2023-05-04T14:16:45-05:00 2022-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2021-07-01 231365954 DICKINSON COLLEGE DICK 7172451943 PO BOX 1773 CARLISLE PA 170132896 DAVID S WALKER VP FIN & ADMIN/TREASURER 7172451943 2023-05-03 1 DAVID WALKER XXX-XX-XXXX CRAIG KLEIN P00734640 6177610600 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOHN E JONES III PO BOX 1773 CARLISLE PA 170132896 335912376 0 X WWW.DICKINSON.EDU X 1783 PA DICKINSON COLLEGE, FOUNDED IN 1783, IS A HIGHLY SELECTIVE, PRIVATE RESIDENTIAL LIBERAL (CONTINUED) ARTS COLLEGE KNOWN FOR ITS INNOVATIVE CURRICULUM. FOR MORE THAN TWO CENTURIES, DICKINSON HAS EMBRACED THE VISION OF AN EVER-EVOLVING EDUCATION, AN EDUCATION THAT PREPARES RISING GENERATIONS FOR SUCCESSFUL, ACTIVE, INFORMED LIVES AS GLOBAL LEADERS.DICKINSON CONTINUES TO SEEK NEW WAYS TO STRENGTHEN THE INDIVIDUALIZED, INTERDISCIPLINARY EDUCATION IT PROVIDES WHILE CONTINUING TO PREPARE SCHOLARS WITH INTELLECTUAL AGILITY, ETHICAL GROUNDING, INTERCULTURAL UNDERSTANDING AND THE SKILLS TO WORK TOWARD A JUST AND SUSTAINABLE WORLD. PLEASE REFER TO PART III, LINE 4 FOR A DETAILED DESCRIPTION OF THE COLLEGE'S PROGRAM SERVICE ACCOMPLISHMENTS. 38 38 2030 2020 733764 0 20775177 30971206 115253681 158203944 48205936 52626572 604452 3777096 184839246 245578818 56716437 70524573 0 0 70785734 73847512 65100 36000 5128779 39512474 48043500 167079745 192451585 17759501 53127233 866389755 875521974 154554142 162201384 711835613 713320590 X DICKINSON COLLEGE PROVIDES A USEFUL, INNOVATIVE AND INTERDISCIPLINARY EDUCATION IN THE LIBERAL ARTS AND SCIENCES TO PREPARE STUDENTS TO LEAD RICH AND FULFILLING LIVES OF ENGAGED GLOBAL CITIZENSHIP. 0 0 143514739 69432496 123528570 EDUCATING STUDENTS - DICKINSON COLLEGE IS COMMITTED TO MAKING A TOP-TIER EDUCATION IN THE LIBERAL ARTS AND SCIENCES ACCESSIBLE REGARDLESS OF FAMILIES' ECONOMIC MEANS. ALL ADMITTED STUDENTS FROM THE MOST RECENT ENTERING CLASS, WHO DEMONSTRATED FINANCIAL NEED AND WHO MET APPLICATION DEADLINES, WERE OFFERED AID. IN 2021-22, DICKINSON STUDENTS RECEIVED AN ESTIMATED $84,954,255 IN FINANCIAL AID, OF WHICH $72,955,868 WAS PROVIDED FROM THE COLLEGE'S FUNDS. STATE AND FEDERAL AID PROGRAMS, PARENT LOANS AND OTHER OUTSIDE SOURCES PROVIDED THE REMAINING FUNDS. CONTINUED ON SCHEDULE OIN FALL 2021, THE COLLEGE EMPLOYED 228 FULL-TIME EQUIVALENT FACULTY. 92% OF FULL-TIME FACULTY MEMBERS HOLD A DOCTORATE OR OTHER TERMINAL DEGREE. OF THIS GROUP, FULL PROFESSORS COMPRISED 26%, ASSOCIATE PROFESSORS 38%, ASSISTANT PROFESSORS 28%, AND INSTRUCTORS 8%. THE STUDENT-TO-FACULTY RATIO FOR FALL 2021 WAS 9:1. TO SUPPORT ITS ACADEMIC, STUDENT LIFE AND AUXILIARY PROGRAMS, THE COLLEGE ALSO EMPLOYS 282 PROFESSIONAL ADMINISTRATIVE STAFF PERSONNEL (ALL FT) AND 313 SUPPORT STAFF PERSONNEL (269 FT; 44 PT). DICKINSON CONTINUES TO RECEIVE FAVORABLE AND FREQUENT MEDIA ATTENTION AND ATTRACT GREATER LEVELS OF STUDENT INTEREST EACH YEAR. AS THE NUMBER OF APPLICATIONS AND THE QUALITY AND DIVERSITY OF RECENT ENTERING CLASSES DEMONSTRATE, DICKINSON HAS A SECURE NATIONAL AND INTERNATIONAL REPUTATION AS A TOP QUALITY LIBERAL ARTS COLLEGE. THE INCREASED LEVEL OF INTEREST THE COLLEGE HAS SEEN IN RECENT YEARS PUTS THE COLLEGE IN A GOOD POSITION TO CONTINUE TO ANALYZE AND BETTER UNDERSTAND THE PROFILE OF STUDENTS WHO ENROLL AND REMAIN AT DICKINSON IN ORDER TO IMPROVE SELECTIVITY, YIELD AND RETENTION.2,173 STUDENTS WERE ENROLLED FOR FALL 2021, INCLUDING 107 STUDENTS STUDYING OFF-CAMPUS AT THE COLLEGE'S CENTERS IN THE U.S. AND ABROAD. FOR FALL 2021, STUDENTS CAME FROM 43 U.S. STATES AND TERRITORIES AND 46 FOREIGN COUNTRIES. THE OFFICE OF ADMISSIONS ADMITTED 3,061 FIRST-YEAR STUDENTS REFLECTING AN ACCEPTANCE RATE OF 48%. FIRST-YEAR ENROLLMENT FIGURES REFLECT THE COLLEGE'S ONGOING COMMITMENT TO ACADEMIC QUALITY (48% RANKED TOP 10% OF CLASS) AND DIVERSITY (33% STUDENTS OF COLOR AND INTERNATIONAL STUDENTS). THE 1-YEAR RETENTION RATE WAS 89%, AND APPROXIMATELY 83% OF ENTERING FIRST-YEAR STUDENTS GRADUATE WITHIN FIVE YEARS. DICKINSON STUDENTS MAY SELECT EITHER OF TWO BROAD DEGREE ORIENTATIONS WITHIN THE CURRICULUM: THE BACHELOR OF ARTS OR THE BACHELOR OF SCIENCE DEGREE. GENERAL EDUCATION REQUIREMENTS ARE THE SAME IN EITHER CASE; ONLY STUDENTS WITH THE CONCENTRATION IN ONE OF THE NATURAL OR MATHEMATICAL SCIENCES MAY BE CANDIDATES FOR THE BACHELOR OF SCIENCE DEGREE.COURSES ARE OFFERED IN TWO SEMESTERS, EACH COMPRISING 14 WEEKS OF CLASSES FOLLOWED BY FINAL EXAMINATIONS. THE FALL SEMESTER BEGINS IN LATE AUGUST AND CONCLUDES IN DECEMBER. STUDENTS HAVE A READING PERIOD AT THE END OF CLASSES IN WHICH TO PREPARE FOR THE FINAL EXAMINATIONS AND PAPERS WHICH ARE SCHEDULED DURING THE SUBSEQUENT WEEK. SPRING SEMESTER BEGINS NEAR THE END OF JANUARY AND RUNS THROUGH MID-MAY, FOLLOWING THE SAME PATTERN OF CLASSES AND EXAMINATIONS AS THE FALL SEMESTER. SEEKING A BALANCE BETWEEN THE FULL BREADTH OF LIBERAL LEARNING AND DEPTH REPRESENTED BY ONE DISCIPLINED APPROACH TO KNOWLEDGE, EACH DICKINSON STUDENT IS REQUIRED TO TAKE A MINIMUM OF 32 COURSES, COMPLETE A SERIES OF ALL-COLLEGE REQUIREMENTS, AND SELECT A MAJOR CONCENTRATION. GENERAL REQUIREMENTS FOR THE DEGREE INCLUDE A FIRST-YEAR SEMINAR, ONE "WRITING IN THE DISCIPLINE" COURSE AND ONE "QUANTITATIVE REASONING" COURSE. ADDITIONAL REQUIREMENTS FOR GRADUATION INCLUDE DISTRIBUTION COURSES (AT LEAST ONE COURSE IN THE ARTS, HUMANITIES, SOCIAL SCIENCES AND LABORATORY SCIENCE), CROSS-CULTURAL STUDIES (COURSES IN FOREIGN LANGUAGES, U.S. DIVERSITY AND GLOBAL DIVERSITY), AND ONE COURSE IN SUSTAINABILITY.DICKINSON OFFERS A RICH CURRICULUM, INCLUDING THE EXPLORATION OF NEW FIELDS OF STUDY (RECENT INTRODUCTION OF A MAJOR IN DATA ANALYTICS AND A MINOR IN ETHICS ARE EXAMPLES).IN ADDITION TO CONTINUED LEADERSHIP IN SUSTAINABILITY AND GLOBAL ENDEAVORS, DICKINSON HAS ESTABLISHED AN EMERGING POSITION OF LEADERSHIP IN CIVIC ENGAGEMENT. DICKINSON WAS THE FIRST LIBERAL ARTS COLLEGE TO JOIN THE ENGAGEMENT SCHOLARSHIP CONSORTIUM, AN INTERNATIONAL ASSOCIATION ADVANCING THE ROLE OF COMMUNITY-ENGAGED SCHOLARSHIP IN HIGHER EDUCATION. DICKINSON IS ALSO A LONG-TIME MEMBER OF CAMPUS COMPACT, A GROUP OF LIBERAL ARTS COLLEGES INVOLVED IN CIVIC ENGAGEMENT. IN 2020, DICKINSON WAS AWARDED ITS FIRST EVER CARNEGIE ENGAGEMENT CLASSIFICATION, JOINING 358 OTHER INSTITUTIONS HOLDING THIS ELECTIVE CLASSIFICATION. DICKINSON'S HOUSE DIVIDED PROJECT, WHICH FOCUSES ON CIVIL WAR ERA HISTORY, HAS HAD SEVERAL RECENT ACCOMPLISHMENTS INCLUDING THE ESTABLISHMENT OF A DICKINSON & SLAVERY WALKING TOUR; A SUMMER PROGRAM FOR HIGH SCHOOL STUDENTS FROM UNDERREPRESENTED POPULATION MADE POSSIBLE BY A KNOWLEDGE FOR FREEDOM GRANT FROM THE TEAGLE FOUNDATION; AND LEADING AN INITIATIVE TO RENAME LOCATIONS ON CAMPUS TO HONOR AFRICAN AMERICANS WHO PLAYED A ROLE IN THE COLLEGE'S HISTORY.AS OF THE FALL 2021 SEMESTER, DICKINSON MATRICULATED ITS FIRST STUDENTS IN THE MANAGING COMPLEX DISASTERS GRADUATE PROGRAM. THIS PROGRAM OFFERS A MASTER OF ARTS DEGREE IN MANAGING COMPLEX DISASTERS AND THREE RELATED CERTIFICATES. STUDENTS PURSUING THE MASTER'S DEGREE COMPLETED THREE CORE COURSES (A SURVEY COURSE, A METHODS COURSE, AND THE CAPSTONE SEMINAR) ALONG WITH SEVEN ELECTIVES. EACH CERTIFICATE REQUIRES STUDENTS TO COMPLETE THE SURVEY COURSE, ONE CORE COURSE RELATED TO THE CERTIFICATE'S FOCUS, AND TWO ELECTIVES. THE GRADUATE PROGRAM FOLLOWS THE SAME ACADEMIC CALENDAR AS THE UNDERGRADUATE PROGRAM, IN ADDITION TO A NINE-WEEK SUMMER TERM. 24836006 1092077 36093250 AUXILIARY SERVICES - AUXILIARY SERVICES PROVIDED BY THE COLLEGE INCLUDE HOUSING AND DINING SERVICES, CAMPUS STORES, AND OTHER SERVICES PROVIDED TO SUPPORT STUDENTS AND EMPLOYEES. 168350745 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 X 2957 0 1 2030 1 1 1 1 AR CM FR GM IT SP UK 0 0 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO MA MD MI NH PA WA X X DAVID S WALKER VP FIN & ADMIN 7172451943 230 WEST LOUTHER STREET CARLISLE PA 17013 NEIL B WEISSMAN PROVOST AND DEAN 40.00 X 324801 0 29727 KENNETH E SHULTES AVP SUSTAIN/FAC PLANNING 40.00 X 196439 0 50369 CARLO S ROBUSTELLI VP ADVANCEMENT 40.00 X 215218 0 18785 MELISSA A TORRES PRES/CEO FORUM ON EDUC ABROAD 40.00 X 210561 0 17144 MARGARET M ENSIGN FORMER PRESIDENT 40.00 X 206622 0 15501 JOHN E JONES III PRESIDENT 40.00 X 199434 0 21180 BRONTE D BURLEIGH-JONES VP FIN & ADMIN AND TRS. THROUGH 9/30/21 40.00 X 205458 0 7826 GEORGE H STROUD VP STUDENT LIFE & DEAN OF STUDENTS 40.00 X 172216 0 28590 CONSTANCE MCNAMARA JEFFREY VP MARKETING AND COMMUNICATIONS 40.00 X 162519 0 36938 KRISTEN KOSTECKY AVP CAMPUS OPS 40.00 X 185057 0 13423 KENDALL D ISAAC VP GENERAL COUNSEL & ASST TO PRES 40.00 X 173594 0 16751 BRENDA K BRETZ FORMER ASST. SECRETARY 40.00 X 161847 0 24382 KAREN NEELY FARYNIAK CHIEF OF STAFF AND SECRETARY 40.00 X 155837 0 24642 SEAN M WITTE AVP FINANCE AND ASST TREASURER 40.00 X 174268 0 5679 JOHN H HENSON PROFESSOR 40.00 X 152268 0 22439 ELEANOR MITCHELL DIRECTOR LIBRARY SERVICES 40.00 X 159115 0 13419 JILL M FORRESTER CIO/VP INF SYSTEMS 40.00 X 155149 0 15124 ANNETTE S PARKER VP FIN & ADMIN & TREAS EFF 10/1/21 40.00 X 70856 0 8694 JENNIFER R LOVE ASST CHF STAFF & ASST SECRETARY 40.00 X 53543 0 17490 JOANNE A ADEBAYO TRUSTEE 2.00 X 426 0 0 DOUGLAS J PAULS TRUSTEE/CHAIR 10.00 X X 0 0 0 RUTH A FERGUSON TRUSTEE/VICE CHAIR 6.00 X X 0 0 0 NEAL B ABRAHAM TRUSTEE 2.00 X 0 0 0 PETER J ANDERSON TRUSTEE 2.00 X 0 0 0 MICHAEL A BLOOM TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 GRETCHEN E BRIGDEN TRUSTEE 2.00 X 0 0 0 MARK S BURGESS TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 VALERIE E CARRANZA TRUSTEE 2.00 X 0 0 0 LAURA I COLONY TRUSTEE 2.00 X 0 0 0 ERIC DENKER TRUSTEE 2.00 X 0 0 0 JOHN B FRISCH TRUSTEE 2.00 X 0 0 0 IAN GENAO TRUSTEE 2.00 X 0 0 0 GEORGE V HAGER JR TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 CAROL CAMPBELL HAISLIP TRUSTEE 2.00 X 0 0 0 FRANK E JAMES III TRUSTEE 2.00 X 0 0 0 JULIE I JOHNSON TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 THOMAS L KALARIS TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 BRIAN E KAMOIE TRUSTEE 2.00 X 0 0 0 MARK I LEHMAN TRUSTEE 2.00 X 0 0 0 ALBERT H MASLAND TRUSTEE 2.00 X 0 0 0 STUART I MATHEWS TRUSTEE 2.00 X 0 0 0 SUSAN M MILLER TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 WILLIAM L MUELLER TRUSTEE 2.00 X 0 0 0 AMY L NAUIOKAS TRUSTEE 2.00 X 0 0 0 DARRELL I PACHECO TRUSTEE 2.00 X 0 0 0 YOUNG K PARK TRUSTEE 2.00 X 0 0 0 JENNIFER WARD REYNOLDS TRUSTEE 2.00 X 0 0 0 RF RICK SHANGRAW JR TRUSTEE 2.00 X 0 0 0 VINCENT VINCE SHEEHY IV TRUSTEE 2.00 X 0 0 0 LISA E SHERMAN TRUSTEE 2.00 X 0 0 0 CHARLES H SILVERMAN TRUSTEE 2.00 X 0 0 0 STEPHEN M SMITH TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 SYLVIA J SMITH TRUSTEE 2.00 X 0 0 0 MARJORIE A SPEERS TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 BERNADETTE M STOUT TRUSTEE 2.00 X 0 0 0 ROBERT T SYMINGTON TRUSTEE/COMMITTEE CHAIR 4.00 X 0 0 0 CRAIG C WEEKS TRUSTEE 2.00 X 0 0 0 3335228 0 388103 73 1 1 0 CENTURION CONSTRUCTION GROUP LLC 516 INDUSTRIAL DRIVE LEWISBERRY PA 17339 CONSTRUCTION 578163 CET ACADEMIC PROGRAMS 1155 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 STUDY ABROAD PROGRAMS 397396 FONDEN DIS VESTERGADE 7 1456 K.BENHVN K DA STUDY ABROAD PROGRAMS 319930 CALDWELL & GREGORY LLC 129 BROAD STREET ROAD SUITE A MANAKIN SABOT VA 23103 LAUNDRY 252000 SIEMENS INDUSTRY INC 5095 RITTER ROAD MECHANICSBURG PA 17055 TECHNOLOGY 223388 17 104955 3729664 27136587 2038965 30971206 TUITION AND FEES 900099 121524348 121524348 ROOM AND BOARD 721310 31872836 31872836 OTHER AUXILIARY SERVIC 721000 4306300 4220413 74143 11744 OTHER STUDENT FEES 900099 425713 425713 PROGRAM-RELATED INVEST 523000 74747 74747 158203944 2655453 659621 1995832 -15883 -15883 140062259 258301 90178237 155321 49884022 102980 49987002 49987002 GAIN ON EXTING OF DEBT 900099 2273333 2273333 OTHER REVENUES 900099 1503763 1503763 3777096 245578818 159621820 733764 54252028 91500 91500 67979257 67979257 2453816 2453816 2540734 2305002 235732 50963674 42898266 5457839 2607569 2770408 2273403 349056 147949 13834826 11345911 1823395 665520 3737870 3008162 529594 200114 293117 293117 182569 182569 36000 36000 2801954 2801954 2647968 2183526 328997 135445 269990 62316 206526 1148 4192721 3470249 456383 266089 1813430 132489 1660914 20027 7040876 5585437 1382721 72718 1802204 1459564 175103 167537 556210 505995 21769 28446 4517164 4517164 9989590 9649327 238214 102049 933457 583484 343802 6171 FOOD AND ENTERTAINMENT 4468073 4014480 59922 393671 TUITION 2569206 2569206 0 0 REPAIRS AND MAINTENANCE 1329579 1285135 44364 80 BOOKSTORE 584068 584068 0 0 2051324 1697990 310820 42514 192451585 168350745 18972061 5128779 41900 39137 18959492 15545332 23095110 33886131 3164543 4266827 0 0 0 0 500158 459009 1238136 1424787 1255436 1559285 377809456 187456925 195267471 190352531 64333747 71074106 546332424 530736796 6410315 6443451 0 0 5791023 19734582 866389755 875521974 15843897 15645819 0 0 3764684 3947216 125185007 134002023 3360099 3475146 0 0 0 0 913267 774279 5487188 4356901 154554142 162201384 X 428254069 432943373 283581544 280377217 711835613 713320590 866389755 875521974 53127233 -51642256 0 X 0 1 X 1 1 1 X 17028258 9308116 14046918 20775177 30971206 92129675 0 0 0 0 0 0 0 0 0 0 17028258 9308116 14046918 20775177 30971206 92129675 21030869 71098806 1357052 1533598 1439199 1275758 1215287 6820894 0 0 0 0 535077 535077 1025396 1269639 490691 604452 2273333 5663511 105149157 751837691 0.67620 0.74590 X PART II, LINE 10 OTHER INCOME OTHER INCOME: 2017 $1,025,396 2018 $1,269,639 2019 $ 490,691 2020 $ 604,452 2021 $ 0 TOTAL $3,390,178 GAIN ON EXTING OF DEBT: 2021 $2,273,333 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: THE COLLEGE DOES NOT DIRECTLY ENGAGE IN LOBBYING ACTIVITY. HOWEVER, A PORTION OF THE DUES PAID TO PROFESSIONAL ORGANIZATIONS MAY BE USED FOR LOBBYING ON BEHALF OF MEMBER INSTITUTIONS. 17797 3130503 X X X 0 0 1 X 629974955 20155176 -2021593 9052007 10648083 3152293 625256155 472755529 3919138 174755606 8454819 10049093 2951406 629974955 482115376 3038827 8241959 8016104 9790049 2834480 472755529 467544916 3516520 30923105 7682448 9460248 2726469 482115376 441394962 9531079 35924152 7255295 9389043 2660939 467544916 0.56373 0.22544 0.21083 1 1 1 5894107 11406495 17300602 317389661 159168230 158221431 1452098 854873 597225 24190699 21518456 2672243 17476396 5915366 11561030 190352531 HEDGE FUNDS 209778164 F PRIVATE EQUITY FUNDS 272754224 F FUNDS HELD IN TRUSTS BY OTHERS 48204408 F 530736796 ANNUITIES PAYABLE 2754626 U.S. GOVERNMENT ADVANCES REFUNDABLE 1016612 OBLIGATIONS UNDER CAPITAL LEASES 585663 4356901 X 122476826 -51642256 -68657782 -120300038 242776864 2801954 2801954 245578818 120991849 709219 709219 120282630 2801954 69367001 72168955 192451585 PART III, LINE 4: THE EMIL R. WEISS CENTER FOR THE ARTS HOUSES THE TROUT GALLERY, WHICH IS USED FOR A VARIETY OF EXHIBITIONS, LECTURES, AND DEMONSTRATIONS RELATING TO THE COLLEGE'S FINE ARTS COLLECTION. THE TROUT GALLERY SERVES AS A CONTINUOUS DISPLAY OF ART EXHIBITS AND IS LOCATED IN SUCH AN AREA OF THE CAMPUS SO AS TO STIMULATE GENERAL STUDENT INTEREST AND BE A SERVICE TO THE HUMANITIES. PART IV, LINE 2B: FUNDS HELD IN CUSTODY FOR OTHERS INCLUDE FUNDS RECEIVED FROM OFFICIALLY RECOGNIZED STUDENT ORGANIZATIONS AND OTHER ORGANIZATIONS SPECIFICALLY APPROVED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. RELATED ASSETS ARE REPORTED ON FORM 990, PART X AND ARE ACCOUNTED FOR IN A MANNER CONSISTENT WITH THE COLLEGE'S REPORTING SYSTEM. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 970 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING FINANCIAL AID, FACULTY SALARIES AND BENEFITS, LIBRARY RESOURCES, BUILDING MAINTENANCE, STUDENT LOANS AND OTHER PROGRAMMATIC SUPPORT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF FUNDS WITH DONOR RESTRICTION THAT THE COLLEGE MUST HOLD IN PERPETUITY OR FOR A DONOR SPECIFIED PERIOD, AS WELL AS BOARD DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE ENDOWMENT SPENDING RATE PLUS INFLATION, DEFINED AS THE CONSUMER PRICE INDEX PLUS 1%, WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. IN FY'22, SPENDING FROM THE ENDOWMENT PROVIDED APPROXIMATELY 16.2% OR $18.6 MILLION OF DICKINSON'S OPERATING BUDGET REVENUES, WITH ANOTHER $4.1 MILLION GOING TO RESTRICTED FUNDS. THE POOLED ENDOWMENT POSTED RETURNS OF -0.3% FOR THE FISCAL YEAR ENDED JUNE 30, 2022 AND HAS AVERAGED ANNUAL RETURNS OF 9.8% OVER THE PAST DECADE. DICKINSON'S LONG-TERM RETURNS REGULARLY PLACE THE COLLEGE AT OR NEAR THE TOP DECILE OF PEER PERFORMANCE ACCORDING TO THE NACUBO-TIAA STUDY OF ENDOWMENTS. PART X, LINE 2: THE COLLEGE HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISIONS FOR INCOME TAXES HAVE BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2022 OR 2021. THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID OFFSETTING REVENUES IN CONSOLIDATED FINANCIAL STATEMENTS -69,367,001. L'ASSOCIATION DICKINSON EN FRANCE STUDY ABROAD PROGRAM 709,219. PART XII, LINE 2D - OTHER ADJUSTMENTS: L'ASSOCIATION DICKINSON EN FRANCE STUDY ABROAD PROGRAM 709,219. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID INCLUDED WITH GRANTS ON FORM 990 69,367,001. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE'S POLICY ON NONDISCRIMINATION IS INCLUDED IN ALL PRINTED SOLICITATION MATERIALS AND A LINK TO THE POLICY IS INCLUDED IN THE FOOTER OF EACH PAGE OF ITS WEBSITE. ADDITIONALLY, THE COLLEGE'S COMMITMENT TO INCLUSIVITY IS HIGHLIGHTED ON THE MAIN PAGE OF ITS WEBSITE WITH A LINK TO THE POLICY. SCHEDULE E, PART I, LINE 6 BEYOND THE NUMEROUS INDIVIDUAL RESEARCH GRANTS AWARDED TO OUR FACULTY, DICKINSON COLLEGE HAS RECEIVED SEVERAL NATIONALLY COMPETITIVE INSTITUTIONAL AWARDS IN RECENT YEARS. THESE GRANTS ARE SIGNIFICANT NOT ONLY BECAUSE OF THE FUNDING THEY PROVIDE TO SUPPORT PEDAGOGICAL INNOVATION AND NEW PROGRAM INITIATIVES, BUT ALSO BECAUSE THEY PROVIDE EXTERNAL VALIDATION FOR THE EXCELLENCE OF OUR ACADEMIC ENTERPRISE. THEY REFLECT THE COLLEGE'S STRATEGIC VISION OF AN ACADEMIC CURRICULUM THAT COMBINES A STRONG COMMITMENT TO THE BEST TRADITIONS OF THE LIBERAL ARTS WITH A DESIRE TO INNOVATE AND INTRODUCE PROGRAMMING THAT SPEAKS TO CONTEMPORARY CONCERNS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 47850 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 25175 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 55756744 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 31957 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 21850 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH AND DEVELOPMENT 6310 EUROPE (INCLUDING ICELAND & GREENLAND) 4 12 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 2432257 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 2176268 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RESEARCH AND DEVELOPMENT 28285 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM RELATED INVESTING 532754 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAMS 151600 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT MAKING 139094 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAM 18594 SOUTH AMERICA 1 2 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAM 71329 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH AND DEVELOPMENT 4663 SOUTH ASIA 0 0 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAM 25950 SOUTH ASIA 0 0 GRANT MAKING 30855 SUB-SAHARAN AFRICA 1 1 PROGRAM SERVICES GLOBAL STUDY ABROAD PROGRAM 39537 SUB-SAHARAN AFRICA 0 0 GRANT MAKING 60574 4 13 2 4 6 17 60498411 1103235 61601646 EUROPE (INCLUDING ICELAND AND GREENLAND) DONOR FUNDED ENVIRONMENTAL ACTIVISM PRIZE 100000 WIRE TRANSFER 0 1 0 INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD EAST ASIA AND THE PACIFIC 1 21850 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD CENTRAL AMERICA AND THE CARIBBEAN 2 25175 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD EUROPE (INCLUDING ICELAND & GREENLAND) 108 2076268 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD MIDDLE EAST AND NORTH AFRICA 7 139094 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD SOUTH ASIA 1 30855 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS STUDYING ABROAD SUB-SAHARAN AFRICA 2 60574 NON-CASH CREDIT TO STUDENT ACCOUNTS OTHER 1 0 1 1 1 0 PART I, LINE 2: THE COLLEGE'S INSTITUTIONAL METHODOLOGY USED TO DETERMINE ELIGIBILITY FOR GRANT FUNDS IS OUTLINED IN SCHEDULE I, PART IV. GRANT FUNDS PROVIDED TO INDIVIDUALS OUTSIDE OF THE UNITED STATES INCLUDE FINANCIAL AID AWARDS FOR STUDENTS STUDYING ABROAD. PART III ACCOUNTING METHOD: X X X X X X 1 LANGLEY INNOVATIONS LLC 3719 SPRIGG STREET NORTH FREDERICK MD 21704 CONSULTING 0 0 36000 -36000 36000 -36000 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 BOROUGH OF CARLISLE 53 WEST SOUTH STREET CARLISLE PA 17013 236002842 GOVERNMENT 50000 0 PAYMENT IN LIEU OF TAXES DOWNTOWN CARLISLE ASSOCIATION 53 WEST SOUTH STREET CARLISLE PA 17013 232224862 501(C)(3) 40500 0 GENERAL SUPPORT 2 0 INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS 1747 66783905 OTHER NON-CASH CREDIT TO STUDENT ACCOUNTS HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) GRANTS TO STUDENTS 210 1170243 ACADEMIC AWARDS AND FELLOWSHIPS FOR STUDENTS 78 25109 PART I, LINE 2: DURING 2021-22, 86% OF THE TOTAL DICKINSON STUDENT BODY RECEIVED FINANCIAL AID FROM THE COLLEGE. SINCE MOST OF THE COLLEGE'S GRANT AWARDS ARE MADE TO STUDENTS WITH DEMONSTRATED FINANCIAL NEED, THE MAJORITY OF THESE FUNDS SUPPLEMENTED THE CONTRIBUTION THAT ELIGIBLE FAMILIES MADE TOWARD TUITION, FEES, ROOM AND BOARD CHARGES. THE COLLEGE'S INSTITUTIONAL METHODOLOGY USED TO DETERMINE ELIGIBILITY FOR GRANT FUNDS CONSIDERS ADDITIONAL FACTORS BEYOND THE DATA ITEMS REQUESTED ON THE FAFSA. THESE INCLUDE (BUT ARE NOT LIMITED TO) HOME EQUITY, A CONTRIBUTION FROM THE NONCUSTODIAL PARENT, AND IN THE CASE OF A FAMILY WITH MORE THAN ONE STUDENT IN COLLEGE, AN EVALUATION OF THE ACTUAL COSTS INVOLVED IN SUPPORTING THE OTHER STUDENT(S). PARENTS IN COLLEGE AND SIBLINGS IN GRADUATE SCHOOL ARE NOT NORMALLY COUNTED AS OTHER FAMILY MEMBERS IN COLLEGE. DICKINSON EXPECTS EACH FINANCIAL AID RECIPIENT TO WORK DURING THE SUMMER AND CONTRIBUTE A MINIMUM OF $2,000 TOWARD COLLEGE COSTS. STUDENTS ARE ALSO EXPECTED TO CONTRIBUTE A PORTION OF THEIR ASSETS EACH YEAR FOR EDUCATIONAL EXPENSES. SOME STUDENTS RECEIVE EDUCATIONAL BENEFITS FROM GOVERNMENTAL AGENCIES SUCH AS THE VETERANS' ADMINISTRATION AND STATE BUREAUS OF VOCATIONAL REHABILITATION OR FROM PARENTS' EMPLOYERS IN THE FORM OF TUITION REMISSION. SUCH BENEFITS MUST BE TAKEN INTO CONSIDERATION WHEN DETERMINING THE FINANCIAL AID PACKAGE. THE FINANCIAL AID AWARD NOTICE WILL LIST ALL THE FINANCIAL AID PROGRAMS FOR WHICH THE STUDENT IS ELIGIBLE. THE AMOUNT OF FINANCIAL AID THAT THE STUDENT RECEIVES FROM THESE PROGRAMS DEPENDS ON THE STUDENT'S COMPUTED NEED. THE AMOUNT OF DICKINSON GRANT AND SCHOLARSHIP AID MAY ALSO BE INFLUENCED BY THE ACADEMIC ACHIEVEMENT AND PROMISE OF THE APPLICANT. STUDENTS' FINANCIAL NEED IS RECALCULATED FOR EACH YEAR OF ATTENDANCE; AS A RESULT, AWARDED AMOUNTS OF NEED-BASED AID MAY VARY AS NEED CHANGES. THE COLLEGE ATTEMPTS TO MAINTAIN APPROXIMATELY THE SAME AMOUNT OF DICKINSON GRANT FUNDS FROM YEAR TO YEAR UNLESS NEED CHANGES SIGNIFICANTLY. THE STUDENT IS REQUIRED TO SUBMIT A PROFILE APPLICATION IF, AS A RESULT OF A SIGNIFICANT CHANGE IN FAMILY CIRCUMSTANCES, ADDITIONAL ASSISTANCE IS BEING REQUESTED. SCHEDULE I, PART III GRANTS AND ASSISTANCE ARE APPLIED TO STUDENT ACCOUNTS AFTER THE START OF EACH SEMESTER OR TERM. DOMESTIC GRANTS AND ASSISTANCE TO INDIVIDUALS REPORTED ON SCHEDULE I INCLUDE FINANCIAL AID PROVIDED TO STUDENTS STUDYING AT THE MAIN CAMPUS IN CARLISLE OR AT OTHER DOMESTIC PROGRAM LOCATIONS. FOREIGN GRANTS AND ASSISTANCE TO INDIVIDUALS REPORTED ON SCHEDULE F INCLUDE FINANCIAL AID PROVIDED TO STUDENTS STUDYING ABROAD. THE COLLEGE RECEIVED FEDERAL ASSISTANCE THROUGH THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF). THE HEERF GRANTS TO STUDENTS REPORTED IN PART III REPRESENT EMERGENCY RELIEF GRANTS RELATED TO THE COVID-19 OUTBREAK. X X X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 NEIL B WEISSMAN PROVOST AND DEAN 295523 0 0 0 29278 0 7337 0 22390 0 354528 0 0 0 KENNETH E SHULTES AVP SUSTAIN/FAC PLANNING 194902 0 0 0 1537 0 4433 0 45936 0 246808 0 0 0 CARLO S ROBUSTELLI VP ADVANCEMENT 207066 0 0 0 8152 0 4461 0 14324 0 234003 0 0 0 MELISSA A TORRES PRES/CEO FORUM ON EDUC ABROAD 209528 0 0 0 1033 0 4764 0 12380 0 227705 0 0 0 MARGARET M ENSIGN FORMER PRESIDENT 201337 0 0 0 5285 0 130 0 15371 0 222123 0 0 0 JOHN E JONES III PRESIDENT 186805 0 0 0 12629 0 9075 0 12105 0 220614 0 0 0 BRONTE D BURLEIGH-JONES VP FIN & ADMIN AND TRS. THROUGH 9/30 204424 0 0 0 1034 0 195 0 7631 0 213284 0 0 0 GEORGE H STROUD VP STUDENT LIFE & DEAN OF STUDENTS 171350 0 0 0 866 0 4237 0 24353 0 200806 0 0 0 CONSTANCE MCNAMARA JEFFREY VP MARKETING AND COMMUNICATIONS 161048 0 0 0 1471 0 3892 0 33046 0 199457 0 0 0 KRISTEN KOSTECKY AVP CAMPUS OPS 183401 0 0 0 1656 0 4109 0 9314 0 198480 0 0 0 KENDALL D ISAAC VP GENERAL COUNSEL & ASST TO PRES 166056 0 0 0 7538 0 1019 0 15732 0 190345 0 0 0 BRENDA K BRETZ FORMER ASST. SECRETARY 158295 0 0 0 3552 0 3889 0 20493 0 186229 0 0 0 KAREN NEELY FARYNIAK CHIEF OF STAFF AND SECRETARY 153590 0 0 0 2247 0 3794 0 20848 0 180479 0 0 0 SEAN M WITTE AVP FINANCE AND ASST TREASURER 173420 0 0 0 848 0 3863 0 1816 0 179947 0 0 0 JOHN H HENSON PROFESSOR 149552 0 0 0 2716 0 2982 0 19457 0 174707 0 0 0 ELEANOR MITCHELL DIRECTOR LIBRARY SERVICES 154517 0 0 0 4598 0 3525 0 9894 0 172534 0 0 0 JILL M FORRESTER CIO/VP INF SYSTEMS 154410 0 0 0 739 0 3445 0 11679 0 170273 0 0 0 PART I, LINE 1A IN ACCORDANCE WITH THE COLLEGE'S TRAVEL POLICY, AN EXCEPTION TO STANDARD FARE AIR TRAVEL EXISTS FOR INTERNATIONAL TRAVEL WITH AIRTIME OVER SIX HOURS WITH PRIOR APPROVAL. THE PRESIDENT'S SPOUSE SERVES AS AN AMBASSADOR FOR THE COLLEGE AND FULFILLS A KEY ROLE BY PARTICIPATING IN COLLEGE ADVANCEMENT AND FUNDRAISING EFFORTS. TRAVEL RELATED TO THIS FUNCTION WAS REIMBURSED IN ACCORDANCE WITH THE COLLEGE'S WRITTEN PROCUREMENT GUIDELINES. HOWEVER, THE COLLEGE HAS TAKEN A CONSERVATIVE APPROACH BY REPORTING ALL SPOUSAL TRAVEL AS TAXABLE INCOME AND PROVIDING A GROSS-UP PAYMENT TO THE PRESIDENT TO COVER THE TAX EFFECTS OF THE ADDITIONAL REPORTABLE COMPENSATION. COLLEGE OWNED HOUSING IS PROVIDED TO THE PRESIDENT AS A CONDITION OF EMPLOYMENT. THE PRESIDENT'S HOUSE MANAGER IS RESPONSIBLE FOR KEEPING THE HOUSE SECURE, WELL-MAINTAINED, AND PHYSICALLY AND AESTHETICALLY COMFORTABLE FOR THE RESIDENTS AND VISITORS. THIS PART-TIME POSITION IS ALSO RESPONSIBLE FOR SUPERVISING HOUSEKEEPERS, PROJECT CREWS, CATERING CREWS, OUTSIDE VENDORS PERFORMING WORK ON THE PROPERTY AND IN THE HOUSE, AND HOME REPAIR AND IMPROVEMENT CREWS. THE FAIR VALUE OF HOUSING AND RELATED SERVICES ARE REPORTED IN COLUMN (D) AS NONTAXABLE COMPENSATION IN PART II FOR THE PRESIDENT. ON OCCASION, PERSONAL MEALS WERE PREPARED FOR THE FORMER PRESIDENT BY DINING SERVICES. THESE MEALS WERE CONSIDERED TAXABLE COMPENSATION AND ARE REPORTED IN COLUMN (B) AS TAXABLE COMPENSATION IN PART II. PART I, LINE 7 ONE TRUSTEE OF THE COLLEGE RECEIVED AN HONORARIUM AND TRAVEL RELATED TO A SPEAKING ENGAGEMENT WITH THE CLARKE FORUM FOR CONTEMPORARY ISSUES. THIS COMPENSATION WAS UNRELATED TO HER ROLE AS TRUSTEE. A CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614GB9 2012-09-06 40480007 REFINANCING SERIES 2003 & 2009Q1 AND CONSTRUCTION 0 0 0 B CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614KD0 2016-03-31 47842881 REFINANCING SERIES 2006 & PARTIAL SERIES 2007 0 0 0 C CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614LH0 2017-02-15 35125731 REFINANCING PARTIAL SERIES 2007 AND CONSTRUCTION 0 0 0 D CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614MF3 2017-12-27 10876429 REFINANCING SERIES 2009 0 0 0 A 40504539 15028591 433943 25042005 2014 1 1 1 1 B 47842881 47503693 338853 335 2016 1 1 1 1 C 35335798 12796588 315593 22210068 13549 2021 1 0 1 1 D 10876429 10661490 214939 2017 0 1 1 1 A 0 0 0 1 1 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2022 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2022 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/15/2022 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/27/2021 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/27/2022 SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF CERTAIN ISSUANCES DIFFER FROM THE ISSUE PRICE DUE TO ACCRUED INTEREST RECEIVED AT CLOSING, INVESTMENT EARNINGS ON FUNDS HELD BY THE TRUSTEE, OR A COMBINATION THEREOF. A CUMBERLAND COUNTY MUNICIPAL AUTHORITY 236003119 230614MQ9 2018-02-27 10806732 REFINANCING SERIES 2008 0 0 0 B NATIONAL FINANCE AUTHORITY 521304598 63607YAW0 2022-04-28 16022016 CONSTRUCTION 0 0 0 A 10806732 10690354 113567 2811 2018 1 0 1 1 B 16006119 846666 171229 576977 1849 14409398 1 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 3 17797 APPRAISED VALUE AND FMV X 75 2015671 FAIR MARKET VALUE X LEARNING SUPPLIES 1 5497 FAIR MARKET VALUE 3 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IN PART I, COLUMN (B) IS BASED ON THE NUMBER OF DONATIONS TO THE COLLEGE, AS OPPOSED TO THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: MORGAN STANLEY'S BROKERAGE FIRM PROCESSES AND SELLS STOCK GIFTS RECEIVED BY THE COLLEGE. FORM 990, PART I, LINE 6 2,020 INDIVIDUALS PROVIDED VOLUNTEER SERVICES FOR THE COLLEGE ON A PART-TIME BASIS DURING FISCAL YEAR 2021-22. IN ADDITION TO MEMBERS OF THE BOARD OF TRUSTEES, THE DICKINSON VOLUNTEER NETWORK INCLUDES OPPORTUNITIES IN ADMISSIONS, ADVANCEMENT, COLLEGE RELATIONS AND THE CAREER CENTER. FORM 990, PART V, LINE 1A THE TOTAL NUMBER OF FORMS SUBMITTED INCLUDES 1098-T (2,672), 1099-K (1), 1099-MISC (88), 1099-R (26), AND 1099-NEC (170). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ASSISTANT CONTROLLER IN CONSULTATION WITH VARIOUS DEPARTMENTS ON CAMPUS. THE DRAFT 990 IS PRESENTED TO THE AVP OF FINANCE AND THE VP FOR FINANCE AND ADMINISTRATION, ALONG WITH THE COLLEGE'S TAX REVIEWERS AT CBIZ MHM, LLC. UPON COMPLETION OF THE REVIEW AND ASSOCIATED REVISIONS, THE DRAFT 990 IS REVIEWED WITH THE BOARD OF TRUSTEES COMMITTEE ON ENTERPRISE RISK MANAGEMENT VIA CONFERENCE CALL (AN ELECTRONIC COPY OF THE DRAFT IS PROVIDED TO EACH COMMITTEE MEMBER PRIOR TO THE CALL). THE FINAL DRAFT 990 IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD VIA THE TRUSTEE WEBSITE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, OR DESIGNATED PERSON IS EXPECTED TO REPORT PROMPTLY TO THE PRESIDENT OF THE COLLEGE OR TO THE CHAIRMAN OF THE BOARD OF TRUSTEES THE EXISTENCE OF ANY BUSINESS RELATIONSHIP OR INTEREST, AS IT ARISES, WHICH ACTUALLY OR POTENTIALLY INVOLVES OR MAY APPEAR TO INVOLVE A CONFLICT OF INTEREST. EACH TRUSTEE, OFFICER AND DESIGNATED PERSON IS ASKED TO SIGN A STATEMENT OF DISCLOSURE REFLECTING HIS OR HER AWARENESS AND UNDERSTANDING OF THE COLLEGE'S STATEMENT OF POLICY ON CONFLICTS OF INTEREST, AND COMPLIANCE WITH IT, ON AN ANNUAL BASIS. DESIGNATED PERSONS INCLUDE, BUT ARE NOT LIMITED TO, KEY EMPLOYEES OF THE COLLEGE AS REPORTED ON FORM 990. EACH ACTUAL OR POTENTIAL CONFLICT SHALL BE ADDRESSED ON A CASE-BY-CASE BASIS IN CONTEXT OF THE PERTINENT FACTS. NO CONTRACT OR TRANSACTION BETWEEN THE COLLEGE AND ONE OR MORE OF ITS TRUSTEES, OFFICERS OR DESIGNATED PERSONS SHALL BE VOID OR VOIDABLE SOLELY FOR SUCH REASON AS LONG AS ONE OF THE FOLLOWING CONDITIONS EXIST: 1. WHERE THE NATURE OF THE CONFLICT IS SUCH THAT THE INDIVIDUAL INVOLVED IS NOT ABLE TO DISCLOSE THE DETAILS THEREOF WITHOUT BREACHING OTHER CONFIDENCES, HE MUST, UPON NOTICE TO THE PRESIDENT OF THE COLLEGE OR THE CHAIRMAN OF THE BOARD OF TRUSTEES, REMOVE HIMSELF FROM ALL MEETINGS, DISCUSSIONS, DELIBERATIONS AND ACTIONS AT WHICH THE MATTER IS CONSIDERED; 2. THE MATERIAL FACTS AS TO SUCH RELATIONSHIP OR INTEREST, AND AS TO THE CONTRACT OR TRANSACTION, ARE DISCLOSED OR ARE KNOWN TO THE BOARD AND THE BOARD IN GOOD FAITH AUTHORIZES THE CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTES OF A MAJORITY OF THE DISINTERESTED TRUSTEES, EVEN THOUGH THE DISINTERESTED TRUSTEES ARE LESS THAN A QUORUM; OR 3. THE CONTRACT OR TRANSACTION IS FAIR AS TO THE COLLEGE AS OF THE TIME IT IS AUTHORIZED, APPROVED OR RATIFIED BY THE BOARD. COMMON OR INTERESTED TRUSTEES MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF TRUSTEES WHICH AUTHORIZES A CONTRACT OR TRANSACTION. WHEN IT IS CONCLUDED THAT A CONFLICT ACTUALLY OR POTENTIALLY EXISTS, AND THE ABOVE PROCESS TO ADDRESS THE CONFLICT HAS NOT BEEN FOLLOWED, ACTION MAY INCLUDE SUSPENSION IN WHOLE OR IN PART OF THE INDIVIDUAL'S DUTIES WITH THE COLLEGE FOR SUCH PERIOD OF TIME AND/OR AS TO SUCH MATTERS AS MAY BE DEEMED APPROPRIATE BY THE BOARD OF TRUSTEES, OR REQUESTING THE RESIGNATION OF THE INDIVIDUAL FROM THE BOARD OR FROM THE OFFICE OR EXCLUDING THE INDIVIDUAL WITH THE CONFLICT FROM ALL MEETINGS, DISCUSSIONS, DELIBERATIONS, ACTIONS OR VOTES RELATED TO THE SUBJECT OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES SUBCOMMITTEE ON EXECUTIVE COMPENSATION (THE "SUBCOMMITTEE") HOLDS A CONFERENCE CALL ON AN ANNUAL BASIS TO REVIEW THE TOTAL COMPENSATION PACKAGES FOR THE PRESIDENT AND SENIOR OFFICERS OF THE COLLEGE. PRIOR TO THE CALL, SUBCOMMITTEE MEMBERS ARE PROVIDED WITH COMPARATIVE COMPENSATION DATA FROM TWO SEPARATE HIGHER EDUCATION EXECUTIVE COMPENSATION SURVEYS. THE SUBCOMMITTEE REVIEWS THE SURVEYS AND DISCUSSES A PROPOSED COMPENSATION PACKAGE FOR THE PRESIDENT (THE PRESIDENT PROPOSES COMPENSATION PACKAGES FOR SENIOR OFFICERS). THE SUBCOMMITTEE'S RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE FOR APPROVAL DURING THE SPRING BOARD MEETINGS. UPON APPROVAL, A LETTER FROM THE BOARD CHAIR IS SENT TO THE VP FOR HUMAN RESOURCE SERVICES TO CONFIRM THE APPROVED COMPENSATION FOR THE PRESIDENT AND SENIOR OFFICERS FOR THE UPCOMING FISCAL YEAR BEGINNING JULY 1. THE VP FOR HUMAN RESOURCE SERVICES MAINTAINS THE ORIGINAL COPY OF THE COMPENSATION LETTER, ALONG WITH ALL OTHER INFORMATION PROVIDED TO THE SUBCOMMITTEE IN SUPPORT OF ITS REVIEW. MINUTES ARE DOCUMENTED FOR BOTH THE CALL AND THE MEETING. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023, 990 AND 990-T ARE MADE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG AND WWW.IRS.GOV. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. IN ADDITION, THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE DICKINSON COLLEGE WEBSITE. DICKINSON IN ENGLAND LIMITED 371 UNTHANK ROAD NORWICH UK NR4 7QG 981548498 EDUCATIONAL INSTITUTION FOR STUDY ABROAD PROGRAMS UK 0 0 DICKINSON COLLEGE L'ASSOCIATION DICKINSON EN FRANCE 0 40 R DU JAPON TOULOUSE FR 31400 331566091 HIGHER EDUCATION FR DICKINSON COLLEGE 1 SANDIA FOUNDATION 6211 SAN MATEO BLVD NE SUITE 100 ALBUQUERQUE NM 87109 856009907 FOUNDATION NM 501(C)(3) LINE 12D, III-O N/A 0 CHARITABLE REMAINDER TRUST (5) ANNUITY PA T 0 POOLED INCOME FUND (1) ANNUITY PA T 0 PERPETUAL TRUST (3) PERPETUAL TRUST PA T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0