2022-05-13T16:17:50-05:00 2021-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2020-07-01 941156566 MILLS COLLEGE MILL 5104302255 5000 MACARTHUR BOULEVARD OAKLAND CA 94613 ELIZABETH L HILLMAN PRESIDENT 5104302255 2022-05-13 1 ELIZABETH HILLMAN 999009999 LAUREN A HAVERLOCK P00545829 4159561500 2022-05-13 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z ELIZABETH L HILLMAN 5000 MACARTHUR BOULEVARD OAKLAND CA 94613 147602974 0 X WWW.MILLS.EDU X 1852 CA FOUNDED IN 1852 AND LOCATED IN OAKLAND, CALIFORNIA, IN THE HEART OF THE SAN FRANCISCO BAY AREA, MILLS COLLEGE ("THE COLLEGE") IS A LIBERAL ARTS COLLEGE FOR WOMEN AND GENDER NON-BINARY STUDENTS, WITH GRADUATE PROGRAMS FOR ALL GENDERS. 24 23 1078 258 43510 0 20080897 12154165 42401733 30402318 4039293 22069767 4361923 2350023 70883846 66976273 12817523 11167366 0 0 37745785 35475466 0 0 1740590 23014463 29525039 73577771 76167871 -2693925 -9191598 315223538 350121466 42756349 46952459 272467189 303169007 X MILLS COLLEGE IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR WOMEN AND GENDER NONBINARY STUDENTS, WITH GRADUATE PROGRAMS FOR ALL GENDERS. THE COLLEGE EDUCATES STUDENTS TO THINK CRITICALLY AND COMMUNICATE RESPONSIBLY AND EFFECTIVELY, TO ACCEPT THE CHALLENGES OF THEIR CREATIVE VISIONS, AND TO ACQUIRE THE KNOWLEDGE AND SKILLS NECESSARY TO EFFECT THOUGHTFUL CHANGES IN A GLOBAL, MULTICULTURAL SOCIETY. 0 0 34729792 11085411 25994301 WITH A TOTAL ENROLLMENT OF 1,050 STUDENTS, REPRESENTING 38 STATES AND 12 COUNTRIES, THE COLLEGE PROVIDES INSTRUCTION, RESEARCH, PUBLIC SERVICE, AND ACADEMIC SUPPORT TO 657 UNDERGRADUATE, 387 GRADUATE, AND 5 NON-DEGREE STUDENTS. ON THE UNDERGRADUATE SIDE, STUDENTS OF COLOR REPRESENT 66% OF THE CLASS, AND 44% ARE FIRST-GENERATION STUDENTS; ON THE GRADUATE SIDE, STUDENTS OF COLOR REPRESENT 58% OF THE CLASS. THE COLLEGE PROVIDES FINANCIAL AID, SCHOLARSHIPS, AND FELLOWSHIPS TO BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS. A TOTAL OF 33% OF OUR STUDENTS RECEIVE CAL GRANTS, AND 48% ARE ELIGIBLE FOR PELL GRANTS. THE PERCENTAGE OF GRADUATE STUDENTS RECEIVING FINANCIAL AID WAS 83%, WITH MILLS PROVIDING $2.9 MILLION IN SCHOLARSHIPS AND GRANTS OUT OF A TOTAL OF $13.9 OF ANY FINANCIAL AID AWARDED TO GRADUATE STUDENTS. THE COLLEGE'S UNDERGRADUATE HISPANIC POPULATIONS IS 35%, MAKING US ELIGIBLE TO DECLARE AS A HISPANIC-SERVING INSTITUTION (HSI). 26556428 81956 4854067 THE COLLEGE PROVIDES AUXILIARY SERVICES, INCLUDING STUDENT HOUSING, FOOD SERVICES, AND OTHER STUDENT SERVICES. 61286220 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1764 0 1 1078 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL IL KY MA MD MI NH NY OR PA SC WI X MARIA CAMMARATA 5104303322 5000 MACARTHUR BLVD OAKLAND CA 94613 ELIZABETH L HILLMAN PRESIDENT 60.00 X X 304428 0 148012 JULIA OPARAH PROVOST & DEAN OF THE FACULTY 50.00 X 212919 0 23193 RENEE JADUSHLEVER VP FOR STRATEGIC COMMS & OPERATIONS 50.00 X 180845 0 21935 MARIA CAMMARATA VP FOR FINANCE AND ADMIN / TREASURER 50.00 X 188715 0 13832 WENDI S WILLIAMS DEAN, SCHOOL OF EDUC. / PROFESSOR 40.00 X 169350 0 10861 EKATERINA KARNIOUCHINA DEAN, LOKEY SCHOOL / PROFESSOR 40.00 X 171652 0 4567 KAMALA GREEN ASSOCIATE VP OF HUMAN RESOURCES 40.00 X 163795 0 12363 MICHAEL MCBRIDE CHIEF ENGINEER 40.00 X 162839 0 11446 AUDREY TANNER VP FOR ENROLLMENT & MKTG THRU 9/2020 40.00 X 158377 0 5901 ROBYNNE LOFTON AVP ENROLLMENT MGMT/STUDENT FIN SRVCS 40.00 X 151150 0 2516 CARRIE HALL SECRETARY / SR EXEC ASSIST TO PRES 40.00 X 108317 0 12541 KATIE SANBORN BOARD CHAIR 5.00 X X 0 0 0 ELIZABETH LIZ PARKER BOARD VICE CHAIR 2.00 X X 0 0 0 DALJIT BAINS BOARD TRUSTEE 1.00 X 0 0 0 OPHELIA BASGAL BOARD TRUSTEE 1.00 X 0 0 0 JOHN BRABSON BOARD TRUSTEE 1.00 X 0 0 0 LAURENCE COLTON BOARD TRUSTEE 1.00 X 0 0 0 LESLIE DECKER BOARD TRUSTEE 1.00 X 0 0 0 LUCY DO BOARD TRUSTEE THROUGH 1/2021 1.00 X 0 0 0 LYN FLANIGAN BOARD TRUSTEE 1.00 X 0 0 0 ADRIENNE FOSTER BOARD TRUSTEE 1.00 X 0 0 0 SABRINA T KWIST BOARD TRUSTEE 1.00 X 0 0 0 KONDA MASON BOARD TRUSTEE 1.00 X 0 0 0 KAREN MAY BOARD TRUSTEE 1.00 X 0 0 0 ALEXANDRA MOSES BOARD TRUSTEE 1.00 X 0 0 0 VIJI NAKKA-CAMMAUF BOARD TRUSTEE 1.00 X 0 0 0 ANNE O'BRIEN BOARD TRUSTEE 1.00 X 0 0 0 ERIC ROBERTS BOARD TRUSTEE 2.00 X 0 0 0 MARILYN R SCHUSTER BOARD TRUSTEE 2.00 X 0 0 0 TARA SINGH BOARD TRUSTEE 1.00 X 0 0 0 BOB THOMPSON BOARD TRUSTEE 1.00 X 0 0 0 GLENN VOYLES BOARD TRUSTEE 1.00 X 0 0 0 KATE WHITING BOARD TRUSTEE THROUGH 5/2021 1.00 X 0 0 0 CARMEN A WILEY BOARD TRUSTEE 1.00 X 0 0 0 KIRSTEN WOLFE BOARD TRUSTEE 2.00 X 0 0 0 DEBORAH WOOD BOARD TRUSTEE 1.00 X 0 0 0 1972387 0 267167 53 0 1 0 BON APPETIT (COMPASS GROUP) PO BOX 59184 BOULDER CO 803229184 FOOD SERVICE PROVIDER 1408537 IMPEC GROUP INC 3350 SCOTT BLVD BLDG 8 SANTA CLARA CA 95054 FACILITY MANAGEMENT 954877 NOODLE PARTNERS INC 860 BROADWAY FLOOR 6 NEW YORK NY 10003 ONLINE SCHOOL RESOURSES PROVIDER 697441 STATEWIDE CALIFORNIA ELECTRONIC LIBRARY PO BOX 511388 LOS ANGELES CA 900517943 ELECTRONIC LIBRARY 321449 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 CONSTRUCTION 288436 16 6919270 5234895 289112 12154165 TUITION AND FEES 611710 25994301 25994301 AUXILIARY ENTERPRISES 611710 4408017 4408017 30402318 3234859 43510 3191349 23194 21949 1245 1245 1245 90009691 9429969 79904751 700001 10104940 8729968 18834908 18834908 MISCELLANEOUS REVENUE 900099 1902728 1902728 FACILITIES REVENUE 900099 446050 446050 2348778 66976273 30848368 43510 23930230 11167366 11167366 1350486 367370 983116 28934161 23082676 4737948 1113537 22988 22988 3150374 2235066 797759 117549 2017457 1652189 283187 82081 213478 1798 170777 40903 173633 173633 1717604 1381621 296744 39239 7547582 5823754 1677059 46769 172938 162853 10065 20 797011 606219 123282 67510 1980523 691880 1246091 42552 9652931 8454373 1141212 57346 13990 10326 3664 123564 94644 26760 2160 980044 788336 169318 22390 4676066 3761374 807865 106827 515145 74284 440861 INDIRECT COSTS 356399 356399 BAD DEBT EXPENSE 328069 312305 15764 COLLEGE/STUDENT EVENT 105925 105925 HOSPITALITY 55681 36204 17770 1707 114456 96270 18186 76167871 61286220 13141061 1740590 2792571 3480264 15618072 14250223 15042900 14979969 2118185 3080156 35411 32171 1509211 1372943 218893561 123887431 99866786 95006130 48272993 77066946 125699356 136945312 728810 414609 3539243 3492743 315223538 350121466 4054989 5874309 1784536 782820 25583745 24253909 6000000 5000000 1999800 1999800 3333279 9041621 42756349 46952459 X 70569068 64091751 201898121 239077256 272467189 303169007 315223538 350121466 X -9191598 37833000 2060416 X 0 1 X 1 1 1 X 20703818 11692482 13632209 20080897 12154165 78263571 20703818 11692482 13632209 20080897 12154165 78263571 4894533 73369038 1430625 1802160 2160478 1691260 3214543 10299066 186142 290553 638931 3273581 1902728 6291935 94854572 246640664 0.77350 0.77800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2016 AMOUNT: $ 186,142. 2017 AMOUNT: $ 290,553. 2018 AMOUNT: $ 638,931. 2019 AMOUNT: $ 3,273,581. 2020 AMOUNT: $ 1,902,728. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21500 3362169 0 0 X X X X 0 187318992 1474369 51172798 2292026 10334397 1717603 225622133 196403975 1043204 3675311 2399447 10140203 1263848 187318992 191278617 4837256 10527930 2663987 6347403 1228438 196403975 183274856 5759977 12394662 1790153 7254180 1106545 191278617 170988885 3528321 18412304 2076267 6899011 679376 183274856 0.03680 0.68510 0.27810 0 0 291686 291686 183379448 89258968 94120480 35222427 34628463 593964 95006130 COMINGLED FUNDS: TRADITIONAL EQUITIES 60653056 F SECURITY TRADING LIMTIED PARTNERSHIPS: ALTERNATIVE EQUITIES 49730601 F COMINGLED FUNDS: ALTERNATIVE EQUITIES 26226770 F FIXED INCOME 177787 F PRIVATE STOCK 153000 F REAL ESTATE INVESTMENTS TRUSTS AND OTHERS 4098 F 136945312 ANNUITY AND LIFE INCOME LIABILITY 1145357 GOV'T ADVANCES FOR STUDENT LOANS 148292 DOJ ADA ACCESSIBILITY LIABILITY 3929607 SEWER LATERAL COMPLIANCE LIABILITY 1601035 DEPOSITS 1036456 ASSET RETIREMENT OBLIGATION 115305 OTHER LIABILITIES 1065569 9041621 X 94808329 37833000 -8305289 29527711 65280618 1717604 -21949 1695655 66976273 64106511 21949 21949 64084562 1717604 10365705 12083309 76167871 PART III, LINE 4: COLLECTION ITEMS ARE ACQUIRED BY DONATION AND INCLUDE WORKS OF ART, RARE BOOKS, AND OTHER DOCUMENTS. COLLECTIONS ARE HELD FOR THE PURPOSES OF ENHANCING CURRICULUM AND FOR PUBLIC EXHIBITION FOR EDUCATION PURPOSES OR RESEARCH; THEY ARE NOT HELD FOR FINANCIAL GAIN. COLLECTIONS ARE PROTECTED, CARED FOR, AND PRESERVED. PART V, LINE 4: ENDOWMENT FUNDS ARE MANAGED AND USED FOR THE PURPOSE OF CONTINUED SUPPORT FOR THE COLLEGE'S LONG-TERM EDUCATIONAL PURPOSES. THE LONG-TERM FINANCIAL GOAL FOR THE ENDOWMENT INVESTMENT PORTFOLIO IS TO PROVIDE A RELATIVELY STABLE STREAM OF EXPENDABLE REVENUE THAT INCREASES OVER TIME, AT LEAST AS FAST AS THE GENERAL RATE OF INFLATION. PART X, LINE 2: THE COLLEGE APPLIED ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF THE YEAR ENDED JUNE 30, 2021 AND 2020, NOR ARE ANY CHANGES ANTICIPATED IN THE TWELVE MONTHS FOLLOWING JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -10,365,705. ACTUARIAL ADJUSTMENT 2,060,416. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -21,949. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 21,949. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 10,365,705. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MILLS COLLEGE DRAWS STUDENTS FORM A LARGE GEOGRAPHIC REGION AND ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. MILLS COLLEGE WAS RANKED ONE OF THE TOP 20 MOST DIVERSE LIBERAL ARTS COLLEGES IN THE NATION BY U.S. NEWS AND WORLD REPORT. IN THE ACADEMIC YEAR 2020-2021, 66% OF THE UNDERGRADUATE STUDENTS AND 58% OF THE GRADUATE STUDENTS WERE OF COLOR, INCLUDING STUDENTS THAT IDENTIFIED THEMSELVES AS MULTI-ETHNIC. MILLS COLLEGE INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS CATALOG, STUDENT APPLICATION, AND IN THE MAJORITY OF ITS BROCHURES AND OTHER WRITTEN ADMISSIONS COMMUNICATIONS. THE POLICY IS ALSO INCLUDED ON THE COLLEGE WEB PAGE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION AND ASSISTANCE FROM THE NATIONAL SCIENCE FOUNDATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 65734576 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 24612593 0 0 0 0 0 0 90347169 0 90347169 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 FINANCIAL AID 948 10365705 RESEARCH AWARDS, PRIZES 125 144920 STIPENDS 98 162352 INSTRUCTION, RESEARCH, SUPPORT 25 494389 PART I, LINE 2: GRANTS ARE PUT INTO A SEPARATE AND UNIQUE FUND AND THE EXPENDITURES ARE MONITORED AGAINST THE PROPOSAL AND AWARD. THE COLLEGE MANAGES AN EXTENSIVE FINANCIAL AID PROGRAM TO ENSURE THAT A HIGHLY QUALIFIED AND DIVERSE POPULATION IS ABLE TO MATRICULATE AND CONTINUE TO GRADUATION. THE ASSISTANCE PROGRAMS TAKES TWO MAJOR FORMS: (I) MERIT SCHOLARSHIPS AND (II) NEED-BASED FINANCIAL AID. THE FINANCIAL AID DEPARTMENT MONITORS THE AMOUNTS GIVEN BY THE GRANT. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH L HILLMAN PRESIDENT 285268 0 0 0 19160 0 4711 0 143301 0 452440 0 0 0 JULIA OPARAH PROVOST & DEAN OF THE FACULTY 212919 0 0 0 0 0 3410 0 19783 0 236112 0 0 0 RENEE JADUSHLEVER VP FOR STRATEGIC COMMS & OPERATIONS 165538 0 0 0 15307 0 2965 0 18970 0 202780 0 0 0 MARIA CAMMARATA VP FOR FINANCE AND ADMIN / TREASURER 188715 0 0 0 0 0 2965 0 10867 0 202547 0 0 0 WENDI S WILLIAMS DEAN, SCHOOL OF EDUC. / PROFESSOR 169350 0 0 0 0 0 0 0 10861 0 180211 0 0 0 EKATERINA KARNIOUCHINA DEAN, LOKEY SCHOOL / PROFESSOR 171652 0 0 0 0 0 2309 0 2258 0 176219 0 0 0 KAMALA GREEN ASSOCIATE VP OF HUMAN RESOURCES 163795 0 0 0 0 0 2250 0 10113 0 176158 0 0 0 MICHAEL MCBRIDE CHIEF ENGINEER 162839 0 0 0 0 0 2375 0 9071 0 174285 0 0 0 AUDREY TANNER VP FOR ENROLLMENT & MKTG THRU 9/2020 138359 0 0 0 20018 0 0 0 5901 0 164278 0 0 0 ROBYNNE LOFTON AVP ENROLLMENT MGMT/STUDENT FIN SRVC 151150 0 0 0 0 0 2268 0 248 0 153666 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE PROVIDED THE PRESIDENT WITH HOUSING AS A CONDITION OF HER EMPLOYMENT. THE HOUSING IS ON CAMPUS AND FURNISHED FOR THE BENEFIT AND CONVENIENCE TO THE COLLEGE TO CONDUCT FUNDRAISING AND OTHER COLLEGE RELATED BUSINESS. THE VALUE OF THE HOUSING IS EXCLUDABLE FROM THE PRESIDENT'S TAXABLE INCOME UNDER IRS CODE SECTION 119(D) AND WAS INCLUDED IN HER NONTAXABLE BENEFITS REPORTED ON SCHEDULE J, PART II, COLUMN D. PERSONAL SERVICES: ON OCCASION, COLLEGE EMPLOYEES PERFORM ROUTINE CLEANING AND YARD SERVICE FOR THE PRESIDENT'S ON-CAMPUS RESIDENCE RELATED TO COLLEGE BUSINESS. IF REQUIRED, THE APPLICABLE AMOUNTS FOR THE ABOVE ITEMS ARE REPORTED AS TAXABLE COMPENSATION. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 2015-04-15 30397250 REFUND 1997, 2005A, AND 2005B BONDS 0 0 0 A 7191068 30397250 291156 30106094 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 X 2 21500 OPINIONS OF EXPERTS X 36 267612 FAIR MARKET VALUE 2 0 1 0 PART I, COLUMN (B): THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED (DEFINED AS EACH SEPARATE GIFT) IN SCHEDULE M, PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES NOT HAVE "MEMBERS" BY DEFINITION OF THE BYLAWS, HOWEVER, THE FORM 990 INSTRUCTIONS FURTHER DEFINE A MEMBER AS ANY PERSON, INCLUDING A CORPORATION OR OTHER LEGAL ENTITY, WITH THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. ACCORDINGLY, THE ALUMNAE ASSOCIATION OF MILLS COLLEGE IS CONSIDERED A "MEMBER" OF MILLS COLLEGE. FORM 990, PART VI, SECTION A, LINE 7A THE ALUMNAE ASSOCIATION OF MILLS COLLEGE HAS THE POWER TO DESIGNATE FOUR OF ITS MEMBERS TO THE BOARD OF TRUSTEES OF MILLS COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B MOSS ADAMS LLP AND THE MILLS COLLEGE FINANCE STAFF WORKED TOGETHER TO GATHER THE REQUIRED INFORMATION NECESSARY TO COMPLETE THE DRAFT TAX FILINGS. THE COLLEGE PRESIDENT AND VICE PRESIDENT FOR FINANCE & ADMINISTRATION/TREASURER THEN REVIEWED A DRAFT OF THE FORM 990 FOR ACCURACY AND COMPLETENESS; ADJUSTMENTS WERE MADE, AS NECESSARY. THE FORM 990 WAS THEN REVIEWED IN DETAIL WITH THE AUDIT AND ENTERPRISE COMMITTEE OF THE BOARD OF TRUSTEES (LED BY MOSS ADAMS STAFF). UPON APPROVAL BY THE AUDIT AND ENTERPRISE COMMITTEE, A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY ENFORCED BY THE AUDIT AND ENTERPRISE COMMITTEE WITH THE ADVICE AND ASSISTANCE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION/TREASURER. THE AUDIT AND ENTERPRISE COMMITTEE REQUIRES EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE TO COMPLETE ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRES ARE FILED WITH THE VICE PRESIDENT FOR FINANCE & ADMINISTRATION/TREASURER AND REVIEWED BY THE AUDIT AND ENTERPRISE COMMITTEE, WHICH MAKES RECOMMENDATIONS ABOUT THE POTENTIAL CONFLICTS OF INTEREST TO THE FULL BOARD. THE AUDIT AND ENTERPRISE COMMITTEE AND BOARD BOTH MAINTAIN MINUTES AND OTHER DOCUMENTATION TO RECORD THEIR REVIEW OF ACTUAL OR POTENTIAL CONFLICTS. COLLEGE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ALSO AWARE OF THE DUTY DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTERESTS THROUGHOUT THE YEAR. THESE ADDITIONAL DISCLOSURES BY AN INDIVIDUAL COVERED BY THE POLICY ARE SUBMITTED TO THE AUDIT AND ENTERPRISE COMMITTEE CHAIR AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION/TREASURER. THE AUDIT AND ENTERPRISE COMMITTEE ALSO REVIEWS THESE POTENTIAL CONFLICTS AND MAKES RECOMMENDATIONS TO THE FULL BOARD. AT REGULARLY SCHEDULED MEETINGS OF THE FULL BOARD, THE AUDIT AND ENTERPRISE COMMITTEE REPORTS ON ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND THEIR RESOLUTION OR RECOMMENDATION. THE AUDIT AND ENTERPRISE COMMITTEE ALSO REVIEWS THE OPERATION OF THE POLICY AND MAKES RECOMMENDATIONS TO THE BOARD OF TRUSTEES REGARDING ANY PROPOSED CHANGES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION/TREASURER (OR HIS OR HER REPRESENTATIVE) ATTENDS ALL RELEVANT MEETINGS AND ASSISTS IN PREPARING THE MINUTES. IF AN INDIVIDUAL BELIEVES THAT SHE/HE MAY HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, SHE/HE SHALL IMMEDIATELY AND FULLY DISCLOSE THE POTENTIAL CONFLICT IN WRITING, AND SHALL REFRAIN FROM PARTICIPATING IN ANY TRANSACTIONS OR DECISIONS OF ANY ACTUAL OR POTENTIAL ETHICAL, LEGAL, FINANCIAL, OR OTHER CONFLICTS OF INTEREST INVOLVING THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY A CONDUCTS A REVIEW OF COMPENSATION FOR THE COLLEGE PRESIDENT, OFFICERS, AND KEY EMPLOYEES, WHICH FOLLOWS THE EXECUTIVE COMPENSATION POLICY APPROVED BY THE BOARD OF TRUSTEES. EXECUTIVE COMPENSATION ARRANGEMENTS FALL WITHIN THE BOUNDS OF MARKET PRACTICE FOR COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS. FACTORS THAT ARE REVIEWED INCLUDE: (I) COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS; (II) THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; (III) CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, AND (IV) ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE AFFECTED PERSON. COMPENSATION PACKAGES AND CONTRACTS FOR COLLEGE OFFICERS AND KEY EXECUTIVES ARE REVIEWED FOR INTERNAL CONSISTENCY AND EQUITY AS WELL AS COMPARABILITY WITH EXTERNAL MARKET DATA. SALARIES OF COLLEGE OFFICERS AND KEY EMPLOYEES WERE LAST REVIEWED BY THE MILLS COLLEGE BOARD OF TRUSTEES EXECUTIVE COMMITTEE AT THEIR APRIL 27, 2021 MEETING AND THE COMMITTEE REPORTED ON THEIR MEETING TO THE BOARD OF TRUSTEES ON MAY 14, 2021. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT 2,060,416. CHARITABLE REMAINDER TRUSTS (2) CHARITABLE GIVING CA MILLS COLLEGE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0