2023-05-10T16:38:39-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2021-07-01 046130872 HAMPSHIRE COLLEGE TRUSTEES HAMP 4135494600 893 WEST STREET AMHERST MA 01002 CARL RIES VP FINANCE & ADMINISTRATION 4135494600 2023-05-08 1 CARL RIES 999009999 LAURA J KENNEY P00202198 6177170831 2023-04-28 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z EDWARD C WINGENBACH 893 WEST STREET AMHERST MA 01002 52240266 0 X WWW.HAMPSHIRE.EDU X 1965 MA INSPIRE STUDENTS TO CONTRIBUTE TO KNOWLEDGE, JUSTICE AND POSITIVE CHANGE. 25 22 797 270 1063149 0 22695410 11213379 30298241 28461829 4235453 2258364 964472 3402983 58193576 45336555 16473951 17451714 0 0 21969739 21899817 0 0 1193319 11777617 13800487 50221307 53152018 7972269 -7815463 116301174 99286024 28996739 28021860 87304435 71264164 X THE MISSION OF HAMPSHIRE COLLEGE IS TO FOSTER A LIFELONG PASSION FOR LEARNING, INQUIRY, AND ETHICAL CITIZENSHIP THAT INSPIRES STUDENTS TO CONTRIBUTE TO KNOWLEDGE, JUSTICE, AND POSITIVE CHANGE IN THE WORLD AND, BY DOING SO, TO TRANSFORM HIGHER EDUCATION. 0 0 38389271 17451714 23342674 INSTRUCTIONAL AND OTHER EDUCATIONAL ACTIVITIES. HAMPSHIRE COLLEGE PROVIDES INSTRUCTION FOR 502 FTE UNDERGRADUATE STUDENTS AND EMPLOYS 38 FTE FACULTY. EDUCATIONAL DELIVERY ALSO INCLUDES STUDENT FINANCIAL AID PROGRAMS. FINANCIAL AID INCLUDES GRANTS, SCHOLARSHIPS, AND GOVERNMENT AID AWARDS TO ASSIST STUDENTS IN THE FINANCIAL COST OF ATTENDING HAMPSHIRE COLLEGE. 95% OF OUR FACULTY HAVE PH.D OR OTHER TERMINAL DEGREES IN THEIR FIELDS. ACCREDITATION: HAMPSHIRE COLLEGE IS FULLY ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. MEMBERSHIP IN THE ASSOCIATION INDICATES THAT THE INSTITUTION HAS BEEN CAREFULLY EVALUATED AND FOUND TO MEET STANDARDS AGREED UPON QUALIFIED EVALUATORS. 6986307 5097712 INCLUDES THE COST OF HEALTH SERVICES, RECREATIONAL ATHLETICS, DEAN OF STUDENT'S OFFICE EXPENSES AND OTHER SUPPORT SERVICES FOR 502 STUDENTS. HAMPSHIRE IS ONE OF 44 COLLEGES PROFILED IN COLLEGES THAT CHANGE LIVES (CTCL) FOR "DEVELOPING POTENTIAL, VALUES, INITIATIVE, AND RISK-TAKING" IN STUDENTS. CTCL SAYS OF HAMPSHIRE, "NO COLLEGE HAS STUDENTS WHOSE INTELLECTUAL THYROIDS ARE MORE ACTIVE OR WHOSE MINDS ARE MORE COMPASSIONATELY ENGAGED." BEING PART OF HAMPSHIRE IS A WHOLE NEW WAY OF LIFE, CENTERED ON COMMUNITY. STUDENTS ARE INTEGRAL TO EVERY PART OF THE COLLEGE, SERVING ON THE BOARD OF TRUSTEES, HIRING COMMITTEES, FUNDCOM (HAMPSHIRE'S STUDENT ACTIVITIES FUND COMMITTEE), AND MORE. 85% OF STUDENTS LIVE ON CAMPUS. 100% OF STUDENTS LIVE IN SINGLES ON CAMPUS. OVER 100 CLUBS, SPORTS, AND ORGANIZATIONS, INCLUDING ASL COLLECTIVE, BLACKSMITH'S GUILD, CIRCUS FOLK UNITE!, GLOWLIME GAMES, AND WOOL PEOPLE (A FIBER CRAFTS GROUP). 594610 21443 SPONSORED RESEARCH AND RESTRICTED EXPENSES: INCLUDES ALL PRIVATE AND FEDERAL FUNDS RECEIVED FOR SPONSORED RESEARCH AND RESTRICTED ACTIVITIES. GRANTS FROM CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES SUPPORT EDUCATIONAL PROGRAMMING, PROGRAM DEVELOPMENT, INDIVIDUAL FACULTY RESEARCH, AND ENDOWED SCHOLARSHIPS. 45970188 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 94 0 1 797 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 22 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC MD MA MI NV NH OH OR WA SC OK NY NJ KY CO AK X X CARL RIES 4135494600 893 WEST STREET AMHERST MA 01002 EDWARD WINGENBACH PRESIDENT 35.00 X X 212292 0 77541 WM JOSIAH ERIKSON STAFF TRUSTEE 35.00 X 91206 0 4058 OMAR DAHI FACULTY TRUSTEE 35.00 X 49395 0 0 JOSE FUENTES CHAIR 2.00 X X 0 0 0 CATHERINE SMITH VICE CHAIR 2.00 X X 0 0 0 CAROL SALZMAN SECRETARY OF THE BOARD 2.00 X X 0 0 0 ALICE PETTY TRUSTEE 1.00 X 0 0 0 ANANDA VALENZUELA TRUSTEE 1.00 X 0 0 0 AVIVA PUSEY STUDENT TRUSTEE ELECT 1.00 X 0 0 0 CAROL VARNEY TRUSTEE 1.00 X 0 0 0 DAYNA CUNNINGHAM TRUSTEE 1.00 X 0 0 0 ELLE K CHAN TRUSTEE 1.00 X 0 0 0 ELLEN STURGIS TRUSTEE 1.00 X 0 0 0 ERIK BENAU TRUSTEE 1.00 X 0 0 0 JESUS COLMENARES ALUMNI TRUSTEE 1.00 X 0 0 0 JORDAN STRAUSS TRUSTEE 1.00 X 0 0 0 JUANA SCHURMAN TRUSTEE 1.00 X 0 0 0 JULIE SCHECTER TRUSTEE 1.00 X 0 0 0 MICHAEL PLENTY TRUSTEE 1.00 X 0 0 0 MORWIN SCHMOOKLER TRUSTEE 1.00 X 0 0 0 NICHOLAS BYTHROW STUDENT TRUSTEE 1.00 X 0 0 0 STEPHAN JOST TRUSTEE 1.00 X 0 0 0 VIBHU NORBY TRUSTEE 1.00 X 0 0 0 WARREN GORLICK TRUSTEE 1.00 X 0 0 0 WENDY WEBB WILLIAMS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER COX VP OF ACADEMIC AFFAIRS 35.00 X 150516 0 12000 ZAUYAH WAITE VP OF STUDENT AFFAIRS 35.00 X 135837 0 9679 EDMUND MELIA SECRETARY OF THE COLLEGE 35.00 X 102787 0 0 CARL RIES VP OF ADMIN, FINANCE, & TREASURER 35.00 X 96199 0 70 JENNIFER CHRISLER CHIEF ADVANCEMENT OFFICER 35.00 X 215792 0 38283 FUMIO SUGIHARA DEAN OF ADMISSIONS AND FIN. AID 35.00 X 137910 0 9020 DJOLA BRANNER PROFESSOR 35.00 X 142819 0 1193 EVA RUESCHMANN PROFESSOR 35.00 X 131257 0 7542 YANIRIS FERNANDEZ ASSOCIATE VP OF AA 35.00 X 126717 0 9020 ELIZABETH CRAUN SENIOR DIRECTOR OF OPERATIONS 35.00 X 106737 0 2318 1699464 0 170724 18 0 1 0 UNIVERSITY HEALTH SERVICES UNIVERSITY OF MASSACHUSETTS AMHERST MA 01003 HEALTH SERVICES 1150879 FIVE COLLEGES INC 95 SPRING ST AMHERST MA 01002 ADMINISTRATIVE SERVICES 904858 OLOGIE LLC 447 EAST MAIN ST COLUMBUS OH 43215 STRATEGIC MARKETING 140050 SETH MIAS CATERING 410 N MAIN ST LEEDS MA 01053 CATERING SERVICES 139565 THE REGISTRY 3 CENTENNIAL DR PEABODY MA 01960 EMPLOYMENT SERVICES 114450 6 7501359 3712020 1446643 11213379 TUITION AND FEES 900099 23342674 23342674 ROOM 721000 3459505 3459505 BOARD 722320 1638207 1638207 SPONSORED RESEARCH 900099 21443 21443 28461829 957183 957183 8104955 6803774 1301181 1301181 1301181 104529 99937 4592 4592 AUXILIARY ENTERPRISES 721000 1376349 313200 1063149 HAMPSHIRE COLLEGE CHILD CENTER 624410 587385 587385 1434657 1434657 3398391 45336555 29362414 1063149 3697613 17406977 17406977 44737 44737 1263663 339458 633570 290635 16250188 14547315 1292954 409919 1066441 906475 117308 42658 2061341 1752140 226747 82454 1258184 1069457 138400 50327 76654 76654 295 295 477294 477294 714348 428609 214304 71435 244430 244430 605001 319959 226151 58891 1128173 564087 564086 1311365 1127774 183591 149892 91583 1839 56470 20126 19739 387 672234 576651 95583 2499398 2144018 355380 447172 223586 223586 HEALTH SERVICES CONTRAC 803040 803040 FIVE COLLEGES CONSORTIU 802875 802875 OTHER OUTSIDE SERVICES 597555 219908 377647 RESEARCH & SPONSORED PR 594610 594610 2656025 2545635 -19753 130143 53152018 45970188 5988511 1193319 2965249 4105172 11630748 10791593 287430 935950 161158 80180 131391936 87909198 45568063 43482738 22785812 15473145 30605466 22098635 2297248 2318611 116301174 99286024 717395 764087 961918 874845 23752796 22813293 312419 286153 3252211 3283482 28996739 28021860 X 39682614 36865404 47621821 34398760 87304435 71264164 116301174 99286024 -7815463 -8224808 0 X 0 1 X 1 1 1 X 2599248 8663973 7613240 22695410 11213379 52785250 2599248 8663973 7613240 22695410 11213379 52785250 4011591 48773659 800962 3629921 763438 1152300 957183 7303804 423584 6125240 161642 738354 2335242 9784062 69873116 246210189 0.69800 0.70490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: AUX ENTERPRISES CHILD CARE CENTER OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 295 295 0 PART II-B, LINE 1: THE COLLEGE HAS PAID MEMBERSHIP DUES TO A CERTAIN ORGANIZATION, AND A PORTION OF THE MEMBERSHIP FEE HAS BEEN ALLOCATED TO LOBBYING EXPENSES BY THE MEMBERSHIP ORGANIZATION. 481971 X X X 0 53912240 67857 -6491011 220164 9062294 38206628 52725931 136385 12402519 182975 11169620 53912240 54529932 194582 812316 403503 2407396 52725931 53436333 1208512 2470403 2585316 54529932 48461670 2375852 7098320 4499509 53436333 0.35260 0.64740 1 0 3877606 3877606 93394807 54577146 38817661 25342702 25697040 -354338 8776821 7635012 1141809 43482738 NON-US EQUITY FUND 10203642 F HEDGE FUND 7111517 F REAL ASSET 3626644 F PRIVATE EQUITY 754646 F PRIVATE PARTNERSHIPS 271704 F POOLED LIFE INCOME FUND 130482 F 22098635 CONTINGENT ASSET RETIREMENT OBLIG. 3283482 3283482 X 19182739 -8224808 -8224808 27407547 477294 17451714 17929008 45336555 35223010 0 35223010 477294 17451714 17929008 53152018 PART III, LINE 4: ART COLLECTION - THE COLLEGE'S ART COLLECTION CONSISTS PRIMARILY OF PAINTINGS, PHOTOGRAPHS, PRINTS AND SCULPTURES THAT ARE PERIODICALLY DISPLAYED IN OUR LIBRARY GALLERY WITH NO COST FOR ADMISSION. THE WORKS CAN ALSO BE USED AS EDUCATIONAL MATERIALS FOR OUR STUDENTS WORKING ON VARIOUS DIVISION PROJECTS. LIBRARY COLLECTION - THE HAROLD F. JOHNSON LIBRARY PROMOTES THE ACADEMIC GOALS OF THE COLLEGE, TEACHING, RESEARCH, AND LEARNING. OUR COLLECTIONS REFLECT THE INTELLECTUAL INTERESTS AND CONCERNS OF OUR STUDENTS AND FACULTY, WITH PARTICULAR FOCUS ON THE CURRICULUM OF THE FIVE SCHOOLS OF NATURAL SCIENCE, SOCIAL SCIENCE, HUMANITIES, ARTS, AND CULTURAL STUDIES, INTERDISCIPLINARY ARTS, AND COGNITIVE SCIENCE. LIBRARIANS PROVIDE INSTRUCTION AND SUPPORT IN LOCATING AND CRITICALLY EVALUATING INFORMATION IN ANY FORM AND HELP PROVIDE ACCESS TO RESOURCES, ONLINE AND IN PRINT. STUDENTS AND FACULTY USING THE HAMPSHIRE COLLEGE LIBRARY ALSO HAVE ACCESS TO ALL THE LIBRARY RESOURCES OF OUR CONSORTIAL NEIGHBORS: AMHERST COLLEGE, MOUNT HOLYOKE COLLEGE, SMITH COLLEGE, AND THE UNIVERSITY OF MASSACHUSETTS - AMHERST. IN ADDITION, THROUGH FULL-TEXT DATABASES AND INTER-LIBRARY LOAN, STUDENTS AND FACULTY HAVE ACCESS TO A WIDER WORLD OF INFORMATION RESOURCES. PART V, LINE 4: ENDOWMENT FUNDS ARE DESIGNATED FOR THE FOLLOWING PURPOSES: UNRESTRICTED OPERATIONS, ACADEMIC DIVISIONS, COMPENSATION, RESEARCH, PUBLIC SERVICE AND EXTENSION, LIBRARY OPERATIONS, MAINTENANCE OF PLANT, STUDENT AID, AND OTHER PURPOSES. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE HAS ASSESSED UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT AID AWARDED PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT AID AWARDED 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HAMPSHIRE COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON OUR WEBSITE AT: HTTP://WWW.HAMPSHIRE.EDU/DISCOVER-HAMPSHIRE/NOTICE-OF-NON-DISC RIMINATION. SCHEDULE E, PART I, LINE 6 HAMPSHIRE COLLEGE RECEIVES FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION IN THE FORM OF PELL GRANTS, SEOG GRANTS, FEDERAL WORK STUDY FUNDS, ACG FUNDS AND ALSO HEERF/ARP FUNDS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTING 7111517 EUROPE 0 0 GRANTMAKING SCHOLARSHIP/FINANCIAL ASSISTANCE 28366 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING SCHOLARSHIP/FINANCIAL ASSISTANCE 16371 0 0 0 0 0 0 7156254 0 7156254 TUITION & LIVING EXPENSES EUROPE 1 28366 CREDIT TO ACCOUNT TUITION & LIVING EXPENSES CENTRAL AMERICAN & CARIBBEAN 1 16371 CREDIT TO ACCOUNT 0 0 1 1 1 0 PART I, LINE 3: RECORDS ARE MAINTAINED FOR ALL EXPENDITURES; RECEIPTS ARE REQUIRED FOR ALL REIMBURSEMENTS. PART III ACCOUNTING METHOD: 50TH ANNIVERSARY 104529 104529 30860 40069 25083 3925 104529 104529 30860 40069 25083 3925 99937 4592 1 TUITION EXCHANGE WAIVER 5 175500 STUDENT GRANTS 7 1727 HAMPSHIRE COLLEGE GRANTS 358 6987773 FOREIGN STUDENT GRANT 20 432685 CITIZENS SCHOLARSHIP AWARD 1 600 NATIONAL SERVICE AWARDS 2 1739 NON SATIS SCIRE 157 2639162 CHANGEMAKER AWARD 1 20000 COMMUNITY SCHOLARSHIP 18 99000 ARTS IN ACTION 5 41000 COMMUNITY ENGAGEMENT/SOCIAL CHANGE 2 8000 EMERGING SCIENTISTS 2 15000 HUMANITAS 127 2001000 INKWELL 4 17000 INNOVATORS 2 13000 PHI THETA KAPPA 6 121500 SUSTAINABLE FUTURE 18 192500 SEOG 181 319000 GILBERT STATE AWARDS 52 115000 COLLEGE WORK STUDY 303 189786 ACTION IN IDEAS SCHOLARSHIP 66 959000 NOVITATIS SCHOLARSHIP 41 459125 SCRIBERE VERUM EST SCHOLARSHIP 21 268500 INTERNATIONAL SCHOLAR AWARD 1 70326 INTERNATIONAL SCHOLAR AWARD 2 3 102000 ALUMNI RECOGNITON AWARD 1 2000 HAMPSHIRE OPPORTUNITY GRANT 14 339393 MA COMMUNITY COLLEGE AWARD 2 6000 TIBETAN SCHOLARSHIP 1 54998 MA GUARANTEE ACHIEVEMENT AWARD 1 2000 MA GUARANTEE EXCELLENCE AWARD 1 2000 HEERF STUDENT EMERGENCY FUND 509 1423899 ENDOWED SCHOLARSHIPS 60 326764 PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS - THE MAJORITY OF GRANTS GIVEN TO STUDENTS IN THE UNITED STATES PRIMARILY CONSIST OF NEED-BASED GRANTS. STUDENTS MUST APPLY FOR THESE FINANCIAL AID AWARDS BY COMPLETING TWO FORMS THAT ESTABLISH ELIGIBILITY FOR NEED-BASED AID. THESE ARE STANDARD FORMS USED IN HIGHER EDUCATION FOR THIS PURPOSE: COLLEGE SCHOLARSHIP SERVICE FINANCIAL AID PROFILE AND FREE APPLICATION FOR FEDERAL STUDENT AID. SCHOLARSHIPS AND SIMILAR AMOUNTS GIVEN TO STUDENTS AS FINANCIAL AID ARE APPLIED BY THE COLLEGE DIRECTLY TO THE STUDENT'S ACCOUNT TO ENSURE THAT THE GRANTS ARE USED FOR THEIR INTENDED PURPOSE. HAMPSHIRE COLLEGE GRANT AID ASSISTANCE IS GENERALLY LIMITED TO THE AMOUNT OF TUITION. THE COLLEGE ALSO OFFERS FINANCIAL AID IN THE FORM OF MERIT-BASED SCHOLARSHIPS. THESE ARE SIMILARLY APPLIED BY THE COLLEGE DIRECTLY TO THE STUDENT'S ACCOUNT TO ENSURE THAT THE GRANTS ARE USED FOR THEIR INTENDED PURPOSE AND DO NOT EXCEED THE AMOUNT OF TUITION. X 1 0 X X X 0 0 0 0 0 0 0 0 0 EDWARD WINGENBACH PRESIDENT 210616 0 0 0 1676 0 17900 0 59641 0 289833 0 0 0 JENNIFER CHRISLER CHIEF ADVANCEMENT OFFICER 195550 0 0 0 20242 0 18800 0 19483 0 254075 0 0 0 CHRISTOPHER COX VP OF ACADEMIC AFFAIRS 125044 0 0 0 25472 0 12000 0 0 0 162516 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN INDIVIDUALS - AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF THE COLLEGE IS PROVIDED WITH HOUSING OWNED BY THE COLLEGE. ALL COSTS TO MAINTAIN THE HOME WERE PAID FOR BY THE COLLEGE AND NONE OF THE BENEFITS WERE TREATED AS TAXABLE INCOME FOR THE PRESIDENT. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2012-12-17 14225000 CONSTRUCTION/RENOVATION REFINANCE 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2016-02-02 15000000 CONSTRUCTION/RENOVATION REFINANCE 0 0 0 A 4269500 14225000 201383 14023617 2012 0 1 1 1 B 1619330 15002209 299165 6713379 7987456 2016 0 0 1 1 A 0 0 0 0 0.00000 0.02000 0.02000 0 0 1 B 0 0 0 0 0.00000 0.03000 0.03000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 X 36 1445903 FMV X PRINTING SERVICES 1 548 X GRAPHIC DESIGN SERVICES 1 192 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE COLLEGE'S GIFT ACCEPTANCE POLICY IS AVAILABLE FROM THE OFFICE OF INSTITUTIONAL ADVANCEMENT UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS' POWER TO ELECT GOVERNING BODY - THE STUDENT BODY ELECTS A STUDENT TRUSTEE AND AN ALTERNATE. THE FACULTY ELECTS A FACULTY TRUSTEE. THE STAFF ELECTS A STAFF TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - MANAGEMENT OF THE COLLEGE IS RESPONSIBLE FOR PREPARING A DRAFT OF FORM 990 WITH THE ASSISTANCE OF AN OUTSIDE PUBLIC ACCOUNTING FIRM. THE COMPLETED DRAFT OF FORM 990 IS PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES IN ADVANCE OF THE FILING DEADLINE TO ENABLE A REVIEW BY ALL MEMBERS OF THE COMMITTEE WITH SENIOR MANAGEMENT AND THE COLLEGE'S TAX ADVISOR FROM A PUBLIC ACCOUNTING FIRM. ALL QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE MEMBERS ARE ADDRESSED AND INCORPORATED INTO FORM 990 AS APPROPRIATE. AFTER THE AUDIT COMMITTEE'S REVIEW, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED A COPY OF THE COMPLETED FORM 990 IN ADVANCE OF THE FILING DEADLINE VIA A DEDICATED WEBSITE. AFTER INPUT FROM THE BOARD OF TRUSTEES AND THE AUDIT COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE COLLEGE ANNUALLY REQUIRES DISCLOSURES OF CONFLICTS OF INTEREST THROUGH A CONFLICT OF INTEREST FORM. THE TRUSTEES ARE EMAILED THE CONFLICT OF INTEREST FORM FROM THE PRESIDENT'S OFFICE VIA THE COLLEGE'S SECRETARY, AND THE COMPLETED FORMS ARE RETURNED TO THE BUSINESS OFFICE. IF A COMPLETED CONFLICT OF INTEREST FORM DISCLOSES A CONFLICT, IT IS GIVEN TO THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE VP FOR FINANCE AND ADMINISTRATION REVIEWS THE FORMS AND THEN SENDS THEM TO THE AUDIT AND COMPLIANCE COMMITTEE IF THE DISCLOSURE IS SOMETHING THAT THE COMMITTEE NEEDS TO BE AWARE OF. THE TRUSTEES RECUSE THEMSELVES FROM VOTING ON MATTERS IN WHICH THEY HAVE A CONFLICT. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, AND A TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTION BY MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL - THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT. THE PROCESS INCLUDES REVIEWING COMPARABLE DATA TO DETERMINE APPROPRIATE COMPENSATION LEVELS. THE DOCUMENTED PROCESS AND DECISIONS MADE ARE PRESERVED IN HUMAN RESOURCES. THE EXECUTIVE COMMITTEE IS EMPOWERED TO APPROVE THE ANNUAL COMPENSATION OF THE PRESIDENT, AND THE EXECUTIVE COMMITTEE, OR A SUBSET THEREOF, MEETS WITH THE PRESIDENT ANNUALLY FOR A FORMAL EVALUATION AFTER RECEIVING INPUT FROM THE FULL BOARD. THE OTHER OFFICERS' COMPENSATION IS REVIEWED BY THE PRESIDENT. COMPARATIVE SALARY DATA AS WELL AS PROPOSED SALARIES ARE BROUGHT BY THE PRESIDENT TO THE EXECUTIVE COMMITTEE FOR REVIEW. THE PRESIDENT MAKES THE FINAL SALARY DECISIONS FOR ALL COLLEGE OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE COLLEGE'S BY-LAWS, CODE OF CONDUCT, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE ON THE COLLEGE'S WEBSITE: WWW.HAMPSHIRE.EDU, FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL. FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. CHARITABLE REMAINDER TRUSTS(4) 893 WEST STREET AMHERST MA 01022 CHARITABLE TRUST MA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0