WILLIAMS COLLEGE: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: WILLIAMS COLLEGE (EIN 04-2104847)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-05-15
IRS object ID: 201501359349302875
Schema version: 2013v4.0
Source: Download XML · Original 990 at ProPublica

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

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-05-15T10:06:34-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	125 High Street	AddressLine1
City	Boston	City
State	MA	State
ZIP Code	02110	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042104847	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
In Care Of	% SUSAN HOGAN	InCareOfNm
Business Name Control	WILL	BusinessNameControlTxt
Phone	4135974412	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	HOPKINS HALL PO BOX 67	AddressLine1
Address Line2	Suite	AddressLine2
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	FREDERICK W PUDDESTER	PersonNm
Person Title	VP FINANCE & ADMIN TREASURER	PersonTitleTxt
Phone	4135974412	PhoneNum
Signature	2015-05-09	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GWEN SPENCER	PreparerPersonNm
PTIN	P00641463	PTIN
Phone	4135974412	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ADAM F FALK	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	HOPKINS HALL PO BOX 67	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$340,765,658	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.williams.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1793	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	24	VotingMembersGoverningBodyCnt
Voting Members Independent	23	VotingMembersIndependentCnt
Total Employee	3474	TotalEmployeeCnt
Total Volunteers	3782	TotalVolunteersCnt
Total Gross UBI	$174,078	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$680,799	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$47,342,033	PYContributionsGrantsAmt
CY Contributions Grants	$59,651,639	CYContributionsGrantsAmt
PY Program Service Revenue	$120,117,174	PYProgramServiceRevenueAmt
CY Program Service Revenue	$125,699,125	CYProgramServiceRevenueAmt
PY Investment Income	$125,003,447	PYInvestmentIncomeAmt
CY Investment Income	$153,647,820	CYInvestmentIncomeAmt
PY Other Revenue	$1,812,389	PYOtherRevenueAmt
CY Other Revenue	$1,767,074	CYOtherRevenueAmt
PY Total Revenue	$294,275,043	PYTotalRevenueAmt
CY Total Revenue	$340,765,658	CYTotalRevenueAmt
PY Grants And Similar Paid	$47,007,769	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$46,847,645	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$109,019,518	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$118,650,267	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$8,602,286	CYTotalFundraisingExpenseAmt
PY Other Expenses	$74,942,906	PYOtherExpensesAmt
CY Other Expenses	$79,581,221	CYOtherExpensesAmt
PY Total Expenses	$230,970,193	PYTotalExpensesAmt
CY Total Expenses	$245,079,133	CYTotalExpensesAmt
PY Revenues Less Expenses	$63,304,850	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$95,686,525	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,623,660,870	TotalAssetsBOYAmt
Total Assets EOY	$2,911,046,966	TotalAssetsEOYAmt
Total Liabilities BOY	$467,528,867	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$473,308,719	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,156,132,003	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,437,738,247	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$208,988,961	ExpenseAmt
Grant	$46,847,645	GrantAmt
Revenue	$125,699,125	RevenueAmt
Desc	SEE SCHEDULE O	Desc
Total Program Service Expenses	$208,988,961	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (true)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	3484	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3474	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	UK	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	24	GoverningBodyVotingMembersCnt
Independent Voting Member	23	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd
Other	Yes (X)	OtherInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SUSAN HOGAN	PersonNm
Phone	4135974204	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 67	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ELIZABETH A ANDERSEN
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
BARBARA A AUSTELL
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
GREGORY M AVIS
TRUSTEE, CHAIR	6.0	0.0	Yes (X)	$0	$0	$0
PATRICK F BASSETT
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
BRIAN D CARPENTER
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
ERIC L COCHRAN
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
MICHAEL R EISENSON
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
WILLIAM C FOOTE
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
O ANDREAS HALVORSEN
TRUSTEE	4.0	1.0	Yes (X)	$0	$0	$0
YVONNE HAO
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
STEPHEN HARTY
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
JOEY SHAISTA HORN
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
JONATHAN A KRAFT
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
JAMES B LEE JR
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
ROBIN POWELL MANDJES
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
CARON GARCIA MARTINEZ
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
CLARENCE OTIS JR
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
RICHARD R PICKARD
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
KATHERINE L QUEENEY
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
ELIZABETH E ROBINSON
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
ROBERT G SCOTT
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
LAURIE J THOMSEN
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
MARTHA WILLIAMSON
TRUSTEE	4.0	0.0	Yes (X)	$0	$0	$0
ADAM FALK
PRESIDENT	40.0	1.0	Yes (X)	$496,678	$0	$105,789	Yes (X)
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER	40.0	0.0		$945,622	$0	$359,435	Yes (X)
KELI A GAIL
SECRETARY OF THE COLLEGE	40.0	0.0		$141,470	$0	$35,364	Yes (X)
STEPHEN P KLASS
VP FOR CAMPUS LIFE	40.0	0.0		$299,082	$0	$47,751	Yes (X)
JAMES KOLESAR
Vice President for Public Affa	40.0	0.0		$155,855	$0	$37,552	Yes (X)
JOHN MALCOLM
VP FOR COLLEGE RELATIONS	40.0	0.0		$244,144	$0	$35,536	Yes (X)
FREDERICK PUDDESTER
VP FOR FINANCE & ADMIN & TREAS	40.0	0.0		$371,968	$0	$50,915	Yes (X)
MICHAEL E REED
VP FOR STRATEGIC PLANNING	40.0	0.0		$239,998	$0	$48,982	Yes (X)
SARAH BOLTON
DEAN OF COLL/PROF OF PHYSICS	40.0	0.0		$213,189	$0	$44,500		Yes (X)
WILLIAM DUDLEY
PROVOST, PROF OF PHILOSOPHY	40.0	0.0		$215,488	$0	$43,816		Yes (X)
PETER MURPHY
DEAN OF FACULTY/PROF ENGLISH	40.0	0.0		$212,735	$0	$44,500		Yes (X)
JULIA CROSBY
Managing Director, INV OFFICE	40.0			$281,260	$0	$68,254			Yes (X)
JAY PASACHOFF
PROF OF ASTRONOMY	40.0			$202,028	$0	$41,308			Yes (X)
LOUIS SOUSA
Managing Director, INV OFFICE	40.0			$411,415	$0	$127,751			Yes (X)
BRADFORD B WAKEMAN
Managing Dir/COO, INV OFFICE	40.0	0.0		$480,266	$0	$153,040			Yes (X)
ABIGAIL WATTLEY
Director, INV OFFICE	40.0	0.0		$194,150	$0	$47,209			Yes (X)
WILLIAM J LENHART
PROF COMP SCIENCE/FRMR OFFICER	40.0	0.0		$177,707	$0	$40,270				Yes (X)
WILLIAM G WAGNER
PROF HISTORY/FRMR KEY EMP&OFFR	40.0	0.0		$191,742	$0	$44,659				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,474,797	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,376,631	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	215	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1	CityContractorAddress/USAddress/City	StateContractorAddress/USAddress/State	ZIP CodeContractorAddress/USAddress/ZIPCode	ServicesServicesDesc	CompensationCompensationAmt
Consigli Construction Co Inc
72 SUMMER STREET	MILFORD	MA	01757	CONSTRUCTION	$25,422,991
Whiting-Turner Contracting Company
1 Pine West Plz	ALBANY	NY	12205	CONSTRUCTION	$7,578,701
Gigliotti Electric Inc
52 Hutchinson Ln	Cheshire	MA	01225	Electrical	$2,496,602
MJ Moran Inc
4 South Main St	Haydenville	MA	01039	CONSTRUCTION	$1,482,845
Engelberth Construction Inc
428 Main Street	Keene	NH	03431	CONSTRUCTION	$1,164,271

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	57	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,532,535	GovernmentGrantsAmt
All Other Contributions	$58,119,104	AllOtherContributionsAmt
Noncash Contributions	$16,669,054	NoncashContributionsAmt
Total Contributions	$59,651,639	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
Tuition, Fees, Room and Board	900099	$120,753,685	$120,753,685
Auxiliary Revenue	721110	$4,397,221		$4,397,221
Other Program Revenue	900099	$548,219	$548,219

Field	Value	IRS element (for citing)
Total Program Service Revenue	$125,699,125	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$566,586	TotalRevenueColumnAmt
Unrelated Business Revenue	$174,078	UnrelatedBusinessRevenueAmt
Exclusion	$392,508	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,047	TotalRevenueColumnAmt
Exclusion	$10,047	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,687,019	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,687,019	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,687,019	TotalRevenueColumnAmt
Exclusion	$1,687,019	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$153,071,187	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$153,071,187	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$153,071,187	TotalRevenueColumnAmt
Exclusion	$153,071,187	ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Miscellaneous Revenue	Desc
Business	713940	BusinessCd
Total Revenue Column	$80,055	TotalRevenueColumnAmt
Exclusion	$80,055	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$80,055	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$340,765,658	TotalRevenueColumnAmt
Related Or Exempt Func Income	$121,301,904	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$174,078	UnrelatedBusinessRevenueAmt
Exclusion	$159,638,037	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$474,664	TotalAmt
Program Services	$474,664	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$46,219,716	TotalAmt
Program Services	$46,219,716	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$153,265	TotalAmt
Program Services	$153,265	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

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

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,150,905	TotalAmt
Program Services	$861,241	ProgramServicesAmt
Management And General	$1,576,256	ManagementAndGeneralAmt
Fundraising	$713,408	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$513,624	TotalAmt
Program Services	$483,594	ProgramServicesAmt
Management And General	$30,030	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$84,433,312	TotalAmt
Program Services	$72,383,583	ProgramServicesAmt
Management And General	$8,481,155	ManagementAndGeneralAmt
Fundraising	$3,568,574	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$7,430,831	TotalAmt
Program Services	$5,943,642	ProgramServicesAmt
Management And General	$1,183,845	ManagementAndGeneralAmt
Fundraising	$303,344	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,986,705	TotalAmt
Program Services	$13,796,086	ProgramServicesAmt
Management And General	$2,558,598	ManagementAndGeneralAmt
Fundraising	$632,021	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$6,134,890	TotalAmt
Program Services	$4,914,620	ProgramServicesAmt
Management And General	$971,370	ManagementAndGeneralAmt
Fundraising	$248,900	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

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

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$514,356	TotalAmt
Program Services	$2,130	ProgramServicesAmt
Management And General	$512,226	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$235,852	TotalAmt
Program Services	$6,842	ProgramServicesAmt
Management And General	$229,010	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

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

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

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

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$15,163,632	TotalAmt
Program Services	$10,947,772	ProgramServicesAmt
Management And General	$3,326,527	ManagementAndGeneralAmt
Fundraising	$889,333	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$160,514	TotalAmt
Program Services	$79,408	ProgramServicesAmt
Management And General	$77,341	ManagementAndGeneralAmt
Fundraising	$3,765	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,959,581	TotalAmt
Program Services	$7,331,595	ProgramServicesAmt
Management And General	$471,255	ManagementAndGeneralAmt
Fundraising	$156,731	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,851,476	TotalAmt
Program Services	$2,786,442	ProgramServicesAmt
Management And General	$49,040	ManagementAndGeneralAmt
Fundraising	$15,994	FundraisingAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,935,670	TotalAmt
Program Services	$5,933,435	ProgramServicesAmt
Management And General	$524,387	ManagementAndGeneralAmt
Fundraising	$477,848	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$5,384,706	TotalAmt
Program Services	$4,547,623	ProgramServicesAmt
Management And General	$502,125	ManagementAndGeneralAmt
Fundraising	$334,958	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$188,299	TotalAmt
Program Services	$153,505	ProgramServicesAmt
Management And General	$20,711	ManagementAndGeneralAmt
Fundraising	$14,083	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$9,434,941	TotalAmt
Program Services	$7,558,269	ProgramServicesAmt
Management And General	$1,493,885	ManagementAndGeneralAmt
Fundraising	$382,787	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$19,971,151	TotalAmt
Program Services	$15,998,757	ProgramServicesAmt
Management And General	$3,162,140	ManagementAndGeneralAmt
Fundraising	$810,254	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,082,500	TotalAmt
Program Services	$348,612	ProgramServicesAmt
Management And General	$719,510	ManagementAndGeneralAmt
Fundraising	$14,378	FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
Fellowships, Student Prizes	$3,526,501	$3,518,857	$7,644
Equipment Rental & Maintenance	$6,172,042	$4,545,303	$28,264	$1,598,475

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$245,079,133	TotalAmt
Program Services	$208,988,961	ProgramServicesAmt
Management And General	$27,487,886	ManagementAndGeneralAmt
Fundraising	$8,602,286	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$9,193,872	BOYAmt
EOY	$28,214,237	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$39,158,624	BOYAmt
EOY	$40,838,615	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$69,006,984	BOYAmt
EOY	$78,110,639	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$748,102	BOYAmt
EOY	$1,213,519	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$328,152	BOYAmt
EOY	$309,344	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$18,409,052	BOYAmt
EOY	$16,365,346	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$281,137	BOYAmt
EOY	$333,635	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$10,414,918	BOYAmt
EOY	$10,995,586	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$727,515,994	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$284,834,871	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$395,262,731	BOYAmt
EOY	$442,681,123	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$558,057,852	BOYAmt
EOY	$210,333,014	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,443,491,734	BOYAmt
EOY	$2,063,839,587	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$79,307,712	BOYAmt
EOY	$17,812,321	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,623,660,870	BOYAmt
EOY	$2,911,046,966	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$50,627,500	BOYAmt
EOY	$61,670,595	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,989,269	BOYAmt
EOY	$3,533,228	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$357,129,298	BOYAmt
EOY	$348,481,311	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$53,476,847	BOYAmt
EOY	$56,283,673	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,305,953	BOYAmt
EOY	$3,339,912	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$467,528,867	BOYAmt
EOY	$473,308,719	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$306,460,404	BOYAmt
EOY	$327,599,175	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,295,321,733	BOYAmt
EOY	$1,521,009,128	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$554,349,866	BOYAmt
EOY	$589,129,944	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,156,132,003	BOYAmt
EOY	$2,437,738,247	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,623,660,870	BOYAmt
EOY	$2,911,046,966	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$95,686,525	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$190,552,297	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$4,632,578	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$30,854,258	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$51,244,721	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$52,694,308	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$47,342,033	CurrentTaxYearMinus1YearAmt
Current Tax Year	$59,651,639	CurrentTaxYearAmt
Total	$241,786,959	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

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

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

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

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$30,854,258	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$51,244,721	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$52,694,308	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$47,342,033	CurrentTaxYearMinus1YearAmt
Current Tax Year	$59,651,639	CurrentTaxYearAmt
Total	$241,786,959	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$23,442,838	SubstantialContributorsTotAmt
Public Support Total170	$218,344,121	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$13,380,685	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,737,651	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,018,435	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,727,253	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,089,574	CurrentTaxYearAmt
Total	$31,953,598	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

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

Field	Value	IRS element (for citing)
Total Support	$273,740,557	TotalSupportAmt
Gross Receipts Rltd Activities	$575,003,351	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.79763	PublicSupportCY170Pct
Public Support PY170	0.00000	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

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

Contributor US Address ContributorUSAddress

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

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

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	false	DirectContactLegislatorsInd
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$27,728	OtherActivitiesAmt
Total Lobbying Expenditures	$27,728	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE C, PART II-B, LINE 1I	FormAndLineReferenceDesc
Explanation	The organization pays membership dues to member organizations including NACUBO and AICUM which may engage in lobbying activities. Therefore, a portion of the dues may be attributable to lobbying activities.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	1	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$2,000,956	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$0	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$2,112,075	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (true)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (true)	DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$106,171	RevenuesIncludedAmt
Assets Included	$37,377,168	AssetsIncludedAmt

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

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,716,033,537	BeginningYearBalanceAmt
Contributions	$14,903,994	ContributionsAmt
Investment Earnings Or Losses	$255,857,256	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$18,726,874	GrantsOrScholarshipsAmt
Other Expenditures	$74,186,377	OtherExpendituresAmt
Administrative Expenses	$4,699,504	AdministrativeExpensesAmt
End Year Balance	$1,889,182,032	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,742,016,968	BeginningYearBalanceAmt
Contributions	$17,712,878	ContributionsAmt
Investment Earnings Or Losses	$53,538,731	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,592,522	GrantsOrScholarshipsAmt
Other Expenditures	$77,222,791	OtherExpendituresAmt
Administrative Expenses	$5,419,727	AdministrativeExpensesAmt
End Year Balance	$1,716,033,537	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,456,675,029	BeginningYearBalanceAmt
Contributions	$24,762,586	ContributionsAmt
Investment Earnings Or Losses	$292,928,636	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$13,178,824	GrantsOrScholarshipsAmt
Other Expenditures	$14,107,392	OtherExpendituresAmt
Administrative Expenses	$5,063,067	AdministrativeExpensesAmt
End Year Balance	$1,742,016,968	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,356,383,537	BeginningYearBalanceAmt
Contributions	$7,662,899	ContributionsAmt
Investment Earnings Or Losses	$158,826,639	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$11,848,782	GrantsOrScholarshipsAmt
Other Expenditures	$49,030,707	OtherExpendituresAmt
Administrative Expenses	$5,318,557	AdministrativeExpensesAmt
End Year Balance	$1,456,675,029	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.10000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.23760	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.66240	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$1,238,114	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$11,889,735	OtherCostOrOtherBasisAmt
Book Value	$13,127,849	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$4,269,799	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$545,867,433	OtherCostOrOtherBasisAmt
Depreciation	$230,359,255	DepreciationAmt
Book Value	$319,777,977	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$75,006,861	OtherCostOrOtherBasisAmt
Depreciation	$39,907,683	DepreciationAmt
Book Value	$35,099,178	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$89,244,052	OtherCostOrOtherBasisAmt
Depreciation	$14,567,933	DepreciationAmt
Book Value	$74,676,119	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$442,681,123	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
GLOBAL EQUITY FUNDS	$835,147,574	F
ABSOLUTE RETURN FUNDS	$338,858,474	F
VENTURE CAPITAL FUNDS	$194,657,810	F
BUYOUT FUNDS	$207,577,249	F
REAL ASSET FUNDS	$104,077,685	F
REAL ESTATE FUNDS	$102,862,341	F
FIXED INCOME FUNDS	$247,402,507	F
OTHER INVESTMENT ASSETS	$33,255,947	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,063,839,587	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	US GOV'T ADVANCES FOR STUDENTS	Desc
Amt	$3,339,912	Amt

Field	Value	IRS element (for citing)
Total Liability	$3,339,912	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$480,312,396	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$190,552,297	NetUnrealizedGainsInvstAmt
Other Revenue	-$51,005,559	OtherRevenueAmt
Revenue Not Reported	$139,546,738	RevenueNotReportedAmt
Revenue Subtotal	$340,765,658	RevenueSubtotalAmt
Total Revenue Per Form990	$340,765,658	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$198,706,152	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$198,706,152	ExpensesSubtotalAmt
Other Expenses Not Included	$46,372,981	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$46,372,981	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$245,079,133	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE D, PART III, LINE 1A	FormAndLineReferenceDesc
Explanation	THE COLLEGE'S ART AND RARE BOOK COLLECTIONS ARE RECORDED AT COST OR APPRAISED VALUE AT THE DATE OF ACQUISITION. COLLECTIONS ARE NOT DEPRECIATED. FORM 990, SCHEDULE D, PART III, LINE 4 THE MUSEUM'S PRINCIPAL MISSION IS TO ENCOURAGE MULTIDISCIPLINARY TEACHING THROUGH ENCOUNTERS WITH ART OBJECTS THAT TRAVERSE TIME PERIODS AND CULTURES. FORM 990, SCHEDULE D, PART IV, LINE 2B WILLIAMS COLLEGE SERVES AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON ITS BALANCE SHEET. FORM 990, SCHEDULE D, PART V, LINE 4 THE COLLEGE MANAGES AND INVESTS THE ENDOWMENT TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE COLLEGE. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIPS FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS. FORM 990, SCHEDULE D, PART VII CERTAIN INVESTMENTS HAVE BEEN RECLASSIFIED THIS YEAR TO BE REPORTED CONSISTENTLY WITH THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D ACTUARIAL CHANGES AND PAYMENTS OF ANNUITIES $ (5,341,900) LOSS ON DISPOSITION OF FIXED ASSETS $ (1,486,550) GAIN ON FINANCIAL CONTRACTS $ 293,250 INVESTMENT INCOME ON SPLIT INTEREST AGREEMENTS $ 1,902,622 FINANCIAL AID $(46,372,981) ____________ TOTAL $(51,005,559) FORM 990, SCHEDULE D, PART XIII, LINE 4B FINANCIAL AID $ 46,372,981	ExplanationTxt

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE E, LINE 3	FormAndLineReferenceDesc
Explanation	Williams College course catalog/bulletin AND ON THE COLLEGE'S WEBSITE AT WWW.WILLIAMS.EDU. FORM 990, SCHEDULE E, LINE 6A STUDENTS AT WILLIAMS COLLEGE RECEIVE TITLE IV FEDERAL FINANCIAL AID. STUDENTS APPLY FOR AND RECEIVE FEDERAL FINANCIAL AID & PROFESSORS APPLY FOR AND RECEIVE GOVERNMENT GRANTS.	ExplanationTxt

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	OfficesOfficesCnt	EmployeeEmployeeCnt
South Asia	Program Services	Study Abroad	$84,041
North America	Program Services	Books/Materials	$1,394
Europe (Including Iceland and Greenland)	Program Services	Study Abroad	$1,657,455	1	1
South America	Program Services	Study Abroad	$1,670
Central America and the Caribbean	Investments		$846,257,375
Europe (Including Iceland and Greenland)	Investments		$17,894,394
Sub-Saharan Africa	Investments		$5,337,468
Sub-Saharan Africa	Program Services	STUDY ABROAD	$130,097
Russia and the Newly Independent States	Program Services	STUDY ABROAD	$34,093
Central America and the Caribbean	Program Services	STUDY ABROAD	$68,766
East Asia and the Pacific	Program Services	STUDY ABROAD	$46,631
Middle East and North Africa	Program Services	STUDY ABROAD	$90,008
North America	Program Services	STUDY ABROAD	$25,608

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	1	SubtotalEmployeesCnt
Total Office	1	TotalOfficeCnt
Total Employee	1	TotalEmployeeCnt
Subtotal Spent	$871,629,000	SubtotalSpentAmt
Total Spent	$871,629,000	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	Europe (Including Iceland and Greenland)	6	$15,170
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	Sub-Saharan Africa	20	$60,305
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	Central America and the Caribbean	12	$27,346
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	East Asia and the Pacific	1	$500
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	South America	1	$500
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	South America	1	$360
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	Russia and the Newly Independent States	7	$13,878
FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	Middle East and North Africa	13	$35,206

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE F, PART I, COLUMN (F)	FormAndLineReferenceDesc
Explanation	ALL EXPENSES OF OUR PROGRAMS ARE RECORDED AS EXPENSES IN THE FINANCIAL STATEMENTS OF THE COLLEGE. FORM 990, SCHEDULE F, PART I, LINE 2 For the student tuition payments we remit funds directly to the institutions based on invoices received from the institutions. FORM 990, SCHEDULE F, PART I, LINE 3 THE REGION REPORTED IN COLUMN(A) FOR THE COLLEGE'S INVESTMENTS IS BASED ON THE LEGAL DOMICILE OF THE INVESTMENT FUND AS PROVIDED IN THE SCHEDULE F INSTRUCTIONS. THIS DOES NOT REPRESENT THE REGION OF THE UNDERLYING INVESTMENTS OR THE REGION WHERE THE INVESTMENT ACTIVITY OCCURS.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
MASS Museum of Contemporary Art
1040 MASS MoCA Way	North Adams	MA	01247	043113688	501(C)(3)	$50,000	Program Support
Northern Berkshire United Way
PO Box 955	North Adams	MA	01247	042104785	501(C)(3)	$5,805	Program Support
Village Ambulance Service Inc
30 Water Street	Williamstown	MA	01267	042756911	501(C)(3)	$21,000	MEDICAL SERVICES
Williamstown Community Chest
PO Box 204	Williamstown	MA	01267	046044550	501(C)(3)	$29,288	Charitable Contribution
Williamstown Youth Center
66 School Street	Williamstown	MA	01267	042105836	501(C)(3)	$50,000	Program Support
Williamstown Fire District
34 Water Street	Williamstown	MA	01267		115	$26,510	Charitable Contribution
MOUNT GREYLOCK REGIONAL HIGH SCHOOL
1781 COLD SPRING RD	WILLIAMSTOWN	MA	01267	046006483	115	$194,801	COMMUNITY SUPPORT
MYSTIC SEAPORT
75 GREENMANVILLE AVE	MYSTIC	CT	06355	060653120	501(C)(3)	$27,500	PROGRAM SUPPORT
IMAGES CINEMA
50 SPRING STREET	WILLIAMSTOWN	MA	01267	043407257	501(C)(3)	$22,500	FILM EXHIBITION

Field	Value	IRS element (for citing)
Total501c3 Org	9	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID - SCHOLARSHIPS TO STUDENTS	GrantTypeTxt
Recipient	1077	RecipientCnt
Cash Grant	$46,219,716	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE I, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	Financial Aid is Awarded by Financial Aid professionals in accordance with College policies. Grants to organizations in Part II are to support local service organizations in the surrounding communities. FORM 990, SCHEDULE I, PART III CASH GRANTS ARE CREDITS TO STUDENT ACCOUNTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ADAM FALK
PRESIDENT	$436,556	$0	$0	$0	$60,122	$0	$28,843	$0	$76,946	$0	$602,467	$0	$0	$0
COLLETTE CHILTON
CHIEF INVESTMENT OFFICER	$412,077	$0	$516,045	$0	$17,500	$0	$299,468	$0	$59,967	$0	$1,305,057	$0	$228,272	$0
KELI A GAIL
SECRETARY OF THE COLLEGE	$139,795	$0	$0	$0	$1,675	$0	$15,625	$0	$19,739	$0	$176,834	$0	$0	$0
STEPHEN P KLASS
VP FOR CAMPUS LIFE	$297,576	$0	$0	$0	$1,506	$0	$28,843	$0	$18,908	$0	$346,833	$0	$0	$0
JAMES KOLESAR
Vice President for Public Affa	$155,785	$0	$0	$0	$70	$0	$17,573	$0	$19,979	$0	$193,407	$0	$0	$0
JOHN MALCOLM
VP FOR COLLEGE RELATIONS	$243,959	$0	$0	$0	$185	$0	$27,745	$0	$7,791	$0	$279,680	$0	$0	$0
FREDERICK PUDDESTER
VP FOR FINANCE & ADMIN & TREAS	$354,368	$0	$0	$0	$17,600	$0	$28,843	$0	$22,072	$0	$422,883	$0	$0	$0
MICHAEL E REED
VP FOR STRATEGIC PLANNING	$231,248	$0	$0	$0	$8,750	$0	$27,874	$0	$21,108	$0	$288,980	$0	$0	$0
WILLIAM J LENHART
PROF COMP SCIENCE/FRMR OFFICER	$177,482	$0	$0	$0	$225	$0	$20,189	$0	$20,081	$0	$217,977	$0	$0	$0
WILLIAM G WAGNER
PROF HISTORY/FRMR KEY EMP&OFFR	$191,742	$0	$0	$0	$0	$0	$22,187	$0	$22,472	$0	$236,401	$0	$0	$0
SARAH BOLTON
DEAN OF COLL/PROF OF PHYSICS	$212,235	$0	$0	$0	$954	$0	$24,419	$0	$20,081	$0	$257,689	$0	$0	$0
WILLIAM DUDLEY
PROVOST, PROF OF PHILOSOPHY	$213,419	$0	$0	$0	$2,069	$0	$24,419	$0	$19,397	$0	$259,304	$0	$0	$0
PETER MURPHY
DEAN OF FACULTY/PROF ENGLISH	$212,735	$0	$0	$0	$0	$0	$24,419	$0	$20,081	$0	$257,235	$0	$0	$0
JULIA CROSBY
Managing Director, INV OFFICE	$225,060	$0	$55,500	$0	$700	$0	$49,346	$0	$18,908	$0	$349,514	$0	$0	$0
JAY PASACHOFF
PROF OF ASTRONOMY	$202,028	$0	$0	$0	$0	$0	$18,749	$0	$22,559	$0	$243,336	$0	$0	$0
LOUIS SOUSA
Managing Director, INV OFFICE	$305,895	$0	$104,820	$0	$700	$0	$106,343	$0	$21,408	$0	$539,166	$0	$0	$0
BRADFORD B WAKEMAN
Managing Dir/COO, INV OFFICE	$284,981	$0	$194,475	$0	$810	$0	$130,468	$0	$22,572	$0	$633,306	$0	$86,291	$0
ABIGAIL WATTLEY
Director, INV OFFICE	$133,109	$0	$61,041	$0	$0	$0	$47,209	$0	$0	$0	$241,359	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	BENEFITS	FormAndLineReferenceDesc
Explanation	FORM 990, SCHEDULE J, PART I, LINE 1A Travel for companions: Expenses for companion travel were incurred by the President. Williams allows companion travel only on occasions where there is a specific business purpose. Payments for travel expenses for any College employees spouse/partner, (or dependent or guest) that do not meet these criteria will constitute taxable income to the employee. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THROUGH MID-DECEMBER 2013, PRESIDENT FALK WAS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HIS EMPLOYMENT AND FOR THE CONVENIENCE OF WILLIAMS. WILLIAMS PROVIDES HOUSING FOR EMPLOYEES WHEN THERE IS A REQUIREMENT TO LIVE IN COLLEGE HOUSING. WILLIAMS HAS INCLUDED AS NONTAXABLE COMPENSATION IN PART II, COLUMN (D) THE ESTIMATED RENTAL VALUE OF THE PRIVATE AREAS OF THE RESIDENCE THROUGH MID-DECEMBER 2013. AS OF MID-DECEMBER 2013, THE PRESIDENT'S CONTRACT NO LONGER REQUIRES HIM TO LIVE ON CAMPUS. AS OF MID-DECEMBER 2013, PRESIDENT FALK'S OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(iii) INCLUDES A TAXABLE HOUSING ALLOWANCE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: WILLIAMS PAID DUES FOR A WILLIAMSTOWN-BASED GOLF COURSE MEMBERSHIP FOR PRESIDENT FALK. THE AMOUNTS WERE REPORTED AS TAXABLE COMPENSATION. PERSONAL SERVICES: PRESIDENT FALK RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT HIS HOUSE. SUCH SERVICES THAT WERE NOT BUSINESS RELATED WERE REPORTED AS TAXABLE COMPENSATION. FORM 990, SCHEDULE J, PART I, LINE 4B THE COLLEGE ESTABLISHED A DEFERRED COMPENSATION PLAN FOR ITS CHIEF INVESTMENT OFFICER (CIO), COLLETTE CHILTON. THE TERMS OF THE PLAN PROVIDE FOR THE COLLEGE TO MAKE ANNUAL SET-ASIDES AND A LUMP SUM PAYOUT AT THE TERMINATION OF THE PLAN PROVIDED MS. CHILTON REMAINS CIO UNTIL THAT DATE. FORM 990, SCHEDULE J, PART I, LINE 4B AND LINE 7 MEMBERS OF THE INVESTMENT OFFICE STAFF ARE ELIGIBLE TO RECEIVE AN ANNUAL BONUS UP TO A CERTAIN PERCENTAGE OF THEIR BASE SALARY. THE BONUS IS DETERMINED BY THE PERFORMANCE OF THE INVESTMENT PORTFOLIO IN RELATION TO THE PERFORMANCE OF THE POLICY BENCHMARK. THE POLICY BENCHMARK IS ESTABLISHED BY THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE BONUS IS PAID OUT OVER TIME, REQUIRES THE INDIVIDUAL TO REMAIN EMPLOYED IN ORDER TO BE ELIGIBLE TO RECEIVE PAYMENT, AND IS SUBJECT TO NEGATIVE EARNINGS PROVISIONS.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Mass Health & Edu Facilities Authority
A	042456011	57586CQS7	2007-01-04	$76,536,465	NEW CONSTRUCTION & 1999 ADV REFUND	Yes (true)	false	false
Mass Health & Edu Facilities Authority
B	043431814	57583UAA6	2011-03-24	$92,077,256	CONSTR AND 2007 CURRENT REFUNDING	false	false	false
Mass Health & Edu Facilities Authority
C	042456011	57586CPX7	2006-04-03	$73,396,573	1996 & 2003 CURRENT REFUNDING	Yes (true)	false	false
Mass Health & Edu Facilities Authority
D	042456011	57585KW79	2003-04-02	$115,049,757	CONSTRC AND 1993 CURRENT REFUNDING	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$6,023,862	$34,200,000	$76,536,465	$0	$0	$0	$518,260	$0	$0	$66,333,146	$9,685,059	$0	2008	false	Yes (true)	Yes (true)	Yes (true)
B	$5,433,407	$0	$92,077,256	$0	$0	$0	$661,056	$0	$0	$50,166,200	$41,250,000	$0	2013	Yes (true)	false	Yes (true)	Yes (true)
C	$8,144,159	$11,065,000	$73,396,573	$0	$0	$0	$556,293	$0	$0	$0	$72,840,280	$0	2006	Yes (true)	false	Yes (true)	Yes (true)
D	$91,264,757	$0	$115,049,757	$0	$0	$0	$644,884	$0	$0	$100,699,405	$13,705,468	$0	2005	false	Yes (true)	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0.01684	0.01684	false	false	false	Yes (true)
B	false	false	false	false	0.01037	0.01037	false	false	false	Yes (true)
C	false	false	false	false	0.00972	0.00972	false	false	false	Yes (true)
D	false	false	false	false	0.01924	0.01924	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
0
A	false	false	false	Yes (true)	false	false	Yes (true)	RBC CAPITAL	2.	Yes (true)	false	Yes (true)
0
B	false	Yes (true)	Yes (true)	false	Yes (true)	false	false	0			false	Yes (true)
MORGAN STANLEY
C	false	false	Yes (true)	false	Yes (true)	Yes (true)	false	0			false	Yes (true)	20.	false	false
0
D	false	false	false	Yes (true)	false	false	Yes (true)	TRINITY	3.2	Yes (true)	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE K-1, PART IV, LINE 2C	FormAndLineReferenceDesc
Explanation	MASS. HEALTH & EDU FACILITIES AUTHORITY SERIES L (COLUMN A) HAD A REBATE CALCULATION PERFORMED IN MARCH OF 2010. MASS. HEALTH & EDU FACILITIES AUTHORITY SERIES H&I (COLUMN D) HAD A REBATE CALCULATION PERFORMED IN JANUARY OF 2007.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

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

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Mass Health & Edu Facilities Authority	BusinessNameLine1

Field	Value	IRS element (for citing)
Bond Issuer EIN	043431814	BondIssuerEIN
CUSIP	57583UWRS	CUSIPNum
Bond Issued	2013-05-30	BondIssuedDt
Issue Price	$148,355,419	IssuePriceAmt
Purpose	NEW CONSTR & REF 2003, 2006 & 2007	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$802,974	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$148,355,419	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$45,265,000	RefundingEscrowAmt
Issuance Costs From Proceeds	$840,287	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$49,189,468	CapitalExpendituresAmt
Other Spent Proceeds	$35,248,343	OtherSpentProceedsAmt
Unspent	$17,812,321	UnspentAmt
Current Refunding	Yes (true)	CurrentRefundingInd
Advance Refunding	Yes (true)	AdvanceRefundingInd
Final Allocation Made	false	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	false	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	false	MgmtContractBondFincdPropInd
Any Research Agreements	false	AnyResearchAgreementsInd
Private Bus Use By Others	0	PrivateBusUseByOthersPct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	Yes (true)	RebateNotDueYetInd
Exception To Rebate	Yes (true)	ExceptionToRebateInd
No Rebate Due	false	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1

Field	Value	IRS element (for citing)
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1

Field	Value	IRS element (for citing)
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

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

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (6 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
Sarah Bolton
Key Employee	Mortgage on Primary	Yes (X)	$80,232	$63,784	false	Yes (true)	Yes (true)
Keli Gail
Officer	Mortgage on Primary	Yes (X)	$70,000	$26,774	false	Yes (true)	Yes (true)
Stephen Klass
Officer	Mortgage on Primary	Yes (X)	$100,000	$77,582	false	Yes (true)	Yes (true)
William Lenhart
Former Officer	Mortgage on Primary	Yes (X)	$56,563	$7,202	false	Yes (true)	Yes (true)
John Malcolm
Officer	Mortgage on Primary	Yes (X)	$40,000	$36,763	false	Yes (true)	Yes (true)
Frederick Puddester
Officer	Mortgage on Primary	Yes (X)	$100,000	$97,239	false	Yes (true)	Yes (true)

Field	Value	IRS element (for citing)
Total Balance Due	$309,344	TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
STEPHANIE BOYD
SPOUSE OF FORMER OFFICER	$30,030	WILLIAMS COLLEGE EMPLOYEE	false
ADAM FALK
OFFICER/TRUSTEE	$543,344	PURCHASE OF REAL ESTATE	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Form 990, Schedule L, Part IV, Line (2)	FormAndLineReferenceDesc
Explanation	TO FACILITATE PRESIDENT FALK'S MOVE TO WILLIAMSTOWN, WILLIAMS COLLEGE PURCHASED THE PRESIDENT'S FORMER HOME IN MARYLAND. WILLIAMS COLLEGE PAID FAIR MARKET VALUE FOR THE PROPERTY ESTABLISHED THROUGH THE USE OF AN INDEPENDENT APPRAISAL.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$106,171	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISALS	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	336	ContributionCnt
Noncash Contributions Rpt F990	$8,881,766	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$7,000,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp

Real Estate Residential RealEstateResidentialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$681,117	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp
Form8283 Received	5	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (true)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, schedule m, part I, column B	FormAndLineReferenceDesc
Explanation	In column B, the college is reporting the number of contributions. FORM 990, SCHEDULE M, PART I, LINE 32B WILLIAMS COLLEGE GENERALLY USES A BROKER/AGENT TO FACILITATE THE SALE OF REAL PROPERTY.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	MISSION STATEMENT	FormAndLineReferenceDesc
Explanation	FORM 990, PART I, LINE 1 AND PART III, LINES 1 AND 4A WILLIAMS COLLEGE (THE "COLLEGE" OR "WILLIAMS") IS A PRIVATE, NON-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER EDUCATION COMMITTED TO THE LIBERAL ARTS EDUCATION OF YOUNG MEN AND WOMEN. IT IS LOCATED IN WILLIAMSTOWN, MASSACHUSETTS, ON A CAMPUS OF APPROXIMATELY 450 ACRES. THE COLLEGE WAS FOUNDED IN 1793 AS A COLLEGE "FOR THE PURPOSE OF EDUCATING YOUTH." THE COLLEGE BECAME CO-EDUCATIONAL IN 1971. TODAY, WILLIAMS IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR APPROXIMATELY 2,000 FULL-TIME UNDERGRADUATE AND 50 GRADUATE STUDENTS WHO COME FROM ALL OF THE 50 STATES AND MANY FOREIGN COUNTRIES. THE WILLIAMS CURRICULUM OFFERS STUDY IN THE HUMANITIES, THE SOCIAL SCIENCES AND THE NATURAL SCIENCES AND COMBINES A BROAD EDUCATION WITH KNOWLEDGE OF ONE FIELD IN DEPTH. THE COLLEGE OFFERS THE BACHELOR OF ARTS DEGREE AT THE UNDERGRADUATE LEVEL. IN ADDITION, MASTER OF ARTS PROGRAMS IN POLICY ECONOMICS AND HISTORY OF ART ARE OFFERED. GOVERNING BODY AUTHORITY FORM 990, PART VI, SECTION A, LINE 1A WILLIAMS COLLEGE'S GOVERNING BODY AND GOVERNING DOCUMENTS DELEGATE AUTHORITY ON A LIMITED SCOPE TO AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE PRESIDENT OF THE COLLEGE, AND 5-7 OTHER BOARD MEMBERS SELECTED ANNUALLY BY THE CHAIR AND PRESIDENT ACTING JOINTLY. REVIEW PROCESS FORM 990, PART VI, LINE 11A WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED FOR REVIEW BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. PWC SIGNS THE RETURN AS PAID PREPARER. A FINAL FORM 990 EXCLUDING THE NAMES OF ANONYMOUS DONORS WAS THEN DISTRIBUTED TO THE FULL BOARD BEFORE FILING WITH THE IRS. CONFLICT OF INTEREST FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO FILE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCLOSURE FORMS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES HAVING A CONFLICT OF INTEREST ON ANY MATTER THAT COMES BEFORE THE BOARD FOR ACTION RECUSE THEMSELVES FROM PARTICIPATING IN THE DECISION. EMPLOYEES ARE REQUIRED TO FILE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. DISCLOSURES ARE REVIEWED BY DEPARTMENT HEADS AND SENIOR STAFF. TRUSTEES AND EMPLOYEES ARE EXPECTED TO REPORT ANY MID-YEAR CHANGES TO THE PRESIDENT'S OFFICE AND THEIR SUPERVISOR RESPECTIVELY. DOCUMENT RETENTION POLICY FORM 990, PART VI, SECTION B, LINE 14 WILLIAMS COLLEGE DOES NOT HAVE AN OVERARCHING DOCUMENT RETENTION POLICY. EACH DEPARTMENT HAS A DOCUMENT RETENTION AND DESTRUCTION POLICY THAT IS APPLICABLE TO THE NATURE OF THE INFORMATION THAT THEY COLLECT. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15 WILLIAMS COLLEGE ASSIGNS THE DUTY OF SETTING EXECUTIVE COMPENSATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SELECTS A SUBSET OF THE COMMITTEE TO SERVE AS AN INDEPENDENT COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT. THIS COMMITTEE CONSIDERS COMPENSATION SURVEYS, MARKET DATA AND ANALYSES. THE COMMITTEE'S DELIBERATIONS ARE NOTED. THE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. THE PRESIDENT CONSIDERS COMPENSATION SURVEYS, MARKET DATA AND ANALYSES. The President's deliberations and decisions are also documented. PUBLIC INSPECTION FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST, ON THE COLLEGE WEBSITE, AND ON GUIDESTAR.ORG GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 WILLIAMS COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE COLLEGE WEBSITE. INVESTMENT EXPENSES FORM 990, PART IX, LINES 5 AND 11F INVESTMENT EXPENSES ARE REPORTED NET WITH INVESTMENT INCOME, IN ACCORDANCE WITH FINANCIAL STATEMENT REPORTING. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 ACTUARIAL CHANGES AND PAYMENTS OF ANNUITIES $(5,341,900) LOSS ON DISPOSITION OF FIXED ASSETS $(1,486,550) GAIN ON FINANCIAL CONTRACTS $ 293,250 INVESTMENT INCOME ON SPLIT INTEREST AGREEMENTS $ 1,902,622 ___________ TOTAL $(4,632,578)	ExplanationTxt

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAMS INN LLC	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	880 MAIN STREET	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Field	Value	IRS element (for citing)
EIN	465431139	EIN
Primary Activities	HOTEL	PrimaryActivitiesTxt
Legal Domicile State	MA	LegalDomicileStateCd
Total Income	$465,724	TotalIncomeAmt
End Of Year Assets	$3,800,000	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

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

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrganizationControlledOrganizationInd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
STERLING & FRANCINE CLARK ART INSTITUTE
225 south street	WILLIAMSTOWN	MA	01267	042163004	ART MUSEUM	MA	501(C)(3)	11A	WILLIAMS	Yes (true)
ASSOCIATED KYOTO PROGRAM INC
college hall rm 204	northampton	MA	01063	042996114	EDUCATION	MA	501(C)(3)	11D	NA	false
WILLIAMS COLLEGE LAND FOUNDATION
880 main street	WILLIAMSTOWN	MA	01267	043158500	RE HOLDING	MA	501(C)(2)	N/A	WILLIAMS	Yes (true)
WILLIAMS COLLEGE OXFORD PROGRAM
					EDUCATION		501(C)(3)	n/a	WILLIAMS	Yes (true)	UK

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Primary ActivitiesPrimaryActivitiesTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Legal Domicile StateLegalDomicileStateCd	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt
CHARITABLE REMAINDER TRUSTS (56)
FUNDRAISING	WILLIAMS	TRUST	Yes (true)
POOLED INCOME FUNDS (3)
FUNDRAISING	WILLIAMS	TRUST	Yes (true)	MA
PERPETUAL TRUSTS (1)
FUNDRAISING	WILLIAMS	TRUST	Yes (true)	NY
OUTSIDE MANAGED CHARIT REM TRUSTS (29)
FUNDRAISING	NA	TRUST	Yes (true)
SEE PART VII
HOLDING	WILLIAMS	C CORP	Yes (true)		$0	$0
SEE PART VII
HOLDING	WILLIAMS	C CORP	Yes (true)	UT	$0	$225,000

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

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
Williams college Oxford Program
P	$2,624,008	Cash
PERPETUAL TRUST
C	$629,004	CASH

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE R, PART IV, LINE (1), COLUMN (C)	FormAndLineReferenceDesc
Explanation	THE CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (1) ARE LEGALLY DOMICILED IN IL, MA, AND NY. FORM 990, SCHEDULE R, PART IV, LINE (4), COLUMN (C) THE OUTSIDE MANAGED CHARITABLE REMAINDER TRUSTS DISCLOSED IN PART IV, LINE (4) ARE LEGALLY DOMICILED IN MA AND NY. FORM 990, SCHEDULE R, PART IV, LINE (5), COLUMNS (A) & (C) During fiscal year 14 the College received (AS A GIFT) and liquidated all shares in a corporation. FORM 990, SCHEDULE R, PART IV, LINE (6), COLUMNS (A) The College owns a corporation whose sole asset is a painting WHICH RESIDES at the College's museum.	ExplanationTxt