Totals
- Total revenue
- $449,569,000
- Total expenses
- $325,836,000
- Contributions and grants received
- $83,574,000
- Grants paid
- $71,645,000
- Program service revenue
- $165,481,000
- Investment income
- $199,690,000
- Other revenue
- $824,000
- Total assets, end of year
- $3,560,577,000
- Total liabilities, end of year
- $432,077,000
- Net assets or fund balances, end of year
- $3,128,500,000
- Program services expenses (Part IX)
- $266,119,000
- Management and general expenses
- $49,912,000
- Fundraising expenses
- $9,805,000
- Program service expenses (Part III)
- $266,119,000
Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$4,025,000
-
1f · All other contributions, gifts and grants
$79,549,000
-
1g · Noncash contributions included above
$1,728,000
-
2a · Program service revenue: TUITION AND FEES
total $125,735,000 · related or exempt $125,735,000 · unrelated business $0 · excluded $0
-
2b · Program service revenue: ROOM AND BOARD
total $32,699,000 · related or exempt $32,699,000 · unrelated business $0 · excluded $0
-
2c · Program service revenue: AUXILIARY ENTERPRISES
total $4,899,000 · related or exempt $4,606,000 · unrelated business $293,000 · excluded $0
-
2d · Program service revenue: OFF-CAMPUS STUDY
total $991,000 · related or exempt $991,000 · unrelated business $0 · excluded $0
-
2e · Program service revenue: APPLICATION FEES
total $173,000 · related or exempt $173,000 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $984,000 · related or exempt $984,000 · unrelated business $0 · excluded $0
-
3 · Investment income
total $17,501,000 · related or exempt $0 · unrelated business $5,966,000 · excluded $11,535,000
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $38,000 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $38,000 · personal property $0
-
6d · Net rental income or loss
total $38,000 · related or exempt $38,000 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $768,198,000 · other assets $55,000
-
7b · Less cost or other basis and sales expenses
securities $585,685,000 · other assets $379,000
-
7c · Gain or loss
securities $182,513,000 · other assets -$324,000
-
7d · Net gain or loss
total $182,189,000 · related or exempt $0 · unrelated business $1,066,000 · excluded $181,123,000
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: REUNION WEEKEND
total $385,000 · related or exempt $385,000 · unrelated business $0 · excluded $0
-
11b · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11c · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $401,000 · related or exempt $401,000 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$786,000
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $756,000 · program services $756,000
-
2 · Grants to domestic individuals
total $70,785,000 · program services $70,785,000
-
3 · Grants to foreign organizations and individuals
total $104,000 · program services $104,000
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $9,061,000 · program services $3,519,000 · management and general $4,337,000 · fundraising $1,205,000
-
6 · Compensation of disqualified persons
total $204,000 · program services $0 · management and general $204,000 · fundraising $0
-
7 · Other salaries and wages
total $105,184,000 · program services $85,559,000 · management and general $14,653,000 · fundraising $4,972,000
-
8 · Pension plan contributions
total $10,791,000 · program services $8,900,000 · management and general $1,324,000 · fundraising $567,000
-
9 · Other employee benefits
total $17,507,000 · program services $14,881,000 · management and general $1,740,000 · fundraising $886,000
-
10 · Payroll taxes
total $7,961,000 · program services $6,476,000 · management and general $1,039,000 · fundraising $446,000
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $3,477,000 · program services $0 · management and general $3,477,000 · fundraising $0
-
11c · Fees: accounting
total $554,000 · program services $0 · management and general $554,000 · fundraising $0
-
11d · Fees: lobbying
total $81,800 · program services $0 · management and general $81,800 · fundraising $0
-
11e · Fees: professional fundraising services
total $28,000 · fundraising $28,000
-
11f · Fees: investment management
total $421,000 · program services $0 · management and general $421,000 · fundraising $0
-
11g · Fees: other
total $7,512,000 · program services $4,745,000 · management and general $2,276,000 · fundraising $491,000
-
12 · Advertising and promotion
total $135,000 · program services $18,000 · management and general $117,000 · fundraising $0
-
13 · Office expenses
total $6,576,000 · program services $5,154,000 · management and general $923,000 · fundraising $499,000
-
14 · Information technology
total $8,095,000 · program services $5,457,000 · management and general $2,638,000 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $9,238,000 · program services $7,477,000 · management and general $1,726,000 · fundraising $35,000
-
17 · Travel
total $5,683,000 · program services $4,849,000 · management and general $497,000 · fundraising $337,000
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,177,000 · program services $792,000 · management and general $101,000 · fundraising $284,000
-
20 · Interest
total $14,223,000 · program services $13,085,000 · management and general $1,138,000 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $20,278,000 · program services $17,034,000 · management and general $3,244,000 · fundraising $0
-
23 · Insurance
total $1,217,000 · program services $1,035,000 · management and general $182,000 · fundraising $0
-
24a · Other expenses: PROVISION FOR EXCISE TAXES
total $6,667,000 · program services $0 · management and general $6,667,000 · fundraising $0
-
24b · Other expenses: PURCHASES FOR RESALE
total $5,407,000 · program services $5,407,000 · management and general $0 · fundraising $0
-
24c · Other expenses: LIBRARY MATERIALS
total $3,818,000 · program services $3,818,000 · management and general $0 · fundraising $0
-
24d · Other expenses: FACILITIES, MAINT, REP
total $3,413,000 · program services $3,242,000 · management and general $171,000 · fundraising $0
-
24e · All other expenses
total $5,482,200 · program services $3,026,000 · management and general $2,401,200 · fundraising $55,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $75,957,000 · end of year $80,961,000
-
3 · Pledges and grants receivable
beginning of year $47,208,000 · end of year $39,166,000
-
4 · Accounts receivable
beginning of year $2,114,000 · end of year $1,605,000
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $606,000 · end of year $404,000
-
8 · Inventories for sale or use
beginning of year $1,652,000 · end of year $1,671,000
-
9 · Prepaid expenses and deferred charges
beginning of year $6,048,000 · end of year $8,863,000
-
10a · Land, buildings and equipment: cost or other basis
$679,867,000
-
10b · Land, buildings and equipment: accumulated depreciation
$265,901,000
-
10c · Land, buildings and equipment, net
beginning of year $392,836,000 · end of year $413,966,000
-
11 · Investments: publicly traded securities
beginning of year $83,993,000 · end of year $108,921,000
-
12 · Investments: other securities
beginning of year $2,595,912,000 · end of year $2,879,479,000
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $28,304,000 · end of year $25,541,000
-
17 · Accounts payable and accrued expenses
beginning of year $26,096,000 · end of year $31,722,000
-
18 · Grants payable
beginning of year $124,000 · end of year $0
-
19 · Deferred revenue
beginning of year $782,000 · end of year $664,000
-
20 · Tax-exempt bond liabilities
beginning of year $83,682,000 · end of year $82,746,000
-
21 · Escrow or custodial account liability
beginning of year $29,000 · end of year $29,000
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $9,458,000 · end of year $3,900,000
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $311,763,000 · end of year $313,016,000
-
27 · Net assets without donor restrictions
beginning of year $343,950,000 · end of year $368,595,000
-
28 · Net assets with donor restrictions
beginning of year $2,458,746,000 · end of year $2,759,905,000
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
IT IS THE MISSION OF THE COLLEGE TO ENGAGE STUDENTS OF UNCOMMON PROMISE IN AN INTENSE FULL-TIME EDUCATION OF THEIR MINDS, EXPLORATION OF THEIR CREATIVE FACULTIES, AND DEVELOPMENT OF THEIR SOCIAL AND LEADERSHIP ABILITIES IN A FOUR-YEAR COURSE OF STUDY AND RESIDENCE THAT CONCLUDES WITH A BACCALAUREATE DEGREE IN THE LIBERAL ARTS. THE FULL TEXT OF THE COLLEGE'S MISSION STATEMENT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://WWW.BOWDOIN.EDU/ABOUT/MISSION/INDEX.HTML (ALL LOWER CASE).
Activities or mission (Part I)
FOUR-YEAR PRIVATE UNDERGRADUATE LIBERAL ARTS COLLEGE. SEE PART III, LINE 1 FOR DETAILED MISSION
-
DURING FISCAL YEAR 2025, BOWDOIN ENROLLED 1,858 FULL-TIME EQUIVALENT (FTE) STUDENTS, NOT INCLUDING 173 FTE STUDENTS WHO STUDIED OFF CAMPUS; 95% COMPLETE THE DEGREE WITHIN FIVE YEARS; THE STUDENT/FACULTY RATIO IS 9:1; 98% OF FACULTY HAS A PH.D. OR EQUIVALENT. AS OF JUNE 2025, 43,978 STUDENTS HAVE MATRICULATED AT BOWDOIN COLLEGE, AND 35,896 DEGREES IN ACADEMIC PROGRAMS HAVE BEEN AWARDED.
Expenses $266,119,000 · Grants $71,645,000 · Revenue $166,305,000
As filed on the 2024 return.
Listed in Part VII
-
Diana L SpagnuoloDIANA L SPAGNUOLO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Safa ZakiSAFA ZAKI
PRESIDENT
- Total calculated
- $1,120,866
- From this org
- $936,509
- From related orgs
- $0
- Other
- $184,357
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $911,252
- Bonus
- $0
- Other
- $25,257
- Deferred
- $99,977
- Nontaxable benefits
- $84,380
- Filer's total
- $1,120,866
-
Scott B PerperSCOTT B PERPER
CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Alison E RundlettALISON E RUNDLETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Andrew E SerwerANDREW E SERWER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Ann Hambelton KenyonANN HAMBELTON KENYON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Arthur E BlackARTHUR E BLACK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Bertrand Garcia-MorenoBERTRAND GARCIA-MORENO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
David G BrownDAVID G BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Ellen L P ChanELLEN L P CHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Holly E MaloneyHOLLY E MALONEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Jeff D EmersonJEFF D EMERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer Goldsmith AdamsJENNIFER GOLDSMITH ADAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Joan Benoit SamuelsonJOAN BENOIT SAMUELSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
John F McQuillan JrJOHN F MCQUILLAN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
John K L ThorndikeJOHN K L THORNDIKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Joseph AduJOSEPH ADU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Joseph V McDevitt JrJOSEPH V MCDEVITT JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Julia L DavidsonJULIA L DAVIDSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Karen N WalkerKAREN N WALKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Kathryn Roche HopeKATHRYN ROCHE HOPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Katie R BennerKATIE R BENNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Kayla D BakerKAYLA D BAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Mary Hogan PreusseMARY HOGAN PREUSSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Michel BamaniMICHEL BAMANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Mitchell S ZuklieMITCHELL S ZUKLIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Molly H KingMOLLY H KING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Paula M WardynskiPAULA M WARDYNSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Peter J BernardPETER J BERNARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Philip W SchillerPHILIP W SCHILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
R Stewart StrawbridgeR STEWART STRAWBRIDGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Robert T FriedmanROBERT T FRIEDMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Russell C CrandallRUSSELL C CRANDALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Shelley A HearneSHELLEY A HEARNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Sydney AsburySYDNEY ASBURY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Tasha Vanderlinde IrvingTASHA VANDERLINDE IRVING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Tejus AjmeraTEJUS AJMERA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Tracy R WolstencroftTRACY R WOLSTENCROFT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Tyree P Jones JrTYREE P JONES JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
William S AndersonWILLIAM S ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Matthew OrlandoMATTHEW ORLANDO
SVP FINANCE & ADMIN/TREASURER
- Total calculated
- $618,381
- From this org
- $526,166
- From related orgs
- $0
- Other
- $92,215
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $423,252
- Bonus
- $100,000
- Other
- $2,914
- Deferred
- $51,102
- Nontaxable benefits
- $41,113
- Filer's total
- $618,381
-
Benje DouglasBENJE DOUGLAS
SVP FOR INCLUSION & DIVERSITY
- Total calculated
- $369,518
- From this org
- $300,740
- From related orgs
- $0
- Other
- $68,778
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,308
- Bonus
- $50,000
- Other
- $1,432
- Deferred
- $39,667
- Nontaxable benefits
- $29,111
- Filer's total
- $369,518
-
Christina FinneranCHRISTINA FINNERAN
SVP/INSTITUTIONAL RESEARCH
- Total calculated
- $285,740
- From this org
- $221,380
- From related orgs
- $0
- Other
- $64,360
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,212
- Bonus
- $50,000
- Other
- $1,168
- Deferred
- $33,206
- Nontaxable benefits
- $31,154
- Filer's total
- $285,740
-
Claudia MarroquinCLAUDIA MARROQUIN
SVP/DEAN ADMISSIONS & ST. AID
- Total calculated
- $412,343
- From this org
- $350,304
- From related orgs
- $0
- Other
- $62,039
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,852
- Bonus
- $75,000
- Other
- $1,452
- Deferred
- $43,930
- Nontaxable benefits
- $18,109
- Filer's total
- $412,343
-
Elizabeth OrlicELIZABETH ORLIC
SVP/CHIEF OF STAFF
- Total calculated
- $444,003
- From this org
- $362,900
- From related orgs
- $0
- Other
- $81,103
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,830
- Bonus
- $100,000
- Other
- $3,070
- Deferred
- $50,619
- Nontaxable benefits
- $30,484
- Filer's total
- $444,003
-
Heather KrajewskiHEATHER KRAJEWSKI
SVP FOR DEVELOPMENT & AR
- Total calculated
- $402,927
- From this org
- $391,379
- From related orgs
- $0
- Other
- $11,548
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,939
- Bonus
- $0
- Other
- $219,440
- Deferred
- $0
- Nontaxable benefits
- $11,548
- Filer's total
- $402,927
-
James HoppeJAMES HOPPE
SVP/DEAN FOR STUDENT AFFAIRS
- Total calculated
- $262,745
- From this org
- $260,376
- From related orgs
- $0
- Other
- $2,369
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,536
- Bonus
- $0
- Other
- $127,840
- Deferred
- $0
- Nontaxable benefits
- $2,369
- Filer's total
- $262,745
-
Janet LohmannJANET LOHMANN
SVP/DEAN FOR STUDENT AFFAIRS
- Total calculated
- $485,942
- From this org
- $437,014
- From related orgs
- $0
- Other
- $48,928
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,840
- Bonus
- $100,000
- Other
- $154,174
- Deferred
- $41,196
- Nontaxable benefits
- $7,732
- Filer's total
- $485,942
-
Jennifer ScanlonJENNIFER SCANLON
SVP/DEAN FOR ACADEMIC AFFAIRS
- Total calculated
- $571,185
- From this org
- $489,716
- From related orgs
- $0
- Other
- $81,469
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $382,012
- Bonus
- $100,000
- Other
- $7,704
- Deferred
- $50,976
- Nontaxable benefits
- $30,493
- Filer's total
- $571,185
-
K Niles BryantK NILES BRYANT
SVP/CHIEF INVESTMENTS OFFICER
- Total calculated
- $2,143,819
- From this org
- $2,075,729
- From related orgs
- $0
- Other
- $68,090
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $872,801
- Bonus
- $1,200,000
- Other
- $2,928
- Deferred
- $48,927
- Nontaxable benefits
- $19,163
- Filer's total
- $2,143,819
-
Michael CatoMICHAEL CATO
SVP/CHIEF INFORMATION OFFICER
- Total calculated
- $536,463
- From this org
- $454,085
- From related orgs
- $0
- Other
- $82,378
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $350,633
- Bonus
- $100,000
- Other
- $3,452
- Deferred
- $50,881
- Nontaxable benefits
- $31,497
- Filer's total
- $536,463
-
Scott HoodSCOTT HOOD
SVP FOR COMM & PUBLIC AFFAIRS
- Total calculated
- $428,759
- From this org
- $363,766
- From related orgs
- $0
- Other
- $64,993
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $283,368
- Bonus
- $75,000
- Other
- $5,398
- Deferred
- $50,691
- Nontaxable benefits
- $14,302
- Filer's total
- $428,759
-
Scott MeiklejohnSCOTT MEIKLEJOHN
SVP FOR DEVELOPMENT & AR
- Total calculated
- $433,697
- From this org
- $332,140
- From related orgs
- $0
- Other
- $101,557
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,350
- Bonus
- $0
- Other
- $174,790
- Deferred
- $100,328
- Nontaxable benefits
- $1,229
- Filer's total
- $433,697
-
Ashley ConradASHLEY CONRAD
ENDOWMENT CHIEF OP OFFICER
- Total calculated
- $543,979
- From this org
- $471,451
- From related orgs
- $0
- Other
- $72,528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,638
- Bonus
- $190,725
- Other
- $1,088
- Deferred
- $44,882
- Nontaxable benefits
- $27,646
- Filer's total
- $543,979
-
Boris RaykinBORIS RAYKIN
DIRECTOR OF INVESTMENTS
- Total calculated
- $1,104,156
- From this org
- $1,054,646
- From related orgs
- $0
- Other
- $49,510
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $545,109
- Bonus
- $507,377
- Other
- $2,160
- Deferred
- $45,399
- Nontaxable benefits
- $4,111
- Filer's total
- $1,104,156
-
Bruce KohornBRUCE KOHORN
FACULTY
- Total calculated
- $376,111
- From this org
- $352,193
- From related orgs
- $0
- Other
- $23,918
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $106,280
- Bonus
- $0
- Other
- $245,913
- Deferred
- $17,590
- Nontaxable benefits
- $6,328
- Filer's total
- $376,111
-
Page MachlinPAGE MACHLIN
DIRECTOR OF INVESTMENTS
- Total calculated
- $1,075,692
- From this org
- $1,026,872
- From related orgs
- $0
- Other
- $48,820
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $536,250
- Bonus
- $489,038
- Other
- $1,584
- Deferred
- $45,399
- Nontaxable benefits
- $3,421
- Filer's total
- $1,075,692
-
Tama SpoerriTAMA SPOERRI
VP FOR HUMAN RESOURCES
- Total calculated
- $427,231
- From this org
- $347,284
- From related orgs
- $0
- Other
- $79,947
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,549
- Bonus
- $75,000
- Other
- $4,735
- Deferred
- $50,641
- Nontaxable benefits
- $29,306
- Filer's total
- $427,231
-
Elizabeth McCormackELIZABETH MCCORMACK
FRMR SVP FOR ACADEMIC AFFAIRS
- Total calculated
- $222,993
- From this org
- $171,430
- From related orgs
- $0
- Other
- $51,563
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,579
- Bonus
- $0
- Other
- $2,851
- Deferred
- $25,838
- Nontaxable benefits
- $25,725
- Filer's total
- $222,993
-
Stephanie FrostSTEPHANIE FROST
FRMR SVP FOR DEVELOPMENT & AR
- Total calculated
- $333,000
- From this org
- $333,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $333,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $333,000
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, and on a Form 990-PF Part VIII's — 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 · Tax indemnification and gross-up payments
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 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)
- Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
- AN OFFICER AND TWO KEY EMPLOYEES RECEIVED A GROSS-UP PAYMENT ON TAXABLE MOVING EXPENSES. ONE HIGHEST COMPENSATED EMPLOYEE RECEIVED A GROSS-UP PAYMENT ON A TAXABLE LENGTH OF SERVICE AWARD.
- Schedule J, Part I, Line 1a Housing allowance or residence for personal use
- THE COLLEGE REQUIRES THE PRESIDENT TO LIVE ON CAMPUS IN COLLEGE-PROVIDED HOUSING. THE VALUE OF THE BENEFIT IS INCLUDED IN PART II, COLUMN D FOR THE PRESIDENT. TWO KEY EMPLOYEES AND ONE FORMER KEY EMPLOYEE RECEIVED A TAXABLE HOUSING BENEFIT.
- Schedule J, Part I, Line 1a Health or social club dues or initiation fees
- SOCIAL CLUB DUES WERE PAID BY THE COLLEGE ON BEHALF OF AN OFFICER. THE DUES ARE NOT INCLUDED IN THE EMPLOYEE'S TAXABLE WAGES AS THE SOCIAL CLUB WAS USED TO CONDUCT COLLEGE BUSINESS ONLY.
- Schedule J, Part I, Line 4a Severance or change-of-control payment
- TWO KEY EMPLOYEES RECEIVED SUPPLEMENTAL WAGES IN THE AMOUNTS OF $150,000 AND $73,333. A FORMER KEY EMPLOYEE RECEIVED SUPPLEMENTAL WAGES IN THE AMOUNT OF $315,000. A HIGHEST COMPENSATED EMPLOYEE RECEIVED SUPPLEMENTAL WAGES IN THE AMOUNT OF $243,694. AN OFFICER HAS AN EMPLOYMENT AGREEMENT WITH A CONDITIONAL SEVERANCE CLAUSE.
- Schedule J, Part I, Line 7 Non-fixed payments
- THREE HIGHEST COMPENSATED EMPLOYEES RECEIVED A BONUS WHICH WAS DETERMINED AT THE DISCRETION OF A KEY EMPLOYEE.
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
-
TOWN OF BRUNSWICK
$606,230
CONTRIBUTION
-
BRUNSWICK DOWNTOWN ASSOCIATION
$30,000
CONTRIBUTION
-
TOWN OF HARPSWELL
$21,900
CONTRIBUTION
-
$20,000
CONTRIBUTION
-
CONTRIBUTION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
TIGER PARTNERS
Excluded · INVESTING · NY · share of income $1 · share of assets $40,660 · general or managing partner
-
VERSO ALPHA DRIVEN RETURNS LP
Excluded · INVESTING · CA · share of assets $26,920,313
-
BEACONLIGHT OPPORTUNITIES FUND I LP
Excluded · INVESTING · NY · share of income $11,381 · share of assets $4,943,134
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
POOLED INCOME FUNDS (3)
Trust · INVESTING · ME · controlled entity
Directly controlled by BOWDOIN
-
CHARITABLE REMAINDER TRUSTS (16)
Trust · INVESTING · ME · controlled entity
Directly controlled by BOWDOIN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202611329349306966
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