2011-05-03T11:57:38-07:00 2010-06-30 990 2009-07-01 150532200 TRUSTEES OF HAMILTON COLLEGE TRUS 3158594315 198 College Hill Rd Clinton NY 13323 Karen Leach 3158594313 2011-05-02 2009 2016-02-24 21:20:13Z Karen L Leach 198 College Hill Rd Clinton NY 13323 398698901 0 X www.hamilton.edu X 1812 NY See schedule O 35 34 2325 1300 -634226 -634617 16221137 27477205 94788155 98190984 -29120532 13029478 69866 99758 81958626 138797425 22888744 24338699 0 0 58798248 59276600 0 0 5581115 54444971 54408561 136131963 138023860 -54173337 773565 921818875 914998172 272551981 186032350 649266894 728965822 See schedule O, Part I, Line 1 description. 0 0 114261965 24338699 97558236 Providing a liberal arts education to approximately 1812 undergraduate students, Hamilton College is committed to its tradition of being a school of opportunity and provides financial aid packages to approximately 50% of its students. The College employs 174 full time professors, 97% of whom hold the highest obtainable degree in their field. 765742 0 632748 Summer recreation and educational programs provide opportunities for children and students to learn in a more relaxed atmosphere and participate in team and individual sports to develop character and sportsmanship. 0 0 0 115027707 1 1 0 1 0 0 1 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 437 0 1 2325 1 1 1 1 FR CH SP 0 0 0 0 0 0 0 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Hamilton College Business Office 3158594313 198 College Hill Rd Clinton NY 13323 George Baker 1 X 0 0 0 Henry Bedford 1 X 0 0 0 Richard Bernstein 1 X 0 0 0 David Blood 1 X 0 0 0 Harold Bogle 1 X 0 0 0 Julia Cowles 1 X 0 0 0 Robert Delaney 1 X 0 0 0 John Emmons 1 X 0 0 0 Amy Goodfriend 1 X 0 0 0 Jennifer Murphy Hill 1 X 0 0 0 Ann Hutchins 1 X 0 0 0 Joel Johnson 1 X 0 0 0 Linda Johnson 1 X 0 0 0 A G Lafley 1 X 0 0 0 Philip Lewis 1 X 0 0 0 George Little 1 X 0 0 0 Arthur Massolo 1 X 0 0 0 Torrence Moore 1 X 0 0 0 Robert Morris 1 X 0 0 0 Daniel Nye 1 X 0 0 0 Mary Partridge 1 X 0 0 0 Ronald Pressman 1 X 0 0 0 John Rice 1 X 0 0 0 Gregory Robitaille 1 X 0 0 0 Nancy Roob 1 X 0 0 0 Alexander Sacerdote 1 X 0 0 0 Stephen Sadove 1 X 0 0 0 A Barrett Seaman 1 X 0 0 0 Susan Skerritt 1 X 0 0 0 Patricia Smalley 1 X 0 0 0 David Solomon 1 X 0 0 0 Thomas Tull 1 X 0 0 0 Jack Withiam 1 X 0 0 0 Jaime Yordan 1 X 0 0 0 Joan H Stewart 40 X X 356235 0 123444 Karen L Leach 40 X 224474 0 31226 Meredith Harper Bonham 40 X 110202 0 12000 Monica Inzer 40 X 169645 0 24983 David L Smallen 40 X 173234 0 21935 Richard C Tantillo 40 X 226800 0 66183 Joseph R Urgo 40 X 242395 0 60934 Peter Tonetti 40 X 373912 0 13533 David C Paris 40 X 159426 0 24665 Edward Walker 40 X 162196 0 17055 Barbara Tewksbury 40 X 151624 0 19675 Jay Williams 40 X 148589 0 21625 Stuart Hirshfield 40 X 150201 0 21615 2648933 0 458873 97 0 1 0 Beebe Construction PO Box 177 Utica NY 13503 General Contractor 6448956 Charles A Gaetano Construction Co 258 Genessee St Utica NY 13502 General Contractor 1911436 Barr and Barr 3967 Campus Rd Clinton NY 13323 General Contractor 1434125 Clark Companies PO Box 427 Delhi NY 13753 Athletic Facilities Construction 1249320 Murnane Building Contractors PO Box 462 Whitesboro NY 13492 General Contractor 840460 24 0 0 0 0 2090357 25386848 4671859 27477205 Tuition and fees 611310 78241117 78241117 Room and board 611310 17968422 17968422 Auxilliary operations 611310 1134069 1134069 847376 847376 98190984 4760617 0 -634226 5394843 0 0 0 0 0 0 0 0 318638 218880 99758 0 99758 99758 267951457 0 259380632 301964 8570825 -301964 8268861 0 0 8268861 0 0 138797425 98190984 -634226 13763462 0 20804289 20804289 3534410 3534410 2162757 325978 1564417 272362 0 43724647 37762315 3332288 2630044 3797495 3280259 291264 225972 6180085 5250986 543897 385202 3411616 2847006 350039 214571 256298 256298 161759 161759 1848714 1848714 2020640 959755 894204 166681 295183 294029 1154 7322263 6333638 501507 487118 1073582 911098 162484 5981512 5810441 96302 74769 4126247 3630282 224502 271463 118910 105202 5364 8344 6486334 6486334 13543608 10286236 3160825 96547 1026643 6743 1019900 Food service costs 4950679 4698288 0 252391 Small equipment & software 201549 188680 12869 0 Debt defeasance 481721 481721 0 0 4512919 1030017 2987251 495651 138023860 115027707 17415038 5581115 0 0 44453024 45869965 9474374 17795936 269633 287252 21133 16664 0 0 3830123 3789979 511417 551924 1175242 1085856 346063677 122621913 221051733 223441764 326396960 302481618 308300791 316134370 2878444 275843 0 0 3456001 3267001 921818875 914998172 5440252 4437621 0 0 0 0 140812757 137349942 0 0 2029739 1656567 0 124269233 42588220 272551981 186032350 X 371896307 418964378 109719578 132158565 167651009 177842879 649266894 728965822 921818875 914998172 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 713 713 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The College pays membership dues to the National Association of Independent Colleges and Universities. Approximately 7% of our annual dues is attributed to lobbying activities. 257169 3484035 0 0 X X X X Teaching 0 488817388 5500861 87676586 10558158 16284154 2384795 552767728 670321052 6804158 -158604079 10408130 16607261 2688352 488817388 0.15 0.84 0.01 1 0 0 19445396 19445396 0 258834616 76735600 182099016 0 0 0 0 0 53636125 45834177 7801948 0 14147540 52136 14095404 223441764 Faculty mortgages 1769762 F Beneficial interest trusts 4142666 F Real estate 24756303 F Energy 68123790 F Private equity 79432618 F Hedge funds 137909231 F 316134370 Deposits with trustees of debt obligations 275843 F 275843 Deferred financing costs 2932096 Other assets 334905 3267001 0 Annuity payable 20548605 Liability under securities lending transactions 6999998 Deposits and advances 6005550 Post retirement benefits 4559067 Refundable government student loans 1557528 Asset retirement obligation 1493129 Funds held in trust for others 1424343 42588220 138797425 138023860 773565 78925363 0 0 0 0 78925363 79698928 215858837 78925363 0 0 0 78925363 136933474 2384795 -520844 1863951 138797425 136159909 0 0 0 520844 520844 135639065 2384795 0 2384795 138023860 SchD_P03_S00_L04 Schedule D, Part III, Line 4 While the ultimate purpose of the Gallery is to increase the educational scope and opportunity for appreciation of the fine arts by Hamilton's students, it also seeks to enrich campus cultural life in general, as well as contribute to the cultural enrichment of the surrounding community. The collection includes more than 4,000 works of art, with strengths in American prints and works on paper, British art of the 20th century, ancient vases and glass, and Native American and Pre-Columbian art. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are used largely for scholarships, professorships, and other academic programs of the College including support for the library, research activities, and internship support for students. SchD_P10_S00_L00 Schedule D, Part X The College recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expenses and loss on disposal of fixed assets. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental expenses and loss on disposal of fixed assets. 1 1 1 Our non discrimination policy is printed in our admission viewbook and on our application supplement. Anyone interested in applying to the College receives these materials. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The College receives federal funding from the SEOG, Pell, AC, SMART and federal work study programs for scholarship aid to students. We also receive funding from the NYS Higher Education Opportunity Program and NYS Aid to Private Colleges. 1 1 Europe (including Iceland and Greenland) 2 2 Program Services 2748707 East Asia and the Pacific 1 2 Program Services 1142737 Europe (including Iceland and Greenland) Investments East Asia and the Pacific Investments Central America and the Caribbean Investments Central America and the Caribbean Grantmaking 41910 East Asia and the Pacific Grantmaking 586740 Europe (including Iceland and Greenland) 2193290 Middle East and North Africa Grantmaking 83820 North America (including Canada and Mexico, but not the United States) Grantmaking 13970 Russia and the newly independent States Grantmaking 27940 South America Grantmaking 237490 South Asia Grantmaking 69850 Sub-Saharan Africa Grantmaking 279400 3 4 7425854 Scholarships Central America and the Caribbean 2 41910 Credit to students' accounts 0 Scholarship East Asia and the Pacific 37 586740 Credit to students' accounts 0 Scholarships Europe (including Iceland and Greenland) 135 2193290 credit to students' accounts 0 Scholarship Middle East and North Africa 5 83820 credit to students' accounts 0 Scholarships North America (including Canada and Mexico, but not the United States) 1 13970 credit to students' accounts 0 Scholarships Russia and the newly independent States 2 27940 credit to students' accounts 0 Scholarships South America 16 237490 credit to students' accounts 0 Scholarships South Asia 5 69850 credit to students accounts 0 Scholarships Sub-Saharan Africa 19 279400 credit to students' accounts 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The College follows federal guidelines for determining the financial need of each student attending programs outside of the United States. The College Board Profile and the FAFSA (Free Application for Federal Student Aid) provide us with information to determine financial need. Grants and scholarships are awarded based on the demonstrated need of each student and are applied directly to the student's tuition bill. 1 College funded scholarships 416 9715214 0 Special scholarships 203 5871528 0 General scholarships 138 4179620 0 Prize scholarships 16 500724 0 Federal grants 61 234332 0 Private gifts 8 302871 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College follows federal guidelines for determining the financial need of each student attending programs outside of the United States. The College Board Profile and the FAFSA (Free Application for Federal Student Aid) provide us with information to determine financial need. Grants and scholarships are awarded based on the demonstrated need of each student and are applied directly to the student's tuition bill. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Joan H Stewart 347083 0 0 0 9152 0 51724 0 73500 0 481459 0 0 Richard C Tantillo 223745 0 0 0 3055 0 0 0 76277 0 303077 0 0 Karen L Leach 217322 0 0 0 7152 0 0 0 41192 0 265666 0 0 Joseph R Urgo 241592 0 0 0 803 0 0 0 64952 0 307347 0 0 David L Smallen 172011 0 0 0 1223 0 0 0 25847 0 199081 0 0 Monica Inzer 165867 0 0 0 3778 0 0 0 30262 0 199907 0 0 Peter Tonetti 371235 0 0 0 2677 0 0 0 17298 0 391210 0 0 0 David C Paris 158511 0 0 0 915 0 0 0 30979 0 190405 0 0 0 Edward Walker 159550 0 0 0 2646 0 0 0 17055 0 179251 0 0 0 Stuart Hirshfield 149417 0 0 0 784 0 0 0 24148 0 174349 0 0 0 Jay Williams 148317 0 0 0 272 0 0 0 25358 0 173947 0 0 0 Barbara Tewksbury 151229 0 0 0 395 0 0 0 21773 0 173397 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The College requires that the President, the VP for Academic Affairs and the VP for Communications and Development reside on campus as a condition of their employment. Therefore, College owned housing is provided for them. In addition, the College pays for reasonable costs of housekeeping to maintain the President's residence. Other services provided to the President include travel for her spouse when it has been determined that his travel fulfills a bona fide business purpose for the College, and payment for membership in one club in Manhattan, such as the University Club, for the purpose of meeting with College constituents, sponsoring College events and otherwise conducting College business. No personal use is associated with this membership. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Compensation for the President and Senior Officers of the College (includes the Vice Presidents of Administration and Finance, IT, Academic Affairs, Admissions & Financial Aid, Communications & Development, Dean of Students, Chief Investment Officer, and Chief of Staff) is determined by an annual review of comparability data from two different surveys, as well as a review of the Form 990 of other organizations. This information is reviewed by the Executive Compensation Sub-committee of the Board, consisting of the Chair, the Vice Chair, and the Chairs of the Budget and Finance Committee and the Audit Committee, who make a recommendation to the Board for approval. The President's compensation is documented in a written employment contract. Oneida County Industrial Development Agency 090210781 682462LDG 2005-06-09 8781124 See schedule O 0 0 Oneida County Industrial Development Agency 090210781 682465BZ1 2007-03-20 59690356 See schedule O 0 0 Dormitory Authority of State of NY 146000293 649905XD3 2010-02-11 13984775 Refunding of bonds issued 2/11/99 0 0 Onieda County Industrial Development Agnecy 090210781 682465DA4 2008-09-25 54964593 Refunding of bonds issued 6/21/02 0 0 8781124 6013390 245857 2521877 2006 1 0 1 1 59690356 22951481 1323959 35414916 2009 0 1 1 1 13984775 13619288 279695 85792 2001 1 0 1 1 54964593 0 51845000 0 371363 2748230 0 2006 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 Lehman Brothers .24 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 David Paris computer loan X 864 192 0 1 1 David Paris mortgage X 40557 16472 0 1 1 16664 X 1 232139 Appraisal X 25030 Appraisal X 142 2911031 Stock Exchange X 1 1318659 Partnership Value X 1 185000 Appraisal 2 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b College policy stipulates that gifts of securities are to be sold upon receipt, therefore investment firms are used to sell securities received as contributions. SchM_P01_S00_L33 Schedule M, Part I, Line 33 The College received tickets to sporting events and other miscellaneous non cash gifts totaling $19,013 that were not reported as revenue. F990_P01_S00_L01 Form 990, Part I, Line 1 A liberal arts college founded in 1793, Hamilton College has an enrollment of approximately 1812 students, representing 49 states and 45 countries, and offers 42 majors in the liberal arts, science and mathematics. Hamilton also offers pre-professional/cooperative programs in Business, Education, Engineering, Law, and Medicine and the opportunity to study abroad in numerous foreign destinations. The College's open curriculum gives students the freedom to shape their own liberal arts education within a research-and writing-intensive framework. The College sponsors 28 intercollegiate varsity teams affiliated with NCAA Division III, representing 17 different sports, in addition to many club and intramural sports offerings. Approximately 80 student clubs and organizations in a variety of interests and disciplines help to further enrich student development. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 Form 990 was reviewed by the Audit Committee, a five member committee of the Board of Trustees. A copy was made available to all remaining Trustees before filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers, Trustees, and key employees are required to complete a questionnaire regarding potential conflicts of interest on an annual basis. The questionnaires are reviewed by the CFO and appropriate actions taken if necessary. The questionnaires are maintained in a file on College premises. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation for the President and Senior Officers of the College (includes the Vice Presidents for Administration and Finance, Academic Affairs, Admissions and Financial Aid, Communications and Development, IT, Dean of Students, Chief Investment Officer and Chief of Staff) is determined by an annual review of comparability data from two surveys as well as a review of the Form 990 of other organizations. This information is reviewed by the Executive Compensation Sub-Committee of the Board, consisting of the Chair, Vice Chair, and the Chairs of the Budget and Finance Committee and Audit Committee, who make a recommendation to the Board for approval. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and financial statements are posted on our website at www.hamilton.edu. SchK_P01_S00_L00a Schedule K, Part I, Column a Construction of electric substation; renovation of various campus buildings; refunding of bonds issued 11/2/05. SchK_P01_S00_L00b Schedule K, Part I, Column b Construction of 40,000 sq.ft. addition; renovation of other campus buildings; refunding of bonds issued 2/11/99. SchK_P02_S00_L05 Schedule K, Part II, Line 5 Line 5a- Issue costs are $175,622 and credit enhancement costs are $70,235 for a total of $245,857. Line 5b- Issue costs are $864,959 and credit enhancement costs are $459,000 for a total of $1,323,959. Line 5c and 5d did not have enhancement costs included in issue costs. SchK_P02_S00_L06 Schedule K, Part II, Line 6 Line 6d represents a swap termination payment, an extraordinary nonrecurring working capital expense. Bruce Charitable Remainder Unitrust 3125 County Road 250 Durango CO 81301 150532200 Trust CO N/A T 0 411587 1 Lee C Garcia Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 150532200 Trust NY N/A T 0 505757 1 Nancy K and Edmund LeFevre CRU 198 College Hill Rd Clinton NY 13323 150532200 Trust NY N/A T 0 1071862 1 Roderick McKay Ramsay CRU 41 Woodside Way San Rafael CA 94901 150532200 Trust CA N/A T 0 266662 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0