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Nonprofit · EIN 04-1843040

TRUSTEES OF THE SMITH COLLEGE

Also known as Smith College Club of the Treasure Coast

Tax-exempt · NORTHAMPTON, MA 01063

Financials

$587.5M$385.6M2022$390.1M$411.6M2023$532.5M$446.3M2024
Revenue Expenses · by fiscal year end
Financials of TRUSTEES OF THE SMITH COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$532,538,934$446,297,536$86,241,398$3,887,000,859$639,090,073$3,247,910,786
June 30, 2024990$390,094,960$411,554,361-$21,459,401$3,725,228,026$641,338,365$3,083,889,661
June 30, 2023990$587,487,822$385,649,483$201,838,339$3,615,699,490$632,443,587$2,983,255,903
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$71,269,988
of which government grants
$6,285,842
Program service revenue
$244,939,189
Investment income
$201,348,478
Royalties
$65,207
Net rental income
$951,845
Net gain from sales of assets
$163,527,989
Net income from sales of inventory
$93,173
Other revenue
$14,981,279

Expenses

Grants and similar amounts paid
$121,223,405
Compensation of officers, directors and key employees
$8,249,351
Other salaries and wages
$136,215,174
Salaries, compensation and benefits (total)
$189,263,048
Professional fundraising fees
$0
Legal fees
$1,022,067
Accounting fees
$560,586
Occupancy
$14,324,638
Travel
$3,885,881
Depreciation
$29,986,464
Program services (functional)
$368,370,287
Management and general (functional)
$70,638,940
Fundraising (functional)
$7,288,309

Balance sheet and other

Total assets, start of year
$3,725,228,026
Total assets, end of year
$3,887,000,859
Total liabilities, end of year
$639,090,073
Net assets, end of year
$3,247,910,786
Land, buildings and equipment
$818,871,034
Publicly traded securities
$115,017,539
Net assets without donor restrictions
$957,253,912
Net assets with donor restrictions
$2,290,656,874
Gross unrelated business income
$7,930,113
Gross receipts
$1,120,746,535
Employees
4,519
Volunteers
6,000
Year formed
1871
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LISA MARIE HOWIECHIEF INVESTMENT OFFICER
Officer
40$1,630,973$52,929
SARAH WILLIE-LEBRETONPRESIDENT
Trustee or director, Officer
40$619,663$125,369
CAROLINE THOMASDIRECTOR OF INVESTMENTS
Highest-paid employee
40$618,141$60,187
COREY WALKERDIRECTOR OF INVESTMENTS
Highest-paid employee
40$592,273$66,845
BETH B RAFFELDSVP FOR DEVELOPMENT
Key employee
40$564,617$43,932
KATHLEEN MCCARTNEYFORMER PRESIDENT
Former
40$496,077$42,979
DAVID C DESWERTEVP FINANCE AND ADMINISTRATION
Officer
40$470,539$52,895
JULIA YAGERVP OF COLLEGE RELATIONS & COMM
Highest-paid employee
40$382,479$55,181
MICHAEL T THURSTONFMR OFFICER-CHAIR OF WORLD LIT
Former
40$354,100$59,259
SAMANTHA S EARPVP FOR IT UNTIL 3/23/2025
Key employee
40$332,964$66,537
BRIAN JOHN DWYERDIRECTOR OPERATIONS INVESTMENT
Highest-paid employee
40$311,568$64,162
JOANNA MAYVP ENROLLMENT
Key employee
40$324,177$50,069
MARIANNE RM YOSHIOKADEAN SCHOOL OF SOCIAL WORK
Highest-paid employee
40$305,610$46,828
ALEXANDRA LM KELLERVP CAMPUS LIFE & COLLEGE DEAN
Key employee
40$267,727$56,652
JAMES GRAYFORMER AVP FAC & OPER
Former
40$295,904$18,853
32 more people on this return
NameTitleHours / weekCompensationOther / benefits
DAPHNE M LAMOTHEPROVOST & DEAN OF THE FACULTY
Officer
40$198,961$46,971
JILLIAN MCGRATHAVP FOR FINANCE & CONTROLLER
Officer
40$212,670$25,778
ELENA J PALLADINOSECRETARY & AVP STRATEGIC INIT
Officer
40$160,166$43,011
ANU AIYENGARTRUSTEE
Trustee or director
5$0$0
DEBORAH ARCHERTRUSTEE
Trustee or director
5$0$0
ANDREA AUERBACHTRUSTEE
Trustee or director
5$0$0
JOHAN AURIKTRSUTEE
Trustee or director
5$0$0
LISA BLACKTRUSTEE
Trustee or director
5$0$0
JANELLE BRADSHAWTRUSTEE
Trustee or director
5$0$0
MOLLY BURKETRUSTEE
Trustee or director
5$0$0
MATTIE PETERSON COMPTONTRUSTEE
Trustee or director
5$0$0
DENISE WHALEN CONWAYTRUSTEE
Trustee or director
5$0$0
PAMELA CRAIGTRUSTEE
Trustee or director
5$0$0
DEBORAH DECOTISTRUSTEE
Trustee or director
5$0$0
CECILIA EDWARDSTRUSTEE
Trustee or director
5$0$0
LILE GIBBONSTRUSTEE
Trustee or director
5$0$0
ALICIA HAMMARSKJOLDTRUSTEE
Trustee or director
5$0$0
TERRY HARTLETRUSTEE
Trustee or director
5$0$0
PEGGIE KOONTRUSTEE
Trustee or director
5$0$0
CATHERINE KOSHLANDTRUSTEE
Trustee or director
5$0$0
CYNTHIA MEYNTRUSTEE
Trustee or director
5$0$0
SUSAN MAY MOLINEAUXTRUSTEE
Trustee or director
5$0$0
BEVERLY MORGAN-WELCHTRUSTEE
Trustee or director
5$0$0
KATE O'BRIANTRUSTEE
Trustee or director
5$0$0
ALISON OVERSETHTRUSTEE
Trustee or director
5$0$0
DAVID OXTOBYTRUSTEE
Trustee or director
5$0$0
LYNN REICHENBACHTRUSTEE
Trustee or director
5$0$0
CLAUDIA SAN PEDROTRUSTEE
Trustee or director
5$0$0
KIMBERLY SCOTTTRUSTEE
Trustee or director
5$0$0
ANN SILVERMANTRUSTEE
Trustee or director
5$0$0
EMILY VAN AGTMAELTRUSTEE
Trustee or director
5$0$0
LING YANGTRUSTEE
Trustee or director
5$0$0
990 for the year ended June 30, 2024: 46 people
NameTitleHours / weekCompensationOther / benefits
KATHLEEN MCCARTNEYPRESIDENT
Former
40$1,861,336$130,415
LISA MARIE HOWIECHIEF INVESTMENT OFFICER
Officer
40$1,481,595$47,045
CAROLINE THOMASDIRECTOR OF INVESTMENTS
Highest-paid employee
40$588,484$56,943
COREY WALKERDIRECTOR OF INVESTMENTS
Highest-paid employee
40$552,203$35,231
BETH B RAFFELDVP FOR DEVELOPMENT
Key employee
40$496,186$42,044
DAVID C DESWERTEVP FINANCE AND ADMINISTRATION
Officer
40$413,580$50,479
BRIAN J DWYERDIRECTOR OPERATIONS INVESTMENT
Highest-paid employee
40$306,807$62,236
MICHAEL T THURSTONPROVOST & DEAN OF THE FACULTY
Officer
40$311,308$54,959
SARAH WILLIE-LEBRETONPRESIDENT
Trustee or director, Officer
40$308,719$44,908
JULIA YAGERVP OF COLLEGE RELATIONS & COMM
Highest-paid employee
40$296,024$53,118
SAMANTHA S EARPVP FOR IT
Key employee
40$289,400$59,472
JAMES GRAYAVP FACILITIES & OPERATIONS
Key employee
40$299,791$46,172
MARIANNE RM YOSHIOKADEAN OF SSW
Highest-paid employee
40$292,743$44,689
JOANNA MAYVP ENROLLMENT
Key employee
40$282,284$44,097
ALEXANDRA L M KELLERINTERIM DEAN/VP CAMPUS LIFE
Key employee
40$232,655$50,652
JILLIAN MCGRATHCONTROLLER
Officer
40$201,597$24,619
ELENA J PALLADINOSECRETARY
Officer
40$138,895$38,998
ANU AIYENGARTRUSTEE
Trustee or director
5$0$0
DEBORAH ARCHERTRUSTEE
Trustee or director
5$0$0
ANDREA AUERBACHTRUSTEE
Trustee or director
5$0$0
JOHAN AURIKTRUSTEE
Trustee or director
5$0$0
LISA BLACKTRUSTEE
Trustee or director
5$0$0
JANELLE BRADSHAWTRUSTEE
Trustee or director
5$0$0
MOLLY BURKETRUSTEE
Trustee or director
5$0$0
MATTIE PETERSON COMPTONTRUSTEE, VICE CHAIR
Trustee or director
5$0$0
DENISE WHALEN CONWAYTRUSTEE
Trustee or director
5$0$0
PAMELA CRAIGTRUSTEE
Trustee or director
5$0$0
DEBORAH DECOTISTRUSTEE
Trustee or director
5$0$0
LILE GIBBONSTRUSTEE
Trustee or director
5$0$0
ALICIA HAMMARSKJOLDTRUSTEE
Trustee or director
5$0$0
TERRY HARTLETRUSTEE
Trustee or director
5$0$0
PEGGIE KOONTRUSTEE
Trustee or director
5$0$0
PEGGY LIUTRUSTEE
Trustee or director
5$0$0
CYNTHIA MEYNTRUSTEE
Trustee or director
5$0$0
SUSAN MAY MOLINEAUXTRUSTEE, VICE CHAIR
Trustee or director
5$0$0
BEVERLY MORGAN-WELCHTRUSTEE
Trustee or director
5$0$0
MOHSEN MOSTAFAVITRUSTEE
Trustee or director
5$0$0
KATE O'BRIANTRUSTEE
Trustee or director
5$0$0
ALISON OVERSETHTRUSTEE, CHAIR
Trustee or director
5$0$0
DAVID OXTOBYTRUSTEE
Trustee or director
5$0$0
LYNN REICHENBACHTRUSTEE
Trustee or director
5$0$0
CLAUDIA SAN PEDROTRUSTEE
Trustee or director
5$0$0
KIMBERLY SCOTTTRUSTEE
Trustee or director
5$0$0
ANN SILVERMANTRUSTEE
Trustee or director
5$0$0
EMILY VAN AGTMAELTRUSTEE
Trustee or director
5$0$0
LING YANGTRUSTEE
Trustee or director
5$0$0
990 for the year ended June 30, 2023: 49 people
NameTitleHours / weekCompensationOther / benefits
LISA MARIE HOWIECHIEF INVESTMENT OFFICER
Officer
40$1,501,647$46,615
KATHLEEN MCCARTNEYPRESIDENT
Trustee or director, Officer
40$720,740$746,436
BETH B RAFFELDVP FOR DEVELOPMENT
Key employee
40$489,307$38,988
DAVID C DESWERTEVP FINANCE AND ADMINISTRATION
Officer
40$398,331$46,558
MICHAEL T THURSTONPROVOST & DEAN OF THE FACULTY
Officer
40$289,110$55,979
LAURIE FENLASONVP FOR PUBLIC AFFAIRS
Key employee
40$298,346$45,493
SAMANTHA S EARPVP FOR IT
Key employee
40$286,100$56,984
CAROLINE THOMASDIRECTOR OF INVESTMENTS
Highest-paid employee
40$326,224$10,221
JAMES GRAYAVP FACILITIES & OPERATIONS
Key employee
40$290,753$44,369
JULIA YAGERVP OF COLLEGE RELATIONS & COMM
Highest-paid employee
40$285,229$48,138
MARIANNE RM YOSHIOKADEAN OF SSW
Highest-paid employee
40$279,445$42,312
BRIAN J DWYERDIRECTOR OPERATIONS INVESTMENT
Highest-paid employee
40$291,354$21,852
JOANNA MAYVP ENROLLMENT
Key employee
40$270,474$41,980
ANNE-MARIE SZMYTAVP FOR HR
Highest-paid employee
40$251,713$52,568
BAISHAKHI TAYLORDEAN OF COLLEGE/VP CAMPUS LIFE
Key employee
40$226,041$33,947
ALEXANDRA L M KELLERINTERIM DEAN/VP CAMPUS LIFE
Key employee
40$172,185$40,650
MATTHEW MOTYKAASSOC TREASURER & CONTROLLER
Officer
40$142,011$30,884
ELENA J PALLADINOSECRETARY
Officer
40$131,218$36,280
JILLIAN MCGRATHCONTROLLER
Officer
40$143,230$6,645
ANU AIYENGARTRUSTEE
Trustee or director
5$0$0
ANDREA AUERBACHTRUSTEE
Trustee or director
5$0$0
JOHAN AURIKTRUSTEE
Trustee or director
5$0$0
LISA BLACKTRUSTEE
Trustee or director
5$0$0
JANELLE BRADSHAWTRUSTEE
Trustee or director
5$0$0
MOLLY BURKETRUSTEE
Trustee or director
5$0$0
FARAH CHAMPSITRUSTEE
Trustee or director
5$0$0
MATTIE PETERSON COMPTONTRUSTEE, VICE CHAIR
Trustee or director
5$0$0
DENISE WHALEN CONWAYTRUSTEE
Trustee or director
5$0$0
PAMELA CRAIGTRUSTEE
Trustee or director
5$0$0
DEBORAH DECOTISTRUSTEE
Trustee or director
5$0$0
LILE GIBBONSTRUSTEE
Trustee or director
5$0$0
ALICIA HAMMARSKJOLDTRUSTEE
Trustee or director
5$0$0
TERRY HARTLETRUSTEE
Trustee or director
5$0$0
PEGGIE KOONTRUSTEE
Trustee or director
5$0$0
PEGGY LIUTRUSTEE
Trustee or director
5$0$0
CYNTHIA MEYNTRUSTEE
Trustee or director
5$0$0
SUSAN MAY MOLINEAUXTRUSTEE, VICE CHAIR
Trustee or director
5$0$0
BEVERLY MORGAN-WELCHTRUSTEE
Trustee or director
5$0$0
MOHSEN MOSTAFAVITRUSTEE
Trustee or director
5$0$0
ALISON OVERSETHTRUSTEE, CHAIR
Trustee or director
5$0$0
DAVID OXTOBYTRUSTEE
Trustee or director
5$0$0
LYNN REICHENBACHTRUSTEE
Trustee or director
5$0$0
PATRICIA RIBAKOFFTRUSTEE
Trustee or director
5$0$0
CLAUDIA SAN PEDROTRUSTEE
Trustee or director
5$0$0
KIMBERLY SCOTTTRUSTEE
Trustee or director
5$0$0
ANN SILVERMANTRUSTEE
Trustee or director
5$0$0
SARAH STAPLETONTRUSTEE
Trustee or director
5$0$0
EMILY VAN AGTMAELTRUSTEE
Trustee or director
5$0$0
DEBORAH WEINBERGTRUSTEE
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
10 ELM STREET COLLEGE HALL RM 204, NORTHAMPTON, MA 01063-0001
In care of
% JILLIAN MCGRATH
Mailing address (990-N for 2013)
1825 Mooringline Dr Apt PHA, Vero Beach FL 32963
Principal officer (990 for 2024)
SARAH WILLIE-LEBRETON, COLLEGE HALL 204 10 ELM ST, NORTHAMPTON, MA 01063
Principal officer (990-N for 2013)
Ann Spencer, 851 Island Club Square, Vero Beach FL 32963
Signed the 990
DAVID DESWERT, EVP FINANCE & ADMIN
Phone
(413) 585-2200
Return prepared by
PWC US TAX LLP

Mission

SMITH COLLEGE EDUCATES WOMEN OF PROMISE FOR LIVES OF DISTINCTION AND PURPOSE. A COLLEGE OF AND FOR THE WORLD, SMITH COLLEGE LINKS THE POWER OF THE LIBERAL ARTS TO EXCELLENCE IN RESEARCH AND SCHOLARSHIP, DEVELOPING LEADERS FOR SOCIETY'S CHALLENGES. SEE SCHEDULE O.

990 for the year ended June 30, 2025

Program accomplishments

  • UNDERGRADUATE EDUCATIONAL PROGRAMS SERVING 2,500 STUDENTS. SMITH COLLEGE OFFERS 1,000 COURSES IN MORE THAN 50 AREAS OF STUDY. SMITH'S PROGRAMS IN FLORENCE, GENEVA, HAMBURG AND PARIS COMBINE RIGOROUS ACADEMICS WITH THE EXPERIENCE OF LIVING IN ANOTHER COUNTRY AND DISCOVERING A NEW CULTURE. FOR EXTRACURRICULAR ACTIVITIES, THE COLLEGE HAS MORE THAN 100 CHARTERED STUDENT ORGANIZATIONS WITH A RANGE OF SERVICES AND ACTIVITIES, A DOZEN VARSITY SPORTS AND EXTENSIVE INTRAMURAL AND CLUB SPORTS PROGRAMS. THE CAMPUS SCHOOL (K TO 6) AND THE CENTER FOR EARLY CHILDHOOD EDUCATION SERVE AS LABORATORIES FOR THE DEPARTMENT OF EDUCATION & CHILD STUDY.
    Expenses $320,023,680 · grants $113,171,293 · revenue $224,923,744
  • THE SCHOOL FOR SOCIAL WORK OFFERS A MASTER OF SOCIAL WORK (MSW) DEGREE FOCUSED ON CLINICAL SOCIAL WORK AND DIRECT FIELD WORK PRACTICE. THE PROGRAM STRESSES THE INTEGRATION OF CLINICAL THEORY & PRACTICE WITH AN UNDERSTANDING OF THE SOCIAL CONTEXT IN WHICH PEOPLE LIVE. IT ALSO EMPHASIZES AN UNDERSTANDING OF THE SOCIAL POLICIES AND ORGANIZATIONAL STRUCTURE THAT INFLUENCE THE SCHOOL'S SERVICE DELIVERY SYSTEM. IN ADDITION, THE SCHOOL OFFERS A PH.D. PROGRAM DESIGNED TO PREPARE MSWS FOR LEADERSHIP POSITIONS IN CLINICAL RESEARCH, EDUCATION, AND PRACTICE. IT ALSO PROVIDES EXTENSIVE POSTGRADUATE OFFERINGS THROUGH ITS CONTINUING EDUCATION PROGRAM.
    Expenses $13,056,651 · grants $4,406,699 · revenue $9,176,667
  • GRADUATE EDUCATIONAL PROGRAMS OFFER WOMEN & MEN ADVANCED DEGREES OF MASTERS OF ARTS IN TEACHING (ELEMENTARY, MIDDLE OR HIGH SCHOOL), MASTER OF FINE ARTS, MASTER OF SCIENCE IN BIOLOGICAL SCIENCES, AND MASTER OF SCIENCE IN EXERCISE AND SPORT STUDIES. IN SPECIAL ONE-YEAR PROGRAMS, INTERNATIONAL STUDENTS MAY QUALIFY FOR A CERTIFICATE OF GRADUATE STUDIES OR A DIPLOMA IN AMERICAN STUDIES. EACH YEAR 100 MEN & WOMEN PURSUE SUCH ADVANCED WORK. INDIVIDUALS MAY ALSO ENROLL AS NON-DEGREE STUDENTS BY REGISTERING FOR ONE OR MORE COURSES. MOST GRADUATE COURSES ARE PLANNED FOR GRADUATE STUDENTS WHO ARE DEGREE CANDIDATES.
    Expenses $6,067,120 · grants $3,346,319 · revenue $4,264,182
  • SEE SCHEDULE O
    Expenses $29,222,836 · grants $299,094 · revenue $18,454,720

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-1843040
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1934
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$3,887,000,859
Income (IRS master file)
$1,120,746,535

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$532,538,934$446,297,536$3,887,000,859IRS
990-TJune 2025–––IRS
990June 2024$390,094,960$411,554,361$3,725,228,026IRS
990-TJune 2024–––IRS
990June 2023$587,487,822$385,649,483$3,615,699,490XML
990-TJune 2023–––IRS
990June 2022$711,163,748$369,492,658$3,540,762,539IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS
990-N for 2013
Officer: Ann Spencer
June 30, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-1843040).

Questions about TRUSTEES OF THE SMITH COLLEGE

What is the EIN of TRUSTEES OF THE SMITH COLLEGE?
The employer identification number (EIN) of TRUSTEES OF THE SMITH COLLEGE is 04-1843040.
Is TRUSTEES OF THE SMITH COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to TRUSTEES OF THE SMITH COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRUSTEES OF THE SMITH COLLEGE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TRUSTEES OF THE SMITH COLLEGE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRUSTEES OF THE SMITH COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TRUSTEES OF THE SMITH COLLEGE?
The 990 for the year ended June 30, 2025 names SARAH WILLIE-LEBRETON.
Who are the officers and directors of TRUSTEES OF THE SMITH COLLEGE?
The 990 for the year ended June 30, 2025 lists 47 people; 18 received compensation from the organization, the highest $1,630,973 (LISA MARIE HOWIE, CHIEF INVESTMENT OFFICER).
How much revenue does TRUSTEES OF THE SMITH COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $532,538,934, expenses of $446,297,536 and total assets of $3,887,000,859 at year end.

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