2021-05-12T16:06:56-05:00 2020-06-30 363990892 Capin Crouse LLP 345 Massachusetts Avenue Suite 300 Indianapolis IN 46204 990 2019-07-01 356014491 Earlham Foundation EARL 7659831200 801 National Road West Richmond IN 47374 Stacy L Davidson Treasurer 7659831200 2021-05-12 1 Ted R Batson Jr P00721951 5055022746 2019 2022-09-23 18:48:47Z Stacy L Davidson 801 National Road West Richmond IN 47374 66173196 0 X N/A X 1931 IN Receives and holds gifts made to Earlham College. 9 8 0 8 0 0 730895 803801 0 0 25521003 21172910 0 0 26251898 21976711 16945175 4010083 0 0 0 0 0 0 0 664727 684790 17609902 4694873 8641996 17281838 417105415 378086314 203230026 173963620 213875389 204122694 See Schedule O 0 0 4694873 4010083 Managing the investment portfolio for endowed and quasi-endowed funds for the benefit of Earlham College and Earlham School of Religion students, a program thereof. 4694873 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X Stacy L Davidson 7659831200 801 National Road West Richmond IN 47374 Phillip Morgan Asst. Treasurer 40.00 10.00 X 0 184617 26695 Stacy Davidson Secretary/Treasurer 2.00 50.00 X X 0 169103 32233 Catherine Habschmidt Asst. Secretary 5.00 45.00 X 0 80403 19752 Mark Newlin Chair 5.00 X X 0 0 0 Joseph Hedrick Vice Chair 1.00 X X 0 0 0 Jim Donahue Director 1.00 X 0 0 0 Brent Taylor Director 1.00 X 0 0 0 Tania Deng Director 1.00 2.00 X 0 0 0 Thomas Johnson Director 1.00 X 0 0 0 Randy Sadler Director 1.00 2.00 X 0 0 0 Marion Shore Director 1.00 X 0 0 0 0 434123 78680 0 0 1 0 Acadian Asset Management LLC 260 Franklin Street Boston MA 02110 Investment Services 250566 Prime Buchholz 273 Corporate Drive Suite 250 Portsmouth NH 03801 Investment Services 232730 2 803801 803801 4548029 4548029 60821366 44196485 16624881 16624881 16624881 21976711 0 0 21172910 4010083 4010083 684790 684790 4694873 4694873 0 0 13463933 9200130 151320966 132869674 252320516 236016510 417105415 378086314 203230026 173963620 203230026 173963620 X 213875389 204122694 213875389 204122694 417105415 378086314 17281838 -27034533 0 X 0 1 X 1 0 X X 1 Earlham College 350868073 2 1 4010083 0 1 4010083 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 418844928 803801 -6294175 33325507 380029047 429201775 730895 17903510 28991252 418844928 425494674 1377791 32381384 30052074 429201775 384132175 6773209 51721965 17132675 425494674 405520255 3385327 -7971915 16801492 384132175 0.05890 0.94110 0 0 0 Domestic/International Equities 46525157 C Alternative Investments 189491353 C 236016510 Due to Related Organization 173963620 173963620 Part V, Line 4: The organization's endowment funds are used to support the educational programs of Earlham College. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Central America and the Caribbean 0 0 Investments 493312 0 0 0 0 0 0 493312 0 493312 1 0 1 1 1 0 Part III Accounting Method: Form 990, Schedule F, Part IV: The organization has analyzed its ownership in the foreign corporation, foreign partnership, and passive foreign investment company and has determined that it does not meet the reporting requirements for Form 5471 or Form 8621. 1 Earlham College 801 National Road West Richmond IN 47374 350868073 501(c)(3) 4010083 Support 1 0 Part I, Line 2: All grants are made solely to the organization's parent, Earlham College, for educational purposes. 0 0 0 0 0 0 0 0 0 Phillip Morgan Asst. Treasurer 0 184617 0 0 0 0 0 15323 0 11599 0 211539 0 0 Stacy Davidson Secretary/Treasurer 0 169103 0 0 0 0 0 9000 0 23278 0 201381 0 0 Form 990, Part III, Line 1 Organization's Mission The Earlham Foundation receives and holds permanently restricted gifts made to Earlham College (including the Earlham School of Religion). The Foundation invests these funds and releases quarterly distributions of earnings to Earlham College and Earlham School of Religion to support their operations. Form 990, Part VI, Section A, line 7a Western Yearly Meeting of the Religious Society of Friends, Plainfield, Indiana has the power to nominate two Directors to the organization's governing body. Additionally, the Earlham College Board of Trustees has the power to nominate six Directors to the organization's governing body. Form 990, Part VI, Section A, line 7b The Earlham College Board of Trustees must approve the organization's Investment Policy Statement. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. The Assistant Controller, Assistant Secretary, and Secretary/Treasurer perform a detailed review. A copy of the Form 990 is provided to each member of the full governing body prior to its filing. Form 990, Part VI, Section B, line 12c The Foundation's conflict of interest policy requires that officers and directors disclose any situations that may result in a conflict of interest or the appearance of a conflict of interest. Questionnaires must be completed annually but updated sooner if a person's situation changes. Disclosures are summarized and reviewed by the audit committee of the Earlham Board of Trustees. If an officer or director has a conflict, they will not participate in the decision-making process. Form 990, Part VI, Section B, line 15 The Earlham Foundation does not compensate any officers, directors, or key employees. Compensation reported on Form 990, Part VII and Schedule J is paid by a related organization, Earlham College. Therefore, these questions are answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Earlham College 801 National Road West Richmond IN 47374 350868073 Education IN 501(c)(3) Line 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0