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)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Jainen Thayer | CHIEF INVESTMENT OFFICER | Officer | 60 | $1,073,100 |
| Anne Harris | PRESIDENT | Officer | 60 | $827,800 |
| Germaine Gross | VP FINANCE & TREASURER | Officer | 60 | $532,684 |
| Margaret Bair | DIRECTOR OF BOARD RELATIONS | Officer | 50 | $151,451 |
| Michael B Kahn | TRUSTEE & BOARD CHAIR | Board, Officer | 7 | None reported |
| Matthew E Welch | TRUSTEE & VICE-CHAIR (TERM EXPIRED MAY 2025) | Board, Officer | 4 | None reported |
| R Christina Cutlip | TRUSTEE & VICE-CHAIR | Board, Officer | 4 | None reported |
| Beronda Montgomery | DEAN & VP ACADEMIC AFFAIRS | Key employee | 60 | $369,347 |
| Joseph Bagnoli | VP ENROLLMENT & DEAN OF ADMISSION | Key employee | 60 | $344,746 |
| Myrna Hernandez | CHIEF OF STAFF & VP ADMINISTRATION | Key employee | 60 | $270,764 |
| Jana Grimes | VP HUMAN RESOURCES | Key employee | 60 | $261,523 |
| Odile Disch-Bhadkamkar | TRUSTEE (TERM EXPIRED MAY 2025) | Board | 3 | None reported |
| Jeetander Dulani | TRUSTEE | Board | 2 | None reported |
| Shelley Floyd | TRUSTEE | Board | 3 | None reported |
| Kate Goddard | TRUSTEE & ALUMNI COUNCIL PRESIDENT | Board | 2 | None reported |
| Julie Gosselink | TRUSTEE | Board | 2 | None reported |
| Jon Gray | TRUSTEE | Board | 2 | None reported |
| Jeff Greenberg | TRUSTEE | Board | 2 | None reported |
| Graciela Guzman | TRUSTEE | Board | 2 | None reported |
| Keith A Jantzen | TRUSTEE | Board | 3 | None reported |
| Bruce Koff | TRUSTEE | Board | 2 | None reported |
| Kimberly A Kuncl | TRUSTEE | Board | 2 | None reported |
| Melinda Lopes | TRUSTEE | Board | 2 | None reported |
| Tobi Klein Marcus | TRUSTEE | Board | 3 | None reported |
| Karmi Mattson | TRUSTEE | Board | 2 | None reported |
| David E Maxwell | TRUSTEE | Board | 2 | None reported |
| George Moose | TRUSTEE | Board | 2 | None reported |
| Jeanne Myerson | TRUSTEE | Board | 3 | None reported |
| Yuki Narula | TRUSTEE | Board | 2 | None reported |
| Angela Onwuachi-Willig | TRUSTEE | Board | 3 | None reported |
| Saumil Parikh | TRUSTEE | Board | 2 | None reported |
| Steve Pickle | TRUSTEE | Board | 2 | None reported |
| Nancy L Radermecher | TRUSTEE | Board | 3 | None reported |
| Gabe Rodriguez | TRUSTEE | Board | 2 | None reported |
| Laura Sander | TRUSTEE | Board | 2 | None reported |
| Stephen Sandquist | TRUSTEE | Board | 2 | None reported |
| Ham Serunjogi | TRUSTEE | Board | 2 | None reported |
| Kristin Stout | TRUSTEE | Board | 3 | None reported |
| Sheryl Walter | TRUSTEE | Board | 2 | None reported |
| Connie Wimer | TRUSTEE (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.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jainen Thayer | CHIEF INVESTMENT OFFICER | Officer | 60 | $1,002,930 | $0 | $70,170 | $1,073,100 |
| Valbona Schwab | DEPUTY CHIEF INVESTMENT OFFICER | Highly paid employee | 50 | $730,359 | $0 | $121,476 | $851,835 |
| Anne Harris | PRESIDENT | Officer | 60 | $683,241 | $0 | $144,559 | $827,800 |
| Lacey Johnson | MANAGING DIRECTOR, INVESTMENTS | Highly paid employee | 50 | $617,657 | $0 | $65,290 | $682,947 |
| Kerri Gandin | MANAGING DIRECTOR, INVEST. OPERATIONS | Highly paid employee | 50 | $520,581 | $0 | $66,092 | $586,673 |
| Germaine Gross | VP FINANCE & TREASURER | Officer | 60 | $477,363 | $0 | $55,321 | $532,684 |
| Bernadine Douglas | VP DEVELOPMENT | Highly paid employee | 50 | $338,701 | $0 | $57,629 | $396,330 |
| Beronda Montgomery | DEAN & VP ACADEMIC AFFAIRS | Key employee | 60 | $317,525 | $0 | $51,822 | $369,347 |
| Joseph Bagnoli | VP ENROLLMENT & DEAN OF ADMISSION | Key employee | 60 | $288,048 | $0 | $56,698 | $344,746 |
| Robert Welch | DIRECTOR OF INVESTMENTS | Highly paid employee | 50 | $303,788 | $0 | $32,495 | $336,283 |
Sources
- IRS e-file return 202631269349301868 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 42-0680387
- Organization website (as filed): www.grinnell.edu