2024-05-13T14:18:04+00:00 2023-06-30 390859910 Baker Tilly US LLP 1570 Fruitville Pike Suite 400 Lancaster PA 17601 990 2022-07-01 340714654 The College of Wooster COLL 3302632321 1101 N Bever Street Wooster OH 44691 John DAVID JONES VP FOR FINANCE & BUSINESS 3302632321 2024-05-13 true John David Jones 999009999 Kerri N Bogda CPA P00760402 7177404863 2024-05-09 2022 2023-04-26 12:10:37Z Anne McCall 1101 N Bever Street Wooster OH 44691 207663821 false X www.wooster.edu X 1866 OH THE COLLEGE OF WOOSTER IS A COMMUNITY OF INDEPENDENT MINDS, WORKING TOGETHER TO PREPARE STUDENTS TO BECOME LEADERS OF CHARACTER AND INFLUENCE IN AN INTERDEPENDENT GLOBAL COMMUNITY. 40 39 2021 1936 246821 221239 17591180 13893678 132997433 139277564 31300934 9584149 -5315412 931458 176574135 163686849 71052389 74744843 0 59828437 54736325 22000 28000 3728958 40502177 55283492 171405003 184792660 5169132 -21105811 637823534 657612885 79698938 83648416 558124596 573964469 X The college of Wooster is a community of independent minds, working together to prepare students to become leaders of character and influence in an interdependent global community. We engage motivated students in a rigorous and dynamic liberal arts education. Mentored by a faculty nationally recognized for excellence in teaching, Wooster graduates are creative and independent thinkers with exceptional abilities to ask important questions, research complex issues, solve problems, and communicate new knowledge and insight. false false 104972697 71771349 109573231 INSTRUCTION - THE COLLEGE OF WOOSTER IS A LIBERAL ARTS INSTITUTION THAT ENGAGES MOTIVATED STUDENTS IN A RIGOROUS AND DYNAMIC LIBERAL ARTS EDUCATION. STUDENTS ARE MENTORED BY A FACULTY NATIONALLY RECOGNIZED FOR EXCELLENCE IN TEACHING. WOOSTER GRADUATES ARE CREATIVE AND INDEPENDENT THINKERS WITH EXCEPTIONAL ABILITIES TO ASK IMPORTANT QUESTIONS, RESEARCH COMPLEX ISSUES, SOLVE PROBLEMS, AND COMMUNICATE NEW KNOWLEDGE AND INSIGHT. THE COLLEGE OF WOOSTER AWARDED SCHOLARSHIPS TO 2,017 UNDERGRADUATE STUDENTS, AVERAGING $36,529 PER STUDENT, TO ASSIST IN MEETING CALCULATED FINANCIAL NEED. 24758024 2063916 1291526 STUDENT SERVICES - THE COLLEGE OF WOOSTER IS COMMITTED TO NURTURING THE HOLISTIC GROWTH AND DEVELOPMENT OF STUDENTS BY PROVIDING MEANINGFUL EXPERIENCES THAT CULTIVATE LEADERSHIP, SOCIAL ENGAGEMENT, MULTI-CULTURAL INTERACTIONS AND COMMUNITY BUILDING. WITH 125 STUDENT ORGANIZATIONS AND 23 ATHLETIC TEAMS, THE COLLEGE OFFERS A DIVERSE ARRAY OF OPPORTUNITIES THAT REFLECT THE WIDE RANGE OF STUDENT INTERESTS, IDEAS, HOBBIES, AND PASSIONS. 24271791 0 26016443 AUXILIARY SERVICE - THE COLLEGE OF WOOSTER IS A RESIDENTIAL CAMPUS WITH OVER 99% OF ENROLLED STUDENTS RESIDING IN A RESIDENCE HALL OR PROGRAM HOUSE. THE OFFICE OF RESIDENCE LIFE OVERSEES 14 RESIDENCE HALLS AND 25 PROGRAM HOUSES. STUDENTS HAVE VARIOUS THEME OPTIONS AVAILABLE INCLUDING CROSS CULTURAL LEARNING EXPERIENCES, LUCE LANGUAGE SUITES, INDEPENDENT SENIOR HOUSING, AND GREEK HOUSING. 13917447 909578 1798732 OTHER PROGRAM SERVICES: RESEARCH PROGRAMS, PUBLIC & ACADEMIC SUPPORT 13917447 909578 1798732 167919959 true true false false false false true false true true true false false true true false true true false true false true true false false false true true true true false false false false false false false false false false true true false false true true true false false false true 1990 0 2021 true true true false false false false false false false false false false false X 40 39 false false false false false false false true true false false true true true true true true true true false CO FL GA AL KY ME MD MA MI NY OH OK WA X Eileen Walker 3302632018 1101 N Bever Street Wooster OH 44691 Sally J Staley Board Chair/Trustee 8.0 X X 0 0 0 Thomas R Gibian Vice Chair/Trustee 5.0 X X 0 0 0 Wayne P Webster Interim President 60.0 X X 288691 0 55775 Anne T Wilson Trustee 2.0 X 0 0 0 Bernice L Walker Trustee 2.0 X 0 0 0 Christopher C Causey Trustee/Comm Chair 5.0 X 0 0 0 David A Rice Trustee 2.0 X 0 0 0 Diane H Frankle Trustee/Comm Chair 5.0 X 0 0 0 Donald R Frederico Trustee 2.0 X 0 0 0 Doon A Foster Trustee 2.0 X 0 0 0 James DeRose Trustee 2.0 X 0 0 0 Jayne H Chambers Trustee 2.0 X 0 0 0 Jennifer E Saliers Trustee/Vice Chair 4.0 X 0 0 0 John H Hemann Trustee/Vice Chair 4.0 X 0 0 0 John W Kneen Trustee/Vice Chair 4.0 X 0 0 0 John Wilson Trustee/Vice Chair 4.0 X 0 0 0 Julia H Klein Trustee 2.0 X 0 0 0 Kenneth E Aldridge Trustee/Vice Chair 4.0 X 0 0 0 Latrice Burks Trustee 2.0 X 0 0 0 Lisa Skeens Alumni Trustee 2.0 X 0 0 0 Margaux Day Alumni Trustee/Comm Chair 5.0 X 0 0 0 Marianne M Sprague Trustee 2.0 X 0 0 0 Marilynn K Duker Trustee 2.0 X 0 0 0 Marjan Khazra Trustee 2.0 X 0 0 0 Mark D Goodman Trustee/Comm Chair 5.0 X 0 0 0 Mark M Dowley Trustee 2.0 X 0 0 0 Mary Beidler Gearen Alumni Trustee 2.0 X 0 0 0 Meret Nahas Alumni Trustee 2.0 X 0 0 0 Michael R Lauber Trustee 2.0 X 0 0 0 Peter E Sundman Trustee 2.0 X 0 0 0 Richard A Bowers Trustee 2.0 X 0 0 0 Richard J Bell Trustee 2.0 X 0 0 0 Robert M Tull Trustee/Comm Chair 5.0 X 0 0 0 Robin Harbage Trustee 2.0 X 0 0 0 Ronald Wilcox Trustee 2.0 X 0 0 0 Roy Reese Trustee 2.0 X 0 0 0 Sandeep Bhatia Alumni Trustee 2.0 X 0 0 0 Stephen C Gault Trustee 2.0 X 0 0 0 Walter D Bay Trustee 2.0 X 0 0 0 William V Andrew Trustee/Comm Chair 5.0 X 0 0 0 Carolyn Ciriegio Interim VP Advancement 60.0 X 172882 0 21115 Chery Nunez VP Equity, Inclusion, Diversity 60.0 X 154154 0 21196 Clifton R Bobbitt Interim VP, Student Affairs 60.0 X 127956 0 39223 Ellen A Falduto Chief Info & Planning Officer 40.0 X 143724 0 27425 James E Prince Vice President & Treasurer 60.0 X 264657 0 26536 Jennifer D Winge VP of Enrollment 60.0 X 195060 0 48790 Lisa Perfetti Provost 60.0 X 184140 0 45233 Melissa Anderson Sec of College/VP Marketing 60.0 X 178121 0 26592 Gail M Phoenix AVP, Human Resources 40.0 X 147662 0 18350 Leslie Wingard Dean, Faculty Development 40.0 X 130684 0 22685 Madonna J Hettinger Professor - History 40.0 X 138584 0 31741 Mark A Wilson Geology - Professor 40.0 X 137504 0 34737 Michael A Taylor AVP for Facilities, Design & Cons 40.0 X 131782 0 22305 Myrna Y Hernandez Former VP Student Affairs/Dean of Students 0.0 X 121995 0 13628 Sarah Bolton Former President(Term Ends June 30, 2022) 0.0 X 273764 0 29936 2791360 0 485267 39 true true false BOGNER CORPORATION PO BOX 422 WOOSTER OH 44691 CONSTRUCTION/ PROJECT RELATED 18669342 CREATIVE DINING SERVICES INC 1 Royal Park Drive Suite 3 Zeeland MI 49464 FOOD SERVICES PROVIDER 4425167 SITE TECHNOLOGY INC 786 Seasons Road STOW OH 44224 TENNIS COURT CONSTRUCTION 1539000 ENCORE ONE LLC 65 Kingston Avenue COLUMBUS OH 43207 CUSTODIAL SERVICES 869250 BERGMEYER ASSOCIATES 51 Sleeper Street SUITE 600 BOSTON MA 02210 ARCHITECT SERVICES 669705 25 7000 37647 2107016 11742015 1855947 13893678 TUITION AND FEES 900099 109530702 109530702 ROOM & BOARD 721000 25815838 25815838 STUDENT AUXILIARY SERVICES 451211 798237 200605 597632 STUDENT SERVICES 900099 1684855 1684855 COMMUNITY EVENTS 900099 625199 625199 822733 822733 0 0 139277564 2878863 2878863 51183 51183 19800 57437 -37637 0 -37637 -37637 50607411 17410 43697783 221752 6909628 -204342 6705286 6705286 Partnership Income (Loss) 900099 917912 246821 671091 0 0 0 0 917912 163686849 138679932 246821 10866418 744306 744306 72484709 72484709 1515828 1515828 2368033 1010477 1032847 324709 35913824 31770214 2652044 1491566 3049087 2653747 269330 126010 10778968 9468796 652009 658163 2626413 2254277 246742 125394 1369607 64081 1305526 245832 245832 28000 28000 2508041 2508041 12928695 11970299 855029 103367 290221 75219 202306 12696 2722522 2216259 314875 191388 1802379 1189964 497711 114704 54464 54464 3824979 3726179 63105 35695 2432487 2049321 193915 189251 636796 525274 86589 24933 2326780 2300500 25043 1237 9688913 9526344 91679 70890 41445 40492 514 439 Equipment Rental & Maintenance 4409622 4240754 136890 31978 Equipment Purchases 3711723 3562509 145706 3508 Off Campus Programs 1694408 1694408 Library Materials 1108120 1108120 3486458 1673418 1618010 195030 184792660 167919959 13143743 3728958 4482015 1931538 20969021 18643571 1290347 1155254 0 0 315382 255051 563024 489144 4269543 2706285 340996555 152204751 180371724 188791804 117725937 97289609 299701917 337181419 982000 662142 7152624 8507068 637823534 657612885 11353796 11496693 1294517 1284531 50734694 56792128 0 16315931 14075064 79698938 83648416 X 275032143 304614468 283092453 269350001 558124596 573964469 637823534 657612885 X -21105811 34182940 2762744 X false true X true true true X 21389700 22476174 30725530 17591180 13893678 106076262 0 0 21389700 22476174 30725530 17591180 13893678 106076262 23707046 82369216 4776350 6364583 6542251 1923215 2949846 22556245 0 0 0 0 0 0 0 128632507 635868818 0.6403 0.664 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 449754 X X X false 374948188 2569747 39957133 22004259 395470809 431210227 3927424 -43888320 16301143 374948188 332606033 5193779 109461622 16051207 431210227 328921123 6600392 12459898 15375380 332606033 320178080 8605123 15389256 15251336 328921123 0.3924 0.4273 0.1803 false false 2739661 2739661 407314 138562985 62813163 76157136 23298 150937183 56067030 94893451 32304268 24636258 7668010 16021846 8688300 7333546 188791804 PARTNERSHIPS 337181419 F 337181419 ADVANCES FROM GOVERNMENT FOR STUDENT LOANS 878139 ACCRUED CHARITABLE GIFT ANNUITIY AND TRUST OBLIGATIONS 5501591 ASSET RETIREMENT OBLIGATION 2214997 ACCRUED POSTRETIREMENT BENEFIT OBLIGATION 4249277 LEASE LIABILITY 1231060 14075064 X 123342961 34182940 2762744 36945684 86397277 77289572 77289572 163686849 107503088 57437 57437 107445651 77347009 77347009 184792660 Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLEGE'S COLLECTION INCLUDES CONTEMPORARY ART, ANCIENT POTTERY, ETHNOGRAPHIC MATERIALS, RARE BOOKS, GEOLOGICAL ROCKS, BIOLOGICAL SPECIMENS AND HISTORICAL ITEMS. THESE ITEMS ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC INQUIRY AND PUBLIC EXHIBITION. Schedule D, Part V, Line 4 Intended uses of endowment funds THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,340 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). IN ACCORDANCE WITH GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE COLLEGE HAS INTERPRETED OHIO'S ENACTED VERSION OF UPMIFA AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE ABSENT EXPLICIT DONOR INSTRUCTIONS TO THE CONTRARY. THE COLLEGE CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL GIFT VALUE PLUS THE VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT. THE PERMANENT ENDOWMENT IS NOT REDUCED BY LOSSES ON THE INVESTMENTS, EXCEPT TO THE EXTENT REQUIRED BY THE DONOR, OR BY APPROPRIATIONS FROM THE ENDOWMENT FUND. THE ACCUMULATED PORTION OF A DONOR-RESTRICTED FUND THAT IS NOT PERMANENTLY RESTRICTED IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL APPROPRIATED FOR EXPENDITURE BY THE COLLEGE IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY OHIO'S ENACTED VERSION OF UPMIFA. APPROPRIATIONS FROM THE ENDOWMENT ARE USED TO SUPPORT SCHOLARSHIPS AND LOANS, FACULTY AND ACADEMIC PROGRAM SUPPORT, STUDENT AWARDS AND PRIZES, AND THE GENERAL OPERATIONS OF THE COLLEGE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE COLLEGE QUALIFIES AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, THE COLLEGE IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES EXCEPT FOR AMOUNTS DERIVED FROM UNRELATED BUSINESS ACTIVITIES AS DEFINED BY THE IRC. The College follows guidance on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the College may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the College, the continued tax-exempt status of bonds issued by the College, and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. At June 30, 2023 and 2022, there were no unrecognized tax benefits identified or recorded as liabilities. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in value of split interest agreements - 50609 Change in value of trusts held by others - 1388756 Asset retirement obligation - -14750 Postretirement liability related changes - 1338129 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Institutional financial aid - 73624514 Investment Management Fees - 3722495 Rental Expense - -57437 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 57437 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Institutional financial aid - 73624514 Investment Management Fees - 3722495 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE COLLEGE IS IN COMPLIANCE WITH REV. PROC. 75-50. THE COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN DOCUMENTS USED FOR FINANCIAL AID, ADMISSIONS, AND STUDENT PROGRAMS, AND HAS THE POLICY POSTED ON ITS WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE COLLEGE PARTICIPATES IN VARIOUS FEDERAL STUDENT ASSISTANCE PROGRAMS INCLUDING PERKINS LOANS, PELL GRANTS, AND WORK STUDY ARRANGEMENTS. true Central America and the Caribbean 0 0 Investments 181615608 Central America and the Caribbean 0 0 Grantmaking 19250 Central America and the Caribbean 0 0 Program Services Research 38916 Central America and the Caribbean 0 0 Program Services Academic Support 3868 Central America and the Caribbean 0 0 Program Services Student Services 6187 Central America and the Caribbean 0 0 Conference Travel 1500 Central America and the Caribbean 0 0 Speaking engagements 1131 East Asia and the Pacific 0 0 Grantmaking 169713 East Asia and the Pacific 0 0 Conference Travel 4968 East Asia and the Pacific 0 0 Program Services Research 9423 East Asia and the Pacific 0 0 Investments 5278992 Europe (Including Iceland and Greenland) 0 0 Grantmaking 1108065 Europe (Including Iceland and Greenland) 0 0 Speaking engagements 250 Europe (Including Iceland and Greenland) 0 0 Program Services Academic Support 226962 Europe (Including Iceland and Greenland) 0 0 Program Services Research 48886 Europe (Including Iceland and Greenland) 0 0 Program Services Student Services 145117 Europe (Including Iceland and Greenland) 0 0 Conference Travel 24632 Middle East and North Africa 0 0 Conference Travel 1746 Middle East and North Africa 0 0 Grantmaking 75375 Middle East and North Africa 0 0 Program Services Research 3469 North America (Canada & Mexico only) 0 0 Conference Travel 11869 North America (Canada & Mexico only) 0 0 Program Services Academic Support 4478 North America (Canada & Mexico only) 0 0 Program Services Research 3709 North America (Canada & Mexico only) 0 0 Program Services Student Services 6504 North America (Canada & Mexico only) 0 0 Speaking engagements 1975 South America 0 0 Grantmaking 126925 South America 0 0 Program Services Academic Support 9170 South America 0 0 Program Services Student Services 5708 South America 0 0 Speaking engagements 651 South Asia 0 0 Program Services Student Services 12211 South Asia 0 0 Program Services Research 3199 Sub-Saharan Africa 0 0 Conference Travel 6792 Sub-Saharan Africa 0 0 Grantmaking 16500 Sub-Saharan Africa 0 0 Program Services Research 4545 Sub-Saharan Africa 0 0 Program Services Academic Support 129 0 0 0 0 0 0 188678836 319587 188998423 Scholarships for Tuition & Fees Central America and the Caribbean 1 19250 Credit to Student Account 0 Scholarships for Tuition & Fees East Asia and the Pacific 10 169713 Credit to Student Account 0 Scholarships for Tuition & Fees Europe (Including Iceland and Greenland) 58 1108065 Credit to Student Account 0 Scholarships for Tuition & Fees Middle East and North Africa 3 75375 Credit to Student Account 0 Scholarships for Tuition & Fees South America 7 126925 Credit to Student Account 0 Scholarships for Tuition & Fees Sub-Saharan Africa 1 16500 Credit to Student Account 0 true true false true true Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds THE COLLEGE FOLLOWS FEDERAL, STATE, DONOR, AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES, AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING THE SELECTION CRITERIA, RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS, AND/OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash,Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual SOUTH AMERICA -Accrual SUB-SAHARAN AFRICA -Accrual X X X X X X X true WASHBURN & MCGOLDRICK 24 N Bryn Mawr Avenue 252 BRYN MAWR PA 12110 Fundraising/campaign counsel false 0 28000 -28000 0 28000 -28000 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY true Shift Design Inc 3121 Dauphine Street New Orleans LA 70117 300718529 520940 Services performed as part of grant-funded project Northeastern University 360 Huntington Avenue Boston MA 02115 041679980 501 (c) (3) 200000 Services performed as part of grant-funded project Ashesi University Foundation 1414 31st Street Seattle WA 98144 911997089 501 (c) (3) 15000 Academic Support for Wooster/Ashesi program Great Decisions of Wayne County Inc 129 Kauke Hall Wooster OH 44691 300085518 501 (c) (3) 6000 Student Educational Support - Lecture Series Sponsored by The College of Wooster 3 1 Scholarships for Tuition & Fees 1926 72158638 0 Scholarships for Tuition & Fees 8 0 1154 FMV Medical Scholarships for Tuition & Fees 3 0 3610 FMV Travel Prizes, Academic Achievement & Contests 5 0 169 FMV Books Prizes, Academic Achievement & Contests 17 0 5167 FMV Supplies Prizes, Academic Achievement & Contests 1 0 1923 FMV Travel Student Research 16 0 3548 FMV Conference Student Research 46 0 30850 FMV Supplies Student Research 19 0 26170 FMV Travel Prizes, Academic Achievement & Contests 152 69691 0 Vocational Grant 124 183789 0 Schedule I, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS THE COLLEGE FOLLOWS FEDERAL, STATE, DONOR, AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES, AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING THE SELECTION CRITERIA, RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY. BEFORE PAYING GRANTS TO OTHER ENTITIES, THE COLLEGE OBTAINS DOCUMENTATION SHOWING THE RECIPIENT IS ELIGIBLE TO RECEIVE DEDUCTIBLE CHARITABLE CONTRIBUTIONS. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS, AND/OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The college diligently adheres to federal, state, donor and institutional regulations when assessing eligibility for scholarships, prizes and grants. The college maintains comprehensive records detailing selection criteria, recipient qualifications, fund utilization guidelines, and any relevant affiliations. Prior to disbursing grants to external entities, the college meticulously verifies the recipients' eligibility for tax-deductible charitable contributions. Grants distributed by the office of financial aid are promptly credited to student accounts, simplifying the process for recipients. For other grants, the college employs various monitoring techniques, including reimbursing only verified expenses, mandating written progress reports and conducting on-site visits to assess the activities funded by the grants. This rigorous oversight ensures the responsible and effective use of college grants. X X X true true X X X X X false false false false false false false false false Wayne P Webster Interim President 288157 0 0 0 534 0 28752 0 27023 0 344466 0 0 0 James E Prince Vice President & Treasurer 258021 0 0 0 6636 0 25840 0 696 0 291193 0 0 0 Jennifer D Winge VP of Enrollment 194409 0 0 0 651 0 24685 0 24105 0 243850 0 0 0 Lisa Perfetti Provost 182327 0 0 0 1813 0 20052 0 25181 0 229373 0 0 0 Melissa Anderson Sec of College/VP Marketing 177763 0 0 0 358 0 18264 0 8328 0 204713 0 0 0 Carolyn Ciriegio Interim VP Advancement 172583 0 0 0 299 0 20710 0 405 0 193997 0 0 0 Clifton R Bobbitt Interim VP, Student Affairs 127591 0 0 0 365 0 14042 0 25181 0 167179 0 0 0 Chery Nunez VP Equity, Inclusion, Diversity 151955 0 0 0 2199 0 14377 0 6819 0 175350 0 0 0 Ellen A Falduto Chief Info & Planning Officer 141777 0 0 0 1947 0 17675 0 9750 0 171149 0 0 0 Gail M Phoenix AVP, Human Resources 146699 0 0 0 963 0 842 0 17508 0 166012 0 0 0 Madonna J Hettinger Professor - History 135898 0 0 0 2686 0 13936 0 17805 0 170325 0 0 0 Mark A Wilson Geology - Professor 134105 0 0 0 3399 0 16812 0 17925 0 172241 0 0 0 Michael A Taylor AVP for Facilities, Design & Cons 130650 0 0 0 1132 0 13437 0 8868 0 154087 0 0 0 Leslie Wingard Dean, Faculty Development 130393 0 0 0 291 0 14254 0 8431 0 153369 0 0 0 Sarah Bolton Former President(Term Ends June 30, 2022) 272603 0 0 0 1161 0 20910 0 9026 0 303700 0 0 0 Myrna Y Hernandez Former VP Student Affairs/Dean of Students 121542 0 0 0 453 0 9435 0 4193 0 135623 0 0 0 Schedule J, Part I, Line 1a Travel for companions ON OCCASION, IT IS AN APPROPRIATE PART OF COLLEGE ACTIVITIES (INCLUDING FUNDRAISING) FOR THE PRESIDENT'S SPOUSE TO ACCOMPANY HER ON TRIPS. THESE ARE NOT FREQUENT, ARE RELATED TO THE EXEMPT PURPOSE OF THE COLLEGE AND ARE NOT TREATED AS TAXABLE INCOME. Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A COLLEGE-PROVIDED HOUSE ON CAMPUS. THE HOUSE IS USED SUBSTANTIALLY FOR COLLEGE-RELATED PURPOSES INCLUDING MEETINGS AND MEALS WITH STUDENTS AND FACULTY, MEETINGS AND MEALS WITH ALUMNI AND DONORS, AND OTHER SIMILAR EVENTS. NONE OF THIS BENEFIT WAS TREATED AS TAXABLE INCOME TO THE PRESIDENT, HOWEVER, THE RENTAL FOR THE PERSONAL PORTION OF THE HOUSE (APPROXIMATELY $42,000) IS TREATED AS A NON-TAXABLE BENEFIT. During FY2023 the Interim President chose not to live in the college provided house, but only use it for limited events, due to his proximity to the campus. For this reason, there was no housing benefits included in his non-taxable benefits. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE COLLEGE PAYS A PORTION OF COUNTRY CLUB DUES FOR THE VICE PRESIDENT FOR ADVANCEMENT. THIS MEMBERSHIP IS MAINTAINED SO THE COUNTRY CLUB CAN BE USED SOLELY FOR COLLEGE EVENTS AND THE PAYMENT IS NOT CONSIDERED TAXABLE COMPENSATION. A B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AGC2 2012-05-30 9182102 EDUCATIONAL FACILITIES false false false B D OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2018-11-15 32802300 EDUCATIONAL FACILITIES false false false C E OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 2020-10-27 5150450 Refund prior tax-exempt bonds issued in 2010. false false false D F Ohio Higher Educational Facility Commission 346849674 2021-05-14 22000000 Bridge Draw Loan Renovation of Student Center, which will ultimately be repaid with pledged gifts false false false A 4245000 0 9182102 0 0 0 182416 0 0 5000000 3999686 0 2013 false true true true B 0 0 32802300 0 3317240 0 329675 0 0 18971315 0 10184070 2022 false false false true C 692635 0 5150450 0 0 0 115753 0 0 0 5034697 0 2011 true false true true D 0 0 22000000 0 0 0 139000 0 0 16161000 0 5700000 2023 false false false true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true D false false false false 0.0 0.0 0.0 false false true A false false true false false false false false true B false true false false false false false false true C false false true false false false false false true D false true false false true false false false true A true B true C true D true Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: B. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: D. OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: E. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: F. Ohio Higher Educational Facility Commission N/A X 38 1855943 Other - NYSE X Building Materials for project 1 1 Other X Food for Fundraising Event 1 1 Other X Trees 1 1 Other X Travel 1 1 Other 0 false true false Schedule M, Part I Column (b) THE NUMBERS LISTED ON COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS WHO GIFTED THE NON-CASH DONATIONS TO THE ORGANIZATION. PER POLICY, THE DONATIONS OF ITEMS THAT ARE NOT MATERIAL ARE REPORTED AT $1. Form 990, Part III, Line 4d Description of other program services (Expenses $ 13,917,447 including grants of $ 909,578)(Revenue $ 1,798,732) OTHER PROGRAM SERVICES: RESEARCH PROGRAMS, PUBLIC & ACADEMIC SUPPORT Form 990, Part VI, Line 18 THE COLLEGE FILED ITS FORM 1023 BEFORE JULY 15, 1987 AND DOES NOT HAVE A COPY OF THIS FILING AS OF THE FILING OF THIS RETURN. UNDER THE REGULATIONS OF THE INTERNAL REVENUE CODE, THE COLLEGE IS NOT REQUIRED TO MAKE ITS FORM 1023 AVAILABLE FOR PUBLIC INSPECTION. FORM 990 AND 990T FROM THE MOST RECENT THREE YEARS ARE AVAILABLE UPON REQUEST IN ACCORDANCE WITH IRC SECTION 6104(D). Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY AND AUTHORITY FOR REVIEW OF THE FORM 990 TO THE AUDIT & RISK COMMITTEE. THE AUDIT & RISK COMMITTEE, WITH THE ASSISTANCE OF THE INDEPENDENT PUBLIC ACCOUNTING FIRM, REVIEWS AND APPROVES THE FORM 990 BEFORE SUBMISSION TO THE IRS. A FULL COPY OF THE 990 IS PROVIDED TO ALL TRUSTEES PRIOR TO FILING THE FORM WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE COLLEGE RESPECTS THE RIGHT OF ITS TRUSTEES, OFFICERS, FACULTY AND STAFF MEMBERS TO ENGAGE IN OUTSIDE BUSINESS, FINANCIAL, SERVICE, AND/OR OTHER ACTIVITIES, RECOGNIZING THAT CONFLICTS OF INTEREST DO ARISE FROM TIME TO TIME, AND THAT THESE CONFLICTS: 1. MAY RESULT FROM THE INDIVIDUAL'S RELATIONSHIPS WITH OUTSIDE ORGANIZATIONS, PERSONS, OR CAUSES REFLECTING THE PERSON'S PROMINENCE, REPUTATION, AND INFLUENCE, AND 2. NEED NOT BE HARMFUL, AND, INDEED MAY BE FAVORABLE, TO THE COLLEGE'S INTERESTS, AS LONG AS THEY ARE DISCLOSED AND UNDERSTOOD IN THE COLLEGES DECISION-MAKING PROCESSES. SUCH REAL OR APPARENT CONFLICTS ARE NOT CONSIDERED DETRIMENTAL IF: 1. THEY ARE FULLY DISCLOSED TO THE APPROPRIATE DESIGNATED SENIOR STAFF MEMBER OR THE AUDIT & RISK COMMITTEE OF THE BOARD. 2. THEIR NATURE IS KNOWN AND UNDERSTOOD BY THE INDIVIDUAL'S IMMEDIATE SUPERVISOR AND THE APPROPRIATE SENIOR STAFF MEMBER FOR FACULTY AND STAFF EMPLOYEES, AND THE AUDIT & RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR SENIOR STAFF MEMBERS, THE PRESIDENT, AND TRUSTEES; 3. DISCLOSURE IS MADE AT THE EARLIEST PRACTICABLE TIME; 4. THE COMMITMENT OF TIME TO THESE ACTIVITIES DOES NOT INTERFERE WITH THE INDIVIDUAL'S DUTIES; 5. THE TRUSTEE OR EMPLOYEE REFRAINS FROM PARTICIPATING IN COLLEGE MATTERS RELATED TO SUCH ACTIVITIES; AND 6. THE TRUSTEE OR EMPLOYEE ALWAYS ACTS IN A MANNER THAT FOSTERS THE OBJECTIVES OF THE COLLEGE'S CORE MISSION TO PROVIDE THE BEST POSSIBLE EDUCATIONAL EXPERIENCE FOR WOOSTER'S STUDENTS, TO PROVIDE THE PROPER ENVIRONMENT FOR FACULTY TO TEACH, AND TO RESPONSIBLY STEWARD THE COLLEGE'S FINANCIAL, HUMAN, AND PHYSICAL RESOURCES. CONFLICT OF INTEREST QUESTIONNAIRES ARE COMPLETED ANNUALLY BY ALL TRUSTEES AND EACH OFFICER, SENIOR STAFF, FACULTY, AND STAFF MEMBER WHO IS CURRENTLY SERVING THE COLLEGE AND WHO HAS AUTHORITY TO REQUISITION, PURCHASE, OR CONTRACT FOR MATERIALS OR SERVICES FOR THE COLLEGE, OR HAS HAD RESPONSIBILITY FOR APPROVING THE SAME. THE CHAIR OF THE AUDIT & RISK COMMITTEE REVIEWS ALL QUESTIONNAIRES ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST POLICY IS REVIEWED BI-ANNUALLY BY THE BOARD OF TRUSTEES. THE AUDIT & RISK COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES ALL SUBSTANTIAL, ACTUAL OR POTENTIAL CONFLICTING ACTIVITIES OF THE PRESIDENT AND SENIOR STAFF MEMBERS. SENIOR STAFF MEMBERS REVIEW AND APPROVE ALL SUBSTANTIAL ACTUAL OR POTENTIAL CONFLICTING ACTIVITIES OF FACULTY AND STAFF MEMBERS. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY THE PROVOST'S OFFICE FOR FACULTY, THE APPROPRIATE VICE PRESIDENT FOR STAFF EMPLOYEES, AND BY THE AUDIT & RISK COMMITTEE FOR SENIOR STAFF MEMBERS, THE PRESIDENT, AND TRUSTEES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS SURVEYS CONDUCTED BY THE GREAT LAKES COLLEGES ASSOCIATION (GLCA) AND JOINT PAYROLL SURVEYS CONDUCTED BY THE GLCA AND ASSOCIATED COLLEGES OF THE MIDWEST (ACM). COMPENSATION ARRANGEMENTS FOR THE PRESIDENT ARE REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE. THE PRESIDENT'S COMPENSATION IS DETERMINED BASED ON REFERENCE TO THE SALARY SURVEYS AND THE PRESIDENT'S JOB PERFORMANCE. THESE RECOMMENDATIONS ARE PRESENTED TO THE FULL EXECUTIVE COMMITTEE OF THE BOARD FOR DISCUSSION AND APPROVAL. COMPENSATION DECISIONS MADE BY THE COMPENSATION COMMITTEE AFFECTING THE PRESIDENT ARE REPORTED TO THE FULL BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS SURVEYS CONDUCTED BY THE GREAT LAKES COLLEGES ASSOCIATION (GLCA) AND JOINT PAYROLL SURVEYS CONDUCTED BY THE GLCA AND ASSOCIATED COLLEGES OF THE MIDWEST (ACM). RECOMMENDED COMPENSATION ARRANGEMENTS FOR SENIOR OFFICERS AND STAFF ARE DEVELOPED BY THE PRESIDENT IN CONSULTATION WITH THE CHAIRMAN OF THE BOARD AND ARE BASED ON THE ABOVE MENTIONED SALARY SURVEYS, JOB PERFORMANCE, AND EXPERIENCE IN THE POSITION. THESE RECOMMENDATIONS ARE PRESENTED TO THE FULL EXECUTIVE COMMITTEE OF THE BOARD FOR DISCUSSION AND APPROVAL. COMPENSATION DECISIONS MADE BY THE COMPENSATION COMMITTEE AFFECTING SENIOR OFFICERS ARE REPORTED TO THE FULL BOARD OF TRUSTEES. Form 990, Part VI, Line 19 Required documents available to the public THE COLLEGE POSTS ITS AUDITED FINANCIAL STATEMENTS ON THE COLLEGE WEB SITE (WWW.WOOSTER.EDU). FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST FOR THE PAST THREE YEARS IN ACCORDANCE WITH IRC Section 6104(D). THE COLLEGE ALSO MAKES ITS GOVERNING DOCUMENTS AND CONFILICT OF INTEREST POLICY AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Revenue - Total Revenue: 822733, Related or Exempt Function Revenue: 822733, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 50609; CHANGE IN VALUE OF TRUSTS HELD BY OTHERS - 1388756; POSTRETIREMENT LIABILITY RELATED CHANGES - 1338129; ASSET RETIREMENT OBLIGATION - -14750; Schedule F, Part IV Lines 1, 3, 5: the organization had transfers to foreign corporations in the current fiscal year which met the thresholds for filing forms 926. Forms 926 are attached to this return as required. The organization had investments in foreign corporations but did not meet the threshold for filing form 5471. Some of these foreign corporations may be Passive Foreign Investment Corporations. The organization is not required to file Forms 8621 as the distributions were not categorized as unrelated business income. The organization had investments in foreign partnerships but did not meet thresholds for filing Forms 8865. WOOSTER TECHNOLOGY GROUP LTD 1101 N BEVER STREET WOOSTER OH 44691 263895769 HOLDS PATENTS OH 0 29861 THE COLLEGE OF WOOSTER GREAT LAKES COLLEGES ASSOCIATION INC 535 WEST WILLIAM ANN ARBOR MI 48103 381678376 EDUCATION CONSORTIUM MI 501(c)(3) Type I NA false THE FIVE COLLEGES OF OHIO 173 West Lorain Street Room 208 Oberlin OH 47074 311440434 EDUCATION CONSORTIUM OH 501(c)(3) Type I NA false Pooled Income Fund (2) Pooled Income Fund OH The College of Wooster Trust 0 0 1 true Charitable Remainder Trust (5) Charitable Trust OH The College of Wooster Trust 0 0 1 true Charitable Lead Trust (1) Charitable Trust OH The College of Wooster Trust 0 0 1 true false false true false false false false false false false false false false true true true false false false