2023-05-11T14:16:10-05:00 2022-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2021-07-01 236002304 CORPORATION OF HAVERFORD COLLEGE CORP 6108961223 370 LANCASTER AVENUE HAVERFORD PA 190411392 NICO WASHINGTON VP ADMIN/FINANCE 6108961223 2023-05-10 1 NICO WASHINGTON 999009999 CRAIG KLEIN P00734640 6177610600 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z HAVERFORD COLLEGE WENDY E RAYMOND 370 LANCASTER AVENUE HAVERFORD PA 190411392 204004928 0 X WWW.HAVERFORD.EDU X 1833 PA LEADING LIBERAL ARTS COLLEGE KNOWN FOR: ACADEMIC RIGOR, HONOR CODE & A BEAUTIFUL ARBORETUM CAMPUS 31 30 2065 821 645285 21695 19224122 21738511 93556522 112358184 26919148 38564271 34799 19709 139734591 172680675 31417504 37375308 0 0 63514122 65424619 0 49500 4031216 40628643 48734222 135560269 151583649 4174322 21097026 893638938 858346728 174070365 164381373 719568573 693965355 X HAVERFORD COLLEGE IS COMMITTED TO PROVIDING A LIBERAL ARTS EDUCATION IN THE BROADEST SENSE. THIS EDUCATION, BASED ON A RICH ACADEMIC CURRICULUM AT ITS CORE, IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE AND A CONCERN FOR INDIVIDUAL GROWTH. HAVERFORD HAS CHOSEN TO REMAIN SMALL AND FOSTER A CLOSE STUDENT/FACULTY RELATIONSHIP TO ACHIEVE THESE OBJECTIVES. THE COLLEGE'S RIGOROUS ACADEMIC PROGRAM IS FLEXIBLE IN FORM AND CONTENT TO MEET THE NEEDS OF INDIVIDUAL STUDENTS, AND RESTS ON THE ASSUMPTION THAT THE ABLE STUDENTS WHO COME HERE WILL USE THEIR CAPABILITIES FULLY. HAVERFORD'S FACULTY ARE NOTED FOR STRENGTH IN BOTH SCHOLARSHIP AND TEACHING, AND ITS MEMBERS EXPECT TO TRANSMIT TO STUDENTS THEIR ENTHUSIASM AND HIGH STANDARDS. THE FACULTY MEMBERS ARE TEACHING AT AN UNDERGRADUATE COLLEGE OF ARTS AND SCIENCES BY CHOICE, AND THEY EXPECT TO LEARN, AS WELL AS TEACH, IN THE CLOSE RELATIONSHIP WITH UNDERGRADUATES. 0 0 90007809 37375308 88908654 THE COLLEGE'S ACADEMIC RELATED EXPENDITURES INCLUDE INSTRUCTION (UNDERGRADUATE LIBERAL ARTS), ACADEMIC SUPPORT, FINANCIAL AID, AND RESEARCH. THESE EXPENSES SUPPORTED 1,490 STUDENT FTE AND 173.7 FACULTY FTE. THE COLLEGE CONFERRED 304 DEGREES IN 21/22. RESEARCH STIPENDS TOTALING $705,838 WERE AWARDED TO 286 STUDENTS. THE MAJORITY OF RESEARCH AWARDS ARE IN THE NATURAL SCIENCES. FEDERAL FUNDS SUPPORTED 32 SPONSORED PROJECTS. OTHER SUPPORT COMES FROM PRIVATE FOUNDATIONS, DONOR DESIGNATED FUNDS, AND INTERNALLY DESIGNATED (UNRESTRICTED) FUNDS. THE COLLEGE ALSO SPENT FUNDS ON FINANCIAL AID: HAVERFORD COLLEGE SCHOLARSHIPS TOTALING $34,184,605 WERE AWARDED TO 653 STUDENTS AND FSEOG AWARDS TOTALING $202,469 WERE RECEIVED BY 108 STUDENTS. 22833998 21939778 AUXILIARY ENTERPRISES (DORMS, DINING CENTER, FACULTY HOUSING, AND CONFERENCE PROGRAMS). HAVERFORD IS A RESIDENTIAL INSTITUTION WHERE MOST OF THE STUDENT BODY LIVE ON CAMPUS AND ACTIVELY PARTICIPATE IN CAMPUS LIFE. THE DORMS HOUSED AN AVERAGE OF 1,292 STUDENTS AND AN AVERAGE OF 890 STUDENTS WERE ON A MEAL PLAN. HAVERFORD PROVIDED 61 SPACES FOR RENT TO THE FACULTY TO FOSTER EDUCATIONAL INTERACTION WITH STUDENTS. 16998908 48139 STUDENT SERVICES DEAN, REGISTRAR, COUNSELING, CAREER DEVELOPMENT, HEALTH SERVICES, ATHLETICS, DISABILITY SERVICES, AND OTHER MISCELLANEOUS SERVICES. WHILE THESE OFFICES SUPPORT STUDENT HEALTH, DEVELOPMENT, AND WELL-BEING IN DIFFERENT WAYS, THEY ALL SHARE AN APPROACH THAT IS BASED ON RESPECT FOR STUDENT CHOICES AND A FUNDAMENTAL COMMITMENT TO THE IMPORTANCE OF EDUCATION IN THE DECISION-MAKING PROCESS. THE STAFF OF THESE OFFICES ARE COMMITTED TO HELPING STUDENTS ACHIEVE THEIR POTENTIAL BOTH AS INDIVIDUALS AND AS MEMBERS OF THE COMMUNITY. THE RECENT 6-YEAR GRADUATION RATES FOR THE COLLEGE HAVE BEEN 90% OR HIGHER. BASED ON THE ENTIRE CLASS OF 2021, 22% PROCEEDED DIRECTLY TO GRADUATE/PROFESSIONAL SCHOOL AND 57% WERE EMPLOYED, UNDERTAKING VOLUNTEER WORK OR AWARDED A FELLOWSHIP WITHIN SIX MONTHS OF GRADUATION. 21% WERE SEEKING EMPLOYMENT OR UNKNOWN AT THAT POINT. IN ADDITION, HAVERFORD COLLEGE GRADUATES EARNED A TOTAL OF 426 DOCTORATES FOR THE 10 YEAR PERIOD (2008-2017), WHICH EQUATES TO A 14.4% RATE OF DOCTORAL PRODUCTION. THIS RATE PLACES HAVERFORD COLLEGE 6TH AMONG ALL LIBERAL ARTS COLLEGES AND 8TH OVERALL FOR THIS TIME PERIOD. 129840715 1 1 0 1 0 1 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 1 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 2375 0 1 2065 1 1 1 1 UK 0 0 0 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 KY MD MA MI NH NJ NY OK OR SC X X BRIGID ISACKMAN 6107951702 370 LANCASTER AVENUE HAVERFORD PA 190411392 WENDY RAYMOND PRESIDENT 50.00 X X 518081 0 184909 CHARLES G BEEVER CHAIR, BOARD OF MANAGERS 2.00 X X 0 0 0 GARRY W JENKINS VICE CHAIR, BOARD OF MANAGERS 2.00 X X 0 0 0 GINNY CHRISTENSEN SECRETARY, BOARD OF MANAGERS 2.00 X X 0 0 0 AMY TAYLOR BROOKS CLERK, BOARD OF MANAGERS 2.00 X X 0 0 0 JENNIFER S PERKINS ASST CLERK, BOARD OF MANAG 2.00 X X 0 0 0 MARK G ANDERSON BOARD OF MANAGERS 2.00 X 0 0 0 STEVEN L BEGLEITER BOARD OF MANAGERS 2.00 X 0 0 0 SETH P BERNSTEIN BOARD OF MANAGERS 2.00 X 0 0 0 BRIAN COOPER BOARD OF MANAGERS 2.00 X 0 0 0 PETRA DOAN BOARD OF MANAGERS 2.00 X 0 0 0 JONATHAN M GAMSE BOARD OF MANAGERS 2.00 X 0 0 0 BRUCE D GORCHOW BOARD OF MANAGERS 2.00 X 0 0 0 CLAUDIA L HAMMERMAN BOARD OF MANAGERS 2.00 X 0 0 0 THIEN LE BOARD OF MANAGERS 2.00 X 0 0 0 DON LIU BOARD OF MANAGERS 2.00 X 0 0 0 ERICA LURIE-HURVITZ BOARD OF MANAGERS 2.00 X 0 0 0 RACHEL MELROY-HUSSER BOARD OF MANAGERS 2.00 X 0 0 0 BEATRICE MITCHELL BOARD OF MANAGERS 2.00 X 0 0 0 TERESA NANCE BOARD OF MANAGERS 2.00 X 0 0 0 SARA RECKTENWALD BOARD OF MANAGERS 2.00 X 0 0 0 NORVAL D REECE BOARD OF MANAGERS 2.00 X 0 0 0 HENRY J RITCHOTTE BOARD OF MANAGERS 2.00 X 0 0 0 SHIBU SHIBULAL BOARD OF MANAGERS 2.00 X 0 0 0 JANE SILBER BOARD OF MANAGERS 2.00 X 0 0 0 JOHN SPEARS BOARD OF MANAGERS 2.00 X 0 0 0 VINCENT WARREN BOARD OF MANAGERS 2.00 X 0 0 0 DAVID WERTHEIMER BOARD OF MANAGERS 2.00 X 0 0 0 JERRY WILLIAMS BOARD OF MANAGERS 2.00 X 0 0 0 NANCY WOLFSON BOARD OF MANAGERS 2.00 X 0 0 0 PAUL ZOIDIS II BOARD OF MANAGERS 2.00 X 0 0 0 MITCHELL L WEIN SR. VP ADMIN/FINANCE, TREASURER 50.00 X 499115 0 65174 MICHAEL H CASEL CHIEF INVEST OFFICER, ASST TREASURER 50.00 X 306468 0 63472 LINDA STRONG-LEEK PROVOST 50.00 X 253872 0 29178 DEBORAH STRECKER INTERIM VP, INST ADVANCEMENT/SEC. 50.00 X 181917 0 18621 TERRI ALBERTSON AVP, FINANCE/CONTROLLER/ASST TREAS 50.00 X 161207 0 37431 JESSE H LYTLE VP/CHIEF OF STAFF, ASST SECRETARY 50.00 X 155319 0 44039 ARA SERJOIE VP FOR INSTITUIONAL ADVANCEMENT 50.00 X 134313 0 23727 ELEANOR LEWIS DIR BUDGET & PLANNING (UNTIL 10/6/21) 50.00 X 91701 0 26143 FRANKLYN CANTOR ASSISTANT CHIEF OF STAFF 50.00 X 58425 0 45224 JESS H LORD VP/DEAN OF ADMISSIONS/FINANCIAL AID 50.00 X 209519 0 48898 MEGAN E FITCH CHIEF INFORMATION OFFICER 50.00 X 190577 0 27498 DONALD B CAMPBELL JR DIRECTOR OF FACILITIES MANAGEMENT 50.00 X 162175 0 14330 WENDALL SMITH DIRECTOR OF ATHLETICS (UNTIL 6/30/21) 50.00 X 425365 0 38120 AMY COOKE ASSISTANT PROFESSOR OF BIOLOGY 50.00 X 253923 0 39278 LINDA GERSTEIN PROFESSOR 50.00 X 180510 0 27121 ASHOK GANGADEAN PROFESSOR 50.00 X 174030 0 30771 RICHARD FREEDMAN PROFESSOR 50.00 X 163019 0 32834 KIMBERLY BENSTON PROFESSOR/FORMER PRESIDENT 50.00 X 198704 0 43773 FRANCES ROSE BLASE PROFESSOR/FORMER PROVOST 50.00 X 148118 0 17011 4466358 0 857552 80 1 1 0 THE WHITING-TURNER CONTRACTING CO 300 EAST JOPPA RD 8TH FL BALTIMORE MD 21286 CONTRACTOR SERVICES 4525826 CHRISTOPHER D CHELO DBA THE TRADESMEN 641 CHESTER CREEK RD BROOKHAVEN PA 19015 CONTRACTOR SERVICES 642477 THE REGENTS OF THE UNIVERSITY OF CALIFOR 1 CYCLOTRON RD MS 971 BERKELEY CA 94720 LABORATORY SERVICES 334752 STARLITE PRODUCTIONS INTERNATIONAL 9 WHITTENDALE DRIVE MOORESTOWN NJ 08057 AUDIO/VISUAL SERVICES 279091 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 022412015 ADVISORY SERVICES 275000 35 112027 4148652 17477832 2113354 21738511 TUITION & FEES 611310 86785067 86785067 AUXILLIARY - DORMITORIES/HCA 900099 13767612 13767612 AUXILLIARY - DINING CENTER 900099 7965079 6917439 1047640 GRANT CONTRACTS 900099 1297593 1297593 COLLEGE HOUSING 900099 770014 770014 1772819 1358846 102685 311288 112358184 8119937 69710 8050227 73 73 68005 0 68005 68005 68005 60810651 897567 31239957 24000 29570694 873567 30444261 472890 29971371 12000 112027 60296 -48296 -48296 172680675 110896571 645285 39400308 20500 20500 36369911 36369911 984897 984897 5532485 2115497 3231485 185503 45330729 35923110 7052688 2354931 3744453 2967352 590464 186637 7618569 4575906 2589039 453624 3198383 2534665 504195 159523 1004218 65209 935409 3600 238559 238559 49500 49500 525940 525940 7235782 3956886 3168158 110738 74273 33757 40456 60 6321942 3773687 2405631 142624 927289 876049 42670 8570 3314345 1718346 1594950 1049 1263513 1117224 85905 60384 1516674 879881 499098 137695 6124327 5766054 358273 9323703 8778266 545437 1129226 755097 374129 DINING SERVICES - FOOD 2890114 2890114 0 0 LIBRARY 1588054 1588054 0 0 SOFTWARE LICENSING FEES 1254398 610458 521387 122553 DUES, MEMBERSHIPS & SUB 640375 348950 246697 44728 3361490 11190845 -7838852 9497 151583649 129840715 17711718 4031216 1687081 1502243 18525664 17113971 4880798 2428247 2936138 2767341 220645 207066 1535158 1347837 66065 52680 644175 665284 378663296 186688184 194654902 191975112 141518574 129986855 526857232 510186395 112506 113697 893638938 858346728 9847246 8036046 1236039 1401283 144419384 142298710 18567696 12645334 174070365 164381373 X 193075449 205670984 526493124 488294371 719568573 693965355 893638938 858346728 X 21097026 -50046775 3346531 X 0 1 X 1 1 1 X 35893537 24190117 22218402 19224122 21738511 123264689 35893537 24190117 22218402 19224122 21738511 123264689 14685347 108579342 5645416 7426167 7711217 5924665 8118305 34825770 277951 15619 12694 21695 327959 18225 17320 12000 47545 158465963 499648767 0.68520 0.71010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2019 AMOUNT: $ 18,225. 2020 AMOUNT: $ 17,320. 2021 AMOUNT: $ 12,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: HAVERFORD PAYS MEMBERSHIP DUES TO NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) AND NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (NACUBO); THESE MEMBERSHIP ORGANIZATIONS MAY ENGAGE IN LOBBYING ACTIVITIES TO SUPPORT THE HIGHER EDUCATION INDUSTRY, AS SUCH A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. HAVERFORD HAS NO DIRECT LOBBYING ACTIVITY OR ANY CONTROL OVER THE LOBBYING ACTIVITIES PERFORMED BY THESE MEMBERSHIP ORGANIZATIONS. 0 0 100441 0 1 1 29604 5709877 X X X 0 1 1023929 1080544 1023929 1080544 0 641484724 16940195 -11934252 5800253 20579082 1135619 618975713 503436957 6495344 159161111 6088565 20345506 1174617 641484724 526881390 9740486 -5944382 6297088 19659148 1284301 503436957 518885600 6173080 28355450 6093045 19325027 1114668 526881390 501738232 5554094 38155611 5867296 19404746 1290295 518885600 0.24550 0.50480 0.24970 0 1 1 720688 720688 294819304 127009744 167809560 39567813 31783677 7784136 43555491 27894763 15660728 191975112 EQUITY AND FIXED INCOME FUNDS 221591442 F PRIVATE EQUITY 125064120 F HEDGE AND REAL ESTATE FUNDS 148698413 F PLANNED GIVING AGREEMENTS 10596860 F PERPETUAL TRUSTS 4235560 F 510186395 FEDERAL STUDENT LOAN ADVANCES 71655 INTEREST RATE SWAP LIABILITIES 3624281 LIABILITIES UNDER PLANNED GIVING AGREEMENTS 7230479 CONDITIONAL ASSET RETIREMENT OBLIGATION 752243 REFUNDABLE ADVANCE THORNE SCHOOL 303110 FUNDS HELD IN CUSTODY OF OTHERS 585193 SECURITY DEPOSIT 41490 ONECARD LIABILITY, CASH VALUE 36883 12645334 X 89681405 -50046775 -31877172 -81923947 171605352 609679 465644 1075323 172680675 115284623 60296 60296 115224327 609679 35749643 36359322 151583649 PART III, LINE 4: SPECIAL COLLECTIONS OF ART AND HISTORICAL TREASURES SERVE TO ADVANCE SCHOLARSHIP AND TO FURTHER TEACHING, RESEARCH AND SERVICE. SPECIAL COLLECTIONS RANGE FROM QUAKER COLLECTIONS TO HAVERFORD ARCHIVES TO RARE MANUSCRIPTS TO FINE ART ASSETS. THE QUAKER COLLECTION CONSISTS OF MANUSCRIPTS AS WELL AS NUMEROUS PHOTOGRAPHS, WORKS OF ART, ARTIFACTS, FURNITURE AND FILMS. THE HAVERFORD ARCHIVES INCLUDE AMERICAN AND ENGLISH LITERATURE, HISTORY AND POLITICS. TODAY, THE COLLECTIONS OF FINE ART ENCOMPASS THREE AREAS: MATERIAL IN SUPPORT OF THE COLLEGE CURRICULA, MATERIAL THAT DOCUMENTS HAVERFORD'S HISTORY, AND MATERIAL THAT DOCUMENTS THE HISTORY OF QUAKERISM. PART IV, LINE 1B: HAVERFORD IS THE TRUSTEE OF THE WILLIAM MAUL MEASEY TRUST. THE COLLEGE IS ENTITLED TO 60% OF THE GROSS INCOME OF THE TRUST AND INCLUDES 60% OF THE TRUST ASSETS IN ITS FINANCIAL STATEMENTS AND FORM 990. THE REMAINING 40% OF THE GROSS INCOME IS DISTRIBUTED TO SECONDARY SCHOOLS FOR STUDENT FINANCIAL AID. AS OF JUNE 30, 2022 40% OF THE TRUST ASSETS (FMV) WAS $67,817,700. THE 40% TRUST INCOME DISTRIBUTED TO THE SCHOOLS IS REPORTED IN PART IV, LINE 1E. THE SECONDARY SCHOOLS THAT RECEIVE TRUST INCOME ARE GEORGE SCHOOL, WESTTOWN SCHOOL, SCATTERGOOD FRIENDS AND OLNEY FRIENDS. PART V, LINE 4: HAVERFORD SPENDS A PRUDENT AMOUNT OF ITS ENDOWMENT INCOME ANNUALLY TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE IN ACCORDANCE WITH DONOR RESTRICTIONS AND INTERNAL DESIGNATIONS. THE ENDOWMENT RESTRICTED DONOR DESIGNATIONS INCLUDE SCHOLARSHIPS, INSTRUCTIONAL PURPOSES, PROFESSORSHIPS, LIBRARY, RESEARCH, AND GENERAL EDUCATIONAL PURPOSES. PART X, LINE 2: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2022, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES INFORMATION TAX RETURNS IN THE UNITED STATES OF AMERICA AND VARIOUS STATES. THE COLLEGE IS GENERALLY NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESIDUAL INCOME FROM LIFE INCOME MATURITIES 5,341. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 5,791,725. CHANGE IN VALUE OF LIFE INCOME -1,761,426. NEW LIFE INCOME GIFT LIABILITY -69,387. FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINACIAL STATEMENTS -35,223,703. BAD PLEDGE EXPENSE -619,722. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -60,296. OTHER INVESTMENT EXPENSES 525,940. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSE 60,296. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 35,223,703. OTHER INVESTMENT EXPENSES 525,940. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SUCH A POLICY IS POSTED ON HAVERFORD'S WEBSITE AS WELL AS PUBLISHED IN HAVERFORD'S CATALOG AND OTHER ADMISSIONS LITERATURE. ALSO, THE POLICY IS PUBLISHED IN NEWSPAPERS AND/OR THE INTERNET WHEN ADVERTISING FOR EMPLOYMENT. SCHEDULE E, PART I, LINE 6 FEDERAL WORK STUDY $117,619, FEDERAL SUPPLEMENTAL OPPORTUNITY GRANT (FSEOG) $202,469, CARES ACT, HIGHER EDUCATION EMERGENCY RELIEF FUND (PA GEER) $2,163, PA CARES ACT $8,357, CARES ACT, HIGHER EDUCATION EMERGENCY RELIEF FUND (STUDENT AID PORTION) $1,111,145, CARES ACT, HIGHER EDUCATION EMERGENCY RELIEF FUND (INSTITUTIONAL PORTION) $1,111,144, PELL GRANT $1,082,219, PHEAA-FWS MATCH $17,285, PHEAA INSTITUTIONAL ASSISTANCE GRANT (IAG) $34,286. 1 MIDDLE EAST AND NORTH AFRICA 0 3 GRANTS TO RECIPIENTS 13360 SUB-SAHARAN AFRICA 0 1 GRANTS TO RECIPIENTS 2800 EUROPE (INCLUDING ICELAND & GREENLAND) 0 34 GRANTS TO RECIPIENTS 901679 NORTH AMERICA 0 1 GRANTS TO RECIPIENTS 2300 SOUTH ASIA 0 6 GRANTS TO RECIPIENTS 18210 EAST ASIA AND THE PACIFIC 0 4 GRANTS TO RECIPIENTS 46548 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 3645293 NORTH AMERICA 0 0 INVESTMENTS 814363 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 38792368 SOUTH ASIA 0 1 PROGRAM SERVICES PROFESSIONAL SERVICES 920 NORTH AMERICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 11806 EAST ASIA AND THE PACIFIC 0 9 PROGRAM SERVICES PROFESSIONAL SERVICES 9546 EUROPE (INCLUDING ICELAND & GREENLAND) 0 17 PROGRAM SERVICES PROFESSIONAL SERVICES 43574 SOUTH AMERICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 200 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 700 RUSSIA AND NEIGHBORING STATES 0 2 PROGRAM SERVICES PROGRAM TRAVEL 1968 EUROPE (INCLUDING ICELAND & GREENLAND) 0 26 PROGRAM SERVICES PROGRAM TRAVEL 67231 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES PROGRAM TRAVEL 6302 NORTH AMERICA 0 5 PROGRAM SERVICES PROGRAM TRAVEL 33979 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES PROGRAM TRAVEL 4947 SOUTH AMERICA 0 1 PROGRAM SERVICES PROGRAM TRAVEL 674 EUROPE (INCLUDING ICELAND & GREENLAND) 0 8 PROGRAM SERVICES INTERNSHIPS 21085 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES INTERNSHIPS 3300 NORTH AMERICA 0 8 PROGRAM SERVICES INTERNSHIPS 26160 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES INTERNSHIPS 7700 MIDDLE EAST AND NORTH AFRICA 0 4 PROGRAM SERVICES INTERNSHIPS 14013 SOUTH ASIA 0 1 PROGRAM SERVICES INTERNSHIPS 3000 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES INTERNSHIPS 10792 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 25383 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 1031309 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 22595 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 22845 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 49152 0 49 0 96 0 145 5444553 40211549 45656102 HAVERFORD COLLEGE SCHOLARSHIPS EAST ASIA AND THE PACIFIC 1 0 38348 TUITION REDUCTION FMV HAVERFORD COLLEGE SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 33 0 900679 TUITION REDUCTION FMV RESEARCH STIPENDS MIDDLE EAST AND NORTH AFRICA 3 13360 CHECK RESEARCH STIPENDS EUROPE (INCLUDING ICELAND & GREENLAND) 1 1000 CHECK RESEARCH STIPENDS NORTH AMERICA 1 2300 CHECK RESEARCH STIPENDS EAST ASIA AND THE PACIFIC 3 8200 CHECK RESEARCH STIPENDS SOUTH ASIA 6 18210 CHECK RESEARCH STIPENDS SUB-SAHARAN AFRICA 1 2800 CHECK 1 0 1 1 1 0 PART I, LINE 2: UPON REQUEST, QUALIFIED STUDENTS IN GOOD ACADEMIC AND DISCIPLINARY STANDING MAY BE GRANTED PERMISSION TO SPEND A SEMESTER OR YEAR STUDYING ABROAD. HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. HAVERFORD DOES NOT AWARD ANY GRANT AID BASED ON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST BE PROVIDED. STUDENTS MAY APPEAL AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE: INCLUDING THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD COLLEGE SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, FEES, AND OTHER BILLED CHARGES. RESEARCH STIPENDS ARE FELLOWSHIPS APPROVED BY A FACULTY MEMBER TO HELP DEFRAY EXPENSES WHILE A STUDENT PERFORMS INDEPENDENT RESEARCH TO GAIN A BENEFICIAL, EDUCATIONAL EXPERIENCE. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. PART III ACCOUNTING METHOD: 1 WASHBURN & MCGOLDRICK LLC 24 NORTH BRYN MAWR AVENUE 252 BRYN MAWR PA 19010 SOLICITATION ADVICE AND CONSULTING. 0 0 49500 0 49500 MA BASEBALL GOLF OUTING 24027 12027 12000 900 12863 MERION GOLF CLUB OUTING 100000 100000 45733 800 124027 112027 12000 900 58596 800 60296 -48296 1 FOUNDATION FOR COMMUNITY SERVICE CO THE SHIPLEY SCHOOL 814 YARROW STREET BRYN MAWR PA 19010 232844309 501(C)(3) 7500 0 ANNUAL SUPPORT DRAKE UNIVERSITY 2507 UNIVERSITY AVE DES MOINES IA 50311 420680460 501(C)(3) 7500 0 ANNUAL SUPPORT BRYN MAWR THEATRE FILM INSTITUTE 824 LANCASTER AVE BRYN MAWR PA 19010 043682610 501(C)(3) 5500 0 ANNUAL SUPPORT 3 0 HAVERFORD COLLEGE SCHOLARSHIPS 641 34073007 FMV TUITION REDUCTION FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 103 202469 FMV TUITION REDUCTION BECKMAN SCHOLARS PROGRAM 2 9200 FMV TUITION REDUCTION HIGHER EDUCATION EMERGENCY RELIEF FUND - STUDENT AID 145 117500 FMV TUITION REDUCTION HIGHER EDUCATION EMERGENCY RELIEF FUND - STUDENT AID 1072 1036900 RESEARCH STIPENDS 286 705838 CHESICK SCHOLARS FUNDING 92 72509 STUDENT LOAN DEBT RELIEF 32 40890 STUDENT EMERGENCY FUNDING 149 111598 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE TO DOMESTIC ORGANIZATIONS AND DOMESTIC GOVERNMENTS: AWARDS TO SUB RECIPIENTS ARE ISSUED IN ACCORDANCE WITH COLLEGE ACCOUNTING AND BUSINESS POLICIES AND PROVISIONS UNDER UNIFORM GUIDANCE. GRANTS AND OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS: HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. HAVERFORD DOES NOT AWARD ANY GRANT AID BASED ON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST BE PROVIDED. STUDENTS MAY APPEAL AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE: INCLUDING THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD COLLEGE SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, FEES, AND OTHER BILLED CHARGES. SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG) ARE AWARDED BASED ON FAMILY CONTRIBUTION. ELIGIBILITY IS DETERMINED BY THE FAFSA AND REGULATIONS DETERMINED BY THE U.S. DEPARTMENT OF EDUCATION. PER THE DEPARTMENT OF EDUCATION REGULATIONS, STUDENTS WHO RECEIVE PELL GRANTS MUST BE PROVIDED SEOG FUNDS FIRST. IF THE STUDENT IS SELECTED TO RECEIVE THESE AWARDS, OTHER VERIFICATION FORMS MAY BE REQUIRED; INCLUDING THE VERIFICATION STATEMENT, PARENT AND STUDENT TAX RETURNS, AND NON-TAX FILER STATEMENTS. SEOG AWARDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, AND OTHER BILLED CHARGES. SEOG AWARDS ARE AUDITED ANNUALLY BY THE COLLEGE'S OUTSIDE AUDITORS IN CONJUNCTION WITH THE SINGLE AUDIT. THE BECKMAN SCHOLARS PROGRAM IS SPONSORED BY THE ARNOLD AND MABEL BECKMAN FOUNDATION. STUDENTS MUST APPLY AND BE SELECTED TO RECEIVE THE AWARD WHICH INCLUDES AN ACADEMIC YEAR SCHOLARSHIP OF $4,600 THAT IS CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, AND OTHER BILLED CHARGES. EMERGENCY FINANCIAL AID GRANTS ISSUED FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) IN THE FALL 2021 SEMESTER PRIORITIZED ENROLLED STUDENTS WITH THE MOST FINANCIAL NEED USING INSTITUTIONAL METHODOLOGY (IM). EMERGENCY FINANCIAL AID GRANTS ISSUED IN THE SPRING 2022 SEMESTER WERE AVAILABLE TO ALL ENROLLED STUDENTS IF THEY AFFIRMED INCURRING ELIGIBLE EXPENSES. THE SAME STUDENTS WHO RECEIVED AN EMERGENCY FINANCIAL AID GRANT IN THE FALL 2021 SEMESTER COULD RECEIVE AN ADDITIONAL GRANT IN THE SPRING 2022 SEMESTER. STUDENTS WHO ACCEPTED AN EMERGENCY FINANCIAL AID GRANT WERE GIVEN A CHOICE TO RECEIVE THEIR FUNDS AS EITHER 1) A CREDIT TO THEIR STUDENT ACCOUNT TO COVER AN OUTSTANDING BALANCE, 2) A CHECK, OR 3) A DIRECT DEPOSIT. RESEARCH STIPENDS ARE FELLOWSHIPS APPROVED BY A FACULTY MEMBER TO HELP DEFRAY EXPENSES WHILE A STUDENT PERFORMS INDEPENDENT RESEARCH TO GAIN A BENEFICIAL, EDUCATIONAL EXPERIENCE. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. EMERGENCY FUNDING FOR STUDENTS IS PROVIDED BY THE LIFTFAR (LOW-INCOME AND FIRST-IN-THEIR-FAMILY ASSISTANCE AND RESOURCES) PROGRAM. STUDENTS THAT HAVE BELOW A CERTAIN EXPECTED FAMILY CONTRIBUTION (EFC) ARE ELIGIBLE TO APPLY AND ARE NOTIFIED BY EMAIL AT THE BEGINNING OF EACH SEMESTER. FUNDING IS ONLY AVAILABLE FOR CURRENT STUDENTS DURING THE ACADEMIC YEAR AND IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. THE JOHN P. CHESICK SCHOLARS PROGRAM IS A FOUR-YEAR ACADEMIC LEADERSHIP AND MENTORING PROGRAM FOR HAVERFORD STUDENTS FROM BACKGROUNDS THAT ARE UNDER-REPRESENTED IN ACADEMIA, INCLUDING ALL FGLI (FIRST-GENERATION/LOW-INCOME) ENTERING STUDENTS. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. THE STUDENT LOAN DEBT RELIEF PROGRAM IS DESIGNED TO ASSIST HAVERFORD ALUMNI FOR WHOM DEBT FROM STUDENT LOANS WOULD PROVE TO BE A GENUINE BURDEN, SUCH AS FOR THOSE WHO CHOOSE CAREERS OF HIGH SOCIETAL VALUE BUT LOW REMUNERATION OR WHO ARE TEMPORARILY UNEMPLOYED. INDIVIDUALS WHO ARE ELIGIBLE TO APPLY FOR SUPPORT WILL BE NOTIFIED BY THE OFFICE OF ADMISSION DURING THE SUMMER AND WILL BE PROVIDED INSTRUCTIONS ON HOW TO APPLY. APPLICANTS WILL BE REQUIRED TO COMPLETE AN APPLICATION AND CONFIRM THEIR CONTINUED ELIGIBILITY BY SUBMITTING SUPPORTING DOCUMENTATION. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 WENDY RAYMOND PRESIDENT 511306 0 0 0 6775 0 51823 0 133086 0 702990 0 0 0 MITCHELL L WEIN SR. VP ADMIN/FINANCE, TREASURER 359115 0 140000 0 0 0 33383 0 31791 0 564289 0 0 0 WENDALL SMITH DIRECTOR OF ATHLETICS (UNTIL 6/30/21 63969 0 0 0 361396 0 23136 0 14984 0 463485 0 0 0 MICHAEL H CASEL CHIEF INVEST OFFICER, ASST TREASURER 306468 0 0 0 0 0 28936 0 34536 0 369940 0 0 0 AMY COOKE ASSISTANT PROFESSOR OF BIOLOGY 78169 0 0 0 175754 0 19109 0 20169 0 293201 0 0 0 LINDA STRONG-LEEK PROVOST 229382 0 0 0 24490 0 17636 0 11542 0 283050 0 0 0 JESS H LORD VP/DEAN OF ADMISSIONS/FINANCIAL AID 205519 0 0 0 4000 0 19428 0 29470 0 258417 0 0 0 KIMBERLY BENSTON PROFESSOR/FORMER PRESIDENT 198704 0 0 0 0 0 17149 0 26624 0 242477 0 0 0 MEGAN E FITCH CHIEF INFORMATION OFFICER 190577 0 0 0 0 0 14844 0 12654 0 218075 0 0 0 LINDA GERSTEIN PROFESSOR 180510 0 0 0 0 0 16634 0 10487 0 207631 0 0 0 ASHOK GANGADEAN PROFESSOR 174030 0 0 0 0 0 11338 0 19433 0 204801 0 0 0 DEBORAH STRECKER INTERIM VP, INST ADVANCEMENT/SEC. 180417 0 0 0 1500 0 16961 0 1660 0 200538 0 0 0 JESSE H LYTLE VP/CHIEF OF STAFF, ASST SECRETARY 151819 0 0 0 3500 0 10926 0 33113 0 199358 0 0 0 TERRI ALBERTSON AVP, FINANCE/CONTROLLER/ASST TREAS 161207 0 0 0 0 0 16454 0 20977 0 198638 0 0 0 RICHARD FREEDMAN PROFESSOR 157519 0 0 0 5500 0 11131 0 21703 0 195853 0 0 0 DONALD B CAMPBELL JR DIRECTOR OF FACILITIES MANAGEMENT 160675 0 0 0 1500 0 12852 0 1478 0 176505 0 0 0 FRANCES ROSE BLASE PROFESSOR/FORMER PROVOST 146618 0 0 0 1500 0 15662 0 1349 0 165129 0 0 0 ARA SERJOIE VP FOR INSTITUIONAL ADVANCEMENT 111410 0 0 0 22903 0 15129 0 8598 0 158040 0 0 0 PART I, LINE 1A NON-TAXABLE HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, PRESIDENT WENDY RAYMOND AND DEAN OF THE COLLEGE JOHN MCKNIGHT RESIDE ON CAMPUS FREE OF RENT. SOCIAL CLUB DUES: THE SOCIAL CLUB DUES OF THE PRESIDENT ARE PAID BY THE COLLEGE AND INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. THE PRESIDENT RECEIVED GROSS UP PAYMENTS FOR THE TAXABLE PORTION OF LIFE INSURANCE, PERSONAL USE OF COLLEGE PROVIDED VEHICLE, AND SOCIAL CLUB DUES. SCHEDULE J, PART II: AMOUNTS DISCLOSED IN SCHEDULE J, PART II, COLUMN B(II) REPRESENT RETENTION INCENTIVES PAID OUT IN THE CALENDAR YEAR 2021 WHICH WERE MADE ACCORDING TO EMPLOYMENT LETTERS ENTERED INTO WITH THE SPECIFIED INDIVIDUALS OVER FIVE YEARS PRIOR. A DELAWARE COUNTY AUTHORITY 231973437 246003NJ2 2017-02-28 110381164 REFUND PORTION 2008 BONDS, 2010 BONDS, ALL 2010A BONDS 0 0 0 B DELAWARE COUNTY AUTHORITY 231973437 NONEAVAIL 2017-02-28 29845000 PART REFUND 2008 BONDS: RENOVATION OF SHARPLESS HALL, RYAN GYM/VCAM, DINING 0 0 0 C DELAWARE COUNTY AUTHORITY 231973437 246003PH4 2020-03-24 9125000 REFUND OF 2010 BONDS 0 0 0 A 5475307 110381164 734217 109646947 2017 1 1 1 1 B 29845000 624499 102807 22415502 6702192 2020 1 0 1 1 C 696000 9125000 170000 8955000 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 0 0 1 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 02/28/2017 $110,381,164 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED OCTOBER 11, 2022. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2022. SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 02/28/2017 $29,845,000 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED OCTOBER 11, 2022. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2022. MICHAEL H CASEL OFFICER HOME MORTGAGE X 300000 207066 0 0 1 207066 X 6 29604 APPRAISED VALUE X 1 1 AVERAGE VALUE X 2651 FAIR MARKET VALUE X 102 2073796 FAIR MARKET VALUE X 1 1 AVERAGE VALUE X TREES 1 5000 FAIR MARKET VALUE X LACROSSE TICKETS 1 1300 FAIR MARKET VALUE X EQUIPMENT 1 1000 FAIR MARKET VALUE X MEMORABILIA 2 2 AVERAGE VALUE 1 0 1 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS IN EACH CATEGORY. FORM 990, PART V, LINE 1A: THE TOTAL NUMBER REPORTED IN BOX 3 OF ALL 2021 FORM 1096 FILINGS IS 2,375, THIS IS WHAT IS REPORTED ON FORM 990, PART V, LINE 1A. INCLUDED IN THIS TOTAL ARE 1,752 FORM 1098-T FILINGS. FORM 990, PART VI, SECTION A, LINE 6 HAVERFORD HAS ONE CLASS OF MEMBERS WHO MAY INCLUDE ANY MEMBER OF THE RELIGIOUS SOCIETY OF FRIENDS, ANYONE WHO HAS SERVED AS PRESIDENT OF HAVERFORD OR AS A MEMBER OF THE BOARD OF MANAGERS FOR AT LEAST SIX CONSECUTIVE YEARS. IN ADDITION, THE PRESIDENT OF HAVERFORD, THE CLERK, THE ASSISTANT CLERK, AND THE SECRETARY OF HAVERFORD, AND FOUR MEMBERS OF THE BOARD OF MANAGERS NOMINATED BY THE BOARD OF MANAGERS SHALL BE MEMBERS OF HAVERFORD SO LONG AS THEY HOLD SUCH POSITIONS. HAVERFORD MAY PERMIT, IN EXCEPTIONAL CASES, PERSONS NOT MEMBERS OF A MONTHLY MEETING, YET GROUNDED IN THE FAITH AND PRACTICE OF FRIENDS, TO BE TREATED AS MEMBERS OF THE RELIGIOUS SOCIETY OF FRIENDS. THE MEMBERS SEEK, BY ADVICE AND EXAMPLE, TO STRENGTHEN AND ENRICH HAVERFORD'S QUAKER HERITAGE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FORMALLY ELECT ALL THE MEMBERS OF THE BOARD, INCLUDING THOSE NOMINATED BY HAVERFORD, BY THE BOARD AND BY THE ALUMNI ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ANY AND ALL AMENDMENTS TO THE BYLAWS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN MANAGEMENT PROVIDES THE ENTIRE FORM 990 TO THE AUDIT & RISK MANAGEMENT COMMITTEE OF THE BOARD FOR REVIEW AND DISCUSSION PRIOR TO ITS FURTHER DISSEMINATION TO THE BOARD. THE ENTIRE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD OF MANAGERS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT ELECTRONICALLY TO BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE PRESIDENT'S OFFICE TRACKS AND ENSURES COMPLIANCE WITH COMPLETING AND SUBMITTING THE CONFLICT OF INTEREST QUESTIONNAIRE. IN ADDITION, THE POLICY REQUIRES THAT POTENTIAL CONFLICTS BE REPORTED THROUGHOUT THE YEAR AS THEY ARISE AS WELL AS FOR PERIODIC REVIEWS TO IDENTIFY POTENTIAL CONFLICTS. THE BOARD OF DIRECTORS MAKES THE DETERMINATION AS TO WHETHER A CONFLICT OF INTEREST EXISTS OR NOT. IF A CONFLICT WERE TO ARISE, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING FOR INVESTIGATION AND RESOLUTION. AFTER THE PRESENTATION, THE INTERESTED PERSON WOULD REMOVE THEMSELVES FROM THE MEETING DURING THE FINAL DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS TYPICALLY DETERMINED AFTER AN ANNUAL REVIEW BY THE BOARD'S COMMITTEE ON PRESIDENTIAL COMPENSATION AND REVIEW. THE REVIEW, ALONG WITH PRIVATE COLLEGE EXECUTIVE COMPENSATION SURVEYS, HELP DETERMINE THE PRESIDENT'S SALARY. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE DOCUMENTED TIMELY. THE COMPENSATION FOR THE PRESIDENT WENDY RAYMOND WAS DETERMINED BY THE BOARD USING A SIMILAR BENCHMARK PROCESS BUT WITHIN HIRING NEGOTIATIONS. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT REPORTS TO THE BOARD IN EXECUTIVE SESSION INFORMATION REGARDING THE ANNUAL PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, AS NOTED ON FORM 990, PART VII. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC THROUGH OUR WEBSITE AND UPON REQUEST. THE COLLEGE'S FORM 990T IS AVAILABLE UPON REQUEST. THE COLLEGE'S FORM 990 IS ALSO OPEN TO THE GENERAL PUBLIC ON GUIDESTAR'S WEBSITE. CURRENTLY, THE COLLEGE DOES NOT PUBLISH GOVERNING DOCUMENTS; HOWEVER, THESE ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 5,791,725. CHANGE IN VALUE OF LIFE INCOME -1,761,426. NEW LIFE INCOME GIFT LIABILITY -69,387. RESIDUAL INCOME FROM LIFE INCOME MATURITIES 5,341. BAD PLEDGE EXPENSE -619,722. THE WILLIAM MAUL MEASEY TRUST C/O HAVERFORD COLLEGE 370 LANCASTER HAVERFORD PA 19041 946714956 CHARITABLE TRUST PA CORPORATION OF HAVERFORD COLLEGE T 2834334 101726550 0.60000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE WILLIAM MAUL MEASEY TRUST S 1620817 BOOK VALUE