2013-04-17T13:38:25-07:00 2011-06-30 990 2010-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 Academy St Kalamazoo MI 49006 James Prince 2693377225 2012-05-01 2010 2016-02-25 16:41:14Z X Eileen B Wilson-Oyelaran 1200 Academy St Kalamazoo MI 49006 114926089 0 X www.kzoo.edu X 1833 MI The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 33 31 1501 1200 28686 24917 7717386 36656415 51903202 53688376 5836189 6576042 356791 -1621531 65813568 95299302 20708594 21774008 0 0 26981282 27673088 114901 100494 2571320 18321264 19059660 66126041 68607250 -312473 26692052 239921620 305135340 54343419 70065998 185578201 235069342 The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. 0 0 60697765 21774008 51494292 Higher Education: The mission of Kalamazoo College is to prepare its graduates to better understand, live successfully within, and provide enlightened leadership to a richly diverse and increasingly complex world. As a highly selective, nationally renowned and internationally oriented four-year college of arts and sciences, Kalamazoo College has developed a tradition of excellence in the fulfillment of this mission. College enrollment for the fall quarter of 2010 was 1,369 students. 0 0 0 60697765 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 178 0 1 1501 1 1 1 1 FR GM KE MX SP 0 0 0 0 0 0 0 0 X 33 31 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Catherine Bonnes 2693377228 1200 Academy Street Kalamazoo MI 49006 Donald R Parfet 2 X 0 0 0 Charlotte H Hall 2 X 0 0 0 S Si Johnson 2 X 0 0 0 Eugene V N Bissell 2 X 0 0 0 Amy S Courter 2 X 0 0 0 Alexandra K Altman 2 X 0 0 0 Roger E Brownell 2 X 0 0 0 Jevon A Caldwell-Gross 2 X 0 0 0 Erin M P Charnley 2 X 0 0 0 James A Clayton 2 X 0 0 0 Harold J Decker 2 X 0 0 0 Helen B Etkin 2 X 0 0 0 Fred D Fischer 2 X 0 0 0 Gwen A Fountain 2 X 0 0 0 Jeffrey D Hsi 2 X 0 0 0 Mary Armacost Hulst 2 X 0 0 0 Robert O Kramer 2 X 0 0 0 Alexander C Lipsey 2 X 0 0 0 Hans P Morefield 2 X 0 0 0 Jody K Olsen 2 X 0 0 0 Gail A Raiman 2 X 0 0 0 William C Richardson 2 X 0 0 0 James A Robideau 2 X 0 0 0 Mary Beth Sarhatt 2 X 0 0 0 William R Stoeri 2 X 0 0 0 Jon L Stryker 2 X 0 0 0 Ronda E Stryker 2 X 0 0 0 Bonnie Wachter Swenby 2 X 0 0 0 Amy E Upjohn 2 X 0 0 0 William F Williams 2 X 0 0 0 Eileen B Wilson-Oyelaran 2 X 258767 0 53993 Richard E Yehle 2 X 0 0 0 Debra L Yourick 2 X 0 0 0 James E Prince 40 X 151951 0 28287 Michael A McDonald 40 X 146257 0 16663 Victoria Gorrell 40 X 108118 0 21039 Joellen Silberman 40 X 100621 0 19718 Sarah Westfall 40 X 97757 0 17681 Albert DeSimone 40 X 0 0 0 Jan Tobochnik 40 X 107000 0 79363 Gregory Diment 40 X 107769 0 16647 Peter Erdi 40 X 102177 0 26033 1180417 0 279424 8 0 1 0 Sodexo 90 S High St Dublin OH 43017 Campus Food Services 2161822 Studio Gang Architects LTD 1212 N ashland Ave Ste 212 Chicago IL 60622 Architectural 446742 Kirco Manix 101 W Big Beaver Rd Ste 200 Troy MI 48084 Construction Contractor 380703 Cambridge Associates LLC PO Box 83232 Chicgo IL 60691 Investment Advisors 234497 Suburban Mechanical Co 500 S 8th St Kalamazoo MI 49019 Construction Contractor 176623 6 0 0 24085 0 242760 36389570 2417097 36656415 Tuition and fees 611310 47152305 47152305 0 0 Room and board 611310 5795468 5795468 0 0 Other revenue 611310 740603 729804 10799 0 0 0 0 0 53688376 2047957 0 9684 2038273 0 0 0 0 0 0 0 0 309759 0 130709 0 179050 0 179050 0 0 179050 23419365 12005 18887225 16060 4532140 -4055 4528085 0 0 4528085 8847 24085 14700 -5853 0 -5853 0 0 0 0 0 0 966650 578093 388557 0 8203 380354 Loss on extinguishment of debt 611310 -2183285 -2183285 0 0 -2183285 95299302 51494292 28686 7119909 0 0 21774008 21774008 0 0 0 0 1207684 429015 571663 207006 0 0 0 0 19641456 16080014 2130321 1431121 1354683 1147102 115593 91988 4147578 2619911 1338016 189651 1321687 1085882 140260 95545 0 0 0 0 67300 125 67175 0 83650 0 83650 0 0 0 0 0 100494 100494 481987 0 481987 0 837157 638556 170533 28068 72025 66016 5959 50 2791820 2072543 567551 151726 470813 288563 172225 10025 0 0 0 0 2444335 1819325 619332 5678 3320358 3124701 76019 119638 0 0 0 0 684785 536360 101121 47304 1120374 870049 250325 0 0 0 0 0 2399831 2316413 41709 41709 161010 155851 5159 0 Study Abroad 3968800 3968800 0 0 Indirect Cost Allocation 0 1686386 -1703245 16859 Perkins 35834 0 35834 0 Unrelated Business income Tax 5000 0 5000 0 Miscellaneous 114581 18145 61978 34458 68607250 60697765 5338165 2571320 0 14234253 32534471 7028165 29179737 1144609 827549 0 0 0 0 7661838 7375853 649955 666229 879363 870508 109066475 48084995 61969780 60981480 103142593 113263350 43211064 59436163 0 0 0 0 239921620 305135340 2915837 4036606 0 0 931843 1005265 22835000 36420000 0 0 0 0 0 0 0 0 27660739 28604127 54343419 70065998 X 64623072 72369076 41718912 79925593 79236217 82774673 185578201 235069342 239921620 305135340 X 26692052 22799089 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 College faculty and staff were made aware via email of national legislation that would cut federal student aid and were provided an internet link to contact Congressional representatives to oppose the measure. 131557148 3017106 28423095 1816291 5480623 481987 155218448 122589205 651351 16722621 1569247 6336281 500501 131557148 156906549 3614928 -28831929 1215195 7415449 469699 122589205 0.22 0.78 0 0 1 1 0 2447877 2447877 1767997 78459827 31940925 48286899 0 0 0 0 0 23722089 16144070 7578019 0 2668685 0 2668685 60981480 Hedge Funds 29961731 F Private Equity Funds 12467448 F Charitable Remainder Trusts and Gift Annuities 17006984 F 59436163 0 Postretirement benefit 16276902 Annuities Payable 2871936 Payable to other beneficiaries 2976575 Federal Perkins loans 6478714 28604127 95299302 68607250 26692052 22799089 0 0 0 0 22799089 49491141 119931427 22799089 0 0 -461055 22338034 97593393 481987 -2776078 -2294091 95299302 70440286 0 0 0 2776078 2776078 67664208 481987 461055 943042 68607250 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 500 individual funds established for a variety of purposes. These funds provide support for instruction, academic support departments, student services, institutional support departments, physical plant maintenance and improvements, public service programs, and scholarships, as well as, general operating support. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Uncollectible pledge expense and payments to beneficiaries of reserved income funds SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Expenses from fundraising events, cost of sales of inventory, and loss on extinguishment of debt SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising event expenses, cost of sales of inventory, and loss on extinguishment of debt SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Uncollectible pledge expense and payments to beneficiaries of reserved income funds 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The following statement appears in the College catalogue: "Kalamazoo College is committed to equal rights, equal opportunities, and equal protection under the law. The College administers its programs without regard to race, creed, religion, age, sex, national origin, height, weight, marital status, physical disability as protected by law, or sexual orientation. The College's definition of sexual orientation proscribes discrimination based on a person's heterosexuality, homosexuality, bisexuality, or gender identity, actual or presumed." Kalamzoo College draws a substantial percentage of its students from outside the Kalamazoo community including other areas of Michigan, the United States, and foreign countries and follows a racially nondiscriminatory policy as to students. Publication is not required under Rev Proc 75-50, Section 4.03-2(b). SchE_P01_S00_L06 Schedule E, Part I, Line 6 Kalamazoo College participates in the following campus-based financial aid programs: SEOG, FWSP, Perkins (NDSL). In addition, students from the College are recipients of Pell grants, Guaranteed Student Loans, National Science Scholars Program, and Parent Loans. Central America and the Caribbean 0 0 Program Services Higher Eductaion 161046 East Asia and the Pacific 0 1 Program Services Higher Education 912621 Europe (including Iceland and Greenland) 0 8 Program Services Higher Education 1981303 Middle East and North Africa 0 0 Program Services Higher Education 38210 South America 0 5 Program Services Higher Education 532491 South Asia 0 0 Program Services Higher Education 76222 Sub-Saharan Africa 0 5 Program Services higher Education 266907 0 19 3968800 0 0 0 0 0 0 X X X X X X X 1 Wilson Bennett Technology Inc 206 Plaza Blvd Ste C Cabot AR 72023 Phonathon 0 493006 68000 425006 Bentz Whaley Flessner 7251 Ohms Ln Minneapolis MN 55439 Capital campaign planning 0 0 32494 -32494 493006 100494 392512 MI Golf Outing 32932 24085 8847 0 1767 0 4655 0 8278 0 0 32932 24085 8847 0 1767 0 4655 0 8278 14700 -5853 1 Scholarships 1332 21774008 0 Schedule I, Part I, Line 2 - Scholarships are awarded based on established criteria, including donor restrictions. SchI_P01_S00_L02 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - Scholarships are awarded based on established criteria, including donor restrictions. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Eileen B Wilson-Oyelaran 258767 0 0 0 0 0 29086 0 25335 0 313188 0 0 0 James E Prince 151951 0 0 0 0 0 17034 0 11682 0 180667 0 0 0 Michael A McDonald 146257 0 0 0 0 0 16663 0 428 0 163348 0 0 0 Jan Tobochnik 107000 0 0 0 0 0 12402 0 67389 0 186791 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President is required to live in housing provided on campus. The value of this housing is excluded from taxable income. Michigan Finance Authority 800596186 2011-06-09 34250000 Refunding 2000,2003,2007 & construct & equip athletics facilities & fields 0 0 0 0 0 34250000 0 0 21979763 270237 0 0 479692 0 11520308 1 1 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 SchK_P02_S00_L03 Schedule K, Part II, Line 3 Proceeds plus earnings on unspent proceeds. Ronda Stryker Spouse owns Radisson Plaza Hotel in Kalamazoo 37816 Event Services and Accomodations 0 X 0 Value not recorded X 35 2417097 Avg Daily stock price X Equipment 1 0 Not capitalized X Alumni event expense 4 0 Value not recorded 0 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 Noncash contributions of personal property valued at less than $5,000 are not capitalized. F990_P00_S00_L0B Form 990, Header, Line B The return is being amended to include pledge revenue not originally recorded in the June 30, 2011 audited financial statements. F990_P04_S00_L08 Form 990, Part IV, Line 8 The College maintains a substantial collection of artwork and rare books for educational purposes and public exhibition. Schedule D, Part III is not completed because the collection is not capitalized and does not meet the definition under SFAS 116. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Jon L. Stryker and Ronda E. Stryker are siblings. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees for review. A meeting is convened with the Audit Committee and the Vice President for Business and Finance to review and discuss the Forms 990 and 990T. After receiving the Audit Committee's approval, the Forms 990 and 990T are provided to the full Board of Trustees for review and comment. After sufficient time for review and comment by the full Board of Trustees, the forms 990 and 990T are timely filed. Schedule B is not provided to the Audit Committee or the full Board of Trustees in order to maintain the confidential identity of donors. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The conflict of interst policy is provided to every Trustee and Officer in October. Every recipient is asked to return a disclosure form that discloses any potential relationships that may represent a conflict of interest and discloses any gifts or loans from entities with which the College has significant business dealings. The form also asks Trustees to acknowledge that they have read the conflict of interest policy and confirm that they have no knowledge of any real or potential violation of the policy and that they will refrain from taking any unfair advantage of any information obtained in their role as Trustee or Officer. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the President is reviewed annually by the Board of Trustees. As part of this process, the President's compensation is compared to a cohort of similar institutions, the Great Lakes College Association. The result of the deliberations and decisions are documented in a statement of salary letter sent to the President and the Vice President for Business and Finance. The compensation of the College officers is determined annually by the President and compared with compensation of similarly placed officers of Great Lakes College Association institutions. The officer compensation is submitted to the Executive Committee of the Board of Trustees for review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Kalamazoo College is organized under Michigan statute MCL Section 390.751 through 390.761. The bylaws and conflict of interest policy are available by request. The financial statements are also available by request, posted on the College's website, and made available in the College library. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments Genevieve U Gilmore Endowment For The Arts PNC Bank 108 E Michigan Kalamazoo MI 49007 386470228 Trust FBO Kalamazoo College MI 501(c)(3) Line 11 c Kalamazoo College 0 Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College PNC 171 Monroe NW Z2-700-03-4 Grand Rapids MI 49503 386572671 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 0 L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept P O Box 3636 Grand Rapids MI 49503 386385367 Trust FBO Kalamazoo College MI 501(c)(3) Line 11d Kalamazoo College 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Genevieve U Gilmore Endowment For The Arts PNC Bank r 22463 Cash distribution Dorothy Hinkley Heyl Irrev Charitable Trust FBO Kalamazoo College PNC r 27132 Cash distribution L Lee Stryker Memorial Trust Fifth Third Bank Trust Dept r 11966 Cash distribution