Form 990 for tax year 2024

Filed by CARLETON COLLEGE.

Totals

Total revenue: $315,082,412
Total expenses: $261,238,790
Contributions and grants received: $41,295,400
Grants paid: $69,812,098
Program services expenses (Part IX): $232,083,933
Management and general expenses: $22,225,673
Fundraising expenses: $6,929,184
Program service expenses (Part III): $232,083,933

Program services were 88.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

ALISON BYERLY

PRESIDENT

Total calculated

$863,204

From this org

$736,099

From related orgs

$0

Other

$127,105

Hours/week

60

Schedule J breakdown matched by us

Base

$696,304

Bonus

$0

Other

$39,795

Deferred

$34,500

Nontaxable benefits

$92,605

Filer's total

$863,204
CATHY PAGLIA

TRUSTEE CHAIR

Total calculated

$0

Hours/week

8
JENINNE MCGEE

TRUSTEE VICE CHAIR

Total calculated

$0

Hours/week

8
JOHN HARRIS

SECRETARY

Total calculated

$0

Hours/week

8
GREG AMUSU

TRUSTEE

Total calculated

$0

Hours/week

5
MARK APPLEBAUM

TRUSTEE

Total calculated

$0

Hours/week

5
EMILY BARR

TRUSTEE

Total calculated

$0

Hours/week

5
KURCHI BASU

TRUSTEE

Total calculated

$0

Hours/week

5
ALAN BAUER

TRUSTEE

Total calculated

$0

Hours/week

5
ELIZABETH BAUSCH

TRUSTEE

Total calculated

$0

Hours/week

5
JONATHAN CAPEHART

TRUSTEE

Total calculated

$0

Hours/week

5
VINAYA CHEPURI

TRUSTEE

Total calculated

$0

Hours/week

5
DAVID DIAMOND

TRUSTEE

Total calculated

$0

Hours/week

5
HERB FRITCH

TRUSTEE

Total calculated

$0

Hours/week

5
LIA GORE

TRUSTEE

Total calculated

$0

Hours/week

5
MICHAEL HASENSTAB

TRUSTEE

Total calculated

$0

Hours/week

5
SARA HAYS

TRUSTEE

Total calculated

$0

Hours/week

5
BRENT IRVIN

TRUSTEE

Total calculated

$0

Hours/week

5
DASHINI JEYATHURAI

TRUSTEE

Total calculated

$0

Hours/week

5
BOLUWATIFE JOHNSON

TRUSTEE

Total calculated

$0

Hours/week

5
LESLIE KAUTZ

TRUSTEE

Total calculated

$0

Hours/week

5
PAM KIECKER ROYALL

TRUSTEE

Total calculated

$0

Hours/week

5
ELIZABETH KING

TRUSTEE

Total calculated

$0

Hours/week

5
CHRISTIAN LEE

TRUSTEE

Total calculated

$0

Hours/week

5
BRAD NORDHOLM

TRUSTEE

Total calculated

$0

Hours/week

5
JENNIFER PIETENPOL

TRUSTEE

Total calculated

$0

Hours/week

5
RAUL RAYMUNDO

TRUSTEE

Total calculated

$0

Hours/week

5
NONOKO SATO

TRUSTEE

Total calculated

$0

Hours/week

5
DAVID SMITH

TRUSTEE

Total calculated

$0

Hours/week

5
JUSTIN WENDER

TRUSTEE

Total calculated

$0

Hours/week

5
MICHAEL WIEBOLT

TRUSTEE

Total calculated

$0

Hours/week

5
CANDACE WILLIAMS

TRUSTEE

Total calculated

$0

Hours/week

5
DANA WRIGHT

TRUSTEE

Total calculated

$0

Hours/week

5
JOHN YOUNGBLOOD

TRUSTEE

Total calculated

$0

Hours/week

5
ERIC RUNESTAD

VP AND TREASURER

Total calculated

$436,091

From this org

$368,659

From related orgs

$0

Other

$67,432

Hours/week

60

Schedule J breakdown matched by us

Base

$363,847

Bonus

$0

Other

$4,812

Deferred

$34,500

Nontaxable benefits

$32,932

Filer's total

$436,091
MICHELLE MATTSON

PROVOST & VP OF ACADEMIC AFFAIRS

Total calculated

$372,164

From this org

$326,550

From related orgs

$0

Other

$45,614

Hours/week

60

Schedule J breakdown matched by us

Base

$326,550

Bonus

$0

Other

$0

Deferred

$33,201

Nontaxable benefits

$12,413

Filer's total

$372,164
DAN RUSTAD

VP OF EXTERNAL RELATIONS (INTERIM)

Total calculated

$254,338

From this org

$200,352

From related orgs

$0

Other

$53,986

Hours/week

60

Schedule J breakdown matched by us

Base

$183,110

Bonus

$0

Other

$17,242

Deferred

$19,367

Nontaxable benefits

$34,619

Filer's total

$254,338
DAREN BATKE

VP OF DEVELOPMENT & ALUMNI RELATIONS

Total calculated

$343,239

From this org

$304,142

From related orgs

$0

Other

$39,097

Hours/week

60

Schedule J breakdown matched by us

Base

$282,443

Bonus

$0

Other

$21,699

Deferred

$28,500

Nontaxable benefits

$10,597

Filer's total

$343,239
KELSEY DESHLER

CHIEF INVESTMENT OFFICER

Total calculated

$997,616

From this org

$925,537

From related orgs

$0

Other

$72,079

Hours/week

60

Schedule J breakdown matched by us

Base

$487,980

Bonus

$421,204

Other

$16,353

Deferred

$34,500

Nontaxable benefits

$37,579

Filer's total

$997,616
ART D RODRIGUEZ

VP & DEAN OF ADMISSIONS & FINANCIAL AID

Total calculated

$343,937

From this org

$278,981

From related orgs

$0

Other

$64,956

Hours/week

60

Schedule J breakdown matched by us

Base

$277,739

Bonus

$0

Other

$1,242

Deferred

$29,012

Nontaxable benefits

$35,944

Filer's total

$343,937
CAROLYN H LIVINGSTON

VP FOR STUDENT LIFE & DEAN OF STUDENTS

Total calculated

$356,582

From this org

$249,000

From related orgs

$0

Other

$107,582

Hours/week

60

Schedule J breakdown matched by us

Base

$248,190

Bonus

$0

Other

$810

Deferred

$25,954

Nontaxable benefits

$81,628

Filer's total

$356,582
TIMOTHY GRIFFETH

DIRECTOR OF INVESTMENTS

Total calculated

$576,851

From this org

$508,373

From related orgs

$0

Other

$68,478

Hours/week

60

Schedule J breakdown matched by us

Base

$320,836

Bonus

$186,727

Other

$810

Deferred

$33,206

Nontaxable benefits

$35,272

Filer's total

$576,851
ELISE ESLINGER

CHIEF OF STAFF

Total calculated

$293,786

From this org

$234,323

From related orgs

$0

Other

$59,463

Hours/week

60

Schedule J breakdown matched by us

Base

$228,024

Bonus

$0

Other

$6,299

Deferred

$24,403

Nontaxable benefits

$35,060

Filer's total

$293,786
MICHAEL T HEMESATH

PROFESSOR OF ECONOMICS

Total calculated

$303,236

From this org

$243,861

From related orgs

$0

Other

$59,375

Hours/week

60

Schedule J breakdown matched by us

Base

$218,124

Bonus

$0

Other

$25,737

Deferred

$22,982

Nontaxable benefits

$36,393

Filer's total

$303,236
JULIE J NEIWORTH

PROFESSOR OF PSYCHOLOGY

Total calculated

$266,008

From this org

$236,697

From related orgs

$0

Other

$29,311

Hours/week

60

Schedule J breakdown matched by us

Base

$187,300

Bonus

$0

Other

$49,397

Deferred

$19,020

Nontaxable benefits

$10,291

Filer's total

$266,008
JEFF DSIDA

ASSOCIATE DIRECTOR OF INVESTMENTS

Total calculated

$256,050

From this org

$227,426

From related orgs

$0

Other

$28,624

Hours/week

60

Schedule J breakdown matched by us

Base

$152,916

Bonus

$74,078

Other

$432

Deferred

$16,058

Nontaxable benefits

$12,566

Filer's total

$256,050
STEVEN G POSKANZER

PRESIDENT (FORMER)

Total calculated

$236,779

From this org

$191,161

From related orgs

$0

Other

$45,618

Hours/week

60

Schedule J breakdown matched by us

Base

$186,970

Bonus

$0

Other

$4,191

Deferred

$19,772

Nontaxable benefits

$25,846

Filer's total

$236,779
GRETCHEN E HOFMEISTER

DEAN OF THE COLLEGE INTERIM (FORMER)

Total calculated

$210,139

From this org

$167,347

From related orgs

$0

Other

$42,792

Hours/week

60

Schedule J breakdown matched by us

Base

$157,583

Bonus

$0

Other

$9,764

Deferred

$16,795

Nontaxable benefits

$25,997

Filer's total

$210,139

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · First-class or charter travel
1a · Housing allowance or residence for personal use
1a · Personal services (maid, chauffeur, chef)
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Independent compensation consultant
3 · Form 990 of other organizations
3 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A: ALISON BYERLY: RESIDENCE FOR PERSONAL USE ($56,240) AND HOUSE CLEANING SERVICES ($11,809), NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. CAROLYN LIVINGSTON: RESIDENCE FOR PERSONAL USE ($44,255), NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. KELSEY DRESHLER: DELTAONE BUSINESS CLASS TRAVEL USE ($9,094) FOR FOREIGN INVESTOR MEETINGS, NOT INCLUDED IN TAXABLE INCOME. TIMOTHY GRIFFETH: DELTAONE BUSINESS CLASS TRAVEL USE ($11,832) FOR FOREIGN INVESTOR MEETINGS, NOT INCLUDED IN TAXABLE INCOME.
PART I, LINE 7: INVESTMENT OFFICERS ARE COMPENSATED PER AN INCENTIVE COMPENSATION STRUCTURE DESIGNED TO ALIGN THE PERFORMANCE GOALS OF THE INVESTMENT OFFICE WITH THE NEEDS OF THE COLLEGE. THESE NON-FIXED PAYMENTS DEPEND ON THE ENDOWMENT PORTFOLIO PERFORMANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

NORTHFIELD PUBLIC SCHOOLS

$1,000,000

SUPPORT CONSTRUCTION OF NEW NORTHFIELD HIGH SCHOOL
UNIVERSITY OF CONNECTICUT

$227,555

RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION
UNIVERSITY OF WISCONSIN - MADISON

$159,981

RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION
BIODIVERSITY RESEARCH INSTITUTE

$110,594

RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION
UNIVERSITY OF CALIFORNIA - DAVIS

$90,117

RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION
CITY OF NORTHFIELD

$85,000

COMMUNITY ENGAGEMENT
UNIVERSITY OF WASHINGTON

$41,251

TEMPORAL DYNAMICS OF MICROBIAL AND VIRAL FUNCTION AND ADAPTATION IN HYDROTHERMAL VENTS
UNIVERSITY OF CALIFORNIA AT SAN DIEGO

$35,547

DEVELOPMENT OF NOVEL AUGMENTED REALITY TOOL FOR TEACHING MOLECULAR VISUALIZATION IN BIOCHEMISTRY

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

PATRICIA V DAMON SCHOLARSHIP FUND

501(C)(3) · TRUST · WI · controlled entity

Directly controlled by CARLETON COLLEGE
S EUGENE BAILEY SCHOLARSHIP TRUST

501(C)(3) · TRUST · MN · controlled entity

Directly controlled by CARLETON COLLEGE

Provenance

Return type: form_990
Tax year: 2024
Filed: 10 April 2026
IRS schema version: 2024v5.5
Source object: 202640989349301954

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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