2017-04-20T14:19:26-07:00 2016-06-30 990 2015-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 Academy St Kalamazoo MI 49006 James E Prince Vice President 2693377225 2017-04-20 2015 2021-01-29 14:40:06Z Jorge G Gonzalez 1200 Academy St Kalamazoo MI 49006 106403965 0 X www.kzoo.edu X 1833 MI The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. 34 33 1634 1200 80759 9331 13027691 9102959 67682582 69725912 9171988 6416085 514181 505255 90396442 85750211 33297386 35172084 0 0 31007307 36551327 82783 68970 3609920 20869563 21249515 85257039 93041896 5139403 -7291685 346355624 331497887 66958216 71501528 279397408 259996359 The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 0 0 82969229 35147084 69725912 Higher Education: The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned. and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. College enrollment for the fall quarter of 2015 was 1,443 students. 0 0 0 82969229 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 227 0 1 1634 1 1 1 1 FR GM KE SP 0 0 0 1 1 0 0 0 0 X 34 33 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AR CO KY MA MD MI NH NY OH OK OR SC WA X Catherine Bonnes 2693377228 1200 Academy Street Kalamazoo MI 49006 Charlotte H Hall Chair 2 0 X 0 0 0 James A Clayton Vice Chair 2 0 X 0 0 0 S Si Johnson Vice President 2 0 X 0 0 0 Eugene V N Bissell Treasurer 2 0 X 0 0 0 Amy S Courter Secretary 2 0 X 0 0 0 Hashem Akhavan-Tafti Trustee 2 0 X 0 0 0 Alexandra K Altman Trustee 2 0 X 0 0 0 Roger E Brownell Trustee 2 0 X 0 0 0 Jevon A Caldwell-Gross Trustee 2 0 X 0 0 0 Martha Campbell Trustee 2 0 X 0 0 0 Erin M P Charnley Trustee 2 0 X 0 0 0 Jody L Clark Trustee 2 0 X 0 0 0 Harold J Decker Trustee 2 0 X 0 0 0 Helen B Etkin Trustee 2 0 X 0 0 0 Gwen A Fountain Trustee 2 0 X 0 0 0 James N Heath Trustee 2 0 X 0 0 0 Paul S Levy Trustee 2 0 X 0 0 0 Alexander C Lipsey Trustee 2 0 X 0 0 0 Erin M Mazzoni Trustee 2 0 X 0 0 0 Hans P Morefield Trustee 2 0 X 0 0 0 Jody K Olsen Trustee 2 0 X 0 0 0 Brad O'Neill Trustee 2 0 X 0 0 0 Donald R Parfet Trustee 2 0 X 0 0 0 Gail A Raiman Trustee 2 0 X 0 0 0 Christopher P Reynolds Trustee 2 0 X 0 0 0 James A Robideau Trustee 2 0 X 0 0 0 Mary Beth Sarhatt Trustee 2 0 X 0 0 0 William R Stoeri Trustee 2 0 X 0 0 0 Jon L Stryker Trustee 2 0 X 0 0 0 Ronda E Stryker Trustee 2 0 X 0 0 0 Bonnie Wachter Swenby Trustee 2 0 X 0 0 0 Amy E Upjohn Trustee 2 0 X 0 0 0 Richard E Yehle Trustee 2 0 X 0 0 0 Eileen B Wilson-Oyelaran President 40 0 X X 377648 0 53026 Albert DeSimone VP College Advancement 40 0 X 197886 0 72815 Michael A McDonald Provost 40 0 X 190383 0 20019 James E Prince VP Business and Finance 40 X 186667 0 35223 Sarah Westfall VP Student Dev/Dean of Students 40 0 X 145423 0 24930 Lisa Brock Academic Director, Arcus Center for Social Justice Leadership 40 0 X 151966 0 17441 David Barclay Professor of History 40 0 X 140590 0 35560 Gregory Diment Associate Provost IS 40 0 X 128045 0 29316 Paul Manstrom Associate VP Facilities Management 40 0 X 128012 0 30053 Paul Sotherland Assessment Assistant to the Provost 40 0 X 121964 0 30254 1768584 0 348637 23 0 1 0 Owen-Ames-Kimball Co 300 Ionia Ave NW Grand Rapids MI 49503 Construction Contractor 4180151 Creative Dining Services One Royal Park Dr Ste 3 Zeeland MI 49464 Campus Food Services 2982494 Royall & Company 1920 E Parham Rd Richmond VA 23228 Student Marketing Program 362845 TMP Architecture Inc 1191 W Square Lake Dr Bloomfield Hills MI 48302 Architectural Design 332574 AVB Construction LLC 4200 West Centre Portage MI 49024 Construction Contractor 263126 7 0 0 24845 0 241899 8836215 490767 9102959 Tuition and fees 611310 61513258 61513258 0 0 Room and board 611310 6680807 6680807 0 0 Other revenue 611310 1531847 1447811 84036 0 0 0 0 0 69725912 1885242 0 -15699 1900941 0 0 0 0 0 0 0 0 337683 0 125033 0 212650 0 212650 0 0 212650 24567088 6899 19781234 261910 4785854 -255011 4530843 0 0 4530843 20364 24845 21948 -1584 0 -1584 0 0 0 0 0 0 757818 463629 294189 0 12422 281767 0 85750211 69641876 80759 6924617 25000 25000 35147084 35147084 0 0 0 0 1336636 405667 675882 255087 0 0 0 0 24366393 19387866 3026455 1952072 1776875 1478372 153784 144719 7453456 5313779 1554817 584860 1617967 1325459 155321 137187 0 0 0 0 190106 0 190106 0 104330 0 104330 0 0 0 0 0 68970 68970 352479 0 352479 0 1230915 976993 228484 25438 152696 86952 56505 9239 2254559 1474876 635062 144621 706186 338377 357809 10000 0 0 0 0 2096432 1964791 93066 38575 1499862 1224840 169434 105588 0 0 0 0 922912 702560 135726 84626 1231239 1023555 207684 0 0 0 0 0 3041600 2948353 46623 46624 232260 224502 3879 3879 Study Abroad 3515364 3515364 0 0 Food Services 2889856 2889856 0 0 Indirect Cost Allocation 0 2445923 -2399468 -46455 UBIT 5000 0 5000 0 823719 69060 709769 44890 93041896 82969229 6462747 3609920 18859805 12166065 17560129 9802005 521781 656408 0 0 0 0 7253532 7337385 635295 636229 1059137 1000931 141293374 61443026 75491672 79850348 153327857 152247516 71646416 67801000 0 0 0 346355624 331497887 3117481 5071638 0 0 510136 455812 32375000 31265000 0 0 0 0 0 0 0 1000000 30955599 33709078 66958216 71501528 X 89341742 89763097 70904676 48315892 119150990 121917370 279397408 259996359 346355624 331497887 -7291685 -12109364 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 219847239 3209502 -5673733 2181749 8074541 352479 206774239 222047672 4981772 2319621 1997614 7137135 367077 219847239 192294969 6669948 31728379 1849014 6433477 363133 222047672 169495896 10482875 20286899 1507335 6055497 407869 192294969 155218448 22396461 -1298112 1462196 4987365 371340 169495896 0.22 0.58 0.2 0 1 1 0 2530770 2530770 0 96388267 40304163 56084104 0 0 0 0 0 26265476 19700042 6565434 0 16108861 1438821 14670040 79850348 Hedge Funds 46382572 F Private Equity Funds 10044625 F Charitable Remainder Trusts & Gift Annuities 11373803 F 67801000 0 Postretirement Benefit 25544549 Federal Perkins Loans 6477864 Annuities Payable 1686665 33709078 73710211 -12109364 0 0 -356329 -12465693 86175904 352479 -778172 -425693 85750211 93111260 0 0 0 778172 778172 92333088 352479 356329 708808 93041896 Schedule D, Part III, Line 1 The College maintains a substantial collection of artwork and rare books for educational purposes and public exhibition. Schedule D, Part III is not completed because the collection is not capitalized and does not meet the definition under SFAS 116. Schedule D, Part III, Line 4 The College maintains a substantial collection of artwork and rare books for educational purposes and public exhibition. Schedule D, Part III is not completed because the collection is not capitalized and does not meet the definition under SFAS 116. Schedule D, Part V, Line 4 The College's endowment consists of approximately 500 individual funds established for a variety of purposes. These funds provide support for instruction, academic support departments, student services, institutional support departments, physical plant maintenance and improvements, public service programs, and scholarships, as well as, general operating support. Schedule D, Part XI, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds. Schedule D, Part XI, Line 4b Expenses from fundraising events, cost of sales of inventory, and rental expenses. Schedule D, Part XII, Line 2d Expenses from fundraising events, cost of sales of inventory, and rental expenses. Schedule D, Part XII, Line 4b Uncollectible pledge expense and payments to beneficiaries of reserved income funds. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The following statement appears in the College catalogue: "Kalamazoo College is committed to equal rights, equal opportunities, and equal protection under the law. The College administers its programs without regard to race, color, religion, age, sex, national origin, height, weight, marital status, familial status, physical disability as protected by law, or sexual orientation. The College's definition of sexual orientation proscribes discrimination based on a person's heterosexuality, homosexuality, bisexuality, or gender identity, actual or presumed." Kalamazoo College draws a substantial percentage of its students from outside the Kalamazoo community including other areas of Michigan, the United States, and foreign countries and follows a racially nondiscriminatory policy as to students. Publication is not required under Rev Proc 75-50, Section 4.03-2(b). Schedule E, Part I, Line 6 Kalamazoo College participates in the following campus-based financial aid programs: SEOG, FWSP, Perkins (NDSL). In addition, students from the College are recipients of Pell grants, Guaranteed Student Loans, and Parent Loans. Central America and the Caribbean 0 0 Program Services Higher Education 174206 East Asia and the Pacific 0 1 Program Services Higher Education 880677 Europe (including Iceland and Greenland) 0 8 Program Services Higher Education 1795997 Middle East and North Africa 0 0 Program Services Higher Education 25077 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Higher Education 26256 South America 0 2 Program Services Higher Education 443784 South Asia 0 0 Program Services Higher Education 81773 Sub-Saharan Africa 0 2 Program Services Higher Education 87593 Central America and the Caribbean Investments 26162002 North America (including Canada and Mexico, but not the United States) Investments 11429194 0 13 41106559 1 0 1 1 1 0 Schedule F, Part IV The College invests in various foreign corporations and partnerships, both directly and through U.S. partnerships. However, the College's share of foreign corporation and partnership investments does not exceed 10% and thus Form 5471 or Form 8865 is not required. While these investments may be considered Passive Foreign Investment Companies, the College is not required to file Form 8621 as the investment income is not debt-financed unrelated business income. The College files Form 926 for transfers to foreign corporations during the year, both directly and through U.S. partnerships, when those transfers exceed $100,000 or when its share exceeds $100,000. X X X X X X X 1 Wilson-Bennett Technology Inc 140 Professional Dr Ste 2 Cabot AR 72023 Phonathon 0 235605 68970 166635 235605 68970 166635 AK AL AR CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV Golf Jamboree 21900 11025 10875 400 0 0 5479 0 7422 Golf for Basketball 15984 9848 6136 0 0 0 980 0 3062 1 7325 3972 3353 0 0 0 1021 0 3584 45209 24845 20364 400 0 0 7480 0 14068 21948 -1584 1 Mexican American Legal Defense & Educational Fund 634 S Spring St 11th Floor Los Angeles CA 90014 741563270 501(c)3 25000 0 Global prizes are awarded to organizations for transformative social justice leadership projects. 1 0 See Schedule I, Part IV for Part I Line 2 1394 35147084 0 Schedule I, Part I, Line 2 Scholarships are awarded based on established criteria, including donor restrictions. Global prizes are awarded to organizations for transformative social justice leadership projects. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Eileen B Wilson-Oyelaran President 360399 0 8734 0 8515 0 26896 0 26130 0 430674 0 0 0 Albert DeSimone VP College Advancement 197490 0 0 0 396 0 20934 0 51881 0 270701 0 0 0 Michael A McDonald Provost 190245 0 0 0 138 0 19421 0 598 0 210402 0 0 0 James E Prince VP Business and Finance 186271 0 0 0 396 0 19626 0 15597 0 221890 0 0 0 Sarah Westfall VP Student Dev/Dean of Students 145285 0 0 0 138 0 15364 0 9566 0 170353 0 0 0 David Barclay Professor of History 139828 0 0 0 762 0 15408 0 20152 0 176150 0 0 0 Lisa Brock Academic Director, Arcus Center for Social Justice Leadership 151708 0 0 0 258 0 8190 0 9251 0 169407 0 0 0 Gregory Diment Associate Provost IS 127907 0 0 0 138 0 13790 0 15526 0 157361 0 0 0 Paul Manstrom Associate VP Facilities Management 127616 0 0 0 396 0 13456 0 16597 0 158065 0 0 0 Paul Sotherland Assessment Assistant to the Provost 121964 0 0 0 0 0 13228 0 17026 0 152218 0 0 0 Schedule J, Part I, Line 1a The President is required to live in housing provided on campus. The value of this housing is excluded from taxable income. President Wilson Oyelaran received a supplemental payment with a tax gross up, which were reported in taxable income. Schedule J, Part I, Line 3 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Director of Human Resources. Schedule J, Part I, Line 4 President Wilson-Oyelaran participated in a section 457(b) plan and contributed $18,000 during calendar year 2015. A Michigan Finance Authority 800596186 2011-06-09 34250000 Refunding 2000,2003,2007 & construct & equip athletics facilities & fields 0 0 0 A 2985000 0 34281725 0 0 21979763 285774 0 0 12016188 0 0 2013 1 1 1 1 A 0 0 1 1 0 0 0.007 0.007 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Schedule K, Part I, Column f-06/09/2011 34,250,000 Michigan Finance Authority Refunding 2000,2003,2007 & construct & equip athletics facilities & fields Schedule K, Part IV, Line 2c-06/09/2011 34,250,000 Michigan Finance Authority Arbitrage calculation was performed in June 2016. No rebate was due. Ronda Stryker Spouse Owns Greenleaf Hospitality 69700 Event Services & Accomodations 0 X 0 Value not recorded X 31 490767 Avg daily stock price X Event Expenses 2 0 Value not recorded X Equipment 1 0 Value not recorded 0 0 1 0 Schedule M, Part I, Line 33 Noncash contributions of personal property valued at $5,000 or less are not entered or capitalized. Form 990, Part VI, Section A, Line 2 Jon L. Stryker and Ronda E. Stryker are siblings. Form 990, Part VI, Section B, Line 11b The Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees for review. A meeting is convened with the Audit Committee and the Vice President for Business and Finance to review and discuss the Forms 990 and 990T. After receiving the Audit Committee's approval, the Forms 990 and 990T are provided to the full Board of Trustees for review and approval. The Schedule B is not provided to the Audit Committee or the full Board of Trustees in order to maintain the confidential identity of donors. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is provided to every Trustee and Officer in October. Every recipient is asked to return a disclosure form that discloses any potential relationships that may represent a conflict of interest and discloses any gifts or loans from entities with which the College has significant business dealings. The form also asks Trustees to acknowledge that they have read the conflict of interest policy and confirm that they have no knowledge of any real or potential violation of the policy and that they will refrain from taking any unfair advantage of any information obtained in their role as Trustee or Officer. Form 990, Part VI, Section B, Line 15 The compensation of the President is reviewed annually by the Executive Committee of the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in the minutes of the Executive Committee meeting and a statement of salary letter sent to the President and the Director of Human Resources. The compensation of the College officers is determined annually by the President and compared with compensation of similarly placed officers of Great Lakes College Association institutions. The officer compensation is submitted to the Executive Committee of the Board of Trustees for review and approval. Form 990, Part VI, Section C, Line 19 Kalamazoo College is organized under Michigan statute MCL Section 390.751 through 390.761. The bylaws and conflict of interest policy are available by request. The financial statements are also available by request, posted on the College's website, and made available in the College library. Genevieve U Gilmore Endowment For The Arts PNC Bank 108 E Michigan Kalamazoo MI 49007 386470228 Trust FBO Kalamazoo College MI 501(c)(3) Line 11 c Kalamazoo College 1 Dorothy Hinkley Heyl Irrev Charitable Trust PNC Bank 108 E Michigan Kalamazoo MI 49007 386572671 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 1 L Lee Stryker Memorial Trust PNC Bank 108 E Michigan Kalamazoo MI 49007 386385367 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 1 FW & Elsie Heyl Science Scholarship Fund PNC Bank PO Box 94651 Cleveland OH 44101 386194019 Science Grants MI 501(c)(3) Line 11d N/A 0 Great Lakes College Association Inc 535 W William No 301 Ann Arbor MI 48103 381678376 Promote advancement in higher education MI 501(c)(3) 11a N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 Genevieve U Gilmore Endowment For The Arts PNC Bank c 97858 Cash Grant Dorothy Hinkley Heyl Irrev Charitable Trust PNC Bank c 150213 Cash Grant L Lee Stryker Memorial Trust PNC Bank c 68140 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank c 1931840 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank q 12000 Cash Payment