The College’s Fiscal Year 2015 Form 990 is now available (pdf). Day 4 of a 5 day discussion.

Perhaps the best news is that the College did not, I think, waste a lot of money on local spending, at least in 2015.

form990c

1) I have no objection to the College donating small sums, especially for items like the local ambulance since these “donations” are really “payments” for services rendered. (The ambulance transports many students each year.)

2) I object to large donations. Alumni give to Williams to support Williams. If they wanted to give to other non-profits like the local hospital or MASS MoCA, they would. Again, the best way to understand the actual behavior of Williams is to imagine that it is controlled by a cabal of selfish insiders, intent on devoting the College’s own resources towards their personal use. Classic example of such selfish behavior include giving $1 million to North Adams Regional Hospital, $250,000 to Mount Greylock Regional High School, and $2 million to MASS MoCA.

3) Although some of the individual donations are reasonable, the total of around $250,000 is way too much. That money should be spent on items that directly impact the quality of the undergraduate experience at Williams. For starters, hire some visiting lecturers so that students aren’t kicked out of popular classes like CSCI 135.

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