2026-05-11T13:00:33-05:00 2025-06-30 390859910 Baker Tilly Advisory Group LP 6320 Canoga Avenue 17th Floor Woodland Hills CA 91367 990 2024-07-01 951664123 Scripps College SCRI 9096218043 1030 Columbia Avenue Claremont CA 91711 Mia Alonzo Assistant VP/Controller 9096070689 2026-05-11 1 1 Lauren A Haverlock P00545829 8185771900 2026-05-07 2024 2025-03-06 01:10:19Z Amy Marcus-Newhall 1030 Columbia Avenue Claremont CA 91711 325762895 0 X www.scrippscollege.edu X 1926 CA Scripps College ("Scripps") is an independent, liberal arts, undergraduate college for women. 29 28 1444 720 14297066 2360544 20821014 20433204 94886893 99308432 19620495 42588115 -366048 -954969 134962354 161374782 24209404 27656303 0 0 45396030 48057176 0 0 4344375 48900599 55090575 118506033 130804054 16456321 30570728 780732497 818792703 131784297 135696350 648948200 683096353 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 112475604 27656303 99247187 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 1,100 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. 112475604 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 1 1811 0 1 1444 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Avenue Claremont CA 91711 Amy Marcus-Newhall President 40.00 1.00 X X 579500 0 47409 Laura Hockett Board Chair/Trustee 4.00 1.00 X X 0 0 0 Robert Sacks Co-Vice Chair/Trustee 2.00 0.00 X X 0 0 0 Kalpana Rhodes Co-Vice Chair/Trustee 2.00 0.00 X X 0 0 0 Robert Adler Trustee (as of 07/24) 1.00 0.00 X 0 0 0 Hannah Alalou Trustee (as of 07/24) 1.00 0.00 X 0 0 0 Dominique Cantwell Trustee 2.00 0.00 X 0 0 0 Deborah David Trustee 2.00 0.00 X 0 0 0 Linda Davila Trustee (as of 07/24) 1.00 0.00 X 0 0 0 Libby Greig DeMeo Trustee 2.00 0.00 X 0 0 0 Stephanie Doan Trustee 1.00 0.00 X 0 0 0 Patricia Y Fechner Trustee 2.00 0.00 X 0 0 0 Deirdre Giblin Trustee 2.00 0.00 X 0 0 0 Joan Isaacs Trustee 2.00 0.00 X 0 0 0 Patricia Jackson Trustee 2.00 0.00 X 0 0 0 Christophe Jungels-Winkler Trustee 1.00 0.00 X 0 0 0 Kathie Kim Trustee 2.00 0.00 X 0 0 0 Jennifer McDonnell Trustee 2.00 0.00 X 0 0 0 Suzanne Ely Muchnic Trustee 1.00 0.00 X 0 0 0 Beth Nolan Trustee 4.00 0.00 X 0 0 0 Karen Piacentini Trustee (as of 07/24) 1.00 0.00 X 0 0 0 Emily Rankin Trustee 4.00 0.00 X 0 0 0 H Mac Riley Trustee 4.00 0.00 X 0 0 0 Chapman Taylor Trustee (as of 07/24) 1.00 0.00 X 0 0 0 Lynne Thompson Trustee 1.00 0.00 X 0 0 0 Brooke Tomblin Trustee 2.00 0.00 X 0 0 0 Carolyn Wu Trustee 4.00 0.00 X 0 0 0 Katherine Wyble Trustee 4.00 0.00 X 0 0 0 Sara Zion Trustee 1.00 0.00 X 0 0 0 Dean Calvo VP - Business Affairs/Treasurer 40.00 1.00 X 376407 0 79588 Denise Nelson Nash VP/Secretary of the Board 40.00 0.00 X 272884 0 43555 Diane Holmes - AVP - Business Affairs/Assistant Treasurer 40.00 0.00 X 255958 0 50958 Mary Hatcher-Skeers - VP - Acad Aff/Dean of Fac (as of 07/24) 40.00 0.00 X 207880 0 51871 Mia Alonzo Assistant VP/Controller 4.00 20.00 X 0 201562 42581 Binti Harvey - VP - External Relations & Inst Advancement 40.00 0.00 X 325675 0 66708 DeMethra LaSha Bradley - VP - Student Affairs/Dean of Students 40.00 0.00 X 285640 0 54331 Victoria Romero VP for Admissions 40.00 0.00 X 260644 0 41553 Ulysses Sofia Faculty 40.00 0.00 X 314962 0 58217 Jennifer Berklas - AVP - Human Capital & Risk Management 40.00 0.00 X 266843 0 41456 Enrique Gonzalez-Salgado AVP - Philanthropy 40.00 0.00 X 218729 0 55909 Jeffrey Sessler - Executive Director - Information Technology 40.00 0.00 X 214435 0 45926 Marion Preest Faculty 40.00 0.00 X 215429 0 38267 Suzanne Keen Former President/Faculty 40.00 0.00 X 190695 0 56498 3985681 201562 774827 117 1 1 0 KAR Construction Inc 1306 W Brooks Street Ontario CA 917623611 Construction 15988475 Bon Apetit PO Box 50196 Los Angeles CA 900740196 Food Services 4947770 Cambridge Associates LLC 13528 Collection Center Drive Chicago IL 60693 Investment Management Services 1270028 Brian R Bloom 350 South Milliken Avenue Suite G Ontario CA 917617844 Architecture 1166215 Invero Group Inc 10722 Arrow Route Suite 802 Rancho Cucamonga CA 91730 Employment Agency 725323 31 294770 20138434 3409301 20433204 Tuition, Room & Board 611600 96467033 96467033 Fed Grants & Contracts 611600 959420 959420 Co-Curricular Op. 611600 295676 295676 Inventory Sales 459900 38714 38714 1547589 1486344 61245 99308432 17991085 14235821 3755264 25882 25882 920742 1901593 -980851 -980851 -980851 187083550 162486520 24597030 24597030 24597030 161374782 99247187 14297066 27397325 27656303 27656303 3234203 1340192 1520042 373969 262139 131069 65535 65535 33042220 29167280 2104343 1770597 3478394 3074233 233447 170714 5475988 4600906 594439 280643 2564232 2170123 255755 138354 808946 808946 590020 282125 305568 2327 234945 234945 2651506 2651506 4868094 4113303 475051 279740 429457 305797 34450 89210 5036059 4811465 138781 85813 1524451 1117660 345571 61220 2504315 1631179 765604 107532 1447928 1185236 100801 161891 805484 644209 62862 98413 3953135 3593282 317201 42652 223900 130143 88320 5437 9866995 8959575 706802 200618 805880 803380 2500 Related Orgs and Affili 16786488 14663259 2006956 116273 Repairs & Maintenance 1697952 1603632 80500 13820 Books 172092 170202 1636 254 Non-Capitalized Equipme 137953 128389 8892 672 544975 187096 81688 276191 130804054 112475604 13984075 4344375 289382 102193 25467803 47085073 12708328 13728592 1335083 4159875 264225 410394 24410 29534 949308 1124617 304635182 121117818 179427621 183517364 243094386 284220941 261470198 227659735 33441486 33732336 22260267 23022049 780732497 818792703 11174666 7937341 1550121 1344268 113708791 121204573 113592 54896 5237127 5155272 131784297 135696350 X 148409394 159957489 500538806 523138864 648948200 683096353 780732497 818792703 X 30570728 18629496 -15052071 X 0 1 X 1 1 1 X 9748939 6621087 8617840 20821014 20433204 66242084 9748939 6621087 8617840 20821014 20433204 66242084 10661368 55580716 2089339 2837243 2887230 3684565 4701888 16200265 39114 3057476 1757158 9403578 14257326 1800831 1800831 98500506 418850376 0.56430 0.64410 X Schedule A, Part II, Line 10, Explanation of Other Income: Insurance Proceeds RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 740947 22504597 X X X X 0 0 1 X 508523120 4481201 49868043 4977392 14449982 1785124 541659866 479810066 7883711 42481907 4640433 14795286 2216845 508523120 461984982 4259198 34337050 4469073 14133776 2168315 479810066 542361961 2070521 -62217342 3066291 15508404 1655463 461984982 377593995 3740526 185296421 5679783 17450256 1138942 542361961 0.10700 0.36210 0.53090 1 0 15824428 15824428 1078223 238038941 96505335 142611829 7931471 4866855 3064616 23197988 15711966 7486022 18564131 4033662 14530469 183517364 Private equity 160191928 F Diversifying hedge funds 54747710 F Growth oriented hedge funds 11843394 F Other investments 876703 F 227659735 Life income and annuities payable 3143701 Asset retirement obligation 1417282 Finance lease obligation 536654 Government advances for student loans 57635 5155272 X 138671078 18629496 2509343 21138839 117532239 2651506 41191037 43842543 161374782 104522925 3325593 3325593 101197332 2651506 26955216 29606722 130804054 Part III, Line 4: The College capitalizes its collections of works of art and rare books at their appraised or estimated fair value upon date of gift. In some cases, collection items held solely for their potential educational value or historic significance, or where the cost to establish the current fair value was deemed to exceed the benefit, were not assigned value for the purpose of capitalization. Purchased collections are valued at cost. If the College decides to sell collections proceeds from sales of will be used to acquire other items for the collection or support the direct care of existing collections. Part IV, Line 2b: The amounts in Funds Held in Trust for Others are funds held for third party remainderman on charitable remainder trusts and an amount for a private loan program. The amount held for the third party remainderman is held by a third party administrator and the loan program is held with the College. Part V, Line 4: The College invests its endowment with the objective to preserve and enhance its purchasing power to support the core mission of the College. The Board of Trustees has adopted a spending policy for pooled investments whereby the amount of investment return available for current operations is determined by applying 4.5% to the twenty-quarter average market value of pooled investments for both years ended June 30, 2025 and 2024. The Board of Trustees of the College interprets the California Uniform Prudent Management of Institutional Funds (UPMIFA) to state that the College, in the absence of explicit donor stipulations to the contrary, may appropriate for expenditure or accumulate so much of an endowment as the College determines prudent for the uses, benefits, purposes, and duration for which the endowment fund is established. The College classifies perpetual endowment funds as net assets with donor restrictions, the original value of gifts to the endowment and the accumulations made in accordance with the donor intent until those amounts are appropriated for expenditure by the College in a manner consistent with the standard of prudence prescribed by California UPMIFA which includes the: (1) Duration and preservation of the fund (2) Mission of the College and endowment fund purpose (3) General economic conditions (4) Possible effects of inflation or deflation (5) Expected total return from income and appreciation and depreciation of investments (6) Other resources of the College (7) Investment policy 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 has no unrecognized tax benefits as of June 30, 2025 and 2024. Part XI, Line 2d - Other Adjustments: Actuarial Adjustment of Annuity and Life Income Liabilities 607,750. Rental Expense 1,901,593. Part XI, Line 4b - Other Adjustments: Student Financial Aid 26,955,216. Unrelated Business Income/Loss from Alternative Investments 14,235,821. Part XII, Line 2d - Other Adjustments: Rental Expense 1,901,593. Capital Contribution to SPPH 1,424,000. Part XII, Line 4b - Other Adjustments: Student Financial Aid 26,955,216. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The racially nondiscriminatory policy is stated in brochures, the College catalog, and is accessible on the College's website. The College is working to have the policy stated on its homepage for the subsequent tax year. Schedule E, Part I, Line 6 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. Central America and the Caribbean 0 0 Investments 207254030 Europe 0 0 Investments 1235027 East Asia and the Pacific 0 0 Investments 4437229 0 0 0 0 0 0 212926286 0 212926286 1 0 1 1 1 0 Part I, line 3: Accrual Method 1 Student Financial Aid 665 26955216 Other Awards 347 527163 FSEOG 45 173924 Part I, Line 2: Grants for tuition assistance (Student Financial Aid and FSEOG) are non-cash transactions and are applied directly to each student account to offset student charges. All other awards are direct grants to students with physical checks or ACH transactions being processed. Outstanding checks are monitored to ensure that checks are received and cashed. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Amy Marcus-Newhall President 579500 0 0 0 0 0 41400 0 6009 0 626909 0 0 0 Dean Calvo VP - Business Affairs/Treasurer 376407 0 0 0 0 0 41400 0 38188 0 455995 0 0 0 Binti Harvey - VP - External Relations & Inst Advancement 325675 0 0 0 0 0 40039 0 26669 0 392383 0 0 0 Ulysses Sofia Faculty 314962 0 0 0 0 0 38559 0 19658 0 373179 0 0 0 DeMethra LaSha Bradley - VP - Student Affairs/Dean of Students 285640 0 0 0 0 0 35002 0 19329 0 339971 0 0 0 Denise Nelson Nash VP/Secretary of the Board 272884 0 0 0 0 0 32996 0 10559 0 316439 0 0 0 Jennifer Berklas - AVP - Human Capital & Risk Management 266417 0 426 0 0 0 32119 0 9337 0 308299 0 0 0 Diane Holmes - AVP - Business Affairs/Assistant Treasurer 255682 0 276 0 0 0 31225 0 19733 0 306916 0 0 0 Victoria Romero VP for Admissions 260644 0 0 0 0 0 31509 0 10044 0 302197 0 0 0 Enrique Gonzalez-Salgado AVP - Philanthropy 218729 0 0 0 0 0 27383 0 28526 0 274638 0 0 0 Jeffrey Sessler - Executive Director - Information Technology 214435 0 0 0 0 0 26275 0 19651 0 260361 0 0 0 Mary Hatcher-Skeers - VP - Acad Aff/Dean of Fac (as of 07/24) 207880 0 0 0 0 0 26070 0 25801 0 259751 0 0 0 Marion Preest Faculty 215429 0 0 0 0 0 26234 0 12033 0 253696 0 0 0 Suzanne Keen Former President/Faculty 190695 0 0 0 0 0 23872 0 32626 0 247193 0 0 0 Mia Alonzo Assistant VP/Controller 0 200602 0 0 0 960 0 21193 0 21388 0 244143 0 0 Part I, Line 1a The President's written contract allows for first-class travel when traveling during off-peak hours or foregoing a one-night hotel stay. The value of first-class travel was not included in taxable compensation. A California Municipal Finance Authority 201563466 000000000 2020-10-20 99500000 See Part VI 0 0 0 B California Municipal Finance Authority 201563466 000000000 2022-07-14 25000000 SPPH guarantee 0 0 0 C California Municipal Finance Authority 201563466 000000000 2024-09-19 33200000 See Part VI 0 0 0 D California Municipal Finance Authority 201563466 000000000 2024-01-11 5000000 SPPH guarantee 0 0 0 A 11014502 99500000 180570 99319430 2020 1 0 1 1 B 505464 24875000 146696 24728304 2024 0 0 1 1 C 33200000 304198 32895802 2025 0 1 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 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 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 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 1 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part I, line A, column (f): Description of Purpose: To refund the CMFA 2017 Tax-Exempt Loan and for the purchase and renovation of various college buildings. Schedule K, Part I, line C, column (f): Description of Purpose: To refund the promissory note regarding purchase of real property from another member of the Claremont Colleges, reimburse the College for the cash deposit of issue in connection with the purchase of real property described above, and pay loan issuance fees and expenses. David Dubard Family member of trustee, Diedre Giblin 114830 Investment management fees 1 X 13 622870 FMV X 118077 FMV X 28 2668354 FMV 6 0 1 0 Part I, Column (b): The College is reporting the number of contributions in column (b). Form 990, Part VI, Section A, line 1a The Executive Committee is composed of the Chair of the Board, the Vice-Chair(s) of the Board, the President of the College, the Chair of each Standing Committee of the Board of Trustees, the Chair of each committee of the Board of Trustees, and such other Trustees appointed. Subject to limitations contained in California Corporations Code Section 5212(a) and additional limitations contained in the Scripps College Bylaws, when the Scripps College Board of Trustees is not in session, the Executive Committee has the authority of the Board of Trustees. Form 990, Part VI, Section A, line 7a The Board of Trustees has three ex-officio trustees: the President of the College, the President of the College's Alumnae Association, and the Chair of the Scripps Association of Families. Two Recent Graduate Trustees are elected by the Alumnae Association. Form 990, Part VI, Section B, line 11b Scripps utilizes a process for review of the IRS Form 990 Return of Organization Exempt From Income Tax (Form 990) 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 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 Controller, Associate Controller, Budget Manager, Associate Vice President for Business Affairs/Assistant Treasurer and Senior Accountant. After this review and any resulting changes are complete, the Trustees are provided a copy of the Form 990 for questions and comments in mid-April. Once questions and comments from the ARC Committee are fielded and issues resolved, the ARC Committee endorses the Form 990. The Form 990 with redacted Schedule B, Schedule of Contributors, 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 upon request. Form 990, Part VI, Section B, line 12c All officers, trustees and key employees sign a conflict of interest policy and periodically disclose relationships which may give rise to a conflict of interest. All disclosures are reviewed annually by the Trusteeship and Governance Committee and the Audit, Risk, and Compliance (ARC) Committee of the Board of Trustees. Covered members must promptly disclose new potential conflicts to the Chair of the Board, the Chair of the ARC Committee, or the President. Following such disclosure, the Executive Committee of the Board will determine whether a conflict of interest exists. In the event that a conflict is discovered during a board or committee meeting, the member with the potential conflict will be recused from the discussion and vote as deemed appropriate. Form 990, Part VI, Section B, line 15 The Compensation Sub-Committee is a sub-committee of the Executive Committee of the Board of Trustees and is composed solely of independent Trustees. The Compensation Sub-Committee has the primary responsibility for reviewing and approving the compensation of the President and VP Business Affairs/Treasurer, and it is advisory to the President with respect to the compensation of other members of the Senior Staff. In completing its review and approval, the Compensation Sub-Committee considers compensation data from higher education nationwide and regionally. All compensation changes are reviewed by the Sub-Committee and memorialized in minutes. The Compensation Sub-Committee submits the President and VP Business Affairs/Treasurer compensation adjustments to the Executive Committee for final approval. The approval of the President and VP Business Affairs/Treasurer compensation are memorialized in minutes. The last compensation analysis and approval was performed in June 2025 for both the President and VP Business Affairs/Treasurer compensation. The review of compensation of other officers and key employees was conducted by the President of the College, who solicited the advice and counsel of the Compensation Sub-Committee, which reviews comparability data. Form 990, Part VI, Section C, line 19 The College's governing documents and conflict of interest policy are made available to the public upon request. The College's audited financial statements are available on the College's website and upon request from the Treasurer's Office. Form 990, Part XI, line 9: Unrelated Business Income/Loss from Alternative Investments -14,235,821. Actuarial Adjustment of Annuity and Life Income Liabilities 607,750. Capital Contribution to SPPH -1,424,000. The Claremont Colleges Inc 101 S Mills Ave Claremont CA 91711 954786748 Provide academic and business services CA 501(c)(3) Line 12a, I N/A 0 Scripps-Pitzer Property Holdings LLC 1030 North Columbia Ave Claremont CA 91711 842206074 Property holding CA N/A Related -1656438 63659970 0 1 0.50000 Charitable Remainder Unitrusts (6) Holding Co CA N/A T 1 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 Scripps-Pitzer Property Holdings LLC D 4414340 Loan guarantee Scripps-Pitzer Property Holdings LLC B 1424000 Cash basis