Financial Statements
IRS Form 990
Note: The IRS Form 990 is derived from and is consistent with Lafayette’s audited financial statements (see IRS 990, Schedule D, Part XI). The IRS asks the College to present data to assess overall taxable income, which by IRS definition, excludes unrealized gains and losses. The College’s Investment Office attempts to maximize long-term growth of the endowment, which, from year to year, results in varying levels of unrealized (non-taxable event) and realized (a potentially taxable event) gains. For these reasons, a tax return from any given year is not a reflection of the financial health of the institution. For more information on Lafayette’s credit ratings, please see the most recent review by Standard & Poor’s and Moody’s.