THE TRUSTEES OF GRINNELL COLLEGE: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF GRINNELL COLLEGE (EIN 42-0680387)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-03-31
IRS object ID: 201500909349300430
Schema version: 2013v4.0
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 D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-03-31T15:54:33-05:00	ReturnTs
Tax Period End	2014-06-30	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	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 3RD AVE SE STE 300	AddressLine1
City	CEDAR RAPIDS	City
State	IA	State
ZIP Code	52401	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	420680387	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	TRUS	BusinessNameControlTxt
Phone	6412699700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KATE WALKER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6412699700	PhoneNum
Signature	2015-03-25	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	3193632697	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

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

Field	Value	IRS element (for citing)
Principal Officer	KATE WALKER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$748,764,166	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.GRINNELL.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1846	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	TO EDUCATE STUDENTS IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS.	ActivityOrMissionDesc
Voting Members Governing Body	25	VotingMembersGoverningBodyCnt
Voting Members Independent	25	VotingMembersIndependentCnt
Total Employee	2630	TotalEmployeeCnt
Total Volunteers	1005	TotalVolunteersCnt
Total Gross UBI	$4,081,821	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$3,104,926	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$7,847,051	PYContributionsGrantsAmt
CY Contributions Grants	$14,701,477	CYContributionsGrantsAmt
PY Program Service Revenue	$80,329,788	PYProgramServiceRevenueAmt
CY Program Service Revenue	$87,103,014	CYProgramServiceRevenueAmt
PY Investment Income	$103,773,679	PYInvestmentIncomeAmt
CY Investment Income	$123,774,819	CYInvestmentIncomeAmt
PY Other Revenue	$5,355,353	PYOtherRevenueAmt
CY Other Revenue	$6,228,507	CYOtherRevenueAmt
PY Total Revenue	$197,305,871	PYTotalRevenueAmt
CY Total Revenue	$231,807,817	CYTotalRevenueAmt
PY Grants And Similar Paid	$41,824,037	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$46,531,024	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$61,908,190	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$65,554,885	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,992,399	CYTotalFundraisingExpenseAmt
PY Other Expenses	$42,637,283	PYOtherExpensesAmt
CY Other Expenses	$44,857,283	CYOtherExpensesAmt
PY Total Expenses	$146,369,510	PYTotalExpensesAmt
CY Total Expenses	$156,943,192	CYTotalExpensesAmt
PY Revenues Less Expenses	$50,936,361	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$74,864,625	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,863,371,033	TotalAssetsBOYAmt
Total Assets EOY	$2,125,794,837	TotalAssetsEOYAmt
Total Liabilities BOY	$164,722,637	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$162,018,443	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,698,648,396	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,963,776,394	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	WHEN GRINNELL COLLEGE FRAMED ITS CHARTER IN THE IOWA TERRITORY OF THE UNITED STATES IN 1846, IT SET FORTH A MISSION TO EDUCATE ITS STUDENTS "FOR THE DIFFERENT PROFESSIONS AND FOR THE HONORABLE DISCHARGE OF THE DUTIES OF LIFE."	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$85,422,670	ExpenseAmt
Grant	$45,569,152	GrantAmt
Revenue	$71,712,684	RevenueAmt
Desc	INSTRUCTIONAL PROGRAMS INCLUDE HUMANITIES, SCIENCES, SOCIAL STUDIES AND SPECIAL PROGRAMS INCLUDING INTERNATIONAL EDUCATION. THE SIX-YEAR GRADUATION RATE IS 89% WITH A 1:9 FACULTY TO STUDENT RATIO. GRINNELL COLLEGE HAS APPROXIMATELY 1600 STUDENTS GENERALLY FROM ALL STATES AND ABOUT 50 OTHER COUNTRIES. AT THE CENTER OF A GRINNELL EDUCATION IS THE COLLEGE'S INDIVIDUALLY ADVISED CURRICULUM. IT COMBINES INTENSE FACULTY MENTORING WITH AN UNCOMMON LEVEL OF STUDENT RESPONSIBILITY FOR CHOOSING THEIR OWN UNIQUE SET OF COURSES. MENTORING BEGINS IN THE FIRST-YEAR TUTORIAL, THE ONLY REQUIRED COURSE AT GRINNELL COLLEGE. FACULTY MEMBERS FROM ALL ACADEMIC DEPARTMENTS TEACH THE TUTORIAL AND THEIR TOPICS VARY WIDELY, BUT EVERY TUTORIAL EMPHASIZES WRITING, CRITICAL THINKING AND ANALYSIS, DISCUSSION SKILLS, AND INFORMATION LITERACY. EACH TUTOR ALSO SERVES AS ADVISER TO THE TUTORIAL STUDENTS UNTIL THEY DECLARE A MAJOR FIELD OF STUDY, OFFERING GUIDANCE FROM AN INSTRUCTOR WITH PERSONAL KNOWLEDGE OF THEIR ACADEMIC INTERESTS, APTITUDES, AND NEEDS. THE TUTORIAL IS USUALLY LIMITED TO 12 STUDENTS, MAKING IT SMALLER THAN THE AVERAGE CLASS, THOUGH SIMILAR IN INTENSITY TO THE REST OF THE CURRICULUM. IN FACT, GRINNELL CLASSES GENERALLY ARE SMALL, WITH AN AVERAGE ENROLLMENT OF 16 AND FEWER THAN 9 PERCENT OF CLASSES ABOVE 30 STUDENTS. MANY ACADEMIC PROGRAMS OFFER A MENTORED ADVANCED PROJECT (MAP), EITHER AS INDEPENDENT STUDY OR IN THE CONTEXT OF A SEMINAR. THE MAP, CLOSELY GUIDED BY A FACULTY DIRECTOR, GIVES UPPER-LEVEL STUDENTS THE OPPORTUNITY TO CULMINATE A SEQUENCE OF ACADEMIC WORK BY COMPLETING AN ADVANCED PROJECT IN RESEARCH OR CREATIVE ARTS.AT ALL LEVELS OF THE CURRICULUM, GRINNELL COLLEGE STUDENTS RECEIVE AN EDUCATION ROOTED IN ACTIVE EXPERIENCE. FOR EXAMPLE, STUDENTS IN SCIENCE CLASSES ENGAGE IN DISCOVERY-BASED LEARNING, EVEN AT THE INTRODUCTORY LEVEL. EACH AREA OF THE FINE ARTS OFFERS OPPORTUNITIES FOR CREATIVE PRACTICE ALONGSIDE THE STUDY OF HISTORY, THEORY, AND FORMAL ANALYSIS. OUTSIDE THE CLASSROOM, THE CENTER FOR CAREERS, LIFE, AND SERVICE HAS COORDINATED MORE THAN 500 COLLEGE-FUNDED SUMMER INTERNSHIPS FOR STUDENTS OVER THE PAST FIVE YEARS. ABOUT A THIRD OF STUDENTS PARTICIPATE IN INTERCOLLEGIATE ATHLETICS THROUGH MEMBERSHIP ON VARSITY TEAMS. STUDENT-REGULATED RESIDENCE LIFE, ANOTHER IMPORTANT FEATURE OF A GRINNELL EDUCATION, TEACHES STUDENTS THE PRAGMATIC SOCIAL SKILLS OF SELF-GOVERNANCE AS THEY LIVE TOGETHER IN COMMUNITY. THE COLLEGE OFFERS A CALENDAR PACKED WITH CULTURAL EVENTS AND ACTIVITIES, INCLUDING CONCERTS, LECTURES, THEATRE, FILMS, AND OPPORTUNITIES FOR VOLUNTEER AND CIVIC INVOLVEMENT. GRINNELL HAS NEVER HAD FRATERNITIES OR SORORITIES; SOCIAL EVENTS ARE OPEN TO ALL MEMBERS OF THE COLLEGE.GRINNELL'S EMPHASIS ON ACTIVE LEARNING EXTENDS TO PARTICIPATION IN THE GLOBAL COMMUNITY. WITH INTERNATIONAL STUDENTS MAKING UP MORE THAN 10 PERCENT OF THE STUDENT BODY AND DOMESTIC STUDENTS REPRESENTING EVERY STATE, GRINNELL OFFERS A GEOGRAPHICALLY AND CULTURALLY DIVERSE ENVIRONMENT FOR LIVING AND LEARNING. A FLOURISHING CENTER FOR INTERNATIONAL STUDIES COORDINATES AND HIGHLIGHTS THE MANY COURSES AND PROGRAMS AT GRINNELL COLLEGE WITH A GLOBAL PERSPECTIVE. EVEN WITHOUT A LANGUAGE REQUIREMENT, NEARLY ALL STUDENTS ELECT TO STUDY A FOREIGN LANGUAGE. MORE THAN HALF OF GRINNELL STUDENTS (A NUMBER MATCHED BY VERY FEW OTHER COLLEGES) SPEND A SEMESTER IN OFF-CAMPUS STUDY. NEARLY ALL OF THESE STUDENTS DECIDE TO LIVE AND STUDY OUTSIDE OF THE UNITED STATES.INTENSIVE TEACHING, ACTIVE LEARNING, RESIDENCE IN A COMMUNITY OF CULTURAL AND GLOBAL DIVERSITY, AND SELF-GOVERNANCE IN BOTH SOCIAL AND ACADEMIC LIFE - THESE ELEMENTS COME TOGETHER AT GRINNELL COLLEGE TO FORM A DISTINCTIVE EXPERIENCE OF LIBERAL EDUCATION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$20,959,650	ExpenseAmt
Grant	$304,271	GrantAmt
Revenue	$404,152	RevenueAmt
Desc	STUDENT SERVICES INCLUDES REGISTRATION, COUNSELING, ADMISSION AND FINANCIAL AID, HEALTH SERVICES, INTERCOLLEGIATE ATHLETICS, LECTURES, CONVOCATIONS AND OTHER STUDENT PROGRAMS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$20,812,484	ExpenseAmt
Grant	$657,601	GrantAmt
Revenue	$0	RevenueAmt
Desc	ACADEMIC AND INSTITUTIONAL SUPPORT INCLUDES LIBRARY, FACULTY DEVELOPMENT, COMPUTER SERVICES, PUBLIC RELATIONS, PRINTING SERVICES, MAIL SERVICES, AND OTHER EXPENDITURES TO SUPPORT THE ACTIVITIES OF THE COLLEGE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$15,748,364	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$14,986,178	RevenueAmt
Desc	OTHER PROGRAM SERVICES INCLUDE AUXILIARY ENTERPRISES SUCH AS HOUSING AND FOOD SERVICES.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$15,748,364	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$14,986,178	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$142,943,168	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	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
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
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	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	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	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	Yes (1)	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	2244	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2630	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	Yes (1)	ForeignFinancialAccountInd
Foreign Country	UK	ForeignCountryCd
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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	25	GoverningBodyVotingMembersCnt
Independent Voting Member	25	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	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	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	6412699700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
TRISH FITZGIBBONS ANDERSON
TRUSTEE & VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ROBERT AUSTIN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
DAVID BRAMAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LAURA FERGUSON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
SHELLEY FLOYD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
HAROLD FUSON JR
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ATUL GUPTA
TRUSTEE	1.00	0.00	Yes (X)		$4,000	$0	$0
I CRAIG HENDERSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
STEVE HOLTZE
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KIHWAN KIM
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CLINTON KORVER
TRUSTEE & CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SYLVIA KWAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
TOBI KLEIN MARCUS
TRUSTEE	0.00	0.00	Yes (X)		$0	$0	$0
PAUL MCCULLEY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
SUSAN HOLDEN MCCURRY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
GEORGE MOOSE
TRUSTEE	0.00	0.00	Yes (X)		$0	$0	$0
PAUL RISSER
TRUSTEE & VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
KAREN SHAFF
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
M ANNE SPENCE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOEL SPIEGEL
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
BARRETT THOMAS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW WELCH
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ERIC WHITAKER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
DAVID WHITE
TRUSTEE	0.00	0.00	Yes (X)		$0	$0	$0
CONNIE WIMER
TRUSTEE	0.00	0.00	Yes (X)		$0	$0	$0
HENRY WINGATE
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
NORDAHL BRUE
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN EGAN
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PATRICIA FINKELMAN
LIFE TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
TODD LINDEN
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ROBERT MUSSER
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
GREG NARBER
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN PRICE
LIFE TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RONALD SANDLER
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
DONALD STEWART
LIFE TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
RAYNARD KINGTON
PRESIDENT	60.00	0.00		Yes (X)	$570,950	$0	$80,618
DAVID CLAY
CHIEF INVESTMENT OFFICER	60.00	0.00		Yes (X)	$601,484	$0	$42,861
SCOTT WILSON
CHIEF INVESTMENT OFFICER	60.00	0.00		Yes (X)	$284,788	$0	$45,429
KAREN VOSS
TREASURER	60.00	0.00		Yes (X)	$264,944	$0	$43,293
KATE WALKER
TREASURER	60.00	0.00		Yes (X)	$41,565	$0	$6,251
SUSAN SCHOEN
SECRETARY	50.00	0.00		Yes (X)	$94,971	$0	$25,319
JOSEPH BAGNOLI
VP ENROLLMENT	50.00	0.00			$203,979	$0	$34,770	Yes (X)
HOUSTON DOUGHARTY
VP STUDENT AFFAIRS	50.00	0.00			$153,125	$0	$73,074	Yes (X)
ELIZABETH HALLORAN
VP DEVELOPMENT & ALUMNI RELATIONS	50.00	0.00			$286,292	$0	$33,720	Yes (X)
JOHN KALKBRENNER
VP COLLEGE SERVICES	50.00	0.00			$183,610	$0	$77,044	Yes (X)
DAVID LOPATTO
INTERIM DEAN OF THE COLLEGE	50.00	0.00			$163,380	$0	$58,039	Yes (X)
JAMES REISCHE
VP COMMUNICATIONS	50.00	0.00			$150,337	$0	$35,098	Yes (X)
ANGELA VOOS
VP STRATEGIC PLANNING & CHIEF OF STAFF	50.00	0.00			$173,497	$0	$20,160	Yes (X)
JAMES HOWARD
DIRECTOR OF PRINCIPAL GIFTS	50.00	0.00			$150,641	$0	$29,686		Yes (X)
JOHN MUTTI
PROFESSOR OF ECONOMICS	50.00	0.00			$174,358	$0	$34,829		Yes (X)
JAMES SWARTZ
PROFESSOR OF CHEMISTRY	50.00	0.00			$168,303	$0	$32,770		Yes (X)
CHARLES SULLIVAN
PROFESSOR OF BIOLOGY	50.00	0.00			$158,326	$0	$33,016		Yes (X)
HENRY WALKER
PROFESSOR OF COMPUTER SCIENCE	50.00	0.00			$152,538	$0	$31,045		Yes (X)
PAULA SMITH
PROFESSOR OF ENGLISH	50.00	0.00			$211,581	$0	$25,197			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,192,669	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$762,219	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	60	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1	CityContractorAddress/USAddress/City	StateContractorAddress/USAddress/State	ZIP CodeContractorAddress/USAddress/ZIPCode	ServicesServicesDesc	CompensationCompensationAmt
SOUTHEASTERN ASSET MANAGEMENT
6410 POPLAR AVENUE	MEMPHIS	TN	38119	INVESTMENT MANAGER	$2,246,645
NEUBERGER BERMAN LLC
605 THIRD AVENUE 36TH FLOOR	NEW YORK	NY	10158	INVESTMENT MANAGER	$1,826,736
EAGLE CAPITAL MANAGEMENT LLC
499 PARK AVENUE 17TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	$1,079,140
THIRD AVENUE MANAGEMENT LLC
622 THIRD AVENUE	NEW YORK	NY	10017	INVESTMENT MANAGER	$901,948
THE NORTHERN TRUST COMPANY
50 S LASALLE STREET	CHICAGO	IL	60603	INVESTMENT CUSTODIAN	$468,299

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	15	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,054,204	GovernmentGrantsAmt
All Other Contributions	$13,647,273	AllOtherContributionsAmt
Noncash Contributions	$1,359,274	NoncashContributionsAmt
Total Contributions	$14,701,477	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
TUITION AND FEES	611600	$71,590,500	$71,590,500
AUXILIARY SERVICES	611710	$14,727,837		$14,727,837
FEES, SOURCES AND FINES	611710	$404,152		$404,152
ALUMNI FEES	611710	$258,341		$258,341
INDIRECT COST RECOVERY	611710	$67,195		$67,195

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$54,989	TotalRevenueColumnAmt
Related Or Exempt Func Income	$54,989	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$87,103,014	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,542,663	TotalRevenueColumnAmt
Unrelated Business Revenue	$4,081,821	UnrelatedBusinessRevenueAmt
Exclusion	$27,460,842	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21	TotalRevenueColumnAmt
Exclusion	$21	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,233,758	TotalRevenueColumnAmt
Exclusion	$6,233,758	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$76,833	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$103,573	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$26,740	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$26,740	TotalRevenueColumnAmt
Exclusion	-$26,740	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$609,022,264	SecuritiesAmt
Other	$62,647	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$516,686,494	SecuritiesAmt
Other	$166,282	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$92,335,770	SecuritiesAmt
Other	-$103,635	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$92,232,135	TotalRevenueColumnAmt
Exclusion	$92,232,135	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER	Desc
Business	900099	BusinessCd
Total Revenue Column	$21,489	TotalRevenueColumnAmt
Exclusion	$21,489	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$21,489	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$231,807,817	TotalRevenueColumnAmt
Related Or Exempt Func Income	$71,645,489	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$4,081,821	UnrelatedBusinessRevenueAmt
Exclusion	$141,379,030	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$362,872	TotalAmt
Program Services	$362,872	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$40,214,462	TotalAmt
Program Services	$40,214,462	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$5,953,690	TotalAmt
Program Services	$5,953,690	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,781,708	TotalAmt
Program Services	$472,468	ProgramServicesAmt
Management And General	$1,727,711	ManagementAndGeneralAmt
Fundraising	$581,529	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$884,981	TotalAmt
Program Services	$255,163	ProgramServicesAmt
Management And General	$605,651	ManagementAndGeneralAmt
Fundraising	$24,167	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$43,166,859	TotalAmt
Program Services	$39,086,744	ProgramServicesAmt
Management And General	$2,218,877	ManagementAndGeneralAmt
Fundraising	$1,861,238	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,896,322	TotalAmt
Program Services	$3,535,582	ProgramServicesAmt
Management And General	$202,072	ManagementAndGeneralAmt
Fundraising	$158,668	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$11,594,151	TotalAmt
Program Services	$10,489,579	ProgramServicesAmt
Management And General	$626,370	ManagementAndGeneralAmt
Fundraising	$478,202	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,230,864	TotalAmt
Program Services	$2,810,272	ProgramServicesAmt
Management And General	$267,951	ManagementAndGeneralAmt
Fundraising	$152,641	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$200,976	TotalAmt
Program Services	$16,289	ProgramServicesAmt
Management And General	$184,687	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$121,116	TotalAmt
Management And General	$121,116	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$10,636	TotalAmt
Management And General	$10,636	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,089,057	TotalAmt
Program Services	$2,610,848	ProgramServicesAmt
Management And General	$308,517	ManagementAndGeneralAmt
Fundraising	$169,692	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$245,358	TotalAmt
Program Services	$129,125	ProgramServicesAmt
Management And General	$116,233	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,189,050	TotalAmt
Program Services	$6,503,045	ProgramServicesAmt
Management And General	$163,086	ManagementAndGeneralAmt
Fundraising	$522,919	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,783,329	TotalAmt
Program Services	$1,460,137	ProgramServicesAmt
Management And General	$290,191	ManagementAndGeneralAmt
Fundraising	$33,001	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$18,235	TotalAmt
Program Services	$18,235	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,247,043	TotalAmt
Program Services	$6,155,637	ProgramServicesAmt
Management And General	$66,360	ManagementAndGeneralAmt
Fundraising	$25,046	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,836,703	TotalAmt
Program Services	$2,077,440	ProgramServicesAmt
Management And General	$269,629	ManagementAndGeneralAmt
Fundraising	$489,634	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,201,482	TotalAmt
Program Services	$664,209	ProgramServicesAmt
Management And General	$235,812	ManagementAndGeneralAmt
Fundraising	$301,461	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,164,887	TotalAmt
Program Services	$1,164,887	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$11,074,499	TotalAmt
Program Services	$10,677,838	ProgramServicesAmt
Management And General	$289,159	ManagementAndGeneralAmt
Fundraising	$107,502	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$504,289	TotalAmt
Program Services	$504,289	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OFF-CAMPUS PROGRAM COST	$3,185,956	$3,185,956
DINING PROGRAM COST	$2,661,364	$2,661,364
UBI TAX	$1,143,833		$1,143,833
SPECIAL PROGRAMS	$409,418	$316,678	$90,093	$2,647

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,770,052	TotalAmt
Program Services	$1,616,359	ProgramServicesAmt
Management And General	$69,641	ManagementAndGeneralAmt
Fundraising	$84,052	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$156,943,192	TotalAmt
Program Services	$142,943,168	ProgramServicesAmt
Management And General	$9,007,625	ManagementAndGeneralAmt
Fundraising	$4,992,399	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,798,772	BOYAmt
EOY	$1,528,943	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$2,925,264	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$709,001	BOYAmt
EOY	$1,202,287	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$14,295	BOYAmt
EOY	$13,713	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,102,960	BOYAmt
EOY	$1,162,011	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,684,432	BOYAmt
EOY	$3,138,603	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$410,750,750	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$172,179,051	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$246,020,550	BOYAmt
EOY	$238,571,699	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$924,001,111	BOYAmt
EOY	$1,017,871,640	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$679,304,206	BOYAmt
EOY	$851,856,813	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$7,735,706	BOYAmt
EOY	$7,523,864	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,863,371,033	BOYAmt
EOY	$2,125,794,837	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$38,754,625	BOYAmt
EOY	$45,303,871	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,214,369	BOYAmt
EOY	$1,477,143	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$110,280,277	BOYAmt
EOY	$103,583,720	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$4,674,481	BOYAmt
EOY	$5,042,094	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$9,798,885	BOYAmt
EOY	$6,611,615	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$164,722,637	BOYAmt
EOY	$162,018,443	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,208,165,453	BOYAmt
EOY	$1,388,253,544	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$389,203,891	BOYAmt
EOY	$466,859,826	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$101,279,052	BOYAmt
EOY	$108,663,024	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,698,648,396	BOYAmt
EOY	$1,963,776,394	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,863,371,033	BOYAmt
EOY	$2,125,794,837	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$74,864,625	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$190,096,802	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$166,571	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

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 D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$205,135	RevenuesIncludedAmt
Assets Included	$5,813,761	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
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	$1,553,629,299	BeginningYearBalanceAmt
Contributions	$15,363,250	ContributionsAmt
Investment Earnings Or Losses	$316,328,638	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,934,254	GrantsOrScholarshipsAmt
Other Expenditures	$37,865,746	OtherExpendituresAmt
End Year Balance	$1,829,521,187	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,383,856,130	BeginningYearBalanceAmt
Contributions	$1,871,612	ContributionsAmt
Investment Earnings Or Losses	$222,301,557	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$16,893,207	GrantsOrScholarshipsAmt
Other Expenditures	$37,506,793	OtherExpendituresAmt
End Year Balance	$1,553,629,299	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,500,219,483	BeginningYearBalanceAmt
Contributions	$6,271,106	ContributionsAmt
Investment Earnings Or Losses	-$69,353,459	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,424,397	GrantsOrScholarshipsAmt
Other Expenditures	$35,856,603	OtherExpendituresAmt
End Year Balance	$1,383,856,130	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,260,593,189	BeginningYearBalanceAmt
Contributions	$4,248,722	ContributionsAmt
Investment Earnings Or Losses	$284,843,964	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$15,701,985	GrantsOrScholarshipsAmt
Other Expenditures	$33,764,407	OtherExpendituresAmt
End Year Balance	$1,500,219,483	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,137,472,042	BeginningYearBalanceAmt
Contributions	$14,749,865	ContributionsAmt
Investment Earnings Or Losses	$149,816,994	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$12,540,202	GrantsOrScholarshipsAmt
Other Expenditures	$28,905,510	OtherExpendituresAmt
End Year Balance	$1,260,593,189	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.69000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.31000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$175,100	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$2,842,551	OtherCostOrOtherBasisAmt
Book Value	$3,017,651	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$525,000	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$327,774,069	OtherCostOrOtherBasisAmt
Depreciation	$110,921,337	DepreciationAmt
Book Value	$217,377,732	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$69,483,468	OtherCostOrOtherBasisAmt
Depreciation	$55,419,721	DepreciationAmt
Book Value	$14,063,747	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$53,939	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$9,896,623	OtherCostOrOtherBasisAmt
Depreciation	$5,837,993	DepreciationAmt
Book Value	$4,112,569	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$238,571,699	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$11,623,457	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
MARKETABLE ALTERNATIVES	$344,143,584	F
NON-MARKETABLE ALTERNATIVES	$496,088,652	F
OTHER	$1,120	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$851,856,813	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ANNUITIES PAYABLE	Desc
Amt	$6,611,615	Amt

Field	Value	IRS element (for citing)
Total Liability	$6,611,615	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$375,605,236	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$190,096,802	NetUnrealizedGainsInvstAmt
Other Revenue	$228,899	OtherRevenueAmt
Revenue Not Reported	$190,325,701	RevenueNotReportedAmt
Revenue Subtotal	$185,279,535	RevenueSubtotalAmt
Other Revenues Not Included	$46,528,282	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$46,528,282	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$231,807,817	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$110,477,238	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$207,208	OtherExpensesIncludedAmt
Expenses Not Reported	$207,208	ExpensesNotReportedAmt
Expenses Subtotal	$110,270,030	ExpensesSubtotalAmt
Other Expenses Not Included	$46,673,162	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$46,673,162	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$156,943,192	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE FOCUS OF THE GRINNELL COLLEGE ART COLLECTION IS WORKS ON PAPER OF ALL TYPES THOUGH IT IS NOT EXCLUSIVELY A WORKS ON PAPER COLLECTION. THE FAULCONER GALLERY AND ITS ART COLLECTION PROMOTE LEARNING THROUGH ARTISTIC EXCELLENCE AND CREATIVE COLLABORATION. GOALS OF THE GALLERY INCLUDE DEVELOPING COLLECTIONS THAT DIRECTLY SUPPORT EXHIBITIONS, TEACHING, AND RESEARCH AND TO PROVIDE A VARIETY OF LEARNING OPPORTUNITIES WITH ART AS THE PRIMARY SOURCE USING THE COLLECTION AS A DYNAMIC PART OF THE LEARNING PROCESS AND ACROSS THE CURRICULUM, FACILITATING THE INTEGRATION OF THE GALLERY AND ITS RESOURCES IN THE CLASSROOM AND IN RESEARCH.
PART IV, LINE 2B:	GRINNELL COLLEGE CLASSIFIES ON FORM 990, PART X, LINE 21, AMOUNTS HELD FOR PERKINS LOANS PAYABLE, FUNDS HELD IN TRUST FOR OTHERS RELATED TO ANNUITIES AND STUDENT GROUP/OTHER GROUP AGENCY ACCOUNTS.
PART V, LINE 4:	THE INTENDED USE OF THE GRINNELL COLLEGE ENDOWMENT IS TO PROVIDE PREDICTABLE AND STABLE SUPPORT FOR THE COLLEGE'S MISSION AS A FINE LIBERAL ARTS COLLEGE.
PART X, LINE 2:	THE COLLEGE HAS RECEIVED A TAX DETERMINATION LETTER FROM THE IRS STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE COLLEGE IS TAXED ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER SECTION 511 OF THE CODE. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	CHANGE IN VALUE OF LIFE INSURANCE 21,691. RENTAL EXPENSES 103,573. LOSS ON DISPOSAL OF FIXED ASSETS 103,635.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	GRANTS AND SCHOLARSHIPS 45,126,108. ALUMNI FEES 258,341. UNRELATED BUSINESS INCOME TAX 1,143,833.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 103,573. LOSS ON DISPOSAL OF FIXED ASSETS 103,635.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	GRANTS AND SCHOLARSHIPS 45,126,108. ALUMNI FEES 258,341. UNRELATED BUSINESS INCOME TAX 1,143,833. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION -2,097,432. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 2,242,312.

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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

GRINNELL COLLEGE DRAWS STUDENTS FROM AROUND THE WORLD AND THROUGHOUT THE U.S. AND ACTIVELY SEEKS TO ENROLL A DIVERSE STUDENT BODY. DOMESTIC STUDENTS OF COLOR CURRENTLY MAKE UP ABOUT A QUARTER OF THE STUDENT BODY; INTERNATIONAL STUDENTS 13%. THE COLLEGE'S NONDISCRIMINATION STATEMENTS ARE INCLUDED IN THE ACADEMIC COURSE CATALOG, AVAILABLE IN PRINT AS WELL AS ON THE COLLEGE'S WEBSITE (WWW.GRINNELL.EDU).

SCHEDULE E, PART I, LINE 6

FINANCIAL AID IS RECEIVED FOR PELL GRANTS, SEOG, WORK STUDY AND OTHER GRANTS FOR STUDENTS. THE COLLEGE ALSO RECEIVES FUNDS FOR NSF GRANTS.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (29 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN	0	0	GRANTS	$440,438
EAST ASIA AND THE PACIFIC	0	0	GRANTS	$1,637,598
EUROPE	0	0	GRANTS	$1,279,546
MIDDLE EAST AND NORTH AFRICA	0	0	GRANTS	$352,136
NORTH AMERICA - CANADA AND MEXICO	0	0	GRANTS	$115,504
RUSSIA & THE NEWLY INDEPENDENT STATES	0	0	GRANTS	$159,460
SOUTH AMERICA	0	0	GRANTS	$279,880
SOUTH ASIA	0	0	GRANTS	$724,960
SUB-SAHARAN AFRICA	0	0	GRANTS	$964,168
CENTRAL AMERICA AND THE CARIBBEAN	0	0	PROGRAM SERVICES	$39,613	ACADEMIC/EDUCATION
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	$141,945	ACADEMIC/EDUCATION
EUROPE	1	9	PROGRAM SERVICES	$699,899	ACADEMIC/EDUCATION
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	$6,172	ACADEMIC/EDUCATION
NORTH AMERICA - CANADA AND MEXICO	0	0	PROGRAM SERVICES	$13,576	ACADEMIC/EDUCATION
RUSSIA & THE NEWLY INDEPENDENT STATES	0	0	PROGRAM SERVICES	$3,789	ACADEMIC/EDUCATION
SOUTH AMERICA	0	0	PROGRAM SERVICES	$15,310	ACADEMIC/EDUCATION
SOUTH ASIA	0	0	PROGRAM SERVICES	$54,422	ACADEMIC/EDUCATION
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	$45,916	ACADEMIC/EDUCATION
CENTRAL AMERICA AND THE CARIBBEAN	0	0	INVESTMENTS (BOOK VALUE)	$333,744,055
EAST ASIA AND THE PACIFIC	0	0	INVESTMENTS (BOOK VALUE)	$53,402,483
EUROPE	0	0	INVESTMENTS (BOOK VALUE)	$110,196,221
NORTH AMERICA - CANADA AND MEXICO	0	0	INVESTMENTS (BOOK VALUE)	$15,720,481
SOUTH AMERICA	0	0	INVESTMENTS (BOOK VALUE)	$2
SUB-SAHARAN AFRICA	0	0	INVESTMENTS (BOOK VALUE)	$6,240,000
CENTRAL AMERICA AND THE CARIBBEAN	0	0	INVESTMENTS (EXPENDITURES)	$98,157,846
EAST ASIA AND THE PACIFIC	0	0	INVESTMENTS (EXPENDITURES)	$25,216,574
EUROPE	0	0	INVESTMENTS (EXPENDITURES)	$43,831,712
NORTH AMERICA - CANADA AND MEXICO	0	0	INVESTMENTS (EXPENDITURES)	$13,652,452
SUB-SAHARAN AFRICA	0	0	INVESTMENTS (EXPENDITURES)	$1,860,000

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	1	ContinutationTotalOfficeCnt
Continutation Total Employee	9	ContinutationTotalEmployeeCnt
Total Office	1	TotalOfficeCnt
Total Employee	9	TotalEmployeeCnt
Subtotal Spent	$4,989,522	SubtotalSpentAmt
Continuation Spent	$704,006,636	ContinuationSpentAmt
Total Spent	$708,996,158	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (30 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
SCHOLARSHIP	CENTRAL AMERICA AND THE CARIBBEAN	13	$423,238	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	EAST ASIA AND THE PACIFIC	81	$1,581,786	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	EUROPE	31	$1,234,115	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	MIDDLE EAST AND NORTH AFRICA	10	$346,536	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	NORTH AMERICA - CANADA AND MEXICO	4	$113,804	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	RUSSIA & THE NEWLY INDEPENDENT STATES	4	$159,460	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	SOUTH AMERICA	8	$273,780	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	SOUTH ASIA	25	$705,794	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
SCHOLARSHIP	SUB-SAHARAN AFRICA	22	$949,918	CREDIT TO STUDENT ACCOUNT	$0	N/A	N/A
PRIZES	CENTRAL AMERICA AND THE CARIBBEAN	1	$1,800	CHECK	$0	N/A	N/A
PRIZES	EAST ASIA AND THE PACIFIC	2	$700	CHECK	$0	N/A	N/A
PRIZES	EUROPE	3	$1,650	CHECK	$0	N/A	N/A
PRIZES	MIDDLE EAST AND NORTH AFRICA	1	$2,200	CHECK	$0	N/A	N/A
PRIZES	NORTH AMERICA - CANADA AND MEXICO	1	$1,000	CHECK	$0	N/A	N/A
PRIZES	SOUTH ASIA	2	$1,575	CHECK	$0	N/A	N/A
PRIZES	SUB-SAHARAN AFRICA	1	$250	CHECK	$0	N/A	N/A
FELLOWSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	3	$6,800	CHECK	$0	N/A	N/A
FELLOWSHIPS	EAST ASIA AND THE PACIFIC	8	$20,300	CHECK	$0	N/A	N/A
FELLOWSHIPS	EUROPE	9	$22,240	CHECK	$0	N/A	N/A
FELLOWSHIPS	MIDDLE EAST AND NORTH AFRICA	2	$3,400	CHECK	$0	N/A	N/A
FELLOWSHIPS	NORTH AMERICA - CANADA AND MEXICO	1	$1,700	CHECK	$0	N/A	N/A
FELLOWSHIPS	SOUTH AMERICA	1	$1,700	CHECK	$0	N/A	N/A
FELLOWSHIPS	SOUTH ASIA	5	$8,500	CHECK	$0	N/A	N/A
FELLOWSHIPS	SUB-SAHARAN AFRICA	4	$6,800	CHECK	$0	N/A	N/A
INTERNSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	2	$8,600	CHECK	$0	N/A	N/A
INTERNSHIPS	EAST ASIA AND THE PACIFIC	14	$34,812	CHECK	$0	N/A	N/A
INTERNSHIPS	EUROPE	9	$21,541	CHECK	$0	N/A	N/A
INTERNSHIPS	SOUTH AMERICA	1	$3,400	CHECK	$0	N/A	N/A
INTERNSHIPS	SOUTH ASIA	3	$9,091	CHECK	$0	N/A	N/A
INTERNSHIPS	SUB-SAHARAN AFRICA	2	$7,200	CHECK	$0	N/A	N/A

Field	Value	IRS element (for citing)
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

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM, AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
POWESHIEK IOWA DEVELOPMENT
927 4TH AVENUE	GRINNELL	IA	50112	201423354	501(C)(3)	$7,626	$0	N/A	N/A	GENERAL SUPPORT
SANERGY INC
28 PARK STREET	BROOKLINE	MA	02446	364688468	501(C)(3)	$100,000	$0	N/A	N/A	GENERAL SUPPORT
SIRUM
150 ALMA STREET	MENLO PARK	CA	94025	271103057	501(C)(3)	$50,000	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL AREA CHAMBER OF COMMERCE
833 4TH AVENUE	GRINNELL	IA	50112	420286455	501(C)(6)	$32,084	$0	N/A	N/A	GROWTH COLLABORATIVE AND GENERAL SUPPORT
GRINNELL AREA ARTS COUNCIL
926 BROAD STREET	GRINNELL	IA	50112	421130693	501(C)(3)	$35,549	$0	N/A	N/A	GENERAL SUPPORT AND CAPITAL
GREATER POWESHIEK COMMUNITY FOUNDATION
1510 PENROSE STREET	GRINNELL	IA	50112	421298055	501(C)(3)	$20,136	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL COMMUNITY DAYCARE & PRESCHOOL
1436 PENROSE STREET	GRINNELL	IA	50112	420947994	501(C)(3)	$6,700	$0	N/A	N/A	SUMMER CAMP AND CREATIVE CURRICULUM
GRINNELL UNITED WAY FUND
PO BOX 121	GRINNELL	IA	50112	237120759	501(C)(3)	$5,200	$0	N/A	N/A	GENERAL SUPPORT
CITY OF GRINNELL
927 4TH AVENUE	GRINNELL	IA	50112	426004734	GOVT ENTITY	$68,350	$0	N/A	N/A	GENERAL SUPPORT
POWESHIEK ANIMAL LEAGUE
PO BOX 123	GRINNELL	IA	50112	201045708	501(C)(3)	$5,700	$0	N/A	N/A	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	9	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS	1332	$39,275,764	$0	N/A	N/A
PRIZES	88	$67,537	$0	N/A	N/A
FELLOWSHIPS	244	$560,428	$0	N/A	N/A
INTERNSHIPS	82	$210,733	$0	N/A	N/A
AWARDS	4	$100,000	$0	N/A	N/A

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING. THE COLLEGE AWARDS GRANTS TO LOCAL ORGANIZATIONS WHICH ARE ADMINISTERED THROUGH THE OFFICE OF COMMUNITY ENHANCEMENT AND ENGAGEMENT. APPLICATIONS ARE REVIEWED BY A COMMITTEE OF FACULTY, STAFF AND GRINNELL COLLEGE STUDENTS FROM THE LOCAL AREA. ALL FINANCIAL CONTRIBUTIONS FOCUS ON THE STRATEGIC PRIORITIES OF STRENGTHENING CULTURAL, RECREATIONAL, AND EDUCATIONAL OPPORTUNITIES IN THE LOCAL AREA AS WELL AS INITIATIVES THAT ENHANCE THE SAFETY, BEAUTY, AND ECONOMIC VITALITY OF OUR SURROUNDINGS. GRINNELL COLLEGE HAS ASSEMBLED A DIVERSE SELECTION COMMITTEE TO EVALUATE NOMINEES FOR THE GRINNELL COLLEGE YOUNG INNOVATOR FOR SOCIAL JUSTICE PRIZE. APPOINTED BY THE COLLEGE'S PRESIDENT, THE SELECTION COMMITTEE MEMBERS ARE ALL RECOGNIZED INDIVIDUALS WHO WORK FOR SOCIAL CHANGE IN VARIOUS CAPACITIES. THEIR BACKGROUNDS, ACCOMPLISHMENTS, AND EXPERIENCES REFLECT THE DIVERSITY IN BOTH GRINNELL AND THE STATE. THESE MEMBERS INCLUDE ONE REPRESENTATIVE EACH FROM THE COLLEGE'S FACULTY, STUDENT BODY, ALUMNI, STAFF AND TRUSTEES, PLUS PROMINENT INDIVIDUALS NOT FORMALLY AFFILIATED WITH GRINNELL.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	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	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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
RAYNARD KINGTON
PRESIDENT	$529,887	$0	$0	$0	$41,063	$0	$25,500	$0	$55,118	$0	$651,568	$0	$0	$0
DAVID CLAY
CHIEF INVESTMENT OFFICER	$567,448	$0	$0	$0	$34,036	$0	$25,500	$0	$17,361	$0	$644,345	$0	$0	$0
SCOTT WILSON
CHIEF INVESTMENT OFFICER	$283,418	$0	$0	$0	$1,370	$0	$25,500	$0	$19,929	$0	$330,217	$0	$0	$0
KAREN VOSS
TREASURER	$161,440	$0	$0	$0	$103,504	$0	$25,500	$0	$17,793	$0	$308,237	$0	$0	$0
JOSEPH BAGNOLI
VP ENROLLMENT	$188,600	$0	$15,000	$0	$379	$0	$18,850	$0	$15,920	$0	$238,749	$0	$0	$0
HOUSTON DOUGHARTY
VP STUDENT AFFAIRS	$152,553	$0	$0	$0	$572	$0	$15,876	$0	$57,198	$0	$226,199	$0	$0	$0
ELIZABETH HALLORAN
VP DEVELOPMENT & ALUMNI RELATIONS	$283,391	$0	$0	$0	$2,901	$0	$25,500	$0	$8,220	$0	$320,012	$0	$0	$0
JOHN KALKBRENNER
VP COLLEGE SERVICES	$182,818	$0	$0	$0	$792	$0	$18,833	$0	$58,211	$0	$260,654	$0	$0	$0
DAVID LOPATTO
INTERIM DEAN OF THE COLLEGE	$162,073	$0	$0	$0	$1,307	$0	$16,800	$0	$41,239	$0	$221,419	$0	$0	$0
JAMES REISCHE
VP COMMUNICATIONS	$150,008	$0	$0	$0	$329	$0	$15,492	$0	$19,606	$0	$185,435	$0	$0	$0
ANGELA VOOS
VP STRATEGIC PLANNING & CHIEF OF STA	$170,818	$0	$0	$0	$2,679	$0	$17,250	$0	$2,910	$0	$193,657	$0	$0	$0
JAMES HOWARD
DIRECTOR OF PRINCIPAL GIFTS	$149,205	$0	$0	$0	$1,436	$0	$15,187	$0	$14,499	$0	$180,327	$0	$0	$0
JOHN MUTTI
PROFESSOR OF ECONOMICS	$171,310	$0	$0	$0	$3,048	$0	$17,648	$0	$17,181	$0	$209,187	$0	$0	$0
JAMES SWARTZ
PROFESSOR OF CHEMISTRY	$166,957	$0	$0	$0	$1,346	$0	$17,077	$0	$15,693	$0	$201,073	$0	$0	$0
CHARLES SULLIVAN
PROFESSOR OF BIOLOGY	$156,798	$0	$0	$0	$1,528	$0	$16,175	$0	$16,841	$0	$191,342	$0	$0	$0
HENRY WALKER
PROFESSOR OF COMPUTER SCIENCE	$149,781	$0	$0	$0	$2,757	$0	$15,353	$0	$15,692	$0	$183,583	$0	$0	$0
PAULA SMITH
PROFESSOR OF ENGLISH	$208,700	$0	$0	$0	$2,881	$0	$20,870	$0	$4,327	$0	$236,778	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

THE PRESIDENT IS REQUIRED TO LIVE IN COLLEGE OWNED HOUSING. THE COLLEGE EMPLOYS A HOUSEKEEPER FOR THIS HOUSING. THE HOUSING BENEFIT IS NOT TAXABLE PURSUANT TO IRC SECTION 119 AS IT IS A CONDITION OF THE PRESIDENT'S EMPLOYMENT AT THE COLLEGE. THE COLLEGE HAS PURCHASED A MEMBERSHIP TO THE LOCAL COUNTRY CLUB, WHICH IS A TAXABLE BENEFIT TO THE PRESIDENT. IN ADDITION TO HOUSEKEEPING, THE COLLEGE OCCASIONALLY PROVIDED MEALS TO THE PRESIDENT AND HIS FAMILY, WHICH IS A TAXABLE BENEFIT TO THE PRESIDENT.

PART I, LINE 4A

THE COLLEGE ENTERED INTO A SEPARATION AGREEMENT WITH KAREN VOSS ON AUGUST 30, 2013 AND UNDER THE AGREEMENT, THE COLLEGE MADE PAYMENTS TOTALING $96,132 TO MS. VOSS FROM SEPTEMBER TO DECEMBER 2013 PER THE SPECIFIED TERMS AND CONDITIONS.

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
IOWA HIGHER EDUCATION LOAN AUTHORITY
A	421235696	462460E69	2008-06-26	$60,000,000	SEE PART VI	0	0	0
IOWA HIGHER EDUCATION LOAN AUTHORITY
B	421235696	462460H74	2010-03-09	$65,994,798	SEE PART VI	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt
A	$61,414,112	$935,956	$378,597	$60,099,559	2010	0	0	Yes (1)	Yes (1)
B	$66,325,255	$554,622	$404,597	$13,371,706	2012	0	Yes (1)	Yes (1)	Yes (1)	$17,700,000	$51,433,447	$560,883

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	0.00630	0.00000	0.00630	0	0	Yes (1)

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	Yes (1)	Yes (1)	Yes (1)	0	0	0	Yes (1)
B	0	0	Yes (1)	Yes (1)	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/26/2010 ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/09/2012
SCHEDULE K, PART I, COLUMN F:	FACILITIES CONSTRUCTION AND IMPROVEMENTS
SCHEDULE K, PART I, COLUMN F:	REFUND 12-13-01 $50,000,000 BOND ISSUE AND FACILITIES
SCHEDULE K, PART II, LINE 3:	THE DIFFERENCE FROM PART I (E) IS DUE TO INVESTMENT EARNINGS.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt
SCHOLARSHIPGRANT
$78,148	CREDIT TO STUDENT ACCOUNT	SCHOLARSHIP
INTERNSHIP
$3,540	CHECK	INTERNSHIP STIPEND

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
PAUL TJOSSEM
FAMILY MEMBER OF PAULA SMITH, FORMER VP ACADEMIC AFFAIRS & DEAN	$120,411	WAGES & BENEFITS	0
JOHN ROMMEREIM
FAMILY MEMBER OF ANGELA VOOS, VP STRATEGIC PLANNING & CHIEF OF STAFF	$132,871	WAGES & BENEFITS	0
BARBARA BROWN
FAMILY MEMBER OF DAVID LOPATTO, INTERIM DEAN OF THE COLLEGE	$64,938	WAGES & BENEFITS	0
VINCENT WALKER
FAMILY MEMBER OF KATE WALKER, VP FOR FINANCE & TREASURER OF THE COLLEGE	$51,650	WAGES & BENEFITS	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	5	ContributionCnt
Noncash Contributions Rpt F990	$204,635	NoncashContributionsRptF990Amt
Method Of Determining Revenues	ART INSURANCE VALUE	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$415	NoncashContributionsRptF990Amt
Method Of Determining Revenues	ESTIMATED VALUE	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	62	ContributionCnt
Noncash Contributions Rpt F990	$1,152,369	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE AVERAGE HIGH/LOW	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	3	$1,155	ESTIMATED VALUE
Yes (X)	MISCELLANEOUS	2	$700	ESTIMATED VALUE

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (B):	REPRESENTS THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 31: GIFTS THAT FIT THE DEFINITION OF NON-STANDARD ARE NOT ACCEPTED BY THE COLLEGE. THE COLLEGE IS IN THE PROCESS OF CREATING A GIFT ACCEPTANCE POLICY THAT WILL ADDRESS NON-STANDARD CONTRIBUTIONS.
PART I, LINE 32B:	THE LIBRARY MAY USE A THIRD PARTY VENDOR TO SELL BOOK DONATIONS THAT DO NOT FIT THE NEEDS OF THE LIBRARY COLLECTION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 6: EXPLANATION OF VOLUNTEERS	VOLUNTEERS INCLUDE INDIVIDUALS WHO ASSIST ADMISSIONS, CENTER FOR CAREERS, LIFE AND SERVICE, ALUMNI COUNCIL AND OTHER COMMUNITY VOLUNTEERS.
FORM 990, PART III, LINE 1: ORGANIZATION'S MISSION STATEMENT	WHEN GRINNELL COLLEGE FRAMED ITS CHARTER IN THE IOWA TERRITORY OF THE UNITED STATES IN 1846, IT SET FORTH A MISSION TO EDUCATE ITS STUDENTS "FOR THE DIFFERENT PROFESSIONS AND FOR THE HONORABLE DISCHARGE OF THE DUTIES OF LIFE." THE COLLEGE PURSUES THAT MISSION BY PROVIDING AN EDUCATION IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS. AS A TEACHING AND LEARNING COMMUNITY, THE COLLEGE HOLDS THAT KNOWLEDGE IS A GOOD TO BE PURSUED BOTH FOR ITS OWN SAKE AND FOR THE INTELLECTUAL, MORAL, AND PHYSICAL WELL-BEING OF INDIVIDUALS AND OF SOCIETY AT LARGE. THE COLLEGE EXISTS TO PROVIDE A LIVELY ACADEMIC COMMUNITY OF STUDENTS AND TEACHERS OF HIGH SCHOLARLY QUALIFICATIONS FROM DIVERSE SOCIAL AND CULTURAL CIRCUMSTANCES. THE COLLEGE AIMS TO GRADUATE INDIVIDUALS WHO CAN THINK CLEARLY, WHO CAN SPEAK AND WRITE PERSUASIVELY AND EVEN ELOQUENTLY, WHO CAN EVALUATE CRITICALLY BOTH THEIR OWN AND OTHERS' IDEAS, WHO CAN ACQUIRE NEW KNOWLEDGE, AND WHO ARE PREPARED IN LIFE AND WORK TO USE THEIR KNOWLEDGE AND THEIR ABILITIES TO SERVE THE COMMON GOOD.
FORM 990, PART V, LINE 1A: NUMBER REPORTED IN BOX 3 OF FORM 1096	THE COLLEGE FILED 443 1099'S AND 1,801 1098-T'S FOR A TOTAL OF 2,244.
FORM 990, PART VI, SECTION A, LINE 1	A LIFE TRUSTEE WILL BE PERMITTED TO VOTE ON MATTERS COMING BEFORE A BOARD MEETING ONLY IF THE LIFE TRUSTEE SHALL HAVE ATTENDED AT LEAST TWO OF THE IMMEDIATELY PRECEDING THREE REGULAR MEETINGS OF THE BOARD. NO LIFE TRUSTEE SHALL HAVE THE RIGHT TO VOTE ON PROPOSED AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BY-LAWS. THE BOARD MAY FROM TIME TO TIME, DESIGNATE ANY REGULAR MEMBER WHO HAS SERVED AS SUCH FOR AT LEAST 12 YEARS A LIFE TRUSTEE. LIFE TRUSTEES WITH NO VOTING RIGHTS DURING 2014 AND THEREFORE NOT LISTED IN PART VII ARE ELIZABETH BALLANTINE, J. ROBERT BARR, RICHARD W. BOOTH, CAROLYN SWARTZ BUCKSBAUM, ROBERT A. BURNETT, VERNON E. FAULCONER, RONALD T. GAULT, CAROLINE LITTLE, FRED LITTLE, JAMES LOWRY, RANDALL MORGAN JR, PATRICIA MEYER PAPPER, PENNY BENDER SEBRING AND JESSE L. TERNBERG.
FORM 990, PART VI, SECTION A, LINE 1	THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE OF THE BOARD WILL CONSIST OF THE CHAIR OF THE BOARD, THE VICE-CHAIRS OF THE BOARD, AND THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD, OR, IN THEIR ABSENCE, A DESIGNEE. THE CHAIR OF THE BOARD SHALL ACT AS CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE THE FOLLOWING DUTIES AND POWERS: A. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, TO HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE COLLEGE; PROVIDED THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO AMEND, ALTER OR REPEAL THE BY-LAWS, AMEND THE ARTICLES OF INCORPORATION, APPROVE THE DISSOLUTION OR MERGER OF THE COLLEGE, THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE COLLEGE'S ASSETS, ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OF TRUSTEES OR ANY OF THE COMMITTEES, AUTHORIZE DISTRIBUTIONS, OR AMEND, ALTER OR REPEAL ANY RESOLUTION OF THE BOARD; AND FURTHER PROVIDED, THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO BORROW MONEY WITHOUT THE AFFIRMATIVE VOTE OF A MAJORITY OF ITS MEMBERS. B. IN EMERGENCIES TO MAKE TEMPORARY PROVISION UNTIL THE NEXT MEETING OF THE BOARD FOR THE DISCHARGE OF DUTIES PERFORMED BY THE OFFICERS OF THE COLLEGE. C. TO ADMINISTER, AND PERFORM THE DUTIES PRESCRIBED UNDER, THE CONFLICT OF INTEREST POLICY. D. TO CONVENE AT THE CALL OF THE CHAIR OF THE BOARD OR THE PRESIDENT OF THE COLLEGE AT ANY TIME DURING THE YEAR TO TRANSACT BUSINESS AT TIMES AND PLACES CONVENIENT TO THE MAJORITY OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 2	FRED LITTLE AND CAROLINE LITTLE - FAMILY RELATIONSHIP
FORM 990, PART VI, SECTION A, LINE 4	DURING THE TAX YEAR THE COLLEGE AMENDED ITS GOVERNING DOCUMENTS. SIGNIFICANT CHANGES INCLUDE THE FOLLOWING: THE FORMER BUDGET COMMITTEE IS NOW THE FINANCE COMMITTEE WHICH OVERSEES AND MONITORS THE COLLEGE'S ANNUAL OPERATING AND ONGOING CAPITAL BUDGETS, ISSUANCE AND REPAYMENT OF DEBT, MANAGEMENT OF FINANCIAL RESERVES, AND LONG-RANGE STRATEGIES TOWARD FINANCIAL SUSTAINABILITY. TO ACCOMPLISH THIS, THE FINANCE COMMITTEE SHALL RECEIVE AND EVALUATE REGULAR REPORTS FROM THE COLLEGE'S TREASURER PROVIDING (A) COMPARISONS OF ACTUAL/FORECAST REVENUES AND EXPENDITURES TO BUDGET, ACCOMPANIED BY AN EXPLANATION OF VARIANCES; (B) UPDATES ON THE STRUCTURE AND STATUS OF THE COLLEGE'S DEBT OBLIGATIONS; (C) UPDATES ON THE STATUS OF RESERVE FUNDS; AND (D) OTHER FINANCIAL REPORTS AS REQUESTED BY THE COMMITTEE. THE FINANCE COMMITTEE SHALL BE RESPONSIBLE FOR ENSURING THAT THE BOARD OF TRUSTEES RECEIVES THE INFORMATION NECESSARY FOR THE BOARD TO OVERSEE THE SAFEGUARDING OF THE COLLEGE'S FINANCIAL STABILITY, LONG-TERM ECONOMIC HEALTH, AND PRUDENT USE OF FINANCIAL RESOURCES IN A MANNER CONSISTENT WITH THE MISSION AND THE STATED AIMS AND GOALS OF ACADEMIC DEPARTMENTS, ADMINISTRATIVE UNITS, AND ANCILLARY PROGRAMS. THE FINANCE COMMITTEE SHALL WORK COLLABORATIVELY WITH OTHER BOARD COMMITTEES, IN CONSULTATION WITH THE PRESIDENT, TO MAKE RECOMMENDATIONS TO THE BOARD REGARDING FINANCIAL POLICIES, DECISIONS AND ACTIONS, INCLUDING BUT NOT LIMITED TO SPENDING AND ENDOWMENT PAYOUT POLICIES; SOURCES OF INCOME APPROPRIATE TO MEETING THE COLLEGE'S NEEDS; DEBT CAPACITY, ISSUANCE AND REPAYMENT; AND CAPITAL EXPENDITURES AND FINANCING. THE PRESIDENT WAS FORMERLY ELECTED BY THE BOARD OF TRUSTEES BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE ENTIRE REGULAR MEMBERSHIP OF THE BOARD AS THEN CONSTITUTED. THE PRESIDENT IS NOW ELECTED BY 2/3 OF THE AFFIRMATIVE VOTE OF THE ELIGIBLE MEMBERS OF THE BOARD PRESENT AND VOTING.
FORM 990, PART VI, SECTION B, LINE 11	THE COMPLETE FORM 990 WAS MADE AVAILABLE FOR REVIEW TO ALL TRUSTEES, THE PRESIDENT AND TREASURER PRIOR TO THE FEBRUARY 2015 TRUSTEE MEETING. THE FORM 990 WAS PRESENTED TO AND REVIEWED IN DETAIL BY THE AUDIT AND ASSESSMENT COMMITTEE AT THE MEETING AND PRESENTED FOR APPROVAL TO THE FULL BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	OFFICERS AND TRUSTEES ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST UNDER THE POLICIES OF THE TRUSTEES OF GRINNELL COLLEGE. ANY CONFLICTS MUST BE DISCLOSED IN WRITING BEFORE ENTERING INTO THE TRANSACTION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A TRANSACTION MAY NOT BE ENTERED INTO UNTIL APPROVED BY A VOTE OF AT LEAST TWO-THIRDS BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL REPORT TO THE BOARD OF TRUSTEES ON ALL CONFLICT OF INTEREST TRANSACTIONS CONSIDERED BY IT AT EACH MEETING OF THE BOARD AND, IF REQUESTED BY THE EXECUTIVE COMMITTEE, THE BOARD SHALL CONSIDER WHETHER TO RATIFY THE ACTIONS OF THE EXECUTIVE COMMITTEE WITH RESPECT TO ANY SUCH CONFLICT OF INTEREST TRANSACTION. A CONFLICT OF INTEREST TRANSACTION MAY ONLY BE RATIFIED BY THE AFFIRMATIVE VOTE BY AT LEAST TWO-THIRDS OF THE TRUSTEES PRESENT AND VOTING AT A MEETING OF THE BOARD DULY CALLED AND HELD AFTER THE EXECUTIVE COMMITTEE HAS RECEIVED THE DISCLOSURE. EACH CURRENT MEMBER OF THE BOARD OF TRUSTEES AND EACH OFFICER SHALL FILE A STATEMENT IN JULY OF EACH YEAR WITH THE TREASURER CERTIFYING THAT HE OR SHE HAS READ, AND IS FAMILIAR WITH THE TERMS OF, THIS CONFLICT OF INTEREST POLICY, AND EITHER (A) SETTING FORTH AND DESCRIBING ANY POSSIBLE CONFLICTS OF INTEREST WHICH MAY HAVE ARISEN OR OCCURRED IN THE FISCAL YEAR OF THE COLLEGE ENDING JUNE 30, OR WHICH MAY BE EXPECTED TO ARISE OR OCCUR DURING THE FISCAL YEAR BEGINNING JULY 1, OR (B) THAT HE OR SHE KNOWS OF NO SUCH POSSIBLE CONFLICTS OF INTEREST. KEY EMPLOYEES MUST ANNUALLY COMPLETE THE CAMPUS CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IS REVIEWED BY A COMMITTEE CONSISTING OF MEMBERS FROM THE HUMAN RESOURCES, TREASURER AND DEAN'S OFFICES, RESPECTIVELY.
FORM 990, PART VI, SECTION B, LINE 15	THE COLLEGE HAS A DISQUALIFIED EMPLOYEE COMPENSATION REVIEW POLICY. THE DETERMINATION OF WHO IS CLASSIFIED AS A DISQUALIFIED EMPLOYEE AT GRINNELL COLLEGE IS DETERMINED BY THE LEVEL OF EACH INDIVIDUAL'S INVOLVEMENT IN THE MANAGEMENT AND/OR CONTROL OF CERTAIN FINANCIAL ASPECTS OF THE COLLEGE. GRINNELL COLLEGE WILL ACQUIRE AND USE SUFFICIENT DATA REGARDING COMPARABLE COMPENSATION PACKAGES TO ASSIST IN ESTABLISHING THE COMPENSATION OF DISQUALIFIED EMPLOYEES. THE PROPOSED COMPENSATION FOR EACH DISQUALIFIED PERSON WILL BE APPROVED BY A CONFLICT-FREE DECISION-MAKING BODY COMPOSED OF MEMBERS OF THE GRINNELL COLLEGE BOARD OF TRUSTEES. THE DECISION-MAKING BODY WILL RECEIVE A REBUTTABLE PRESUMPTION SUMMARY FOR EACH INDIVIDUAL AT GRINNELL COLLEGE IDENTIFIED AS A DISQUALIFIED PERSON. ALL RELEVANT INFORMATION WILL BE DOCUMENTED REGARDING THE ACTIONS OF THE DECISION-MAKING BODY. THIS PROCESS WAS USED FOR THE FOLLOWING POSITIONS: PRESIDENT, CHIEF INVESTMENT OFFICER, VICE-PRESIDENT FOR FINANCE & TREASURER, VICE-PRESIDENT FOR STRATEGIC PLANNING & CHIEF OF STAFF, VICE-PRESIDENT FOR COMMUNICATIONS, VICE-PRESIDENT FOR ENROLLMENT, VICE-PRESIDENT FOR STUDENT AFFAIRS, VICE-PRESIDENT FOR COLLEGE SERVICES, VICE-PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS, SECRETARY, DEAN OF THE COLLEGE, FORMER DEAN OF THE COLLEGE, CONTROLLER & ASSISTANT TREASURER, DIRECTOR OF COMPENSATION & ASSISTANT TREASURER, DIRECTOR OF INVESTMENTS, DIRECTOR OF STUDENT FINANCIAL AID AND DIRECTOR OF FACILITIES MANAGEMENT. THE LAST REVIEW WAS CONDUCTED FOR COMPENSATION EFFECTIVE JULY 1, 2014.
FORM 990, PART VI, SECTION C, LINE 18	THE FORM 990 IS AVAILABLE ON THE GRINNELL COLLEGE WEBSITE. FORM 990T IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER KEY POLICIES (RED FLAG, WHISTLEBLOWER, ETC) AVAILABLE TO THE PUBLIC VIA ITS WEBSITE-WWW.GRINNELL.EDU.
FORM 990, PART XI, LINE 9:	CHANGE IN ACCUMULATED POST RETIREMENT OBLIGATION -2,097,432. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,242,312. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 21,691.
SCHEDULE B:	GRINNELL COLLEGE BEGAN RECORDING PLEDGES IN ITS AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2014. AS SUCH, SCHEDULE B HAS ALSO BEEN ADJUSTED FOR PLEDGES RECEIVABLE SO THESE GIFTS ARE CONSISTENTLY REPORTED AS OF JUNE 30, 2014.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Field	Value	IRS element (for citing)
EIN	451371997	EIN
Primary Activities	HEALTH INSURANCE FOR EMPLOYEES AND RETIREES	PrimaryActivitiesTxt
Legal Domicile State	IA	LegalDomicileStateCd
Exempt Code Section	501(C)(9)	ExemptCodeSectionTxt
Public Charity Status	N/A	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Controlled Organization	Yes (1)	ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	RED ROCK VENTURES III LP	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	530 LYTTON AVENUE 2ND FLOOR	AddressLine1
City	PALO ALTO	City
State	CA	State
ZIP Code	94301	ZIPCode

Field	Value	IRS element (for citing)
EIN	770549159	EIN
Primary Activities	VENTURE CAPITAL	PrimaryActivitiesTxt
Legal Domicile State	DE	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Predominant Income Type	INVESTMENT	PredominantIncomeTypeTxt
Share Of Total Income	-$145,136	ShareOfTotalIncomeAmt
Share Of EOY Assets	$391,028	ShareOfEOYAssetsAmt
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	0	GeneralOrManagingPartnerInd
Ownership	0.59100	OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
POWESHIEK PETROLEUM CORPORATION
733 BROAD STREET	GRINNELL	IA	50112	730646866	OIL & GAS PRODUCTION	IL	TRUSTEES OF GRINNELL COLLEGE	C	$54,001	$33,279	1.00000	Yes (1)
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	CA		T				0	N/A
CHARITABLE REMAINDER UNITRUSTS (20)
					TRUST	IA		T				0	N/A
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	IL		T				0	N/A
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	MN		T				0	N/A
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	MO		T				0	N/A
CHARITABLE REMAINDER ANNUITY TRUSTS (2)
					TRUST	IA		T				0	N/A

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	Yes (1)	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	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST
R	$7,821,761	CASH TRANSFERRED
CHARITABLE REMAINDER UNITRUSTS
S	$5,872,745	CASH TRANSFERRED
CHARITABLE REMAINDER ANNUITY TRUST
S	$3,046,659	CASH TRANSFERRED