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Nonprofiteer
← TRUSTEES OF HAMILTON COLLEGE

Form 990 for tax year 2023

Filed by TRUSTEES OF HAMILTON COLLEGE.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 15 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$306,803,428 changed to $0
Total expenses
$243,633,696 changed to $0
Contributions and grants received
$32,166,396 changed to $0
Grants paid
$55,283,137 changed to $0
Program service revenue
$160,340,821 changed to $0
Investment income
$113,500,627 changed to $0
Other revenue
$795,584 changed to $0
Total assets, end of year
$1,783,685,089 changed to $0
Total liabilities, end of year
$196,649,500 changed to $0
Net assets or fund balances, end of year
$1,587,035,589 changed to $0
Program services expenses
$199,224,915 changed to $0
Management and general expenses
$37,454,758 changed to $0
Fundraising expenses
$6,954,023 changed to $0
Program service expenses (Part III)
$199,224,915 changed to not reported

Listed only on the earlier return

  • Aditya Bhasin
  • Alexander C Sacerdote
  • Amy Owens Goodfriend
  • Aron J Ain
  • Betsy G Bacot
  • Christopher D Card
  • Christopher P Marshall
  • Daniel Fielding
  • Daniel I Rifkin
  • Daniel T Nye
  • David M Solomon
  • David P Hess
  • David Wippman
  • Edvige Jean-Francois
  • Eric F Grossman
  • Frank M Anechiario
  • Gillian M King
  • Gregory T Hoogkamp
  • Imad I Qasim
  • Jack R selby
  • Jonathan T Hind
  • Joseph M Shelley
  • Julia K Cowles
  • Karen L Leach
  • Kathleen Corsi
  • Kevin J O'Donnell
  • Lauren K Jacobson
  • Lea Haber Kuck
  • Linda E Johnson
  • Lindsey L Rotolo
  • Lori R Dennison
  • Mark T Fedorcik
  • Mason P Ashe
  • Melissa F Richards
  • Michael E Klapmeyer
  • Monica C Inzer
  • Monique Holloway
  • Montgomery G Pooley
  • Nancy Roob
  • Ngonidzashe Munemo
  • Peter B Coffin
  • Philip L Hawkins
  • Phyllis A Breland
  • R Christopher Regan
  • Richard Bernstein
  • Robert S Morris
  • Robert S Welch
  • Robert V Delaney Jr
  • Ronald R Pressman
  • Sean T Bennett
  • Sharon D madison
  • Spencer Polaske
  • William C Schmoker

Listed only on the later return

  • A

Totals

Total revenue
$306,803,428
Total expenses
$243,633,696
Contributions and grants received
$32,166,396
Grants paid
$55,283,137
Program service revenue
$160,340,821
Investment income
$113,500,627
Other revenue
$795,584
Total assets, end of year
$1,783,685,089
Total liabilities, end of year
$196,649,500
Net assets or fund balances, end of year
$1,587,035,589
Program services expenses (Part IX)
$199,224,915
Management and general expenses
$37,454,758
Fundraising expenses
$6,954,023
Program service expenses (Part III)
$199,224,915

Program services were 81.8% 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)

    $1,129,625

  • 1f · All other contributions, gifts and grants

    $31,036,771

  • 1g · Noncash contributions included above

    $8,767,941

  • 2a · Program service revenue: Tuition and Fees

    total $126,487,330 · related or exempt $126,487,330 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Room & Board

    total $30,705,076 · related or exempt $30,705,076 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Auxiliary Operations

    total $542,423 · related or exempt $542,423 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Application Fees

    total $162,420 · related or exempt $162,420 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: State Grants & Contracts

    total $1,347,462 · related or exempt $1,347,462

  • 2f · All other program service revenue

    total $1,096,110 · related or exempt $1,096,110 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $12,644,713 · related or exempt $0 · unrelated business -$774,535 · excluded $13,419,248

  • 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 $403,519 · personal property $0

  • 6b · Less rental expenses

    real property $158,560 · personal property $0

  • 6c · Rental income or loss

    real property $244,959 · personal property $0

  • 6d · Net rental income or loss

    total $244,959 · related or exempt $0 · unrelated business $0 · excluded $244,959

  • 7a · Gross sales of assets other than inventory

    securities $460,288,000 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $359,432,086 · other assets $0

  • 7c · Gain or loss

    securities $100,855,914 · other assets $0

  • 7d · Net gain or loss

    total $100,855,914 · related or exempt $0 · unrelated business $0 · excluded $100,855,914

  • 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: Bed & Breakfast Revenue

    total $276,939 · unrelated business $47,892 · excluded $229,047

  • 11b · Other revenue: Vending & Laundry Commissions

    total $138,476 · excluded $138,476

  • 11c · Other revenue: College Store

    total $135,210 · excluded $135,210

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $550,625

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $101,925 · program services $101,925

  • 2 · Grants to domestic individuals

    total $52,157,480 · program services $52,157,480

  • 3 · Grants to foreign organizations and individuals

    total $3,023,732 · program services $3,023,732

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $5,461,258 · program services $517,291 · management and general $4,494,454 · fundraising $449,513

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $71,181,687 · program services $62,271,561 · management and general $4,995,742 · fundraising $3,914,384

  • 8 · Pension plan contributions

    total $6,131,737 · program services $5,251,803 · management and general $553,001 · fundraising $326,933

  • 9 · Other employee benefits

    total $9,402,890 · program services $8,020,742 · management and general $887,760 · fundraising $494,388

  • 10 · Payroll taxes

    total $5,597,726 · program services $4,619,029 · management and general $663,811 · fundraising $314,886

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $612,424 · program services $14,754 · management and general $585,220 · fundraising $12,450

  • 11c · Fees: accounting

    total $445,714 · program services $28,968 · management and general $416,746 · fundraising $0

  • 11d · Fees: lobbying

    total $1,194 · program services $0 · management and general $1,194 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $10,758,763 · program services $0 · management and general $10,758,763 · fundraising $0

  • 11g · Fees: other

    total $11,155,432 · program services $4,482,213 · management and general $6,584,669 · fundraising $88,550

  • 12 · Advertising and promotion

    total $404,424 · program services $301,234 · management and general $103,190 · fundraising $0

  • 13 · Office expenses

    total $11,224,383 · program services $8,525,238 · management and general $2,489,608 · fundraising $209,537

  • 14 · Information technology

    total $3,277,524 · program services $1,802,638 · management and general $1,474,886 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $5,600,302 · program services $5,449,094 · management and general $112,006 · fundraising $39,202

  • 17 · Travel

    total $7,866,328 · program services $6,873,229 · management and general $832,754 · fundraising $160,345

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $319,183 · program services $295,353 · management and general $19,506 · fundraising $4,324

  • 20 · Interest

    total $7,138,738 · program services $6,781,801 · management and general $356,937 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $19,417,170 · program services $18,912,323 · management and general $310,675 · fundraising $194,172

  • 23 · Insurance

    total $1,584,709 · program services $18,950 · management and general $1,565,759 · fundraising $0

  • 24a · Other expenses: Food Service

    total $7,735,582 · program services $7,735,582 · management and general $0 · fundraising $0

  • 24b · Other expenses: Special Programs and Events

    total $954,015 · program services $146,205 · management and general $62,471 · fundraising $745,339

  • 24c · Other expenses: Prizes and Awards

    total $871,614 · program services $871,614 · management and general $0 · fundraising $0

  • 24d · Other expenses: Resident Advisor Room Charges

    total $638,400 · program services $638,400 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $569,362 · program services $383,756 · management and general $185,606 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

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 $54,491,551 · end of year $67,492,240

  • 3 · Pledges and grants receivable

    beginning of year $20,565,770 · end of year $21,609,479

  • 4 · Accounts receivable

    beginning of year $3,314,444 · end of year $1,989,789

  • 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 $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $819,482 · end of year $816,665

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,538,935 · end of year $2,604,841

  • 10a · Land, buildings and equipment: cost or other basis

    $633,120,192

  • 10b · Land, buildings and equipment: accumulated depreciation

    $353,059,129

  • 10c · Land, buildings and equipment, net

    beginning of year $271,912,065 · end of year $280,061,063

  • 11 · Investments: publicly traded securities

    beginning of year $590,254,279 · end of year $495,731,621

  • 12 · Investments: other securities

    beginning of year $744,166,094 · end of year $907,566,934

  • 13 · Investments: program-related

    beginning of year $16,011,041 · end of year $22,374

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $5,714,677 · end of year $5,790,083

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,149,380 · end of year $11,795,031

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $62,582,911 · end of year $61,488,433

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $100,649,283 · end of year $100,675,548

  • 25 · Other liabilities

    beginning of year $23,155,764 · end of year $22,690,488

  • 27 · Net assets without donor restrictions

    beginning of year $356,726,000 · end of year $370,627,193

  • 28 · Net assets with donor restrictions

    beginning of year $1,155,525,000 · end of year $1,216,408,396

  • 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 · 2023

Mission

A liberal arts college chartered in 1812, Hamilton College has an enrollment of approximately 2,000 students, representing 47 states and 61 countries, and offers 58 areas of study in the liberal arts, science, and mathematics. Hamilton also offers pre-professional/cooperative programs in business, education, engineering, law, and medicine, and the opportunity to study abroad in numerous foreign destinations. The College's open curriculum gives students the freedom to shape their own liberal arts education within a research and writing-intensive framework. The College also sponsors 29 varsity athletic programs affiliated with the NCAA Division III, in addition to many club and intramural sports offerings. More than 150 other student clubs and organizations in a variety of interests and disciplines help to further enrich student development.

Activities or mission (Part I)

Hamilton College prepares students for lives of meaning, purpose, and active citizenship. Guided by the motto "Know Thyself," the College emphasizes intellectual growth, flexibility, and collaboration in a residential academic community. Hamilton students learn to think independently, embrace difference, write and speak persuasively, and engage issues ethically and creatively. One of America's first liberal arts colleges, Hamilton enables its students to effect positive change in the world.

  • Providing a liberal arts education to approximately 2000 undergraduate students, Hamilton College is committed to its tradition of being a school of opportunity and provides financial aid packages to approximately 50% of its students. The College's full time faculty was 199 and most hold the highest obtainable degree in their field. Summer recreation programs that provide opportunities for children and students to participate in team and individual sports and develop character and sportsmanship.

    Expenses $199,224,915 · Grants $55,283,137 · Revenue $160,340,821

As filed on the 2023 return.

Listed in Part VII

  • David M Solomon

    Chair

    Total calculated
    $0
    Hours/week
    5
  • David Wippman

    President

    Total calculated
    $1,105,522
    From this org
    $781,748
    From related orgs
    $0
    Other
    $323,774
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $764,351
    Bonus
    $0
    Other
    $17,397
    Deferred
    $210,376
    Nontaxable benefits
    $113,398
    Filer's total
    $1,105,522
  • Linda E Johnson

    Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Robert V Delaney Jr

    Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Aditya Bhasin

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Alexander C Sacerdote

    Trustee

    Total calculated
    $0
    Hours/week
    3
  • Amy Owens Goodfriend

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Aron J Ain

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Betsy G Bacot

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Christopher P Marshall

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Daniel Fielding

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Daniel I Rifkin

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Daniel T Nye

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • David P Hess

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Edvige Jean-Francois

    Trustee (07/2023)

    Total calculated
    $0
    Hours/week
    2
  • Eric F Grossman

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Gregory T Hoogkamp

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Imad I Qasim

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Jack R selby

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Julia K Cowles

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Kathleen Corsi

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Kevin J O'Donnell

    Trustee (07/2023)

    Total calculated
    $0
    Hours/week
    2
  • Lea Haber Kuck

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Lindsey L Rotolo

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Mark T Fedorcik

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Mason P Ashe

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Monique Holloway

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Montgomery G Pooley

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Nancy Roob

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Peter B Coffin

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Philip L Hawkins

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Phyllis A Breland

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • R Christopher Regan

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Richard Bernstein

    Trustee

    Total calculated
    $0
    Hours/week
    3
  • Robert S Morris

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Ronald R Pressman

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Sharon D madison

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • William C Schmoker

    Trustee (07/2023)

    Total calculated
    $0
    Hours/week
    2
  • Gillian M King

    Chief of Staff and Secretary

    Total calculated
    $251,952
    From this org
    $220,230
    From related orgs
    $0
    Other
    $31,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,632
    Bonus
    $0
    Other
    $2,598
    Deferred
    $22,018
    Nontaxable benefits
    $9,704
    Filer's total
    $251,952
  • Karen L Leach

    VP Admin & Finance

    Total calculated
    $530,126
    From this org
    $400,620
    From related orgs
    $0
    Other
    $129,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,456
    Bonus
    $0
    Other
    $15,164
    Deferred
    $101,976
    Nontaxable benefits
    $27,530
    Filer's total
    $530,126
  • Christopher D Card

    VP Student Affairs

    Total calculated
    $280,720
    From this org
    $231,362
    From related orgs
    $0
    Other
    $49,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,851
    Bonus
    $0
    Other
    $511
    Deferred
    $8,333
    Nontaxable benefits
    $41,025
    Filer's total
    $280,720
  • Joseph M Shelley

    VP for Library and Information Technology

    Total calculated
    $281,744
    From this org
    $253,865
    From related orgs
    $0
    Other
    $27,879
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,501
    Bonus
    $0
    Other
    $1,364
    Deferred
    $25,350
    Nontaxable benefits
    $2,529
    Filer's total
    $281,744
  • Lauren K Jacobson

    Chief Investment Officer

    Total calculated
    $2,697,344
    From this org
    $1,476,486
    From related orgs
    $0
    Other
    $1,220,858
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $650,000
    Bonus
    $825,000
    Other
    $1,486
    Deferred
    $1,215,345
    Nontaxable benefits
    $5,513
    Filer's total
    $2,697,344
  • Lori R Dennison

    VP Advancement

    Total calculated
    $449,513
    From this org
    $359,865
    From related orgs
    $0
    Other
    $89,648
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $349,694
    Bonus
    $0
    Other
    $10,171
    Deferred
    $33,000
    Nontaxable benefits
    $56,648
    Filer's total
    $449,513
  • Melissa F Richards

    VP Communications

    Total calculated
    $323,263
    From this org
    $242,485
    From related orgs
    $0
    Other
    $80,778
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,926
    Bonus
    $0
    Other
    $559
    Deferred
    $25,239
    Nontaxable benefits
    $55,539
    Filer's total
    $323,263
  • Monica C Inzer

    VP Enrollment Management

    Total calculated
    $424,538
    From this org
    $321,390
    From related orgs
    $0
    Other
    $103,148
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,349
    Bonus
    $0
    Other
    $9,041
    Deferred
    $85,274
    Nontaxable benefits
    $17,874
    Filer's total
    $424,538
  • Ngonidzashe Munemo

    VP Academic Affairs

    Total calculated
    $376,419
    From this org
    $300,003
    From related orgs
    $0
    Other
    $76,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $299,551
    Bonus
    $0
    Other
    $452
    Deferred
    $15,340
    Nontaxable benefits
    $61,076
    Filer's total
    $376,419
  • Sean T Bennett

    VP Diversity

    Total calculated
    $222,753
    From this org
    $213,548
    From related orgs
    $0
    Other
    $9,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,100
    Bonus
    $0
    Other
    $1,448
    Deferred
    $7,173
    Nontaxable benefits
    $2,032
    Filer's total
    $222,753
  • Frank M Anechiario

    Professor

    Total calculated
    $309,638
    From this org
    $273,850
    From related orgs
    $0
    Other
    $35,788
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,156
    Bonus
    $0
    Other
    $2,694
    Deferred
    $27,250
    Nontaxable benefits
    $8,538
    Filer's total
    $309,638
  • Jonathan T Hind

    Director of Athletics

    Total calculated
    $270,148
    From this org
    $228,398
    From related orgs
    $0
    Other
    $41,750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,685
    Bonus
    $0
    Other
    $2,713
    Deferred
    $23,335
    Nontaxable benefits
    $18,415
    Filer's total
    $270,148
  • Michael E Klapmeyer

    AVP Facilities and Planning

    Total calculated
    $241,533
    From this org
    $229,096
    From related orgs
    $0
    Other
    $12,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,775
    Bonus
    $0
    Other
    $1,321
    Deferred
    $9,698
    Nontaxable benefits
    $2,739
    Filer's total
    $241,533
  • Robert S Welch

    AVP Const Engagement

    Total calculated
    $289,726
    From this org
    $241,147
    From related orgs
    $0
    Other
    $48,579
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,265
    Bonus
    $0
    Other
    $882
    Deferred
    $24,542
    Nontaxable benefits
    $24,037
    Filer's total
    $289,726
  • Spencer Polaske

    Director of Investments

    Total calculated
    $406,825
    From this org
    $355,039
    From related orgs
    $0
    Other
    $51,786
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,835
    Bonus
    $100,000
    Other
    $204
    Deferred
    $33,000
    Nontaxable benefits
    $18,786
    Filer's total
    $406,825

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 · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 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
  • 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)

Schedule J, Part I, Line 1a First-class or charter travel
The College requires that the President, the VP for Academic Affairs and the VP for Student Affairs reside on campus as a condition of their employment; therefore, College owned housing is provided for them. In addition, the College pays for reasonable costs of housekeeping to maintain the president's residence. Business class air travel is allowed for members of senior staff only when the travel is overseas or cross-continental. The cost of travel for a companion is allowed for the president only. Other services provided to the president include payment for membership in one club in Manhattan, such as the Princeton Club or the University Club, for the purpose of meeting with College constituents, sponsoring College events and otherwise conducting College business. Because these benefits are nontaxable, they are not included in the employees' Form W-2. However, they are included in Part II, column D of Schedule J.
Schedule J, Part I, Line 7 Non-fixed payments
A contractual bonus is paid to the Chief Investment Officer. A discretionary bonus is paid to the Directors of Investments as determined by the CIO and Chair of the Investment Committee based on their 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

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.

  • Foundation Hamilton College

    Education of Spanish language and culture · SP · controlled entity

    Directly controlled by Hamilton College

  • Hamilton in France

    Education of French Language and culture · FR · controlled entity

    Directly controlled by Hamilton College

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Hamilton Property Group LLC

    Rental · NY · income $276,939 · assets $760,871

    Directly controlled by Trustees of Hamilton College

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Pooled Income Funds (2)

    Trust · Trust · NY · controlled entity

    Directly controlled by NA

  • Charitable Remainder Annuity Trusts (2)

    Trust · Trust · NY · controlled entity

    Directly controlled by NA

  • Charitable Remainder Unitrusts (13)

    Trust · Trust · NY · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349315314

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