Pennsylvania · Nonprofit
SWARTHMORE COLLEGE
SWARTHMORE COLLEGE (Pennsylvania) receives grants from 254 organizations whose IRS filings report $47,325,461 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($12,653,101). 176 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $382M
- Funders on record
- 254
- Grants received
- $47M
- Net assets
- $3.2B
What Swarthmore College does
Mission
Detail of organization's mission Swarthmore College provides learners of diverse backgrounds a transformative liberal arts education grounded in rigorous intellectual inquiry and empowers all who share in our community to flourish and contribute to a better world. We commit to this mission by: - offering a robust, liberal arts curriculum connecting the arts, humanities, natural sciences and engineering, social sciences, and interdisciplinary programs. - fostering innovative research and creative production and encouraging collaboration among faculty, students, and staff. - building a diverse, equitable, and inclusive residential community that enriches our experiences and expands our worldviews. - stewarding our resources through intentional daily and long-term sustainability practices, honoring our location on the ancestral land of the lenni lenape people. - creating opportunities for education and growth among faculty, students, staff, and alumni by sharing in the multitude of talents of the college community, exploring the beauty of our natural environment, and actively engaging in the rich cultural diversity of our region and our world. - committing to peace, equity, and…
As stated on its FY2025 Form 990.
Program
Swarthmore is a co-educational college of liberal arts and engineering dedicated to intellectual exploration, access, and educating for the common good. The average enrollment for fiscal year 2024-25 was 1,702. There were 191 students studying abroad. Of the total student population, 1,459 come from across the united states while 243 come from other nations. Swarthmore's commitment to financial aid and access is at the core of our educational mission. The college strives to make it possible for all admitted students to attend swarthmore, regardless of their ability to pay, and meets 100 percent of determined need for all admitted students. Nearly 54 percent of students received need-based swarthmore scholarship aid from an overall financial aid expenditures of $60 million. Swarthmore's aid awards consist of grants (which do not need to be repaid) and the expectation that students will work in a part-time campus-based job. The college's financial aid awards are loan-free. Swarthmore's 425-acre arboretum campus includes the crum woods, a naturally wooded area comprising nearly three-fifths of the college's land. In 2015, the college launched its environmental sustainability…
$257,619,156 spentof which $60,525,000 as grants$142,401,000 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $257,619,156.
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 $2.8B to $3.6B (+29%).
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 1% · 2021 2% · 2022 1% · 2023 2% · 2024 1% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.
8% of SWARTHMORE 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. 0 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
Harold Kalkstein
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 66 funders to 113 funders, grant income fell $5.6M → $4.7M.
53 of 254 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 SWARTHMORE COLLEGE’s funders (the co-funder graph). Top 30 of 254 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
SWARTHMORE COLLEGE has a broad base — no single funder exceeds 27% 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
66% 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 SWARTHMORE COLLEGE.
Largest funder’s share by year: 2017 27% · 2018 35% · 2019 16% · 2020 62% · 2021 11% · 2022 43% · 2023 16% — diversifying over time.
“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
50% of SWARTHMORE COLLEGE's funders are still giving 3 years after their first grant; 69% 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
59% of SWARTHMORE COLLEGE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $20M that is directly attributable, 80% of it comes from funders outside Pennsylvania, across 31 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $28M arriving through sponsors registered in 23 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
SWARTHMORE COLLEGE runs a healthier operating margin 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 SWARTHMORE COLLEGE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25.2M on record — $25.2M federal, $3k state.
- National Science Foundation$10.9M
- Department of Education$6.0M
- Department of Health and Human Services$5.7M
- Department of Energy$1.1M
- National Endowment for the Humanities$854k
- National Aeronautics and Space Administration$708k
- DIAMOND STATE SCHOLARSHIP$3k
- SCHOLARSHIPS$150
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 SWARTHMORE 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 Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 12 states
Part of a family of 7 related entities
- Parrish LLC · disregarded
- Highland Capital Partners VIII · partnership
- The Varde Asia Credit Fund II LP · partnership
- Marjay Productions Inc · corp_trust
- Charitable Remainder Annuity Trusts · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for SWARTHMORE 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 SWARTHMORE COLLEGE?
- SWARTHMORE COLLEGE (Pennsylvania) receives grants from 254 organizations whose IRS filings report $47,325,461 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($12,653,101). 176 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SWARTHMORE COLLEGE have?
- IRS filings report 254 organizations giving $47,325,461 in grants to SWARTHMORE COLLEGE, 176 of which have funded it in more than one year.
- Who is the largest funder of SWARTHMORE COLLEGE?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $12,653,101 in grants. The full list of funders is on this page.
- How can an organization like SWARTHMORE COLLEGE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Swarthmore 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 254 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