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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 58-0566243

Spelman College

ATLANTA, GANTEE: B420Founded 1881Website

mission statement

Spelman college, a historically black college and global leader in the education of women of african descent, is dedicated to the academic excellence of its students.

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Total Revenue

$288.4M

FY 2023

Program Spending

81.5%

of total expenses

Known Funders

302

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$993.5M

Total Assets

$927.8M net

64.93 mo

Operating Reserves

FY 2023

+48%

Revenue Growth

YoY

1496

Total Employees

FY 2023

Funding Track Record

Backed by 302 Institutional Funders

$515.0M raised across 866 grants · +$27.6M committed (2019–2024 filings)

Funder Geography

Funders across 34 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Spelman College Special Ventures Fund Inc	ATLANTA, GA	$347,164,162
National Philanthropic Trust	JENKINTOWN, PA	$20,230,940
United Negro College Fund Inc	WASHINGTON, DC	$19,058,047
Lettie Pate Evans Foundation Inc	Atlanta, GA	$12,000,007 +$6,000,000 committed
Alice L Walton Foundation	BENTONVILLE, AR	$10,372,698
The Arthur M Blank Family Foundation	ATLANTA, GA	$9,110,000 +$7,000,000 committed
Charles & Lucille King Family	GARDEN CITY, NY	$8,880,000
The Bank of America Charitable	CHARLOTTE, NC	$7,119,602
Combined Jewish Philanthropies of Greater Boston Inc	Boston, MA	$7,100,000
The William & Flora Hewlett Foundation	MENLO PARK, CA	$5,060,000

Total tracked: $514,974,070 across 866 grants · +$27,592,733 committed across 41 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$106.9M in expenses

Instruction, student services, and academic support founded in 1881, spelman college is a private, nonprofit institution of higher education based in atlanta, georgia. The college is accredited by the commission on colleges of the southern association of colleges and schools and provides quality liberal arts education and training services for approximately 2,500 undergraduate students. In addition, the college maintains special programs such as continuing education, summer science and dual degrees in engineering. Spelman college also provides a dynamic and interactive campus community with a variety of diverse programs and services designed to enhance the personal growth and development of its students. Academic support services includes departments that provide tutoring and academic support programs. Academic support services also partners with the student success program, which provides course support for students to master course content and ultimately attain their academic goals.

$26.6M in expenses

Auxiliary enterprises as a residential liberal arts college, spelman college provides on campus housing for approximately 1,400 students. Spelman also provides dining services to its residential students, as well as commuter students, faculty, staff and others. Spelman operates a 500 space parking deck for faculty, staff, and students. Additionally, spelman offers a variety of summer conferences for high school students and other interested students.

$5.9M in expenses

Research spelman college performs research, training, and other similar services under grants with governmental agencies or sponsoring organizations.

$276K in expenses

Public service

Financial History