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Hobart and William Smith Colleges

GENEVA, NY · EIN 160743040 · Form 990 · FY2024 · NTEE B420 · Education · Very Large (>$50M) · hws.edu
revenue
$282.3M
expenses
$201.0M
net assets
$430.4M
employees
1,701
volunteers
2,343
program ratio
87%
mission · from form 990

HOBART AND WILLIAM SMITH PREPARES STUDENTS TO LEAD LIVES OF CONSEQUENCE.

profile · synthesized from sources

Hobart and William Smith Colleges is a private liberal arts institution in Geneva, New York, dedicated to preparing students for lives of consequence through a rigorous undergraduate education. The college emphasizes experiential learning, career preparation, and community engagement, offering programs that connect academic study with real-world impact. It serves a diverse student body on its residential campus in the Finger Lakes region.

named programs · 5 · from sources

What they call their work

From Campus to the Cardiac Ward
Internship program sending students on international medical missions to support cardiac care in underserved regions.
Higher Education Career Trek
Program launching higher education careers through alumni connections at institutions including Columbia, NYU, and Manhattan University.
Leadership Lessons from the C-Suite
Management course co-taught by Dan Rosensweig ’83, CEO of Chegg, offering students direct access to executives from major companies like Meta, Nike, and Verizon.
Nonprofit Career Trek
Two-day program funded by the Gantcher Family Foundation, connecting students with nonprofit organizations in Brooklyn and Westchester County to explore career pathways.
STEM Career Trek
Program enabling students to visit Boston-area organizations and connect with alumni in science, technology, and healthcare fields.
activities · 7 groups

What they do

  • College Access and Success Support 1 activity
    • Access and Equity in Higher Education
      Provides educational access to educationally and economically disadvantaged students through the Higher Education Opportunity Program and the College Experience program in partnership with Ontario ARC, which offers students with developmental disabilities access to college courses and campus life.
  • Higher Education Career Placement 1 activity
    • Career and Professional Development Support
      Provides comprehensive career services that contribute to high post-graduation outcomes, including a 95% employment or graduate school enrollment rate within four months of graduation, an 80% medical school acceptance rate, and median starting and mid-career salaries of $69,100 and $132,600 respectively. Hosts career treks, such as a Nonprofit Career Trek to Brooklyn and Westchester County.
  • Student-Led Community Service Programs 1 activity
    • Community Service and Civic Engagement
      Engages students in extensive community service, service learning, and civic initiatives, contributing over 80,000 hours of service annually and generating approximately $110,000 in fundraising for nonprofit organizations. Includes voter registration drives, local service projects in Geneva and the Finger Lakes region, and alumni-led service activities nationwide.
  • Student Career Readiness and Internship Placement 1 activity
    • Experiential Learning and Funded Internship Program
      Guarantees every student at least one funded internship or research opportunity through the Salisbury Center for Career, Professional and Experiential Education, with full financial support covering airfare, lodging, meals, transportation, and materials. The program includes international placements such as global health internships in pediatric cardiac missions.
  • Study Abroad and Global Immersion Programs 1 activity
    • Global and Intercultural Education Programs
      Offers study abroad opportunities in nearly 50 global locations and hosts international and exchange students from over 30 nations. Supports global citizenship through educational programs, the POSSE program with recruitment partnerships in Los Angeles and Chicago, and initiatives like the President’s Forum and Stern Family Forum that bring public discussions on complex topics to campus.
  • Student Support and Academic Services 1 activity
    • Student Support and Inclusion Initiatives
      Operates the Adams Intercultural Center, LGBTQ+ Resource Center, and First Generation Initiative to support student development, inclusion, and belonging. Provides academic, social, and co-curricular support for first-generation students, promotes spiritual pluralism, and offers programming to advance cross-cultural understanding, social justice, and emotional intelligence.
  • Uncategorized 5 activities
    • Academic Innovation and Program Development
      Established the first undergraduate major in LGBT/Queer Studies in the United States and continues to innovate through research centers and academic programming. Students engage in research such as air quality data collection to identify pollution hotspots.
    • Arts and Cultural Programming
      Hosts annual arts events including the Koshare Dance Collective, which draws nearly 2,000 attendees, and co-sponsors The Arts Experience festival to enable participation in the arts for people with intellectual and developmental disabilities, students, and the public. Also produced the inaugural winner of the Seneca Review’s Carter Harris Broadside Poetry Prize through student, alumni, and faculty collaboration.
    • Major Fundraising and Endowment Development
      Completed a $205 million fundraising campaign that added $74 million to the endowment, established over 90 scholarships, three endowed professorships, and 57 program funds. Raised an additional $20 million during Reunion 2026.
    • Student and Institutional Recognition
      Recognized in nine national categories by The Princeton Review’s “Best 391 Colleges: 2026 Edition” and ranked among the best value colleges in the U.S. for 10 consecutive years, including top rankings for alumni network strength, internship opportunities, and impact. Ranked No. 4 in the nation for student experience by The Wall Street Journal in 2024.
    • Student-Led and External Event Participation
      Students participate in major external events such as credential processing for the 2026 FIFA World Cup in Los Angeles and collaboration with NBC Sports during the 2026 Winter Olympics in Milan.
financials · form 990 · fy2024
revenue
Total revenue$282.26M
Contributions & grants$104.62M37%
Program service revenue$146.14M52%
Investment income$31.01M11%
Other revenue$496K
expenses
Total expenses$201.01M
Program expenses87%
Admin / overhead10%
Fundraising2%
Salaries & benefits$59.74M
Grants paid out$84.24M
Largest expense lineCompensation
balance sheet
Total assets$514.46M
Cash$23.08M
Investments$259.03M
Liabilities$84.05M
Net assets$430.41M
Liquid reserves16.8 mo
6 years on record · 2019–2024 · YoY revenue +46.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
MARK GEARAN PRESIDENT 50 $847K
SARAH KIRK PROVOST AND DEAN OF FACULT 50 $384K
ROBERT O'CONNOR VP AND SENIOR PHILANTHROPI 50 $340K
MARK EDWARDS VP FINANCE & ADMINISTRATIO 50 $310K
ALFRED DAMIANO VP STRATEGIC INITIATIVES A 50 $282K
CATHERINE WILLIAMS VP EXTERNAL RELATIONS 50 $276K
MIKE QUINN VP ADMISSIONS & FINANCIAL AID 50 $262K
LOUIS GUARD GEN COUNSEL & ASST SEC 50 $252K
ANJALEE WANDURAGALA STUDENT TRUSTEE 2 $85K
ALEX KARPAWICH STUDENT TRUSTEE 2 $25K
board members · 15
  • AILEEN DIVINEY GLEASON — TRUSTEE
  • ALLISON MORROW — TRUSTEE
  • ANDREW G MCMASTER JR — TRUSTEE
  • ANDREW L GAINES — TRUSTEE
  • CALVIN R CARVER JR — TRUSTEE/TREASURER
  • CASSANDRA NAYLOR BROOKS — TRUSTEE/VICE CHAIR
  • CRAIG R STINE — TRUSTEE/CHAIR
  • DR KIRRA GUARD — TRUSTEE
  • DR MARGUERITTE S MURPHY — TRUSTEE
  • DR PAULA MILTENBERGER — TRUSTEE
  • DR RICHARD L WASSERMAN — TRUSTEE
  • EDWARD R COOPER — TRUSTEE
  • ERIC J STEIN — TRUSTEE
  • JAMES B ROBINSON — TRUSTEE/SECRETARY
  • JEREMY A COONEY ESQ — TRUSTEE
relationships · 29

Who they work with

  • CEDIMAT Cardiovascular Center Partner — Hosts HWS student interns during their international medical mission in Santo Domingo, Dominican Republic.
  • Carnegie Foundation for the Advancement of Teaching Government — Received Community Engagement Classification designation from the Carnegie Foundation.
  • Cassandra Naylor Brooks Partner — Vice Chair of the Board of Trustees, supporting governance and long-term planning for the Colleges.
  • Collaborative of the Finger Lakes Partner — Partnership to co-sponsor The Arts Experience festival.
  • FIFA Partner — Employed Hobart and William Smith alumna Mia Tetrault '25 as a venue accreditation client group management liaison for the 2026 World Cup.
  • Flatbush Development Corporation Partner — Hosted students during the Nonprofit Career Trek in Brooklyn, NY.
  • Fox Sports Partner — Hired Hobart alumnus Tyler Terens '16 as a play-by-play commentator for the 2026 FIFA World Cup.
  • Gantcher Family Foundation Funder — Funded the Nonprofit Career Trek for HWS students.
  • Gantcher Family Foundation Funder — Provided funding for student donations to local organizations and the Nonprofit Career Trek.
  • Geneva 2030 Partner — Collaborative community initiative focused on youth development, involving HWS and local partners.
  • Gift of Life International Partner — Collaborates with Hobart and William Smith Colleges to offer a global health internship program for students.
  • Herbert J. Stern Government — Honorary Trustee and funder of the Stern Family Forum.
  • Joseph C. Stein III Partner — Board Chair of the Board of Trustees, providing strategic oversight for the Colleges.
  • Mark Deutschlander Partner — Professor of Biology and presiding officer of the faculty, leading faculty governance at the Colleges.
  • Maxwell School Partner — Collaborates with HWS to create a new pathway to public service.
  • NBC Sports Partner — Collaborated with Hobart and William Smith alumna Mia Tetrault '25 during the 2026 Winter Olympics in Milan.
  • National Association of Student Personnel Administrators in Higher Education Partner — Co-developer of the Perspectives e-learning platform used to facilitate dialogue across differences.
  • Ontario ARC Partner — Partnership to offer the College Experience program for students with developmental disabilities.
  • POSSE Partner — Partnership to recruit students with academic and leadership potential from public high schools in Los Angeles and Chicago.
  • PayScale Government — Provided salary and job satisfaction data used in The Princeton Review’s assessment of HWS’ return on investment.
  • Peace Corps Network — Recognized for producing a high number of volunteers for the Peace Corps.
  • Salisbury Center for Career, Professional and Experiential Education Partner — Provides career advising, internship placement, and funding support for students at Hobart and William Smith Colleges.
  • Samuel A. Stern Government — Trustee and funder of the Stern Family Forum.
  • Syracuse University Partner — Partner institution enabling HWS students to pursue MA degrees in fields such as cybersecurity and biomedical engineering.
  • The Constructive Dialogue Institute Partner — Collaborates on the Perspectives e-learning platform to support communication across differences in higher education.
  • The Princeton Review Network — Ranks HWS among the top 20 colleges for career services, internships, alumni network, and student happiness
  • The Princeton Review Network — Recognized HWS in multiple national college rankings based on student and alumni survey data.
  • The Wall Street Journal Partner — Cited HWS as the No. 4 school in the nation for student experience in 2024.
  • Washington Monthly Network — Ranks HWS #1 among liberal arts institutions for service and 19th overall
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Developmental Model of Civic Engagement
    methodology: developmental_model_of_civic_engagement
    By guiding students through a structured progression—from community service to engaged citizenship—students develop increasing levels of civic responsibility and leadership, because sustained, phased involvement fosters deeper commitment and societal impact over time.
  • Discussion-Based Learning to Cultivate Engagement
    methodology: discussion-based_learning
    By prioritizing small, discussion-based classes, students develop greater academic curiosity and engagement, because interactive dialogue promotes active thinking, accountability, and deeper exploration of ideas compared to lecture-only formats.
  • Experiential Learning as Academic Integration
    methodology: experiential_learning
    By integrating academic study with hands-on experiences such as internships, research, clinical work, and community engagement, students develop deeper understanding and are better prepared for post-graduation success, because real-world application reinforces learning and builds professional capacity.
  • Faculty Mentorship for Intellectual and Professional Formation
    methodology: faculty_mentorship
    By pairing students with faculty mentors, intellectual growth and future planning are enhanced, because sustained mentor relationships provide personalized guidance, academic continuity, and professional network access.
  • Peer-Led Dialogue for Equity Education
    methodology: peer-led_dialogue
    By using trained peers to facilitate structured conversations about privilege and oppression, students are more likely to engage openly and reflect critically, because peer facilitation reduces authority barriers and fosters psychological safety in difficult dialogues.