2021-03-19T09:46:00-05:00 2020-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2019-07-01 236002304 CORPORATION OF HAVERFORD COLLEGE CORP 6108961223 370 LANCASTER AVENUE HAVERFORD PA 190411392 MITCHELL L WEIN SR VP ADMIN/FINANCE, TREASURER 6108961223 2021-03-18 1 CRAIG KLEIN P00734640 6177610600 2021-03-18 2019 2022-09-23 18:48:47Z HAVERFORD COLLEGE WENDY E RAYMOND 370 LANCASTER AVENUE HAVERFORD PA 190411392 259362422 0 X WWW.HAVERFORD.EDU X 1833 PA LEADING LIBERAL ARTS COLLEGE KNOWN FOR: ACADEMIC RIGOR, HONOR CODE & A BEAUTIFUL ARBORETUM CAMPUS 32 31 1964 1045 -1180276 0 24190117 22218402 98882983 100147083 25667646 16352944 669796 52764 149410542 138771193 31297550 32166983 0 0 61296772 64244869 0 0 4088601 46570760 44151364 139165082 140563216 10245460 -1792023 774945833 752081702 171182145 176390872 603763688 575690830 X HAVERFORD COLLEGE IS COMMITTED TO PROVIDING A LIBERAL ARTS EDUCATION IN THE BROADEST SENSE. THIS EDUCATION, BASED ON A RICH ACADEMIC CURRICULUM AT ITS CORE, IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE AND A CONCERN FOR INDIVIDUAL GROWTH. HAVERFORD HAS CHOSEN TO REMAIN SMALL AND TO FOSTER A CLOSE STUDENT/FACULTY RELATIONSHIP TO ACHIEVE THESE OBJECTIVES. THE COLLEGE'S RIGOROUS ACADEMIC PROGRAM IS FLEXIBLE IN FORM AND CONTENT TO MEET THE NEEDS OF INDIVIDUAL STUDENTS, AND RESTS ON THE ASSUMPTION THAT THE ABLE STUDENTS WHO COME HERE WILL USE THEIR CAPABILITIES FULLY. HAVERFORD'S FACULTY IS NOTED FOR ITS STRENGTH IN BOTH SCHOLARSHIP AND TEACHING, AND ITS MEMBERS EXPECT TO TRANSMIT TO STUDENTS THEIR ENTHUSIASM AND HIGH STANDARDS. THE FACULTY MEMBERS ARETEACHING AT AN UNDERGRADUATE COLLEGE OF ARTS AND SCIENCES BY CHOICE, AND THEY EXPECT TO LEARN, AS WELL AS TO TEACH, IN THIS CLOSE RELATIONSHIP WITH UNDERGRADUATES. 0 0 82522758 32166983 76893113 THE COLLEGE'S ACADEMIC RELATED EXPENDITURES INCLUDE INSTRUCTION (UNDERGRADUATE LIBERAL ARTS), ACADEMIC SUPPORT, FINANCIAL AID, AND RESEARCH EXPENDITURES. THESE EXPENSES SUPPORTED 1,419 STUDENT FTE AND 175.4 FACULTY FTE. THE COLLEGE CONFERRED 324 DEGREES IN 19/20. RESEARCH STIPENDS TOTALING $579,810 WERE AWARDED TO 261 STUDENTS. THE MAJORITY OF RESEARCH AWARDS ARE IN THE NATURAL SCIENCES. FEDERAL FUNDS SUPPORTED 23 GRANTS. OTHER SUPPORT FOR RESEARCH COMES FROM PRIVATE FOUNDATIONS, DONOR DESIGNATED FUNDS AND INTERNALLY DESIGNATED (UNRESTRICTED) FUNDS.THE COLLEGE ALSO SPENT FUNDS ON FINANCIAL AID: HAVERFORD COLLEGE GRANTS TOTALING $29,082,071 WERE AWARDED TO 632 STUDENTS AND FSEOG GRANTS TOTALING $191,870 WERE RECEIVED BY 101 STUDENTS. 20905116 20516761 AUXILIARY ENTERPRISES (DORMS, DINING CENTER, FACULTY HOUSING, AND CONFERENCE PROGRAM) HAVERFORD IS A RESIDENTIAL INSTITUTION WHERE MOST OF THE STUDENT BODY LIVE ON CAMPUS AND ACTIVELY PARTICIPATES IN CAMPUS LIFE. THE DORMS HOUSED AN AVERAGE OF 1,292 STUDENTS; AND AN AVERAGE OF 1,164 WERE ON A MEAL PLAN. HAVERFORD PROVIDED 69 SPACES FOR RENT TO THE FACULTY TO FOSTER EDUCATIONAL INTERACTION WITH STUDENTS. 16888374 307175 STUDENT SERVICES - DEAN, REGISTRAR, COUNSELING, CAREER DEVELOPMENT, HEALTH SERVICES, ATHLETICS, DISABILITY SERVICES, SECURITY AND MISCELLANEOUS SERVICES. WHILE THESE OFFICES SUPPORT STUDENT HEALTH, DEVELOPMENT AND WELL-BEING IN DIFFERENT WAYS, THEY ALL SHARE AN APPROACH THAT IS BASED ON RESPECT FOR STUDENT CHOICES AND A FUNDAMENTAL COMMITMENT TO THE IMPORTANCE OF EDUCATION IN THE DECISION-MAKING PROCESS. THE STAFF OF THESE OFFICES ARE COMMITTED TO HELPING STUDENTS ACHIEVE THEIR POTENTIAL BOTH AS INDIVIDUALS AND AS MEMBERS OF THE COMMUNITY. THE RECENT 6-YEAR GRADUATION RATES FOR THE COLLEGE HAVE BEEN 90% OR HIGHER. BASED ON THE ENTIRE CLASS OF 2019, 14% PROCEEDED DIRECTLY TO GRADUATE/PROFESSIONAL SCHOOL AND 69% WERE EMPLOYED, UNDERTAKING VOLUNTEER WORK OR AWARDED A FELLOWSHIP WITHIN SIX MONTHS OF GRADUATION. IN ADDITION, HAVERFORD COLLEGE GRADUATES EARNED A TOTAL OF 426 DOCTORATES FOR THE 10 YEAR PERIOD (2008-2017), WHICH EQUATES TO A 14.4% RATE OF DOCTORAL PRODUCTION. THIS RATE PLACES HAVERFORD COLLEGE 7TH AMONG ALL LIBERAL ARTS COLLEGES FOR THIS TIME PERIOD. 120316248 1 1 0 1 0 1 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 1 X 2470 0 1 1964 1 1 1 1 UK 0 0 0 0 0 0 0 0 0 0 0 0 0 X 32 31 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 KY MD MA MI NH NJ NY OH OK OR SC X X MITCHELL L WEIN 6108961223 370 LANCASTER AVENUE HAVERFORD PA 190411392 MARK G ANDERSON BOARD OF MANAGERS 2.00 X 0 0 0 STEVEN L BEGLEITER BOARD OF MANAGERS 2.00 X 0 0 0 SETH P BERNSTEIN BOARD OF MANAGERS 2.00 X 0 0 0 JAMES L BOYER BOARD OF MANAGERS 2.00 X 0 0 0 ANJAN K CHATTERJEE BOARD OF MANAGERS 2.00 X 0 0 0 JONATHAN WOOD EVANS BOARD OF MANAGERS 2.00 X 0 0 0 JONATHAN M GAMSE BOARD OF MANAGERS 2.00 X 0 0 0 CHRISTOPHER T GANT BOARD OF MANAGERS 2.00 X 0 0 0 BRUCE D GORCHOW BOARD OF MANAGERS 2.00 X 0 0 0 CLAUDIA L HAMMERMAN BOARD OF MANAGERS 2.00 X 0 0 0 ROGER B KAFKER BOARD OF MANAGERS 2.00 X 0 0 0 DON LIU BOARD OF MANAGERS 2.00 X 0 0 0 BEATRICE MITCHELL BOARD OF MANAGERS 2.00 X 0 0 0 NORVAL D REECE BOARD OF MANAGERS 2.00 X 0 0 0 HENRY J RITCHOTTE BOARD OF MANAGERS 2.00 X 0 0 0 ANN V SATTERTHWAITE BOARD OF MANAGERS 2.00 X 0 0 0 SHIBU SHIBULAL BOARD OF MANAGERS 2.00 X 0 0 0 JANE SILBER BOARD OF MANAGERS 2.00 X 0 0 0 JOHN SPEARS BOARD OF MANAGERS 2.00 X 0 0 0 JOHN R TAYLOR BOARD OF MANAGERS 2.00 X 0 0 0 VINCE WARREN BOARD OF MANAGERS 2.00 X 0 0 0 DAVID WERTHEIMER BOARD OF MANAGERS 2.00 X 0 0 0 ALLAN 'RICK' WHITE III BOARD OF MANAGERS 2.00 X 0 0 0 JERRY WILLIAMS BOARD OF MANAGERS 2.00 X 0 0 0 NANCY WOLFSON BOARD OF MANAGERS 2.00 X 0 0 0 PAUL ZOIDIS BOARD OF MANAGERS 2.00 X 0 0 0 CHARLES G BEEVER CHAIR, BOARD OF MANAGERS 2.00 X X 0 0 0 GARRY W JENKINS VICE CHAIR, BOARD OF MANAGERS 2.00 X X 0 0 0 GINNY CHRISTENSEN SECRETARY, BOARD OF MANAGERS 2.00 X X 0 0 0 AMY TAYLOR BROOKS BOARD OF MANAGERS, CLERK 2.00 X X 0 0 0 JENNIFER S PERKINS BOARD OF MANAGERS, ASSISTANT CLERK 2.00 X X 0 0 0 WENDY RAYMOND PRESIDENT 50.00 X X 310730 0 67545 MITCHELL L WEIN SR. VP ADMIN/FINANCE, TREASURER 50.00 X 353004 0 68969 MICHAEL H CASEL CHIEF INVEST OFFICER, ASST TREASURER 50.00 X 301305 0 66404 ANN FIGUEREDO VP INST ADVANCEMENT, ASST SECRETARY 50.00 X 249636 0 60723 JESSE H LYTLE VP/CHIEF OF STAFF, ASST SECRETARY 50.00 X 149307 0 47141 DEBORAH FULLAM ASSOCIATE VP, ASST TREASURER 50.00 X 158492 0 30795 TERRI ALBERTSON AVP FINANCE, CONTROLLER, ASST TREAS 50.00 X 159212 0 44924 JESS H LORD VP/DEAN OF ADMISSIONS/FINANCIAL AID 50.00 X 203556 0 49250 FRANCES ROSE BLASE PROVOST 50.00 X 194514 0 51403 MEGAN E FITCH CHIEF INFORMATION OFFICER 50.00 X 187009 0 33009 MARTHA DENNEY DEAN OF COLLEGE 50.00 X 183070 0 57895 DONALD B CAMPBELL JR DIRECTOR OF FACILITIES MANAGEMENT 50.00 X 158125 0 19516 ASHOK GANGADEAN PROFESSOR 50.00 X 171272 0 38193 RICHARD FREEDMAN PROFESSOR 50.00 X 172080 0 55590 ANNE PRESTON PROFESSOR 50.00 X 170917 0 40469 LINDA GERSTEIN PROFESSOR 50.00 X 177521 0 29834 PAUL SMITH PROFESSOR 50.00 X 168019 0 35771 KIMBERLY BENSTON FORMER PRESIDENT 50.00 X 347011 0 85275 3814780 0 882706 80 1 1 0 THE WHITING-TURNER CONTRACTING COMPANY 300 EAST JOPPA ROAD 8TH FLOOR BALTIMORE MD 21286 CONTRACTOR SERVICES 16004255 WILLIAM RAWN ASSOCIATES ARCHITECTS INC 10 POST OFFICE SQUARE SUITE 1010 BOSTON MA 02109 ARCHITECTURAL SERVICES 1041778 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISING AND REPORTING 524025 PERRY DEAN ROGERS & PARTNERS ARCHITEC 177 MILK STREET BOSTON MA 02109 ARCHITECTURAL SERVICES 473100 DELRAN BUILDERS COMPANY INC 7909 FLOURTOWN AVENUE WYNDMOOR PA 19038 CONTRACTOR SERVICES 455384 35 2198011 20020391 6129569 22218402 TUITION & FEES 611310 77451281 77451281 AUXILLIARY - DORMITORIES/HCA 900099 10650330 10650330 AUXILLIARY - DINING CENTER 900099 7117845 5753463 1364382 GRANT CONTRACTS 900099 1695692 1695692 CONFERENCES 900099 1024166 19415 1004751 2207769 2207769 100147083 6507832 -1097483 7605315 19877 19877 86025 0 86025 86025 86025 129806892 9543 119991200 0 9815692 9543 9825235 -102208 9927443 18225 10000 8225 8225 548543 590029 -41486 -41486 138771193 97717049 -1180276 20016018 35368 35368 30811189 30811189 1320426 1320426 4904252 3211306 1105310 587636 43590391 33893576 7634055 2062760 4157567 3237226 511061 409280 8754270 4903440 3598611 252219 2838389 2206979 468298 163112 705928 17650 687378 900 224641 224641 665800 665800 4362289 2798835 1520322 43132 57414 41492 15798 124 2682644 1165121 1387487 130036 2097882 1176036 747547 174299 4737199 2070906 2664463 1830 1465693 1300176 89289 76228 1240153 927621 243246 69286 6431455 6054572 376883 8842645 8324466 518179 890761 650888 239873 SUPPLIES 2185736 1256543 917032 12161 STUDY ABROAD EXPENSES 1884203 1884203 DINING SERVICES - FOOD 1743076 1743076 LIBRARY 1500418 1500418 2433427 9784735 -7456906 105598 140563216 120316248 16158367 4088601 8156417 3794577 10188027 16987408 12295554 8675429 3542485 4377316 246662 233840 693109 1217082 578551 49198 676138 759032 357818347 168620212 185537607 189198135 184631572 132080374 368293537 394599189 106174 110122 774945833 752081702 7714944 8413440 1549686 2750841 146314073 144874058 15603442 20352533 171182145 176390872 X 154771827 160764056 448991861 414926774 603763688 575690830 774945833 752081702 X -1792023 -21420443 -4860392 X 0 1 X 1 1 1 X 31941484 30401725 35893537 24190117 22218402 144645265 31941484 30401725 35893537 24190117 22218402 144645265 23706717 120938548 5869751 3445467 5645416 7426167 7711217 30098018 90366 277951 15619 12694 396630 4654 18225 22879 175162792 470687378 0.69040 0.67730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2016 AMOUNT: $ 4,654. FUNDRAISING REVENUE - 2019 AMOUNT: $ 18,225. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: HAVERFORD PAYS MEMBERSHIP DUES TO NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) AND NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (NACUBO); THESE MEMBERSHIP ORGANIZATIONS MAY ENGAGE IN LOBBYING ACTIVITIES TO SUPPORT THE HIGHER EDUCATION INDUSTRY, AS SUCH A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. HAVERFORD HAS NO DIRECT LOBBYING ACTIVITY OR ANY CONTROL OVER THE LOBBYING ACTIVITIES PERFORMED BY THESE MEMBERSHIP ORGANIZATIONS. 2 0 100000 219201 1 1 82885 5739063 X X X 0 1 1044917 1081396 1044917 1081396 0 526881390 9740486 -5944382 6297088 19659148 1284301 503436957 518885600 6173080 28355450 6093045 19325027 1114668 526881390 501738232 5554094 38155611 5867296 19404746 1290295 518885600 462416786 9072007 53313849 5558400 16321658 1184352 501738232 483411952 16591492 -18222620 5115752 13081280 1167006 462416786 0.25180 0.55520 0.19300 0 0 720688 720688 238364322 97088690 141275632 37123335 27992099 9131236 81610002 43539423 38070579 189198135 EQUITY AND FIXED INCOME FUNDS 212527559 F PRIVATE EQUITY 55793831 F HEDGE AND REAL ESTATE FUNDS 111314263 F PLANNED GIVING AGREEMENTS 7660214 F PERPETUAL TRUSTS 7303322 F 394599189 FEDERAL STUDENT LOAN ADVANCES 105407 INTEREST RATE SWAP LIABILITIES 13883709 LIABILITIES UNDER PLANNED GIVING AGREEMENTS 4619463 CONDITIONAL ASSET RETIREMENT OBLIGATION 693856 REFUNDABLE ADVANCE THORNE SCHOOL 355072 FUNDS HELD IN CUSTODY OF OTHERS 622799 SECURITY DEPOSIT 38329 ONECARD LIABILITY, CASH VALUE 33898 20352533 X 81228452 -21420443 -35437019 -56857462 138085914 665800 19479 685279 138771193 109302962 600029 600029 108702933 665800 31194483 31860283 140563216 PART III, LINE 4: SPECIAL COLLECTIONS OF ART AND HISTORICAL TREASURES SERVE TO ADVANCE SCHOLARSHIP AND TO FURTHER TEACHING, RESEARCH AND SERVICE. SPECIAL COLLECTIONS RANGE FROM QUAKER COLLECTIONS TO HAVERFORD ARCHIVES TO RARE MANUSCRIPTS TO FINE ART ASSETS. THE QUAKER COLLECTION CONSISTS OF MANUSCRIPTS AS WELL AS NUMEROUS PHOTOGRAPHS, WORKS OF ART, ARTIFACTS, FURNITURE AND FILMS. THE HAVERFORD ARCHIVES INCLUDE AMERICAN AND ENGLISH LITERATURE, HISTORY AND POLITICS. TODAY, THE COLLECTIONS OF FINE ART ENCOMPASSES THREE AREAS: MATERIAL IN SUPPORT OF THE COLLEGE CURRICULA, MATERIAL THAT DOCUMENTS HAVERFORD'S HISTORY, AND MATERIAL THAT DOCUMENTS THE HISTORY OF QUAKERISM. PART IV, LINE 1B: HAVERFORD IS THE TRUSTEE OF THE WILLIAM MAUL MEASEY TRUST. THE COLLEGE IS ENTITLED TO 60% OF THE GROSS INCOME OF THE TRUST AND INCLUDES 60% OF THE TRUST ASSETS IN ITS FINANCIAL STATEMENTS AND FORM 990. THE REMAINING 40% OF THE GROSS INCOME IS DISTRIBUTED TO SECONDARY SCHOOLS FOR STUDENT FINANCIAL AID. AS OF JUNE 30, 2020, 40% OF THE TRUST ASSETS (FMV) WAS $56,264,067. THE 40% TRUST INCOME DISTRIBUTED TO THE SCHOOLS IS REPORTED IN PART IV, LINE 1E. THE SECONDARY SCHOOLS THAT RECEIVE TRUST INCOME ARE GEORGE SCHOOL, WESTTOWN SCHOOL, SCATTERGOOD FRIENDS AND OLNEY FRIENDS. PART V, LINE 4: HAVERFORD SPENDS A PRUDENT AMOUNT OF ITS ENDOWMENT INCOME ANNUALLY TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE IN ACCORDANCE WITH DONOR RESTRICTIONS AND INTERNAL DESIGNATIONS. THE ENDOWMENT RESTRICTED DONOR DESIGNATIONS INCLUDE SCHOLARSHIPS, INSTRUCTIONAL PURPOSES, PROFESSORSHIPS, LIBRARY, RESEARCH, AND GENERAL EDUCATIONAL PURPOSES. PART X, LINE 2: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2020 AND 2019, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES INFORMATION TAX RETURNS IN THE UNITED STATES OF AMERICA AND VARIOUS STATES. THE COLLEGE IS GENERALLY NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESIDUAL INCOME FROM LIFE INCOME MATURITIES 769. NET LOSS FROM CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -4,616,233. CHANGE IN VALUE OF LIFE INCOME 138,333. NEW LIFE INCOME GIFT LIABILITY -385,219. FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINACIAL STATEMENTS -30,574,669. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -10,000. BOOKSTORE DIRECT EXPENSES -590,029. OTHER INVESTMENT EXPENSES 618,501. DISREGARDED ENTITY REVENUE NOT CONSOLIDATED IN FINANCIAL STATEMENTS 1,007. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE DIRECT EXPENSES 590,029. DIRECT SPECIAL EVENT EXPENSE 10,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 30,574,669. DISREGARDED ENTITY EXPENSES NOT CONSOLIDATED IN FINANCIAL STATEMENTS 1,313. OTHER INVESTMENT EXPENSES 618,501. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SUCH A POLICY IS POSTED ON HAVERFORD'S WEBSITE AS WELL AS PUBLISHED IN HAVERFORD'S CATALOG AND OTHER ADMISSIONS LITERATURE. ALSO, THE POLICY IS PUBLISHED IN NEWSPAPERS AND/OR THE INTERNET WHEN ADVERTISING FOR EMPLOYMENT. SCHEDULE E, PART I, LINE 6 FEDERAL WORK STUDY $107,740, FEDERAL SUPPLEMENTAL OPPORTUNITY GRANT (FSEOG) $191,870, CARES ACT, HIGHER EDUCATION EMERGENCY RELIEF FUND (STUDENT AID PORTION) $437,220, CARES ACT, HIGHER EDUCATION EMERGENCY RELIEF FUND (INSTITUTIONAL PORTION) $436,583, PELL GRANT $1,047,137, PHEAA-FWS MATCH $12,595, PHEAA INSTITUTIONAL ASSISTANCE GRANT (IAG) $26,220. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS 34269 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS 157546 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS 1032185 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS 57033 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS 33193 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS 2300 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS 3900 CENTRAL AMERICA AND THE CARIBBEAN 0 4 PROGRAM SERVICES PROFESSIONAL SERVICES 8045 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 6200 EUROPE (INCLUDING ICELAND & GREENLAND) 0 6 PROGRAM SERVICES PROFESSIONAL SERVICES 24222 NORTH AMERICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 6000 SOUTH AMERICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 3500 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES PROFESSIONAL SERVICES 1050 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES PROGRAM TRAVEL 27384 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROGRAM TRAVEL 28441 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PROGRAM TRAVEL 196248 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 11634 NORTH AMERICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 69566 SOUTH AMERICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 6084 SOUTH ASIA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 14424 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES PROGRAM TRAVEL 9245 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FEES 44206 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FEES 389075 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 5738 NORTH AMERICA 0 0 FUNDRAISING 3638 SOUTH ASIA 0 0 FUNDRAISING 126 SUB-SAHARAN AFRICA 0 0 FUNDRAISING 2459 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 972155 NORTH AMERICA 0 0 INVESTMENTS 1212878 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 27321978 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INTERNSHIPS 14000 NORTH AMERICA 0 0 PROGRAM SERVICES INTERNSHIPS 4500 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES INTERNSHIPS 4470 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES INTERNSHIPS 374 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNSHIPS 4000 0 4 0 14 0 18 1328471 30383595 31712066 HAVERFORD COLLEGE SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 1 34269 TUITION REDUCTION FMV HAVERFORD COLLEGE SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 6 151796 TUITION REDUCTION FMV HAVERFORD COLLEGE SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 40 1025287 TUITION REDUCTION FMV HAVERFORD COLLEGE SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 2 56183 TUITION REDUCTION FMV HAVERFORD COLLEGE SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 33193 TUITION REDUCTION FMV RESEARCH STIPENDS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 3 5750 CHECK RESEARCH STIPENDS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 2 6898 CHECK RESEARCH STIPENDS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 850 CHECK RESEARCH STIPENDS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 2300 CHECK RESEARCH STIPENDS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 3900 CHECK 1 0 1 1 1 0 PART I, LINE 2: UPON REQUEST, QUALIFIED STUDENTS IN GOOD ACADEMIC AND DISCIPLINARY STANDING MAY BE GRANTED PERMISSION TO SPEND A SEMESTER OR YEAR STUDYING ABROAD. HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. HAVERFORD DOES NOT AWARD ANY GRANT AID BASED ON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST BE PROVIDED. STUDENTS MAY APPEAL AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE INCLUDING THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD COLLEGE SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, FEES, AND OTHER BILLED CHARGES. RESEARCH STIPENDS ARE FELLOWSHIPS APPROVED BY A FACULTY MEMBER TO HELP DEFRAY EXPENSES WHILE A STUDENT PERFORMS INDEPENDENT RESEARCH TO GAIN A BENEFICIAL, EDUCATIONAL EXPERIENCE. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. PART III ACCOUNTING METHOD: GOLF OUTING 18225 18225 900 9100 18225 18225 900 9100 10000 8225 1 THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 615 WEST 131ST STREET NEW YORK NY 10027 135598093 501(C)(3) 15368 RESEARCH- NASA SUBAWARD BRYN MAWR THEATRE FILM INSTITUTE 824 WEST LANCASTER AVENUE BRYN MAWR PA 19010 043682610 501(C)(3) 5000 COMMUNITY PARTNERSHIP PLEDGE CAMPUS PHILLY 2 PENN CENTER 1500 JFK BLVD PHILADELPHIA PA 19102 201518941 501(C)(3) 7500 HIGHER EDUCATION PARTNERSHIP FOUNDATION FOR COMMUNITY SERVICE CO THE SHIPLEY SCHOOL 814 YARROW STREET BRYN MAWR PA 19010 232844309 501(C)(3) 7500 ANNUAL SUPPORT 4 0 HAVERFORD COLLEGE SCHOLARSHIPS 582 29077471 FMV TUITION REDUCTION FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 101 191870 BECKMAN SCHOLARS PROGRAM 1 4600 FMV TUITION REDUCTION HIGHER EDUCATION EMERGENCY RELIEF FUND - STUDENT AID 412 433520 INSTITUTIONAL AID TO STUDENTS DUE TO CAMPUS EMERGENCY 178 147608 RESEARCH STIPENDS 253 560112 STUDENT EMERGENCY FUNDING 278 325426 CHESICK SCHOLARS FUNDING 21 55132 STUDENT LOAN DEBT RELIEF 12 15450 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE TO DOMESTIC ORGANIZATIONS AND DOMESTIC GOVERNMENTS: AWARDS TO SUB RECIPIENTS ARE ISSUED IN ACCORDANCE WITH COLLEGE ACCOUNTING AND BUSINESS POLICIES AND PROVISIONS UNDER UNIFORM GUIDANCE. GRANTS AND OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS: HAVERFORD COLLEGE SCHOLARSHIPS ARE BASED SOLELY ON NEED. HAVERFORD DOES NOT AWARD ANY GRANT AID BASED ON MERIT. APPLICANTS CAN BE ASKED TO FILE THE COLLEGE BOARD PROFILE AND THE FAFSA. IF ELIGIBLE FOR FEDERAL AID, PARENT AND STUDENT PERSONAL AND BUSINESS TAX RETURNS MUST BE PROVIDED. STUDENTS MAY APPEAL AWARD DECISIONS TO THE FINANCIAL AID COMMITTEE INCLUDING THE VICE PRESIDENT AND DEAN OF ADMISSION AND FINANCIAL AID, THE DEAN OF THE COLLEGE, AND THE SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. HAVERFORD COLLEGE SCHOLARSHIPS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, FEES, AND OTHER BILLED CHARGES. SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG) ARE AWARDED BASED ON FAMILY CONTRIBUTION. ELIGIBILITY IS DETERMINED BY THE FAFSA AND REGULATIONS DETERMINED BY THE U.S. DEPARTMENT OF EDUCATION. PER THE DEPARTMENT OF EDUCATION REGULATIONS, STUDENTS WHO RECEIVE PELL GRANTS MUST BE PROVIDED SEOG FUNDS FIRST. IF THE STUDENT IS SELECTED TO RECEIVE THESE AWARDS, OTHER VERIFICATION FORMS MAY BE REQUIRED INCLUDING THE VERIFICATION STATEMENT, PARENT AND STUDENT TAX RETURNS, AND NON-TAX FILER STATEMENTS. SEOG AWARDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, AND OTHER BILLED CHARGES. SEOG AWARDS ARE AUDITED ANNUALLY BY THE COLLEGE'S OUTSIDE AUDITORS IN CONJUNCTION WITH THE SINGLE AUDIT. THE BECKMAN SCHOLARS PROGRAM IS SPONSORED BY THE ARNOLD AND MABEL BECKMAN FOUNDATION. STUDENTS MUST APPLY AND BE SELECTED TO RECEIVE THE AWARD WHICH INCLUDES AN ACADEMIC YEAR SCHOLARSHIP OF $4,600 THAT IS CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT FOR TUITION, ROOM AND BOARD, AND OTHER BILLED CHARGES. STUDENT AID FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) WAS ISSUED TO TITLE IV ELIGIBLE STUDENTS BASED ON THEIR LEVEL OF EXPECTED FAMILY CONTRIBUTION (EFC) WITHIN A SERIES OF SIX EFC BANDS. STUDENTS RECEIVED AN EMAIL NOTIFYING THEM OF THEIR ELIGIBILITY AND WERE INSTRUCTED TO REPLY IF THEY HAD NOT INCURRED ANY EXPENSES RELATED TO THE DISRUPTION OF ON-CAMPUS OPERATIONS DUE TO COVID-19. THE STUDENTS THAT DID NOT INCUR ANY EXPENSES RELATED TO THE DISRUPTION OF ON-CAMPUS OPERATIONS DUE TO COVID-19 WERE NOT ISSUED GRANTS; HEERF GRANTS WERE CREDITED DIRECTLY TO THE STUDENT ACCOUNT FOR ALL ELIGIBLE STUDENTS AND THEN ISSUED AS A CHECK OR DIRECT DEPOSIT. RESEARCH STIPENDS ARE FELLOWSHIPS APPROVED BY A FACULTY MEMBER TO HELP DEFRAY EXPENSES WHILE A STUDENT PERFORMS INDEPENDENT RESEARCH TO GAIN A BENEFICIAL, EDUCATIONAL EXPERIENCE. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. EMERGENCY FUNDING FOR STUDENTS IS PROVIDED BY THE LIFTFAR (LOW-INCOME AND FIRST-IN-THEIR-FAMILY ASSISTANCE AND RESOURCES) PROGRAM. STUDENTS THAT HAVE BELOW A CERTAIN EXPECTED FAMILY CONTRIBUTION (EFC) ARE ELIGIBLE TO APPLY AND ARE NOTIFIED BY EMAIL AT THE BEGINNING OF EACH SEMESTER. FUNDING IS ONLY AVAILABLE FOR CURRENT STUDENTS DURING THE ACADEMIC YEAR AND IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. THE JOHN P. CHESICK SCHOLARS PROGRAM IS A FOUR-YEAR ACADEMIC LEADERSHIP AND MENTORING PROGRAM FOR HAVERFORD STUDENTS FROM BACKGROUNDS THAT ARE UNDER-REPRESENTED IN ACADEMIA. STUDENTS SELECTED TO BE IN THIS PROGRAM RECEIVE GRANTS TO PARTICIPATE IN THE EDUCATIONALLY FOCUSED CHESICK SUMMER INSTITUTE AND THE CHESICK SUMMER EXPERIENCE. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. THE STUDENT LOAN DEBT RELIEF PROGRAM IS DESIGNED TO ASSIST HAVERFORD ALUMNI FOR WHOM DEBT FROM STUDENT LOANS WOULD PROVE TO BE A GENUINE BURDEN, SUCH AS FOR THOSE WHO CHOOSE CAREERS OF HIGH SOCIETAL VALUE BUT LOW REMUNERATION OR WHO ARE TEMPORARILY UNEMPLOYED. INDIVIDUALS WHO ARE ELIGIBLE TO APPLY FOR SUPPORT WILL BE NOTIFIED BY THE OFFICE OF ADMISSION DURING THE SUMMER AND WILL BE PROVIDED INSTRUCTIONS ON HOW TO APPLY. APPLICANTS WILL BE REQUIRED TO COMPLETE AN APPLICATION AND CONFIRM THEIR CONTINUED ELIGIBILITY BY SUBMITTING SUPPORTING DOCUMENTATION. FUNDING IS PROCESSED THROUGH ACCOUNTS PAYABLE AND ISSUED AS A CHECK OR DIRECT DEPOSIT. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 1 1 WENDY RAYMOND PRESIDENT 250980 0 0 0 59750 0 28550 0 38995 0 378275 0 0 0 MITCHELL L WEIN SR. VP ADMIN/FINANCE, TREASURER 353004 0 0 0 0 0 40468 0 28501 0 421973 0 0 0 MICHAEL H CASEL CHIEF INVEST OFFICER, ASST TREASURER 301305 0 0 0 0 0 35122 0 31282 0 367709 0 0 0 ANN FIGUEREDO VP INST ADVANCEMENT, ASST SECRETARY 249636 0 0 0 0 0 29454 0 31269 0 310359 0 0 0 JESSE H LYTLE VP/CHIEF OF STAFF, ASST SECRETARY 149307 0 0 0 0 0 18402 0 28739 0 196448 0 0 0 DEBORAH FULLAM ASSOCIATE VP, ASST TREASURER 158492 0 0 0 0 0 18875 0 11920 0 189287 0 0 0 TERRI ALBERTSON AVP FINANCE, CONTROLLER, ASST TREAS 159212 0 0 0 0 0 18958 0 25966 0 204136 0 0 0 JESS H LORD VP/DEAN OF ADMISSIONS/FINANCIAL AID 203556 0 0 0 0 0 23765 0 25485 0 252806 0 0 0 FRANCES ROSE BLASE PROVOST 191514 0 0 0 3000 0 22067 0 29336 0 245917 0 0 0 MEGAN E FITCH CHIEF INFORMATION OFFICER 187009 0 0 0 0 0 21912 0 11097 0 220018 0 0 0 MARTHA DENNEY DEAN OF COLLEGE 173920 0 0 0 9150 0 20966 0 36929 0 240965 0 0 0 DONALD B CAMPBELL JR DIRECTOR OF FACILITIES MANAGEMENT 156625 0 0 0 1500 0 18229 0 1287 0 177641 0 0 0 ASHOK GANGADEAN PROFESSOR 171272 0 0 0 0 0 20097 0 18096 0 209465 0 0 0 RICHARD FREEDMAN PROFESSOR 172080 0 0 0 0 0 20450 0 35140 0 227670 0 0 0 ANNE PRESTON PROFESSOR 153662 0 0 0 17255 0 18738 0 21731 0 211386 0 0 0 LINDA GERSTEIN PROFESSOR 177521 0 0 0 0 0 20727 0 9107 0 207355 0 0 0 PAUL SMITH PROFESSOR 152607 0 0 0 15412 0 19221 0 16550 0 203790 0 0 0 KIMBERLY BENSTON FORMER PRESIDENT 337932 0 0 0 9079 0 39145 0 46130 0 432286 0 0 0 PART I, LINE 1A NON-TAXABLE HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, FORMER PRESIDENT KIMBERLY BENSTON RESIDED ON CAMPUS FREE OF RENT, CURRENT PRESIDENT WENDY RAYMOND RESIDES ON CAMPUS FREE OF RENT, DEAN OF THE COLLEGE, MARTHA DENNEY, AND PROFESSORS, PAUL SMITH AND RICHARD FREEDMAN, RESIDE ON THE COLLEGE'S CAMPUS AT A SUBSIDIZED RENT. PERSONAL SERVICES - MAID: CLEANING OF THE PERSONAL SPACE IN THE FORMER PRESIDENT'S AND CURRENT PRESIDENT'S HOUSE WAS DONE BY A COLLEGE EMPLOYEE AND THE AMOUNT WAS INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. SOCIAL CLUB DUES: THE SOCIAL CLUB DUES OF THE PRESIDENT ARE PAID BY THE COLLEGE AND INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. THE FORMER PRESIDENT AND CURRENT PRESIDENT RECEIVED GROSS UP PAYMENTS FOR THE TAXABLE PORTION OF HOUSEKEEPING AND SOCIAL CLUB DUES. PART I, LINE 8 PRESIDENT WENDY RAYMOND JOINED HAVERFORD COLLEGE EFFECTIVE JULY 1, 2019 AND RECEIVED COMPENSATION IN CALENDAR YEAR 2019 PURSUANT TO AN EMPLOYMENT AGREEMENT. COMPENSATION REPORTED BY THE COLLEGE IN FORM 990, PART VII INCLUDES PAYMENTS OF BASE COMPENSATION, MOVING EXPENSES AND OTHER AGREED UPON BENEFITS COVERED BY THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REG. 53.4958-4(A)(3). A DELAWARE COUNTY AUTHORITY 231973437 246003NJ2 2017-02-28 110381164 REFUND PORTION 2008 BONDS, 2010 BONDS, ALL 2010A BONDS 0 0 0 B DELAWARE COUNTY AUTHORITY 231973437 NONEAVAIL 2017-02-28 29845000 PART REFUND 2008 BONDS: RENOVATION OF SHARPLESS HALL, RYAN GYM/VCAM, DINING 0 0 0 C DELAWARE COUNTY AUTHORITY 231973437 246003PH4 2020-03-24 9125000 REFUND OF 2010 BONDS 0 0 0 A 3519567 110381164 734217 109646947 2017 1 1 1 1 B 29845000 300716 102807 20330877 6702192 2408408 2020 1 0 1 1 C 9125000 170000 8955000 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 0 0 1 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 02/28/2017 $110,381,164 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED OCTOBER 7, 2020. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2020. SCHEDULE K, PART IV, LINE 2C: DELAWARE COUNTY AUTHORITY - 02/28/2017 $29,845,000 - ARBITRAGE CALCULATION WAS COMPLETED BY PFM DATED OCTOBER 28, 2020. THE REPORT INDICATED THAT THERE WAS NO LIABILITY FOR THE PERIOD FEBRUARY 28, 2017 TO OCTOBER 1, 2020. MICHAEL H CASEL OFFICER HOME MORTGAGE X 300000 233840 0 0 1 233840 X 7 82885 APPRAISED VALUE X 2220 OPINIONS OF EXPERTS X 152 6044464 FAIR MARKET VALUE 2 0 1 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN EACH CATEGORY. FORM 990, PART V, LINE 1A: THE TOTAL NUMBER REPORTED IN BOX 3 OF ALL 2019 FORM 1096 FILINGS IS 2,470, THIS IS WHAT IS REPORTED ON FORM 990, PART V, LINE 1A. INCLUDED IN THIS TOTAL ARE 1,713 FORM 1098-T FILINGS. FORM 990, PART VI, SECTION A, LINE 6 HAVERFORD HAS ONE CLASS OF MEMBERS WHO MAY INCLUDE ANY MEMBER OF THE RELIGIOUS SOCIETY OF FRIENDS, ANYONE WHO HAS SERVED AS PRESIDENT OF HAVERFORD OR AS A MEMBER OF THE BOARD OF MANAGERS FOR AT LEAST SIX CONSECUTIVE YEARS. IN ADDITION, THE PRESIDENT OF HAVERFORD, THE CLERK, THE ASSISTANT CLERK, AND THE SECRETARY OF HAVERFORD, AND FOUR MEMBERS OF THE BOARD OF MANAGERS NOMINATED BY THE BOARD OF MANAGERS SHALL BE MEMBERS OF HAVERFORD SO LONG AS THEY HOLD SUCH POSITIONS. HAVERFORD MAY PERMIT, IN EXCEPTIONAL CASES, PERSONS NOT MEMBERS OF A MONTHLY MEETING, YET GROUNDED IN THE FAITH AND PRACTICE OF FRIENDS, TO BE TREATED AS MEMBERS OF THE RELIGIOUS SOCIETY OF FRIENDS. THE MEMBERS SEEK, BY ADVICE AND EXAMPLE, TO STRENGTHEN AND ENRICH HAVERFORD'S QUAKER HERITAGE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FORMALLY ELECT ALL THE MEMBERS OF THE BOARD, INCLUDING THOSE NOMINATED BY HAVERFORD, BY THE BOARD AND BY THE ALUMNI ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ANY AND ALL AMENDMENTS TO THE BYLAWS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN MANAGEMENT PROVIDES THE FORM 990 TO THE AUDIT & RISK MANAGEMENT COMMITTEE OF THE BOARD FOR REVIEW AND DISCUSSION PRIOR TO ITS FURTHER DISSEMINATION TO THE BOARD. THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD OF MANAGERS PRIOR TO ITS FILING. CONSISTENT WITH THE COLLEGE'S LONG STANDING COMMITMENT TO HONOR THE REQUESTS FROM THE DONORS THAT WISH TO PHILANTHROPICALLY SUPPORT THE COLLEGE ANONYMOUSLY, SCHEDULE B IS EXCLUDED, PRIOR TO DISTRIBUTION TO THE AUDIT & RISK MANAGEMENT COMMITTEE AND TO THE FULL BOARD. HOWEVER, 3 BOARD MEMBERS (THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, AND THE CHAIR OF THE AUDIT & RISK MANAGEMENT COMMITTEE) PLUS 3 OFFICERS (THE PRESIDENT, THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, THE SENIOR VICE PRESIDENT FOR ADMINISTRATION & FINANCE), WILL REVIEW THE ENTIRE FORM 990, INCLUDING AN UNREDACTED SCHEDULE B AND THEREBY SEE THE COMPLETE FORM 990, INCLUDING THE SCHEDULES. IN ADDITION, THE ASSISTANT VICE PRESIDENT FOR FINANCE & CONTROLLER REVIEWS THE ENTIRE FORM 990, IN THAT, SHE IS INTEGRAL TO THE PREPARATION OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT ELECTRONICALLY TO BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE PRESIDENT'S OFFICE TRACKS AND ENSURES COMPLIANCE WITH COMPLETING AND SUBMITTING THE CONFLICT OF INTEREST QUESTIONNAIRE. IN ADDITION, THE POLICY REQUIRES THAT POTENTIAL CONFLICTS BE REPORTED THROUGHOUT THE YEAR AS THEY ARISE AS WELL AS FOR PERIODIC REVIEWS TO IDENTIFY POTENTIAL CONFLICTS. THE BOARD OF DIRECTORS MAKES THE DETERMINATION AS TO WHETHER A CONFLICT OF INTEREST EXISTS OR NOT. IF A CONFLICT WERE TO ARISE, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING FOR INVESTIGATION AND RESOLUTION. AFTER THE PRESENTATION, THE INTERESTED PERSON WOULD REMOVE THEMSELVES FROM THE MEETING DURING THE FINAL DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS TYPICALLY DETERMINED AFTER AN ANNUAL REVIEW BY THE BOARD'S COMMITTEE ON PRESIDENTIAL COMPENSATION AND REVIEW. THE REVIEW, ALONG WITH PRIVATE COLLEGE EXECUTIVE COMPENSATION SURVEYS, HELP DETERMINE THE PRESIDENT'S SALARY. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE DOCUMENTED TIMELY. THE COMPENSATION FOR THE NEW PRESIDENT WENDY RAYMOND WAS DETERMINED BY THE BOARD USING A SIMILAR BENCHMARK PROCESS BUT WITHIN HIRING NEGOTIATIONS. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT REPORTS TO THE BOARD IN EXECUTIVE SESSION INFORMATION REGARDING THE ANNUAL PROCESS FOR DETERMINING OTHER OFFICERS' COMPENSATION AND KEY EMPLOYEES, AS NOTED ON FORM 990, PART VII. THE PRESIDENTIAL REVIEW COMMITTEE REPORTS ON THESE PROCEDURES TO THE BOARD IN EXECUTIVE SESSION. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC THROUGH OUR WEBSITE AND UPON REQUEST. THE COLLEGE'S FORM 990T IS AVAILABLE UPON REQUEST. THE COLLEGE'S FORM 990 IS ALSO OPEN TO THE GENERAL PUBLIC ON GUIDESTAR'S WEBSITE. CURRENTLY, THE COLLEGE DOES NOT PUBLISH GOVERNING DOCUMENTS; HOWEVER, THESE ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET LOSS FROM CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -4,616,233. CHANGE IN VALUE OF LIFE INCOME 138,333. NEW LIFE INCOME GIFT LIABILITY -385,219. RESIDUAL INCOME FROM LIFE INCOME MATURITIES 769. DISREGARDED ENTITY NET LOSS NOT CONSOLIDATED IN FINANCIAL STATEMENTS -306. MISCELLANEOUS 2,264. HAVERFORD COLLEGE FOUNDATION (UK) LIMITED 19 NORCOTT ROAD LONDON UK N167EJ 981050476 FUNDRAISING UK 104430 2587 CORPORATION OF HAVERFORD COLLEGE THE WILLIAM MAUL MEASEY TRUST C/O HAVERFORD COLLEGE 370 LANCASTER HAVERFORD PA 19041 236002304 CHARITABLE TRUST PA CORPORATION OF HAVERFORD COLLEGE T 2691971 84396101 0.60000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1