GOUCHER COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GOUCHER COLLEGE (EIN 52-0591613)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201211329349302811
- Schema version
- 2010v3.4
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T14:35:30-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520591613 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOUCHER COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOUC | NameControl |
| Phone | 4103376000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1021 Dulaney Valley Road | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21204 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | W Thomas Phizacklea | Name |
| Title | VP for Finance | Title |
| Phone | 4103376000 | Phone |
| Date Signed | 2012-05-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Sanford J Ungar | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1021 Dulaney Valley Road | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 113836460 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.goucher.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1885 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | Goucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 44 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1835 | TotalNbrEmployees |
| Total Nbr Volunteers | 1000 | TotalNbrVolunteers |
| Total Gross UBI | 430112 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -459244 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 12035615 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9210364 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 63521974 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 67107340 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2987788 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4374971 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2009866 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1925214 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 80555243 | TotalRevenuePriorYear |
| Total Revenue Current Year | 82617889 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 19374572 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 20729218 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 36100262 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 37456951 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2875077 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 25408116 | OtherExpensePriorYear |
| Other Expenses Current Year | 28033333 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 80882950 | TotalExpensesPriorYear |
| Total Expenses Current Year | 86219502 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -327707 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3601613 | RevenuesLessExpensesCY |
| Total Assets BOY | 327219000 | TotalAssetsBOY |
| Total Assets EOY | 357233000 | TotalAssetsEOY |
| Total Liabilities BOY | 106289000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 102875000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 220930000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 254358000 | NetAssetsOrFundBalancesEOY |
| Mission Description | Goucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 63364121 | Expense |
| Grants | 20146921 | Grants |
| Revenue | 60546957 | Revenue |
| Description | The college provided an undergraduate Arts and Sciences education to 1,479 students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5011429 | Expense |
| Grants | 563878 | Grants |
| Revenue | 5555667 | Revenue |
| Description | The college provided a graduate education to 820 students. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 504123 | Expense |
| Grants | 18420 | Grants |
| Revenue | 599195 | Revenue |
| Description | The college provided credit and non-credit continuing studies course work for 510 participants. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 788402 | Expense |
| Grants | 0 | Grants |
| Revenue | 405521 | Revenue |
| Description | The college provided summer educational experiences for 1,887 participants. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 788402 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 405521 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 69668075 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 308 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1835 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 44 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ronald Alex Antkowiak | NamePerson |
| Telephone Number | 4103376060 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1021 Dulaney Valley Road | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21204 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (70 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Kimara Leigh Ahnert - Class of 91 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Bruce D Alexander | ||||||||
| Trustee Emeritus | 0 | X | 0 | 0 | 0 | |||
| Joe N Ballard | ||||||||
| Trustee | 2 | X | 0 | 0 | 0 | |||
| Patricia Kay Batza -Class of 91 | ||||||||
| Trustee | 8.0 | X | 0 | 0 | 0 | |||
| David I Bavar | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Jeanne V Beekhuis - Class of 49 | ||||||||
| Trustee Emerita | 0 | X | 0 | 0 | 0 | |||
| Ethel Weber Berney - Class of 46 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| John M Bond Jr | ||||||||
| Trustee | 8 | X | 0 | 0 | 0 | |||
| Winifred Cohn Borden-Class of 66 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| Edward F Brennan-Class of 07 Parent | ||||||||
| Trustee | 2 | X | 0 | 0 | 0 | |||
| Robert Lee Bull Jr-Class of 93 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Melinda J Burdette-Class of 72 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Suzanne Fineman Cohen-Class of 56 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| William Couper-Class of 03 Parent | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Pierce B Dunn | ||||||||
| Trustee | 3 | X | 0 | 0 | 0 | |||
| Janet T Farrell-Class of 73 | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Lynn Toby Fisher-Class of 71 | ||||||||
| Trustee | 3.0 | X | 0 | 0 | 0 | |||
| Hilda E Ford | ||||||||
| Trustee Emerita | 0 | X | 0 | 0 | 0 | |||
| Norma Lynn Fox-Class of 76 | ||||||||
| Trustee | 3 | X | 0 | 0 | 0 | |||
| Elaine K Freeman | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Ronald E Geesey | ||||||||
| Trustee Emeritus | 1.00 | X | 0 | 0 | 0 | |||
| Monica McTeague Gillespie | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Ann Burgunder Greif-Class of 39 | ||||||||
| Trustee Emerita | 0 | X | 0 | 0 | 0 | |||
| Alice Falvey Greif-Class of 51 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Edmund F Haile | ||||||||
| Trustee Emeritus | 1 | X | 0 | 0 | 0 | |||
| Carla Diane Hayden | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Katherine E Healy | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Sally M Herman-Class of 68 | ||||||||
| Trustee | 3.0 | X | 0 | 0 | 0 | |||
| Ellen Lipton Hollander-Class of 71 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Fern Karesh Hurst-Class of 68 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| Miriam Brown Hutchins-Class of 73 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Mary Bloom Hyman-Class of 71 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Miriam E Katowitz-Class of 73 | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Elizabeth K Knight-Class of 09 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Dorothy B Krug-Class of 41 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| Florence Beck Kurdle-Class of 61 | ||||||||
| Trustee | 16 | X | 0 | 0 | 0 | |||
| Ruth Shapiro Lenrow-Class of 74 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| David Richard Loevner | ||||||||
| Trustee Emeritus | 1 | X | 0 | 0 | 0 | |||
| Nancy Helen Marcus-Class of 72 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Sally J Michel-Class of 60 | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Michiko Yoshida Mitarai-Class of 66 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Percy Thomas Moore-Class of 95 | ||||||||
| Trustee | 0.00 | X | 0 | 0 | 0 | |||
| Thomas O Nuttle | ||||||||
| Trustee Emeritus | 1 | X | 0 | 0 | 0 | |||
| William E Pugh II-Class of 94 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Anica Donnan Rawnsley-Class of 51 | ||||||||
| Trustee Emerita | 0.00 | X | 0 | 0 | 0 | |||
| Russell R Reno Jr | ||||||||
| Trustee Emeritus | 1 | X | 0 | 0 | 0 | |||
| Maria Amelia Rodriguez-Class of 49 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Henry A Rosenberg Jr | ||||||||
| Trustee | 2 | X | 0 | 0 | 0 | |||
| Mary Katherine S Scheeler-Classof49 | ||||||||
| Trustee Emerita | 1 | X | 0 | 0 | 0 | |||
| Robin Fogel Shaivitz-Class of 72 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| SaraKay Sherman Smullens-Classof62 | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Stephen Richard Speicher-Classof10 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| J Richard Thomas Sr | ||||||||
| Trustee Emeritus | 0 | X | 0 | 0 | 0 | |||
| George E Thomsen | ||||||||
| Trustee | 2 | X | 0 | 0 | 0 | |||
| Marlene Trestman-Class of 78 | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Barbara Elise Van Winkle-Classof76 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Theodore Venetoulis | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Marilyn Southard Warshawsky-Class68 | ||||||||
| Trustee | 8 | X | 0 | 0 | 0 | |||
| Toby Wertheim-Class of 68 | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Margaret Messler Winslow-Classof69 | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Margaret Wood-Class of 08 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Toni Perlman Young-Class of 67 | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Sanford J Ungar | ||||||||
| President | 40 | 332698 | 0 | 0 | X | |||
| W Thomas Phizacklea | ||||||||
| Vice President for Finance | 40 | 173618 | 0 | 0 | X | |||
| Marc Roy | ||||||||
| Provost | 40 | 181493 | 0 | 0 | X | |||
| Lajerne Cornish | ||||||||
| Professor | 40 | 151332 | 0 | 0 | X | |||
| Gail Edmonds | ||||||||
| Vice President and Dean of Students | 40 | 135791 | 0 | 0 | X | |||
| Janet Mulderrig | ||||||||
| Vice President for Develoment & Alumnae Affairs | 40 | 163156 | 0 | 0 | X | |||
| William Leimbach | ||||||||
| Vice President for Technology & Planning | 40 | 149669 | 0 | 0 | X | |||
| Leleng To Isaacs | ||||||||
| Professor | 40 | 229048 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1516805 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 36 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| The Whiting-Turner Contracting Company | |||||
| 14900 Conference Center Drive | Chantilly | VA | 20151 | General contracting services | 3992888 |
| Bon Appetit Management Co | |||||
| 1021 Dulaney Valley Road | Baltimore | MD | 21204 | Food service provider | 3989574 |
| Benefit Design Group LLC | |||||
| 600 Washington Avenue | Towson | MD | 21204 | Architectural Services | 3250878 |
| Ziger Snead LLP | |||||
| 1006 Morton Street | Baltimore | MD | 21201 | Architectural services | 919043 |
| QM Services Inc | |||||
| 5 E Main Street Floor 1 | Mechanicsburg | PA | 17055 | Insurance products and services | 248916 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 23 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 2190310 | GovernmentGrants |
| All Other Contributions | 7020054 | AllOtherContributions |
| Noncash Contributions | 1487081 | NoncashContributions |
| Total Contributions | 9210364 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Undergraduate tuition, room and board | 611310 | 60546957 | 60546957 | 0 | $0 |
| Graduate tuition, room and board | 611310 | 5555667 | 5555667 | 0 | $0 |
| Continuing professional education | 611310 | 599195 | 599195 | 0 | $0 |
| Summer school programs | 611310 | 405521 | 405521 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 67107340 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 227452 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $227,452 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 31105017 | Securities |
| Other | 4261073 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27345618 | Securities |
| Other | 3872953 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3759399 | Securities |
| Other | 388120 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4147519 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,147,519 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1925214 | TotalRevenueColumn |
| Related Or Exempt Function Income | 64628 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 430112 | UnrelatedBusinessRevenue |
| Exclusion | $1,430,474 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1925214 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 82617889 | TotalRevenueColumn |
| Related Or Exempt Function Income | 67171968 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 430112 | UnrelatedBusinessRevenue |
| Exclusion | $5,805,445 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20729218 | Total |
| Program Services | 20729218 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1294543 | Total |
| Program Services | 368160 | ProgramServices |
| Management And General | 624546 | ManagementAndGeneral |
| Fundraising | 301837 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29313587 | Total |
| Program Services | 22036221 | ProgramServices |
| Management And General | 5937019 | ManagementAndGeneral |
| Fundraising | 1340347 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 761542 | Total |
| Program Services | 556439 | ProgramServices |
| Management And General | 164144 | ManagementAndGeneral |
| Fundraising | 40959 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4017510 | Total |
| Program Services | 3032709 | ProgramServices |
| Management And General | 803493 | ManagementAndGeneral |
| Fundraising | 181308 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2069769 | Total |
| Program Services | 1555930 | ProgramServices |
| Management And General | 419200 | ManagementAndGeneral |
| Fundraising | 94639 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74301 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 74301 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102500 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 102500 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14447 | Total |
| Management And General | 14447 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 748000 | Total |
| Management And General | 748000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1369895 | Total |
| Program Services | 929570 | ProgramServices |
| Management And General | 278773 | ManagementAndGeneral |
| Fundraising | 161552 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 450950 | Total |
| Program Services | 289884 | ProgramServices |
| Management And General | 100829 | ManagementAndGeneral |
| Fundraising | 60237 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2929341 | Total |
| Program Services | 2054796 | ProgramServices |
| Management And General | 757942 | ManagementAndGeneral |
| Fundraising | 116603 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 992341 | Total |
| Program Services | 80774 | ProgramServices |
| Management And General | 906719 | ManagementAndGeneral |
| Fundraising | 4848 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3812546 | Total |
| Program Services | 2744622 | ProgramServices |
| Management And General | 1067924 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1759492 | Total |
| Program Services | 1600250 | ProgramServices |
| Management And General | 25566 | ManagementAndGeneral |
| Fundraising | 133676 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 421588 | Total |
| Program Services | 394919 | ProgramServices |
| Management And General | 9813 | ManagementAndGeneral |
| Fundraising | 16856 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3788364 | Total |
| Program Services | 3788364 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6832148 | Total |
| Program Services | 5465719 | ProgramServices |
| Management And General | 1024822 | ManagementAndGeneral |
| Fundraising | 341607 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 362959 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 362959 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food | 417267 | 302353 | 51692 | 63222 |
| Dues and subscriptions | 296180 | 101701 | 177093 | 17386 |
| Food Service Costs | 3634108 | 3634108 | 0 | 0 |
| Staff development | 26906 | 2338 | 24568 | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86219502 | Total |
| Program Services | 69668075 | ProgramServices |
| Management And General | 13676350 | ManagementAndGeneral |
| Fundraising | 2875077 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8433000 | BOY |
| EOY | 6289000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3409000 | BOY |
| EOY | 3232000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2221000 | BOY |
| EOY | 2691000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2728000 | BOY |
| EOY | 2563000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 905000 | BOY |
| EOY | 915000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 201040000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 68780000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134558000 | BOY |
| EOY | 132260000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124453000 | BOY |
| EOY | 146271000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40089000 | BOY |
| EOY | 51685000 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2357000 | BOY |
| EOY | 2365000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8066000 | BOY |
| EOY | 8962000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 327219000 | BOY |
| EOY | 357233000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5812000 | BOY |
| EOY | 6615000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3611000 | BOY |
| EOY | 3572000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82057000 | BOY |
| EOY | 78934000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14809000 | BOY |
| EOY | 13754000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106289000 | BOY |
| EOY | 102875000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79003000 | BOY |
| EOY | 92593000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66367000 | BOY |
| EOY | 84750000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75560000 | BOY |
| EOY | 77015000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 220930000 | BOY |
| EOY | 254358000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 327219000 | BOY |
| EOY | 357233000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3601613 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 37029613 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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) |
|---|---|---|
| Volunteers | 1 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $2,243 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $12,204 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 14447 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The organization paid membership dues of $6,303 to the National Association of Independent Colleges and Universities (NAICU) and $61,911 to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU set aside 7% of the dues paid to engage in nondeductible lobbying and political expenditures. MICUA set aside nineteen percent of the dues paid to engage in nondeductible lobbying and political expenditures. Accordingly, the college has reported an amount equal to 7 percent of the NAICU dues and 19 percent of the MICUA dues paid on line 1i. | Explanation |
Schedule D IRS990ScheduleD
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Education | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 158375000 | BeginningOfYearBalance |
| Contributions | 2071000 | Contributions |
| Investment Earnings Or Losses | 38229000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3410000 | GrantsOrScholarships |
| Other Expenditures | 6929000 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 188336000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 149443000 | BeginningOfYearBalance |
| Contributions | 3471000 | Contributions |
| Investment Earnings Or Losses | 15739000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3241000 | GrantsOrScholarships |
| Other Expenditures | 7037000 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 158375000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 201483000 | BeginningOfYearBalance |
| Contributions | 3165000 | Contributions |
| Investment Earnings Or Losses | -45127000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3061439 | GrantsOrScholarships |
| Other Expenditures | 7016561 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 149443000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.22 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.78 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 10325000 | OtherCostOrOtherBasis |
| Book Value | 10325000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 159490000 | OtherCostOrOtherBasis |
| Depreciation | 47566000 | Depreciation |
| Book Value | 111924000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 29406000 | OtherCostOrOtherBasis |
| Depreciation | 21214000 | Depreciation |
| Book Value | 8192000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1819000 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 1819000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 132260000 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 22073000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 29612000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 51685000 | TotalOfBookValueSecurities |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Deposits with bond trustee | Description |
| Book Value | 2365000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 2365000 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Split interest agreements | Description |
| Book Value | 8962000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 8962000 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Other long term liabilities | $1,174,000 |
| Refundable advances from the US government | $2,364,000 |
| Payables and deferred revenues under split interest agreements | $1,212,000 |
| Asset retirement obligation | $2,464,000 |
| Obligation under interest rate swap agreement | $6,540,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 13754000 | TotalOfAmounts |
| Total Revenue | 82617889 | TotalRevenue |
| Total Expenses | 86219502 | TotalExpenses |
| Excess Or Deficit For Year | -3601613 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 35734840 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $1,294,773 | OtherAmount |
| Total Adjustments | 37029613 | TotalAdjustments |
| Excess Or Deficit Per FS | 33428000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 68262000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 0 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 10218305 | OtherRevenues |
| Revenue Not Rptd F990 | 10218305 | RevenueNotRptdF990 |
| Revenue Subtotal | 58043695 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 24574194 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 24574194 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 82617889 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 65045000 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 173 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 173 | ExpensesNotRptdF990 |
| Expenses Subtotal | 65044827 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 748000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 20426675 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 21174675 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 86219502 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | The college did not disclose its collection and related policies in the financial statements. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The Goucher College art collection comprises works of fine art and decorative art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value, which are owned by the college and are housed in buildings or on the campus grounds of Goucher College, or are loaned by the college to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings, and other artistic objects. The collection is used for scholarly research, education, and public exhibition in the furtherance of the exempt purposes of the college. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The endowment of Goucher College generates income to support the college both generally and in specific ways designated by our generous donors. Income, allocated across approximately 700 endowment funds, supports both merit and need-based scholarships of undergraduate and graduate students; undergraduate and graduate fellowships; undergraduate and graduate internships; lectureships; the library; as well as the college's general operating budget. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The college is qualified as a not-for-profit organization under Section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the college is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for fiscal 2011 or 2010. Management has analyzed the tax positions taken by the college, and has concluded that as of June 30, 2011 and 2010, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the financial statements. The college is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | $1,295,103 of other increases in net assets was attributable to a decrease in the value of the interest rate swap agreement less a financial statement rounding adjustment of $330. |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Endowment assets appropriated for expenditures of $10,339,000, less $120,695 of interest income from trusts reported in Part VIII of the return, is not included in the tax return - it is a component of unrealized and realized gains on endowment assets. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Revenues per the audited financial statements were increased for the grants and scholarships reported in Part X of the Form 990 ($20,426,675) and for realized gains on investments ($4,147,519) reported in the audited statements in the other line item as a part of net realized and unrealized gains on investments, net of amounts appropriated for expenditure. |
| SchD_P13_S00_L02d | Schedule D, Part XIII, Line 2d | Financial statement rounding |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | $20,426,675 of tuition discount reported as a contra-revenue in the audited financial statements was moved to the statement of functional expenses. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The racially nondiscriminatory policy is published in the college's academic catalogue, student handbook, and on the website. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The college participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity (SEOG) Program, Federal Work Study Program, National Science and Math Access to Retain Talent Grant Program, Academic Competitive Grant Program, and the Perkins Loan Program. The college also receives grants from the Maryland State Department of Education, Maryland Higher Education Commission, and the Maryland Department of General Services. In addition, the college was awarded sponsored research and other project grants by the U.S. Department of Justice, the U.S. Department of Housing and Urban Development, the National Science Foundation, National Institutes of Health, NASA, and the U.S. Department of Education. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (6 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Program Services | Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. | 37908 |
| East Asia and the Pacific | 0 | 0 | Program Services | Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. | 181999 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. | 530396 |
| South America | 0 | 0 | Program Services | Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. | 14726 |
| Sub-Saharan Africa | 0 | 0 | Program Services | Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. | 7113 |
| Central America and the Caribbean | 0 | 0 | Investments | 13047000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 13819142 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchF_P04_S00_L01 | Schedule F, Part IV, Line 1 | Although the college, through its investment in various alternative asset strategies, has transferred property to a foreign company during the tax year, the amount transferred to a single foreign company or percentage owned was below reporting requirements. As such, the college was not required to file Form 926. |
| SchF_P04_S00_L03 | Schedule F, Part IV, Line 3 | Although the college, through its investment in various alternative asset strategies, has interests in foreign corporations, the college's interest in any single foreign corporation was less than a 10 percent interest. As such, the college is not required to file Form 5471. |
| SchF_P04_S00_L04 | Schedule F, Part IV, Line 4 | The college, by virtue of its investment in certain alternative investment strategies and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund. In these cases, the investment manager filed Form 8621 on its investors' behalf. Consequently, the college is not required to file Form 8621. |
| SchF_P04_S00_L05 | Schedule F, Part IV, Line 5 | The college, by virtue of its investment in certain alternative assets, had ownership in foreign partnerships. However, it is unlikely that the college owned 10 percent or more of a foreign partnership nor was its investment in any single foreign partnership greater than $100,000; the 10 percent or $100,000 thresholds are the minimums for filing. Furthermore, the general partner can alleviate the college's responsibility for filing the form by filing Form 8865 with its return. A number of partnerships have elected to do so. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| Undergraduate and graduate student grants and scholarships made by the institution. | 1683 | 2188850 | 18314259 | Cash value | Tuition credits |
| Prizes, awards, internships and fellowships | 226 | 226109 | 0 | Cash value |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | Goucher College's grant funds are limited to need-based and merit-based financial assistance for attendance at the college. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. As a member of the College Board and in keeping with the principles and practices of the College Scholarship Service, financial aid is awarded to properly qualified candidates on the basis of the financial need of students and their families. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) and the Profile Form of the College Scholarship Service - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements are also overseen by the Office of Student Financial Aid. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sanford J Ungar | |||||||||||||
| 332698 | 0 | 0 | 0 | 0 | 0 | 28436 | 0 | 31562 | 0 | 392696 | 0 | 0 | 0 |
| Marc Roy | |||||||||||||
| 181493 | 0 | 0 | 0 | 0 | 0 | 5794 | 0 | 13229 | 0 | 200516 | 0 | 0 | 0 |
| Lajerne Cornish | |||||||||||||
| 151332 | 0 | 0 | 0 | 0 | 0 | 3008 | 0 | 508 | 0 | 154848 | 0 | 0 | |
| Janet Mulderrig | |||||||||||||
| 163156 | 0 | 0 | 0 | 0 | 0 | 5037 | 0 | 242 | 0 | 168435 | 0 | 0 | 0 |
| W Thomas Phizacklea | |||||||||||||
| 173618 | 0 | 0 | 0 | 0 | 0 | 5579 | 0 | 13217 | 0 | 192414 | 0 | 0 | 0 |
| William Leimbach | |||||||||||||
| 150663 | 0 | 0 | 0 | 0 | 0 | 4637 | 0 | 224 | 0 | 155524 | 0 | 0 | 0 |
| Leleng To Isaacs | |||||||||||||
| 229048 | 0 | 0 | 0 | 0 | 0 | 20589 | 0 | 7080 | 0 | 256717 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | A residence and a personal automobile, along with limited personal services, are provided for the convenience of the president of the college. Personal use of the automobile is included in the president's taxable income as reported on the W-2. The college also pays membership dues for a social club used by the president. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MD Health & Higher Ed Fac Authority (2004) | |||||||
| 520936091 | 574217TC9 | 2004-08-18 | 21808859 | Finance the cost of a 70,000 square foot 185 bed residence hall | 0 | 0 | 0 |
| MD Health & Higher Ed Fac Authority (2007) | |||||||
| 520936091 | 574217H32 | 2007-10-31 | 31285000 | Construction of a 100,000 square foot facility: library, academic, and social spaces | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 22783912 | 2365294 | 922343 | 0 | 332341 | 0 | 0 | 19421663 | 0 | 0 | 2005 | 0 | 0 | 1 | 1 |
| 0 | 0 | 32262336 | 0 | 373927 | 0 | 523148 | 17407 | 0 | 31347854 | 0 | 0 | 2009 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchK_P02_S00_L04 | Schedule K, Part II, Line 4 | Issue A (2004 bonds): Gross proceeds in reserve funds includes $667,526 allocable to the Debt Service Interest Fund as of June 30, 2011. |
| SchK_P02_S00_L08 | Schedule K, Part II, Line 8 | Issue B (2007 Bonds): Issuance costs from proceeds include $17,407 used to pay the initial letter of credit maintenance fee. Other than payment for the first fee, such fees are not paid from proceeds. |
| SchK_P03_S00_L03a | Schedule K, Part III, Line 3a | Issue B (2007 Bonds): The Institution allocated equity to finance the cafe portion of the constructed facilities. Therefore, any management or service contracts related to the operation of the facility's cafe do not give rise to private business use since this space was not financed with proceeds of the Bonds. |
| SchK_P04_S00_L01 | Schedule K, Part IV, Line 1 | Issue A (2004 Bonds): The College is not required to file an IRS Form 8038-T with respect to the Bonds. The arbitrage rebate calculations prepared for the Bonds as of the Bonds' five-year anniversary date indicated that no rebate liability accrued with respect to the Bonds. Therefore, a rebate payment was not required. Issue B (2007 Bonds): The Bonds have not reached their first five-year anniversary date. Therefore, IRS Form 8038-T has not been filed. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| William Couper | |||
| Serves as an officer, director, key employee, or a member of an entity doing business with the colle | 243799 | Bank service charges and letter of credit fees | 0 |
| Joan Wilterdink | |||
| Spouse of Key Employee | 15450 | Teaching wages | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 101 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1487081 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV at date of gift | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Horses | 7 | 0 | Appraisal |
| X | Gift annuities | 3 | 13834 | NRV at date of gift |
| X | Piano | 1 | 0 | Appraisal |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 10 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchM_P01_S00_L32b | Schedule M, Part I, Line 32b | PNC, a third party financial institution, serves as custodian for the college's stock securities account. There is a standing order to liquidate all securities when received. Generally, that order is carried out within a few days of receipt, limiting any gain or loss on the sale of securities. |
| SchM_P01_S00_L33 | Schedule M, Part I, Line 33 | The college received gifts of horses for use in its equestrian program. Revenue is not recognized for these gifts. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The Form 990, excluding Schedule B (Contributor Information), and Form 990T were distributed electronically to the Board of Trustees on April 20th, 2012 for a period of review and comment lasting ten days. Due to the sensitive nature of the information contained therein, Schedule B was made available only to members of the Audit and Governance Committee and Executive Committee upon request. At the conclusion of the period of comment and review, a meeting of the Audit and Governance Committee of the Board of Trustees was convened to review and revise (if necessary) the return prior to recommending it for approval to the Executive Committee. The form was approved for filing by the Executive Committee of the Board of Trustees on May 8th, 2012. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Every trustee, officer, and key employee is provided a copy of the Conflict of Interest Policy each spring, and required to complete an annual disclosure form reporting any actual or potential conflicts of interest. General Counsel of the college reviews the disclosure forms and reports any disclosures to the Audit & Governance Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure, and such actions are implemented by the General Counsel. The policy directs the Committee to review and update the list of key employees, and the policy itself is reviewed on a regular basis and revised as necessary. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Early each fall the College President distributes to the Board of Trustees the President's Goals and Objectives ("Goals and Objectives") for the current year. Each spring Goucher receives data from the College and University Professional Association (CUPA) on compensation at comparable institutions, including Goucher's peer group, other local colleges, and prospective overlap institutions. The Human Resources Director prepares these figures for review by the College President and by the Compensation Committee of the Board. In addition, each spring the Chair of the Board asks Board members to supply the Board Chair or the Chair of the Compensation Committee with any comments a Board member may have on the President's performance with respect to the President's Goals and Objectives. After reviewing all of these materials, the Compensation Committee meets with the President to review compensation recommendations for Senior Staff, evaluate the President's performance, and recommend compensation for the President. The Compensation Committee's role with respect to compensation for Senior Staff is to determine whether any recommendation from the President includes excess benefits. The Compensation Committee then reviews with the President the President's performance with respect to Goals and Objectives, and then meets in executive session to determine its recommendation to the Executive Committee of the Board as to the President's compensation for the next fiscal year. The Executive Committee then acts on that recommendation. The Compensation Committee Chair provides the General Counsel of the College with a confidential report of the deliberations of the Compensation Committee and the Executive Committee and of the Executive Committee's action. This report includes the CUPA comparability data on which the final determinations were based. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Most college policies and the audited financial statements are also available to the public on the college website, www.goucher.edu. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Other changes in net assets includes $35,734,840 of unrealized gains increased by $748,000 of investment expenses, $1,295,103 of unrealized gain on interest rate swap agreement, less $330 of a rounding adjustment. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (9 entries)
| Business Name Line2NameOfRelatedOrg/BusinessNameLine2 | Address Line1AddressUS/AddressLine1 | Address Line2AddressUS/AddressLine2 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of America NA Successor Trustee | |||||||||||||
| EGP Irrevocable Trust under agreement dtd 102771 | Trustee Operations | PO Box 830269 | Dallas | TX | 75283 | 999997387 | Annuity | MD | N/A | T | 0 | 1867503 | 0.5039 |
| MAJ 5 percent CRUT | |||||||||||||
| Goucher College Trustee | State Street Bank and Trust | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 999996122 | Annuity | FL | N/A | T | 0 | 312710 | 0.6081 |
| Goucher College Pooled Income Fund B | |||||||||||||
| State Street Bank and Trust Company | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 526159546 | Annuity | MD | N/A | T | 0 | 478042 | 0.6585 | |
| Goucher College Pooled Income Fund A | |||||||||||||
| State Street Bank and Trust Company | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 526143938 | Annuity | MD | N/A | T | 0 | 196047 | 0.6155 | |
| LLF 5 percent NIMCRUT | |||||||||||||
| State Street Bank and Trust | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 999994799 | Annuity | MD | N/A | T | 0 | 69780 | 0.5104 | |
| HIM 7 percent CRUT | |||||||||||||
| State Street Bank and Trust Company | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 999998520 | Annuity | MD | N/A | T | 0 | 73966 | 0.6374 | |
| ML 5 percent CRUT | |||||||||||||
| State Street Bank and Trust Company | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 999994781 | Annuity | MD | N/A | T | 0 | 221157 | 0.6031 | |
| BHZ 6 percent CRUT | |||||||||||||
| State Street Bank and Trust Company | 1 Lincoln Street SSFC 24 | Boston | MA | 02111 | 999993638 | Annuity | MD | N/A | T | 0 | 36185 | 0.649 | |
| NSS 1996 10 percent PLCRUT CF2114 | |||||||||||||
| Trust Company of Connecticut Trustee | 100 Pearl Street | Hartford | CT | 061034511 | 999991751 | Annuity | CT | N/A | T | 0 | 41345 | 0.6141 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchR_P05_S00_L01r | Identifier |
| Return Reference | Schedule R, Part V, Line 1r | ReturnReference |
| Explanation | The college received $32,250 of assets related to a terminated annuity of Pooled Income A. However, the proceeds did not exceed $50,000, therefore, it was not reported in Part V, line 2 of Schedule R. | Explanation |
Comments