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New York · Nonprofit

HOBART AND WILLIAM SMITH COLLEGES

HOBART AND WILLIAM SMITH COLLEGES (New York) receives grants from 210 organizations whose IRS filings report $45,274,230 to it, the largest being FIDELITY FOUNDATION ($20,017,850). 141 of them have funded it in more than one year.

Revenue FY2025
$282M
Funders on record
210
Grants received
$45M
Net assets
$430M
141/210 repeat funderspeak grant-dependency 9%
01What it does

What Hobart and William Smith Colleges does

Mission

Hobart and william smith prepares students to lead lives of consequence.

As stated on its FY2025 Form 990.

Program

  1. Hobart and william smith is a residential liberal arts and sciences institution known for consistent success in preparing students for meaningful lives and fulfilling careers through an outcomes-based focus on their futures. To best prepare students for impact and success, hws nurtures intellectual, professional, and ethical development through 70 academic programs. In a relationship-rich learning environment, students complement broad, interdisciplinary study with hands-on learning experiences made possible by hws' centers for experience, action, and thought. More than 60% of hws students study abroad, all participate in community service, and hws guarantees all students access to an internship or research experience. The wall street journal ranks hws #4 in the nation for student experience during 2025.

    $175,743,966 spentof which $84,242,341 as grants$146,143,236 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $175,743,966.

02The organization over time

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.

100 = 20172017 Revenue 100 ($169M) Expenses 100 ($158M) Net assets 100 ($315M)2018 Revenue 105 ($178M) Expenses 107 ($169M) Net assets 104 ($329M)2019 Revenue 97 ($163M) Expenses 109 ($173M) Net assets 103 ($324M)2020 Revenue 96 ($162M) Expenses 103 ($162M) Net assets 103 ($323M)2021 Revenue 97 ($165M) Expenses 96 ($152M) Net assets 129 ($405M)2022 Revenue 106 ($180M) Expenses 103 ($162M) Net assets 111 ($349M)2023 Revenue 88 ($149M) Expenses 107 ($170M) Net assets 109 ($342M)2024 Revenue 114 ($193M) Expenses 117 ($184M) Net assets 115 ($363M)2025 Revenue 167 ($282M) Expenses 127 ($201M) Net assets 137 ($430M)
'17'18'19'20'21'22'23'24'25
Revenue (167)Expenses (127)Net assets (137)Peer revenue range

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 $411M to $493M (+20%).

$407M
$418M
$408M
$411M
$493M
$430M
$420M
$441M
$514M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 2% · 2021 3% · 2022 4% · 2023 2% · 2024 6% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

37% of HOBART AND WILLIAM SMITH COLLEGES’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$11M
’17
$8.8M
’18
−$9.3M
’19
−$141k
’20
$13M
’21
$17M
’22
−$21M
’23
$9.0M
’24
$81M
’25
1.4
months of
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

Craig R Stine

Trustee/chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed525250545349474242
Joined·+9+8+12+9+11+9+3+9
No longer listed·910810151189
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 60 funders to 92 funders, grant income rose $1.9M → $14M.

42 of 210 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HOBART AND WILLIAM SMITH COLLEGES’s funders (the co-funder graph). Top 30 of 210 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

HOBART AND WILLIAM SMITH COLLEGES leans on a few funders — its largest provides 44% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

32% 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 HOBART AND WILLIAM SMITH COLLEGES.

44%
largest funder
64%
top three
~4
effective funders

Largest funder’s share by year: 2017 26% · 2018 17% · 2019 23% · 2020 37% · 2021 19% · 2022 15% · 2023 73% — 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

43% of HOBART AND WILLIAM SMITH COLLEGES's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

HOBART AND WILLIAM SMITH COLLEGES draws 88% of its grant income from funders outside New York, across 23 states in all.

AK
VT
MN
IL
WI
MI
NY
MA
OH
PA
NJ
CT
RI
CA
VA
MD
DE
AZ
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 17 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.

04Its place in the field

Against its field

HOBART AND WILLIAM SMITH COLLEGES runs a healthier operating margin than three-quarters of the 684 education nonprofits its size.

Operating margin29% · top quartile
Months of reserve1.4mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding HOBART AND WILLIAM SMITH COLLEGES receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $16.2M on record — $16.1M federal, $30k state.

Federal$16.1M
grants $16.1Mcontracts $0
17
18
19
20
21
22
23
24
Top agencies
  • Department of Education$8.4M
  • National Science Foundation$5.2M
  • Environmental Protection Agency$1.2M
  • Department of Agriculture$939k
  • Department of Health and Human Services$387k
  • National Aeronautics and Space Administration$25k
State$30k
20
21
22
23
Top programs
  • Voc. Training-Blind Persons$30k

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 HOBART AND WILLIAM SMITH COLLEGES

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 New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 10%Fundraising 2%

Governance

35
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 4 states

NY
MA
AZ
FL

Part of a family of 3 related entities

  • Charitable Remainder Trust (1) · corp_trust
  • Charitable Remainder Unitrust (3) · corp_trust
  • Pooled Income Fund · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for HOBART AND WILLIAM SMITH COLLEGES: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HOBART AND WILLIAM SMITH COLLEGES?
HOBART AND WILLIAM SMITH COLLEGES (New York) receives grants from 210 organizations whose IRS filings report $45,274,230 to it, the largest being FIDELITY FOUNDATION ($20,017,850). 141 of them have funded it in more than one year.
How many funders does HOBART AND WILLIAM SMITH COLLEGES have?
IRS filings report 210 organizations giving $45,274,230 in grants to HOBART AND WILLIAM SMITH COLLEGES, 141 of which have funded it in more than one year.
Who is the largest funder of HOBART AND WILLIAM SMITH COLLEGES?
FIDELITY FOUNDATION is the largest funder on record, with $20,017,850 in grants. The full list of funders is on this page.
How can an organization like HOBART AND WILLIAM SMITH COLLEGES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 210 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