SEE SCHEDULE O.CARLETON COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE, LOCATED IN NORTHFIELD, MINNESOTA, BEST KNOWN FOR ITS ACADEMIC EXCELLENCE AND WARM, WELCOMING CAMPUS COMMUNITY. CARLETON OFFERS 33 MAJORS AND 37 MINORS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, MATHEMATICS, AND SOCIAL SCIENCES.THE CARLETON COLLEGE MISSION IS TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE IS DEVOTED TO ACADEMIC EXCELLENCE, DISTINGUISHED BY THE CREATIVE INTERPLAY OF TEACHING, LEARNING, AND SCHOLARSHIP AND IS DEDICATED TO A DIVERSE RESIDENTIAL COMMUNITY AND EXTENSIVE INTERNATIONAL ENGAGEMENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9B
+9.1% YoY
Annual Giving
$482K
+87.3% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$80K
+118.5% YoY
About Carleton College
Based on IRS filings
Carleton College is a nonprofit organization focused on Education, based in NORTHFIELD, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.9B in total assets. In 2024, it awarded 6 grants totaling $482K. Net investment income was $69.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,883,994,794 | $1,727,307,245 | $1,658,331,169 |
| Revenue | $278,954,694 | $296,522,250 | $280,959,414 |
| Expenses | $253,992,441 | $239,981,775 | $223,828,854 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $69,326,331 | $92,503,081 | $81,731,010 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Open Grants
1 open opportunity from Carleton College
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALISON BYERLY | PRESIDENT | 60 | $700,689 |
| WALLY WEITZ | TRUSTEE CHAIR | 8 | — |
| JENINNE MCGEE | TRUSTEE VICE CHAIR | 8 | — |
| CATHY PAGLIA | TRUSTEE VICE CHAIR | 8 | — |
| JOHN HARRIS | SECRETARY | 8 | — |
| GREG AMUSU | TRUSTEE | 5 | — |
| LOVE ANANI | TRUSTEE | 5 | — |
| MARK APPLEBAUM | TRUSTEE | 5 | — |
| EMILY BARR | TRUSTEE | 5 | — |
| ALAN BAUER | TRUSTEE | 5 | — |
| ELIZABETH BAUSCH | TRUSTEE | 5 | — |
| VINAYA CHEPURI | TRUSTEE | 5 | — |
| STEPHEN DAVIS | TRUSTEE | 5 | — |
| DAVID DIAMOND | TRUSTEE | 5 | — |
| ARNOLD DONALD | TRUSTEE | 5 | — |
| HERB FRITCH | TRUSTEE | 5 | — |
| LIA GORE | TRUSTEE | 5 | — |
| MICHAEL HASENSTAB | TRUSTEE | 5 | — |
| DASHINI JEYATHURAI | TRUSTEE | 5 | — |
| LESLIE KAUTZ | TRUSTEE | 5 | — |
| PAM KIECKER ROYALL | TRUSTEE | 5 | — |
| TRACE MCCREARY | TRUSTEE | 5 | — |
| BRAD NORDHOLM | TRUSTEE | 5 | — |
| ROLF PETERS | TRUSTEE | 5 | — |
| NIC PUZAK | TRUSTEE | 5 | — |
| RAUL RAYMUNDO | TRUSTEE | 5 | — |
| NONOKO SATO | TRUSTEE | 5 | — |
| DAVID SMITH | TRUSTEE | 5 | — |
| MIKE SOBASKI | TRUSTEE | 5 | — |
| JUSTIN WENDER | TRUSTEE | 5 | — |
| MICHAEL WIEBOLT | TRUSTEE | 5 | — |
| CANDACE WILLIAMS | TRUSTEE | 5 | — |
| DANA WRIGHT | TRUSTEE | 5 | — |
| JOHN YOUNGBLOOD | TRUSTEE | 5 | — |
| ERIC RUNESTAD | VP & TREASURER | 60 | $333,913 |
| MICHELLE MATTSON | PROVOST & VP OF ACADEMIC AFFAIRS | 60 | $313,638 |
| DAN RUSTAD | VP OF EXTERNAL RELATIONS (INTERIM) | 60 | $202,847 |
| DAREN BATKE HIRE 4124 | VP OF DEVELOPMENT & ALUMNI RELATIONS | 60 | — |
| KELSEY DESHLER | CHIEF INVESTMENT OFFICER | 60 | $928,506 |
| ART D RODRIGUEZ | VP & DEAN OF ADMISSIONS & FINANCIAL AID | 60 | $268,249 |
| CAROLYN H LIVINGSTON | VP FOR STUDENT LIFE & DEAN OF STUDENTS | 60 | $228,248 |
| TIMOTHY GRIFFETH | DIRECTOR OF INVESTMENTS | 60 | $597,384 |
| ELISE ESLINGER | CHIEF OF STAFF | 60 | $221,367 |
| MICHAEL T HEMESATH | PROFESSOR OF ECONOMICS | 60 | $225,201 |
| THOMAS BONNER | VP FOR EXTERNAL RELATIONS | 60 | $437,791 |
| JULIE J NEIWORTH | PROFESSOR OF PSYCHOLOGY | 60 | $223,737 |
| STEVEN G POSKANZER | PRESIDENT (FORMER) | 60 | $186,576 |
| GRETCHEN E HOFMEISTER | DEAN OF THE COLLEGE INTERIM (FORMER) | 60 | $147,839 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
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3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
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Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
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1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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