IRS 990 Nonprofit Profile
Babson College
Babson college educates entrepreneurial leaders who create great economic and social value everywhere. Babson college is a global leader in management education with approximately 2,800 undergraduate and nearly 1,200 graduate enrollment. Our innovative curricula challenge students to think creatively and across disciplinary boundaries. We cultivate the willingness to take and manage risk, the ability to energize others toward a goal, and the courage to act responsibly. Our students understand that leadership requires both technical knowledge and a sophisticated appreciation of institutions, societies, cultures, and the self. They welcome the challenge of learning continuously and taking responsibility for their careers. Our students will be key contributors in established enterprises as well as emerging ventures.
Financials
- Filing year
- 2023
- Total revenue
- $358.8M
- Total expenses
- $324.3M
- Total assets
- $1.2B
- Program expenses
- $276.7M
- Administration
- $34.5M
- Fundraising
- $13.1M
- Program share of expenses
- 85%
- EIN
- 42103544
- Sector
- Education
- Location
- Babson Park, MA
Leadership and Compensation
- Edward Chiu - Sr. VP Of Advancement
- $992K
- Stephen Spinelli - President
- $899K
- Richard Bliss - Professor
- $559K
- Jay Rao - Professor
- $558K
- Ben Chevrette - Vice President, Development
- $547K
- D R Widder - VP Of Innovation
- $531K
- Katherine Craven - Chief Admin./financial Officer
- $523K
- Phillip Kim - Professor
- $512K
- Kenichi Matsuno - VP Academic Affairs & Dean
- $459K
- Michael Layish - Secretary & Clerk
- $404K
Officers, directors and key employees with total reported compensation, from Form 990 Part VII.
Governance
- Voting board members
- 29
- Independent members
- 28
Grants
- Grants to U.S. organizations and individuals
- $58.5M
- Grants outside the U.S.
- $4.9M
Foreign Activity
Reported $4.9M in grants and assistance outside the United States (Form 990 Part IX line 3; detail on Schedule F).
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Financial data on this page is sourced from IRS Form 990 filings.