REED INSTITUTE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- REED INSTITUTE (EIN 93-0386908)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-04-23
- IRS object ID
- 201501149349300710
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-23T13:38:30-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930386908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REED INSTITUTE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | REED | BusinessNameControlTxt |
| Phone | 5037777505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3203 SE Woodstock Blvd | AddressLine1 |
| City | Portland | City |
| State | OR | State |
| ZIP Code | 972028199 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lorraine Arvin | PersonNm |
| Person Title | Vice President and Treasurer | PersonTitleTxt |
| Phone | 5037777240 | PhoneNum |
| Signature | 2015-04-23 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REED COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lorraine Arvin | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3203 SE Woodstock Blvd | AddressLine1 |
| City | Portland | City |
| State | OR | State |
| ZIP Code | 972028199 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $321,283,898 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.reed.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1908 | FormationYr |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Activity Or Mission | Provide education in the liberal arts and sciences | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 1820 | TotalEmployeeCnt |
| Total Volunteers | 3152 | TotalVolunteersCnt |
| Total Gross UBI | -$491,600 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,963,181 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,802,923 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $72,362,831 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $77,401,004 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,030,277 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,024,846 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,518,640 | PYOtherRevenueAmt |
| CY Other Revenue | $10,043 | CYOtherRevenueAmt |
| PY Total Revenue | $102,874,929 | PYTotalRevenueAmt |
| CY Total Revenue | $107,238,816 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $21,726,858 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,371,779 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $49,021,979 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $52,190,565 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $37,444 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $25,712 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,378,830 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $31,534,849 | PYOtherExpensesAmt |
| CY Other Expenses | $32,272,541 | CYOtherExpensesAmt |
| PY Total Expenses | $102,321,130 | PYTotalExpensesAmt |
| CY Total Expenses | $107,860,597 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $553,799 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$621,781 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $666,186,990 | TotalAssetsBOYAmt |
| Total Assets EOY | $745,731,927 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $125,382,921 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $133,801,009 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $540,804,069 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $611,930,918 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of Reed College is to provide education in the liberal arts and sciences. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,143,847 | ExpenseAmt |
| Grant | $1,143,847 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | The Institute had 18 research grants funded with federal funds. Departments funded were Biology, Chemistry, Financial Aid, Math, Psychology, Sociology, and Political Science. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $83,604,477 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $62,110,883 | RevenueAmt |
| Desc | 1359 FTE Students, 326 degrees conferred 13/14. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,952,000 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $13,234,897 | RevenueAmt |
| Desc | Auxiliary services - students living in dorms, using dining facilities and bookstore. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $97,700,324 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | 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 | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | 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 | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1756 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1820 | 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 | 0 | ForeignFinancialAccountInd |
| 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 | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lorraine Arvin | PersonNm |
| Phone | 5037777240 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Vice President and Treasurer | AddressLine1 |
| Address Line2 | 3203 SE Woodstock Blvd | AddressLine2 |
| City | Portland | City |
| State | OR | State |
| ZIP Code | 972028199 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Konrad S Alt '81 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John D Bergholz '83 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Matthew P Bergman '84 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Timothy Boyle | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| M Jane Buchan | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Suzanne Cassidy MD '65 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Richard J Danzig '65 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Kurt D Delbene '62 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Donald Engelman '62 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jody Hoffer Gittel '84 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Daniel B Greenberg '62 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Dennis Henner | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Linda G Howard '70 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jay M Hubert '66 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| George M James '77 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey L Kenner | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Anna Hayes Levin | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alex J Martinez '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Linda H Matthews '67 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Michael R Mercy M D '87 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Sandra E Mintz | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Peter Norton '65 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Margaret Hill Noto '75 | |||||||||
| Trustee-Secretary | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Eduardo Ochoa '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Roger M Perlmutter '73 | |||||||||
| Trustee-Chairman | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John P Sheehy '82 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alice Larkin Steiner '74 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Georges C St Laurent Jr | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Peter C Stockman '77 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Harriett Tee Taggart | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Richard H Wollenberg '75 | |||||||||
| Trustee-Vice Chairman | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Marcia Yaross '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John R Kroger | |||||||||
| President | 40 | 0 | Yes (X) | $381,690 | $0 | $23,262 | Yes (X) | ||
| Edwin O McFarlane | |||||||||
| VP/Treasurer | 40 | 0 | $251,748 | $0 | $32,499 | Yes (X) | |||
| Hugh Porter | |||||||||
| VP/College Relations | 40 | 0 | $260,771 | $0 | $39,466 | Yes (X) | |||
| Patrick G McDougal | |||||||||
| VP/Dean of the Faculty | 40 | 0 | $134,890 | $0 | $18,960 | Yes (X) | |||
| Michael Brody | |||||||||
| VP & Dean of Student Services | 40 | 0 | $176,376 | $0 | $31,129 | Yes (X) | |||
| Nigel J Nicholson | |||||||||
| Dean of the Faculty | 40 | 0 | $176,156 | $0 | $30,015 | Yes (X) | |||
| Lorraine Arvin | |||||||||
| VP and Treasurer | 40 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Martin Ringle | |||||||||
| Chief Tech Officer | 40 | 0 | $172,453 | $0 | $23,265 | Yes (X) | |||
| Keith Todd | |||||||||
| Dean of Admission | 40 | 0 | $166,648 | $0 | $24,291 | Yes (X) | |||
| Jan E Kurtz | |||||||||
| Director of Development | 40 | 0 | $149,241 | $0 | $24,285 | Yes (X) | |||
| Lisa M Steinman | |||||||||
| Professor | 40 | 0 | $147,207 | $0 | $23,812 | Yes (X) | |||
| Tracy L Frantel | |||||||||
| Controller | 40 | 0 | $146,559 | $0 | $23,456 | Yes (X) | |||
| Colin S Diver | |||||||||
| Former President | 0 | 0 | $210,634 | $0 | $27,378 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,374,373 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $321,818 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 79 | 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 | Address Line2ContractorAddress/USAddress/AddressLine2 |
|---|---|---|---|---|---|---|
| Hoffman Construction Company | ||||||
| 805 SW Broadway Ste 2100 | Portland | OR | 97205 | Construction | $12,240,286 | |
| Bon Appetit | ||||||
| Suite 100 | Menlo Park | CA | 94025 | Food service | $3,598,601 | 2730 Sand Hill Road |
| Ameresco Quantum | ||||||
| 111 Speen St Ste 410 | Framingham | MA | 01701 | Energy services | $2,841,797 | |
| Swets Information Services | ||||||
| PO Box 827147 | Philadelphia | PA | 191827147 | Information services | $759,284 | |
| Washington Roofing Co | ||||||
| 1700 SW Hwy 18 | McMinnville | OR | 97128 | Roofing | $506,725 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $1,269,601 | GovernmentGrantsAmt |
| All Other Contributions | $14,533,322 | AllOtherContributionsAmt |
| Noncash Contributions | $4,197,455 | NoncashContributionsAmt |
| Total Contributions | $15,802,923 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and fees | 611710 | $62,110,883 | $62,110,883 | $0 | $0 |
| Auxiliary-dorm fees | 611710 | $6,399,773 | $6,399,773 | $0 | $0 |
| Auxiliary-cafeteria fees | 611710 | $5,368,889 | $5,368,889 | $0 | $0 |
| Auxiliary-bookstore fees | 611710 | $1,466,235 | $1,466,235 | $0 | $0 |
| Other revenue and fees | 611710 | $2,055,224 | $2,055,224 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $77,401,004 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,016,845 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$491,600 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,508,445 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,922 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,879 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,043 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,043 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,043 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $227,043,204 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $214,035,203 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,008,001 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,008,001 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,008,001 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,238,816 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,401,004 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$491,600 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,526,489 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,371,779 | TotalAmt |
| Program Services | $23,371,779 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,647,299 | TotalAmt |
| Program Services | $466,210 | ProgramServicesAmt |
| Management And General | $858,124 | ManagementAndGeneralAmt |
| Fundraising | $322,965 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,567,240 | TotalAmt |
| Program Services | $30,699,755 | ProgramServicesAmt |
| Management And General | $1,649,238 | ManagementAndGeneralAmt |
| Fundraising | $2,218,247 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,121,482 | TotalAmt |
| Program Services | $2,780,480 | ProgramServicesAmt |
| Management And General | $142,436 | ManagementAndGeneralAmt |
| Fundraising | $198,566 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,177,294 | TotalAmt |
| Program Services | $8,810,415 | ProgramServicesAmt |
| Management And General | $671,432 | ManagementAndGeneralAmt |
| Fundraising | $695,447 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,677,250 | TotalAmt |
| Program Services | $2,311,920 | ProgramServicesAmt |
| Management And General | $179,583 | ManagementAndGeneralAmt |
| Fundraising | $185,747 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,274 | TotalAmt |
| Program Services | $107,783 | ProgramServicesAmt |
| Management And General | $71,129 | ManagementAndGeneralAmt |
| Fundraising | $4,362 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,165 | TotalAmt |
| Program Services | $103,756 | ProgramServicesAmt |
| Management And General | $67,283 | ManagementAndGeneralAmt |
| Fundraising | $4,126 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,712 | TotalAmt |
| Fundraising | $25,712 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,288,466 | TotalAmt |
| Program Services | $9,547,676 | ProgramServicesAmt |
| Management And General | $546,615 | ManagementAndGeneralAmt |
| Fundraising | $194,175 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,527,369 | TotalAmt |
| Program Services | $7,015,015 | ProgramServicesAmt |
| Management And General | $367,489 | ManagementAndGeneralAmt |
| Fundraising | $144,865 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,474,280 | TotalAmt |
| Program Services | $867,024 | ProgramServicesAmt |
| Management And General | $572,168 | ManagementAndGeneralAmt |
| Fundraising | $35,088 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,871,932 | TotalAmt |
| Program Services | $1,778,335 | ProgramServicesAmt |
| Management And General | $82,365 | ManagementAndGeneralAmt |
| Fundraising | $11,232 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,961,718 | TotalAmt |
| Program Services | $1,546,774 | ProgramServicesAmt |
| Management And General | $137,010 | ManagementAndGeneralAmt |
| Fundraising | $277,934 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,332,385 | TotalAmt |
| Program Services | $2,215,765 | ProgramServicesAmt |
| Management And General | $102,626 | ManagementAndGeneralAmt |
| Fundraising | $13,994 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,517,642 | TotalAmt |
| Program Services | $4,291,760 | ProgramServicesAmt |
| Management And General | $198,776 | ManagementAndGeneralAmt |
| Fundraising | $27,106 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,606 | TotalAmt |
| Program Services | $297,053 | ProgramServicesAmt |
| Management And General | $90,054 | ManagementAndGeneralAmt |
| Fundraising | $16,499 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,536,704 | TotalAmt |
| Program Services | $1,488,824 | ProgramServicesAmt |
| Management And General | $45,115 | ManagementAndGeneralAmt |
| Fundraising | $2,765 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,860,597 | TotalAmt |
| Program Services | $97,700,324 | ProgramServicesAmt |
| Management And General | $5,781,443 | ManagementAndGeneralAmt |
| Fundraising | $4,378,830 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,697,979 | BOYAmt |
| EOY | $6,107,563 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,458,293 | BOYAmt |
| EOY | $6,484,226 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,411,442 | BOYAmt |
| EOY | $11,823,884 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,255,242 | BOYAmt |
| EOY | $852,073 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,926,742 | BOYAmt |
| EOY | $5,902,069 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,147,839 | BOYAmt |
| EOY | $4,637,434 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $213,705,180 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $78,722,153 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,095,191 | BOYAmt |
| EOY | $134,983,027 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,988,926 | BOYAmt |
| EOY | $136,553,721 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381,838,299 | BOYAmt |
| EOY | $436,877,025 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,037 | BOYAmt |
| EOY | $1,510,905 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,186,990 | BOYAmt |
| EOY | $745,731,927 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,436,974 | BOYAmt |
| EOY | $6,329,393 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,841,735 | BOYAmt |
| EOY | $1,413,955 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,701,807 | BOYAmt |
| EOY | $81,323,608 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,010 | BOYAmt |
| EOY | $97,679 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,196,395 | BOYAmt |
| EOY | $44,636,374 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,382,921 | BOYAmt |
| EOY | $133,801,009 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,833,062 | BOYAmt |
| EOY | $352,047,752 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,569,907 | BOYAmt |
| EOY | $95,501,981 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,401,100 | BOYAmt |
| EOY | $164,381,185 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $540,804,069 | BOYAmt |
| EOY | $611,930,918 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,186,990 | BOYAmt |
| EOY | $745,731,927 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$621,781 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $59,185,506 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $12,563,124 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $480,398,152 | BeginningYearBalanceAmt |
| Contributions | $5,272,650 | ContributionsAmt |
| Investment Earnings Or Losses | $73,116,008 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,227,447 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,728,428 | OtherExpendituresAmt |
| Administrative Expenses | $523,632 | AdministrativeExpensesAmt |
| End Year Balance | $535,307,303 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $437,080,525 | BeginningYearBalanceAmt |
| Contributions | $8,414,977 | ContributionsAmt |
| Investment Earnings Or Losses | $55,724,447 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,481,976 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,820,658 | OtherExpendituresAmt |
| Administrative Expenses | $519,163 | AdministrativeExpensesAmt |
| End Year Balance | $480,398,152 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $406,008,955 | BeginningYearBalanceAmt |
| Contributions | $37,901,157 | ContributionsAmt |
| Investment Earnings Or Losses | $15,898,933 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,108,823 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,145,332 | OtherExpendituresAmt |
| Administrative Expenses | $1,474,365 | AdministrativeExpensesAmt |
| End Year Balance | $437,080,525 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $365,593,559 | BeginningYearBalanceAmt |
| Contributions | $3,425,302 | ContributionsAmt |
| Investment Earnings Or Losses | $62,757,798 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,143,512 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,265,381 | OtherExpendituresAmt |
| Administrative Expenses | $3,358,811 | AdministrativeExpensesAmt |
| End Year Balance | $406,008,955 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $312,831,008 | BeginningYearBalanceAmt |
| Contributions | $30,295,533 | ContributionsAmt |
| Investment Earnings Or Losses | $49,555,065 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,902,283 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,632,572 | OtherExpendituresAmt |
| Administrative Expenses | $4,553,152 | AdministrativeExpensesAmt |
| End Year Balance | $365,593,599 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.55 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.3 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15 | 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 | $2,163,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $9,246,257 | OtherCostOrOtherBasisAmt |
| Book Value | $11,409,257 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $188,170,677 | OtherCostOrOtherBasisAmt |
| Depreciation | $66,170,897 | DepreciationAmt |
| Book Value | $121,999,780 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $14,125,246 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,551,256 | DepreciationAmt |
| Book Value | $1,573,990 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $134,983,027 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Alternative investments | Desc |
| Book Value | $436,877,025 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $436,877,025 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Postretirement benefits payable | $25,500,282 |
| Liability for split interest agreements | $11,177,015 |
| Refundable loan programs | $2,756,743 |
| Asset retirement obligation | $3,053,284 |
| Swap derivative | $2,149,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $44,636,374 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $143,311,054 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $59,185,506 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$312,803 | OtherRevenueAmt |
| Revenue Not Reported | $58,872,703 | RevenueNotReportedAmt |
| Revenue Subtotal | $84,438,351 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $22,800,465 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $22,800,465 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $107,238,816 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $82,132,032 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $82,132,032 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $25,728,565 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $25,728,565 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $107,860,597 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 | The college's endowment funds are used for scholarships, chairs, academic support, library support, student services, and general operating support. |
| Schedule D, Part XI, Line 2d | Annuity and life income unrealized gains 312,803 |
| Schedule D, Part XI, Line 4b | Scholarships 22,800,465 |
| Schedule D, Part XII, Line 4b | Scholarships, 22,800,465, annuity and life income 3,006,819, Odyssey -34,398, Grayco -44,321 |
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 | Newspaper announcement is done once a year and statement on Admission website-http://www.reed.edu/diversity/index.html. |
| Schedule E, Part I, Line 6 | Financial assistance is from SEOG, Perkins, and Title 4 financial aid. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $35,179,000 |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | $1,486,000 |
| East Asia and the Pacific | 0 | 0 | Investments | $3,534,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Spent | $40,199,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| Reed Grants | 650 | $22,482,115 | $0 |
| SEOG | 261 | $209,939 | $0 |
| Oregon State Grants | 41 | $81,000 | $0 |
| Other State Grants | 12 | $9,830 | $0 |
| Other Outside Awards | 90 | $588,895 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | A budget based on the grant proposal is entered into the accounting system. Purchases are monitored and approved by the controller and assistant controller. Wages paid are supported by time and effort reports. The grants coordinator reviews grant expenditure reports monthly. Quarterly financial reports are submitted for federal grants. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John R Kroger | ||||||||||||||
| President | $381,690 | $0 | $0 | $0 | $0 | $0 | $19,229 | $0 | $4,033 | $0 | $404,952 | $0 | $0 | $0 |
| Edwin O McFarlane | ||||||||||||||
| VP/Treasurer | $251,748 | $0 | $0 | $0 | $0 | $0 | $24,448 | $0 | $8,051 | $0 | $284,247 | $0 | $0 | $0 |
| Hugh Porter | ||||||||||||||
| VP/College Relations | $260,771 | $0 | $0 | $0 | $0 | $0 | $25,500 | $0 | $13,966 | $0 | $300,237 | $0 | $0 | |
| Michael Brody | ||||||||||||||
| VP & Dean of Student Services | $176,376 | $0 | $0 | $0 | $0 | $0 | $18,047 | $0 | $13,082 | $0 | $207,505 | $0 | $0 | $0 |
| Nigel J Nicholson | ||||||||||||||
| Dean of the Faculty | $176,156 | $0 | $0 | $0 | $0 | $0 | $16,936 | $0 | $13,079 | $0 | $206,171 | $0 | $0 | $0 |
| Martin Ringle | ||||||||||||||
| Chief Tech Officer | $134,779 | $0 | $0 | $0 | $37,674 | $0 | $15,557 | $0 | $7,708 | $0 | $195,718 | $0 | $0 | $0 |
| Keith Todd | ||||||||||||||
| Dean of Admission | $166,648 | $0 | $0 | $0 | $0 | $0 | $16,643 | $0 | $7,648 | $0 | $190,939 | $0 | $0 | $0 |
| Patrick G McDougal | ||||||||||||||
| VP/Dean of the Faculty | $134,890 | $0 | $0 | $0 | $0 | $0 | $12,106 | $0 | $6,854 | $0 | $153,850 | $0 | $0 | $0 |
| Colin S Diver | ||||||||||||||
| Former President | $210,634 | $0 | $0 | $0 | $0 | $0 | $20,864 | $0 | $6,514 | $0 | $238,012 | $0 | $0 | $0 |
| Jan E Kurtz | ||||||||||||||
| Director of Development | $149,241 | $0 | $0 | $0 | $0 | $0 | $15,108 | $0 | $9,177 | $0 | $173,526 | $0 | $0 | $0 |
| Lisa M Steinman | ||||||||||||||
| Professor | $147,207 | $0 | $0 | $0 | $0 | $0 | $14,581 | $0 | $9,231 | $0 | $171,019 | $0 | $0 | $0 |
| Tracy L Frantel | ||||||||||||||
| Controller | $146,559 | $0 | $0 | $0 | $0 | $0 | $14,483 | $0 | $8,973 | $0 | $170,015 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Residence and house cleaning are provided for the President. This is required as a condition of employment and is not considered taxable compensation. | ExplanationTxt |
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 |
|---|---|---|---|---|---|---|---|---|
| Oregon Facilities Authority | ||||||||
| A | 936001787 | 68608JJE2 | 2008-04-23 | $47,060,000 | See Part VI | 0 | 0 | 0 |
| Oregon Facilities Authority | ||||||||
| B | 936001787 | 68608JNAS | 2011-03-22 | $40,030,000 | See part VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,350,000 | $0 | $47,060,000 | $0 | $977,670 | $0 | $460,000 | $0 | $0 | $0 | $45,622,338 | $0 | 2008 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $0 | $0 | $40,030,000 | $0 | $0 | $0 | $378,528 | $0 | $0 | $20,076,273 | $19,575,199 | $0 | 2013 | Yes (1) | 0 | Yes (1) | Yes (1) |
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 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UBS | ||||||||||||
| A | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 13 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column f-04/23/2008 47,060,000 Oregon Facilities Authority | The 2008 Bonds were issued to provide funds needed by the college to redeem and retire the 2006 and 2007 Bond issues. |
| Schedule K, Part I, Column f-03/22/2011 40,030,000 Oregon Facilities Authority | The 2011 Bonds were issued to provide funds for the refunding of the 2000 Bond issue and the planning, construction and financing of a performing arts building for the music, dance and theatre departments. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Margaret Hill Noto | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Trustee | RelationshipDescriptionTxt |
| Transaction | $112,512 | TransactionAmt |
| Transaction | Legal services provided by Stoel Rives | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,800 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | opinions of experts | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $11,843 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | opinions of experts | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 88 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,158,312 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Musical Instruments | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $24,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | opinion of expert | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 1 | FormAndLineReferenceDesc |
| Explanation | The numbers reported in Part I, column (b) represent the number of items contributed. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | A electronic draft of the form 990 is provided to the Audit Committee of the Board of Trustees. The committee reviews, discusses, and provides input to management. After the Audit Committee accepts the form 990, it is made available to all Trustees for review. After any further trustee questions are resolved, the form 990 is filed. |
| Form 990, Part VI, Section B, Line 12c | Reed requires all officers and institutional trustees to complete a conflict of interest form annually. The form includes the college's conflict of interest policy and asks each individual about the existence of conflicts of interest. If a conflict of interest exists the officer or trustee is asked to describe the situation in their response. These forms are reviewed by the Vice-President and Treasurer and the Chair of the Audit Committee of the Board. Persons with a conflict are prohibited from participating in the Board and officer deliberations and decisions in those transactions. |
| Form 990, Part VI, Section B, Line 15 | The Executive Committee, which is comprised of independent Trustees, annually reviews presidential and officer compensation data from comparator colleges along with other data provided by the Human Resources Office. They also conduct an annual performance evaluation of the President. Any changes in the President's compensations are approved by the Executive Committee, and communicated by the Chair of Board of Trustees in writing to the President. The Executive Committee review and decisions on executive compensation are documented in the minutes of the Executive Committee meetings. These reviews are completed in June of each year. |
| Form 990, Part VI, Section C, Line 19 | Governing documents are available upon request. Conflict of interest policy and financial statements are available on the College's Office of the Treasurer website. |
| Form 990, Part XI, Line 9 | Grayco revenue adjustment (44,321), adjustment for Grayco not included in prior 990 (843,140), annuity and life Income unrealized gains 312,803, adjustment for annuity and life income not included in prior 990 13,137,782, Total 12,563,124 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Odyssey Property Holdings Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3203 SE Woodstock Blvd | AddressLine1 |
| City | Portland | City |
| State | OR | State |
| ZIP Code | 97202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200779531 | EIN |
| Primary Activities | acquiring, developing, holding title to property | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(2) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Reed Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grayco Resources Inc | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | 930603357 | Rental Activity | OR | The Reed Institute | S | $70,000 | $1,343,301 | 1 | Yes (1) |
| Charitable remainder trust (31) | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | Trust | OR | The Reed Institute | T | 0 | ||||
| Pooled Income Fund (1) | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | Pooled Income Fund | OR | The Reed Institute | T | 0 | ||||
| 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 | 0 | 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 | Yes (1) | 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 | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grayco Resources Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | k | TransactionTypeTxt |
| Involved | $70,000 | InvolvedAmt |
| Method Of Amount Determination | Lease Agreement. | MethodOfAmountDeterminationTxt |