2011-05-11T09:05:29-07:00 2010-06-30 990 2009-07-01 046130872 HAMPSHIRE COLLEGE TRUSTEES HAMP 4135595450 893 West St Amherst MA 01002 Mark K Spiro 4135595489 2011-05-11 2009 2016-02-24 21:20:13Z Ralph Hexter 893 West Street Amherst MA 01002 75014060 0 X hampshire.edu X 1965 MA The mission of Hampshire College is to educate and prepare students to understand and participate responsibly in a complex world. As a liberal arts college, Hampshire helps students develop confidence in their intellect, creativity, and values. 25 21 1531 622 1278827 -250733 2578085 5768622 64964874 65609578 -598640 -831415 2630441 1983263 69574760 72530048 20213808 25063523 0 0 30233508 28990564 0 0 2137672 21126954 21051797 71574270 75105884 -1999510 -2575836 80619232 83008741 34720487 35046928 45898745 47961813 Education at Hampshire College prepares students to understand and participate responsibly in a complex world. Through its actions and policies, the college sets an example of the responsible and creative behavior it expects of its students. As a liberal arts college, Hampshire helps students develop confidence in their intellect, creativity, and values. It encourages their desire to be lifelong learners and their capacity to advance the cause of social justice and the well-being of others. The college fosters these attitudes through a multidisciplinary, multicultural curriculum; self-initiated, individual programs of study negotiated with faculty mentors; students' active participation in original research; and the diverse communities, on campus and off, in which learning takes place. Within the college's residential community, students encounter and learn to respect difference and appreciate diversity, thereby enhancing their capacity to live together well. 0 0 43347750 25063523 54917949 Educational Delivery: Includes Instructional and other educational activities. Hampshire College provides instruction for 1,387 FTE undergraduate students and employing 114 FTE faculty. Educational delivery also includes student financial aid programs. Financial aid includes grants, scholarships, and government aid awards to assist students in the financial cost of attending Hampshire College (1,387 students). 7748026 0 10332608 Student Services Programs: Includes cost of Health Services, Recreational Athletics, Dean of Students Office expenses and other support services (1,387 students) 3747757 0 534908 Sponsored Research and Restricted Expenditures: Includes all private and federal funds received for sponsored research and restricted activities. 3377420 0 1278827 Other Program Service Activity: Hampshire College provides upkeep and maintenance to all classroom and living space through the physical plant department. It also provides campus security and library resources to all faculty, staff, and students. The college also provides support services such as a post office, duplications center, and dining hall to all members of the community. 3377420 0 1278827 58220953 1 1 0 0 0 0 1 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 193 0 1 1531 1 1 1 0 0 0 0 25 21 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO DC KY MA MD ME MI NH NJ NY OH OK OR SC WA WI X X Hampshire College Business Office Mark K Spiro 4135494600 893 West St Amherst MA 01002 Shelley J Carey 2.5 X 0 0 0 Helen Cohen 15 X 0 0 0 Matan Cohen 2.5 X 0 0 0 F Bennett Cushman II 5.5 X 0 0 0 David Dinerman 5.5 X 0 0 0 James Ferrara MD 5.5 X 0 0 0 Joseph Hanson 2.5 X 0 0 0 Gaye L Hill 2.5 X 0 0 0 Rebecca Holland 2.5 X 0 0 0 Stephan Jost 2.5 X 0 0 0 Petros Kokkalis 1 X 0 0 0 Timothy M Koller 5.5 X 0 0 0 Paul Model 2.5 X 0 0 0 Laura Calamos Nasir 2.5 X 0 0 0 Wendy O'Rourke 35 X 72368 0 7801 Yaniris Fernandez 35 X 73643 0 27382 Marci Riseman 2.5 X 0 0 0 Sigmund Roos 15 X 0 0 0 Kenneth Rosenthal 15 X 0 0 0 Jonathan Scott 5.5 X 0 0 0 Falguni Sheth 35 X 67122 0 12849 Joan Shulman 5.5 X 0 0 0 Gerald Warburg 2.5 X 0 0 0 Walter White 5.5 X 0 0 0 Ralph Hexter 35 X X 316020 0 90947 Alan Goodman 35 X 134064 0 34860 Aaron Berman 35 X 173674 0 114150 Mark K Spiro 35 X 216907 0 46768 Diana Fernandez 35 X 60828 0 11755 Nancy L Kelly 35 X 112442 0 15210 Beth Ward 35 X 108231 0 26499 D Clay Ballantine 35 X 141188 0 18440 Ann Michelle Ruocco 35 X 140298 0 24467 Steven Weisler 35 X 135750 0 18162 Michael Ford 35 X 114193 0 15051 Lee Spector 35 X 116999 0 29222 1983727 0 493563 30 0 1 0 Mount Holyoke College 50 College St So Hadley MA 01075 Public Safety Services 1218128 University Health Services University of Massachusetts Amherst MA 01003 Health Services 711716 George Dehne Associates 3331 Cottonfield Drive Mount Pleasant SC 29466 Admissions Consultant 191809 Bowditch Dewey LLP 311 Main Street Worcester MA 01608 Legal 150135 KPMG LLP Dept 0579 Dallas TX 75312 Accounting 123970 5 0 0 0 0 550749 5217873 629515 5768622 Tuition 611710 54917949 54917949 Room 721000 7988052 7988052 Board 722320 2168669 2168669 Sponsored Research 611310 534908 534908 0 0 0 0 65609578 600084 0 0 600084 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1052513 0 2484012 0 -1431499 0 -1431499 0 0 -1431499 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Auxiliary Enterprises 721000 1080486 0 1080486 0 Hampshire College Child Care Center 624410 374228 175887 198341 0 Other Income 900099 528549 0 0 528549 0 0 0 0 1983263 72530048 65785465 1278827 -302866 0 0 24402444 24402444 661079 661079 0 0 1228429 185300 765817 277312 0 0 0 0 21665734 17265494 3317328 1082912 1747889 1425310 231466 91113 2817017 2251733 410640 154644 1531495 1237547 211169 82779 0 0 0 0 209560 0 209560 0 149749 0 149749 0 0 0 0 0 0 0 115130 0 115130 0 1607256 0 1607256 0 181693 0 181693 0 822824 221276 534869 66679 358887 4751 354136 0 0 0 0 0 1741554 0 1741554 0 654907 341356 207954 105597 0 0 0 0 63370 18009 29564 15797 1081208 0 1081208 0 0 0 0 0 3482853 2988684 481683 12486 346173 0 346173 0 Research & Sponsored Programs 3747757 3747757 0 0 Programs & Materials 1062796 900564 226260 -64028 Miscellaneous 3098212 1405715 1380116 312381 Sodexho Contract 1427108 713554 713554 0 Five Colleges 900760 450380 450380 0 0 0 0 0 75105884 58220953 14747259 2137672 441234 1025612 2642177 2331919 3871139 2972230 190604 193119 2493 1411 0 0 574479 754200 0 0 453799 261905 99775999 56553710 44073842 43222289 12840139 11730965 13076014 17981924 0 0 2453312 2533167 80619232 83008741 3457830 1783752 1204996 1614761 26400494 25672571 2500000 3657167 3475844 34720487 35046928 X 19803483 21266277 4827118 5328920 21268144 21366616 45898745 47961813 80619232 83008741 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 371221 0 0 X X X 0 23486335 553962 3584503 332677 2026665 221285 25044173 34635183 615411 -8955562 348696 2342845 117156 23486335 0.4 0.6 0 1 0 0 3877606 3877606 0 65041666 30432181 34609485 0 0 0 0 0 20054302 18427447 1626855 0 10802425 7694082 3108343 43222289 9974398 F 5182089 F Non-US Equity 2825437 F 17981924 0 0 F 0 Funds Held in Trust By Others 2265937 Other Assets 267230 2533167 Contingent Asset Retirement Obligation 3475844 3475844 72530048 75105884 -2575836 4638904 0 0 0 0 4638904 2063068 52131028 4638904 25599 0 -25063523 -20399020 72530048 0 0 0 72530048 50067960 25599 0 0 0 25599 50042361 0 25063523 25063523 75105884 SchD_P03_S00_L04 Schedule D, Part III, Line 4 ART COLLECTION-The College's art collection consists primarily of paintings, photographs, prints and sculptures that are periodically displayed in our Library Gallery with no cost for admission. The works can also be used as educational materials for our students working on various Division projects. LIBRARY COLLECTION-The Harold F. Johnson Library promotes the academic goals of the College; teaching, research and learning. Our collections reflect the intellectual interests and concerns of our students and faculty, with particular focus on the curriculum of the five schools of Natural Science, Social Science, Humanities, Arts, and Cultural Studies; Interdisciplinary Arts; and Cognitive Science. Librarians provide instruction and support in locating and critically evaluating information in any form and help provide access to resources, online and in print. Students and faculty using the Hampshire College library also have access to all the library resources of our consortial neighbors: Amherst College, Mount Holyoke College, Smith College, and the University of Massachusetts Amherst. In addition, through full-text databases and inter-library loan, students and faculty have access to a wider world of information resources. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are designated for the following purpose: unrestricted operations, academic divisions, compensation, research, public service and extension, library, operations, maintenance of plant, student aid and other purposes. SchD_P10_S00_L00 Schedule D, Part X The College does not have a liability for uncertain tax positions under FIN 48. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Financial aid expense SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid expense 1 1 1 Hampshire College nondiscrimination policy can be found on our website: http://www.hampshire.edu/discover/11542.htm 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Hampshire College receives financial aid from the Department of Education in the form of Pell grants, SEOG grants, Federal Work Study funds and ACG grants. 1 1 Central America and the Caribbean 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses 305002 East Asia and the Pacific 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses 134584 Europe (including Iceland and Greenland) 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses 775697 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Foreign Study Exchange 1336 Sub-Saharan Africa 0 0 Program Services Tuition & Living Expenses 40536 South America 0 0 Program Services Tuition & Living Expenses 32091 South Asia 0 0 Program Services Tuition & Living Expenses 21098 0 0 1310344 Tuition & Living Expenses Europe (including Iceland and Greenland) 32 392208 FMV Tuition & Living Expenses Central America and the Caribbean 15 133353 FMV Tuition & Living Expense Sub-Saharan Africa 5 40536 FMV Tuition & Living Expenses South America 6 32091 FMV Tuition & Living Expenses South Asia 4 21098 FMV Tuition & Living Expenses East Asia and the Pacific 4 41793 FMV SchF_P01_S00_L01 Schedule F, Part I, Line 1 The College maintains its grant funds in individual grant accounts and is required to be audited annually (A-133). In addition, grants made in foreign countries for the purpose of the College's study abroad program are entered into using a contractual agreement outlining the services to be delivered. This activity is monitored by the Global Education Office and the Business Office. The manner of cash disbursements to scholarship and financial aid recipients was a direct credit to each student's account. The manner of cash disbursements for all study abroad programs is wire transfer. SchF_P01_S00_L02 Schedule F, Part I, Line 2 The College maintains its grant funds in individual grant accounts and is required to be audited annually (A-133). In addition, grants made in foreign countries for the purpose of the College's study abroad program are entered into using a contractual agreement outlining the services to be delivered. This activity is monitored by the Global Education Office and the Business Office. The manner of cash disbursements to scholarship and financial aid recipients was a direct credit to each student's account. The manner of cash disbursements for all study abroad programs is wire transfer. 1 Hampshire College Grants 857 17156008 Cash value Div III Grants 26 6500 Cash value Yellow Ribbon Grant 1 5000 Cash value Foreign Student Grant 45 1521156 Cash value Citizens Scholarship Award 7 5875 Cash value National Service Awards 11 19156 Cash value Music Grants 2 1200 Cash value Hampshire Faculty Scholarships 257 859000 Cash value Johnson Scholarship 136 1388750 Cash value Schomberg Scholarship 29 217500 Cash value HC Merit Scholarship 15 15000 Cash value Non Satis Scire 298 2314479 Cash value HC Science Scholarship 27 130000 Cash value SEOG 102 394724 Cash value ACG Awards 36 26625 Cash value Gilbert State Awards 36 121024 Cash value Endowed Scholarships 8 220447 Cash value SchI_P01_S00_L02 Schedule I, Part I, Line 2 The majority of grants given to students in the United States primarily consist of need based grants. Students must apply for these financial aid awards by completing two forms that establish eligibility for need based aid. These are standard forms used in higher education for this purpose. -College Scholarship Service Financial Aid Profile -Free Application for Federal Student Aid Scholarships and similar awards given to students as financial aid are applied by the College directly to the student's account to ensure that the grants are used for their intended purpose. Hampshire College grant aid assistance is generally limited to the amount of tuition. The College also offers financial aid in the form of merit based scholarships. Theses are similarly applied by the College directly to the student's account to ensure that the grants are used for their intended purpose and do not exceed the amount of tuition. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Ralph Hexter 297112 0 0 0 18908 0 22579 0 69375 0 407974 0 Aaron Berman 171118 0 0 0 2556 0 17061 0 97705 0 288440 0 0 Mark K Spiro 199990 0 0 0 16916 0 19753 0 27721 0 264380 0 0 0 Ann Michelle Ruocco 134302 0 0 0 5996 0 12550 0 12391 0 165239 0 0 0 D Clay Ballantine 140000 0 0 0 1188 0 13440 0 5493 0 160121 0 0 Steven Weisler 134467 0 0 0 1283 0 12529 0 6095 0 154374 0 0 Alan Goodman 131214 0 0 0 2851 0 13222 0 22121 0 169408 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As a condition of his employment the President is provided with College housing. The College pays annual membership dues for the President. The College provides services for the residence. The custodial services are provided for the President's personal space in the residence as well as the space designated for College use in the residence. The College provides this personal service to the President at no additional cost and conducted out of the ordinary course of business. Massachusetts Development Finance Agency 043431814 57583F4VO 2004-06-17 16704208 Construction/renovation 0 0 Massachusetts Development Finance Agency 043431814 2003-08-04 2950000 Construction/renovation 0 0 Massachusetts Development Finance Agency 043431814 2006-05-02 3075000 Construction/renovation 0 0 16704208 495757 0 0 275935 0 15932516 2009 0 0 1 1 2950000 0 0 0 37790 0 2912210 2004 0 0 1 1 3075000 0 0 0 47670 0 3027330 2009 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 Aaron Berman Second mortgage X 10000 1411 0 1 1 1411 X 13 1700 FMV X 14926 538056 FMV X 25 375 FMV X Equipment 6 89384 FMV 0 0 1 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Yaniris Fernandez, Staff Trustee, and Diana Fernandez, Secretary, have a family relationship. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The student body elects a student trustee and alternate; the faculty elects a faculty trustee; the staff elects a staff trustee. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 College Management is responsible for drafting the Form 990. The completed draft Form 990 is submitted for review to the College's tax advisor, KPMG. KPMG recommends changes that are subsequently discussed and incorporated into the return. The draft form is then provided to the Audit Committee of the Board of Trustees in advance of the filling deadline to enable a review by all members of the Committee with senior management and the College's tax advisor. All questions and concerns of the Audit Committee members are addressed and incorporated into the Form 990 as appropriate. After the Audit Committee review, all members of the Board of Trustees are invited to review the completed Form 990 in advance of the filing deadline via a dedicated website. After input from the Board of Trustees and the Audit Committee has been appropriately addressed, the Form 990 is filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The College annually requires disclosure of conflicts of interest through a conflict of interest form. The Trustees shall update the form during the year as circumstances dictate. The Trustees recuse themselves from voting on matters in which they have a conflict. The minutes of such meeting shall reflect that a disclosure was made and a Trustee who is uncertain whether a conflict of interest may exist in any matter may request the board or committee to resolve the question by majority vote. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees annually reviews the compensation of the President. The process includes reviewing comparable data to determine appropriate compensation levels. The documented process and decisions made are preserved in Human Resources. The Executive Committee is empowered to approve the annual compensation of the President and the Executive Committee, or a subset thereof meet with the President annually for a formal evaluation after receiving input from the full board. The other officers' compensation is reviewed by the President. Comparative salary data as well as proposed salaries are brought by the President to the Executive Committee for review. The President makes the final salary decision for all College officers. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College By-Laws, Code of Conduct, Conflict of Interest Policy, and Financial Statements are all available on our website: hampshire.edu. The Form 990 and Audited Financial Statements are available on the website of the Massachusetts Attorney General. C&PL Unitrust 893 West Street Amherst MA 01002 766211756 Charitable Trust MA N/A T 54370 0.6726 CT Trust 893 West Street Amherst MA 01002 046643855 Charitable Trust MA N/A T 195021 0.7707 CM Trust 893 West Street Amherst MA 01002 716200263 Charitable Trust MA N/A T 112534 0.6399 L Trust 893 West Street Amherst MA 01002 046674958 Charitable Trust MA N/A T 92110 0.6399 K Trust 893 West Street Amherst MA 01002 066208790 Charitable Trust MA N/A T 29659 0.80 J Trust 893 West Street Amherst MA 01002 137102906 Charitable Trust MA N/A T 1782244 0.7426 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0