2012-03-30T10:08:32-07:00 2011-06-30 990 2010-07-01 150532200 TRUSTEES OF HAMILTON COLLEGE TRUS 3158594315 198 College Hill Rd Clinton NY 13323 Karen Leach 3158594313 2012-03-30 2010 2016-02-24 21:20:13Z Karen L Leach 198 College Hill Road Clinton NY 13323 477597431 0 X www.hamilton.edu X 1812 NY See Part III 34 33 2265 1300 1925834 0 27477205 56817797 98190984 99765770 13029478 58429947 99758 165655 138797425 215179169 24338699 26032955 0 0 59276600 61566740 0 0 6034991 54408561 58616289 138023860 146215984 773565 68963185 914998172 1057273897 186032350 185409979 728965822 871863918 A liberal arts college founded in 1793, Hamilton College has an enrollment of approximately 1812 students, representing 49 states and 37 countries, and offers 50 majors in the liberal arts, science and mathematics. Hamilton also offers pre-professional/cooperative programs in Business, Education, Engineering, Law, and Medicine and the opportunity to study abroad in numerous foreign destinations. The College's open curriculum gives students the freedom to shape their own liberal arts education within a research and writing-intensive framework. The College also hosts athletic programs affiliated with NCAA Division III, and includes competitive varsity teams in 16 different sports, in addition to many club and intramural sports offerings. Approximately 80 student clubs and organizations in a variety of interests and disciplines help to further enrich student development. 0 0 121278325 26032955 99184738 Providing a liberal arts education to approximately 1812 undergraduate students, Hamilton College is committed to its tradition of being a school of opportunity and provides financial aid packages to approximately 50% of its students. The College employs 184 full-time professors, 94% of whom hold the highest obtainable degree in their field. 713636 0 581032 Summer recreation programs to provide opportunities for children and students to participate in team and individual sports and develop character and sportsmanship. 0 0 0 121991961 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 561 0 1 2265 1 1 1 1 FR CH SP 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Hamilton College Business Office 3158594313 198 College Hill Rd Clinton NY 13323 George Baker 1 X 0 0 0 Henry Bedford 1 X 0 0 0 Richard Bernstein 1 X 0 0 0 David Blood 1 X 0 0 0 Julia Cowles 1 X 0 0 0 Robert Delaney 1 X 0 0 0 John Emmons 1 X 0 0 0 Amy Goodfriend 1 X 0 0 0 Jennifer Murphy Hill 1 X 0 0 0 Gregory Hoogkamp 1 X 0 0 0 Joel Johnson 1 X 0 0 0 Linda Johnson 1 X 0 0 0 A G Lafley 1 X 0 0 0 Jack Levy 1 X 0 0 0 Philip Lewis 1 X 0 0 0 George Little 1 X 0 0 0 Arthur Massolo 1 X 0 0 0 Amy Merin 1 X 0 0 0 Torrence Moore 1 X 0 0 0 Robert Morris 1 X 0 0 0 Daniel Nye 1 X 0 0 0 Ronald Pressman 1 X 0 0 0 Imad Qasim 1 X 0 0 0 John Rice 1 X 0 0 0 Gregory Robitaille 1 X 0 0 0 Nancy Roob 1 X 0 0 0 Stephen Sadove 1 X 0 0 0 A Barrett Seaman 1 X 0 0 0 Susan Skerritt 1 X 0 0 0 David Solomon 1 X 0 0 0 Thomas Tull 1 X 0 0 0 Jack Withiam 1 X 0 0 0 Jaime Yordan 1 X 0 0 0 Joan H Stewart 40 X X 598652 0 122050 Karen L Leach 40 X 229620 0 32621 Meredith Harper Bonham 40 X 112026 0 11159 Richard C Tantillo 40 X 229489 0 68674 Monica Inzer 40 X 174796 0 25728 David L Smallen 40 X 173210 0 22652 Peter Tonetti 40 X 374912 0 24500 David C Paris 40 X 172981 0 36803 Derek Jones 40 X 170959 0 25697 Edward Walker 40 X 162060 0 16005 Hong Gang Jin 40 X 160996 0 20314 Maurice Isserman 40 X 149485 0 44031 2709186 0 450234 100 0 1 0 Beebe Construction PO Box 177 Utica NY 13503 General Contractor 3000612 Charles A Gaetano Construction Co 258 Genessee St Utica NY 13502 General Contractor 1983094 Machado & Silvetti Associates 560 Harrison Ave Boston MA 02118 Architects 1424455 Sportsbuilders Inc 4628 Crossroads Park Dr Liverpool NY 13088 General Contractor 1007597 Wellington Management Co LLP 75 State Street Boston MA 02109 Investment Manager 812924 22 0 0 0 0 2104213 54713584 7261469 56817797 Tuition and fees 611310 79473455 79473455 0 0 Room and board 611310 18451939 18451939 0 0 Auxilliary operations 611310 941673 941673 0 0 898703 898703 0 0 99765770 5686562 0 1925834 3760728 0 0 0 0 0 0 0 0 341785 0 176130 0 165655 0 165655 0 0 165655 314985517 0 261918165 323967 53067352 -323967 52743385 0 0 52743385 0 0 215179169 99765770 1925834 56669768 0 0 22171337 22171337 3861618 3861618 2448083 296140 1852102 299841 44574604 38651163 3144899 2778542 3894677 3354264 301794 238619 7155896 6068955 647488 439453 3493480 2909798 357707 225975 152492 152492 187805 187805 680 680 2471546 2471546 2105403 1004727 728426 372250 298861 287675 11186 7780372 6714222 522999 543151 1211744 1049204 162540 5814237 5651438 91865 70934 4018349 3453985 297642 266722 153091 134345 8690 10056 6017831 6017831 13586204 10460366 3026381 99457 1032296 12331 1019965 Food service costs 5083798 4765999 0 317799 Small equipment & software 159760 142594 17166 0 Membership Dues 130989 40771 90218 0 Annuity payment expense 3247407 3247407 0 0 Prior period adjustment- interest expense 1630667 1630667 0 0 3532757 65124 3095441 372192 146215984 121991961 18189032 6034991 0 0 45869965 45835861 17795936 41056759 287252 243613 16664 12115 0 0 3789979 5224009 551924 562641 1085856 1396769 358983413 135749642 223441764 223233771 302481618 407291944 316134370 328211959 275843 1198670 0 0 3267001 3005786 914998172 1057273897 4437621 5017223 0 0 0 0 137349942 135625424 0 0 0 0 1656567 1821002 0 0 42588220 42946330 186032350 185409979 X 418964378 184023935 132158565 478600280 177842879 209239703 728965822 871863918 914998172 1057273897 X 68963185 73934911 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 680 680 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The College pays membership dues to the National Association of Independent Colleges and Universities. Approximately 7% of our annual dues is attributed to lobbying activities. 106180 3499954 0 0 X X X X Teaching 0 552767728 14616004 120443644 10775828 16499678 3022956 657528914 488817388 5500861 87676586 10558158 16284154 2384795 552767728 670321052 6804158 -158604079 10408130 16607261 2688352 488817388 0.15 0.84 0.01 1 0 0 20286952 20286952 0 274277220 97695861 176581359 0 0 0 0 0 56581651 37949509 18632142 0 7837590 104272 7733318 223233771 Faculty mortgages 1384912 F Beneficial interest trusts 7047642 F Real Estate 33522578 F Energy 66511262 F Private equity 90407086 F Hedge funds 129338479 F 328211959 Deposits with trustees of debt obligations 1198670 F 1198670 0 Annuity payable 20218235 Liability under securities lending transactions 7181243 Deposits and advances 5875983 Post retirement benefit obligation 4928268 Funds held in trust for others 1656720 Refundable government student loans 1545241 Asset retirement obligation 1540640 42946330 215179169 146215984 68963185 72657337 0 0 0 1277909 73935246 142898431 286591556 72657337 0 0 1277909 73935246 212656310 3022956 -500097 2522859 215179169 143693125 0 0 0 500097 500097 143193028 3022956 0 3022956 146215984 SchD_P03_S00_L04 Schedule D, Part III, Line 4 While the ultimate purpose of the Gallery is to increase the educational scope and opportunity for appreciation of the fine arts by Hamilton's students, it also seeks to enrich campus cultural life in general, as well as contribute to the cultural enrichment of the surrounding community. The collection includes more than 4,000 works of art, with strengths in American prints and works on paper, British art of the 20th century, ancient vases and glass, and Native American and Pre-Columbian art. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are used largely for scholarships, professorships and other academic programs of the College including support for the library, research activities, and internship support for students. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The College recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgement occurs. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of split interest agreements SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Change in value of split interest agreements SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expenses and loss on disposal of fixed assets. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental expenses and loss on disposal of fixed assets. 1 1 1 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 Our non discrimination policy is printed in our admission viewbook and on our application supplement. Anyone interested in applying to the College receives these materials. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College receives federal funding from the SEOG, Pell, AC, SMART and federal work study programs for scholarship aid to students. We also receive funding from the NYS Higher Education Opportunity Program and NYS Aid to Private Colleges. 1 Europe (including Iceland and Greenland) 2 2 Program Services Europe (including Iceland and Greenland) Program Services. The College offers students the opportunity to study abroad in France and Spain to provide a rich cultural and academic experience and develop proficiency in a foreign language. Classes are taught and excursions are provided to give students many opportunities to immerse themselves in the language and culture of the country. 2376660 East Asia and the Pacific 1 2 Program Services East Asia and the Pacific Program Services. The College offers an intensive language and culture program in Beijing to develop students' interests in the Chinese language and cultural and educational opportunities of the area. 838913 Europe (including Iceland and Greenland) Investments 6613383 Central America and the Caribbean Investments 120155210 Central America and the Caribbean Grantmaking 29478 East Asia and the Pacific Grantmaking 722211 Europe (including Iceland and Greenland) Grantmaking 2387718 Middle East and North Africa Grantmaking 132651 North America (including Canada and Mexico, but not the United States) Grantmaking 44217 South America Grantmaking 162129 South Asia Grantmaking 117912 Sub-Saharan Africa Grantmaking 265302 3 4 133845784 Scholarship aid Central America and the Caribbean 2 29478 Scholarship aid East Asia and the Pacific 48 722211 Scholarship aid Europe (including Iceland and Greenland) 137 2387718 Scholarship aid Middle East and North Africa 9 132651 Scholarship aid North America (including Canada and Mexico, but not the United States) 2 44217 Scholarship aid South America 11 162129 Scholarship aid South Asia 7 117912 Scholarship aid Sub-Saharan Africa 16 265302 1 0 1 1 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The College follows federal guidelines for determining the financial need of each student attending programs outside of the United States. The College Board Profile and the FAFSA (Free Application for Federal Student Aid) provide us with information to determine financial need. Grants and scholarships are awarded based on the demonstrated need of each student. 1 College funded scholarships 462 11296105 0 Special scholarships 184 5570981 0 General scholarships 133 4176931 0 Prize scholarships 17 621208 0 Federal grants 55 213108 0 Private gifts 8 293004 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College follows federal guidelines for determining the financial need of each student attending programs in the United States. The College Board Profile and the FAFSA (Free Application for Federal Student Aid) provide us with information to determine financial need. Grants and scholarships are awarded based on the demonstrated need of each student. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Joan H Stewart 372637 0 0 0 226015 0 48000 0 75844 0 722496 0 216053 0 Karen L Leach 222164 0 0 0 7456 0 0 0 43427 0 273047 0 0 0 Richard C Tantillo 225539 0 0 0 3950 0 0 0 79313 0 308802 0 0 0 Monica Inzer 169741 0 0 0 5055 0 0 0 31412 0 206208 0 0 0 David L Smallen 171656 0 0 0 1554 0 0 0 28679 0 201889 0 0 0 Peter Tonetti 372235 0 0 0 2677 0 0 0 27265 0 402177 0 0 0 David C Paris 171928 0 0 0 1053 0 0 0 47893 0 220874 0 0 0 Derek Jones 169945 0 0 0 1014 0 0 0 35102 0 206061 0 0 0 Edward Walker 159050 0 0 0 3010 0 0 0 16005 0 178065 0 0 0 Hong Gang Jin 160337 0 0 0 659 0 0 0 21027 0 182023 0 0 0 Maurice Isserman 149046 0 0 0 439 0 0 0 52835 0 202320 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The College requires that the President, the VP for Academic Affairs and the VP for Communications and Development reside on campus as a condition of their employment; therefore, College owned housing is provided for them. In addition, the College pays for reasonable costs of housekeeping to maintain the president's residence. Other services provided to the president include travel for her spouse when it has been determined that his travel fulfills a bona fide business purpose for the College, and payment for membership in one club in Manhattan, such as the University Club, for the purpose of meeting with College constitutients, sponsoring College events and otherwise conducting College business. Oneida County Industrial development Agency 090210781 682462LDG 2005-06-09 8781124 Construct electric substation, renovate campus bldgs, refunding of bonds issued 11/2/95 0 0 0 Oneida County Industrial Development Agency 090210781 682465BZ1 2007-03-20 59690356 Construct 40,000 sq ft addition, renovate other bldgs, refunding of bonds issued 2/11/99 0 0 0 Dormitory Authority of State of NY 146000293 649905XD3 2010-02-11 13984775 Refunding of bonds issued 2/11/99 0 0 0 Onieda County Industrial Development Agency 090210781 682465DA4 2008-09-25 54964593 Refunding of bonds issued 6/21/02 0 0 0 0 0 8781124 595491 6013390 245857 0 2521877 0 2006 1 0 1 1 0 0 59690356 2085442 22951481 1323959 0 35414916 0 2009 0 1 1 1 0 0 13984775 0 13619288 279695 0 85792 0 2001 1 0 1 1 0 0 54964593 0 51845000 371363 0 2748230 0 0 2006 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 0.0015 0 0.0015 1 0 0 1 Lehman Brothers .24 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 David Paris Mortgage X 40557 12115 0 1 1 12115 X 1 106180 Appraisal X 133 7155289 Stock Exchange 1 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b College policy stipulates that gifts of securities are to be sold upon receipt. Investment firms are used to sell securities received as contributions. SchM_P01_S00_L33 Schedule M, Part I, Line 33 The College received support for various events and other miscellaneous non cash gifts totaling $20,139 that were not reported as revenue. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a Form 990 was reviewed by the Audit Committee, a five member committee of the Board of Trustees. A copy was made available to all remaining Trustees before filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers, trustees and key employees are required to complete a questionnaire regarding potential conflicts of interest on an annual basis. The questionnaires are reviewed by the CFO and appropriate actions taken if necessary. The statements are maintained in a file on College premises. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation for the President and Senior Officers of the College (includes the Vice Presidents of Administration and Finance, IT, Academic Affairs, Admissions & Financial Aid, Communications & Development, Dean of Students, Chief Investment Officer, Chief Diversity Officer and Executive Director of the President's Office) is determined by an annual review of comparability data from two different surveys, as well as a review of the Form 990 of other organizations. This information is reviewed by the Executive Compensation Sub-committee of the Board, consisting of the Chair, the Vice Chair, and the Chairs of the Budget and Finance Committee and the Audit Committee, who make a recommendation to the Board for approval. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are posted on our website at www.hamilton.edu. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains (72,657,337), change in value of split interest agreements (1,277,909), miscellaneous (-335) MRB Charitable Remainder Unitrust 3125 County Road 250 Durango CO 81301 150532200 Trust CO N/A T 0 453240 1 LCG Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 150532200 Trust NY N/A T 0 650344 1 NEL Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 150532200 Trust NY N/A T 0 1242332 1 RMR Charitable Remainder Unitrust 41 Woodside Way San Rafael CA 94901 150532200 Trust CA N/A T 0 276618 1 GD Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 166454495 Trust NY N/A T 0 1831333 0.96 JS CRAT 198 College Hill Rd Clinton NY 13323 223230527 Trust NY N/A T 0 6107625 0.83 DCF CRAT 198 College Hill Rd Clinton NY 13323 161547632 Trust NY N/A T 0 7248862 0.79 PPC Charitable Remainder Trust 198 College Hill Rd Clinton NY 13323 166404282 Trust NY N/A T 0 1740714 0.76 CEA Charitable Remainder Unitrust 198 College HIll Rd Clinton NY 13323 166502151 Trust NY N/A T 0 76462 0.74 MFF Charitable Remainder Trust 198 College HIll Rd Clinton NY 13323 161548021 Trust NY N/A T 0 359992 0.72 RJV Charitable Remainder Trust 198 College Hill Rd Clinton NY 13323 166502149 Trust NY N/A T 0 117714 0.72 WK Charitable Remainder Trust 198 College HIll Rd Clinton NY 13323 161547635 Trust NY N/A T 0 140105 0.71 OSP Charitable Remainder Trust 198 College Hill Rd Clinton NY 13323 166515329 Trust NY N/A T 0 87357 0.71 CDSJ CRAT 198 College HIll Rd Clinton NY 13323 166337332 Trust NY N/A T 0 61545 0.68 AMH CRAT 198 College Hill Rd Clinton NY 13323 223230530 Trust NY N/A T 0 43284 0.66 JTR Charitable Remainder Trust 198 College Hill Rd Clinton NY 13323 166485988 Trust NY N/A T 0 157546 0.65 CML CRUT 198 College Hill Rd Clinton NY 13323 166502153 Trust NY N/A T 0 65047 0.65 RGH Unitrust 198 College Hill Rd Clinton NY 13323 166337342 Trust NY N/A T 0 820997 0.62 RDC Unitrust 198 College Hill Rd Clinton NY 13323 161459439 Trust NY N/A T 0 342755 0.61 WLWG CRUT 198 College Hil Rd Clinton NY 13323 336358368 Trust NY N/A T 0 174466 0.61 NFS Charitable Remainder Trust 198 College Hill Rd Clinton NY 13323 306258209 Trust NY N/A T 0 607780 0.6 FKL Unitrust 198 College Hill Rd Clinton NY 13323 166472281 Trust NY N/A T 0 183486 0.58 KKA CRUT 198 College Hill Rd Clinton NY 13323 166521193 Trust NY N/A T 0 446357 0.53 SBA Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 161547637 Trust NY N/A T 0 214527 0.59 WMB Charitable Remainder Unitrust 198 College Hil Rd Clinton NY 13323 226432958 Trust NY N/A T 0 5931154 0.64 WMB2 Charitable Remainder Unitrust 198 Colllege Hill Rd Clinton NY 13323 836055027 Trust NY N/A T 0 2334330 0.75 MJC Charitable Remainder Unitrust 198 College Hill Rd Clinton NY 13323 456159429 Trust NY N/A T 0 672260 0.75 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0