2011-05-16T12:27:18-05:00 2010-06-30 Moss Adams LLP 3121 W March Lane Suite 100 Stockton CA 952192303 990 2009-07-01 951664123 Scripps College SCRI 9096218043 1030 Columbia Avenue Claremont CA 91711 Mia Alonzo 9096070689 2011-05-09 1 Tracy Paglia 2099556100 2009 2016-02-24 21:20:13Z Lori Bettison-Varga 1030 Columbia Avenue Claremont CA 91711 193097862 0 X www.scrippscollege.edu X 1926 CA Scripps College ("Scripps") is an independent, liberal arts, undergraduate college for women. 34 33 1073 500 -627252 -637181 10618325 16484440 46585165 45466989 15842802 7106635 -31193 -63189 73015099 68994875 11149495 11467252 0 24385045 25343560 0 2930109 27830911 28347744 63365451 65158556 9649648 3836319 359602385 382880647 50377741 49826174 309224644 333054473 To educate women to develop their intellect and talents through active participation in a community of scholars, so that as graduates they may contribute to society through public and private lives of leadership, service, integrity and creativity. 0 0 56031023 11467252 45466989 Scripps College ("Scripps") is an independent, liberal arts college for women with a distinctive interdisciplinary core curriculum offering instruction in the humanities, fine arts, and the natural and social sciences. Scripps has an enrollment of approximately 875 students. Founded in 1926, the campus is on the National Register of Historic Places. Its mission is to educate women to develop their intellect and talents through active participation in a community of scholars, so that as graduates they may contribute to society through public and private lives of leadership, service, integrity and creativity. 56031023 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 1 1643 0 1073 1 1 1 1 GM CJ 0 0 0 0 0 0 0 34 33 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 150 E 8th Street Ste A Claremont CA 91711 Lori Bettison-Varga 40.00 X X 177748 0 59170 Roxanne M Wilson 1.00 X 0 0 0 Linda Davis Taylor 1.00 X X 0 0 0 Mark R Herron 1.00 X X 0 0 0 Stephanie Barron 1.00 X 0 0 0 Barbara Franks Bice 1.00 X 0 0 0 Sharon Walther Blasgen 1.00 X 0 0 0 Joanne Blauer 1.00 X 0 0 0 Bob Breech 1.00 X 0 0 0 Lynne Oshita Brickner 1.00 X 0 0 0 Victoria Seaver Dean 1.00 X 0 0 0 Roger Engemann 1.00 X 0 0 0 Rosanne Rennie Holliday 1.00 X 0 0 0 Merrilee Stewart Howard 1.00 X 0 0 0 Trish Jackson 1.00 X 0 0 0 Donald P Johnson 1.00 X 0 0 0 G Jungels-Winkler 1.00 X 0 0 0 Nancy Katayama 1.00 X 0 0 0 Joanne Glass Keith 1.00 X 0 0 0 Steven Koblik 1.00 X 0 0 0 Susan Kurisu 1.00 X 0 0 0 Leslie Ann Lassiter 1.00 X 0 0 0 Kathryn Hood Pluhar 1.00 X 0 0 0 Elizabeth Malott Pohle 1.00 X 0 0 0 Hugh J Ralston 1.00 X 0 0 0 Stephanie Probst Rasines 1.00 X 0 0 0 Carolyn Revelle 1.00 X 0 0 0 Jean Bixby Smith 1.00 X 0 0 0 Katyayani Strohl 1.00 X 0 0 0 Carolyn Ditte Wagner 1.00 X 0 0 0 Jaime Willis 1.00 X 0 0 0 H Andrea Neves 1.00 X 0 0 0 Francille Scoble 1.00 X 0 0 0 Elizabeth Weinberg Smith 1.00 X X 0 0 0 Katherine Coleman 1.00 X 0 0 0 Thomas D Coleman Jr 1.00 X 0 0 0 James Manifold 40.00 X 212435 0 30268 Linda Scott 40.00 X 111957 0 18621 Mia Alonzo 40.00 X 0 109726 20273 Michael Lamkin 40.00 X 193349 0 29251 Patricia Goldsmith 40.00 X 188206 0 26091 Anthony Crowley 40.00 X 148262 0 27694 Roswitha Burwick 40.00 X 135724 0 20836 Donald Crone 40.00 X 137185 0 22110 Debra Wood 40.00 X 136649 0 76919 Thierry Boucquey 40.00 X 136639 0 18517 Frederick Weis 40.00 X 282929 0 34516 Patricia LaCroix 40.00 X 109394 0 17009 1970477 109726 401275 43 1 1 0 Tovey Shultz Construction Inc 18261 Collier Ave Unit A Lake Elsinore CA 92530 Construction 1891843 KAR Construction Inc 1306 W Brooks St Ontario CA 91762 Construction 902908 Cambridge Associates LLC PO Box 10317 Uniondale NY 11555 Investment Consulting 441105 E Moule & S Polyzoides Inc 180 E California Blvd Pasadena CA 91105 Architect 419457 ABC Electric Inc PO Box 424 Mt Baldy CA 91759 Electrician 252444 11 327217 16157223 3211921 16484440 Tuition, room & board 611600 44565555 44565555 Co-curricular op. 611600 260039 260039 Summer programs 611600 203256 203256 Fed grants & contracts 611600 101010 101010 Other misc. programs 900099 47858 47858 289271 289271 45466989 3382857 -627252 4010109 29 29 193845 272079 -78234 -78234 -78234 108350439 19167242 109604537 14189395 -1254098 4977847 3723749 3723749 52021 36976 15045 15045 68994875 45466989 -627252 7670698 11467252 11467252 1270338 679029 484891 106418 463374 463374 18024603 15902673 907409 1214521 1926028 1576348 249662 100018 2271347 2067507 45633 158207 1387870 1085639 197641 104590 209134 36448 95473 77213 155582 155582 1317660 1317660 4131139 3767193 265022 98924 839293 466695 199197 173401 4786309 4063005 489516 233788 49120 44526 3323 1271 1641062 1471648 156571 12843 1078318 922225 57459 98634 4094 3769 325 1807217 1792839 10735 3643 7009173 6017150 976324 15699 3666629 3501345 140150 25134 177812 1723 176089 Building repair 1094146 853780 224800 15566 Food and housing 233928 233928 Miscellaneous expense 147128 76301 44287 26540 65158556 56031023 6197424 2930109 274634 471007 28251696 26030193 13118199 16721957 286496 280628 169268 25951 24670 1229836 1296297 126414423 39034705 88726065 87379718 91517221 99930712 114025407 128451396 5013211 4825365 17133669 17299436 359602385 382880647 3804104 3541870 1886577 1892851 37522038 36913963 7165022 7477490 50377741 49826174 X 84834505 87943771 124871943 135981381 99518196 109129321 309224644 333054473 359602385 382880647 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50002 17076692 X X X X 0 215133918 10302083 24464825 2846661 9754362 237299803 276010266 1454487 -49982649 2839374 9508812 215133918 0.08980 0.41510 0.49510 1 0 2015104 2015104 522998 112650304 30883115 82290187 7127689 5846340 1281349 4098328 2305250 1793078 87379718 Long/short hedge funds 18786935 F Absolute return hedge funds 23562869 F Assets whose use is limited 392565 F Private equity 84865662 F Other assets 843365 C 128451396 Life income and annuities payable 3900228 Liability for staff retirement 1186661 Government advances for student loans 1607050 Funds held in trust for others 58696 Asset retirement obligation 724855 7477490 68994875 65158556 3836319 18402636 1590874 19993510 23829829 76052917 18402636 2194883 20597519 55455398 1317660 12221817 13539477 68994875 52223088 309056 309056 51914032 1317660 11926864 13244524 65158556 Part III, Line 4: Scripps' collection of art and rare books enrich the teaching of art and humanities at the College, as well as, the cultural community of the Claremont Colleges and environs. Part V, Line 4: Description of Intended Use of Endowment Funds: Scripps invests its endowment with the objective to preserve and enhance its purchasing power to support the core mission of the College. Part X: Description of Uncertain Tax Positions Under FIN 48: The College had no unrecognized income tax benefits at June 30, 2010 and 2009. Part XI, Line 8 - Other Adjustments: Actuarial adjustment of annuity and life income liabilities: 1258575. Other comprehensive pension loss: -294953. Unrealized business loss from alternative investments: 627252. Part XII, Line 2d - Other Adjustments: Unrelated business loss from alternative investments: 627252. Cost of goods sold: 36977. Rental expense: 272079. Actuarial adjustment of annuity and life income liabilities: 1258575. Part XII, Line 4b - Other Adjustments: Student financial aid: 11467252. Other comprehensive pension loss: 294953. Expenses netted against revenue on books: 459612. Part XIII, Line 2d - Other Adjustments: Cost of goods sold: 36977. Rental expense: 272079. Part XIII, Line 4b - Other Adjustments: Student financial aid: 11467252. Expenses netted against revenue on books: 459612. 1 1 1 The racial nondiscrimination policy is stated in brochures, the college catalog, and is accessible on the college web-site 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The college participates in the following federal programs: Federal Supplemental Educational Opportunity; Federal Family Education Loans; Federal Work Study Program; Federal Perkins Loans; Federal Pell Grant Program. 1 1 Student Financial Aid 435 11467252 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Use of grant funds is monitored through student financial aid and billing process. X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Lori Bettison-Varga 163593 0 0 0 14155 0 20700 0 38470 0 236918 0 0 0 James Manifold 209659 0 0 0 2776 0 25500 0 4768 0 242703 0 0 0 Michael Lamkin 191698 0 0 0 1651 0 21600 0 7651 0 222600 0 0 0 Patricia Goldsmith 167118 0 16800 0 4288 0 21000 0 5091 0 214297 0 0 0 Anthony Crowley 142939 0 0 0 5323 0 18359 0 9335 0 175956 0 0 0 Roswitha Burwick 134399 0 0 0 1325 0 16313 0 4523 0 156560 0 0 0 Donald Crone 136610 0 0 0 575 0 16531 0 5579 0 159295 0 0 0 Debra Wood 124308 0 0 0 12341 0 17400 0 59519 0 213568 0 0 0 Thierry Boucquey 135425 0 0 0 1214 0 14096 0 4421 0 155156 0 0 0 Frederick Weis 238070 0 40000 0 4859 0 29400 0 5116 0 317445 0 0 0 Patricia LaCroix 107618 0 0 0 1776 0 13173 0 3836 0 126403 0 0 0 Part I, Line 1a Part I, Line 1a: - All travel for companions of the President is approved by the Board. - The President's written contract includes housing, initiation and monthly fee for one social club membership. Cleaning services to the President's house are provided as maintenance of a campus owned building, which is used for institutional events as well as being the personal residence of the President and family. A portion of the benefit is treated as taxable compensation. California Educational Facilities Authority 521705592 130178LP9 2007-10-31 30547404 Financing and refinancing 0 0 29736897 386758 751910 13255285 2008 0 1 1 1 0 0 0 0 0 0.02800 0.02800 1 0 0 0 0 0 0 Mary Weis Spouse of Frederick Weis. Employed as Director of Special Projects. 116413 Compensation 0 X 4 50002 Appraisal X 3 FMV X 19 3143125 FMV X Miscellaneous 10 3300 Purchase Price X Travel Exp 2 5963 Purchase Price X Pres. Transition 1 9529 Purchase Price 1 0 1 1 Third Party Use: Part I, Line 32b: A third party broker is used in the sale of marketable securities. Form 990, Part VI, Section A, line 2 Katherine Coleman, trustee and Thomas D. Coleman, Jr., trustee are married Form 990, Part VI, Section B, line 11 Scripps utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves members of management as well as governing board members. Scripps has engaged an outside accounting firm to prepare the Form 990 using information provided by the Office of Financial Services, the Office of Human Resources, and the Treasurer's Office. Corrections are made as needed. Once a revised draft is available, it is reviewed by the Comptroller, Assistant Treasurer and Director of Budgeting, Assistant Treasurer and Director of Investments, and the Vice President of Business Affairs/Treasurer. After this review and any resulting changes are complete, the revised draft form 990 (without Schedule B -- Schedule of Contributors) is provided to members of the Scripps Audit Committee of the Board of Trustees for questions and comments in mid-April. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee accepts the Form 990 (without Schedule B) and the Form 990 (without Schedule B) is made available to all voting members of the Board of Trustees for their review prior to filing in early May. Schedule B is available for review by members of the Board of Trustees only upon request. Form 990, Part VI, Section B, line 12c All officers, trustees and key employees sign a conflict of interest policy. Signed policies are reviewed by Assistant Treasurer and Director of Investments, and any conflicts noted are followed up by Assistant Treasurer and reported to Audit Committee. Form 990, Part VI, Section B, line 15 The compensation of the President of the College was approved by the Board of Trustees upon the recommendation of the Compensation Committee of the Board of Trustees. The responsibilities of the Compensation Committee include coordinating the annual evaluation of the President; coordinating a 360-degree performance evaluation of the President against specific competencies set by the Board at appropriate intervals; reviewing the goals and objectives set by the Board; recommending salary increases and compensation structure and packages for the President to the Board; reviewing external market trends in compensation of presidents of comparable colleges and their respective officers, key employees and disqualified persons; and advising the President on compensation structures for officers, key employees and disqualified persons and such other matters as shall be determined by the Board. The review of compensation of the officers or key employees was conducted by the President of the College, who solicited the advice and counsel of the Board of Trustees Compensation Committee, which also reviewed comparability data. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: - Audited financial statements and principles of community are available on the College's website and upon request from the Treasurer's Office. - Governing documents, conflict of interest policy, and code of conduct are made available to the public upon request. Schedule K, line 5 Issuance Costs from Proceeds Cumulative proceeds used for issuance costs = $425,910 Cumulative proceeds used for credit enhancement = $326,000 Schedule K, part I, line A, column (f) Description of Purpose The acquisition, construction, improvement, rehabilitation, renovation, and equipping of certain educational facilities. Claremont University Consortium 150 E 8th Street Claremont CA 91711 954786748 Provide academic and business services CA 501(c)(3) Line 11a, I N/A 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0