2015-12-14T07:28:45-06:00 2015-06-30 561391615 CRAWLEY LEE & COMPANY PA PO BOX 5595 ASHEVILLE NC 288135595 990 2014-07-01 560767736 WARREN WILSON COLLEGE WARR 8282983325 PO BOX 9000 ASHEVILLE NC 288159000 STEPHANIE OWENS VP OF ADMIN & FINANCE 8282983325 2015-12-02 true JAMES A LEE CPA P00548231 8282745524 2015-12-02 2014 2016-03-07 17:11:31Z STEVEN L SOLNICK PRESIDENT PO BOX 9000 ASHEVILLE NC 288159000 146022827 false X WWW.WARREN-WILSON.EDU X 1962 NC THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. 25 21 1426 24 -189822 -189822 6459876 6746202 32166519 33543417 -5175862 5459560 1319651 962090 34770184 46711269 11616013 13173280 0 19617783 18823368 0 1080409 12482288 12861936 43716084 44858584 -8945900 1852685 105909538 106924163 18521964 18479235 87387574 88444928 X THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. false false 37708907 13173280 32689515 MOST PROGRAMS RENDERED ARE RELATED TO PROVIDING STUDENTS, ON A NON- DISCRIMINATORY BASIS, FOUR-YEAR LIBERAL ARTS DEGREES THROUGH AN INTEGRATED TRIAD OF ACADEMIC STUDY, USEFUL AND PRODUCTIVE WORK, AND SERVICE TO OTHERS BEYOND THE CAMPUS COMMUNITY. THE FULL-TIME EQUIVALENT ENROLLEMNT AT THE COLLEGE DURING THE 2014-2015 ACADEMIC YEAR WAS APPROXIMATELY 919 UNDERGRADUATE STUDENTS, AND A TOTAL OF 191 STUDENTS (BOTH GRADUATE AND UNDERGRADUATE) STUDENTS GRADUATED FROM THE COLLEGE DURING THE YEAR. A LOW-RESIDENCY GRADUATE PROGRAM IN CREATIVE WRITING LEADING TO A MASTER OF FINE ARTS DEGREE IS ALSO OFFERED, AND AVERAGES AROUND 86 ENROLLEES. THE COLLEGE PREPARED STUDENTS REPRESENTING A BROADLY DIVERSE WORLD FOR SERVICE, LEADERSHIP, AND MEANINGFUL LIFELONG WORK AND STUDY BY OFFERING AN EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY AWAY DESTINATIONS IN ENGLAND, ALASKA, AREMENIA, CHINA, IRELAND, AND MEXICO TO WHICH 63 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 17 STUDENTS STUDIED ABROAD INDEPENDENTLY FOR THE SUMMER, SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN ONE LATIN AMERICAN NATION, EIGHT EUROPEAN NATIONS, TWO NATIONS IN ASIA, ONE NATION IN AUSTRALIA OCEANA, AND TWO MULTI-CONTINENTAL COMPARATIVE TRAVELING PROGRAMS. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 116 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 767 STUDENTS PARTICIPATING IN THE FALL OF 2014 AND 692 STUDENTS PARTICIPATING IN THE SPRING OF 2015. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 354 STUDENT PARTICIPANTS AND ABOUT 36 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, 784 STUDENTS COMPLETED 58,065 VOLUNTEER HOURS AT 257 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 300 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 22 SITES. 625417 1021801 THE SWANNANOA GATHERING IS A SERIES OF WEEKLY EDUCATION SUMMER MUSIC WORKSHOPS HELD ON THE WARREN WILSON COLLEGE CAMPUS EACH JULY AND AUGUST. THE ENROLLMENT IS LIMITED, WITH AN OPEN FORMAT, WHICH ALLOWS EACH STUDENT TO SELECT THEIR OWN CURRICULUM FROM A VARIETY OF COURSES WITH DIFFERENT EXPERIENCE LEVELS AND ABILITIES. HOUSING AND MEALS FOR PARTICIPANTS IS AN OPTION. THE NORTH CAROLINA DEPARTMENT OF PUBLIC INSTRUCTION HAS ALLOWED 3 HOURS OF TEACHING CERTIFICATE RENEWAL CREDITS, WITH PRIOR APPROVAL, FOR EACH WEEK OF THE SERIES. TOTAL STUDENTS IN THE SUMMER OF 2015 WERE 1055, RANGING BETWEEN 93 AND 240 PARTICIPANTS FOR EACH OF THE FIVE WEEKS. 38334324 true true false false false false false false true true true true false true true true true false true false false false true false false false false false true true false false false true false false true false true false false false true false false false false true 261 0 1426 true true true false false false false false false false false false false false false false false X 25 21 false false true false false false false true true false false true true true true true false false false false X MARY DAVIS CONTROLLER 8282983325 701 WARREN WILSON ROAD SWANNANOA NC 28778 CATHERINE REID EX-OFFICIO FACULTY REPR 40.00 X 39699 0 8299 STAN J CROSS EX-OFFICIO STAFF REPRES 40.00 X 39540 0 13141 JOEL B ADAMS TRUSTEE 1.00 X 0 0 0 H ROSS ARNOLD III TRUSTEE 1.00 X 0 0 0 ALICE C BUHL TRUSTEE / CH 1.50 X 0 0 0 CARMEN CASTALDI TRUSTEE 1.00 X 0 0 0 CHIUNG SALLY CHOU TRUSTEE 1.00 X 0 0 0 WILLIAM H CHRISTY TRUSTEE/SECR 1.50 X 0 0 0 R MICHAEL CONDREY TRUSTEE 1.00 X 0 0 0 DONALD R COOPER TRUSTEE 1.00 X 0 0 0 HENRY J COPELAND TRUSTEE 1.00 X 0 0 0 JOHN W CRUIKSHANK III TRUSTEE 1.00 X 0 0 0 JESSICA L CULPEPPER TRUSTEE 1.00 X 0 0 0 JONATHAN L ELION TRUSTEE / VI 1.50 X 0 0 0 GEORGE W HATCH TRUSTEE 1.00 X 0 0 0 THOMAS K JOHNSON TRUSTEE 1.00 X 0 0 0 STEVEN M KANE TRUSTEE 1.00 X 0 0 0 THOMAS L KILDAY TRUSTEE 1.00 X 0 0 0 JAMES A KUHNS TRUSTEE 1.00 X 0 0 0 WILLIAM A LARAMEE TRUSTEE 1.00 X 0 0 0 ANNE GRAHAM MASTERS TRUSTEE 1.00 X 0 0 0 SUSAN E PAULY TRUSTEE 1.00 X 0 0 0 ANTHONY S RUST TRUSTEE 1.00 X 0 0 0 GEORGE ANDREW SCOTT TRUSTEE 1.00 X 0 0 0 TERRY V SWICEGOOD TRUSTEE 1.00 X 0 0 0 STEPHEN L UMMEL TRUSTEE/TREA 1.00 X 0 0 0 FRANCES M WHITFIELD TRUSTEE 1.00 X 0 0 0 RONALD F HUNT EX-OFFICIO FMR BOARD CH 1.00 X 0 0 0 DE'ANDREA LOTTIER EX-OFFICIO STUDENT REPR 1.00 X 0 0 0 CARL MICHAEL NIX EX-OFFICIO PRES ALUMNI 1.00 X 0 0 0 HOWELL L FERGUSON FMR BOARD CH 0.00 X 0 0 0 HUGH D VERNER DECD MAR (FM 0.00 X 0 0 0 JAY VAWTER ASSOCIATE ME 1.00 X 0 0 0 STEVEN L SOLNICK EX-OFFICIO PRESIDENT 40.00 X 304675 0 33187 DAWN MEDLEY VP FOR ENROL 40.00 X 125818 0 17247 PAULA K GARRETT VP ACADEMIC 40.00 X 120317 0 19119 ALAN MCIVOR INTERIM VP F 40.00 X 94500 0 0 STEPHANIE R OWENS VP ADMIN & F 40.00 X 84002 0 15297 IAN ROBERTSON DEAN OF WORK 40.00 X 79866 0 15748 PAUL PERRINE DEAN OF STUD 40.00 X 74854 0 30403 CATHY KRAMER DEAN OF SERV 40.00 X 66965 0 17117 K JOHNSON BOWLES VP FOR ADVAN 40.00 X 35252 0 3443 1065488 173001 3 false true false SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30322 FOOD SVC CONTRA 1785321 ROLYN COMPANIES INC 220 OLD AIRPORT ROAD FLETCHER NC 28732 CONTRACTOR 462711 NORTH AMERICAN ROOFING INC 41 DOGWOOD ROAD ASHEVILLE NC 28806 CONSTRUCTION 225826 H&M CONSTRUCTORS PO BOX 16589 ASHEVILLE NC 28816 CONSTRUCTION 194755 DALTON HVAC INC 1272B OLD FORT ROAD FAIRVIEW NC 28730 CONSTRUCTION 165248 10 3283125 3463077 106501 6746202 TUITION AND FEES 611710 25767828 25767828 AUXILIARY ENTERPRISES 611710 6753788 6753788 SWANNANOA GATHERING 611600 1021801 1021801 33543417 441670 441670 103441725 530002 98419809 534028 5021916 -4026 5017890 -4026 5021916 167899 357721 -189822 -189822 OTHER INCOME 900099 894032 894032 INSURANCE PROCEEDS 900099 426103 426103 CHANGE IN INTEREST RATE SWAP 70301 70301 -238524 -238524 1151912 46711269 33539391 -189822 6615498 12879513 12879513 293767 293767 1218409 362926 745689 109794 14322420 12695845 1107160 519415 690173 597278 64486 28409 1648237 1416617 163777 67843 944129 734600 171070 38459 556526 556526 2091420 1832806 258614 INSTITUTIONAL SUPPORT & F 2693018 2376529 316489 INSTRUCTION-OTHER 2104610 2104610 AUXILIARY ENTERPRISES-OTH 1879526 1879526 STUDENT SERVICES-OTHER 1808380 1808380 1728456 1728456 44858584 38334324 5443851 1080409 750 750 9450612 9089623 1109799 226374 726311 955740 163554 166750 52469 58832 280785 311372 321451 303460 71400208 40759739 31155788 30640469 17660356 50229587 37103653 5929946 7884010 9011260 105909538 106924163 614234 858153 943468 970508 12956645 12237848 4007617 4412726 18521964 18479235 X 28781647 29627136 28227943 28109614 30377984 30708178 87387574 88444928 105909538 106924163 1852685 -795331 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 65699 274239 256152 83786 false 58421985 754106 4263919 1832796 2030241 500 59576473 65198540 764101 -3697211 1811204 2032241 58421985 61612768 1664432 4936937 1257768 1756779 1050 65198540 55604445 447618 8050656 1123071 1366630 250 61612768 51020460 2307494 4549816 1018222 1253582 1520 55604446 0.15800 0.51500 0.32700 true false 2964494 2964494 55704649 29541303 26163346 12094385 10740772 1353613 636680 477664 159016 30640469 LIMITED PARTNERSHIPS 4200000 F CASH EQUIVALENTS 1729946 F 5929946 BENEFICIAL INTEREST IN CHARITABLE RE 5745129 CASH/EQUIVALENTS RESTRICTED TO INVES 2637454 CONSTRUCTION IN PROGRESS 346380 LAND HELD FOR RESALE 257000 OTHER ASSETS 25297 9011260 ADVANCE TUITION & ROOM DEPOSITS 2122937 SWAP INSTRUMENT 1448950 ANNUITY PAYABLE 488856 OBLIGATIONS UNDER CAPITAL LEASE 194066 OTHER 157917 4412726 X 33100379 -795331 -13173280 -13968611 47068990 -357721 -357721 46711269 32043025 32043025 12815559 12815559 44858584 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE COLLEGE HOLDS FUNDS FOR A VARIETY OF ACADEMIC, INSTITUTIONAL, AND STUDENT GROUPS AND ACCOUNTS FOR ADDITIONS TO AND DISTRIBUTIONS FROM THESE FUNDS SEPARATELY. SCHEDULE D, PAGE 2, PART V, LINE 4 THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF TRUSTEES, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE'S SPENDING AND INVESTMENT POLICIES WORK TOGETHER TO ACHIEVE THIS OBJECTIVE. THIS INVESTMENT POLICY ESTABLISHES AN ACHIEVABLE RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. THE CURRENT LONG-TERM OBJECTIVE IS TO PROTECT THE CORPUS OF ASSETS IN REAL TERMS AND TO ACHIEVE THE HIGHEST, PRUDENT REAL RETURN POSSIBLE. TO SATISFY ITS LONG- TERM RATE-OF-RETURN OBJECTIVES, THE COLLEGE RELIES ON A RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD. IN 2015 THE SPENDING POLICY CALCULATES THE DISBURSEMENTS FROM THE ENDOWMENT FUNDS BASED ON 7.3% OF THE AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS. THE INCREASED ENDOWMENT DRAW ABOVE 5% WAS USED TO OFFSET EXPENDITURES AS APPROPRIATE WITHIN THE OPERATING BUDGET, WITH THE FUNDS THUS DISPLACED USED TO CREATE THE STRATEGIC INVESTMENT FUND. THE SPENDING RATE FOR RESTRICTED FUNDS THAT DID NOT DISPLACE OTHER FUNDS WITHIN THE OPERATING BUDGET REMAINED AT 5%. THIS SPENDING POLICY ALLOWS FOR PRESERVATION OF PRINCIPAL AS WELL AS CAPITAL APPRECIATION. SCHEDULE D, PAGE 3, PART X THE COLLEGE'S POLICY IS TO EVALUATE ALL TAX POSITIONS AND TO CONSULT WITH EXPERTS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS WILL BE ASSESSED AND MEASURED BY A REASONABLY POSSIBLE THRESHOLD TO DETERMINE IF THE BENEFIT OF AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGE IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE COLLEGE'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2014, 2013, AND 2012 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE COLLEGE'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990T) FOR 2014, 2013, AND 2012 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -13,173,280 SCHEDULE D, PAGE 4, PART XI, LINE 4B UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -357,721 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 13,173,280 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -357,721 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINITORY POLICIES OF THE COLLEGE ARE MADE KNOWN TO ALL SCHOOLS AND AREAS VISITED BY THE ADMISSIONS PERSONNEL AS WELL AS IN ALL COLLEGE LITERATURE. SCHEDULE E, LINE 6 WARREN WILSON COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. OTHER SCHOLARSHIPS VARIOUS 19 293767 FMV false false false false false false true FEDERAL CAMPUS NEED-BASED 98 97585 FAFSA RESU NC STATE CAMPUS NEED-BASE 144 610500 FAFSA RESU OTHER NEED BASED/MERIT 760 12171428 FAFSA/ACAD SCHEDULE I, PAGE 1, PART I, LINE 2 THE OFFICE OF ADVANCEMENT WORKS WITH DONORS TO ESTABLISH GUIDELINES FOR THE USE AND DISBURSEMENT OF ANY DONATED FUNDS ACCORDING TO THE DONOR'S WISHES AND WITHIN PRACTICAL AND LEGAL PROCESSES. THE DONOR'S RESTRICTIONS ("WISHES") ARE PUT IN WRITING WITH COPIES MAINTAINED IN THE ADVANCEMENT OFFICE, THE CONTROLLER'S OFFICE, AND THE FINANCIAL AID OFFICE, IF APPLICABLE. IF THE DONATION IS FOR GRANTS OR SCHOLARSHIPS TO BE DISTRIBTED BY THE FINANCIAL AID OFFICE, THE FINANCIAL AID OFFICE MAINTAINS A SPREADSHEET OF GRANT TITLES AND RESTRICTIONS WHICH ARE UPDATED AS NEEDED AS WELL AS A PERMANENT ELECTRONIC FILE. THE GRANTS OR SCHOLARSHIPS ARE "MATCHED" WITH AN ELIGIBLE RECIPIENT BY THE FINANCIAL AID OFFICE. THE ADVANCEMENT OFFICE WILL RECEIVE A LIST OF THESE RECIPIENTS IN THE FALL AND AN UPDATED LIST IN THE EARLY SPRING. THE ADVANCEMENT OFFICE REVIEWS THE LIST AND PREPARES LUNCHEON INVITATIONS FOR MOST OF THE RECIPIENTS AND DONORS. THE FINAL STEP IN THE PROCESS IS A RANDOM AUDIT CONDUCTED ONCE A YEAR BY AN OUTSIDE AUDIT FIRM. SCHEDULE I, PAGE 4, PART IV NEED-BASED GRANTS WERE AWARDED TO WARREN WILSON COLLEGE STUDENTS BASED ON FAFSA (FREE APPLICATION FOR STUDENT AID) RESULTS. FAFSA RESULTS ARE NOT REQUIRED TO BE CONSIDERED FOR MERIT SCHOLARSHIPS, BUT MANY OF THESE DOLLARS WERE USED TO MEET THE FEDERAL DEFINITION OF 'NEED'. X X true true X X X true false false false false false false false false STEVEN L SOLNICK EX-OFFICIO PRESIDENT 304675 21250 11937 337862 SCHEDULE J, PAGE 1, PART I, LINE 4 DAWN MEDLEY 45,000 0 0 STEVEN L SOLNICK PRESIDENT RESIDENCE PURCHASE X 161424 166750 false true true 166750 MAEVE O'CONNOR PRESIDENT SPOUS SEE BELOW false DONNA READ SPOUSE OF VP AC SEE BELOW false GREGORY OWENS SPOUSE OF VP AD SEE BELOW false SCHEDULE L, PART V O'CONNOR: WITH THE APPROVAL OF THE COLLEGE BOARD OF TRUSTEES, THE PRESIDENT'S WIFE RECEIVES 25,000 IN TAXABLE INCOME ANNUALLY FROM THE COLLEGE FOR THE PERFORMANCE OF CERTAIN OFFICIAL DUTIES AS THE SPOUSE OF THE PRESIDENT. READ: WITH COMPENSATION OF 30,600 SET BY THE PRESIDENT, MS. READ, THE SPOUSE OF THE VP OF ACADEMIC AFFAIRS AND DEAN OF THE COLLEGE, IS EMPLOYEED AS AN INSTRUCTOR IN OUTDOOR LEADERSHIP AND PHYSICAL EDUCATION. OWENS: WITH COMPENSATION OF 35,000, THE SPOUSE OF THE VP OF ADMIN/FINANCE IS EMPLOYEED AS THE ATHLETIC CREW SUPERVISOR AND RECRUITING SPECIALIST. X 11 89501 X 1 17000 false true false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. FORM 990, PAGE 2, PART III, LINE 4A EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY AWAY DESTINATIONS IN ENGLAND, ALASKA, AREMENIA, CHINA, IRELAND, AND MEXICO TO WHICH 63 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 17 STUDENTS STUDIED ABROAD INDEPENDENTLY FOR THE SUMMER, SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN ONE LATIN AMERICAN NATION, EIGHT EUROPEAN NATIONS, TWO NATIONS IN ASIA, ONE NATION IN AUSTRALIA OCEANA, AND TWO MULTI-CONTINENTAL COMPARATIVE TRAVELING PROGRAMS. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 116 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 767 STUDENTS PARTICIPATING IN THE FALL OF 2014 AND 692 STUDENTS PARTICIPATING IN THE SPRING OF 2015. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 354 STUDENT PARTICIPANTS AND ABOUT 36 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, 784 STUDENTS COMPLETED 58,065 VOLUNTEER HOURS AT 257 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 300 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 22 SITES. FORM 990, PAGE 6, PART VI, LINE 4 IN OCTOBER 2014 THE BOARD OF TRUSTEES RESOLVED TO AMEND THE BY-LAWS TO ALLOW THE CHAIR, IN CONSULTATION WITH A COMMITTEE CHAIR, TO APPOINT A NON-BOARD MEMBER TO A COMMITTEE AS A FULL VOTING MEMBER OF THAT COMMITTEE. RESOLUTION PASSED. IN FEBRUARY 2015 THE BOARD RESOLVED TO AMEND THE ENDOWMENT FUND INVESTMENT POLICY. RESOLUTION PASSED. FORM 990, PAGE 6, PART VI, LINE 11B UPON RECEIVING THE DRAFT COPY OF FORM 990, CERTAIN QUESTIONS THAT ARISE ARE DISTRIBUTED TO THE APPROPRIATE STAFF. KEY PERSONNEL AND TRUSTEES REVIEW THE FORM 990 BEFORE IT IS SIGNED, INCLUDING THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE/CHIEF FINANCIAL OFFICER AND THE CONTROLLER, AND THE CHAIR OF THE STANDING AUDIT COMMITTEE AND THE CHAIR OF THE BOARD. THE FULL BOARD IS PROVIDED THE OPPORTUNITY TO REVIEW THE COPY OF THE RETURN WITHOUT SCHEDULE B ON ITS PASSWORD-PROTECTED WEBSITE, WITH A NOTICE THAT THE FULL SCHEDULE B IS AVAILABLE FOR REVIEW IN THE CONTROLLER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY, LAST AMENDED ON OCTOBER 2, 2007, WHICH SPECIFIES IN DETAIL THOSE CIRCUMSTANCES GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST ON THE PART OF THE COLLEGE TRUSTEES. PURSUANT TO THIS POLICY, TRUSTEES MUST FILE AN ANNUAL REPORT SPECIFYING ANY RELATIONSHIPS OR ACTIVITIES WHICH MIGHT POSSIBLY CONSTITUTE A CONFLICT. THESE REPORTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD AS WELL AS THE CHAIR OF THE BOARD OF TRUSTEES AND ANY ISSUES RAISED BY A SPECIFIC REPORT ARE RESOLVED ACCORDING TO THE PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY. A SIMILAR POLICY FOR EMPLOYEES OF THE COLLEGE WAS APPROVED AT A STAFF FORUM ON MARCH 23, 2011 AND DEFINES CONFLICT OF INTEREST AND RELATED TERMS AND OUTLINES A PROCEDURE FOR DISCLOSURE, REPORTING AND COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE'S CURRENT POLICY IS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC ON A CASE-BY-CASE, NEED-TO-KNOW BASIS, RESERVING THE RIGHT TO WITHHOLD THIS INFORMATION IN SITUATIONS DEEMED POTENTIALLY HARMFUL TO THE COLLEGE. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON VARIOUS WEBSITES, AND UPON REQUEST BY DONORS, FOUNDATIONS, AND AGENCIES. FORM 990, PART XI, LINE 9 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -13,173,280 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY 357,721 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 13,173,280 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -357,721 WARREN WILSON COLLEGE FOUNDATION LL PO BOX 9000 ASHEVILLE NC 28805 RENTAL NC N/A