2026-04-21T16:56:03-05:00 2025-06-30 390859910 Baker Tilly Advisory Group LP 6320 Canoga Avenue 17th Floor Woodland Hills CA 91367 990 2024-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Mia Alonzo Assistant VP/Controller 9096218043 2026-05-15 1 1 Lauren A Haverlock P00545829 8185771900 2026-04-20 2024 2025-03-06 01:10:19Z Strom C Thacker 1050 N Mills Avenue Claremont CA 917116101 224514212 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 31 30 1222 136 396479 213934 4942347 4372827 95331021 101005732 7934771 7478798 331313 725482 108539452 113582839 21599165 22734207 0 0 43833862 47248014 0 0 1826862 41287055 42104312 106720082 112086533 1819370 1496306 370941078 381744220 99947586 94285713 270993492 287458507 X Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities. 0 0 96203860 22734207 100940573 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,169 students. Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education, emphasizing social justice, intercultural understanding and environmental sensitivity. 96203860 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 1821 0 1 1222 1 1 1 1 NP IT EC CS 0 0 0 0 1 1 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo The Claremont Colleges Services 9096218043 101 S Mills Avenue Claremont CA 91711 Strom C Thacker President 40.00 2.00 X X 531615 0 182585 Laura Schaefer COO, VP and Treasurer 40.00 1.00 X 377612 0 117547 Sharon N Snowiss Professor/Faculty (thru 07/24) 40.00 0.00 X 419921 0 12088 Nigel J Boyle Professor/Faculty 40.00 0.00 X 395269 0 23629 Allen M Omoto - VP of Academic Affairs/Dean of Faculty 40.00 1.00 X 303753 0 77291 David S Moore Professor/Faculty (thru 06/24) 40.00 0.00 X 279649 0 21938 James S Marchant Vice President & Chief of Staff 40.00 0.00 X 249183 0 34397 Elisa Alban-Ashley Executive Director of Operations 40.00 0.00 X 217594 0 46261 Yvonne C Berumen VP of Admission & Fin. Aid 40.00 0.00 X 216912 0 46527 Patrice Langevin - AVP of Facilities, Cap. Projects & Safety 40.00 0.00 X 221787 0 40358 Pamela Mader AVP for Finance 40.00 0.00 X 182506 0 61115 Gary Cordova - VP of College Advancement & Communications 40.00 0.00 X 181654 0 52219 Mia Alonzo Assistant VP/Controller 4.00 21.00 X 0 201562 42581 Melanie Lacy Sorenson Board Secretary 40.00 1.00 X 127910 0 32308 Donald P Gould Chair of the Board 8.00 1.00 X X 0 0 0 Michele Siqueiros Vice Chair of the Board 8.00 0.00 X X 0 0 0 Jonathan Abbott Trustee (as of 05/25) 2.00 0.00 X 0 0 0 Sekou Andrews Trustee (as of 08/24) 2.00 0.00 X 0 0 0 Bridget Baker Trustee 2.00 0.00 X 0 0 0 Diana Bob Trustee 2.00 0.00 X 0 0 0 Gerri Bock Trustee 2.00 0.00 X 0 0 0 Thomas Brock Trustee 2.00 0.00 X 0 0 0 Harold A Brown Trustee 2.00 0.00 X 0 0 0 Hali Croner Trustee 2.00 0.00 X 0 0 0 Mark Cunningham Trustee 2.00 0.00 X 0 0 0 Stephen Davis Trustee 2.00 0.00 X 0 0 0 Tyrus Emory Trustee 2.00 0.00 X 0 0 0 Louise Ann Fernandez Trustee (thru 01/25) 2.00 0.00 X 0 0 0 Julie Flapan Trustee 2.00 0.00 X 0 0 0 Ruett Stephen Foster Trustee 2.00 0.00 X 0 0 0 Wendy Glenn Trustee 2.00 0.00 X 0 0 0 David H Good Trustee 2.00 0.00 X 0 0 0 Jonathan P Graham Trustee 2.00 0.00 X 0 0 0 Jill A Klein Trustee 2.00 0.00 X 0 0 0 Gina Hoagland Trustee 2.00 0.00 X 0 0 0 David B Levin Trustee 2.00 0.00 X 0 0 0 Derek Mitchell Trustee 2.00 0.00 X 0 0 0 Kenneth R Pitzer Trustee 2.00 0.00 X 0 0 0 James S Rhodes III Trustee 2.00 0.00 X 0 0 0 Alissa Okuneff Roston Trustee 2.00 0.00 X 0 0 0 William D Sheinberg Trustee 2.00 0.00 X 0 0 0 Shahan Soghikian Trustee 2.00 0.00 X 0 0 0 Louise Beaudette Thornton Trustee 2.00 0.00 X 0 0 0 Tracy M Tindle Trustee 2.00 0.00 X 0 0 0 Cathy Siegel Weiss Trustee 2.00 0.00 X 0 0 0 3705365 201562 790844 88 0 1 0 Bon Appetit Management Company 2400 Yorkmount Road Charlotte NC 28217 Food Services 4269999 Hamilton Healthcare Construction 202 Mercury Circle Pomona CA 91767 Construction 765193 Husch Blackwell LLP PO Box 790379 St Louis MT 631790379 Legal Services 338974 Brian R Bloom 350 South Milliken Avenue Suite G Ontario CA 917617844 Architecture 262320 Moss Adams LLP PO Box 748369 Los Angeles CA 900748369 Accounting 215438 14 173351 4199476 220351 4372827 Tuition and fees 611600 77509626 77509626 Auxiliary enterprises 611710 22096178 22096178 Summer conferences 611710 728218 728218 Federal grants and contracts 611710 606551 606551 Sales of inventory 611710 65159 65159 101005732 5657090 252501 5404589 7227 0 7227 7227 7227 110687930 2065151 102866107 8065266 7821823 -6000115 1821708 143978 1677730 Other sources 900099 718255 718255 718255 113582839 100940573 396479 7872960 19202032 19202032 3532175 3532175 2923405 1152855 1369954 400596 141142 52684 88458 32855808 29172896 2720639 962273 3973194 3500004 366240 106950 4932976 4335948 473343 123685 2421489 2065221 276288 79980 631681 15868 615813 238637 9438 229199 252892 252892 3410355 2847985 517825 44545 468687 289985 156739 21963 1358367 963719 358588 36060 1309004 731541 576317 1146 4934085 4763817 168753 1515 1590469 1518154 48847 23468 1028542 787013 223069 18460 2194626 2117560 77066 305651 173938 126321 5392 5151325 4844986 306339 609148 15606 593542 Related orgs and affili 14714138 10305828 4408310 Food and housing 2089891 2089891 Maintenance and repair 1289625 1248184 41366 75 Non capitalized equipme 78413 70391 8022 448776 396141 51881 754 112086533 96203860 14055811 1826862 6530488 2002399 30135882 39077152 1958104 1804412 2852170 679155 65105 118180 1234714 1227440 163661835 75141436 90332978 88520399 172767425 182584288 41631482 43350602 17117478 17951968 6315252 4428225 370941078 381744220 4433778 2827203 1030740 963217 83696614 81030949 4084642 2010148 6701812 7454196 99947586 94285713 X 180306879 198662174 90686613 88796333 270993492 287458507 370941078 381744220 X 1496306 16735131 -1766422 X 0 1 X 1 1 1 X 4144084 4036845 4522592 4942347 4372827 22018695 4144084 4036845 4522592 4942347 4372827 22018695 2051061 19967634 2055104 3427780 3671410 5362836 5411816 19928946 156349 5493 44226 215503 421571 218863 233860 864254 324265 718255 2359497 44728709 424815880 0.44640 0.47880 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2020 Amount: $ 218,863. 2021 Amount: $ 233,860. 2022 Amount: $ 864,254. 2023 Amount: $ 324,265. 2024 Amount: $ 718,255. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191881805 342845 22148166 1168168 6482909 232926 206488813 170000348 454108 28761310 1110612 5915602 307747 191881805 168248383 280143 8228357 1065594 5579619 111322 170000348 179391175 1019719 -5932005 956323 5067476 206707 168248383 144435157 609283 40237958 914777 4881347 95099 179391175 0.61000 0.18600 0.20400 1 0 11535582 11535582 136242980 62042677 74200303 14627924 13098759 1529165 1255349 1255349 88520399 Hedge funds 25240794 F Limited partnerships 18109808 F 43350602 Early retirement liability 6158953 Asset retirement obligation 1042586 Government advances for student loans 197075 Annuities payable 55582 7454196 X 105920265 16735131 -1266619 15468512 90451753 252892 22878194 23131086 113582839 89476730 121480 121480 89355250 252892 22478391 22731283 112086533 Part V, Line 4: The College uses the income from the endowment funds per the requirements of the donor. Such income is used for grants, scholarships, professorships, lectures, research, student programs, facilities and general operations of the College. Part X, Line 2: The objective of the College is to maintain and conduct a 501(c)(3) nonprofit educational institution. The primary purpose of accounting and reporting is the recording of resources received and applied rather than the determination of net income. The College had no uncertain tax positions and/or obligations at June 30, 2025 and 2024. The College's tax returns are subject to review and examination by federal and state authorities. Part XI, Line 2d - Other Adjustments: Comprehensive gain on defined benefit plans -1,369,972. Actuarial adjustments 103,353. Part XI, Line 4b - Other Adjustments: Student financial aid 22,478,391. Unrelated business income from partnerships 396,479. Realized gains on contributions receivable -100,000. Pledge write off 103,324. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 121,480. Part XII, Line 4b - Other Adjustments: Student financial aid 22,478,391. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The policy was published in the local newspaper indicating the non-discrimination policy for the College. The policy is also present on the homepage of the College's website. Schedule E, Part I, Line 6 Pitzer College participates in the Pell Grant, Supplemental Educational Opportunity Grant, Cal Grants, College Work-Study, NSF STEM grant scholarships and Perkins Loan programs. 1 Sub-Saharan Africa 1 1 Program services Education 188716 Central America and the Caribbean 1 1 Program services Education 489552 South America 1 1 Program services Education 326183 Europe (including Iceland and Greenland) 1 1 Program services Education 152169 South Asia 1 1 Program services Education 253808 East Asia and the Pacific 1 1 Program services Education 9424 Central America and the Caribbean 0 0 Investments 25246071 Central America and the Caribbean 0 0 Program services PCCR Expenses 121480 Central America and the Caribbean 0 0 Grants to recipients in the region 384518 East Asia and the Pacific 0 0 Grants to recipients in the region 687277 Europe (including Iceland and Greenland) 0 0 Grants to recipients in the region 1361309 North America 0 0 Grants to recipients in the region 76367 South America 0 0 Grants to recipients in the region 432593 South Asia 0 0 Grants to recipients in the region 454173 Sub-Saharan Africa 0 0 Grants to recipients in the region 64663 Middle East and North Africa 0 0 Grants to recipients in the region 71275 6 6 0 0 6 6 26787403 3532175 30319578 Scholarship Central America and the Caribbean 8 384518 Application to student account Scholarship East Asia and the Pacific 15 687277 Application to student account Scholarship Europe (Including Iceland & Greenland) 27 1361309 Application to student account Scholarship North America 1 76367 Application to student account Scholarship South America 9 432593 Application to student account Scholarship South Asia 8 454173 Application to student account Scholarship Middle East and North Africa 1 64663 Application to student account Scholarship Sub-Saharan Africa 1 71275 Application to student account 1 0 1 1 1 0 Part I, Line 2: Funds are sent via wire to the director in charge of the program. Receipts for all expenses are sent to the Treasurer's office where they are reconciled, translated into US currency and recorded. Actual expenses are recorded each year except for some expenses at the end of the year that are estimated and reconciled in the following year when the receipts are received. Part I, line 3: Accrual Method Part III, Col (c): Student records 1 Institutional Grant Aid 332 18403149 SEOG Grants 82 231135 Fellowships 83 454402 Stipends 71 23346 Davis UWC Scholarship 7 90000 Part I, Line 2: Pitzer College awards scholarships only to individual undergraduate students. These scholarships are awarded based upon academic achievement and/or demonstrated financial need. The Financial Aid Office, with the assistance of the Registrar's Office, monitors student enrollment each semester to ensure that students remain qualified for financial aid. The College also awards tuition to dependents of its employees who meet the requirements of the College's Tuition Remission Program. Employee dependents must be enrolled at one of the undergraduate schools of The Claremont Colleges. Tuition is paid directly to the undergraduate college after grades are submitted to the Human Resources Office as evidence of course completion. X X X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Strom C Thacker President 525615 0 0 0 6000 0 63000 0 119585 0 714200 0 0 0 Laura Schaefer COO, VP and Treasurer 377612 0 0 0 0 0 44945 0 72602 0 495159 0 0 0 Sharon N Snowiss Professor/Faculty (thru 07/24) 98805 0 0 0 321116 0 11857 0 231 0 432009 0 0 0 Nigel J Boyle Professor/Faculty 200850 0 0 0 194419 0 23544 0 85 0 418898 0 0 0 Allen M Omoto - VP of Academic Affairs/Dean of Faculty 303753 0 0 0 0 0 38073 0 39218 0 381044 0 0 0 David S Moore Professor/Faculty (thru 06/24) 16389 0 0 0 263260 0 2430 0 19508 0 301587 0 0 0 James S Marchant Vice President & Chief of Staff 249183 0 0 0 0 0 29700 0 4697 0 283580 0 0 0 Elisa Alban-Ashley Executive Director of Operations 217347 0 0 0 247 0 26928 0 19333 0 263855 0 0 0 Yvonne C Berumen VP of Admission & Fin. Aid 216912 0 0 0 0 0 26572 0 19955 0 263439 0 0 0 Patrice Langevin - AVP of Facilities, Cap. Projects & Safety 221787 0 0 0 0 0 23232 0 17126 0 262145 0 0 0 Pamela Mader AVP for Finance 182506 0 0 0 0 0 23404 0 37711 0 243621 0 0 0 Gary Cordova - VP of College Advancement & Communications 181654 0 0 0 0 0 21800 0 30419 0 233873 0 0 0 Mia Alonzo Assistant VP/Controller 0 200602 0 0 0 960 0 21193 0 21388 0 244143 0 0 Melanie Lacy Sorenson Board Secretary 127910 0 0 0 0 0 15300 0 17008 0 160218 0 0 0 Part I, Line 1a The items checked for Line 1a are provided only as documented in a particular individual's contract with Pitzer. First-class and travel for companions were provided to the President for bona fide business purposes. The first-class train travel was a nominal additional cost. The President is required to live in a Pitzer owned or leased residence as part of his contract. All maintenance expenses related to the house are paid by Pitzer. Social club fees are paid by the College for the President. The value of the benefits noted above were not included in the individuals' taxable compensation. The President received an automobile allowance that was included in taxable compensation. One other officer also received housing allowances that was not included in taxable compensation. Part I, Line 4 Severance payments (faculty early retirement program) are made based upon agreements between certain qualifying employees and Pitzer College. Details of the terms and conditions of the severance agreements are available to the IRS upon request. N. Boyle - $194,419 D. Moore - $263,260 S. Snowiss - $321,116 A California Municipal Finance Authority 2017 201563466 000000000 2017-08-01 58024789 Advance refund CEFA 2009 and facility renovations 0 0 0 B California Municipal Finance Authority 2020 201563466 000000000 2020-09-16 31925000 Refund CMFA 2014 bonds, facility renovations 0 0 0 C California Municipal Finance Authority 2022 201563466 000000000 2022-07-01 25000000 SPPH guarantee 0 0 0 D California Municipal Finance Authority 2024 201563466 000000000 2024-01-11 5000000 SPPH guarantee 0 1 1 A 8292397 58024789 50522789 384599 7117401 2018 0 1 1 1 B 32000000 267340 9071101 22661559 2023 1 0 1 1 C 505464 24875000 146696 24728304 2024 0 0 1 1 D 5000000 80196 4919804 2025 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Part II, Line 3, Bonds B, C, and D: The difference between the issue price and the total proceeds of the issue for Bond B is due to the bond discount. The difference between the issue price and the total proceeds of the issue for Bond C is due to the bond discount. The difference between the issue price and the total proceeds of the issue for Bond D is due to the cost of insurance. David Robinson Family member of key employee A. Omoto 52684 Employment compensation 0 Isabelle Thacker Family member of key employee S. C. Thacker 88458 Employment compensation 0 X 14 208351 FMV X 1 12000 Appraisal 1 0 1 1 Part I, Column (b): The College is reporting the number of contributions in column (b). Part I, Line 32b: The College used third-party real estate services to sell donated property. Form 990, Part VI, Section A, line 1a The Executive Committee consists of the Chair of the Board, the Vice-Chair of the Board, the President of the College, the chairperson (or, alternatively, the vice chairperson) of each standing committee, two at-large Trustees (appointed by vote of a majority of the Trustees then in office). Subject to limitations contained in California Corporations Code Section 5212(a) and additional limitations contained in the Pitzer College Bylaws, when the Pitzer College Board of Trustees is not in session, the Executive Committee has the authority of the Board of Trustees. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Chief Operating Officer and Treasurer, Assistant Vice President for Finance and the Controller. It is then posted to a secure website where Trustees do a final review prior to filing. The Audit and Risk Management Committee also reviews the Form 990 with staff and outside tax preparation firm, Baker Tilly Advisory Group, LP. Form 990, Part VI, Section B, line 12c Pitzer has a Conflict of Interest Policy that prohibits trustees, officers and employees from using their positions and knowledge in any way that could create a conflict between the interests of the College and their own interests. The policy also requires that trustees, officers or other employees promptly report to the Trustee Audit Committee any transaction or situation, pertaining to themselves or others, that may be a conflict of interest. Each trustee, officer and senior administrator must annually sign a statement documenting any existing or potential conflict of interest. The results of this annual reporting are reviewed by the Trustee Audit Committee. If any conflicts were identified during this documentation process, the Trustee Audit Committee would report this to the full board for their review and action, if warranted. In addition, it is the practice of trustees to recuse themselves from discussion and voting in circumstances where there may be a potential conflict of interest. Form 990, Part VI, Section B, line 15 The College uses benchmark salary data from comparable higher education institution groups for all employees, including executive management positions. Salaries are also reviewed annually in relation to performance as evidenced by annual written performance evaluations and years in position. Compensation for Pitzer's top executives is reviewed and approved by the Trustee Compensation Subcommittee whose charge, drawn from the Bylaws, is as stated below: 4.11 (a)(i) Compensation Subcommittee. There shall be a subcommittee of the Executive Committee known as the Compensation Subcommittee that shall review and approve the compensation, including benefits, of all of the following: (a) the President, (b) the Treasurer, and (c) every person, regardless of title, with powers, duties or responsibilities comparable to a President, Chief Executive Officer, Treasurer or Chief Financial Officer. The review shall be conducted in accordance with California Government Code Section 125856(g). The Compensation Subcommittee shall be composed of such members of the Executive Committee as may be appointed by the Chair and who are not employed by the College or any subsidiary of the College, and shall not include the President or Treasurer. In addition to the President and Treasurer, the Trustee Compensation Subcommittee reviews and approves compensation for the Vice President of Academic Affairs as this position is designated to act as the chief executive officer in exigency. For the Treasurer and Vice President of Academic Affairs, the Compensation Subcommittee reviews and approves recommended compensation after reviewing performance, and salary and benefits in relation to the average salary and benefits packages of selected peer organizations and years in position. Minutes of the committee and the analyses are kept in confidentiality, limited to the committee, the President, the Secretary of the Board, and the AVP of Human Resources. This process was completed in June 2024 for the year ended June 30, 2025. President's contract: As outlined in the College's Bylaws, the Board's Executive Committee annually conducts a performance review of the President. Under the Bylaws, if any changes to the President's employment contract, including salary and benefits, are considered appropriate and necessary, these changes are constructed carefully by the Compensation Committee, in discussions with the President, reviewed by the Executive Committee and submitted to the full Board of Trustees for discussion and approval. In particular, the Board discusses the President's performance, the external market for comparable presidents at peer liberal arts colleges and the overall needs and means of Pitzer College. After discussion, and given the importance that the Board attaches to its supervision of the President, the Board attempts to achieve a consensus in favor of -- and then formally approves -- all compensation decisions. Form 990, Part VI, Section C, line 19 - Governing documents are made available to the general public upon request - Conflict of interest policy is made available to the general public upon request - Audited financial statements are available on the College's website Form 990, Part XI, line 9: Comprehensive gain/(loss) on defined benefit plans -1,369,972. Actuarial adjustment 103,353. Unrelated business income from partnerships -396,479. Realized gains on contributions receivable -103,324. Pitzer College BTC Trust c/o BlackRock Inst Trust Co 400 How San Francisco CA 94105 306596452 Grantor trust CA 2157599 100586531 Pitzer College The Claremont Colleges Inc 101 S Mills Avenue Claremont CA 91711 954786748 Support Claremont colleges CA 501(c)(3) Line 12a, I N/A 0 Pitzer College Costa Rica 101 S Mills Avenue Claremont CA 91711 320152376 Conservation easement for forest conservation CA 501(c)(3) Line 12a, I Pitzer College 1 Scripps-Pitzer Property Holdings LLC 1030 N Columbia Avenue Claremont CA 91711 842206074 Property holding CA N/A Excluded -1656437 49401812 0 1 0.50000 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 Pitzer College Costa Rica R 388273 Cash basis Scripps-Pitzer Property Holdings LLC D 4414341 Loan guarantee