GOUCHER COLLEGE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: GOUCHER COLLEGE (EIN 52-0591613)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-08
IRS object ID: 202501289349301625
Schema version: 2023v6.0
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-08T11:23:42-07:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	520591613	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GOUCHER COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GOUC	BusinessNameControlTxt
Phone	4103376000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Noel Ward	PersonNm
Person Title	AVP for Finance and Controller	PersonTitleTxt
Phone	4103376132	PhoneNum
Signature	2025-05-08	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Kent Deveraux	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$156,521,429	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.goucher.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1885	FormationYr
Legal Domicile State	MD	LegalDomicileStateCd
Activity Or Mission	Goucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking.	ActivityOrMissionDesc
Voting Members Governing Body	32	VotingMembersGoverningBodyCnt
Voting Members Independent	31	VotingMembersIndependentCnt
Total Employee	1396	TotalEmployeeCnt
Total Volunteers	211	TotalVolunteersCnt
Total Gross UBI	-$286,836	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$13,779,121	PYContributionsGrantsAmt
CY Contributions Grants	$67,499,783	CYContributionsGrantsAmt
PY Program Service Revenue	$67,118,512	PYProgramServiceRevenueAmt
CY Program Service Revenue	$66,180,376	CYProgramServiceRevenueAmt
PY Investment Income	$2,890,618	PYInvestmentIncomeAmt
CY Investment Income	$5,252,955	CYInvestmentIncomeAmt
PY Other Revenue	$797,314	PYOtherRevenueAmt
CY Other Revenue	$620,480	CYOtherRevenueAmt
PY Total Revenue	$84,585,565	PYTotalRevenueAmt
CY Total Revenue	$139,553,594	CYTotalRevenueAmt
PY Grants And Similar Paid	$34,254,562	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$34,892,743	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$37,075,544	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$38,873,199	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,624,825	CYTotalFundraisingExpenseAmt
PY Other Expenses	$36,928,954	PYOtherExpensesAmt
CY Other Expenses	$37,151,903	CYOtherExpensesAmt
PY Total Expenses	$108,259,060	PYTotalExpensesAmt
CY Total Expenses	$110,917,845	CYTotalExpensesAmt
PY Revenues Less Expenses	-$23,673,495	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$28,635,749	CYRevenuesLessExpensesAmt
Total Assets BOY	$430,325,294	TotalAssetsBOYAmt
Total Assets EOY	$477,504,242	TotalAssetsEOYAmt
Total Liabilities BOY	$127,538,587	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$125,464,640	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$302,786,707	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$352,039,602	NetAssetsOrFundBalancesEOYAmt
Mission	Goucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. The College's vision is to become a top-100 national liberal arts college known for offering a transformational education that delivers graduates who can solve complex problems within a diverse, global community.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$84,289,331	ExpenseAmt
Grant	$33,690,904	GrantAmt
Revenue	$60,176,636	RevenueAmt
Desc	The College provided an Undergraduate Arts and Sciences education to 965 students. Goucher's academic philosophy is focused on 3Rs: relationships, resilience, and reflection, and coursework reflects the core values of a liberal arts education: proficiency in English composition and in a foreign language, solid foundations in history, abstract reasoning, scientific discovery and experimentation, problem-solving, social structures, and environmental sustainability. A highlight of Goucher's unique liberal arts curriculum is the requirement that all undergraduates must study abroad at least once before graduation, making the College among the first in the nation to make such a bold move in globalized education. Goucher strives to educate the whole student and promotes a broad education over narrow career training. This gives graduates a wide range of professional options and increased ability to take advantage of new opportunities in developing fields-and even the capability to change careers. Goucher students master a range of knowledge, including the communication, critical thinking, and quantitative reasoning skills that U.S. employers overwhelmingly say they want job candidates to have.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$6,803,598	ExpenseAmt
Grant	$1,201,839	GrantAmt
Revenue	$5,553,840	RevenueAmt
Desc	The College provided a graduate education to 536 students. The Welch Center for Graduate and Professional Studies offers a diverse range of academic programs, including: Master of Arts and Master of Fine Arts degrees in areas such as education, teaching, historic preservation, arts administration, cultural sustainability, digital arts, nonfiction, management, and environmental sustainability, plus a post-baccalaureate premedical program. These programs are led by industry leaders who help students strengthen their skills, add to their knowledge base, and create professional opportunities wherever their passions lead.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$427,220	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$449,990	RevenueAmt
Desc	The College provided credit and non-credit continuing studies course work for 601 participants. Goucher is home to the College Board's Advanced Placement (AP) Summer Institute, training teachers in AP courses from across the country and around the world. The Advanced Placement Summer Institute allows teachers to earn graduate credit while gaining College Board-certified preparation in most subject areas offered through AP programs.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$0	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$91,520,149	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	2337	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1396	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	BD	ForeignCountryCd
Foreign Country	CJ	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	32	GoverningBodyVotingMembersCnt
Independent Voting Member	31	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	LA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Brian Hutzley	PersonNm
Phone	4103373128	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Kent Devereaux
President	40.00	0.00	Yes (X)	Yes (X)	$450,411	$0	$217,106
Michele Y Ewing
VP for Advancement	40.00	0.00			$236,567	$0	$40,506	Yes (X)
Elaine Meyer-Lee
Provost	40.00	0.00		Yes (X)	$230,583	$0	$30,295
Jonathan Lindsay
VP for Enrollment Management	40.00	0.00			$204,511	$0	$19,109	Yes (X)
Noel Ward
Associate VP of Finance and Controller	40.00	0.00			$188,699	$0	$27,336		Yes (X)
Aarika Camp
Vice President of Student Affairs	40.00	0.00			$185,289	$0	$30,295	Yes (X)
Lisa Van Riper
VP of Marketing and Communications	40.00	0.00			$180,411	$0	$28,716	Yes (X)
Erik Thompson
VP for Campus Operations	40.00	0.00			$194,276	$0	$6,129	Yes (X)
Kristi Yowell
Associate VP for Human Resources	40.00	0.00			$181,122	$0	$9,266		Yes (X)
Daniele Bananto
Sr. Director of Information Technology App & Projects	40.00	0.00			$135,672	$0	$16,676		Yes (X)
David Grossman
Associate Professor	40.00	0.00			$141,734	$0	$6,404		Yes (X)
German Mora
Associate Provost for Curriculum	40.00	0.00			$129,588	$0	$7,111		Yes (X)
Lisa Lyden Stromberg Class of 1983
Trustee, Chair	25.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
Faye Polayes Class of 1973
Trustee, Vice Chair	20.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
Janet Farrell Class of 1973
Trustee, Treasurer	10.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
Jocelyn Reader Class of 2002
Trustee, Secretary	10.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
Tara Abdullah-Nri Class of 2022
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Patricia Batza Class of 1991
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Robert Lee Bull Jr Class of 1993
Trustee	10.00	0.00	Yes (X)		$0	$0	$0
Melinda J Burdette Class of 1972
Trustee	10.00	0.00	Yes (X)		$0	$0	$0
Tinisha J Cheatham
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Marc Cousins
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Elizabeth Ellers Class of 1981
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Leda Fuller Favor Class of 1979
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Stefano Fiore Class of 2022
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Deanna Galer Class of 2017
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Linda K Himmelberger Class of 1974
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Miriam Brown Hutchins Class of 1973
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Miriam E Katowitz Class of 1973
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Marcus Loveland
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Dr Michael Okoroafor
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Alice G Pinderhughes Class of 1973
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Rosana Roig Class of 1978
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Madalyn Romberger Class of 2021
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Jonathan Schoenfeld Class of 1997
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Kim Shaffir Class of 1983
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Stewart Thomsen
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Cindy Truitt Class of 1988
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Marilyn S Warshawsky Class of 1968
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Craig Watson
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Betsy Weingarten Class of 1988
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Jonathan Wexler Class of 1994
Trustee	5.00	0.00	Yes (X)		$0	$0	$0
Wendy S White Class of 1972
Trustee	5.00	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,458,863	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$438,949	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	54	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line2ContractorAddress/USAddress/AddressLine2Txt
Bon Appetit Management Co
1021 Dulaney Valley Road	Baltimore	MD	21204	Food service provider	$4,694,954
Popowski Brothers Inc dba PBI Commercial
16 Stenersen Lane	Hunt Valley	MD	21030	Construction Service Providerv	$1,072,255	Unit 1-A
Workday
6110 Stoneridge Mall Road	Pleasanton	CA	94588	Management Information System Consultant	$943,617
EAB Global Inc
2445 M Street NW	Washington	DC	20037	Educational Consultant	$845,188
Securitas Security Services USA Inc
9 Campus Drive	Parisppany	NJ	07054	Security Service Provider	$792,738

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	37	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$33,357	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$5,526,860	GovernmentGrantsAmt
All Other Contributions	$61,939,566	AllOtherContributionsAmt
Noncash Contributions	$458,780	NoncashContributionsAmt
Total Contributions	$67,499,783	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Undergraduate Tuition, Room & Board	611310	$60,176,636	$60,176,636	$0	$0
Graduate Tuition, Room & Board	611310	$5,553,840	$5,553,840	$0	$0
Continuing Professional Education	611310	$449,900	$449,900	$0	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$66,180,376	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,831,934	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$322,774	UnrelatedBusinessRevenueAmt
Exclusion	$2,154,708	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$148,716	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$148,716	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$581,352	RealAmt
Personal	$0	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$818,792	RealAmt
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$237,440	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$237,440	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$254,561	UnrelatedBusinessRevenueAmt
Exclusion	$17,121	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$17,185,349	SecuritiesAmt
Other	$2,127,153	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$14,184,080	SecuritiesAmt
Other	$1,856,117	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,001,269	SecuritiesAmt
Other	$271,036	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,272,305	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$7,879	UnrelatedBusinessRevenueAmt
Exclusion	$3,264,426	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$9,020	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$33,357	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$33,327	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$24,307	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	-$24,307	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$109,156	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$75,519	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$33,637	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$33,637	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Pilates	713940	$233,919	$0	$233,919	$0
Pool	713940	$48,701	$0	$48,701	$0

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$565,970	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$565,970	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$848,590	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$139,553,594	TotalRevenueColumnAmt
Related Or Exempt Func Income	$66,180,376	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$286,836	UnrelatedBusinessRevenueAmt
Exclusion	$6,160,271	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$34,777,179	TotalAmt
Program Services	$34,777,179	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$115,564	TotalAmt
Program Services	$115,564	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,551,074	TotalAmt
Program Services	$568,750	ProgramServicesAmt
Management And General	$613,412	ManagementAndGeneralAmt
Fundraising	$368,912	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$30,644,476	TotalAmt
Program Services	$22,194,465	ProgramServicesAmt
Management And General	$7,132,169	ManagementAndGeneralAmt
Fundraising	$1,317,842	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,234,609	TotalAmt
Program Services	$802,923	ProgramServicesAmt
Management And General	$382,496	ManagementAndGeneralAmt
Fundraising	$49,190	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,168,883	TotalAmt
Program Services	$2,236,083	ProgramServicesAmt
Management And General	$851,386	ManagementAndGeneralAmt
Fundraising	$81,414	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,274,157	TotalAmt
Program Services	$1,594,929	ProgramServicesAmt
Management And General	$559,148	ManagementAndGeneralAmt
Fundraising	$120,080	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$234,427	TotalAmt
Program Services	$120,501	ProgramServicesAmt
Management And General	$109,650	ManagementAndGeneralAmt
Fundraising	$4,276	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$134,721	TotalAmt
Management And General	$134,721	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$14,013	TotalAmt
Management And General	$14,013	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,115,072	TotalAmt
Management And General	$1,115,072	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,398,844	TotalAmt
Program Services	$3,656,182	ProgramServicesAmt
Management And General	$1,460,195	ManagementAndGeneralAmt
Fundraising	$282,467	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$549,486	TotalAmt
Program Services	$129,891	ProgramServicesAmt
Management And General	$359,980	ManagementAndGeneralAmt
Fundraising	$59,615	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,281,423	TotalAmt
Program Services	$1,927,427	ProgramServicesAmt
Management And General	$312,803	ManagementAndGeneralAmt
Fundraising	$41,193	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,572,929	TotalAmt
Program Services	$147,117	ProgramServicesAmt
Management And General	$1,400,812	ManagementAndGeneralAmt
Fundraising	$25,000	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,854,222	TotalAmt
Program Services	$3,597,749	ProgramServicesAmt
Management And General	$201,289	ManagementAndGeneralAmt
Fundraising	$55,184	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,050,420	TotalAmt
Program Services	$969,771	ProgramServicesAmt
Management And General	$49,476	ManagementAndGeneralAmt
Fundraising	$31,173	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$209,960	TotalAmt
Program Services	$181,269	ProgramServicesAmt
Management And General	$21,465	ManagementAndGeneralAmt
Fundraising	$7,226	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,013,701	TotalAmt
Program Services	$3,704,727	ProgramServicesAmt
Management And General	$285,926	ManagementAndGeneralAmt
Fundraising	$23,048	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$8,942,719	TotalAmt
Program Services	$8,406,156	ProgramServicesAmt
Management And General	$447,136	ManagementAndGeneralAmt
Fundraising	$89,427	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$987,887	TotalAmt
Management And General	$987,887	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Food Service Costs	$4,331,022	$4,331,022	$0	$0
Study Abroad	$673,506	$673,506	$0	$0
Food	$645,691	$526,825	$61,839	$57,027
Other Administration	$1,141,860	$858,113	$271,996	$11,751

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$110,917,845	TotalAmt
Program Services	$91,520,149	ProgramServicesAmt
Management And General	$16,772,871	ManagementAndGeneralAmt
Fundraising	$2,624,825	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,490,874	BOYAmt
EOY	$2,211,241	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,215,008	BOYAmt
EOY	$1,220,711	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,126,762	BOYAmt
EOY	$3,236,135	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,482,373	BOYAmt
EOY	$2,427,873	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,484,493	BOYAmt
EOY	$2,406,886	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$313,725,597	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$158,284,310	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$162,025,564	BOYAmt
EOY	$155,441,287	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$160,064,820	BOYAmt
EOY	$188,388,418	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$80,353,956	BOYAmt
EOY	$83,338,499	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$5,612,428	BOYAmt
EOY	$5,735,254	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$9,469,016	BOYAmt
EOY	$33,097,938	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$430,325,294	BOYAmt
EOY	$477,504,242	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,036,176	BOYAmt
EOY	$5,636,195	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,300,278	BOYAmt
EOY	$2,496,053	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$106,162,762	BOYAmt
EOY	$106,145,277	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$2,800,000	BOYAmt
EOY	$2,800,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$9,239,371	BOYAmt
EOY	$8,387,115	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$127,538,587	BOYAmt
EOY	$125,464,640	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$79,499,935	BOYAmt
EOY	$68,052,974	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$223,286,772	BOYAmt
EOY	$283,986,628	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$302,786,707	BOYAmt
EOY	$352,039,602	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$430,325,294	BOYAmt
EOY	$477,504,242	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$28,635,749	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$19,742,760	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$874,386	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,189,472	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$23,481,871	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$19,369,740	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$13,779,121	CurrentTaxYearMinus1YearAmt
Current Tax Year	$67,499,783	CurrentTaxYearAmt
Total	$134,319,987	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,189,472	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$23,481,871	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$19,369,740	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$13,779,121	CurrentTaxYearMinus1YearAmt
Current Tax Year	$67,499,783	CurrentTaxYearAmt
Total	$134,319,987	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$59,908,538	SubstantialContributorsTotAmt
Public Support Total170	$74,411,449	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,214,272	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,389,826	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,065,047	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,925,779	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,323,935	CurrentTaxYearAmt
Total	$8,918,859	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$655,328	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$164,469	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,748,901	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$713,671	CurrentTaxYearMinus1YearAmt
Current Tax Year	$684,146	CurrentTaxYearAmt
Total	$4,966,515	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$148,205,361	TotalSupportAmt
Gross Receipts Rltd Activities	$353,546,425	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.50208	PublicSupportCY170Pct
Public Support PY170	0.72908	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170	Yes (X)	ThirtyThrPctSuprtTestsPY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10	FormAndLineReferenceDesc
Explanation	Includes income from other revenue ($565,970), fundraising events ($9,020) and inventory ($109,156)	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	Yes (1)	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$3,573	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$10,440	OtherActivitiesAmt
Total Lobbying Expenditures	$14,013	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1	FormAndLineReferenceDesc
Explanation	Members of Goucher's senior management team, faculty, staff and a select number of students participate in the annual Independent Higher Education Day. The event was sponsored by the Maryland Independent College and University Association (MICUA), of which Goucher is a member, and brought students and administrators from across the state to Maryland's capital for a briefing and visits with elected officials. In addition, members of Goucher's staff met with elected officials on behalf of the College. The associated compensation for these activities is reported on line 1g. The organization paid membership dues of $6,799 to the National Association of Independent Colleges and Universities (NAICU) and $61,852 to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU set aside approximately 8% of the dues paid to engage in non-deductible lobbying and political expenditures. MICUA set aside approximately 16% of the dues paid to engage in non-deductible lobbying and political expenditures. Accordingly, the College has reported an equal amount on line 1i.	ExplanationTxt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	Education	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$239,770,000	BeginningYearBalanceAmt
Contributions	$49,324,000	ContributionsAmt
Investment Earnings Or Losses	$22,508,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,896,000	GrantsOrScholarshipsAmt
Other Expenditures	$13,056,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$292,650,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$243,311,000	BeginningYearBalanceAmt
Contributions	$4,964,000	ContributionsAmt
Investment Earnings Or Losses	$11,220,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,360,000	GrantsOrScholarshipsAmt
Other Expenditures	$14,365,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$239,770,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$259,341,000	BeginningYearBalanceAmt
Contributions	$5,677,000	ContributionsAmt
Investment Earnings Or Losses	-$9,759,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,879,000	GrantsOrScholarshipsAmt
Other Expenditures	$7,069,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$243,311,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$191,378,000	BeginningYearBalanceAmt
Contributions	$73,947,000	ContributionsAmt
Investment Earnings Or Losses	$5,993,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,842,000	GrantsOrScholarshipsAmt
Other Expenditures	$7,135,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$259,341,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$203,430,000	BeginningYearBalanceAmt
Contributions	$2,548,000	ContributionsAmt
Investment Earnings Or Losses	$2,599,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,658,000	GrantsOrScholarshipsAmt
Other Expenditures	$12,541,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$191,378,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.098	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.505	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.397	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$14,780,348	OtherCostOrOtherBasisAmt
Book Value	$14,780,348	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$261,584,643	OtherCostOrOtherBasisAmt
Depreciation	$131,025,485	DepreciationAmt
Book Value	$130,559,158	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$0	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$33,857,794	OtherCostOrOtherBasisAmt
Depreciation	$27,258,825	DepreciationAmt
Book Value	$6,598,969	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$3,502,812	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$3,502,812	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$155,441,287	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Hedge Funds	$27,124,695	F
Limited Partnership Interest	$56,213,804	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$83,338,499	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
Split Interest Agreements	$29,758,000
Interest Rate Swap Agreement	$3,339,938

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$33,097,938	TotalBookValueOtherAssetsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
Other long-term liabilities	$5,007,651
Asset retirement obligation	$2,098,708
Payables and deferred revenues under split interest arrangements	$1,280,756

Field	Value	IRS element (for citing)
Total Liability	$8,387,115	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$125,159,000	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$19,742,760	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$35,064,544	OtherRevenueAmt
Revenue Not Reported	-$15,321,784	RevenueNotReportedAmt
Revenue Subtotal	$140,480,784	RevenueSubtotalAmt
Investment Expenses Not Incld	$0	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$927,190	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$927,190	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$139,553,594	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$75,906,000	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$0	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	$927,637	OtherExpensesIncludedAmt
Expenses Not Reported	$927,637	ExpensesNotReportedAmt
Expenses Subtotal	$74,978,363	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$0	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$35,939,482	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$35,939,482	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$110,917,845	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 1	The College did not disclose its collection and related policies in its financial statements.
Schedule D, Part III, Line 4	The College art collection is comprised of works of fine art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value. The art collection is owned by the College. Art objects are housed in buildings or on the campus grounds of the College or are loaned by the College to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings, and other artistic objects. The collection is used for scholarly research, education, and public exhibitions in furtherance of the exempt purposes of the College.
Schedule D, Part V, Line 4	The endowment of Goucher College generated income to support the College both generally and in specific ways designated by our generous donors. Income, allocated across approximately 700 endowments, supports both merit and need-based scholarships of undergraduate and graduate students; fellowships; internships; professorships; lectureships; the College library; and the College's general operating budget.
Schedule D, Part X, Line 2	The College is qualified as a not-for-profit organization under section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the College is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for 2024 or 2023. Management has analyzed the tax positions taken by the College and has concluded that as of June 30, 2024, and 2023, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements. The College is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.
Schedule D, Part XI, Line 2d	Includes student financial aid of $34,408,741, Revenue Share of $495,250 paid to a service provider, investment fees of $1,115,072, unrealized gain on swap agreement of ($874,938) and the reclassification of intercompany revenue against expenses of $79,581.
Schedule D, Part XI, Line 4b	Rental expenses of ($818,792), fundraising expenses of ($33,357), cost of goods sold of ($75,519) and a rounding difference of $448.
Schedule D, Part XII, Line 2d	Rental expenses of $818,792, fundraising expenses of $33,327, cost of good sold of $75,519, presented net within revenues, and -$1 rounding adjustment.
Schedule D, Part XII, Line 4b	Includes student financial aid of $34,408,741, revenue share of $495,250 paid to a service provider, investment fees of $1,115,072, and reclassification of intercompany revenue of ($79,581).

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule E, Part I, Line 3

The racially nondiscriminatory policy is published in the College's academic catalog, student handbook, and on the website.

Schedule E, Part I, Line 6

The College participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity Grant Program, Federal Work Study Program, Perkins Loan Program, Federal Direct Student Loans, and Teacher Education Assistance for College and Higher Education. The College also received grants from the Maryland State Department of Education, Maryland Higher Education Commission and participates in the Maryland Sellinger Program. In addition, the College was awarded sponsored research and other program grants funded by the National Science Foundation, National Institute of Health, National Endowment for the Humanities, and the US Department of Education.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Investments	Investments	$13,785,569
Central America and the Caribbean	Program Services	Tuition, room, board, & program	$60,548
East Asia and the Pacific	Program Services	Tuition, room, board, & program	$138,200
Europe (including Iceland and Greenland)	Program Services	Tuition, room, board, & program	$538,035
Middle East and North Africa	Program Services	Tuition, room, board, & program	$101,667
North America (including Canada and Mexico, but not the United States)	Program Services	Tuition, room, board, & program	$73,933
South America	Program Services	Tuition, room, board, & program	$16,757
South Asia	Program Services	Program	$6,326
Sub-Saharan Africa	Program Services	Program	$4,050

Field	Value	IRS element (for citing)
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Total Spent	$14,725,085	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc
Student Financial Aid	Europe (including Iceland and Greenland)	9	$70,975	credit to student account	$0	Cash value
Student Financial Aid	Central America and the Caribbean	2	$3,943	credit to student account	$0	Cash value
Student Financial Aid	East Asia and the Pacific	5	$24,146	credit to student account	$0	Cash value
Student Financial Aid	North America (including Canada and Mexico, but not the United States)	2	$10,500	credit to student account	$0	Cash value
Student Financial Aid	South America	2	$6,000	credit to student account	$0	Cash value

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule F, Part I, Line 2	The College provides institutional grant funds limited to need-based and merit-based assistance to its students while they participate in study abroad experiences. In general, grants are credited into the student's tuition account. Financial need is determined by subtracting the expected family contribution - as calculated on the Free Application of Federal Student Aid (FAFSA) - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid, in cooperation with the Office of Global Education.
Schedule F, Part IV, Line 1	The College, through its investment in various alternative assets, has transfers to foreign corporations during the year. The organization has transferred funds to foreign corporations through its alternative investment vehicles and will be filing Forms 926 with their Form 990T.
Schedule F, Part IV, Line 3	The College, through its investment in various alternative assets, has interests in foreign corporations. However, the College's interest in any single foreign corporation was less than 10 percent. Accordingly, the College is not required to file Form 5471.
Schedule F, Part IV, Line 4	The College, through its investment in various alternative assets and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund. In these cases, the investment manager files Form 8621 on its investors' behalf. Accordingly, the College is not required to file Form 8621.
Schedule F, Part IV, Line 5	The College, through its investment in various alternative assets, has ownership in foreign partnerships. However, the College owned less than 10% of any single foreign partnership and it did not directly or indirectly transfer greater than $100,000 to any foreign partnership. Accordingly, the College is not required to file Form 8865.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Golf Tournament	Event1Nm
Gross Receipts Event1	$24,840	GrossReceiptsEvent1Amt
Charitable Contri Event1	$18,220	CharitableContriEvent1Amt
Gross Revenue Event1	$6,620	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$124	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$3,734	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$6,149	FoodAndBeverageEvent1Amt
Entertainment Event1	$3,840	EntertainmentEvent1Amt
Other Direct Expenses Event1	$1,224	OtherDirectExpensesEvent1Amt
Event2	Jewell Robinson Dinner	Event2Nm
Gross Receipts Event2	$17,537	GrossReceiptsEvent2Amt
Charitable Contri Event2	$15,137	CharitableContriEvent2Amt
Gross Revenue Event2	$2,400	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$0	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$0	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$13,724	FoodAndBeverageEvent2Amt
Entertainment Event2	$0	EntertainmentEvent2Amt
Other Direct Expenses Event2	$4,532	OtherDirectExpensesEvent2Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$42,377	GrossReceiptsTotalAmt
Charitable Contributions Tot	$33,357	CharitableContributionsTotAmt
Gross Revenue Total Events	$9,020	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$124	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$3,734	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$19,873	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$3,840	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$5,756	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$33,327	DirectExpenseSummaryEventsAmt
Net Income Summary	-$24,307	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc
Undergraduate and graduate grants, scholarships, and discounts	1452	$34,293,177	$0	Cash Value
Prizes, awards, internships, and fellowships	304	$484,002	$0	Cash Value

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Goucher College's institutional grant funds are limited to need-based and merit-based financial assistance for attendance at the College. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Kent Devereaux
President	$337,030	$0	$0	$0	$113,381	$0	$162,250	$0	$55,777	$0	$668,438	$0	$100,000	$0
Michele Y Ewing
VP for Advancement	$235,541	$0	$0	$0	$1,026	$0	$12,286	$0	$28,219	$0	$277,072	$0	$0
Elaine Meyer-Lee
Provost	$229,143	$0	$0	$0	$1,441	$0	$11,764	$0	$18,532	$0	$260,880	$0	$0	$0
Jonathan Lindsay
VP for Enrollment Management	$196,561	$0	$0	$0	$7,950	$0	$0	$0	$19,109	$0	$223,620	$0	$0	$0
Lisa Van Riper
VP of Marketing and Communications	$179,427	$0	$0	$0	$984	$0	$5,637	$0	$23,079	$0	$209,127	$0	$0	$0
Aarika Camp
Vice President of Student Affairs	$184,648	$0	$0	$0	$642	$0	$9,400	$0	$10,080	$0	$204,770	$0	$0	$0
Erik Thompson
VP for Campus Operations	$193,398	$0	$0	$0	$878	$0	$6,129	$0	$0	$0	$200,405	$0	$0	$0
Noel Ward
Associate VP of Finance and Controller	$178,489	$0	$10,000	$0	$210	$0	$8,316	$0	$19,020	$0	$216,035	$0	$0	$0
Kristi Yowell
Associate VP for Human Resources	$170,906	$0	$10,000	$0	$216	$0	$7,766	$0	$1,500	$0	$190,388	$0	$0	$0
Daniele Bananto
Sr. Director of Information Technology App & Projects	$130,273	$0	$5,000	$0	$399	$0	$6,677	$0	$9,999	$0	$152,348	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a	A residence and limited personal services are provided for the convenience of the College and as a condition of employment. A housing allowance of $28,840 is included in the President's non-taxable compensation. The club memberships provide President Devereaux with access to conveniently located and cost-efficient spaces for meetings with donors, which may take place over meals, as well as reciprocal club spaces domestically and internationally. The University Club in New York, where many donors and trustees live, also offers a reduced price for overnight accommodations in comparison to area hotels. This club has a specific membership tier and reduced fee for college and university presidents that reflects the non-profit status of these institutions. All expenses incurred and billed to the College at these clubs are exclusively for College business. Club dues of $3,921 is included a non-taxable fringe benefit. In addition, the College provides a de minims gross-up payment to senior staff to cover the tax impact of long-term disability insurance.
Schedule J, Part I, Line 4	The College provides a deferred compensation plan (the Plan) pursuit to 457(f) of the Internal Revenue Code of 1986, as amended, for the benefit of the President. The Plan provides additional compensation for his continued service, by the payment of a deferred compensation amount. The amount, as provided under his contract, is credited to an account on July 1, accrues interest monthly. Amounts accrued through June 30, 2023 was payable in September following the fiscal year end. Beginning July 1, 2023, amounts accrued are payable in September 2027. The amount vests as of the payment date, and is forfeited in the event of voluntarily termination of employment, or termination for cause. Johnathan Lindsay, the former VP for Enrollment Management, received $36,008 in severance during 2024.
Schedule J, Part I, Line 7	In calendar year 2023, the College paid appreciation and retention bonus to three individuals that led the system implementation of the Workday Platform for HCM, Finance and Payroll. The bonus was an acknowledgement of their leadership and the additional responsibilities assumed during the implementation.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Business Name Line2IssuerName/BusinessNameLine2Txt	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
MD Health and Higher Educational Facilities Authority
A	Goucher College Issue Series 2017A	520936091	5742182H5	2017-06-20	$60,565,232	Refund MHHEFA Series 2012A and 2017B bonds and finance certain capital projects	0	0	0
MD Health and Higher Educational Facilities Authority
B	Series 2022	520936091		2022-08-01	$48,854,000	Refunding the refunded bonds and financing and refinancing the 2022 Project	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$1,860,000	$0	$60,565,232	$1,122,458	$0	$0	$1,068,599	$0	$0	$0	$60,488,631	$0	2017	Yes (1)	0	Yes (1)	Yes (1)
B	$0	$0	$53,466,796	$0	$0	$0	$0	$0	$0	$4,263,287	$40,367,196	$4,612,796		Yes (1)	0	0	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	Yes (1)	Yes (1)	0	0	0	0	0	0	Yes (1)
B	0	0	Yes (1)	Yes (1)	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	Yes (1)	0	0	0	0	Yes (1)
B	0	Yes (1)	0	0	Yes (1)	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3-08/01/2022 48,854,000 MD Health and Higher Educational Facilities Author	Total proceeds of issue includes interest
Schedule K, Part IV, Line 2c-06/20/2017 60,565,232 MD Health and Higher Educational Facilities Autho	06/20/2017 60,565,232 MD Health and Higher Educational Facilities Autho - Hilltop Securities prepared Goucher College's MHHEFA Series 2017A rebate calculation as of 10/26/21 and determined no rebate was due.

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	policy	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	24	ContributionCnt
Noncash Contributions Rpt F990	$458,780	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Horse	Desc
Contribution	6	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	policy	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	6	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule M, Part I	The number reported in column (b) represents the number of items contributed, except for line 9 - securities, where all securities donated on one day by the same donor were counted as one contribution.
Schedule M, Part I, Line 33	It is the policy of the College to record works of art, books, horses and other non-cash gifts received at a book value of zero.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	After review by the Audit and Risk Committee, the complete Form 990 and Form 990T were distributed electronically to all members of the Board of Trustees for a period of review and comment lasting 7 days. At the conclusion of the period of comment and review, a meeting of the Audit and Risk Committee of the Board of Trustees was convened to review and revise (if necessary) Form 990 and 990T. The Forms were approved for Filing by the Audit and Risk Committee of the Board of Trustees on May 5, 2025.
Form 990, Part VI, Section B, Line 12c	Every trustee, officer and key employee is provided a copy of the Conflict-of-Interest Policy annually and required to complete an annual disclosure form reporting any known material financial or other interest of the trustee, officer or key employee or a family member in any transaction or business relationship the College has or is considering, including material financial or other interests in any outside entity involved in such transaction or relationship. The CFO and/or Director of Risk Management, Insurance & Contracts reviews the disclosure forms and reports any disclosures to the Audit and Risk Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure and these actions are implemented by the CFO and/or Director of Risk Management, Insurance & Contracts. The policy directs the committee to review and update the list of the key employees, and the policy itself is reviewed on a regular basis and revised as necessary.
Form 990, Part VI, Section B, Line 15	Goucher College uses the median of relevant national markets to determine salary for positions. The national comparison market was established based on institution type (private, not-for-profit Baccalaureate: Arts & Science Focus institutions in the U.S.), total enrollment (750 - 2,500), total expenses ($50M - $125M), total FTE (300-750), and Degree of Urbanization (excludes rural institutions). After conducting a geographic analysis on cost of labor, the College applied a 5% premium to account for the Baltimore cost of labor difference against the U.S. average for all positions. For staff positions, the median of the market for private, independent colleges using CUPA-HR salary survey data was used, along with two general industry salary surveys, Comp Analyst and Willis Towers Watson. For faculty positions, the median of the market for private, independent colleges using CUPA-HR salary survey data was used based on rank and discipline as defined by the four-digit Classification net of Instructional Programs (CIP) code; two-digit codes were used when four-digit data was not available. This compensation philosophy was discussed and agreed to by the President's Cabinet. A Presidential performance review form is used by the Board to evaluate the president's performance. A copy of the report is maintained by the Associate Vice President for Human Resources.
Form 990, Part VI, Section C, Line 19	The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Some policies are also available on the College website.
Form 990, Part XI, Line 9	Change in the fair value of interest rate swap agreement $874,938 and other rounding adjustment -$552.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
Pooled Income Fund (2)
1021 Dulaney Valley Road	Baltimore	MD	21204	Annuity	MD	N/A	T	0
Charitable Remainder Unitrust (3)
1021 Dulaney Valley Road	Baltimore	MD	21204	Annuity	MD	N/A	T	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	Charitable Remainder Unitrust (3)	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	s	TransactionTypeTxt
Involved	$406,481	InvolvedAmt
Method Of Amount Determination	Cash received.	MethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule R, Part V, Line 1s	FormAndLineReferenceDesc
Explanation	The College received proceeds of $406,481 upon the termination of 1 Charitable remainder trust.	ExplanationTxt