2011-05-10T08:46:05-07:00 2010-06-30 990 2009-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 Academy Street Kalamazoo MI 490063269 James Prince 2693377225 2011-05-01 2009 2016-02-24 21:20:13Z Eileen B Wilson-Oyelaran 1200 Academy Street Kalamazoo MI 49007 89312745 0 X www.kzoo.edu X 1833 MI The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 30 27 1496 1200 7402 5763 9799109 7717386 49124724 51903202 -2264433 5836189 507603 356791 57167003 65813568 19106814 20708594 0 0 24889210 26981282 156835 114901 2034044 19330577 18321264 63483436 66126041 -6316433 -312473 227594845 239921620 53558234 54343419 174036611 185578201 The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 0 0 57120650 20708594 51894110 Higher Education: The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. College enrollment for the fall quarter of 2009 was 1,384 full time students. 0 0 0 57120650 1 1 0 1 0 0 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 156 0 1 1496 1 1 1 1 MX FR KE SP GM 0 0 0 0 0 0 0 30 27 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Catherine A Bonnes 2693377228 1200 Academy Street Kalamazoo MI 490063295 Donald R Parfet 2 X 0 0 0 Charlotte H Hall 2 X 0 0 0 Eugene V N Bissell 2 X 0 0 0 Amy S Courter 2 X 0 0 0 Roger E Brownell 2 X 0 0 0 Christopher P Bussert 2 X 0 0 0 James A Clayton 2 X 0 0 0 Helen B Etkin 2 X 0 0 0 Fred D Fischer 2 X 0 0 0 Gwen A Fountain 2 X 0 0 0 Jeffrey D Hsi 2 X 0 0 0 S Si Johnson 2 X 0 0 0 Robert O Kramer 2 X 0 0 0 Alexander C Lipsey 2 X 0 0 0 Hans P Morefield 2 X 0 0 0 L West Nelson 2 X 0 0 0 Gail A Raiman 2 X 0 0 0 William C Richardson 2 X 0 0 0 James A Robideau 2 X 0 0 0 Mary Beth Sarhatt 2 X 0 0 0 William R Stoeri 2 X 0 0 0 Jon L Stryker 2 X 0 0 0 Ronda E Stryker 2 X 0 0 0 Bonnie Wachter Swenby 2 X 0 0 0 Amy E Upjohn 2 X 0 0 0 Eileen B Wilson Oyelaran 40 X 264353 0 35717 Richard E Yehle 2 X 0 0 0 Jevon Caldwell-Gross 2 X 0 0 0 Erin M P Charnley 2 X 0 0 0 Debra L Yourick 2 X 0 0 0 Michael A McDonald 40 X 160045 0 16396 Victoria Gorrell 40 X 159898 0 25873 Joellen Silberman 40 X 116536 0 18306 Sarah Westfall 40 X 111587 0 17983 James E Prince 40 X 78797 0 12915 Jan Tobochnik 40 X 120174 0 12367 Gregory Diment 40 X 112322 0 15987 Peter Erdi 40 X 112794 0 25532 Paul Manstrom 40 X 101635 0 25604 David Barclay 40 X 100905 0 26505 Thomas M Ponto 0 X 148995 0 20749 1588041 0 253934 12 1 1 0 Sodexo 90 S High St Dublin OH 43017 Campus Food Services 2084516 Miller Davis Company 1029 Portage St Kalamazoo MI 49001 Construction contractor 219466 Cambridge Associates LLC PO Box 10317 Uniondale NY 11555 Investment Advisors 151018 Isaacson Miller 263 Summer St Boston MA 02210 Executive search service 123897 0 0 0 21762 0 247974 7447650 3179737 7717386 Tuition and fees 611310 45568602 45568602 0 0 Room and board 611310 5882230 5882230 0 0 Other revenue 611310 452370 443278 9092 0 0 0 0 0 51903202 2960801 0 -9299 2970100 87 0 0 87 0 0 0 0 220139 0 157405 0 62734 0 62734 0 0 62734 25528989 500 22643865 10323 2885124 -9823 2875301 0 0 2875301 5825 21762 15881 -10056 0 0 -10056 7318 13477 -6159 0 0 -6159 968498 658226 310272 0 7609 302663 0 65813568 51894110 7402 6194670 0 0 20708594 20708594 0 0 0 0 1131774 445899 502906 182969 0 0 0 0 18651355 14890052 2625942 1135361 1370688 1091818 201079 77791 4383583 2020435 2251399 111749 1443882 1142552 212475 88855 0 0 0 0 29668 0 29668 0 92900 0 92900 0 20000 0 20000 0 114901 114901 418926 0 418926 0 623610 383004 211865 28741 66886 64922 1964 0 2092843 1650752 375311 66780 427098 286639 129384 11075 0 0 0 0 2210571 1646755 507233 56583 3021986 2870804 61562 89620 0 0 0 0 481307 356165 93097 32045 1170587 1170587 0 0 0 0 0 0 2467489 2023640 373123 70726 203021 167618 29928 5475 Miscellaneous 1369088 884260 454195 30633 Study Abroad Expenses 3603301 3603301 0 0 Unrelated Business Income Tax 12856 0 12856 0 Perkins loan costs 9127 0 9127 0 Indirect Cost Allocation 0 1712853 -1643593 -69260 66126041 57120650 6971347 2034044 13754736 14234253 7948434 7028165 831876 1144609 0 0 0 0 7508315 7661838 641583 649955 822067 879363 108086584 46116804 63496964 61969780 94497962 103142593 38092908 43211064 227594845 239921620 2761382 2915837 0 0 1114224 931843 23675000 22835000 0 0 0 0 0 0 0 0 26007628 27660739 53558234 54343419 X 84874188 64623072 10763912 41718912 78398511 79236217 174036611 185578201 227594845 239921620 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 20000 20000 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Kalamazoo College was originally established by Michigan Territorial Laws of 1833 (Michigan Compiled Law Section 390.751 - 390.761). The College has contracted with a lobbying organization to have the charter modified to remove the stipulation requiring that a specific percentage of Trustees be in good standing with the American Baptist Churches USA. 122589205 651351 16722621 1569247 6336281 500501 131557148 156906549 3614928 -28831929 1215195 7415449 469699 122589205 0.23 0.77 0 0 1 1 0 2447877 2447877 1922387 78432678 30644863 49710202 0 0 0 0 0 23545395 15471941 8073454 0 1738247 0 1738247 61969780 Hedge Funds 19068766 F Private Equity Funds 9116727 F Charitable Remainder Trusts and Gift Annuities 15025571 F 43211064 Postretirement benefit 15569117 Annuities Payable 2863137 Payable to other beneficiaries 2760760 Federal Perkins loans 6467725 27660739 65813568 66126041 -312473 11854063 0 0 0 0 11854063 11541590 77117906 11854063 0 0 -818383 11035680 66082226 418926 -687584 -268658 65813568 65576316 0 0 0 687584 687584 64888732 418926 818383 1237309 66126041 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 500 individual funds established for a variety of purposes. These funds provide support for instruction, academic support departments, student services, institutional support departments, physical plant maintenance and improvements, public service programs, and scholarships, as well as, general operating support. SchD_P10_S00_L00 Schedule D, Part X The College financial statements do not provide specific reference to the uncertain tax positions under FIN 48. The College's unrelated business income has been minimal. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Special event and gaming expenses and cost of inventory sold SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Uncollectible pledges and payments to beneficiaries of reserved income funds SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Special event and gaming expenses and cost of inventory sold 1 1 0 The following statement appears in the College catalogue: "Kalamazoo College is committed to equal rights, equal opportunities, and equal protection under the law. The College administers its programs without regard to race, creed, religion, age, sex, national origin, height, weight, marital status, physical disability as protected by law, or sexual orientation. The College's definition of sexual orientation proscribes discrimination based on a person's heterosexuality, homosexuality, bisexuality, or gender identity, actual or presumed." Kalamzoo College draws a substantial percentage of its students from outside the Kalamazoo community including other areas of Michigan, the United States, and foreign countries and follows a racially nondiscriminatory policy as to students. Publication is not required under Rev Proc 75-50, Section 4.03-2(b). 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Kalamazoo College participates in the following campus-based financial aid programs: SEOG, FWSP, Perkins (NDSL). In addition, students from the College are recipients of Pell grants, Guaranteed Student Loans, National Science Scholars Program, and Parent Loans. 1 Central America and the Caribbean 0 0 Program Services higher education 110773 East Asia and the Pacific 0 1 Program Services higher education 922367 Europe (including Iceland and Greenland) 0 7 Program Services higher education 1781013 Middle East and North Africa 0 0 Program Services higher education 48238 South America 0 4 Program Services higher education 480493 South Asia 0 0 Program Services higher education 39923 Sub-Saharan Africa 0 5 Program Services higher education 220493 0 17 3603300 X X X X X X X 1 Wilson Bennett Technology Inc Phonathon 0 500471 66300 434171 Bentz Whaley Flessner Capital campaign planning 0 0 48601 -48601 500471 114901 385570 MI Golf Outing 30456 21762 8694 0 1519 0 5203 0 10678 0 0 30456 21762 8694 0 1519 0 5203 0 10678 17400 -8706 1 Scholarships 1352 20708594 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships are awarded based on established criteria, including donor restrictions. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Eileen B Wilson Oyelaran 264353 0 0 0 0 0 27248 0 25643 0 317244 0 0 0 Michael A McDonald 160045 0 0 0 0 0 16396 0 695 0 177136 0 0 0 Victoria Gorrell 159898 0 0 0 0 0 16901 0 9711 0 186510 0 0 0 Thomas M Ponto 148995 0 0 0 0 0 15544 0 5945 0 170484 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President is required to live in housing provided on campus. The value of this housing is excluded from taxable income. Michigan Higher Education Facilities Authority 521285150 594519A75 2003-08-14 12825128 Renovate library; refund 1997 bonds 1 0 Michigan Higher Education Facilities Authority 521285150 594519M72 2007-09-28 7347666 Renovate student center & residence halls; implement ERP; 0 0 13105433 2357161 86698 10661574 2006 0 1 1 1 7414594 128129 7286415 2009 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 Ronda Stryker Spouse owns Radisson Plaza Hotel in Kalamazoo 30923 Event services/accomodations 0 X 2 0 Not capitalized X 0 Value not recorded X 0 Value not recorded X 33 3179737 Avg daily stock price X Equipment 7 0 Not capitalized X Tennis event expenses 2 0 Value not recorded 0 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 A zero amount was reported on Form 990 Part VIII Statement of Revenue line 1g because the College does not capitalize its rare book collection. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Jon L. Stryker and Ronda E. Stryker are siblings. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 At the October 2009 meeting of the Board of Trustees, the Board approved changes to the number of trustees to remove the requirement for a minimum number of Trustees representing the American Baptist Church, USA. Effective May 6, 2010, Michigan Public Act number 62 of 2010 amended MCL 390.753 to remove the requirement for a minimum number of Trustees representing the American Baptist Churches, USA. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees for review. A meeting is convened with the Audit Committee and the Vice President for Business and Finance to review and discuss the Forms 990 and 990T. After receiving the Audit Committee's approval, the Forms 990 and 990T are provided to the full Board of Trustees for review and comment. After sufficient time for review and comment by the full Board of Trustees, the forms 990 and 990T are timely filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The conflict of interst policy is provided to every Trustee and Officer in October. Every recipient is asked to return a disclosure form that discloses any potential relationships that may represent a conflict of interest and discloses any gifts or loans from entities with which the College has significant business dealings. The form also asks Trustees to acknowledge that they have read the conflict of interest policy and confirm that they have no knowledge of any real or potential violation of the policy and that they will refrain from taking any unfair advantage of any information obtained in their role as Trustee or Officer. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Vice President for Business and Finance. The compensation of the College officers is determined annually by the President and compared with compensation of similarly placed officers of Great Lakes College Association institutions. The officer compensation is submitted to the Executive Committee of the Board of Trustees for review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Kalamazoo College is organized under Michigan statute MCL Section 390.751 through 390.761. The bylaws and conflict of interest policy are available by request. The financial statements are also available by request, posted on the College's website, made available in the College library, and filed with the Municipal Securities Rulemaking Board as part of the continuing disclosure requirements related to the tax exempt bond issues. SchK_P03_S00_L03a Schedule K, Part III, Line 3a There is currently a management contract with Sodexo to provide management of food service. Bond proceeds have not been allocated to the area associated with food service. Genevieve U Gilmore Endowment For The Arts PNC Bank - 108 E Michigan Kalamazoo MI 49007 386470228 Trust FBO Kalamazoo College MI 501(c)(3) Line 11c Kalamazoo College Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College PNC Bank - 171 Monroe NW Z2-700-03-4 Grand Rapids MI 49503 386572671 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept P O Box 3636 Grand Rapids MI 49503 386385367 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Genevieve U Gilmore Endowment For The Arts r 41786 Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College r 31292 L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept r 10885