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Vassar College

Public charityFed auditsIRS 990990-T FY2023
DBA: % CONTROLLER
Other · POUGHKEEPSIE, NY · EIN 14-1338587

About

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.

In care of Controller

Donations are tax-deductible
Category
Other
Employees
3,547
Volunteers
2,347

Financial Snapshot

FY ending 2023-06-30
Revenue
$284.4M
Expenses
$305.4M
Assets
$1.8B
Liabilities
$368.5M

Financial history

$311.4M$155.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $284.4M · Peak FY2017: $311.4M · Avg: $284.6M

Foreign activity (Schedule F)

Total spent abroad$375.3M
Foreign employees6
Foreign offices6
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Europe (including Iceland and Greenland)
Europe (including Iceland and Greenland)
Central America and the Caribbean
Europe (including Iceland and Greenland)
North America (including Canada and Mexico, but not the United States)

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
$0
Grants Given
$72.4M
VASSAR COLLEGE
Your actions

Address

124 Raymond AVE
Poughkeepsie, NY, 12604-000

Governance

Voting board members28
Independent members27
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

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

Financial detail (Schedule D)

Board-designated %14.3%
Permanent endowment %37.8%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$0
Net to org-$52K
Retained by contractors$52K
ChannelsMail · Phone · Email · In-person · Grant solicitation
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.