THE TRUSTEES OF GRINNELL COLLEGE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF GRINNELL COLLEGE (EIN 42-0680387)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-08
IRS object ID: 202511289349300406
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-08T09:58:32-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 16TH STREET SUITE 1700	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	420680387	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TRUS	BusinessNameControlTxt
Phone	6412699700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	501122227	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GERMAINE GROSS	PersonNm
Person Title	VP FOR FINANCE & TREASURER	PersonTitleTxt
Phone	6412699700	PhoneNum
Signature	2025-05-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SARAH HINTZ	PreparerPersonNm
PTIN	P00492291	PTIN
Phone	3037795710	PhoneNum
Preparation	2025-05-05	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	GRINNELL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	GERMAINE GROSS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	501122227	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,417,777,046	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.GRINNELL.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1846	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	TO EDUCATE STUDENTS IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS.	ActivityOrMissionDesc
Voting Members Governing Body	28	VotingMembersGoverningBodyCnt
Voting Members Independent	28	VotingMembersIndependentCnt
Total Employee	2532	TotalEmployeeCnt
Total Volunteers	1338	TotalVolunteersCnt
Total Gross UBI	-$177,209	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$16,723,721	PYContributionsGrantsAmt
CY Contributions Grants	$12,104,838	CYContributionsGrantsAmt
PY Program Service Revenue	$125,562,938	PYProgramServiceRevenueAmt
CY Program Service Revenue	$131,669,818	CYProgramServiceRevenueAmt
PY Investment Income	$218,746,047	PYInvestmentIncomeAmt
CY Investment Income	$250,201,756	CYInvestmentIncomeAmt
PY Other Revenue	$3,413,719	PYOtherRevenueAmt
CY Other Revenue	$3,460,169	CYOtherRevenueAmt
PY Total Revenue	$364,446,425	PYTotalRevenueAmt
CY Total Revenue	$397,436,581	CYTotalRevenueAmt
PY Grants And Similar Paid	$69,009,919	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$74,231,930	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$94,429,590	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$99,763,628	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$13,544	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$249,159	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,870,345	CYTotalFundraisingExpenseAmt
PY Other Expenses	$73,370,686	PYOtherExpensesAmt
CY Other Expenses	$73,526,857	CYOtherExpensesAmt
PY Total Expenses	$236,823,739	PYTotalExpensesAmt
CY Total Expenses	$247,771,574	CYTotalExpensesAmt
PY Revenues Less Expenses	$127,622,686	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$149,665,007	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,023,180,797	TotalAssetsBOYAmt
Total Assets EOY	$3,191,620,072	TotalAssetsEOYAmt
Total Liabilities BOY	$278,805,066	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$277,555,434	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,744,375,731	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,914,064,638	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$129,246,855	ExpenseAmt
Grant	$72,866,986	GrantAmt
Revenue	$108,215,817	RevenueAmt
Desc	INSTRUCTIONAL PROGRAMS AT THE PRIVATE 4-YEAR RESIDENTIAL COLLEGE INCLUDE THE LIBERAL ARTS AND SCIENCES. GRINNELL OFFERS A BACHELOR OF ARTS IN 27 MAJOR FIELDS WITH 16 CONCENTRATIONS AND A 1:9 FACULTY TO STUDENT RATIO. GRINNELL COLLEGE HAS APPROXIMATELY 1,700 STUDENTS GENERALLY FROM ALL STATES AND ABOUT 50 OTHER COUNTRIES. AT THE CENTER OF A GRINNELL EDUCATION IS THE COLLEGE'S INDIVIDUALLY ADVISED CURRICULUM. IT COMBINES INTENSE FACULTY MENTORING WITH AN UNCOMMON LEVEL OF STUDENT RESPONSIBILITY FOR CHOOSING THEIR OWN UNIQUE SET OF COURSES.MENTORING BEGINS IN THE FIRST-YEAR TUTORIAL, THE ONLY REQUIRED COURSE AT GRINNELL COLLEGE. FACULTY MEMBERS FROM ALL ACADEMIC DEPARTMENTS TEACH THE TUTORIAL AND THEIR TOPICS VARY WIDELY, BUT EVERY TUTORIAL EMPHASIZES WRITING, CRITICAL THINKING AND ANALYSIS, DISCUSSION SKILLS, AND INFORMATION LITERACY.EACH TUTOR ALSO SERVES AS ADVISER TO THE TUTORIAL STUDENTS UNTIL THEY DECLARE A MAJOR FIELD OF STUDY, OFFERING GUIDANCE FROM AN INSTRUCTOR WITH PERSONAL KNOWLEDGE OF THEIR ACADEMIC INTERESTS, APTITUDES, AND NEEDS.THE TUTORIAL IS USUALLY LIMITED TO 14 STUDENTS, MAKING IT SMALLER THAN THE AVERAGE CLASS, THOUGH SIMILAR IN INTENSITY TO THE REST OF THE CURRICULUM. IN FACT, GRINNELL CLASSES GENERALLY ARE SMALL, WITH AN AVERAGE ENROLLMENT OF 16 AND FEWER THAN 5 PERCENT OF CLASSES ABOVE 30 STUDENTS.MANY ACADEMIC PROGRAMS OFFER A MENTORED ADVANCED PROJECT (MAP), EITHER AS INDEPENDENT STUDY OR IN THE CONTEXT OF A SEMINAR. THE MAP, CLOSELY GUIDED BY A FACULTY DIRECTOR, GIVES UPPER-LEVEL STUDENTS OPPORTUNITY TO CULMINATE A SEQUENCE OF ACADEMIC WORK BY COMPLETING AN ADVANCED PROJECT IN RESEARCH OR CREATIVE ARTS.AT ALL LEVELS OF THE CURRICULUM, GRINNELL COLLEGE STUDENTS RECEIVE AN EDUCATION ROOTED IN ACTIVE EXPERIENCE. FOR EXAMPLE, STUDENTS IN SCIENCE CLASSES ENGAGE IN DISCOVERY-BASED LEARNING, EVEN AT THE INTRODUCTORY LEVEL. EACH AREA OF THE FINE ARTS OFFERS OPPORTUNITIES FOR CREATIVE PRACTICE ALONGSIDE THE STUDY OF HISTORY, THEORY, AND FORMAL ANALYSIS.OUTSIDE THE CLASSROOM, THE CENTER FOR CAREERS, LIFE, AND SERVICE HAS COORDINATED MORE THAN 500 COLLEGE-FUNDED SUMMER INTERNSHIPS FOR STUDENTS OVER THE PAST FIVE YEARS. ABOUT A THIRD OF STUDENTS PARTICIPATE IN INTERCOLLEGIATE ATHLETICS THROUGH MEMBERSHIP ON VARSITY TEAMS.STUDENT-REGULATED RESIDENCE LIFE, ANOTHER IMPORTANT FEATURE OF A GRINNELL EDUCATION, TEACHES STUDENTS THE PRAGMATIC SOCIAL SKILLS OF SELF-GOVERNANCE AS THEY LIVE TOGETHER IN COMMUNITY.THE COLLEGE OFFERS A CALENDAR PACKED WITH CULTURAL EVENTS AND ACTIVITIES, INCLUDING CONCERTS, LECTURES, THEATRE, FILMS, AND OPPORTUNITIES FOR VOLUNTEER AND CIVIC INVOLVEMENT. GRINNELL HAS NEVER HAD FRATERNITIES OR SORORITIES; SOCIAL EVENTS ARE OPEN TO ALL MEMBERS OF THE COLLEGE.GRINNELL'S EMPHASIS ON ACTIVE LEARNING EXTENDS TO PARTICIPATION IN THE GLOBAL COMMUNITY. WITH INTERNATIONAL STUDENTS MAKING UP NEARLY 20 PERCENT OF THE STUDENT BODY AND DOMESTIC STUDENTS REPRESENTING EVERY STATE, GRINNELL OFFERS A GEOGRAPHICALLY AND CULTURALLY DIVERSE ENVIRONMENT FOR LIVING AND LEARNING. A FLOURISHING INSTITUTE FOR GLOBAL ENGAGEMENT COORDINATES AND HIGHLIGHTS THE MANY COURSES AND PROGRAMS AT GRINNELL COLLEGE WITH A GLOBAL PERSPECTIVE. EVEN WITHOUT A LANGUAGE REQUIREMENT, NEARLY ALL STUDENTS ELECT TO STUDY A FOREIGN LANGUAGE. MORE THAN HALF OF GRINNELL STUDENTS (A NUMBER MATCHED BY VERY FEW OTHER COLLEGES) SPEND A SEMESTER IN OFF-CAMPUS STUDY. NEARLY ALL OF THESE STUDENTS DECIDE TO LIVE AND STUDY OUTSIDE OF THE UNITED STATES.INTENSIVE TEACHING, ACTIVE LEARNING, RESIDENCE IN A COMMUNITY OF CULTURAL AND GLOBAL DIVERSITY, AND SELF-GOVERNANCE IN BOTH SOCIAL AND ACADEMIC LIFE--THESE ELEMENTS COME TOGETHER AT GRINNELL COLLEGE TO FORM A DISTINCTIVE EXPERIENCE OF LIBERAL EDUCATION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$33,824,273	ExpenseAmt
Grant	$534,089	GrantAmt
Revenue	$0	RevenueAmt
Desc	ACADEMIC AND INSTITUTIONAL SUPPORT INCLUDES LIBRARY, FACULTY DEVELOPMENT, COMPUTER SERVICES, PUBLIC RELATIONS, PRINTING SERVICES, MAIL SERVICES, AND OTHER EXPENDITURES TO SUPPORT THE ACTIVITIES OF THE COLLEGE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$31,973,290	ExpenseAmt
Grant	$830,855	GrantAmt
Revenue	$703,365	RevenueAmt
Desc	STUDENT SERVICES INCLUDES REGISTRATION, COUNSELING, ADMISSION AND FINANCIAL AID, HEALTH SERVICES, INTERCOLLEGIATE ATHLETICS, LECTURES, CONVOCATIONS AND OTHER STUDENT PROGRAMS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$23,274,062	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$22,750,636	RevenueAmt
Desc	OTHER PROGRAM SERVICES INCLUDE AUXILIARY ENTERPRISES SUCH AS HOUSING AND FOOD SERVICE.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$23,274,062	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$22,750,636	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$218,318,480	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	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	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	Yes (1)	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	2207	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2532	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (1)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	Yes (1)	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	28	GoverningBodyVotingMembersCnt
Independent Voting Member	28	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	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	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	0	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GERMAINE GROSS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6412699700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD ST	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50112	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JAINEN THAYER
CHIEF INVESTMENT OFFICER	60.00	0.00	Yes (X)	$1,033,208	$0	$72,831
ANNE HARRIS
PRESIDENT	60.00	0.00	Yes (X)	$627,118	$0	$160,926
VALBONA SCHWAB
DEPUTY CHIEF INVESTMENT OFFICER	50.00	0.00		$619,746	$0	$61,078	Yes (X)
GERMAINE Y GROSS
VP FINANCE & TREASURER	60.00	0.00	Yes (X)	$409,550	$0	$54,438
LACEY F JOHNSON
MANAGING DIRECTOR	50.00	0.00		$401,394	$0	$45,322	Yes (X)
BERONDA L MONTGOMERY
DEAN & VP ACADEMIC AFFAIRS	60.00	0.00		$307,129	$0	$51,388		Yes (X)
JOSEPH P BAGNOLI
VP ENROLLMENT & DEAN OF ADMISSION	60.00	0.00		$275,996	$0	$55,941		Yes (X)
ROBERT WELCH
DIRECTOR OF INVESTMENTS	50.00	0.00		$254,890	$0	$27,910	Yes (X)
ELLEN F DE GRAFFENREID
VP COMMUNICATION & MARKETING	60.00	0.00		$229,703	$0	$48,656	Yes (X)
HENRY W MOYER
PROFESSOR OF POLITICAL SCIENCE	50.00	0.00		$236,632	$0	$35,373	Yes (X)
NANCY L COMBS
ASSOCIATE VP FINANCE & ASST TREASURER	50.00	0.00		$217,431	$0	$44,748			Yes (X)
MYRNA Y HERNANDEZ
CHIEF OF STAFF & VP ADMINISTRATION	60.00	0.00		$212,283	$0	$32,935		Yes (X)
JANA L GRIMES
VP HUMAN RESOURCES	60.00	0.00		$212,067	$0	$32,704		Yes (X)
ELAINE M MARZLUFF
PROFESSOR OF CHEMISTRY	50.00	0.00		$177,651	$0	$29,568			Yes (X)
MARGARET E BAIR
DIRECTOR OF BOARD RELATIONS	50.00	0.00	Yes (X)	$109,637	$0	$37,668
MICHAEL B KAHN
TRUSTEE & BOARD CHAIR	7.00	0.00	Yes (X)	$0	$0	$0				Yes (X)
CHRISTINA R CUTLIP
TRUSTEE & VICE-CHAIR	4.00	0.00	Yes (X)	$0	$0	$0				Yes (X)
MATTHEW E WELCH
TRUSTEE & VICE-CHAIR	4.00	0.00	Yes (X)	$0	$0	$0				Yes (X)
ODILE DISCH-BHADKAMKAR
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
JEETANDER DULANI
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
SHELLEY FLOYD
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
JULIE GOSSELINK
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
JON GRAY
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
GRACIELA GUZMAN
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
BERNARD JACKSON JR
TRUSTEE & ALUMNI COUNCIL PRESIDENT	2.00	0.00		$0	$0	$0				Yes (X)
KEITH A JANTZEN
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
BRUCE KOFF
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
KIMBERLY A KUNCL
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
TOBI KLEIN MARCUS
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
DAVID E MAXWELL
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
KATHRYN MOHRMAN
TRUSTEE (UNTIL 5/24)	2.00	0.00		$0	$0	$0				Yes (X)
GEORGE MOOSE
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
JEANNE MYERSON
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
YUKI NARULA
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
ANGELA ONWUACHI-WILLIG
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
STEVE PICKLE
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
NANCY L RADERMECHER
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
GABE RODRIGUEZ
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
LAURA SANDER
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
STEPHEN SANDQUIST
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
W ED SENN
TRUSTEE (UNTIL 3/24)	2.00	0.00		$0	$0	$0				Yes (X)
HAM SERUNJOGI
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
KRISTIN STOUT
TRUSTEE	3.00	0.00		$0	$0	$0				Yes (X)
SHERYL WALTER
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)
ERIC E WHITAKER
TRUSTEE (UNTIL 5/24)	2.00	0.00		$0	$0	$0				Yes (X)
CONNIE WIMER
TRUSTEE	2.00	0.00		$0	$0	$0				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,324,435	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$791,486	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	195	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	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
OPN INC
200 5TH AVE SE SUITE 201	CEDAR RAPIDS	IA	52401	ARCHITECTURE	$2,033,683
THE WEITZ COMPANY
611 5TH AVE SUITE 300	DES MOINES	IA	50309	CONSTRUCTION	$1,114,406
EAGLE CAPITAL
499 PARK AVENUE 17TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	$1,005,989
SUMMIT STREET CAPITAL MANAGEMENT LLC
509 MADISON AVE 19TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	$590,833
NYEMASTER GOODE PC
700 WALNUT STREET 1300	DES MOINES	IA	50309	ATTORNEY	$532,373

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	35	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,173,847	GovernmentGrantsAmt
All Other Contributions	$10,930,991	AllOtherContributionsAmt
Noncash Contributions	$2,043,133	NoncashContributionsAmt
Total Contributions	$12,104,838	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	611600	$108,223,663	$108,223,663
AUXILIARY SERVICES	611710	$22,472,859	$22,472,859
FEES, SOURCES, & FINES	611710	$703,365	$703,365
ALUMNI FEES	611710	$277,777	$277,777
INDIRECT COST RECOVERY	611710	$1,600	$1,600

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$9,446	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$9,446	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$131,669,818	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$18,585,109	TotalRevenueColumnAmt
Unrelated Business Revenue	-$303,268	UnrelatedBusinessRevenueAmt
Exclusion	$18,888,377	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,260,251	TotalRevenueColumnAmt
Exclusion	$3,260,251	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$180,377	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$203,468	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$23,091	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$23,091	TotalRevenueColumnAmt
Exclusion	-$23,091	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,251,568,592	SecuritiesAmt
Other	$185,052	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,019,965,553	SecuritiesAmt
Other	$171,444	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$231,603,039	SecuritiesAmt
Other	$13,608	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$231,616,647	TotalRevenueColumnAmt
Unrelated Business Revenue	$126,059	UnrelatedBusinessRevenueAmt
Exclusion	$231,490,588	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$223,009	TotalRevenueColumnAmt
Exclusion	$223,009	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$223,009	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$397,436,581	TotalRevenueColumnAmt
Related Or Exempt Func Income	$131,669,818	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$177,209	UnrelatedBusinessRevenueAmt
Exclusion	$253,839,134	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$200,206	TotalAmt
Program Services	$200,206	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$54,000,362	TotalAmt
Program Services	$54,000,362	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$20,031,362	TotalAmt
Program Services	$20,031,362	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,880,405	TotalAmt
Program Services	$340,789	ProgramServicesAmt
Management And General	$3,140,132	ManagementAndGeneralAmt
Fundraising	$399,484	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$3,209,565	TotalAmt
Program Services	$1,692,084	ProgramServicesAmt
Management And General	$1,155,578	ManagementAndGeneralAmt
Fundraising	$361,903	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$69,699,572	TotalAmt
Program Services	$61,045,869	ProgramServicesAmt
Management And General	$5,819,629	ManagementAndGeneralAmt
Fundraising	$2,834,074	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,086,967	TotalAmt
Program Services	$5,514,731	ProgramServicesAmt
Management And General	$299,176	ManagementAndGeneralAmt
Fundraising	$273,060	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$11,721,428	TotalAmt
Program Services	$10,001,644	ProgramServicesAmt
Management And General	$1,170,007	ManagementAndGeneralAmt
Fundraising	$549,777	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,165,691	TotalAmt
Program Services	$4,525,984	ProgramServicesAmt
Management And General	$402,889	ManagementAndGeneralAmt
Fundraising	$236,818	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,223,573	TotalAmt
Program Services	$87,502	ProgramServicesAmt
Management And General	$1,136,071	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$297,568	TotalAmt
Management And General	$297,568	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$249,159	TotalAmt
Fundraising	$249,159	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,310,810	TotalAmt
Program Services	$17,477	ProgramServicesAmt
Management And General	$1,293,333	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,755,311	TotalAmt
Program Services	$3,348,589	ProgramServicesAmt
Management And General	$1,265,301	ManagementAndGeneralAmt
Fundraising	$141,421	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$516,517	TotalAmt
Program Services	$468,949	ProgramServicesAmt
Management And General	$45,265	ManagementAndGeneralAmt
Fundraising	$2,303	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,664,300	TotalAmt
Program Services	$9,960,231	ProgramServicesAmt
Management And General	$259,025	ManagementAndGeneralAmt
Fundraising	$445,044	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,526,231	TotalAmt
Program Services	$3,659,344	ProgramServicesAmt
Management And General	$866,287	ManagementAndGeneralAmt
Fundraising	$600	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$21,636	TotalAmt
Program Services	$21,636	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,716,543	TotalAmt
Program Services	$7,830,699	ProgramServicesAmt
Management And General	$648,446	ManagementAndGeneralAmt
Fundraising	$237,398	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,961,620	TotalAmt
Program Services	$3,876,762	ProgramServicesAmt
Management And General	$604,482	ManagementAndGeneralAmt
Fundraising	$480,376	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,721,346	TotalAmt
Program Services	$1,180,283	ProgramServicesAmt
Management And General	$334,852	ManagementAndGeneralAmt
Fundraising	$206,211	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$6,163,661	TotalAmt
Program Services	$6,163,661	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,696,378	TotalAmt
Program Services	$14,096,484	ProgramServicesAmt
Management And General	$439,128	ManagementAndGeneralAmt
Fundraising	$160,766	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$818,292	TotalAmt
Program Services	$818,292	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
OFF CAMPUS PROGRAM COST	$4,167,998	$4,167,998
AUXILIARY COGS	$3,400,480	$3,400,480
INVEST. EXCISE AND UBI	$3,193,056	$47,840	$3,145,216
SPECIAL PROGRAMS	$505,866	$374,148	$131,718

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,865,671	TotalAmt
Program Services	$1,445,074	ProgramServicesAmt
Management And General	$128,646	ManagementAndGeneralAmt
Fundraising	$291,951	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$247,771,574	TotalAmt
Program Services	$218,318,480	ProgramServicesAmt
Management And General	$22,582,749	ManagementAndGeneralAmt
Fundraising	$6,870,345	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,485,181	BOYAmt
EOY	$3,793,588	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,512,152	BOYAmt
EOY	$5,638,851	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,961,325	BOYAmt
EOY	$5,891,933	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$13,277	BOYAmt
EOY	$3,011	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,152,892	BOYAmt
EOY	$1,185,912	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,467,547	BOYAmt
EOY	$5,020,506	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$675,172,431	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$273,882,506	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$355,666,708	BOYAmt
EOY	$401,289,925	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$390,081,350	BOYAmt
EOY	$300,352,683	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,254,439,662	BOYAmt
EOY	$2,465,371,537	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,400,703	BOYAmt
EOY	$3,072,126	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,023,180,797	BOYAmt
EOY	$3,191,620,072	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$38,949,867	BOYAmt
EOY	$42,797,060	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$4,675,659	BOYAmt
EOY	$4,021,000	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$163,932,904	BOYAmt
EOY	$159,025,743	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$3,119,979	BOYAmt
EOY	$2,966,997	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$60,051,422	BOYAmt
EOY	$60,379,734	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,075,235	BOYAmt
EOY	$8,364,900	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$278,805,066	BOYAmt
EOY	$277,555,434	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	$1,884,890,637	BOYAmt
EOY	$1,997,943,479	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$859,485,094	BOYAmt
EOY	$916,121,159	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,744,375,731	BOYAmt
EOY	$2,914,064,638	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,023,180,797	BOYAmt
EOY	$3,191,620,072	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$149,665,007	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$23,148,445	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$3,124,545	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
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	$17,404,452	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$11,462,523	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$16,685,086	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,723,721	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,104,838	CurrentTaxYearAmt
Total	$74,380,620	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,404,452	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$11,462,523	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$16,685,086	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,723,721	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,104,838	CurrentTaxYearAmt
Total	$74,380,620	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$4,917,348	SubstantialContributorsTotAmt
Public Support Total170	$69,463,272	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,462,887	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,023,161	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,647,988	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$29,110,153	CurrentTaxYearMinus1YearAmt
Current Tax Year	$21,771,096	CurrentTaxYearAmt
Total	$75,015,285	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$286,953	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,690,918	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$708,694	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$2,686,565	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,948	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,001	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$19,470	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,005	CurrentTaxYearMinus1YearAmt
Current Tax Year	$223,009	CurrentTaxYearAmt
Total	$280,433	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$152,362,903	TotalSupportAmt
Gross Receipts Rltd Activities	$572,393,822	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.45590	PublicSupportCY170Pct
Public Support PY170	0.47360	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	MISC REVENUE - 2019 AMOUNT: $ 17,948. 2020 AMOUNT: $ 2,001. 2021 AMOUNT: $ 19,470. 2022 AMOUNT: $ 18,005. 2023 AMOUNT: $ 223,009.	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)
Political Expenditures	$0	PoliticalExpendituresAmt
Volunteer Hours	0	VolunteerHoursCnt
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Volunteers	0	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	Yes (1)	MailingsMembersInd
Mailings Members	$314	MailingsMembersAmt
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$3,814	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$2,699	OtherActivitiesAmt
Total Lobbying Expenditures	$6,827	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	THE COST ESTIMATES FOR PART II-B LINES 1D, 1G, AND 1I INCLUDE AN ESTIMATE OF TIME SPENT BY EMPLOYEES ON THESE MATTERS. PART II-B LINE 1D - THE COST IS AN ESTIMATE OF EMPLOYEE TIME SPENT ON LETTERS WRITTEN ON SPECIFIC HIGHER EDUCATION MATTERS. PART II-B LINE 1G - THE COST IS AN ESTIMATE OF COSTS SPENT RELATED TO A MEETING WITH LEGISLATORS IN WASHINGTON, D.C. PART II-B LINE 1I - THE COST IS AN ESTIMATE OF THE PORTION OF DUES RELATED TO LOBBYING FOR IOWA INDEPENDENT COLLEGES AND UNIVERSITIES, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES AND THE AMERICAN COUNCIL ON EDUCATION.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$292,496	RevenuesIncludedAmt
Assets Included	$11,371,135	AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
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	$2,505,850,652	BeginningYearBalanceAmt
Contributions	$17,565,853	ContributionsAmt
Investment Earnings Or Losses	$259,903,959	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$33,380,032	GrantsOrScholarshipsAmt
Other Expenditures	$79,091,666	OtherExpendituresAmt
End Year Balance	$2,670,848,766	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,484,418,726	BeginningYearBalanceAmt
Contributions	$4,208,060	ContributionsAmt
Investment Earnings Or Losses	$112,841,771	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$30,729,969	GrantsOrScholarshipsAmt
Other Expenditures	$64,887,936	OtherExpendituresAmt
End Year Balance	$2,505,850,652	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,931,550,076	BeginningYearBalanceAmt
Contributions	$6,186,324	ContributionsAmt
Investment Earnings Or Losses	-$370,756,701	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$26,743,262	GrantsOrScholarshipsAmt
Other Expenditures	$55,817,711	OtherExpendituresAmt
End Year Balance	$2,484,418,726	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,090,750,442	BeginningYearBalanceAmt
Contributions	$3,632,433	ContributionsAmt
Investment Earnings Or Losses	$924,779,487	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$23,640,134	GrantsOrScholarshipsAmt
Other Expenditures	$63,972,152	OtherExpendituresAmt
End Year Balance	$2,931,550,076	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,069,953,401	BeginningYearBalanceAmt
Contributions	$7,007,029	ContributionsAmt
Investment Earnings Or Losses	$96,291,971	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$23,390,030	GrantsOrScholarshipsAmt
Other Expenditures	$59,111,929	OtherExpendituresAmt
End Year Balance	$2,090,750,442	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.67000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.33000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$100	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$4,975,220	OtherCostOrOtherBasisAmt
Book Value	$4,975,320	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$473,669,472	OtherCostOrOtherBasisAmt
Depreciation	$200,477,047	DepreciationAmt
Book Value	$273,192,425	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,896,878	OtherCostOrOtherBasisAmt
Depreciation	$61,863,702	DepreciationAmt
Book Value	$19,033,176	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$115,630,761	OtherCostOrOtherBasisAmt
Depreciation	$11,541,757	DepreciationAmt
Book Value	$104,089,004	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$401,289,925	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$2,046,216	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
NON-MARKETABLE ALTERNATIVES	$1,070,090,113	F
MARKETABLE ALTERNATIVES	$1,385,722,927	F
OTHER SECURITIES	$1,120	F
BENEFICIAL INTEREST IN TRUSTS	$7,511,161	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,465,371,537	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ANNUITIES PAYABLE	Desc
Amt	$8,364,900	Amt

Field	Value	IRS element (for citing)
Total Liability	$8,364,900	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$338,061,701	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$23,148,445	NetUnrealizedGainsInvstAmt
Other Revenue	$213,121	OtherRevenueAmt
Revenue Not Reported	$23,361,566	RevenueNotReportedAmt
Revenue Subtotal	$314,700,135	RevenueSubtotalAmt
Investment Expenses Not Incld	$10,097,262	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$72,639,184	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$82,736,446	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$397,436,581	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$168,372,794	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$203,468	OtherExpensesIncludedAmt
Expenses Not Reported	$203,468	ExpensesNotReportedAmt
Expenses Subtotal	$168,169,326	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$10,097,262	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$69,504,986	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$79,602,248	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$247,771,574	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE GRINNELL COLLEGE MUSEUM OF ART AND GRINNELL COLLEGE ACQUIRE WORKS OF ART IN THE PUBLIC TRUST FOR STUDY, EXHIBITION, AND ENJOYMENT. THE MUSEUM'S INTENTION IS TO MAINTAIN A COLLECTION, NOT TO SELL IT. THE GOAL OF ANY DEACCESSION IS TO IMPROVE, UPGRADE AND ENHANCE THE COLLECTION; THEREFORE, ANY PROCEEDS REALIZED FROM THE DEACCESSION OF A WORK OF ART FROM THE COLLECTION WILL BE USED TO FUND FUTURE ART ACQUISITIONS RATHER THAN SUPPORT OPERATIONS.
PART IV, LINE 2B:	GRINNELL COLLEGE CLASSIFIES ON FORM 990 PART X LINE 21 AMOUNTS HELD FOR PERKINS LOANS PAYABLE, FUNDS HELD IN TRUST FOR OTHERS RELATED TO ANNUITIES AND STUDENT GROUP/OTHER GROUP AGENCY ACCOUNTS.
PART V, LINE 4:	THE INTENDED USE OF THE GRINNELL COLLEGE ENDOWMENT IS TO PROVIDE PREDICTABLE AND STABLE SUPPORT FOR THE COLLEGE'S MISSION AS A FINE LIBERAL ARTS COLLEGE.
PART X, LINE 2:	THE COLLEGE HAS RECEIVED A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	DIRECT RENTAL EXPENSES 203,468. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 9,653.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	GRANT AND SCHOLARSHIPS 72,361,407. ALUMNI FEES 277,777.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	DIRECT RENTAL EXPENSES 203,468.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	GRANT AND SCHOLARSHIPS 72,361,407. ALUMNI FEES 277,777. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION -2,257,266. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -876,932.

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

THE COLLEGE'S NONDISCRIMINATION STATEMENTS ARE INCLUDED IN THE ACADEMIC COURSE CATALOG ON THE COLLEGE'S PUBLIC WEBSITE (WWW.GRINNELL.EDU). THE COLLEGE'S NONDISCRIMINATION POLICY IS ALSO POSTED ON THE POLICY SECTION OF THE COLLEGE'S PUBLIC WEBSITE. WITH A STUDENT BODY THAT IS DRAWN FROM AROUND THE WORLD, THE PUBLIC ACCESS TO THE WEBSITE IS THE CLEAREST AND MOST FAR REACHING MEANS OF MAKING THE COLLEGE'S NONDISCRIMINATION POLICY WIDELY KNOWN AND AVAILABLE. THE NONDISCRIMINATORY POLICY IS LINKED TO THE WEBSITE HOMEPAGE AND FREELY AVAILABLE.

SCHEDULE E, PART I, LINE 6

FINANCIAL AID RECEIVED WERE PELL GRANTS, SEOG, AND OTHER GRANTS FOR STUDENTS. GRINNELL COLLEGE ALSO RECEIVED NSF, NEH, AND FEMA FUNDING.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (26 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN	INVESTMENTS	$877,146,736
EAST ASIA AND THE PACIFIC	INVESTMENTS	$3,000,300
EUROPE (INCLUDING ICELAND & GREENLAND)	INVESTMENTS	$123,175,251
NORTH AMERICA	INVESTMENTS	$11,808,000
SUB-SAHARAN AFRICA	INVESTMENTS	$50,160,845
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$42,753	ACADEMIC/EDUCATION
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$190,498	ACADEMIC/EDUCATION
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$670,884	ACADEMIC/EDUCATION
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	$45,810	ACADEMIC/EDUCATION
NORTH AMERICA	PROGRAM SERVICES	$90,105	ACADEMIC/EDUCATION
RUSSIA AND NEIGHBORING STATES	PROGRAM SERVICES	$7,731	ACADEMIC/EDUCATION
SOUTH AMERICA	PROGRAM SERVICES	$89,338	ACADEMIC/EDUCATION
SOUTH ASIA	PROGRAM SERVICES	$75,488	ACADEMIC/EDUCATION
SUB-SAHARAN AFRICA	PROGRAM SERVICES	$101,802	ACADEMIC/EDUCATION
CENTRAL AMERICA AND THE CARIBBEAN	GRANTS TO RECIPIENTS	$935,199
EAST ASIA AND THE PACIFIC	GRANTS TO RECIPIENTS	$5,734,761
EUROPE (INCLUDING ICELAND & GREENLAND)	GRANTS TO RECIPIENTS	$3,672,329
MIDDLE EAST AND NORTH AFRICA	GRANTS TO RECIPIENTS	$634,451
NORTH AMERICA	GRANTS TO RECIPIENTS	$1,206,534
RUSSIA AND NEIGHBORING STATES	GRANTS TO RECIPIENTS	$688,748
SOUTH AMERICA	GRANTS TO RECIPIENTS	$1,937,211
SOUTH ASIA	GRANTS TO RECIPIENTS	$3,463,693
SUB-SAHARAN AFRICA	GRANTS TO RECIPIENTS	$1,758,435
NORTH AMERICA	CONTRIBUTIONS RECEIVED
EUROPE (INCLUDING ICELAND & GREENLAND)	CONTRIBUTIONS RECEIVED
EAST ASIA AND THE PACIFIC	CONTRIBUTIONS RECEIVED

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$1,066,195,267	SubtotalSpentAmt
Continuation Spent	$20,441,635	ContinuationSpentAmt
Total Spent	$1,086,636,902	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (45 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
SCHOLARSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	14	$920,806	CREDIT TO STUDENT ACCOUNT	N/A	N/A
FELLOWSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	6	$6,393	PAID VIA CHECK	N/A	N/A
PRIZES	CENTRAL AMERICA AND THE CARIBBEAN	2	$2,000	PAID VIA CHECK	N/A	N/A
INTERNSHIP	CENTRAL AMERICA AND THE CARIBBEAN	1	$6,000	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	EAST ASIA AND THE PACIFIC	75	$154,562	PAID VIA CHECK	N/A	N/A
SCHOLARSHIPS	EAST ASIA AND THE PACIFIC	117	$5,456,665	CREDIT TO STUDENT ACCOUNT	N/A	N/A
PRIZES	EAST ASIA AND THE PACIFIC	16	$8,425	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	EAST ASIA AND THE PACIFIC	19	$71,907	PAID VIA CHECK	N/A	N/A
AWARD	EAST ASIA AND THE PACIFIC	1	$40,000	PAID VIA CHECK	N/A	N/A
EXTERNSHIPS	EAST ASIA AND THE PACIFIC	5	$3,201	PAID VIA CHECK	N/A	N/A
EXTERNSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	2	$1,221	PAID VIA CHECK	N/A	N/A
AWARD	EUROPE (INCLUDING ICELAND & GREENLAND)	1	$40,000	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	3	$12,477	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	17	$39,259	PAID VIA CHECK	N/A	N/A
SCHOLARSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	71	$3,571,173	CREDIT TO STUDENT ACCOUNT	N/A	N/A
PRIZES	EUROPE (INCLUDING ICELAND & GREENLAND)	6	$8,200	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	MIDDLE EAST AND NORTH AFRICA	2	$1,350	PAID VIA CHECK	N/A	N/A
SCHOLARSHIPS	MIDDLE EAST AND NORTH AFRICA	10	$633,101	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	NORTH AMERICA	28	$1,191,184	CREDIT TO STUDENT ACCOUNT	N/A	N/A
PRIZES	NORTH AMERICA	1	$1,800	PAID VIA CHECK	N/A	N/A
SCHOLARSHIPS	RUSSIA AND NEIGHBORING STATES	9	$671,891	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SOUTH AMERICA	29	$1,890,810	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SOUTH ASIA	66	$3,365,679	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SUB-SAHARAN AFRICA	25	$1,720,583	CREDIT TO STUDENT ACCOUNT	N/A	N/A
FELLOWSHIPS	NORTH AMERICA	3	$5,850	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	NORTH AMERICA	2	$6,000	PAID VIA CHECK	N/A	N/A
CATALYST	NORTH AMERICA	1	$1,500	PAID VIA CHECK	N/A	N/A
EXTERNSHIP	NORTH AMERICA	1	$200	PAID VIA CHECK	N/A	N/A
PRIZES	RUSSIA AND NEIGHBORING STATES	1	$300	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	RUSSIA AND NEIGHBORING STATES	6	$11,671	PAID VIA CHECK	N/A	N/A
INTERNSHIP	RUSSIA AND NEIGHBORING STATES	1	$3,386	PAID VIA CHECK	N/A	N/A
EXTERNSHIP	RUSSIA AND NEIGHBORING STATES	1	$1,500	PAID VIA CHECK	N/A	N/A
PRIZES	SOUTH AMERICA	3	$550	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	SOUTH AMERICA	5	$5,293	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	SOUTH AMERICA	7	$37,302	PAID VIA CHECK	N/A	N/A
EXTERNSHIPS	SOUTH AMERICA	4	$3,256	PAID VIA CHECK	N/A	N/A
PRIZES	SOUTH ASIA	15	$9,750	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	SOUTH ASIA	19	$35,663	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	SOUTH ASIA	10	$51,752	PAID VIA CHECK	N/A	N/A
EXTERNSHIP	SOUTH ASIA	1	$850	PAID VIA CHECK	N/A	N/A
PRIZES	SUB-SAHARAN AFRICA	7	$6,575	PAID VIA CHECK	N/A	N/A
FELLOWSHIPS	SUB-SAHARAN AFRICA	12	$17,814	PAID VIA CHECK	N/A	N/A
INTERNSHIPS	SUB-SAHARAN AFRICA	2	$10,977	PAID VIA CHECK	N/A	N/A
CATALYST	SUB-SAHARAN AFRICA	1	$1,498	PAID VIA CHECK	N/A	N/A
EXTERNSHIP	SUB-SAHARAN AFRICA	1	$988	PAID VIA CHECK	N/A	N/A

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	Yes (1)	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM, AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING.
PART III, COL (C):	FOR PURPOSES OF THIS REPORT, THE COLLEGE RELIES ON ITS INTERNAL FINANCIAL SYSTEM SOFTWARE TO REPORT AID BY THE RECIPIENTS' COUNTRY OF RESIDENCE.
PART II, LINE 1 ACCOUNTING METHOD:	THE ORGANIZATIONS FINANCIAL STATEMENTS ARE PREPARED ON THE ACCRUAL BASIS.
PART IV, LINE 6:	THE COLLEGE HAS FILED FORM 5713 IN AN ABUNDANCE OF TRANSPARENCY TO DISCLOSE THE ONLY OPERATIONS IN QATAR AS A NINE-HOUR FLIGHT LAYOVER, WHERE 18 STUDENTS, STAFF, AND FACULTY SLEPT IN A HOTEL AND WERE TRANSPORTED BETWEEN THE AIRPORT AND HOTEL BEFORE RESUMING THEIR TRAVELS VIA QATAR AIRWAYS.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
WASHBURN & MCGOLDRICK LLC
24 N BRYN MAWR AVENUE 252	BRYN MAWR	PA	19010	FUNDRAISING COUNSEL	0	$0	$14,000	-$14,000
BENTZ WHALEY FLESSNER
7900 XERXES AVE S SUITE 980	MINNEAPOLIS	MN	55431	FUNDRAISING COUNSEL	0	$0	$46,000	-$46,000
COMMUNITY COUNSELLING SERVICE CO LLC
527 MADISON AVE 5TH FL	NEW YORK	NY	10022	FEASIBILITY/PLANNING STUDY	0	$0	$173,639	-$173,639
PERFORMANCE ENHANCEMENT GROUP LTD
5340 WESLAYAN ST PO BOX 25028	HOUSTON	TX	77265	ALUMNI ATTITUDE STUDY	0	$0	$15,520	-$15,520

Field	Value	IRS element (for citing)
Total Retained By Contractors	$249,159	TotalRetainedByContractorsAmt
Total Net To Organization	-$249,159	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AZ	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DE	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	ID	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	IN	LicensedStatesCd
Licensed States	IA	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	LA	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	MT	LicensedStatesCd
Licensed States	NE	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	SD	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	TX	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd
Licensed States	WY	LicensedStatesCd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
CITY OF GRINNELL
520 4TH AVENUE	GRINNELL	IA	50112	426004734	CITY OF GRINNELL	$23,674	$351	FMV	FOOD	GENERAL SUPPORT
GREATER POWESHIEK COMMUNITY FOUNDATION
1510 PENROSE STREET	GRINNELL	IA	50112	421298055	501(C)(3)	$5,500	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL AREA CHAMBER OF COMMERCE
833 4TH AVENUE	GRINNELL	IA	50112	420286455	501(C)(6)	$7,432	$952	FMV	TRANSPORTATION AND HOTEL	GENERAL SUPPORT
GRINNELL FIRE AUXILIARY
1020 SPRING STREET	GRINNELL	IA	50112	461055210	501(C)(3)	$7,315	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL REGIONAL MEDICAL CENTER
210 4TH AVENUE	GRINNELL	IA	50112	420933383	501(C)(3)	$25,000	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL SCHOOL OF MUSIC
720 5TH AVENUE	GRINNELL	IA	50112	883118049	501(C)(3)	$29,680	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL-NEWBURG COMMUNITY SCHOOL
925 BROAD STREET	GRINNELL	IA	50112	426036570	CITY OF GRINNELL	$5,950	$2,140	FMV	TRANSPORTATION AND FOOD	GENERAL SUPPORT
LINK INC
1510 PENROSE STREET	GRINNELL	IA	50112	842131856	501(C)(3)	$10,884	$0	N/A	N/A	GENERAL SUPPORT
MICA
611 4TH AVENUE	GRINNELL	IA	50112	420923311	501(C)(3)	$7,200	$0	N/A	N/A	GENERAL SUPPORT
AHRENS PARK FOUNDATION
1510 PENROSE STREET	GRINNELL	IA	50112	421465766	501(C)(3)	$35,000	$0	N/A	N/A	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	9	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS	1257	$52,964,310	N/A	N/A
PRIZES	76	$112,807	N/A	N/A
FELLOWSHIPS	238	$515,821	N/A	N/A
INTERNSHIPS	60	$313,474	N/A	N/A
AWARDS	2	$80,000	N/A	N/A
LOAN PAYMENTS	2	$3,750	N/A	N/A
EXTERNSHIPS	16	$10,200	N/A	N/A

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S GRINNELL COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON FUND AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY GRINNELL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH GRINNELL COLLEGE POLICY. STUDENTS AWARDED OTHER FUNDS MAKE VARIOUS REPORTS AND PRESENTATIONS ON THEIR RESEARCH OR STUDY AS REQUIRED BASED ON INDIVIDUAL REQUIREMENTS OF THE FUNDING. THE COLLEGE AWARDS GRANTS TO LOCAL ORGANIZATIONS WHICH ARE ADMINISTERED THROUGH THE OFFICE OF COMMUNITY PARTNERSHIPS, PLANNING, AND RESEARCH. APPLICATIONS ARE REVIEWED BY A COMMITTEE OF FACULTY, STAFF AND GRINNELL COLLEGE STUDENTS FROM THE LOCAL AREA. ALL FINANCIAL CONTRIBUTIONS FOCUS ON THE STRATEGIC PRIORITIES OF STRENGTHENING CULTURAL, RECREATIONAL, AND EDUCATIONAL OPPORTUNITIES IN THE LOCAL AREA AS WELL AS INITIATIVES THAT ENHANCE THE SAFETY, BEAUTY, AND ECONOMIC VITALITY OF OUR SURROUNDINGS. GRINNELL COLLEGE HAS ASSEMBLED A DIVERSE SELECTION COMMITTEE TO EVALUATE NOMINEES FOR THE GRINNELL COLLEGE YOUNG INNOVATOR FOR SOCIAL JUSTICE PRIZE. APPOINTED BY THE COLLEGE'S PRESIDENT, THE SELECTION COMMITTEE MEMBERS ARE ALL RECOGNIZED INDIVIDUALS WHO WORK FOR SOCIAL CHANGE IN VARIOUS CAPACITIES. THEIR BACKGROUNDS, ACCOMPLISHMENTS, AND EXPERIENCES REFLECT THE DIVERSITY IN BOTH GRINNELL AND THE STATE. THESE MEMBERS INCLUDE ONE REPRESENTATIVE EACH FROM THE COLLEGE'S FACULTY, STUDENT BODY, ALUMNI, STAFF AND TRUSTEES, PLUS PROMINENT INDIVIDUALS NOT FORMALLY AFFILIATED WITH GRINNELL.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
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
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	Yes (1)	InitialContractExceptionInd
Rebuttable Presumption Proc	Yes (1)	RebuttablePresumptionProcInd

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
JAINEN THAYER
CHIEF INVESTMENT OFFICER	$586,253	$0	$445,939	$0	$1,016	$0	$33,000	$0	$39,831	$0	$1,106,039	$0	$0	$0
ANNE HARRIS
PRESIDENT	$607,313	$0	$1,500	$0	$18,305	$0	$33,000	$0	$127,926	$0	$788,044	$0	$0	$0
VALBONA SCHWAB
DEPUTY CHIEF INVESTMENT OFFICER	$414,426	$0	$204,690	$0	$630	$0	$33,000	$0	$28,078	$0	$680,824	$0	$0	$0
GERMAINE Y GROSS
VP FINANCE & TREASURER	$363,447	$0	$44,564	$0	$1,539	$0	$33,000	$0	$21,438	$0	$463,988	$0	$0	$0
LACEY F JOHNSON
MANAGING DIRECTOR	$311,016	$0	$90,000	$0	$378	$0	$33,000	$0	$12,322	$0	$446,716	$0	$0	$0
BERONDA L MONTGOMERY
DEAN & VP ACADEMIC AFFAIRS	$300,683	$0	$5,000	$0	$1,446	$0	$30,925	$0	$20,463	$0	$358,517	$0	$0	$0
JOSEPH P BAGNOLI
VP ENROLLMENT & DEAN OF ADMISSION	$262,233	$0	$11,500	$0	$2,263	$0	$27,919	$0	$28,022	$0	$331,937	$0	$0	$0
ROBERT WELCH
DIRECTOR OF INVESTMENTS	$213,875	$0	$40,704	$0	$311	$0	$25,460	$0	$2,450	$0	$282,800	$0	$0	$0
ELLEN F DE GRAFFENREID
VP COMMUNICATION & MARKETING	$226,375	$0	$2,500	$0	$828	$0	$23,573	$0	$25,083	$0	$278,359	$0	$0	$0
HENRY W MOYER
PROFESSOR OF POLITICAL SCIENCE	$233,542	$0	$0	$0	$3,090	$0	$23,573	$0	$11,800	$0	$272,005	$0	$0	$0
NANCY L COMBS
ASSOCIATE VP FINANCE & ASST TREASURE	$196,651	$0	$19,000	$0	$1,780	$0	$22,047	$0	$22,701	$0	$262,179	$0	$0	$0
MYRNA Y HERNANDEZ
CHIEF OF STAFF & VP ADMINISTRATION	$208,569	$0	$2,500	$0	$1,214	$0	$21,310	$0	$11,625	$0	$245,218	$0	$0	$0
JANA L GRIMES
VP HUMAN RESOURCES	$205,715	$0	$5,000	$0	$1,352	$0	$21,261	$0	$11,443	$0	$244,771	$0	$0	$0
ELAINE M MARZLUFF
PROFESSOR OF CHEMISTRY	$169,940	$0	$6,530	$0	$1,181	$0	$17,899	$0	$11,669	$0	$207,219	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	THE PRESIDENT IS REQUIRED TO LIVE IN COLLEGE OWNED HOUSING. THE COLLEGE EMPLOYS SOMEONE TO MAINTAIN THE CLEANLINESS OF THE RESIDENCE. THE HOUSING BENEFIT IS NOT TAXABLE PURSUANT TO IRC SECTION 119 AS IT IS A CONDITION OF THE PRESIDENT'S EMPLOYMENT AT THE COLLEGE. THE VALUE OF THE CLEANING SERVICES IS TAXABLE INCOME. A DONOR FUNDED A STUDY TO DETERMINE THE FEASIBILITY AND BENEFITS OF OFFERING CHARTER JET SERVICE TO AND FROM GRINNELL REGIONAL AIRPORT INTO KEY AND STRATEGIC MARKETS. THE PREMISE OF THIS PROJECT WAS TO EXPLORE THE POTENTIAL BENEFITS TO THE COLLEGE BY SUPPORTING DIRECT JET SERVICE TO MAJOR METROPOLITAN AREAS IN THE UNITED STATES ON SELECT AND PEAK TRAVEL DAYS. THE PRESIDENT AND OTHER EMPLOYEES NOT LISTED WERE PROVIDED CHARTER TRAVEL. THIS WAS SOLELY FOR COLLEGE BUSINESS PURPOSES SO IT IS NOT TREATED AS TAXABLE INCOME.
PART I, LINE 7	THE PRESIDENT OF THE COLLEGE HAS THE AUTHORITY TO AWARD NON-FIXED PAYMENTS TO INDIVIDUALS BASED ON THEIR ACHIEVEMENTS DURING THE FISCAL YEAR OR WRITTEN CONTRACTS WITH THE COLLEGE. TYPICALLY, THESE AMOUNTS ARE DISCRETIONARY AND THE COLLEGE ENSURES THE AMOUNTS ARE REASONABLE WHEN ADDRESSING THE OVERALL COMPENSATION STRUCTURE FOR THE INDIVIDUAL. ANY BONUS PAID TO THE PRESIDENT IS AWARDED AND APPROVED BY THE BOARD OF TRUSTEES. CERTAIN INDIVIDUALS RECEIVED RETENTION BONUSES.
PART I, LINE 8	THE PRESIDENT IS IN HER INITIAL EMPLOYMENT CONTRACT WITH THE COLLEGE EFFECTIVE JULY 1, 2020 THROUGH JUNE 30, 2025.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
IOWA HIGHER EDUCATION LOAN AUTHORITY
A	421235696	4624602Q8	2014-11-20	$60,381,280	REFUND 6-26-08 $60,000,000 BOND ISSUE	0	0	0
IOWA HIGHER EDUCATION LOAN AUTHORITY
B	421235696	4624605V4	2017-02-07	$120,702,057	FACILITIES CONSTRUCTION AND IMPROVEMENTS	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capital ExpendituresCapitalExpendituresAmt
A	$4,220,000	$60,381,280	$13,196	$366,752	$60,001,332	2014	0	Yes (1)	Yes (1)	Yes (1)
B	$6,735,000	$122,180,443		$695,093		2020	0	0	Yes (1)	Yes (1)	$121,485,350

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
B	0	0	0	0	0.00000	0.00010	0.00010	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	Yes (1)	0	0	0	0	Yes (1)
B	0	0	0	Yes (1)	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/22/2024 ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/31/2020
SCHEDULE K, PART I, COLUMN (E) AND PART II, LINE 3:	(A) ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY BOND B HAS A VARIANCE FROM THE ISSUE PRICE OF $120,702,057 AND THE TOTAL PROCEEDS OF ISSUE $122,180,443, THE $1,478,386 VARIANCE IS DUE TO INVESTMENT EARNINGS.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Cash Grant	$35,871	CashGrantAmt
Type Of Assistance	SCHOLARSHIPS	TypeOfAssistanceTxt
Assistance Purpose	EDUCATION	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
MICHAEL MACKENZIE
FAMILY MEMBER OF ANNE F. HARRIS, PRESIDENT	$67,388	WAGES & BENEFITS	0
JULIE BAUMANN
FAMILY MEMBER OF JOESPH P. BAGNOLI, VP OF ENROLLMENT	$111,882	WAGES & BENEFITS	0
CHRISTOPHER BAIR
FAMILY MEMBER OF MARGARET JONES BAIR, SECRETARY	$76,105	WAGES & BENEFITS	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	9	ContributionCnt
Noncash Contributions Rpt F990	$292,496	NoncashContributionsRptF990Amt
Method Of Determining Revenues	INSURED VALUE	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$5,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$143	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	48	ContributionCnt
Noncash Contributions Rpt F990	$1,745,494	NoncashContributionsRptF990Amt
Method Of Determining Revenues	AVERAGE HIGH/LOW PRICE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	2	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):	SCHEDULE M, PART I, COLUMN (B): COLUMN B IS THE NUMBER OF CONTRIBUTORS.
PART I, LINE 32B:	THE LIBRARY MAY USE A THIRD PARTY VENDOR TO SELL BOOK DONATIONS THAT DO NOT FIT THE NEEDS OF THE LIBRARY COLLECTION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1:	WHEN GRINNELL COLLEGE FRAMED ITS CHARTER IN THE IOWA TERRITORY OF THE UNITED STATES IN 1846, IT SET FORTH A MISSION TO EDUCATE ITS STUDENTS "FOR THE DIFFERENT PROFESSIONS AND FOR THE HONORABLE DISCHARGE OF THE DUTIES OF LIFE." THE COLLEGE PURSUES THAT MISSION BY PROVIDING AN EDUCATION IN THE LIBERAL ARTS THROUGH FREE INQUIRY AND THE OPEN EXCHANGE OF IDEAS. AS A TEACHING AND LEARNING COMMUNITY, THE COLLEGE HOLDS THAT KNOWLEDGE IS A GOOD TO BE PURSUED BOTH FOR ITS OWN SAKE AND FOR THE INTELLECTUAL, MORAL, AND PHYSICAL WELL-BEING OF INDIVIDUALS AND OF SOCIETY AT LARGE. THE COLLEGE EXISTS TO PROVIDE A LIVELY ACADEMIC COMMUNITY OF STUDENTS AND TEACHERS OF HIGH SCHOLARLY QUALIFICATIONS FROM DIVERSE SOCIAL AND CULTURAL CIRCUMSTANCES. THE COLLEGE AIMS TO GRADUATE INDIVIDUALS WHO CAN THINK CLEARLY, WHO CAN SPEAK AND WRITE PERSUASIVELY AND EVEN ELOQUENTLY, WHO CAN EVALUATE CRITICALLY BOTH THEIR OWN AND OTHERS' IDEAS, WHO CAN ACQUIRE NEW KNOWLEDGE, AND WHO ARE PREPARED IN LIFE AND WORK TO USE THEIR KNOWLEDGE AND THEIR ABILITIES TO SERVE THE COMMON GOOD.
FORM 990, PART I, LINE 6:	VOLUNTEERS INCLUDE INDIVIDUALS WHO ASSIST ADMISSIONS: THE CENTER FOR CAREERS, LIFE AND SERVICE; ALUMNI COUNCIL AND OTHER COMMUNITY VOLUNTEERS.
FORM 990, PART V, LINE 1A:	THE TOTAL OF 2,207 RELATED TO FORM 1096 IS MADE UP OF 488 1099 FORMS AND 1,719 1098-T FORMS.
FORM 990, PART VI, SECTION A, LINE 1A	THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE OF THE BOARD SHALL CONSIST OF THE BOARD CHAIR, THE BOARD VICE CHAIR(S), AND THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD, OR, IN THEIR ABSENCE, A DESIGNEE. THE CHAIRS OF AD HOC COMMITTEES SHALL SERVE ON THE EXECUTIVE COMMITTEE FOR THE DURATION OF THEIR COMMITTEE CHARTER. THE BOARD CHAIR SHALL ACT AS CHAIR OF THE EXECUTIVE COMMITTEE. A. DUTIES AND POWERS. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, TO HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE COLLEGE; ANY ACTION REQUIRING A TWO-THIRDS (2/3) VOTE OF THE FULL MEMBERSHIP OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO AMEND, ALTER, OR REPEAL THE BYLAWS; AMEND THE ARTICLES OF INCORPORATION; APPROVE THE DISSOLUTION OR MERGER OF THE COLLEGE OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE COLLEGE'S ASSETS; ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OF TRUSTEES OR ANY OF THE COMMITTEES; AUTHORIZE DISTRIBUTIONS; OR HAVE THE AUTHORITY TO BORROW MONEY. B. EMERGENCIES. IN EMERGENCIES TO MAKE TEMPORARY PROVISION UNTIL THE NEXT MEETING OF THE BOARD FOR THE DISCHARGE OF DUTIES PERFORMED BY THE OFFICERS OF THE COLLEGE. C. CONFLICT OF INTEREST. TO ADMINISTER AND PERFORM THE DUTIES PRESCRIBED UNDER THE COLLEGE'S CONFLICT OF INTEREST POLICY. D. TRANSACTION OF BUSINESS. TO CONVENE AT THE CALL OF THE BOARD CHAIR OR THE PRESIDENT OF THE COLLEGE AT ANY TIME DURING THE YEAR TO TRANSACT BUSINESS AT TIMES AND PLACES CONVENIENT TO THE MAJORITY OF THE EXECUTIVE COMMITTEE, EITHER IN PERSON OR BY ANY ELECTRONIC MEANS OF COMMUNICATION BY WHICH ALL PARTICIPANTS MAY SIMULTANEOUSLY HEAR EACH OTHER AND PARTICIPATE IN DISCUSSION DURING THE MEETING. E. WRITTEN RECORDS. THE EXECUTIVE COMMITTEE SHALL KEEP A WRITTEN RECORD OF ITS PROCEEDINGS.
FORM 990, PART VI, SECTION B, LINE 11B	THE COMPLETE FORM 990 WAS MADE AVAILABLE FOR REVIEW TO THE PRESIDENT AND VICE PRESIDENT OF FINANCE AND TREASURER PRIOR TO THE SPRING 2025 TRUSTEE MEETING. A COMPLETE COPY OF THE THE FORM 990 WAS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR REVIEW. IT WAS PRESENTED TO AND REVIEWED IN DETAIL BY THE AUDIT AND ASSESSMENT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12C	OFFICERS AND TRUSTEES ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST UNDER THE POLICIES OF THE TRUSTEES OF GRINNELL COLLEGE. ANY CONFLICTS MUST BE DISCLOSED IN WRITING BEFORE ENTERING INTO THE TRANSACTION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A TRANSACTION MAY NOT BE ENTERED INTO UNTIL APPROVED BY A VOTE OF AT LEAST TWO-THIRDS BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL REPORT TO THE BOARD OF TRUSTEES ON ALL CONFLICT OF INTEREST TRANSACTIONS CONSIDERED BY IT AT EACH MEETING OF THE BOARD AND, IF REQUESTED BY THE EXECUTIVE COMMITTEE, THE BOARD SHALL CONSIDER WHETHER TO RATIFY THE ACTIONS OF THE EXECUTIVE COMMITTEE WITH RESPECT TO ANY SUCH CONFLICT OF INTEREST TRANSACTION. A CONFLICT OF INTEREST TRANSACTION MAY ONLY BE RATIFIED BY THE AFFIRMATIVE VOTE BY AT LEAST TWO-THIRDS OF THE TRUSTEES PRESENT AND VOTING AT A MEETING OF THE BOARD DULY CALLED AND HELD AFTER THE EXECUTIVE COMMITTEE HAS RECEIVED THE DISCLOSURE. THE TRUSTEE OR OFFICER MAY NOT PARTICIPATE IN THE DELIBERATION OF THE TRANSACTION. APPROVAL OF PARTICIPATION IN THE TRANSACTION MAY BE GIVEN ONLY UPON A FINDING THAT THE SUBJECT TRANSACTION IS ON TERMS AT LEAST AS FAVORABLE TO THE COLLEGE AS IT WOULD BE AVAILABLE TO AN UNAFFILIATED PERSON. EACH CURRENT MEMBER OF THE BOARD OF TRUSTEES AND EACH OFFICER SHALL FILE A STATEMENT ANNUALLY WITH THE TREASURER CERTIFYING THAT HE OR SHE HAS READ, AND IS FAMILIAR WITH THE TERMS OF, THIS CONFLICT OF INTEREST POLICY, AND EITHER (A) SETTING FORTH AND DESCRIBING ANY POSSIBLE CONFLICTS OF INTEREST WHICH MAY HAVE ARISEN OR OCCURRED IN THE FISCAL YEAR OF THE COLLEGE ENDING JUNE 30, OR WHICH MAY BE EXPECTED TO ARISE OR OCCUR DURING THE FISCAL YEAR BEGINNING JULY 1, OR (B) THAT HE OR SHE KNOWS OF NO SUCH POSSIBLE CONFLICTS OF INTEREST. ALL EMPLOYEES MUST ANNUALLY COMPLETE THE CAMPUS CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IS REVIEWED BY A COMMITTEE CONSISTING OF MEMBERS FROM THE HUMAN RESOURCES, TREASURER AND DEAN'S OFFICES, RESPECTIVELY.
FORM 990, PART VI, SECTION B, LINE 15	THE COLLEGE HAS A DISQUALIFIED EMPLOYEE COMPENSATION REVIEW POLICY. THE DETERMINATION OF WHO IS CLASSIFIED AS A DISQUALIFIED EMPLOYEE AT GRINNELL COLLEGE IS DETERMINED BY THE LEVEL OF EACH INDIVIDUAL'S INVOLVEMENT IN THE MANAGEMENT AND/OR CONTROL OF CERTAIN FINANCIAL ASPECTS OF THE COLLEGE. GRINNELL COLLEGE WILL ACQUIRE AND USE SUFFICIENT DATA REGARDING COMPARABLE COMPENSATION PACKAGES TO ASSIST IN ESTABLISHING THE COMPENSATION OF DISQUALIFIED EMPLOYEES. THE PROPOSED COMPENSATION FOR EACH DISQUALIFIED PERSON WILL BE APPROVED BY A CONFLICT-FREE DECISION-MAKING BODY COMPOSED OF MEMBERS OF THE GRINNELL COLLEGE BOARD OF TRUSTEES. THE DECISION-MAKING BODY WILL RECEIVE A REBUTTABLE PRESUMPTION SUMMARY FOR EACH INDIVIDUAL AT GRINNELL COLLEGE IDENTIFIED AS A DISQUALIFIED PERSON. ALL RELEVANT INFORMATION WILL BE DOCUMENTED REGARDING THE ACTIONS OF THE DECISION-MAKING BODY. THIS PROCESS WAS USED FOR THE FOLLOWING POSITIONS: PRESIDENT, CHIEF INVESTMENT OFFICER, VICE PRESIDENT FOR ACADEMIC AFFAIRS, VICE PRESIDENT FOR FINANCE & TREASURER, CHIEF OF STAFF, VICE PRESIDENT FOR COMMUNICATIONS, VICE PRESIDENT FOR ENROLLMENT, VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS, CHIEF INFORMATION TECHNOLOGY OFFICER, DIRECTOR OF BOARD RELATIONS, ASSOCIATE VICE PRESIDENT FOR FINANCE & ASSISTANT TREASURER, ASSOCIATE VICE PRESIDENT INSTITUTIONAL INITIATIVES & ENROLLMENT, FINKELMAN DEAN, VP DIVERSITY & INCLUSION, VICE PRESIDENT OF COMMUNITY ENGAGEMENT AND STRATEGIC PLANNING, VICE PRESIDENT OF HUMAN RESOURCES, VICE PRESIDENT FOR STUDENT AFFAIRS, AND ASSISTANT VICE-PRESIDENT FOR FACILITIES MANAGEMENT. THE LAST REVIEW WAS CONDUCTED FOR COMPENSATION EFFECTIVE JULY 1, 2024.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER KEY POLICIES (RED FLAG, WHISTLEBLOWER, ETC) AVAILABLE TO THE PUBLIC VIA ITS WEBSITE-WWW.GRINNELL.EDU OR UPON REQUEST.
FORM 990, PART XI, LINE 9:	CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -876,932. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 9,653. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATIONS -2,257,266.
FORM 990, PART XII, PART 2C:	THE PROCESS FOR OVERSEEING AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	EXIT 182 GROUP LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50112	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	MANAGEMENT OF COLLEGE-OWNED INVESTMENT ASSETS	PrimaryActivitiesTxt
Legal Domicile State	IA	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	THE TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 BROAD STREET	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50112	ZIPCd

Field	Value	IRS element (for citing)
EIN	451371997	EIN
Primary Activities	HEALTH INSURANCE	PrimaryActivitiesTxt
Legal Domicile State	IA	LegalDomicileStateCd
Exempt Code Section	501(C)(9)	ExemptCodeSectionTxt
Public Charity Status	N/A	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	THE TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (1)	ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	OENOPIDES LP	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	105 NEWBURY ST 4TH FLOOR	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02116	ZIPCd

Field	Value	IRS element (for citing)
EIN	931670287	EIN
Primary Activities	INVESTMENTS	PrimaryActivitiesTxt
Legal Domicile State	DE	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	THE TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Predominant Income Type	INVESTMENT	PredominantIncomeTypeTxt
Share Of Total Income	$252,348	ShareOfTotalIncomeAmt
Share Of EOY Assets	$11,492,189	ShareOfEOYAssetsAmt
Disproportionate Allocations	Yes (1)	DisproportionateAllocationsInd
UBI Code V	-$1,915	UBICodeVAmt
General Or Managing Partner	0	GeneralOrManagingPartnerInd
Ownership	0.50210	OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
POWESHIEK PETROLEUM CORPORATION
733 BROAD STREET	GRINNELL	IA	50112	730646866	OIL AND GAS	IL	THE TRUSTEES OF GRINNELL COLLEGE	C	$17,228	$28,409	1.00000	Yes (1)
CHARITABLE REMAINDER UNITRUSTS (2)
						CA	THE TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
						IL	THE TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMINDER UNITRUSTS (1)
						AZ	THE TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
						MD	THE TRUSTEES OF GRINNELL COLLEGE	T				0
POOLED INCOME FUND (1)
						IA	THE TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (14)
						IA	THE TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
						CO	THE TRUSTEES OF GRINNELL COLLEGE	T				0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	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	Yes (1)	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	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
OENOPIDES LP
B	$20,000,000	CASH TRANSFERRED
GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST
R	$4,982,826	CASH TRANSFERRED
CHARITABLE REMAINDER UNITRUST
S	$125,044	CASH TRANSFERRED