The President and Trustees of Colby College logo

The President and Trustees of Colby College

Public charity · Grantmaker Waterville, ME EIN: 01-0211497 Website

Key facts about The President and Trustees of Colby College

In short: The President and Trustees of Colby College gave $252K across 8 grants in 2025 (avg $32K), mostly in Maine. Source: 2025 IRS Form 990.

EIN
01-0211497
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$252,194
Grants made (2025)
8
Average grant
$31,524
Median grant
$13,250
Total assets
$2,544,594,000
Primary geography
Maine (97% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.5B

+7.6% YoY

Annual Giving

$252K

-33.9% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$32K

-42.1% YoY

How The President and Trustees of Colby College gives

  • Giving grew 45% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The President and Trustees of Colby College

Based on IRS filings

The President and Trustees of Colby College is a public charity focused on Education, based in Waterville, ME. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5B in total assets. In 2025, it awarded 8 grants totaling $252K. Net investment income was $84.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

WatervilleTenants HarborOld Orchard BeachPortlandAugustaChicagoFairfieldFreeportHallowellMontgomeryPort ClydeSilver SpringWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K11 grants2019 5 grants2020 8 grants2021 4 grants2022 6 grants2023 7 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $97K (2020) to $381K (2024). In 2025 it made 8 grants totaling $252K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Central Maine Growth Council: $85KCentral Maine Growth Council$85KTown of St George: $81KTown of St George$81KWaterville Creates: $42KWaterville Creates$42KFriends of Quarry Road: $15KFriends of Quarry Road$15KAlfond Youth Center: $12KAlfond Youth Center$12KArchives of American Art Journal: $6KArchives of American ArtJournal$6KMid-Maine Chamber of Commerce: $6KMid-Maine Chamber of Commerce$6KMaine Federation of Farmers' Markets: $6KMaine Federation of Farmers'Markets$6K

The largest 2025 recipient was Central Maine Growth Council ($85K). Together the top 8 received $252K.

Grant Size Distribution

33 grants across all recorded years

23<$50K9$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 33 (70%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Central Maine Growth Council Waterville, MEGeneral Support$84,766
Town of St George Tenants Harbor, MEGeneral Support$81,293
Waterville Creates Waterville, MEGeneral Support$41,500
Friends of Quarry Road Waterville, MEGeneral Support$15,000
Alfond Youth Center Waterville, MEGeneral Support$11,500
Archives of American Art Journal Washington, DCSupport of the planned performance art and archives themed "In Conversation" feature$6,416
Mid-Maine Chamber of Commerce Waterville, MEGeneral Support$6,000
Maine Federation of Farmers' Markets Freeport, MEGeneral Support$5,719

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200M$400M$600M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,544,594,000$2,364,066,000$2,244,685,000
Revenue$354,489,000$379,623,000$287,466,000
Expenses$325,244,000$299,250,000$284,605,000
Net Investment Income$84,026,000$60,962,000$63,347,000

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 8, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 6, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  7. Added Form 990 for fiscal year 2019 (received by the IRS June 11, 2020)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The President and Trustees of Colby College is led by Alison Beyea, Executive Director of the Goldfarb Center for Public Affairs on the 2025 filing; 18 of 56 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Alison Beyea

    Executive Director of the Goldfarb Center for Public Affairs

    New on the 2025 filing

    50 hrs/week

    $252K (2025)

  • David A Greene

    President

    New on the 2025 filing

    65 hrs/week

    $2.8M (2025)

  • Jane Powers

    Chair of the Board

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Thomas Martin

    Managing Director of Investments

    New on the 2025 filing

    50 hrs/week

    $447K (2025)

  • Alexander Gentilli

    Director of Investment Operations

    New on the 2025 filing

    50 hrs/week

    $254K (2025)

  • Jacqueline Terrassa

    Director & Museum of Art

    New on the 2025 filing

    50 hrs/week

    $271K (2025)

  • Michael Wisecup

    Former Vice President & Director of Athletics

    New on the 2025 filing

    50 hrs/week

    $166K (2025)

  • Alexander Buck

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Amy Walter

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Arman Gokgol-Kline

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Armando Bengochea

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Brenda Allen

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Carl Smith

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Catherine Tinsley

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Christian Brunet

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Dailey Coy

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • David Leavy

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Dean Athanasia

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Deanna Perez

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Eric DeCosta

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jacklyn Dinneen

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jason Werlin

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jeffrey N Packman

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jennifer Millard

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jeremy Springhorn

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Joerose Tharakan

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • John Lyons

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • John O'Neil

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Jonathan Barry

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Joshua Woodfork

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Laura Ward

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Lindsay Lanier

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Marieke H Rothschild

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Miguel Leff

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Reagan Carey

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Sarah E Eustis

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Sunil Thakor

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Susan Bram

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Tanya Williams

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Theresa Brockelman

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Timothy O'Donnell

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Tionna Haynes

    Trustee

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Andrew Loftus

    Associate Vice President & Chief Information Officer

    New on the 2025 filing

    50 hrs/week

    $267K (2025)

  • Brian Clark

    Former Vice President of Planning

    New on the 2025 filing

    50 hrs/week

    $146K (2025)

  • Deborah Shufrin

    Associate Vice President & Chief Investment Officer

    New on the 2025 filing

    50 hrs/week

    $860K (2025)

  • Douglas Terp

    Former Vice President for Administration & CFO

    New on the 2025 filing

    $105K (2025)

  • Gustavo Burkett

    Dean of College

    New on the 2025 filing

    50 hrs/week

    $321K (2025)

  • Julie Wood

    Vice President & Chief Human Resources Officer

    New on the 2025 filing

    50 hrs/week

    $372K (2025)

  • Margaret McFadden

    Provost & Dean of Faculty

    New on the 2025 filing

    50 hrs/week

    $374K (2025)

  • Matthew Proto

    Senior Vice President & Chief Institutional Advancement Officer

    New on the 2025 filing

    50 hrs/week

    $467K (2025)

  • Nicole Trufant

    Vice President for Administration & Chief Financial Officer

    New on the 2025 filing

    50 hrs/week

    $503K (2025)

  • Randi Maloney

    Vice President, Dean of Admissions & Financial Aid

    New on the 2025 filing

    50 hrs/week

    $226K (2025)

  • Richard Uchida

    Vice President, General Counsel & Secretary of Board

    New on the 2025 filing

    50 hrs/week

    $405K (2025)

  • Ruth Jackson

    Vice President & Chief of Staff

    New on the 2025 filing

    50 hrs/week

    $277K (2025)

  • Michael Koester

    Vice Chair of the Board

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Susan Boland

    Vice Chair of the Board

    New on the 2025 filing

    5 hrs/week

    No compensation reported

Former officers (111)
  • Former: Bengochea Armando (2019–2024) — Trustee
  • Former: Boulos Joseph F (2019–2024) — Trustee
  • Former: Clark Brian J (2019–2024) — Vice President of Planning
  • Former: Crawford James B (2019–2024) — Trustee
  • Former: Diamond Robert E (2019–2024) — Trustee
  • Former: Gordon Michael L (2019–2024) — Trustee
  • Former: Greene David A (2019–2024) — President
  • Former: Jackson Ruth J (2019–2024) — Vice President & Chief of Staff
  • Former: Leff Miguel (2019–2024) — Trustee
  • Former: Lunder Paula Crane (2019–2024) — Trustee
  • Former: McFadden Margaret T (2019–2024) — Provost & Dean of Faculty
  • Former: Packman Jeffrey N (2019–2024) — Trustee
  • Former: Proto Matthew T (2019–2024) — Vice President & Chief Institutional Advancement Officer
  • Former: Rosengren Eric (2019–2024) — Trustee
  • Former: Smith Carl L (2019–2024) — Trustee
  • Former: Terp Douglas C (2019–2024) — Former Vice President for Administration & CFO
  • Former: Thakor Sunil H (2019–2024) — Trustee
  • Former: Tharakan Joerose (2019–2024) — Trustee
  • Former: Uchida Richard Y (2019–2024) — Vice President, General Counsel & Secretary of the College
  • Former: Ward Laura P (2019–2024) — Trustee
  • Former: Williams Tanya E (2019–2024) — Trustee
  • Former: Boland Susan E (2020–2024) — Vice Chair of the Board
  • Former: Buck Alexander K (2020–2024) — Trustee
  • Former: Koester Michael E (2020–2024) — Trustee
  • Former: Pulver David (2020–2024) — Trustee
  • Former: Wisecup Michael D (2020–2024) — Vice President & Director of Athletics
  • Former: Alfond William (2021–2024) — Trustee
  • Former: Allen Brenda (2021–2024) — Trustee
  • Former: Decosta Eric (2021–2024) — Trustee
  • Former: O'Donnell Timothy (2021–2024) — Trustee
  • Former: Rothschild Marieke (2021–2024) — Trustee
  • Former: Walter Amy (2021–2024) — Trustee
  • Former: Brunet Christian M (2022–2024) — Trustee
  • Former: Dinneen Jacklyn D (2022–2024) — Trustee
  • Former: Eustis Sarah E (2022–2024) — Trustee
  • Former: Haynes Tionna C (2022–2024) — Trustee
  • Former: Lyons John F (2022–2024) — Trustee
  • Former: Powers Jane M (2022–2024) — Chair of the Board
  • Former: Shufrin Deborah (2022–2024) — Associate Vice President & Chief Investment Officer
  • Former: Terrassa Jacqueline (2022–2024) — Director & Museum of Art
  • Former: Woodfork Joshua C (2022–2024) — Trustee
  • Former: Bram Susan (2023–2024) — Trustee
  • Former: Brockelman Theresa (2023–2024) — Trustee
  • Former: Burrell-McRae Karlene A (2023–2024) — Former Dean of College
  • Former: Epstein David (2023–2024) — Trustee & Part-Time Instructor
  • Former: Hurney Carol (2023–2024) — Associate Provost for Teaching & Learning
  • Former: King D Whitney (2023–2024) — Professor
  • Former: Lanier Lindsay (2023–2024) — Trustee
  • Former: Moore Barbara (2023–2024) — Dean of Students
  • Former: Stent Amanda (2023–2024) — Director Davis Institute for Ai
  • Former: Tinsley Catherine (2023–2024) — Trustee
  • Former: Trufant Nicole (2023–2024) — Vice President for Administration & Chief Financial Officer
  • Former: Werlin Jason (2023–2024) — Trustee
  • Former: Wood Julie (2023–2024) — Vice President & Chief Human Resources Officer
  • Former: Athanasia Dean (2024) — Trustee
  • Former: Burkett Gustavo (2024) — Dean of College
  • Former: Carey Reagan (2024) — Trustee
  • Former: Coy Dailey R (2024) — Trustee
  • Former: Gokgol-Kline Arman C (2024) — Trustee
  • Former: Leavy David (2024) — Trustee
  • Former: Millard Jennifer (2024) — Trustee
  • Former: Nancy Donahue (2024) — Trustee
  • Former: O'Neil III John J (2024) — Vice Chair of the Board
  • Former: Richard McVey M (2024) — Trustee
  • Former: Robert Hoopes R (2024) — Trustee
  • Former: Springhorn Jeremy P (2024) — Trustee
  • Former: Burns Sara J (2019–2023) — Trustee
  • Former: Cotter William R (2019–2023) — Trustee
  • Former: Crook Jr James H (2019–2023) — Trustee
  • Former: Dailey Coy R (2019–2023) — Trustee
  • Former: Forese James A (2019–2023) — Trustee
  • Former: Hoopes Jr Robert R (2019–2023) — Trustee
  • Former: Lawry Seth W (2019–2023) — Trustee
  • Former: McVey Richard M (2019–2023) — Trustee
  • Former: O'Neill III John J (2019–2023) — Vice Chair of the Board
  • Former: Stanton Jessica D'Ercole (2019–2023) — Trustee
  • Former: Phillips Jane B (2020–2023) — Former Vice President for College & Student Advancement
  • Former: Donahue Nancy (2023) — Trustee
  • Former: Gokgol-Kline Michael (2023) — Trustee
  • Former: Burrell-McRae Karlene (2019–2022) — Dean of the College
  • Former: Cummings Stephen E (2019–2022) — Trustee
  • Former: Cyker Nancy Donahue (2019–2022) — Trustee
  • Former: Earle Steven M (2019–2022) — Trustee
  • Former: McGadney C Andrew (2019–2022) — Vice President & Dean of Student Advancement
  • Former: Roosevelt Catherine (2019–2022) — Trustee
  • Former: Rouse Peter M (2019–2022) — Trustee
  • Former: Epstein David S (2020–2022) — Trustee & Part-Time Instructor
  • Former: Huntt Shaquan (2020–2022) — Trustee
  • Former: Colhoun Sandy (2021–2022) — Chief Campaign Officer
  • Former: Flowers Kimberly (2021–2022) — Executive Director Public Affairs
  • Former: Sibunruang Harris (2021–2022) — Director Investments
  • Former: Gouvea Fernando (2022) — Professor
  • Former: Gibson Mary Ellis (2019–2021) — Professor
  • Former: Maisel L Sandy (2019–2021) — Professor
  • Former: O'Donnell Hugh J (2019–2021) — Associate Vice President & Chief Investment Officer
  • Former: Wolff Anne Clarke (2019–2021) — Vice Chair of the Board
  • Former: Berkner Paul D (2019–2020) — Medical Director
  • Former: Corwin Sharon L (2019–2020) — Director of Museum of Art
  • Former: Lugo Daniel G (2019–2020) — Vice President for College & Student Advancement
  • Former: Powers M Jane (2019–2020) — Trustee
  • Former: Saunders Steven E (2019–2020) — Professor
  • Former: Bronstein Sheri (2020) — Trustee
  • Former: Glazer Lee (2020) — Director of the Lunder Institute for American Art
  • Former: Soules Jason (2020) — Trustee
  • Former: Alfond William L (2019) — Trustee
  • Former: Biddle Leslie Dougherty (2019) — Vice Chair of the Board
  • Former: Gastaldo Robert A (2019) — Professor
  • Former: Kletzer Lori G (2019) — Professor
  • Former: Papadellis Randy (2019) — Trustee
  • Former: Reed Kathleen Pinard (2019) — Trustee
  • Former: Silverman Moses (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

David A Greene — President: $2.8MDavid A GreenePresident$2.8MDeborah Shufrin — Associate VP and Chief Investment Officer: $860KDeborah ShufrinAssociate VP and Chief…$860KNicole Trufant — Vice President for Administration and Chief Financial Officer: $503KNicole TrufantVice President for…$503KMatthew Proto — Senior VP and Chief Institutional Advancement Officer: $467KMatthew ProtoSenior VP and Chief…$467KThomas Martin — Managing Director of Investments: $447KThomas MartinManaging Director of Investments$447KRichard Uchida — VP, Gen Counsel, Secretary of Board: $405KRichard UchidaVP, Gen Counsel, Secretary of…$405KMargaret McFadden — Provost and Dean of Faculty: $374KMargaret McFaddenProvost and Dean of Faculty$374KJulie Wood — Vice President and Chief Human Resources Officer: $372KJulie WoodVice President and Chief Human…$372KGustavo Burkett — Dean of College: $321KGustavo BurkettDean of College$321KRuth Jackson — Vice President and Chief of Staff: $277KRuth JacksonVice President and Chief of…$277KJacqueline Terrassa — Director, Museum of Art: $271KJacqueline TerrassaDirector, Museum of Art$271KAndrew Loftus — Associate Vice President and Chief Information Officer: $267KAndrew LoftusAssociate Vice President and…$267KAlexander Gentilli — Director of Investment Operations: $254KAlexander GentilliDirector of Investment…$254KAlison Beyea — Executive Director of the Goldfarb Center for Public Affairs: $252KAlison BeyeaExecutive Director of the…$252KRandi Maloney — Vice President and Dean of Admissions and Financial Aid: $226KRandi MaloneyVice President and Dean of…$226KMichael Wisecup — Former Vice President and Director of Athletics (Until 6/30/24): $166KMichael WisecupFormer Vice President and…$166KBrian Clark — Former Vice President of Planning (Until 6/30/24): $146KBrian ClarkFormer Vice President of…$146KDouglas Terp — Former Vice President for Administration and CFO: $105KDouglas TerpFormer Vice President for…$105K

The highest reported compensation on the 2025 filing was $2.8M, to David A Greene (President). 18 officers or directors reported compensation on that filing.

Frequently asked questions about The President and Trustees of Colby College

How much does The President and Trustees of Colby College give each year?

The President and Trustees of Colby College gave $252K across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $381K across 7 grants.

What is The President and Trustees of Colby College's typical grant size?

The President and Trustees of Colby College's median grant in 2025 was $13,250, and its average grant was $31,524, across 8 grants on its 2025 IRS Form 990.

Where does The President and Trustees of Colby College give grants?

The President and Trustees of Colby College gives mostly in Maine: 97% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Waterville, ME (5 grants).

Does The President and Trustees of Colby College give general operating support?

Yes: 88% of The President and Trustees of Colby College's 2025 grants with a stated purpose (7 of 8) were for general or operating support, per its 2025 IRS Form 990.

Who are The President and Trustees of Colby College's largest grantees?

The President and Trustees of Colby College's largest 2025 grantees include Central Maine Growth Council ($84,766), Town of St George ($81,293) and Waterville Creates ($41,500), according to its 2025 IRS Form 990. Together they received 82% of its itemized 2025 grant dollars.

How large is The President and Trustees of Colby College?

The President and Trustees of Colby College reported $2.5B in total assets on its 2025 IRS Form 990. Its revenue that year was $354.5M.

What is The President and Trustees of Colby College?

The President and Trustees of Colby College is a public charity focused on Education, based in Waterville, ME. It holds $2.5B in total assets as of 2025.

What is The President and Trustees of Colby College's EIN?

The President and Trustees of Colby College's EIN (Employer Identification Number) is 01-0211497. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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Total Given

$1.3M

Maine Justice Foundation

Augusta, ME

The Maine Justice Foundation funds civil legal aid and Maine nonprofits advancing fairness and justice, especially for low-income people; its 2025 grants went to organizations in Maine. Grant amounts ranged from $6,823 to $1.2 million, with a median of $10,000, and the profile does not state whether it accepts unsolicited requests.

Crime & Legal Related

Assets

$9.7M

Grants

18

Total Given

$3.8M

Sadie and Harry Davis Foundation Inc

New York, NY

The Sadie and Harry Davis Foundation primarily funds children’s health in Maine, especially projects serving low-income or under-resourced children; recent grants also supported other Maine organizations. Its programs typically offer $3,000–$25,000, though reported 2024 grants ranged from $895 to $1,050,000. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$30.6M

Grants

18

Total Given

$1.5M

More Funders in Maine

The President and Trustees of Colby College down — hundreds of funders to go?

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