Trinity College FY2022 filing

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Trinity college's mission is to provide excellence in liberal arts education with emphasis on outstanding faculty, rigorous curriculum, talented and motivated student body and an attractive, supportive and secure campus community.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$3.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $5.9M a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.2M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $739.6M in investments, Pt X · Ln 11–13
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$220.7M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 34 voting members
Looks good: 33 of 34 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$252.0M
+1% vs prior year
Spent
$232.2M
To programs
86%
Net assets
$941.6M
By yearFY2020–FY2025
Revenue
$252.0M
FY2022▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$209.9M
FY2021$249.1M
FY2022$252.0M
FY2023$240.4M
FY2024$272.9M
FY2025$281.0M
Expenses
$232.2M
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$221.6M
FY2021$210.3M
FY2022$232.2M
FY2023$250.4M
FY2024$271.2M
FY2025$284.3M
Net assets
$941.6M
FY2022▼ -0.8%
Tap a bar for its year
Net assets by fiscal year
FY2020$762.9M
FY2021$949.4M
FY2022$941.6M
FY2023$948.4M
FY2024$1.0B
FY2025$1.1B

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $200.5M Management & general 11% · $25.8M Fundraising 3% · $5.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

44 people listed on the 990-T; $3.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$689,222Pt VII · Sec A
VP Advancement
$373,307Pt VII · Sec A
VP Finance
$363,675Pt VII · Sec A
VP Academic Affairs and Dean
$318,807Pt VII · Sec A
VP St Affairs,dean Campus Life
$276,478Pt VII · Sec A
General Counsel, Secretary Clg
$276,047Pt VII · Sec A
VP Diversity Equity&inclusion
$270,680Pt VII · Sec A
Asst V P - College Advancement
$213,262Pt VII · Sec A

Joanne Berger-Sweeney’s $2.3M as President (until 06/25) is at the 91st percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joanne Berger-Sweeney$2,298,765$686,386$677,799$689,222$601,636$808,195
Danny Hitchell$367,211$362,423$353,663$363,675$355,272$380,605
Michael Casey—$336,411$376,338$373,307$368,255$366,731
Sonia Cardenas$336,844$332,597$325,450$318,807$280,976$241,883
Dickens Mathieu$299,126$294,265$279,497$276,047$252,343$259,740
Hellen Hom-Diamond$253,225$259,998$295,523———
Amanda Eshleman$291,275$285,240$262,037———
Joseph Dichristina$290,824$267,436$259,590$276,478$237,171$224,408

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Trinity College executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides a rigorous liberal arts education on a supportive campus, emphasizing outstanding faculty, a motivated student body, and an attractive, secure learning community.

Questions for Trinity College

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3 programs · $176.4M · in their own filed words · FY2021
01

The college provided instruction, research opportunities, and related support to faculty and students to encourage professional development and a wide curriculum for liberal arts education.

$135.8Mprogram expense
02

The college maintains a beautiful 100 acre campus with classic collegiate architecture.

$21.6Mprogram expense
03

The college provided residential and dining services to students.

$19.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$6K
Grants paid · 6 grants · $413.5M · 2019–2024
Unitemized GrantFY2024$83,256,659
Unitemized GrantFY2023$79,781,898
Unitemized GrantFY2022$70,970,054
Unitemized GrantFY2021$62,321,022
Unitemized GrantFY2020$61,625,874
Unitemized GrantFY2019$55,501,576

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $12.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.4M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.1M
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$359K
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$267K
Arra Funding Through State of CT Office of EducationDepartment of Education · ALN 84.000 · Through Connecticut State Department of Education$182K

Plus 8 smaller programs.

The auditor reported no findings.

Year ending Jun 2024 · $11.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.8M
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$436K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$374K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$202K

Plus 11 smaller programs.

The auditor reported no findings.

Year ending Jun 2023 · $12.5M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.8M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$687K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$340K
Extramural Research Programs in the Neurosciences and Neurological DisordersDepartment of Health and Human Services · ALN 93.853 · Direct$215K

Plus 9 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $14.4M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$8.6M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$1.7M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.5M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$900K
Extramural Research Programs in the Neurosciences and Neurological DisordersDepartment of Health and Human Services · ALN 93.853 · Direct$616K

Plus 10 smaller programs.

The auditor reported no findings.

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$252.0M
Fees for services$161.3M
Investment income$52.4M
Gifts and grants$34.7M
Money out
$232.2M
Programs$200.5M
Management$25.8M
Fundraising$5.9M
Owns and owes
$941.6M
net assets
Cash and savings$68.1M
Total assets$1.2B
Liabilities$220.7M
People
44
listed
Paid10
Voting board34
Independent33
2In more detail
Revenue in detail
Gifts and grants$34.7M
Government grants$3.5M
Fees for services$161.3M
Investment income$52.4M
Other income$3.7M
Total revenue$252.0M
Assets in detailEnd of year
Cash and savings together$68.1M
Total assets$1.2B
Liabilities$220.7M
Net assets$941.6M
Operations
Employees1,775
Volunteers500
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $281.0M$284.3M−$3.3M$1.1B 990 PDF
FY2024Filed with the IRS May 15, 2025 $272.9M$271.2M$1.7M$1.0B 990 PDF
FY2023Filed with the IRS May 11, 2024 $240.4M$250.4M−$10.0M$948.4M 990 PDF
FY2022 Viewing $252.0M$232.2M$19.9M$941.6M 990 PDF
FY2021Filed with the IRS May 13, 2022 $249.1M$210.3M$38.8M$949.4M 990 PDF
FY2020Filed with the IRS May 14, 2021 $209.9M$221.6M−$11.7M$762.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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