LAFAYETTE COLLEGE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: LAFAYETTE COLLEGE (EIN 24-0795686)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-12
IRS object ID: 201411329349301481
Schema version: 2012v2.3
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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-12T09:24:40-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET STREET SUITE 700	AddressLine1
City	PHILADELPHIA	City
State	PA	State
ZIP Code	19103	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	240795686	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Lafayette College	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% STEPHEN A SCHAFER	InCareOfName
Name Control	LAFA	NameControl
Phone	6103305136	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	730 High St 202 Markle Hall	AddressLine1
Address Line2	Suite	AddressLine2
City	Easton	City
State	PA	State
ZIP Code	180421779	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Stephen Schafer	Name
Title	Controller	Title
Phone	6103305136	Phone
Date Signed	2014-05-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2155614200	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Dr Alison Byerly President	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	730 High St 316 Markle Hall	AddressLine1
City	Easton	City
State	PA	State
ZIP Code	180421779	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	317277267	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.lafayette.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1826	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	Provision of educational services as an accredited four-year undergraduate college.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	33	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	32	NbrIndependentVotingMembers
Total Nbr Employees	2454	TotalNbrEmployees
Total Nbr Volunteers	3101	TotalNbrVolunteers
Total Gross UBI	-2513637	TotalGrossUBI
Net Unrelated Business Txbl Income	-2686518	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	25317229	ContributionsGrantsPriorYear
Contributions Grants Current Year	23448552	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	127367634	ProgramServiceRevenuePriorYear
Program Service Revenue CY	132259608	ProgramServiceRevenueCY
Investment Income Prior Year	32586302	InvestmentIncomePriorYear
Investment Income Current Year	56938067	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1392496	OtherRevenuePriorYear
Other Revenue Current Year	1653152	OtherRevenueCurrentYear
Total Revenue Prior Year	186663661	TotalRevenuePriorYear
Total Revenue Current Year	214299379	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	36009489	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	36910622	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	74031927	SalariesEtcPriorYear
Salaries Etc Current Year	77113834	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	58252	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	93278	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	4030000	TotalFundrsngExpCurrentYear
Other Expense Prior Year	69426421	OtherExpensePriorYear
Other Expenses Current Year	65996416	OtherExpensesCurrentYear
Total Expenses Prior Year	179526089	TotalExpensesPriorYear
Total Expenses Current Year	180114150	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	7137572	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	34185229	RevenuesLessExpensesCY
Total Assets BOY	1006873292	TotalAssetsBOY
Total Assets EOY	1068647504	TotalAssetsEOY
Total Liabilities BOY	281682757	TotalLiabilitiesBOY
Total Liabilities EOY	273864169	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	725190535	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	794783335	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	In an environment that fosters the free exchange of ideas, Lafayette College seeks to nurture the inquiring mind and to integrate intellectual, social, and personal growth. The College strives to develop students skills of critical thinking, verbal communication, and quantitative reasoning and their capacity for creative endeavor; it encourages students to examine the traditions of their own culture and those of others; to develop systems of values that include an understanding of personal, social, and professional responsibility; and to regard education as an indispensable, lifelong process.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	133843277	Expense
Grants	36910622	Grants
Revenue	107159442	Revenue
Description	Lafayette College is a liberal arts college offering Bachelor of Arts and Bachelor of Science degrees in disciplines housed in four broad divisions - Humanities, Engineering Natural Sciences, and Social Sciences. In Fall 2012, the 2,488 students who were enrolled full time at Lafayette hailed from 44 states and over 50 countries - 92% of whom lived on campus. The College is committed to meeting 100% of demonstrated need for its families, mostly through grant-based scholarship, but also through loans and student employment. Approximately 50% of Lafayette students receive financial aid from the College. A Lafayette education includes an intimate academic experience with a published student-to-faculty ratio of less than 11 to 1. Of the 217 full-time faculty, 214 hold a doctorate or other terminal degree. 589 students were awarded an undergraduate degree in the Spring of 2013 and over 90% of students who enroll at Lafayette graduate and 89% do so within four years. In addition, 95% of the College's graduates are employed, in graduate school, or have secured internships within 6 months after graduation. More than half of the College's students (53%) have studied abroad by the senior year and 79% have participated in community service and volunteer work by the time they graduate.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	21918035	Expense
Grants	0	Grants
Revenue	25100166	Revenue
Description	As a residential college, Lafayette students compliment their academic scholarship with a myriad of opportunities to connect with one another and learn from the large world represented on the College's campus. Approximately 92% of the College's full time students live on campus. As part of their experience at a residential college, Lafayette students are deeply engaged academically and have significant opportunities to engage in a vast offering of extracurricular and co-curricular possibilities. Lafayette College offers more than 250 student clubs and organizations, 23 NCAA Division 1 athletic programs, and numerous experiences in the fine arts and performing arts all of which are complimented by a strong student life program that enhances the Lafayette experience beyond the classroom.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	155761312	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	4637	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2454	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	CJ	NameOfForeignCountry
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	33	NbrVotingGoverningBodyMembers
Number Independent Voting Members	32	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	PA	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	STEPHEN A SCHAFER	NamePerson
Telephone Number	6103305136	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	730 HIGH ST 202 MARKLE HALL	AddressLine1
City	Easton	City
State	PA	State
ZIP Code	18042	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (45 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
Edward W Ahart
Chair	5.0	X	0	0	0
Stephen D Pryor
Vice Chair	5.0	X	0	0	0
Nancy J Kuenstner
Secretary	5.0	X	0	0	0
Susan B Carras
Executive Committee	3.0	X	0	0	0
Joseph T Cox
Executive Committee	3.0	X	0	0	0
Alan R Griffith
Executive Committee	3.0	X	0	0	0
George M Jenkins
Executive Committee	3.0	X	0	0	0
Harold N Kamine
Executive Committee	3.0	X	0	0	0
Barbara Levy
Executive Committee	3.0	X	0	0	0
Elisabeth H MacDonald
Executive Committee	3.0	X	0	0	0
Bruce Maggin
Executive Committee	3.0	X	0	0	0
Angel L Mendez
Executive Committee	3.0	X	0	0	0
David M Roth
Executive Committee	3.0	X	0	0	0
J Peter Simon
Executive Committee	3.0	X	0	0	0
Carl G Anderson Jr
Trustee	2.0	X	0	0	0
James R Birle Jr
Trustee	2.0	X	0	0	0
Samuel R Chapin
Trustee	2.0	X	0	0	0
Sylvia Daniels Weaver
Trustee	2.0	X	0	0	0
James R Fisher
Trustee	2.0	X	0	0	0
John A Fry
Trustee	2.0	X
Brent D Glass
Trustee	3.0	X	0	0	0
Michael C Heaney
Trustee	2.0	X	0	0	0
Leo A Helmers
Trustee	2.0	X	0	0	0
Judson C Linville
Trustee	2.0	X	0	0	0
Douglas R Marvin Esq
Trustee	2.0	X	0	0	0
Paul F McCurdy Esq
Trustee	2.0	X	0	0	0
Donald E Morel Jr
Trustee	2.0	X	0	0	0
J B Reilly
Trustee	2.0	X	0	0	0
S Kent Rockwell
Trustee	2.0	X	0	0	0
Alma R Scott-Buczak
Trustee	2.0	X	0	0	0
Robert E Sell
Trustee	2.0	X	0	0	0
Mary Stengel Austen
Trustee	2.0	X	0	0	0
Daniel H Weiss
President & Trustee	50.0	X	548954	0	84207	X
Wendy L Hill
Provost	50.0		277556	0	58874	X
James W Dicker
VP Development & relations	50.0		310799	0	37950	X
Annette Diorio
VP of Campus Life/Sr diversity	50.0		120234	0	17246	X
Celestino J Limas
VP of Campus Life/sr diversity	50.0		321906	0	47213	X
Robert J Massa
VP Communications	50.0		224206	0	27721	X
Leslie F Muhlfelder
VP Human Res & General Counsel	50.0		236188	0	36596	X
Mitchell L Wein
VP Finance & Admin/Treasuer	50.0		329204	0	38210	X
Paul H Zimmerman
Special Assist. to Controller	45.0		234291	0	16042		X
John Kincaid
Professor/Director-Meyner Ctr	45.0		196752	0	24976		X
James F Krivoski
Exec. Asst. to Pres/Admin Sec.	45.0		180255	0	23348		X
Bruce A Murphy
Kirby Professor of Gov & Law	45.0		197947	0	32056		X
Francis B O'Hanlon
Head Mens Basketball Coach	45.0		213952	0	99135		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3392244	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	543574	TotalOtherCompensation
Number Individuals GT100 K	113	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Sodexo Inc Affiliates
PO Box 360170	PITTSBURGH	PA	15251	Dining Services	6964910
Whiting-Turner Contracting Co
PO Box 17596	BALTIMORE	MD	21297	Construction	4073414
Miller Miller Mclachlan Construct
1249 Newport Avenue	NORTHAMPTON	PA	18067	Construction	2939183
AS Gale Construction Inc
9107 N Delaware Drive	BANGOR	PA	18013	Construction	718319
IES
33 W Monroe Street Suite 2300	CHICAGO	IL	60603	Engineering	568035

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	20	NumberOfContractorsGT100K
Fundraising Events	44901	FundraisingEvents
Government Grants	1778196	GovernmentGrants
All Other Contributions	21625455	AllOtherContributions
Noncash Contributions	2939942	NoncashContributions
Total Contributions	23448552	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION & FEES	900099	104906204	104906204
AUXILIARY SERVICES	900099	25100166	25100166
ATHLETICS/SPORTS NETWORK	900099	1458425	1458425
JOHNS HOPKINS CTY	900099	794813	794813

Field	Value	IRS element (for citing)
Total Program Service Revenue	132259608	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	9532633	TotalRevenueColumn
Unrelated Business Revenue	-2640061	UnrelatedBusinessRevenue
Exclusion	$12,172,694	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	668500	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	619365	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	49135	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	49135	TotalRevenueColumn
Exclusion	$49,135	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	147870367	Securities
Other	2904	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	100467837	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	47402530	Securities
Other	2904	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	47405434	TotalRevenueColumn
Unrelated Business Revenue	71258	UnrelatedBusinessRevenue
Exclusion	$47,334,176	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	75871	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	44901	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	51184	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	24687	TotalRevenueColumn
Exclusion	$24,687	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	1993248	GrossSalesOfInventory
Cost Of Goods Sold	1839502	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	153746	TotalRevenueColumn
Unrelated Business Revenue	30166	UnrelatedBusinessRevenue
Exclusion	$123,580	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount	Unrelated Business RevenueUnrelatedBusinessRevenue
FEES, FINES AND COST RECOVERY	900099	504615	$504,615
MISCELLANEOUS	900099	920969	$895,969	25000

Field	Value	IRS element (for citing)
Total Other Revenue	1425584	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	214299379	TotalRevenueColumn
Related Or Exempt Function Income	132259608	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-2513637	UnrelatedBusinessRevenue
Exclusion	$61,104,856	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	102333	Total
Program Services	102333	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	36808289	Total
Program Services	36808289	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2489761	Total
Program Services	437691	ProgramServices
Management And General	1740093	ManagementAndGeneral
Fundraising	311977	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	54233519	Total
Program Services	40601022	ProgramServices
Management And General	11623530	ManagementAndGeneral
Fundraising	2008967	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	4585622	Total
Program Services	3201570	ProgramServices
Management And General	1197015	ManagementAndGeneral
Fundraising	187037	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	11852264	Total
Program Services	8332689	ProgramServices
Management And General	3043950	ManagementAndGeneral
Fundraising	475625	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3952668	Total
Program Services	2782122	ProgramServices
Management And General	1012362	ManagementAndGeneral
Fundraising	158184	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	315084	Total
Management And General	312588	ManagementAndGeneral
Fundraising	2496	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	236411	Total
Management And General	236411	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	93278	Total
Fundraising	93278	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	2524257	Total
Management And General	2524257	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	9819507	Total
Program Services	6340844	ProgramServices
Management And General	3478663	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	134972	Total
Program Services	84020	ProgramServices
Management And General	50952	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3038598	Total
Program Services	2030775	ProgramServices
Management And General	735241	ManagementAndGeneral
Fundraising	272582	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1344835	Total
Program Services	1255160	ProgramServices
Management And General	87520	ManagementAndGeneral
Fundraising	2155	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	4766256	Total
Program Services	2234855	ProgramServices
Management And General	2531401	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	6282141	Total
Program Services	5303252	ProgramServices
Management And General	784519	ManagementAndGeneral
Fundraising	194370	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1018574	Total
Program Services	579895	ProgramServices
Management And General	275701	ManagementAndGeneral
Fundraising	162978	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	7574452	Total
Program Services	7553062	ProgramServices
Management And General	17044	ManagementAndGeneral
Fundraising	4346	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	13576129	Total
Program Services	13250492	ProgramServices
Management And General	325637	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	990270	Total
Program Services	396373	ProgramServices
Management And General	588781	ManagementAndGeneral
Fundraising	5116	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
AUXILIARY SERVICES	7198737	7198737
NON-OFFICE SUPPLIES	3403876	1983750	1301403	118723
ALLOC OF INDIRECT OVERHEAD		12485956	-12497840	11884
OTHER EXPENSES	3772317	2798425	953610	20282

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	180114150	Total
Program Services	155761312	ProgramServices
Management And General	20322838	ManagementAndGeneral
Fundraising	4030000	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	17143	BOY
EOY	11816	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	47162130	BOY
EOY	63850703	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	10389670	BOY
EOY	12813437	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1646140	BOY
EOY	1358300	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4502629	BOY
EOY	4143702	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	657972	BOY
EOY	634403	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4594051	BOY
EOY	2527035	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	464509593	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	208580364	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	255744187	BOY
EOY	255929229	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	247602387	BOY
EOY	298583350	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	422416713	BOY
EOY	424388959	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	12140270	BOY
EOY	4406570	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1006873292	BOY
EOY	1068647504	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	9748133	BOY
EOY	10512474	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	2024586	BOY
EOY	2040610	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	5732373	BOY
EOY	6767295	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	170331308	BOY
EOY	169874011	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2866661	BOY
EOY	3274211	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	90979696	BOY
EOY	81395568	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	281682757	BOY
EOY	273864169	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	223608141	BOY
EOY	246164007	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	236320296	BOY
EOY	263656272	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	265262098	BOY
EOY	284963056	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	725190535	BOY
EOY	794783335	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1006873292	BOY
EOY	1068647504	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	34185229	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	29917948	ReconciliationUnrealizedInvest
Reconcilation Other Changes	5489623	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

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

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	76795	RevenuesIncluded
Assets In Part X	2870829	AssetsInPartX

Field	Value	IRS element (for citing)
Held Works Of Art Amts		HeldWorksOfArtAmts
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	681536166	BeginningOfYearBalance
Contributions	12952840	Contributions
Investment Earnings Or Losses	86688907	InvestmentEarningsOrLosses
Grants Or Scholarships	6912692	GrantsOrScholarships
Other Expenditures	22709903	OtherExpenditures
Administrative Expenses	2524257	AdministrativeExpenses
End Of Year Balance	749031061	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	688870101	BeginningOfYearBalance
Contributions	17780488	Contributions
Investment Earnings Or Losses	4972499	InvestmentEarningsOrLosses
Grants Or Scholarships	7228214	GrantsOrScholarships
Other Expenditures	20714321	OtherExpenditures
Administrative Expenses	2144387	AdministrativeExpenses
End Of Year Balance	681536166	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	609602972	BeginningOfYearBalance
Contributions	12832458	Contributions
Investment Earnings Or Losses	96467560	InvestmentEarningsOrLosses
Grants Or Scholarships	7952953	GrantsOrScholarships
Other Expenditures	20300252	OtherExpenditures
Administrative Expenses	1779684	AdministrativeExpenses
End Of Year Balance	688870101	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	562015101	BeginningOfYearBalance
Contributions	2968035	Contributions
Investment Earnings Or Losses	74861818	InvestmentEarningsOrLosses
Grants Or Scholarships	8142053	GrantsOrScholarships
Other Expenditures	20624424	OtherExpenditures
Administrative Expenses	1475505	AdministrativeExpenses
End Of Year Balance	609602972	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	707312579	BeginningOfYearBalance
Contributions	9312825	Contributions
Investment Earnings Or Losses	-124340445	InvestmentEarningsOrLosses
Grants Or Scholarships	8848524	GrantsOrScholarships
Other Expenditures	19761786	OtherExpenditures
Administrative Expenses	1659548	AdministrativeExpenses
End Of Year Balance	562015101	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.27880	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.38040	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.34080	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4153852	OtherCostOrOtherBasis
Book Value	4153852	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	328367974	OtherCostOrOtherBasis
Depreciation	123309305	Depreciation
Book Value	205058669	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	47505593	OtherCostOrOtherBasis
Depreciation	16790538	Depreciation
Book Value	30715055	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	77833027	OtherCostOrOtherBasis
Depreciation	66945717	Depreciation
Book Value	10887310	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6649147	OtherCostOrOtherBasis
Depreciation	1534804	Depreciation
Book Value	5114343	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	255929229	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	10472916	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (7 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
EQUITY INSTIT. MUTUTAL FUNDS	113705067	F
EVENT DRIVEN/DISTRESSED	20937202	F
LONG/SHORT EQUITY	32030593	F
MULTI-STRAGEGY/ABSOLUTE RETURN	108042493	F
OPPORTUNISTIC FIXED INCOME	55145561	F
REAL ESTATE	24187980	F
PRIVATE EQUITY	59867147	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	424388959	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
INT RATE HEDGE/SWAP AGREEMENTS	$14,406,026
ASSET RETIREMENT LIABILITY	$1,560,618
ANNUITIES PAYABLE	$19,982,924
POSTRETIREMENT BENEFITS	$45,446,000

Field	Value	IRS element (for citing)
Total Of Amounts	81395568	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	213013026	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	29917948	NetUnrealizedGainsInvestments
Other Revenues	-31190095	OtherRevenues
Revenue Not Rptd F990	-1272147	RevenueNotRptdF990
Revenue Subtotal	214285173	RevenueSubtotal
Investment Expenses Not Included	2524257	InvestmentExpensesNotIncluded
Other Revenues Not Included	-2510051	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	14206	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	214299379	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	143420226	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	2510051	OtherExpensesIncluded
Expenses Not Rptd F990	2510051	ExpensesNotRptdF990
Expenses Subtotal	140910175	ExpensesSubtotal
Investment Expenses Not Included2	2524257	InvestmentExpensesNotIncluded2
Other Expenses Not Included	36679718	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	39203975	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	180114150	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
COLLECTIONS OF ART, HISTORICAL TREASURES, ETC.	FORM 990, SCHEDULE D, PART III, LINE 4	Among the rich resources provided for students is a fine, small art collection. The collection includes eighteenth-through early twenty-first century American and European paintings, prints, and sculpture; vintage photographs; and contemporary American sculpture and paintings. Recent acquisitions build on the strength of the existing collections. The Mission Statement for the art collections is to document, preserve for future generations, exhibit, and make accessible the College's art collection to the students, public, and scholars through exhibitions, publications, reproductions, and by granting access for research purposes. The administration of the art collection complies with museum-field wide standards of care (see American Alliance of Museums, AAM). Students have curated exhibitions from the collections; when appropriate, artwork is loaned to other institutions for exhibitions of scholarly importance; images of artwork are readily available for reproductions in commercial (ex: text books) and academic-scholarly publications (generally at no charge or a nominal fee). The Lafayette College's special collections and college archives are home to approximately 20,000 rare books and more than 2,000 cubic feet of manuscripts and archives. The holdings include manuscripts, rare books, prints and memorabilia relating to the Marquis de Lafayette; rare book collections on Stephen Crane, angling, miniature books, and artists' books; papers of former Treasury Secretary William E. Simon, New Jersey Governor Robert B. Meyner and Congresswoman Helen Meyner; the early records of the Easton-based Dixie Cup Company and the papers of noted illustrator and artist Howard Chandler Christy. The college archives serves as the repository for the records of Lafayette College, dating back to the founding of the College in 1824-1826. It is charged with records management responsibilities for current college records. The archives also include more than 50,000 photographs, audio-visual recordings, and objects that document the college's history. LAFAYETTE COLLEGE MINERAL COLLECTION The Department of Geology and Environmental Geoscience houses the College's mineral, gem, and fossil collection that consists of more than 10,000 specimens. The collection was started over a century ago and has grown through the gift of many private collections. The collection is housed in Van Wickle Hall and a large number of specimens are on display in the Geology Museum in the center of Van Wickle Hall. The collection is managed by a professional curator who works part time to curate the collection and cycle minerals from storage through the display cases. The growth and maintenance of the collection is partially supported by an endowed fund gifted by John Pohl along with the donation of his mineral collection in 1952. The collection has grown significantly during the past 10 years donations totaling more than 1,000 specimens from several donors. The centerpiece of the collection is a two-ton piece of Orbicular Granodiorite quarried in Western Australia. The granitoid formed in a magma chamber 2.7 billion years ago and the orbicular texture earned it the informal name of, the leopard rock. The collection is enjoyed by the Lafayette community, elementary and secondary students, youth groups, and the community at large.
ENDOWMENT INVESTMENT GUIDELINES	FORM 990, SCHEDULE D, PART V	The intent of the College's investment guidelines for its endowment is to provide a predictable stream of funding to the College's programs from the endowment while seeking to maintain the purchasing power of the endowment assets. The College's endowment consists of approximately 1,300 endowed funds that are established for a variety of purposes. Endowment contributions include gifts as well as transfers to Board designated endowment funds. Earnings on endowment funds are designated for scholarships, professorships, chairs, student loans, instructional programs, library purchases, general operations, and other designated purposes.
FIN 48 FOOTNOTE	FORM 990, SCHEDULE D, PART X, LINE 2	A tax position is recognized or derecognized by the College based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The College does not believe its financial statements include uncertain tax positions.
RECONCILIATION OF Revenue	FORM 990, SCHEDULE D, PART XI	LINE 2D: FINANCIAL AID GRANTS TO STUDENTS (36,679,718) CHANGE IN ANNUITIES PAYABLE ESTIMATE 873,985 DISTRIB FROM PRINCIPAL TO FUND ANNUITIES PAYABLE (1,645,264) CHANGE IN MV OF INTEREST RATE SWAP AGREEMENTS 5,794,693 PROVISION FOR UNCOLLECTIBLE NON OP PLEDGES REC (247,891) CHANGE IN POSTRETIREMENT BENEFIT COST 2,461,000 VOLUNTARY RETIREMENT INCENTIVE - (FAC & NON FAC) (1,746,900) ---------- TOTAL LINE 2D: ($31,190,095) ============= LINE 4B: FUNDRAISING EXPENSES (51,184) RENTAL EXPENSES (619,365) COST OF GOODS SOLD (1,839,502) ----------- TOTAL LINE 4B ($2,510,051) ===========
RECONCILIATION OF Expenses	FORM 990, SCHEDULE D, PART XII	LINE 2D: FUNDRAISING EXPENSES 51,184 RENTAL EXPENSES 619,365 COST OF GOODS SOLD 1,839,502 ---------- TOTAL LINE 2D $2,510,051 ========== LINE 4B: FINANCIAL AID GRANTS TO STUDENTS 36,679,718 ----------- TOTAL LINE 4B $36,679,718 ===========

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Racial Nondiscriminatory Policy	Form 990, Schedule E, Part I, Line 3	The College's racial nondiscriminatory policy is publicized within the College's catalog which can be found at http://catalog.lafayette.edu/. In addition, the College has a separate Diversity and Inclusiveness Statement which is also included within the College's catalog at http://catalog.lafayette.edu/.
Financial Aid from a Governmental Agency	Form 990, Schedule E, Part I, Line 6a	The College receives financial aid and assistance from various Federal and State Governmental agencies under their respective student financial aid assistance programs. Federal grant programs include Pell Grants, Direct Loan Programs, Work-Study, the Perkins Loan Program, and Federal Supplemental Educational Opportunity Grants. State programs include the Pennsylvania Higher Education Assistance Agency. In addition, the College is awarded research grants and other project grants by various Federal and State agencies.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (17 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures	Specific Services ProvidedSpecificServicesProvided
Central America and the Caribbean	Investments	199598565
North America	Investments	62543478
South America	Investments	24484748
Central America and the Caribbean	Program Services	1575	Academic Support
Central America and the Caribbean	Program Services	2035	Institutional Support
East Asia and the Pacific	Program Services	2187	Academic Support
East Asia and the Pacific	Program Services	17332	Instruction
East Asia and the Pacific	Program Services	2154	Research
Europe (Including Iceland and Greenland)	Program Services	17529	Academic Support
Europe (Including Iceland and Greenland)	Program Services	582210	Instruction
Europe (Including Iceland and Greenland)	Program Services	14192	Research
North America	Program Services	33679	Academic Support
North America	Program Services	52897	Institutional Support
North America	Program Services	44898	Instruction
North America	Program Services	7397	Research
North America	Program Services	72200	Student Services
South Asia	Program Services	722	Instruction

Field	Value	IRS element (for citing)
Subtotal Amount Spent	287477798	SubtotalAmountSpent
Total Amount Spent	287477798	TotalAmountSpent
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	false	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	MISCELLANEOUS INFORMATION	Identifier
Return Reference	FORM 990, SCHEDULE F, PART 1, LINE 1	ReturnReference
Explanation	The amounts reported on Part I are identified on a reasonable efforts basis where such activities were not tracked separately under the College's accounting procedures. These reasonable efforts include reviews of financial records and interviews with College personnel. The majority of the Colleges expenditures outside of the United States are associated with the College's investment activities. In addition, the College expends funds outside of the United States on various study abroad programs. Students enrolled in study abroad programs pay their tuition and fees directly to Lafayette College and the College remits payments to the overseas program on behalf of the students. Any financial aid awarded to a student that may support the costs associated with their study abroad activities are credits to the student's account at the College.	Explanation

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (6 entries)

Name Of IndividualNameOfIndividual	Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
WASHBURN MCGOLDRICK	950 New Loudon Road Suite 210	Latham	NY	12110	Consulting	false	0	38631
Harris Inc	c/o iModules Software PO Box 25572	Overland Park	KS	66225	Alumni Site	false	0	17000
Pentera Inc	8650 Commerce Park Place Suite G	Indianapolis	IN	46268	Mail Marketing	false	0	13010
Publishing Concepts Inc	4835 LBJ Freeway Suite 1100	Dallas	TX	75244	email soliciting	false	0	11167
Stockade Group Inc	650 Franklin Street	Schenectady	NY	12305	Phone Soliciting	false	3300	6800	-3500
CBS Interactive Inc	24670 Network Place	Chicago	IL	606731246	Auction hosting	true	35197	6670	28527

Field	Value	IRS element (for citing)
Total Gross Receipts	38497	TotalGrossReceipts
Total Retained By Contractors	93278	TotalRetainedByContractors
Total Net To Organization	25027	TotalNetToOrganization

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	MC Golf fall	NameOfEvent1
Gross Receipts Event1	30686	GrossReceiptsEvent1
Charitable Contributions Event1	12430	CharitableContributionsEvent1
Gross Revenue Event1	18256	GrossRevenueEvent1
Non Cash Prizes Event1	1937	NonCashPrizesEvent1
Rent Facility Costs Event1	12476	RentFacilityCostsEvent1
Food And Beverage Event1	6810	FoodAndBeverageEvent1
Other Direct Expenses Event1	2184	OtherDirectExpensesEvent1
Name Of Event2	MC Golf Spring	NameOfEvent2
Gross Receipts Event2	22220	GrossReceiptsEvent2
Charitable Contributions Event2	14961	CharitableContributionsEvent2
Gross Revenue Event2	7259	GrossRevenueEvent2
Non Cash Prizes Event2	2821	NonCashPrizesEvent2
Rent Facility Costs Event2	10383	RentFacilityCostsEvent2
Food And Beverage Event2	807	FoodAndBeverageEvent2
Total Number Of Other Events	2	TotalNumberOfOtherEvents
Gross Receipts Other Events	67866	GrossReceiptsOtherEvents
Charitable Contrib Other Events	17510	CharitableContribOtherEvents
Gross Revenue Other Events	50356	GrossRevenueOtherEvents
Food And Beverage Other Events	7096	FoodAndBeverageOtherEvents
Other Direct Expenses Other Events	6670	OtherDirectExpensesOtherEvents
Gross Receipts Total	120772	GrossReceiptsTotal
Charitable Contributions Total	44901	CharitableContributionsTotal
Gross Revenue Total Events	75871	GrossRevenueTotalEvents
Non Cash Prizes Total Events	4758	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	22859	RentFacilityCostsTotalEvents
Food And Beverage Total Events	14713	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	8854	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	51184	DirectExpenseSummaryEvents
Net Income Summary	24687	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV

Field	Value	IRS element (for citing)
Identifier	FORM 990, Schedule G, Part I, Line 3	Identifier
Explanation	NONE- AS AN ACCREDITED, LICENSED INSTITUTION OF HIGHER EDUCATION, THE COLLEGE BELEIVES IT IS GENERALLY EXEMPT FROM THE REGISTRATION PROVISIONS THAT REQUIRE ORGANIZATIONS SOLICITING FUNDS FOR CHARITABLE PURPOSES TO REGISTER.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	Lehigh University	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	524 Brodhead Avenue	AddressLine1
City	Bethlehem	City
State	PA	State
ZIP Code	18015	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	240795445	EINOfRecipient
IRC Section	501(c)(3)	IRCSection
Amount Of Cash Grant	102333	AmountOfCashGrant
Purpose Of Grant	ARRA Subrecipient	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Amount Of Cash GrantAmountOfCashGrant
Institutional Scholarship Awards	1208	36679718	FMV	credit student accts
ACADEMIC PRIZES, AWARDS, FELLOWSHIPS, INTERSHIPS	146				128571

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	MONITORING OF GRANTS USED IN U.S.	Identifier
Return Reference	FORM 990, SCHEDULE I, PART I, LINE 2	ReturnReference
Explanation	Lafayette College maintains a policy defining its procedures for monitoring the use of sponsored funds by sub-recipients who are performing a portion of a sponsored project externally awarded to Lafayette. This policy provides guidance to ensure that sub-recipients conduct their portion of sponsored projects in compliance with the laws, regulations, terms and conditions of awards and sub awards, and that reimbursement costs incurred by sub-recipients are allowed. The College considers the awarding of financial aid (Primarily grants, scholarships, loans, and work-study) to its students, including non-resident alien students to be a U.S. based activity as students of the College are deemed to be living in the United States throughout their completion of the College's academic curriculum and supporting programs. The College awards scholarships and fellowships on the basis of merit and/or financial need. The section criteria is based on the calculated expected family contribution, which is derived by using complex formulas involving families' income, assets, and household sizes, including, among other factors, dependents in college. The College's financial aid office administers and monitors these awards to help ensure that these funds are awarded to eligible recipients in accordance with applicable Federal, State, and other requirements, as well as relevant internal College policies and operational guidelines. Academic prizes, awards, fellowship, and internships are awarded based on a review by the applicable academic department. All awarded scholarships and fellowships are credited to the student's account at the College and are applied to billed charges.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs
Daniel H Weiss
President & Trustee	485431	0	0	0	63523	0	23750	0	60457	0	633161	0
Wendy L Hill
Provost	263181	0	10000	0	4375	0	23750	0	35124	0	336430	0
James W Dicker
VP Development & relations	257031	0	10000	0	43768	0	23750	0	14200	0	348749	0
Celestino J Limas
VP of Campus Life/sr diversity	130507	0	0	0	191399	0	13616	0	33597	0	369119	0
Robert J Massa
VP Communications	220654	0	0	0	3552	0	21014	0	6707	0	251927	0
Leslie F Muhlfelder
VP Human Res & General Counsel	231242	0	2500	0	2446	0	22596	0	14000	0	272784	0
Mitchell L Wein
VP Finance & Admin/Treasuer	296331	0	15000	0	17873	0	23750	0	14460	0	367414	0
Paul H Zimmerman
Special Assist. to Controller	146021	0	5000	0	83270	0	9315	0	6727	0	250333	0
John Kincaid
Professor/Director-Meyner Ctr	194396	0	0	0	2356	0	18677	0	6299	0	221728	0
James F Krivoski
Exec. Asst. to Pres/Admin Sec.	174837	0	2500	0	2918	0	16924	0	6424	0	203603	0
Bruce A Murphy
Kirby Professor of Gov & Law	195174	0	0	0	2773	0	18865	0	13191	0	230003	0
Francis B O'Hanlon
Head Mens Basketball Coach	209235	0	0	0	4717	0	20140	0	78995	0	313087	0

Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)

IdentifierIdentifier	ExplanationExplanation
FORM 990, SCHEDULE J, PART I	First Class Travel - In general, it is the College's policy that first class travel is not authorized for employees traveling on College business. However, in rare circumstances exceptions may be considered for an extraordinary business justification and with prior approval. In one instance during the 2012 calendar year, the College President was approved for first class travel to accommodate the need for the President to be prepared to attend directly to business upon arrival from a cross country flight and the schedule did not allow time for adequate rest. Travel for Companions - In accordance with College policy, in instances with proper documentation for the business purpose fulfilled by the companion and any required prior approvals, the College will pay for travel expenses of a companion when the companion travel is 1] For a bona fide business purpose, and 2] Important to the achievement of the College's purposes that require the travel of the employee and companion. Tax Indemnification - During calendar year 2012, Daniel Weiss (President) received tax equalization payments of $8,664 and James Dicker (Vice President of Development and College Relations) received tax equalization payments of $14,509. These payments are in accordance with employment contracts and/or authorizations from the Board of Trustees and are specific to Daniel Weiss and James Dicker. Housing Allowance - As part of their employment contract and for the convenience of the College, a College-owned residence was provided to officers Daniel Weiss (President), Wendy Hill (Provost) and Celestino Limas (Vice President for Campus Life and Senior Diversity Officer) during calendar year 2012. This housing provided is located on College property and is provided in conjunction with these officers' duties. The estimated annual value of the housing provided is included as a nontaxable benefit in this return in the amount of $45,891 for Daniel Weiss, $20,904 for Wendy Hill, and $23,317 for Celestino Limas. It is the policy of the College's Board of Trustees that the president reside on College property. The president determines if the duties of other officers require them to reside on College property. Personal services- In accordance with the policy of the College's Board of Trustees and the President's employment contract, the President of the College is required to reside on College property. The President's house serves not only as a residence, but also as a host location for many College events and the college provides staff to maintain the home. For calendar year 2012, the salary and estimated fringe benefits for the housekeeper was $55,828, of which a portion of the time, or $8,373, was determined to be for personal services and included as reportable compensation in this return.
FORM 990, SCHEDULE J, PART I, Line 3	The Compensation Committee reviews data obtained from its external compensation consultant on presidential salaries from comparable institutions and updates or adjusts that data through surveys and other available resources. In addition, an annual performance review is conducted.
FORM 990, SCHEDULE J, PART I, Line 4A	$177,517 of payments made in connection with separation of employment were paid to Celestino J. Limas, the former VP of Campus Life and Diversity, in calendar year 2012. Form 990, Schedule J, Part I, Line 4B The college provides a nonqualified, Section 457 retirement plan benefit for highly compensated employees. For the 2102 calendar year, the college contributions were $17,000 for Daniel Weiss (President), and $1,686 for Wendy Hill (Provost), $1,444 for James Dicker (Vice President of Development and College Relations), and $4,835 for Mitchell Wein (Vice President for Finance and Administration and Treasurer). These contributions are reported as other taxable income on this return.
FORM 990, SCHEDULE J, PART II	Specific taxable compensation and benefit agreements, in accordance with employment contracts and/or authorizations from the Board of Trustees, are reported in this tax return for Daniel Weiss (President) in the amount of $24,036, Mitchell Wein (Vice President for Finance and Administration and Treasurer) in the amount of $10,614, and James Dicker (Vice President of Development and College Relations) in the amount of $22,219.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
Northampton Cty GPA Rev Bonds Ser 2010
A	233007498	66353lay3	2010-04-30	26689800	Refund Ser of 2000; Var cap Projec	false	false	false
Northampton Cty GPA Ref & Rev Ser 2008
B	233007498	66353lak3	2008-08-21	98638389	Retire Ser '97, 04, 04 2nd & Cap N	false	false	false
Northampton Cty GPA Var Rev Ser 2006
C	233007498	66353lag2	2006-09-14	15100000	Renov, Construct & Reloc Athletic	false	false	false
Northampton Cty GPA Var Rev Ref S 2003
D	233007498	66353LAA5	2003-04-02	10190000	Refund Ser of 1993 on 7/1/2003	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Capitalized InterestCapitalizedInterest	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	0	26690421	0	0	4400421	22290000	2013	true	false	true	true
B	1000000	98650001	0	697	6314304	92335000	2011	true	false	true	true
C	1000000	15312344	108121	10709	15193514	0	2007	false	false	true	true
D	0	10190000	0	0	0	10190000	2003	false	false	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Engage Bond Counsel ContractsEngageBondCounselContracts	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Total Private Business UseTotalPrivateBusinessUse	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Prcntge Bond Financed PropPrcntgeBondFinancedProp	Remedial Action TakenRemedialActionTaken	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	false	false	false	false	false	0.00000	0.00000	false	0.00000	false	true
B	false	false	true	true	false	0.01000	0.01000	false		false	true
C	false	false	false	false	false	0.00000	0.00000	false		false	true
D	false	false	false	false	false	0.00000	0.00000	false		false	true

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Business Name Line1NameOfGICProvider/BusinessNameLine1	Gross Proceeds InvestedGrossProceedsInvested	No Rebate DueNoRebateDue
0
A	false	true	true	false	false	0	false
0
B	false		false	false	false	0	false	true
0
C	false		true	false	false	0	false	true
0
D	false		true	false	false	0	false	true

Form990 Schedule K Part V Form990ScheduleKPartV (4 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	true
B	true
C	true
D	true

Form990 Schedule K Part VI Form990ScheduleKPartVI (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Schedule K, Part I, Supplemental Information	0	Northampton Cty GPA (Series 2010 A and B) is one integrated structure as reported on IRS Form 8038. It is comprised of two sub-components, Series 2010A which had proceeds of $22,289,379 for the purpose of retiring the Series 2000 bonds was structured as variable rate debt and Series 2010B which had proceeds of $4,400,421 for various capital projects and improvements was structured as fixed rate debt.
Schedule K, Part III, Line 3, Private Use	0	The College contracts with a for-profit dining service provider for the management of the dining operations on campus. The current contract is structured such that the preponderance of fees is based on a per capita charge, and the contract has a one-year term. A small portion of the proceeds of the Series 2008 bonds were used to renovate one of the two dining venues on campus, but given its nature and term, the College, with the advice of counsel, believes the contract with the for-profit dining service provider is a qualified management contract and not subject to private use.
Schedule K, Part IV, Line 3, Use of Interest Rate Hedging Contracts	0	The College has three (3) interest rate hedging contracts in place that were entered into to mitigate the College's interest rate risk inherent with variable rate structured debt. Each of the hedging contracts requires the College to pay a fixed rate in return for a variable rate that is expected to approximate the interest rate payable on the College's debt in typical markets. None of the three (3) interest rate hedging contracts are structured as "qualified" hedges on the records of the issuing authority for any of the Colleges debt issuances, which is the Northampton County General Purpose Authority. As such, none of the interest rate hedges are integrated for tax purposes with a particular debt issuance of the College. The counterparty for each of the three (3) interest rate hedging contracts is UBS and they have scheduled terms of 2023, 2030, and 2034.
Schedule K, Part IV, Line 2c	0	Column B bond - Date rebate computation was performed: 6/25/2012 Column C bond - Date rebate computation was performed: 4/1/2008 Column D bond - date rebate computation was performed: 4/3/2003

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	James W Dicker	NamePerson

Field	Value	IRS element (for citing)
Relationship	Officer	Relationship
Amount Of Transaction	13275	AmountOfTransaction
Description Of Transaction	Spouse Employed Part Time	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArt
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes
Intellectual Property		IntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	83	NumberOfContributions
Noncash Contribs Rptd F990	2619263	NoncashContribsRptdF990
Method Of Determining Revenues	HIGH/LOW OF DAILY MV	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther

Real Estate Residential RealEstateResidential

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	183429	NoncashContribsRptdF990
Method Of Determining Revenues	Bequest - Appraisal	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther

Collectibles Collectibles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	449	NumberOfContributions
Noncash Contribs Rptd F990	76795	NoncashContribsRptdF990
Method Of Determining Revenues	Minerals-Appraisal	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	EVENTS & SILENT AUCTIONS	11	16115	PAID RECEIPT
X	EQUIPMENT	3	29497	APPRAISAL/FMV
X	MISCELLANEOUS GOODS	2	2734	PAID RECEIPT
X	OTHER	3	12108	PAID RECEIPT

Field	Value	IRS element (for citing)
Number Of8283 Received	5	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	Schedule M, Line 32a	Identifier
Explanation	To the extent that the College receives donations of securities, its investment broker/manager is tasked with selling those securities.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
Form 990, Part VII, Section A, Column (B) Average hours per week	Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors The hours reported are uniformly applied based on the position and it is recognized that the actual hours may be greater than noted for each individual.
Form 990, Part VI, Section A, Line 2	Trustees Fisher and Kamine had a business relationship in FY 2012-2013. Trustee Cox and Officer Muhlfelder had a business relationship in FY 2012-2013.	Governance, Management, and Disclosure - Governing Body and Management
Form 990, Part VI, Section B, Line 11A	Process for the review of Form 990 The Form 990 return is prepared by the Colleges administration and forwarded to the Colleges outside tax advisor for review and input into electronic media. The College will discuss the return with its outside tax advisor and make revisions prior to the printing of a first draft return for review and comment by the Audit Committee. The Audit Committee reviews this draft return, recommends changes and such changes are then incorporated into a revised draft return. This revised draft return is reviewed again by the Audit Committee to ensure the Committees requested changes were appropriately made. The administration will then distribute the revised draft return to the full Board of Trustees with a request for review and comment. If any questions or comments are received from a Board Member and the return is revised as a result, the Administration will advise the full Board of the change before filing of the final return.	Governance, Management, and Disclosure - Policies
Form 990, Part VI, Section B, Line 12 C	Monitoring and compliance with conflict of interest policy The Conflict of Interest Policy for Trustees, Board Members, Officers of the Administration, and other Key Employees of Lafayette College was approved by the College's Board of Trustees on October 27, 1979. This policy is mailed to all applicable individuals annually for their review and disclosure of both any exceptions to the Policy and any affiliations that the Policy requires disclosure for. All disclosure required under this Policy must be directed in writing to the Secretary of the Board of Trustees who shall be responsible for the administration of this Policy. Matters under this Policy concerning Trustees shall be initially reported to the Chairperson of the Board for appropriate action. Matters concerning staff will be referred initially to the President. Information disclosed to the Secretary (or Chairperson or President) will be held in confidence except when the best interest of the institution is served by disclosing the information to the Board in Executive Session.	Governance, Management, and Disclosure - Policies
Form 990, Part VI, Section B, Line 14	Records Retention Policy The Controller's Office maintains a written policy for the retention of financial documents including general ledger reports, financial statements, fixed asset repots, accounts payable, accounts receivable, banking, payroll, and tax filings. Other campus offices may also have specific policies for the retention of their documents that would be consistent with guidelines established for outside regulatory agencies and the office's needs. There is no formal overall campus-wide Records Retention Policy.	Governance, Management, and Disclosure - Policies
Form 990, Part VI, Section B, Lines 15 A & B	The process for determining the compensation of the President and officers of the Administration: The compensation of the President is established by the Compensation Committee which reviews data obtained from its external compensation consultant on presidential salaries from comparable institutions and updates or adjusts that data through surveys and other available resources. In addition, an annual performance review is conducted. The compensation for officers of the College's administration (Vice-Presidents), are recommended by the President based on a written annual performance summary. The compensation for each officer is then established by the Compensation Committee which reviews data obtained from its external compensation consultant on salaries of comparable officers from comparable institutions and adjusts that data through surveys and other available resources.	Governance, Management, and Disclosure - Policies
Form 990, Part VI, Section C, Line 19	Availability of Documents to the Public The College's audited financial statements are made available on the College's public website. The College does not make its governing documents and Conflict of Interest Policy available to the public on its website. Requests for copies of Forms 990 and 990T are provided promptly upon request in either hard-copy or electronic forms, and the College does not charge for either copying or mailing costs. After the filing of the Form 990 return for the same tax year, the College will provide a copy to Guidestar for publication on their website. The College's financial statements (and limited operating statistics) are also available on two additional websites: 1. The Municipal Securities Rulemaking Board's Electronic Municipal Market Access (EMMA) website where the College is required to file with EMMA per our 15C2-12 requirements associated with some of its tax-exempt debt. 2.Digital Assurance Certification (DAC)'s website. The College utilizes DAC as a method of getting its documents to EMMA, but DAC also posts these documents to their own website where it is publically accessible free of charge. Users are asked to register on this site.	Governance, Management, and Disclosure - Policies
Form 990, Part XI, Line 5	CHANGE IN ANNUITIES PAYABLE ESTIMATE 873,985 DISTRIB FROM PRINCIPAL TO FUND ANNUTITIES PAYABLE (1,645,264) CHANGE IN MV OF INTEREST RATE SWAP AGREEMENTS 5,794,693 PROVISION FOR UNCOLLECTIBLE NON OP PLEDGES REC (247,891) CHANGE IN POSTRETIREMENT BENEFIT COST 2,461,000 VOLUNTARY RETIREMENT INCENTIVE - FAC & NON FAC (1,746,900) ------------ TOTAL $ 5,489,623 =============	Change in Net Assets