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Massachusetts · Nonprofit

Williams College

Williams College (Massachusetts) receives grants from 490 organizations whose IRS filings report $185,764,343 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($35,999,185). 338 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$529M
Revenue FY2025
490
Funders on record
$186M
Grants received
$4.4B
Net assets
338/490 repeat funderspeak grant-dependency 7%

Against its field

Williams College runs a healthier operating margin than three-quarters of the 671 education nonprofits its size.

Operating margin25% · top quartile
Months of reserve8.3mo · top quartile
Revenue growth (annualized)8% · top quartile

this organization peer median middle 50% of peers· 671 education nonprofits over $100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($283M) Expenses 100 ($288M) Net assets 100 ($2.8B)2018 Revenue 138 ($389M) Expenses 106 ($304M) Net assets 109 ($3.1B)2019 Revenue 166 ($469M) Expenses 113 ($325M) Net assets 114 ($3.2B)2020 Revenue 124 ($350M) Expenses 112 ($324M) Net assets 112 ($3.2B)2021 Revenue 140 ($397M) Expenses 108 ($310M) Net assets 157 ($4.4B)2022 Revenue 197 ($557M) Expenses 117 ($336M) Net assets 136 ($3.9B)2023 Revenue 150 ($424M) Expenses 124 ($357M) Net assets 137 ($3.9B)2024 Revenue 158 ($448M) Expenses 127 ($366M) Net assets 145 ($4.1B)2025 Revenue 187 ($529M) Expenses 138 ($397M) Net assets 155 ($4.4B)
'17'18'19'20'21'22'23'24'25
Revenue (187)Expenses (138)Net assets (155)Peer revenue range

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 0% · 2020 1% · 2021 1% · 2022 2% · 2023 2% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

19% of Williams College’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 729 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$5.2M
17
$85M
18
$144M
19
$26M
20
$87M
21
$222M
22
$67M
23
$82M
24
$132M
25
8.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 135 funders to 245 funders, grant income rose $9.8M → $26M.

83 of 490 of your funders are donor-advised or pass-through sponsors (tagged DAF)63% 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 Williams College’s funders (the co-funder graph). Top 30 of 490 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

Williams College has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 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 Williams College.

19%
largest funder
45%
top three
~12
effective funders

Largest funder’s share by year: 2017 27% · 2018 26% · 2019 34% · 2020 18% · 2021 29% · 2022 22% · 2023 20%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

54% of Williams College's funders are still giving 3 years after their first grant; 69% 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

63% of Williams 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 $68M that is directly attributable, 92% of it comes from funders outside Massachusetts, across 40 states.

ME
VT
NH
WA
MT
MN
IL
WI
MI
NY
MA
NV
WY
IN
OH
PA
NJ
CT
RI
CA
UT
CO
MO
KY
WV
VA
MD
DE
AZ
NM
TN
NC
DC
HI
OK
MS
AL
GA
TX
FL

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

17
18
19
20
21
22
23
Massachusetts out of state home

Funder states come from each funder’s own filing. $118M arriving through sponsors registered in 29 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 490 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Williams College receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $37k on record.

State$37k
19
20
21
22
24
25
26
By state
  • VT$23k
  • CT$14k

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 Williams College

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 3%

Governance

25
board members
96%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 2 states

MA
CA

Part of a family of 12 related entities

  • Williams Inn LLC · disregarded
  • Sterling & Francine Clark Art Institute · exempt
  • Associated Kyoto Program Inc · exempt
  • Williams College Land Foundation · exempt
  • Williams College Oxford Programme · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Williams 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.

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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Williams College?
Williams College (Massachusetts) receives grants from 490 organizations whose IRS filings report $185,764,343 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($35,999,185). 338 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Williams College have?
IRS filings report 490 organizations giving $185,764,343 in grants to Williams College, 338 of which have funded it in more than one year.
Who is the largest funder of Williams College?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $35,999,185 in grants. The full list of funders is on this page.
How can an organization like Williams College find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 490funders 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 August 27, 2026. What this page cannot tell you · view filing