Elizabethtown College

“Family and business relationships board members david reist and pamela a. Reist have a family relationship. Board members john d. Miller jr. Esq and audrey bennett have a family relationship.”

“Form 990 review the form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A draft of the form 990 was reviewed by grant thornton with the audit committee of the board of trustees. A copy of the form 990 was posted electronically to a board of trustee website allowing for review. Following board review and subsequent updates to the return, if any, the form 990 was electronically filed with the internal revenue service.”

“Conflict of interest policy each officer, director, trustee and key employee of the college is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the college. The college monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to the trustees. Potential conflicts are reviewed on a timely basis.”

“Determination of compensation the college undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of its officers and key employees of the college is reasonable given the market in which the college operates. The board of trustees has established an executive committee of independent persons that have no personal interest in the proposed compensation agreement. The executive committee of the board of trustees annually reviews the performance of the president against agreed upon objectives for the year. All other officers are reviewed annually. Finally, the college annually participates in two compensation surveys prepared by independent vendors that benchmark the president's compensation in comparison to peer institutions, in terms of size, geography, and curriculum. To ensure that the college's compensation policies remain consistent with the geography in which it operates, it conducted its most recent compensation study in december of 2021.”

“Documents available to the public the college makes its form 990 available on campus and is likewise published on the internet at www.guidestar.org. The organization's conflict of interest policy is not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“As a response to covid-19, the government approved three relief packages between april 2020 and march 2021. Congress set aside approximately $76.6 billion between the coronavirus aid, relief and economic security act (cares), coronavirus response and relief supplemental appropriations act (crrsaa) and the american rescue plan (arp) to be allotted to the educational stabilization fund through the higher education emergency relief fund (heerf). The college received $1,350,544 in heerf funding in the year ending june 30, 2021. Under the heerf program, no less than 50 percent of the full grant is to be used for direct emergency aid to students. The remaining portion of the full grant was to be used by institutions to cover any costs associated with significant changes to the delivery of instruction due to coronavirus. Institutions are given one calendar year from the date of the award in their heerf grant award notification to complete the performance of their heerf grant. The college fully complied with the heerf mandate and distributed all student proceeds as required.”

“Elizabethtown college engages students in a dynamic, integrated learning process that blends the liberal arts and professional studies. Challenged to take responsibility for their education, students at elizabethtown embark on a journey of self-transformation that involves intellectual, social, and personal growth. The college is committed to educating the whole person within a relationship-centered learning community where common goals are achieved through engagement in a rigorous academic curriculum and thoughtful co-curricular experiences. Students are encouraged to develop and challenge their own values, while seeking to understand and appreciate alternative perspectives. Embedded in an ever-changing global context, the college promotes the developmental, collaborative and complex nature of learning. In seeking to "educate for service," elizabethtown college believes that students can perform no greater service than they do when sharing knowledge and creativity with others. Opportunities to strengthen scholarship and leadership extend beyond the classroom, and students learn actively through practical experiences and civic engagement. The impact of an elizabethtown college education is long lasting and far-reaching because it is deeply transformative. Students acquire new habits of mind and heart-some in the course of the undergraduate experience, others as students grow beyond college. At elizabethtown college, students are inspired and challenged to: - assume responsibility for their intellectual development, personal growth and well-being. Students will learn to sharpen their curiosity and become aware of the capabilities, strategies and resources. - reason, analyze and engage in critical thinking. Students will make, systematically evaluate, and, if necessary, refute arguments and claims - both their own and those of others. - demonstrate thoughtful and articulate communication by applying knowledge in a variety of contexts, including writing, speaking, listening and interpretation. - understand the creative process and its role in human expression, and cultivate the ability to make informed aesthetic judgments. - navigate diverse cultural worldviews and perspectives, with the realization that differing frames of reference influence analysis, communication and behavior. - make reflective ethical decisions and act with integrity to seek just outcomes with relationships, communities and society. - apply and integrate different strands of learning and comprehend interconnections in the process of gaining knowledge and experience. - identify and cultivate a sense of purpose that inspires a commitment to meaningful work in service to society.”

“Elizabethtown college, offers its 1,900 students over 50 majors and more than 80 minors and concentrations in the liberal arts, sciences and professional studies. The college provides undergraduate education, continuing education, and graduate education. A 12:1 fte student-to faculty ratio and average class size of 15 provides students with meaningful interactions with professors, 88.5% of whom hold a ph.d. Or terminal degree in their field. Founded in 1899, the institution originally operated as an academy, offering a limited curriculum. In 1921, the pennsylvania department of public instruction accredited the college and authorized it to grant bachelor's degrees in the arts and sciences. In may 1948, elizabethtown was accredited by the middle states association of college and schools. Since the late 1940's, elizabethtown has grown significantly - in student and faculty population, in academic and co-curricular offerings and in the number and quality of campus facilities. To provide the superior classrooms and cutting-edge technology necessary to prepare students for their future, the college has enhanced its facilities significantly over the past several years. Today, the 200-acre suburban campus is a beautiful marriage of stately 1900s architecture - symbolic of the college's century-old heritage - and state-of-the-art academic and co curricular buildings. In 2019, the college opened the bowers center for sports, fitness, and well-being. This state of the art facility includes cardio, strength, and fitness areas along with multi-use courts, locker rooms, athletic training area, a large lounge area, and a demonstration kitchen and snack bar. This facility encompasses over 80,000 sf and has become a centerpiece of co-curricular life for many students. Other facilities include the high library, leffler chapel and performance center, student residence facilities and athletic facilities. Zug memorial hall serves as the college's performing and fine arts teaching center, complete with an art gallery, a recital hall and an on-campus music therapy clinic. The brossman commons serves as a full service student union with dining, retail, office, and gathering spaces. The james b. Hoover center for business houses the college's perennially strong business program. Its modern facilities provide our students with a learning environment in which they can gain the experience needed to handle real-world business issues with expertise and integrity. This building also houses the edward r. Murphy center for continuing education and distance learning, which provides a variety of learning programs for adult learners, and the s. Dale high center for family business, which provides support to central pennsylvania's family businesses. The masters center for science, mathematics and engineering provides the classrooms, modern laboratories and research facilities essential for a 21st-century science education.”

“The college provides library services including on-line searches, physical visits/attendance, and research instruction. The high library partners with elizabethtown college students, faculty, and staff to promote learning and discovery as it educates. It is committed to connecting people with ideas and to creating an intellectual and cultural commons-both physical and virtual-where individuals can experience the power of sharing information. The library stimulates, inspires and engages its community by offering resources and support for creative and critical inquiry. Goal 1: provide reliable access to information resources to educate the college community for lives of service and leadership as citizens of the world. Goal 2: provide professional expertise: help students discover the resources needed to enhance classroom success and to navigate diverse cultural perspectives; provide direction and vision for the college with regard to intellectual property, information technology and digital initiatives. Goal 3: create the commons: support spaces that allow students to work singly and in groups to acquire new habits of mind. Goal 4: partner with students, faculty, staff and other offices at the college to fuel motivation, catalyze curiosity and foster purposeful life work. Goal 5: deepen campus engagement with the community and the world to expand intellectual horizons and help our scholars apply and integrate their learning. Pursue supplementary capital to support this goal and other special projects.”

“Gain on interest rate swap 1,180,493. Post retirement benefit 2,317,249.”