Trustees of Dartmouth College

EIN: 020222111 501(c)(3) Education

Hanover, NH

Total Revenue
$1,704,785,821
Total Expenses
$1,467,110,348
Total Assets
$12,047,520,355
Net Assets
$10,371,449,460
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1769
Legal Domicile
NH
Phone
6036463001
Tax Period
2023-07-01 to 2024-06-30

Trustees of Dartmouth College, founded in 1769, is a large national nonprofit in the Education sector that reported $1.7B in total revenue in fiscal year 2023. Expenses of $1.5B left a modest 14% surplus.

Mission

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Program Service Accomplishments

Program 1
Expenses: $781,508,798 Revenue: $519,290,482

Education and Academic Support: A Dartmouth education is unlike any other. Through person-to-person teaching and opportunities to create and apply knowledge on campus and across the globe, we instill...

Read more

Education and Academic Support: A Dartmouth education is unlike any other. Through person-to-person teaching and opportunities to create and apply knowledge on campus and across the globe, we instill a love of learning and a passion for success. We educate global citizens, gifted writers and artists, wise business leaders, thoughtful doctors, and compassionate engineers. Our faculty are deeply invested in nurturing creativity as well as critical thinking. Our students can explore the cultural underpinnings and economic impacts of great works while creating their own masterpieces, all with the guidance and support of world-class masters of their crafts. Academics at Dartmouth are innovative, interdisciplinary, international, and individualized for each student. Each student's experience is distinguished by breadth, depth, and personal connections with top faculty. The institution comprises the Faculty of the Arts & Sciences, the Guarini School of Graduate and Advanced Studies, and three professional schools: the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine. Dartmouth's approximately 950-person faculty teaches and guides approximately 6,700 undergraduate and graduate students. Dartmouth's library system directly supports the research and teaching mission of Dartmouth College, as well as the life-long learning needs of the Dartmouth community, by providing access to multiple types of resources, including approximately 2.2 million printed volumes, 54,000 microform volumes, 89,000 other physical formats, 421,000 network resources and 2.1 million electronic books. State-of-the-art computing resources are available to faculty and students to foster innovation and excellence in research and in the curriculum.

Program 2
Expenses: $258,887,813 Revenue: $119,753,159

Campus Life: Our close-knit community is a distinctive and enduring feature of the Dartmouth experience. For students, the process of joining and adapting to a new community can be as educationally...

Read more

Campus Life: Our close-knit community is a distinctive and enduring feature of the Dartmouth experience. For students, the process of joining and adapting to a new community can be as educationally significant as their academic work. For this reason, Dartmouth invests resources in creating a community that is both stimulating and nurturing. Approximately 90% of Dartmouth undergraduates lived on campus and Dartmouth's diverse dining facilities are an important part of campus life. Athletics at Dartmouth compliment the overall academic and intellectual growth of Dartmouth students, with more than 75% of undergraduates participating in at least one of the 35 varsity teams, 33 club sports teams and several intramural leagues. In addition, facilities such as Dartmouth Skiway and Morton Farm provide an opportunity for recreation and learning beyond the classroom. There are also approximately 380 graduate and undergraduate student groups which allow students to explore interests in diverse areas, including the arts, academics, activism, culture, politics, sustainability, and others.

Program 3
Expenses: $199,207,467 Revenue: $12,711,477

Research & Research Support: At Dartmouth, teaching and research are inextricably linked. Dartmouth offers undergraduate students a rigorous curriculum at the forefront of higher education and...

Read more

Research & Research Support: At Dartmouth, teaching and research are inextricably linked. Dartmouth offers undergraduate students a rigorous curriculum at the forefront of higher education and Dartmouth faculty pursue research at the highest levels of their disciplines. Students conduct independent study through one-on-one supervision with a faculty member or work as a member of a research group in state-of-the-art facilities. Dartmouth is home to world-class scholars in the Faculty of Arts & Sciences, the Guarini School of Graduate and Advanced Studies, the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine-which has strong ties to the Dartmouth-Hitchcock Clinic and the Mary Hitchcock Memorial Hospital. Our faculty, along with students, produce high-impact research that advances the quest for cures and treatments for diseases like Alzheimer's and cancer. They generate discoveries in bio-medical engineering and artificial intelligence, among many other issues central to our time. The collaborative, high-impact solution of real-world problems is integral to our teacher-scholar model, enabling students' hands-on engagement in the joys and challenges of discovery and creation. In addition, Dartmouth has more than 50 wide-ranging centers and institutes, hubs for innovation and excellence across the arts and sciences, that connect our faculty and students to each other in multidisciplinary ways with real-world impacts. During fiscal 2023, faculty and others engaged in sponsored activity received approximately $206 million in awards from external funding agencies.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $445,381,561
Program Service Revenue $658,185,775
Investment Income $543,061,662
Other Revenue $58,156,823
TOTAL REVENUE $1,704,785,821

Expense Breakdown

Grants Paid $266,984,415
Salaries & Benefits $663,072,091
Fundraising Expenses $57,749,956
Program Expenses $1,239,604,078
Other Expenses $536,573,078
TOTAL EXPENSES $1,467,110,348

Year-over-Year Comparison

2023 2022 Change
Revenue $1,704,785,821 $1,603,346,438 +0.1%
Expenses $1,467,110,348 $1,411,739,475 +0.0%
Net Income $237,675,473 $191,606,963 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
25
Independent Members
24
Employees
10356
Volunteers
13000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$3,773,085
Total Directors
25
$1,087,114
Key Employees
8
$10,476,081
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sian Beilock President and Trustee Ex-Officio 40.0
Officer Director
$806,199 $280,915 $1,087,114
Christopher Lord Trustee 3.0
Director
$0 $0 $0
Christopher Sununu Trustee Ex-Officio 1.0
Director
$0 $0 $0
Constance Womack Britton Trustee 3.0
Director
$0 $0 $0
David McKenna Trustee 3.0
Director
$0 $0 $0
Eileen Chamberlain Donahoe Trustee 3.0
Director
$0 $0 $0
Elizabeth Cahill Lempres Trustee 3.0
Director
$0 $0 $0
Elizabeth Mahoney Loughlin Trustee 3.0
Director
$0 $0 $0
Erica Ruliffson Schultz Trustee 3.0
Director
$0 $0 $0
Gregg Lemkau Trustee 3.0
Director
$0 $0 $0
Hilary C Tompkins Trustee 3.0
Director
$0 $0 $0
Jacob Tapper Trustee 3.0
Director
$0 $0 $0
James Frank Trustee 3.0
Director
$0 $0 $0
Jane P Novak Trustee 3.0
Director
$0 $0 $0
Jeffrey Blackburn Trustee 3.0
Director
$0 $0 $0
Jeffrey Crowe Trustee 3.0
Director
$0 $0 $0
Joyce Sackey Trustee 3.0
Director
$0 $0 $0
Neal Katyal Trustee 3.0
Director
$0 $0 $0
Odette Harris Trustee 3.0
Director
$0 $0 $0
Richard Lewis Trustee 3.0
Director
$0 $0 $0
Scott Stuart Trustee 3.0
Director
$0 $0 $0
Shonda Rhimes Trustee 3.0
Director
$0 $0 $0
Susan Finegan Trustee 3.0
Director
$0 $0 $0
Susan Huang Trustee 3.0
Director
$0 $0 $0
Todd Sisitsky Trustee 3.0
Director
$0 $0 $0
David Kotz Provost 40.0
Officer
$847,886 $49,540 $897,426
Jomysha Stephen EVP for Strategy & Special Counsel to President (from August 2023) 40.0
Officer
$551,063 $37,156 $588,219
Richard Mills Executive Vice President (through August 2023) 40.0
Officer
$629,643 $36,577 $666,220
Robert Scott Frew Chief Financial Officer 39.8
Officer
$489,498 $44,608 $534,106
Alice Ruth Chief Executive Officer - Investment Office 40.0
Key Emp
$5,050,701 $47,107 $5,097,808
Ann Root Keith Chief Advancement Officer 40.0
Key Emp
$467,646 $47,193 $514,839
Duane Compton Dean, Geisel School of Medicine 40.0
Key Emp
$873,673 $43,946 $917,619
Elizabeth Smith Dean of Faculty 40.0
Key Emp
$607,145 $34,733 $641,878
Joshua Keniston Senior VP Campus Planning & Campus Operations 39.8
Key Emp
$488,735 $28,708 $517,443
Matthew Slaughter Dean, Tuck School of Business 40.0
Key Emp
$971,855 $41,429 $1,013,284
Robert Lasher Sr. Vice President for Advancement 40.0
Key Emp
$940,464 $36,795 $977,259
Sandhya Iyer General Counsel and Secretary to the Board of Trustees 40.0
Key Emp
$745,298 $50,653 $795,951
Eugene Teevens Head Football Coach 40.0
Highest
$1,262,804 $39,640 $1,302,444
Jessica Jones Managing Director, Investment Office 39.8
Highest
$1,236,973 $49,179 $1,286,152
Kelsey Morgan Chief Investment Officer 40.0
Highest
$1,954,850 $49,179 $2,004,029
Michael Sullivan Managing Director, Investment Office 40.0
Highest
$1,542,436 $49,857 $1,592,293
Steven Leach Director, Dartmouth Cancer Center 40.0
Highest
$907,829 $34,562 $942,391
Frank Roberts Associate VP, FOM 39.9
$250,509 $30,693 $281,202
Philip Hanlon Former President 40.0
$1,195,085 $37,923 $1,233,008
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,704,785,821 $1,467,110,348 $12,047,520,355 $237,675,473
2023 $1,603,346,438 $1,411,739,475 $11,665,744,420 $191,606,963
2022 $1,952,191,796 $1,200,813,658 $11,447,539,519 $751,378,138
2021 $1,850,561,594 $1,082,709,165 $11,884,162,956 $767,852,429
2020 $1,581,351,409 $1,090,847,157 $9,100,996,158 $490,504,252
2019 $1,444,207,354 $1,128,294,790 $8,630,388,531 $315,912,564
2018 $1,435,522,287 $1,091,419,805 $8,275,901,513 $344,102,482
Explore More Nonprofits
Top 100 Nonprofits in New Hampshire Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Trustees of Dartmouth College with other nonprofits in New Hampshire and across the country.