2021-05-17T12:25:33-05:00 2020-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2019-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Mia Alonzo Controller and Assistant Vice 9096218043 2021-05-07 1 Tracy S Paglia P00366884 2099556100 2021-05-07 2019 2022-09-23 18:48:47Z Melvin L Oliver 1050 N Mills Avenue Claremont CA 917116101 160488655 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 36 35 1022 110 84164 -38146 8728267 4467794 73411892 74690597 4190877 5813176 564479 2246885 86895515 87218452 17330804 17353690 0 0 33471255 34026791 0 0 1253020 28543225 27565464 79345284 78945945 7550231 8272507 300841816 313941759 99206714 102425720 201635102 211516039 X Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities. 0 0 69560680 17353690 74690597 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,055 students. Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education, emphasizing social justice, intercultural understanding and environmental sensitivity. 69560680 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1344 0 1 1022 1 1 1 1 NP IT BC 0 0 0 1 1 0 0 0 0 0 0 X 36 35 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo Claremont University Co 9096218043 101 S Mills Ave Claremont CA 91711 Melvin L Oliver PhD President 40.00 2.00 X X 507009 0 98433 Nigel Boyle VP/Dean of Faculty (thru 06/2019) 40.00 0.00 X 269295 0 55490 Laura Troendle Treasurer/VP Finance and Admin 40.00 1.00 X 263498 0 58991 Neil Macready VP for College Advancement 40.00 0.00 X 250732 0 62918 Joe Parker Faculty 40.00 0.00 X 275216 0 29930 Mike Segawa VP of Student Affairs 40.00 0.00 X 249951 0 49867 Jamie Jorgensen Chief of Staff/Chief Legal Counsel 40.00 0.00 X 230932 0 44960 Muriel Poston Faculty/Former VP of Academic Affairs 40.00 0.00 X 202812 0 33182 Al Wachtel Faculty 40.00 0.00 X 192043 0 37344 Yvonne Berumen VP of Admission & Fin. Aid 40.00 0.00 X 184379 0 38300 Mark Bailey VP of Communications 40.00 0.00 X 169071 0 45126 Sheryl Miller Faculty 40.00 0.00 X 188942 0 23180 James Marchant VP Strategic Initiatives 40.00 0.00 X 163038 0 44576 Mia Alonzo Controller 4.00 1.00 X 0 163551 40148 Lori Yoshino AVP for Admin (thru 09/2019) 40.00 0.00 X 128071 0 37464 Pamela Mader AVP for Finance 40.00 0.00 X 94962 0 35145 Melanie Lacey Sorenson Secretary of the Board 40.00 1.00 X 70382 0 29568 Harold A Brown Chair of the Board 8.00 1.00 X X 0 0 0 Donald P Gould Vice Chair of the Board 8.00 0.00 X X 0 0 0 Bridget Baker Trustee 0.00 0.00 X 0 0 0 Angela Glover Blackwell Trustee 2.00 0.00 X 0 0 0 Thomas Brock Trustee 2.00 0.00 X 0 0 0 Steven Chang Trustee 2.00 0.00 X 0 0 0 Stephen Davis Trustee 2.00 0.00 X 0 0 0 Mark Eggert Trustee 2.00 0.00 X 0 0 0 Tyrus Emory Trustee 2.00 0.00 X 0 0 0 Robert Fairbairn Trustee 2.00 0.00 X 0 0 0 Louise Ann Fernandez Trustee 2.00 0.00 X 0 0 0 Julie Flapan Trustee 2.00 0.00 X 0 0 0 Ruett Stephen Foster Trustee 2.00 0.00 X 0 0 0 Wendy Glenn Trustee 2.00 0.00 X 0 0 0 David H Good Trustee 2.00 0.00 X 0 0 0 Gina Hoagland Trustee 2.00 0.00 X 0 0 0 Jill Klein Trustee 2.00 0.00 X 0 0 0 David B Levin Trustee 2.00 0.00 X 0 0 0 Charles Mangum Trustee 2.00 0.00 X 0 0 0 Lori O'Hollaren Trustee 2.00 0.00 X 0 0 0 Alissa Okuneff Roston Trustee 2.00 0.00 X 0 0 0 Kenneth R Pitzer Trustee 2.00 0.00 X 0 0 0 Craig Ponzio Trustee 2.00 0.00 X 0 0 0 Douglas Price Trustee 2.00 0.00 X 0 0 0 Jon Reingold Trustee 2.00 0.00 X 0 0 0 Josh Schlesinger Trustee 2.00 0.00 X 0 0 0 William D Sheinberg Trustee 2.00 0.00 X 0 0 0 Michele Siqueiros Trustee 2.00 0.00 X 0 0 0 Shahan Soghikian Trustee 2.00 0.00 X 0 0 0 Eugene P Stein Trustee 2.00 0.00 X 0 0 0 Kevin Stein Trustee 2.00 0.00 X 0 0 0 Tracy M Tindle Trustee 2.00 0.00 X 0 0 0 Louise Beaudette Thornton Trustee 2.00 0.00 X 0 0 0 Michael R Weinholtz Trustee 2.00 0.00 X 0 0 0 Cathy Siegel Weiss Trustee 2.00 0.00 X 0 0 0 3440333 163551 764622 61 0 1 0 Bon Appetit PO Box 50196 Los Angeles CA 900740196 Food Service 2141438 Jonescape Inc 4650 Arrow Highway Suite G6 Montclair CA 91763 Grounds Service 214583 Keeling & Associates LLC 55 Harry Kemp Way Provincetown MA 026571618 Consulting Service 157000 ABM Onsite Services-West Inc 1150 South Olive Street 19th Fl Los Angeles CA 90015 Janitorial Services 121407 Pacific Systems Interiors Inc 190 E Arrow Highway Unit D San Dimas CA 91773 Dry Wall/Construction 115145 5 86277 173351 4208166 302852 4467794 Tuition and fees 611600 60108216 60108216 Auxiliary enterprises 611710 12135502 12135502 Federal Grants and Contracts 611710 1675507 1675507 Summer conferences 611710 745834 745834 Private contracts 900099 25538 25538 74690597 2511044 -30416 2541460 5940 0 5940 5940 5940 69789097 6720268 67351256 5855977 2437841 864291 3302132 114580 3187552 39350 86277 23977 15373 15373 91357 38993 52364 52364 Gain on settlement 900099 1700000 1700000 Other sources 900099 473208 473208 2173208 87218452 74690597 84164 7975897 17353690 17353690 2828746 331751 2180753 316242 23310181 21550665 1191105 568411 3021773 2820412 130721 70640 3127406 2884131 214778 28497 1738685 1506027 178623 54035 156662 18481 138181 147895 1484 146411 207051 207051 1913134 1794170 58964 60000 124222 87697 21364 15161 1059722 933522 113573 12627 906046 389873 485422 30751 1567112 1514462 50759 1891 1156073 1079069 50515 26489 412556 311919 93568 7069 2446544 2428089 18455 134401 52016 80256 2129 4353745 4125454 228291 283892 26510 257351 31 Related orgs and affili 10055274 7818184 2237090 Food and Housing 1545045 1545045 Maintenance and repair 633895 595065 38024 806 462195 392964 10990 58241 78945945 69560680 8132245 1253020 1684329 2398328 33075064 48303074 6058772 4251352 1811248 1463322 108152 127258 2112617 1735873 156264820 56726466 99875505 99538354 99035758 81339465 52189926 70668306 2442701 2018470 2447744 2097957 300841816 313941759 3919679 6657977 1097937 1953431 85846661 84860561 436970 355381 7905467 8598370 99206714 102425720 X 129396248 138979620 72238854 72536419 201635102 211516039 300841816 313941759 X 8272507 2241825 -633395 X 0 1 X 1 1 1 X 3491606 4249804 4152410 8711573 4467794 25073187 3491606 4249804 4152410 8711573 4467794 25073187 4078206 20994981 2733579 2482802 2112831 2606194 2547400 12482806 41719 11033 52752 435672 881212 598581 579588 2173208 4668261 42277006 353013635 0.49660 0.47170 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2015 Amount: $ 435,672. 2016 Amount: $ 881,212. 2017 Amount: $ 598,581. 2018 Amount: $ 579,588. 2019 Amount: $ 473,208. Gain on settlement - 2019 Amount: $ 1,700,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144599991 282591 5402741 886199 4751446 212521 144435157 141909218 246419 8320231 875971 4736122 263784 144599991 136983670 522148 10123759 847247 4665077 208035 141909218 127114302 1115435 14487023 819691 4595920 317479 136983670 132833248 1517528 -1599578 791762 4485712 359422 127114302 0.59000 0.25000 0.16000 1 0 15474207 15474207 126034371 46837831 79196540 11159648 9888635 1271013 3596594 3596594 99538354 Limited Partnerships 49267094 F Hedge Funds 21401212 F 70668306 Government advances for student loans 753485 Annuities payable 60015 Early retirement liability 6950861 Asset retirement obligation 834009 8598370 X 71820177 2241825 -609418 1632407 70187770 207051 16823631 17030682 87218452 62027593 112330 112330 61915263 207051 16823631 17030682 78945945 Part V, Line 4: The College uses the income from the endowment funds per the requirements of the donor. Such income is used for grants, scholarships, professorships, lectures, research, student programs, facilities and general operations of the College. Part X, Line 2: The objective of the College is to maintain and conduct a 501(c)(3) nonprofit educational institution. The primary purpose of accounting and reporting is the recording of resources received and applied rather than the determination of net income. The College had no uncertain tax positions and/or obligations at June 30, 2020 and 2019. The College's tax returns are subject to review and examination by federal and state authorities. Part XI, Line 2d - Other Adjustments: Actuarial Adjustments -179,883. Comprehensive gain(loss) on defined benefit plans -453,512. Fundraising event expenses 23,977. Part XI, Line 4b - Other Adjustments: Student Financial aid 16,823,631. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 88,353. Fundraising event expenses 23,977. Part XII, Line 4b - Other Adjustments: Student Financial aid 16,823,631. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Students applying to the College receive registration materials that state the nondiscrimination policy. The policy is also published on the Pitzer College website: http://catalog.pitzer.edu/index.php?catoid=15. The policy was also published in the local newspaper indicating the non-discrimination policy for the College. Schedule E, Part I, Line 6 Pitzer College participates in the Pell Grant, Supplemental Educational Opportunity Grant, Cal Grants, College Work-Study, NSF STEM grant scholarships and Perkins Loan programs. Sub-Saharan Africa 1 1 Program services Education 343627 Central America and the Caribbean 1 1 Program services Education 198403 South America 1 1 Program services Education 289801 Europe (including Iceland and Greenland) 1 1 Program services Education 179341 South Asia 1 1 Program services Education 336880 Central America and the Caribbean 0 0 Investments 21657180 Central America and the Caribbean 0 0 Program services PCCR expenses 100000 5 5 0 0 5 5 23105232 0 23105232 1 0 1 1 1 0 Part I, line 3: Accrual Method Part III Accounting Method: Auction 125627 86277 39350 6636 10661 100 6580 125627 86277 39350 6636 10661 100 6580 23977 15373 1 Institutional Grant Aid 434 16437780 Rose Hills Foundation 3 106250 171101 69 171101 NSF STEM Grant Aid 11 108500 Stipends 116 136709 Fellowships 30 67700 COVID Int'l Student Grants 17 15800 CARES Act Student Grants 392 309850 Part I, Line 2: Pitzer College awards scholarships only to individual undergraduate students. These scholarships are awarded based upon academic achievement and/or demonstrated financial need. The Financial Aid Office, with the assistance of the Registrar's Office, monitor student enrollment each semester to ensure that students remain qualified for financial aid. The College also awards tuition to dependents of its employees who meet the requirements of the College's Tuition Remission Program. Employee dependents must be enrolled at one of the undergraduate schools of The Claremont Colleges. Tuition is paid directly to the undergraduate college after grades are submitted to the Human Resources Office as evidence of course completion. X X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Melvin L Oliver PhD President 501009 0 0 0 6000 0 33600 0 64833 0 605442 0 0 0 Nigel Boyle VP/Dean of Faculty (thru 06/2019) 269295 0 0 0 0 0 33210 0 22280 0 324785 0 0 0 Laura Troendle Treasurer/VP Finance and Admin 259837 0 0 0 3661 0 32250 0 26741 0 322489 0 0 0 Neil Macready VP for College Advancement 247030 0 0 0 3702 0 30983 0 31935 0 313650 0 0 0 Joe Parker Faculty 274561 0 0 0 655 0 16293 0 13637 0 305146 0 0 0 Mike Segawa VP of Student Affairs 249951 0 0 0 0 0 30375 0 19492 0 299818 0 0 0 Jamie Jorgensen Chief of Staff/Chief Legal Counsel 230932 0 0 0 0 0 28350 0 16610 0 275892 0 0 0 Muriel Poston Faculty/Former VP of Academic Affair 202812 0 0 0 0 0 25420 0 7762 0 235994 0 0 0 Al Wachtel Faculty 192043 0 0 0 0 0 23370 0 13974 0 229387 0 0 0 Yvonne Berumen VP of Admission & Fin. Aid 181979 0 0 0 2400 0 22263 0 16037 0 222679 0 0 0 Mark Bailey VP of Communications 169071 0 0 0 0 0 20784 0 24342 0 214197 0 0 0 Sheryl Miller Faculty 188942 0 0 0 0 0 22673 0 507 0 212122 0 0 0 James Marchant VP Strategic Initiatives 160638 0 0 0 2400 0 20166 0 24410 0 207614 0 0 0 Mia Alonzo Controller 0 163551 0 0 0 0 0 17713 0 22435 0 203699 0 0 Lori Yoshino AVP for Admin (thru 09/2019) 128071 0 0 0 0 0 16129 0 21335 0 165535 0 0 0 Part I, Line 1a Any of the items checked above are provided only as documented in a particular individual's contract with the College. The President is required to live in a Pitzer owned or leased residence as part of his/her contract. All maintenance expenses related to the house are paid by Pitzer. Social club fees are paid by the College. The value of these benefits was not included in the President's taxable compensation. A California Municipal Finance Authority 2014 Tax-Exempt Loan 201563466 000000000 2014-06-26 24937500 Advance refund CEFA 2005A in April 2015, property purchase & facility reno 0 0 0 B California Municipal Finance Authority 2017 201563466 000000000 2017-08-01 63000000 Advance refund CEFA 2009 and facility renovations. 0 0 0 A 2031984 25000000 125241 9140000 15734759 2016 0 1 1 1 B 403698 63000000 55498000 384599 7117401 2018 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Part II, Line 3, Column A and B: Explanation of difference between Line 3 and issue price: Interest income and gain/loss. X 19 302852 FMV 0 0 1 0 Part I, Column (b): The College is reporting the number of contributions in column (b). Form 990, Part VI, Section A, line 1 The Executive Committee consists of the Chair of the Board, the Vice-Chair of the Board, the President of the College, the chairperson (or, alternatively, the vice chairperson) of each standing committee, two at-large Trustees (appointed by vote of a majority of the Trustees then in office). Subject to limitations contained in California Corporations Code Section 5212(a) and additional limitations contained in the Pitzer College Bylaws, when the Pitzer College Board of Trustees is not in session, the Executive Committee has the authority of the Board of Trustees. Form 990, Part VI, Section A, line 4 The College amended its Bylaws for the following: 1) The Board must periodically fix the authorized number of Trustees within the permitted range of 5-45 as required by law and for purposes of determining a quorum. 2) Only Trustees may be voting members of the Audit & Risk Management Committee (A&R Committee) and that the A&R Committee recommends the acceptance of the audit for the full board to approve 3) Defined a quorum as the lesser of: a majority of trustees then in office, or fourteen; but in no event leses than one-fifth of the authorized number of trustees 4) Revise the Chair position to clarify general powers and duties of management Form 990, Part VI, Section B, line 11b Pitzer College's review process of the Form 990 includes various members of management as well as governing board members. Pitzer has engaged outside accounting firm to complete the Form 990, where information is provided to them from: the College's Business Office (BO) Assistant Vice President of Finance, VP of Finance and Administration, Pitzer Human Resources Department, the financial services Assistant Controller and Controller for the College. Once the final draft is prepared, the VP of Finance and Administration reviews the information with the BO team and any final revisions are made. A meeting is then scheduled with the College's Audit Committee where the final Form 990 is presented to them for review and approval. Once approved, the Form 990 is placed on the College's Board Effect's portal for all the voting Board of Trustees to review prior to filing. Form 990, Part VI, Section B, line 12c Pitzer has a Conflict of Interest Policy that prohibits trustees, officers and employees from using their positions and knowledge in any way that could create a conflict between the interests of the College and their own interests. The policy also requires that trustees, officers or other employees promptly report to the Trustee Audit Committee, any transaction or situation, pertaining to themselves or others, that may be a conflict of interest. Each trustee, officer and senior administrator must annually sign a statement documenting any existing or potential conflict of interest. The results of this annual reporting are reviewed by the Trustee Audit Committee. If any conflicts were identified during this documentation process, the Trustee Audit Committee would report this to the full board for their review and action, if warranted. In addition, it is the practice of trustees to recuse themselves from discussion and voting in circumstances where there may be a potential conflict of interest. Form 990, Part VI, Section B, line 15 The College uses benchmark salary data from comparable higher education institution groups for all employees, including executive management positions. Salaries are also reviewed annually in relation to performance as evidenced by annual written performance evaluations and years in position. Compensation for Pitzer's top executives is reviewed and approved by the Trustee Compensation Committee whose charge, drawn from the Bylaws, is as stated below: 4.11 (a)(i) Compensation Committee. There shall be a subcommittee of the Executive Committee known as the Compensation Committee that shall review and approve the compensation, including benefits, of all of the following: (a) the President, (b) the Treasurer, and (c) every person, regardless of title, with powers, duties or responsibilities comparable to a president, chief executive officer, treasurer or chief financial officer. The review shall be conducted in accordance with California Government Code Section 125856(g). The Compensation Committee shall be composed of independent Trustees and shall not include the President or Treasurer. In addition to the President and Treasurer, the Trustee Compensation Committee reviews and approves compensation for the Vice President of Academic Affairs as this position is designated to act as the chief executive officer in exigency. For the Treasurer and Vice President of Academic Affairs, the Compensation Committee reviews and approves recommended compensation after reviewing performance, and salary and benefits in relation to the average salary and benefits packages of selected peer organizations and years in position. Minutes of the committee and the analyses are kept in confidentiality, limited to the committee, the President, the Secretary of the Board, the Vice President for Administration and Finance/Treasurer, and the Director of Human Resources. The Director of Human Resources retains the minutes and analyses as documentation of this process. President's contract: As outlined in Pitzer College's Bylaws, the Board's Executive Committee annually conducts a performance review of the President. Under the Bylaws, if any changes to the President's employment contract, including salary and benefits, are considered appropriate and necessary, these changes are constructed carefully by the Compensation Committee, in discussions with the President, reviewed by the Executive Committee and submitted to the full Board of Trustees for discussion and approval. In particular, the Board discusses the President's performance, the external market for comparable presidents at peer liberal arts colleges and the overall needs and means of Pitzer College. After discussion, and given the importance that the Board attaches to its supervision of the President, the Board attempts to achieve a consensus in favor of -- and then formally approves -- all compensation decisions. Form 990, Part VI, Section C, line 19 - Governing documents are not available to the general public - Conflict of interest policy is not available to the public - Audited financial statements are available on the College's website Form 990, Part XI, line 9: Comprehensive Gain/(Loss) on defined benefit plans -453,512. Actuarial adjustment -179,883. Pitzer College BTC Trust c/o BlackRock Institutional Trust C San Francisco CA 94105 306596452 Grantor trust CA 356770 62314003 Pitzer College The Claremont Colleges Inc 101 S Mills Ave Claremont CA 91711 954786748 Support Claremont colleges CA 501(c)(3) Line 12a, I N/A 0 Pitzer College - Costa Rica 101 S Mills Ave Claremont CA 91711 320152376 Conservation easement for forest conservation CA 501(c)(3) Line 12a, I Pitzer College 1 Scripps-Pitzer Property Holdings LLC 1030 North Columbia Ave Claremont CA 91711 842206074 Property holding CA N/A Related 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Pitzer College - Costa Rica R 100000 Cash basis