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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education The Trustees of Grinnell College

The Trustees of Grinnell College

Fiscal year ending 2024. Filed on May 8, 2025.

733 Broad Street
Grinnell, Iowa 50112

The Trustees of Grinnell College (EIN: 42-0680387), also known as Grinnell College, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Trustees of Grinnell College, a 501(c)(3) charitable organization, reported compensation for 15 out of 2,532 total employees. Among the employees shown here, the average compensation is $407,728. The highest compensated employee at The Trustees of Grinnell College is Jainen Thayer with fiscal year 2024 compensation of $1,106,039.

Revenue, expenses, and employee compensation

Revenue

$397,436,581

Expenses

$247,771,574

Employee compensation

$99,763,628
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jainen Thayer
Chief Investment Officer
$1,106,039
$1,033,208 No related comp$72,831
Anne Harris
President
$788,044
$627,118 No related comp$160,926
Valbona Schwab
Deputy Chief Investment Officer
$680,824
$619,746 No related comp$61,078
Germaine Y Gross
Vice President, Finance and Treasurer
$463,988
$409,550 No related comp$54,438
Lacey F Johnson
Managing Director
$446,716
$401,394 No related comp$45,322
Beronda L Montgomery
DEAN and Vice President Academic Affairs
$358,517
$307,129 No related comp$51,388
Joseph P Bagnoli
Vice President Enrollment and DEAN of Admission
$331,937
$275,996 No related comp$55,941
Robert Welch
Investments Director
$282,800
$254,890 No related comp$27,910
Ellen F de Graffenreid
Vice President Communication and Marketing
$278,359
$229,703 No related comp$48,656
Henry W Moyer
Professor of Political Science
$272,005
$236,632 No related comp$35,373
Nancy L Combs
Associate Vice President Finance and ASST Treasurer
$262,179
$217,431 No related comp$44,748
Myrna Y Hernandez
Chief of Staff and Vice President Administration
$245,218
$212,283 No related comp$32,935

Benchmark Employee Compensation

Non-Employee Board Members

Angela Onwuachi-Willig
Trustee
Bernard Jackson Jr
Trustee and Alumni Council President
Bruce Koff
Trustee
Christina R Cutlip
Vice Chair and Trustee
Connie Wimer
Trustee
David E Maxwell
Trustee
Eric E Whitaker
Trustee (Until 5/24)
Gabe Rodriguez
Trustee
George Moose
Trustee
Graciela Guzman
Trustee
Ham Serunjogi
Trustee
Jeanne Myerson
Trustee

Contractors

Opn Inc.
Architecture
$2,033,683
The Weitz Company
Construction
$1,114,406
Eagle Capital
Investment Manager
$1,005,989
Summit Street Capital Management LLC
Investment Manager
$590,833
Nyemaster Goode PC
Attorney
$532,373

Mission Statement

TO EDUCATE STUDENTS IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS.

Revisions to this organization profile

May 8, 2025:
2024 The Trustees of Grinnell College 990 filed
May 9, 2024:
2023 The Trustees of Grinnell College 990 filed
May 12, 2023:
2022 The Trustees of Grinnell College 990 filed

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