REED INSTITUTE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- REED INSTITUTE (EIN 93-0386908)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-11
- IRS object ID
- 202631319349304193
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-11T15:57:28-07:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930386908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REED INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | REED | BusinessNameControlTxt |
| Phone | 5037777505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3203 SE Woodstock Blvd | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 972028199 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert Tust | PersonNm |
| Person Title | Associate Treasurer and Controller | PersonTitleTxt |
| Phone | 5037777505 | PhoneNum |
| Signature | 2026-03-02 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REED COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT TUST | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BUSINESS OFFICE | AddressLine1Txt |
| Address Line2 | 3203 SE WOODSTOCK BLVD | AddressLine2Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $398,086,791 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.reed.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1908 | FormationYr |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Activity Or Mission | Provide education in the liberal arts and sciences | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 1703 | TotalEmployeeCnt |
| Total Volunteers | 595 | TotalVolunteersCnt |
| Total Gross UBI | $12,217,613 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $12,131,734 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $34,644,039 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,522,133 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $117,016,245 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $115,084,344 | CYProgramServiceRevenueAmt |
| PY Investment Income | $52,927,966 | PYInvestmentIncomeAmt |
| CY Investment Income | $91,184,922 | CYInvestmentIncomeAmt |
| PY Other Revenue | $107,263 | PYOtherRevenueAmt |
| CY Other Revenue | -$163,348 | CYOtherRevenueAmt |
| PY Total Revenue | $204,695,513 | PYTotalRevenueAmt |
| CY Total Revenue | $234,628,051 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $41,032,815 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $41,260,781 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $68,971,326 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $72,156,475 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $42,995 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $284,086 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,655,811 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $48,191,411 | PYOtherExpensesAmt |
| CY Other Expenses | $51,504,303 | CYOtherExpensesAmt |
| PY Total Expenses | $158,238,547 | PYTotalExpensesAmt |
| CY Total Expenses | $165,205,645 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $46,456,966 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $69,422,406 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,135,702,740 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,218,420,100 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $180,387,429 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $187,186,631 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $955,315,311 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,031,233,469 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of Reed College is to provide education in the liberal arts and sciences. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,219,964 | ExpenseAmt |
| Revenue | $3,219,964 | RevenueAmt |
| Desc | The Institute had 26 research grants funded with federal funds. Departments funded were Biology, Chemistry, Physics, Psychology, Math, Sociology, and the nuclear reactor. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $123,633,762 | ExpenseAmt |
| Grant | $41,260,781 | GrantAmt |
| Revenue | $94,313,964 | RevenueAmt |
| Desc | 1,332 FTE Students as of Fall 2024, 410 degrees conferred 24/25. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $23,577,129 | ExpenseAmt |
| Revenue | $17,550,416 | RevenueAmt |
| Desc | Auxiliary services - students living in dorms, using dining facilities and bookstore. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $150,430,855 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1931 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1703 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (1) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lynn Valenter | PersonNm |
| Phone | 5037777240 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Vice President and Treasurer | AddressLine1Txt |
| Address Line2 | 3203 SE Woodstock Blvd | AddressLine2Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 972028199 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Audrey Bilger | |||||||||
| President | 40 | 0 | Yes (X) | Yes (X) | $785,892 | $0 | $53,807 | ||
| Erik Bernhardt | |||||||||
| Chief Investment Officer | 40 | 0 | $470,727 | $0 | $59,539 | Yes (X) | |||
| Lynn Valenter | |||||||||
| Vice President of Finance and Treasurer | 40 | 0 | Yes (X) | $384,852 | $0 | $53,807 | |||
| Kathryn Oleson | |||||||||
| Dean of the Faculty | 40 | 0 | Yes (X) | $260,978 | $0 | $48,371 | |||
| Milyon Trulove | |||||||||
| Vice President and Dean of Admission and Financial Aid | 40 | 0 | Yes (X) | $253,378 | $0 | $50,640 | |||
| Hugh Porter | |||||||||
| Vice President for College Relations and Planning (through 6/30/24) | 40 | 0 | Yes (X) | $265,733 | $0 | $36,926 | |||
| Andrew Lonergan | |||||||||
| Director of Investments | 40 | 0 | $251,314 | $0 | $42,566 | Yes (X) | |||
| Valerie Moreno | |||||||||
| Chief Information & Security Officer | 40 | 0 | $242,629 | $0 | $43,256 | Yes (X) | |||
| Karnell McConnell-Black | |||||||||
| Vice President for Student Life | 40 | 0 | Yes (X) | $239,473 | $0 | $34,602 | |||
| Phyllis Esposito | |||||||||
| Vice President and Dean for Institutional Diversity | 40 | 0 | Yes (X) | $213,045 | $0 | $40,612 | |||
| Sheena McFarland | |||||||||
| Executive Director Public Affairs & Communications | 40 | 0 | $204,942 | $0 | $39,472 | Yes (X) | |||
| Sarah Panetta | |||||||||
| Executive Director of Advancement | 40 | 0 | $207,603 | $0 | $33,776 | Yes (X) | |||
| Robert Tust | |||||||||
| Associate Treasurer and Controller | 40 | 0 | $206,685 | $0 | $34,601 | Yes (X) | |||
| Hieu Nguyen | |||||||||
| Vice President for Advancement and College Relations (from 7/1/24) | 40 | 0 | Yes (X) | $182,086 | $0 | $12,540 | |||
| M Jane Buchan | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Julie JL Cheng '84 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Laurence 'Larry' Abramson '80 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Julia P Adams '80 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Lizbeth A Adams '79 | |||||||||
| Trustee (from 4/2025) | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alea Adigweme '06 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Konrad S Alt '81 | |||||||||
| Trustee (through 4/2025) | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Michael S Axley '89 | |||||||||
| Trustee (through 4/2025) | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Carla J Beam '76 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Peter J Bragdon | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas O Daniel | |||||||||
| Trustee-Vice Chair | 1 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kurt D Delbene | |||||||||
| Trustee (from 4/2025) | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Nicholas G Galakatos '79 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Edward 'Ned' Hall '87 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| George M James '77 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Deborah D Kamali '85 | |||||||||
| Trustee-Chair | 1 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Amy M Madigan | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alex J Martinez '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Winthrop 'Win' McCormack | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Margaret Hill Noto '75 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Eduardo M Ochoa '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Ritankar 'Ronti' Pal '93 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Darlene D Pasieczny '01 | |||||||||
| Trustee-Secretary | 1 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Roger M Perlmutter '73 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| John P Sheehy '82 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Tina Sohaili-Korbonits '07 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Susan Sokol Blosser '86 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Alice Larkin Steiner '74 | |||||||||
| Trustee (through 4/2025) | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Peter C Stockman '77 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Richard 'Rick' H Wollenberg '75 | |||||||||
| Trustee | 1 | 0 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,169,337 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $584,515 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 163 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Ameresco Inc | ||||||||||
| 111 Speen St Ste 410 | Framingham | MA | 01701 | Construction | $6,209,091 | |||||
| Bon Appetit | ||||||||||
| Suite 100 | Menlo Park | CA | 94025 | Food service | $5,857,734 | 2730 Sand Hill Road | ||||
| Fortis Construction Inc | ||||||||||
| 1705 SW Taylor St Ste 200 | Portland | OR | 97205 | Construction | $3,102,564 | |||||
| Otto Harrassowitz | ||||||||||
| Library services | $1,871,000 | 65174 Wiesbaden | Allenmagne | GM | 65174 | |||||
| Reimers & Jolivette Inc | ||||||||||
| 2344 NW 24th Ave | Portland | OR | 972102132 | Construction | $1,649,385 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 45 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $3,359,264 | GovernmentGrantsAmt |
| All Other Contributions | $25,162,869 | AllOtherContributionsAmt |
| Noncash Contributions | $3,039,995 | NoncashContributionsAmt |
| Total Contributions | $28,522,133 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and fees | 611310 | $95,793,131 | $95,793,131 | $0 | $0 |
| Aux-Dorm fees | 611710 | $8,754,820 | $8,754,820 | $0 | $0 |
| Aux-Cafeteria fees | 611710 | $7,199,021 | $7,199,021 | $0 | $0 |
| Aux-Bookstore fees | 611710 | $820,378 | $820,378 | $0 | $0 |
| Other fees | 611310 | $2,516,994 | $2,516,994 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $115,084,344 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,631,903 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,746,412 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$10,114,509 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $530,192 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $693,540 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$163,348 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$163,348 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$163,348 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $252,318,219 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $162,765,200 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $89,553,019 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,553,019 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $471,201 | UnrelatedBusinessRevenueAmt |
| Exclusion | $89,081,818 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $234,628,051 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $115,084,344 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $12,217,613 | UnrelatedBusinessRevenueAmt |
| Exclusion | $78,803,961 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,260,781 | TotalAmt |
| Program Services | $41,260,781 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,590,853 | TotalAmt |
| Program Services | $965,707 | ProgramServicesAmt |
| Management And General | $2,204,549 | ManagementAndGeneralAmt |
| Fundraising | $420,597 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,286,469 | TotalAmt |
| Program Services | $45,272,555 | ProgramServicesAmt |
| Management And General | $1,940,053 | ManagementAndGeneralAmt |
| Fundraising | $3,073,861 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,586,683 | TotalAmt |
| Program Services | $3,936,355 | ProgramServicesAmt |
| Management And General | $352,838 | ManagementAndGeneralAmt |
| Fundraising | $297,490 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,941,446 | TotalAmt |
| Program Services | $8,531,886 | ProgramServicesAmt |
| Management And General | $764,762 | ManagementAndGeneralAmt |
| Fundraising | $644,798 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,751,024 | TotalAmt |
| Program Services | $3,219,180 | ProgramServicesAmt |
| Management And General | $288,554 | ManagementAndGeneralAmt |
| Fundraising | $243,290 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,347 | TotalAmt |
| Program Services | $478,071 | ProgramServicesAmt |
| Management And General | $27,792 | ManagementAndGeneralAmt |
| Fundraising | $17,484 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,684 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $210,684 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,086 | TotalAmt |
| Fundraising | $284,086 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,152,819 | TotalAmt |
| Program Services | $18,046,397 | ProgramServicesAmt |
| Management And General | $981,398 | ManagementAndGeneralAmt |
| Fundraising | $125,024 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,507,626 | TotalAmt |
| Program Services | $7,268,971 | ProgramServicesAmt |
| Management And General | $147,053 | ManagementAndGeneralAmt |
| Fundraising | $91,602 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,346,646 | TotalAmt |
| Program Services | $1,241,031 | ProgramServicesAmt |
| Management And General | $56,813 | ManagementAndGeneralAmt |
| Fundraising | $48,802 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,305,154 | TotalAmt |
| Program Services | $3,222,476 | ProgramServicesAmt |
| Management And General | $70,168 | ManagementAndGeneralAmt |
| Fundraising | $12,510 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,919,017 | TotalAmt |
| Program Services | $2,451,923 | ProgramServicesAmt |
| Management And General | $185,132 | ManagementAndGeneralAmt |
| Fundraising | $281,962 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,006,327 | TotalAmt |
| Program Services | $4,730,387 | ProgramServicesAmt |
| Management And General | $234,187 | ManagementAndGeneralAmt |
| Fundraising | $41,753 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,897,010 | TotalAmt |
| Program Services | $8,442,473 | ProgramServicesAmt |
| Management And General | $385,761 | ManagementAndGeneralAmt |
| Fundraising | $68,776 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,785,258 | TotalAmt |
| Program Services | $706,415 | ProgramServicesAmt |
| Management And General | $1,078,843 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Bookstore cost of goods | $489,544 | $489,544 | $0 | $0 |
| Dues and memberships | $271,633 | $129,672 | $138,289 | $3,672 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,238 | TotalAmt |
| Program Services | $37,031 | ProgramServicesAmt |
| Management And General | $52,103 | ManagementAndGeneralAmt |
| Fundraising | $104 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,205,645 | TotalAmt |
| Program Services | $150,430,855 | ProgramServicesAmt |
| Management And General | $9,118,979 | ManagementAndGeneralAmt |
| Fundraising | $5,655,811 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,429 | BOYAmt |
| EOY | $36,762 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,400,328 | BOYAmt |
| EOY | $6,931,590 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,530,856 | BOYAmt |
| EOY | $13,804,782 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,604,836 | BOYAmt |
| EOY | $1,130,007 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,949 | BOYAmt |
| EOY | $34,076 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,488,593 | BOYAmt |
| EOY | $1,406,912 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $848,266 | BOYAmt |
| EOY | $901,570 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $334,950,364 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $147,528,664 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,684,600 | BOYAmt |
| EOY | $187,421,700 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,072,996 | BOYAmt |
| EOY | $144,995,104 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $775,150,072 | BOYAmt |
| EOY | $857,845,421 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,846,815 | BOYAmt |
| EOY | $3,912,176 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,135,702,740 | BOYAmt |
| EOY | $1,218,420,100 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,121,604 | BOYAmt |
| EOY | $14,669,500 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,021,431 | BOYAmt |
| EOY | $1,101,136 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,966,202 | BOYAmt |
| EOY | $124,003,614 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,278,192 | BOYAmt |
| EOY | $47,412,381 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,387,429 | BOYAmt |
| EOY | $187,186,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,145,769 | BOYAmt |
| EOY | $538,448,967 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,169,542 | BOYAmt |
| EOY | $492,784,502 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $955,315,311 | BOYAmt |
| EOY | $1,031,233,469 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,135,702,740 | BOYAmt |
| EOY | $1,218,420,100 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $69,422,406 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,180,290 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$3,684,538 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,742,377 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,672,636 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,438,552 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,644,039 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,522,134 | CurrentTaxYearAmt |
| Total | $128,019,738 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,742,377 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,672,636 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,438,552 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,644,039 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,522,134 | CurrentTaxYearAmt |
| Total | $128,019,738 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,052,771 | SubstantialContributorsTotAmt |
| Public Support Total170 | $116,966,967 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $182,552 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,591,242 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,113,187 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $487,882 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $530,192 | CurrentTaxYearAmt |
| Total | $5,905,055 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $809,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,939,304 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,131,734 | CurrentTaxYearAmt |
| Total | $14,880,292 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $5,985,829 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $725,243 | CurrentTaxYearMinus2YearsAmt |
| Total | $6,711,072 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $155,516,157 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $115,084,344 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75212 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7848 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 | FormAndLineReferenceDesc |
| Explanation | Net periodic benefit cost, excluding service cost. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 0 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $0 | DonorAdvisedFundsContriAmt |
| Funds And Other Accounts Contri | $0 | FundsAndOtherAccountsContriAmt |
| Donor Advised Funds Grants | $70,000 | DonorAdvisedFundsGrantsAmt |
| Funds And Other Accounts Grants | $0 | FundsAndOtherAccountsGrantsAmt |
| Donor Advised Funds Vl EOY | $552,674 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $0 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $790,961,122 | BeginningYearBalanceAmt |
| Contributions | $15,462,173 | ContributionsAmt |
| Investment Earnings Or Losses | $96,490,359 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,956,648 | GrantsOrScholarshipsAmt |
| Other Expenditures | $25,598,805 | OtherExpendituresAmt |
| Administrative Expenses | $1,411,775 | AdministrativeExpensesAmt |
| End Year Balance | $863,946,426 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $720,867,118 | BeginningYearBalanceAmt |
| Contributions | $9,214,767 | ContributionsAmt |
| Investment Earnings Or Losses | $96,958,900 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,026,716 | GrantsOrScholarshipsAmt |
| Other Expenditures | $23,709,891 | OtherExpendituresAmt |
| Administrative Expenses | $1,343,056 | AdministrativeExpensesAmt |
| End Year Balance | $790,961,122 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $696,435,203 | BeginningYearBalanceAmt |
| Contributions | $10,905,209 | ContributionsAmt |
| Investment Earnings Or Losses | $46,718,662 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,114,676 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,895,500 | OtherExpendituresAmt |
| Administrative Expenses | $1,181,780 | AdministrativeExpensesAmt |
| End Year Balance | $720,867,118 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $747,245,126 | BeginningYearBalanceAmt |
| Contributions | $8,981,442 | ContributionsAmt |
| Investment Earnings Or Losses | -$29,276,734 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,254,153 | GrantsOrScholarshipsAmt |
| Other Expenditures | $20,216,123 | OtherExpendituresAmt |
| Administrative Expenses | $1,044,355 | AdministrativeExpensesAmt |
| End Year Balance | $696,435,203 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $545,093,997 | BeginningYearBalanceAmt |
| Contributions | $3,583,571 | ContributionsAmt |
| Investment Earnings Or Losses | $228,220,147 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,007,314 | GrantsOrScholarshipsAmt |
| Other Expenditures | $19,705,050 | OtherExpendituresAmt |
| Administrative Expenses | $940,225 | AdministrativeExpensesAmt |
| End Year Balance | $747,245,126 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.5 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.27 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.23 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $16,062,186 | OtherCostOrOtherBasisAmt |
| Book Value | $16,062,186 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $291,287,160 | OtherCostOrOtherBasisAmt |
| Depreciation | $128,385,556 | DepreciationAmt |
| Book Value | $162,901,604 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $21,537,764 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,143,108 | DepreciationAmt |
| Book Value | $2,394,656 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $6,063,254 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $6,063,254 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $187,421,700 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Alternative investments | Desc |
| Book Value | $857,845,421 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $857,845,421 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Postretirement benefits payable | $28,197,753 |
| Liability for split-interest agreements | $12,305,089 |
| Asset retirement obligation | $6,370,462 |
| Refundable loan programs | $457,106 |
| Other | $81,971 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $47,412,381 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $202,503,041 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $10,180,290 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $10,180,290 | RevenueNotReportedAmt |
| Revenue Subtotal | $192,322,751 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $42,305,300 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $42,305,300 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $234,628,051 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $126,604,933 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $126,604,933 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $38,600,712 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $38,600,712 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $165,205,645 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 | The college's endowment funds are used for scholarships, chairs, academic support, library support, student services, and general operating support. |
| Schedule D, Part X, Line 2 | The Internal Revenue Service has recognized Reed College as exempt from tax under provisions of Section 501(a) as an organization described under Section 501(c)(3) of the Internal Revenue Code, except to the extent of unrelated business income under Sections 511 through 515 and certain excise tax programs on investment income. Management believes that unrelated business income tax, if any, is immaterial, and therefore, no tax provision has been made. The College accounts for income taxes in accordance with FASB ASC Subtopic 740-10, Income Taxes - Overall, which clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a threshold of more likely than not for recognition of tax benefits of uncertain tax positions taken or expected to be taken in a tax return. |
| Schedule D, Part XI, Line 4b | Scholarships $39,314,302; Net periodic benefit cost, excluding service cost $3,684,538; Faculty rental expenses -$693,540 |
| Schedule D, Part XII, Line 4b | Scholarships $39,314,302; Faculty rental expenses -$693,540; Grayco -$20,050 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Link to Title IX policy and Diversity, Equity and Inclusion are available on the main website - https://www.reed.edu/ |
| Schedule E, Part I, Line 6 | Financial assistance is from Title IV programs. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $294,109,000 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | $70,410,000 | |
| Middle East and North Africa | 0 | 0 | Investments | $5,711,000 | |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | $1,106,761 | Study abroad programs |
| East Asia and the Pacific | 0 | 0 | Program Services | $124,246 | Study abroad programs |
| South America | 0 | 0 | Program Services | $101,900 | Study abroad program |
| Central America and the Caribbean | 0 | 0 | Program Services | $87,100 | Study abroad programs |
| Sub-Saharan Africa | 0 | 0 | Program Services | $84,000 | Study abroad programs |
| South Asia | 0 | 0 | Program Services | $44,000 | Study abroad programs |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | $24,400 | Study abroad programs |
| Russia and Neighboring States | 0 | 0 | Program Services | $15,000 | Study abroad programs |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Spent | $371,817,407 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Ruffalo Noel Levitz | ||||||||
| PO Box 718 | Des Moines | IA | 50303 | educational fundraising | 0 | $0 | $72,700 | -$72,700 |
| Marts & Lundy | ||||||||
| 160 Chubb Ave Ste 303 | Lyndhurst | NJ | 07071 | campaign counseling and fundraising strategies consulting | 0 | $0 | $180,449 | -$180,449 |
| West Wind Consulting Strategies in Fund Raising LLC | ||||||||
| 120 Brindley St Ste 7 | Ithaca | NY | 14850 | consulting on solicitations and fundraising strategies | 0 | $0 | $30,938 | -$30,938 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $284,087 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$284,087 | TotalNetToOrganizationAmt |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| Scholarships to students for tuition, fees, room and board | 820 | $39,314,302 | $0 |
| Fellowships, research grants and other awards to students | 388 | $1,601,583 | $0 |
| Scholarships to students for course and program fees | 105 | $344,896 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | The financial aid office awards grants to students based on student financial aid application. Once classes begin, grants are disbursed to the student account where they offset tuition charges. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Audrey Bilger | ||||||||||||||
| President | $652,898 | $0 | $0 | $0 | $132,994 | $0 | $34,500 | $0 | $19,307 | $0 | $839,699 | $0 | $0 | $0 |
| Lynn Valenter | ||||||||||||||
| Vice President of Finance and Treasurer | $383,952 | $0 | $0 | $0 | $900 | $0 | $34,500 | $0 | $19,307 | $0 | $438,659 | $0 | $0 | $0 |
| Kathryn Oleson | ||||||||||||||
| Dean of the Faculty | $260,978 | $0 | $0 | $0 | $0 | $0 | $26,098 | $0 | $22,273 | $0 | $309,349 | $0 | $0 | $0 |
| Milyon Trulove | ||||||||||||||
| Vice President and Dean of Admission and Financial Aid | $252,478 | $0 | $0 | $0 | $900 | $0 | $25,248 | $0 | $25,392 | $0 | $304,018 | $0 | $0 | $0 |
| Hugh Porter | ||||||||||||||
| Vice President for College Relations and Planning (through 6/30/24) | $223,737 | $0 | $0 | $0 | $41,996 | $0 | $25,613 | $0 | $11,313 | $0 | $302,659 | $0 | $0 | $0 |
| Milyon Trulove | ||||||||||||||
| Vice President and Dean of Admission and Financial Aid | $239,473 | $0 | $0 | $0 | $0 | $0 | $23,947 | $0 | $10,655 | $0 | $274,075 | $0 | $0 | $0 |
| Phyllis Esposito | ||||||||||||||
| Vice President and Dean for Institutional Diversity | $213,045 | $0 | $0 | $0 | $0 | $0 | $21,304 | $0 | $19,307 | $0 | $253,656 | $0 | $0 | $0 |
| Hieu Nguyen | ||||||||||||||
| Vice President for Advancement and College Relations (from 7/1/24) | $167,708 | $0 | $0 | $0 | $14,377 | $0 | $0 | $0 | $12,540 | $0 | $194,625 | $0 | $0 | $0 |
| Erik Bernhardt | ||||||||||||||
| Chief Investment Officer | $380,004 | $0 | $89,823 | $0 | $900 | $0 | $34,500 | $0 | $25,039 | $0 | $530,266 | $0 | $0 | $0 |
| Andrew Lonergan | ||||||||||||||
| Director of Investments | $202,925 | $0 | $47,549 | $0 | $840 | $0 | $20,292 | $0 | $22,273 | $0 | $293,879 | $0 | $0 | $0 |
| Valerie Moreno | ||||||||||||||
| Chief Information & Security Officer | $242,629 | $0 | $0 | $0 | $0 | $0 | $24,263 | $0 | $18,993 | $0 | $285,885 | $0 | $0 | $0 |
| Sheena McFarland | ||||||||||||||
| Executive Director Public Affairs & Communications | $204,792 | $0 | $0 | $0 | $150 | $0 | $20,479 | $0 | $18,993 | $0 | $244,414 | $0 | $0 | $0 |
| Sarah Panetta | ||||||||||||||
| Executive Director of Advancement | $206,703 | $0 | $0 | $0 | $900 | $0 | $20,670 | $0 | $13,106 | $0 | $241,379 | $0 | $0 | $0 |
| Robert Tust | ||||||||||||||
| Associate Treasurer and Controller | $206,685 | $0 | $0 | $0 | $0 | $0 | $20,668 | $0 | $13,933 | $0 | $241,286 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Housing is required as a condition of employment for the President and is provided as a taxable benefit. In limited circumstances, first-class accommodations are provided for the president and companion travel for bona-fide business purposes. The college pays membership dues to health and social clubs for use by certain officers for meetings and networking related to college business. The college does not directly indemnify individuals in regard to taxes; however, it has in some circumstances, grossed-up the benefit to offset a portion of the employee's taxable benefit. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Milyon Trulove | PersonNm |
| Relationship With Org | Current officer | RelationshipWithOrgTxt |
| Loan Purpose | Housing loan | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $60,000 | OriginalPrincipalAmt |
| Balance Due | $34,076 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | 0 | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $34,076 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 46 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,039,995 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 9 | FormAndLineReferenceDesc |
| Explanation | The number reported in Part I, column (b) represents a combination of contributions and items contributed. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | An electronic draft of the Form 990 is provided to the Audit Committee of the Board of Trustees. The committee reviews, discusses, and provides input to management. After the Audit Committee accepts the Form 990, it is made available to all trustees for review. After any further trustee questions are resolved and a final copy of the return has been provided to the entire board, the Form 990 is filed. A summary of Schedule B rather than the full schedule was distributed to the Audit Committee and the entire board to maintain donor confidentiality. |
| Form 990, Part VI, Section B, Line 12c | Reed requires all officers and institutional trustees to complete a conflict of interest form annually. The form includes the college's conflict of interest policy and asks each individual about the existence of conflicts of interest. If a conflict of interest exists the officer or trustee is asked to describe the situation in their response. These forms are reviewed by the Vice-President of Finance and Treasurer, and the Chair of the Audit Committee. Persons with a conflict are prohibited from participating in board and officer deliberations and decisions related to those transactions. |
| Form 990, Part VI, Section B, Line 15 | The Executive Committee, which is comprised of independent trustees and which functions as the College's compensation committee, annually reviews presidential and officer compensation data from comparable colleges along with other data provided by the Human Resources Office. They also conduct an annual performance evaluation of the President and review of salary changes proposed by the President for other officers. Any changes in the President's compensation are approved by the Executive Committee, and communicated by the Chair of the Board of Trustees in writing to the President. These reviews are completed in June of each year. |
| Form 990, Part VI, Section C, Line 19 | Governing documents are available upon request. Conflict of interest policy and financial statements are available on the College's Office of the Treasurer website. |
| Form 990, Part IX, Line 11g | Service fees by functional area are general institution support $1,609,365; research $955,627, auxiliary enterprises $5,725,231; student services $2,629,151; plant fund $2,765,081; instruction $4,017,081; academic support $582,602; public affairs $868,681. |
| Form 990, Part XI, Line 9 | Post retirement benefit, net of service cost -$3,684,538 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David Eddings Fund LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3203 SE Woodstock Blvd | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450929229 | EIN |
| Primary Activities | Holding Company | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REED INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | Excluded | PredominantIncomeTypeTxt |
| Share Of Total Income | $213,701 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $146,761 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.67 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grayco Resources Inc | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | 930603357 | Rental Activity | OR | The Reed Institute | C | $99,167 | $1,050,111 | 1 | Yes (1) |
| Charitable remainder trust (27) | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | Trust | OR | The Reed Institute | T | 0 | ||||
| Pooled Income Fund (1) | ||||||||||||
| 3203 SE Woodstock Blvd | Portland | OR | 97202 | Pooled Income Fund | OR | The Reed Institute | T | 0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grayco Resources Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | k | TransactionTypeTxt |
| Involved | $35,000 | InvolvedAmt |
| Method Of Amount Determination | lease payments | MethodOfAmountDeterminationTxt |