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Nonprofiteer
← BRYN MAWR COLLEGE

Form 990 for tax year 2023

Filed by BRYN MAWR COLLEGE.

Totals

Total revenue
$254,582,770
Total expenses
$212,323,082
Contributions and grants received
$27,069,253
Grants paid
$53,171,148
Program service revenue
$130,193,732
Investment income
$96,958,153
Other revenue
$361,632
Total assets, end of year
$1,601,208,391
Total liabilities, end of year
$140,257,137
Net assets or fund balances, end of year
$1,460,951,254
Program services expenses (Part IX)
$161,051,000
Management and general expenses
$46,007,017
Fundraising expenses
$5,265,065
Program service expenses (Part III)
$161,051,000

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $3,909,705

  • 1f · All other contributions, gifts and grants

    $23,159,548

  • 1g · Noncash contributions included above

    $3,187,112

  • 2a · Program service revenue: GROSS TUITION

    total $99,101,435 · related or exempt $99,101,435

  • 2b · Program service revenue: ROOM AND BOARD

    total $22,937,740 · related or exempt $22,937,740

  • 2c · Program service revenue: OTHER AUXILIARY SVCS

    total $3,907,596 · related or exempt $3,907,596

  • 2d · Program service revenue: TRI-COLLEGE PROGRAMS

    total $2,364,812 · related or exempt $2,364,812

  • 2e · Program service revenue: PUBLIC SERVICE FEES

    total $1,351,342 · related or exempt $1,351,342

  • 2f · All other program service revenue

    total $530,807 · related or exempt $530,807

  • 3 · Investment income

    total $61,738,332 · excluded $61,738,332

  • 4 · Income from investment of tax-exempt bond proceeds

    total $2,105 · excluded $2,105

  • 7a · Gross sales of assets other than inventory

    securities $223,962,334

  • 7b · Less cost or other basis and sales expenses

    securities $188,744,618

  • 7c · Gain or loss

    securities $35,217,716

  • 7d · Net gain or loss

    total $35,217,716 · excluded $35,217,716

  • 11a · Other revenue: VENDING/MISC SALES

    total $361,632 · excluded $361,632

  • 11e · Other revenue, total

    $361,632

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $921,664 · program services $921,664

  • 2 · Grants to domestic individuals

    total $52,080,795 · program services $52,080,795

  • 3 · Grants to foreign organizations and individuals

    total $168,689 · program services $168,689

  • 5 · Compensation of officers, directors and key employees

    total $5,001,182 · program services $958,598 · management and general $3,589,627 · fundraising $452,957

  • 7 · Other salaries and wages

    total $62,238,781 · program services $49,447,950 · management and general $9,784,484 · fundraising $3,006,347

  • 8 · Pension plan contributions

    total $5,505,634 · program services $4,082,364 · management and general $1,124,538 · fundraising $298,732

  • 9 · Other employee benefits

    total $9,179,102 · program services $6,846,114 · management and general $1,864,016 · fundraising $468,972

  • 10 · Payroll taxes

    total $4,274,476 · program services $3,207,029 · management and general $846,226 · fundraising $221,221

  • 11b · Fees: legal

    total $787,272 · program services $82,927 · management and general $704,286 · fundraising $59

  • 11c · Fees: accounting

    total $345,742 · management and general $345,742

  • 11d · Fees: lobbying

    total $13,595 · program services $542 · management and general $13,053

  • 11f · Fees: investment management

    total $15,472,050 · program services $42,324 · management and general $15,429,230 · fundraising $496

  • 11g · Fees: other

    total $6,823,773 · program services $3,645,615 · management and general $3,001,820 · fundraising $176,338

  • 12 · Advertising and promotion

    total $97,271 · program services $65,113 · management and general $32,158

  • 13 · Office expenses

    total $11,655,759 · program services $8,384,549 · management and general $3,066,067 · fundraising $205,143

  • 14 · Information technology

    total $2,817,303 · program services $1,568,785 · management and general $1,224,077 · fundraising $24,441

  • 16 · Occupancy

    total $3,130,830 · program services $2,606,634 · management and general $503,187 · fundraising $21,009

  • 17 · Travel

    total $2,463,956 · program services $2,039,073 · management and general $237,815 · fundraising $187,068

  • 19 · Conferences, conventions and meetings

    total $2,088,827 · program services $1,240,331 · management and general $843,980 · fundraising $4,516

  • 20 · Interest

    total $4,811,351 · program services $4,278,878 · management and general $481,706 · fundraising $50,767

  • 22 · Depreciation, depletion and amortization

    total $13,931,663 · program services $12,542,125 · management and general $1,242,539 · fundraising $146,999

  • 23 · Insurance

    total $1,377,103 · program services $108,691 · management and general $1,268,412

  • 24a · Other expenses: STUDY ABROAD PROGRAM

    total $3,726,734 · program services $3,726,734

  • 24b · Other expenses: LIBRARY ACQUISITIONS

    total $2,545,565 · program services $2,545,565

  • 24c · Other expenses: BI/TRI-CLG. SHARED EXP

    total $489,146 · program services $459,911 · management and general $29,235

  • 24d · Other expenses: POOLED INCOME FUND EXP

    total $374,819 · management and general $374,819

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,828 · end of year $7,818

  • 2 · Savings and temporary cash investments

    beginning of year $130,701,560 · end of year $105,455,479

  • 3 · Pledges and grants receivable

    beginning of year $13,923,321 · end of year $13,033,616

  • 4 · Accounts receivable

    beginning of year $3,091,976 · end of year $3,417,568

  • 7 · Other notes and loans receivable

    beginning of year $1,867,114 · end of year $1,663,256

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,533,744 · end of year $1,834,922

  • 10a · Land, buildings and equipment: cost or other basis

    $476,045,038

  • 10b · Land, buildings and equipment: accumulated depreciation

    $270,940,202

  • 10c · Land, buildings and equipment, net

    beginning of year $199,532,875 · end of year $205,104,836

  • 11 · Investments: publicly traded securities

    beginning of year $531,465,318 · end of year $651,398,845

  • 12 · Investments: other securities

    beginning of year $645,521,716 · end of year $614,152,323

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $5,049,259 · end of year $5,139,728

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,729,067 · end of year $14,177,503

  • 18 · Grants payable

    beginning of year $100,626 · end of year $0

  • 19 · Deferred revenue

    beginning of year $4,166,364 · end of year $4,301,462

  • 20 · Tax-exempt bond liabilities

    beginning of year $115,412,934 · end of year $111,535,159

  • 25 · Other liabilities

    beginning of year $10,745,872 · end of year $10,243,013

  • 27 · Net assets without donor restrictions

    beginning of year $693,076,078 · end of year $725,766,842

  • 28 · Net assets with donor restrictions

    beginning of year $697,463,770 · end of year $735,184,412

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

PROVIDE A RIGOROUS EDUCATION AND ENCOURAGE PURSUIT OF KNOWLEDGE AS PREPARATION FOR LIFE AND WORK.

  • INSTRUCTION: DURING THE YEAR, BRYN MAWR COLLEGE'S ENROLLMENT CONSISTED OF APPROXIMATELY 1,451 FULL AND PART-TIME UNDERGRADUATE STUDENTS AND 317 GRADUATE AND PROFESSIONAL STUDENTS. IN FY2024, BRYN MAWR CONFERRED 320 BACHELOR'S DEGREES; 63 POST-BACCALAUREATE CERTIFICATES; 94 MASTER'S DEGREES AND 9 DOCTORAL DEGREES. EIGHTY PERCENT OF FULL-TIME UNDERGRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. THE AVERAGE AID AWARD WAS $65,013. IN ADDITION, DURING FISCAL YEAR 2024, THE COLLEGE PROVIDED $0.8 MILLION IN SUBAWARDS TO OTHER INSTITUTIONS FOR INSTRUCTION IN CRITICAL LANGUAGES.

    Expenses $156,940,164 · Grants $53,114,608 · Revenue $126,731,043

  • RESEARCH: SINCE ITS FOUNDING IN 1885, THE COLLEGE HAS MAINTAINED ITS CHARACTER AS A SMALL RESIDENTIAL COMMUNITY WHICH FOSTERS CLOSE WORKING RELATIONSHIPS BETWEEN FACULTY AND STUDENTS. THE FACULTY OF TEACHERS/SCHOLARS EMPHASIZES LEARNING THROUGH CONVERSATION AND COLLABORATION, PRIMARY READING, ORIGINAL RESEARCH AND EXPERIMENTATION. THE COLLEGE'S FACULTY RESEARCH SUPPORT PROGRAM REFLECTS A STRONG INSTITUTIONAL COMMITMENT TO FACULTY SCHOLARSHIP AND TO THE RELATIONSHIP BETWEEN TEACHING AND RESEARCH.

    Expenses $2,111,347 · Grants $51,810 · Revenue $2,111,347

  • PUBLIC SERVICE AND CIVIC ENGAGEMENT: BRYN MAWR COLLEGE'S PHEBE ANNA THORNE SCHOOL HAS BEEN SERVING FAMILIES IN THE GREATER PHILADELPHIA AREA FOR MORE THAN SIXTY YEARS. THE THORNE SCHOOL CONTINUES TO OFFER DEVELOPMENTALLY ORIENTED, CHILD-CENTERED PRE-SCHOOL AND KINDERGARTEN PROGRAMS. CIVIC ENGAGEMENT COLLABORATES WITH COMMUNITY-BASED ORGANIZATIONS TO PREPARE STUDENTS TO BE SOCIALLY RESPONSIBLE LEADERS AND CITIZENS THROUGH PURPOSEFUL ACTION, REFLECTION, AND LEARNING. A WIDE VARIETY OF PROGRAMS INCLUDE PROVIDING DIRECT SERVICE SUCH AS TUTORING, TAX PREPARATION, MENTORING, AND LEADERSHIP TRAINING, AND REFLECTING ON THAT SERVICE INSIDE AND OUTSIDE OF A CLASSROOM SETTING. (SEE SCHEDULE O)THIS DYNAMIC COMBINATION OF THE PRACTICAL AND THE ACADEMIC HELPS SHAPE STUDENTS' PROFESSIONAL GOALS, GIVES THEM REAL WORK EXPERIENCE, AND PROVIDES THE PHILADELPHIA METROPOLITAN AREA WITH MUCH-NEEDED SERVICES.

    Expenses $1,999,489 · Grants $4,730 · Revenue $1,351,342

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CYNTHIA ARCHER

    CHAIR BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    3
  • HAZARA AKTHAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHRISTY A ALLEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SALLY BACHOFER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARGARET BREEN

    TRUSTEE (BEG 10/23)

    Total calculated
    $0
    Hours/week
    2
  • STEPHANIE L BROWN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHARLIE BRUCE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CYNTHIA CHALKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARY L CLARK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CECILIA A CONRAD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RHEA GRAHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JING-YEA HSU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DIANE JAFFEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KIKI JAMIESON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TUJUANDA C JORDAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KAREN KERR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • GINA KIM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JEFFREY I KOHN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • AMY T LOFTUS

    VICE CHAIR, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    3
  • MOLLY MACDOUGALL

    TRUSTEE (BEG 10/23)

    Total calculated
    $0
    Hours/week
    2
  • JAMES MATTEO

    TRUSTEE (BEG 10/23)

    Total calculated
    $0
    Hours/week
    2
  • PATRICK T MCCARTHY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BARRY MILLS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SARA MORENO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TIM BLAKE NELSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • LORI A PERINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • COURTNEY SEIBERT-FENNIMORE

    TRUSTEE (BEG 10/23)

    Total calculated
    $0
    Hours/week
    2
  • THABANI CLEMENS SINKULA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JANET L STEINMAYER

    VICE CHAIR, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    3
  • SASKIA SUBRAMANIAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • LORELEI A VARGAS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SEVERA VON WENTZEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TERESA WALLACE

    SECRETARY, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    3
  • JENNIFER SUH WHITFIELD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • NANAR TABRIZI YOSELOFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KIMBERLY CASSIDY

    PRESIDENT OF THE COLLEGE

    Total calculated
    $847,369
    From this org
    $723,271
    From related orgs
    $0
    Other
    $124,098
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $673,967
    Bonus
    $0
    Other
    $49,304
    Deferred
    $33,000
    Nontaxable benefits
    $91,098
    Filer's total
    $847,369
  • KARI FAZIO

    CFO & CAO (THRU 01/24)

    Total calculated
    $384,408
    From this org
    $340,329
    From related orgs
    $0
    Other
    $44,079
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,329
    Bonus
    $0
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $11,079
    Filer's total
    $384,408
  • TIMOTHY HARTE

    PROVOST & PROFESSOR OF RUSSIAN

    Total calculated
    $325,272
    From this org
    $270,447
    From related orgs
    $0
    Other
    $54,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,447
    Bonus
    $2,000
    Other
    $0
    Deferred
    $27,750
    Nontaxable benefits
    $27,075
    Filer's total
    $325,272
  • SAMUEL B MAGDOVITZ

    COLLEGE COUNSEL

    Total calculated
    $299,800
    From this org
    $249,202
    From related orgs
    $0
    Other
    $50,598
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,202
    Bonus
    $2,000
    Other
    $0
    Deferred
    $25,550
    Nontaxable benefits
    $25,048
    Filer's total
    $299,800
  • TIJANA STEFANOVIC

    INTERIM CFO & CAO

    Total calculated
    $204,163
    From this org
    $176,422
    From related orgs
    $0
    Other
    $27,741
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,422
    Bonus
    $2,000
    Other
    $0
    Deferred
    $17,697
    Nontaxable benefits
    $10,044
    Filer's total
    $204,163
  • RUTH LINDEBORG

    SECRETARY OF THE COLLEGE

    Total calculated
    $196,442
    From this org
    $159,738
    From related orgs
    $0
    Other
    $36,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,738
    Bonus
    $2,000
    Other
    $0
    Deferred
    $16,164
    Nontaxable benefits
    $20,540
    Filer's total
    $196,442
  • MILLICENT BOND

    SECT. OF THE COLLEGE (BEG FALL 2023)

    Total calculated
    $174,824
    From this org
    $142,424
    From related orgs
    $0
    Other
    $32,400
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,424
    Bonus
    $2,000
    Other
    $0
    Deferred
    $14,393
    Nontaxable benefits
    $18,007
    Filer's total
    $174,824
  • BROOKE H JONES

    CHIEF INVESTMENT OFFICER

    Total calculated
    $1,340,995
    From this org
    $1,275,389
    From related orgs
    $0
    Other
    $65,606
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $650,389
    Bonus
    $625,000
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $32,606
    Filer's total
    $1,340,995
  • ROBERT MILLER

    CHIEF ALUM RELATIONS & DEV OFF

    Total calculated
    $405,409
    From this org
    $362,365
    From related orgs
    $0
    Other
    $43,044
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,365
    Bonus
    $2,000
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $10,044
    Filer's total
    $405,409
  • KARLENE BURRELL-MCRAE

    DEAN OF UNDERGRADUATE COLLEGE

    Total calculated
    $386,941
    From this org
    $357,464
    From related orgs
    $0
    Other
    $29,477
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,464
    Bonus
    $180,000
    Other
    $0
    Deferred
    $18,500
    Nontaxable benefits
    $10,977
    Filer's total
    $386,941
  • CHERYL LYNN HORSEY

    CHIEF ENROLLMENT OFFICER

    Total calculated
    $327,729
    From this org
    $276,606
    From related orgs
    $0
    Other
    $51,123
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,606
    Bonus
    $2,000
    Other
    $0
    Deferred
    $28,105
    Nontaxable benefits
    $23,018
    Filer's total
    $327,729
  • GINA SIESING

    CIO AND DIRECTOR OF LIBRARIES

    Total calculated
    $283,099
    From this org
    $234,489
    From related orgs
    $0
    Other
    $48,610
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,489
    Bonus
    $2,000
    Other
    $0
    Deferred
    $23,092
    Nontaxable benefits
    $25,518
    Filer's total
    $283,099
  • GENE KIM

    DIRECTOR OF INVESTMENTS

    Total calculated
    $686,158
    From this org
    $652,819
    From related orgs
    $0
    Other
    $33,339
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $335,460
    Bonus
    $317,359
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $339
    Filer's total
    $686,158
  • HENRY PHAN

    DIR. OF INVESTMENT OPERATIONS AND RISK MANAGEM

    Total calculated
    $363,828
    From this org
    $299,972
    From related orgs
    $0
    Other
    $63,856
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,372
    Bonus
    $29,600
    Other
    $0
    Deferred
    $31,250
    Nontaxable benefits
    $32,606
    Filer's total
    $363,828
  • WEI XU

    DIR. OF INVESTMENTS PRIVATE MARKET

    Total calculated
    $346,693
    From this org
    $299,639
    From related orgs
    $0
    Other
    $47,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $297,639
    Bonus
    $2,000
    Other
    $0
    Deferred
    $14,409
    Nontaxable benefits
    $32,645
    Filer's total
    $346,693
  • DARLYNE BAILEY

    PROFESSOR

    Total calculated
    $288,711
    From this org
    $251,834
    From related orgs
    $0
    Other
    $36,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,834
    Bonus
    $2,000
    Other
    $0
    Deferred
    $25,412
    Nontaxable benefits
    $11,465
    Filer's total
    $288,711
  • DEEPAK KUMAR

    PROFESSOR

    Total calculated
    $283,720
    From this org
    $221,301
    From related orgs
    $0
    Other
    $62,419
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,301
    Bonus
    $2,000
    Other
    $0
    Deferred
    $22,288
    Nontaxable benefits
    $40,131
    Filer's total
    $283,720

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:
FIRST-CLASS TRAVEL IS OCCASIONALLY ALLOWED FOR INTERNATIONAL AND LONG-HAUL FLIGHTS AND RAIL TRANSPORTATION. AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO RESIDE IN COLLEGE-OWNED HOUSING. THE RESIDENCE MUST BE AND IS USED FOR COLLEGE BUSINESS AND COLLEGE-SPONSORED FUNCTIONS. THE ESTIMATED VALUE OF THE PRESIDENT'S HOUSING IS EXCLUDED FROM TAXABLE INCOME BUT DISCLOSED ON SCHEDULE J, COLUMN D, NONTAXABLE BENEFITS $57,487. THE PRESIDENT WAS PROVIDED TAXABLE INCOME IN LIEU OF A PENSION CONTRIBUTION FOR WHICH THE COLLEGE ALSO PROVIDED A GROSS-UP PAYMENT FOR TAXES. THESE PAYMENTS ARE REPORTED IN COLUMN B(III).
SCHEDULE J, PART I, LINE 7:
BONUSES, AS REPORTED IN COLUMN B(II), ARE BASED ON A NUMBER OF VARIABLES SUCH AS INDIVIDUAL GOAL ACHIEVEMENTS, OPERATIONAL ACHIEVEMENTS OR TEMPORARY ASSUMPTIONS OF EXTRA DUTIES. BONUSES ARE DETERMINED AS PART OF THE OVERALL COMPENSATION REVIEW. AN ADDITIONAL NON-FIXED PAYMENT, TAXABLE INCOME IN LIEU OF A COLLEGE PENSION CONTRIBUTION, IS REPORTED IN COLUMN B(III). REFER TO THE EXPLANATION FOR LINE 1A.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • REMAINDER TRUSTS (TOTAL 25)

    T · CHRTABLE TRST · PA

  • CHARITABLE INCOME TRUSTS (TOTAL 14)

    T · CHRTABLE TRST · PA

  • CHARITABLE REMAINDER UNITRUSTS(TOTAL 13)

    T · CHRTABLE TRST · MA

  • CHARITABLE GIFT ANNUITY FUND (TOTAL 1)

    T · CHRTABLE TRST · MA

  • CHARITABLE POOLED INCOME FUND (TOTAL 1)

    T · CHRTABLE TRST · MA

  • CHARITABLE POOLED GROWTH INCOME FUND (TOTAL 1)

    T · CHRTABLE TRST · MA

Provenance

Return type
form_990
Tax year
2023
Filed
15 April 2025
IRS schema version
2023v6.0
Source object
202521059349301247

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