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Bennington College Corporation

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

EIN: 030179414 ✦ Bennington, VT ✦ Designated as a 501(c)(3)

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Overview

What is Bennington College Corporation?

Bennington College Corporation, located in Bennington, Vermont, is a distinguished liberal arts institution with approximately 800 undergraduate and graduate students. Founded with a focus on the individual student and their interests, Bennington emphasizes experiential learning and community life. The college's unique approach sets it apart, breaking down barriers between teacher and student, curriculum and extracurricular activities, and offering a flexible educational plan. Bennington College is renowned for its hands-on learning and the requirement that students spend seven weeks each year working in the world (Field Work Term). The Center for the Advancement of Public Action embodies the college's commitment to engaging the world, combining public responsibilities and private ambitions. With a total workforce of 959, Bennington offers a comprehensive curriculum encompassing the humanities, natural sciences, mathematics, social sciences, and visual and performing arts, allowing students to design their courses of study and apply their knowledge in real-world settings.


Official website here: www.bennington.edu

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Bennington College Corporation has achieved an impressive 96% score, reflecting its strong performance in accountability and finance. This high rating indicates that the organization is well-managed and transparent, with a significant focus on fiscal responsibility. The score is derived entirely from accountability measures, demonstrating the nonprofit’s commitment to maintaining a high standard of financial practices.

The organization boasts a fully independent board of directors, which enhances its governance structure. With a majority of board members being independent and a comprehensive audit and oversight committee in place, Bennington College Corporation demonstrates a strong commitment to ethical management. Additionally, the presence of key governance policies such as a whistleblower policy and conflict of interest guidelines further bolsters its accountability.

Financially, the organization displays a healthy balance with a liabilities to assets ratio of 40.35% and a program expense ratio of 85.10%, indicating that a significant portion of its budget is directed towards its programs. Overall, while the ratings reflect a solid track record, continued vigilance in governance and financial practices will be essential for sustaining this strong standing.


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

Is Bennington College Corporation legitimate?

Bennington College Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bennington College Corporation 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: $1,351,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,329,715

For more financial information, click here


Official website here: www.bennington.edu

What is the mission statement of Bennington College Corporation?

Bennington College is known for its liberal arts education, focusing on the individual student and their unique interests. The founders of the institution aimed to break down artificial barriers between teacher and student, curriculum and extra-curricular activities, and cultivate a conscious elasticity in educational plans. Learning by practice underpins every aspect of a Bennington education, reflected in the close working relationship between students and teachers, their self-determination, and their commitment to interdisciplinary learning. The Plan Process, allowing students to design their academic experiences and navigate their education, embodies Bennington's mission of encouraging individual growth and real-world application.


Official website here: www.bennington.edu

What is the revenue of Bennington College Corporation?

Bennington College Corporation's revenue in 2023 was $76,428,687.


Official website here: www.bennington.edu

Who are the executives of Bennington College Corporation and what are their salaries?

The average compensation at Bennington College Corporation during 2023 was $22,063. There are 1028 employees at Bennington College Corporation.

Here are 35 key members and their salaries:


Nicholas Stephens (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Simon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Ushkow Deane (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Ader (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Katsky Boomer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Paris Borden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Clarke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Derrough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hecht (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kornberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel B Rowland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Beskind Safir (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Scanlan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Solow Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Marc Sherman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Stimpson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Borda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Brundage (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odili Odita (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa A Rosenburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabriela Yadegari (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Davison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florence Gill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sekka Scher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Murphy (Treasurer/Svp Of Finance)
  • Compensation: $283,506
  • Related: $0
  • Other: $49,360
Laura Walker (President)
  • Compensation: $540,910
  • Related: $0
  • Other: $63,860
Jose Antonio N Cabasco (Vp For Enrollment)
  • Compensation: $219,601
  • Related: $0
  • Other: $18,371
Claudia Keenan (Svp For Advancement (Term 05/22))
  • Compensation: $187,951
  • Related: $0
  • Other: $11,338
Maurice Hall (Provost)
  • Compensation: $238,447
  • Related: $0
  • Other: $31,823
Andrew M Schlatter (Vp Facilities)
  • Compensation: $143,457
  • Related: $0
  • Other: $42,143
Mark Wunderlich (Director Of Mfa In Writing)
  • Compensation: $148,423
  • Related: $0
  • Other: $23,198
Shelton Walker (Chief Of Staff/Vp Strategy)
  • Compensation: $158,714
  • Related: $0
  • Other: $33,890
Alfredo Medina (Vp Of Dei)
  • Compensation: $157,288
  • Related: $0
  • Other: $30,441
Li-Chen Chin (Vp/Dean Of Student Life)
  • Compensation: $149,120
  • Related: $0
  • Other: $34,390


Official website here: www.bennington.edu

Where can I find the form 990 for Bennington College Corporation?

Bennington College Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bennington.edu

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

Mission Statement of Bennington College Corporation

Bennington College, an esteemed liberal arts institution, is renowned for its unique approach to education. Founded with a vision to emphasize the individual student and their developing interests, the college prioritizes learning through experience. Bennington College's creators sought to break down artificial barriers between teacher and student, curriculum and extracurricular activities, and adopt a conscious elasticity in educational plans.

The college's mission is centered around the principle of learning by practice. It prioritizes the individual student, fostering a close working relationship between the student and their teacher. Bennington College insists on self-determination, enabling students to navigate their education across various disciplines. A significant feature of a Bennington education is the Field Work Term, which provides students with work experience and connects them to the wider community.

The Plan Process, an integral part of a Bennington education, empowers students to design their academic experiences. This process embodies the college's mission by allowing students to tailor their education to their unique interests and goals. The college's commitment to the individual student, self-determination, and interdisciplinary learning sets it apart, providing a distinctive educational experience.

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Impact




October, 2024

Bennington College Corporation significantly impacts its students and the wider community through its innovative approach to liberal arts education. Located in Bennington, Vermont, the institution uniquely combines the visual and performing arts with traditional liberal arts studies, creating a distinctive educational environment.

With an enrollment of around 800 students, Bennington places a strong emphasis on individual interests and self-determination, allowing students to design their own courses of study. This flexibility fosters a culture of creativity and intellectual exploration, guiding students through a curriculum that spans humanities, natural sciences, mathematics, social sciences, and arts.

A hallmark of the Bennington experience is the Field Work Term, where students dedicate seven weeks each year to practical work in real-world settings. This hands-on approach not only solidifies their academic learning but also strengthens their connection to the broader community. Through the Center for the Advancement of Public Action, Bennington encourages students to engage actively with public responsibilities, ensuring that graduates emerge as effective agents of change.

Overall, Bennington College's commitment to combining rigorous academic inquiry with experiential learning prepares students not just for professional success, but for meaningful contributions to society. The college's focus on collaboration between students and faculty promotes an egalitarian atmosphere conducive to personal and academic growth, thereby cultivating a generation equipped to navigate and impact the complex world around them.




This information is meant to be a general summary of Bennington College Corporation. 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
$76,428,687 (2023)
Expenses
$83,228,772 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,295,004
  • Program Service Revenue: $57,434,963
  • Gross Receipts: $95,522,236

Assets and Liabilities:

  • Total Assets: $152,748,783
  • Total Liabilities: $60,840,759
  • Net Assets: $91,908,024

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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

$44,964,244

ROOM AND BOARD

Revenue

$11,704,605

ANCILLARY STUDENT SERVICES

Revenue

$766,114

Organization Details

Founding Year

1932

Principal Officer

Laura Walker

NTEE Category

Code: B420 - Education

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