TRUSTEES OF AMHERST COLLEGE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: TRUSTEES OF AMHERST COLLEGE (EIN 04-2103542)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-05-15
IRS object ID: 201731359349306568
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-15T09:29:55-07:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042103542	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The TRUSTEES of AMHERST COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TRUS	BusinessNameControlTxt
Phone	4135422101	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 5000 Controllers Office	AddressLine1Txt
City	Amherst	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01002	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Kevin Weinman	PersonNm
Person Title	Chief Financial Officer	PersonTitleTxt
Phone	4135422101	PhoneNum
Signature	2017-05-15	SignatureDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Carolyn Martin	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 5000	AddressLine1Txt
City	Amherst	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01002	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$648,583,959	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.amherst.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1821	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, engage the world around them, and lead principled lives of consequence. Amherst brings together the most promising students, whatever their financial need, in order to promote diversity of experience and ideas within a purposefully small residential community. Working closely with faculty, staff and administrators dedicated to intellectual freedom and the highest standards of instruction in the liberal arts, Amherst undergraduates assume substantial responsibility for undertaking inquiry and for shaping their education within and beyond the curriculum. Amherst College is committed to learning through close colloquy and to expanding the realm of knowledge through scholarly research and artistic creation at the highest level. Its graduates link learning with leadership - in service to the College, to their communities, and to the world beyond.	ActivityOrMissionDesc
Voting Members Governing Body	22	VotingMembersGoverningBodyCnt
Voting Members Independent	21	VotingMembersIndependentCnt
Total Employee	3316	TotalEmployeeCnt
Total Volunteers	3635	TotalVolunteersCnt
Total Gross UBI	-$3,735,610	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$4,799,431	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$41,713,046	PYContributionsGrantsAmt
CY Contributions Grants	$52,426,790	CYContributionsGrantsAmt
PY Program Service Revenue	$110,112,970	PYProgramServiceRevenueAmt
CY Program Service Revenue	$114,542,830	CYProgramServiceRevenueAmt
PY Investment Income	$238,997,229	PYInvestmentIncomeAmt
CY Investment Income	$158,969,370	CYInvestmentIncomeAmt
PY Other Revenue	$5,962,687	PYOtherRevenueAmt
CY Other Revenue	$3,634,564	CYOtherRevenueAmt
PY Total Revenue	$396,785,932	PYTotalRevenueAmt
CY Total Revenue	$329,573,554	CYTotalRevenueAmt
PY Grants And Similar Paid	$53,135,547	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$54,753,368	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$108,477,263	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$118,844,066	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$7,262,604	CYTotalFundraisingExpenseAmt
PY Other Expenses	$113,307,901	PYOtherExpensesAmt
CY Other Expenses	$114,198,543	CYOtherExpensesAmt
PY Total Expenses	$274,920,711	PYTotalExpensesAmt
CY Total Expenses	$287,795,977	CYTotalExpensesAmt
PY Revenues Less Expenses	$121,865,221	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$41,777,577	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,477,273,670	TotalAssetsBOYAmt
Total Assets EOY	$3,449,298,302	TotalAssetsEOYAmt
Total Liabilities BOY	$540,715,027	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$703,594,363	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,936,558,643	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,745,703,939	NetAssetsOrFundBalancesEOYAmt
Mission	Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, engage the world around them, and lead principled lives of consequence. Amherst brings together the most promising students, whatever their financial need, in order to promote diversity of experience and ideas within a purposefully small residential community. Working closely with faculty, staff and administrators dedicated to intellectual freedom and the highest standards of instruction in the liberal arts, Amherst undergraduates assume substantial responsibility for undertaking inquiry and for shaping their education within and beyond the curriculum. Amherst College is committed to learning through close colloquy and to expanding the realm of knowledge through scholarly research and artistic creation at the highest level. Its graduates link learning with leadership - in service to the College, to their communities, and to the world beyond.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$201,371,756	ExpenseAmt
Grant	$54,069,515	GrantAmt
Revenue	$115,021,863	RevenueAmt
Desc	Higher Education: Undergraduate Education, Amherst College is an undergraduate institution with an approximate student enrollment of 1,800.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$13,153,622	ExpenseAmt
Grant	$683,853	GrantAmt
Revenue	$2,760,995	RevenueAmt
Desc	4b Home to the world's largest Shakespeare collection, the Folger Shakespeare Library is a major center for scholarly research; a lively venue for performances, readings, exhibitions; and a national leader in humanities education.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$0	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$214,525,378	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	Yes (1)	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	Yes (1)	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	2623	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	3316	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	22	GoverningBodyVotingMembersCnt
Independent Voting Member	21	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Stephen Nigro	PersonNm
Phone	4135422101	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 5000 Comptrollers Office	AddressLine1Txt
City	Amherst	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01002	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Theodore W Beneski
Trustee	0	0	Yes (X)	$0	$0	$0
Rafael Campo
Trustee	0	0	Yes (X)	$0	$0	$0
Walter C Donovan
Trustee	0	0	Yes (X)	$0	$0	$0
Patrick Fitzgerald
Trustee	0	0	Yes (X)	$0	$0	$0
Susannah R Grant
Trustee	0	0	Yes (X)	$0	$0	$0
Douglas C Grissom
Trustee	0	0	Yes (X)	$0	$0	$0
Arthur W Koenig
Trustee	0	0	Yes (X)	$0	$0	$0
Simon C Krinsky
Trustee	0	0	Yes (X)	$0	$0	$0
Christopher S Lehane
Trustee	0	0	Yes (X)	$0	$0	$0
John S Middleton
Trustee	0	0	Yes (X)	$0	$0	$0
Cullen Murphy
Trustee	0	0	Yes (X)	$0	$0	$0
Andrew J Nussbaum
Trustee	0	0	Yes (X)	$0	$0	$0
Hope E Pascucci
Trustee	0	0	Yes (X)	$0	$0	$0
Dwight M Poler
Trustee	0	0	Yes (X)	$0	$0	$0
Joseph F Quinn
Trustee	0	0	Yes (X)	$0	$0	$0
Paula K Rauch
Trustee	0	0	Yes (X)	$0	$0	$0
Christine Noyer Seaver
Trustee	0	0	Yes (X)	$0	$0	$0
Julia A Segre
Trustee	0	0	Yes (X)	$0	$0	$0
David A Sutphen
Trustee	0	0	Yes (X)	$0	$0	$0
Shirley M Tilghman
Trustee	0	0	Yes (X)	$0	$0	$0
Laura J Yerkovich
Trustee	0	0	Yes (X)	$0	$0	$0
Carolyn Martin
President	40	0	Yes (X)	$443,686	$0	$281,835	Yes (X)
Stephen Nigro
Controller	40	0		$117,978	$0	$12,624	Yes (X)
Susan Pikor
Chief of Staff	40	0		$176,067	$0	$28,984	Yes (X)
Kevin Weinman
Chief Financial and Administration Officer	40	0		$286,570	$0	$53,556	Yes (X)
Michael Witmore
Folger Director	40	0		$378,238	$0	$31,903	Yes (X)
James Brassord
Chief of Campus Operations	40	0		$240,005	$0	$35,021		Yes (X)
Suzanne Coffey
Chief of Student Affairs Officer	40	0		$284,891	$0	$50,746		Yes (X)
Catherine Epstein
Dean of Faculty	40	0		$257,122	$0	$52,691		Yes (X)
Mauricia Geissler
Chief Investment Officer	40	0		$407,002	$0	$56,643		Yes (X)
Peter Mackey
Chief Communications Officer	40	0		$268,719	$0	$50,954		Yes (X)
Megan Morey
Chief Advancement Officer	40	0		$277,747	$0	$52,575		Yes (X)
Lisa Rutherford
Policy Officer and General Counsel	40	0		$287,543	$0	$53,504		Yes (X)
Austin Sarat
Associate Dean of the Faculty/Professor of Poli Sci & LJST	40	0		$335,895	$0	$56,562			Yes (X)
Gregory Call
Professor of Mathmatics	40	0		$290,324	$0	$39,469			Yes (X)
John Cheney
Associate Dean of Faculty/Professor of Geology	40	0		$245,151	$0	$48,766			Yes (X)
Stanley Rabinowitz
Professor of Russian	40	0		$228,170	$0	$31,469			Yes (X)
Gayle Barton
Former Chief Information Officer	40	0		$219,102	$0	$0			Yes (X)
Charri Boykin-East
Senior Associate Dean of Students, Former Key	40	0		$147,622	$0	$54,552				Yes (X)
Allen Hart
Professor of Psychology, Former Key	40	0		$153,642	$0	$44,710				Yes (X)
James Larimore
Former Dean of Students	40	0		$110,000	$0	$0				Yes (X)
Peter Uvin
Provost	40	0		$183,754	$0	$14,287				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,339,228	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,050,851	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	191	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line2ContractorAddress/USAddress/AddressLine2Txt
Daniel O'Connell's Sons Inc
480 Hampden Street	Holyoke	MA	01041	General contractor	$47,480,765
Payette Associates Inc
290 Congress Street 5th Flr	Boston	MA	02210	Architects	$6,836,728
Barr & Barr Inc
24 Prime Parkway 301	Natick	MA	02139	Construction management	$5,632,154
Lone Pine Capital LLC
Two Greenwhich Plaza	Greenwich	CT	06830	Investment manager	$2,820,759
The Baupost Group LLC
10 Saint Avenue	Boston	MA	02116	Investment manager	$2,783,000	Suite 1700

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	183	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$401,094	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$3,163,365	GovernmentGrantsAmt
All Other Contributions	$48,862,331	AllOtherContributionsAmt
Noncash Contributions	$3,823,538	NoncashContributionsAmt
Total Contributions	$52,426,790	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Tuition and other student fees	611310	$88,317,410	$88,317,410	$0	$0
Room and board	721000	$23,317,648	$23,317,648	$0	$0
Box office admissions	711130	$1,852,439	$1,852,439	$0	$0
The Folger Institute	611710	$337,357	$337,357	$0	$0
Folger consort	711110	$173,722	$173,722	$0	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$544,254	TotalRevenueColumnAmt
Related Or Exempt Func Income	$544,254	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$114,542,830	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32,796,930	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$4,371,060	UnrelatedBusinessRevenueAmt
Exclusion	$37,167,990	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$339,073	TotalRevenueColumnAmt
Related Or Exempt Func Income	$339,073	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,102,555	RealAmt
Personal	$0	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$876,862	RealAmt
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$225,693	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$225,693	TotalRevenueColumnAmt
Related Or Exempt Func Income	$225,693	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$444,167,611	SecuritiesAmt
Other	$0	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$317,995,171	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$126,172,440	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$126,172,440	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$171,511	UnrelatedBusinessRevenueAmt
Exclusion	$126,000,929	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$68,969	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$401,094	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$138,372	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$69,403	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	-$69,403	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Dining services	722212	$567,350	$567,350	$0	$0
Other residence hall	721000	$452,630	$452,630	$0	$0
Summer conferences	611710	$1,370,670	$929,081	$441,589	$0

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$748,551	TotalRevenueColumnAmt
Related Or Exempt Func Income	$726,201	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$22,350	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$3,139,201	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$329,573,554	TotalRevenueColumnAmt
Related Or Exempt Func Income	$117,782,858	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$3,735,610	UnrelatedBusinessRevenueAmt
Exclusion	$163,099,516	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$298,289	TotalAmt
Program Services	$298,289	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$53,937,391	TotalAmt
Program Services	$53,937,391	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$517,688	TotalAmt
Program Services	$517,688	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,125,867	TotalAmt
Program Services	$1,046,742	ProgramServicesAmt
Management And General	$2,720,237	ManagementAndGeneralAmt
Fundraising	$358,888	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$83,285,054	TotalAmt
Program Services	$70,044,821	ProgramServicesAmt
Management And General	$9,976,591	ManagementAndGeneralAmt
Fundraising	$3,263,642	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$25,504,129	TotalAmt
Program Services	$20,668,351	ProgramServicesAmt
Management And General	$3,549,771	ManagementAndGeneralAmt
Fundraising	$1,286,007	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,929,016	TotalAmt
Program Services	$4,986,451	ProgramServicesAmt
Management And General	$710,228	ManagementAndGeneralAmt
Fundraising	$232,337	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$311,847	TotalAmt
Program Services	$40,139	ProgramServicesAmt
Management And General	$271,708	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$336,557	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$336,557	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$11,920	TotalAmt
Program Services	$11,920	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$35,374,830	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$35,374,830	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,954,370	TotalAmt
Program Services	$3,764,588	ProgramServicesAmt
Management And General	$1,584,037	ManagementAndGeneralAmt
Fundraising	$605,745	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,999,669	TotalAmt
Program Services	$888,991	ProgramServicesAmt
Management And General	$968,940	ManagementAndGeneralAmt
Fundraising	$141,738	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,083,551	TotalAmt
Program Services	$2,616,618	ProgramServicesAmt
Management And General	$320,527	ManagementAndGeneralAmt
Fundraising	$146,406	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,973,726	TotalAmt
Program Services	$1,303,873	ProgramServicesAmt
Management And General	$1,667,869	ManagementAndGeneralAmt
Fundraising	$1,984	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,781,134	TotalAmt
Program Services	$8,062,035	ProgramServicesAmt
Management And General	$629,985	ManagementAndGeneralAmt
Fundraising	$89,114	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,888,922	TotalAmt
Program Services	$2,186,471	ProgramServicesAmt
Management And General	$504,288	ManagementAndGeneralAmt
Fundraising	$198,163	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,644,124	TotalAmt
Program Services	$1,306,930	ProgramServicesAmt
Management And General	$1,305,424	ManagementAndGeneralAmt
Fundraising	$31,770	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$11,573,051	TotalAmt
Program Services	$9,274,844	ProgramServicesAmt
Management And General	$1,941,285	ManagementAndGeneralAmt
Fundraising	$356,922	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,472,018	TotalAmt
Program Services	$14,424,370	ProgramServicesAmt
Management And General	$871,309	ManagementAndGeneralAmt
Fundraising	$176,339	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,366,265	TotalAmt
Program Services	$1,085,902	ProgramServicesAmt
Management And General	$204,031	ManagementAndGeneralAmt
Fundraising	$76,332	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Equipment & vehicles	$3,439,192	$2,796,401	$528,490	$114,301
Food	$4,110,979	$3,839,534	$271,445
Library books	$2,504,671	$2,504,648	$23	$0
College sponsored research	$2,257,009	$2,257,009	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,114,708	TotalAmt
Program Services	$6,661,372	ProgramServicesAmt
Management And General	$2,270,420	ManagementAndGeneralAmt
Fundraising	$182,916	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$287,795,977	TotalAmt
Program Services	$214,525,378	ProgramServicesAmt
Management And General	$66,007,995	ManagementAndGeneralAmt
Fundraising	$7,262,604	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$114,388,917	BOYAmt
EOY	$67,427,377	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$152,905,448	BOYAmt
EOY	$318,680,882	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$25,697,602	BOYAmt
EOY	$39,011,803	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,311,073	BOYAmt
EOY	$5,334,800	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$1,135,947	BOYAmt
EOY	$1,065,580	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$9,764,210	BOYAmt
EOY	$9,834,577	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$492,134	BOYAmt
EOY	$406,129	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$6,946,580	BOYAmt
EOY	$9,408,058	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$720,794,947	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$263,522,063	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$399,598,875	BOYAmt
EOY	$457,272,884	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$192,342,636	BOYAmt
EOY	$266,654,986	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,528,461,039	BOYAmt
EOY	$2,232,159,656	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,220,785	BOYAmt
EOY	$1,918,683	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$40,008,424	BOYAmt
EOY	$40,122,887	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,477,273,670	BOYAmt
EOY	$3,449,298,302	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$15,855,568	BOYAmt
EOY	$24,447,757	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$1,289,858	BOYAmt
EOY	$952,763	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,419,799	BOYAmt
EOY	$1,675,518	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$198,765,000	BOYAmt
EOY	$193,925,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$738,936	BOYAmt
EOY	$767,651	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$321,645,866	BOYAmt
EOY	$481,825,674	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$540,715,027	BOYAmt
EOY	$703,594,363	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$988,155,309	BOYAmt
EOY	$919,958,482	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,448,026,725	BOYAmt
EOY	$1,314,548,504	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$500,376,609	BOYAmt
EOY	$511,196,953	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,936,558,643	BOYAmt
EOY	$2,745,703,939	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,477,273,670	BOYAmt
EOY	$3,449,298,302	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$41,777,577	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$215,473,923	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	-$17,158,358	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$48,424,839	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$48,153,898	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$45,200,548	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$41,713,046	CurrentTaxYearMinus1YearAmt
Current Tax Year	$52,426,790	CurrentTaxYearAmt
Total	$235,919,121	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$48,424,839	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$48,153,898	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$45,200,548	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$41,713,046	CurrentTaxYearMinus1YearAmt
Current Tax Year	$52,426,790	CurrentTaxYearAmt
Total	$235,919,121	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$24,520,106	SubstantialContributorsTotAmt
Public Support Total170	$211,399,015	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$59,552,752	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$62,040,125	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$54,520,333	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,957,072	CurrentTaxYearMinus1YearAmt
Current Tax Year	$33,136,003	CurrentTaxYearAmt
Total	$241,206,285	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$477,125,406	TotalSupportAmt
Gross Receipts Rltd Activities	$522,756,555	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.44307	PublicSupportCY170Pct
Public Support PY170	0.39550	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	Yes (1)	GrantsOtherOrganizationsInd
Grants Other Organizations	$11,920	GrantsOtherOrganizationsAmt
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$0	OtherActivitiesAmt
Total Lobbying Expenditures	$11,920	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1	FormAndLineReferenceDesc
Explanation	1 The Trustees of Amherst College paid Chernikoff and Company $11,920 on behalf of the Folger Shakespeare Memorial Library for lobbying activities during its fiscal year ended June 30, 2016. In addition, Amherst College pays membership fees in various organizations that may perform a limited amount of lobbying activities such as NAICU-National Association of Independent Colleges and Universities, AICUM-Association of Independent Colleges and Universities in Massachusetts and COFHE-Consortium on Financing Higher Education.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	0	DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held	1	FundsAndOtherAccountsHeldCnt
Donor Advised Funds Contri	$0	DonorAdvisedFundsContriAmt
Funds And Other Accounts Contri	$0	FundsAndOtherAccountsContriAmt
Donor Advised Funds Grants	$0	DonorAdvisedFundsGrantsAmt
Funds And Other Accounts Grants	$0	FundsAndOtherAccountsGrantsAmt
Donor Advised Funds Vl EOY	$0	DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY	$244,573	FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (1)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,522,356,738	BeginningYearBalanceAmt
Contributions	$9,541,532	ContributionsAmt
Investment Earnings Or Losses	-$47,269,906	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$24,194,082	GrantsOrScholarshipsAmt
Other Expenditures	$88,159,138	OtherExpendituresAmt
Administrative Expenses	$37,236,214	AdministrativeExpensesAmt
End Year Balance	$2,335,038,930	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,472,706,177	BeginningYearBalanceAmt
Contributions	$10,416,616	ContributionsAmt
Investment Earnings Or Losses	$180,976,931	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$22,364,769	GrantsOrScholarshipsAmt
Other Expenditures	$83,660,765	OtherExpendituresAmt
Administrative Expenses	$35,717,452	AdministrativeExpensesAmt
End Year Balance	$2,522,356,738	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,105,519,441	BeginningYearBalanceAmt
Contributions	$34,254,078	ContributionsAmt
Investment Earnings Or Losses	$468,227,787	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$20,877,097	GrantsOrScholarshipsAmt
Other Expenditures	$70,301,497	OtherExpendituresAmt
Administrative Expenses	$44,116,535	AdministrativeExpensesAmt
End Year Balance	$2,472,706,177	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,900,875,662	BeginningYearBalanceAmt
Contributions	$39,091,783	ContributionsAmt
Investment Earnings Or Losses	$290,035,253	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$18,355,857	GrantsOrScholarshipsAmt
Other Expenditures	$65,134,459	OtherExpendituresAmt
Administrative Expenses	$40,992,941	AdministrativeExpensesAmt
End Year Balance	$2,105,519,441	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,908,682,734	BeginningYearBalanceAmt
Contributions	$39,801,634	ContributionsAmt
Investment Earnings Or Losses	$66,177,662	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,133,650	GrantsOrScholarshipsAmt
Other Expenditures	$55,245,023	OtherExpendituresAmt
Administrative Expenses	$41,407,695	AdministrativeExpensesAmt
End Year Balance	$1,900,875,662	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.26	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.73	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.01	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$8,432,348	OtherCostOrOtherBasisAmt
Book Value	$8,432,348	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$585,101,021	OtherCostOrOtherBasisAmt
Depreciation	$154,185,767	DepreciationAmt
Book Value	$430,915,254	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$0	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$105,540,999	OtherCostOrOtherBasisAmt
Depreciation	$95,646,108	DepreciationAmt
Book Value	$9,894,891	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$21,720,579	OtherCostOrOtherBasisAmt
Depreciation	$13,690,188	DepreciationAmt
Book Value	$8,030,391	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$457,272,884	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Domestic equities	$2,908,520	F
Fixed Income	$5,473,030	F
Absolute return	$810,560,126	F
Real estate & natural resources	$267,498,302	F
Other investments	$5,677,087	F
Private equities	$560,346,611	F
Global equities	$221,154,709	F
Foreign equities	$358,541,271	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,232,159,656	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
Liability for life income obligations	$36,382,865
Post retirement benefit obligation	$74,306,282
Taxable Bond	$339,812,081
Interest Swap Agreement	$20,476,476
Other liabilities	$10,847,970

Field	Value	IRS element (for citing)
Total Liability	$481,825,674	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 1	See Schedule D, Part III, Line 4.
Schedule D, Part III, Line 4	The Trustees of Amherst College does not capitalize gifts in kind of art, historical treasures or other similar assets held for public exhibition, etc. Amherst College does not capitalize the purchases of art, historical treasures or other similar assets held for public exhibition, etc. The Folger Shakespeare Memorial Library (the Library), does capitalize purchases to its collection. The text of the footnote of the financial statements that describes these items is as follows: Purchases for the Library's collections are recorded at cost. The collections are reduced by the proceeds from a sale, resulting in the recognition of no gain or loss. Sales are not significant. The Folger Shakespeare Memorial Library holds the largest and most complete collection of Shakespeareana in the world and the largest collection of English printed books from 1475 to 1640 outside of England, as well as extensive Continental Renaissance holdings. The collection spans a broad range of subjects and includes books, manuscripts, documents, paintings, illustrations, tapestries, furnishings, musical instruments, scores, and curios from the Renaissance and theater history. The collection is a source of research for scholars from all over the world and is shared with the public through extensive exhibitions. The collection is exhibited within the Folger Shakespeare Memorial Library in Washington, D.C. where the collection is maintained in secure, climate controlled storage. The Emily Dickinson Museum (part of Amherst College) consists of two historic houses, and their contents, in the center of Amherst, Massachusetts, closely associated with the poet Emily Dickinson and members of her family during the nineteenth and early twentieth centuries. The Museum is dedicated to educating diverse audiences about Emily Dickinson's life, family, creative work, times, and enduring relevance, and to preserving and interpreting the Homestead and The Evergreens as historical resources for the benefit of scholars and the general public. The College has collections housed in the Mead Art Museum and the Beneski Museum of Natural History. The Mead Art Museum exhibits selections from its diverse collection of 16,000 works including American art, Russian modernist art, French art, British portraiture, African art, Japanese art, 19th and 20th century photography, and master and modern prints and drawings. The Beneski Museum of Natural History houses research collections of vertebrate and invertebrate paleontology, minerals, anthropology and modern vertebrates, as well as numerous exhibits which illustrate the evolution and ecology of major groups of animals. The College's collections are exhibited on campus where they are maintained. The College and the Library maintain policies and procedures addressing the collections' upkeep as well as other aspects of their management, including accession and deaccession policies.
Schedule D, Part IV, Line 2b	The Trustees of Amherst College serves as the custodian of funds owned by certain student groups.
Schedule D, Part V, Line 4	The mission of the Trustees of Amherst College's endowment is to provide financial support in order that the College may provide a quality education to all admitted students as articulated in the mission statement of Amherst College. The endowment is managed for the purpose of ensuring that current and future spending requirements are supported, while also preserving the endowment fund in perpetuity. The endowment provides spendable income for such expenses of the College including financial aid, professorships, capital spending, other restricted expenses as dictated by the donor and general operating costs of the College.
Schedule D, Part X, Line 2	The institution is generally exempt from federal and state income taxes. Management performs an annual review for uncertain tax positions along with any related interest and penalties and believes that the Institution has no uncertain tax positions that would have a material adverse effect, individually or in the aggregate, upon the Institution's balance sheet or the related statement of activities or cash flows.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule E, Part I, Line 3

The following statement is in the College's annual catalog, admission application, yearly admission report sent to all secondary schools and brochure "This is Amherst" describing the College to all interested parties; "Amherst College does not discriminate in its admission or employment policies and practices on the basis of factors such as race, genetics, gender identity or gender expression, sex, sexual orientation, age, color, religion, national origin, disability, or veteran status."

Schedule E, Part I, Line 6

The Trustees of Amherst College receives federal grants for research, etc. and is a pass through entity for certain federal and state financial aid.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (23 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
North America (including Canada and Mexico, but not the United States)	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$49,529
Central America and the Caribbean	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$25,471
East Asia and the Pacific	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$185,504
Europe (including Iceland and Greenland)	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$317,198
Middle East and North Africa	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$44,150
Russia and the newly independent States	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$14,446
Sub-Saharan Africa	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$14,099
South America	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$8,898
South Asia	Program Services	Travel and related expenses for employee conferences and recruitment, faculty research and lecturers.	$9,691
Sub-Saharan Africa	Investments		$22,760,117
Central America and the Caribbean	Investments		$994,300,846
Europe (including Iceland and Greenland)	Investments		$8,309,338
Sub-Saharan Africa	Investments	Investment management fees	$544,393
Central America and the Caribbean	Investments	Investment management fees	$12,344,973
Europe (including Iceland and Greenland)	Investments	Investment management fees	$487,823
North America (including Canada and Mexico, but not the United States)	Grantmaking		$14,000
Central America and the Caribbean	Grantmaking		$1,500
East Asia and the Pacific	Grantmaking		$35,270
Europe (including Iceland and Greenland)	Grantmaking		$397,669
Middle East and North Africa	Grantmaking		$5,425
Sub-Saharan Africa	Grantmaking		$47,685
South America	Grantmaking		$8,070
South Asia	Grantmaking		$8,070

Field	Value	IRS element (for citing)
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Total Spent	$1,039,934,165	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt
Undergraduate scholarships	North America (including Canada and Mexico, but not the United States)	3	$14,000	checks
Undergraduate scholarships	Central America and the Caribbean	1	$1,500	wire transfer
Undergraduate scholarships	East Asia and the Pacific	6	$31,227	wire transfers and checks	$4,042	Housing
Undergraduate scholarships	Europe (including Iceland and Greenland)	32	$397,669	wire transfer and checks
Undergraduate scholarships	Middle East and North Africa	1	$5,425	check
Undergraduate scholarships	Sub-Saharan Africa	13	$47,685	checks
Undergraduate scholarships	South America	2	$8,070	checks
Undergraduate scholarships	South Asia	2	$8,070	checks

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule F, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the institutions governing board designed to insure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships).	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Folger Gala	Event1Nm
Gross Receipts Event1	$397,303	GrossReceiptsEvent1Amt
Charitable Contri Event1	$360,599	CharitableContriEvent1Amt
Gross Revenue Event1	$36,704	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$0	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$41,388	FoodAndBeverageEvent1Amt
Entertainment Event1	$13,850	EntertainmentEvent1Amt
Other Direct Expenses Event1	$47,216	OtherDirectExpensesEvent1Amt
Event2	Folger Aquistion Night	Event2Nm
Gross Receipts Event2	$32,385	GrossReceiptsEvent2Amt
Charitable Contri Event2	$32,385	CharitableContriEvent2Amt
Gross Revenue Event2	$0	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$0	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$0	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$5,192	FoodAndBeverageEvent2Amt
Entertainment Event2	$0	EntertainmentEvent2Amt
Other Direct Expenses Event2	$1,679	OtherDirectExpensesEvent2Amt
Other Events Total	3	OtherEventsTotalCnt
Gross Receipts Other Events	$40,375	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$8,110	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$32,265	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$0	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$0	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$9,601	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$9,169	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$10,277	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$470,063	GrossReceiptsTotalAmt
Charitable Contributions Tot	$401,094	CharitableContributionsTotAmt
Gross Revenue Total Events	$68,969	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$0	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$0	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$56,181	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$23,019	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$59,172	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$138,372	DirectExpenseSummaryEventsAmt
Net Income Summary	-$69,403	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
Amherst Business Improvement District
PO Box 339	Amherst	MA	01002	455423811	501( c)6	$17,500	Support operations
Amherst-Pelham Regional School
170 Chestnut Street	Amherst	MA	01002	046006213	government entity	$75,000	Support operations
Town of Amherst
4 Boltwood Avenue	Amherst	MA	01002	046001068	government entity	$130,000	Support town budget
New England Public Radio
131 Country Circle	Amherst	MA	01002	046103523	501( c)3	$11,543	Support of public radio
Woodside Children's Center
155 Woodside Avenue	Amherst	MA	01002	042888548	501( c)3	$1,116	Support operations	$54,855	FMV	Occupancy and expenses

Field	Value	IRS element (for citing)
Total501c3 Org	4	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Non Cash AssistanceNonCashAssistanceDesc
Amherst College undergraduate institutional scholarships	1097	$50,343,912
Undergraduate fellowships for independent research and internships	329	$865,407	$64,282	Housing
Undergraduate academic awards	101	$177,818
Graduate fellowship awards	131	$979,800
Grants awarded to highschool teachers to attend continuing educational seminars	32	$62,400
Tuition assistance to Amherst College employees and their dependents	90	$759,919
Folger Shakespeare Memorial Library fellowship awards	191	$626,403	$57,450	Housing

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the institutions governing board designed to insure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships).	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Carolyn Martin
President	$436,418	$0	$0	$0	$7,268	$0	$210,984	$0	$70,851	$0	$725,521	$0	$0	$0
Susan Pikor
Chief of Staff	$174,355	$0	$0	$0	$1,712	$0	$19,760	$0	$9,224	$0	$205,051	$0	$0	$0
Kevin Weinman
Chief Financial Officer	$285,105	$0	$0	$0	$1,466	$0	$31,129	$0	$22,426	$0	$340,126	$0	$0	$0
Michael Witmore
Folger Director	$377,293	$0	$0	$0	$945	$0	$30,153	$0	$1,750	$0	$410,141	$0	$0	$0
James Brassord
Chief of Campus Operations	$238,410	$0	$0	$0	$1,595	$0	$27,269	$0	$7,752	$0	$275,026	$0	$0	$0
Suzanne Coffey
Chief of Student Affairs	$275,095	$0	$0	$0	$9,796	$0	$30,195	$0	$20,551	$0	$335,637	$0	$0	$0
Catherine Epstein
Dean of Faculty	$256,118	$0	$0	$0	$1,004	$0	$30,165	$0	$22,526	$0	$309,813	$0	$0	$0
Mauricia Geissler
Chief Investment Officer	$405,484	$0	$0	$0	$1,518	$0	$32,257	$0	$24,386	$0	$463,645	$0	$0	$0
Peter Mackey
Chief Communications Officer	$267,268	$0	$0	$0	$1,451	$0	$30,102	$0	$20,852	$0	$319,673	$0	$0	$0
Megan Morey
Chief Advancement Officer	$277,042	$0	$0	$0	$705	$0	$30,160	$0	$22,414	$0	$330,321	$0	$0	$0
Lisa Rutherford
Legal and Admin Counsel	$276,506	$0	$10,000	$0	$1,037	$0	$30,203	$0	$23,301	$0	$341,047	$0	$0	$0
Austin Sarat
Associate Dean of the Faculty/Professor of Poli Sci & LJST	$332,059	$0	$0	$0	$3,837	$0	$30,626	$0	$25,936	$0	$392,458	$0	$0	$0
Gregory Call
Dean of the Faculty	$288,343	$0	$0	$0	$1,982	$0	$30,245	$0	$9,224	$0	$329,794	$0	$0	$0
John Cheney
Associate Dean of Faculty/Professor of Geology	$242,143	$0	$0	$0	$3,007	$0	$28,215	$0	$20,551	$0	$293,916	$0	$0	$0
Stanley Rabinowitz
Professor of Russian	$225,067	$0	$0	$0	$3,102	$0	$22,245	$0	$9,224	$0	$259,638	$0	$0	$0
Gayle Barton
Former Chief Information Officer	$219,102	$0	$0	$0	$0	$0	$0	$0	$0	$0	$219,102	$0	$0	$0
Charri Boykin-East
Senior Associate Dean of Students, Former Key	$140,049	$0	$0	$0	$7,573	$0	$16,000	$0	$38,551	$0	$202,173	$0	$0	$0
Allen Hart
Dean of Students	$152,352	$0	$0	$0	$1,290	$0	$17,985	$0	$26,725	$0	$198,352	$0	$0	$0
James Larimore
Former Dean of Students	$110,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$110,000	$0	$0	$0
Peter Uvin
Provost	$128,289	$0	$0	$0	$55,465	$0	$14,287	$0	$0	$0	$198,041	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a	The President is required to maintain a personal residence on campus as a condition of employment for the convenience of the employer. Certain personal services are provided to maintain this residence. Occasional personal services provided to the President are considered personal expenses and added to the President's taxable compensation including the value of the related tax liability. In accordance with Amherst Travel Policy, first class travel is permitted for business purposes in some circumstances. Consistent with this policy, on occasion, the President and certain staff have traveled first class. In addition, the President and other employees have traveled by charter service per the terms of a restricted gift that is specifically designated for certain travel for locations that lack direct and frequent flights. These expenses are reviewed and monitored by personnel in the Chief Financial Officer's Office. In accordance with a key employee's employment agreement, a dependent's taxable grant was added to the employee's taxable compensation including the value of the related tax liability.
Schedule J, Part I, Line 3	The College participated in an annual survey of comparable institutions which compared historic salaries and designated benefits for the chief executive. The Board of Trustees delegated to an ad hoc Committee on Compensation, consisting of independent trustees, authority to determine the compensation of the President in accordance with the Compensation Policy for Designated Individuals approved by the Board in May 2012. The Committee on Compensation reviewed the relevant survey information, conducted an annual evaluation of the President, determined the President's compensation and contemporaneously documented its decision. The Committee on Compensation shared its findings and compensation decision with the Board of Trustees.
Schedule J, Part I, Line 4	Carolyn Martin's deferred compensation contribution is $181,287.During the period disclosed, James Larimore and Gayle Barton received severance payments of $110,000 and $219,102, respectively

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
MHEFA Series H
A	042456011	57585K4R6	2003-06-26	$50,000,000	Construction	0	0	0
MHEFA Series J
B	042456011	57586CHB4	2005-06-30	$50,000,000	Construction	0	0	0
MHEFA Series K-2
C	042456011	57586EDKA	2009-01-15	$50,520,000	Construction	0	0	0
MHEFA Series I
D	042456011	57586CHB4	2005-06-30	$29,700,000	Advanced refunding of Series G	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$10,575,000	$0	$50,749,858	$0	$0	$0	$400,000	$0	$0	$50,349,858	$0	$0	2005	0	Yes (1)	Yes (1)
B	$0	$0	$50,442,362	$0	$0	$0	$609,605	$0	$0	$49,832,757	$0	$0	2007	0	Yes (1)	Yes (1)
C	$4,655,000	$0	$54,646,531	$0	$0	$0	$518,773	$0	$0	$50,127,758	$0	$0	2011	0	Yes (1)	Yes (1)
D	$2,200,000	$0	$29,700,000	$0	$0	$0	$281,717	$0	$0	$29,418,283	$0	$0	2005	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	Yes (1)	Yes (1)	0	0	0.011	0.011	0	0	Yes (1)
B	0	0	Yes (1)	Yes (1)	0	0	0.012	0.012	0	0	Yes (1)
C	0	0	0		0	0	0.01	0.01	0	0	Yes (1)

Field	Value	IRS element (for citing)
Tax Exempt Bonds Private Bus Use		TaxExemptBondsPrivateBusUseGrp

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
(no name)
A	0	0	0	Yes (1)	Yes (1)	0	0	0	Yes (1)
BofA Merrill Lynch
B	0	0	0	Yes (1)	Yes (1)	Yes (1)	0	0	Yes (1)	19	Yes (1)	0
(no name)
C	0	0	0	Yes (1)	Yes (1)	0	0	Yes (1)	Yes (1)
BofA Merrill Lynch
D	0	0	0	Yes (1)	Yes (1)	Yes (1)	0	0	Yes (1)	13	Yes (1)	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part IV, Line 2c-06/26/2003 50,000,000 MHEFA Series H	Series H most recent required rebate computation performed 6/30/2012.
Schedule K, Part IV, Line 2c-06/30/2005 50,000,000 MHEFA Series J	Series J most recent required rebate computation performed 6/30/2014.
Schedule K, Part IV, Line 2c-01/15/2009 50,520,000 MHEFA Series K 2	Series K-2 most recent required rebate computation performed 6/30/2013.
Schedule K, Part IV, Line 2c-06/30/2005 29,700,000 MHEFA Series I	Series I most recent required rebate computation performed 6/30/2014.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	MHEFA Series K-1	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	042456011	BondIssuerEIN
CUSIP	57586EDK4	CUSIPNum
Bond Issued	2009-01-15	BondIssuedDt
Issue Price	$7,580,224	IssuePriceAmt
Purpose	Refunding of Series G	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$3,335,000	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$7,580,224	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$0	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$7,580,224	CapitalExpendituresAmt
Other Spent Proceeds	$0	OtherSpentProceedsAmt
Unspent	$0	UnspentAmt
Substantial Completion	2004	SubstantialCompletionYr
Current Refunding	Yes (1)	CurrentRefundingInd
Advance Refunding	0	AdvanceRefundingInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Field	Value	IRS element (for citing)
Tax Exempt Bonds Private Bus Use		TaxExemptBondsPrivateBusUseGrp

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	0	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	Yes (1)	NoRebateDueInd
Variable Rate Issue	0	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule K, Part IV, Line 2c-01/15/2009 7,580,224 MHEFA Series K 1	FormAndLineReferenceDesc
Explanation	Series K-1 most recent required rebate computation performed 1/15/2014.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (4 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
Michael Witmore
Officer	Mortgage	Yes (X)	$1,240,000	$1,000,000	0	Yes (1)	Yes (1)
Kevin Weinman
Officer	Mortgage	Yes (X)	$30,000	$21,786	0	Yes (1)	Yes (1)
Lisa Rutherford
Key employee	Mortgage	Yes (X)	$30,000	$17,500	0	Yes (1)	Yes (1)
Peter Mackey
Key employee	Mortgage	Yes (X)	$30,000	$26,294	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$1,065,580	TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Collegiate Catalyst Fund LLC
See Schedule L Part V	$739,757	See Schedule L Part V	0
Independent Schools Compensation Co
See Schedule L Part V	$318,732	See Schedule L Part V	0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part IV	FormAndLineReferenceDesc
Explanation	(1) An officer of the College is a director of Collegiate Catalyst Fund, LLC which receives insurance premium payments from the College. (2) An officer of the College is a director and vice president of Independent Schools Compensation Corporation which receives insurance premium payments from the College.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	30	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	0	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	0	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	0	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	213	ContributionCnt
Noncash Contributions Rpt F990	$3,822,494	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1,044	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)	Piano	1	$0
Yes (X)	Athletic equipment	1	$0
Yes (X)	Theatre apparel	1	$0

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, Line 2	John Middleton and Susan Pikor are Board Members and Stephen Nigro, Kevin Weinman, James Brassord and Lisa Rutherford are officers of Amherst Inn Company.
Form 990, Part VI, Section B, Line 11b	The financial officers of the College reviewed Form 990, including all schedules with the President of the College, the Audit Committee and the Chairman of the Board of Trustees prior to filing this form. The remaining members of the Board of Trustees were provided a full copy of Form 990 prior to filing with the exception of Schedule B. In order to respect the wishes of donors that gave gifts with the assumption of remaining anonymous, the review of Schedule B was conducted by the Audit Committee and Chairman of the Board of Trustees and the President of the College.
Form 990, Part VI, Section B, Line 12c	All individuals covered by the policy complete a Conflict of Interest Disclosure Statement with the Secretary of the Board of Trustees (the "Secretary") annually. The Secretary accumulates all disclosure statements and furnishes a summary to the Conflict of Interest Review Committee. In all instances where the Conflict of Interest Review Committee determines that a conflict of interest does exist, such conflicts, and their remedy, are disclosed to the Board of Trustees at the next meeting. The Conflict of Interest Committee reports to the Board at least annually.
Form 990, Part VI, Section B, Line 14	The College has a written document retention and destruction policy that was approved by the College's senior management. Approval of this policy is not required at the full Board of Trustees level.
Form 990, Part VI, Section B, Line 15	The College participated in an annual survey of comparable institutions which compared historic salaries and designated benefits for the chief executive officer and senior administrative staff. The College's President reviewed with the Board of Trustees the relevant survey information as well as senior staff performance evaluations and discussed annual salary adjustments. The Board of Trustees delegated to an ad hoc Committee on Compensation, consisting of independent trustees, authority to determine the compensation of the President. As provided in the Compensation Policy for Designated Individuals approved by the Board in May 2012, the Committee on Compensation reviewed the relevant survey information, conducted an annual evaluation of the President, determined the President's compensation and contemporaneously documented its decision. The Committee on Compensation shared its findings and compensation decision with the Board of Trustees.
Form 990, Part VI, Section C, Line 19	The Trustees of Amherst College makes its annual financial statements available on its website and mails it to certain interested third parties. The conflict of interest policy is also available on the website.
Form 990, Part XI, Line 9	Change in net value of life income funds $436, 017, change in post retirement benefit obligation -$10,942,053, unrealized swap loss -$6,652,322.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd	Address Line2USAddress/AddressLine2Txt
Woodside Children's Center
155 Woodside Avenue	Amherst	MA	01002	042888548	children's daycare	MA	501(c)(3)	509(a)(3)III-O	N/A	Yes (1)
Amherst College Foundation Trust
JP Morgan Svcs Inc	Newark	DE	197146089	516522862	supporting organization	NY	501(c)(3)	PF	N/A	Yes (1)	PO Box 6089
Amherst College Harry Elwin Harkness class of 1898
PNC Bank NA	Pittsburgh	PA	152222705	222891327	supporting organization	PA	501(c)(3)	509(a)(3) lll-FI	N/A	Yes (1)	620 Liberty Avenue
Associated Kyoto Program Inc
Controllers Office	Northampton	MA	01063	042996114	supporting organization	MA	501(c)(3)	509(a)(3)lll	N/A	0	Smith College

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd
Amherst Inn Owner LLC
155 South Pleasant Street	Amherst	MA	01002	452737986	real estate	MA	N/A
Amherst Inn Tenant LLC
155 South Pleasant Street	Amherst	MA	01002	452738046	nonresidential rental	MA	N/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (18 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
Amherst Inn Company-DE
Amherst College	155 S Pleasant St	Amherst	MA	01002	272334296	real estate	DE	Trustees of Amherst College	C	-$145,812	$16,931,038	1	Yes (1)
Charitable Unitrusts (4)
PO Box 5000		Amherst	MA	01002		charitable trust	CA		T					N/A
Charitable Unitrusts (2)
PO Box 5000		Amherst	MA	01002		charitable trust	PA		T					N/A
Charitable Unitrust (1)
PO Box 5000		Amherst	MA	01002		charitable trust	WA		T					N/A
Charitable Annuity Trust (3)
PO Box 5000		Amherst	MA	01002		charitable trust	MA		T					N/A
Charitable Trusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	MA		T					N/A
Charitable Unitrusts (4)
PO Box 5000		Amherst	MA	01002		charitable trust	CT		T					N/A
Charitable Unitrusts (5)
PO Box 5000		Amherst	MA	01002		charitable trust	FL		T					N/A
Charitable Unitrusts (119)
PO Box 5000		Amherst	MA	01002		charitable trust	MA		T					N/A
Charitable Unitrusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	MI		T					N/A
Charitable Unitrusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	GA		T					N/A
Charitable Unitrusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	NC		T					N/A
Charitable Unitrusts (3)
PO Box 5000		Amherst	MA	01002		charitable trust	NY		T					N/A
Charitable Unitrusts (3)
PO Box		Amherst	MA	01002		charitable trust	OH		T					N/A
Charitable Unitrusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	TX		T					N/A
Charitable Unitrusts (1)
PO Box 5000		Amherst	MA	01002		charitable trust	NJ		T					N/A
Charitable Unitrusts (2)
PO Box 5000		Amherst	MA	01002		charitable trust	NJ		T					N/A
Semper Vic Partners Offshore Ltd
Gardner Russo and Gardner LLC	223 East Chestnut Street	Lancaster	PA	17602		Investments			C	$1,241,997	$102,590,335	0.7286	Yes (1)	N/A	CJ

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	Yes (1)	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (1)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (9 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt
Amherst College Foundation Trust
a-i	$685,000
Amherst College Harry Elwin Harkness class of 1898
a-i	$28,562
Amherst Inn Company-DE
a-i	$60,000
Amherst Inn Owner LLC
a-i	$125,608
Woodside Children's Center
b	$55,972
Amherst Inn Company-DE
d	$6,000,000
Amherst Inn Owner LLC
d	$4,402,475
Semper Vic Partners Offshore Ltd
f	$1,241,997
Semper Vic Partners Offshore Ltd
m	$834,890