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Filing year 2023

THE TRUSTEES OF GRINNELL COLLEGE

Grinnell, Iowa·EIN 42-0680387·NTEE B420 · Education·501(c)(3)
Total revenue
$397.4M
Total assets
$3.2B
Total expenses
$247.8M
Reported officers
46

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Chief Investment Officer
Officer (Unspecified)
$1.1M
$1.2M
Base
$586k
Bonus
$446k
Other
$1k
Benefits
$40k
President
Above 90th percentilevs Education peers in Iowa
$788k
$871k
Base
$607k
Bonus
$2k
Other
$18k
Benefits
$128k
Deputy Chief Investment Officer
Highest Compensated Employee
Above 90th percentile
$681k
$752k
Base
$414k
Bonus
$205k
Other
$630
Benefits
$28k
VP Finance & Treasurer
Vice President
Above 90th percentile
$464k
$513k
Base
$363k
Bonus
$45k
Other
$2k
Benefits
$21k
Managing Director
Highest Compensated Employee
Above 90th percentile
$447k
$493k
Base
$311k
Bonus
$90k
Other
$378
Benefits
$12k
Dean & VP Academic Affairs
Board Vice President
Above 90th percentile
$359k
$396k
Base
$301k
Bonus
$5k
Other
$1k
Benefits
$20k
VP Enrollment & Dean of Admission
Board Vice President
75th to 90th percentile
$332k
$367k
Base
$262k
Bonus
$12k
Other
$2k
Benefits
$28k
Director of Investments
Highest Compensated Employee
75th to 90th percentile
$283k
$312k
Base
$214k
Bonus
$41k
Other
$311
Benefits
$2k
VP Communication & Marketing
Board Vice President
75th to 90th percentile
$278k
$307k
Base
$226k
Bonus
$3k
Other
$828
Benefits
$25k
Professor of Political Science
Highest Compensated Employee
75th to 90th percentile
$272k
$300k
Base
$234k
Bonus
Other
$3k
Benefits
$12k
Associate VP Finance & Asst Treasurer
Board Vice President
75th to 90th percentile
$262k
$290k
Base
$197k
Bonus
$19k
Other
$2k
Benefits
$23k
Chief of Staff & VP Administration
Board Vice President
Median to 75th percentile
$245k
$271k
Base
$209k
Bonus
$3k
Other
$1k
Benefits
$12k
VP Human Resources
Board Vice President
Median to 75th percentile
$245k
$270k
Base
$206k
Bonus
$5k
Other
$1k
Benefits
$11k
Professor of Chemistry
Former Officer/director/trustee
Median to 75th percentile
$207k
$229k
Base
$170k
Bonus
$7k
Other
$1k
Benefits
$12k
Director of Board Relations
Director (Operational)
Median to 75th percentile
$147k
$163k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE TRUSTEES OF GRINNELL COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 4%
from 2022

From $1.2M in 2022 to $1.1M in 2023.

$1.2M
2022
$1.1M
2023
In today's dollarsEst.
Down 8% in real terms$1.3M to $1.2M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 9%.

$771k in 2022 to $788k in 2023.
  • Highest Compensated Employee pay rose 4% from 2022 to 2023.
  • Vice President pay rose 77% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE TRUSTEES OF GRINNELL COLLEGE

What does the Chief Executive Officer of THE TRUSTEES OF GRINNELL COLLEGE earn?

In 2023, the Chief Executive Officer of THE TRUSTEES OF GRINNELL COLLEGE received $788,044 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Iowa: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE TRUSTEES OF GRINNELL COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations in Iowa, the 2023 pay of the Chief Executive Officer at THE TRUSTEES OF GRINNELL COLLEGE falls in the top 10%. In 2023, the highest total compensation at THE TRUSTEES OF GRINNELL COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are THE TRUSTEES OF GRINNELL COLLEGE's revenue and expenses?

In 2023, THE TRUSTEES OF GRINNELL COLLEGE reported $397.4M in total revenue and $247.8M in total expenses on its IRS Form 990.

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