Trinity University 
The information on this page was last updated 12/9/2025. If you see errors or omissions, please email: [email protected]
Summary
Home to more than 2,500 students, Trinity is rooted in the liberal arts and sciences with pre-professional programs. The University is guided by a mission and set of values that place the student experience at its core.
Contact information
Mailing address:
Trinity University
1 Trinity Place
San Antonio, TX 78212
Website: www.trinity.edu
Phone: 210-999-7011
Organization details
EIN: 741109633
CEO/President: Vanessa Beasley
Chairman: Ted W. Beneski
Board size: 32
Founder: Cumberland Presbyterians
Ruling year: 1971
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: No
Member of ECFA since:
Purpose
Trinity University will redefine liberal arts education for the 21st century. By embracing innovation, Trinity will become a national leader by preparing students to thrive in an interconnected world, strengthening interdisciplinary and experiential education, and integrating academic and residential campus life.
Our Presbyterian heritage inspires us to pursue knowledge with integrity, uphold dignity for all, and seek justice in our communities.
Mission statement
Trinity University is a transformational liberal arts and sciences university with selected professional and pre-professional programs. In pursuit of this mission, Trinity is committed to the highest levels of academic and professional excellence in teaching, research, learning, service, leadership, and personal integrity. Trinity embraces innovation in all pursuits: rigorous and relevant courses, supportive mentoring relationships, and a wealth of learning opportunities wherever they occur. Trinity prepares its graduates to pursue lives of meaning and purpose.
Statement of faith
Donor confidence score
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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1127 of 1435 | 137 of 155 |
| Fund acquisition rating | | 719 of 1435 | 73 of 155 |
| Resource allocation rating | | 954 of 1435 | 105 of 155 |
| Asset utilization rating | | 1210 of 1436 | 142 of 155 |
According to the organization's Form 990, it received $8,143,516 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 12% | 8% | 19% | 9% | 14% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 1% | 1% | 2% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 11% | 17% | 12% | 14% | 8% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 89% | 83% | 88% | 86% | 92% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 80% | 82% | 82% | 82% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 83% | 80% | 107% | 75% | 73% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 67% | 65% | 88% | 61% | 58% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 17% | 20% | -7% | 25% | 27% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 3% | 3% | -1% | 4% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 19% | 17% | 16% | 17% | 19% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.73 | 2.81 | 2.79 | 2.80 | 2.65 | 2.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 0.34 | 0.32 | 0.33 | 0.29 | 0.25 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.18 | 26.12 | 21.38 | 23.89 | 27.54 | 26.66 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.12 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.99 | 34.29 | 35.50 | 35.17 | 39.89 | 46.64 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 20% | 11% | 12% | 10% | 10% | 11% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 10% | 10% | 9% | 9% | 9% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 148% | 742% | 762% | 769% | 823% | 843% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $27,540,434 | $18,350,452 | $26,524,998 | $56,426,996 | $16,916,491 |
| Receivables, inventories, prepaids | $47,207,219 | $35,986,126 | $35,889,393 | $27,811,753 | $27,929,340 |
| Short-term investments | $793,443,474 | $786,742,187 | $692,648,875 | $727,617,189 | $861,587,085 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $868,191,127 | $841,078,765 | $755,063,266 | $811,855,938 | $906,432,916 |
| Long-term investments | $743,473,363 | $709,109,525 | $593,165,474 | $586,647,008 | $452,375,797 |
| Fixed assets | $399,417,504 | $382,514,870 | $371,308,510 | $345,789,518 | $327,819,501 |
| Other long-term assets | $430,361,438 | $415,521,675 | $393,522,810 | $408,705,562 | $430,750,199 |
| Total long-term assets | $1,573,252,305 | $1,507,146,070 | $1,357,996,794 | $1,341,142,088 | $1,210,945,497 |
| Total assets | $2,441,443,432 | $2,348,224,835 | $2,113,060,060 | $2,152,998,026 | $2,117,378,413 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $29,828,925 | $35,710,939 | $27,871,856 | $26,095,501 | $30,623,818 |
| Other current liabilities | $3,407,051 | $3,626,435 | $3,730,392 | $3,382,497 | $3,378,101 |
| Total current liabilities | $33,235,976 | $39,337,374 | $31,602,248 | $29,477,998 | $34,001,919 |
| Debt | $237,361,631 | $241,770,756 | $180,823,479 | $184,340,150 | $188,417,290 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,546,372 | $1,207,973 | $1,385,948 | $1,570,060 | $1,848,838 |
| Total long-term liabilities | $238,908,003 | $242,978,729 | $182,209,427 | $185,910,210 | $190,266,128 |
| Total liabilities | $272,143,979 | $282,316,103 | $213,811,675 | $215,388,208 | $224,268,047 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $823,450,395 | $802,265,872 | $723,063,515 | $704,277,487 | $690,987,398 |
| With donor restrictions | $1,345,849,058 | $1,263,642,860 | $1,176,184,870 | $1,233,332,331 | $1,202,122,968 |
| Net assets | $2,169,299,453 | $2,065,908,732 | $1,899,248,385 | $1,937,609,818 | $1,893,110,366 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $38,434,865 | $56,014,227 | $27,993,776 | $42,699,136 | $25,827,401 |
| Program service revenue | $170,611,947 | $163,606,010 | $156,272,877 | $147,356,109 | $132,302,737 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $129,308,567 | $115,530,173 | $25,058,308 | $101,780,495 | $145,917,848 |
| Other revenue | $12,165,288 | $3,521,950 | $20,846,478 | $22,651,885 | $2,761,038 |
| Total other revenue | $312,085,802 | $282,658,133 | $202,177,663 | $271,788,489 | $280,981,623 |
| Total revenue | $350,520,667 | $338,672,360 | $230,171,439 | $314,487,625 | $306,809,024 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $233,363,110 | $221,104,068 | $202,431,208 | $192,739,723 | $177,235,695 |
| Management and general | $54,079,604 | $45,704,206 | $39,110,252 | $38,865,185 | $43,711,666 |
| Fundraising | $4,747,298 | $4,226,473 | $5,327,109 | $3,743,890 | $3,544,190 |
| Total expenses | $292,190,012 | $271,034,747 | $246,868,569 | $235,348,798 | $224,491,551 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $58,330,655 | $67,637,613 | ($16,697,130) | $79,138,827 | $82,317,473 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $58,330,655 | $67,637,613 | ($16,697,130) | $79,138,827 | $82,317,473 |
Compensation
| Name | Title | Compensation |
| Craig Crow | Chief Investment Officer | $1,165,679 |
| Vanessa B Beasley | President | $794,411 |
| Michael Bacon | VP Alumni Relations and Development | $437,359 |
| Eric Maloof | VP Enrollment Mgmt | $403,651 |
| Robert Scherer | Dean: Neidorff School of Business | $357,379 |
| Megan Mustain | Provost and VP for Academic Affairs | $351,615 |
| David Macpherson | EM Stevens Professor Of Economics | $339,428 |
| Marcia Watson | Jesse H Jones Professor of Business | $309,002 |
| Alison Hermann | Investment Director-Marketables | $299,696 |
| Luis Giavedoni | Brackenridge Distinguished Professor | $297,178 |
| Erika Robinson | General Counsel | $287,428 |
| Frank Guerra | VP for Strategic Communications and Marketing (END 02/2025) | $281,624 |
| Andrew Wells | VP for Student Affairs | $280,828 |
| Mark A Detterick | VP Finance and Administration (Beg 06/2024) | $257,885 |
| Brandi Jones | VP of People, Culture & Community | $256,446 |
| Sheryl Tynes | Former Key Employee | $227,179 |
| Gary L Logan | Former VP Finance and Administration (End 5/2024) | $220,497 |
Compensation data as of: 5/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/9/2025. To update the information below, please email: [email protected]
History
Founded in 1869 by Cumberland Presbyterians in Tehuacana, Texas, Trinity's journey has included four moves through three cities-yet the University has continued to transform challenges into opportunities. Many and diverse, all Trinity Tigers share a legacy: For more than 150 years, our heritage has been one of resilience and innovation. By remaining true to our values, we honor our storied past and steward a bright future.