2012-03-08T08:57:24-07:00 2011-06-30 990 2010-07-01 231352698 YORK COLLEGE OF PENNSYLVANIA YORK 7178156579 441 Country Club Road York PA 174033651 C Matthew Smith 7178156579 2012-03-08 2010 2016-02-24 21:20:13Z George Waldner 441 Country Club Road York PA 174033651 140785515 0 X www.ycp.edu X 1873 PA POST-SECONDARY & PRE-SCHOOL THROUGH GRADE 12 EDUCATION. 31 27 2302 239 15541 8740 9156989 17399543 93530098 99742443 570128 458866 918146 821371 104175361 118422223 10126633 12542779 0 0 50694727 51909851 0 66250 2031855 31577222 34033149 92398582 98552029 11776779 19870194 324580961 383102549 105540251 122944988 219040710 260157561 X York College will make available, at the baccalaureate and associate degree levels, high-quality academic programs, which include general education components appropriate for the program's degree level and which cover a broad range of majors in professional and career fields as well as the arts and sciences; To offer carefully selected master's degree programs, which reflect the enrollment emphasis of the undergraduate curriculum and the professional development needs of the region. York Country Day School is a college preparatory school dedicated to the intellectual, creative and personal development of each of our students in preparation for a lifetime of learning, service and leadership. 0 0 82155737 11677264 115012697 York College of Pennsylvania traces its founding back to 1787 when it was known as York County Academy. In 1929, the institution merged with York Collegiate Institute, a non-denominational sister institution which was founded in 1873. In 1941, the institution's charter was amended to provide for a two-year liberal arts program at the junior college level and adopted the name York Junior College. In 1968, the curriculum grew to a full bachelor's degree program and the institution's name was changed to York College of Pennsylvania. Today, the College offers more than 50 baccalaureate majors in professional programs, the sciences and humanities to its 4,700 full-time undergraduate students. The College also offers master's programs in business, education and nursing and began offering a Doctorate in Nursing Practice in fall 2011. York College has thrived because it has embraced innovation and change, and has dedicated itself to the service of its students. Little known outside south-central Pennsylvania thirty years ago, the College is now rated as one of the best values in higher education in the Northeast and has grown to be the eighth largest private college in Pennsylvania. York College attracts faculty from the best graduate schools in the country. Outstanding students select York College from a geographic area that grows larger each passing year. The competitive tuition combined with scholarships that average 15.3% of tuition make the College cost effective for most students. The average incoming freshman award from institutional funds was $4,013. The College also produces extraordinary graduates who are making real contributions to communities all across the country - and increasingly around the world. The 2010-2011 alumni survey indicates that within one year of graduation, 80% of the College's graduates are working full-time or are enrolled in a graduate school program. An additional 15% are employed on a part-time basis. During 2010-2011, 100% of nursing graduates passed the ANCC for CNS certification and 99% of Education graduates passed the PRAXIX PSST. York College continues to receive very positive rankings in national publications including Barron's Best Buys in Higher Colleges and U.S. News and World Report's America's Best Colleges. York is ranked as a "top regional School", "national best buy", "best value" and "hidden gem". The York College Center for Professional Excellence in early 2011 released the results of its second annual national poll results on professionalism. The College emphasizes professionalism for all career opportunities and helps its students develop a concrete plan to attain academic growth and career success. York College encourages its students to apply what they learn in the classroom in the "real world" and prepares them to be professionals regardless of the career they pursue. 2718109 549690 3409526 York Country Day School is a coeducational, college preparatory day school, enrolling students from preschool through twelfth grade. The school was founded in 1953 by a group of parents and civic leaders who sought a challenging academic program in a private setting for the children of York County. In 1956, the school was moved to a seventeen acre tract in the suburbs southwest of York, and in the following years the school grew to include preschool classes through grade twelve. In 1975, the school became a part of York College of Pennsylvania, and the academic program was enriched through the use of college facilities such as the library, the swimming pool and the inclusion of qualified York Country Day students in college courses. In 1985, the second phase of the Plan for Excellence began with the inauguration of a new curriculum, stressing new academic programs and expanded activities and athletic opportunities. Calling for the school to prepare students for admission to the most demanding institutions of higher learning, the Board of Trustees increased the school's graduation requirements and added additional language electives, new reading, social studies and science curriculums, and a new program for two and three year olds. As part of graduation requirements, all Seniors traditionally take one full semester-length course at York College each semester, and may take up to three courses per semester at the discretion of the Upper School Head. The seniors' class schedule is designed with time built in for college courses. Taking these courses allows the students to study a broader range of subjects and have some "practice" in the college arena before they arrive on their chosen campuses as Freshmen. York College treats York Country Day students as college students and the faculty holds York Country Day students to the same academic standards as full-time students. Underclassmen who have demonstrated academic excellence may also take classes at York College with the permission of the Upper School Head. York Country Day School has a long tradition of placing graduates in highly regarded colleges and universities. 0 0 0 84873846 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 1 6509 0 1 2302 1 1 1 1 BD CJ LU NT 0 0 0 1 1 0 0 0 0 0 0 X 31 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X C Matthew Smith 7178156579 441 Country Club Road York PA 174033651 Bartman John 1 X 0 0 0 Brown John D 1 X 0 0 0 Campisi Anthony P 1.50 X 0 0 0 Crosswhite R Joseph 1.50 X 0 0 0 Delp Robert A 1 X 0 0 0 Dunmire Jr Cyril C 1 X 0 0 0 Fischer Dorothy 1 X 0 0 0 Goodling Kime Debra A 1 X 0 0 0 Hines Jeffrey R 1 X 0 0 0 Hogentogler Richard C 1.50 X 0 0 0 Kinsley Robert A 1 X 0 0 0 Kochenour Kenneth 1 X 0 0 0 McMillan MD Deborah 1.50 X 0 0 0 Mehmet Jr Robert E 1 X 0 0 0 Myers Sharon E 1 X 0 0 0 Rinehart W Scott 1 X 0 0 0 Schrantz John M 1.50 X 0 0 0 Shipley III William S 1 X 0 0 0 Shorb George A 1.50 X 0 0 0 Simpson Robert L 1 X 0 0 0 Simpson William H 1 X 0 0 0 Vizzi Carl J 1 X 0 0 0 Wand Laura 1 X 0 0 0 Welker Brian K 1 X 0 0 0 Wolf Constance L 1 X 0 0 0 Yates Edward D 1 X 0 0 0 Zifferer Jr Morton F 1 X 0 0 0 Cayce D Scott 1.5 X X 0 0 0 Glatfelter II George H 1.5 X X 0 0 0 Campbell Jr H Douglas 1.5 X X 0 0 0 Freed Robert S 1.5 X X 0 0 0 Waldner Dr George W 37.5 X 380810 0 220023 Smith C Matthew 37.5 X 201719 0 42881 Martin Kenneth 37.5 X 175818 0 24100 Coffman Nathaniel 37.5 X 153832 0 60806 DelliCarpini Dominic 37.5 X 146458 0 6967 Dammann Stacey 37.5 X 173382 0 11218 Glandon Brian 37.5 X 164522 0 29592 Helwig Daniel 37.5 X 163861 0 34281 Khanna Sardari 37.5 X 156167 0 32931 Mussano Frank 37.5 X 135281 0 41878 1851850 0 504677 63 0 1 0 Kinsley Construction 2700 Water Street PO Box 2886 York PA 174052886 General Contractor 21568895 Chartwells Compass Group PO Box 91337 Chicago IL 606931337 Food Service 4404770 LSC Design 1110 E Princess St York PA 17403 Design 1790060 Royall & Company 1920 East Parham Road Richmond VA 23228 Recruitment fulfillment 867984 Reese Lower Patrick Scott 1910 Harrington Drive Lancaster PA 17601 Architectural Services 737063 15 0 0 41912 100000 3139305 14118326 714165 17399543 Tuition & Fees 611310 79792688 79792688 0 0 Auxillary - Room, Board, Books 611710 19949755 19943497 6258 0 0 0 0 0 99742443 336015 0 9283 326732 110777 110777 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18689711 0 18677637 0 12074 0 12074 12074 0 0 60897 41912 53097 7800 0 7800 8031 6058 1973 1973 0 0 3792649 3626500 166149 166149 0 0 Parking revenue 812930 211542 211542 0 0 Centers for Excellence, Entrpreneurial studies 611710 125460 125460 0 0 Laudary and miscellaneous vending 812300 308447 308447 0 0 0 0 0 0 645449 118422223 100672607 15541 334532 315825 315825 12226954 12226954 0 0 0 0 1443414 0 1443414 0 0 0 0 0 37346802 32297617 4086678 962507 2560580 2218455 274960 67165 7812751 6760300 848527 203924 2746304 2369434 306001 70869 0 0 0 0 180837 0 180837 0 91493 0 91493 0 0 0 0 0 66250 66250 111091 0 111091 0 1112947 666598 420184 26165 1719418 211763 1358742 148913 3443904 2089857 1315488 38559 2391549 2084252 271409 35888 0 0 0 0 5991023 5758774 142877 89372 854679 634996 158147 61536 0 0 0 0 5215 0 0 5215 2714200 2710022 4178 0 0 0 0 0 9027659 8688314 203886 135459 62329 42601 19728 0 Meal plan expenses 3725499 3725499 0 0 Academic programming expenses 1020900 905238 112852 2810 1580406 1167347 295836 117223 98552029 84873846 11646328 2031855 11498 11498 8151557 12319126 5832082 12963985 1209006 1076814 0 0 0 0 0 0 691058 784755 2475833 2381949 308721178 79959774 203790595 228761404 16826736 22626953 80717515 96463100 0 0 0 0 4875081 5712965 324580961 383102549 9246246 9575121 0 0 78734278 96796404 0 0 0 0 66821 150620 2000000 0 15492906 16422843 105540251 122944988 X 189514287 216565988 6512369 18747366 23014054 24844207 219040710 260157561 324580961 383102549 X 19870194 21246657 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53896242 1090964 11538498 2895572 0 0 63630132 49107450 1600226 6239662 3051096 0 0 53896242 67798781 814511 -16149873 3355969 0 0 49107450 0.599 0.401 0 1 0 0 7632351 7632351 0 221357084 46728690 174628394 0 0 0 0 0 44978358 33231084 11747274 0 34753385 0 34753385 228761404 0 0 Diversifying equity 34885819 F U S equity securities 25064770 F Non U S equity securities 10921097 F U S government obligations 16016988 F Private equity and venture capital 6295616 F Money markets 170028 F Real estate securities 2881132 F Other 227650 F 96463100 0 Deferred compensation 8968535 Student advance payments and deposits 6634713 Advances from federal government 389339 Annuities payable 391503 Deposits held in custody for others 38753 16422843 118422223 98552029 19870194 21246657 0 0 0 0 21246657 41116851 131068426 21246657 0 0 3626500 24873157 106195269 0 12226954 12226954 118422223 89951575 0 0 0 3626500 3626500 86325075 0 12226954 12226954 98552029 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 300 individual funds established for a variety of purposes including both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by accounting principles generally accepted in the United States of America, net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The College classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund that is not classified in the permanently restricted net assets is classified as either temporarily restricted or unrestricted net assets based on the existence of donor restrictions or by law. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The College is organized under Internal Revenue Code Section 501(c)(3), and therefore is exempt from income taxes on activities related to its exempt purpose. In addition, the College has been determined by the Internal Revenue Service not to be a "private foundation" within the meaning of Section 509(a) of the Code. The College accounts for uncertainty in income taxes using a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined that there were no tax uncertainties that met the recognition threshold in 2011 and 2010. The College's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. No interest or penalties were recognized in 2011 or 2010. The College's federal Exempt Organization Business Income Tax Returns for the fiscal years ended June 30, 2010, 2009, and 2008 remain subject to examination by the Internal Revenue Service. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Excluded from revenue is the cost of goods sold relating to the Bookstore of $3,626,500. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Amounts awarded to students for financial aid which were excluded from Revenues per the audited financial statements. Total amount of revenue (offset) was $12,226,954. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Excluded from expense is the cost of goods sold relating to the Bookstore of $3,626,500. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Amounts awarded to students for financial aid which were excluded from Expenses per the audited financial statements. Total amount of expense was $12,226,954. 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 All communications written and verbal affirm the nondiscriminatory policy of the College. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College receives Federal and State grants that are normally available to an instituition including Federal Workstudy, SEOG, Academic Competitive, National SMART, National TEACH, National Science, HRSA Nursing, and Pennsylvania grants: IAG, PHEAA, National Guard, Byrd, New Economy, Chafee, Path, Wage and others. X X X X X X X 1 Wilson Bennett Technology Inc 206 Plaza Blvd Suite C Cabot AR 72023 Direct the annual "phonathon" to raise funds for the Annual Fund for scholarships. 0 165790 66250 99540 165790 66250 99540 PA Horse show 9749 2800 6949 0 0 0 0 0 4835 Greyhound Race for Gold 17099 9068 8031 2151 0 0 0 0 3907 30 83992 30044 53948 0 0 0 0 0 48262 110840 41912 68928 2151 0 0 0 0 57004 59155 9773 1 York City Police Department 50 West King Street York PA 17405 236001908 106685 0 FMV Contract Police Support Partner with Campus Police to provide enhanced safety in the vicinity of off-campus housing York Suburban School District 1800 Hollywood Drive York PA 17403 236005956 100000 0 FMV The College elects to pay an equivalent (donation in-lieu) for the assessed value of owned property that is otherwise exempt from taxation. York City School District 50 West King Street York PA 17405 236004284 55625 0 FMV The College elects to pay an equivalent (donation in-lieu) for the assessed value of owned property that is otherwise exempt from taxation. Spring Garden Township 558 South Ogontz Street York PA 17403 236003037 31700 0 FMV The College elects to pay an equivalent (donation in-lieu) for the assessed value of owned property that is otherwise exempt from taxation. City of York 50 West King Street York PA 17405 236001908 21487 0 FMV The College elects to pay an equivalent (donation in-lieu) for the assessed value of owned property that is otherwise exempt from taxation. 6 0 Unfunded merit and need scholarships from institutional funds 4817 7576198 0 FMV Scholarships funded through the College endowment ($534,661) and Quasi-endowment ($1,914,009) 1561 2448670 0 FMV Scholarships and aid from Federal and State programs of $1,190,417 which is partially funded by grants of $893,761 297 1190417 0 FMV Scholarships for the K-12 Day School 58 549690 0 FMV Scholarships funded by outside Trusts and other external organizations 1750 415050 0 FMV All other miscellaneous scholarships 243 46929 0 FMV SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College establishes seperate funds for each grant received. Expenditures are reviewed to ensure propriety with the grant and are charged against the appropriate fund. A final reconciliation is completed to ensure that all grant revenue and expenditures are appropriate and recorded properly. X X X 0 1 X X X X 0 1 0 0 0 0 0 0 0 Waldner Dr George W 376000 0 0 0 4810 0 144000 0 76023 0 600833 0 0 0 Smith C Matthew 200800 0 0 0 919 0 24700 0 18181 0 244600 0 0 0 Coffman Nathaniel 151000 0 0 0 2832 0 15100 0 45706 0 214638 0 0 0 DelliCarpini Dominic 145720 0 0 0 738 0 14500 0 22467 0 183425 0 0 0 Martin Kenneth 175000 0 0 0 818 0 17500 0 6600 0 199918 0 0 0 Helwig Daniel 161000 0 0 0 2861 0 16100 0 18181 0 198142 0 0 0 Glandon Brian 163882 0 0 0 640 0 10904 0 18688 0 194114 0 0 Khanna Sardari 155620 0 0 0 547 0 12543 0 20388 0 189098 0 0 0 Dammann Stacey 172880 0 0 0 502 0 8167 0 3051 0 184600 0 0 0 Mussano Frank 134500 0 0 0 781 0 38750 0 3128 0 177159 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President of the College, Dr George Waldner, and the Headmaster of York Country Day School, Nat Coffman, are required by employment agreement to live on campus in homes provided by the College. Country Club dues are in some part reimbursed for the President, Dean of Advancement (Dan Helwig) and the Headmaster to facilitate the operations of the College and Day School. Dues reimbursed to the Dean of Advancement and Headmaster are reported as earnings on their respective W-2's. The President has use of a College owned car. The College includes the fair value for the President's use of the car and related tax reimbursement in the President's Form W-2. SchJ_P01_S00_L01b Schedule J, Part I, Line 1b Payment or compensation provided (as checked) under Schedule J, Part I, Line 1a for the President, was disclosed in documents approved in advance by the Board of Trustees. All other such compensation provided to other employees listed on Schedule J, Part I, Line 1a were approved in advance by the President. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The President of the College, Dr George Waldner, participates in a supplemental nonqualified 457(f) retirement plan. During 2011 $96,750 of the President's compensation was deferred into the 457(f) plan. An additional $22,000 was deferred into a 457(b) plan resulting in a total deferral for the year of $118,750. Pennsylvania Higher Educational Facilities Authority 232243852 70917NC28 2004-02-12 10721841 New health and fitness center 0 0 0 Pennsylvania Higher Educational Facilities Authority 232243852 70917NC51 2004-03-01 9200000 New health and fitness center 0 0 0 Pennsylvania Higher Educational Facilities Authority 232243852 70917N8U1 2005-11-22 32689842 New dormitories, new health and fitness center 0 0 0 General Authority of Southcentral Pennsylvania 232982233 84129NFD6 2007-06-05 17061253 Humanities/Theatre project/Little Run Lodge dormitory 0 0 0 1210000 0 10916771 822140 32334 0 153193 221471 0 9687773 0 0 2004 0 0 1 1 500000 0 9421100 0 0 0 133226 39721 0 9248153 0 0 2005 0 0 1 1 2065000 0 34614128 2243974 89021 0 354892 451505 0 31530335 0 0 2007 0 0 1 1 190000 0 17647556 1608424 0 0 221357 227003 0 15591004 0 0 2008 0 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 0 0 1 0 0 0 1 0 0 0 1 AIG Redeemed in 2008 due to downgrade 25.7 1 0 1 0 1 0 0 0 1 1 0 0 1 Trinity Plus Funding 11 30 05-11 01 33 27.9 1 0 0 0 0 0 1 Citigroup Redeemed in 2008 due to downgrade 06 21 07-05 31 37 29.9 1 0 1 SchK_P02_S00_L03 Schedule K, Part II, Line 3 All columns include issue price plus investment earnings. Columns A & C - Preissuance accrual interest also included and shown as an expenditure on line 5. SchK_P02_S00_L12 Schedule K, Part II, Line 12 also lines 13 & 16 - CUSIP# 369013AM9 - Project was in process as of June 30, 2011 and was substantially completed subsequent to June 30, 2011. SchK_P04_S00_L04c Schedule K, Part IV, Line 4c Columns A & D - this was the original maturity for debt service reserve GICS; these were terminated in 2008. SchK_P04_S00_L06 Schedule K, Part IV, Line 6 CUSIP 369013AM9 - Six month benchmark was met subsequent to June 30, 2011. Project was completed subsequent to June 30, 2011. General Authority of Southcentral Pennsylvania 232982233 369013AM9 2011-03-10 19652078 Life Science renovation and new dormitory 0 0 0 0 0 19665150 0 0 0 211287 0 0 15251563 0 4202300 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 Robert A Kinsley Chairman of Kinsley Construction and member, Board of Trustees-York College of Pennsylvania 23358955 Kinsley Construction is an independent building contractor which served as the general contractor for several projects including the renovation of the Life Sciences building and Northside Commons dormitory. 0 Laura T Wand VP Product Mgmt, Johnson Controls, Inc and member-Board of Trustees-York College of Pennsylvania 2009146 Johnson Controls, Inc provided HVAC equipment and service on several academic and residential buildings. 0 Patti Stirk President, Star Systems Engineering, Inc and spouse of Board of trustees member, Jeffrey Hines 277068 Provider of information technology equipment. 0 John D Brown CEO of Blockhouse Company, Inc and member Board of Trustees-York College of Pennsylvania 223023 Blockhouse is an independent contractor that supplied dorm related furniture. 0 Jeffrey Hines President of York Water Company and member Board of Trustees-York College of Pennsylvania 151818 York Water Company provided water utlility to the College. 0 X 11 615599 FMV X Donated HVAC equipment 1 50000 FMV X Mechanical Engineering equipment 1 19800 FMV X Donated furnishings 1 24534 FMV X Donated goods 23 4232 FMV 0 1 0 F990_P03_S00_L00 Form 990, Part III Parts of Form 990 part III are continued on schedule O F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The IRS form 990 is prepared internally and reviewed by the Chief Financial Officer (CFO). The CFO then forwards the form 990 to the independent audit firm of ParenteBeard for review. The form 990 is distributed to members of the Finance & Audit Committee for review and is discussed and approved for filing. The completed form 990 is made available to the entire Board of Trustees for a one-week comment period prior to filing. Significant changes made as a result of the review of the Board of Trustees is approved by the Finance & Audit Committee. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The College's conflict of interest policy includes a requirement that no trustee, officer, or key employee shall become involved directly or indirectly in any business relationship or transaction with the College or receive a substantial benefit (5% or more ownership in an organization that receives $10,000 or more annually) from the College, without disclosing the interest in such relationship. Each trustee, officer, or key employee shall have the obligation to disclose any actual or potential conflict of interest that such individual may have during his or her tenure in office. This obligation includes relationships maintained by members of the individuals' families. The College requires each trustee, officer, or key employee complete an annual conflict of interest statement. These statements are reviewed to identify potential conflicts. The backgrounds and organizational affiliations of each individual are well known and understood by individuals responsible for procurement and reporting. Trustees and officers are not allowed to vote on the approval of contracts with organizations to which they are affiliated. The College-Wide Conflict of Interest Policy covers all faculty, administration and staff. This policy emphasizes amongst other requirements, "the fundamental obligation of disclosing in writing (to his/her supervisor or department chairperson) any relationship which may be or appear to be a conflict of interest". Each employee is required to periodocally acknowledge, understand, accept and agree to comply with the information contained in the conflict of interest policy. Failure to comply with the College's policy constitutes grounds for disciplinary action, up to and including discharge of employment. The College periodically reviews vendor purchasing data to properly accumulate and report transactions that occur with related parties. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the President of the College is determined by the Governance Committee of the Board of Trustees. The Governance Committee is responsible for, among other things, "an annual evaluation of the President, reporting the conclusions of that evaluation to the Board of Trustees, along with its recommendation regarding reappointment and compensation." The Governance Committee evaluates the performance of the President by reviewing success in achieving annual goals set at the beginning of each fiscal year. The Committee consults comparability data of the compensation components and ranges of other College Presidents in similar sized colleges and universities in similar geographic areas. The results of this review are documented in Committee minutes and the resulting recommendation is approved by the entire Board of Trustees. The President evaluates the performance of other key employees of the College. The President evaluates the performance of each key employee by reviewing success in achieving annual goals set at the beginning of each fiscal year. The President consults comparability data of the compensation components and ranges of other individuals with similar responsibilities in similar sized colleges and universities in similar geographic areas. Compensation of key employees is effectively approved by the Board of Trustees as part of the annual budgeting process, F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College will make the governing document, conflict of interest policy, and financial statements available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net unrealized gains on investments of 21,246,656 The Huber Foundation c/o York College of Pennsylvania 441 Country Club Road York PA 17403 367514239 To benefit the activities of York College of Pennsylvania PA 501(c)(3) 11 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 The Huber Foundation c 100000 FMV