Totals
- Total revenue
- $361,641,058
- Total expenses
- $300,780,205
- Contributions and grants received
- $16,887,000
- Grants paid
- $55,520,000
- Program service revenue
- $135,938,000
- Investment income
- $199,953,564
- Other revenue
- $8,862,494
- Total assets, end of year
- $3,596,866,000
- Total liabilities, end of year
- $542,297,000
- Net assets or fund balances, end of year
- $3,054,569,000
- Program services expenses (Part IX)
- $236,935,552
- Management and general expenses
- $55,644,479
- Fundraising expenses
- $8,200,174
- Program service expenses (Part III)
- $236,935,552
Program services were 78.8% 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.
-
1c · Fundraising events
$24,125
-
1e · Government grants (contributions)
$2,757,000
-
1f · All other contributions, gifts and grants
$14,105,875
-
1g · Noncash contributions included above
$266,222
-
2a · Program service revenue: TUITION & FEES
total $107,080,000 · related or exempt $107,080,000
-
2b · Program service revenue: ROOM & BOARD
total $28,858,000 · related or exempt $28,858,000
-
3 · Investment income
total $128,803,688 · unrelated business $4,841,822 · excluded $123,961,866
-
4 · Income from investment of tax-exempt bond proceeds
total $6,039,023 · excluded $6,039,023
-
5 · Royalties
total $0 · excluded $0
-
6a · Gross rents
real property $1,456,158
-
6b · Less rental expenses
real property $1,229,795
-
6c · Rental income or loss
real property $226,363 · personal property $0
-
6d · Net rental income or loss
total $226,363 · excluded $226,363
-
7a · Gross sales of assets other than inventory
securities $882,155,000
-
7b · Less cost or other basis and sales expenses
securities $817,044,147
-
7c · Gain or loss
securities $65,110,853
-
7d · Net gain or loss
total $65,110,853 · unrelated business $768,343 · excluded $64,342,510
-
8a · Fundraising events: gross income
$245,438
-
8a · Fundraising events: contributions included on line 1c
$24,125
-
8b · Fundraising events: direct expenses
$62,262
-
8c · Net income from fundraising events
total $183,176 · excluded $183,176
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: INN AT SWARTHMORE (INN & RESTAURANT)
total $4,639,033 · unrelated business $4,168,593 · excluded $470,440
-
11b · Other revenue: BOOKSTORE AT SWARTHMORE (AT INN)
total $1,689,774 · unrelated business $487,816 · excluded $1,201,958
-
11c · Other revenue: SUMMER PROGRAMS
total $189,370 · unrelated business $189,370
-
11d · All other revenue
total $1,934,778 · excluded $1,934,778
-
11e · Other revenue, total
$8,452,955
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $47,320,972 · program services $47,320,972
-
3 · Grants to foreign organizations and individuals
total $8,199,028 · program services $8,199,028
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $6,453,561 · program services $1,777,416 · management and general $4,172,678 · fundraising $503,467
-
6 · Compensation of disqualified persons
total $484,527 · management and general $484,527
-
7 · Other salaries and wages
total $98,711,516 · program services $81,482,648 · management and general $13,609,604 · fundraising $3,619,264
-
8 · Pension plan contributions
total $8,160,851 · program services $6,415,815 · management and general $1,427,652 · fundraising $317,384
-
9 · Other employee benefits
total $18,744,712 · program services $13,469,114 · management and general $4,634,858 · fundraising $640,740
-
10 · Payroll taxes
total $6,997,668 · program services $5,510,346 · management and general $1,218,731 · fundraising $268,591
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,120,919 · program services $0 · management and general $1,120,919 · fundraising $0
-
11c · Fees: accounting
total $242,913 · program services $0 · management and general $242,913 · fundraising $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $56,815 · fundraising $56,815
-
11f · Fees: investment management
total $5,381,000 · program services $0 · management and general $5,381,000 · fundraising $0
-
11g · Fees: other
total $11,156,625 · program services $7,192,868 · management and general $3,601,685 · fundraising $362,072
-
12 · Advertising and promotion
total $122,838 · program services $54,385 · management and general $68,453 · fundraising $0
-
13 · Office expenses
total $9,358,400 · program services $7,087,990 · management and general $2,070,080 · fundraising $200,330
-
14 · Information technology
total $5,515,452 · program services $4,034,251 · management and general $1,336,343 · fundraising $144,858
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,696,870 · program services $2,073,985 · management and general $542,081 · fundraising $80,804
-
17 · Travel
total $4,403,671 · program services $3,291,244 · management and general $801,133 · fundraising $311,294
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,745,529 · program services $2,201,109 · management and general $881,187 · fundraising $663,233
-
20 · Interest
total $8,940,627 · program services $6,835,262 · management and general $1,839,057 · fundraising $266,308
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $20,741,712 · program services $15,577,870 · management and general $4,556,912 · fundraising $606,930
-
23 · Insurance
total $2,938,363 · program services $2,938,363 · management and general $0 · fundraising $0
-
24a · Other expenses: EQUIP PURCH, RENTAL & MAINT
total $9,226,060 · program services $7,077,311 · management and general $2,016,084 · fundraising $132,665
-
24b · Other expenses: OFF-CAMPUS STUDY PROGRAMS
total $5,203,521 · program services $5,203,521 · management and general $0 · fundraising $0
-
24c · Other expenses: FOOD & BEVERAGE (NON-TRAVEL)
total $4,884,511 · program services $4,884,511 · management and general $0 · fundraising $0
-
24d · Other expenses: ANNUITY PAYMENTS
total $1,514,237 · program services $1,514,237 · management and general $0 · fundraising $0
-
24e · All other expenses
total $8,457,307 · program services $2,793,306 · management and general $5,638,582 · fundraising $25,419
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $95,354,000 · end of year $77,198,000
-
3 · Pledges and grants receivable
beginning of year $7,979,000 · end of year $3,311,000
-
4 · Accounts receivable
beginning of year $1,825,000 · end of year $2,150,000
-
5 · Loans and receivables from officers and key people
beginning of year $185,881 · end of year $192,624
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $5,657,119 · end of year $5,529,376
-
8 · Inventories for sale or use
beginning of year $396,017 · end of year $511,518
-
9 · Prepaid expenses and deferred charges
beginning of year $2,407,983 · end of year $2,413,482
-
10a · Land, buildings and equipment: cost or other basis
$886,261,000
-
10b · Land, buildings and equipment: accumulated depreciation
$247,383,000
-
10c · Land, buildings and equipment, net
beginning of year $564,029,000 · end of year $638,878,000
-
11 · Investments: publicly traded securities
beginning of year $755,308,000 · end of year $732,297,000
-
12 · Investments: other securities
beginning of year $2,016,060,000 · end of year $2,061,783,000
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $14,570,000 · end of year $72,602,000
-
17 · Accounts payable and accrued expenses
beginning of year $38,903,000 · end of year $43,537,000
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $1,873,000 · end of year $2,581,000
-
20 · Tax-exempt bond liabilities
beginning of year $360,096,000 · end of year $456,140,000
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $40,638,000 · end of year $40,039,000
-
27 · Net assets without donor restrictions
beginning of year $1,250,767,000 · end of year $1,292,567,000
-
28 · Net assets with donor restrictions
beginning of year $1,771,495,000 · end of year $1,762,002,000
Mission and programs · 2023
Mission
SEE SCHEDULE O
-
SWARTHMORE IS A CO-EDUCATIONAL COLLEGE OF LIBERAL ARTS AND ENGINEERING DEDICATED TO INTELLECTUAL EXPLORATION, ACCESS, AND EDUCATING FOR THE COMMON GOOD. THE AVERAGE ENROLLMENT FOR FISCAL YEAR 2023-24 WAS 1,730. THERE WERE 166 STUDENTS STUDYING ABROAD. OF THE TOTAL STUDENT POPULATION, 1,470 COME FROM ACROSS THE UNITED STATES WHILE 260 COME FROM OTHER NATIONS. SWARTHMORE'S COMMITMENT TO FINANCIAL AID AND ACCESS IS AT THE CORE OF OUR EDUCATIONAL MISSION. THE COLLEGE STRIVES TO MAKE IT POSSIBLE FOR ALL ADMITTED STUDENTS TO ATTEND SWARTHMORE, REGARDLESS OF THEIR ABILITY TO PAY, AND MEETS 100 PERCENT OF DETERMINED NEED FOR ALL ADMITTED STUDENTS. NEARLY 52 PERCENT OF STUDENTS RECEIVED NEED- ASED SWARTHMORE SCHOLARSHIP AID FROM AN OVERALL FINANCIAL AID EXPENDITURES OF $56 MILLION. SWARTHMORE'S AID AWARDS CONSIST OF GRANTS (WHICH DO NOT NEED TO BE REPAID) AND THE EXPECTATION THAT STUDENTS WILL WORK IN A PART-TIME CAMPUS-BASED JOB. THE COLLEGE'S FINANCIAL AID AWARDS ARE LOAN-FREE. SWARTHMORE'S 425-ACRE ARBORETUM CAMPUS INCLUDES THE CRUM WOODS, A NATURALLY WOODED AREA COMPRISING NEARLY THREE-FIFTHS OF THE COLLEGE'S LAND. IN 2015, THE COLLEGE LAUNCHED ITS ENVIRONMENTAL SUSTAINABILITY FRAMEWORK, A SET OF GUIDELINES FOR CAPITAL PROJECTS AND FACILITIES OPERATIONS THAT INCLUDES SUSTAINABLE BUILDING GUIDELINES AND A PROJECT CHECKLIST. THE FOLLOWING YEAR, THE COLLEGE INSTITUTED A CARBON CHARGE THAT PROVIDES FUNDING FOR CAMPUS INITIATIVES AND PROJECTS THAT INCREASE ENERGY CONSERVATION AND EFFICIENCY AND PROMOTE RENEWABLE ENERGY. SWARTHMORE WAS HONORED TO RECEIVE A 2017 SUSTAINABLE CAMPUS EXCELLENCE AWARD IN THE INNOVATIVE COLLABORATION CATEGORY FROM THE INTERNATIONAL SUSTAINABLE CAMPUS NETWORK FOR OUR CARBON CHARGE PROGRAM. SWARTHMORE COLLEGE IS COMMITTED TO THE PRINCIPLE OF EQUAL OPPORTUNITY FOR ALL QUALIFIED PERSONS, WITHOUT DISCRIMINATION AGAINST ANY PERSON BY REASON OF SEX, RACE, COLOR, AGE, RELIGION, NATIONAL ORIGIN, HANDICAP, OR SEXUAL ORIENTATION. THIS POLICY IS CONSISTENT WITH RELEVANT GOVERNMENTAL STATUES AND REGULATIONS, INCLUDING THOSE PURSUANT TO TITLE IX OF THE FEDERAL EDUCATION AMENDMENTS OF 1972 AND SECTION 504 OF THE FEDERAL REHABILITATION ACT OF 1973.
Expenses $236,935,552 · Grants $55,520,000 · Revenue $135,938,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Valerie SmithVALERIE SMITH
PRES./EX OFFICIO BOARD MEMBER
- Total calculated
- $1,149,543
- From this org
- $711,643
- From related orgs
- $0
- Other
- $437,900
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $711,643
- Bonus
- $0
- Other
- $0
- Deferred
- $331,806
- Nontaxable benefits
- $106,094
- Filer's total
- $1,149,543
-
Mark C AmstutzMARK C AMSTUTZ
CHIEF INVEST OFF.(UNTIL 12/23)
- Total calculated
- $577,696
- From this org
- $522,296
- From related orgs
- $0
- Other
- $55,400
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $522,296
- Bonus
- $0
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $22,400
- Filer's total
- $577,696
-
Robert GoldbergROBERT GOLDBERG
VP FINANCE & ADMIN & TREASURER
- Total calculated
- $550,483
- From this org
- $495,249
- From related orgs
- $0
- Other
- $55,234
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $465,249
- Bonus
- $30,000
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $22,234
- Filer's total
- $550,483
-
Elizabeth Boluch-WoodELIZABETH BOLUCH-WOOD
VP OF COLLEGE ADVANCEMENT
- Total calculated
- $518,185
- From this org
- $459,461
- From related orgs
- $0
- Other
- $58,724
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $459,461
- Bonus
- $0
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $25,724
- Filer's total
- $518,185
-
Frank C GrunseichFRANK C GRUNSEICH
CHIEF INVEST OFF.(AS OF 1/24)
- Total calculated
- $472,992
- From this org
- $412,124
- From related orgs
- $0
- Other
- $60,868
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $412,124
- Bonus
- $0
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $27,868
- Filer's total
- $472,992
-
Thomas StephensonTHOMAS STEPHENSON
PROFESSOR
- Total calculated
- $415,744
- From this org
- $391,172
- From related orgs
- $0
- Other
- $24,572
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,037
- Bonus
- $0
- Other
- $282,135
- Deferred
- $10,798
- Nontaxable benefits
- $13,774
- Filer's total
- $415,744
-
Andrew HirschANDREW HIRSCH
VP FOR COMMUNICATIONS
- Total calculated
- $365,141
- From this org
- $307,640
- From related orgs
- $0
- Other
- $57,501
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $297,640
- Bonus
- $10,000
- Other
- $0
- Deferred
- $29,633
- Nontaxable benefits
- $27,868
- Filer's total
- $365,141
-
James L Bock IIIJAMES L BOCK III
VP AND DEAN OF ADMISSIONS
- Total calculated
- $352,247
- From this org
- $269,315
- From related orgs
- $0
- Other
- $82,932
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $269,315
- Bonus
- $0
- Other
- $0
- Deferred
- $27,595
- Nontaxable benefits
- $55,337
- Filer's total
- $352,247
-
Renee AtkinsonRENEE ATKINSON
ASSOCIATE VP GIFT PLANNING
- Total calculated
- $348,565
- From this org
- $298,503
- From related orgs
- $0
- Other
- $50,062
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $283,503
- Bonus
- $15,000
- Other
- $0
- Deferred
- $28,222
- Nontaxable benefits
- $21,840
- Filer's total
- $348,565
-
E Carr EverbachE CARR EVERBACH
PROFESSOR
- Total calculated
- $320,775
- From this org
- $270,654
- From related orgs
- $0
- Other
- $50,121
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,654
- Bonus
- $0
- Other
- $0
- Deferred
- $22,416
- Nontaxable benefits
- $27,705
- Filer's total
- $320,775
-
Sharmaine Bradham Lamar EsqSHARMAINE BRADHAM LAMAR ESQ
GENERAL COUNSEL
- Total calculated
- $317,180
- From this org
- $244,238
- From related orgs
- $0
- Other
- $72,942
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $244,238
- Bonus
- $0
- Other
- $0
- Deferred
- $24,874
- Nontaxable benefits
- $48,068
- Filer's total
- $317,180
-
Tomoko SakomuraTOMOKO SAKOMURA
PROVOST & DEAN OF THE FACULTY
- Total calculated
- $316,023
- From this org
- $263,111
- From related orgs
- $0
- Other
- $52,912
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $263,111
- Bonus
- $0
- Other
- $0
- Deferred
- $25,739
- Nontaxable benefits
- $27,173
- Filer's total
- $316,023
-
Beth GlassmanBETH GLASSMAN
VP HUMAN RESOURCES
- Total calculated
- $308,375
- From this org
- $259,797
- From related orgs
- $0
- Other
- $48,578
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,797
- Bonus
- $0
- Other
- $0
- Deferred
- $26,185
- Nontaxable benefits
- $22,393
- Filer's total
- $308,375
-
Katherine RenningerKATHERINE RENNINGER
PROFESSOR
- Total calculated
- $285,044
- From this org
- $243,931
- From related orgs
- $0
- Other
- $41,113
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,931
- Bonus
- $0
- Other
- $0
- Deferred
- $19,093
- Nontaxable benefits
- $22,020
- Filer's total
- $285,044
-
Andrew FeickANDREW FEICK
FORMER CO-INTERIM VP FIN&ADMIN
- Total calculated
- $281,262
- From this org
- $230,164
- From related orgs
- $0
- Other
- $51,098
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $230,164
- Bonus
- $0
- Other
- $0
- Deferred
- $23,308
- Nontaxable benefits
- $27,790
- Filer's total
- $281,262
-
Donna Jo NapoliDONNA JO NAPOLI
PROFESSOR
- Total calculated
- $278,422
- From this org
- $246,630
- From related orgs
- $0
- Other
- $31,792
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,630
- Bonus
- $0
- Other
- $0
- Deferred
- $24,142
- Nontaxable benefits
- $7,650
- Filer's total
- $278,422
-
Jason ParkhillJASON PARKHILL
CHIEF INFORMATION OFFICER
- Total calculated
- $256,147
- From this org
- $207,912
- From related orgs
- $0
- Other
- $48,235
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,912
- Bonus
- $0
- Other
- $0
- Deferred
- $20,525
- Nontaxable benefits
- $27,710
- Filer's total
- $256,147
-
Erin Brownlee DellERIN BROWNLEE DELL
CHIEF OF STAFF & SECRETARY
- Total calculated
- $242,638
- From this org
- $186,791
- From related orgs
- $0
- Other
- $55,847
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,791
- Bonus
- $0
- Other
- $0
- Deferred
- $19,188
- Nontaxable benefits
- $36,659
- Filer's total
- $242,638
-
Alice TurbivilleALICE TURBIVILLE
ASSISTANT TREASURER
- Total calculated
- $228,277
- From this org
- $187,811
- From related orgs
- $0
- Other
- $40,466
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,811
- Bonus
- $0
- Other
- $0
- Deferred
- $18,777
- Nontaxable benefits
- $21,689
- Filer's total
- $228,277
-
Bradley KochBRADLEY KOCH
DIRECTOR OF ATHLETICS
- Total calculated
- $209,090
- From this org
- $189,388
- From related orgs
- $0
- Other
- $19,702
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,388
- Bonus
- $0
- Other
- $0
- Deferred
- $18,857
- Nontaxable benefits
- $845
- Filer's total
- $209,090
-
Robin Huntingdon ShoresROBIN HUNTINGDON SHORES
ASSISTANT SECRETARY
- Total calculated
- $186,163
- From this org
- $148,973
- From related orgs
- $0
- Other
- $37,190
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,973
- Bonus
- $0
- Other
- $0
- Deferred
- $15,244
- Nontaxable benefits
- $21,946
- Filer's total
- $186,163
-
Stephanie IvesSTEPHANIE IVES
VP FOR STUDENT AFFAIRS
- Total calculated
- $180,673
- From this org
- $174,185
- From related orgs
- $0
- Other
- $6,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,185
- Bonus
- $25,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,488
- Filer's total
- $180,673
-
Carrie DiennaCARRIE DIENNA
FORMER ACTING ASST TREASURER
- Total calculated
- $179,206
- From this org
- $162,240
- From related orgs
- $0
- Other
- $16,966
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,240
- Bonus
- $0
- Other
- $0
- Deferred
- $16,163
- Nontaxable benefits
- $803
- Filer's total
- $179,206
-
Leslie AbbeyLESLIE ABBEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
William BouldingWILLIAM BOULDING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
David G BradleyDAVID G BRADLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John P ChenJOHN P CHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Thom CollinsTHOM COLLINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Sean DecaturSEAN DECATUR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth EconomyELIZABETH ECONOMY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Liz Haskin FernaldLIZ HASKIN FERNALD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lauren C GlantLAUREN C GLANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Marilyn HolifieldMARILYN HOLIFIELD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
S Leslie JewettS LESLIE JEWETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ayanna JohnsonAYANNA JOHNSON
TRUSTEE/EX OFFICIO BOARD MEMBE
- Total calculated
- $0
- Hours/week
- 2
-
Eleanor JosephELEANOR JOSEPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Jaky JosephJAKY JOSEPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Harold KalksteinHAROLD KALKSTEIN
CHAIR
- Total calculated
- $0
- Hours/week
- 6
-
Paul KuenstnerPAUL KUENSTNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lucy LangLUCY LANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Edgar LeeEDGAR LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Cindi LeiveCINDI LEIVE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Sabrina MartinezSABRINA MARTINEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Corey MulloyCOREY MULLOY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Nicole O'Dell OdimNICOLE O'DELL ODIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Cathyrn PolinskyCATHYRN POLINSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Asahi PompeyASAHI POMPEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
H Vincent PoorH VINCENT POOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dawn PorterDAWN PORTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dorothy RobinsonDOROTHY ROBINSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Anne SchuchatANNE SCHUCHAT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Stephen SellSTEPHEN SELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Gaurav SethGAURAV SETH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Salem D ShuchmanSALEM D SHUCHMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
James SnipesJAMES SNIPES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Thomas E SpockTHOMAS E SPOCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Sujatha A SrinivasanSUJATHA A SRINIVASAN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 6
-
Bryan WolfBRYAN WOLF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brian WongBRIAN WONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Winston ZeeWINSTON ZEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
S Brooke VickS BROOKE VICK
VP FOR DEI (AS OF 1/24)
- Total calculated
- $0
- Hours/week
- 40
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 · Travel for companions
- 1a · Tax indemnification and gross-up payments
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 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, LINE 1A
- DETAIL OF ADDITIONAL BENEFITS PROVIDED FIRST CLASS TRAVEL IN GENERAL, IT IS THE COLLEGE'S POLICY THAT FIRST CLASS TRAVEL IS NOT AUTHORIZED FOR COLLEGE EMPLOYEES TRAVELING ON COLLEGE BUSINESS. HOWEVER, IN RECOGNITION THAT THE PRESIDENT TYPICALLY WORKS DURING FLIGHTS, ATTENDS DIRECTLY TO BUSINESS UPON ARRIVAL, AND CANNOT SCHEDULE IN TIME FOR ADEQUATE REST, THE BOARD OF MANAGERS HAS APPROVED THE USE OF FIRST CLASS TRAVEL FOR THE PRESIDENT ON DOMESTIC AND INTERNATIONAL FLIGHTS OVER THREE HOURS IN LENGTH. THIS POLICY EXTENDS TO THE PRESIDENT'S SPOUSE WHEN HE OR SHE ACCOMPANIES THE PRESIDENT ON BUSINESS TRAVEL. FOR ALL OTHER EMPLOYEES (FACULTY AND STAFF), FIRST CLASS TRAVEL MUST BE PRE-APPROVED BY THE PRESIDENT OR THEIR DESIGNATE. TRAVEL FOR COMPANIONS IN CERTAIN AUTHORIZED CIRCUMSTANCES THE COLLEGE WILL PAY, OR WILL REIMBURSE, FOR THE TRAVEL, MEALS AND EXPENSES OF THE SPOUSE/PARTNER OF AN EMPLOYEE UNDER THE COLLEGE'S ACCOUNTABLE PLAN. REIMBURSEMENTS ARE CONSIDERED TAXABLE INCOME TO THE EMPLOYEE UNLESS THE COMPANION TRAVEL IS: 1) FOR A BONA FIDE BUSINESS PURPOSE, 2) DIRECTLY BENEFITS THE COLLEGE, AND 3) IS PROPERLY DOCUMENTED AND APPROVED. ANY SPOUSE/PARTNER TRAVEL OTHER THAN THE PRESIDENT MUST BE APPROVED, IN ADVANCE, BY THE PRESIDENT OR THEIR DESIGNATE. TAX GROSS-UP PAYMENTS RETIREMENT PAYMENTS TO EMPLOYEES MAY INCLUDE A GROSS-UP FOR A PORTION OF THE BENEFITS PAID. RESIDENCE REQUIREMENT AS A CONDITION OF EMPLOYMENT, THE PRESIDENT AND DEAN OF STUDENTS MAINTAINED THEIR FULL TIME RESIDENCE IN COLLEGE-PROVIDED HOUSING AND USED THE RESIDENCE FOR COLLEGE BUSINESS AND ENTERTAINMENT PURPOSES. SOCIAL CLUB DUES MEMBERSHIP DUES WERE PROVIDED TO TWO CLUBS. THE YALE CLUB (IN NEW YORK) AND THE PENN CLUB (IN PHILADELPHIA) AND ARE TO BE USED, PRIMARILY, FOR BUSINESS PURPOSES. --------------------
- SCHEDULE J, PART I, LINE 4B
- SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPATION SWARTHMORE COLLEGE (THE "COLLEGE") MAINTAINS A SUPPLEMENTAL EXECUTIVE IRC SECTION 457(F) RETIREMENT PLAN ("SERP") DESIGNED FOR THE PRESIDENT OF THE COLLEGE. VESTING IN THE SERP WILL OCCUR IF THE PRESIDENT REMAINS AT THE COLLEGE THROUGH JUNE 30, 2025 (OR DEATH OR PERMANENT DISABILITY PRIOR TO THEN). THERE WERE NO DISTRIBUTIONS MADE FROM THE SERP PLAN FOR THE JUNE 30, 2024 TAX YEAR. --------------------
- SCHEDULE J, PART I, LINE 7
- CERTAIN INDIVIDUALS RECEIVED APPROVED DISCRETIONARY BONUSES AND/OR INCENTIVE COMPENSATION. --------------------
- SCHEDULE J, PART II
- ADDITIONAL INFORMATION ALL DEFERRED COMPENSATION FIGURES REPORTED ON PART II, COLUMN C, INCLUDE EMPLOYER CONTRIBUTIONS TO A QUALIFIED RETIREMENT PLAN. TOMOKO SAKAMURA - DEFERRED COMPENSATION ALSO INCLUDES ACCRUED LEAVE COMPENSATION AND BENEFITS. VALERIE SMITH - NON-TAXABLE BENEFITS FIGURE INCLUDES A HOUSING ALLOWANCE. SEE "RESIDENCE REQUIREMENT" ABOVE. VALERIE SMITH - DEFERRED COMPENSATION ALSO INCLUDES ACCRUED LEAVE COMPENSATION AND BENEFITS. VALERIE SMITH - DEFERRED COMPENSATION ALSO INCLUDES 457(B) COMPENSATION. THOMAS STEPHENSON - OTHER REPORTABLE COMPENSATION FIGURE WAS AN EARLY RETIREMENT PAYMENT ----------------
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
No itemized grants to organizations 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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PARRISH LLC
INN/RESTAURNT · PA · income $4,649,349 · assets -$1,117,180
Directly controlled by SWARTHMORE
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
HIGHLAND CAPITAL PARTNERS VIII
EXCULDED FROM TAX · INVESTMENTS · MA · 65.333% owned · share of income -$147,064 · share of assets $955,834
Directly controlled by SWARTHMORE
-
THE VARDE ASIA CREDIT FUND II LP
EXCLUDED FROM TAX · INVESTMENTS · MN · 91.463% owned · share of income $1,116,011 · share of assets $9,404,056
Directly controlled by SWARTHMORE
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MARJAY PRODUCTIONS INC
C CORPORATION · LITERARY WORK · DE · 100% owned · share of income $320,434 · share of assets $91,826 · controlled entity
Directly controlled by NA
-
CHARITABLE REMAINDER ANNUITY TRUSTS
TRUST · N/A · PA
Directly controlled by NA
-
CHARITABLE REMAINDER UNITRUSTS
TRUST · N/A · PA
Directly controlled by NA
-
NET INC CHARITABLE REMAINDER UNITRUSTs
TRUST · N/A · PA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501289349300830
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