TRUSTEES OF AMHERST COLLEGE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- TRUSTEES OF AMHERST COLLEGE (EIN 04-2103542)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201101339349303970
- Schema version
- 2009v1.2
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-13T09:30:53-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103542 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMHERST COLLEGE TRUSTEES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AMHE | NameControl |
| Phone | 4135422101 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 Comptrollers Office | AddressLine1 |
| City | Amherst | City |
| State | MA | State |
| ZIP Code | 01002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Stephen Nigro | Name |
| Title | Comptroller | Title |
| Phone | 4135422101 | Phone |
| Date Signed | 2011-05-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Anthony Marx | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 | AddressLine1 |
| Address Line2 | Comptrollers Office | AddressLine2 |
| City | Amherst | City |
| State | MA | State |
| ZIP Code | 01002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 727970912 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.amherst.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1821 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, engage the world around them, and lead principled lives of consequence. Amherst brings together the most promising students, whatever their financial need, in order to promote diversity of experience and ideas within a purposefully small residential community. Working closely with faculty, staff and administrators dedicated to intellectual freedom and the highest standards of instruction in the liberal arts, Amherst undergraduates assume substantial responsibility for undertaking inquiry and for shaping their education within and beyond the curriculum. Amherst College is committed to learning through close colloquy and to expanding the realm of knowledge through scholarly research and artistic creation at the highest level. Its graduates link learning with leadership - in service to the College, to their communities, and to the world beyond. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2891 | TotalNbrEmployees |
| Total Nbr Volunteers | 2445 | TotalNbrVolunteers |
| Total Gross UBI | -7852239 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -8791804 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 37805177 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 136669734 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 81059739 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 85721442 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32096829 | InvestmentIncomePriorYear |
| Investment Income Current Year | 17011713 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6348188 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5221815 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 157309933 | TotalRevenuePriorYear |
| Total Revenue Current Year | 244624704 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 33569572 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 37643193 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 85953501 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 85759181 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 5682366 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 90839091 | OtherExpensePriorYear |
| Other Expenses Current Year | 90178633 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 210362164 | TotalExpensesPriorYear |
| Total Expenses Current Year | 213581007 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -53052231 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 31043697 | RevenuesLessExpensesCY |
| Total Assets BOY | 2280294376 | TotalAssetsBOY |
| Total Assets EOY | 2458499283 | TotalAssetsEOY |
| Total Liabilities BOY | 418558567 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 423797614 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1861735809 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2034701669 | NetAssetsOrFundBalancesEOY |
| Mission Description | Amherst College educates men and women of exceptional potential from all backgrounds so that they may seek, value and advance knowledge, engage the world around them, and lead principled lives of consequence. Amherst brings together the most promising students, whatever their financial need, in order to promote diversity of experience and ideas within a purposefully small residential community. Working closely with faculty, staff and administrators dedicated to intellectual freedom and the highest standards of instruction in the liberal arts, Amherst undergraduates assume substantial responsibility for undertaking inquiry and for shaping their education within and beyond the curriculum. Amherst College is committed to learning through close colloquy and to expanding the realm of knowledge through scholarly research and artistic creation at the highest level. Its graduates link learning with leadership - in service to the College, to their communities, and to the world beyond. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 151496967 | Expense |
| Grants | 36929016 | Grants |
| Revenue | 87563457 | Revenue |
| Description | Higher Education: Undergraduate Education, Amherst College is an undergraduate institution with an approximate student enrollment of 1709 and total faculty and staff of approximately 841. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9573033 | Expense |
| Grants | 664874 | Grants |
| Revenue | 2882636 | Revenue |
| Description | Home to the world's largest Shakespeare collection, the Folger Shakespeare Library is a major center for scholarly research; a lively venue for performances, readings, and exhibitions; and a national leader in humanities education. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 161070000 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | 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 | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | 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 | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2408 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2891 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| 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 |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Stephen Nigro | NamePerson |
| Telephone Number | 4135422101 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5000 Comptrollers Office | AddressLine1 |
| City | Amherst | City |
| State | MA | State |
| ZIP Code | 01002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 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 |
|---|---|---|---|---|---|---|---|---|
| Danielle S Allen | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Alan S Bernstein | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Brian J Conway | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Colin S Diver | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| William E Ford | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Howard Gardner | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| David A Kessler | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Richard S LeFrak | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Christopher S Lehane | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| John S Middleton | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Cullen Murphy | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Hope Pascucci | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Sarah Bloom Raskin | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Paula K Rauch | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Joseph E Stiglitz | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Blair H Taylor | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Scott F Turow | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Diana Chapman Walsh | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Laura J Yerkovich | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Jide J Zeitlin | ||||||||
| Trustee | 0 | X | 0 | 0 | 0 | |||
| Anthony Marx | ||||||||
| President | 40 | 300747 | 0 | 281709 | X | |||
| Stephen Nigro | ||||||||
| Comptroller | 40 | 102594 | 0 | 10797 | X | |||
| Gail Paster | ||||||||
| Director of Folger Shakespeare Memorial Library | 40 | 220474 | 0 | 24579 | X | |||
| Susan Pikor | ||||||||
| Secretary | 40 | 119510 | 0 | 20093 | X | |||
| Peter Shea | ||||||||
| Treasurer | 40 | 205905 | 0 | 48380 | X | |||
| James Brassord | ||||||||
| Director of Facilities | 40 | 199845 | 0 | 28526 | X | |||
| Gregory Call | ||||||||
| Dean of Faculty | 40 | 219833 | 0 | 32023 | X | |||
| Mauricia Geissler | ||||||||
| Chief Investment Officer | 40 | 323801 | 0 | 45756 | X | |||
| Megan Morey | ||||||||
| Chief Advancement Officer | 40 | 212933 | 0 | 40505 | X | |||
| Paul Murphy | ||||||||
| Legal and Administrative Counsel | 40 | 199419 | 0 | 38162 | X | |||
| Thomas Parker | ||||||||
| Dean of Admission & Financial Aid | 40 | 199729 | 0 | 28396 | X | |||
| Hadley Arkes | ||||||||
| Prof of Political Science | 40 | 192705 | 0 | 29953 | X | |||
| Joseph Cullen | ||||||||
| Senior Investment Manager | 40 | 205769 | 0 | 43353 | X | |||
| Larry Hunter | ||||||||
| Professor of Physics | 40 | 189067 | 0 | 48950 | X | |||
| Stanley Rabinowitz | ||||||||
| Prof of Russian | 40 | 196291 | 0 | 25805 | X | |||
| Austin Sarat | ||||||||
| Prof of Political Science & LJST | 40 | 243164 | 0 | 41196 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3331786 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 788183 | TotalOtherCompensation |
| Number Individuals GT100 K | 136 | 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 | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| Aquadro & Cerruti Inc | ||||||
| Texas Road | Northampton | MA | 01060 | Contractor | 3347499 | |
| Wright Builders Inc | ||||||
| 48 Bates Street | Northampton | MA | 01060 | Contractor | 2706587 | |
| The Baupost Group LLC | ||||||
| 10 Saint James Ave | Boston | MA | 02116 | Investment Manager | 6178594 | Ste 1700 |
| Lone Sierra LP | ||||||
| Two Greenwich Plaza | Greenwich Plaza | CT | 06830 | Investment Manager | 2581538 | |
| Regiment Capital Advisors | ||||||
| 222 Berkeley Street | Boston | MA | 02116 | Investment Manager | 3120852 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 75 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 248077 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 1997812 | GovernmentGrants |
| All Other Contributions | 134423845 | AllOtherContributions |
| Noncash Contributions | 2441157 | NoncashContributions |
| Total Contributions | 136669734 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and other student fees | 611310 | 65990847 | 65990847 | 0 | $0 |
| Room and board | 611310 | 17023776 | 17023776 | 0 | $0 |
| Box office admissions | 711130 | 1154702 | 1154702 | 0 | $0 |
| Folger Consort | 711130 | 333559 | 333559 | 0 | $0 |
| Folger Institute | 611710 | 525882 | 525882 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 692676 | TotalRevenueColumn |
| Related Or Exempt Function Income | 692676 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 85721442 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31805462 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -8240152 | UnrelatedBusinessRevenue |
| Exclusion | $40,045,614 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29584 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $29,584 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249417 | TotalRevenueColumn |
| Related Or Exempt Function Income | 249417 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 831547 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 765530 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 66017 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 66017 | TotalRevenueColumn |
| Related Or Exempt Function Income | 66017 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 467092962 | Securities |
| Other | 591429 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 482388295 | Securities |
| Other | 119429 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -15295333 | Securities |
| Other | 472000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -14823333 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -109251 | UnrelatedBusinessRevenue |
| Exclusion | -$14,714,082 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 80337 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 248077 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 72954 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7383 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7383 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Dining services | 722210 | 1003822 | 1003822 | 0 | $0 |
| Other residence halls | 721000 | 272804 | 272804 | 0 | $0 |
| Summer conferences | 611710 | 1372594 | 895300 | 477294 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2249778 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2229908 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 19870 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4898998 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 244624704 | TotalRevenueColumn |
| Related Or Exempt Function Income | 90446093 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -7852239 | UnrelatedBusinessRevenue |
| Exclusion | $25,361,116 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180173 | Total |
| Program Services | 180173 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37346956 | Total |
| Program Services | 37346956 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116064 | Total |
| Program Services | 116064 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2886472 | Total |
| Program Services | 875532 | ProgramServices |
| Management And General | 1757658 | ManagementAndGeneral |
| Fundraising | 253282 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63685118 | Total |
| Program Services | 53656840 | ProgramServices |
| Management And General | 7009949 | ManagementAndGeneral |
| Fundraising | 3018329 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14666797 | Total |
| Program Services | 11046585 | ProgramServices |
| Management And General | 2932320 | ManagementAndGeneral |
| Fundraising | 687892 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4520794 | Total |
| Program Services | 3643769 | ProgramServices |
| Management And General | 672054 | ManagementAndGeneral |
| Fundraising | 204971 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 531817 | Total |
| Management And General | 531817 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227981 | Total |
| Management And General | 227981 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11891 | Total |
| Program Services | 11891 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30355091 | Total |
| Management And General | 30355091 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1345772 | Total |
| Program Services | 1157975 | ProgramServices |
| Management And General | 187797 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1058620 | Total |
| Program Services | 220775 | ProgramServices |
| Management And General | 676979 | ManagementAndGeneral |
| Fundraising | 160866 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2767452 | Total |
| Program Services | 2177587 | ProgramServices |
| Management And General | 503674 | ManagementAndGeneral |
| Fundraising | 86191 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2378706 | Total |
| Program Services | 1665094 | ProgramServices |
| Management And General | 642251 | ManagementAndGeneral |
| Fundraising | 71361 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12580812 | Total |
| Program Services | 12077580 | ProgramServices |
| Management And General | 251616 | ManagementAndGeneral |
| Fundraising | 251616 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2552988 | Total |
| Program Services | 1932271 | ProgramServices |
| Management And General | 201673 | ManagementAndGeneral |
| Fundraising | 419044 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8346121 | Total |
| Program Services | 8012277 | ProgramServices |
| Management And General | 166922 | ManagementAndGeneral |
| Fundraising | 166922 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15546556 | Total |
| Program Services | 14924694 | ProgramServices |
| Management And General | 310931 | ManagementAndGeneral |
| Fundraising | 310931 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1256708 | Total |
| Program Services | 1256708 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Equipment and vehicles | 225813 | 158069 | 60970 | 6774 |
| Food | 2203500 | 2203500 | 0 | 0 |
| Library books | 2714860 | 2714860 | 0 | 0 |
| College sponsored research | 1436336 | 1436336 | 0 | 0 |
| Student health | 745905 | 745905 | 0 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3891704 | Total |
| Program Services | 3508559 | ProgramServices |
| Management And General | 338958 | ManagementAndGeneral |
| Fundraising | 44187 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213581007 | Total |
| Program Services | 161070000 | ProgramServices |
| Management And General | 46828641 | ManagementAndGeneral |
| Fundraising | 5682366 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2534199 | BOY |
| EOY | 35993140 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261096679 | BOY |
| EOY | 111997246 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53140954 | BOY |
| EOY | 125301951 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5552955 | BOY |
| EOY | 4506674 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 217676 | BOY |
| EOY | 209690 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4001311 | BOY |
| EOY | 672433 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 510092 | BOY |
| EOY | 497225 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4688177 | BOY |
| EOY | 3677159 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 539231396 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 183932681 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 354917817 | BOY |
| EOY | 355298715 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123864475 | BOY |
| EOY | 330407971 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1435616824 | BOY |
| EOY | 1454298885 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4014071 | BOY |
| EOY | 3827077 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30139146 | BOY |
| EOY | 31811117 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2280294376 | BOY |
| EOY | 2458499283 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11728889 | BOY |
| EOY | 8878917 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2070632 | BOY |
| EOY | 2036612 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3064761 | BOY |
| EOY | 3717833 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 220340000 | BOY |
| EOY | 217865000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 357836 | BOY |
| EOY | 482082 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180996449 | BOY |
| EOY | 190817170 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 418558567 | BOY |
| EOY | 423797614 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 657929190 | BOY |
| EOY | 680709394 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 896870746 | BOY |
| EOY | 933727137 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 306935873 | BOY |
| EOY | 420265138 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1861735809 | BOY |
| EOY | 2034701669 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2280294376 | BOY |
| EOY | 2458499283 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $11,891 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $0 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 11891 | 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 Trustees of Amherst College paid Chernikoff and Company $11,891 on behalf of the Folger Shakespeare Memorial Library for lobbying activities during its fiscal year ended June 30, 2010. In addition, Amherst College pays membership fees in various organizations that may perform a limited amount of lobbying activities such as NAICU-National Association of Independent Colleges and Universities, AICUM-Association of Independent Colleges and Universities in Massachusetts and COFHE-Consortium on Financing Higher Education. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 0 | NumberDAFsHeld |
| Number Funds Held | 1 | NumberFundsHeld |
| Donor Advised Contributions | 0 | DonorAdvisedContributions |
| Contrib To Funds And Other Accounts | 0 | ContribToFundsAndOtherAccounts |
| Grants Paid From Donor Funds | 0 | GrantsPaidFromDonorFunds |
| Grants Funds And Other Accounts | 0 | GrantsFundsAndOtherAccounts |
| Aggregate DAF Value | 0 | AggregateDAFValue |
| Aggregate Fund Value | 360755 | AggregateFundValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
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 |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1528772057 | BeginningOfYearBalance |
| Contributions | 37726786 | Contributions |
| Investment Earnings Or Losses | 163262077 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 15407641 | GrantsOrScholarships |
| Other Expenditures | 65082445 | OtherExpenditures |
| Administrative Expenses | 31836071 | AdministrativeExpenses |
| End Of Year Balance | 1617434763 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1999380254 | BeginningOfYearBalance |
| Contributions | 10800585 | Contributions |
| Investment Earnings Or Losses | -374648168 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 14276242 | GrantsOrScholarships |
| Other Expenditures | 66544789 | OtherExpenditures |
| Administrative Expenses | 25939583 | AdministrativeExpenses |
| End Of Year Balance | 1528772057 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.28 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.71 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | 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 | 8208869 | OtherCostOrOtherBasis |
| Book Value | 8208869 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 417436927 | OtherCostOrOtherBasis |
| Depreciation | 99549417 | Depreciation |
| Book Value | 317887510 | 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 | 102235680 | OtherCostOrOtherBasis |
| Depreciation | 77770428 | Depreciation |
| Book Value | 24465252 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 11349920 | OtherCostOrOtherBasis |
| Depreciation | 6612836 | Depreciation |
| Book Value | 4737084 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 355298715 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (8 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Domestic equities | 465815 | F |
| Global equities | 49084263 | F |
| Foreign equities | 143400533 | F |
| Private equities | 333081501 | F |
| Fixed income | 167269694 | F |
| Absolute return | 438828845 | F |
| Real estate and natural resources | 313231487 | F |
| Other investments | 8936747 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1454298885 | TotalOfBookValueSecurities |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Student loans | Description |
| Book Value | 3827077 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 3827077 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Beneficial interest in perptual trusts | 13831812 |
| Folger collection | 17979305 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 31811117 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Liability for life income obligation | $32,725,229 |
| Post retirement benefit obligation | $45,927,287 |
| Other liabilities | $14,611,854 |
| Taxable bond | $97,552,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 190817170 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | See Schedule D, Part III, Line 4. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The Trustees of Amherst College does not capitalize gifts in kind of art, historical treasures or other similar assets held for public exhibition, etc. Amherst College does not capitalize the purchases of art, historical treasures or other similar assets held for public exhibition, etc. The Folger Shakespeare Memorial Library (the Library), does capitalize purchases to its collection. The text of the footnote of the financial statements that describes these items is as follows: Purchases for Library's the collections are recorded at cost. The collections are reduced by the proceeds from a sale, resulting in the recognition of no gain or loss. Sales are not significant. The Folger Shakespeare Memorial Library holds the largest and most complete collection of Shakespeareana in the world and the largest collection of English printed books from 1475 to 1640 outside of England, as well as extensive Continental Renaissance holdings. The collection spans a broad range of subjects and includes books, manuscripts, documents, paintings, illustrations, tapestries, furnishings, musical instruments, scores, and curios from the Renaissance and theater history. The collection is a source of research for scholars from all over the world and is shared with the public through extensive exhibitions. The collection is exhibited within the Folger Shakespeare Memorial Library in Washington, D.C. where the collection is maintained in secure, climate controlled storage. The Emily Dickinson Museum (part of Amherst College) consists of two historic houses, and their contents, in the center of Amherst, Massachusetts, closely associated with the poet Emily Dickinson and members of her family during the nineteenth and early twentieth centuries. The Museum is dedicated to educating diverse audiences about Emily Dickinson's life, family, creative work, times, and enduring relevance, and to preserving and interpreting the Homestead and The Evergreens as historical resources for the benefit of scholars and the general public. The College has collections housed in the Mead Art Museum and the Museum of Natural History. The Mead Art Museum exhibits selections from its diverse collection of 16,000 works including American art, Russian modernist art, French art, British portraiture, African art, Japanese art, 19th and 20th century photography, and master and modern prints and drawings. The Museum of Natural History houses research collections of vertebrate and invertebrate paleontology, minerals, anthropology and modern vertebrates, as well as numerous exhibits which illustrate the evolution and ecology of major groups of animals. The College's collections are exhibited on campus where they are maintained. The College and the Library maintain policies and procedures addressing the collections' upkeep as well as other aspects of their management, including accession and deaccession policies. |
| SchD_P04_S00_L02b | Schedule D, Part IV, Line 2b | The Trustees of Amherst College serves as the custodian of funds owned by certain student groups and the Amherst Inn Company. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The mission of the Trustees of Amherst College's endowment is to provide financial support in order that the College may provide a quality education to all admitted students as articulated in the mission statement of Amherst College. The endowment is managed for the purpose of ensuring that current and future spending requirements are supported, while also preserving the endowment fund in perpetuity. The endowment provides spendable income for such expenses of the College including financial aid, professorships, capital spending, other restricted expenses as dictated by the donor and general operating costs of the College. |
| SchD_P10_S00_L00 | Schedule D, Part X | . |
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 |
| Pub Via Broadcast Media Expln | The following statement is in the College's annual catalog, admission application, yearly admission report sent to all secondary schools and brochure "this is Amherst" describing the College to all interested parties; "Amherst does not discriminate in its admission or employment policies and practices on the basis of extrinsic factors such as race, sex, sexual orientation, age, color, religion, national origin, disability or status as a veteran of the Vietnam era or as a disabled veteran." | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | The Trustees of Amherst College receives federal grants for research, etc and is a pass through entity for certain federal and state financial aid. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (30 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 0 | 0 | Grantmaking | 68531 | |
| East Asia and the Pacific | 0 | 0 | Grantmaking | 23213 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | 8932 | |
| Middle East and North Africa | 0 | 0 | Grantmaking | 6075 | |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Grantmaking | 6724 | |
| Central America and the Caribbean | 0 | 0 | Grantmaking | 2162 | |
| South Asia | 0 | 0 | Grantmaking | 427 | |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Fundraising | 561 | |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | 30165 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | 1697 | Travel and related expenses for student recruitment and support. |
| Central America and the Caribbean | 0 | 0 | Program Services | 36961 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Central America and the Caribbean | 0 | 0 | Program Services | 1686 | Travel and related expenses for student recruitment and support. |
| East Asia and the Pacific | 0 | 0 | Investments | 1731 | Travel of investment office. |
| East Asia and the Pacific | 0 | 0 | Program Services | 30576 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 118101 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | 2794 | Travel of investment office. |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 5218 | Travel and related expenses for student recruitment and support. |
| Middle East and North Africa | 0 | 0 | Program Services | 750 | Travel and related expenses for student recruitment and support. |
| Middle East and North Africa | 0 | 0 | Investments | 845 | Travel of investment office. |
| Middle East and North Africa | 0 | 0 | Program Services | 1554 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Russia and the newly independent States | 0 | 0 | Program Services | 2947 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Sub-Saharan Africa | 0 | 0 | Program Services | 10196 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Sub-Saharan Africa | 0 | 0 | Fundraising | 784 | |
| Sub-Saharan Africa | 0 | 0 | Program Services | 3646 | Travel and related expenses for student recruitment and support. |
| South America | 0 | 0 | Program Services | 6094 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| South Asia | 0 | 0 | Program Services | 9336 | Travel and related expenses for faculty and staff recruitment, conferences, lecturers and research. |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 15519 | Travel and related expenses for conferences and support of the Folger Shakespeare Memorial Library. |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | 10897 | Travel and related expenses for conferences and support of the Folger Shakespeare Memorial Library. |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | 0 | |
| Central America and the Caribbean | 0 | 0 | Investments | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 408122 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (11 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| Amherst College institutional scholarship awarded to Amherst College student for study abroad program | Europe (including Iceland and Greenland) | 5 | 39525 | Bank wire transfer | |
| Amherst College institutional scholarship awarded to Amherst College student for study abroad program | East Asia and the Pacific | 1 | 12904 | Bank wire transfer | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | Sub-Saharan Africa | 2 | 8932 | check | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | Middle East and North Africa | 1 | 6075 | check | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | Europe (including Iceland and Greenland) | 2 | 8593 | check | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | North America (including Canada and Mexico, but not the United States) | 2 | 3865 | check | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | Central America and the Caribbean | 2 | 2162 | check | |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | Europe (including Iceland and Greenland) | 4 | 15010 | check | Undergraduate fellowships awarded to Amherst College students for internships & research programs. |
| Undergraduate fellowships awarded to Amherst College students for internships & research programs. | South Asia | 1 | 427 | check | |
| Travel Allowance for attendees of World Futures Council Conference. | Europe (including Iceland and Greenland) | 9 | 13996 | check | |
| Travel Allowance for attendees of World Futures Council Conference | North America (including Canada and Mexico, but not the United States) | 2 | 2859 | check | Travel Allowance for attendees of World Futures Council Conference |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchF_P01_S00_L02 | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the institutions governing board designed to insure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships). | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Folger Gala | NameOfEvent1 |
| Gross Receipts Event1 | 249400 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 216821 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 32579 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 0 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 48543 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Folger Aquisition Night | NameOfEvent2 |
| Gross Receipts Event2 | 57600 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 20450 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 37150 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 0 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 0 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 12500 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 21414 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 10806 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 10608 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 0 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 11911 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 328414 | GrossReceiptsTotal |
| Charitable Contributions Total | 248077 | CharitableContributionsTotal |
| Gross Revenue Total Events | 80337 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 0 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 0 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 72954 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 72954 | DirectExpenseSummaryEvents |
| Net Income Summary | 7383 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Town of Amherst | |||||||||||
| 4 Boltwood Avenue | Amherst | MA | 01002 | 046001068 | government entity | 90000 | Support town budget | ||||
| WFCR Foundation Inc | |||||||||||
| c/o Hampshire House | Amherst | MA | 01002 | 046103523 | 501(c)(3) | 37150 | Support of public radio | 131 Country Circle | |||
| Woodside Children's Center | |||||||||||
| 155 Woodside Avenue | Amherst | MA | 01002 | 042888548 | 501(c)3 | 49303 | Support operations | 31737 | FMV | Contributed use of space | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (10 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| Amherst College undergraduate institutional scholarships | 1003 | 34453750 | |||
| Undergraduate fellowships for independent research and internships | 272 | 652564 | 57643 | FMV | Housing |
| Undergraduate academic awards | 129 | 156183 | |||
| Thesis research awards and financial support for graduating seniors | 36 | 22873 | |||
| Graduate fellowship awards | 91 | 651945 | |||
| Grants awarded to local highschool teachers to attend continuing educational seminars. | 21 | 57320 | 9472 | FMV | Housing |
| Tuition assistance for Amherst College employees and their dependents | 93 | 608792 | |||
| Travel grants awarded for World Future Council Members to attend conference | 5 | 11540 | |||
| Folger Shakespeare Memorial Library poetry award | 1 | 10000 | |||
| Folger Shakespeare Memorial Library fellowship awards | 224 | 654874 |
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 | Disbursements in furtherance of the institution's exempt programs are made in accordance with procedures or subject to conditions established by the institutions governing board designed to insure that individuals and organizations receiving disbursements from the institution in furtherance of its exempt purpose are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the institution on the basis of criteria such as academic achievement (fellowships) and financial need (scholarships and fellowships). | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (14 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 Related OrgsCompReportPrior990RelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anthony Marx | |||||||||||||
| 279207 | 0 | 0 | 0 | 21541 | 0 | 204510 | 0 | 77199 | 0 | 582457 | 0 | 0 | |
| Gail Paster | |||||||||||||
| 217350 | 0 | 0 | 0 | 3124 | 0 | 24579 | 0 | 0 | 0 | 245053 | 0 | 0 | |
| Peter Shea | |||||||||||||
| 204847 | 0 | 0 | 0 | 1058 | 0 | 30237 | 0 | 18143 | 0 | 254285 | 0 | ||
| James Brassord | |||||||||||||
| 199596 | 0 | 0 | 0 | 248 | 0 | 22269 | 0 | 6257 | 0 | 228370 | 0 | 0 | |
| Gregory Call | |||||||||||||
| 219524 | 0 | 0 | 0 | 309 | 0 | 24875 | 0 | 7148 | 0 | 251856 | 0 | 0 | |
| Mauricia Geissler | |||||||||||||
| 323243 | 0 | 0 | 0 | 558 | 0 | 26485 | 0 | 19272 | 0 | 369558 | 0 | 0 | |
| Megan Morey | |||||||||||||
| 212633 | 0 | 0 | 0 | 300 | 0 | 23457 | 0 | 17048 | 0 | 253438 | 0 | 0 | |
| Paul Murphy | |||||||||||||
| 193558 | 0 | 0 | 0 | 5861 | 0 | 20882 | 0 | 17281 | 0 | 237582 | 0 | 0 | |
| Thomas Parker | |||||||||||||
| 198374 | 0 | 0 | 0 | 1354 | 0 | 22389 | 0 | 6007 | 0 | 228124 | 0 | 0 | |
| Hadley Arkes | |||||||||||||
| 190160 | 0 | 0 | 0 | 2545 | 0 | 21705 | 0 | 8248 | 0 | 222658 | 0 | 0 | |
| Joseph Cullen | |||||||||||||
| 205319 | 0 | 0 | 0 | 450 | 0 | 24081 | 0 | 19272 | 0 | 249122 | 0 | 0 | |
| Larry Hunter | |||||||||||||
| 188417 | 0 | 0 | 0 | 650 | 0 | 21741 | 0 | 27209 | 0 | 238017 | 0 | 0 | |
| Stanley Rabinowitz | |||||||||||||
| 195214 | 0 | 0 | 0 | 1077 | 0 | 18657 | 0 | 7148 | 0 | 222096 | 0 | 0 | 0 |
| Austin Sarat | |||||||||||||
| 241731 | 0 | 0 | 0 | 1434 | 0 | 23673 | 0 | 17523 | 0 | 284361 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | The President is required to maintain a personal residence on campus as a condition of employment for the convenience of the employer. Certain personal services are provided to maintain this residence. Occasional personal services provided to the President and his family and expenses incurred by the President's family when accompanying the President on College related business trips are considered personal expenses and added to the President's taxable compensation, including the value of the related tax liability. These expenses are reviewed and monitored by personnel in the Treasurer's Office. |
| SchJ_P01_S00_L03 | Schedule J, Part I, Line 3 | The College participated in an annual survey of comparable institutions which compared historic salaries and designated benefits for the chief executive. The Board of Trustees delegated to an ad hoc Committee on Compensation, consisting of independent trustees, authority to determine the compensation of the President in accordance with the Compensation Policy for Designated Individuals approved by the Board in May 1998. The Committee on Compensation reviewed the relevant survey information, conducted an annual evaluation of the President, determined the President's compensation and contemporaneously documented its decision. The Committee on Compensation shared its findings and compensation decision with the Board of Trustees. |
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | Anthony Marx 6/30/2010 deferred compensation contribution $170,525. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (5 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| MHEFA Series H | ||||||
| 042456011 | 57585K4R6 | 2003-06-26 | 50000000 | Construction | 0 | 0 |
| MHEFA Series J | ||||||
| 042456011 | 57586CHB4 | 2005-06-30 | 50000000 | Construction | 0 | 0 |
| MHEFA Series K-2 | ||||||
| 042456011 | 57586EDK4 | 2009-01-15 | 50520000 | Construction | 0 | 0 |
| MHEFA Series I | ||||||
| 042456011 | 57586CHB4 | 2005-06-30 | 29700000 | Advanced refunding of Series G | 0 | 0 |
| MHEFA Series K-1 | ||||||
| 042456011 | 57586EDK4 | 2009-01-15 | 7580224 | Refunding of Series G | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (5 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount DefeasedAmountDefeased | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 50000000 | 0 | 0 | 0 | 400000 | 0 | 49600000 | 2005 | 0 | 0 | 1 | 1 |
| 50000000 | 0 | 0 | 0 | 609605 | 0 | 49390395 | 2007 | 0 | 0 | 1 | 1 |
| 50520000 | 0 | 0 | 7278578 | 598874 | 0 | 44814534 | 2011 | 0 | 0 | 0 | 1 |
| 29700000 | 0 | 0 | 0 | 281717 | 0 | 0 | 2005 | 0 | 1 | 1 | 1 |
| 7580224 | 0 | 0 | 0 | 0 | 0 | 0 | 2009 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 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 | 1 | 1 | 1 | 0 | 0.021 | 0.021 | 1 |
| 0 | 0 | 1 | 1 | 1 | 0 | 0.036 | 0.036 | 1 |
| 0 | 1 | 1 | 1 | 1 | 0 | 0.022 | 0.022 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (5 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| 0 | 1 | 0 | 0 | 0 | 1 | |
| Bank of America Merrill Lynch | ||||||
| 0 | 1 | 1 | 0 | 0 | 1 | 25 |
| (no name) | ||||||
| 0 | 1 | 0 | 0 | 0 | 1 | |
| Bank of America Merrill Lynch | ||||||
| 0 | 1 | 1 | 0 | 0 | 1 | 18 |
| (no name) | ||||||
| 0 | 0 | 0 | 0 | 0 | 1 | |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| Megan Morey | ||||||
| Mortgage | X | $200,000 | 190676 | 0 | 1 | 1 |
| Thomas Parker | ||||||
| Mortgage | X | $34,559 | 19014 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 209690 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 29 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | N/A | 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 | N/A | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 238 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2441157 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | N/A | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | piano | 1 | 0 | N/A |
| X | Wedgewood plates | 1 | 0 | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 9 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L02 | Form 990, Part VI, Section A, Line 2 | Peter Shea, Paul Murphy and James Brassord are Officers of Amherst Inn Company. |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | The financial officers of the College reviewed Form 990, including all schedules with the President of the College, the Audit Committee and the Chairman of the Board of Trustees prior to filing this form. The remaining members of the Board of Trustees were provided a full copy of Form 990 prior to filing with the exception of Schedule B. In order to respect the wishes of donors that gave gifts with the assumption of remaining anonymous, the review of Schedule B was conducted by the Audit Committee and Chairman of the Board of Trustees and the President of the College. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | All individuals covered by the policy complete a Conflict of Interest Disclosure Statement with the Secretary of the Board of Trustees (the "Secretary") annually. The Secretary accumulates all disclosure statements and furnishes a summary to the Conflict of Interest Review Committee. In all instances where the Conflict of Interest Review Committee determines that a conflict of interest does exist, such conflicts, and their remedy, are disclosed to the Board of Trustees at the next meeting. The Conflict of Interest Committee reports to the Board at least annually. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The College participated in an annual survey of comparable institutions which compared historic salaries and designated benefits for the chief executive officer and senior administrative staff. The College's President reviewed with the Board of Trustees the relevant survey information as well as senior staff performance evaluations and discussed annual salary adjustments. The Board of Trustees delegated to an ad hoc Committee on Compensation, consisting of independent trustees, authority to determine the compensation of the President. As provided in the Compensation Policy for Designated Individuals approved by the Board in May 1998, the Committee on Compensation reviewed the relevant survey information, conducted an annual evaluation of the President, determined the President's compensation and contemporaneously documented its decision. The Committee on Compensation shared its findings and compensation decision with the Board of Trustees. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The Trustees of Amherst College make the annual financial statements available on its website and by mail to certain interested third parties. The conflict of interest policy is also available on the website. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Woodside Children's Center | ||||||||||
| 155 Woodside Avenue | Amherst | MA | 01002 | 042888548 | Children's daycare | MA | 501(c)(3) | 509(a)(3)III-O | N/A | |
| Amherst College Foundation Trust | ||||||||||
| JP Morgan Svcs Inc | Newark | DE | 197146089 | 516522862 | Supporting Organization | NY | 501(c)(3) | PF | N/A | PO Box 6089 |
| Wise Fund for the Fine Arts | ||||||||||
| PO Box 5000 Comptrollers Office | Amherst | MA | 01002 | 237270221 | Supporting fine arts | MA | 501(c)(3) | 509(a)(3)l | N/A | |
| Amherst College Harry Elwin Harkness class of 1898 | ||||||||||
| PNC Bank NA | Pittsburgh | PA | 152222705 | 222891327 | Supporting organization | PA | 501(c)(3) | 509(a)(3) lll-FI | N/A | 620 Liberty Avenue |
| Associated Kyoto Program Inc | ||||||||||
| Controllers Office | Northampton | MA | 01063 | 042996114 | Supporting Organization | MA | 501(c)(3) | 509(a)(3)lll | N/A | Smith College |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | 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 | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amherst Inn Company-MA | ||||||||||||
| 30 Boltwood Ave | Amherst | MA | 01002 | 041555120 | Real Estate Leasing | MA | N/A | C | -269155 | 3639173 | 0.85 | |
| Amherst Inn Company-DE | ||||||||||||
| Amherst College | Amherst | MA | 01002 | 272334296 | Real Estate | MA | N/A | C | -26078 | 6892616 | 1 | 155 S Pleasant St |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | 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 | 1 | 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 | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Amherst College Foundation Trust | |
| a-i | 502435 |
| Amherst College Harry Elwin Harkness class of 1898 | |
| a-i | 22670 |
| Wise Fund for the Fine Arts | |
| r | 4124842 |
| Amherst Inn Company-MA | |
| q | 2045528 |
| Amherst Inn Company-DE | |
| d | 6263931 |
Comments