2019-05-12T19:03:41-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-07-01 236002304 CORPORATION OF HAVERFORD COLLEGE CORP 6108961223 370 LANCASTER AVENUE HAVERFORD PA 190411392 MITCHELL L WEIN SR VP ADMIN/FINANCE, TREASURER 6108961223 2019-05-12 1 CONNIE M LIRA P00481097 2156433900 67.137.57.251 2019-05-12 20:22:29 ED P 88FC096EEAA4AA34D2309BD4BFC487DBE06F0B48 D73E359738BDAD79C2EC8539ABD5DE3741BC0024 2017 2019-02-21 02:37:17Z HAVERFORD COLLEGE KIMBERLY W BENSTON 370 LANCASTER AVENUE HAVERFORD PA 190411392 209072700 0 X WWW.HAVERFORD.EDU X 1833 PA LEADING LIBERAL ARTS COLLEGE KNOWN FOR: ACADEMIC RIGOR, HONOR CODE & A BEAUTIFUL ARBORETUM CAMPUS 29 28 1927 1612 326837 0 30401725 35893537 89642238 94173488 24791660 29584922 -103266 329079 144732357 159981026 28707574 30320394 0 0 58179666 59808521 9000 0 4465071 47894428 44809341 134790668 134938256 9941689 25042770 736355748 763460439 181631279 172142653 554724469 591317786 X HAVERFORD COLLEGE IS COMMITTED TO PROVIDING A LIBERAL ARTS EDUCATION IN THE BROADEST SENSE. THIS EDUCATION, BASED ON A RICH ACADEMIC CURRICULUM AT ITS CORE, IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE AND A CONCERN FOR INDIVIDUAL GROWTH. HAVERFORD HAS CHOSEN TO REMAIN SMALL AND TO FOSTER A CLOSE STUDENT/FACULTY RELATIONSHIP TO ACHIEVE THESE OBJECTIVES. THE COLLEGE'S RIGOROUS ACADEMIC PROGRAM IS FLEXIBLE IN FORM AND CONTENT TO MEET THE NEEDS OF INDIVIDUAL STUDENTS, AND RESTS ON THE ASSUMPTION THAT THE ABLE STUDENTS WHO COME HERE WILL USE THEIR CAPABILITIES FULLY. HAVERFORD'S FACULTY IS NOTED FOR ITS STRENGTH IN BOTH SCHOLARSHIP AND TEACHING, AND ITS MEMBERS EXPECT TO TRANSMIT TO STUDENTS THEIR ENTHUSIASM AND HIGH STANDARDS. THE FACULTY MEMBERS ARE TEACHING AT AN UNDERGRADUATE COLLEGE OF ARTS AND SCIENCES BY CHOICE, AND THEY EXPECT TO LEARN, AS WELL AS TO TEACH, IN THIS CLOSE RELATIONSHIP WITH UNDERGRADUATES. 0 0 76320252 30320394 70697314 THE COLLEGE'S ACADEMIC RELATED EXPENDITURES INCLUDE INSTRUCTION (UNDERGRADUATE LIBERAL ARTS), ACADEMIC SUPPORT, FINANCIAL AID AND RESEARCH EXPENDITURES. THESE EXPENSES SUPPORTED 1,374 STUDENT FTE AND 166.8 FACULTY FTE. THE COLLEGE CONFERRED 318 DEGREES IN 17/18. RESEARCH STIPENDS TOTALING $361,886 WERE AWARDED TO 126 STUDENTS. THE MAJORITY OF RESEARCH AWARDS ARE IN THE NATURAL SCIENCES. FEDERAL FUNDS SUPPORTED 28 GRANTS. OTHER SUPPORT FOR RESEARCH COMES FROM PRIVATE FOUNDATIONS, DONOR DESIGNATED FUNDS AND INTERNALLY DESIGNATED (UNRESTRICTED) FUNDS. THE COLLEGE ALSO SPENT FUNDS ON FINANCIAL AID: HAVERFORD COLLEGE GRANTS TOTALING $29,808,726 WERE AWARDED TO 629 STUDENTS AND FSEOG GRANTS TOTALING $145,182 WERE RECEIVED BY 76 STUDENTS. 20363257 0 22253236 AUXILIARY ENTERPRISES (DORMS, DINING CENTER, FACULTY HOUSING, CONFERENCE PROGRAM) HAVERFORD IS A RESIDENTIAL INSTITUTION WHERE MOST OF THE STUDENT BODY LIVE ON CAMPUS AND ACTIVELY PARTICIPATES IN CAMPUS LIFE. THE DORMS HOUSED AN AVERAGE OF 1,287 STUDENTS; AND AN AVERAGE OF 957 WERE ON THE MEAL PLAN. HAVERFORD PROVIDED 69 SPACES FOR RENT TO THE FACULTY TO FOSTER EDUCATIONAL INTERACTION WITH STUDENTS. 14221212 0 2094223 STUDENT SERVICES - DEAN, REGISTRAR, COUNSELING, CAREER DEVELOPMENT, HEALTH SERVICES, ATHLETICS, DISABILITY SERVICES, SECURITY AND MISCELLANEOUS SERVICES. WHILE THESE OFFICES SUPPORT STUDENT HEALTH, DEVELOPMENT AND WELL-BEING IN DIFFERENT WAYS, THEY ALL SHARE AN APPROACH THAT IS BASED ON RESPECT FOR STUDENT CHOICES AND A FUNDAMENTAL COMMITMENT TO THE IMPORTANCE OF EDUCATION IN THE DECISION-MAKING PROCESS. THE STAFF OF THESE OFFICES ARE COMMITTED TO HELPING STUDENTS ACHIEVE THEIR POTENTIAL BOTH AS INDIVIDUALS AND AS MEMBERS OF THE COMMUNITY. 110904721 1 1 0 0 0 1 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 1 X 2221 0 1927 1 1 1 1 UK 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA MD MI NH NJ NY OK OR WA X MITCHELL L WEIN 6108961223 370 LANCASTER AVENUE HAVERFORD PA 190411392 ANDERSON MARK G BOARD OF MANAGERS 2.00 0.00 X 0 0 0 BEEVER CHARLES G BOARD OF MANAGERS 2.00 0.00 X 0 0 0 BEGLEITER STEVE L BOARD OF MANAGERS 2.00 0.00 X 0 0 0 BERNSTEIN SETH P BOARD OF MANAGERS 2.00 0.00 X 0 0 0 BOYER JAMES L BOARD OF MANAGERS 2.00 0.00 X 0 0 0 BROOKS AMY TAYLOR BOARD OF MANAGERS 2.00 0.00 X 0 0 0 CHATTERJEE ANJAN K BOARD OF MANAGERS 2.00 0.00 X 0 0 0 GAMSE JONATHAN M BOARD OF MANAGERS 2.00 0.00 X 0 0 0 GANT CHRISTOPHER T BOARD OF MANAGERS 2.00 0.00 X 0 0 0 GORCHOW BRUCE D BOARD OF MANAGERS 2.00 0.00 X 0 0 0 HAMMERMAN CLAUDIA L BOARD OF MANAGERS 2.00 0.00 X 0 0 0 KAFKER ROGER B BOARD OF MANAGERS 2.00 0.00 X 0 0 0 LEBRETON SARAH WILLIE BOARD OF MANAGERS 2.00 0.00 X 0 0 0 LOVE TED W BOARD OF MANAGERS 2.00 0.00 X 0 0 0 MITCHELL BEATRICE BOARD OF MANAGERS 2.00 0.00 X 0 0 0 REECE NORVAL D BOARD OF MANAGERS 2.00 0.00 X 0 0 0 RITCHOTTE HENRY J BOARD OF MANAGERS 2.00 0.00 X 0 0 0 SATTERTHWAITE ANN V BOARD OF MANAGERS 2.00 0.00 X 0 0 0 SHUBULAL SHIBU BOARD OF MANAGERS 2.00 0.00 X 0 0 0 SILBER JANE BOARD OF MANAGERS 2.00 0.00 X 0 0 0 TAYLOR JOHN R BOARD OF MANAGERS 2.00 0.00 X 0 0 0 WOLFSON NANCY BOARD OF MANAGERS 2.00 0.00 X 0 0 0 ZOIDIS PAUL BOARD OF MANAGERS 2.00 0.00 X 0 0 0 JENKINS GARRY W BOARD OF MANAGERS, VICE CHAIR 2.00 0.00 X X 0 0 0 WHITE III ALLAN 'RICK' BOARD OF MANAGERS, CHAIR 2.00 0.00 X X 0 0 0 CHRISTENSEN GINNY BOARD OF MANAGERS, SECRETARY 2.00 0.00 X X 0 0 0 PERKINS JENNIFER S BOARD OF MANAGERS, ASSISTANT CLERK 2.00 0.00 X X 0 0 0 EVANS JONATHAN WOOD BOARD OF MANAGERS, CLERK 2.00 0.00 X X 0 0 0 BENSTON KIMBERLY W PRESIDENT 50.00 0.00 X X 463496 0 81951 WEIN MITCHELL L SENIOR VP ADMIN/FINANCE, TREASURER 50.00 0.00 X 339428 0 102189 CASEL MICHAEL H CHIEF INVEST OFFICER, ASST TREASURER 50.00 0.00 X 277647 0 62540 FIGUEREDO ANN VP INST ADVANCEMENT, ASST SECRETARY 50.00 0.00 X 250126 0 33145 LYTLE JESSE H VP/CHIEF OF STAFF, ASST SECRETARY 50.00 0.00 X 142539 0 46549 FULLAM DEBORAH R ASSOCIATE VP, ASSISTANT TREASURER 50.00 0.00 X 144150 0 18228 LORD JESS H VP/DEAN OF ADMISSIONS/FINANCIAL AID 50.00 0.00 X 193078 0 47664 BLASE FRANCES ROSE PROVOST 50.00 0.00 X 183276 0 49767 FITCH MEGAN E CHIEF INFORMATION OFFICER 50.00 0.00 X 177455 0 33487 DENNEY MARTHA DEAN OF COLLEGE 50.00 0.00 X 175594 0 58820 CAMPBELL JR DONALD B DIRECTOR OF FACILITIES MANAGEMENT 50.00 0.00 X 151250 0 19560 GERSTEIN LINDA PROFESSOR 50.00 0.00 X 169253 0 31521 GANGADEAN ASHOK PROFESSOR 50.00 0.00 X 162717 0 39426 FREEDMAN RICHARD PROFESSOR 50.00 0.00 X 159891 0 47761 KAVANAUGH STEVEN DIRECTOR OF PLANNED GIVING 50.00 0.00 X 157789 0 39121 SMITH PAUL J PROFESSOR 50.00 0.00 X 157144 0 30922 3304833 0 742651 85 0 1 0 THE WHITING-TURNER CONTRACTING CO 300 E JOPPA ROAD 8TH FLOOR BALTIMORE MD 21286 CONSTRUCTION 7100021 CASCADES CONSTRUCTION 2101 PENROSE AVENUE PHILADELPHIA PA 19145 CONSTRUCTION 2965370 SIERRA-CEDAR INC 1255 ALEDMAN DRIVE ALPHARETTA GA 30005 IT CONSULTING 1643687 PERRY DEAN ROGERS & PTNRS ARCHITECTS 177 MILK STREET BOSTON MA 02109 ARCHITECTS 1464507 W S CUMBY 938 LINCOLN AVENUE SPRINGFIELD PA 19064 CONSTRUCTION 797775 34 1893900 33999637 13654539 35893537 TUITION AND FEES 611310 70697314 70697314 DORMS 900099 11688876 11688876 DINING 900099 8525639 6751106 1774533 CONFERENCES 900099 1092451 45175 1047276 COLLEGE HOUSING 900099 914912 914912 1254296 1254296 94173488 5028195 -402258 5430453 108536 108536 106427 0 106427 106427 106427 72871932 19300 48330143 112898 24541789 -93598 24448191 683920 23764271 871285 648633 222652 222652 159981026 91529156 326837 32231496 28647900 28647900 1672494 1672494 3105095 2631114 473981 42364257 33333413 6927015 2103829 3830858 3042194 601113 187551 7216659 5535442 1277335 403882 3291652 2456515 649380 185757 514198 26136 488062 165684 165684 933512 933512 3613952 2625145 802141 186666 91873 53423 38450 3832964 3118134 530720 184110 1232336 594301 528182 109853 5579010 3778026 1798525 2459 1812126 1559836 96255 156035 235106 175050 39114 20942 6556143 6482884 73259 8627088 7960067 667021 879382 622837 256545 SUPPLIES 2967338 2731510 215978 19850 DINING 2339076 1550291 440992 347793 STUDY ABROAD EXPENSES 2017094 2017094 LIBRARY 1488501 1449190 5947 33364 1923958 1472839 402120 48999 134938256 110904721 19568464 4465071 10168772 8888420 16722496 20467150 13551925 8690894 1534193 2684919 271230 259122 915993 727041 561960 538980 1109326 1237803 320417000 153453533 159107469 166963467 192511726 180373527 331001473 359617529 8899185 13011587 736355748 763460439 10498528 7652037 3624838 3253046 151235677 147602485 16272236 13635085 181631279 172142653 X 142173933 160180701 160034513 166235640 252516023 264901445 554724469 591317786 736355748 763460439 X 25042770 8942443 2608104 X 0 1 X 1 1 1 X 25780071 32967497 31941484 30401725 35893537 156984314 25780071 32967497 31941484 30401725 35893537 156984314 29968272 127016042 7180647 10515172 5869751 3445467 5645416 32656453 2312765 90366 277951 2681082 4654 4654 192326503 419294975 0.66040 0.64880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2016 AMOUNT: $ 4,654. 1 0 0 0 125000 0 18760 0 1 1 55152 4762860 0 0 X X X 0 1 805491 920579 805491 920579 0 501738232 5554094 38155611 5867296 19404746 1290295 518885600 462416786 9072007 53313849 5558400 16321658 1184352 501738232 483411952 16591492 -18222620 5115752 13081280 1167006 462416786 488089129 10976795 1743301 4942593 10240855 2033825 483591952 433261211 11132379 68880679 4623743 17528133 3033264 488089129 0.27500 0.49000 0.23500 0 0 720688 720688 207523210 89955900 117567310 34521234 24823509 9697725 77651868 38674124 38977744 166963467 EQUITY AND FIXED INCOME FUNDS 222310025 F PRIVATE EQUITY 35024911 F HEDGE AND REAL ESTATE FUNDS 87496483 F OTHER SECURITIES 14786110 F 359617529 FEDERAL STUDENT LOAN ADVANCES 105407 INTEREST RATE SWAP LIABILITIES 7050296 LIABILITIES UNDER PLANNED GIVING ARRANGEMENTS 5315738 CONDITIONAL ASSET RETIREMENT OBLIGATION 756610 REFUNDABLE ADVANCE THORNE SCHOOL 407034 13635085 X 140994527 8942443 -27204913 -18262470 159256997 1290925 -566896 724029 159981026 104336729 766787 766787 103569942 1290925 30077389 31368314 134938256 PART III, LINE 4: SPECIAL COLLECTIONS OF ART AND HISTORICAL TREASURES SERVE TO ADVANCE SCHOLARSHIP AND TO FURTHER TEACHING, RESEARCH AND SERVICE. SPECIAL COLLECTIONS RANGE FROM QUAKER COLLECTIONS TO HAVERFORD ARCHIVES TO RARE MANUSCRIPTS TO FINE ART ASSETS. THE QUAKER COLLECTION CONSISTS OF MANUSCRIPTS AS WELL AS NUMEROUS PHOTOGRAPHS, WORKS OF ART, ARTIFACTS, FURNITURE AND FILMS. THE HAVERFORD ARCHIVES INCLUDE AMERICAN AND ENGLISH LITERATURE, HISTORY AND POLITICS. TODAY, THE COLLECTIONS OF FINE ART ENCOMPASSES THREE AREAS: MATERIAL IN SUPPORT OF THE COLLEGE CURRICULA, MATERIAL THAT DOCUMENTS HAVERFORD'S HISTORY, AND MATERIAL THAT DOCUMENTS THE HISTORY OF QUAKERISM. PART IV, LINE 1B: HAVERFORD IS THE TRUSTEE OF THE WILLIAM MAUL MEASEY TRUST. THE COLLEGE IS ENTITLED TO 60% OF THE GROSS INCOME OF THE TRUST AND INCLUDES 60% OF THE TRUST ASSETS IN ITS FINANCIAL STATEMENTS AND FORM 990. THE REMAINING 40% OF THE GROSS INCOME IS DISTRIBUTED TO SECONDARY SCHOOLS FOR STUDENT FINANCIAL AID. AS OF JUNE 30, 2018, 40% OF THE TRUST ASSETS (FMV) WAS $49,463,110. THE 40% TRUST INCOME DISTRIBUTED TO THE SCHOOLS IS REPORTED IN PART IV, LINE 1E. THE SECONDARY SCHOOLS THAT RECEIVE TRUST INCOME ARE GEORGE SCHOOL, WESTTOWN SCHOOL, SCATTERGOOD FRIENDS AND OLNEY FRIENDS. PART V, LINE 4: HAVERFORD SPENDS A PRUDENT AMOUNT OF ITS ENDOWMENT INCOME ANNUALLY TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE IN ACCORDANCE WITH DONOR RESTRICTIONS AND INTERNAL DESIGNATIONS. PART X, LINE 2: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2018, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES INFORMATION TAX RETURNS IN THE UNITED STATES OF AMERICA AND VARIOUS STATES. THE COLLEGE IS GENERALLY NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS -29,958,508. NET GAIN FROM CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 2,694,481. CHANGE IN VALUE OF LIFE INCOME 263,955. NEW LIFE INCOME GIFT LIABILITY -322,995. ELIMINATION ENTRY BETWEEN COLLEGE AND DISREGARDED ENTITY 118,154. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE DIRECT EXPENSES -648,633. DISREGARDED ENTITY REVENUE 81,737. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE DIRECT EXPENSES 648,633. ELIMINATION ENTRY BETWEEN COLLEGE AND DISREGARDED ENTITY 118,154. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 29,958,508. DISREGARDED ENTITY EXPENSES 118,881. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SUCH A POLICY IS POSTED ON HAVERFORD'S WEBSITE AS WELL AS PUBLISHED IN HAVERFORD'S CATALOG AND OTHER ADMISSIONS LITERATURE. ALSO, THE POLICY IS PUBLISHED IN NEWSPAPERS AND/OR THE INTERNET WHEN ADVERTISING FOR EMPLOYMENT. SCHEDULE E, PART I, LINE 6 FEDERAL WORK STUDY $81,631, FEDERAL SUPPLEMENTAL OPPORTUNITY GRANT (FSEOG) $145,182, PELL GRANT $986,928, PHEAA-FWS MATCH $9,815, PHEAA INSTITUTIONAL ASSISTANCE GRANT (IAG) $28,160. 1 CENTRAL AMERICA & THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS 71614 EAST ASIA & THE PACIFIC 0 0 GRANTS TO RECIPIENTS 145956 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS 470135 RUSSIA & NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS 51215 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS 60650 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS 414372 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS 447552 MIDDLE EAST & NORTH AFRICA 0 0 GRANTS TO RECIPIENTS 6600 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS 4400 SOUTH ASIA 0 0 PROGRAM SERVICES INTERNSHIPS 3500 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES INTERNSHIPS 44992 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES INTERNSHIPS 21104 NORTH AMERICA 0 0 PROGRAM SERVICES INTERNSHIPS 42876 CENTRAL AMERICA & THE CARIBBEAN 0 0 PROGRAM SERVICES INTERNSHIPS 17183 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES INTERNSHIPS 11407 SOUTH AMERICA 0 0 PROGRAM SERVICES INTERNSHIPS 9492 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNSHIPS 19636 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES PROFESSIONAL SERVICES 1000 NORTH AMERICA 0 0 PROGRAM SERVICES PROFESSIONAL SERVICES 19084 CENTRAL AMERICA & THE CARIBBEAN 0 0 PROGRAM SERVICES PROFESSIONAL SERVICES 320 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES PROFESSIONAL SERVICES 500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PROFESSIONAL SERVICES 23235 NORTH AMERICA 0 0 FUNDRAISING 2465 EAST ASIA & THE PACIFIC 0 0 FUNDRAISING 1120 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 12153 CENTRAL AMERICA & THE CARIBBEAN 0 0 PROGRAM SERVICES PROGRAM TRAVEL 40086 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES PROGRAM TRAVEL 29957 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PROGRAM TRAVEL 233791 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 5505 NORTH AMERICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 78328 SOUTH AMERICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 12038 SOUTH ASIA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 13283 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 21323 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FEES 233068 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FEES 25036 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 11737894 NORTH AMERICA 0 0 INVESTMENTS 3068792 CENTRAL AMERICA & THE CARIBBEAN 0 0 INVESTMENTS 39092162 0 0 0 0 0 0 1668094 54825730 56493824 HAVERFORD GRANT (SCHOLARSHIPS) CENTRAL AMERICA & THE CARIBBEAN 1 71614 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) EAST ASIA & THE PACIFIC 2 103446 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) EUROPE (INCLUDING ICELAND & GREENLAND) 7 459795 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) RUSSIA & NEIGHBORING STATES 1 46815 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) SOUTH AMERICA 1 60650 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) SOUTH ASIA 7 409472 CASH PAYMENT FMV HAVERFORD GRANT (SCHOLARSHIPS) SUB-SAHARAN AFRICA 7 445352 CASH PAYMENT FMV RESEARCH STIPEND EAST ASIA & THE PACIFIC 13 42510 CASH PAYMENT FMV RESEARCH STIPEND EUROPE (INCLUDING ICELAND & GREENLAND) 4 10340 CASH PAYMENT FMV RESEARCH STIPEND MIDDLE EAST & NORTH AFRICA 2 6600 CASH PAYMENT FMV RESEARCH STIPEND NORTH AMERICA 1 4400 CASH PAYMENT FMV RESEARCH STIPEND RUSSIA & NEIGHBORING STATES 1 4400 CASH PAYMENT FMV RESEARCH STIPEND SOUTH ASIA 3 4900 CASH PAYMENT FMV RESEARCH STIPEND SUB-SAHARAN AFRICA 1 2200 CASH PAYMENT FMV 1 0 0 0 1 0 PART I, LINE 2: THE PROCEDURES TO MONITOR COLLEGE SCHOLARSHIPS (GRANT AID) AWARDED TO NONRESIDENT ALIENS ARE THE SAME FOR PROCEDURES AS SCHOLARSHIPS AWARDED TO THE CITIZENS OF THE UNITED STATES. HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. THE COLLEGE DOES NOT AWARD ANY GRANTS BASED UPON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST ALSO BE PROVIDED. SUPPLEMENTS FOR BUSINESS AND FORMS FOR NON-CUSTODIAL PARENTS MAY ALSO BE REQUIRED BASED ON CIRCUMSTANCES. STUDENTS MAY APPEAL THE AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE MADE UP OF THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, THE ASSOCIATE VICE PRESIDENT AND CONTROLLER, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM, BOARD, FEES AND OTHER BILLED CHARGES. 1 HAVERFORD COLLEGE SCHOLARSHIPS TO STUDENTS 603 28211582 RESEARCH STIPENDS TO STUDENTS 101 286536 FEDERAL SEOG TO STUDENTS 76 145182 BECKMAN SCHOLARS PROGRAM 1 4600 PART I, LINE 2: HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. HAVERFORD DOES NOT AWARD ANY GRANT AID BASED ON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST BE PROVIDED. SUPPLEMENTS FOR BUSINESS AND FORMS FOR NON-CUSTODIAL PARENTS MAY ALSO BE REQUIRED BASED ON CIRCUMSTANCES. STUDENTS MAY APPEAL AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE MADE UP OF THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM, BOARD, FEES, AND OTHER BILLED CHARGES. SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG) ARE AWARDED BASED ON FAMILY CONTRIBUTION. ELIGIBILITY IS DETERMINED BY THE FAFSA AND REGULATIONS DETERMINED BY THE U.S. DEPARTMENT OF EDUCATION. PER THE DEPARTMENT OF EDUCATION REGULATIONS, STUDENTS WHO RECEIVE PELL GRANTS MUST BE PROVIDED SEOG FUNDS FIRST. IF THE STUDENT IS SELECTED TO RECEIVE THESE AWARDS OTHER VERIFICATION FORMS MAY BE REQUIRED INCLUDING THE VERIFICATION STATEMENT, PARENT AND STUDENT TAX RETURNS, AND NON-TAX FILER STATEMENTS. SEOG AWARDS ARE CREDITED DIRECTLY TO THE STUDENTS ACCOUNT FOR TUITION, ROOM, BOARD AND OTHER BILLED CHARGES. SEOG AWARDS ARE AUDITED ANNUALLY BY THE COLLEGE'S OUTSIDE AUDITORS IN CONJUNCTION WITH THE SINGLE AUDIT. X X X X 1 1 X X X 0 1 0 0 0 0 0 0 0 BENSTON KIMBERLY W PRESIDENT 451199 0 0 0 12297 0 51875 0 30076 0 545447 0 0 0 WEIN MITCHELL L SENIOR VP ADMIN/FINANCE, TREASURER 339428 0 0 0 0 0 38773 0 63416 0 441617 0 0 0 CASEL MICHAEL H CHIEF INVEST OFFICER, ASST TREASURER 277647 0 0 0 0 0 32456 0 30084 0 340187 0 0 0 FIGUEREDO ANN VP INST ADVANCEMENT, ASST SECRETARY 244776 0 0 0 5350 0 28118 0 5027 0 283271 0 0 0 LYTLE JESSE H VP/CHIEF OF STAFF, ASST SECRETARY 142539 0 0 0 0 0 17594 0 28955 0 189088 0 0 0 FULLAM DEBORAH R ASSOCIATE VP, ASSISTANT TREASURER 141650 0 0 0 2500 0 16582 0 1646 0 162378 0 0 0 LORD JESS H VP/DEAN OF ADMISSIONS/FINANCIAL AID 193078 0 0 0 0 0 22675 0 24989 0 240742 0 0 0 BLASE FRANCES ROSE PROVOST 181026 0 0 0 2250 0 20913 0 28854 0 233043 0 0 0 FITCH MEGAN E CHIEF INFORMATION OFFICER 177455 0 0 0 0 0 20930 0 12557 0 210942 0 0 0 DENNEY MARTHA DEAN OF COLLEGE 168444 0 0 0 7150 0 19925 0 38895 0 234414 0 0 0 CAMPBELL JR DONALD B DIRECTOR OF FACILITIES MANAGEMENT 149750 0 0 0 1500 0 17473 0 2087 0 170810 0 0 0 GERSTEIN LINDA PROFESSOR 167753 0 0 0 1500 0 19800 0 11721 0 200774 0 0 0 GANGADEAN ASHOK PROFESSOR 162717 0 0 0 0 0 19290 0 20136 0 202143 0 0 0 FREEDMAN RICHARD PROFESSOR 159891 0 0 0 0 0 19418 0 28343 0 207652 0 0 0 KAVANAUGH STEVEN DIRECTOR OF PLANNED GIVING 154639 0 0 0 3150 0 17675 0 21446 0 196910 0 0 0 SMITH PAUL J PROFESSOR 145264 0 0 0 11880 0 16979 0 13943 0 188066 0 0 0 PART I, LINE 1A NON-TAXABLE HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, PRESIDENT BENSTON RESIDES ON CAMPUS FREE OF RENT. DEAN OF THE COLLEGE MARTHA DENNEY AND PROFESSOR PAUL SMITH RESIDE ON THE COLLEGE'S CAMPUS AT A SUBSIDIZED RENT. PERSONAL SERVICES - MAID: CLEANING OF THE PERSONAL SPACE IN THE PRESIDENT'S HOUSE WAS DONE BY A COLLEGE EMPLOYEE AND THE AMOUNT WAS INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. SOCIAL CLUB DUES: THE SOCIAL CLUB DUES OF THE PRESIDENT ARE PAID BY THE COLLEGE AND INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. THE PRESIDENT RECEIVED GROSS UP PAYMENTS FOR THE TAXABLE PORTION OF HOUSEKEEPING AND SOCIAL CLUB DUES. PART I, LINE 4B PRESIDENT KIMBERLY W. BENSTON $21,175 SVP ADMIN/FINANCE MITCHELL L. WEIN $8,073 CHIEF INVESTMENT OFFICER MICHAEL H. CASEL $1,756. A DELAWARE COUNTY AUTHORITY 231973437 246003LX3 2010-04-29 44944290 NEW DORM AND PARTIAL REFUND 2008 BONDS 1 0 0 B DELAWARE COUNTY AUTHORITY 231973437 246003NG8 2017-02-28 110381164 REFUND PORTION 2008 BONDS, 2010 BONDS, ALL 2010A BONDS 0 0 0 C DELAWARE COUNTY AUTHORITY 231973437 2017-02-28 29845000 PART REFUND 2008 BONDS: RENOVATION OF SHARPLESS HALL, RYAN GYM/VCAM, DINING 0 0 0 A 1736834 34090000 44944290 1533228 531618 13879444 29000000 2012 1 0 1 1 B 843827 110381164 86558263 734217 23088684 2017 1 1 1 1 C 29868876 93034 102807 17535077 6702192 5435766 2018 1 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 1 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 4/29/2010 $44,944,290 - HAVERFORD COLLEGE ENGAGED ARC TO PERFORM THE ARBITRAGE CALCULATION FOR THE 2010 BONDS FOR 4/29/2010 THROUGH 4/29/2015, AND NO ARBITRAGE REBATE WAS DUE. SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 2/28/17 $110,381,164 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED OCTOBER 11, 2018. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2018. SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 2/28/2017 $29,845,000 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED NOVEMBER 13, 2018. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2018. MICHAEL H CASEL OFFICER HOME MORTGAGE X 300000 259122 0 0 1 259122 X 4 55152 APPRAISED VALUE X 128 13514637 FAIR MARKET VALUE X PIANO 1 84750 APPRAISED VALUE 3 0 1 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN EACH CATEGORY. FORM 990, PART V, LINE 1A: THE TOTAL NUMBER REPORTED IN BOX 3 OF ALL 2017 FORM 1096 FILINGS IS 2,221, THIS IS WHAT IS REPORTED ON FORM 990, PART V, LINE 1A. INCLUDED IN THIS TOTAL ARE 1,680 FORM 1098-T FILINGS. FORM 990, PART VI, SECTION A, LINE 6 HAVERFORD HAS ONE CLASS OF MEMBERS WHO MAY INCLUDE ANY MEMBER OF THE RELIGIOUS SOCIETY OF FRIENDS, ANYONE WHO HAS SERVED AS PRESIDENT OF HAVERFORD OR AS A MEMBER OF THE BOARD OF MANAGERS FOR AT LEAST SIX CONSECUTIVE YEARS. IN ADDITION, THE PRESIDENT OF HAVERFORD, THE CLERK, THE ASSISTANT CLERK, AND THE SECRETARY OF HAVERFORD, AND FOUR MEMBERS OF THE BOARD OF MANAGERS NOMINATED BY THE BOARD OF MANAGERS SHALL BE MEMBERS OF HAVERFORD SO LONG AS THEY HOLD SUCH POSITIONS. HAVERFORD MAY PERMIT, IN EXCEPTIONAL CASES, PERSONS NOT MEMBERS OF A MONTHLY MEETING, YET GROUNDED IN THE FAITH AND PRACTICE OF FRIENDS, TO BE TREATED AS MEMBERS OF THE RELIGIOUS SOCIETY OF FRIENDS. THE MEMBERS SEEK, BY ADVICE AND EXAMPLE, TO STRENGTHEN AND ENRICH HAVERFORD'S QUAKER HERITAGE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FORMALLY ELECT ALL THE MEMBERS OF THE BOARD, INCLUDING THOSE NOMINATED BY HAVERFORD, BY THE BOARD AND BY THE ALUMNI ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ANY AND ALL AMENDMENTS TO THE BYLAWS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN HAVERFORD PROVIDES THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND DISCUSSION PRIOR TO ITS FURTHER DISSEMINATION TO THE BOARD. THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD OF MANAGERS PRIOR TO ITS FILING. CONSISTENT WITH THE COLLEGE'S LONG STANDING COMMITMENT TO HONOR THE REQUESTS FROM DONORS THAT WISH TO PHILANTHROPICALLY SUPPORT THE COLLEGE ANONYMOUSLY, SCHEDULE B IS EXCLUDED, PRIOR TO DISTRIBUTION TO THE AUDIT COMMITTEE AND TO THE FULL BOARD. HOWEVER, THREE BOARD MEMBERS (THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, AND THE CHAIR OF THE AUDIT COMMITTEE) PLUS THREE COLLEGE OFFICERS (THE PRESIDENT, THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT, AND THE SENIOR VICE PRESIDENT) WILL RECEIVE THE ENTIRE FORM 990, INCLUDING AN UN-REDACTED SCHEDULE B AND THEREBY SEE THE COMPLETE FORM 990, INCLUDING ALL SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A CONFLICT OF INTEREST QUESTIONNAIRE IS HANDED OUT AND SENT ELECTRONICALLY TO BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE PRESIDENT'S OFFICE TRACKS AND ENSURES COMPLIANCE WITH COMPLETING AND SUBMITTING THE CONFLICT OF INTEREST QUESTIONNAIRE. IF A CONFLICT WERE TO ARISE AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING FOR INVESTIGATION AND RESOLUTION. AFTER THE PRESENTATION THE INTERESTED PERSON WOULD REMOVE THEMSELVES FROM THE MEETING DURING THE FINAL DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED AFTER AN ANNUAL REVIEW BY THE BOARD'S COMMITTEE ON PRESIDENTIAL COMPENSATION AND REVIEW. THE REVIEW ALONG WITH PRIVATE COLLEGE EXECUTIVE COMPENSATION SURVEYS HELP DETERMINE THE PRESIDENT'S SALARY. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT REPORTS TO THE BOARD COMMITTEE INFORMATION REGARDING THE ANNUAL PROCESS FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES AS NOTED ON FORM 990, PART VII. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS AND CONFLICT ON INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC THROUGH OUR WEBSITE, GUIDESTAR'S WEBSITE, AND UPON REQUEST. CURRENTLY THE COLLEGE DOES NOT PUBLISH GOVERNING DOCUMENTS; HOWEVER, THESE ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET GAIN FROM CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 2,694,482. CHANGE IN VALUE OF LIFE INCOME 263,955. NEW LIFE INCOME GIFT LIABILITY -322,995. DISREGARDED ENTITY UNREALIZED TRANSLATION ADJUSTMENT -27,338. HAVERFORD COLLEGE FOUNDATION (UK) LIMITED 19 NORCOTT ROAD LONDON UK N167EJ 981050476 FUNDRAISING UK 81737 1027 THE CORPORATION OF HAVERFORD THE WILLIAM MAUL MEASEY TRUST C/O HAVERFORD COLLEGE 370 LANCASTER HAVERFORD PA 19041 236002304 CHARITABLE TRUST PA THE CORPORATION OF HAVERFORD T 2157992 74194666 0.60000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1