2014-05-13T13:34:43-05:00 2013-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2012-07-01 356014491 EARLHAM FOUNDATION CO EARLHAM COLLEGE % SENA K LANDEY EARL 7659831200 801 NATIONAL ROAD WEST Suite RICHMOND IN 47374 SENA K LANDEY 7659831200 2014-05-15 true 3173834000 2012 2015-11-30 17:44:51Z SENA K LANDEY TREASURER 801 NATIONAL ROAD WEST RICHMOND IN 47374 42419993 false X N/A X 1931 IN THE EARLHAM FOUNDATION RECEIVES AND HOLDS PERMANENTLY RESTRICTED AND UNRESTRICTED GIFTS MADE TO BOTH EARLHAM COLLEGE AND THE EARLHAM SCHOOL OF RELIGION. SEE ATTACHMENT 1. 9 8 0 0 0 2442654 2668661 0 0 10302446 11246670 0 0 12745100 13915331 12832847 18485015 0 0 0 0 0 0 0 399190 344523 13232037 18829538 -486937 -4914207 205962790 213119495 0 0 205962790 213119495 X THE EARLHAM FOUNDATION RECEIVES AND HOLDS PERMANENTLY RESTRICTED GIFTS MADE TO EARLHAM COLLEGE (INCLUDING THE EARLHAM SCHOOL OF RELIGION) AS WELL AS UNRESTRICTED GIFTS DESIGNATED BY THE COLLEGE OF TRUSTESS AS QUASI-ENDOWMENT. THE FOUNDATION INVESTS THESE FUNDS AND RELEASE QUARTERLY DISTRIBUTIONS OF EARNINGS TO EARLHAM COLLEGE AND EARLHAM SCHOOL OF RELIGION TO SUPPORT THEIR OPERATIONS. false false 18485015 18485015 MANAGING THE INVESTMENT PORTFOLIO FOR ENDOWED AND QUASI-ENDOWED FUNDS FOR THE BENEFIT OF EARLHAM COLLEGE AND EARLHAM SCHOOL OF RELIGION STUDENTS. 18485015 false true false false false false false true false false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true false IN X SENA K LANDEY 7659831200 801 NATIONAL ROAD WEST RICHMOND IN 47374 THOMAS JOHNSON 1.0 X 0 0 0 DAVID JOSE 1.0 X 0 0 0 NORMAN HERBERT 5.0 X X 0 0 0 RONALD MCDANIEL 1.0 X 0 0 0 BRENT TAYLOR 1.0 X 0 0 0 SENA LANDEY 5.0 50.0 X X 0 184677 20912 MARK NEWLIN 5.0 X X 0 0 0 TANIA DENG 1.0 X 0 0 0 JOSEPH HEDRICK 1.0 X 0 0 0 PHILLIP MORGAN 40.0 10.0 X 0 92448 17598 CATHERINE HABSCHMIDT 5.0 45.0 X 0 85699 8044 0 362824 46554 0 false true false 0 2668661 2668661 0 2242395 2242395 0 0 0 0 0 37508937 28504662 9004275 9004275 9004275 0 0 0 0 13915331 11246670 18485015 18485015 0 0 0 0 0 0 0 0 0 0 0 0 0 0 344523 344523 0 0 0 0 0 0 0 0 0 0 0 0 0 18829538 18485015 344523 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 205962790 213119495 0 0 0 0 0 0 0 0 205962790 213119495 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 44722130 39611736 101590500 112134753 59650160 61373006 205962790 213119495 205962790 213119495 -4914207 12070912 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 205962790 2668661 23317582 18485015 344523 213119495 218274496 2442654 -1522323 12832847 399190 205962790 175917882 6750516 48716146 12711903 398145 218274496 163737529 3296065 22694921 13413914 396719 175917882 226187715 665853 -49342893 13283527 489619 163737529 0.24160 0.32650 0.43190 false false 83036925 12070912 57395205 69466117 13570808 344523 344523 13915331 52522469 34037454 34037454 18485015 344523 344523 18829538 INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 EARLHAM'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE COLLEGE. IN ADDITION TO THE $213,119,495 IN ENDOWED FUNDS REPORTED HERE, A RELATED PARTY, EARLHAM COLLEGE ALSO DIRECTLY HOLDS $140,093,077 IN ENDOWED FUNDS. THE CONSOLIDATED ENDOWMENT BALANCE FOR THE BENEFIT OF EARLHAM COLLEGE IS $353,212,572. FIN 48 DISCLOSURE SCHEDULE D, PART X MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 2D INCOME REPORTED ON EARLHAM COLLEGE $ 57,395,205 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 2D EXPENSES REPORTED ON EARLHAM COLLEGE $ 34,037,454 true EARLHAM COLLEGE 801 NATIONAL ROAD WEST RICHMOND IN 47374 350868073 501(c)(3) 18485015 N/A N/A SUPPORT 1 RECIPIENTS OF GRANTS SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE MADE SOLELY TO EARLHAM COLLEGE FOR EDUCATIONAL PURPOSES. false false false SENA LANDEY 0 184677 0 20912 0 205589 PROCESS TO REVIEW FORM 990 FORM 990, PART VI, QUESTION 11B A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE FULL GOVERNING BODY PRIOR TO ITS FILING. THE RETURN WAS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. CONFLICT OF INTEREST FORM 990, PART VI, QUESTION 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT OFFICERS AND DIRECTORS DISCLOSE ANY SITUATIONS THAT MAY RESULT IN A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. QUESTIONNAIRES MUST BE COMPLETED ANNUALLY BUT UPDATED SOONER IF A PERSON'S SITUATION CHANGES. DISCLOSURES ARE SUMMARIZED AND REVIEWED BY THE AUDIT COMMITTE OF THE EARLHAM BOARD OF TRUSTEES. IF AN OFFICER OR DIRECTOR HAS A CONFLICT, THEY WILL NOT PARTICIPATE IN THE DECISION-MAKING PROCESS. PROCESS TO DETERMINE CEO, OFFICER, & KEY EMPLOYEE COMPENSATION FORM 990, PART VI, LINES 15A & 15B THE EARLHAM FOUNDATION DOES NOT COMPENSATE ANY OFFICERS, DIRECTORS, OR EMPLOYEES. THE RELATED COMPENSATION IS PAID TO OFFICERS BY EARLHAM COLLEGE. AVAILABILITY OF ORGANIZATION'S GOVERNING DOCS, COI, & FINANCIAL STATEMENTS FORM 990, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. EARLHAM COLLEGE 801 NATIONAL ROAD WEST RICHMOND IN 47374 350868073 EDUCATION IN 501(C)(3) 2 NA false false true true false false false false false false false false false false false true false false false false EARLHAM COLLEGE B 18485015 SEE PART VII EARLHAM COLLEGE O 174536 SEE PART VII EARLHAM COLLEGE C 2668661 SEE PART VII METHOD USED IN DETERMINING AMOUNTS INVOLVED WITH RELATED ORGANIZATIONS SCHEDULE R, PART V, LINE 2 (1) CASH CONTRIBUTED (2) ALLOCATION OF PAYROLL EXPENSE (3) VALUE PER FINANCIAL STATEMENTS