2020-05-15T20:44:21-05:00 2019-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2018-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Mia Alonzo Controller and Assistant Vice 9096218043 2020-05-15 1 Tracy S Paglia P00366884 2099556100 2020-05-15 172.9.161.112 2020-05-15 16:31:55 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2CA4604677747A1B8287DC7DD1B2F222DAF5CAE3 2018 2020-11-19 02:30:22Z Melvin L Oliver 1050 N Mills Avenue Claremont CA 917116101 143146862 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 33 32 1032 247 39895 -100399 4152410 8728267 71925843 73411892 14944715 4190877 580083 564479 91603051 86895515 17968503 17330804 0 0 31978563 33471255 0 0 1554534 29774971 28543225 79722037 79345284 11881014 7550231 288767652 300841816 100410239 99206714 188357413 201635102 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 68689687 17330804 73411892 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,040 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. 68689687 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 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1426 0 1 1032 1 1 1 1 NP IT BC 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 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 Oliver President 40.00 1.00 X X 478487 0 87217 Harold Brown Chair of the Board 4.00 1.00 X X 0 0 0 Donald Gould Vice Chair of the Board 4.00 0.00 X X 0 0 0 Bridget Baker Trustee 0.00 0.00 X 0 0 0 Thomas Brock Trustee 1.00 0.00 X 0 0 0 Tim Campos Trustee 1.00 0.00 X 0 0 0 Steven Chang Trustee 1.00 0.00 X 0 0 0 Mark Eggert Trustee 1.00 0.00 X 0 0 0 Robert Fairbairn Trustee 1.00 0.00 X 0 0 0 Louise Ann Fernandez Trustee 1.00 0.00 X 0 0 0 Ruett Foster Trustee 1.00 0.00 X 0 0 0 Wendy Glenn Trustee 1.00 0.00 X 0 0 0 Angela Glover Blackwell Trustee 1.00 0.00 X 0 0 0 David Good Trustee 1.00 0.00 X 0 0 0 Susan Kessler Trustee thru 10/19 1.00 0.00 X 0 0 0 Jill Klein Trustee 1.00 0.00 X 0 0 0 David Brady Levin Trustee 1.00 0.00 X 0 0 0 Charles Mangum Trustee 1.00 0.00 X 0 0 0 Lori O'Hollaren Trustee 1.00 0.00 X 0 0 0 Kenneth Pitzer Trustee 1.00 0.00 X 0 0 0 Douglas Price Trustee 1.00 0.00 X 0 0 0 Susan Pritzker Trustee 1.00 0.00 X 0 0 0 Jonathan Reingold Trustee 1.00 0.00 X 0 0 0 Alissa Roston Trustee 1.00 0.00 X 0 0 0 Josh Schlesinger Trustee 1.00 0.00 X 0 0 0 William Sheinberg Trustee 1.00 0.00 X 0 0 0 Shahan Soghikian Trustee 1.00 0.00 X 0 0 0 Eugene Stein Trustee 1.00 0.00 X 0 0 0 Kevin Stein Trustee 1.00 0.00 X 0 0 0 Tracy Tindle Trustee 1.00 0.00 X 0 0 0 Michael Weinholtz Trustee 1.00 0.00 X 0 0 0 Phoebe Wood Trustee 1.00 0.00 X 0 0 0 Lori Yoshino AVP for Admin/Associate Treasurer 40.00 0.00 X 157891 0 45306 Mia Alonzo Controller 4.00 21.00 X 0 150218 40845 Laura Troendle Treasurer/VP for Finance and Admin 40.00 1.00 X 136120 0 21038 Melanie Lacey Sorenson Secretary of the Board 40.00 1.00 X 69206 0 28608 Nigel Boyle VP/Dean of Faculty 40.00 0.00 X 266658 0 52893 Neil Macready VP College Advancement 40.00 0.00 X 213322 0 43352 Yvonne Berumen VP of Admission and Financial Aid 40.00 0.00 X 177960 0 34862 James Marchant VP for Strategic Initiatives 40.00 0.00 X 166381 0 38585 Mark Bailey VP of Communications 40.00 0.00 X 165400 0 43939 Yuet Lee - Former VP for Admin/Treasurer thru 06/18 40.00 0.00 X 343033 0 23259 Stuart McConnell Faculty 40.00 0.00 X 313422 0 11396 Jim Hoste Faculty 40.00 0.00 X 308785 0 9307 Albert Wachtel Faculty 40.00 0.00 X 186765 0 36768 Sheryl Miller Faculty 40.00 0.00 X 183795 0 22620 Muriel Poston Faculty/Former Key Employee 40.00 0.00 X 187539 0 18182 3354764 150218 558177 56 1 1 0 Bon Appetit PO Box 50196 Los Angeles CA 900740196 Food Service 2622276 Con-Am Inc 903 Calle Amanecer Suite 210 San Clemente CA 92673 Construction 586171 KAR Construction Inc 1306 W Brooks St Ontario CA 917623611 Construction 419888 ABM Onsite Services-West Inc 1150 South Olive Street 19th FL Los Angeles CA 90015 Janitorial Services 230050 Jonescape Inc 4650 Arrow Highway Suite G6 Montclair CA 91763 Grounds Service 193982 6 44312 171851 8512104 160280 8728267 Tuition and fees 611600 57492679 57492679 Auxiliary enterprises 611710 14540447 14540447 Summer conferences 611710 829655 829655 Federal Grants and Contracts 611710 532574 532574 Private contracts 900099 16537 16537 73411892 2580360 -25834 2606194 54820236 3018170 54004174 2223715 816062 794455 1610517 65729 1544788 8349 44312 23458 -15109 -15109 Other sources 900099 579588 579588 579588 86895515 73411892 39895 4715461 17330804 17330804 2275312 315607 1831368 128337 283325 214471 68854 23036009 20291650 1784107 960252 3052245 2698065 236780 117400 3109767 2858281 125049 126437 1714597 1439142 207525 67930 107609 6244 101365 147621 849 146772 278063 278063 1684587 1231870 427677 25040 230673 208508 510 21655 1089705 978308 88214 23183 901899 238376 635313 28210 1686784 1604162 81258 1364 1770889 1655049 76485 39355 684228 531531 140215 12482 2461554 2441595 19959 9535820 7322836 2211595 1389 4506097 4270335 235762 264173 12405 251768 Food and Housing 1974443 1974443 Building Repair 688388 631252 56070 1066 Non Capitalized Equipme 99457 89343 10114 431235 344561 86240 434 79345284 68689687 9101063 1554534 2061393 1684329 31839291 33075064 1487839 6058772 1828734 1811248 7552 0 106679 108152 2905560 2112617 153075782 53200277 99922830 99875505 97860096 99035758 45313197 52189926 2969391 2442701 2465090 2447744 288767652 300841816 4332168 3919679 918052 1097937 86411154 85846661 627007 436970 8121858 7905467 100410239 99206714 X 122784524 129396248 27816542 72238854 37756347 0 188357413 201635102 288767652 300841816 X 7550231 5435343 292115 X 0 1 X 1 1 1 X 5991122 3491606 4249804 4152410 8728267 26613209 5991122 3491606 4249804 4152410 8728267 26613209 6584183 20029026 2781382 2733579 2482802 2112831 2606194 12716788 17329 41719 11033 70081 566704 435672 881212 598581 579588 3061757 42461835 341894209 0.47170 0.50900 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2014 Amount: $ 566,704. 2015 Amount: $ 435,672. 2016 Amount: $ 881,212. 2017 Amount: $ 598,581. 2018 Amount: $ 579,588. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 134877145 3479846 -328900 721579 4167851 305413 132833248 0.59000 0.24000 0.17000 1 0 15474207 15474207 125462306 43926332 81535974 11235098 9273945 1961153 904171 904171 99875505 Limited Partnerships 52189926 F 52189926 Government advances for student loans 1069514 Annuities payable 60824 Early retirement liability 5978544 Asset retirement obligation 796585 7905467 X 75233128 5435343 315573 5750916 69482212 278063 17135240 17413303 86895515 62039815 107834 107834 61931981 278063 17135240 17413303 79345284 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, 2019 and 2018. The College's tax returns are subject to review and examination by federal and state authorities. Part XI, Line 2d - Other Adjustments: Realized Losses on Contributions Receivable -287,171. Actuarial Adjustments -24,487. Comprehensive gain(loss) on defined benefit plans 603,773. Fundraising event expenses 23,458. Part XI, Line 4b - Other Adjustments: Student Financial aid 17,135,240. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 84,376. Fundraising event expenses 23,458. Part XII, Line 4b - Other Adjustments: Student Financial aid 17,135,240. 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/content.php?catoid=12&navoid=809. 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. 1 Central America and the Caribbean 1 1 Program services Education 337465 Europe (including Iceland and Greenland) 1 1 Program services Education 208246 South America 1 1 Program services Education 352367 South Asia 1 1 Program services Education 300344 Sub-Saharan Africa 1 1 Program services Education 537937 Central America and the Caribbean 0 0 Investments 21630168 5 5 0 0 5 5 23366527 0 23366527 1 0 1 1 1 0 Part I, Line 2: Funds are sent via wire to the director in charge of the program. Receipts for all expenses are sent to the Treasurer's office where they are reconciled, translated into US currency and recorded. Actual expenses are recorded each year except for some expenses at the end of the year that are estimated and reconciled in the following year when the receipts are received. Part I, line 3: Accrual Method Auction 52661 44312 8349 1225 7995 13169 1069 52661 44312 8349 1225 7995 13169 1069 23458 -15109 1 Institutional Grant Aid 550 16460105 Rose Hills Foundation 5 187500 Pritzker Scholarship 11 55000 Davis UWC Scholarship 8 70000 Supplemental Educational Opportunity Grant 59 227635 NSF STEM Grant Aid 14 135000 Stipends 161 170354 Fellowships 17 25210 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 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 Melvin Oliver President 472487 0 0 0 6000 0 33000 0 54217 0 565704 0 0 0 Lori Yoshino AVP for Admin/Associate Treasurer 156051 0 1000 0 840 0 19578 0 25728 0 203197 0 0 0 Mia Alonzo Controller 0 149738 0 0 0 480 0 16399 0 24446 0 191063 0 0 Laura Troendle Treasurer/VP for Finance and Admin 109811 0 25000 0 1309 0 12500 0 8538 0 157158 0 0 0 Nigel Boyle VP/Dean of Faculty 266658 0 0 0 0 0 32805 0 20088 0 319551 0 0 0 Neil Macready VP College Advancement 204382 0 5000 0 3940 0 22950 0 20402 0 256674 0 0 0 Yvonne Berumen VP of Admission and Financial Aid 175408 0 0 0 2552 0 21420 0 13442 0 212822 0 0 0 James Marchant VP for Strategic Initiatives 165181 0 0 0 1200 0 20507 0 18078 0 204966 0 0 0 Mark Bailey VP of Communications 164320 0 0 0 1080 0 20316 0 23623 0 209339 0 0 0 Yuet Lee - Former VP for Admin/Treasurer thru 06/18 190387 0 0 0 152646 0 22846 0 413 0 366292 0 0 0 Stuart McConnell Faculty 313422 0 0 0 0 0 9580 0 1816 0 324818 0 0 0 Jim Hoste Faculty 308785 0 0 0 0 0 8810 0 497 0 318092 0 0 0 Albert Wachtel Faculty 186765 0 0 0 0 0 22736 0 14032 0 223533 0 0 0 Sheryl Miller Faculty 183795 0 0 0 0 0 22055 0 565 0 206415 0 0 0 Muriel Poston Faculty/Former Key Employee 187539 0 0 0 0 0 11139 0 7043 0 205721 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. Part I, Line 4a Yuet Lee , former VP for Admin/Treasurer received a severance payment of $151,986 during 2018. The agreement is subject to a confidentiality clause; details will be provided to the IRS upon request. Part I, Line 7 Lori Yoshino received a discretionary bonus of $1,000 for work completed on a project. 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 1415645 25000000 125241 9140000 15734759 2016 0 1 1 1 B 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 20 160280 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 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: 4.22 (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: Realized Losses on Contributions Receivable -287,171. Comprehensive Gain(Loss) on defined benefit plans 603,773. Actuarial adjustment -24,487. Pitzer College BTC Trust c/o BlackRock Institutional Trust C San Francisco CA 94105 306596452 Grantor Trust CA 2494194 0 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 180000 Cash basis