SWARTHMORE COLLEGE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SWARTHMORE COLLEGE (EIN 23-1352683)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-08
IRS object ID: 201421289349302207
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 K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-08T14:24:29-05:00	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	PricewaterhouseCoopers LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET ST SUITE 1700	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	231352683	EIN

Name Name

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

Field	Value	IRS element (for citing)
In Care Of Name	% EILEEN PETULA	InCareOfName
Name Control	SWAR	NameControl
Phone	6103288676	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	500 COLLEGE AVENUE	AddressLine1
Address Line2	Suite	AddressLine2
City	SWARTHMORE	City
State	PA	State
ZIP Code	190811306	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SUZANNE P WELSH	Name
Title	VP FINANCE&TREASURER	Title
Phone	6103288676	Phone
Date Signed	2014-05-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2673303000	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	SUZANNE P WELSH	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	500 COLLEGE AVENUE	AddressLine1
City	SWARTHMORE	City
State	PA	State
ZIP Code	19081	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1340246186	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.swarthmore.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1864	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	SEE ATTACHMENT 1	ActivityOrMissionDescription
Nbr Voting Members Governing Body	37	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	36	NbrIndependentVotingMembers
Total Nbr Employees	2519	TotalNbrEmployees
Total Nbr Volunteers	1417	TotalNbrVolunteers
Total Gross UBI	106134	TotalGrossUBI
Net Unrelated Business Txbl Income	-462555	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	21907000	ContributionsGrantsPriorYear
Contributions Grants Current Year	52686000	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	79979000	ProgramServiceRevenuePriorYear
Program Service Revenue CY	83625000	ProgramServiceRevenueCY
Investment Income Prior Year	94555878	InvestmentIncomePriorYear
Investment Income Current Year	102458174	InvestmentIncomeCurrentYear
Other Revenue Prior Year	7935535	OtherRevenuePriorYear
Other Revenue Current Year	6650469	OtherRevenueCurrentYear
Total Revenue Prior Year	204377413	TotalRevenuePriorYear
Total Revenue Current Year	245419643	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	28034000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	28395000	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	72963782	SalariesEtcPriorYear
Salaries Etc Current Year	76802088	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	85516	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	63685	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	4433295	TotalFundrsngExpCurrentYear
Other Expense Prior Year	54627100	OtherExpensePriorYear
Other Expenses Current Year	55544599	OtherExpensesCurrentYear
Total Expenses Prior Year	155710398	TotalExpensesPriorYear
Total Expenses Current Year	160805372	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	48667015	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	84614271	RevenuesLessExpensesCY
Total Assets BOY	1905688000	TotalAssetsBOY
Total Assets EOY	2076005000	TotalAssetsEOY
Total Liabilities BOY	278433000	TotalLiabilitiesBOY
Total Liabilities EOY	285312000	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1627255000	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1790693000	NetAssetsOrFundBalancesEOY
Mission Description	SWARTHMORE COLLEGE IS AN INSTITUTION DEDICATED TO THE FINEST UNDERGRADUATE EDUCATION, COMMITTED TO MAKING A SIGNIFICANT INTELLECTUAL CONTRIBUTION, AND RESOLVED TO BE A MICROCOSM OF, AND PREPARE LEADERSHIP FOR A MORE JUST WORLD. OUR MISSION IS TO PROVIDE AN EDUCATIONAL EXPERIENCE THAT HAS AT ITS CORE A COMMITMENT BOTH TO INTELLECTUAL RIGOR AND TO THE RESPONSIBILITY TO USE THAT RIGOR TO ADVANCE THE CONDITIONS OF HUMANITY. THE COLLEGE SEEKS TO DO THIS THROUGH AN EXCEPTIONAL ACADEMIC PROGRAM AND SUPPORTED BY PURPOSEFUL EXPERIENCES OUTSIDE OF THE CLASS ROOM. CENTRAL TO THE COLLEGE'S MISSION IS RECOGNITION OF THE FACT THAT STUDENTS LEARN BOTH INSIDE AND OUTSIDE THE CLASSROOM.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	122679954	Expense
Grants	28395000	Grants
Revenue	83625000	Revenue
Description	Swarthmore is a co-educational College of Liberal Arts and Engineering. The average enrollment for fiscal year 2012-13 was 1,552 (77 of which were studying abroad). Of the total student population, 1,401 come from across the United States while 151 come from various foreign nations. The College strives to make it possible for all admitted students to attend Swarthmore, regardless of their financial circumstances and to enable them to complete their education if financial reversals take place. Approximately 53% of the student body received financial aid from the College in fiscal year ending June 30, 2013. The College is committed to meeting all demonstrated financial need through scholarship and student employment. Demonstrated need is assessed by careful review of families' financial circumstances. Swarthmore College is committed to the principle of equal opportunity for all qualified persons, without discrimination against any person by reason of sex, race, color, age, religion, national origin, hanndicap, or sexual orientation. This policy is consistent with relevant governmental statues and regulations, including those pursuant to Title IX of the federal Education Amendments of 1972 and Section 504 of the Federal Rehabilitation Act of 1973.	Description
Total Program Service Expense	122679954	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	true	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	true	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	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	true	InvestTaxExemptBonds
Escrow Account	true	EscrowAccount
On Behalf Of Issuer	true	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	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	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	2210	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2519	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
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	37	NbrVotingGoverningBodyMembers
Number Independent Voting Members	36	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
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	EILEEN PETULA	NamePerson
Telephone Number	6103288399	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	500 COLLEGE AVENUE	AddressLine1
City	SWARTHMORE	City
State	PA	State
ZIP Code	190811306	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (63 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
GILES K KEMP
CHAIR	6.0	0.0	X	X
JENNY HOURIHAN BAILIN
TRUSTEE	4.0	0.0	X
RICHARD A BARASCH
TRUSTEE	2.0	0.0	X
JANET SMITH DICKERSON
TRUSTEE	4.0	0.0	X
DAVID GELBER
TRUSTEE	4.0	0.0	X
DELVIN DINKINS
TRUSTEE	2.0	0.0	X
LEWIS H LAZARUS
TRUSTEE	2.0	0.0	X
NEIL R GRABOIS
TRUSTEE	2.0	0.0	X
MARILYN HOLIFIELD
TRUSTEE	2.0	0.0	X
JAMES C HORMEL
TRUSTEE	2.0	0.0	X
ANN REICHELDERFER
TRUSTEE	2.0	0.0	X
BARBARA W MATHER
TRUSTEE	4.0	0.0	X
JANE LANG
TRUSTEE	2.0	0.0	X
SUSAN B LEVINE
TRUSTEE	2.0	0.0	X
BENNETT LORBER
TRUSTEE	4.0	0.0	X
CHRISTOPHER M NIEMCZEWSKI
TRUSTEE	4.0	0.0	X
SIBELLA CLARK PEDDER
TRUSTEE	2.0	0.0	X
ELIZABETH H SCHEUER
TRUSTEE	2.0	0.0	X
ROBIN M SHAPIRO
TRUSTEE	4.0	0.0	X
SUJATHA SRINIVASAN
TRUSTEE	2.0	0.0	X
DAVID W SINGLETON
TRUSTEE	4.0	0.0	X
RUTH SHOEMAKER WOOD
TRUSTEE	2.0	0.0	X
JOSEPH L TURNER
TRUSTEE	2.0	0.0	X
GUSTAVO SCHWED
TRUSTEE	2.0	0.0	X
SOHAIL BENGALI
TRUSTEE	2.0	0.0	X
NATHANIEL AK ERSKINE
TRUSTEE	2.0	0.0	X
THOMAS WT HARTNETT
TRUSTEE	2.0	0.0	X
LUCINDA LEWIS
TRUSTEE	2.0	0.0	X
JAMES LOVELACE
TRUSTEE	2.0	0.0	X
RHONDA RESNICK COHEN
TRUSTEE	4.0	0.0	X
EUGENE M LANG
EMERITUS CHAIR	2.0	0.0	X
SAMUEL L HAYES III
EMERITUS TRUSTEE	2.0	0.0	X
JULIE LANGE HALL
EMERITA TRUSTEE	2.0	0.0	X
JEROME KOHLBERG
EMERITUS TRUSTEE	2.0	0.0	X
ELIZABETH J McCORMACK
EMERITA TRUSTEE	2.0	0.0	X
MARGE PEARLMAN SCHEUER
EMERITA TRUSTEE	2.0	0.0	X
J LAWRENCE SHANE
EMERITUS TRUSTEE	2.0	0.0	X
REBECCA S CHOPP
PRES./EX OFFICIO BOARD MEMBER	60.0	0.0	X	X	553120	0	160073
S Leslie Jewett
Trustee	2.0	0.0	X
Harold Kalkstein
Trustee	4.0	0.0	X
David Ko
Trustee/ex officio Board Memb.	2.0	0.0	X
Danielle M Lee
Trustee	2.0	0.0	X
June R Scott
Trustee	2.0	0.0	X
Salem D Shuchman
Vice-Chair	4.0	0.0	X	X
Davia Temin
Trustee	2.0	0.0	X
Robert Steelman
Trustee	2.0	0.0	X
SUZANNE P WELSH
VP FINANCE & TREASURER	60.0	0.0		X	312014	0	42925
THOMAS STEPHENSON
PROVOST	60.0	0.0		X	209338	0	115602
MAURICE G ELDRIDGE
VP COLLEGE & COMMUNITY REL.	60.0	0.0		X	237187	0	36709
KARL W CLAUSS
VP DEVELOPMENT & ALUMNI REL.	60.0	0.0		X	205705	0	75762
MARK C AMSTUTZ
MANAGING DIRECTOR OF INV.	60.0	0.0		X	211679		38876
C STUART HAIN
VP FACILITIES & SERVICES	60.0	0.0		X	196519	0	22497
JAMES L BOCK III
DEAN OF ADMISSIONS & FIN. AID	60.0	0.0		X	191638	0	37366
PAMELA PRESCOD-CAESAR
VP HUMAN RESOURCES	60.0	0.0		X	157996	0	35801
H ELIZABETH BRAUN
DEAN OF STUDENTS	60.0	0.0		X	172437	0	75495
NANCY NOWICKI NICELY
VP COMMUNICATIONS & PUBLIC REL	60.0	0.0		X	203322		38164
LORI ANN JOHNSON
ASSISTANT TREASURER	40.0	0.0		X	105320		11004
ROBINSON G HOLLISTER
PROFESSOR	40.0	0.0			220989	0	36225	X
Scott F Gilbert
Professor	40.0	0.0			359061	0	2830	X
Deborah GKemler Nelson
Professor	40.0	0.0			330450	0	7875	X
Constance C Hungerford
Professor	40.0	0.0			239004	0	31872	X
Peter J Collings
Professor	40.0	0.0			199540	0	27085	X
DAVID FRASER
Former President	0.0	0.0			191520	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	4296839	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	796161	TotalOtherCompensation
Number Individuals GT100 K	133	NumberIndividualsGT100K
Formers Listed	true	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
HAMILTON LANE ADVISORS LLC
ONE BELMONT AVENUE SUITE 900	BALA CYNWYD	PA	19004	INVESTMENT ADVISORS	866666
CAMBRIDGE ASSOCIATES LLC
PO BOX 10317	UNIONDALE	NY	11555	INVESTMENT ADVISORS	734416
Cope Linder Architects
30 South 15th Street	PHILADELPHIA	PA	19102	Architecture	335035
PROSPECTOR PARTNERS LLC
370 CHURCH STREET	GUILFORD	CT	06437	INVESTMENT ADVISORS	282921
PRICEWATERHOUSECOOPERS LLP
2001 MARKET STREET SUITE 1700	PHILADELPHIA	PA	19103	AUDIT & TAX	211766

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	13	NumberOfContractorsGT100K
Government Grants	1989000	GovernmentGrants
All Other Contributions	50697000	AllOtherContributions
Noncash Contributions	25770024	NoncashContributions
Total Contributions	52686000	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION & FEES	611600	66421000	66421000
ROOM & BOARD	611600	17204000	17204000

Field	Value	IRS element (for citing)
Total Program Service Revenue	83625000	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	59483458	TotalRevenueColumn
Exclusion	$59,483,458	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	275020	TotalRevenueColumn
Exclusion	$275,020	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	1505847	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	1414628	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	91219	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	91219	TotalRevenueColumn
Exclusion	$91,219	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1136849186	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1093411915	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	43437271	Securities
Other	-462555	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	42974716	TotalRevenueColumn
Unrelated Business Revenue	-462555	UnrelatedBusinessRevenue
Exclusion	$43,437,271	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

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

Net Income From Gaming NetIncomeFromGaming

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

Net Income Or Loss NetIncomeOrLoss

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

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
SUMMER PROGRAMS	713990	568689	568689
AUXILIARY SERVICES	900099	5715541		$5,715,541

Field	Value	IRS element (for citing)
Total Other Revenue	6284230	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	245419643	TotalRevenueColumn
Related Or Exempt Function Income	83625000	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	106134	UnrelatedBusinessRevenue
Exclusion	$109,002,509	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	28395000	Total
Program Services	28395000	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	3295905	Total
Program Services	1746991	ProgramServices
Management And General	1548914	ManagementAndGeneral

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	54878862	Total
Program Services	41869276	ProgramServices
Management And General	10774372	ManagementAndGeneral
Fundraising	2235214	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	4959816	Total
Program Services	3730927	ProgramServices
Management And General	1031351	ManagementAndGeneral
Fundraising	197538	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	9621485	Total
Program Services	6392737	ProgramServices
Management And General	2916174	ManagementAndGeneral
Fundraising	312574	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	4046020	Total
Program Services	3053041	ProgramServices
Management And General	839503	ManagementAndGeneral
Fundraising	153476	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	624802	Total
Program Services	223590	ProgramServices
Management And General	400281	ManagementAndGeneral
Fundraising	931	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	196432	Total
Management And General	196432	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	63685	Total
Fundraising	63685	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	5678000	Total
Management And General	5678000	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	4777462	Total
Program Services	2566022	ProgramServices
Management And General	1878098	ManagementAndGeneral
Fundraising	333342	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	852130	Total
Program Services	204195	ProgramServices
Management And General	640899	ManagementAndGeneral
Fundraising	7036	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	4720295	Total
Program Services	3644265	ProgramServices
Management And General	970338	ManagementAndGeneral
Fundraising	105692	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	2693989	Total
Program Services	1820914	ProgramServices
Management And General	822121	ManagementAndGeneral
Fundraising	50954	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2061295	Total
Program Services	1576690	ProgramServices
Management And General	421396	ManagementAndGeneral
Fundraising	63209	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2653718	Total
Program Services	1809264	ProgramServices
Management And General	540671	ManagementAndGeneral
Fundraising	303783	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	1605567	Total
Program Services	1123548	ProgramServices
Management And General	396249	ManagementAndGeneral
Fundraising	85770	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	6810589	Total
Program Services	5160332	ProgramServices
Management And General	1454444	ManagementAndGeneral
Fundraising	195813	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	7293063	Total
Program Services	5615658	ProgramServices
Management And General	1458613	ManagementAndGeneral
Fundraising	218792	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	793653	Total
Program Services	793049	ProgramServices
Management And General	604	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
FOREIGN STUDIES	3178868	3178868
ANNUITY PAYMENTS	2112669	1792588	320081
BOOKSTORE RELATED	679990	679990
EQUIP PURCH, RENTAL, & MAINT	3191173	2076835	1074641	39697

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	5620904	Total
Program Services	5226174	ProgramServices
Management And General	328941	ManagementAndGeneral
Fundraising	65789	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	160805372	Total
Program Services	122679954	ProgramServices
Management And General	33692123	ManagementAndGeneral
Fundraising	4433295	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	32265000	BOY
EOY	23343000	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

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

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	17006000	BOY
EOY	27816000	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2397000	BOY
EOY	1236000	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	376417	BOY
EOY	357774	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	14103583	BOY
EOY	13884226	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	582095	BOY
EOY	609657	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2917905	BOY
EOY	2629343	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	366033000	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	119100000	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	239966000	BOY
EOY	246933000	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	717448000	BOY
EOY	842791000	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	861307000	BOY
EOY	909989000	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	17319000	BOY
EOY	6416000	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1905688000	BOY
EOY	2076005000	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	17624000	BOY
EOY	16681000	EOY

Grants Payable GrantsPayable

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

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	2239000	BOY
EOY	2170000	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	212010000	BOY
EOY	205621000	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	854000	BOY
EOY	843000	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	45706000	BOY
EOY	59997000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	278433000	BOY
EOY	285312000	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	638391000	BOY
EOY	693556000	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	802184000	BOY
EOY	899189000	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	186680000	BOY
EOY	197948000	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1627255000	BOY
EOY	1790693000	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1905688000	BOY
EOY	2076005000	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	84614271	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	78936729	ReconciliationUnrealizedInvest
Reconcilation Invest Expenses	5678000	ReconcilationInvestExpenses
Reconcilation Other Changes	-5791000	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

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)
Assets In Part X	4591000	AssetsInPartX

Held Works Of Art Amts HeldWorksOfArtAmts

Field	Value	IRS element (for citing)
Assets In Part X	4591000	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1498775000	BeginningOfYearBalance
Contributions	15694000	Contributions
Investment Earnings Or Losses	181752000	InvestmentEarningsOrLosses
Grants Or Scholarships	12432000	GrantsOrScholarships
Other Expenditures	43426000	OtherExpenditures
Administrative Expenses	5678000	AdministrativeExpenses
End Of Year Balance	1634685000	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1508483000	BeginningOfYearBalance
Contributions	7194000	Contributions
Investment Earnings Or Losses	36458000	InvestmentEarningsOrLosses
Grants Or Scholarships	11458000	GrantsOrScholarships
Other Expenditures	37400000	OtherExpenditures
Administrative Expenses	4502000	AdministrativeExpenses
End Of Year Balance	1498775000	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1249254000	BeginningOfYearBalance
Contributions	2716000	Contributions
Investment Earnings Or Losses	307084000	InvestmentEarningsOrLosses
Grants Or Scholarships	10931000	GrantsOrScholarships
Other Expenditures	34964000	OtherExpenditures
Administrative Expenses	4676000	AdministrativeExpenses
End Of Year Balance	1508483000	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1128675000	BeginningOfYearBalance
Contributions	1746000	Contributions
Investment Earnings Or Losses	169566000	InvestmentEarningsOrLosses
Grants Or Scholarships	10704000	GrantsOrScholarships
Other Expenditures	35621000	OtherExpenditures
Administrative Expenses	4408000	AdministrativeExpenses
End Of Year Balance	1249254000	EndOfYearBalance

Field	Value	IRS element (for citing)
Current Year Minus4 Years		CurrentYearMinus4Years
Board Designated EOY Balance	0.37000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.58000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.05000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	5757000	InvestmentCostOrOtherBasis
Book Value	5757000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	302530000	InvestmentCostOrOtherBasis
Depreciation	77114000	Depreciation
Book Value	225416000	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	34221000	InvestmentCostOrOtherBasis
Depreciation	24392000	Depreciation
Book Value	9829000	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	18934000	InvestmentCostOrOtherBasis
Depreciation	17594000	Depreciation
Book Value	1340000	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	4591000	InvestmentCostOrOtherBasis
Book Value	4591000	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	246933000	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (6 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
FIXED INCOME	38250000	F
PUBLIC EQUITY	164346000	F
REAL ASSETS	146135000	F
PRIVATE EQUITY	316384000	F
MARKETABLE ALTERNATIVES	243097000	F
OTHER	1777000	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	909989000	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DEFERRED PAYMENTS	Description
Amount	$59,997,000	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	59997000	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	291585000	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	84614729	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	84614729	RevenueNotRptdF990
Revenue Subtotal	206970271	RevenueSubtotal
Investment Expenses Not Included	5678000	InvestmentExpensesNotIncluded
Other Revenues Not Included	32771372	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	38449372	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	245419643	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	128147000	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	128147000	ExpensesSubtotal
Investment Expenses Not Included2	5678000	InvestmentExpensesNotIncluded2
Other Expenses Not Included	26980372	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	32658372	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	160805372	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	SCHEDULE D EXPLANATIONS	Identifier
Return Reference	PART III, LINE 4	ReturnReference
Explanation	THE COLLEGE MAINTAINS A SMALL PERMANENT COLLECTION OF ART THAT IS USED IN TEACHING (E.G., COURSES IN STUDIO ART AND ART HISTORY) AND PROVIDES STUDENTS WITH RESEARCH OPPORTUNITIES. PART V, LINE 4 Besides scholarships, the Swarthmore College endowment provides funding for a variety of programs including professorships, faculty and student research, library and academic support, awards and prizes, community service, facilities and grounds, debt service and capital projects as well as general budget support. PART X, LINE 2 PER THE REQUIREMENT TO ASSESS UNCERTAIN TAX POSITIONS, NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THE STANDARD. THE COLLEGE WILL CONTINUE TO MONITOR AND EVALUATE ITS UNRELATED BUSINESS ACTIVITY. Part XII, Line 4b Linbe 4b, Other: This figure represents the following: Costs of rental housing (1,414,628) Change in present value of life income funds 5,791,000 Student aid 28,395,000 TOTAL _________________ 32,771,372 Part XII, Line 4b Line 4b, Other: This figure represents the following: Costs of rental housing (1,414,628) Student aid 28,395,000 TOTAL _______________ 26,980,372	Explanation

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

Field	Value	IRS element (for citing)
Identifier	PART I, LINE 3	Identifier
Explanation	The college's non-discriminatory policy is included in all printed and broadcast advertising as well as in the college catalogs. It is also in print in various locations on campus. PART I, Line 6a The College participates in five Federal student financial aid programs: Federal PELL, FSEOG, Federal Work Study, Federal Perkins Loan and Federal Stafford Loan programs. The College also participates in the Pennsylvania Higher Education Assistance Agency (PHEAA) student grant program. The only direct financial assistance received by the College from a governmental agency is the PHEAA Institutional Assistance Grant.	Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
East Asia and the Pacific	Program Services	STUDY ABROAD	141000
Sub-Saharan Africa	Program Services	STUDY ABROAD	4000
Europe (Including Iceland and Greenland)	Program Services	Study Abroad	857000
South America	Program Services	Study Abroad	137000
Europe (Including Iceland and Greenland)	Investments	N/A	57727000
Central America and the Caribbean	Investments	N/A	146021000
Middle East and North Africa	Investments	N/A	130000

Field	Value	IRS element (for citing)
Subtotal Amount Spent	205017000	SubtotalAmountSpent
Total Amount Spent	205017000	TotalAmountSpent
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	true	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

Name Of IndividualNameOfIndividual	ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
MARTS LUNDY 1200 WALL ST LYNDHU	GENERAL CONSULTING	false	50135488	51873	50083615
VALERIE M JONES ASSOCIATES 210 IDL	GENERAL CONSULTING	false	561512	11813	549699

Field	Value	IRS element (for citing)
Total Gross Receipts	50697000	TotalGrossReceipts
Total Retained By Contractors	63686	TotalRetainedByContractors
Total Net To Organization	50633314	TotalNetToOrganization
All States	All States	AllStates

Schedule I IRS990ScheduleI

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

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SWARTHMORE COLLEGE FUNDS/SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	815	NumberOfRecipients
Amount Of Cash Grant	28395000	AmountOfCashGrant
Method Of Valuation	N/A	MethodOfValuation
Description Of Non Cash Assistance	N/A	DescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PART III	Identifier
Explanation	ALL SWARTHMORE COLLEGE SCHOLARSHIPS ARE DISBURSED/POSTED ELECTRONICALLY (AND INTERNALLY) DIRECTLY TO THE STUDENTS ACCOUNT. FURTHERMORE, STUDENTS RECEIVING SAID FUNDS ARE UNABLE TO WITHDRAWAL IT FROM THEIR STUDENT ACCOUNT.	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
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	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 (17 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	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
REBECCA S CHOPP
PRES./EX OFFICIO BOARD MEMBER	553120	0	0	0	0	0	94150	0	65923	0	713193	0	0	0
SUZANNE P WELSH
VP FINANCE & TREASURER	312014	0	0	0	0	0	25000	0	17925	0	354939	0	0	0
THOMAS STEPHENSON
PROVOST	209338	0	0	0	0	0	80944	0	34658	0	324940	0	0	0
MAURICE G ELDRIDGE
VP COLLEGE & COMMUNITY REL.	237187	0	0	0	0	0	24113	0	12596	0	273896	0	0	0
KARL W CLAUSS
VP DEVELOPMENT & ALUMNI REL.	205705	0	0	0	0	0	20833	0	54929	0	281467	0	0	0
MARK C AMSTUTZ
MANAGING DIRECTOR OF INV.	211679		0		0		21569		17307		250555		0
C STUART HAIN
VP FACILITIES & SERVICES	196519	0	0	0	0	0	19830	0	2667	0	219016	0	0	0
JAMES L BOCK III
DEAN OF ADMISSIONS & FIN. AID	191638	0	0	0	0	0	19707	0	17659	0	229004	0	0	0
PAMELA PRESCOD-CAESAR
VP HUMAN RESOURCES	157996	0	0	0	0	0	14583	0	21218	0	193797	0	0	0
H ELIZABETH BRAUN
DEAN OF STUDENTS	172437	0	0	0	0	0	17904	0	57591	0	247932	0	0	0
NANCY NOWICKI NICELY
VP COMMUNICATIONS & PUBLIC REL	203322		0		0		20450		17714		241486		0
DAVID FRASER
Former President	0	0	0	0	191520	0	0	0	0	0	191520	0	0	0
ROBINSON G HOLLISTER
PROFESSOR	220989	0	0	0	0	0	20630	0	15595	0	257214	0	0	0
Scott F Gilbert
Professor	26040	0	0	0	333021	0	2342	0	488	0	361891	0	0	0
Deborah GKemler Nelson
Professor	67116	0	0	0	263334	0	6588	0	1287	0	338325	0	0	0
Constance C Hungerford
Professor	239004	0	0	0	0	0	23625	0	8247	0	270876	0	0	0
Peter J Collings
Professor	199540	0	0	0	0	0	19077	0	8008	0	226625	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Schedule J Supplemental Information	Identifier
Return Reference	Part III, Line 1a	ReturnReference
Explanation	First Class Travel - In general, it is the college's policy that first class travel is not authorized for college employees traveling on college business. However, in recognition that the president typically works during flights, attends directly to business upon arrival, and cannot schedule in time for adequate rest, the board of managers has approved the use of first class travel for the president on domestic and international flights over three hours in length. This policy extends to the president's spouse when he or she accompanies the president on business travel. For all other employees (faculty and staff), first class travel must be pre-approved by the president or his/her designate. Travel for companions - In certain authorized circumstances the college will pay, or will reimburse for the travel, meals and expenses of the spouse/partner of an employee under the college's accountable plan. Reimbursements are considered taxable income to the employee unless the companion travel is 1) for a bona fide business purpose, 2) directly benefits the college, and 3) is properly documented and approved. Any spouse/partner travel other than the president must be approved, in advance, by the president or his/her designate. Tax gross-up - Retirement payments to employees may include a gross-up for a portion of the benefits paid. Residence Requirement - As a condition of employment the PresidenT, the Dean of Students & Vice-President Development & Alumni Relations maintained their full time residence in College-provided housing and used the residence for College business and entertainment purposes. Social club dues - Membership dues were provided to three New York University clubs to be used primarily for business purposes (entertainment / travel). Additional Information for Part II of Schedule J: Deferred compensation figures provided include employer contributions to a qualified retirement plan. Rebecca S. Chopp - Deferred compensation figure is a result of accrued leave compensation and benefits. Rebecca S. Chopp - Non-taxable benefits figure includes a housing allowance. See "residence requirement" above. Karl W. Clauss - Non-taxable benefits figure includes a housing allowance. See "residence requirement" above. Thomas Stephenson - Deferred compensation also includes accrued leave compensation and benefits. H. Elizabeth Braun - Non-taxable benefits figure includes a housing allowance. See "residence requirement" above. David W. Fraser - Other reportable compensation figure was a supplemental retirement payment. Scott F. Gilbert - Other reportable compensation figure was an early retirement payment. Deborah G. Kemler Nelson - Other reportable compensation figure was an early retirement payment.	Explanation

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
SWARTHMORE COLLEGE BOROUGH AUTHORITY
A	232243929	870000FJ0	2006-12-20	79638446	SEE PART VI	false	false	false
SWARTHMORE COLLEGE BOROUGH AUTHORITY
B	232243929	870000GH3	2008-04-30	27925671	SEE PART VI	false	false	false
SWARTHMORE COLLEGE BOROUGH AUTHORITY
C	232243929	870000GJ9	2009-07-29	9453814	SEE PART VI	false	false	false
Swarthmore College Borough Authority
D	232243929	870000GY6	2011-06-29	30383328	SEE PART VI	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Other Spent ProceedsOtherSpentProceeds	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	79638446	656894	78981552	false	true	true	true
B	27925671	325671	27600000	true	false	true	true
C	9453814	189076	9264738	true	false	true	true
D	30383328	320328	30053000	true	false	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Bond ReferenceBondReferenceCd	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Remedial Action TakenRemedialActionTaken	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest
A	false	false	false
B	false	false	true	false	false	false	false	0.02650	0.02650	false
C	false	false	false
D	false	false	false

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

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

Field	Value	IRS element (for citing)
Identifier	SCHEDULE K, PART I, COLUMN (F) - "DESCRIPTION OF PURPOSE" FOR BONDS ISSUED	Identifier
Return Reference	0	ReturnReference
Explanation	Part I, Line A The proceeds of the bonds issued on 12/20/2006 were used to advance refund a portion of the Swarthmore College Revenue Bonds, Series of 1998, issued on 7/1/98, to advance refund a portion of the Swarthmore College Revenue Bonds, Series of 2001, issued on 7/25/01, and to fund the costs of issuing the 2006A Bonds. Part I, Line B The proceeds of the bonds issued on 4/30/2008 were used to refund the Swarthmore College Revenue Bonds, Series B of 2006, variable auction rates notes issued on 12/20/06, and to fund the costs of issuing the 2008 Bonds. Part I, Line C The proceeds of the bonds issued on 7/29/2009 were used to refund a portion of the Swarthmore College Revenue Bonds, Series 1998, issued on 7/1/1998, and to fund the costs of issuing the 2009 Bonds. Part I, Line D The proceeds of the bonds issued on 6/29/2011 were used to refund a portion of the Swarthmore College Revenue Bonds, Series 2001, issued on 7/25/2001, and to fund the costs of issuing the 2011 Bonds. Part I, Line E The proceeds of the bonds issued on 12/21/2011 will be used for various tax-exempt capital projects and to fund the cost issung the 2011B Bonds. Part II, Line 13 - Year of substantial completion For the 12/20/2006, 04/30/2008, 07/29/2009 & 06/29/2011 Bonds (Columns A through D), each of these bonds solely refunded prior issues so that year of substantial completion has not been entered. The 12/21/2011 Bonds (Column E) have not yet met the definition of "substantial completion". As a result, no year has been entered. Part IV, Line 2c - Date rebate computation was performed Column A: 10/11/2011 Column B: 02/24/2012 and 11/25/2013 (Final) Column C: 07/28/2010 and 11/25/2013 (Final) Column D: 09/06/2012	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	SWARTHMORE COLLEGE BOROUGH AUTHORITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	232243929	IssuerEIN
CUSIP Number	870000GY6	CUSIPNumber
Date Issued	2011-12-21	DateIssued
Issue Price	17177979	IssuePrice
Description Of Purpose	SEE PART VI	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Amount Retired	0	AmountRetired
Amount Bond Defeased	0	AmountBondDefeased
Total Proceeds	17177979	TotalProceeds
Amount In Reserve Fund	0	AmountInReserveFund
Capitalized Interest	0	CapitalizedInterest
Refunding Escrow	0	RefundingEscrow
Issuance Costs From Proceeds	137349	IssuanceCostsFromProceeds
Credit Enhancement	0	CreditEnhancement
Working Capital Expenditures	0	WorkingCapitalExpenditures
Capital Expenditures	13162201	CapitalExpenditures
Other Spent Proceeds	0	OtherSpentProceeds
Amount Unspent	3878429	AmountUnspent
Current Refunding	false	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	false	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Prcntge Prvt Business Use By Others	0	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.00010	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00010	TotalPrivateBusinessUse
Bond Iss Meet Prvt Security Pay Test	false	BondIssMeetPrvtSecurityPayTest
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedProp
Remedial Action Taken	false	RemedialActionTaken
Non Qualified Bond Remed Procdrs	true	NonQualifiedBondRemedProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiled
Rebate Not Due Yet	true	RebateNotDueYet
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds

Name Of Hedge Provider NameOfHedgeProvider

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1

Name Of GIC Provider NameOfGICProvider

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1

Field	Value	IRS element (for citing)
Written Proc To Monitor Reqs	true	WrittenProcToMonitorReqs

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Proc To Undertk Corrective Action	true	ProcToUndertkCorrectiveAction

Schedule L IRS990ScheduleL

Loan Table LoanTable (2 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement
JAMES L BOCK III
MORTGAGE	X	$340,000	252924	false	true	true
MAURICE G ELDRIDGE
MORTGAGE	X	$197,022	104850	false	true	true

Field	Value	IRS element (for citing)
Total Balance Due	357774	TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	Marshfield Associates	NamePerson

Field	Value	IRS element (for citing)
Relationship	SEE PART V	Relationship
Amount Of Transaction	196253	AmountOfTransaction
Description Of Transaction	INVESTMENT MANAGEMENT FEES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE L, PART IV, LINE 1B	Identifier
Explanation	CHRISTOPHER M. NIEMCZEWSKI AND HIS FAMILY HAVE AN OWNERSHIP INTEREST IN MARSHFIELD ASSOCIATES.	Explanation

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	108	NumberOfContributions
Noncash Contribs Rptd F990	25763374	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	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
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
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

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	EQUIPMENT	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	6650	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	0	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 EXPLANATIONS	Identifier
Explanation	THE COLLEGE MAINTAINS ACCOUNTS AT SEVERAL BROKERAGE FIRMS TO FACILITATE THE SALE OF ANY NON-CASH CONTRIBUTIONS IT MAY RECEIVE. THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS MADE (NOT THE NUMBER OF ITEMS RECEIVED).	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	FORM 990 EXPLANATIONS	Identifier
Return Reference	PART VI, LINE 2	ReturnReference
Explanation	EUGENE M. LANG AND JANE LANG (FAMILY RELATIONSHIP). MARGE PEARLMAN SCHEUER AND ELIZABETH H. SCHEUER (FAMILY RELATIONSHIP). PART VI, LINE 11 & 11A Annually, the 990 is reviewed by the appropriate senior management along with a public accounting firm. It is also provided to the Audit SubCommittee, the Finance Committee, and the Board of Managers for their review prior to its submission. PART VI, LINE 12C Swarthmore College has two conflict of interest policies--one for its Board members and one for employees. Each year all members of the Board receive a survey reminding them of the policy and requesting disclosure of business and charitable affiliations, transactions with the College, and any possible conflicts. Likewise, all supervisory staff of the College receives a survey reminding them of the employee conflict of interest policy and asking them for other business and charitable affiliations, transactions with the College, and any possible conflicts for themselves or any member of the staff reporting to them. The Audit Subcommittee of the Board of Managers receives a summary of all responses and addresses possible conflicts which arise. PART VI, LINE 15B For each compensated officer, director, trustee and key employee, the independent compensation committee of the Board meets to review certain comparative data that is provided by an independent consultant. The compensation committee of the Board then meets with the President regarding the performance of each officer, director, trustee and key employee (excluding the President) and receives recommendations about raises for each of them. The compensation committee of the Board then meets separately to determine the compensation for each officer, director, trustee and key employee. This process is completed annually. For the President, the compensation committee of the Board also meets to review certain comparative data that is provided by an independent consultant. After reviewing said information, the compensation committee of the Board meets to determine the President's compensation. This process is completed annually. PART VI, LINE 19 The College makes its governing documents AND FORM 990 available upon request. THE COLLEGE MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE VIA THE COLLEGE'S WEBSITE. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE VIA THE COLLEGE'S WEBSITE. PART XI, LINE 9 Change in present value of life income funds: 207,000 Adjustment to pledges: (6,421,000) Change in other post retirement benefits: 423,000 TOTAL ______________ (5,791,000)	Explanation

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership	Controlled OrgControlledOrg
MARJAY PRODUCTIONS INC
1007 ORANGE STREET SUITE 1410	WILMINGTON	DE	19801	131952572	LITERARY WORKS	DE	NA	C CORPORATION	197651	45745	1.00000	true
CHARITABLE REMAINDER ANNUITY TRUSTS
					N/A	PA	NA	TRUST
CHARITABLE REMAINDER UNITRUSTS
					N/A	PA	NA	TRUST
NET INC CHARITABLE REMAINDER UNITRUSTs
					N/A	PA	NA	TRUST

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	true	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

Field	Value	IRS element (for citing)
Business Name Line1	MARJAY PRODUCTIONS INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Transaction Type	A	TransactionType
Amount Involved	70000	AmountInvolved
Method Of Amt Determination	PER ESTATE DOC.	MethodOfAmtDetermination