  • Other: $85,054
Michael Cato (Svp/Chief Information Officer)
  • Compensation: $317,824
  • Related: $0
  • Other: $70,754
Elizabeth Mccormack (Frmr Svp For Academic Affairs)
  • Compensation: $309,858
  • Related: $0
  • Other: $67,221
Michael Reed (Svp For Inclusion & Diversity)
  • Compensation: $327,196
  • Related: $0
  • Other: $44,815
Janet Lohmann (Svp/Dean For Student Affairs)
  • Compensation: $298,994
  • Related: $0
  • Other: $69,879
Michael Archibald (Vp For Dvt & Alumni Relatns)
  • Compensation: $287,933
  • Related: $0
  • Other: $65,543
Scott Hood (Svp For Comm & Public Affairs)
  • Compensation: $287,298
  • Related: $0
  • Other: $54,957
Tama Spoerri (Vp For Human Resources)
  • Compensation: $262,638
  • Related: $0
  • Other: $72,271
Elizabeth Orlic (Svp/Special Asst To The Pres)
  • Compensation: $265,326
  • Related: $0
  • Other: $58,993
Jeffrey Maher (Director Of Health Services)
  • Compensation: $263,352
  • Related: $0
  • Other: $50,244
Patsy Dickinson (Faculty)
  • Compensation: $263,013
  • Related: $0
  • Other: $49,665
Claudia Marroquin (Svp/Dean Admissions & St. Aid)
  • Compensation: $246,837
  • Related: $0
  • Other: $41,953
Stephanie Frost (Svp For Dvt & Alumni Relations)
  • Compensation: $265,427
  • Related: $0
  • Other: $10,428
Christina Finneran (Svp/Institutional Research)
  • Compensation: $167,758
  • Related: $0
  • Other: $48,159
E Whitney Soule (Svp/Dean Admissions & St. Aid)
  • Compensation: $176,893
  • Related: $0
  • Other: $37,360
Robert F White (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sydney Asbury (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Goldsmith Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Adu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tejus Ajmera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie R Benner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Bernard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur E Black (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald C Brady (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David G Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen L P Chan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell C Crandall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele G Cyr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff D Emerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bertrand Garcia-Moreno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley A Hearne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tasha Vanderlinde Irving (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyree P Jones Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hambelton Kenyon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George A Khaldun (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly E Maloney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph V Mcdevitt Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Mcquillan Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Morales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott B Perper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane L Pinchin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Hogan Preusse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Foster Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison E Rundlett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Benoit Samuelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip W Schiller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew E Serwer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana L Spagnuolo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Staley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Stewart Strawbridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John K L Thorndike (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen N Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula M Wardynski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David P Wheeler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell S Zuklie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bowdoin.edu

Where can I find the form 990 for Bowdoin College?

Bowdoin College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bowdoin.edu

Learn more at the official website: www.bowdoin.edu

Mission Statement of Bowdoin College

Bowdoin College, a prestigious private liberal arts institution, was established in 1794 and is home to 1,839 students. Situated in Brunswick, Maine, this esteemed college has been open to both male and female students since 1971. Bowdoin College's mission is to provide a top-tier liberal arts education, fostering intellectual growth and personal development in its students.

Founded over two centuries ago, Bowdoin College takes pride in its rich history and commitment to academic excellence. With a student body of just under 2,000, the college offers a nurturing and close-knit learning environment where students can thrive. Bowdoin College's curriculum is designed to encourage students to explore a wide range of subjects, fostering critical thinking and problem-solving skills. These valuable abilities enable graduates to make significant contributions to their communities and professions.

Bowdoin College's dedication to its students extends beyond the classroom. The college offers ample opportunities for students to engage in extracurricular activities, research projects, and internships. These experiences broaden their horizons, helping them to develop well-rounded skill sets and a strong sense of purpose. By fostering a love for learning and personal growth, Bowdoin College prepares its students to lead meaningful and impactful lives.

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Impact




August, 2024

Bowdoin College has a significant impact on the education sector by providing a rigorous and well-rounded liberal arts education to its students. It fosters critical thinking, creativity, and collaboration, preparing graduates to excel in various fields and make a positive contribution to society. The college's commitment to diversity, inclusion, and sustainability also influences its impact on the local community and beyond.

Additionally, Bowdoin College contributes to the economic development of Brunswick, Maine, by attracting students, faculty, and staff to the area. This influx of individuals helps support local businesses and cultural institutions, creating a vibrant and dynamic community. Furthermore, the research and innovation produced by Bowdoin College faculty and students contribute to the advancement of knowledge and have the potential to address real-world challenges.

Overall, Bowdoin College's impact extends beyond its campus, shaping the lives of its students, enriching the local community, and advancing the broader fields of education and research.




This information is meant to be a general summary of Bowdoin College. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$411,778,000 (2022)
Expenses
$255,587,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $219,551,000
  • Program Service Revenue: $142,176,000
  • Gross Receipts: $719,459,000

Assets and Liabilities:

  • Total Assets: $3,102,956,000
  • Total Liabilities: $436,812,000
  • Net Assets: $2,666,144,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$109,186,000

ROOM AND BOARD

Revenue

$28,171,000

AUXILIARY ENTERPRISES

Revenue

$3,585,000

OFF-CAMPUS STUDY

Revenue

$226,000

APPLICATION FEES

Revenue

$172,000

Organization Details

Founding Year

1794

Principal Officer

Clayton Rose

Main Address

5400 COLLEGE STATION, BRUNSWICK, ME, 040118445

NTEE Category

Code: B420 - Education

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