STRATEGY STUDIO / PUBLIC DATA EXPLORER

TRUSTEES OF THE SMITH COLLEGE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF THE SMITH COLLEGE (EIN 04-1843040)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202641359349306484
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T10:49:42-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PWC US TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SEAPORT BLVD SUITE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN041843040EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE TRUSTEES OF THE SMITH COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% JILLIAN MCGRATHInCareOfNm
Business Name ControlTRUSBusinessNameControlTxt
Phone4135852200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1COLLEGE HALL 204 10 ELM STREETAddressLine1Txt
CityNORTHAMPTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01063ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID DESWERTPersonNm
Person TitleEVP FINANCE & ADMINPersonTitleTxt
Phone4135852200PhoneNum
Signature2026-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL TANISPreparerPersonNm
PTINP01441612PTIN
Phone6175305000PhoneNum
Preparation2026-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSARAH WILLIE-LEBRETONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1COLLEGE HALL 204 10 ELM STAddressLine1Txt
CityNORTHAMPTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01063ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,120,746,535GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SMITH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1871FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee4519TotalEmployeeCnt
Total Volunteers6000TotalVolunteersCnt
Total Gross UBI$7,930,113TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$4,907,983NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$54,297,406PYContributionsGrantsAmt
CY Contributions Grants$71,269,988CYContributionsGrantsAmt
PY Program Service Revenue$227,422,537PYProgramServiceRevenueAmt
CY Program Service Revenue$244,939,189CYProgramServiceRevenueAmt
PY Investment Income$98,652,507PYInvestmentIncomeAmt
CY Investment Income$201,348,478CYInvestmentIncomeAmt
PY Other Revenue$9,722,510PYOtherRevenueAmt
CY Other Revenue$14,981,279CYOtherRevenueAmt
PY Total Revenue$390,094,960PYTotalRevenueAmt
CY Total Revenue$532,538,934CYTotalRevenueAmt
PY Grants And Similar Paid$111,534,615PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$121,223,405CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$169,904,718PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$189,263,048CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,288,309CYTotalFundraisingExpenseAmt
PY Other Expenses$130,115,028PYOtherExpensesAmt
CY Other Expenses$135,811,083CYOtherExpensesAmt
PY Total Expenses$411,554,361PYTotalExpensesAmt
CY Total Expenses$446,297,536CYTotalExpensesAmt
PY Revenues Less Expenses-$21,459,401PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$86,241,398CYRevenuesLessExpensesAmt
Total Assets BOY$3,725,228,026TotalAssetsBOYAmt
Total Assets EOY$3,887,000,859TotalAssetsEOYAmt
Total Liabilities BOY$641,338,365TotalLiabilitiesBOYAmt
Total Liabilities EOY$639,090,073TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,083,889,661NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,247,910,786NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSMITH COLLEGE EDUCATES WOMEN OF PROMISE FOR LIVES OF DISTINCTION AND PURPOSE. A COLLEGE OF AND FOR THE WORLD, SMITH COLLEGE LINKS THE POWER OF THE LIBERAL ARTS TO EXCELLENCE IN RESEARCH AND SCHOLARSHIP, DEVELOPING LEADERS FOR SOCIETY'S CHALLENGES. SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$320,023,680ExpenseAmt
Grant$113,171,293GrantAmt
Revenue$224,923,744RevenueAmt
DescUNDERGRADUATE EDUCATIONAL PROGRAMS SERVING 2,500 STUDENTS. SMITH COLLEGE OFFERS 1,000 COURSES IN MORE THAN 50 AREAS OF STUDY. SMITH'S PROGRAMS IN FLORENCE, GENEVA, HAMBURG AND PARIS COMBINE RIGOROUS ACADEMICS WITH THE EXPERIENCE OF LIVING IN ANOTHER COUNTRY AND DISCOVERING A NEW CULTURE. FOR EXTRACURRICULAR ACTIVITIES, THE COLLEGE HAS MORE THAN 100 CHARTERED STUDENT ORGANIZATIONS WITH A RANGE OF SERVICES AND ACTIVITIES, A DOZEN VARSITY SPORTS AND EXTENSIVE INTRAMURAL AND CLUB SPORTS PROGRAMS. THE CAMPUS SCHOOL (K TO 6) AND THE CENTER FOR EARLY CHILDHOOD EDUCATION SERVE AS LABORATORIES FOR THE DEPARTMENT OF EDUCATION & CHILD STUDY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$13,056,651ExpenseAmt
Grant$4,406,699GrantAmt
Revenue$9,176,667RevenueAmt
DescTHE SCHOOL FOR SOCIAL WORK OFFERS A MASTER OF SOCIAL WORK (MSW) DEGREE FOCUSED ON CLINICAL SOCIAL WORK AND DIRECT FIELD WORK PRACTICE. THE PROGRAM STRESSES THE INTEGRATION OF CLINICAL THEORY & PRACTICE WITH AN UNDERSTANDING OF THE SOCIAL CONTEXT IN WHICH PEOPLE LIVE. IT ALSO EMPHASIZES AN UNDERSTANDING OF THE SOCIAL POLICIES AND ORGANIZATIONAL STRUCTURE THAT INFLUENCE THE SCHOOL'S SERVICE DELIVERY SYSTEM. IN ADDITION, THE SCHOOL OFFERS A PH.D. PROGRAM DESIGNED TO PREPARE MSWS FOR LEADERSHIP POSITIONS IN CLINICAL RESEARCH, EDUCATION, AND PRACTICE. IT ALSO PROVIDES EXTENSIVE POSTGRADUATE OFFERINGS THROUGH ITS CONTINUING EDUCATION PROGRAM.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$6,067,120ExpenseAmt
Grant$3,346,319GrantAmt
Revenue$4,264,182RevenueAmt
DescGRADUATE EDUCATIONAL PROGRAMS OFFER WOMEN & MEN ADVANCED DEGREES OF MASTERS OF ARTS IN TEACHING (ELEMENTARY, MIDDLE OR HIGH SCHOOL), MASTER OF FINE ARTS, MASTER OF SCIENCE IN BIOLOGICAL SCIENCES, AND MASTER OF SCIENCE IN EXERCISE AND SPORT STUDIES. IN SPECIAL ONE-YEAR PROGRAMS, INTERNATIONAL STUDENTS MAY QUALIFY FOR A CERTIFICATE OF GRADUATE STUDIES OR A DIPLOMA IN AMERICAN STUDIES. EACH YEAR 100 MEN & WOMEN PURSUE SUCH ADVANCED WORK. INDIVIDUALS MAY ALSO ENROLL AS NON-DEGREE STUDENTS BY REGISTERING FOR ONE OR MORE COURSES. MOST GRADUATE COURSES ARE PLANNED FOR GRADUATE STUDENTS WHO ARE DEGREE CANDIDATES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$29,222,836ExpenseAmt
Grant$299,094GrantAmt
Revenue$18,454,720RevenueAmt
DescSEE SCHEDULE ODesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$29,222,836TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$299,094TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$18,454,720TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$368,370,287TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1184IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4519EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryFRForeignCountryCd
Foreign CountryGMForeignCountryCd
Foreign CountryITForeignCountryCd
Foreign CountrySZForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncYes (true)SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJILLIAN MCGRATHPersonNm
Phone4135852200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1COLLEGE HALL 204 10 ELM STREETAddressLine1Txt
CityNORTHAMPTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01063ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
LISA MARIE HOWIE
CHIEF INVESTMENT OFFICER40.00.0Yes (X)$1,630,973$0$52,929
SARAH WILLIE-LEBRETON
PRESIDENT40.00.0Yes (X)$619,663$0$125,369Yes (X)
CAROLINE THOMAS
DIRECTOR OF INVESTMENTS40.00.0$618,141$0$60,187Yes (X)
COREY WALKER
DIRECTOR OF INVESTMENTS40.00.0$592,273$0$66,845Yes (X)
BETH B RAFFELD
SVP FOR DEVELOPMENT40.00.0$564,617$0$43,932Yes (X)
KATHLEEN MCCARTNEY
FORMER PRESIDENT40.00.0$496,077$0$42,979Yes (X)
DAVID C DESWERT
EVP FINANCE AND ADMINISTRATION40.00.0Yes (X)$470,539$0$52,895
JULIA YAGER
VP OF COLLEGE RELATIONS & COMM40.00.0$382,479$0$55,181Yes (X)
MICHAEL T THURSTON
FMR OFFICER-CHAIR OF WORLD LIT40.00.0$354,100$0$59,259Yes (X)
SAMANTHA S EARP
VP FOR IT UNTIL 3/23/202540.00.0$332,964$0$66,537Yes (X)
BRIAN JOHN DWYER
DIRECTOR OPERATIONS INVESTMENT40.00.0$311,568$0$64,162Yes (X)
JOANNA MAY
VP ENROLLMENT40.00.0$324,177$0$50,069Yes (X)
MARIANNE RM YOSHIOKA
DEAN SCHOOL OF SOCIAL WORK40.00.0$305,610$0$46,828Yes (X)
ALEXANDRA LM KELLER
VP CAMPUS LIFE & COLLEGE DEAN40.00.0$267,727$0$56,652Yes (X)
JAMES GRAY
FORMER AVP FAC & OPER40.00.0$295,904$0$18,853Yes (X)
DAPHNE M LAMOTHE
PROVOST & DEAN OF THE FACULTY40.00.0Yes (X)$198,961$0$46,971
JILLIAN MCGRATH
AVP FOR FINANCE & CONTROLLER40.00.0Yes (X)$212,670$0$25,778
ELENA J PALLADINO
SECRETARY & AVP STRATEGIC INIT40.00.0Yes (X)$160,166$0$43,011
ANU AIYENGAR
TRUSTEE5.00.0$0$0$0Yes (X)
DEBORAH ARCHER
TRUSTEE5.00.0$0$0$0Yes (X)
ANDREA AUERBACH
TRUSTEE5.00.0$0$0$0Yes (X)
JOHAN AURIK
TRSUTEE5.00.0$0$0$0Yes (X)
LISA BLACK
TRUSTEE5.00.0$0$0$0Yes (X)
JANELLE BRADSHAW
TRUSTEE5.00.0$0$0$0Yes (X)
MOLLY BURKE
TRUSTEE5.00.0$0$0$0Yes (X)
MATTIE PETERSON COMPTON
TRUSTEE5.00.0$0$0$0Yes (X)
DENISE WHALEN CONWAY
TRUSTEE5.00.0$0$0$0Yes (X)
PAMELA CRAIG
TRUSTEE5.00.0$0$0$0Yes (X)
DEBORAH DECOTIS
TRUSTEE5.00.0$0$0$0Yes (X)
CECILIA EDWARDS
TRUSTEE5.00.0$0$0$0Yes (X)
LILE GIBBONS
TRUSTEE5.00.0$0$0$0Yes (X)
ALICIA HAMMARSKJOLD
TRUSTEE5.00.0$0$0$0Yes (X)
TERRY HARTLE
TRUSTEE5.00.0$0$0$0Yes (X)
PEGGIE KOON
TRUSTEE5.00.0$0$0$0Yes (X)
CATHERINE KOSHLAND
TRUSTEE5.00.0$0$0$0Yes (X)
CYNTHIA MEYN
TRUSTEE5.00.0$0$0$0Yes (X)
SUSAN MAY MOLINEAUX
TRUSTEE5.00.0$0$0$0Yes (X)
BEVERLY MORGAN-WELCH
TRUSTEE5.00.0$0$0$0Yes (X)
KATE O'BRIAN
TRUSTEE5.00.0$0$0$0Yes (X)
ALISON OVERSETH
TRUSTEE5.00.0$0$0$0Yes (X)
DAVID OXTOBY
TRUSTEE5.00.0$0$0$0Yes (X)
LYNN REICHENBACH
TRUSTEE5.00.0$0$0$0Yes (X)
CLAUDIA SAN PEDRO
TRUSTEE5.00.0$0$0$0Yes (X)
KIMBERLY SCOTT
TRUSTEE5.00.0$0$0$0Yes (X)
ANN SILVERMAN
TRUSTEE5.00.0$0$0$0Yes (X)
EMILY VAN AGTMAEL
TRUSTEE5.00.0$0$0$0Yes (X)
LING YANG
TRUSTEE5.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,138,609TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$978,437TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K308IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BOND BUILDING CONSTRUCTION INC
10 CABOT ROAD STE 300MEDFORDMA02155CONSTRUCTION MGMT$47,599,811
KEITER CORPORATION
1 INTERSTATE DRIVEWEST SPRINGFIELDMA01089CONSTRUCTION MGMT$14,092,207
CONSIGLI CONSTRUCTION CO INC
72 SUMNER STREETMILFORDMA01757CONSTRUCTION MGMT$7,246,927
ALLEGRONE CONSTRUCTION CO INC
150 PITTSFIELD ROADLENOXMA01240CONSTRUCTION MGMT$6,683,136
SALAS O'BRIEN NORTH LLC
2720 ARBOR COURT STE AEAU CLAIREWI54701CONSULTING$3,142,019
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K139CntrctRcvdGreaterThan100KCnt
Government Grants$6,285,842GovernmentGrantsAmt
All Other Contributions$64,984,146AllOtherContributionsAmt
Noncash Contributions$8,560,600NoncashContributionsAmt
Total Contributions$71,269,988TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
UNDERGRADUATE PROGRAMS611600$224,923,744$224,923,744
SCHOOL FOR SOCIAL WORK611600$9,176,667$9,176,667
CAMPUS SCHOOL & CENTER FOR EARLY CHILDHOOD611600$4,212,233$4,212,233
GRADUATE PROGRAMS611600$4,264,182$4,264,182
EXECUTIVE EDUCATION & SUMMER PROGRAMS611310$2,362,363$1,983,370$378,993
FieldValueIRS element (for citing)
Total Program Service Revenue$244,939,189TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,820,489TotalRevenueColumnAmt
Unrelated Business Revenue$5,812,456UnrelatedBusinessRevenueAmt
Exclusion$32,008,033ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,207TotalRevenueColumnAmt
Exclusion$65,207ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,957,173RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$2,005,328RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$951,845RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$951,845TotalRevenueColumnAmt
Exclusion$951,845ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$749,250,121SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$585,722,132SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$163,527,989SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$163,527,989TotalRevenueColumnAmt
Exclusion$163,527,989ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$573,314GrossSalesOfInventoryAmt
Cost Of Goods Sold$480,141CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,173TotalRevenueColumnAmt
Related Or Exempt Func Income-$26,736RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$119,900UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
GENERAL SERVICES611600$2,641,579$1,022,815$1,618,764
REBATES AND REIMBURSEMENTS721000$3,297,653$3,297,653
DEPARTMENTAL611600$1,624,327$1,624,327

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,307,495TotalRevenueColumnAmt
Related Or Exempt Func Income$6,307,495RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$13,871,054OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$532,538,934TotalRevenueColumnAmt
Related Or Exempt Func Income$256,785,750RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$7,930,113UnrelatedBusinessRevenueAmt
Exclusion$196,553,074ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$410,682TotalAmt
Program Services$410,682ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$111,737,241TotalAmt
Program Services$111,737,241ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$9,075,482TotalAmt
Program Services$9,075,482ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,249,351TotalAmt
Management And General$7,640,803ManagementAndGeneralAmt
Fundraising$608,548FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$1,066,143TotalAmt
Program Services$198,442ProgramServicesAmt
Management And General$867,701ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$136,215,174TotalAmt
Program Services$108,972,139ProgramServicesAmt
Management And General$23,156,580ManagementAndGeneralAmt
Fundraising$4,086,455FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,884,607TotalAmt
Program Services$9,507,686ProgramServicesAmt
Management And General$2,020,383ManagementAndGeneralAmt
Fundraising$356,538FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$22,349,318TotalAmt
Program Services$17,879,454ProgramServicesAmt
Management And General$3,799,384ManagementAndGeneralAmt
Fundraising$670,480FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,498,455TotalAmt
Program Services$7,598,764ProgramServicesAmt
Management And General$1,614,737ManagementAndGeneralAmt
Fundraising$284,954FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,022,067TotalAmt
Program Services$51,103ProgramServicesAmt
Management And General$970,964ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$560,586TotalAmt
Program Services$28,029ProgramServicesAmt
Management And General$532,557ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$12,836TotalAmt
Management And General$12,836ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,085,769TotalAmt
Management And General$3,085,769ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,615,402TotalAmt
Program Services$1,875,388ProgramServicesAmt
Management And General$13,740,014ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$162,820TotalAmt
Program Services$8,141ProgramServicesAmt
Management And General$154,679ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,345,340TotalAmt
Program Services$1,143,539ProgramServicesAmt
Management And General$161,441ManagementAndGeneralAmt
Fundraising$40,360FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,616,311TotalAmt
Program Services$5,623,865ProgramServicesAmt
Management And General$793,957ManagementAndGeneralAmt
Fundraising$198,489FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,324,638TotalAmt
Program Services$12,175,942ProgramServicesAmt
Management And General$1,718,957ManagementAndGeneralAmt
Fundraising$429,739FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,885,881TotalAmt
Program Services$3,302,999ProgramServicesAmt
Management And General$466,306ManagementAndGeneralAmt
Fundraising$116,576FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,705,962TotalAmt
Program Services$2,300,068ProgramServicesAmt
Management And General$324,715ManagementAndGeneralAmt
Fundraising$81,179FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$17,000,763TotalAmt
Program Services$16,150,725ProgramServicesAmt
Management And General$850,038ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$29,986,464TotalAmt
Program Services$28,487,141ProgramServicesAmt
Management And General$1,499,323ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,728,566TotalAmt
Program Services$136,428ProgramServicesAmt
Management And General$2,592,138ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROVISIONS$10,367,220$8,293,776$2,073,444$0
HOME SCHOOL FEES$8,046,163$8,046,163$0$0
BOOKS AND PUBLICATIONS$4,511,243$3,608,995$902,248$0
DEPARTMENTAL$4,669,676$3,969,225$560,361$140,090

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,163,376TotalAmt
Program Services$7,788,870ProgramServicesAmt
Management And General$1,099,605ManagementAndGeneralAmt
Fundraising$274,901FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$446,297,536TotalAmt
Program Services$368,370,287ProgramServicesAmt
Management And General$70,638,940ManagementAndGeneralAmt
Fundraising$7,288,309FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,043,465BOYAmt
EOY$1,068,118EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$131,521,172BOYAmt
EOY$87,013,850EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$47,170,995BOYAmt
EOY$35,181,653EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,411,222BOYAmt
EOY$5,546,050EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$65,685EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$5,574,944BOYAmt
EOY$5,398,642EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$669,246BOYAmt
EOY$625,067EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,819,516BOYAmt
EOY$11,605,311EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,316,091,496LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$497,220,462LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$731,669,819BOYAmt
EOY$818,871,034EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$94,356,197BOYAmt
EOY$115,017,539EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,696,786,885BOYAmt
EOY$2,804,746,744EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,069,516BOYAmt
EOY$608,713EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,135,049BOYAmt
EOY$1,252,453EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,725,228,026BOYAmt
EOY$3,887,000,859EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$45,174,670BOYAmt
EOY$38,682,480EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$6,472,842BOYAmt
EOY$7,436,930EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$72,960,000BOYAmt
EOY$196,760,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$12,718,685BOYAmt
EOY$13,001,041EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,383,888BOYAmt
EOY$1,316,153EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$440,763,338BOYAmt
EOY$317,888,882EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$61,864,942BOYAmt
EOY$64,004,587EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$641,338,365BOYAmt
EOY$639,090,073EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$944,054,993BOYAmt
EOY$957,253,912EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,139,834,668BOYAmt
EOY$2,290,656,874EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,083,889,661BOYAmt
EOY$3,247,910,786EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,725,228,026BOYAmt
EOY$3,887,000,859EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$86,241,398ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$81,744,740NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$3,965,013OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$101,443,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,738,510CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,936,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$55,828,574CurrentTaxYearMinus1YearAmt
Current Tax Year$71,269,988CurrentTaxYearAmt
Total$357,216,938TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$101,443,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,738,510CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,936,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$55,828,574CurrentTaxYearMinus1YearAmt
Current Tax Year$71,269,988CurrentTaxYearAmt
Total$357,216,938TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$39,857,753SubstantialContributorsTotAmt
Public Support Total170$317,359,185PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,997,358CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,443,097CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$38,168,976CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$34,222,535CurrentTaxYearMinus1YearAmt
Current Tax Year$40,842,869CurrentTaxYearAmt
Total$148,674,835TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$436,515CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$607,623CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$563,962CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$537,027CurrentTaxYearMinus1YearAmt
Current Tax Year$573,314CurrentTaxYearAmt
Total$2,718,441TotalAmt
FieldValueIRS element (for citing)
Total Support$508,610,214TotalSupportAmt
Gross Receipts Rltd Activities$1,114,543,474GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62397PublicSupportCY170Pct
Public Support PY1700.64806PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$12,836DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$12,836TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind
Form4720 Filed4912 TaxfalseForm4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1GFormAndLineReferenceDesc
ExplanationTHE COLLEGE ENGAGED A THIRD PARTY WHICH REPRESENTED A CONSORTIUM OF SCHOOLS LOBBYING TO PREVENT AN INCREASE IN THE ENDOWMENT TAX.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$1,732,370RevenuesIncludedAmt
Assets Included$81,664,170AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesTEACHING PRIMARY RESEARCH METHODSOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,564,121,244BeginningYearBalanceAmt
Contributions$42,713,225ContributionsAmt
Investment Earnings Or Losses$244,690,102InvestmentEarningsOrLossesAmt
Grants Or Scholarships$52,445,177GrantsOrScholarshipsAmt
Other Expenditures$81,864,540OtherExpendituresAmt
Administrative Expenses$7,684,756AdministrativeExpensesAmt
End Year Balance$2,709,530,098EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,470,414,645BeginningYearBalanceAmt
Contributions$32,540,507ContributionsAmt
Investment Earnings Or Losses$193,493,769InvestmentEarningsOrLossesAmt
Grants Or Scholarships$49,872,188GrantsOrScholarshipsAmt
Other Expenditures$79,392,847OtherExpendituresAmt
Administrative Expenses$3,062,642AdministrativeExpensesAmt
End Year Balance$2,564,121,244EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,467,995,704BeginningYearBalanceAmt
Contributions$39,500,778ContributionsAmt
Investment Earnings Or Losses$86,983,753InvestmentEarningsOrLossesAmt
Grants Or Scholarships$46,141,073GrantsOrScholarshipsAmt
Other Expenditures$75,578,211OtherExpendituresAmt
Administrative Expenses$2,346,306AdministrativeExpensesAmt
End Year Balance$2,470,414,645EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,559,082,629BeginningYearBalanceAmt
Contributions$41,695,530ContributionsAmt
Investment Earnings Or Losses-$13,195,108InvestmentEarningsOrLossesAmt
Grants Or Scholarships$42,848,801GrantsOrScholarshipsAmt
Other Expenditures$72,529,960OtherExpendituresAmt
Administrative Expenses$4,208,586AdministrativeExpensesAmt
End Year Balance$2,467,995,704EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,907,178,022BeginningYearBalanceAmt
Contributions$33,524,285ContributionsAmt
Investment Earnings Or Losses$712,279,624InvestmentEarningsOrLossesAmt
Grants Or Scholarships$34,886,163GrantsOrScholarshipsAmt
Other Expenditures$58,374,432OtherExpendituresAmt
Administrative Expenses$638,707AdministrativeExpensesAmt
End Year Balance$2,559,082,629EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.19990BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.25660PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.54350TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$4,568,679InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$5,355,380OtherCostOrOtherBasisAmt
Book Value$9,924,059BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$25,560,683InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$930,122,961OtherCostOrOtherBasisAmt
Depreciation$379,280,753DepreciationAmt
Book Value$576,402,891BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$181,629,918OtherCostOrOtherBasisAmt
Depreciation$103,723,176DepreciationAmt
Book Value$77,906,742BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$168,853,875OtherCostOrOtherBasisAmt
Depreciation$14,216,533DepreciationAmt
Book Value$154,637,342BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$818,871,034TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
LIMITED PARTNERSHIPS$2,777,333,750F
FUNDS HELD BY OUTSIDE TRUSTEE$27,412,994F
FieldValueIRS element (for citing)
Total Book Value Securities$2,804,746,744TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
FIN 47 OBLIGATION$25,583,575
LIFE INCOME OBLIGATIONS$23,041,712
LEASE LIABILITIES$9,365,332
POST RETIREMENT AND SEPARATION$6,013,968
FieldValueIRS element (for citing)
Total Liability$64,004,587TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 4FROM ITS BEGINNING IN THE 1870'S, THE SMITH COLLEGE MUSEUM OF ART (SCMA) HAS BEEN GUIDED BY THE UNDERSTANDING THAT ORIGINAL WORKS OF ART CAN BE A POWERFUL COMPONENT OF THE LIBERAL ARTS EDUCATION, EMBODYING AESTHETIC REWARDS AND A WEALTH OF INFORMATION ABOUT HISTORY AND HUMAN CULTURE. THE COMMITMENT TO FORMING AN ART COLLECTION THAT WOULD BE A VITAL PART OF EDUCATIONAL EXPERIENCES WAS ARTICULATED AS ONE OF THE FOUNDING GOALS OF SMITH COLLEGE. THE MUSEUM THAT HAS GROWN FROM THAT EARLY VISION HAS EVOLVED IN CONCERT WITH THE ACADEMIC PROGRAM IT EXISTS TO SUPPORT. TODAY SCMA IS WIDELY RECOGNIZED AS ONE OF THE LEADING ACADEMIC MUSEUMS IN THE NATION, CONTRIBUTING MEANINGFULLY TO SMITH COLLEGE'S MISSION TO EDUCATE WOMEN OF PROMISE FOR LIVES OF DISTINCTION AND PURPOSE. THE MUSEUM'S PERMANENT COLLECTION INCLUDES WORKS CREATED FROM ANTIQUITY TO THE PRESENT DAY BY ARTISTS FROM AROUND THE WORLD. IT INCLUDES PAINTINGS, SCULPTURE, WORKS ON PAPER (PRINTS, DRAWINGS, PHOTOGRAPHY, AND BOOKS), DECORATIVE ARTS, VIDEO, AND MULTIMEDIA INSTALLATIONS. THE SMITH COLLEGE LIBRARIES ADVANCE TEACHING, LEARNING, RESEARCH, AND DISCOVERY FOR SMITH STUDENTS, FACULTY AND STAFF BY OFFERING COLLECTIONS IN MULTIPLE FORMATS, PROVIDING ACCESS TO INFORMATION WORLDWIDE, AND ESTABLISHING SERVICES AND LEARNING ENVIRONMENTS RESPONSIVE TO USERS' NEEDS. THE LIBRARIES FURTHER SUPPORT WOMEN'S EDUCATION THROUGH AN INTERNATIONALLY RECOGNIZED REPOSITORY OR ARCHIVES AND MANUSCRIPTS DOCUMENTING THE HISTORY OF WOMEN. THE LIBRARIES HOLD MORE THAN 1.4 MILLION ITEMS INCLUDING BOOKS, PERIODICALS, MICROFORMS, MAPS, SCORES, RECORDINGS, MANUSCRIPTS, GRAPHIC ARTS, MEMORABILIA AND CUNEIFORM TABLETS.
SCHEDULE D, PART IV, LINE 2BTHE COLLEGE IS THE FISCAL AGENT FOR THE ALUMNAE ASSOCIATION OF SMITH COLLEGE; SMITH STUDENTS' AID SOCIETY INC.; SMITH COLLEGE CLUB OF NEW YORK CITY; AND THE PERKINS LOAN PROGRAM.
SCHEDULE D, PART V, LINE 4THE SMITH COLLEGE ENDOWMENT PROVIDES CRITICAL FUNDING THAT SUPPORTS FINANCIAL AID, SHAPES THE COMPOSITION OF THE FACULTY, MAINTAINS AND EXPAND FACILITIES, AND UNDERWRITES NEW INITIATIVES AND PROGRAMS. THE ENDOWMENT HAS GROWN TO PROVIDE APPROXIMATELY 44% OF OPERATING REVENUE. SMITH'S STRONG AND PRUDENT FINANCIAL MANAGEMENT ENSURES THE PURCHASING POWER OF THE ENDOWMENT FOR GENERATIONS TO COME. TOP FOUR USES OF THE ENDOWMENT FOR FY2025 WERE AS FOLLOWS: FINANCIAL AID 39%, FACULTY COMPENSATION AND RESEARCH 21%, GENERAL OPERATIONS 20%, ACADEMIC AND OTHER DEPARTMENTAL SUPPORT 20%.
SCHEDULE D, PART X, LINE 2THE COLLEGE IS AN ORGANIZATION DESCRIBED UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND APPLICABLE STATE LAWS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediafalsePlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3NON-DISCRIMINATION POLICY DUE TO ITS NATIONAL & INTERNATIONAL AUDIENCES FOR STUDENTS AND EMPLOYEES, SMITH COLLEGE INCLUDES ITS NOTICE OF NONDISCRIMINATION IN ALL PRINTED MARKETING MATERIALS ONLINE. SMITH COLLEGE IS COMMITTED TO MAINTAINING A DIVERSE COMMUNITY IN AN ATMOSPHERE OF MUTUAL RESPECT AND APPRECIATION OF DIFFERENCES. SMITH COLLEGE DOES NOT DISCRIMINATE IN ITS EDUCATIONAL AND EMPLOYMENT POLICIES ON THE BASES OF RACE, COLOR, CREED, RELIGION, NATIONAL/ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY AND EXPRESSION, GENETIC INFORMATION, AGE, DISABILITY, OR SERVICE IN THE MILITARY OR OTHER ARMED SERVICES. SMITH'S ADMISSION POLICIES AND PRACTICES ARE GUIDED BY THE SAME PRINCIPLE, CONCERNING APPLICANTS TO THE UNDERGRADUATE PROGRAM WHO IDENTIFY AS WOMEN, AND ALL APPLICANTS TO THE GRADUATE PROGRAMS. SMITH COLLEGE MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC 75-50, COVERING RACIAL NONDISCRIMINATION, BECAUSE IT DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD, ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS.
SCHEDULE E, PART I, LINE 6ASMITH COLLEGE RECEIVED FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES FOR THE BENEFIT OF ITS STUDENTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)48Program ServicesCOLLEGE STUDY PROGRAM$2,874,166
Europe00GrantmakingSCHOLARSHIP/PRIZES$7,162,980
East Asia and the Pacific00GrantmakingSCHOLARSHIP/PRIZES$886,427
South America00GrantmakingSCHOLARSHIP/PRIZES$417,342
North America00GrantmakingSCHOLARSHIP/PRIZES$261,037
Central America and the Caribbean00GrantmakingSCHOLARSHIP/PRIZES$154,576
Russia and Neighboring States00GrantmakingSCHOLARSHIP/PRIZES$64,868
Middle East and North Africa00GrantmakingSCHOLARSHIP/PRIZES$60,826
South Asia00GrantmakingSCHOLARSHIP/PRIZES$35,904
Sub-Saharan Africa00GrantmakingSCHOLARSHIP/PRIZES$31,522
Central America and the Caribbean00InvestmentsInvestments$536,918,212
Europe00InvestmentsInvestments$165,165,522
FieldValueIRS element (for citing)
Subtotal Offices4SubtotalOfficesCnt
Subtotal Employees8SubtotalEmployeesCnt
Total Office4TotalOfficeCnt
Total Employee8TotalEmployeeCnt
Subtotal Spent$714,033,382SubtotalSpentAmt
Total Spent$714,033,382TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
FINANCIAL AIDSouth America22$417,342CASHN/AFMV
FINANCIAL AIDNorth America20$261,037CASHN/AFMV
FINANCIAL AIDCentral America and the Caribbean11$154,576CASHN/AFMV
FINANCIAL AIDRussia and the Newly Independent States4$64,868CASHN/AFMV
FINANCIAL AIDMiddle East and North Africa2$60,826CASHN/AFMV
FINANCIAL AIDSouth Asia1$35,904CASHN/AFMV
FINANCIAL AIDSub-Saharan Africa4$31,522CASHN/AFMV
FINANCIAL AIDEurope (Including Iceland and Greenland)449$7,162,980CASHN/AFMV
FINANCIAL AIDEast Asia and the Pacific65$886,427CASHN/AFMV
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PART I, LINE 2SMITH COLLEGE AWARDS SCHOLARSHIP AND GRANTS TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. EACH FAMILY SUBMITS A CONFIDENTIAL QUESTIONNARE THAT IS ASSESSED WITH THE GUIDELINES ISSUED BY THE COLLEGE SCHOLARSHIP SERVICE TO DEFINE NEED. SMITH MEETS THE FULL DEMONSTRATED FINANCIAL NEED OF ITS STUDENTS. THE COLLEGE ALSO AWARDS SEVERAL MERIT-BASED GRANTS. WORK STUDY OPPORTUNITIES AND PAID INTERNSHIPS BASED ON RIGOUROUS ACADEMIC CRITERIA ARE OFFERED. EMERGENCY AND OTHER STUDENT FINANCIAL ASSISTANCE IS AVAILABLE DEPENDENT ON THE CIRCUMSTANCE WITH THE OBJECTIVE TO MEET THE STUDENT'S FULL DEMONSTRATED NEED. THE COLLEGE MONITORS ALL GRANTS TO INDIVIDUALS TO ENSURE THAT FUNDS ARE UTILIZED APPROPRIATELY. GRANTS APPLIED TO COVER TUITION AND OTHER FEES, ARE CONTINGENT ON ACADEMIC PROGRESS. INTERNSHIPS REQUIRE SATISFACTORY PARTICIPATION AND ACADEMIC CONTENT. OTHER FINANCIAL ASSISTANCE REQUIRES DEMONSTRATED NEED.
SCHEDULE F, PART I, LINE 3THE COLLEGE ENCOURAGES STUDY ABROAD FOR ALL OF ITS UNDERGRADUATE STUDENTS. THE COLLEGE OPERATES FOUR PROGRAMS IN EUROPE. ADDITIONALLY STUDENTS MAY ATTEND OTHER PREAPPROVED PROGRAMS ABROAD. THE COLLEGE AND ITS EMPLOYEES MAY ENGAGE IN OTHER ACTIVITIES SUCH AS RESEARCH AND FUNDRAISING. FOR STUDY ABROAD, STUDENTS PAY THE COLLEGE THE COMPREHENSIVE FEE NET OF AID IN ACCORDANCE WITH STANDARD COLLEGE FINANCIAL AID POLICIES AND PROCEDURES. THE COLLEGE PAYS FOREIGN SCHOOLS TO PROVIDE TEACHING AND ACCOMMODATIONS. FOREIGN TRAVEL AND OTHER EXPENSES REQUIRE FULL REPORTING UNDER THE COLLEGE'S ACCOUNTABLE PLAN FOR REIMBURSEMENT OF BUSINESS EXPENSES. THE COLLEGE'S INVESTMENT STRATEGY ENCOMPASSES A GLOBAL APPROACH TO INVESTMENT ACTIVITIES. THE ACTUAL LOCATION OF THESE INVESTMENTS MAY VARY SIGNIFICANTLY FROM THE LEGAL DOMICILE OF THE INVESTMENT VEHICLE (FUND-OF-FUNDS).
SCHEDULE F, PART IIIEXPENDITURES PER REGION ARE REPORTED ON AN ACCRUAL BASIS, WHICH IS THE METHOD USED TO ACCOUNT FOR THEM IN THE ORGANIZATION'S BOOKS AND RECORDS.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
CITY OF NORTHAMPTON
City Hall210 Main StreetNorthamptonMA01060046001406GOV'T$250,000General Support
COOLEY DICKINSON HOSPITAL
30 Locust StreetNorthamptonMA01061222617175501(C)(3)$83,333General Support
HISTORIC NORTHAMPTON
46 Bridge StreetNorthamptonMA01063046079243501(C)(3)$13,000General Support
NEW ENGLAND PUBLIC MEDIA INC
44 HAMPDEN STREETSPRINGFIELDMA01103046130523501(C)(3)$11,543
GREATER NORTHAMPTON CHAMBER OF COMMERCE
99 PLEASANT STREETNORTHAMPTONMA01060041679420502(C)(6)$31,500GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
APPLIED TO TUITION/FEES DUE TO COLLEGE1895$107,080,786FMV
ACADEMIC INTERSHIPS1529$2,913,447FMV
PRIZES366$372,968FMV
OTHER FINANCIAL ASSISTANCE2471$1,370,040FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationSMITH COLLEGE AWARDS SCHOLARSHIP GRANTS AND LOANS TO STUDENTS WHO ARE ABLE TO DEMONSTRATE FINANCIAL NEED. EACH STUDENT IS REQUIRED TO SUBMIT A PARENT'S CONFIDENTIAL QUESTIONNAIRE WHICH BECOMES THE BASIS OF DETERMINING NEED. GUIDELINES ISSUED BY THE COLLEGE SCHOLARSHIP SERVICE ARE USED IN ASCERTAINING THE FINANCIAL REQUIREMENT OF THE STUDENTS. THE FINANCIAL NEED IS GENERALLY MET THROUGH A COMBINATION OF LOANS AND GRANTS. BOTH ARE CREDITED TO THE STUDENT'S SEMESTER BILL THUS REDUCING THE PAYMENT DUE TO THE COLLEGE. THE COLLEGE ALSO AWARDS A RELATIVELY SMALL NUMBER OF MERIT-BASED GRANTS. THE COLLEGE FUNDS INTERNSHIPS THAT MEET RIGOROUS ACADEMIC CRITERIA. OTHER FINANCIAL ASSISTANCE IS PROVIDED TO MEET EMERGENCY TYPE AID ON A CASE-BY-CASE BASIS. THE COLLEGE MONITORS ALL GRANTS TO INDIVIDUALS TO ENSURE THAT FUNDS ARE UTILIZED APPROPRIATELY. FOR GRANTS APPLIED TO COVER TUITION AND OTHER FEES, ACADEMIC PROGRESS IS REQUIRED TO ENSURE CONTINUED FUNDING. INTERNSHIPS REQUIRE PROOF OF PARTICIPATION AND SATISFACTORY ACADEMIC CONTENT. OTHER FINANCIAL ASSISTANCE REQUIRES DEMONSTRATED NEED. GRANTS TO ORGANIZATIONS ARE MADE BOTH TO GOVERNMENTAL ENTITIES AND THOSE RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS BEING DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C).ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (true)InitialContractExceptionInd
Rebuttable Presumption ProcYes (true)RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LISA MARIE HOWIE
CHIEF INVESTMENT OFFICER$685,246$0$882,000$0$63,727$0$42,500$0$10,429$0$1,683,902$0$0$0
SARAH WILLIE-LEBRETON
PRESIDENT$600,000$0$0$0$19,663$0$100,943$0$24,426$0$745,032$0$0$0
CAROLINE THOMAS
DIRECTOR OF INVESTMENTS$318,625$0$292,500$0$7,016$0$42,500$0$17,687$0$678,328$0$0$0
COREY WALKER
DIRECTOR OF INVESTMENTS$248,673$0$292,500$0$51,100$0$42,500$0$24,345$0$659,118$0$0$0
BETH B RAFFELD
SVP FOR DEVELOPMENT$510,385$0$50,000$0$4,232$0$42,500$0$1,432$0$608,549$0$0$0
KATHLEEN MCCARTNEY
FORMER PRESIDENT$406,731$0$89,346$0$0$0$42,500$0$479$0$539,056$0$0$0
DAVID C DESWERT
EVP FINANCE AND ADMINISTRATION$395,986$0$42,042$0$32,511$0$42,500$0$10,395$0$523,434$0$0$0
JULIA YAGER
VP OF COLLEGE RELATIONS & COMM$247,984$0$30,771$0$103,724$0$41,460$0$13,721$0$437,660$0$0$0
MICHAEL T THURSTON
FMR OFFICER-CHAIR OF WORLD LIT$92,755$0$32,175$0$229,170$0$42,500$0$16,759$0$413,359$0$0$0
SAMANTHA S EARP
VP FOR IT UNTIL 3/23/2025$271,929$0$30,396$0$30,639$0$41,829$0$24,708$0$399,501$0$0$0
BRIAN JOHN DWYER
DIRECTOR OPERATIONS INVESTMENT$232,854$0$75,000$0$3,714$0$40,354$0$23,808$0$375,730$0$0$0
JOANNA MAY
VP ENROLLMENT$262,760$0$28,938$0$32,479$0$39,837$0$10,232$0$374,246$0$0$0
ALEXANDRA LM KELLER
VP CAMPUS LIFE & COLLEGE DEAN$127,130$0$24,110$0$116,487$0$33,270$0$23,382$0$324,379$0$0$0
DAPHNE M LAMOTHE
PROVOST & DEAN OF THE FACULTY$138,462$0$0$0$60,499$0$24,954$0$22,017$0$245,932$0$0$0
JILLIAN MCGRATH
AVP FOR FINANCE & CONTROLLER$194,961$0$1,000$0$16,709$0$25,194$0$584$0$238,448$0$0$0
ELENA J PALLADINO
SECRETARY & AVP STRATEGIC INIT$138,525$0$14,826$0$6,815$0$18,714$0$24,297$0$203,177$0$0$0
MARIANNE RM YOSHIOKA
DEAN SCHOOL OF SOCIAL WORK$299,903$0$0$0$5,707$0$36,502$0$10,326$0$352,438$0$0$0
JAMES GRAY
FORMER AVP FAC & OPER$100,554$0$0$0$195,350$0$15,276$0$3,577$0$314,757$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1ACOMPENSATION HOUSING: THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS IN THE PRESIDENT'S HOUSE AS A CONDITION OF EMPLOYMENT AND, THEREFORE, THE HOUSING ALLOWANCE IS NOT TAXABLE. THE AMOUNT IS INCLUDED IN COLUMN D OF SCHEDULE J, PART II. PERSONAL SERVICES: A COLLEGE EMPLOYEE FROM THE FACILITIES MAINTENANCE DEPARTMENT MAINTAINS THE PRESIDENT'S HOUSE SIMILARLY TO OTHER CAMPUS FACILITIES. ANY HOUSEKEEPING OF THE PRESIDENT'S PERSONAL QUARTERS IS INCIDENTAL TO THE CLEANING OF THE PUBLIC AREAS OF THE RESIDENCE. THIS HOUSEKEEPING IS CONSIDERED TO BE OF NO ADDITIONAL COST TO THE INSTITUTION. THESE ARE NOT CONSIDERED BENEFITS TO THE PRESIDENT.
SCHEDULE J, PART I, LINE 4ASEVERANCE PAYMENT. TWO KEY EMPLOYEES SEPARATED FROM THE COLLEGE AND RECEIVED SERVERANCE PAYMENTS OF $53,479 AND $141,000 DURING THE YEAR.
SCHEDULE J, PART I, LINE 4BEFFECTIVE JULY 1, 2023, THE COLLEGE ENTERED INTO A NON-QUALIFIED SECTION 457(F) ARRANGEMENT WITH ITS CURRENT PRESIDENT. UNDER THE TERMS OF THE PLAN, THE PRESIDENT WILL RECEIVE A CREDIT TO HER ACCOUNT FOR EACH PLAN YEAR SHE HOLDS THE TITLE OF THE PRESIDENT OF THE COLLEGE. AMOUNTS ARE SCHEDULED TO VEST AND BE PAYABLE AT THE END OF HER TERM AS PRESIDENT OF THE COLLEGE PROVIDED CONTRACT TERMS ARE MET. AMOUNTS ARE SCHEDULED TO VEST AND BE PAYABLE IN 2030 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THE PRESIDENT RECEIVED A CONTRIBUTION OF $58,442 IN THE CURRENT YEAR WHICH IS INCLUDED ON SCHEDULE J, PART II, COLUMN (C).
SCHEDULE J, PART I, LINE 7CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II RECEIVED A BONUS AND THE AMOUNT OF SUCH BONUSES ARE SHOWN ON SCHEDULE J, PART II, COLUMN (B)(II). SEE ALSO LINE 4B DISCLOSURE FOR THE PRESIDENT.
SCHEDULE J, PART I, LINE 8THE PRESIDENT OF THE COLLEGE WAS PAID AMOUNTS LISTED ON PART VII THAT WERE SUBJECT TO THE INITIAL CONTRACT EXCEPTION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASSACHUSETTS DEV FINANCE AGENCY (SERIES 2007A)
A0434318140000000002016-01-26$72,960,000REFUNDING (SERIES 2007A)falsefalsefalse
MASSACHUSETTS DEV FINANCE AGENCY
B04343181457585BFC72025-02-01$75,065,000REFUNDING (SERIES 2025A)falsefalsefalse
MASSACHUSETTS DEV FINANCE AGENCY (SERIES 2025)
C04343181457585BFD52025-02-01$48,735,000REFUNDING (SERIES 2025B)falsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$72,960,000$0$0$0$0$0$0$0$72,960,000$02010Yes (true)falseYes (true)Yes (true)
B$0$0$75,065,000$0$0$0$0$0$0$0$75,065,000$02021falseYes (true)Yes (true)Yes (true)
C$0$0$48,735,000$0$0$0$0$0$0$0$48,735,000$02021falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000100.000000.00010falsefalsefalseYes (true)
Bfalsefalsefalsefalse0.000000.000000.00000falsefalsefalseYes (true)
Cfalsefalsefalsefalse0.000000.000000.00000falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART IV, LINE 2BTHE SERIES 2007A BOND QUALIFIES FOR AN EXCEPTION PER THE 6-MONTH SPENDING EXCEPTION. ALL PROCEEDS WERE IMMEDIATELY EXPENDED TO CURRENTLY REFUND THE SERIES 2007 ISSUE. THE SERIES 2025A and 2025B BONDs QUALIFY FOR AN EXCEPTION PER THE 6-MONTH SPENDING EXCEPTION. ALL PROCEEDS WERE IMMEDIATELY EXPENDED TO CURRENTLY REFUND A PORTION OF A TAXABLE BOND.
SCHEDULE K, PART IV, LINE 2CTHE REBATE COMPUTATION WAS PERFORMED ON JANUARY 31, 2025, FOR THE SERIES 2007A BOND.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonDAPHNE LAMOTHEPersonNm
Relationship With OrgPROVOST/DOFRelationshipWithOrgTxt
Loan PurposePURCHASE OF HOMELoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$75,000OriginalPrincipalAmt
Balance Due$65,685BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$65,685TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSARA PRUSSPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF OFFICER, EVP OF FINANCE & ADMINISTRATIONRelationshipDescriptionTxt
Transaction$198,445TransactionAmt
TransactionEMPLOYMENTTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution190ContributionCnt
Noncash Contributions Rpt F990$1,732,370NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISAL/DONOR ESTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$9,500NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISAL/DONOR ESTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution221ContributionCnt
Noncash Contributions Rpt F990$6,818,280NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVERAGE DAILY VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)MISCELLANEOUS2$450APPRAISAL/DONOR EST
Yes (X)LIBRARY COLLECTIONS112$0INDETERMINABLE VALUE
FieldValueIRS element (for citing)
Form8283 Received6Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN (B)FormAndLineReferenceDesc
ExplanationCOLUMN B IS BASED ON THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1 AND PART III, LINE 1*MISSION* SMITH COLLEGE EDUCATES WOMEN OF PROMISE FOR LIVES OF DISTINCTION AND PURPOSE. A COLLEGE OF AND FOR THE WORLD, SMITH LINKS THE POWER OF THE LIBERAL ARTS TO EXCELLENCE IN RESEARCH AND SCHOLARSHIP, THEREBY DEVELOPING ENGAGED GLOBAL CITIZENS AND LEADERS TO ADDRESS SOCIETY'S CHALLENGES. *VALUES* SMITH IS A COMMUNITY DEDICATED TO LEARNING, TEACHING, SCHOLARSHIPS, DISCOVERY, CREATIVITY AND CRITICAL THOUGHT. SMITH IS COMMITTED TO CREATING AN INCLUSIVE, EQUITABLE AND ACCESSIBLE EDUCATIONAL COMMUNITY FOUNDED ON THE FREE AND OPEN EXCHANGE OF IDEAS. SMITH EDUCATES WOMEN TO UNDERSTAND THE COMPLEXITY OF HUMAN EXPERIENCE AND WORLD CULTURES THROUGH ENGAGEMENT WITH HUMANISTIC, SOCIAL AND SCIENTIFIC IDEAS. SMITH PREPARES AND CREATES GLOBAL CITIZENS, COMMITTED TO PARTICIPATING IN THE COMMUNITIES IN WHICH THEY LIVE AND TO STEWARDING THE RESOURCES THAT SUSTAIN THEM.
FORM 990, PART III, LINE 4DOTHER PROGRAM SERVICE ACCOMPLISHMENTS PROFESSIONAL DEVELOPMENT AND SUMMER PROGRAMS: OUTREACH PROGRAMS EXTEND SMITH COLLEGE'S ACADEMIC AND CULTURAL RESOURCES TO THE BROADER COMMUNITY, BOTH LOCALLY AND NATIONALLY. THE COLLEGE OFFERS PROGRAMS FOR CHILDREN & THEIR FAMILIES, FROM PRESCHOOL THROUGH HIGH SCHOOL, AS WELL AS EDUCATORS. PROGRAMS HIGHLIGHT SMITH'S LEADERSHIP IN SCIENCE AND ENGINEERING EDUCATION, REFLECT THE COLLEGE'S COMMITMENT TO OPPORTUNITIES FOR GIRLS AND YOUNG WOMEN, UTILIZING ITS WORLD-CLASS MUSEUM, GARDENS, AND CAMPUS. FACULTY ENGAGE IN SPONSORED AND COLLEGE FUNDED PROFESSIONAL DEVELOPMENT AND RESEARCH. SMITH EXECUTIVE EDUCATION FOR WOMEN: SMITH EXECUTIVE EDUCATION FOR WOMEN IS DESIGNED TO GROW WOMEN LEADERS. PARTICIPANTS IN SMITH'S EXECUTIVE EDUCATION PROGRAM BENEFIT FROM COURSES, SEMINARS & DISCUSSIONS THAT ARE CUSTOMIZED TO MEET THE NEEDS OF SPONSORING CORPORATIONS AND INDIVIDUAL ATTENDEES. WORLD CLASS FACULTY FROM THE WORLD'S LEADING BUSINESS SCHOOLS AND CORPORATIONS ARE SELECTED BASED ON THEIR EXPERTISE.
FORM 990, Part VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE IS COMPOSED OF AT LEAST 5 MEMBERS OF THE BOARD, INCLUDING THE CHAIR OF THE BOARD, THE PRESIDENT OF THE COLLEGE, THE VICE CHAIRS OF THE BOARD, AND CERTAIN COMMITTEE CHAIRS. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD, WITH CERTAIN EXCEPTIONS SPECIFIED IN THE COLLEGE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11AFORM 990 REVIEW PROCESS SMITH COLLEGE'S DRAFT FORM 990 WAS REVIEWED BY MEMBERS OF THE BOARD OF TRUSTEES OF SMITH COLLEGE, THE ACCOUNTING STAFF, MANAGEMENT, THE BOARD OF TRUSTEES' AUDIT AND RISK COMMITTEE, AND THE COLLEGE'S PAID TAX PROFESSIONALS. AN ELECTRONIC COPY OF THE FINAL RETURN WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES WHO REVIEW AND APPROVE IT PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY AS FIDUCIARIES OF SMITH, THE MEMBERS OF THE BOARD MUST AVOID CONFLICTS OF INTEREST BETWEEN PERSONAL INTERESTS AND THE INTERESTS OF SMITH. GENERALLY, CONFLICT OF INTEREST EXISTS WHEN A PERSON IS IN A POSITION BOTH TO INFLUENCE A DECISION AND TO BENEFIT FROM THAT DECISION. THE CONFLICT OF INTEREST POLICY AND ITS DISCLOSURE OBLIGATIONS SHALL ALSO APPLY TO: (A) ALL OF THE MEMBERS OF THE INVESTMENT COMMITTEE OF THE BOARD, INCLUDING ITS NON-TRUSTEE MEMBERS, (B) ANY OTHER NON-TRUSTEE MEMBER OF ANY OTHER BOARD COMMITTEE AND ANY PERSON APPOINTED AS A SPECIAL REPRESENTATIVE TO THE BOARD, (C) THE OFFICERS OF THE COLLEGE, AND (D) SUCH OTHER PERSONS AS THE BOARD SHALL DETERMINE MAY BE NECESSARY OR APPROPRIATE FOR THE BENEFIT OF SMITH. EACH TRUSTEE MUST ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF THE BOARD A STATEMENT DISCLOSING ALL MATERIAL FINANCIAL INTERESTS OF THE TRUSTEE OR A FAMILY MEMBER, THAT ARE KNOWN OR REASONABLY SHOULD HAVE BEEN KNOWN TO THE TRUSTEE, IN ANY OUTSIDE ENTITY WITH WHICH THE TRUSTEE KNOWS THE COLLEGE HAS OR IS CONSIDERING A TRANSACTION, OR A BUSINESS RELATIONSHIP, OR AFFIRMING THAT THE TRUSTEE KNOWS OF NO SUCH TRANSACTION OR RELATIONSHIP. PROMPTLY UPON BECOMING AWARE OF ANY SUCH POTENTIAL CONFLICT, THE TRUSTEE MUST PROMPTLY DISCLOSE TO THE CHAIR OF THE BOARD AND THE SECRETARY OF THE BOARD AND, IF THE TRUSTEE OR NON-TRUSTEE IS A MEMBER OF THE INVESTMENT COMMITTEE, PROMPTLY DISCLOSE TO THE CHAIR OF THAT COMMITTEE, ANY MATERIAL FINANCIAL INTEREST IN A NON-PUBLICLY TRADED ENTITY IN WHICH THE TRUSTEE KNOWS SMITH IS CONSIDERING AN INVESTMENT OR WITH WHICH SMITH IS CONSIDERING A TRANSACTION. ORDINARILY, THE TRUSTEE SHOULD NOT PARTICIPATE IN ANY DECISION BY THE BOARD OR OF ANY OF ITS COMMITTEES, INCLUDING THE INVESTMENT COMMITTEE, REGARDING SUCH INVESTMENT OR TRANSACTION. IF A TRUSTEE BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST DURING OR JUST BEFORE A MEETING OF THE BOARD, THE INTERESTED TRUSTEE SHALL SO INFORM THE BOARD AND SHALL BE RECUSED WHILE THE BOARD DISCUSSES THE MATTER. THE SECRETARY OF THE BOARD SHALL REVIEW THE ANNUAL STATEMENTS OF DISCLOSURE AND DETERMINE IF A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED. IF A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED, THE SECRETARY SHALL PROMPTLY SHARE WITH THE EXECUTIVE COMMITTEE SUCH DISCLOSURE FORMS AND ANY ADDITIONAL INFORMATION ABOUT THE CURRENT OR PROPOSED TRANSACTION AND THE BUSINESS RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST WHICH THE EXECUTIVE COMMITTEE MAY DEEM INFORMATIVE. IF THE BOARD HAS A DISCUSSION OR MEETING AT WHICH A TRUSTEE'S FINANCIAL INTEREST IN A MATTER IS DISCLOSED, A DETERMINATION REGARDING A CONFLICT OF INTEREST IS MADE, OR A TRANSACTION OR ARRANGEMENT IN WHICH A TRUSTEE HAS A CONFLICT OF INTEREST IS CONSIDERED, THE BOARD'S CONSIDERATION OF THESE MATTERS, INCLUDING ANY REASONS FOR APPROVAL, SHALL BE REFLECTED IN THE MINUTES OF THE MEETING.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION POLICY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE EVALUATION OF EXECUTIVE AND EMPLOYEE COMPENSATION TO ASSURE THAT ALL ASPECTS COMPLY WITH ITS REQUIREMENTS. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION PACKAGE FOR THE PRESIDENT ANNUALLY, CONSIDERING COMPARATIVE INFORMATION AS WELL AS SALARY INCREASES PROPOSED FOR FACULTY AND ADMINISTRATIVE STAFF. THE COMMITTEE OBTAINS AND RELIES ON THE FOLLOWING WRITTEN MATERIALS, PROVIDED IN ADVANCE OF THE MEETING: (1) HISTORICAL COMPENSATION FOR THE PRESIDENT, (2) YEARS OF SERVICE IN POSITION, AND (3) A MARKET STUDY OF COMPENSATION, BASED ON COMPARABLE DATA FROM OTHER SELECTIVE LIBERAL ARTS COLLEGES. AFTER DISCUSSION, THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION FOR THE PRESIDENT. THE EXECUTIVE COMMITTEE AND THE PRESIDENT MEET TO DETERMINE THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES USING THE SAME CRITERIA. IN COMPLIANCE WITH THE REBUTTABLE PRESUMPTION STANDARDS, SMITH COLLEGE CONSIDERS GEOGRAPHIC LOCATION, ADMISSIONS OVERLAP, ENDOWMENT SIZE, AND ITS MARKET FOR EXECUTIVE LEVEL MANAGERS WHEN IDENTIFYING ITS COMPARABLE PEERS. FURTHERMORE, ALL EXECUTIVE COMMITTEE DECISIONS ARE DOCUMENTED CONCURRENTLY IN THE EXECUTIVE COMMITTEE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC DISCLOSURE THE COLLEGE'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE AT WWW.SMITH.EDU. THE COLLEGE'S FORM 990, FORM PC AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AT WWW.MASS.GOV/AGO. THE COLLEGE WILL PROVIDE PAPER COPIES OF THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORMS 990 AND 990-T UPON REQUEST.
FORM 990, PART XI, LINE 9CHANGE IN LIFE INCOME FUNDS (3,965,013)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1The Ellery Hotel LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1259 ELM STREETAddressLine1Txt
CityNORTHHAMPTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01060ZIPCd
FieldValueIRS element (for citing)
EIN881962863EIN
Primary ActivitiesHOSP. ACCOM.PrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Total Income$1,633,702TotalIncomeAmt
End Of Year Assets$5,253,542EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SMITHBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ALUMNAE ASSOCIATION OF SMITH COLLEGE
33 ELM STREETNORTHAMPTONMA01063042103649ALUMNAE SERVMA501(C)(3)12(C)NAfalse
SMITH STUDENT AID SOCIETY INC
123-125 ELM STREETNORTHAMPTONMA01063046052751STUDENT AIDMA501(C)(3)12(C)NAfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER TRUSTS (33)
INVESTINGNATRUSTYes (true)
POOLED INCOME FUND (40)
INVESTINGNATRUSTYes (true)
PERPETUAL TRUSTS (6)
INVESTINGNATRUSTYes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ALUMNI ASSOCIATION OF SMITH COLLEGE (1)
Q$1,564,004CASH
CHARITABLE REMAINDER TRUST (5)
S$314,585CASH
PERPETUAL TRUSTS (6)
S$148,266CASH

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART IV, STATE DOMICILES OF TRUSTSFormAndLineReferenceDesc
ExplanationCHARITABLE REMAINDER TRUSTS (33): CT, DE, MA, NY, OH, TN POOLED INCOME (40): MA PERPETUAL TRUSTS (6): CT, MA, VA, VTExplanationTxt