Civic Intelligence

Earlham Foundation

990 • Fiscal year 2017 • EIN 35-6014491

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

801 National Road WestRichmond, IN 47374

(765) 983-1200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Net Margin

93rd percentile

52%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

13th percentile

$206,256

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

93rd percentile

81%

Faster revenue growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Assets

Up

$203,131,934

Up $20,475,127 (+11%) from 2016

Net Assets

Up

$203,131,934

Up $20,475,127 (+11%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$15,985,399

Up $7,168,949 (+81%) from 2016

Expenses

Up

$7,621,583

Up $440,970 (+6.1%) from 2016

Net Income

Up

$8,363,816

Up $6,727,979 (+411%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $175,917,882Liabilities 2010: $0Net Assets 2010: $175,917,8822010Assets 2011: $218,274,496Liabilities 2011: $0Net Assets 2011: $218,274,4962011Assets 2012: $205,962,790Liabilities 2012: $0Net Assets 2012: $205,962,7902012Assets 2013: $213,119,495Liabilities 2013: $0Net Assets 2013: $213,119,4952013Assets 2014: $189,965,651Liabilities 2014: $0Net Assets 2014: $189,965,6512014Assets 2015: $191,223,242Liabilities 2015: $0Net Assets 2015: $191,223,2422015Assets 2016: $182,656,807Liabilities 2016: $0Net Assets 2016: $182,656,8072016Assets 2017: $203,131,934Liabilities 2017: $0Net Assets 2017: $203,131,9342017Assets 2018: $427,375,106Liabilities 2018: $215,188,947Net Assets 2018: $212,186,1592018Assets 2019: $417,105,415Liabilities 2019: $203,230,026Net Assets 2019: $213,875,3892019Assets 2020: $378,086,314Liabilities 2020: $173,963,620Net Assets 2020: $204,122,6942020Assets 2021: $474,854,358Liabilities 2021: $218,076,652Net Assets 2021: $256,777,7062021Assets 2022: $426,700,889Liabilities 2022: $189,029,414Net Assets 2022: $237,671,4752022Assets 2023: $416,563,758Liabilities 2023: $172,447,818Net Assets 2023: $244,115,9402023Assets 2024: $414,847,008Liabilities 2024: $158,601,586Net Assets 2024: $256,245,4222024

Highlighted filing

2017

Assets$203,131,934
Liabilities$0
Net Assets$203,131,934

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $13,810,6332010Expenses 2011: $13,110,0482011Expenses 2012: $13,232,0372012Expenses 2013: $18,829,5382013Revenue 2014: $12,679,315Expenses 2014: $11,986,535Net Income 2014: $692,7802014Revenue 2015: $13,420,198Expenses 2015: $6,933,648Net Income 2015: $6,486,5502015Revenue 2016: $8,816,450Expenses 2016: $7,180,613Net Income 2016: $1,635,8372016Revenue 2017: $15,985,399Expenses 2017: $7,621,583Net Income 2017: $8,363,8162017Revenue 2018: $28,159,010Expenses 2018: $25,385,903Net Income 2018: $2,773,1072018Revenue 2019: $26,251,898Expenses 2019: $17,609,902Net Income 2019: $8,641,9962019Revenue 2020: $21,976,711Expenses 2020: $4,694,873Net Income 2020: $17,281,8382020Revenue 2021: $26,788,184Expenses 2021: $69,683,812Net Income 2021: -$42,895,6282021Revenue 2022: $45,487,920Expenses 2022: $905,664Net Income 2022: $44,582,2562022Revenue 2023: $13,932,576Expenses 2023: $23,155,744Net Income 2023: -$9,223,1682023Revenue 2024: $5,650,530Expenses 2024: $25,079,573Net Income 2024: -$19,429,0432024

Highlighted filing

2017

Revenue$15,985,399
Expenses$7,621,583
Net Income$8,363,816
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.0
Gross Receipts
$39,899,585
Mission and Program Overview

Mission

The Earlham Foundation receives and holds permanently restricted gifts made to Earlham College (including the Earlham School of Religion). The Foundation invests these funds and releases quarterly distributions of earnings to Earlham College and Earlham School of Religion to support their operations.

Receives and holds gifts made to Earlham College.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$109,053,528$119,943,255▲ $10,889,727
Investments Other Securities$73,603,279$83,188,679▲ $9,585,400
Total Assets$182,656,807$203,131,934▲ $20,475,127
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$116,598,774$133,839,850▲ $17,241,076
Permanently Rstr Net Assets$66,058,033$69,292,084▲ $3,234,051
Total Net Assets Fund Balance$182,656,807$203,131,934▲ $20,475,127
Total Liabilities and Net Assets / Fund Balance$182,656,807$203,131,934▲ $20,475,127

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$83,188,679--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$182,656,807$3,154,374▲ $24,942,337-$203,131,935
2015$191,223,242$2,106,574▼ $3,492,396-$182,656,807
2014$189,965,651$1,081,307▲ $7,109,932-$191,223,242
2013$213,119,495$2,169,654▲ $33,851,940$47,188,903$189,965,651
2012$205,962,790$2,668,661▲ $23,317,582-$213,119,495
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Catherine HabschmidtAsst. SecretaryPT$96,155$96,155

Board Members and Trustees

NameTitle
Mark NewlinChair
Thomas JohnsonVice Chair
Brent TaylorDirector
Jim DonahueDirector
Joseph HedrickDirector
Marion ShoreDirector
Randy SadlerDirector
Tania DengDirector
Phillip MorganAsst. Treasurer
Sena LandeySecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Prime BuchholzInvestment Services273 Corporate Drive Suite 250, Portsmouth, NH 03801$219,430
Revenue and Support

Revenue Composition

Contributions and Grants
$3,154,374
Program Service Revenue
$0
Investment Income
$12,831,025
Other Revenue
$0
Change in Net Assets
$8,363,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,329,577
Other Expenses$292,006
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,329,577--$7,329,577
Fees for Service Investment Mgmnt Fees$292,006--$292,006
Total Functional Expenses$7,621,583$0$0$7,621,583
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Earlham CollegeWest Richmond, IN501(c)(3)Support$7,329,577
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

Western Yearly Meeting of the Religious Society of Friends, Plainfield, Indiana has the power to nominate two Directors to the organization's governing body. Additionally, the Earlham College Board of Trustees has the power to nominate six Directors to the organization's governing body.

Form 990, Part VI, Section A, line 7B

The Earlham College Board of Trustees must approve the organization's Investment Policy Statement.

Form 990, Part VI, Section B, line 11B

The Form 990 is prepared by an independent CPA firm. The Assistant Controller, Assistant Secretary, and Secretary/Treasurer perform a detailed review. A copy of the Form 990 is provided to each member of the full governing body prior to its filing.

Form 990, Part VI, Section B, line 12C

The Foundation's conflict of interest policy requires that officers and directors disclose any situations that may result in a conflict of interest or the appearance of a conflict of interest. Questionnaires must be completed annually but updated sooner if a person's situation changes. Disclosures are summarized and reviewed by the audit committee of the Earlham Board of Trustees. If an officer or director has a conflict, they will not participate in the decision-making process.

Form 990, Part VI, Section B, line 15

The Earlham Foundation does not compensate any officers, directors, or key employees. Compensation reported on Form 990, Part VII and Schedule J is paid by a related organization, Earlham College. Therefore, these questions are answered no in accordance with the instructions.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Earlham Foundation
EIN
35-6014491
Phone
7659831200
Address
801 National Road West, Richmond, IN 47374

Signing Officer

Name
Stacy L Davidson
Title
Treasurer
Phone
7659831200
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy L Davidson
Formed
1931
Legal Domicile
In
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Capin Crouse LLP
Address
972 Emerson Parkway STE A, Greenwood, IN 46143
Preparer
David C Moja
Phone
3178852620
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Organization's Mission The Earlham Foundation receives and holds permanently restricted gifts made to Earlham College (including the Earlham School of Religion). The Foundation invests these funds and release quarterly distributions of earnings to Earlham College and Earlham School of Religion to support their operations.

Form 990, Part XII, Line 2C

The organization's audit committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.

Financial Statement Notes

Part V, Line 4:

The organization's endowment funds are used to support the educational programs of Earlham College.

Part X, Line 2:

The Foundation is exempt from federal taxes under Section 501(c)(3) of the U.S. Internal Revenue Code and a similar provision of state law. The Foundation is subject to federal income tax on any unrelated business taxable income. The Foundation is not considered to be a private foundation.

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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt07329577
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Earlham College
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt07329577
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0292006
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt03154374
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0203131935
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt024942337
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0255518
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0191223242
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02106574
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0182656807
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt06925095
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3492396
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0281479
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0189965651
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01081307
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0191223242
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt06652169
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07109932
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0304015
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02169654
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0189965651
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt011682520
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033851940
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt047188903
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0344523
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0205962790
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02668661
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0213119495
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt018485015
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt023317582
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt083188679
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Domestic/International Equities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.34110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization's endowment funds are used to support the educational programs of Earlham College.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from federal taxes under Section 501(c)(3) of the U.S. Internal Revenue Code and a similar provision of state law. The Foundation is subject to federal income tax on any unrelated business taxable income. The Foundation is not considered to be a private foundation.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.65890
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt083188679
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07329577
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Earlham College
IRS990ScheduleI/RecipientTable/RecipientEIN0360868073
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0801 National Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0West Richmond
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd047374
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants are made solely to the organization's parent, Earlham College, for educational purposes.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0178042
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1171544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt017804
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt117154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt112783
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Sena Landey
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Phillip Morgan
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary/Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Asst. Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0206584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1201481
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization's Mission The Earlham Foundation receives and holds permanently restricted gifts made to Earlham College (including the Earlham School of Religion). The Foundation invests these funds and release quarterly distributions of earnings to Earlham College and Earlham School of Religion to support their operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Western Yearly Meeting of the Religious Society of Friends, Plainfield, Indiana has the power to nominate two Directors to the organization's governing body. Additionally, the Earlham College Board of Trustees has the power to nominate six Directors to the organization's governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Earlham College Board of Trustees must approve the organization's Investment Policy Statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is prepared by an independent CPA firm. The Assistant Controller, Assistant Secretary, and Secretary/Treasurer perform a detailed review. A copy of the Form 990 is provided to each member of the full governing body prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation's conflict of interest policy requires that officers and directors disclose any situations that may result in a conflict of interest or the appearance of a conflict of interest. Questionnaires must be completed annually but updated sooner if a person's situation changes. Disclosures are summarized and reviewed by the audit committee of the Earlham Board of Trustees. If an officer or director has a conflict, they will not participate in the decision-making process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Earlham Foundation does not compensate any officers, directors, or key employees. Compensation reported on Form 990, Part VII and Schedule J is paid by a related organization, Earlham College. Therefore, these questions are answered no in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization's audit committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$415$159$256$5.65$25.1$19.4
2023Detailed filing. Detailed filing data is available for this year.$417$172$244$13.9$23.2$9.22
2022Detailed filing. Detailed filing data is available for this year.$427$189$238$45.5$0.91$44.6
2021Detailed filing. Detailed filing data is available for this year.$475$218$257$26.8$69.7$42.9
2020Detailed filing. Detailed filing data is available for this year.$378$174$204$22.0$4.69$17.3
2019Detailed filing. Detailed filing data is available for this year.$417$203$214$26.3$17.6$8.64
2018Detailed filing. Detailed filing data is available for this year.$427$215$212$28.2$25.4$2.77
2017Detailed filing. Detailed filing data is available for this year.$203$0.00$203$16.0$7.62$8.36
2016Detailed filing. Detailed filing data is available for this year.$183$0.00$183$8.82$7.18$1.64
2015Detailed filing. Detailed filing data is available for this year.$191$0.00$191$13.4$6.93$6.49
2014Detailed filing. Detailed filing data is available for this year.$190$0.00$190$12.7$12.0$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$213$0.00$213$18.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$206$0.00$206$13.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$218$0.00$218$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$0.00$176$13.8