2012-05-08T16:21:54-07:00 2011-06-30 990 2010-07-01 046130872 HAMPSHIRE COLLEGE TRUSTEES HAMP 4135595450 893 West St Amherst MA 01002 Mark K Spiro 4135595489 2012-05-08 2010 2016-02-24 21:20:13Z Mark Spiro 893 West Street Amherst MA 01002 80138630 0 X hampshire.edu X 1965 MA The mission of Hampshire College is to educate and prepare students to understand and participate responsibly in a complex world. As a liberal arts college, Hampshire helps students develop confidence in their intellect, creativity, and values. 22 19 1586 598 1177037 -97238 5768622 4774988 65609578 70706399 -831415 932157 1983263 1660926 72530048 78074470 25063523 27673803 0 0 28990564 30664671 0 0 2053097 21051797 19898586 75105884 78237060 -2575836 -162590 83008741 85260772 35046928 32710598 47961813 52550174 Education at Hampshire College prepares students to understand and participate responsibly in a complex world. Through its actions and policies, the college sets an example of the responsible and creative behavior it expects of its students. As a liberal arts college, Hampshire helps students develop confidence in their intellect, creativity, and values. It encourages their desire to be lifelong learners and their capacity to advance the cause of social justice and the well-being of others. The college fosters these attitudes through a multidisciplinary, multicultural curriculum; self-initiated, individual programs of study negotiated with faculty mentors; students' active participation in original research; and the diverse communities, on campus and off, in which learning takes place. Within the college's residential community, students encounter and learn to respect difference and appreciate diversity, thereby enhancing their capacity to live together well. 0 0 50608605 27673803 59445708 Educational Delivery: Includes Instructional and other educational activities. Hampshire College provides instruction for 1,457 FTE undergraduate students and employing 115 FTE faculty. Educational delivery also includes student financial aid programs. Financial aid includes grants, scholarships, and government aid awards to assist students in the financial cost of attending Hampshire College (1,457 students). 82% of our faculty have PhD or Other Terminal Degrees in their fields. Accreditation- Hampshire College is fully accredited by the New England Association of Schools and Colleges. Membership in the association indicates that the institution has been carefully evaluated and found to meet standards agreed upon by qualified evaluators. 7825094 0 10472039 Student Services Programs: Includes cost of Health Services, Recreational Athletics, Dean of Students Office expenses and other support services (1,457 students). Hampshire is one of the 40 colleges profiled in Colleges That Change Lives for "developing potential, values, initiative, and risk-taking" in students. CTCL says of Hampshire, "no college has students whose intellectual thyroids are more active or whose minds are more passionately engaged." On any given day, a Hampshire student can enjoy: 200+ student activities, 100+student groups, 63 bookstores, 30 museums, 19 art galleries, 21 theater stages, 35 concert venues, 12 dance clubs, 220 bike trails, 69 pizza places, 19 coffee houses, 18 bakeries, 18 delis, 14 health food stores and 68 restaurants that deliver. 3678338 0 1028338 Sponsored Research and Restricted Expenditures: Includes all private and federal funds received for sponsored research and restricted activities. Grants from corporations, foundations, and government agencies support everything from building construction to program development to individual faculty research. Here are grants recently awarded to Hampshire. Institutional Grants -The College was awarded $534,000 from the Department of Energy for the renovation and revitalization of the Charles and Polly Longsworth Arts Village, including the installation of a solar canopy. The project will produce 47mwh of renewable power annually, and will also serve as a project site for students and faculty investigating the latest clean energy technologies and the real-time decrease in the campus's carbon footprint. -The National Science Foundation awarded Hampshire College an S-STEM grant for $450,000 to support women and minority transfer students from community colleges into science, technology, engineering, and mathematics fields at Hampshire. The grant will run for five years, providing financial assistance to as many as 20 STEM transfer students each year. -The David and Lucile Packard Foundation awarded Hampshire College $250,000 to the Civil Liberties and Public Policy Program (CLPP) to develop young leaders for the reproductive rights movement. Faculty Grants -Professor Dulasiri Amarasiriwardena and Dean of Faculty Alan Goodman were awarded $120,000 from the National Science Foundation to support the purchase of a new laser ablation system with applications for their ongoing work in the New York African Burial Ground project, the Andean Mummy project, and the identification and characterization of soil contaminants in the Pioneer Valley. -Professor Salman Hameed was awarded $381,500 from the National Science Foundation for his research on acceptance of biological evolution and perspectives on science and religion among Muslim physicians and medical students. -Professor Charlene D'Avanzo was awarded $165,000 from the National Science Foundation for her research on difficulties with principles reasoning about biological processes. It builds upon a Phase 1 project that assessed student understanding of specific topics in biology and used active learning strategies in those areas. -Professor Sarah Partan was awarded a Whiting Foundation Fellowship of $5,121 to continue her groundbreaking research in biorobotics while on sabbatical in Spain. In the relatively new field of ethorobotics, Professor Partan studies animal behavior using "biological life forms to inspire robot design." 0 0 0 62112037 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 239 0 1 1586 1 1 1 0 0 0 0 0 0 0 0 0 X 22 19 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR AZ CO DC KY MA MD ME MI NH NJ NY OH OK OR SC WA WI X X Hampshire College Business Office Mark K Spiro 4135494600 893 West St Amherst MA 01002 Shelley J Carey 5.5 X 0 0 0 Helen S Cohen 18 X 0 0 0 F Bennett Cushman II 5.5 X 0 0 0 David Dinerman 5.5 X 0 0 0 Yaniris Fernandez 35 X 68758 0 31972 Marlene Gerber Fried 35 X X 152568 0 13772 Joseph Hanson 2.5 X 0 0 0 Gaye Hill 5.5 X 0 0 0 Rebecca Holland 5.5 X 0 0 0 Stephan Jost 5.5 X 0 0 0 Petros Kokkalis 1 X 0 0 0 Sura Levine 35 X 67451 0 12655 Robert McCarthy Jr 5.5 X 0 0 0 Paul Model 5.5 X 0 0 0 Laura Calamos Nasir 5.5 X 0 0 0 Marci Riseman 1 X 0 0 0 Sigmund Roos 15 X 0 0 0 Kenneth Rosenthal 15 X 0 0 0 Jonathan Scott 5.5 X 0 0 0 Joan Shulman 5.5 X 0 0 0 Ananda Valenzuela 5.5 X 0 0 0 Walter White 5.5 X 0 0 0 Mark K Spiro 35 X 211894 0 28771 Alan Goodman 35 X 177653 0 41633 Beth Ward 35 X 115699 0 29345 D Clay Ballantine 35 X 136140 0 23440 Ann Michelle Ruocco 35 X 136561 0 25295 Steven Weisler 35 X 139336 0 19134 Lee Spector 35 X 138262 0 32513 Charlene D'Avanzo 35 X 129896 0 17606 Aaron Berman 35 X 164869 0 55163 Ralph Hexter 35 X 455039 0 106404 2094126 0 437703 40 1 1 0 Mount Holyoke College 50 College St So Hadley MA 01075 Public Safety Services 1092478 University Health Services University of Massachusetts Amherst MA 01003 Health Services 826385 George Dehne Associates 3331 Cottonfield Drive Mount Pleasant SC 29466 Admissions Consultant 263913 KPMG LLP Dept 0579 Dallas TX 75312 Accounting 121500 Kuhn Riddle Architects 28 Amity Street Suite 28 Amherst MA 01002 Architecture 104033 0 0 0 0 0 597117 4177871 1002490 4774988 Tuition 611710 59445708 59445708 0 0 Room 721000 8049447 8049447 0 0 Board 722320 2182906 2182906 0 0 Sponsored Research 611310 1028338 1028338 0 0 0 0 0 0 70706399 545134 0 0 545134 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2451183 0 2064160 0 387023 0 387023 0 0 387023 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Auxiliary Enterprises 721000 999611 0 999611 0 Hampshire College Child Care Center 624110 417112 239686 177426 0 Other Income 900099 244203 0 0 244203 0 0 0 0 1660926 78074470 70946085 1177037 1176360 0 0 27012380 27012380 661423 661423 0 0 590606 35932 415343 139331 0 0 0 0 24442854 18958582 4133417 1350855 1718364 1408207 224632 85525 2364839 1972064 292151 100624 1548008 1244021 221951 82036 0 0 0 0 74518 0 74518 0 158225 0 158225 0 0 0 0 0 0 0 123416 0 123416 0 2345004 0 2345004 0 69083 0 69083 0 1302252 632076 529126 141050 428563 5690 422873 0 0 0 0 0 1870140 1608320 261820 0 984716 676272 206197 102247 0 0 0 0 74334 62955 2243 9136 1006928 140970 865958 0 0 0 0 0 2630728 2255739 348759 26230 450483 0 450483 0 Research & Sponsored Programs 3678338 3678338 0 0 Sodexho Contract 1441386 720693 720693 0 2004 Series Bond 1167659 0 1167659 0 Construction Costs 1932182 966091 966091 0 Miscellaneous 160631 72284 72284 16063 78237060 62112037 14071926 2053097 1025612 846488 2331919 1735523 2972230 2560346 193119 144250 1411 516 0 0 754200 427855 0 0 261905 211371 101249301 59176663 43222289 42072638 11730965 10566817 17981924 24051369 0 0 0 0 2533167 2643599 83008741 85260772 1783752 2982274 0 0 1614761 1694652 25672571 25010486 0 0 0 0 0 0 2500000 0 3475844 3023186 35046928 32710598 X 21266277 24814195 5328920 5617084 21366616 22118895 47961813 52550174 83008741 85260772 X -162590 4750951 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 360 0 0 0 360 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 f-The College has paid membership dues to certain organization and a portion of the membership fee has been allocated to lobbying expenses by the membership organization. 0 457721 0 0 X X X 0 25044173 559285 5799597 442869 1926701 116416 28917069 23486335 553962 3584503 332677 2026665 221285 25044173 34635183 615411 -8955562 348696 2342845 117156 23486335 0.37 0.63 0 1 0 0 3877606 3877606 0 65720458 31952403 33768055 0 0 0 0 0 20364736 19140974 1223762 0 11286501 8083286 3203215 42072638 10730024 F 5794200 F Non-US Equity 7527145 F 24051369 0 Contingent Asset Retirement Obligation 3023186 3023186 78074470 78237060 -162590 4750951 0 0 0 0 4750951 4588361 55172525 4750951 20907 0 -27673803 -22901945 78074470 0 0 0 78074470 50584164 20907 0 0 0 20907 50563257 0 27673803 27673803 78237060 SchD_P03_S00_L04 Schedule D, Part III, Line 4 ART COLLECTION-The College's art collection consists primarily of paintings, photographs, prints and sculptures that are periodically displayed in our Library Gallery with no cost for admission. The works can also be used as educational materials for our students working on various Division projects. LIBRARY COLLECTION- The Harold F. Johnson Library promotes the academic goals of the College; teaching, research and learning. Our collections reflect the intellectual interests and concerns of our students and faculty, with particular focus on the curriculum of the five schools of Natural Science, Social Science, Humanities, Arts, and Cultural Studies; Interdisciplinary Arts; and Cognitive Science. Librarians provide instruction and support in locating and critically evaluating information in any form and help provide access to resources, online and in print. Students and faculty using the Hampshire College library also have access to all the library resources of our consortial neighbors: Amherst College, Mount Holyoke College, Smith College, and the University of Massachusetts Amherst. In addition, through full-text databases and inter-library loan, students and faculty have access to a wider world of information resources. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are designated for the following purpose: unrestricted operations, academic divisions, compensation, research, public service and extension, library operations, maintenance of plant, student aid and other purposes. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The College does not have a liability for uncertain tax positions under FIN 48. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Financial aid expense SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid expense 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 Hampshire College's nondiscrimination policy can be found on our website: http://www.hampshire.edu/discover/11542.htm SchE_P01_S00_L06 Schedule E, Part I, Line 6 Hampshire College receives financial aid from the Department of Education in the form of Pell grants, SEOG grants, Federal Work Study funds and ACG funds. 1 Central America and the Caribbean 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses, Short Term Study Tuition & Living Expenses and Short Term Outdoor Program Tuition & Living Expenses 449568 East Asia and the Pacific 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses, Short Term Study Tuition & Living Expenses and Sponsored Research 153521 East Asia and the Pacific 0 0 Fundraising Travel Expenses 733 Europe (including Iceland and Greenland) 0 0 Program Services Foreign Study Exchange Tuition & Living Expenses, Short Term Study Tuition & Living Expenses and Sponsored Research 623068 Europe (including Iceland and Greenland) 0 0 Fundraising Travel Expenses 2188 Middle East and North Africa 0 0 Program Services Sponsored Research 17100 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Sponsored Research 7789 South Asia 0 0 Program Services Short Term Study Tuition & Living Expenses and Sponsored Research 2881 Russia and the newly independent States 0 0 Program Services Tuition & Living Expenses 24815 South America 0 0 Program Services Tuition & Living Expenses 17705 Sub-Saharan Africa 0 0 Program Services Tuition & Living Expenses 25557 0 0 1324925 Tuition & Living Expenses Central America and the Caribbean 20 215263 credit to student's account 0 FMV Tuition & Living Expenses East Asia and the Pacific 6 52549 credit to student's account 0 FMV Tuition & Living Expenses Europe (including Iceland and Greenland) 34 308645 credit to student's account 0 FMV Tuition & Living Expenses Middle East and North Africa 2 11509 credit to student's account 0 FMV Tuition & Living Expenses North America (including Canada and Mexico, but not the United States) 1 5380 credit to students account 0 FMV Tuition & Living Expenses Russia and the newly independent States 3 24815 credit to student's account 0 FMV Tuition & Living Expenses South America 3 17705 credit to students account 0 FMV Tuition & Living Expenses Sub-Saharan Africa 5 25557 credit to student's account 0 FMV 0 0 0 0 0 1 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The College maintains its grant funds in individual grant accounts and is required to be audited annually (A-133). In addition, grants made in foreign countries for the purpose of the College's study abroad program are entered into using a contractual agreement outlining the services to be delivered. This activity is monitored by the Global Education Office and the Business Office. The manner of cash disbursements to scholarship and financial aid recipients was a direct credit to each student's account. The manner of cash disbursements for all study abroad programs is wire transfer. 1 Hampshire College Grants 892 18329230 0 Cash Value Div III Grants 11 2750 0 Cash Value Yellow Ribbon Grant 3 30000 0 Cash Value Foreign Student Grant 52 1803041 0 Cash Value Citizens Scholarship Award 14 11600 0 Cash Value National Service Awards 9 28017 0 Cash Value Music Grants 1 625 0 Cash Value Uplan 5 529 0 Cash Value Hampshire Faculty Scholarships 375 1774500 0 Cash Value Johnson Scholarship 117 1246250 0 Cash Value Schomberg Scholarship 20 138750 0 Cash Value HC Merit Scholarship 15 16000 0 Cash Value Non Satis Scire 302 2586250 0 Cash Value HC Science Scholarship 25 120000 0 Cash Value Dean's Scholarship 18 51000 0 Cash Value SEOG 98 213733 0 Cash Value ACG Awards 47 34125 0 Cash Value Gilbert State Awards 58 139100 0 Cash Value College Work Study 155 195659 0 Cash Value Endowed Scholarships 19 291221 0 Cash Value SchI_P01_S00_L02 Schedule I, Part I, Line 2 The majority of grants given to students in the United States primarily consist of need based grants. Students must apply for these financial aid awards by completing two forms that establish eligibility for need based aid. These are standard forms used in higher education for this purpose. -College Scholarship Service Financial Aid Profile -Free Application for Federal Student Aid. Scholarships and similar awards given to students as financial aid are applied by the College directly to the student's account to ensure that the grants are used for their intended purpose. Hampshire College grant aid assistance is generally limited to the amount of tuition. The College also offers financial aid in the form of merit based scholarships. These are similarly applied by the College directly to the student's account to ensure that the grants are used for their intended purpose and do not exceed the amount of tuition. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Ralph Hexter 434261 0 0 0 20808 0 20223 0 86181 0 561473 0 0 0 Mark K Spiro 206802 0 0 0 5092 0 19707 0 9638 0 241239 0 0 0 Aaron Berman 162373 0 0 0 2496 0 12957 0 42682 0 220508 0 0 0 Alan Goodman 174797 0 0 0 2856 0 17465 0 24745 0 219863 0 0 0 Lee Spector 138082 0 0 0 180 0 10660 0 22243 0 171165 0 0 0 Marlene Gerber Fried 152004 0 0 0 564 0 13772 0 503 0 166843 0 0 0 Ann Michelle Ruocco 135136 0 0 0 1425 0 12964 0 12807 0 162332 0 0 0 D Clay Ballantine 135000 0 0 0 1140 0 13440 0 10493 0 160073 0 0 0 Steven Weisler 138096 0 0 0 1240 0 12849 0 6758 0 158943 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As a condition of his/her employment the President is provided with College housing. The College pays annual membership dues for the President. The College provides services for the residence. The custodial services are provided for the President's personal space in the residence as well as the space designated for College use in the residence. The College provides this personal service to the President at no additional cost and conducted out of the ordinary course of business. Massachusetts Development Finance Agency 043431814 57583F4VO 2004-06-17 16704208 Construction/renovation 0 0 0 0 0 16704208 495757 0 0 275935 0 0 15932516 0 0 2009 0 0 1 1 0 0 0 0 1 0 0.005 0.005 1 0 0 0 0 0 0 Aaron Berman Second mortgage X 10000 516 0 1 1 516 X 7 91500 FMV X 4388 FMV X 21725 903473 FMV X Equipment 2 3130 FMV 1 0 1 0 SchM_P01_S00_L00 Schedule M, Part I The College's gift acceptance policy is available from the Office of Institutional Advancement upon request. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The student body elects a student trustee and alternate; the faculty elects a faculty trustee; the staff elects a staff trustee. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b This explanation is the answer to Form 990, Part VI, Section B, Line 11a & b College management is responsible for drafting the Form 990. The completed draft Form 990 is submitted for review to the College's tax advisor, KPMG. KPMG recommends changes that are subsequently discussed and incorporated into the return. The draft Form 990 is then provided to the Audit Committee of the Board of Trustees in advance of the filling deadline to enable a review by all members of the Committee with senior management and the College's tax advisor. All questions and concerns of the Audit Committee members are addressed and incorporated into the Form 990 as appropriate. After the Audit Committee review, all members of the Board of Trustees are provided a copy the completed Form 990 in advance of the filing deadline via a dedicated website. After input from the Board of Trustees and the Audit Committee has been appropriately addressed, the Form 990 is filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The College annually requires disclosure of conflicts of interest through a conflict of interest form. The Trustees are emailed the conflict of interest forms from the Business Office via the College's secretary and the completed forms are returned to the Business Office. If a completed conflict of interest form discloses a conflict they are given to the Vice President for Finance and Administration. The VP for Finance and Administration will review the forms and then sends them along to the Risk & Audit Committee if the disclosure is something that they need to be aware of. The Trustees recuse themselves from voting on matters in which they have a conflict. The minutes of such meeting shall reflect that a disclosure was made and a Trustee who is uncertain whether a conflict of interest may exist in any matter may request the board or committee to resolve the question by majority vote. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees annually reviews the compensation of the President. The process includes reviewing comparable data to determine appropriate compensation levels. The documented process and decisions made are preserved in Human Resources. The Executive Committee is empowered to approve the annual compensation of the President and the Executive Committee, or a subset thereof meet with the President annually for a formal evaluation after receiving input form the full board. The other officers' compensation is reviewed by the President. Comparative salary data as well as proposed salaries are brought by the President to the Executive Committee for review. The President makes the final salary decision for all College officers. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College By-Laws, Code of Conduct, Conflict of Interest Policy, and Financial Statements are all available on our website: hampshire.edu. The Form 990 and Audited Financial Statements are available on the website of Massachusetts Attorney General. The Form 990 is also available at www.guidestar.org. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized Appreciation on Securities, $4,750,951 C&PL Unitrust 893 West Street Amherst MA 01002 766211756 Charitable Trust MA N/A T 0 69945 0.6726 CT Trust 893 West Street Amherst MA 01002 046643855 Charitable Trust MA N/A T 0 233220 0.7707 CM Trust 893 West Street Amherst MA 01002 716200263 Charitable Trust MA N/A T 0 85807 0.6399 L Trust 893 West Street Amherst MA 01002 046674958 Charitable Trust MA N/A T 0 116163 0.6399 K Trust 893 West Street Amherst MA 01002 066208790 Charitable Trust MA N/A T 0 36579 0.80 J Trust 893 West Street Amherst MA 01002 137102906 Charitable Trust MA N/A T 0 1849791 0.7426 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0