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Babson College

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

EIN: 042103544 ✦ Babson park, MA ✦ Designated as a 501(c)(3)

Overview

What is Babson College?

Babson College is a renowned educational institution based in Babson Park, Massachusetts. With a workforce of around 2,032 employees, it enrolls approximately 2,350 undergraduate and nearly 1,000 graduate students from the US and over 80 countries. The college is dedicated to nurturing entrepreneurial leaders who create significant economic and social value worldwide. Babson College offers degrees in business and liberal arts, granting Bachelor of Science degrees through its undergraduate program and Master of Business Administration (MBA) degrees and custom Master of Science degrees through its F.W. Olin Graduate School of Business. Additionally, Babson provides executive education programs designed to help companies achieve their strategic objectives. The college's innovative curriculum encourages students to think creatively and challenges them to manage risk, inspire others, and act responsibly. Babson graduates are prepared to excel in both established enterprises and emerging ventures.


Official website here: www.babson.edu

Is Babson College legitimate?

Babson College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Babson 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,384,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,136,246

For more financial information, click here


Official website here: www.babson.edu

What is the mission statement of Babson College?

Babson College is dedicated to nurturing entrepreneurial leaders who generate significant economic and social value. With approximately 2,350 undergraduate and nearly 1,000 graduate students, this prestigious institution challenges students to think creatively across disciplinary boundaries. Babson College fosters the willingness to take risks, the ability to inspire others towards common goals, and the courage to act responsibly. Its students are prepared to be key contributors in established enterprises as well as emerging ventures. The college offers degrees in business and liberal arts, granting Bachelor of Science degrees through its undergraduate program and Master of Business Administration and custom Master of Science degrees through the F.W. Olin Graduate School of Business at Babson College. Additionally, Babson offers executive education programs to help companies achieve their strategic objectives.


Official website here: www.babson.edu

Who is the CEO of Babson College?

Stephen Spinelli is the President of Babson College.


Official website here: www.babson.edu

What is the revenue of Babson College?

Babson College's revenue in 2022 was $397,619,450.


Official website here: www.babson.edu

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

The average compensation at Babson College during 2022 was $47,008. There are 2,032 employees and 2,146 volunteers at Babson College.

Here are 48 key members and their salaries:

    Stephen Spinelli (President) [Trustee/Director]
  • Compensation: $681,308
  • Related: $0
  • Other: $84,333

    • Edward Chiu (Sr. Vp Of Advancement. See Sch O.)
  • Compensation: $544,880
  • Related: $0
  • Other: $77,064

    • Kenichi Matsuno (Vp Academic Affairs & Dean)
  • Compensation: $477,178
  • Related: $0
  • Other: $33,860

    • Richard Bliss (Professor)
  • Compensation: $444,899
  • Related: $0
  • Other: $39,448

    • Katherine Craven (Chief Admin./Financial Officer)
  • Compensation: $443,591
  • Related: $0
  • Other: $29,753

    • Andrew Corbett (Professor)
  • Compensation: $384,161
  • Related: $0
  • Other: $66,638

    • Jay Rao (Professor)
  • Compensation: $387,966
  • Related: $0
  • Other: $58,446

    • Phillip Kim (Professor)
  • Compensation: $355,192
  • Related: $0
  • Other: $63,732

    • D R Widder (Vp Of Innovation)
  • Compensation: $358,011
  • Related: $0
  • Other: $49,316

    • Mary Rose (Vp Campus/Comm Affairs. See Sch O.)
  • Compensation: $305,081
  • Related: $0
  • Other: $54,381

    • Michael Layish (Secretary & Clerk)
  • Compensation: $266,317
  • Related: $0
  • Other: $45,627

    • Harsha Agadi (Trustee (Eff. 5/13/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Angelakis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Baird (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • The Honorable Craig Benson (Vice Chair, Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ettore V Biagioni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew J Butler (Trustee (Eff. 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Cannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cyril Camus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Chiasson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren Cross Jr (Vice Chair, Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Demello (Trustee (Until 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richelieu Dennis Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah De Santis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig M Donaldson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank M Fischer (Trustee (Until 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett A Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Herring (Vice Chair, Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Johnson (Vice Chair, Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Sc Kiang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmella Kletjian (Trustee (Until 10/5/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael S Lorber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wasi Mahi (Trustee (Eff. 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Mclane (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Malone (Trustee (Eff. 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramon Mendiola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Molson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffery Perry (Chair, Board Of Trustees (Eff 7/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth G Romanzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James A Rullo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Sahenk (Trustee (Until 9/8/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Somia Farid Silber (Trustee (Eff. 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Strong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Davide Visco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha D Vorlicek (Trustee (Until 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert E Weissman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Zelcer (Trustee (Eff. 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.babson.edu

    Where can I find the form 990 for Babson College?

    The Babson College’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.babson.edu

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

    Mission Statement of Babson College

    Babson College, a leading institution in management education, is dedicated to nurturing entrepreneurial leaders who create significant economic and social value worldwide. With approximately 2,350 undergraduate and nearly 1,000 graduate students hailing from the United States and over 80 countries, the college prides itself on its innovative curriculum that challenges students to think creatively and across disciplinary boundaries.

    Babson College's mission is to educate entrepreneurs who can make a meaningful impact in various industries and communities. Its students are taught to take calculated risks, inspire others towards shared objectives, and possess the courage to act responsibly. The educational experience at Babson College extends beyond the technical knowledge required for business success; it also emphasizes an in-depth understanding of institutions, societies, cultures, and the self. These future leaders embrace the challenge of continuous learning and take responsibility for their professional development.

    Babson College offers a range of educational programs, including undergraduate and graduate degrees in business and liberal arts. Graduates can earn a Bachelor of Science degree through the undergraduate program, while the F.W. Olin Graduate School of Business at Babson College grants Master of Business Administration degrees and custom Master of Science degrees. Additionally, Babson College provides executive education programs designed to help companies achieve their strategic goals. By combining theoretical knowledge with practical experience, Babson College empowers its students to make a lasting impact in the business world.

    Impact

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




    Thursday, August 15, 2024

    Babson College educates entrepreneurial leaders who create great economic and social value everywhere. With approximately 2,350 undergraduate and nearly 1,000 graduate students from the United States and over 80 countries worldwide, Babson College is a global leader in management education. The college's innovative curricula challenge students to think creatively and across disciplinary boundaries, cultivating the willingness to take and manage risks, the ability to energize others toward a goal, and the courage to act responsibly.

    Babson College students understand that leadership requires both technical knowledge and a sophisticated appreciation of institutions, societies, cultures, and the self. They welcome the challenge of learning continuously and taking responsibility for their careers, positioning them as key contributors in established enterprises and emerging ventures. Through its educational programs in business and liberal arts, Babson College empowers students to drive innovation, create lasting impact, and contribute to the global business community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $84,990,124
  • Program Service Revenue: $244,383,907
  • Gross Receipts: $560,640,211

    • Assets and Liabilities:
  • Total Assets: $1,081,136,455
  • Total Liabilities: $262,968,455
  • Net Assets: $818,168,000
  • Programs

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

    TUITION & FEES

    Revenue

    $197,725,787

    ROOM & BOARD

    Revenue

    $35,256,179

    ED/NON-ED PROGRAM REVENUE

    Revenue

    $11,401,941

    Organization Details

    Founding Year

    1919

    Principal Officer

    Stephen Spinelli

    Main Address

    231 FOREST STREET, BABSON PARK, MA, 024570310

    NTEE Category

    Code: B42 - Education

    If you are a representative of Babson College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.