NonprofitsBeloit College

Education

Beloit College

BELOIT, WI

Total revenue

$82.4M

Total expenses

$85.9M

Net assets

$178.4M

Grants received

$10.6M

303 grants

EIN

390808497

Tax year

2023

Mission

Beloit college is a residential, independent, national liberal arts college and wisconsin's oldest continuous institution of higher learning. The college is a national leader in delivering a rigorous, time-tested liberal arts experience that students are required to apply and test in their chosen fields of study, local community, social organizations and around the world. The college's commitment to its students, faculty, staff, namesake city and world are called out in its mission statement, a student-ratified statement of culture, as well as its public commitments to inclusivity and diversity, access, and the public good. To learn more about beloit, visit www.beloit.edu/our-story/.

Financials

FY 2023

Revenue

Contributions & grants$19.2M
Program service revenue$57.8M
Investment income$3.4M
Other revenue$2.0M
Total revenue$82.4M

Expenses

Grants paid$37.0M
Salaries & benefits$24.4M
Fundraising$2.0M
Other expenses$24.4M
Total expenses$85.9M
Total assets$209.6M
Net assets$178.4M

People

47 listed

NameRoleCompensation

MR ERIC BOYNTON

PRESIDENT

Board

$275K

40 hrs/wk

MS STACIE T SCOTT TREASVP

FINANCE & PLANNING (UNTIL 3/22/24)

Board

$200K

40 hrs/wk

MR DANIEL SCHOOFF

VP ADVANCEMENT

Board

$184K

40 hrs/wk

MR CECIL YOUNGBLOOD

DEAN OF EQUITY, COMMUNITY & STUDENT

Board

$172K

40 hrs/wk

MS DONNA OLIVER

PROVOST AND DEAN OF THE COLLEGE

Board

$157K

40 hrs/wk

MS LESLIE DAVIDSON

VP OF ENROLLMENT (UNTIL 09/29/23)

Board

$133K

40 hrs/wk

MS LORRAINE RHEAD VP OF HR

& OPERATIONS (UNTIL 12/31/23)

Board

$133K

40 hrs/wk

MS ERICA DANIELS SECRETARY

& CHIEF OF STAFF (UNTIL 05/31/24)

Board

$121K

40 hrs/wk

MS TORI J KEY

TRUSTEE

Board

1 hrs/wk

MS JOANNA KUTTER

TRUSTEE

Board

1 hrs/wk

MR STEPHEN MAHLE

TRUSTEE

Board

1 hrs/wk

MS CECILY MAJERUS

TRUSTEE

Board

1 hrs/wk

MR TIM MCKEVETT

TRUSTEE

Board

1 hrs/wk

MR ZACH MESSITTE

TRUSTEE

Board

1 hrs/wk

MS JUDITH A MILLER

TRUSTEE

Board

1 hrs/wk

MR THOMAS O'NEILL

TRUSTEE (UNTIL 10/31/23)

Board

1 hrs/wk

MS SUDHA PAVULURI QUAMME MD

TRUSTEE

Board

1 hrs/wk

MS MARGARET ROBINSON

TRUSTEE

Board

1 hrs/wk

MS ANGELA RUSSELL

TRUSTEE

Board

1 hrs/wk

MR ROY SCHNEIDERMAN

TRUSTEE

Board

1 hrs/wk

MR ROBERT SHAW

TRUSTEE

Board

1 hrs/wk

MR THOMAS WALCOTT

TRUSTEE

Board

1 hrs/wk

MR DICK NIEMIEC

CHAIR

Board

1 hrs/wk

MR DON WYATT

TRUSTEE

Board

1 hrs/wk

MR ROBERT YOUNG

TRUSTEE

Board

1 hrs/wk

MS ELLENOR ANDERBYRNE

SECRETARY/CHIEF OF STAFF

Board

40 hrs/wk

MS KAREN SCHEDIN

VP FOR ENROLLMENT

Board

40 hrs/wk

MS NINA WEISSBERG

TRUSTEE

Board

1 hrs/wk

MS PHYLLIS WOLFF BANUCCI

TRUSTEE (UNTIL 08/01/23)

Board

1 hrs/wk

MR CHRISTOPHER D BARTOL

TRUSTEE

Board

1 hrs/wk

MR OSCAR CARDONA JR

TRUSTEE (UNTIL 12/31/23)

Board

1 hrs/wk

MR DONALD CARSON

TRUSTEE

Board

1 hrs/wk

MR ALEX CATALAN

TRUSTEE

Board

1 hrs/wk

MR RAJ FERNANDO

TRUSTEE

Board

1 hrs/wk

MR BILL FITZGERALD

TRUSTEE

Board

1 hrs/wk

MR PAUL FOSTER

TRUSTEE

Board

1 hrs/wk

MS JO FROMAN

TRUSTEE

Board

1 hrs/wk

MR ALAN GEORGE

TRUSTEE

Board

1 hrs/wk

MS OCEANA R GILLIAM

TRUSTEE

Board

1 hrs/wk

MR PHEE BOON KANG

TRUSTEE

Board

1 hrs/wk

MR DONALD KENT

TRUSTEE

Board

1 hrs/wk

DR H SCOTT BIERMAN

FORMER PRESIDENT

Staff

$389K

0

MR EDWARD WILDER

CHIEF INFORMATION OFFICER

Staff

$137K

40 hrs/wk

MS MARTHA STOLZE

DIRECTOR OF ADMISSIONS

Staff

$109K

40 hrs/wk

MS YAFFA GROSSMAN

REGISTRAR

Staff

$105K

40 hrs/wk

MS HEATHER MCLEAN

ASSOCIATE VP - HUMAN RESOURCES

Staff

$103K

40 hrs/wk

MR DAVID DEGEORGE

DIRECTOR OF ATHLETICS

Staff

$100K

40 hrs/wk

Independent contractors

BON APPETIT MANAGEMENT CO

FOOD SERVICE

$3.3M

BRABAZON TITLE TEAM GROUP LLC

TITLE SERVICES

$1.5M

FURMAN BROS LLC

MAINTENANCE SERVICES

$553K

ANGUS-YOUNG ASSOCIATES INC

ARCHITECTURAL SERVICES

$440K

HC ANDERSON ROOFING CO INC

ROOFING SERVICES

$263K

Grants received

Showing 200 of 303

FromAmountPurposeYear
$460K
PROGRAM SUPPORT
2024
$250K
General & Unrestricted
2024
$170K
WISCONSIN GRANT SHORTFALL
2024
$107K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$100K
GENERAL SUPPORT
2024
$55K
FACULTY DEVELOPMENT
2024
$50K
Robert E Porter's pledge fund
2024
$45K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2024
$35K
ASSIST IN COMMUNITY PROGRAMS.
2024
$34K
GENERAL MISSION
2024
$34K
Education
2024
$25K
Need-based financial aid
2024
$25K
GENERAL SUPPORT
2024
$25K
INDEPENDENT COLLEGE GRANT
2024
$24K
VICTOR VEGA EDUCATIONAL FUND
2024
$14K
SCIENCE SCHOLARSHIPS
2024
$10K
GENERAL SUPPORT
2024
$10K
TO ASSIST BELOIT COLLEGE WITH THEIR MISSION OF PREPARING STUDENTS FOR SUCCESSFUL FUTURES AND MEANINGFUL LIVES, ENCOURAGING THEM TO STRENGTHEN THEIR ENGAGEMENT WITH AND IMPACT ON THE REAL WORLD. FOUNDATION PRESIDENT MEETS WITH GRANT RECIPIENT ON AN ANNUAL BASIS TO ENSURE COMPLIANCE.
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$6K
Unrestricted
2024
$5K
GENERAL SUPPORT
2024
$1K
SCIENCE SCHOLARSHIPS
2024
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$1K
SCHOLARSHIPS
2024
$917
EXEMPT PURPOSE OF ORGANIZATION
2024
$500
EDUCATIONAL
2024
$460K
PROGRAM SUPPORT
2023
$341K
For grant recipient's exempt purposes
2023
$114K
FACULTY DEVELOPMENT
2023
$110K
GENERAL
2023
$106K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
GENERAL OPERATING PURPOSE
2023
$100K
Beloit Channel Initiative
2023
$75K
CAPITAL CAMPAIGN
2023
$50K
General support for programs, operations and other charitable purposes
2023
$50K
Tuition Awards & Environmental Experience Grant(s) To Grow Able & Passionate Environmental Stewards
2023
$50K
Beloit Channel Initiative
2023
$45K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$34K
GENERAL OPERATING SUPPORT
2023
$31K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$30K
DONOR-ADVISED, EDUCATION
2023
$28K
VICTOR VEGA EDUCATIONAL FUND :: BELOIT COLLEGE
2023
$25K
EXEMPT PURPOSE OF ORGANIZATION
2023
$25K
Scholarship program
2023
$21K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
2024SCIENCE SCHOLARSHIPS
2023
$10K
TO ASSIST BELOIT COLLEGE WITH THEIR MISSION OF PREPARING STUDENTS FOR SUCCESSFUL FUTURES AND MEANINGFUL LIVES, ENCOURAGING THEM TO STRENGTHEN THEIR ENGAGEMENT WITH AND IMPACT ON THE REAL WORLD. FOUNDATION PRESIDENT MEETS WITH GRANT RECIPIENT ON AN ANNUAL BASIS TO ENSURE COMPLIANCE.
2023
$10K
GRANT IN SUPPORT OF HUMANITIES PROGRAMMING
2023
$9K
CHARITABLE DONATION
2023
$8K
Matching Gifts
2023
$7K
GENERAL OPERATING
2023
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
PROVIDE SUPPORT FOR EDUCATIONAL PURSUITS
2023
$5K
GENERAL SUPPORT
2023
$5K
GENERAL SUPPORT
2023
$5K
Make48 Invention Competition
2023
$4K
EDUCATIONAL, RELIGIOUS OR SOCIAL WELFARE PURPOSES
2023
$3K
Unrestricted
2023
$2K
FOR EDUCATIONAL SUPPLIES AND EXPENSES
2023
$2K
MATCHING GIFTS
2023
$2K
Program Support
2023
$1K
PROGRAM SUPPORT
2023
$1K
Financial support of students
2023
$1K
EDUCATIONAL
2023
$1K
ANNUAL FUND
2023
$1K
SCHOLARSHIPS
2023
$1K
FELLOWSHIPS
2023
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$750
EMPLOYEE GIVING PROGRAM
2023
$500
GENERAL SUPPORT
2023
$400
VOLUNTEER GRANT GRANT
2023
$100
CHARITABLE AND EDUCATION
2023
$50
VOLUNTEER PROGRAM
2023
$400K
PROGRAM SUPPORT
2022
$167K
For grant recipient's exempt purposes
2022
$110K
GENERAL
2022
$100K
Beloit Channel Initiative FUND
2022
$87K
FACULTY DEVELOPMENT
2022
$75K
CAPITAL CAMPAIGN
2022
$50K
Beloit Channel Initiative FUND
2022
$48K
TO AID DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT ACTIVITIES.
2022
$35K
Tuition Awards & Environmental Experience Grant(s) To Grow Able & Passionate Environmental Stewards
2022
$35K
ASSIST IN COMMUNITY PROGRAMS.
2022
$28K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$25K
Need-based financial aid scholarships
2022
$25K
FUNDING CONSTRUCTION AND REPAIR OF OLD BUILDINGS
2022
$21K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$20K
SCIENCE SCHOLARSHIPS
2022
$18K
GENERAL SUPPORT
2022
$18K
SCHOLARSHIP WITH CRITERIA
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT
2022
$11K
EXEMPT PURPOSE OF ORGANIZATION
2022
$8K
FY'22 MATCHING GIFTS
2022
$7K
GENERAL OPERATING
2022
$7K
EDUCATION PROGRAM SUPPORT
2022
$6K
SCHOLARSHIPS
2022
$6K
GENERAL SUPPORT
2022
$5K
Make48 Invention Competition
2022
$5K
GENERAL SUPPORT
2022
$4K
EDUCATIONAL, RELIGIOUS OR SOCIAL WELFARE PURPOSES
2022
$3K
Unrestricted
2022
$3K
MATCHING GIFTS TO EDUCATION
2022
$3K
Program Support
2022
$2K
FOR EDUCATIONAL SUPPLIES AND EXPENSES
2022
$2K
PROGRAM SUPPORT
2022
$1K
FELLOWSHIPS
2022
$1K
ANNUAL FUND
2022
$750
EMPLOYEE GIVING PROGRAM
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$500
GENERAL OPERATIONS
2022
$500
GENERAL SUPPORT
2022
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$400
VOLUNTEER GRANT
2022
$250
PROGRAM/OPERATING SUPPORT
2022
$150
MATCHING GIFTS
2022
$100
MATCHING GIFTS
2022
$100
GENERAL OPERATING PURPOSES
2022
$80
MATCHING GIFTS
2022
$400K
GENERAL OPERATING SUPPORT
2021
$138K
For recipient's exempt purpose
2021
$111K
For grant recipient's exempt purposes
2021
$111K
For grant recipient's exempt purposes
2021
$100K
Beloit Channel Initiative
2021
$50K
Programmatic support Fund for the Beloit Channel Initiative
2021
$40K
TO AID DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT ACTIVITIES.
2021
$25K
GENERAL OPERATING
2021
$11K
GENERAL SUPPORT
2021
$9K
FY'21 MATCHING GIFTS
2021
$8K
GENERAL OPERATING
2021
$4K
EDUCATIONAL, RELIGIOUS OR SOCIAL WELFARE PURPOSES
2021
$2K
GENERAL SUPPORT
2021
$2K
PROGRAM SUPPORT
2021
$2K
GENERAL OPERATING SUPPORT
2021
$1K
ANNUAL FUND
2021
$1K
FELLOWSHIPS
2021
$550
MATCHING GIFTS
2021
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$400
VOLUNTEER GRANT
2021
$164K
For grant recipient's exempt purposes
2020
$150K
ANNUAL FUND
2020

Funded by

$10.6M from 106 funders · 303 grants · 2017–2024

Weissberg Foundation

$2.3M · 7 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$1.7M · 8 grants · 2017–2023

Doctorbird Foundation

$950K · 11 grants · 2020–2024

Donor Advised Charitable Giving Inc

$557K · 7 grants · 2017–2023

Haven Walter S Xxxxx5006

$445K · 4 grants · 2020–2023

Sherman Fairchild Foundation Inc

$407K · 3 grants · 2022–2024

Associated Colleges Of The Midwest

$261K · 4 grants · 2020–2024

The Rodgers Family Foundation Inc

$218K · 5 grants · 2020–2024

Details

EIN390808497
NTEE codeB420
Subsection03
Ruling date1941-10
Formed1846
Employees1032
Volunteers133
BELOIT COLLEGE — Mission, Financials & Grants Received | Grantivo