GOUCHER COLLEGE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GOUCHER COLLEGE (EIN 52-0591613)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-10
IRS object ID
201611319349302376
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-10T11:15:36-07:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520591613EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GOUCHER COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOUCBusinessNameControlTxt
Phone4103376000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLynne LochtePersonNm
Person TitleVP Finance and Admin.PersonTitleTxt
Phone4103376000PhoneNum
Signature2016-05-09SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJose Antonio BowenPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityTowsonCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$127,285,327GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.goucher.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1885FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionGoucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking.ActivityOrMissionDesc
Voting Members Governing Body40VotingMembersGoverningBodyCnt
Voting Members Independent39VotingMembersIndependentCnt
Total Employee1913TotalEmployeeCnt
Total Volunteers1459TotalVolunteersCnt
Total Gross UBI$717,542TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,416,871PYContributionsGrantsAmt
CY Contributions Grants$10,265,011CYContributionsGrantsAmt
PY Program Service Revenue$74,203,562PYProgramServiceRevenueAmt
CY Program Service Revenue$78,058,658CYProgramServiceRevenueAmt
PY Investment Income$9,880,203PYInvestmentIncomeAmt
CY Investment Income$8,839,029CYInvestmentIncomeAmt
PY Other Revenue$2,277,859PYOtherRevenueAmt
CY Other Revenue$1,928,325CYOtherRevenueAmt
PY Total Revenue$95,778,495PYTotalRevenueAmt
CY Total Revenue$99,091,023CYTotalRevenueAmt
PY Grants And Similar Paid$26,540,134PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$29,501,817CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$40,413,504PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$40,167,341CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$37,250CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,674,596CYTotalFundraisingExpenseAmt
PY Other Expenses$32,165,800PYOtherExpensesAmt
CY Other Expenses$32,797,261CYOtherExpensesAmt
PY Total Expenses$99,119,438PYTotalExpensesAmt
CY Total Expenses$102,503,669CYTotalExpensesAmt
PY Revenues Less Expenses-$3,340,943PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,412,646CYRevenuesLessExpensesAmt
Total Assets BOY$393,657,064TotalAssetsBOYAmt
Total Assets EOY$387,418,902TotalAssetsEOYAmt
Total Liabilities BOY$102,470,949TotalLiabilitiesBOYAmt
Total Liabilities EOY$107,925,481TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$291,186,115NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$279,493,421NetAssetsOrFundBalancesEOYAmt
MissionGoucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$78,163,370ExpenseAmt
Grant$28,528,545GrantAmt
Revenue$71,257,054RevenueAmt
DescThe College provided an undergraduate Arts and Sciences education to 1,471 students.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,234,467ExpenseAmt
Grant$973,272GrantAmt
Revenue$6,073,340RevenueAmt
DescThe College provided a graduate education to 643 students.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$705,783ExpenseAmt
Grant$0GrantAmt
Revenue$718,049RevenueAmt
DescThe College provided credit and non-credit continuing studies course work for 776 participants.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$312,246ExpenseAmt
Grant$0GrantAmt
Revenue$397,535RevenueAmt
DescThe College provides summer programming to a variety of constituencies.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$312,246TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$397,535TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$85,415,866TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt BondsYes (1)InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3661IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1913EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryBDForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members40GoverningBodyVotingMembersCnt
Independent Voting Member39IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRonald Alex AntkowiakPersonNm
Phone4103376060PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11021 Dulaney Valley RoadAddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Bruce D Alexander
Trustee Emeritus00Yes (X)$0$0$0
Patricia K Batza-Class of 91
Trustee20Yes (X)$0$0$0
David I Bavar
Trustee20Yes (X)$0$0$0
Ethel Weber Berney - Class of 46
Trustee Emerita00Yes (X)$0$0$0
John M Bond Jr
Trustee Emeritus10Yes (X)$0$0$0
Winifred Cohn Borden-Class of 66
Trustee Emerita10Yes (X)$0$0$0
Robert R Bowie Jr
Trustee10Yes (X)$0$0$0
Melinda J Burdette-Class of 72
Trustee20Yes (X)$0$0$0
William Couper-Class of 03 Parent
Trustee30Yes (X)$0$0$0
Lynn Toby Fisher-Class of 71
Trustee40Yes (X)$0$0$0
Hilda E Ford
Trustee Emerita00Yes (X)$0$0$0
Norma Lynn Fox-Class of 76
Trustee80Yes (X)$0$0$0
Elaine K Freeman
Trustee20Yes (X)$0$0$0
Ronald E Geesey
Trustee Emeritus00Yes (X)$0$0$0
Jon Gould-Class of 2013
Trustee10Yes (X)$0$0$0
Ann Burgunder Greif-Class of 39
Trustee Emerita00Yes (X)$0$0$0
Alice Falvey Greif-Class of 51
Trustee20Yes (X)$0$0$0
Edmund F Haile
Trustee Emeritus00Yes (X)$0$0$0
Carla Diane Hayden
Trustee22Yes (X)$0$0$0
Sally M Herman-Class of 68
Trustee30Yes (X)$0$0$0
Fern Karesh Hurst-Class of 68
Trustee Emerita00Yes (X)$0$0$0
Miriam Brown Hutchins-Class of 73
Trustee20Yes (X)$0$0$0
Mary Bloom Hyman-Class of 71
Trustee Emerita20Yes (X)$0$0$0
Kathryn Allamong Jacob Class of 72
Trustee20Yes (X)$0$0$0
Miriam E Katowitz-Class of 73
Trustee40Yes (X)$0$0$0
Steven Michael Klepper-Class of 97
Trustee20Yes (X)$0$0$0
Dorothy B Krug-Class of 41
Trustee Emerita00Yes (X)$0$0$0
Florence Beck Kurdle-Class of 61
Trustee20Yes (X)$0$0$0
Ruth Shapiro Lenrow-Class of 74
Trustee40Yes (X)$0$0$0
David Richard Loevner
Trustee Emeritus10Yes (X)$0$0$0
Nancy Helen Marcus-Class of 72
Trustee30Yes (X)$0$0$0
Jennifer Margolis Marquez -Class 01
Trustee20Yes (X)$0$0$0
Rachel Martin-Class of 2014
Trustee20Yes (X)$0$0$0
Sally J Michel-Class of 60
Trustee00Yes (X)$0$0$0
Michiko Yoshida Mitarai-Class of 66
Trustee Emerita10Yes (X)$0$0$0
Percy Thomas Moore-Class of 95
Trustee20Yes (X)$0$0$0
Paul Powell-Class of 2003
Trustee20Yes (X)$0$0$0
Robert J Proutt
Trustee40Yes (X)$0$0$0
William E Pugh II-Class of 94
Trustee40Yes (X)$0$0$0
Anica Donnan Rawnsley-Class of 51
Trustee Emerita00Yes (X)$0$0$0
Russell R Reno Jr
Trustee Emeritus20Yes (X)$0$0$0
Henry A Rosenberg Jr
Trustee Emeritus00Yes (X)$0$0$0
Ralph Segall
Trustee30Yes (X)$0$0$0
Lisa Pagliaro Selz Class of 73
Trustee20Yes (X)$0$0$0
Robin Fogel Shaivitz-Class of 72
Trustee20Yes (X)$0$0$0
J Richard Thomas Sr
Trustee Emeritus00Yes (X)$0$0$0
George E Thomsen
Trustee Emeritus20Yes (X)$0$0$0
Stewart Thomsen
Trustee20Yes (X)$0$0$0
Betsy Leebron Tutelman-Class of 74
Trustee20Yes (X)$0$0$0
Theodore Venetoulis
Trustee20Yes (X)$0$0$0
Stacy Brown Vermylen Class of 73
Trustee30Yes (X)$0$0$0
Marilyn Southard Warshawsky-Class68
Trustee30Yes (X)$0$0$0
Jenna C Way Class of 12
Trustee10Yes (X)$0$0$0
Toby Wertheim-Class of 68
Trustee20Yes (X)$0$0$0
Wendy S White Class of 72
Trustee30Yes (X)$0$0$0
Jerrian Myers Wilson Class of 62
Trustee20Yes (X)$0$0$0
Margaret Messler Winslow-Classof69
Trustee20Yes (X)$0$0$0
Toni Perlman Young-Class of 67
Trustee Emerita10Yes (X)$0$0$0
Jose' Antonio Bowen
President400$167,806$0$33,545Yes (X)
Marc Roy
Provost400$187,344$0$33,545Yes (X)
Laura Burton-Graham
Executive Vice President and Legal Counsel400$127,840$0$21,123Yes (X)
William Leimbach
Vice President for Information Technology and Planning400$157,059$0$16,866Yes (X)
Margaret-Ann Radford-Wedemeyer
Vice President for Development and Alumni Affairs400$151,875$0$23,740Yes (X)
Eric Singer
Director of International Studies400$148,064$0$14,504Yes (X)
Barbara Stob
General Counsel400$139,313$0$21,057Yes (X)
George Delahunty
Faculty400$130,214$0$22,383Yes (X)
Sanford J Ungar
Past President effective 7/1/201400$405,317$0$43,150Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,614,832TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$229,913TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Bon Appetit Management Co
1021 Dulaney Valley RoadBaltimoreMD21204Food service provider$4,746,354
Ayers Saint Gross Inc
1040 Hull StreetBaltimoreMD21230Construction design services$997,834Suite 100
The Whiting-Turner Contracting Company
14900 Conference Center DriveChantillyVA20151General contracting services$377,535
Wellington Hedge Management
75 State StBostonMA02109Investment management services$324,701
University Studies Abroad Consortium
University of Nevada/Revo 0323RenoNV895570323Educational services - study abroad$270,600
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K32CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$108,430FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$2,045,618GovernmentGrantsAmt
All Other Contributions$8,110,963AllOtherContributionsAmt
Noncash Contributions$1,034,071NoncashContributionsAmt
Total Contributions$10,265,011TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Undergraduate tuition, fees, room and board611310$71,257,054$71,257,054$0$0
Graduate tuition fees room and board611310$6,083,555$6,083,555$0$0
Continuing professional education611310$718,049$718,049$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$78,058,658TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,320,334TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,320,334ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

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

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$24,514RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$16,008RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$8,506RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,506TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,506ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$26,357,689SecuritiesAmt
Other$8,203,744OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$23,919,024SecuritiesAmt
Other$4,123,714OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,438,665SecuritiesAmt
Other$4,080,030OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,518,695TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,518,695ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$86,190FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$108,430ContriRptFundraisingEventAmt
Fundraising Direct Expenses$135,558FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$49,368TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$49,368ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Facility rental531120$343,160$343,160$0$0
Summer camps611620$397,535$0$397,535$0
Pilates center611699$302,769$0$302,769$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$925,723TotalRevenueColumnAmt
Related Or Exempt Func Income$908,485RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$17,238UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,969,187OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$99,091,023TotalRevenueColumnAmt
Related Or Exempt Func Income$79,310,303RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$717,542UnrelatedBusinessRevenueAmt
Exclusion$8,798,167ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$29,501,817TotalAmt
Program Services$29,501,817ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$767,201TotalAmt
Program Services$238,202ProgramServicesAmt
Management And General$395,350ManagementAndGeneralAmt
Fundraising$133,649FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

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

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$31,658,000TotalAmt
Program Services$24,483,108ProgramServicesAmt
Management And General$5,707,185ManagementAndGeneralAmt
Fundraising$1,467,707FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,406,796TotalAmt
Program Services$1,087,963ProgramServicesAmt
Management And General$253,612ManagementAndGeneralAmt
Fundraising$65,221FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,069,860TotalAmt
Program Services$3,230,429ProgramServicesAmt
Management And General$657,181ManagementAndGeneralAmt
Fundraising$182,250FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,265,484TotalAmt
Program Services$1,752,040ProgramServicesAmt
Management And General$408,413ManagementAndGeneralAmt
Fundraising$105,031FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

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

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$187,643TotalAmt
Program Services$104,956ProgramServicesAmt
Management And General$71,027ManagementAndGeneralAmt
Fundraising$11,660FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$77,000TotalAmt
Program Services$0ProgramServicesAmt
Management And General$77,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$16,094TotalAmt
Program Services$0ProgramServicesAmt
Management And General$16,094ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$37,250TotalAmt
Fundraising$37,250FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,858,236TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,858,236ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,921,661TotalAmt
Program Services$1,085,760ProgramServicesAmt
Management And General$755,655ManagementAndGeneralAmt
Fundraising$80,246FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$424,818TotalAmt
Program Services$145,364ProgramServicesAmt
Management And General$119,402ManagementAndGeneralAmt
Fundraising$160,052FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,040,620TotalAmt
Program Services$2,015,726ProgramServicesAmt
Management And General$909,949ManagementAndGeneralAmt
Fundraising$114,945FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,076,433TotalAmt
Program Services$288,312ProgramServicesAmt
Management And General$777,097ManagementAndGeneralAmt
Fundraising$11,024FundraisingAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,287,364TotalAmt
Program Services$2,163,927ProgramServicesAmt
Management And General$1,105,723ManagementAndGeneralAmt
Fundraising$17,714FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,836,800TotalAmt
Program Services$1,687,922ProgramServicesAmt
Management And General$64,175ManagementAndGeneralAmt
Fundraising$84,703FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$601,779TotalAmt
Program Services$528,720ProgramServicesAmt
Management And General$51,245ManagementAndGeneralAmt
Fundraising$21,814FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,869,411TotalAmt
Program Services$2,869,411ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,562,746TotalAmt
Program Services$8,048,981ProgramServicesAmt
Management And General$428,137ManagementAndGeneralAmt
Fundraising$85,628FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$476,852TotalAmt
Program Services$0ProgramServicesAmt
Management And General$476,852ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Food Service Costs$4,185,529$4,185,529$0$0
Semester Abroad Expense$1,601,805$1,601,805$0$0
Miscellaneous - Food$493,616$332,640$71,122$89,854
Other - administrative$278,854$63,254$209,752$5,848

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$102,503,669TotalAmt
Program Services$85,415,866ProgramServicesAmt
Management And General$14,413,207ManagementAndGeneralAmt
Fundraising$2,674,596FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,570,652BOYAmt
EOY$15,728,810EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

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

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,446,384BOYAmt
EOY$1,351,966EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,273,856BOYAmt
EOY$1,380,402EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$2,355,005BOYAmt
EOY$2,530,341EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$368,168BOYAmt
EOY$240,737EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$222,414,302LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$92,799,378LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$134,541,488BOYAmt
EOY$129,614,924EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$167,766,924BOYAmt
EOY$171,827,263EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$58,978,738BOYAmt
EOY$53,299,353EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$477,302BOYAmt
EOY$469,900EOYAmt

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,878,547BOYAmt
EOY$10,975,206EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$393,657,064BOYAmt
EOY$387,418,902EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,321,490BOYAmt
EOY$6,802,744EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,001,952BOYAmt
EOY$2,870,800EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$80,069,078BOYAmt
EOY$85,128,929EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,078,429BOYAmt
EOY$13,123,008EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$102,470,949BOYAmt
EOY$107,925,481EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$100,668,577BOYAmt
EOY$94,559,035EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$107,216,217BOYAmt
EOY$99,985,095EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$83,301,321BOYAmt
EOY$84,949,291EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$291,186,115BOYAmt
EOY$279,493,421EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$393,657,064BOYAmt
EOY$387,418,902EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$3,412,646ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$8,605,264NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$325,216OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$5,127DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$10,967OtherActivitiesAmt
Total Lobbying Expenditures$16,094TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1FormAndLineReferenceDesc
ExplanationMembers of Goucher's senior management team, faculty, staff and a select number of students participated in the annual Independent Higher Education Day on February 18, 2015. The event was sponsored by the Maryland Independent College and University Association (MICUA), of which Goucher is a member, and brought college students and administrators from across the state to Maryland's capital for a briefing and visits with elected officials. In addition, members of Goucher's staff met with elected officials on behalf of the College. The associated compensation for these activities is reported on lines 1c through 1i. The organization paid membership dues of $7,068 to the National Association of Independent Colleges and Universities (NAICU) and $65,453 to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU set aside 7 percent of the dues paid to engage in nondeductible lobbying and political expenditures. MICUA set aside 16 percent of the dues paid to engage in nondeductible lobbying and political expenditures. Accordingly, the College has reported an amount equal to 7 percent of the NAICU dues and 16 percent of the MICUA dues paid on line 1i.ExplanationTxt

Schedule D IRS990ScheduleD

Held Works Art HeldWorksArtGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$0AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEducationOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$227,559,000BeginningYearBalanceAmt
Contributions$2,118,000ContributionsAmt
Investment Earnings Or Losses-$2,073,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,646,000GrantsOrScholarshipsAmt
Other Expenditures$7,251,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$216,707,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$197,497,000BeginningYearBalanceAmt
Contributions$3,282,000ContributionsAmt
Investment Earnings Or Losses$35,836,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,893,000GrantsOrScholarshipsAmt
Other Expenditures$6,163,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$227,559,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$183,717,000BeginningYearBalanceAmt
Contributions$4,914,000ContributionsAmt
Investment Earnings Or Losses$17,709,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,872,000GrantsOrScholarshipsAmt
Other Expenditures$5,971,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$197,497,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$188,336,000BeginningYearBalanceAmt
Contributions$3,829,000ContributionsAmt
Investment Earnings Or Losses$788,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,889,000GrantsOrScholarshipsAmt
Other Expenditures$6,347,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$183,717,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$158,375,000BeginningYearBalanceAmt
Contributions$2,071,000ContributionsAmt
Investment Earnings Or Losses$38,229,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,410,000GrantsOrScholarshipsAmt
Other Expenditures$6,929,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$188,336,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.217BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.373PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.41TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$11,682,063OtherCostOrOtherBasisAmt
Book Value$11,682,063BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$176,901,638OtherCostOrOtherBasisAmt
Depreciation$70,312,868DepreciationAmt
Book Value$106,588,770BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$32,519,000OtherCostOrOtherBasisAmt
Depreciation$22,486,510DepreciationAmt
Book Value$10,032,490BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$1,311,601OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$1,311,601BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$129,614,924TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$28,744,793BookValueAmt
Method ValuationFMethodValuationCd

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$24,554,560BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$53,299,353TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Other long-term liabilities$1,381,026
Refundable advances from the US government$2,508,780
Payables and deferred revenue under split interest agreements$1,158,541
Asset retirement obligation$2,219,285
Obligation under interest rate swap agreement$5,855,376
FieldValueIRS element (for citing)
Total Liability$13,123,008TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$70,441,135TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$0NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue-$20,062,444OtherRevenueAmt
Revenue Not Reported-$20,062,444RevenueNotReportedAmt
Revenue Subtotal$90,503,579RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included$8,587,444OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$8,587,444RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$99,091,023TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$69,793,868TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$105,408OtherExpensesIncludedAmt
Expenses Not Reported$105,408ExpensesNotReportedAmt
Expenses Subtotal$69,688,460ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,858,237InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$30,956,972OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$32,815,209ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$102,503,669TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1The College did not disclose its collection and related policies in its financial statements.
Schedule D, Part III, Line 4The College art collection is comprised of works of fine art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value, which is owned by the College and are housed in buildings on the campus grounds of Goucher College, or are loaned by the College to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings, and other artistic objects. The collection is used for scholarly research, education, and public exhibition in the furtherance of the exempt purposes of the College.
Schedule D, Part V, Line 4The endowment of Goucher College generates income to support the College both generally and in specific way designated by our generous donors. Income, allocated across approximately 700 endowment funds, supports both merit and need-based scholarships of undergraduate and graduate students; undergraduate and graduate fellowships; undergraduate and graduate internships; lectureships; the College library; and the College's general operating budget.
Schedule D, Part X, Line 1The College is qualified as a not-for-profit organization under Section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the College is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for 2015 or 2014. Management has analyzed the tax positions taken by the College, and has concluded that as of June 30, 2015 and 2014 there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the College's financial statements. The College is subject to routine audits by taxing jurisdictions; there are currently no audits in progress for any tax period.
Schedule D, Part X, Line 2The College is qualified as a not-for-profit organization under Section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the College is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for 2015 or 2014. Management has analyzed the tax positions taken by the College, and has concluded that as of June 30, 2015 and 2014 there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements. The College is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.
Schedule D, Part XI, Line 2dContra revenue of $28,868,267 related to student financial aid, $1,994,805 related to the cost of study abroad tuition, $93,900 related to student services and $2,137 of bank fees were excluded from revenue and reclassified to expense (included in Part IX). In addition, Endowment assets appropriated for expenditure of $10,896,665 were excluded from revenue.
Schedule D, Part XI, Line 4bIncludes Endowment related gains (Realized gains of $6,518,695, interest income $2,165,651, net rental income of $8,506) included in Net realized and unrealized gains (losses) on investments in the financial statements, expenses related to fundraising events of $135,558 and reclassified contra expenses of $30,150.
Schedule D, Part XII, Line 2d$135,558 of direct expenses related to a fundraising event reclassified to line 7b Fundraising and contra expense of $30,150 was reclassified to other revenue.
Schedule D, Part XII, Line 4bIncluded contra revenue of $29,261,267 related to student financial aid, $1,601,805 related to the cost of study abroad tuition and $93,900 related to the cost of student services.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3The racially nondiscriminatory policy is published in the College's academic catalogue, student handbook, and on the website.
Schedule E, Part I, Line 6The College participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity (SEOG) Program, Federal Work Study Program, Perkins Loan Program, Federal Direct Student Loans, Federal Direct Parent Loans for Undergraduate Students, Teacher Education Assistance for College and Higher Education. The College also receive grants from the Maryland State Department of Education, Maryland Higher Education Commission and the Maryland Department of General Services. In addition, the College was awarded sponsored research and other program grants funded by NASA and the US Department of Education.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$116,231
East Asia and the Pacific00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$80,550
Europe (including Iceland and Greenland)00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$581,912
Middle East and North Africa00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$8,632
North America (including Canada and Mexico, but not the United States)00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$4,254
South America00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$5,446
Sub-Saharan Africa00Program ServicesTuition, room, board and programming expenses for undergraduate students and staff studying abroad.$33,158
Central America and the Caribbean00Investments$11,386,874
FieldValueIRS element (for citing)
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Total Spent$12,217,057TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part IV, Line 1The College, through its investments in various alternative assets, transferred property to a foreign company during the tax year. However, the amount transferred to any single foreign company or percentage owned was below reporting requirements. Accordingly, the College is not required to file Form 926.
Schedule F, Part IV, Line 3The College, through its investments in various alternative assets, has interests in foreign corporations. However, the College's interest in any single foreign corporation was less than 10 percent. Accordingly, the College is not required to file Form 5471.
Schedule F, Part IV, Line 4The College, though its investments in various alternative assets and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund. In these cases, the investment manager filed Form 8621 on its investors' behalf. Accordingly, the College is not required to file Form 8621.
Schedule F, Part IV, Line 5The College, through its investment in various alternative assets, had ownership in foreign partnerships. However, the College owned less than 10 percent of any foreign partnership and it did not directly or indirectly transfer greater than $100,000 to any foreign partnership. Accordingly, the College is not required to file Form 8865.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Nancy Landrum
6112 Newport TerraceFrederickMD21701Nancy Landrum, dba Signature Marketing is tasked with development of strategies, cultivation and solicitation of both individual and grant making organizations, administrative matters and donor stewardship in support of Goucher's Prison Education Partnership.0$0$24,440-$24,440
Sherry Welch
5 Somerset RoadCatonsvilleMD21228Sherry Welch is tasked with development of strategies, cultivation and solicitation of both individual and grant making organizations, administrative matters and donor stewardship in support of Goucher's Prison Education Partnership.0$0$6,825-$6,825
Sherry Welch DBA The Welch Company
5 Somerset RoadCatonsvilleMD21228Sherry Welch dba The Welch Company is tasked with development of strategies, cultivation and solicitation of both individual and grant making organizations, administrative matters and donor stewardship in support of Goucher's Prison Education Partnership.0$0$5,985-$5,985
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$37,250TotalRetainedByContractorsAmt
Total Net To Organization-$37,250TotalNetToOrganizationAmt
Licensed StatesAKLicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesDELicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesIALicensedStatesCd
Licensed StatesIDLicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesSDLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesTXLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Alumni GalaEvent1Nm
Gross Receipts Event1$159,620GrossReceiptsEvent1Amt
Charitable Contri Event1$90,620CharitableContriEvent1Amt
Gross Revenue Event1$69,000GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$38,070RentFacilityCostsEvent1Amt
Food And Beverage Event1$55,554FoodAndBeverageEvent1Amt
Entertainment Event1$5,500EntertainmentEvent1Amt
Other Direct Expenses Event1$17,134OtherDirectExpensesEvent1Amt
Event2Golf FundraiserEvent2Nm
Gross Receipts Event2$35,000GrossReceiptsEvent2Amt
Charitable Contri Event2$17,810CharitableContriEvent2Amt
Gross Revenue Event2$17,190GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$8,500RentFacilityCostsEvent2Amt
Food And Beverage Event2$8,139FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$2,661OtherDirectExpensesEvent2Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$194,620GrossReceiptsTotalAmt
Charitable Contributions Tot$108,430CharitableContributionsTotAmt
Gross Revenue Total Events$86,190GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$0NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$46,570RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$63,693FoodAndBeverageTotalEventsAmt
Entertainment Total Events$5,500EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$19,795OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$135,558DirectExpenseSummaryEventsAmt
Net Income Summary-$49,368NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part I, Line 2b(iv)FormAndLineReferenceDesc
ExplanationThe Goucher Prison Education Partnership received cash and pledges of $274,747 during the fiscal year. The College recognizes that the development specialist had a very significant role in generating that revenue, but the College is unable to quantify the specific gross receipts allocable to the individual development specialists as fundraising was done in a collaborative environment at the direction and with the assistance of the Goucher Prison Education Partnership Director and the funds were receipted by the College.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Undergraduate and graduate student grants and scholarships made by the institution1869$0$29,178,565Cash valueTuition credits
Prizes, awards, internships and fellowships187$323,252$0Cash value

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationGoucher College's grant funds are limited to need-based and merit-based financial assistance for attendance at the College. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. As a member of the College Board and in keeping with the principles and practices of the College Scholarship Service, financial aid is awarded to properly qualified candidates on the basis of the financial need of students and their families. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) and the Profile Form of the College Scholarship Service - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements are also overseen by the Office of Student Financial Aid.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Jose' Antonio Bowen
President$157,800$0$0$0$10,006$0$10,938$0$24,870$0$203,614$0$0$0
Sanford J Ungar
Past President effective 7/1/2014$327,717$0$0$0$77,600$0$16,250$0$30,686$0$452,253$0$0$0
Marc Roy
Provost$185,886$0$0$0$1,458$0$12,420$0$22,131$0$221,895$0$0$0
William Leimbach
Vice President for Information Technology and Planning$155,657$0$0$0$1,402$0$9,940$0$7,165$0$174,164$0$0$0
Laura Burton-Graham
Executive Vice President and Legal Counsel$119,316$0$0$0$8,524$0$8,285$0$13,026$0$149,151$0$0$0
Margaret-Ann Radford-Wedemeyer
Vice President for Development and Alumni Affairs$149,529$0$0$0$2,346$0$9,469$0$14,499$0$175,843$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1aA residence and a personal automobile, along with limited personal services, are provided for the convenience of the President of the College. Personal use of the automobile is included in the President's taxable income as reported on the W-2. From time-to-time, the College paid for transportation services for the President's spouse to attend on-campus events. The College also pays membership dues for a social club used by the President.
Schedule J, Part I, Line 4Distribution from a 457(f) non-qualified plan established for the benefit of the college's outgoing president occurred during the calendar year.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MD Health and Higher Educational Facilities Authority
A520936091574218KW22012-08-30$22,315,289Refund Series 2004 Revenue Bonds originally issued Aug. 18, 2004.000
MD Health and Higher Educational Facilities Authority
B5209360912012-09-26$52,070,000Refund Series 1995, 1997, 1999, 2001 and 2007 Bonds000
MD Health and Higher Educational Facilities Authority
C5209360912012-10-18$15,000,000Renovations to the former library and existing building structures.000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$22,315,289$469,475$0$0$87,289$0$0$0$0$020050Yes (1)Yes (1)Yes (1)
B$3,500,000$0$52,070,000$0$0$0$173,610$0$0$0$0$02009Yes (1)0Yes (1)Yes (1)
C$0$0$15,000,000$0$0$0$59,001$0$0$14,941,000$0$0201300Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000000Yes (1)
B000000000Yes (1)
C000000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)00000Yes (1)Yes (1)
B0Yes (1)00Yes (1)000Yes (1)
C0Yes (1)00Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I, Column f-09/26/2012 52,070,000 MD Health and Higher Educational Facilities AuthoRefunds Series 1995 Bonds (originally issued on 6/15/95); Series 1997 Bonds (originally issued on 9/2/97); Series 1999 Bonds (originally issued on 9/23/99); Series 2001 Bonds (originally issued on 10/1/01); and Series 2007 Bonds (originally issued on 10/31/07).
Schedule K, Part III, Line 3a-08/30/2012 22,315,289 MD Health and Higher Educational Facilities AuthThe institution allocated equity to finance the cafe portion of the constructed facilities. Therefore, any management of service contracts related to the operation of the facility's cafe do not give rise to private business use since this space was not financed with proceeds of the Bonds.
Schedule K, Part IV, Line 6-08/30/2012 22,315,289 MD Health and Higher Educational Facilities AuthorTotal interest earned on the proceeds held past the temporary investment period of 30 days on 2012A was less than $10.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJoan WilterdinkPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSpouse of Key EmployeeRelationshipDescriptionTxt
Transaction$23,178TransactionAmt
TransactionTeaching wagesTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution75ContributionCnt
Noncash Contributions Rpt F990$414,998NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair market ValueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Pledges568$565,913Pledge Amount
Yes (X)Gift Annuities3$53,161NRM at date of gift
Yes (X)Horses and Equestrian5$0Policy
Yes (X)Event Hosting3$0Policy
FieldValueIRS element (for citing)
Form8283 Received5Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I, Line 32bGoucher College used the services of Signature Marketing and Sherry Welch to solicit contributions directly in support of the Goucher Prison Education Partnership.
Schedule M, Part I, Line 33The College received gifts of horses and a saddle for use in its equestrian program. Donors to the College also provided catering, decor and tent rental for Goucher events. Consistent with Goucher's policy, revenue is not recognized for these gifts.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bAfter review by the Audit and Governance Committee, the Form 990, excluding Schedule B (Contributor Information), and Form 990T were distributed electronically to the Board of Trustees on April 20, 2016 for a period of review and comment lasting 7 days. Due to the sensitive nature of the information contained therein, Schedule B was made available only to members of the Audit and Governance Committee and Executive Committee upon request. At the conclusion of the periods of comment and review, a meeting of the Audit and Governance Committee of the Board of Trustees was convened to review and revise (if necessary) the Forms 990 and 990T. The forms were approved for filing by the Audit and Governance Committee of the Board of Trustees on May 6, 2016.
Form 990, Part VI, Section B, Line 12cEvery trustee, officer, and key employee is provided a copy of the Conflict of Interest Policy each spring, and required to complete an annual disclosure form reporting any actual or potential conflicts of interest. General Counsel of the College reviews the disclosure forms and reports any disclosures to the Audit & Governance Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure, and these actions are implemented by the General Counsel. The policy directs the Committee to review and update the list of key employees, and the policy itself is reviewed on a regular basis and revised as necessary.
Form 990, Part VI, Section B, Line 15Early each fall, the College President distributes to the Board of Trustees the President's Goals and Objectives ("Goals and Objectives") for the current year. Each spring Goucher receives data from the College and University Professional Association (CUPA) on compensation of senior management at comparable institutions, including Goucher's peer group, other local colleges and prospective overlap institutions. The Vice President of Human Resources prepares this information for review by the College President and by the Compensation Committee of the Board. In addition, each spring the Chair of the Board asks Board members to supply the Board Chair and the Chair of the Compensation Committee with any comments a Board member may have on the President's performance with respect to the Goals and Objectives. After reviewing all of these materials, the Compensation Committee meets with the President to review the President's compensation recommendations for senior staff and evaluate the President's performance. The Compensation Committee's role with respect to compensation for senior staff is to determine whether any recommendation from the President includes excess benefits. The Compensation Committee then reviews with the President the President' s performance with respect to the President's Goals and Objectives, and then meets in executive session to determine its recommendation for the President's compensation. This recommendation is then considered by the Executive Committee of the Board of Trustees and final action is taken. The Compensation Committee Chair provides the General Counsel of the College with a confidential report of the deliberations of the Compensation Committee and the Executive Committee and of the Executive Committee's action. This report includes the CUPA comparability data on which the final determinations were based. This process was varied in 2014 because the College elected a new President on July 1, 2014. The President's compensation was determined and negotiated during the nationwide search and interview process for the position. The President's compensation package was compared to nationwide data for incoming presidents at private liberal arts schools and approved by the Board of Trustees.
Form 990, Part VI, Section C, Line 19The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Most College policies and the audited financial statements are also available to the public on the College website, www.goucher.edu.
Form 990, Part XI, Line 9Unrealized gain on interest rate swap agreement of $325,216

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
Pooled Income Fund (2)
1021 Dulaney Valley RoadBaltimoreMD21204AnnuityMDN/AT0
Charitable Remainder Unitrust (5)
1021 Dulaney Valley RoadBaltimoreMD21204AnnuityMDN/AT0
Charitable Remainder Unitrust (1)
1021 Dulaney Valley RoadBaltimoreMD21204AnnuityFLN/AT0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part V, Line 1sFormAndLineReferenceDesc
ExplanationCash received from Trust at termination of Trust. Amount: $103,189ExplanationTxt

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