2018-05-14T22:14:58-05:00 2017-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2016-07-01 580566243 SPELMAN COLLEGE % ROBERT D FLANIGAN JR SPEL 4046813643 350 SPELMAN LANE SW ATLANTA GA 30314 ROBERT D FLANIGAN JR VP BUS & FIN AFFAIRS 4042705072 2018-05-11 true WHITNEY E BLAIR P01226647 3362753394 2016 2022-09-23 18:48:47Z MARY SCHMIDT CAMPBELL 350 SPELMAN LANE SW ATLANTA GA 30314 196629786 false X WWW.SPELMAN.EDU X 1881 GA SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS. 28 25 1546 718 0 0 25405859 19285905 75034569 77664306 15443764 21066886 1193796 986998 117077988 119004095 17592015 17732320 0 0 50467612 51705860 54267 53406 3174912 45332411 44367729 113446305 113859315 3631683 5144780 546957215 565211933 99333541 95983293 447623674 469228640 X SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES, AND THE INTELLECTUAL, CREATIVE, ETHICAL AND LEADERSHIP DEVELOPMENT OF ITS STUDENTS. SPELMAN EMPOWERS THE WHOLE PERSON TO ENGAGE THE MANY CULTURES OF THE WORLD AND INSPIRES A COMMITMENT TO POSITIVE SOCIAL CHANGE. false false 46832543 17472928 55721784 INSTRUCTION FOUNDED IN 1881, SPELMAN COLLEGE IS A PRIVATE, NONPROFIT INSTITUTION OF HIGHER EDUCATION BASED IN ATLANTA, GEORGIA. THE COLLEGE IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND PROVIDES QUALITY LIBERAL ARTS EDUCATION AND TRAINING SERVICES FOR APPROXIMATELY 2,100 UNDERGRADUATE STUDENTS. IN ADDITION, THE COLLEGE MAINTAINS SPECIAL PROGRAMS SUCH AS CONTINUING EDUCATION, SUMMER SCIENCE AND DUAL DEGREES IN ENGINEERING. 16155725 21942522 AUXILIARY ENTERPRISES AS A RESIDENTIAL LIBERAL ARTS COLLEGE, SPELMAN COLLEGE PROVIDES ON CAMPUS HOUSING FOR APPROXIMATELY 1,400 STUDENTS. SPELMAN ALSO PROVIDES DINING SERVICES TO ITS RESIDENTIAL STUDENTS, AS WELL AS COMMUTER STUDENTS, FACULTY, STAFF AND OTHERS. SPELMAN OPERATES A 500 SPACE PARKING DECK FOR FACULTY, STAFF, AND STUDENTS. ADDITIONALLY, SPELMAN OFFERS A VARIETY OF SUMMER CONFERENCES FOR HIGH SCHOOL STUDENTS AND OTHER INTERESTED STUDENTS. 5657386 RESEARCH SPELMAN COLLEGE PERFORMS RESEARCH, TRAINING AND OTHER SIMILAR SERVICES UNDER GRANTS WITH GOVERNMENTAL AGENCIES OR SPONSORING ORGANIZATIONS. 277462 PUBLIC SERVICE 7828709 ACADEMIC SUPPORT 11529590 259392 STUDENT SERVICES 19635761 259392 986998 88281415 true true false true false false false true false true true true false false true true false true true false true false false true false false false true true true true false false false false false false false false false false true false false false false true true false false false true 4499 0 true 1546 true false false false false false false false false false false X 28 25 false false false false false false false true true false false true true true true true true true true false GA NY X ROBERT D FLANIGAN JR 4042705072 350 SPELMAN LANE SW ATLANTA GA 30314 X WALTER R ALLEN TRUSTEE 2.0 0.0 X 0 0 0 CLAIRE ARNOLD TRUSTEE 2.0 0.0 X 0 0 0 THEODORE R ARONSON TRUSTEE 2.0 1.0 X 0 0 0 ROSALIND G BREWER CHAIR 2.0 0.0 X X 0 0 0 MARY BROCK TRUSTEE 2.0 0.0 X 0 0 0 JANINE BROWN TRUSTEE 2.0 0.0 X 0 0 0 THOMAS H CASTRO TRUSTEE 2.0 0.0 X 0 0 0 DONALD A COLEMAN TRUSTEE 2.0 0.0 X 0 0 0 KIMBERLY B DAVIS SECRETARY 2.0 0.0 X X 0 0 0 MARY LYNNE DIGGS ALUMNA TRUSTEE 2.0 0.0 X 0 0 0 CYNTHIA E JACKSON TRUSTEE 2.0 0.0 X 0 0 0 RICHARD D LEGON TRUSTEE 2.0 0.0 X 0 0 0 GWENDOLYN ADAMS NORTON TRUSTEE 2.0 0.0 X 0 0 0 LOVETTE T RUSSELL TRUSTEE 2.0 0.0 X 0 0 0 SUZANNE F SHANK TRUSTEE 2.0 0.0 X 0 0 0 RONDA E STRYKER VICE CHAIR 2.0 0.0 X X 0 0 0 KATHY N WALLER TRUSTEE 2.0 0.0 X 0 0 0 CELESTE WATKINS-HAYES VICE CHAIR 2.0 0.0 X X 0 0 0 Pamela Joseph TRUSTEE 2.0 1.0 X 0 0 0 Gena Hudgins Ashe TRUSTEE 2.0 0.0 X 0 0 0 Kaye Foster TRUSTEE 2.0 0.0 X 0 0 0 Mya Havard STUDENT TRUSTEE 5.0 0.0 X 1160 0 0 MARK LEE FACULTY TRUSTEE 35.0 0.0 X 94670 0 17362 D'RITA ROBINSON TRUSTEE 2.0 0.0 X 0 0 0 MARY SCHMIDT CAMPBELL PRESIDENT 35.0 1.0 X X 424028 0 96745 HELEN SMITH PRICE TRUSTEE 2.0 0.0 X 0 0 0 LOREN ROBINSON TRUSTEE 2.0 0.0 X 0 0 0 COLLEEN TAYLOR TRUSTEE 2.0 0.0 X 0 0 0 ROBERT D FLANIGAN JR VP BUS & FIN AFFAIRS/TREASURER 35.0 15.0 X 334670 0 47812 DELORES BARTON VP & CHIEF INFORMATION OFFICER 35.0 0.0 X 166867 0 30181 MYRA BURNETT INTERIM PROVOST 35.0 0.0 X 203482 0 43999 DARNITA KILLIAN VP FOR STUDENT AFFAIRS 35.0 0.0 X 171510 0 37657 INGRID HAYES VP FOR ENROLLMENT MANAGEMENT 35.0 0.0 X 157732 0 34202 JANE SMITH VP FOR COLLEGE RELATIONS 35.0 0.0 X 162239 0 27673 JESSIE BROOKS VP INSTITUTIONAL ADVANCEMENT 35.0 0.0 X 34060 0 3399 JOHNNELLA BUTLER PROVOST 35.0 0.0 X 188635 0 20167 RHONDA HONEGAN DIR OF INVESTMENTS 35.0 0.0 X 148958 0 29150 BERNADETTE COHEN DIR OF HUMAN RESOURCES 35.0 0.0 X 151534 0 27988 HELGA GREENFIELD ASSOC DIR OF GOV'T RELATIONS 35.0 0.0 X 154815 0 28376 TERRI REED SECRETARY OF THE COLLEGE 35.0 0.0 X 198098 0 37670 BEVERLY TATUM FORMER PRESIDENT 0.0 0.0 X 393548 0 87913 2986006 0 570294 42 true true false ARAMARK DINING SERVICES CAMPUS BOX 1109 350 SPELMAN LANE SW ATLANTA GA 303144395 FACILITY SERVICES 4672358 ARAMARK FACILITY SERVICES CAMPUS BOX 1109 350 SPELMAN LANE SW ATLANTA GA 303144395 FACILITY SERVICES 1296069 CHESAPEAKE ASSET MANAGEMENT LLC ONE ROCKEFELLER PLAZA SUITE 2321 NEW YORK NY 10020 INVESTMENT MANAGERS 1081266 MARSH USA INC 116 AVENUE OF THE AMERICAS NEW YORK NY 100362708 INSURANCE SERVICES 1120028 The Winter Construction Company 191 Peachtree St NE Ste 2100 ATLANTA GA 303031770 CONSTRUCTION 3146095 28 7235315 12050590 120407 19285905 TUITION AND FEES 900099 55721784 55721784 AUXILARY ENTERPRISES 900099 21942522 21942522 77664306 2904082 2904082 0 0 0 0 0 95788495 77625691 18162804 18162804 18162804 0 0 0 0 0 0 0 0 0 OTHER MISCELLANEOUS 900099 986998 986998 986998 119004095 78651304 21066886 259392 259392 17472928 17472928 0 0 2171327 761847 1101814 307666 673211 673211 37754786 29782821 6327545 1644420 1975260 1491976 389119 94165 6309310 4765619 1242912 300779 2821966 2131520 555917 134529 0 593212 164 593048 288246 6099 282147 60658 60658 53406 53406 1571398 1571398 7149759 5646373 1490563 12823 0 3843038 2961682 717985 163371 0 0 4100773 3547836 552937 2273237 1817686 337879 117672 0 0 2665643 1709791 955852 0 5316375 3920183 1396192 1668679 1455292 213387 CLEANING EXPENSES 1230650 1019280 211370 AUC LIBRARY 2934841 2582277 352564 REPAIRS AND MAINTENANCE 2286643 1680483 599698 6462 SPECIAL PROJECTS 3968208 2961745 709798 296665 4416369 2306421 2066994 42954 113859315 88281415 22402988 3174912 0 0 22461440 25729033 8444408 5917349 1913614 1721247 0 0 0 0 0 0 0 0 0 0 274624738 111393147 164439620 163231591 31505476 52026988 315475696 314199720 1471839 1371996 0 0 1245122 1014009 546957215 565211933 10896101 13347782 0 0 1090161 659171 85530131 80359815 0 0 0 0 0 0 213610 0 1603538 1616525 99333541 95983293 X 138422740 145416445 186485605 199777921 122715329 124034274 447623674 469228640 546957215 565211933 X 5144780 16460996 -810 X false true X true true true X 23251965 26128813 20391174 25405859 19285905 114463716 0 0 23251965 26128813 20391174 25405859 19285905 114463716 12741043 101722673 7071657 3646988 3704229 2676875 2904082 20003831 0 1096591 964918 1066804 1193796 986998 5309107 139776654 361222351 0.72775 0.72829 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 60658 60658 false SCHEDULE C, PART II-B, QUESTION 1I OTHER ACTIVITIES SPELMAN COLLEGE RETAINS A CONSULTANT, THE ESTELL GROUP, TO PROMOTE LEGISLATION WHICH WOULD PROVIDE SPELMAN COLLEGE WITH FEDERAL FUNDS FOR USE ON VARIOUS COLLEGE PROJECTS AND PROGRAMS. THE ESTELL GROUP WAS PAID $60,658 FOR THEIR SERVICES. X X X X X Curriculum enhancement & develop. true 348408394 1318945 37414084 0 19257293 367884130 365029335 2951117 187050 0 19759108 348408394 368648473 3027282 17084644 0 23731064 365029335 328779797 2010658 56724046 0 18866028 368648473 310081185 3526371 34925196 0 19752955 328779797 0.16790 0.33720 0.49490 false true true 14687723 14687723 203031613 69848537 133183076 29904397 27662458 2241939 27001006 13882153 13118853 163231591 SHORT-TERM INVESTMENTS 4878511 F FIXED INCOME 26157526 F NON U.S. EQUITY 51737400 F MARKETABLE ALTERNATIVES 70230954 F REAL ASSETS 23024690 F PRIVATE EQUITY 138170639 F 314199720 0 ADVANCES FROM FEDERAL GOVERNMENT 1616525 1616525 X 117991353 16460996 16460996 101530357 17473738 17473738 119004095 96386387 96386387 17472928 17472928 113859315 SCHEDULE D, PART III, LINE 1A SFAS 116 THE ORGANIZATION ELECTED, AS PERMITTED UNDER SFAS 116, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THERE IS NO FINANCIAL STATEMENT FOOTNOTE DISCLOSURE THAT DESCRIBES THESE ITEMS. SCHEDULE D, PART V, QUESTION 4 INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS INVESTMENT IN A MIX OF SECURITIES TO PROVIDE SUFFICIENT INCOME TO SUPPORT THE COLLEGE'S OPERATIONS IN ACCORDANCE WITH DONOR WISHES, WHILE PRESERVING EQUITY. SCHEDULE D, PART III, LINE 4 ART COLLECTION THE COLLEGE'S PERMANENT COLLECTION OF ART -- INCLUDING HISTORICALLY SIGNIFICANT PAINTINGS, SCULPTURE, AND WORKS ON PAPER -- IS AN ACADEMIC RESOURCE THAT OFFERS STUDENTS, FACULTY, AND STAFF FIRST-HAND ENGAGEMENT WITH IMPORTANT ORIGINAL WORKS OF ART. OBJECT LESSONS, WORKSHOPS, CONSERVATION PROJECTS, EXHIBITIONS, AND THEMATIC PROGRAMS DEMONSTRATE THE VARIOUS WAYS THAT THE PERMANENT HOLDINGS ARE USED TO EXPAND, COMPLEMENT, AND ENHANCE THE ACADEMIC CURRICULUM. SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE COLLEGE REVIEWS ITS TAX POSITIONS ANNUALLY AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017 OR 2016. SCHEDULE D, PART XI, LINE 4B CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 810 STUDENT AID RECLASS 17,472,928 ----------- TOTAL 17,473,738 =========== SCHEDULE D, PART XII, LINE 4B STUDENT AID RECLASS 17,472,928 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 RACIALLY NONDISCRIMINATORY POLICY A STATEMENT OF THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS IN ACCORDANCE WITH THE PROVISIONS OF REV. PROC. 75-50. SCHEDULE E, LINE 6A FINANCIAL AID ASSISTANCE FROM GOVERNMENTAL AGENCY THE FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FEDERAL GOVERNMENT, STATE OF GEORGIA, AND OTHER STATES. OTHER ASSISTANCE IS RECEIVED FROM FEDERAL GOVERNMENT, STATE OF GEORGIA, AND CITY OF ATLANTA. true East Asia and the Pacific 0 0 Program Services STUDY ABROAD 41070 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 71585 South America 0 0 Program Services STUDY ABROAD 18644 Sub-Saharan Africa 0 0 Program Services FINE ARTS 30000 0 0 0 0 161299 161299 true false true true false false SCHEDULE F, PART I, LINE 2 STUDENT FINANCIAL AID STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. ADJUSTMENTS ARE MADE WHEN APPROPRIATE. X X X X X true COX CURRY ASSOCIATES FUNDRAISING CAMPAIGN false 28312 WASHBURN MCGOLDRICK INC CAMPAIGN CONSULTANTS false 25094 53406 GA NY true WHOLISTIC STRESS CONTROL INSTITUTE INC 2545 BENJAMIN E MAYS DR SW ATLANTA ATLANTA GA 30311 581786170 501(C)(3) 239182 N/A N/A SUB-CONTRACT MOREHOUSE COLLEGE 830 WESTVIEW DR SW ATLANTA GA 30314 580566205 501(C)(3) 20210 N/A N/A See Part IV 2 STUDENT FINANCIAL AID 1679 17472928 N/A N/A Schedule I, Part I, LINE 2 AND PART III Student Financial Aid STUDENT FINANCIAL AID AWARDS ARE AWARDED TO STUDENTS BY THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES. AWARDS ARE BASED ON A NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, SCHOLARLY ACHIEVEMENT, DEMONSTRATED FINANCIAL NEED, AND ACADEMIC INTERESTS. FUNDS ARE PROVIDED BY SOURCES SUCH AS FEDERAL AND STATE GOVERNMENTS; PRIVATE DONORS SUCH AS CORPORATIONS, INDIVIDUALS AND FOUNDATIONS; THE COLLEGE'S ENDOWED FINANCIAL AID FUNDS; AND THE COLLEGE'S OPERATING BUDGET. FINANCIAL AID AWARDS ARE MADE UP TO A LIMIT OF THE STUDENT'S FINANCIAL NEED. INDIVIDUAL AWARDS ARE MONITORED EXTENSIVELY IN ORDER TO ENSURE THAT STUDENTS ARE MAKING SATISFACTORY ACADEMIC PROGRESS AND THAT THEY DO NOT RECEIVE MORE THAN THEIR DEMONSTRATED NEED. ADJUSTMENTS ARE MADE WHEN APPROPRIATE. Schedule I, Part II, Line 2 Morehouse College Grant Reimbursement for course Release for Dr. Kinnis Gosha to assist Dr. Brandeis Marshall with project activities related to NSF Grant entitled "Targeted Infusion Project:Data Science Extension". X X X true true X X X X X X false true false false false false false false false BEVERLY TATUM FORMER PRESIDENT 375548 0 0 0 18000 0 77890 0 10023 0 481461 0 0 0 ROBERT D FLANIGAN JR VP BUS & FIN AFFAIRS/TREASURER 334670 0 0 0 0 0 18550 0 29262 0 382482 0 0 0 JOHNNELLA BUTLER PROVOST 188635 0 0 0 0 0 10266 0 9901 0 208802 0 0 0 DELORES BARTON VP & CHIEF INFORMATION OFFICER 166867 0 0 0 0 0 11799 0 18382 0 197048 0 0 0 MYRA BURNETT INTERIM PROVOST 203482 0 0 0 0 0 14525 0 29474 0 247481 0 0 0 RHONDA HONEGAN DIR OF INVESTMENTS 148958 0 0 0 0 0 11235 0 17915 0 178108 0 0 0 DARNITA KILLIAN VP FOR STUDENT AFFAIRS 171510 0 0 0 0 0 12261 0 25396 0 209167 0 0 0 INGRID HAYES VP FOR ENROLLMENT MANAGEMENT 157732 0 0 0 0 0 11197 0 23005 0 191934 0 0 0 JANE SMITH VP FOR COLLEGE RELATIONS 162239 0 0 0 0 0 11235 0 16438 0 189912 0 0 0 BERNADETTE COHEN DIR OF HUMAN RESOURCES 151534 0 0 0 0 0 10815 0 17173 0 179522 0 0 0 HELGA GREENFIELD ASSOC DIR OF GOV'T RELATIONS 154815 0 0 0 0 0 10625 0 17751 0 183191 0 0 0 MARY SCHMIDT CAMPBELL PRESIDENT 424028 0 0 0 0 0 43550 0 53195 0 520773 0 0 0 TERRI REED SECRETARY OF THE COLLEGE 198098 0 0 0 0 0 14035 0 23635 0 235768 0 0 0 SCHEDULE J, PART I, LINE 1A HEALTH/SOCIAL CLUB DUES SOCIAL CLUB DUES WERE PAID FOR SCHMIDT-CAMPBELL IN THE AMOUNT OF $1,705. THE VALUE OF THESE DUES WAS NOT TREATED AS TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE HOUSING VALUED AT $29,035 WAS PROVIDED TO SCHMIDT-CAMPBELL. THE VALUE OF THE HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. PERSONAL SERVICES A DRIVER WAS PROVIDED TO SCHMIDT-CAMPBELL. THE VALUE WAS NOT TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4B PRESIDENT'S OTHER REPORTABLE COMPENSATION BEVERLY DANIEL TATUM'S OTHER REPORTABLE COMPENSATION IS COMPOSED OF $18,000 WHICH IS DEFERRED COMPENSATION PAYABLE IN ACCORDANCE WITH HER EMPLOYMENT CONTRACT. BEVERLY DANIEL TATUM'S RETIREMENT AND DEFERRED COMPENSATION IS COMPOSED OF $59,340 WHICH IS FORFEITURE DEFERRED COMPENSATION PAYABLE IN ACCORDANCE WITH HER EMPLOYMENT CONTRACT. MARY SCHMIDT CAMPBELL'S RETIREMENT AND DEFERRED COMPENSATION REPORTED ON PART II, COLUMN C IS COMPRISED OF $43,550, WHICH IS 457(B) AND 457(F) FORFEITURE DEFERRED COMPENSATION PAYABLE IN ACCORDANCE WITH HER EMPLOYMENT CONTRACT. A PRIVATE COLLEGES & UNIVERSITIES AUTHORITY 581407790 74265LQB7 2003-01-30 30800673 SEE PART VI false false false A 8950000 17010000 31540044 0 1174857 0 487968 0 0 23664199 6213020 0 2007 false true true true A false false true true false 0 false false false true A true false false 0 false 0 true true A false DESCRIPTION OF PURPOSE SCHEDULE K, PART I, COLUMN F PRIVATE COLLEGES & UNIVERSITY AUTHORITY: A- 1. CONSTRUCTION, RENOVATIONS AND EQUIPPING OF COLLEGE FACILITIES; 2003 PROCEEDS USED: $23,660,980. 2. ADVANCE REFUNDING OF A PORTION OF PRIVATE COLLEGE AND UNIVERSITIES REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1994, ISSUANCE DATE: JULY 21, 1994; 2003 PROCEEDS USED: $6,213,020. DEVELOPMENT AUTHORITY OF FULTON COUNTY: A - REISSUANCE OF DEVELOPMENT AUTHORITY OF FULTON COUNTY ADJUSTABLE RATE DEMAND REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1999 (TRACKED AS CURRENT REFUNDING); ISSUE DATE: NOVEMBER 19, 1999. B - 1. ADVANCE REFUNDING OF A PORTION OF PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY SPELMAN COLLEGE REVENUE BONDS, SERIES 2003. ISSUANCE DATE: JANUARY 30, 2003; PROCEEDS USED - 18,272,757. 2. CURRENT REFUNDING OF A COMMERCIAL NOTE, DATED OCTOBER 29, 2008; PROCEEDS USED - 6,424,005; ISSUED TO FUND COSTS OF A NEW DORMITORY, CAMPUS LANDSCAPE PROJECTS, AND CAMPUS INFRASTRUCTURE 3. CURRENT REFUNDING OF A COMMERCIAL NOTE, DATED FEBRUARY 28,2010; PROCEEDS USED - 3,192,547; ISSUED TO ACQUIRE LAND FOR CAMPUS EXPANSION. C - ADVANCE REFUNDING OF A PORTION OF THE DEVELOPMENT AUTHORITY OF FULTON COUNTY SPELMAN COLLEGE REVENUE BONDS, SERIES 2007; ISSUANCE DATE: MARCH 21, 2007; PROCEEDS USED - 59,682,865. TOTAL PROCEEDS OF ISSUE SCHEDULE K, PART II, LINE 3 DEVELOPMENT AUTHORITY OF FULTON COUNTY: A - THIS WAS A REISSUANCE OF THE SERIES 1999 BONDS AND NO CASH PROCEEDS WERE GENERATED. NO INFORMATION IS REPORTED IN PART III AS THIS WAS A CURRENT REFUNDING OF A PRE-2003 BOND ISSUE. OTHER SPENT PROCEEDS SCHEDULE K, PART II, LINE 11 DEVELOPMENT AUTHORITY OF FULTON COUNTY: B - THE PROCEEDS OF 9,616,557 WERE APPLIED TO THE CURRENT REFUNDING OF TWO NOTES. SCHEDULE K, PART III, LINE 3C DEVELOPMENT AUTHORITY OF FULTON COUNTY: A, B, AND C: BOND COUNSEL REVIEWS THIRD-PARTY CONTRACTS IN CONNECTION WITH THE ISSUANCE OF THE COLLEGE'S BONDS (WHICH HAVE OCCURRED IN 1988, 1994, 1996, 1999, 2003, 2015). PRIVATE COLLEGES & UNIVERSITIES AUTHORITY: A: BOND COUNSEL REVIEWS THIRD-PARTY CONTRACTS IN CONNECTION WITH THE ISSUANCE OF THE COLLEGE'S BONDS (WHICH HAVE OCCURRED IN 1988, 1994, 1996, 1999, 2003, 2007). SCHEDULE K, PART IV, LINE 2C DEVELOPMENT AUTHORITY OF FULTON COUNTY: A - REBATE COMPUTATION WAS PERFORMED 9/21/09. B - REBATE COMPUTATION WAS PERFORMED 4/19/17. A DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 000000000 2009-09-01 6100000 SEE PART VI false false false B DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 3599002LO 2012-04-19 28349973 SEE PART VI false false false C DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 3599006W2 2015-04-21 60338401 SEE PART VI false false false A 3400000 0 6100000 0 0 0 0 0 0 0 0 0 2004 true false true true B 9795000 0 28349973 0 0 18272757 460658 0 0 0 9616557 0 2012 true true true true C 0 0 60338401 0 0 59682865 655536 0 0 0 0 0 2009 false true true true A 0 B false false true true false 0.00470 0.00470 true false false true C false false true true false 0.02420 0.02420 true false false true A false true true false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true A false B false C false X 12 113600 FMV X SEE PART II 3 6807 FMV false true true SCHEDULE M, PART I, QUESTIONS 25-27 OTHER NON-CASH CONTRIBUTIONS DONATIONS OF VARIOUS ITEMS: SPECIAL EVENTS SPONSORSHIP AND MISCELLANEOUS. FAIR MARKET VALUED AT $6,807. SCHEDULE M, PART I, QUESTION 32A THIRD PARTIES SPELMAN COLLEGE USES THIRD PARTY STOCK BROKERS TO PROCESS NON-CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION B, QUESTION 11 FORM 990 REVIEW PROCESS A REPRESENTATIVE OF KPMG WILL PRESENT THE 990 TO THE BUDGET AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BUDGET AND FINANCE COMMITTEE WILL PRESENT THE DRAFT 990 TO THE FULL BOARD OF TRUSTEES. THE FINAL COPY OF THE 990 WILL BE PLACED ON THE TRUSTEES INTRANET FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, QUESTION 12C CONFLICT OF INTEREST POLICY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE UPON THEIR INITIAL HIRING. THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK. IF HUMAN RESOURCES BECOMES AWARE OF A CONFLICT, THE EMPLOYEE IS NOTIFIED AND REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT, WHICH IS FILED IN THE EMPLOYEE'S PERSONNEL FILE. ALL TRUSTEES, BOARD REPRESENTATIVES AND SENIOR TEAM MEMBERS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED AND A SUMMARY IS PROVIDED TO THE SECRETARY OF THE BOARD. FORM 990, PART VI, SECTION B, QUESTIONS 15A AND 15B PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION OF THE COLLEGE'S PRESIDENT IS DETERMINED AS FOLLOWS: COMPARABILITY STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTANT. IT IS THE COLLEGE'S GOAL THAT THE PRESIDENT'S COMPENSATION BE IN THE 50TH-75TH PERCENTILE OF THE COLLEGES AND UNIVERSITIES USED IN THE COMPARABILITY SURVEY. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE RECOMMENDATIONS MADE BY THE COMPENSATION CONSULTANT AND MAKES A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD OF TRUSTEES VOTES ON THE PRESIDENT'S COMPENSATION PACKAGE. WITH RESPECT TO OTHER OFFICERS AND KEY EMPLOYEES, THE COMPENSATION OF THESE INDIVIDUALS IS DETERMINED BY THE PRESIDENT. THE PRESIDENT RECOMMENDS THE COMPENSATION FOR THESE INDIVIDUALS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION. FOR THESE INDIVIDUALS, COMPENSATION STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY FIRM OR THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, QUESTION 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC SPELMAN COLLEGE DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HOWEVER, DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 9 OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF SPLIT INTEREST TRUSTS (810) COLLEGIATE PROPERTY DEVELOPMENT COMPANY 350 SPELMAN LANE SW ATLANTA GA 30314 311636865 ACQUIRE PROP GA 501(c)(2) N/A NA true SPELMAN COLLEGE SPECIAL VENTURES FUND 350 SPELMAN LANE SW ATLANTA GA 30314 581561343 INVESTMENTS GA 501(C)(3) 12A-I NA true false false false false false false false false false false false false false false false false false false true SPELMAN COLLEGE SPECIAL VENTURES FUND INC S 16433161 COST