2025-05-08T19:16:17-05:00 2024-06-30 263753134 CBIZ ADVISORS LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2023-07-01 231365954 DICKINSON COLLEGE DICK 7172451943 PO BOX 1773 CARLISLE PA 170132896 DAVID S WALKER VP FIN & ADMIN/TREASURER 7172451943 2025-05-08 1 1 CRAIG KLEIN P00734640 6177610600 2023 2025-03-06 01:10:19Z JOHN E JONES III PO BOX 1773 CARLISLE PA 170132896 364548950 0 X WWW.DICKINSON.EDU X 1783 PA SEE SCHEDULE O.DICKINSON COLLEGE, FOUNDED IN 1783, IS A HIGHLY SELECTIVE, PRIVATE RESIDENTIAL LIBERAL ARTS COLLEGE KNOWN FOR ITS INNOVATIVE CURRICULUM. FOR MORE THAN TWO CENTURIES, DICKINSON HAS EMBRACED THE VISION OF AN EVER-EVOLVING EDUCATION, AN EDUCATION THAT PREPARES RISING GENERATIONS FOR SUCCESSFUL, ACTIVE, INFORMED LIVES AS GLOBAL LEADERS. 39 39 2307 1444 2066986 0 20714987 28508676 162603694 175900753 37071442 37942585 1195752 2108867 221585875 244460881 72163768 81472890 0 0 76627248 80402899 39700 58925 6214777 51899404 58124571 200730120 220059285 20855755 24401596 873419056 914046349 158180979 152977891 715238077 761068458 X DICKINSON COLLEGE PROVIDES A USEFUL, INNOVATIVE AND INTERDISCIPLINARY EDUCATION IN THE LIBERAL ARTS AND SCIENCES TO PREPARE STUDENTS TO LEAD RICH AND FULFILLING LIVES OF ENGAGED GLOBAL CITIZENSHIP. 0 0 164314735 79959362 137589304 EDUCATING STUDENTS - DICKINSON COLLEGE IS COMMITTED TO MAKING A TOP-TIER EDUCATION IN THE LIBERAL ARTS AND SCIENCES ACCESSIBLE REGARDLESS OF FAMILIES' ECONOMIC MEANS. ALL ADMITTED STUDENTS FROM THE MOST RECENT ENTERING CLASS, WHO DEMONSTRATED FINANCIAL NEED AND WHO MET APPLICATION DEADLINES, WERE OFFERED AID. IN 2023-24, DICKINSON STUDENTS RECEIVED AN ESTIMATED $101,368,699 IN FINANCIAL AID, OF WHICH $84,955,014 WAS PROVIDED FROM THE COLLEGE'S FUNDS. STATE AND FEDERAL AID PROGRAMS, PARENT LOANS AND OTHER OUTSIDE SOURCES PROVIDED THE REMAINING FUNDS. CONTINUED ON SCHEDULE OIN FALL 2023, THE COLLEGE EMPLOYED 220 FULL-TIME EQUIVALENT FACULTY. 90% OF FULL-TIME FACULTY MEMBERS HOLD A DOCTORATE OR OTHER TERMINAL DEGREE. OF THIS GROUP, FULL PROFESSORS COMPRISED 26%, ASSOCIATE PROFESSORS 36%, ASSISTANT PROFESSORS 32%, AND INSTRUCTORS 6%. THE STUDENT-TO-FACULTY RATIO FOR FALL 2023 WAS 9:1. TO SUPPORT ITS ACADEMIC, STUDENT LIFE AND AUXILIARY PROGRAMS, THE COLLEGE ALSO EMPLOYS 314 PROFESSIONAL ADMINISTRATIVE STAFF PERSONNEL (ALL FT) AND 318 SUPPORT STAFF PERSONNEL (274 FT; 44 PT). DICKINSON CONTINUES TO RECEIVE FAVORABLE AND FREQUENT MEDIA ATTENTION AND ATTRACT GREATER LEVELS OF STUDENT INTEREST EACH YEAR. AS THE NUMBER OF APPLICATIONS AND THE QUALITY OF RECENT ENTERING CLASSES DEMONSTRATE, DICKINSON HAS A SECURE NATIONAL AND INTERNATIONAL REPUTATION AS A TOP-QUALITY LIBERAL ARTS COLLEGE. THE INCREASED LEVEL OF INTEREST THE COLLEGE HAS SEEN IN RECENT YEARS PUTS THE COLLEGE IN A GOOD POSITION TO CONTINUE TO ANALYZE AND BETTER UNDERSTAND THE PROFILE OF STUDENTS WHO ENROLL AND REMAIN AT DICKINSON IN ORDER TO IMPROVE SELECTIVITY, YIELD AND RETENTION.2,204 STUDENTS WERE ENROLLED FOR FALL 2023, INCLUDING 212 STUDENTS STUDYING OFF-CAMPUS AT THE COLLEGE'S CENTERS IN THE U.S. AND ABROAD. FOR FALL 2023, STUDENTS CAME FROM 43 U.S. STATES AND TERRITORIES AND 44 FOREIGN COUNTRIES. THE OFFICE OF ADMISSIONS ADMITTED 3,095 FIRST-YEAR STUDENTS REFLECTING AN ACCEPTANCE RATE OF 43%. FIRST-YEAR ENROLLMENT FIGURES REFLECT THE COLLEGE'S ONGOING COMMITMENT TO ACADEMIC QUALITY (54% RANKED TOP 10% OF CLASS). THE 1-YEAR RETENTION RATE WAS 92%, AND 76% OF ENTERING FIRST-YEAR STUDENTS GRADUATED WITHIN FOUR YEARS. DICKINSON STUDENTS MAY SELECT EITHER OF TWO BROAD DEGREE ORIENTATIONS WITHIN THE CURRICULUM: THE BACHELOR OF ARTS OR THE BACHELOR OF SCIENCE DEGREE. GENERAL EDUCATION REQUIREMENTS ARE THE SAME IN EITHER CASE; ONLY STUDENTS WITH THE CONCENTRATION IN ONE OF THE NATURAL OR MATHEMATICAL SCIENCES MAY BE CANDIDATES FOR THE BACHELOR OF SCIENCE DEGREE. COURSES ARE OFFERED IN TWO SEMESTERS, EACH COMPRISING 14 WEEKS OF CLASSES FOLLOWED BY FINAL EXAMINATIONS. THE FALL SEMESTER BEGINS IN LATE AUGUST AND CONCLUDES IN DECEMBER. STUDENTS HAVE A READING PERIOD AT THE END OF CLASSES IN WHICH TO PREPARE FOR THE FINAL EXAMINATIONS AND PAPERS WHICH ARE SCHEDULED DURING THE SUBSEQUENT WEEK. SPRING SEMESTER BEGINS NEAR THE END OF JANUARY AND RUNS THROUGH MID-MAY, FOLLOWING THE SAME PATTERN OF CLASSES AND EXAMINATIONS AS THE FALL SEMESTER. SEEKING A BALANCE BETWEEN THE FULL BREADTH OF LIBERAL LEARNING AND DEPTH REPRESENTED BY ONE DISCIPLINED APPROACH TO KNOWLEDGE, EACH DICKINSON STUDENT IS REQUIRED TO TAKE A MINIMUM OF 32 COURSES, COMPLETE A SERIES OF ALL-COLLEGE REQUIREMENTS, AND SELECT A MAJOR CONCENTRATION. GENERAL REQUIREMENTS FOR THE DEGREE INCLUDE A FIRST-YEAR SEMINAR, ONE "WRITING IN THE DISCIPLINE" COURSE AND ONE "QUANTITATIVE REASONING" COURSE. ADDITIONAL REQUIREMENTS FOR GRADUATION INCLUDE DISTRIBUTION COURSES (AT LEAST ONE COURSE IN THE ARTS, HUMANITIES, SOCIAL SCIENCES AND LABORATORY SCIENCE), CROSS-CULTURAL STUDIES, AND ONE COURSE IN SUSTAINABILITY.DICKINSON OFFERS A RICH CURRICULUM, INCLUDING THE EXPLORATION OF NEW FIELDS OF STUDY (RECENT INTRODUCTION OF A MAJOR IN DATA ANALYTICS AND A MINOR IN ETHICS ARE EXAMPLES). SOME OF THE COLLEGE'S RECENT ACCOMPLISHMENTS INCLUDE:- SUBSTANTIAL FOUNDING DONOR INVESTMENTS TO ESTABLISH THE BURGESS INSTITUTE FOR THE GLOBAL ECONOMY, WHICH WILL PROVIDE DICKINSON STUDENTS FROM ACROSS ALL MAJORS WITH NEW OR REDESIGNED COURSES, PRACTICAL LEARNING EXPERIENCES, MENTORSHIPS, INTERNSHIPS, AND EXTENSIVE NETWORKING OPPORTUNITIES TO BETTER PREPARE THEM FOR CAREERS IN FINANCE, BANKING, ECONOMICS, BUSINESS AND RELATED FIELDS. THE INSTITUTE IS BUILDING ON ITS ALREADY STRONG MAJORS IN INTERNATIONAL BUSINESS & MANAGEMENT AND ECONOMICS AS WELL AS TAPPING THE EXPERTISE OF ITS ALUMNI AND PARENTS TO FURTHER DEVELOP BUSINESS AND LEADERSHIP SKILLS IN ITS STUDENTS. - THE COLLEGE HAS REACHED THE $70 MILLION MARK IN ITS $75 MILLION CAMPAIGN FOR SCHOLARSHIPS. - THE COLLEGE OFFICIALLY OPENED THE JOHN M. PAZ '78 ALUMNI & FAMILY CENTER, AN ENTIRELY DONOR-FUNDED INITIATIVE SUPPORTED BY MORE THAN 1,000 ALUMNI DONORS. THIS IS A DEDICATED SPACE FOR ALUMNI AND PARENTS TO GATHER AND INTERACT WITH STUDENTS, FACULTY AND ADMINISTRATORS. IT INCLUDES EVENT SPACE AND SIX GUEST SUITES THAT ARE GENERATING NEW REVENUE WHILE ALSO SIGNIFICANTLY INCREASING ALUMNI AND FAMILY ENGAGEMENT ON CAMPUS. 30752844 1513528 40259926 AUXILIARY SERVICES - AUXILIARY SERVICES PROVIDED BY THE COLLEGE INCLUDE HOUSING AND DINING SERVICES, CAMPUS STORES, AND OTHER SERVICES PROVIDED TO SUPPORT STUDENTS AND EMPLOYEES. 195067579 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 X 2934 0 1 2307 1 1 1 1 FR GM IT NZ SP UK 0 0 0 0 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO MA MD MI NH PA WA X X DAVID S WALKER VP FIN & ADMIN 7172451943 230 WEST LOUTHER STREET CARLISLE PA 17013 DOUGLAS J PAULS TRUSTEE/CHAIR 10.00 X X 0 0 0 RUTH A FERGUSON TRUSTEE/VICE CHAIR 6.00 X X 0 0 0 NEAL B ABRAHAM TRUSTEE 2.00 X 0 0 0 WILLIAM S AMICK TRUSTEE 2.00 X 0 0 0 PETER J ANDERSON TRUSTEE 2.00 X 0 0 0 GRETCHEN E BRIGDEN TRUSTEE 2.00 X 0 0 0 MARK S BURGESS TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 MIKE L CAPONE TRUSTEE 2.00 X 0 0 0 VALERIA E CARRANZA TRUSTEE 2.00 X 0 0 0 LAURA I COLONY TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 ERIC J FENNEL TRUSTEE 2.00 X 0 0 0 JOHN B FRISCH TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 HOLCOMBE T GREEN III TRUSTEE 2.00 X 0 0 0 GEORGE V HAGER JR TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 THOMAS W HARE TRUSTEE 2.00 X 0 0 0 FRANK E JAMES III TRUSTEE 2.00 X 0 0 0 JULIE I JOHNSON TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 THOMAS L KALARIS TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 BRIAN E KAMOIE TRUSTEE 2.00 X 0 0 0 MARK I LEHMAN TRUSTEE 2.00 X 0 0 0 STUART I MATHEWS TRUSTEE 2.00 X 0 0 0 SUSAN M MILLER TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 WILLIAM L MUELLER TRUSTEE 2.00 X 0 0 0 AMY L NAUIOKAS TRUSTEE 2.00 X 0 0 0 ELIZABETH E NEEDHAM TRUSTEE 2.00 X 0 0 0 JORDYN H NEY TRUSTEE 2.00 X 0 0 0 DARRELL I PACHECO TRUSTEE 2.00 X 0 0 0 YOUNG K PARK TRUSTEE 2.00 X 0 0 0 DAISHEAU L PLAYER TRUSTEE 2.00 X 0 0 0 JENNIFER WARD REYNOLDS TRUSTEE 2.00 X 0 0 0 RF RICK SHANGRAW JR TRUSTEE 2.00 X 0 0 0 VINCENT VINCE SHEEHY IV TRUSTEE 2.00 X 0 0 0 LISA E SHERMAN TRUSTEE 2.00 X 0 0 0 CHARLES H SILVERMAN TRUSTEE 2.00 X 0 0 0 STEPHEN M SMITH TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 CYNTHIA R STITES TRUSTEE 2.00 X 0 0 0 BERNADETTE M STOUT TRUSTEE 2.00 X 0 0 0 ROBERT T SYMINGTON TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 FLOSHA TEJADA TRUSTEE 2.00 X 0 0 0 JOHN E JONES III PRESIDENT 40.00 X 507468 0 57356 DAVID S WALKER VICE PRESIDENT & TREASURER 40.00 X 256720 0 58278 SEAN M WITTE ASSOC VICE PRESIDENT & ASST TREASURER 40.00 X 184342 0 18155 KAREN NEELY FARYNIAK CHIEF OF STAFF & SECRETARY 40.00 X 172725 0 37243 JENNIFER R LOVE ASST CHF STAFF & ASST SECRETARY 40.00 X 59755 0 23301 CARLO S ROBUSTELLI VICE PRESIDENT 40.00 X 219779 0 40735 CATHERINE MCDONALD DAVENPORT VICE PRESIDENT 40.00 X 210084 0 29773 VINCENT CHAMPION VICE PRESIDENT 40.00 X 195469 0 19635 CONSTANCE MCNAMARA JEFFREY VICE PRESIDENT 40.00 X 192606 0 34139 TONY D BOSTON VICE PRESIDENT 40.00 X 189365 0 30036 GEORGE H STROUD VICE PRESIDENT 40.00 X 187464 0 46614 DEBRA F HARGROVE VICE PRESIDENT 40.00 X 183983 0 20287 JILL M FORRESTER VICE PRESIDENT 40.00 X 173779 0 26903 KENNETH E SHULTES ASSOCIATE VICE PRESIDENT 40.00 X 197487 0 52040 KRISTEN KOSTECKY ASSOCIATE VICE PRESIDENT 40.00 X 195317 0 26289 ROBERT P BECKELHEIMER JR ASSOCIATE VICE PRESIDENT 40.00 X 170710 0 24968 JOHN H HENSON PROFESSOR 40.00 X 159966 0 31254 CORNELIUS LEARY ASSOCIATE PROVOST 40.00 X 157082 0 35411 NEIL B WEISSMAN FORMER PROVOST (1/1-6/30/23) 40.00 X 263765 0 43175 3877866 0 655592 92 1 1 0 BENCHMARK CONSTRUCTION COMPANY INC 4121 OREGON PIKE BROWNSTOWN PA 17508 CONSTRUCTION 2610043 WAGMAN CONSTRUCTION INC 3290 N SUSQUEHANNA TRAIL YORK PA 174069574 CONSTRUCTION 1984050 ARCHITECTURE RESEARCH OFFICE 1 WILLOUGHBY SQUARE SUITE 1200 BROOKLYN NY 11201 ARCHITECTURE 1568671 FONDEN DIS VESTERGADE 7 COPENHAGEN DENMARK DA 1456 STUDY ABROAD TUITION AND FEES 1357925 EAB 2445 M ST NW WASHINGTON DC 20037 CONSULTING 693715 31 208604 2255210 26044862 8926399 28508676 TUITION AND FEES 900099 135175837 135175837 ROOM AND BOARD 721310 34993120 34993120 OTHER AUXILIARY SERVIC 721000 5427196 5266806 151705 8685 OTHER STUDENT FEES 900099 207586 207586 PROGRAM-RELATED INVEST 523000 97014 97014 175900753 4911411 1915281 2996130 19194 19194 153088847 11202 119497372 590697 33591475 -579495 33011980 33011980 OTHER REVENUES 900099 2108867 2108867 2108867 244460881 177849230 2066986 36035989 96100 96100 74202761 74202761 7174029 7174029 3354756 218920 2867506 268330 56328340 47773576 5393904 3160860 3877948 3227798 407397 242753 12710885 10513181 1560089 637615 4130970 3329639 557158 244173 181324 181324 211507 357 211150 58925 58925 2137134 2137134 3249236 2675649 502434 71153 331322 34051 296566 705 5443947 4902420 249577 291950 2297239 295573 1851760 149906 9086781 7500926 1464128 121727 3079414 2521181 255043 303190 828347 732430 55215 40702 4827094 4827094 10730243 10304211 255778 170254 946397 908822 22559 15016 FOOD AND ENTERTAINMENT 5091144 4567377 139174 384593 TUITION 4530176 4530176 0 0 REPAIRS AND MAINTENANCE 2882798 2863752 18763 283 BOOKSTORE 318949 318949 0 0 1951519 1548607 350270 52642 220059285 195067579 18776929 6214777 34959 23620 9176469 13540611 27098819 29008336 4099136 3398638 0 0 0 0 382775 302543 1800862 1740695 1892089 1961702 406440314 205156447 200762453 201283867 68185685 70964430 544547786 579724537 6405764 6713316 0 0 9032259 5384054 873419056 914046349 14137363 15125115 0 0 4114307 3568610 130898289 126137591 3815196 3665411 0 0 0 0 632795 483126 4583029 3998038 158180979 152977891 X 433799043 471234978 281439034 289833480 715238077 761068458 873419056 914046349 24401596 21428785 0 X 0 1 X 1 1 1 X 14046918 20775177 30971206 20714987 28508676 115016964 0 0 0 0 0 0 0 0 0 0 14046918 20775177 30971206 20714987 28508676 115016964 29169590 85847374 1392716 1135511 1995832 5635355 3013921 13173335 0 0 535077 80172 1522454 2137703 490691 604452 2273333 3368476 133696478 763177589 0.64210 0.67710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 490,691. 2020 AMOUNT: $ 604,452. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. GAIN ON EXTING OF DEBT - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 2,273,333. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: THE COLLEGE DOES NOT DIRECTLY ENGAGE IN LOBBYING ACTIVITY. HOWEVER, A PORTION OF THE DUES PAID TO PROFESSIONAL ORGANIZATIONS MAY BE USED FOR LOBBYING ON BEHALF OF MEMBER INSTITUTIONS. 196740 3130503 X X X 0 0 1 X 618653133 21252591 55709283 10855617 12949197 3860449 667949744 625256155 3359604 14272057 9522433 11182355 3529895 618653133 629974955 20155176 -2021593 9052007 10648083 3152293 625256155 472755529 3919138 174755606 8454819 10049093 2951406 629974955 482115376 3038827 8241959 8016104 9790049 2834480 472755529 0.57895 0.22792 0.19312 1 1 1 6028963 11406495 17435458 339884882 174947884 164936998 3062052 1727308 1334744 25627314 22716164 2911150 20430608 5765091 14665517 201283867 HEDGE FUNDS 242148559 F PRIVATE EQUITY FUNDS 282529027 F FUNDS HELD IN TRUSTS BY OTHERS 55046951 F 579724537 ANNUITIES PAYABLE 2355398 U.S. GOVERNMENT ADVANCES REFUNDABLE 326975 OBLIGATIONS UNDER CAPITAL LEASES 1315665 3998038 X 183594230 21428785 -80158302 -58729517 242323747 2137134 2137134 244460881 137763849 1483976 1483976 136279873 2137134 81642278 83779412 220059285 PART III, LINE 4: THE EMIL R. WEISS CENTER FOR THE ARTS HOUSES THE TROUT GALLERY, WHICH IS USED FOR A VARIETY OF EXHIBITIONS, LECTURES, AND DEMONSTRATIONS RELATING TO THE COLLEGE'S FINE ARTS COLLECTION. THE TROUT GALLERY SERVES AS A CONTINUOUS DISPLAY OF ART EXHIBITS AND IS LOCATED IN SUCH AN AREA OF THE CAMPUS SO AS TO STIMULATE GENERAL STUDENT INTEREST AND BE A SERVICE TO THE HUMANITIES. PART IV, LINE 2B: FUNDS HELD IN CUSTODY FOR OTHERS INCLUDE FUNDS RECEIVED FROM OFFICIALLY RECOGNIZED STUDENT ORGANIZATIONS AND OTHER ORGANIZATIONS SPECIFICALLY APPROVED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. RELATED ASSETS ARE REPORTED ON FORM 990, PART X AND ARE ACCOUNTED FOR IN A MANNER CONSISTENT WITH THE COLLEGE'S REPORTING SYSTEM. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,000 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING FINANCIAL AID, FACULTY SALARIES AND BENEFITS, LIBRARY RESOURCES, BUILDING MAINTENANCE, STUDENT LOANS AND OTHER PROGRAMMATIC SUPPORT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF FUNDS WITH DONOR RESTRICTION THAT THE COLLEGE MUST HOLD IN PERPETUITY OR FOR A DONOR SPECIFIED PERIOD, AS WELL AS BOARD DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE ENDOWMENT SPENDING RATE PLUS INFLATION, DEFINED AS THE CONSUMER PRICE INDEX PLUS 1%, WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. IN FY'24, SPENDING FROM THE ENDOWMENT PROVIDED APPROXIMATELY 18.5% OR $22.5 MILLION OF DICKINSON'S OPERATING BUDGET REVENUES, WITH ANOTHER $5.2 MILLION GOING TO RESTRICTED FUNDS. THE POOLED ENDOWMENT POSTED RETURNS OF 8.7% FOR THE FISCAL YEAR ENDED JUNE 30, 2024 AND HAS AVERAGED ANNUAL RETURNS OF 8.1% OVER THE PAST DECADE. DICKINSON'S LONG-TERM RETURNS REGULARLY PLACE THE COLLEGE AT OR NEAR THE TOP DECILE OF PEER PERFORMANCE ACCORDING TO THE NACUBO-TIAA STUDY OF ENDOWMENTS. PART X, LINE 2: THE COLLEGE HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. 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 PROVISIONS FOR INCOME TAXES HAVE BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2024 OR 2023. 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 JURISDICTION. 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: STUDENT AID OFFSETTING REVENUES IN CONSOLIDATED FINANCIAL STATEMENTS -81,642,278. L'ASSOCIATION DICKINSON EN FRANCE STUDY ABROAD PROGRAM 1,483,976. PART XII, LINE 2D - OTHER ADJUSTMENTS: L'ASSOCIATION DICKINSON EN FRANCE STUDY ABROAD PROGRAM 1,483,976. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID INCLUDED WITH GRANTS ON FORM 990 81,642,278. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE'S POLICY ON NONDISCRIMINATION IS INCLUDED IN ALL PRINTED SOLICITATION MATERIALS AND A LINK TO THE POLICY IS INCLUDED ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 BEYOND THE NUMEROUS INDIVIDUAL RESEARCH GRANTS AWARDED TO OUR FACULTY, DICKINSON COLLEGE HAS RECEIVED SEVERAL NATIONALLY COMPETITIVE INSTITUTIONAL AWARDS IN RECENT YEARS. THESE GRANTS ARE SIGNIFICANT NOT ONLY BECAUSE OF THE FUNDING THEY PROVIDE TO SUPPORT PEDAGOGICAL INNOVATION AND NEW PROGRAM INITIATIVES, BUT ALSO BECAUSE THEY PROVIDE EXTERNAL VALIDATION FOR THE EXCELLENCE OF OUR ACADEMIC ENTERPRISE. THEY REFLECT THE COLLEGE'S STRATEGIC VISION OF AN ACADEMIC CURRICULUM THAT COMBINES A STRONG COMMITMENT TO THE BEST TRADITIONS OF THE LIBERAL ARTS WITH A DESIRE TO INNOVATE AND INTRODUCE PROGRAMMING THAT SPEAKS TO CONTEMPORARY CONCERNS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 187250 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 157900 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 137015615 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 1119327 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 1403460 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH & DEVELOPMENT 1578 EUROPE (INCLUDING ICELAND & GREENLAND) 4 9 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 5044416 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 5162066 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RESEARCH & DEVELOPMENT 26886 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 212473 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 21075 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 22515 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 112930 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 96560 SOUTH AMERICA 1 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 204514 SOUTH AMERICA 0 0 GRANTMAKING 240948 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH & DEVELOPMENT 1273 SOUTH ASIA 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 56400 SOUTH ASIA 0 0 GRANTMAKING 31675 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 43000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 58905 4 10 1 2 5 12 150091612 1129154 151220766 INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD CENTRAL AMERICA AND THE CARIBBEAN 8 157900 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD EAST ASIA AND THE PACIFIC 66 1403460 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD EUROPE (INCLUDING ICELAND & GREENLAND) 246 5162066 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD MIDDLE EAST AND NORTH AFRICA 1 22515 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD RUSSIA AND NEIGHBORING STATES 4 96560 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD SOUTH ASIA 1 31675 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD SOUTH AMERICA 9 240948 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD SUB-SAHARAN AFRICA 2 58905 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER 1 0 1 1 1 0 PART I, LINE 2: THE COLLEGE'S INSTITUTIONAL METHODOLOGY USED TO DETERMINE ELIGIBILITY FOR GRANT FUNDS IS OUTLINED IN SCHEDULE I, PART IV. GRANT FUNDS PROVIDED TO INDIVIDUALS OUTSIDE OF THE UNITED STATES INCLUDE FINANCIAL AID AWARDS FOR STUDENTS STUDYING ABROAD. X X X X X X 1 LANGLEY INNOVATIONS LLC 1805 GREENSPRING PI UNIT 104 FREDERICK MD 21702 CONSULTING 0 0 28800 -28800 WEISWOOD STRATEGIES 114 FORREST AVENUE STE 1001 NARBERTH PA 19072 CONSULTING 0 0 30125 -30125 58925 -58925 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 BOROUGH OF CARLISLE 53 WEST SOUTH STREET CARLISLE PA 17013 236002842 GOVERNMENT 50000 0 PAYMENT IN LIEU OF TAXES DOWNTOWN CARLISLE ASSOCIATION 53 WEST SOUTH STREET CARLISLE PA 17013 232224862 501(C)(3) 40850 0 GENERAL SUPPORT 2 0 INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS 1777 74072478 OTHER NON-CASH CREDIT TO STUDENT ACCOUNTS ACADEMIC AWARDS AND FELLOWSHIPS FOR STUDENTS 83 30283 DONOR FUNDED PRIZE 1 100000 PART I, LINE 2: DURING 2023-24, 91% OF THE TOTAL DICKINSON STUDENT BODY RECEIVED FINANCIAL AID FROM THE COLLEGE. SINCE MOST OF THE COLLEGE'S GRANT AWARDS ARE MADE TO STUDENTS WITH DEMONSTRATED FINANCIAL NEED, THE MAJORITY OF THESE FUNDS SUPPLEMENTED THE CONTRIBUTION THAT ELIGIBLE FAMILIES MADE TOWARD TUITION, FEES, ROOM AND BOARD CHARGES. THE COLLEGE'S INSTITUTIONAL METHODOLOGY USED TO DETERMINE ELIGIBILITY FOR GRANT FUNDS CONSIDERS ADDITIONAL FACTORS BEYOND THE DATA ITEMS REQUESTED ON THE FAFSA. THESE INCLUDE (BUT ARE NOT LIMITED TO) HOME EQUITY, A CONTRIBUTION FROM THE NONCUSTODIAL PARENT, AND IN THE CASE OF A FAMILY WITH MORE THAN ONE STUDENT IN COLLEGE, AN EVALUATION OF THE ACTUAL COSTS INVOLVED IN SUPPORTING THE OTHER STUDENT(S). PARENTS IN COLLEGE AND SIBLINGS IN GRADUATE SCHOOL ARE NOT NORMALLY COUNTED AS OTHER FAMILY MEMBERS IN COLLEGE. DICKINSON EXPECTS EACH FINANCIAL AID RECIPIENT TO WORK DURING THE SUMMER AND CONTRIBUTE A MINIMUM OF $2,000 TOWARD COLLEGE COSTS. STUDENTS ARE ALSO EXPECTED TO CONTRIBUTE A PORTION OF THEIR ASSETS EACH YEAR FOR EDUCATIONAL EXPENSES. SOME STUDENTS RECEIVE EDUCATIONAL BENEFITS FROM GOVERNMENTAL AGENCIES SUCH AS THE VETERANS' ADMINISTRATION AND STATE BUREAUS OF VOCATIONAL REHABILITATION OR FROM PARENTS' EMPLOYERS IN THE FORM OF TUITION REMISSION. SUCH BENEFITS MUST BE TAKEN INTO CONSIDERATION WHEN DETERMINING THE FINANCIAL AID OFFER. THE FINANCIAL AID OFFER WILL LIST ALL THE FINANCIAL AID PROGRAMS FOR WHICH THE STUDENT IS ELIGIBLE. THE AMOUNT OF FINANCIAL AID THAT THE STUDENT RECEIVES FROM THESE PROGRAMS DEPENDS ON THE STUDENT'S CALCULATED NEED. THE AMOUNT OF DICKINSON GRANT AND SCHOLARSHIP AID MAY ALSO BE INFLUENCED BY THE ACADEMIC ACHIEVEMENT AND PROMISE OF THE APPLICANT. STUDENTS' FINANCIAL NEED IS RECALCULATED FOR EACH YEAR OF ATTENDANCE; AS A RESULT, AWARDED AMOUNTS OF NEED-BASED AID MAY VARY AS NEED CHANGES. THE COLLEGE ATTEMPTS TO MAINTAIN APPROXIMATELY THE SAME AMOUNT OF DICKINSON GRANT FUNDS FROM YEAR TO YEAR UNLESS FINANCIAL NEED CHANGES SIGNIFICANTLY. THE STUDENT SHOULD SUBMIT A PROFILE APPLICATION IF ADDITIONAL ASSISTANCE IS BEING REQUESTED AS A RESULT OF A CHANGE IN FAMILY CIRCUMSTANCES. SCHEDULE I, PART III GRANTS AND ASSISTANCE ARE APPLIED TO STUDENT ACCOUNTS AFTER THE START OF EACH SEMESTER OR TERM. DOMESTIC GRANTS AND ASSISTANCE TO INDIVIDUALS REPORTED ON SCHEDULE I INCLUDE FINANCIAL AID PROVIDED TO STUDENTS STUDYING AT THE MAIN CAMPUS IN CARLISLE OR AT OTHER DOMESTIC PROGRAM LOCATIONS. FOREIGN GRANTS AND ASSISTANCE TO INDIVIDUALS REPORTED ON SCHEDULE F INCLUDE FINANCIAL AID PROVIDED TO STUDENTS STUDYING ABROAD. X X X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 JOHN E JONES III PRESIDENT 470322 0 0 0 37146 0 27897 0 29459 0 564824 0 0 0 DAVID S WALKER VICE PRESIDENT & TREASURER 254251 0 0 0 2469 0 22311 0 35967 0 314998 0 0 0 NEIL B WEISSMAN FORMER PROVOST (1/1-6/30/23) 255224 0 0 0 8541 0 20279 0 22896 0 306940 0 0 0 CARLO S ROBUSTELLI VICE PRESIDENT 218645 0 0 0 1134 0 19260 0 21475 0 260514 0 0 0 KENNETH E SHULTES ASSOCIATE VICE PRESIDENT 194613 0 0 0 2874 0 17204 0 34836 0 249527 0 0 0 CATHERINE MCDONALD DAVENPORT VICE PRESIDENT 110626 0 0 0 99458 0 10071 0 19702 0 239857 0 0 0 GEORGE H STROUD VICE PRESIDENT 186501 0 0 0 963 0 17031 0 29583 0 234078 0 0 0 CONSTANCE MCNAMARA JEFFREY VICE PRESIDENT 189987 0 0 0 2619 0 16707 0 17432 0 226745 0 0 0 KRISTEN KOSTECKY ASSOCIATE VICE PRESIDENT 192687 0 0 0 2630 0 16564 0 9725 0 221606 0 0 0 TONY D BOSTON VICE PRESIDENT 188763 0 0 0 602 0 19127 0 10909 0 219401 0 0 0 VINCENT CHAMPION VICE PRESIDENT 194519 0 0 0 950 0 8630 0 11005 0 215104 0 0 0 KAREN NEELY FARYNIAK CHIEF OF STAFF & SECRETARY 170215 0 0 0 2510 0 15233 0 22010 0 209968 0 0 0 DEBRA F HARGROVE VICE PRESIDENT 183119 0 0 0 864 0 15841 0 4446 0 204270 0 0 0 SEAN M WITTE ASSOC VICE PRESIDENT & ASST TREASURE 183438 0 0 0 904 0 15671 0 2484 0 202497 0 0 0 JILL M FORRESTER VICE PRESIDENT 172455 0 0 0 1324 0 15032 0 11871 0 200682 0 0 0 ROBERT P BECKELHEIMER JR ASSOCIATE VICE PRESIDENT 167075 0 0 0 3635 0 14464 0 10504 0 195678 0 0 0 CORNELIUS LEARY ASSOCIATE PROVOST 153004 0 0 0 4078 0 13842 0 21569 0 192493 0 0 0 JOHN H HENSON PROFESSOR 129113 0 0 0 30853 0 11636 0 19618 0 191220 0 0 0 PART I, LINE 1A IN ACCORDANCE WITH THE COLLEGE'S TRAVEL POLICY, AN EXCEPTION TO STANDARD FARE AIR TRAVEL EXISTS FOR INTERNATIONAL TRAVEL WITH AIRTIME OVER SIX HOURS WITH PRIOR APPROVAL. THE PRESIDENT'S SPOUSE SERVES AS AN AMBASSADOR FOR THE COLLEGE AND FULFILLS A KEY ROLE BY PARTICIPATING IN COLLEGE ADVANCEMENT AND FUNDRAISING EFFORTS. TRAVEL RELATED TO THIS FUNCTION WAS REIMBURSED IN ACCORDANCE WITH THE COLLEGE'S WRITTEN PROCUREMENT GUIDELINES. HOWEVER, THE COLLEGE HAS TAKEN A CONSERVATIVE APPROACH BY REPORTING ALL SPOUSAL TRAVEL AS TAXABLE INCOME AND PROVIDING A GROSS-UP PAYMENT TO THE PRESIDENT TO COVER THE TAX EFFECTS OF THE ADDITIONAL REPORTABLE COMPENSATION. COLLEGE OWNED HOUSING IS PROVIDED TO THE PRESIDENT AS A CONDITION OF EMPLOYMENT. THE PRESIDENT'S HOUSE MANAGER IS RESPONSIBLE FOR KEEPING THE HOUSE SECURE, WELL-MAINTAINED, AND PHYSICALLY AND AESTHETICALLY COMFORTABLE FOR THE RESIDENTS AND VISITORS. THIS PART-TIME POSITION IS ALSO RESPONSIBLE FOR SUPERVISING HOUSEKEEPERS, PROJECT CREWS, CATERING CREWS, OUTSIDE VENDORS PERFORMING WORK ON THE PROPERTY AND IN THE HOUSE, AND HOME REPAIR AND IMPROVEMENT CREWS. THE FAIR VALUE OF HOUSING AND RELATED SERVICES ARE REPORTED IN COLUMN (D) AS NONTAXABLE COMPENSATION IN PART II FOR THE PRESIDENT. PART I, LINE 4A CATHERINE MCDONALD DAVENPORT: $95,500 A CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614KD0 2016-03-31 47842881 REFINANCING SERIES 2006 AND PARTIAL SERIES 2007 0 0 0 B CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614LH0 2017-02-15 35125731 REFINANCING PARTIAL SERIES 2007 AND CONSTRUCTION 0 0 0 C CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614MF3 2017-12-27 10876429 REFINANCING SERIES 2009 0 0 0 D CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614MQ9 2018-02-27 10806732 REFINANCING SERIES 2008 0 0 0 A 47842880 47503693 338853 334 2016 1 1 1 1 B 35335798 12796588 315593 22210068 13551 2021 1 0 1 1 C 10876429 10661490 214939 2017 0 1 1 1 D 10806732 10690354 113567 2811 2018 1 0 1 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2024 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/15/2024 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/27/2023 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/27/2024 ISSUER NAME: NATIONAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/28/2024 ISSUER NAME: NATIONAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/04/2024 SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF CERTAIN ISSUANCES DIFFER FROM THE ISSUE PRICE DUE TO ACCRUED INTEREST RECEIVED AT CLOSING, INVESTMENT EARNINGS ON FUNDS HELD BY THE TRUSTEE, OR A COMBINATION THEREOF. A NATIONAL FINANCE AUTHORITY 521304598 63607YAW0 2022-04-28 16022016 CONSTRUCTION 0 0 0 B NATIONAL FINANCE AUTHORITY 521304598 63607YBE9 2022-08-04 32530567 REFINANCING SERIES 2012 0 0 0 A 16448478 867547 171229 15407853 1849 2024 1 0 1 1 B 32530567 32179875 345807 4887 2023 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 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 X 1 190540 APPRAISED VALUE X 37 841435 FAIR MARKET VALUE X 1 7888224 NET ASSET VALUE X MUSICAL INSTRUMENT 1 6200 APPRAISED VALUE 20 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IN PART I, COLUMN (B) IS BASED ON THE NUMBER OF DONATIONS TO THE COLLEGE, AS OPPOSED TO THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: THE BANK OF NEW YORK MELLON PROCESSES AND SELLS STOCK GIFTS RECEIVED BY THE COLLEGE. FORM 990, PART I, LINE 6 1,444 INDIVIDUALS PROVIDED VOLUNTEER SERVICES FOR THE COLLEGE ON A PART-TIME BASIS DURING FISCAL YEAR 2023-24. IN ADDITION TO MEMBERS OF THE BOARD OF TRUSTEES, THE DICKINSON VOLUNTEER NETWORK INCLUDES OPPORTUNITIES IN ADMISSIONS, ADVANCEMENT, COLLEGE RELATIONS AND THE CAREER CENTER. FORM 990, PART V, LINE 1A THE TOTAL NUMBER OF FORMS SUBMITTED INCLUDES 1098-T (2,582), 1099-K (1), 1099-MISC (83), 1099-R (24), AND 1099-NEC (244). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ASSISTANT CONTROLLER IN CONSULTATION WITH VARIOUS DEPARTMENTS ON CAMPUS. THE DRAFT 990 IS PRESENTED TO THE AVP OF FINANCE AND THE VP FOR FINANCE AND ADMINISTRATION, ALONG WITH THE COLLEGE'S TAX REVIEWERS AT CBIZ ADVISORS LLC. UPON COMPLETION OF THE REVIEW AND ASSOCIATED REVISIONS, THE DRAFT 990 IS REVIEWED WITH THE BOARD OF TRUSTEES COMMITTEE ON ENTERPRISE RISK MANAGEMENT VIA CONFERENCE CALL (AN ELECTRONIC COPY OF THE DRAFT IS PROVIDED TO EACH COMMITTEE MEMBER PRIOR TO THE CALL). THE FINAL DRAFT 990 IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD VIA THE TRUSTEE WEBSITE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, OR DESIGNATED PERSON IS EXPECTED TO REPORT PROMPTLY TO THE PRESIDENT OF THE COLLEGE OR TO THE CHAIRMAN OF THE BOARD OF TRUSTEES THE EXISTENCE OF ANY BUSINESS RELATIONSHIP OR INTEREST, AS IT ARISES, WHICH ACTUALLY OR POTENTIALLY INVOLVES OR MAY APPEAR TO INVOLVE A CONFLICT OF INTEREST. EACH TRUSTEE, OFFICER AND DESIGNATED PERSON IS ASKED TO SIGN A STATEMENT OF DISCLOSURE REFLECTING HIS OR HER AWARENESS AND UNDERSTANDING OF THE COLLEGE'S STATEMENT OF POLICY ON CONFLICTS OF INTEREST, AND COMPLIANCE WITH IT, ON AN ANNUAL BASIS. DESIGNATED PERSONS INCLUDE, BUT ARE NOT LIMITED TO, KEY EMPLOYEES OF THE COLLEGE AS REPORTED ON FORM 990. EACH ACTUAL OR POTENTIAL CONFLICT SHALL BE ADDRESSED ON A CASE-BY-CASE BASIS IN CONTEXT OF THE PERTINENT FACTS. NO CONTRACT OR TRANSACTION BETWEEN THE COLLEGE AND ONE OR MORE OF ITS TRUSTEES, OFFICERS OR DESIGNATED PERSONS SHALL BE VOID OR VOIDABLE SOLELY FOR SUCH REASON AS LONG AS ONE OF THE FOLLOWING CONDITIONS EXIST: 1. WHERE THE NATURE OF THE CONFLICT IS SUCH THAT THE INDIVIDUAL INVOLVED IS NOT ABLE TO DISCLOSE THE DETAILS THEREOF WITHOUT BREACHING OTHER CONFIDENCES, HE MUST, UPON NOTICE TO THE PRESIDENT OF THE COLLEGE OR THE CHAIRMAN OF THE BOARD OF TRUSTEES, REMOVE HIMSELF FROM ALL MEETINGS, DISCUSSIONS, DELIBERATIONS AND ACTIONS AT WHICH THE MATTER IS CONSIDERED; 2. THE MATERIAL FACTS AS TO SUCH RELATIONSHIP OR INTEREST, AND AS TO THE CONTRACT OR TRANSACTION, ARE DISCLOSED OR ARE KNOWN TO THE BOARD AND THE BOARD IN GOOD FAITH AUTHORIZES THE CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTES OF A MAJORITY OF THE DISINTERESTED TRUSTEES, EVEN THOUGH THE DISINTERESTED TRUSTEES ARE LESS THAN A QUORUM; OR 3. THE CONTRACT OR TRANSACTION IS FAIR AS TO THE COLLEGE AS OF THE TIME IT IS AUTHORIZED, APPROVED OR RATIFIED BY THE BOARD. COMMON OR INTERESTED TRUSTEES MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF TRUSTEES WHICH AUTHORIZES A CONTRACT OR TRANSACTION. WHEN IT IS CONCLUDED THAT A CONFLICT ACTUALLY OR POTENTIALLY EXISTS, AND THE ABOVE PROCESS TO ADDRESS THE CONFLICT HAS NOT BEEN FOLLOWED, ACTION MAY INCLUDE SUSPENSION IN WHOLE OR IN PART OF THE INDIVIDUAL'S DUTIES WITH THE COLLEGE FOR SUCH PERIOD OF TIME AND/OR AS TO SUCH MATTERS AS MAY BE DEEMED APPROPRIATE BY THE BOARD OF TRUSTEES, OR REQUESTING THE RESIGNATION OF THE INDIVIDUAL FROM THE BOARD OR FROM THE OFFICE OR EXCLUDING THE INDIVIDUAL WITH THE CONFLICT FROM ALL MEETINGS, DISCUSSIONS, DELIBERATIONS, ACTIONS OR VOTES RELATED TO THE SUBJECT OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES SUBCOMMITTEE ON EXECUTIVE COMPENSATION (THE "SUBCOMMITTEE") HOLDS A CONFERENCE CALL ON AN ANNUAL BASIS TO REVIEW THE TOTAL COMPENSATION PACKAGES FOR THE PRESIDENT AND SENIOR OFFICERS OF THE COLLEGE. PRIOR TO THE CALL, SUBCOMMITTEE MEMBERS ARE PROVIDED WITH COMPARATIVE COMPENSATION DATA FROM TWO SEPARATE HIGHER EDUCATION EXECUTIVE COMPENSATION SURVEYS. THE SUBCOMMITTEE REVIEWS THE SURVEYS AND DISCUSSES A PROPOSED COMPENSATION PACKAGE FOR THE PRESIDENT (THE PRESIDENT PROPOSES COMPENSATION PACKAGES FOR SENIOR OFFICERS). THE SUBCOMMITTEE'S RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE FOR APPROVAL DURING THE SPRING BOARD MEETINGS. UPON APPROVAL, A LETTER FROM THE BOARD CHAIR IS SENT TO THE VP FOR HUMAN RESOURCE SERVICES TO CONFIRM THE APPROVED COMPENSATION FOR THE PRESIDENT AND SENIOR OFFICERS FOR THE UPCOMING FISCAL YEAR BEGINNING JULY 1. THE VP FOR HUMAN RESOURCE SERVICES MAINTAINS THE ORIGINAL COPY OF THE COMPENSATION LETTER, ALONG WITH ALL OTHER INFORMATION PROVIDED TO THE SUBCOMMITTEE IN SUPPORT OF ITS REVIEW. MINUTES ARE DOCUMENTED FOR BOTH THE CALL AND THE MEETING. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1023, 990 AND 990-T ARE MADE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG AND WWW.IRS.GOV. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. IN ADDITION, THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE DICKINSON COLLEGE WEBSITE. DICKINSON IN ENGLAND LIMITED 371 UNTHANK ROAD NORWICH UK NR4 7QG 981548498 EDUCATIONAL INSTITUTION FOR STUDY ABROAD PROGRAMS UK 0 0 DICKINSON COLLEGE L'ASSOCIATION DICKINSON EN FRANCE 0 40 R DU JAPON TOULOUSE FR 31400 331566091 HIGHER EDUCATION FR DICKINSON COLLEGE 1 SANDIA FOUNDATION 6211 SAN MATEO BLVD NE SUITE 100 ALBUQUERQUE NM 87109 856009907 FOUNDATION NM 501(C)(3) LINE 12D, III-O N/A 0 CHARITABLE REMAINDER TRUST (5) ANNUITY PA T 0 POOLED INCOME FUND (1) ANNUITY PA T 0 PERPETUAL TRUST (3) PERPETUAL TRUST PA T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 L'ASSOCIATION DICKINSON EN FRANCE P 1483976 FAIR MARKET VALUE