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Nonprofiteer
← VASSAR COLLEGE

Form 990 for tax year 2023

Filed by VASSAR 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This return was superseded by a later amendment.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 . matched by us Only the Part I totals and the names listed in Part VII 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.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$327,504,520
Total expenses
$321,644,155
Contributions and grants received
$74,159,081
Grants paid
$75,671,471
Program service revenue
$215,561,909
Investment income
$34,271,461
Other revenue
$3,512,069
Total assets, end of year
$1,926,108,246
Total liabilities, end of year
$352,800,413
Net assets or fund balances, end of year
$1,573,307,833
Program services expenses (Part IX)
$256,436,714
Management and general expenses
$50,922,216
Fundraising expenses
$14,285,225
Program service expenses (Part III)
$256,436,714

Program services were 79.7% 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

    $73,851

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $2,986,984

  • 1f · All other contributions, gifts and grants

    $71,098,246

  • 1g · Noncash contributions included above

    $6,521,987

  • 2a · Program service revenue: Tuition and Fees

    total $172,049,220 · related or exempt $172,049,220 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Room and Board

    total $40,995,732 · related or exempt $40,995,732 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Other Program Revenue

    total $2,516,957 · related or exempt $2,516,957 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $15,418,105 · related or exempt $0 · unrelated business -$1,059 · excluded $15,419,164

  • 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 $2,224,945 · personal property $0

  • 6b · Less rental expenses

    real property $710,585 · personal property $0

  • 6c · Rental income or loss

    real property $1,514,360 · personal property $0

  • 6d · Net rental income or loss

    total $1,514,360 · related or exempt $0 · unrelated business $0 · excluded $1,514,360

  • 7a · Gross sales of assets other than inventory

    securities $412,908,547 · other assets $81,788

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

    securities $394,072,937 · other assets $64,042

  • 7c · Gain or loss

    securities $18,835,610 · other assets $17,746

  • 7d · Net gain or loss

    total $18,853,356 · related or exempt $0 · unrelated business $154,073 · excluded $18,699,283

  • 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

    $731,179

  • 10b · Cost of goods sold

    $424,942

  • 10c · Net income from sales of inventory

    total $306,237 · related or exempt $306,237 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Auxiliary Revenue

    total $1,399,241 · related or exempt $1,399,241 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Commission Revenue

    total $292,231 · related or exempt $0 · unrelated business $0 · excluded $292,231

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $1,691,472

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $229,093 · program services $229,093

  • 2 · Grants to domestic individuals

    total $74,751,062 · program services $74,751,062

  • 3 · Grants to foreign organizations and individuals

    total $691,316 · program services $691,316

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $4,586,140 · program services $2,722,327 · management and general $1,159,190 · fundraising $704,623

  • 6 · Compensation of disqualified persons

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

  • 7 · Other salaries and wages

    total $100,517,005 · program services $80,413,604 · management and general $15,077,551 · fundraising $5,025,850

  • 8 · Pension plan contributions

    total $8,144,232 · program services $6,718,991 · management and general $1,018,029 · fundraising $407,212

  • 9 · Other employee benefits

    total $26,847,984 · program services $22,149,587 · management and general $3,355,998 · fundraising $1,342,399

  • 10 · Payroll taxes

    total $7,685,435 · program services $6,148,348 · management and general $1,152,815 · fundraising $384,272

  • 11a · Fees: management

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

  • 11b · Fees: legal

    total $243,619 · program services $0 · management and general $243,619 · fundraising $0

  • 11c · Fees: accounting

    total $333,030 · program services $0 · management and general $333,030 · fundraising $0

  • 11d · Fees: lobbying

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

  • 11e · Fees: professional fundraising services

    total $94,000 · fundraising $94,000

  • 11f · Fees: investment management

    total $12,126,800 · program services $0 · management and general $12,126,800 · fundraising $0

  • 11g · Fees: other

    total $6,639,980 · program services $3,983,988 · management and general $331,999 · fundraising $2,323,993

  • 12 · Advertising and promotion

    total $81,283 · program services $58,524 · management and general $4,064 · fundraising $18,695

  • 13 · Office expenses

    total $8,763,610 · program services $5,353,268 · management and general $2,988,930 · fundraising $421,412

  • 14 · Information technology

    total $4,624,685 · program services $4,614,577 · management and general $8,469 · fundraising $1,639

  • 15 · Royalties

    total $18,080 · program services $17,596 · management and general $484 · fundraising $0

  • 16 · Occupancy

    total $10,032,213 · program services $6,219,972 · management and general $3,711,919 · fundraising $100,322

  • 17 · Travel

    total $4,545,961 · program services $2,818,496 · management and general $500,056 · fundraising $1,227,409

  • 18 · Travel or entertainment for public officials

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

  • 19 · Conferences, conventions and meetings

    total $3,486,488 · program services $1,131,409 · management and general $936,895 · fundraising $1,418,184

  • 20 · Interest

    total $11,397,667 · program services $9,298,607 · management and general $1,889,154 · fundraising $209,906

  • 21 · Payments to affiliates

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

  • 22 · Depreciation, depletion and amortization

    total $17,402,145 · program services $14,172,307 · management and general $2,906,854 · fundraising $322,984

  • 23 · Insurance

    total $1,543,241 · program services $305,352 · management and general $1,010,182 · fundraising $227,707

  • 24a · Other expenses: Food Service

    total $7,185,712 · program services $5,389,284 · management and general $1,796,428 · fundraising $0

  • 24b · Other expenses: JYA Programs

    total $4,826,114 · program services $4,826,114 · management and general $0 · fundraising $0

  • 24c · Other expenses: Library Materials

    total $2,451,223 · program services $2,451,223 · management and general $0 · fundraising $0

  • 24d · Other expenses: Memberships

    total $504,648 · program services $272,632 · management and general $196,119 · fundraising $35,897

  • 24e · All other expenses

    total $1,891,389 · program services $1,699,037 · management and general $173,631 · fundraising $18,721

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $15,765,369 · end of year $10,153,793

  • 2 · Savings and temporary cash investments

    beginning of year $14,083,751 · end of year $21,664,281

  • 3 · Pledges and grants receivable

    beginning of year $14,317,745 · end of year $19,174,551

  • 4 · Accounts receivable

    beginning of year $424,006 · end of year $363,026

  • 7 · Other notes and loans receivable

    beginning of year $1,805,835 · end of year $1,495,285

  • 8 · Inventories for sale or use

    beginning of year $698,973 · end of year $676,564

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,982,236 · end of year $6,516,401

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

    $985,369,182

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

    $450,175,811

  • 10c · Land, buildings and equipment, net

    beginning of year $503,802,942 · end of year $535,193,371

  • 11 · Investments: publicly traded securities

    beginning of year $260,662,864 · end of year $296,740,313

  • 12 · Investments: other securities

    beginning of year $1,008,126,763 · end of year $1,021,795,843

  • 15 · Other assets

    beginning of year $11,792,813 · end of year $12,334,818

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,933,674 · end of year $24,665,895

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $2,025,144 · end of year $1,763,826

  • 20 · Tax-exempt bond liabilities

    beginning of year $177,590,265 · end of year $175,234,774

  • 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

  • 24 · Unsecured notes and loans payable

    beginning of year $102,200,000 · end of year $102,200,000

  • 25 · Other liabilities

    beginning of year $56,790,275 · end of year $48,935,918

  • 27 · Net assets without donor restrictions

    beginning of year $338,663,990 · end of year $384,831,561

  • 28 · Net assets with donor restrictions

    beginning of year $1,130,259,949 · end of year $1,188,476,272

Mission and programs · 2023

Mission

The mission of Vassar College is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. The College makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. Vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. Founded in 1861 to provide women an education equal to that once available only to men, Vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive.

  • Instruction - Vassar fosters intellectual openness and exploration through its varied course offerings which includes 30 departments, 3 interdepartmental programs, 14 multidisciplinary programs, and 50 majors offering over 1,000 courses. Students are encouraged to develop different perspectives through engaging in dialogue with faculty and fellow students, working on closely mentored independent research and creative projects, and participating in various forms of community-engaged learning, all of which enable them to achieve the insight and confidence needed to function most effectively in today's complex world. The College admits students in early and regular decision without consideration for the student's ability to pay then meets the full demonstrated need of the student for all four years of their education. This generous financial aid program is enabled by the College's endowment with about $80M of aid and $70M of endowment drawn a year.

    Expenses $160,949,962 · Grants $75,442,378 · Revenue $172,049,220

  • Academic Services - The College provides significant academic support services to enhance and strengthen students' educational experiences and outcomes. This includes faculty advising from new student orientation through graduation, a library with more than a million books and access to thousands of online journals, an art museum that supports education through the preservation, documentation, interpretation, presentation, and development of its collections; a robust international programs office that supports students' global education, as well as many other support resources that improve student outcomes. These robust academic support services contribute to Vassar's overall four-year graduation rate of almost 90% and 6-year graduation rate that often exceeds 90%. Approximately 20% of Vassar's students are Pell recipients with similar graduation rates.

    Expenses $38,533,789

  • Student Services - As a residential college, Vassar is committed to providing support services to help students make the most of their time at Vassar. The division of the Dean of the College provides and coordinates services that improve the quality of academic and co-curricular student life. These services include a robust residential life program, which includes faculty and staff delivering programming to enhance the on-campus student experience. This also includes medical and mental health services to help students maintain their holistic well-being through graduation as well as career education services, which help students plan for their post-graduation career. These services contribute to the high graduation and retention rates and also contribute to high job and graduate school placement rates. Over 90% of students are employed, enrolled in graduate school, or receive a competitive fellowship within 6-months of graduation.

    Expenses $33,074,833 · Revenue $29,484,441

  • Other program services include research expenditures, general program overhead costs, and auxiliary enterprise revenue and expenditures.

    Expenses $23,878,130 · Grants $229,093 · Revenue $15,733,726

As filed on the 2023 return.

Listed in Part VII

  • Elizabeth Howe Bradley

    President and Trustee

    Total calculated
    $820,158
    From this org
    $673,418
    From related orgs
    $0
    Other
    $146,740
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $667,594
    Bonus
    $0
    Other
    $5,824
    Deferred
    $39,600
    Nontaxable benefits
    $107,140
    Filer's total
    $820,158

  • Timothy Kane

    VP for Alumnae Affairs and Dev

    Total calculated
    $508,890
    From this org
    $364,752
    From related orgs
    $0
    Other
    $144,138
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $363,564
    Bonus
    $0
    Other
    $1,188
    Deferred
    $39,600
    Nontaxable benefits
    $104,538
    Filer's total
    $508,890

  • Bryan A Swarthout

    VP for Fin and Admin

    Total calculated
    $410,351
    From this org
    $337,048
    From related orgs
    $0
    Other
    $73,303
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,368
    Bonus
    $0
    Other
    $22,680
    Deferred
    $39,057
    Nontaxable benefits
    $34,246
    Filer's total
    $410,351

  • William Hoynes

    Dean of Faculty

    Total calculated
    $352,758
    From this org
    $289,593
    From related orgs
    $0
    Other
    $63,165
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,113
    Bonus
    $0
    Other
    $6,480
    Deferred
    $35,802
    Nontaxable benefits
    $27,362
    Filer's total
    $352,757

  • Carlos Leoncio Garcia

    VP for Tech and HR; Chief Information Officer

    Total calculated
    $341,986
    From this org
    $277,747
    From related orgs
    $0
    Other
    $64,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,747
    Bonus
    $0
    Other
    $3,000
    Deferred
    $34,143
    Nontaxable benefits
    $30,096
    Filer's total
    $341,986

  • Carlos Alamo

    Dean of College

    Total calculated
    $332,959
    From this org
    $279,348
    From related orgs
    $0
    Other
    $53,611
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,211
    Bonus
    $0
    Other
    $2,137
    Deferred
    $33,578
    Nontaxable benefits
    $20,034
    Filer's total
    $332,960

  • Robert K Brigham

    Professor of History

    Total calculated
    $310,209
    From this org
    $247,113
    From related orgs
    $0
    Other
    $63,096
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,052
    Bonus
    $0
    Other
    $29,062
    Deferred
    $30,405
    Nontaxable benefits
    $32,690
    Filer's total
    $310,209

  • Robert DeMaria

    Professor of English

    Total calculated
    $289,444
    From this org
    $231,188
    From related orgs
    $0
    Other
    $58,256
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,702
    Bonus
    $0
    Other
    $4,486
    Deferred
    $28,686
    Nontaxable benefits
    $29,570
    Filer's total
    $289,444

  • Marianne Begemann

    Dean of Str Plan and Acad Res

    Total calculated
    $285,025
    From this org
    $240,279
    From related orgs
    $0
    Other
    $44,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,643
    Bonus
    $0
    Other
    $5,636
    Deferred
    $28,880
    Nontaxable benefits
    $15,866
    Filer's total
    $285,025

  • Lizabeth Paravisini-Gebert

    Professor of Hispanic Studies

    Total calculated
    $279,523
    From this org
    $236,610
    From related orgs
    $0
    Other
    $42,913
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,401
    Bonus
    $0
    Other
    $29,209
    Deferred
    $28,540
    Nontaxable benefits
    $14,373
    Filer's total
    $279,523

  • Sonya Smith

    Dean of Admissions and Student Fin Services

    Total calculated
    $278,475
    From this org
    $236,730
    From related orgs
    $0
    Other
    $41,745
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,082
    Bonus
    $0
    Other
    $12,648
    Deferred
    $28,628
    Nontaxable benefits
    $13,117
    Filer's total
    $278,475

  • David A Kennett

    Professor of Economics

    Total calculated
    $265,300
    From this org
    $211,803
    From related orgs
    $0
    Other
    $53,497
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,517
    Bonus
    $0
    Other
    $4,286
    Deferred
    $26,121
    Nontaxable benefits
    $27,376
    Filer's total
    $265,300

  • Maxine Coleman

    Assistant VP for Facilities Operations

    Total calculated
    $262,060
    From this org
    $202,154
    From related orgs
    $0
    Other
    $59,906
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,974
    Bonus
    $0
    Other
    $180
    Deferred
    $25,641
    Nontaxable benefits
    $34,265
    Filer's total
    $262,060

  • Angelique Crump

    Controller

    Total calculated
    $252,432
    From this org
    $160,274
    From related orgs
    $0
    Other
    $92,158
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,049
    Bonus
    $0
    Other
    $225
    Deferred
    $20,966
    Nontaxable benefits
    $71,192
    Filer's total
    $252,432

  • Shay Humphrey - From 04 2023

    General Counsel

    Total calculated
    $243,504
    From this org
    $212,385
    From related orgs
    $0
    Other
    $31,119
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,247
    Bonus
    $0
    Other
    $138
    Deferred
    $22,800
    Nontaxable benefits
    $8,319
    Filer's total
    $243,504

  • Gladwyn Lopez - Thru 07 2023

    Interim VP for Communications

    Total calculated
    $210,016
    From this org
    $153,566
    From related orgs
    $0
    Other
    $56,450
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,904
    Bonus
    $0
    Other
    $1,662
    Deferred
    $19,995
    Nontaxable benefits
    $36,455
    Filer's total
    $210,016

  • Wesley Dixon

    Secretary of the Board

    Total calculated
    $198,980
    From this org
    $173,607
    From related orgs
    $0
    Other
    $25,373
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,486
    Bonus
    $0
    Other
    $121
    Deferred
    $12,302
    Nontaxable benefits
    $13,071
    Filer's total
    $198,980

  • Victoria Grantham - From 07 2023

    VP for Communications

    Total calculated
    $137,070
    From this org
    $123,613
    From related orgs
    $0
    Other
    $13,457
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $119,258
    Bonus
    $0
    Other
    $4,356
    Deferred
    $13,000
    Nontaxable benefits
    $457
    Filer's total
    $137,071

  • Francesca Amann

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Eric Beringause

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Jason Blum

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Ernie Ceberio

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Sharon Chang

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Delia Cheung Hom

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Winston Clement

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Patrick DeYoung

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Brian Farkas

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Lee Feinstein

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Robyn Field

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Tyrone Forman

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Anthony J Friscia

    Trustee and Board Chair

    Total calculated
    $0
    Hours/week
    10

  • Amy Guerly

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Haas

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Leslie Jackson Chihuly

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Eric Liu

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • John McCormick

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Mark Ordan

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Carol S Ostrow

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Cynthia Patton

    Trustee and Committee Chair

    Total calculated
    $0
    Hours/week
    4

  • Kathy Putnam

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Alexandra Shiva

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Robert Tanenbaum

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Kerry Tatlock

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Monica Vachher

    Trustee

    Total calculated
    $0
    Hours/week
    2

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 · 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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
On campus housing is provided for the President as a condition of employment and for the convenience of the College. In addition, housekeeping service is also provided for the President. The estimated value of this housing and housekeeping service is included in Part II, column D.
Schedule J, Part I, Line 3
Vassar participates in a third party data collection process with 20 peer colleges. We submit data annually to a professional compensation analyst, who summarizes the data as a range with quartiles. The information is provided to the Personnel and Compensation Committee of the Board of Trustees, who will use this information to determine raises for all Senior Officers and reports their findings through the President and the Vice President for Technology and Human Resources and Chief Information Officer. Committee records are maintained by the Secretary of the Board of Trustees for the permanent files of the Board. We believe our policy meets the requirements of the rebuttable presumption.

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

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.

  • College Properties LLC

    Realty Investment · NY · income -$263,523 · assets $8,031,356

    Directly controlled by VASSAR COLLEGE

Related corporations and trusts

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

  • POOLED INCOME FUNDS (3)

    T · INVESTMENT SUPPORT · NY

  • CHARITABLE REMAINDER UNITRUSTS (12)

    T · INVESTMENT SUPPORT · NY

  • CHARITABLE REMAINDER ANNUITY TRUST (2)

    T · INVESTMENT SUPPORT · NY

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202511359349305121

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