2019-05-14T18:45:04-05:00 2018-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2017-07-01 951664123 Scripps College SCRI 9096218043 1030 Columbia Avenue Claremont CA 91711 Mia Alonzo Controller 9096070689 2019-05-14 1 Tracy Paglia P00366884 2099556100 2019-05-14 12.129.7.100 2019-05-14 16:00:46 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 BE861C6778D90A5D3E7861ABDDE45BE6309F51A4 2017 2019-02-21 02:37:17Z Larissa Tiedens 1030 Columbia Avenue Claremont CA 91711 363685577 0 X www.scrippscollege.edu X 1926 CA Scripps College ("Scripps") is an independent, liberal arts, undergraduate college for women. 40 39 1315 500 -1544443 -1556281 11981527 15574364 68735874 72911888 13343080 22504638 54404 -342620 94114885 110648270 16980118 18588041 0 0 31747791 31816899 0 0 3830612 36894556 39915590 85622465 90320530 8492420 20327740 551581397 593196174 88286194 100919925 463295203 492276249 To educate women to develop their intellect and talents through active participation in a community of scholars, so that as graduates they may contribute to society through public and private lives of leadership, service, integrity and creativity. 0 0 78168545 18588041 72911888 Scripps College ("Scripps") is an independent, liberal arts college for women with a distinctive interdisciplinary core curriculum offering instruction in the humanities, fine arts, and the natural and social sciences. Scripps has an enrollment of approximately 1,050 students. Founded in 1926, the campus is on the National Register of Historic Places. Its mission is to educate women to develop their intellect and talents through active participation in a community of scholars, so that as graduates they may contribute to society through public and private lives of leadership, service, integrity and creativity. 78168545 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 X 1442 0 1 1315 1 1 1 1 CJ VI SW 0 0 0 0 0 0 0 0 X 40 39 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Avenue Claremont CA 91711 Larissa Tiedens President 40.00 1.00 X X 511688 0 86698 Mark Herron Chair 4.00 2.00 X X 0 0 0 Fran Scoble Co-Chair 2.00 X X 0 0 0 Betsy Weinberg Smith Co-Chair 2.00 X X 0 0 0 Kendra Armer Trustee 1.00 X 0 0 0 Joanne Blauer Trustee 1.00 X 0 0 0 Lucinda Bowen Smith Trustee 2.00 X 0 0 0 Bob Breech Trustee 2.00 X 0 0 0 Lynne Brickner Trustee 1.00 X 0 0 0 Ellen Clark Brown Trustee 2.00 X 0 0 0 Angelica Clark Trustee 2.00 X 0 0 0 Chalan Colby Trustee 1.00 X 0 0 0 Deborah David Trustee 2.00 X 0 0 0 Libby DeMeo Trustee 2.00 X 0 0 0 Sneha Deo Trustee 1.00 X 0 0 0 Devanie Donez Trustee 2.00 X 0 0 0 Michele-Anne Ebe-Riley Trustee 1.00 X 0 0 0 Patricia Fechner Trustee 2.00 X 0 0 0 Laura Hockett Trustee 2.00 X 0 0 0 Joan Isaacs Trustee 1.00 X 0 0 0 Trish Jackson Trustee 2.00 X 0 0 0 Don Johnson Trustee 1.00 X 0 0 0 Christophe Jungels-Winkler Trustee 1.00 X 0 0 0 Nancy Katayama Trustee 2.00 X 0 0 0 David Lahar Trustee 2.00 X 0 0 0 Jennifer McDonnell Trustee 2.00 X 0 0 0 Suzanne Muchnic Trustee 1.00 X 0 0 0 Pamela Ng Trustee 1.00 X 0 0 0 Gale Picker Trustee 2.00 X 0 0 0 Hugh Ralston Trustee 1.00 X 0 0 0 Dwan Reece Trustee 1.00 X 0 0 0 Carolyn Revelle Trustee 1.00 X 0 0 0 Kalpana Rhodes Trustee 2.00 X 0 0 0 Mac Riley Trustee 1.00 X 0 0 0 Bob Sacks Trustee 2.00 X 0 0 0 Tori Sepand Trustee 1.00 X 0 0 0 Lynne Thompson Trustee 2.00 X 0 0 0 Roxanne Wilson Trustee 1.00 X 0 0 0 Linden Wise Trustee 2.00 X 0 0 0 Bonnie Wozencroft Trustee (Thru 6/30/18) 1.00 X 0 0 0 Carolyn Wu Trustee 1.00 X 0 0 0 Amy Marcus-Newhall VP/Dean of Faculty 40.00 X 325155 0 58089 Mia Alonzo Controller 4.00 20.00 X 0 145807 37061 Dean Calvo VP/Business Affairs/Treasurer 40.00 X 331332 0 64692 Denise Nelson Nash VP/Secretary of the Board 40.00 X 268916 0 33851 Michael Archibald VP for Institional Advancement 40.00 X 333787 0 46818 Binti Harvey VP Mkt & Comm Officer 40.00 X 233059 0 33339 Charlotte Johnson VP/Dean of Students 40.00 X 274819 0 73358 Victoria Romero VP for Admissions 40.00 X 243607 0 31971 Myriam Chancy Faculty 40.00 X 192548 0 29281 Lisa Watson Director of Laspa Center 40.00 X 175559 0 28264 Nancy Macko Faculty 40.00 X 153445 0 28056 Megan Callaway Assist VP of Institional Advancement 40.00 X 161257 0 34578 Marina Perez de Mendiola Faculty 40.00 X 151701 0 17898 Julia Liss Former VP Acad Affairs/ Faculty 0.00 X 135043 0 17972 3491916 145807 621926 59 1 1 0 KAR Construction Inc 1306 W Brooks Street Ontario CA 917623611 Construction 8334977 Sodexo Inc 1000 El Camino Real Atherton CA 94027 Food Service 2527344 SJ Amoroso Construction Co Inc 390 Bridge Parkway Redwood Shores CA 94065 Construction 1841989 Brian R Bloom 350 South Milliken Avenue Suite G Ontario CA 917617844 Architect 923276 Cambridge Associates LLC 100 Summer Street Boston MA 02110 Investment Management 828496 19 294770 15279594 2079559 15574364 Tuition, Room & Board 611600 71849281 71849281 Co-Curricular Op. 611600 289571 289571 Fed Grants & Contracts 611600 272518 272518 Summer Programs 611600 245457 245457 255061 255061 72911888 517747 -1544443 2062190 5527 5527 222064 582787 -360723 -360723 -360723 274359231 62085 252434425 0 21924806 62085 21986891 21986891 32671 20095 12576 12576 110648270 72911888 -1544443 23706461 18588041 18588041 2403777 1087737 918173 397867 22387315 19492709 1016307 1878299 2372367 2019231 118519 234617 2924065 2187255 503651 233159 1729375 1413664 136461 179250 39025 39025 328694 163488 164983 223 166759 166759 1548257 1548257 3420332 2782209 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11981527 15574364 70845310 12486277 22436909 8366233 11981527 15574364 70845310 11873463 58971847 3033161 1209410 2329540 2550202 2289881 11412194 82257504 322502966 0.71690 0.65150 X 130529 20246853 0 0 X X X X 0 343168437 10773523 30827561 3644348 12345027 891614 367888532 306329587 7873176 45969974 3770792 12394008 839500 343168437 319689313 5821255 -2604739 3610780 12223584 741878 306329587 318406736 15169982 1744142 3405702 11333892 891953 319689313 287855306 6331133 39739102 3409059 11279856 829890 318406736 0.08570 0.48540 0.42890 1 0 11676023 11676023 630000 182428681 62302032 120756649 15351341 11696055 3655286 6094746 3329542 2765204 138853162 Growth oriented hedge funds 7266377 F Diversifying hedge funds 48256700 F Private equity 105005641 F Other assets 521032 C 161049750 Life income and annuities payable 3645390 Government advances for student loans 265160 Funds held in trust for others 92585 Asset retirement obligation 1011926 5015061 X 100434507 6754096 2502091 9256187 91178320 1548257 17921693 19469950 110648270 71453461 602881 602881 70850580 1548257 17921693 19469950 90320530 Part III, Line 4: Scripps' collection of art and rare books enrich the teaching of art and humanities at the College, as well as, the cultural community of the Claremont Colleges and environs. Part V, Line 4: Scripps invests its endowment with the objective to preserve and enhance its purchasing power to support the core mission of the College. The Board of Trustees has adopted a spending policy for pooled investments whereby the amount of investment return available for current operations is determined by applying 4.9% and 5.2% to the twenty-quarter average market value of pooled investments for the years ended June 30, 2018 and 2017, respectively. Part X, Line 2: The objective of the College is to maintain and conduct a 501(c)(3) nonprofit educational institution. The primary purpose of accounting and reporting is the recording of resources received and applied rather than the determination of net income. The College had no uncertain tax positions and/or obligations at June 30, 2018 and 2017. Part XI, Line 2d - Other Adjustments: Unrelated Business Loss from Alternative Investments 1,544,443. Actuarial Adjustment of Annuity and Life Income Liabilities 354,767. Rental Expense 582,787. Cost of Goods Sold 20,094. Part XI, Line 4b - Other Adjustments: Student Financial Aid 17,921,693. Part XII, Line 2d - Other Adjustments: Rental Expense 582,787. Cost of Goods Sold 20,094. Part XII, Line 4b - Other Adjustments: Student Financial Aid 17,921,693. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The racial nondiscrimination policy is stated in brochures, the college catalog, and is accessible on the college web-site. Schedule E, Part I, Line 6 The college participates in the following federal programs: Federal Supplemental Educational Opportunity; Federal Family Education Loans; Federal Work-Study Program; Federal Perkins Loans; Federal Pell Grant Program. Central America and the Caribbean 0 0 Investments 129648917 Europe 0 0 Investments 1733373 0 0 0 0 0 0 131382290 0 131382290 1 0 1 0 1 0 1 Student Financial Aid 603 17921693 SEOG 44 173924 Other Awards 328 492424 Part I, Line 2: Use of grant funds is monitored through student financial aid and billing process. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Larissa Tiedens President 511688 0 0 0 0 0 32400 0 54298 0 598386 0 0 0 Amy Marcus-Newhall VP/Dean of Faculty 325155 0 0 0 0 0 30350 0 27739 0 383244 0 0 0 Mia Alonzo Controller 0 145327 0 0 0 480 0 15905 0 21156 0 182868 0 0 Dean Calvo VP/Business Affairs/Treasurer 331332 0 0 0 0 0 32400 0 32292 0 396024 0 0 0 Denise Nelson Nash VP/Secretary of the Board 268916 0 0 0 0 0 27019 0 6832 0 302767 0 0 0 Michael Archibald VP for Institional Advancement 333787 0 0 0 0 0 30337 0 16481 0 380605 0 0 0 Binti Harvey VP Mkt & Comm Officer 233059 0 0 0 0 0 24107 0 9232 0 266398 0 0 0 Charlotte Johnson VP/Dean of Students 274819 0 0 0 0 0 27748 0 45610 0 348177 0 0 0 Victoria Romero VP for Admissions 243607 0 0 0 0 0 24668 0 7303 0 275578 0 0 0 Myriam Chancy Faculty 192548 0 0 0 0 0 23186 0 6095 0 221829 0 0 0 Lisa Watson Director of Laspa Center 175559 0 0 0 0 0 21224 0 7040 0 203823 0 0 0 Nancy Macko Faculty 153445 0 0 0 0 0 18522 0 9534 0 181501 0 0 0 Megan Callaway Assist VP of Institional Advancement 161257 0 0 0 0 0 19746 0 14832 0 195835 0 0 0 Marina Perez de Mendiola Faculty 151701 0 0 0 0 0 17414 0 484 0 169599 0 0 0 Julia Liss Former VP Acad Affairs/ Faculty 135043 0 0 0 0 0 17499 0 473 0 153015 0 0 0 Part I, Line 1a - All travel for companions of the President is approved by the Board. - The President's written contract includes housing as a condition of employment. It also includes monthly dues for one social club membership for the purpose of conducting college business. No personal social activities are conducted at the social club, therefore, the dues are not included in taxable income. Cleaning services to the President's house are provided as maintenance of a campus owned building, which is used for institutional events as well as being the personal residence of the President and family. No material services are performed in the private use portion of the residence, therefore, the value of the services is not included in taxable compensation. Part I, Line 4b President Larissa Tiedens participated in a supplemental non-qualified retirement plan. No payments were made during the calendar year. A California Municipal Finance Authority 201563466 000000000 2017-10-25 90000000 Financing and refinancing 0 0 0 A 82594562 232593 75331683 7262879 2017 1 1 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Schedule K, part I, line A, column (f): Description of Purpose: Financing and refinancing the acquisition, construction, improvement, rehabilitation, renovation, and equipping of certain educational facilities. Schedule K, Part II, Line 3 The difference is due to interest income and loss on investments. X 20 103600 FMV X 47 1974936 FMV X 1 1023 0 0 1 0 Form 990, Part VI, Section A, line 2 Mac Riley, a trustee, and Michele-Anne Ebe-Riley, a trustee, have a family relationship. Form 990, Part VI, Section B, line 11b Scripps utilizes a process for review of the IRS Form 990 Return of Organization Exempt From Income Tax (Form 990) that involves members of management as well as governing board members. Scripps has engaged an outside accounting firm to prepare the Form 990 using information provided by Financial Services, the Office of Human Resources, and the Treasurer's Office. Corrections are made as needed. Once a revised draft is available, it is reviewed by the Controller, Assistant Controller, Budget Financial Analyst, Assistant Vice President for Business Affairs/Assistant Treasurer, and the Vice President of Business Affairs/Treasurer. After this review and any resulting changes are complete, the revised draft Form 990 is provided to members of the Scripps Audit Committee of the Board of Trustees for questions and comments in mid-April. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee endorses the Form 990. The Form 990 with redacted Schedule B, Schedule of Contributors, is made available to all voting members of the Board of Trustees for their review prior to filing in early May. Schedule B is available for review by members of the Board of Trustees upon request. Form 990, Part VI, Section B, line 12c All officers, trustees and key employees sign a conflict of interest policy. Signed policies are reviewed by Assistant Vice President for Business Affairs/Assistant Treasurer, and any conflicts noted are followed up and reported to the Audit Committee. Form 990, Part VI, Section B, line 15 The compensation of the President of the College was approved by the Board of Trustees upon the recommendation of the Compensation Committee of the Board of Trustees. The responsibilities of the Compensation Committee include coordinating the annual evaluation of the President; coordinating a 360-degree performance evaluation of the President against specific competencies set by the Board at appropriate intervals; reviewing the goals and objectives set by the Board; recommending salary increases and compensation structure and packages for the President to the Board; reviewing external market trends in compensation of presidents of comparable colleges and their respective officers, key employees and disqualified persons; and advising the President on compensation structures for officers, key employees and disqualified persons and such other matters as shall be determined by the Board.The review of compensation of the officers or key employees was conducted by the President of the College, who solicited the advice and counsel of the Board of Trustees Compensation Committee, which reviews comparability data. Form 990, Part VI, Section C, line 19 - Audited financial statements, principles of community, Code of Conduct and Whistle-blower policy are available on the College's website and upon request from the Treasurer's Office. - Governing documents and conflict of interest policy are made available to the public upon request. Form 990, Part XI, line 9: Unrelated Business Loss from Alternative Investments 1,544,443. Actuarial Adjustment of Annuity and Life Income Liabilities 354,767. The Claremont Colleges Inc 101 S Mills Ave Claremont CA 91711 954786748 Provide academic and business services CA 501(c)(3) Line 12a, I N/A 0 Charitable Remainder Unitrusts (3) Holding Co CA Scripps College 1 Pooled Income Funds (1) Holding Co CA Scripps College 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0