THE TRUSTEES OF GRINNELL COLLEGE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF GRINNELL COLLEGE (EIN 42-0680387)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-12
IRS object ID: 202311329349303386
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
Form 990
Schedule A
Schedule B
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	2023-05-12T10:37:49-05:00	ReturnTs
Tax Period End	2022-06-30	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	TWO INTERNATIONAL PLACE 22ND FLOOR	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02110	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	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	2023-05-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	GERMAINE	PersonFirstNm
Person Last	GROSS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LAURA J KENNEY	PreparerPersonNm
PTIN	P00202198	PTIN
Phone	6177170831	PhoneNum
Preparation	2023-05-02	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	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	$1,117,300,257	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	29	VotingMembersGoverningBodyCnt
Voting Members Independent	28	VotingMembersIndependentCnt
Total Employee	2262	TotalEmployeeCnt
Total Volunteers	1317	TotalVolunteersCnt
Total Gross UBI	$2,258,071	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$1,459,338	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$11,462,523	PYContributionsGrantsAmt
CY Contributions Grants	$16,685,086	CYContributionsGrantsAmt
PY Program Service Revenue	$87,341,535	PYProgramServiceRevenueAmt
CY Program Service Revenue	$120,958,034	CYProgramServiceRevenueAmt
PY Investment Income	$174,274,866	PYInvestmentIncomeAmt
CY Investment Income	$210,484,205	CYInvestmentIncomeAmt
PY Other Revenue	$896,902	PYOtherRevenueAmt
CY Other Revenue	$3,067,669	CYOtherRevenueAmt
PY Total Revenue	$273,975,826	PYTotalRevenueAmt
CY Total Revenue	$351,194,994	CYTotalRevenueAmt
PY Grants And Similar Paid	$52,346,251	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$67,634,263	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$78,833,740	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$86,477,948	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$204,800	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$67,660	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,694,477	CYTotalFundraisingExpenseAmt
PY Other Expenses	$58,582,785	PYOtherExpensesAmt
CY Other Expenses	$58,122,635	CYOtherExpensesAmt
PY Total Expenses	$189,967,576	PYTotalExpensesAmt
CY Total Expenses	$212,302,506	CYTotalExpensesAmt
PY Revenues Less Expenses	$84,008,250	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$138,892,488	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,450,447,819	TotalAssetsBOYAmt
Total Assets EOY	$2,988,511,926	TotalAssetsEOYAmt
Total Liabilities BOY	$300,125,396	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$278,738,530	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,150,322,423	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,709,773,396	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	$115,254,751	ExpenseAmt
Grant	$66,282,206	GrantAmt
Revenue	$98,506,956	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 12 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 9 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	$29,982,100	ExpenseAmt
Grant	$722,816	GrantAmt
Revenue	$897,385	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 Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$30,848,625	ExpenseAmt
Grant	$629,241	GrantAmt
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 Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$17,565,074	ExpenseAmt
Revenue	$21,553,693	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	$17,565,074	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$21,553,693	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$193,650,550	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	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	Yes (1)	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	2092	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	2262	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	29	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	0	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 STREET	AddressLine1Txt
City	GRINNELL	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	501122227	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL B KAHN
TRUSTEE & CHAIR	6.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ANGELA ONWUACHI-WILLIG
TRUSTEE & VICE CHAIR	6.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SHERYL WALTER
TRUSTEE & VICE CHAIR	6.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
LESTER ALEMAN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PATRICIA FITZGIBBONS ANDERSON
TRUSTEE (SEPARATED IN FY22)	3.00	0.00	Yes (X)		$0	$0	$0
DAVID B BRAMAN
TRUSTEE (SEPARATED IN FY22)	3.00	0.00	Yes (X)		$0	$0	$0
R CHRISTINA CUTLIP
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ODILE DISCH-BHADKAMKAR
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JEETANDER DULANI
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
SHELLEY FLOYD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JULIE GOSSELINK
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JON GRAY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
GRACIELA GUZMAN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KEITH A JANTZEN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN H KISPERT
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
BRUCE KOFF
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KIMBERLY A KUNCL
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
TOBI KLEIN MARCUS
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
DAVID E MAXWELL
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KATHRYN J MOHRMAN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
GEORGE E MOOSE
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
STEPHEN G MOYER
TRUSTEE (SEPARATED IN FY22)	1.00	0.00	Yes (X)		$0	$0	$0
JEANNE MYERSON
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
SAUMIL H PARIKH
TRUSTEE (SEPARATED IN FY22)	1.00	0.00	Yes (X)		$0	$0	$0
NANCY L RADERMECHER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
W EDWARD SENN
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
HAM SERUNJOGI
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KAREN E SHAFF
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOEL R SPIEGEL
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KRISTIN STOUT
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MATTHEW E WELCH
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
ERIC E WHITAKER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CONNIE WIMER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JAINEN THAYER
CHIEF INVESTMENT OFFICER	60.00	0.00		Yes (X)	$1,089,742	$0	$61,658
ANNE HARRIS
PRESIDENT	60.00	0.00		Yes (X)	$590,356	$0	$115,491
KEITH ARCHER
VP FINANCE AND TREASURER	60.00	0.00		Yes (X)	$190,940	$0	$32,431
NANCY L COMBS
INTERIM VP FOR FINANCE AND TREASURER	60.00	0.00		Yes (X)	$193,597	$0	$55,043
MARGARET JONES BAIR
SECRETARY	50.00	0.00		Yes (X)	$103,021	$0	$34,575
JACI THIEDE
VP DEVELOPMENT & ALUMNI RELATIONS	60.00	0.00			$335,040	$0	$43,309	Yes (X)
JOSEPH P BAGNOLI
VP ENROLLMENT	60.00	0.00			$247,033	$0	$103,019	Yes (X)
ANGELA VOOS
VP STRAT. INITIATIVES/CHIEF OF STAFF	60.00	0.00			$233,823	$0	$34,548	Yes (X)
DAVID R ROBINSON
CHIEF INFORMATION OFFICER	60.00	0.00			$210,130	$0	$47,580	Yes (X)
DEBRA LUKEHART
VP COMMUNICATIONS	60.00	0.00			$280,673	$0	$49,343	Yes (X)
ELAINE M MARZLUFF
INTERIM DEAN OF THE COLLEGE	60.00	0.00			$222,767	$0	$33,787	Yes (X)
SARAH MOSCHENROSS
VP STUDENT AFFAIRS	60.00	0.00			$181,061	$0	$48,171	Yes (X)
JANA GRIMES
VP OF HUMAN RESOURCES	60.00	0.00			$159,577	$0	$23,277	Yes (X)
SCHVALLA RIVERA
VP DIVERSITY & INCLUSION	60.00	0.00			$173,466	$0	$27,036	Yes (X)
PAIGE L CARLSON
ASSOCIATE DIRECTOR OF INVESTMENTS	50.00	0.00			$416,065	$0	$55,848		Yes (X)
JOHN KALKBRENNER
AVP OF AUXILIARY SERVICES	50.00	0.00			$204,348	$0	$42,750		Yes (X)
HENRY W MOYER
PROFESSOR OF POLITICAL SCIENCE	50.00	0.00			$223,613	$0	$33,482		Yes (X)
DAVID G CAMPBELL
PROFESSOR OF BIOLOGY	50.00	0.00			$203,681	$0	$43,450		Yes (X)
KELLY SANDQUIST
DIRECTOR OF INVESTMENT OPERATIONS	50.00	0.00			$204,322	$0	$22,683		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,463,255	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$907,481	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	158	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SUMMIT STREET CAPITAL MANAGEMENT LLC
509 MADISON AVE 19TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	$2,433,526
OPN INC
200 5TH AVE SE SUITE 201	CEDAR RAPIDS	IA	52401	ARCHITECTURE	$2,402,429
EAGLE CAPITAL
499 PARK AVENUE 17TH FLOOR	NEW YORK	NY	10022	INVESTMENT MANAGER	$1,647,682
BARES CAPITAL MANAGEMENT
12600 HILL COUNTRY BLVD STE R-230	AUSTIN	TX	78738	INVESTMENT MANAGER	$1,224,115
NYEMASTER GOODE PC
STE 1600 700 WALNUT	DES MOINES	IA	503093899	LEGAL	$433,404

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	22	CntrctRcvdGreaterThan100KCnt
Government Grants	$4,128,874	GovernmentGrantsAmt
All Other Contributions	$12,556,212	AllOtherContributionsAmt
Noncash Contributions	$776,472	NoncashContributionsAmt
Total Contributions	$16,685,086	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
TUITION	611600	$98,495,678	$98,495,678
AUXILIARY SERVICES	611710	$21,187,629		$21,187,629
FEES, SOURCES, & FINES	611710	$897,385		$897,385
ALUMNI FEES	611710	$366,064		$366,064
INDIRECT COST RECOVERY	611710	$1,575		$1,575

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,703	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,703	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$120,958,034	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,709,439	TotalRevenueColumnAmt
Unrelated Business Revenue	$2,258,071	UnrelatedBusinessRevenueAmt
Exclusion	$5,451,368	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,115	TotalRevenueColumnAmt
Exclusion	$5,115	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,049,561	TotalRevenueColumnAmt
Exclusion	$3,049,561	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$141,944	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$143,306	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$1,362	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,362	TotalRevenueColumnAmt
Exclusion	-$1,362	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$968,690,608	SecuritiesAmt
Other	$41,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$765,919,993	SecuritiesAmt
Other	$41,964	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$202,770,615	SecuritiesAmt
Other	-$964	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$202,769,651	TotalRevenueColumnAmt
Exclusion	$202,769,651	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$19,470	TotalRevenueColumnAmt
Exclusion	$19,470	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$19,470	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$351,194,994	TotalRevenueColumnAmt
Related Or Exempt Func Income	$98,505,381	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$2,258,071	UnrelatedBusinessRevenueAmt
Exclusion	$233,746,456	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$179,991	TotalAmt
Program Services	$179,991	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$56,058,701	TotalAmt
Program Services	$56,058,701	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$11,395,571	TotalAmt
Program Services	$11,395,571	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,899,821	TotalAmt
Program Services	$773,867	ProgramServicesAmt
Management And General	$3,401,364	ManagementAndGeneralAmt
Fundraising	$724,590	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,412,602	TotalAmt
Program Services	$900,206	ProgramServicesAmt
Management And General	$512,396	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$61,423,266	TotalAmt
Program Services	$53,967,109	ProgramServicesAmt
Management And General	$4,252,313	ManagementAndGeneralAmt
Fundraising	$3,203,844	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,685,240	TotalAmt
Program Services	$5,027,963	ProgramServicesAmt
Management And General	$376,582	ManagementAndGeneralAmt
Fundraising	$280,695	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$8,342,237	TotalAmt
Program Services	$7,484,472	ProgramServicesAmt
Management And General	$416,003	ManagementAndGeneralAmt
Fundraising	$441,762	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,714,782	TotalAmt
Program Services	$3,987,940	ProgramServicesAmt
Management And General	$441,767	ManagementAndGeneralAmt
Fundraising	$285,075	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$979,497	TotalAmt
Program Services	$145,214	ProgramServicesAmt
Management And General	$833,908	ManagementAndGeneralAmt
Fundraising	$375	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$206,680	TotalAmt
Management And General	$206,680	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$67,660	TotalAmt
Fundraising	$67,660	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$5,822,015	TotalAmt
Management And General	$5,822,015	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$6,489,504	TotalAmt
Program Services	$3,824,880	ProgramServicesAmt
Management And General	$2,561,067	ManagementAndGeneralAmt
Fundraising	$103,557	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$236,393	TotalAmt
Program Services	$190,587	ProgramServicesAmt
Management And General	$43,861	ManagementAndGeneralAmt
Fundraising	$1,945	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,092,663	TotalAmt
Program Services	$8,530,585	ProgramServicesAmt
Management And General	$137,134	ManagementAndGeneralAmt
Fundraising	$424,944	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,825,174	TotalAmt
Program Services	$3,286,704	ProgramServicesAmt
Management And General	$535,099	ManagementAndGeneralAmt
Fundraising	$3,371	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$16,261	TotalAmt
Program Services	$16,261	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$7,134,221	TotalAmt
Program Services	$6,571,971	ProgramServicesAmt
Management And General	$346,689	ManagementAndGeneralAmt
Fundraising	$215,561	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,844,393	TotalAmt
Program Services	$2,252,087	ProgramServicesAmt
Management And General	$379,947	ManagementAndGeneralAmt
Fundraising	$212,359	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,234,350	TotalAmt
Program Services	$736,217	ProgramServicesAmt
Management And General	$219,245	ManagementAndGeneralAmt
Fundraising	$278,888	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$6,159,658	TotalAmt
Program Services	$6,159,658	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,195,219	TotalAmt
Program Services	$13,767,097	ProgramServicesAmt
Management And General	$263,984	ManagementAndGeneralAmt
Fundraising	$164,138	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$904,678	TotalAmt
Program Services	$904,678	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
AUXILIARY COGS	$3,084,234	$3,084,234
OFF CAMPUS PROGRAM COST	$2,247,686	$2,247,686
SPECIAL PROGRAMS	$269,291	$236,622	$32,669
INVEST. EXCISE AND UBI	-$9,154,361		-$9,154,361

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,535,079	TotalAmt
Program Services	$1,920,249	ProgramServicesAmt
Management And General	$329,117	ManagementAndGeneralAmt
Fundraising	$285,713	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$212,302,506	TotalAmt
Program Services	$193,650,550	ProgramServicesAmt
Management And General	$11,957,479	ManagementAndGeneralAmt
Fundraising	$6,694,477	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$3,271,051	BOYAmt
EOY	$4,191,773	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,104,905	BOYAmt
EOY	$5,249,804	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,117,782	BOYAmt
EOY	$2,256,615	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$410	BOYAmt
EOY	$3,920	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,242,381	BOYAmt
EOY	$1,175,261	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,525,248	BOYAmt
EOY	$4,432,637	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$581,223,676	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$247,735,219	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$331,918,926	BOYAmt
EOY	$333,488,457	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$712,437,241	BOYAmt
EOY	$563,754,160	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,382,136,146	BOYAmt
EOY	$2,070,005,782	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$4,693,729	BOYAmt
EOY	$3,953,517	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,450,447,819	BOYAmt
EOY	$2,988,511,926	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$46,164,717	BOYAmt
EOY	$33,668,691	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$5,876,110	BOYAmt
EOY	$4,793,275	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$173,519,960	BOYAmt
EOY	$168,761,530	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$4,140,759	BOYAmt
EOY	$3,115,978	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$60,012,799	BOYAmt
EOY	$60,032,111	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,411,051	BOYAmt
EOY	$8,366,945	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$300,125,396	BOYAmt
EOY	$278,738,530	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	$2,160,524,998	BOYAmt
EOY	$1,863,780,780	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$989,797,425	BOYAmt
EOY	$845,992,616	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,150,322,423	BOYAmt
EOY	$2,709,773,396	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,450,447,819	BOYAmt
EOY	$2,988,511,926	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$138,892,488	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$584,881,577	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$5,440,062	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

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 D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$359,973	RevenuesIncludedAmt
Assets Included	$10,380,965	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	$2,931,550,076	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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,991,605,132	BeginningYearBalanceAmt
Contributions	$3,278,055	ContributionsAmt
Investment Earnings Or Losses	$154,954,634	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$21,720,418	GrantsOrScholarshipsAmt
Other Expenditures	$58,164,002	OtherExpendituresAmt
End Year Balance	$2,069,953,401	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,871,046,105	BeginningYearBalanceAmt
Contributions	$13,951,066	ContributionsAmt
Investment Earnings Or Losses	$184,388,901	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$21,647,276	GrantsOrScholarshipsAmt
Other Expenditures	$56,133,664	OtherExpendituresAmt
End Year Balance	$1,991,605,132	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	$4,725,916	OtherCostOrOtherBasisAmt
Book Value	$4,726,016	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$460,908,845	OtherCostOrOtherBasisAmt
Depreciation	$179,328,722	DepreciationAmt
Book Value	$281,580,123	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$75,900,652	OtherCostOrOtherBasisAmt
Depreciation	$58,858,892	DepreciationAmt
Book Value	$17,041,760	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$39,688,163	OtherCostOrOtherBasisAmt
Depreciation	$9,547,605	DepreciationAmt
Book Value	$30,140,558	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$333,488,457	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$11,623,921	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
NON-MARKETABLE ALTERNATIVES	$1,006,837,024	F
MARKETABLE ALTERNATIVES	$1,044,942,444	F
OTHER SECURITIES	$4,840	F
BENEFICIAL INTEREST IN TRUSTS	$6,597,553	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,070,005,782	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ANNUITIES PAYABLE	Desc
Amt	$8,366,945	Amt

Field	Value	IRS element (for citing)
Total Liability	$8,366,945	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	-$300,154,240	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$584,881,577	NetUnrealizedGainsInvstAmt
Other Revenue	$191,982	OtherRevenueAmt
Revenue Not Reported	-$584,689,595	RevenueNotReportedAmt
Revenue Subtotal	$284,535,355	RevenueSubtotalAmt
Investment Expenses Not Incld	$11,257,296	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$55,402,343	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$66,659,639	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$351,194,994	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$140,394,787	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$144,270	OtherExpensesIncludedAmt
Expenses Not Reported	$144,270	ExpensesNotReportedAmt
Expenses Subtotal	$140,250,517	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$11,257,296	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$60,794,693	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$72,051,989	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$212,302,506	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, 2022, 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 143,306. CHANGE IN VALUE OF LIFE INSURANCE 47,712. LOSS OF DISPOSAL OF FIXED ASSETS 964.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	GRANT AND SCHOLARSHIPS 64,190,640. ALUMNI FEES 366,064. INVESTMENT EXCISE AND UNRELATED BUSINESS INCOME TAX -9,154,361.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	DIRECT RENTAL EXPENSES 143,306. LOSS OF DISPOSAL OF FIXED ASSETS 964.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	GRANT AND SCHOLARSHIPS 64,190,640. ALUMNI FEES 366,064. INVESTMENT EXCISE AND UNRELATED BUSINESS INCOME TAX -9,154,361. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION 1,338,074. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 4,054,276.

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 HEERF (COVID-19) 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 & CARIBBEAN	GRANTS	$361,314
SOUTH ASIA	GRANTS	$3,622,385
SOUTH AMERICA	GRANTS	$1,160,616
RUSSIA & NEIGHBORING STATES	GRANTS	$423,499
SUB-SAHARAN AFRICA	GRANTS	$589,150
MIDDLE EAST & NORTH AFRICA	GRANTS	$493,979
EUROPE	GRANTS	$1,212,183
EAST ASIA & THE PACIFIC	GRANTS	$3,333,732
NORTH AMERICA	GRANTS	$173,714
EUROPE	INVESTMENTS (BOOK VALUE)	$23,176,501
SUB-SAHARAN AFRICA	INVESTMENTS (BOOK VALUE)	$47,740,605
CENTRAL AMERICA & CARIBBEAN	INVESTMENTS (BOOK VALUE)	$771,535,545
NORTH AMERICA	INVESTMENTS (BOOK VALUE)	$632
EUROPE	INVESTMENTS (EXPENDITURES)	$1,369,231
EAST ASIA & THE PACIFIC	INVESTMENTS (EXPENDITURES)	$30,412,885
SUB-SAHARAN AFRICA	INVESTMENTS (EXPENDITURES)	$6,966,990
CENTRAL AMERICA & CARIBBEAN	INVESTMENTS (EXPENDITURES)	$203,612,653
RUSSIA & NEIGHBORING STATES	PROGRAM SERVICES	$2,412	ACADEMIC/EDUCATION
SOUTH AMERICA	PROGRAM SERVICES	$7,663	ACADEMIC/EDUCATION
EUROPE	PROGRAM SERVICES	$456,605	ACADEMIC/EDUCATION
CENTRAL AMERICA & CARIBBEAN	PROGRAM SERVICES	$7,783	ACADEMIC/EDUCATION
SOUTH ASIA	PROGRAM SERVICES	$759	ACADEMIC/EDUCATION
EAST ASIA & THE PACIFIC	PROGRAM SERVICES	$17,512	ACADEMIC/EDUCATION
MIDDLE EAST & NORTH AFRICA	PROGRAM SERVICES	$7,103	ACADEMIC/EDUCATION
NORTH AMERICA	PROGRAM SERVICES	$9,793	ACADEMIC/EDUCATION
SUB-SAHARAN AFRICA	PROGRAM SERVICES	$79,564	ACADEMIC/EDUCATION

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	$11,196,858	SubtotalSpentAmt
Continuation Spent	$1,085,577,950	ContinuationSpentAmt
Total Spent	$1,096,774,808	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	SOUTH ASIA	RegionTxt
Purpose Of Grant	GENERAL SUPPORT	PurposeOfGrantTxt
Cash Grant	$25,000	CashGrantAmt
Manner Of Cash Disbursement	WIRE TRANSFER	MannerOfCashDisbursementTxt
Non Cash Assistance	$0	NonCashAssistanceAmt
Description Of Non Cash Asst	N/A	DescriptionOfNonCashAsstTxt
Valuation Method Used	N/A	ValuationMethodUsedDesc

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (34 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
AWARDS	SOUTH ASIA	3	$82,500	CHECK	N/A	N/A
FELLOWSHIPS	SUB-SAHARAN AFRICA	8	$18,899	CHECK	N/A	N/A
FELLOWSHIPS	SOUTH ASIA	72	$121,373	CHECK	N/A	N/A
FELLOWSHIPS	SOUTH AMERICA	21	$39,548	CHECK	N/A	N/A
FELLOWSHIPS	RUSSIA & NEIGHBORING STATES	8	$15,770	CHECK	N/A	N/A
FELLOWSHIPS	NORTH AMERICA	8	$9,530	CHECK	N/A	N/A
FELLOWSHIPS	MIDDLE EAST & NORTH AFRICA	8	$13,049	CHECK	N/A	N/A
FELLOWSHIPS	EUROPE	28	$50,702	CHECK	N/A	N/A
FELLOWSHIPS	CENTRAL AMERICA & CARIBBEAN	6	$9,950	CHECK	N/A	N/A
FELLOWSHIPS	EAST ASIA & THE PACIFIC	109	$176,914	CHECK	N/A	N/A
INTERNSHIPS	SOUTH ASIA	9	$50,908	CHECK	N/A	N/A
INTERNSHIPS	SOUTH AMERICA	5	$31,377	CHECK	N/A	N/A
INTERNSHIPS	RUSSIA & NEIGHBORING STATES	1	$6,977	CHECK	N/A	N/A
INTERNSHIPS	NORTH AMERICA	1	$883	CHECK	N/A	N/A
INTERNSHIPS	MIDDLE EAST & NORTH AFRICA	4	$21,012	CHECK	N/A	N/A
INTERNSHIPS	EUROPE	7	$40,949	CHECK	N/A	N/A
INTERNSHIPS	EAST ASIA & THE PACIFIC	18	$89,103	CHECK	N/A	N/A
INTERNSHIPS	CENTRAL AMERICA & CARIBBEAN	1	$6,977	CHECK	N/A	N/A
PRIZES	MIDDLE EAST & NORTH AFRICA	2	$200	CHECK	N/A	N/A
PRIZES	EUROPE	3	$2,330	CHECK	N/A	N/A
PRIZES	SOUTH AMERICA	4	$2,300	CHECK	N/A	N/A
PRIZES	SOUTH ASIA	14	$8,867	CHECK	N/A	N/A
PRIZES	SUB-SAHARAN AFRICA	6	$3,490	CHECK	N/A	N/A
PRIZES	CENTRAL AMERICA & CARIBBEAN	1	$2,000	CHECK	N/A	N/A
PRIZES	EAST ASIA & THE PACIFIC	16	$8,701	CHECK	N/A	N/A
SCHOLARSHIPS	MIDDLE EAST & NORTH AFRICA	8	$459,718	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	EUROPE	20	$1,118,202	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	NORTH AMERICA	4	$163,301	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	RUSSIA & NEIGHBORING STATES	7	$400,752	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SOUTH AMERICA	20	$1,087,391	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SOUTH ASIA	73	$3,358,737	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	SUB-SAHARAN AFRICA	8	$566,761	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	EAST ASIA & THE PACIFIC	78	$3,059,014	CREDIT TO STUDENT ACCOUNT	N/A	N/A
SCHOLARSHIPS	CENTRAL AMERICA & CARIBBEAN	6	$342,387	CREDIT TO STUDENT ACCOUNT	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	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 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 III ACCOUNTING METHOD:

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

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEVEL 5 THE EXPO GROUP	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5931 W CAMPUS CIRCLE DR	AddressLine1Txt
City	IRVING	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75063	ZIPCd

Field	Value	IRS element (for citing)
Activity	FUNDRAISING PLAN DEVELOPMENT	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$66,160	RetainedByContractorAmt
Net To Organization	$0	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Retained By Contractors	$66,160	TotalRetainedByContractorsAmt
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	DC	LicensedStatesCd
Licensed States	DE	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 (7 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	GOV	$9,936	$0	N/A	N/A	GENERAL SUPPORT
CLAUDE W AND DOLLY AHERNS FOUNDATION
1510 PENROSE ST	GRINNELL	IA	50112	391906775	501(C)(3)	$10,925	$0	N/A	N/A	GENERAL SUPPORT
GREATER POWESHIEK COMMUNITY FOUNDATION
1510 PENROSE ST	GRINNELL	IA	50112	421298055	501(C)(3)	$87,396	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL AREA CHAMBER OF COMMERCE
833 4TH AVENUE	GRINNELL	IA	50112	420286455	501(C)(6)	$9,600	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL NEWBURG COMMUNITY SCHOOLS
925 BROAD STREET	GRINNELL	IA	50112	426036570	GOV	$11,500	$0	N/A	N/A	GENERAL SUPPORT
POWESHIEK ANIMAL LEAGUE SHELTER
4167 20TH STREET	GRINNELL	IA	50112	201045708	501(C)(3)	$8,212	$0	N/A	N/A	GENERAL SUPPORT
GRINNELL COMMUNITY DAYCARE
1436 PENROSE STREET	GRINNELL	IA	50112	420947994	501(C)(3)	$7,479	$0	N/A	N/A	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	6	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS	1379	$53,654,642	N/A	N/A
PRIZES	91	$111,521	N/A	N/A
FELLOWSHIPS	985	$1,835,997	N/A	N/A
INTERSHIPS	70	$319,041	N/A	N/A
AWARDS	4	$137,500	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 ENHANCEMENT AND ENGAGEMENT. 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)
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	Yes (1)	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 (18 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	$523,454	$0	$565,602	$0	$686	$0	$29,000	$0	$32,658	$0	$1,151,400	$0	$0	$0
ANNE HARRIS
PRESIDENT	$553,454	$0	$25,000	$0	$11,902	$0	$29,000	$0	$86,491	$0	$705,847	$0	$0	$0
PAIGE L CARLSON
ASSOCIATE DIRECTOR OF INVESTMENTS	$243,904	$0	$171,751	$0	$410	$0	$29,000	$0	$26,848	$0	$471,913	$0	$0	$0
JACI THIEDE
VP DEVELOPMENT & ALUMNI RELATIONS	$328,594	$0	$5,000	$0	$1,446	$0	$29,000	$0	$14,309	$0	$378,349	$0	$0	$0
JOSEPH P BAGNOLI
VP ENROLLMENT	$235,577	$0	$10,000	$0	$1,456	$0	$25,037	$0	$77,982	$0	$350,052	$0	$0	$0
DEBRA LUKEHART
VP COMMUNICATIONS	$179,845	$0	$60,180	$0	$40,648	$0	$22,586	$0	$26,757	$0	$330,016	$0	$0	$0
ANGELA VOOS
VP STRAT. INITIATIVES/CHIEF OF STAFF	$224,222	$0	$7,500	$0	$2,101	$0	$23,421	$0	$11,127	$0	$268,371	$0	$0	$0
DAVID R ROBINSON
CHIEF INFORMATION OFFICER	$202,319	$0	$7,500	$0	$311	$0	$21,557	$0	$26,023	$0	$257,710	$0	$0	$0
HENRY W MOYER
PROFESSOR OF POLITICAL SCIENCE	$220,729	$0	$0	$0	$2,884	$0	$22,280	$0	$11,202	$0	$257,095	$0	$0	$0
ELAINE M MARZLUFF
INTERIM DEAN OF THE COLLEGE	$222,231	$0	$0	$0	$536	$0	$22,417	$0	$11,370	$0	$256,554	$0	$0	$0
NANCY L COMBS
INTERIM VP FOR FINANCE AND TREASURER	$187,409	$0	$5,000	$0	$1,188	$0	$19,770	$0	$35,273	$0	$248,640	$0	$0	$0
DAVID G CAMPBELL
PROFESSOR OF BIOLOGY	$199,857	$0	$0	$0	$3,824	$0	$20,631	$0	$22,819	$0	$247,131	$0	$0	$0
JOHN KALKBRENNER
AVP OF AUXILIARY SERVICES	$203,098	$0	$0	$0	$1,250	$0	$20,836	$0	$21,914	$0	$247,098	$0	$0	$0
SARAH MOSCHENROSS
VP STUDENT AFFAIRS	$176,287	$0	$0	$0	$4,774	$0	$18,583	$0	$29,588	$0	$229,232	$0	$0	$0
KELLY SANDQUIST
DIRECTOR OF INVESTMENT OPERATIONS	$160,250	$0	$43,876	$0	$196	$0	$20,438	$0	$2,245	$0	$227,005	$0	$0	$0
KEITH ARCHER
VP FINANCE AND TREASURER	$189,468	$0	$0	$0	$1,472	$0	$19,242	$0	$13,189	$0	$223,371	$0	$0	$0
SCHVALLA RIVERA
VP DIVERSITY & INCLUSION	$173,193	$0	$0	$0	$273	$0	$17,477	$0	$9,559	$0	$200,502	$0	$0	$0
JANA GRIMES
VP OF HUMAN RESOURCES	$148,187	$0	$0	$0	$11,390	$0	$15,000	$0	$8,277	$0	$182,854	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 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 ARE TAXABLE INCOME.
PART I, LINE 4A	DEBRA LUKEHART RECEIVED SEVERANCE PAY TOTALING $17,218, PER HER SEVERANCE AGREEMENT.
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.
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	$1,340,000	$60,381,280	$13,196	$366,752	$60,001,332	2014	0	Yes (1)	Yes (1)	Yes (1)
B	$2,155,000	$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	0.00020	0.00000	0.00020	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: 10/31/2019 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 (3 entries)

Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt
$132,000	SCHOLARSHIPS & GRANTS	EDUCATION
$11,300	FELLOWSHIPS	EDUCATION
$375	PRIZES	EDUCATION

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JOHN ROMMEREIM
FAMILY MEMBER OF ANGELA VOOS, VP OF STRATEGIC PLANNING & CHIEF OF STAFF	$188,533	WAGES & BENEFITS	0
JULIE BAUMANN
FAMILY MEMBER OF JOSEPH BAGNOLI, VP OF ENROLLMENT	$112,824	WAGES & BENEFITS	0
GEORGEANNA ROBINSON
FAMILY MEMBER OF DAVID ROBINSON, CHIEF INFORMATION OFFICER	$60,995	WAGES & BENEFITS	0
CHRISTOPHER BAIR
FAMILY MEMBER OF MARGARET JONES BAIR, SECRETARY	$79,817	WAGES & BENEFITS	0
MICHAEL MACKENZIE
FAMILY MEMBER OF ANNE HARRIS, PRESIDENT	$117,281	WAGES & BENEFITS	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	15	ContributionCnt
Noncash Contributions Rpt F990	$359,973	NoncashContributionsRptF990Amt
Method Of Determining Revenues	INSURED VALUED	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$60	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUES	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	44	ContributionCnt
Noncash Contributions Rpt F990	$416,439	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE AVERAGE HIGH/LOW	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	6	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):	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 (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1: ORGANIZATION'S MISSION STATEMENT	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 2,092 RELATED TO FORM 1096 IS MADE UP OF 362 1099 FORMS AND 1,730 1098-T FORMS.
FORM 990, PART VI, SECTION A, LINE 1A	THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE OF THE BOARD WILL 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 BOARD CHAIR MAY, AFTER CONSULTATION WITH THE EXECUTIVE COMMITTEE, APPOINT CHAIRS OF AD HOC COMMITTEES TO SERVE ON THE EXECUTIVE COMMITTEE FOR THE DURATION OF THEIR COMMITTEE CHARTER. THE BOARD CHAIR SHALL ACT AS CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE THE FOLLOWING: 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 AMEND, ALTER, OR REPEAL THE BYLAWS, AMEND THE ARTICLES OF INCORPORATION, APPROVE THE DISSOLUTION OR MERGER OF THE COLLEGE, 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 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. 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 MAY 2023 TRUSTEE MEETING. THE PUBLIC INSPECTION COPY OF 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. 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. KEY 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, 2023.
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 1,338,074. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 47,712. CHANGE IN ACCUMULATED POST RETIREMENT BENEFITS 4,054,276.

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	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	TRUSTEES OF GRINNELL COLLEGE	BusinessNameLine1Txt

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

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	TRUSTEES OF GRINNELL COLLEGE	C	$72,098	$27,595	1.00000	Yes (1)
CHARITABLE REMAINDER UNITRUSTS (2)
					TRUST	CA	TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (16)
					TRUST	IA	TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	IL	TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	AZ	TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	CO	TRUSTEES OF GRINNELL COLLEGE	T				0
POOLED INCOME FUND (1)
					TRUST	IA	TRUSTEES OF GRINNELL COLLEGE	T				0
CHARITABLE REMAINDER UNITRUSTS (1)
					TRUST	MD	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	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	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 (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST
R	$10,238,149	CASH TRANSFERRED
MARQUARDT 2019 CHARITABLE REMAINDER UNITRUST II
S	$138,854	CASH TRANSFERRED
POWESHIEK PETROLEUM CORPORATION
F	$51,000	CASH TRANSFERRED
C WILLIAM MAXEINER CHARITABLE REMAINDER UNITRUST OF 2003 FBO MARTHA ANN DI
S	$970,761	CASH TRANSFERRED