2025-05-15T09:29:56-05:00 2024-06-30 420714325 RSM US LLP 4 TIMES SQUARE NEW YORK NY 10036 990 2023-07-01 042103638 WHEATON COLLEGE WHEA 5082868200 26 EAST MAIN STREET NORTON MA 02766 ROGER STACKPOOLE VICE PRESIDENT FINANCE & ADMIN 5082868200 2025-05-15 1 0 LYNNE JOHNSON P00757336 2123721000 2023 2025-03-06 01:10:19Z ROGER STACKPOOLE 26 EAST MAIN STREET NORTON MA 02766 172179856 0 X HTTPS://WHEATONCOLLEGE.EDU X 1834 MA WHEATON COLLEGE PROVIDES A TRANSFORMATIVE LIBERAL ARTS EDUCATION, COMBINING THEORY AND PRACTICE, FOR INTELLECTUALLY CURIOUS STUDENTS WITHIN A COLLABORATIVE AND VIBRANT EXTENDED COMMUNITY AND NETWORK THAT VALUES AND STRIVES TO CREATE AN EQUITABLE AND JUST WORLD. 34 33 1565 455 336953 3480 18645184 11722122 121231811 130041938 12764869 7335716 1608228 1239216 154250092 150338992 67914103 74214186 0 0 47888775 47670675 0 0 2891194 43575564 45332137 159378442 167216998 -5128350 -16878006 438679115 446033897 97600946 96578297 341078169 349455600 WHEATON COLLEGE PROVIDES A TRANSFORMATIVE LIBERAL ARTS EDUCATION, COMBINING THEORY AND PRACTICE, FOR INTELLECTUALLY CURIOUS STUDENTS WITHIN A COLLABORATIVE AND VIBRANT EXTENDED COMMUNITY AND NETWORK THAT VALUES AND STRIVES TO CREATE AN EQUITABLE AND JUST WORLD. 0 0 151346862 74214186 130475197 TO PROVIDE A TRANSFORMATIVE LIBERAL ARTS EDUCATION, COMBINING THEORY AND PRACTICE, FOR INTELLECTUALLY CURIOUS STUDENTS WITHIN A COLLABORATIVE AND VIBRANT EXTENDED COMMUNITY AND NETWORK THAT VALUES AND STRIVES TO CREATE AN EQUITABLE AND JUST WORLD. 151346862 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 248 0 1 1565 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X SARAH LANGIS 5082868200 26 EAST MAIN STREET NORTON MA 02766 MICHAELE WHELAN PRESIDENT AND EX OFFICIO TRUSTEE 40.00 0.00 X X 501545 0 71804 KENNETH BABBY TRUSTEE 2.00 0.00 X 0 0 0 ALLISON BAILEY TRUSTEE 2.00 0.00 X 0 0 0 ANSON M BEARD JR TRUSTEE 2.00 0.00 X 0 0 0 BARBARA BRITTINGHAM TRUSTEE 2.00 0.00 X 0 0 0 SHARON CALLAHAN-MILLER TRUSTEE 2.00 0.00 X 0 0 0 PRISCILLA CAREY TRUSTEE 2.00 0.00 X 0 0 0 NANCY CARLSON TRUSTEE 2.00 0.00 X 0 0 0 MARYANN E CARROLL TRUSTEE 2.00 0.00 X 0 0 0 SUE CURRAN TRUSTEE 2.00 0.00 X 0 0 0 HENRIETTA GATES TRUSTEE 2.00 0.00 X 0 0 0 CECILIA GREENE TRUSTEE 2.00 0.00 X 0 0 0 INDIRA HENARD TRUSTEE 2.00 0.00 X 0 0 0 CHERYL KEAMY TRUSTEE 2.00 0.00 X 0 0 0 PATRICIA KING TRUSTEE 2.00 0.00 X 0 0 0 TONY LAING TRUSTEE 2.00 0.00 X 0 0 0 PAULA LALIBERTE TRUSTEE 2.00 0.00 X 0 0 0 RYAN O LETADA TRUSTEE 2.00 0.00 X 0 0 0 ANDREW LOUNDER TRUSTEE 2.00 0.00 X 0 0 0 KENDRA MALLOY TRUSTEE 2.00 0.00 X 0 0 0 ADRIENNE B MARS TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER B PAQUET TRUSTEE 2.00 0.00 X 0 0 0 KAREN L PFEIL TRUSTEE 2.00 0.00 X 0 0 0 MARCUS RELTHFORD TRUSTEE 2.00 0.00 X 0 0 0 KATHYRN SCHNEIDER EX OFFICIO TRUSTEE, PRESIDENT OF ALUMNI BOARD 2.00 0.00 X 0 0 0 AUSTIN SIMKO TRUSTEE 2.00 0.00 X 0 0 0 DIANA D SPENCER TRUSTEE 2.00 0.00 X 0 0 0 SUZANNE SYZMANSKI TRUSTEE 2.00 0.00 X 0 0 0 JOHN C TALANIAN TRUSTEE 2.00 0.00 X 0 0 0 CHERYL VEDOE TRUSTEE 2.00 0.00 X 0 0 0 CORNELIA C WAREHAM TRUSTEE 2.00 0.00 X 0 0 0 ELENA WONG TRUSTEE 2.00 0.00 X 0 0 0 JANET L LEBOVITZ TRUSTEE, BOARD CHAIR 2.00 0.00 X X 0 0 0 KIRK KOLENBRANDER TRUSTEE, BOARD VICE CHAIR 2.00 0.00 X X 0 0 0 ROGER STACKPOOLE VP FOR FIN ADMINISTRATION/BOARD TREASURER 40.00 0.00 X 324119 0 82435 WALTER CAFFEY VP ENROLLMENT DEAN OF ADMISSION & STUDENT AID 40.00 0.00 X 239906 0 53673 MERRITT CROWLEY VP FOR COLLEGE ADVANCEMENT 40.00 0.00 X 232499 0 28835 DARNELL PARKER VP FOR STUDENT AFFAIRS & DEAN OF STUDENTS 40.00 0.00 X 196618 0 26098 SUSAN ROBINSON VP FOR MARKETING & COMMUNICATIONS 40.00 0.00 X 184086 0 231 KAREN MCCORMACK INTERIM PROVOST 40.00 0.00 X 162309 0 10516 PAMELA VAZ BOARD SECRETARY 40.00 0.00 X 71325 0 32682 JEFFREY CUTTING ASSOCIATE VP OF ENROLLMENT 40.00 0.00 X 167936 0 42207 JOSEPH LACASCIO AVP CISO INFORMATION TECHNOLOGY SERVICES 40.00 0.00 X 174070 0 25528 GAVIN VIANO ASSOCIATE VP FOR ATHLETICS & RECREATION 40.00 0.00 X 176425 0 12594 LEANNA LAWTER BUSINESS AND ECONOMICS CHAIR 40.00 0.00 X 160983 0 38656 OMAIRA ROY ASSOCIATE VP OF HUMAN RESOURCES 40.00 0.00 X 168203 0 15295 ZACHARY IRISH ASSOC VP FOR STUD. AFFAIRS/FORMER DEAN OF STUD. 40.00 0.00 X 123480 0 82785 TOUBA GHADESSI FORMER INTERIM PROVOST VP OF ACADEMIC AFFAIRS 0.00 0.00 X 144644 0 23721 3028148 0 547060 62 1 1 0 ARAMARK 1101 MARKET STREET PHILADELPHIA PA 19107 DINING SERVICES 6379960 CRYAN LANDSCAPING CONTRACTORS INC 41 WALTON STREET ATTLEBORO MA 02703 LANDSCAPING SERVICES 1228865 SECURITAS SECURITY SERVICES USA INC 225 WATER ST STE B110 PLYMOUTH MA 02360 SECURITY CONTRACTING 957185 HELIN INC 817 NE 6TH AVENUE CAPE CORAL FL 33909 LIBRARY DATABASE SERVICES 741769 ARCH PAINTING INC 1 PRESIDENTIAL WAY 109 WOBURN MA 01801 PAINTING SERVICES 517596 34 21035 667334 11033753 1295829 11722122 TUITION AND FEES 611310 106403866 106403866 ROOM AND BOARD 611310 23399962 23399962 EDUCATION DEPARTMENT 611310 238110 238110 130041938 7521204 116411 7404793 354278 354278 401459 88521 312938 312938 312938 21176402 21712697 3471 -536295 -3471 -539766 -539766 53725 21035 36175 17550 17550 CONFERENCE AND EVENTS 711300 348919 128377 220542 STUDENT PARKING PERMIT 812930 131505 131505 AUXILIARY FEES 611310 97418 9306 88112 330886 330886 908728 150338992 130510507 336953 7769410 71748084 71748084 2466102 2466102 2096239 884969 680757 530513 35337737 31392582 2899385 1045770 1557261 1380347 128374 48540 6003394 5215199 551129 237066 2676044 2311968 253341 110735 99793 99793 181214 181214 17270 17270 2466959 2120365 346594 11009718 9774434 899879 335405 723024 699100 13452 10472 717882 456296 232858 28728 2330758 1158282 1022005 150471 4520288 4288087 232201 1014329 947721 29267 37341 320121 154666 10278 155177 3269128 3269128 10058144 9742349 298440 17355 991667 991667 REPAIRS AND MAINTENANCE 1875672 1824594 41427 9651 GLOBAL PROGRAMMING 1850752 1850752 ENTM'T, EVENTS, & MEALS 1466789 552674 772319 141796 LIBRARY & SUBSCRIPTIONS 825224 817101 764 7359 1593405 569523 999067 24815 167216998 151346862 12978942 2891194 5990352 4178355 15006191 16281234 4792830 3506282 2396716 1725938 779981 477185 1465125 1857936 284849072 155272685 134765943 129576387 141399722 150489451 120897392 128662119 11184863 9279010 438679115 446033897 7732837 8423446 1078044 987296 84955438 59425674 24143360 3834627 3598521 97600946 96578297 X 110651194 105403290 230426975 244052310 341078169 349455600 438679115 446033897 -16878006 25255437 0 X 0 1 X 1 1 1 X 16742945 28370266 35952466 18645184 11722122 111432983 16742945 28370266 35952466 18645184 11722122 111432983 10060090 101372893 4492081 2845277 3592221 4653830 8160530 23743939 1367314 195206 501952 209237 4548 2278257 689487 78397 137326 258653 308652 1472515 138927694 595025631 0.72970 0.73680 X SCHEDULE A, PART I, LINE 7: THE BASIS OF WHEATON COLLEGE'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATIONS AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART 1 AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. SCHEDULE A, PART I, LINE 10: THE AMOUNT ON LINE 10 INCLUDES FUNDRAISING INCOME, AUXILIARY FEES, AND STUDENT PARKING PERMIT INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 17270 17270 0 PART II-B, LINE 1: THE AMOUNT ON LINE 1I REFLECTS MEMBERSHIP DUES PAID TO MEMBER ORGANIZATIONS, INCLUDING NACUBO AND AICUM, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES IN CONNECTION WITH ISSUES THAT IMPACT HIGHER EDUCATION. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTED TO LOBBYING ACTIVITIES. THE COLLEGE DOES NOT DIRECTLY PARTICIPATE IN THESE LOBBYING ACTIVITIES. 836993 X X 0 256218480 2796918 30824842 6271740 8304196 2466959 272797345 241464278 9374796 22035661 6177509 7712675 2766071 256218480 266877707 8003560 -18699979 4752319 6689460 3275231 241464278 210646508 8605089 66034098 5523061 7278463 5606464 266877707 212982445 5127436 6340842 4289797 6416640 3097778 210646508 0.17710 0.80245 0.02045 0 0 3030698 3030698 245426553 127778803 117647750 20220011 15357403 4862608 16171810 12136479 4035331 129576387 HEDGED EQUITY - DEVELOPING AND EMERGING 45802733 F MULTI-STRATEGY 43269675 F PRIVATE EQUITY 23711370 F REAL PROPERTY 10746347 F DOMESTIC AND INTERNATIONAL EQUITY 1876447 F FIXED INCOME 1562225 F REAL ESTATE 842500 F OTHER 850822 F 128662119 ANNUITY AND LIFE INCOME OBLIGATIONS 1175065 GOVERNMENT ADVANCES FOR STUDENT LOANS 313425 ASSET RETIREMENT OBLIGATIONS 2110031 3598521 X 99449065 25255437 -76270060 -51014623 150463688 -124696 -124696 150338992 91071634 124696 124696 90946938 2466959 73803101 76270060 167216998 PART III, LINE 4: THE COLLEGE'S COLLECTION ITEMS INCLUDE RARE BOOKS, HISTORICAL ARTIFACTS AND ART WORK THAT ARE USED FOR SCHOLARLY RESEARCH, PUBLIC EXHIBITIONS, AND TO DOCUMENT THE HISTORY OF THE COLLEGE. PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS PROVIDE INCOME AND SUPPORT FOR THE FURTHERANCE OF THE EDUCATIONAL MISSION OF THE COLLEGE IN ACCORDANCE WITH THE DONORS' INTENTIONS. THE MAJORITY OF THE DONOR RESTRICTED ENDOWMENT IS HELD FOR SCHOLARSHIP, TEACHING, AND PROGRAM EXPENSES. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT EXPENSES NETTED WITH REVENUE -2,466,959. SCHOLARSHIPS AND GRANTS NETTED WITH REVENUE -73,803,101. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -36,175. RENTAL EXPENSES REPORTED ON FORM 990, PART VII, LINE 6B -88,521. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 36,175. RENTAL EXPENSES REPORTED ON FORM 990, PART VII, LINE 6B 88,521. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS NETTED WITH REVENUE 73,803,101. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WHEATON COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM THE NORTHEAST REGION OF THE UNITED STATES, AS WELL AS FROM MANY OTHER U.S. STATES AND TERRITORIES AND MORE THAN 40 FOREIGN COUNTRIES. THE COLLEGE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS AND ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. THE COLLEGE'S WEBSITE INCLUDES A SECTION DEDICATED TO THE COLLEGE'S DIVERSITY AND INCLUSION STRATEGIC PLAN, VISION, AND MISSION STATEMENT. SCHEDULE E, PART I, LINE 2: WHEATON COLLEGE IS COMMITTED TO THE PRINCIPLES OF EQUAL OPPORTUNITY AS DEFINED UNDER FEDERAL AND STATE LAW. THE COLLEGE'S NOTICE OF NONDISCRIMINATION IS AVAILABLE ON ITS WEBSITE AT HTTPS://WHEATONCOLLEGE.EDU/POLICIES/EQOPP/ AND REFERENCED ON ITS ADMISSION WEBPAGES. SCHEDULE E, PART I, LINE 6: STUDENTS RECEIVE FINANCIAL AID FROM STATE AND FEDERAL AGENCIES BASED ON PREDETERMINED FINANCIAL AND SCHOLASTIC GUIDELINES CONSISTENT WITH THE COLLEGE'S EDUCATIONAL MISSION. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 94198458 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 95381 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 61934 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 141059 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCE/EVENTS 2040 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 239050 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 5912888 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 1184976 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES FACULTY RESEARCH 4657 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONFERENCE/EVENTS 3332 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING ADMISSIONS 55 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 1929821 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCE/EVENTS 11 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 30000 SOUTH AMERICA 0 0 GRANTMAKING 51400 SOUTH AMERICA 0 0 PROGRAM SERVICES FACULTY RESEARCH 49570 SOUTH AMERICA 0 0 PROGRAM SERVICES ADMISSIONS 343 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD 45310 SOUTH ASIA 0 0 PROGRAM SERVICES ADMISSIONS 6415 SOUTH ASIA 0 0 GRANTMAKING 125500 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 24950 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 54139 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES FACULTY RESEARCH 5342 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVIES FACULTY RESEARCH 690 0 0 0 0 0 0 101835786 2331535 104167321 SCHOLARSHIPS TO STUDENTS EUROPE 81 1929821 TUITION OFFSET FMV SCHOLARSHIPS TO STUDENTS EAST ASIA AND THE PACIFIC 12 239050 TUITION OFFSET FMV SCHOLARSHIPS TO STUDENTS SOUTH AMERICA 2 51400 TUITION OFFSET FMV SCHOLARSHIPS TO STUDENTS SOUTH ASIA 6 125500 TUITION OFFSET FMV SCHOLARSHIPS TO STUDENTS SUB-SAHARAN AFRICA 1 24950 TUITION OFFSET FMV SCHOLARSHIPS TO STUDENTS CENTRAL AMERICA AND THE CARIBBEAN 4 90650 TUITION OFFSET FMV COMMUNITY SERVICE GRANT CENTRAL AMERICA AND THE CARIBBEAN 1 4731 WIRE FMV 1 0 1 1 0 0 PART I, LINE 2: THE COLLEGE IS COMMITTED TO MAKING STUDY ABROAD PROGRAMS AVAILABLE TO AS WIDE A RANGE OF STUDENTS AS POSSIBLE. AS A RESULT, THE NUMBER OF WHEATON STUDENTS WHO STUDY ABROAD IS CONSISTENTLY HIGH. STUDENTS GENERALLY PAY THE COLLEGE ITS TUITION WITH OFFSETTING SCHOLARSHIPS PROVIDED IN ACCORDANCE WITH STANDARD COLLEGE FINANCIAL AID POLICIES AND PROCEDURES. THE COLLEGE PAYS THE FOREIGN SCHOOL'S TUITION TO PROVIDE INSTRUCTION. PART I, LINE 3: THE STUDY ABROAD PROGRAMS ARE SEPARATELY TRACKED IN THE COLLEGE'S GENERAL LEDGER SYSTEM BY ACTIVITY AND THE AMOUNTS REPRESENT TUITION PAYMENTS FOR STUDENTS AND FACULTY LIAISONS REFLECTED IN COLUMN (F). THE ADMISSIONS RECRUITING, FUNDRAISING AND FACULTY RESEARCH AMOUNTS ARE TRACKED PRIMARILY USING THE COLLEGE'S CREDIT CARD SYSTEM AND REPRESENT TRAVEL, MEALS AND LODGING COSTS FOR COLLEGE EMPLOYEES CONDUCTING BUSINESS IN THESE REGIONS. ALL EXPENSES ARE UNDER THE ACCRUAL METHOD OF ACCOUNTING. GOLF TOURNAMENT 74760 21035 53725 20510 9776 5889 74760 21035 53725 20510 9776 5889 36175 17550 1 SCHOLARSHIPS TO STUDENTS 1741 0 71358954 FMV REDUCTION OF STUDENT BALANCE FOR TUITION OWED TO THE COLLEGE FELLOWSHIP-STIPEND 150 389130 PART I, LINE 2: THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES IS RESPONSIBLE FOR AWARDING AND MONITORING ALL GRANTS, LOANS, AND WORK ASSISTANCE. MORE THAN 95% OF WHEATON'S STUDENTS RECEIVE SOME FORM OF FINANCIAL AID AND ALL STUDENTS WHO DEMONSTRATE NEED RECEIVE AID. FINANCIAL ASSISTANCE AT WHEATON IS AWARDED ON THE BASIS OF DEMONSTRATED NEED AND ACADEMIC PERFORMANCE. "NEED" IS DETERMINED BY THE FINANCIAL INFORMATION THAT A STUDENT (AND THEIR PARENT, IF APPLICABLE) PROVIDES ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THIS FORM CAPTURES THE DATA REQUIRED TO DETERMINE ELIGIBILITY BASED ON FEDERAL AND/OR STATE REGULATIONS AND INSTITUTIONAL FUND ELIGIBILITY GUIDELINES. A NEED-BASED PACKAGE MAY INCLUDE A MERIT SCHOLARSHIP, GRANTS, LOANS, AND WORK AWARD. WHEN FUNDS ARE AWARDED, STUDENT ELIGIBILITY IS MONITORED THROUGH THE COLLEGE'S OPERATIONAL SYSTEM FINANCIAL AID MODULE TO ENSURE THERE ARE NO CHANGES IN STATUS THAT MIGHT AFFECT THEIR ONGOING ELIGIBILITY. TOTAL GRANT FUNDS AWARDED ARE TRACKED TO ENSURE COMPLIANCE WITH BUDGETED AMOUNTS. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 MICHAELE WHELAN PRESIDENT AND EX OFFICIO TRUSTEE 472164 0 0 0 29381 0 25900 0 45904 0 573349 0 0 0 ROGER STACKPOOLE VP FOR FIN ADMINISTRATION/BOARD TREASURER 322674 0 0 0 1445 0 23100 0 59335 0 406554 0 0 0 WALTER CAFFEY VP ENROLLMENT DEAN OF ADMISSION & STUDENT AID 232362 0 6000 0 1544 0 17136 0 36537 0 293579 0 0 0 MERRITT CROWLEY VP FOR COLLEGE ADVANCEMENT 231549 0 0 0 950 0 16368 0 12467 0 261334 0 0 0 DARNELL PARKER VP FOR STUDENT AFFAIRS & DEAN OF STUDENTS 196430 0 0 0 188 0 14433 0 11665 0 222716 0 0 0 JEFFREY CUTTING ASSOCIATE VP OF ENROLLMENT 166394 0 1200 0 342 0 12131 0 30076 0 210143 0 0 0 ZACHARY IRISH ASSOC VP FOR STUD. AFFAIRS/FORMER DEAN OF STUD. 122194 0 1200 0 86 0 9100 0 73685 0 206265 0 0 0 LEANNA LAWTER BUSINESS AND ECONOMICS CHAIR 142167 0 1000 0 17816 0 10710 0 27946 0 199639 0 0 0 JOSEPH LACASCIO AVP CISO INFORMATION TECHNOLOGY SERVICES 171520 0 1200 0 1350 0 12250 0 13278 0 199598 0 0 0 GAVIN VIANO ASSOCIATE VP FOR ATHLETICS & RECREATION 175000 0 1200 0 225 0 12250 0 344 0 189019 0 0 0 SUSAN ROBINSON VP FOR MARKETING & COMMUNICATIONS 183831 0 0 0 255 0 0 0 231 0 184317 0 0 0 OMAIRA ROY ASSOCIATE VP OF HUMAN RESOURCES 166680 0 1200 0 323 0 11775 0 3520 0 183498 0 0 0 KAREN MCCORMACK INTERIM PROVOST 162000 0 0 0 309 0 10380 0 136 0 172825 0 0 0 TOUBA GHADESSI FORMER INTERIM PROVOST VP OF ACADEMIC AFFAIRS 144452 0 0 0 192 0 11835 0 11886 0 168365 0 0 0 PART I, LINE 1A A DISCRETIONARY FUND WAS ESTABLISHED BY THE TRUSTEES UPON PRESIDENT WHELAN'S HIRE. SOLICITATION OF THE TRUSTEES FOR CONTRIBUTIONS TO THIS FUND OCCURRED DURING FALL OF 2021 AND THE CONTRIBUTIONS WERE MADE BY THE TRUSTEES THROUGH THE OFFICE OF ADVANCEMENT AT A TIME DETERMINED BY THE TRUSTEE. THIS DISCRETIONARY FUND HAS BEEN USED FOR STRATEGIC INITIATIVES OF THE COLLEGE AND NOT FOR PERSONAL EXPENSES. THE PRESIDENT (MICHAELE WHELAN), THE VP FOR FINANCE & ADMINISTRATION (ROGER STACKPOOLE), AND ASSOCIATE VICE PRESIDENT OF STUDENT AFFAIRS AND FORMER INTERIM DEAN OF STUDENTS (ZACHARY IRISH) ARE PROVIDED WITH HOUSING, INCLUDING MAINTENANCE OF SUCH SPACE, FOR THE CONVENIENCE OF THE EMPLOYER ON THE COLLEGE'S PREMISES. SHOULD MAINTENANCE OCCUR WITHIN THE PERSONAL SPACE, THE VALUE IS TAXED ACCORDINGLY. THE VALUE OF THE PERSONAL SPACE WITHIN THE HOUSING IS INCLUDED AS A NONTAXABLE BENEFIT ON SCHEDULE J, PART II, COLUMN (D). PART I, LINE 7 DURING CALENDAR YEAR 2023, ALL EMPLOYEES EXCLUDING OFFICERS WERE ELIGIBLE TO RECEIVE A ONE-TIME PAYMENT BONUS REFLECTIVE OF THEIR ANNUAL PERFORMANCE EVALUATIONS. THE EXECUTIVE COMMITTEE APPROVED A ONE-TIME BONUS TO AN OFFICER OF THE COLLEGE IN RECOGNITION OF STRONG PERFORMANCE AND SERVICE TO THE COLLEGE. NO BONUS WAS CALCULATED BY A FIXED FORMULA OR DETERMINED BY A CONTRACTUAL AGREEMENT. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57584X5L1 2017-12-21 64601213 (SEE CONTINUATION FOR SCHEDULE K, PART I) 1 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57584YK32 2021-03-18 16058372 RENOVATION OF ACADEMIC BUILDING 0 0 0 A 18595000 10000000 64601213 2398062 435910 30115713 31651528 2020 1 1 1 1 B 16058372 862981 162183 15012279 20929 2023 0 0 0 1 A 0 0 0 0 0.00000 0.01000 0.01000 0 0 1 B 0 0 0 0 0.00000 0.01200 0.01200 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I: REFUNDING OF 2010 SERIES F & 2014 SERIES G-2 BONDS & CONSTRUCTION OF RESIDENCE HALL. SCHEDULE K, PART IV, LINE 2C - COLUMN (A): THE COMPUTATIONS WERE PERFORMED FOR THE JUNE 30, 2022 COMPUTATION DATE. SCHEDULE K, PART IV, LINE 2C - COLUMN (B): THE COMPUTATIONS WERE PERFORMED FOR THE JUNE 30, 2025 COMPUTATION DATE. X 47 1295829 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES IS BASED ON THE NUMBER OF GIFTS OF SECURITIES RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM APPOINTED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IT IS PREPARED WITH INFORMATION PROVIDED BY THE FINANCE OFFICE OF THE COLLEGE AND REVIEWED BY THE CONTROLLER AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE FIRST DRAFT (EXCLUDING SCHEDULE B) IS REVIEWED BY THE AUDIT COMMITTEE AND ANY CHANGES ARE INCORPORATED INTO THE FINAL DRAFT. THE FINAL DRAFT (EXCLUDING SCHEDULE B) IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES VIA THEIR SECURE WEBSITE FOR FINAL REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS OF THE COLLEGE ARE COVERED IN THE WHEATON COLLEGE CONFLICT OF INTEREST POLICY FOR TRUSTEES AND OFFICERS. THE POLICY AND CONFLICT OF INTEREST DISCLOSURE STATEMENT IS SENT TO ALL OFFICERS AND TRUSTEES ON AN ANNUAL BASIS. THE COMPLETED FORMS ARE REVIEWED BY THE CHAIR OF THE BOARD OF TRUSTEES, THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AND THE PRESIDENT TO DETERMINE IF AN ACTUAL CONFLICT EXISTS. OFFICERS AND TRUSTEES ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON ANY MATTERS WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS COMPOSED OF INDEPENDENT MEMBERS AND ESTABLISHES COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS TO ENSURE THAT THE INTERNAL REVENUE CODE PROVISION FOR "REBUTTABLE PRESUMPTION OF REASONABLENESS" IS MET AND "INTERMEDIATE SANCTIONS" ARE NOT INCURRED. THE EXECUTIVE COMMITTEE OBTAINS AND RELIES UPON APPROPRIATE DATA REGARDING COMPARABILITY OF THE COMPENSATION PACKAGE PRIOR TO MAKING ITS DETERMINATION. APPROPRIATE DATA INCLUDES COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, INDEPENDENT COMPENSATION SURVEYS BY NATIONALLY RECOGNIZED INDEPENDENT FIRMS, AND WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE INDIVIDUAL. THE EXECUTIVE COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATIONS INCLUDING: THE TERMS OF THE APPROVED TRANSACTION AND DATE APPROVED, THE MEMBERS OF THE COMMITTEE PRESENT DURING THE DISCUSSIONS, AND THE DATA OBTAINED AND RELIED UPON. FORM 990, PART VI, SECTION C, LINE 19 THE EMPLOYEE CONFLICT OF INTEREST POLICY IS CONTAINED IN THE STAFF HANDBOOK, WHICH IS POSTED TO THE COLLEGE'S HUMAN RESOURCES WEBPAGE AND AVAILABLE TO THE PUBLIC. THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE POSTED TO THE COLLEGE'S FINANCE WEBSITE, WHICH IS AVAILABLE TO THE PUBLIC. IN ADDITION, THE FORM 990 AND THE AUDITED FINANCIALS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE GOVERNING DOCUMENTS AND THE TRUSTEE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. POOLED INCOME FUND POOL INCOME FUND MA WHEATON COLLEGE 1 PERPETUAL TRUST PERPETUAL TRUST MA WHEATON COLLEGE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1