California · Nonprofit
Harvey Mudd College
Harvey Mudd College (California) receives grants from 133 organizations whose IRS filings report $48,544,079 to it, the largest being The Shanahan Family Charitable Foundation ($12,556,081). 89 of them have funded it in more than one year.
- Revenue FY2025
- $130M
- Funders on record
- 133
- Grants received
- $49M
- Net assets
- $643M
What Harvey Mudd College does
Mission
HMC seeks to educate engineers, scientists, and mathematicians well versed in all of these areas and in the humanities, social sciences and the arts so that they may assume leadership in their fields with a clear understanding of the impact of their work on society.
As stated on its FY2025 Form 990.
Program
Harvey Mudd College (the College) is a private, liberal arts college of engineering, science, and mathematics that provides an undergraduate education with full time equivalent enrollment of approximately 900 students. The College offers a challenging and invigorating academic environment, where undergraduates learn to think across disciplines, participate in collaborative, professional research with high-profile sponsors, understand the social implications of science and learn to communicate their ideas.
$99,895,772 spentof which $22,823,048 as grants$85,306,192 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $99,895,772.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $530M to $659M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 2% · 2021 4% · 2022 1% · 2023 2% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
11% of Harvey Mudd College’s revenue is contributions — about as donation-reliant as the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
James C Bean
Chairman of the Board
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 38 funders to 58 funders, grant income rose $3.3M → $7.0M.
27 of 133 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $127k from one payer (the payer's own filing calls it a related party, largest R & M Ingwersen Tua Harvey Mudd College). These are real filings, and they are not money Harvey Mudd College raised.
From the IRS filings of Harvey Mudd College’s funders (the co-funder graph). Top 30 of 133 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Harvey Mudd College has a broad base — no single funder exceeds 26% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Harvey Mudd College.
Largest funder’s share by year: 2017 19% · 2018 27% · 2019 30% · 2020 27% · 2021 28% · 2022 42% · 2023 32% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
49% of Harvey Mudd College's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
76% of Harvey Mudd College's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Harvey Mudd College holds deeper cash reserves than three-quarters of the 684 education nonprofits its size.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding Harvey Mudd College receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31.2M on record.
- National Science Foundation$20.5M
- Department of Education$10.3M
- Department of Defense$256k
- National Aeronautics and Space Administration$104k
- Department of Agriculture$56k
- Department of Commerce$27k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Harvey Mudd College
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
60%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- The Claremont Colleges Inc · exempt
- Claremont Investment Fund · exempt
- Claremont Investment Management Company · exempt
- Charitable Remainder Unitrusts (7) · corp_trust
- Pooled Income Fund (1) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for Harvey Mudd College: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Harvey Mudd College?
- Harvey Mudd College (California) receives grants from 133 organizations whose IRS filings report $48,544,079 to it, the largest being The Shanahan Family Charitable Foundation ($12,556,081). 89 of them have funded it in more than one year.
- How many funders does Harvey Mudd College have?
- IRS filings report 133 organizations giving $48,544,079 in grants to Harvey Mudd College, 89 of which have funded it in more than one year.
- Who is the largest funder of Harvey Mudd College?
- The Shanahan Family Charitable Foundation is the largest funder on record, with $12,556,081 in grants. The full list of funders is on this page.
- How can an organization like Harvey Mudd College find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Harvey Mudd College →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 133 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing