2023-05-12T15:19:21-05:00 2022-06-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2021-07-01 823028605 CLAREMONT INVESTMENT MANAGEMENT COMPANY CLAR 9096218230 500 EAST 9TH STREET CLAREMONT CA 91711 ERIN WATKINS TREASURER 9096218230 2023-05-10 1 ERIN WATKINS 999009999 TRACY S PAGLIA P00366884 2099556100 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ERIN WATKINS 500 EAST 9TH STREET CLAREMONT CA 91711 5574100 0 X N/A X 2017 CA TO MANAGE, SUPERVISE, OVERSEE AND INVEST ENDOWMENT AND OTHER FUNDS OF THE SUPPORTED ORGANIZATIONS. 11 11 0 11 0 0 0 0 4500473 5574100 0 0 0 0 4500473 5574100 0 0 0 0 0 0 0 0 0 4500473 5574100 4500473 5574100 0 0 1000 1000 0 0 1000 1000 TO MANAGE, SUPERVISE, OVERSEE AND INVEST ENDOWMENT AND OTHER FUNDS OF THE SUPPORTED ORGANIZATIONS. 0 0 5574100 5574100 MANAGEMENT OF INVESTMENT ENDOWMENT AND OTHER FUNDS OF SUPPORTED ORGANIZATIONS. 5574100 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X ERIN WATKINS 9096218230 500 EAST 9TH STREET CLAREMONT CA 91711 MICHAEL LARSON CO-CHAIRMAN 1.00 1.00 X X 0 0 0 ABBOTT BROWN CO-CHAIRMAN 1.00 1.00 X X 0 0 0 ROBERT A DAY DIRECTOR 1.00 1.00 X 0 0 0 JAMES B MCELWEE DIRECTOR 1.00 1.00 X 0 0 0 HARRY T MCMAHON DIRECTOR 1.00 2.00 X 0 0 0 SHAMIT GROVER DIRECTOR 1.00 2.00 X 0 0 0 G JEFFREY RECORDS JR DIRECTOR 1.00 1.00 X 0 0 0 CHRISTOPHER V WALKER DIRECTOR 1.00 1.00 X 0 0 0 PETER K BARKER DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW FERRI DIRECTOR 1.00 2.00 X 0 0 0 TINA DANIELS DIRECTOR 1.00 1.00 X 0 0 0 JAMES FLOYD PRESIDENT AND CEO 40.00 2.00 X 0 678478 78612 MATTHEW BIBBENS SECRETARY AND GENERAL COUNSEL 1.00 41.00 X 0 320623 56276 ANDREW DORANTES VICE PRESIDENT & DEPUTY CIO 1.00 51.00 X 0 375630 94390 ERIN WATKINS TREASURER 1.00 41.00 X 0 225000 44383 MICHAEL DENNY VICE PRESIDENT 40.00 2.00 X 0 305000 48193 0 1904731 321854 0 0 1 0 CLAREMONT MCKENNA COLLEGE 500 E NINTH STREET CLAREMONT CA 91711 EXPENSE REIMBURSEMENT 5574100 1 MANAGEMENT FEE INCOME 541610 5574100 5574100 5574100 5574100 5574100 0 0 5574100 5574100 5574100 5574100 0 0 1000 1000 1000 1000 0 0 X 1000 1000 1000 1000 1000 1000 0 0 X 0 1 X 1 0 X X 2 CLAREMONT MCKENNA COLLEGE 951664101 2 1 0 0 HARVEY MUDD COLLEGE 951911219 2 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 1: PER THE ARTICLES OF INCORPORATION, CLAREMONT INVESTMENT MANAGEMENT COMPANY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CLAREMONT MCKENNA COLLEGE AND THOSE MEMBERS OF THE CLAREMONT COLLEGES THAT ARE DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE CODE AND THAT MAY BE APPROVED BY THE BOARD OF DIRECTORS AND CLAREMONT MCKENNA COLLEGE FROM TIME TO TIME. PART IV, SECTION B, LINE 2: PER SECTION 4 OF THE BYLAWS, CLAREMONT MCKENNA COLLEGE SHALL BE ENTITLED TO APPOINT ALL THE DIRECTORS OF THE CORPORATION. CLAREMONT MCKENNA COLLEGE, IN ITS SOLE DISCRETION, MAY CONSIDER NOMINATIONS FOR CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS PROVIDED BY ONE OR MORE OTHER SUPPORTED ORGANIZATIONS OF THE CORPORATION. THEREFORE, HARVEY MUDD COLLEGE HAS THE POWER TO NOMINATE CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS, BUT THE APPOINTMENT MUST BE APPROVED BY CLAREMONT MCKENNA COLLEGE. 0 0 0 0 0 0 0 0 0 JAMES FLOYD PRESIDENT AND CEO 0 528228 0 150000 0 250 0 51444 0 27168 0 757090 0 0 ANDREW DORANTES VICE PRESIDENT & DEPUTY CIO 0 375350 0 0 0 280 0 34800 0 59590 0 470020 0 0 MATTHEW BIBBENS SECRETARY AND GENERAL COUNSEL 0 310623 0 10000 0 0 0 41043 0 15233 0 376899 0 0 MICHAEL DENNY VICE PRESIDENT 0 275000 0 30000 0 0 0 31944 0 16249 0 353193 0 0 ERIN WATKINS TREASURER 0 225000 0 0 0 0 0 29057 0 15326 0 269383 0 0 PART I, LINE 3 A RELATED ORGANIZATION SET THE COMPENSATION OF THE TOP FINANCIAL OFFICIAL USING ONE OR MORE METHODS DESCRIBED ON SCHEDULE J, PART I, LINE 3. FORM 990, PART VI, SECTION A, LINE 3 CLAREMONT MCKENNA COLLEGE PROVIDES MANAGEMENT SERVICES TO CLAREMONT INVESTMENT MANAGEMENT COMPANY. THE OFFICERS OF CLAREMONT INVESTMENT MANAGEMENT COMPANY ARE PAID AND EMPLOYED BY CLAREMONT MCKENNA COLLEGE. THE COMPENSATION PAID TO THE OFFICERS FOR SERVICES PROVIDED TO THE FILING AND RELATED ORGANIZATIONS IS LISTED ON FORM 990, PART VII, SECTION A. FORM 990, PART VI, SECTION A, LINE 7A CLAREMONT MCKENNA COLLEGE SHALL BE ENTITLED TO APPOINT ALL THE DIRECTORS OF THE CORPORATION. CLAREMONT MCKENNA COLLEGE, IN ITS SOLE DISCRETION, MAY CONSIDER NOMINATIONS FOR CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS PROVIDED BY ONE OR MORE OTHER SUPPORTED ORGANIZATIONS OF THE CORPORATION. THEREFORE, HARVEY MUDD COLLEGE HAS THE POWER TO NOMINATE CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS, BUT THE APPOINTMENT MUST BE APPROVED BY CLAREMONT MCKENNA COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B CIMC UTILIZES A PROCESS FOR REVIEW OF IRS FORM 990 THAT INVOLVES MULTIPLE LAYERS OF MANAGEMENT, AS WELL AS GOVERNING BOARD MEMBERS. CIMC HAS ENGAGED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE 990 USING INFORMATION PROVIDED BY MANAGEMENT AND THE CLAREMONT COLLEGES SERVICES' OFFICE OF FINANCIAL SERVICES. ONCE A DRAFT HAS BEEN PREPARED, IT IS REVIEWED BY INDIVIDUALS IN THE OFFICE OF FINANCIAL SERVICES AND MEMBERS OF MANAGEMENT OF CIMC. ONCE A FINAL DRAFT OF THE 990 IS PREPARED, IT IS PROVIDED TO THE MEMBERS OF CIMC'S AUDIT COMMITTEE FOR QUESTIONS AND COMMENTS. ONCE THE COMMENTS FROM THE AUDIT COMMITTEE ARE ANSWERED AND ANY ISSUES RESOLVED, THE 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN AND SUBMIT TO THE TREASURER A STATEMENT DISCLOSING ALL MATERIAL FINANCIAL INTERESTS OF THE INDIVIDUAL OR IMMEDIATE FAMILY MEMBERS IN ANY OUTSIDE ENTITY IN WHICH THE ORGANIZATION HAS OR IS CONSIDERING A TRANSACTION OR OTHER BUSINESS RELATIONSHIP. THE TREASURER CREATES A SUMMARY REPORT OF THESE AND ANY OTHER KNOWN CONFLICT OF INTEREST DISCLOSURES FOR REVIEW BY THE AUDIT COMMITTEE. ALL TRANSACTIONS IN WHICH THE AUDIT COMMITTEE HAS DETERMINED THAT A CONFLICT EXISTS ARE APPROVED OR RATIFIED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 CORPORATE OFFICER AND KEY EMPLOYEE COMPENSATION DETERMINATION IS PERFORMED ON AN ANNUAL BASIS BY A RELATED ORGANIZATION AND INCLUDES THE FOLLOWING ELEMENTS: 1) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, 2) REVIEW OF COMPARABLE COMPENSATION DATA AND APPROVAL OF COMPENSATION ARRANGEMENTS BY A COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AND 3) CONTEMPORANEOUS DOCUMENTATION WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS. DATA AS TO COMPARABLE COMPENSATION IS DERIVED FROM ONE OR MORE OF THE FOLLOWING SOURCES: A) INFORMATION COMPILED FROM IRS FORM 990 REPORTS, B) OTHER REGIONAL OR NATIONAL COMPENSATION SURVEYS, INCLUDING AN ANNUAL COMPENSATION SURVEY PUBLISHED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES, AND C) EXTERNAL CONSULTANT SURVEYS AND/OR DATABASES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CLAREMONT MCKENNA COLLEGE 500 E 9TH STREET CLAREMONT CA 91711 951664101 EDUCATION CA 501(C)(3) LINE 2 N/A 0 HARVEY MUDD COLLEGE 301 PLATT BLVD CLAREMONT CA 91711 951911219 EDUCATION CA 501(C)(3) LINE 2 N/A 0 CLAREMONT MCKENNA COLLEGE FOUNDATION 500 E 9TH STREET CLAREMONT CA 91711 330735781 SUPPORTING ORGANIZATION CA 501(C)(3) 12A, TYPE 1 CLAREMONT MCKENNA COLLEGE 0 CHILDREN'S EDUCATION CENTER OF CLAREMONT 500 E 9TH STREET CLAREMONT CA 91711 954508952 PRESCHOOL AND ELEMENTARY SCHOOL CA 501(C)(3) LINE 2 CLAREMONT MCKENNA COLLEGE 0 CLAREMONT INVESTMENT FUND 500 E 9TH STREET CLAREMONT CA 91711 823049880 SUPPORTING ORGANIZATION CA 501(C)(3) 12A, TYPE 1 CLAREMONT MCKENNA COLLEGE 0 CLAREMONT MCKENNA COLLEGE ALUMNI ASSOCIATION 400 NORTH CLAREMONT BOULEVARD CLAREMONT CA 91711 956092792 SUPPORTING ORGANIZATION CA 501(C)(3) PF CLAREMONT MCKENNA COLLEGE 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0