2025-03-26T14:28:39-05:00 2024-06-30 331498605 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2023-07-01 381358014 KALAMAZOO COLLEGE KALA 2693377000 1200 ACADEMY ST KALAMAZOO MI 49006 LISA VANDEWEERT VP FOR BUSINESS AND FINANCE 2693377000 2025-03-24 1 0 DORI J EGGETT P00645252 3037409400 2025-03-24 2023 2025-03-06 01:10:19Z JORGE G GONZALEZ 1200 ACADEMY ST KALAMAZOO MI 49006 157797446 0 X WWW.KZOO.EDU X 1833 MI THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. 28 27 1347 70 -63015 59250 15517192 42028383 90388726 92798709 17056582 7953802 316700 319388 123279200 143100282 54042530 58122448 0 0 37491378 37679434 54527 0 3440603 27701945 32771261 119290380 128573143 3988820 14527139 413740172 450305910 63221346 60671096 350518826 389634814 X THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. AS A HIGHLY SELECTIVE, NATIONALLY RENOWNED AND INTERNATIONALLY ORIENTED WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. 0 0 103830942 58122448 92704352 HIGHER EDUCATION: THE MISSION OF KALAMAZOO COLLEGE IS TO PREPARE ITS GRADUATES TO BETTER UNDERSTAND, LIVE SUCCESSFULLY WITHIN, AND PROVIDE ENLIGHTENED LEADERSHIP TO A RICHLY DIVERSE AND INCREASINGLY COMPLEX WORLD. AS A HIGHLY SELECTIVE, NATIONALLY RENOWNED AND INTERNATIONALLY ORIENTED FOUR-YEAR COLLEGE OF ARTS AND SCIENCES, KALAMAZOO COLLEGE HAS DEVELOPED A TRADITION OF EXCELLENCE IN THE FULFILLMENT OF THIS MISSION. COLLEGE ENROLLMENT FOR THE FALL QUARTER OF 2023 WAS 1,378 STUDENTS. 103830942 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 198 0 1 1347 1 1 1 1 FR GM KE SP 0 0 0 1 1 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO KY MA MD MI NH NY OH OK OR SC X LISA VANDEWEERT 2693377230 1200 ACADEMY ST KALAMAZOO MI 49006 JORGE G GONZALEZ PRESIDENT 40.00 0.00 X X 517616 0 56317 S SI JOHNSON CHAIR 2.00 0.00 X X 0 0 0 HANS P MOREFIELD TREASURER 2.00 0.00 X X 0 0 0 AMY S COURTER SECRETARY 2.00 0.00 X X 0 0 0 JODY L CLARK VICE CHAIR 2.00 0.00 X X 0 0 0 JUDITH L BOLLINGER TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE C BODUROW TRUSTEE 2.00 0.00 X 0 0 0 MARTHA CAMPBELL TRUSTEE 2.00 0.00 X 0 0 0 YOUNG-JIN L CHANG TRUSTEE 2.00 0.00 X 0 0 0 DONALD L HAFNER TRUSTEE 2.00 0.00 X 0 0 0 CHARLOTTE H HALL TRUSTEE 2.00 0.00 X 0 0 0 JAMES N HEATH TRUSTEE 2.00 0.00 X 0 0 0 EDWIN R HORTELANO TRUSTEE 2.00 0.00 X 0 0 0 TERESA L KLINE TRUSTEE 2.00 0.00 X 0 0 0 ROBERT J KOPECKY TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER U LIGHT TRUSTEE 2.00 0.00 X 0 0 0 MILO R MADOLE TRUSTEE 2.00 0.00 X 0 0 0 DONALD R PARFET TRUSTEE 2.00 0.00 X 0 0 0 GAIL A RAIMAN TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER P REYNOLDS TRUSTEE 2.00 0.00 X 0 0 0 MARY BETH SARHATT TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM R STOERI TRUSTEE 2.00 0.00 X 0 0 0 JON L STRYKER TRUSTEE 2.00 0.00 X 0 0 0 AMY E UPJOHN TRUSTEE 2.00 0.00 X 0 0 0 M ELIZABETH WASHINGTON TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH FORRESTER TRUSTEE 2.00 0.00 X 0 0 0 JOHN P JACK CLARK TRUSTEE 2.00 0.00 X 0 0 0 ELIZABETH FIATOR TRUSTEE 2.00 0.00 X 0 0 0 MIKKA DRYER ASSISTANT AND SECRETARY TO BOARD 40.00 0.00 X 37216 0 10634 KAREN ISBLE VP COLLEGE ADVANCEMENT 40.00 0.00 X 245394 0 51031 DANETTE JOHNSON PROVOST 40.00 0.00 X 202111 0 46420 MJ HUEBNER VP ADMISSION AND FINANCIAL AID 40.00 0.00 X 186414 0 28566 J MALCOLM SMITH VP FOR STUDENT DEV & DEAN OF STUDENTS 40.00 0.00 X 186650 0 44780 LISA VANDEWEERT VP FOR BUSINESS & FINANCE, ASST. TREASURER 40.00 0.00 X 225436 0 48925 MELANIE WILLIAMS ASST. AND SECRETARY TO BOARD - PART YEAR 40.00 0.00 X 62774 0 12765 TODD WATSON ASSOCIATE VICE PRESIDENT, IS CIO 40.00 0.00 X 144777 0 36783 PETER ERDI LUCE PROFESSOR COMPLEX SYSTEMS STUDIES 40.00 0.00 X 137433 0 37378 ANDY MILLER ASSOCIATE VP FOR DEVELOPMENT 40.00 0.00 X 134486 0 31388 SUSAN LINDEMANN ASSOCIATE VP FOR FACILITIES MANAGEMENT 40.00 0.00 X 125036 0 33130 ERIC BARTH ASSISTANT PROVOST AND PROFESSOR OF MATH 40.00 0.00 X 124056 0 22076 2329399 0 460193 42 0 1 0 MILLER JOHNSON 250 MONROE NW 800 CALDER PLAZA BLD GRAND RAPIDS MI 49503 LEGAL SERVICES 366280 EXPEDITED SERVICE PARTNERS 5312 N BROADWAY DENVER CO 80216 CONSTRUCTION SERVICES 365290 CAMBRIDGE ASSOCIATES 125 HIGH ST STE 1401 BOSTON MA 02110 INVESTMENT MANAGEMENT 233333 PLANTE & MORAN 26300 NORTHWESTERN HIGHWAY SUITE 1 SOUTHFIELD MI 18076 ACCOUNTING SERVICES 112650 4 20130 2501698 886745 38619810 6910488 42028383 TUITION AND FEES 611310 80389318 80389318 ROOM AND BOARD 611310 8368730 8368730 ANCILLARY SERVICES 611310 4040661 3946304 94357 92798709 1717146 -157372 1874518 138454 84695 53759 53759 53759 20502208 14265552 6236656 6236656 6236656 40077 20130 29153 10924 10924 572469 317764 254705 254705 143100282 92704352 -63015 8430562 54601766 54601766 3520682 3520682 2084402 771987 989201 323214 26360520 19351682 5032721 1976117 1713914 1306339 278946 128629 5650916 3451674 1753322 445920 1869682 1309864 403102 156716 480330 10000 470330 56200 56200 1277704 1277704 1130709 1061303 56829 12577 129289 74811 43779 10699 1410433 1016765 284842 108826 1053205 373675 679530 1368421 467065 901356 1672009 1484244 96201 91564 927228 713134 167306 46788 1700596 1681464 19132 3354330 3256035 98295 520784 11430 509354 STUDY ABROAD EXPENSES 4264219 4264219 FOOD SERVICES 3620398 3620398 OUTSIDE AND SUBCONTRACT 2032552 130501 1810440 91611 UTILITIES 1739261 1739261 6033593 1351904 4633747 47942 128573143 103830942 21301598 3440603 10018208 14325470 23502598 35765268 7440684 1828616 1984460 1359746 572827 561906 481223 852711 182173698 86066186 90605880 96107512 202205836 217503813 76928456 82000868 413740172 450305910 4123920 4483458 227966 204455 42878764 41908813 15990696 14074370 63221346 60671096 X 100003129 127851242 250515697 261783572 350518826 389634814 413740172 450305910 X 14527139 23357279 1231570 X X 0 1 X 1 1 1 X 12242337 20272592 25006983 15517192 42028383 115067487 12242337 20272592 25006983 15517192 42028383 115067487 39995573 75071914 1765806 3095904 8000704 913725 2012972 15789111 18811 4139 45474 28757 60250 157431 683618 409723 699433 662952 612546 3068272 134082301 421222023 0.55990 0.67160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 286769775 10166489 29316589 3756556 17719535 482070 304294691 261730830 10590283 28530830 3572686 10124795 384687 286769775 311232478 16058531 -52381659 3161669 9648128 368723 261730830 243580141 6321434 74077657 3038836 9250892 457026 311232478 240343608 4087497 10962257 2717301 8607968 487952 243580141 0.19118 0.53090 0.27792 0 1 1 2509450 2509450 131597717 56637944 74959773 30113174 24580632 5532542 17953357 4847610 13105747 96107512 HEDGE FUNDS 42578737 F PRIVATE EQUITY FUNDS 27178067 F CHARITABLE REMMAINDER TRUSTS & GIFTS ANNUITIES 2601814 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 9642250 F 82000868 POSTRETIREMENT BENEFIT 10691906 FEDERAL PERKINS LOANS 1815901 ANNUITIES PAYABLE 1301213 DEPOSITS AND OTHER LIABILITIES 265350 14074370 100263118 23357279 -65319196 -41961917 142225035 1277704 -402457 875247 143100282 69575450 402459 402459 69172991 1277704 58122448 59400152 128573143 PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS PROVIDE SUPPORT FOR INSTRUCTION, ACADEMIC SUPPORT DEPARTMENTS, STUDENT SERVICES, INSTITUTIONAL SUPPORT DEPARTMENTS, PHYSICAL PLANT MAINTENANCE AND IMPROVEMENTS, PUBLIC SERVICE PROGRAMS AND SCHOLARSHIPS, AS WELL AS GENERAL OPERATING SUPPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT RETURN LESS AMOUNTS DESIGNATED FOR OPERATIONS -7,206,498. FINANCIAL AID -58,122,448. UNCOLLECTIBLE PLEDGES 9,750. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES -317,764. RENTAL PROPERTY EXPENSES -84,693. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 317,764. RENTAL PROPERTY EXPENSES 84,695. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 58,122,448. PART III, LINE 1A AND LINE 4: THE COLLEGE MAINTAINS A SUBSTANTIAL COLLECTION OF ARTWORK AND RARE BOOKS FOR EDUCATIONAL PURPOSES AND PUBLIC EXHIBITION. SCHEDULE D, PART III IS NOT COMPLETED BECAUSE THE COLLECTION IS NOT CAPITALIZED AND DOES NOT MEET THE DEFINITION UNDER ASC 958 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT APPEARS IN THE COLLEGE WEBSITE: "AN EQUAL OPPORTUNITY EMPLOYER, KALAMAZOO COLLEGE IS COMMITTED TO EQUAL RIGHTS, EQUAL OPPORTUNITIES, AND EQUAL PROTECTION UNDER THE LAW. IN ADHERENCE WITH APPLICABLE LAWS, THE COLLEGE PROHIBITS DISCRIMINATION IN ITS EMPLOYMENT PRACTICES AND ITS EDUCATION PROGRAMS, ACTIVITIES, AND SERVICES ON THE BASIS OF RACE, COLOR, RELIGION, AGE, SEX, NATIONAL ORIGIN, HEIGHT, WEIGHT, MARITAL STATUS, FAMILIAL STATUS, VETERAN STATUS, GENETIC INFORMATION, DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, OR ANY OTHER STATUS PROTECTED BY APPLICABLE STATE OR FEDERAL LAW. RETALIATION AGAINST A PERSON WHO REPORTS AN ALLEGATION OF DISCRIMINATION OR WHO PARTICIPATES IN AN INVESTIGATION OR PROCEEDING RELATED TO THIS POLICY IS ALSO PROHIBITED BY LAW. SCHEDULE E, PART I, LINE 6 KALAMAZOO COLLEGE PARTICIPATES IN THE FOLLOWING CAMPUS-BASED FINANCIAL AID PROGRAMS: SEOG, AND FWSP. IN ADDITION, STUDENTS FROM THE COLLEGE ARE RECIPIENTS OF PELL GRANTS, GUARANTEED STUDENT LOANS AND PARENT LOANS. LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: CONT. KALAMAZOO COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM OUTSIDE THE KALAMAZOO COMMUNITY INCLUDING OTHER AREAS OF MICHIGAN, THE UNITED STATES, AND FOREIGN COUNTRIES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. PUBLICATION IS NOT A REQUIRED UNDER REV PROC 75-50, SECTION 4.03-2(B). 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES HIGHER EDUCATION 146744 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 1 PROGRAM SERVICES HIGHER EDUCATION 649866 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 5 7 PROGRAM SERVICES HIGHER EDUCATION 2627890 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 1 PROGRAM SERVICES HIGHER EDUCATION 65301 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 1 2 PROGRAM SERVICES HIGHER EDUCATION 388057 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 2 PROGRAM SERVICES HIGHER EDUCATION 71532 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES HIGHER EDUCATION 48380 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 60610004 9 13 0 0 9 13 64607774 0 64607774 SCHOLARSHIPS AND OTHER TUITION ASSISTANCE CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 4 272114 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 19 901832 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 22 1268698 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 3 165095 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 4 236755 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 3 144282 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 4 178809 APPLIED AGAINST TUITION CHARGES CASH SCHOLARSHIPS AND OTHER TUITION ASSISTANCE SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 5 353097 APPLIED AGAINST TUITION CHARGES CASH 1 0 1 1 1 1 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ESTABLISHED CRITERIA, INCLUDING DONOR RESTRICTIONS. SCHEDULE F, PART I, LINE THE COLLEGE INVESTS IN VARIOUS FOREIGN CORPORATIONS AND PARTNERSHIPS, BOTH DIRECTY AND THROUGH U.S. PARTNERSHIPS. HOWEVER, THE COLLEGE'S SHARE OF FOREIGN CORPORATION AND PARTNERSHIP INVESTMENTS DOES NOT EXCEED 10% AND THUS FORM 5471 OR FORM 8865 IS NOT REQUIRED. WHILE THESE INVESTMENTS MAY BE CONSIDERED PASSIVE FOREIGN INVESTMENT COMPANIES, THE COLLEGE IS NOT REQUIRED TO FILE FORM 8621 AS THE INVESTMENT INCOME IS NOT DEBT-FINANCED UNRELATED BUSINESS INCOME. THE COLLEGE FILES FORM 926 FOR TRANSFERS FOR FOREIGN CORPORATIONS DURING THE YEAR, BOTH DIRECTLY AND THROUGH U.S. PARTNERSHIPS WHEN CASH TRANSFERS EXCEED $100,000 OR WHEN OTHER TYPES OF ASSETS ARE TRANSFERRED. ZORBO MEMORIAL FOOTBALL GOLF OUTING 31950 5440 26510 3900 10604 GOLF JAMBOREE 28257 14690 13567 14649 60207 20130 40077 3900 25253 29153 10924 1 SCHOLARSHIPS 1373 54423522 SCHOLARSHIPS FOR GLCA STUDENTS 4 178244 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ESTABLISHED CRITERIA, INCLUDING DONOR RESTRICTIONS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 JORGE G GONZALEZ PRESIDENT 514686 0 0 0 2930 0 35396 0 20921 0 573933 0 0 0 KAREN ISBLE VP COLLEGE ADVANCEMENT 245136 0 0 0 258 0 25863 0 25168 0 296425 0 0 0 LISA VANDEWEERT VP FOR BUSINESS & FINANCE, ASST. TRE 225298 0 0 0 138 0 23803 0 25122 0 274361 0 0 0 DANETTE JOHNSON PROVOST 201853 0 0 0 258 0 21354 0 25066 0 248531 0 0 0 J MALCOLM SMITH VP FOR STUDENT DEV & DEAN OF STUDENT 186512 0 0 0 138 0 19750 0 25030 0 231430 0 0 0 MJ HUEBNER VP ADMISSION AND FINANCIAL AID 186156 0 0 0 258 0 19496 0 9070 0 214980 0 0 0 TODD WATSON ASSOCIATE VICE PRESIDENT, IS CIO 144639 0 0 0 138 0 15546 0 21237 0 181560 0 0 0 PETER ERDI LUCE PROFESSOR COMPLEX SYSTEMS STUDI 136197 0 0 0 1236 0 14671 0 22707 0 174811 0 0 0 ANDY MILLER ASSOCIATE VP FOR DEVELOPMENT 134396 0 0 0 90 0 14622 0 16766 0 165874 0 0 0 SUSAN LINDEMANN ASSOCIATE VP FOR FACILITIES MANAGEME 124898 0 0 0 138 0 13408 0 19722 0 158166 0 0 0 PART I, LINE 1A THE PRESIDENT'S SPOUSE ATTENDS SEMINARS ON TOPICS RELATED TO NETWORKING AND FUNDRAISING AND WORKS WITH THE PRESIDENT IN ATTENDING FUNDRAISING EVENTS WITH ALUMNI DONORS. THE COSTS ARE REIMBURSED BUSINESS EXPENSES UNDER AN ACCOUNTABLE PLAN. THE PRESIDENT IS REQUIRED TO LIVE IN HOUSING PROVIDED ON CAMPUS. THE VALUE OF THIS HOUSING IS EXCLUDED FROM TAXABLE INCOME. PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHICH PROVIDES A REPORT AND RECOMMENDATION TO THE FULL BOARD AT THE BOARD'S JUNE MEETING. AS PART OF THIS PROCESS, THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE PRESIDENT AGAINST MUTUALLY AGREED UPON GOALS. THE PRESIDENT'S COMPENSATION IS COMPARED TO A COHORT OF SIMILAR INSTITUTIONS. THE COMPENSATION COMMITTEE REVIEWS POTENTIAL CONFLICTS OF INTEREST AMONG BOARD MEMBERS WHO WILL VOTE ON THE PRESIDENT'S COMPENSATION. THE FULL BOARD THEN DELIBERATES AND VOTES ON THE COMMITTEE'S RECOMMENDATION DURING A PRIVATE SESSION OF THE BOARD. THE MINUTES OF THE BOARD OF TRUSTEES RECORD THE RECOMMENDATION AND DECISION OF THE BOARD. THE COMPENSATION COMMITTEE ALSO SUBMITS THE SUPPORTING DOCUMENTATION OF ITS REVIEW AND RECOMMENDATION FOR RETENTION IN THE BOARD'S ARCHIVES. THE BOARD'S DECISION IS INCLUDED IN A SALARY LETTER SENT TO THE PRESIDENT AND THE DIRECTOR OF HUMAN RESOURCES. SCHEDULE J, PART I, LINE 4 PRESIDENT GONZALEZ PARTICIPATED IN, OR RECEIVED PAYMENT FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND THE COLLEGE CONTRIBUTED $20,000. A MICHIGAN FINANCE AUTHORITY 800596186 594479EFO 2018-07-11 44315000 REFUNDING 2011 BOND ISSUANCE & CONSTRUCT & EQUIP ATHLETICS FACILITIES 0 0 0 A 4805000 48090861 413159 18326488 29351214 2021 1 0 1 1 A 0 0 1 1 0 0.00000 0.00500 0.00500 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MICHIGAN FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/02/2023 SCHEDULE K, PART II, LINE 3 07/11/2018 $44,315,00 MICHIGAN FINANCE AUTHORITY - INCLUDES INVESTMENT EARNINGS OF $364,186. SUZANNE GONZALEZ SPOUSE OF PRESIDENT 20000 HONORARIUM 0 X 37 6910488 AVG DAILY STOCK PRICE 0 1 0 PART I, LINE 32B: THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 33: NONCASH CONTRIBUTIONS OF PERSONAL PROPERTY VALUED AT $5,000 OR LESS ARE NOT ENTERED OR CAPITALIZED. FORM 990, PART VI, SECTION B, LINE 11B THE FORMS 990 AND 990T ARE PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. A MEETING IS CONVENED WITH THE AUDIT COMMITTEE, THE VICE PRESIDENT FOR BUSINESS AND FINANCE AND THE TAX ADVISOR TO REVIEW AND DISCUSS THE FORMS 990 AND 990T. AFTER RECEIVING THE AUDIT COMMITTEE'S APPROVAL, THE FORMS 990 AND 990T ARE PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW. THE SCHEDULE B OF CONTRIBUTORS IS NOT PROVIDED TO THE AUDIT COMMITTEE OR THE BOARD IN ORDER TO MAINTAIN THE CONFIDENTIAL IDENTITY OF DONORS THAT WISH TO REMAIN ANONYMOUS. THIS IS THE ONLY PORTION OF THE FORMS 990 AND 990-T THAT IS NOT PROVIDED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EVERY TRUSTEE AND OFFICER IN OCTOBER. EVERY RECIPIENT IS ASKED TO RETURN A DISCLOSURE FORM THAT DISCLOSES ANY POTENTIAL RELATIONSHIPS THAT MAY REPRESENT A CONFLICT OF INTEREST AND DISCLOSE ANY GIFTS OR LOANS FROM ENTITIES WHICH THE COLLEGE HAS SIGNIFICANT BUSINESS DEALINGS. THE FORM ALSO ASKS TRUSTEES TO ACKNOWLEDGE THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND CONFIRM THAT THEY HAVE NO KNOWLEDGE OF ANY REAL OR POTENTIAL VIOLATIONS OF THE POLICY AND THAT THEY WILL REFRAIN FROM TAKING ANY UNFAIR ADVANTAGE OF ANY INFORMATION OBTAINED IN THEIR ROLE AS TRUSTEE OR DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WITH A REPORT AND RESOLUTIONS PROVIDED TO THE FULL BOARD FOR DELIBERATION. AS PART OF THIS PROCESS, THE PRESIDENT'S COMPENSATION IS COMPARED TO A COHORT OF SIMILAR INSTITUTIONS. THE RESULT OF THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE NOTES OF THE COMPENSATION COMMITTEE MEETING AND A STATEMENT OF SALARY LETTER SENT TO THE PRESIDENT AND THE DIRECTOR OF HUMAN RESOURCES. THE COMPENSATION OF THE COLLEGE OFFICERS IS DETERMINED ANNUALLY BY THE PRESIDENT AND COMPARED TO THE COMPENSATION OF SIMILARLY PLACED OFFICERS OF GREAT LAKES COLLEGES ASSOCIATION INSTITUTIONS. THE OFFICER COMPENSATION IS SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 KALAMAZOO COLLEGE IS ORGANIZED UNDER MICHIGAN STATUTE MCL SECTION 390.751 THROUGH 390.761. THE BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT HEALTH BENEFIT LIABILITY 968,384. SPLIT INTEREST AGREEMENT 253,436. UNCOLLECTIBLE PLEDGE 9,750. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM PRIOR YEAR. GENEVIEVE U GILMORE ENDOWMENT FOR THE ARTS PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386470228 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12C, III-FI KALAMAZOO COLLEGE 1 DOROTHY HINKLEY HEYL IRREV CHARITABLE TRUST PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386572671 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12D, III-O KALAMAZOO COLLEGE 1 L LEE STRYKER MEMORIAL TRUST PNC BANK 113 E MICHIGAN KALAMAZOO MI 49007 386385367 TRUST FBO KALAMAZOO COLLEGE MI 501(C)(3) LINE 12D III-O KALAMAZOO COLLEGE 1 FW & ELSIE L HEYL SCIENCE SCHOLARSHIP FUND PNC BANK PO BOX 94651 CLEVELAND OH 44101 386194019 SCIENCE GRANTS MI 501(C)(3) LINE 12D, III-O N/A 0 GREAT LAKES COLLEGES ASSOCIATION INC 535 W WILLIAM ST STE 301 ANN ARBOR MI 48103 381678376 PROMOTE ADVANCEMENT IN HIGHER EDUCATION MI 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 GENEVIEVE U GILMORE ENDOWMENT FOR THE ARTS PNC BANK C 104867 CASH GRANT DOROTHY HINKLEY HEYL IRREV CHARITABLE TRUST PNC BANK C 160394 CASH GRANT L LEE STRYKER MEMORIAL TRUST PNC BANK C 112780 CASH GRANT FW & ELSIE L HEYL SCIENCE SCHOLARSHIP FUND PNC BANK C 2123657 CASH GRANT