2023-05-16T02:30:12+00:00 2022-06-30 346565596 ERNST & YOUNG US LLP 55 IVAN ALLEN JR BOULEVARD SUITE 10 00 ATLANTA GA 30308 990 2021-07-01 580566243 Spelman College SPEL 4046813643 350 SPELMAN LANE SW ATLANTA GA 30314 DAWN ALSTON CFO & VP OF BUS & FINANCIAL AFFAIRS 4046813643 2023-05-16 true DAWN ALSTON 999009999 Aerrial M Orr P01598400 4048748300 2023-05-14 2021 2023-04-26 12:10:37Z DAWN ALSTON 350 SPELMAN LANE SW ATLANTA GA 30314 371250374 false X WWW.SPELMAN.EDU X 1881 GA SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS. 27 25 1025 721 -936081 0 91864557 85217107 62657495 89739828 26580537 28303136 1868142 1133673 182970731 204393744 19783165 22598352 0 54307641 62327751 116914 116914 6563869 42889843 60540638 117097563 145583655 65873168 58810089 855779306 821952118 78155429 72641432 777623877 749310686 X SEE SCHEDULE O false false 88935086 22598352 68071510 INSTRUCTION, STUDENT SERVICES, AND ACADEMIC SUPPORT FOUNDED IN 1881, SPELMAN COLLEGE IS A PRIVATE, NONPROFIT INSTITUTION OF HIGHER EDUCATION BASED IN ATLANTA, GEORGIA. THE COLLEGE IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND PROVIDES QUALITY LIBERAL ARTS EDUCATION AND TRAINING SERVICES FOR APPROXIMATELY 2,100 UNDERGRADUATE STUDENTS. IN ADDITION, THE COLLEGE MAINTAINS SPECIAL PROGRAMS SUCH AS CONTINUING EDUCATION, SUMMER SCIENCE AND DUAL DEGREES IN ENGINEERING. SPELMAN COLLEGE ALSO PROVIDES A DYNAMIC AND INTERACTIVE CAMPUS COMMUNITY WITH A VARIETY OF DIVERSE PROGRAMS AND SERVICES DESIGNED TO ENHANCE THE PERSONAL GROWTH AND DEVELOPMENT OF ITS STUDENTS. ACADEMIC SUPPORT SERVICES INCLUDES DEPARTMENTS THAT PROVIDE TUTORING AND ACADEMIC SUPPORT PROGRAMS. ACADEMIC SUPPORT SERVICES ALSO PARTNERS WITH THE STUDENT SUCCESS PROGRAM, WHICH PROVIDES COURSE SUPPORT FOR STUDENTS TO MASTER COURSE CONTENT AND ULTIMATELY ATTAIN THEIR ACADEMIC GOALS. 18036816 0 22801991 AUXILIARY ENTERPRISES AS A RESIDENTIAL LIBERAL ARTS COLLEGE, SPELMAN COLLEGE PROVIDES ON CAMPUS HOUSING FOR APPROXIMATELY 1,400 STUDENTS. SPELMAN ALSO PROVIDES DINING SERVICES TO ITS RESIDENTIAL STUDENTS, AS WELL AS COMMUTER STUDENTS, FACULTY, STAFF AND OTHERS. SPELMAN OPERATES A 500 SPACE PARKING DECK FOR FACULTY, STAFF, AND STUDENTS. ADDITIONALLY, SPELMAN OFFERS A VARIETY OF SUMMER CONFERENCES FOR HIGH SCHOOL STUDENTS AND OTHER INTERESTED STUDENTS. 3567811 0 0 RESEARCH SPELMAN COLLEGE PERFORMS RESEARCH, TRAINING, AND OTHER SIMILAR SERVICES UNDER GRANTS WITH GOVERNMENTAL AGENCIES OR SPONSORING ORGANIZATIONS. 280658 0 0 PUBLIC SERVICE 280658 110820371 true true false true false false true false true true true false false true true false true true false true false false true false false false true true true true true false false false false false false false false false true false false false false true true true false false true 3426 0 true 1025 true true true false false false false false false false false false false false X 27 25 false false false false false false false true true false false true true true true true true true true false GA NY X DAWN ALSTON 4042705077 350 SPELMAN LANE SW ATLANTA GA 30314 Gwendolyn Adams Norton SECRETARY 2.0 0.0 X X 0 0 0 Kathy N Waller CO-CHAIR 2.0 0.0 X X 0 0 0 Mary Schmidt Campbell PHD President 35.0 35.0 X X 428689 0 40213 Ronda E Stryker VICE CHAIR 2.0 0.0 X X 0 0 0 Rosalind G Brewer CHAIR 2.0 0.0 X X 0 0 0 Angela Farris Watkins Faculty Representative 2.0 0.0 X 0 0 0 Bonnie Shelton Carter TRUSTEE 2.0 0.0 X 0 0 0 Cara Johnson Hughes TRUSTEE 2.0 0.0 X 0 0 0 Carmen D Harris TRUSTEE 2.0 0.0 X 0 0 0 Claire Arnold TRUSTEE 2.0 0.0 X 0 0 0 Colleen J Taylor TRUSTEE 2.0 0.0 X 0 0 0 Cynthia E Jackson TRUSTEE 2.0 0.0 X 0 0 0 Elizabeth Gowans TRUSTEE 2.0 0.0 X 0 0 0 Elizabeth Mccormack TRUSTEE 2.0 0.0 X 0 0 0 G G Michelson TRUSTEE 2.0 0.0 X 0 0 0 Gena Hudgins Ashe TRUSTEE 2.0 0.0 X 0 0 0 Helen Smith Price TRUSTEE 2.0 0.0 X 0 0 0 Janine Brown TRUSTEE 2.0 0.0 X 0 0 0 Jillian Jackson STUDENT REPRESENTATIVE 2.0 0.0 X 0 0 0 June Gary Hopps TRUSTEE 2.0 0.0 X 0 0 0 Karen Brakke PHD Faculty Trustee 35.0 0.0 X 96163 0 16816 Kaye Foster TRUSTEE 2.0 0.0 X 0 0 0 Keva Wright Berry ALUMNA REPRESENTATIVE 2.0 0.0 X 0 0 0 Lawrence M Schall TRUSTEE 2.0 0.0 X 0 0 0 Loren K Robinson TRUSTEE 2.0 0.0 X 0 0 0 Lovette T Russell TRUSTEE 2.0 0.0 X 0 0 0 Marian Wright Edelman TRUSTEE 2.0 0.0 X 0 0 0 Mary Lynne Diggs TRUSTEE 2.0 0.0 X 0 0 0 Pauletta Washington TRUSTEE 2.0 0.0 X 0 0 0 Peggy Dulany TRUSTEE 2.0 0.0 X 0 0 0 Richard D Legon TRUSTEE 2.0 0.0 X 0 0 0 Robert Holland JR TRUSTEE 2.0 0.0 X 0 0 0 Russell Edgerton PHD TRUSTEE 2.0 0.0 X 0 0 0 Susan Dunn TRUSTEE 2.0 0.0 X 0 0 0 Suzanne F Shank TRUSTEE 2.0 0.0 X 0 0 0 Theodore R Aronson TRUSTEE 2.0 1.0 X 0 0 0 Thomas H Castro TRUSTEE 2.0 0.0 X 0 0 0 Vicki R Palmer TRUSTEE 2.0 0.0 X 0 0 0 Yvonne R Jackson TRUSTEE 2.0 0.0 X 0 0 0 Darryl Holloman VP Academic Affairs 35.0 0.0 X 189940 0 33712 Dawn Alston CFO & VP OF BUS & FIN AFFAIRS 35.0 0.0 X 290175 0 39601 Dolores Bradley Interim Provost (AS OF 12/21) 35.0 0.0 X 175349 0 28971 Ingrid Hayes VP of Enrollment Management 35.0 0.0 X 183434 0 30827 Jessie Brooks VP of Institutional Advancement 35.0 0.0 X 245192 0 19773 John Wilson VP and Chief Information Officer 35.0 0.0 X 191779 0 31362 Myra Burnett VP Institutional Resarch 35.0 0.0 X 212579 0 26931 Sharon Davies Provost (THRU 08/21) 35.0 0.0 X 239817 0 23231 Terri Reed Secretary of the College 35.0 0.0 X 250770 0 28009 Beverly Guy-Sheftall Professor 35.0 0.0 X 223036 0 25309 Cheryl Finley Professor 35.0 0.0 X 174014 0 25297 Helga Greenfield COS & DIR, TITLE III & GOV RLTNS 35.0 0.0 X 165080 0 21303 Marionette Holmes Professor 35.0 0.0 X 167531 0 17841 Rhonda Honegan Director of Investment 35.0 1.0 X 234946 0 39709 Robert D Flanigan JR Chief Investment Officer & Treasurer 35.0 35.0 X 388756 0 23232 3857250 0 472137 72 true true false ARAMARK DINING SERVICES 350 SPELMAN LANE SW ATLANTA GA 30314 DINING SERVICES 4762028 SIEMENS INDUSTRY INC PO BOX 2134 CAROL STREAM IL 601322134 AUTOMATION SERVICES 1940390 ARAMARK INC PO BOX 978839 DALLAS TX 75397 FACILITY SERVICES 1793449 CHESAPEAKE ASSET MANAGEMENT LLC ONE ROCKEFELLER PLZ STE 2321 NEW YORK NY 10020 INVESTMENT MANAGEMENT 1186283 STUDIO GANG ARCHITECTS LTD 1520 W DIVISION ST CHICAGO IL 606423312 ARCHITECTUAL SERVICES 1091274 34 0 0 0 0 17860389 67356718 27986328 85217107 TUITION AND FEES 900099 66937837 66937837 0 0 AUXILIARY FEES 900099 22801991 22801991 0 0 0 0 0 0 89739828 1112063 0 -936081 2048144 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 194047703 166856630 0 27191073 0 27191073 0 0 27191073 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXTENDED PAYMENT 900099 349450 349450 0 0 BOOKSTORE RENTAL 900099 189115 189115 0 0 VENDING AND COMMISSION 900099 148492 148492 0 0 446616 446616 0 0 1133673 204393744 90873501 -936081 29239217 X 70157 70157 22514796 22514796 13399 13399 0 0 3857248 1661860 1950196 245192 0 0 0 0 43979044 34918982 6071411 2988651 2272179 1806809 297392 167978 9094916 7291726 1152276 650914 3124364 2484363 409031 230970 0 0 0 0 354163 0 354163 0 434438 0 434438 0 72000 0 72000 0 116914 116914 2257383 0 2257383 0 9451273 8018760 1215452 217061 0 0 0 0 4680478 2883011 1379091 418376 1271243 0 1271243 0 0 0 0 0 3766694 3766694 0 0 654771 108545 522564 23662 0 0 0 0 0 0 0 0 2002690 1961040 41650 0 0 0 0 0 5374218 4332865 1041353 0 1863248 1447186 416062 0 SPECIAL PROJECTS 4014059 1762709 772222 1479128 A.U.C. Administrative 3689368 3034615 654753 0 REPAIRS AND MAINTENANCE 2876383 2731083 120277 25023 Cleaning Expenses 1596188 1493986 102202 0 16182041 8517785 7664256 0 145583655 110820371 28199415 6563869 0 0 0 0 88804528 127868975 0 0 32128887 31699787 700606 798126 0 0 0 0 0 0 0 0 0 0 298619315 137327828 160930886 161291487 88608734 75425338 482238108 422319202 0 0 0 2367557 2549203 855779306 821952118 13767186 14181594 0 0 1206196 983603 60990513 56000498 0 0 0 0 0 0 0 0 2191534 1475737 78155429 72641432 X 213970576 206934081 563653301 542376605 0 0 0 0 0 0 777623877 749310686 855779306 821952118 58810089 -87123280 0 0 0 0 X false true X true true true X 52278096 29274287 80519271 91864557 85217107 339153318 0 0 52278096 29274287 80519271 91864557 85217107 339153318 72357254 266796064 3712446 1780685 475735 254329 1112063 7335258 35955 35955 0 0 0 0 0 0 346524531 0 0.7699 0.7593 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 72000 72000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY SPELMAN COLLEGE RETAINS CONSULTANTS TO PROMOTE LEGISLATION WHICH WOULD PROVIDE SPELMAN COLLEGE WITH FEDERAL FUNDS FOR USE ON VARIOUS COLLEGE PROJECTS AND PROGRAMS. HOLLAND & KNIGHT WAS PAID $72,000 FOR THEIR SERVICES. X X X X X CURRICULUM ENHANCEMENT & DEVLP false 541318955 5194310 -59098022 24016392 463398851 382891058 31697164 149315437 22584704 541318955 391813695 3196662 7133166 19252465 382891058 393701579 678610 18056873 20623367 391813695 367884130 3725008 41975376 19882935 393701579 0.1709 0.3394 0.4897 false true true 14687722 14687722 208636873 88890289 119746584 33997708 32129847 1867861 41297012 16307692 24989320 161291487 SHORT-TERM INVESTMENTS 47109577 F FIXED INCOME 36143911 F NON U.S. EQUITY 28215001 F MARKETABLE ALTERNATIVES 126074384 F REAL ASSETS 12253623 F PRIVATE EQUITY 172522706 F 422319202 ADVANCES FROM FEDERAL GOVERNMENT OBLIGATION UNDER RIGHT OF USE LEASE 1475737 1475737 X Schedule D, Part III, Line 1a FASB ASC 958 THE ORGANIZATION ELECTED, AS PERMITTED UNDER FASB ASC 958, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THERE IS NO FINANCIAL STATEMENT FOOTNOTE DISCLOSURE THAT DESCRIBES THESE ITEMS. Schedule D, Part III, Line 4 Collections of art - description of collections ART COLLECTION THE COLLEGE'S PERMANENT COLLECTION OF ART, INCLUDING HISTORICALLY SIGNIFICANT PAINTINGS, SCULPTURE, AND WORKS ON PAPER, IS AN ACADEMIC RESOURCE THAT OFFERS STUDENTS, FACULTY, AND STAFF FIRST-HAND ENGAGEMENT WITH IMPORTANT ORIGINAL WORKS OF ART. OBJECT LESSONS, WORKSHOPS, CONSERVATION PROJECTS, EXHIBITIONS, AND THEMATIC PROGRAMS DEMONSTRATE THE VARIOUS WAYS THAT THE PERMANENT HOLDINGS ARE USED TO EXPAND, COMPLEMENT, AND ENHANCE THE ACADEMIC CURRICULUM. Schedule D, Part V, Line 4 Intended uses of endowment funds INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS INVESTMENT IN A MIX OF SECURITIES TO PROVIDE SUFFICIENT INCOME TO SUPPORT THE COLLEGE'S OPERATIONS IN ACCORDANCE WITH DONOR WISHES, WHILE PRESERVING EQUITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE COLLEGE REVIEWS ITS TAX POSITIONS ANNUALLY AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AT JUNE 30, 2022 OR 2021. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY RACIALLY NONDISCRIMINATORY POLICY A STATEMENT OF THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS IN ACCORDANCE WITH THE PROVISIONS OF REV. PROC. 75-50. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT FINANCIAL AID ASSISTANCE FROM GOVERNMENTAL AGENCY THE FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FEDERAL GOVERNMENT, STATE OF GEORGIA, AND OTHER STATES. OTHER ASSISTANCE IS RECEIVED FROM FEDERAL GOVERNMENT, STATE OF GEORGIA, AND CITY OF ATLANTA. true Europe (Including Iceland and Greenland) 0 0 Program Services INSTRUCTION & ACADEMIC SUPPORT 12581 Sub-Saharan Africa 0 0 Program Services INSTRUCTION & ACADEMIC SUPPORT 817 Central America and the Caribbean 0 0 Investments 72320586 0 0 0 0 0 0 72333984 0 72333984 true false true false true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds STUDENT FINANCIAL AID STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. ADJUSTMENTS ARE MADE WHEN APPROPRIATE. DUE TO TRAVEL RESTRICTIONS IMPOSED DURING THE COVID-19 PANDEMIC, THERE WAS NO FINANCIAL AID AWARDED FOR THE STUDY ABROAD PROGRAM DURING THE TAX YEAR ENDING JUNE 30, 2022. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SUB-SAHARAN AFRICA-Accrual X X X X X true ANTHOLOGY INC OF MISSOURI 5201 CONGRESS AVE BOCA RATON FL 33487 FUNDRAISING CONSULTANT false 0 3789 -3789 COMMUNITY COUNSELING SERVICE 527 MADISON AVE NEW YORK NY 10022 FUNDRAISING CONSULTANT false 0 100000 -100000 MINDPOWER INC 901 BERNINA AVE NE ATLANTA GA 30307 FUNDRAISING CONSULTANT false 0 13125 -13125 0 116914 -116914 GA NY true INSTITUTE FOR FUTURE INTELLIGENCE 26 Rockland Street Natick MA 01760 851383592 501(C)(3) 18031 MIXED-METHODS RESEARCH GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION PO BOX 2668 Atlanta GA 30301 581845423 501(C)(3) 6476 RESEARCH DEVELOPMENT AND DATA ANALYSIS PLR CONSULTING 1931 Sandy Trail Drive Hampton GA 30228 828223591 45000 INVESTIGATING EXPERIENCES OF BLACK WOMEN TEACHING COMPUTER SCIENCE 2 1 STUDENT FINANCIAL AID 1377 22514796 Schedule I, Part II, Line 2 GEORGIA STATE UNIVERSITY THIS IS RELATED TO THE GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION. ACTIVITIES ARE RELATED TO COLLABORATIVE STUDENT ENGAGEMENT FOR THE RESEARCH ORGANIZATION. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. STUDENT FINANCIAL AID STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. ADJUSTMENTS ARE MADE WHEN APPROPRIATE. X X X true true X X X X X X false true false false false false false false false Mary Schmidt Campbell PHD President 428689 0 0 0 0 0 20300 0 19913 0 468902 0 0 0 Sharon Davies Provost (THRU 08/21) 239817 0 0 0 0 0 15869 0 7362 0 263048 0 0 0 Dawn Alston CFO & VP OF BUS & FIN AFFAIRS 290175 0 0 0 0 0 20724 0 18877 0 329776 0 0 0 Dolores Bradley Interim Provost (AS OF 12/21) 175349 0 0 0 0 0 6401 0 22570 0 204320 0 0 0 Jessie Brooks VP of Institutional Advancement 245192 0 0 0 0 0 17187 0 2586 0 264965 0 0 0 Myra Burnett VP Institutional Resarch 212579 0 0 0 0 0 15167 0 11764 0 239510 0 0 0 Ingrid Hayes VP of Enrollment Management 183434 0 0 0 0 0 7675 0 23152 0 214261 0 0 0 Darryl Holloman VP Academic Affairs 189940 0 0 0 0 0 13688 0 20024 0 223652 0 0 0 Terri Reed Secretary of the College 250770 0 0 0 0 0 16589 0 11420 0 278779 0 0 0 John Wilson VP and Chief Information Officer 191779 0 0 0 0 0 7903 0 23459 0 223141 0 0 0 Cheryl Finley Professor 174014 0 0 0 0 0 7207 0 18090 0 199311 0 0 0 Helga Greenfield COS & DIR, TITLE III & GOV RLTNS 165080 0 0 0 0 0 11626 0 9677 0 186383 0 0 0 Beverly Guy-Sheftall Professor 223036 0 0 0 0 0 15916 0 9393 0 248345 0 0 0 Marionette Holmes Professor 167531 0 0 0 0 0 7668 0 10173 0 185372 0 0 0 Rhonda Honegan Director of Investment 234946 0 0 0 0 0 16773 0 22936 0 274655 0 0 0 Robert D Flanigan JR Chief Investment Officer & Treasurer 388756 0 0 0 0 0 18266 0 4966 0 411988 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use SOCIAL CLUB DUES WERE PAID FOR DR. SCHMIDT-CAMPBELL IN THE AMOUNT OF $5,941. THE VALUE OF THESE DUES WAS NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 1a Health or social club dues or initiation fees HOUSING VALUED AT $36,584 WAS PROVIDED TO DR. SCHMIDT-CAMPBELL. THE VALUE OF THE HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 1a Personal services A DRIVER WAS PROVIDED TO SCHMIDT-CAMPBELL. THE VALUE WAS NOT TREATED AS TAXABLE COMPENSATION AS THE SERVICE WAS ONLY PROVIDED TO CONDUCT SPELMAN COLLEGE RELATED BUSINESS. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PRESIDENT'S OTHER REPORTABLE COMPENSATION SPELMAN COLLEGE PROVIDES CERTAIN EXECUTIVES A SUPPLEMENTAL RETIREMENT PROGRAM. THE PROGRAM IS DEFINED AS DEFERRED COMPENSATION UNDER THE IRC SECTION 457(F). THE UNVESTED ACCOUNT BALANCES ARE ASSETS OF THE ORGANIZATION AND ARE INCLUDED IN OTHER ASSETS, AND THE ACCRUED EXPENSE IS INCLUDED IN PENSION LIABILITY AND OTHER IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS. THE AMOUNTS REPORTED IN THE CURRENT YEAR'S DEFERRED COMPENSATION INCLUDES RECOGNITION OF PAST SERVICE. THE AMOUNTS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. ANY DEFERRED CONTRIBUTIONS TO THIS PLAN WILL BE REPORTED AGAIN AS REPORTABLE COMPENSATION IN THE YEAR PAID. FOR THE TAX YEAR ENDING JUNE 30, 2022, THERE WERE NO PAYOUTS OF 457(B) OR 457(F) FORFEITURE DEFERRED COMPENSATION. A PRIVATE COLLEGES & UNIVERSITIES AUTHORITY 581407790 74265LQB7 2003-01-30 30800673 See Part VI true false false B DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 3599002L0 2012-04-19 28349973 SEE PART VI false false false C DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 3599006W2 2015-04-21 60338401 SEE PART VI false false false A 12770000 17010000 31540044 1174957 491087 23660980 6213020 2007 false true true true B 23145000 28349973 460658 27889315 2012 true true true true C 1625000 60338401 655536 59682865 2017 false true true true A 0.0 B false false true true false 0.0 true false true C false false true true false 0.0 true false true A false false false true false false false true true B false false false true false false false false true C false false false true false false false false true A true B true C true Schedule K, Part I, Column (f) PRIVATE COLLEGES & UNIVERSITIES AUTHORITY: A-1. CONSTRUCTION, RENOVATIONS AND EQUIPPING OF COLLEGE FACILITIES; 2003 PROCEEDS USED: $23,660,980. A-2. ADVANCE REFUNDING OF A PORTION OF PRIVATE COLLEGE AND UNIVERSITIES REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1994, ISSUANCE DATE: JULY 21, 1994; 2003 PROCEEDS USED: $6,213,020. THE REMAINING OUTSTANDING 2003 BONDS ARE ALLOCABLE TO THE 1994 REFUNDING. BECAUSE THE OUTSTANDING 2003 ARE ALLOCABLE TO A PRE-2003 BOND ISSUE, PART III HAS NOT BEEN COMPLETED. DEVELOPMENT AUTHORITY OF FULTON COUNTY: B-1. ADVANCE REFUNDING OF A PORTION OF PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY SPELMAN COLLEGE REVENUE BONDS, SERIES 2003. ISSUANCE DATE: JANUARY 30, 2003; PROCEEDS USED - $18,272,757 B-2. CURRENT REFUNDING OF A COMMERCIAL NOTE, DATED OCTOBER 29, 2008; PROCEEDS USED - $6,424,005; ISSUED TO FUND COSTS OF A NEW DORMITORY, CAMPUS LANDSCAPE PROJECTS, AND CAMPUS INFRASTRUCTURE. B-3. CURRENT REFUNDING OF A COMMERCIAL NOTE, DATED FEBRUARY 28, 2010; PROCEEDS USED - $3,192,547; ISSUED TO ACQUIRE LAND FOR CAMPUS EXPANSION. C. - ADVANCE REFUNDING OF A PORTION OF THE DEVELOPMENT AUTHORITY OF FULTON COUNTY SPELMAN COLLEGE REVENUE BONDS, SERIES 2007; ISSUANCE DATE: MARCH 21, 2007; PROCEEDS USED $59,682,865. Schedule K, Part II, Line 3 Column A TOTAL PROCEEDS DO NOT MATCH ISSUE PRICE DUE TO INVESTMENT EARNINGS. Schedule K, Part III Column A A - PART III HAS NOT BEEN COMPLETED AS THE OUTSTANDING 2003 BONDS ARE ALLOCABLE TO THE REFUNDING OF SERIES 1994 BONDS AND SECTION III IS NOT REQUIRED TO BE COMPLETED FOR REFUNDINGS OF PRE-2003 BONDS. Schedule K, Part IV, Line 2c COLUMN A Issuer name: PRIVATE COLLEGES & UNIVERSITIES AUTHORITY The calculation for computing no rebate due was performed on 06/01/2022 Schedule K, Part IV, Line 2c COLUMN B Issuer name: DEVELOPMENT AUTHORITY OF FULTON COUNTY The calculation for computing no rebate due was performed on 04/19/2022 Schedule K, Part IV, Line 2c COLUMN C Issuer name: DEVELOPMENT AUTHORITY OF FULTON COUNTY The calculation for computing no rebate due was performed on 04/01/2020 X 58 27963662 Market value X 1 1166 Market value X STEINWAY GRAND PIANO 1 11000 Market value X 2,400 CUSTOM PRINTED HARDCOVER NOTEBOOKS 1 10500 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF CONTRIBUTIONS OF NONCASH PROPERTY Other - STEINWAY GRAND PIANO - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF CONTRIBUTIONS OF NONCASH PROPERTY Other - 2,400 CUSTOM PRINTED HARDCOVER NOTEBOOKS - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF CONTRIBUTIONS OF NONCASH PROPERTY Food inventory - THE NUMBER REFLECTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF CONTRIBUTIONS OF NONCASH PROPERTY Form 990, Part III, Line 1 SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES, AND THE INTELLECTUAL, CREATIVE, ETHICAL AND LEADERSHIP DEVELOPMENT OF ITS STUDENTS. SPELMAN EMPOWERS THE WHOLE PERSON TO ENGAGE THE MANY CULTURES OF THE WORLD AND INSPIRES A COMMITMENT TO POSITIVE SOCIAL CHANGE. Form 990, Part III, Line 4d Description of other program services (Expenses $ 280,658 including grants of $ 0)(Revenue $ 0) PUBLIC SERVICE Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL AND OF OTHER OFFICERS OR KEY EMPLOYEES THE COMPENSATION OF THE COLLEGE'S PRESIDENT IS DETERMINED AS FOLLOWS: COMPARABILITY STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTANT. IT IS THE COLLEGE'S GOAL THAT THE PRESIDENT'S COMPENSATION BE IN THE 50TH-75TH PERCENTILE OF THE COLLEGES AND UNIVERSITIES USED IN THE COMPARABILITY SURVEY. THE EXECUTIVE COMMITTEE OF THE BOARD APPROVES THE PRESIDENT'S COMPENSATION. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. THE PRESIDENT RECOMMENDS THE COMPENSATION FOR THESE INDIVIDUALS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION. FOR THESE INDIVIDUALS, COMPENSATION STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY FIRM OR THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. Form 990, Part VI, Line 11b Review of form 990 by governing body A REPRESENTATIVE OF ERNST & YOUNG, U.S. LLP WILL PRESENT THE 990 TO THE BUDGET AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BUDGET AND FINANCE COMMITTEE WILL PRESENT THE DRAFT 990 TO THE FULL BOARD OF TRUSTEES. THE FINAL COPY OF THE 990 WILL BE PLACED ON THE TRUSTEES' INTRANET FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE UPON THEIR INITIAL HIRING. THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK. IF HUMAN RESOURCES BECOMES AWARE OF A CONFLICT, THE EMPLOYEE IS NOTIFIED AND REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT, WHICH IS FILED IN THE EMPLOYEE'S PERSONNEL FILE. ALL TRUSTEES, BOARD REPRESENTATIVES AND SENIOR TEAM MEMBERS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED AND A SUMMARY IS PROVIDED TO THE SECRETARY OF THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public SPELMAN COLLEGE MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. SPELMAN COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. HOWEVER, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue All other revenue - Total Revenue: 446616, Related or Exempt Function Revenue: 446616, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Expenses NET INVESTMENT LOSS - Total Expense: 2850463, Program Service Expense: 0, Management and General Expenses: 2850463, Fundraising Expenses: 0; EMERGENCY FUNDS - Total Expense: 4313165, Program Service Expense: 4313165, Management and General Expenses: 0, Fundraising Expenses: 0; PANDEMIC EXPENSES - Total Expense: 2442582, Program Service Expense: 945634, Management and General Expenses: 1496948, Fundraising Expenses: 0; OTHER - Total Expense: 6575831, Program Service Expense: 3258986, Management and General Expenses: 3316845, Fundraising Expenses: 0; SPELMAN COLLEGE SPECIAL VENTURES FUND 350 SPELMAN LANE SW ATLANTA GA 30314 581561343 INVESTMENTS GA 501(c)(3) Type I SPELMAN COLLEGE true ATLANTA UNIVERSITY CENTER CONSORTIUM 156 MILDRED STREET SW ATLANTA GA 30314 200950177 SUPPORTING ORGANIZATION GA 501(c)(3) Type II NA false false false true false false false false false false false false false false true false false false false true SPELMAN COLLEGE SPECIAL VENTURES FUND S 65774735 COST