MILLS COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MILLS COLLEGE (EIN 94-1156566)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201301349349307110
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T17:40:26-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CALIFORNIA STREET SUITE 2300 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941156566 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mills College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % TAMMI JACKSON | InCareOfName |
| Name Control | MILL | NameControl |
| Phone | 5104302223 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5000 MacArthur Blvd | AddressLine1 |
| City | Oakland | City |
| State | CA | State |
| ZIP Code | 94613 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | tammi Jackson | Name |
| Title | VP FINANCE,administrati & TREASURER | Title |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BETHANN LONDYNSKY | Name |
| Phone | 4159863900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Alecia A DeCoudreaux | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5000 MacArthur Blvd | AddressLine1 |
| City | Oakland | City |
| State | CA | State |
| ZIP Code | 94613 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 89538309 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.mills.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1852 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | see attachment 1 | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 41 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 38 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1546 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 81123 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -189264 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 18735215 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9432830 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 61477141 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 61448553 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5287494 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3163079 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 758974 | OtherRevenuePriorYear |
| Other Revenue Current Year | 908153 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 86258824 | TotalRevenuePriorYear |
| Total Revenue Current Year | 74952615 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21550412 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 21165779 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 42971088 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 42251608 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 28206 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 11665 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2915755 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 25698890 | OtherExpensePriorYear |
| Other Expenses Current Year | 24979024 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 90248596 | TotalExpensesPriorYear |
| Total Expenses Current Year | 88408076 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3989772 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -13455461 | RevenuesLessExpensesCY |
| Total Assets BOY | 330275040 | TotalAssetsBOY |
| Total Assets EOY | 311494638 | TotalAssetsEOY |
| Total Liabilities BOY | 47332057 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 47115466 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 282942983 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 264379172 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | FOUNDED IN 1852, MILLS COLLEGE (THE "COLLEGE") IS AN INDEPENDENT LIBERAL ARTS COLLEGE FOR WOMEN, WITH GRADUATE PROGRAMS FOR BOTH WOMEN AND MEN. THE COLLEGE PROVIDES EDUCATION AND TRAINING SERVICES FOR UNDERGRADUATE WOMEN AND GRADUATE WOMEN AND MEN, AND PERFORMS TRAINING AND OTHER PROGRAMS UNDER GRANTS, CONTRACTS AND SIMILAR AGREEMENTS WITH ITS SPONSORS, PRIMARILY DEPARTMENTS AND AGENCIES OF THE UNITED STATES GOVERNMENT, AND PRIVATE DONORS. THE COLLEGE EDUCATES ITS STUDENTS TO THINK CRITICALLY AND COMMUNICATE RESPONSIBLY AND EFFECTIVELY, TO ACCEPT THE CHALLENGES OF THEIR CREATIVE VISIONS, AND TO ACQUIRE THE KNOWLEDGE AND SKILLS NECESSARY TO UNDERSTAND THE NATURAL WORLD AND EFFECT THOUGHTFUL CHANGES IN SOCIETY. THE COLLEGE ENCOURAGES OPENNESS TO EXPERIMENTATION AND CHANGE IN THE CONTEXT OF ESTABLISHED ACADEMIC DISCIPLINES. THE CURRICULUM COMBINES THE TRADITIONAL LIBERAL ARTS WITH NEW EDUCATIONAL INITIATIVES THAT RECOGNIZE THE VALUE OF CULTURAL, RACIAL, AND ETHNIC DIVERSITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 54876945 | Expense |
| Grants | 21150883 | Grants |
| Revenue | 49786013 | Revenue |
| Description | THE COLLEGE PROVIDES INSTRUCTION, RESEARCH, PUBLIC SERVICE AND ACADEMIC SUPPORT TO 949 UNDERGRADUATE STUDENTS AND TO 597 GRADUATE STUDENTS. IN ADDITION, THE COLLEGE PROVIDES FINANCIAL AID, SCHOLARSHIPS, AND FELLOWSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 19970198 | Expense |
| Grants | 14896 | Grants |
| Revenue | 11662540 | Revenue |
| Description | THE COLLEGE PROVIDES AUXILIARY SERVICES INCLUDING STUDENT HOUSING, FOOD SERVICES, AND OTHER STUDENT SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 74847143 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | true | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 299 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1546 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 41 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 38 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TAMMI JACKSON | NamePerson |
| Telephone Number | 5104302223 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5000 MACARTHUR BLVD | AddressLine1 |
| City | Oakland | City |
| State | CA | State |
| ZIP Code | 94613 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (56 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Alecia A DeCoudreaux | |||||||||
| President and Board Trustee | 60.0 | X | X | 206188 | 0 | 44359 | |||
| Julia Almazan | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| James Andrasick | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Richard Barrett | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Wendy Brody | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Kathleen Burke | |||||||||
| Board Chairperson | 5.0 | X | X | 0 | 0 | 0 | |||
| Earl Cheit | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Gordon Chong | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Nita Clark | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Joan Danforth | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Troy Duster | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Thomas Ehrlich | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| James Fowler | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Nan Gefen | |||||||||
| Board Trustee, 1st Vice Chair | 2.0 | X | X | 0 | 0 | 0 | |||
| Daisy Gonzalez | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Sabrina Hellman | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Sandra Hernandez | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Maryellen Cattani Herringer | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Linda Jaquez-Fissori | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Merrill Kasper | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Mei Kwong | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Maribelle Leavitt | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Lorry Lokey | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John McDonnell | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alex Moses | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Helen Muirhead | |||||||||
| Board Trustee, 2nd Vice Chair | 1.0 | X | X | 0 | 0 | 0 | |||
| Jane Newhall | |||||||||
| Board Trustee-CYPT | 1.0 | X | 0 | 0 | 0 | ||||
| Diana Odermatt | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Irene Panagopoulos | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alexandra Rinde | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alma Robinson | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Gayle Rothrock | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Katherine Schapiro | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Clare Springs | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Vivian Stephenson | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Myra Strober | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Roselyn Chroman Swig | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Evelyn Thorne | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Linda Cohen Turner | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Glenn Voyles | |||||||||
| Board Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Margaret Wilkerson | |||||||||
| Board Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Barbara Wolfe | |||||||||
| Board Trustee | 2.0 | X | |||||||
| Sandra C Greer | |||||||||
| Provost & Dean of the Faculty | 50.0 | X | 260367 | 0 | 35857 | ||||
| Jamie L Nickel | |||||||||
| Int VP for Finance & Treasurer | 50.0 | X | 139380 | 0 | 34219 | ||||
| Lulesa M Hammond | |||||||||
| Int VP for HR & Administration | 50.0 | X | 131334 | 0 | 22385 | ||||
| Therese M Leone | |||||||||
| VP and General Counsel | 50.0 | 153556 | 0 | 31648 | X | ||||
| Cynthia Brandt Stover | |||||||||
| VP, Institutional Advancement | 50.0 | 232642 | 0 | 36110 | X | ||||
| Renee I Jadushlever | |||||||||
| Chief of Staff & VP for Ops | 50.0 | 187708 | 0 | 34904 | X | ||||
| Andrew A Workman | |||||||||
| Vice Provost | 40.0 | 169821 | 0 | 17831 | X | ||||
| Janet L Holmgren | |||||||||
| faculty & FORMER PRESIDENT | 60.0 | 350102 | 0 | 82995 | X | ||||
| Deborah Merrill-Sands | |||||||||
| Dean of the School of Business | 40.0 | 245660 | 0 | 37448 | X | ||||
| Katherine Schultz | |||||||||
| Dean of School of Education | 40.0 | 195503 | 0 | 34884 | X | ||||
| Bruce B Williams | |||||||||
| Fletcher Jones Sociology Prof | 40.0 | 161955 | 0 | 23239 | X | ||||
| Marianne B Sheldon | |||||||||
| Bd Sec,WASC Liaison, Professor | 40.0 | 154764 | 0 | 28496 | X | ||||
| Ramon S Torrecilha | |||||||||
| former Executive VP | 50.0 | 511046 | 0 | 20716 | X | ||||
| Mary-Ann Milford | |||||||||
| Former Provost and Dean | 40.0 | 138632 | 0 | 21347 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3238658 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 506438 | TotalOtherCompensation |
| Number Individuals GT100 K | 67 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Bon Appetit Compass Group | |||||
| PO Box 59184 | BOULDER | CO | 80322 | Food svc provider | 2923259 |
| Knowledge networks | |||||
| 2100 Geng RoAd Suite 210 | PALO ALTO | CA | 94303 | Research and surveys | 272000 |
| ABM Janitorial Services | |||||
| 420 Taylor St Second Floor | SAN FRANCISCO | CA | 94102 | Janitorial services | 537189 |
| The Permanente Medical Group Inc | |||||
| 1950 Franklin St 18th Floor | OAKLAND | CA | 94612 | on-campus med ctr | 515110 |
| Altura Construction | |||||
| PO Box 2307 | NAPA | CA | 94558 | Construction | 429295 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| Government Grants | 2369834 | GovernmentGrants |
| All Other Contributions | 7062996 | AllOtherContributions |
| Noncash Contributions | 1716716 | NoncashContributions |
| Total Contributions | 9432830 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 49786013 | 49786013 |
| AUXILIARY SERVICES | 611710 | 11662540 | 11662540 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 61448553 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1670738 | TotalRevenueColumn |
| Unrelated Business Revenue | -62217 | UnrelatedBusinessRevenue |
| Exclusion | $1,732,955 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16078035 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14585694 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1492341 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1492341 | TotalRevenueColumn |
| Exclusion | $1,492,341 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISCELLANEOUS | 611710 | 674545 | $674,545 | |
| SWIMMING POOL | 713940 | 233608 | $90,268 | 143340 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 908153 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74952615 | TotalRevenueColumn |
| Related Or Exempt Function Income | 61448553 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 81123 | UnrelatedBusinessRevenue |
| Exclusion | $3,990,109 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 490502 | Total |
| Program Services | 490502 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20405365 | Total |
| Program Services | 20405365 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269912 | Total |
| Program Services | 269912 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1987647 | Total |
| Program Services | 485479 | ProgramServices |
| Management And General | 1226100 | ManagementAndGeneral |
| Fundraising | 276068 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124587 | Total |
| Fundraising | 124587 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31916927 | Total |
| Program Services | 26740935 | ProgramServices |
| Management And General | 3800693 | ManagementAndGeneral |
| Fundraising | 1375299 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2307243 | Total |
| Program Services | 1956355 | ProgramServices |
| Management And General | 255470 | ManagementAndGeneral |
| Fundraising | 95418 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3512790 | Total |
| Program Services | 2755718 | ProgramServices |
| Management And General | 612591 | ManagementAndGeneral |
| Fundraising | 144481 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2402414 | Total |
| Program Services | 2032530 | ProgramServices |
| Management And General | 265417 | ManagementAndGeneral |
| Fundraising | 104467 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138171 | Total |
| Program Services | 60184 | ProgramServices |
| Management And General | 50618 | ManagementAndGeneral |
| Fundraising | 27369 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148095 | Total |
| Management And General | 148095 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11665 | Total |
| Fundraising | 11665 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 871745 | Total |
| Management And General | 871745 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5634870 | Total |
| Program Services | 5118182 | ProgramServices |
| Management And General | 502409 | ManagementAndGeneral |
| Fundraising | 14279 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127803 | Total |
| Program Services | 127579 | ProgramServices |
| Fundraising | 224 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3840960 | Total |
| Program Services | 2839604 | ProgramServices |
| Management And General | 887741 | ManagementAndGeneral |
| Fundraising | 113615 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381441 | Total |
| Program Services | 232895 | ProgramServices |
| Management And General | 120426 | ManagementAndGeneral |
| Fundraising | 28120 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3736033 | Total |
| Program Services | 3307045 | ProgramServices |
| Management And General | 331481 | ManagementAndGeneral |
| Fundraising | 97507 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 777985 | Total |
| Program Services | 582963 | ProgramServices |
| Management And General | 127295 | ManagementAndGeneral |
| Fundraising | 67727 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 478203 | Total |
| Program Services | 209625 | ProgramServices |
| Management And General | 107886 | ManagementAndGeneral |
| Fundraising | 160692 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1621937 | Total |
| Program Services | 1386823 | ProgramServices |
| Management And General | 181089 | ManagementAndGeneral |
| Fundraising | 54025 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5002644 | Total |
| Program Services | 4277465 | ProgramServices |
| Management And General | 558545 | ManagementAndGeneral |
| Fundraising | 166634 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 660400 | Total |
| Program Services | 329843 | ProgramServices |
| Management And General | 318094 | ManagementAndGeneral |
| Fundraising | 12463 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| HOSPITALITY | 621066 | 325275 | 256449 | 39342 |
| INDIRECT GRANT COSTS | 443318 | 443318 | ||
| OTHER: BAD DEBT EXPENSE | 272350 | 271857 | 493 | |
| COLLEGE/STUDENT EVENTS | 66073 | 64189 | 1884 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155930 | Total |
| Program Services | 133500 | ProgramServices |
| Management And General | 20657 | ManagementAndGeneral |
| Fundraising | 1773 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88408076 | Total |
| Program Services | 74847143 | ProgramServices |
| Management And General | 10645178 | ManagementAndGeneral |
| Fundraising | 2915755 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25688 | BOY |
| EOY | 35866 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16446898 | BOY |
| EOY | 10191455 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19228541 | BOY |
| EOY | 13945474 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 912391 | BOY |
| EOY | 1024568 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 285041 | BOY |
| EOY | 133000 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2631977 | BOY |
| EOY | 2749268 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174770 | BOY |
| EOY | 79587 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1839410 | BOY |
| EOY | 1808867 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 199448626 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 82292710 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120306835 | BOY |
| EOY | 117155916 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66903164 | BOY |
| EOY | 61948117 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101520325 | BOY |
| EOY | 102422520 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 330275040 | BOY |
| EOY | 311494638 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6731894 | BOY |
| EOY | 6253206 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34150143 | BOY |
| EOY | 33431026 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6450020 | BOY |
| EOY | 7431234 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47332057 | BOY |
| EOY | 47115466 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81549284 | BOY |
| EOY | 73263711 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71480568 | BOY |
| EOY | 59281924 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129913131 | BOY |
| EOY | 131833537 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 282942983 | BOY |
| EOY | 264379172 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 330275040 | BOY |
| EOY | 311494638 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -13455461 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -5108350 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | INFLUENCE ON LEGISLATIVE MATTERS | Identifier |
| Return Reference | SCHEDULE C, PART I-A, LINE 1 AND PART II-B | ReturnReference |
| Explanation | THIS ORGANIZATION MAY, TO AN INSUBSTANTIAL DEGREE, MAKE COMMENTS OR STATEMENTS CONCERNING LEGISLATION WHICH MAY IMPACT THE EDUCATION INDUSTRY. THE ORGANIZATION HAS NOT INTERVENED IN ANY POLITICAL CAMPAIGN. THE ORGANIZATION WILL POSSIBLY ENGAGE IN TELEPHONE CONVERSATIONS AND/OR WRITE LETTERS TO VARIOUS FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING MATTERS WHICH AFFECT THE EDUCATION INDUSTRY AS A WHOLE. THE AMOUNT OF TIME AND MONEY INVOLVED IN THESE ACTIVITIES IS NEGLIGIBLE. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 107125 | RevenuesIncluded |
| Assets In Part X | 2707387 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 183397312 | BeginningOfYearBalance |
| Contributions | 1916397 | Contributions |
| Investment Earnings Or Losses | -1633727 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4407597 | GrantsOrScholarships |
| Other Expenditures | 12632706 | OtherExpenditures |
| Administrative Expenses | 871745 | AdministrativeExpenses |
| End Of Year Balance | 165767934 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 165376656 | BeginningOfYearBalance |
| Contributions | 3368961 | Contributions |
| Investment Earnings Or Losses | 28685789 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4566223 | GrantsOrScholarships |
| Other Expenditures | 8642775 | OtherExpenditures |
| Administrative Expenses | 825096 | AdministrativeExpenses |
| End Of Year Balance | 183397312 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 156570854 | BeginningOfYearBalance |
| Contributions | 2679071 | Contributions |
| Investment Earnings Or Losses | 19398573 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4227765 | GrantsOrScholarships |
| Other Expenditures | 8523852 | OtherExpenditures |
| Administrative Expenses | 520225 | AdministrativeExpenses |
| End Of Year Balance | 165376656 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 210555656 | BeginningOfYearBalance |
| Contributions | 4757006 | Contributions |
| Investment Earnings Or Losses | -45464895 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4058921 | GrantsOrScholarships |
| Other Expenditures | 8555553 | OtherExpenditures |
| Administrative Expenses | 662439 | AdministrativeExpenses |
| End Of Year Balance | 156570854 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03800 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.96200 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 291686 | OtherCostOrOtherBasis |
| Book Value | 291686 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 103843217 | OtherCostOrOtherBasis |
| Depreciation | 34391983 | Depreciation |
| Book Value | 69451234 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 60861962 | OtherCostOrOtherBasis |
| Depreciation | 18668967 | Depreciation |
| Book Value | 42192995 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 31572858 | OtherCostOrOtherBasis |
| Depreciation | 29231760 | Depreciation |
| Book Value | 2341098 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2878903 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 2878903 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 117155916 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS | 41054146 | F |
| INTERNATIONAL EQUITY FUNDS | 61089742 | F |
| REITS | 278632 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 102422520 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY AND LIFE INCOME PAYABLE | $2,152,386 |
| LINE OF CREDIT | $4,000,000 |
| GOV'T ADVANCES FOR STUDENT LOANS | $1,278,848 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7431234 | TotalOfAmounts |
| Total Revenue | 74952615 | TotalRevenue |
| Total Expenses | 88408076 | TotalExpenses |
| Excess Or Deficit For Year | -13455461 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -4853644 | NetUnrealizedGLOnInvestments |
| Other | -$254,706 | OtherAmount |
| Total Adjustments | -5108350 | TotalAdjustments |
| Excess Or Deficit Per FS | -18563811 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 49325302 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -4853644 | NetUnrealizedGainsInvestments |
| Other Revenues | -254706 | OtherRevenues |
| Revenue Not Rptd F990 | -5108350 | RevenueNotRptdF990 |
| Revenue Subtotal | 54433652 | RevenueSubtotal |
| Investment Expenses Not Included | 871745 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 19647218 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20518963 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 74952615 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 67889113 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 67889113 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 871745 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 19647218 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20518963 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 88408076 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Collections of Art, Historical Treasures or Other Similar Assets | Identifier |
| Return Reference | SCHEDULE D, PART III, LINE 4 | ReturnReference |
| Explanation | COLLECTION ITEMS ARE ACQUIRED BY DONATION AND INCLUDE WORKS OF ART, RARE BOOKS AND DOCUMENTS. COLLECTIONS ARE HELD FOR THE PURPOSE OF ENHANCING CURRICULUM AND FOR PUBLIC EXHIBITION FOR EDUCATIONAL PURPOSES OR RESEARCH. THEY ARE NOT FOR FINANCIAL GAIN. COLLECTIONS ARE PROTECTED, CARED FOR, AND PRESERVED. ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE MANAGED AND USED FOR THE PURPOSE OF ENSURING CONTINUED SUPPORT FOR THE COLLEGE'S LONG TERM EDUCATIONAL PURPOSES. THE LONG TERM FINANCIAL GOAL FOR THE ENDOWMENT INVESTMENT PORTFOLIO IS TO PROVIDE RELATIVELY STABLE STREAM OF EXPENDABLE REVENUE THAT INCREASES OVER TIME AT LEAST AS FAST AS THE GENERAL RATE OF INFLATION. FIN 48 SCHEDULE D, PART X, LINE 2 The College has identified and evaluated significant tax positions in its significant tax jurisdictions which are the federal and California state tax jurisdictions. The College has also determined that the open tax years are generally three years for federal and four years for California tax purposes. Thus, the general open tax years are the years ended June 30, 2009 through June 30, 2011 for federal purposes and the years ended June 30, 2008 through June 30, 2011 for California purposes. For both federal and California, there is an unrelated business income net operating loss carryover of approximately $1 million. The carryover extends the statute of limitations and thus the open tax years for purposes of the net operating loss only are the years ended June 30, 2005 through June 30, 2007 for federal purposes and the years ended June 30, 2005 through June 30, 2006 for California purposes. The College applies ASC 740-10-25, Accounting for Uncertainty in Income Taxes, to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of the year ended June 30, 2012 and the year ended June 30, 2011, nor are any changes anticipated in the twelve months following June 30, 2012. A net operating loss can only be reflected as a benefit (deferred tax asset) on the Statement on Financial Position when it is likely that the loss would be utilized against taxable income in another tax year. Since there is not presently a likelihood of taxable income in another tax year, the College does not have a deferred tax asset on the Statement on Financial Position and there have been no related tax penalties or interest, which would be classified as tax expense in the Statement of Activities. RECONCILIATIONS SCHEDULE D, PART XI, LINE 8 - OTHER ADJUSTMENTS ACTUARIAL ADJUSTMENT (254,706) SCHEDULE D, PART XII, LINE 2D - OTHER ADJUSTMENTS ACTUARIAL ADJUSTMENT (254,706) SCHEDULE D, PART XII, LINE 4B - OTHER ADJUSTMENTS STUDENT FINANCIAL AID 19,647,218 SCHEDULE D, PART XIII, LINE 4B - OTHER ADJUSTMENTS STUDENT FINANCIAL AID 19,647,218 | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE E, LINE 3 | Identifier |
| Explanation | MILLS COLLEGE DRAWS STUDENTS FROM A LARGE GEOGRAPHIC REGION AND ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. MILLS COLLEGE WAS RANKED ONE OF THE TOP 20 MOST DIVERSE LIBERAL ARTS COLLEGES IN THE NATION BY U.S. NEWS & WORLD REPORT. IN THE ACADEMIC YEAR 2011-2012 52% OF THE UNDERGRADUATE STUDENTS AND 43% OF THE GRADUATE STUDENTS WERE OF COLOR INCLUDING STUDENTS THAT IDENTIFIED THEMSELVES AS MULTI-ETHNIC. MILLS COLLEGE INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS CATALOG, STUDENT APPLICATION AND IN THE MAJORITY OF ITS BROCHURES AND OTHER WRITTEN ADMISSIONS COMMUNICATIONS. THE POLICY IS INCLUDED ON THE COLLEGE WEB PAGE. SCHEDULE E, LINE 6A THE COLLEGE RECEIVES FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (17 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | Faculty Research | 4000 |
| East Asia and the Pacific | 0 | 0 | Program Services | Prof. Development | 3248 |
| East Asia and the Pacific | 0 | 0 | Fundraising | 25939 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | Faculty Research | 5900 |
| Europe (Including Iceland and Greenland) | 0 | Program Services | Prof. Development | 16889 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | Misc. Expenses | 6535 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | Faculty Travel Grant | 4490 |
| North America | 0 | 0 | Program Services | Misc. Expenses | 1334 |
| North America | 0 | 0 | Program Services | Prof. Development | 14871 |
| South Asia | 0 | 0 | Program Services | Faculty Research | 3900 |
| East Asia and the Pacific | 0 | 0 | Grantmaking | Education Assistance | 69490 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | Education Assistance | 190871 |
| South America | 0 | 0 | Grantmaking | Education Assistance | 5617 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | Education Assistance | 3934 |
| South Asia | 0 | 0 | Program Services | Faculty Travel Grant | 750 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | 9614000 | |
| Central America and the Caribbean | 0 | 0 | Investments | 34487000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 44458768 | SubtotalAmountSpent |
| Total Amount Spent | 44458768 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (4 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| Financial Aid | East Asia/Pacific | 6 | 69490 | Account Crdt |
| Financial Aid | Europe/Iceland/Greenland | 24 | 190871 | Account Crdt |
| Financial Aid | South America | 1 | 5617 | Account Crdt |
| Financial Aid | Sub-Saharan Africa | 1 | 3934 | Account Crdt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F, PART I, LINE 2 | Identifier |
| Explanation | GRANTS ARE ACCOUNTED FOR IN A SEPARATE AND UNIQUE FUND AND THE EXPENDITURES ARE MONITORED AGAINST THE PROPOSAL AND AWARD. THE COLLEGE MANAGES AN EXTENSIVE FINANCIAL AID PROGRAM TO ENSURE THAT A HIGHLY QUALIFIED AND DIVERSE POPULATION IS ABLE TO MATRICULATE AND CONTINUE TO GRADUATION. THE ASSISTANCE PROGRAMS TAKE TWO MAJOR FORMS: MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID. THE FINANCIAL AID DEPARTMENT MONITORS THE AMOUNTS GIVEN BY GRANTS. SCHEDULE F, PART III, LINE 1 FOREIGN INDIVIDUALS ARE DEFINED AS THOSE LIVING OUTSIDE THE U.S. AT THE TIME THE AID WAS AWARDED. THE AMOUNTS REPORTED IS A BEST ESTIMATE BASED ON CERTAIN ASSUMPTIONS REGARDING WHERE THE PERSONS WERE LIVING WHEN THE AID WAS AWARDED. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Oakland Unified School District | |||||||
| 1025 2nd Avenue | Oakland | CA | 94605 | 946000385 | 117 | 17407 | Technical Assistance and Expertise |
| University of Southern California | |||||||
| USC Anneberg 3502 Watt Way | Los Angeles | CA | 90089 | 951642394 | 501(c)(3) | 215579 | Conduct Research and Interviews |
| Harvard University | |||||||
| 350 Massachussetts Ave Ste 600 | Cambridge | MA | 02138 | 042103580 | 501(c)(3) | 117016 | Conduct Research and Interviews |
| Princeton University | |||||||
| Institute for Advanced Study Einst | Princeton | NJ | 08540 | 210634988 | 501(c)(3) | 57500 | Conduct Research and Interviews |
| Math Horizon LLC | |||||||
| 3411 Spinnaker Way | Ackworth | GA | 30102 | 205352863 | 29200 | Review and Translate Materials | |
| Lesson Study Alliance | |||||||
| 4801 S Kenwood Ave | Chicago | IL | 60615 | 273869694 | 501(c)(3) | 25000 | Review and Translate Materials |
| Global Education Resource | |||||||
| 37 Station Road | Madison | NJ | 07940 | 223835977 | 28800 | Review and Translate Materials | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 5 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Prizes & Research Awards | 213 | 116096 |
| Financial Aid | 1459 | 19531122 |
| Student services | 1 | 14896 |
| Instruction, research, support | 152 | 683251 |
| Research stipends | 6 | 60000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE I, PART I, LINE 2 | Identifier |
| Explanation | GRANTS ARE PUT INTO A SEPARATE AND UNIQUE FUND AND THE EXPENDITURES ARE MONITORED AGAINST THE PROPOSAL AND AWARD. THE COLLEGE MANAGES AN EXTENSIVE FINANCIAL AID PROGRAM TO ENSURE THAT A HIGHLY QUALIFIED AND DIVERSE POPULATION IS ABLE TO MATRICULATE AND CONTINUE TO GRADUATION. THE ASSISTANCE PROGRAMS TAKE TWO MAJOR FORMS: MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID. THE FINANCIAL AID DEPARTMENT MONITORS THE AMOUNTS GIVEN BY THE GRANT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Janet L Holmgren | |||||||||||||
| 296154 | 0 | 0 | 0 | 53948 | 0 | 33654 | 0 | 49341 | 0 | 433097 | 0 | 0 | 0 |
| Alecia A DeCoudreaux | |||||||||||||
| 200551 | 0 | 0 | 0 | 5637 | 0 | 10863 | 0 | 33496 | 0 | 250547 | 0 | 0 | 0 |
| Ramon S Torrecilha | |||||||||||||
| 131488 | 0 | 0 | 0 | 379558 | 0 | 15614 | 0 | 5102 | 0 | 531762 | 0 | 0 | 0 |
| Sandra C Greer | |||||||||||||
| 230367 | 0 | 0 | 0 | 30000 | 0 | 23108 | 0 | 12749 | 0 | 296224 | 0 | 0 | 0 |
| Jamie L Nickel | |||||||||||||
| 139380 | 0 | 0 | 0 | 0 | 0 | 14799 | 0 | 19420 | 0 | 173599 | 0 | 0 | 0 |
| Lulesa M Hammond | |||||||||||||
| 131334 | 0 | 0 | 0 | 0 | 0 | 12884 | 0 | 9501 | 0 | 153719 | 0 | 0 | 0 |
| Therese M Leone | |||||||||||||
| 153556 | 0 | 0 | 0 | 0 | 0 | 8487 | 0 | 23161 | 0 | 185204 | 0 | 0 | 0 |
| Cynthia Brandt Stover | |||||||||||||
| 226642 | 0 | 0 | 0 | 6000 | 0 | 22715 | 0 | 13395 | 0 | 268752 | 0 | 0 | 0 |
| Renee I Jadushlever | |||||||||||||
| 187708 | 0 | 0 | 0 | 0 | 0 | 19150 | 0 | 15754 | 0 | 222612 | 0 | 0 | 0 |
| Andrew A Workman | |||||||||||||
| 169821 | 0 | 0 | 0 | 0 | 0 | 16698 | 0 | 1133 | 0 | 187652 | 0 | 0 | 0 |
| Deborah Merrill-Sands | |||||||||||||
| 220064 | 0 | 0 | 0 | 25596 | 0 | 22125 | 0 | 15323 | 0 | 283108 | 0 | 0 | 0 |
| Katherine Schultz | |||||||||||||
| 195503 | 0 | 0 | 0 | 0 | 0 | 18458 | 0 | 16426 | 0 | 230387 | 0 | 0 | 0 |
| Bruce B Williams | |||||||||||||
| 161955 | 0 | 0 | 0 | 0 | 0 | 15566 | 0 | 7673 | 0 | 185194 | 0 | 0 | 0 |
| Marianne B Sheldon | |||||||||||||
| 154764 | 0 | 0 | 0 | 0 | 0 | 15656 | 0 | 12840 | 0 | 183260 | 0 | 0 | 0 |
| Mary-Ann Milford | |||||||||||||
| 138632 | 0 | 0 | 0 | 0 | 0 | 13741 | 0 | 7606 | 0 | 159979 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE J PART I, LINE 1A | Identifier |
| Explanation | FIRST-CLASS TRAVEL: PRIOR TO FISCAL YEAR 2012, ON OCCASION FIRST-CLASS TRAVEL WAS AUTHORIZED FOR EXTENDED TRAVEL OF 2000 MILES OR MORE BY A POLICY ADOPTED BY THE COLLEGE BOARD OF TRUSTEES. THERE WAS NO FIRST CLASS TRAVEL ALLOWED DURING FISCAL YEAR 2012 AND THE COLLEGE TRAVEL POLICY IS BEING UPDATED TO REFLECT THIS AND OTHER CHANGES. THE PRESIDENT'S EXPENSES ARE REVIEWED BY THE CHAIR OF THE FINANCE COMMITTEE. DISCRETIONARY SPENDING ACCOUNT: THE COLLEGE FORMER EXECUTIVE VICE PRESIDENT AND THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT RECEIVED AN AUTOMOBILE ALLOWANCE DURING CALENDAR YEAR 2011. THE ALLOWANCE IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B) (III). HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE PRESIDENT IS PROVIDED ON CAMPUS HOUSING AS A CONVENIENCE TO THE COLLEGE TO CONDUCT COLLEGE BUSINESS INCLUDING FUNDRAISING AND OTHER COLLEGE BUSINESS AS PART OF HER EMPLOYMENT CONTRACT. THE VALUE OF THE HOUSING IS INCLUDED IN NONTAXABLE BENEFITS IN SCHEDULE J, PART II, COLUMN (D). THE PROVOST AND DEAN OF FACULTY RECEIVES A HOUSING ALLOWANCE AS PART OF HER EMPLOYMENT CONTRACT. THE ALLOWANCE IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B) (III). PERSONAL SERVICES: ON OCCASION COLLEGE EMPLOYEES PERFORM ROUTINE CLEANING AND YARD SERVICE FOR THE PRESIDENT'S ON-CAMPUS RESIDENCE RELATED TO COLLEGE BUSINESS. IF REQUIRED, THE APPLICABLE AMOUNTS FOR THE ABOVE ITEMS ARE REPORTED AS TAXABLE COMPENSATION. SCHEDULE J, PART 1, LINE 4A IN CALENDAR YEAR 2011, THE COLLEGE FORMER EXECUTIVE VICE PRESIDENT RECEIVED $344,568 IN SEVERANCE PAYMENTS UNDER THE TERMS OF A SEPARATION AGREEMENT. THE PAYMENTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B) (III). THE COLLEGE HAS ENTERED INTO AN EMPLOYMENT ARRANGEMENT WITH ITS PRESIDENT WHICH INCLUDES A SEVERANCE PROVISION FOR COMPENSATION OF UP TO ONE-YEAR'S SALARY UPON SEVERANCE WITHOUT CAUSE IF CERTAIN CONDITIONS ARE MET. THERE IS NO PROVISION FOR CHANGE-IN-CONTROL. NO PAYMENTS WERE MADE THIS YEAR UNDER THIS PROVISION. SCHEDULE J PART I, LINE 4B IN CALENDAR YEAR 2011, JANET L. HOLMGREN, THE COLLEGE'S FORMER PRESIDENT WHO IS CURRENTLY A FACULTY MEMBER, PARTICIPATED IN A NON-QUALIFIED 457(F) PLAN. NO CONTRIBUTION OR PAYMENT WAS MADE DURING 2011. FORM 990, SCHEDULE J COMPENSATION FOR CERTAIN INDIVIDUALS INCLUDES SUPPLEMENTAL INCOME RELATED TO SERVICES PERFORMED OUTSIDE OF THE SCHOOL YEAR FOR RESEARCH AND OTHER GRANT FUNDED PROJECTS AS PROVIDED BY THE GRANT SOURCE. FORM 990, SCHEDULE J AND PART VII COMPENSATION FOR OFFICERS, DIRECTORS, KEY EMPLOYEES AND THE TOP FIVE PAID EMPLOYEES IS REPORTED ON BOTH SCHEDULE J AND PART VII. AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990, COLUMN B OF SCHEDULE J, PAGE 2 REPORTS THE COMPENSATION REPORTED ON THE INDIVIDUAL'S FORM W-2 FOR THE 2011 CALENDAR YEAR. IN ADDITION, COLUMN C OF SCHEDULE J, PAGE 2 REPORTS DEFERRED COMPENSATION EARNED BY EACH INDIVIDUAL DURING THE 2011 CALENDAR YEAR WHETHER THE INDIVIDUAL ACTUALLY RECEIVED THIS COMPENSATION OR NOT AND COLUMN D OF SCHEDULE J, PAGE 2 REPORTS THE NON-TAXABLE BENEFITS RECEIVED BY THE INDIVIDUAL DURING THE 2011 CALENDAR YEAR. COLUMN E OF SCHEDULE J, PAGE 2 REPORTS THE TOTAL COMPENSATION RECEIVED BY THE INDIVIDUAL DURING THE 2011 CALENDAR YEAR. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CEFA - Series 2005 A Notes | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521705592 | IssuerEIN |
| CUSIP Number | 1301756Q0 | CUSIPNumber |
| Date Issued | 2005-06-16 | DateIssued |
| Issue Price | 25842797 | IssuePrice |
| Description Of Purpose | CAPITAL PROJECTS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 26566462 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 496991 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 26069471 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | true | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Trinity Plus Funding | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 3. | TermOfGIC |
| Regulatory Safe Harbor Satisfied | true | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | true | GrossProceedsInvested |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE SCHEDULE O | Identifier |
| Return Reference | 0 | ReturnReference |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CEFA - SERIES 2005 B NOTES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521705592 | IssuerEIN |
| CUSIP Number | 1301757F3 | CUSIPNumber |
| Date Issued | 2005-09-07 | DateIssued |
| Issue Price | 3020154 | IssuePrice |
| Description Of Purpose | REFINANCE 1995 BONDS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 3020198 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 58019 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 22566 | CapitalExpenditures |
| Other Spent Proceeds | 2939613 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE SCHEDULE O | Identifier |
| Return Reference | 0 | ReturnReference |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Janet L Holmgren | NamePerson |
| Purpose Of Loan | Housing | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $300,000 | OriginalPrincipalAmount |
| Balance Due | 133000 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 133000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SEE PART V | NamePerson |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE L PART IV | Identifier |
| Explanation | BOARD TRUSTEE GORDON CHONG'S CHILD IS EMPLOYED BY MILLS COLLEGE IN AN ARMS-LENGTH ARRANGEMENT. COMPENSATION PLUS BENEFITS PAID FOR FISCAL YEAR-ENDED JUNE 30, 2012 WAS $114,062. BOARD TRUSTEE NAN GEFEN'S CHILD WAS EMPLOYED BY MILLS COLLEGE IN AN ARMS-LENGTH ARRANGEMENT. COMPENSATION PAID FOR CONSULTING FOR FISCAL YEAR-ENDED JUNE 30, 2012 WAS $10,525. BOARD TRUSTEE MARYELLEN CATTANI HERRINGER IS THE NON-EXECUTIVE CHAIRMAN OF ABM INDUSTRIES INC. IN AN ARMS-LENGTH ARRANGEMENT ABM INDUSTRIES INC. PROVIDED JANITORIAL SERVICES TO MILLS COLLEGE DURING THE YEAR ENDED JUNE 30, 2012 IN THE AMOUNT OF $537,189. SHE RECEIVES NO COMPENSATION FROM MILLS COLLEGE RELATED TO THE ARRANGEMENT AND DID NOT PARTICIPATE IN ANY DISCUSSION OR APPROVAL OF THE ARRANGEMENT. IN ADDITION, SHE RECEIVES NO COMPENSATION FROM ABM INDUSTRIES INC. WITH RESPECT TO THE JANITORIAL SERVICES CONTRACT WITH MILLS COLLEGE. IN ADDITION, MS. HERRINGER IS A BOARD DIRECTOR OF PG&E CORPORATION WHICH SUPPLIES ELECTRICITY AND GAS TO MILLS COLLEGE. SHE RECEIVES NO COMPENSATION FROM PG&E WITH RESPECT TO THE CONTRACT WITH MILLS COLLEGE. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 68 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 107125 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Opinions of Experts | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 41 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 709570 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Quotation | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Pledge receivable | Description |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 900021 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STATED VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, PART VI, SECTION B, LINE 11B | Identifier |
| Explanation | GRANT THORNTON LLP AND MILLS COLLEGE FINANCE STAFF WORKED TOGETHER IN GATHERING THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE TAX RETURNS. GRANT THORNTON LLP AND THE COLLEGE PRESIDENT, THE COLLEGE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND TREASURER REVIEWED THE FORM 990 DRAFT FOR ACCURACY AND COMPLETENESS. THE BOARD OF DIRECTORS AND THE AUDIT COMMITTEE MEMBERS WERE SENT THE FINAL 990 DRAFT. AFTER A REVIEW PERIOD, THE AUDIT COMMITTEE MEMBERS MET WITH MILLS COLLEGE MANAGEMENT AND GRANT THORNTON LLP REPRESENTATIVES TO REVIEW THE DRAFT IN DETAIL. AFTER THIS REVIEW, THE FINAL FORM 990 WAS FILED. IN ADDITION, A COPY OF THE MILLS COLLEGE AUDITED FINANCIAL STATEMENTS WAS PROVIDED TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY ENFORCED BY THE AUDIT COMMITTEE WITH THE ADVICE AND ASSISTANCE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND TREASURER. THE AUDIT COMMITTEE REQUIRES EACH COLLEGE TRUSTEE, OFFICER AND KEY EMPLOYEE TO COMPLETE ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRES ARE FILED WITH THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND TREASURER AND REVIEWED BY THE AUDIT COMMITTEE, WHICH MAKES RECOMMENDATIONS ABOUT THE POTENTIAL CONFLICTS OF INTERESTS TO THE FULL BOARD. THE COMMITTEE AND THE BOARD MAINTAIN MINUTES AND OTHER DOCUMENTATION TO RECORD THEIR REVIEW OF ACTUAL OR POTENTIAL CONFLICTS. COLLEGE TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE ALSO AWARE OF THE DUTY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST DURING THE YEAR. THESE ADDITIONAL DISCLOSURES BY AN INDIVIDUAL COVERED BY THE POLICY ARE SUBMITTED TO THE AUDIT COMMITTEE CHAIR AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND TREASURER. THE AUDIT COMMITTEE WILL REVIEW THE POTENTIAL CONFLICTS AND MAKE RECOMMENDATIONS TO THE FULL BOARD. AT REGULARLY SCHEDULED MEETINGS OF THE AUDIT COMMITTEE AND THE FULL BOARD, THE AUDIT COMMITTEE REPORTS ON ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND THEIR RESOLUTION OR RECOMMENDATION. THE AUDIT COMMITTEE REVIEWS THE OPERATION OF THE POLICY AND MAKES RECOMMENDATIONS TO THE BOARD OF TRUSTEES REGARDING ANY PROPOSED CHANGES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND TREASURER (OR HIS OR HER REPRESENTATIVE) ATTENDS ALL RELEVANT MEETINGS AND ASSISTS IN PREPARING THE MINUTES. FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE MILLS COLLEGE BOARD OF TRUSTEES HAS APPROVED THE EXECUTIVE COMPENSATION POLICY. THE MILLS COLLEGE BOARD OF TRUSTEES EXECUTIVE COMPENSATION COMMITTEE HAS OVERSIGHT OF ALL ELEMENTS OF EXECUTIVE COMPENSATION AND IS RESPONSIBLE FOR RECOMMENDING THE COMPENSATION OF THE COLLEGE PRESIDENT, OTHER COLLEGE OFFICERS, AND KEY EXECUTIVES FOR APPROVAL BY THE BOARD. THE EXECUTIVE COMPENSATION COMMITTEE, AS WELL AS ANY THIRD PARTIES PROVIDING PROFESSIONAL ADVICE TO THE COMMITTEE, MUST BE INDEPENDENT. THE EXECUTIVE COMPENSATION COMMITTEE ANNUALLY CONDUCTS A REVIEW OF THE COLLEGE PRESIDENT'S, OTHER COLLEGE OFFICERS', AND KEY EXECUTIVES' COMPENSATION. TIMELY MINUTES OF ALL FINAL RECOMMENDATIONS AND ACTIONS BY THE EXECUTIVE COMPENSATION COMMITTEE AND BOARD REGARDING THE COLLEGE PRESIDENT'S COMPENSATION ARE RECORDED. THE POLICY PROVIDES THAT EXECUTIVE COMPENSATION ARRANGEMENTS SHOULD FALL WITHIN THE BOUNDS OF MARKET PRACTICE FOR COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS. FACTORS THAT ARE REVIEWED IN DETERMINING COMPARABILITY INCLUDE: 1. COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS; 2. THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; 3. CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND 4. ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE AFFECTED PERSON. COMPENSATION PACKAGES AND CONTRACTS FOR COLLEGE OFFICERS AND KEY EXECUTIVES ARE REVIEWED FOR INTERNAL CONSISTENCY AND EQUITY AS WELL AS EXTERNAL MARKET COMPARABLES. Other EMPLOYEES' COMPENSATION IS RECOMMENDED DURING THE ANNUAL BUDGET PROCESS BY THE COLLEGE OFFICERS AND KEY EXECUTIVES AND REVIEWED AND RECOMMENDED FOR APPROVAL BY THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A COMPENSATION TO JANET HOLMGREN IS BASED UPON THE PRESIDENT POSITION AND FACULTY POSITION SHE ASSUMED FOLLOWING HER TERM AS THE COLLEGE PRESIDENT. COMPENSATION TO MARY ANN MILFORD IS BASED UPON THE FACULTY POSITION SHE ASSUMED FOLLOWING THE TERM AS A COLLEGE OFFICER AND IS NOT RELATED TO HER FORMER ROLE AS AN OFFICER. FORM 990, PART XI, LINE 5 THE OTHER CHANGES IN NET ASSETS OR FUND BALANCES ARE COMPRISED OF THE FOLLOWING: NET UNREALIZED LOSS ON INVESTMENTS (4,853,644) ACTUARIAL ADJUSTMENT (254,706) ------------- TOTAL (5,108,350) ------------- FORM 990, SCHEDULE K, PART I, COLUMN E THE DIFFERENCE IN THE ISSUE PRICE REPORTED IN PART I, COLUMN E AND TOTAL PROCEEDS REPORTED IN PART II, LINE 3 RELATES TO PROCEEDS USED TO REFUND PRIOR ISSUANCES AND INVESTMENT EARNINGS ON NET PROCEEDS. SCHEDULE K, PART III LINE 7 AND PART V THE COLLEGE HAS ADOPTED PRACTICES AND PROCEDURES TO ENSURE THE POST ISSUANCE COMPLIANCE OF ITS TAX-EXEMPT BOND LIABILITIES AND TO ENSURE THAT THERE ARE NO VIOLATIONS OF FEDERAL TAX REQUIREMENTS AND THAT ANY VIOLATIONS ARE QUICKLY IDENTIFIED AND CORRECTED. THESE PROCEDURES ARE NOT CURRENTLY IN WRITING BUT WILL BE IN WRITING SHORTLY. | Explanation |
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