THE TRUSTEES OF GRINNELL COLLEGE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF GRINNELL COLLEGE (EIN 42-0680387)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-03-14
IRS object ID: 201430739349300018
Schema version: 2012v2.1
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 I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-03-14T11:18:07-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	410746749	EIN

Preparer Firm Business Name PreparerFirmBusinessName

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

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 SOUTH SIXTH STREET SUITE 300	AddressLine1
City	MINNEAPOLIS	City
State	MN	State
ZIP Code	55402	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	420680387	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	TRUS	NameControl
Phone	6412699700	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KATE WALKER	Name
Title	TREASURER	Title
Phone	6412699700	Phone
Date Signed	2014-03-05	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	XIAOYAN LUO	Name
PTIN	P01305207	PTIN
Phone	6123764500	Phone

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

Form 990 IRS990

Doing Business As DoingBusinessAs

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

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KATE WALKER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	664549271	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.GRINNELL.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1846	YearFormation
State Legal Domicile	IA	StateLegalDomicile
Activity Or Mission Description	TO EDUCATE STUDENTS IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	25	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	25	NbrIndependentVotingMembers
Total Nbr Employees	2647	TotalNbrEmployees
Total Nbr Volunteers	1065	TotalNbrVolunteers
Total Gross UBI	1483314	TotalGrossUBI
Net Unrelated Business Txbl Income	991277	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	13032507	ContributionsGrantsPriorYear
Contributions Grants Current Year	7847051	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	79768487	ProgramServiceRevenuePriorYear
Program Service Revenue CY	80329788	ProgramServiceRevenueCY
Investment Income Prior Year	53955568	InvestmentIncomePriorYear
Investment Income Current Year	103773679	InvestmentIncomeCurrentYear
Other Revenue Prior Year	3580106	OtherRevenuePriorYear
Other Revenue Current Year	5355353	OtherRevenueCurrentYear
Total Revenue Prior Year	150336668	TotalRevenuePriorYear
Total Revenue Current Year	197305871	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	42605816	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	41824037	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	57445722	SalariesEtcPriorYear
Salaries Etc Current Year	61908190	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	4609877	TotalFundrsngExpCurrentYear
Other Expense Prior Year	39953183	OtherExpensePriorYear
Other Expenses Current Year	42637283	OtherExpensesCurrentYear
Total Expenses Prior Year	140004721	TotalExpensesPriorYear
Total Expenses Current Year	146369510	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	10331947	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	50936361	RevenuesLessExpensesCY
Total Assets BOY	1699622289	TotalAssetsBOY
Total Assets EOY	1863371033	TotalAssetsEOY
Total Liabilities BOY	168740121	TotalLiabilitiesBOY
Total Liabilities EOY	164722637	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1530882168	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1698648396	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	WHEN GRINNELL COLLEGE FRAMED ITS CHARTER IN THE IOWA TERRITORY OF THE UNITED STATES IN 1846, IT SET FORTH A MISSION TO EDUCATE ITS STUDENTS "FOR THE DIFFERENT PROFESSIONS AND FOR THE HONORABLE DISCHARGE OF THE DUTIES OF LIFE."	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	78797081	Expense
Grants	40727645	Grants
Revenue	65542880	Revenue
Description	INSTRUCTIONAL PROGRAMS INCLUDE HUMANITIES, SCIENCES, SOCIAL STUDIES AND SPECIAL PROGRAMS INCLUDING INTERNATIONAL EDUCATION. THE SIX-YEAR GRADUATION RATE IS 88% WITH A 1:9 FACULTY TO STUDENT RATIO. GRINNELL COLLEGE HAS APPROXIMATELY 1600 STUDENTS GENERALLY FROM ALL STATES AND ABOUT 50 OTHER COUNTRIES. AT THE CENTER OF A GRINNELL EDUCATION IS INTENSIVE MENTORING OF STUDENTS BY THE FACULTY. THIS MENTORING BEGINS IN THE FIRST-YEAR TUTORIAL, THE ONLY REQUIRED COURSE AT GRINNELL COLLEGE. WHILE FACULTY MEMBERS FROM ALL ACADEMIC DEPARTMENTS TEACH THE TUTORIAL AND THEIR TOPICS VARY WIDELY, EVERY TUTORIAL EMPHASIZES WRITING, CRITICAL THINKING AND ANALYSIS, ORAL DISCUSSION SKILLS, AND INFORMATION LITERACY. EACH TUTOR ALSO SERVES AS ADVISER TO THE TUTORIAL STUDENTS UNTIL THEY DECLARE A MAJOR FIELD OF STUDY. THUS, STUDENTS RECEIVE GUIDANCE FROM AN INSTRUCTOR WITH PERSONAL KNOWLEDGE OF THEIR ACADEMIC INTERESTS, APTITUDES, AND NEEDS. THE TUTORIAL IS USUALLY LIMITED TO 12 STUDENTS, MAKING IT SMALLER THAN THE AVERAGE CLASS, THOUGH SIMILAR IN INTENSITY TO THE REST OF THE CURRICULUM. IN KEEPING WITH THE MENTORING APPROACH, GRINNELL CLASSES GENERALLY ARE SMALL, WITH AN AVERAGE ENROLLMENT OF 16 AND FEWER THAN 9 PERCENT OF CLASSES ABOVE 30 STUDENTS. MANY ACADEMIC PROGRAMS OFFER A MENTORED ADVANCED PROJECT (MAP), EITHER AS INDEPENDENT STUDY OR IN THE CONTEXT OF A SEMINAR. THE MAP, CLOSELY GUIDED BY A FACULTY DIRECTOR, GIVES UPPER-LEVEL STUDENTS THE OPPORTUNITY TO CULMINATE A SEQUENCE OF ACADEMIC WORK BY COMPLETING AN ADVANCED PROJECT IN RESEARCH OR CREATIVE ARTS.AT ALL LEVELS OF THE CURRICULUM, GRINNELL COLLEGE STUDENTS RECEIVE AN EDUCATION ROOTED IN ACTIVE EXPERIENCE. FOR EXAMPLE, STUDENTS IN SCIENCE CLASSES ENGAGE IN DISCOVERY-BASED LEARNING, EVEN AT THE INTRODUCTORY LEVEL. EACH AREA OF THE FINE ARTS OFFERS OPPORTUNITIES FOR CREATIVE PRACTICE ALONGSIDE THE STUDY OF HISTORY, THEORY, AND FORMAL ANALYSIS. OUTSIDE THE CLASSROOM, THE CAREER DEVELOPMENT OFFICE HAS COORDINATED MORE THAN 500 COLLEGE-FUNDED SUMMER INTERNSHIPS FOR STUDENTS OVER THE PAST FIVE YEARS. ABOUT A THIRD OF STUDENTS PARTICIPATE IN INTERCOLLEGIATE ATHLETICS THROUGH MEMBERSHIP ON VARSITY TEAMS. STUDENT-REGULATED RESIDENCE LIFE, ANOTHER IMPORTANT FEATURE OF A GRINNELL EDUCATION, TEACHES STUDENTS THE PRAGMATIC SOCIAL SKILLS OF SELF-GOVERNANCE AS THEY LIVE TOGETHER IN COMMUNITY. THE COLLEGE OFFERS A CALENDAR PACKED WITH CULTURAL EVENTS AND ACTIVITIES, INCLUDING CONCERTS, LECTURES, THEATRE, FILMS, AND OPPORTUNITIES FOR VOLUNTEER AND CIVIC INVOLVEMENT. GRINNELL HAS NEVER HAD FRATERNITIES OR SORORITIES; SOCIAL EVENTS ARE OPEN TO ALL MEMBERS OF THE COLLEGE.GRINNELL'S EMPHASIS ON ACTIVE LEARNING EXTENDS TO PARTICIPATION IN THE GLOBAL COMMUNITY. WITH INTERNATIONAL STUDENTS MAKING UP MORE THAN 10 PERCENT OF THE STUDENT BODY AND DOMESTIC STUDENTS REPRESENTING EVERY STATE, GRINNELL OFFERS A GEOGRAPHICALLY AND CULTURALLY DIVERSE ENVIRONMENT FOR LIVING AND LEARNING. A FLOURISHING CENTER FOR INTERNATIONAL STUDIES COORDINATES AND HIGHLIGHTS THE MANY COURSES AND PROGRAMS AT GRINNELL COLLEGE WITH A GLOBAL PERSPECTIVE. EVEN WITHOUT A LANGUAGE REQUIREMENT, NEARLY ALL STUDENTS ELECT TO STUDY A FOREIGN LANGUAGE. MORE THAN HALF OF GRINNELL STUDENTS (A NUMBER MATCHED BY VERY FEW OTHER COLLEGES) SPEND A SEMESTER IN OFF-CAMPUS STUDY. NEARLY ALL OF THESE STUDENTS DECIDE TO LIVE AND STUDY OUTSIDE OF THE UNITED STATES.ABOVE ALL, GRINNELL COLLEGE ENTRUSTS STUDENTS WITH AN UNCOMMON LEVEL OF RESPONSIBILITY FOR THEIR OWN COLLEGE EXPERIENCE. JUST AS SELF-GOVERNANCE IS CENTRAL TO RESIDENTIAL LIFE AT THE COLLEGE, THE RESPONSIBILITY OF EACH STUDENT TO CHOOSE A UNIQUE SET OF COURSES IS CENTRAL TO THE WAY GRINNELL ORGANIZES ITS CURRICULUM. STUDENTS EXERCISE THIS RESPONSIBILITY NOT IN ISOLATION, BUT WITH THE ACTIVE GUIDANCE OF THEIR FACULTY ADVISERS AND OTHER FACULTY MENTORS.INTENSIVE TEACHING, ACTIVE LEARNING, RESIDENCE IN A COMMUNITY OF CULTURAL AND GLOBAL DIVERSITY, AND SELF-GOVERNANCE IN BOTH SOCIAL AND ACADEMIC LIFE - THESE ELEMENTS COME TOGETHER AT GRINNELL COLLEGE TO FORM A DISTINCTIVE EXPERIENCE OF LIBERAL EDUCATION.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	20057218	Expense
Grants	376353	Grants
Revenue	402745	Revenue
Description	STUDENT SERVICES INCLUDES REGISTRATION, COUNSELING, ADMISSION AND FINANCIAL AID, HEALTH SERVICES, INTERCOLLEGIATE ATHLETICS, LECTURES, CONVOCATIONS AND OTHER STUDENT PROGRAMS.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	19860098	Expense
Grants	720039	Grants
Revenue	0	Revenue
Description	ACADEMIC AND INSTITUTIONAL SUPPORT INCLUDES LIBRARY, FACULTY DEVELOPMENT, COMPUTER SERVICES, PUBLIC RELATIONS, PRINTING SERVICES, MAIL SERVICES, AND OTHER EXPENDITURES TO SUPPORT THE ACTIVITIES OF THE COLLEGE.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	15470896	Expense
Grants	0	Grants
Revenue	14384163	Revenue
Description	OTHER PROGRAM SERVICES INCLUDE AUXILIARY ENTERPRISES SUCH AS HOUSING AND FOOD SERVICES.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	15470896	TotalOfOtherProgramServiceExp
Total Of Other Program Service Rev	14384163	TotalOfOtherProgramServiceRev
Total Program Service Expense	134185293	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	1	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	1	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	1	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transaction Related Entity	1	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Info In Schedule O Part V	X	InfoInScheduleOPartV
Number Forms Transmitted With1096	2254	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	2647	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	25	NbrVotingGoverningBodyMembers
Number Independent Voting Members	25	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	1	InvestmentInJointVenture
Written Policy Or Procedure	1	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

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

Field	Value	IRS element (for citing)
Telephone Number	6412699700	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (50 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	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
TRISH FITZGIBBONS ANDERSON
TRUSTEE & VICE CHAIR	2.00	0.00	X	X	0	0	0
ROBERT AUSTIN
TRUSTEE	1.00	0.00	X		0	0	0
DAVID BRAMAN
TRUSTEE	1.00	0.00	X		0	0	0
JOHN EGAN
TRUSTEE	1.00	0.00	X		0	0	0
LAURA FERGUSON
TRUSTEE & VICE CHAIR	2.00	0.00	X	X	0	0	0
PATRICIA FINKELMAN
TRUSTEE	2.00	0.00	X		0	0	0
SHELLEY FLOYD
TRUSTEE	1.00	0.00	X		0	0	0
HAROLD FUSON JR
TRUSTEE	1.00	0.00	X		0	0	0
ATUL GUPTA
TRUSTEE	1.00	0.00	X		0	0	0
I CRAIG HENDERSON
TRUSTEE	2.00	0.00	X		0	0	0
STEVE HOLTZE
TRUSTEE	1.00	0.00	X		0	0	0
KIHWAN KIM
TRUSTEE	1.00	0.00	X		0	0	0
CLINTON KORVER
TRUSTEE & CHAIR	2.00	0.00	X	X	0	0	0
SYLVIA KWAN
TRUSTEE	2.00	0.00	X		0	0	0
PAUL MCCULLEY
TRUSTEE	1.00	0.00	X		0	0	0
SUSAN HOLDEN MCCURRY
TRUSTEE	1.00	0.00	X		0	0	0
PAUL RISSER
TRUSTEE & VICE CHAIR	2.00	0.00	X	X	0	0	0
KAREN SHAFF
TRUSTEE	2.00	0.00	X		0	0	0
M ANNE SPENCE
TRUSTEE	2.00	0.00	X		0	0	0
JOEL SPIEGEL
TRUSTEE	1.00	0.00	X		0	0	0
BARRETT THOMAS
TRUSTEE	1.00	0.00	X		0	0	0
MATTHEW WELCH
TRUSTEE	0.00	0.00	X		0	0	0
ERIC WHITAKER
TRUSTEE	1.00	0.00	X		0	0	0
DAVID WHITE
TRUSTEE	1.00	0.00	X		0	0	0
HENRY WINGATE
TRUSTEE	1.00	0.00	X		0	0	0
J ROBERT BARR
LIFE TRUSTEE	1.00	0.00	X		0	0	0
NORDAHL BRUE
LIFE TRUSTEE	1.00	0.00	X		0	0	0
TODD LINDEN
LIFE TRUSTEE	1.00	0.00	X		0	0	0
JAMES LOWRY
LIFE TRUSTEE	1.00	0.00	X		0	0	0
RANDALL MORGAN JR
LIFE TRUSTEE	1.00	0.00	X		0	0	0
ROBERT MUSSER
LIFE TRUSTEE	1.00	0.00	X		0	0	0
JOHN PRICE
LIFE TRUSTEE	2.00	0.00	X		0	0	0
RONALD SANDLER
LIFE TRUSTEE	1.00	0.00	X		0	0	0
DONALD STEWART
LIFE TRUSTEE	1.00	0.00	X		0	0	0
RAYNARD KINGTON
PRESIDENT	60.00	0.00		X	506061	0	83128
DAVID CLAY
CHIEF INVESTMENT OFFICER	60.00	0.00		X	597985	0	41579
KAREN VOSS
TREASURER	60.00	0.00		X	238685	0	41589
SUSAN SCHOEN
SECRETARY	50.00	0.00		X	92799	0	24280
ELIZABETH HALLORAN
VP DEVELOPMENT & ALUMNI RELATIONS	50.00	0.00			276535	0	34040	X
PAULA SMITH
VP ACADEMIC AFFAIRS & DEAN	60.00	0.00			224280	0	42515	X
JOHN KALKBRENNER
VP COLLEGE SERVICES	50.00	0.00			178928	0	72974	X
ANGELA VOOS
VP STRATEGIC PLANNING & CHIEF OF STAFF	50.00	0.00			153302	0	18206	X
JAMES REISCHE
VP COMMUNICATIONS	50.00	0.00			153002	0	34124	X
JOSEPH BAGNOLI
VP ENROLLMENT	50.00	0.00			152710	0	30300	X
SCOTT WILSON
DIRECTOR OF INVESTMENTS	50.00	0.00			255977	0	43595		X
JOHN MUTTI
PROFESSOR OF ECONOMICS	50.00	0.00			200251	0	35493		X
HOUSTON DOUGHARTY
VP STUDENT AFFAIRS	50.00	0.00			149515	0	70510		X
HENRY WALKER
PROFESSOR OF COMPUTER SCIENCE	50.00	0.00			148395	0	29687		X
JAMES MULHOLLAND
DIR. COMPENSATION & ASST TREASURER	50.00	0.00			145858	0	51371		X
JAMES SWARTZ
PROFESSOR OF CHEMISTRY	50.00	0.00			170962	0	32076			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3645245	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	685467	TotalOtherCompensation
Number Individuals GT100 K	53	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SOUTHEASTERN ASSET MANAGEMENT
6410 POPLAR AVENUE	MEMPHIS	TN	38119	INVESTMENT MANAGER	2358931
NEUBERGER BERMAN LLC
605 THIRD AVENUE 36TH FLOOR	NEW YORK	NY	10158	INVESTMENT MANAGER	1441522
THIRD AVENUE MANAGEMENT LLC
622 THIRD AVENUE	NEW YORK	NY	10017	INVESTMENT MANAGER	885819
EAGLE CAPITAL MANAGEMENT LLC
499 PARK AVENUE 17TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	854176
THE NORTHERN TRUST COMPANY
50 S LASALLE STREET	CHICAGO	IL	60603	INVESTMENT CUSTODIAN	487297

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	13	NumberOfContractorsGT100K
Government Grants	879472	GovernmentGrants
All Other Contributions	6967579	AllOtherContributions
Noncash Contributions	466788	NoncashContributions
Total Contributions	7847051	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
TUITION AND FEES	611600	65439201	65439201
AUXILIARY SERVICES	611710	14187916		$14,187,916
FEES, SOURCES AND FINES	611710	402745		$402,745
ALUMNI FEES	611710	196247		$196,247
INDIRECT COST RECOVERY	611710	68805		$68,805

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	34874	TotalRevenueColumn
Related Or Exempt Function Income	34874	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	80329788	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	48518114	TotalRevenueColumn
Unrelated Business Revenue	1483314	UnrelatedBusinessRevenue
Exclusion	$47,034,800	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	17	TotalRevenueColumn
Exclusion	$17	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5366899	TotalRevenueColumn
Exclusion	$5,366,899	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	73254	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	111530	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-38276	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-38276	TotalRevenueColumn
Exclusion	-$38,276	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	522360626	Securities
Other	26792	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	467103437	Securities
Other	28433	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	55257189	Securities
Other	-1641	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	55255548	TotalRevenueColumn
Exclusion	$55,255,548	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER	Description
Business Code	900099	BusinessCode
Total Revenue Column	26730	TotalRevenueColumn
Exclusion	$26,730	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	26730	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	197305871	TotalRevenueColumn
Related Or Exempt Function Income	65474075	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1483314	UnrelatedBusinessRevenue
Exclusion	$122,501,431	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	439470	Total
Program Services	439470	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	35574864	Total
Program Services	35574864	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	5809703	Total
Program Services	5809703	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2394830	Total
Program Services	213129	ProgramServices
Management And General	1475895	ManagementAndGeneral
Fundraising	705806	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	1116089	Total
Program Services	741126	ProgramServices
Management And General	374963	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	41029115	Total
Program Services	37790136	ProgramServices
Management And General	1713615	ManagementAndGeneral
Fundraising	1525364	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	3548410	Total
Program Services	3251338	ProgramServices
Management And General	157196	ManagementAndGeneral
Fundraising	139876	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	10799709	Total
Program Services	9754215	ProgramServices
Management And General	606458	ManagementAndGeneral
Fundraising	439036	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3020037	Total
Program Services	2683920	ProgramServices
Management And General	204434	ManagementAndGeneral
Fundraising	131683	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	276463	Total
Program Services	18733	ProgramServices
Management And General	257730	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	162489	Total
Management And General	162489	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	100268	Total
Management And General	100268	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3570214	Total
Program Services	2643069	ProgramServices
Management And General	581363	ManagementAndGeneral
Fundraising	345782	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	324882	Total
Program Services	157629	ProgramServices
Management And General	167023	ManagementAndGeneral
Fundraising	230	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	6579068	Total
Program Services	5962298	ProgramServices
Management And General	150800	ManagementAndGeneral
Fundraising	465970	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1549343	Total
Program Services	1243607	ProgramServices
Management And General	277734	ManagementAndGeneral
Fundraising	28002	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	22324	Total
Program Services	22324	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	5017306	Total
Program Services	4940137	ProgramServices
Management And General	56280	ManagementAndGeneral
Fundraising	20889	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2714437	Total
Program Services	2028536	ProgramServices
Management And General	277187	ManagementAndGeneral
Fundraising	408714	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1004263	Total
Program Services	540930	ProgramServices
Management And General	224717	ManagementAndGeneral
Fundraising	238616	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1279234	Total
Program Services	1279234	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	11669756	Total
Program Services	11263016	ProgramServices
Management And General	296506	ManagementAndGeneral
Fundraising	110234	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	408322	Total
Program Services	408322	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
OFF-CAMPUS PROGRAM COST	2826419	2826419
DINING PROGRAM COST	2707918	2707918
UBI TAX	368249		368249
SPECIAL PROGRAMS	304052	259019	42737	2296

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1752276	Total
Program Services	1626201	ProgramServices
Management And General	78696	ManagementAndGeneral
Fundraising	47379	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	146369510	Total
Program Services	134185293	ProgramServices
Management And General	7574340	ManagementAndGeneral
Fundraising	4609877	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1290149	BOY
EOY	1798772	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	723352	BOY
EOY	709001	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4246	BOY
EOY	14295	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1063851	BOY
EOY	1102960	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2877346	BOY
EOY	2684432	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	407402656	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	161382106	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	254940368	BOY
EOY	246020550	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	784549069	BOY
EOY	924001111	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	646256627	BOY
EOY	679304206	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	7917281	BOY
EOY	7735706	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1699622289	BOY
EOY	1863371033	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	36081732	BOY
EOY	38754625	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1288083	BOY
EOY	1214369	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	117158548	BOY
EOY	110280277	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	4482933	BOY
EOY	4674481	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	9728825	BOY
EOY	9798885	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	168740121	BOY
EOY	164722637	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1095545963	BOY
EOY	1208165453	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	336802609	BOY
EOY	389203891	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	98533596	BOY
EOY	101279052	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1530882168	BOY
EOY	1698648396	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1699622289	BOY
EOY	1863371033	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	50936361	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	116256244	ReconciliationUnrealizedInvest
Reconcilation Other Changes	573623	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

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

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	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	37150	RevenuesIncluded
Assets In Part X	5554593	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	0	SolicitedAssetsForSale
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS
Explanation In Part XIII	X	ExplanationInPartXIII

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1383856130	BeginningOfYearBalance
Contributions	1871612	Contributions
Investment Earnings Or Losses	222301557	InvestmentEarningsOrLosses
Grants Or Scholarships	16893207	GrantsOrScholarships
Other Expenditures	37506793	OtherExpenditures
End Of Year Balance	1553629299	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1500219483	BeginningOfYearBalance
Contributions	6271106	Contributions
Investment Earnings Or Losses	-69353459	InvestmentEarningsOrLosses
Grants Or Scholarships	17424397	GrantsOrScholarships
Other Expenditures	35856603	OtherExpenditures
End Of Year Balance	1383856130	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1260593189	BeginningOfYearBalance
Contributions	4248722	Contributions
Investment Earnings Or Losses	284843964	InvestmentEarningsOrLosses
Grants Or Scholarships	15701985	GrantsOrScholarships
Other Expenditures	33764407	OtherExpenditures
End Of Year Balance	1500219483	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1137472042	BeginningOfYearBalance
Contributions	14749865	Contributions
Investment Earnings Or Losses	149816994	InvestmentEarningsOrLosses
Grants Or Scholarships	12540202	GrantsOrScholarships
Other Expenditures	28905510	OtherExpenditures
End Of Year Balance	1260593189	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1533658110	BeginningOfYearBalance
Contributions	2956329	Contributions
Investment Earnings Or Losses	-353011631	InvestmentEarningsOrLosses
Grants Or Scholarships	12468036	GrantsOrScholarships
Other Expenditures	33662730	OtherExpenditures
End Of Year Balance	1137472042	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.69000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.31000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	175100	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2776259	OtherCostOrOtherBasis
Book Value	2951359	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	525000	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	326408019	OtherCostOrOtherBasis
Depreciation	102777593	Depreciation
Book Value	224155426	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	68197084	OtherCostOrOtherBasis
Depreciation	53212538	Depreciation
Book Value	14984546	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	53939	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	9267255	OtherCostOrOtherBasis
Depreciation	5391975	Depreciation
Book Value	3929219	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	246020550	TotalOfBookValueLandBuildings

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	8522275	BookValue
Method Of Valuation	F	MethodOfValuation

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
MARKETABLE ALTERNATIVES	249727331	F
NON-MARKETABLE ALTERNATIVES	420146523	F
OTHER	908077	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	679304206	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	ANNUITIES PAYABLE	Description
Amount	$9,798,885	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	9798885	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	272782505	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	116256244	NetUnrealizedGainsInvestments
Other Revenues	133556	OtherRevenues
Revenue Not Rptd F990	116389800	RevenueNotRptdF990
Revenue Subtotal	156392705	RevenueSubtotal
Other Revenues Not Included	40913166	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	40913166	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	197305871	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	105016277	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	113171	OtherExpensesIncluded
Expenses Not Rptd F990	113171	ExpensesNotRptdF990
Expenses Subtotal	104903106	ExpensesSubtotal
Other Expenses Not Included	41466404	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	41466404	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	146369510	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (8 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART III, LINE 4:	THE FAULCONER GALLERY AND ITS ART COLLECTION PROMOTE LEARNING THROUGH ARTISTIC EXCELLENCE AND CREATIVE COLLABORATION. GOALS OF THE GALLERY INCLUDE DEVELOPING COLLECTIONS THAT DIRECTLY SUPPORT EXHIBITIONS, TEACHING, AND RESEARCH AND TO PROVIDE A VARIETY OF LEARNING OPPORTUNITIES WITH ART AS THE PRIMARY SOURCE USING THE COLLECTION AS A DYNAMIC PART OF THE LEARNING PROCESS AND ACROSS THE CURRICULUM, FACILITATING THE INTEGRATION OF THE GALLERY AND ITS RESOURCES IN THE CLASSROOM AND IN RESEARCH.
PART IV, LINE 2B:	GRINNELL COLLEGE CLASSIFIES ON FORM 990, PART X, LINE 21, AMOUNTS HELD FOR PERKINS LOANS PAYABLE, FUNDS HELD IN TRUST FOR OTHERS RELATED TO ANNUITIES AND STUDENT GROUP/OTHER GROUP AGENCY ACCOUNTS.
PART V, LINE 4:	THE INTENDED USE OF THE GRINNELL COLLEGE ENDOWMENT IS TO PROVIDE PREDICTABLE AND STABLE SUPPORT FOR THE COLLEGE'S MISSION AS A FINE LIBERAL ARTS COLLEGE.	DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X, LINE 2:	THE COLLEGE HAS RECEIVED A TAX DETERMINATION LETTER FROM THE IRS STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE COLLEGE IS TAXED ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER SECTION 511 OF THE CODE. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	CHANGE IN VALUE OF LIFE INSURANCE 20,385. RENTAL EXPENSES 111,530. LOSS ON DISPOSAL OF FIXED ASSETS 1,641.	PART XI, LINE 2D - OTHER ADJUSTMENTS:
	GRANTS AND SCHOLARSHIPS 40,348,670. ALUMNI FEES 196,247. UNRELATED BUSINESS INCOME TAX 368,249.	PART XI, LINE 4B - OTHER ADJUSTMENTS:
	RENTAL EXPENSES 111,530. LOSS ON DISPOSAL OF FIXED ASSETS 1,641.	PART XII, LINE 2D - OTHER ADJUSTMENTS:
	GRANTS AND SCHOLARSHIPS 40,348,670. ALUMNI FEES 196,247. UNRELATED BUSINESS INCOME TAX 368,249. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION 1,595,720. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,042,482.	PART XII, LINE 4B - OTHER ADJUSTMENTS:

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION	SCHEDULE E, PART I, LINE 3	GRINNELL COLLEGE DRAWS STUDENTS FROM AROUND THE WORLD AND THROUGHOUT THE U.S. AND ACTIVELY SEEKS TO ENROLL A DIVERSE STUDENT BODY. DOMESTIC STUDENTS OF COLOR CURRENTLY MAKE UP 22% OF THE STUDENT BODY; INTERNATIONAL STUDENTS 13%. THE COLLEGE'S NONDISCRIMINATIONS STATEMENTS ARE INCLUDED IN THE ACADEMIC COURSE CATALOG, AVAILABLE IN PRINT AS WELL AS ON THE COLLEGE'S WEBSITE (WWW.GRINNELL.EDU).
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE	SCHEDULE E, PART I, LINE 6	FINANCIAL AID IS RECEIVED FOR PELL GRANTS, SEOG, PERKINS LOANS, WORK STUDY AND OTHER GRANTS FOR STUDENTS. THE COLLEGE ALSO RECEIVES FUNDS FOR NSF GRANTS.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	1	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (27 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures	Specific Services ProvidedSpecificServicesProvided
CENTRAL AMERICA AND THE CARIBBEAN	0	0	GRANTS	445952
EAST ASIA AND THE PACIFIC	0	0	GRANTS	1459355
EUROPE (INCLUDING ICELAND & GREENLAND)	0	0	GRANTS	1292541
MIDDLE EAST AND NORTH AFRICA	0	0	GRANTS	363522
NORTH AMERICA	0	0	GRANTS	194696
RUSSIA & THE NEWLY INDEPENDENT STATES	0	0	GRANTS	124866
SOUTH AMERICA	0	0	GRANTS	260164
SOUTH ASIA	0	0	GRANTS	748167
SUB-SAHARAN AFRICA	0	0	GRANTS	920440
CENTRAL AMERICA AND THE CARIBBEAN	0	0	PROGRAM SERVICES	28942	ACADEMIC/EDUCATION
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	136442	ACADEMIC/EDUCATION
EUROPE (INCLUDING ICELAND & GREENLAND)	1	9	PROGRAM SERVICES	534633	ACADEMIC/EDUCATION
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	9653	ACADEMIC/EDUCATION
NORTH AMERICA	0	0	PROGRAM SERVICES	15441	ACADEMIC/EDUCATION
RUSSIA & THE NEWLY INDEPENDENT STATES	0	0	PROGRAM SERVICES	11540	ACADEMIC/EDUCATION
SOUTH AMERICA	0	0	PROGRAM SERVICES	6375	ACADEMIC/EDUCATION
SOUTH ASIA	0	0	PROGRAM SERVICES	22793	ACADEMIC/EDUCATION
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	83275	ACADEMIC/EDUCATION
CENTRAL AMERICA AND THE CARIBBEAN	0	0	INVESTMENTS (BOOK VALUE)	273023844
EAST ASIA AND THE PACIFIC	0	0	INVESTMENTS (BOOK VALUE)	35415695
EUROPE (INCLUDING ICELAND & GREENLAND)	0	0	INVESTMENTS (BOOK VALUE)	127447367
NORTH AMERICA	0	0	INVESTMENTS (BOOK VALUE)	17164451
SOUTH AMERICA	0	0	INVESTMENTS (BOOK VALUE)	14219594
CENTRAL AMERICA AND THE CARIBBEAN	0	0	INVESTMENTS (EXPENDITURES)	63100980
EAST ASIA AND THE PACIFIC	0	0	INVESTMENTS (EXPENDITURES)	14207704
EUROPE (INCLUDING ICELAND & GREENLAND)	0	0	INVESTMENTS (EXPENDITURES)	31480302
NORTH AMERICA	0	0	INVESTMENTS (EXPENDITURES)	1900157

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	1	ContNumberOfOffices
Cont Number Of Employees	9	ContNumberOfEmployees
Total Number Of Offices	1	TotalNumberOfOffices
Total Number Of Employees	9	TotalNumberOfEmployees
Subtotal Amount Spent	4889263	SubtotalAmountSpent
Cont Amount Spent	579729628	ContAmountSpent
Total Amount Spent	584618891	TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (31 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Method Of ValuationMethodOfValuation
SCHOLARSHIP	CENTRAL AMERICA AND THE CARIBBEAN	14	429902	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	EAST ASIA AND THE PACIFIC	57	1407925	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	EUROPE (INCLUDING ICELAND & GREENLAND)	30	1255911	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	MIDDLE EAST AND NORTH AFRICA	9	353225	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	NORTH AMERICA	7	186934	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	RUSSIA & THE NEWLY INDEPENDENT STATES	3	123096	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	SOUTH AMERICA	9	254814	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	SOUTH ASIA	24	735348	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIP	SUB-SAHARAN AFRICA	21	900215	CREDIT TO STUDENT ACCOUNT	N/A	N/A
PRIZES	EAST ASIA AND THE PACIFIC	4	3500	CHECK	N/A	N/A
PRIZES	MIDDLE EAST AND NORTH AFRICA	1	61	CHECK	N/A	N/A
PRIZES	NORTH AMERICA	1	700	CHECK	N/A	N/A
PRIZES	SOUTH ASIA	2	111	CHECK	N/A	N/A
PRIZES	SUB-SAHARAN AFRICA	1	350	CHECK	N/A	N/A
FELLOWSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	3	7000	CHECK	N/A	N/A
FELLOWSHIPS	EAST ASIA AND THE PACIFIC	9	20300	CHECK	N/A	N/A
FELLOWSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	12	20400	CHECK	N/A	N/A
FELLOWSHIPS	MIDDLE EAST AND NORTH AFRICA	1	2800	CHECK	N/A	N/A
FELLOWSHIPS	NORTH AMERICA	2	3400	CHECK	N/A	N/A
FELLOWSHIPS	SOUTH AMERICA	2	3350	CHECK	N/A	N/A
FELLOWSHIPS	SOUTH ASIA	3	5100	CHECK	N/A	N/A
FELLOWSHIPS	SUB-SAHARAN AFRICA	4	11995	CHECK	N/A	N/A
INTERNSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	3	9050	CHECK	N/A	N/A
INTERNSHIPS	EAST ASIA AND THE PACIFIC	12	27630	CHECK	N/A	N/A
INTERNSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	6	16230	CHECK	N/A	N/A
INTERNSHIPS	MIDDLE EAST AND NORTH AFRICA	2	7436	CHECK	N/A	N/A
INTERNSHIPS	NORTH AMERICA	1	3662	CHECK	N/A	N/A
INTERNSHIPS	RUSSIA & THE NEWLY INDEPENDENT STATES	2	1770	CHECK	N/A	N/A
INTERNSHIPS	SOUTH AMERICA	1	2000	CHECK	N/A	N/A
INTERNSHIPS	SOUTH ASIA	3	7608	CHECK	N/A	N/A
INTERNSHIPS	SUB-SAHARAN AFRICA	2	7880	CHECK	N/A	N/A

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	1	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	1	OwnForeignCorp
Passive Foreign Invest Co	1	PassiveForeignInvestCo
Foreign Partnership	1	ForeignPartnership
Boycott Countries	0	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:	Identifier
Explanation	SCHEDULE F, PART I, LINE 2: SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM, AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (9 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Purpose Of GrantPurposeOfGrant
GRINNELL REGIONAL MEDICAL CENTER
210 4TH AVENUE	GRINNELL	IA	50112	420933383	501(C)(3)	153200	0	N/A	N/A	GENERAL SUPPORT
SUSTAINABLE HEALTH ENTERPRISES
175 VARICK STREET	NEW YORK CITY	NY	10014	300502122	501(C)(3)	100000	0	N/A	N/A	GENERAL SUPPORT
ASYLUM ACCESS
1611 TELEGRAPH AVENUE	OAKLAND	CA	94612	203642040	501(C)(3)	100000	0	N/A	N/A	GENERAL SUPPORT
GRINNELL AREA CHAMBER OF COMMERCE
833 4TH AVENUE	GRINNELL	IA	50112	420286455	501(C)(6)	15100	0	N/A	N/A	GROWTH COLLABORATIVE AND GENERAL SUPPORT
GRINNELL AREA ARTS COUNCIL
926 BROAD STREET	GRINNELL	IA	50112	421130693	501(C)(3)	9708	0	N/A	N/A	GENERAL SUPPORT AND CAPITAL
GREATER POWESHIEK COMMUNITY FOUNDATION
1510 PENROSE STREET	GRINNELL	IA	50112	421298055	501(C)(3)	6871	0	N/A	N/A	GENERAL SUPPORT
GRINNELL COMMUNITY DAYCARE & PRESCHOOL
1436 PENROSE STREET	GRINNELL	IA	50112	420947994	501(C)(3)	6600	0	N/A	N/A	GENERAL SUPPORT AND SUMMER CAMP
HEART OF IOWA BIG BROTHERS
811 E MAIN STREET	MARSHALLTOWN	IA	50158	237288089	501(C)(3)	5712	0	N/A	N/A	GENERAL SUPPORT
GRINNELL-NEWBURG COMMUNITY SCHOOL DISTRICT
927 4TH AVENUE	GRINNELL	IA	50112	426036570	GOVT ENTITY	5002	0	N/A	N/A	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	8	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	1	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance
SCHOLARSHIPS	1257	34628170	N/A	N/A
PRIZES	118	69037	N/A	N/A
FELLOWSHIPS	335	589412	N/A	N/A
INTERNSHIPS	93	238245	N/A	N/A
AWARDS	2	50000	N/A	N/A

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING. THE COLLEGE AWARDS GRANTS TO LOCAL ORGANIZATIONS WHICH ARE ADMINISTERED THROUGH THE OFFICE OF COMMUNITY ENHANCEMENT AND ENGAGEMENT. APPLICATIONS ARE REVIEWED BY A COMMITTEE OF FACULTY, STAFF AND GRINNELL COLLEGE STUDENTS FROM THE LOCAL AREA. ALL FINANCIAL CONTRIBUTIONS FOCUS ON THE STRATEGIC PRIORITIES OF STRENGTHENING CULTURAL, RECREATIONAL, AND EDUCATIONAL OPPORTUNITIES IN THE LOCAL AREA AS WELL AS INITIATIVES THAT ENHANCE THE SAFETY, BEAUTY, AND ECONOMIC VITALITY OF OUR SURROUNDINGS. GRINNELL COLLEGE HAS ASSEMBLED A DIVERSE SELECTION COMMITTEE TO EVALUATE NOMINEES FOR THE GRINNELL COLLEGE YOUNG INNOVATOR FOR SOCIAL JUSTICE PRIZE. APPOINTED BY THE COLLEGE PRESIDENT, THE SELECTION COMMITTEE MEMBERS ARE ALL RECOGNIZED INDIVIDUALS WHO WORK FOR SOCIAL CHANGE IN VARIOUS CAPACITIES. THEIR BACKGROUNDS, ACCOMPLISHMENTS, AND EXPERIENCES REFLECT THE DIVERSITY IN BOTH GRINNELL AND THE STATE. THESE MEMBERS INCLUDE ONE REPRESENTATIVE EACH FROM THE COLLEGE FACULTY, STUDENT BODY, ALUMNI, STAFF AND TRUSTEES, PLUS PROMINENT INDIVIDUALS NOT FORMALLY AFFILIATED WITH GRINNELL COLLEGE.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	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	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (15 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
RAYNARD KINGTON
PRESIDENT	462565	0	0	0	43496	0	25000	0	58128	0	589189	0	0	0
DAVID CLAY
CHIEF INVESTMENT OFFICER	567772	0	0	0	30213	0	25000	0	16579	0	639564	0	0	0
KAREN VOSS
TREASURER	236434	0	0	0	2251	0	24216	0	17373	0	280274	0	0	0
ELIZABETH HALLORAN
VP DEVELOPMENT & ALUMNI RELATIONS	268775	0	0	0	7760	0	25000	0	9040	0	310575	0	0	0
PAULA SMITH
VP ACADEMIC AFFAIRS & DEAN	221500	0	0	0	2780	0	22150	0	20365	0	266795	0	0	0
JOHN KALKBRENNER
VP COLLEGE SERVICES	178308	0	0	0	620	0	18300	0	54674	0	251902	0	0	0
ANGELA VOOS
VP STRATEGIC PLANNING & CHIEF OF STA	150678	0	0	0	2624	0	15250	0	2956	0	171508	0	0	0
JAMES REISCHE
VP COMMUNICATIONS	146819	0	0	0	6183	0	15150	0	18974	0	187126	0	0	0
JOSEPH BAGNOLI
VP ENROLLMENT	144819	0	4000	0	3891	0	15279	0	15021	0	183010	0	0	0
SCOTT WILSON
DIRECTOR OF INVESTMENTS	255642	0	0	0	335	0	25000	0	18595	0	299572	0	0	0
JOHN MUTTI
PROFESSOR OF ECONOMICS	196428	0	0	0	3823	0	20037	0	15456	0	235744	0	0	0
HOUSTON DOUGHARTY
VP STUDENT AFFAIRS	148958	0	0	0	557	0	15525	0	54985	0	220025	0	0	0
HENRY WALKER
PROFESSOR OF COMPUTER SCIENCE	145735	0	0	0	2660	0	14936	0	14751	0	178082	0	0	0
JAMES MULHOLLAND
DIR. COMPENSATION & ASST TREASURER	143520	0	0	0	2338	0	14352	0	37019	0	197229	0	0	0
JAMES SWARTZ
PROFESSOR OF CHEMISTRY	169517	0	0	0	1445	0	17320	0	14756	0	203038	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 1A	ReturnReference
Explanation	THE PRESIDENT'S SPOUSE HAS OCCASIONALLY TRAVELED WITH THE PRESIDENT TO PERFORM COLLEGE BUSINESS. THIS IS NOT TREATED AS A TAXABLE BENEFIT TO THE PRESIDENT. THE PRESIDENT IS REQUIRED TO LIVE IN COLLEGE OWNED HOUSING. THE COLLEGE EMPLOYS A HOUSEKEEPER FOR THIS HOUSING. THE HOUSING BENEFIT IS NOT TAXABLE PURSUANT TO IRC SECTION 119 AS IT IS A CONDITION OF THE PRESIDENT'S EMPLOYMENT AT THE COLLEGE. THE COLLEGE HAS PURCHASED A MEMBERSHIP TO THE LOCAL COUNTRY CLUB, WHICH IS A TAXABLE BENEFIT TO THE PRESIDENT.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
IOWA HIGHER EDUCATION LOAN AUTHORITY
A	421235696	462460E69	2008-06-26	60000000	SEE PART VI	0	0	0
IOWA HIGHER EDUCATION LOAN AUTHORITY
B	421235696	462460H74	2010-03-09	65994798	SEE PART VI	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceeds	Capitalized InterestCapitalizedInterest	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Amount RetiredAmountRetired	Other Spent ProceedsOtherSpentProceeds	Amount UnspentAmountUnspent
A	61414112	935956	378597	60099559	2010	0	0	1	1
B	66325255	554622	404597	13371706	2012	0	1	0	1	11800000	51433447	560883

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	1
B	0	0	0	0	0.00420	0.00000	0.00420	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 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	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
A	0	0	1	1	1	0	0	0	1
B	0	0	1	1	0	0	0	0	1

Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	1
B	1

Form990 Schedule K Part VI Form990ScheduleKPartVI (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SCHEDULE K PART IV, ARBITRAGE, LINE 2C	DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/26/2010 ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/09/2012
SCHEDULE K, PART I, COLUMN F:	DESCRIPTION OF PURPOSE	FACILITIES CONSTRUCTION AND IMPROVEMENTS
SCHEDULE K, PART I, COLUMN F:	DESCRIPTION OF PURPOSE	REFUND 12-13-01 $50,000,000 BOND ISSUE AND FACILITIES
SCHEDULE K, PART II, LINE 3:		THE DIFFERENCE FROM PART I (E) IS DUE TO INVESTMENT EARNINGS.

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)

Amount Of GrantAmountOfGrant	Type Of AssistanceTypeOfAssistance	Purpose Of AssistancePurposeOfAssistance
SCHOLARSHIPGRANT
66665	CREDIT TO STUDENT ACCOUNT	SCHOLARSHIP
INTERNSHIP
4125	CHECK	INTERNSHIP STIPEND

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
PAUL TJOSSEM
FAMILY MEMBER	116172	WAGES & BENEFITS	0
JOHN ROMMEREIM
FAMILY MEMBER	124464	WAGES & BENEFITS	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	7	NumberOfContributions
Noncash Contribs Rptd F990	37150	NoncashContribsRptdF990
Method Of Determining Revenues	ART INSURANCE VALUE	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	44	NumberOfContributions
Noncash Contribs Rptd F990	384638	NoncashContribsRptdF990
Method Of Determining Revenues	NYSE AVERAGE HIGH/LOW	MethodOfDeterminingRevenues

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	45000	NoncashContribsRptdF990
Method Of Determining Revenues	ESTIMATED VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	3	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS:	Identifier
Return Reference	PART I, COLUMN (B):	ReturnReference
Explanation	REPRESENTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 31: GIFTS THAT FIT THE DEFINITION OF NON-STANDARD ARE NOT ACCEPTED BY THE COLLEGE.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (12 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART I, LINE 6: EXPLANATION OF VOLUNTEERS	VOLUNTEERS INCLUDE INDIVIDUALS WHO ASSIST ADMISSIONS, CENTER FOR CAREERS, LIFE AND SERVICE, ALUMNI COUNCIL AND OTHER COMMUNITY VOLUNTEERS.
FORM 990, PART III, LINE 1: ORGANIZATION'S MISSION STATEMENT	WHEN GRINNELL COLLEGE FRAMED ITS CHARTER IN THE IOWA TERRITORY OF THE UNITED STATES IN 1846, IT SET FORTH A MISSION TO EDUCATE ITS STUDENTS "FOR THE DIFFERENT PROFESSIONS AND FOR THE HONORABLE DISCHARGE OF THE DUTIES OF LIFE." THE COLLEGE PURSUES THAT MISSION BY PROVIDING AN EDUCATION IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS. AS A TEACHING AND LEARNING COMMUNITY, THE COLLEGE HOLDS THAT KNOWLEDGE IS A GOOD TO BE PURSUED BOTH FOR ITS OWN SAKE AND FOR THE INTELLECTUAL, MORAL, AND PHYSICAL WELL-BEING OF INDIVIDUALS AND OF SOCIETY AT LARGE. THE COLLEGE EXISTS TO PROVIDE A LIVELY ACADEMIC COMMUNITY OF STUDENTS AND TEACHERS OF HIGH SCHOLARLY QUALIFICATIONS FROM DIVERSE SOCIAL AND CULTURAL CIRCUMSTANCES. THE COLLEGE AIMS TO GRADUATE INDIVIDUALS WHO CAN THINK CLEARLY, WHO CAN SPEAK AND WRITE PERSUASIVELY AND EVEN ELOQUENTLY, WHO CAN EVALUATE CRITICALLY BOTH THEIR OWN AND OTHERS' IDEAS, WHO CAN ACQUIRE NEW KNOWLEDGE, AND WHO ARE PREPARED IN LIFE AND WORK TO USE THEIR KNOWLEDGE AND THEIR ABILITIES TO SERVE THE COMMON GOOD.	ORGANIZATION MISSION STATEMENT
FORM 990, PART V, LINE 1A:	THE COLLEGE FILED 398 1099'S AND 1856 1098-T'S FOR A TOTAL OF 2,254.	NUMBER REPORTED IN BOX 3 OF FORM 1096
FORM 990, PART VI, SECTION A, LINE 1	A LIFE TRUSTEE WILL BE PERMITTED TO VOTE ON MATTERS COMING BEFORE A BOARD MEETING ONLY IF THE LIFE TRUSTEE SHALL HAVE ATTENDED AT LEAST TWO OF THE IMMEDIATELY PRECEDING THREE REGULAR MEETINGS OF THE BOARD. NO LIFE TRUSTEE SHALL HAVE THE RIGHT TO VOTE ON PROPOSED AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BY-LAWS. THE BOARD MAY FROM TIME TO TIME, DESIGNATE ANY REGULAR MEMBER WHO HAS SERVED AS SUCH FOR AT LEAST 12 YEARS A LIFE TRUSTEE. LIFE TRUSTEES WITH NO VOTING RIGHTS DURING 2013 AND THEREFORE NOT LISTED IN PART VII ARE ELIZABETH BALLANTINE, RICHARD W. BOOTH, CAROLYN SWARTZ BUCKSBAUM, ROBERT A. BURNETT, THOMAS CECH, VERNON E. FAULCONER, RONALD T. GAULT, CAROLINE LITTLE, FRED LITTLE, GREG NARBER, PATRICIA MEYER PAPPER, PENNY BENDER SEBRING AND JESSE L. TERNBERG.
FORM 990, PART VI, SECTION A, LINE 1	THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE OF THE BOARD WILL CONSIST OF THE CHAIR OF THE BOARD, THE VICE-CHAIRS OF THE BOARD, AND THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD, OR, IN THEIR ABSENCE, A DESIGNEE. THE CHAIR OF THE BOARD SHALL ACT AS CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE THE FOLLOWING DUTIES AND POWERS: A. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, TO HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE COLLEGE; PROVIDED THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO AMEND, ALTER OR REPEAL THE BY-LAWS, AMEND THE ARTICLES OF INCORPORATION, APPROVE THE DISSOLUTION OR MERGER OF THE COLLEGE, THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE COLLEGE'S ASSETS, ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OF TRUSTEES OR ANY OF THE COMMITTEES, AUTHORIZE DISTRIBUTIONS, OR AMEND, ALTER OR REPEAL ANY RESOLUTION OF THE BOARD; AND FURTHER PROVIDED, THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO BORROW MONEY WITHOUT THE AFFIRMATIVE VOTE OF A MAJORITY OF ITS MEMBERS. B. IN EMERGENCIES TO MAKE TEMPORARY PROVISION UNTIL THE NEXT MEETING OF THE BOARD FOR THE DISCHARGE OF DUTIES PERFORMED BY THE OFFICERS OF THE COLLEGE. C. TO ADMINISTER, AND PERFORM THE DUTIES PRESCRIBED UNDER, THE CONFLICT OF INTEREST POLICY. D. TO CONVENE AT THE CALL OF THE CHAIR OF THE BOARD OR THE PRESIDENT OF THE COLLEGE AT ANY TIME DURING THE YEAR TO TRANSACT BUSINESS AT TIMES AND PLACES CONVENIENT TO THE MAJORITY OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 2	FRED LITTLE AND CAROLINE LITTLE - FAMILY RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11	THE COMPLETE FORM 990 WAS MADE AVAILABLE FOR REVIEW TO ALL TRUSTEES, THE PRESIDENT AND TREASURER PRIOR TO THE FEBRUARY 2014 TRUSTEE MEETING. THE FORM 990 WAS PRESENTED TO AND REVIEWED IN DETAIL BY THE AUDIT AND ASSESSMENT COMMITTEE AT THE MEETING AND PRESENTED FOR APPROVAL TO THE FULL BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	OFFICERS AND TRUSTEES ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST UNDER THE POLICIES OF THE TRUSTEES OF GRINNELL COLLEGE. ANY CONFLICTS MUST BE DISCLOSED IN WRITING BEFORE ENTERING INTO THE TRANSACTION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A TRANSACTION MAY NOT BE ENTERED INTO UNTIL APPROVED BY A VOTE OF AT LEAST TWO-THIRDS BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITEE SHALL REPORT TO THE BOARD OF TRUSTEES ON ALL CONFLICT OF INTEREST TRANSACTIONS CONSIDERED BY IT AT EACH MEETING OF THE BOARD AND, IF REQUESTED BY THE EXECUTIVE COMMITTEE, THE BOARD SHALL CONSIDER WHETHER TO RATIFY THE ACTIONS OF THE EXECUTIVE COMMITTEE WITH RESPECT TO ANY SUCH CONFLICT OF INTEREST TRANSACTION. A CONFLICT OF INTEREST TRANSACTION MAY ONLY BE RATIFIED BY THE AFFIRMATIVE VOTE BY AT LEAST TWO-THIRDS OF THE TRUSTEES PRESENT AND VOTING AT A MEETING OF THE BOARD DULY CALLED AND HELD AFTER THE EXECUTIVE COMMITTEE HAS RECEIVED THE DISCLOSURE. EACH CURRENT MEMBER OF THE BOARD OF TRUSTEES AND EACH OFFICER SHALL FILE A STATEMENT IN JULY OF EACH YEAR WITH THE TREASURER CERTIFYING THAT HE OR SHE HAS READ, AND IS FAMILIAR WITH THE TERMS OF, THIS CONFLICT OF INTEREST POLICY, AND EITHER (A) SETTING FORTH AND DESCRIBING ANY POSSIBLE CONFLICTS OF INTEREST WHICH MAY HAVE ARISEN OR OCCURRED IN THE FISCAL YEAR OF THE COLLEGE ENDING JUNE 30, OR WHICH MAY BE EXPECTED TO ARISE OR OCCUR DURING THE FISCAL YEAR BEGINNING JULY 1, OR (B) THAT HE OR SHE KNOWS OF NO SUCH POSSIBLE CONFLICT OF INTEREST. KEY EMPLOYEES MUST ANNUALLY COMPLETE THE CAMPUS CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IS REVIEWED BY A COMMITTEE CONSISTING OF MEMBERS FROM THE HUMAN RESOURCES, TREASURER AND DEAN'S OFFICES, RESPECTIVELY.
FORM 990, PART VI, SECTION B, LINE 15	THE COLLEGE HAS A DISQUALIFIED EMPLOYEE COMPENSATION REVIEW POLICY. THE DETERMINATION OF WHO IS CLASSIFIED AS A DISQUALIFIED EMPLOYEE AT GRINNELL COLLEGE IS DETERMINED BY THE LEVEL OF EACH INDIVIDUAL'S INVOLVEMENT IN THE MANAGEMENT AND/OR CONTROL OF CERTAIN FINANCIAL ASPECTS OF THE COLLEGE. GRINNELL COLLEGE WILL ACQUIRE AND USE SUFFICIENT DATA REGARDING COMPARABLE COMPENSATION PACKAGES TO ASSIST IN ESTABLISHING THE COMPENSATION OF DISQUALIFIED EMPLOYEES. THE PROPOSED COMPENSATION FOR EACH DISQUALIFIED PERSON WILL BE APPROVED BY A CONFLICT-FREE DECISION-MAKING BODY COMPOSED OF MEMBERS OF THE GRINNELL COLLEGE BOARD OF TRUSTEES. THE DECISION-MAKING BODY WILL RECEIVE A REBUTTABLE PRESUMPTION SUMMARY FOR EACH INDIVIDUAL AT GRINNELL COLLEGE IDENTIFIED AS A DISQUALIFIED PERSON. ALL RELEVANT INFORMATION WILL BE DOCUMENTED REGARDING THE ACTIONS OF THE DECISION-MAKING BODY. THIS PROCESS WAS USED FOR THE FOLLOWING POSITIONS: PRESIDENT, CHIEF INVESTMENT OFFICER, TREASURER, VICE-PRESIDENT FOR STRATEGIC PLANNING, VICE-PRESIDENT FOR ENROLLMENT, VICE-PRESIDENT FOR STUDENT AFFAIRS, VICE-PRESIDENT FOR COLLEGE SERVICES,VICE-PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS, SECRETARY, DEAN OF THE COLLEGE, FORMER DEAN OF THE COLLEGE, CONTROLLER & ASSISTANT TREASURER, DIRECTOR OF COMPENSATION & ASSISTANT TREASURER, DIRECTOR OF INVESTMENTS, DIRECTOR OF STUDENT FINANCIAL AID AND DIRECTOR OF FACILITIES MANAGEMENT. THE LAST REVIEW WAS CONDUCTED FOR COMPENSATION EFFECTIVE JULY 1, 2013.
FORM 990, PART VI, SECTION C, LINE 18	THE FORM 990 IS AVAILABLE ON THE GRINNELL COLLEGE WEBSITE. FORM 990T IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER KEY POLICIES (RED FLAG, WHISTLEBLOWER, ETC) AVAILABLE TO THE PUBLIC VIA ITS WEBSITE-WWW.GRINNELL.EDU.
FORM 990, PART XI, LINE 9:	CHANGE IN ACCUMULATED POST RETIREMENT OBLIGATION 1,595,720. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,042,482. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 20,385.	CHANGES IN NET ASSETS OR FUND BALANCES:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1
City	GRINNELL	City
State	IA	State
ZIP Code	501121690	ZIPCode

Field	Value	IRS element (for citing)
EIN	451371997	EIN
Primary Activities	HEALTH INSURANCE FOR EMPLOYEES AND RETIREES	PrimaryActivities
Legal Domicile State	IA	LegalDomicileState
Exempt Code Section	501(C)(9)	ExemptCodeSection
Public Charity Status	N/A	PublicCharityStatus
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Controlled Org	1	ControlledOrg

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	RED ROCK VENTURES III LP	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	530 LYTTON AVENUE 2ND FLOOR	AddressLine1
City	PALO ALTO	City
State	CA	State
ZIP Code	94301	ZIPCode

Field	Value	IRS element (for citing)
EIN	770549159	EIN
Primary Activity	VENTURE CAPITAL	PrimaryActivity
Legal Domicile State	DE	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Predominant Income Type	INVESTMENT	PredominantIncomeType
Share Of Total Income	552267	ShareOfTotalIncome
Share Of EOY Assets	591303	ShareOfEOYAssets
Disproportionate Allocations	0	DisproportionateAllocations
General Or Managing Partner	0	GeneralOrManagingPartner
Percentage Ownership	0.59100	PercentageOwnership

Form990 Schedule R Part IV Form990ScheduleRPartIV (9 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Direct Controlling Entity NADirectControllingEntityNA	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership	Controlled OrgControlledOrg
POWESHIEK PETROLEUM CORPORATION
733 BROAD STREET	GRINNELL	IA	50112	730646866	OIL & GAS PRODUCTION	IL	N/A	C	29671	17090	1.00000	0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	CA	N/A	T				0
CHARITABLE REMAINDER UNITRUSTS (23)
					TRUST	IA	N/A	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	IL	N/A	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	MN	N/A	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	MO	N/A	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	TX	N/A	T				0
CHARITABLE REMAINDER ANNUITY TRUSTS (2)
					TRUST	IA	N/A	T				0
CHARITABLE REMAINDER ANNUITY TRUSTS (1)
					TRUST	TX	N/A	T				0

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	0	DividendsRelatedOrganization
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

Field	Value	IRS element (for citing)
Business Name Line1	GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
Transaction Type	Q	TransactionType
Amount Involved	6992181	AmountInvolved
Method Of Amt Determination	CASH TRANSFERRED	MethodOfAmtDetermination