Amherst College Trustees
Amherst College Trustees reported $775.7 million in revenue and $454.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.09 went to program services, $20.05 to management and general costs and $2.86 to fundraising. Its largest source of revenue was investment income: 69.3% of the total. The highest compensation it reported for one person was $1,711,834 (CHIEF INVESTMENT OFFICER). 417 people received more than $100,000 in reportable compensation. Revenue rose 90% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $454MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $776MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.23 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 23.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,711,834 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.38% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 417 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 139.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 21 of 23 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF INVESTMENT OFFICER Officer, 40.00 hrs/week | $1,680,803 | $0 | $31,031 | $1,711,834 |
| DIR-FOLGER SHARESPEARE LIB END 6/24 Highest compensated employee, 40.00 hrs/week | $900,650 | $0 | $17,539 | $918,189 |
| PRESIDENT Director/trustee, officer, 40.00 hrs/week | $697,632 | $0 | $148,610 | $846,242 |
| CHIEF POLICY OFFICER & GEN COUNSEL Key employee, 40.00 hrs/week | $445,037 | $0 | $113,810 | $558,847 |
| CHIEF FIN & ADMIN OFFICER Officer, 40.00 hrs/week | $504,177 | $0 | $51,331 | $555,508 |
| PROVOST & DEAN FACULTY END 6/24 Key employee, 40.00 hrs/week | $440,310 | $0 | $91,885 | $532,195 |
| DIRECTOR OF OPERATIONS Highest compensated employee, 40.00 hrs/week | $475,966 | $0 | $42,954 | $518,920 |
| CHIEF ADVANCEMENT OFFICER Key employee, 40.00 hrs/week | $423,801 | $0 | $83,381 | $507,182 |
417 people received more than $100,000 in reportable compensation from Amherst College Trustees (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,592
- Volunteers Part I, line 62,137
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SHAWMUT DESIGN AND CONSTRUCTION Construction services | $32,327,916 |
| SEQUOIA CAPITAL Investment management | $4,477,280 |
| GREENHAVEN Investment management | $2,881,844 |
| GILBANE BUILDING COMPANY Construction services | $2,693,923 |
Individuals listed as contractors are left out. 226 contractors were paid more than $100,000 in all.
Private foundation grants it received
99 private foundations reported grants to Amherst College Trustees totaling $5.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Amherst College Trustees's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Amherst College Trustees, you can publish a response that is linked from this page.
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Of every $100 Amherst College Trustees spent in FY2025, $77.09 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Chapman UniversityOrange, CA · revenue $758M · programs 88.5% · FY2025
- Loyola Marymount UniversityLos Angeles, CA · revenue $779M · programs 83.3% · FY2025
- Pepperdine UniversityMalibu, CA · revenue $755M · programs 76.1% · FY2025
- University of Virginia Investment Management CompanyCharlottesville, VA · revenue $781M · programs 80.2% · FY2025
- University of San DiegoSan Diego, CA · revenue $741M · programs 80.2% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Amherst College Trustees's spending goes to programs?
In the fiscal year ending June 30, 2025, Amherst College Trustees reported that 77.1% of its $454.2 million in expenses went to program services, 20.0% to management and general and 2.9% to fundraising (Form 990, Part IX).
How much does Amherst College Trustees pay its top executive?
The largest total compensation Amherst College Trustees reported for one person in the fiscal year ending June 30, 2025 was $1,711,834, for the role of CHIEF INVESTMENT OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Amherst College Trustees get its money?
Of $775.7 million in revenue in the fiscal year ending June 30, 2025, 7.2% came from contributions and grants (including 0.5% from government grants) and 23.3% from program service revenue (Form 990, Part VIII).
Is Amherst College Trustees a registered charity?
The IRS lists EIN 04-2103542 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349302793 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349303002 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349308800 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349317787 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349309097 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349307831 · read the filing
All filings for EIN 04-2103542: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.