CLAREMONT MCKENNA COLLEGE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CLAREMONT MCKENNA COLLEGE (EIN 95-1664101)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202201369349308645
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T13:24:25-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 West March Lane Suite 200 | AddressLine1Txt |
| City | Stockton | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951664101 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 9096218043 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E Ninth Street No NA | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mia Alonzo | PersonNm |
| Person Title | Controller | PersonTitleTxt |
| Phone | 9096218043 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Mia | PersonFirstNm |
| Person Last | Alonzo | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tracy S Paglia | PreparerPersonNm |
| PTIN | P00366884 | PTIN |
| Phone | 2099556100 | PhoneNum |
| Preparation | 2022-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Hiram Chodosh | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E Ninth Street No N/A | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $909,838,273 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.cmc.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | CMC is an independent, residential, liberal arts college whose mission is to educate its students for responsible leadership in business, government, and the professions. | ActivityOrMissionDesc |
| Voting Members Governing Body | 44 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 43 | VotingMembersIndependentCnt |
| Total Employee | 1719 | TotalEmployeeCnt |
| Total Volunteers | 436 | TotalVolunteersCnt |
| Total Gross UBI | -$6,441 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $183,040,433 | PYContributionsGrantsAmt |
| CY Contributions Grants | $50,827,885 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $99,101,294 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $77,193,262 | CYProgramServiceRevenueAmt |
| PY Investment Income | $37,624,539 | PYInvestmentIncomeAmt |
| CY Investment Income | $34,734,971 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,794,689 | PYOtherRevenueAmt |
| CY Other Revenue | $1,360,813 | CYOtherRevenueAmt |
| PY Total Revenue | $321,560,955 | PYTotalRevenueAmt |
| CY Total Revenue | $164,116,931 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $28,513,338 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $26,651,117 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $65,587,827 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $62,890,879 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,101,873 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $68,860,129 | PYOtherExpensesAmt |
| CY Other Expenses | $61,987,145 | CYOtherExpensesAmt |
| PY Total Expenses | $162,961,294 | PYTotalExpensesAmt |
| CY Total Expenses | $151,529,141 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $158,599,661 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,587,790 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,751,055,641 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,226,003,040 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $418,096,257 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $489,566,689 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,332,959,384 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,736,436,351 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Claremont McKenna College is a highly selective, independent, coeducational, residential, liberal arts college. Its mission, within the mutually supportive framework of The Claremont Colleges, is to educate its students for thoughtful and productive lives and responsible leadership in business, government, and the professions, and to support faculty and student scholarship that contributes to intellectual vitality and the understanding of public policy issues. The College pursues this mission by providing a liberal arts education that emphasizes economics and political science, a professoriate that is dedicated to effective undergraduate teaching, a close student-teacher relationship that fosters critical inquiry, an active residential and intellectual environment that promotes responsible citizenship, and a program of research institutes and scholarly support that makes possible a faculty of teacher-scholars. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $121,274,246 | ExpenseAmt |
| Grant | $26,651,117 | GrantAmt |
| Revenue | $77,193,262 | RevenueAmt |
| Desc | The College's primary exempt purpose is providing a liberal arts education that emphasizes economics and political science, a professoriate that is dedicated to effective undergraduate teaching, a close student-teacher relationship that fosters critical inquiry, an active residential and intellectual environment that promotes responsible citizenship, and a program of research institutes and scholarly support that makes possible a faculty of teacher-scholars. | Desc |
| Total Program Service Expenses | $121,274,246 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | Yes (1) | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2046 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1719 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (1) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 44 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 43 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mia Alonzo | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9096218043 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 S Mills Ave | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (58 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Hiram Chodosh | ||||||||||
| President | 40.00 | 1.00 | Yes (X) | Yes (X) | $623,077 | $0 | $202,680 | |||
| David G Mgrublian | ||||||||||
| Chair of Board of Trustees | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Peter K Barker | ||||||||||
| Board Chair Emeritus | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Robert A Day | ||||||||||
| Board Chair Emeritus | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Harry T McMahon | ||||||||||
| Board Chair Emeritus | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| James B Bemowski | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| A Steven Crown | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Tina Daniels | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Cary Davidson | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| David Dreier | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Steven L Eggert | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Elyssa M Elbaz | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Laura M Grisolano | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| E David Hetz | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gregory Hinckley | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| John M Isaacson | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Jeffrey S Klein | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Henry R Kravis | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Duane Kurisu | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Larson | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Tao Li | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Susan Matteson King | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| James B McElwee | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMB C Steven McGann | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Marci Lerner Miller | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Akshata N Murty | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert C Nakasone | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Douglas L Peterson | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| William F Podlich | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Fredric J Prager | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rey Ramsey | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| G Jeffrey Records Jr | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| George R Roberts | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Richard J Romero | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rossi A Russell | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Bruce A Soll | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| John Shrewsberry | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kenneth J Valach | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Shaw B Wagener | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Christopher V Walker | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Emily Meinhardt | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Harriet B Nembhard | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Paul Nathan | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Donna Wengert Neff | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Matthew Bibbens | ||||||||||
| VP Admin and Planning, General Counsel and Secreta | 40.00 | 2.00 | Yes (X) | $310,500 | $0 | $51,071 | ||||
| Erin Watkins | ||||||||||
| AVP of Finance and Acting | 40.00 | 2.00 | Yes (X) | $208,484 | $0 | $39,945 | ||||
| Mia Alonzo | ||||||||||
| Controller | 4.00 | 20.00 | Yes (X) | $0 | $173,190 | $35,161 | ||||
| Coreen Rodgers | ||||||||||
| VP of Business and Chief Operating Officer | 40.00 | 0.00 | Yes (X) | $368,341 | $0 | $45,293 | ||||
| James Floyd | ||||||||||
| VP and Chief Investment Officer | 1.00 | 41.00 | $467,380 | $0 | $80,023 | Yes (X) | ||||
| Peter Uvin | ||||||||||
| VP for Academic Affairs and Dean of the Faculty | 40.00 | 0.00 | $366,884 | $0 | $41,431 | Yes (X) | ||||
| Sharon Basso | ||||||||||
| VP Student Affairs and Dean of Students | 40.00 | 0.00 | $260,764 | $0 | $39,581 | Yes (X) | ||||
| Michelle Chamberlain | ||||||||||
| VP for Advancement & Dean of the Robert Day Schola | 40.00 | 0.00 | $224,987 | $0 | $37,769 | Yes (X) | ||||
| Eric Hughson | ||||||||||
| Faculty | 40.00 | 0.00 | $345,162 | $0 | $50,364 | Yes (X) | ||||
| Fan Yu | ||||||||||
| Faculty | 40.00 | 0.00 | $350,447 | $0 | $56,695 | Yes (X) | ||||
| Lisa Meulbroek | ||||||||||
| Faculty | 40.00 | 0.00 | $330,831 | $0 | $31,771 | Yes (X) | ||||
| Eric Helland | ||||||||||
| Faculty | 40.00 | 0.00 | $324,784 | $0 | $57,004 | Yes (X) | ||||
| Janet Smith | ||||||||||
| Faculty | 40.00 | 0.00 | $304,669 | $0 | $44,212 | Yes (X) | ||||
| Nicholas Warner thru 615 | ||||||||||
| Faculty, Former Interim Dean of Faculty | 40.00 | 0.00 | $198,770 | $0 | $17,887 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,685,080 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $173,190 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $830,887 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 183 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Southern California Edison | |||||
| PO Box 600 | Rosemead | CA | 91771 | Construction | $1,555,941 |
| Gardner Company Inc | |||||
| 30714 Wealth Street | Murrieta | CA | 92563 | Heating and Air Conditioning Service | $1,002,352 |
| Cambridge Associates LLC | |||||
| 3528 Collection Center Drive | Chicago | IL | 60693 | Investment Management | $937,500 |
| Western AV | |||||
| 1592 N Batavia Street Ste 2 | Orange | CA | 92867 | Audio Visual Equipment/Training | $931,783 |
| AMB Onsite Services - West Inc | |||||
| PO Box 52609 | Los Angeles | CA | 90074 | Janitorial Services | $744,532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 53 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $209,227 | GovernmentGrantsAmt |
| All Other Contributions | $50,618,658 | AllOtherContributionsAmt |
| Noncash Contributions | $14,574,291 | NoncashContributionsAmt |
| Total Contributions | $50,827,885 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition & fees | 611600 | $70,936,798 | $70,936,798 |
| Asset Management Revenue | 900099 | $4,500,473 | $4,500,473 |
| Fed. grants & contracts | 611600 | $1,434,061 | $1,434,061 |
| Private contracts | 900099 | $104,701 | $104,701 |
| Rental & Catering | 900099 | $48,441 | $48,441 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $168,788 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $168,788 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $77,193,262 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,678,011 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$6,441 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,684,452 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35 | TotalRevenueColumnAmt |
| Exclusion | $35 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $800 | TotalRevenueColumnAmt |
| Exclusion | $800 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $799,066 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $687,879 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $111,187 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $111,187 | TotalRevenueColumnAmt |
| Exclusion | $111,187 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $766,090,388 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $745,033,463 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,056,925 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,056,925 | TotalRevenueColumnAmt |
| Exclusion | $21,056,925 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Miscellaneous income | 900099 | $1,248,029 | $1,248,029 |
| Vending, store & laundry | 453000 | $797 | $797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,248,826 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $164,116,931 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,193,262 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$6,441 | UnrelatedBusinessRevenueAmt |
| Exclusion | $36,102,225 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,651,117 | TotalAmt |
| Program Services | $26,651,117 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,207,864 | TotalAmt |
| Program Services | $517,874 | ProgramServicesAmt |
| Management And General | $3,132,455 | ManagementAndGeneralAmt |
| Fundraising | $557,535 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,230 | TotalAmt |
| Program Services | $565,030 | ProgramServicesAmt |
| Management And General | $128,200 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,169,076 | TotalAmt |
| Program Services | $40,672,032 | ProgramServicesAmt |
| Management And General | $4,384,835 | ManagementAndGeneralAmt |
| Fundraising | $2,112,209 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,007,666 | TotalAmt |
| Program Services | $1,842,890 | ProgramServicesAmt |
| Management And General | $59,175 | ManagementAndGeneralAmt |
| Fundraising | $105,601 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,437,091 | TotalAmt |
| Program Services | $4,899,095 | ProgramServicesAmt |
| Management And General | $186,138 | ManagementAndGeneralAmt |
| Fundraising | $351,858 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,375,952 | TotalAmt |
| Program Services | $2,797,598 | ProgramServicesAmt |
| Management And General | $377,765 | ManagementAndGeneralAmt |
| Fundraising | $200,589 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $870,755 | TotalAmt |
| Program Services | $49,677 | ProgramServicesAmt |
| Management And General | $821,078 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $704,408 | TotalAmt |
| Program Services | $12,921 | ProgramServicesAmt |
| Management And General | $691,487 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,214 | TotalAmt |
| Management And General | $350,214 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,685,321 | TotalAmt |
| Management And General | $3,685,321 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,459,836 | TotalAmt |
| Program Services | $2,880,946 | ProgramServicesAmt |
| Management And General | $2,448,467 | ManagementAndGeneralAmt |
| Fundraising | $130,423 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,037,943 | TotalAmt |
| Program Services | $566,765 | ProgramServicesAmt |
| Management And General | $307,705 | ManagementAndGeneralAmt |
| Fundraising | $163,473 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,952,878 | TotalAmt |
| Program Services | $1,668,664 | ProgramServicesAmt |
| Management And General | $1,172,464 | ManagementAndGeneralAmt |
| Fundraising | $111,750 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,205,540 | TotalAmt |
| Program Services | $2,171,980 | ProgramServicesAmt |
| Management And General | $911,791 | ManagementAndGeneralAmt |
| Fundraising | $121,769 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,589,838 | TotalAmt |
| Program Services | $2,891,548 | ProgramServicesAmt |
| Management And General | $698,290 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,019,778 | TotalAmt |
| Program Services | $1,917,680 | ProgramServicesAmt |
| Management And General | $59,470 | ManagementAndGeneralAmt |
| Fundraising | $42,628 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,220 | TotalAmt |
| Program Services | $136,419 | ProgramServicesAmt |
| Management And General | $19,812 | ManagementAndGeneralAmt |
| Fundraising | $16,989 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,639,195 | TotalAmt |
| Program Services | $11,059,665 | ProgramServicesAmt |
| Management And General | $503,031 | ManagementAndGeneralAmt |
| Fundraising | $76,499 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,363,972 | TotalAmt |
| Program Services | $2,256,460 | ProgramServicesAmt |
| Management And General | $101,636 | ManagementAndGeneralAmt |
| Fundraising | $5,876 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,693,687 | TotalAmt |
| Program Services | $9,146,683 | ProgramServicesAmt |
| Management And General | $474,799 | ManagementAndGeneralAmt |
| Fundraising | $72,205 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $495,029 | TotalAmt |
| Program Services | $401,344 | ProgramServicesAmt |
| Management And General | $93,685 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Related Organizations a | $8,179,604 | $4,951,990 | $3,227,614 | |
| Food & housing | $2,013,768 | $881,330 | $1,132,438 | |
| Building repair | $1,884,784 | $1,670,032 | $208,674 | $6,078 |
| Non Capitalized Equipme | $659,265 | $365,494 | $293,771 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,008,110 | TotalAmt |
| Program Services | $299,012 | ProgramServicesAmt |
| Management And General | $682,707 | ManagementAndGeneralAmt |
| Fundraising | $26,391 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,529,141 | TotalAmt |
| Program Services | $121,274,246 | ProgramServicesAmt |
| Management And General | $26,153,022 | ManagementAndGeneralAmt |
| Fundraising | $4,101,873 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $889,008 | BOYAmt |
| EOY | $1,423,584 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,821,380 | BOYAmt |
| EOY | $41,619,125 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,523,564 | BOYAmt |
| EOY | $255,421,857 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,014,912 | BOYAmt |
| EOY | $7,237,314 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,000 | BOYAmt |
| EOY | $90,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,190,209 | BOYAmt |
| EOY | $2,081,460 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $419,435,344 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $139,098,175 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,801,305 | BOYAmt |
| EOY | $280,337,169 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,940,189 | BOYAmt |
| EOY | $175,676,504 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $986,861,982 | BOYAmt |
| EOY | $1,454,265,667 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,738,379 | BOYAmt |
| EOY | $6,600,760 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,164,713 | BOYAmt |
| EOY | $1,249,600 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,751,055,641 | BOYAmt |
| EOY | $2,226,003,040 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,912,697 | BOYAmt |
| EOY | $21,782,912 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,926,079 | BOYAmt |
| EOY | $1,668,581 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,792,058 | BOYAmt |
| EOY | $106,366,058 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,930,120 | BOYAmt |
| EOY | $225,810,159 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,535,303 | BOYAmt |
| EOY | $133,938,979 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,096,257 | BOYAmt |
| EOY | $489,566,689 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335,801,430 | BOYAmt |
| EOY | $439,752,264 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $997,157,954 | BOYAmt |
| EOY | $1,296,684,087 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,332,959,384 | BOYAmt |
| EOY | $1,736,436,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,751,055,641 | BOYAmt |
| EOY | $2,226,003,040 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,587,790 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $378,347,009 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,542,168 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,830,436 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,602,724 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,798,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $182,995,983 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,827,885 | CurrentTaxYearAmt |
| Total | $379,055,039 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,830,436 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,602,724 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,798,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $182,995,983 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,827,885 | CurrentTaxYearAmt |
| Total | $379,055,039 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $190,699,118 | SubstantialContributorsTotAmt |
| Public Support Total170 | $188,355,921 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,572,751 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,817,583 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,516,637 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,001,642 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,484,353 | CurrentTaxYearAmt |
| Total | $43,392,966 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,317,437 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,664,044 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,624,085 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,583,622 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,248,826 | CurrentTaxYearAmt |
| Total | $11,438,014 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $433,886,019 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $454,657,662 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.43410 | PublicSupportCY170Pct |
| Public Support PY170 | 0.41580 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $1,415 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $1,415 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | Dues and memberships paid to organizations to lobby on the College's behalf. Also, to support the effort to reauthorize the Section 568 exemption from the anti-trust laws. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $9,547,470 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $952,269,012 | BeginningYearBalanceAmt |
| Contributions | $26,611,408 | ContributionsAmt |
| Investment Earnings Or Losses | $379,305,154 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,096,741 | GrantsOrScholarshipsAmt |
| Other Expenditures | $30,499,039 | OtherExpendituresAmt |
| Administrative Expenses | $3,363,026 | AdministrativeExpensesAmt |
| End Year Balance | $1,313,226,768 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $912,045,198 | BeginningYearBalanceAmt |
| Contributions | $63,972,781 | ContributionsAmt |
| Investment Earnings Or Losses | $15,766,690 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,696,178 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,102,426 | OtherExpendituresAmt |
| Administrative Expenses | $2,717,053 | AdministrativeExpensesAmt |
| End Year Balance | $952,269,012 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $881,013,887 | BeginningYearBalanceAmt |
| Contributions | $21,766,920 | ContributionsAmt |
| Investment Earnings Or Losses | $46,328,406 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,471,075 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,181,115 | OtherExpendituresAmt |
| Administrative Expenses | $2,411,825 | AdministrativeExpensesAmt |
| End Year Balance | $912,045,198 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $833,276,511 | BeginningYearBalanceAmt |
| Contributions | $9,489,915 | ContributionsAmt |
| Investment Earnings Or Losses | $75,916,104 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,087,089 | GrantsOrScholarshipsAmt |
| Other Expenditures | $22,720,680 | OtherExpendituresAmt |
| Administrative Expenses | $4,860,874 | AdministrativeExpensesAmt |
| End Year Balance | $881,013,887 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $758,740,997 | BeginningYearBalanceAmt |
| Contributions | $5,331,862 | ContributionsAmt |
| Investment Earnings Or Losses | $104,383,054 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,665,078 | GrantsOrScholarshipsAmt |
| Other Expenditures | $22,032,182 | OtherExpendituresAmt |
| Administrative Expenses | $3,482,142 | AdministrativeExpensesAmt |
| End Year Balance | $833,276,511 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.20620 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.39960 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.39420 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,083,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $26,773,749 | OtherCostOrOtherBasisAmt |
| Book Value | $27,856,749 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $322,469,403 | OtherCostOrOtherBasisAmt |
| Depreciation | $99,770,061 | DepreciationAmt |
| Book Value | $222,699,342 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,295,600 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,304,265 | DepreciationAmt |
| Book Value | $12,991,335 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,741,293 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,023,849 | DepreciationAmt |
| Book Value | $13,717,444 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,072,299 | OtherCostOrOtherBasisAmt |
| Book Value | $3,072,299 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $280,337,169 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Assets whose use is limited | $6,513,012 | F |
| Real Estate, Energy, & Timber | $1,250,255 | F |
| Investment in Claremont Investment Fund | $1,446,502,400 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,454,265,667 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Life income and Annuities payable | $58,913,543 |
| Funds held in trust | $3,282,987 |
| Government advance for student loans | $489,909 |
| Asset Retirement Obligation | $957,752 |
| Investment Liability | $70,294,788 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $133,938,979 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $527,090,650 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $378,347,009 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $13,223,607 | OtherRevenueAmt |
| Revenue Not Reported | $391,570,616 | RevenueNotReportedAmt |
| Revenue Subtotal | $135,520,034 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $3,685,321 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $24,911,576 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $28,596,897 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $164,116,931 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $123,613,682 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $687,879 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $687,879 | ExpensesNotReportedAmt |
| Expenses Subtotal | $122,925,803 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $3,685,321 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $24,918,017 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $28,603,338 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $151,529,141 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The College's works of art are held for public exhibition to enrich the teaching of art and humanities at the College. |
| Part V, Line 4: | The College uses the earnings of its endowment funds in accordance with donor restrictions. Where no donor intent is specified, the earnings fund the general operations of the College. |
| Part XI, Line 2d - Other Adjustments: | Rental expenses reclassified to revenue 687,879. Actuarial adjustment 14,188,904. Pledge Write Offs -1,653,176. |
| Part XI, Line 4b - Other Adjustments: | Student aid, reclassified to expenses 24,918,017. Income from K-1's -6,441. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses reclassified to revenue 687,879. |
| Part XII, Line 4b - Other Adjustments: | Student aid, reclassified to expenses 24,918,017. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Claremont McKenna College is an equal opportunity employer and educator, firmly committed to providing equal opportunity for all our community members, irrespective of an individual's background. The College's Civil Rights Policy Statement on Equal Employment, Affirmative Action, and Non-Discrimination represents the College's overarching policy statement related to civil rights protections at CMC. The policy is publicized through the course catalog and the college's website. Currently, the college is updating its website to be compliant with 2019 IRS guidelines around the availability of the nondiscrimination policy through the college's home page. Additionally, CMC has an established history of recruiting students from a diverse background, with 42% being students of color. |
| Schedule E, Part I, Line 6 | Claremont McKenna College participates in the Pell Grant, Supplemental Educational Opportunity Grant, College Work-Study, and Perkins Loan programs. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial Aid | GrantTypeTxt |
| Recipient | 637 | RecipientCnt |
| Cash Grant | $26,651,117 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The College monitors the use of grant funds by verifying student enrollment records maintained by the Office of the Registrar and the Office of Student Accounts. Enrollment verification is performed prior to awarding of grant funds and throughout the academic year. The Office of Financial Aid monitors the College's compliance with grant agreement requirements throughout the academic year, and keeps current with compliance requirements by participating in professional development workshops and reviewing federal compliance updates from the Department of Education and NASFAA. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hiram Chodosh | ||||||||||||||
| President | $622,237 | $0 | $0 | $0 | $840 | $0 | $102,124 | $0 | $100,556 | $0 | $825,757 | $0 | $0 | $0 |
| James Floyd | ||||||||||||||
| VP and Chief Investment Officer | $459,249 | $0 | $0 | $0 | $8,131 | $0 | $39,577 | $0 | $40,446 | $0 | $547,403 | $0 | $0 | $0 |
| Coreen Rodgers | ||||||||||||||
| VP of Business and Chief Operating O | $368,341 | $0 | $0 | $0 | $0 | $0 | $31,446 | $0 | $13,847 | $0 | $413,634 | $0 | $0 | $0 |
| Peter Uvin | ||||||||||||||
| VP for Academic Affairs and Dean of | $361,884 | $0 | $0 | $0 | $5,000 | $0 | $31,446 | $0 | $9,985 | $0 | $408,315 | $0 | $0 | $0 |
| Fan Yu | ||||||||||||||
| Faculty | $350,447 | $0 | $0 | $0 | $0 | $0 | $31,446 | $0 | $25,249 | $0 | $407,142 | $0 | $0 | $0 |
| Eric Hughson | ||||||||||||||
| Faculty | $345,133 | $0 | $0 | $0 | $29 | $0 | $31,446 | $0 | $18,918 | $0 | $395,526 | $0 | $0 | $0 |
| Eric Helland | ||||||||||||||
| Faculty | $324,784 | $0 | $0 | $0 | $0 | $0 | $30,576 | $0 | $26,428 | $0 | $381,788 | $0 | $0 | $0 |
| Lisa Meulbroek | ||||||||||||||
| Faculty | $330,831 | $0 | $0 | $0 | $0 | $0 | $31,050 | $0 | $721 | $0 | $362,602 | $0 | $0 | $0 |
| Matthew Bibbens | ||||||||||||||
| VP Admin and Planning, General Couns | $300,500 | $0 | $0 | $0 | $10,000 | $0 | $27,544 | $0 | $23,527 | $0 | $361,571 | $0 | $0 | $0 |
| Janet Smith | ||||||||||||||
| Faculty | $304,669 | $0 | $0 | $0 | $0 | $0 | $28,204 | $0 | $16,008 | $0 | $348,881 | $0 | $0 | $0 |
| Sharon Basso | ||||||||||||||
| VP Student Affairs and Dean of Stude | $260,764 | $0 | $0 | $0 | $0 | $0 | $23,418 | $0 | $16,163 | $0 | $300,345 | $0 | $0 | $0 |
| Michelle Chamberlain | ||||||||||||||
| VP for Advancement & Dean of the Rob | $224,627 | $0 | $0 | $0 | $360 | $0 | $22,001 | $0 | $15,768 | $0 | $262,756 | $0 | $0 | $0 |
| Erin Watkins | ||||||||||||||
| AVP of Finance and Acting | $208,484 | $0 | $0 | $0 | $0 | $0 | $18,719 | $0 | $21,226 | $0 | $248,429 | $0 | $0 | $0 |
| Nicholas Warner thru 615 | ||||||||||||||
| Faculty, Former Interim Dean of Facu | $198,770 | $0 | $0 | $0 | $0 | $0 | $17,350 | $0 | $537 | $0 | $216,657 | $0 | $0 | $0 |
| Mia Alonzo | ||||||||||||||
| Controller | $0 | $173,190 | $0 | $0 | $0 | $0 | $0 | $12,000 | $0 | $23,161 | $0 | $208,351 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | -First-class travel - The College pays for the class above economy for all domestic and international travel for the president per employment contract. - Travel for Companions - The College pays for expenses for the President's spouse's travel as covered per contract with valid business reason. - Housing allowance or residence for personal use - The College provides housing to the president and a key employee as a condition of employment. The value of the employer provided housing has been determined to meet the criteria of Sec 119 and is therefore reported as a non-taxable benefit. - Health or social club dues - The College pays dues for the California Club for the sole purpose of conducting college business; no personal social activities are allowed. Because no personal social activities are conducted, the California Club dues are not included in taxable compensation. |
| Part I, Line 4b | -Hiram Chodosh participates in a nonqualified deferred compensation plan under section 457(f). No distributions were made from the plan in 2020. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | California Educational Facilities Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521705592 | BondIssuerEIN |
| CUSIP | 130179DN1 | CUSIPNum |
| Bond Issued | 2015-12-03 | BondIssuedDt |
| Issue Price | $123,653,806 | IssuePriceAmt |
| Purpose | See Part VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $12,295,000 | RetiredAmt |
| Total Proceeds | $123,653,806 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $1,150,406 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $122,503,400 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Date Rebate Computation Performed | Issuer Name: California Educational Facilities Authority Date the Rebate Computation was Performed: 02/01/2021 |
| Schedule K Supplental Information | Part I, column (f) Description of Purpose: Bond (a) - Refund the 2007 and 2009 Bonds. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Matthew Bibbens | |||||||
| VP for Administration & Planning, General Counsel, Sec. of the Corporation | Housing Assistance | Yes (X) | $100,000 | $32,500 | 0 | Yes (1) | Yes (1) |
| Peter Uvin | |||||||
| VP for Academic Affairs and Dean of Faculty, Professor of Government | Housing Assistance | Yes (X) | $100,000 | $57,500 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $90,000 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Evan Rutter | |||
| Family Member of Michelle Chamberlain, VP for Advancement & Dean of the Rob | $128,200 | Employment | 0 |
| Priya Junnar | |||
| Family Member of Hiram Chodosh, President of the College | $98,376 | Employment | 0 |
| Minju Kim | |||
| Family Member of Peter Uvin, VP for Academic Affairs and Dean of the Facult | $156,830 | Employment | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 89 | ContributionCnt |
| Noncash Contributions Rpt F990 | $14,573,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,192 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost of donated property | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | Number of Contributions | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Henry R. Kravis and George R. Roberts are Trustee members and have both a family and business relationship. |
| Form 990, Part VI, Section B, line 11b | The College utilizes a process for review of the IRS Form 990, "Return of Organization Exempt from Income Tax", that involves multiple layers of management as well as governing board members. The College has engaged an outside accounting firm to prepare the 990 using information provided by the College's Treasurer's Office and The Claremont College Services' Office of Financial Services. Once a draft has been prepared, it is reviewed by individuals in the Office of Financial Services, the Office of Human Resources, and the College's Treasurer's Office, and changes are made as needed. Once a revised draft is available, it is reviewed by the Controller and the Associate Vice President of Finance and Acting Treasurer. After this review and any resulting changes are complete, the revised draft is provided to members of the College's Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the 990 is provided to all voting members of the Board of Trustees prior to filing. |
| Form 990, Part VI, Section B, line 12c | Officers, trustees, and key employees are required to annually sign and submit to the Treasurer a statement disclosing all material financial interests of the individual or immediate family members in any outside entity in which the College has or is considering a transaction or other business relationship. The Treasurer creates a summary report of these and any other known conflict of interest disclosures for review by the Audit Committee. All transactions in which the Audit Committee has determined that a conflict exists are approved or ratified by the Board of Trustees. |
| Form 990, Part VI, Section B, line 15 | The College's process for determining compensation for corporate officers, key employees, and principal disqualified persons is performed on an annual basis and includes the following elements: 1) use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, 2) review of comparable compensation data and approval of compensation arrangements by a Compensation Subcommittee of the Executive Committee of the Board of Trustees, and 3) contemporaneous documentation with respect to deliberations and decisions regarding compensation arrangements. Data as to comparable compensation is derived from one or more of the following sources: a) Information compiled from IRS Form 990 reports, b) other regional or national compensation surveys, including an annual compensation survey published by the College and University Professional Association for Human Resources, and c) external consultant surveys and/or databases, including prevailing market compensation for similar administrative positions in the greater Los Angeles area. |
| Form 990, Part VI, Section C, line 19 | -Financial statements and conflict of interest policy are available on the College website. -Governing/organizing documents are not available to the public. |
| Form 990, Part XI, line 9: | Actuarial adjustment 14,188,903. Income from K-1's 6,441. Writeoff of pledge receivables -1,653,176. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College Holdings LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E 9th Street | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Property Holdings | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Claremont Colleges Inc | |||||||||||
| 101 S Mills Ave | Claremont | CA | 91711 | 954786748 | Supporting Organization | CA | 501(c)(3) | 12a, type I | N/A | 0 | |
| Claremont McKenna College Foundation | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 330735781 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Children's Education Center of Claremont | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 954508952 | Preschool and Elementary School | CA | 501(c)(3) | Line 2 | Yes (1) | Claremont McKenna College | |
| Claremont Investment Fund | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 823049880 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Claremont Investment Management Company | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 823028605 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Claremont Mckenna College Alumni Association | |||||||||||
| 400 North Claremont Boulevard | Claremont | CA | 91711 | 956092792 | Supporting Organization | CA | 501(c)(3) | PF | Yes (1) | Claremont McKenna College | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|
| Pre-69 Trusts (3) | |||||||
| 101 South Mills Ave | Claremont | CA | 91711 | Holdings | CA | N/A | 0 |
| Charitable Remainder Unitrusts (25) | |||||||
| 101 South Mills Ave | Claremont | CA | 91711 | Holdings | CA | N/A | 0 |
| Charitable Remainder Annuity Trust | |||||||
| 101 South Mills Ave | Claremont | CA | 91711 | Holdings | CA | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| Claremont Investment Fund | |
| S | $19,510,008 |
| Claremont Investment Management Company | |
| L | $4,500,473 |