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Hillsdale College

Public charity990-T FY2023
DBA: % HILLSDALE COLLEGE
Other · HILLSDALE, MI · EIN 38-1374230

About

Hillsdale college is an independent institution of higher learning founded in 1844 by men and women "grateful to GOD for the inestimable blessings" resulting from civil and religious liberty and "believing that the diffusion of learning is essential to the perpetuity of these blessings." it pursues the stated object of the founders: "to furnish ALL persons who WISH, irrespective of nation, color, or SEX, a literary scientific, [and] theological education" outstanding among american colleges and to combine with this such moral and social instruction as will BEST develop the minds and improve the hearts of its pupils." as a nonsectarian christian institution, hillsdale college maintains "by precept and example" the immemorial teachings and practices of the christian faith. The college also considers itself a trustee of our western philosophical and theological inheritance tracing to athens and jerusalem, a heritage finding its clearest expression in the american experiment of self-government under law. By training the young in the liberal arts, hillsdale college prepares students to become leaders worthy of that legacy. By encouraging the scholarship of its faculty, it contributes to the preservation of that legacy for future generations. By publicly defending that legacy, it enlists the aid of other friends of free civilization and thus secures the conditions of its own survival and independence.

In care of Hillsdale College

Donations are tax-deductible
Category
Other
Employees
2,263
Volunteers
821

Financial Snapshot

FY ending 2023-06-30
Revenue
$320.8M
Expenses
$248.5M
Assets
$1.9B
Liabilities
$283.1M

Financial history

$366.2M$183.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $320.8M · Peak FY2022: $366.2M · Avg: $253.5M

Foreign activity (Schedule F)

Total spent abroad$5.8M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
E ASIA & PACIFIC
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND AND GREENLAND)
EUROPE (INCLUDING ICELAND AND GREENLAND)
EUROPE (INCLUDING ICELAND AND GREENLAND)
NORTH AMERICA
NORTH AMERICA
NORTH AMERICA
NORTH AMERICA
NORTH AMERICA
NORTH AMERICA
SOUTH AMERICA
SUB-SAHARAN AFRICA
SUB-SAHARAN AFRICA
SUB-SAHARAN AFRICA
EUROPE (INCLUDING ICELAND AND GREENLAND)
CENTRAL AMERICA AND THE CARIBBEAN

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$729K
HILLSDALE COLLEGE
Your actions

Address

33 E College ST
Hillsdale, MI, 49242-120

Governance

Voting board members33
Independent members31
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %8.2%
Permanent endowment %91.8%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer
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