efile Public Visual Render
ObjectId: 202301319349301635 - Submission: 2023-05-11
TIN: 23-1352683
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
Name of the organization
SWARTHMORE COLLEGE
Employer identification number
23-1352683
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.....
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
....
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
Yes
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
Yes
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
No
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2021
Page 2
Schedule J (Form 990) 2021
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
MARK C AMSTUTZ
CHIEF INVESTMENT OFFICER
(i)
(ii)
357,262
-------------
0
0
-------------
0
0
-------------
0
29,000
-------------
0
21,829
-------------
0
408,091
-------------
0
0
-------------
0
2
JAMES L BOCK III
VP AND DEAN OF ADMISSIONS
(i)
(ii)
243,096
-------------
0
10,000
-------------
0
0
-------------
0
24,846
-------------
0
48,215
-------------
0
326,157
-------------
0
0
-------------
0
3
GREGORY N BROWN UNTIL 122
VP FIN & ADMIN & TREASURER
(i)
(ii)
383,950
-------------
0
10,000
-------------
0
0
-------------
0
2,900
-------------
0
47,929
-------------
0
444,779
-------------
0
0
-------------
0
4
JOEL COOPER
CHIEF OF INFORMATION TECH
(i)
(ii)
198,998
-------------
0
0
-------------
0
0
-------------
0
20,250
-------------
0
21,665
-------------
0
240,913
-------------
0
0
-------------
0
5
FRANK C GRUNSEICH
DIRECTOR OF INVESTMENTS
(i)
(ii)
294,640
-------------
0
0
-------------
0
0
-------------
0
28,250
-------------
0
27,148
-------------
0
350,038
-------------
0
0
-------------
0
6
ANDREW HIRSCH
VP FOR COMMUNICATIONS
(i)
(ii)
253,855
-------------
0
10,000
-------------
0
0
-------------
0
24,480
-------------
0
26,988
-------------
0
315,323
-------------
0
0
-------------
0
7
SHARMAINE BRADHAM LAMAR ESQ
GENERAL COUNSEL
(i)
(ii)
203,469
-------------
0
2,000
-------------
0
0
-------------
0
20,783
-------------
0
35,374
-------------
0
261,626
-------------
0
0
-------------
0
8
ROBIN HUNTINGDON SHORES
ASSISTANT SECRETARY
(i)
(ii)
143,819
-------------
0
0
-------------
0
0
-------------
0
14,055
-------------
0
26,804
-------------
0
184,678
-------------
0
0
-------------
0
9
VALERIE SMITH
PRES./EX OFFICIO BOARD MEMBER
(i)
(ii)
597,605
-------------
0
160,000
-------------
0
0
-------------
0
201,094
-------------
0
67,239
-------------
0
1,025,938
-------------
0
0
-------------
0
10
JAMES TERHUNE
VP FOR STUDENT AFFAIRS
(i)
(ii)
227,497
-------------
0
10,000
-------------
0
0
-------------
0
22,256
-------------
0
42,577
-------------
0
302,330
-------------
0
0
-------------
0
11
ALICE TURBIVILLE
ACTING TREAS&COLNTER VP FIN
(i)
(ii)
164,141
-------------
0
2,000
-------------
0
0
-------------
0
17,213
-------------
0
20,281
-------------
0
203,635
-------------
0
0
-------------
0
12
SARAH WILLIE-LEBRETON
PROVOST & DEAN OF THE FACULTY
(i)
(ii)
278,611
-------------
0
10,000
-------------
0
0
-------------
0
109,674
-------------
0
27,148
-------------
0
425,433
-------------
0
0
-------------
0
13
ALLEN SCHNEIDER
PROFESSOR
(i)
(ii)
396,480
-------------
0
0
-------------
0
0
-------------
0
12,083
-------------
0
5,269
-------------
0
413,832
-------------
0
0
-------------
0
14
Elizabeth Boluch-Wood
VP-COLLEGE ADVANCE
(i)
(ii)
244,508
-------------
0
0
-------------
0
0
-------------
0
14,500
-------------
0
11,709
-------------
0
270,717
-------------
0
0
-------------
0
15
David E Ramirez
Professor
(i)
(ii)
123,374
-------------
0
0
-------------
0
225,557
-------------
0
9,704
-------------
0
11,412
-------------
0
370,047
-------------
0
0
-------------
0
16
Arthur E McGarity
Professor
(i)
(ii)
304,370
-------------
0
0
-------------
0
0
-------------
0
9,910
-------------
0
7,341
-------------
0
321,621
-------------
0
0
-------------
0
17
Faruq Mahmud Anam Siddiqui
Professor
(i)
(ii)
285,679
-------------
0
0
-------------
0
0
-------------
0
9,464
-------------
0
349
-------------
0
295,492
-------------
0
0
-------------
0
18
Joy C Charlton
Professor
(i)
(ii)
279,001
-------------
0
0
-------------
0
0
-------------
0
8,929
-------------
0
8,166
-------------
0
296,096
-------------
0
0
-------------
0
19
Andrew Feick EFF 122
CO-INTERIM VP FIN & ADMIN
(i)
(ii)
200,054
-------------
0
2,000
-------------
0
0
-------------
0
20,336
-------------
0
26,986
-------------
0
249,376
-------------
0
0
-------------
0
Schedule J (Form 990) 2021
Page 3
Schedule J (Form 990) 2021
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
SCHEDULE J, LINE 1A
DETAIL OF ADDITIONAL BENEFITS PROVIDED FIRST CLASS TRAVEL IN GENERAL, IT IS THE COLLEGE'S POLICY THAT FIRST CLASS TRAVEL IS NOT AUTHORIZED FOR COLLEGE EMPLOYEES TRAVELING ON COLLEGE BUSINESS. HOWEVER, IN RECOGNITION THAT THE PRESIDENT TYPICALLY WORKS DURING FLIGHTS, ATTENDS DIRECTLY TO BUSINESS UPON ARRIVAL, AND CANNOT SCHEDULE IN TIME FOR ADEQUATE REST, THE BOARD OF MANAGERS HAS APPROVED THE USE OF FIRST CLASS TRAVEL FOR THE PRESIDENT ON DOMESTIC AND INTERNATIONAL FLIGHTS OVER THREE HOURS IN LENGTH. THIS POLICY EXTENDS TO THE PRESIDENT'S SPOUSE WHEN HE OR SHE ACCOMPANIES THE PRESIDENT ON BUSINESS TRAVEL. FOR ALL OTHER EMPLOYEES (FACULTY AND STAFF), FIRST CLASS TRAVEL MUST BE PRE-APPROVED BY THE PRESIDENT OR THEIR DESIGNATE. TRAVEL FOR COMPANIONS IN CERTAIN AUTHORIZED CIRCUMSTANCES THE COLLEGE WILL PAY, OR WILL REIMBURSE, FOR THE TRAVEL, MEALS AND EXPENSES OF THE SPOUSE/PARTNER OF AN EMPLOYEE UNDER THE COLLEGE'S ACCOUNTABLE PLAN. REIMBURSEMENTS ARE CONSIDERED TAXABLE INCOME TO THE EMPLOYEE UNLESS THE COMPANION TRAVEL IS: 1) FOR A BONA FIDE BUSINESS PURPOSE, 2) DIRECTLY BENEFITS THE COLLEGE, AND 3) IS PROPERLY DOCUMENTED AND APPROVED. ANY SPOUSE/PARTNER TRAVEL OTHER THAN THE PRESIDENT MUST BE APPROVED, IN ADVANCE, BY THE PRESIDENT OR THEIR DESIGNATE. TAX GROSS-UP PAYMENTS RETIREMENT PAYMENTS TO EMPLOYEES MAY INCLUDE A GROSS-UP FOR A PORTION OF THE BENEFITS PAID. RESIDENCE REQUIREMENT AS A CONDITION OF EMPLOYMENT, THE PRESIDENT AND DEAN OF STUDENTS MAINTAINED THEIR FULL TIME RESIDENCE IN COLLEGE-PROVIDED HOUSING AND USED THE RESIDENCE FOR COLLEGE BUSINESS AND ENTERTAINMENT PURPOSES. SOCIAL CLUB DUES MEMBERSHIP DUES WERE PROVIDED TO ONE NEW YORK UNIVERSITY CLUBS TO BE USED FOR BUSINESS PURPOSES (ENTERTAINMENT / TRAVEL). --------------------
SCHEDULE J, PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPATION SWARTHMORE COLLEGE (THE "COLLEGE") MAINTAINS A SUPPLEMENTAL EXECUTIVE IRC SECTION 457(F) RETIREMENT PLAN ("SERP") DESIGNED FOR THE PRESIDENT OF THE COLLEGE. VESTING IN THE SERP WILL OCCUR IF THE PRESIDENT REMAINS AT THE COLLEGE THROUGH JUNE 30, 2025 (OR DEATH OR PERMANENT DISABILITY PRIOR TO THEN). THERE WERE NO DISTRIBUTIONS MADE FROM THE SERP PLAN FOR THE JUNE 30, 2022 TAX YEAR. --------------------
SCHEDULE J, PART I, LINE 7
Certain individuals received approved discretionary bonuses and/or incentive compensation. --------------------
SCHEDULE J, PART II
ADDITIONAL INFORMATION ALL DEFERRED COMPENSATION FIGURES REPORTED ON PART II, COLUMN C, INCLUDE EMPLOYER CONTRIBUTIONS TO A QUALIFIED RETIREMENT PLAN. ALLEN SCHNEIDER - OTHER COMPENSATION INCLUDES SEVERANCE COMPENSATION. DAVID E. RAMIREZ - OTHER COMPENSATION INCLUDES SEVERANCE COMPENSATION. ARTHUR E. MCGARITY - OTHER COMPENSATION INCLUDES SEVERANCE COMPENSATION. FARUQ MAHMUD ANAM SIDDIQUI - OTHER COMPENSATION INCLUDES SEVERANCE COMPENSATION. JOY C. CHARLTON - OTHER COMPENSATION INCLUDES SEVERANCE COMPENSATION. JAMES TERHUNE - NON-TAXABLE BENEFITS FIGURE INCLUDES A HOUSING ALLOWANCE. SEE "RESIDENCE REQUIREMENT" ABOVE. VALERIE SMITH - DEFERRED COMPENSATION ALSO INCLUDES ACCRUED LEAVE COMPENSATION AND BENEFITS. VALERIE SMITH - NON-TAXABLE BENEFITS FIGURE INCLUDES A HOUSING ALLOWANCE. SEE "RESIDENCE REQUIREMENT" ABOVE. SARAH WILLIE-LEBRETON - DEFERRED COMPENSATION ALSO INCLUDES ACCRUED LEAVE COMPENSATION AND BENEFITS. ----------------
Schedule J (Form 990) 2021
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