2011-05-13T09:02:14-05:00 2010-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2009-07-01 350868202 Wabash College WABA 7653616212 PO Box 352 Crawfordsville IN 47933 Larry Griffith 7653616419 2011-05-16 true 3173834000 2009 2016-02-24 21:20:13Z PATRICK E WHITE PRESIDENT PO BOX 352 CRAWFORDSVILLE IN 47933 435973257 false X WWW.WABASH.EDU X 1832 IN WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. 36 34 1122 1944 -201341 -201341 20746435 10530480 28704001 29994536 -50095639 27619822 1786012 273603 1140809 68418441 13642037 14750572 0 0 25052549 21038961 1144 0 1644283 28250462 26127735 66946192 61917268 -65805383 6501173 408972884 434726805 66941051 72361906 342031833 362364899 WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. false false 54970765 14750572 30304071 INSTRUCTION - INSTITUTION'S ACADEMIC INSTRUCTION PROGRAM. 890 STUDENTS SERVED. STUDENT SERVICES AND ATHLETICS - ACTIVITIES WHOSE PRIMARY GOAL IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AS WELL AS INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF CLASS. ACADEMIC SUPPORT AND LIBRARY - SUPPORT SERVICES FOR INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. INCLUDES LIBRARY AND COMPUTER SERVICES. 54970765 true true false false false false true false true true true false true false true true true false false false false true true true true false false false false false false false false false true true true false false false false false false false true 313 0 true 1122 true true true true UK false false false false false false false 36 34 true false false false true true false true true false false true true true true true true true true false IN X LARRY GRIFFITH 7653616212 301 WEST WABASH AVE CRAWFORDSVILLE IN 47933 PATRICK WHITE 50.0 X X 208382 0 30825 JAY R ALLEN 1.0 X 0 0 0 ALAN ANDERSON 1.0 X 0 0 0 JOSEPH D BARNETTE JR 1.0 X 0 0 0 ROGER BILLINGS 1.0 X 0 0 0 STEPHEN S BOWEN 1.0 X 0 0 0 DAVID A BROECKER 1.0 X 0 0 0 RICHARD A CALACCI 1.0 X 0 0 0 KEVIN G CLIFFORD 1.0 X 0 0 0 WILLYERD R COLLIER 1.0 X 0 0 0 JAMES R CUMMING 1.0 X 0 0 0 JAMES A DAVLIN 1.0 X 0 0 0 G MICHAEL DILL 1.0 X 0 0 0 JOHN N FOX JR 1.0 X 0 0 0 ROBERT GRAND 1.0 X 0 0 0 TED R GROSSNICKLE 1.0 X 0 0 0 THOMAS A HAYS 1.0 X 0 0 0 LARRY K HUTCHISON 1.0 X 0 0 0 DARYL E JOHNSON 1.0 X 0 0 0 PETER M KENNEDY 1.0 X 0 0 0 JAMES J KILBANE 1.0 X 0 0 0 RADE R KLJAJIC 1.0 X 0 0 0 HARRY F MCNAUGHT JR 1.0 X 0 0 0 DAVID PANCOST 1.0 X 0 0 0 GARY D REAMEY 1.0 X 0 0 0 FRED W RUEBECK 1.0 X 50000 0 0 JOHN C SCHROEDER 1.0 X 0 0 0 DAVID N SHANE 1.0 X 0 0 0 K DONALD SHELBOURNE 1.0 X 0 0 0 WALTER S SNODELL 1.0 X 0 0 0 JOSEPH E TURK 1.0 X 0 0 0 WILLIAM J WHEELER 1.0 X 0 0 0 FRED WILSON JR 1.0 X 0 0 0 PAUL WOOLLS 1.0 X 0 0 0 GARY PHILLIPS 50.0 X 163920 0 26213 LARRY GRIFFITH 50.0 X 150923 0 25846 STEVEN KLEIN 50.0 X 133177 0 47789 JOSEPH EMMICK 50.0 X 117545 0 23469 MICHAEL RATERS 50.0 X 96260 0 21142 JAMES AMIDON 50.0 X 94752 0 19039 JOHN CULLEY 50.0 X 74521 0 16894 THOMAS BAMBREY 55.0 X 125000 0 19217 CHARLES BLAICH 55.0 X 112242 0 38066 MELISSA BUTLER 55.0 X 120369 0 18839 WILLIAM DOEMEL 55.0 X 113228 0 18312 TOBEY HERZOG 55.0 X 110993 0 20743 1671312 0 326394 12 false true false SODEXO INC AFFILIATES 10 EARHARD DRIVE WILLIAMSVILLE NY 14221 MAINTENANCE SERVICES 3138092 BON APPETIT DINING SERVICES 100 HAMILTON AVE SUITE 300 PALO ALTO CA 94301 FOOD SERVICE 1464350 GEUPEL DEMARS HAGERMAN LLC 10315 ALLISONVILLE ROAD FISHERS IN 46038 BUILDING CONTRACTOR 599584 ACT INC 500 ACT DRIVE IOWA CITY IA 52243 CONTRACT RESEARCH 538363 AA HUBER SONS 500 NORTH JACKSON STREET GREENCASTLE IN 46135 PLUMBING & HEATING 217640 15 10530480 2302857 10530480 TUITION & FEES 611600 24776861 24776861 FRATERNITY LEASES 531110 876551 876551 STUDENT ROOM & BOARD 611710 2552431 2552431 ATHLETIC FACILITY REVENUE 713940 45500 45500 STUDY ABROAD PROGRAM 611600 873295 873295 869898 869898 29994536 7534018 -206669 7740687 0 0 387068458 85800 367023914 44540 20044544 41260 20085804 41260 20044544 0 0 759965 486362 273603 268275 5328 0 68418441 30304071 -201341 27785231 322851 322851 14396721 14396721 31000 31000 0 1250696 1057625 108436 84635 0 14530183 12287146 1259778 983259 1395289 1151256 111430 132603 2730073 1903604 680547 145922 1132720 962592 95076 75052 0 176824 174638 2186 135804 135804 0 0 922097 922097 3022735 2834729 171517 16489 0 2025463 1636719 330843 57901 62578 59850 1113 1615 0 7122992 6654949 423910 44133 1706426 1572887 98804 34735 0 213594 210492 1348 1754 2864669 2864669 0 4117556 3981355 135278 923 473266 151500 321766 BOOKS, PERIODICAL, MEDIA 592843 590067 1010 1766 OFF-CAMPUS FEES 149095 149095 STUDENT ROOM & BOARD 1452110 1436233 15432 445 ENTERTAINMENT 446385 289203 128816 28366 ASSOCIATION & MEMBERSHIP DUES 192115 137958 50052 4105 451183 288264 134525 28394 61917268 54970765 5302220 1644283 3460 4250 9862539 16149327 4515579 4807142 18518 87732 644120 1540038 334362 299612 156997770 45490775 114201360 111506995 196220480 180321630 61985358 96742481 21187108 23267598 408972884 434726805 2816702 2627614 46155000 46155000 17969349 23579292 66941051 72361906 X 186144615 193466587 65277867 72529378 90609351 96368934 342031833 362364899 408972884 434726805 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 256920735 5223943 42744515 2705690 13920484 879780 287383239 351025806 4013570 -76929235 3105066 17040461 1043879 256920735 0.49960 0.49860 0.00180 false false 4808597 4808597 137642305 35410738 102231567 13731845 10080037 3651808 815023 815023 111506995 ALTERNATIVE INVESTMENTS 96742481 F 96742481 CSV LIFE INSURANCE 1519953 INTEREST IN PERPETUAL TRUSTS 6841939 REC-CHARITABLE REMAINDER TRUST 14905706 23267598 0 PROVISION FOR EARLY RETIREMENT 3089476 POST-RETIREMENT BENEFIT OBLIG. 13791884 SWAP TERMINATION 2711814 ANNUITIES AND TRUSTS PAYABLE 3986118 23579292 68418441 61917268 6501173 16921369 -3089476 13831893 20333066 70929773 16921369 486362 17407731 53522042 922097 13974302 14896399 68418441 47544702 523833 523833 47020869 922097 13974302 14896399 61917268 FOOTNOTES TO FINANCIAL STATEMENTS SCHEDULE D, PART III, LINE 1A THE COLLEGE'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE'S COLLECTIONS CONSIST PRIMARILY OF BOOKS, ARTWORK, AND SCIENTIFIC ARTIFACTS. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE DISPOSITION OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. FURTHERANCE OF EXEMPT PURPOSE SCHEDULE D, PART III, LINE 4 WABASH COLLEGE USES THE ART COLLECTION IN TEACHING ART AND ART HISTORY COURSES. INTENDED USES OF ENDOWMENT FUNDS SCHEDULE PART V, LINE 4 ENDOWED FUNDS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SCHOLARSHIPS FOR STUDENTS, FUNDS FOR SPECIAL PROJECTS AND GENERAL OPERATING FUNDS FOR THE COLLEGE. FIN 48 DISCLOSURE SCHEDULE D, PART X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. OTHER ADJUSTMENTS SCHEDULE D, PARTS XI, LINE 8 PROVISION FOR EARLY RETIREMENT INCENTIVE = -3,089,476 OTHER ADJUSTMENTS SCHEDULE D, PARTS XII, LINE 2D COST OF GOODS SOLD = 486,362 OTHER ADJUSTMENTS SCHEDULE D, PART XIII, LINE 4B COST OF GOODS SOLD = 486,362 DEFINED-BENEFIT POSTRETIREMENT HEALTH PLAN = 37,471 -------- 523,833 OTHER ADJUSTMENTS SCHEDULE D, PARTS XII & XIII, LINE 4B GRANTS AND SCHOLARSHIPS = 13,974,302 true true true WABASH PUBLISHES THE NOTICE ANNUALLY IN THE LOCAL AND INDIANAPOLIS NEWSPAPERS. true true true true false false false false false false false false true false WABASH STUDENTS RECEIVE PELL GRANTS AND STAFFORD LOANS. THE COLLEGE HAS RECEIVED GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, USDA, AND NATIONAL INSTITUTES OF HEALTH. true true North America 0 0 Grantmaking 31000 Europe (Including Iceland and Greenland) 0 0 Program Services OFF-CAMPUS STUDY PRGRM 142312 0 0 173312 North America PGRM SUPPORT 20000 CHECK 1 0 FELLOWSHIPS North America 1 5000 CHECK PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE US SCHEDULE F, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. REPORTS ARE REVIEWED BY THE GRANT ADVISORY COMMITTEE AND SENIOR STAFF. true UNITED THEOLOGICAL SEMINARY 3000 5TH STREET NW ST PAUL MN 55112 310568239 501(C)(3) 19969 PROGRAM SUPPORT BOSTON UNIVERSITY SCHOOL OF THEOLOGY 745 COMMONWEALTH AVE BOSTON MA 02215 046061320 501(C)(3) 20000 PROGRAM SUPPORT PERKINS SCHOOL OF THEOLOGY SOUTHERN METHODIST UNIV PO BOX 750133 DALLAS TX 75275 750800689 501(C)(3) 20000 PROGRAM SUPPORT CANDLER SCHOOL OF THEOLOGY EMORY UNIVERSITY 500 KILGO CIRCLE NE ATLANTA GA 30322 580566256 501(C)(3) 19993 PROGRAM SUPPORT MENNONITE BRETHREN BIBLICAL SEMINARY 4824 E BUTLER AVE FRESNO CA 93727 946128992 501(C)(3) 22500 PROGRAM SUPPORT COLLEGE THEOLOGY SOCIETY ST VINCENT COLLEGE 300 FRAZER PURCHASE ROAD LATROBE PA 15650 226084244 501(C)(3) 14779 PROGRAM SUPPORT SEATTLE UNIVERSITY 901 12TH AVE SEATTLE WA 98122 910565006 501(C)(3) 19800 PROGRAM SUPPORT MISSOURI STATE UNIVERSITY 901 S NATIONAL AVE SPRINGFIELD MO 65897 431234200 501(C)(3) 18757 PROGRAM SUPPORT AUBURN THEOLOGICAL SEMINARY 3041 BROADWAY NEW YORK NY 10027 150532053 501(C)(3) 20000 PROGRAM SUPPORT AGNES SCOTT COLLEGE 141 E COLLEGE AVE DECATUR GA 30030 580566116 501(C)(3) 19253 PROGRAM SUPPORT WESLEY THEOLOGICAL SEMINARY 4500 MASSACHUSETTS AVE NW WASHINGTON DC 20016 530245887 501(C)(3) 22300 PROGRAM SUPPORT PALMER THEOLOGICAL SEMINARY 6 LANCASTER AVE WYNNEWOOD PA 19096 231365955 501(C)(3) 10000 PROGRAM SUPPORT DREW THEOLOGICAL SEMINARY 36 MADISON AVE MADISON NJ 07940 221487164 501(C)(3) 16000 PROGRAM SUPPORT UNION THEOLOGICAL SEMINARY 3041 BROADWAY NEW YORK NY 10027 131624238 501(C)(3) 20000 PROGRAM SUPPORT 14 0 FELLOWSHIPS 48 235000 STUDENT GRANTS & SCHOLARSHIPS 848 13974302 PASTORAL LEADERSHIP GRANTS 15 3577 FACULTY SUPPORT GRANTS 19 25902 STUDENT PRIZES & AWARDS 78 68304 ATHLETICS AWARDS & TROPHIES 100 6781 FRATERNITY CLEANING AWARDS 12 4800 SERVICE AWARDS 3 3750 ALL OTHER PLAQUES, TROPHIES, & AWARDS 5 15073 STAFF VACATION AWARDS 19 11205 OUTSIDE SCHOLARSHIPS 28 47098 STUDENT RESEARCH AWARDS 2 929 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. REPORTS ARE REVIEWED BY THE GRANT ADVISORY COMMITTEE AND THE SENIOR STAFF. X X X X true true X X X X false false false false false false false false false PATRICK WHITE 199211 0 0 0 9171 0 21100 0 9725 0 239207 0 GARY PHILLIPS 163920 0 0 0 0 0 16660 0 9553 0 190133 0 LARRY GRIFFITH 150420 0 0 0 503 0 15467 0 10379 0 176769 0 STEVEN KLEIN 133027 0 0 0 150 0 14045 0 33744 0 180966 0 CHARLES BLAICH 112137 0 0 0 105 0 11901 0 26165 0 150308 0 INFORMATION REGARDING BENEFTIS PROVIDED SCHEDULE J, PART I, QUESTION 1A WABASH COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE TO PATRICK E. WHITE, THE COLLEGE'S PRESIDENT, AND GARY A. PHILLIPS, THE DEAN OF THE COLLEGE. THE RESIDENCES ARE NOT INCLUDED IN THEIR TAXABLE COMPENSATION. THE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF WABASH COLLEGE, THE PRESIDENT AND DEAN WERE REQUIRED TO LIVE IN THEIR RESPECTIVE RESIDENCES AS A CONDITION OF THEIR EMPLOYMENT, AND THEIR RESIDENCES ARE CONTIGUOUS TO WABASH'S CAMPUS. TRAVEL FOR COMPANIONS WAS PROVIDED TO THE PRESIDENT TO FURTHER BUSINESS ACTIVITIES CONDUCTED ON BEHALF OF THE COLLGE. HOUSEHOLD SERVICE, AUTOMOBILE MILEAGE, AND THE PERSONAL PORTION OF SOCIAL CLUB DUES WERE INCLUDED IN TAXABLE INCOME. INDIANA EDUCATION FACILITIES AUTHORITY 521698917 455048R91 2003-03-01 17500000 CONSTRUCTION AND EXPANSION false true 17500000 161841 7338159 2003 true false true true false false false false true 0.00000 0.00000 0.00000 true true false false false true AMERICAN FUNDS SEE SCHEDULE O 404086 FINANCIAL SERVICES false X 6 0 SEE PART II X 63 2298757 MARKET VALUE X 1 1500 APPRAISAL X 6 2600 APPRAISAL, PART II 8 false true true NONCASH CONTRIBUTIONS SCHEDULE M, PART I, QUESTION 32A JPMORGAN CHASE BANK AND GOELZER INVESTMENT MANAGEMENT ARE WABASH'S CUSTODIANS WHO PROCESS AND SELL GIFTS OF STOCK. FC TUCKER CARTER HESS GROUP DISPOSES OF GIFTS OF REAL ESTATE. REVENUES NOT REPORTED SCHEDULE M, PART I, QUESTION 33 WE DID NOT REPORT REVENUES FOR ITEMS WE COULD NOT PROPERLY VALUE. DIRECTOR, TRUSTEE, OR KEY EMPLOYEE FORM 990, PART VI, QUESTION 2 GARY REAMEY AND ALLAN ANDERSON HAVE A BUSINESS RELATIONSHIP. ROBERT GRAND AND RAY KLJAJIC HAVE A BUSINESS RELATIONSHIP. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, QUESTION 6 & 7A ALUMNI OF WABASH COLLEGE ARE CONSIDERED MEMBERS. AN ALUMNUS IS ANY PERSON WHO ATTENDED WABASH FOR AT LEAST TWO SEMESTERS. EVERY EVEN-NUMBERED YEAR, ALUMNI ELECT TWO TRUSTEES TO THE BOARD. EVERY ODD-NUMBERED YEAR, ALUMNI ELECT ONE TRUSTEE TO THE BOARD. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11A THE AUDIT COMMITTEE CHAIRMAN AND THE TRESURER/CFO DO A DETAILED REVIEW OF THE 990. THE ENTIRE BOARD IS GIVEN ACCESS TO THE RETURN POSTED ON THE COLLEGE PORTAL BEFORE THE RETURN IS FILED. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C TWO CONFLICT OF INTEREST STATEMENTS ARE SENT TO ALL BOARD MEMBERS, A GENERAL ONE IN AUGUST AND ONE THAT MEETS THE REQUIREMENTS OF THE 990 IN MARCH. THE SECRETARY OF THE BOARD REVIEWS THE FIRST SET OF COMPLETED FORMS AND THE TRESURER OF THE BOARD REVIEWS THE SECOND SET OF CONFLICT OF INTEREST FORMS COMPLETED FOR THE FORM 990. THERE HAVE BEEN FEW CONFLICTS ON THE BOARD, BUT WHEN ONE DOES OCCUR, THE BOARD MEMBER RECUSES HIMSELF FROM VOTING. THE CONFLICT OF INTEREST AND RECUSAL ARE NOTED IN THE MINUTES OF THE BOARD MEETING. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B THE PRESIDENT MAKES RECOMMENDATIONS TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR SALARIES FOR SENIOR STAFF MEMBERS. THIS WAS LAST DONE IN THE SPRING OF 2010. IN ADDITION, THE COMPENSATION COMMITTEE SETS THE SALARY LEVEL FOR THE PRESIDENT. THIS WAS LAST DONE IN THE SPRING OF 2010. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FORM 990, PART VI, QUESTION 19 WABASH COLLEGES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WABASH'S WEBSITE. BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS FORM 990, PART VII FRED RUEBECK, A TRUSTEE, IS EMPLOYED BY WABASH COLLEGE IN AN ADVISORY ROLE. BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS SCHEDULE L, PART IV, COLUMN B KEVIN CLIFFORD, A TRUSTEE, IS PRESIDENT AND CEO OF AMERICAN FUNDS. WABASH COLLEGE HAS A PORTION OF ITS ENDOWMENT FUND AND 403(B) PLAN WITH AMERICAN FUNDS.