2022-04-13T12:43:34-05:00 2021-05-31 KPMG LLP 8350 BROAD ST SUITE 900 MCLEAN VA 22102 990 2020-06-01 231352641 GETTYSBURG COLLEGE % FIN & ADMIN GETT 7173376200 300 N WASHINGTON ST GETTYSBURG PA 17325 Daniel Konstalid VP FOR FIN & ADMIN 7173376200 2021-04-15 true Daniel Konstalid XXX-XX-XXXX MARGARET A BRADSHAW P00501222 7072868399 2 2020 2022-09-23 18:48:47Z Daniel Konstalid 300 N WASHINGTON ST GETTYSBURG PA 17325 260539589 false X WWW.GETTYSBURG.EDU X 1832 PA SEE SCHEDULE O - ATTACHMENT 1 32 31 2319 704 87200 0 9708758 19128408 173962658 155031878 10647015 18918538 2455123 1480131 196773554 194558955 75218397 80981852 0 0 81361912 70410187 0 0 4135093 46599996 49720864 203180305 201112903 -6406751 -6553948 570755194 642270729 129409519 127828000 441345675 514442729 X GETTYSBURG COLLEGE IS A HIGHLY SELECTIVE NATIONAL, FOUR-YEAR RESIDENTIAL, UNDERGRADUATE COLLEGE OF THE LIBERAL ARTS AND SCIENCES. WITH A STUDENT BODY OF APPROXIMATELY 2,550. THE COLLEGE IS LOCATED ON A 200-ACRE CAMPUS ADJACENT TO THE GETTYSBURG NATIONAL MILITARY PARK IN PENNSYLVANIA. GETTYSBURG COLLEGE PREPARES STUDENTS FROM ACROSS THE NATION AND AROUND THE GLOBE TO PURSUE LIVES OF PERSONAL AND PROFESSIONAL FULFILLMENT AND TO ENGAGE THE COMPLEX QUESTIONS OF OUR TIME THROUGH EFFECTIVE LEADERSHIP AND SOCIALLY RESPONSIBLE CITIZENSHIP. false false 181592364 80981852 156451467 UNDERGRADUATE EDUCATION OF STUDENTS 181592364 true true false true false false false false false true true true false true true true false true true false true false true false true false false false true true true false false false false false false false false true false true true false false true true true true true false true 3470 0 true 2319 true true true false false false false true true false false false false false false X 32 31 false false false false false false false true true false false true true true true true true true true false CA FL GA IL IN ME MD MN NH NY OK OR PA VA X FIN ADMIN 7173376200 300 N WASHINGTON ST GETTYSBURG PA 17325 X ROBERT IULIANO PRESIDENT 40.0 0.0 X X 516744 0 126603 DANIEL T KONSTALID VP FOR FINANCE & ADMIN/TREAS 40.0 0.0 X 303641 0 59781 BARBARA FRITZE VP FOR ENROLLMENT & EDU SRVS 40.0 0.0 X 281736 0 42763 CLARENCE MULLIS III VP FOR COLLEGE ADVANCEMENT 40.0 0.0 X 259235 0 54417 CHRISTOPHER ZAPPE PROVOST 40.0 0.0 X 248167 0 62413 RODNEY TOSTEN VP FOR INFORMATION TECHNOLOGY 40.0 0.0 X 249030 0 44724 SUSAN EISENHOWER CHAIRMAN/LDRSHP/PUBLIC POLICY 40.0 0.0 X 260893 0 31834 JULIE RAMSEY VP FOR COLLEGE LIFE/DEAN STDNT 40.0 0.0 X 248499 0 33548 CHARLES EMMONS FACULTY / SOCIOLOGY 40.0 0.0 X 232923 0 30797 JEANNE ARNOLD CHIEF DIVERSITY OFFICER 40.0 0.0 X 183206 0 23828 JANE NORTH FORMER EXECUTIVE VICE PRESIDEN 40.0 0.0 X 168700 0 38299 CHRISTOPHER DELANEY ASSOC VP FOR FIN/ASSOC TREAS 40.0 0.0 X 179376 0 27101 JOHN RYAN VICE PROVOST 40.0 0.0 X 172129 0 28264 KRISTIN STUEMPFLE CHIEF OF STAFF/STRATEGIC ADVIS 40.0 0.0 X 163060 0 23945 PETER NORTH DIR OF AUXILIARY SERVICES 40.0 0.0 X 170695 0 14487 ELIZABETH DIEHL FORMER INTERIM VP COLLEGE ADV 40.0 0.0 X 165125 0 14716 JEFFREY FOSTER INTERIM VP FOR COLLEGE LIFE 40.0 0.0 X 144866 0 20635 JANET M RIGGS FORMER PRESIDENT 40.0 0.0 X 121526 0 8065 J GORDON BEITTENMILLER TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH A BIERNAT TRUSTEE 1.0 0.0 X 0 0 0 DAVID BRENNAN TRUSTEE 1.0 0.0 X 0 0 0 LAUREN WISE BRIGHT TRUSTEE 1.0 0.0 X 0 0 0 JENNIFER FISHER BRYANT TRUSTEE 1.0 0.0 X 0 0 0 A BRUCE CHAMBERLIN TRUSTEE 1.0 0.0 X 0 0 0 LORI KONO CLAPP TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN K CLOETINGH TRUSTEE 1.0 0.0 X 0 0 0 MARSHA HOFFMAN COMEGNO TRUSTEE 1.0 0.0 X 0 0 0 ENID WEDEMEYER CORKRAN TRUSTEE 1.0 0.0 X 0 0 0 MALCOLM L COWEN II TRUSTEE 1.0 0.0 X 0 0 0 FLORA D DARPINO TRUSTEE 1.0 0.0 X 0 0 0 TERENCE TROY DATCHER TRUSTEE 1.0 0.0 X 0 0 0 JOHN F FAY TRUSTEE 1.0 0.0 X 0 0 0 TERRI L GARNICK TRUSTEE 1.0 0.0 X 0 0 0 JAMES N HESTON TRUSTEE 1.0 0.0 X 0 0 0 LINDSAY MUSSER HOUGH TRUSTEE 1.0 0.0 X 0 0 0 ERIC B LINT TRUSTEE 1.0 0.0 X 0 0 0 MATTHEW G MCDEVITT TRUSTEE 1.0 0.0 X 0 0 0 KATHRYN A MORRIS TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY C OAK TRUSTEE 1.0 0.0 X 0 0 0 BRIAN S ORSINGER TRUSTEE 1.0 0.0 X 0 0 0 ANDREW M PARKER TRUSTEE 1.0 0.0 X 0 0 0 DAVID SALISBURY TRUSTEE 1.0 0.0 X 0 0 0 RICHARD L SCHEFF TRUSTEE 1.0 0.0 X 0 0 0 JOAN FISCHER SCHWEIZER TRUSTEE 1.0 0.0 X 0 0 0 CHARLES T SCOTT TRUSTEE 1.0 0.0 X 0 0 0 DAVID M SIBLEY TRUSTEE 1.0 0.0 X 0 0 0 W JEFFREY SIEGFRIED TRUSTEE 1.0 0.0 X 0 0 0 CRAIG R SWANSON TRUSTEE 1.0 0.0 X 0 0 0 LARRY D WALKER TRUSTEE 1.0 0.0 X 0 0 0 4069551 0 686220 102 true true false MCNEES WALLACE NURICK 1 S CHURCH STREET HAZLETON PA 18201 LEGAL COUNSEL 353387 BARBARA ENTWISTLE 1260 TABLE ROCK ROAD GETTYSBURG PA 17325 LANDLORD 159097 KPMG LLP 20 NORTH 3RD ST SUITE 1000 HARRISBURG PA 17101 AUDITOR 145726 KACHIN INTERNATIONAL LLC 100 WEST ELM STREET PALMYRA PA 17078 DINING VENDOR 130235 PROQUEST LLC 6216 PAYSPHERE CIRCLE CHICAGO IL 60674 ELECTRONIC PUBLISHER 127376 7 12750 102227 5896265 13117166 2719861 19128408 TUITION AND FEES 900099 136631210 136631210 AUXILIARY SERVICES 900099 18387535 18387535 CONFERENCES AND CONVENTIONS 611710 3900 3900 THEATER 711110 9233 1045 8188 155031878 3665689 79012 3586677 0 0 62757 62757 0 62757 62757 81189167 0 65916886 19432 15272281 -19432 15252849 15252849 42101 102227 44316 -2215 -2215 0 0 0 0 0 0 WORKSHOP FEES 900099 9089 9089 ADMINISTRATIVE FEES 900099 53026 53026 STUDENT LOAN INTEREST 900099 87030 87030 1270444 1270444 1419589 194558955 156443279 87200 18900068 0 79848879 79848879 1132973 1132973 0 2908433 1655246 743273 509914 12420 12420 51165838 42604140 6312275 2249423 2658270 2077549 441164 139557 9466989 8062819 857896 546274 4198237 3179977 778333 239927 0 345119 345119 144747 9485 135262 0 0 566145 566145 7439235 6176793 1185059 77383 173581 124798 48783 8625447 7166514 1245343 213590 2011684 1046880 957961 6843 0 9306739 8575217 650879 80643 339001 315510 21959 1532 0 228856 182150 42429 4277 2771479 2771479 0 11368574 10527515 789182 51877 787483 745260 39428 2795 OFF CAMPUS STUDY 1656716 1656716 DINING AND VENDING 2711434 2701604 9506 324 SUBSCRIPTIONS AND MEMBERSHIPS 497472 288904 197950 10618 ADMINISTRATIVE FEES 139845 122345 17500 0 607307 607191 116 201112903 181592364 15385446 4135093 X 3278796 3994241 90051855 87242393 3620390 3427815 377257 1502063 0 0 0 0 0 0 153471 120951 2268699 2040602 390495875 214075679 184511917 176420196 186726813 249960899 63308926 71477430 3939673 3438844 0 2293776 32517397 40351519 570755194 642270729 18144757 18606224 0 0 516784 967773 76052737 75894709 0 0 0 0 7117111 7404452 0 0 27578130 24954842 129409519 127828000 X 209300644 220249649 232045031 294193080 441345675 514442729 570755194 642270729 X -6553948 80090682 -439680 X false true X true true true X 21588345 17790915 11677443 9708758 19128408 79893869 0 0 21588345 17790915 11677443 9708758 19128408 79893869 1408811 78485058 4690719 5884261 6544634 6856082 3728446 27704142 0 65367 57116 34200 23012 42101 221796 107819807 849740749 0.72793 0.69963 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 583 false true 583 false FORM 990, SCHEDULE C, PART II-B, LINE 1G GETTYSBURG COLLEGE STAFF FROM TIME TO TIME SEND LETTERS TO OR MEET WITH POLITICAL REPRESENTATIVES EXPRESSING OPINIONS ON CERTAIN LEGISLATION AND TOPICS RELATED TO HIGHER EDUCATION. THE ESTIMATED AMOUNT OF EXPENSES INCURRED FOR THESE ACTIVITIES DURING THE CURRENT FISCAL YEAR WAS $583. FORM 990, SCHEDULE C, PART II-B, LINE 1I GETTYSBURG COLLEGE PAYS DUES TO VARIOUS ORGANIZATIONS, SOME PORTION OF WHICH MAY BE USED IN CONNECTION WITH LOBBYING ACTIVITIES RELATED TO ISSUES THAT IMPACT HIGHER EDUCATION. 322736790 7485065 96749227 7129772 11342457 408498853 324181464 3333368 6215586 3759031 7234597 322736790 331220428 5723015 -1338043 3519307 7904629 324181464 313816062 5508588 20948978 3223251 5829949 331220428 282922994 9614508 31696071 3049711 7367800 313816062 0.29000 0.49000 0.22000 true false 4901721 4901721 315732404 165423147 150309257 68767446 48652532 20114914 1094304 1094304 176420196 HEDGE FUNDS 23782529 F REAL ASSETS 16461661 F PRIVATE EQUITY 31233240 F 71477430 FUNDS HELD IN TRUST BY OTHERS 40351519 40351519 0 STUDENT ADV. PYMT & DEPOSITS 3388024 ADVANCES FROM FEDERAL GOV'T 916086 DEP HELD IN CUSTODY FOR OTHERS 726941 ANNUITIES PAYABLE 4859158 ACCRUED POST RETIREMENT COSTS 12770857 RIGHT-OF-USE LIABILITES 2293776 24954842 X SCHEDULE D, PART V, LINE 4, ENDOWMENT FUNDS ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD, AS WELL AS DESIGNATED FUNDS. 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 PURCHASING POWER OF THE ENDOWMENT ASSETS OVER TIME. ENDOWMENT SPENDING SUPPORTS OPERATIONS OF THE COLLEGE INCLUDING SCHOLARSHIPS AND INSTRUCTIONAL, ACADEMIC SUPPORT AND STUDENT SERVICES ACTIVITIES AS SPECIFICALLY RESTRICTED BY THE DONOR OR OTHERWISE DESIGNATED. SCHEDULE D, PART X, LINE 2 THE COLLEGE IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR PROFIT EDUCATIONAL INSTITUTION AND, THEREFORE, QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR EXEMPTION FROM FEDERAL INCOME TAX ON ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 GETTYSBURG COLLEGE'S NONDISCRIMINATORY POLICY IS AVAILABLE ON THE COLLEGE'S WEBSITE. GETTYSBURG COLLEGE SEEKS HIGHLY MOTIVATED STUDENTS WITH A STRONG RECORD OF HIGH SCHOOL ACCOMPLISHMENTS. STUDENTS COME FROM DIVERSE ETHNIC, RELIGIOUS, ECONOMIC AND GEOGRAPHIC BACKGROUNDS. THE ADMISSIONS STAFF RECRUITS BOTH NATIONALLY AND INTERNATIONALLY WHICH RESULTED IN A STUDENT BODY COMING FROM 41 STATES AND 36 FOREIGN COUNTRIES FOR THE 2020-21 ACADEMIC YEAR. SCHEDULE E, PART I, LINE 6A FEDERAL FUNDS ARE RECEIVED FOR STUDENT FINANCIAL AID PACKAGES, RESEARCH, AND OTHER PROGRAMS. GETTYSBURG COLLEGE PARTICIPATES IN THE FOLLOWING FEDERAL STUDENT FINANCIAL AID PROGRAMS: FEDERAL PELL, FSEOG, FEDERAL WORK STUDY, AND FEDERAL DIRECT LOAN PROGRAMS. true East Asia and the Pacific Grantmaking 34786 Europe (Including Iceland and Greenland) Grantmaking 948128 Middle East and North Africa Grantmaking 122060 South Asia Grantmaking 18000 Sub-Saharan Africa Grantmaking 10000 East Asia and the Pacific Program Services Education 2657 Europe (Including Iceland and Greenland) Program Services Education 4240 Central America and the Caribbean Program Services Research 734 East Asia and the Pacific Program Services Research 2266 North America Program Services Research 750 East Asia and the Pacific Program Services Study Abroad 113671 Europe (Including Iceland and Greenland) Program Services Study Abroad 1025230 Middle East and North Africa Program Services Study Abroad 118143 South Asia Program Services Study Abroad 43870 Sub-Saharan Africa Program Services Study Abroad 20036 Central America and the Caribbean Investments 15039069 Europe (Including Iceland and Greenland) Investments 252269 Central America and the Caribbean Fundraising 2580 East Asia and the Pacific Fundraising 35160 Europe (Including Iceland and Greenland) Fundraising 36212 North America Fundraising 570 17755909 74522 17830431 COLLEGE GRANT East Asia and the Pacific 2 34786 FIN AID FMV COLLEGE GRANT Europe (Including Iceland and Greenland) 54 948128 FIN AID FMV COLLEGE GRANT Middle East and North Africa 6 122060 FIN AID FMV COLLEGE GRANT South Asia 2 18000 FIN AID FMV COLLEGE GRANT Sub-Saharan Africa 1 10000 FIN AID FMV true false true true true false SCHEDULE F, PART I, LINE 2 GRANTS ISSUED BY GETTYSBURG COLLEGE ARE PRIMARILY IN THE FORM OF FINANCIAL AID FOR WORTHY AND PROMISING STUDENTS WHO ARE UNABLE TO FINANCE THEIR EDUCATION FROM PERSONAL AND/OR FAMILY RESOURCES. ACCESS TO SUCH AID IS CONSIDERED A PRIVILEGE, NOT A RIGHT. THE QUALIFICATIONS FOR ASSISTANCE, IN ADDITION TO NEED, ARE ACADEMIC ABILITY, ACADEMIC ACHIEVEMENT, AND PROMISE OF CONTRIBUTION AS A STUDENT AND CITIZEN. FINANCIAL AID GRANTS TO STUDENTS ARE DIRECTLY APPLIED BY THE COLLEGE TO OFFSET BILLED AMOUNTS (I.E.TUITION) ON THE STUDENT'S ACCOUNT, THEREBY REDUCING THE NET BALANCE DUE TO THE COLLEGE. SCHEDULE F, PART I, LINE 3, COLUMN F GETTYSBURG COLLEGE USES THE ACCRUAL METHOD OF ACCOUNTING FOR EXPENDITURES. INVESTMENTS ARE REPORTED AT FAIR VALUE IN ACCORDANCE WITH ACCOUNTING STANDARDS. WHENEVER AVAILABLE, QUOTATIONS FROM ORGANIZED SECURITY EXCHANGES ARE USED AS THE BASIS OF FAIR VALUE. FOR INVESTMENTS NOT TRADED ON ORGANIZED EXCHANGES, THEIR NET ASSET VALUE (NAV) PER SHARE OR EQUIVALENT HAVE BEEN USED AS A PRACTICAL EXPEDIENT FOR DETERMINING FAIR VALUE AND ARE SUBJECT TO ADDITIONAL UNCERTAINTY. THEREFORE, VALUES REALIZED UPON DISPOSITION MAY VARY SIGNIFICANTLY FROM CURRENTLY REPORTED VALUES. ORANGE & BLUE 144328 102227 42101 44316 0 144328 102227 42101 44316 44316 -2215 true GRANTS AND SCHOLARSHIPS PAID 2312 77347395 FMV FINANCIAL AID OFF CAMPUS GRANTS AND OTHER ASSISTANCE 8 136136 FMV FINANCIAL AID PRIZES AND AWARDS 111 75757 FMV FELLOWSHIPS 980 2289591 FMV SCHEDULE I, PART I, LINE 2 GETTYSBURG COLLEGE'S FINANCIAL AID PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ARE DESCRIBED ON SCHEDULE F, PART V. X true true X X X X X false false false false false false false false false ROBERT IULIANO PRESIDENT 514938 0 0 0 1806 0 85865 0 41619 0 644228 0 0 0 DANIEL T KONSTALID VP FOR FINANCE & ADMIN/TREAS 277382 0 25000 0 1259 0 28810 0 32144 0 364595 0 0 0 BARBARA FRITZE VP FOR ENROLLMENT & EDU SRVS 270323 0 0 0 11413 0 25733 0 19943 0 327412 0 0 0 CLARENCE MULLIS III VP FOR COLLEGE ADVANCEMENT 258510 0 0 0 725 0 23181 0 31897 0 314313 0 0 0 RODNEY TOSTEN VP FOR INFORMATION TECHNOLOGY 247020 0 0 0 2010 0 22359 0 23526 0 294915 0 0 0 JULIE RAMSEY VP FOR COLLEGE LIFE/DEAN STDNT 218812 0 5000 0 24687 0 15456 0 19795 0 283750 0 0 0 CHRISTOPHER ZAPPE PROVOST 246464 0 0 0 1703 0 25009 0 38255 0 311431 0 0 0 JEANNE ARNOLD CHIEF DIVERSITY OFFICER 167135 0 0 0 16071 0 14058 0 10424 0 207688 0 0 0 KRISTIN STUEMPFLE CHIEF OF STAFF/STRATEGIC ADVIS 162596 0 0 0 464 0 13378 0 11146 0 187584 0 0 0 JANET M RIGGS FORMER PRESIDENT 118591 0 0 0 2935 0 -2193 0 10966 0 130299 0 0 0 ELIZABETH DIEHL FORMER INTERIM VP COLLEGE ADV 164248 0 0 0 877 0 13664 0 1659 0 180448 0 0 0 JANE NORTH FORMER EXECUTIVE VICE PRESIDEN 155717 0 0 0 12983 0 15390 0 24146 0 208236 0 0 0 SUSAN EISENHOWER CHAIRMAN/LDRSHP/PUBLIC POLICY 256031 0 0 0 4862 0 24754 0 7914 0 293561 0 0 0 CHARLES EMMONS FACULTY / SOCIOLOGY 232593 0 0 0 330 0 12706 0 18342 0 263971 0 0 0 CHRISTOPHER DELANEY ASSOC VP FOR FIN/ASSOC TREAS 178785 0 0 0 591 0 15728 0 12047 0 207151 0 0 0 JOHN RYAN VICE PROVOST 169188 0 0 0 2941 0 13984 0 14922 0 201035 0 0 0 PETER NORTH DIR OF AUXILIARY SERVICES 169269 0 0 0 1426 0 14117 0 720 0 185532 0 0 0 JEFFREY FOSTER INTERIM VP FOR COLLEGE LIFE 134597 0 10000 0 269 0 10068 0 11126 0 166060 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT IS PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. THE COST OF HOUSING IS EXCLUDED FROM COMPENSATION UNDER IRC SECTION 119(D). HOUSING IS MADE AVAILABLE TO THE VICE PRESIDENT FOR ENROLLMENT AND EDUCATION SERVICES AND THE CHIEF DIVERSITY OFFICER. THE VALUE OF HOUSING IS INCLUDED AS REPORTABLE COMPENSATION FOR SCHEDULE J. A ADAMS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232988777 006116BQ9 2013-07-24 18584772 REFINANCING false false false A 0 0 18584722 0 0 0 266775 0 0 0 18317947 0 2013 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false true false false false 0 false 0 false true A true Schedule K, Part II, Line 3 - Gettysburg Municiple Authority DIFFERENCE BETWEEN ISSUE PRICE NOTED IN PART 1 AND TOTAL PROCEEDS OF ISSUE IN PART II IS DUE TO INVESTMENT EARNINGS ON FUNDS. Schedule K, Part IV, Line 2C - Rebate Computation Performed 2013 ISSUANCE - JULY 24, 2014 2017 ISSUANCE - MAY 31, 2021 2020 ISSUANCE - N/A A GETTYSBURG MUNICIPAL AUTHORITY 256010768 374311DR6 2017-02-15 20330847 FINANCING CAPITAL IMPROVEMENTS false false false A 0 0 20566062 0 0 0 320338 0 0 20245725 0 0 2018 false false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false true false false false 0 false 0 false true A true A ADAMS COUNTY GENERAL AUTHORITY 813735002 00611PAU9 2020-07-16 38222271 Refinancing false false false A 0 0 38222271 0 0 0 477589 0 0 0 37744682 0 2020 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false true false false false 0 false 0 false true A true PETER NORTH SPOUSE OF FORMER OFFICER 125683 EMPLOYEE COMPENSATION false SUSAN KONSTALID SPOUSE OF OFFICER 12420 EMPLOYEE COMPENSATION false X 1 56250 FMV/APPRAISAL X 63 FMV X 58 2656373 FMV X SUPPLIES 1 7175 FMV 1 false true false Schedule M, Part II 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. FORM 990, PART VI, SECTION A, LINE 11A THE FORM 990 IS PREPARED BY GETTYSBURG COLLEGE AND IS REVIEWED BY COLLEGE MANAGEMENT AND AN INDEPENDENT TAX FIRM FOR COMPLETENESS AND ACCURACY. PRIOR TO FILING, FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA THE BOARD PORTAL. IN ADDITION, MANAGEMENT SPECIFICALLY MEETS WITH THE AUDIT, COMPLIANCE AND RISK COMMITTEE TO REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE MONITORS AND ENFORCES ITS CONFLICT OF INTERST POLICY THROUGH THE USE OF AN ANNUAL SIGNED STATEMENT FROM TRUSTEES, ADMINISTRATIVE OFFICERS, DEPARTMENT DIRECTORS AND CHAIRPERSONS. BY SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT, AN INDIVIDUAL CERTIFIES THAT THEY HAVE REVIEWED THE COLLEGE'S CONFLICT OF INTEREST POLICY, ACKNOWLEDGED RESPONSIBILITY TO PLACE THE INTEREST OF THE COLLEGE ABOVE PERSONAL INTEREST IN EXECUTING DUTIES, AND DISCLOSED ANY POSSIBLE PERSONAL, FAMILIAL, AND/OR BUSINESS RELATIONSHIPS THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING GETTYSBURG COLLEGE. COMPLETION OF THE FORM IS ALSO ACKNOWLEDGEMENT THAT INDIVIDUALS HAVE A RESPONSIBILITY UNDER THE POLICY TO ADVISE THE BOARD OF ANY SIGNIFICANT CHANGES. TRUSTEES, ADMINISTRATIVE OFFICERS, OR DIRECTORS WHO HAVE A CONFLICT OF INTEREST IN A PROPOSED TRANSACTION ARE REQUIRED TO REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE TRANSACTION. ADDITIONAL RESTRICTIONS ON TRANSACTIONS BETWEEN THE COLLEGE AND (I) A TRUSTEE, (II) A FAMILY MEMBER OF A TRUSTEE, (III) MEMBER OF THE PRESIDENT'S COUNCIL, (IV) A FAMILY MEMBER OF A MEMBER OF THE PRESIDENT'S COUNCIL, OR (V) ANY ORGANIZATION WITH WHOM ANY OF THE FOREGOING PERSONS HAVE A BUSINESS RELATIONSHIP (COLLECTIVELY A "DISQUALIFIED PARTY") EXIST. AS A GENERAL POLICY, THE COLLEGE SHALL NOT TRANSACT BUSINESS WITH A DISQUALIFIED PARTY, AND NO DISQUALIFIED PARTY SHALL SOLICIT BUSINESS FROM THE COLLEGE IF IT WOULD CREATE A POTENTIAL CONFLICT OF INTEREST. CERTAIN EXCEPTIONS APPLY AS SPECIFIED IN THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 A AND B THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE ECC) IS CHARGED WITH THE RESPONSIBILITY TO REGULARLY REVIEW AND RECOMMEND TO THE BOARD OF TRUSTEES FOR APPROVAL ADJUSTMENTS TO THE COMPENSATION OF THE PRESIDENT. THE ECC IS FURTHER CHARGED WITH THE RESPONSIBILITY TO BE FULLY INFORMED ABOUT AND RATIFY THE COMPENSATION STATUS FOR EACH OF THE OTHER OFFICERS, BASED ON THE RECOMMENDATIONS OF THE PRESIDENT. TO ASSIST IN THE ASSESSMENT OF REASONABLENESS FOR COMPENSATION ADJUSTMENTS FOR THE PRESIDENT AND OTHER OFFICERS, THE ECC PERIODICALLY RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO COMPILE A COMPENSATION STUDY WHICH RELIES ON MARKET DATA RELEVANT IN SCOPE AND SCALE TO OPERATING RESPONSIBILITIES WITHIN THE COLLEGE. THE COMPENSATION STUDY, PERFORMANCE REVIEWS AND COMPENSATION PLANS ARE REVIEWED AND ENDORSED DURING AN ECC MEETING. A SUMMARY OF RECOMMENDATIONS FOR THE PRESIDENT'S COMPENSATION IS SHARED WITH THE FULL BOARD OF TRUSTEES. COMPENSATION DECISIONS ARE REFLECTED IN SALARY LETTERS AND AMENDMENTS TO THE PRESIDENT'S EMPLOYMENT AGREEMENT AS NECESSARY. DELIBERATIONS AND DECISIONS ARE FORMALLY DOCUMENTED IN THE MINUTES WHICH ARE MAINTAINED FOR ALL ECC MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 GETTYSBURG COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: $(566,645) POST RETIREMENT RELATED CHANGES: (70,723) CHANGE IN SURRENDER VALUE OF LIFE INSURANCE: 22,704 CHANGE IN NET ASSETS OF RELATED ENTITIES: 661,214 DISREGARDED ENTITY: (486,230) _____________ TOTAL PART XI, LINE 9 $(439,680) GETTYSBURG HOTEL MANAGEMENT LLC 300 NORTH WASHINGTON STREET GETTYSBURG PA 17325 412224678 REAL ESTATE PA 486230 4780396 GETTYSBURG C GETTYSBURG GREAT PRODUCTIONS LLC 300 NORTH WASHINGTON STREET GETTYSBURG PA 17325 900845620 FILM PRDN PA 2540 137606 GETTYSBURG C EMPLOYER-CONTRIBUTION VEBA TRUST 300 NORTH WASHINGTON STREET GETTYSBURG PA 17325 043838440 VEBA TRUST PA 501(C)(9) N/A GETTYSBURG C false EMPLOYEE-CONTRIBUTION VEBA TRUST 300 NORTH WASHINGTON STREET GETTYSBURG PA 17325 043838463 VEBA TRUST PA 501(C)(9) N/A GETTYSBURG C false GETTYSBURG HOTEL INVESTORS LP ONE LINCOLN SQUARE GETTYSBURG PA 17325 232571553 REAL ESTATE PA SEE PART VII EXCL. UNDER IRC 512 486230 5630706 false false BULLET LAND INC 300 NORTH WASHINGTON STREET GETTYSBURG PA 17325 232530522 REAL ESTATE PA GETTYSBURG COL C CORP 261816 382322 1.00000 true MAJESTIC CONCESSIONS CORP 25 N CARLISLE STREET GETTYSBURG PA 17325 753195760 CONCESSIONS PA GETTYSBURG COL C CORP 0 42200 1.00000 true GETTYSBURG HOTEL INC ONE LINCOLN SQUARE GETTYSBURG PA 17325 232678413 HOTEL SERVICE PA BULLET LAND INC C CORP CHARITABLE ANNUITY TRUSTS (2) ANNUITY PA NA TRUST CHARITABLE UNITRUSTS (8) ANNUITY PA NA TRUST POOLED INCOME FUND (2) ANNUITY PA NA TRUST true false false true false false false false false false true true true false false false false true true GETTYSBURG HOTEL INVESTORS LP A 380646 FMV GETTYSBURG HOTEL INVESTORS LP D 6901846 FMV EMPLOYER-CONTRIBUTION VEBA TRUST R 260063 FMV EMPLOYEE-CONTRIBUTION VEBA TRUST R 57769 FMV GETTYSBURG HOTEL INC K 3061500 FMV GETTYSBURG HOTEL INC M 188195 FMV GETTYSBURG HOTEL INVESTORS LP S 80000 FMV SCHEDULE R, PART III, COLUMN A, LINE 1 EIN: 23-2571553 SCHEDULE R, PART III, COLUMN D DIRECT CONTROLLING ENTITIES OF GETTYSBURG HOTEL INVESTORS, LP ARE: BULLET LAND, INC. GETTYSBURG HOTEL MANAGEMENT LLC