FURP.ORG / PUBLIC DATA EXPLORER

WILLIAMS COLLEGE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WILLIAMS COLLEGE (EIN 04-2104847)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202501349349312610
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T17:37:27+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14801 Olympia Park Plaza Suite 4000AddressLine1Txt
CityLouisvilleCityNm
State AbbreviationKYStateAbbreviationCd
ZIP402412098ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042104847EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Williams CollegeBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWILLBusinessNameControlTxt
Phone4135974412PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1HOPKINS HALL PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL WAGNERPersonNm
Person TitleVP FOR FIN & OPERATIONS & TREASPersonTitleTxt
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRachel SpurlockPreparerPersonNm
PTINP00520729PTIN
Phone5023263996PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1MAUD S MANDELBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1HOPKINS HALL PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$779,503,470GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WILLIAMS.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1793FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionWilliams College strives to achieve educational excellence by fostering a community of learning in collaboration with students, faculty, staff, devoted alumni and parents.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee3544TotalEmployeeCnt
Total Volunteers6770TotalVolunteersCnt
Total Gross UBI$27,270,649TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$3,193,845NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$75,476,741PYContributionsGrantsAmt
CY Contributions Grants$87,694,599CYContributionsGrantsAmt
PY Program Service Revenue$173,728,938PYProgramServiceRevenueAmt
CY Program Service Revenue$176,518,559CYProgramServiceRevenueAmt
PY Investment Income$175,831,356PYInvestmentIncomeAmt
CY Investment Income$184,172,321CYInvestmentIncomeAmt
PY Other Revenue-$941,170PYOtherRevenueAmt
CY Other Revenue-$492,911CYOtherRevenueAmt
PY Total Revenue$424,095,865PYTotalRevenueAmt
CY Total Revenue$447,892,568CYTotalRevenueAmt
PY Grants And Similar Paid$65,726,296PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$73,317,642CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$162,616,754PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$171,686,961CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,449,898CYTotalFundraisingExpenseAmt
PY Other Expenses$128,698,940PYOtherExpensesAmt
CY Other Expenses$121,084,994CYOtherExpensesAmt
PY Total Expenses$357,041,990PYTotalExpensesAmt
CY Total Expenses$366,089,597CYTotalExpensesAmt
PY Revenues Less Expenses$67,053,875PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$81,802,971CYRevenuesLessExpensesAmt
Total Assets BOY$4,819,845,872TotalAssetsBOYAmt
Total Assets EOY$5,075,834,072TotalAssetsEOYAmt
Total Liabilities BOY$946,525,334TotalLiabilitiesBOYAmt
Total Liabilities EOY$967,033,419TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,873,320,538NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,108,800,653NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$325,018,349ExpenseAmt
Grant$73,317,642GrantAmt
Revenue$172,809,941RevenueAmt
DescWILLIAMS IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR APPROXIMATELY 2,100 FULL-TIME UNDERGRADUATE AND 50 GRADUATE STUDENTS WHO COME FROM ALL OF THE 50 STATES and countries from around the world. THE WILLIAMS CURRICULUM OFFERS STUDY IN THE HUMANITIES, THE SOCIAL SCIENCES AND THE NATURAL SCIENCES AND COMBINES A BROAD EDUCATION WITH KNOWLEDGE OF ONE FIELD IN DEPTH. THE COLLEGE OFFERS THE BACHELOR OF ARTS DEGREE AT THE UNDERGRADUATE LEVEL. IN ADDITION, the college offers MASTER OF ARTS PROGRAMS IN POLICY ECONOMICS AND HISTORY OF ART.Desc
Total Program Service Expenses$325,018,349TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document3415IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3544EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncYes (true)SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Valerie MyersBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4135974204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MAUD MANDEL
PRESIDENT40.01.0Yes (X)Yes (X)$674,852$0$216,911
ELIZABETH ANDERSEN
TRUSTEE4.0Yes (X)$0$0$0
ELIZABETH ROBINSON
TRUSTEE/CHAIR6.0Yes (X)$0$0$0
ETHAN LASSER
TRUSTEE4.0Yes (X)$0$0$0
GEORGE CREPPY
TRUSTEE4.0Yes (X)$0$0$0
GREGORY WOODS
TRUSTEE4.0Yes (X)$0$0$0
GRETCHEN HOWARD
TRUSTEE4.0Yes (X)$0$0$0
JAN VAN ECK
TRUSTEE4.0Yes (X)$0$0$0
JEFFREY DELANEY
TRUSTEE4.0Yes (X)$0$0$0
JEFFREY HARLESTON
TRUSTEE4.0Yes (X)$0$0$0
JEFFREY RHODES
TRUSTEE4.0Yes (X)$0$0$0
JONATHAN SOKOLOFF
TRUSTEE4.0Yes (X)$0$0$0
LEILA JERE
TRUSTEE4.0Yes (X)$0$0$0
MARK TERCEK
TRUSTEE4.0Yes (X)$0$0$0
MARTHA HOOPES
TRUSTEE4.0Yes (X)$0$0$0
MARTHA WILLIAMSON
TRUSTEE4.0Yes (X)$0$0$0
MATTHEW HARRIS
TRUSTEE4.0Yes (X)$0$0$0
MICHELE JOHNSON ROGERS
TRUSTEE4.0Yes (X)$0$0$0
NATHAN SLEEPER
TRUSTEE4.0Yes (X)$0$0$0
NORIKO HONDA CHEN
TRUSTEE4.0Yes (X)$0$0$0
SARAH MOLLMAN UNDERHILL
TRUSTEE4.0Yes (X)$0$0$0
VALERIE DIFEBO
TRUSTEE4.0Yes (X)$0$0$0
VIDISHA PATEL
TRUSTEE4.0Yes (X)$0$0$0
WILLIAM FOOTE
TRUSTEE4.0Yes (X)$0$0$0
ABIGAIL WATTLEY
CHIEF INVESTMENT OFFICER (EFFECTIVE JULY 1, 2023)40.0Yes (X)$565,011$0$37,586
EIKO SINIAWER
PROVOST40.0Yes (X)$292,367$0$57,547
JAMES REISCHE
VP OF COMMUNICATIONS40.0Yes (X)$255,635$0$65,205
KELI GAIL
SECRETARY OF THE COLLEGE40.0Yes (X)$264,280$0$52,299
LARA SHORE-SHEPPARD
DEAN OF THE FACULTY (EFFECTIVE JULY 1, 2023)40.0Yes (X)$236,508$0$63,997
LETICIA SMITH-EVANS HAYNES
VP FOR INSTITUTIONAL DIVERSITY, EQUITY, AND INCLUSION40.0Yes (X)$255,361$0$67,957
MARGARET LONG
DEAN OF THE COLLEGE40.0Yes (X)$290,857$0$99,510
MEGAN MOREY
VP OF COLLEGE RELATIONS40.0Yes (X)$407,297$0$119,407
MICHAEL WAGNER
VP FOR FINANCE & OPERATIONS, TREASURER40.0Yes (X)$557,196$0$75,803
BRADFORD WAKEMAN
MANAGING DIR / COO, INV OFFICE40.0$474,042$0$69,918Yes (X)
JAMES ART
GENERAL COUNSEL40.0$270,339$0$129,849Yes (X)
JOHN KLEINER
PROFESSOR OF ENGLISH40.0$280,648$0$36,781Yes (X)
KENNETH KUTTNER
PROFESSOR OF ECONOMICS40.0$265,649$0$79,597Yes (X)
PAMELA FRANKS
DIRECTOR OF THE WILLIAMS COLLEGE MUSEUM OF ART40.0$269,371$0$77,591Yes (X)
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER (THROUGH JUNE 30, 2023)40.0$916,166$0$126,739Yes (X)
DAVID LOVE
FORMER PROVOST, PROF OF ECONOMICS40.0$231,872$0$58,018Yes (X)
DENISE BUELL
FORMER DEAN OF THE FACULTY, PROF OF RELIGION40.0$174,951$0$55,778Yes (X)
LEE PARK
FORMER DEAN OF THE FACULTY, PROF OF CHEMISTRY40.0$185,399$0$46,256Yes (X)
MARLENE SANDSTROM
FORMER DEAN OF COLLEGE, PROF OF PSYCH40.0$224,335$0$57,234Yes (X)
PROTIK M MAJUMDER
FORMER PRESIDENT, PROF OF PHYSICS40.0$180,217$0$59,254Yes (X)
SAFA ZAKI
FORMER DEAN OF THE FACULTY, PROF OF PSYCHOLOGY40.0$152,232$0$34,148Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,424,585TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,687,385TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K370IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Perry Dean Rogers & Partners Architects
177 Milk StreetBostonMA02109Architect$3,584,049
Huron Consulting Services LLC
550 W Van Buren StreetChicagoIL60607Consulting$2,033,103Suite 1700
Consigli Construction Co Inc
72 Summer StreetMilfordMA01757Construction$596,380
Leers Weinzapfel Assoc Architects Inc
75 Kneeland StreetBostonMA02111Architect$558,6043rd Floor
Otis Elevator Company
1 Carrier PlaceFarmingtonCT06032Maintenance$540,077
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K45CntrctRcvdGreaterThan100KCnt
Government Grants$3,152,251GovernmentGrantsAmt
All Other Contributions$84,542,348AllOtherContributionsAmt
Noncash Contributions$11,502,915NoncashContributionsAmt
Total Contributions$87,694,599TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION, FEES, ROOM AND BOARD900099$166,086,000$166,086,000
AUXILIARY REVENUE721000$10,432,559$6,723,941$3,708,618

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$176,518,559TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,124,432TotalRevenueColumnAmt
Exclusion$4,124,432ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,575,302RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$3,068,213RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$492,911RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$492,911TotalRevenueColumnAmt
Exclusion-$492,911ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$508,023,030SecuritiesAmt
Other$567,548OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$328,005,696SecuritiesAmt
Other$536,993OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$180,017,334SecuritiesAmt
Other$30,555OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$180,047,889TotalRevenueColumnAmt
Unrelated Business Revenue$23,562,031UnrelatedBusinessRevenueAmt
Exclusion$156,485,858ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$447,892,568TotalRevenueColumnAmt
Related Or Exempt Func Income$172,809,941RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$27,270,649UnrelatedBusinessRevenueAmt
Exclusion$160,117,379ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$417,269TotalAmt
Program Services$417,269ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$71,751,650TotalAmt
Program Services$71,751,650ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,148,723TotalAmt
Program Services$1,148,723ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,128,981TotalAmt
Program Services$1,170,382ProgramServicesAmt
Management And General$1,781,090ManagementAndGeneralAmt
Fundraising$1,177,509FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$529,175TotalAmt
Program Services$491,861ProgramServicesAmt
Management And General$37,314ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$123,814,560TotalAmt
Program Services$105,339,872ProgramServicesAmt
Management And General$13,867,545ManagementAndGeneralAmt
Fundraising$4,607,143FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$10,509,574TotalAmt
Program Services$8,943,630ProgramServicesAmt
Management And General$1,178,648ManagementAndGeneralAmt
Fundraising$387,296FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$23,612,998TotalAmt
Program Services$20,398,464ProgramServicesAmt
Management And General$2,506,013ManagementAndGeneralAmt
Fundraising$708,521FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,091,673TotalAmt
Program Services$7,736,998ProgramServicesAmt
Management And General$1,019,631ManagementAndGeneralAmt
Fundraising$335,044FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$719,642TotalAmt
Program Services$45,594ProgramServicesAmt
Management And General$674,048ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$212,427TotalAmt
Program Services$3,727ProgramServicesAmt
Management And General$202,816ManagementAndGeneralAmt
Fundraising$5,884FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$97,945TotalAmt
Program Services$83,488ProgramServicesAmt
Management And General$10,881ManagementAndGeneralAmt
Fundraising$3,576FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$22,186,109TotalAmt
Program Services$21,279,545ProgramServicesAmt
Management And General$174,395ManagementAndGeneralAmt
Fundraising$732,169FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$161,762TotalAmt
Program Services$61,925ProgramServicesAmt
Management And General$99,837ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,744,327TotalAmt
Program Services$9,865,132ProgramServicesAmt
Management And General$808,860ManagementAndGeneralAmt
Fundraising$70,335FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,240,237TotalAmt
Program Services$2,359,316ProgramServicesAmt
Management And General$731,873ManagementAndGeneralAmt
Fundraising$149,048FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,748,859TotalAmt
Program Services$8,086,721ProgramServicesAmt
Management And General$443,587ManagementAndGeneralAmt
Fundraising$218,551FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,184,718TotalAmt
Program Services$6,397,960ProgramServicesAmt
Management And General$460,101ManagementAndGeneralAmt
Fundraising$326,657FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$237,697TotalAmt
Program Services$197,370ProgramServicesAmt
Management And General$24,839ManagementAndGeneralAmt
Fundraising$15,488FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,335,389TotalAmt
Program Services$8,795,398ProgramServicesAmt
Management And General$1,159,114ManagementAndGeneralAmt
Fundraising$380,877FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$30,754,008TotalAmt
Program Services$27,467,936ProgramServicesAmt
Management And General$2,096,598ManagementAndGeneralAmt
Fundraising$1,189,474FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,138,688TotalAmt
Program Services$28,335ProgramServicesAmt
Management And General$2,110,252ManagementAndGeneralAmt
Fundraising$101FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FELLOWSHIPS, STUDENT PRIZES$2,861,247$2,815,301$45,946
EQUIPMENT RENTAL & maintenance$7,422,686$6,579,156$821,667$21,863
NON CAPPED PLANT EXPENSES$3,266,117$2,779,460$366,295$120,362
STUDENT ASSISTANCE$10,773,136$10,773,136

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$366,089,597TotalAmt
Program Services$325,018,349ProgramServicesAmt
Management And General$30,621,350ManagementAndGeneralAmt
Fundraising$10,449,898FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$49,938,522BOYAmt
EOY$86,680,450EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$62,626,371BOYAmt
EOY$93,588,146EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$59,331,322BOYAmt
EOY$63,551,891EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,485,737BOYAmt
EOY$1,926,859EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$159,736BOYAmt
EOY$135,345EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$13,882,945BOYAmt
EOY$13,898,841EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$356,484BOYAmt
EOY$371,789EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,902,445BOYAmt
EOY$21,779,822EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,292,290,078LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$596,307,829LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$692,147,599BOYAmt
EOY$695,982,249EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$41,006,656BOYAmt
EOY$39,724,949EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,865,198,337BOYAmt
EOY$4,033,354,441EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$878,985BOYAmt
EOY$694,900EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,930,733BOYAmt
EOY$24,144,390EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,819,845,872BOYAmt
EOY$5,075,834,072EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$69,035,528BOYAmt
EOY$65,665,286EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,460,335BOYAmt
EOY$1,397,478EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$372,756,585BOYAmt
EOY$364,908,374EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$56,578,663BOYAmt
EOY$55,548,188EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$446,694,223BOYAmt
EOY$479,514,093EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$946,525,334BOYAmt
EOY$967,033,419EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$641,038,401BOYAmt
EOY$699,391,183EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,232,282,137BOYAmt
EOY$3,409,409,470EOYAmt

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,873,320,538BOYAmt
EOY$4,108,800,653EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,819,845,872BOYAmt
EOY$5,075,834,072EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$81,802,971ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$161,099,157NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$7,422,013OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$53,444,284CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,524,755CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,484,139CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,476,741CurrentTaxYearMinus1YearAmt
Current Tax Year$87,694,599CurrentTaxYearAmt
Total$330,624,518TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$53,444,284CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,524,755CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,484,139CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,476,741CurrentTaxYearMinus1YearAmt
Current Tax Year$87,694,599CurrentTaxYearAmt
Total$330,624,518TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$28,518,004SubstantialContributorsTotAmt
Public Support Total170$302,106,514PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,730,369CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,312,920CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,618,075CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,259,315CurrentTaxYearMinus1YearAmt
Current Tax Year$6,699,734CurrentTaxYearAmt
Total$18,620,413TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$394,317CurrentTaxYearMinus1YearAmt
Current Tax Year$3,193,845CurrentTaxYearAmt
Total$3,588,162TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$352,833,093TotalSupportAmt
Gross Receipts Rltd Activities$781,334,729GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8562PublicSupportCY170Pct
Public Support PY1700.8880PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part I, Line 2 Explanation of filingFormAndLineReferenceDesc
ExplanationTo qualify for limited donor disclosure under the special rule on Schedule B, the public support test has been completed to demonstrate the university meets the quantitative support test under Section 509(a)(1) of the internal revenue code, which requires an organization to receive a substantial part of its support from a governmental unit or from the general public.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$920DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$97,025OtherActivitiesAmt
Total Lobbying Expenditures$97,945TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationWilliams College sent correspondence to the Massachusetts congressional delegation related to a proposed bill. The time devoted to this effort was approximately 8 hours of professional time as reported. THE COLLEGE PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS INCLUDING NACUBO, NAICU, AICUM, and COHFE, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Donor Advised Funds Grants$143,969DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$3,113,640DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$670,000RevenuesIncludedAmt
Assets Included$63,979,950AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,368,671,196BeginningYearBalanceAmt
Contributions$15,698,167ContributionsAmt
Investment Earnings Or Losses$334,326,067InvestmentEarningsOrLossesAmt
Grants Or Scholarships$38,545,032GrantsOrScholarshipsAmt
Other Expenditures$140,512,525OtherExpendituresAmt
Administrative Expenses$9,197,923AdministrativeExpensesAmt
End Year Balance$3,530,439,950EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,411,185,988BeginningYearBalanceAmt
Contributions$24,733,810ContributionsAmt
Investment Earnings Or Losses$99,124,060InvestmentEarningsOrLossesAmt
Grants Or Scholarships$38,022,809GrantsOrScholarshipsAmt
Other Expenditures$121,653,542OtherExpendituresAmt
Administrative Expenses$6,696,311AdministrativeExpensesAmt
End Year Balance$3,368,671,196EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,025,701,926BeginningYearBalanceAmt
Contributions$16,930,533ContributionsAmt
Investment Earnings Or Losses-$440,193,050InvestmentEarningsOrLossesAmt
Grants Or Scholarships$44,904,769GrantsOrScholarshipsAmt
Other Expenditures$137,175,288OtherExpendituresAmt
Administrative Expenses$9,173,364AdministrativeExpensesAmt
End Year Balance$3,411,185,988EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,742,044,936BeginningYearBalanceAmt
Contributions$25,098,149ContributionsAmt
Investment Earnings Or Losses$1,353,707,368InvestmentEarningsOrLossesAmt
Grants Or Scholarships$22,296,237GrantsOrScholarshipsAmt
Other Expenditures$66,154,793OtherExpendituresAmt
Administrative Expenses$6,697,497AdministrativeExpensesAmt
End Year Balance$4,025,701,926EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,788,599,176BeginningYearBalanceAmt
Contributions$31,790,239ContributionsAmt
Investment Earnings Or Losses$88,528,909InvestmentEarningsOrLossesAmt
Grants Or Scholarships$37,181,396GrantsOrScholarshipsAmt
Other Expenditures$123,348,548OtherExpendituresAmt
Administrative Expenses$6,343,444AdministrativeExpensesAmt
End Year Balance$2,742,044,936EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0995BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.871PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0295TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$11,576,402OtherCostOrOtherBasisAmt
Book Value$11,576,402BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$989,035,009OtherCostOrOtherBasisAmt
Depreciation$465,087,012DepreciationAmt
Book Value$523,947,997BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$133,192,113OtherCostOrOtherBasisAmt
Depreciation$95,049,799DepreciationAmt
Book Value$38,142,314BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$158,486,554OtherCostOrOtherBasisAmt
Depreciation$36,171,018DepreciationAmt
Book Value$122,315,536BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$695,982,249TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Global Long and Long/Short Equity Funds$1,472,955,816F
Absolute return funds$545,455,751F
Venture Capital funds$674,693,932F
Real Asset funds$159,539,931F
Real Estate funds$253,239,477F
Noninvestment Grade Fixed income funds$236,155,296F
Other Investment assets$80,362,645F
Buyout Funds$610,951,593F
FieldValueIRS element (for citing)
Total Book Value Securities$4,033,354,441TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
US GOV'T ADVANCES FOR STUDENTS$446,513
INVEST. ON BEHALF OF SUPP ORG$471,384,764
DEFERRED EXCISE TAX LIABILITY$7,682,816
FieldValueIRS element (for citing)
Total Liability$479,514,093TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$532,886,275TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$161,099,157NetUnrealizedGainsInvstAmt
Other Revenue-$7,422,013OtherRevenueAmt
Revenue Not Reported$153,677,144RevenueNotReportedAmt
Revenue Subtotal$379,209,131RevenueSubtotalAmt
Other Revenues Not Included$68,683,437OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$68,683,437RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$447,892,568TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$297,406,160TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$297,406,160ExpensesSubtotalAmt
Other Expenses Not Included$68,683,437OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$68,683,437ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$366,089,597TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1a Collections of Art, Historical Treasures, or Other Similar AssetsTHE COLLEGE'S ART AND RARE BOOK COLLECTIONS ARE RECORDED AT COST OR APPRAISED VALUE AT THE DATE OF ACQUISITION. COLLECTIONS ARE NOT DEPRECIATED.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE MUSEUM'S PRINCIPAL MISSION IS TO ENCOURAGE MULTIDISCIPLINARY TEACHING THROUGH ENCOUNTERS WITH ART OBJECTS THAT TRAVERSE TIME PERIODS AND CULTURES.
Schedule D, Part IV, Line 2b Explanation of escrow agreementWILLIAMS COLLEGE SERVES AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON ITS BALANCE SHEET.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE COLLEGE MANAGES AND INVESTS THE ENDOWMENT TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE COLLEGE. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIPS FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteWilliams College is exempt from federal and state income taxes to the extent provided by section 501(c)(3) of the Internal Revenue Code and equivalent state provisions, except with regard to unrelated business income which is taxable at corporate income tax rates, and provisions of the 2017 Tax Cuts and Jobs Act (the "Act"). The Act impacts the College in several ways, including excise taxes on compensation and net investment income, changes to the net operating loss rules, repeal of the certain minimum tax (AMT), and the computation of UBTI separately for each unrelated trade or business. Further, the Act established a flat 21% US federal corporate tax rate and federal corporate unrelated business income tax rate. The College has made provisions for a deferred tax liability from net unrealized gains on qualifying assets and estimated at the 1.4% tax rate of $6.7 million and $3.8 million as of June 30, 2024 and 2023, respectively. Accruals for the current portion of the excise and compensation tax of $1.0 million were also included for the years ending June 30, 2024 and 2023. Excise taxes paid related to the year ended June 30, 2023 were $1.1 million. The College believes it has taken no significant uncertain tax positions.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Investment Income, annuitant payments and change in value of split-interest agreements, net - -2130925 Adjustments for post-employment liabilities - -2234381 Unrealized gains on interest rate swaps - 1980297 Change in non controlling interest - -1531520 Deferred excise tax - nonoperating - -3874857 Gain on purchase of noncontrolling interest - 1390348 Other adjustment - 157448 Write off of uncollectible contributions receivable - -1178423
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsFinancial Aid - 71751650 Rental Expenses - -3068213
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsFinancial Aid - 71751650 Rental Expenses - -3068213

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYWilliams College has publicized its racially nondiscriminatory policy on its course catalog/BULLETIN AND ON THE COLLEGE'S WEBSITE AT WWW.WILLIAMS.EDU.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTSTUDENTS AT WILLIAMS COLLEGE RECEIVE TITLE IV FEDERAL FINANCIAL AID. STUDENTS APPLY FOR AND RECEIVE FEDERAL FINANCIAL AID & PROFESSORS APPLY FOR AND RECEIVE GOVERNMENT GRANTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)11Program ServicesInstruction$1,672,218
Europe (Including Iceland and Greenland)11Program ServicesAdministrative Expenses$33,323
Europe (Including Iceland and Greenland)11Program ServicesResearch$864
North America (Canada & Mexico only)00Program ServicesResearch$2,000
North America (Canada & Mexico only)00Program ServicesAdministrative Expenses$9,168
Central America and the Caribbean00Program ServicesInstruction$81,588
East Asia and the Pacific00Program ServicesInstruction$950
East Asia and the Pacific00Program ServicesResearch$2,479
South Asia00Program ServicesInstruction$3,075
South Asia00Program ServicesResearch$545
Sub-Saharan Africa00Program ServicesInstruction$5,500
Russia and Neighboring States00Program ServicesInstruction$500
Central America and the Caribbean00Investments$1,966,736,913
Europe (Including Iceland and Greenland)00Investments$42,488,484
Sub-Saharan Africa00Investments$64,229,377
FieldValueIRS element (for citing)
Subtotal Offices3SubtotalOfficesCnt
Subtotal Employees3SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office3TotalOfficeCnt
Total Employee3TotalEmployeeCnt
Subtotal Spent$2,075,266,984SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,075,266,984TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
FINANCIAL AID -SCHOLARSHIPS TO STUDENTSRussia and Neighboring States8$12,840CASH PAYMENTN/AFMV
FINANCIAL AID -SCHOLARSHIPS TO STUDENTSSouth America9$14,781CASH PAYMENTN/AFMV
STUDY AWAYEurope (Including Iceland and Greenland)18$518,588CASH PAYMENTN/AFMV
STUDY AWAYEast Asia and the Pacific4$16,557CASH PAYMENTN/AFMV
FELLOWSHIPSEurope (Including Iceland and Greenland)14$585,957CASH PAYMENTN/AFMV
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part I, Line 2 Procedures for monitoring use of grant fundsFOR THE STUDENT TUITION PAYMENTS, WE REMIT FUNDS DIRECTLY TO THE INSTITUTIONS BASED ON INVOICES RECEIVED FROM THE INSTITUTIONS.
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsCENTRAL AMERICA AND THE CARIBBEAN-Accrual,; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual,
Schedule F, Part III Method used to account for expenditures on org's financial statementsEAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual RUSSIA AND NEIGHBORING STATES -Accrual SOUTH AMERICA -Accrual

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (17 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Berkshire Black Economic Council
33 Dunham MallSuite 101PittsfieldMA01201854196468501(c)(3)$7,000Program Support
Berkshire Immigrant Center
67 East StreetPittsfieldMA01201862361326501(c)(3)$7,000Program Support
Harmony Homestead & Wholeness Center Inc
101 West End RoadHillsdaleNY12529822830803501(c)(3)$7,000Program Support
Images Cinema
PO Box 283WilliamstownMA01267043407257501(c)(3)$31,002Program Support
Massachusetts MoCA Foundation Inc
1040 Mass Moca WayNorth AdamsMA01247043113688501(c)(3)$55,000Program Support
Multicultural BRIDGE
17 Main Street Suite B3LeeMA01238261211169501(c)(3)$7,000Program Support
NAACP Berkshire County Branch
PO Box 605PittsfieldMA01201800873976501(c)(4)$7,000Program Support
New Canaan Community Foundation
111 Cherry StreetNew CanaanCT06840060970466501(c)(3)$16,185Program Support
Northern Berkshire United Way Inc
PO Box 955North AdamsMA01247042104785501(c)(3)$7,444Program Support
Rites of Passage And Empowerment
PO Box 1016PittsfieldMA01202874393361501(c)(3)$7,000Program Support
Soul Fire Farm Institute Inc
1972 NY Highway 2PetersburgNY12138472549969501(c)(3)$7,000Program Support
Stockbridge-Munsee Community
N8476 Moh He Con Nuck RoadBowlerWI54416391145449Tribe$7,000Program Support
The Boston Foundation
75 Arlington Street FL 3BostonMA02116042104021501(c)(3)$143,969Program Support
Trustees of Tufts College
169 Holland StreetSomervilleMA02144042103634501(c)(3)$10,000Program Support
Williamstown Community Chest
PO Box 204WilliamstownMA01267046044550501(c)(3)$27,044Program Support
Williamstown Youth Center
66 School StreetWilliamstownMA01267042105836501(c)(3)$15,000Program Support
WilliNet Inc
34 Spring StreetWilliamstownMA01267043253056501(c)(3)$10,625Program Support
FieldValueIRS element (for citing)
Total501c3 Org15Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AID - SCHOLARSHIPS TO STUDENTSGrantTypeTxt
Recipient1188RecipientCnt
Cash Grant$71,751,650CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationFINANCIAL AID TO INDIVIDUALS IS AWARDED BY FINANCIAL AID PROFESSIONALS IN ACCORDANCE WITH THE COLLEGE POLICIES. GRANTS TO ORGANIZATIONS IN PART II ARE TO SUPPORT LOCAL SERVICE ORGANIZATIONS IN THE SURROUNDING COMMUNITIES. Williams has close proximity to these local schools, community organizations, and 501(C)3 organizations in order to monitor the use of its funds.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MAUD MANDEL
PRESIDENT$660,350$0$0$0$14,502$0$137,194$0$79,717$0$891,763$0$0$0
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER (THROUGH JUNE 30, 2023)$654,860$0$214,277$0$47,029$0$102,373$0$24,366$0$1,042,905$0$214,277$0
DAVID LOVE
FORMER PROVOST, PROF OF ECONOMICS$230,867$0$0$0$1,005$0$26,175$0$31,843$0$289,890$0$0$0
MARLENE SANDSTROM
FORMER DEAN OF COLLEGE, PROF OF PSYCH$224,335$0$0$0$0$0$25,391$0$31,843$0$281,569$0$0$0
PROTIK M MAJUMDER
FORMER PRESIDENT, PROF OF PHYSICS$180,217$0$0$0$0$0$20,475$0$38,779$0$239,471$0$0$0
LEE PARK
FORMER DEAN OF THE FACULTY, PROF OF CHEMISTRY$185,399$0$0$0$0$0$20,682$0$25,574$0$231,655$0$0$0
DENISE BUELL
FORMER DEAN OF THE FACULTY, PROF OF RELIGION$174,951$0$0$0$0$0$19,230$0$36,548$0$230,729$0$0$0
SAFA ZAKI
FORMER DEAN OF THE FACULTY, PROF OF PSYCHOLOGY$151,799$0$0$0$433$0$17,673$0$16,475$0$186,380$0$0$0
MICHAEL WAGNER
VP FOR FINANCE & OPERATIONS, TREASURER$490,114$0$0$0$67,082$0$37,194$0$38,609$0$632,999$0$0$0
ABIGAIL WATTLEY
CHIEF INVESTMENT OFFICER (EFFECTIVE JULY 1, 2023)$497,182$0$66,854$0$975$0$37,194$0$392$0$602,597$0$0$0
MEGAN MOREY
VP OF COLLEGE RELATIONS$402,297$0$5,000$0$0$0$37,194$0$82,213$0$526,704$0$0$0
MARGARET LONG
DEAN OF THE COLLEGE$267,596$0$0$0$23,261$0$33,296$0$66,214$0$390,367$0$0$0
EIKO SINIAWER
PROVOST$269,344$0$0$0$23,023$0$33,296$0$24,251$0$349,914$0$0$0
LETICIA SMITH-EVANS HAYNES
VP FOR INSTITUTIONAL DIVERSITY, EQUITY, AND INCLUSION$255,361$0$0$0$0$0$29,864$0$38,093$0$323,318$0$0$0
JAMES REISCHE
VP OF COMMUNICATIONS$233,135$0$0$0$22,500$0$29,864$0$35,341$0$320,840$0$0$0
KELI GAIL
SECRETARY OF THE COLLEGE$264,180$0$0$0$100$0$29,864$0$22,435$0$316,579$0$0$0
LARA SHORE-SHEPPARD
DEAN OF THE FACULTY (EFFECTIVE JULY 1, 2023)$225,158$0$0$0$11,350$0$26,326$0$37,671$0$300,505$0$0$0
BRADFORD WAKEMAN
MANAGING DIR / COO, INV OFFICE$407,632$0$64,610$0$1,800$0$37,194$0$32,724$0$543,960$0$0$0
JAMES ART
GENERAL COUNSEL$270,339$0$0$0$0$0$31,185$0$98,664$0$400,188$0$0$0
PAMELA FRANKS
DIRECTOR OF THE WILLIAMS COLLEGE MUSEUM OF ART$264,371$0$5,000$0$0$0$30,205$0$47,386$0$346,962$0$0$0
KENNETH KUTTNER
PROFESSOR OF ECONOMICS$265,649$0$0$0$0$0$29,343$0$50,254$0$345,246$0$0$0
JOHN KLEINER
PROFESSOR OF ENGLISH$280,648$0$0$0$0$0$10,554$0$26,227$0$317,429$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Housing allowance or residence for personal useTHE PRESIDENT WAS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF THEIR EMPLOYMENT AND FOR THE CONVENIENCE OF WILLIAMS. Pursuant to section 119, the housing is excludable from income and was not treated as taxable compensation. ONE LISTED OFFICER RECEIVED A TAXABLE HOUSING ALLOWANCE. THE VALUE OF THE ALLOWANCE IS IMPUTED AS INCOME AND REPORTED ON FORM W-2. THE VALUE OF THE ALLOWANCE IS INCLUDED IN PART II, COLUMN B(III).
Schedule J, Part I, Line 1a Health or social club dues or initiation feesWILLIAMS PAID DUES FOR A PRIVATE ALUMNI CLUB FOR THE PRESIDENT. THE AMOUNTS were paid for qualified business purposes and not REPORTED AS TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Personal servicesTHE PRESIDENT RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT THEIR HOUSE. SUCH SERVICES THAT WERE NOT BUSINESS RELATED WERE REPORTED AS TAXABLE COMPENSATION ON FORM W-2. THE VALUE OF THE SERVICES IS INCLUDED IN PART II, COLUMN B(III).
Schedule J, Part I LINE 4B AND LINE 7MEMBERS OF THE INVESTMENT OFFICE STAFF ARE ELIGIBLE TO RECEIVE AN ANNUAL BONUS UP TO A CERTAIN PERCENTAGE OF THEIR BASE SALARY. THE BONUS IS DETERMINED BY THE PERFORMANCE OF THE INVESTMENT PORTFOLIO IN RELATION TO THE PERFORMANCE OF THE POLICY BENCHMARK. THE POLICY BENCHMARK IS ESTABLISHED BY THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE BONUS IS PAID OUT OVER TIME, REQUIRES THE INDIVIDUAL TO REMAIN EMPLOYED IN ORDER TO BE ELIGIBLE TO RECEIVE PAYMENT, AND IS SUBJECT TO NEGATIVE EARNINGS PROVISIONS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS HEALTH & EDU FACILITIES AUTHORITY - SERIES J&K
A04245601157586CPX72006-04-03$73,396,5731996 & 2003 CURRENT REFUNDINGfalsefalsefalse
MASS DEVELOPMENT FINANCE Agency - SERIES N&O
B04343181457583UAA62011-03-24$92,077,256CONSTRUCTION AND 1993 & 2007 CURRENT REFUNDINGfalsefalsefalse
MASS HEALTH & EDU FACILITIES AUTHORITY - H&I
C04245601157585KW792003-04-02$115,049,757CONSTRUCTION AND 1993 CURRENT REFUNDINGfalsefalsefalse
MASS DEVELOPMENT FINANCE AGENCY - SERIES Q&R
D04343181457584XTN12016-07-14$118,161,121New construction and Refinance 2006 & 2007 debtfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapital ExpendituresCapitalExpendituresAmtBond DefeasedBondDefeasedAmt
A$63,670,814$73,396,573$556,293$72,840,2802006Yes (true)falseYes (true)Yes (true)
B$41,236,233$92,077,256$661,056$41,250,0002013Yes (true)falseYes (true)Yes (true)$50,166,200
C$100,796,702$115,049,757$644,884$13,705,4682005Yes (true)falseYes (true)Yes (true)$100,699,405
D$10,773,270$118,161,121$621,091$47,540,0302018Yes (true)falseYes (true)Yes (true)$70,000,000$0

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Bfalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Cfalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Dfalsefalsefalsefalse0.00.00.0falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd
MORGAN STANLEY
AfalsefalsefalseYes (true)Yes (true)Yes (true)20.0falsefalsefalsefalseYes (true)
(no name)
BfalsefalsefalseYes (true)Yes (true)falsefalsefalseYes (true)
Trinity
CfalsefalsefalseYes (true)falsefalseYes (true)falseYes (true)3.2Yes (true)
Goldman Sachs
DfalsefalsefalseYes (true)Yes (true)Yes (true)30.0falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part IV, Line 2c COLUMN AIssuer name: MASS. HEALTH & EDU FACILITIES AUTHORITY - SERIES J&K The calculation for computing no rebate due was performed on 08/22/2016
Schedule K, Part IV, Line 2c COLUMN BIssuer name: MASS. DEVELOPMENT FINANCE Agency - SERIES N&O The calculation for computing no rebate due was performed on 08/12/2020
Schedule K, Part IV, Line 2c COLUMN CIssuer name: MASS. HEALTH & EDU FACILITIES AUTHORITY - H&I The calculation for computing no rebate due was performed on 03/22/2007
Schedule K, Part IV, Line 2c COLUMN DIssuer name: MASS. DEVELOPMENT FINANCE AGENCY - SERIES Q&R The calculation for computing no rebate due was performed on 09/20/2021
Schedule K, Part IV, Line 2c COLUMN AIssuer name: MASS. DEVELOPMENT FINANCE AGENCY SERIES S The calculation for computing no rebate due was performed on 09/17/2021

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS DEVELOPMENT FINANCE AGENCY SERIES S
A04343181457584XS772017-06-08$60,495,031CONSTRUCTIONfalsefalsefalse
MASS DEVELOPMENT FINANCE AGENCY SERIES T
B04343181457584YK242021-03-11$25,924,9812011 CURRENT REFUNDINGfalsefalsefalse
MASS DEVELOPMENT FINANCE AGENCY SERIES U
C0434318142023-04-04$99,670,0002013 CURRENT REFUNDINGfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$2,832,655$0$60,495,031$387,376$60,000,000$107,6552019falsefalseYes (true)Yes (true)
B$3,933,295$25,924,981$351,466$25,573,5152021Yes (true)falseYes (true)Yes (true)
C$0$99,670,000$272,960$99,397,0402023Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Bfalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Cfalsefalsefalsefalse0.00.00.0falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
BfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)
CfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
DAVID LOVE
Former ProvostMORTGAGE ON PRIMARY ResidenceYes (X)$100,000$51,924falsefalseYes (true)
Eiko Siniawer
ProvostMORTGAGE ON PRIMARY ResidenceYes (X)$100,000$48,188falsefalseYes (true)
Margaret Long
Dean of The CollegeMortgage on Primary ResidenceYes (X)$100,000$35,233falsefalseYes (true)
FieldValueIRS element (for citing)
Total Balance Due$135,345TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$10,315CashGrantAmt
Type Of AssistanceInternship grantsTypeOfAssistanceTxt
Assistance PurposeStudent assistanceAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
NOAH SANDSTROM
SPOUSE OF MARLENE SANDSTROM, FORMER OFFICER$214,744EMPLOYMENT AGREEMENTfalse
ANTHONY SHEPPARD
Spouse of Lara Shore-Sheppard, Dean of Faculty$272,539EMPLOYMENT AGREEMENTfalse
STEVEN SIMON
Spouse of Maud Mandel, President$37,314EMPLOYMENT AGREEMENTfalse

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule L, Part II Column (h)ELIGIBLE EMPLOYEES, INCLUDING LISTED PERSONS, ENTER INTO MORTGAGE AGREEMENTS IN ACCORDANCE WITH POLICIES AND PROCEDURES AS OUTLINED IN FACULTY AND STAFF HANDBOOKS WHICH HAVE BEEN APPROVED BY APPLICABLE GOVERNING COMMITTEES. EACH MORTGAGE IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION & TREASURER TO ENSURE COMPLIANCE AND CONSISTENCY WITH THE POLICY.
Schedule L, Part III Columns (a) and (b)PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINACIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPERATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$600,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesOpinions of expertsMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$70,882NoncashContributionsRptF990Amt
Method Of Determining RevenuesOpinions of expertsMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution259ContributionCnt
Noncash Contributions Rpt F990$10,781,089NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$30,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescLaboratory equipment, telescopes, dinners, host reimbursementsDesc
Contribution9ContributionCnt
Noncash Contributions Rpt F990$20,944NoncashContributionsRptF990Amt
Method Of Determining RevenuesOpinions of expertsMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received5Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONSIN COLUMN B, THE COLLEGE IS GENERALLY REPORTING THE NUMBER OF CONTRIBUTIONS. FOR WORKS OF ART, THE COLLEGE IS REPORTING THE NUMBER OF Donors.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsWILLIAMS COLLEGE GENERALLY USES A BROKER/AGENT TO FACILITATE THE SALE OF REAL PROPERTY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1 ORGANIZATION'S MISSIONWILLIAMS SEEKS TO PROVIDE THE FINEST POSSIBLE LIBERAL ARTS EDUCATION BY NURTURING IN ITS STUDENTS THE ACADEMIC AND CIVIC VIRTUES AND THEIR RELATED TRAITS OF CHARACTER. AS BOTH AN EDUCATIONAL AND SOCIAL IMPERATIVE, WILLIAMS WELCOMES TALENTED STUDENTS IRRESPECTIVE OF THEIR FINANCIAL RESOURCES. ONCE ENROLLED, THEY LEARN - BOTH INSIDE AND OUTSIDE THE CLASSROOM - THAT THE PRIVILEGE OF A WILLIAMS EDUCATION IMPLIES BOTH THE OPPORTUNITY AND RESPONSIBILITY TO SERVE SOCIETY AT LARGE. THE COLLEGE STRIVES TO ACHIEVE SUCH EXCELLENCE BY FOSTERING A COMMUNITY OF LEARNING THAT COMPRISES STUDENTS, FACULTY AND STAFF, IN PARTNERSHIP WITH NETWORKS OF DEEPLY DEVOTED ALUMNI AND PARENTS.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeWILLIAMS COLLEGE'S GOVERNING BODY AND GOVERNING DOCUMENTS DELEGATE AUTHORITY ON A LIMITED SCOPE TO AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE PRESIDENT OF THE COLLEGE, AND 5-7 OTHER BOARD MEMBERS SELECTED ANNUALLY BY THE CHAIR AND PRESIDENT ACTING JOINTLY.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsMatthew Harris and Gretchen Howard - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyWORKING WITH CROWE LLP, THE FORM 990 IS PREPARED FOR REVIEW BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. CROWE LLP SIGNS THE RETURN AS PAID PREPARER. The final Form 990 is provided to the full board in advance of filing with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policyTRUSTEES, OFFICERS, AND SENIOR STAFF ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURE FORMS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES OR OFFICERS HAVING A CONFLICT OF INTEREST ON ANY MATTER THAT COMES BEFORE THE BOARD, OR ANY COMMITTEE OF THE BOARD, FOR ACTION RECUSE THEMSELVES FROM PARTICIPATING IN THE DECISION. EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. DISCLOSURES ARE REVIEWED BY DEPARTMENT HEADS AND SENIOR STAFF. ANY EMPLOYEE WITH A CONFLICT OF INTEREST WOULD BE PRECLUDED FROM INVOLVEMENT IN DECISION MAKING OR FINANCIAL DEALINGS WITH THE ENTITY OR RELATIONSHIP GIVING RISE TO THE CONFLICT. TRUSTEES, OFFICERS, AND EMPLOYEES ARE REQUIRED TO REPORT ANY MID-YEAR CHANGES TO THE PRESIDENT'S OFFICE AND THEIR SUPERVISOR RESPECTIVELY.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialWilliams College assigns the duty of setting the President's compensation to the Executive Committee of the Board of Trustees that annually reviews compensation. The Executive Committee considers compensation surveys, market data, and analysis. The deliberations and decisions are documented. This process took place in Spring of 2024.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesThe compensation of the organization's other officers and key employees is determined by the President. Each year, the Chief Human Resources Officer provides the President with a multiyear summary of compensation benchmarking data for members of senior staff. The benchmarking data comprises salary survey data aggregated by the College and University Professional Association of Human Resources, as well as an independent survey administered by Sullivan Cotter. The President consults with the Executive Committee of the board and the deliberations and decisions are documented. This process took place in Spring of 2024.
Form 990, Part VI, Line 18 How forms are made available to the publicTHE FORM 990 IS AVAILABLE UPON REQUEST, ON THE COLLEGE WEBSITE, AND ON GUIDESTAR.ORG. THE FORM 990-t IS AVAILABLE UPON REQUEST.
Form 990, Part VI, Line 19 Required documents available to the publicWILLIAMS COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE COLLEGE WEBSITE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesInvestment income, annuitant payments and change in value of split-interest agreements, net - -2130925; Adjustments for post-employment liabilities - -2234381; Unrealized gains on interest rate swaps - 1980297; Change in Noncontrolling interest - -1531520; Change in deferred tax liability and payable - nonoperating - -3874857; Other Adjustments - 157448; Gain on purchase of noncontrolling interest - 1390348; Write off of uncollectible contributions receivable - -1178423;
Schedule F, Part I, Line 3(a) ACTIVITIES PER REGIONTHE REGION REPORTED IN COLUMN (A) FOR THE COLLEGE'S INVESTMENTS IS BASED ON THE LEGAL DOMICILE OF THE INVESTMENT FUND AS PROVIDED IN THE SCHEDULE F INSTRUCTIONS. THIS DOES NOT NECESSARILY INCLUDE THE REGION OF THE UNDERLYING INVESTMENTS OR THE REGION WHERE THE INVESTMENT ACTIVITY OCCURS.
Schedule F, Part I, Line 3(f) EXPENDITURES FOR AND INVESTMENTS IN THE REGIONALL EXPENSES OF OUR PROGRAMS ARE RECORDED AS EXPENSES IN THE FINANCIAL STATEMENTS OF THE COLLEGE.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WILLIAMS INN LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1880 MAIN STREETAddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd
FieldValueIRS element (for citing)
EIN465431139EIN
Primary ActivitiesHOTELPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Total Income$7,218,567TotalIncomeAmt
End Of Year Assets$1,534,349EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1WILLIAMS COLLEGEBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
STERLING & FRANCINE CLARK ART INSTITUTE
225 SOUTH STREETWILLIAMSTOWNMA01267042163004ART MUSEUMMA501(c)(3)Type IWILLIAMS COLLEGEYes (true)
ASSOCIATED KYOTO PROGRAM INC
COLLEGE HALL RM 204NORTHAMPTONMA01063042996114EDUCATIONMA501(c)(3)Type III-FINAfalse
WILLIAMS COLLEGE LAND FOUNDATION
880 MAIN STREETWILLIAMSTOWNMA01267043158500RE HOLDINGMA501(c)(2)WILLIAMS COLLEGEYes (true)
WILLIAMS COLLEGE OXFORD PROGRAMME
EDUCATION501(c)(3)WILLIAMS COLLEGEYes (true)UK
WILLIAMS COLLEGE FOUNDATION (UK) LIMITED
EDUCATION501(c)(3)WILLIAMS COLLEGEYes (true)UK

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctDirect Controlling NADirectControllingNACdEINEIN
POOLED INCOME FUNDS (3)
880 Main streetWilliamstownMA01267FUNDRAISINGMAWILLIAMS COLLEGETrustYes (true)
PERPETUAL TRUSTS (5)
880 Main streetWilliamstownMA01267FUNDRAISINGMAWILLIAMS COLLEGETrustYes (true)
CHAR REM TRUSTS (23) SEE PART VII
880 Main streetWilliamstownMA01267FUNDRAISINGWILLIAMS COLLEGETrustYes (true)
BERMAN INC
TREASURERS OFFICE HOPKINS HALLSWILLIAMSTOWNMA01267ArtUTWILLIAMS COLLEGEC CorporationYes (true)$0$315,5001
OUTSIDE CHAR REM TRSTS (42)
FUNDRAISINGTrustYes (true)N/A
WILLIAMS RENEWABLES LLC
880 MAIN STREETWILLIAMSTOWNMA01267RENEWABLE ENERGYMAWILLIAMS COLLEGEC CorporationYes (true)$14,860$2,258,0081812875267
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PERPETUAL TRUSTS
C$858,391CASH
WILLIAMS COLLEGE OXFORD PROGRAMME
P$1,588,232CASH
STERLING AND FRANCINE CLARK ART INSTITUTE
R$13,000,000CASH
WILLIAMS COLLEGE FOUNDATION (UK) LIMITED
S$502,687CASH

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule R, Part IV, Column (c) CHARITABLE REMAINDER TRUSTSTHE CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (3) ARE LEGALLY DOMICILED IN CA, IL, MA, AND NY.
Schedule R, Part IV, Column (c) OUTSIDE MANAGED CHARITABLE REMAINDER TRUSTSTHE OUTSIDE MANAGED CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (5) ARE LEGALLY DOMICILED IN MA AND NY.
Schedule R, Part V, Line 2 STERLING AND FRANCINE CLARK ART INSTITUTEIN FEBRUARY OF 2017, THE COLLEGE AND THE STERLING AND FRANCINE CLARK INSTITUTE ENTERED INTO A PARTICIPATION AGREEMENT WHEREIN THE CLARK INSTITUTE TRANSFERED SUBSTANTIALLY ALL OF ITS ENDOWMENT OVER A THREE-YEAR PERIOD TO THE COLLEGE TO INVEST IN THE COLLEGE'S INVESTMENT POOL. THE COLLEGE MANAGES THE INVESTMENTS ON THE CLARK INSTITUTE'S BEHALF. THE FUNDS ARE INVESTED IN ACCORDANCE WITH THE COLLEGE'S INVESTMENT POLICIES AND OBJECTIVES. IN FY24, THE CLARK INSTITUTE WITHDREW $13,000,000.