PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE

MIDDLEBURY, VT, 05753-1370 (802) 443-5547 Est. 1800 EIN 03-0179298

B430— Education Form 990 501(c)(3)

www.middlebury.edu

Mission

Through a commitment to immersive learning, we prepare students to lead engaged, consequential, and creative lives, contribute to their communities, and address the world's most challenging problems.

Giving Portfolio

Total Grants

27

Total Giving

$1.0M

Recipients

27

Years Active

2019 - 2022

Avg grant: $39,231 Median: $38,294

Yearly Trends

Year	Grants	Total Giving	Avg Grant	New	Repeat
2022	9	$483K	$54K	2	7
2021	10	$300K	$30K	4	6
2020	6	$149K	$25K	6	0
2019	2	$97K	$48K	2	0

Sectors Funded

Education

9

Public & Societal Benefit

1

Top States

Vermont

5

Maine

3

New Hampshire

3

New Jersey

2

Wisconsin

2

California

2

Oregon

2

Virginia

2

and 5 more states

Grantee Size Profile

Over $50M

1

$500K - $1M

1

Top Grantees

ITHRIVE GAMES FOUNDATION

VA - 2 grants

$205K

UNIVERSITY SYSTEM OF NEW HAMPSHIRE

NH - 3 grants

$163K

Town Hall Theater

VT - 3 grants

$142K

UNIVERSITY OF MAINE SYSTEM INC

ME - 3 grants

$85K

Arizona State University

AZ - 2 grants

$80K

Oregon Health & Science University

OR - 2 grants

$77K

REGENTS UNIV OF CALIFORNIA

CA - 2 grants

$59K

TAKE THIS INC

WA

$53K

Rutgers University

NJ - 2 grants

$49K

Logically AI

DE

$37K

and 4 more grantees

Grants Awarded · 12 grants

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Financials

Total Revenue

$456,039,665

Total Expenses

$400,959,311

Net Assets

$1,562,361,280

4,889 employees 1,607 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

3.9 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 8.6%

Expenses ↑ 3.0%

Revenue Sources

Contributions 17.4% Earned revenue 61.7% Investment 20.8%

Expense Breakdown

Program 85.1% Management 13.8% Fundraising 1.1%

Officers & Trustees (48)

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Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990	$456,039,665 ↓	$400,959,311	$1,562,361,280
2021 Form 990	$498,919,126 ↑	$389,176,145	$1,553,872,125
2020 Form 990	$387,918,222 ↓	$342,014,276	$1,587,540,001
2019 Form 990	$400,272,194	$360,929,342	$1,214,460,874