Skip to content
Nonprofiteer
← VASSAR COLLEGE

Form 990 for tax year 2024

Filed by VASSAR COLLEGE.

What the amendment changed

Compared with the return it replaced , filed 13 May 2026. 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.

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

Totals

Total revenue
$371,090,212
Total expenses
$352,948,624
Contributions and grants received
$71,052,248
Grants paid
$85,009,408
Program service revenue
$233,062,466
Investment income
$63,135,872
Other revenue
$3,839,626
Total assets, end of year
$2,034,977,708
Total liabilities, end of year
$355,278,897
Net assets or fund balances, end of year
$1,679,698,811
Program services expenses (Part IX)
$278,204,095
Management and general expenses
$60,000,763
Fundraising expenses
$14,743,766
Program service expenses (Part III)
$278,204,095

Program services were 78.8% 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.

  • 1e · Government grants (contributions)

    $4,629,808

  • 1f · All other contributions, gifts and grants

    $66,422,440

  • 1g · Noncash contributions included above

    $18,718,798

  • 2a · Program service revenue: TUITION AND FEES

    total $183,463,928 · related or exempt $183,463,928

  • 2b · Program service revenue: ROOM AND BOARD

    total $43,229,411 · related or exempt $43,229,411

  • 2c · Program service revenue: AUXILIARY REVENUE

    total $3,467,867 · related or exempt $1,240,622 · unrelated business $2,227,245

  • 2d · Program service revenue: OTHER PROGRAM REVENUE

    total $2,901,260 · related or exempt $2,901,260

  • 3 · Investment income

    total $23,379,317 · unrelated business $1,768,771 · excluded $21,610,546

  • 6a · Gross rents

    real property $3,259,355

  • 6b · Less rental expenses

    real property $702,421

  • 6c · Rental income or loss

    real property $2,556,934

  • 6d · Net rental income or loss

    total $2,556,934 · excluded $2,556,934

  • 7a · Gross sales of assets other than inventory

    securities $561,014,295 · other assets $1,109,569

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

    securities $521,398,545 · other assets $968,764

  • 7c · Gain or loss

    securities $39,615,750 · other assets $140,805

  • 7d · Net gain or loss

    total $39,756,555 · excluded $39,756,555

  • 10a · Gross sales of inventory

    $1,899,354

  • 10b · Cost of goods sold

    $891,917

  • 10c · Net income from sales of inventory

    total $1,007,437 · related or exempt $1,007,437

  • 11a · Other revenue: COMMISSION REVENUE

    total $275,255 · excluded $275,255

  • 11e · Other revenue, total

    $275,255

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $210,168 · program services $210,168

  • 2 · Grants to domestic individuals

    total $83,941,045 · program services $83,941,045

  • 3 · Grants to foreign organizations and individuals

    total $858,195 · program services $858,195

  • 5 · Compensation of officers, directors and key employees

    total $4,837,243 · program services $2,922,933 · management and general $1,227,502 · fundraising $686,808

  • 7 · Other salaries and wages

    total $107,793,817 · program services $86,235,054 · management and general $16,169,072 · fundraising $5,389,691

  • 8 · Pension plan contributions

    total $8,717,456 · program services $7,191,901 · management and general $1,089,682 · fundraising $435,873

  • 9 · Other employee benefits

    total $27,005,038 · program services $22,279,156 · management and general $3,375,630 · fundraising $1,350,252

  • 10 · Payroll taxes

    total $8,111,763 · program services $6,489,411 · management and general $1,216,764 · fundraising $405,588

  • 11b · Fees: legal

    total $338,039 · management and general $338,039

  • 11c · Fees: accounting

    total $407,768 · management and general $407,768

  • 11d · Fees: lobbying

    total $77,083 · program services $77,083

  • 11e · Fees: professional fundraising services

    total $33,000 · fundraising $33,000

  • 11f · Fees: investment management

    total $18,429,731 · management and general $18,429,731

  • 11g · Fees: other

    total $8,671,615 · program services $5,172,136 · management and general $437,435 · fundraising $3,062,044

  • 12 · Advertising and promotion

    total $205,700 · program services $148,104 · management and general $10,285 · fundraising $47,311

  • 13 · Office expenses

    total $10,458,589 · program services $6,360,815 · management and general $3,627,342 · fundraising $470,432

  • 14 · Information technology

    total $5,378,644 · program services $5,376,821 · management and general $1,527 · fundraising $296

  • 15 · Royalties

    total $6,668 · program services $3,535 · management and general $3,133

  • 16 · Occupancy

    total $9,799,876 · program services $6,075,923 · management and general $3,625,954 · fundraising $97,999

  • 17 · Travel

    total $4,323,400 · program services $2,680,508 · management and general $475,574 · fundraising $1,167,318

  • 19 · Conferences, conventions and meetings

    total $3,257,571 · program services $1,339,532 · management and general $1,105,956 · fundraising $812,083

  • 20 · Interest

    total $11,147,448 · program services $9,163,586 · management and general $1,785,476 · fundraising $198,386

  • 22 · Depreciation, depletion and amortization

    total $19,187,317 · program services $15,771,975 · management and general $3,073,808 · fundraising $341,534

  • 23 · Insurance

    total $1,768,618 · program services $541,649 · management and general $1,034,724 · fundraising $192,245

  • 24a · Other expenses: FOOD SERVICE

    total $7,041,364 · program services $5,285,543 · management and general $1,755,821

  • 24b · Other expenses: JYA PROGRAMS

    total $5,778,035 · program services $5,778,035

  • 24c · Other expenses: LIBRARY MATERIALS

    total $1,943,930 · program services $1,943,930

  • 24d · Other expenses: MEMBERSHIPS

    total $545,030 · program services $288,700 · management and general $219,386 · fundraising $36,944

  • 24e · All other expenses

    total $2,674,473 · program services $2,068,357 · management and general $590,154 · fundraising $15,962

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,153,793 · end of year $17,218,662

  • 2 · Savings and temporary cash investments

    beginning of year $21,664,281 · end of year $44,512,829

  • 3 · Pledges and grants receivable

    beginning of year $19,174,551 · end of year $15,470,759

  • 4 · Accounts receivable

    beginning of year $363,026 · end of year $250,777

  • 7 · Other notes and loans receivable

    beginning of year $1,495,285 · end of year $1,452,820

  • 8 · Inventories for sale or use

    beginning of year $676,564 · end of year $762,866

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,516,401 · end of year $7,194,333

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

    $1,015,513,187

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

    $469,631,108

  • 10c · Land, buildings and equipment, net

    beginning of year $535,193,371 · end of year $545,882,079

  • 11 · Investments: publicly traded securities

    beginning of year $300,067,015 · end of year $355,764,214

  • 12 · Investments: other securities

    beginning of year $1,018,469,141 · end of year $1,029,852,172

  • 15 · Other assets

    beginning of year $12,334,818 · end of year $16,616,197

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,665,895 · end of year $27,545,552

  • 19 · Deferred revenue

    beginning of year $1,763,826 · end of year $2,219,581

  • 20 · Tax-exempt bond liabilities

    beginning of year $175,234,774 · end of year $172,824,283

  • 24 · Unsecured notes and loans payable

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

  • 25 · Other liabilities

    beginning of year $48,935,918 · end of year $50,489,481

  • 27 · Net assets without donor restrictions

    beginning of year $384,831,561 · end of year $418,375,347

  • 28 · Net assets with donor restrictions

    beginning of year $1,188,476,272 · end of year $1,261,323,464

Mission and programs · 2024

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.

Activities or mission (Part I)

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.

  • INSTRUCTION - SEE SCHEDULE OINSTRUCTION - VASSAR FOSTERS INTELLECTUAL OPENNESS AND EXPLORATION THROUGH ITS VARIED COURSE OFFERINGS WHICH INCLUDES 30 DEPARTMENTS, 3 INTERDEPARTMENTAL PROGRAMS, 14 MULTIDISCIPLINARY PROGRAMS, THE INTERDISCIPLINARY INDEPENDENT PROGRAM, STUDY ABROAD 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 $85M OF AID AND $70M OF ENDOWMENT DRAWN A YEAR.

    Expenses $176,911,697 · Grants $84,799,240 · Revenue $183,463,928

  • ACADEMIC SERVICES - SEE SCHEDULE OACADEMIC 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 APPROXIMATELY 90% AND 6-YEAR GRADUATION RATE THAT OFTEN EXCEEDS 90%. APPROXIMATELY 20% OF VASSAR'S STUDENTS ARE PELL RECIPIENTS WHO HAVE SIMILAR GRADUATION RATES.

    Expenses $39,897,113

  • STUDENT SERVICES - SEE SCHEDULE OSTUDENT 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 $34,669,387 · Revenue $31,092,053

  • OTHER PROGRAM SERVICES INCLUDE RESEARCH EXPENDITURES, GENERAL PROGRAM OVERHEAD COSTS, AND AUXILIARY ENTERPRISE REVENUE AND EXPENDITURES.

    Expenses $26,725,898 · Grants $210,168 · Revenue $19,513,922

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Elizabeth Howe Bradley

    PRESIDENT & TRUSTEE

    Total calculated
    $854,501
    From this org
    $699,725
    From related orgs
    $0
    Other
    $154,776
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $693,655
    Bonus
    $0
    Other
    $6,070
    Deferred
    $41,400
    Nontaxable benefits
    $113,376
    Filer's total
    $854,501
  • Francesca Amann

    TRUSTEE AND COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • 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 BOARD CHAIR

    Total calculated
    $0
    Hours/week
    10
  • Delia Cheung Hom

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Winston Clement

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Eve Derosa

    TRUSTEE (AS OF 07/2024)

    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
  • Anne Green

    TRUSTEE (AS OF 07/2024)

    Total calculated
    $0
    Hours/week
    2
  • 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
  • Susanne Lyons

    TRUSTEE (AS OF 07/2024)

    Total calculated
    $0
    Hours/week
    2
  • John McCormick

    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
  • Kerry Tatlock

    TRUSTEE AND COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Monica Vachher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Timothy Kane

    VP FOR ADVANCEMENT

    Total calculated
    $458,061
    From this org
    $377,996
    From related orgs
    $0
    Other
    $80,065
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $376,808
    Bonus
    $0
    Other
    $1,188
    Deferred
    $41,400
    Nontaxable benefits
    $38,665
    Filer's total
    $458,061
  • Bryan A Swarthout

    VP FOR FINANCE & ADMINISTRATION

    Total calculated
    $401,704
    From this org
    $326,311
    From related orgs
    $0
    Other
    $75,393
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $302,701
    Bonus
    $0
    Other
    $23,610
    Deferred
    $40,424
    Nontaxable benefits
    $34,969
    Filer's total
    $401,704
  • Carlos Leoncio Garcia - Vp For

    TECH. & HR / CHIEF INFO. OFFICER

    Total calculated
    $354,549
    From this org
    $282,849
    From related orgs
    $0
    Other
    $71,700
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,669
    Bonus
    $0
    Other
    $180
    Deferred
    $35,381
    Nontaxable benefits
    $36,319
    Filer's total
    $354,549
  • Carlos Alamo

    DEAN OF COLLEGE

    Total calculated
    $361,731
    From this org
    $299,234
    From related orgs
    $0
    Other
    $62,497
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,714
    Bonus
    $0
    Other
    $9,520
    Deferred
    $35,686
    Nontaxable benefits
    $26,811
    Filer's total
    $361,731
  • Shay Humphrey

    GENERAL COUNSEL

    Total calculated
    $336,736
    From this org
    $288,429
    From related orgs
    $0
    Other
    $48,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,655
    Bonus
    $0
    Other
    $774
    Deferred
    $34,799
    Nontaxable benefits
    $13,508
    Filer's total
    $336,736
  • Victoria Grantham

    VP FOR COMMUNICATIONS

    Total calculated
    $300,635
    From this org
    $267,000
    From related orgs
    $0
    Other
    $33,635
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,627
    Bonus
    $0
    Other
    $14,373
    Deferred
    $31,746
    Nontaxable benefits
    $1,889
    Filer's total
    $300,635
  • Sonya Smith - Dean Of Admin

    & STUDENT FIN. SERVICES

    Total calculated
    $305,661
    From this org
    $260,512
    From related orgs
    $0
    Other
    $45,149
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,098
    Bonus
    $0
    Other
    $414
    Deferred
    $31,492
    Nontaxable benefits
    $13,657
    Filer's total
    $305,661
  • Marianne Begemann - Dean Of

    STRAT. PLANNING & ACADEMIC RESOURCES

    Total calculated
    $296,417
    From this org
    $250,563
    From related orgs
    $0
    Other
    $45,854
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,377
    Bonus
    $0
    Other
    $7,186
    Deferred
    $29,891
    Nontaxable benefits
    $15,963
    Filer's total
    $296,417
  • Angelique Crump

    CONTROLLER (THRU 06/2025)

    Total calculated
    $226,875
    From this org
    $165,353
    From related orgs
    $0
    Other
    $61,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,117
    Bonus
    $0
    Other
    $236
    Deferred
    $21,700
    Nontaxable benefits
    $39,822
    Filer's total
    $226,875
  • Brian Daly

    INT. DEAN OF FACULTY (AS OF 07/2024)

    Total calculated
    $235,253
    From this org
    $201,968
    From related orgs
    $0
    Other
    $33,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,170
    Bonus
    $0
    Other
    $2,798
    Deferred
    $24,837
    Nontaxable benefits
    $8,448
    Filer's total
    $235,253
  • Gladwyn Lopez - Avp Deputy

    TO THE VP FOR COMMUNICATIONS

    Total calculated
    $200,831
    From this org
    $142,877
    From related orgs
    $0
    Other
    $57,954
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,595
    Bonus
    $0
    Other
    $3,282
    Deferred
    $18,907
    Nontaxable benefits
    $39,047
    Filer's total
    $200,831
  • Wesley Dixon

    SECRETARY OF THE BOARD

    Total calculated
    $212,880
    From this org
    $182,488
    From related orgs
    $0
    Other
    $30,392
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,359
    Bonus
    $0
    Other
    $1,129
    Deferred
    $16,766
    Nontaxable benefits
    $13,626
    Filer's total
    $212,880
  • William Hoynes

    PROFESSOR OF SOCIOLOGY

    Total calculated
    $359,260
    From this org
    $294,280
    From related orgs
    $0
    Other
    $64,980
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $293,092
    Bonus
    $0
    Other
    $1,188
    Deferred
    $36,418
    Nontaxable benefits
    $28,562
    Filer's total
    $359,260
  • Robert K Brigham

    PROFESSOR OF HISTORY

    Total calculated
    $340,505
    From this org
    $272,660
    From related orgs
    $0
    Other
    $67,845
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,728
    Bonus
    $0
    Other
    $42,932
    Deferred
    $33,715
    Nontaxable benefits
    $34,130
    Filer's total
    $340,505
  • Robert Demaria

    PROFESSOR OF ENGLISH

    Total calculated
    $305,235
    From this org
    $243,378
    From related orgs
    $0
    Other
    $61,857
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,692
    Bonus
    $0
    Other
    $5,686
    Deferred
    $30,168
    Nontaxable benefits
    $31,689
    Filer's total
    $305,235
  • David A Kennett

    PROFESSOR OF ECONOMICS

    Total calculated
    $279,933
    From this org
    $223,881
    From related orgs
    $0
    Other
    $56,052
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,195
    Bonus
    $0
    Other
    $5,686
    Deferred
    $27,458
    Nontaxable benefits
    $28,594
    Filer's total
    $279,933
  • Lizabeth Paravisini-Gebert

    PROFESSOR OF HISPANIC STUDIES

    Total calculated
    $262,728
    From this org
    $221,048
    From related orgs
    $0
    Other
    $41,680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,012
    Bonus
    $0
    Other
    $2,036
    Deferred
    $26,739
    Nontaxable benefits
    $14,941
    Filer's total
    $262,728

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

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.
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 $288,521 · assets $8,569,370

    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 TRUSTS (2)

    T · INVESTMENT SUPPORT · NY

Provenance

Return type
form_990
Tax year
2024
Filed
24 September 2026
IRS schema version
2024v5.5
Source object
202602679349300915

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

The source document this was parsed from is served over the API, which is where bulk and document access live.