2014-05-12T08:21:01-07:00 2013-06-30 990 2012-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 Academy St Kalamazoo MI 49006 James Prince 2693377225 2014-05-12 2012 2015-11-30 17:44:51Z Eileen B Wilson-Oyelaran 1200 Academy St Kalamazoo MI 49006 109014553 0 X www.kzoo.edu X 1833 MI The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 35 34 1566 1200 35265 30838 31693605 10759284 58451093 61838453 4298307 6714798 542733 680499 94985738 79993034 24873660 26635961 0 0 33962514 29723465 80500 80753 3250433 21087894 19546326 80004568 75986505 14981170 4006529 320643029 327855662 76723047 68456254 243919982 259399408 The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 0 0 67689722 26635961 61841115 Higher Education: The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned. and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. College enrollment for the fall quarter of 2012 was 1,379 students. 0 0 0 67689722 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 233 0 1 1566 1 1 1 1 FR GM KE MX SP 0 0 0 0 0 0 0 0 X 35 34 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AR AZ CO KY MA MD MI NH NY OH OK OR SC WA X Catherine Bonnes 2693377228 1200 Academy Street Kalamazoo MI 49006 Donald R Parfet 2 0 X 0 0 0 Charlotte H Hall 2 0 X 0 0 0 S Si Johnson 2 0 X 0 0 0 Eugene V N Bissell 2 0 X 0 0 0 Amy S Courter 2 0 X 0 0 0 Alexandra K Altman 2 0 X 0 0 0 Roger E Brownell 2 0 X 0 0 0 Jevon A Caldwell-Gross 2 0 X 0 0 0 Erin M P Charnley 2 0 X 0 0 0 James A Clayton 2 0 X 0 0 0 Harold J Decker 2 0 X 0 0 0 Helen B Etkin 2 0 X 0 0 0 Fred D Fischer 2 0 X 0 0 0 Gwen A Fountain 2 0 X 0 0 0 James N Heath 2 0 X 0 0 0 Mary Armacost Hulst 2 0 X 0 0 0 Robert O Kramer 2 0 X 0 0 0 Paul S Levy 2 0 X 0 0 0 Alexander C Lipsey 2 0 X 0 0 0 Hans P Morefield 2 0 X 0 0 0 Jody K Olsen 2 0 X 0 0 0 Gail A Raiman 2 0 X 0 0 0 Christopher P Reynolds 2 0 X 0 0 0 William C Richardson 2 0 X 0 0 0 James A Robideau 2 0 X 0 0 0 Mary Beth Sarhatt 2 0 X 0 0 0 William R Stoeri 2 0 X 0 0 0 Jon L Stryker 2 0 X 0 0 0 Ronda E Stryker 2 0 X 0 0 0 Bonnie Wachter Swenby 2 0 X 0 0 0 Amy E Upjohn 2 0 X 0 0 0 William F Williams 2 0 X 0 0 0 Richard E Yehle 2 0 X 0 0 0 Debra L Yourick 2 0 X 0 0 0 Eileen B Wilson-Oyelaran 40 0 X 325750 0 60151 Albert DeSimone 40 0 X 177502 0 76660 Michael A McDonald 40 0 X 174284 0 18258 James E Prince 40 0 X 171186 0 31046 Sarah Westfall 40 0 X 124595 0 19955 Jaime Grant 40 0 X 145642 0 28551 Lisa Brock 40 0 X 141400 0 13284 Donna Lartigue 40 0 X 128581 0 26491 Gregory Diment 40 0 X 125196 0 18883 David Barclay 40 0 X 118948 0 30269 1633084 0 323548 14 0 1 0 Kirco Manix 101 W Big Beaver Rd Ste 200 Troy MI 48084 Construction Contractor 4655966 Sodexo 90 S High St Dublin OH 43017 Campus Food Services 2476922 Miller Davis Company 1029 Portage St Kalamazoo MI 49001 Construction Contractor 802480 Cambridge Associates LLC 100 Summer St Ste 1300 Boston MA 02110 Investment Advisors 168579 Weather Shield Roofing Systems Inc 1164 Holt St SE Grand Rapids MI 49507 Construction Contractor 145827 8 0 0 18590 0 225000 10515694 1680059 10759284 Tuition and fees 611310 51596227 51596227 0 0 Room and board 611310 6191561 6191561 0 0 Other revenue 611310 4050665 4053414 -2749 0 0 0 0 0 61838453 -1030826 0 27714 -1058540 782 0 0 782 0 0 0 0 296631 0 42120 0 254511 0 254511 0 0 254511 36084273 8500 28336769 11162 7747504 -2662 7744842 0 0 7744842 11131 18590 21970 -10839 0 -10839 1046325 609498 436827 0 10300 426527 0 79993034 61841202 35265 7357283 0 0 26635961 26635961 0 0 0 0 1196959 361664 601103 234192 0 0 0 0 21403917 17347549 2212533 1843835 1560148 1276290 151428 132430 4078690 2976465 830347 271878 1483751 1190284 163871 129596 0 0 0 0 104939 0 104939 0 58550 0 58550 0 0 0 0 0 80753 80753 407869 0 407869 0 830191 656504 145830 27857 198720 85196 83006 30518 2472677 1783943 501971 186763 478394 298665 169729 10000 0 0 0 0 2134949 2004186 90695 40068 3524048 3298292 83238 142518 0 0 0 0 801136 610880 122576 67680 893533 670671 222862 0 0 0 0 0 2540393 2452089 44152 44152 226875 219363 3756 3756 Study Abroad 3314875 3314875 0 0 Indirect Cost Allocation 0 1474940 -1474940 0 Perkins 41710 0 41710 0 Miscellaneous 1517467 1031905 481125 4437 75986505 67689722 5046350 3250433 24155561 30056973 46402213 35767038 485476 423185 0 0 0 0 7196769 6809385 671955 665368 1400617 845060 126595183 52645974 71282462 73949209 111276307 122987553 57771669 56351891 0 0 320643029 327855662 5978393 3058789 0 0 906020 640615 35505000 34500000 0 0 0 0 0 0 0 0 34333634 30256850 76723047 68456254 X 63809749 75123597 75869535 76441846 104240698 107833965 243919982 259399408 320643029 327855662 4006529 11472897 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 169495896 10482875 20286899 1507335 6055497 407869 192294969 155218448 22396461 -1298112 1462196 4987365 371340 169495896 131557148 3017106 28423095 1816291 5480623 481987 155218448 122589205 651351 16722621 1569247 6336281 500501 131557148 156906549 3614928 -28831929 1215195 7415449 469699 122589205 0.21 0.55 0.24 0 1 1 0 1957772 1957772 1729526 86653163 34963279 53419410 0 0 0 0 0 24733838 17682695 7051143 0 11520884 0 11520884 73949209 Hedge Funds 30941182 F Private Equity Funds 14144107 F Charitable Remainder Trusts & Gift Annuities 11266602 F 56351891 0 Postretirement Benefit 21682462 Annuities Payable 2030968 Federal Perkins loans 6543420 30256850 91339622 11472897 0 0 -349908 11122989 80216633 407869 -631468 -223599 79993034 75860196 0 0 0 631468 631468 75228728 407869 349908 757777 75986505 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 500 individual funds established for a variety of purposes. These funds provide support for instruction, academic support departments, student services, institutional support departments, physical plant maintenance and improvements, public service programs, and scholarships, as well as, general operating support. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Expenses from fundraising events and cost of sales of inventory. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Expenses from fundraising events and cost of sales of inventory. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The following statement appears in the College catalogue: "Kalamazoo College is committed to equal rights, equal opportunities, and equal protection under the law. The College administers its programs without regard to race, color, religion, age, sex, national origin, height, weight, marital status, familial status, physical disability as protected by law, or sexual orientation. The College's definition of sexual orientation proscribes discrimination based on a person's heterosexuality, homosexuality, bisexuality, or gender identity, actual or presumed." Kalamzoo College draws a substantial percentage of its students from outside the Kalamazoo community including other areas of Michigan, the United States, and foreign countries and follows a racially nondiscriminatory policy as to students. Publication is not required under Rev Proc 75-50, Section 4.03-2(b). SchE_P01_S00_L06 Schedule E, Part I, Line 6 Kalamazoo College participates in the following campus-based financial aid programs: SEOG, FWSP, Perkins (NDSL). In addition, students from the College are recipients of Pell grants, Guaranteed Student Loans, National Science Scholars Program, and Parent Loans. Central America and the Caribbean 0 0 Program Services Higher Education 120106 East Asia and the Pacific 0 2 Program Services Higher Education 819918 Europe (including Iceland and Greenland) 0 6 Program Services Higher Education 1624747 Middle East and North Africa 0 0 Program Services Higher Education 39480 South America 0 3 Program Services Higher Education 470911 South Asia 0 0 Program Services Higher Education 2623 Sub-Saharan Africa 0 5 Program Services Higher Education 237090 0 16 3314875 1 0 1 1 1 0 SchF_P04_S00_L00 Schedule F, Part IV The College invests in various partnerships that transfer funds to or hold interests in foreign corporations, but the College partnership interest is too small to require filing of Form 926, Form 5471, Form 8621, and Forms 8865. X X X X X X X 1 Wilson Bennett Technology Inc 140 Professional Dr Ste 2 Cabot AR 72023 Phonathon 0 458576 80753 377823 458576 80753 377823 AK AL AR AZ CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV Golf Outing 29721 18590 11131 0 1300 0 0 0 20670 0 0 29721 18590 11131 0 1300 0 0 0 20670 21970 -10839 1 See Schedule I, Part IV, Statement 1 1319 26635961 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships are awarded based on established criteria, including donor restrictions. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Eileen B Wilson-Oyelaran 325750 0 0 0 0 0 33075 0 27075 0 385900 0 0 0 Albert DeSimone 177502 0 0 0 0 0 19124 0 57536 0 254162 0 0 0 Michael A McDonald 174284 0 0 0 0 0 17815 0 442 0 192541 0 0 0 James E Prince 171186 0 0 0 0 0 18004 0 13042 0 202232 0 0 0 Jaime Grant 145642 0 0 0 0 0 9178 0 19373 0 174193 0 0 0 Lisa Brock 141400 0 0 0 0 0 7466 0 5818 0 154684 0 0 0 Donna Lartigue 128581 0 0 0 0 0 9011 0 17480 0 155072 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President is required to live in housing provided on campus. The value of this housing is excluded from taxable income. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Vice President for Business and Finance. SchJ_P02_S00_L00 Schedule J, Part II The amount included in column C for President Wilson-Oyelaran included an overpayment in the amount of $7,679 to her 403(b) retirement plan that was corrected in 2014. A Michigan Finance Authority 800596186 2011-06-09 34250000 Refunding 2000,2003,2007 & construct & equip athletics facilities & fields 0 0 0 A 1135000 0 34281724 0 0 21979763 285774 0 0 12016187 0 0 2013 1 1 0 1 A 0 0 1 1 0 0 0.004 0.004 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 SchK_P03_S00_L03a Schedule K, Part III, Line 3a Certain bond financed facilities use outside food service management companies but bond proceeds related to these facilities were allocated to non-food service areas. SchK_P03_S00_L09 Schedule K, Part III, Line 9 The College intends to update its bond compliance policy and procedures in 2013-14 to include IRS recommended best practices for post issuance bond compliance. SchK_P04_S00_L07 Schedule K, Part IV, Line 7 The College intends to update its bond compliance policy and procedures in 2013-14 to include IRS recommended best practices for post issuance bond compliance. SchK_P05_S00_L00 Schedule K, Part V The College intends to update its bond compliance policy and procedures in 2013-14 to include IRS recommended best practices for post issuance bond compliance. Ronda Stryker Spouse owns Radison Plaza Hotel 45079 Event Services and Accomodations 0 X 0 Value not recorded X 41 1680059 Avg Daily Stock Price X Instruments 2 0 Value not recorded X Alumni Event Expense 2 0 Value not recorded X Equipment 1 0 Value not recorded 0 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 Noncash contributions of personal property valued at less than $5,000 are not entered or capitalized. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Jon L. Stryker and Ronda E. Stryker are siblings. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 Revised language in By-Laws Article II Membership of the Board - (b) Alumni Trustees The terms of the Alumni Association Executive Board President and Vice President, if elected as Alumni Trustees after nomination by virtue of office, shall continue as long as they hold office. Any individual may serve up to six (6) years total as an Alumni Trustee in addition to any time served as an Alumni Trustee while an Alumni Association Executive Board President and Vice President. (c) Emeriti Trustees Trustees who have completed eighteen (18) years of service shall be considered for election as non-voting Emeriti Trustees. A Trustee who has served less than eighteen (18) years may also be elected a Trustee Emeritus/a at the discretion of the Board. (d) Terms of Trustees When a Trustee, for any reason, does not complete a full term, the Board of Trustees may elect a replacement at any time to complete that term...The terms of the Alumni Association Executive Board President and Vice President are as set forth in paragraph (b) of this section. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees for review. A meeting is convened with the Audit Committee and the Vice President for Business and Finance to review and discuss the Forms 990 and 990T. After receiving the Audit Committee's approval, the Forms 990 and 990T are provided to the full Board of Trustees for review and comment. After sufficient time for review and comment by the full Board of Trustees, the Forms 990 and 990T are timely filed. Schedule B is not provided to the Audit Committee or the full Board of Trustees in order to maintain the confidential identity of donors. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The conflict of interst policy is provided to every Trustee and Officer in October. Every recipient is asked to return a disclosure form that discloses any potential relationships that may represent a conflict of interest and discloses any gifts or loans from entities with which the College has significant business dealings. The form also asks Trustees to acknowledge that they have read the conflict of interest policy and confirm that they have no knowledge of any real or potential violation of the policy and that they will refrain from taking any unfair advantage of any information obtained in their role as Trustee or Officer. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Vice President for Business and Finance. The compensation of the College officers is determined annually by the President and compared with compensation of similarly placed officers of Great Lakes College Association institutions. The officer compensation is submitted to the Executive Committee of the Board of Trustees for review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Kalamazoo College is organized under Michigan statute MCL Section 390.751 through 390.761. The bylaws and conflict of interest policy are available by request. The financial statements are also available by request, posted on the College's website, and made available in the College library. Genevieve U Gilmore Endowment For The Arts PNC Bank 108 E Michigan Kalamazoo MI 49007 386470228 Trust FBO Kalamazoo College MI 501(c)(3) Line 11 c Kalamazoo College 0 Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College PNC 171 Monroe NW Z2-700-03-4 Grand Rapids MI 49503 386572671 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 0 L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept P O Box 3636 Grand Rapids MI 49503 386385367 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 0 FW & Elsie Heyl Science Scholarship Fund PNC Bank PO Box 94651 Cleveland OH 44101 386194019 Science Grants MI 501(c)(3) Line 11d N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 Genevieve U Gilmore Endowment For The Arts PNC Bank c 47628 Cash Grant Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College PNC c 72967 Cash Grant L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept c 34448 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank c 1916837 Cash Grant FW & Elsie Heyl Science Scholarship Fund PNC Bank p 16000 Cash payment