2024-05-09T15:28:26-05:00 2023-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2022-07-01 314379507 KENYON COLLEGE KENY 7404275181 209 CHASE AVENUE GAMBIER OH 43022 JULIE KORNFELD PRESIDENT 7404275181 2024-04-28 1 JULIE KORNFELD 999009999 0 CHRISTOPHER B ANDERSON P00226559 2163630100 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JULIE KORNFELD 209 CHASE AVENUE GAMBIER OH 43022 265207361 0 X WWW.KENYON.EDU X 1824 OH KENYON COLLEGE IS A PRIVATE LIBERAL ARTS EDUCATIONAL INSTITUTION WITH APPROXIMATELY 1,800 STUDENTS AND 200 PROFESSORS. THE COLLEGE HAS 18 DEPARTMENTS AND 13 INTERDISCIPLINARY PROGRAMS. 31 30 2004 543 3654199 153597 63180495 40964607 147727457 151528410 41339991 23550355 2425140 2740641 254673083 218784013 54052661 57180232 0 0 65778235 68802209 0 0 4934736 63413228 63652407 183244124 189634848 71428959 29149165 1028664563 1082627140 291619078 286224749 737045485 796402391 SEE SCHEDULE O 0 0 170231945 57180232 153647129 THE COLLEGE OFFERS 26 MAJORS LEADING TO A BACHELOR'S DEGREE WITH A STUDENT-TO-FACULTY RATIO OF 10 TO 1. IN ADDITION, THE COLLEGE OFFERS 10 CONCENTRATIONS; PRE-PROFESSIONAL ADVISING FOR GRADUATE OR PROFESSIONAL SCHOOL IN BUSINESS, EDUCATION, ENGINEERING, LAW, AND MEDICINE; AND A NUMBER OF COOPERATIVE PROGRAMS INVOLVING OTHER INSTITUTIONS. STUDENT LIFE IS ACTIVE AND MULTIFACETED INCLUDING INTERCOLLEGIATE AND INTRAMURAL ATHLETICS, PERFORMING ARTS GROUPS, SORORITIES AND FRATERNITIES, AND EDUCATIONAL OPPORTUNITIES IN SEVERAL FOREIGN COUNTRIES. THE COLLEGE'S ON-CAMPUS ENROLLMENT IS APPROXIMATELY 1,800 STUDENTS. 170231945 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 0 0 1 564 0 1 2004 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X NICHOLAS NEUERER 7404275945 209 CHASE AVENUE GAMBIER OH 43022 BRACKETT B DENNISTON CHAIR 1.00 0.00 X 0 0 0 JOSEPH E LIPSCOMB VICE CHAIR 1.00 0.00 X 0 0 0 JUDITH GILBERT SECRETARY 1.00 0.00 X 0 0 0 MIKE ARBOUR TRUSTEE 1.00 0.00 X 0 0 0 RACHEL BERGER TRUSTEE 1.00 0.00 X 0 0 0 DIANE ELAM TRUSTEE 1.00 0.00 X 0 0 0 ANNIE HANNA ENGEL TRUSTEE 1.00 0.00 X 0 0 0 ROSE BRINTLINGER FEALY TRUSTEE 1.00 0.00 X 0 0 0 JAMES FINN TRUSTEE 1.00 0.00 X 0 0 0 NINA P FREEDMAN TRUSTEE 1.00 0.00 X 0 0 0 ELISABETTA GHISINI TRUSTEE 1.00 0.00 X 0 0 0 R TODD GIARDINELLI TRUSTEE 1.00 0.00 X 0 0 0 HOPE C HARROD TRUSTEE 1.00 0.00 X 0 0 0 AILEEN C HEFFERREN TRUSTEE 1.00 0.00 X 0 0 0 PAMELA FEITLER HOEHN-SARIC TRUSTEE 1.00 0.00 X 0 0 0 THE RIGHT REVEREND MARK HOLLINGSWOR TRUSTEE 1.00 0.00 X 0 0 0 DAVID HORVITZ TRUSTEE 1.00 0.00 X 0 0 0 BENITA JACKSON TRUSTEE 1.00 0.00 X 0 0 0 AASEM G KHALIL TRUSTEE 1.00 0.00 X 0 0 0 MELZETTA MOODY TRUSTEE 1.00 0.00 X 0 0 0 LIZ MYERS TRUSTEE 1.00 0.00 X 0 0 0 JAMES F PARKER TRUSTEE 1.00 0.00 X 0 0 0 DENSIL PORTEOUS TRUSTEE 1.00 0.00 X 0 0 0 SONYA PRYOR-JONES TRUSTEE 1.00 0.00 X 0 0 0 BRIAN SELDEN TRUSTEE 1.00 0.00 X 0 0 0 BETH SHUMAN TRUSTEE 1.00 0.00 X 0 0 0 SUSAN TOMASKY TRUSTEE 1.00 0.00 X 0 0 0 D MATTHEW VOORHEES TRUSTEE 1.00 0.00 X 0 0 0 MATTHEW A WINKLER TRUSTEE 1.00 0.00 X 0 0 0 ALEXANDER W WRIGHT TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY A BOWMAN ACTING PRESIDENT & TRUSTEE 40.00 1.00 X X 281911 0 40527 SEAN DECATUR PRESIDENT(UNTIL 12/31/22) 40.00 0.00 X X 629454 0 128113 TODD BURSON VP FOR FINANCE 40.00 0.00 X 208518 0 51411 COLLEEN GARLAND VP FOR ADVANCEMENT 40.00 0.00 X 290657 0 80671 SHERYL HEMPKIN ASSOCIATE PROVOST/ACTING PROVOST 40.00 0.00 X 175214 0 30317 KATHRYN LAKE DIRECTOR OF BOARD RELATIONS 40.00 0.00 X 71385 0 18940 SHIRLEY O'BRIEN CONTROLLER 40.00 0.00 X 136155 0 14300 IAN SMITH VP FACILITIES,PLANNING&SUSTAIN. 40.00 0.00 X 160647 0 17989 DIANE ANCI VP ENROLLMENT/DEAN OF ADMISSIONS 40.00 0.00 X 225760 0 79858 RONALD GRIGGS VP FOR LBIS 40.00 0.00 X 174135 0 48702 CELESTINO LIMAS VP STUDENT AFFAIRS 40.00 0.00 X 189841 0 45009 JANET MARSDEN VP FOR COMMUNICATIONS 40.00 0.00 X 171283 0 24925 DAVID LYNN SPECIAL ASST TO PRESIDENT 40.00 0.00 X 203742 0 21531 SHARON WILLIAMS ASSOCIATE VP FOR DEVELOPMENT 40.00 0.00 X 182748 0 19876 THEODORE MASON ASSOC.PROVOST DEI 40.00 0.00 X 160238 0 42196 WENDY MACLEOD PROFESSOR OF DRAMA 40.00 0.00 X 153790 0 39447 JOSEPH KLESNER PROFESSOR OF POLITICAL SCIENCE 40.00 0.00 X 154825 0 38043 3570303 0 741855 114 0 1 0 SMOOT CONSTRUCTION CO OF OHIO 1907 LEONARD AVENUE COLUMBUS OH 43219 CONSTRUCTION 28650862 AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICE 6698672 LINCOLN CONSTRUCTION INC 4790 SHUSTER ROAD COLUMBUS OH 43214 CONSTRUCTION 4962104 GUND PARTNERSHIP 47 THORNDIKE STREET CAMBRIDGE MA 02141 ARCHITECTURE&PLANNING 2514482 LEPI ENTERPRISES INC 630 GW MORSE STREET ZANESVILLE OH 43701 SOIL CONTAMINATION ABATEMENT 1163264 26 3100954 37863653 4865903 40964607 TUITION AND FEES 900099 123986133 123986133 AUXILIARY ENTERPRISES 900099 26603813 26603813 BOOKSTORE 459900 938464 938464 151528410 8284900 3032277 5252623 48366 143513 -95147 -95147 -95147 61545290 46247233 32602 15298057 -32602 15265455 15265455 CONFERENCES & SEMINARS 721110 1327877 610808 717069 LAUNDRY/VENDING 812300 70673 70673 FINES 900099 48050 48050 1389188 1389188 2835788 218784013 153647129 3654199 20518078 54656373 54656373 2523859 2523859 1375899 343975 784262 247662 50444180 43596689 4105525 2741966 4041905 3453152 332907 255846 9205479 7872964 737950 594565 3734746 3081721 448132 204893 1152091 790823 361268 173977 173977 1880635 1880635 3712192 2519656 1058241 134295 1963513 1963513 1812479 433275 1379204 4667995 4667995 4777089 4347247 223708 206134 10092247 10092247 15169513 14566001 511464 92048 1031303 466247 565056 FOOD SERVICE 5517654 5517654 OFF-CAMPUS STUDIES PROG 4212827 4212827 INSTRUCTIONAL SUPPORT 1402995 1391548 11224 223 STUDENTS SVCS.SUPPLIES& 716031 716031 5369866 3018148 1894614 457104 189634848 170231945 14468167 4934736 64543146 33700945 38862495 38774038 2909287 5239161 1002386 1013286 601991453 212038730 333861781 389952723 54841836 59448036 464111405 493349248 4126130 4103589 64406097 57046114 1028664563 1082627140 10262982 7723324 264390749 262827650 16965347 15673775 291619078 286224749 X 389840564 403332096 347204921 393070295 737045485 796402391 1028664563 1082627140 X 29149165 30547755 -340014 X 0 1 X 1 1 1 X 18168627 29570889 24946883 63180495 40964607 176831501 18168627 29570889 24946883 63180495 40964607 176831501 44119770 132711731 7494443 6465912 4990111 5252623 24203089 3186070 3186070 204220660 660021289 0.64980 0.66870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 503661845 16237090 48743897 6180930 16577858 545884044 531585913 19959602 -23757474 5894613 18231583 503661845 409156876 11929411 133046285 5512554 17034105 531585913 412252003 19443417 -55731 5468683 17014130 409156876 405108546 12908564 17837711 5200761 18402057 412252003 0.45072 0.41797 0.13131 0 0 3039217 3039217 513986117 155374865 358611252 54135619 37492720 16642899 30830500 19171145 11659355 389952723 HEDGE & ALTERN. EQUITY FUNDS 258877173 F PRIVATE EQUITY FUNDS 126514817 F REAL ESTATE FUNDS 28325006 F COMMODITIES FUNDS 24595108 F FIXED INCOME ALTERNATIVE FUNDS 55037144 F 493349248 CONSTRUCTION IN PROGRESS 49588972 INTEREST IN CHAR.TRUSTS 3053396 OTHER ASSETS 4403746 57046114 FAIR VALUE OF INT.RATE SWAPS 1099696 DEPOSITS AND ADVANCES 2451049 LIAB.FOR POST-RETIREMENT BEN. 6367326 ANNUITIES AND OTHER FUNDS PAYABLE 5612028 GOVERNMENT LOAN FUNDS 143676 15673775 X 198720195 30547755 8449294 38997049 159723146 1880635 57180232 59060867 218784013 136650056 6076075 6076075 130573981 1880635 57180232 59060867 189634848 PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION: COLLECTION AND WORKS OF ART - COLLECTIONS ARE NOT CAPITALIZED UNDER THE PROVISIONS OF ASC 958-605, REVENUE RECOGNITION - CONTRIBUTIONS RECEIVED. ALL WORKS OF ART AND COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND ARE SUBJECT TO POLICIES GOVERNING THEIR USE. PRIOR TO ASC 958-605 ADOPTION, THE COLLEGE DID CAPITALIZE WORKS OF ART AND COLLECTIONS. AT JUNE 30, 2023 AND 2022, THE NET BOOK VALUE OF THESE ITEMS IS $1,862,696 AND IS REFLECTED IN THE EQUIPMENT SECTION OF THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PART III, LINE 4: DESCRIPTION OF ART COLLECTION - THE MAJORITY OF THE COLLEGE'S COLLECTION ("COLLEGE COLLECTION") OF ART AND ARTIFACTS IS CARED FOR BY THE GRAHAM GUND GALLERY, A SECTION 501(C)(3) SUBSIDIARY OF WHICH THE COLLEGE IS THE SOLE MEMBER. THE GRAHAM GUND GALLERY AND ITS GALLERY COLLECTION PRIORITIZES 20TH - 21ST CENTURY ART IN ITS EXHIBITIONS AND COLLECTING PROGRAM. THE COLLEGE'S COLLECTION OF PRE-20TH CENTURY, ETHNOGRAPHIC, TEACHING AND OTHER COLLECTION OBJECTS ARE MANAGED BY THE GRAHAM GUND GALLERY'S PROFESSIONAL STAFF AND HOUSED IN ITS FACILITY. SOME COLLEGE COLLECTION OBJECTS ARE INSTALLED AND ON VIEW IN COLLEGE BUILDINGS. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - FOR THE COLLEGE'S ENDOWMENT FUNDS, THE INVESTMENT OBJECTIVE IS TO ACHIEVE SUPERIOR LONG-TERM TOTAL RETURNS SUCH THAT THE REQUIREMENTS OF THE ANNUAL BUDGET ARE MET WHILE ALLOWING FOR SIGNIFICANT GROWTH, ALL WITHIN THE CONFINES OF REASONABLE RISK. EXPENDITURES FROM THE ENDOWMENT FUND ARE USED EXCLUSIVELY TO FURTHER THE EXEMPT EDUCATIONAL PURPOSES OF THE COLLEGE. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - FEDERAL INCOME TAXES: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE, THE KENYON REVIEW, THE GUND GALLERY, THE KOKOSING NATURE PRESERVE, AND THE PHILANDER CHASE CONSERVANCY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS PUBLIC CHARITIES DESCRIBED IN SECTION 501(C)(3); ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE KENYON INN MANAGEMENT COMPANY IS SUBJECT TO FEDERAL INCOME TAXES, WHICH FOR JUNE 30, 2023 AND 2022 WERE NOT SIGNIFICANT TO THESE CONSOLIDATED FINANCIAL STATEMENTS. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023. THE INCOME TAX RETURNS FOR ALL ENTITIES REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD, WHICH WAS NETTED WITH REVENUE ON LINE 2D OF PART VIII OF FORM 990 BUT SHOWN AS AN EXPENSE ON FINANCIAL STATEMENTS 1,607,911. CHANGE IN INTEREST RATE SWAP OBLIGATION 410,394. ADJUSTMENT FOR REVENUE OF RELATED ORGANIZATIONS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 7,181,397. LOSS ON DEBT EXTINGUISHMENT -750,408. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE, WHICH WAS NETTED WITH TUITION INCOME ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 57,180,232. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD, WHICH WAS NETTED WITH REVENUE ON LINE 2D OF PART VIII OF FORM 990 BUT SHOWN AS AN EXPENSE ON FINANCIAL STATEMENTS 1,607,911. ADJUSTMENT FOR EXPENSES OF RELATED ORGANIZATIONS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 4,468,164. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE, WHICH WAS NETTED WITH TUITION INCOME ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 57,180,232. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL APPLICATIONS, COURSE CATALOGS, AND THE STUDENT HANDBOOK PUBLICIZE OUR NONDISCRIMINATORY POLICY. THE PUBLICATIONS ARE PROVIDED TO ALL PROSPECTIVE AND ENROLLED STUDENTS. SCHEDULE E, PART I, LINE 6 GOVERNMENT FINANCIAL AID - KENYON COLLEGE RECEIVES STUDENT FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. THE ASSISTANCE CONSISTS OF THE FOLLOWING FEDERAL PROGRAMS: NATIONAL DIRECT STUDENT LOANS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND COLLEGE WORK STUDY PROGRAMS. THE COLLEGE ALSO RECEIVES SOME RESEARCH GRANTS AND EQUIPMENT GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES RESEARCH 12499 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 27770 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANTMAKING 41733 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 167183445 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 167520 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RESEARCH 2722 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTMAKING 151375 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 3481050 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES RESEARCH 84935 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDENT RECRUITMENT 11256 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OTHER 7523 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING 1935937 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1137468 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 48808 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES RESEARCH 376 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES OTHER 1717 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTMAKING 56026 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 52391 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES RESEARCH 9820 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES OTHER 3462 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTMAKING 45901 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 188863 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES RESEARCH 4850 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTMAKING 134380 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 34871 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES RESEARCH 7975 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES OTHER 4081 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTMAKING 39741 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 109441 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTMAKING 118767 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 171068114 4038589 175106703 EDUCATION ASSISTANCE CENTRAL AMERICA AND THE CARIBBEAN 1 41733 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE EAST ASIA AND THE PACIFIC 6 151375 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 92 1935937 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 3 56026 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 2 45901 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 7 134380 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 2 39741 CREDIT TO ACCOUNT 0 EDUCATION ASSISTANCE SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 5 118767 CREDIT TO ACCOUNT 0 1 0 1 0 1 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - FINANCIAL AID IS PROVIDED TO STUDENTS FOR EDUCATIONAL STUDIES ABROAD. THESE OFF-CAMPUS PROGRAMS ARE APPROVED BY THE COLLEGE. THE COLLEGE ENSURES THAT THE GRANTS ARE USED FOR EDUCATIONAL PURPOSES THROUGH ITS FINANCIAL AID COMPLIANCE PROCEDURES. PART III ACCOUNTING METHOD: 1 PRIZES TO STUDENTS 117 144761 0 TUITION REMISSION 46 2961410 0 SCHOLARSHIPS 1401 51083723 RESEARCH FELLOWSHIPS 71 319785 0 LEGAL FELLOWSHIPS 9 40875 0 EDUCATIONAL ENRICHMENT 22 62546 0 S-STEM SCHOLARSHIPS 11 31273 0 DALTON FELLOWSHIPS 1 12000 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - SCHOLARSHIPS, FELLOWSHIPS, AND OTHER EDUCATIONAL PROGRAM GRANTS ARE MONITORED THROUGH THE COLLEGE'S FINANCIAL AID COMPLIANCE PROCEDURES. PRIZES TO STUDENTS ARE AWARDED FOR ACADEMIC MERIT. X X X X 1 1 X X 0 1 0 0 0 0 0 0 0 SEAN DECATUR PRESIDENT(UNTIL 12/31/22) 404454 0 225000 0 0 0 95975 0 32138 0 757567 0 0 0 COLLEEN GARLAND VP FOR ADVANCEMENT 290657 0 0 0 0 0 77520 0 3151 0 371328 0 0 0 JEFFREY A BOWMAN ACTING PRESIDENT & TRUSTEE 281911 0 0 0 0 0 27061 0 13466 0 322438 0 0 0 DIANE ANCI VP ENROLLMENT/DEAN OF ADMISSIONS 225760 0 0 0 0 0 42585 0 37273 0 305618 0 0 0 TODD BURSON VP FOR FINANCE 208518 0 0 0 0 0 20685 0 30726 0 259929 0 0 0 CELESTINO LIMAS VP STUDENT AFFAIRS 189841 0 0 0 0 0 18411 0 26598 0 234850 0 0 0 DAVID LYNN SPECIAL ASST TO PRESIDENT 203742 0 0 0 0 0 19360 0 2171 0 225273 0 0 0 RONALD GRIGGS VP FOR LBIS 174135 0 0 0 0 0 17371 0 31331 0 222837 0 0 0 SHERYL HEMPKIN ASSOCIATE PROVOST/ACTING PROVOST 175214 0 0 0 0 0 16955 0 13362 0 205531 0 0 0 SHARON WILLIAMS ASSOCIATE VP FOR DEVELOPMENT 182748 0 0 0 0 0 17013 0 2863 0 202624 0 0 0 THEODORE MASON ASSOC.PROVOST DEI 160238 0 0 0 0 0 15708 0 26488 0 202434 0 0 0 JANET MARSDEN VP FOR COMMUNICATIONS 171283 0 0 0 0 0 16391 0 8534 0 196208 0 0 0 WENDY MACLEOD PROFESSOR OF DRAMA 153790 0 0 0 0 0 15251 0 24196 0 193237 0 0 0 JOSEPH KLESNER PROFESSOR OF POLITICAL SCIENCE 154825 0 0 0 0 0 11784 0 26259 0 192868 0 0 0 IAN SMITH VP FACILITIES,PLANNING&SUSTAIN. 160647 0 0 0 0 0 15207 0 2782 0 178636 0 0 0 SHIRLEY O'BRIEN CONTROLLER 136155 0 0 0 0 0 12936 0 1364 0 150455 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO OFFICERS - THE COLLEGE PROVIDED THE FOLLOWING BENEFITS TO ITS PRESIDENT: PAYMENT OF MEMBERSHIP DUES FOR THE UNION CLUB AND THE MOUNT VERNON COUNTRY CLUB; RESIDENCE ON CAMPUS FOR PERSONAL USE AS WELL AS JOB-RELATED ACTIVITIES; MAID SERVICE FOR THE PRESIDENT'S ON-CAMPUS HOME; AND A DISCRETIONARY SPENDING ACCOUNT TO FURTHER THE COLLEGE'S MISSION. THE COLLEGE DID NOT TREAT THE VALUE OF THE REMAINING BENEFITS AS TAXABLE INCOME FOR THE PRESIDENT AS EXPENSES WERE INCURRED FOR COLLEGE-RELATED PURPOSES. THE PRESIDENT'S HOME IS SUBSTANTIALLY USED FOR COLLEGE PURPOSES SINCE THE PRESIDENT HOSTS MANY FUNCTIONS AT THE RESIDENCE. ADDITIONALLY, THE CLUB MEMBERSHIPS ARE HELD IN THE NAMES OF THE PRESIDENT AND THE COLLEGE, AND THE COLLEGE OCCASIONALLY USES THE CLUBS FOR EVENTS AND MEETINGS. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - EMPLOYER CONTRIBUTION TO SECTION 457(F) PLAN FOR SEAN DECATUR: $67,000. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DBF2 2013-07-24 44637452 SEE PART VI 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DFW1 2015-05-28 40683466 SEE PART VI 0 0 0 C OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DJG2 2016-11-29 5136619 SEE PART VI 0 0 0 D OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DJG2 2016-11-29 51393477 SEE PART VI 0 0 0 A 44637452 484435 44153017 0 1 1 1 B 40683466 165100 40518366 0 1 1 1 C 5136619 54874 5081745 1 0 1 1 D 53281110 524160 52756950 0 1 1 1 A 0 1 1 1 0 0.04600 0.04600 0 0 1 B 0 1 1 1 0 0 0 1 C 0 1 1 1 0 0 0 1 D 0 1 1 1 0 0.00100 0.02300 0.02400 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 05/09/2018 ISSUER NAME: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 06/17/2020 ISSUER NAME: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 11/18/2021 ISSUER NAME: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 01/03/2023 DESCRIPTION OF PURPOSE - PART I, ROW A, COLUMN F: THE ISSUE WAS ISSUED TO ADVANCE REFUND THE FOLLOWING BOND ISSUE: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY ADJUSTABLE MEDIUM TERM REVENUE BONDS (KENYON COLLEGE 2002 PROJECT), ISSUED ON DECEMBER 10, 2002. DESCRIPTION OF PURPOSE - PART I, ROW B, COLUMN F: THE ISSUE WAS ISSUED TO ADVANCE REFUND THE NEW MONEY PORTION OF THE FOLLOWING BOND ISSUE: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY REVENUE BONDS (KENYON COLLEGE 2006 PROJECT), ISSUED ON AUGUST 9, 2006. DESCRIPTION OF PURPOSE - PART I, ROW C, COLUMN F: THE ISSUE WAS ISSUED TO CURRENT REFUND THE FOLLOWING BOND ISSUE: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY REVENUE BONDS (KENYON COLLEGE 2006 PROJECT), ISSUED ON AUGUST 9, 2006. DESCRIPTION OF PURPOSE - PART I, ROW D, COLUMN F FOR THE 2ND 2016 BOND: THE ISSUE WAS ISSUED TO PARTIALLY ADVANCE REFUND OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY REVENUE BOND (KENYON COLLEGE 2010 PROJECT), ISSUED ON FEBRUARY 11, 2010. DESCRIPTION OF PURPOSE - PART I, ROW A, COLUMN F FOR THE 2017 BOND: THE ISSUE WAS ISSUED TO PROVIDE FUNDS TO PAY PROJECT COSTS FOR EDUCATIONAL FACILITIES (KENYON COLLEGE 2017 PROJECT), ISSUED DECEMBER 14, 2017. DESCRIPTION OF PURPOSE - PART I, ROW B, COLUMN F FOR THE 2020 BOND: THE ISSUE WAS ISSUED TO REFUND THE REMAINING OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY REVENUE BOND (KENYON COLLEGE 2010 PROJECT) ISSUED FEBRUARY 11, 2010. ADDITIONAL INFORMATION ABOUT PROCEEDS - PART II, LINE 3: FOR THE 2016, 2017, AND 2020 BONDS, THE AMOUNT OF TOTAL PROCEEDS SHOWN ON PART II, LINE 3 INCLUDES INVESTMENT EARNINGS. DESCRIPTION OF PURPOSE - PART I, ROW C, COLUMN F FOR THE 2023 BOND: THE ISSUE WAS ISSUED TO REFUND THE FOLLOWING BOND ISSUE: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION, STATE OF OHIO HIGHER EDUCATIONAL FACILITY REVENUE BONDS (KENYON COLLEGE 2013 PROJECT), ISSUED ON JULY 24, 2013. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DPD2 2017-12-14 75669523 SEE PART VI 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DUN4 2020-04-02 58982175 SEE PART VI 0 0 0 C OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DC79 2023-04-05 45251345 SEE PART VI 0 0 0 A 7110000 78292835 669523 77623312 2022 0 0 1 1 B 59206824 806068 58400756 1 0 1 1 C 45251435 44700250 551185 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 JEANNE GRIGGS SPOUSE OF KEY EMPL. 31304 SALARY 0 X 2 2 EXPERT OPIN. X 4 $1-NOM;EXPERT OPIN. X 158 4846671 STOCK QUOTE X SCIENTIFIC EQUIP 2 10000 EXPERT OPIN. X EVENT EXPENSES 3 9226 COST 2 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE COLLEGE USES A SECURITIES BROKER TO SELL CERTAIN DONATED SECURITIES. THE BROKER'S FEES ARE AT OR BELOW FAIR MARKET VALUE FOR ITS SERVICES. PART I, LINE 33: REVENUE NOT REPORTED FOR CERTAIN CONTRIBUTIONS - THE COLLEGE DOES NOT BOOK REVENUE (OR ASSIGNS A NOMINAL VALUE OF $1) FOR GIFTS OF ART, BOOKS, MUSIC EQUIPMENT, AND CERTAIN OTHER ASSETS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERMIT THE COLLEGE TO NOT RECOGNIZE REVENUE FOR ART. CERTAIN OTHER ASSETS THAT HAVE BEEN DONATED HAVE A SMALL VALUE AND THEREFORE ARE RECORDED AT $1 FOR TRACKING PURPOSES. PART III, LINE 1 - ORGANIZATION'S MISSION: OUR MISSION: AT KENYON, WE BUILD STRONG FOUNDATIONS FOR LIVES OF PURPOSE AND CONSEQUENCE. WE HARNESS THE TRANSFORMATIVE POWER OF A LIBERAL ARTS EDUCATION ENGAGING IN SPIRITED, INFORMED, AND COLLABORATIVE INQUIRY TO FORM A DEEPER, MORE NUANCED UNDERSTANDING OF THE WORLD AND ALL WHO INHABIT IT. OUR VALUES: INTELLECTUAL EMPOWERMENT AND CREATIVITY: WE CULTIVATE INTELLECTUAL COURAGE AND HUMILITY IN EQUAL MEASURE. WE CONFRONT ENDURING AND EMERGING QUESTIONS WITH HONESTY AND IMAGINATION. IN THE TRADITION OF THE LIBERAL ARTS, WE SEEK GREATER SELF-AWARENESS AND EQUIP OURSELVES TO LEARN FOR A LIFETIME. EMBRACING DIFFERENCES: WE COMMIT TO ENGAGING A WIDE RANGE OF VIEWPOINTS, DEVELOPING COMPASSIONATE THINKERS WHO VALUE AND EMBRACE DIVERSE CULTURES AND IDENTITIES. WE BELIEVE EQUITABLE ACCESS TO OPPORTUNITY IS ESSENTIAL TO FOSTERING A COMMUNITY IN WHICH EVERY PERSON HAS A SENSE OF FULL BELONGING AND THE TOOLS TO REACH THEIR FULL POTENTIAL. KINDNESS, RESPECT, AND INTEGRITY: WE TREAT ONE ANOTHER WITH RESPECT AND KINDNESS, SPEAKING WITH SINCERITY AND ACTING WITH INTEGRITY, FOR WE RECOGNIZE THE FUNDAMENTAL DIGNITY OF ALL. THIS UNIFIES US ACROSS OUR BACKGROUNDS, IDENTITIES, AND POSITIONS. PRACTICING THESE CHALLENGING IDEALS CONNECTS US TO THE BEST PARTS OF WHAT MAKES US HUMAN. WE SUPPORT A CULTURE IN WHICH WE CONTRIBUTE TO THE WELL-BEING OF OTHERS WHILE WE ALSO CARE FOR OURSELVES. ENDURING CONNECTIONS TO PEOPLE AND PLACE: OUR RESIDENTIAL ENVIRONMENT PROMOTES RICH COLLABORATIONS AND LIFELONG CONNECTIONS. WE FORM A CLOSE-KNIT AND LASTING COMMUNITY WITH STRONG TIES TO THE VILLAGE, COUNTY, NATION, AND WORLD. OUR NATURAL SETTING SHAPES THE WAY WE LEARN AND LIVE, AND WE RECOGNIZE OUR VITAL ROLE IN STEWARDING THE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - THE BOARD HAS DELEGATED THE REVIEW AND APPROVAL OF FORM 990 TO THE AUDIT AND RISK AUDIT COMMITTEE. THE REVIEW IS CONDUCTED WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY - THE COLLEGE HAS DISTRIBUTED FORM 990 TO THE FULL BOARD OF TRUSTEES WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF SCHEDULE B'S PRIVATE AND CONFIDENTIAL NATURE, THE BOARD HAS DELEGATED THE AUTHORITY AND RESPONSIBILITY FOR REVIEWING THAT SCHEDULE TO THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT AND RISK COMMITTEE ON BEHALF OF THE FULL BOARD. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A EVEN THOUGH A COPY OF FORM 990 (WITH REDACTED DONOR INFORMATION ON SCHEDULE B) WAS PROVIDED TO THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE COLLEGE'S CONFLICT POLICY IS DISTRIBUTED AT THE FALL MEETING OF THE BOARD OF TRUSTEES. ANNUALLY, OFFICERS AND TRUSTEES ARE ASKED TO DISCLOSE CONFLICTS, AND THESE DISCLOSURES ARE MONITORED. IF A CONFLICT ARISES, THE PERSON IS NOT PERMITTED TO VOTE OR PARTICIPATE IN THE DISCUSSION OF THE PROPOSED TRANSACTION. PEOPLE WHO ARE INDEPENDENT OF THE INDIVIDUAL MAKE THE DECISION ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 REVIEW AND APPROVAL OF COMPENSATION - COMPARABILITY SALARY STUDIES FROM PEER INSTITUTIONS ARE PERFORMED FOR THE COLLEGE'S PRESIDENT AND FOR MEMBERS OF SENIOR STAFF. RECOMMENDATIONS ARE PRESENTED TO AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE TRUSTEES ARE INDEPENDENT OF THE INDIVIDUALS FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. THE DELIBERATIONS AND DECISIONS OF THE EXECUTIVE COMMITTEE ARE NOTED IN THE COMMITTEE'S MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP OBLIGATION 410,394. LOSS ON EXTINGUISHMENT OF DEBT -750,408. 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