TRUSTEES OF AMHERST COLLEGE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- TRUSTEES OF AMHERST COLLEGE (EIN 04-2103542)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201911359349310511
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T15:03:23-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103542 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMHERST COLLEGE TRUSTEES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Stephen Nigro | InCareOfNm |
| Business Name Control | AMHE | BusinessNameControlTxt |
| Phone | 4135422101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 Controllers Office | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN WEINMAN | PersonNm |
| Person Title | Chief Fin & Admin | PersonTitleTxt |
| Phone | 4135422101 | PhoneNum |
| Signature | 2019-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHY JOSEPH | PreparerPersonNm |
| PTIN | P01085371 | PTIN |
| Phone | 6179881000 | PhoneNum |
| Preparation | 2019-05-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.102.5 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 04502320191355000030 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2613B1AB8C15F9A33FC01311C842B6763530F59B | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 80CA6C2FBD69822664E77D031A6A7395B734FA74 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Carolyn Martin | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $983,565,579 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.amherst.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1821 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, (continued on Schedule O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 3425 | TotalEmployeeCnt |
| Total Volunteers | 3800 | TotalVolunteersCnt |
| Total Gross UBI | -$4,414,114 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$7,585,010 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $48,087,674 | PYContributionsGrantsAmt |
| CY Contributions Grants | $115,157,484 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $120,759,113 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $126,562,829 | CYProgramServiceRevenueAmt |
| PY Investment Income | $147,795,449 | PYInvestmentIncomeAmt |
| CY Investment Income | $168,231,588 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,101,298 | PYOtherRevenueAmt |
| CY Other Revenue | $3,839,220 | CYOtherRevenueAmt |
| PY Total Revenue | $321,743,534 | PYTotalRevenueAmt |
| CY Total Revenue | $413,791,121 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,307,340 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $59,143,318 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $124,522,532 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $128,356,070 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $180,345 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,754,524 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $118,050,415 | PYOtherExpensesAmt |
| CY Other Expenses | $124,920,988 | CYOtherExpensesAmt |
| PY Total Expenses | $298,880,287 | PYTotalExpensesAmt |
| CY Total Expenses | $312,600,721 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,863,247 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $101,190,400 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,714,434,448 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,963,621,671 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $657,181,014 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $641,692,291 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,057,253,434 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,321,929,380 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, (continued on Schedule O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $220,294,923 | ExpenseAmt |
| Grant | $57,644,628 | GrantAmt |
| Revenue | $126,840,995 | RevenueAmt |
| Desc | Higher Education: Undergraduate Education Amherst College is an undergraduate institution with an approximate student enrollment of 1,800. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,709,124 | ExpenseAmt |
| Grant | $861,272 | GrantAmt |
| Revenue | $3,641,585 | RevenueAmt |
| Desc | Home to the world's largest Shakespeare collection, the Folger Shakespeare Library is a major center for scholarly research; a lively venue for performances, readings, exhibitions; and a national leader in humanities education. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $236,004,047 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2671 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3425 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephen Nigro | PersonNm |
| Phone | 4135422101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 Controllers Office | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Theodore W Beneski | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jeffery L Bleich | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Rafael Campo | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Patrick Fitzgerald | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Susannah R Grant | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Douglas C Grissom | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Phillip A Jackson | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Arthur W Koenig | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Simon C Krinsky | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Kimberlyn R Leary | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Christopher S Lehane | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| John S Middleton | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Cullen Murphy | ||||||||||
| Trustee/Chair | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Andrew J Nussbaum | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dwight M Poler | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Joseph F Quinn | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Sarah Bloom Raskin | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Christine Noyer Seaver | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Paul M Smith | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| David A Sutphen | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Shirley M Tilghman | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Laura J Yerkovich | ||||||||||
| Trustee | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Carolyn Martin | ||||||||||
| President | 40.0 | 0.0 | Yes (X) | $1,302,640 | $0 | $136,839 | Yes (X) | |||
| Stephen Nigro | ||||||||||
| Controller | 40.0 | 0.0 | $124,710 | $0 | $19,085 | Yes (X) | ||||
| Bett K Schumacher | ||||||||||
| Chief of Staff/Sec of Trustees | 40.0 | 0.0 | $114,111 | $0 | $11,281 | Yes (X) | ||||
| Kevin Weinman | ||||||||||
| Chief Fin and Admin Officer | 40.0 | 0.0 | $344,446 | $0 | $61,870 | Yes (X) | ||||
| Michael Witmore | ||||||||||
| Folger Director | 40.0 | 0.0 | $403,968 | $0 | $42,168 | Yes (X) | ||||
| James Brassord | ||||||||||
| Chief of Campus Operations | 40.0 | 0.0 | $253,655 | $0 | $38,649 | Yes (X) | ||||
| Suzanne Coffey | ||||||||||
| Chief of Student Affairs | 40.0 | 0.0 | $317,741 | $0 | $55,497 | Yes (X) | ||||
| Catherine Epstein | ||||||||||
| Dean of Faculty | 40.0 | 0.0 | $277,483 | $0 | $67,610 | Yes (X) | ||||
| Katherine Fretwell | ||||||||||
| Dean of Admiss & Fin Aid | 40.0 | 0.0 | $204,800 | $0 | $34,461 | Yes (X) | ||||
| Mauricia Geissler | ||||||||||
| Chief Investment Officer | 40.0 | 0.0 | $434,934 | $0 | $60,126 | Yes (X) | ||||
| Lisa Rutherford | ||||||||||
| Chief Policy Off/Gen Counsel | 40.0 | 0.0 | $319,761 | $0 | $60,460 | Yes (X) | ||||
| Gregory Call | ||||||||||
| Professor of Mathematics | 40.0 | 0.0 | $289,074 | $0 | $40,818 | Yes (X) | ||||
| John Cheney | ||||||||||
| A. Dean of Fac/Prof of Geology | 40.0 | 0.0 | $261,713 | $0 | $53,760 | Yes (X) | ||||
| Gretchen Dwyer | ||||||||||
| Exec Director of Development | 40.0 | 0.0 | $304,161 | $0 | $59,879 | Yes (X) | ||||
| Sandra Genelius | ||||||||||
| Chief COmmunications Officer | 40.0 | 0.0 | $256,563 | $0 | $23,050 | Yes (X) | ||||
| Austin Sarat | ||||||||||
| A. Dean of Fac/Prof of Pol Sci | 40.0 | 0.0 | $368,288 | $0 | $72,838 | Yes (X) | ||||
| Susan Pikor | ||||||||||
| Fmr Chief of Staff | 0.0 | 0.0 | $191,163 | $0 | $31,885 | Yes (X) | ||||
| Charri Boykin-East | ||||||||||
| FMR Sr. A. Dean of Students | 0.0 | 0.0 | $155,069 | $0 | $55,335 | Yes (X) | ||||
| Allen Hart | ||||||||||
| FMR Dean of Students | 0.0 | 0.0 | $202,283 | $0 | $54,117 | Yes (X) | ||||
| Elizabeth Anema | ||||||||||
| FMR ED of Alum/Par Prog & Giv. | 0.0 | 0.0 | $335,682 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,462,245 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $979,728 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 211 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Barr Barr Inc | |||||
| 24 Prime Parkway 301 | NATICK | MA | 02139 | Construction Service | $86,024,056 |
| Sequoia Capital | |||||
| 3000 Sand Hill Road | WEST MENLO PARK | CA | 94025 | Investment Manager | $2,365,362 |
| Greenhaven Associates | |||||
| 3 Manhattanville Road 102 | PURCHASE | NY | 10577 | Investment Manager | $2,338,201 |
| The Baupost Group LLC | |||||
| 10 Saint Avenue Suite 1700 | BOSTON | MA | 02116 | Investment Manager | $2,310,647 |
| Payette Associates Inc | |||||
| 290 Congress Street | BOSTON | MA | 02210 | Architecture Service | $2,013,388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 102 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $406,689 | FundraisingAmt |
| Government Grants | $3,060,771 | GovernmentGrantsAmt |
| All Other Contributions | $111,690,024 | AllOtherContributionsAmt |
| Noncash Contributions | $7,187,295 | NoncashContributionsAmt |
| Total Contributions | $115,157,484 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition and Other Student Fees | 611310 | $96,306,083 | $96,306,083 | |
| Room & Board | 721000 | $24,764,607 | $24,764,607 | |
| BOX OFFICE/EVENTS | 711130 | $2,155,134 | $2,150,338 | $4,796 |
| SUMMER CONFERENCES | 611710 | $1,351,483 | $1,503,299 | -$151,816 |
| DINING SERVICES | 611600 | $701,338 | $701,338 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,284,184 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,284,184 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $126,562,829 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,428,621 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$8,573,142 | UnrelatedBusinessRevenueAmt |
| Exclusion | $29,001,763 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $359,026 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $359,026 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,207,162 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,160,023 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $47,139 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,139 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,139 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $716,266,371 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $568,463,404 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $147,802,967 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147,802,967 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $4,306,048 | UnrelatedBusinessRevenueAmt |
| Exclusion | $143,496,919 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $70,500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $406,689 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $151,031 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$80,531 | TotalRevenueColumnAmt |
| Exclusion | -$80,531 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,513,586 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,513,586 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,513,586 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $413,791,121 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $130,629,600 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$4,414,114 | UnrelatedBusinessRevenueAmt |
| Exclusion | $172,418,151 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,309 | TotalAmt |
| Program Services | $232,309 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,505,900 | TotalAmt |
| Program Services | $58,505,900 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,109 | TotalAmt |
| Program Services | $405,109 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,629,098 | TotalAmt |
| Program Services | $1,565,207 | ProgramServicesAmt |
| Management And General | $2,580,800 | ManagementAndGeneralAmt |
| Fundraising | $483,091 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $259,041 | TotalAmt |
| Management And General | $259,041 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,036,130 | TotalAmt |
| Program Services | $79,900,383 | ProgramServicesAmt |
| Management And General | $9,923,317 | ManagementAndGeneralAmt |
| Fundraising | $4,212,430 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,008,986 | TotalAmt |
| Program Services | $6,550,463 | ProgramServicesAmt |
| Management And General | $1,067,535 | ManagementAndGeneralAmt |
| Fundraising | $390,988 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,615,074 | TotalAmt |
| Program Services | $12,450,336 | ProgramServicesAmt |
| Management And General | $1,496,155 | ManagementAndGeneralAmt |
| Fundraising | $668,583 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,807,741 | TotalAmt |
| Program Services | $5,567,977 | ProgramServicesAmt |
| Management And General | $907,419 | ManagementAndGeneralAmt |
| Fundraising | $332,345 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,162 | TotalAmt |
| Program Services | $10,070 | ProgramServicesAmt |
| Management And General | $955,501 | ManagementAndGeneralAmt |
| Fundraising | $1,591 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,123 | TotalAmt |
| Management And General | $352,123 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,667 | TotalAmt |
| Program Services | $6,667 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,345 | TotalAmt |
| Fundraising | $180,345 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,380,951 | TotalAmt |
| Management And General | $38,380,951 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,421,249 | TotalAmt |
| Program Services | $3,598,667 | ProgramServicesAmt |
| Management And General | $2,663,491 | ManagementAndGeneralAmt |
| Fundraising | $1,159,091 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,701,252 | TotalAmt |
| Program Services | $960,533 | ProgramServicesAmt |
| Management And General | $220,394 | ManagementAndGeneralAmt |
| Fundraising | $520,325 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,614,902 | TotalAmt |
| Program Services | $2,883,853 | ProgramServicesAmt |
| Management And General | $476,891 | ManagementAndGeneralAmt |
| Fundraising | $254,158 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,268,527 | TotalAmt |
| Program Services | $2,185,794 | ProgramServicesAmt |
| Management And General | $1,081,768 | ManagementAndGeneralAmt |
| Fundraising | $965 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,177 | TotalAmt |
| Program Services | $112,177 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,413,009 | TotalAmt |
| Program Services | $7,952,997 | ProgramServicesAmt |
| Management And General | $363,897 | ManagementAndGeneralAmt |
| Fundraising | $96,115 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,709,359 | TotalAmt |
| Program Services | $2,228,652 | ProgramServicesAmt |
| Management And General | $330,094 | ManagementAndGeneralAmt |
| Fundraising | $150,613 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,014,469 | TotalAmt |
| Program Services | $2,221,139 | ProgramServicesAmt |
| Management And General | $558,672 | ManagementAndGeneralAmt |
| Fundraising | $234,658 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,333,359 | TotalAmt |
| Program Services | $11,276,022 | ProgramServicesAmt |
| Management And General | $1,810,457 | ManagementAndGeneralAmt |
| Fundraising | $246,880 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,467,133 | TotalAmt |
| Program Services | $14,578,098 | ProgramServicesAmt |
| Management And General | $738,222 | ManagementAndGeneralAmt |
| Fundraising | $150,813 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,758,281 | TotalAmt |
| Program Services | $1,644,181 | ProgramServicesAmt |
| Management And General | $84,078 | ManagementAndGeneralAmt |
| Fundraising | $30,022 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Equipment and Vehicles | $5,192,636 | $4,156,250 | $685,627 | $350,759 |
| Food | $4,500,142 | $4,499,493 | $601 | $48 |
| Library Books | $2,904,519 | $2,904,172 | $265 | $82 |
| Sponsored Research | $4,229,424 | $4,229,424 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,573,647 | TotalAmt |
| Program Services | $5,378,174 | ProgramServicesAmt |
| Management And General | $1,904,851 | ManagementAndGeneralAmt |
| Fundraising | $290,622 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,600,721 | TotalAmt |
| Program Services | $236,004,047 | ProgramServicesAmt |
| Management And General | $66,842,150 | ManagementAndGeneralAmt |
| Fundraising | $9,754,524 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,855,547 | BOYAmt |
| EOY | $51,199,599 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,653,769 | BOYAmt |
| EOY | $203,934,115 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,733,843 | BOYAmt |
| EOY | $97,133,880 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,415,460 | BOYAmt |
| EOY | $8,300,102 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $970,357 | BOYAmt |
| EOY | $901,786 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,245,552 | BOYAmt |
| EOY | $8,056,428 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411,426 | BOYAmt |
| EOY | $362,018 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,560,947 | BOYAmt |
| EOY | $4,941,725 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $913,025,568 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $284,518,569 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $524,989,793 | BOYAmt |
| EOY | $628,506,999 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,494,650 | BOYAmt |
| EOY | $327,827,798 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,355,682,996 | BOYAmt |
| EOY | $2,586,688,643 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,688,752 | BOYAmt |
| EOY | $1,527,168 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,731,356 | BOYAmt |
| EOY | $44,241,410 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,714,434,448 | BOYAmt |
| EOY | $3,963,621,671 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,468,709 | BOYAmt |
| EOY | $39,631,928 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,899,800 | BOYAmt |
| EOY | $1,604,835 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,919,000 | BOYAmt |
| EOY | $146,145,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $822,291 | BOYAmt |
| EOY | $873,214 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,707,235 | BOYAmt |
| EOY | $332,501,320 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,363,979 | BOYAmt |
| EOY | $120,935,994 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $657,181,014 | BOYAmt |
| EOY | $641,692,291 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,063,694,637 | BOYAmt |
| EOY | $1,187,467,880 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,469,326,977 | BOYAmt |
| EOY | $1,593,514,782 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $524,231,820 | BOYAmt |
| EOY | $540,946,718 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,057,253,434 | BOYAmt |
| EOY | $3,321,929,380 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,714,434,448 | BOYAmt |
| EOY | $3,963,621,671 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $101,190,400 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $150,889,973 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,595,573 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,200,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,713,046 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,426,790 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,087,674 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $115,157,484 | CurrentTaxYearAmt |
| Total | $302,585,542 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,200,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,713,046 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,426,790 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,087,674 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $115,157,484 | CurrentTaxYearAmt |
| Total | $302,585,542 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $41,843,640 | SubstantialContributorsTotAmt |
| Public Support Total170 | $260,741,902 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,520,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,957,072 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,136,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,632,153 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,567,951 | CurrentTaxYearAmt |
| Total | $169,813,512 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,524,830 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,560,496 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,675,262 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,182,117 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,513,586 | CurrentTaxYearAmt |
| Total | $21,456,291 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $493,855,345 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $585,442,156 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.52797 | PublicSupportCY170Pct |
| Public Support PY170 | 0.46280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (true) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $6,667 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $0 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $6,667 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | The Trustees of Amherst College paid McDermott Will & Emery LLP $6,667 on behalf of the Folger Shakespeare Memorial Library for lobbying activities during its fiscal year ended June 30, 2018. In addition, Amherst College pays membership fees in various organizations that may perform a limited amount of lobbying activities such as NAICU-National Association of Independent Colleges and Universities, AICUM-Association of Independent Colleges and Universities in Massachusetts and COFHE-Consortium on Financing Higher Education. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Funds And Other Accounts Held | 1 | FundsAndOtherAccountsHeldCnt |
| Funds And Other Accounts Vl EOY | $165,426 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,582,167,326 | BeginningYearBalanceAmt |
| Contributions | $9,539,445 | ContributionsAmt |
| Investment Earnings Or Losses | $318,881,870 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,705,466 | GrantsOrScholarshipsAmt |
| Other Expenditures | $113,534,651 | OtherExpendituresAmt |
| Administrative Expenses | $40,890,814 | AdministrativeExpensesAmt |
| End Year Balance | $2,730,457,710 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,335,038,930 | BeginningYearBalanceAmt |
| Contributions | $6,721,042 | ContributionsAmt |
| Investment Earnings Or Losses | $419,631,696 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $24,367,889 | GrantsOrScholarshipsAmt |
| Other Expenditures | $116,430,860 | OtherExpendituresAmt |
| Administrative Expenses | $38,425,593 | AdministrativeExpensesAmt |
| End Year Balance | $2,582,167,326 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,522,356,738 | BeginningYearBalanceAmt |
| Contributions | $9,541,532 | ContributionsAmt |
| Investment Earnings Or Losses | -$47,269,906 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $24,194,082 | GrantsOrScholarshipsAmt |
| Other Expenditures | $88,159,138 | OtherExpendituresAmt |
| Administrative Expenses | $37,236,214 | AdministrativeExpensesAmt |
| End Year Balance | $2,335,038,930 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,472,706,177 | BeginningYearBalanceAmt |
| Contributions | $10,416,616 | ContributionsAmt |
| Investment Earnings Or Losses | $180,976,931 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $22,364,769 | GrantsOrScholarshipsAmt |
| Other Expenditures | $83,660,765 | OtherExpendituresAmt |
| Administrative Expenses | $35,717,452 | AdministrativeExpensesAmt |
| End Year Balance | $2,522,356,738 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,105,519,441 | BeginningYearBalanceAmt |
| Contributions | $34,254,078 | ContributionsAmt |
| Investment Earnings Or Losses | $468,227,787 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,877,097 | GrantsOrScholarshipsAmt |
| Other Expenditures | $70,301,497 | OtherExpendituresAmt |
| Administrative Expenses | $44,116,535 | AdministrativeExpensesAmt |
| End Year Balance | $2,472,706,177 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.26228 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.72626 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01146 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,432,348 | OtherCostOrOtherBasisAmt |
| Book Value | $8,432,348 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $770,621,468 | OtherCostOrOtherBasisAmt |
| Depreciation | $170,997,610 | DepreciationAmt |
| Book Value | $599,623,858 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $107,896,211 | OtherCostOrOtherBasisAmt |
| Depreciation | $96,459,906 | DepreciationAmt |
| Book Value | $11,436,305 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,075,541 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,061,053 | DepreciationAmt |
| Book Value | $9,014,488 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $628,506,999 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| GLOBAL EQUITIES | $308,854,736 | F |
| FIXED INCOME | $10,755,224 | F |
| FOREIGN EQUITIES | $404,264,445 | F |
| PRIVATE EQUITIES | $779,659,968 | F |
| ABSOLUTE RETURN | $812,362,834 | F |
| R. ESTATE & NATURAL RESOURCES | $255,130,293 | F |
| DOMESTIC EQUITIES | $3,794,664 | F |
| OTHER SECURITIES | $11,866,479 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,586,688,643 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| LIAB. FOR LIFE INCOME OBLIGATION | $36,753,135 |
| POST RET. BENEFIT OBLIGATION | $65,663,963 |
| INTEREST SWAP AGREEMENT | $9,875,892 |
| ASSET RETIREMENT OBLIGATIONS | $3,515,363 |
| OTHER LIABILITIES | $5,127,641 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $120,935,994 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Lines 1 & 4 | The Trustees of Amherst College does not capitalize gifts in kind of art, historical treasures or other similar assets held for public exhibition, etc. The Folger Shakespeare Memorial Library (The Library), does capitalize purchases to its collection which is recorded at cost. The Folger Shakespeare Memorial Library holds the largest and most complete collection of Shakespeareana in the world and the largest collection of English printed books from 1475 to 1640 outside of England, as well as extensive Continental Renaissance holdings. The collection includes books, manuscripts, documents, paintings, illustrations, tapestries, furnishings, musical instruments, scores, and curios from the Renaissance and theater history. The Emily Dickinson Museum consists of two historic houses and their contents, in the center of Amherst, Massachusetts, closely associated with the poet Emily Dickinson and members of her family during the ninteenth centuries. The Mead Art Museum creates innovative and rigorous exhibitions from its diverse collection of 19,500 works including American art, Russian modernist art, French art, British portraiture, African art, Japanese art, 19th and 20th century photography, and master and modern prints and drawings. Over 150 Amherst College classes visit the Mead's two study rooms annually to learn from original works of art. The Beneski Museum of Natural History houses research collections of vertebrate and invertebrate paleontology, minerals, anthropology and modern vertebrates, as well as numerous exhibits which illustrate the evolution and ecology of major groups of animals. The College and the Library maintain policies and procedures addressing the collections' upkeep as well as other aspects of their management, including accession and deaccession policies. |
| Schedule D, Part IV, Line 2b | The Trustees of Amherst College serves as the custodian of funds owned by certain student groups. |
| Schedule D, Part V, Line 4 | The mission of the Trustees of Amherst College's endowment is to provide financial support in order that the College may provide a quality education to all admitted students as articulated in the mission statement of Amherst College. The endowment is managed for the purpose of ensuring the current and future spending requirements are supported, while also preserving the endowment fund in perpetuity. The endowment funded a substantial portion of operating revenue in this tax year. The endowment distribution is used for such purposes as financial aid, named professorships, faculty and student research, academic support, scientific equipment, athletics, internships, and fellowships/prizes. |
| Schedule D, Part X, Line 2 | The Institution is generally exempt from federal and state income taxes. Management performs an annual review for uncertain tax positions along with any related interest and penalties. Management beleives that the Institution has no uncertain tax positions that would have a material adverse effect, individually or in the aggregate, upon the Institution's Balance Sheet or the related Statement of Activities or Cash Flows. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The following statement is in (1) the College's annual catalog, (2) admission application, (3) yearly admission report sent to all secondary schools and (4) the brochure "This is Amherst" describing the College to all interested parties: Amherst College does not discriminate in its admission or employment policies and practices on the basis of factors such as race, genetics, gender identity or gender expression, sex, sexual orientation, age, color, religion, national origin, disability, or veteran status. |
| Schedule E, Part I, Line 6a | The Trustees of Amherst College receives federal grants for research, etc. and is a pass through entity for certain federal and state financial aid. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (20 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| North America | Program Services | Travel & Related Exp. | $256,694 |
| Central America and the Caribbean | Program Services | Travel & Related Exp. | $36,117 |
| East Asia and the Pacific | Program Services | Travel & Related Exp. | $786,604 |
| Europe (Including Iceland and Greenland) | Program Services | Travel & Related Exp. | $556,045 |
| Middle East and North Africa | Program Services | Travel & Related Exp. | $27,299 |
| Russia and the Newly Independent States | Program Services | Travel & Related Exp. | $280 |
| Sub-Saharan Africa | Program Services | Travel & Related Exp. | $47,799 |
| South America | Program Services | Travel & Related Exp. | $17,044 |
| South Asia | Program Services | Travel & Related Exp. | $51,806 |
| Central America and the Caribbean | Investments | $1,105,621,972 | |
| Sub-Saharan Africa | Investments | $29,939,316 | |
| Europe (Including Iceland and Greenland) | Investments | $20,611,563 | |
| Central America and the Caribbean | Investments | Investment Mgmt. Fees | $15,005,483 |
| Sub-Saharan Africa | Investments | Investment Mgmt. Fees | $240,680 |
| Europe (Including Iceland and Greenland) | Investments | Investment Mgmt. Fees | $663,167 |
| North America | Grantmaking | EDUCATIONAL AWARDS | $46,465 |
| Central America and the Caribbean | Grantmaking | EDUCATIONAL AWARDS | $2,250 |
| East Asia and the Pacific | Grantmaking | EDUCATIONAL AWARDS | $26,114 |
| Europe (Including Iceland and Greenland) | Grantmaking | EDUCATIONAL AWARDS | $325,750 |
| Sub-Saharan Africa | Grantmaking | EDUCATIONAL AWARDS | $4,530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $1,173,910,584 | SubtotalSpentAmt |
| Continuation Spent | $356,394 | ContinuationSpentAmt |
| Total Spent | $1,174,266,978 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt |
|---|---|---|---|---|---|---|
| Educational Awards | North America | 7 | $46,465 | Wire | ||
| Educational Awards | Central America and the Caribbean | 1 | $2,250 | Wire | ||
| Educational Awards | East Asia and the Pacific | 5 | $16,557 | Wire | $9,557 | HOUSING |
| Educational Awards | Europe (Including Iceland and Greenland) | 30 | $325,750 | Wire | ||
| Educational Awards | Sub-Saharan Africa | 1 | $4,530 | Wire |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 | Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the institution's governing board designed to ensure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to ensure that they are qualifying recipients. Students receiving scholarships and fellowships are considered worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships). |
| Schedule F, Part I, Line 3, Column f & Part III | Expenses reported are derived from Amherst's books and records, which are maintained on an accrual basis. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REICHENBACK CONSULTING LLC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 TYLER ROAD | AddressLine1Txt |
| City | ITHACA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING ADVICE | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $180,345 | RetainedByContractorAmt |
| Net To Organization | $0 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $180,345 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $0 | TotalNetToOrganizationAmt |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Folger Gala | Event1Nm |
| Gross Receipts Event1 | $394,514 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $352,514 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $42,000 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $48,874 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $24,341 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $34,003 | OtherDirectExpensesEvent1Amt |
| Event2 | Folger Night | Event2Nm |
| Gross Receipts Event2 | $35,521 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $35,521 | CharitableContriEvent2Amt |
| Food And Beverage Event2 | $1,146 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $6,000 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $47,154 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $18,654 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $28,500 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $8,792 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $6,983 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $20,892 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $477,189 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $406,689 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $70,500 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $58,812 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $31,324 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $60,895 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $151,031 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$80,531 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| Amherst Business Improvement District | ||||||||||
| PO Box 339 | Amherst | MA | 01002 | 455423811 | 501(c)(6) | $20,000 | Support Operations | |||
| Town of Amherst | ||||||||||
| 4 Boltwood Avenue | Amherst | MA | 01002 | 046001068 | Gov. Entity | $80,000 | Support Town Budget | |||
| New England Public Radio | ||||||||||
| 131 Country Circle | Amherst | MA | 01002 | 046103523 | 501(c)(3) | $11,543 | Support of Public Radio | |||
| Woodside Children's Center | ||||||||||
| 156 Woodside Avenue | Amherst | MA | 01002 | 042888548 | 501(c)(3) | $68,543 | Support Organizations | $37,461 | FMV | Occupancy and Exp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (8 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Undergraduate Research and Internships | 380 | $1,479,154 | $160,782 | FMV | HOUSING |
| Undergraduate Awards and Prizes | 137 | $191,223 | |||
| Graduate Followships | 175 | $1,049,627 | |||
| Post Baccalaureate Fellowships | 4 | $10,801 | $44,170 | FMV | HOUSING |
| Grants Awarded to Highschool Teachers | 16 | $51,975 | |||
| Grant-In Aid | 94 | $822,433 | |||
| Undergraduate Amherst College Scholarships | 1088 | $53,834,463 | |||
| Folger Shakespeare Memorial Library Fellowship Awd | 238 | $782,434 | $78,838 | FMV | Housing |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the Institution's governing board designed to ensure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships). | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Payments For Use Of Residence | Yes (X) | PaymentsForUseOfResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| Carolyn Martin | |||||||
| President | $694,492 | $0 | $608,148 | $61,935 | $74,904 | $1,439,479 | $523,500 |
| Susan Pikor | |||||||
| Fmr Chief of Staff | $189,293 | $1,870 | $21,060 | $10,825 | $223,048 | ||
| Kevin Weinman | |||||||
| Chief Fin and Admin Officer | $342,768 | $1,678 | $35,085 | $26,785 | $406,316 | ||
| Michael Witmore | |||||||
| Folger Director | $402,469 | $1,499 | $35,695 | $6,473 | $446,136 | ||
| James Brassord | |||||||
| Chief of Campus Operations | $251,953 | $1,702 | $29,014 | $9,635 | $292,304 | ||
| Suzanne Coffey | |||||||
| Chief of Student Affairs | $305,168 | $12,573 | $31,611 | $23,886 | $373,238 | ||
| Catherine Epstein | |||||||
| Dean of Faculty | $275,419 | $2,064 | $31,475 | $36,135 | $345,093 | ||
| Katherine Fretwell | |||||||
| Dean of Admiss & Fin Aid | $203,464 | $1,336 | $23,460 | $11,001 | $239,261 | ||
| Mauricia Geissler | |||||||
| Chief Investment Officer | $432,096 | $2,838 | $36,086 | $24,040 | $495,060 | ||
| Lisa Rutherford | |||||||
| Chief Policy Off/Gen Counsel | $318,341 | $1,420 | $33,713 | $26,747 | $380,221 | ||
| Elizabeth Anema | |||||||
| FMR ED of Alum/Par Prog & Giv. | $335,682 | $0 | $0 | $335,682 | |||
| Gregory Call | |||||||
| Professor of Mathematics | $287,101 | $1,973 | $29,444 | $11,374 | $329,892 | ||
| John Cheney | |||||||
| A. Dean of Fac/Prof of Geology | $256,827 | $4,886 | $30,137 | $23,623 | $315,473 | ||
| Gretchen Dwyer | |||||||
| Exec Director of Development | $271,136 | $33,025 | $35,815 | $24,064 | $364,040 | ||
| Sandra Genelius | |||||||
| Chief COmmunications Officer | $254,979 | $0 | $1,584 | $0 | $23,050 | $279,613 | |
| Austin Sarat | |||||||
| A. Dean of Fac/Prof of Pol Sci | $359,243 | $9,045 | $33,107 | $39,731 | $441,126 | ||
| Charri Boykin-East | |||||||
| FMR Sr. A. Dean of Students | $147,736 | $7,333 | $17,034 | $38,301 | $210,404 | ||
| Allen Hart | |||||||
| FMR Dean of Students | $200,861 | $1,422 | $23,759 | $30,358 | $256,400 | ||
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | The President is required to maintain a personal residence on campus as a condition of employment for the convenience of the employer. Certain personal services are provided to maintain this residence. Occasional personal services provided to the President are considered personal expenses and added to the President's taxable compensation including the value of the related tax liability. In accordance with Amherst's Travel Policy, first class air travel is permitted for a bonafide business purposes for the President and staff. In addition, the President and other employees have travelled by charter service per the terms of a restricted gift that is specifically designed for certain travel locations that lack direct and frequent flights. These expenses are reviewed and monitored by personnel in the Chief Financial Officer's Office. |
| Schedule J, Part I, Line 4a | Elizabeth Anema received a $335,682 payment. |
| Schedule J, Part I, Line 7 | TO RECRUIT QUALIFIED TALENT, MANAGEMENT, FROM TIME TO TIME, MAY USE INCENTIVE COMPENSATION. |
| Schedule J, Part II | Included in Part II, Column B(iii) for Carolyn Martin is deferred compensation paid during the calendar year and earned over a five year vesting period. The portion recorded in Column F represents the contributions made and reported in prior years that is included in the Column B reported amount. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHEFA Series H | ||||||||
| A | 042456011 | 57585K4R6 | 2003-06-26 | $50,000,000 | Construction | false | false | false |
| MHEFA Series J | ||||||||
| B | 042456011 | 57586CHB4 | 2005-06-30 | $50,000,000 | Construction | false | false | false |
| MHEFA Series K-2 | ||||||||
| C | 042456011 | 57586EDKA | 2009-01-15 | $50,520,000 | Construction | false | false | false |
| MHEFA Series I | ||||||||
| D | 042456011 | 57586CHB4 | 2005-06-30 | $29,700,000 | Advanced Refunding of Series G | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $25,575,000 | $0 | $50,749,858 | $0 | $0 | $0 | $400,000 | $0 | $0 | $50,349,858 | $0 | $0 | 2005 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $50,442,362 | $0 | $0 | $0 | $609,605 | $0 | $0 | $49,832,757 | $0 | $0 | 2007 | false | false | Yes (true) | Yes (true) |
| C | $4,850,000 | $0 | $50,646,531 | $0 | $0 | $0 | $518,773 | $0 | $0 | $50,127,758 | $0 | $0 | 2011 | false | false | Yes (true) | Yes (true) |
| D | $6,300,000 | $0 | $29,700,000 | $0 | $0 | $0 | $281,717 | $0 | $0 | $29,418,283 | $0 | $0 | 2005 | false | Yes (true) | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | 0.01700 | 0.01700 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | 0.01200 | 0.01200 | false | false | false | Yes (true) |
| C | false | false | false | false | 0 | 0.01300 | 0.01300 | false | false | false | Yes (true) | |
| D | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) | |||
| BofA Merrill Lynch | |||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | Yes (true) | false | 0 | false | Yes (true) | 18. | Yes (true) | false |
| 0 | |||||||||||||
| C | false | false | false | Yes (true) | Yes (true) | false | false | 0 | Yes (true) | Yes (true) | |||
| BofA Merril Lynch | |||||||||||||
| D | false | false | false | Yes (true) | Yes (true) | Yes (true) | false | 0 | false | Yes (true) | 12. | Yes (true) | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, Line 3 | The difference between total proceeds reported on Part II, Line 3 and the issue price reported on Forms 8038 is due to investment earnings on the bonds. |
| Schedule K, Part IV, Line 2C | 06/26/2003 50,000,000 MHEFA SERIES H - SERIES H MOST RECENT REQUIRED REBATE COMPUTATION PERFORMED 6/30/2017. 06/30/2005 50,000,000 MHEFA SERIES J - SERIES J MOST RECENT REQUIRED REBATE COMPUTATION PERFORMED 6/30/2014. 01/15/2009 50,520,000 MHEFA SERIES K-2 - SERIES K-2 MOST RECENT REQUIRED REBATE COMPUTATION PERFORMED 10/31/2016, FOR REISSUANCE IN BANK PURCHASE MODE. 06/30/2005 29,700,000 MHEFA SERIES I - SERIES I MOST RECENT REQUIRED REBATE COMPUTATION PERFORMED 6/30/2014. 01/15/2009 7,580,224 MHEFA SERIES K-1 - SERIES K-1 MOST RECENT REQUIRED REBATE COMPUTATION PERFORMED 1/15/2014. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MHEFA Series K-1 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 042456011 | BondIssuerEIN |
| CUSIP | 57586EDK4 | CUSIPNum |
| Bond Issued | 2009-01-15 | BondIssuedDt |
| Issue Price | $7,580,224 | IssuePriceAmt |
| Purpose | Refunding Series G | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $4,520,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $7,580,224 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $7,580,224 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2004 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Lisa Rutherford | |||||||
| Key Employee | Mortgage | Yes (X) | $30,000 | $8,572 | false | Yes (true) | Yes (true) |
| Kevin Weinman | |||||||
| Officer | Mortgage | Yes (X) | $30,000 | $13,214 | false | Yes (true) | Yes (true) |
| Michael Witmore | |||||||
| Officer | Mortgage | Yes (X) | $1,240,000 | $880,000 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $901,786 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 15 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 217 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,187,295 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Academic License | 1 | $0 | 0 |
| Yes (X) | Wine Collection | 1 | $0 | 0 |
| Yes (X) | Private Home Reception | 1 | $0 | 0 |
| Yes (X) | Clothing | 1 | $0 | 0 |
| Yes (X) | Web Domain Name | 1 | $0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Column b | FormAndLineReferenceDesc |
| Explanation | The Trustees of Amherst College reports the number of contributions in Part I, Column b. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Mission Statement | Form 990, Part I, Line 1 & Part III, Line 1 engage the world around them, and lead principled lives of consequence. Amherst brings together the most promising students, whatever their financial need, in order to promote diversity of experience and ideas within a purposefully small residential community. Working closely with faculty, staff and administrators dedicated to intellectual freedom and the highest standards of instruction in the liberal arts, Amherst undergraduates assume substantial responsibility for undertaking inquiry and for shaping their education within and beyond the curriculum. Amherst College is committed to learning through close colloquy and to expanding the realm of knowledge through scholarly research and artistic creation at the highest level. Its graduates link learning with leadership - in service to the College, to their communities, and to the world beyond. Form 990, Part I, Line 7B Unrelated Business Taxable Income From Form 990-T The amount reported on Part I, Line 7b includes certain fringe benefit expenses considered unrelated business taxable income under IRC Section 512(A)(7). These amounts are not revenue and, therefore, not reported as such on Form 990, Part VIII. |
| Form 990, Part VI, Line 2 | John Middleton and Susan Pikor are Board Members and Stephen Nigro, Kevin Weinman, James Brassord and Lisa Rutherford are officers of Amherst Inn Company. |
| Form 990, Part VI, Line 11b | The Trustees of Amherst College members of the Board of Trustees were provided a full copy of Form 990 prior to filing, with the exception of Schedule B in order to respect the wishes of the donors that gave gifts with the assumption of remaining anonymous. The review of Schedule B was conducted by the Audit Committee, Chairman of the Board of Trustees and the President of the College. |
| Form 990, Part VI, Line 12c | All individuals covered by the policy complete a Conflict of Interest Disclosure Statement with the Secretary of the Board of Trustees (the "Secretary") annually. The Secretary accumulates all disclosure statements and furnishes a summary to the Conflict of Interest Review Committee. In all instances where the Conflict of Interest Review Committee determines that a conflict of interest does exist, such conflicts, and their remedy, are disclosed to the Board of Trustees at the next meeting. The Conflict of Interest Committee reports to the Board at least annually. |
| Form 990, Part VI, Line 14 | The College has a written document retention and destruction policy that was approved by the College's senior management. Approval of this policy is not required at the full Board of Trustees level. |
| Form 990, Part VI, Line 15 | The College participated in an annual survey of comparable institutions which compared historic salaries and designated benefits for the chief executive officer and senior administrative staff. The College's President reviewed with the Board of Trustees the relevant survey information as well as senior staff performance evaluations and discussed annual salary adjustments. The Board of Trustees delegated to an ad hoc Committee on Compensation, consisting of independent trustees, authority to determine the compensation of the President. As provided in the Compensation Policy for Designated Individuals approved by the Board in May 2012, the Committee on Compensation reviewed the relevant survey information, conducted an annual evaluation of the President, determined the President's compensation and contemporaneously documented its decision. The Committee on Compensation shared its findings and compensation decision with the Board of Trustees. |
| Form 990, Part VI, Line 19 | The Trustees of Amherst College makes its annual financial statements available on its website and mails it to certain interested third parties. The conflict of interest policy is also available on the website. |
| Form 990, Part XI, Line 9 | Change in Net Value of Life Income Funds $ 3,568,907 Change in Post Retirement Benefit Obligation $ 6,610,359 Unrealized Swap Gain $ 2,416,307 Total $ 12,595,573 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Amherst College Foundation Trust | ||||||||||
| JPM Svcs Inc PO Box 6089 | Newark | DE | 197146089 | 516522862 | Support | NY | 501(C)(3) | PF | Amherst | Yes (true) |
| AC Harry Elwin Harkness Class of 1898 | ||||||||||
| PNC Bank NA 620 Liberty Ave | Pittsburgh | PA | 152222705 | 222891327 | Support | PA | 501(C)(3) | 12 III-FI | Amherst | Yes (true) |
| Associated Kyoto Program Inc | ||||||||||
| Controllers Office Smith College | Northampton | MA | 01063 | 042996114 | Support | MA | 501(C)(3) | 12 III | NA | false |
| Woodside Children's Center | ||||||||||
| 155 Woodside Avenue | Amherst | MA | 01002 | 042888548 | Child Care | MA | 501(C)(3) | 12 III-O | Amherst | Yes (true) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|
| Amherst Inn Owner LLC | ||||||
| 155 South Plesant Street | Amherst | MA | 01002 | Real Estate | MA | NA |
| Amherst Inn Tenant LLC | ||||||
| 156 South Plesant Street | Amherst | MA | 01003 | Nonres. Rental | MA | NA |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amherst Inn Company-DE | |||||||||||||
| Amherst College 155 Pleasant Stree | Amherst | MA | 01002 | 272334296 | Real Estate | DE | Trustees of AC | C Corp | $5,391,974 | $16,967,362 | 1.00000 | Yes (true) | |
| Charitable Unitrusts - WA (1) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | WA | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - PA (2) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | PA | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - MA (3) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | MA | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - CA (4) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | CA | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - CT (5) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | CT | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - FL (5) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | FL | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - MI (1) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | MI | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - GA (1) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | GA | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - NY (3) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | NY | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - NC (1) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | NC | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - TX (1) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | TX | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - NJ (2) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | NJ | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - OH (3) | |||||||||||||
| PO BOX 5000 | AMHERST | MA | 01002 | Charitable Trust | OH | NA | Trust | Yes (true) | |||||
| Charitable Unitrusts - MA (119) | |||||||||||||
| PO Box 5000 | Amherst | MA | 01002 | Charitable Trust | MA | NA | Trust | Yes (true) | |||||
| Semper Vic Partners Offshore LTD | |||||||||||||
| 223 East Chestnut Street | Lancaster | PA | 17602 | Investments | NA | C Corp | $1,588,697 | $83,922,284 | 0.50000 | Yes (true) | CJ | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Amherst College Foundation Trust | ||
| a | $750,000 | Cash |
| AC Harry Elwin Harkness Class of 1898 | ||
| a | $65,720 | Cash |
| Woodside Children's Center | ||
| b | $68,543 | Cash |
| Amherst Inn Owner | ||
| c | $93,252 | Cash |
| Amherst Inn Company-DE | ||
| c | $60,000 | Cash |
| Amherst Inn Company-DE | ||
| d | $2,958,214 | Cash |
| Amherst Inn Owner | ||
| d | $6,000,000 | Cash |
Comments