2014-05-13T16:16:08-05:00 2013-06-30 910189318 Moss Adams LLP 3121 W March Lane Stockton CA 95219 990 2012-07-01 952261113 Pitzer College PITZ 9096218043 1050 N Mills Avenue Claremont CA 917116101 Yuet K Lee 9096218043 2014-05-05 1 TRACY S PAGLIA P00366884 2099556100 2012 2015-11-30 17:44:51Z Laura Skandera Trombley 1050 N Mills Avenue Claremont CA 917116101 167070118 0 X www.pitzer.edu X 1963 CA Pitzer College is an educational institution focusing on undergraduate education. 38 37 1096 350 20178 13544 5665891 14671036 57806414 59455627 4926565 5317051 328016 495075 68726886 79938789 12770514 12277343 0 0 25974582 26288830 0 0 1568963 25308571 28155798 64053667 66721971 4673219 13216818 240180991 254466021 98912838 94875072 141268153 159590949 X Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities. 0 0 59068241 12277343 59455627 Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,037 students. 59068241 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1819 0 1 1096 1 1 1 1 NP IT CS 0 0 0 0 0 0 0 1 0 X 38 37 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo Claremont University Co 9096218043 101 S Mills Ave Claremont CA 91711 Robin Kramer 4.00 1.00 X X 0 0 0 William G Brunger 1.00 X X 0 0 0 Hirschel B Abelson 5.80 X 0 0 0 Martin B Adelstein 1.00 X 0 0 0 Bridget Baker 1.60 X 0 0 0 Robert Bookman 1.00 X 0 0 0 Donnaldson Brown 1.00 X 0 0 0 Harold Brown 2.00 X 0 0 0 Steven Chang 2.00 X 0 0 0 Richard Cook 1.00 X 0 0 0 Richard D'Avino 1.50 X 0 0 0 Susan Dolgen 1.00 X 0 0 0 Vicki Kates Gold 1.00 X 0 0 0 Gilbert Gonzales 1.00 X 0 0 0 Donald P Gould 2.50 X 0 0 0 Susan Hollander 1.00 X 0 0 0 Deborah Bach Kallick 2.00 X 0 0 0 John Landgraf 1.00 X 0 0 0 Mark London 3.00 X 0 0 0 Magdalena Marquet 1.00 X 0 0 0 Julie Mazer 1.00 X 0 0 0 Joyce Ostin 1.00 X 0 0 0 Arnold Palmer 2.00 X 0 0 0 Shana Passman 1.00 X 0 0 0 Ann E Pitzer 1.00 X 0 0 0 Paula B Pretlow 1.00 X 0 0 0 Susan S Pritzker 1.00 X 0 0 0 Robert Redford 1.00 X 0 0 0 Alissa Okuneff Roston 1.00 X 0 0 0 Edwin Ryu 2.00 X 0 0 0 Steven R Scheyer 1.00 X 0 0 0 Margot Levin Schiff 1.00 X 0 0 0 William D Sheinberg 1.00 X 0 0 0 Shahan Soghikian 1.00 X 0 0 0 Lisa Specht 4.00 X 0 0 0 Eugene P Stein 2.00 X 0 0 0 Charlie Woo 2.00 X 0 0 0 Laura Trombley 70.00 2.00 X X 485318 0 224129 S Mohan Chandramohan 1.00 X 0 0 0 Yuet Lee 40.00 1.00 X 241320 0 29374 Lori M Yoshino 40.00 X 126144 0 35014 Jennifer Berkley 40.00 1.00 X 107300 0 17604 Mia Alonzo 4.00 21.00 X 0 117221 26370 Alan Jones 40.00 X 229078 0 51085 Adrian Stevens 40.00 X 210397 0 40533 Angel Perez 40.00 X 166037 0 24977 Dana Ward 40.00 X 247815 0 40657 Ntongela Masilela 40.00 X 230703 0 33603 Kathryn Miller 40.00 X 210666 0 18268 Nigel Boyle 40.00 X 191528 0 39371 Albert Wachtel 40.00 X 152983 0 31871 2599289 117221 612856 42 0 1 0 PCL Construction Services Inc 700 N Central Ave Ste 700 Glendale CA 91203 Construction 13897667 Bon Appetit 1000 West Temple Street Los Angeles CA 90074 Food Service Contractor 2575531 Perera Construction & Design Inc 2890 Inland Empire Blvd Suite 102 Ontario CA 91764 Construction 539622 LPA Inc PO Box 7399 Newport Beach CA 92658 Architect 477005 Wittler Young Co Inc 2400 Forney St Los Angeles CA 90031 Air Conditioning 337400 15 2170 813241 13855625 153090 14671036 Tuition and fees 611600 47442321 47442321 Auxiliary enterprises 611710 10878760 10878760 Summer conferences 611710 1125601 1125601 Private contracts 900099 8940 8940 Interest-student loans 611710 5 5 59455627 2708545 -9646 2718191 97726 97726 89633998 87032879 90339 2601119 -90339 2510780 29824 2480956 18300 2170 8111 10189 10189 Other sources 900099 484886 484886 484886 79938789 59455627 20178 5791948 12277343 12277343 2294393 1112777 930436 251180 17897369 16125336 1196991 575042 2291002 2016302 202196 72504 2423719 2196561 140670 86488 1382347 1166927 161619 53801 169134 129008 40126 138272 4032 134240 116647 116647 332003 332003 1338838 1332972 5069 797 1022013 705453 7673 308887 1694339 1518958 70067 105314 460399 169838 285561 5000 837746 791986 39155 6605 1211003 1067118 99388 44497 364639 337848 26555 236 3953098 3894356 58742 8161526 6639143 1520373 2010 3579131 3383114 196017 196677 7866 188811 Food and housing 3059317 3059317 Building repair 920484 898763 18500 3221 Books & periodicals 14359 14235 124 586173 218988 313928 53257 66721971 59068241 6084767 1568963 1228072 737887 14666981 24802478 3903962 10791022 1409677 1968153 268539 252522 2771226 3243200 123187512 33125349 84183762 90062163 80324890 82002438 44142408 33478568 5208063 4983383 2073411 2144207 240180991 254466021 10051056 7179251 2319420 1360775 80055097 78693033 369006 268458 6118259 7373555 98912838 94875072 X 89586714 96968613 21649676 29358539 30031763 33263797 141268153 159590949 240180991 254466021 X 13216818 6154592 -1048614 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110612081 2284824 10827503 646432 3715622 311791 119050563 114169993 736362 -836804 429123 2616042 412305 110612081 94577476 3121095 18474522 237969 1385016 380115 114169993 77463651 6467107 11002922 356204 94577476 100192897 4705127 -22562428 810580 3880661 180704 77463651 0.60000 0.26000 0.14000 1 0 1096724 1096724 113558994 27374101 86184893 8531794 5751248 2780546 90062163 14564 C Funds held in trust by others 4240162 F Limited Partnerships 29223842 F 33478568 Government advances for student loans 3171574 Annuities payable 204669 Early retirement liability 3116711 Asset retirement obligation 880601 7373555 X 72508428 6154592 -1048614 5105978 67402450 323098 12213241 12536339 79938789 54236224 50592 50592 54185632 323098 12213241 12536339 66721971 Description of Intended Use of Endowment Funds: Part V, Line 4: The College uses the income from the endowment funds per the requirements of the donor. Such income is used for grants, scholarships, professorships, lectures and general operations of the College. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The College had no uncertain tax positions and/or obligations at June 30, 2013 and 2012. Part XI, Line 2d - Other Adjustments: Actuarial Adjustments 11,780. Retirement plans comprehensive loss -1,060,394. Part XI, Line 4b - Other Adjustments: Student Financial aid 12,213,241. Part XII, Line 2d - Other Adjustments: Expenses reported on Pitzer College Costa Rica's return 50,592. Part XII, Line 4b - Other Adjustments: Student Financial aid 12,213,241. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 Students applying to the college receive registration materials that state the nondiscrimination policy. The policy is also published on the Pitzer College website. www.pitzer.edu Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Pitzer College participates in the Pell Grant, Supplemental Educational Opportunity Grant, Cal Grants, College Work-Study and Perkins Loan programs. South Asia 1 1 Program services Education 343149 Europe (including Iceland and Greenland) 1 1 Program services Education 236378 Central America and the Caribbean 1 1 Program services Education 293212 Sub-Saharan Africa 1 1 Program services Education 274768 East Asia and the Pacific 1 1 Program services Education 370115 South America 1 1 Program services Education 229966 Central America and the Caribbean 0 0 Investments 10544248 Europe 0 0 Investments 310010 6 6 0 0 6 6 12601846 0 12601846 1 0 0 0 1 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: Funds are sent via wire to the director in charge of the program. Receipts for all expenses are sent to the Treasurer's office where they are reconciled, translated into US currency and recorded. Actual expenses are recorded each year except for some expenses at the end of the year that are estimated and reconciled in the following year when the receipts are received. Auction 20470 2170 18300 8111 20470 2170 18300 8111 8111 10189 1 Institutional Grant Aid 425 12039892 Supplemental Educational Opportunity Grant 62 173351 Stipends 42 64100 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Pitzer College awards scholarships only to individual undergraduate students. These scholarships are awarded based upon academic achievement and/or demonstrated financial need. The Financial Aid Office, with the assistance of the Registrar's Office, monitor student enrollment each semester to ensure that students remain qualified for financial aid. The College also awards tuition to dependents of its employees who meet the requirements of the College's Tuition Remission Program. Employee dependent's must be enrolled at one of the undergraduate schools of The Claremont Colleges. Tuition is paid directly to the undergraduate college after grades are submitted to the Human Resources Office as evidence of course completion. X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 Laura Trombley 467016 0 0 0 18302 0 183334 0 40795 0 709447 0 0 0 Yuet Lee 238083 0 0 0 3237 0 28800 0 574 0 270694 0 0 0 Lori M Yoshino 125304 0 0 0 840 0 15847 0 19167 0 161158 0 0 0 Alan Jones 207704 0 0 0 21374 0 28253 0 22832 0 280163 0 0 0 Adrian Stevens 207978 0 0 0 2419 0 25560 0 14973 0 250930 0 0 0 Angel Perez 164455 0 0 0 1582 0 19800 0 5177 0 191014 0 0 0 Dana Ward 247815 0 0 0 0 0 30000 0 10657 0 288472 0 0 0 Ntongela Masilela 230703 0 0 0 0 0 27805 0 5798 0 264306 0 0 0 Kathryn Miller 105184 0 0 0 105482 0 12748 0 5520 0 228934 0 0 0 Nigel Boyle 112114 0 0 0 79414 0 22748 0 16623 0 230899 0 0 0 Albert Wachtel 145483 0 0 0 7500 0 17677 0 14194 0 184854 0 0 0 Part I, Line 1a Any of the items checked above are provided only as documented in a particular individual's contract with the College. President is required to live in a Pitzer owned or leased residence as part of her contract. All maintenance expenses related to the house are paid by Pitzer. Part I, Line 4b Part II, line 4b: President Laura Trombley participates in a Section 457(f) supplemental nonqualified plan. A payment was made to the President in July of 2010 for the amount that vested on June 30, 2010. In accordance with the terms of the President's Employment Agreement dated July 1, 2010, additional amounts will vest on June 30, 2013 and June 30, 2016 if the President continues in the College's employ through these dates. If the President's employment ceases due to the President's death, termination by the College without Cause or resignation for Good Reason, a prorated amount of the President's Section 457(f) contributions from date of employment agreement, July 1, 2010, through date of termination will vest. Vested amounts will be paid within two and one half months of the vesting date. A California Educational Facilities Authority Series 2009 521705592 130178UR5 2009-11-18 63724597 Facility construction & improvement, refinance CEFA Series 1999 and 2005B 0 0 0 B California Educational Facilities Authority Series 2005A 521705592 1301754Q2 2005-04-29 16335084 Facility construction & improvement 0 0 0 A 1135000 63879145 3967401 275206 792003 35289338 24159138 2013 0 1 0 1 B 18499925 8 241084 18250366 2010 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 1 1 B 0 0 0 1 0 0 0 1 1 A 1 B 1 Schedule K Part IV, Arbitrage, Line 2c Date Rebate Computation Performed Issuer Name: California Educational Facilities Authority Series 2009 Date the Rebate Computation was Performed: 11/12/2012 Issuer Name: California Educational Facilities Authority Series 2005A Date the Rebate Computation was Performed: 09/07/2010 Part II, Line 3, Column A and B Explanation of difference between line 3 and issue price: Investment income. X 1 25000 minimum bid for auction X 17 128090 FMV 0 0 1 1 Third Party Use: Part I, Line 32b: Morgan Stanley Smith Barney is used to sell stock gifts for Pitzer College. Form 990, Part VI, Section A, line 2 Alan Jones, VP/Dean of Faculty and Jennifer Berkley, Secretary to the Board of Trustees are married. As of August 1, 2012, Alan Jones retired from the V/P Dean of Faculty position. Form 990, Part VI, Section B, line 11 The form is reviewed by the Audit Committee. A copy of the 990 is provided electronically to each member of the Board, excluding emeriti Trustees who are non-voting members. Form 990, Part VI, Section B, line 12c Pitzer has a Conflict of Interest Policy that prohibits trustees, officers and employees from using their positions and knowledge in any way that could create a conflict between the interests of the College and their own interests. The policy also requires that trustees, officers or other employees promptly report to the Trustee Audit Committee, any transaction or situation, pertaining to themselves or others, that may be a conflict of interest. Each trustee, officer and senior administrator must annually sign a statement documenting any existing or potential conflict of interest. The results of this annual reporting are reviewed by the Trustee Audit Committee. If any conflicts were identified during this documentation process, the Trustee Audit Committee would report this to the full board for their review and action, if warranted. In addition, it is the practice of trustees to recuse themselves from discussion and voting in circumstances where there may be a potential conflict of interest. Form 990, Part VI, Section B, line 15 The College uses benchmark salary data from comparable higher education institution groups for all employees, including executive management positions. Salaries are also reviewed in relation to performance as evidenced by annual written performance evaluations and years in position. Compensation for Pitzer's top executives is reviewed and approved by the Trustee Compensation Committee whose charge, drawn from the bylaws, is as stated below: 4.22 (a)(i) Compensation Committee. There shall be a subcommittee of the Executive Committee known as the Compensation Committee that shall review and approve the compensation, including benefits, of all of the following: (a) the President, (b) the Treasurer, and (c) every person, regardless of title, with powers, duties or responsibilities comparable to a president, chief executive officer, treasurer or chief financial officer. The review shall be conducted in a accordance with California Government Code Section 125856(g). The Compensation Committee shall be composed of independent Trustees and shall not include the President or Treasurer. In addition to the President and Treasurer, the Trustee Compensation Committee reviews and approves compensation for the Vice President of Academic Affairs as this position is desginated to act as the chief executive officer in exigency. For the Treasurer and Vice President of Academic Affairs, the Compensation Committee reviews and approves recommended compensation after reviewing performance, and salary and benefits in relation to the average salary and benefits packages of selected peer organizations and years in position. Minutes of the committee and the analyses are kept in confidentiality, limited to the committee, the President, the Secretary of the Board, the Vice President for Administration and Finance/Treasurer, and the Director of Human Resources. The Director of Human Resources retains the minutes and analyses as documentation of this process. President's contract: As outlined in Pitzer College's by-laws, the Board's Executive Committee annually conducts a performance review of the President. Under the by-laws, if any changes to the President's employment contract, including salary and benefits, are considered appropriate and necessary, these changes are constructed carefully by the Compensation Committee, in discussions with the President, reviewed by the Executive Committee and submitted to the full Board of Trustees for discussion and approval. In particular, the Board discusses the President's performance, the external market for comparable presidents at peer liberal arts colleges and the overall needs and means of Pitzer College. After discussion, and given the importance that the Board attaches to its supervision of the President, the Board attempts to achieve a consensus in favor of -- and then formally approves -- all compensation decisions. A couple of years ago, the Compensation Committee, the Executive Committee and the Board of Trustees decided that, under these policies, it was appropriate and necessary to extend the President's contract for an additional period to coincide with the College's strategic planning horizon and its pending capital fund-raising campaign. As a result, under the process described above, the two committees and the Board, in consultation with independent compensation experts and legal counsel, considered a new contract for the President contract, effective July 1, 2010, for a five-year period, and it was approved by the Board of Trustees. The deliberations and review included the President's exceptional performance, her years in position and the external market for comparable presidents at a large cohort group of peer liberal arts colleges, as summarized in a report prepared by independent compensation consultants. The Board approved the new contract by consensus, its final formal vote being unanimous. The new contract was then executed by the President and the Board Chair. Form 990, Part VI, Section C, line 19 - Governing documents are not available to the general public - Conflict of interest policy is not available to the public - Audited financial statements are available on the College's website Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Actuarial adjustment 11,780. Retirement plans comprehensive loss -1,060,394. Claremont University Consortium 101 S Mills Ave Claremont CA 91711 954786748 Support Claremont colleges CA 501(c)(3) 11a, Type I N/A 0 Pitzer College - Costa Rica 101 S Mills Ave Claremont CA 91711 320152376 Conservation easement for forest conservation CA 501(c)(3) 11a, Type I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0