2017-04-11T19:00:11-05:00 2016-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2015-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Yuet K Lee VP for Admin./Treasurer 9096218043 2017-03-09 1 Tracy S Paglia P00366884 2099556100 2017-03-09 2015 2021-01-29 14:40:06Z Melvin L Oliver 1050 N Mills Avenue Claremont CA 917116101 122477739 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 32 31 1039 150 40011 38291 7331963 3493236 63571171 65332278 6985252 4463701 547633 439099 78436019 73728314 12279896 14272459 0 0 28052954 30003722 0 0 1422465 29864631 28516281 70197481 72792462 8238538 935852 275870697 265529078 97438028 94386675 178432669 171142403 X Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities. 0 0 64300803 14272459 65332278 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,023 students. 64300803 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1662 0 1 1039 1 1 1 1 NP IT 0 0 0 1 1 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo Claremont University Co 9096218043 101 S Mills Ave Claremont CA 91711 Bridget Baker Trustee 1.60 X 0 0 0 Harold Arthur Brown Board Secretary 4.00 X X 0 0 0 William G Brunger Vice Chair of the Board 1.00 X X 0 0 0 Steven Chang Trustee 2.00 X 0 0 0 Jack Cohen Trustee 1.00 X 0 0 0 Susan G Dolgen Trustee 1.00 X 0 0 0 Stuart Finkelstein Trustee 2.00 X 0 0 0 Donald P Gould Trustee 2.00 X 0 0 0 Susan E Hollander Trustee 1.00 X 0 0 0 Susan Kessler Trustee 1.00 X 0 0 0 Jill A Klein Trustee 1.00 X 0 0 0 Robin M Kramer Trustee 4.00 X 0 0 0 John Landgraf Trustee 1.00 X 0 0 0 David Brady Levin Trustee 1.00 X 0 0 0 Mark London Trustee 3.00 X 0 0 0 Shana Passman Trustee 1.00 X 0 0 0 Kenneth Pitzer Trustee 1.00 X 0 0 0 Paula B Pretlow Trustee 3.00 X 0 0 0 Susan Pritzker Trustee 1.00 X 0 0 0 Robert Redford Trustee 1.00 X 0 0 0 Alissa Okuneff Roston Trustee 1.00 X 0 0 0 Edwin Ryu Trustee (thru 6/30/16) 2.00 X 0 0 0 Steven R Scheyer Trustee 1.00 X 0 0 0 William Sheinberg Trustee 1.00 X 0 0 0 Shahan Soghikian Chair of the Board 3.00 X X 0 0 0 Eugene Stein Trustee 2.00 X 0 0 0 Tracy McDonald Tindle Trustee 1.00 X 0 0 0 Charles C K Woo Trustee 0.00 X 0 0 0 Brian Christiansen Trustee 1.00 X 0 0 0 Thomas Poon Interim President (thru 6/30/16) 40.00 2.00 X X 114252 0 49672 Phoebe Wood Trustee 0.30 X 0 0 0 Jon Reingold Trustee 1.00 X 0 0 0 Yuet k Lee VP for Administration 40.00 1.00 X 271290 0 34934 Lori M Yoshino Assoc VP for Admin/Assoc Treasurer 40.00 X 139178 0 43568 Jennifer Berkley thru 43016 Asst. VP/ Secretary to the Board 40.00 1.00 X 135619 0 29467 Mia Alonzo Controller 4.00 21.00 X 0 139409 38319 Muriel Poston VP/Dean of Faculty (thru 6/2015) 40.00 1.00 X 293891 0 39914 Adrian Stevens VP/College Advancement 40.00 X 234026 0 52041 Jamila Everett thru 51116 Interim VP/Admissions & Financial Aid 40.00 X 154728 0 32004 Brian Carlise VP/Office of Student Affairs 40.00 X 206025 0 34925 Nigel Boyle Interim VP/Dean of Faculty 40.00 X 150052 0 37381 Halford Fairchild Faculty 40.00 X 263645 0 29170 Sheryl Miller Faculty 40.00 X 160945 0 39111 Larry Burik Assistant VP/Facilities 40.00 X 173797 0 26613 Alan Jones Faculty (thru 6/2016) 40.00 X 260453 0 29842 Sharon Snowiss Faculty 40.00 X 155125 0 18960 Laura Skandera Trombley Former President (thru 6/30/15) 0.00 0.00 X 560754 0 63922 3273780 139409 599843 53 1 1 0 Bon Appetit PO Box 50196 Los Angeles CA 900740196 Food Service 2110452 PCL Construction Services Inc 500 N Brand Blvd STE 1500 Glendale CA 91203 Construction 1252942 Kaiser Foundation Research Institute 1800 Harrison St 16th Floor Oakland CA 946123466 Research 636240 Meyer Constructive Services 606 N Eckhoff Orange CA 92868 Painter 582325 Kenneth Jones 8950 Monte Vista Ave Montclair CA 91763 Landscaping Services 272267 11 21400 173351 3298485 266711 3493236 Tuition and fees 611600 51662309 51662309 Auxiliary enterprises 611710 12742290 12742290 Federal Grants and Contracts 611710 459583 459583 Summer conferences 611710 432797 432797 Private contracts 900099 35299 35299 65332278 2702878 -30701 2733579 50438163 70712 48743477 4575 1694686 66137 1760823 70712 1690111 4800 21400 1373 3427 3427 Other sources 900099 435672 435672 435672 73728314 65332278 40011 4862789 14272459 14272459 2200582 1012194 813006 375382 365345 233015 81434 50896 20382708 18521212 1260033 601463 2843458 2526868 216529 100061 2689001 2367207 223609 98185 1522628 1307966 146916 67746 5000 5000 308309 308309 115328 115328 374419 374419 1223743 999115 220337 4291 316910 262781 33507 20622 1463689 1425907 9295 28487 621964 237029 351573 33362 1825736 1780833 44873 30 1478880 1394254 52106 32520 573100 510333 53455 9312 3986105 3925950 60155 8123030 6044901 2078129 4123632 3845065 278567 254472 12615 241857 Food and Housing 2423380 2423380 Building Repair 904462 847395 57067 Books & Periodicals 29288 26712 2563 13 364834 323612 41127 95 72792462 64300803 7069194 1422465 1139992 1484419 27545385 26786631 4142346 1879894 2378828 2844728 7552 119155 111740 3431961 2236129 139330341 41287969 100495228 98042372 90415993 80688580 39466129 45244997 4419906 4082705 2315774 2119331 275870697 265529078 6371421 5142110 1687911 1371038 80772405 78705001 433425 189841 8172866 8978685 97438028 94386675 X 108102212 106109734 34017546 28468839 36312911 36563830 178432669 171142403 275870697 265529078 X 935852 -5583380 -2642738 X 0 1 X 1 1 1 X 5665891 14670814 6123435 5991122 3493236 35944498 5665891 14670814 6123435 5991122 3493236 35944498 11530400 24414098 2645597 2815917 2788622 2781382 2733579 13765097 23733 2229 17329 41719 85010 328016 484886 451296 566704 435672 2266574 52061179 308373642 0.46900 0.49200 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2011 Amount: $ 328,016. 2012 Amount: $ 484,886. 2013 Amount: $ 451,296. 2014 Amount: $ 566,704. 2015 Amount: $ 435,672. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 132833248 1517528 -1599578 791762 4485712 359422 127114302 134877145 3479846 -328900 721579 4167851 305413 132833248 119050563 1596178 19000104 664296 3818288 287116 134877145 110612081 2284824 10827503 646432 3715622 311791 119050563 114169993 736362 -836804 429123 2616042 412305 110612081 0.60000 0.27000 0.13000 1 0 11705070 11705070 115807041 33406963 82400078 10426495 7881006 2545489 1391735 1391735 98042372 Funds held in trust by others 710539 F Limited Partnerships 44534458 F 45244997 Government advances for student loans 1961511 Annuities payable 48757 Early retirement liability 6274207 Asset retirement obligation 694210 8978685 X 51011827 -5583380 -2602727 -8186107 59197934 374419 14155961 14530380 73728314 58343351 41252 41252 58302099 374419 14115944 14490363 72792462 Part V, Line 4: The College uses the income from the endowment funds per the requirements of the donor. Such income is used for grants, scholarships, professorships, lectures and general operations of the College. Part X, Line 2: The objective of the College is to maintain and conduct a 501(c)(3) nonprofit educational institution. The primary purpose of accounting and reporting is the recording of resources received and applied rather than the determination of net income. The College had no uncertain tax positions and/or obligations at June 30, 2016 and 2015. Part XI, Line 2d - Other Adjustments: Realized Losses on Contributions Receivable -1,342,551. Actuarial Adjustments 192,259. Staff retirement plan comprehensive loss -1,452,435. Part XI, Line 4b - Other Adjustments: Student Financial aid 14,115,950. Income from K-1's 40,011. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 41,252. Part XII, Line 4b - Other Adjustments: Student Financial aid 14,115,950. Audited Financial Statement Rounding -6. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Students applying to the college receive registration materials that state the nondiscrimination policy. The policy is also published on the Pitzer College website. www.pitzer.edu Schedule E, Part I, Line 6 Pitzer College participates in the Pell Grant, Supplemental Educational Opportunity Grant, Cal Grants, College Work-Study and Perkins Loan programs. 1 Central America and the Caribbean 1 1 Program services Education 281038 Europe (including Iceland and Greenland) 1 1 Program services Education 20336 South America 1 1 Program services Education 208859 South Asia 1 1 Program services Education 293321 Sub-Saharan Africa 1 1 Program services Education 289274 Central America and the Caribbean 0 0 Investments 15272263 East Asia and the Pacific 0 0 Investments 3572409 Europe (including Iceland and Greenland) 0 0 Investments 5936337 Middle East and North Africa 0 0 Investments 19471 5 5 0 0 5 5 25873837 19471 25893308 1 0 1 1 1 0 Part I, Line 2: Funds are sent via wire to the director in charge of the program. Receipts for all expenses are sent to the Treasurer's office where they are reconciled, translated into US currency and recorded. Actual expenses are recorded each year except for some expenses at the end of the year that are estimated and reconciled in the following year when the receipts are received. Auction 26200 21400 4800 1373 26200 21400 4800 1373 1373 3427 1 Institutional Grant Aid 414 13890099 Supplemental Educational Opportunity Grant 61 173351 Stipends 144 156509 NSF STEM Grant Aid 8 52500 Part I, Line 2: Pitzer College awards scholarships only to individual undergraduate students. These scholarships are awarded based upon academic achievement and/or demonstrated financial need. The Financial Aid Office, with the assistance of the Registrar's Office, monitor student enrollment each semester to ensure that students remain qualified for financial aid. The College also awards tuition to dependents of its employees who meet the requirements of the College's Tuition Remission Program. Employee dependent's must be enrolled at one of the undergraduate schools of The Claremont Colleges. Tuition is paid directly to the undergraduate college after grades are submitted to the Human Resources Office as evidence of course completion. X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 1 0 Thomas Poon Interim President (thru 6/30/16) 114183 0 0 0 69 0 14100 0 35572 0 163924 0 0 0 Yuet k Lee VP for Administration 268970 0 1000 0 1320 0 31800 0 3134 0 306224 0 0 0 Lori M Yoshino Assoc VP for Admin/Assoc Treasurer 138338 0 0 0 840 0 17657 0 25911 0 182746 0 0 0 Jennifer Berkley thru 43016 Asst. VP/ Secretary to the Board 133510 0 1000 0 1109 0 16500 0 12967 0 165086 0 0 0 Mia Alonzo Controller 0 133929 0 5000 0 480 0 14809 0 23510 0 177728 0 0 Muriel Poston VP/Dean of Faculty (thru 6/2015) 258478 0 0 0 35413 0 31800 0 8114 0 333805 0 0 0 Adrian Stevens VP/College Advancement 231163 0 1000 0 1863 0 28840 0 23201 0 286067 0 0 0 Jamila Everett thru 51116 Interim VP/Admissions & Financial Ai 153434 0 1000 0 294 0 18868 0 13136 0 186732 0 0 0 Brian Carlise VP/Office of Student Affairs 203503 0 1000 0 1522 0 24660 0 10265 0 240950 0 0 0 Nigel Boyle Interim VP/Dean of Faculty 149968 0 0 0 84 0 18837 0 18544 0 187433 0 0 0 Halford Fairchild Faculty 131072 0 0 0 132573 0 16176 0 12994 0 292815 0 0 0 Sheryl Miller Faculty 160945 0 0 0 0 0 19313 0 19798 0 200056 0 0 0 Larry Burik Assistant VP/Facilities 148797 0 25000 0 0 0 18116 0 8497 0 200410 0 0 0 Alan Jones Faculty (thru 6/2016) 127856 0 0 0 132597 0 15936 0 13906 0 290295 0 0 0 Sharon Snowiss Faculty 155125 0 0 0 0 0 18466 0 494 0 174085 0 0 0 Laura Skandera Trombley Former President (thru 6/30/15) 282806 0 0 0 277948 0 31800 0 32122 0 624676 0 32000 0 Part I, Line 1a Any of the items checked above are provided only as documented in a particular individual's contract with the College. President is required to live in a Pitzer owned or leased residence as part of his/her contract. All maintenance expenses related to the house are paid by Pitzer. Part I, Line 7 Some individuals received non-fixed payments that were discretionary and not subject to a fixed formula or based on exchange for specific services. A California Educational Facilities Authority Series 2009 521705592 130178UR5 2009-11-18 63724597 Facility construction & improvement, refinance CEFA Series 1999 and 2005B 0 0 0 B California Municipal Finance Authority 2014 Tax-Exempt Loan 201563466 000000000 2014-06-26 24937500 Advance refund CEFA 2005A in April 2015, property purchase, capital projects 0 0 0 A 5120000 63897893 792003 38675810 24709550 2013 0 1 1 1 B 21047741 125241 5000000 15860000 0 1 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 1 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Part II, Line 3, Column A, B and C Explanation of difference between line 3 and issue price: Interest income and gain/loss. Muriel Poston VP/Dean of Faculty Repayment of overpaid wages X 7552 7552 0 0 1 7552 X 26 266711 FMV 0 0 1 0 Form 990, Part VI, Section B, line 11 The form is reviewed by the Audit Committee. A copy of the 990 is provided electronically to each member of the Board, excluding emeriti Trustees who are non-voting members. Form 990, Part VI, Section B, line 12c Pitzer has a Conflict of Interest Policy that prohibits trustees, officers and employees from using their positions and knowledge in any way that could create a conflict between the interests of the College and their own interests. The policy also requires that trustees, officers or other employees promptly report to the Trustee Audit Committee, any transaction or situation, pertaining to themselves or others, that may be a conflict of interest. Each trustee, officer and senior administrator must annually sign a statement documenting any existing or potential conflict of interest. The results of this annual reporting are reviewed by the Trustee Audit Committee. If any conflicts were identified during this documentation process, the Trustee Audit Committee would report this to the full board for their review and action, if warranted. In addition, it is the practice of trustees to recuse themselves from discussion and voting in circumstances where there may be a potential conflict of interest. Form 990, Part VI, Section B, line 15 The College uses benchmark salary data from comparable higher education institution groups for all employees, including executive management positions. Salaries are also reviewed in relation to performance as evidenced by annual written performance evaluations and years in position. Compensation for Pitzer's top executives is reviewed and approved by the Trustee Compensation Committee whose charge, drawn from the bylaws, is as stated below: 4.22 (a)(i) Compensation Committee. There shall be a subcommittee of the Executive Committee known as the Compensation Committee that shall review and approve the compensation, including benefits, of all of the following: (a) the President, (b) the Treasurer, and (c) every person, regardless of title, with powers, duties or responsibilities comparable to a president, chief executive officer, treasurer or chief financial officer. The review shall be conducted in accordance with California Government Code Section 125856(g). The Compensation Committee shall be composed of independent Trustees and shall not include the President or Treasurer. In addition to the President and Treasurer, the Trustee Compensation Committee reviews and approves compensation for the Vice President of Academic Affairs as this position is designated to act as the chief executive officer in exigency. For the Treasurer and Vice President of Academic Affairs, the Compensation Committee reviews and approves recommended compensation after reviewing performance, and salary and benefits in relation to the average salary and benefits packages of selected peer organizations and years in position. Minutes of the committee and the analyses are kept in confidentiality, limited to the committee, the President, the Secretary of the Board, the Vice President for Administration and Finance/Treasurer, and the Director of Human Resources. The Director of Human Resources retains the minutes and analyses as documentation of this process. President's contract: As outlined in Pitzer College's by-laws, the Board's Executive Committee annually conducts a performance review of the President. Under the by-laws, if any changes to the President's employment contract, including salary and benefits, are considered appropriate and necessary, these changes are constructed carefully by the Compensation Committee, in discussions with the President, reviewed by the Executive Committee and submitted to the full Board of Trustees for discussion and approval. In particular, the Board discusses the President's performance, the external market for comparable presidents at peer liberal arts colleges and the overall needs and means of Pitzer College. After discussion, and given the importance that the Board attaches to its supervision of the President, the Board attempts to achieve a consensus in favor of -- and then formally approves -- all compensation decisions. A few years ago, the Compensation Committee, the Executive Committee and the Board of Trustees decided that, under these policies, it was appropriate and necessary to extend the President's contract for an additional period to coincide with the College's strategic planning horizon and its pending capital fund-raising campaign. As a result, under the process described above, the two committees and the Board, in consultation with independent compensation experts and legal counsel, considered a new contract for the President, effective July 1, 2010, for a five-year period, and it was approved by the Board of Trustees. The deliberations and review included the President's exceptional performance, her years in position and the external market for comparable presidents at a large cohort group of peer liberal arts colleges, as summarized in a report prepared by independent compensation consultants. The Board approved the new contract by consensus, its final formal vote being unanimous. The new contract was then executed by the President and the Board Chair. The President resigned effective June 30, 2015, and the Board appointed an Interim President for the period of July 1, 2015 through June 30, 2016 while the College conducted a search for a new President. Form 990, Part VI, Section C, line 19 - Governing documents are not available to the general public - Conflict of interest policy is not available to the public - Audited financial statements are available on the College's website Form 990, Part XI, line 9: Realized Losses on Contributions Receivable -1,342,551. Staff retirement plan & faculty planned retirement plan comprehensive loss -1,452,435. Actuarial adjustment 192,259. INcome from K-1's -40,012. rounding 1. Claremont University Consortium 101 S Mills Ave Claremont CA 91711 954786748 Support Claremont colleges CA 501(c)(3) 11a, Type I N/A 0 Pitzer College - Costa Rica 101 S Mills Ave Claremont CA 91711 320152376 Conservation easement for forest conservation CA 501(c)(3) 11a, Type I N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0