Wheaton College is a 501(c)(3) educational institution located at 501 College Ave, Wheaton, IL 60187-9936. Founded in 1860, the college operates as an undergraduate and graduate institution offering liberal arts and graduate programs. The organization has been tax-exempt since January 1976 (EIN: 36-2182171).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1B
+5.4% YoY
Annual Giving
$938K
+13.0% YoY
Grant Count
21
-34.4% YoY
Avg Grant Size
$45K
+72.1% YoY
Mission & Focus Areas
Wheaton College serves Jesus Christ and advances His Kingdom through excellence in liberal arts and graduate programs that educate the whole person to build the church and benefit society worldwide.
The college's primary program areas include:
- Education and Instruction: Offers undergraduate degrees in 47 areas of major study, including 7 in the conservatory; 13 master of arts degrees and 3 doctoral degrees with approximately 2,900 students enrolled
- Auxiliary Enterprises: Provides room and board for students
- Student Services: Programs for student enrichment including Christian community experiences and athletics sponsoring 21 sports for male and female student athletes
- Community Programs: Artist series, community school of the arts, and summer sports camps
The college also operates a donor-advised fund through which donors can direct the distribution or investment of funds.
Grantmaking
Wheaton College maintains grantmaking activities with the following characteristics:
Grant Range
**: $6,000 to $220,000
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Geographic Focus
Where this funder awards grants
Primary funding focus areas include Illinois, Ohio, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of June 2024:
- Total Assets: $1.1 billion
- Total Revenue: $206 million
- Total Expenses: $185 million
As of June 2023:
- Total Assets: $1,048,214,568
- Total Revenues: $181,635,763
- Total Expenses: $175,303,151
- Net Assets/Fund Balances: $857,761,516
Staffing:
- Number of Employees: 2,974–3,171
- Number of Volunteers: 102
Revenue Composition (2023):
- Program Service Revenue: $127,639,901
- Investment Income: $18,740,032
- Other Revenue: $938,410
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,104,861,704 | $1,048,214,568 | $1,009,461,058 |
| Revenue | $206,496,165 | $181,635,763 | $231,489,050 |
| Expenses | $184,983,837 | $175,303,151 | $169,298,848 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $32,102,438 | $18,740,032 | $51,732,979 |
| 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
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The organization maintains a governing body with 20 voting members, of which 17 are independent members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrea D Scott | VICE CHAIR (through May 2024)/Trustee | 2 | — |
| Dale C Wong | Chair (From May 2024)/Trustee | 2 | — |
| James A Goetz | Chair (through May 2024)/Trustee | 2 | — |
| Jeffrey S Meyer | Vice Chair (From May 2024)/Secretary (Through May 2024)/Trustee | 2 | — |
| Kathryn H Vaselkiv | Secretary (From May 2024)/Trustee | 2 | — |
| Philip G Ryken | President/Trustee | 40 | $389,576 |
| Barbara W Anderson | Trustee (through May 2024) | 2 | — |
| Carlene Ellerman | Trustee (from May 2024) | 2 | — |
| Charles Pollard III | Trustee | 2 | — |
| David K Gieser | Trustee | 2 | — |
| Dr Darrell L Bock | Trustee | 2 | — |
| Gregory L Jao | Trustee | 2 | — |
| Gregory L Waybright | Trustee | 2 | — |
| John Chung | Trustee (from May 2024) | 2 | — |
| John H Augustine | Trustee | 2 | — |
| Kurt A Keilhacker | Trustee | 2 | — |
| Lisa K Beamer | Trustee | 2 | — |
| Mary J Schaller | Trustee | 2 | — |
| Rev Irwyn L Ince | Trustee | 2 | — |
| Rev Ricky Jenkins | Trustee (from May 2024) | 2 | — |
| Steven C Preston | Trustee | 2 | — |
| J Chadwick Rynbrandt | VP for Finance & Operations, Treasurer | 40 | $282,882 |
| Karen Lee | Provost | 40 | $229,159 |
| Kirk D Farney | VP for Advancement & Alumni Relations | 40 | $242,743 |
| Paul Chelsen | Vice President - Student Development | 40 | $176,517 |
| Silvio Vazquez | Chief Enrollment Management Officer | 40 | $181,069 |
| Vanessa Wynder Quainoo | Chief Intercultural Engagement Officer | 40 | $135,555 |
| Alan Wolff | Chief Information Officer | 40 | $195,637 |
| Jay Bieszke | Director of Facilities | 40 | $167,948 |
| Kenneth Larson | Investment Manager | 40 | $185,740 |
| Anthony Drea | Chief Development Officer | 40 | $168,573 |
| Edward Davis | Professor of Psychology | 40 | $159,131 |
| Jamie Aten | Professor/Exec Director of HDI | 40 | $159,319 |
| Mark Yarhouse | Professor | 40 | $176,757 |
| Michael Wilder | Dean of Music & Communications | 40 | $154,086 |
Recent News & Activity
Recent developments and announcements
The college has received external grant funding for specific initiatives:
Wheaton wins $13,215 grant for inclusive art initiatives - Wheaton CollegeAwarded a $560,000 grant to examine inequities in healthcare
Wheaton College awarded $560K grant to look at inequities in ...Received a $13,215 grant for inclusive art initiatives
Wheaton wins $13,215 grant for inclusive art initiatives - Wheaton CollegeReceived an NSF grant extension from Dan and Lisa Burden
Dan and Lisa Burden NSF Grant ExtensionThe college also offers Wheaton Foundation Grants and maintains comprehensive scholarships and financial aid programs for students.
Wheaton wins $13,215 grant for inclusive art initiatives - Wheaton CollegeSubject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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