2020-05-11T14:17:28-07:00 2019-06-30 990 2018-07-01 540505906 HAMPDEN-SYDNEY COLLEGE HAMP 4342236216 College Road Hampden Sydney VA 23943 Paul Copeland VP for Business Affairs & Finance 4342236216 2020-05-11 72.10.229.251 2018 2021-01-29 14:40:06Z John Lawrence Stimpert College Road Hampden Sydney VA 23943 96106490 0 X http://www.hsc.edu X 1783 VA Since 1775, the mission of Hampden-Sydney College has been to form good men and good citizens in an atmosphere of sound learning. 32 32 955 904 37029 0 19573862 14702711 60557760 63269825 1597096 71967 2099769 754652 83828487 78799155 26596920 28155016 0 0 28282623 28759770 0 0 2014173 22146026 23112495 77025569 80027281 6802918 -1228126 299719788 321738138 26155904 40896891 273563884 280841247 Since 1775, the mission of Hampden-Sydney College has been to form good men and good citizens in an atmosphere of sound learning. 0 0 67616345 28155016 63987448 Hampden-Sydney College is a lively community seeking to form good men and good citizens in an atmosphere of sound learning. The mission of the College is to instill in its students a commitment to sound scholarship through studies in the natural sciences, the humanities, and the social sciences; to cultivate qualities of character and moral discernment rooted in the Judeo-Christian tradition; to develop clear thinking and expression; to promote an understanding of the world and our place in it; to impart a comprehension of social institutions as a basis for intelligent citizenship and responsible leadership in a democracy; to prepare those with special interests and capacities for graduate and professional study; and to equip graduates for a rewarding and productive life. Hampden-Sydney is a liberal arts college for men now enrolling approximately 1,000 students. In operation since 1775, the College is one of the oldest institutions of higher learning in the US. 0 0 0 67616345 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 1 0 1 0 0 0 1 0 0 0 0 1 1534 0 1 955 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X Paul Kenneth Copeland 4342236216 College Road Hampden Sydney VA 23943 John B Adams Jr Trustee 3 0 X 0 0 0 Eric E Apperson Trustee 3 0 X 0 0 0 J Trevor Boyce Trustee 3 0 X X 0 0 0 Orran L Brown Sr Trustee 3 0 X X 0 0 0 Charles L Cabell Trustee 3 0 X 0 0 0 Robert K Citrone Trustee 3 0 X 0 0 0 Richard F Cralle III Trustee 3 0 X 0 0 0 Jon M Daly Trustee 3 0 X 0 0 0 Nathan J DaPore Trustee 3 0 X 0 0 0 George S Dewey IV Trustee 3 0 X 0 0 0 John W Drescher Trustee 3 0 X 0 0 0 John C Ellis Jr Trustee 3 0 X 0 0 0 H Todd Flemming Trustee 3 0 X 0 0 0 Salvatore Giannetti III Trustee 3 0 X 0 0 0 M Peebles Harrison Trustee 20 0 X X 0 0 0 Eugene W Hickok Trustee 3 0 X 0 0 0 William B Howard Trustee 3 0 X 0 0 0 John W Kirk III Trustee 3 0 X 0 0 0 John G MacFarlane III Trustee 3 0 X X 0 0 0 John E Mansfield Jr Trustee 3 0 X 0 0 0 W Sheppard Miller III Trustee 3 0 X 0 0 0 Bartow Morgan Jr Trustee 3 0 X 0 0 0 Jon A Pace Trustee 3 0 X 0 0 0 Cynthia D Payne-Pryor Trustee 3 0 X 0 0 0 Beth Rilee-Kelley Trustee 3 0 X 0 0 0 Frank W Roach Trustee 3 0 X 0 0 0 Rodney P Ruffin Trustee 3 0 X 0 0 0 William P Schwind Trustee 3 0 X 0 0 0 Thasseus R Shelly III Trustee 3 0 X 0 0 0 John C Sifford Trustee 3 0 X 0 0 0 James C Wheat III Trustee 3 0 X 0 0 0 Mark T Wright Trustee 3 0 X 0 0 0 John Larry Stimpert President 50 0 X 318926 0 70320 W Glenn Culley Jr VP for Business Affairs 50 0 X X 187867 0 51024 Dennis G Stevens Provost 50 0 X X 203910 0 34764 Anita H Garland Dean of Admissions 50 0 X 154060 0 18501 Walter C McDermott III Dean of Faculty/Professor 50 0 X 151064 0 47802 Kenneth N Townsend Professor 50 0 X 133790 0 23503 Gregory M Dempster Elliott Professor 50 0 X 144316 0 12459 Chad E Eisele Director of Athletics 50 0 X 122662 0 43688 Justin P Isaacs Elliott Professor 50 0 X 133682 0 10115 Robert P Sabbatini Dean of Students 50 0 X 117171 0 42295 1667448 0 354471 22 1 1 0 Thompson Hospitality Services 1741 Business Center Drive Suite 200 Reston VA 20190 Food Service 3730256 Trane US Inc P O Box 4016469 Atlanta GA 303846469 HVAC Contracting 691297 W M Jordan Company Inc P O Box 24366 Richmond VA 23224 Construction 664910 EAB Global Inc P O Box 603519 Charlotte NC 282603519 Consultant 609830 EYP Inc 201 Fuller Road 5th Floor Albany NY 12203 Consultant 512614 23 3403189 11299522 2250061 14702711 Gross Tuition & Fees 611310 48590274 48590274 0 0 Auxiliary Enterprises 611710 14679551 14679551 0 0 0 0 0 0 63269825 252456 252456 0 0 17126846 0 17307335 0 -180489 0 -180489 0 0 -180489 Other Activities 900099 754652 717623 37029 0 0 0 0 0 754652 78799155 63987448 37029 71967 0 0 27812641 27812641 342375 342375 0 0 740093 0 740093 0 0 0 0 0 21387449 16592703 3633633 1161113 1558572 1108785 362666 87121 3562835 2534640 829040 199155 1510821 1074814 351555 84452 0 0 0 0 152755 8060 144695 0 128585 0 128585 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2552222 1594838 872278 85106 812548 629881 144766 37901 0 0 0 0 2230817 1102442 1128375 1161986 884245 202805 74936 0 0 0 0 0 0 0 0 763605 763605 0 0 0 0 0 0 4085250 4085250 360936 172651 188285 General 4962531 3961864 770895 229772 Consultants 148718 98743 20625 29350 Contract Services 5752542 4848808 878467 25267 80027281 67616345 10396763 2014173 9239148 5888682 5633757 6396514 575472 505809 477177 477177 4444018 4665146 1097716 1172877 938205 907443 176090038 79036547 94818859 97053491 6589554 5275458 175905882 199395541 299719788 321738138 8150622 9162689 1355493 1352810 303907 140103 11382909 26206925 4962973 4034364 0 0 26155904 40896891 X 82457695 81274489 91418402 93508415 99687787 106058343 273563884 280841247 299719788 321738138 -1228126 8505489 X 0 1 X 1 1 1 X 12899198 5628111 9245699 16217167 11299522 55289697 0 0 0 0 0 0 0 0 0 0 0 0 12899198 5628111 9245699 16217167 11299522 55289697 3445503 51844194 102879 139252 67937 107448 252456 669972 24524 24846 28096 41931 37029 156426 784222 555923 874579 2099769 754652 5069145 61185240 204988912 0.84733 0.87584 X Schedule A, Part II, Line 10 Other income includes various miscellaneous income from the different departments on campus. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2155 2155 0 Schedule C, Part II-B, Line 1 Hampden-Sydney College is a member of the CICV (Council of Independent Colleges in Virginia). One way that the CICV serves its members is by monitoring legislation and advocating public policy that could affect Virginia private colleges. The CICV uses its voice to advocate on behalf of its members at various government levels, such as the Virginia General Assembly and Congress. CICV has calculated that the percentage of membership dues ($19,787.52) that was used for lobbying during the 18/19 membership year was 10.89%. 173908401 6417594 8615825 0 5791458 0 183150362 160510518 6654236 13171103 0 6427456 0 173908401 146405267 4415342 16667858 0 6977949 0 160510518 158291875 1692315 -7203073 0 6375850 0 146405267 152694312 4476130 7262607 0 6141174 0 158291875 0.02 0.56 0.42 1 0 0 3070841 3070841 0 144313350 54782492 89530858 0 11578426 9982011 1596415 0 17127421 14272044 2855377 0 0 0 0 97053491 Other 1957214 F Real Estate 4520000 F Alternative Investments 170710456 F Certificates of Deposit 50000 F Beneficial Interest in Trusts 7047214 F Government Obligations 15110657 F 199395541 0 X 59149628 8505489 0 0 -28155016 -19649527 78799155 0 0 0 78799155 51872265 0 0 0 0 0 51872265 0 28155016 28155016 80027281 Schedule D, Part V, Line 4 Hampden-Sydney's endowment funds are used to provide financial aid to students with a demonstrated financial need, as well as, academic achievement. The funds also support chairs, professorships, and other programs that support the college as a whole. The College also benefits from financial support that the funds contribute to the annual operating budget. Schedule D, Part X, Line 2 Management evaluated the College's tax positions and has concluded that the College has taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. Schedule D, Part XI, Line 2d Scholarship allowance is included in revenue on the financial statements. Schedule D, Part XII, Line 4b Scholarship allowance is included in revenue on the financial statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Hampden-Sydney College publicizes its racially nondiscriminatory policy through newspaper media. The College website also includes a statement that Hampden-Sydney does not discriminate on the basis of race, color, sex, religion, age, national origin, handicap, sexual orientation, or veteran status in the operation of its education programs and with respect to employment. Schedule E, Part I, Line 6 Students at Hampden-Sydney College received federal financial aid totaling $8,184,732 for the 2018-2019 year. This included Pell Grants, Perkins Loans, subsidized and unsubsidized SSL, parent loans, and others. Students at Hampden-Sydney College received state financial aid totaling $2,347,881 for the 2018/2019 year. Most of this was from TAGP. Financial Aid Europe (including Iceland and Greenland) 11 227125 Student Account 0 Financial Aid East Asia and the Pacific 4 49250 Student Account 0 Financial Aid Central America and the Caribbean 1 14500 Student Acount 0 Financial Aid Sub-Saharan Africa 1 17500 Student Account 0 Financial Aid Middle East and North Africa 1 34000 Student Account 0 1 0 0 0 0 0 1 Grants and Scholarships 1066 27812641 Schedule I, Part I, Line 2 Students who wish to be considered for financial aid complete an application - the PROFILE from the college scholarship service to apply for college grants and scholarships. Financial aid awards are reviewed at the end of each semester and may be withdrawn if a recipient's citizenship or academic work does not meet the standards of the college. College-sponsored grants and scholarships are limited to 8 semesters and require full-time enrollment. Financial aid recipients must maintain minimum satisfactory academic progress. Hampden-Sydney College offers several scholarships and awards without regard to financial need, which recognize outstanding academic and extracurricular achievement. All applicants for admission are automatically considered for academic scholarships. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 John Larry Stimpert President 318926 0 0 0 0 0 23915 0 46405 0 389246 0 0 0 W Glenn Culley Jr VP for Business Affairs 187867 0 0 0 0 0 17210 0 33814 0 238891 0 0 0 Dennis G Stevens Provost 203910 0 0 0 0 0 18050 0 16714 0 238674 0 0 0 Anita H Garland Dean of Admissions 154060 0 0 0 0 0 13787 0 4714 0 172561 0 0 0 Walter C McDermott III Dean of Faculty/Professor 151064 0 0 0 0 0 13345 0 34457 0 198866 0 0 0 Kenneth N Townsend Professor 133790 0 0 0 0 0 12288 0 11215 0 157293 0 0 0 Gregory M Dempster Elliott Professor 144316 0 0 0 0 0 11639 0 820 0 156775 0 0 0 Chad E Eisele Director of Athletics 122662 0 0 0 0 0 12133 0 31555 0 166350 0 0 0 Robert P Sabbatini Dean of Students 117171 0 0 0 0 0 10748 0 31547 0 159466 0 0 0 Schedule J, Part I, Line 1a The President , VP for Institutional Advancement and the VP for Business Affairs and Finance are required to live on campus in a home owned by the college as a condition of employment. The value of the lodging is not reported as taxable compensation. Housekeeping is also provided for the president's home. A IDA of Town of Farmvlle VA 546001272 311617aa2 2003-03-06 6000000 Construction and renovating buildings 0 0 0 B IDA of Town of Farmville VA 546001272 2004-07-15 1210000 Renovating and equipping Graham Hall 0 0 0 C IDA of Prince Edward County 541245781 2005-11-10 10000000 Constructing and equipping of a library facility 0 0 0 D IDA Educational Facilities Rev Bonds 2018 541245781 2018-12-19 15000000 Construction and renovating buildings 0 0 0 A 0 0 6000000 0 0 0 112500 0 0 0 5887500 0 2005 0 0 1 1 B 0 0 1210000 0 0 0 24000 0 0 0 1186000 0 2006 0 0 1 1 C 0 0 10000000 0 0 0 35000 0 0 0 9965000 0 2006 0 0 1 1 D 0 0 16097709 0 0 0 170900 0 0 0 15926809 0 2020 0 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 D 0 Schedule K, Part I, Column f-03/06/2003 6,000,000 IDA of Town of Farmvlle VA Constructing and renovating buildings and installing underground power lines. Schedule K, Part I, Column f-07/15/2004 1,210,000 IDA of Town of Farmville VA Renovating and equipping Graham Hall. Schedule K, Part I, Column f-11/10/2005 10,000,000 IDA of Prince Edward County Constructing, equipping, and developing a library facility. Schedule K, Part I, Column f-12/19/2018 15,000,000 IDA Educational Facilities Rev Bonds 2018 Constructing and renovating buildings Schedule K, Part IV, Line 2c-03/06/2003 6,000,000 IDA of Town of Farmvlle VA Rebate computation was performed on March 6, 2003. Schedule K, Part IV, Line 2c-07/15/2004 1,210,000 IDA of Town of Farmville VA Rebate computation was performed July 1, 2009. Schedule K, Part IV, Line 2c-11/10/2005 10,000,000 IDA of Prince Edward County Rebate computation was performed June 23, 2010. Schedule K, Part IV, Line 2c-12/19/2018 15,000,000 IDA Educational Facilities Rev Bonds 2018 Rebate computation was performed December 19, 2019. Christopher B Howard Former President Split Dollar Insurance X 333010 477177 0 1 1 477177 Patricia Townsend Spouse of Kenneth Townsend 38032 Compensation as HSC Employee 0 X 109 2250061 FMV 0 0 1 0 Form 990, Part VI, Section B, Line 11b Form 990 is reviewed first by the controller, then by the VP for Business Affairs and Finance and then by the Board of Trustees through a secure website before it is filed with the IRS. Form 990, Part VI, Section B, Line 12c Each member of the board of trustees is expected to report promptly to the president of the college or to the chairman of the board of trustees the existence of any relationship or interest, as it arises, which actually or potentially involves or may appear to involve a conflict of interest. In addition, each trustee will be asked to sign a statement annually reflecting his or her continuing awareness and understanding of this policy. At the same time, the individual will report either the absence of potential conflicts or the possible areas of concern. Form 990, Part VI, Section B, Line 15 Outside compensation consultants were hired to provide an opinion on the reasonableness of the total compensation paid to the president of Hampden-Sydney College. The study included a review of the entire compensation arrangement including cash and non-cash components, as well as, taxable and non-taxable benefits. The study also included a survey of peer colleges and published survey information for tax-exempt and for-profit sectors. In addition to the compensation study, the compensation for key employees is also reviewed by the board annually. Form 990, Part VI, Section C, Line 19 Hampden-Sydney College makes available, upon request, the three most recent Forms 990 and 990-T and other documents required to be open to public inspection. HSC Poplar Hill LLC P O Box 127 Hampden Sydney VA 23943 540505906 Real Estate VA 0 4520000 Hampden Sydney College HSC Fine Arts Project LLC P O Box 127 Hampden Sydney VA 23943 540505906 Real Estate VA 0 5317952 Hampden Sydney College