WILLIAMS COLLEGE: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAMS COLLEGE (EIN 04-2104847)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-17
- IRS object ID
- 202101379349305700
- Schema version
- 2019v5.0
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T13:31:00-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9600 Brownsboro Road Suite 400 | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402411122 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104847 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williams College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 4135974412 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HOPKINS HALL PO BOX 67 | AddressLine1Txt |
| City | WILLIAMSTOWN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01267 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FREDERICK W PUDDESTER | PersonNm |
| Person Title | VP FIN / ADMIN & TREAS | PersonTitleTxt |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rachel Spurlock | PreparerPersonNm |
| PTIN | P00520729 | PTIN |
| Phone | 5023263996 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAUD S MANDEL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HOPKINS HALL PO BOX 67 | AddressLine1Txt |
| City | WILLIAMSTOWN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01267 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $684,526,964 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WILLIAMS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1793 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 3817 | TotalEmployeeCnt |
| Total Volunteers | 5635 | TotalVolunteersCnt |
| Total Gross UBI | -$3,937,338 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$6,331,028 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $67,517,086 | PYContributionsGrantsAmt |
| CY Contributions Grants | $53,444,284 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $150,978,403 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $151,735,391 | CYProgramServiceRevenueAmt |
| PY Investment Income | $252,007,895 | PYInvestmentIncomeAmt |
| CY Investment Income | $145,852,893 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,437,486 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,152,021 | CYOtherRevenueAmt |
| PY Total Revenue | $469,065,898 | PYTotalRevenueAmt |
| CY Total Revenue | $349,880,547 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $55,985,339 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $57,958,040 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $144,925,561 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $152,406,824 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,772,058 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $124,057,843 | PYOtherExpensesAmt |
| CY Other Expenses | $113,161,358 | CYOtherExpensesAmt |
| PY Total Expenses | $324,968,743 | PYTotalExpensesAmt |
| CY Total Expenses | $323,526,222 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $144,097,155 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $26,354,325 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,124,342,736 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,107,584,297 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $895,515,100 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $921,315,777 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,228,827,636 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,186,268,520 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $282,633,521 | ExpenseAmt |
| Grant | $57,958,040 | GrantAmt |
| Revenue | $151,735,391 | RevenueAmt |
| Desc | WILLIAMS IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR APPROXIMATELY 2,000 FULL-TIME UNDERGRADUATE AND 50 GRADUATE STUDENTS WHO COME FROM ALL OF THE 50 STATES and countries from around the world. THE WILLIAMS CURRICULUM OFFERS STUDY IN THE HUMANITIES, THE SOCIAL SCIENCES AND THE NATURAL SCIENCES AND COMBINES A BROAD EDUCATION WITH KNOWLEDGE OF ONE FIELD IN DEPTH. THE COLLEGE OFFERS THE BACHELOR OF ARTS DEGREE AT THE UNDERGRADUATE LEVEL. IN ADDITION, MASTER OF ARTS PROGRAMS IN POLICY ECONOMICS AND HISTORY OF ART ARE OFFERED. | Desc |
| Total Program Service Expenses | $282,633,521 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 3727 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3817 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (true) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN HOGAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4135974204 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 67 | AddressLine1Txt |
| City | WILLIAMSTOWN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01267 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| MAUD MANDEL | |||||||||
| PRESIDENT | 40.0 | 1.0 | Yes (X) | Yes (X) | $554,405 | $0 | $160,974 | ||
| COOPER CAMPBELL JACKSON | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| ELIZABETH A ANDERSEN | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| ELIZABETH E ROBINSON | |||||||||
| TRUSTEE/CHAIR | 6.0 | Yes (X) | $0 | $0 | $0 | ||||
| GREGORY H WOODS | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| GRETCHEN E HOWARD | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY S HARLESTON | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| JILLIAN E CHARLES | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| JONATHAN D SOKOLOFF | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| KATHERINE L QUEENEY | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| LEILA JERE | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARIAM B NAFICY | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARK R TERCEK | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARTHA WILLIAMSON | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHELE Y JOHNSON ROGERS | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| NATHAN K SLEEPER | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| NORIKO HONDA CHEN | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| O ANDREAS HALVORSEN | |||||||||
| TRUSTEE | 4.0 | 4.0 | Yes (X) | $0 | $0 | $0 | |||
| SARAH MOLLMAN UNDERHILL | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS M BELK | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| TIMOTHY A BARROWS | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| VALERIE A DIFEBO | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM C FOOTE | |||||||||
| TRUSTEE | 4.0 | Yes (X) | $0 | $0 | $0 | ||||
| COLLETTE CHILTON | |||||||||
| CHIEF INVESTMENT OFFICER | 40.0 | Yes (X) | $1,415,408 | $0 | $604,924 | ||||
| DAVID A LOVE | |||||||||
| PROVOST, PROF OF ECONOMICS | 40.0 | Yes (X) | $267,916 | $0 | $62,981 | ||||
| DENISE K BUELL | |||||||||
| DEAN OF THE FACULTY, PROF OF RELIGION | 40.0 | Yes (X) | $268,059 | $0 | $50,762 | ||||
| FREDERICK PUDDESTER | |||||||||
| VP FOR FINANCE & ADMIN & TREAS | 40.0 | Yes (X) | $450,135 | $0 | $57,618 | ||||
| JAMES REISCHE | |||||||||
| VP OF COMMUNICATIONS | 40.0 | Yes (X) | $214,088 | $0 | $71,713 | ||||
| KELI A GAIL | |||||||||
| SECRETARY OF THE COLLEGE | 40.0 | Yes (X) | $232,048 | $0 | $73,575 | ||||
| LEE Y PARK | |||||||||
| Dean of the Faculty, Prof of Chemistry | 40.0 | Yes (X) | $156,746 | $0 | $34,495 | ||||
| LETICIA Smith-Evans HAYNES | |||||||||
| VP for Institutional Diversity, Equity, and Inclusion | 40.0 | Yes (X) | $211,241 | $0 | $57,525 | ||||
| MARLENE J SANDSTROM | |||||||||
| DEAN OF COLLEGE, PROF OF PSYCH | 40.0 | Yes (X) | $266,469 | $0 | $58,054 | ||||
| MEGAN E MOREY | |||||||||
| VP OF COLLEGE RELATIONS | 40.0 | Yes (X) | $380,284 | $0 | $99,529 | ||||
| STEPHEN P KLASS | |||||||||
| VP FOR CAMPUS LIFE | 40.0 | Yes (X) | $352,870 | $0 | $55,900 | ||||
| ABIGAIL G WATTLEY | |||||||||
| MANAGING DIRECTOR, INV OFFICE | 40.0 | $517,277 | $0 | $164,514 | Yes (X) | ||||
| BRADFORD B WAKEMAN | |||||||||
| MANAGING DIR / COO, INV OFFICE | 40.0 | $635,446 | $0 | $216,697 | Yes (X) | ||||
| CHARLES DEW | |||||||||
| EPHRAIM PROFESSOR OF AMERICAN HISTORY, EMERITUS | 40.0 | $231,435 | $0 | $43,136 | Yes (X) | ||||
| JAY Pasachoff | |||||||||
| CHAIR AND FIELD MEMORIAL PROFESSOR OF ASTRONOMY, DIRECTOR OF THE HOPKINS OBSERVATORY | 40.0 | $233,036 | $0 | $42,347 | Yes (X) | ||||
| JULIA CROSBY | |||||||||
| MANAGING DIRECTOR, INV OFFICE | 40.0 | $644,985 | $0 | $208,037 | Yes (X) | ||||
| PROTIK K MAJUMDER | |||||||||
| PROF PHYSICS/FRMR PRESIDENT | 40.0 | $173,299 | $0 | $88,485 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,205,147 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,151,266 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 283 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cambridge Seven Associates Inc | |||||
| 1050 Massachusetts Ave | Cambridge | MA | 02138 | architect | $853,521 |
| Payette Associates Inc | |||||
| 290 Congress St 5th Floor | Boston | MA | 02210 | architect | $807,077 |
| Eplus Technology Inc | |||||
| 13595 Dulles Technology Drive | Herndon | VA | 20171 | Network & Systems Consulting | $561,905 |
| PricewaterhouseCoopers LLP | |||||
| 125 High St | Boston | MA | 02110 | accounting services | $479,183 |
| Strata Fund Solutions LLC | |||||
| 257 E 200 S STE 1300 | Salt Lake City | UT | 84111 | investment services | $421,860 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 41 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,236,499 | GovernmentGrantsAmt |
| All Other Contributions | $51,207,785 | AllOtherContributionsAmt |
| Noncash Contributions | $17,671,586 | NoncashContributionsAmt |
| Total Contributions | $53,444,284 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION, FEES, ROOM AND BOARD | 900099 | $144,611,608 | $144,611,608 |
| AUXILIARY REVENUE | 721000 | $7,123,783 | $7,123,783 |
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 | $151,735,391 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $634,155 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$6,664,738 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,298,893 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $609 | TotalRevenueColumnAmt |
| Exclusion | $609 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,095,605 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,247,626 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$1,152,021 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,152,021 | TotalRevenueColumnAmt |
| Exclusion | -$1,152,021 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $476,616,920 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $331,398,791 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $145,218,129 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $145,218,129 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,727,400 | UnrelatedBusinessRevenueAmt |
| Exclusion | $142,490,729 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| 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) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $349,880,547 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $151,735,391 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,937,338 | UnrelatedBusinessRevenueAmt |
| Exclusion | $148,638,210 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,309 | TotalAmt |
| Program Services | $299,309 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,448,954 | TotalAmt |
| Program Services | $57,448,954 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,777 | TotalAmt |
| Program Services | $209,777 | 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 | $4,013,640 | TotalAmt |
| Program Services | $1,185,983 | ProgramServicesAmt |
| Management And General | $1,846,701 | ManagementAndGeneralAmt |
| Fundraising | $980,956 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,361 | TotalAmt |
| Program Services | $174,744 | ProgramServicesAmt |
| Management And General | $54,617 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,796,495 | TotalAmt |
| Program Services | $91,921,685 | ProgramServicesAmt |
| Management And General | $11,818,448 | ManagementAndGeneralAmt |
| Fundraising | $4,056,362 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,348,415 | TotalAmt |
| Program Services | $7,876,707 | ProgramServicesAmt |
| Management And General | $1,121,132 | ManagementAndGeneralAmt |
| Fundraising | $350,576 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,452,001 | TotalAmt |
| Program Services | $20,079,460 | ProgramServicesAmt |
| Management And General | $2,631,490 | ManagementAndGeneralAmt |
| Fundraising | $741,051 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,566,912 | TotalAmt |
| Program Services | $6,375,663 | ProgramServicesAmt |
| Management And General | $907,481 | ManagementAndGeneralAmt |
| Fundraising | $283,768 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,369 | TotalAmt |
| Program Services | $6,908 | ProgramServicesAmt |
| Management And General | $265,461 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,438 | TotalAmt |
| Program Services | $30,562 | ProgramServicesAmt |
| Management And General | $278,655 | ManagementAndGeneralAmt |
| Fundraising | $7,221 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,206,444 | TotalAmt |
| Program Services | $17,923,572 | ProgramServicesAmt |
| Management And General | $1,723,262 | ManagementAndGeneralAmt |
| Fundraising | $559,610 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,062 | TotalAmt |
| Program Services | $75,579 | ProgramServicesAmt |
| Management And General | $118,006 | ManagementAndGeneralAmt |
| Fundraising | $477 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,277,713 | TotalAmt |
| Program Services | $6,862,120 | ProgramServicesAmt |
| Management And General | $297,784 | ManagementAndGeneralAmt |
| Fundraising | $117,809 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,988,965 | TotalAmt |
| Program Services | $2,328,768 | ProgramServicesAmt |
| Management And General | $636,765 | ManagementAndGeneralAmt |
| Fundraising | $23,432 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,727,754 | TotalAmt |
| Program Services | $5,288,943 | ProgramServicesAmt |
| Management And General | $294,003 | ManagementAndGeneralAmt |
| Fundraising | $144,808 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,461,823 | TotalAmt |
| Program Services | $4,628,977 | ProgramServicesAmt |
| Management And General | $498,640 | ManagementAndGeneralAmt |
| Fundraising | $334,206 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,846 | TotalAmt |
| Program Services | $145,982 | ProgramServicesAmt |
| Management And General | $22,787 | ManagementAndGeneralAmt |
| Fundraising | $25,077 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,261,120 | TotalAmt |
| Program Services | $9,488,297 | ProgramServicesAmt |
| Management And General | $1,350,518 | ManagementAndGeneralAmt |
| Fundraising | $422,305 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,982,047 | TotalAmt |
| Program Services | $31,102,121 | ProgramServicesAmt |
| Management And General | $4,497,072 | ManagementAndGeneralAmt |
| Fundraising | $1,382,854 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,643,586 | TotalAmt |
| Program Services | $29,346 | ProgramServicesAmt |
| Management And General | $1,614,168 | ManagementAndGeneralAmt |
| Fundraising | $72 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FELLOWSHIPS, STUDENT PRIZES | $5,405,982 | $5,361,343 | $44,639 | |
| EQUIPMENT RENTAL AND MAINTANCE | $7,424,390 | $6,930,198 | $464,996 | $29,196 |
| NON CAPPED PLANT EXPENSES | $7,804,819 | $6,858,523 | $634,018 | $312,278 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,526,222 | TotalAmt |
| Program Services | $282,633,521 | ProgramServicesAmt |
| Management And General | $31,120,643 | ManagementAndGeneralAmt |
| Fundraising | $9,772,058 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,013,271 | BOYAmt |
| EOY | $26,369,259 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,698,859 | BOYAmt |
| EOY | $10,812,046 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,609,408 | BOYAmt |
| EOY | $87,451,390 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,892,356 | BOYAmt |
| EOY | $1,048,290 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,408 | BOYAmt |
| EOY | $239,302 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,016,419 | BOYAmt |
| EOY | $12,872,464 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,027 | BOYAmt |
| EOY | $289,629 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,875,966 | BOYAmt |
| EOY | $11,622,735 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,168,101,801 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $451,345,955 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $681,502,916 | BOYAmt |
| EOY | $716,755,846 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,158,854 | BOYAmt |
| EOY | $34,776,720 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,145,482,169 | BOYAmt |
| EOY | $3,189,801,832 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,920 | BOYAmt |
| EOY | $1,720,136 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,527,163 | BOYAmt |
| EOY | $13,824,648 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,124,342,736 | BOYAmt |
| EOY | $4,107,584,297 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,689,049 | BOYAmt |
| EOY | $83,110,648 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,835,177 | BOYAmt |
| EOY | $3,618,335 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,544,674 | BOYAmt |
| EOY | $425,178,670 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,475,892 | BOYAmt |
| EOY | $54,698,457 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,970,308 | BOYAmt |
| EOY | $354,709,667 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $895,515,100 | BOYAmt |
| EOY | $921,315,777 | 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 | $414,639,448 | BOYAmt |
| EOY | $400,776,044 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,814,188,188 | BOYAmt |
| EOY | $2,785,492,476 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,228,827,636 | BOYAmt |
| EOY | $3,186,268,520 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,124,342,736 | BOYAmt |
| EOY | $4,107,584,297 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $26,354,325 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$60,679,557 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$8,233,884 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 | $68,769,484 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,314,764 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,532,953 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $67,517,086 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,444,284 | CurrentTaxYearAmt |
| Total | $379,578,571 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,769,484 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,314,764 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,532,953 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $67,517,086 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,444,284 | CurrentTaxYearAmt |
| Total | $379,578,571 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $43,500,778 | SubstantialContributorsTotAmt |
| Public Support Total170 | $336,077,793 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,852,743 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,143,438 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,501,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,513,153 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,730,369 | CurrentTaxYearAmt |
| Total | $24,740,941 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $404,319,512 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $734,103,393 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.8312 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7545 | 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 I, Line 2 Explanation of filing | FormAndLineReferenceDesc |
| Explanation | To qualify for limited donor disclosure under the special rule on Schedule B, the public support test has been completed to demonstrate the university meets the quantitative support test under Section 509(a)(1) of the internal revenue code, which requires an organization to receive a substantial part of its support from a governmental unit or from the general public. | 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 | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $55,815 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $55,815 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS INCLUDING NACUBO, NAICU, AND AICUM WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $0 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $125,453 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $2,506,566 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $2,973,678 | RevenuesIncludedAmt |
| Assets Included | $53,769,649 | 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 |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,729,896,193 | BeginningYearBalanceAmt |
| Contributions | $31,790,239 | ContributionsAmt |
| Investment Earnings Or Losses | $86,454,800 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $37,181,396 | GrantsOrScholarshipsAmt |
| Other Expenditures | $91,328,534 | OtherExpendituresAmt |
| Administrative Expenses | $6,343,446 | AdministrativeExpensesAmt |
| End Year Balance | $2,713,287,856 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,612,003,490 | BeginningYearBalanceAmt |
| Contributions | $43,061,074 | ContributionsAmt |
| Investment Earnings Or Losses | $243,206,573 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $29,649,127 | GrantsOrScholarshipsAmt |
| Other Expenditures | $131,065,159 | OtherExpendituresAmt |
| Administrative Expenses | $7,660,658 | AdministrativeExpensesAmt |
| End Year Balance | $2,729,896,193 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,382,934,150 | BeginningYearBalanceAmt |
| Contributions | $19,934,890 | ContributionsAmt |
| Investment Earnings Or Losses | $311,454,291 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $22,758,502 | GrantsOrScholarshipsAmt |
| Other Expenditures | $72,544,413 | OtherExpendituresAmt |
| Administrative Expenses | $7,016,926 | AdministrativeExpensesAmt |
| End Year Balance | $2,612,003,490 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,146,509,040 | BeginningYearBalanceAmt |
| Contributions | $37,576,619 | ContributionsAmt |
| Investment Earnings Or Losses | $303,172,136 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,627,014 | GrantsOrScholarshipsAmt |
| Other Expenditures | $72,444,759 | OtherExpendituresAmt |
| Administrative Expenses | $6,251,872 | AdministrativeExpensesAmt |
| End Year Balance | $2,382,934,150 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,251,976,280 | BeginningYearBalanceAmt |
| Contributions | $22,060,972 | ContributionsAmt |
| Investment Earnings Or Losses | -$35,220,183 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $24,661,307 | GrantsOrScholarshipsAmt |
| Other Expenditures | $62,718,883 | OtherExpendituresAmt |
| Administrative Expenses | $4,927,839 | AdministrativeExpensesAmt |
| End Year Balance | $2,146,509,040 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.082 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.675 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.243 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $866,350 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $12,768,499 | OtherCostOrOtherBasisAmt |
| Book Value | $13,634,849 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,878,762 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $897,229,190 | OtherCostOrOtherBasisAmt |
| Depreciation | $351,245,637 | DepreciationAmt |
| Book Value | $548,862,315 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $115,552,987 | OtherCostOrOtherBasisAmt |
| Depreciation | $74,135,840 | DepreciationAmt |
| Book Value | $41,417,147 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $138,806,013 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,964,478 | DepreciationAmt |
| Book Value | $112,841,535 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $716,755,846 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Global Long/Short Equity Funds | $1,354,576,120 | F |
| Absolute return funds | $547,077,371 | F |
| Venture Capital funds | $539,789,605 | F |
| Buyout funds | $234,388,181 | F |
| Real Asset funds | $128,399,184 | F |
| Real Estate funds | $127,250,576 | F |
| Noninvestment Grade Fixed income funds | $193,010,603 | F |
| Other Investment assets | $65,310,192 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,189,801,832 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| US GOV'T ADVANCES FOR STUDENTS | $2,310,918 |
| INVEST. ON BEHALF OF SUPP ORG | $352,398,749 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $354,709,667 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $226,556,001 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$60,679,557 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$8,233,884 | OtherRevenueAmt |
| Revenue Not Reported | -$68,913,441 | RevenueNotReportedAmt |
| Revenue Subtotal | $295,469,442 | RevenueSubtotalAmt |
| Other Revenues Not Included | $54,411,105 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $54,411,105 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $349,880,547 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $269,115,117 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $269,115,117 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $54,411,105 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $54,411,105 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $323,526,222 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1a Collections of Art, Historical Treasures, or Other Similar Assets | THE COLLEGE'S ART AND RARE BOOK COLLECTIONS ARE RECORDED AT COST OR APPRAISED VALUE AT THE DATE OF ACQUISITION. COLLECTIONS ARE NOT DEPRECIATED. |
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE MUSEUM'S PRINCIPAL MISSION IS TO ENCOURAGE MULTIDISCIPLINARY TEACHING THROUGH ENCOUNTERS WITH ART OBJECTS THAT TRAVERSE TIME PERIODS AND CULTURES. |
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | WILLIAMS COLLEGE SERVES AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON ITS BALANCE SHEET. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE COLLEGE MANAGES AND INVESTS THE ENDOWMENT TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE COLLEGE. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIPS FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | LIFE INCOME PAYMENTS AND CHANGE IN PRESENT VALUE - -1468973 ADJUSTMENTS FOR POST-EMPLOYMENT LIABILITIES - -1355285 GAIN AND NET SETTLEMENT ON INTEREST RATE SWAPS - -7005472 INVESTMENT INCOME ON SPLIT INTEREST AGREEMENTS - 1589512 CHANGE IN NONCONTROLLING INTEREST - 6334 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | FINANCIAL AID - 57658731 RENTAL EXPENSES - -3247626 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | FINANCIAL AID - 57658731 RENTAL EXPENSE - -3247626 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | WILLIAMS COLLEGE COURSE CATALOG/BULLETIN AND ON THE COLLEGE'S WEBSITE AT WWW.WILLIAMS.EDU. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | STUDENTS AT WILLIAMS COLLEGE RECEIVE TITLE IV FEDERAL FINANCIAL AID. STUDENTS APPLY FOR AND RECEIVE FEDERAL FINANCIAL AID & PROFESSORS APPLY FOR AND RECEIVE GOVERNMENT GRANTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 1 | Program Services | Instruction | $1,387,160 |
| Europe (Including Iceland and Greenland) | 1 | 1 | Program Services | Research | $11,044 |
| Europe (Including Iceland and Greenland) | 1 | 1 | Program Services | Administrative Expenses | $7,780 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | Research | $600 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | Instruction | $650 |
| South America | 0 | 0 | Program Services | Instruction | $1,250 |
| South America | 0 | 0 | Program Services | Research | $500 |
| Middle East and North Africa | 0 | 0 | Program Services | Instruction | $150 |
| Middle East and North Africa | 0 | 0 | Program Services | Research | $268 |
| East Asia and the Pacific | 0 | 0 | Program Services | Research | $2,171 |
| South Asia | 0 | 0 | Program Services | Research | $5,000 |
| South Asia | 0 | 0 | Program Services | Instruction | $7,276 |
| Russia and Neighboring States | 0 | 0 | Program Services | Instruction | $3,000 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $1,280 | |
| Central America and the Caribbean | 0 | 0 | Investments | $1,724,774,214 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $23,668,722 | |
| Sub-Saharan Africa | 0 | 0 | Investments | $33,041,306 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $1,782,912,371 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,782,912,371 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | Russia and Neighboring States | 7 | $15,331 | CASH PAYMENT | N/A | FMV |
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | Europe (Including Iceland and Greenland) | 10 | $41,320 | CASH PAYMENT | N/A | FMV |
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | East Asia and the Pacific | 13 | $102,393 | CASH PAYMENT | N/A | FMV |
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | Central America and the Caribbean | 2 | $6,105 | CASH PAYMENT | N/A | FMV |
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | Sub-Saharan Africa | 6 | $16,978 | CASH PAYMENT | N/A | FMV |
| FINANCIAL AID -SCHOLARSHIPS TO STUDENTS | North America (Canada & Mexico only) | 9 | $27,650 | CASH PAYMENT | N/A | FMV |
| FELLOWSHIPS | Europe (Including Iceland and Greenland) | 24 | $696,244 | CASH PAYMENT | N/A | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | FOR THE STUDENT TUITION PAYMENTS, WE REMIT FUNDS DIRECTLY TO THE INSTITUTIONS BASED ON INVOICES RECEIVED FROM THE INSTITUTIONS. |
| Schedule F, Part I, Line 3(f) Total expenditures for and investments in the region | ALL EXPENSES OF OUR PROGRAMS ARE RECORDED AS EXPENSES IN THE FINANCIAL STATEMENTS OF THE COLLEGE. |
| Schedule F, Part I, Line 3 Activities per Region | THE REGION REPORTED IN COLUMN (A) FOR THE COLLEGE'S INVESTMENTS IS BASED ON THE LEGAL DOMICILE OF THE INVESTMENT FUND AS PROVIDED IN THE SCHEDULE F INSTRUCTIONS. THIS DOES NOT NECESSARILY INCLUDE THE REGION OF THE UNDERLYING INVESTMENTS OR THE REGION WHERE THE INVESTMENT ACTIVITY OCCURS. |
| Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS | FOR THE STUDENT TUITION PAYMENTS, WE REMIT FUNDS DIRECTLY TO THE INSTITUTIONS BASED ON INVOICES RECEIVED FROM THE INSTITUTIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MASS MUSEUM OF CONTEMP ART | |||||||
| 1040 MASS MOCA WAY | NORTH ADAMS | MA | 01247 | 043113688 | 501(C)(3) | $60,000 | PROGRAM SUPPORT |
| BERKSHIRE UNITED WAY | |||||||
| 200 SOUTH ST | PITTSFIELD | MA | 01201 | 042104841 | 501(C)(3) | $52,744 | PROGRAM SUPPORT |
| NORTHERN BERKSHIRE UNITED WAY | |||||||
| PO BOX 955 | NORTH ADAMS | MA | 01247 | 042104785 | 501(C)(3) | $8,549 | PROGRAM SUPPORT |
| WILLIAMSTOWN COMMUNITY CHEST | |||||||
| PO BOX 204 | WILLIAMSTOWN | MA | 01267 | 046044550 | 501(C)(3) | $35,016 | PROGRAM SUPPORT |
| WILLIAMSTOWN YOUTH CENTER | |||||||
| 66 SCHOOL ST | WILLIAMSTOWN | MA | 01267 | 042105836 | 501(C)(3) | $50,000 | PROGRAM SUPPORT |
| IMAGES CINEMA | |||||||
| 50 SPRING ST | WILLIAMSTOWN | MA | 01267 | 043407257 | 501(C)(3) | $30,500 | PROGRAM SUPPORT |
| WILLINET | |||||||
| 34 SPRING ST | WILLIAMSTOWN | MA | 01267 | 043253056 | 501(C)(3) | $12,500 | PROGRAM SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID - SCHOLARSHIPS TO STUDENTS | GrantTypeTxt |
| Recipient | 1055 | RecipientCnt |
| Cash Grant | $57,448,954 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID TO INDIVIDUALS IS AWARDED BY FINANCIAL AID PROFESSIONALS IN ACCORDANCE WITH THE COLLEGE POLICIES. GRANTS TO ORGANIZATIONS IN PART II ARE TO SUPPORT LOCAL SERVICE ORGANIZATIONS IN THE SURROUNDING COMMUNITIES. Williams has close proximity to these local schools, community organizations, and 501(C)3 organizations in order to monitor the use of its funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MAUD MANDEL | ||||||||||||||
| PRESIDENT | $539,536 | $0 | $0 | $0 | $14,869 | $0 | $91,560 | $0 | $69,414 | $0 | $715,379 | $0 | $0 | $0 |
| COLLETTE CHILTON | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $584,606 | $0 | $811,031 | $0 | $19,771 | $0 | $581,560 | $0 | $23,364 | $0 | $2,020,332 | $0 | $518,501 | $0 |
| FREDERICK PUDDESTER | ||||||||||||||
| VP FOR FINANCE & ADMIN & TREAS | $430,322 | $0 | $0 | $0 | $19,813 | $0 | $31,560 | $0 | $26,058 | $0 | $507,753 | $0 | $0 | $0 |
| MEGAN E MOREY | ||||||||||||||
| VP OF COLLEGE RELATIONS | $360,142 | $0 | $0 | $0 | $20,142 | $0 | $31,560 | $0 | $67,969 | $0 | $479,813 | $0 | $0 | $0 |
| STEPHEN P KLASS | ||||||||||||||
| VP FOR CAMPUS LIFE | $350,991 | $0 | $0 | $0 | $1,879 | $0 | $31,560 | $0 | $24,340 | $0 | $408,770 | $0 | $0 | $0 |
| DAVID A LOVE | ||||||||||||||
| PROVOST, PROF OF ECONOMICS | $266,023 | $0 | $0 | $0 | $1,893 | $0 | $30,952 | $0 | $32,029 | $0 | $330,897 | $0 | $0 | $0 |
| MARLENE J SANDSTROM | ||||||||||||||
| DEAN OF COLLEGE, PROF OF PSYCH | $266,327 | $0 | $0 | $0 | $142 | $0 | $30,652 | $0 | $27,402 | $0 | $324,523 | $0 | $0 | $0 |
| DENISE K BUELL | ||||||||||||||
| DEAN OF THE FACULTY, PROF OF RELIGION | $267,799 | $0 | $0 | $0 | $260 | $0 | $30,952 | $0 | $19,810 | $0 | $318,821 | $0 | $0 | $0 |
| KELI A GAIL | ||||||||||||||
| SECRETARY OF THE COLLEGE | $231,471 | $0 | $0 | $0 | $577 | $0 | $26,050 | $0 | $47,525 | $0 | $305,623 | $0 | $0 | $0 |
| JAMES REISCHE | ||||||||||||||
| VP OF COMMUNICATIONS | $194,038 | $0 | $0 | $0 | $20,050 | $0 | $25,033 | $0 | $46,680 | $0 | $285,801 | $0 | $0 | $0 |
| LETICIA Smith-Evans HAYNES | ||||||||||||||
| VP for Institutional Diversity, Equity, and Inclusion | $211,070 | $0 | $0 | $0 | $171 | $0 | $24,675 | $0 | $32,850 | $0 | $268,766 | $0 | $0 | $0 |
| LEE Y PARK | ||||||||||||||
| Dean of the Faculty, Prof of Chemistry | $156,088 | $0 | $0 | $0 | $658 | $0 | $16,824 | $0 | $17,671 | $0 | $191,241 | $0 | $0 | $0 |
| JULIA CROSBY | ||||||||||||||
| MANAGING DIRECTOR, INV OFFICE | $349,170 | $0 | $294,016 | $0 | $1,799 | $0 | $189,060 | $0 | $18,977 | $0 | $853,022 | $0 | $194,815 | $0 |
| BRADFORD B WAKEMAN | ||||||||||||||
| MANAGING DIR / COO, INV OFFICE | $357,449 | $0 | $276,223 | $0 | $1,774 | $0 | $169,455 | $0 | $47,242 | $0 | $852,143 | $0 | $193,489 | $0 |
| ABIGAIL G WATTLEY | ||||||||||||||
| MANAGING DIRECTOR, INV OFFICE | $299,055 | $0 | $218,222 | $0 | $0 | $0 | $159,810 | $0 | $4,704 | $0 | $681,791 | $0 | $135,224 | $0 |
| JAY Pasachoff | ||||||||||||||
| CHAIR AND FIELD MEMORIAL PROFESSOR OF ASTRONOMY, DIRECTOR OF THE HOPKINS OBSERVATORY | $232,278 | $0 | $0 | $0 | $758 | $0 | $22,861 | $0 | $19,486 | $0 | $275,383 | $0 | $0 | $0 |
| CHARLES DEW | ||||||||||||||
| EPHRAIM PROFESSOR OF AMERICAN HISTORY, EMERITUS | $231,277 | $0 | $0 | $0 | $158 | $0 | $26,342 | $0 | $16,794 | $0 | $274,571 | $0 | $0 | $0 |
| PROTIK K MAJUMDER | ||||||||||||||
| PROF PHYSICS/FRMR PRESIDENT | $172,934 | $0 | $0 | $0 | $365 | $0 | $18,428 | $0 | $70,057 | $0 | $261,784 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I LINE 4B AND LINE 7 | MEMBERS OF THE INVESTMENT OFFICE STAFF ARE ELIGIBLE TO RECEIVE AN ANNUAL BONUS UP TO A CERTAIN PERCENTAGE OF THEIR BASE SALARY. THE BONUS IS DETERMINED BY THE PERFORMANCE OF THE INVESTMENT PORTFOLIO IN RELATION TO THE PERFORMANCE OF THE POLICY BENCHMARK. THE POLICY BENCHMARK IS ESTABLISHED BY THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE BONUS IS PAID OUT OVER TIME, REQUIRES THE INDIVIDUAL TO REMAIN EMPLOYED IN ORDER TO BE ELIGIBLE TO RECEIVE PAYMENT, AND IS SUBJECT TO NEGATIVE EARNINGS PROVISIONS. |
| Schedule J, Part I, Line 1a First-class or charter travel | THE PRESIDENT TRAVELED FIRST CLASS ON A RED-eye FLIGHT BACK FROM A WEST COAST TRIP. AMOUNTS WERE NOT REPORTED AS TAXABLE COMPENSATION. |
| Schedule J, Part I, Line 1a Travel for companions | THE BOARD OF TRUSTEES AUTHORIZED ONE LISTED OFFICER'S SPOUSE TO ACCOMPANY THE OFFICER ON VARIOUS COLLEGE BUSINESS TRIPS WHERE THE SPOUSE PARTICIPATED IN ALUMNI RELATIONS AND DEVELOPMENT EVENTS. The amounts were not reported as taxable compensation. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE PRESIDENT WAS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HER EMPLOYMENT AND FOR THE CONVENIENCE OF WILLIAMS. Pursuant to section 119, the housing is excludable from income and was not treated as taxable compensation. ONE LISTED OFFICER RECEIVED A TAXABLE HOUSING ALLOWANCE. THE VALUE OF THE ALLOWANCE IS IMPUTED AS INCOME AND REPORTED ON FORM W-2. THE VALUE OF THE ALLOWANCE IS INCLUDED IN PART II, COLUMN B(III). |
| Schedule J, Part I, Line 1a Personal services | PRESIDENT MANDEL RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT HER HOUSE. SUCH SERVICES THAT WERE NOT BUSINESS RELATED WERE REPORTED AS TAXABLE COMPENSATION. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MASS HEALTH & EDU FACILITIES AUTHORITY - SERIES J&K | ||||||||
| A | 042456011 | 57586CPX7 | 2006-04-03 | $73,396,573 | 1996 & 2003 CURRENT REFUNDING | false | false | false |
| MASS DEVELOPMENT FINANCE Agency - SERIES N&O | ||||||||
| B | 043431814 | 57583UAA6 | 2011-03-24 | $92,077,256 | CONSTR AND 1993 & 2007 CURRENT REFUNDING | false | false | false |
| MASS HEALTH & EDU FACILITIES AUTHORITY - H&I | ||||||||
| C | 042456011 | 57585KW79 | 2003-04-02 | $115,049,757 | CONSTRC AND 1993 CURRENT REFUNDING | false | false | false |
| MASS DEVELOPMENT FINANCE Agency - SERIES P | ||||||||
| D | 043431814 | 57583UWR5 | 2013-05-30 | $148,355,419 | NEW CONSTR & REF 2003, 2006 & 2007 | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Bond DefeasedBondDefeasedAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $52,897,504 | $73,396,573 | $556,293 | $72,840,280 | 2006 | Yes (true) | false | Yes (true) | Yes (true) | ||
| B | $13,397,063 | $92,077,256 | $661,056 | $41,250,000 | 2013 | Yes (true) | false | Yes (true) | Yes (true) | $0 | $50,166,200 |
| C | $96,377,068 | $115,049,757 | $644,884 | $13,705,468 | 2005 | Yes (true) | false | Yes (true) | Yes (true) | $100,699,405 | |
| D | $15,825,241 | $148,355,419 | $840,287 | $80,513,343 | 2015 | Yes (true) | Yes (true) | Yes (true) | Yes (true) | $67,001,789 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| B | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| C | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| D | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | ||||||||||||||
| A | false | false | Yes (true) | false | Yes (true) | Yes (true) | 20.0 | false | false | false | false | Yes (true) | ||
| (no name) | ||||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) | |||||
| Trinity | ||||||||||||||
| C | false | false | Yes (true) | false | false | false | Yes (true) | false | Yes (true) | 3.0 | Yes (true) | |||
| (no name) | ||||||||||||||
| D | false | false | false | Yes (true) | false | false | false | false | Yes (true) | |||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part IV, Line 2c COLUMN B | Issuer name: MASS. DEVELOPMENT FINANCE Agency - SERIES N&O The calculation for computing no rebate due was performed on 08/12/2020 |
| Schedule K, Part IV, Line 2c COLUMN D | Issuer name: MASS. DEVELOPMENT FINANCE Agency - SERIES P The calculation for computing no rebate due was performed on 06/30/2016 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MASS DEVELOPMENT FINANCE AGENCY - SERIES Q&R | ||||||||
| A | 043431814 | 57584XTN1 | 2016-07-14 | $118,161,121 | New construction and Refinance 2006 & 2007 debt | false | false | false |
| MASS DEVELOPMENT FINANCE AGENCY SERIES S | ||||||||
| B | 043431814 | 57584XS77 | 2017-06-08 | $60,495,031 | CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $9,817,969 | $0 | $118,161,121 | $621,091 | $70,000,000 | $47,540,030 | 2018 | Yes (true) | false | Yes (true) | Yes (true) | |||||
| B | $723,000 | $0 | $60,495,031 | $387,376 | $60,000,000 | $107,655 | 2019 | false | false | Yes (true) | Yes (true) | $0 | $0 | $0 | $0 | $0 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| B | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goldman Sachs | ||||||||||||
| A | false | Yes (true) | false | false | Yes (true) | Yes (true) | 30.0 | false | false | false | false | Yes (true) |
| (no name) | ||||||||||||
| B | false | Yes (true) | false | false | false | false | false | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (4 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| FREDERICK PUDDESTER | |||||||
| OFFICER | MORTGAGE ON PRIMARY Residence | Yes (X) | $100,000 | $77,693 | false | false | Yes (true) |
| DENISE BUELL | |||||||
| OFFICER | MORTGAGE ON PRIMARY Residence | Yes (X) | $81,880 | $52,774 | false | false | Yes (true) |
| DAVID LOVE | |||||||
| OFFICER | MORTGAGE ON PRIMARY Residence | Yes (X) | $100,000 | $67,465 | false | false | Yes (true) |
| JAMES REISCHE | |||||||
| OFFICER | MORTGAGE ON PRIMARY Residence | Yes (X) | $45,000 | $41,370 | false | false | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $239,302 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| NOAH SANDSTROM | |||
| SPOUSE OF MARLENE J SANDSTROM, OFFICER | $174,744 | EMPLOYMENT AGREEMENT | false |
| AIMEE REISCHE | |||
| SPOUSE OF JAMES REISCHE, OFFICER | $54,617 | EMPLOYMENT AGREEMENT | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part II, Column (h) | FormAndLineReferenceDesc |
| Explanation | ELIGIBLE EMPLOYEES, INCLUDING LISTED PERSONS, ENTER INTO MORTGAGE AGREEMENTS IN ACCORDANCE WITH POLICIES AND PROCEDURES AS OUTLINED IN FACULTY AND STAFF HANDBOOKS WHICH HAVE BEEN APPROVED BY APPLICABLE GOVERNING COMMITTEES. EACH MORTGAGE IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION & TREASURER TO ENSURE COMPLIANCE AND CONSISTENCY WITH THE POLICY. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,973,678 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Opinions of experts | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 282 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,118,790 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,349,118 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - NAV | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $230,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 18 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS | IN COLUMN B, THE COLLEGE IS GENERALLY REPORTING THE NUMBER OF CONTRIBUTIONS. FOR WORKS OF ART, THE COLLEGE IS REPORTING THE NUMBER OF Donors. |
| Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions | WILLIAMS COLLEGE GENERALLY USES A BROKER/AGENT TO FACILITATE THE SALE OF REAL PROPERTY. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1 BRIEF MISSION | WILLIAMS SEEKS TO PROVIDE THE FINEST POSSIBLE LIBERAL ARTS EDUCATION BY NURTURING IN ITS STUDENTS THE ACADEMIC AND CIVIC VIRTUES AND THEIR RELATED TRAITS OF CHARACTER. AS BOTH AN EDUCATIONAL AND SOCIAL IMPERATIVE, WILLIAMS WELCOMES TALENTED STUDENTS IRRESPECTIVE OF THEIR FINANCIAL RESOURCES. ONCE ENROLLED, THEY LEARN - BOTH INSIDE AND OUTSIDE THE CLASSROOM - THAT THE PRIVILEGE OF A WILLIAMS EDUCATION IMPLIES BOTH THE OPPORTUNITY AND RESPONSIBILITY TO SERVE SOCIETY AT LARGE. THE COLLEGE STRIVES TO ACHIEVE SUCH EXCELLENCE BY FOSTERING A COMMUNITY OF LEARNING THAT COMPRISES STUDENTS, FACULTY AND STAFF, IN PARTNERSHIP WITH NETWORKS OF DEEPLY DEVOTED ALUMNI AND PARENTS. |
| Form 990, Part III, Line 1 ORGANIZATION'S MISSION | WILLIAMS SEEKS TO PROVIDE THE FINEST POSSIBLE LIBERAL ARTS EDUCATION BY NURTURING IN ITS STUDENTS THE ACADEMIC AND CIVIC VIRTUES AND THEIR RELATED TRAITS OF CHARACTER. AS BOTH AN EDUCATIONAL AND SOCIAL IMPERATIVE, WILLIAMS WELCOMES TALENTED STUDENTS IRRESPECTIVE OF THEIR FINANCIAL RESOURCES. ONCE ENROLLED, THEY LEARN - BOTH INSIDE AND OUTSIDE THE CLASSROOM - THAT THE PRIVILEGE OF A WILLIAMS EDUCATION IMPLIES BOTH THE OPPORTUNITY AND RESPONSIBILITY TO SERVE SOCIETY AT LARGE. THE COLLEGE STRIVES TO ACHIEVE SUCH EXCELLENCE BY FOSTERING A COMMUNITY OF LEARNING THAT COMPRISES STUDENTS, FACULTY AND STAFF, IN PARTNERSHIP WITH NETWORKS OF DEEPLY DEVOTED ALUMNI AND PARENTS. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | WILLIAMS COLLEGE'S GOVERNING BODY AND GOVERNING DOCUMENTS DELEGATE AUTHORITY ON A LIMITED SCOPE TO AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE PRESIDENT OF THE COLLEGE, AND 5-7 OTHER BOARD MEMBERS SELECTED ANNUALLY BY THE CHAIR AND PRESIDENT ACTING JOINTLY. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | WORKING WITH CROWE LLP, THE FORM 990 IS PREPARED FOR REVIEW BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. CROWE LLP SIGNS THE RETURN AS PAID PREPARER. A FINAL FORM 990 EXCLUDING THE NAMES OF ANONYMOUS DONORS AND THE AMOUNTS FOR CERTAIN ANONYMOUS DONORS WAS THEN DISTRIBUTED TO THE FULL BOARD BEFORE FILING WITH THE IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | TRUSTEES, OFFICERS, AND SENIOR STAFF ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURE FORMS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES OR OFFICERS HAVING A CONFLICT OF INTEREST ON ANY MATTER THAT COMES BEFORE THE BOARD, OR ANY COMMITTEE OF THE BOARD, FOR ACTION RECUSE THEMSELVES FROM PARTICIPATING IN THE DECISION. EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. DISCLOSURES ARE REVIEWED BY DEPARTMENT HEADS AND SENIOR STAFF. ANY EMPLOYEE WITH A CONFLICT OF INTEREST WOULD BE PRECLUDED FROM INVOLVEMENT IN DECISION MAKING OR FINANCIAL DEALINGS WITH THE ENTITY OR RELATIONSHIP GIVING RISE TO THE CONFLICT. TRUSTEES, OFFICERS, AND EMPLOYEES ARE REQUIRED TO REPORT ANY MID-YEAR CHANGES TO THE PRESIDENT'S OFFICE AND THEIR SUPERVISOR RESPECTIVELY. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | Williams College assigns the duty of setting the President's compensation to the Executive Committee of the Board of Trustees that annually reviews compensation. The Executive Committee considers compensation surveys, market data, and analysis. The deliberations and decisions are documented. This process last occurred from March to May 2020. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The compensation of the organization's other officers and key employees is determined by the President. Each year, the Director of HR provides the President with a multiyear summary of compensation benchmarking data for members of senior staff. The benchmarking data comprises salary survey data aggregated by the College and University Professional Association of Human Resources, as well as an independent survey administered by Sullivan Cotter. The President consults with the Executive Committee of the board and the deliberations and decisions are documented. This process last occurred in April 2019. |
| Form 990, Part VI, Line 18 How forms are made available to the public | THE FORM 990 IS AVAILABLE UPON REQUEST, ON THE COLLEGE WEBSITE, AND ON GUIDESTAR.ORG. THE FORM 990-t IS AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG. |
| Form 990, Part VI, Line 19 Required documents available to the public | WILLIAMS COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE COLLEGE WEBSITE. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Life income payments and Change in Present Value - -1468973; Adjustments for post-employment liabilities - -1355285; Gain or Loss on Financial Contract Swaps - -7005472; Investment Income on Split Interest Agreements - 1589512; Change in Noncontrolling interest - 6334; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMS INN LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 880 MAIN STREET | AddressLine1Txt |
| City | WILLIAMSTOWN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01267 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465431139 | EIN |
| Primary Activities | HOTEL | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Total Income | $3,071,777 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMS COLLEGE | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STERLING & FRANCINE CLARK ART INSTITUTE | |||||||||||
| 225 SOUTH STREET | WILLIAMSTOWN | MA | 01267 | 042163004 | ART MUSEUM | MA | 501(c)(3) | Type I | WILLIAMS COLLEGE | Yes (true) | |
| ASSOCIATED KYOTO PROGRAM INC | |||||||||||
| COLLEGE HALL RM 204 | NORTHAMPTON | MA | 01063 | 042996114 | EDUCATION | MA | 501(c)(3) | Type III-FI | NA | false | |
| WILLIAMS COLLEGE LAND FOUNDATION | |||||||||||
| 880 MAIN STREET | WILLIAMSTOWN | MA | 01267 | 043158500 | RE HOLDING | MA | 501(c)(2) | WILLIAMS COLLEGE | Yes (true) | ||
| WILLIAMS COLLEGE OXFORD PROGRAMME | |||||||||||
| EDUCATION | 501(c)(3) | WILLIAMS COLLEGE | Yes (true) | UK | |||||||
| WILLIAMS COLLEGE FOUNDATION (UK) LIMITED | |||||||||||
| EDUCATION | 501(c)(3) | WILLIAMS COLLEGE | Yes (true) | UK | |||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Direct Controlling NADirectControllingNACd | EINEIN |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| POOLED INCOME FUNDS (3) | |||||||||||||
| 880 Main street | Williamstown | MA | 01267 | FUNDRAISING | MA | WILLIAMS COLLEGE | Trust | Yes (true) | |||||
| PERPETUAL TRUSTS (1) | |||||||||||||
| 880 Main street | Williamstown | MA | 01267 | FUNDRAISING | MA | WILLIAMS COLLEGE | Trust | Yes (true) | |||||
| CHAR REM TRUSTS (54) SEE PART VII | |||||||||||||
| 880 Main street | Williamstown | MA | 01267 | FUNDRAISING | WILLIAMS COLLEGE | Trust | Yes (true) | ||||||
| BERMAN INC | |||||||||||||
| TREASURERS OFFICE HOPKINS HALLS | WILLIAMSTOWN | MA | 01267 | Art | UT | WILLIAMS COLLEGE | C Corporation | Yes (true) | $0 | $225,000 | 1 | ||
| OUTSIDE CHAR REM TRSTS (48) | |||||||||||||
| FUNDRAISING | Trust | Yes (true) | N/A | ||||||||||
| WILLIAMS RENEWABLES LLC | |||||||||||||
| 880 MAIN STREET | WILLIAMSTOWN | MA | 01267 | RENEWABLE ENERGY | MA | WILLIAMS COLLEGE | C Corporation | Yes (true) | $0 | $2,696,638 | 1 | 812875267 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WILLIAMS COLLEGE OXFORD PROGRAMME | ||
| P | $1,129,128 | CASH |
| PERPETUAL TRUSTS | ||
| C | $683,887 | CASH |
| STERLING AND FRANCINE CLARK ART INSTITUTE | ||
| S | $22,000,000 | CASH |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part IV, Column (c) | THE CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (3) ARE LEGALLY DOMICILED IN CA, IL, MA, AND NY. |
| Schedule R, Part VI, Column (c) | THE OUTSIDE MANAGED CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (5) ARE LEGALLY DOMICILED IN MA AND NY. |