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The Trustees of Grinnell College

Public charityFed auditsIRS 990990-T FY2023
Other · GRINNELL, IA · EIN 42-0680387

About

When grinnell college framed its charter in the IOWA territory of the united states in 1846, it SET forth a mission to educate its students "for the different professions and for the honorable discharge of the duties of life." the college pursues that mission by providing an education in the liberal arts through free inquiry and the open exchange of ideas. As a teaching and learning community, the college holds that knowledge is a good to be pursued both for its own SAKE and for the intellectual, moral, and physical well-being of individuals and of society at large. The college exists to provide a lively academic community of students and teachers of high scholarly qualifications from diverse social and cultural circumstances. The college AIMS to graduate individuals who CAN think clearly, who CAN speak and write persuasively and even eloquently, who CAN evaluate critically both their own and others' ideas, who CAN acquire new knowledge, and who are prepared in life and work to use their knowledge and their abilities to serve the common good.

Donations are tax-deductible
Category
Other
Employees
2,514
Volunteers
1,454

Financial Snapshot

FY ending 2023-06-30
Revenue
$364.4M
Expenses
$236.8M
Assets
$3.0B
Liabilities
$278.8M

Financial history

$364.4M$182.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $364.4M · Avg: $267.4M

Foreign activity (Schedule F)

Total spent abroad$959.1M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestYes
RegionActivitySpent
CENTRAL AMERICA & CARIBBEAN
EAST ASIA & THE PACIFIC
EUROPE
MIDDLE EAST & NORTH AFRICA
NORTH AMERICA
RUSSIA AND NEIGHBORING STATES
SOUTH AMERICA
SOUTH ASIA
SUB-SAHARAN AFRICA
EUROPE
SUB-SAHARAN AFRICA
CENTRAL AMERICA & CARIBBEAN
SOUTH ASIA
CENTRAL AMERICA & CARIBBEAN
EAST ASIA AND THE PACIFIC
EUROPE
MIDDLE EAST & NORTH AFRICA
NORTH AMERICA
RUSSIA AND NEIGHBORING STATES
SOUTH AMERICA
SUB-SAHARAN AFRICA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$79.6M
THE TRUSTEES OF GRINNELL COLLEGE
Your actions

Address

733 Broad ST
Grinnell, IA, 50112-222

Governance

Voting board members28
Independent members26
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

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

Financial detail (Schedule D)

Board-designated %66.9%
Permanent endowment %33.1%
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.