GOUCHER COLLEGE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: GOUCHER COLLEGE (EIN 52-0591613)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-11
IRS object ID: 202231319349300018
Schema version: 2020v4.0
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 F
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-11T08:28:13-07:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	520591613	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GOUCHER COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GOUC	BusinessNameControlTxt
Phone	4103376000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Noel Ward	PersonNm
Person Title	AVP for Finance and Controller	PersonTitleTxt
Phone	4103376572	PhoneNum
Signature	2022-05-11	SignatureDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	1	TrustedCustomerCd
OOB Security Verification	11	OOBSecurityVerificationCd
Last Submission Rqr OOB	1	LastSubmissionRqrOOBCd
Authentication Assurance Level	AAL2	AuthenticationAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Kent Deveraux	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Towson	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$126,195,222	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.goucher.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1885	FormationYr
Legal Domicile State	MD	LegalDomicileStateCd
Activity Or Mission	Goucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking.	ActivityOrMissionDesc
Voting Members Governing Body	38	VotingMembersGoverningBodyCnt
Voting Members Independent	37	VotingMembersIndependentCnt
Total Employee	1391	TotalEmployeeCnt
Total Volunteers	363	TotalVolunteersCnt
Total Gross UBI	$254,339	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$10,189,472	PYContributionsGrantsAmt
CY Contributions Grants	$23,481,871	CYContributionsGrantsAmt
PY Program Service Revenue	$79,463,432	PYProgramServiceRevenueAmt
CY Program Service Revenue	$59,811,953	CYProgramServiceRevenueAmt
PY Investment Income	$2,682,013	PYInvestmentIncomeAmt
CY Investment Income	$9,933,474	CYInvestmentIncomeAmt
PY Other Revenue	$1,413,311	PYOtherRevenueAmt
CY Other Revenue	$305,666	CYOtherRevenueAmt
PY Total Revenue	$93,748,228	PYTotalRevenueAmt
CY Total Revenue	$93,532,964	CYTotalRevenueAmt
PY Grants And Similar Paid	$40,071,471	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$31,355,534	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$36,842,948	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$32,169,206	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,972,748	CYTotalFundraisingExpenseAmt
PY Other Expenses	$33,534,282	PYOtherExpensesAmt
CY Other Expenses	$26,114,723	CYOtherExpensesAmt
PY Total Expenses	$110,448,701	PYTotalExpensesAmt
CY Total Expenses	$89,639,463	CYTotalExpensesAmt
PY Revenues Less Expenses	-$16,700,473	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,893,501	CYRevenuesLessExpensesAmt
Total Assets BOY	$394,278,148	TotalAssetsBOYAmt
Total Assets EOY	$461,840,721	TotalAssetsEOYAmt
Total Liabilities BOY	$134,676,572	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$130,023,099	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$259,601,576	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$331,817,622	NetAssetsOrFundBalancesEOYAmt
Mission	Goucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. The College's vision is to become a top-100 national liberal arts college known for offering a transformational education that delivers graduates who can solve complex problems within a diverse, global community.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$66,841,154	ExpenseAmt
Grant	$29,981,916	GrantAmt
Revenue	$50,778,742	RevenueAmt
Desc	The College provided an Undergraduate Arts and Sciences education to 1,114 students. Goucher's academic philosophy is focused on 3Rs: relationships, resilience, and reflection, and coursework reflects the core values of a liberal arts education: proficiency in English composition and in a foreign language, solid foundations in history, abstract reasoning, scientific discovery and experimentation, problem-solving, social structures, and environmental sustainability. A highlight of Goucher's unique liberal arts curriculum is the requirement that all undergraduates must study abroad at least once before graduation, making the College among the first in the nation to make such a bold move in globalized education. Goucher strives to educate the whole student and promotes a broad education over narrow career training. This gives graduates a wide range of professional options and increased ability to take advantage of new opportunities in developing fields-and even the capability to change careers. Goucher students master a range of knowledge, including the communication, critical thinking, and quantitative reasoning skills that U.S. employers overwhelmingly say they want job candidates to have.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$7,048,928	ExpenseAmt
Grant	$1,373,618	GrantAmt
Revenue	$8,128,312	RevenueAmt
Desc	The College provided a graduate education to 901 students. The Welch Center for Graduate and Professional Studies offers a diverse range of academic programs, including: Master of Arts and Master of Fine Arts degrees in areas such as education, teaching, historic preservation, arts administration, cultural sustainability, digital arts, nonfiction, management, and environmental sustainability, plus a post-baccalaureate premedical program. These programs are led by industry leaders who help students strengthen their skills, add to their knowledge base, and create professional opportunities wherever their passions lead.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$572,917	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$904,899	RevenueAmt
Desc	The College provided credit and non-credit continuing studies course work for 783 participants. Goucher is home to the College Board's Advanced Placement (AP) Summer Institute, training teachers in AP courses from across the country and around the world. The Advanced Placement Summer Institute allows teachers to earn graduate credit while gaining College Board-certified preparation in most subject areas offered through AP programs.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$0	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$74,462,999	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	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	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	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3773	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1391	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	Yes (1)	ForeignFinancialAccountInd
Foreign Country	BD	ForeignCountryCd
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	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	38	GoverningBodyVotingMembersCnt
Independent Voting Member	37	IndependentVotingMemberCnt
Family Or Business Rln	0	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	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Noel Ward	PersonNm
Phone	4103376132	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1021 Dulaney Valley Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 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
Kent Devereaux
President	40	0	Yes (X)	Yes (X)	$294,041	$0	$54,062
Jonathan Lindsay
VP for Enrollment Management	40	0			$185,591	$0	$24,705	Yes (X)
William Leimbach
VP for Information Technology and Planning	40				$158,802	$0	$14,308		Yes (X)
Scott Sibley
Professor	40	0			$133,688	$0	$10,883		Yes (X)
Barbara Stob
General Counsel	40	0			$128,686	$0	$13,330		Yes (X)
Michele Y Ewing
VP for Advancement	40	0			$119,800	$0	$17,476		Yes (X)
Elaine Meyer-Lee
Provost	40	0		Yes (X)	$121,502	$0	$11,838
David Grossman
Associate Professor	40	0			$128,185	$0	$4,389		Yes (X)
Lynne Lochte
Former VP for Finance and Administration	40	0			$62,927	$0	$3,174			Yes (X)
Martin Sweidel
Former Sr VP for Strategic Initiatives	40	0			$16,014	$0	$12,334			Yes (X)
Kimara Ahnert-Class of 91
Trustee	5	0.00	Yes (X)		$0	$0	$0
Patricia Batza-Class of 91
Trustee	5	0	Yes (X)		$0	$0	$0
David I Bavar
Trustee	5	0.00	Yes (X)		$0	$0	$0
Robert Lee Bull Jr-Class of 93
Trustee	10.00	0	Yes (X)		$0	$0	$0
Michael Bulnes-Class of 18
Trustee	5	0	Yes (X)		$0	$0	$0
Kara Byrne Bundy-Class of 02
Trustee	5	0	Yes (X)		$0	$0	$0
Melinda J Burdette-Class of 72
Trustee	10	0	Yes (X)		$0	$0	$0
Henry Cubillan Class of 97
Trustee	5	0	Yes (X)		$0	$0	$0
Richard J Davis
Trustee	5	0	Yes (X)		$0	$0	$0
Elizabeth Ellers-Class of 81
Trustee	10	0	Yes (X)		$0	$0	$0
Elaine K Freeman-Class of 58
Trustee	5	0	Yes (X)		$0	$0	$0
Norma Lynn Fox-Class of 76
Trustee	5	0	Yes (X)		$0	$0	$0
Jay Gilman-Class of 2009
Trustee	10	0	Yes (X)		$0	$0	$0
Linda K Himmelberger-Class of 74
Trustee	5	0	Yes (X)		$0	$0	$0
Miriam Brown Hutchins-Class of 73
Trustee	10	0	Yes (X)		$0	$0	$0
Miriam E Katowitz-Class of 73
Trustee	10	0	Yes (X)		$0	$0	$0
Ruth Shapiro Lenrow-Class of 74
Trustee, Chair	25.00	0	Yes (X)		$0	$0	$0
John Edward Nobriga-Class of 2019
Trustee	5	0	Yes (X)		$0	$0	$0
John Olszewski Jr-Class of 04
Trustee	5	0	Yes (X)		$0	$0	$0
Antonia Pettit - Class of 20
Trustee	5	0	Yes (X)		$0	$0	$0
Faye Polayes-Class of 73
Trustee	5	0	Yes (X)		$0	$0	$0
Robert J Proutt
Trustee	5	0	Yes (X)		$0	$0	$0
William E Pugh II-Class of 94
Trustee, Treasurer	10	0	Yes (X)		$0	$0	$0
Dr Jocelyn Reader-Class of 02
Trustee	5	0	Yes (X)		$0	$0	$0
Ralph M Segall
Trustee	10	0	Yes (X)		$0	$0	$0
Jodie H Slaughter-Class of 79
Trustee	5	0	Yes (X)		$0	$0	$0
Lisa Lyden Stromberg-Class of 83
Trustee	10	0	Yes (X)		$0	$0	$0
Stewart Thomsen
Trustee	5	0	Yes (X)		$0	$0	$0
Theodore Venetoulis
Trustee	5	0	Yes (X)		$0	$0	$0
Marilyn S Warshawsky-Class of 68
Trustee	5.00	0	Yes (X)		$0	$0	$0
Craig Watson
Trustee	5	0	Yes (X)		$0	$0	$0
Betsy Weingarten-Class of 88
Trustee	5	0	Yes (X)		$0	$0	$0
Toby Wertheim-Class of 68
Trustee, Secretary	5	0	Yes (X)		$0	$0	$0
Jon Wexler-Class of 94
Trustee	10	0	Yes (X)		$0	$0	$0
Wendy S White-Class of 72
Trustee, Vice Chair	20	0	Yes (X)		$0	$0	$0
Margaret M Winslow-Class of 69
Trustee	5	0	Yes (X)		$0	$0	$0
Alex O Wood
Trustee	5	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,349,236	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$166,499	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	29	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	Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt	Address Line2ContractorAddress/USAddress/AddressLine2Txt
Bon Appetit Management Co
1021 Dulaney Valley Road	Baltimore	MD	21204	Food service provider	$1,197,563
Whelan Security Mid Atlantic Inc
1699 S Hanley Rd	St Louis	MO	63144	Security	$779,278	d/b/a GardaWorld Security Services	Suite 350
Educators Advancement Group Inc dba K-12 Teachers Alliance
20624 Abbey Woods Court North Frank	Frankfort	IL	60423	Program	$586,422
Ellucian Company LP
4375 Fair Lakes Court	Fairfax	VA	22033	Software Licensing	$329,013
Cambridge Associates LLC
100 Summer Street	Boston	MA	02110	Investment Advising	$290,600

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	21	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$0	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$13,379,690	GovernmentGrantsAmt
All Other Contributions	$10,102,181	AllOtherContributionsAmt
Noncash Contributions	$810,712	NoncashContributionsAmt
Total Contributions	$23,481,871	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Undergrad Tuition, Room & Board	611310	$50,778,742	$50,778,742	$0	$0
Graduate Tuition, Room & Board	611310	$8,128,312	$8,128,312	$0	$0
Continuing Professional Education	611310	$904,899	$904,899	$0	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$59,811,953	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,374,677	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$18,562	UnrelatedBusinessRevenueAmt
Exclusion	$1,356,115	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$53,077	RealAmt
Personal	$0	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$147,249	RealAmt
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$94,172	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$94,172	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$35,261	UnrelatedBusinessRevenueAmt
Exclusion	-$58,911	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$34,227,241	SecuritiesAmt
Other	$6,830,911	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$29,636,214	SecuritiesAmt
Other	$2,863,141	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$4,591,027	SecuritiesAmt
Other	$3,967,770	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,558,797	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$20,015	UnrelatedBusinessRevenueAmt
Exclusion	$8,538,782	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$0	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$38,422	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$15,654	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,768	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$22,768	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Summer Camp	611620	$6,100	$0	$0	$6,100
Pilates	611699	$251,744	$0	$251,744	$0
Pool	713940	-$721	$0	-$721	$0

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$119,947	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$119,947	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$377,070	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$93,532,964	TotalRevenueColumnAmt
Related Or Exempt Func Income	$59,811,953	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$254,339	UnrelatedBusinessRevenueAmt
Exclusion	$9,984,801	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$31,355,534	TotalAmt
Program Services	$31,355,534	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$734,976	TotalAmt
Program Services	$412,462	ProgramServicesAmt
Management And General	$273,427	ManagementAndGeneralAmt
Fundraising	$49,087	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$26,254,853	TotalAmt
Program Services	$19,943,167	ProgramServicesAmt
Management And General	$5,011,528	ManagementAndGeneralAmt
Fundraising	$1,300,158	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$71,578	TotalAmt
Program Services	$33,961	ProgramServicesAmt
Management And General	$35,807	ManagementAndGeneralAmt
Fundraising	$1,810	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,158,101	TotalAmt
Program Services	$2,252,272	ProgramServicesAmt
Management And General	$803,048	ManagementAndGeneralAmt
Fundraising	$102,781	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,949,698	TotalAmt
Program Services	$1,480,789	ProgramServicesAmt
Management And General	$371,249	ManagementAndGeneralAmt
Fundraising	$97,660	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$352,259	TotalAmt
Program Services	$63,618	ProgramServicesAmt
Management And General	$285,627	ManagementAndGeneralAmt
Fundraising	$3,014	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$133,077	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$133,077	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$16,555	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$16,555	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$904,119	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$904,119	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,234,564	TotalAmt
Program Services	$2,453,529	ProgramServicesAmt
Management And General	$683,220	ManagementAndGeneralAmt
Fundraising	$97,815	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$239,538	TotalAmt
Program Services	$56,808	ProgramServicesAmt
Management And General	$53,888	ManagementAndGeneralAmt
Fundraising	$128,842	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,135,168	TotalAmt
Program Services	$1,440,212	ProgramServicesAmt
Management And General	$623,070	ManagementAndGeneralAmt
Fundraising	$71,886	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,664,711	TotalAmt
Program Services	$210,390	ProgramServicesAmt
Management And General	$1,453,401	ManagementAndGeneralAmt
Fundraising	$920	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,772,589	TotalAmt
Program Services	$1,427,205	ProgramServicesAmt
Management And General	$1,331,965	ManagementAndGeneralAmt
Fundraising	$13,419	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$37,565	TotalAmt
Program Services	$35,213	ProgramServicesAmt
Management And General	$959	ManagementAndGeneralAmt
Fundraising	$1,393	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$116,937	TotalAmt
Program Services	$97,477	ProgramServicesAmt
Management And General	$5,879	ManagementAndGeneralAmt
Fundraising	$13,581	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,840,651	TotalAmt
Program Services	$3,840,651	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$8,895,734	TotalAmt
Program Services	$8,361,990	ProgramServicesAmt
Management And General	$444,787	ManagementAndGeneralAmt
Fundraising	$88,957	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$586,057	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$586,057	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Food Service Cost	$945,404	$945,404	$0	$0
Study abroad expense	-$23,252	-$23,252	$0	$0
Food	$22,631	$9,273	$12,158	$1,200
Other Administrative	$240,416	$66,296	$173,895	$225

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$89,639,463	TotalAmt
Program Services	$74,462,999	ProgramServicesAmt
Management And General	$13,203,716	ManagementAndGeneralAmt
Fundraising	$1,972,748	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,779,575	BOYAmt
EOY	$11,040,477	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,171,640	BOYAmt
EOY	$1,199,593	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,051,498	BOYAmt
EOY	$1,029,558	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,304,279	BOYAmt
EOY	$5,744,378	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,288,163	BOYAmt
EOY	$1,860,508	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$305,507,008	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$133,614,751	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$179,792,123	BOYAmt
EOY	$171,892,257	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$140,361,216	BOYAmt
EOY	$174,769,840	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$55,467,361	BOYAmt
EOY	$83,364,294	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,471,327	BOYAmt
EOY	$3,548,561	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,590,966	BOYAmt
EOY	$7,391,255	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$394,278,148	BOYAmt
EOY	$461,840,721	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,545,193	BOYAmt
EOY	$7,856,409	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$5,364,366	BOYAmt
EOY	$3,500,807	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$105,382,804	BOYAmt
EOY	$103,030,378	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,384,209	BOYAmt
EOY	$15,635,505	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$134,676,572	BOYAmt
EOY	$130,023,099	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	$82,463,243	BOYAmt
EOY	$95,430,519	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$177,138,333	BOYAmt
EOY	$236,387,103	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$259,601,576	BOYAmt
EOY	$331,817,622	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$394,278,148	BOYAmt
EOY	$461,840,721	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$3,893,501	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$66,687,417	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$1,635,128	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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	$11,817,463	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,901,533	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,611,723	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,189,472	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,481,871	CurrentTaxYearAmt
Total	$71,002,062	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$11,817,463	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,901,533	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,611,723	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,189,472	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,481,871	CurrentTaxYearAmt
Total	$71,002,062	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$15,029,076	SubstantialContributorsTotAmt
Public Support Total170	$55,972,986	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,271,012	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,826,985	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,238,763	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,214,272	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,389,826	CurrentTaxYearAmt
Total	$11,940,858	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$51,406	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$51,406	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$890,711	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$716,269	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$715,079	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$655,328	CurrentTaxYearMinus1YearAmt
Current Tax Year	$164,469	CurrentTaxYearAmt
Total	$3,141,856	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$86,136,182	TotalSupportAmt
Gross Receipts Rltd Activities	$406,204,113	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.64982	PublicSupportCY170Pct
Public Support PY170	0.58109	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10	FormAndLineReferenceDesc
Explanation	Includes other revenue	ExplanationTxt

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	Yes (1)	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$4,732	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$11,823	OtherActivitiesAmt
Total Lobbying Expenditures	$16,555	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1	FormAndLineReferenceDesc
Explanation	Members of Goucher's senior management team and a select number of students participate in the annual Independent Higher Education Day. The event was held virtually and sponsored by the Maryland Independent College and University Associate (MICUA), of which Goucher is a member, and brought students and administrators from across the state to Maryland's capital for a briefing and visits with elected officials. In addition, members of Goucher's staff met with elected officials on behalf of the College. The associated compensation for these activities is reported on lines 1g. The organization paid membership dues to the National Association of Independent Colleges and Universities (NAICU) and to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU and MICUA set aside a portion of the dues paid to engage in non-deductible lobbying and political expenditures. Accordingly, the College has reported an equal amount on line 1i.	ExplanationTxt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	Education	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$191,378,000	BeginningYearBalanceAmt
Contributions	$73,947,000	ContributionsAmt
Investment Earnings Or Losses	$5,993,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,842,000	GrantsOrScholarshipsAmt
Other Expenditures	$7,135,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$259,341,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$203,430,000	BeginningYearBalanceAmt
Contributions	$1,330,000	ContributionsAmt
Investment Earnings Or Losses	$7,470,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,547,000	GrantsOrScholarshipsAmt
Other Expenditures	$15,744,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$191,939,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$214,921,000	BeginningYearBalanceAmt
Contributions	$1,330,000	ContributionsAmt
Investment Earnings Or Losses	$7,470,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,785,000	GrantsOrScholarshipsAmt
Other Expenditures	$15,744,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$203,192,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$209,577,000	BeginningYearBalanceAmt
Contributions	$845,000	ContributionsAmt
Investment Earnings Or Losses	$16,871,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,785,000	GrantsOrScholarshipsAmt
Other Expenditures	$7,587,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$214,921,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$201,482,000	BeginningYearBalanceAmt
Contributions	$785,000	ContributionsAmt
Investment Earnings Or Losses	$19,455,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,404,000	GrantsOrScholarshipsAmt
Other Expenditures	$7,741,000	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$209,577,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.148	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.36	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.492	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$14,674,905	OtherCostOrOtherBasisAmt
Book Value	$14,674,905	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$259,186,989	OtherCostOrOtherBasisAmt
Depreciation	$108,563,343	DepreciationAmt
Book Value	$150,623,646	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$0	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$29,208,841	OtherCostOrOtherBasisAmt
Depreciation	$25,051,408	DepreciationAmt
Book Value	$4,157,433	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$2,436,273	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$2,436,273	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$171,892,257	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Hedge Funds	$25,510,334	F
Limited Partnership Interest	$57,853,960	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$83,364,294	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
Other long term liabilies	$6,132,623
Obligation under interest rate swap agreement	$4,429,705
Refundable advances from U.S. government	$1,268,208
Asset Retirement Obligation	$2,098,708
Payables and deferred revenues under split interest arrangements	$1,706,261

Field	Value	IRS element (for citing)
Total Liability	$15,635,505	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$130,288,000	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$66,687,417	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$29,970,583	OtherRevenueAmt
Revenue Not Reported	$36,716,834	RevenueNotReportedAmt
Revenue Subtotal	$93,571,166	RevenueSubtotalAmt
Investment Expenses Not Incld	$0	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$38,202	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$38,202	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$93,532,964	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$58,071,000	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$0	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	$37,247	OtherExpensesIncludedAmt
Expenses Not Reported	$37,247	ExpensesNotReportedAmt
Expenses Subtotal	$58,033,753	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$0	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$31,605,710	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$31,605,710	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$89,639,463	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 1	The College did not disclose its collection and related policies in its financial statements.
Schedule D, Part III, Line 4	The College art collection is comprised of works of fine art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value. The art collection is owned by the College. Art objects are housed in buildings or on the campus grounds of the College, or are loaned by the College to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings and other artistic objects. The collection is used for scholarly research, education and public exhibition in furtherance of the exempt purposes of the College.
Schedule D, Part V, Line 4	The endowment of Goucher College generated income to support the College both generally and in specific ways designated by our generous donors. Income, allocated across approximately 730 endowments, supports both merit and need-based scholarships of undergraduate and graduate students; fellowships; internships; professorships; lectureships; the College library; and the College's general operating budget.
Schedule D, Part X, Line 2	The College is qualified as a not for profit organization under section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the College is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for 2021 or 2020. Management has analyzed the tax positions taken by the College and has concluded that as of June 30, 2021 and 2020, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements. The College is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.
Schedule D, Part XI, Line 2d	Schedule D, Part XI, Line 2d - Includes student financial aid of ($30,346,052), KTA Revenue Share of ($586,422), cost of study abroad of $23,252, investment fees ($904,119), unrealized gain on swap agreement of $1,635,128, net of reimbursements of expense, reclassified from revenue to expense of $125,556, revenue and other contra revenue of $82,072.
Schedule D, Part XI, Line 4b	Schedule D, Part XI, Line 4b - Expenses presented net within revenue, of ($38,202).
Schedule D, Part XII, Line 2d	Schedule D, Part XII, Line 2d - Expenses presented net within revenue, of $37,247.
Schedule D, Part XII, Line 4b	Schedule D, Part XII, Line 4b - Includes student financial aid of $30,346,052, KTA revenue share of $586,422, investment fees of $904,119, less cost of study abroad of $23,252, less certain expenses presented net within revenue, of $125,556, and other of $82,072.

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	Yes (1)	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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3	The racially nondiscriminatory policy is published in the College's academic catalog, student handbook and on the website.
Schedule E, Part I, Line 6	The College participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity Grant Program, Federal Work Study Program, Perkins Loan Program, Federal Direct Student Loans, and Teacher Education Assistance for College and Higher Education. The College also received grants from the Maryland State Department of Education, Maryland Higher Education Commission and participates in Maryland Sellinger Program. In addition, the College was awarded sponsored research and other program grants funded by National Institute of Health, National Endowment for the Humanities, and the US Department of Education
Schedule E, Part I, Line 6a	The College participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity Grant Program, Federal Work Study Program, Perkins Loan Program, Federal Direct Student Loans, and Teacher Education Assistance for College and Higher Education. The College also received grants from the Maryland State Department of Education, Maryland Higher Education Commission and participates in the Maryland Sellinger Program. In addition, the College was awarded sponsored research and other program grants funded by the National Institute of Health, National Endowment for the Humanities, and the US Department of Education.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Investments	Investments	$6,029,067
Central America and the Caribbean	Program Services	Educational supplies	$1,463
East Asia and the Pacific	Program Services	Educational supplies	$5,749
Europe (including Iceland and Greenland)	Program Services	Educational supplies	$7,988
North America (including Canada and Mexico, but not the United States)	Program Services	Educational supplies	$3,469

Field	Value	IRS element (for citing)
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Total Spent	$6,047,736	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule F, Part I, Line 1	The College, through its investment in various alternative assets, has transfers to foreign corporations during the year. The College will file Forms 926 where transfers to foreign corporations exceed $100,000.
Schedule F, Part I, Line 2	The College provides institutional grant funds limited to need-based and merit-based assistance to its students while they participate in study abroad experiences. In general, grants are credited into the student's tuition account. Financial need is determined by subtracting the expected family contribution - as calculated on the Free Application of Federal Student Aid (FAFSA) - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid, in cooperation with the Office of Global Education. However, none of our students traveled abroad, therefore, foreign aid is $0.
Schedule F, Part IV, Line 3	The College, through its investment in various alternative assets, has interests in foreign corporations. However, the College's interest in any single foreign corporation was less than 10 percent. Accordingly, the College is not required to file Form 5471.
Schedule F, Part IV, Line 4	The College, through its investment in various alternative assets and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund; however, the College is not required to file Form 8621.
Schedule F, Part IV, Line 5	The College, through its investment in various alternative assets, has ownership in foreign partnerships. However, the College owned less than 10% of any single foreign partnership and it did not directly or indirectly transfer greater than $100,000 to any foreign partnership. Accordingly, the College is not required to file Form 8865.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Non Cash AssistanceNonCashAssistanceDesc
Undergraduate and graduate grants, scholarships, and discounts	1341	$30,368,806	$0	0
Prizes, awards, internships, and fellowships	201	$248,196	$0
CRRSAA Grant	398	$738,532	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Schedule I, Part I, Line 2 - Goucher College's institutional grant funds are limited to need-based and merit-based financial assistance for attendance at the College. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements is also overseen by the Office of Student Financial Aid.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	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 (3 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
Kent Devereaux
President	$292,694	$0	$0	$0	$1,346	$0	$4,875	$0	$49,187	$0	$348,102	$0	$0	$0
Jonathan Lindsay
VP for Enrollment Management	$184,502	$0	$0	$0	$1,089	$0	$2,188	$0	$22,518	$0	$210,297	$0	$0	$0
William Leimbach
VP for Information Technology and Planning	$157,555	$0	$0	$0	$1,247	$0	$4,219	$0	$10,089	$0	$173,110	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a	A residence and limited personal services are provided for the convenience of the President of the College. A housing allowance of $26,000 is included in the President's non-taxable compensation. In addition, the College provides a de minims gross-up payment to senior staff to cover the tax impact of long-term disability insurance.
Schedule J, Part I, Line 4	Lynne Lochte, the former VP for Finance and Administration, received $33,408 in severance during the calendar year.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Business Name Line2IssuerName/BusinessNameLine2Txt	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
MD Health and Higher Educational Facilities Authority
A	Series 2012A	520936091	574218KW2	2012-08-30	$22,315,289	Refund Series 2004 Revenue Bonds originally issued Aug. 18, 2004.	0	0	0
MD Health and Higher Educational Facilities Authority
B	Goucher College Issue Series 2017A	520936091	5742182H5	2017-06-20	$60,565,232	Refund MHHEFA Series 2012B and 2012C bonds, dated 8/2012	0	0	0
MD Health and Higher Education Authority
C	Goucher Issue 2017B	520936091		2017-06-20	$30,000,000	To finance and refinance the costs of certain capital projects to enhance residential life on campus	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$1,200,000	$0	$22,315,289	$1,423,732	$0	$0	$87,289	$0	$0	$0	$22,228,000	$0	2012	0	Yes (1)	Yes (1)	Yes (1)
B	$1,860,000	$0	$60,565,232	$1,122,416	$0	$0	$1,068,599	$0	$0	$0	$60,488,631	$0	2017	Yes (1)	0	Yes (1)	Yes (1)
C	$4,608,000	$0	$30,000,000	$0	$0	$0	$0	$0	$0	$30,000,000	$0	$0	2019	0	0	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	Yes (1)	0	Yes (1)	Yes (1)
B	Yes (1)	0	0	0	Yes (1)
C	Yes (1)	0	Yes (1)	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule K, Part IV, Line 2c-08/30/2012 22,315,289 MD Health and Higher Educational Facilities Autho	FormAndLineReferenceDesc
Explanation	Schedule K, Part IV, Line 2c-08/30/2012 22,315,289 MD Health and Higher Educational Facilities Autho - BNY Mellon prepared the Goucher College MHHEFA Series 2012A rebate calculation as 7/1/17 and determined no rebate was due.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	policy	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	47	ContributionCnt
Noncash Contributions Rpt F990	$810,712	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Horse	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	policy	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule M, Part I	Schedule M, Part I - The number reported in column (b) represents the number of items contributed, except for line 9 - securities where all securities donated on one day by the same donor was counted as one contribution.
Schedule M, Part I, Line 33	Schedule M, Part I, Line 33 - It is the policy of the College to record works of art, books, horses and other non cash gifts received at a book value of zero.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	After review by the Audit Committee, the complete Form 990 and Form 990T were distributed electronically to all members of the Board of Trustees for a period of review and comment lasting 7 days. At the conclusion of the periods of comment and review, a meeting of the Audit Committee of the Board of Trustees was convened to review and revise (if necessary) the Form 990 and 990T. The Forms were approved for Filing by the Audit Committee of the Board of Trustees on May 9, 2022.
Form 990, Part VI, Section B, Line 12c	Every trustee, officer and key employee is provided a copy of the Conflict-of-Interest Policy annually and required to complete an annual disclosure form reporting any known material financial or other interest of the trustee, officer or key employee or a family member in any transaction or business relationship the College has or is considering, including material financial or other interests in any outside entity involved in such transaction or relationship. A report of disclosures are presented to the Audit Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure and these actions are implemented by the CFO and VP for Finance & Administration. The policy directs the committee to review and update the list of the key employees, and the policy itself is reviewed on a regular basis and revised as necessary.
Form 990, Part VI, Section B, Line 15	Goucher College uses the median of relevant markets to determine salary for positions. For exempt-level positions, the median of the market for private, independent colleges using CUPA-HR salary survey data is used. For non-exempt positions, both local market data (not higher education specific) and the median for private, independent colleges using CUPA-HR salary survey data is used. Faculty salaries have historically been determined solely by rank; however, beginning in 2021, Goucher College began looking at the median of the market for private, independent colleges using CUPA-HR salary survey data by academic discipline. This compensation philosophy was discussed and agreed to by President's Cabinet. A Presidential performance review form is used by the Board to evaluate the president's performance. A copy of the report is maintained by the Associate Vice President for Human Resources.
Form 990, Part VI, Section C, Line 19	The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Some policies are also available on the College website.
Form 990, Part XI, Line 9	Changes in fair value of interest rate swap agreement $1,635,128.

Schedule R IRS990ScheduleR

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	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
Pooled Income Fund (2)
1021 Dulaney Valley Road	Baltimore	MD	21204	Annuity	MD	N/A	T	0
Charitable Remainder Unitrust (3)
1021 Dulaney Valley Road	Baltimore	MD	21204	Annuity	MD	N/A	T	0
Charitable Remainder Trust (1)
1021 Dulaney Valley Road	Baltmore	MD	21204	Annuity	FL	N/A	T	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	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd