2011-05-12T11:42:42-05:00 2010-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2009-07-01 356014491 Earlham Foundation co Earlham College EARL 7659831772 801 National Road West Richmond IN 47374 RICHARD K SMITH 7659831772 2011-05-15 true Joyce Dulworth 3173834000 2009 2016-02-24 21:20:13Z RICHARD SMITH TREASURER 801 NATIONAL ROAD WEST RICHMOND IN 47374 71759575 false X N/A X 1931 IN THE EARLHAM FOUNDATION RECEIVES AND HOLDS PERMANENTLY RESTRICTED AND UNRESTRICTED GIFTS MADE TO BOTH EARLHAM COLLEGE AND THE EARLHAM SCHOOL OF RELIGION. SEE ATTACHMENT 2. 9 8 0 0 0 665853 3296065 0 0 -1656112 1943586 0 0 -990259 5239651 13283527 13413914 0 0 0 0 0 0 0 489619 396719 13773146 13810633 -14763405 -8570982 163737529 175917882 0 0 163737529 175917882 THE EARLHAM FOUNDATION RECEIVES AND HOLDS PERMANENTLY RESTRICTED GIFTS MADE TO EARLHAM COLLEGE (INCLUDING THE EARLHAM SCHOOL OF RELIGION) AS WELL AS UNRESTRICTED GIFTS DESIGNATED BY THE COLLEGE OF TRUSTESS AS QUASI-ENDOWMENT. THE FOUNDATION INVESTS THESE FUNDS AND RELEASE QUARTERLY DISTRIBUTIONS OF EARNINGS TO EARLHAM COLLEGE AND EARLHAM SCHOOL OF RELIGION TO SUPPORT THEIR OPERATIONS. false false 13413914 13413914 Managing the investment portfolio for endowed and quasi-endowed funds for the benefit of Earlham College and Earlham School of Religion students. 13413914 false true false false false false false true false false true false false false false false false false false false true false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false false 9 8 false false false false false false false true true false false true true true true true true false IN X CATHERINE A HABSCHMIDT 7659831772 EARLHAM COLLEGE RICHMOND IN 47374 SALLYANN GARNER 1.0 X 0 0 0 DAVID JOSE 1.0 X 0 0 0 NORMAN HERBERT 1.0 X 0 0 0 RONALD MCDANIEL 1.0 X 0 0 0 VIRGINIA MILLS 1.0 X 0 0 0 MARION SHORE 1.0 X 0 0 0 RICHARD SMITH 10.0 X X 0 154305 39595 THOMAS JOHNSON 1.0 X 0 0 0 CATHERINE HABSCHMIDT 5.0 X 0 77321 41880 0 231626 81475 0 false true false 0 3296065 3296065 0 2058583 2058583 0 0 66404927 66519924 -114997 -114997 -114997 0 0 0 0 5239651 1943586 13413914 13413914 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 396719 0 396719 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13810633 13413914 396719 0 163737529 175917882 163737529 175917882 0 0 0 0 X 32507355 36022384 49186698 88266818 82043476 51628680 163737529 175917882 163737529 175917882 X false true true X false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 163737529 3296065 22694921 13413914 396719 175917882 226187715 665853 -49342893 13283527 489619 163737529 0.20480 0.29390 0.50130 false false 5239651 13810633 -8570982 20751335 20751335 12180353 25594267 20751335 20751335 4842932 396719 396719 5239651 13413914 13413914 396719 396719 13810633 INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 EARLHAM'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE COLLEGE. IN ADDITION TO THE $175,917,882 IN ENDOWED FUNDS REPORTED HERE, A RELATED PARTY, EARLHAM COLLEGE ALSO DIRECTLY HOLDS $100,667,729 IN ENDOWED FUNDS. THE CONSOLIDATED ENDOWMENT BALANCE FOR THE BENEFIT OF EARLHAM COLLEGE IS $276,585,611. FIN 48 DISCLOSURE SCHEDULE D, PART X DURING 2010, EARLHAM ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO. 48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH WAS SUBSEQUENTLY INCORPORATED INTO THE FASB ACCOUNTING CODIFICATION (ASC) TOPIC 740. THE IMPLEMENTATION HAD NO SIGNIFICANT IMPACT ON EARLHAM'S FINANCIAL STATEMENTS. true EARLHAM COLLEGE 801 NATIONAL ROAD WEST RICHMOND IN 47374 350868073 501(c)(3) 13413914 0 N/A N/A 1 RECIPIENTS OF GRANTS QUESTION 2 ALL GRANTS ARE MADE SOLELY TO EARLHAM COLLEGE FOR EDUCATIONAL PURPOSES. false false false RICHARD SMITH 0 154305 0 0 0 0 0 16790 0 22805 0 193900 0 0 PROCESS TO REVIEW FORM 990 FORM 990, PART VI, QUESTION 11B A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE FULL GOVERNING BODY PRIOR TO ITS FILING. CONFLICT OF INTEREST FORM 990, PART VI, QUESTION 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT OFFICERS AND DIRECTORS DISCLOSE ANY SITUATIONS THAT MAY RESULT IN A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. QUESTIONNAIRES MUST BE COMPLETED ANNUALLY BUT UPDATED SOONER IF A PERSON'S SITUATION CHANGES. DISCLOSURES ARE SUMMARIZED AND REVIEWED BY THE AUDIT COMMITTE OF THE EARLHAM BOARD OF TRUSTEES. IF AN OFFICER OR DIRECTOR HAS A CONFLICT, THEY WILL NOT PARTICIPATE IN THE DECISION-MAKING PROCESS. PROCESS TO DETERMINE CEO, OFFICER, & KEY EMPLOYEE COMPENSATION FORM 990, PART VI, LINES 15A & 15B THE EARLHAM FOUNDATION DOES NOT COMPENSATE ANY OFFICERS, DIRECTORS, OR EMPLOYEES. AVAILABILITY OF ORGANIZATION'S GOVERNING DOCS, COI, & FINANCIAL STATEMENTS FORM 990, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. AVERAGE HOURS PER WEEK FORM 990, PART VII COMPENSATION FROM RELATED ORGANIZATIONS THE FOLLOWING OFFICERS OF THE EARLHAM FOUNDATION DEVOTED 50 HOURS PER WEEK FOR AND RECEIVED COMPENSATION FROM EARLHAM COLLEGE, A RELATED ORGANIZATION: RICHARD SMITH CATHERINE HABSCHMIDT EARLHAM COLLEGE 801 NATIONAL ROAD WEST RICHMOND IN 47374 350868073 EDUCATION IN 501(C)(3) 2 NA false true false false false false false false false false false false false true false false false true EARLHAM COLLEGE B 13413914 EARLHAM COLLEGE N 63375 EARLHAM COLLEGE R 3296065