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. Due to the departure of the institution's president in late december of 2021, the board of trustees promoted a senior college official to transitional president in january of 2022 and set her salary commensurate with her tenure and a recently completed compensation study.”

“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 $46,131 in heerf funding in the year ending june 30, 2022. 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 grounded in the liberal arts. 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 heartsome 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 needed to learn. - 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, with over 1,600 undergraduates, is an independent, residential, coeducational college in south central lancaster county, pennsylvania. The college, established by the church of the brethren in 1899, maintains 7 schools and 19 academic departments, offering a variety of programs at numerous award levels. The core curriculum emphasizes the arts, humanities, and sciences. Elizabethtown college was chartered in 1899 by members of the church of the brethren who were interested in establishing an institution of higher education for their denomination in eastern pennsylvania. The commonwealth of pennsylvania granted a charter on september 23, 1899. Classes were held for the first time the following year. During its early years, limited enrollment and finances hampered the general development of the institution. Supported initially by contributions from individual churchmen, the college in time became the responsibility of the eastern (now the atlantic northeast) and southern district of pennsylvania of the church of the brethren. The church districts officially assumed the responsibility for operating the college in january 1919. With the advancing years, the college grew in the size of its enrollment, the extent of its physical facilities, and the quality of its academic program. Formal accreditation was granted in 1921 by the pennsylvania department of public instruction and in 1948 by the middle states association of colleges and secondary schools. The rate of growth increased significantly from the end of the second world war. Student enrollment has more than quadrupled since that time. The academic program has been expanded and is continually revised to meet changing needs of students. Recently, elizabethtown college launched the school of graduate and professional studies (sgps). Sgps, formerly known as the school of continuing and professional studies since 1951, offers transformative graduate and online programs as well as micro-credentials across a variety of flexible formats. The school is staying grounded in its over a century of elizabethtown college excellence combined with the access and flexibility lifelong learners demand. Elizabethtown college was one of just 42 institutions across the state to be named a recipient of the 2021-22 pennsylvania department of education's pasmart advancing computer science and stem education grant to improve access to science, technology, engineering, math, and computer science education. Etown was awarded for its project, "future ready: computer science and stem education for all collaborative," which aims to help address the need for highly-qualified computer science (cs) professionals to fill anticipated employment vacancies at the local, regional, and state levels by increasing the number of teachers that are representative of the pennsylvania population. It will also strengthen cs and stem learning opportunities.”

“The high library partners with elizabethtown college students, faculty, and staff to promote learning and discovery as we educate for service. We are committed to connecting people with ideas and to creating an intellectual and cultural commonsboth physical and virtualwhere individuals can experience the power of sharing information. The high library stimulates, inspires and engages our 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 2,636,787. Post retirement benefit 3,365,121.”