Gustavus Adolphus College is a church-related, residential liberal arts college firmly rooted in its Swedish and Lutheran heritage. The College offers students of high aspiration and promise a liberal arts education of recognized excellence provided by faculty who embody the highest standards of teaching and scholarship. The College aspires to be a community of persons from diverse backgrounds who respect and affirm the dignity of all people. It is a community where a mature understanding of the Christian faith and lives of service are nurtured and students are encouraged to work toward a just and peaceful world. The purpose of a Gustavus education is to help students attain their full potential as persons, to develop in them a capacity and passion for lifelong learning, and to prepare them for fulfilling lives of leadership and service in society.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$557.5M
+3.1% YoY
Annual Giving
$40K
-38.5% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$40K
+84.4% YoY
About Gustavus Adolphus College
Based on IRS filings
Gustavus Adolphus College is a nonprofit organization focused on Education, based in SAINT PETER, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $557.5M in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $7.6M.
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 | $557,494,933 | $540,762,989 | $555,228,341 |
| Revenue | $145,945,868 | $150,522,013 | $183,510,862 |
| Expenses | $154,076,541 | $158,584,922 | $159,071,069 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,612,733 | $6,172,543 | $26,241,400 |
| 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 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Open Grants
2 open opportunities from Gustavus Adolphus College
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City of Saint Peter ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| City of Saint Peter Saint Peter, MN | Community Support | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rebecca M Bergman | President | 50 | $353,865 |
| Brenda S Kelly | Provost and Dean of the College | 50 | $199,913 |
| Curtis J Kowaleski | CFO Vice President of Finance and Treasurer | 50 | $195,415 |
| Thomas W Young | Vice President for Institutional Advancement | 50 | $175,134 |
| JoNes R VanHecke | Vice President for Student Life & Dean of Students | 50 | $190,467 |
| Mark J Braun | Faculty | 50 | $156,953 |
| Marcia J Bunge | Faculty | 50 | $139,362 |
| Wilson D Thompson | Vice President for Equity and Inclusion | 50 | $139,772 |
| Jolene D Christensen | Secretary | 50 | $54,283 |
| Tane T Danger | Director | 2 | $2,000 |
| Nicole M LaVoi | Director | 2 | $500 |
| Kelsey K Ackmann | Director | 2 | — |
| Jeffrey C Anderson | Director | 2 | — |
| Scott P Anderson | Director | 2 | — |
| Catherine L Asta | Director | 2 | — |
| Mark W Bergman | Director | 2 | — |
| Suzanne F Boda | Director | 2 | — |
| Robert D Brown Jr | Director | 2 | — |
| Kara K Buckner | Director | 2 | — |
| Michael D Bussey | Director | 2 | — |
| Janette F Concepcion | Director | 2 | — |
| Daniel G Currell | Director | 2 | — |
| Sarah E Cuthill | Director | 2 | — |
| Edward J Drenttel | Director | 2 | — |
| John O Hallberg | Director | 2 | — |
| John M Harris | Director | 2 | — |
| Eric H Hedlund | Director | 2 | — |
| Mary Dee J Hicks | Director | 2 | — |
| Alicia A Hilding | Director | 2 | — |
| John S Himle | Director | 2 | — |
| Keith N Jackson | Director/Vice Chair | 2 | — |
| Peter C Johnson | Director | 2 | — |
| Charles M Kelley | Director | 2 | — |
| Dennis A Lind | Director | 2 | — |
| Jan Lindman | Director | 2 | — |
| David J Lose | Director | 2 | — |
| Mikka S McCracken | Director | 2 | — |
| Bradley S Nuss | Director/Vice Chair | 2 | — |
| Marcia L Page | Director/Chair | 2 | — |
| Dee Pederson | Director | 2 | — |
| Dan S Poffenberger | Director | 2 | — |
| Robert C Schnell | Director | 2 | — |
| Karl D Self | Director/Vice Chair | 2 | — |
| Kent V Stone | Director | 2 | — |
| Heather T Wigdahl | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gustavus Adolphus College?
Gustavus Adolphus College is a nonprofit organization focused on Education, based in SAINT PETER, MN. It holds $557.5M in total assets as of 2024.
How large is Gustavus Adolphus College?
As of 2024, Gustavus Adolphus College holds $557.5M in total assets with $145.9M in annual revenue. It awarded 1 grants totaling $40K in 2024.
Where does Gustavus Adolphus College operate?
Gustavus Adolphus College has awarded grants in Minnesota.
What size grants does Gustavus Adolphus College award?
In 2024, Gustavus Adolphus College awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.
What is Gustavus Adolphus College's EIN?
Gustavus Adolphus College's EIN (Employer Identification Number) is 41-0695524. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Gustavus Adolphus College's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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