2014-12-11T10:16:21-06:00 2014-06-30 561391615 CRAWLEY LEE & COMPANY PA PO BOX 5595 ASHEVILLE NC 288135595 990 2013-07-01 560767736 WARREN WILSON COLLEGE WARR 8282983325 PO BOX 9000 ASHEVILLE NC 288159000 STEPHANIE OWENS VP OF ADMIN & FINANCE 8282983325 2014-11-17 true JAMES A LEE CPA P00548231 8282745524 2014-12-03 2013 2015-11-30 17:44:51Z STEVEN L SOLNICK PRESIDENT PO BOX 9000 ASHEVILLE NC 288159000 45097207 false X WWW.WARREN-WILSON.EDU X 1962 NC THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. 24 20 1472 23 -172466 -172466 8370665 6459876 30904729 32166519 7815059 -5175862 1335854 1319651 48426307 34770184 9707353 11616013 0 19392444 19617783 0 993423 11877986 12482288 40977783 43716084 7448524 -8945900 114717461 105909538 19873826 18521964 94843635 87387574 X THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. false false 36047525 11616013 31239248 MOST PROGRAMS RENDERED ARE RELATED TO PROVIDING STUDENTS, ON A NON- DISCRIMINATORY BASIS, FOUR-YEAR LIBERAL ARTS DEGREES THROUGH AN INTEGRATED TRIAD OF ACADEMIC STUDY, USEFUL AND PRODUCTIVE WORK, AND SERVICE TO OTHERS BEYOND THE CAMPUS COMMUNITY. THE FULL-TIME EQUIVALENT ENROLLEMNT AT THE COLLEGE DURING THE 2013-2014 ACADEMIC YEAR WAS APPROXIMATELY 846 UNDERGRADUATE STUDENTS, AND A TOTAL OF 191 STUDENTS (BOTH GRADUATE AND UNDERGRADUATE) STUDENTS GRADUATED FROM THE COLLEGE DURING THE YEAR. A LOW-RESIDENCY GRADUATE PROGRAM IN CREATIVE WRITING LEADING TO A MASTER OF FINE ARTS DEGREE IS ALSO OFFERED, AND AVERAGES AROUND 85 ENROLLEES. THE COLLEGE PREPARED STUDENTS REPRESENTING A BROADLY DIVERSE WORLD FOR SERVICE, LEADERSHIP, AND MEANINGFUL LIFELONG WORK AND STUDY BY OFFERING AN EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY ABROAD DESTINATIONS IN BRAZIL, ITALY, TURKEY, CUBA, COSTA RICA, AND INDONESIA TO WHICH 75 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 21 STUDENTS STUDIED ABROAD INDEPENDENTLY FOR THE SUMMER, SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN TWO DIFFERENT AFRICAN NATIONS, FOUR LATIN AMERICAN NATIONS, SEVEN EUROPEAN NATIONS, THREE NATIONS IN ASIA, AND TWO NATIONS IN AUSTRALIA OCEANA. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 115 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 766 STUDENTS PARTICIPATING IN THE FALL OF 2013 AND 699 STUDENTS PARTICIPATING IN THE SPRING OF 2014. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 420 STUDENT PARTICIPANTS AND ABOUT 35 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, OVER 808 STUDENTS COMPLETED 52,291 VOLUNTEER HOURS AT 259 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 350 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 18 SITES. 616876 925199 THE SWANNANOA GATHERING IS A SERIES OF WEEKLY EDUCATION SUMMER MUSIC WORKSHOPS HELD ON THE WARREN WILSON COLLEGE CAMPUS EACH JULY AND AUGUST. THE ENROLLMENT IS LIMITED, WITH AN OPEN FORMAT, WHICH ALLOWS EACH STUDENT TO SELECT THEIR OWN CURRICULUM FROM A VARIETY OF COURSES WITH DIFFERENT EXPERIENCE LEVELS AND ABILITIES. HOUSING AND MEALS FOR PARTICIPANTS IS AN OPTION. THE NORTH CAROLINA DEPARTMENT OF PUBLIC INSTRUCTION HAS ALLOWED 3 HOURS OF TEACHING CERTIFICATE RENEWAL CREDITS, WITH PRIOR APPROVAL, FOR EACH WEEK OF THE SERIES. TOTAL STUDENTS IN THE SUMMER OF 2013 WERE 1009, RANGING BETWEEN 80 AND 248 PARTICIPANTS FOR EACH OF THE FIVE WEEKS. 36664401 true true false false false false false false true true true true false true true true true false true false false false true false false false false false true true false false false true false false true false true false false false false false false false false true 274 0 1472 true true true false false false false false false false false false false false false false false X 24 20 false false true false false false false true true false false true true true true true false false false false X MARY DAVIS CONTROLLER 8282983325 701 WARREN WILSON ROAD SWANNANOA NC 28778 CATHERINE REID EX-OFFICIO FACULTY REPR 40.00 X 52665 0 10267 KATHERINE E GREEN EX-OFFICIO STAFF REPRES 40.00 X 37374 0 8716 JOEL B ADAMS TRUSTEE 1.00 X 0 0 0 JOHN W ALEXANDER TRUSTEE 1.00 X 0 0 0 LESLIE ANDERSON TRUSTEE 1.00 X 0 0 0 H ROSS ARNOLD III TRUSTEE 1.00 X 0 0 0 MYRON P BOON TRUSTEE 1.00 X 0 0 0 ALICE C BUHL TRUSTEE / CH 1.50 X 0 0 0 STUART U BUICE TRUSTEE 1.00 X 0 0 0 CARMEN CASTALDI TRUSTEE 1.00 X 0 0 0 WILLIAM H CHRISTY TRUSTEE 1.50 X 0 0 0 DONALD R COOPER TRUSTEE 1.00 X 0 0 0 HENRY J COPELAND TRUSTEE 1.00 X 0 0 0 JOHN W CRUIKSHANK III TRUSTEE 1.00 X 0 0 0 TOM C S DAO TRUSTEE 1.00 X 0 0 0 JONATHAN L ELION TRUSTEE / VI 1.50 X 0 0 0 ROSA LEE HARDEN TRUSTEE 1.00 X 0 0 0 THOMAS K JOHNSON TRUSTEE 1.00 X 0 0 0 STEVEN M KANE TRUSTEE 1.00 X 0 0 0 THOMAS L KILDAY TRUSTEE 1.00 X 0 0 0 JAMES A KUHNS TRUSTEE 1.00 X 0 0 0 WILLIAM A LARAMEE TRUSTEE 1.00 X 0 0 0 ANNE GRAHAM MASTERS TRUSTEE 1.00 X 0 0 0 ANTHONY S RUST TRUSTEE 1.00 X 0 0 0 GEORGE ANDREW SCOTT TRUSTEE 1.00 X 0 0 0 GEORGE E STUART TRUSTEE 1.00 X 0 0 0 TERRY V SWICEGOOD TRUSTEE 1.00 X 0 0 0 STEPHEN L UMMEL TRUSTEE 1.00 X 0 0 0 FRANCES M WHITFIELD TRUSTEE 1.00 X 0 0 0 HOWELL L FERGUSON EX-OFFICIO FMR BOARD CH 1.00 X 0 0 0 J LLOYD HORTON EX-OFFICIO PRESBYTERY R 1.50 X 0 0 0 RONALD F HUNT EX-OFFICIO FMR BOARD CH 1.50 X 0 0 0 CARL MICHAEL NIX EX-OFFICIO PRES ALUMNI 1.50 X 0 0 0 HUGH D VERNER EX-OFFICIO FMR BOARD CH 1.50 X 0 0 0 STEVEN L SOLNICK EX-OFFICIO PRESIDENT 40.00 X 293349 0 37126 PAULA K GARRETT VP ACADEMIC 40.00 X 119894 0 21313 RICHARD BLOMGREN VP FOR ADVAN 40.00 X 116319 0 23954 IAN ROBERTSON DEAN OF WORK 40.00 X 79367 0 17520 PAUL PERRINE DEAN OF STUD 40.00 X 73894 0 29344 CATHY KRAMER DEAN OF SERV 40.00 X 64463 0 18715 DAWN S MEDLEY VP ENROLLMEN 40.00 X 64214 0 12224 ALAN RUSSELL INTERIM VP A 40.00 X 61574 0 2812 JONATHAN EHRLICH FORMER VP AD 0.00 X 133928 0 16690 WILLIAM PFEIFFER FORMER PRESI 0.00 X 102000 0 0 DOUGLAS ORR JR FORMER PRESI 0.00 X 45982 0 0 1245023 198681 5 true true false SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30322 FOOD SVC CONTRA 1821784 H&M CONSTRUCTORS PO BOX 16589 ASHEVILLE NC 28816 CONSTRUCTION 669360 DANIELS GRAPHICS PO BOX 40 ASHEVILLE NC 28802 PRINTING/PRODUC 189499 R&W INC 90 LONDON ROAD ASHEVILLE NC 28803 CONSTRUCTION 156881 ART & SCIENCE GROUP LLC 300 E LONBARD STREET SUITE 610 BALTIMORE MD 21202 CONSULTING 148600 9 2771185 3688691 213939 6459876 TUITION AND FEES 611710 24789752 24789752 AUXILIARY ENTERPRISES 611710 6451568 6451568 SWANNANOA GATHERING 611600 925199 925199 32166519 -272122 -272122 5078865 9980533 2072 -4901668 -2072 -4903740 -2072 -4901668 171952 344418 -172466 -172466 OTHER INCOME 900099 836990 836990 CHANGE IN VALUE OF SPLIT INTE 900099 543924 543924 CHANGE IN INTEREST RATE SWAP 100559 100559 10644 10644 1492117 34770184 32164447 -172466 -3681673 11292603 11292603 323410 323410 1299323 396707 763210 139406 14964717 12959961 1473279 531477 972831 831111 91299 50421 1421124 1227716 116122 77286 959788 740344 169136 50308 591809 591809 2037085 1777729 259356 INSTITUTIONAL SUPPORT & F 2738574 2594049 144525 AUXILIARY ENTERPRISES-OTH 1834360 1834360 STUDENT SERVICES-OTHER 1817841 1817841 INSTRUCTION-OTHER 1774612 1774612 1688007 1688007 43716084 36664401 6058260 993423 1850 750 10901082 9450612 1613435 1109799 842697 726311 163554 45759 52469 194481 280785 339199 321451 69849079 38693291 31902063 31155788 15296911 17660356 46599693 37103653 6980291 7884010 114717461 105909538 643119 614234 862129 943468 13702338 12956645 4666240 4007617 19873826 18521964 X 31054695 28781647 34506733 28227943 29282207 30377984 94843635 87387574 114717461 105909538 -8945900 1489839 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 77783 193295 205379 65699 false 65198540 764101 -3697211 1811204 2032241 58421985 61612768 1664432 4936937 1257768 1756779 1050 65198540 55604445 447618 8050656 1123071 1366630 250 61612768 51020460 2307494 4549816 1018222 1253582 1520 55604446 44624971 535142 7925351 940636 1123964 404 51020460 0.16070 0.52000 0.31930 true false 2964494 2964494 54662197 27826003 26836194 11585708 10435926 1149782 636680 431362 205318 31155788 LIMITED PARTNERSHIPS 36759437 F CASH EQUIVALENTS 344216 F 37103653 BENEFICIAL INTEREST IN CHARITABLE RE 5979420 CASH/EQUIVALENTS RESTRICTED TO INVES 1571309 CONSTRUCTION IN PROGRESS 307518 OTHER ASSETS 25763 7884010 ADVANCE TUITION & ROOM DEPOSITS 1714992 SWAP INSTRUMENT 1519251 ANNUITY PAYABLE 517214 OTHER 157916 OBLIGATIONS UNDER CAPITAL LEASE 98244 4007617 X 24988428 1489839 -11616013 -10126174 35114602 -344418 -344418 34770184 32444489 32444489 11271595 11271595 43716084 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE COLLEGE HOLDS FUNDS FOR A VARIETY OF ACADEMIC, INSTITUTIONAL, AND STUDENT GROUPS AND ACCOUNTS FOR ADDITIONS TO AND DISTRIBUTIONS FROM THESE FUNDS SEPARATELY. SCHEDULE D, PAGE 2, PART V, LINE 4 THE COLLEGE'S ENDOWMENT INVESTMENT AND SPENDING POLICIES WORK TOGETHER IN AN ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT ASSETS OVER THE LONG TERM THROUGH ADDITIONAL REAL GROWTH FROM INVESTMENT RETURNS. THE INVESTMENT POLICY SEEKS TO ACHIEVE A LONG-TERM RETURN OBJECTIVE OF AT LEAST 6% ABOVE INFLATION OVER A ROLLING 3-5 YEAR PERIOD, RELYING ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SPENDING POLICY FOR THE CURRENT YEAR CALCULATES THE DISBURSEMENTS FROM THE ENDOWMENT FUNDS BASED ON 7.3% OF THE AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS. THE INCREASED DRAW ABOVE 5% WAS USED TO OFFSET EXPENDITURES AS APPROPRIATE WITHIN THE OPERATING BUDGET, WITH THE FUNDS THUS DISPLACED USED TO CREATE THE STRATEGIC INVESTMENT FUND. THE SPENDING RATE FOR RESTRICTED FUNDS THAT DID NOT DISPLACE OTHER FUNDS WITHIN THE OPERATING BUDGET REMAINED AT 5%. THE SPENDING POLICY ALLOWS FOR THE PRESERVATION OF PRINCIPAL AS WELL AS CAPITAL APPRECIATION. SCHEDULE D, PAGE 3, PART X THE COLLEGE'S POLICY IS TO EVALUATE ALL TAX POSITIONS AND TO CONSULT WITH EXPERTS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS WILL BE ASSESSED AND MEASURED BY A REASONABLY POSSIBLE THRESHOLD TO DETERMINE IF THE BENEFIT OF AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGE IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON INCOME DERIVED FROM THE UNRELATED BUSINESS INCOME ACTIVITIES. THE COLLEGE'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2013, 2012, AND 2011 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE COLLEGE'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990T) FOR 2013, 2012, AND 2011 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -11,616,013 SCHEDULE D, PAGE 4, PART XI, LINE 4B UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -344,418 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 11,616,013 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -344,418 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINITORY POLICIES OF THE COLLEGE ARE MADE KNOWN TO ALL SCHOOLS AND AREAS VISITED BY THE ADMISSIONS PERSONNEL AS WELL AS IN ALL COLLEGE LITERATURE. SCHEDULE E, LINE 6 WARREN WILSON COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. OTHER SCHOLARSHIPS VARIOUS 21 323410 FMV false false false false false false true FEDERAL CAMPUS NEED-BASED 674 9511557 FAFSA RESU NC STATE CAMPUS NEED-BASE 133 596631 FAFSA RESU OTHER NEED BASED/MERIT 91 1184415 FAFSA/ACAD SCHEDULE I, PAGE 1, PART I, LINE 2 THE OFFICE OF ADVANCEMENT WORKS WITH DONORS TO ESTABLISH GUIDELINES FOR THE USE AND DISBURSEMENT OF ANY DONATED FUNDS ACCORDING TO THE DONOR'S WISHES AND WITHIN PRACTICAL AND LEGAL PROCESSES. THE DONOR'S RESTRICTIONS ("WISHES") ARE PUT IN WRITING WITH COPIES MAINTAINED IN THE ADVANCEMENT OFFICE, THE CONTROLLER'S OFFICE, AND THE FINANCIAL AID OFFICE, IF APPLICABLE. IF THE DONATION IS FOR GRANTS OR SCHOLARSHIPS TO BE DISTRIBTED BY THE FINANCIAL AID OFFICE, THE ASSISTANT DIRECTOR OF FINANCIAL AID MAINTAINS A SPREASHEET OF GRANT TITLES AND RESTRICTIONS WHICH ARE UPDATED AS NEEDED AS WELL AS A PERMANENT PAPER FILE. THE GRANTS OR SCHOLARSHIPS ARE "MATCHED" WITH AN ELIGIBLE RECIPIENT BY THE ASSISTANT DIRECTOR. THE ADVANCEMENT OFFICE WILL RECEIVE A LIST OF THESE RECIPIENTS IN THE FALL AND AN UPDATED LIST IN THE EARLY SPRING. THE ADVANCEMENT OFFICE REVIEWS THE LIST AND PREPARES LUNCHEON INVITATIONS FOR MOST OF THE RECIPIENTS AND DONORS. THE FINAL STEP IN THE PROCESS IS A RANDOM AUDIT CONDUCTED ONCE A YEAR BY AN OUTSIDE AUDIT FIRM. SCHEDULE I, PAGE 4, PART IV NEED-BASED GRANTS WERE AWARDED TO WARREN WILSON COLLEGE STUDENTS BASED ON FAFSA (FREE APPLICATION FOR STUDENT AID) RESULTS. FAFSA RESULTS ARE NOT REQUIRED TO BE CONSIDERED FOR MERIT SCHOLARSHIPS, BUT MANY OF THESE DOLLARS WERE USED TO MEET THE FEDERAL DEFINITION OF 'NEED'. X X true true X X X true false false false false false false false false STEVEN L SOLNICK EX-OFFICIO PRESIDENT 243770 49579 25000 12126 330475 JONATHAN EHRLICH FORMER VP ADMIN/FINA 124736 9192 5452 11238 150618 WILLIAM PFEIFFER FORMER PRESIDENT 102000 102000 DOUGLAS ORR JR FORMER PRESIDENT 45982 45982 SCHEDULE J, PAGE 1, PART I, LINE 4 JONATHAN EHRLICH 150,618 0 0 STEVEN L SOLNICK PRESIDENT RESIDENCE PURCHASE X 161424 163554 false true true 163554 MAEVE O'CONNOR PRESIDENT SPOUS SEE BELOW false DONNA READ DOMESTIC PARTNE SEE BELOW false SCHEDULE L, PART V O'CONNOR: WITH THE APPROVAL OF THE COLLEGE BOARD OF TRUSTEES, THE PRESIDENT'S WIFE RECEIVES 25,000 IN TAXABLE INCOME ANNUALLY FROM THE COLLEGE FOR THE PERFORMANCE OF CERTAIN OFFICIAL DUTIES AS THE SPOUSE OF THE PRESIDENT. READ: WITH COMPENSATION OF 30,600 SET BY THE PRESIDENT, MS. READ, THE DOMESTIC PARTNER OF THE VP OF ACADEMIC AFFAIRS AND DEAN OF THE COLLEGE, IS EMPLOYEED AS AN INSTRUCTOR IN OUTDOOR LEADERSHIP AND PHYSICAL EDUCATION. X 3 51317 X 1 162622 false true false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF WARREN WILSON COLLEGE IS TO PROVIDE A DISTINCTIVE UNDERGRADUATE AND GRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE'S UNDERGRADUATE EDUCATION COMBINES ACADEMICS, WORK, AND SERVICE IN A LEARNING COMMUNITY COMMITTED TO ENVIRONMENTAL RESPONSIBILITY, CROSS-CULTURAL UNDERSTANDING, AND THE COMMON GOOD. THE COLLEGE IS AN INDEPENDENT, ACCREDITED, FOUR-YEAR LIBERAL ARTS COLLEGE WHICH AWARDS THE BACHELOR OF SCIENCE DEGREE IN A VARIETY OF DISCIPLINES, THE BACHELOR OF ARTS DEGREE, AND THE MASTER OF FINE ARTS DEGREE IN CREATIVE WRITING. FORM 990, PAGE 2, PART III, LINE 4A EDUCATIONAL PROGRAM THAT ENABLES STUDENTS TO THINK CRITICALLY, OBTAIN AND EVALUATE INFORMATION EFFECTIVELY, AND COMMUNICATE CLEARLY, INTRODUCING THEM TO A VARIETY OF WAYS BY WHICH HUMANS ACQUIRE AND USE KNOWLEDGE, AND THAT PROVIDES STUDENTS WITH OPPORTUNITIES TO DEVELOP A BREADTH OF UNDERSTANDING AND TO MAKE CONNECTIONS AMONG AREAS CONSIDERED CRITICAL TO A LIBERAL ARTS CURRICULUM, REQUIRING THAT THEY DEMONSTRATE A DEPTH OF UNDERSTANDING THROUGH COMPETENCE IN ONE OR MORE ACADEMIC DISCIPLINES. ENVIRONMENTAL STUDIES IS THE MAJOR WITH THE LARGEST NUMBER OF STUDENTS, IN KEEPING WITH ANOTHER INSTITUTIONAL OBJECTIVE, THAT OF PROMOTING ENVIRONMENTAL RESPONSIBILITY THROUGH EDUCATION, CAMPUS OPERATIONS, POLICY, AND COMMUNITY OUTREACH. THE COLLEGE ALSO FURNISHES STUDENTS WITH OPPORTUNITIES TO UNDERSTAND AND APPRECIATE A VARIETY OF CULTURES, ASSISTING THEM IN DEVELOPING AWARENESS OF THE COMMONALITY OF HUMAN PROBLEMS AND THE DIVERSITY OF THE WORLD. TOWARD THESE ENDS, THE COLLEGE SPONSORED A NUMBER OF STUDY ABROAD DESTINATIONS IN BRAZIL, ITALY, TURKEY, CUBA, COSTA RICA, AND INDONESIA TO WHICH 75 STUDENTS TRAVELED, LED BY THE COLLEGE'S OWN FACULTY AND STAFF. IN ADDITION, 21 STUDENTS STUDIED ABROAD INDEPENDENTLY FOR THE SUMMER, SEMESTER, OR YEAR WITH PARTNER INSTITUTIONS OR OTHER U.S. ACCREDITED PROGRAMS IN TWO DIFFERENT AFRICAN NATIONS, FOUR LATIN AMERICAN NATIONS, SEVEN EUROPEAN NATIONS, THREE NATIONS IN ASIA, AND TWO NATIONS IN AUSTRALIA OCEANA. THE TRIAD CONCEPT OF EDUCATION ALSO LEADS STUDENTS INTO CONSIDERED REFLECTION ON THE MEANING AND VALUE OF WORK AND SERVICE TO OTHERS, GUIDING STUDENTS IN EXAMINING THEIR LIVES AND ARTICULATING THEIR BELIEFS AND VALUES, AND PROVIDES THEM WITH OPPORTUNITIES FOR PERSONAL, PHYSICAL, MORAL, AND SPIRITUAL DEVELOPMENT. TOWARDS THESE ENDS, THE COLLEGE ORGANIZED 115 DIVERSE WORK CREWS IN THE COLLEGE WORK PROGRAM DURING THE YEAR, WITH APPROXIMATELY 766 STUDENTS PARTICIPATING IN THE FALL OF 2013 AND 699 STUDENTS PARTICIPATING IN THE SPRING OF 2014. THE ANNUAL COLLEGE-WIDE WORK DAY YIELDED ABOUT 420 STUDENT PARTICIPANTS AND ABOUT 35 FACULTY/STAFF PARTICIPANTS. IN THE SERVICE AREA TRIAD, OVER 808 STUDENTS COMPLETED 52,291 VOLUNTEER HOURS AT 259 LOCAL, NATIONAL, AND INTERNATIONAL AGENCIES DURING THE YEAR. FOR THE COLLEGE'S ANNUAL SERVICE DAY, OVER 350 STUDENTS, FACULTY, AND STAFF PARTICIPATED AT 18 SITES. FORM 990, PAGE 6, PART VI, LINE 4 IN OCTOBER 2013 THE BOARD OF TRUSTEES RESOLVED TO AMEND THE BY-LAWS OF THE COLLEGE TO INCLUDE FACULTY EX OFFICIO BOARD MEMBERS AS FOLLOWS: A) THE PRESIDENT, THE PRESIDENT OF THE ALUMNI ASSOCIATION, THE CHAIR OF THE COUNCIL OF VISITORS OF THE COLLEGE, THE CHAIR OF THE CHURCH RELATIONS COUNCIL AND A REPRESENTATIVE FROM ONE OF THE PRESBYTERIES WITH WHICH THE COLLEGE HAS A COVENANT RELATIONSHIP. B) FORMER BOARD CHAIRS. C) ONE FACULTY TRUSTEE AND ONE STAFF TRUSTEE. D)ONE STUDENT TRUSTEE. IN OCTOBER 2013 THE BOARD OF TRUSTEES RESOLVED TO AMEND THE BY-LAWS OF THE COLLEGE TO INCLUDE THE FOLLOWING LIST OF OFFICERS: A) PRESIDENT, B) VP OF ACADEMIC AFFAIRS AND DEAN OF THE COLLEGE, C) VP FOR ADMINISTRATION AND FINANCE AND CFO, D) VP FOR ADVANCEMENT, E) VP FOR ENROLLMENT AND MARKETING, F) DEAN OF STUDENTS, G) DEAN OF SERVICE, H) DEAN OF WORK. IN FEBRUARY 2014 THE BOARD OF TRUSTEES APPROVED A MOTION TO AMEND THE BY- LAWS TO READ "NO LOANS SHALL BE MADE BY THE COLLEGE TO ANY OF ITS TRUSTEES OR OFFICERS OF THE BOARD. LOANS TO OFFICERS OF THE COLLEGE MAY BE MADE AS A CONDITION OF EMPLOYMENT." IN FEBRUARY 2014 THE BOARD OF TRUSTEES APROVED A MOTION TO AMEND THE BY- LAWS TO READ "OFFICERS SHALL SERVE FOR A TERM OF TWO YEARS AND UNTIL THEIR SUCCESSORS HAVE BEEN ELECTED." FORM 990, PAGE 6, PART VI, LINE 11B UPON RECEIVING THE DRAFT COPY OF FORM 990, CERTAIN QUESTIONS THAT ARISE ARE DISTRIBUTED TO THE APPROPRIATE STAFF. KEY PERSONNEL AND TRUSTEES REVIEW THE FORM 990 BEFORE IT IS SIGNED, INCLUDING THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE/CHIEF FINANCIAL OFFICER AND THE CONTROLLER, AND THE CHAIR OF THE STANDING AUDIT COMMITTEE AND THE CHAIR OF THE BOARD. THE FULL BOARD IS PROVIDED THE OPPORTUNITY TO REVIEW THE COPY OF THE RETURN WITHOUT SCHEDULE B ON ITS PASSWORD-PROTECTED WEBSITE, WITH A NOTICE THAT THE FULL SCHEDULE B IS AVAILABLE FOR REVIEW IN THE CONTROLLER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY, LAST AMENDED ON OCTOBER 2, 2007, WHICH SPECIFIES IN DETAIL THOSE CIRCUMSTANCES GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST ON THE PART OF THE COLLEGE TRUSTEES. PURSUANT TO THIS POLICY, TRUSTEES MUST FILE AN ANNUAL REPORT SPECIFYING ANY RELATIONSHIPS OR ACTIVITIES WHICH MIGHT POSSIBLY CONSTITUTE A CONFLICT. THESE REPORTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD AS WELL AS THE CHAIR OF THE BOARD OF TRUSTEES AND ANY ISSUES RAISED BY A SPECIFIC REPORT ARE RESOLVED ACCORDING TO THE PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY. A SIMILAR POLICY FOR EMPLOYEES OF THE COLLEGE WAS APPROVED AT A STAFF FORUM ON MARCH 23, 2011 AND DEFINES CONFLICT OF INTEREST AND RELATED TERMS AND OUTLINES A PROCEDURE FOR DISCLOSURE, REPORTING AND COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE'S CURRENT POLICY IS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC ON A CASE-BY-CASE, NEED-TO-KNOW BASIS, RESERVING THE RIGHT TO WITHHOLD THIS INFORMATION IN SITUATIONS DEEMED POTENTIALLY HARMFUL TO THE COLLEGE. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON VARIOUS WEBSITES, AND UPON REQUEST BY DONORS, FOUNDATIONS, AND AGENCIES. FORM 990, PART XI, LINE 9 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL -11,616,013 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY 344,418 SCHOLARSHIPS/FELLOWSHIPS NETTED WITH TUITION ON FINANCIAL 11,616,013 UNRELATED BUSINESS COST OF GOODS SOLD REPORTED SEPARATELY -344,418