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Nonprofit · EIN 24-0795686

LAFAYETTE COLLEGE

Tax-exempt · EASTON, PA 18042

Financials

$259M$258.4M2022$262.5M$278.3M2023$335.2M$292.3M2024
Revenue Expenses · by fiscal year end
Financials of LAFAYETTE COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$335,226,661$292,271,663$42,954,998$1,841,384,079$364,313,175$1,477,070,904
June 30, 2024990$262,517,308$278,282,629-$15,765,321$1,744,964,455$371,640,453$1,373,324,002
June 30, 2023990$258,966,915$258,407,731$559,184$1,649,595,334$376,125,566$1,273,469,768
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$43,415,297
of which government grants
$3,457,108
Program service revenue
$222,680,307
Investment income
$65,249,617
Net rental income
$385,000
Net gain from sales of assets
$51,773,544
Net income from fundraising events
$31,009
Net income from sales of inventory
-$250,697
Other revenue
$3,881,440

Expenses

Grants and similar amounts paid
$74,332,949
Compensation of officers, directors and key employees
$5,542,252
Other salaries and wages
$79,981,732
Salaries, compensation and benefits (total)
$113,419,523
Professional fundraising fees
$579,805
Legal fees
$811,300
Accounting fees
$230,780
Occupancy
$8,130,765
Travel
$6,193,444
Depreciation
$20,680,225
Program services (functional)
$254,907,363
Management and general (functional)
$32,659,907
Fundraising (functional)
$4,704,393

Balance sheet and other

Total assets, start of year
$1,744,964,455
Total assets, end of year
$1,841,384,079
Total liabilities, end of year
$364,313,175
Net assets, end of year
$1,477,070,904
Land, buildings and equipment
$494,367,379
Publicly traded securities
$185,201,452
Net assets without donor restrictions
$520,542,545
Net assets with donor restrictions
$956,528,359
Gross unrelated business income
-$1,489,252
Gross receipts
$638,892,789
Employees
2,602
Volunteers
3,961
Year formed
1826
State of legal domicile
PA

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
NICOLE F HURDPRESIDENT
Trustee or director, Officer
50$1,027,882$105,688
KRISHNA MEMANICHIEF INVESTMENT OFFICER
Key employee
50$960,549$49,239
JOHN R DAILEYDIRECTOR OF INVESTMENTS
Highest-paid employee
50$482,908$43,447
LI ZHAODIR. OF INVESTMENTS (THRU 05/2025)
Highest-paid employee
50$468,437$27,572
AUDRA J KAHREVP FINANCE & ADMINISTRATION
Officer
50$413,852$50,002
SHERRYTA FREEMANDIRECTOR OF ATHLETICS
Key employee
50$308,955$36,679
BRUCE A MURPHYKIRBY PROFESSOR OF GOVERNMENT & LAW
Highest-paid employee
50$287,659$43,759
JOHN D TROXELLHEAD COACH - FOOTBALL
Highest-paid employee
50$274,818$43,504
JOHN KINCAID - MEYNER PROFOF GOV.& PUBLIC SVCS.
Highest-paid employee
50$279,876$34,961
FORREST STUARTVP ENROLLMENT MANAGEMENT
Key employee
50$254,706$40,221
JOHN L O'KEEFE - VP CHIEFINFORMATION OFFICER (THRU 10/2024)
Former
50$215,026$34,997
SARAH MOSCHENROSSVP FOR STUDENT LIFE
Key employee
50$205,321$36,973
JOHN E MEIERPROVOST (THRU 06/2024)
Former
50$189,256$49,637
ALMA SCOTT-BUCZAKASSOC VP HUMAN RESOURCES
Key employee
50$203,574$33,275
LAURA MCGRANEPROVOST (AS OF 07/2024)
Officer
50$147,375$37,658
34 more people on this return
NameTitleHours / weekCompensation
LESLIE MUHLFELDERFORMER GENERAL COUNSEL (THRU 06/2024
Former
50$184,548
ROBERT E SELLCHAIR
Trustee or director, Officer
5$0
LINDA ASSANTE CARRASCOVICE CHAIR
Trustee or director, Officer
5$0
ANGEL L MENDEZSECRETARY
Trustee or director, Officer
5$0
JAMES R BIRLE JREXECUTIVE COMMITTEE
Trustee or director
3$0
ANTONIO F FERNANDEZEXECUTIVE COMMITTEE
Trustee or director
3$0
SUSAN L FOXEXECUTIVE COMMITTEE
Trustee or director
3$0
LEO A HELMERSEXECUTIVE COMMITTEE
Trustee or director
3$0
JEFFERSON W KIRBYEXECUTIVE COMMITTEE
Trustee or director
3$0
PAMELA S PASSMANEXECUTIVE COMMITTEE
Trustee or director
3$0
JAMES L BENJAMINTRUSTEE
Trustee or director
2$0
KIMBERLY W BENSTONTRUSTEE
Trustee or director
2$0
HARRY S CHERKENTRUSTEE
Trustee or director
2$0
SEBASTIAN J CRAPANZANOTRUSTEE
Trustee or director
2$0
TANUJA MAJUMDAR DEHNETRUSTEE
Trustee or director
2$0
LANETA J DORFLINGERTRUSTEE
Trustee or director
2$0
JOHNATHAN S ELLISTRUSTEE
Trustee or director
2$0
JOHN A FRYTRUSTEE
Trustee or director
2$0
KIRSTI WELLS GOODWINTRUSTEE
Trustee or director
2$0
MICHAEL C HEANEYTRUSTEE
Trustee or director
2$0
HAROLD N KAMINETRUSTEE
Trustee or director
2$0
CLAUDINE D LILIENTRUSTEE
Trustee or director
2$0
JUDSON C LINVILLETRUSTEE
Trustee or director
2$0
KAMAKA R MARTINTRUSTEE
Trustee or director
2$0
D CHRISTIAN MCCUMBERTRUSTEE
Trustee or director
2$0
QUINCY L MILLERTRUSTEE
Trustee or director
2$0
JB REILLYTRUSTEE
Trustee or director
2$0
JOSE A RODRIGUEZTRUSTEE
Trustee or director
2$0
DAVID M ROTHTRUSTEE
Trustee or director
2$0
PETER S RUGGIEROTRUSTEE
Trustee or director
2$0
JOHN C SANTOS JRTRUSTEE
Trustee or director
2$0
WILLIAM H SPENCETRUSTEE
Trustee or director
2$0
WYNNE A WHITMANTRUSTEE
Trustee or director
2$0
ALVIN M YEARWOODTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 50 people
NameTitleHours / weekCompensationOther / benefits
NICOLE F HURDPRESIDENT
Trustee or director, Officer
50$906,957$162,427
KRISHNA MEMANICHIEF INVESTMENT OFFICER
Officer
50$939,939$47,070
JOHN R DAILEYDIRECTOR OF INVESTMENTS
Highest-paid employee
50$505,701$40,875
LI ZHAODIRECTOR OF INVESTMENTS
Highest-paid employee
50$462,824$23,225
LESLIE F MUHLFELDER - VP HUMANRES., GEN. COUNSEL (THRU 06/2023)
Former
50$431,052$27,685
JOHN D TROXELLHEAD COACH - FOOTBALL
Highest-paid employee
50$413,023$39,838
AUDRA J KAHREVP FINANCE & ADMINISTRATION
Officer
50$396,244$47,028
JOHN E MEIERPROVOST (THRU 06/2024)
Officer
50$331,704$61,436
SHERRYTA FREEMANDIRECTOR OF ATHLETICS
Highest-paid employee
50$297,224$34,422
BRUCE A MURPHYKIRBY PROFESSOR OF GOVERNMENT & LAW
Highest-paid employee
50$277,791$41,226
JOHN L O'KEEFE - VP CHIEFINFORMAITON OFFICER (THRU 10/2024)
Officer
50$246,403$39,838
FORREST STUARTVP ENROLLMENT MANAGEMENT
Officer
50$244,026$37,801
KIMBERLY A SPANG - VP DEVCOLLEGE RELATIONS (THRU 07/2023)
Former
50$227,313$39,493
ALMA SCOTT-BUCZAKASSOC VP HUMAN RESOURCES
Key employee
50$215,504$33,381
CRAIG BECKERASSOC VP FINANCE (THRU 06/2024)
Key employee
50$212,733$25,425
SARAH MOSCHENROSS - VICE PRESFOR STUDENT LIFE (AS OF 09/2023)
Officer
50$75,617$9,799
ROBERT E SELLCHAIR
Trustee or director, Officer
5$0$0
LINDA ASSANTE CARRASCOVICE CHAIR
Trustee or director, Officer
5$0$0
ANGEL L MENDEZSECRETARY
Trustee or director, Officer
5$0$0
JAMES R BIRLE JREXECUTIVE COMMITTEE
Trustee or director
3$0$0
ANTONIO F FERNANDEZEXECUTIVE COMMITTEE
Trustee or director
3$0$0
SUSAN L FOXEXECUTIVE COMMITTEE
Trustee or director
3$0$0
LEO A HELMERSEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JEFFERSON W KIRBYEXECUTIVE COMMITTEE
Trustee or director
3$0$0
PAMELA S PASSMANEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JAMES L BENJAMINTRUSTEE
Trustee or director
2$0$0
KIMBERLY W BENSTONTRUSTEE
Trustee or director
2$0$0
HARRY S CHERKENTRUSTEE
Trustee or director
2$0$0
SEBASTIAN J CRAPANZANOTRUSTEE
Trustee or director
2$0$0
TANUJA MAJUMDAR DEHNETRUSTEE
Trustee or director
2$0$0
LANETA J DORFLINGERTRUSTEE
Trustee or director
2$0$0
JOHNATHAN S ELLISTRUSTEE
Trustee or director
2$0$0
JOHN A FRYTRUSTEE
Trustee or director
2$0$0
KIRSTI WELLS GOODWINTRUSTEE
Trustee or director
2$0$0
MICHAEL C HEANEYTRUSTEE
Trustee or director
2$0$0
HAROLD N KAMINETRUSTEE
Trustee or director
2$0$0
CLAUDINE D LILIENTRUSTEE
Trustee or director
2$0$0
JUDSON C LINVILLETRUSTEE
Trustee or director
2$0$0
KAMAKA R MARTINTRUSTEE
Trustee or director
2$0$0
D CHRISTIAN MCCUMBERTRUSTEE
Trustee or director
2$0$0
QUINCY L MILLERTRUSTEE
Trustee or director
2$0$0
JB REILLYTRUSTEE
Trustee or director
2$0$0
JOSE A RODRIGUEZTRUSTEE
Trustee or director
2$0$0
DAVID M ROTHTRUSTEE
Trustee or director
2$0$0
PETER S RUGGIEROTRUSTEE
Trustee or director
2$0$0
JOHN C SANTOS JRTRUSTEE
Trustee or director
2$0$0
WILLIAM H SPENCETRUSTEE
Trustee or director
2$0$0
LAUREN A STEINITZTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
WYNNE A WHITMANTRUSTEE
Trustee or director
2$0$0
ALVIN M YEARWOODTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 51 people
NameTitleHours / weekCompensationOther / benefits
KRISHNA MEMANICHIEF INVESTMENT OFFICER
Officer
50$838,895$43,932
NICOLE F HURDPRESIDENT
Trustee or director, Officer
50$703,898$165,659
JOHN R DAILEYINVESTMENT DIRECTOR
Highest-paid employee
50$400,623$38,989
KIMBERLY A SPANGVP DEVELOPMENT & COLLEGE RELATIONS
Officer
50$352,942$63,880
LI ZHAOINVESTMENT DIRECTOR
Highest-paid employee
50$385,306$23,317
LESLIE F MUHLFELDERVP HUMAN RESOURCES, GENERAL COUNSEL
Officer
50$363,780$43,932
CRAIG BECKERASSOC VP FINANCE
Key employee
50$363,642$39,038
JOHN E MEIERPROVOST
Officer
50$334,668$61,471
JOHN D TROXELLHEAD COACH - FOOTBALL
Highest-paid employee
50$291,045$39,097
BRUCE A MURPHYKIRBY PROFESSOR OF GOVERNMENT & LAW
Highest-paid employee
50$273,506$39,468
SHERRYTA FREEMANDIRECTOR OF ATHLETICS
Highest-paid employee
50$269,985$31,313
ANNETTE DIORIOVP CAMPUS LIFE (THRU 12/2022)
Officer
50$264,254$31,189
JOHN L O'KEEFEVP & CHIEF INFORMAITON OFFICER
Officer
50$248,764$37,998
FORREST STUARTVP ENROLLMENT MANAGEMENT
Officer
50$231,508$30,423
ALMA SCOTT-BUCZAKASSOC VP HUMAN RESOURCES
Key employee
50$220,643$31,868
MARK EYERLYVP MARKETING & COMM (THRU 06/2022)
Former
0$212,837$19,266
GREGORY V MACDONALDVP ENROLLMENT MGMT (THRU 04/2022)
Former
0$177,488$13,131
AUDRA J KAHREVP FIN AND ADMIN (AS OF 11/2022)
Officer
50$33,252$4,399
ROBERT E SELLCHAIR
Trustee or director, Officer
5$0$0
LINDA ASSANTE CARRASCOVICE CHAIR
Trustee or director, Officer
5$0$0
ANGEL L MENDEZSECRETARY
Trustee or director, Officer
5$0$0
JAMES R BIRLE JREXECUTIVE COMMITTEE
Trustee or director
3$0$0
ANTONIO F FERNANDEZEXECUTIVE COMMITTEE
Trustee or director
3$0$0
SUSAN L FOXEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JEFFERSON W KIRBYEXECUTIVE COMMITTEE
Trustee or director
3$0$0
LEO A HELMERSEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JUDSON C LINVILLEEXECUTIVE COMMITTEE
Trustee or director
3$0$0
PAMELA S PASSMANEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JB REILLYEXECUTIVE COMMITTEE
Trustee or director
3$0$0
JAMES L BENJAMINTRUSTEE
Trustee or director
2$0$0
KIMBERLY W BENSTONTRUSTEE
Trustee or director
2$0$0
HARRY S CHERKENTRUSTEE
Trustee or director
2$0$0
SEBASTIAN J CRAPANZANOTRUSTEE
Trustee or director
2$0$0
TANUJA MAJUMDAR DEHNETRUSTEE
Trustee or director
2$0$0
LANETA J DORFLINGERTRUSTEE
Trustee or director
2$0$0
JONATHAN S ELLISTRUSTEE
Trustee or director
2$0$0
JOHN A FRYTRUSTEE
Trustee or director
2$0$0
MICHAEL C HEANEYTRUSTEE
Trustee or director
2$0$0
HAROLD N KAMINETRUSTEE
Trustee or director
2$0$0
LISA J KASSELTRUSTEE
Trustee or director
2$0$0
BARBARA LEVYTRUSTEE
Trustee or director
2$0$0
CLAUDINE D LILIENTRUSTEE
Trustee or director
2$0$0
KAMAKA R MARTINTRUSTEE
Trustee or director
2$0$0
D CHRISTIAN MCCUMBERTRUSTEE
Trustee or director
2$0$0
JOSE A RODRIGUEZTRUSTEE
Trustee or director
2$0$0
DAVID M ROTHTRUSTEE
Trustee or director
2$0$0
PETER S RUGGIEROTRUSTEE
Trustee or director
2$0$0
WILLIAM H SPENCETRUSTEE
Trustee or director
2$0$0
LAUREN A STEINITZTRUSTEE
Trustee or director
2$0$0
WYNNE A WHITMANTRUSTEE
Trustee or director
2$0$0
ALVIN M YEARWOODTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
730 SULLIVAN RD, EASTON, PA 18042-1760
In care of
% ALISON R BYERLY
Principal officer (990 for 2024)
NICOLE FARMER HURD, 730 SULLIVAN ROAD 030 MARQUIS HALL, EASTON, PA 180421778
Signed the 990
ANDREA BOHN, ASSISTANT VP AND CONTROLLE
Phone
(610) 330-5136
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

CHARTERED IN 1826, LAFAYETTE COLLEGE IS DEDICATED TO EXCELLENCE IN UNDERGRADUATE EDUCATION. STUDENTS ARE ENGAGED IN A TRANSFORMATIVE EDUCATIONAL EXPERIENCE THAT BRIDGES THE LIBERAL ARTS, ENGINEERING, AND INTERDISCIPLINARY STUDY. THE COLLEGE FOSTERS (CONTINUED IN SCH O) INTELLECTUAL INQUIRY, ARTISTIC EXPLORATION, SCHOLARSHIP, AND PERSONAL GROWTH IN A VIBRANT, DIVERSE, AND INCLUSIVE COMMUNITY. LAFAYETTE STUDENTS BECOME CRITICAL THINKERS, CREATIVE PROBLEM-SOLVERS, AND RESPONSIBLE CITIZENS OF THE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • LAFAYETTE COLLEGE IS A LIBERAL ARTS COLLEGE OFFERING BACHELOR OF ARTS ENGINEERING, NATURAL SCIENCES, AND SOCIAL SCIENCES. IN FALL 2024, THE 2,750 STUDENTS CAME FROM 44 STATES AND 47 COUNTRIES. THE STUDENT-TO-FACULTY RATIO AT THE COLLEGE IS APPROXIMATELY 10 TO 1. OF THE 259 FULL-TIME FACULTY, 252 HOLD A DOCTORATE OR OTHER TERMINAL DEGREE. APPROXIMATELY 63% OF THE STUDENTS ATTENDING LAFAYETTE COLLEGE RECEIVE FINANCIAL ASSISTANCE. 718 STUDENTS WERE AWARDED AN UNDERGRADUATE DEGREE. LAFAYETTE COLLEGE HAS A FOUR-YEAR GRADUATION RATE OF 77% AND SIX-YEAR GRADUATION RATE OF 85%. APPROXIMATELY 90% OF THE COLLEGE'S GRADUATES WERE EMPLOYED, IN GRADUATE SCHOOL, OR SECURED INTERNSHIPS WITHIN 6 MONTHS AFTER GRADUATION.
    Expenses $214,602,676 · grants $74,332,949 · revenue $222,680,307
  • AS A RESIDENTIAL COLLEGE, LAFAYETTE STUDENTS COMPLEMENT THEIR ACADEMIC. SCHOLARSHIP WITH A MYRIAD OF OPPORTUNITIES TO CONNECT WITH ONE ANOTHER AND LEARN FROM THE LARGE WORLD REPRESENTED ON THE COLLEGE'S CAMPUS. AS PART OF THEIR EXPERIENCE AT A RESIDENTIAL COLLEGE, LAFAYETTE STUDENTS ARE DEEPLY ENGAGED ACADEMICALLY AND HAVE SIGNIFICANT OPPORTUNITIES TOENGAGE IN A VAST OFFERING OF EXTRACURRICULAR AND CO-CURRICULAR POSSIBILITIES. LAFAYETTE COLLEGE OFFERS MORE THAN 150 STUDENT CLUBS AND ORGANIZATIONS, 23 NCAA DIVISION 1 ATHLETIC PROGRAMS, AND NUMEROUS EXPERIENCES IN THE FINE ARTS AND PERFORMING ARTS ALL OF WHICH ARE COMPLEMENTED BY A STRONG STUDENT LIFE PROGRAM THAT ENHANCES THE LAFAYETTE EXPERIENCE BEYOND THE CLASSROOM.
    Expenses $40,304,687 · revenue $41,210,445

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
24-0795686
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
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$1,841,384,079
Income (IRS master file)
$638,892,789

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$335,226,661$292,271,663$1,841,384,079IRS
990-TJune 2025–––IRS
990June 2024$262,517,308$278,282,629$1,744,964,455IRS
990-TJune 2024–––IRS
990June 2023$258,966,915$258,407,731$1,649,595,334XML
990-TJune 2023–––IRS
990June 2022$266,381,429$241,181,437$1,574,043,978IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 24-0795686).

Questions about LAFAYETTE COLLEGE

What is the EIN of LAFAYETTE COLLEGE?
The employer identification number (EIN) of LAFAYETTE COLLEGE is 24-0795686.
Is LAFAYETTE COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to LAFAYETTE COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAFAYETTE 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 LAFAYETTE 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 LAFAYETTE 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 LAFAYETTE COLLEGE?
The 990 for the year ended June 30, 2025 names NICOLE FARMER HURD.
Who are the officers and directors of LAFAYETTE COLLEGE?
The 990 for the year ended June 30, 2025 lists 49 people; 16 received compensation from the organization, the highest $1,027,882 (NICOLE F HURD, PRESIDENT).
How much revenue does LAFAYETTE COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $335,226,661, expenses of $292,271,663 and total assets of $1,841,384,079 at year end.

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