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Nonprofiteer
← CORPORATION OF HAVERFORD COLLEGE

Form 990 for tax year 2022

Filed by CORPORATION OF HAVERFORD COLLEGE.

Totals

Total revenue
$211,707,370
Total expenses
$163,519,090
Contributions and grants received
$20,058,124
Grants paid
$37,966,162
Program service revenue
$118,947,713
Investment income
$72,601,915
Other revenue
$99,618
Total assets, end of year
$883,366,346
Total liabilities, end of year
$159,339,755
Net assets or fund balances, end of year
$724,026,591
Program services expenses (Part IX)
$136,606,056
Management and general expenses
$22,221,429
Fundraising expenses
$4,691,605
Program service expenses (Part III)
$136,606,056

Program services were 83.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • WENDY RAYMOND

    PRESIDENT

    Total calculated
    $722,239
    From this org
    $538,227
    From related orgs
    $0
    Other
    $184,012
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $524,769
    Bonus
    $1,000
    Other
    $12,458
    Deferred
    $54,449
    Nontaxable benefits
    $129,563
    Filer's total
    $722,239

  • CHARLES G BEEVER

    CHAIR, BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • GARRY W JENKINS

    VICE CHAIR, BOARD (UNTIL 6/30/23)

    Total calculated
    $0
    Hours/week
    2

  • AMY TAYLOR BROOKS

    CLERK, BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • ZACHARY DUTTON

    SECRETARY, BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • MARK G ANDERSON

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • STEVEN L BEGLEITER

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • BRIAN COOPER

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • PETRA DOAN

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • MOLLY FINN

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • JONATHAN M GAMSE

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • BRUCE D GORCHOW

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • CLAUDIA L HAMMERMAN

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • JAMES KINSELLA

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • THIEN LE

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • DON LIU

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • ERICA LURIE-HURVITZ

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • RACHEL MELROY-HUSSER

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • BEATRICE MITCHELL

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • KARL NADEAU

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • TERESA NANCE

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER S PERKINS

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • SARA RECKTENWALD

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • MAURICE RIPPEL

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • HENRY J RITCHOTTE

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • JANE SILBER

    BOARD OF MANAGERS (UNTIL 6/30/23)

    Total calculated
    $0
    Hours/week
    2

  • JOHN SPEARS

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • VINCENT WARREN

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • DAVID WERTHEIMER

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • JERRY WILLIAMS

    BOARD OF MANAGERS

    Total calculated
    $0
    Hours/week
    2

  • NANCY WOLFSON

    BOARD OF MANAGERS (UNTIL 6/30/23)

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL H CASEL

    CIO, ASST TREAS (UNTIL 1/3/23)

    Total calculated
    $373,511
    From this org
    $315,272
    From related orgs
    $0
    Other
    $58,239
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $314,272
    Bonus
    $1,000
    Other
    $0
    Deferred
    $33,415
    Nontaxable benefits
    $24,824
    Filer's total
    $373,511

  • ARA SERJOIE

    VP, INST. ADVANCEMENT (UNTIL 1/17/23)

    Total calculated
    $319,757
    From this org
    $273,976
    From related orgs
    $0
    Other
    $45,781
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $272,001
    Bonus
    $1,000
    Other
    $975
    Deferred
    $28,473
    Nontaxable benefits
    $17,308
    Filer's total
    $319,757

  • LINDA STRONG-LEEK

    PROVOST

    Total calculated
    $286,297
    From this org
    $252,528
    From related orgs
    $0
    Other
    $33,769
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $235,964
    Bonus
    $1,000
    Other
    $15,564
    Deferred
    $24,797
    Nontaxable benefits
    $8,972
    Filer's total
    $286,297

  • MITCHELL L WEIN

    SR VP ADMIN/FIN, TREAS(UNTIL 7/5/22)

    Total calculated
    $217,876
    From this org
    $183,962
    From related orgs
    $0
    Other
    $33,914
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $182,962
    Bonus
    $1,000
    Other
    $0
    Deferred
    $19,438
    Nontaxable benefits
    $14,476
    Filer's total
    $217,876

  • JESSE H LYTLE

    VP/CHIEF OF STAFF, SECRETARY

    Total calculated
    $204,187
    From this org
    $162,605
    From related orgs
    $0
    Other
    $41,582
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $161,605
    Bonus
    $1,000
    Other
    $0
    Deferred
    $18,148
    Nontaxable benefits
    $23,434
    Filer's total
    $204,187

  • BRIGID ISACKMAN

    AVP & CONTROLLER/ASST. TREASURER

    Total calculated
    $113,212
    From this org
    $90,733
    From related orgs
    $0
    Other
    $22,479
    Hours/week
    50

  • TERRI ALBERTSON UNTIL 722

    AVP, FIN/CONTROLLER/ASST TREAS

    Total calculated
    $80,081
    From this org
    $74,661
    From related orgs
    $0
    Other
    $5,420
    Hours/week
    50

  • YVONNE BERRY

    INTERIM VP OF FINANCE, TREASURER

    Total calculated
    $0
    Hours/week
    50

  • RACHMA KALRA

    ASSISTANT SECRETARY

    Total calculated
    $26,015
    From this org
    $26,015
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • JESS H LORD

    VP/DEAN OF ADMISSIONS/FINANCIAL AID

    Total calculated
    $257,824
    From this org
    $211,319
    From related orgs
    $0
    Other
    $46,505
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $210,319
    Bonus
    $1,000
    Other
    $0
    Deferred
    $22,660
    Nontaxable benefits
    $23,845
    Filer's total
    $257,824

  • JOHN MCKNIGHT

    DEAN OF THE COLLEGE

    Total calculated
    $277,506
    From this org
    $200,635
    From related orgs
    $0
    Other
    $76,871
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $199,635
    Bonus
    $1,000
    Other
    $0
    Deferred
    $21,859
    Nontaxable benefits
    $55,012
    Filer's total
    $277,506

  • MEGAN E FITCH

    CHIEF INFORMATION OFFICER

    Total calculated
    $226,871
    From this org
    $196,640
    From related orgs
    $0
    Other
    $30,231
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $195,640
    Bonus
    $1,000
    Other
    $0
    Deferred
    $20,905
    Nontaxable benefits
    $9,326
    Filer's total
    $226,871

  • DONALD B CAMPBELL JR

    DIRECTOR OF FACILITIES MANAGEMENT

    Total calculated
    $189,666
    From this org
    $170,550
    From related orgs
    $0
    Other
    $19,116
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $166,050
    Bonus
    $3,000
    Other
    $1,500
    Deferred
    $17,605
    Nontaxable benefits
    $1,511
    Filer's total
    $189,666

  • LINDA GERSTEIN

    PROFESSOR

    Total calculated
    $214,350
    From this org
    $186,138
    From related orgs
    $0
    Other
    $28,212
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $185,138
    Bonus
    $1,000
    Other
    $0
    Deferred
    $19,704
    Nontaxable benefits
    $8,508
    Filer's total
    $214,350

  • ANNE PRESTON

    PROFESSOR

    Total calculated
    $208,771
    From this org
    $181,673
    From related orgs
    $0
    Other
    $27,098
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $178,673
    Bonus
    $3,000
    Other
    $0
    Deferred
    $18,033
    Nontaxable benefits
    $9,065
    Filer's total
    $208,771

  • ASHOK GANGADEAN

    PROFESSOR

    Total calculated
    $215,210
    From this org
    $179,351
    From related orgs
    $0
    Other
    $35,859
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $178,351
    Bonus
    $1,000
    Other
    $0
    Deferred
    $19,108
    Nontaxable benefits
    $16,751
    Filer's total
    $215,210

  • LAURA MCGRANE

    ASSOC PROVOST, STRATEGIC INITIATIVES/PROFESSOR

    Total calculated
    $209,992
    From this org
    $170,738
    From related orgs
    $0
    Other
    $39,254
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $154,526
    Bonus
    $3,000
    Other
    $13,212
    Deferred
    $16,014
    Nontaxable benefits
    $23,240
    Filer's total
    $209,992

  • TERRY SNYDER

    VISITING ASSOC. PROFESSOR, LIBRARIAN OF THE COLLEG

    Total calculated
    $201,663
    From this org
    $169,159
    From related orgs
    $0
    Other
    $32,504
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $166,159
    Bonus
    $3,000
    Other
    $0
    Deferred
    $17,439
    Nontaxable benefits
    $15,065
    Filer's total
    $201,663

  • KIMBERLY BENSTON

    PROFESSOR/FORMER PRESIDENT

    Total calculated
    $244,107
    From this org
    $204,717
    From related orgs
    $0
    Other
    $39,390
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $203,717
    Bonus
    $1,000
    Other
    $0
    Deferred
    $22,344
    Nontaxable benefits
    $17,046
    Filer's total
    $244,107

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 · 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 · 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)

PART I, LINE 1A
NON-TAXABLE HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, PRESIDENT WENDY RAYMOND AND DEAN OF THE COLLEGE JOHN MCKNIGHT RESIDE ON CAMPUS FREE OF RENT. SOCIAL CLUB DUES: THE SOCIAL CLUB DUES OF THE PRESIDENT ARE PAID BY THE COLLEGE AND INCLUDED AS TAXABLE INCOME ON THE PRESIDENT'S W-2. THE PRESIDENT RECEIVED GROSS UP PAYMENTS FOR THE TAXABLE PORTION OF LIFE INSURANCE, PERSONAL USE OF COLLEGE PROVIDED VEHICLE, AND SOCIAL CLUB DUES.
PART I, LINE 4B
WENDY RAYMOND RECEIVED A NON-TAXABLE CONTRIBUTION TOWARDS HER 457(F) PROGRAM IN 2022 IN THE AMOUNT OF $2,449.
PART I, LINE 7
IN 2022, RETENTION BONUSES AND COVID RELATED EMPLOYMENT BONUSES WERE AWARDED THE BONUSES WERE APPROVED BY SENIOR LEADERS AND THE CFO.

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.

  • THE WILLIAM MAUL MEASEY TRUST

    T · CHARITABLE TRUST · PA · 60% owned · share of income $6,641,232 · share of assets $114,642,206 · controlled entity

    Directly controlled by CORPORATION OF HAVERFORD COLLEGE

  • CHARITABLE POOLED INCOME FUND (1)

    T · CHARITABLE TRUST · PA · controlled entity

    Directly controlled by CORPORATION OF HAVERFORD COLLEGE

  • CHARITABLE REMAINDER ANNUITY TRUST (1)

    T · CHARITABLE TRUST · PA · controlled entity

    Directly controlled by CORPORATION OF HAVERFORD COLLEGE

  • NET INCOME MAKEUP CHARITABLE REMAINDER UNITRUST (1)

    T · CHARITABLE TRUST · PA · controlled entity

    Directly controlled by CORPORATION OF HAVERFORD COLLEGE

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441359349311184

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