LAFAYETTE COLLEGE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: LAFAYETTE COLLEGE (EIN 24-0795686)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-04-20
IRS object ID: 202141109349300604
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 G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-20T07:57:39-05:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 S 6TH STREET SUITE 300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	240795686	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	LAFA	BusinessNameControlTxt
Phone	6103305136	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	730 SULLIVAN ROAD 030 MARQUIS HALL	AddressLine1Txt
City	EASTON	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	180421778	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANDREA BOHN	PersonNm
Person Title	ASSISTANT VP AND CONTROLLER	PersonTitleTxt
Phone	6103303208	PhoneNum
Signature	2021-04-19	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KAREN GRIES	PreparerPersonNm
PTIN	P00078514	PTIN
Phone	6123764500	PhoneNum
Preparation	2021-04-19	PreparationDt

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR ALISON BYERLY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	730 SULLIVAN ROAD 030 MARQUIS HALL	AddressLine1Txt
City	EASTON	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	180421778	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$969,424,566	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LAFAYETTE.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1826	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	PROVISION OF EDUCATIONAL SERVICES AS AN ACCREDITED FOUR-YEAR UNDERGRADUATE COLLEGE.	ActivityOrMissionDesc
Voting Members Governing Body	35	VotingMembersGoverningBodyCnt
Voting Members Independent	34	VotingMembersIndependentCnt
Total Employee	2628	TotalEmployeeCnt
Total Volunteers	3527	TotalVolunteersCnt
Total Gross UBI	-$159,686	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$31,281,134	PYContributionsGrantsAmt
CY Contributions Grants	$20,135,118	CYContributionsGrantsAmt
PY Program Service Revenue	$174,963,552	PYProgramServiceRevenueAmt
CY Program Service Revenue	$175,394,687	CYProgramServiceRevenueAmt
PY Investment Income	$24,186,162	PYInvestmentIncomeAmt
CY Investment Income	$29,775,451	CYInvestmentIncomeAmt
PY Other Revenue	$4,250,746	PYOtherRevenueAmt
CY Other Revenue	$3,155,084	CYOtherRevenueAmt
PY Total Revenue	$234,681,594	PYTotalRevenueAmt
CY Total Revenue	$228,460,340	CYTotalRevenueAmt
PY Grants And Similar Paid	$52,048,794	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$56,678,768	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$94,698,185	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$96,397,351	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$257,388	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$163,391	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,616,490	CYTotalFundraisingExpenseAmt
PY Other Expenses	$82,791,114	PYOtherExpensesAmt
CY Other Expenses	$75,351,386	CYOtherExpensesAmt
PY Total Expenses	$229,795,481	PYTotalExpensesAmt
CY Total Expenses	$228,590,896	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,886,113	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$130,556	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,387,145,011	TotalAssetsBOYAmt
Total Assets EOY	$1,381,563,896	TotalAssetsEOYAmt
Total Liabilities BOY	$385,773,860	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$376,262,651	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,001,371,151	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,005,301,245	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	$164,767,590	ExpenseAmt
Grant	$56,678,767	GrantAmt
Revenue	$146,577,636	RevenueAmt
Desc	LAFAYETTE COLLEGE IS A LIBERAL ARTS COLLEGE OFFERING BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN FOUR DISCIPLINES IN HUMANITIES, ENGINEERING, NATURAL SCIENCES, AND SOCIAL SCIENCES. IN FALL 2019, THE 2,633 FULL-TIME STUDENTS CAME FROM 31 STATES AND 27 COUNTRIES. THE STUDENT-TO-FACULTY RATIO AT THE COLLEGE IS APPROXIMATELY 10 TO 1. 240 OF THE 243 FULL-TIME FACULTY HOLD A DOCTORATE OR OTHER TERMINAL DEGREE. APPROXIMATELY 47% OF THE STUDENTS ATTENDING LAFAYETTE COLLEGE RECEIVE FINANCIAL ASSISTANCE. 642 STUDENTS WERE AWARDED AN UNDERGRADUATE DEGREE. LAFAYETTE COLLEGE HAS A FOUR-YEAR GRADUATION RATE OF 84% AND SIX-YEAR GRADUATION RATE OF 88%. APPROXIMATELY 97% OF THE COLLEGE'S GRADUATES WERE EMPLOYED, IN GRADUATE SCHOOL, OR SECURED INTERNSHIPS WITHIN 6 MONTHS AFTER GRADUATION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$30,218,000	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$28,817,051	RevenueAmt
Desc	AS A RESIDENTIAL COLLEGE, LAFAYETTE STUDENTS COMPLEMENT THEIR ACADEMIC SCHOLARSHIP WITH A MYRIAD OF OPPORTUNITIES TO CONNECT WITH ONE ANOTHER AND LEARN FROM THE LARGE WORLD REPRESENTED ON THE COLLEGE'S CAMPUS. AS PART OF THEIR EXPERIENCE AT A RESIDENTIAL COLLEGE, LAFAYETTE STUDENTS ARE DEEPLY ENGAGED ACADEMICALLY AND HAVE SIGNIFICANT OPPORTUNITIES TO ENGAGE IN A VAST OFFERING OF EXTRACURRICULAR AND CO-CURRICULAR POSSIBILITIES. LAFAYETTE COLLEGE OFFERS MORE THAN 250 STUDENT CLUBS AND ORGANIZATIONS, 23 NCAA DIVISION 1 ATHLETIC PROGRAMS, AND NUMEROUS EXPERIENCES IN THE FINE ARTS AND PERFORMING ARTS ALL OF WHICH ARE COMPLEMENTED BY A STRONG STUDENT LIFE PROGRAM THAT ENHANCES THE LAFAYETTE EXPERIENCE BEYOND THE CLASSROOM.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$194,985,590	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	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	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	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	4189	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	2628	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	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	35	GoverningBodyVotingMembersCnt
Independent Voting Member	34	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	CRAIG BECKER	PersonNm
Phone	6103305957	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	730 SULLIVAN ROAD 030 MARQUIS HALL	AddressLine1Txt
City	EASTON	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	180421798	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd
ALISON R BYERLY
PRESIDENT	50.00	Yes (X)	Yes (X)	$816,569	$0	$100,911
JOSEPH S BOHRER
CHIEF INVESTMENT OFFICER	50.00		Yes (X)	$516,641	$0	$37,178
ROGER A DEMARESKI
VP OF FINANCE & ADMINISTRATION/TREASURER	50.00		Yes (X)	$476,875	$0	$50,491
SAIYID A RIZVI
PROVOST	50.00		Yes (X)	$454,081	$0	$48,894
MERVIN A BURTON
DIRECTOR OF INVESTMENTS	50.00			$425,830	$0	$32,048	Yes (X)
LESLIE F MUHLFELDER
VP OF HUMAN RESOURCES & GENERAL COUNSEL	50.00		Yes (X)	$348,835	$0	$78,530
KIMBERLY A SPANG
VP OF DEVELOPMENT & COLLEGE RELATIONS	50.00		Yes (X)	$360,966	$0	$60,753
GREGORY V MACDONALD
VP OF ENROLLMENT MANAGEMENT	50.00		Yes (X)	$266,703	$0	$151,542
CRAIG BECKER
ASSOC VP FOR FINANCE, PLANNING & CAPITAL BUDGET	50.00			$284,410	$0	$49,134		Yes (X)
LI ZHAO
INVESTMENT ASSOCIATE	50.00			$278,884	$0	$30,276	Yes (X)
BRUCE A MURPHY
KIRBY PROFESSOR OF GOVERNMENT & LAW	50.00			$258,518	$0	$46,312	Yes (X)
JOHN E MEIER
PROVOST	50.00		Yes (X)	$268,394	$0	$32,226
FRANCIS B O'HANLON
HEAD MEN'S BASKETBALL COACH	50.00			$253,413	$0	$46,593	Yes (X)
JOHN KINCAID
PROFESSOR/DIRECTOR OF MEYNER CENTER	50.00			$248,567	$0	$34,571	Yes (X)
JOHN L O'KEEFE
VP & CHIEF INFORMATION OFFICER	50.00		Yes (X)	$233,069	$0	$43,523
ANNETTE DIORIO
VP OF CAMPUS LIFE/SR. DIVERSITY OFFICER	50.00		Yes (X)	$231,455	$0	$32,647
MARK EYERLY
VP FOR MARKETING & COMMUNICATIONS	50.00		Yes (X)	$221,991	$0	$40,798
ALMA SCOTT-BUCZAK
ASSOC VP FOR HUMAN RESOURCES	50.00			$200,306	$0	$34,212		Yes (X)
ROBERT E SELL
CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
LINDA ASSANTE CARRASCO
VICE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
ANGEL L MENDEZ
SECRETARY	5.00	Yes (X)	Yes (X)	$0	$0	$0
EDWARD W AHART
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
SAMUEL R CHAPIN
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
ANTONIO F FERNANDEZ
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
SUSAN L FOX
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
LEO A HELMERS
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
NANCY J KUENSTNER
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
BARBARA LEVY
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
JUDSON C LINVILLE
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
PAMELA S PASSMAN
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
JB REILLY
EXECUTIVE COMMITTEE	3.00	Yes (X)		$0	$0	$0
JAMES L BENJAMIN
TRUSTEE	2.00	Yes (X)		$0	$0	$0
JAMES R BIRLE JR
TRUSTEE	2.00	Yes (X)		$0	$0	$0
HARRY S CHERKEN
TRUSTEE	2.00	Yes (X)		$0	$0	$0
SEBASTIAN J CRAPANZANO
TRUSTEE	2.00	Yes (X)		$0	$0	$0
TANUJA MAJUMDAR DEHNE
TRUSTEE	2.00	Yes (X)		$0	$0	$0
JOHN A FRY
TRUSTEE	2.00	Yes (X)		$0	$0	$0
MICHAEL C HEANEY
TRUSTEE	2.00	Yes (X)		$0	$0	$0
HAROLD N KAMINE
TRUSTEE	2.00	Yes (X)		$0	$0	$0
LISA J KASSEL
TRUSTEE	2.00	Yes (X)		$0	$0	$0
JEFFERSON W KIRBY
TRUSTEE	2.00	Yes (X)		$0	$0	$0
CLAUDINE D LILIEN
TRUSTEE	2.00	Yes (X)		$0	$0	$0
KEVIN R MANDIA
TRUSTEE	2.00	Yes (X)		$0	$0	$0
D CHRISTIAN MCCUMBER
TRUSTEE	2.00	Yes (X)		$0	$0	$0
CYNTHIA Y PAIGE
TRUSTEE	2.00	Yes (X)		$0	$0	$0
JOSE A RODRIGUEZ
TRUSTEE	2.00	Yes (X)		$0	$0	$0
DAVID M ROTH ESQ
TRUSTEE	2.00	Yes (X)		$0	$0	$0
PETER S RUGGIERO
TRUSTEE	2.00	Yes (X)		$0	$0	$0
LAUREN A STEINITZ
TRUSTEE	2.00	Yes (X)		$0	$0	$0
WYNNE A WHITMAN
TRUSTEE	2.00	Yes (X)		$0	$0	$0
ALVIN M YEARWOOD
TRUSTEE	2.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$6,145,507	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$950,639	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	192	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	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
TURNER CONSTRUCTION COMPANY
1500 SPRING GARDEN STREET SUITE 22	PHILADELPHIA	PA	19130	CONSTRUCTION	$13,409,058
BON APPETIT MANAGEMENT COMPANY
2400 YORKMONT ROAD	CHAROLOTTE	NC	28217	DINING SERVICES	$7,838,988
ALLIED BUILDING CORP
74 WEST BROAD STREET SUITE 200	BETHLEHEM	PA	18018	CONSTRUCTION	$2,040,517
DEL VALLEY PROPERTIES INC
11 CHASE HOLLOW ROAD	HOPEWELL	NJ	08525	CONSTRUCTION	$1,893,738
MCFALL LAYMAN & JORDAN PC
134 BROADWAY	BANGOR	PA	180132506	LEGAL SERVICES	$1,827,106

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	62	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,078,388	GovernmentGrantsAmt
All Other Contributions	$18,056,730	AllOtherContributionsAmt
Total Contributions	$20,135,118	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611710	$145,631,686	$145,631,686
AUXILIARY SERVICES	611710	$28,817,051	$28,817,051
ATHLETICS/SPORTS NETWO	611710	$945,950	$945,950

Field	Value	IRS element (for citing)
Total Program Service Revenue	$175,394,687	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$34,268,727	TotalRevenueColumnAmt
Unrelated Business Revenue	-$158,062	UnrelatedBusinessRevenueAmt
Exclusion	-$34,110,665	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$813,399	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$399,618	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$413,781	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$413,781	TotalRevenueColumnAmt
Exclusion	$413,781	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$802,994,010	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$738,443,100	SecuritiesAmt
Other	$506,732	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$64,550,910	SecuritiesAmt
Other	-$506,732	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$64,044,178	TotalRevenueColumnAmt
Exclusion	$64,044,178	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$1,416,754	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$1,614,776	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$198,022	TotalRevenueColumnAmt
Unrelated Business Revenue	-$14,812	UnrelatedBusinessRevenueAmt
Exclusion	-$183,210	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INVESTMENT INCOME, REB	900099	$2,308,327	$2,308,327
FEES, FINES AND COST R	900099	$630,998	$617,810	$13,188

Field	Value	IRS element (for citing)
Other Revenue Total	$2,939,325	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$228,460,340	TotalRevenueColumnAmt
Related Or Exempt Func Income	$175,394,687	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$159,686	UnrelatedBusinessRevenueAmt
Exclusion	$33,090,221	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$63,100	TotalAmt
Program Services	$63,100	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$56,615,668	TotalAmt
Program Services	$56,615,668	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,097,548	TotalAmt
Program Services	$484,280	ProgramServicesAmt
Management And General	$3,293,248	ManagementAndGeneralAmt
Fundraising	$320,020	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$69,886,794	TotalAmt
Program Services	$58,118,790	ProgramServicesAmt
Management And General	$8,826,325	ManagementAndGeneralAmt
Fundraising	$2,941,679	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,386,971	TotalAmt
Program Services	$5,048,681	ProgramServicesAmt
Management And General	$1,006,483	ManagementAndGeneralAmt
Fundraising	$331,807	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$10,797,069	TotalAmt
Program Services	$8,512,605	ProgramServicesAmt
Management And General	$1,718,069	ManagementAndGeneralAmt
Fundraising	$566,395	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,228,969	TotalAmt
Program Services	$4,133,321	ProgramServicesAmt
Management And General	$824,000	ManagementAndGeneralAmt
Fundraising	$271,648	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$903,925	TotalAmt
Program Services	$66,594	ProgramServicesAmt
Management And General	$813,453	ManagementAndGeneralAmt
Fundraising	$23,878	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$157,779	TotalAmt
Management And General	$157,779	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$163,391	TotalAmt
Fundraising	$163,391	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$612,012	TotalAmt
Management And General	$612,012	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$12,535,906	TotalAmt
Program Services	$10,308,684	ProgramServicesAmt
Management And General	$2,191,232	ManagementAndGeneralAmt
Fundraising	$35,990	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$75,972	TotalAmt
Program Services	$65,723	ProgramServicesAmt
Management And General	$9,449	ManagementAndGeneralAmt
Fundraising	$800	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,177,747	TotalAmt
Program Services	$1,574,316	ProgramServicesAmt
Management And General	$361,881	ManagementAndGeneralAmt
Fundraising	$241,550	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,793,074	TotalAmt
Program Services	$500,756	ProgramServicesAmt
Management And General	$2,146,733	ManagementAndGeneralAmt
Fundraising	$145,585	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,291,465	TotalAmt
Program Services	$3,920,297	ProgramServicesAmt
Management And General	$371,168	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,570,885	TotalAmt
Program Services	$4,133,866	ProgramServicesAmt
Management And General	$304,941	ManagementAndGeneralAmt
Fundraising	$132,078	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,265,126	TotalAmt
Program Services	$620,114	ProgramServicesAmt
Management And General	$277,293	ManagementAndGeneralAmt
Fundraising	$367,719	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$10,294,186	TotalAmt
Program Services	$9,911,919	ProgramServicesAmt
Management And General	$382,267	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,646,141	TotalAmt
Program Services	$13,593,243	ProgramServicesAmt
Management And General	$2,052,898	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,800,034	TotalAmt
Program Services	$490,352	ProgramServicesAmt
Management And General	$1,309,682	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
AUXILIARY SERVICES	$8,158,414	$8,158,414
NON OFFICE SUPPLIES	$2,942,104	$2,937,054	$5,033	$17
ALLOCATION OF INDIRECT	$0	-$655,329	$655,329

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,126,616	TotalAmt
Program Services	$6,383,142	ProgramServicesAmt
Management And General	$669,541	ManagementAndGeneralAmt
Fundraising	$73,933	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$228,590,896	TotalAmt
Program Services	$194,985,590	ProgramServicesAmt
Management And General	$27,988,816	ManagementAndGeneralAmt
Fundraising	$5,616,490	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$56,024	BOYAmt
EOY	$12,292	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$62,579,195	BOYAmt
EOY	$66,897,772	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$24,516,328	BOYAmt
EOY	$15,032,538	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,834,603	BOYAmt
EOY	$2,468,595	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$733,867	BOYAmt
EOY	$659,226	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,026,942	BOYAmt
EOY	$1,976,627	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$666,240,517	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$269,735,436	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$381,747,925	BOYAmt
EOY	$396,505,081	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$236,430,239	BOYAmt
EOY	$219,502,151	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$653,215,405	BOYAmt
EOY	$674,745,193	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,769,173	BOYAmt
EOY	$2,492,613	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$19,235,310	BOYAmt
EOY	$1,271,808	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,387,145,011	BOYAmt
EOY	$1,381,563,896	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$20,145,066	BOYAmt
EOY	$12,142,394	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$1,279,224	BOYAmt
EOY	$882,491	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,729,588	BOYAmt
EOY	$5,520,221	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$272,340,932	BOYAmt
EOY	$270,592,055	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$3,299,596	BOYAmt
EOY	$3,618,441	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$4,167,423	BOYAmt
EOY	$3,429,480	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$81,812,031	BOYAmt
EOY	$80,077,569	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$385,773,860	BOYAmt
EOY	$376,262,651	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	$301,029,540	BOYAmt
EOY	$319,043,875	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$700,341,611	BOYAmt
EOY	$686,257,370	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,001,371,151	BOYAmt
EOY	$1,005,301,245	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,387,145,011	BOYAmt
EOY	$1,381,563,896	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$130,556	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$531,719	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$4,592,369	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$27,747,289	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$40,798,536	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$33,481,862	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,244,561	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,135,118	CurrentTaxYearAmt
Total	$153,407,366	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$27,747,289	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$40,798,536	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$33,481,862	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,244,561	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,135,118	CurrentTaxYearAmt
Total	$153,407,366	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$11,933,498	SubstantialContributorsTotAmt
Public Support Total170	$141,473,868	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$9,000,126	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,391,557	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$23,653,817	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,993,336	CurrentTaxYearMinus1YearAmt
Current Tax Year	-$33,296,726	CurrentTaxYearAmt
Total	$10,742,110	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$88,267	CurrentTaxYearMinus4YearsAmt
Total	$88,267	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$867,269	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,832,825	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,982,683	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,842,479	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,926,137	CurrentTaxYearAmt
Total	$12,451,393	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$176,689,136	TotalSupportAmt
Gross Receipts Rltd Activities	$832,966,295	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.80070	PublicSupportCY170Pct
Public Support PY170	0.67850	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	FEES FINES COST RECOVERY - 2015 AMOUNT: $ 503,417. 2016 AMOUNT: $ 418,255. 2017 AMOUNT: $ 613,962. 2018 AMOUNT: $ 615,534. 2019 AMOUNT: $ 617,810. INVESTMENT INCOME REBATES COMMISSIONS AND OTHER - 2015 AMOUNT: $ 363,852. 2016 AMOUNT: $ 1,414,570. 2017 AMOUNT: $ 2,368,721. 2018 AMOUNT: $ 3,226,945. 2019 AMOUNT: $ 2,308,327.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

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

Contributor US Address ContributorUSAddress

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

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

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$0	PoliticalExpendituresAmt
Volunteer Hours	0	VolunteerHoursCnt
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$66,438	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$66,438	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 COLLEGE IS A MEMBER OF THE AMERICAN COUNCIL ON EDUCATION, THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PENNSYLVANIA, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES AND THE LEHIGH VALLEY ASSOCIATION OF INDEPENDENT COLLEGES. THROUGH THESE ORGANIZATIONS, THE COLLEGE MAY, FROM TIME TO TIME, LOBBY THE CITY OF EASTON, THE COMMONWEALTH OF PENNSYLVANIA OR THE FEDERAL GOVERNMENT IN SUPPORT OF HIGHER EDUCATION ISSUES AND LEGISLATION OR IN THE ASSISTANCE IN PROCURING GRANTS. THE COLLEGE NEITHER EMPLOYS A LOBBYIST OR LOBBYING FIRM NOR INCURS LOBBYING EXPENSES FOR LEGISLATION ON THE COLLEGE'S BEHALF. THE COLLEGE EMPLOYS THE DELTA DEVELOPMENT GROUP FOR ASSISTANCE IN SECURING FEDERAL AND STATE GRANTS.	ExplanationTxt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$3,031,800	RevenuesIncludedAmt
Assets Included	$10,521,765	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$861,783,526	BeginningYearBalanceAmt
Contributions	$18,379,803	ContributionsAmt
Investment Earnings Or Losses	$26,736,866	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,842,283	GrantsOrScholarshipsAmt
Other Expenditures	$32,165,568	OtherExpendituresAmt
Administrative Expenses	$2,985,851	AdministrativeExpensesAmt
End Year Balance	$862,906,493	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$870,744,623	BeginningYearBalanceAmt
Contributions	$18,402,651	ContributionsAmt
Investment Earnings Or Losses	$16,998,749	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,817,916	GrantsOrScholarshipsAmt
Other Expenditures	$32,433,775	OtherExpendituresAmt
Administrative Expenses	$3,110,806	AdministrativeExpensesAmt
End Year Balance	$861,783,526	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$833,069,757	BeginningYearBalanceAmt
Contributions	$21,306,093	ContributionsAmt
Investment Earnings Or Losses	$59,205,615	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,175,815	GrantsOrScholarshipsAmt
Other Expenditures	$31,783,314	OtherExpendituresAmt
Administrative Expenses	$2,877,713	AdministrativeExpensesAmt
End Year Balance	$870,744,623	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$774,730,899	BeginningYearBalanceAmt
Contributions	$11,203,342	ContributionsAmt
Investment Earnings Or Losses	$88,282,832	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,041,278	GrantsOrScholarshipsAmt
Other Expenditures	$30,368,897	OtherExpendituresAmt
Administrative Expenses	$2,737,141	AdministrativeExpensesAmt
End Year Balance	$833,069,757	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$809,061,387	BeginningYearBalanceAmt
Contributions	$13,123,784	ContributionsAmt
Investment Earnings Or Losses	-$7,354,992	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,654,691	GrantsOrScholarshipsAmt
Other Expenditures	$28,795,873	OtherExpendituresAmt
Administrative Expenses	$3,648,716	AdministrativeExpensesAmt
End Year Balance	$774,730,899	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.25260	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.45360	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.29380	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,001,739	OtherCostOrOtherBasisAmt
Book Value	$10,001,739	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$490,302,311	OtherCostOrOtherBasisAmt
Depreciation	$178,831,501	DepreciationAmt
Book Value	$311,470,810	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$66,368,085	OtherCostOrOtherBasisAmt
Depreciation	$32,073,010	DepreciationAmt
Book Value	$34,295,075	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,433,320	OtherCostOrOtherBasisAmt
Depreciation	$58,830,925	DepreciationAmt
Book Value	$21,602,395	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,135,062	OtherCostOrOtherBasisAmt
Book Value	$19,135,062	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$396,505,081	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQ. INSTIT. MUTUAL FUNDS	$9,941,723	F
EVENT DRIVED/DISTRESSED	$26,613,129	F
LONG/SHORT EQUITY	$412,758,329	F
MULTI-STRAT/ABS RETURN	$96,767,606	F
REAL ESTATE	$2,810,845	F
PRIVATE EQUITY	$125,853,561	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$674,745,193	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
DEFERRED GIVING LIABILITY	$19,047,932
POST RETIREMENT BENEFITS	$41,141,000
COND. ASSET RETIREMENT OBLIGATION	$1,935,585
INT. RATE HEDGE/SWAP AGREEMENTS	$17,953,052

Field	Value	IRS element (for citing)
Total Liability	$80,077,569	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$177,948,548	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$531,719	NetUnrealizedGainsInvstAmt
Other Revenue	-$51,382,455	OtherRevenueAmt
Revenue Not Reported	-$51,914,174	RevenueNotReportedAmt
Revenue Subtotal	$229,862,722	RevenueSubtotalAmt
Investment Expenses Not Incld	$612,012	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$2,014,394	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$1,402,382	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$228,460,340	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$174,209,951	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,014,394	OtherExpensesIncludedAmt
Expenses Not Reported	$2,014,394	ExpensesNotReportedAmt
Expenses Subtotal	$172,195,557	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$612,012	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$55,783,327	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$56,395,339	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$228,590,896	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV, LINE 2B:	THE COLLEGE MAINTAINS AGENCY FUNDS FOR THE INVESTMENT CLUB AND THE ALUMNI ASSOCIATION.
PART V, LINE 4:	THE INTENT OF THE COLLEGE'S INVESTMENT GUIDELINES FOR ITS ENDOWMENT IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE COLLEGE'S PROGRAMS FROM THE ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,300 ENDOWED FUNDS THAT ARE ESTABLISHED FOR A VARIETY OF PURPOSES. ENDOWMENT CONTRIBUTIONS INCLUDE GIFTS AS WELL AS TRANSFERS TO BOARD DESIGNATED FUNDS. EARNINGS ON ENDOWMENT FUNDS ARE DESIGNATED FOR SCHOLARSHIPS, PROFESSORSHIPS, CHAIRS, STUDENT LOANS, INSTRUCTIONAL PROGRAMS, LIBRARY PURCHASES, GENERAL OPERATIONS, AND OTHER DESIGNATED PURPOSES.
PART X, LINE 2:	THE COLLEGE'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON TECHNICAL MERITS. THE COLLEGE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	SCHOLARSHIPS AND FELLOWSHIPS -55,974,824. CHANGE IN ANNUITIES PAYABLE ESTIMATE 2,868,959. CHANGE IN FV OF INTEREST RATE HEDGE/SWAP AGREEMENTS -3,687,590. CHANGE IN POST RETIREMENT BENEFIT COST 5,411,000.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RENTAL REVENUES TO EXTENT EXPENDED -399,618. COLLEGE STORE (COGS) REVENUES TO EXTENT EXPENDED -1,614,776. DIRECT SPECIAL EVENT EXPENSES
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL REVENUES TO EXTENT EXPENDED 399,618. COLLEGE STORE (COGS) REVENUES TO EXTENT EXPENDED 1,614,776. DIRECT SPECIAL EVENT EXPENSES
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS AND FELLOWSHIPS 55,974,824. NONOPERATING EXPENSES -191,497.
FORM 990, SCHEDULE D, PART III, LINE 4	AMONG THE RICH RESOURCES PROVIDED FOR STUDENTS IS A FINE, SMALL ART COLLECTION. THE COLLECTION INCLUDES EIGHTEENTH-THROUGH EARLY TWENTY-FIRST CENTURY AMERICAN AND EUROPEAN PAINTINGS, PRINTS, AND SCULPTURE; VINTAGE PHOTOGRAPHS; AND CONTEMPORARY AMERICAN SCULPTURE AND PAINTINGS. RECENT ACQUISITIONS BUILD ON THE STRENGTH OF THE EXISTING COLLECTIONS. THE MISSION STATEMENT FOR THE ART COLLECTIONS IS TO DOCUMENT, PRESERVE FOR FUTURE GENERATIONS, EXHIBIT, AND MAKE ACCESSIBLE THE COLLEGE'S ART COLLECTION TO THE STUDENTS, PUBLIC, AND SCHOLARS THROUGH EXHIBITIONS, PUBLICATIONS, REPRODUCTIONS, AND BY GRANTING ACCESS FOR RESEARCH PURPOSES. THE ADMINISTRATION OF THE ART COLLECTION COMPLIES WITH MUSEUM-FIELD WIDE STANDARDS OF CARE (SEE AMERICAN ALLIANCE OF MUSEUMS, AAM). STUDENTS HAVE CURATED EXHIBITIONS FROM THE COLLECTIONS; WHEN APPROPRIATE, ARTWORK IS LOANED TO OTHER INSTITUTIONS FOR EXHIBITIONS OF SCHOLARLY IMPORTANCE; IMAGES OF ARTWORK ARE READILY AVAILABLE FOR REPRODUCTIONS IN COMMERCIAL (EX: TEXT BOOKS) AND ACADEMIC-SCHOLARLY PUBLICATIONS (GENERALLY AT NO CHARGE OR A NOMINAL FEE). THE LAFAYETTE COLLEGE'S SPECIAL COLLECTIONS AND COLLEGE ARCHIVES ARE HOME TO APPROXIMATELY 20,000 RARE BOOKS AND MORE THAN 2,000 CUBIC FEET OF MANUSCRIPTS AND ARCHIVES. THE HOLDINGS INCLUDE MANUSCRIPTS, RARE BOOK COLLECTIONS ON STEPHEN CRANE, ANGLING, MINIATURE BOOKS, AND ARTISTS' BOOKS; PAPERS OF FORMER TREASURY SECRETARY WILLIAM E. SIMON, NEW JERSEY GOVERNOR ROBERT E. MEYNER AND CONGRESSWOMAN HELEN MEYNER; THE EARLY RECORDS OF THE EASTON-BASED DIXIE CUP COMPANY AND THE PAPERS OF NOTED ILLUSTRATOR AND ARTIST HOWARD CHANDLER CHRISTY. THE COLLEGE ARCHIVES SERVE AS THE REPOSITORY FOR THE RECORDS OF LAFAYETTE COLLEGE, DATING BACK TO THE FOUNDING OF THE COLLEGE IN 1824-1826. IT IS CHARGED WITH RECORDS MANAGEMENT RESPONSIBILITIES FOR CURRENT COLLEGE RECORDS. THE ARCHIVES ALSO INCLUDE MORE THAN 50,000 PHOTOGRAPHS, AUDIO-VISUAL RECORDINGS, AND OBJECTS THAT DOCUMENT THE COLLEGE'S HISTORY. THE DEPARTMENT OF GEOLOGY AND ENVIRONMENTAL GEOSCIENCE HOUSES THE COLLEGE'S MINERAL, GEM, AND FOSSIL COLLECTION THAT CONSISTS OF MORE THAN 10,000 SPECIMENS. THE COLLECTION WAS STARTED OVER A CENTURY AGO AND HAS GROWN THROUGH THE GIFTS OF MANY PRIVATE COLLECTIONS. THE COLLECTION IS HOUSED IN VAN WICKLE HALL AND A LARGE NUMBER OF SPECIMENS ARE ON DISPLAY IN THE GEOLOGY MUSEUM IN THE CENTER OF VAN WICKLE HALL. THE COLLECTION IS MANAGED BY A PROFESSIONAL CURATOR WHO WORKS PART TIME TO CURATE THE COLLECTION AND CYCLE MINERALS FROM STORAGE THROUGH THE DISPLAY CASES. THE GROWTH AND MAINTENANCE OF THE COLLECTION IS PARTIALLY SUPPORTED BY AN ENDOWED FUND GIFTED BY JOHN POHL ALONG WITH THE DONATION OF HIS MINERAL COLLECTION IN 1952. THE COLLECTION HAS GROWN SIGNIFICANTLY DURING THE PAST 10 YEARS WITH DONATIONS TOTALING MORE THAN 1,000 SPECIMENS FROM SEVERAL DONORS. THE CENTERPIECE OF THE COLLECTION IS A TWO-TON PIECE OF ORBUCULAR GRANODIORITE QUARRIED IN WESTERN AUSTRALIA. THE GRANITOID FORMED IN A MAGMA CHAMBER 2.7 BILLION YEARS AGO AND THE ORBICULAR TEXTURE EARNED IT THE INFORMAL NAME OF THE LEOPARD ROCK. THE COLLECTION IS ENJOYED BY THE LAFAYETTE COMMUNITY, ELEMENTARY AND SECONDARY STUDENTS, YOUTH GROUPS, AND THE COMMUNITY AT LARGE.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	SEE SUPPLEMENTAL PAGE
SCHEDULE E, PART I, LINE 6	THE COLLEGE RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL GRANT PROGRAMS INCLUDE PELL GRANTS, DIRECT LOAN PROGRAMS, WORK-STUDY, THE PERKINS LOAN PROGRAM, AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS. STATE PROGRAMS INCLUDE THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY. IN ADDITION, THE COLLEGE IS AWARDED RESEARCH GRANTS AND OTHER PROJECT GRANTS BY VARIOUS FEDERAL AND STATE AGENCIES.
FORM 990, SCHEDULE E, PART I, LINE 3	THE COLLEGE'S RACIAL NONDISCRIMINATORY POLICY IS PUBLICIZED WITHIN THE COLLEGE'S CATALOG WHICH CAN BE FOUND AT HTTP://CATALOG.LAFAYETTE.EDU/. IN ADDITION, THE COLLEGE HAS A SEPARATE DIVERSITY AND INCLUSIVENESS STATEMENT WHICH IS ALSO INCLUDED WITHIN THE COLLEGE'S CATALOG AT HTTP://CATALOG.LAFAYETTE.EDU/.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (24 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA & CARIBBEAN	INVESTMENTS	$290,303,914
EUROPE	INVESTMENTS	$6,236,420
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$25	ACADEMIC SUPPORT
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$46,072	INSTRUCTION
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$423	RESEARCH
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$1,680	ACADEMIC SUPPORT
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$47,724	INSTRUCTION
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$3,518	RESEARCH
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$7,282	STUDENT SERVICES
EUROPE	PROGRAM SERVICES	$11,530	ACADEMIC SUPPORT
EUROPE	PROGRAM SERVICES	$1,181,966	INSTRUCTION
EUROPE	PROGRAM SERVICES	$39,712	RESEARCH
EUROPE	PROGRAM SERVICES	$20,840	STUDENT SERVICES
NORTH AMERICA	PROGRAM SERVICES	$141	ACADEMIC SUPPORT
NORTH AMERICA	MANAGEMENT AND GENERAL	$45	INSTITUTIONAL SUPPORT
NORTH AMERICA	PROGRAM SERVICES	$1,224	INSTRUCTION
NORTH AMERICA	PROGRAM SERVICES	$3,791	RESEARCH
NORTH AMERICA	PROGRAM SERVICES	$4,741	STUDENT SERVICES
SOUTH AMERICA	PROGRAM SERVICES	$25	ACADEMIC SUPPORT
SOUTH AMERICA	PROGRAM SERVICES	$441	RESEARCH
SOUTH ASIA	PROGRAM SERVICES	$1,778	INSTRUCTION
SOUTH ASIA	PROGRAM SERVICES	$4,638	STUDENT SERVICES
SUB-SAHARAN AFRICA	PROGRAM SERVICES	$144,600	INSTRUCTION
SUB-SAHARAN AFRICA	PROGRAM SERVICES	$6,114	STUDENT SERVICES

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$296,639,776	SubtotalSpentAmt
Continuation Spent	$1,428,868	ContinuationSpentAmt
Total Spent	$298,068,644	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	THE AMOUNTS REPORTED ON PART I ARE IDENTIFIED ON A REASONABLE EFFORTS BASIS WHERE SUCH ACTIVITIES WERE NOT TRACKED SEPARATELY UNDER THE COLLEGE'S ACCOUNTING PROCEDURES. THESE REASONABLE EFFORTS INCLUDE REVIEWS OF FINANCIAL RECORDS AND INTERVIEWS WITH COLLEGE PERSONNEL. THE COLLEGE EXPENDS FUNDS OUTSIDE OF THE UNITED STATES ON VARIOUS STUDY ABROAD PROGRAMS. STUDENTS ENROLLED IN STUDY ABROAD PROGRAMS PAY THEIR TUITION AND FEES DIRECTLY TO LAFAYETTE COLLEGE AND THE COLLEGE REMITS PAYMENTS TO THE OVERSEAS PROGRAM ON STUDENTS' BEHALF.
PART I, LINE 3:	ACCRUAL
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
CRESENDO INTERACTIVE INC
110 CAMINO RUIZ	CAMARILLO	CA	93012	GIFT LEGACY SERVICE & UPGRADE	0	$0	$5,500	$0
AMPLO (GRADUWAY)
939 WESTLAKE AVENUE N	SEATTLE	WA	98109	DAY OF GIVING, CROWDFUNDING PLATFORM	0	$0	$20,000	$0
WASHBURN & MCGOLDRICK
950 NEW LOUDON ROAD STE 210	LATHAM	NY	12110	CAMPAIGN CONSULTING	0	$0	$113,411	$0
IMODULES SOFTWARE INC
PO BOX 25671	OVERLAND PARK	KS	66225	LICENSE AND CONSULTING SERVICE	0	$0	$24,480	$0

Field	Value	IRS element (for citing)
Total Retained By Contractors	$163,391	TotalRetainedByContractorsAmt
Licensed States	CA	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	PA	LicensedStatesCd

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	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
YALE UNIVERSITY
PO BOX 1873	NEW HAVEN	CT	065081873	060646973	501(C)3	$9,924	$0	N/A	N/A	NIH GRANT
BOISE STATE UNIVERSITY
1910 UNIVERSITY DRIVE	BOISE	ID	83725	820290701	501(C)3	$7,124	$0	N/A	N/A	NIH GRANT
LEHIGH UNIVERSITY
306 S NEW STREET SUITE 451	BETHLEHEM	PA	18015	240795445	501(C)3	$7,967	$0	N/A	N/A	NIH GRANT

Field	Value	IRS element (for citing)
Total501c3 Org	3	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

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

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
INSTITUTIONAL SCHOLARSHIP AWARDS	1260	$0	$55,974,824	FMV	CREDIT TO STUDENT'S ACCOUNT
ACADEMIC PRIZES, AWARDS, AND FELLOWSHIPS	223	$176,004	$0	N/A	N/A
CARES ACT GRANTS TO STUDENTS	855	$464,840	$0	N/A	N/A

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 2:

LAFAYETTE COLLEGE MAINTAINS A POLICY DEFINING ITS PROCEDURES FOR MONITORING THE USE OF SPONSORED FUNDS BY SUB-RECIPIENTS WHO ARE PERFORMING A PORTION OF A SPONSORED PROJECT EXTERNALLY AWARDED TO LAFAYETTE. THIS POLICY PROVIDES GUIDANCE TO ENSURE THAT SUB-RECIPIENTS CONDUCT THEIR PORTION OF SPONSORED PROJECTS IN COMPLIANCE WITH THE LAWS, REGULATIONS, TERMS AND CONDITIONS OF AWARDS AND SUB AWARDS, AND THAT REIMBURSEMENT COSTS INCURRED BY SUB-RECIPIENTS ARE ALLOWED.

PART III, LINE 1

THE COLLEGE CONSIDERS THE AWARDING OF FINANCIAL AID (PRIMARILY GRANTS, SCHOLARSHIPS, LOANS, AND WORK-STUDY) TO ITS STUDENTS, INCLUDING NON-RESIDENT ALIEN STUDENTS, TO BE A U.S. BASED ACTIVITY AS STUDENTS OF THE COLLEGE ARE DEEMED TO BE LIVING IN THE UNITED STATES THROUGHOUT THEIR COMPLETION OF THE COLLEGE'S ACADEMIC CURRICULUM AND SUPPORTING PROGRAMS. THE COLLEGE AWARDS SCHOLARSHIPS AND FELLOWSHIPS ON THE BASIS OF MERIT AND/OR FINANCIAL NEED. THE SELECTION CRITERIA ARE BASED ON THE CALCULATED EXPECTED FAMILY CONTRIBUTION, WHICH IS DERIVED BY USING COMPLEX FORMULAS INVOLVING FAMILIES' INCOME, ASSETS, AND HOUSEHOLD SIZES INCLUDING, AMONG OTHER FACTORS, DEPENDENTS IN COLLEGE. THE COLLEGE'S FINANCIAL AID OFFICE ADMINISTERS AND MONITORS THESE AWARDS TO HELP ENSURE THAT THESE FUNDS ARE AWARDED TO ELIGIBLE RECIPIENTS IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE, AND OTHER REQUIREMENTS, AS WELL AS RELEVANT INTERNAL COLLEGE POLICIES AND OPERATIONAL GUIDELINES. ACADEMIC PRIZES, AWARDS, FELLOWSHIP, AND INTERNSHIPS ARE AWARDED BASED ON A REVIEW BY THE APPLICABLE ACADEMIC DEPARTMENT. ALL AWARDED SCHOLARSHIPS ARE CREDITED TO THE STUDENT'S ACCOUNT AT THE COLLEGE AND ARE APPLIED TO BILLED CHARGES.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
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
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	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	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ALISON R BYERLY
PRESIDENT	$553,292	$0	$175,000	$0	$88,277	$0	$26,600	$0	$74,311	$0	$917,480	$0	$0	$0
JOSEPH S BOHRER
CHIEF INVESTMENT OFFICER	$347,592	$0	$160,000	$0	$9,049	$0	$26,600	$0	$10,578	$0	$553,819	$0	$0	$0
ROGER A DEMARESKI
VP OF FINANCE & ADMINISTRATION/TREAS	$380,592	$0	$35,000	$0	$61,283	$0	$26,600	$0	$23,891	$0	$527,366	$0	$0	$0
SAIYID A RIZVI
PROVOST	$343,650	$0	$100,000	$0	$10,431	$0	$26,600	$0	$22,294	$0	$502,975	$0	$0	$0
MERVIN A BURTON
DIRECTOR OF INVESTMENTS	$235,236	$0	$190,000	$0	$594	$0	$23,079	$0	$8,969	$0	$457,878	$0	$0	$0
LESLIE F MUHLFELDER
VP OF HUMAN RESOURCES & GENERAL COUN	$323,589	$0	$15,000	$0	$10,246	$0	$26,600	$0	$51,930	$0	$427,365	$0	$0	$0
KIMBERLY A SPANG
VP OF DEVELOPMENT & COLLEGE RELATION	$306,742	$0	$40,000	$0	$14,224	$0	$26,600	$0	$34,153	$0	$421,719	$0	$0	$0
GREGORY V MACDONALD
VP OF ENROLLMENT MANAGEMENT	$241,112	$0	$20,000	$0	$5,591	$0	$23,913	$0	$127,629	$0	$418,245	$0	$0	$0
CRAIG BECKER
ASSOC VP FOR FINANCE, PLANNING & CAP	$238,946	$0	$5,000	$0	$40,464	$0	$23,708	$0	$25,426	$0	$333,544	$0	$0	$0
LI ZHAO
INVESTMENT ASSOCIATE	$153,685	$0	$125,000	$0	$199	$0	$15,329	$0	$14,947	$0	$309,160	$0	$0	$0
BRUCE A MURPHY
KIRBY PROFESSOR OF GOVERNMENT & LAW	$252,275	$0	$0	$0	$6,243	$0	$24,668	$0	$21,644	$0	$304,830	$0	$0	$0
JOHN E MEIER
PROVOST	$256,787	$0	$0	$0	$11,607	$0	$23,750	$0	$8,476	$0	$300,620	$0	$0	$0
FRANCIS B O'HANLON
HEAD MEN'S BASKETBALL COACH	$247,759	$0	$0	$0	$5,654	$0	$24,263	$0	$22,330	$0	$300,006	$0	$0	$0
JOHN KINCAID
PROFESSOR/DIRECTOR OF MEYNER CENTER	$245,249	$0	$0	$0	$3,318	$0	$23,638	$0	$10,933	$0	$283,138	$0	$0	$0
JOHN L O'KEEFE
VP & CHIEF INFORMATION OFFICER	$231,500	$0	$0	$0	$1,569	$0	$22,563	$0	$20,960	$0	$276,592	$0	$0	$0
ANNETTE DIORIO
VP OF CAMPUS LIFE/SR. DIVERSITY OFFI	$221,324	$0	$8,000	$0	$2,131	$0	$21,375	$0	$11,272	$0	$264,102	$0	$0	$0
MARK EYERLY
VP FOR MARKETING & COMMUNICATIONS	$219,595	$0	$0	$0	$2,396	$0	$21,350	$0	$19,448	$0	$262,789	$0	$0	$0
ALMA SCOTT-BUCZAK
ASSOC VP FOR HUMAN RESOURCES	$175,057	$0	$0	$0	$25,249	$0	$10,188	$0	$24,024	$0	$234,518	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	TRAVEL FOR COMPANIONS - IN ACCORDANCE WITH COLLEGE POLICY, IN LIMITED INSTANCES WITH DOCUMENTATION FOR THE BUSINESS PURPOSE FULFILLED BY THE COMPANION AND ANY REQUIRED PRIOR APPROVALS, THE COLLEGE WILL PAY FOR TRAVEL EXPENSES OF A COMPANION WHEN THE COMPANION TRAVEL IS 1] FOR A BONA FIDE BUSINESS PURPOSE, AND 2] IMPORTANT TO THE ACHIEVEMENT OF THE COLLEGE'S PURPOSES THAT REQUIRE THE TRAVEL OF THE EMPLOYEE AND COMPANION. TAX INDEMNIFICATION - DURING CALENDAR YEAR 2019, A $3,110 TAX EQUALIZATION PAYMENT WAS MADE TO ALISON BYERLY (PRESIDENT). THE PAYMENT IS IN ACCORDANCE WITH THE EMPLOYMENT CONTRACT AND/OR AUTHORIZATIONS FROM THE BOARD OF TRUSTEES AND ARE SPECIFIC TO THE PRESIDENT. HOUSING ALLOWANCE - AS PART OF THEIR EMPLOYMENT CONTRACT AND FOR THE CONVENIENCE OF THE COLLEGE, A COLLEGE-OWNED RESIDENCE WAS PROVIDED TO OFFICER ALISON BYERLY (PRESIDENT). THE HOUSING PROVIDED IS LOCATED ON COLLEGE PROPERTY AND IS IN CONJUNCTION WITH THE OFFICER'S DUTIES. THE ESTIMATED ANNUAL VALUE OF THE HOUSING PROVIDED IS INCLUDED AS A NONTAXABLE BENEFIT IN THIS RETURN IN THE AMOUNT OF $49,120 FOR PRESIDENT BYERLY. IT IS THE POLICY OF THE COLLEGE'S BOARD OF TRUSTEES THAT THE PRESIDENT RESIDE ON COLLEGE PROPERTY. THE PRESIDENT DETERMINES IF THE DUTIES OF OTHER OFFICERS REQUIRE THEM TO RESIDE ON COLLEGE PROPERTY. PERSONAL SERVICES - IN ACCORDANCE WITH THE POLICY OF THE COLLEGE'S BOARD OF TRUSTEES AND THE PRESIDENT'S EMPLOYMENT CONTRACT, THE PRESIDENT OF THE COLLEGE IS REQUIRED TO RESIDE ON COLLEGE PROPERTY. THE PRESIDENT'S HOUSE SERVES NOT ONLY AS A RESIDENCE, BUT ALSO AS A HOST LOCATION FOR MANY COLLEGE EVENTS AND THE COLLEGE PROVIDES STAFF TO MAINTAIN THE HOME. FOR CALENDAR YEAR 2019, $7,457 WAS THE PORTION OF THE HOUSEKEEPER'S SALARY DETERMINED TO BE FOR PERSONAL SERVICES AND INCLUDED AS REPORTABLE COMPENSATION. SOCIAL CLUB - THE COLLEGE MAINTAINS A SOCIAL CLUB MEMBERSHIP IN THE NAME OF THE PRESIDENT THAT IS PRIMARILY USED FOR BUSINESS PURPOSES, INCLUDING FUNDRAISING AND DONOR RELATION ACTIVITIES.
PART I, LINE 3	THE COMPENSATION COMMITTEE ESTABLISHES THE PRESIDENT'S COMPENSATION. THE COMMITTEE REVIEWS DATA OBTAINED FROM ITS EXTERNAL COMPENSATION CONSULTANT ON PRESIDENTIAL SALARIES FROM COMPARABLE INSTITUTIONS AND UPDATES OR ADJUSTS THAT DATA THROUGH SURVEYS AND OTHER AVAILABLE RESOURCES. IN ADDITION, AN ANNUAL PERFORMANCE REVIEW IS CONDUCTED.
PART I, LINE 7	FROM TIME TO TIME CERTAIN EMPLOYMENT CONTRACTS CONTAIN BONUS CLAUSES. THESE BONUSES ARE BASED ON METRICS SPECIFIC TO THE POSITION. IN ADDITION, FROM TIME TO TIME, THE GOVERNING BODY PROVIDES BONUSES TO OFFICERS, DIRECTORS, KEY EMPLOYEES, AND OTHER STAFF BASED ON PERFORMANCE THEY DEEM TO BE WORTHY OF THE AWARD. THESE BONUSES ARE COMPLETELY DISCRETIONARY.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTHAMPTON CITY GPA (SERIES 2013 A)
A	233007498	66353LCF2	2013-11-26	$35,146,792	REFUND SERIES 98A, 98B, VAR. CAP. PROJECTS	0	0	0
NORTHAMPTON CITY GPA (SERIES 2010 A AND B)
B	233007498	66353LAY3	2010-04-30	$26,689,800	REFUND SERIES 10A, VAR. CAP. PROJECTS	0	0	0
NORTHAMPTON CITY GPA (SERIES 2018)
C	233007498	66353LDL8	2018-10-02	$21,520,883	COLLEGE REFUNDING REVENUE BONDS	0	0	0
NORTHAMPTON CITY GPA (SERIES 2006)
D	233007498	66353LAG2	2006-09-14	$15,100,000	CONSTRUCT./RENOV. ATHLETIC FACILITIES	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Substantial CompletionSubstantialCompletionYr	RetiredRetiredAmt	Capitalized InterestCapitalizedInterestAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt
A	$35,146,792	$346,792	$12,600,000	$22,200,000	0	Yes (1)	Yes (1)	Yes (1)
B	$26,690,421		$4,400,421	$22,290,000	0	Yes (1)	Yes (1)	Yes (1)	2013
C	$21,520,883	$370,883		$21,150,000	Yes (1)	0	Yes (1)	Yes (1)	2018	$21,150,000
D	$15,312,344		$15,193,514		0	0	Yes (1)	Yes (1)	2007	$4,100,000	$108,121	$10,709

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
B	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
C	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
D	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	0	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	0	Yes (1)
D	Yes (1)	Yes (1)	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: NORTHAMPTON CITY GPA (SERIES 2013 A) DATE THE REBATE COMPUTATION WAS PERFORMED: 06/23/2017 ISSUER NAME: NORTHAMPTON CITY GPA (SERIES 2010 A AND B) DATE THE REBATE COMPUTATION WAS PERFORMED: 02/13/2015 ISSUER NAME: NORTHAMPTON CITY GPA (SERIES 2006) DATE THE REBATE COMPUTATION WAS PERFORMED: 03/13/2015 ISSUER NAME: NORTHAMPTON CITY GPA (SERIES 2003) DATE THE REBATE COMPUTATION WAS PERFORMED: 03/16/2015
FORM 990, SCHEDULE K, PART I, SUPPLEMENTAL INFORMATION:	NORTHAMPTON COUNTY GPA (SERIES 2010 A AND B) IS ONE INTEGRATED STRUCTURE AS REPORTED ON IRS FORM 8038. IT IS COMPRISED OF TWO SUB-COMPONENTS, SERIES 2010 A WHICH HAD PROCEEDS OF $22,289,379 FOR THE PURPOSE OF RETIRING THE SERIES 2000 BONDS WAS STRUCTURED AS VARIABLE RATE DEBT AND SERIES 2010B WHICH HAD PROCEEDS OF $4,400,421 FOR VARIOUS CAPITAL PROJECTS AND IMPROVEMENTS WAS STRUCTURED AS FIXED RATE DEBT.
SCHEDULE K, PART II, LINE 3:	THE DIFFERENCE FROM PART I(E) IS DUE TO INVESTMENT EARNINGS.
FORM 990, SCHEDULE K, PART III:	THE COLLEGE CONTRACTS WITH A FOR-PROFIT DINING SERVICE PROVIDER FOR THE MANAGEMENT OF THE DINING OPERATIONS ON CAMPUS. THE CURRENT CONTRACT IS STRUCTURED SUCH THAT THE PREPONDERANCE OF FEES IS BASED ON A PER CAPITA CHARGE. A SMALL PORTION OF THE PROCEEDS OF THE SERIES 2008 BONDS WERE USED TO RENOVATE ONE OF THE SEVEN DINING VENUES ON CAMPUS, BUT GIVEN ITS NATURE, THE COLLEGE, WITH THE ADVICE OF COUNSEL, BELIEVES THE CONTRACT WITH THE FOR-PROFIT DINING SERVICE PROVIDER IS A QUALIFIED MANAGEMENT CONTRACT AND NOT SUBJECT TO PRIVATE USE.
FORM 990, SCH. K, PART IV, LINE 3, USE OF INTEREST RATE HEDGING CONTRACTS:	THE COLLEGE HAS THREE INTEREST RATE HEDGING CONTRACTS IN PLACE THAT WERE ENTERED INTO TO MITIGATE THE COLLEGE'S INTEREST RATE RISK INHERENT WITH VARIABLE RATE STRUCTURED DEBT. EACH OF THE HEDGING CONTRACTS REQUIRES THE COLLEGE TO PAY A FIXED RATE IN RETURN FOR A VARIABLE RATE THAT IS EXPECTED TO APPROXIMATE THE INTEREST RATE PAYABLE ON THE COLLEGE'S DEBT IN TYPICAL MARKETS. NONE OF THE INTEREST RATE HEDGING CONTRACTS ARE STRUCTURED AS "QUALIFIED" HEDGES ON THE RECORDS OF THE ISSUING AUTHORITY FOR ANY OF THE COLLEGE'S DEBT ISSUANCES, WHICH IS THE NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY. AS SUCH, NONE OF THE INTEREST RATE HEDGES ARE INTEGRATED FOR TAX PURPOSES WITH A PARTICULAR DEBT ISSUANCE OF THE COLLEGE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTHAMPTON CITY GPA (SERIES 2003)
A	233007498	66353LAA5	2003-04-02	$10,190,000	REFUND SERIES 93	0	0	0
NORTHAMPTON CITY GPA (SERIES 2017)
B	233007498	66353LDE4	2017-06-14	$158,271,482	CONTRUCTION/PARTIAL ADVANCE REFUNDING PRIOR BOND	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt
A	$10,190,000	$10,190,000	2003	0	Yes (1)	Yes (1)	Yes (1)
B	$158,271,482	$77,259,495		0	Yes (1)	0	Yes (1)	$1,011,988	$60,764,690	$19,235,310

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
B	0	0	0	0	0.00000	0.00000	0.00000	0	0	0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	Yes (1)	Yes (1)	0	0	0	Yes (1)
B	0	Yes (1)	0	0	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	11	ContributionCnt
Noncash Contributions Rpt F990	$3,072,300	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	67	ContributionCnt
Noncash Contributions Rpt F990	$4,478,618	NoncashContributionsRptF990Amt
Method Of Determining Revenues	HIGH/LOW OF DAILY MV	MethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$35,912	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	EQUIPMENT	1	$16,934	FMV
Yes (X)	GOODS/SERVICE	4	$1,961	FMV

Field	Value	IRS element (for citing)
Form8283 Received	12	Form8283ReceivedCnt
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (B):	NUMBER OF CONTRIBUTORS
PART I, LINE 32B:	THE COLLEGE'S INVESTMENT BROKER/MANAGER LIQUIDATES DONATED SECURITIES SECURITIES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1: MISSION STATEMENT	IN AN ENVIRONMENT THAT FOSTERS THE FREE EXCHANGE OF IDEAS, LAFAYETTE COLLEGE SEEKS TO NURTURE THE INQUIRING MIND AND TO INTEGRATE INTELLECTUAL, SOCIAL, AND PERSONAL GROWTH. THE COLLEGE STRIVES TO DEVELOP STUDENTS' SKILLS OF CRITICAL THINKING, VERBAL COMMUNICATION, AND QUANTITATIVE REASONING AND THEIR CAPACITY FOR CREATIVE ENDEAVOR; IT ENCOURAGES STUDENTS TO EXAMINE THE TRADITIONS OF THEIR OWN CULTURE AND THOSE OF OTHERS; TO DEVELOP SYSTEMS OF VALUES THAT INCLUDE AN UNDERSTANDING OF PERSONAL, SOCIAL, AND PROFESSIONAL RESPONSIBILITY; AND TO REGARD EDUCATION AS AN INDISPENSABLE, LIFELONG PROCESS.
FORM 990, PART VI, SECTION A, LINE 1	GOVERNANCE, MANAGEMENT, AND DISCLOSURE - GOVERNING BODY AND MANAGEMENT THE EXECUTIVE COMMITTEE OF THE BOARD CONSISTS OF THE CHAIR, VICE CHAIR, AND SECRETARY OF THE BOARD, THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD, THE PRESIDENT OF THE COLLEGE, AND THE IMMEDIATE PAST CHAIR OF THE BOARD FOR THE PERIOD OF ONE YEAR NEXT ENSUING THE TERMINATION OF HIS OR HER INCUMBENCY IN THAT OFFICE IN THE EVENT HE OR SHE CONTINUES TO SERVE DURING THAT PERIOD AS A MEMBER OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE TRANSACTS SUCH BUSINESS AS MAY BE COMMITTED TO IT BY THE BOARD, AND, WHEN THE BUSINESS OF THE COLLEGE REQUIRES, IT MAY ACT FOR THE BOARD IN ALL MATTERS NOT ESPECIALLY RESERVED, SUBJECT TO APPROVAL BY THE BOARD AT ITS FIRST MEETING THEREAFTER. THE COMMITTEE HAS THE FOLLOWING RESPONSIBILITIES: DEVELOPMENT OF A LONG-RANGE MASTER PLAN FOR THE COLLEGE SUBJECT TO PERIODIC REVIEW AND REVISION; CONSIDER AND RECOMMEND POLICIES FOR FINANCIAL LONG-RANGE PLANNING, BUDGETING, PRICING AND FEES; NOMINATE CANDIDATES FOR THE BOARD. COPIES OF THE MINUTES OF ITS TRANSACTIONS ARE CIRCULATED AMONG THE MEMBERS OF THE BOARD PRIOR TO THE NEXT ENSUING MEETING OF THE BOARD, AND, WHEN APPROVED, REPORTED AS TRANSACTIONS OF THE BOARD.
FORM 990, PART VI, SECTION A, LINE 2	GOVERNANCE, MANAGEMENT, AND DISCLOSURE - GOVERNING BODY AND MANAGEMENT FROM TIME TO TIME, VARIOUS TRUSTEES MAY HAVE RELATIONSHIPS OCCURRING IN THE NORMAL COURSE OF BUSINESS. THESE TRANSACTIONS ARE AT ARM'S LENGTH AND REPORTED TO THE COLLEGE IN COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 11B	GOVERNANCE, MANAGEMENT, AND DISCLOSURE - POLICIES PROCESS FOR THE REVIEW OF FORM 990 THE FORM 990 RETURN IS PREPARED BY THE COLLEGE'S ADMINISTRATION AND FORWARDED TO THE COLLEGE'S OUTSIDE TAX ADVISOR FOR REVIEW AND INPUT INTO ELECTRONIC MEDIA. THE COLLEGE WILL DISCUSS THE RETURN WITH ITS OUTSIDE TAX ADVISOR AND MAKE REVISIONS PRIOR TO PRINTING THE FIRST DRAFT RETURN. THE AUDIT COMMITTEE REVIEWS THE FIRST DRAFT RETURN, RECOMMENDS CHANGES, WHICH ARE THEN INCORPORATED INTO A REVISED DRAFT RETURN. THE AUDIT COMMITTEE REVIEWS THE SECOND DRAFT RETURN TO ENSURE THE COMMITTEE'S REQUESTED CHANGES WERE MADE. THE ADMINISTRATION WILL THEN DISTRIBUTE THE SECOND DRAFT RETURN TO THE FULL BOARD OF TRUSTEES WITH A REQUEST FOR REVIEW AND COMMENT. IF ANY QUESTIONS OR COMMENTS ARE RECEIVED FROM A BOARD MEMBER AND THE RETURN IS REVISED AS A RESULT, THE ADMINISTRATION WILL ADVISE THE FULL BOARD OF THE CHANGE BEFORE FILING OF THE FINAL RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY FOR TRUSTEES, BOARD MEMBERS, OFFICERS OF THE ADMINISTRATION, AND OTHER KEY EMPLOYEES OF THE COLLEGE WAS APPROVED BY THE COLLEGE'S BOARD OF TRUSTEES ON OCTOBER 27, 1979. THIS POLICY IS PROVIDED TO ALL APPLICABLE INDIVIDUALS ANNUALLY FOR THEIR REVIEW AND DISCLOSURE OF BOTH ANY EXCEPTIONS TO THE POLICY AND ANY AFFILIATIONS FOR WHICH THE POLICY REQUIRES DISCLOSURE. THE COLLEGE ALSO REQUIRES THE SAME INDIVIDUALS TO PREPARE A FORM 990 DISCLOSURE ANNUALLY. ALL DISCLOSURES REQUIRED UNDER THIS POLICY MUST BE DIRECTED IN WRITING TO THE SECRETARY OF THE BOARD OF TRUSTEES WHO IS RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY. MATTERS UNDER THIS POLICY CONCERNING TRUSTEES ARE INITIALLY REPORTED TO THE CHAIRPERSON OF THE BOARD AND THE COLLEGE'S GENERAL COUNSEL FOR ACTION. MATTERS CONCERNING STAFF ARE REFERRED INITIALLY TO THE COLLEGE'S GENERAL COUNSEL AND THEN TO THE PRESIDENT. INFORMATION DISCLOSED TO THE SECRETARY (OR CHAIRPERSON OR PRESIDENT) IS HELD IN CONFIDENCE EXCEPT WHEN THE BEST INTEREST OF THE INSTITUTION IS SERVED BY DISCLOSING THE INFORMATION TO THE BOARD IN EXECUTIVE SESSION.
FORM 990, PART VI, SECTION B, LINE 15	THE PROCESS FOR DETERMINING THE COMPENSATION OF THE OFFICERS OF THE ADMINISTRATION: THE PRESIDENT RECOMMENDS THE COMPENSATION FOR OFFICERS (VICE-PRESIDENTS). BASED ON A WRITTEN ANNUAL PERFORMANCE SUMMARY, EACH OFFICER'S COMPENSATION IS THEN ESTABLISHED BY THE COMPENSATION COMMITTEE WHICH REVIEWS DATA OBTAINED FROM ITS EXTERNAL COMPENSATION CONSULTANT ON SALARIES OF COMPARABLE OFFICERS FROM COMPARABLE INSTITUTIONS AND ADJUSTS THAT DATA THROUGH SURVEYS AND OTHER AVAILABLE RESOURCES.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S PUBLIC WEBSITE. THE COLLEGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC ON ITS WEBSITE. REQUESTS FOR COPIES OF FORMS 990 AND 990T ARE PROVIDED PROMPTLY UPON REQUEST IN EITHER HARD-COPY OR ELECTRONIC FORMS, AND THE COLLEGE DOES NOT CHARGE FOR EITHER COPYING OR MAILING COSTS. AFTER THE FILING OF THE FORM 990 RETURN FOR THE SAME TAX YEAR, THE COLLEGE WILL PROVIDE A COPY TO GUIDESTAR FOR PUBLICATION ON THEIR WEBSITE.
FORM 990, PART XI, LINE 9:	CHANGE IN ESTIMATE ANNUITIES PAYABLE 2,868,959. CHANGE IN FV OF HEDGE/SWAPS -3,687,590. CHANGE IN POSTRETIREMENT BENEFITS 5,411,000.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
SCHAEFER BERTHA B UW
BNY MELLON PO BOX 185	PITTSBURGH	PA	15230	236293005	PERPETUAL TRUST	PA	501(C)(3)	PF	LAFAYETTE COLLEGE	Yes (1)
WOLFE DUMONT
1 W 4TH ST 4TH FL	WINSTON SALEM	NC	27101	236013820	PERPETUAL TRUST	NC	501(C)(3)	PF	LAFAYETTE COLLEGE	Yes (1)
ANNA P DENLINGER TRUST
1 W 4TH ST 4TH FL	WINSTON SALEM	NC	27101	226144493	PERPETUAL TRUST	NC	501(C)(3)	PF	LAFAYETTE COLLEGE	Yes (1)
CHARLES W BLAIR
10 S DEARBORN	CHICAGO	IL	60603	726130983	PERPETUAL TRUST	IL	501(C)(3)	PF	LAFAYETTE COLLEGE	Yes (1)
EDWARD BRINKER TR FBO CLAUDIA
PO BOX 185	PITTSBURGH	PA	15230	256770250	PERPETUAL TRUST	PA	501(C)(3)	PF	LAFAYETTE COLLEGE	Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (27)
INVESTMENTS	PA	LAFAYETTE COLLEGE	T	1.00000	Yes (1)
CHARITABLE REMAINDER ANNUITY TRUSTS (2)
INVESTMENTS	PA	LAFAYETTE COLLEGE	T	1.00000	Yes (1)

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CHARITABLE REMAINDER TRUSTS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	S	TransactionTypeTxt
Involved	$834,829	InvolvedAmt
Method Of Amount Determination	CASH VALUE	MethodOfAmountDeterminationTxt