SWARTHMORE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SWARTHMORE COLLEGE (EIN 23-1352683)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-06
- IRS object ID
- 201331269349300753
- Schema version
- 2011v1.5
- 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 C
- 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 | 2013-05-06T10:39:59-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | 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 | 2011-07-01 | 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 |
| 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 |
| Date Signed | 2013-05-06 | 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 | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | 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 | 1033095783 | 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 | 39 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 38 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2526 | TotalNbrEmployees |
| Total Nbr Volunteers | 1650 | TotalNbrVolunteers |
| Total Gross UBI | -82463 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -649257 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14994000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 21907000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 76456000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 79979000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 86154388 | InvestmentIncomePriorYear |
| Investment Income Current Year | 94555878 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7706779 | OtherRevenuePriorYear |
| Other Revenue Current Year | 7935535 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 185311167 | TotalRevenuePriorYear |
| Total Revenue Current Year | 204377413 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 25995000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 28034000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 71696780 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 72963782 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 62792 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 85516 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4168582 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 53478857 | OtherExpensePriorYear |
| Other Expenses Current Year | 54627100 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 151233429 | TotalExpensesPriorYear |
| Total Expenses Current Year | 155710398 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 34077738 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 48667015 | RevenuesLessExpensesCY |
| Total Assets BOY | 1868531000 | TotalAssetsBOY |
| Total Assets EOY | 1905688000 | TotalAssetsEOY |
| Total Liabilities BOY | 226279000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 278433000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1642252000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1627255000 | 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 student learn both inside and outside the classroom. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 120273734 | Expense |
| Grants | 28034000 | Grants |
| Revenue | 79979000 | Revenue |
| Description | Swarthmore is a co-educational College of Liberal Arts and Engineering. The average enrollment for fiscal year 2011-12 was 1,545 (96 of which were studying abroad). Of the total student population, 1,428 come from across the United States while 117 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, 2012. 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 | 120273734 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | 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 | 2249 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2526 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| 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 | 39 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 38 | 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 (69 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| GILES K KEMP | ||||||||
| CHAIR | 6.0 | X | 0 | 0 | 0 | |||
| JORGE AGUILAR | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JENNY HOURIHAN BAILIN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| RICHARD A BARASCH | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| DULANY OGDEN BENNETT | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| JANET SMITH DICKERSON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DAVID GELBER | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| DELVIN DINKINS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LEWIS H LAZARUS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| NEIL R GRABOIS | ||||||||
| VICE-CHAIR | 4.0 | X | 0 | 0 | 0 | |||
| MARILYN HOLIFIELD | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JAMES C HORMEL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ANN REICHELDERFER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BARBARA W MATHER | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| FREDERICK W KYLE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JANE LANG | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| SUSAN B LEVINE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BENNETT LORBER | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| JORGE MUNOZ | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CHRISTOPHER M NIEMCZEWSKI | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| SIBELLA CLARK PEDDER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| TRACEY E PATILLO | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JOHN A RIGGS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CARL RUSSO | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ELIZABETH H SCHEUER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ROBIN M SHAPIRO | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| SUJATHA SRINIVASAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DAVID W SINGLETON | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| RUTH SHOEMAKER WOOD | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| THOMAS E SPOCK | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| DANIELLE TOALTOAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JOSEPH L TURNER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| GUSTAVO SCHWED | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| SUSAN S MORRISON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| SOHAIL BENGALI | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| NATHANIEL AK ERSKINE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| THOMAS WT HARTNETT | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LUCINDA LEWIS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JAMES LOVELACE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| RHONDA RESNICK COHEN | ||||||||
| TRUSTEE | 4.0 | X | 0 | 0 | 0 | |||
| EUGENE M LANG | ||||||||
| EMERITUS CHAIR | 2.0 | X | 0 | 0 | 0 | |||
| SAMUEL L HAYES III | ||||||||
| EMERITUS TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JULIE LANGE HALL | ||||||||
| EMERITA TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JEROME KOHLBERG | ||||||||
| EMERITUS TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ELIZABETH J McCORMACK | ||||||||
| EMERITA TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MARGE PEARLMAN SCHEUER | ||||||||
| EMERITA TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| J LAWRENCE SHANE | ||||||||
| EMERITUS TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| REBECCA S CHOPP | ||||||||
| PRES./EX OFFICIO BOARD MEMBER | 60.0 | 530111 | 0 | 171644 | X | |||
| SUZANNE P WELSH | ||||||||
| VP FINANCE & TREASURER | 60.0 | 297463 | 0 | 52991 | X | |||
| THOMAS STEPHENSON | ||||||||
| PROVOST | 60.0 | 175862 | 0 | 125011 | X | |||
| MAURICE G ELDRIDGE | ||||||||
| VP COLLEGE & COMMUNITY REL. | 60.0 | 227070 | 0 | 48957 | X | |||
| STEPHEN BAYER | ||||||||
| FORMER VP DEV. & ALUMNI REL. | 60.0 | 333164 | 0 | 37166 | X | |||
| DONALD COONEY | ||||||||
| INTERIM VP DEV. & ALUMNI REL. | 60.0 | 174611 | 0 | 34123 | X | |||
| KARL W CLAUSS | ||||||||
| VP DEVELOPMENT & ALUMNI REL. | 60.0 | 0 | 0 | 0 | X | |||
| MARK C AMSTUTZ | ||||||||
| MANAGING DIRECTOR OF INV. | 60.0 | 206400 | 0 | 48002 | X | |||
| C STUART HAIN | ||||||||
| VP FACILITIES & SERVICES | 60.0 | 190163 | 0 | 31077 | X | |||
| JAMES L BOCK III | ||||||||
| DEAN OF ADMISSIONS & FIN. AID | 60.0 | 187134 | 0 | 45786 | X | |||
| MELANIE YOUNG | ||||||||
| FORMER VP HUMAN RESOURCES | 60.0 | 171269 | 0 | 25948 | X | |||
| SHARMAINE LAMAR | ||||||||
| INTERIM VP HUMAN RESOURCES | 60.0 | 98254 | 0 | 34548 | X | |||
| PAMELA PRESCOD-CAESAR | ||||||||
| VP HUMAN RESOURCES | 60.0 | 0 | 0 | 0 | X | |||
| H ELIZABETH BRAUN | ||||||||
| DEAN OF STUDENTS | 60.0 | 167905 | 0 | 83663 | X | |||
| NANCY NOWICKI NICELY | ||||||||
| VP COMMUNICATIONS & PUBLIC REL | 60.0 | 160143 | 0 | 42593 | X | |||
| LORI ANN JOHNSON | ||||||||
| ASSISTANT TREASURER | 40.0 | 103167 | 0 | 18652 | X | |||
| ROBERT DUPLESSIS | ||||||||
| PROFESSOR | 40.0 | 361374 | 0 | 23927 | X | |||
| GEORGE MOSKOS | ||||||||
| PROFESSOR | 40.0 | 347920 | 0 | 14078 | X | |||
| ROBINSON G HOLLISTER | ||||||||
| PROFESSOR | 40.0 | 207335 | 0 | 44759 | X | |||
| ALLEN SCHNEIDER | ||||||||
| PROFESSOR | 40.0 | 185256 | 0 | 44111 | X | |||
| NELSON A MACKEN | ||||||||
| PROFESSOR | 40.0 | 180997 | 0 | 42361 | X | |||
| DAVID FRASER | ||||||||
| FORMER OFFICER | 0.0 | 187256 | 0 | 9337 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4492854 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 978734 | TotalOtherCompensation |
| Number Individuals GT100 K | 125 | 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 |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| PO BOX 10317 | UNIONDALE | NY | 11555 | INVESTMENT ADVISORS | 738084 |
| HAMILTON LANE ADVISORS LLC | |||||
| ONE BELMONT AVENUE SUITE 900 | BALA CYNWYD | PA | 19004 | INVESTMENT ADVISORS | 688999 |
| DELL MARKETING LP | |||||
| PO BOX 643561 | PITTSBURGH | PA | 197706643 | COMPUTING | 201123 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| PO BOX 7247-8001 | PHILADELPHIA | PA | 19170 | ACCOUNTING | 195962 |
| MARSHFIELD ASSOCIATES | |||||
| 21 DUPONT CIRCLE NW SUITE 500 | WASHINGTON | DC | 20036 | INVESTMENT ADVISORS | 191381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Government Grants | 1973000 | GovernmentGrants |
| All Other Contributions | 19934000 | AllOtherContributions |
| Noncash Contributions | 5324217 | NoncashContributions |
| Total Contributions | 21907000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 63713000 | 63713000 |
| ROOM & BOARD | 611600 | 16266000 | 16266000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 79979000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 51106120 | TotalRevenueColumn |
| Exclusion | $51,106,120 | 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 | 406746 | TotalRevenueColumn |
| Exclusion | $406,746 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1362135 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1152602 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 209533 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 209533 | TotalRevenueColumn |
| Exclusion | $209,533 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 871664783 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 827565768 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 44099015 | Securities |
| Other | -649257 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43449758 | TotalRevenueColumn |
| Unrelated Business Revenue | -649257 | UnrelatedBusinessRevenue |
| Exclusion | $44,099,015 | 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 | 566794 | 566794 | |
| AUXILIARY SERVICES | 900099 | 6752462 | $6,752,462 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 7319256 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 204377413 | TotalRevenueColumn |
| Related Or Exempt Function Income | 79979000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -82463 | UnrelatedBusinessRevenue |
| Exclusion | $102,573,876 | 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 | 28034000 | Total |
| Program Services | 28034000 | 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 | 4093258 | Total |
| Program Services | 2431332 | ProgramServices |
| Management And General | 1661926 | 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 | 51192734 | Total |
| Program Services | 39169235 | ProgramServices |
| Management And General | 10052228 | ManagementAndGeneral |
| Fundraising | 1971271 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4775776 | Total |
| Program Services | 3594970 | ProgramServices |
| Management And General | 996261 | ManagementAndGeneral |
| Fundraising | 184545 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9030126 | Total |
| Program Services | 6158153 | ProgramServices |
| Management And General | 2589279 | ManagementAndGeneral |
| Fundraising | 282694 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3871888 | Total |
| Program Services | 2917034 | ProgramServices |
| Management And General | 814609 | ManagementAndGeneral |
| Fundraising | 140245 | 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 | 241553 | Total |
| Management And General | 241553 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174167 | Total |
| Management And General | 174167 | 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 | 85516 | Total |
| Fundraising | 85516 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4502000 | Total |
| Management And General | 4502000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4239898 | Total |
| Program Services | 2299430 | ProgramServices |
| Management And General | 1600307 | ManagementAndGeneral |
| Fundraising | 340161 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 810588 | Total |
| Program Services | 183802 | ProgramServices |
| Management And General | 617860 | ManagementAndGeneral |
| Fundraising | 8926 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4722084 | Total |
| Program Services | 3551446 | ProgramServices |
| Management And General | 1068577 | ManagementAndGeneral |
| Fundraising | 102061 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2667297 | Total |
| Program Services | 1951698 | ProgramServices |
| Management And General | 655291 | ManagementAndGeneral |
| Fundraising | 60308 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2111229 | Total |
| Program Services | 1621472 | ProgramServices |
| Management And General | 425876 | ManagementAndGeneral |
| Fundraising | 63881 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2501017 | Total |
| Program Services | 1881070 | ProgramServices |
| Management And General | 464851 | ManagementAndGeneral |
| Fundraising | 155096 | 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 | 1385910 | Total |
| Program Services | 983191 | ProgramServices |
| Management And General | 352789 | ManagementAndGeneral |
| Fundraising | 49930 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6632143 | Total |
| Program Services | 5106750 | ProgramServices |
| Management And General | 1326429 | ManagementAndGeneral |
| Fundraising | 198964 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7122714 | Total |
| Program Services | 5484490 | ProgramServices |
| Management And General | 1424543 | ManagementAndGeneral |
| Fundraising | 213681 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 724189 | Total |
| Program Services | 723796 | ProgramServices |
| Management And General | 393 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOREIGN STUDIES | 3382063 | 3382063 | ||
| ANNUITY PAYMENTS | 2517763 | 1619909 | 683488 | 214366 |
| BOOKSTORE RELATED | 651988 | 651988 | ||
| EQUIP PURCH, RENTAL, & MAINT | 3307096 | 2048152 | 1234065 | 24879 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6933401 | Total |
| Program Services | 6479753 | ProgramServices |
| Management And General | 381590 | ManagementAndGeneral |
| Fundraising | 72058 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155710398 | Total |
| Program Services | 120273734 | ProgramServices |
| Management And General | 31268082 | ManagementAndGeneral |
| Fundraising | 4168582 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32433000 | BOY |
| EOY | 32265000 | 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 | 18223000 | BOY |
| EOY | 17006000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1227000 | BOY |
| EOY | 2397000 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 727820 | BOY |
| EOY | 376417 | 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 | 15443180 | BOY |
| EOY | 14103583 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 572210 | BOY |
| EOY | 582095 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3336790 | BOY |
| EOY | 2917905 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 351959000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 111993000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 232740000 | BOY |
| EOY | 239966000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 732581000 | BOY |
| EOY | 717448000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 831210000 | BOY |
| EOY | 861307000 | 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 | 37000 | BOY |
| EOY | 17319000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1868531000 | BOY |
| EOY | 1905688000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14116000 | BOY |
| EOY | 17624000 | 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 | 2222000 | BOY |
| EOY | 2239000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 173617000 | BOY |
| EOY | 212010000 | 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 | 865000 | BOY |
| EOY | 854000 | 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 | 35459000 | BOY |
| EOY | 45706000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226279000 | BOY |
| EOY | 278433000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 628075000 | BOY |
| EOY | 638391000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 834746000 | BOY |
| EOY | 802184000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 179431000 | BOY |
| EOY | 186680000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1642252000 | BOY |
| EOY | 1627255000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1868531000 | BOY |
| EOY | 1905688000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 48667015 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -63664015 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $6,447 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $70 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 6517 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART II-B, LINE 1G & 1I | THIRD PARTY SERVICES WERE PROVIDED TO SWARTHMORE COLLEGE ASSOCIATED WITH IDENTIFYING AND PURSUING PUBLIC FUNDING AT THE FEDERAL, STATE, AND LOCAL LEVELS IN SUPPORT OF THE TOWN CENTER WEST PROJECT. THE LOBBYING EXPENSES NOTED ABOVE WERE AMORTIZED (AND NOT EXPENSED DURING THE FISCAL YEAR). AS A RESULT, THERE IS NO EXPENSE FIGURE REPORTED FOR "LOBBYING" IN PART IX, LINE 11D. |
| PART II-B, LINE 1I | SWARTHMORE COLLEGE IS A MEMBER OF THE CONSORTIUM OF FINANCING HIGHER EDUCATION (COFHE) AND THE LOBBYING EXPENSE ASSOCIATED WITH THIS MEMBERSHIPS IS $70. |
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 | 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 Minus1 Year CurrentYearMinus1Year
| 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 Minus2 Years CurrentYearMinus2Years
| 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 Minus3 Years | CurrentYearMinus3Years | |
| 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 | 290092000 | InvestmentCostOrOtherBasis |
| Depreciation | 72136000 | Depreciation |
| Book Value | 217956000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 18472000 | InvestmentCostOrOtherBasis |
| Depreciation | 17020000 | Depreciation |
| Book Value | 1452000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 33047000 | InvestmentCostOrOtherBasis |
| Depreciation | 22837000 | Depreciation |
| Book Value | 10210000 | 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 | 239966000 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| FIXED INCOME | 42234000 | F |
| PUBLIC EQUITY | 131687000 | F |
| REAL ASSETS | 127597000 | F |
| PRIVATE EQUITY | 342474000 | F |
| MARKETABLE ALTERNATIVES | 215308000 | F |
| OTHER | 2007000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 861307000 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED PAYMENTS | Description |
| Amount | $45,706,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 45706000 | TotalOfAmounts |
| Total Revenue | 204377413 | TotalRevenue |
| Total Expenses | 155710398 | TotalExpenses |
| Excess Or Deficit For Year | 48667015 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -57924015 | NetUnrealizedGLOnInvestments |
| Other | -$5,740,000 | OtherAmount |
| Total Adjustments | -63664015 | TotalAdjustments |
| Excess Or Deficit Per FS | -14997000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 109330000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -57924015 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -57924015 | RevenueNotRptdF990 |
| Revenue Subtotal | 167254015 | RevenueSubtotal |
| Investment Expenses Not Included | 4502000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 32621398 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 37123398 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 204377413 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 124327000 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 124327000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 4502000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 26881398 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 31383398 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 155710398 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| 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 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 XI, LINE 8 LINE 8, OTHER: THIS FIGURE REPRESENTS THE "CHANGE IN PRESENT VALUE OF LIFE INCOME FUNDS" FOR THE FISCAL YEAR: (2,480,000) LINE 8, OTHER: THIS FIGURE REPRESENTS THE "CHANGE IN OTHER POST RETIREMENT BENEFITS" FOR THE FISCAL YEAR: (3,260,000) PART XII LINE 4B: LINE 4B, OTHER: THIS FIGURE REPRESENTS THE FOLLOWING: COSTS OF RENTAL HOUSING (1,152,602) CHANGE IN PRESENT VALUE OF LIFE INCOME FUND 5,740,000 STUDENT AID 28,034,000 TOTAL 32,621,398 PART XIII, LINE 4B LINE 4B, OTHER: THIS FIGURE REPRESENTS THE FOLLOWING: COST OF RENTAL HOUSING (1,152,602) STUDENT AID 28,034,000 TOTAL 26,881,398 | 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 | LINE 3 | Identifier |
| Explanation | The college's non-discrimination 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. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | STUDY ABROAD | 216659 |
| Europe (Including Iceland and Greenland) | 0 | 1 | Program Services | STUDY ABROAD | 1334682 |
| Middle East and North Africa | 0 | 0 | Program Services | STUDY ABROAD | 171592 |
| South America | 0 | 0 | Program Services | STUDY ABROAD | 241640 |
| Sub-Saharan Africa | 0 | 0 | Program Services | STUDY ABROAD | 42781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 1 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 1 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 2007354 | SubtotalAmountSpent |
| Total Amount Spent | 2007354 | 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 (3 entries)
| Name Of IndividualNameOfIndividual | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|---|
| MARTS LUNDY 1200 WALL ST LYNDHU | 1200 WALL STREET | LYNDHURST | NJ | 07071 | GENERAL CONSULTING | false | 19384842 | 55641 | 19329201 |
| VALERIE M JONES ASSOC 210 IDLEWIL | 210 IDLEWILD LN | MEDIA | PA | 19063 | GRANT CONSULTING | false | 20500 | 22406 | -1906 |
| VALERIE M JONES ASSOC 210 IDLEWIL | 210 IDLEWILD LN | MEDIA | PA | 19063 | GENERAL CONSULTING | false | 549158 | 7469 | 541689 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 19954500 | TotalGrossReceipts |
| Total Retained By Contractors | 85516 | TotalRetainedByContractors |
| Total Net To Organization | 19868984 | 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 | 828 | NumberOfRecipients |
| Amount Of Cash Grant | 28034000 | 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 | SCHEDULE I EXPLANATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | ALL SWARTHMORE COLLEGE SCHOLARSHIPS ARE DISBURSED/POSTED ELECTRONICALLY (AND INTERNALLY) DIRECTLY TO THE STUDENTS ACCOUNT. FURTHERMORE, STUDENTS WHO RECEIVED SAID AID 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 (18 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| REBECCA S CHOPP | |||||||||||
| 530111 | 0 | 0 | 0 | 0 | 0 | 67411 | 0 | 104233 | 0 | 701755 | 0 |
| SUZANNE P WELSH | |||||||||||
| 297463 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52991 | 0 | 350454 | 0 |
| THOMAS STEPHENSON | |||||||||||
| 175862 | 0 | 0 | 0 | 0 | 0 | 52521 | 0 | 72490 | 0 | 300873 | 0 |
| MAURICE G ELDRIDGE | |||||||||||
| 227070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48957 | 0 | 276027 | 0 |
| STEPHEN BAYER | |||||||||||
| 248429 | 0 | 0 | 0 | 84735 | 0 | 0 | 0 | 37166 | 0 | 370330 | 0 |
| DONALD COONEY | |||||||||||
| 174611 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34123 | 0 | 208734 | 0 |
| MARK C AMSTUTZ | |||||||||||
| 206400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48002 | 0 | 254402 | 0 |
| C STUART HAIN | |||||||||||
| 190163 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31077 | 0 | 221240 | 0 |
| JAMES L BOCK III | |||||||||||
| 187134 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45786 | 0 | 232920 | 0 |
| MELANIE YOUNG | |||||||||||
| 142775 | 0 | 0 | 0 | 28494 | 0 | 0 | 0 | 25948 | 0 | 197217 | 0 |
| H ELIZABETH BRAUN | |||||||||||
| 167905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83663 | 0 | 251568 | 0 |
| NANCY NOWICKI NICELY | |||||||||||
| 160143 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42593 | 0 | 202736 | 0 |
| DAVID FRASER | |||||||||||
| 0 | 0 | 0 | 0 | 187256 | 0 | 0 | 0 | 9337 | 0 | 196593 | 0 |
| ROBERT DUPLESSIS | |||||||||||
| 104665 | 0 | 0 | 0 | 256709 | 0 | 0 | 0 | 23927 | 0 | 385301 | 0 |
| GEORGE MOSKOS | |||||||||||
| 25417 | 0 | 0 | 0 | 322503 | 0 | 0 | 0 | 14078 | 0 | 361998 | 0 |
| ROBINSON G HOLLISTER | |||||||||||
| 207335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44759 | 0 | 252094 | 0 |
| ALLEN SCHNEIDER | |||||||||||
| 185256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44111 | 0 | 229367 | 0 |
| NELSON A MACKEN | |||||||||||
| 180997 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42361 | 0 | 223358 | 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 and the Dean of Students 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 two New York University clubs to be used primarily for business purposes (entertainment / travel). Additional Information for Part II of Schedule J. 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. Thomas Stephenson - Deferred compensation figure is a result of accrued leave compensation and benefits. Stephen Bayer - Other reportable compensation figure was a one-time payment. Melanie Young - Other reportable compensation figure was a one-time payment. H. Elizabeth Braun - Non-taxable benefits figure includes a housing allowance. See "residence requirement" above. Karl W. Clauss - Became an Officer in March 2012. As a result, had no reportable compensation for calendar year 2011. Pamela Prescod-Caesar - Became an Officer in February 2012. As a result, had no reportable compensation for the calendar year 2011. David W. Fraser - Other reportable compensation figure was a supplemental retirement plan. Robert DuPlessis - Other reportable compensation figure was an early retirement payment. George Moskos - Other reportable compensation figure was an early retirement payment. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| SWARTHMORE COLLEGE BOROUGH AUTHORITY | |||||||
| 232243929 | 870000FJ0 | 2006-12-20 | 79638446 | SEE SCHEDULE O | false | false | false |
| SWARTHMORE COLLEGE BOROUGH AUTHORITY | |||||||
| 232243929 | 870000GH3 | 2008-04-30 | 27925671 | SEE SCHEDULE 0 | false | false | false |
| SWARTHMORE COLLEGE BOROUGH AUTHORITY | |||||||
| 232243929 | 870000GJ9 | 2009-07-29 | 9453814 | SEE SCHEDULE 0 | false | false | false |
| SWARTHMORE COLLEGE BOROUGH AUTHORITY | |||||||
| 232243929 | 870000GN0 | 2011-06-29 | 30383328 | SEE SCHEDULE 0 | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 79638446 | 0 | 0 | 0 | 656894 | 0 | 0 | 0 | 78981552 | 0 | false | true | true | true |
| 0 | 0 | 27925671 | 0 | 0 | 0 | 325671 | 0 | 0 | 0 | 27600000 | 0 | true | false | true | true |
| 0 | 0 | 9453814 | 0 | 0 | 0 | 189076 | 0 | 0 | 0 | 9264738 | 0 | true | false | true | true |
| 0 | 0 | 30383328 | 0 | 0 | 0 | 330328 | 0 | 0 | 0 | 30053000 | 0 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||
| 0 | false | false | false | false | false | false | 0.02130 | 0.02130 | true |
| 0 | |||||||||
| 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| 0 | ||||||
| false | false | false | false | 0 | false | true |
| 0 | ||||||
| false | false | false | false | 0 | false | true |
| 0 | ||||||
| false | false | false | false | 0 | false | true |
| 0 | ||||||
| false | false | false | false | 0 | false | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
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 SCHEDULE O | 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) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 17177979 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 114121 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 137349 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 1711110 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 15215399 | 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) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | false | EngageBondCounselContracts |
| Any Research Agreements | false | AnyResearchAgreements |
| Engage Bond Counsel Research | false | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00010 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00010 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | true | ExceptionToRebate |
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 | 262919 | false | true | true |
| MAURICE G ELDRIDGE | ||||||
| MORTGAGE | X | $197,022 | 113498 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 376417 | 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 SCHEDULE O | Relationship |
| Amount Of Transaction | 191381 | AmountOfTransaction |
| Description Of Transaction | INVESTMENT MANAGEMENT FEES | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 111 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5324217 | 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 | |
| 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 provided to the Audit and Risk Management 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 and Risk Management 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 IT CONFLICT OF INTEREST POLICY AVAILABLE VIA THE COLLEGE'S WEBSITE. THE COLLEGE MAKES IT FINANCIAL STATEMENTS AVAILABLE VIA THE COLLEGE'S WEBSITE. SCHEDULE E, 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. SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS ISSUED: 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 issues 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. SCHEDULE K, 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. SCHEDULE L, PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS BOARD MEMBER CHRISTOPHER M. NIEMCZEWSKI AND HIS FAMILY HAVE AN OWNERSHIP INTEREST IN MARSHFIELD ASSOCIATES. | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MARJAY PRODUCTIONS INC | |||||||||||
| 1007 ORANGE STREET | WILMINGTON | DE | 19801 | 131952572 | LITERARY WORKS | DE | NA | C CORPORATION | 2722 | 1465 | 1.00000 |
| CHARITABLE REMAINDER ANNUITY TRUSTS | |||||||||||
| N/A | PA | NA | TRUST | ||||||||
| CHARITABLE REMAINDER UNITRUSTS | |||||||||||
| N/A | PA | NA | TRUST | ||||||||
| CHARITABLE REMAINDER UNITRUSTs | |||||||||||
| N/A | PA | NA | TRUST | ||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | 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 | true | 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 | r | TransactionType |
| Amount Involved | 100000 | AmountInvolved |
| Method Of Amt Determination | PER ESTATE DOC. | MethodOfAmtDetermination |