2016-05-09T08:02:10-05:00 2015-06-30 350921680 CROWE HORWATH LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2014-07-01 362182171 Wheaton College WHEA 6307525970 501 College Avenue Wheaton IL 60187 Dale A Kemp VP for Finance & Treasurer 2016-02-04 true John V Woodhull P01305268 3128997000 2014 2016-08-17 19:52:53Z Dr Philip G Ryken President 501 College Avenue Wheaton IL 60187 318299048 false 2691 X www.wheaton.edu X 1860 IL Wheaton College serves Jesus Christ and advances His Kingdom through excellence in liberal arts and graduate programs that educate the whole person to build the church and benefit society worldwide. 19 18 3202 82 50215 19810 33244866 28161935 109946766 112805859 42799092 37031303 1268232 1538727 187258956 179537824 26558964 28137581 0 0 67961981 70122834 5049 45555 3869848 42574359 44193205 137100353 142499175 50158603 37038649 794346316 803722890 169366166 167045822 624980150 636677068 Wheaton College serves Jesus Christ and advances His kingdom through excellence in liberal arts and graduate programs that educate the whole person to build the church and benefit society worldwide. false false 79221486 28050489 85510997 EDUCATION AND INSTRUCTION - THE COLLEGE PROVIDES INDIVIDUALS THE OPPORTUNITY TO OBTAIN AN UNDERGRADUATE DEGREE IN 41 AREAS OF MAJOR STUDY. 10 MASTER OF ARTS DEGREES ARE OFFERED AND 2 DOCTORAL DEGREES. THERE ARE APPROXIMATELY 2,900 STUDENTS ENROLLED AT THE COLLEGE. 20870697 0 0 STUDENT SERVICES - PROGRAMS ARE PROVIDED FOR THE ENRICHMENT OF THE STUDENTS TO ALLOW THEM TO EXPERIENCE LIFE AS A CHRISTIAN COMMUNITY. WHEATON COLLEGE ATHLETICS SPONSORS 22 SPORTS FOR MALE AND FEMALE STUDENT ATHLETES. 16107330 0 19995626 AUXILIARY ENTERPRISES - THE COLLEGE PROVIDES ROOM AND BOARD FOR ALL ITS STUDENTS. THE BOOKSTORE MAKES BOOKS, STUDY GUIDES AND OTHER RELATED EDUCATIONAL MATERIALS AVAILABLE FOR THE CONVENIENCE OF THE STUDENTS. 3241294 0 8779558 ARTIST SERIES, THE COMMUNITY SCHOOL OF THE ARTS AND SUMMER SPORTS CAMPS. MINOR PROGRAMS, APPLICATION FEES, TUITION INSTALLMENT PLAN FEES, PARKING FINES, PARKING PERMITS AND LIBRARY FINES. 3241294 8779558 119440807 true true false false false true false true false true true false false false true true false true true true true false false true true false false true true true false false false false false false false false true false false false false true true true false false true 329 0 true 3202 true true true true UK false false false true true false false false true false false false false X 19 18 false false false false false false false true true false false true true true true true true true true false AK AZ CA MD WA X Judy Kaczor 6307525970 501 College Avenue Wheaton IL 60187 James Goetz Vice Chair/Director 2.00 1.00 X X 0 0 0 Steven Preston Secretary/Director 2.00 X X 0 0 0 David K Gieser Chairman/Director 2.00 X X 0 0 0 Philip G Ryken President/Director 40.00 2.00 X X 410619 0 143829 John Augustine Director/Trustee 2.00 X 0 0 0 Barbara W Anderson Director/Trustee 2.00 1.00 X 0 0 0 Gregory Waybright Director/Trustee 2.00 1.00 X 0 0 0 Darrell Bock Director/Trustee 2.00 1.00 X 0 0 0 Harold Airhart Director/Trustee 2.00 X 0 0 0 Emery Lindsay Sr Director/Trustee 2.00 1.00 X 0 0 0 George F Bennett Jr Director/Trustee 2.00 X 0 0 0 Shundrawn A Thomas Director/Trustee 2.00 X 0 0 0 Jeffrey Meyer Director/Trustee 2.00 X 0 0 0 Joseph M Stowell Director/Trustee 2.00 1.00 X 0 0 0 Jeanette L Hsieh Director/Trustee 2.00 X 0 0 0 James Plueddemann Director 2.00 X 0 0 0 Philip G Hubbard Director/Trustee 2.00 X 0 0 0 Gary W Griffin Director/Trustee 2.00 1.00 X 0 0 0 Kathryn H Vaselkiv Director/Trustee 2.00 X 0 0 0 Stanton Jones Provost 40.00 X 222673 0 115935 Paul Chelsen Vice President - Student Development 40.00 X 138090 0 39311 Dale Kemp VP for Finance/Treasurer 40.00 1.00 X 212170 0 55383 Kirk D Farney VP for Advancement and Alumni Relations 40.00 X 73794 0 9325 Dorothy Chappell Dean - Social Sciences 40.00 X 136096 0 18403 Kenneth Larson Investment Manager 40.00 X 149922 0 50795 Dave Teune Director of Gift Planning Services/ Legal Counsel 40.00 X 129834 0 32097 Michael D Wilder Dean - Conservatory/Arts 40.00 X 129005 0 41811 Gary N Larson Dean - Information/Technology 40.00 X 122532 0 28789 1724735 0 535678 42 false true false BON APPETIT ANDERSON COMMONS 421 CHASE STREET WHEATON IL 60187 FOOD SERVICE 5543603 CAPSTONE CUSTOM HOMES LLC 211 E ILLINOIS ST 1 WHEATON IL 60187 Student Housing Building 1493997 SIGALOS & ASSOCIATES LTD 915 HAWTHORN DRIVE ITASCA IL 60143 CONSTRUCTION 1090004 SPL INTEGRATED SOLUTIONS 2266 PALMER DRIVE SCHAUMBURG IL 60173 VIDEO CONFERENCING 627061 EP DOYLE AND SON LLC 1100 WHEATON OAKS COURT WHEATON IL 60187 VIDEO CONFERENCING, TELEPRESENCE SOLUTIONS 569098 23 26805 449131 812082 26873917 2701086 28161935 Tuition & Fees 611600 85510997 85510997 Auxiliary Revenue 611600 19100907 19100907 Public Service Revenues 541800 3610372 3604402 5970 Minor Program Revenues 611600 3260713 3260713 Student Insurance 900099 1322870 1322870 0 0 0 0 112805859 7801716 -171330 7973046 6247 6247 65490 65490 0 65490 65490 166706563 31368 137494866 13478 29211697 17890 29229587 199636 29029951 34120 26805 69361 -35241 -35241 0 2078238 1183519 894719 894719 Trust Company Fees 561000 607512 591573 15939 0 0 0 0 607512 179537824 114286181 50215 37039493 87092 87092 28050489 28050489 1740503 515824 942888 281791 50063468 41066674 7209497 1787297 3234642 2451224 663235 120183 11182783 8474356 2292933 415494 3901438 2956525 799956 144957 866078 603 865475 0 408555 52417 347429 8709 195242 0 195242 0 45555 45555 6303883 5712808 569201 21874 938339 530310 130976 277053 3373929 2536731 738770 98428 1214704 940741 225617 48346 7079648 5563255 1515984 409 2849713 2525162 113605 210946 405277 317129 88148 0 2163255 2020828 142427 0 10130787 9712200 337744 80843 2502803 1688487 814316 0 FEDERAL TAXES 70000 0 70000 0 STATE INCOME TAXES 24000 0 24000 0 SPECIAL PROJECTS 842018 819087 22931 0 TRAINING 375684 245014 108406 22264 4449290 3173851 969740 305699 142499175 119440807 19188520 3869848 31793756 32281417 3910228 3182978 1568418 1573391 0 0 0 8071732 8012067 659404 654072 3341196 3940863 331337808 145393475 186937664 185944333 552433401 562962122 0 2978127 2872144 2652390 2299503 794346316 803722890 8848861 8251133 4426780 4346742 0 42000000 42000000 114090525 112447947 169366166 167045822 X 269946096 266637989 204380217 214916627 150653837 155122452 624980150 636677068 794346316 803722890 X 37038649 -19984710 -5357021 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19 0 327590 0 725240 0 6052405 0 true true 0 0 X X X false 405027000 3952000 16703000 16069000 0 0 409613000 352506000 9610000 57963000 15052000 0 0 405027000 312802000 12103000 42383000 14782000 0 0 352506000 322603000 6293000 -1442000 14652000 0 0 312802000 273728000 12065000 51731000 14921000 0 0 322603000 0.269 0.376 0.355 false false 21637556 21637556 254849569 113675942 141173627 1725172 198191 1526981 50315566 31519342 18796224 2809945 2809945 185944333 OBLIGATIONS UNDER ANNUITIES, SPLIT-INTRST AGREEMENTS, OTHER TRST BENEFICIARIES 90890789 DEPOSITS 1042301 INTEREST RATE SWAP AGREEMENT 5318507 ASSET RETIREMENT OBLIGATION 2859772 REFUNDABLE U.S. GOVERNMENT GRANTS FOR STUDENT LOANS 4023545 POSTRETIREMENT BENEFITS OBLIGATION 8313033 112447947 X 132775905 -19984710 0 0 1183519 -18801191 151577096 0 27960728 27960728 179537824 121238060 0 0 0 6789374 6789374 114448686 0 28050489 28050489 142499175 Schedule D, Part III, Line 1a Collections of art - financial statement footnote The College has pieces of Art and Artifacts, various Literary Collections, which consist of Evangelistic Artifacts, Original Manuscripts, Private Papers, and Rare Books of several authors. The Art and Artifacts are not capitalized on the Consolidated Statements of Financial Position of the College. Schedule D, Part III, Line 4 Collections of art - description of collections Wheaton College maintains a collection of books and exhibits dedicated to the message and history of Evangelism in America. The books and exhibits provide resources for research and study. Schedule D, Part V, Line 4 Intended uses of endowment funds The intended use of the Endowments are for Student Scholarships and Loans, and for Operations. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The College and the Billy Graham Center have received determination letters from the Internal Revenue Service indicating they are recognized as tax-exempt organizations under Section 501 ( c )(3) of the Internal Revenue Code and, except for taxes pertaining to Unrelated Business Income, are exempt from Federal and State income taxes. The College recorded a provision for Unrelated Business income tax in the amounts of approximately $96,000 in 2015 and $84,000 in 2014. The College has no uncertain tax provisions which the College considers to be material. The College is subject to audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Bookstore Cost of Goods sold - 1183519 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships - 28050489 Fundraising direct expenses - -69361 Reclass golf marathon expense - -20400 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Change in the Value of Annuities - 4137340 Bookstore Cost of Goods sold - 1183519 Change in the value of Bond Swap - 655514 Fundraising direct expenses - 69361 Reclass golf marathon expense 76010 - 20400 Donor Advised Funds to Wheaton College - 159074 Donor Advised Funds to Other Charities - 564166 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 28050489 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY A non-discrimination policy is stated in the college newspaper as well as in all recruitment brochures. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Wheaton College students receive federal financial assistance in accordance with Title IX of the Education Amendments of 1972. Central America and the Caribbean 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 79776 East Asia and the Pacific 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 195913 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 429908 Middle East and North Africa 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 390650 North America (Canada & Mexico only) 0 0 Program Services HUMANITARIAN PROJECTS 2994 South America 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 46680 South Asia 0 0 Program Services HUMANITARIAN PROJECTS 9956 Sub-Saharan Africa 0 0 Program Services STUDY/ HUMANITARIAN PROJECTS 249755 Central America and the Caribbean 0 1 Program Services TRAINING COUNSELORS, CONDUCTING CONFERENCES 57900 Europe (Including Iceland and Greenland) 0 4 ,Program Services, BUILDING MAINTENANCE $3,247 PROPERTY VALUATION PLUS ARCHITECTURAL SERVICES $6,250 9497 Sub-Saharan Africa 0 1 Program Services TOUR GUIDE FEES 870 Middle East and North Africa 0 1 Program Services, SURVEYING SERVICES 500 0 7 0 0 0 7 1474399 0 1474399 false false true true true false X X X X X X X true Marts & Lundy 1200 Wall Street 5th Floor Lyndhurst NJ 07071 Conduct a Philanthropy Readiness Assessment false 0 35555 -35555 Lisa Wagner and Company Inc PO Box 446 Batavia IL 60510 Research likely contributors false 0 10000 -10000 0 45555 -45555 AK CO MI WA GOLF MARATHON 60925 26805 34120 0 0 0 0 0 69361 0 0 60925 26805 34120 0 0 0 0 0 69361 69361 -35241 Schedule G, Part I, Line 2b(iv) During the year the College engaged professional fundraisers to provide assistance, advice and consultations regarding the solicitation of contributions necessary to fund the College's programs. The majority of the efforts by these fundraisers were directed at conducting a readiness assessment and researching likely contributors. The College expects contributions to be generated by these endeavors in future years. true The Becket Fund for Religious Liberty 3000 K Street NW Suite 220 Washington DC 20007 521858532 501 (c )(3) 10000 0 Contribution for Canterbury Medal Dinner Child Evangelism Fellowship PO Box 348 Warrenton MO 633830348 386091187 501(c )(3) 10000 0 European HQ - Sponsor-A-National Kids Alive International 2507 Cumberland Drive Valparaiso IN 46383 311140515 501 (c )(3) 16000 0 Christian Care for Children at Risk 3 0 SCHOLARSHIPS 2085 28050489 0 Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds Grants and scholarships are awarded to students who apply for financial assistance at Wheaton College. Grant recipients are based on financial need. All funds are used for tuition and books and living expenses at Wheaton College. This process is monitored by the Financial Aid Office at the College. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants and scholarships are awarded to students who apply for financial assistance at Wheaton College. Grant recipients are based on financial need. All funds are used for tuition and books and living expenses at Wheaton College. This process is monitored by the Financial Aid Office at the College. X X true true X X X X X false true false false false false false false false Philip G Ryken President/Director 359361 0 0 0 51258 0 38300 0 105529 0 554448 0 0 0 Stanton Jones Provost 220235 0 0 0 2438 0 94320 0 21615 0 338608 0 0 0 Paul Chelsen Vice President - Student Development 137680 0 0 0 410 0 19361 0 19950 0 177401 0 0 0 Dale Kemp VP for Finance/Treasurer 209843 0 0 0 2327 0 27895 0 27488 0 267553 0 0 0 Kirk D Farney VP for Advancement and Alumni Relations 73794 0 0 0 0 0 0 0 9325 0 83119 0 0 0 Dorothy Chappell Dean - Social Sciences 133609 0 0 0 2487 0 10859 0 7544 0 154499 0 0 0 Kenneth Larson Investment Manager 149282 0 0 0 640 0 12563 0 38232 0 200717 0 0 0 Dave Teune Director of Gift Planning Services/ Legal Counsel 128493 0 0 0 1341 0 10792 0 21305 0 161931 0 0 0 Michael D Wilder Dean - Conservatory/Arts 128116 0 0 0 889 0 10607 0 31204 0 170816 0 0 0 Gary N Larson Dean - Information/Technology 121310 0 0 0 1222 0 10018 0 18771 0 151321 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The College provided tax gross up payments related to educational benefits provided to one officer during the year. Such benefits were included in taxable income for the recipient. Schedule J, Part I, Line 1a Housing allowance or residence for personal use The President of the College receives a housing allowance that is excluded from taxable income. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Wheaton College has a nonqualified 457(f) retirement plan in place that allows for certain officers to participate in the plan. The following interested person constructively received deferrals to the 457(f) plan in 2014; These deferrals are included in Schedule J, Part II, Column (c). Stanton Jones - $60,000 X 3441 Market value X 1 12600 Market value X 93 2443083 Market value X 2 170477 Market value X Horses 4 9531 Market value X Equipment 2 36548 Market value X Meeting expenses/ Entertainment 90 14666 Cost X Musical Instruments 1 6500 Market value X Meeting Supplies 59 4240 Market value 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Real estate - Residential: Reporting the number of contributions. Books and publications: Reporting the number of contributions Cars and other vehicles: Reporting the number of contributions Other: Reporting the number of contributions Securities - Publicly traded: Reporting the number of contributions Other: Reporting the number of contributions Other: Reporting the number of contributions Other: Reporting the number of contributions Other: Reporting the number of contributions Form 990, Part III, Line 4d Description of other program services (Expenses $ 3,241,294 including grants of $ 0)(Revenue $ 8,779,558) ARTIST SERIES, THE COMMUNITY SCHOOL OF THE ARTS AND SUMMER SPORTS CAMPS. MINOR PROGRAMS, APPLICATION FEES, TUITION INSTALLMENT PLAN FEES, PARKING FINES, PARKING PERMITS AND LIBRARY FINES. Form 990, Part VI, Line 11b Review of form 990 by governing body The Controller and the VP for Finance review the Form 990 with the paid tax preparer before it is filed with the IRS. After their review, it is presented to the finance committee of the Board of Trustees. All Board members receive a copy of the Form 990 prior to filing the return with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Officers, trustees and key employees are annually asked to reveal any potential conflicts of interest. Each interested person is provided a questionnaire electronically to be reviewed. The Controller reviews the questionnaires to determine if any potential conflict exists and is required to be disclosed on the Form 990. If a conflict exists, the Board member is asked to abstain from voting on the issue of which they have a conflict. There were no conflicts of interest. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Compensation Committee of the Board reviews and approves the President's compensation. The review includes outside compensation surveys, studies prepared by internal staff and an independent compensation consultant as well as Form 990's of similar educational institutions. This process is undertaken annually and documented in the meeting minutes of the Compensation Committee. Form 990, Part VI, Line 15b Process to establish compensation of other employees The Compensation Committee also reviews and approves the compensation for the VP for Finance, the VP for Student Development, the Provost and for the VP for Advancement. The reviews utilize compensation data from Form 990's of similar educational institutions. This process is undertaken annually and is documented in the meeting minutes of the Compensation Committee. Form 990, Part VI, Line 19 Required documents available to the public The College's financial statements are available on our website. Governing documents and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in the Value of Annuities - -4137340; Change in the Value of the Bond Swap - -655514; Donor Advised Funds Distributions - -564166; Rounding - -1; BILLY GRAHAM CENTER 501 COLLEGE AVENUE WHEATON IL 60187 362982217 RESEARCH IL 501(c)(3 Type I WHEATON COLLEGE true WHEATON COLLEGE ALUMNI ASSOCIATION 501 COLLEGE AVENUE WHEATON IL 60187 366127340 ALUMNI ASSOC IL 501(c)(3 Type I WHEATON COLLEGE true WHEATON COLLEGE TRUST COMPANY NA 501 COLLEGE AVENUE WHEATON IL 60187 364353420 TRUST ADMINISTRATION IL WHEATON COLLEGE C Corporation 41779 3254499 0.9964 true true false true false false false false false false false false false true true true false false false false BILLY GRAHAM CENTER C 449131 GENERAL LEDGER BILLY GRAHAM CENTER N 898207 ALLOCATION BASED ON SQUARE FOOTAGE WHEATON COLLEGE TRUST COMPANY NA A 65490 BASED ON SQUARE FOOTAGE PLUS OVERHEAD WHEATON COLLEGE TRUST COMPANY NA M 777699 MARKET VALUE OF THE TRUST ASSETS WHEATON COLLEGE TRUST COMPANY NA O 607512 ALLOCATION BASED ON THE NUMBER OF TRUSTS