FURP.ORG / PUBLIC DATA EXPLORER

PRINCIPIA CORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PRINCIPIA CORPORATION (EIN 43-0652667)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-04-14
IRS object ID
202321049349301517
Schema version
2021v4.2
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)
Return2023-04-14T20:30:15+00:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

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 Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN430652667EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Principia CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone3144342100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDonald D MillerPersonNm
Person TitleController and Assistant CFOPersonTitleTxt
Signature2023-04-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDonald DPersonFirstNm
Person LastMillerPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Donald MillerBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$311,118,341GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.principia.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1912FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionTHE PRINCIPIA SHALL SEEK TO SERVE THE CAUSE OF CHRISTIAN SCIENCE THROUGH APPROPRIATE CHANNELS OPEN TO IT AS AN EDUCATIONAL INSTITUTION.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee1112TotalEmployeeCnt
Total Volunteers532TotalVolunteersCnt
Total Gross UBI$4,959,176TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,904,019PYContributionsGrantsAmt
CY Contributions Grants$19,150,970CYContributionsGrantsAmt
PY Program Service Revenue$21,010,823PYProgramServiceRevenueAmt
CY Program Service Revenue$24,402,254CYProgramServiceRevenueAmt
PY Investment Income$74,281,214PYInvestmentIncomeAmt
CY Investment Income$212,142,338CYInvestmentIncomeAmt
PY Other Revenue$742,285PYOtherRevenueAmt
CY Other Revenue$1,225,638CYOtherRevenueAmt
PY Total Revenue$108,938,341PYTotalRevenueAmt
CY Total Revenue$256,921,200CYTotalRevenueAmt
PY Grants And Similar Paid$12,000,448PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$12,763,873CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$46,095,021PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$45,656,896CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,031,239CYTotalFundraisingExpenseAmt
PY Other Expenses$33,122,182PYOtherExpensesAmt
CY Other Expenses$33,644,221CYOtherExpensesAmt
PY Total Expenses$91,217,651PYTotalExpensesAmt
CY Total Expenses$92,064,990CYTotalExpensesAmt
PY Revenues Less Expenses$17,720,690PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$164,856,210CYRevenuesLessExpensesAmt
Total Assets BOY$1,062,983,927TotalAssetsBOYAmt
Total Assets EOY$1,121,774,918TotalAssetsEOYAmt
Total Liabilities BOY$73,793,512TotalLiabilitiesBOYAmt
Total Liabilities EOY$66,942,375TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$989,190,415NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,054,832,543NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPrincipia's primary purpose is to serve the cause of Christian Science as an independent educational institution, providing pre-k-12th grade education on its campus in St. Louis County, Missouri, and college education on its campus in Elsah, Illinois. Established in 1898, Principia accepts no government funding and is not an activity of the Christian Science church.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$38,744,880ExpenseAmt
Grant$12,763,873GrantAmt
Revenue$16,311,665RevenueAmt
DescINSTRUCTION: IN 1897, MARY KIMBALL MORGAN, A CHRISTIAN SCIENTIST, BEGAN HOME-SCHOOLING HER TWO SONS BECAUSE SHE BELIEVED SHE COULD GIVE THEM A FULLER EDUCATION THAN WHAT WAS BEING OFFERED IN THE PUBLIC SCHOOLS. GRADUALLY, IT BECAME APPARENT TO MRS. MORGAN THAT THE ESTABLISHMENT OF A SCHOOL WAS NEEDED. THE NAME "PRINCIPIA", MEANING "FIRST PRINCIPLES," WAS CHOSEN FOR THE SCHOOL MRS. MORGAN ESTABLISHED IN 1898. PRINCIPIA'S PRIMARY PURPOSE IS TO SERVE THE CAUSE OF CHRISTIAN SCIENCE AS AN EDUCATIONAL INSTITUTION - NOT THROUGH TEACHING THE THEOLOGY OF CHRISTIAN SCIENCE, BUT THROUGH PROVIDING PROGRAMS WHICH WILL ALLOW ITS STUDENTS TO GROW INTELLECTUALLY, ATHLETICALLY, SOCIALLY, MORALLY, AND SPIRITUALLY WITH THE SUPPORT AND EXAMPLE OF FELLOW STUDENTS, FACULTY AND STAFF. PRINCIPIA STRIVES TO TRAIN ITS STUDENTS "TO THINK CLEARLY, VIGOROUSLY, FEARLESSLY, TOLERANTLY, UNSELFISHLY." TEACHING AT PRINCIPIA ALSO "EMPHASIZES THE POINT OF VIEW THAT EDUCATION CARRIES WITH IT THE OBLIGATION TO USE TECHNICAL SKILLS AND INTELLECTUAL ATTAINMENTS FOR THE BETTERMENT OF HUMANITY." PRINCIPIA "TAKES THE POSITION THAT EDUCATION IN ITS FULLEST SENSE CANNOT BE CONFINED TO ACADEMIC SUBJECTS BUT INCLUDES THE BUILDING OF CHARACTER" (FROM PURPOSE AND POLICIES OF THE PRINCIPIA). PRINCIPIA COLLEGE FACTS PRINCIPIA COLLEGE IS LOCATED IN ELSAH, ILLINOIS. THE CURRICULUM OFFERS MEN AND WOMEN COURSES IN 25 REGULAR ACADEMIC MAJORS LEADING TO EITHER A BACHELOR OF ARTS OR BACHELOR OF SCIENCE DEGREE. 31 STATES AND 26 COUNTRIES ARE REPRESENTED AMONG THE STUDENTS. NATIONAL PUBLICATIONS RECOGNIZE PRINCIPIA COLLEGE AS ONE OF THE TOP LIBERAL ARTS SCHOOLS IN THE MIDWEST. THE COLLEGE IS ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF COLLEGES AND SCHOOLS AND ENROLLS APPROXIMATELY 300-350 STUDENTS EACH ACADEMIC YEAR. PRINCIPIA SCHOOL FACTS PRE-SCHOOL, LOWER SCHOOL, MIDDLE SCHOOL, UPPER SCHOOL PRINCIPIA SCHOOL IS A COED BOARDING AND DAY SCHOOL FOR CHRISTIAN SCIENTISTS LOCATED ON A 360-ACRE CAMPUS IN THE WESTERN SUBURBS OF ST. LOUIS. INSTRUCTION IS PROVIDED TO APPROX. 375 STUDENTS IN PRE-SCHOOL THROUGH 12TH GRADE. OVER 90 PERCENT OF GRADUATING SENIORS GO ON TO COLLEGE. THE UPPER SCHOOL OFFERS 14 HONORS/AP CLASSES. 86% OF UPPER SCHOOL FACULTY HOLD ADVANCED DEGREES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$15,489,236ExpenseAmt
Revenue$8,090,589RevenueAmt
DescAUXILIARY ENTERPRISES: FOOD SERVICES ARE PROVIDED TO STUDENTS, FACULTY, AND STAFF THROUGH TWO FULL-SERVICE DINING ROOMS, PLUS A STUDENT GRILL. DORMITORIES PROVIDE HOUSING AT PRINCIPIA COLLEGE AT 12 HOUSES. The St. Louis campus accepts both day and boarding students. UPPER and Middle SCHOOL Boarding STUDENTS ARE HOUSED IN EITHER A BOYS OR GIRLS' DORMITORY. STUDENTS MAY PURCHASE A VARIETY OF SCHOOL SUPPLIES, BOOKS, CLOTHING, AND PERSONAL ITEMS AT EITHER THE COLLEGE OR SCHOOL BOOKSTORE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$13,080,960ExpenseAmt
DescSTUDENT SERVICES: INCLUDES ADMISSIONS, REGISTRAR, COLLEGE ATHLETICS, OFFICE OF STUDENT LIFE AND HEALTH SERVICES. PRINCIPIA COLLEGE IS A MEMBER OF THE ST. LOUIS INTERCOLLEGIATE ATHLETIC CONFERENCE (SLIAC), WHICH INCLUDES 10 COLLEGES LOCATED IN KENTUCKY, ILLINOIS, IOWA, AND MISSOURI. PRINCIPIA TEAMS COMPETE IN 8 MEN'S AND 8 WOMEN'S SPORTS. NO ATHLETIC SCHOLARSHIPS ARE OFFERED BY ANY MEMBER OF SLIAC. PRINCIPIA COLLEGE MAINTAINS SEVERAL ATHLETIC FACILITIES, INCLUDING AN ATHLETIC CENTER, NATATORIUM, FIELD HOUSE, INDOOR TENNIS CENTER, 4 OUTDOOR FIELDS, OUTDOOR TENNIS COURTS, AND RUNNING TRAILS. UPPER SCHOOL STUDENTS MAY PARTICIPATE IN THE ST. LOUIS METRO LEAGUE IN ONE OR MORE SPORTS OF THE 18 OFFERED. THE ATHLETIC FACILITIES INCLUDE 3 GYMNASIUMS, AN INDOOR SWIMMING POOL, SOCCER FIELD, FOOTBALL FIELD, ALL-WEATHER RUNNING TRACK, BASEBALL AND SOFTBALL FIELDS, TENNIS COURTS, ROPES COURSE, AND CROSS COUNTRY COURSE. THE OFFICE OF STUDENT LIFE COORDINATES COLLEGE SOCIAL ACTIVITIES, INTERNATIONAL STUDENT SUPPORT, RESIDENTIAL LIVING, AND STUDENT GOVERNMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$4,421,628ExpenseAmt
Revenue$1,292,991RevenueAmt
DescOTHER: OTHER SERVICES, INCLUDING ACADEMIC SUPPORTDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$4,421,628TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,292,991TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$71,736,704TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
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 StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
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 OutstandingfalseLoanOutstandingInd
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 ContributionfalseDeductibleArtContributionInd
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 Document1052IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1112EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryINForeignCountryCd
Foreign CountryMYForeignCountryCd
Foreign CountryMXForeignCountryCd
Foreign CountryNLForeignCountryCd
Foreign CountryPLForeignCountryCd
Foreign CountrySNForeignCountryCd
Foreign CountrySPForeignCountryCd
Foreign CountryTHForeignCountryCd
Foreign CountryTUForeignCountryCd
Foreign CountryAEForeignCountryCd
Foreign CountryUKForeignCountryCd
Foreign CountryBRForeignCountryCd
Foreign CountryCAForeignCountryCd
Foreign CountryEZForeignCountryCd
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
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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 ApprovaYes (true)DecisionsSubjectToApprovaInd
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Donald D MillerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3145143103PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Bruce Bond
Vice Chair5.0Yes (X)Yes (X)$0$0$0
D Stephen DeWindt
Secretary5.0Yes (X)Yes (X)$0$0$0
David Walters
CFO (to 3/31/22); Acting COO (from 11/2021-3/2022): Trustee (from 6/22)40.0Yes (X)Yes (X)$187,723$0$5,563
Mindy Savides
Treasurer5.0Yes (X)Yes (X)$0$0$0
Patricia Sarkisian
Trustee/Exec Comm Member at Large5.0Yes (X)Yes (X)$0$0$0
Scott L Schneberger
Board Chair; Acting CE (beginning 9/1/21)35.0Yes (X)Yes (X)$91,154$0$25,784
Tom Nickell
Trustee (thru 2/19/22); CFO/COO (beginning 3/21/22)15.0Yes (X)Yes (X)$0$0$0
Allan Marquardt
Trustee5.0Yes (X)$0$0$0
Charles Lindahl
Trustee (thru 6/4/22)5.0Yes (X)$0$0$0
Chestnut Booth
Trustee5.0Yes (X)$0$0$0
Ian Forber-Pratt
Trustee (from 6/2/22)5.0Yes (X)$0$0$0
Inez Maubane Jones
Trustee5.0Yes (X)$0$0$0
Janna L Hernholm
Trustee5.0Yes (X)$0$0$0
Jorian Clarke
Trustee5.0Yes (X)$0$0$0
Kristin Jamerson
Trustee5.0Yes (X)$0$0$0
Robert J Macdonald
Trustee (thru 6/4/22)5.0Yes (X)$0$0$0
Stephen J Shaper
Trustee5.0Yes (X)$0$0$0
Todd Boyman
Trustee (from 6/2/22)5.0Yes (X)$0$0$0
Barbara Blackwell
Assist. Sec./Chief Advancement Officer/Act. Chief Planning Officer40.0Yes (X)$180,255$0$20,711
Dennis Marunde
Interim Chief Executive (through Sept 2021)40.0Yes (X)$205,483$0$8,832
Donald D Miller
Assist. Secretary, Assist. CFO and Controller40.0Yes (X)$145,650$0$16,308
Edward McCarty
Assist. Secretary/Director of Planned Giving40.0Yes (X)$124,840$0$33,072
Howard E Berner Jr
Chief Investment Officer40.0Yes (X)$285,258$0$17,518
Lee Barron
Assistant Secretary/General Counsel40.0Yes (X)$234,083$0$19,598
John Williams
College President40.0$204,531$0$16,484Yes (X)
Tamara Gavaletz
Interim Head of School (begin May 2021) and Director of School Bus Ops40.0$199,889$0$30,232Yes (X)
Duncan Charters
Faculty-Languages and Cultures40.0$178,523$0$2,984Yes (X)
James Hegerty
Faculty-Music40.0$145,366$0$9,627Yes (X)
Karl Hellman
Faculty-Economics40.0$169,224$0$11,802Yes (X)
Maya Dietz
Dean of Student Life40.0$142,548$0$42,706Yes (X)
Meggan Madden
Academic Dean40.0$179,669$0$6,058Yes (X)
Charles T Brantingham
Head of School (thru June 2021)0.0$302,947$0$57,606Yes (X)
Peter Dry
Asst Head of School Innovation and Strategy (thru June 2021)0.0$185,644$0$22,569Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,162,787TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$347,454TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K46IndivRcvdGreaterThan100KCnt
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/ZIPCdServicesServicesDescCompensationCompensationAmt
Helmkamp Construction Co
707 Berkshire BlvdEast AltonIL620241326Construction Materials and Services$20,494,149
Perfect Play Field and Links
POBox 24006BellevilleIL62226Construction Materials and Services$2,314,849
Midwest Synthetic Turf Professionals
38505 E JW Cummings RdOak GroveMO640758595Construction Materials and Services$661,785
Conference Technologies
11653 Adie RdMaryland HeightsMO630433509Equipment and Services$592,765
McClure Engineering
1000 Clark AvenueSt LouisMO631021160Engineering Services$517,545
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K30CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$0GovernmentGrantsAmt
All Other Contributions$19,150,970AllOtherContributionsAmt
Noncash Contributions$1,201,065NoncashContributionsAmt
Total Contributions$19,150,970TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition and fees611310$16,311,665$16,311,665
Auxiliary enterprises611310$6,555,054$6,555,054
Fees for non-academic credit offerings611310$1,535,535$1,535,535

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$24,402,254TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$140,766,218TotalRevenueColumnAmt
Unrelated Business Revenue$4,959,176UnrelatedBusinessRevenueAmt
Exclusion$135,807,042ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,392,702RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,460,055RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$67,353RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$67,353TotalRevenueColumnAmt
Exclusion-$67,353ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$124,108,436SecuritiesAmt
Other$4,770OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$52,737,086SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$71,371,350SecuritiesAmt
Other$4,770OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$71,376,120TotalRevenueColumnAmt
Exclusion$71,376,120ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Credit card purchase rebates900099$67,535$67,535
COBRA prmiums and emplyee insurance contrib900099$333,202$333,202
Child care charged to employees900099$238,017$238,017

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$654,237TotalRevenueColumnAmt
Related Or Exempt Func Income$654,237RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,292,991OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$256,921,200TotalRevenueColumnAmt
Related Or Exempt Func Income$25,695,245RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$4,959,176UnrelatedBusinessRevenueAmt
Exclusion$207,115,809ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,000TotalAmt
Program Services$13,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,750,873TotalAmt
Program Services$12,750,873ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,043,640TotalAmt
Management And General$1,655,687ManagementAndGeneralAmt
Fundraising$387,953FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$421,221TotalAmt
Program Services$252,034ProgramServicesAmt
Management And General$31,752ManagementAndGeneralAmt
Fundraising$137,435FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$32,580,166TotalAmt
Program Services$26,294,437ProgramServicesAmt
Management And General$4,156,968ManagementAndGeneralAmt
Fundraising$2,128,761FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,121,966TotalAmt
Program Services$894,450ProgramServicesAmt
Management And General$148,059ManagementAndGeneralAmt
Fundraising$79,457FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$7,001,530TotalAmt
Program Services$5,431,863ProgramServicesAmt
Management And General$1,136,159ManagementAndGeneralAmt
Fundraising$433,508FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,488,373TotalAmt
Program Services$1,902,569ProgramServicesAmt
Management And General$394,384ManagementAndGeneralAmt
Fundraising$191,420FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$59,156TotalAmt
Management And General$58,890ManagementAndGeneralAmt
Fundraising$266FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$236,617TotalAmt
Management And General$236,617ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,585,745TotalAmt
Management And General$3,585,745ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,159,733TotalAmt
Program Services$2,803,525ProgramServicesAmt
Management And General$1,288,490ManagementAndGeneralAmt
Fundraising$67,718FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$442,675TotalAmt
Program Services$75,971ProgramServicesAmt
Management And General$268,745ManagementAndGeneralAmt
Fundraising$97,959FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$487,998TotalAmt
Program Services$124,599ProgramServicesAmt
Management And General$271,541ManagementAndGeneralAmt
Fundraising$91,858FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,278,220TotalAmt
Program Services$418,812ProgramServicesAmt
Management And General$1,823,563ManagementAndGeneralAmt
Fundraising$35,845FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,772,154TotalAmt
Program Services$1,695,707ProgramServicesAmt
Management And General$70,710ManagementAndGeneralAmt
Fundraising$5,737FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,973,663TotalAmt
Program Services$3,722,901ProgramServicesAmt
Management And General$87,405ManagementAndGeneralAmt
Fundraising$163,357FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$225,227TotalAmt
Program Services$159,572ProgramServicesAmt
Management And General$48,327ManagementAndGeneralAmt
Fundraising$17,328FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$946,392TotalAmt
Program Services$720,966ProgramServicesAmt
Management And General$174,768ManagementAndGeneralAmt
Fundraising$50,658FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,586,334TotalAmt
Program Services$8,266,267ProgramServicesAmt
Management And General$294,082ManagementAndGeneralAmt
Fundraising$25,985FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,398,627TotalAmt
Program Services$1,342,344ProgramServicesAmt
Management And General$51,714ManagementAndGeneralAmt
Fundraising$4,569FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES and EQUIPMENT$2,325,336$2,180,471$101,133$43,732
FOOD$1,894,283$1,842,531$39,568$12,184
BOOKSTORE$133,924$133,772$152
BAD DEBT$163,338$32,153$131,185

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$974,799TotalAmt
Program Services$677,887ProgramServicesAmt
Management And General$241,403ManagementAndGeneralAmt
Fundraising$55,509FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$92,064,990TotalAmt
Program Services$71,736,704ProgramServicesAmt
Management And General$16,297,047ManagementAndGeneralAmt
Fundraising$4,031,239FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,132,562BOYAmt
EOY$7,830,610EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,914,234BOYAmt
EOY$7,614,400EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$111,653BOYAmt
EOY$293,496EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$8,034,251BOYAmt
EOY$7,299,953EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$185,526BOYAmt
EOY$239,150EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,730,332BOYAmt
EOY$1,613,668EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$327,111,803LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$154,875,531LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$157,792,191BOYAmt
EOY$172,236,272EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$225,306,283BOYAmt
EOY$300,574,282EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$579,903,852BOYAmt
EOY$583,803,882EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$77,873,043BOYAmt
EOY$40,269,205EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,062,983,927BOYAmt
EOY$1,121,774,918EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,306,341BOYAmt
EOY$7,661,338EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,315,906BOYAmt
EOY$13,612,336EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$18,666,667BOYAmt
EOY$17,333,334EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,504,598BOYAmt
EOY$28,335,367EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$73,793,512BOYAmt
EOY$66,942,375EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$366,770,510BOYAmt
EOY$320,013,868EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$622,419,905BOYAmt
EOY$734,818,675EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$989,190,415BOYAmt
EOY$1,054,832,543EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,062,983,927BOYAmt
EOY$1,121,774,918EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$164,856,210ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$95,780,595NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$3,433,487OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

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 D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$717,144,022BeginningYearBalanceAmt
Contributions$1,513,400ContributionsAmt
Investment Earnings Or Losses$137,298,673InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,287,694GrantsOrScholarshipsAmt
Other Expenditures$35,298,304OtherExpendituresAmt
End Year Balance$808,370,097EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$551,848,925BeginningYearBalanceAmt
Contributions$111,916ContributionsAmt
Investment Earnings Or Losses$214,863,786InvestmentEarningsOrLossesAmt
Grants Or Scholarships$13,988,515GrantsOrScholarshipsAmt
Other Expenditures$35,692,090OtherExpendituresAmt
End Year Balance$717,144,022EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$582,978,570BeginningYearBalanceAmt
Contributions$77,053ContributionsAmt
Investment Earnings Or Losses$15,982,633InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,446,593GrantsOrScholarshipsAmt
Other Expenditures$34,742,738OtherExpendituresAmt
End Year Balance$551,848,925EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$600,831,567BeginningYearBalanceAmt
Contributions$1,082,536ContributionsAmt
Investment Earnings Or Losses$27,646,983InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,720,956GrantsOrScholarshipsAmt
Other Expenditures$33,861,560OtherExpendituresAmt
End Year Balance$582,978,570EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$578,531,353BeginningYearBalanceAmt
Contributions$3,060,915ContributionsAmt
Investment Earnings Or Losses$65,820,930InvestmentEarningsOrLossesAmt
Grants Or Scholarships$18,607,343GrantsOrScholarshipsAmt
Other Expenditures$27,974,288OtherExpendituresAmt
End Year Balance$600,831,567EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.1885BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.5734PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2381TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$740,991OtherCostOrOtherBasisAmt
Book Value$740,991BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$236,485,165OtherCostOrOtherBasisAmt
Depreciation$111,963,542DepreciationAmt
Book Value$124,521,623BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$68,761,750OtherCostOrOtherBasisAmt
Depreciation$42,911,989DepreciationAmt
Book Value$25,849,761BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,123,897OtherCostOrOtherBasisAmt
Book Value$21,123,897BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$172,236,272TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
GENERAL and LIMITED PARTNERSHIPS
REAL ESTATE$80,000F
PRIVATE CAPITAL FUNDS$271,486,938F
OIL and GAS RIGHTS$1,633,925F
Absolute Return FUNDS$138,035,495F
REAL ASSET FUNDS$66,473,267F
BOND AND STOCK FUNDS$106,094,257F
FieldValueIRS element (for citing)
Total Book Value Securities$583,803,882TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
INTEREST RATE SWAP LIABILITY$1,219,647
DEPOSITS AND OTHER$5,010,540
LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS$16,073,040
CONDITIONAL ASSET RETIREMENT OBLIGATION$6,032,140
FieldValueIRS element (for citing)
Total Liability$28,335,367TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$145,342,040TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$95,780,595NetUnrealizedGainsInvstAmt
Other Revenue$1,225,947OtherRevenueAmt
Revenue Not Reported-$94,554,648RevenueNotReportedAmt
Revenue Subtotal$239,896,688RevenueSubtotalAmt
Investment Expenses Not Incld$4,260,618InvestmentExpensesNotIncldAmt
Other Revenues Not Included$12,763,894OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$17,024,512RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$256,921,200TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$76,266,425TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,225,947OtherExpensesIncludedAmt
Expenses Not Reported$1,225,947ExpensesNotReportedAmt
Expenses Subtotal$75,040,478ExpensesSubtotalAmt
Investment Expenses Not Incld2$4,260,618InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$12,763,894OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$17,024,512ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$92,064,990TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsENDOWMENT FUNDS ARE USED TO SUPPORT OPERATIONS, PROVIDE STUDENT AID AND OTHER USES AS DIRECTED BY DONORS. PRINCIPIA'S ENDOWMENT PROVIDES SUBSTANTIAL FUNDING FOR ANNUAL AND CAPITAL EXPENDITURES. PRINCIPIA INCURS SUBSTANTIAL FIXED COSTS FROM OPERATING TWO SEPARATE EDUCATIONAL INSTITUTIONS (4-YEAR LIBERAL ARTS COLLEGE AND PRE-K THROUGH 12TH GRADE SCHOOL). MANAGEMENT OF THE ENDOWMENT IS OVERSEEN BY AN INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES AND THE OFFICE OF THE CHIEF INVESTMENT OFFICER.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteGAAP requires that Principia evaluate its tax positions and recognize a tax liability (or asset) if Principia has taken an uncertain tax position that, more likely than not, would not be sustained on examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of June 30, 2022, there are no uncertain tax positions taken.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Rental expenses reported as offset to rental income - 1460055 Reclassification of charge to revenue as an expense - -234108
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsGrants to students deducted on F/S in arriving at revenues - 12763894
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Rental expenses reported as offset to rental income - 1460055 Reclassification of charge to revenue as an expense - -234108
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsGrants to students (reclassified from offset to revenues) - 12763894

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 RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYFormAndLineReferenceDesc
ExplanationNONDISCRIMINATORY POLICY PUBLICIZED WITHIN COLLEGE AND OTHER SCHOOL CATALOGUES AND APPLICATION MATERIALS, AS WELL AS NEWSPAPERS, WHEN APPROPRIATE.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)00Program ServicesSTUDENT AND FACULTY STUDY$692,272
Central America and the Caribbean00Investments$128,502,669
Europe (Including Iceland and Greenland)00Investments$40,669,118
North America (Canada Mexico only)00Investments$2,206,947
Sub-Saharan Africa00Program ServicesSTUDENT AND FACULTY STUDY$113,758
South America00Program ServicesSTUDENT AND FACULTY STUDY$469,592
East Asia and the Pacific00Program ServicesSTUDENT AND FACULTY STUDY$739,075
Middle East and North Africa00Program ServicesSTUDENT AND FACULTY STUDY$118,566
Central America and the Caribbean00Program ServicesSTUDENT AND FACULTY STUDY$127,260
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$173,639,257SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$173,639,257TotalSpentAmt
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

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-AccrualExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1The Cedars CampsBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line119772 Sugar DriveAddressLine1Txt
CityLebanonCityNm
State AbbreviationMOStateAbbreviationCd
ZIP655367673ZIPCd
FieldValueIRS element (for citing)
Recipient EIN440663883RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$13,000CashGrantAmt
Purpose Of GrantCedars Camps provides assistance to Principia by providing food, housing, and activities for international students during summer break.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeGRANTS and SCHOLARSHIPSGrantTypeTxt
Recipient601RecipientCnt
Cash Grant$12,750,873CashGrantAmt

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
ExplanationPRINCIPIA DISTRIBUTES GRANT AND SCHOLARSHIP FUNDS ONLY TO STUDENTS WHO APPLY THROUGH AN OFFICIAL FINANCIAL AID PROCESS. ALL GRANTS AND SCHOLARSHIPS ARE APPLIED TO THE STUDENT'S PRINCIPIA ACCOUNT TO OFFSET TUITION, ROOM, BOARD AND FEES. ALL GRANTS AND SCHOLARSHIPS ARE FROM INSTITUTIONAL FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
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 (16 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
David Walters
CFO (to 3/31/22); Acting COO (from 11/2021-3/2022): Trustee (from 6/22)$181,649$0$0$0$6,074$0$5,133$0$430$0$193,286$0$0$0
Howard E Berner Jr
Chief Investment Officer$283,015$0$0$0$2,243$0$7,160$0$10,358$0$302,776$0$0$0
Lee Barron
Assistant Secretary/General Counsel$229,475$0$0$0$4,608$0$6,089$0$13,509$0$253,681$0$0$0
Edward McCarty
Assist. Secretary/Director of Planned Giving$127,873$0$0$0-$3,033$0$4,057$0$29,015$0$157,912$0$0$0
Donald D Miller
Assist. Secretary, Assist. CFO and Controller$147,216$0$0$0-$1,566$0$4,444$0$11,864$0$161,958$0$0$0
Barbara Blackwell
Assist. Sec./Chief Advancement Officer/Act. Chief Planning Officer$185,125$0$0$0-$4,870$0$5,202$0$15,509$0$200,966$0$0$0
Dennis Marunde
Interim Chief Executive (through Sept 2021)$182,772$0$0$0$22,711$0$5,416$0$3,416$0$214,315$0$0$0
John Williams
College President$204,052$0$0$0$479$0$5,581$0$10,903$0$221,015$0$0$0
Tamara Gavaletz
Interim Head of School (begin May 2021) and Director of School Bus Ops$156,886$0$0$0$43,003$0$3,638$0$26,594$0$230,121$0$0$0
Meggan Madden
Academic Dean$179,171$0$0$0$498$0$5,083$0$975$0$185,727$0$0$0
Maya Dietz
Dean of Student Life$143,084$0$0$0-$536$0$4,362$0$38,344$0$185,254$0$0$0
Duncan Charters
Faculty-Languages and Cultures$22,756$0$0$0$155,767$0$1,138$0$1,846$0$181,507$0$0$0
Karl Hellman
Faculty-Economics$71,003$0$0$0$98,221$0$2,920$0$8,882$0$181,026$0$0$0
James Hegerty
Faculty-Music$57,612$0$0$0$87,754$0$2,652$0$6,975$0$154,993$0$0$0
Charles T Brantingham
Head of School (thru June 2021)$114,240$0$0$0$188,707$0$3,961$0$53,645$0$360,553$0$0$0
Peter Dry
Asst Head of School Innovation and Strategy (thru June 2021)$90,000$0$0$0$95,644$0$3,370$0$19,199$0$208,213$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companionsOCCASIONALLY, THE CHIEF EXECUTIVE, COLLEGE PRESIDENT OR HEAD OF SCHOOL MAY INCLUDE A SPOUSE OR FAMILY MEMBER ON BUSINESS TRAVEL WHEN THE PRESENCE OF THAT INDIVIDUAL IS DEEMED TO BENEFIT PRINCIPIA. THE INDIVIDUAL MAY ASSIST THE EMPLOYEE WITH BUSINESS RELATED ACTIVITIES AND INTERACT WITH POTENTIAL DONORS. THE VALUE OF THIS TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useTHE RESIDENCES PROVIDED TO THE COLLEGE PRESIDENT AND HEAD OF SCHOOL ARE ALSO USED TO HOST STUDENT ACTIVITIES AND MEETINGS. THE COLLEGE PRESIDENT DID NOT RESIDE IN COLLEGE-PROVIDED HOUSING DURING FY 2022. THE HEAD OF SCHOOL LIVED ON CAMPUS IN ORDER TO FULFILL HIS DUTIES. THE ESTIMATED VALUES OF THESE BENEFITS IS INCLUDED IN COLUMN D OF PART II AND WAS NOT TREATED AS TAXABLE COMPENSATION TO THE HEAD OF SCHOOL.
Schedule J, Part I, Line 1a Personal servicesTHE FACILITIES DEPARTMENT PROVIDES HOUSEKEEPING SERVICES AT THE PRESIDENT AND HEAD OF SCHOOL RESIDENCES, SINCE THESE LOCATIONS ARE USED TO HOST STUDENT ACTIVITIES AND MEETINGS, AS WELL AS EMPLOYEE AND DONOR EVENTS. THE ESTIMATED VALUES OF SUCH SERVICES ARE INCLUDED IN COLUMN D OF PART II AND WERE NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENTS.
Schedule J, Part I, Line 4a Severance or change-of-control paymentIn calendar year 2021, Principia offered certain employees who met specified criteria voluntary early retirement packages that included monetary incentives. Over 20 employees accepted the packages, included three individuals who are reported in Schedule J, Part II. Amounts applicable to these individuals are included in column B(iii) on Schedule J as "Other reportable compensation, and are as follows: Duncan Charters - $154,038; James Hegerty- $87,490; and Karl Hellman - $92,005. Two individuals employed by Principia entered into separation agreements and received cash payments. Such amounts are included in column B(iii) "Other reportable compensation, and are as follows: Charles T. Brantingham - $175,000 in calendar 2021 and $100,000 in calendar 2022; Peter Dry - $90,000 in calendar 2021 and $90,000 in calendar 2022.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
VILLAGE OF ELSAH JERSEY COUNTY ILLINOIS
A3760377632006-02-01$10,000,000CONSTRUCTIONfalsefalsefalse
VILLAGE OF ELSAH JERSEY COUNTY ILLINOIS
B3760377632005-09-01$10,000,000CONSTRUCTIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$3,193,832$0$10,000,000$0$0$0$50,896$0$0$9,949,104$0$02008falsefalseYes (true)Yes (true)
B$3,193,832$0$10,000,000$0$0$0$98,217$0$0$9,901,783$0$02007falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 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)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
BANK OF AMERICA
AfalseYes (true)Yes (true)Yes (true)30.0Yes (true)falsefalsefalseYes (true)
BANK OF AMERICA
BfalseYes (true)Yes (true)Yes (true)30.0Yes (true)falsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part IV, Line 2c COLUMN AIssuer name: VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS The calculation for computing no rebate due was performed on 10/13/2008
Schedule K, Part IV, Line 2c COLUMN BIssuer name: VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS The calculation for computing no rebate due was performed on 10/13/2008

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (3 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxt
See Part V
$120,000Merit scholarships
See Part V
$40,070Need-based grants
See Part V
$90,620Staff discount

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Hannah Brantingham
spouse of Charles T Brantingham (former Head of School)$71,706COMPENSATION AND BENEFITSfalse
Samuel M Barron
son of Lee Barron (General Counsel)$88,831COMPENSATION AND BENEFITSfalse
Laurel Walters
spouse of David Walters (CFO)$137,436Compensation and benefitsfalse
Brian Gavaletz
Spouse of Tami Gavaletz (Director of School Business Operations)$91,498Compensation and benefitsfalse
Cynthia S Miller
Spouse of Donald Miller (Controller and Assistant CFO)$31,752Compensation and benefitsfalse
Nargis Forber-Pratt
Spouse of Ian Forber-Pratt (Trustee)$12,003Compensation and benefitsfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationCOLLEGES, UNIVERSITIES AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY HAVE PROVIDED SCHOLARSHIPS, FELLOWSHIPS AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution24ContributionCnt
Noncash Contributions Rpt F990$957,065NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$204,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSteinway pianoDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$40,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - Number of contributions Other - Steinway piano number of contributions Real estate - Residential - number of contributionsExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 2 New program servicesPrincipia reinstated college abroad programs and lifetime learning travel programs after travel restrictions due to the pandemic were eased.
Form 990, Part III, Line 4d Description of other program services(Expenses $ 4,421,628 including grants of $)(Revenue $ 1,292,991) OTHER: OTHER SERVICES, INCLUDING ACADEMIC SUPPORT
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThe Executive Committee shall consist of five members, all of whom shall be voting Trustees. The Chair, Vice Chair, Secretary, and Treasurer of the Board of Trustees shall be members. In addition, one Trustee shall be nominated by the Committee on Trusteeship and elected by the Board at the annual meeting to serve at-large on the Committee. The Chief Executive shall be an ex-officio member of the Executive Committee, and shall serve without vote and not be counted as part of a quorum for the purposes of transacting business. The purpose of the Executive Committee is twofold: (1) it shall act as the Board's agent in helping the Chief Executive to address necessary business between regular Board meetings, and (2) it shall assist the Chair and the Chief Executive with their joint responsibility to help the Board function effectively and efficiently by suggesting Board meeting agenda items and periodically assessing the quality of Committee work. The Committee shall have the authority, if and as necessary, to act for the Board of Trustees on all matters except for the following, which shall be reserved for the Board: Chief Executive selection and termination; ratification of the appointment of both campus heads and the chief finance, investment and advancement officers; Trustee and Board-Officer election; changes in institutional mission; changes to the articles of incorporation; changes to the Purpose and Policies of The Principia; incurring of corporate indebtedness; sale, purchase or construction of property or assets of the type and in excess of the amount set forth in the Board Policy Manual; adoption of the annual budget; and conferral of degrees. These bylaws or other Board policies may reserve other powers for the Board of Trustees. In addition to its authority to take action on emergency matters that cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of Board committees, the institution's planning process and progress on planning goals, the Board's responsibility to support the Chief Executive and assess his or her performance, and review annually the Chief Executive's compensation and terms of employment. Written policies shall direct the Board in its assessment of the Chief Executive's performance and determination of compensation
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsSteve Dewindt, Trustee and Robert J MacDonald, Trustee - Business relationship
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersThe Principia Administrative Corporation (a Missouri Nonprofit Corporation) may select (by a majority vote of its directors) members of the governing board of The Principia Corporation. The Principia Administrative Corporation may remove members of the governing board of The Principia Corporation by a two-thirds vote of its directors. The purposes for which The Principia Administrative Corporation is organized are exclusively charitable, scientific, religious and educational.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyAFTER PRINCIPIA'S ASSISTANT CHIEF FINANCIAL OFFICER PREPARES THE 990 RETURN, IT IS REVIEWED BY THE FIRM OF CROWE LLP. AFTER REVIEW, THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR FURTHER REVIEW AND COMMENT. IF ANY CHANGES ARE NEEDED, THEY ARE MADE AND THEN THE RETURN IS SENT TO THE ENTIRE BOARD PRIOR TO ELECTRONICALLY SUBMITTING IT TO THE IRS.
Form 990, Part VI, Line 12c Conflict of interest policyCONFLICT OF INTEREST STATEMENTS ARE ANNUALLY SUBMITTED TO THE OFFICE OF THE CHIEF FINANCIAL OFFICER BY TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THESE STATEMENTS ARE REVIEWED BY THE ASSISTANT CHIEF FINANCIAL OFFICER FOR THE PURPOSES OF 1) IDENTIFYING POTENTIAL OR ACTUAL CONFLICTS OF INTEREST, AND 2) ASSURING THAT TRANSACTIONS INVOLVING POTENTIAL OR ACTUAL CONFLICTS ARE PROPERLY DISCLOSED. IF CONFLICTS ARE DETERMINED TO EXIST, THE ASSISTANT CHIEF FINANCIAL OFFICER WILL NOTIFY THE CHAIR OF THE AUDIT COMMITTEE OR THE CHAIR OF THE BOARD OF TRUSTEES, WHO WILL INFORM THE PARTY IN QUESTION THAT IT WOULD BE APPROPRIATE FOR THAT INDIVIDUAL TO REFRAIN FROM DISCUSSIONS OR VOTES INVOLVING THE IDENTIFIED CONFLICT.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesPRINCIPIA USES A BENCHMARK SYSTEM WHERE ANNUALLY SALARIES ARE SET AFTER REVIEWING WAGE DATA FOR COMPARABLE INSTITUTIONS. THIS BENCHMARK REVIEW PROCESS IS COMPLETED BY HUMAN RESOURCES. WITH RESPECT TO OFFICERS AND KEY EMPLOYEES, ANY PROPOSED ANNUAL SALARY CHANGES ARE MADE BY HUMAN RESOURCES AND REVIEWED/APPROVED BY THE CHIEF EXECUTIVE AND THE BOARD IF APPROPRIATE.
Form 990, Part VI, Line 19 Required documents available to the publicPRINCIPIA MAKES THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING BOARD BYLAWS ARE POSTED ON PRINCIPIA'S WEBSITE.
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueAll other revenue - Total Revenue: 654237, Related or Exempt Function Revenue: 654237, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesChange in value of beneficial interests in trusts held by others - -2128048; Change in value of perpetual trusts held by third party trustees - -1484418; Change in value of split interest agreements - -1199175; Change in value of interest rate swap - 1378154;
Form 990, Part VI, Section A, Line 2 Family and Business RelationshipsForm 990, Part VI, Section A, Line 2 is answered yes as Each of the directors listed at Part VII, Section A serves as a director of a related organization for the same term length.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCIPIA HOLDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 CLAYTON ROADAddressLine1Txt
CityST LOUISCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesINVESTINGPrimaryActivitiesTxt
Legal Domicile StateMOLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCIPIA CORPORATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
PRINCIPIA COLLEGE COMMUNICATIONS
13201 CLAYTON ROADST LOUISMO63131431538094SUPPORTING ORGANIZATIONMO501(c)(3)Type IPRINCIPIA CORPORATIONYes (true)
STICHTING FRED M VAN ECK SUPPORT FOUNDATION FOR THE PRINCIPIA CORPORATION
SUPPORTING ORGANIZATIONPRINCIPIA CORPORATIONfalseNL
PRINCIPIA CLUBS
13201 CLAYTON ROADSAINT LOUISMO63131431438110GROUP PARENTMO501(c)(3)10PRINCIPIA CORPORATIONYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1COREST CVBusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile Foreign CountryNLLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRelatedPredominantIncomeTypeTxt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerfalseGeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (26 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtAddress Line2ForeignAddress/AddressLine2TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACd
CORDSTRAP BV
BOSMANSKAMP 25GERLDERMALSENGELDERMALSEN, MSNLNL4191R and D and MFGNLNAC Corporation
CORDSTRAP GMBH
TACKWEG 41TONISVORSTTONISVORSTGMD47918MKTGSALESDIGMNAC Corporation
CORDSTRAP (MIDDLE EAST) LIMITED
SAVVIDES MONARCH CENTERNICOSIAACROP NICOSIACY5961MKTGSALESDICYNAC Corporation59-61 ACROPOLEOS AVE
CORDSTRAP MALAYSIA SDN BHD
NO 28 JALAN KASUARINA 12 BDR ABGKLANGSELANGORMY41200MYMKTGSALESDIMYNAC CorporationBANDAR AMBANG BOTANIC
CORDSTRAP MEXICO SA DE CV
COL VALLE DEL CAMPESTREGARZA GARCIAN.L.MX66200MKTGSALESDIMXNAC Corporation
CORDSTRAP CANADA CORPORATION
30020689 FRAISER HYLANGLEY BRITISH COLUMBIABRITISH COLUMBIACAMKTGSALESDICANAC Corporation
CORDSTRAP LIMITED
PADDOCK RD W PIMBO SKELMERSDALELANCASHIRESKELMERSDALEAEMKTGSALESDIAENAC Corporation
CORDSTRAP POLSKA SPZ OO
WYSOGOTOWO UL KAMIENNAPRZEZMIEROWOPREZMIEROWOPL62081MKTGSALESDIPLNAC Corporation
CORDSTRAP ITALIA SRL
VIA PAPA GIOVANNI PAOLO 1 422UBOLDO VAUBOLDO, VAIT21040MKTGSALESDIITNAC Corporation
CORDSTRAP SARL
5-7 AVE CHARLES DE GAULLESENLISSENLISFR60300MKTGSALESDIFRNAC Corporation
CORDSTRAP ESPANA SLU
2 CALLE ZURIC SABADELLBARCELONABARCELONASP8207MKTGSALESDISPNAC Corporation
CORDSTRAP REINFORCED TAPES BV
NOBELSTRAAT1OOSTRUM GAOOSTRUM, GANLNL5807RD-MFGMKTGNLNAC Corporation
CORDSTRAP ASIA PTE LTD
DORMANTSNNAC Corporation
COREST MANAGEMENT BV
NOBELSTRAAT 1OOSTRUM GAOOSTRUM, GANLNL5807HOLDING COMPANYNLNAC Corporation
CORDSTRAP INDIA PRIVATE LIMITED
SUITE 47 VATIKA BUSINESS CENTREPUNEPUNE - 411006INMKTGSALESDIINNAC Corporation
CORDSTRAP DO BRASIL
RUA AFONSO PENA 81CACHOEIRINHA RSCACHOEIRINHA - RSBRMKTGSALESDIBRNAC Corporation
CORDSTRAP SRO
JAKUBSKA 2PRAHAPRAHA 1, 11000EZMKTGSALESDIEZNAC Corporation
CHARITABLE LEAD TRUST (5)
CHARITABLE LEAD TRUST TO BENEFIT PRINCIPIANATrustYes (true)
PERPETUAL TRUSTS (5)
PERPETUAL TRUSTS TO BENEFIT PRINCIPIANATrustYes (true)
CHARITABLE REMAINDER TRUSTS (43)
CHARITABLE REMAINDER TRUSTS TO BENEFIT PRINCIPIANATrustYes (true)
NON-CHARITABLE TRUSTS (2)
TRUST CREATED BY BEQUEST TO BENEFIT PRINCIPIANATrustYes (true)
POOLED INCOME FUNDS (36)
POOLED INCOME FUND TO BENEFIT PRINCIPIANATrustYes (true)
CORDSTRAP THAILAND
4/222 HARBOR OFFICE BLDG 6TH FLRTUNGSUKLA SUBDISTRICT SRIRACHA DST CHONBURITUNGSUKLATZMKTGSALESDITZNAC CorporationNO 10 SUKHUMVIT RD
PRINCIPIA ADMINISTRATIVE CORPORATION
APPOINTMENT OF RELATED ORGANIZATIONS' BOARD MEMBERSC Corporationfalse13201 CLAYTON RDSAINT LOUISMO63131813381065MON/A
POLO Endstriyel Plastik San Ve Tic AS Cordstrap Turkey
Ferhat Pasa Serbest Bolge MahCatalca IstanbulTU34540MKTGSALESDITSC CorporationN/A
Cord Brasil Participacoes Ltd FKA Astro Participacoes Ltda
Rua Armando Barbedo No 715 Room 6Porto AllegreRio Grande Do SulBR91920520Holding CompanyBRNAC Corporation
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
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 OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part V, Line 2 IDENTIFICATION OF RELATED TAX EXEMPT ORGANIZATIONSFormAndLineReferenceDesc
ExplanationTHE STICHTING FRED M. VAN ECK SUPPORT FOUNDATION FOR THE PRINCIPIA CORPORATION IS AN EXEMPT ENTITY ORGANIZED IN THE NETHERLANDS. IT HAS NO U.S. SOURCED INCOME AND NO U.S. FILING REQUIREMENT.ExplanationTxt