WILLIAMS COLLEGE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
WILLIAMS COLLEGE (EIN 04-2104847)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-11
IRS object ID
201721319349303837
Schema version
2015v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-11T13:54:02-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SEAPORT BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042104847EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAMS COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SUSAN HOGANInCareOfNm
Business Name ControlWILLBusinessNameControlTxt
Phone4135974412PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1HOPKINS HALL PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFREDERICK W PUDDESTERPersonNm
Person TitleVP FIN/ADMIN & TREASPersonTitleTxt
Phone4135974412PhoneNum
Signature2017-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGWEN SPENCERPreparerPersonNm
PTINP00641463PTIN
Phone6175305000PhoneNum
Preparation2017-05-01PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerADAM F FALKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1HOPKINS HALL PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$341,354,597GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.williams.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1793FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee3573TotalEmployeeCnt
Total Volunteers2941TotalVolunteersCnt
Total Gross UBI-$2,476,682TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$3,313,280NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$133,207,640PYContributionsGrantsAmt
CY Contributions Grants$68,769,484CYContributionsGrantsAmt
PY Program Service Revenue$131,342,735PYProgramServiceRevenueAmt
CY Program Service Revenue$138,589,497CYProgramServiceRevenueAmt
PY Investment Income$229,017,590PYInvestmentIncomeAmt
CY Investment Income$130,912,090CYInvestmentIncomeAmt
PY Other Revenue$2,935,286PYOtherRevenueAmt
CY Other Revenue$3,083,526CYOtherRevenueAmt
PY Total Revenue$496,503,251PYTotalRevenueAmt
CY Total Revenue$341,354,597CYTotalRevenueAmt
PY Grants And Similar Paid$46,455,434PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$53,888,555CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$125,593,818PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$132,817,992CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$11,397,091CYTotalFundraisingExpenseAmt
PY Other Expenses$91,873,472PYOtherExpensesAmt
CY Other Expenses$98,702,535CYOtherExpensesAmt
PY Total Expenses$263,922,724PYTotalExpensesAmt
CY Total Expenses$285,409,082CYTotalExpensesAmt
PY Revenues Less Expenses$232,580,527PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$55,945,515CYRevenuesLessExpensesAmt
Total Assets BOY$3,113,969,064TotalAssetsBOYAmt
Total Assets EOY$2,996,002,215TotalAssetsEOYAmt
Total Liabilities BOY$459,003,655TotalLiabilitiesBOYAmt
Total Liabilities EOY$463,458,047TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,654,965,409NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,532,544,168NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$240,564,909ExpenseAmt
Grant$53,888,555GrantAmt
Revenue$138,589,497RevenueAmt
DescSEE SCHEDULE O.Desc
Total Program Service Expenses$240,564,909TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document3009IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3573EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSUSAN HOGANPersonNm
Phone4135974204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 67AddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ELIZABETH A ANDERSEN
TRUSTEE4.00.0Yes (X)$0$0$0
BARBARA A AUSTELL
TRUSTEE4.00.0Yes (X)$0$0$0
TIMOTHY A BARROWS
TRUSTEE4.00.0Yes (X)$0$0$0
BRIAN D CARPENTER
TRUSTEE4.00.0Yes (X)$0$0$0
VALERIE A DIFEBO
TRUSTEE4.00.0Yes (X)$0$0$0
MICHAEL R EISENSON
TRUSTEE/CHAIR6.00.0Yes (X)$0$0$0
WILLIAM C FOOTE
TRUSTEE4.00.0Yes (X)$0$0$0
O ANDREAS HALVORSEN
TRUSTEE4.01.0Yes (X)$0$0$0
YVONNE HAO
TRUSTEE4.00.0Yes (X)$0$0$0
JEFFREY S HARLESTON
TRUSTEE4.00.0Yes (X)$0$0$0
STEPHEN HARTY
TRUSTEE4.00.0Yes (X)$0$0$0
JOEY SHAISTA HORN
TRUSTEE4.00.0Yes (X)$0$0$0
CARON GARCIA MARTINEZ
TRUSTEE4.00.0Yes (X)$0$0$0
CLARENCE OTIS JR
TRUSTEE4.00.0Yes (X)$0$0$0
RICHARD R PICKARD
TRUSTEE4.00.0Yes (X)$0$0$0
KATHERINE L QUEENEY
TRUSTEE4.00.0Yes (X)$0$0$0
ELIZABETH E ROBINSON
TRUSTEE4.00.0Yes (X)$0$0$0
ROBERT G SCOTT
TRUSTEE4.01.0Yes (X)$0$0$0
SARAH MOLLMAN UNDERHILL
TRUSTEE4.00.0Yes (X)$0$0$0
MARTHA WILLIAMSON
TRUSTEE4.00.0Yes (X)$0$0$0
GREGORY H WOODS
TRUSTEE4.00.0Yes (X)$0$0$0
ADAM FALK
PRESIDENT40.01.0Yes (X)$640,643$0$170,178Yes (X)
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER40.00.0$1,020,615$0$455,408Yes (X)
KELI A GAIL
SECRETARY OF THE COLLEGE40.00.0$165,744$0$66,950Yes (X)
STEPHEN P KLASS
VP FOR CAMPUS LIFE40.00.0$326,932$0$51,363Yes (X)
JOHN MALCOLM
VP FOR COLLEGE RELATIONS40.00.0$276,165$0$38,772Yes (X)
FREDERICK PUDDESTER
VP FOR FINANCE & ADMIN & TREAS40.00.0$417,162$0$55,358Yes (X)
ANGELA P SCHAEFFER
CHIEF COMMUNICATION OFFICER40.00.0$155,072$0$42,179Yes (X)
LETICIA S E HAYNES
VP INSTL. DIVERSITY & EQUITY40.00.0$88,681$0$32,360Yes (X)
DENISE BUELL
DEAN OF THE FACULTY40.00.0$241,097$0$50,548Yes (X)
SARAH BOLTON
DEAN OF COLL/PROF OF PHYSICS40.00.0$254,794$0$52,102Yes (X)
WILLIAM DUDLEY
PROVOST, PROF OF PHILOSOPHY40.00.0$260,089$0$50,761Yes (X)
JULIA CROSBY
Managing Director, INV OFFICE40.00.0$397,369$0$123,298Yes (X)
LOUIS SOUSA
Managing Director, INV OFFICE40.0$548,075$0$174,498Yes (X)
BRADFORD B WAKEMAN
Managing Dir/COO, INV OFFICE40.00.0$560,082$0$190,019Yes (X)
ABIGAIL WATTLEY
Director, INV OFFICE40.00.0$233,280$0$83,025Yes (X)
ROBERT FISHER
FACULTY MEMBER40.00.0$522,599$0$18,708Yes (X)
JAMES KOLESARUT63015
VP PUBLIC AFFAIRS/FRMR OFFICER40.00.0$141,877$0$37,735Yes (X)
WILLIAM LENHARTUT 611
PROF COMP SCIENCE/FRMR OFFICER40.00.0$209,565$0$48,067Yes (X)
PETER MURPHY UT 614
PROF ENGLISH/FRMR KEY EMP40.00.0$164,888$0$41,359Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$6,624,729TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,782,688TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K246IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WHITING TURNER CONTRACTING COMPANY
1 PINE WEST PLZALBANYNY12205CONSTRUCTION$7,380,028
ENGELBERTH CONSTRUCTION INC
463 MOUNTIAN VIEW DRIVECOLCHESTERVT05446CONSTRUCTION$6,163,695
JM MAXYMILLIAN INC
1801 East StPittsfieldMA01201CONSTRUCTION$4,602,117
ALBERT CUMMINGS IV GENERAL CONT I
228 MAIN STREET SUITE 414WILLIAMSTOWNMA01267CONSTRUCTION$3,441,077
SHAWMUT DESIGN AND CONSTRUCTION IN
1111 ELM STREETWEST SPRINGFIELDMA01089CONSTRUCTION$2,824,164
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K84CntrctRcvdGreaterThan100KCnt
Government Grants$2,299,725GovernmentGrantsAmt
All Other Contributions$66,469,759AllOtherContributionsAmt
Noncash Contributions$8,682,570NoncashContributionsAmt
Total Contributions$68,769,484TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
TUITION ROOM AND BOARD900099$132,650,467$132,650,467
WILLIAMS INN721000$3,425,416$249,954$3,175,462
AUXILIARY REVENUE721110$2,008,924$2,008,924
ALL OTHER PROGRAM SERVICES900099$504,690$504,690
FieldValueIRS element (for citing)
Total Program Service Revenue$138,589,497TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$397,759TotalRevenueColumnAmt
Unrelated Business Revenue-$3,592,461UnrelatedBusinessRevenueAmt
Exclusion$3,990,220ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,237TotalRevenueColumnAmt
Exclusion$2,237ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,860,286RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,860,286RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,860,286TotalRevenueColumnAmt
Exclusion$1,860,286ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$130,512,094SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$130,512,094SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$130,512,094TotalRevenueColumnAmt
Unrelated Business Revenue$1,115,779UnrelatedBusinessRevenueAmt
Exclusion$129,396,315ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCES900099$1,154,290$1,154,290
RECREATION ACTIVITIES713940$68,950$68,950
FieldValueIRS element (for citing)
Other Revenue Total$1,223,240OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$341,354,597TotalRevenueColumnAmt
Related Or Exempt Func Income$133,405,111RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$2,476,682UnrelatedBusinessRevenueAmt
Exclusion$141,656,684ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,477,897TotalAmt
Program Services$5,477,897ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$47,547,446TotalAmt
Program Services$47,547,446ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$863,212TotalAmt
Program Services$863,212ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,417,816TotalAmt
Program Services$905,468ProgramServicesAmt
Management And General$1,689,382ManagementAndGeneralAmt
Fundraising$822,966FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$219,658TotalAmt
Program Services$219,658ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$93,934,721TotalAmt
Program Services$80,812,334ProgramServicesAmt
Management And General$9,361,640ManagementAndGeneralAmt
Fundraising$3,760,747FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,963,661TotalAmt
Program Services$6,206,828ProgramServicesAmt
Management And General$1,399,270ManagementAndGeneralAmt
Fundraising$357,563FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$20,594,366TotalAmt
Program Services$16,298,937ProgramServicesAmt
Management And General$3,467,545ManagementAndGeneralAmt
Fundraising$827,884FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,687,770TotalAmt
Program Services$5,212,407ProgramServicesAmt
Management And General$1,175,087ManagementAndGeneralAmt
Fundraising$300,276FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$266,762TotalAmt
Program Services$12,376ProgramServicesAmt
Management And General$241,049ManagementAndGeneralAmt
Fundraising$13,337FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$263,726TotalAmt
Program Services$3,870ProgramServicesAmt
Management And General$259,856ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$22,522,343TotalAmt
Program Services$15,251,207ProgramServicesAmt
Management And General$5,556,944ManagementAndGeneralAmt
Fundraising$1,714,192FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$213,442TotalAmt
Program Services$127,182ProgramServicesAmt
Management And General$85,537ManagementAndGeneralAmt
Fundraising$723FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,367,441TotalAmt
Program Services$8,221,002ProgramServicesAmt
Management And General$646,816ManagementAndGeneralAmt
Fundraising$499,623FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,961,752TotalAmt
Program Services$1,908,714ProgramServicesAmt
Management And General$49,977ManagementAndGeneralAmt
Fundraising$3,061FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,607,513TotalAmt
Program Services$5,701,030ProgramServicesAmt
Management And General$454,450ManagementAndGeneralAmt
Fundraising$452,033FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,931,527TotalAmt
Program Services$5,440,496ProgramServicesAmt
Management And General$566,411ManagementAndGeneralAmt
Fundraising$924,620FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$237,408TotalAmt
Program Services$170,292ProgramServicesAmt
Management And General$31,927ManagementAndGeneralAmt
Fundraising$35,189FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,770,599TotalAmt
Program Services$7,615,145ProgramServicesAmt
Management And General$1,716,761ManagementAndGeneralAmt
Fundraising$438,693FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$26,353,777TotalAmt
Program Services$20,539,972ProgramServicesAmt
Management And General$4,630,539ManagementAndGeneralAmt
Fundraising$1,183,266FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,227,232TotalAmt
Program Services$13,592ProgramServicesAmt
Management And General$1,213,640ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FELLOWSHIPS, STUDENT PRIZES$3,896,708$3,896,708
EQUIPMENT RENTAL/MAINTENANCE$9,082,305$8,119,136$900,251$62,918

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$285,409,082TotalAmt
Program Services$240,564,909ProgramServicesAmt
Management And General$33,447,082ManagementAndGeneralAmt
Fundraising$11,397,091FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$13,631,785BOYAmt
EOY$18,563,534EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,571,611BOYAmt
EOY$36,014,281EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$147,220,340BOYAmt
EOY$140,841,594EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$800,862BOYAmt
EOY$1,176,191EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$458,428BOYAmt
EOY$471,874EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$15,517,333BOYAmt
EOY$15,640,682EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$338,885BOYAmt
EOY$312,889EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,111,851BOYAmt
EOY$9,614,032EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$828,743,091LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$333,062,487LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$462,281,402BOYAmt
EOY$495,680,604EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$54,296,110BOYAmt
EOY$53,501,257EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,370,118,283BOYAmt
EOY$2,224,185,277EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,622,174BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,113,969,064BOYAmt
EOY$2,996,002,215EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$57,615,875BOYAmt
EOY$72,170,307EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,639,744BOYAmt
EOY$1,848,731EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$339,226,607BOYAmt
EOY$327,710,857EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$56,216,388BOYAmt
EOY$58,458,322EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,305,041BOYAmt
EOY$3,269,830EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$459,003,655BOYAmt
EOY$463,458,047EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$345,196,584BOYAmt
EOY$326,063,381EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,703,083,845BOYAmt
EOY$1,577,534,394EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$606,684,980BOYAmt
EOY$628,946,393EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,654,965,409BOYAmt
EOY$2,532,544,168EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,113,969,064BOYAmt
EOY$2,996,002,215EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$55,945,515ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$173,646,226NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4,720,530OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$52,694,308CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,342,033CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,651,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$133,207,640CurrentTaxYearMinus1YearAmt
Current Tax Year$68,769,484CurrentTaxYearAmt
Total$361,665,104TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$52,694,308CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,342,033CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,651,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$133,207,640CurrentTaxYearMinus1YearAmt
Current Tax Year$68,769,484CurrentTaxYearAmt
Total$361,665,104TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$78,259,750SubstantialContributorsTotAmt
Public Support Total170$283,405,354PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,018,435CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,727,253CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,089,574CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,604,771CurrentTaxYearMinus1YearAmt
Current Tax Year$5,852,743CurrentTaxYearAmt
Total$23,292,776TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$384,957,880TotalSupportAmt
Gross Receipts Rltd Activities$625,119,839GrossReceiptsRltdActivitiesAmt
Public Support CY1700.73620PublicSupportCY170Pct
Public Support PY1700.70370PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$44,509OtherActivitiesAmt
Total Lobbying Expenditures$44,509TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE C, PART II-B, LINE 1IFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS INCLUDING NACUBO, NAICU, AND AICUM WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Donor Advised Funds Grants$101,000DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$2,074,471DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$630,527RevenuesIncludedAmt
Assets Included$47,257,549AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,343,516,277BeginningYearBalanceAmt
Contributions$25,914,486ContributionsAmt
Investment Earnings Or Losses-$35,220,177InvestmentEarningsOrLossesAmt
Grants Or Scholarships$24,661,307GrantsOrScholarshipsAmt
Other Expenditures$98,014,290OtherExpendituresAmt
Administrative Expenses$4,927,839AdministrativeExpensesAmt
End Year Balance$2,206,607,150EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,146,252,925BeginningYearBalanceAmt
Contributions$99,282,688ContributionsAmt
Investment Earnings Or Losses$213,600,715InvestmentEarningsOrLossesAmt
Grants Or Scholarships$21,630,783GrantsOrScholarshipsAmt
Other Expenditures$87,704,016OtherExpendituresAmt
Administrative Expenses$6,285,252AdministrativeExpensesAmt
End Year Balance$2,343,516,277EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,889,182,032BeginningYearBalanceAmt
Contributions$27,395,128ContributionsAmt
Investment Earnings Or Losses$332,991,623InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,156,756GrantsOrScholarshipsAmt
Other Expenditures$77,580,817OtherExpendituresAmt
Administrative Expenses$5,578,285AdministrativeExpensesAmt
End Year Balance$2,146,252,925EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,716,033,537BeginningYearBalanceAmt
Contributions$14,903,994ContributionsAmt
Investment Earnings Or Losses$255,857,256InvestmentEarningsOrLossesAmt
Grants Or Scholarships$18,826,874GrantsOrScholarshipsAmt
Other Expenditures$74,186,377OtherExpendituresAmt
Administrative Expenses$4,699,504AdministrativeExpensesAmt
End Year Balance$1,889,082,032EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,742,016,968BeginningYearBalanceAmt
Contributions$17,712,878ContributionsAmt
Investment Earnings Or Losses$53,538,731InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,592,522GrantsOrScholarshipsAmt
Other Expenditures$77,222,791OtherExpendituresAmt
Administrative Expenses$5,419,727AdministrativeExpensesAmt
End Year Balance$1,716,033,537EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.09480BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.25420PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.65100TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,380,104InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$12,274,712OtherCostOrOtherBasisAmt
Book Value$13,654,816BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$4,596,759InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$599,551,494OtherCostOrOtherBasisAmt
Depreciation$267,871,968DepreciationAmt
Book Value$336,276,285BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$86,053,670OtherCostOrOtherBasisAmt
Depreciation$47,918,534DepreciationAmt
Book Value$38,135,136BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$124,886,352OtherCostOrOtherBasisAmt
Depreciation$17,271,985DepreciationAmt
Book Value$107,614,367BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$495,680,604TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
EQUITY FUNDS (LONG & SHORT)$918,463,843F
ABSOLUTE RETURN FUND$380,391,276F
VENTURE CAPITAL FUNDS$304,152,853F
BUYOUT FUNDS$156,905,383F
REAL ASSET FUNDS$86,068,299F
REAL ESTATE FUNDS$99,087,802F
FIXED INCOME FUNDS$245,292,706F
OTHER INVESTMENT ASSETS$33,823,115F
FieldValueIRS element (for citing)
Total Book Value Securities$2,224,185,277TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescUS GOV'T ADVANCES FOR STUDENTSDesc
Amt$3,269,830Amt
FieldValueIRS element (for citing)
Total Liability$3,269,830TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$114,577,183TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$173,646,226NetUnrealizedGainsInvstAmt
Other Revenue-$4,720,530OtherRevenueAmt
Revenue Not Reported-$178,366,756RevenueNotReportedAmt
Revenue Subtotal$292,943,939RevenueSubtotalAmt
Other Revenues Not Included$48,410,658OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$48,410,658RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$341,354,597TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$236,998,424TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$236,998,424ExpensesSubtotalAmt
Other Expenses Not Included$48,410,658OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$48,410,658ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$285,409,082TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE D, PART III, LINE 1ATHE COLLEGE'S ART AND RARE BOOK COLLECTIONS ARE RECORDED AT COST OR APPRAISED VALUE AT THE DATE OF ACQUISITION. COLLECTIONS ARE NOT DEPRECIATED.
FORM 990, SCHEDULE D, PART III, LINE 4THE MUSEUM'S PRINCIPAL MISSION IS TO ENCOURAGE MULTIDISCIPLINARY TEACHING THROUGH ENCOUNTERS WITH ART OBJECTS THAT TRAVERSE TIME PERIODS AND CULTURES.
FORM 990, SCHEDULE D, PART IV, LINE 2BWILLIAMS COLLEGE SERVES AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON ITS BALANCE SHEET.
FORM 990, SCHEDULE D, PART V, LINE 4THE COLLEGE MANAGES AND INVESTS THE ENDOWMENT TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE COLLEGE. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIPS FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS.
FORM 990, SCHEDULE D, PART XI, LINE 2DLIFE INCOME PAYMENTS AND CHANGE IN PRESENT VALUE $(4,982,156) LOSS ON FINANCIAL CONTRACTS $(1,582,780) INVESTMENT INCOME ON SPLIT INTEREST AGREEMENTS $ 1,844,406 ____________ TOTAL $(4,720,530)
FORM 990, SCHEDULE D, PART XI, LINE 4BFINANCIAL AID 48,410,658
FORM 990, SCHEDULE D, PART XII, LINE 4BFINANCIAL AID 48,410,658

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE E, LINE 3WILLIAMS COLLEGE COURSE CATALOG/BULLETIN AND ON THE COLLEGE'S WEBSITE AT WWW.WILLIAMS.EDU.
FORM 990, SCHEDULE E, LINE 6ASTUDENTS AT WILLIAMS COLLEGE RECEIVE TITLE IV FEDERAL FINANCIAL AID. STUDENTS APPLY FOR AND RECEIVE FEDERAL FINANCIAL AID & PROFESSORS APPLY FOR AND RECEIVE GOVERNMENT GRANTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtOfficesOfficesCnt
South Asia1Program ServicesRESEARCH$46,089
South AsiaProgram ServicesINSTRUCTION$46,178
Europe (Including Iceland and Greenland)1Program ServicesINSTRUCTION$1,178,6991
Europe (Including Iceland and Greenland)Program ServicesRESEARCH$204,530
Europe (Including Iceland and Greenland)Investments$13,805,048
Sub-Saharan AfricaInvestments$14,898,090
Sub-Saharan AfricaProgram ServicesINSTRUCTION$29,822
Central America and the CaribbeanProgram ServicesRESEARCH$96,229
Central America and the CaribbeanProgram ServicesINSTRUCTION$73,753
Russia and the Newly Independent StatesProgram ServicesINSTRUCTION$23,285
South AmericaProgram ServicesRESEARCH$1,300
Central America and the CaribbeanInvestments$1,023,975,333
Europe (Including Iceland and Greenland)Program ServicesINSTRUCTION$13,201
North AmericaProgram ServicesRESEARCH$4,846
North AmericaProgram ServicesINSTRUCTION$12,062
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$1,054,408,465SubtotalSpentAmt
Total Spent$1,054,408,465TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSEurope (Including Iceland and Greenland)13$623,202OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSSub-Saharan Africa14$25,549OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSCentral America and the Caribbean24$102,420OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSEast Asia and the Pacific3$15,381OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSSouth America2$4,916OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSRussia and the Newly Independent States7$14,791OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSMiddle East and North Africa2$390OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSSouth Asia13$53,511OTHERN/AFMV
FINANCIAL AID - SCHOLARSHIPS TO STUDENTSNorth America10$23,052OTHERN/AFMV
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE F, PART I, COLUMN (F)ALL EXPENSES OF OUR PROGRAMS ARE RECORDED AS EXPENSES IN THE FINANCIAL STATEMENTS OF THE COLLEGE.
FORM 990, SCHEDULE F, PART I, LINE 2FOR THE STUDENT TUITION PAYMENTS WE REMIT FUNDS DIRECTLY TO THE INSTITUTIONS BASED ON INVOICES RECEIVED FROM THE INSTITUTIONS.
FORM 990, SCHEDULE F, PART I, LINE 3THE REGION REPORTED IN COLUMN (A) FOR THE COLLEGE'S INVESTMENTS IS BASED ON THE LEGAL DOMICILE OF THE INVESTMENT FUND AS PROVIDED IN THE SCHEDULE F INSTRUCTIONS. THIS DOES NOT NECESSARILY INCLUDE THE REGION OF THE UNDERLYING INVESTMENTS OR THE REGION WHERE THE INVESTMENT ACTIVITY OCCURS.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (14 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
MASS MUSEUM OF CONTEMP ART
1040 MASS MOCA WAYNORTH ADAMSMA01247043113688501(C)(3)$50,000N/ASCHOLARSHIPS
Mystic Seaport
75 Greenmanville AveMysticCT06355060653120501(C)(3)$120,000N/ASCHOLARSHIPS
Northern Berkshire United Way
PO Box 955North AdamsMA01247042104785501(C)(3)$6,409N/ASCHOLARSHIPS
VILLAGE AMBULANCE SERVICE INC
30 WATER STREETWILLIAMSTOWNMA01267042756911501(C)(3)$21,000N/ASCHOLARSHIPS
Williamstown Community Chest
PO Box 204WilliamstownMA01267046044550501(C)(3)$30,764N/ASCHOLARSHIPS
Williamstown Fire District
34 Water StreetWilliamstownMA01267042931280115$29,560N/AProgram Support
Williamstown Youth Center
66 School StreetWilliamstownMA01267042105836501(C)(3)$50,000N/AProgram Support
Images Cinema
50 Spring StreetWilliamstownMA01267046407257501(C)(3)$30,000N/AProgram Support
WilliNet
34 Spring StreetWilliamstownMA01267043253056501(C)(3)$12,500N/AMEDICAL SERVICES
NORTH ADAMS PARTNERSHIP
87 MARSHALL STREETNORTH ADAMSMA01247452625578501(C)(3)$30,000N/ACharitable Contribution
MT GREYLOCK REGIONAL SCHOOL DISTRICT
1781 Cold Spring RdWilliamstownMA01267046006433115$5,000,000N/AProgram Support
Williamstown Elementary School
115 Church StWilliamstownMA01267046001368115$67,664N/ACharitable Contribution
BERKSHIRE TOMORROWS INC
1 Fenn StreetPittsfieldMA01201030572303501(C)(3)$20,000N/A
DESTINATION WILLIAMSTOWN
PO Box 536WilliamstownMA01267472774322501(C)(3)$10,000N/A
FieldValueIRS element (for citing)
Total501c3 Org14Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFinancial aid - scholarships to studentsGrantTypeTxt
Recipient1073RecipientCnt
Cash Grant$47,547,446CashGrantAmt
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURESFormAndLineReferenceDesc
ExplanationFORM 990, SCHEDULE I, PART I, LINE 2 FINANCIAL AID IS AWARDED BY FINANCIAL AID PROFESSIONALS IN ACCORDANCE WITH THE COLLEGE POLICIES. GRANTS TO ORGANIZATIONS IN PART II ARE TO SUPPORT LOCAL SERVICE ORGANIZATIONS IN THE SURROUNDING COMMUNITIES. FORM 990, SCHEDULE I, PART III CASH GRANTS ARE CREDITS TO STUDENT ACCOUNTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ADAM FALK
PRESIDENT$484,215$0$0$0$156,428$0$120,861$0$49,317$0$810,821$0$0$0
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER$448,959$0$553,280$0$18,376$0$414,277$0$41,131$0$1,476,023$0$244,617$0
KELI A GAIL
SECRETARY OF THE COLLEGE$164,307$0$0$0$1,437$0$18,682$0$48,268$0$232,694$0$0$0
STEPHEN P KLASS
VP FOR CAMPUS LIFE$325,498$0$0$0$1,434$0$29,952$0$21,411$0$378,295$0$0$0
JOHN MALCOLM
VP FOR COLLEGE RELATIONS$275,993$0$0$0$172$0$29,952$0$8,820$0$314,937$0$0$0
FREDERICK PUDDESTER
VP FOR FINANCE & ADMIN & TREAS$398,970$0$0$0$18,192$0$29,952$0$25,406$0$472,520$0$0$0
ANGELA P SCHAEFFER
CHIEF COMMUNICATION OFFICER$154,702$0$0$0$370$0$17,657$0$24,522$0$197,251$0$0$0
DENISE BUELL
DEAN OF THE FACULTY$240,968$0$0$0$129$0$27,796$0$22,752$0$291,645$0$0$0
SARAH BOLTON
DEAN OF COLL/PROF OF PHYSICS$253,918$0$0$0$876$0$29,350$0$22,752$0$306,896$0$0$0
WILLIAM DUDLEY
PROVOST, PROF OF PHILOSOPHY$256,059$0$0$0$4,030$0$29,350$0$21,411$0$310,850$0$0$0
JULIA CROSBY
Managing Director, INV OFFICE$271,690$0$124,839$0$840$0$101,153$0$22,145$0$520,667$0$48,326$0
LOUIS SOUSA
Managing Director, INV OFFICE$334,597$0$212,638$0$840$0$152,087$0$22,411$0$722,573$0$82,313$0
BRADFORD B WAKEMAN
Managing Dir/COO, INV OFFICE$331,021$0$228,221$0$840$0$152,087$0$37,932$0$750,101$0$96,486$0
ABIGAIL WATTLEY
Director, INV OFFICE$158,492$0$74,788$0$0$0$58,496$0$24,529$0$316,305$0$31,430$0
ROBERT FISHER
FACULTY MEMBER$71,442$0$0$0$451,157$0$7,865$0$10,843$0$541,307$0$0$0
JAMES KOLESARUT63015
VP PUBLIC AFFAIRS/FRMR OFFICER$141,877$0$0$0$0$0$15,532$0$22,203$0$179,612$0$0$0
WILLIAM LENHARTUT 611
PROF COMP SCIENCE/FRMR OFFICER$209,507$0$0$0$58$0$24,106$0$23,961$0$257,632$0$0$0
PETER MURPHY UT 614
PROF ENGLISH/FRMR KEY EMP$164,888$0$0$0$0$0$18,607$0$22,752$0$206,247$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
BENEFITSFORM 990, SCHEDULE J, PART I, LINE 1A FIRST CLASS OR CHARTER TRAVEL: WILLIAMS COLLEGE DOES NOT TYPICALLY PERMIT FIRST CLASS OR CHARTER TRAVEL FOR BUSINESS TRIPS, HOWEVER DUE TO UNFORESEEN TIMING CONSTRAINTS, THE PRESIDENT TRAVELED ON ONE DOMESTIC CHARTER FLIGHT FOR BUSINESS PURPOSES DURING 2015. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE PRESIDENT'S OTHER REPORTABLE COMPENSATION IN PART II, COLUMN B(iii) INCLUDES A TAXABLE HOUSING ALLOWANCE. ON OCCASION, ONE LISTED OFFICER USED COLLEGE RESIDENTIAL PROPERTY FOR PERSONAL USE. THE VALUE OF THE USE IS IMPUTED AS INCOME AND REPORTED ON FORM W-2. THE VALUE OF USE IS INCLUDED IN PART II, COLUMN B(III).
HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES:WILLIAMS PAID DUES FOR A WILLIAMSTOWN-BASED GOLF COURSE MEMBERSHIP FOR THE PRESIDENT. THE AMOUNTS WERE REPORTED AS TAXABLE COMPENSATION.
FORM 990, SCHEDULE J, PART I, LINE 4ATHE COLLEGE MADE THE FOLLOWING LUMP SUM PAYMENTS IN 2015 BASED ON THE VOLUNTARY EARLY RETIREMENT INCENTIVE PLAN: $110,792 TO ROBERT FISHER, REPRESENTING THE FIRST OF TWO EQUAL LUMP SUM PAYMENTS TOTALING 200% OF HIS 2014-15 INSTITUTIONAL BASE SALARY.
FORM 990, SCHEDULE J, PART I, LINE 4BTHE COLLEGE ESTABLISHED DEFERRED COMPENSATION PLANS FOR CERTAIN EMPLOYEES. THE TERMS OF THE PLANS PROVIDE FOR THE COLLEGE TO MAKE ANNUAL SET-ASIDES AND LUMP SUM PAYOUTS AT THE VESTING DATE OF THE PLANS, PROVIDED EACH REMAINS IN HIS OR HER POSITION UNTIL THE VESTING DATE OF THEIR RESPECTIVE PLANS.
FORM 990, SCHEDULE J, PART I, LINE 4B AND LINE 7:MEMBERS OF THE INVESTMENT OFFICE STAFF ARE ELIGIBLE TO RECEIVE AN ANNUAL BONUS UP TO A CERTAIN PERCENTAGE OF THEIR BASE SALARY. THE BONUS IS DETERMINED BY THE PERFORMANCE OF THE INVESTMENT PORTFOLIO IN RELATION TO THE PERFORMANCE OF THE POLICY BENCHMARK. THE POLICY BENCHMARK IS ESTABLISHED BY THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE BONUS IS PAID OUT OVER TIME, REQUIRES THE INDIVIDUAL TO REMAIN EMPLOYED IN ORDER TO BE ELIGIBLE TO RECEIVE PAYMENT, AND IS SUBJECT TO NEGATIVE EARNINGS PROVISIONS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS HEALTH & EDU FACILITIES AUTHORITY
A04245601157586CQS72007-01-04$76,536,465NEW CONSTRUCTION & 1999 ADV REFUNDYes (true)falsefalse
MASS HEALTH & EDU FACILITIES AUTHORITY
B04343181457583UAA62011-03-02$92,077,256CONSTR AND 2007 CURRENT REFUNDINGfalsefalsefalse
MASS HEALTH & EDU FACILITIES AUTHORITY
C04245601157586CPX72006-04-03$73,396,5731996 & 2003 CURRENT REFUNDINGYes (true)falsefalse
MASS HEALTH & EDU FACILITIES AUTHORITY
D04245601157585KW792003-04-02$115,049,757CONSTRC AND 1993 CURRENT REFUNDINGfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$13,189,069$34,200,000$76,536,465$0$0$0$518,260$0$0$66,333,146$9,685,059$02008falseYes (true)Yes (true)Yes (true)
B$9,792,193$0$92,077,256$0$0$0$661,056$0$0$50,166,200$41,250,000$02013Yes (true)falseYes (true)Yes (true)
C$9,852,664$11,065,000$73,396,573$0$0$0$556,293$0$0$0$72,840,280$02006Yes (true)falseYes (true)Yes (true)
D$93,104,683$0$115,049,757$0$0$0$644,884$0$0$100,699,405$13,705,468$02005Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse00.016840.01684falsefalsefalseYes (true)
Bfalsefalsefalsefalse00.005800.00580falsefalsefalseYes (true)
Cfalsefalsefalsefalse00.009720.00972falsefalsefalseYes (true)
Dfalsefalsefalsefalse00.019240.01924falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedInd
0
AfalsefalsefalseYes (true)falsefalseYes (true)RBC CAPITAL2.Yes (true)falseYes (true)
0
BfalseYes (true)Yes (true)falseYes (true)falsefalse0falseYes (true)
MORGAN STANLEY
CfalsefalseYes (true)falseYes (true)Yes (true)false0falseYes (true)20.falsefalse
0
DfalsefalsefalseYes (true)falsefalseYes (true)TRINITY3.2Yes (true)falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSUPPLEMENTAL INFORMATION- FORM 990, SCHEDULE K, PART VIFormAndLineReferenceDesc
ExplanationFORM 990, SCHEDULE K-1, PART IV, LINE 2C MASS. HEALTH & EDU FACILITIES AUTHORITY SERIES L (COLUMN A) HAD A REBATE CALCULATION PERFORMED IN DECEMBER OF 2012. MASS. HEALTH & EDU FACILITIES AUTHORITY SERIES H&I (COLUMN D) HAD A REBATE CALCULATION PERFORMED IN JANUARY OF 2007.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASS HEALTH & EDU FACILITIES AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIP57583UWRSCUSIPNum
Bond Issued2013-05-30BondIssuedDt
Issue Price$148,355,419IssuePriceAmt
PurposeNEW CONSTR & REF 2003, 2006 & 2007PurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$6,501,003RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$148,355,419TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$45,265,000RefundingEscrowAmt
Issuance Costs From Proceeds$840,287IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$67,001,789CapitalExpendituresAmt
Other Spent Proceeds$35,248,343OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2015SubstantialCompletionYr
Current RefundingYes (true)CurrentRefundingInd
Advance RefundingYes (true)AdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Use By Others0PrivateBusUseByOthersPct
Private Bus Concerning UBI0.01370PrivateBusConcerningUBIPct
Total Private Business Use0.01370TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetYes (true)RebateNotDueYetInd
Exception To RebateYes (true)ExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (8 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
KELI GAIL
OFFICERMORTGAGE ON PRIMARYYes (X)$70,000$19,812falseYes (true)Yes (true)
SARAH BOLTON
KEY EMPLOYEEMORTGAGE ON PRIMARYYes (X)$80,232$56,000falseYes (true)Yes (true)
STEPHEN KLASS
OFFICERMORTGAGE ON PRIMARYYes (X)$100,000$70,785falseYes (true)Yes (true)
JOHN MALCOLM
OFFICERMORTGAGE ON PRIMARYYes (X)$40,000$33,264falseYes (true)Yes (true)
FREDERICK PUDDESTER
OFFICERMORTGAGE ON PRIMARYYes (X)$100,000$91,014falseYes (true)Yes (true)
ADAM FALK
OFFICERMORTGAGE ON PRIMARYYes (X)$100,000$87,645falseYes (true)Yes (true)
DENISE BUELL
OFFICERMORTGAGE ON PRIMARYYes (X)$81,880$72,285falseYes (true)Yes (true)
ANGELA SCHAEFFER
OFFICERMORTGAGE ON PRIMARYYes (X)$50,000$41,069falseYes (true)Yes (true)
FieldValueIRS element (for citing)
Total Balance Due$471,874TotalBalanceDueAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$562,045NoncashContributionsRptF990Amt
Method Of Determining RevenuesAppraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$68,482NoncashContributionsRptF990Amt
Method Of Determining RevenuesAppraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution287ContributionCnt
Noncash Contributions Rpt F990$6,521,042NoncashContributionsRptF990Amt
Method Of Determining RevenuesSold at MarketMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp

Securities Miscellaneous SecuritiesMiscellaneousGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$996,001NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$535,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAppraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Form8283 Received9Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE M, PART I, COLUMN BIN COLUMN B, THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS.
FORM 990, SCHEDULE M, PART I, LINE 32BWILLIAMS COLLEGE GENERALLY USES A BROKER/AGENT TO FACILITATE THE SALE OF REAL PROPERTY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
MISSION STATEMENTFORM 990, PART I, LINE 1 AND PART III, LINE 1 WILLIAMS SEEKS TO PROVIDE THE FINEST POSSIBLE LIBERAL ARTS EDUCATION BY NURTURING IN STUDENTS THE ACADEMIC AND CIVIC VIRTUES, AND THEIR RELATED TRAITS OF CHARACTER. WILLIAMS IS COMMITTED TO THE CENTRAL ENDEAVOR OF ACADEMIC EXCELLENCE IN A COMMUNITY OF LEARNING THAT COMPRISES STUDENTS, FACULTY AND STAFF, AND DRAWS ON THE ENGAGEMENT OF ALUMNI AND PARENTS. WILLIAMS ASKS ALL ITS STUDENTS TO UNDERSTAND THAT AN EDUCATION AT WILLIAMS SHOULD NOT BE REGARDED AS A PRIVILEGE DESTINED TO CREATE FURTHER PRIVILEGE, BUT AS A PRIVILEGE THAT CREATES OPPORTUNITIES TO SERVE SOCIETY AT LARGE, AND IMPOSES THE RESPONSIBILITY TO DO SO. AT THE SAME TIME, BEING ITSELF PRIVILEGED BY ITS HISTORY AND CIRCUMSTANCES, WILLIAMS UNDERSTANDS ITS OWN RESPONSIBILITY TO CONTRIBUTE BY THOUGHT AND EXAMPLE TO THE WORLD OF HIGHER EDUCATION.
PROGRAM SERVICE ACCOMPLISHMENTSFORM 990, PART III, LINE 4A WILLIAMS IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR APPROXIMATELY 2,050 FULL-TIME UNDERGRADUATE AND 50 GRADUATE STUDENTS WHO COME FROM ALL OF THE 50 STATES AND MANY FOREIGN COUNTRIES. THE WILLIAMS CURRICULUM OFFERS STUDY IN THE HUMANITIES, THE SOCIAL SCIENCES AND THE NATURAL SCIENCES AND COMBINES A BROAD EDUCATION WITH KNOWLEDGE OF ONE FIELD IN DEPTH. THE COLLEGE OFFERS THE BACHELOR OF ARTS DEGREE AT THE UNDERGRADUATE LEVEL. IN ADDITION, MASTER OF ARTS PROGRAMS IN POLICY ECONOMICS AND HISTORY OF ART ARE OFFERED.
GOVERNING BODY AUTHORITYFORM 990, PART VI, SECTION A, LINE 1A WILLIAMS COLLEGE'S GOVERNING BODY AND GOVERNING DOCUMENTS DELEGATE AUTHORITY ON A LIMITED SCOPE TO AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE PRESIDENT OF THE COLLEGE, AND 5-7 OTHER BOARD MEMBERS SELECTED ANNUALLY BY THE CHAIR AND PRESIDENT ACTING JOINTLY.
REVIEW PROCESS FOR FORM 990FORM 990, PART VI, LINE 11A WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED FOR REVIEW BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. PWC SIGNS THE RETURN AS PAID PREPARER. A FINAL FORM 990 EXCLUDING THE NAMES OF ANONYMOUS DONORS AND THE AMOUNTS FOR CERTAIN ANONYMOUS DONORS WAS THEN DISTRIBUTED TO THE FULL BOARD BEFORE FILING WITH THE IRS.
CONFLICT OF INTERESTFORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURE FORMS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES HAVING A CONFLICT OF INTEREST ON ANY MATTER THAT COMES BEFORE THE BOARD, OR ANY COMMITTEE OF THE BOARD, FOR ACTION RECUSE THEMSELVES FROM PARTICIPATING IN THE DECISION. EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. DISCLOSURES ARE REVIEWED BY DEPARTMENT HEADS AND SENIOR STAFF. ANY EMPLOYEE WITH A CONFLICT OF INTEREST WOULD BE PRECLUDED FROM INVOLVEMENT IN DECISION MAKING OR FINANCIAL DEALINGS WITH THE ENTITY OR RELATIONSHIP GIVING RISE TO THE CONFLICT. TRUSTEES AND EMPLOYEES ARE REQUIRED TO REPORT ANY MID-YEAR CHANGES TO THE PRESIDENT'S OFFICE AND THEIR SUPERVISOR RESPECTIVELY.
DOCUMENT RETENTION POLICYFORM 990, PART VI, SECTION B, LINE 14 AS OF 6/30/16, WILLIAMS COLLEGE DID NOT HAVE AN OVERARCHING DOCUMENT RETENTION POLICY. EACH DEPARTMENT HAS A DOCUMENT RETENTION AND DESTRUCTION POLICY THAT IS APPLICABLE TO THE NATURE OF THE INFORMATION THAT IT COLLECTS.
PROCESS FOR DETERMINING COMPENSATIONFORM 990, PART VI, SECTION B, LINE 15 WILLIAMS COLLEGE ASSIGNS THE DUTY OF SETTING EXECUTIVE COMPENSATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SELECTS A SUBSET OF THE COMMITTEE TO SERVE AS AN INDEPENDENT COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT. THIS COMMITTEE CONSIDERS COMPENSATION SURVEYS, MARKET DATA AND ANALYSES. THE COMMITTEE'S DELIBERATIONS ARE NOTED. THE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. THE PRESIDENT CONSIDERS COMPENSATION SURVEYS, MARKET DATA AND ANALYSES. The President's deliberations and decisions are also documented.
PUBLIC INSPECTIONFORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST, ON THE COLLEGE WEBSITE, AND ON GUIDESTAR.ORG
GOVERNING DOCUMENTSFORM 990, PART VI, SECTION C, LINE 19 Williams College's governing documents, conflict of interest policy, and financial statements are posted on the College website.
INVESTMENT EXPENSESFORM 990, PART IX, LINES 5 AND 11F INVESTMENT EXPENSES ARE REPORTED NET WITH INVESTMENT INCOME, CONSISTENT WITH FINANCIAL STATEMENT REPORTING.
OTHER CHANGES IN NET ASSETSFORM 990, PART XI, LINE 9 LIFE INCOME PAYMENTS AND CHANGE IN PRESENT VALUE $(4,982,156) LOSS ON FINANCIAL CONTRACTS $(1,582,780) INVESTMENT INCOME ON SPLIT INTEREST AGREEMENTS $ 1,844,406 ____________ TOTAL $(4,720,530)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
WILLIAMS INN LLC
880 MAIN STREETWILLIAMSTOWNMA01267465431139HOTELMA$3,425,416$775,517WILLIAMS
WILLIAMS RENEWABLES LLC
880 MAIN STREETWILLIAMSTOWNMA01267812875267REN. ENERGYMA$0$100,000WILLIAMS
WILLIAMS RENEWABLES MANAGEMENT LLC
880 MAIN STREETWILLIAMSTOWNMA01267812960740REN. ENERGYMA$0$0WILLIAMS
SIMONDS ROAD SOLAR LLC
880 MAIN STREETWILLIAMSTOWNMA01267812975825REN. ENERGYMA$0$400,000WMS REN LLC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
STERLING & FRANCINE CLARK ART INSTITUTE
225 south streetWILLIAMSTOWNMA01267042163004ART MUSEUMMA501(C)(3)11.aWILLIAMSYes (true)
ASSOCIATED KYOTO PROGRAM INC
college hall rm 204northamptonMA01063042996114EDUCATIONMA501(C)(3)11.dNAfalse
WILLIAMS COLLEGE LAND FOUNDATION
880 main streetWILLIAMSTOWNMA01267043158500RE HOLDINGMA501(C)(2)N/AWILLIAMSYes (true)
WILLIAMS COLLEGE OXFORD PROGRAM
EDUCATION501(C)(3)11.aWILLIAMSYes (true)145 Banbury Road 0X27ANOxford, EnglandUKUKUK

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)

Primary ActivitiesPrimaryActivitiesTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndLegal Domicile StateLegalDomicileStateCd
CHARITABLE REMAINDER TRUSTS (56)
FUNDRAISINGWILLIAMSTRUSTYes (true)
POOLED INCOME FUNDS (3)
FUNDRAISINGWILLIAMSTRUSTYes (true)MA
PERPETUAL TRUSTS (1)
FUNDRAISINGWILLIAMSTRUSTYes (true)NY
OUTSIDE MANAGED CHARIT REM TRUSTS (29)
FUNDRAISINGNATRUSTYes (true)
SEE PART VII
HOLDINGWILLIAMSC CORPYes (true)UT
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
WILLIAMS COLLEGE OXFORD PROGRAM
P$1,178,699CASH
PERPETUAL TRUST
C$770,119CASH

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE R, PART IV, LINE (1), COLUMN (C)THE CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (1) ARE LEGALLY DOMICILED IN IL, MA, AND NY.
FORM 990, SCHEDULE R, PART IV, LINE (4), COLUMN (C)THE OUTSIDE MANAGED CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (4) ARE LEGALLY DOMICILED IN MA AND NY.
FORM 990, SCHEDULE R, PART IV, LINE (5), COLUMN (A)THE COLLEGE OWNS A CORPORATION WHOSE SOLE ASSET IS A PAINTING WHICH RESIDES AT THE COLLEGE'S MUSEUM.

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