2013-03-20T13:08:04-05:00 2012-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2011-07-01 350868202 WABASH COLLEGE % LARRY GRIFFITH WABA 7653616100 PO BOX 352 CRAWFORDSVILLE IN 47933 LARRY GRIFFITH 7653616100 2012-05-15 true 3173834000 2011 2016-02-25 16:41:14Z PATRICK E WHITE PRESIDENT PO BOX 352 CRAWFORDSVILLE IN 47933 239109196 false X WWW.WABASH.EDU X 1832 IN WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. 36 34 1177 40341 -38679 22962380 18083278 30443910 32962434 23758309 17782516 270294 205601 77434893 69033829 14234135 15478354 0 0 22446143 23597567 0 0 3089700 22438689 25114198 59118967 64190119 18315926 4843710 493874533 479681725 83346218 83859825 410528315 395821900 WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. false false 53778309 15478354 33105524 INSTRUCTION - INSTITUTIONS'S ACADEMIC INSTRUCTION PROGRAM. STUDENT SERVICES AND ATHLETICS - ACTIVITIES WHOSE PRIMARY GOAL IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AS WELL AS INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF CLASS. ACADEMIC SUPPORT AND LIBRARY - SUPPORT SERVICES FOR INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. INCLUDES LIBRARY AND COMPUTER SERVICES. 910 STUDENTS SERVED. 53778309 true true false false false false false true false true true true false false true false true false true false true true true false false false false true true true true false false false false false false false false false true true false false false false true false false false false true 278 0 true 1177 true true true false false false false false false false false false X 36 34 true false false false true true false true true false false true true true true true true true true false IN X LARRY GRIFFITH 7653616212 301 WEST WABASH AVE CRAWFORDSVILLE IN 47933 PATRICK WHITE 50.0 X X 226867 0 36288 FRED RUEBECK 20.0 X X 50000 JAY R ALLEN 1.0 X ALLAN ANDERSON 1.0 X JOSEPH BARNETTE JR 1.0 X STEPHEN BOWEN 1.0 X DAVID BROECKER 1.0 X RICHARD CALACCI 1.0 X KEVIN CLIFFORD 1.0 X WILLYERD COLLIER 1.0 X JAMES CUMMING 1.0 X JAMES DAVLIN 1.0 X G MICHAEL DILL 1.0 X JOHN FOX JR 1.0 X ROBERT GRAND 1.0 X TED GROSSNICKLE 1.0 X THEODORE HOLLAND 1.0 X LARRY HUTCHISON 1.0 X DARYL JOHNSON 1.0 X PETER KENNEDY III 1.0 X JAMES KILBANE 1.0 X RADE KLJAJIC 1.0 X DAVID LEWIS 1.0 X HARRY MCNAUGHT JR 1.0 X ALEX MILLER 1.0 X KELLY PFLEDDERER 1.0 X 0 GARY REAMEY 1.0 X 0 JOHN SCHROEDER 1.0 X 0 DAVID SHANE 1.0 X 0 DONALD SHELBOURNE 1.0 X 0 WALTER SNODELL III 1.0 X 0 JOSEPH TURK 1.0 X 0 WILLIAM WHEELER 1.0 X 0 FREDERICK WILSON JR 1.0 X 0 PETER WILSON 1.0 X 0 PAUL WOOLLS 1.0 X 0 GARY PHILLIPS 50.0 X 165542 0 26875 LARRY GRIFFITH 50.0 X 156835 25982 STEVEN KLEIN 50.0 X 138118 26245 JOSEPH EMMICK 50.0 X 120117 24271 MICHAEL RATERS 50.0 X 101254 22333 JAMES AMIDON 50.0 X 98056 19857 THOMAS RUNGE 37.5 X 95069 21552 DWIGHT WATSON 50.0 X 110138 17997 CHARLES BLAICH 50.0 X 128571 65114 L DAVID POLLEY 50.0 X 105119 17595 RICHARD DALLINGER 50.0 X 101108 20176 TOBEY HERZOG 50.0 X 116090 21713 1712884 0 345998 11 false true false SHIEL SEXTON CO INC 902 N CAPITOL AVE INDIANAPOLIS IN 46204 CONTRACTOR-ATHL FLDS 2002430 SODEXO INC AFFILIATES 10 EARHARD DRIVE WILLIAMSVILLE NY 14221 MAINTENANCE SERVICES 3027460 BON APPETIT DINING SERVICES 100 HAMILTON AVE SUITE 300 PALO ALTO CA 94301 FOOD SERVICE 1603711 RAC CONSTRUCTION 2040 PLUMMER ROAD MARTINSVILLE IN 46151 CONTRACT RESEARCH 425376 NETECH 701 CONGRESSIONAL ROAD CARMEL IN 46032 COMPUTER SOFTWARE 341415 20 18083278 1495721 18083278 TUITION & FEES 611600 28198835 28198835 FRATERNITY LEASES 531110 973650 973650 STUDENT ROOM & BOARD 611710 2652229 2652229 ATHLETIC FACILITY REVENUE 713940 949640 949640 OTHER INCOME 611710 188080 188080 32962434 9232938 -22170 9255108 0 0 178115276 169565698 8549578 8549578 8549578 0 0 715270 509669 205601 143090 62511 0 69033829 33105524 40341 17804686 333657 333657 15124732 15124732 19965 19965 0 2058882 1656186 245051 157645 0 15775910 12690303 1877669 1207938 2114483 1148520 853396 112567 2472174 1524578 780512 167084 1176118 932652 149095 94371 0 154087 154087 163157 163157 0 0 950855 950855 2874380 2206443 236686 431251 617305 322932 294373 1252285 1124842 66297 61146 31451 29767 1684 0 5687784 4396400 964915 326469 2313801 2110374 94044 109383 0 251224 250094 1130 2433882 2370799 63083 0 4750120 4612621 127889 9610 490790 160475 330315 STUDENT ROOM & BOARD 1587600 1566132 18157 3311 BOOKS, PERIODICALS, AND MEDIA 599422 597570 771 1081 MEALS 473804 309079 66736 97989 OTHER EXPENSES 482251 290188 178265 13798 64190119 53778309 7322110 3089700 3715 3750 14475392 27280076 15121693 13561698 604897 656368 0 0 0 0 0 0 0 0 307967 283435 166661421 54082625 112963577 112578796 197410160 168152655 124645071 129949612 2758635 4277821 0 0 25583426 22937514 493874533 479681725 3961159 3826858 0 0 0 0 46155000 43885000 0 0 0 0 3450000 4545000 0 0 29780059 31602967 83346218 83859825 X 214290999 201626892 93134784 86106584 103102532 108088424 410528315 395821900 493874533 479681725 X 4843710 -19550125 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 331924878 5542318 269907 2740317 16075669 952334 317968783 287383239 4027977 57542864 2769877 13466711 792614 331924878 256920735 5223943 42744515 2705690 13920484 879780 287383239 351025806 4013570 -76929235 3105066 17040461 1043879 256920735 0.54260 0.45580 0.00160 false false 8295544 8295544 142684254 41879080 100805174 15361657 12203545 3158112 319966 319966 112578796 ALTERNATIVE INVESTMENTS 129949612 F 129949612 0 PROVISION FOR EARLY RETIREMENT 1257605 POST-RETIREMENT BENEFIT OBLIG. 22098250 SWAP TERMINATION 3773924 ANNUITIES AND TRUSTS PAYABLE 4473188 31602967 69033829 64190119 4843710 -18349298 -1200827 -19550125 -14706415 35485938 -18349298 509669 -17839629 53325567 950855 14757407 15708262 69033829 48991526 509669 509669 48481857 950855 14757407 15708262 64190119 FOOTNOTES TO FINANCIAL STATEMENTS SCHEDULE D, PART III, LINE 1A THE COLLEGE'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE'S COLLECTIONS CONSIST PRIMARILY OF BOOKS, ARTWORK AND SCIENTIFIC ARTIFACTS. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE DISPOSITION OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. FURTHERANCE OF EXEMPT PURPOSE SCHEDULE D, PART III, LINE 4 WABASH COLLEGE USES THE ART COLLECTION IN TEACHING ART AND ART HISTORY COURSES. INTENDED USES OF ENDOWMENT FUNDS SCHEDULE PART V, LINE 4 ENDOWED FUNDS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SCHOLARSHIPS FOR STUDENTS, FUNDS FOR SPECIAL PROJECTS, AND GENERAL OPERATING FUNDS FOR THE COLLEGE. FIN 48 DISCLOSURE SCHEDULE D, PART X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. OTHER ADJUSTMENTS SCHEDULE D, PARTS XI, LINE 8 PROVISION FOR EARLY RETIREMENT INCENTIVE: $ (146,884) DEFINED-BENEFIT POSTRETIREMENT HEALTH PLAN: (1,053,943) TOTAL: $ (1,200,827) RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PARTS XII, LINE 2D COST OF GOODS SOLD: $ 509,669 RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PARTS XII, LINE 4B GRANTS AND SCHOLARSHIPS: $ 14,757,407 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XIII, LINE 2C COST OF GOODS SOLD: $ 509,669 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XIII, LINE 4B GRANTS AND SCHOLARSHIPS: $ 14,757,407 true true true true true true true false false false false false false false false true false true PUBLICATION OF THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY SCHEDULE E, PART I, LINE 3 WABASH PUBLISHES THE NOTICE ANNUALLY IN THE LOCAL AND INDIANAPOLIS NEWSPAPERS. FINANCIAL AID OR ASSISTANCE RECEIVED FROM A GOVERNMENTAL AGENCY SCHEDULE E, PART I, LINE 6A WABASH STUDENTS RECEIVE PELL GRANTS AND STAFFORD LOANS. THE COLLEGE HAS RECEIVED GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, USDA, AND NATIONAL INSTITUTES OF HEALTH. true North America 0 0 Grantmaking 19965 Central America and the Caribbean Investments 60400662 0 0 0 0 60420627 60420627 North America RELIGIOUS TRAINING 19965 1 true false true true true false PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE US SCHEDULE F, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. REPORTS ARE REVIEWED BY THE GRANT ADVISORY COMMITTEE AND SENIOR STAFF. true Andover Newton Theological School Herrick Rd Newton Centre MA 024592243 042104775 501(C)(3) 10900 PROGRAM SUPPORT Baptist Theological Seminary A 3400 Brook Rd Richmond VA 23227 541776238 501(C)(3) 19800 PROGRAM SUPPORT Bethany Theological Seminary 615 National Road W Richmond IN 02912 352092595 501(C)(3) 20000 PROGRAM SUPPORT Boston College Commonwealth Ave Chestnut Hill MA 95929 042103545 501(C)(3) 15000 PROGRAM SUPPORT Brown University PO Box 1911 Providence RI 20064 050258809 501(C)(3) 15000 PROGRAM SUPPORT California State University Chico 400 W First St Chico CA 43023 951230865 501(C)(3) 14984 PROGRAM SUPPORT Catholic University of America 620 Michigan Aven NE Washington DC 07940 530196583 501(C)(3) 15000 PROGRAM SUPPORT Denison University 100 W College St Granville OH 02459 314379459 501(C)(3) 8400 PROGRAM SUPPORT Drew Theological Seminary 36 Madison Ave Madison NJ 100274649 221487164 501(C)(3) 15000 PROGRAM SUPPORT Hebrew College Herrick Rd Newton Centre MA 430150931 042104300 501(C)(3) 19800 PROGRAM SUPPORT Jewish Theological Seminary 3080 Broadway New York NY 70126 130887640 501(C)(3) 39800 PROGRAM SUPPORT Methodist Theological School 3081 Columbus Pike Delaware OH 49221 314421101 501(C)(3) 20000 PROGRAM SUPPORT New Orleans Baptist Theological Sem 3939 Gentilly Blvd new Orleans LA 76129 726033670 501(C)(3) 15000 PROGRAM SUPPORT Siena Heights University 1247 E Siena Heights Dr Adrian MI 49221 381366958 501(C)(3) 19985 PROGRAM SUPPORT University of Notre Dame 731 Grace Hall Notre Dame IN 46556 311179740 501(C)(3) 15000 PROGRAM SUPPORT Vanderbilt University 411 21st Ave S Nashville TN 37240 620476822 501(C)(3) 20000 PROGRAM SUPPORT Wake Forest Univ Divinity Sch Wake Forest Rd Winston Salem NC 27106 560532138 501(C)(3) 20000 PROGRAM SUPPORT Wesley Theological Seminary 4500 Mass Ave NW Washington DC 20016 351950856 501(C)(3) 19998 PROGRAM SUPPORT 18 MERIT SCHOLARSHIPS 28 54511 SUMMER FELLOWSHIPS 37 185000 PASTORAL LEADERSHIP PROGRAM 29 13941 STUDY ABROAD GRANTS 7 14305 SEED 2 1373 STUDENT PRIZES & AWARDS 48 46075 FACULTY SUPPORT 13 13065 PROGRAM SERVICE 3 1156 EMPLOYEE SERVICE AWARDS 32 22385 ALL OTHER PLAQUES, TROPHIES AND AWARDS 17 21287 FRATERNITY CLEANING 20 4615 STUDENT GRANTS & SCHOLARSHIPS 863 14757407 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. X X X X true true X X X X false false false false false false false false false PATRICK WHITE 226867 0 22975 13313 263155 0 GARY PHILLIPS 165542 0 16888 9987 192417 0 LARRY GRIFFITH 156835 16025 9957 182817 STEVEN KLEIN 138118 14465 11780 164363 CHARLES BLAICH 128571 13565 51549 193685 INFORMATION REGARDING BENEFTIS PROVIDED SCHEDULE J, PART I, QUESTION 1A WABASH COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE TO PATRICK E. WHITE, THE COLLEGE'S PRESIDENT, AND GARY A. PHILLIPS, THE DEAN OF THE COLLEGE. THE RESIDENCES ARE NOT INCLUDED IN THEIR TAXABLE COMPENSATION. THE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF WABASH COLLEGE, THE PRESIDENT AND DEAN WERE REQUIRED TO LIVE IN THEIR RESPECTIVE RESIDENCES AS A CONDITION OF THEIR EMPLOYMENT, THEIR RESIDENCES ARE CONTIGUOUS TO WABASH'S CAMPUS, AND ARE REGULARLY USED TO CONDUCT BUSINESS. TRAVEL FOR COMPANIONS WAS PROVIDED TO THE PRESIDENT TO FURTHER BUSINESS ACTIVITIES CONDUCTED ON BEHALF OF THE COLLEGE. HOUSEHOLD SERVICES, PERSONAL USE OF AUTOMOBILE, AND THE PERSONAL PORTION OF SOCIAL CLUB DUES WERE INCLUDED IN TAXABLE INCOME. INDIANA EDUCATION FACILITIES AUTHOIRTY 521698917 455048r91 2003-03-01 17500000 CONSTRUCTION AND EXPANSION false false false 0 0 17500000 0 0 0 161841 0 0 7338159 10000000 0 2003 true false true true false false false false 0 true true true false 0 false 0 false true AMERICAN FUNDS SEE PART V 324599 FINANCIAL SERVICES false BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS SCHEDULE L, PART IV KEVIN CLIFFORD, A TRUSTEE, IS PRESIDENT AND CEO OF AMERICAN FUNDS. WABASH COLLEGE HAS A PORTION OF ITS ENDOWMENT FUND AND 403(B) PLAN WITH AMERICAN FUNDS. X 52 1350296 MARKET VALUE X 1 145000 APPRAISAL X CRAFT ITEMS 1 325 COST 1 false true true NONCASH CONTRIBUTIONS SCHEDULE M, PART I, QUESTION 32A JPMORGAN CHASE BANK AND GOELZER INVESTMENT MANAGEMENT ARE WABASH'S CUSTODIANS WHO PROCESS AND SELL GIFTS OF STOCK. FC TUCKER CARTER HESS GROUP DISPOSES OF GIFTS OF REAL ESTATE. DIRECTOR, TRUSTEE, OR KEY EMPLOYEE FORM 990, PART VI, QUESTION 2 GARY REAMEY AND ALLAN ANDERSON HAVE A BUSINESS RELATIONSHIP. ROBERT GRAND AND RAY KLJAJIC HAVE A BUSINESS RELATIONSHIP. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, QUESTION 6 & 7A ALUMNI OF WABASH COLLEGE ARE CONSIDERED MEMBERS. AN ALUMNUS IS ANY PERSON WHO ATTENDED WABASH FOR AT LEAST TWO SEMESTERS. EVERY EVEN-NUMBERED YEAR, ALUMNI ELECT TWO TRUSTEES TO THE BOARD. EVERY ODD-NUMBERED YEAR, ALUMNI ELECT ONE TRUSTEE TO THE BOARD. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11B THE AUDIT COMMITTEE CHAIRMAN, THE CONTROLLER, AND THE TREASURER/CFO DO A DETAILED REVIEW OF THE 990. THE AUDIT COMMITTEE IS GIVEN A CHANCE TO REVIEW THE RETURN BEFORE IT IS GIVEN TO THE FULL BOARD. AN ELECTRONIC COPY OF THE FORM IS AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING. AN INDEPENDENT ACCOUNTING FIRM PERFORMS A DETAILED REVIEW OF THE 990 PRIOR TO FILING. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE SENT TO ALL BOARD MEMBERS. THE SECRETARY OF THE BOARD REVIEWS THE COMPLETED FORMS. THERE HAVE BEEN FEW CONFLICTS ON THE BOARD, BUT WHEN ONE DOES OCCUR, THE BOARD MEMBER RECUSES HIMSELF FROM VOTING. THE CONFLICT OF INTEREST AND THE RECUSAL ARE NOTED IN THE MINUTES OF THE BOARD MEETING. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B THE PRESIDENT'S COMPENSATION IS REVIEWED AND DETERMINED ANNUALLY BY A COMPENSATION COMMITTEE CONSISTING OF THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE COMMITTEE CONSIDERS DATA FROM OTHER SCHOOLS, AMONG OTHER THINGS, IN MAKING ITS REVIEW. THE PRESIDENT REVIEWS AND DETERMINES THE COMPENSATION OF THE DEANS AND THE OTHER MEMBERS OF THE PRESIDENT'S STAFF ON AN ANNUAL BASIS, WITH THE ADVICE AND CONSENT OF THE COMPENSATION COMMITTEE. ALL COMPENSATION DECISIONS ARE NOTED IN THE COLLEGE'S BOOKS AND RECORDS. OFFICER COMPENSATION WAS LAST REVIEWED IN THE FALL OF 2012. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FORM 990, PART VI, QUESTION 19 WABASH COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WABASH'S WEBSITE. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 5 UNREALIZED GAIN ON INVESTMENTS: $(18,349,297) PROVISION FOR EARLY RETIREMENT INCENTIVE: (146,884) DEFINED-BENEFIT POSTRETIREMENT HEALTH PLAN: (1,053,943) TOTAL: $(19,550,125) CHARITABLE REMAINDER TRUSTS (27) TRUST NA TRUST