Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2012
Open to Public Inspection
A For the 2012 calendar year, or tax year beginning 07-01-2012 , 2012, and ending 06-30-2013
BCheck if applicable:
CName of organization
Lafayette College
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
730 High St 202 Markle Hall
Suite
Room/suite
City or town, state or country, and ZIP + 4
Easton, PA180421779
D Employer identification number

24-0795686
E Telephone number

G Gross receipts $ 317,277,267
F Name and address of principal officer:
Dr Alison Byerly President
730 High St 316 Markle Hall
Easton,PA180421779
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.lafayette.edu
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1826
M State of legal domicile: PA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: Provision of educational services as an accredited four-year undergraduate college.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 33
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 32
5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) ...... 5 2,454
6 Total number of volunteers (estimate if necessary) ............. 6 3,101
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -2,513,637
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -2,686,518
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 25,317,229 23,448,552
9 Program service revenue (Part VIII, line 2g) ......... 127,367,634 132,259,608
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 32,586,302 56,938,067
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 1,392,496 1,653,152
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 186,663,661 214,299,379
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 36,009,489 36,910,622
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 74,031,927 77,113,834
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 58,252 93,278
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet4,030,000    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 69,426,421 65,996,416
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 179,526,089 180,114,150
19 Revenue less expenses. Subtract line 18 from line 12....... 7,137,572 34,185,229
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 1,006,873,292 1,068,647,504
21 Total liabilities (Part X, line 26)............. 281,682,757 273,864,169
22 Net assets or fund balances. Subtract line 21 from line 20..... 725,190,535 794,783,335
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2012)
Form 990 (2012)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III ...............
1
Briefly describe the organization’s mission: In an environment that fosters the free exchange of ideas, Lafayette College seeks to nurture the inquiring mind and to integrate intellectual, social, and personal growth. The College strives to develop students skills of critical thinking, verbal communication, and quantitative reasoning and their capacity for creative endeavor; it encourages students to examine the traditions of their own culture and those of others; to develop systems of values that include an understanding of personal, social, and professional responsibility; and to regard education as an indispensable, lifelong process.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If “Yes,” describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 133,843,277 including grants of $ 36,910,622 ) (Revenue $ 107,159,442 )
Lafayette College is a liberal arts college offering Bachelor of Arts and Bachelor of Science degrees in disciplines housed in four broad divisions - Humanities, Engineering Natural Sciences, and Social Sciences. In Fall 2012, the 2,488 students who were enrolled full time at Lafayette hailed from 44 states and over 50 countries - 92% of whom lived on campus. The College is committed to meeting 100% of demonstrated need for its families, mostly through grant-based scholarship, but also through loans and student employment. Approximately 50% of Lafayette students receive financial aid from the College. A Lafayette education includes an intimate academic experience with a published student-to-faculty ratio of less than 11 to 1. Of the 217 full-time faculty, 214 hold a doctorate or other terminal degree. 589 students were awarded an undergraduate degree in the Spring of 2013 and over 90% of students who enroll at Lafayette graduate and 89% do so within four years. In addition, 95% of the College's graduates are employed, in graduate school, or have secured internships within 6 months after graduation. More than half of the College's students (53%) have studied abroad by the senior year and 79% have participated in community service and volunteer work by the time they graduate.
4b (Code:   ) (Expenses $ 21,918,035 including grants of $ 0 ) (Revenue $ 25,100,166 )
As a residential college, Lafayette students compliment their academic scholarship with a myriad of opportunities to connect with one another and learn from the large world represented on the College's campus. Approximately 92% of the College's full time students live on campus. As part of their experience at a residential college, Lafayette students are deeply engaged academically and have significant opportunities to engage in a vast offering of extracurricular and co-curricular possibilities. Lafayette College offers more than 250 student clubs and organizations, 23 NCAA Division 1 athletic programs, and numerous experiences in the fine arts and performing arts all of which are complimented by a strong student life program that enhances the Lafayette experience beyond the classroom.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet155,761,312
Form 990 (2012)
Form 990 (2012)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If “Yes,” complete Schedule C, Part II........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C,
Part III............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,” complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If “Yes,” complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part XClick to see attachment.........................
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI and XII Click to see attachment.................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule EClick to see attachment....
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the United States? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the United States? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I (see instructions).... Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If “Yes,” complete Schedule H....
20a
 
No
b
If “Yes” to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2012)
Form 990 (2012)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I........ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................... Click to see attachment
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highest compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II.......................... Click to see attachment
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III......... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV..................... Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If “Yes,” complete Schedule L, Part IV... Click to see attachment
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............. Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Part II, III, or IV, and Part V, line 1........................
34
 
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
 
No
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2...
35b
 
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2012)
Form 990 (2012)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V ...............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
4,637
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
2,454
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletCJ , UK
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes,” to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2012)
Form 990 (2012)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI ...............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
33
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
32
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
PA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletSTEPHEN A SCHAFER730 HIGH ST 202 MARKLE HALLEastonPA18042 (610) 330-5136
Form 990 (2012)
Form 990 (2012)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII ...............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Edward W Ahart........................................................................
Chair
 5.0
.......................   		X           0 0 0
(2) Stephen D Pryor........................................................................
Vice Chair
 5.0
.......................   		X           0 0 0
(3) Nancy J Kuenstner........................................................................
Secretary
 5.0
.......................   		X           0 0 0
(4) Susan B Carras........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(5) Joseph T Cox........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(6) Alan R Griffith........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(7) George M Jenkins........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(8) Harold N Kamine........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(9) Barbara Levy........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(10) Elisabeth H MacDonald........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(11) Bruce Maggin........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(12) Angel L Mendez........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(13) David M Roth........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(14) J Peter Simon........................................................................
Executive Committee
 3.0
.......................   		X           0 0 0
(15) Carl G Anderson Jr........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(16) James R Birle Jr........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(17) Samuel R Chapin........................................................................
Trustee
 2.0
.......................   		X           0 0 0
Form 990 (2012)
Form 990 (2012)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) Sylvia Daniels Weaver........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(19) James R Fisher........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(20) John A Fry........................................................................
Trustee
 2.0
.......................   		X                
(21) Brent D Glass........................................................................
Trustee
 3.0
.......................   		X           0 0 0
(22) Michael C Heaney........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(23) Leo A Helmers........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(24) Judson C Linville........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(25) Douglas R Marvin Esq........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(26) Paul F McCurdy Esq........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(27) Donald E Morel Jr........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(28) J B Reilly........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(29) S Kent Rockwell........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(30) Alma R Scott-Buczak........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(31) Robert E Sell........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(32) Mary Stengel Austen........................................................................
Trustee
 2.0
.......................   		X           0 0 0
(33) Daniel H Weiss........................................................................
President & Trustee
 50.0
.......................   		X   X       548,954 0 84,207
(34) Wendy L Hill........................................................................
Provost
 50.0
.......................   		    X       277,556 0 58,874
(35) James W Dicker........................................................................
VP Development & relations
 50.0
.......................   		    X       310,799 0 37,950
(36) Annette Diorio........................................................................
VP of Campus Life/Sr diversity
 50.0
.......................   		    X       120,234 0 17,246
(37) Celestino J Limas........................................................................
VP of Campus Life/sr diversity
 50.0
.......................   		    X       321,906 0 47,213
(38) Robert J Massa........................................................................
VP Communications
 50.0
.......................   		    X       224,206 0 27,721
(39) Leslie F Muhlfelder........................................................................
VP Human Res & General Counsel
 50.0
.......................   		    X       236,188 0 36,596
(40) Mitchell L Wein........................................................................
VP Finance & Admin/Treasuer
 50.0
.......................   		    X       329,204 0 38,210
(41) Paul H Zimmerman........................................................................
Special Assist. to Controller
 45.0
.......................   		        X   234,291 0 16,042
(42) John Kincaid........................................................................
Professor/Director-Meyner Ctr
 45.0
.......................   		        X   196,752 0 24,976
(43) James F Krivoski........................................................................
Exec. Asst. to Pres/Admin Sec.
 45.0
.......................   		        X   180,255 0 23,348
(44) Bruce A Murphy........................................................................
Kirby Professor of Gov & Law
 45.0
.......................   		        X   197,947 0 32,056
(45) Francis B O'Hanlon........................................................................
Head Mens Basketball Coach
 45.0
.......................   		        X   213,952 0 99,135
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 3,392,244 0 543,574
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet113
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Sodexo Inc Affiliates, PO Box 360170PITTSBURGHPA15251 Dining Services 6,964,910
Whiting-Turner Contracting Co, PO Box 17596BALTIMOREMD21297 Construction 4,073,414
Miller Miller Mclachlan Construct, 1249 Newport AvenueNORTHAMPTONPA18067 Construction 2,939,183
AS Gale Construction Inc, 9107 N Delaware DriveBANGORPA18013 Construction 718,319
IES, 33 W Monroe Street Suite 2300CHICAGOIL60603 Engineering 568,035
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet20
Form 990 (2012)
Form 990 (2012)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response to any question in this Part VIII ..............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, Gifts, Grants and Other Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 44,901
d Related organizations...1d  
e Government grants (contributions)1e 1,778,196
f All other contributions, gifts, grants, and
similar amounts not included above1f 		21,625,455
g Noncash contributions included in lines
1a-1f:$ 		2,939,942
h Total. Add lines 1a-1f.......MediumBullet 23,448,552
Program Service Revenue Business Code
2a TUITION & FEES 900099 104,906,204 104,906,204    
b AUXILIARY SERVICES 900099 25,100,166 25,100,166    
c ATHLETICS/SPORTS NETWORK 900099 1,458,425 1,458,425    
d JOHNS HOPKINS CTY 900099 794,813 794,813    
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 132,259,608
Other Revenue 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 9,532,633   -2,640,061 12,172,694
4 Income from investment of tax-exempt bond proceeds..MediumBullet 0      
5 Royalties...........MediumBullet 0      
(i) Real (ii) Personal
6a Gross rents 668,500  
b Less: rental expenses 619,365  
c Rental income or (loss) 49,135 0
d Net rental income or (loss).......MediumBullet 49,135     49,135
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 147,870,367 2,904
b Less: cost or other basis and sales expenses 100,467,837  
c Gain or (loss) 47,402,530 2,904
d Net gain or (loss)..........MediumBullet 47,405,434   71,258 47,334,176
8a Gross income from fundraising events (not including
$ 44,901
of contributions reported on line 1c). See Part IV, line 18 ..
a 75,871
b Less: direct expenses ...b 51,184
c Net income or (loss) from fundraising events..MediumBullet 24,687   24,687
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a 1,993,248
b Less: cost of goods sold ..b 1,839,502
c Net income or (loss) from sales of inventory..MediumBullet 153,746   30,166 123,580
Miscellaneous Revenue Business Code
11a FEES, FINES AND COST RECOVERY 900099 504,615     504,615
b MISCELLANEOUS 900099 920,969   25,000 895,969
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 1,425,584
12 Total revenue. See Instructions......MediumBullet 214,299,379 132,259,608 -2,513,637 61,104,856
Form 990 (2012)
Form 990 (2012)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response to any question in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 102,333 102,333
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 36,808,289 36,808,289
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 2,489,761 437,691 1,740,093 311,977
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 54,233,519 40,601,022 11,623,530 2,008,967
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 4,585,622 3,201,570 1,197,015 187,037
9 Other employee benefits ....... 11,852,264 8,332,689 3,043,950 475,625
10 Payroll taxes ........... 3,952,668 2,782,122 1,012,362 158,184
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 315,084   312,588 2,496
c Accounting ........... 236,411   236,411  
d Lobbying ........... 0      
e Professional fundraising services. See Part IV, line 17 93,278 93,278
f Investment management fees ...... 2,524,257   2,524,257  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 9,819,507 6,340,844 3,478,663  
12 Advertising and promotion .... 134,972 84,020 50,952  
13 Office expenses ....... 3,038,598 2,030,775 735,241 272,582
14 Information technology ...... 1,344,835 1,255,160 87,520 2,155
15 Royalties .. 0      
16 Occupancy ........... 4,766,256 2,234,855 2,531,401  
17 Travel ............ 6,282,141 5,303,252 784,519 194,370
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 1,018,574 579,895 275,701 162,978
20 Interest ........... 7,574,452 7,553,062 17,044 4,346
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 13,576,129 13,250,492 325,637  
23 Insurance .............. 990,270 396,373 588,781 5,116
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a AUXILIARY SERVICES 7,198,737 7,198,737    
b NON-OFFICE SUPPLIES 3,403,876 1,983,750 1,301,403 118,723
c ALLOC OF INDIRECT OVERHEAD   12,485,956 -12,497,840 11,884
d OTHER EXPENSES 3,772,317 2,798,425 953,610 20,282
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 180,114,150 155,761,312 20,322,838 4,030,000
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2012)
Form 990 (2012)
Page 11
Part X Balance Sheet Check if Schedule O contains a response to any question in this Part X ...............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ............. 17,143 1 11,816
2 Savings and temporary cash investments ......... 47,162,130 2 63,850,703
3 Pledges and grants receivable, net ........... 10,389,670 3 12,813,437
4 Accounts receivable, net ............. 1,646,140 4 1,358,300
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 4,502,629 7 4,143,702
8 Inventories for sale or use .............. 657,972 8 634,403
9 Prepaid expenses and deferred charges .......... 4,594,051 9 2,527,035
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 464,509,593
b Less: accumulated depreciation ..... 10b 208,580,364 255,744,187 10c 255,929,229
11 Investments—publicly traded securities .......... 247,602,387 11 298,583,350
12 Investments—other securities. See Part IV, line 11 ..... 422,416,713 12 424,388,959
13 Investments—program-related. See Part IV, line 11 ..... 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 12,140,270 15 4,406,570
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 1,006,873,292 16 1,068,647,504
Liabilities 17 Accounts payable and accrued expenses ......... 9,748,133 17 10,512,474
18 Grants payable ................. 2,024,586 18 2,040,610
19 Deferred revenue ................ 5,732,373 19 6,767,295
20 Tax-exempt bond liabilities ............. 170,331,308 20 169,874,011
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 2,866,661 23 3,274,211
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 90,979,696 25 81,395,568
26 Total liabilities. Add lines 17 through 25......... 281,682,757 26 273,864,169
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 223,608,141 27 246,164,007
28 Temporarily restricted net assets ........... 236,320,296 28 263,656,272
29 Permanently restricted net assets ........... 265,262,098 29 284,963,056
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 725,190,535 33 794,783,335
34 Total liabilities and net assets/fund balances ........ 1,006,873,292 34 1,068,647,504
Form 990 (2012)
Form 990 (2012)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI ...............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
214,299,379
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
180,114,150
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
34,185,229
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
725,190,535
5
Net unrealized gains (losses) on investments ...............
5
29,917,948
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
5,489,623
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
794,783,335
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII ..............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If “Yes,” to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits
3b
Yes
 
Form 990 (2012)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public support. Subtract line 5 from line 4.            
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 4
Part IV
Supplemental Information. Complete this part to provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2012

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2012
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet   $    
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 2
Name of organization
Lafayette College
  		Employer identification number

24-0795686
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 3
Name of organization
Lafayette College
  		Employer identification number

24-0795686
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 4
Name of organization
Lafayette College
  		Employer identification number

24-0795686
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $ 76,795
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $ 2,870,829
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 681,536,166 688,870,101 609,602,972 562,015,101 707,312,579
b Contributions ........ 12,952,840 17,780,488 12,832,458 2,968,035 9,312,825
c Net investment earnings, gains, and losses 86,688,907 4,972,499 96,467,560 74,861,818 -124,340,445
d Grants or scholarships ..... 6,912,692 7,228,214 7,952,953 8,142,053 8,848,524
e Other expenditures for facilities
and programs ........ 		22,709,903 20,714,321 20,300,252 20,624,424 19,761,786
f Administrative expenses .... 2,524,257 2,144,387 1,779,684 1,475,505 1,659,548
g End of year balance ...... 749,031,061 681,536,166 688,870,101 609,602,972 562,015,101
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet27.880 %
b
Permanent endowment SchDMd Bullet38.040 %
c
Temporarily restricted endowment SchDMd Bullet34.080 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
Yes
 
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   4,153,852 4,153,852
b Buildings ................   328,367,974 123,309,305 205,058,669
c Leasehold improvements ............   47,505,593 16,790,538 30,715,055
d Equipment ................   77,833,027 66,945,717 10,887,310
e Other .................   6,649,147 1,534,804 5,114,343
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 255,929,229
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives 10,472,916 F
(2)Closely-held equity interests    
(3)Other
(A) EQUITY INSTIT. MUTUTAL FUNDS 		113,705,067 F

(B) EVENT DRIVEN/DISTRESSED 		20,937,202 F

(C) LONG/SHORT EQUITY 		32,030,593 F

(D) MULTI-STRAGEGY/ABSOLUTE RETURN 		108,042,493 F

(E) OPPORTUNISTIC FIXED INCOME 		55,145,561 F

(F) REAL ESTATE 		24,187,980 F

(G) PRIVATE EQUITY 		59,867,147 F


Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 424,388,959
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
INT RATE HEDGE/SWAP AGREEMENTS 14,406,026
ASSET RETIREMENT LIABILITY 1,560,618
ANNUITIES PAYABLE 19,982,924
POSTRETIREMENT BENEFITS 45,446,000





Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 81,395,568
2. Fin 48 (ASC 740) Footnote. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII .....................................................
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 213,013,026
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 29,917,948
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d -31,190,095
e Add lines 2a through 2d ..................... 2e -1,272,147
3 Subtract line 2e from line 1..................... 3 214,285,173
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 2,524,257
b Other (Describe in Part XIII.) ........... 4b -2,510,051
c Add lines 4a and 4b....................... 4c 14,206
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 214,299,379
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ........... 1 143,420,226
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d 2,510,051
e Add lines 2a through 2d...................... 2e 2,510,051
3 Subtract line 2e from line 1..................... 3 140,910,175
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 2,524,257
b Other (Describe in Part XIII.) ............ 4b 36,679,718
c Add lines 4a and 4b....................... 4c 39,203,975
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 180,114,150
Part XIII
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
COLLECTIONS OF ART, HISTORICAL TREASURES, ETC. FORM 990, SCHEDULE D, PART III, LINE 4 Among the rich resources provided for students is a fine, small art collection. The collection includes eighteenth-through early twenty-first century American and European paintings, prints, and sculpture; vintage photographs; and contemporary American sculpture and paintings. Recent acquisitions build on the strength of the existing collections. The Mission Statement for the art collections is to document, preserve for future generations, exhibit, and make accessible the College's art collection to the students, public, and scholars through exhibitions, publications, reproductions, and by granting access for research purposes. The administration of the art collection complies with museum-field wide standards of care (see American Alliance of Museums, AAM). Students have curated exhibitions from the collections; when appropriate, artwork is loaned to other institutions for exhibitions of scholarly importance; images of artwork are readily available for reproductions in commercial (ex: text books) and academic-scholarly publications (generally at no charge or a nominal fee). The Lafayette College's special collections and college archives are home to approximately 20,000 rare books and more than 2,000 cubic feet of manuscripts and archives. The holdings include manuscripts, rare books, prints and memorabilia relating to the Marquis de Lafayette; rare book collections on Stephen Crane, angling, miniature books, and artists' books; papers of former Treasury Secretary William E. Simon, New Jersey Governor Robert B. Meyner and Congresswoman Helen Meyner; the early records of the Easton-based Dixie Cup Company and the papers of noted illustrator and artist Howard Chandler Christy. The college archives serves as the repository for the records of Lafayette College, dating back to the founding of the College in 1824-1826. It is charged with records management responsibilities for current college records. The archives also include more than 50,000 photographs, audio-visual recordings, and objects that document the college's history. LAFAYETTE COLLEGE MINERAL COLLECTION The Department of Geology and Environmental Geoscience houses the College's mineral, gem, and fossil collection that consists of more than 10,000 specimens. The collection was started over a century ago and has grown through the gift of many private collections. The collection is housed in Van Wickle Hall and a large number of specimens are on display in the Geology Museum in the center of Van Wickle Hall. The collection is managed by a professional curator who works part time to curate the collection and cycle minerals from storage through the display cases. The growth and maintenance of the collection is partially supported by an endowed fund gifted by John Pohl along with the donation of his mineral collection in 1952. The collection has grown significantly during the past 10 years donations totaling more than 1,000 specimens from several donors. The centerpiece of the collection is a two-ton piece of Orbicular Granodiorite quarried in Western Australia. The granitoid formed in a magma chamber 2.7 billion years ago and the orbicular texture earned it the informal name of, the leopard rock. The collection is enjoyed by the Lafayette community, elementary and secondary students, youth groups, and the community at large.
ENDOWMENT INVESTMENT GUIDELINES FORM 990, SCHEDULE D, PART V The intent of the College's investment guidelines for its endowment is to provide a predictable stream of funding to the College's programs from the endowment while seeking to maintain the purchasing power of the endowment assets. The College's endowment consists of approximately 1,300 endowed funds that are established for a variety of purposes. Endowment contributions include gifts as well as transfers to Board designated endowment funds. Earnings on endowment funds are designated for scholarships, professorships, chairs, student loans, instructional programs, library purchases, general operations, and other designated purposes.
FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 A tax position is recognized or derecognized by the College based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The College does not believe its financial statements include uncertain tax positions.
RECONCILIATION OF Revenue FORM 990, SCHEDULE D, PART XI LINE 2D: FINANCIAL AID GRANTS TO STUDENTS (36,679,718) CHANGE IN ANNUITIES PAYABLE ESTIMATE 873,985 DISTRIB FROM PRINCIPAL TO FUND ANNUITIES PAYABLE (1,645,264) CHANGE IN MV OF INTEREST RATE SWAP AGREEMENTS 5,794,693 PROVISION FOR UNCOLLECTIBLE NON OP PLEDGES REC (247,891) CHANGE IN POSTRETIREMENT BENEFIT COST 2,461,000 VOLUNTARY RETIREMENT INCENTIVE - (FAC & NON FAC) (1,746,900) ---------- TOTAL LINE 2D: ($31,190,095) ============= LINE 4B: FUNDRAISING EXPENSES (51,184) RENTAL EXPENSES (619,365) COST OF GOODS SOLD (1,839,502) ----------- TOTAL LINE 4B ($2,510,051) ===========
RECONCILIATION OF Expenses FORM 990, SCHEDULE D, PART XII LINE 2D: FUNDRAISING EXPENSES 51,184 RENTAL EXPENSES 619,365 COST OF GOODS SOLD 1,839,502 ---------- TOTAL LINE 2D $2,510,051 ========== LINE 4B: FINANCIAL AID GRANTS TO STUDENTS 36,679,718 ----------- TOTAL LINE 4B $36,679,718 ===========
Schedule D (Form 990) 2012

Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)
Department of the TreasuryInternal Revenue Service
Schools
Right pointing arrow large imageComplete if the organization answered "Yes" to Form 990, Part IV, line 13,or Form 990-EZ, Part VI, line 48.Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? ......................
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? ......................................
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2012
Schedule E (Form 990 or 990EZ) 2012
Page 2
Part II
Supplemental Information. Complete this part to provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Identifier Return Reference Explanation
Racial Nondiscriminatory Policy Form 990, Schedule E, Part I, Line 3 The College's racial nondiscriminatory policy is publicized within the College's catalog which can be found at http://catalog.lafayette.edu/. In addition, the College has a separate Diversity and Inclusiveness Statement which is also included within the College's catalog at http://catalog.lafayette.edu/.
Financial Aid from a Governmental Agency Form 990, Schedule E, Part I, Line 6a The College receives financial aid and assistance from various Federal and State Governmental agencies under their respective student financial aid assistance programs. Federal grant programs include Pell Grants, Direct Loan Programs, Work-Study, the Perkins Loan Program, and Federal Supplemental Educational Opportunity Grants. State programs include the Pennsylvania Higher Education Assistance Agency. In addition, the College is awarded research grants and other project grants by various Federal and State agencies.
Schedule E (Form 990 or 990-EZ) 2012
Additional Data


Software ID:  
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SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
General Information on Activities Outside the United States. Complete if the organization answered “Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside
the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Central America and the Caribbean     Investments   199,598,565
North America     Investments   62,543,478
South America     Investments   24,484,748
Central America and the Caribbean     Program Services Academic Support 1,575
Central America and the Caribbean     Program Services Institutional Support 2,035
East Asia and the Pacific     Program Services Academic Support 2,187
East Asia and the Pacific     Program Services Instruction 17,332
East Asia and the Pacific     Program Services Research 2,154
Europe (Including Iceland and Greenland)     Program Services Academic Support 17,529
Europe (Including Iceland and Greenland)     Program Services Instruction 582,210
Europe (Including Iceland and Greenland)     Program Services Research 14,192
North America     Program Services Academic Support 33,679
North America     Program Services Institutional Support 52,897
North America     Program Services Instruction 44,898
North America     Program Services Research 7,397
North America     Program Services Student Services 72,200
South Asia     Program Services Instruction 722
3a Sub-total .....     287,477,798
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)     287,477,798
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2012
Schedule F (Form 990) 2012
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered “Yes” to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ....MediumBullet
 
3
Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2012
Schedule F (Form 990) 2012Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2012
Schedule F (Form 990) 2012
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If “Yes,”the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If “Yes,” the organizationmay be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................
Schedule F (Form 990) 2012
Schedule F (Form 990) 2012
Page 5
Part V
Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
Identifier ReturnReference Explanation
MISCELLANEOUS INFORMATION FORM 990, SCHEDULE F, PART 1, LINE 1 The amounts reported on Part I are identified on a reasonable efforts basis where such activities were not tracked separately under the College's accounting procedures. These reasonable efforts include reviews of financial records and interviews with College personnel. The majority of the Colleges expenditures outside of the United States are associated with the College's investment activities. In addition, the College expends funds outside of the United States on various study abroad programs. Students enrolled in study abroad programs pay their tuition and fees directly to Lafayette College and the College remits payments to the overseas program on behalf of the students. Any financial aid awarded to a student that may support the costs associated with their study abroad activities are credits to the student's account at the College.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2012
Additional Data


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Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. Form 990-EZ filers are not required to complete this part. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
WASHBURN MCGOLDRICK
950 New Loudon Road Suite 210
 
Latham, NY12110 		Consulting   No 0 38,631  
Harris Inc
c/o iModules Software PO Box 25572
 
Overland Park, KS66225 		Alumni Site   No 0 17,000  
Pentera Inc
8650 Commerce Park Place Suite G
 
Indianapolis, IN46268 		Mail Marketing   No 0 13,010  
Publishing Concepts Inc
4835 LBJ Freeway Suite 1100
 
Dallas, TX75244 		email soliciting   No 0 11,167  
Stockade Group Inc
650 Franklin Street
 
Schenectady, NY12305 		Phone Soliciting   No 3,300 6,800 -3,500
CBS Interactive Inc
24670 Network Place
 
Chicago, IL606731246 		Auction hosting Yes   35,197 6,670 28,527
             
             
             
             
Total .................right arrow 38,497 93,278 25,027
3
List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2012
Schedule G (Form 990 or 990-EZ) 2012
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

MC Golf fall
(event type) 		(b) Event #2

MC Golf Spring
(event type) 		(c) Other events

2
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 30,686 22,220 67,866 120,772
2 Less: Contributions . . 12,430 14,961 17,510 44,901
3 Gross income (line 1
minus line 2) . . . 		18,256 7,259 50,356 75,871
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . . 1,937 2,821   4,758
6 Rent/facility costs . . 12,476 10,383   22,859
7 Food and beverages . 6,810 807 7,096 14,713
8 Entertainment . . .        
9 Other direct expenses . 2,184   6,670 8,854
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 51,184
11 Net income summary. Combine line 3, column (d), and line 10. .......... right arrow 24,687
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2012
Schedule G (Form 990 or 990-EZ) 2012
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Complete this part to provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Identifier Return Reference Explanation
FORM 990, Schedule G, Part I, Line 3   NONE- AS AN ACCREDITED, LICENSED INSTITUTION OF HIGHER EDUCATION, THE COLLEGE BELEIVES IT IS GENERALLY EXEMPT FROM THE REGISTRATION PROVISIONS THAT REQUIRE ORGANIZATIONS SOLICITING FUNDS FOR CHARITABLE PURPOSES TO REGISTER.
Schedule G (Form 990 or 990-EZ) 2012
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
Lafayette College
 
Employer identification number
24-0795686
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) Lehigh University
524 Brodhead Avenue
Bethlehem,PA18015 		24-0795445 501(c)(3) 102,333       ARRA Subrecipient






















2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
1
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2012

Schedule I (Form 990) 2012
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) Institutional Scholarship Awards 1208   36,679,718 FMV credit student accts
(2) ACADEMIC PRIZES, AWARDS, FELLOWSHIPS, INTERSHIPS 146 128,571      










Part IV
Supplemental Information.
Complete this part to provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Identifier Return Reference Explanation
MONITORING OF GRANTS USED IN U.S. FORM 990, SCHEDULE I, PART I, LINE 2 Lafayette College maintains a policy defining its procedures for monitoring the use of sponsored funds by sub-recipients who are performing a portion of a sponsored project externally awarded to Lafayette. This policy provides guidance to ensure that sub-recipients conduct their portion of sponsored projects in compliance with the laws, regulations, terms and conditions of awards and sub awards, and that reimbursement costs incurred by sub-recipients are allowed. The College considers the awarding of financial aid (Primarily grants, scholarships, loans, and work-study) to its students, including non-resident alien students to be a U.S. based activity as students of the College are deemed to be living in the United States throughout their completion of the College's academic curriculum and supporting programs. The College awards scholarships and fellowships on the basis of merit and/or financial need. The section criteria is based on the calculated expected family contribution, which is derived by using complex formulas involving families' income, assets, and household sizes, including, among other factors, dependents in college. The College's financial aid office administers and monitors these awards to help ensure that these funds are awarded to eligible recipients in accordance with applicable Federal, State, and other requirements, as well as relevant internal College policies and operational guidelines. Academic prizes, awards, fellowship, and internships are awarded based on a review by the applicable academic department. All awarded scholarships and fellowships are credited to the student's account at the College and are applied to billed charges.
Schedule I (Form 990) 2012


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all officers,
directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? .......
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2012

Schedule J (Form 990) 2012
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)Daniel H WeissPresident & Trustee (i)
(ii)		 485,431
0 		0
0 		63,523
0 		23,750
0 		60,457
0 		633,161
0 		 
 
(2)Wendy L HillProvost (i)
(ii)		 263,181
0 		10,000
0 		4,375
0 		23,750
0 		35,124
0 		336,430
0 		 
 
(3)James W DickerVP Development & relations (i)
(ii)		 257,031
0 		10,000
0 		43,768
0 		23,750
0 		14,200
0 		348,749
0 		 
 
(4)Celestino J LimasVP of Campus Life/sr diversity (i)
(ii)		 130,507
0 		0
0 		191,399
0 		13,616
0 		33,597
0 		369,119
0 		 
 
(5)Robert J MassaVP Communications (i)
(ii)		 220,654
0 		0
0 		3,552
0 		21,014
0 		6,707
0 		251,927
0 		 
 
(6)Leslie F MuhlfelderVP Human Res & General Counsel (i)
(ii)		 231,242
0 		2,500
0 		2,446
0 		22,596
0 		14,000
0 		272,784
0 		 
 
(7)Mitchell L WeinVP Finance & Admin/Treasuer (i)
(ii)		 296,331
0 		15,000
0 		17,873
0 		23,750
0 		14,460
0 		367,414
0 		 
 
(8)Paul H ZimmermanSpecial Assist. to Controller (i)
(ii)		 146,021
0 		5,000
0 		83,270
0 		9,315
0 		6,727
0 		250,333
0 		 
 
(9)John KincaidProfessor/Director-Meyner Ctr (i)
(ii)		 194,396
0 		0
0 		2,356
0 		18,677
0 		6,299
0 		221,728
0 		 
 
(10)James F KrivoskiExec. Asst. to Pres/Admin Sec. (i)
(ii)		 174,837
0 		2,500
0 		2,918
0 		16,924
0 		6,424
0 		203,603
0 		 
 
(11)Bruce A MurphyKirby Professor of Gov & Law (i)
(ii)		 195,174
0 		0
0 		2,773
0 		18,865
0 		13,191
0 		230,003
0 		 
 
(12)Francis B O'HanlonHead Mens Basketball Coach (i)
(ii)		 209,235
0 		0
0 		4,717
0 		20,140
0 		78,995
0 		313,087
0 		 
 
Schedule J (Form 990) 2012

Schedule J (Form 990) 2012
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Identifier Return Reference Explanation
FORM 990, SCHEDULE J, PART I   First Class Travel - In general, it is the College's policy that first class travel is not authorized for employees traveling on College business. However, in rare circumstances exceptions may be considered for an extraordinary business justification and with prior approval. In one instance during the 2012 calendar year, the College President was approved for first class travel to accommodate the need for the President to be prepared to attend directly to business upon arrival from a cross country flight and the schedule did not allow time for adequate rest. Travel for Companions - In accordance with College policy, in instances with proper documentation for the business purpose fulfilled by the companion and any required prior approvals, the College will pay for travel expenses of a companion when the companion travel is 1] For a bona fide business purpose, and 2] Important to the achievement of the College's purposes that require the travel of the employee and companion. Tax Indemnification - During calendar year 2012, Daniel Weiss (President) received tax equalization payments of $8,664 and James Dicker (Vice President of Development and College Relations) received tax equalization payments of $14,509. These payments are in accordance with employment contracts and/or authorizations from the Board of Trustees and are specific to Daniel Weiss and James Dicker. Housing Allowance - As part of their employment contract and for the convenience of the College, a College-owned residence was provided to officers Daniel Weiss (President), Wendy Hill (Provost) and Celestino Limas (Vice President for Campus Life and Senior Diversity Officer) during calendar year 2012. This housing provided is located on College property and is provided in conjunction with these officers' duties. The estimated annual value of the housing provided is included as a nontaxable benefit in this return in the amount of $45,891 for Daniel Weiss, $20,904 for Wendy Hill, and $23,317 for Celestino Limas. It is the policy of the College's Board of Trustees that the president reside on College property. The president determines if the duties of other officers require them to reside on College property. Personal services- In accordance with the policy of the College's Board of Trustees and the President's employment contract, the President of the College is required to reside on College property. The President's house serves not only as a residence, but also as a host location for many College events and the college provides staff to maintain the home. For calendar year 2012, the salary and estimated fringe benefits for the housekeeper was $55,828, of which a portion of the time, or $8,373, was determined to be for personal services and included as reportable compensation in this return.
FORM 990, SCHEDULE J, PART I, Line 3   The Compensation Committee reviews data obtained from its external compensation consultant on presidential salaries from comparable institutions and updates or adjusts that data through surveys and other available resources. In addition, an annual performance review is conducted.
FORM 990, SCHEDULE J, PART I, Line 4A   $177,517 of payments made in connection with separation of employment were paid to Celestino J. Limas, the former VP of Campus Life and Diversity, in calendar year 2012. Form 990, Schedule J, Part I, Line 4B The college provides a nonqualified, Section 457 retirement plan benefit for highly compensated employees. For the 2102 calendar year, the college contributions were $17,000 for Daniel Weiss (President), and $1,686 for Wendy Hill (Provost), $1,444 for James Dicker (Vice President of Development and College Relations), and $4,835 for Mitchell Wein (Vice President for Finance and Administration and Treasurer). These contributions are reported as other taxable income on this return.
FORM 990, SCHEDULE J, PART II   Specific taxable compensation and benefit agreements, in accordance with employment contracts and/or authorizations from the Board of Trustees, are reported in this tax return for Daniel Weiss (President) in the amount of $24,036, Mitchell Wein (Vice President for Finance and Administration and Treasurer) in the amount of $10,614, and James Dicker (Vice President of Development and College Relations) in the amount of $22,219.
Schedule J (Form 990) 2012

Additional Data


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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
Lafayette College
 
Employer identification number
24-0795686
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A Northampton Cty GPA Rev Bonds Ser 2010
  		23-3007498 66353lay3 04-30-2010 26,689,800 Refund Ser of 2000; Var cap Projec   X   X   X
B Northampton Cty GPA Ref & Rev Ser 2008
  		23-3007498 66353lak3 08-21-2008 98,638,389 Retire Ser '97, 04, 04 2nd & Cap N   X   X   X
C Northampton Cty GPA Var Rev Ser 2006
  		23-3007498 66353lag2 09-14-2006 15,100,000 Renov, Construct & Reloc Athletic   X   X   X
D Northampton Cty GPA Var Rev Ref S 2003
  		23-3007498 66353LAA5 04-02-2003 10,190,000 Refund Ser of 1993 on 7/1/2003   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 0 1,000,000 1,000,000 0
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 26,690,421 98,650,001 15,312,344 10,190,000
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 108,121 0
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 0 0 0 0
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 697 10,709 0
10 Capital expenditures from proceeds . . . . . . . . . . . 4,400,421 6,314,304 15,193,514 0
11 Other spent proceeds . . . . . . . . . . . . . . 22,290,000 92,335,000 0 10,190,000
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2013 2011 2007 2003
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X     X   X
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X   X   X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . .   X X     X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . . . . . . . . . . . . .   X X     X   X
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? .                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0.00000% 0% 0.00000% 0.00000%
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.00000% 0.00000% 0.00000% 0.00000%
6 Total of lines 4 and 5 . . . . . . . . . . . . . . . 0.00000% 0% 0.00000% 0.00000%
7 Does the bond issue meet the private security or payment test? . . . . .                
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If “Yes” to line 8a, enter the percentage of bond-financed property sold or disposed of. 0.00000%   %   %   %
c If “Yes” to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . . X              
b Exception to rebate? . . . . . . . .                
c No rebate due? . . . . . . . . . .
X   X   X   X  
If you checked "No rebate due" in line 2c, provide in Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X     X X   X  
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . . . .                
e Was a hedge terminated? . . . . . . .                
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		0
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . .                
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
1 Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
Schedule K, Part I, Supplemental Information 0 Northampton Cty GPA (Series 2010 A and B) is one integrated structure as reported on IRS Form 8038. It is comprised of two sub-components, Series 2010A which had proceeds of $22,289,379 for the purpose of retiring the Series 2000 bonds was structured as variable rate debt and Series 2010B which had proceeds of $4,400,421 for various capital projects and improvements was structured as fixed rate debt.
Schedule K, Part III, Line 3, Private Use 0 The College contracts with a for-profit dining service provider for the management of the dining operations on campus. The current contract is structured such that the preponderance of fees is based on a per capita charge, and the contract has a one-year term. A small portion of the proceeds of the Series 2008 bonds were used to renovate one of the two dining venues on campus, but given its nature and term, the College, with the advice of counsel, believes the contract with the for-profit dining service provider is a qualified management contract and not subject to private use.
Schedule K, Part IV, Line 3, Use of Interest Rate Hedging Contracts 0 The College has three (3) interest rate hedging contracts in place that were entered into to mitigate the College's interest rate risk inherent with variable rate structured debt. Each of the hedging contracts requires the College to pay a fixed rate in return for a variable rate that is expected to approximate the interest rate payable on the College's debt in typical markets. None of the three (3) interest rate hedging contracts are structured as "qualified" hedges on the records of the issuing authority for any of the Colleges debt issuances, which is the Northampton County General Purpose Authority. As such, none of the interest rate hedges are integrated for tax purposes with a particular debt issuance of the College. The counterparty for each of the three (3) interest rate hedging contracts is UBS and they have scheduled terms of 2023, 2030, and 2034.
Schedule K, Part IV, Line 2c 0 Column B bond - Date rebate computation was performed: 6/25/2012 Column C bond - Date rebate computation was performed: 4/1/2008 Column D bond - date rebate computation was performed: 4/3/2003
Schedule K (Form 990) 2012

Additional Data


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Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBullet See separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501(c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No





2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ......Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2012
Schedule L (Form 990 or 990-EZ) 2012
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) James W Dicker Officer 13,275 Spouse Employed Part Time   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2012

Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 83 2,619,263 HIGH/LOW OF DAILY MV
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential . X 1 183,429 Bequest - Appraisal
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 449 76,795 Minerals-Appraisal
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( EVENTS & SILENT AUCTIONS ) X 11 16,115 PAID RECEIPT
26 Other Right pointing arrow large image ( EQUIPMENT ) X 3 29,497 APPRAISAL/FMV
27 Other Right pointing arrow large image ( MISCELLANEOUS GOODS ) X 2 2,734 PAID RECEIPT
28 Other Right pointing arrow large image ( OTHER ) X 3 12,108 PAID RECEIPT
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
5
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2012)
Schedule M (Form 990) (2012)
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Identifier Return Reference Explanation
Schedule M, Line 32a   To the extent that the College receives donations of securities, its investment broker/manager is tasked with selling those securities.
Schedule M (Form 990) (2012)
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
Lafayette College
 
Employer identification number

24-0795686
Identifier Return Reference Explanation
Form 990, Part VII, Section A, Column (B) Average hours per week   Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors The hours reported are uniformly applied based on the position and it is recognized that the actual hours may be greater than noted for each individual.
Form 990, Part VI, Section A, Line 2 Governance, Management, and Disclosure - Governing Body and Management Trustees Fisher and Kamine had a business relationship in FY 2012-2013. Trustee Cox and Officer Muhlfelder had a business relationship in FY 2012-2013.
Form 990, Part VI, Section B, Line 11A Governance, Management, and Disclosure - Policies Process for the review of Form 990 The Form 990 return is prepared by the Colleges administration and forwarded to the Colleges outside tax advisor for review and input into electronic media. The College will discuss the return with its outside tax advisor and make revisions prior to the printing of a first draft return for review and comment by the Audit Committee. The Audit Committee reviews this draft return, recommends changes and such changes are then incorporated into a revised draft return. This revised draft return is reviewed again by the Audit Committee to ensure the Committees requested changes were appropriately made. The administration will then distribute the revised draft return to the full Board of Trustees with a request for review and comment. If any questions or comments are received from a Board Member and the return is revised as a result, the Administration will advise the full Board of the change before filing of the final return.
Form 990, Part VI, Section B, Line 12 C Governance, Management, and Disclosure - Policies Monitoring and compliance with conflict of interest policy The Conflict of Interest Policy for Trustees, Board Members, Officers of the Administration, and other Key Employees of Lafayette College was approved by the College's Board of Trustees on October 27, 1979. This policy is mailed to all applicable individuals annually for their review and disclosure of both any exceptions to the Policy and any affiliations that the Policy requires disclosure for. All disclosure required under this Policy must be directed in writing to the Secretary of the Board of Trustees who shall be responsible for the administration of this Policy. Matters under this Policy concerning Trustees shall be initially reported to the Chairperson of the Board for appropriate action. Matters concerning staff will be referred initially to the President. Information disclosed to the Secretary (or Chairperson or President) will be held in confidence except when the best interest of the institution is served by disclosing the information to the Board in Executive Session.
Form 990, Part VI, Section B, Line 14 Governance, Management, and Disclosure - Policies Records Retention Policy The Controller's Office maintains a written policy for the retention of financial documents including general ledger reports, financial statements, fixed asset repots, accounts payable, accounts receivable, banking, payroll, and tax filings. Other campus offices may also have specific policies for the retention of their documents that would be consistent with guidelines established for outside regulatory agencies and the office's needs. There is no formal overall campus-wide Records Retention Policy.
Form 990, Part VI, Section B, Lines 15 A & B Governance, Management, and Disclosure - Policies The process for determining the compensation of the President and officers of the Administration: The compensation of the President is established by the Compensation Committee which reviews data obtained from its external compensation consultant on presidential salaries from comparable institutions and updates or adjusts that data through surveys and other available resources. In addition, an annual performance review is conducted. The compensation for officers of the College's administration (Vice-Presidents), are recommended by the President based on a written annual performance summary. The compensation for each officer is then established by the Compensation Committee which reviews data obtained from its external compensation consultant on salaries of comparable officers from comparable institutions and adjusts that data through surveys and other available resources.
Form 990, Part VI, Section C, Line 19 Governance, Management, and Disclosure - Policies Availability of Documents to the Public The College's audited financial statements are made available on the College's public website. The College does not make its governing documents and Conflict of Interest Policy available to the public on its website. Requests for copies of Forms 990 and 990T are provided promptly upon request in either hard-copy or electronic forms, and the College does not charge for either copying or mailing costs. After the filing of the Form 990 return for the same tax year, the College will provide a copy to Guidestar for publication on their website. The College's financial statements (and limited operating statistics) are also available on two additional websites: 1. The Municipal Securities Rulemaking Board's Electronic Municipal Market Access (EMMA) website where the College is required to file with EMMA per our 15C2-12 requirements associated with some of its tax-exempt debt. 2.Digital Assurance Certification (DAC)'s website. The College utilizes DAC as a method of getting its documents to EMMA, but DAC also posts these documents to their own website where it is publically accessible free of charge. Users are asked to register on this site.
Form 990, Part XI, Line 5 Change in Net Assets CHANGE IN ANNUITIES PAYABLE ESTIMATE 873,985 DISTRIB FROM PRINCIPAL TO FUND ANNUTITIES PAYABLE (1,645,264) CHANGE IN MV OF INTEREST RATE SWAP AGREEMENTS 5,794,693 PROVISION FOR UNCOLLECTIBLE NON OP PLEDGES REC (247,891) CHANGE IN POSTRETIREMENT BENEFIT COST 2,461,000 VOLUNTARY RETIREMENT INCENTIVE - FAC & NON FAC (1,746,900) ------------ TOTAL $ 5,489,623 =============
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2012

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