CLAREMONT MCKENNA COLLEGE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CLAREMONT MCKENNA COLLEGE (EIN 95-1664101)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202411369349309626
- Schema version
- 2022v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T13:15:43-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 West March Lane Suite 200 | AddressLine1Txt |
| City | Stockton | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951664101 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 9096218043 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E Ninth Street NA | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mia Alonzo | PersonNm |
| Person Title | Controller | PersonTitleTxt |
| Phone | 9096218043 | PhoneNum |
| Signature | 2024-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Mia | PersonFirstNm |
| Person Last | Alonzo | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tracy S Paglia | PreparerPersonNm |
| PTIN | P00366884 | PTIN |
| Phone | 2099556100 | PhoneNum |
| Preparation | 2024-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Hiram Chodosh | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E Ninth Street N/A | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $395,153,309 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.cmc.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Claremont McKenna College's mission is to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions. Claremont McKenna College emphasizes economics and political science; promotes faculty and student scholarship that contributes to intellectual vitality and an understanding of public policy issues; supports a professoriate that is dedicated to effective undergraduate teaching; reinforces a close student-teacher relationship that fosters critical inquiry; sustains an active residential and intellectual environment; sponsors scholarly support for a faculty of teacher scholars; and champions freedom of expression, viewpoint diversity, and constructive dialogue, as well as institutional neutrality through The Open Academy. | ActivityOrMissionDesc |
| Voting Members Governing Body | 39 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 2041 | TotalEmployeeCnt |
| Total Volunteers | 1034 | TotalVolunteersCnt |
| Total Gross UBI | $4,354 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $222,664,713 | PYContributionsGrantsAmt |
| CY Contributions Grants | $41,888,743 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $114,749,394 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $113,973,709 | CYProgramServiceRevenueAmt |
| PY Investment Income | $126,974,322 | PYInvestmentIncomeAmt |
| CY Investment Income | $64,221,909 | CYInvestmentIncomeAmt |
| PY Other Revenue | $910,980 | PYOtherRevenueAmt |
| CY Other Revenue | $2,631,017 | CYOtherRevenueAmt |
| PY Total Revenue | $465,299,409 | PYTotalRevenueAmt |
| CY Total Revenue | $222,715,378 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,510,879 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $32,663,680 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $75,426,870 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $79,625,688 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,829,076 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $90,547,888 | PYOtherExpensesAmt |
| CY Other Expenses | $97,485,601 | CYOtherExpensesAmt |
| PY Total Expenses | $197,485,637 | PYTotalExpensesAmt |
| CY Total Expenses | $209,774,969 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $267,813,772 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,940,409 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,409,070,336 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,392,275,877 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $656,502,452 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $614,089,734 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,752,567,884 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,778,186,143 | NetAssetsOrFundBalancesEOYAmt |
| Mission | See Schedule O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $167,798,164 | ExpenseAmt |
| Grant | $32,663,680 | GrantAmt |
| Revenue | $113,973,709 | RevenueAmt |
| Desc | See Schedule OClaremont McKenna College, one of the nation's top liberal arts colleges, prepares students to make a difference. Since 1946, Claremont McKenna College's mission has been to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions. The College attracts a student bodythat is broadly diverse and accomplished beyond the classroom.Claremont McKenna is a member of The Claremont Colleges, a seven-college consortium modeled after Oxford University. Students have the best of both worlds: the intimacy of a small residential college with small classes and a student-faculty ratio of eight to one, and the shared resources of a larger research university.Renowned for expertise in economics, government, humanities, and the sciences, Claremont McKenna has been a leader in freedom of expression, viewpoint diversity, and constructive dialogue, as well as institutional neutrality through The Open Academy. The College emphasizes the integration of leadership and innovation experience within eleven world-class research institutes, the Marian Miner Cook Athenaeum, and sponsored off-campus internships. More than 90% of students complete internships and nearly half study off-campus during their four years.The Soll Center for Student Opportunity provides all students with advising, mentoring and networking support that is tailored to each student's professional goals. Many Claremont McKenna graduates go on to receive prestigious post-graduate fellowships and degrees in business, law, medicine, and many other fields. CMC alumni thrive in a wide range of careers including consulting, education, business, government, media, nonprofit leadership, science, and technology. Claremont McKenna excels nationally in post-graduate job placement and career success. | Desc |
| Total Program Service Expenses | $167,798,164 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | 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 | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2250 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2041 | 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 | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 39 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | Yes (1) | 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 | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mia Alonzo | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9096218043 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 S Mills Ave | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (52 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 |
|---|---|---|---|---|---|---|---|---|---|
| Hiram Chodosh | |||||||||
| President | 40.00 | 1.00 | Yes (X) | Yes (X) | $899,363 | $0 | $189,264 | ||
| James Floyd | |||||||||
| VP and Chief Investment Officer | 1.00 | 41.00 | $753,750 | $0 | $84,608 | Yes (X) | |||
| Nishant Dass | |||||||||
| Faculty | 40.00 | 0.00 | $403,278 | $0 | $85,630 | Yes (X) | |||
| Ran Libeskind-Hadas | |||||||||
| Faculty | 40.00 | 0.00 | $374,609 | $0 | $106,865 | Yes (X) | |||
| Michael Denny | |||||||||
| VP and Deputy CIO | 1.00 | 41.00 | $382,500 | $0 | $72,306 | Yes (X) | |||
| Heather Antecol - VP for | |||||||||
| Academic Affairs and Dean of Faculty and Bo | 40.00 | 0.00 | $351,979 | $0 | $77,854 | Yes (X) | |||
| Matthew Bibbens | |||||||||
| VP of Campus Planning and Capital Projects, and Sp | 40.00 | 2.00 | Yes (X) | $350,087 | $0 | $71,296 | |||
| Eric Helland | |||||||||
| Faculty | 40.00 | 0.00 | $353,558 | $0 | $63,399 | Yes (X) | |||
| Muriel Poston | |||||||||
| Faculty | 40.00 | 0.00 | $351,775 | $0 | $61,150 | Yes (X) | |||
| Sharon Basso | |||||||||
| Exec. VP and COO, Acting President | 40.00 | 0.00 | Yes (X) | $320,586 | $0 | $89,820 | |||
| Michelle Chamberlain - VP for | |||||||||
| Advancement & Dean of the Robert Day Schola | 40.00 | 0.00 | $356,000 | $0 | $44,604 | Yes (X) | |||
| Erin Watkins | |||||||||
| VP of Business, CFO, Treasurer | 40.00 | 2.00 | Yes (X) | $286,000 | $0 | $45,711 | |||
| Marcie Gardner | |||||||||
| General Counsel | 40.00 | 0.00 | $248,500 | $0 | $39,656 | Yes (X) | |||
| Mia Alonzo | |||||||||
| Controller | 4.00 | 20.00 | Yes (X) | $0 | $183,403 | $57,934 | |||
| David G Mgrublian | |||||||||
| Chair of Board of Trustees | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Peter K Barker | |||||||||
| Board Chair Emeritus | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Robert A Day | |||||||||
| Board Chair Emeritus | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Harry T Mcmahon | |||||||||
| Board Chair Emeritus | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Todd Barker | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| James B Bemowski | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Stephen Bullock | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| A Steven Crown | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Tina Daniels | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Cary Davidson | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| David Dreier | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Steven L Eggert | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Elyssa M Elbaz | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Laura M Grisolano | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| E David Hetz | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Susan Matteson King | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey S Klein | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Henry R Kravis | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Duane Kurisu | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael Larson | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Tao Li | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| James B Mcelwee | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMB C Steven McGann | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Marci Lerner Miller | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Akshata N Murty | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Paul Nathan | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Donna Wengert Neff | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Douglas L Peterson | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rey Ramsey | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| G Jeffrey Records Jr | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| George R Roberts | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Richard J Romero | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rossi A Russell | |||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Bruce A Soll | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| John Shrewsberry | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Darrell G Smith | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth J Valach | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Shaw B Wagener | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,431,985 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $183,403 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,090,097 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 226 | 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 |
|---|---|---|---|---|---|
| KPRS Construction Services Inc | |||||
| 2850 Saturn Street | Brea | CA | 92821 | Construction | $21,779,468 |
| Bjarke Ingels Group California Inc | |||||
| 45 Main Street Ste 900 | Brooklyn | NY | 11201 | Engineering/Architecture | $8,159,426 |
| Bon Appetit | |||||
| PO Box 50196 | Los Angeles | CA | 90074 | Catering | $5,331,979 |
| Gardner Company Inc | |||||
| 30714 Wealth Street | Murrieta | CA | 92563 | Maintenance | $1,220,461 |
| ABM Onsite Services - West Inc | |||||
| 3060 Solutions CTR | Chicago | IL | 60677 | Facility Service | $1,203,993 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 74 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $377,853 | GovernmentGrantsAmt |
| All Other Contributions | $41,510,890 | AllOtherContributionsAmt |
| Noncash Contributions | $6,457,649 | NoncashContributionsAmt |
| Total Contributions | $41,888,743 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition & fees | 611600 | $107,094,519 | $107,094,519 |
| Asset Management Revenue | 900099 | $5,354,565 | $5,354,565 |
| Fed. grants & contracts | 611600 | $1,198,081 | $1,198,081 |
| Private contracts | 900099 | $161,430 | $161,430 |
| Rental & Catering | 900099 | $41,128 | $41,128 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $123,986 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $123,986 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $113,973,709 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,309,753 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $4,354 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,305,399 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $822,339 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $560,613 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $261,726 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $261,726 | TotalRevenueColumnAmt |
| Exclusion | $261,726 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $218,639,474 | SecuritiesAmt |
| Other | $4,150,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $171,566,468 | SecuritiesAmt |
| Other | $310,850 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,073,006 | SecuritiesAmt |
| Other | $3,839,150 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,912,156 | TotalRevenueColumnAmt |
| Exclusion | $50,912,156 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Miscellaneous income | 900099 | $2,270,515 | $2,270,515 |
| Vending, store & laundry | 812300 | $98,776 | $98,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,369,291 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $222,715,378 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $113,973,709 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,354 | UnrelatedBusinessRevenueAmt |
| Exclusion | $66,848,572 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,663,680 | TotalAmt |
| Program Services | $32,663,680 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,180,121 | TotalAmt |
| Program Services | $788,276 | ProgramServicesAmt |
| Management And General | $2,741,021 | ManagementAndGeneralAmt |
| Fundraising | $650,824 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,933 | TotalAmt |
| Program Services | $166,613 | ProgramServicesAmt |
| Management And General | $169,856 | ManagementAndGeneralAmt |
| Fundraising | $99,464 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,718,788 | TotalAmt |
| Program Services | $50,252,328 | ProgramServicesAmt |
| Management And General | $6,085,607 | ManagementAndGeneralAmt |
| Fundraising | $2,380,853 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,837,047 | TotalAmt |
| Program Services | $2,447,810 | ProgramServicesAmt |
| Management And General | $1,966,224 | ManagementAndGeneralAmt |
| Fundraising | $423,013 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,520,428 | TotalAmt |
| Program Services | $3,702,270 | ProgramServicesAmt |
| Management And General | $3,132,920 | ManagementAndGeneralAmt |
| Fundraising | $685,238 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,933,371 | TotalAmt |
| Program Services | $1,976,742 | ProgramServicesAmt |
| Management And General | $1,610,325 | ManagementAndGeneralAmt |
| Fundraising | $346,304 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $870,006 | TotalAmt |
| Program Services | $46,702 | ProgramServicesAmt |
| Management And General | $822,888 | ManagementAndGeneralAmt |
| Fundraising | $416 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $882,086 | TotalAmt |
| Program Services | $129,141 | ProgramServicesAmt |
| Management And General | $745,762 | ManagementAndGeneralAmt |
| Fundraising | $7,183 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $429,736 | TotalAmt |
| Management And General | $429,736 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,115,795 | TotalAmt |
| Management And General | $4,115,795 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,385,497 | TotalAmt |
| Program Services | $5,872,197 | ProgramServicesAmt |
| Management And General | $1,430,243 | ManagementAndGeneralAmt |
| Fundraising | $83,057 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,640 | TotalAmt |
| Program Services | $162,848 | ProgramServicesAmt |
| Management And General | $386,157 | ManagementAndGeneralAmt |
| Fundraising | $172,635 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,732,461 | TotalAmt |
| Program Services | $2,869,515 | ProgramServicesAmt |
| Management And General | $2,638,077 | ManagementAndGeneralAmt |
| Fundraising | $224,869 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,724,495 | TotalAmt |
| Program Services | $2,142,023 | ProgramServicesAmt |
| Management And General | $422,565 | ManagementAndGeneralAmt |
| Fundraising | $159,907 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,750,782 | TotalAmt |
| Program Services | $5,438,449 | ProgramServicesAmt |
| Management And General | $1,284,397 | ManagementAndGeneralAmt |
| Fundraising | $27,936 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,696,024 | TotalAmt |
| Program Services | $6,902,557 | ProgramServicesAmt |
| Management And General | $504,775 | ManagementAndGeneralAmt |
| Fundraising | $288,692 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,048,486 | TotalAmt |
| Program Services | $947,604 | ProgramServicesAmt |
| Management And General | $1,044,382 | ManagementAndGeneralAmt |
| Fundraising | $56,500 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,997,641 | TotalAmt |
| Program Services | $18,418,003 | ProgramServicesAmt |
| Management And General | $540,065 | ManagementAndGeneralAmt |
| Fundraising | $39,573 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,535,332 | TotalAmt |
| Program Services | $4,399,805 | ProgramServicesAmt |
| Management And General | $123,742 | ManagementAndGeneralAmt |
| Fundraising | $11,785 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,350,928 | TotalAmt |
| Program Services | $8,672,971 | ProgramServicesAmt |
| Management And General | $601,123 | ManagementAndGeneralAmt |
| Fundraising | $76,834 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $912,175 | TotalAmt |
| Program Services | $708,820 | ProgramServicesAmt |
| Management And General | $197,658 | ManagementAndGeneralAmt |
| Fundraising | $5,697 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Related Organizations a | $9,620,274 | $5,995,493 | $3,618,826 | $5,955 |
| Food & housing | $7,366,125 | $7,366,125 | ||
| Building repair | $4,691,547 | $4,632,523 | $59,024 | |
| Noncapitalized Equipmen | $861,867 | $749,281 | $106,023 | $6,563 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,792,704 | TotalAmt |
| Program Services | $346,388 | ProgramServicesAmt |
| Management And General | $1,429,562 | ManagementAndGeneralAmt |
| Fundraising | $16,754 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,774,969 | TotalAmt |
| Program Services | $167,798,164 | ProgramServicesAmt |
| Management And General | $36,147,729 | ManagementAndGeneralAmt |
| Fundraising | $5,829,076 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,016,163 | BOYAmt |
| EOY | $1,170,492 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,499,728 | BOYAmt |
| EOY | $14,134,523 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,821,234 | BOYAmt |
| EOY | $397,641,158 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,505,903 | BOYAmt |
| EOY | $5,582,380 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,000 | BOYAmt |
| EOY | $51,667 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,221,493 | BOYAmt |
| EOY | $2,419,481 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $465,568,506 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $155,611,352 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,377,214 | BOYAmt |
| EOY | $309,957,154 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,354,218 | BOYAmt |
| EOY | $283,179,537 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,372,332,469 | BOYAmt |
| EOY | $1,369,923,206 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,868,709 | BOYAmt |
| EOY | $7,337,572 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,003,205 | BOYAmt |
| EOY | $878,707 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,409,070,336 | BOYAmt |
| EOY | $2,392,275,877 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,401,620 | BOYAmt |
| EOY | $26,477,519 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,244,616 | BOYAmt |
| EOY | $1,428,354 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,342,790 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $521,936,116 | BOYAmt |
| EOY | $522,057,285 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,920,100 | BOYAmt |
| EOY | $62,783,786 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $656,502,452 | BOYAmt |
| EOY | $614,089,734 | 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 | $370,899,618 | BOYAmt |
| EOY | $368,398,878 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,668,266 | BOYAmt |
| EOY | $1,409,787,265 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,752,567,884 | BOYAmt |
| EOY | $1,778,186,143 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,409,070,336 | BOYAmt |
| EOY | $2,392,275,877 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,940,409 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,373,097 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,304,753 | 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 | $70,346,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $182,970,483 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,529,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $222,659,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,888,743 | CurrentTaxYearAmt |
| Total | $568,394,689 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $70,346,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $182,970,483 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,529,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $222,659,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,888,743 | CurrentTaxYearAmt |
| Total | $568,394,689 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $286,536,028 | SubstantialContributorsTotAmt |
| Public Support Total170 | $281,858,661 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,516,637 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,001,642 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,484,353 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,062,815 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,127,738 | CurrentTaxYearAmt |
| Total | $65,193,185 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,624,085 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,583,622 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,248,826 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,082,516 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,369,291 | CurrentTaxYearAmt |
| Total | $10,908,340 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $644,496,214 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $499,385,968 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.43730 | PublicSupportCY170Pct |
| Public Support PY170 | 0.41470 | 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, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2018 Amount: $ 4,624,085. 2019 Amount: $ 1,583,622. 2020 Amount: $ 1,248,826. 2021 Amount: $ 1,082,516. 2022 Amount: $ 2,369,291. | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $25,541 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $25,541 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | Dues and memberships paid to organizations to lobby on the College's behalf. Also, to support the effort to reauthorize the Section 568 exemption from the anti-trust laws. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $224,357 | RevenuesIncludedAmt |
| Assets Included | $11,302,196 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,224,987,290 | BeginningYearBalanceAmt |
| Contributions | $8,611,626 | ContributionsAmt |
| Investment Earnings Or Losses | $26,552,742 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,947,857 | GrantsOrScholarshipsAmt |
| Other Expenditures | $37,751,802 | OtherExpendituresAmt |
| Administrative Expenses | $3,984,907 | AdministrativeExpensesAmt |
| End Year Balance | $1,206,467,092 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,313,226,768 | BeginningYearBalanceAmt |
| Contributions | $10,349,594 | ContributionsAmt |
| Investment Earnings Or Losses | -$49,669,364 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,512,034 | GrantsOrScholarshipsAmt |
| Other Expenditures | $33,301,008 | OtherExpendituresAmt |
| Administrative Expenses | $4,106,666 | AdministrativeExpensesAmt |
| End Year Balance | $1,224,987,290 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $952,269,012 | BeginningYearBalanceAmt |
| Contributions | $26,611,408 | ContributionsAmt |
| Investment Earnings Or Losses | $379,305,154 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,096,741 | GrantsOrScholarshipsAmt |
| Other Expenditures | $30,499,039 | OtherExpendituresAmt |
| Administrative Expenses | $3,363,026 | AdministrativeExpensesAmt |
| End Year Balance | $1,313,226,768 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $912,045,198 | BeginningYearBalanceAmt |
| Contributions | $63,972,781 | ContributionsAmt |
| Investment Earnings Or Losses | $15,766,690 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,696,178 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,102,426 | OtherExpendituresAmt |
| Administrative Expenses | $2,717,053 | AdministrativeExpensesAmt |
| End Year Balance | $952,269,012 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $881,013,887 | BeginningYearBalanceAmt |
| Contributions | $21,766,920 | ContributionsAmt |
| Investment Earnings Or Losses | $46,328,406 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,471,075 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,181,115 | OtherExpendituresAmt |
| Administrative Expenses | $2,411,825 | AdministrativeExpensesAmt |
| End Year Balance | $912,045,198 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.32130 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.39170 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.28700 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,101,754 | OtherCostOrOtherBasisAmt |
| Book Value | $30,101,754 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $322,640,681 | OtherCostOrOtherBasisAmt |
| Depreciation | $114,653,917 | DepreciationAmt |
| Book Value | $207,986,764 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,965,299 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,336,019 | DepreciationAmt |
| Book Value | $26,629,280 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,526,614 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,621,416 | DepreciationAmt |
| Book Value | $12,905,198 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,334,158 | OtherCostOrOtherBasisAmt |
| Book Value | $32,334,158 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $309,957,154 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Assets whose use is limited | $9,476,690 | F |
| Real Estate, Energy, & Timber | $766,303 | F |
| Investment in Claremont Investment Fund | $1,359,680,213 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,369,923,206 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Life income and annuities payable | $61,395,864 |
| Government advance for student loans | $352,316 |
| Asset retirement obligation | $1,035,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $62,783,786 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $199,483,619 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,373,096 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,869,721 | OtherRevenueAmt |
| Revenue Not Reported | $13,242,817 | RevenueNotReportedAmt |
| Revenue Subtotal | $186,240,802 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,115,795 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $32,358,781 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $36,474,576 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $222,715,378 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $173,865,361 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $560,614 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $560,614 | ExpensesNotReportedAmt |
| Expenses Subtotal | $173,304,747 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,115,795 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $32,354,427 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $36,470,222 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $209,774,969 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The College's works of art are held for public exhibition to enrich the teaching of art and humanities at the College. |
| Part IV, Line 2b: | The escrow account liability is related to the ASCMC Trust Funds and VDI bank account. |
| Part V, Line 4: | The College uses the earnings of its endowment funds in accordance with donor restrictions. Where no donor intent is specified, the earnings fund the general operations of the College. |
| Part X, Line 2: | The College had no unrecognized tax benefits and/or obligations or uncertain tax positions at June 30, 2023 and 2022. |
| Part XI, Line 2d - Other Adjustments: | Rental expenses reclassified to revenue 560,614. Actuarial adjustment 1,606,567. Pledge Write Offs -297,460. |
| Part XI, Line 4b - Other Adjustments: | Student aid, reclassified to expenses 32,354,427. Income from K-1's 4,354. |
| Part XII, Line 2d - Other Adjustments: | Rental expenses reclassified to revenue 560,614. |
| Part XII, Line 4b - Other Adjustments: | Student aid, reclassified to expenses 32,354,427. |
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 | 0 | 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 | Claremont McKenna College is an equal opportunity employer and educator, firmly committed to providing equal opportunity for all our community members, irrespective of an individual's background. The College's Civil Rights Policy Statement on Equal Employment, Affirmative Action, and Non-Discrimination represents the College's overarching policy statement related to civil rights protections at CMC. The policy is publicized through the course catalog, website, employment application, and campus policy library. Additionally, the College has an established history of enrolling students from diverse backgrounds, with 44% being students of color. |
| Schedule E, Part I, Line 6 | Claremont McKenna College participates in the Pell Grant, Supplemental Educational Opportunity Grant, College Work-Study, and Perkins Loan programs. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial Aid | GrantTypeTxt |
| Recipient | 734 | RecipientCnt |
| Cash Grant | $32,663,680 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The College monitors the use of grant funds by verifying student enrollment records maintained by the Office of the Registrar and the Office of Student Accounts. Enrollment verification is performed prior to awarding of grant funds and throughout the academic year. The Office of Financial Aid monitors the College's compliance with grant agreement requirements throughout the academic year, and keeps current with compliance requirements by participating in professional development workshops and reviewing federal compliance updates from the Department of Education and NASFAA. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hiram Chodosh | ||||||||||||||
| President | $621,863 | $0 | $253,500 | $0 | $24,000 | $0 | $107,822 | $0 | $81,442 | $0 | $1,088,627 | $0 | $0 | $0 |
| James Floyd | ||||||||||||||
| VP and Chief Investment Officer | $600,000 | $0 | $153,500 | $0 | $250 | $0 | $54,160 | $0 | $30,448 | $0 | $838,358 | $0 | $0 | $0 |
| Nishant Dass | ||||||||||||||
| Faculty | $398,278 | $0 | $5,000 | $0 | $0 | $0 | $54,160 | $0 | $31,470 | $0 | $488,908 | $0 | $0 | $0 |
| Ran Libeskind-Hadas | ||||||||||||||
| Faculty | $374,609 | $0 | $0 | $0 | $0 | $0 | $33,660 | $0 | $73,205 | $0 | $481,474 | $0 | $0 | $0 |
| Michael Denny | ||||||||||||||
| VP and Deputy CIO | $307,500 | $0 | $75,000 | $0 | $0 | $0 | $54,160 | $0 | $18,146 | $0 | $454,806 | $0 | $0 | $0 |
| Heather Antecol - VP for | ||||||||||||||
| Academic Affairs and Dean of Faculty | $317,479 | $0 | $34,500 | $0 | $0 | $0 | $54,160 | $0 | $23,694 | $0 | $429,833 | $0 | $0 | $0 |
| Matthew Bibbens | ||||||||||||||
| VP of Campus Planning and Capital Pr | $326,587 | $0 | $23,500 | $0 | $0 | $0 | $54,160 | $0 | $17,136 | $0 | $421,383 | $0 | $0 | $0 |
| Eric Helland | ||||||||||||||
| Faculty | $348,558 | $0 | $5,000 | $0 | $0 | $0 | $54,160 | $0 | $9,239 | $0 | $416,957 | $0 | $0 | $0 |
| Muriel Poston | ||||||||||||||
| Faculty | $311,300 | $0 | $3,500 | $0 | $36,975 | $0 | $54,160 | $0 | $6,990 | $0 | $412,925 | $0 | $0 | $0 |
| Sharon Basso | ||||||||||||||
| Exec. VP and COO, Acting President | $287,086 | $0 | $33,500 | $0 | $0 | $0 | $31,634 | $0 | $58,186 | $0 | $410,406 | $0 | $0 | $0 |
| Michelle Chamberlain - VP for | ||||||||||||||
| Advancement & Dean of the Robert Day | $287,500 | $0 | $68,500 | $0 | $0 | $0 | $32,191 | $0 | $12,413 | $0 | $400,604 | $0 | $0 | $0 |
| Erin Watkins | ||||||||||||||
| VP of Business, CFO, Treasurer | $257,500 | $0 | $28,500 | $0 | $0 | $0 | $28,457 | $0 | $17,254 | $0 | $331,711 | $0 | $0 | $0 |
| Marcie Gardner | ||||||||||||||
| General Counsel | $200,000 | $0 | $23,500 | $0 | $25,000 | $0 | $24,435 | $0 | $15,221 | $0 | $288,156 | $0 | $0 | $0 |
| Mia Alonzo | ||||||||||||||
| Controller | $0 | $177,443 | $0 | $5,000 | $0 | $960 | $0 | $31,372 | $0 | $26,562 | $0 | $241,337 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | -First-class travel - The College pays for the class above economy for all domestic and international travel for the president per employment contract. - Travel for Companions - The College pays for expenses for the President's spouse's travel as covered per contract with valid business reason. - Housing allowance or residence for personal use - The College provides housing to the president and a key employee as a condition of employment. The value of the employer provided housing has been determined to meet the criteria of Sec 119 and is therefore reported as a non-taxable benefit. - Health or social club dues - The College pays dues to a social club for the sole purpose of conducting college business; no personal social activities are allowed. Because no personal social activities are conducted, the dues are not included in taxable compensation. |
| Part I, Line 4b | -Hiram Chodosh participates in a nonqualified deferred compensation plan under section 457(f). In 2022, contributions to the plan were made in the amount of $53,662. No distributions were made from the plan. |
| Part I, Line 7 | The College paid one time performance related bonuses. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Matthew Bibbens | |||||||
| VP of Campus Planning and Capital Projects, and Special Counsel | Housing Assistance | Yes (X) | $100,000 | $12,500 | 0 | Yes (1) | Yes (1) |
| Heather Antecol | |||||||
| VP for Academic Affairs and Dean of Faculty | Housing Assistance | Yes (X) | $50,000 | $39,167 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $51,667 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Evan Rutter | |||
| Family of Michelle Chamberlain, VP for Advancement & Dean of RDSP | $152,000 | Employment | 0 |
| Priya Junnar | |||
| Family of Hiram Chodosh, President of the College | $117,320 | Employment | 0 |
| Minju Kim | |||
| Family of Peter Uvin, Former VP for Academic Affairs | $166,613 | Employment | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $224,357 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 126 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,055,615 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $177,677 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost of donated property | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | Number of Contributions |
| Part I, Line 32b: | A related organization works with an appraiser and real estate broker to sell the non-cash donations of real estate. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Henry R. Kravis and George R. Roberts are Trustee members and have both a family and business relationship. |
| Form 990, Part VI, Section B, line 11b | The College utilizes a process for review of the IRS Form 990, "Return of Organization Exempt from Income Tax", that involves multiple layers of management as well as governing board members. The College has engaged an outside accounting firm to prepare the Form 990 using information provided by the College's Treasurer's Office and the Claremont Colleges Services' Office of Financial Services. Once a draft has been prepared, it is reviewed by individuals in the Office of Financial Services, the Office of Human Resources, and the College's Treasurer's Office, and changes are made as needed. Once a revised draft is available, it is reviewed by the Controller, the Associate Vice President of Finance, and the Vice President of Business Chief Financial Officer and Treasurer. After this review and any resulting changes are complete, the revised draft is provided to members of the College's Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the 990 is provided to all voting members of the Board of Trustees prior to filing. |
| Form 990, Part VI, Section B, line 12c | Each year, all Interested Parties of the College are required to sign and submit to the Treasurer a full written disclosure of any transaction involving the College where the Interested Party has any financial or relationship interest in the transaction. The Treasurer creates a summary report of these disclosures for review by the Audit Committee. Throughout the year, any potential Interested Party Transaction is reviewed by the Interested Party Transactions Subcommittee of the Audit Committee, which ensures that i) the Interested Party does not unduly influence the approval of the transaction; ii) the transaction's terms are fair and reasonable, and iii) entering into the transaction is in the College's best interests. |
| Form 990, Part VI, Section B, line 15 | The College's process for determining compensation for corporate officers, key employees, and principal disqualified persons is performed on an annual basis and includes the following elements: 1) use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, 2) review of comparable compensation data and approval of compensation arrangements by a Compensation Subcommittee of the Executive Committee of the Board of Trustees, and 3) contemporaneous documentation with respect to deliberations and decisions regarding compensation arrangements. Data as to comparable compensation is derived from one or more of the following sources: a) Information compiled from IRS Form 990 reports, b) other regional or national compensation surveys, including an annual compensation survey published by the College and University Professional Association for Human Resources, and c) external consultant surveys and/or databases, including prevailing market compensation for similar administrative positions in the greater Los Angeles area. |
| Form 990, Part VI, Section C, line 19 | -Financial statements and conflict of interest policy are available on the College website. -Governing/organizing documents are not available to the public. |
| Form 990, Part XI, line 9: | Actuarial adjustment 1,606,567. Income from K-1's -4,354. Writeoff of pledge receivables -297,460. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College Holdings LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E 9th Street | AddressLine1Txt |
| City | Claremont | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Property Holdings | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Claremont McKenna College | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Claremont Colleges Inc | |||||||||||
| 101 S Mills Ave | Claremont | CA | 91711 | 954786748 | Supporting Organization | CA | 501(c)(3) | 12a, type I | N/A | 0 | |
| Claremont McKenna College Foundation | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 330735781 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Children's Education Center of Claremont | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 954508952 | Preschool and Elementary School | CA | 501(c)(3) | Line 2 | Yes (1) | Claremont McKenna College | |
| Claremont Investment Fund | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 823049880 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Claremont Investment Management Company | |||||||||||
| 500 E 9th Street | Claremont | CA | 91711 | 823028605 | Supporting Organization | CA | 501(c)(3) | 12a, type I | Yes (1) | Claremont McKenna College | |
| Claremont Mckenna College Alumni Association | |||||||||||
| 400 North Claremont Boulevard | Claremont | CA | 91711 | 956092792 | Supporting Organization | CA | 501(c)(3) | PF | Yes (1) | Claremont McKenna College | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|
| Charitable Remainder Unitrusts (25) | |||||||
| 101 South Mills Ave | Claremont | CA | 91711 | Holdings | CA | N/A | 0 |
| Charitable Remainder Annuity Trust | |||||||
| 101 South Mills Ave | Claremont | CA | 91711 | Holdings | CA | N/A | 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 | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Claremont Investment Fund | ||
| S | $31,000,000 | FMV |
| Claremont Investment Management Company | ||
| L | $5,354,565 | FMV |