2014-05-13T16:53:44-05:00 2013-06-30 910189318 Moss Adams LLP 3121 West March Lane Suite 100 Stockton CA 952192303 990 2012-07-01 951911219 Harvey Mudd College HARV 9096218043 301 Platt Boulevard Claremont CA 91711 Mia Alonzo 9096218043 2014-05-09 1 TRACY S PAGLIA P00366884 2099556100 2012 2015-11-30 17:44:51Z Maria Klawe 301 Platt Boulevard Claremont CA 91711 228116340 0 X www.hmc.edu X 1955 CA HMC is one of the premier math, science and engineering liberal arts colleges in the nation. 29 28 1070 384 -146279 -146881 23593013 32593309 47248215 49645046 9937578 8525136 78576 40468 80857382 90803959 13004967 13619076 0 0 31303975 32169277 0 0 3061128 21869365 21965003 66178307 67753356 14679075 23050603 373311106 416042651 33054138 34797895 340256968 381244756 Harvey Mudd College seeks to educate engineers, scientists and mathematicians well-versed in all of these areas and in the humanities and social sciences so that they may assume leadership in their fields with a clear understanding of the impact of their work on society. 0 0 59041624 13619076 49645046 All program services relate to undergraduate education, full time equivalent enrollment of 750+ students. 59041624 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 1338 0 1 1070 1 1 1 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Maria M Klawe 50.00 1.00 X X 470395 0 75953 Wayne A Drinkward 1.00 1.00 X X 0 0 0 Malcolm Lewis 1.00 X 0 0 0 R Michael Shanahan 1.00 X 0 0 0 Walter A Foley 1.00 X 0 0 0 David A Baylor 1.00 X 0 0 0 John M Benediktsson 1.00 X 0 0 0 Michael W Blasgen 1.00 X 0 0 0 Howard C Deshong III 1.00 X 0 0 0 Raymond E Grainger 1.00 X 0 0 0 J Dale Harvey 1.00 X 0 0 0 Dylan Hixon 1.00 X 0 0 0 Edward E Johnson 1.00 X 0 0 0 Clifford A Miller 1.00 X 0 0 0 Barbara A Patocka 1.00 X 0 0 0 Deborah Byron 1.00 X 0 0 0 Michael G Wilson 1.00 X 0 0 0 James C Bean 1.00 X 0 0 0 Ann McDermott 1.00 X 0 0 0 Jonathan Mersel 1.00 X 0 0 0 Peter Muller 1.00 X 0 0 0 Greg Rae 1.00 X 0 0 0 Christopher Seib 1.00 X 0 0 0 Tayloe Stansbury 1.00 X 0 0 0 John Vickery 1.00 X 0 0 0 Kevin Schofield 1.00 X 0 0 0 Erin Smith 1.00 X 0 0 0 Jennifer Lindsay 1.00 X 0 0 0 Annie Tran-Kao 1.00 X 0 0 0 Deborah Rieman 1.00 X 0 0 0 Neil Chriss 1.00 X 0 0 0 Andrew Dorantes 50.00 X 250247 0 49828 Thyra Briggs 50.00 X 199338 0 37711 Karen Angemi 50.00 X 90483 0 46310 Daniel Macaluso 50.00 X 273545 0 49168 Jeffrey Groves 50.00 X 160462 0 25733 Mia Alonzo 4.00 20.00 X 0 117221 26370 Joseph Vaughan 50.00 X 171624 0 40841 Marguerite Browning 50.00 X 185452 0 27003 Robert Cave 40.00 X 194585 0 61669 Ziyad Duron 40.00 X 198624 0 39810 Michael Erlinger 40.00 X 167278 0 43759 Nicholas Pippenger 40.00 X 194633 0 35394 Ran Libeskind-Hadas 40.00 X 184693 0 51178 2741359 117221 610727 76 1 1 0 Matt Construction Corp 9814 Norwalk Bl Ste 100 Santa Fe Springs CA 90670 Construction 13791339 Sodexo Inc 9801 Washington Blvd Gaithersburg MD 20878 Food Service 1988021 Boora Architects Inc 720 SW Washington Ste 800 Portland OR 97205 Architect 386084 Kinetic Systems Inc 17905 Sky Park Circle H Irvine CA 92614 Hydronic/Air Testing 312521 Moss-Adams LLP PO Box 2147 Seattle WA 98111 Accounting/Tax 159151 9 865384 31727925 735688 32593309 Tuition, Room & Board 611600 44345080 44345080 Fed Grants & Contracts 611600 2176671 2176671 Private Contracts 611600 1873292 1873292 Auxiliary Enterprise 611600 681597 681597 568406 568406 49645046 3982821 -146279 4129100 683 683 25594 25594 18874 4000 14874 14874 14874 137343901 4506112 132637424 4670957 4706477 -164845 4541632 4541632 90803959 49645046 -146279 8711883 13619076 13619076 2215912 1153851 597660 464401 210090 210090 22421883 20358366 905842 1157675 2672883 2287225 124394 261264 2984374 2554313 127673 302388 1664135 1390992 100390 172753 99852 21635 78217 124602 124602 1087661 1087661 561161 537891 2569 20701 1016953 453353 356018 207582 3529260 3214946 184070 130244 493740 466716 26580 444 2545594 2401939 82696 60959 1245624 1142414 38362 64848 302136 96443 92742 112951 161103 151309 9794 5777324 4361728 1368747 46849 2430092 2379927 50165 145736 145736 Noncapital Equipment 1046425 1000602 27948 17875 Food and Housing 925920 892094 18716 15110 471820 346714 100022 25084 67753356 59041624 5650604 3061128 354502 442597 56442828 63785731 24136685 15379224 955266 858026 627409 147811 1599029 1860663 134563801 45713600 64962471 88850201 188125005 208591544 31865270 32089651 3322558 3565283 920083 471920 373311106 416042651 4842883 8124024 498398 438410 17424869 16577698 4003 15678 10283985 9642085 33054138 34797895 X 105817762 141695160 123432330 127421552 111006876 112128044 340256968 381244756 373311106 416042651 X 23050603 17127029 810156 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230071663 1042931 24668554 2123806 9481846 244177496 243835494 6390693 -8898792 2170343 9085389 230071663 209170617 5684132 40759881 2429292 9349844 243835494 197525486 1029919 22301528 2430126 9256190 209170617 250875182 955180 -43170677 2297036 8837163 197525486 0.20000 0.44720 0.35280 1 0 5728539 5728539 2177500 76923483 35663035 43437948 8721790 7314268 1407522 41012489 2736297 38276192 88850201 Other Assets 1705294 F Private Equity Securities 3047445 F Global High Yield Securities 14547694 F Other 929100 F Bennett Hedge Fund 11860118 F 32089651 Annuities Payable 4115336 Liability for Staff Retirement Plan 769973 Funds Held in Trust for Others 505549 Government Advances/Student Loans 3007166 Asset Retirement Obligation 1244061 9642085 X 94034407 17127029 810156 17937185 76097222 1087661 13619076 14706737 90803959 53046619 0 53046619 1087661 13619076 14706737 67753356 Description of Intended Use of Endowment Funds: Part V, Line 4: Permanent endowments are subject to the restrictions of gift instruments requiring in perpetuity that the principal be invested and the income only be utilized as provided under the California Uniform Prudent Management of Institutional Funds Act (UPMIFA). While funds have been established by the Board of Trustees to function as endowment, any portion of such funds may be expended. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: In accordance with generally accepted accounting principles, the College had no unrecognized tax benefits at June 30, 2013 and 2012. Part XI, Line 2d - Other Adjustments: UBI loss from partnerships 146,279. Actuarial Adjustment 169,961. Other Comprehensive Pension Expense 493,916. Part XI, Line 4b - Other Adjustments: Student Financial Aid 13,619,076. Part XII, Line 4b - Other Adjustments: Student Financial Aid 13,619,076. 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 The racial nondiscrimination policy is stated in brochures, the college catalog, and is available on the college website. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Harvey Mudd College participates in the Pell grant, Supplemental Eductional Opportunity Grant, College Work-Study, and Perkins Loan programs. East Asia and the Pacific 0 0 Program Services Education Instruction 156778 Europe (Including Iceland & Greenland) 0 0 Program Services Education Instruction 87379 Central America and the Caribbean 0 0 Program Services Education Instruction 881 Middle East and North Africa 0 0 Program Services Education Instruction 30219 North America 0 0 Program Services Education Instruction 2921 Central America and the Caribbean 0 0 Investments 21728108 0 0 0 0 0 0 22006286 0 22006286 0 0 0 0 0 0 1 Student Financial Aid 610 13619076 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The use of grant funds is monitored through student financial aid and billing process. X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Maria M Klawe 441066 0 0 0 29329 0 30000 0 45953 0 546348 0 0 0 Andrew Dorantes 247512 0 0 0 2735 0 30000 0 19828 0 300075 0 0 0 Thyra Briggs 185958 0 0 0 13380 0 22860 0 14851 0 237049 0 0 0 Daniel Macaluso 261803 0 0 0 11742 0 30000 0 19168 0 322713 0 0 0 Jeffrey Groves 156867 0 0 0 3595 0 19011 0 6722 0 186195 0 0 0 Joseph Vaughan 171624 0 0 0 0 0 21660 0 19181 0 212465 0 0 0 Marguerite Browning 173452 0 0 0 12000 0 20940 0 6063 0 212455 0 0 0 Robert Cave 194485 0 0 0 100 0 24001 0 37668 0 256254 0 0 0 Ziyad Duron 181636 0 0 0 16988 0 24303 0 15507 0 238434 0 0 0 Michael Erlinger 133778 0 0 0 33500 0 21248 0 22511 0 211037 0 0 0 Nicholas Pippenger 174891 0 0 0 19742 0 23894 0 11500 0 230027 0 0 0 Ran Libeskind-Hadas 159920 0 0 0 24773 0 23462 0 27716 0 235871 0 0 0 Part I, Line 1a - First Class Travel - The President is authorized to travel in business/first class when flying on Harvey Mudd business. - Travel for companions - With prior approval from the Chairman of the Board of Trustees, the Institution paid for bona fide business related travel expenses for the President's spouse, who is also an employee of the institution. - Housing allowance or residence for personal use - The institution provides lodging for the President and family in institution owned property for the convenience of the employer. The institution provides housing down payment assistance to new faculty and senior staff members. - Health or social club dues or initiation fees - The institution pays monthly dues for approved Cabinet members at selected clubs for the sole purpose of conducting institutional business at these locations, no personal social activities are reimbursed. - Personal services - The institution provides cleaning services to the President's house as maintenance of a campus-owned building, which is used for institutional events as well as being the personal residence of the President and family. The institution also pays for phone and cable service to this campus building. A California Educational Facilities Authority 521705592 130175F31 2003-07-24 7171498 See Schedule K Supplemental Information 0 0 0 B California Educational Facilities Authority 521705592 130178A63 2011-05-19 15309804 See Schedule K Supplemental Information 0 0 0 A 5406498 6937825 5390257 161000 1386568 2005 0 1 1 1 B 375000 15319625 309804 15009821 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 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 Schedule K Part IV, Arbitrage, Line 2c Date Rebate Computation Performed Issuer Name: California Educational Facilities Authority Date the Rebate Computation was Performed: 08/20/2008 Issuer Name: California Educational Facilities Authority Date the Rebate Computation was Performed: 08/28/2013 Schedule K Supplental Information Part I, Column (f), Line A: For the purpose of (i) financing the acquisitions, construction, improvement, renovation and equipping of certain educational facilities, (ii) providing funds to refund a prior bond, (iii) funding capitalized interest on the bonds, and (iv) paying costs incurred in connection with the issuance of the bonds. Part I, Column (f), Line B: For the purpose of (i) financing the acquisitions, construction, improvement, renovation and equipping of certain educational facilities, (ii) funding capitalized interest on the bonds, and (iii) paying costs incurred in connection with the issuance of the bonds. Part I, Column (e) and Part II, Line 3: The difference is due to income earned on bond proceeds. Nicholas Pippenger Family member of Maria Klawe, President 210090 Employment 0 X 40 681072 FMV X 1 14101 FMV X EQUIPMENT 3 17457 FMV X SUPPLIES 2 55 FMV X LIFE INSURANCE POLICY 1 23003 CASH SURRENDER VALUE 0 0 1 0 Form 990, Part VI, Section B, line 11 HMC utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves multiple layers of management as well as governing board members. HMC has engaged an outside accounting firm to prepare the 990 using information provided by the Office of Financial Services, the Office of Human Resources, and the Business Affairs Office (BAO), and changes are made as needed. Once a revised draft is available, it is reviewed by the Controller, Assistant VP for BAO, Assistant Controller, Budget Director and the Vice President for Administration and Finance/Treasurer. After this review and any resulting changes are complete, the revised draft is provided to members of the HMC Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee accepts the 990 and the 990 is provided to all voting members of the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Conflict of Interest Policy Compliance: STAFF: College employees who are directly or indirectly involved in purchasing or other financial transactions involving the College are required, on an annual basis, to complete and submit a Conflict of Interest Staff Disclosure Form for his or her supervisor's review. SUPERVISORS: - On an annual basis, supervisors review the policies related to Conflict of Interest and specifically Purchasing and Contracts, Gifts and Gratuities, Employment of Relatives, and Consulting and Outside Activities with all staff who report to them; - obtain and review disclosure forms from those who are required to complete them for possible conflicts; - review forms for completeness and, where necessary, take any follow up action that is appropriate. If there is a conflict of interest or the appearance of one, the supervisor reviews the disclosure form with the staff member and/or refers the situation to the appropriate Cabinet Member. If the situation warrants, the Cabinet Member will confer with the Human Resources Office. OFFICERS/BOARD OF TRUSTEES: Each trustee and officer annually completes and executes a Declaration, which affirms that such person has received a copy of the Conflict of Interest Policy, has read and understands the Policy, and has agreed to comply with the Policy. Annual Declarations are submitted to the Secretary of the Board of Trustees, who compiles the data and reports the results to the Board Executive Committee through the Audit Committee. A trustee or officer discloses through the Declaration form the existence of any financial or other interest, which could give rise to a conflict of interest. Disclosures of actual or potential conflicts of interest made by any trustee are referred to the Board Executive Committee (Committee). Any action taken by the Committee regarding conflicts of interest requires approval by the Board of Trustees. Disclosure of actual or potential conflicts of interest by any officer (who is not a trustee) is delegated to the President of the College, who reviews the final determination with the Chair of the Board of Trustees before any action is taken. Form 990, Part VI, Section B, line 15 The Trustee Compensation Committee utilizes benchmark salary data from comparable higher education institution groups for the executive management positions of President, Vice Presidents, officers, key employees, and disqualified individuals. Compensation data is gathered of peer group institutions, which is available from subscribed survey data sources. The salary medians of the comparable education institution groups will inform the committee and be used as guides. The committee will also review salary in relation to local and national inflation measures, individual performance, as evidenced by the annual written performance evaluations, and the individual's length of service in the position. Detailed analyzed data is presented to the committee for review and discussion. After review and discussion of report results, performance evaluations, and any requested additional clarification, the committee, in executive session with the President and Board Secretary, determines salary increases for Vice Presidents and others. The Board Secretary is excused and the committee determines the Board Secretary's salary increase. The President is excused from the meeting and the committee develops a recommendation to the Board of Trustees for the President's salary increase. Minutes of the committee and the analyses are kept in confidentiality limited to the committee, President, Board Secretary, Vice President for Administration and Finance/Treasurer, and Director of Human Resources. The Director of Human Resources retains the minutes analyses as documentation of the process. The committee presents its report on the President's recommended salary increase to the Board of Trustees during the May board meeting. The Board of Trustees carefully consider the recommendation and the analysis performed by the Compensation Committee prior to approving the President's salary increase. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: - Financial statements are available upon request. - Conflict of interest policy is available to the public upon request. - Governing documents are not made available to the public. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Actuarial Adjustment 169,961. Other Comprehensive Pension Expense 493,916. UBI loss from partnership investments 146,279. Claremont University Consortium 101 S Mills Claremont CA 91711 954786748 Provide academic and business services CA 501(c)(3) Line 11a, I N/A 0 Charitable Remainder Unitrusts (7) 101 South Mills Claremont CA 91711 000000000 Holding CA N/A T 0 Pooled Income Fund 101 South Mills Claremont CA 91711 000000000 Holding CA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0