2024-05-08T12:39:10-05:00 2023-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2022-07-01 250965601 WASHINGTON & JEFFERSON COLLEGE WASH 7242236009 60 S LINCOLN STREET WASHINGTON PA 15301 JOHN C KNAPP PRESIDENT 7242236009 2024-05-06 1 JOHN KNAPP 999009999 0 SARAH R PIOT P01358891 4122613644 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN C KNAPP 60 S LINCOLN STREET WASHINGTON PA 15301 148297480 0 X WWW.WASHJEFF.EDU X 1781 PA PROMOTE EDUCATION, THE DEVELOPMENT OF SKILLS, KNOWLEDGE, AND PERSONAL QUALITIES. 24 22 1012 274 57700 24 10230548 24525592 70612505 71678550 8575041 10852122 276194 233238 89694288 107289502 38935359 39689309 0 0 25359583 27294641 75085 54000 1819641 28421440 28215131 92791467 95253081 -3097179 12036421 308254612 316708859 63117917 61055500 245136695 255653359 X TO GRADUATE PEOPLE OF UNCOMMON INTEGRITY, COMPETENCE, AND MATURITY, WHO ARE EFFECTIVE LIFELONG LEARNERS AND RESPONSIBLE CITIZENS, AND WHO ARE PREPARED TO CONTRIBUTE SUBSTANTIALLY TO THE WORLD IN WHICH THEY LIVE. 0 0 73817850 39689309 70165612 WASHINGTON & JEFFERSON COLLEGE, FOUNDED IN 1781, IS KNOWN FOR ITS HIGHLY CUSTOMIZED AND INTELLECTUALLY ENGAGING STUDENT EXPERIENCE THAT DEVELOPS PROFESSIONALS OF UNCOMMON INTEGRITY TO LEAD IN AN EVER-CHANGING WORLD. THE COLLEGE OFFERS MORE THAN 60 AREAS OF STUDY THAT ALLOW OUR STUDENTS TO TAILOR THEIR ACADEMIC EXPERIENCE TO THE TOPICS THAT MATCH THEIR AMBITIONS. STATISTICS - UNDERGRADUATE STUDENTS: 1,105 FULL-TIME EQUIVALENT STUDENTS AND 288 GRADUATES.SEE SCHEDULE O FOR CONTINUATIONTHE FOUR HALLMARKS OF THIS EXPERIENCE ARE "CUSTOMIZED JOURNEYS," A UNIQUE, LIFE-CYCLE APPROACH TO SELF-DISCOVERY, ACADEMIC ADVISING AND CAREER DEVELOPMENT; "INTELLECTUAL ENGAGEMENT," INCLUDING A REQUIREMENT TO STUDY BROADLY IN TWO DIFFERENT ACADEMIC AREAS; "PROFESSIONAL READINESS," INDIVIDUALIZED DEVELOPMENTAL EXPERIENCES INCLUDING A REQUIRED PRACTICUM RELEVANT TO A DESIRED CAREER; AND "ETHICAL LEADERSHIP," A FOUR-YEAR CURRICULAR AND CO-CURRICULAR PROGRAM FOR ALL STUDENTS TO DEVELOP COMPETENCIES IN CONFLICT RESOLUTION, CIVIL DISCOURSE, PROFESSIONALISM, AND SERVICE TO OTHERS. 11445786 1474132 WASHINGTON & JEFFERSON COLLEGE OFFERS AUXILIARY SERVICES SUCH AS THE OPERATION OF THE CAMPUS STORE, CONFERENCES & EVENTS, LAUNDRY, AND DINING TO ENHANCE THE OVERALL EXPERIENCE OF ITS STUDENTS. 85263636 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 1634 0 1 1012 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X T SZEJKO ASSOC VP FOR BUS & FINANCECONTROLLER 7242236009 60 S LINCOLN STREET WASHINGTON PA 15301 X JOHN C KNAPP PRESIDENT 70.00 0.00 X X 391291 0 97906 DONNA HALEY GRIER CHAIRMAN 6.00 0.00 X X 0 0 0 REYNOLD PETE W MOONEY FIRST VICE CHAIRMAN 3.00 0.00 X X 0 0 0 DIANA L REED VICE CHAIRMAN 2.50 0.00 X X 0 0 0 STEPHEN M ROSS VICE CHAIRMAN 2.50 0.00 X X 0 0 0 JOSEPH H MENENDEZ TREASURER 2.50 0.00 X X 0 0 0 JACQUELINE BAUER SECRETARY 2.50 0.00 X X 0 0 0 JOHN C BURNS TRUSTEE 2.00 0.00 X 0 0 0 LYN M DYSTER PHD TRUSTEE 2.00 0.00 X 0 0 0 KEITH T GHEZZI TRUSTEE 2.00 0.00 X 0 0 0 ROBERT M HOWARD TRUSTEE 1.00 0.00 X 0 0 0 REV MARK JOHNSON SR TRUSTEE 1.00 0.00 X 0 0 0 CLYDE B JONES III TRUSTEE 1.00 0.00 X 0 0 0 SUET KAM LAM TRUSTEE 1.00 0.00 X 0 0 0 CHARLES F MARCY TRUSTEE 1.00 0.00 X 0 0 0 MARY E MASSIE-STORY TRUSTEE 1.00 0.00 X 0 0 0 KENNETH R MELANI TRUSTEE 1.00 0.00 X 0 0 0 PEGGY NORTHROP TRUSTEE 1.00 0.00 X 0 0 0 B JOHN PENDLETON JR TRUSTEE 1.00 0.00 X 0 0 0 DAVID A ROSS TRUSTEE 1.00 0.00 X 0 0 0 LOUISE K ROSS TRUSTEE 2.00 0.00 X 0 0 0 E RONALD SALVITTI II TRUSTEE 1.00 0.00 X 0 0 0 JOHN D SIMON TRUSTEE 2.00 0.00 X 0 0 0 JIMIL B WILSON TRUSTEE 1.00 0.00 X 0 0 0 JAMES IRWIN VP FOR BUSINESS & FINANCE/CFO (EXIT 06/23) 60.00 0.00 X 193839 0 26346 CAROLYN CAMPBELL-GOLDEN VP FOR DEVELOPMENT & ALUMNI ENGAGEMENT 60.00 0.00 X 217308 0 21543 JEFFREY FRICK VP FOR ACADEMIC AFFAIRS/DEAN OF COLLEGE 60.00 0.00 X 199743 0 25723 EVA CHATTERJEE-SUTTON VP FOR STUDENT LIFE/DEAN OF STUDENTS 60.00 0.00 X 137941 0 44723 THOMAS SZEJKO ASSOCIATE VP BUSINESS & FINANCE/CONTROLLER 60.00 0.00 X 144171 0 18569 NEAL JACKSON ASSOCIATE VP OF DEVELOPMENT 50.00 0.00 X 140782 0 17104 KERRI LACOCK ASSOCIATE VP FOR ALUMNI ENGAGEMENT & DEVELOPMENT 50.00 0.00 X 132043 0 25375 MICHAEL TIMKO ASSOCIATE VP FOR TECHNOLOGY 50.00 0.00 X 128485 0 13585 1685603 0 290874 18 0 1 0 METZ CULINARY MANAGEMENT TWO WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICES 3954190 3 ENROLLMENT MARKETING 352 MAIN STREET 333 ONEONTA NY 13820 MARKETING SERVICES 493030 SODEXO INC PO BOX 360170 PITTSBURGH PA 152516170 MAINTENANCE 357662 CHADWICK CONTRACTING LLC 3854 JEFFERSON AVE WASHINGTON PA 15301 CONSTRUCTION 341950 JOHNSON CONTROLS FIRE PROTECTION LP DEPT CH 10320 PALATINE IL 600550320 MAINTENANCE 308090 20 5835883 18689709 895100 24525592 TUITION AND FEES 611310 55745038 55745038 STUDENT SERVICES 611310 14797677 14797677 AUXILIARY PROGRAM SERVICES 611310 1135835 1097029 38806 71678550 1318308 18894 1299414 189002 189002 53841 126161 -72320 -72320 -72320 50141236 52654 40633749 26327 9507487 26327 9533814 9533814 338297 221741 116556 116556 107289502 71639744 57700 11066466 39331675 39331675 357634 357634 1199130 248644 689730 260756 19591103 16208354 2501061 881688 1292899 1056362 176343 60194 3704323 2641065 924864 138394 1507186 1251684 187589 67913 390294 372508 17786 207326 4201 203125 150525 150525 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24525592 59950570 18483159 41467411 2054839 2404652 1749368 1533778 1542257 9284894 52348 1024 53372 69288836 365166775 0.59850 0.70390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 95600983 95600983 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 X X 1 1.43 1 0 0 1 1 16.00 0 X X 0 137190814 2588476 8536704 3915120 5108107 139292767 154659668 4224020 -11135039 3761227 6796608 137190814 127019087 3060896 35848576 3749025 7519866 154659668 136317355 1694663 -2996964 3480612 4515355 127019087 138241803 1939456 4547921 7230548 1181277 136317355 0.14730 0.70400 0.14870 0 0 11065530 11065530 223178517 95071923 128106594 42897669 34625442 8272227 5449903 5249781 200122 147644473 200005 F INVESTMENT IN LIMITED PARTNERSHIPS 20806926 F INVEST. IN OTHER HEDGE FUNDS 33694667 F INVESTMENTS - REAL ESTATE 1919970 C CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 511032 F SECURITIES HELD IN TRUST BY OTHERS 6410413 F 63543013 POSTRETIREMENT HEALTHCARE BENEFITS 2410080 FED. GOV ADVANCES FOR STUDENT LOANS 794533 LIABILITIES UNDER LIFE INTEREST AGREEMENT 5983083 DEPOSITS HELD IN CUSTODY FOR OTHERS 1061436 10249132 X 66428338 -1343573 171718 -1171855 67600193 39689309 39689309 107289502 55911674 347902 347902 55563772 39689309 39689309 95253081 PART II, LINE 9: WASHINGTON AND JEFFERSON COLLEGE DOES NOT INCLUDE A FOOTNOTE IN THE AUDITED FINANCIAL STATEMENTS RELATED TO CONSERVATION EASEMENTS, HOWEVER, THE PROPERTY SUBJECT TO THE CONSERVATION EASEMENT IS INCLUDED AS AN ASSET WITHIN THE FINANCIAL STATEMENTS OF THE COLLEGE. PART III, LINE 1A: THE COLLEGE'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: COLLECTIONS ARE USED TO FURTHER THE EDUCATIONAL PURPOSES OF THE COLLEGE. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR SUPPORT OF THE COLLEGE'S MISSION. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED AS WELL AS BOARD-DESIGNATED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE COLLEGE TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE TRUSTEES OF THE COLLEGE HAVE ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141). ACT 141 PERMITS UTILIZATION OF A TOTAL RETURN POLICY THAT ALLOW A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE BETWEEN 2% AND 7% OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S INVESTMENTS WITH DONOR RESTRICTIONS AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE COLLEGE ELECTS A SPENDING RATE NOT TO EXCEED 7%, FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, AS APPROVED BY THE BOARD. THE COLLEGE CLASSIFIES NET ASSETS WITH DONOR RESTRICTIONS AS THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT. EARNINGS ON THESE GIFTS ARE ACCUMULATED IN NET ASSETS WITH DONOR RESTRICTIONS. IN ACCORDANCE WITH ACT 141, THE COLLEGE HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT FUND. THE COLLEGE CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND. 2. PRESERVING THE SPENDING POWER OF THE ASSETS. 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION. 4. COMPLYING WITH APPLICABLE LAWS. PART X, LINE 2: PROVISION FOR FEDERAL TAXES ON INCOME HAS NOT BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS, SINCE THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE COLLEGE HAS BEEN FURTHER CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(1)(A) OF THE IRC. HOWEVER, TO THE EXTENT THAT SOME AUXILIARY REVENUES EXCEED THE RELATED EXPENSES, THEY ARE CONSIDERED UNRELATED BUSINESS INCOME AND SUBJECT TO INCOME TAX. THE COLLEGE FOLLOWS THE PROVISIONS OF THE FASB CODIFICATION TOPIC RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE'S STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2023 AND 2022 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS. THE COLLEGE BELIEVES THAT IT IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 221,741. RENTAL EXPENSES 126,161. CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS -176,184. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 39,689,309. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 221,741. RENTAL EXPENSES 126,161. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 39,689,309. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WASHINGTON AND JEFFERSON COLLEGE ACTIVELY RECRUITS STUDENTS IN ALL 50 STATES, WASHINGTON, D.C., PUERTO RICO, THE VIRGIN ISLANDS AND VARIOUS INTERNATIONAL COUNTRIES. IT IS THE OPINION OF THE COLLEGE THAT IT WOULD BE COST PROHIBITIVE TO PUBLICIZE THE COLLEGE'S NONDISCRIMINATION POLICY (AS TO RACE, COLOR, SEX, HANDICAP, AGE, OR NATIONAL ORIGIN) THROUGH NEWSPAPER OR BROADCAST MEDIA IN SUCH A LARGE GEOGRAPHICAL AREA. THE COLLEGE'S RACIAL NONDISCRIMINATION POLICY (AND OTHER AFOREMENTIONED NONDISCRIMINATORY POLICIES) ARE PUBLISHED IN THE COLLEGE'S CATALOGUES, PROGRAM PROFILES, FINANCIAL AID BROCHURE, APPLICATION FORM, COLLEGE PUBLICATIONS AND OTHER WRITTEN COMMUNICATIONS WHICH ARE ROUTINELY PROVIDED TO ALL PROSPECTIVE STUDENTS. THIS POLICY IS ALSO POSTED ON THE COLLEGE'S INTERNET WEBSITE. SCHEDULE E, PART I, LINE 6 IN THE COURSE OF OUR BUSINESS AS A COLLEGE, THE INSTITUTION RECEIVES FEDERAL GRANTS. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 45472 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 305782 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 6805 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 7247 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 40949 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 1345 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 14138 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 1380 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES STUDY ABROAD/INTERNATIONAL VENDORS 15888 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MAXWELL/MAGELLAN AWARDS 300 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION MAXWELL/MAGELLAN AWARDS 26063 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION MAXWELL/MAGELLAN AWARDS 4166 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION STUDENT AID 41300 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION STUDENT AID 207660 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION STUDENT AID 58645 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION STUDENT AID 19500 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 19435918 0 0 0 0 0 0 423118 19809440 20232558 STUDENT AID EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 45466 CREDIT TO STUDENT'S ACCOUNTS FOR FINANCIAL AID 0 N/A N/A STUDENT AID EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 22 233723 CREDIT TO STUDENT'S ACCOUNTS FOR FINANCIAL AID 0 N/A N/A STUDENT AID SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 58645 CREDIT TO STUDENT'S ACCOUNTS FOR FINANCIAL AID 0 N/A N/A STUDENT AID RUSSIA AND NEIGHBORING STATES 1 19500 CREDIT TO STUDENT'S ACCOUNTS FOR FINANCIAL AID 0 N/A N/A STUDENT AID CENTRAL AMERICA AND THE CARIBBEAN 1 300 CREDIT TO STUDENT'S ACCOUNTS FOR FINANCIAL AID 0 N/A N/A 1 0 1 0 1 0 PART I, LINE 2: THE GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. ELIGIBILITY AND AWARDING OF THE GRANTS IS DETERMINED BY THE FINANCIAL AID OFFICE. PART III ACCOUNTING METHOD: X X X X X X 1 ALEXANDER HAAS 3520 PIEDMONT ROAD ATLANTA GA 30305 CAMPAIGN CONSULTING 0 0 54000 -54000 54000 -54000 MN MS MO MT NE NH NJ NY NC NM NV OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY AL AK AR AZ CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI ND 1 SCHOLARSHIPS AND STUDENT AID 1124 38863966 N/A N/A STUDENT ASSISTANCE FOR ACADEMIC SUPPORT 8 372090 N/A N/A STUDENT ASSISTANCE, STUDENT AWARDS 88 95619 N/A N/A PART I, LINE 2: GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. ELIGIBILITY AND AWARDING OF THE GRANTS IF DETERMINED BY THE FINANCIAL AID OFFICE. X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 JOHN C KNAPP PRESIDENT 388273 0 0 0 3018 0 34884 0 63022 0 489197 0 0 0 CAROLYN CAMPBELL-GOLDEN VP FOR DEVELOPMENT & ALUMNI ENGAGEMENT 215805 0 0 0 1503 0 8512 0 13031 0 238851 0 0 0 JEFFREY FRICK VP FOR ACADEMIC AFFAIRS/DEAN OF COLLEGE 192425 0 0 0 7318 0 7904 0 17819 0 225466 0 0 0 JAMES IRWIN VP FOR BUSINESS & FINANCE/CFO (EXIT 06/23) 183133 0 0 0 10706 0 7499 0 18847 0 220185 0 0 0 EVA CHATTERJEE-SUTTON VP FOR STUDENT LIFE/DEAN OF STUDENTS 136558 0 0 0 1383 0 5960 0 38763 0 182664 0 0 0 THOMAS SZEJKO ASSOCIATE VP BUSINESS & FINANCE/CONTROLLER 142308 0 0 0 1863 0 5846 0 12723 0 162740 0 0 0 NEAL JACKSON ASSOCIATE VP OF DEVELOPMENT 139972 0 0 0 810 0 5877 0 11227 0 157886 0 0 0 KERRI LACOCK ASSOCIATE VP FOR ALUMNI ENGAGEMENT & DEVELOPMENT 130841 0 0 0 1202 0 5652 0 19723 0 157418 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: THE COLLEGE IS NOT REIMBURSED FOR THE TRAVEL COSTS INCURRED BY THE CURRENT PRESIDENT'S SPOUSE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: FOR THE COLLEGE'S CONVENIENCE AND TO ENABLE THE VP FOR STUDENT LIFE/DEAN OF STUDENTS AND COLLEGE PRESIDENT TO CARRY OUT THEIR RESPONSIBILITIES, THE COLLEGE REQUIRES THE VP FOR STUDENT LIFE/DEAN OF STUDENTS AND PRESIDENT TO LIVE ON CAMPUS IN HOUSING THAT IS PROVIDED BY THE COLLEGE. CLUB MEMBERSHIPS: IN ORDER THAT THE PRESIDENT MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE COLLEGE, THE COLLEGE PAYS FOR MEMBERSHIP AT THE DUQUESNE CLUB. ALL PERSONAL CHARGES ARE THE PRESIDENT'S RESPONSIBILITY. IN ADDITION, TO ENCOURAGE EDUCATIONAL AND GOOD BUSINESS RELATIONSHIPS, WASHINGTON & JEFFERSON COLLEGE MAKES AVAILABLE SOCIAL CLUB MEMBERSHIPS TO THE PRESIDENT AND SELECT SENIOR MANAGEMENT. A WASHINGTON COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 251437320 938598BQ1 2017-12-21 57234942 REFUNDING OF 2010 SERIES 0 0 0 A 57234942 479595 56755347 2017 0 1 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 MARTHINSEN & SALVITTI INSURANCE GROUP MAJORITY OWNER 547818 CURRENT TRUSTEE HAS OWNERSHIP INTEREST IN INSURANCE PROVIDER. THE TRANSACTION INCLUDES AMOUNTS PAID TO INSURANCE POLICY PROVIDERS AND INSURANCE BROKERAGE FEES. 0 X 14 895100 FMV 0 0 1 0 PART I, COLUMN (B): THE VALUE IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS OF NONCASH CONTRIBUTIONS DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE THE FULL POWER OF THE BOARD OF TRUSTEES AT ALL TIMES WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, EXCEPT FOR: THE ELECTION OF THE TRUSTEES AND OFFICERS OF THE BOARD; THE AMENDMENT OR REPEAL OF THE COLLEGE CHARTER OR BYLAWS, OR ANY RESOLUTION OF THE BOARD; THE CREATION OR DISSOLUTION OF COMMITTEES OF THE BOARD; THE ELECTION AND TERMINATION OF THE PRESIDENT OF THE COLLEGE; THE AWARDING OF DEGREES AND TENURE; THE APPROVAL OF THE ANNUAL BUDGET AND COMPREHENSIVE FEE (TUITION, FEES, ROOM AND BOARD); THE ACCEPTANCE OF AUDITED STATEMENTS; THE APPROVAL OF DEBT AND INVESTMENT POLICIES; AND CHANGES TO THE COLLEGE'S MISSION STATEMENT; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE MAY TAKE ANY SUCH EXCEPTED ACTION, OR ANY OTHER ACTION, IF AND TO THE EXTENT SPECIFICALLY AUTHORIZED BY A RESOLUTION OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE MAY AUTHORIZE, WITHIN ANY TWELVE-MONTH PERIOD, EXPENDITURES UP TO $500,000 IN CONNECTION WITH THE DAY-TO-DAY OPERATION OF THE COLLEGE, PRESSING CIRCUMSTANCES AND FAVORABLE OPPORTUNITIES; PROVIDED THAT THE COMMITTEE (1) DULY CONSIDERS THE NATURE, IMPORTANCE AND COST OF THE PARTICULAR MATTER, THE IMPORTANCE OF TIMING, THE LENGTH OF TIME UNTIL THE NEXT BOARD MEETING, AND THE DESIRABILITY OF FULL BOARD APPROVAL; (2) OBTAINS THE APPROVAL OF THE CHAIRS OF ALL APPROPRIATE COMMITTEES, AND (3) DETERMINES THAT ANY SUCH EXPENDITURE IS FISCALLY PRUDENT AND CONSISTENT WITH THE MISSION OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ASSOCIATE VICE PRESIDENT FOR BUSINESS & FINANCE/CONTROLLER AND THE VP FOR BUSINESS & FINANCE/CFO. HIGHLIGHTS OF THE FORM ARE THEN REVIEWED WITH THE PRESIDENT OF THE COLLEGE. A COMPLETE COPY OF FORM 990 IS AVAILABLE TO THE BOARD ONLINE, FOR THEIR REVIEW, AND IS PRESENTED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRES ARE SENT ANNUALLY TO THE BOARD OF TRUSTEES AND SENIOR STAFF. THEY ARE RETURNED TO THE TITLE IX AND COMPLIANCE OFFICER, WHO REVIEWS THE QUESTIONNAIRES AND PREPARES A SUMMARY OF THE RESPONSES. THE SUMMARY IS SENT TO THE PRESIDENT, AUDIT AND RISK MANAGEMENT COMMITTEE CHAIRPERSON, AND THE BOARD OF TRUSTEES CHAIRPERSON FOR INITIAL REVIEW. THEN, THE TITLE IX AND COMPLIANCE OFFICER PRESENTS THE SUMMARY TO THE AUDIT AND RISK MANAGEMENT COMMITTEE SO THAT APPROPRIATE ACTION, IF ANY, CAN BE TAKEN. TRUSTEES OR SENIOR STAFF MEMBERS WHO HAVE A DISCLOSED CONFLICT OF INTEREST, SHALL REFRAIN AND BE ABSENT FROM CONSIDERATION OF RELATED MATTERS, EXCEPT TO THE EXTENT THAT THE BOARD REQUESTS INFORMATION OR INTERPRETATION. IN NO EVENT SHALL TRUSTEES, WHO HAVE A DISCLOSED CONFLICT, VOTE ON A MATTER OR BE PRESENT AT THE TIME OF A VOTE. FORM 990, PART VI, SECTION B, LINE 15 -PRESIDENT: THE EMPLOYMENT CONTRACT INCLUDED A SALARY/BENEFITS REVIEW PERFORMED BY AN UNRELATED THIRD PARTY ON BEHALF OF THE BOARD OF TRUSTEES, AND THE CONTRACT WAS APPROVED BY AN INDEPENDENT BOARD. THE PROCESS INCLUDED AN ANALYSIS OF COMPARABLE SALARY AND BENEFIT DATA. THE BOARD APPROVAL WAS DOCUMENTED IN THE MINUTES. -VP FOR BUSINESS & FINANCE/CFO: THE COLLEGE SUBCONTRACTED TO AN UNRELATED CONSULTANT GROUP FOR A SALARY AND BENEFITS REVIEW, INCLUDING AN ANALYSIS OF COMPARABLE DATA, AND ASSISTANCE WITH THE HIRING PROCESS. THE BOARD AND THE SENIOR STAFF ALSO PARTICIPATED IN THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -176,184. FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES MEETS TWO TIMES A YEAR WITH THE COLLEGE'S EXTERNAL AUDITORS. THE FIRST MEETING TAKES PLACE IN THE PRE AUDIT PLANNING PHASE, AND THE SECOND MEETING IS AFTER THE AUDIT FIELDWORK IS COMPLETED, TO REVIEW THE RESULTS WITH THE AUDITORS. THE COMMITTEE THEN VOTES TO APPROVE THE RESULTS OF THE AUDITED FINANCIAL STATEMENTS AND PRESENTS THE RESULTS TO THE FULL BOARD. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII, EMERITUS TRUSTEES: THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES OF WASHINGTON & JEFFERSON COLLEGE WITH NO VOTING RIGHTS: JERRELL L. ANGELL, RICHARD T. CLARK, WALTER COOPER, JOHN R. ECHEMENT, WALTER FLAMENBAUM, M.D., JOHN E. FRAZIER II, M.D., JOSEPH A. HARDY, SR., COLEMAN HUGHLEY, JAMES H. KNEPSHIELD, VICTOR LAZZARO, JR., WILLIAM N. MACARTNEY III, CHARLES T. NASON, JOHN L.S. NORTHROP, RONALD V. PELLEGRINI, M.D., JAMES L. PHILLIPS, M.D., A. MICHAEL PRATT, ESQ., ANICA D. RAWNSLEY, FRANKLIN RUMORE, M.D., E. RONALD SALVITTI, M.D., RONALD P. SANDMEYER, SR., ROBERT H. SHOOP, JR., ESQ., ROBERT B. SHUST, WILLIAM M. STOUT, ROBERT G. WALKER CHARITABLE REMAINDER UNITRUST (5) PHILANTHROPY PA WASHINGTON & JEFFERSON COLLEGE T 0 CHARITABLE REMAINDER TRUST (1) PHILANTHROPY PA WASHINGTON & JEFFERSON COLLEGE T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0