2014-03-06T14:10:43-06:00 2013-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2012-07-01 350868202 WABASH COLLEGE % LARRY GRIFFITH WABA 7653616100 PO BOX 352 Suite CRAWFORDSVILLE IN 47933 LARRY GRIFFITH 7653616100 2014-05-15 true 3173834000 2012 2015-11-30 17:44:51Z GREGORY HESS PO BOX 352 CRAWFORDSVILLE IN 47933 259056134 false X WWW.WABASH.EDU X 1832 IN WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. 38 35 1243 -589172 -108000 18083278 10158850 32962434 34266487 17782516 19005000 205601 227677 69033829 63658014 15478354 16120670 0 0 23597567 24927760 0 0 3046806 25114198 23041797 64190119 64090227 4843710 -432213 479681725 491249849 83859825 78978667 395821900 412271182 WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. false false 54672694 16120670 34411101 INSTRUCTION - INSTITUTIONS'S ACADEMIC INSTRUCTION PROGRAM. STUDENT SERVICES AND ATHLETICS - ACTIVITIES WHOSE PRIMARY GOAL IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AS WELL AS INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF CLASS. ACADEMIC SUPPORT AND LIBRARY - SUPPORT SERVICES FOR INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. INCLUDES LIBRARY AND COMPUTER SERVICES. 905 STUDENTS SERVED. 54672694 true true false false false false false true false true true true false false true false true false true false true true true false false false false true true true true false false false false false false false false false true true true false false false true false false false true 322 0 true 1243 true true true false false false false false false false false false X 38 35 true false false false true true false true true false false true true true true true true true true false IN X LARRY GRIFFITH 7653616212 PO BOX 352 CRAWFORDSVILLE IN 47933 X PATRICK WHITE 50.0 X X 251719 0 39136 FRED RUEBECK 20.0 X X 50000 0 0 JAY R ALLEN 1.0 X 0 0 0 ALLAN ANDERSON 1.0 X 0 0 0 JOSEPH BARNETTE JR 1.0 X 0 0 0 STEPHEN BOWEN 1.0 X 0 0 0 DAVID BROECKER 1.0 X 0 0 0 RICHARD CALACCI 1.0 X 0 0 0 KEVIN CLIFFORD 1.0 X 0 0 0 WILLYERD COLLIER 1.0 X 0 0 0 JAMES CUMMING 1.0 X 0 0 0 JAMES DAVLIN 1.0 X 0 0 0 G MICHAEL DILL 1.0 X 0 0 0 JOHN FOX JR 1.0 X 0 0 0 ROBERT GRAND 1.0 X 0 0 0 TED GROSSNICKLE 1.0 X 0 0 0 THEODORE HOLLAND 1.0 X 0 0 0 DARYL JOHNSON 1.0 X 0 0 0 PETER KENNEDY III 1.0 X 0 0 0 JAMES KILBANE 1.0 X 0 0 0 RADE KLJAJIC 1.0 X 0 0 0 DAVID LEWIS 1.0 X 0 0 0 HARRY MCNAUGHT JR 1.0 X 0 0 0 ALEX MILLER 1.0 X 0 0 0 KELLY PFLEDDERER 1.0 X 0 0 0 GARY REAMEY 1.0 X 0 0 0 JOHN SCHROEDER 1.0 X 0 0 0 DAVID SHANE 1.0 X 0 0 0 K DONALD SHELBOURNE 1.0 X 0 0 0 WALTER SNODELL III 1.0 X 0 0 0 JOSEPH TURK 1.0 X 0 0 0 WILLIAM WHEELER 1.0 X 0 0 0 FREDERICK WILSON JR 1.0 X 0 0 0 PETER WILSON 1.0 X 0 0 0 PAUL WOOLLS 1.0 X 0 0 0 RAY JOVANOVICH 1.0 X 0 0 0 JEFFERY PERKINS 1.0 X 0 0 0 JAY WILLIAMS 1.0 X 0 0 0 GARY PHILLIPS 50.0 X 171094 0 27495 LARRY GRIFFITH 50.0 X 163109 0 26663 STEVEN KLEIN 50.0 X 126852 0 26853 JOSEPH EMMICK 50.0 X MICHAEL RATERS 50.0 X 105198 0 22681 JAMES AMIDON 50.0 X 107477 0 20835 JONATHON STERN 50.0 X 57643 0 10951 DWIGHT WATSON 50.0 X 114777 0 18495 CHARLES BLAICH 50.0 X 134593 0 25875 L DAVID POLLEY 50.0 X 108659 0 17975 RICHARD DALLINGER 50.0 X 104642 0 20574 TOBEY HERZOG 50.0 X 120077 0 22158 1615840 0 279691 20 false true false SODEXO INC AFFILIATES 10 EARHARD DRIVE WILLIAMSVILLE NY 14221 MAINTENANCE SERVICES 3362161 BON APPETIT DINING SERVICES 100 HAMILTON AVE SUITE 300 PALO ALTO CA 94301 FOOD SERVICE 1678245 RAC CONSTRUCTION 2040 PLUMMER ROAD MARTINSVILLE IN 46151 CONSTRUCTION 341870 MINDPOWER INCORPORATED 337 GEORGIA AVE SE ATLANTA GA 30312 COMPUTER SOFTWARE 153844 BKD LLP 201 N ILLINOIS ST STE 700 INDIANAPOLIS IN 46244 ACCOUNTING 143695 11 10158850 920996 10158850 TUITION & FEES 611600 29477714 29477714 FRATERNITY LEASES 531110 1013100 1013100 STUDENT ROOM & BOARD 611710 2809520 2809520 ATHLETIC FACILITY REVENUE 713940 938241 938241 OTHER INCOME 611710 27912 27912 34266487 10057380 -672235 10729615 0 0 0 0 0 203836306 194888686 8947620 8947620 8947620 0 0 737111 509434 227677 144614 83063 0 63658014 34411101 -589172 19677235 619472 619472 15483698 15483698 17500 17500 0 1895531 1566332 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X 201626892 212137644 86106584 84311986 108088424 115821552 395821900 412271182 479681725 491249849 X -432213 14420284 2461211 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 317968783 6774550 35218016 2840057 16486548 845021 339789723 331924878 5542318 269907 2740317 16075669 952334 317968783 287383239 4027977 57542864 2769877 13466711 792614 331924878 256920735 5223943 42744515 2705690 13920484 879780 287383239 351025806 4013570 -76929235 3105066 17040461 1043879 256920735 0.53760 0.46090 0.00150 false false 8581435 8581435 142859593 44828906 98030687 16200623 13395410 2805213 5683 5683 109423018 ALTERNATIVE INVESTMENTS 140399885 F 140399885 0 PROVISION FOR EARLY RETIREMENT 451944 POST-RETIREMENT BENEFIT OBLIG. 21291879 SWAP TERMINATION 2737906 ANNUITIES AND TRUSTS PAYABLE 4460568 28942297 62068150 14420284 509434 14929718 47138432 845021 15674561 16519582 63658014 48080079 509434 509434 47570645 845021 15674561 16519582 64090227 FOOTNOTES TO FINANCIAL STATEMENTS SCHEDULE D, PART III, LINE 1A THE COLLEGE'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE'S COLLECTIONS CONSIST PRIMARILY OF BOOKS, ARTWORK AND SCIENTIFIC ARTIFACTS. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE DISPOSITION OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. FURTHERANCE OF EXEMPT PURPOSE SCHEDULE D, PART III, LINE 4 WABASH COLLEGE EMPLOYS THE ART COLLECTION IN CONNECTION WITH THE INSTRUCTION OF ART AND ART HISTORY COURSES. INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 ENDOWED FUNDS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SCHOLARSHIPS FOR STUDENTS, FUNDS FOR SPECIAL PROJECTS, AND GENERAL OPERATING FUNDS FOR THE COLLEGE. FIN 48 DISCLOSURE SCHEDULE D, PART X, LINE 2 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. OTHER RECONCILING ITEMS SCHEDULE D, PARTS XI, LINE 2D $ 509,434 COST OF GOODS SOLD OTHER RECONCILING ITEMS SCHEDULE D, PARTS XI, LINE 4B $ 15,501,198 GRANTS AND SCHOLARSHIPS 173,363 ALLOCATED HEALTH CENTER EXPENSES ------------ $ 15,674,561 TOTAL OTHER RECONCILING ITEMS SCHEDULE D, PART XII, LINE 2D $ 509,434 COST OF GOODS SOLD OTHER RECONCILING ITEMS SCHEDULE D, PART XII, LINE 4B $ 15,501,198 GRANTS AND SCHOLARSHIPS 173,363 ALLOCATED HEALTH CENTER EXPENSES ------------ $ 15,674,561 TOTAL true true true true true true true false false false false false false false false true false true PUBLICATION OF THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY SCHEDULE E, PART I, LINE 3 WABASH PUBLISHES THE NOTICE ANNUALLY IN THE LOCAL AND INDIANAPOLIS NEWSPAPERS. FINANCIAL AID OR ASSISTANCE RECEIVED FROM A GOVERNMENTAL AGENCY SCHEDULE E, PART I, LINE 6A WABASH STUDENTS RECEIVE PELL GRANTS AND STAFFORD LOANS. THE COLLEGE HAS RECEIVED GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, USDA, AND NATIONAL INSTITUTES OF HEALTH. true North America 0 0 Grantmaking 17500 Central America and the Caribbean 0 0 Investments 69571922 0 0 0 0 69589422 69589422 North America RELIGIOUS TRAINING 15000 CHECK 1 true false true true true false PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE US SCHEDULE F, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. REPORTS ARE REVIEWED BY THE GRANT ADVISORY COMMITTEE AND SENIOR STAFF. true AQUINAS INSTITUTE OF THEOLOGY 23 SOUTH SPRING AVENUE ST LOUIS MO 63108 431233793 501(C)(3) 19940 PROGRAM SUPPORT FRESNO PACIFIC UNIVERSITY 1717 S CHESTNUT AVENUE FRESNO CA 93702 941021164 501(C)(3) 20000 PROGRAM SUPPORT GARRETT EVANGELICAL 2121 SHERIDAN ROAD EVANSTON IL 60201 362167085 501(C)(3) 15000 PROGRAM SUPPORT HEBREW UNION COLLEGE 3101 CLIFTON AVENUE CINCINNATI OH 45220 310537067 501(C)(3) 15000 PROGRAM SUPPORT ILIFF SCHOOL OF THEOLOGY 2201 S UNIVERSITY BLVD DENVER CO 80210 840404244 501(C)(3) 19998 PROGRAM SUPPORT MARQUETTE UNIVERSITY PO BOX 1881 MILWAUKEE WI 532011881 390806251 501(C)(3) 20000 PROGRAM SUPPORT OHIO NORTHERN UNIVERSITY 525 SOUTH MAIN STREET ADA OH 45810 344429091 501(C)(3) 17400 PROGRAM SUPPORT PACIFIC LUTHERAN UNIVERSITY 12180 PARK AVE SE TACOMA WA 98447 910565571 501(C)(3) 8400 PROGRAM SUPPORT SETON HALL UNIVERSITY 400 S ORANGE AVE SOUTH ORANGE NJ 07079 221500645 501(C)(3) 19895 PROGRAM SUPPORT UNIVERSITY OF CHICAGO 1025 EAST 58TH STREET CHICAGO IL 60637 362177139 501(C)(3) 15000 PROGRAM SUPPORT WESTERN THEOLOGICAL SEMINARY 101 EAST 13TH STREET HOLLAND MI 49423 382009204 501(C)(3) 16181 PROGRAM SUPPORT 11 MERIT SCHOLARSHIPS 29 31175 SUMMER FELLOWSHIPS 40 200000 PASTORAL LEADERSHIP PROGRAM 16 6048 STUDY ABROAD GRANTS 6 13292 SEED 2 1197 STUDENT PRIZES & AWARDS 105 55602 FACULTY SUPPORT 5 8277 PROGRAM SERVICE 1 1410 EMPLOYEE SERVICE AWARDS 4 20000 ALL OTHER PLAQUES, TROPHIES AND AWARDS 37 38192 FRATERNITY CLEANING 57 13579 STUDENT GRANTS & SCHOLARSHIPS 893 15501198 COMMUNITY SERVICE 2 1497 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. X X X X true true X X X X false false false false false false false false false PATRICK WHITE 251719 0 0 0 0 0 25463 0 13673 0 290855 0 0 0 GARY PHILLIPS 171094 0 0 0 0 0 17459 0 10036 0 198589 0 0 0 LARRY GRIFFITH 163109 0 0 0 0 0 16655 0 10008 0 189772 0 0 0 STEVEN KLEIN 126852 0 0 0 0 0 15021 0 11832 0 153705 0 0 0 CHARLES BLAICH 134593 0 0 0 0 0 14078 0 11797 0 160468 0 0 0 INFORMATION REGARDING BENEFTIS PROVIDED SCHEDULE J, PART I, QUESTION 1A WABASH COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE, WHICH IS NOT INCLUDED IN TAXABLE COMPENSATION, TO PATRICK E. WHITE, THE COLLEGE'S PRESIDENT AND TO GARY A. PHILLIPS, THE DEAN OF THE COLLEGE. THE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF WABASH COLLEGE. BOTH THE PRESIDENT AND THE DEAN WERE REQUIRED TO LIVE IN THEIR RESPECTIVE RESIDENCES AS A CONDITION OF THEIR EMPLOYMENT. ADDITIONALLY, THE RESIDENCES ARE CONTIGUOUS TO WABASH'S CAMPUS AND ARE REGULARLY USED TO CONDUCT BUSINESS. TRAVEL FOR COMPANIONS WAS PROVIDED TO THE PRESIDENT TO FURTHER BUSINESS ACTIVITIES CONDUCTED ON BEHALF OF THE COLLEGE. HOUSEHOLD SERVICES, PERSONAL USE OF AUTOMOBILES AND THE PERSONAL PORTION OF SOCIAL CLUB DUES WERE INCLUDED IN TAXABLE INCOME. A INDIANA FINANCE AUTHORITY 351602316 2013-04-29 41632000 REFINANCE 2001 AND 2003 BONDS false false false A 0 0 41632000 0 0 41547891 84019 0 0 0 0 0 true false true true A false false false false 0 true false false true A false true false false true true JP MORGAN CHASE BANK 16.11 false false false 0 false true A true AMERICAN FUNDS SEE PART V 288744 FINANCIAL SERVICES false BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS SCHEDULE L, PART IV KEVIN CLIFFORD, A TRUSTEE, IS PRESIDENT AND CEO OF AMERICAN FUNDS DISTRIBUTORS, INC. WABASH COLLEGE HAS A PORTION OF ITS ENDOWMENT FUND AND 403(B) PLAN WITH AMERICAN FUNDS. X 52 920996 MARKET VALUE false true true NONCASH CONTRIBUTIONS SCHEDULE M, PART I, QUESTION 32A JPMORGAN CHASE BANK AND GOELZER INVESTMENT MANAGEMENT ARE WABASH'S CUSTODIANS WHO PROCESS AND SELL GIFTS OF STOCK. DIRECTOR, TRUSTEE, OR KEY EMPLOYEE FORM 990, PART VI, QUESTION 2 GARY REAMEY AND ALLAN ANDERSON HAVE A BUSINESS RELATIONSHIP. ROBERT GRAND AND RAY KLJAJIC HAVE A BUSINESS RELATIONSHIP. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, QUESTION 6 & 7A ALUMNI OF WABASH COLLEGE ARE CONSIDERED MEMBERS. AN ALUMNUS IS ANY PERSON WHO ATTENDED WABASH FOR AT LEAST TWO SEMESTERS. EVERY EVEN-NUMBERED YEAR, ALUMNI ELECT TWO TRUSTEES TO THE BOARD. EVERY ODD-NUMBERED YEAR, ALUMNI ELECT ONE TRUSTEE TO THE BOARD. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11B THE AUDIT COMMITTEE CHAIRMAN, THE CONTROLLER, AND THE TREASURER/CFO DO A DETAILED REVIEW OF THE 990. THE AUDIT COMMITTEE IS GIVEN A CHANCE TO REVIEW THE RETURN BEFORE IT IS GIVEN TO THE FULL BOARD. AN ELECTRONIC COPY OF THE FORM IS AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING. AN INDEPENDENT ACCOUNTING FIRM PERFORMS A DETAILED REVIEW OF THE 990 PRIOR TO FILING. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE SENT TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE CONTROLLER REVIEWS THE COMPLETED FORMS. THERE HAVE BEEN FEW CONFLICTS ON THE BOARD, BUT WHEN ONE DOES OCCUR, THE BOARD MEMBER RECUSES HIMSELF FROM VOTING. THE CONFLICT OF INTEREST AND THE RECUSAL ARE NOTED IN THE MINUTES OF THE BOARD MEETING. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B THE PRESIDENT'S COMPENSATION IS REVIEWED AND DETERMINED ANNUALLY BY A COMPENSATION COMMITTEE CONSISTING OF THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE COMMITTEE CONSIDERS DATA FROM OTHER SCHOOLS, AMONG OTHER THINGS, IN MAKING ITS REVIEW. THE PRESIDENT REVIEWS AND DETERMINES THE COMPENSATION OF THE DEANS AND THE OTHER MEMBERS OF THE PRESIDENT'S STAFF ON AN ANNUAL BASIS, WITH THE ADVICE AND CONSENT OF THE COMPENSATION COMMITTEE. ALL COMPENSATION DECISIONS ARE NOTED IN THE COLLEGE'S BOOKS AND RECORDS. OFFICER COMPENSATION WAS LAST REVIEWED IN THE FALL OF 2013. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FORM 990, PART VI, QUESTION 19 WABASH COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WABASH'S WEBSITE. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 $ 2,516,507 DEFINED-BENEFIT POSTRETIREMENT HEALTH PLAN (55,296) PROVISION FOR EARLY RETIREMENT INCENTIVE ------------ $ 2,461,211 TOTAL CHANGE IN NET ASSETS CHARITABLE REMAINDER TRUSTS (28) TRUST NA TRUST