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Hobart And William Smith Colleges

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

EIN: 160743040 ✦ Geneva, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hobart And William Smith Colleges?

Located in Geneva, New York, Hobart and William Smith Colleges is a nonprofit educational institution situated on a 320-acre campus by Seneca Lake, in the heart of the Finger Lakes region. With a combined student enrollment of 1,684 and 182 full-time faculty lines, the colleges offer a rich academic experience with over 46 majors and 64 minors. Students can earn Bachelor of Arts, Bachelor of Science, or Master of Arts in Teaching degrees. Hobart and William Smith Colleges are renowned for their interdisciplinary program and numerous opportunities for self-discovery. They place great emphasis on international study and community engagement, with over 60% of students having the chance to study abroad in nearly 50 locations worldwide. The colleges foster a student-centered residential learning environment, grounded in the values of equity and service.


Official website here: www.hws.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Hobart and William Smith Colleges has earned an impressive Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. This high score indicates a strong emphasis on transparency and effective fiscal management, showcasing the organization’s commitment to responsible governance.

The nonprofit features a fully independent board with a robust size of 34 members, ensuring diverse perspectives in decision-making. It also has comprehensive financial oversight mechanisms in place, evidenced by its high scores in areas such as audit and oversight committees, and the absence of material diversion of assets, which further enhances its credibility.

While the organization excels in its financial practices, the summary does not indicate any specific programmatic details or community impact metrics, which could provide a more holistic view of its effectiveness in fulfilling its mission. Nonetheless, the strong financial ratios suggest that a significant portion of resources is allocated towards program expenses, underscoring its dedication to its core objectives.


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

Is Hobart And William Smith Colleges legitimate?

Hobart And William Smith Colleges is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hobart And William Smith Colleges 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: $1,847,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,687,607

For more financial information, click here


Official website here: www.hws.edu

What is the mission statement of Hobart And William Smith Colleges?

Hobart and William Smith Colleges are dedicated to delivering a student-centered learning environment based on the values of equity and service. The mission of these institutions is to provide students with a comprehensive residential education that fosters academic growth and self-discovery. With a combined enrollment of 1,684 students and 182 full-time faculty lines, the Colleges offer over 46 majors and 64 minors, enabling students to earn Bachelor of Arts, Bachelor of Science, or Master of Arts in Teaching degrees. The academic program emphasizes interdisciplinary learning and offers numerous opportunities for students to broaden their horizons. Hobart and William Smith Colleges are renowned for their ambitious commitment to international study and community engagement, with over 60% of students having the chance to study abroad in almost 50 locations worldwide. The Colleges believe that civic responsibility, community engagement, and international education are essential components of a liberal arts education.


Official website here: www.hws.edu

What is the revenue of Hobart And William Smith Colleges?

Hobart And William Smith Colleges's revenue in 2023 was $148,635,041.


Official website here: www.hws.edu

Who are the executives of Hobart And William Smith Colleges and what are their salaries?

The average compensation at Hobart And William Smith Colleges during 2023 was $24,606. There are 1688 employees and 2528 volunteers at Hobart And William Smith Colleges.

Here are 47 key members and their salaries:


Cassandra Naylor Brooks (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin R Carver Jr (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Robinson (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig R Stine (Trustee/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda D Arrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward R Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew L Gaines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aileen Diviney Gleason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Hogan Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Margiloff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott J Mason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert J Mccooey Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew G Mcmaster Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Morrow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Solomon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric J Stein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph C Stein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel A Stern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William T Whitaker Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren K Zola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Margueritte Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Grayson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy A Cooney Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Paula Miltenberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mehrnaz Vahid-Ahdieh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Wong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard L Wasserman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gearan (President, As Of July, 2022)
  • Compensation: $263,245
  • Related: $0
  • Other: $29,237
Zaheer Bowen (Student Trustee, Through May 2023)
  • Compensation: $1,152
  • Related: $0
  • Other: $25,000
Dr Kirra Guard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rt Rev Stephen Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Rawlins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bazan D'Angelo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ludwig P Gaines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett A Mathieson Ended August 22 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Amott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irini Konstantinou (Student Trustee, Through May 2023)
  • Compensation: $2,263
  • Related: $0
  • Other: $38,000
Louis Guard (Gen Counsel & Asst Sec)
  • Compensation: $175,123
  • Related: $0
  • Other: $14,690
Mark Edwards (Vp Finance & Administration/ Cfo)
  • Compensation: $205,919
  • Related: $0
  • Other: $33,467
Sarah Kirk (Provost)
  • Compensation: $270,413
  • Related: $0
  • Other: $88,354
Robert O'Connor (Vp Institutional Advanceme)
  • Compensation: $258,607
  • Related: $0
  • Other: $104,973
Alfred Damiano (Vp Strategic Initiatives)
  • Compensation: $216,154
  • Related: $0
  • Other: $37,710
Catherine Williams (Vp Marketing/Communication)
  • Compensation: $220,652
  • Related: $0
  • Other: $20,675
Becca Barile (Assoc. Vp And Dean Of Stud)
  • Compensation: $179,186
  • Related: $0
  • Other: $55,704
Jamie Makinster (Associate Provost)
  • Compensation: $158,259
  • Related: $0
  • Other: $16,097
Joyce P Jacobsen (President, Through July, 2022)
  • Compensation: $664,996
  • Related: $0
  • Other: $46,860
Carolee White (Former Vp Fin&Admin & Asst. Treas)
  • Compensation: $235,342
  • Related: $0
  • Other: $31,247


Official website here: www.hws.edu

Where can I find the form 990 for Hobart And William Smith Colleges?

Hobart And William Smith Colleges's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hws.edu

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

Mission Statement of Hobart And William Smith Colleges

Hobart and William Smith Colleges, a prestigious educational institution, is dedicated to creating a student-focused learning environment grounded in the values of equity and service. The colleges, with a combined enrollment of 1,684 students and 182 full-time faculty lines, offer a rich interdisciplinary program and endless opportunities for self-discovery.

Located at the shore of Seneca Lake, in the heart of the Finger Lakes region, the colleges pride themselves on their ambitious international study programs and community engagement initiatives. With more than 60 percent of students having the opportunity to study abroad in nearly 50 locations worldwide, Hobart and William Smith Colleges place great emphasis on broadening horizons and fostering global awareness.

The colleges' commitment to civic responsibility, community engagement, and international education is deeply ingrained in their mission. They believe that these elements are essential components of a liberal arts education, equipping students with the skills and knowledge necessary to make a positive impact on the world. By offering over 46 majors and 64 minors, including degrees in arts, sciences, and teaching, the colleges empower students to explore their passions and reach their full potential.

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Impact




October, 2024

Hobart and William Smith Colleges create a significant impact through their commitment to fostering a student-centered learning environment that emphasizes equity and service. Situated on a picturesque 320-acre campus on the shores of Seneca Lake in Geneva, NY, the colleges enroll 1,684 students and employ 182 full-time faculty members.

Offering over 46 majors and 64 minors, Hobart and William Smith provide students with diverse academic pathways, culminating in Bachelor of Arts, Bachelor of Science, and Master of Arts in Teaching degrees. Their robust interdisciplinary programs encourage self-discovery and intellectual growth, while an emphasis on international study ensures that more than 60% of students can experience education abroad in nearly 50 locations worldwide.

The colleges integrate civic responsibility and community engagement as fundamental aspects of their liberal arts curriculum, reflecting their mission to cultivate informed and active citizens. Through service-learning and community-focused initiatives, students are empowered to make meaningful contributions both locally and globally, thereby reinforcing the colleges' values of service and equity.




This information is meant to be a general summary of Hobart And William Smith Colleges. 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
$148,635,041 (2023)
Expenses
$169,572,497 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,888,378
  • Program Service Revenue: $119,079,858
  • Gross Receipts: $246,656,667

Assets and Liabilities:

  • Total Assets: $429,979,096
  • Total Liabilities: $80,632,542
  • Net Assets: $349,346,554

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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

$94,760,392

STUDENT HOUSING

Revenue

$12,705,205

DINING SERVICES

Revenue

$8,111,384

OTHER PROGRAM SERVICE REVENUE

Revenue

$3,502,877

Organization Details

Founding Year

1943

Principal Officer

Mr Mark D Gearan

NTEE Category

Code: B420 - Education

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