2018-05-02T15:09:48-07:00 2017-06-30 990 2016-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 Academy St Kalamazoo MI 49006 James E Prince Vice President 2693377225 2018-05-02 146.113.26.121 2016 2021-01-29 14:40:06Z Jorge G Gonzalez 1200 Academy St Kalamazoo MI 49006 107473720 0 X www.kzoo.edu X 1833 MI The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. 33 32 1607 1200 107210 32020 9102959 8888843 69725912 71579005 6416085 5784077 505255 328803 85750211 86580728 35172084 36793670 0 0 36551327 36345493 68970 68662 3361695 21249515 21211303 93041896 94419128 -7291685 -7838400 331497887 346175670 71501528 60857247 259996359 285318423 The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 0 0 84797270 36793670 71579005 Higher Education: The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned. and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. College enrollment for the fall quarter of 2016 was 1,443 students. 0 0 0 84797270 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 1 294 0 1 1607 1 1 1 1 FR GM KE SP 0 0 0 1 1 0 0 0 0 X 33 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO KY MA MD MI NH NY OH OK OR SC WA X Catherine Bonnes 2693377228 1200 Academy Street Kalamazoo MI 49006 Charlotte H Hall Chair 2 0 X 0 0 0 James A Clayton Vice Chair 2 0 X 0 0 0 S Si Johnson Vice Chair 2 0 X 0 0 0 Eugene V N Bissell Treasurer 2 0 X 0 0 0 Amy S Courter Secretary 2 0 X 0 0 0 Hashem Akhavan-Tafti Trustee 2 0 X 0 0 0 Jevon A Caldwell-Gross Trustee 2 0 X 0 0 0 Martha Campbell Trustee 2 0 X 0 0 0 Jody L Clark Trustee 2 0 X 0 0 0 Harold J Decker Trustee 2 0 X 0 0 0 Helen B Etkin Trustee 2 0 X 0 0 0 Gwen A Fountain Trustee 2 0 X 0 0 0 Donald L Hafner Trustee 2 0 X 0 0 0 James N Heath Trustee 2 0 X 0 0 0 Jerrod A Howlett Trustee 2 0 X 0 0 0 Alexander C Lipsey Trustee 2 0 X 0 0 0 Erin M Mazzoni Trustee 2 0 X 0 0 0 Hans P Morefield Trustee 2 X 0 0 0 Jody K Olsen Trustee 2 0 X 0 0 0 Brad O'Neill Trustee 2 0 X 0 0 0 Donald R Parfet Trustee 2 0 X 0 0 0 Gail A Raiman Trustee 2 0 X 0 0 0 Christopher P Reynolds Trustee 2 0 X 0 0 0 James A Robideau Trustee 2 0 X 0 0 0 Mary Beth Sarhatt Trustee 2 0 X 0 0 0 William R Stoeri Trustee 2 0 X 0 0 0 Jon L Stryker Trustee 2 0 X 0 0 0 Ronda E Stryker Trustee 2 0 X 0 0 0 Bonnie Wachter Swenby Trustee 2 0 X 0 0 0 Amy E Upjohn Trustee 2 0 X 0 0 0 Richard E Yehle Trustee 2 0 X 0 0 0 Debra L Yourick Trustee 2 0 X 0 0 0 Jorge G Gonzalez President 40 0 X X 227734 0 33617 Albert DeSimone VP College Advancement 40 0 X 207571 0 42296 Michael A McDonald Provost 40 0 X 194290 0 19811 James E Prince VP Business and Finance 40 0 X 190430 0 35294 Sarah Westfall VP Student Dev/Dean of Students 40 0 X 150078 0 23472 Lisa Brock Academic Director, Arcus Center for Social Justice Leadership 40 0 X 153362 0 17512 David Barclay Professor of History 40 0 X 145650 0 36017 Gregory Diment Associate Provost IS 40 0 X 129901 0 44270 Paul Manstrom Associate VP Facilities Management 40 0 X 126233 0 30025 Eileen B Wilson-Oyelaran President Emerita 2 0 X 494015 0 35042 2019264 0 317356 24 0 1 0 Creative Dining Services One Royal Park Dr Ste 3 Zeeland MI 49464 Campus Food Services 3192745 Owen-Ames-Kimball Co 300 Ionia Ave NW Grand Rapids MI 49503 Construction Contractor 3048632 Andy J Eagan Company 2001 Waldorf St NW Ste 200 Grand Rapids MI 49544 Construction Contractor 508483 Royall & Company 1920 E Parham Rd Richmond VA 23228 Student Marketing Program 382958 Musco Corporation 100 1st Ave West Oskaloosa IA 52577 Construction Contractor 323000 9 0 0 16111 0 241899 8630833 203385 8888843 Tuition and fees 611310 63635862 63635862 0 0 Room and board 611310 6622607 6622607 0 0 Other revenue 611310 1320536 1241131 79405 0 0 0 0 0 71579005 2327392 0 16906 2310486 0 0 0 0 0 0 0 0 109334 0 71140 0 38194 0 38194 0 0 38194 23802754 8500 20337405 17164 3465349 -8664 3456685 0 0 3456685 18330 16111 19897 -1567 0 -1567 0 0 0 0 0 0 739562 447386 292176 0 10899 281277 0 86580728 71499600 107210 6085075 0 0 36793670 36793670 0 0 0 0 1421243 412658 746733 261852 0 0 0 0 23926355 19294070 2677116 1955169 1816376 1478786 191911 145679 7523428 5794467 1379420 349541 1658091 1325310 194626 138155 0 0 0 0 244000 0 244000 0 90880 0 90880 0 0 0 0 0 68662 68662 482339 0 482339 0 975808 826403 101049 48356 156459 101479 47076 7904 2810060 2006178 644897 158985 530546 148059 382487 0 0 0 0 0 2376037 2238165 94860 43012 1299009 1090801 112764 95444 0 0 0 0 1013815 824449 150632 38734 1239555 1014957 224598 0 0 0 0 0 3219842 3121921 48960 48961 230056 222357 3850 3849 Study Abroad 2753009 2753009 0 0 Food Services 2934754 2934754 0 0 Indirect Cost Allocation 0 2177580 -2128693 -48887 Perkins 493386 0 493386 0 361748 238197 77272 46279 94419128 84797270 6260163 3361695 12166065 6495353 9802005 3002827 656408 585152 0 0 0 0 7337385 6876472 636229 549866 1000931 760941 146215107 64603346 79850348 81611761 152247516 177772392 67801000 68520906 331497887 346175670 5071638 5687491 0 0 455812 389709 31265000 29990040 0 0 0 0 0 0 1000000 1000000 33709078 23790007 71501528 60857247 X 89763097 98414771 48315892 61887501 121917370 125016151 259996359 285318423 331497887 346175670 X -7838400 23455836 0 0 0 9704628 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 206774239 2807696 28433040 2242656 8316410 482339 226973570 219847239 3209502 -5673733 2181749 8074541 352479 206774239 222047672 4981772 2319621 1997614 7137135 367077 219847239 192294969 6669948 31728379 1849014 6433477 363133 222047672 169495896 10482875 20286899 1507335 6055497 407869 192294969 0.22 0.54 0.24 0 1 1 0 2543700 2543700 0 105516559 42414495 63102064 0 0 0 0 0 26767583 20347274 6420309 0 11387265 1841577 9545688 81611761 Hedge Funds 49269492 F Private Equity Funds 7621649 F Charitable Remainder Trusts & Gift Annuities 11629765 F 68520906 0 Postretirement Benefit 15839921 Federal Perkins Loans 6485125 Annuities Payable 1464961 23790007 109962865 23455836 0 0 -138447 23317389 86645476 482339 -547087 -64748 86580728 84640801 0 0 0 -9157541 -9157541 93798342 482339 138447 620786 94419128 Schedule D, Part III, Line 1 The College maintains a substantial collection of artwork and rare books for educational purposes and public exhibition. Schedule D, Part III is not completed because the collection is not capitalized and does not meet the definition under SFAS 116. Schedule D, Part III, Line 4 The College maintains a substantial collection of artwork and rare books for educational purposes and public exhibition. Schedule D, Part III is not completed because the collection is not capitalized and does not meet the definition under SFAS 116. Schedule D, Part V, Line 4 The College's endowment consists of approximately 500 individual funds established for a variety of purposes. These funds provide support for instruction, academic support departments, student services, institutional support departments, physical plant maintenance and improvements, public service programs, and scholarships, as well as, general operating support. Schedule D, Part XI, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds. Schedule D, Part XI, Line 4b Expenses from fundraising events, cost of sales of inventory, and rental expenses. Schedule D, Part XII, Line 2d Expenses from fundraising events, cost of sales of inventory, and rental expenses. Reduction in post retirement health benefits. Schedule D, Part XII, Line 4b Uncollectible pledge expense and payments to beneficiaries of reserved income funds. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The following statement appears in the College catalogue: "Kalamazoo College is committed to equal rights, equal opportunities, and equal protection under the law. The College administers its programs without regard to race, color, religion, age, sex, national origin, height, weight, marital status, familial status, physical disability as protected by law, or sexual orientation. The College's definition of sexual orientation proscribes discrimination based on a person's heterosexuality, homosexuality, bisexuality, or gender identity, actual or presumed." Kalamazoo College draws a substantial percentage of its students from outside the Kalamazoo community including other areas of Michigan, the United States, and foreign countries and follows a racially nondiscriminatory policy as to students. Publication is not required under Rev Proc 75-50, Section 4.03-2(b). Schedule E, Part I, Line 6 Kalamazoo College participates in the following campus-based financial aid programs: SEOG, FWSP, Perkins (NDSL). In addition, students from the College are recipients of Pell grants, Guaranteed Student Loans, and Parent Loans. Central America and the Caribbean 0 0 Program Services Higher Education 135731 East Asia and the Pacific 0 1 Program Services Higher Education 819908 Europe (including Iceland and Greenland) 0 8 Program Services Higher Education 1498246 Middle East and North Africa 0 0 Program Services Higher Education 23344 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Higher Education 28258 South America 0 2 Program Services Higher Education 222877 South Asia 0 0 Program Services Higher Education 17450 Sub-Saharan Africa 0 1 Program Services Higher Education 7195 Central America and the Caribbean Investments 27452321 North America (including Canada and Mexico, but not the United States) Investments 11735895 0 12 41941225 1 0 1 1 1 0 Schedule F, Part IV The College invests in various foreign corporations and partnerships, both directly and through U.S. partnerships. However, the College's share of foreign corporation and partnership investments does not exceed 10% and thus Form 5471 or Form 8865 is not required. While these investments may be considered Passive Foreign Investment Companies, the College is not required to file Form 8621 as the investment income is not debt-financed unrelated business income. The College files Form 926 for transfers to foreign corporations during the year, both directly and through U.S. partnerships, when those transfers exceed $100,000 or when its share exceeds $100,000. X X X X X X X 1 Wilson-Bennett Technology Inc 140 Professional Dr Ste 2 Cabot AR 72023 Phonathon 0 262742 68662 194080 262742 68662 194080 AK AL AR CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV Golf Jamboree 25490 12000 13490 500 0 0 5891 0 10022 Golf for Football 8951 4111 4840 0 0 0 808 0 2676 0 34441 16111 18330 500 0 0 6699 0 12698 19897 -1567 1 See Schedule I, Part IV for Part I Line 2 1403 36793670 0 Schedule I, Part I, Line 2 Scholarships are awarded based on established criteria, including donor restrictions. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Jorge G Gonzalez President 204786 0 0 0 22948 0 22116 0 20729 0 270579 0 0 0 Albert DeSimone VP College Advancement 207175 0 0 0 396 0 21935 0 20869 0 250375 0 0 0 Michael A McDonald Provost 194152 0 0 0 138 0 19811 0 508 0 214609 0 0 0 James E Prince VP Business and Finance 190034 0 0 0 396 0 20021 0 15781 0 226232 0 0 0 Sarah Westfall VP Student Dev/Dean of Students 149940 0 0 0 138 0 15711 0 8254 0 174043 0 0 0 Eileen B Wilson-Oyelaran President Emerita 309505 0 9971 0 99511 0 101924 0 17404 0 538315 0 0 0 David Barclay Professor of History 144951 0 0 0 699 0 15948 0 20498 0 182096 0 0 0 Gregory Diment Associate Provost IS 129763 0 0 0 138 0 14012 0 30714 0 174627 0 0 0 Lisa Brock Academic Director, Arcus Center for Social Justice Leadership 152966 0 0 0 396 0 8281 0 9734 0 171377 0 0 0 Paul Manstrom Associate VP Facilities Management 125471 0 0 0 762 0 13673 0 16801 0 156707 0 0 0 Schedule J, Part I, Line 1a The President is required to live in housing provided on campus. The value of this housing is excluded from taxable income. President Emerita Wilson Oyelaran received a supplemental payment with a tax gross up, which were reported in taxable income. Schedule J, Part I, Line 3 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Director of Human Resources. Schedule J, Part I, Line 4 President Emerita Wilson-Oyelaran and President Jorge Gonzalez both participated in a section 457(b) plan and each contributed $18,000 during calendar year 2016. A Michigan Finance Authority 800596186 2011-06-09 34250000 Refunding 2000,2003,2007 & construct & equip athletics facilities & fields 0 0 0 A 4125000 0 34281725 0 0 21979763 285774 0 0 12016188 0 0 2013 1 1 1 1 A 0 0 1 1 0 0.0 0.009 0.009 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Schedule K, Part IV, Line 2c-06/09/2011 34,250,000 Michigan Finance Authority Arbitrage calculation was performed in June 2016. No rebate was due. Ronda Stryker Spouse Owns Greenleaf Hospitality 36220 Event Services & Accomodations 0 Suzanne Gonzalez Spouse of President 40000 Honorarium 0 X 0 Value not recorded X 31 203385 Avg daily stock price X Event Expenses 2 0 Value not recorded X Equipment 1 0 Value not recorded 0 0 1 0 Schedule M, Part I, Line 33 Noncash contributions of personal property valued at $5,000 or less are not entered or capitalized. Form 990, Part VI, Section A, Line 2 Jon L. Stryker and Ronda E. Stryker are siblings. Form 990, Part VI, Section B, Line 11b The Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees for review. A meeting is convened with the Audit Committee and the Vice President for Business and Finance to review and discuss the Forms 990 and 990T. After receiving the Audit Committee's approval, the Forms 990 and 990T are provided to the full Board of Trustees for review and approval. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is provided to every Trustee and Officer in October. Every recipient is asked to return a disclosure form that discloses any potential relationships that may represent a conflict of interest and discloses any gifts or loans from entities with which the College has significant business dealings. The form also asks Trustees to acknowledge that they have read the conflict of interest policy and confirm that they have no knowledge of any real or potential violation of the policy and that they will refrain from taking any unfair advantage of any information obtained in their role as Trustee or Officer. Form 990, Part VI, Section B, Line 15 The compensation of the President is reviewed annually by the Executive Committee of the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in the minutes of the Executive Committee meeting and a statement of salary letter sent to the President and the Director of Human Resources. The compensation of the College officers is determined annually by the President and compared with compensation of similarly placed officers of Great Lakes College Association institutions. The officer compensation is submitted to the Executive Committee of the Board of Trustees for review and approval. Form 990, Part VI, Section C, Line 19 Kalamazoo College is organized under Michigan statute MCL Section 390.751 through 390.761. The bylaws and conflict of interest policy are available by request. The financial statements are also available by request, posted on the College's website, and made available in the College library. Form 990, Part XI, Line 9 Post retirement health benefits change Genevieve U Gilmore Endowment For The Arts PNC Bank 113 E Michigan Kalamazoo MI 49007 386470228 Trust FBO Kalamazoo College MI 501(c)(3) Line 12 c Kalamazoo College 1 Dorothy Hinkley Heyl Irrev Charitable Trust PNC Bank 113 E Michigan Kalamazoo MI 49007 386572671 Trust FBO Kalamazoo College MI 501(c)(3) Line 12d Kalamazoo College 1 L Lee Stryker Memorial Trust PNC Bank 113 E Michigan Kalamazoo MI 49007 386385367 Trust FBO Kalamazoo College MI 501(c)(3) Line 12d Kalamazoo College 1 FW & Elsie Heyl Science Scholarship Fund PNC Bank PO Box 94651 Cleveland OH 44101 386194019 Science Grants MI 501(c)(3) Line 12d N/A 0 Great Lakes College Association Inc 535 W William No 301 Ann Arbor MI 48103 381678376 Promote advancement in higher education MI 501(c)(3) 12a N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 Genevieve U Gilmore Endowment For The Arts PNC Bank c 97885 Cash Grant Dorothy Hinkley Heyl Irrev Charitable Trust PNC Bank c 159425 Cash Grant L Lee Stryker Memorial Trust PNC Bank c 103592 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank c 1976391 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank q 40000 Cash Payment