2021-03-12T11:06:37-06:00 2020-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2019-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 ACADEMY ST KALAMAZOO MI 49006 KAREN SISSON VP FOR BUSINESS AND FINANCE 2693377000 2021-03-08 1 DORI J EGGETT P00645252 2695674500 2021-03-08 2019 2022-09-23 18:48:47Z JORGE G GONZALEZ 1200 ACADEMY ST KALAMAZOO MI 49006 129707090 0 X WWW.KZOO.EDU X 1833 MI THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. 34 33 1587 1200 40063 17811 10825952 12242337 79255667 80205207 6093269 3992169 385469 314871 96560357 96754584 45558542 49415776 0 0 34093128 34920571 54044 67780 3487019 24016752 22537512 103722466 106941639 -7162109 -10187055 387566756 383146506 73787972 74715941 313778784 308430565 X THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. AS A HIGHLY SELECTIVE, NATIONALLY RENOWNED AND INTERNATIONALLY ORIENTED FOUR-YEAR COLLEGE OF ARTS AND SCIENCES, KALAMAZOO COLLEGE HAS DEVELOPED A TRADITION OF EXCELLENCE IN THE FULFILLMENT OF THIS MISSION. 0 0 96527204 49415776 80177559 HIGHER EDUCATION: THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. AS A HIGHLY SELECTIVE, NATIONALLY RENOWNED, AND INTERNATIONALLY ORIENTED FOUR-YEAR COLLEGE OF ARTS AND SCIENCES, KALAMAZOO COLLEGE HAS DEVELOPED A TRADITION OF EXCELLENCE IN THE FULFILLMENT OF THIS MISSION. COLLEGE ENROLLMENT FOR THE FALL QUARTER OF 2019 WAS 1,491 STUDENTS.KALAMAZOO COLLEGE DIRECTLY TRACKED EXPENSES RELATING TO THE COVID-19 PANDEMIC. EXPENSES FOR YEAR ENDED JUNE 30, 2020 TOTALLED $12,501. THE EXPENSES RELATED TO PREVENTING THE SPREAD OF THE VIRUS TO STUDENTS AND FACULTY WHO REMAINED ON CAMPUS IN THE SPRING AND SUMMER OF 2020. 96527204 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 1 245 0 1 1587 1 1 1 1 FR GM KE SP 0 0 0 1 1 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO KY MA MD MI NH NY OH OK OR SC WA X JODI BREITHART 2693377228 1200 ACADEMY ST KALAMAZOO MI 49006 JORGE G GONZALEZ PRESIDENT 40.00 0.00 X X 436499 0 90049 ALBERT DESIMONE VP COLLEGE ADVANCEMENT 40.00 0.00 X 223686 0 42464 GREGORY DIMENT ASSOCIATE PROVOST IS 40.00 0.00 X 148672 0 84183 JAMES A LANGELAND PROFESSOR OF BIOLOGY 40.00 0.00 X 120208 0 70940 LISA BROCK ACADEMIC DIRECTOR, ARCUS CENTER FOR SOCIAL JUSTICE 40.00 0.00 X 158009 0 30588 SARAH WESTFALL VP STUDENT DEV/DEAN OF STUDENTS 40.00 0.00 X 160812 0 25350 PETER ERDI LUCE PROFESSOR OF COMPLEX SYSTEMS 40.00 0.00 X 126239 0 32871 CATHERINE BONNES INTERIM ASSISTANT TREASURER 40.00 0.00 X 120505 0 35983 LAURA FURGE INTERIM PROVOST 40.00 0.00 X 103716 0 37408 MARK RILEY HEAD COACH OF MEN'S TENNIS 40.00 0.00 X 114496 0 12252 DANETTE JOHNSON PROVOST 40.00 0.00 X 103720 0 20862 JAMES E PRINCE VP BUSINESS AND FINANCE 40.00 0.00 X 101235 0 18286 S SI JOHNSON CHAIR 2.00 0.00 X X 0 0 0 JAMES A CLAYTON VICE CHAIR 2.00 0.00 X X 0 0 0 HANS P MOREFIELD TREASURER 2.00 0.00 X X 0 0 0 AMY S COURTER SECRETARY 2.00 0.00 X X 0 0 0 HASHEM AKHAVAN-TAFTI TRUSTEE 2.00 0.00 X 0 0 0 JUDITH L BOLLINGER TRUSTEE 2.00 0.00 X 0 0 0 MARTHA CAMPBELL TRUSTEE 2.00 0.00 X 0 0 0 JODY L CLARK TRUSTEE 2.00 0.00 X 0 0 0 JONATHAN R CUNNINGHAM TRUSTEE 2.00 0.00 X 0 0 0 HELEN B ETKIN TRUSTEE 2.00 0.00 X 0 0 0 GWEN A FOUNTAIN TRUSTEE 2.00 0.00 X 0 0 0 MARK G GHAFARI TRUSTEE 2.00 0.00 X 0 0 0 CHARLOTTE H HALL TRUSTEE 2.00 0.00 X 0 0 0 DONALD L HAFNER TRUSTEE 2.00 0.00 X 0 0 0 KELSEY M HASSEVORT TRUSTEE 2.00 0.00 X 0 0 0 JAMES N HEATH TRUSTEE 2.00 0.00 X 0 0 0 EDWIN R HORTELANO TRUSTEE 2.00 0.00 X 0 0 0 ALEXANDER C LIPSEY TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER U LIGHT TRUSTEE 2.00 0.00 X 0 0 0 TERESA L KLINE TRUSTEE 2.00 0.00 X 0 0 0 JOHN H KITTREDGE TRUSTEE 2.00 0.00 X 0 0 0 ASIA L MORALES TRUSTEE 2.00 0.00 X 0 0 0 DONALD R PARFET TRUSTEE 2.00 0.00 X 0 0 0 GAIL A RAIMAN TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER P REYNOLDS TRUSTEE 2.00 0.00 X 0 0 0 MARY BETH SARHATT TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM R STOERI TRUSTEE 2.00 0.00 X 0 0 0 JON L STRYKER TRUSTEE 2.00 0.00 X 0 0 0 BONNIE WACHTER SWENBY TRUSTEE 2.00 0.00 X 0 0 0 M ELIZABETH WASHINGTON TRUSTEE 2.00 0.00 X 0 0 0 AMY E UPJOHN TRUSTEE 2.00 0.00 X 0 0 0 RICHARD E YEHLE TRUSTEE 2.00 0.00 X 0 0 0 DEBRA L YOURICK TRUSTEE 2.00 0.00 X 0 0 0 KAREN L SISSON VP FOR BUSINESS AND FINANCE 40.00 0.00 X 0 0 0 1917797 0 501236 24 0 1 0 CREATIVE DINING SERVICES ONE ROYAL PARK DR STE 3 ZEELAND MI 49464 CAMPUS FOOD SERVICES 3510071 MILLER DAVIS COMPANY 1029 PORTAGE ST KALAMAZOO MI 49001 CONSTRUCTION CONTRACTOR 1843387 ANDY J EGAN COMPANY 2001 WALDORF ST NW STE 200 GRAND RAPIDS MI 49544 CONSTRUCTION CONTRACTOR 1014026 TOWER PINKSTER TITUS ASSOCIATES 242 E KALAMAZOO AVE SUITE 200 KALAMAZOO MI 49001 ARCHITECT 747881 EAB GLOBAL INC 2445 M ST NW WASHINGTON DC 20037 STUDENT MARKETING CONSULTANT 521028 11 7445 2480335 1420353 8334204 383283 12242337 TUITION AND FEES 611310 73851038 73851038 ROOM AND BOARD 611310 4882950 4882950 ANCILLARY SERVICES 611310 1471219 1443571 27648 80205207 1414760 12415 1402345 279406 279406 84055 101095 -17040 -17040 -17040 34796957 750 32489022 10682 2307935 -9932 2298003 2298003 14957 7445 5437 9520 9520 83875 5500 78375 78375 584786 340770 244016 244016 96754584 80177559 40063 4294625 45325198 45325198 4090578 4090578 1529330 454884 804219 270227 24410489 20601582 1819357 1989550 1778424 1408286 188944 181194 5534821 4276390 919461 338970 1667507 1344691 179768 143048 261844 706 261138 124968 124968 67780 67780 524928 524928 1873144 1695885 75736 101523 102440 71452 25211 5777 1096936 720982 284976 90978 768834 279400 482934 6500 1933655 1699871 176434 57350 1218686 959918 115152 143616 620087 455578 124705 39804 1770097 1627240 115149 27708 3290494 3067624 199876 22994 300833 300833 STUDY ABROAD 3947468 3947468 FOOD SERVICES 2321991 2321991 STUDENT ACTIVITIES 61827 61827 2319280 1814820 504460 106941639 96527204 6927416 3487019 18485804 18752876 20543261 19654730 1042424 1435421 5890670 4845815 465262 460161 904186 547177 158161341 72368691 80843238 85792650 194982834 184224225 64409077 67433451 387566756 383146506 6837254 8541138 333829 355250 43080613 42369385 23536276 23450168 73787972 74715941 X 100658614 95375207 213120170 213055358 313778784 308430565 387566756 383146506 X -10187055 6985391 -2146555 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 240343608 4087497 10962257 2717301 8607968 487952 243580141 240993994 3343383 9046629 2594995 9975482 469921 240343608 226973570 4779328 22127011 2392043 9909078 584794 240993994 206774239 2807696 28433040 2242656 8316410 482339 226973570 219847239 3209502 -5673733 2181749 8074541 352479 206774239 0.21010 0.78990 0.00000 0 1 1 2489726 2489726 108447136 47011484 61435652 28394983 22325440 6069543 18829496 3031767 15797729 85792650 HEDGE FUNDS 52003786 F PRIVATE EQUITY FUNDS 4519633 F CHARITABLE REMMAINDER TRUSTS & GIFTS ANNUITIES 2312779 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 8597253 F 67433451 POSTRETIREMENT BENEFIT 16842314 FEDERAL PERKINS LOANS 5252319 ANNUITIES PAYABLE 1355535 23450168 55228703 6985391 -48439146 -41453755 96682458 524928 -452802 72126 96754584 57655449 308673 308673 57346776 524928 49069935 49594863 106941639 PART III, LINE 1A: THE COLLEGE MAINTAINS A SUBSTANTIAL COLLECTION OF ARTWORK AND RARE BOOKS FOR EDUCATIONAL PURPOSES AND PUBLIC EXHIBITION. SCHEDULE D, PART III IS NOT COMPLETED BECAUSE THE COLLECTION IS NOT CAPITALIZED AND DOES NOT MEET THE DEFINITION UNDER ASC 958. PART III, LINE 4: THE COLLEGE MAINTAINS A SUBSTANTIAL COLLECTION OF ARTWORK AND RARE BOOKS FOR EDUCATIONAL PURPOSES AND PUBLIC EXHIBITION. SCHEDULE D, PART III IS NOT COMPLETED BECAUSE THE COLLECTION IS NOT CAPITALIZED AND DOES NOT MEET THE DEFINITION UNDER ASC 958 PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS PROVIDE SUPPORT FOR INSTRUCTION, ACADEMIC SUPPORT DEPARTMENTS, STUDENT SERVICES, INSTITUTIONAL SUPPORT DEPARTMENTS, PHYSICAL PLANT MAINTENANCE AND IMPROVEMENTS, PUBLIC SERVICE PROGRAMS AND SCHOLARSHIPS, AS WELL AS GENERAL OPERATING SUPPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT RETURN LESS AMOUNTS DESIGNATED FOR OPERATIONS 467,116. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 718,319. LOSS ON DISPOSAL OF FIXED ASSETS 9,932. FINANCIAL AID -49,070,176. PAYMENTS TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS -144,129. UNCOLLECTIBLE PLEDGES -420,208. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES -340,770. RENTAL PROPERTY EXPENSES -101,095. FUNDRAISING EXPENSES -10,937. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 340,770. RENTAL PROPERTY EXPENSES 101,095. FUNDRAISING EXPENSES 10,937. PAYMENTS TO BENEFICIARIES -144,129. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYEE RETIREMENT INCENTIVE PROGRAM -241. FINANCIAL AID 49,070,176. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT APPEARS IN THE COLLEGE CATALOG: "KALAMAZOO COLLEGE IS COMMITTED TO EQUAL RIGHTS, EQUAL OPPORTUNITITES, AND EQUAL PROTECTION UNDER THE LAW. THE COLLEGE ADMINISTERS ITS PROGRAMS, ACTIVITIES, AND SERVICES WITHOUT REGARD TO RACE, COLOR, RELIGION, AGE, SEX, NATIONAL ORIGIN, HEIGHT, WEIGHT, MARITAL STATUS, DISABILITY AS PROTECTED BY LAW, OR SEXUAL ORIENTATION. THE COLLEGE'S DEFINITION OF SEXUAL ORIENTATION PROSCRIBES DISCRIMINATION BASED ON A PERSON'S HETEROSEXUALITY, HOMOSEXUALITY, BISEXUALITY, OR GENDER IDENTITY, ACTUAL OR PRESUMED." KALAMAZOO COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM OUTSIDE THE KALAMAZOO COMMUNITY INCLUDING OTHER AREAS OF MICHIGAN, THE UNITED STATES, AND FOREIGN COUNTRIES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. PUBLICATION IS NOT A REQUIRED UNDER REV PROC 75-50, SECTION 4.03-2(B). SCHEDULE E, PART I, LINE 6 KALAMAZOO COLLEGE PARTICIPATES IN THE FOLLOWING CAMPUS-BASED FINANCIAL AID PROGRAMS: SEOG, FWSP, PERKINS (NDSL). IN ADDITION, STUDENTS FROM THE COLLEGE ARE RECIPIENTS OF PELL GRANTS, GUARANTEED STUDENT LOANS AND PARENT LOANS. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID IMPACT OF COVID-19 - ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS A PANDEMIC, NOW KNOWN AS COVID-19. IN RESPONSE TO THE COVID-19 PANDEMIC, GOVERNMENTS HAVE TAKEN PREVENTATIVE OR PROTECTIVE ACTIONS, SUCH AS TEMPORARY CLOSURES OF NON-ESSENTIAL BUSINESSES AND "SHELTER-AT-HOME" GUIDELINES FOR INDIVIDUALS. AS A RESULT, THE GLOBAL ECONOMY HAS BEEN NEGATIVELY AFFECTED, AND THE COLLEGE'S OPERATIONS HAVE ALSO BEEN IMPACTED. DUE TO THE "SHELTER-AT-HOME" GUIDELINES DURING APRIL AND MAY 2020, THE COLLEGE SHIFTED TO A REMOTE ONLINE LEARNING ENVIRONMENT AND ISSUED ROOM AND BOARD REFUNDS TO STUDENTS. THE COLLEGE ALSO HAD ANY LARGE ANCILLARY EVENTS CANCELLED OR TEMPORARILY POSTPONED UNTIL THE "SHELTER-AT-HOME" GUIDELINES WERE REDUCED OR REMOVED, WHICH RESULTED IN LOST REVENUES FOR THE COLLEGE FOR 2020. TO OFFSET THE FINANCIAL IMPACT TO STUDENTS AND THE LOSSES INCURRED BY THE COLLEGE DUE TO THE DISRUPTION CAUSED BY COVID-19, THE DEPARTMENT OF EDUCATION ISSUED HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) GRANTS UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. THE COLLEGE RECEIVED HEERF GRANTS TOTALING $1,178,454 FOR THE YEAR ENDED JUNE 30, 2020, OF WHICH 50 PERCENT WAS REQUIRED TO BE GIVEN DIRECTLY TO STUDENTS. THE SEVERITY OF THE CONTINUED IMPACT DUE TO COVID-19 ON THE COLLEGE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING, BUT NOT LIMITED TO, THE DURATION AND SEVERITY OF THE PANDEMIC AND THE EXTENT AND SEVERITY OF THE IMPACT ON THE COLLEGE'S COMMUNITY, ALL OF WHICH ARE UNCERTAIN AND CANNOT BE PREDICTED. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES HIGHER EDUCATION 265073 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROGRAM SERVICES HIGHER EDUCATION 972643 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 7 PROGRAM SERVICES HIGHER EDUCATION 1668134 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES HIGHER EDUCATION 44130 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES HIGHER EDUCATION 91875 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 2 PROGRAM SERVICES HIGHER EDUCATION 639062 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 3 PROGRAM SERVICES HIGHER EDUCATION 131856 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 39025715 0 13 0 0 0 13 42838488 0 42838488 SCHOLARSHIPS AND OTHER TUITION ASSISTANCE CENTRAL AMERICA AND THE CARIBBEAN 6 241500 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE EAST ASIA AND THE PACIFIC 53 1603128 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) 17 766219 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE MIDDLE EAST AND NORTH AFRICA 9 279358 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE NORTH AMERICA 10 431693 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE RUSSIA AND NEIGHBORING STATES 3 105803 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SOUTH AMERICA 3 158832 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SOUTH ASIA 5 145300 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SUB-SAHARAN AFRICA 7 358745 APPLIED AGAINST TUITION CHARGES CASH 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE THE COLLEGE INVESTS IN VARIOUS FOREIGN CORPORATIONS AND PARTNERSHIPS, BOTH DIRECTY AND THROUGH U.S. PARTNERSHIPS. HOWEVER, THE COLLEGE'S SHARE OF FOREIGN CORPORATION AND PARTNERSHIP INVESTMENTS DOES NOT EXCEED 10% AND THUS FORM 5471 OR FORM 8865 IS NOT REQUIRED. WHILE THESE INVESTMENTS MAY BE CONSIDERED PASSIVE FOREIGN INVESTMENT COMPANIES, THE COLLEGE IS NOT REQUIRED TO FILE FORM 8621 AS THE INVESTMENT INCOME IS NOT DEBT-FINANCED UNRELATED BUSINESS INCOME. THE COLLEGE FILES FORM 926 FOR TRANSFERS FOR FOREIGN CORPORATIONS DURING THE YEAR, BOTH DIRECTLY AND THROUGH U.S. PARTNERSHIPS WHEN CASH TRANSFERS EXCEED $100,000 OR WHEN OTHER TYPES OF ASSETS ARE TRANSFERRED. X X X X X X X 1 PHONATHON 140 PROFESSIONAL DR STE 2 CABOT AR 72023 PHONATHON 0 158640 67780 90860 158640 67780 90860 AK AL AZ CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SD TN UT VA WA WI WV ZORBO MEMORIAL FOOTBALL GOLF OUTING 22402 7445 14957 2386 828 2223 22402 7445 14957 2386 828 2223 5437 9520 83875 5500 1 1.00000 83875 5500 5500 78375 MI 1 0 1 0 1.00000 0.00000 ROBERT WILSON 1200 ACADEMY ST KALAMAZOO MI 49006 0 0 1 SCHOLARSHIPS 1456 44979439 SCHOLARSHIPS FOR GLCA STUDENTS 8 345600 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ESTABLISHED CRITERIA, INCLUDING DONOR RESTRICTIONS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 JORGE G GONZALEZ PRESIDENT 434590 0 0 0 1909 0 48396 0 41653 0 526548 0 0 0 ALBERT DESIMONE VP COLLEGE ADVANCEMENT 222924 0 0 0 762 0 23327 0 19137 0 266150 0 0 0 GREGORY DIMENT ASSOCIATE PROVOST IS 148414 0 0 0 258 0 15990 0 68193 0 232855 0 0 0 JAMES A LANGELAND PROFESSOR OF BIOLOGY 119950 0 0 0 258 0 12913 0 58027 0 191148 0 0 0 LISA BROCK ACADEMIC DIRECTOR, ARCUS CENTER FOR 157613 0 0 0 396 0 8790 0 21798 0 188597 0 0 0 SARAH WESTFALL VP STUDENT DEV/DEAN OF STUDENTS 160554 0 0 0 258 0 16700 0 8650 0 186162 0 0 0 PETER ERDI LUCE PROFESSOR OF COMPLEX SYSTEMS 126239 0 0 0 0 0 13808 0 19063 0 159110 0 0 0 CATHERINE BONNES INTERIM ASSISTANT TREASURER 120367 0 0 0 138 0 13167 0 22816 0 156488 0 0 0 PART I, LINE 1A THE PRESIDENT'S SPOUSE ATTENDS SEMINARS ON TOPICS RELATED TO NETWORKING AND FUNDRAISING AND WORKS WITH THE PRESIDENT IN ATTENDING FUNDRAISING EVENTS WITH ALUMNI DONORS. THE COSTS ARE REIMBURSED BUSINESS EXPENSES UNDER AN ACCOUNTABLE PLAN. THE PRESIDENT IS REQUIRED TO LIVE IN HOUSING PROVIDED ON CAMPUS. THE VALUE OF THIS HOUSING IS EXCLUDED FROM TAXABLE INCOME. PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WITH A REPORT AND RESOLUTIONS PROVIDED TO THE FULL BOARD FOR DELIBERATION. AS PART OF THIS PROCESS, THE PRESIDENT'S COMPENSATION IS COMPARED TO A COHORT OF SIMILAR INSTITUTIONS. THE RESULT OF THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE NOTES OF THE COMPENSATION COMMITTEE MEETING AND A STATEMENT OF A SALARY LETTER SENT TO THE PRESIDENT AND THE DIRECTOR OF HUMAN RESOURCES. SCHEDULE J, PART I, LINE 4 PRESIDENT GONZALEZ PARTICIPATED IN A SECTION 457(F) PLAN AND THE COLLEGE CONTRIBUTED $20,000 DURING CALENDAR YEAR 2019. A MICHIGAN FINANCE AUTHORITY 800596186 594479EFO 2018-07-11 44315000 REFUNDING 2011 BOND ISSUANCE & CONSTRUCT & EQUIP ATHLETICS FACILITIES 0 0 0 A 1560000 48090861 413159 9839047 29351214 8487441 1 0 0 1 A 0 0 1 1 0 0.00000 0.00500 0.00500 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 3 07/11/2018 $44,315,00 MICHIGAN FINANCE AUTHORITY - INCLUDES INVESTMENT EARNINGS OF $364,186. SUZANNE GONZALEZ SPOUSE OF PRESIDENT 35000 HONORARIUM 0 X 32 383283 AVG DAILY STOCK PRICE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 33: NONCASH CONTRIBUTIONS OF PERSONAL PROPERTY VALUED AT $5,000 OR LESS ARE NOT ENTERED OR CAPITALIZED. FORM 990, PART VI, SECTION B, LINE 11B THE FORMS 990 AND 990T ARE PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. A MEETING IS CONVENED WITH THE AUDIT COMMITTEE AND THE VICE PRESIDENT FOR BUSINESS AND FINANCE TO REVIEW AND DISCUSS THE FORMS 990 AND 990T. AFTER RECEIVING THE AUDIT COMMITTEE'S APPROVAL, THE FORMS 990 AND 990T ARE PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE SCHEDULE B SCHEDULE OF CONTRIBUTORS IS NOT PROVIDED TO THE AUDIT COMMITTEE OR THE BOARD IN ORDER TO MAINTAIN THE CONFIDENTIAL IDENTITY OF DONORS THAT WISH TO REMAIN ANONYMOUS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EVERY TRUSTEE AND OFFICER IN OCTOBER. EVERY RECIPIENT IS ASKED TO RETURN A DISCLOSURE FORM THAT DISCLOSES ANY POTENTIAL RELATIONSHIPS THAT MAY REPRESENT A CONFLICT OF INTEREST AND DISCLOSE ANY GIFTS OR LOANS FROM ENTITIES WITH WHICH THE COLLEGE HAS SIGNIFICANT BUSINESS DEALINGS. THE FORM ALSO ASKS TRUSTEES TO ACKNOWLEDGE THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND CONFIRM THAT THEY HAVE NO KNOWLEDGE OF ANY REAL OR POTENTIAL VIOLATIONS OF THE POLICY AND THAT THEY WILL REFRAIN FROM TAKING ANY UNFAIR ADVANTAGE OF ANY INFORMATION OBTAINED IN THEIR ROLE AS TRUSTEE OR OFFICER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WITH A REPORT AND RESOLUTIONS PROVIDED TO THE FULL BOARD FOR DELIBERATION. AS PART OF THIS PROCESS, THE PRESIDENT'S COMPENSATION IS COMPARED TO A COHORT OF SIMILAR INSTITUTIONS. THE RESULT OF THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE NOTES OF THE COMPENSATION COMMITTEE MEETING AND A STATEMENT OF SALARY LETTER SENT TO THE PRESIDENT AND THE DIRECTOR OF HUMAN RESOURCES. THE COMPENSATION OF THE COLLEGE OFFICERS IS DETERMINED ANNUALLY BY THE PRESIDENT AND COMPARED TO THE COMPENSATION OF SIMILARLY PLACED OFFICERS OF GREAT LAKES COLLEGES ASSOCIATION INSTITUTIONS. THE OFFICER COMPENSATION IS SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 KALAMAZOO COLLEGE IS ORGANIZED UNDER MICHIGAN STATUTE MCL SECTION 390.751 THROUGH 390.761. THE BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE BY REQUEST, POSTED ON THE COLLEGE'S WEBSITE AND MADE AVAILABLE IN THE COLLEGE LIBRARY. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT HEALTH BENEFIT LIABILITY -1,726,347. UNCOLLECTIBLE PLEDGES -420,208. GENEVIEVE U GILMORE ENDOWMENT FOR THE ARTS PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386470228 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12C, III-FI KALAMAZOO COLLEGE 1 DOROTHY HINKLEY HEYL IRREV CHARITABLE TRUST PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386572671 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12D, III-O KALAMAZOO COLLEGE 1 L LEE STRYKER MEMORIAL TRUST PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386385367 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12D, III-O KALAMAZOO COLLEGE 1 FW & ELSIE L HEYL SCIENCE SCHOLARSHIP FUND PNC BANK PO BOX 94651 CLEVELAND OH 44101 386194019 SCIENCE GRANTS MI 501(C)(3) LINE 12D, III-O N/A 0 GREAT LAKES COLLEGES ASSOCIATION INC 535 W WILLIAM ST STE 301 ANN ARBOR MI 48103 381678376 PROMOTE ADVANCEMENT IN HIGHER EDUCATION MI 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 GENEVIEVE U GILMORE ENDOWMENT FOR THE ARTS PNC BANK C 100996 CASH GRANT DOROTHY HINKLEY HEYL IRREV CHARITABLE TRUST PNC BANK C 153154 CASH GRANT L LEE STRYKER MEMORIAL TRUST PNC BANK C 108192 CASH GRANT FW & ELSIE L HEYL SCIENCE SCHOLARSHIP FUND PNC BANK C 2117993 CASH GRANT