2014-05-13T19:55:26-05:00 2013-06-30 910189318 Moss Adams LLP 3121 West March Lane Suite 100 Stockton CA 952192303 990 2012-07-01 954786748 Claremont University Consortium CLAR 9096218043 101 S Mills Ave Claremont CA 91711 Mia Alonzo 9096218043 2014-05-09 1 Tracy S Paglia P00366884 2099556100 2012 2015-11-30 17:44:51Z ML Dinkel 101 S Mills Ave Claremont CA 91711 88484457 0 X www.cuc.claremont.edu X 2000 CA To advance The Claremont Colleges by promoting collaboration; by providing innovative, high quality, and cost effective customer-oriented services; and by supporting the establishment of new institutions. 26 11 404 25 -10654 -14969 152560 151539 34346675 35669358 424359 556035 188230 165138 35111824 36542070 0 0 0 0 20793535 21157099 0 0 46594 16029999 15918981 36823534 37076080 -1711710 -534010 82622042 82949263 29629951 27205695 52992091 55743568 To advance The Claremont Colleges by promoting collaboration; by providing innovative, high quality, and cost effective customer-oriented services; and by supporting the establishment of new institutions. 0 0 12363728 13860369 Academic Support services provided by the Consortium include the central library system and bookstore providing library services and making textbooks available for the faculty and students of the Claremont Colleges. 4275967 4793576 Student services provided to the Claremont Colleges by the Consortium include: health and counseling services; ethnic centers; an interfaith office of chaplains and campus safety. 14297608 17015413 Institutional Support services provided to the Claremont Colleges by the Consortium include: food services administration; physical plant and facilities support; payroll and accounting; information technology; real estate; risk management; and employee benefits. Additional functions include advancing The Claremont Colleges, founding additional institutions and promoting cooperation among members to enhance programs. 30937303 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 97 0 1 404 1 1 1 0 0 0 0 0 0 0 0 0 0 X 26 11 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Robert A Walton 40.00 X X 281540 0 55516 Robert E Gipson 2.00 X 0 0 0 Robert L Adler 2.00 X X 0 0 0 Robert E Curry 2.00 1.00 X 0 0 0 Bryant C Danner 4.00 X X 0 0 0 Pamela B Gann 1.00 40.00 X 0 611675 123112 R Stanton Hales 2.00 X 0 0 0 Maria M Klawe 1.00 50.00 X 0 470395 75953 Robin Kramer 1.00 4.00 X 0 0 0 Brenda A Levin 2.00 X 0 0 0 Harry T McMahon 1.00 1.00 X 0 0 0 David W Oxtoby 1.00 40.00 X 0 422734 96185 Sheldon M Schuster 1.00 40.00 X 0 381635 40987 Laura Skandera Trombley 1.00 70.00 X 0 485318 224129 Donald P Baker 1.00 2.50 X 0 0 0 Lori Bettison-Varga 1.00 40.00 X 0 402261 140008 Susan A Nelson 1.00 X 0 0 0 Linda Davis Taylor 2.00 6.00 X 0 0 0 James E Blancarte 1.00 X 0 0 0 Deborah Freund 1.00 40.00 X 0 425976 132284 W Roderick Hamilton 1.00 X 0 0 0 Cristina Rose 1.00 X 0 0 0 Charles Winner 1.00 X 0 0 0 Jeanne M Buckley 1.00 5.00 X 0 0 0 Tracey C Doi 1.00 X 0 0 0 Wayne Drinkward 1.00 1.00 X 0 0 0 Kenneth Pifer 40.00 X 146973 0 32050 Bonnie Clemens 40.00 X 156439 0 30251 Timothy Morrison 40.00 X 140940 0 16136 Mia Alonzo 20.00 24.00 X 117221 0 26370 Denise Hayes 40.00 X 199851 0 30813 ML Dinkel 40.00 X 146652 0 16624 Audrey Morabito 40.00 X 0 0 0 Timothy Moody 40.00 X 144067 0 23497 Rene Yang 40.00 X 131004 0 28208 Shahram Ariane 40.00 X 130302 0 30015 John McDonald 40.00 X 127847 0 29935 Bruce Spena 40.00 X 125172 0 29975 1848008 3199994 1182048 15 0 1 0 Robert Half International Inc PO Box 743295 Los Angeles CA 900743295 Temporary Employment Agency 312867 Beyond Services Inc 11219 Rosburg Rd Beaumont CA 92223 Cleaning Services 240812 OCLC Inc Dept 34299 PO Box 39000 San Francisco CA 94139 Cataloging Services 165038 Braeger Construction Inc 1474 W 9TH ST Ste A-1 Upland CA 91786 Construction 160868 Blackboard Inc PO Box 200957 Pittsburgh PA 152510957 Software Consulting 132574 12 151539 15978 151539 Support services 611710 35248992 35248992 Program Rental 611710 371304 371304 Student Loan Interest 611710 49062 49062 35669358 183126 -11731 194857 202766 37628 165138 165138 165138 52277668 51904759 372909 372909 1077 371832 36542070 35669358 -10654 731827 1571634 377399 1177725 16510 14323956 12314720 2009236 1832700 1571174 261526 2398474 2013359 385115 1030335 840208 190127 696136 556111 140025 194104 124182 69922 158426 158426 204625 204625 831132 793252 37880 182813 143298 25847 13668 1618039 1467490 147860 2689 895302 205467 689835 1165852 1064610 101242 376995 323516 53451 28 102908 44804 57543 561 804028 780025 24003 332580 282490 41655 8435 2406464 2346053 60411 94781 86469 8312 Books & periodicals 3884941 3884941 Building repair 1465666 1343567 122099 504189 374168 125318 4703 37076080 30937303 6092183 46594 582874 718847 3748392 4108497 90646 91140 3140602 3452972 345659 300839 1876726 2364774 66814072 27013153 45794048 39800919 16037980 16704037 8771564 13021966 1506861 1972215 726690 413057 82622042 82949263 5289336 4519707 17479763 17162948 1645077 2484500 5215775 3038540 29629951 27205695 X 26090674 27697460 14213744 15346669 12687673 12699439 52992091 55743568 82622042 82949263 X -534010 1736038 1549449 X 0 1 X 1 0 X X X 0 0 0 Pomona College 951664112 2 1 0 Claremont Graduate University 951664100 2 1 0 Scripps College 951664123 2 1 0 Claremont McKenna College 951664101 2 1 0 Harvey Mudd College 951911219 2 1 0 Pitzer College 952261113 2 1 0 Keck Graduate Institute of Applied Life Sciences 954625327 2 1 0 7 0 Schedule A, Part IV, Supplemental Information: Schedule A, Part I, Line 11(h), Column (vii) - Amount of Support: The purpose of Claremont University Consortium is to support The Claremont Colleges (organizations listed under Schedule A, Part I, item 11h). Therefore, all of the $30,937,303 of program expenses are support paid for the benefit of the organizations listed. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 31600 X X X X X See Part XIV 0 26648529 4495 2558327 20295 1331927 197982 27661147 28465506 15607 -274533 23377 1347807 186867 26648529 24579700 3584 5390286 23661 1310639 173764 28465506 22571181 12047 3503542 21218 1362868 122984 24579700 30342554 117340 -6454824 20286 1282623 130980 22571181 0.01000 0.46000 0.53000 1 1 1 5292003 5292003 45303925 15493128 29810797 13907815 10560274 3347541 2310329 959751 1350578 39800919 213370 C Absolute Return 6111088 F Private Equity/Venture Capital 3147458 F Inflation hedging 3550050 C 13021966 Defined benefit plan payable 2392721 Funds held in trust for others 413057 Asset retirement obligation 232762 3038540 X 40183617 1736038 2110134 3846172 36337445 204625 204625 36542070 37432140 560685 560685 36871455 204625 204625 37076080 Part III, Line 4: Claremont University Consortium holds a historic musical instrument (violin), which is used for research, exhibition, teaching, performance, loan programs and preservation for future generations, which furthers the educational purpose of the affiliated institutions. Description of Intended Use of Endowment Funds: Part V, Line 4: Claremont University Consortium uses the earnings of its endowment funds according to the direction of the donor. Earnings are primarily used to support the Libraries of the Claremont Colleges and intercollegiate scholarships and professorships. Where no donor intent is specified, the earnings fund the general operations of the Consortium. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: In accordance with generally accepted accounting principles, the Consortium had no uncertain tax positions at June 30, 2013 and 2012. Part XI, Line 2d - Other Adjustments: Actuarial Adjustment 9,615. Comprehensive Pension Expense 1,539,834. Rental Expense 37,628. Cost of Sale 523,057. Part XII, Line 2d - Other Adjustments: Cost of Sale 523,057. Rental Expense 37,628. Central America and the Caribbean - 0 0 Investments 6111088 0 0 0 0 0 0 6111088 0 6111088 0 0 0 0 0 0 X 0 1 X X 0 1 0 0 0 0 0 1 0 Robert A Walton 229839 0 0 0 51701 0 27798 0 27718 0 337056 0 0 0 Pamela B Gann 0 445173 0 0 0 166502 0 44798 0 78314 0 734787 0 115126 Maria M Klawe 0 441066 0 0 0 29329 0 30000 0 45953 0 546348 0 0 David W Oxtoby 0 422734 0 0 0 0 0 47177 0 49008 0 518919 0 0 Sheldon M Schuster 0 327187 0 0 0 54448 0 30000 0 10987 0 422622 0 0 Laura Skandera Trombley 0 467016 0 0 0 18302 0 183334 0 40795 0 709447 0 0 Lori Bettison-Varga 0 358018 0 40750 0 3493 0 30000 0 110008 0 542269 0 0 Deborah Freund 0 398769 0 25000 0 2207 0 52798 0 79486 0 558260 0 0 Kenneth Pifer 146201 0 0 0 772 0 16021 0 16029 0 179023 0 0 0 Bonnie Clemens 153179 0 0 0 3260 0 16534 0 13717 0 186690 0 0 0 Timothy Morrison 139100 0 0 0 1840 0 14662 0 1474 0 157076 0 0 0 Denise Hayes 183352 0 0 0 16499 0 21000 0 9813 0 230664 0 0 0 ML Dinkel 126932 0 0 0 19720 0 13418 0 3206 0 163276 0 0 0 Timothy Moody 141490 0 0 0 2577 0 14783 0 8714 0 167564 0 0 0 Rene Yang 131004 0 0 0 0 0 14133 0 14075 0 159212 0 0 0 Shahram Ariane 128862 0 0 0 1440 0 13929 0 16086 0 160317 0 0 0 John McDonald 127217 0 0 0 630 0 13937 0 15998 0 157782 0 0 0 Bruce Spena 124032 0 0 0 1140 0 13345 0 16630 0 155147 0 0 0 Part I, Line 1a A housing allowance in the amount of $12,000 was paid to the VP Student Services/Dean. The allowance was included in taxable compensation. Part I, Line 1b CUC does not have a formal written policy regarding housing allowances, however such allowances may be negotiated and included in an employee's contract with Board approval. Part I, Line 4b Presidents of the Claremont Colleges participate in Section 457(f) plans provided by their respective institution. One or more of the Presidents received a payment per their plan agreement during the year. Part I, Line 7 Non-fixed payments such as bonuses are granted at the request of an employee's manager to provide compensation for unique or one-time projects or other discrete issues. A CA Educational Facilities Authority 521705592 130178ZQ2 2011-04-07 9095717 Facilities Renewal & Construction 0 0 0 B CA Educational Facilities Authority 521705592 130178P91 2012-08-02 9212026 Facilities Renewal & Construction 0 0 0 A 720000 9095756 182732 3375037 5537986 2011 1 0 1 1 B 365000 9212027 179979 9032047 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 Additional Information: Written procedures for tax exempt bonds were approved by management in April 2013 and approved by the Board of Overseers on October 16, 2013. Schedule K, Part II, Line 3, Column A Total Proceeds of Issue The difference between the issue price of $9,095,717 and the proceeds of $9,095,756 is a result of investment earnings. Schedule K, Part II, Line 3, Column B Total Proceeds of Issue The difference between the issue price of $9,212,026 and the proceeds of $9,212,027 is a result of investment earnings. Edison Int'lSo Cal Edison Robert Adler, Vice Chair of the Board 440155 SCE provides electrical power to the Consortium 0 Form 990, Part VI, Section A, line 7a The Claremont University Consortium ("CUC") is the central coordinating institution of The Claremont Colleges, a cluster of seven undergraduate, graduate, and professional academic institutions ("Member Institutions"). The governing body of the CUC is its Board of Overseers ("Board"). The Board is composed of 14 Constituent Overseers (the Board Chair and the President of each of the seven Member Institutions, who are elected or appointed by the board of trustees of each respective Member Institution, and not by the Board of the CUC) and up to 11 At-Large Overseers, who are elected by the Board of the CUC. Form 990, Part VI, Section A, line 7b The CUC is governed, in part, by a constitution. Article VIII of that constitution provides that it may be amended by the Board, however amendments to six specific articles (Article II, Objectives, Article IV, Central Coordinating Institution, Article V, Size of Member Institutions, Article VI, Instructional Services, Article VII, Procedures for New Colleges and Other Institutions, and Article VIII, Amendments) become effective only "upon ratification by the respective boards of the member institutions." Approval of a majority of the boards of trustees of the Member Institutions is also required for certain land transactions. Form 990, Part VI, Section B, line 11 CUC utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves multiple layers of management as well as governing board members. CUC has engaged an outside accounting firm to prepare the 990 using information provided by individuals in the Office of Financial Services, the Office of Human Resources, and the CUC Business Affairs Office, and changes are made as needed. Once a revised draft is available, the draft is reviewed by the Controller and Executive Vice President/Chief Operating Officer. After this review and any resulting changes are complete, the revised draft is provided to members of the CUC Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee accepts the 990 and provides it to all voting members of the Board of Overseers prior to filing. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy applies to overseers, officers and employees of Claremont University Consortium. Each year, the Secretary of the Board sends a copy of the policy along with a survey to all overseers and officers to determine if there are any conflicts of interest. The results are reviewed by the Chief Executive Officer to determine if any conflicts exist and are reported to the Audit Committee annually. Any action required due to a conflict is evaluated on a case by case basis. Form 990, Part VI, Section B, line 15 Claremont University Consortium has an executive compensation review policy in place for independent review by the Executive Committee of the Board of Overseers. Each year a report of compensation for officers, key employees and other disqualified persons (see Part VII) is prepared which includes historic compensation data, and national and regional survey data. The Executive Committee meets to approve total compensation before any changes are implemented. Comparability data has been prepared and presented to the Executive Committee, and is in the process of being reviewed. Compensation increases will be made once the review is complete and may be retroactive to July 1, 2013. Contemporaneous substantiation of the compensation approval is maintained in the form of board committee minutes. Form 990, Part VI, Section C, line 19 The governing/organizing documents are made available to the public upon request. The conflict of interest policy and the financial statements are available on the Claremont University Consortium website. http://www.cuc.claremont.edu/ Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Comprehensive Pension Expense 1,539,834. Actuarial Adjustment 9,615. Pomona College 550 N College Ave Claremont CA 91711 951664112 Education CA 501(c)(3) 2 N/A 0 Claremont Graduate University 150 E 10th Street Claremont CA 91711 951664100 Education CA 501(c)(3) 2 N/A 0 Scripps College 1030 Columbia Claremont CA 91711 951664123 Education CA 501(c)(3) 2 N/A 0 Claremont McKenna College 500 E 9th Street Claremont CA 91711 951664101 Education CA 501(c)(3) 2 N/A 0 Harvey Mudd College 301 Platt Blvd Claremont CA 91711 951911219 Education CA 501(c)(3) 2 N/A 0 Pitzer College 1050 N Mills Claremont CA 91711 952261113 Education CA 501(c)(3) 2 N/A 0 Keck Graduate Institute 535 Watson Dr Claremont CA 91711 954625327 Education CA 501(c)(3) 2 N/A 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 1 0 0