Non-Profit Spending Reports

The Trustees of Grinnell College

Grinnell, IA · EIN 42-0680387 · Education · Rank 1,808 by total revenue

To educate students in the liberal arts through free inquiry and the open exchange of ideas.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 ot

Money, Form 990 for tax year 2024

Total revenue
$361,944,495
Total expenses
$259,510,437
Total assets
$3,398,994,168
Salary base (all salaries and wages)
$81,079,572
Salaries, other pay and benefits
$109,318,265
Employees
2,530
Salary base per employee
$32,047

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (40)

NameTitleRole Hours/weekTotal pay
Jainen ThayerCHIEF INVESTMENT OFFICEROfficer 60 $1,073,100
Anne HarrisPRESIDENTOfficer 60 $827,800
Germaine GrossVP FINANCE & TREASUREROfficer 60 $532,684
Margaret BairDIRECTOR OF BOARD RELATIONSOfficer 50 $151,451
Michael B KahnTRUSTEE & BOARD CHAIRBoard, Officer 7 None reported
Matthew E WelchTRUSTEE & VICE-CHAIR (TERM EXPIRED MAY 2025)Board, Officer 4 None reported
R Christina CutlipTRUSTEE & VICE-CHAIRBoard, Officer 4 None reported
Beronda MontgomeryDEAN & VP ACADEMIC AFFAIRSKey employee 60 $369,347
Joseph BagnoliVP ENROLLMENT & DEAN OF ADMISSIONKey employee 60 $344,746
Myrna HernandezCHIEF OF STAFF & VP ADMINISTRATIONKey employee 60 $270,764
Jana GrimesVP HUMAN RESOURCESKey employee 60 $261,523
Odile Disch-BhadkamkarTRUSTEE (TERM EXPIRED MAY 2025)Board 3 None reported
Jeetander DulaniTRUSTEEBoard 2 None reported
Shelley FloydTRUSTEEBoard 3 None reported
Kate GoddardTRUSTEE & ALUMNI COUNCIL PRESIDENTBoard 2 None reported
Julie GosselinkTRUSTEEBoard 2 None reported
Jon GrayTRUSTEEBoard 2 None reported
Jeff GreenbergTRUSTEEBoard 2 None reported
Graciela GuzmanTRUSTEEBoard 2 None reported
Keith A JantzenTRUSTEEBoard 3 None reported
Bruce KoffTRUSTEEBoard 2 None reported
Kimberly A KunclTRUSTEEBoard 2 None reported
Melinda LopesTRUSTEEBoard 2 None reported
Tobi Klein MarcusTRUSTEEBoard 3 None reported
Karmi MattsonTRUSTEEBoard 2 None reported
David E MaxwellTRUSTEEBoard 2 None reported
George MooseTRUSTEEBoard 2 None reported
Jeanne MyersonTRUSTEEBoard 3 None reported
Yuki NarulaTRUSTEEBoard 2 None reported
Angela Onwuachi-WilligTRUSTEEBoard 3 None reported
Saumil ParikhTRUSTEEBoard 2 None reported
Steve PickleTRUSTEEBoard 2 None reported
Nancy L RadermecherTRUSTEEBoard 3 None reported
Gabe RodriguezTRUSTEEBoard 2 None reported
Laura SanderTRUSTEEBoard 2 None reported
Stephen SandquistTRUSTEEBoard 2 None reported
Ham SerunjogiTRUSTEEBoard 2 None reported
Kristin StoutTRUSTEEBoard 3 None reported
Sheryl WalterTRUSTEEBoard 2 None reported
Connie WimerTRUSTEE (TERM EXPIRED MAY 2025)Board 2 None reported

Top 10 paid people listed

These 10 people received $6,001,745, which is 7.4% of the $81,079,572 salary base shared by 2,530 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Jainen ThayerCHIEF INVESTMENT OFFICEROfficer 60 $1,002,930$0 $70,170$1,073,100
Valbona SchwabDEPUTY CHIEF INVESTMENT OFFICERHighly paid employee 50 $730,359$0 $121,476$851,835
Anne HarrisPRESIDENTOfficer 60 $683,241$0 $144,559$827,800
Lacey JohnsonMANAGING DIRECTOR, INVESTMENTSHighly paid employee 50 $617,657$0 $65,290$682,947
Kerri GandinMANAGING DIRECTOR, INVEST. OPERATIONSHighly paid employee 50 $520,581$0 $66,092$586,673
Germaine GrossVP FINANCE & TREASUREROfficer 60 $477,363$0 $55,321$532,684
Bernadine DouglasVP DEVELOPMENTHighly paid employee 50 $338,701$0 $57,629$396,330
Beronda MontgomeryDEAN & VP ACADEMIC AFFAIRSKey employee 60 $317,525$0 $51,822$369,347
Joseph BagnoliVP ENROLLMENT & DEAN OF ADMISSIONKey employee 60 $288,048$0 $56,698$344,746
Robert WelchDIRECTOR OF INVESTMENTSHighly paid employee 50 $303,788$0 $32,495$336,283

Sources