SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0B
+9.3% YoY
Annual Giving
$1.2M
+93.2% YoY
Grant Count
37
+428.6% YoY
Avg Grant Size
$33K
-63.5% YoY
About Hillsdale College
Based on IRS filings
Hillsdale College is a nonprofit organization focused on Education, based in HILLSDALE, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0B in total assets. In 2024, it awarded 37 grants totaling $1.2M. Net investment income was $40.3M.
Focus Areas
Ready to take the next step with Hillsdale College?
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 | $2,045,865,706 | $1,871,625,743 | $1,719,356,126 |
| Revenue | $394,153,037 | $320,784,822 | $366,213,645 |
| Expenses | $270,721,431 | $248,527,191 | $214,265,709 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $40,261,198 | $-7,386,506 | $29,582,672 |
| 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 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Faith Baptist Bible College ($117,000), University of Pittsburgh ($108,158), Yale University ($105,505).
| Recipient | Purpose | Amount |
|---|---|---|
| ATLANTA CLASSICAL ACADEMY ATLANTA, GA | EXCELLENCE IN TEACHING AWARD | $25,000 |
| UNIVERSITY OF PITTSBURGH PITTSBURG, PA | TEMPLETON GRANT | $108,158 |
| CALIFORNIA STATE UNIV FULLERTON FULLERTON, CA | TEMPLETON GRANT | $103,813 |
| SAINT LOUIS UNIVERSITY ST LOUIS, MO | TEMPLETON GRANT | $84,062 |
| YALE UNIVERSITY NEW HAVEN, CT | TEMPLETON GRANT | $105,505 |
| CORNELL UNIVERSITY ITHACA, NY | TEMPLETON GRANT | $12,205 |
| BENNETT CREEK CHURCH POWELL, WY | DAF GRANT | $10,000 |
| BOY SCOUNTS OF AMERICA - GOLDEN EMPIRE COUNCIL SACRAMENTO, CA | DAF GRANT | $29,614 |
| CEDAR CLASSICAL ACADEMY LANSING, MI | DAF GRANT | $55,000 |
| CITIZENS FOR TRADITIONAL VALUES FOUNDATION LANSING, MI | DAF GRANT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY P ARNN | PRESIDENT | 40 | $1,157,118 |
| PATRICK L SAJAK | CHAIRMAN OF THE BOARD | 4.5 | — |
| STEPHEN A VAN ANDEL | VICE CHAIRMAN OF THE BOARD | 4.5 | — |
| WILLIAM J BRODBECK | TRUSTEE, CHAIRMAN EMERITUS | 1 | — |
| ALICE H HANLEY | TRUSTEE | 1 | — |
| BRUCE C SANBORN | TRUSTEE | 1 | — |
| BRIAN S WESBURY | TRUSTEE | 1 | — |
| CHARLES S MCINTYRE III | TRUSTEE | 1 | — |
| CHRIS CHOCOLA | TRUSTEE | 1 | — |
| CHRISTOPHER F BACHELDER | TRUSTEE | 1 | — |
| CLEVES R DELP | TRUSTEE | 1 | — |
| DANIEL S PETERS | TRUSTEE | 1 | — |
| DAVID A DURELL | TRUSTEE | 1 | — |
| DAVID R HOUGH | TRUSTEE | 1 | — |
| DONNA R ECTON | TRUSTEE | 1 | — |
| GREGORY C SCHULER | TRUSTEE | 1 | — |
| JAMES J MEEKS | TRUSTEE | 1 | — |
| JEFFREY H COORS | TRUSTEE | 1 | — |
| JESSICA A FAUBERT | TRUSTEE | 1 | — |
| KURT D GRINDSTAFF | TRUSTEE | 1 | — |
| MARK L JOHNSON | TRUSTEE | 1 | — |
| NENA C MOSS | TRUSTEE | 1 | — |
| NERSI H NAZARI | TRUSTEE | 1 | — |
| R MARK HAMLIN JR | TRUSTEE | 1 | — |
| RICHARD E HUNTER | TRUSTEE | 1 | — |
| RONALD C NOLAN | TRUSTEE | 1 | — |
| RONALD D ROBSON | TRUSTEE | 1 | — |
| S GUNNAR KLARR | TRUSTEE | 1 | — |
| THOMAS N JORDAN JR | TRUSTEE | 1 | — |
| THOMAS C SHAFER | TRUSTEE | 1 | — |
| TOBIAS W BUCK | TRUSTEE | 1 | — |
| WAYNE R NELSON | TRUSTEE | 1 | — |
| WILLIAM A NOLAN III | TRUSTEE | 1 | — |
| WILLIAM L FRAIM | TRUSTEE | 1 | — |
| RICHARD P PEWE | VP OF ADMIN. AFFAIRS & SECRETARY | 40 | $290,110 |
| PATRICK H FLANNERY | VP FOR FINANCE & TREASURER | 40 | $239,283 |
| JOHN CERVINI | VP FOR INST. ADVANCEMENT | 40 | $492,021 |
| CHRISTOPHER VAN ORMAN | PROVOST | 40 | $319,797 |
| ROBERT NORTON | VP & GENERAL COUNSEL | 40 | $345,081 |
| BILL GRAY | VP OF MARKETING | 40 | $280,965 |
| MATTHEW SPALDING | VP FOR DC OPS & DEAN OF VASOG | 40 | $336,644 |
| DOUG BANBURY | VP FOR ADMISSIONS & BUS DEVELOPMENT | 40 | $266,952 |
| MATT SCHLIENTZ | ASSOCIATE VP OF PROGRAMS | 40 | $281,284 |
| DAVID WHALEN | ASSOCIATE VP FOR CURRICULUM | 40 | $261,505 |
| JUDY DUKE | CONSULTANT FOR MAJOR GIFTS | 40 | $277,077 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hillsdale College?
Hillsdale College is a nonprofit organization focused on Education, based in HILLSDALE, MI. It holds $2.0B in total assets as of 2024.
How large is Hillsdale College?
As of 2024, Hillsdale College holds $2.0B in total assets with $394.2M in annual revenue. It awarded 37 grants totaling $1.2M in 2024.
Where does Hillsdale College operate?
Hillsdale College has awarded grants in Arizona, California, Colorado, Connecticut, District of Columbia, Georgia, Iowa, Idaho, Illinois, Indiana, Michigan, Missouri, North Carolina, New Jersey, Nevada, New York, Pennsylvania, Tennessee, Texas, Utah, Washington, Wyoming.
What size grants does Hillsdale College award?
In 2024, Hillsdale College awarded 37 grants totaling $1.2M — an average of about $33K per grant, based on its IRS Form 990 filings.
What is Hillsdale College's EIN?
Hillsdale College's EIN (Employer Identification Number) is 38-1374230. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hillsdale 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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