2017-11-13T08:53:18-05:00 2017-06-30 561391615 CRAWLEY LEE & COMPANY PA PO BOX 5595 ASHEVILLE NC 288135595 990 2016-07-01 560767736 WARREN WILSON COLLEGE WARR 8282983325 PO BOX 9000 ASHEVILLE NC 288159000 MCKINNEY SCOTT N VP ADMIN & FINANCE 8282983325 2017-10-24 true JENNIFER R STATON CPA P00548242 8282745524 2017-10-24 68F399642DF4098EABD9FE66414D8B80F64775DE 02E8C0BD08FD009FE9E87756E1BCE0F9FA7E6AF7 2016 2017-02-10 21:41:12Z MCKINNEY SCOTT N PO BOX 9000 ASHEVILLE NC 28815 75473258 false X WWW.WARREN-WILSON.EDU X 1962 NC THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. OUR UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. 30 27 1251 20 -44817 -44817 6010113 6503832 31243942 29165229 630140 1531802 538196 1127552 38422391 38328415 12706429 11533148 0 18794539 17161636 0 802405 12514384 11540680 44015352 40235464 -5592961 -1907049 104213246 103272386 21769807 20376262 82443439 82896124 X THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. OUR UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. false false 33492467 11533148 28048218 MOST PROGRAMS RENDERED ARE RELATED TO PROVIDING STUDENTS, ON A NON- DISCRIMINATORY BASIS, FOUR-YEAR LIBERAL ARTS DEGREES THROUGH AN INTEGRATED TRIAD OF ACADEMIC STUDY, USEFUL AND PRODUCTIVE WORK, AND SERVICE TO OTHERS BEYOND THE CAMPUS COMMUNITY. THE FULL-TIME EQUIVALENT ENROLLEMNT AT THE COLLEGE DURING THE 2016-2017 ACADEMIC YEAR WAS APPROXIMATELY 736 UNDERGRADUATE STUDENTS, AND A TOTAL OF 164 STUDENTS (BOTH GRADUATE AND UNDERGRADUATE) STUDENTS GRADUATED FROM THE COLLEGE DURING THE YEAR. A LOW-RESIDENCY GRADUATE PROGRAM IN CREATIVE WRITING LEADING TO A MASTER OF FINE ARTS DEGREE IS ALSO OFFERED, AND AVERAGES AROUND 86 ENROLLEES. THE COLLEGE PREPARED STUDENTS REPRESENTING A BROADLY DIVERSE WORLD FOR SERVICE, LEADERSHIP, AND MEANINGFUL LIFELONG WORK AND STUDY BY OFFERING AN EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY AWAY DESTINATIONS IN CHINA, ARMENIA, CUBA, MEXICO AND THE BAHAMAS TO WHICH 48 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 18 STUDENTS STUDIED AWAY INDEPENDENTLY FOR THE SUMMER,SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN FOUR LATIN AMERICAN, THREE EUROPEAN, TWO MULTICONTINENTAL, TWO IN OCEANA AND FIVE IN A DOMESTIC U.S. PROGRAM. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 85 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 625 STUDENTS PARTICIPATING IN THE FALL OF 2016 AND 580 STUDENTS PARTICIPATING IN THE SPRING OF 2017. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 242 STUDENT PARTICIPANTS AND ABOUT 40 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, 600 STUDENTS COMPLETED 50,960 VOLUNTEER HOURS AT 200 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 250 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 15 SITES. 639387 1117011 THE SWANNANOA GATHERING IS A SERIES OF WEEKLY EDUCATION SUMMER MUSIC WORKSHOPS HELD ON THE WARREN WILSON COLLEGE CAMPUS EACH JULY AND AUGUST. THE ENROLLMENT IS LIMITED, WITH AN OPEN FORMAT, WHICH ALLOWS EACH STUDENT TO SELECT THEIR OWN CURRICULUM FROM A VARIETY OF COURSES WITH DIFFERENT EXPERIENCE LEVELS AND ABILITIES. HOUSING AND MEALS FOR PARTICIPANTS IS AN OPTION. THE NORTH CAROLINA DEPARTMENT OF PUBLIC INSTRUCTION HAS ALLOWED 3 HOURS OF TEACHING CERTIFICATE RENEWAL CREDITS, WITH PRIOR APPROVAL, FOR EACH WEEK OF THE SERIES. TOTAL STUDENTS IN THE SUMMER OF 2017 WERE 1075, RANGING BETWEEN 120 AND 285 PARTICIPANTS FOR EACH OF THE FIVE WEEKS. 34131854 true true false false false false false false true true true true false true true true true false true false false false true false false false false false true true false false false false false false true false true false false false true false false false false true 289 0 1251 true true true false false false false false false false false false false false false false false X 30 27 false false true false false false false true true false false true true true true true false false false false X MARY DAVIS CONTROLLER 8282983325 701 WARREN WILSON ROAD SWANNANOA NC 28778 BOYD AMY E EX-OFFICIO FACULTY REP 40.00 X 67440 0 11316 SEGALL BK EX-OFFICIO STAFF REP 40.00 X 34229 0 9768 ARNOLD H ROSS III TRUSTEE 1.00 X 0 0 0 BELLAMY TERRY M TRUSTEE 1.00 X 0 0 0 BUHL ALICE C TRUSTEE 1.00 X 0 0 0 CHOU DR CHIUNG-SALLY TRUSTEE 1.00 X 0 0 0 COOPER DONALD R TRUSTEE 1.00 X 0 0 0 CRUIKSHANK JOHN W III TRUSTEE 1.00 X 0 0 0 CULPEPPER JESSICA L TRUSTEE 1.00 X 0 0 0 HATCH GEORGE W TRUSTEE 1.00 X 0 0 0 JOHNSON THOMAS K TRUSTEE 1.00 X 0 0 0 KANE STEVEN M TRUSTEE 1.00 X 0 0 0 LARAMEE WILLIAM A TRUSTEE 1.00 X 0 0 0 MASSIMINO ELISA TRUSTEE 1.00 X 0 0 0 PAULY SUSAN E TRUSTEE 1.00 X 0 0 0 RUST ANTHONY S TRUSTEE 1.00 X 0 0 0 SCOTT GEORGE ANDREW TRUSTEE 1.00 X 0 0 0 ZEMP F LACHICOTTE JR TRUSTEE 1.00 X 0 0 0 ADAMS JOEL B JR EX-OFFICIO FMR BOARD CH 1.00 X 0 0 0 BERARDI CASEY L EX-OFFICIO STUDENT REP 1.00 X 0 0 0 HUNT RONALD F EX-OFFICIO FMR BOARD CH 1.00 X 0 0 0 RAND AYLA CEX-OFFICIO STUDENT REP 1.00 X 0 0 0 THOMPSON DENNIS H EX-OFFICIO PRES. ALUMNI 1.00 X 0 0 0 VAWTER JAY EX-OFFICIO MEMBER INVES 1.00 X 0 0 0 FERGUSON HOWELL L FMR BOARD CH 1.00 X 0 0 0 CHRISTY WILLIAM H TRUSTEE/CHAI 1.50 X 0 0 0 CASTALDI CARMEN TRUSTEE/VICE 1.50 X 0 0 0 CONDREY R MICHAEL TRUSTEE/TREA 1.50 X 0 0 0 MASTERS ANNE GRAHAM TRUSTEE/SECR 1.50 X 0 0 0 SOLNICK STEVEN L PRESIDENT 40.00 X 305764 0 23403 GARRETT PAULA K VP ACADEMIC 40.00 X 131966 0 16103 HOLMBOE JANELLE L VP FOR ENROL 40.00 X 124665 0 17902 MCKINNEY SCOTT N VP ADMIN & F 40.00 X 103083 0 19093 KRAMER CATHERINE VP APPLIED L 40.00 X 89685 0 11349 PERRINE PAUL VP FOR STUDE 40.00 X 73372 0 15632 BOWLES K JOHNSON FORMER VP AD 40.00 X 67517 0 7195 OWENS STEPHANIE FORMER VP AD 40.00 X 50475 0 5556 GARLAND SUZANNE VP FOR ADVAN 40.00 X 43319 0 7729 GILDEA DEBRA DIR MFA PROG 40.00 X 103997 0 16913 1195512 161959 5 false true false SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30322 FOOD SVC CONTRA 1782552 JENZABAR 101 HUNTINGTON AVENUE SUITE 2220 BOSTON MA 02199 SOFTWARE 399813 LORD AECK & SARGENT INC 1175 PEACHTREE ST NE ATLANTA GA 30361 ARCHITECT 320836 CENTER FOR CRAFT CREATIVITY & DESIGN 67 BROADWAY ASHEVILLE NC 28801 DESIGN 235000 BROWN HENDRIX & ASSOCIATES 316 BAYVIEW DRIVE ARANSAS PASS TX 78336 BUS. CONSULTING 214075 5 2810479 3693353 168107 6503832 TUITION AND FEES 611710 22316290 22316290 AUXILIARY ENTERPRISES 611710 5731928 5731928 SWANNANOA GATHERING 611600 1117011 1117011 29165229 1048051 1048051 37346533 9028 36764128 107682 582405 -98654 483751 -98654 582405 228216 273033 -44817 -44817 OTHER INCOME 900099 859280 859280 CHANGE IN VALUE OF SPLIT INTE 900099 294571 294571 CHANGE IN INSURANCE VALUE 900099 13771 13771 4747 4747 1172369 38328415 29066575 -44817 2802825 11369648 11369648 163500 163500 1171080 333460 733661 103959 13162837 11430396 1300382 432059 64998 50464 11101 3433 1932451 1688880 210246 33325 830270 646998 149747 33525 556851 556851 1623128 1136553 486575 AUXILIARY ENTERPRISES-OTH 2077678 2077678 INSTITUTIONAL SUPPORT & F 2048746 1852642 196104 STUDENT SERVICES-OTHER 1730061 1730061 INSTRUCTION-OTHER 1402129 1402129 2102087 2102087 40235464 34131854 5301205 802405 850 850 7264318 4661026 558571 284036 655400 503574 169947 55664 14140 152228 193627 654893 713671 73634558 44551365 30031129 29083193 41227156 43984728 12111255 10395862 334214 325753 10997621 13111926 104213246 103272386 969052 1216099 1053918 1010504 16370000 16150989 3376837 1998670 21769807 20376262 X 26407009 27056760 24941176 24795485 31095254 31043879 82443439 82896124 104213246 103272386 -1907049 2359734 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 106682 155706 170493 91895 false 56191045 846289 3868997 1516055 1900811 57489465 59576473 603463 -214987 1780513 1993141 250 56191045 58421985 754106 4263919 1832796 2030241 500 59576473 65198540 764101 -3697211 1811204 2032241 58421985 61612768 1664432 4936937 1257768 1756779 1050 65198540 0.18130 0.54000 0.27870 true false 2964494 2964494 57347149 32794162 24552987 12746564 11264163 1482401 576351 493040 83311 29083193 LIMITED PARTNERSHIPS 7057743 F CASH EQUIVALENTS 3338119 F 10395862 BENEFICIAL INTEREST IN CHARITABLE RE 5630113 CASH/EQUIVALENTS RESTRICTED TO INVES 4581570 CONSTRUCTION IN PROGRESS 2571646 LAND HELD FOR RESALE 295514 OTHER ASSETS 33083 13111926 ADVANCE TUITION & ROOM DEPOSITS 842912 LINE OF CREDIT 669869 ANNUITY PAYABLE 397234 OBLIGATIONS UNDER CAPITAL LEASE 79449 OTHER 9206 1998670 X 29428034 2359734 -11533148 -9173414 38601448 -273033 -273033 38328415 28975349 28975349 11260115 11260115 40235464 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE COLLEGE HOLDS FUNDS FOR A VARIETY OF ACADEMIC, INSTITUTIONAL, AND STUDENT GROUPS AND ACCOUNTS FOR ADDITIONS TO AND DISTRIBUTIONS FROM THESE FUNDS SEPARATELY. SCHEDULE D, PAGE 2, PART V, LINE 4 THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF TRUSTEES, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE'S SPENDING AND INVESTMENT POLICIES WORK TOGETHER TO ACHIEVE THIS OBJECTIVE. THIS INVESTMENT POLICY ESTABLISHES AN ACHIEVABLE RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. THE CURRENT LONG-TERM OBJECTIVE IS TO PROTECT THE CORPUS OF ASSETS IN REAL TERMS AND TO ACHIEVE THE HIGHEST, PRUDENT REAL RETURN POSSIBLE. TO SATISFY ITS LONG- TERM RATE-OF-RETURN OBJECTIVES, THE COLLEGE RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD. IN 2017 THE SPENDING POLICY CALCULATES THE DISBURSEMENTS FROM THE ENDOWMENT FUNDS BASED ON 5% OF THE AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS PLUS AN ADDITIONAL 525,000 WAS DRAWN TO OFFSET EXPENDITURES AS APPROPRIATE WITHIN THE OPERATING BUDGET. THE SPENDING RATE FOR RESTRICTED FUNDS THAT DID NOT DISPLACE OTHER FUNDS WITHIN THE OPERATING BUDGET REMAINED AT 5%. SCHEDULE D, PAGE 3, PART X THE COLLEGE'S POLICY IS TO EVALUATE ALL TAX POSITIONS AND TO CONSULT WITH EXPERTS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS WILL BE ASSESSED AND MEASURED BY A REASONABLY POSSIBLE THRESHOLD TO DETERMINE IF THE BENEFIT OF AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGE IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON INCOME DERIVED FROM THE UNRELATED BUISNESS ACTIVITIES. THE COLLEGE'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2016, 2015, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE COLLEGE'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990T) FOR 2016, 2015, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -11,533,148 SCHEDULE D, PAGE 4, PART XI, LINE 4B UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -273,033 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 11,533,148 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -273,033 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINITORY POLICIES OF THE COLLEGE ARE MADE KNOWN TO ALL SCHOOLS AND AREAS VISITED BY THE ADMISSIONS PERSONNEL AS WELL AS IN ALL COLLEGE LITERATURE. SCHEDULE E, LINE 6 WARREN WILSON COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. OTHER SCHOLARSHIPS VARIOUS 15 163500 FMV false false false false false false true FEDERAL CAMPUS NEED-BASED 181 115577 FAFSA RESU NC STATE CAMPUS NEED-BASE 187 489191 FAFSA RESU OTHER NEED BASED/MERIT 652 10764880 FAFSA/ACAD SCHEDULE I, PAGE 1, PART I, LINE 2 THE OFFICE OF ADVANCEMENT WORKS WITH DONORS TO ESTABLISH GUIDELINES FOR THE USE AND DISBURSEMENT OF ANY DONATED FUNDS ACCORDING TO THE DONOR'S WISHES AND WITHIN PRACTICAL AND LEGAL PROCESSES. THE DONOR'S RESTRICTIONS ("WISHES") ARE PUT IN WRITING WITH COPIES MAINTAINED IN THE ADVANCEMENT OFFICE, THE CONTROLLER'S OFFICE, AND THE FINANCIAL AID OFFICE, IF APPLICABLE. IF THE DONATION IS FOR GRANTS OR SCHOLARSHIPS TO BE DISTRIBTED BY THE FINANCIAL AID OFFICE, THE FINANCIAL AID OFFICE MAINTAINS A SPREADSHEET OF GRANT TITLES AND RESTRICTIONS WHICH ARE UPDATED AS NEEDED AS WELL AS A PERMANENT ELECTRONIC FILE. THE GRANTS OR SCHOLARSHIPS ARE "MATCHED" WITH AN ELIGIBLE RECIPIENT BY THE FINANCIAL AID OFFICE. THE ADVANCEMENT OFFICE WILL RECEIVE A LIST OF THESE RECIPIENTS IN THE FALL AND AN UPDATED LIST IN THE EARLY SPRING. THE ADVANCEMENT OFFICE REVIEWS THE LIST AND PREPARES LUNCHEON INVITATIONS FOR MOST OF THE RECIPIENTS AND DONORS. THE FINAL STEP IN THE PROCESS IS A RANDOM AUDIT CONDUCTED ONCE A YEAR BY AN OUTSIDE AUDIT FIRM. SCHEDULE I, PAGE 4, PART IV NEED-BASED GRANTS WERE AWARDED TO WARREN WILSON COLLEGE STUDENTS BASED ON FAFSA (FREE APPLICATION FOR STUDENT AID) RESULTS. FAFSA RESULTS ARE NOT REQUIRED TO BE CONSIDERED FOR MERIT SCHOLARSHIPS, BUT MANY OF THESE DOLLARS WERE USED TO MEET THE FEDERAL DEFINITION OF 'NEED'. X true true X X X false false false false false false false false false SOLNICK STEVEN L PRESIDENT 305764 10331 13072 329167 MAEVE O'CONNOR PRESIDENT SPOUS 25000 SEE BELOW false DONNA READ SPOUSE OF VP AC 30744 SEE BELOW false SCHEDULE L, PART V O'CONNOR: WITH THE APPROVAL OF THE COLLEGE BOARD OF TRUSTEES, THE PRESIDENT'S WIFE RECEIVES 25,000 IN TAXABLE INCOME ANNUALLY FROM THE COLLEGE FOR THE PERFORMANCE OF CERTAIN OFFICIAL DUTIES AS THE SPOUSE OF THE PRESIDENT. READ: WITH COMPENSATION OF 30,744 SET BY THE PRESIDENT, MS. READ, THE SPOUSE OF THE VP OF ACADEMIC AFFAIRS AND DEAN OF THE COLLEGE, IS EMPLOYED AS THE PHYSICAL EDUCATION DEPARTMENT PROGRAM COORDINATOR. X 7 168107 false true false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. OUR UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. FORM 990, PAGE 2, PART III, LINE 4A EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY AWAY DESTINATIONS IN CHINA, ARMENIA, CUBA, MEXICO AND THE BAHAMAS TO WHICH 48 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 18 STUDENTS STUDIED AWAY INDEPENDENTLY FOR THE SUMMER,SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN FOUR LATIN AMERICAN, THREE EUROPEAN, TWO MULTICONTINENTAL, TWO IN OCEANA AND FIVE IN A DOMESTIC U.S. PROGRAM. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 85 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 625 STUDENTS PARTICIPATING IN THE FALL OF 2016 AND 580 STUDENTS PARTICIPATING IN THE SPRING OF 2017. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 242 STUDENT PARTICIPANTS AND ABOUT 40 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, 600 STUDENTS COMPLETED 50,960 VOLUNTEER HOURS AT 200 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 250 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 15 SITES. FORM 990, PAGE 6, PART VI, LINE 4 IN FEBRUARY 2017 THE BOARD ESTABLISHED THE POSITION OF VICE PRESIDENT FOR STUDENT LIFE AND ELIMINATED THE POSITION OF DEAN OF STUDENTS. IN APRIL 2017 THE BOARD INCREASED THE NUMBER OF CONSECUTIVE TERMS A TRUSTEE MAY SERVE FROM THREE TO FOUR AND CHANGED THE NAME OF THE TRUSTEESHIP COMMITTEE TO GOVERNANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 11B UPON RECEIVING THE DRAFT COPY OF FORM 990, CERTAIN QUESTIONS THAT ARISE ARE DISTRIBUTED TO THE APPROPRIATE STAFF. KEY PERSONNEL AND TRUSTEES REVIEW THE FORM 990 BEFORE IT IS SIGNED, INCLUDING THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE/CHIEF FINANCIAL OFFICER AND THE CONTROLLER, AND THE CHAIR OF THE STANDING AUDIT COMMITTEE AND THE CHAIR OF THE BOARD. THE FULL BOARD IS PROVIDED THE OPPORTUNITY TO REVIEW THE COPY OF THE RETURN WITHOUT SCHEDULE B ON ITS PASSWORD-PROTECTED WEBSITE, WITH A NOTICE THAT THE FULL SCHEDULE B IS AVAILABLE FOR REVIEW IN THE CONTROLLER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY, LAST AMENDED ON OCTOBER 2, 2007, WHICH SPECIFIES IN DETAIL THOSE CIRCUMSTANCES GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST ON THE PART OF THE COLLEGE TRUSTEES. PURSUANT TO THIS POLICY, TRUSTEES MUST FILE AN ANNUAL REPORT SPECIFYING ANY RELATIONSHIPS OR ACTIVITIES WHICH MIGHT POSSIBLY CONSTITUTE A CONFLICT. THESE REPORTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD AS WELL AS THE CHAIR OF THE BOARD OF TRUSTEES AND ANY ISSUES RAISED BY A SPECIFIC REPORT ARE RESOLVED ACCORDING TO THE PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY. A SIMILAR POLICY FOR EMPLOYEES OF THE COLLEGE WAS APPROVED AT A STAFF FORUM ON MARCH 23, 2011 AND DEFINES CONFLICT OF INTEREST AND RELATED TERMS AND OUTLINES A PROCEDURE FOR DISCLOSURE, REPORTING AND COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE'S CURRENT POLICY IS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC ON A CASE-BY-CASE, NEED-TO-KNOW BASIS, RESERVING THE RIGHT TO WITHHOLD THIS INFORMATION IN SITUATIONS DEEMED POTENTIALLY HARMFUL TO THE COLLEGE. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON VARIOUS WEBSITES, AND UPON REQUEST BY DONORS, FOUNDATIONS, AND AGENCIES. FORM 990, PART XI, LINE 9 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -11,533,148 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY 273,033 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 11,533,148 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -273,033 WARREN WILSON COLLEGE FOUND LLC PO BOX 9000 ASHEVILLE NC 28805 RENTAL NC 722736 16812713 N/A