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).

WWW.BABSON.EDU

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Financial data on this page is sourced from IRS Form 990 filings.