2017-05-12T09:15:38-07:00 2016-06-30 410746749 CliftonLarsonAllen LLP 901 N Glebe Road Suite 200 Arlington VA 22203 990 2015-07-01 236002304 CORPORATION OF HAVERFORD COLLEGE CORP 6108961249 370 Lancaster Avenue Haverford PA 190411392 Mitchell L Wein SVP for Administration & Finance 6108961223 2017-05-12 1 David Trimner P00444822 5172279500 2017-05-12 2015 2021-01-29 14:40:06Z HAVERFORD COLLEGE Kim Benston President 370 Lancaster Avenue Haverford PA 19041 132587687 0 X www.haverford.edu X 1833 PA Higher Education. Haverford College is committed to providing a liberal arts education in the broadest sense. 27 26 2210 1503 436134 -9114 32967497 31941484 79932626 84300050 18649588 8826680 -6793 15830 131542918 125084044 24737450 27525440 0 0 55153180 56006004 30707 27889 5020268 41782930 39432545 121704267 122991878 9838651 2092166 677010186 656751168 147723396 150354722 529286790 506396446 Haverford College is committed to providing a liberal arts education in the broadest sense. This education, based on a rich academic curriculum at its core, is distinguished by a commitment to excellence and a concern for individual growth. Haverford has chosen to remain small and to foster a close student/faculty relationship to achieve these objectives. The College's rigorous academic program is flexible in form and content to meet the needs of individual students, and rests on the assumption that the able students who come here will use their capacities fully. Haverford's faculty is noted for its strength in both scholarship and teaching, and its members expect to transmit to students their enthusiasm and high standards. The faculty members are teaching at an undergraduate college of arts and sciences by choice, and they expect to learn, as well as to teach, in this close relationship with undergraduates. 0 0 75139773 27015357 63105964 Academic Related Expenditures including instruction (undergraduate liberal arts), academic support, financial aid and research- 1306 student FTE; 159.4 faculty FTE, 297 degreees conferred in 15/16. The majority of research awards are in the natural sciences. Federal funds support 19 grants, PA state funds support 1 grant, 23 grants are by private foundations. The College supports the balance, Financial Aid- 614 students received Haverford College grants totaling $26,213,652; 48 students received FSEOG grants totaling $141,454 , and 31 minor grants totaling $7,600; 194 students received $652,651 for internship awards 14217159 0 358046 Student Services- Dean, Registrar, Counseling, Career Development, Health Services, Athletics, Disability Services, Security and miscellaneous services. While these offices support student health, development and well-being in different ways, they all share an approach that is based on respect for student choices and a fundamental commitment to the importance of education in the decision-making process. The staff of these offices are committed to helping students achieve their potential both as individuals and as members of a community. 15635555 0 20851870 Auxiliary Enterprises (dorms, dining center, faculty housing, conference program). Haverford College is a residential institution where most of the student body lives on campus and actively participates in campus life. The dorms housed an average of 1,231 students; an average of 928 students were on the meal plan. The College provided 69 spaces for rent to the faculty to foster educational interaction with students. 510083 510083 0 Grants paid from donor advised funds to other 501(c)(3) charieties (3 charities) 510083 510083 0 105502570 1 1 0 0 0 1 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 1 2033 0 1 2210 1 1 1 1 UK 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO DC FL HI KY MA MD MI NH NJ NV NY OH OK OR SC WA WI X X Mitchell L Wein 6108961223 370 Lancaster Avenue Haverford PA 19041 Allan Rick White III Board of Managers 2 0 X 0 0 0 Garry W Jenkins Board of Managers 2 0 X 0 0 0 Charles G Beever Board of Managers 2 0 X 0 0 0 Seth P Bernstein Board of Managers 2 0 X 0 0 0 James L Boyer Board of Managers 2 0 X 0 0 0 Amy Taylor Brooks Board of Managers 2 0 X 0 0 0 Anjan K Chatterjee Board of Managers 2 0 X 0 0 0 Ginny Christensen Board of Managers 2 0 X 0 0 0 Jonathan Wood Evans Board of Managers 2 0 X 0 0 0 Christopher T Gant Board of Managers 2 0 X 0 0 0 Bruce D Gorchow Board of Managers 2 0 X 0 0 0 Sidney N Herman Board of Managers 2 0 X 0 0 0 Steven M Jaharis Board of Managers 2 0 X 0 0 0 Roger B Kafker Board of Managers 2 0 X 0 0 0 Michael B Kim Board of Managers 2 0 X 0 0 0 Ted W Love Board of Managers 2 0 X 0 0 0 William J Marsden Jr Board of Managers 2 0 X 0 0 0 Irene E McHenry Board of Managers 2 0 X 0 0 0 Jennifer Perkins Board of Managers 2 0 X 0 0 0 Henry Ritchotte Board of Managers 2 0 X 0 0 0 Shelia K Sachs Board of Managers 2 0 X 0 0 0 Ann V Satterthwaite Board of Managers 2 0 X 0 0 0 John R Taylor Board of Managers 2 0 X 0 0 0 Sarah Willie-LeBreton Board of Managers 2 0 X 0 0 0 Nancy Wolfson Board of Managers 2 0 X 0 0 0 Paul Zoidis Board of Manager 2 0 X 0 0 0 Kimberly Benston President 60 0 X X 343528 0 79640 Frances Rose M Blase Provost 60 0 X 142516 0 18671 Michael H Casel Chief Investment Officer 60 0 X 248655 0 49213 Martha Denney Dean of the College 60 0 X 160728 0 57183 Stephen Fabiani Associate CIO 60 0 X 153589 0 22815 Ann Figueredo VP for Institutional Advancement 60 0 X 233391 0 29188 Megan Fitch CIO 60 0 X 45138 0 14300 Spencer Golden Director of Enterprise Systems 60 0 X 153589 0 34051 Jess H Lord VP and Dean of Admission & Financial Aid 60 0 X 180360 0 40928 Mitchell L Wein SVP for Administration & Finance 60 0 X 333385 0 88095 Ashok Gangadean Professor 60 0 X 158064 0 34750 Linda Gerstein Professor 60 0 X 162933 0 27783 Curtis Greene Professor 60 0 X 182720 0 30179 Steven Kavanaugh Director of Gift Planning 60 0 X 149104 0 50812 Theresa Snyder Librarian of the College 60 0 X 150488 0 33882 Dan Weiss President 60 0 X 365164 0 87835 3163352 0 699325 81 1 1 0 GSM Gooding Simpson Mackes Inc 345 S Reading Road Ephrata PA 17522 Construction 845068 Schlouch Inc 132 Excelsior Drive Blandon PA 19510 Construction 798252 Art & Science Group LLC 300 East Lombard Street Suite 610 Baltimore MD 21202 Consulting and research 467556 Meyer Scherer & Rockcastle Ltd 710 South 2nd Street 8th Floor Minneapolis MN 55401 Construction 459352 Bluestone Communications PO Box 129 780C Primos Avenue Folcroft PA 19032 Telecommunication contractor 450023 27 0 0 0 0 1260098 30681386 1415080 31941484 Tuition and Fees 611310 62856836 62856836 0 0 Auxillary Ent- Dormitories/HCA 900099 10701231 10470530 0 230701 Auxillary Ent- Dining Center 900099 7855463 6075163 0 1780300 Aux Ent- Conference (Summer) Rentals 900099 1532168 0 439953 1092215 Aux Ent- College Housing 900099 750958 750958 0 0 603394 495766 0 107628 84300050 5865932 0 -3819 5869751 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1911826 7385806 6336884 0 -4425058 7385806 2960748 0 0 2960748 0 0 0 0 0 0 0 1178809 1166759 12050 12050 0 0 3780 3780 0 0 3780 125084044 80665083 436134 12041343 510083 510083 26258374 26258374 756983 756983 2761503 1154701 1203031 403771 38767723 28509908 8171561 2086254 4100799 2943315 913835 243649 7343891 5271017 1636536 436338 3032088 2176256 675680 180152 426538 1410 422128 3000 160912 160912 27889 27889 1167006 1167006 4774014 2188221 2386541 199252 66963 52453 14510 3104177 1849776 964990 289411 1139909 681149 450135 8625 2944783 1490795 1453988 1733413 1449170 112118 172125 167074 93056 59229 14789 5920873 4814297 807801 298775 7170082 6651504 378562 140016 532419 319133 213286 Reallocate Facilities & Security 0 8674119 -9056715 382596 Food Services 3977435 3530696 333498 113241 Study away program expenses 1817898 1817898 0 0 Periodicals & Subscriptions 1184676 1179036 408 5232 3144373 3129220 15153 122991878 105502570 12469040 5020268 20702140 24240257 12857570 9083984 1300019 1384183 672908 640150 0 0 0 0 532806 509441 1701008 1891063 266209771 127210940 132950512 138998831 144387998 128935745 350771988 342806915 1520374 1259904 0 0 9612863 7000695 677010186 656751168 5147607 6299533 0 0 2480189 3357788 122965582 122800399 0 0 0 17130018 17897002 147723396 150354722 X 125358806 139585872 182114737 134471157 221813247 232339417 529286790 506396446 677010186 656751168 X 2092166 -24083964 0 0 2797368 -3695914 X 0 1 X 1 1 1 X 27799243 24840617 25780071 32967497 31941484 143328912 27799243 24840617 25780071 32967497 31941484 143328912 23656703 119672209 7214004 10426141 7180647 10515172 10259404 45595368 310555 2312765 2623320 191547600 368059281 0.62476 0.631 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 500000 10083 155974 284029 1 1 199316 4703720 0 0 X X X 0 1 712568 790273 712568 790273 0 483411952 16591492 -18222620 5115752 13081280 1167006 462416786 488089129 10976795 1743301 4942593 10420855 2033825 483411952 433261211 11132379 68880679 4623743 17528133 3033264 488089129 387446075 11644882 57977592 4466071 17467422 1873845 433261211 402729669 8035649 510412 4057851 16970936 2800868 387446075 0.254 0.492 0.254 0 0 0 6037628 6037628 0 214779436 98478767 116300669 0 0 0 0 0 28501532 21189467 7312065 0 16891175 7542706 9348469 138998831 Equity and Fixed Income Funds 207811042 F Private Equity 41558951 F Hedge and Real Estate Funds 93436922 F 342806915 0 Interest Rate Swap 12426404 Planned Giving Liabilities 4086521 Government Advances for Student Loans 178239 Refundable advance 484977 Asbestos (ARO) liability 720861 17897002 X 71205991 -24083964 0 0 -29699472 -53783436 124989427 1167006 -1072389 94617 125084044 96897341 0 0 0 1435175 1435175 95462166 1167006 26362706 27529712 122991878 Schedule D, Part III, Line 4 Special collections of art and historical treasures serve to advance scholarship and to further teaching, research and service. Special collections range from Quaker collections to College archives to rare manuscripts to fine art assets. The Quaker collection consists of manuscripts as well as numerous photographs, artworks, artifacts, furniture and films. The College archives include American and English literature, history, and politics. Today, the collections of fine art encompasses three areas: material in support of the College curricula, material that documents the College's history, and material that documents the history of Quakerism. Schedule D, Part IV, Line 1b The College is trustee of the William Maul Measey Trust. The College is entitled to 60% of the gross income of the Trust and includes 60% of the Trust assets in its financial statements and Form 990. The remaining 40% of the gross income is distributed to secondary schools for student financial aid. As of June 30, 2016, 40% of the Trust assets (FMV) was $38,022,453. The 40% of Trust income distributed to the schools is reported in Part IV, line 1e. The secondary schools that currently receive Trust income are George School, Westtown School, Scattergood Friends and Olney Friends School. Schedule D, Part V, Line 4 The College spends a prudent amount of its endowment income annually to support the educational mission of the College in accordance with donor restrictions and internal designations. In 2016, College Administration completed a comprehensive review of net asset balances and restrictions, including donor documentation for gifts and endowments to confirm or adjust restrictions. This review, completed in early December 2016, identified certain errors occurring over a number of prior years, resulting in the College restating the June 30, 2015 audited financials statements and restating the endowment rollforward shown in Part V line 1 above. Schedule D, Part X, Line 2 The College evaluates how uncertain tax positions taken or expected to be taken in a tax return should be recognized, measured, presented and disclosed in the financial statements. No adjustments to the financial statements were required as a result of the evaluation. The College will continue to monitor and evaluate its unrelated business income activity. Schedule D, Part XI, Line 2d Changes in contributions receivable $(3,561,265); Federal indirect cost recovery $224,499; Financial Aid $(26,362,706) Schedule D, Part XI, Line 4b Bookstore expenses $(1,166,759); Bookstore rent $(54,000); Related org (UK Foundation) income $148,370 Schedule D, Part XII, Line 2d Federal indirect cost recovery $224,499; , Grants paid to Donor Advised Funds $(10,083); Bookstore expenditures $1,166,759 and Bookstore internal rent $54,000 Schedule D, Part XII, Line 4b Financial aid $26,362,706 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Such a policy is published in our catalog and other admissions literature. Also, the policy is published in newspapers or the internet when advertising for employment. Schedule E, Part I, Line 6 Federal Work Study (FWS) $105,031; Federal Supplemental Opportunity Grant (FSEOG) $116,698; Pell Grant $962,094; PHEAA- FWS match $9,209; PHEAA Institutional Assistance Grant (IAG) $27,720 1 North America (including Canada and Mexico, but not the United States) 0 0 Investments Endowment foreign passive investments 6886464 Central America and the Caribbean 0 0 Investments Endowment foreign passive investments 43885607 Europe (including Iceland and Greenland) 0 0 Program Services Study abroad program fees 386340 Europe (including Iceland and Greenland) 0 0 Fundraising Employee travel to meet with alumni who can help further long-term and mutually enriching relationships 15808 Europe (including Iceland and Greenland) 0 0 Program Services Scholarships to international students 298158 Sub-Saharan Africa 0 0 Program Services Scholarships to international students 253540 South Asia 0 0 Program Services Scholarships to international students 118096 East Asia and the Pacific 0 0 Program Services Scholarships to international students 78121 Russia and the newly independent States 0 0 Program Services Scholarships to International Students 9068 0 0 51931202 Scholarships to international students Europe (including Iceland and Greenland) 6 298158 Cash payment 0 FMV Scholarships to international students Sub-Saharan Africa 4 253540 Cash payments 0 FMV Scholarships to international students South Asia 2 118096 Cash payment 0 FMV Scholarships to international students East Asia and the Pacific 2 78121 Cash payment 0 FMV Scholarship to international students Russia and the newly independent States 1 9068 Cash Payment 0 FMV 1 0 0 0 1 0 Schedule F, Part I, Line 2 The procedures to monitor College scholarships (grant aid) awarded to nonresident aliens are the same procedures as scholarships awarded to the citizens of the United States. Haverford College scholarships are based solely on need. The College does not award any grants based upon merit. Applicants can be asked to file the College Board Profile and the FAFSA. If eligible for federal aid, parent and student personal and business tax returns must also be provided. Supplements for businesses and forms for non-custodial parents may also be required based on circumstances. Students may appeal the award decisions to the Financial Aid Committee made up of the Vice President and Dean of Admission and Financial Aid, the Dean of the College, and the Senior Vice President for Administration and Finance. Haverford scholarships are credited directly to the student's account for tuition, room, board, fees and other billed charges. X X X X X X 1 Plus Delta Partners 6965 El Camino Real STE 105-488 Carlsbad CA 92009 Campaign Consultant 0 0 27889 -27889 0 27889 -27889 AL AR AZ CA CO CT DC FL GA HI KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV Schedule G, Part I, Line 2b Plus Delta Partners provided professional fundraising consulting services for and on behalf of the College. They did not engage in any direct solicitations of contributions for and on behalf of the College and therefore have no custody or control on any College contribution. 1 Stanford University Tresidder Memorial Union 2nd Floor 459 Lagunita Dr Suite 7 Stanford CA 94305 941156365 501c3 500000 0 FMV General Support pursuant to the terms of a donor advised fund agreement Germantown Friends School 31 West Coulter Street Philadelphia PA 19144 231352640 501c3 5042 FMV General support pursuant to the terms of a donor advised fund agreement Bryn Mawr Hospital 130 South Bryn Mawr Ave Bryn Mawr PA 19010 232179020 501c3 5041 FMV General support pursuant to the terms of a donor advised fund agreement 3 0 Scholarships for Haverford College students 599 25456669 FSEOG grants for Haverford College students 48 141454 Internships for Haverford College students 194 652651 Magill-Rhoads scholarships 30 3000 Beckman Scholarship 1 4600 Schedule I, Part I, Line 2 Haverford College scholarships are based solely on need. The College does not award any grant aid based on merit. Applicants can be asked to file the College Board Profile and the FAFSA. If eligible for federal aid, parent and student personal and business tax returns must be provided. Supplements for businesses and forms for non-custodial parents may also be required based on circumstances. students may appeal award decisions to the Financial Aid committee made up of the Vice President and Dean of Admission and Financial Aid, the Dean of the College and the Senior Vice President for Administration and Finance. Haverford scholarships are credited directly to the student's account for tuition, room, board, fees and other billed charges. Supplemental Education Opportunity Grants (SEOG) are awarded based on family contribution. Eligibility is determined by the FAFSA and regulations determined by the U.S. Department of Education. Per the Department of Education regulations, students who receive Pell grants must be provided FSEOG funds first. If the student is selected to receive these awards other verfication forms may be required including the Verification Statement, parent and student tax returns, and non-tax filer statements. FSEOG awards are credited directly to the student's account for tuition, room, board and other billed charges. FSEOG awards are audited annually by the College's outside auditors in conjunction with the A-133 federal funds audit. Student internships are awarded through an application and committee review process. The internship awards are paid directly to the student for travel, room, board and other fees. This assistance enables the students to engage in unpaid internships in a variety of domestic and international locations. Some of the areas of study include Humanities, Sciences, Global Citizenship and Entrepreneurship. X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Kimberly Benston President 343528 0 0 0 0 0 35833 0 43807 0 423168 0 0 0 Frances Rose M Blase Provost 142516 0 0 0 0 0 15347 0 3324 0 161187 0 0 0 Michael H Casel Chief Investment Officer 248655 0 0 0 0 0 27352 0 21861 0 297868 0 0 0 Martha Denney Dean of the College 160728 0 0 0 0 0 17680 0 39503 0 217911 0 0 0 Stephen Fabiani Associate CIO 153589 0 0 0 0 0 13265 0 9550 0 176404 0 0 0 Ann Figueredo VP for Institutional Advancement 233391 0 0 0 0 0 25508 0 3680 0 262579 0 0 0 Megan Fitch CIO 45138 0 0 0 0 0 4965 0 9335 0 59438 0 0 0 Spencer Golden Director of Enterprise Systems 153589 0 0 0 0 0 13265 0 20786 0 187640 0 0 0 Jess H Lord VP and Dean of Admission & Financial Aid 180360 0 0 0 0 0 19840 0 21088 0 221288 0 0 0 Mitchell L Wein SVP for Administration & Finance 333385 0 0 0 0 0 36122 0 51973 0 421480 0 0 0 Dan Weiss President 365164 0 0 0 0 0 36621 0 51214 0 452999 0 0 0 Ashok Gangadean Professor 158064 0 0 0 0 0 17387 0 17363 0 192814 0 0 0 Linda Gerstein Professor 162933 0 0 0 0 0 17923 0 9860 0 190716 0 0 0 Curtis Greene Professor 182720 0 0 0 0 0 20099 0 10080 0 212899 0 0 0 Steven Kavanaugh Director of Gift Planning 149104 0 0 0 0 0 16401 0 34411 0 199916 0 0 0 Theresa Snyder Librarian of the College 150488 0 0 0 0 0 16554 0 17328 0 184370 0 0 0 Schedule J, Part I, Line 1a Schedule J, Part I, Line 1a - Housing Allowance or Residence for Personal Use: President Benston resides on campus free of rent. Dean of the College, Martha Denney, resides on the College's campus at a subsidized rent. Personal services- Maid: Cleaning of the personal space in the President's house was done by a college employee but the amount was included as taxable income on his W-2. President Benston received gross up payments for the taxable portions of housekeeping and auto use. Social Club Dues: Dues for the Yale and University Clubs, both located in New York City, are considered a working condition fringe as President Benston used them for business purposes. Schedule J, Part I, Line 4 President Daniel Weiss $3,735 A Delaware County Authority 231973437 246003LH8 2008-05-08 61050987 Capital improvements to College facilities and redemption 2003 0 0 0 B Delaware County Authority 231973437 246003LX3 2010-04-29 44944290 New dorm and partial refund 2008 Bonds 0 0 0 C Delaware County Authority 231973437 246003MG9 2010-11-15 45929465 Refund 2000 bonds 0 0 0 A 31400945 0 61050987 0 0 0 651393 0 0 6725430 53674163 0 2009 1 0 1 1 B 690793 0 44944290 0 1533228 0 531618 0 0 13879444 29000000 0 2012 1 0 1 1 C 715030 0 45929465 0 0 0 454538 0 24927 0 45450000 0 2011 1 0 1 1 A 0 0 0 0 0.0 0 0.0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 1 1 1 0 0 0 0 1 A 1 B 1 C 1 Schedule K, Part IV, Line 2c-11/15/2010 45,929,465 Delaware County Authority NA Michael Casel Officer Home mortgage X 300000 282996 0 0 1 Michael Kiefer Former Officer Home Mortgage X 500000 357154 0 0 1 640150 Deutsche Bank Group Henry Richotte '85, Board Member, is an officer and director of DB 1730115 Interest on financial derivatives 0 Susan Benston Spouse of officer and faculty member 13549 Employee compensation 0 X 5 185004 FMV X 14312 FMV X 146 1167314 FMV X Steinway Piano 1 43000 Replacement Cost X Tickets 1 5450 Cost or Selling Price 3 0 1 0 Form 990, Part VI, Section A, Line 6 The Corporation of Haverford College has one class of members who may include any member of the Religious Society of Friends, anyone who has served as President of the College or as a member of the Board of Managers for at least six consecutive years. In addition, the President of the College, the Clerk, the Assistant Clerk, and the Secretary of the Corporation, and four members of the Board of Managers nominated by the Board of Managers shall be members of the Corporation so long as they hold such positions. The Corporation may permit, in exceptional cases, persons not members of a monthly meeting yet grounded in the faith and practice of Friends to be treated as members of the Religious Society of Friends. Form 990, Part VI, Section A, Line 7a The Corporation formally elects members of the Board, including those nominated by the Corporation, by the Board and by the Alumni Association. The Corporation makes any amendments to the bylaws. The Corporation seeks, by advice and example, to strengthen and enrich Haverford's Quarker heritage. The Board has responsibility for all aspects of the operation and management of the College. Form 990, Part VI, Section B, Line 11b The College provides the Form 990 to the Audit Committee of the Board for review and discussion prior to its further dissemination to the Board. The Form 990 is made available to the full Board of Managers prior to its filing. Consistent with the College's long standing commitment to honor the requests from donors that wish to philanthropically support the College anonymously, Schedule B is redacted, with names and addresses excluded, prior to distribution to the Audit Committee and to the full Board. However, two Board members (the Chair of the Audit Committee and the Chair of the Nominations and Governance Committee) plus three College Officers (the President, the Vice President of Institutional Advancement, and the Senior Vice President) will receive the entire Form 990, including an unredacted Schedule B and thereby see the complete Form 990, including all schedules. Form 990, Part VI, Section B, Line 12c Each year a conflict of interest questionaire is handed out and sent electronically to Board members, officers and key employees. The President's Office tracks and ensure compliance with completing and submitting the Conflict of Interest questionaire. Form 990, Part VI, Section B, Line 15 The President's compensation is determined after an annual review by the Board's Committee on Presidential Compensation and Review. The review along with private college executive compensation surveys help determine the President's salary. The President reports to the Board Committee information regarding the annual process for determining the compensation of other officers (Senior Vice President for Administration and Finance, Vice President for Institutional Advancement, Provost, Dean of the College, Vice President and Dean of Admission and Financial Aid, Chief Information Officer and Chief Investment Officer). The Presidential Review Committee reports on both of these procedures to the Board in executive session. Form 990, Part VI, Section C, Line 19 The College's financial statements and Conflict of Interest Policy are available to the general public through our website, Guidestar's website, and upon request. Currently the College does not publish governing documents; however, these are available upon request. Form 990, Part XI, Line 8 In 2016, College Administration completed a comprehensive review of accumulated depreciation as well as net asset balances and restrictions, including donor documentation for gifts and endowments to confirm or adjust restrictions. This review, completed in early December 2016, identified certain errors occurring over a number of prior years, resulting in the College restating the June 30, 2015 audited financial statements. The total restatement of the balance sheet is an increase of $2,797,368. Form 990, Part XI, Line 9 Change in contributions receivable $(3,561,265); Grants paid from donor advised fund $10,083; Related org, UK Fdn, income $(148,370); and EOY assets $3,638 Haverford College Foundation (UK) Limited 19 Norcott Road London UK N167EJ 236002304 Fundraising UK 148370 4408 The Corporation of Haverford College The William Maul Measey Trust c/o Haverford College 370 Lancaster Avenue Haverford PA 19041 236002304 Charitable Trust PA 1185410 57034000 The Corporation of Haverford College