Spelman College

“Process to establish compensation of top management official and of other officers or key employees the compensation of the college's president is determined as follows: comparability studies are performed by an independent third party compensation consultant. It is the college's goal that the president's compensation be in the 50th-75th percentile of the colleges and universities used in the comparability survey. The executive committee of the board approves the president's compensation. The compensation of other officers and key employees is determined by the president. The president recommends the compensation for these individuals. The executive committee of the board of trustees reviews and approves the compensation. For these individuals, compensation studies are performed by an independent third party firm or the college's human resources department.”

“A representative of ernst & young, u.s. Llp will present the 990 to the budget and finance committee of the board of trustees. The chairman of the budget and finance committee will present the draft 990 to the full board of trustees. The final copy of the 990 will be placed on the trustees' intranet for their review prior to filing with the irs.”

“Employees are required to sign a conflict of interest disclosure upon their initial hiring. The college has a written conflict of interest policy in its employee handbook. If human resources becomes aware of a conflict, the employee is notified and required to submit a conflict of interest statement, which is filed in the employee's personnel file. All trustees, board representatives and senior team members must complete and sign a conflict of interest form on an annual basis. Compliance is monitored and a summary is provided to the secretary of the board.”

“Spelman college makes its audited financial statements available on its website. Spelman college does not make its governing documents or conflict of interest policy available to the public. However, these documents are available upon request.”

“All other revenue - Total Revenue: 446616, Related or Exempt Function Revenue: 446616, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Spelman college, a historically black college and global leader in the education of women of african descent, is dedicated to the academic excellence in the liberal arts and sciences, and the intellectual, creative, ethical and leadership development of its students. Spelman empowers the whole person to engage the many cultures of the world and inspires a commitment to positive social change.”

“(Expenses $ 280,658 including grants of $ 0)(Revenue $ 0) PUBLIC SERVICE”

“NET INVESTMENT LOSS - Total Expense: 2850463, Program Service Expense: 0, Management and General Expenses: 2850463, Fundraising Expenses: 0; EMERGENCY FUNDS - Total Expense: 4313165, Program Service Expense: 4313165, Management and General Expenses: 0, Fundraising Expenses: 0; PANDEMIC EXPENSES - Total Expense: 2442582, Program Service Expense: 945634, Management and General Expenses: 1496948, Fundraising Expenses: 0; OTHER - Total Expense: 6575831, Program Service Expense: 3258986, Management and General Expenses: 3316845, Fundraising Expenses: 0;”