2011-05-12T11:42:57-05:00 2010-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2009-07-01 350868073 Earlham College EARL 7659831772 801 National Road West Richmond IN 47374 CATHERINE A HABSCHMIDT 2011-02-15 true Joyce Dulworth 3173834000 2009 2016-02-24 21:20:13Z Douglas C Bennett President 801 National Road West Richmond IN 47374 180223731 false X WWW.EARLHAM.EDU X 1881 IN TO PROVIDE THE HIGHEST QUALITY UNDERGRADUATE EDUCATION IN THE LIBERAL ARTS, INCLUDING THE SCIENCES, SHAPED BY THE DISTINCTIVE PERSPECTIVES OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS). 24 23 1541 500 -727426 -727426 20584073 24306569 49268667 49504730 -1236407 1206381 1152546 1356914 69768879 76374594 18985988 20792273 0 0 25153179 25783092 56456 32808 1973235 22868547 23206057 67064170 69814230 2704709 6560364 202242070 215053126 47017997 41431914 155224073 173621212 THE MISSION OF EARLHAM COLLEGE, AN INDEPENDENT, RESIDENTIAL COLLEGE, IS TO PROVIDE THE HIGHEST QUALITY UNDERGRADUATE EDUCATION IN THE LIBERAL ARTS, INCLUDING THE SCIENCES, SHAPED BY THE DISTINCTIVE PERSPECTIVES OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS). THE COLLEGE PROVIDES EXTENSIVE OPPORTUNITIES FOR STUDENTS AND FACULTY TO LEARN FROM EACH OTHER IN A COOPERATIVE COMMUNITY, AN IMPORTANT ASPECT OF WHICH IS COLLABORATIVE STUDENT/FACULTY RESEARCH. AT EARLHAM COLLEGE EDUCATION IS CARRIED ON WITH A CONCERN FOR THE WORLD IN WHICH WE LIVE AND FOR IMPROVING HUMAN SOCIETY. THEREFORE EARLHAM STRESSES GLOBAL EDUCATION, PEACEFUL RESOLUTION OF CONFLICT, EQUALITY OF PERSONS, AND HIGH MORAL STANDARDS OF PERSONAL CONDUCT. false false 57246305 20438777 50263198 EARLHAM COLLEGE - PROVIDING HIGH QUALITY LIBERAL ARTS EDUCATION FOR APPROXIMATELY 1,200 UNDERGRADUATES AND 50 GRADUATE STUDENTS. SERVING THE LOCAL COMMUNITY THROUGH ARTS, MUSIC, AND CULTURAL EVENTS OPEN TO THE PUBLIC. STUDENTS VOLUNTEER WITH MANY COMMUNITY SERVICE ORGANIZATIONS. APPROXIMATELY 2,500 PEOPLE IN THE LOCAL COMMUNITY ARE SERVED IN THIS WAY. 1334970 353496 598446 EARLHAM SCHOOL OF RELIGION - PROVIDING SEMINARY TRAINING FOR APPROXIMATELY 100 STUDENTS. 58581275 true true false false false false false false true true false true true true true false false true false false false false true true true false false false false false false false false false false true false false false false true false false true true 1556 0 true 1541 true true true true FR UK GM AU MX JA SP JO IN false false false false false false false 24 23 false false false false false true false true true false false true true true true true true true true false IN X CATHERINE A HABSCHMIDT 7659831772 801 NATIONAL ROAD WEST RICHMOND IN 47374 DEBORAH HULL 4.0 X 0 0 0 JOHN YOUNG 2.0 X 0 0 0 RAYMOND ONTKO 2.0 X X 0 0 0 DOUGLAS C BENNETT 50.0 X X 257644 0 106822 LOUISE BEEDE 2.0 X 0 0 0 ROB BRESLER 2.0 X 0 0 0 DIANA HADLEY 2.0 X 0 0 0 BARBARA GOTTSCHALK 2.0 X 0 0 0 DANIEL CARTER 2.0 X 0 0 0 LAVONA BANE 2.0 X 0 0 0 PEGGY HOLLINGSWORTH 2.0 X 0 0 0 JOHN LOOSE 2.0 X 0 0 0 FRED MCCLURE 2.0 X 0 0 0 DAVID MATTHEWS 2.0 X 0 0 0 MORRIS MILLS 2.0 X 0 0 0 VAUGHN PEEBLES 2.0 X 0 0 0 KAREN REED 2.0 X 0 0 0 SARA JANE RYAN 2.0 X 0 0 0 JOHN SCARLETT 2.0 X 0 0 0 MARION SHORE 2.0 X 0 0 0 DAVID STUMP 2.0 X 0 0 0 BRENT TAYLOR 2.0 X 0 0 0 CATHERINE TINSLEY 2.0 X 0 0 0 PENNY SITLER 2.0 X 0 0 0 GREGORY MAHLER 50.0 X 163198 0 33078 RICHARD SMITH 50.0 X 154305 0 39595 JAMES MCKEY 50.0 X 162390 0 26814 NELSON BINGHAM 50.0 X 121224 0 24070 AVIS STEWART 50.0 X 111858 0 19927 JAY MARSHALL 50.0 X 132235 0 23539 JEFFREY RICKEY 50.0 X 124987 0 40317 CHERYL PRESLEY 50.0 X 66040 0 2650 1293881 0 316812 8 false true false BKD LLP 201 N Illinois St INDIANAPOLIS IN 46204 Audit/Accounting 165770 Moore Engineers PC PO Box 40439 INDIANAPOLIS IN 40439 Architect 205459 ART SCIENCE GROUP 6115 FALLS ROAD SUITE 101 BALTIMORE MD 21209 CONSULTING 223393 3 1510713 22795856 866053 24306569 TUITION AND FEES 900099 40813514 40813514 AUXILIARY INCOME 611710 8691216 8691216 49504730 1271113 -727426 1998539 0 0 103784405 103849137 -64732 -64732 -64732 0 0 0 OTHER INCOME 900003 1356914 1356914 1356914 76374594 50861644 -727426 1933807 0 20792273 20792273 0 0 1408159 543259 701900 163000 0 17711016 13346136 3405483 959397 786961 369385 313321 104255 4583409 3391437 986071 205901 1293547 948387 270060 75100 0 83052 11672 71170 210 165770 165770 0 32808 32808 249153 249153 2684098 2151974 433714 98410 93269 51950 41319 2738886 2122197 470655 146034 402076 286002 104259 11815 0 3166643 3123567 39871 3205 1138880 890805 167638 80437 0 152284 132276 17029 2979 1331279 1275479 55800 0 2715734 1685330 999015 31389 414242 155527 258715 MEALS 2935110 2713966 201482 19662 FOREIGN STUDY 2664401 2660850 3551 LIBRARY PURCHASES 499731 499731 COST OF GOODS SOLD 429080 429045 35 MEMBERSHIP EXPENSES 343501 159417 174359 9725 998868 840610 129350 28908 69814230 58581275 9259720 1973235 26142 28060 7642702 7358107 2435650 7976430 5628028 5550815 125615 121945 359480 262386 126866630 44769068 82576384 82097562 47582045 51263961 54965466 59218714 900558 1175146 202242070 215053126 3156626 1928841 33147406 31507220 2500000 0 8213965 7995853 47017997 41431914 X 41742484 45073177 94839571 103986523 18642018 24561512 155224073 173621212 202242070 215053126 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90271905 12202423 1806599 100667729 123449694 -31411379 1766410 90271905 0.17840 0.82160 false true true 2496355 2496355 107852628 31722809 76129819 14700342 13046259 1654083 1817305 1817305 82097562 ALTERNATIVE INVESTMENTS 59218714 F 59218714 0 DEPOSITS 611911 AMOUNTS HELD FOR OTHERS 463639 INSURANCE RESERVE 530000 ANNUITIES PAYABLE 2245548 ADVANCES FOR STUDENT LOANS 4144755 7995853 76374594 69814230 6560364 12106278 -269502 11836776 18397140 79756481 12106278 12180353 24286631 55469850 249153 20655591 20904744 76374594 49178988 269502 269502 48909486 249153 20655591 20904744 69814230 INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 EARLHAM'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE COLLEGE. IN ADDITION TO THE $100,667,729 IN ENDOWED FUNDS REPORTED HERE, A RELATED PARTY, EARLHAM FOUNDATION, HOLDS $175,917,882 IN ENDOWED FUNDS FOR THE BENEFIT OF EARLHAM COLLEGE. THE CONSOLIDATED ENDOWMENT BALANCE IS $276,585,611. FIN 48 DISCLOSURE SCHEDULE D, PART X DURING 2010, EARLHAM ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO. 48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH WAS SUBSEQUENTLY INCORPORATED INTO THE FASB ACCOUNTING CODIFICATION (ASC) TOPIC 740. THE IMPLEMENTATION HAD NO SIGNIFICANT IMPACT ON EARLHAM'S FINANCIAL STATEMENTS. OTHER REVENUE & EXPENSES SCHEDULE D, PART XI, PART XII & PART XIII PART XI, LINE 8: BAD DEBTS BOOK TO TAX ADJUSTMENT $ (269,502) PART XII, LINE 2D: EARLHAM FOUNDATION INCOME & EXPENSES $12,180,353 PART XIII, LINE 2D: BAD DEBTS BOOK TO TAX ADJUSTMENT $269,502 PART XII & PART XIII, LINE 4B: SCHOLARSHIPS $20,622,591 true true true EARLHAM DOES NOT ACTIVELY SOLICIT STUDENTS VIA NEWSPAPER OR BROADCAST MEDIA. IN ITS CATALOG AND OTHER GENERAL WRITTEN COMMUNICATION AVAILABLE TO THE GENERAL PUBLIC, IT PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY. BEING A QUAKER INSTITUTION, EARLHAM COLLEGE HAS HAD A LONG HISTORY OF NONDISCRIMINATION. THIS FACT IS WELL KNOWN IN THE GENERAL COMMUNITY IT SERVES. true true true true false false false false false false false false true false EARLHAM PARTICIPATES IN THE FEDERAL TITLE IV FINANCIAL AID PROGRAM FOR ITS STUDENTS. true true East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAM 349815 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD PROGRAM 1114417 Middle East and North Africa 0 0 Program Services STUDY ABROAD PROGRAM 53444 North America 1 2 Program Services STUDY ABROAD PROGRAM 231347 South America 0 0 Program Services STUDY ABROAD PROGRAM 60405 South Asia 0 0 Program Services STUDY ABROAD PROGRAM 78513 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD PROGRAM 217570 1 2 2105511 PROCEDURES FOR MONITORING USE OF GRANT FUNDS OUTISDE THE UNITED STATES SCHEDULE F, LINE 2 EARLHAM LEADS MANY STUDY ABROAD PROGRAMS FOR ITS STUDENTS EACH YEAR. THESE PROGRAMS RANGE IN DURATION FROM 2 WEEKS TO 6 MONTHS LONG. WE TRACK ALL DIRECT EXPENSES FOR THESE PROGRAMS SEPARATELY. THE EXPENDITURES REFLECTED ON LINE 3 INCLUDE TRAVEL, MEALS, LODGING, CULTURAL EVENTS, AND SALARIES FOR FULL-TIME EARLHAM PROFESSORS WHO LEAD THE PROGRAMS. IN ADDITION, EARLHAM OWNS A HOUSE IN MEXICO TO LODGE OUR STUDENTS WHO ARE STUDYING THERE. THE EXPENDITURES FOR MAINTAINING THIS HOUSE WERE $19,911 FOR THE YEAR AND ARE INCLUDED ON LINE 3. X X X X X X true Grenzebach Glier Associate Campaign Consultants false 12678007 32808 12678007 12678007 32808 12678007 true SCHOLARSHIPS AND FINANCIAL AID AWARDS 849 20792273 Schedule I - Grants Paid Procedures for Monitoring Grants or Assistance THE ONLY GRANTS OR ASSISTANCE AWARDED ARE SCHOLARSHIPS AND FINANCIAL AID AWARDS. THESE FUNDS ARE DISBURSED BY THE COLLEGE'S FINANCIAL AID DEPARTMENT IN STRICT ADHERENCE TO ALL FEDERAL AND STATE REGULATIONS. X X true true X X X X false false false false false false false false false DOUGLAS C BENNETT 257208 0 0 0 436 0 65748 0 41074 0 364466 0 0 0 GREGORY MAHLER 163198 0 0 0 0 0 8730 0 24348 0 196276 0 0 0 RICHARD SMITH 154305 0 0 0 0 0 16790 0 22805 0 193900 0 0 0 JAMES MCKEY 159926 0 0 0 2464 0 16300 0 10514 0 189204 0 0 0 JAY MARSHALL 132235 0 0 0 0 0 13506 0 10033 0 155774 0 0 0 JEFFREY RICKEY 124987 0 0 0 0 0 13100 0 27217 0 165304 0 0 0 OTHER BENEFITS Schedule J, Part I, Line 1A EARLHAM COLLEGE PROVIDES A RESIDENCE WITH HOUSEKEEPING SERVICES FOR PERSONAL USE TO DOUGLAS C. BENNETT, THE COLLEGE'S PRESIDENT. THE RESIDENCE IS NOT INCLUDED IN TAXABLE COMPENSATION. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF EARLHAM COLLEGE, THE PRESIDENT WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF HIS EMPLOYMENT, AND HIS RESIDENCE IS CONTIGUOUS TO EARLHAM'S CAMPUS. INDIANA EDUCATIONAL FACILITIES AUTHORITY 521698917 455048Y77 2004-08-06 9036370 FINANCE REFUNDING OF BONDS false false INDIANA EDUCATIONAL FACILITIES AUTHORITY 521698917 4550482A5 2004-08-06 8025000 CONSTRUCTION/RENOVATION/EXPANS false false INDIANA HEALTH & EDUCATIONAL FACILITIES AUTHORITY 351611409 454795CTO 2007-06-28 15661682 CONSTRUCTION/RENOVATION/EXPANS false false 9313226 3840596 127596 80150 17736 5247148 2007 true false true true 8115043 71 64044 3606 8047322 2006 false false true true 16137706 2448000 247578 148607 13293521 2010 false true false true false false false false false 0.02960 0.02960 true false false false false false 0.02960 0.02960 true false false false false false 0.02540 0.02540 true false false false false false false false true false false false false false false false false false false X 21 866053 STOCK QUOTE X 1 85000 APPRAISAL 1 false true true THIRD PARTY WHO SELLS NONCASH CONTRIBUTIONS SCHEDULE M, LINE 32A EARLHAM COLLEGE USES MERRILL LYNCH AS ITS STOCK BROKER TO SELL PUBLICLY TRADED SECURITIES RECEIVED AS NONCASH CONTRIBUTIONS. Members/stockholders Form 990, Part VI, Line 7a INDIANA YEARLY MEETING OF FRIENDS AND WESTERN YEARLY MEETING OF FRIENDS EACH APPOINT SIX TRUSTEES TO THE EARLHAM BOARD. THE EARLHAM ALUMNI ASSOCIATION ELECTS FOUR TRUSTEES. SEVEN TRUSTEES ARE NOMINATED BY THE EARLHAM BOARD OF TRUSTEES AND APPROVED BY INDIANA AND WESTERN YEARLY MEETINGS. THE PRESIDENT SERVES EX OFFICIO. Process to review Form 990 Form 990, Part VI, Line 11A A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE FULL GOVERNING BODY PRIOR TO ITS FILING. IN ADDITION, MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD REVIEWED THE DRAFT FORM 990 IN DETAIL WITH A PARTNER OF OUR CPA FIRM PRIOR TO ITS FILING. Monitoring & enforcement of compliance with conflict of interest policy Form 990, Part VI, Line 12c EARLHAM'S CONFLICT OF INTEREST POLICY REQUIRES THAT OFFICERS, TRUSTEES, AND KEY EMPLOYEES DISCLOSE ANY SITUATIONS THAT MAY RESULT IN A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. QUESTIONNAIRES MUST BE COMPLETED ANNUALLY BUT UPDATED SOONER IF A PERSON'S SITUATION CHANGES. DISCLOSURES ARE SUMMARIZED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD. IF A TRUSTEE HAS A CONFLICT, THEY WILL NOT PARTICIPATE IN THE DECISION-MAKING PROCESS. Process to determine CEO, officer, & key employee compensation Form 990, Part VI, Lines 15a & 15b THE PRESIDENT'S COMPENSATION IS REVIEWED AND DETERMINED ANNUALLY BY A COMMITTEE CONSISTING OF THE CURRENT AND IMMEDIATE PAST CHAIR OF THE BOARD OF TRUSTEES. THE COMMITTEE CONSIDERS COMPENSATION DATA FROM OTHER SCHOOLS WHILE UNDERTAKING THEIR REVIEW. THE PRESIDENT REVIEWS AND DETERMINES ANNUALLY THE COMPENSATION OF VICE PRESIDENTS AND DEANS, TAKING INTO CONSIDERATION THE APPROVED BUDGET FOR COMPENSATION INCREASES, IF ANY. Availability of organization's governing docs, COI, & financial statements Form 990, Part VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PROCEEDS IN REFUNDING OR DEFEASANCE ESCROWS SCHEDULE K, PART II, LINE 3 THE AMOUNT REPORTED ON PART II, LINE 3 IS THE AMOUNT DEPOSITED IN THE ESCROW FUND PLUS THE EARNINGS THROUGH THE REFUNDING DATE. THE BALANCE AT THE END OF THE 12 MONTH REPORTING PERIOD IS ZERO. EARLHAM FOUNDATION 801 NATIONAL ROAD WEST RICHMOND IN 47374 356014491 SUPPORT IN 501(C)(2) false false true false false false false false false false false false false true false false true false EARLHAM FOUNDATION C 13413914 EARLHAM FOUNDATION N 63375 EARLHAM FOUNDATION Q 3296065 ADAGE CAPITAL PARTNERS LP 200 CLARENDON STREET BOSTON MA 02116 043574590 INVESTMENTS DE 27726361 false 0 false ACADIAN INTERNATIONAL ALL-CAP FUND 200 CLARENDON STREET BOSTON MA 02116 201672312 INVESTMENTS MD 16874934 false 0 false COMMONFUND CAP PRIVATE EQUITY PARTERS VI 15 OLD DANBURY ROAD WILTON CT 06897 161720029 INVESTMENTS DE 11715274 false -27056 false