Mission
ST. OLAF COLLEGE CHALLENGES STUDENTS TO EXCEL IN THE LIBERAL ARTS, EXAMINE FAITH AND VALUES, AND EXPLORE MEANINGFUL VOCATION IN AN INCLUSIVE, GLOBALLY ENGAGED COMMUNITY NOURISHED BY LUTHERAN TRADITION.
Public Charity
ST OLAF COLLEGE
Based in NORTHFIELD, MN, ST OLAF COLLEGE operates as a Public Charity. The organization reported $333.1M in revenue, $295.5M in expenses, $1.2B in total assets for fiscal year 2025. Imperigo tracks 278 reported grant relationships connected to this organization totaling approximately $45.3M.
EIN: 410693979
NORTHFIELD, MN
Undergraduate Colleges
NTEE: B42
Latest filing: 2025
Total Revenue$333.1M
Total Expenses$295.5M
Total Assets$1.2B
Grant Records278
Funding Total$45.3M
Filing Years2021–2025
Where $100 goes at St Olaf College
How St Olaf College divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$92
Programs
the work itself
$5
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $92 for programs
$92
Postsecondary education
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATION
$137,119
GENERAL SUPPORT
$66,085
GENERAL SUPPORT
$62,704
Showing up to 5 of 278 total records — full history available with membership.
Officers & Directors
REGENT
Brenda Mccormick
GENERAL COUNSEL
Carl Crosby Lehmann
REGENT
Carmen Nordstrand
REGENT
Chad Jerdee
FORMER AVP FOR HUMAN RESOURCES
Christen Cole
ASSOCIATE VP FOR ENROLLMENT
Christopher George
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $333.1M | $295.5M | $1.2B |
| 2024 | $299.9M | $272.6M | $1.2B |
| 2023 | $251.6M | $252.8M | $1.1B |
| 2022 | $293.5M | $233.5M | $1.1B |
| 2021 | $241.0M | $215.3M | $1.1B |
Between 2021 and 2025, reported annual revenue grew from $241.0M to $333.1M (+38%), with total assets most recently reported at $1.2B.
Interactive year-over-year charts and full filing details available with membership.