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President & Trustees of Colby College

Public charityFed auditsIRS 990990-T FY2023
DBA: % ALICIA GARDINER CONTROLLER
Other · WATERVILLE, ME · EIN 01-0211497

About

Colby seeks to provide a unique educational experience and a broad acquaintance with human knowledge to enable each student to fulfill their own unique potential.

In care of Alicia Gardiner Controller

Donations are tax-deductible
Category
Other
Employees
2,915
Volunteers
2,000

Financial Snapshot

FY ending 2023-06-30
Revenue
$287.5M
Expenses
$284.6M
Assets
$2.2B
Liabilities
$411.3M

Financial history

$403.3M$201.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $287.5M · Peak FY2022: $403.3M · Avg: $316.3M

Foreign activity (Schedule F)

Total spent abroad$294.2M
Foreign employees16
Foreign offices2
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean——
Europe (including Iceland and Greenland)——
Sub-Saharan Africa——
Europe (including Iceland and Greenland)——
Middle East and North Africa——
South Asia——
Sub-Saharan Africa——
East Asia and the Pacific——
Central America and the Caribbean——
North America (including Canada and Mexico, but not the United States)——
Europe (including Iceland and Greenland)——
East Asia and the Pacific——
Middle East and North Africa——
Central America and the Caribbean——
South America——

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$86K
Grants Given
$64.5M
PRESIDENT & TRUSTEES OF COLBY COLLEGE
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Address

4130 Mayflower HL
Waterville, ME, 04901-884

Governance

Voting board members34
Independent members32
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %24.0%
Permanent endowment %34.4%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.