HOBART AND WILLIAM SMITH COLLEGES: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HOBART AND WILLIAM SMITH COLLEGES (EIN 16-0743040)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2021-04-07
- IRS object ID
- 202140979349300204
- 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
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-07T08:13:16-05:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161131146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 SULLYS TRAIL | AddressLine1Txt |
| City | PITTSFORD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743040 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOBART AND WILLIAM SMITH COLLEGES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOBA | BusinessNameControlTxt |
| Phone | 3157813337 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 PULTENEY STREET | AddressLine1Txt |
| City | GENEVA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14456 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROLEE WHITE | PersonNm |
| Person Title | VP FOR FINANCE /CFO | PersonTitleTxt |
| Phone | 3157813337 | PhoneNum |
| Signature | 2021-04-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AIMEE JOZIC | PreparerPersonNm |
| PTIN | P01346943 | PTIN |
| Phone | 5853811000 | PhoneNum |
| 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 | MS JOYCE P JACOBSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 337 PULTENEY STREET | AddressLine1Txt |
| City | GENEVA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14456 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $173,867,931 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HWS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1943 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | HOBART AND WILLIAM SMITH COLLEGES HAVE A MISSION OF PROVIDING A STUDENT-CENTERED RESIDENTIAL LEARNING ENVIRONMENT GROUNDED IN THE VALUES OF EQUITY AND SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 2061 | TotalEmployeeCnt |
| Total Volunteers | 5039 | TotalVolunteersCnt |
| Total Gross UBI | $332,598 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,065,242 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,122,984 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $147,056,764 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $131,970,270 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$1,730,891 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,404,977 | CYInvestmentIncomeAmt |
| PY Other Revenue | $873,648 | PYOtherRevenueAmt |
| CY Other Revenue | $812,790 | CYOtherRevenueAmt |
| PY Total Revenue | $163,264,763 | PYTotalRevenueAmt |
| CY Total Revenue | $162,311,021 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $62,542,735 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $58,318,809 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $59,866,628 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $57,768,265 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,006,475 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $50,179,034 | PYOtherExpensesAmt |
| CY Other Expenses | $46,364,945 | CYOtherExpensesAmt |
| PY Total Expenses | $172,588,397 | PYTotalExpensesAmt |
| CY Total Expenses | $162,452,019 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,323,634 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$140,998 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $408,333,068 | TotalAssetsBOYAmt |
| Total Assets EOY | $410,660,089 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $84,307,994 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $87,768,923 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $324,025,074 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $322,891,166 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $141,631,102 | ExpenseAmt |
| Grant | $58,318,809 | GrantAmt |
| Revenue | $132,737,889 | RevenueAmt |
| Desc | SEE SCHEDULE O. | Desc |
| Total Program Service Expenses | $141,631,102 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 501 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2061 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MS CAROLEE WHITE | PersonNm |
| Phone | 3157813337 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 337 PULTENEY STREET | AddressLine1Txt |
| City | GENEVA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14456 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| FRANK ALOISE JR | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LINDA D ARRINGTON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS S BOZZUTO | |||||||||
| TRUSTEE/CHAIR | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| CASSANDRA NAYLOR BROOKS | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CALVIN R CARVER JR | |||||||||
| TRUSTEE/TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| DR STEPHEN L COHEN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD R COOPER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR JEREMY T CUSHMAN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATHERINE D ELLIOT | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JANE M ERICKSON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CYNTHIA GELSTHORPE FISH | |||||||||
| TRUSTEE/VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| EDENS D FLEURIZARD | |||||||||
| STUDENT TRUSTEE (BEG 7/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW L GAINES | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| AILEEN DIVINEY GLEASON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GIANNA GONZALEZ | |||||||||
| STUDENT TRUSTEE (BEG 7/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAMS C GREEN | |||||||||
| TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GAVIN R GROSS | |||||||||
| STUDENT TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN J HOGAN III | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOYCE P JACOBSEN | |||||||||
| PRESIDENT (BEG 7/19) | 50.00 | Yes (X) | $236,114 | $0 | $56,329 | Yes (X) | |||
| ALOYSEE HEREDIA JARMOSZUK | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CAITLIN E LASHER | |||||||||
| STUDENT TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATHERINE R MACKINNON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM A MARGILOFF | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| SCOTT J MASON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GARRETT A MATHIESON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| HERBERT J MCCOOEY JR | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GAIL HERMAN MCGINN | |||||||||
| TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW G MCMASTER JR | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALLISON MORROW | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR DEBORAH S PILLA | |||||||||
| TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS B POOLE | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL E RAWLINS | |||||||||
| TRUSTEE (BEG 7/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES B ROBINSON | |||||||||
| TRUSTEE/SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| THE RT REV PRINCE G SINGH | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ERIC J STEIN | |||||||||
| TRUSTEE (BEG 10/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH C STEIN III | |||||||||
| TRUSTEE (BEG 10/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| SAMUEL A STERN | |||||||||
| TRUSTEE (BEG 10/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG M STEVENS | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG R STINE | |||||||||
| TRUSTEE/VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| DR RICHARD L WASSERMAN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER S WELLES | |||||||||
| TRUSTEE (THROUGH 6/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM T WHITAKER JR | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| WARREN K ZOLA | |||||||||
| TRUSTEE (BEG 7/19) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CAROLEE WHITE | |||||||||
| VP FINANCE & ADMINISTRATION/CFO | 50.00 | $285,722 | $0 | $65,171 | Yes (X) | ||||
| PATRICK MCGUIRE | |||||||||
| INTERIM PRESIDENT (THRU 6/19) | 50.00 | $181,850 | $0 | $0 | Yes (X) | ||||
| LOUIS GUARD | |||||||||
| VP AND GENERAL COUNSEL | 50.00 | $163,819 | $0 | $16,948 | Yes (X) | ||||
| ROBERT FLOWERS | |||||||||
| VP OF CAMPUS LIFE | 50.00 | $215,353 | $0 | $45,365 | Yes (X) | ||||
| DEWAYNE LUCAS | |||||||||
| INTERIM PROVOST | 50.00 | $159,592 | $0 | $28,674 | Yes (X) | ||||
| ROBERT O'CONNOR | |||||||||
| VP INSTITUTIONAL ADVANCEMENT | 50.00 | $252,093 | $0 | $53,779 | Yes (X) | ||||
| ALFRED DAMIANO | |||||||||
| VP STRATEGIC INITIATIVES/CIO | 50.00 | $210,571 | $0 | $56,194 | Yes (X) | ||||
| LEILA RICE | |||||||||
| ASSOC. VP ADVANCEMENT | 50.00 | $236,589 | $0 | $37,881 | Yes (X) | ||||
| CATHERINE WILLIAMS | |||||||||
| VP MARKETING/COMMUNICATIONS | 50.00 | $201,025 | $0 | $28,578 | Yes (X) | ||||
| SONYA WILLIAMS | |||||||||
| VP HUMAN RESOURCES | 50.00 | $161,702 | $0 | $46,486 | Yes (X) | ||||
| GREG VINCENT | |||||||||
| FORMER PRESIDENT (THRU 4/18) | 0.00 | $138,561 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,442,991 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $435,405 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 75 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC AND AFFILIATES | |||||
| 337 PULTENEY STREET | GENEVA | NY | 14456 | DINING AND FACILITIES SERVICES | $15,651,355 |
| CLARK COMPANIES | |||||
| 41155 STATE HIGHWAY 10 | DELHI | NY | 13753 | CONSTRUCTION | $1,370,753 |
| ARTHUR J GALLAGHER RISK | |||||
| PO BOX 71965 | CHICAGO | IL | 60694 | CONSULTING | $522,238 |
| GALLAGHER STUDENT HEALTH & SPECIAL RISK | |||||
| PO BOX 95107 | CHICAGO | IL | 60694 | INSURANCE | $507,051 |
| ORACLE AMERICA | |||||
| PO BOX 203448 | DALLAS | TX | 75320 | SOFTWARE MAINTENANCE | $323,038 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 56 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,537,474 | GovernmentGrantsAmt |
| All Other Contributions | $15,585,510 | AllOtherContributionsAmt |
| Total Contributions | $19,122,984 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $113,168,884 | $113,168,884 |
| RESIDENCE HALLS | 721310 | $10,727,285 | $10,727,285 |
| DINING SERVICES | 722320 | $7,165,337 | $7,165,337 |
| OTHER PROGRAM SERVICE | 611600 | $908,764 | $908,764 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $131,970,270 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,182,600 | TotalRevenueColumnAmt |
| Exclusion | $2,182,600 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,770 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,336 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,434 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,434 | TotalRevenueColumnAmt |
| Exclusion | $5,434 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,776,951 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,554,574 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,222,377 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,222,377 | TotalRevenueColumnAmt |
| Exclusion | $8,222,377 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| CONFERENCES AND EVENTS | 900099 | $763,619 | $474,758 | $288,861 |
| SPORTS AND RECREATION | 713940 | $43,737 | $43,737 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $807,356 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $162,311,021 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $132,445,028 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $332,598 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,410,411 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,472 | TotalAmt |
| Program Services | $212,472 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,000,935 | TotalAmt |
| Program Services | $54,000,935 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,105,402 | TotalAmt |
| Program Services | $4,105,402 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,269,860 | TotalAmt |
| Program Services | $374,430 | ProgramServicesAmt |
| Management And General | $812,746 | ManagementAndGeneralAmt |
| Fundraising | $82,684 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,405 | TotalAmt |
| Program Services | $154,768 | ProgramServicesAmt |
| Fundraising | $48,637 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,698,678 | TotalAmt |
| Program Services | $33,747,670 | ProgramServicesAmt |
| Management And General | $5,613,499 | ManagementAndGeneralAmt |
| Fundraising | $2,337,509 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,497,791 | TotalAmt |
| Program Services | $2,777,112 | ProgramServicesAmt |
| Management And General | $520,654 | ManagementAndGeneralAmt |
| Fundraising | $200,025 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,017,022 | TotalAmt |
| Program Services | $6,365,208 | ProgramServicesAmt |
| Management And General | $1,193,353 | ManagementAndGeneralAmt |
| Fundraising | $458,461 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,081,509 | TotalAmt |
| Program Services | $2,446,600 | ProgramServicesAmt |
| Management And General | $458,690 | ManagementAndGeneralAmt |
| Fundraising | $176,219 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,211 | TotalAmt |
| Management And General | $545,211 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,019 | TotalAmt |
| Management And General | $417,019 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $683,827 | TotalAmt |
| Program Services | $152,651 | ProgramServicesAmt |
| Management And General | $531,176 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,126,010 | TotalAmt |
| Program Services | $7,325,790 | ProgramServicesAmt |
| Management And General | $1,756,857 | ManagementAndGeneralAmt |
| Fundraising | $43,363 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,698 | TotalAmt |
| Program Services | $57,424 | ProgramServicesAmt |
| Management And General | $17,008 | ManagementAndGeneralAmt |
| Fundraising | $266 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,712,021 | TotalAmt |
| Program Services | $1,077,326 | ProgramServicesAmt |
| Management And General | $442,974 | ManagementAndGeneralAmt |
| Fundraising | $191,721 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $993,035 | TotalAmt |
| Program Services | $378,615 | ProgramServicesAmt |
| Management And General | $599,235 | ManagementAndGeneralAmt |
| Fundraising | $15,185 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,194,885 | TotalAmt |
| Program Services | $11,272,452 | ProgramServicesAmt |
| Management And General | $756,198 | ManagementAndGeneralAmt |
| Fundraising | $166,235 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,669,110 | TotalAmt |
| Program Services | $1,341,166 | ProgramServicesAmt |
| Management And General | $224,161 | ManagementAndGeneralAmt |
| Fundraising | $103,783 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $893,629 | TotalAmt |
| Program Services | $716,736 | ProgramServicesAmt |
| Management And General | $80,465 | ManagementAndGeneralAmt |
| Fundraising | $96,428 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,623,665 | TotalAmt |
| Program Services | $2,452,905 | ProgramServicesAmt |
| Management And General | $170,760 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,057,294 | TotalAmt |
| Program Services | $6,749,192 | ProgramServicesAmt |
| Management And General | $308,102 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $974,581 | TotalAmt |
| Program Services | $27,819 | ProgramServicesAmt |
| Management And General | $946,762 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MISC GLOBAL ED | $3,488,663 | $3,488,663 |
| MISC ATHLETICS | $1,533,148 | $1,533,148 |
| MISC LIBRARY | $380,925 | $380,925 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,997,224 | TotalAmt |
| Program Services | $491,693 | ProgramServicesAmt |
| Management And General | $1,419,572 | ManagementAndGeneralAmt |
| Fundraising | $85,959 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,452,019 | TotalAmt |
| Program Services | $141,631,102 | ProgramServicesAmt |
| Management And General | $16,814,442 | ManagementAndGeneralAmt |
| Fundraising | $4,006,475 | FundraisingAmt |
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 | $7,879,216 | BOYAmt |
| EOY | $18,337,261 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,719,928 | BOYAmt |
| EOY | $4,422,125 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $993,162 | BOYAmt |
| EOY | $1,662,211 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,649,007 | BOYAmt |
| EOY | $2,370,007 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,889 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,261,872 | BOYAmt |
| EOY | $1,851,582 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $313,878,807 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $155,274,155 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,066,654 | BOYAmt |
| EOY | $158,604,652 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,837,646 | BOYAmt |
| EOY | $136,727,980 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,708,850 | BOYAmt |
| EOY | $83,784,442 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,210,844 | BOYAmt |
| EOY | $2,899,829 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $408,333,068 | BOYAmt |
| EOY | $410,660,089 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,337,461 | BOYAmt |
| EOY | $10,267,527 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,435 | BOYAmt |
| EOY | $4,494 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,619,046 | BOYAmt |
| EOY | $6,599,329 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,232,460 | BOYAmt |
| EOY | $56,760,790 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,167,000 | BOYAmt |
| EOY | $925,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,724,592 | BOYAmt |
| EOY | $13,211,283 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,307,994 | BOYAmt |
| EOY | $87,768,923 | 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 | $118,442,414 | BOYAmt |
| EOY | $126,000,838 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,582,660 | BOYAmt |
| EOY | $196,890,328 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,025,074 | BOYAmt |
| EOY | $322,891,166 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $408,333,068 | BOYAmt |
| EOY | $410,660,089 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$140,998 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,373,234 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $3,380,324 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,853,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,503,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,373,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,065,242 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,122,984 | CurrentTaxYearAmt |
| Total | $79,919,343 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,853,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,503,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,373,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,065,242 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,122,984 | CurrentTaxYearAmt |
| Total | $79,919,343 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,856,582 | SubstantialContributorsTotAmt |
| Public Support Total170 | $69,062,761 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,453,801 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,055,533 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,912,540 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,573,945 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,651,424 | CurrentTaxYearAmt |
| Total | $15,647,243 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $272,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $379,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $358,748 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $297,058 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $332,598 | CurrentTaxYearAmt |
| Total | $1,640,176 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $97,206,762 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $699,912,399 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71050 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71350 | 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) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Media Advertisements | $0 | MediaAdvertisementsAmt |
| Mailings Members | 0 | MailingsMembersInd |
| Mailings Members | $0 | MailingsMembersAmt |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Publications Or Broadcast | $0 | PublicationsOrBroadcastAmt |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $0 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Direct Contact Legislators | $0 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Rallies Demonstrations | $0 | RalliesDemonstrationsAmt |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $0 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $0 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGES DO NOT DIRECTLY ENGAGE IN LOBBYING ACTIVITY. HOWEVER, A PORTION OF THE DUES PAID TO PROFESSIONAL ORGANIZATIONS IS DESIGNATED FOR LOBBYING BY SUCH PROFESSIONAL ORGANIZATIONS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $2,511,050 | RevenuesIncludedAmt |
| Assets Included | $7,733,080 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $209,690,877 | BeginningYearBalanceAmt |
| Contributions | $4,879,991 | ContributionsAmt |
| Investment Earnings Or Losses | $5,938,777 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,696,569 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,931,030 | OtherExpendituresAmt |
| Administrative Expenses | $231,894 | AdministrativeExpensesAmt |
| End Year Balance | $204,650,152 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $214,347,520 | BeginningYearBalanceAmt |
| Contributions | $2,535,610 | ContributionsAmt |
| Investment Earnings Or Losses | $3,499,874 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,740,502 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,608,505 | OtherExpendituresAmt |
| Administrative Expenses | $343,120 | AdministrativeExpensesAmt |
| End Year Balance | $209,690,877 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $198,893,217 | BeginningYearBalanceAmt |
| Contributions | $4,203,389 | ContributionsAmt |
| Investment Earnings Or Losses | $22,232,760 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,562,068 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,639,788 | OtherExpendituresAmt |
| Administrative Expenses | -$220,010 | AdministrativeExpensesAmt |
| End Year Balance | $214,347,520 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $175,006,996 | BeginningYearBalanceAmt |
| Contributions | $3,656,971 | ContributionsAmt |
| Investment Earnings Or Losses | $29,647,633 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,045,770 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,634,758 | OtherExpendituresAmt |
| Administrative Expenses | -$262,145 | AdministrativeExpensesAmt |
| End Year Balance | $198,893,217 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $199,977,634 | BeginningYearBalanceAmt |
| Contributions | $2,945,915 | ContributionsAmt |
| Investment Earnings Or Losses | -$9,722,815 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,322,255 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,625,457 | OtherExpendituresAmt |
| Administrative Expenses | $9,246,026 | AdministrativeExpensesAmt |
| End Year Balance | $175,006,996 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.14000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.70000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,566,190 | OtherCostOrOtherBasisAmt |
| Book Value | $3,566,190 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $208,818,573 | OtherCostOrOtherBasisAmt |
| Depreciation | $84,246,961 | DepreciationAmt |
| Book Value | $124,571,612 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $56,015,953 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,830,498 | DepreciationAmt |
| Book Value | $10,185,455 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,478,091 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,196,696 | DepreciationAmt |
| Book Value | $20,281,395 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $158,604,652 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $83,784,442 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $83,784,442 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES FROM GOVERNMENT LOAN PROGRAMS | $1,863,092 |
| ASSET RETIREMENT OBLIGATIONS | $3,007,234 |
| FAIR VALUE OF SWAP AGREEMENTS | $6,928,959 |
| DEFERRED GIVING OBLIGATIONS | $1,411,998 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,211,283 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $98,373,979 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,373,234 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$59,034,968 | OtherRevenueAmt |
| Revenue Not Reported | -$63,408,202 | RevenueNotReportedAmt |
| Revenue Subtotal | $161,782,181 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $531,176 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$2,336 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $528,840 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $162,311,021 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $103,816,842 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,336 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,336 | ExpensesNotReportedAmt |
| Expenses Subtotal | $103,814,506 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $531,176 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $58,106,337 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $58,637,513 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $162,452,019 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | HOBART AND WILLIAM SMITH COLLEGES MAINTAIN COLLECTIONS THAT CONSIST OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF THE COLLEGES' EXEMPT PURPOSE. THESE ITEMS ARE PROTECTED AND PRESERVED, AND PROCEEDS FROM SALES (IF SALES ARE PERMITTED) ARE USED TO ACQUIRE ADDITIONAL COLLECTION ITEMS. |
| PART V, LINE 4: | THE ENDOWMENT OF HOBART AND WILLIAM SMITH COLLEGES PROVIDES ANNUAL SUPPORT FOR SCHOLARSHIPS, PROGRAM AND STUDENT SUPPORT, FACULTY SUPPORT, CAPITAL PROJECTS, AND GENERAL OPERATING PURPOSES OF THE COLLEGES IN ACCORDANCE WITH DONOR RESTRICTIONS OR ACTIONS TAKEN BY THE BOARD OF TRUSTEES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS - $(58,106,337) OTHER LOSSES - $(337,275) CHANGE IN FAIR VALUE OF SWAP AGREEMENT - $(903,530) CHANGE IN VALUE OF DEFERRED GIVING - $312,174 |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES - $(2,336) |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES - $2,336 |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS - $58,106,337 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | HOBART AND WILLIAM SMITH COLLEGES HAVE PUBLICIZED OUR RACIALLY NONDISCRIMINATORY POLICY IN ALL OUR SOLICITATIONS FOR STUDENTS. APPLICANTS ARE RECRUITED THROUGH THE USE OF DIRECT MAIL AND ELECTRONIC DOCUMENTS, GENERAL COLLEGE PUBLICATIONS FREELY ACCESSIBLE TO THE COMMUNITY, ADVERTISEMENTS IN REGIONAL AND GENERAL INTEREST PUBLICATIONS AND THE COLLEGES' WEBSITE WWW.HWS.EDU. |
| SCHEDULE E, PART I, LINE 6 | HOBART AND WILLIAM SMITH COLLEGES RECEIVE STATE AND FEDERAL FUNDING IN RELATION TO STUDENT FINANCIAL ASSISTANCE, RESEARCH AND DEVELOPMENT, AND OTHER EDUCATION RELATED FUNCTIONS ALL USED TO FULFILL THE MISSION OF THE COLLEGES. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (16 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 4 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $10,709 |
| EAST ASIA AND THE PACIFIC | 0 | 10 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $9,414 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 39 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $53,676 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 10 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $25,137 |
| NORTH AMERICA | 0 | 1 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $489 |
| RUSSIA AND NEIGHBORING STATES | 0 | 4 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $5,153 |
| SOUTH ASIA | 0 | 4 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $6,069 |
| SUB-SAHARAN AFRICA | 0 | 5 | PROGRAM SERVICES | INTERNATIONAL EDUCATION AND RESEARCH | $3,150 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $36,358 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $1,050,823 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $2,880,990 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $58,250 |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $18,500 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTMAKING | SCHOLARSHIPS | $60,481 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | INVESTMENTS | $49,351,436 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | INVESTMENTS | INVESTMENTS | $7,976,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 77 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 77 | TotalEmployeeCnt |
| Subtotal Spent | $113,797 | SubtotalSpentAmt |
| Continuation Spent | $61,433,508 | ContinuationSpentAmt |
| Total Spent | $61,547,305 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | CENTRAL AMERICA AND THE CARIBBEAN | 2 | $36,358 | ACCT. CREDIT |
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | EAST ASIA AND THE PACIFIC | 65 | $1,050,823 | ACCT. CREDIT |
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | EUROPE (INCLUDING ICELAND & GREENLAND) | 174 | $2,880,990 | ACCT. CREDIT |
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | MIDDLE EAST AND NORTH AFRICA | 4 | $58,250 | ACCT. CREDIT |
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | RUSSIA AND NEIGHBORING STATES | 2 | $18,500 | ACCT. CREDIT |
| SCHOLARSHIPS/US CITIZENS STUDYING ABROAD | SUB-SAHARAN AFRICA | 3 | $60,481 | ACCT. CREDIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | HOBART AND WILLIAM SMITH COLLEGES OFFER GRANTS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED AND/OR ACADEMIC ACHIEVEMENT. STUDENTS AND THEIR FAMILIES SUBMIT STANDARDIZED APPLICATION MATERIALS TO THE OFFICE OF FINANCIAL AID, WHICH OVERSEES THE PROCESS OF AWARDING SUCH GRANTS. ELIGIBILITY CRITERIA FOR THE VARIOUS GRANTS IS ESTABLISHED BY THE COLLEGES. THE COLLEGES CREDIT THE TUITION ACCOUNTS OF THE STUDENTS WHO ARE AWARDED FINANCIAL AID GRANTS. |
| PART I, LINE 3: | EXPENDITURES ARE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CITY OF GENEVA | |||||||
| 47 CASTLE STREET | GENEVA | NY | 14456 | 166002543 | GOV'T | $187,472 | CONTRIBUTION |
| FINGER LAKES HEALTH | |||||||
| 196 NORTH STREET | GENEVA | NY | 14456 | 150549310 | 501(C)(3) | $5,000 | CONTRIBUTION |
| GENEVA FIREMATICS COMMITTEE | |||||||
| PO BOX 911 | GENEVA | NY | 14456 | 161057736 | 501(C)(3) | $20,000 | CONTRIBUTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1637 | RecipientCnt |
| Cash Grant | $54,000,935 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART 1, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE COLLEGES PROVIDE FUNDING TO CHARITABLE ORGANIZATIONS AS WELL AS LOCAL GOVERNMENTS THAT SUPPORT THE COMMUNITY IN WHICH THE COLLEGES OPERATE. THE AMOUNTS PROVIDED ARE USED BY THE RECIPIENT ORGANIZATIONS TO FURTHER THEIR MISSION AND DO NOT REQUIRE ANY MONITORING. HOBART AND WILLIAM SMITH COLLEGES OFFER GRANTS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED AND/OR ACADEMIC ACHIEVEMENT. STUDENTS AND THEIR FAMILIES SUBMIT STANDARDIZED APPLICATION MATERIALS TO THE OFFICE OF FINANCIAL AID, WHICH OVERSEES THE PROCESS OF AWARDING SUCH GRANTS. ELIGIBILITY CRITERIA FOR THE VARIOUS GRANTS IS ESTABLISHED BY THE COLLEGES. THE COLLEGES CREDIT THE TUITION ACCOUNTS OF THE STUDENTS WHO ARE AWARDED FINANCIAL AID GRANTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOYCE P JACOBSEN | ||||||||||||||
| PRESIDENT (BEG 7/19) | $210,000 | $0 | $0 | $0 | $26,114 | $0 | $10,500 | $0 | $45,829 | $0 | $292,443 | $0 | $0 | $0 |
| CAROLEE WHITE | ||||||||||||||
| VP FINANCE & ADMINISTRATION/CFO | $263,480 | $0 | $0 | $0 | $22,242 | $0 | $27,281 | $0 | $37,890 | $0 | $350,893 | $0 | $0 | $0 |
| PATRICK MCGUIRE | ||||||||||||||
| INTERIM PRESIDENT (THRU 6/19) | $170,000 | $0 | $11,850 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $181,850 | $0 | $0 | $0 |
| LOUIS GUARD | ||||||||||||||
| VP AND GENERAL COUNSEL | $163,720 | $0 | $0 | $0 | $99 | $0 | $16,272 | $0 | $676 | $0 | $180,767 | $0 | $0 | $0 |
| ROBERT FLOWERS | ||||||||||||||
| VP OF CAMPUS LIFE | $214,939 | $0 | $0 | $0 | $414 | $0 | $21,683 | $0 | $23,682 | $0 | $260,718 | $0 | $0 | $0 |
| DEWAYNE LUCAS | ||||||||||||||
| INTERIM PROVOST | $159,388 | $0 | $0 | $0 | $204 | $0 | $16,272 | $0 | $12,402 | $0 | $188,266 | $0 | $0 | $0 |
| ROBERT O'CONNOR | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $251,679 | $0 | $0 | $0 | $414 | $0 | $25,674 | $0 | $28,105 | $0 | $305,872 | $0 | $0 | $0 |
| ALFRED DAMIANO | ||||||||||||||
| VP STRATEGIC INITIATIVES/CIO | $209,797 | $0 | $0 | $0 | $774 | $0 | $21,700 | $0 | $34,494 | $0 | $266,765 | $0 | $0 | $0 |
| LEILA RICE | ||||||||||||||
| ASSOC. VP ADVANCEMENT | $153,785 | $0 | $0 | $0 | $82,804 | $0 | $15,278 | $0 | $22,603 | $0 | $274,470 | $0 | $0 | $0 |
| CATHERINE WILLIAMS | ||||||||||||||
| VP MARKETING/COMMUNICATIONS | $200,772 | $0 | $0 | $0 | $253 | $0 | $20,139 | $0 | $8,439 | $0 | $229,603 | $0 | $0 | $0 |
| SONYA WILLIAMS | ||||||||||||||
| VP HUMAN RESOURCES | $145,371 | $0 | $0 | $0 | $16,331 | $0 | $15,411 | $0 | $31,075 | $0 | $208,188 | $0 | $0 | $0 |
| GREG VINCENT | ||||||||||||||
| FORMER PRESIDENT (THRU 4/18) | $0 | $0 | $0 | $0 | $138,561 | $0 | $0 | $0 | $0 | $0 | $138,561 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: | DURING CALENDAR YEAR 2019, PRESIDENT JOYCE JACOBSEN WAS PROVIDED HOUSING AS A CONDITION OF HER EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGES. THE FAIR MARKET VALUE OF THE HOUSING ALLOWANCE AND PERSONAL MAID SERVICES ARE INCLUDED AS A NON-TAXABLE BENEFIT IN SCHEDULE J, COLUMN (D). |
| SCHEDULE J, PART I, LINE 4A | FORMER PRESIDENT GREGORY VINCENT RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $138,561. THIS AMOUNT HAS BEEN INCLUDED IN THE COMPENSATION REPORTED ON SCHEDULE J, PART II, COLUMN B(III). |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CITY OF GENEVA INDUS DEV AG MULTI (SERIES 2007) | ||||||||
| A | 161266095 | 372175BT5 | 2007-12-12 | $31,250,000 | CAPITAL PROJECTS | 0 | 0 | 0 |
| CITY OF GENEVA DEV CORP REVENUE (SERIES 2012) | ||||||||
| B | 800820946 | 37217PAQ8 | 2012-06-28 | $29,942,818 | REFUNDING OF SERIES 2001 AND 2003 | 0 | 0 | 0 |
| CITY OF GENEVA DEV CORP REVENUE (SERIES 2014) | ||||||||
| C | 800820946 | 37217PBN4 | 2014-03-20 | $15,416,105 | CAPITAL PROJECTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $8,100,000 | $31,250,000 | $475,688 | $357,585 | $29,974,498 | $442,229 | 2011 | 0 | 0 | Yes (1) | Yes (1) |
| B | $8,080,000 | $29,942,818 | $435,838 | $29,506,980 | 2013 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | ||
| C | $1,205,000 | $15,416,105 | $308,322 | $15,000,570 | $107,213 | 2016 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.01860 | 0.01860 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.00450 | 0.00450 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RBC CAPITAL MARKETS | ||||||||||||
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 30.000000000000 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART 1, LINE C, COLUMN (C) | THE CITY OF GENEVA DEVELOPMENT CORP. REVENUE (SERIES 2014) BOND ISSUE HAS TWO ASSOCIATED CUSIP NUMBERS: 37217PBN4 & 37217PBP9. |
| PART II, LINE 11: OTHER SPENT PROCEEDS | COL A - $442,229 NYS BOND ISSUANCE CHARGE, ISSUER ADMINISTRATIVE FEE PER FORM 8038 COL B - $192,204 ISSUER ADMINISTRATIVE FEE PER FORM 8038 - $29,314,776 WAS USED TO REFUND PRIOR BOND ISSUES COL C - $107,313 ISSUER ADMINISTRATIVE FEE PER FORM 8038 |
| PART IV, QUESTION 2B AND 2C | COL A - ALL FUNDS IN THE 2007 SERIES MET THE SPEND DOWN EXCEPTION. COL B - ALL FUNDS IN THE 2012 SERIES MET THE SPEND DOWN EXCEPTION. COL C - THE 2014 SERIES REBATE CALCULATION WAS PERFORMED ON 6/24/2016 AND NO REBATE WAS DUE. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KATHLEEN FLOWERS | |||
| SPOUSE OF KEY EMPLOYEE | $75,658 | EMPLOYEE OF THE COLLEGES | 0 |
| SUSAN CUSHMAN | |||
| SPOUSE OF TRUSTEE | $79,110 | EMPLOYEE OF THE COLLEGES | 0 |
| MICHAEL GUARD | |||
| SIBLING OF OFFICER | $48,637 | EMPLOYEE OF THE COLLEGES | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,786,281 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OR APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 56 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,341,474 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 4 | $12,515 | FMV |
| Yes (X) | EQUIPMENT | 3 | $6,532 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | HOBART AND WILLIAM SMITH COLLEGES HAVE AN AGREEMENT IN PLACE WITH A SECURITY BROKER TO PROCESS AND SELL STOCK GIFTS AS SOON AS THEY ARE RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | THE COLLEGES ARE LOCATED AT THE SHORE OF SENECA LAKE ON A 320-ACRE CAMPUS IN GENEVA, NY, THE HEART OF THE FINGER LAKES REGION. HOBART AND WILLIAM SMITH HAVE A COMBINED ENROLLMENT OF APPROXIMATELY 2,000 STUDENTS, AND 200 FULL-TIME FACULTY LINES MAINTAINING A DESIRED 10:1 STUDENT FACULTY RATIO YEAR OVER YEAR. MORE THAN 46 MAJORS AND 66 MINORS ARE OFFERED, WHERE A STUDENT CAN OBTAIN A BACHELOR OF ARTS, BACHELOR OF SCIENCE, OR A MASTER OF ARTS IN TEACHING DEGREE. A RICH INTERDICIPLINARY PROGRAM AND LIMITLESS OPPORTUNITIES FOR SELF-DISCOVERY ARE HALLMARKS OF ACADEMICS AT THE COLLEGES. HOBART AND WILLIAM SMITH COLLEGES ARE ALSO NOTED FOR AN AMBITIOUS EMPHASIS ON INTERNATIONAL STUDY AND FOR PROGRAMS IN COMMUNITY ENGAGEMENT AND SERVICE-LEARNING. APPROXIMATELY 60-PERCENT OF HOBART AND WILLIAM SMITH STUDENTS HAVE THE OPPORTUNITY TO STUDY ABROAD IN NEARLY 50 LOCATIONS AROUND THE WORLD. THE COLLEGES VIEW CIVIC RESPONSIBILITY, COMMUNITY ENGAGEMENT, AND INTERNATIONAL EDUCATION AS INTEGRAL COMPONENTS OF A LIBERAL ARTS EDUCATION. |
| FORM 990, PART III, LINE 1 | HOBART AND WILLIAM SMITH COLLEGES HAVE A MISSION OF PROVIDING A STUDENT-CENTERED RESIDENTIAL LEARNING ENVIRONMENT GROUNDED IN THE VALUES OF EQUITY AND SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE FORM IS REVIEWED AND CORRECTIONS OR CHANGES ARE MADE AS NECESSARY. A FINAL FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD BEFORE FILING IT WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST ON A DISCLOSURE STATEMENT. AT THIS TIME A RIGOROUS PROCESS OF REVIEWING THE DISCLOSURES IS UNDERTAKEN BY THE ASSISTANT SECRETARY AND CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES TO ENSURE CONFLICTS ARE IDENTIFIED AND RESOLVED IN A TIMELY MANNER. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (OMITTING THE PRESIDENT FOR THIS PURPOSE) IS COMPRISED OF MEMBERS WITHOUT A CONFLICT OF INTEREST. THIS COMMITTEE REVIEWS THE COMPENSATION FOR THE PRESIDENT. AN ANNUAL PROCESS OF ASSESSING THE PRESIDENT'S PERFORMANCE AND REVIEWING COMPARATIVE COMPENSATION DATA IS PERFORMED IN ORDER TO RECOMMEND COMPENSATION CHANGES. A MOTION TO BE APPROVED BY THE FULL BOARD IS DRAFTED BY THE EXECUTIVE COMMITTEE AFTER THE REVIEW PROCESS. THE DISCUSSIONS OF THE COMMITTEE AND FULL BOARD ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. THE COLLEGES MEET THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. |
| FORM 990, PART VI, SECTION C, LINE 19 | HOBART AND WILLIAM SMITH COLLEGES MAKE THEIR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGES' WEBSITE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN ACCOUNTING PRINCIPLE 4,308,955. CHANGE IN FAIR VALUE OF SWAP AGREEMENT -903,530. OTHER LOSSES -337,275. CHANGE IN VALUE OF DEFERRED GIVING 312,174. |
| PART XII, LINE 2C | NO CHANGES FROM THE PRIOR YEAR. |