2022-05-13T23:11:36-05:00 2021-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2020-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Mia Alonzo Controller and Assistant Vice 9096218043 2022-05-15 1 Mia Alonzo XXX-XX-XXXX Tracy S Paglia P00366884 2099556100 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Melvin L Oliver 1050 N Mills Avenue Claremont CA 917116101 543530717 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 36 35 804 119 57519 0 4467794 4144084 74690597 49617192 5813176 8305585 2246885 260340 87218452 62327201 17353690 13061458 0 0 34026791 25956778 0 0 973489 27565464 20920432 78945945 59938668 8272507 2388533 313941759 349158922 102425720 100072234 211516039 249086688 X Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities. 0 0 52012593 13061458 49617192 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 849 students. Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education, emphasizing social justice, intercultural understanding and environmental sensitivity. 52012593 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1914 0 1 804 1 1 1 1 NP IT EC 0 0 0 0 0 0 0 0 0 0 X 36 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo The Claremont Colleges Services 9096218043 101 S Mills Ave Claremont CA 91711 Melvin L Oliver President 40.00 2.00 X X 501427 0 135992 Joe Parker Professor/Faculty 40.00 0.00 X 234032 0 93553 Laura Troendle COO, VP and Treasurer 40.00 1.00 X 273016 0 52347 Alan Omoto - VP of Academic Affairs/ Dean of Faculty 40.00 0.00 X 256590 0 49469 Neil MacReady - VP for College Advancement (thru 01/21) 40.00 0.00 X 249027 0 52441 Mike Segawa VP for Student Affairs 40.00 0.00 X 245156 0 46566 Jamie Jorgensen - Chief of Staff /Chief Legal Counsel (thru 2/21) 40.00 0.00 X 235403 0 38648 Nigel Boyle - ProfessorFaculty Former VP Academic Affairs 40.00 0.00 X 221715 0 44574 Maria Soldatenko Professor/Faculty 40.00 0.00 X 246937 0 17984 Al Wachtel Professor/Faculty 40.00 0.00 X 190703 0 31460 Yvonne Berumen VP of Admission & Fin. Aid 40.00 0.00 X 185364 0 33057 James Marchant VP Strategic Initiatives 40.00 0.00 X 167067 0 39444 Mia Alonzo Controller 4.00 21.00 X 0 173190 35161 Mark Bailey Former VP of Communications 40.00 0.00 X 172894 0 25968 Pamela Mader AVP for Finance 40.00 0.00 X 121873 0 39995 Melanie Lacey Sorensen Board Secretary 40.00 1.00 X 71730 0 26834 Harold A Brown Chair of the Board 8.00 1.00 X X 0 0 0 Donald P Gould Vice Chair of the Board 8.00 1.00 X X 0 0 0 Bridget Baker Trustee 2.00 0.00 X 0 0 0 Angela Glover Blackwell Trustee 2.00 0.00 X 0 0 0 Thomas Brock Trustee 2.00 0.00 X 0 0 0 Steven Chang Trustee 2.00 0.00 X 0 0 0 Stephen Davis Trustee 2.00 0.00 X 0 0 0 Mark Eggert Trustee 2.00 0.00 X 0 0 0 Tyrus Emory Trustee 2.00 0.00 X 0 0 0 Louise Ann Fernandez Trustee 2.00 0.00 X 0 0 0 Julie Flapan Trustee 2.00 0.00 X 0 0 0 Ruett Stephen Foster Trustee 2.00 0.00 X 0 0 0 Wendy Glenn Trustee 2.00 0.00 X 0 0 0 David H Good Trustee 2.00 0.00 X 0 0 0 Jonathan P Graham Trustee 2.00 0.00 X 0 0 0 Gina Hoagland Trustee 2.00 0.00 X 0 0 0 Jill Klein Trustee 2.00 0.00 X 0 0 0 David B Levin Trustee 2.00 0.00 X 0 0 0 Charles Mangum Trustee 2.00 0.00 X 0 0 0 Derek Mitchell Trustee 2.00 0.00 X 0 0 0 Kenneth R Pitzer Trustee 2.00 0.00 X 0 0 0 Craig Ponzio Trustee 2.00 0.00 X 0 0 0 Douglas Price Trustee 2.00 0.00 X 0 0 0 Jon Reingold Trustee 2.00 0.00 X 0 0 0 Alissa Okuneff Roston Trustee 2.00 0.00 X 0 0 0 Josh Schlesinger Trustee 2.00 0.00 X 0 0 0 William D Sheinberg Trustee 2.00 0.00 X 0 0 0 Michele Siqueiros Trustee 2.00 0.00 X 0 0 0 Shahan Soghikian Trustee 2.00 0.00 X 0 0 0 Louise Beaudette Thornton Trustee 2.00 0.00 X 0 0 0 Tracy M Tindle Trustee 2.00 0.00 X 0 0 0 Gulnar Vaswani Trustee 2.00 0.00 X 0 0 0 Cathy Siegel Weiss Trustee 2.00 0.00 X 0 0 0 Michael R Wienholtz Trustee 2.00 0.00 X 0 0 0 Robert Fairbairn Trustee (thru 06/21) 2.00 0.00 X 0 0 0 Kevin Stein Trustee (thru 04/21) 2.00 0.00 X 0 0 0 3372934 173190 763493 67 1 1 0 Bon Appetit PO Box 50196 Los Angeles CA 900740196 Food Service 1316780 Hamilton Healthcare Constuction 202 Mercury Circle Pomona CA 91768 Construction 510924 Aaron Gorton 1442 E Lincoln Avenue Unit 455 Orange CA 92806 Air Conditioning Service 126679 3 173351 3970733 384435 4144084 Tuition and fees 611600 48874635 48874635 Federal Grants and Contracts 611710 714049 714049 Auxiliary enterprises 611710 28508 28508 49617192 2053938 4977 2048961 6143 0 6143 6143 6143 473867718 13587300 471490095 9713276 2377623 3874024 6251647 52542 6199105 35479 145 35334 35334 Other sources 900099 218863 218863 218863 62327201 49617192 57519 8508406 13061458 13061458 2303072 1065778 998723 238571 90199 90199 17160414 15533950 1167280 459184 1575587 1415822 121233 38532 3176357 2874162 265316 36879 1651149 1445596 159700 45853 75405 21020 54385 144835 1781 143054 206588 206588 1419079 1287540 97976 33563 226145 175222 37761 13162 729410 491862 224796 12752 1206084 691667 470336 44081 1160365 1121940 35655 2770 33561 30395 2452 714 52678 47811 3895 972 2295502 2222046 73456 145008 52811 90887 1310 4277756 4047161 230595 413784 72229 341555 Related orgs and affili 7467808 5581677 1886131 Maintenance and repair 359843 346153 13690 Food and Housing 243641 243641 462940 180871 236923 45146 59938668 52012593 6952586 973489 2398328 1741506 48303074 50642820 4251352 3780465 1463322 3605334 127258 82672 1735873 499777 157407493 60959117 99538354 96448376 102740677 130490480 49267094 57870291 2018470 1357499 2097957 2639702 313941759 349158922 6657977 5570735 1953431 1399359 84860561 84435401 355381 150763 8598370 8515976 102425720 100072234 X 138979620 162449600 72536419 86637088 211516039 249086688 313941759 349158922 X 2388533 34115798 1066318 X 0 1 X 1 1 1 X 4249804 4152410 8658892 4467794 4144084 25672984 4249804 4152410 8658892 4467794 4144084 25672984 4386386 21286598 2482802 2112831 2606194 2547400 2055104 11804331 11033 11033 881212 598581 579588 2173208 218863 4451452 41939800 337298549 0.50760 0.49660 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2016 Amount: $ 881,212. 2017 Amount: $ 598,581. 2018 Amount: $ 579,588. 2019 Amount: $ 473,208. 2020 Amount: $ 218,863. Gain on settlement - 2019 Amount: $ 1,700,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144435157 609283 40237958 914777 4881347 95099 179391175 144599991 282591 5402741 886199 4751446 212521 144435157 141909218 246419 8320231 875971 4736122 263784 144599991 136983670 522148 10123759 847247 4665077 208035 141909218 127114302 1115435 14487023 819691 4595920 317479 136983670 0.59100 0.20400 0.20500 1 0 11489577 11489577 126555152 50332640 76222512 11291659 10626477 665182 8071105 8071105 96448376 Limited Partnerships 32699232 F Hedge Funds 25171059 F 57870291 Government advances for student loans 573870 Annuities payable 59211 Early retirement liability 7009679 Asset retirement obligation 873216 8515976 X 88991098 34115798 5315805 39431603 49559495 206588 12561118 12767706 62327201 51316875 4296106 4296106 47020769 206588 12711311 12917899 59938668 Part V, Line 4: The College uses the income from the endowment funds per the requirements of the donor. Such income is used for grants, scholarships, professorships, lectures, research, student programs, facilities and general operations of the College. Part X, Line 2: The objective of the College is to maintain and conduct a 501(c)(3) nonprofit educational institution. The primary purpose of accounting and reporting is the recording of resources received and applied rather than the determination of net income. The College had no uncertain tax positions and/or obligations at June 30, 2021 and 2020. The College's tax returns are subject to review and examination by federal and state authorities. Part XI, Line 2d - Other Adjustments: Actuarial Adjustments 768,766. Comprehensive gain(loss) on defined benefit plans 297,552. Employee Retention Credit 4,249,487. Part XI, Line 4b - Other Adjustments: Student Financial aid 12,561,118. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 46,619. Employee Retention Credit 4,249,487. Part XII, Line 4b - Other Adjustments: Student Financial aid 12,561,118. Loss on bond defeasance 150,193. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Students applying to the College receive registration materials that state the nondiscrimination policy. The policy is also published on the Pitzer College website: http://catalog.pitzer.edu/index.php?catoid=15. The policy was also published in the local newspaper indicating the non-discrimination policy for the College. Schedule E, Part I, Line 6 Pitzer College participates in the Pell Grant, Supplemental Educational Opportunity Grant, Cal Grants, College Work-Study, NSF STEM grant scholarships and Perkins Loan programs. Sub-Saharan Africa 1 1 Program services Education 112776 Central America and the Caribbean 1 1 Program services Education 83337 South America 1 1 Program services Education 118836 Europe (including Iceland and Greenland) 1 1 Program services Education 100959 South Asia 1 1 Program services Education 189466 Central America and the Caribbean 0 0 Investments 25171059 Central America and the Caribbean 0 0 Program services PCCR Expenses 93741 0 5 0 0 0 5 25870174 0 25870174 1 0 1 1 1 0 Part I, line 3: Accrual Method Part III Accounting Method: 1 Institutional Grant Aid 376 12214304 SEOG Grants 57 221321 Emergency SEOG Aid Grant 9 125493 Stipends 149 158848 Fellowships 27 54100 CARES Act Student Grants 122 287392 Part I, Line 2: Pitzer College awards scholarships only to individual undergraduate students. These scholarships are awarded based upon academic achievement and/or demonstrated financial need. The Financial Aid Office, with the assistance of the Registrar's Office, monitor student enrollment each semester to ensure that students remain qualified for financial aid. The College also awards tuition to dependents of its employees who meet the requirements of the College's Tuition Remission Program. Employee dependents must be enrolled at one of the undergraduate schools of The Claremont Colleges. Tuition is paid directly to the undergraduate college after grades are submitted to the Human Resources Office as evidence of course completion. X X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 Melvin L Oliver President 495427 0 0 0 6000 0 37324 0 98668 0 637419 0 0 0 Joe Parker Professor/Faculty 234018 0 0 0 14 0 8786 0 84767 0 327585 0 0 0 Laura Troendle COO, VP and Treasurer 269416 0 0 0 3600 0 24524 0 27823 0 325363 0 0 0 Alan Omoto - VP of Academic Affairs/ Dean of Faculty 256590 0 0 0 0 0 23031 0 26438 0 306059 0 0 0 Neil MacReady - VP for College Advancement (thru 01/21) 245427 0 0 0 3600 0 22295 0 30146 0 301468 0 0 0 Mike Segawa VP for Student Affairs 245156 0 0 0 0 0 21858 0 24708 0 291722 0 0 0 Jamie Jorgensen - Chief of Staff /Chief Legal Counsel (thru 2/21) 235403 0 0 0 0 0 21112 0 17536 0 274051 0 0 0 Nigel Boyle - ProfessorFaculty Former VP Academic Affairs 221715 0 0 0 0 0 21250 0 23324 0 266289 0 0 0 Maria Soldatenko Professor/Faculty 246937 0 0 0 0 0 10918 0 7066 0 264921 0 0 0 Al Wachtel Professor/Faculty 190703 0 0 0 0 0 16988 0 14472 0 222163 0 0 0 Yvonne Berumen VP of Admission & Fin. Aid 181764 0 0 0 3600 0 16243 0 16814 0 218421 0 0 0 James Marchant VP Strategic Initiatives 167067 0 0 0 0 0 14945 0 24499 0 206511 0 0 0 Mia Alonzo Controller 0 173190 0 0 0 0 0 12000 0 23161 0 208351 0 0 Mark Bailey Former VP of Communications 85360 0 0 0 87534 0 13165 0 12803 0 198862 0 0 0 Pamela Mader AVP for Finance 121873 0 0 0 0 0 11249 0 28746 0 161868 0 0 0 Part I, Line 1a Any of the items checked above are provided only as documented in a particular individual's contract with the College. The President is required to live in a Pitzer owned or leased residence as part of his/her contract. All maintenance expenses related to the house are paid by Pitzer. Social club fees are paid by the College. The value of these benefits was not included in the President's taxable compensation. Part I, Line 4a Severance payments are made based upon agreements between one qualifying employee and Pitzer College. Details of the terms and conditions of the severance agreement will be made available to the IRS upon request. Mark Bailey - severance payment - $58,333 A California Municipal Finance Authority 2017 201563466 000000000 2017-08-01 63000000 Advance refund CEFA 2009 and facility renovations. 0 0 0 B California Municipal Finance Authority 2020 201563466 000000000 2020-09-16 31925000 Refund CMFA 2014 bonds, facility renovations. 0 0 0 A 2858756 63000000 55498000 384599 7117401 2018 0 1 1 1 B 25153586 267340 2224687 22661559 1 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 Part II, Line 3, Column A: Explanation of difference between Line 3 and issue price: Interest income and gain/loss. Part II, Line 3, Column B: Explanation of difference between Line 3 and issue price: full amount of tax-exempt loan has not been drawn as of June 30, 2021. X 31 384435 FMV 0 0 1 0 Part I, Column (b): The College is reporting the number of contributions in column (b). Form 990, Part VI, Section A, line 1 The Executive Committee consists of the Chair of the Board, the Vice-Chair of the Board, the President of the College, the chairperson (or, alternatively, the vice chairperson) of each standing committee, two at-large Trustees (appointed by vote of a majority of the Trustees then in office). Subject to limitations contained in California Corporations Code Section 5212(a) and additional limitations contained in the Pitzer College Bylaws, when the Pitzer College Board of Trustees is not in session, the Executive Committee has the authority of the Board of Trustees. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Chief Operating Officer and Treasurer, Assistant Vice President for Finance and the Controller. It is then posted to a secure website where Trustees do a final review prior to filing. The Audit and Risk Management Committee also reviews the Form 990 with staff and outside tax preparation firm, Moss Adams LLP. Form 990, Part VI, Section B, line 12c Pitzer has a Conflict of Interest Policy that prohibits trustees, officers and employees from using their positions and knowledge in any way that could create a conflict between the interests of the College and their own interests. The policy also requires that trustees, officers or other employees promptly report to the Trustee Audit Committee, any transaction or situation, pertaining to themselves or others, that may be a conflict of interest. Each trustee, officer and senior administrator must annually sign a statement documenting any existing or potential conflict of interest. The results of this annual reporting are reviewed by the Trustee Audit Committee. If any conflicts were identified during this documentation process, the Trustee Audit Committee would report this to the full board for their review and action, if warranted. In addition, it is the practice of trustees to recuse themselves from discussion and voting in circumstances where there may be a potential conflict of interest. Form 990, Part VI, Section B, line 15 The College uses benchmark salary data from comparable higher education institution groups for all employees, including executive management positions. Salaries are also reviewed annually in relation to performance as evidenced by annual written performance evaluations and years in position. Compensation for Pitzer's top executives is reviewed and approved by the Trustee Compensation Committee whose charge, drawn from the Bylaws, is as stated below: 4.11 (a)(i) Compensation Committee. There shall be a subcommittee of the Executive Committee known as the Compensation Committee that shall review and approve the compensation, including benefits, of all of the following: (a) the President, (b) the Treasurer, and (c) every person, regardless of title, with powers, duties or responsibilities comparable to a president, chief executive officer, treasurer or chief financial officer. The review shall be conducted in accordance with California Government Code Section 125856(g). The Compensation Committee shall be composed of independent Trustees and shall not include the President or Treasurer. In addition to the President and Treasurer, the Trustee Compensation Committee reviews and approves compensation for the Vice President of Academic Affairs as this position is designated to act as the chief executive officer in exigency. For the Treasurer and Vice President of Academic Affairs, the Compensation Committee reviews and approves recommended compensation after reviewing performance, and salary and benefits in relation to the average salary and benefits packages of selected peer organizations and years in position. Minutes of the committee and the analyses are kept in confidentiality, limited to the committee, the President, the Secretary of the Board, the Vice President for Administration and Finance/Treasurer, and the Director of Human Resources for the President, Director of Finance, and Chief Operationg Officer. The Director of Human Resources retains the minutes and analyses as documentation of this process. President's contract: As outlined in the College's Bylaws, the Board's Executive Committee annually conducts a performance review of the President. Under the Bylaws, if any changes to the President's employment contract, including salary and benefits, are considered appropriate and necessary, these changes are constructed carefully by the Compensation Committee, in discussions with the President, reviewed by the Executive Committee and submitted to the full Board of Trustees for discussion and approval. In particular, the Board discusses the President's performance, the external market for comparable presidents at peer liberal arts colleges and the overall needs and means of Pitzer College. After discussion, and given the importance that the Board attaches to its supervision of the President, the Board attempts to achieve a consensus in favor of -- and then formally approves -- all compensation decisions. Form 990, Part VI, Section C, line 19 - Governing documents are not available to the general public - Conflict of interest policy is not available to the public - Audited financial statements are available on the College's website Form 990, Part XI, line 9: Comprehensive Gain/(Loss) on defined benefit plans 297,552. Actuarial adjustment 768,766. Pitzer College BTC Trust c/o BlackRock Institutional Trust C San Francisco CA 94105 306596452 Grantor trust CA 1508004 81916977 Pitzer College The Claremont Colleges Inc 101 S Mills Ave Claremont CA 91711 954786748 Support Claremont colleges CA 501(c)(3) Line 12a, I N/A 0 Pitzer College - Costa Rica 101 S Mills Ave Claremont CA 91711 320152376 Conservation easement for forest conservation CA 501(c)(3) Line 12a, I Pitzer College 1 Scripps-Pitzer Property Holdings LLC 1030 North Columbia Ave Claremont CA 91711 842206074 Property holding CA N/A Related 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Pitzer College - Costa Rica R 93714 Cash basis