Civic Intelligence

Reed Institute

EIN 93-0386908 • 501(c)3 • Portland, OR

Profile

The mission of Reed College is to provide education in the liberal arts and sciences.

3203 SE Woodstock BlvdPortland, OR 97202-8199

www.reed.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.16x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.88x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

81st percentile

23%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

9.1%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

36%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,135,702,740

Up $94,745,263 (+9.1%) from 2023

Liabilities

Up

$180,387,429

Up $2,722,134 (+1.5%) from 2023

Net Assets

Up

$955,315,311

Up $92,023,129 (+11%) from 2023

Revenue

Up

$204,695,513

Up $54,342,053 (+36%) from 2023

Expenses

Up

$158,238,547

Up $6,108,847 (+4.0%) from 2023

Net Income

Up

$46,456,966

Up $48,233,206 (+2715%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5B$1.0B$500M$0Assets 2011: $591,751,699Liabilities 2011: $115,480,729Net Assets 2011: $476,270,9702011Assets 2012: $623,385,559Liabilities 2012: $124,428,516Net Assets 2012: $498,957,0432012Assets 2013: $666,186,990Liabilities 2013: $125,382,921Net Assets 2013: $540,804,0692013Assets 2014: $745,731,927Liabilities 2014: $133,801,009Net Assets 2014: $611,930,9182014Assets 2015: $746,367,992Liabilities 2015: $133,220,860Net Assets 2015: $613,147,1322015Assets 2016: $710,474,726Liabilities 2016: $136,339,276Net Assets 2016: $574,135,4502016Assets 2017: $751,616,019Liabilities 2017: $133,643,296Net Assets 2017: $617,972,7232017Assets 2018: $820,270,782Liabilities 2018: $165,223,973Net Assets 2018: $655,046,8092018Assets 2019: $827,059,570Liabilities 2019: $167,284,372Net Assets 2019: $659,775,1982019Assets 2020: $830,773,806Liabilities 2020: $171,920,152Net Assets 2020: $658,853,6542020Assets 2021: $1,033,562,980Liabilities 2021: $167,550,739Net Assets 2021: $866,012,2412021Assets 2022: $1,011,067,544Liabilities 2022: $181,952,607Net Assets 2022: $829,114,9372022Assets 2023: $1,040,957,477Liabilities 2023: $177,665,295Net Assets 2023: $863,292,1822023Assets 2024: $1,135,702,740Liabilities 2024: $180,387,429Net Assets 2024: $955,315,3112024

Highlighted filing

2024

Assets$1,135,702,740
Liabilities$180,387,429
Net Assets$955,315,311

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2011: $93,341,8332011Revenue 2012: $113,962,256Expenses 2012: $108,040,978Net Income 2012: $5,921,2782012Expenses 2013: $102,321,1302013Revenue 2014: $107,238,816Expenses 2014: $107,860,597Net Income 2014: -$621,7812014Revenue 2015: $117,547,758Expenses 2015: $111,132,906Net Income 2015: $6,414,8522015Revenue 2016: $143,688,293Expenses 2016: $120,729,420Net Income 2016: $22,958,8732016Revenue 2017: $104,356,342Expenses 2017: $119,453,363Net Income 2017: -$15,097,0212017Revenue 2018: $116,460,019Expenses 2018: $121,951,143Net Income 2018: -$5,491,1242018Revenue 2019: $138,047,561Expenses 2019: $131,652,934Net Income 2019: $6,394,6272019Revenue 2020: $130,106,013Expenses 2020: $135,687,187Net Income 2020: -$5,581,1742020Revenue 2021: $135,489,826Expenses 2021: $129,618,956Net Income 2021: $5,870,8702021Revenue 2022: $184,823,009Expenses 2022: $146,361,428Net Income 2022: $38,461,5812022Revenue 2023: $150,353,460Expenses 2023: $152,129,700Net Income 2023: -$1,776,2402023Revenue 2024: $204,695,513Expenses 2024: $158,238,547Net Income 2024: $46,456,9662024

Highlighted filing

2024

Revenue$204,695,513
Expenses$158,238,547
Net Income$46,456,966

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,136$180$955$205$158$46.5
2023Summary only. Only limited summary data is available for this year.$1,041$178$863$150$152$1.78
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,011$182$829$185$146$38.5
2021Summary only. Only limited summary data is available for this year.$1,034$168$866$135$130$5.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$831$172$659$130$136$5.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$827$167$660$138$132$6.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$820$165$655$116$122$5.49
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$752$134$618$104$119$15.1
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$710$136$574$144$121$23.0
2015Detailed filing. Detailed filing data is available for this year.$746$133$613$118$111$6.41
2014Summary only. Only limited summary data is available for this year.$746$134$612$107$108$0.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$666$125$541$102
2012Summary only. Only limited summary data is available for this year.$623$124$499$114$108$5.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$592$115$476$93.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 17, 2025
Return Version
2023v6.0
Gross Receipts
$309,340,719
Mission and Program Overview

Mission

The mission of Reed College is to provide education in the liberal arts and sciences.

Provide education in the liberal arts and sciences

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$671,740,531$775,150,072▲ $103,409,541
Land, Buildings, and Equipment, Net$169,073,868$182,684,600▲ $13,610,732
Investments in Publicly Traded Securities$171,373,929$144,072,996▼ $27,300,933
Savings and Temporary Cash Investments$11,221,978$21,400,328▲ $10,178,350
Pledges and Grants Receivable$4,163,599$4,530,856▲ $367,257
Accounts Receivable$2,607,385$1,604,836▼ $1,002,549
Other Notes and Loans Receivable, Net$1,644,425$1,488,593▼ $155,832
Prepaid Expenses and Deferred Charges$1,411,946$848,266▼ $563,680
Receivables From Officers Etc$45,699$39,949▼ $5,750
Cash and Non-Interest-Bearing Accounts$43,703$35,429▼ $8,274
Receivable From Disqualified Prsn$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,040,957,477$1,135,702,740▲ $94,745,263
Other Assets Total$7,630,414$3,846,815▼ $3,783,599
Liabilities
Mortgage Notes Payable Secured by Investment Property$123,928,790$123,966,202▲ $37,412
Other Liabilities$42,598,665$44,278,192▲ $1,679,527
Accounts Payable and Accrued Expenses$9,354,865$11,121,604▲ $1,766,739
Deferred Revenue$1,782,975$1,021,431▼ $761,544
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$177,665,295$180,387,429▲ $2,722,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$467,513,696$509,145,769▲ $41,632,073
Net Assets With Donor Restrictions$395,778,486$446,169,542▲ $50,391,056
Total Net Assets Fund Balance$863,292,182$955,315,311▲ $92,023,129
Total Liabilities and Net Assets / Fund Balance$1,040,957,477$1,135,702,740▲ $94,745,263

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$141,932,225$120,477,477$262,409,702
Other Land Buildings$24,209,889$0$24,209,889
Equipment$1,765,124$18,154,177$19,919,301
Land$14,777,362-$14,777,362
Leasehold Improvements$0$0$0
Other Securities$775,150,072--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$720,867,118$9,214,767▲ $96,958,900$23,709,891$790,961,122
2022$696,435,203$10,905,209▲ $46,718,662$21,895,500$720,867,118
2021$747,245,126$8,981,442▼ $29,276,734$20,216,123$696,435,203
2020$545,093,997$3,583,571▲ $228,220,147$19,705,050$747,245,126
2019$552,893,342$10,392,051▲ $10,802,125$19,215,535$545,093,997
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey BilgerPresidentFT$586,664$135,682$722,346
Erik BernhardtChief Investment OfficerFT$369,009$118,975$487,984
Hugh PorterVice President for College Relations and PlanningFT$414,232$56,448$470,680
Lynn ValenterVice President of Finance and TreasurerFT$367,657$52,383$420,040
Kathryn OlesonDean of the FacultyFT$249,710$46,221$295,931
Milyon TruloveVice President and Dean of Admission and Financial AidFT$241,577$48,853$290,430
Valerie MorenoChief Information & Security OfficerFT$235,608$41,729$277,337
Andrew LonerganDirector of InvestmentsFT$197,054$74,997$272,051
Karnell McConnell-BlackVice President for Student LifeFT$226,879$32,877$259,756
Phyllis EspositoVice President and Dean for Institutional DiversityFT$206,975$39,180$246,155
Robert TustAssociate Treasurer and ControllerFT$201,741$41,473$243,214
Sheena McFarlandExecutive Director Public Affairs & CommunicationsFT$191,667$49,991$241,658
Sarah PanettaExecutive Director of AdvancementFT$201,670$35,160$236,830

Highest Paid Contractors

ContractorServicesLocationCompensation
Fortis Construction IncConstruction1705 SW Taylor St Ste 200, 2730 Sand Hill Road, Portland, OR 97205, Gm$16,172,443
Bon AppetitFood serviceSuite 100, Menlo Park, CA 94025$5,909,003
HMS Commercial Service IncLibrary services and subcriptions4103 SE International Way Ste 303, Portland, OR 97222$1,850,091
Reimers & Jolivette IncConstruction2344 NW 24th Ave, Portland, OR 97210-2132$1,473,679
-Construction-$1,429,183
Revenue and Support

Revenue Composition

Contributions and Grants
$34,644,039
Program Service Revenue
$117,016,245
Investment Income
$52,927,966
Other Revenue
$107,263
All Other Contributions
$31,985,363
Change in Net Assets
$46,456,966

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded58$16,803,352market value
Total Noncash Contributions58$16,803,352-

Audited Revenue Reconciliation

Revenue per Audited Statements
$163,473,424
Revenue Not Reported on Financial Statements
$41,222,089
Revenue Not Reported on Form 990
$47,623,345
Other Revenue Adjustments
$41,222,089
Total Revenue per Audited Statements
$211,096,769
Total Revenue per Form 990
$204,695,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$68,971,326
Other Expenses$48,191,411
Grants and Similar Amounts Paid$41,032,815
Total Fundraising Expense$6,020,856
Professional Fundraising Fees$42,995

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,038,282$2,671,820$3,030,150$45,740,252
Grants to Domestic Individuals$41,032,815--$41,032,815
Fees for Services Other$13,952,973$775,246$216,805$14,945,024
Other Employee Benefits$10,562,212$1,059,188$918,154$12,539,554
Depreciation Depletion$6,901,689$317,894$56,677$7,276,260
Office Expenses$6,709,557$221,612$168,471$7,099,640
Interest$4,752,759$235,295$41,950$5,030,004
Pension Plan Contributions$3,618,110$362,827$314,516$4,295,453
All Other Expenses$443,548$3,730,681$18,470$4,192,699
Payroll Taxes$2,972,097$298,045$258,359$3,528,501
Current Officers, Directors, Trustees, and Key Employees$904,649$1,433,973$528,944$2,867,566
Occupancy$2,665,623$44,027$7,832$2,717,482
Travel$2,023,699$188,073$321,287$2,533,059
Information Technology$1,977,812$164,195$84,244$2,226,251
Insurance$648,846$963,576$106$1,612,528
Fees for Services Legal$296,596$27,962$11,896$336,454
Fees for Services Accounting$1,762$220,248$0$222,010
Fees for Services Professional Fundraising--$42,995$42,995
Total Functional Expenses$139,503,029$12,714,662$6,020,856$158,238,547

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$158,238,547
Expenses per Audited Statements$119,087,224
Total Expenses per Audited Statements$119,087,224
Expenses Not Reported on Financial Statements$39,151,323
Other Expense Adjustments$39,151,323
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$33,725,270

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$22,055,658
Europe (including Iceland and Greenland)Investments-00$8,207,652
East Asia and the PacificInvestments-00$2,138,479
South AsiaInvestments-00$1,323,481
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$42,995
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$45,699$39,949▼ $5,750
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement benefits payable$25,314,420
Liability for split-interest agreements$11,734,777
Asset retirement obligation$6,355,261
Refundable loan programs$542,303
Other$331,431
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

An electronic draft of the Form 990 is provided to the Audit Committee of the Board of Trustees. The committee reviews, discusses, and provides input to management. After the Audit Committee accepts the Form 990, it is made available to all trustees for review. After any further trustee questions are resolved and a final copy of the return has been provided to the entire board, the Form 990 is filed. A summary of Schedule B rather than the full schedule was distributed to the Audit committee and the entire board to maintain donor confidentiality.

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

Reed requires all officers and institutional trustees to complete a conflict of interest form annually. The form includes the college's conflict of interest policy and asks each individual about the existence of conflicts of interest. If a conflict of interest exists the officer or trustee is asked to describe the situation in their response. These forms are reviewed by the Vice-President of Finance and Treasurer, and the Chair of the Audit Committee of the Board. Persons with a conflict are prohibited from participating in the Board and officer deliberations and decisions in those transactions.

Form 990, Part VI, Section B, Line 15

The Executive Committee, which is comprised of independent Trustees and which functions as the College's compensation committee, annually reviews presidential and officer compensation data from comparable colleges along with other data provided by the Human Resources Office. They also conduct an annual performance evaluation of the President and review of salary changes proposed by the President for other officers. Any changes in the President's compensation are approved by the Executive Committee, and communicated by the Chair of the Board of Trustees in writing to the President. These reviews are completed in June of each year.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request. Conflict of interest policy and financial statements are available on the College's Office of the Treasurer website.

Filing and Contact Details

Filer

Filer Name
Reed Institute
EIN
93-0386908
Phone
5037777505
Address
3203 SE Woodstock Blvd, Portland, OR 97202-8199
Doing Business As
Reed College

Signing Officer

Name
Robert Tust
Title
Associate Treasurer and Controller
Phone
5037777505
Signed
2025-02-17

Organization Details

Principal Officer
Robert Tust
Formed
1908
Legal Domicile
Or
Voting Board Members
32
Independent Board Members
31
Employees
1,775
Volunteers
1,027
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Post retirement benefit, net of service cost.

Financial Statement Notes

Schedule D, Part V, Line 4

The college's endowment funds are used for scholarships, chairs, academic support, library support, student services, and general operating support.

Schedule D, Part X, Line 2

The Internal Revenue Service has recognized Reed College as exempt from tax under provisions of Section 501(a) as an organization described under Section 501(c)(3) of the Internal Revenue Code, except to the extent of unrelated business income under Sections 511 through 515 and certain excise tax programs on investment income. Management believes that unrelated business income tax, if any, is immaterial, and therefore, no tax provision has been made. The College accounts for income taxes in accordance with FASB ASC Subtopic 740-10, Income Taxes - Overall, which clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a threshold of more likely than not for recognition of tax benefits of uncertain tax positions taken or expected to be taken in a tax return.

Schedule D, Part XI, Line 4B

Scholarships $39,503,142; Net periodic benefit cost, excluding service cost $2,057,182;Rental expenses -$380,619; Grayco $42,384

Schedule D, Part XII, Line 4B

Scholarships $39,503,142; Rental expenses -$380,619; Grayco $28,800

Raw XML AppendixShowing 400 of 1,483 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09354865
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011121604
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IRS990/AccountsReceivableGrp/EOYAmt01604836
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide education in the liberal arts and sciences
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IRS990/AllOtherExpensesGrp/FundraisingAmt018470
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IRS990/AllOtherExpensesGrp/ProgramServicesAmt0443548
IRS990/AllOtherExpensesGrp/TotalAmt04192699
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Lynn Valenter
IRS990/BooksInCareOfDetail/PhoneNum05037777240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0Vice President and Treasurer
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt03203 SE Woodstock Blvd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Portland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1Suite 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt24103 SE International Way Ste 303
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt32344 NW 24th Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt02730 Sand Hill Road
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Portland
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Menlo Park
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Portland
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Portland
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3OR
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd3972102132
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IRS990/Form990PartVIISectionAGrp/PersonNm1Erik Bernhardt
IRS990/Form990PartVIISectionAGrp/PersonNm2Hugh Porter
IRS990/Form990PartVIISectionAGrp/PersonNm3Lynn Valenter
IRS990/Form990PartVIISectionAGrp/PersonNm4Kathryn Oleson
IRS990/Form990PartVIISectionAGrp/PersonNm5Milyon Trulove
IRS990/Form990PartVIISectionAGrp/PersonNm6Valerie Moreno
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IRS990/Form990PartVIISectionAGrp/PersonNm8Karnell McConnell-Black
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IRS990/Form990PartVIISectionAGrp/PersonNm10Robert Tust
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IRS990/Form990PartVIISectionAGrp/PersonNm30Winthrop 'Win' McCormack
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IRS990/Form990PartVIISectionAGrp/PersonNm32Eduardo M Ochoa '73
IRS990/Form990PartVIISectionAGrp/PersonNm33Ritankar 'Ronti' Pal '93
IRS990/Form990PartVIISectionAGrp/PersonNm34Darlene D Pasieczny '01
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IRS990/Form990PartVIISectionAGrp/PersonNm36Gary Rieschel '79
IRS990/Form990PartVIISectionAGrp/PersonNm37Lisa Saldana '94
IRS990/Form990PartVIISectionAGrp/PersonNm38John P Sheehy '82
IRS990/Form990PartVIISectionAGrp/PersonNm39Tina Sohaili-Korbonits '07
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IRS990/Form990PartVIISectionAGrp/PersonNm41Alice Larkin Steiner '74
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IRS990/Form990PartVIISectionAGrp/PersonNm43Richard 'Rick' H Wollenberg '75
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