CALIFORNIA INSTITUTE OF TECHNOLOGY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: CALIFORNIA INSTITUTE OF TECHNOLOGY (EIN 95-1643307)
Tax period: 2019-10-01 to 2020-09-30
Filed: 2021-08-12
IRS object ID: 202122249349302362
Schema version: 2019v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-08-12T13:31:00-05:00	ReturnTs
Tax Period End	2020-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PricewaterhouseCoopers LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 SEAPORT BLVD SUITE 500	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02210	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	951643307	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CALIFORNIA INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% MATTHEW W BREWER	InCareOfNm
Business Name Control	CALI	BusinessNameControlTxt
Phone	6263956744	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 EAST CALIFORNIA BLVD 234-6	AddressLine1Txt
City	PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91125	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MATTHEW W BREWER	PersonNm
Person Title	CONTROLLER	PersonTitleTxt
Phone	6263956744	PhoneNum
Signature	2021-08-06	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PAUL TANIS	PreparerPersonNm
PTIN	P01441612	PTIN
Phone	6175305000	PhoneNum
Preparation	2021-08-04	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR THOMAS F ROSENBAUM	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 EAST CALIFORNIA BLVD	AddressLine1Txt
City	PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91125	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,081,306,000	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.caltech.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1891	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	70	VotingMembersGoverningBodyCnt
Voting Members Independent	61	VotingMembersIndependentCnt
Total Employee	12035	TotalEmployeeCnt
Total Volunteers	257	TotalVolunteersCnt
Total Gross UBI	$23,119,000	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$398,568,000	PYContributionsGrantsAmt
CY Contributions Grants	$454,711,000	CYContributionsGrantsAmt
PY Program Service Revenue	$3,025,998,000	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,903,819,000	CYProgramServiceRevenueAmt
PY Investment Income	$257,977,000	PYInvestmentIncomeAmt
CY Investment Income	$159,239,000	CYInvestmentIncomeAmt
PY Other Revenue	$2,752,000	PYOtherRevenueAmt
CY Other Revenue	$4,240,000	CYOtherRevenueAmt
PY Total Revenue	$3,685,295,000	PYTotalRevenueAmt
CY Total Revenue	$3,522,009,000	CYTotalRevenueAmt
PY Grants And Similar Paid	$93,411,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$97,584,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,584,255,000	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,652,611,300	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$9,915,000	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,863,596,000	PYOtherExpensesAmt
CY Other Expenses	$1,716,907,700	CYOtherExpensesAmt
PY Total Expenses	$3,541,262,000	PYTotalExpensesAmt
CY Total Expenses	$3,467,103,000	CYTotalExpensesAmt
PY Revenues Less Expenses	$144,033,000	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$54,906,000	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,596,206,000	TotalAssetsBOYAmt
Total Assets EOY	$6,252,584,000	TotalAssetsEOYAmt
Total Liabilities BOY	$2,401,332,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,975,027,000	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,194,874,000	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,277,557,000	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$408,266,000	ExpenseAmt
Grant	$97,467,000	GrantAmt
Revenue	$207,033,000	RevenueAmt
Desc	INSTRUCTION, SCHOLARSHIPS, FELLOWSHIPS, AND OTHER STUDENT AID	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$293,396,000	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$34,584,000	RevenueAmt
Desc	ORGANIZED RESEARCH AT THE CAMPUS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$2,615,146,000	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$2,615,146,000	RevenueAmt
Desc	SPONSORED RESEARCH AT THE JET PROPULSION LABORATORY.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$37,086,000	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$117,000	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$47,056,000	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$3,353,894,000	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	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	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	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	false	LoanOutstandingInd
Grant To Related Person	Yes (true)	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	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
IRP Document	1914	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	12035	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	CI	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
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	70	GoverningBodyVotingMembersCnt
Independent Voting Member	61	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	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	Yes (true)	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	IL	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MATTHEW W BREWER	PersonNm
Phone	6263958818	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 EAST CALIFORNIA BLVD 234-6	AddressLine1Txt
City	pasadena	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91125	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (97 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
SCOTT H RICHLAND
CHIEF INVESTMENT OFFICER	40.0	0.0	Yes (X)	$1,088,005	$0	$947,905
THOMAS F ROSENBAUM
PRESIDENT/TRUSTEE	40.0	0.0	Yes (X)	$1,265,232	$0	$113,571	Yes (X)
PASY ISABELLA WANG
SR MG DIR OF INVESTMENTS	40.0	0.0		$686,285	$0	$545,631		Yes (X)
MICHAEL M WATKINS
VP & DIR, JPL	40.0	0.0	Yes (X)	$810,570	$0	$57,592
MARGARET A STEURBAUT
VP ADMIN & CFO	40.0	0.0	Yes (X)	$720,202	$0	$58,360
DAVID A TIRRELL
PROVOST	40.0	0.0	Yes (X)	$649,311	$0	$54,895
LARRY DEAN JAMES
DEPUTY DIRECTOR OF JPL	40.0	0.0		$610,059	$0	$44,851			Yes (X)
DOUGLAS N MACBEAN
MANAGING DIR., INVESTMENTS	40.0	0.0		$509,663	$0	$59,795		Yes (X)
DIANA JERGOVIC
VP STRATEGY IMPLEMENTATION	40.0	0.0	Yes (X)	$520,510	$0	$42,852
EDWARD M STOLPER
PROFESSOR, FORMER PROVOST	40.0	0.0		$503,970	$0	$57,524		Yes (X)
EDWARD C STONE
PROFESSOR, VICE PROVOST	40.0	0.0		$483,131	$0	$63,390		Yes (X)
RENE FRADET
CFO, JPL, UNTIL 7/2020	40.0	0.0		$402,066	$0	$129,869			Yes (X)
FREDERIC FARINA
CHIEF INNOV & CORP OFF	40.0	0.0		$468,854	$0	$53,404		Yes (X)
JENNIFER T LUM
GENERAL COUNSEL	40.0	0.0	Yes (X)	$410,224	$0	$81,838
SHARON E PATTERSON
ASSOC. VP FOR FIN. & TREAS.	40.0	0.0	Yes (X)	$399,130	$0	$47,753
JOSEPH E SHEPHERD
VP STUDENT AFF. UNTIL 9/20	40.0	0.0	Yes (X)	$367,556	$0	$72,410
VICTORIA D STRATMAN
FMR. GEN. COUNS.	40.0	0.0		$394,947	$0	$33,762				Yes (X)
DEXTER A BAILEY
VP ADV & ALUMNI REL	40.0	0.0	Yes (X)	$394,270	$0	$24,911
MARC J GOETTEL
DIR. FOR BUSINESS OPS, JPL	40.0	0.0		$322,806	$0	$67,221			Yes (X)
MATTHEW W BREWER
CONTROLLER	40.0	0.0	Yes (X)	$281,693	$0	$68,931
KEVIN M GILMARTIN
VP STUDENT AFF. AS OF 9/20	40.0	0.0	Yes (X)	$218,695	$0	$58,704
CAROL J SCHUIL
EA TO PRES/ASST. SEC.	32.0	0.0	Yes (X)	$220,367	$0	$52,918
MARY L WEBSTER
SECRETARY OF BOARD OF TRUSTEES	40.0	0.0	Yes (X)	$179,563	$0	$48,802
MADELINE WAY LEE
ASST. TREAS. UNTIL 10/2019	32.0	0.0	Yes (X)	$157,240	$0	$45,719
CHARLES ELACHI
FORMER DIRECTOR JPL, EMERITUS	40.0	0.0		$174,930	$0	$0				Yes (X)
ARTURO AGUAYO
ASST. TREAS. AS OF 11/2019	32.0	0.0	Yes (X)	$36,498	$0	$6,349
SPENCER ABRAHAM
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
WILLIAM A AHMANSON
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
SEAN BAILEY
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
BARBARA M BARRETT
TRUSTEE UNTIL 10/19	2.0	0.0		$0	$0	$0	Yes (X)
REBECKA BELLDEGRUN
TRUSTEE	10.0	0.0		$0	$0	$0	Yes (X)
SABEER BHATIA
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
GORDON M BINDER
SENIOR TRUSTEE	0.5	0.0		$0	$0	$0	Yes (X)
ROBERT C BONNER
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
LYNN A BOOTH
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
BRIGITTE M BREN
TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
JANET C CAMPAGNA
TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
MILTON M CHANG
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
DAVID E CHAVEZ
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
JOHN S CHEN
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
WENCHI CHEN
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
PEGGY T CHERNG
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
ROBERT B CHESS
TRUSTEE	6.0	0.0		$0	$0	$0	Yes (X)
FRANCE A CORDOVA
SENIOR TRUSTEE AS OF 4/20	3.0	0.0		$0	$0	$0	Yes (X)
WILLIAM H DAVIDOW
SENIOR TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
DAVID T DREIER
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
LOUNETTE M DYER
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
THOMAS E EVERHART
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
JOSHUA S FRIEDMAN
TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
WILLIAM T GROSS
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
NARENDRA K GUPTA
SENIOR TRUSTEE	2.5	0.0		$0	$0	$0	Yes (X)
B KIPLING HAGOPIAN
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
FREDERICK J HAMEETMAN
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
DAVID D HO
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
MARIA D HUMMER-TUTTLE
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
BOBBY R INMAN
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
ROBERT T JENKINS
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
ANN STIMMLER JOHNSON
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
G BRADFORD JONES
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
PETER D KAUFMAN
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
LOUISE KIRKBRIDE
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
WALTER G KORTSCHAK
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
KENT KRESA
SENIOR TRUSTEE	1.5	0.0		$0	$0	$0	Yes (X)
JON B KUTLER
TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
TAYLOR W LAWRENCE
TRUSTEE	3.0	0.0		$0	$0	$0	Yes (X)
DAVID LI LEE
CHAIR/TRUSTEE	10.0	0.0	Yes (X)	$0	$0	$0	Yes (X)
ALEXANDER LIDOW
TRUSTEE	6.0	0.0		$0	$0	$0	Yes (X)
RONALD K LINDE
VICE CHAIR/TRUSTEE	30.0	0.0	Yes (X)	$0	$0	$0	Yes (X)
A MICHAEL LIPPER
SENIOR TRUSTEE	3.0	0.0		$0	$0	$0	Yes (X)
LI LU
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
SHIRLEY M MALCOM
SENIOR TRUSTEE	6.0	0.0		$0	$0	$0	Yes (X)
MICH J MATHEWS-SPRADLIN
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
DEBORAH D MCWHINNEY
TRUSTEE	10.5	0.0		$0	$0	$0	Yes (X)
ALEXANDER R MEHRAN SR
TRUSTEE	5.0	0.0		$0	$0	$0	Yes (X)
RICHARD N MERKIN
SENIOR TRUSTEE	2.5	0.0		$0	$0	$0	Yes (X)
KENNETH G MOORE
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
MICHAEL G MULLEN
SENIOR TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
PHILIP M NECHES
TRUSTEE	7.0	0.0		$0	$0	$0	Yes (X)
PATRICK H NETTLES JR
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
PETER NORTON
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
RONALD L OLSON
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
STEPHEN R ONDERDONK
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
PEDRO J PIZARRO
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
DAVID E I PYOTT
TRUSTEE	0.75	0.0		$0	$0	$0	Yes (X)
EDUARDO A REPETTO
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
STEWART A RESNICK
SENIOR TRUSTEE	1.0	0.0		$0	$0	$0	Yes (X)
RICHARD H SCHELLER
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
TIMOTHY J SLOAN
TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
DONALD W TANG
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
KEVIN M TAWEEL
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
DAVID W THOMPSON
TRUSTEE	4.5	0.0		$0	$0	$0	Yes (X)
CHARLES R TRIMBLE
SENIOR TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
LEWIS W VAN AMERONGEN
SENIOR TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
WALTER L WEISMAN
SENIOR TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)
GAYLE E WILSON
SR. TRUSTEE NON-VOTING 7/20	1.0	0.0		$0	$0	$0	Yes (X)
RICHMOND A WOLF
TRUSTEE	2.0	0.0		$0	$0	$0	Yes (X)
SUZANNE H WOOLSEY
SENIOR TRUSTEE	4.0	0.0		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$12,239,279	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$2,832,608	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5825	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
APPLIED PHYSICS LABORATORY
11100 JOHNS HOPKINS ROAD	LAUREL	MD	207236099	RESEARCH & DEVELOP	$145,085,867
BALL AEROSPACE TECHNOLOGIES CORP
33306 COLLECTION CENTER DRIVE	CHICAGO	IL	609930333	AEROSPACE	$98,394,267
HENSEL PHELPS CONSTRUCTION CO
420 6TH AVENUE	GREELEY	CO	80631	CONSTRUCTION	$73,704,643
COLUMBUS TECHNOLOGIES AND SERVICES
1960 EAST GRAND AVE STE 100	EL SEGUNDO	CA	90245	INFORMATION TECH	$61,874,764
MANTECH ADVANCED SYSTEMS
12015 LEE JACKSON HIGHWAY	FAIRFAX	VA	220333300	INFORMATION TECH	$48,979,624

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1140	CntrctRcvdGreaterThan100KCnt
Government Grants	$293,486,000	GovernmentGrantsAmt
All Other Contributions	$161,225,000	AllOtherContributionsAmt
Noncash Contributions	$32,906,479	NoncashContributionsAmt
Total Contributions	$454,711,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
JPL AND OTHER AWARDS	900099	$2,716,340,000	$2,716,340,000
STUDENT TUITION	611600	$127,919,000	$127,919,000
USE OF FACILITIES	900099	$12,504,000	$12,504,000
SALES AND SERVICES	900099	$47,056,000	$34,447,000	$2,446,000	$10,163,000

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,903,819,000	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$48,039,000	TotalRevenueColumnAmt
Unrelated Business Revenue	$20,672,000	UnrelatedBusinessRevenueAmt
Exclusion	$27,367,000	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,226,000	TotalRevenueColumnAmt
Exclusion	$4,226,000	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$18,000	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$5,000	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$13,000	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,000	TotalRevenueColumnAmt
Exclusion	$13,000	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$669,790,000	SecuritiesAmt
Other	$702,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$558,900,000	SecuritiesAmt
Other	$392,000	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$110,890,000	SecuritiesAmt
Other	$310,000	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$111,200,000	TotalRevenueColumnAmt
Exclusion	$111,200,000	ExclusionAmt

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

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

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

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	ADVERTISING & FILMING	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,000	TotalRevenueColumnAmt
Unrelated Business Revenue	$1,000	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,000	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,522,009,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,891,210,000	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$23,119,000	UnrelatedBusinessRevenueAmt
Exclusion	$152,969,000	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$117,000	TotalAmt
Program Services	$117,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$97,272,000	TotalAmt
Program Services	$97,272,000	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$195,000	TotalAmt
Program Services	$195,000	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

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

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$11,039,000	TotalAmt
Program Services	$3,227,000	ProgramServicesAmt
Management And General	$6,979,000	ManagementAndGeneralAmt
Fundraising	$833,000	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,745,000	TotalAmt
Program Services	$1,331,000	ProgramServicesAmt
Management And General	$261,000	ManagementAndGeneralAmt
Fundraising	$153,000	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,362,176,300	TotalAmt
Program Services	$1,315,417,000	ProgramServicesAmt
Management And General	$36,684,300	ManagementAndGeneralAmt
Fundraising	$10,075,000	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$128,521,000	TotalAmt
Program Services	$124,538,000	ProgramServicesAmt
Management And General	$3,076,000	ManagementAndGeneralAmt
Fundraising	$907,000	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$63,634,000	TotalAmt
Program Services	$50,814,000	ProgramServicesAmt
Management And General	$10,170,000	ManagementAndGeneralAmt
Fundraising	$2,650,000	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$85,496,000	TotalAmt
Program Services	$82,562,000	ProgramServicesAmt
Management And General	$2,301,000	ManagementAndGeneralAmt
Fundraising	$633,000	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

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

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$10,211,000	TotalAmt
Program Services	$5,302,000	ProgramServicesAmt
Management And General	$4,909,000	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$1,306,000	TotalAmt
Management And General	$1,306,000	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$406,700	TotalAmt
Management And General	$406,700	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$14,008,000	TotalAmt
Management And General	$14,008,000	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$18,188,000	TotalAmt
Program Services	$13,579,000	ProgramServicesAmt
Management And General	$3,905,000	ManagementAndGeneralAmt
Fundraising	$704,000	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$402,000	TotalAmt
Program Services	$205,000	ProgramServicesAmt
Management And General	$61,000	ManagementAndGeneralAmt
Fundraising	$136,000	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$401,864,000	TotalAmt
Program Services	$393,085,000	ProgramServicesAmt
Management And General	$6,869,000	ManagementAndGeneralAmt
Fundraising	$1,910,000	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$6,385,000	TotalAmt
Program Services	$5,378,000	ProgramServicesAmt
Management And General	$1,000,000	ManagementAndGeneralAmt
Fundraising	$7,000	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$245,000	TotalAmt
Program Services	$220,000	ProgramServicesAmt
Management And General	$24,000	ManagementAndGeneralAmt
Fundraising	$1,000	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$51,487,000	TotalAmt
Program Services	$43,440,000	ProgramServicesAmt
Management And General	$7,409,000	ManagementAndGeneralAmt
Fundraising	$638,000	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$21,490,000	TotalAmt
Program Services	$21,049,000	ProgramServicesAmt
Management And General	$181,000	ManagementAndGeneralAmt
Fundraising	$260,000	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$6,115,000	TotalAmt
Program Services	$5,622,000	ProgramServicesAmt
Management And General	$439,000	ManagementAndGeneralAmt
Fundraising	$54,000	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$56,973,000	TotalAmt
Program Services	$56,296,000	ProgramServicesAmt
Management And General	$529,000	ManagementAndGeneralAmt
Fundraising	$148,000	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$77,336,000	TotalAmt
Program Services	$73,816,000	ProgramServicesAmt
Management And General	$2,752,000	ManagementAndGeneralAmt
Fundraising	$768,000	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,421,000	TotalAmt
Program Services	$4,397,000	ProgramServicesAmt
Management And General	$24,000	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
CONTRACT SERVICES	$1,012,375,000	$1,012,375,000
JPL POST EMPLYMNT OBLIGATION	$43,657,000	$43,657,000
ENDOWMENT RECOVERY	-$9,962,000		-$9,962,000

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,467,103,000	TotalAmt
Program Services	$3,353,894,000	ProgramServicesAmt
Management And General	$103,294,000	ManagementAndGeneralAmt
Fundraising	$9,915,000	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$354,830,000	BOYAmt
EOY	$341,945,000	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$148,314,000	BOYAmt
EOY	$159,458,000	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$374,846,000	BOYAmt
EOY	$295,957,000	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,692,997	BOYAmt
EOY	$1,582,865	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$569,267,000	BOYAmt
EOY	$610,364,000	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,307,733,000	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,139,457,000	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,070,767,000	BOYAmt
EOY	$1,168,276,000	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,336,209,000	BOYAmt
EOY	$1,793,323,000	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,739,280,003	BOYAmt
EOY	$1,881,678,135	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,596,206,000	BOYAmt
EOY	$6,252,584,000	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$682,609,000	BOYAmt
EOY	$708,340,000	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$31,836,000	BOYAmt
EOY	$54,121,000	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$195,000,000	BOYAmt
EOY	$195,000,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$88,896,000	BOYAmt
EOY	$89,498,000	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$981,092,000	BOYAmt
EOY	$1,473,052,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$421,899,000	BOYAmt
EOY	$455,016,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,401,332,000	BOYAmt
EOY	$2,975,027,000	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	$486,982,000	BOYAmt
EOY	$430,676,000	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,707,892,000	BOYAmt
EOY	$2,846,881,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,194,874,000	BOYAmt
EOY	$3,277,557,000	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,596,206,000	BOYAmt
EOY	$6,252,584,000	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$54,906,000	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$70,006,000	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$42,229,000	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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	$534,535,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$509,166,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$378,769,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$398,568,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$454,711,000	CurrentTaxYearAmt
Total	$2,275,749,000	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	$534,535,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$509,166,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$378,769,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$398,568,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$454,711,000	CurrentTaxYearAmt
Total	$2,275,749,000	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$105,190,947	SubstantialContributorsTotAmt
Public Support Total170	$2,170,558,053	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$44,415,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$51,450,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$57,078,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$60,614,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,611,000	CurrentTaxYearAmt
Total	$245,168,000	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

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

Field	Value	IRS element (for citing)
Total Support	$2,520,917,000	TotalSupportAmt
Gross Receipts Rltd Activities	$12,910,165,000	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.86102	PublicSupportCY170Pct
Public Support PY170	0.82184	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$453,400	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$453,400	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	LOBBYING ACTIVITY EXPLANATION	FormAndLineReferenceDesc
Explanation	SCHEDULE C, PART II-B THE INSTITUTE RETAINS A CONSULTING FIRM TO MONITOR LEGISLATIVE DEVELOPMENTS AND TO COUNSEL IT ON GOVERNMENT RELATIONS MATTERS. THE CONSULTANT MAY ESTABLISH DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, AND LEGISLATIVE BODIES AND ENGAGE IN COMMUNICATION WHICH MAY BE CONSIDERED COMMUNICATION WHICH ATTEMPTS TO INFLUENCE LEGISLATION. FURTHER, THE INSTITUTE'S STAFF IN THE COURSE OF NECESSARY COMMUNICATIONS WITH GOVERNMENT OFFICIALS AND INFORMATIONAL PUBLIC EDUCATION ACTIVITIES, MAY FROM TIME TO TIME ENGAGE IN COMMUNICATION WHICH MAY BE CONSIDERED TO INFLUENCE LEGISLATION. TOTAL LOBBYING EXPENDITURES INCLUDE THE TOTAL OF ALL EXPENDITURES IN ALL ACCOUNTS THAT THE INSTITUTE BELIEVES MAY POTENTIALLY HAVE ANY RELATIONSHIP TO LOBBYING. THIS AMOUNT INCLUDES ALL OFFICE BUDGET EXPENDITURES OF THE INSTITUTE'S OFFICE OF EXTERNAL RELATIONS THAT ARE EXPENDED FOR LOBBYING ACTIVITIES. THE INSTITUTE IS A MEMBER OF CERTAIN PROFESSIONAL AND ACADEMIC ORGANIZATIONS THAT HAVE REGISTERED TO LOBBY ON BEHALF OF MEMBERSHIP. ALTHOUGH A SMALL PORTION OF THE INSTITUTE'S MEMBERSHIP DUES MAY BE USED FOR LOBBYING, THE AMOUNT IS IMMATERIAL. CALTECH'S MEMBERSHIP IN THESE ORGANIZATIONS IS FOR THE PURPOSE OF HAVING ACCESS TO THE MOST CURRENT INFORMATION ON GOVERNMENT AND BUSINESS DEVELOPMENTS AS THEY RELATE TO COLLEGES AND UNIVERSITIES AND NOT FOR ANY LOBBYING EFFORT.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
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	$2,986,660,000	BeginningYearBalanceAmt
Contributions	$70,073,000	ContributionsAmt
Investment Earnings Or Losses	$213,522,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$29,172,000	GrantsOrScholarshipsAmt
Other Expenditures	$109,185,000	OtherExpendituresAmt
Administrative Expenses	$31,308,000	AdministrativeExpensesAmt
End Year Balance	$3,100,590,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,906,200,000	BeginningYearBalanceAmt
Contributions	$91,270,000	ContributionsAmt
Investment Earnings Or Losses	$149,358,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$27,576,000	GrantsOrScholarshipsAmt
Other Expenditures	$103,105,000	OtherExpendituresAmt
Administrative Expenses	$29,487,000	AdministrativeExpensesAmt
End Year Balance	$2,986,660,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,638,177,000	BeginningYearBalanceAmt
Contributions	$160,741,000	ContributionsAmt
Investment Earnings Or Losses	$257,370,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$26,548,000	GrantsOrScholarshipsAmt
Other Expenditures	$95,656,000	OtherExpendituresAmt
Administrative Expenses	$27,884,000	AdministrativeExpensesAmt
End Year Balance	$2,906,200,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,251,420,000	BeginningYearBalanceAmt
Contributions	$184,834,000	ContributionsAmt
Investment Earnings Or Losses	$343,179,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$25,990,000	GrantsOrScholarshipsAmt
Other Expenditures	$92,264,000	OtherExpendituresAmt
Administrative Expenses	$23,002,000	AdministrativeExpensesAmt
End Year Balance	$2,638,177,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,114,609,000	BeginningYearBalanceAmt
Contributions	$106,735,000	ContributionsAmt
Investment Earnings Or Losses	$160,809,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$20,295,000	GrantsOrScholarshipsAmt
Other Expenditures	$90,187,000	OtherExpendituresAmt
Administrative Expenses	$20,251,000	AdministrativeExpensesAmt
End Year Balance	$2,251,420,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.21440	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.77810	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00750	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$48,397,000	OtherCostOrOtherBasisAmt
Book Value	$48,397,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,330,183,000	OtherCostOrOtherBasisAmt
Depreciation	$640,842,000	DepreciationAmt
Book Value	$689,341,000	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$650,183,000	OtherCostOrOtherBasisAmt
Depreciation	$498,615,000	DepreciationAmt
Book Value	$151,568,000	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$278,970,000	OtherCostOrOtherBasisAmt
Book Value	$278,970,000	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,168,276,000	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	$450,000	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ALTERNATIVE SECURITIES	$912,146,000	F
PRIVATE EQUITY	$623,861,000	F
REAL ASSETS	$345,221,135	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,881,678,135	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ACCUMULATED POST RET. BENEFIT	Desc
Amt	$455,016,000	Amt

Field	Value	IRS element (for citing)
Total Liability	$455,016,000	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,467,491,000	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$70,006,000	NetUnrealizedGainsInvstAmt
Other Revenue	-$124,524,000	OtherRevenueAmt
Revenue Not Reported	-$54,518,000	RevenueNotReportedAmt
Revenue Subtotal	$3,522,009,000	RevenueSubtotalAmt
Total Revenue Per Form990	$3,522,009,000	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,366,102,000	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$3,366,102,000	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$14,008,000	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$86,993,000	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$101,001,000	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,467,103,000	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1A	THE INSTITUTE DOES NOT CAPITALIZE ITS COLLECTION ITEMS. DUE TO THE IMMATERIALITY OF THE EFFECT OF COLLECTIONS PRACTICES ON ITS FINANCIAL STATEMENTS, THE INSTITUTE DOES NOT DISCLOSE ITS COLLECTIONS POLICIES.
SCHEDULE D, PART III, LINE 4	CALTECH MAINTAINS A COLLECTION OF INSTITUTIONAL RECORDS, DOCUMENTS, ARTIFACTS, AND SPECIMENS FOR HISTORICAL PRESERVATION, INSTRUCTION, AND SCHOLARLY RESEARCH.
SCHEDULE D, PART IV, LINE 2B	THE INSTITUTE IS THE TRUSTEE OF DONOR ANNUITIES AND TRUST AGREEMENTS AND MANAGES CERTAIN INVESTMENT FUNDS FOR OTHERS, SUCH AS RELATED ORGANIZATIONS.
SCHEDULE D, PART V, LINE 4	THE INSTITUTE'S ENDOWMENT IS COMPRISED OF DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS HELD FOR LONG-TERM INVESTMENT. THROUGH AN ANNUAL SPENDING ALLOCATION, THE ENDOWMENT SUPPORTS THE MISSION OF EDUCATION AND RESEARCH AND GENERAL OPERATING ACTIVITIES OF THE INSTITUTE. THE INSTITUTE'S ENDOWMENT SPENDING POLICY INCLUDES A BOARD OF TRUSTEES-APPROVED ENDOWMENT SPENDING FORMULA WHICH TAKES INTO CONSIDERATION THE PRIOR YEAR'S SPENDING, INFLATION FACTORS, AND ENDOWMENT GROWTH. THE INSTITUTE INVESTS ENDOWMENT ASSETS TARGETED TO EARN AN AVERAGE ANNUAL TOTAL RETURN THAT EXCEEDS INFLATION BY AT LEAST THE AMOUNT REQUIRED TO SUPPORT THE ENDOWMENT SPENDING. ALL ENDOWMENT ASSETS ARE HELD IN THE INVESTMENT POOL UNLESS SPECIAL CONSIDERATIONS OR DONOR STIPULATIONS REQUIRE THAT THEY BE INVESTED SEPARATELY. TOTAL RETURN INCLUDES BOTH CAPITAL APPRECIATION/DEPRECIATION (REALIZED AND UNREALIZED GAINS/LOSSES) AND INVESTMENT INCOME (INCLUDING INTEREST, DIVIDENDS, AND ROYALTIES). THE INSTITUTE TARGETS A DIVERSIFIED ASSET ALLOCATION, INCLUDING INVESTMENTS IN BOTH PUBLIC MARKETS AND IN ALTERNATIVE INVESTMENTS, WITHIN RISK CONSTRAINTS DEEMED TO BE PRUDENT.
SCHEDULE D, PART VII, LINE 3A	ALTERNATIVE SECURITIES INCLUDE, BUT ARE NOT LIMITED TO, SUBSTANTIAL INVESTMENT HOLDINGS THAT ARE ILLIQUID AND/OR CONTAIN VARIOUS REDEMPTION RESTRICTIONS.
SCHEDULE D, PART X, LINE 2	THE INSTITUTE IS GENERALLY EXEMPT FROM FEDERAL TAXES ON INCOME RELATED TO ITS CHARITABLE PURPOSE UNDER THE PROVISIONS OF IRC SECTION 501(C)(3) AND FROM CALIFORNIA AND OTHER STATE INCOME TAXES UNDER CORRESPONDING STATE LAWS. THE INSTITUTE IS SUBJECT TO BOTH FEDERAL AND STATE INCOME TAXES ON INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS EXEMPT PURPOSE. AT SEPTEMBER 30, 2020 AND 2019, THE INSTITUTE MAINTAINED A FULL VALUATION ALLOWANCE ON ITS DEFERRED TAX ASSETS. THE VALUATION ALLOWANCE REDUCED NET DEFERRED TAX ASSETS, WHICH ARE PRIMARILY DUE TO TAX LOSSES FROM CERTAIN INVESTMENT ACTIVITIES, TO A VALUE OF $0. BASED ON ITS ANALYSIS OF THE UNCERTAINTIES SURROUNDING BOTH THE TIMING AND AMOUNTS OF POTENTIAL FUTURE NET TAXABLE INCOME, THE INSTITUTE HAS ASSUMED THAT IT IS MORE LIKELY THAN NOT THAT THE INSTITUTE WILL NOT REALIZE THE DEFERRED TAX ASSETS. THE INSTITUTE HAS NOT PROVIDED FOR ANY UNCERTAIN TAX POSITIONS AT SEPTEMBER 30, 2020 AND 2019. THE FEDERAL TAX CUTS AND JOBS ACT ("TCJA") OF 2017 INCLUDES SEVERAL PROVISIONS THAT IMPACT THE INSTITUTE, INCLUDING AN EXCISE TAX ON NET INVESTMENT INCOME AND REVISED METHODS FOR CALCULATING UNRELATED BUSINESS INCOME. BASED ON ITS UNDERSTANDING OF THE TCJA AND AVAILABLE GUIDANCE, THE INSTITUTE HAD NO MATERIAL DEFERRED TAX LIABILITIES OR INCOME TAXES PAYABLE AT SEPTEMBER 30, 2020 AND 2019.
SCHEDULE D, PART XI, LINE 2D	RECLASSIFY FINANCIAL AID NETTED WITH TUITION (86,993,000) CHANGES IN FAIR VALUE OF INTEREST RATE SWAP (13,561,000) ENDOWMENT RECOVERY (9,962,000) INVESTMENT MANAGEMENT FEES (14,008,000) -------------- TOTAL (124,524,000) ==============
SCHEDULE D, PART XII, LINE 4B	FINANCIAL AID EXPENSES (86,993,000) ------------ TOTAL (86,993,000) ============

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	false	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, LINE 3

THE INSTITUTE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS ON A NATIONWIDE AND WORLDWIDE BASIS AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY. THE INSTITUTE INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. THEREFORE, CALTECH IS IN COMPLIANCE WITH SECTIONS 4.02 AND 4.03 OF IRS REVENUE PROCEDURE 75-50.

SCHEDULE E, LINE 6A

THE INSTITUTE RECEIVES GRANTS AND ENTERS INTO CONTRACTS WITH VARIOUS AGENCIES OF THE U.S. GOVERNMENT, THE STATE OF CALIFORNIA, AND LOCAL GOVERNMENT UNITS FOR RESEARCH, TRAINING, AND STUDENT AID.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	0	0	Investments	$1,143,841,850
Central America and the Caribbean	0	0	Program Services	$14,612	SCIENTIFIC RESEARCH
East Asia and the Pacific	0	0	Investments	$5,917,613
East Asia and the Pacific	1	1	Program Services	$1,621,174	SCIENTIFIC RESEARCH
Europe (Including Iceland and Greenland)	0	0	Investments	$117,284,271
Europe (Including Iceland and Greenland)	3	8	Program Services	$29,309,633	SCIENTIFIC RESEARCH
Middle East and North Africa	0	0	Investments	$4,403,188
Middle East and North Africa		0	Program Services	$260,711	SCIENTIFIC RESEARCH
North America	0	0	Investments	$2,749,692
North America	0	0	Program Services	$8,135,163	SCIENTIFIC RESEARCH
Russia and the Newly Independent States	0	0	Investments	$2,261,299
Russia and the Newly Independent States	0	0	Program Services	$19,429	SCIENTIFIC RESEARCH
South America	0	0	Investments	$6,582,791
South America	0	0	Program Services	$176,872	SCIENTIFIC RESEARCH
South Asia	0	0	Investments	$1,070,085
South Asia	0	0	Program Services	$515,822	SCIENTIFIC RESEARCH
Sub-Saharan Africa	0	0	Investments	$1,587,658
Sub-Saharan Africa	0	0	Program Services	$21,043	SCIENTIFIC RESEARCH

Field	Value	IRS element (for citing)
Subtotal Offices	4	SubtotalOfficesCnt
Subtotal Employees	9	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	4	TotalOfficeCnt
Total Employee	9	TotalEmployeeCnt
Subtotal Spent	$1,325,751,863	SubtotalSpentAmt
Continuation Spent	$21,043	ContinuationSpentAmt
Total Spent	$1,325,772,906	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

Field	Value	IRS element (for citing)
Type Of Assistance	STUDY ABROAD	TypeOfAssistanceTxt
Region	Europe (Including Iceland and Greenland)	RegionTxt
Recipient	25	RecipientCnt
Cash Grant	$195,350	CashGrantAmt
Manner Of Cash Disbursement	WIRE TRANSFE	MannerOfCashDisbursementTxt

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	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE F, PART I, LINES 1 AND 2	RECORDS FOR THE INSTITUTE'S STUDY ABROAD PROGRAM ARE MAINTAINED BY THE OFFICE OF FELLOWSHIPS ADVISING AND STUDY ABROAD. THIS OFFICE IS RESPONSIBLE FOR MONITORING THE USE OF FUNDS UNDER ESTABLISHED GUIDELINES.
SCHEDULE F, PART I, LINE 3	THE ORGANIZATION IS ABLE TO IDENTIFY EXPENDITURES THROUGH ITS BOOKS AND RECORDS. EXPENDITURES FOR ALL PROGRAM SERVICES ARE MADE AT FAIR VALUE WITH THE OBJECTIVE OF OBTAINING THE BEST RATES AVAILABLE. THE INSTITUTE'S INVESTMENT OFFICE IS RESPONSIBLE FOR ALL FOREIGN AND DOMESTIC INVESTMENTS. ALL INVESTMENTS ARE MADE AT FAIR MARKET VALUE (FMV).
SCHEDULE F, PARTS I & III	EXPENDITURES PER REGION ARE REPORTED ON AN ACCRUAL BASIS, WHICH IS THE METHOD USED TO ACCOUNT FOR THEM IN THE ORGANIZATION'S BOOKS AND RECORDS.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
CALTECH Y
1200 E CALIFORNIA BLVD	PASADENA	CA	91125	951684790	501(C)(3)	$75,000	ASSIST RELATED ORG.
UNITED WAY GREATER LOS ANGELES
1150 S OLIVE ST	LOS ANGELES	CA	90015	952274801	501(C)(3)	$42,000	DESIGNATED ASSISTANCE

Field	Value	IRS element (for citing)
Total501c3 Org	2	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	STUDENT AID	GrantTypeTxt
Recipient	1692	RecipientCnt
Cash Grant	$97,272,000	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE I, PART I, LINE 2

THE INSTITUTE'S GRANTS AND ASSISTANCE WITHIN THE UNITED STATES CONSISTS PRIMARILY OF SCHOLARSHIPS AND FELLOWSHIPS AWARDED TO STUDENTS. STUDENTS ARE SELECTED FOR SCHOLARSHIPS AND FELLOWSHIPS BASED ON ACADEMIC ACHIEVEMENT, FINANCIAL NEEDS, AND SIMILAR STANDARDS. VARIOUS INSTITUTE OFFICES MONITOR ELIGIBILITY AND SATISFACTORY ACADEMIC PROGRESS BY GRANTEES. THE INSTITUTE MAKES AN ANNUAL $75,000 GRANT TO THE CALTECH Y. IN ADDITION, THE INSTITUTE ALLOWS THE CALTECH Y THE USE OF FACILITIES ON CAMPUS FREE OF CHARGE. THE CALTECH Y IS A RELATED ORGANIZATION WHOSE MISSION IS TO SUPPORT THE STUDENTS OF CALTECH THROUGH VARIOUS ACTIVITIES. THE INSTITUTE MAKES AN ANNUAL DONATION (DESIGNATED ASSISTANCE) TO THE UNITED WAY OF GREATER LOS ANGELES. INSTITUTE OFFICES MONITOR THE GRANTEES' PERFORMANCE ACCORDING TO THEIR RESPECTIVE PROGRAM SERVICES GOALS AND/OR PURSUANT TO OTHER AGREEMENTS.

SCHEDULE I, PART III

COLUMN (C) CASH GRANTS REPRESENT CREDIT ON ACCOUNTS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
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	Yes (true)	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	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (25 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
THOMAS F ROSENBAUM
PRESIDENT/TRUSTEE	$1,264,656	$0	$0	$0	$576	$0	$42,825	$0	$70,746	$0	$1,378,803	$0	$0	$0
MATTHEW W BREWER
CONTROLLER	$281,222	$0	$0	$0	$471	$0	$31,625	$0	$37,306	$0	$350,624	$0	$0	$0
DIANA JERGOVIC
VP STRATEGY IMPLEMENTATION	$419,934	$0	$100,000	$0	$576	$0	$31,625	$0	$11,227	$0	$563,362	$0	$0	$0
MADELINE WAY LEE
ASST. TREAS. UNTIL 10/2019	$157,240	$0	$0	$0	$0	$0	$19,765	$0	$25,954	$0	$202,959	$0	$0	$0
SHARON E PATTERSON
ASSOC. VP FOR FIN. & TREAS.	$387,130	$0	$0	$0	$12,000	$0	$31,625	$0	$16,128	$0	$446,883	$0	$0	$0
SCOTT H RICHLAND
CHIEF INVESTMENT OFFICER	$539,292	$0	$529,713	$0	$19,000	$0	$911,575	$0	$36,330	$0	$2,035,910	$0	$513,000	$0
JOSEPH E SHEPHERD
VP STUDENT AFF. UNTIL 9/20	$366,987	$0	$0	$0	$569	$0	$42,825	$0	$29,585	$0	$439,966	$0	$0	$0
DEXTER A BAILEY
VP ADV & ALUMNI REL	$286,539	$0	$0	$0	$107,731	$0	$13,177	$0	$11,734	$0	$419,181	$0	$0	$0
MARY L WEBSTER
SECRETARY OF BOARD OF TRUSTEES	$163,618	$0	$0	$0	$15,945	$0	$25,612	$0	$23,190	$0	$228,365	$0	$0	$0
JENNIFER T LUM
GENERAL COUNSEL	$390,600	$0	$0	$0	$19,624	$0	$42,825	$0	$39,013	$0	$492,062	$0	$0	$0
VICTORIA D STRATMAN
FMR. GEN. COUNS.	$375,563	$0	$0	$0	$19,384	$0	$28,550	$0	$5,212	$0	$428,709	$0	$0	$0
MARGARET A STEURBAUT
VP ADMIN & CFO	$700,626	$0	$0	$0	$19,576	$0	$42,825	$0	$15,535	$0	$778,562	$0	$0	$0
MICHAEL M WATKINS
VP & DIR, JPL	$565,769	$0	$225,225	$0	$19,576	$0	$42,825	$0	$14,767	$0	$868,162	$0	$0	$0
CAROL J SCHUIL
EA TO PRES/ASST. SEC.	$219,961	$0	$0	$0	$406	$0	$31,518	$0	$21,400	$0	$273,285	$0	$0	$0
DAVID A TIRRELL
PROVOST	$649,311	$0	$0	$0	$0	$0	$42,825	$0	$12,070	$0	$704,206	$0	$0	$0
LARRY DEAN JAMES
DEPUTY DIRECTOR OF JPL	$471,683	$0	$112,857	$0	$25,519	$0	$42,825	$0	$2,026	$0	$654,910	$0	$0	$0
RENE FRADET
CFO, JPL, UNTIL 7/2020	$372,490	$0	$10,000	$0	$19,576	$0	$42,825	$0	$87,044	$0	$531,935	$0	$0	$0
PASY ISABELLA WANG
SR MG DIR OF INVESTMENTS	$351,755	$0	$314,876	$0	$19,654	$0	$506,625	$0	$39,006	$0	$1,231,916	$0	$302,250	$0
EDWARD M STOLPER
PROFESSOR, FORMER PROVOST	$484,970	$0	$0	$0	$19,000	$0	$42,825	$0	$14,699	$0	$561,494	$0	$0	$0
EDWARD C STONE
PROFESSOR, VICE PROVOST	$355,860	$0	$0	$0	$127,271	$0	$42,825	$0	$20,565	$0	$546,521	$0	$0	$0
FREDERIC FARINA
CHIEF INNOV & CORP OFF	$449,200	$0	$0	$0	$19,654	$0	$31,625	$0	$21,779	$0	$522,258	$0	$0	$0
MARC J GOETTEL
DIR. FOR BUSINESS OPS, JPL	$303,806	$0	$0	$0	$19,000	$0	$42,825	$0	$24,396	$0	$390,027	$0	$0	$0
CHARLES ELACHI
FORMER DIRECTOR JPL, EMERITUS	$174,930	$0	$0	$0	$0	$0	$0	$0	$0	$0	$174,930	$0	$0	$0
KEVIN M GILMARTIN
VP STUDENT AFF. AS OF 9/20	$218,275	$0	$0	$0	$420	$0	$33,116	$0	$25,588	$0	$277,399	$0	$0	$0
DOUGLAS N MACBEAN
MANAGING DIR., INVESTMENTS	$294,484	$0	$207,929	$0	$7,250	$0	$31,625	$0	$28,170	$0	$569,458	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A	FIRST CLASS TRAVEL: PURSUANT TO A WRITTEN POLICY, FIRST CLASS OR BUSINESS TRAVEL IS PERMITTED FOR CERTAIN EMPLOYEES UNDER CERTAIN CIRCUMSTANCES FOR BUSINESS PURPOSES. DURING CALENDAR YEAR 2019, THREE OFFICERS, ONE KEY EMPLOYEE, AND ONE FORMER KEY EMPLOYEE RECEIVED FIRST CLASS OR CHARTER TRAVEL BENEFITS. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. TAX INDEMNIFICATION AND GROSS UP PAYMENTS: DURING CALENDAR YEAR 2019, ONE OFFICER AND ONE HIGHEST COMPENSATED EMPLOYEE RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS. HOUSING ALLOWANCE: HOUSING ALLOWANCES ARE PROVIDED TO CERTAIN OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES AS PART OF THE INSTITUTE'S SALARY SUPPLEMENT HOUSING PROGRAM, WHICH IS GOVERNED BY A WRITTEN POLICY. DURING CALENDAR YEAR 2019, ONE OFFICER, ONE KEY EMPLOYEE, AND ONE HIGHEST COMPENSATED EMPLOYEE RECEIVED HOUSING ALLOWANCE BENEFITS. PAYMENTS UNDER THIS PROGRAM ARE INCLUDED IN TAXABLE WAGES. THE PRESIDENT OCCUPIES AN INSTITUTE-OWNED RESIDENCE ON ITS CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE INSTITUTE. THE PRESIDENT'S NONTAXABLE BENEFITS IN SCHEDULE J, PART II, COLUMN (D) INCLUDE $40,884, AN ESTIMATE OF THE ANNUAL RENTAL VALUE OF THE PERSONAL SPACE OCCUPIED IN THAT RESIDENCE.
SCHEDULE J, PART I, LINE 4B	TERMS AND CONDITIONS OF DEFERRED PERFORMANCE COMPENSATION PLANS FOR INVESTMENT PROFESSIONALS: IN 2011, THE INSTITUTE ESTABLISHED A PERFORMANCE COMPENSATION PLAN ("PLAN") TO ASSIST WITH RECRUITMENT AND RETENTION FOR ITS INVESTMENT OFFICE. UNDER THE TERMS OF THE PLAN, PARTICIPANTS ARE ELIGIBLE FOR CERTAIN AWARDS BASED ON THE PERFORMANCE OF THE INSTITUTE'S INVESTMENT OFFICE EACH CALENDAR YEAR, AS MEASURED BY CERTAIN QUANTITATIVE AND QUALITATIVE FACTORS. IN 2017, THE "PLAN" WAS SPLIT INTO TWO SEPARATE PERFORMANCE COMPENSATIONS PLANS, ONE FOR THE CHIEF INVESTMENT OFFICER AND ONE FOR THE INVESTMENT OFFICE STAFF. DURING CALENDAR YEAR 2019, THREE INDIVIDUALS REPORTED IN SCHEDULE J, SCOTT RICHLAND, PASY WANG, AND DOUGLAS MACBEAN, RECEIVED SUCH COMPENSATION. SCOTT RICHLAND PARTICIPATES IN THE CHIEF INVESTMENT OFFICER PERFORMANCE COMPENSATION PLAN, WHILE PASY WANG AND DOUGLAS MACBEAN PARTICIPATE IN THE INVESTMENT OFFICE STAFF PERFORMANCE COMPENSATION PLAN. UNDER BOTH PLANS, 50% OF THE AWARDS ARE PAID AFTER THE CONCLUSION OF THE PLAN YEAR (WHICH COINCIDES WITH THE CALENDAR YEAR), WHILE THE REMAINING 50% OF EACH YEAR'S AWARD IS DEFERRED, VESTS AND IS PAID IN THREE ANNUAL INSTALLMENTS, AS ADJUSTED BY THE POSITIVE OR NEGATIVE PERFORMANCE OF THE ENDOWMENT EACH YEAR. IN ADDITION, UNDER CERTAIN CIRCUMSTANCES, SUBJECT TO A MINIMUM NUMBER OF YEARS OF PARTICIPATION IN THE PLAN, PREVIOUSLY DEFERRED, BUT UNVESTED AMOUNTS MAY BE PAID TO THE PARTICIPANT BASED UPON THEIR AGE AND LENGTH OF SERVICE ("SPECIAL VESTING"). NO SPECIAL VESTING OCCURRED FOR ANY PARTICIPANTS DURING CALENDAR YEAR 2019. MR. RICHLAND'S, MS. WANG'S, AND MR. MACBEAN'S INDIVIDUAL AMOUNTS IN COLUMN B(II), "BONUS AND INCENTIVE COMPENSATION," COMPRISE PLAN CASH AMOUNTS PAID PURSUANT TO THE PLANS DURING CALENDAR YEAR 2019 AND REPRESENT THE AGGREGATE OF 50% OF EACH EMPLOYEES' RESPECTIVE AWARD FROM CALENDAR YEAR 2018 AND INSTALLMENTS FROM AMOUNTS DEFERRED FROM PLAN YEARS 2015-2017. AMOUNTS IN COLUMN C NOTED AS "DEFERRED INCENTIVE COMPENSATION (EARNED IN 2019)" REPRESENT THE CALENDAR YEAR 2019 AWARDS, AND ARE SUBJECT TO FORFEITURE UNDER CERTAIN CIRCUMSTANCES. SUCH AMOUNTS WOULD BE PAID IN INSTALLMENTS, ALONG WITH PRIOR YEARS' DEFERRALS, IN CALENDAR YEAR 2020 AND BEYOND.
SCHEDULE J, PART I, LINE 7	CERTAIN INDIVIDUALS LISTED IN PART I OF SCHEDULE J RECEIVED BONUSES IN RECOGNITION OF EXCELLENT JOB PERFORMANCE OR AS A NEGOTIATED PAYMENT AT THE BEGINNING OF AN EMPLOYMENT ARRANGEMENT. BONUS RECIPIENTS' NAMES AND AMOUNTS PAID ARE SHOWN IN SCHEDULE J, PART II, COLUMN B(II). SCOTT H. RICHLAND (CHIEF INVESTMENT OFFICER), PASY I. WANG (SENIOR DIRECTOR OF INVESTMENTS), AND DOUGLAS N. MACBEAN (MANAGING DIRECTOR OF INVESTMENTS): THE INSTITUTE OFFERS PERFORMANCE-BASED COMPENSATION TO CERTAIN INVESTMENT PROFESSIONALS BASED UPON THE INSTITUTE'S INVESTMENT PERFORMANCE AND OTHER FACTORS. SEE RESPONSE TO QUESTION 4B ABOVE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	521705592	BondIssuerEIN
CUSIP	130178EZ5	CUSIPNum
Bond Issued	2006-07-12	BondIssuedDt
Issue Price	$165,000,000	IssuePriceAmt
Purpose	FIN VAR CAP PROJECTS REFUND SER 03	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$0	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$184,062,305	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$1,340,471	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$93,471,835	CapitalExpendituresAmt
Other Spent Proceeds	$89,250,000	OtherSpentProceedsAmt
Unspent	$0	UnspentAmt
Substantial Completion	2010	SubstantialCompletionYr
Refunding Tax Exempt Bonds	false	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	Yes (true)	RefundingTaxableBondsInd
Final Allocation Made	Yes (true)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	Yes (true)	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	false	MgmtContractBondFincdPropInd
Any Research Agreements	Yes (true)	AnyResearchAgreementsInd
Engage Bond Counsel Research	Yes (true)	EngageBondCounselResearchInd
Private Bus Use By Others	0.00900	PrivateBusUseByOthersPct
Total Private Business Use	0.00900	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	false	RebateNotDueYetInd
Exception To Rebate	Yes (true)	ExceptionToRebateInd
No Rebate Due	Yes (true)	NoRebateDueInd
Variable Rate Issue	Yes (true)	VariableRateIssueInd
Hedge Identified In Bks And Rec	Yes (true)	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	BANK OF NY MELLON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Term Of Hedge	30.3	TermOfHedgePct
Superintegrated Hedge	false	SuperintegratedHedgeInd
Hedge Terminated	false	HedgeTerminatedInd
Gross Proceeds Invested In GIC	Yes (true)	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	CITIGROUP GLOBAL TRA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Term Of GIC	2.	TermOfGICPct
Regulatory Safe Harbor Stsfd	Yes (true)	RegulatorySafeHarborStsfdInd
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	COLUMN A:	FormAndLineReferenceDesc
Explanation	DIFFERENCE BETWEEN AMOUNT IN PART I(E) AND PART II, lINE 3 IS DUE TO INTEREST EARNED ON INVESTED PROCEEDS. PART I (F) - THE ISSUE DATE OF THE SERIES 2003 BONDS IS 01/15/2003. PART IV, LINE 2C - THE REBATE COMPUTATION WAS PERFORMED ON AUGUST 20, 2012, FOR THE COMPUTATION PERIOD ENDING ON JULY 1, 2012.	ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Cash Grant	$89,536	CashGrantAmt
Type Of Assistance	TUITION & STIPEND	TypeOfAssistanceTxt
Assistance Purpose	FINANCIAl ASSISTANCE	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (12 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
PEDRO J PIZARRO
TRUSTEE	$151,005	FAM. MEMBER(S) EMPLOYED BY CIT	false
THOMAS F ROSENBAUM
PRESIDENT/TRUSTEE	$321,002	FAM. MEMBER(S) EMPLOYED BY CIT	false
SHIRLEY M MALCOM
TRUSTEE	$315,031	FAM. MEMBER(S) EMPLOYED BY CIT	false
STEPHEN ONDERDONK
TRUSTEE	$414,017	FAM. MEMBER(S) EMPLOYED BY CIT	false
EDWARD M STOLPER
FORMER PROVOST	$168,551	FAM. MEMBER(S) EMPLOYED BY CIT	false
VICTORIA D STRATMAN
GENERAL COUNSEL	$145,514	FAM. MEMBER(S) EMPLOYED BY CIT	false
CAROL SCHUIL
EA TO PRES/ASST SEC	$55,107	FAM. MEMBER(S) EMPLOYED BY CIT	false
GLENAIR INC
SEE PART V	$992,984	SEE PART V	false
CANYON CAPITAL ADVISORS LLC
SEE PART V	$522,341	SEE PART V	false
HIMALAYA CAPITAL MANAGEMENT
SEE PART V	$1,185,159	SEE PART V	false
VIDA VENTURES LLC
SEE PART V	$125,183	SEE PART V	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$11,587,174	SEE PART V	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE L, PART IV	FormAndLineReferenceDesc
Explanation	NAME OF PERSON: GLENAIR, INC. ("GLENAIR") RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: PETER D. KAUFMAN, A TRUSTEE OF THE INSTITUTE, IS ALSO CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF GLENAIR. AMOUNT OF TRANSACTION: AGGREGATE $992,984 FOR THE YEAR ENDED SEPTEMBER 30, 2020. DESCRIPTION OF TRANSACTION: GLENAIR IS A U.S. - BASED COMPANY THAT SPECIALIZES IN THE MANUFACTURING OF ELECTRONIC COMPONENTS. THE INSTITUTE HAS PROCURED COMPONENTS FROM GLENAIR IN THE NORMAL COURSE OF BUSINESS, AT ARM'S LENGTH AND IN ACCORDANCE WITH INSTITUTE PROCUREMENT POLICIES AND PROCEDURES. MR. KAUFMAN DID NOT PARTICIPATE IN, AND WAS EXCLUDED FROM, THE INSTITUTE'S DELIBERATIONS AND DECISIONS WITH RESPECT TO THESE PROCUREMENTS. NAME OF PERSON: CANYON CAPITAL ADVISORS, LLC ("CANYON") RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: JOSHUA S. FRIEDMAN, A TRUSTEE OF THE INSTITUTE, IS ALSO A FOUNDING PARTNER, CO-CHAIRMAN, AND CO-CEO OF CANYON. AMOUNT OF TRANSACTION: MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES OF $522,341 FOR THE YEAR ENDED SEPTEMBER 30, 2020. DESCRIPTION OF TRANSACTION: THE INSTITUTE IS AN INVESTOR IN TWO FUNDS MANAGED BY CANYON. THE INVESTMENT WITH CANYON ("THE TRANSACTION") WAS MADE DURING THE INSTITUTE'S FISCAL YEAR 2012 AFTER AN INDEPENDENT COMMITTEE OF TRUSTEES CONSIDERED THE TRANSACTION IN ACCORDANCE WITH INSTITUTE POLICY AND DETERMINED THAT: THE TRANSACTION WAS FAIR AND REASONABLE AS TO THE INSTITUTE AND THE ECONOMIC BENEFIT PROVIDED BY THE INSTITUTE DID NOT EXCEED THE FAIR MARKET VALUE OF THE CONSIDERATION RECEIVED BY THE INSTITUTE; THE TRANSACTION WAS ENTERED INTO SOLELY FOR THE BENEFIT OF THE INSTITUTE; AND THE INSTITUTE COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. DURING THE YEAR ENDED SEPTEMBER 30, 2020, THE INSTITUTE'S INVESTMENTS IN CANYON FUNDS INCURRED $522,341 IN MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES. AS OF SEPTEMBER 30, 2020, ACCRUED AND UNPAID MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES TOTALED $76,486. AS OF SEPTEMBER 30, 2020, CANYON HAD TOTAL ASSETS UNDER MANAGEMENT OF APPROXIMATELY $26 BILLION. NAME OF PERSON: HIMALAYA CAPITAL MANAGEMENT, LLC ("HIMALAYA") RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: LI LU, A TRUSTEE OF THE INSTITUTE, IS ALSO A FOUNDER AND CHAIRMAN OF HIMALAYA. AMOUNT OF TRANSACTION: MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES OF $1,185,159 FOR THE YEAR ENDED SEPTEMBER 30, 2020. DESCRIPTION OF TRANSACTION: THE INSTITUTE HAS BEEN AN INVESTOR IN A FUND MANAGED BY HIMALAYA SINCE SEPTEMBER 2014. MR. LI LU DID NOT JOIN THE INSTITUTE'S BOARD OF TRUSTEES UNTIL JULY 2018. THE INVESTMENT WAS ENTERED INTO SOLEY FOR THE BENEFIT OF THE INSTITUTE WITHOUT REGARD TO ANY POSSIBILITY OF MR. LI LU JOINING THE BOARD IN THE FUTURE. DURING THE YEAR ENDING SEPTEMBER 30, 2020, THE INSTITUTE'S INVESTMENTS IN HIMALAYA INCURRED $1,185,159 IN MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES. AS OF SEPTEMBER 30, 2020, ACCRUED AND UNPAID MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES TOTALED $145,492. AS OF SEPTEMBER 30, 2020, HIMALAYA HAD TOTAL ASSETS UNDER MANAGEMENT OF APPROXIMATELY $14.1 BILLION. NAME OF PERSON: VIDA VENTURES, LLC ("VIDA") RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: REBECKA BELLDEGRUN, A TRUSTEE OF THE INSTITUTE, IS THE SPOUSE OF ARIE BELLDEGRUN, CO-FOUNDER AND SENIOR MANAGING DIRECTOR OF VIDA. AMOUNT OF TRANSACTION: MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES OF $125,183 FOR THE YEAR ENDED SEPTEMBER 30, 2020. DESCRIPTION OF TRANSACTION: THE INSTITUTE IS AN INVESTOR IN ONE FUND MANAGED BY VIDA. THE INVESTMENT WITH VIDA ("THE TRANSACTION") WAS MADE DURING THE INSTITUTE'S FISCAL YEAR 2019. DURING THE YEAR ENDING SEPTEMBER 30, 2020, THE INSTITUTE'S INVESTMENTS IN VIDA INCURRED $125,183 IN MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES. AS OF SEPTEMBER 30, 2020, ACCRUED AND UNPAID MANAGEMENT FEES, PERFORMANCE FEES AND EXPENSES TOTALED $40,629. AS OF SEPTEMBER 30, 2020, VIDA HAD TOTAL ASSETS UNDER MANAGEMENT OF APPROXIMATELY $619.5 MILLION. NAME OF PERSON: SUBSTANTIAL CONTRIBUTOR RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ORGANIZATION IS A SUBSTANTIAL CONTRIBUTOR TO THE INSTITUTE THAT IS REPORTED ON SCHEDULE B. AMOUNT OF TRANSACTION: AGGREGATE $11,587,174 FOR THE YEAR ENDED SEPTEMBER 30, 2020. DESCRIPTION OF TRANSACTION: THE ORGANIZATION IS A US-BASED ONLINE RETAILER. THE INSTITUTE HAS PROCURED SUPPLIES AND SERVICES FROM THE ORGANIZATION IN THE NORMAL COURSE OF BUSINESS, AT ARM'S LENGTH, AND IN ACCORDANCE WITH INSTITUTE PROCUREMENT POLICIES AND PROCEDURES. NO PERSONNEL FROM THE ORGANIZATION PARTICIPATED IN THE INSTITUTE'S DELIBERATIONS WITH RESPECT TO THESE PROCUREMENTS.	ExplanationTxt

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArtGrp
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	67	ContributionCnt
Noncash Contributions Rpt F990	$14,111,868	NoncashContributionsRptF990Amt
Method Of Determining Revenues	hi-lo avg	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp

Real Estate Commercial RealEstateCommercialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$14,055,491	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	EQUIPMENT	4	$4,737,120	INVENTORY&PLACE MARK
Yes (X)	MISCELLANEOUS	7	$2,000	Retail & Place Mark

Field	Value	IRS element (for citing)
Form8283 Received	1	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 (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE M, PART I	CONTRIBUTION AMOUNTS ARE PRESENTED ON THE ACCRUAL BASIS CONSISTENT WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND THEREFORE MAY PRODUCE DIFFERENT RESULTS FROM COMPUTATIONS USING IRS-REQUIRED METHODOLOGY APPLICABLE TO DONORS.
SCHEDULE M, PART I, COLUMN (B)	AMOUNTS IN THIS COLUMN REFLECT THE NUMBER OF CONTRIBUTORS.
SCHEDULE M, PART I, LINE 25	EQUIPMENT DONATED FOR RESEARCH AND INSTRUCTION.
SCHEDULE M, PART I, LINE 26	MISCELLANEOUS ITEMS INCLUDED MINERAL RIGHTS, WINE, TABLES, ARTWORK, KN95 MASKS AND SURGICAL MASKS.
SCHEDULE M, PART I, LINE 32B	THE INSTITUTE MAY UTILIZE THIRD PARTY BROKERS TO SELL SECURITIES AND REAL ESTATE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I AND III, LINE 1	THE MISSION OF THE CALIFORNIA INSTITUTE OF TECHNOLOGY ("THE INSTITUTE"CALTECH") IS TO EXPAND HUMAN KNOWLEDGE AND BENEFIT SOCIETY THROUGH RESEARCH INTEGRATED WITH EDUCATION. WE INVESTIGATE THE MOST CHALLENGING, FUNDAMENTAL PROBLEMS IN SCIENCE AND TECHNOLOGY IN A SINGULARLY COLLEGIAL, INTERDISCIPLINARY ATMOSPHERE, WHILE EDUCATING OUTSTANDING STUDENTS TO BECOME CREATIVE MEMBERS OF SOCIETY.
FORM 990, PART I, LINE 6	THE NUMBER IDENTIFIED IS BASED ON A REASONABLE ESTIMATE.
FORM 990, PART III, LINE 4D	AUXILIARY ENTERPRISES (EXPENSES $37,086,000 AND REVENUE $47,056,000) AUXILIARY ENTERPRISES IN SUPPORT OF THE INSTITUTE'S MISSION (CALTECH Y ALLOCATION) - GRANTS $75,000 CASH ALLOCATION TO RELATED ORGANIZATION SUPPORTING INSTITUTE'S MISSION (UNITED WAY GREATER LOS ANGELES) TO MATCH EMPLOYEE CONTRIBUTIONS TO UNITED WAY - GRANTS $42,000
FORM 990, PART IV, LINE 6	THE INSTITUTE HAS NO SEPARATE FUNDS OR ACCOUNTS WHERE DONORS HAVE THE RIGHT EITHER TO PROVIDE ADVICE ON THE INVESTMENT OF AMOUNTS IN THE FUNDS OR TO PROVIDE ADVICE ON DISTRIBUTION OF SUCH FUNDS OUTSIDE THE INSTITUTE.
FORM 990, PART VI, LINE 2	TRUSTEES THOMAS E. EVERHART AND PETER NORTON - BUSINESS RELATIONSHIP TRUSTEES JOSHUA S. FRIEDMAN AND DR. REBECKA BELLDEGRUN - BUSINESS RELATIONSHIP TRUSTEES JOSHUA S. FRIEDMAN AND RICHARD N. MERKIN - BUSINESS RELATIONSHIP TRUSTEES JOSHUA S. FRIEDMAN AND B. KIPLING HAGOPIAN - BUSINESS RELATIONSHIP TRUSTEES JOSHUA S. FRIEDMAN AND WALTER G. KORTSCHAK - BUSINESS RELATIONSHIP TRUSTEES LI LU AND WALTER G. KORTSCHAK - BUSINESS RELATIONSHIP TRUSTEES LYNN A. BOOTH AND KENT KRESA - FAMILY RELATIONSHIP
FORM 990, PART VI, LINE 11B	THE INSTITUTE PREPARED FORM 990 WITH THE ASSISTANCE OF A PAID PREPARER. A DRAFT OF THE FORM 990 IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE FOR REVIEW AND COMMENT. A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. AN OFFICER OF THE INSTITUTE AND ITS PAID PREPARER, RESPECTIVELY, SIGN THE FINAL FORM 990.
FORM 990, PART VI, LINE 12C	EACH TRUSTEE AND OFFICER IS REQUIRED TO COMPLETE ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSING POTENTIAL OR ACTUAL CONFLICTS. TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO DISCLOSE IN WRITING POTENTIAL AND ACTUAL CONFLICTS ON AN ONGOING BASIS THROUGHOUT THE YEAR. ALL CONFLICTS ARE RESOLVED IN ACCORDANCE WITH THE INSTITUTE'S WRITTEN CONFLICT OF INTEREST POLICIES.
FORM 990, PART VI, LINE 15A, 15B	THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES NORMALLY REVIEWS AT LEAST ANNUALLY THE COMPENSATION OF OFFICERS AND CERTAIN EMPLOYEES, INCLUDING KEY EMPLOYEES OF THE INSTITUTE. THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS COMPARABILITY DATA FROM RELEVANT SURVEYS. THE DELIBERATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE COMMITTEE'S MINUTES.
FORM 990, PART VI, LINE 19	THE INSTITUTE'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, COLUMN B	ESTIMATES OF TRUSTEES' TIME DEVOTED TO INSTITUTE BUSINESS ARE BASED ON FIGURES PROVIDED BY TRUSTEES THEMSELVES OR GENERAL INSTITUTE ESTIMATES BASED ON TRUSTEES' COMMITTEE ASSIGNMENTS. TIME DEVOTED TO INSTITUTE BUSINESS BY OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES MAY SUBSTANTIALLY EXCEED THE ESTIMATES PROVIDED ON A REGULAR BASIS.
FORM 990, PART IX, LINE 24C	THE INSTITUTE RECOVERS FROM ITS ENDOWMENT INVESTMENT POOL A PORTION OF THE COSTS OF RAISING AND STEWARDING ENDOWMENTS. ENDOWMENT RECOVERY REPRESENTS AMOUNTS FROM THE ENDOWMENT INVESTMENT POOL APPLIED AGAINST CURRENT FUNDRAISING COSTS. THE RESULTING REDUCTION IN ENDOWMENT NET ASSETS IS REFLECTED IN OTHER CHANGES IN NET ASSETS OR FUND BALANCES ON FORM 990, PART XI, LINE 9.
FORM 990, PART X, LINE 11	INVESTMENTS - PUBLICLY TRADED SECURITIES INCLUDE, BUT ARE NOT LIMITED TO, INVESTMENTS HELD DIRECTLY OR IN FUNDS AND MANAGED ACCOUNTS FOR WHICH THE UNDERLYING SECURITIES ARE PRIMARILY PUBLICLY TRADED, ALTHOUGH CERTAIN RESTRICTIONS ON THE LIQUIDITY OF SOME OF THESE HOLDINGS MAY EXIST.
FORM 990, PART XI, LINE 9	OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGES IN POSTEMPLOYMENT BENEFIT OBLIGATIONS ($ 17,821,000) ENDOWMENT RECOVERY ($ 9,962,000) LOSS ON DISPOSAL OF PROPERTY ($ 885,000) CHANGES IN FAIR VALUE OF INTEREST RATE SWAP ($ 13,561,000) --------------- TOTAL ($ 42,229,000) ===============
FORM 990, PART XII, LINE 1	IN ACCORDANCE WITH IRS INSTRUCTIONS, FORM 990 AND ALL SCHEDULES THEREIN (WITH THE EXCEPTION OF REQUIRED CALENDAR-YEAR REPORTING FOR COMPENSATION), HAVE BEEN COMPLETED ON THE ACCRUAL BASIS CONSISTENT WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
WILSON AVENUE INVESTMENTS LLC
1200 EAST CALIFORNIA BLVD	PASADENA	CA	91125	461712999	HOLDING CO.	DE	$0	$0	CIT
WILSON HEC LLC
551 S WILSON AVE MAILCODE 2-42	PASADENA	CA	91125	364849057	HOLDING CO.	CA	$0	$333,422	CIT
CIT MICROPROBE HOLDINGS LLC
1200 EAST CALIFORNIA BLVD	PASADENA	CA	91125	205217981	HOLDING CO	NV	$14,754	$1,394,260	CIT

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 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
CALTECH Y
1201 E CALIFORNIA BLVD	PASADENA	CA	91125	951684790	RECREATION	CA	501(C)(3)	12,3, FI	NA	false
ALUMNI ASSOCIATION OF CALTECH
345 S HILL AVE	PASADENA	CA	91125	956047395	ALUMNI	CA	501(C)(3)	12, TYPE 1	CALTECH	Yes (true)
TOM AND VALLEY KNUDSEN FDN
C/O CALTECH GIFT PLANNING	PASADENA	CA	91125	956031188	SUPPORT ORG	CA	501(C)(3)	12, TYPE 1	NA	false

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct
VARAGON FUND I LP
301 COMMERCE ST	FORT WORTH	TX	76102	811640281	INVESTMENTS	TX	CALTECH	RELATED	$15,106,978	$318,427,176	false	$8,075,658	false	0.64901
EAGLE CAPITAL EQUITY FUND LP
499 PARK AVE 17TH FLOOR	NEW YORK	NY	10022	833100399	INVESTMENTS	NY	CALTECH	RELATED	$31,257	$49,999,105	false	$0	false	0.62208

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct
CRAT (3)
CHARITABLE TR	CA	CALTECH	TRUST	Yes (true)
CRUT (109)
CHARITABLE TR	CA	CALTECH	TRUST	Yes (true)
HYDRA-ELECTRIC CO
AEROSPACE	CA	WILSON HEC	C CORP	Yes (true)	3151 KENWOOD STREET	BURBANK	CA	91505	951914801	$0	$1	1.00000

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	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	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (true)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	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 (5 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
VARAGON FUND I LP
B	$33,499,645	FMV
VARAGON FUND I LP
S	$26,652,408	FMV
CRUT
A	$34,195	FMV
EAGLE CAPITAL EQUITY FUND LP
B	$50,000,000	FMV
ALUMNI ASSOCIATION OF CALTECH
C	$86,800	FMV

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART V, LINE 1L, 1N, AND 1O	FormAndLineReferenceDesc
Explanation	THE INSTITUTE ALLOWS THE CALTECH ALUMNI ASSOCIATION THE USE OF FACILITIES ON CAMPUS FREE OF CHARGE. THE CALTECH ALUMNI ASSOCIATION IS A RELATED ORGANIZATION WHOSE MISSION IS TO PROVIDE EDUCATIONAL AND OTHER PROGRAMS FOR CALTECH ALUMNI AND STUDENTS. THE INSTITUTE PROVIDES DIRECT ADMINISTRATIVE SUPPORT, FREE OF CHARGE, TO BOTH THE TOM AND VALLEY KNUDSEN FOUNDATION, A RELATED PHILANTHROPIC FOUNDATION, AND THE CALIFORNIA INSTITUTE OF TECHNOLOGY RETIREE MEDICAL PLAN FOR JPL RETIREES VEBA TRUST, A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION ORGANIZED BY THE INSTITUTE THAT OPERATES IN CONJUNCTION WITH AN INSTITUTE-SPONSORED POSTRETIREMENT BENEFIT PLAN FOR JPL RETIREES.	ExplanationTxt