2024-04-12T15:01:55-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 410694747 CARLETON COLLEGE CARL 5072224000 ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 ERIC RUNESTAD VP & TREASURER 5072224000 2024-03-15 1 ERIC RUNESTAD 999009999 1 SARAH HINTZ P00492291 3037795710 2024-04-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALISON BYERLY ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 283832365 0 X WWW.CARLETON.EDU X 1866 MN TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. 31 30 2994 2738 6166965 5669151 48857408 45960724 146966410 153602800 81731010 92503081 3404586 4455645 280959414 296522250 53596093 56935377 0 0 92232445 98895653 0 0 6928442 78000316 84150745 223828854 239981775 57130560 56540475 1658331169 1727307245 167328120 162222483 1491003049 1565084762 X SEE SCHEDULE O.CARLETON COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE, LOCATED IN NORTHFIELD, MINNESOTA, BEST KNOWN FOR ITS ACADEMIC EXCELLENCE AND WARM, WELCOMING CAMPUS COMMUNITY. CARLETON OFFERS 33 MAJORS AND 37 MINORS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, MATHEMATICS, AND SOCIAL SCIENCES.THE CARLETON COLLEGE MISSION IS TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE IS DEVOTED TO ACADEMIC EXCELLENCE, DISTINGUISHED BY THE CREATIVE INTERPLAY OF TEACHING, LEARNING, AND SCHOLARSHIP AND IS DEDICATED TO A DIVERSE RESIDENTIAL COMMUNITY AND EXTENSIVE INTERNATIONAL ENGAGEMENTS. 0 0 132663245 56677887 125800273 INSTRUCTION - CARLETON COLLEGE EXISTS TO PROVIDE AN EXCEPTIONAL LIBERAL ARTS EDUCATION FOR STUDENTS, PREPARING THEM FOR LEADERSHIP IN THEIR COMMUNITIES, COUNTRIES AND THE WORLD (2,007 STUDENTS). A STUDENT - FACULTY RATIO OF 8:1 SUPPORTS CLASSROOM, LABORATORY, OFF-CAMPUS STUDY AND RESEARCH OPPORTUNITIES, AVERAGE CLASS SIZE IS 16, STUDENT FINANCIAL AID PROGRAMS - CARLETON MEETS 100% OF THE DEMONSTRATED FINANCIAL NEED OF ALL ADMITTED STUDENTS (1,160 STUDENTS). 32082591 0 0 ACADEMIC SUPPORT - PROGRAMS TO ENHANCE THE CARLETON LIBERAL ARTS EXPERIENCE WITH LIBRARY AND INFORMATION TECHNOLOGY RESOURCES (2,007 STUDENTS). 19367695 0 26963193 AUXILIARY ENTERPRISES - CARLETON COLLEGE MAINTAINS A RURAL RESIDENTIAL CAMPUS TO ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENT BODY WITH ROOM AND BOARD PROGRAMS DESIGNED TO ENCOURAGE A SPIRIT OF COLLEGIALITY AND CONVERSATION BEYOND THE CLASSROOM AND LABORATORY (1,931 STUDENTS). 20082174 80000 0 STUDENT SERVICES PROGRAMS - PROGRAMS DESIGNED TO SUPPORT THE CARLETON COLLEGE STUDENT LIFE EXPERIENCE INCLUDING CO-CURRICULAR AND RECREATIONAL OPPORTUNITIES (2,007 STUDENTS). 5355063 177490 0 RESEARCH - FACULTY AND STUDENT RESEARCH TO ENHANCE THE ACADEMIC INSTRUCTIONAL EXPERIENCE 1197012 0 839334 SUMMER ACADEMIC PROGRAMS - PROGRAMS FOR HIGH SCHOOL STUDENTS AND WORKSHOPS FOR TEACHERS OF ADVANCED PLACEMENT ENRICHED OR ACCELERATED CLASSES IN GRADES 7-12 TO DEVELOP SKILLS FOR RIGOROUS ACADEMIC PROGRAMS (156 ATTENDEES) 26634249 257490 839334 210747780 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 2946 0 1 2994 1 1 1 1 FR NZ SP IN ET 0 0 0 0 1 1 0 0 0 0 1 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN NH WA X X ERIC RUNESTAD 5072225411 ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 ALISON BYERLY PRESIDENT 60.00 X X 669567 0 107688 WALLY WEITZ TRUSTEE CHAIR 8.00 X X 0 0 0 JENINNE MCGEE TRUSTEE VICE CHAIR 8.00 X X 0 0 0 CATHY PAGLIA TRUSTEE VICE CHAIR 8.00 X X 0 0 0 JOHN HARRIS SECRETARY 8.00 X X 0 0 0 GREG AMUSU TRUSTEE 5.00 X 0 0 0 LOVE ANANI TRUSTEE 5.00 X 0 0 0 MARK APPLEBAUM TRUSTEE 5.00 X 0 0 0 EMILY BARR TRUSTEE 5.00 X 0 0 0 ALAN BAUER TRUSTEE 5.00 X 0 0 0 VINAYA CHEPURI TRUSTEE 5.00 X 0 0 0 STEPHEN DAVIS TRUSTEE 5.00 X 0 0 0 ARNOLD DONALD TRUSTEE 5.00 X 0 0 0 HERB FRITCH TRUSTEE 5.00 X 0 0 0 CATHERINE GUNSBURY TRUSTEE 5.00 X 0 0 0 DASHINI JEYATHURAI TRUSTEE 5.00 X 0 0 0 LESLIE KAUTZ TRUSTEE 5.00 X 0 0 0 PAM KIECKER ROYALL TRUSTEE 5.00 X 0 0 0 RICH KRACUM TRUSTEE 5.00 X 0 0 0 TRACE MCCREARY TRUSTEE 5.00 X 0 0 0 STEVE PARRISH TRUSTEE 5.00 X 0 0 0 ROLF PETERS TRUSTEE 5.00 X 0 0 0 NIC PUZAK TRUSTEE 5.00 X 0 0 0 RAUL RAYMUNDO TRUSTEE 5.00 X 0 0 0 DAVID SMITH TRUSTEE 5.00 X 0 0 0 MIKE SOBASKI TRUSTEE 5.00 X 0 0 0 ALISON VON KLEMPERER TRUSTEE 5.00 X 0 0 0 MICHAEL WIEBOLT TRUSTEE 5.00 X 0 0 0 CANDACE WILLIAMS TRUSTEE 5.00 X 0 0 0 DANA WRIGHT TRUSTEE 5.00 X 0 0 0 JOHN YOUNGBLOOD TRUSTEE 5.00 X 0 0 0 ERIC RUNESTAD VP AND TREASURER 60.00 X 315339 0 60032 GRETCHEN E HOFMEISTER DEAN OF THE COLLEGE 60.00 X 226942 0 23249 MICHELLE MATTSON PROVOST & VP OF ACADEMIC AFFAIRS 60.00 X 148222 0 15778 ART D RODRIGUEZ VP & DEAN OF ADMISSIONS & FINANCIAL AID 60.00 X 258342 0 51186 CAROLYN H LIVINGSTON VP FOR STUDENT LIFE & DEAN OF STUDENTS 60.00 X 208175 0 82052 KELSEY DESHLER CHIEF INVESTMENT OFFICER 60.00 X 789397 0 59524 THOMAS BONNER VP FOR EXTERNAL RELATIONS 60.00 X 365733 0 60973 TIMOTHY GRIFFETH DIRECTOR OF INVESTMENTS 60.00 X 514098 0 88514 ELISE ESLINGER CHIEF OF STAFF 60.00 X 212662 0 43665 JULIE J NEIWORTH PROFESSOR OF PSYCHOLOGY 60.00 X 216931 0 25709 MICHAEL T HEMESATH PROFESSOR OF ECONOMICS 60.00 X 215751 0 15873 STEVEN G POSKANZER PRESIDENT (FORMER) 60.00 X 371884 0 40723 BEVERLY NAGEL DEAN OF THE COLLEGE (FORMER) 60.00 X 335585 0 41785 4848628 0 716751 218 1 1 0 BON APPETIT 100 HAMILTON AVE STE 400 PALO ALTO CA 94301 DINING SERVICES 11004643 TERRA GENERAL CONTRACTORS LLC 21025 COMMERCE BLVD STE 1000 ROGERS MN 55374 GENERAL CONTRACTOR 8774115 INCLINE ALCHEMY INC PO BOX 1058 160 ALAMO PLAZA ALAMO CA 94507 INFORMATION TECHNOLOGY CONSULTANT 2808568 GEPHART ELECTRIC CO INC 3550 LABORE ROAD 11 ST PAUL MN 55110 GENERAL CONTRACTOR 2031634 RIVER CITY BUILDERS PO BOX 7 NERSTRAND MN 55053 GENERAL CONTRACTOR 1442604 45 8301795 37658929 11648480 45960724 TUITION AND FEES 611710 125800273 125800273 ROOM AND BOARD 611710 26963193 26963193 SUMMER TEACHING INSTIT 611310 839334 839334 153602800 15291901 6014759 9277142 185699 185699 378599 382527 -3928 -3928 -3928 63944363 194405 -13767091 694679 77711454 -500274 77211180 77211180 ALUMNI REUNION REGISTR 900099 682429 682429 INSURANCE PROCEEDS 900099 385431 385431 WIND TURBINE 221000 152206 152206 3053808 3053808 4273874 296522250 153602800 6166965 90791761 257490 257490 56677887 56677887 2783887 231024 2279693 273170 386617 77323 222095 87199 71270972 63552505 5066590 2651877 6604754 5351961 975937 276856 12721939 9958603 2236277 527059 5127484 4354765 556521 216198 150661 150661 106054 106054 6952780 6952780 11415172 9188426 1423581 803165 88505 33049 55456 4347224 3658104 -3133 692253 3191744 3034120 108581 49043 9939186 9939186 8650933 8037734 179613 433586 1858328 1023111 164491 670726 4785792 4785792 14838965 14734106 93405 11454 1489093 757417 731283 393 STUDENT DINING SERVICES 9133831 9132767 1064 MISCELLANEOUS EXPENSES 5009305 4635689 192841 180775 MEMBERSHIP FEES 2193172 1326721 811763 54688 239981775 210747780 22305553 6928442 31722733 31676170 19233003 15904933 2431476 1900890 410455 407950 2441808 2039742 533492711 173926258 358627500 359566453 523491997 563288481 704700552 735505260 2289554 1853461 12982091 15163905 1658331169 1727307245 19610918 21742802 5882533 5343619 120161008 114233253 625559 195008 21048102 20707801 167328120 162222483 X 694224045 719103552 796779004 845981210 1491003049 1565084762 1658331169 1727307245 X 56540475 19329338 -1788100 X X 0 1 X 1 1 1 X 45784488 51715968 85839092 48857408 45960724 278157680 45784488 51715968 85839092 48857408 45960724 278157680 48503515 229654165 15504330 16921321 35397163 18594822 9841440 96259076 2410974 3850421 5922701 12184096 2594045 1996981 2316585 3266351 4121668 14295630 400896482 702664817 0.57290 0.59560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 2,594,045. 2019 AMOUNT: $ 1,996,981. 2020 AMOUNT: $ 2,316,585. 2021 AMOUNT: $ 3,266,351. 2022 AMOUNT: $ 4,121,668. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 0 0 1 1 1 106600 1 1 0 106600 0 PART II-B, LINE 1: THE COLLEGE IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. CARLETON PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $130,369 DURING THE FISCAL YEAR. BASED ON FIGURES PROVIDED BY MPCC, $106,600 OF CARLETON'S DUES WENT, IN PART, TOWARD LOBBYING. 0 9946913 X X X 0 0 1 X 1112930501 16049584 104179465 14901264 35159550 6567258 1176531478 1177591148 24155753 -31932372 13763033 34441127 8679867 1112930501 877276225 63397175 290531660 12562398 32615343 8436171 1177591148 907276053 23090538 -2606087 11188431 31625670 7670178 877276225 894233503 29076410 32053614 10756962 30048391 7282121 907276053 0.34200 0.65800 0.00000 1 0 2493728 2493728 404765900 122696381 282069519 108954986 51229877 57725109 17278097 17278097 359566453 PRIVATE EQUITY 295471152 F HEDGE FUNDS 233605335 F REAL ASSETS 158356954 F PLANNED GIFT AGREEMENTS AND OTHER 48071819 F 735505260 ANNUITIES PAYABLE 17957543 ASSET RETIREMENT OBLIGATION 2750258 20707801 X 250815348 19329338 -1405573 17923765 232891583 6952780 56677887 63630667 296522250 176733635 382527 382527 176351108 6952780 56677887 63630667 239981775 PART III, LINE 4: CARLETON'S ART COLLECTION IS FOR STUDENT RESEARCH AND STUDY INCLUDING COLLEGE ARCHIVES OF INSTITUTIONALLY SIGNIFICANT TREASURES AN LIBRARY COLLECTIONS. PART IV, LINE 2B: THE COLLEGE REPORTS ON FORM 990, PART X, LINE 21 AMOUNTS HELD FOR THE PERKINS LOAN PROGRAM THAT ARE REFUNDABLE TO THE GOVERNMENT AND REPORTED AS A LIABILITY ON THE COLLEGE'S FINANCIAL STATEMENTS. PART V, LINE 4: ENDOWMENT FUNDS ARE TO SUPPORT GRANTS TO STUDENTS AND THE PROGRAM SERVICES OF THE COLLEGE. PART X, LINE 2: THE COLLEGE IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SIMILAR STATUTES OF MINNESOTA LAW. IT IS EXEMPT FROM INCOME TAXES ON RELATED INCOME. THE COLLEGE FILES U.S. FEDERAL AND VARIOUS STATE TAX RETURNS ON NET UNRELATED BUSINESS INCOME. THE TAX CUTS AND JOBS ACT (TCJA), ENACTED ON DECEMBER 22, 2017, REQUIRES THE COLLEGE TO PAY AN EXCISE TAX ON NET INVESTMENT INCOME FOR TAXABLE YEARS BEGINNING AFTER DECEMBER 31, 2017 WHENEVER THE AGGREGATE FAIR MARKET VALUE OF ASSETS AT THE END OF THE PRECEDING TAXABLE YEAR IS AT LEAST $500,000 PER STUDENT. THE COLLEGE RECORDED AN ESTIMATED TAX OBLIGATION OF $800,000 FOR THE FISCAL YEAR ENDED JUNE 30, 2023. EXCISE TAX REMITTED FOR THE PERIOD ENDED JUNE 30, 2022 WAS $628,353. THE COLLEGE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO OTHER UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,788,100. RENTAL EXPENSES 382,527. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO STUDENTS 56,677,887. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 382,527. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO STUDENTS 56,677,887. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE USES PAPER AND BROADCAST MEDIA IN SOLICITATION OF STUDENTS. WE PUBLICIZE OUR NONDISCRIMINATORY POLICY IN ALL PRINTED BROCHURES, MAGAZINES, APPLICATION MATERIAL AND WEBSITE INFORMATION. SCHEDULE E, PART I, LINE 6 CARLETON COLLEGE PARTICIPATES IN THE FEDERAL STUDENT FINANCIAL AID PROGRAM ADMINISTERED THROUGH THE U.S. DEPARTMENT OF EDUCATION. CARLETON STUDENTS RECEIVE FUNDING FROM CAMPUS-BASED PROGRAMS (PERKINS, SEOG, AND FEDERAL WORK STUDY) AS WELL AS FEDERAL PELL GRANTS AND FEDERAL STUDENT LOANS. IN ADDITION, CARLETON STUDENTS RECEIVE FUNDING FROM THE MINNESOTA STATE GRANT, WORK-STUDY AND SELF LOAN PROGRAMS ADMINISTERED THROUGH THE MINNESOTA OFFICE OF HIGHER EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 321879313 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 INVESTMENTS 11040429 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 4017831 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 46850751 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - ART IN AUSTRALIA 504791 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - BUDDHIST STUDIES IN BODH GAYA, INDIA 424984 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - ECONOMICS IN CAMBRIDGE 335874 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - CLIMATE CHANGE AND HUMAN HEALTH IN ETHIOPIA 32725 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES -HISTORY OF COMPUTING IN ENGLAND 461151 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - NATIONALISM AND XENOPHOBIA IN EASTERN AND CENTRAL EUROPE 204346 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - GEOLOGY IN NEW ZEALAND 413119 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - GERMANY STUDIES IN BERLIN 251845 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - LINGUISTICS AND CULTURE IN JAPAN 250253 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - LIVING LONDON 437971 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - SPANISH STUDIES IN MADRID 217286 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - FRENCH AND FRANCOPHONE STUDIES IN PARIS 263599 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - CROSS-CULTURE PSYCHOLOGY IN PRAGUE 302523 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - HISTORY, RELIGION, AND URBAN CHANGE IN MEDIEVAL RENAISSANCE ROME 483594 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - KAZAKHSTAN/RUSSOPHONE STUDIES IN CENTRAL ASIA 188612 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - INDIA: GLOBALIZATION AND LOCAL RESPONSES 199979 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - SYSTEMS OF SOCIO-ECOLOGICAL SUSTAINABILITY IN OAXACA, MEXICO 53656 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES OFF CAMPUS STUDIES - WOMEN & GENDER STUDIES IN EUROPE 201546 0 0 0 0 0 0 385086698 3929480 389016178 1 0 1 1 1 0 PART I, LINE 3: THE COLLEGE USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES ON PART I. PART III ACCOUNTING METHOD: 1 UNIVERSITY OF CALIFORNIA - DAVIS 1 SHIELDS AVENUE DAVIS CA 95616 946036494 501(C)(3) 16565 0 N/A N/A RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION. UNIVERSITY OF WISCONSIN - MADISON 21 N PARK STREET SUITE 6301 MADISON WI 537151218 396006492 501(C)(3) 43100 0 N/A N/A RUI: LINKING ECOLOGY, BEHAVIOR, AND IMMUNOLOGY TO SPATIO-TEMPORAL VARIATION IN HELMINTH TRANSMISSION. UNIVERSITY OF WASHINGTON BOX354966 SEATTLE WA 98195 916001537 501(C)(3) 27358 0 N/A N/A CAREER: TEMPORAL DYNAMICS OF MICROBIAL AND VIRAL FUNCTION AND ADAPTATION IN HYDROTHERMAL VENTS. THE JACKSON LABORATORY PO BOX 254 BAR HARBOR ME 04609 010211513 501(C)(3) 38645 0 N/A N/A ONLINE MODULES FOR QUANTITATIVE SKILL BUILDING: EXPLORING, ADAPTATION AND ADOPTION. UNIVERSITY OF CALIFORNIA - SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 920930934 956006144 501(C)(3) 28376 0 N/A N/A DEVELOPMENT OF NOVEL AUGMENTED REALITY TOOL FOR TEACHING MOLECULAR VISUALIZATION IN BIOCHEMISTRY. PENN STATE UNIVERSITY 110 TECHNOLOGY CTR BLDG UNIVERSITY PARK PA 16802 246000376 501(C)(3) 23446 0 N/A N/A 20-EPRV20_2-0014, LINKING SOLAR MAGNETIC ACTIVITY AND RADIAL VELOCITY VARIABILITY WITH ULTRA-HIGH RESOLUTION LASER HETERODYNE SPECTROSCOPY. CITY OF NORTHFIELD 801 WASHINGTON STREET NORTHFIELD MN 55057 416005424 115 80000 0 N/A N/A COMMUNITY ENGAGEMENT 6 0 STUDENT SCHOLARSHIPS 1777 56677887 N/A N/A PART I, LINE 2: GRANTS TO ORGANIZATIONS REQUIRE QUARTERLY PROGRAM REPORTING INCLUDING A NARRATIVE AND FINANCIAL SUMMARY THAT IS REVIEWED BY THE PROGRAM DIRECTOR. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE COLLEGE'S POLICY. SCHEDULE I, PART II, COLUMN (H): NSF SUBAWARD - STEP CENTER/INTEGRATE: INTERDISCIPLINARY TEACHING OF GEOSCIENCE FOR A SUSTAINABLE FUTURE X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 KELSEY DESHLER CHIEF INVESTMENT OFFICER 362182 0 420072 0 7143 0 28500 0 31024 0 848921 0 0 0 ALISON BYERLY PRESIDENT 630175 0 0 0 39392 0 30500 0 77188 0 777255 0 0 0 TIMOTHY GRIFFETH DIRECTOR OF INVESTMENTS 263670 0 249888 0 540 0 30450 0 58064 0 602612 0 0 0 THOMAS BONNER VP FOR EXTERNAL RELATIONS 355961 0 0 0 9772 0 30500 0 30473 0 426706 0 0 0 STEVEN G POSKANZER PRESIDENT (FORMER) 361792 0 0 0 10092 0 30500 0 10223 0 412607 0 0 0 BEVERLY NAGEL DEAN OF THE COLLEGE (FORMER) 328707 0 0 0 6878 0 30500 0 11285 0 377370 0 0 0 ERIC RUNESTAD VP AND TREASURER 308099 0 0 0 7240 0 30500 0 29532 0 375371 0 0 0 ART D RODRIGUEZ VP & DEAN OF ADMISSIONS & FINANCIAL 257532 0 0 0 810 0 26852 0 24334 0 309528 0 0 0 CAROLYN H LIVINGSTON VP FOR STUDENT LIFE & DEAN OF STUDEN 202565 0 4800 0 810 0 21719 0 60333 0 290227 0 0 0 ELISE ESLINGER CHIEF OF STAFF 206224 0 4800 0 1638 0 21535 0 22130 0 256327 0 0 0 GRETCHEN E HOFMEISTER DEAN OF THE COLLEGE 224620 0 0 0 2322 0 22495 0 754 0 250191 0 0 0 JULIE J NEIWORTH PROFESSOR OF PSYCHOLOGY 169123 0 0 0 47808 0 17165 0 8544 0 242640 0 0 0 MICHAEL T HEMESATH PROFESSOR OF ECONOMICS 196932 0 0 0 18819 0 15873 0 0 0 231624 0 0 0 MICHELLE MATTSON PROVOST & VP OF ACADEMIC AFFAIRS 140185 0 0 0 8037 0 0 0 15778 0 164000 0 0 0 PART I, LINE 1A ALISON BYERLY: RESIDENCE FOR PERSONAL USE ($44,935) AND HOUSE CLEANING SERVICES ($5,222), NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. CAROLYN LIVINGSTON: RESIDENCE FOR PERSONAL USE ($30,600), NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. ALISON BYERLY: SPOUSAL TRAVEL PAID BY COLLEGE THAT IS NOT FOR BUSINESS PURPOSES IS TREATED AS TAXABLE INCOME TO THE EMPLOYEE ($2,904). PART I, LINE 7 INVESTMENT OFFICERS ARE COMPENSATED PER AN INCENTIVE COMPENSATION STRUCTURE DESIGNED TO A LINE THE PERFORMANCE GOALS OF THE INVESTMENT OFFICE WITH THE NEEDS OF THE COLLEGE. THESE NON-FIXED PAYMENTS DEPEND ON THE INVESTMENT PERFORMANCE. A MN HIGHER EDUCATION FACILITIES AUTHORITY SERIES 2017 410988525 60416H3W2 2017-05-24 124900000 WEITZ CENTER MUSIC ADDITION, SCIENCE COMPLEX CONSTRUCTION, UTILITY 1 0 0 A 21445000 139670300 756612 70000000 68913688 2020 1 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 1 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY SERIES 2017 DATE THE REBATE COMPUTATION WAS PERFORMED: 04/26/2022 SCHEDULE K, PART I, BOND ISSUES, COLUMN (F) (B) DESCRIPTION OF PURPOSE: WEITZ CENTER MUSIC ADDITION, SCIENCE COMPLEX CONSTRUCTION, UTILITY INFRASTRUCTURE IMPROVEMENTS & ADDITIONS X 110 10039040 FMV X 1 884000 FMV X LIFE INSURANCE 1 725440 CASH SURRENDER VALUE 2 0 1 1 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE COLLEGE WILL RETAIN AN ATTORNEY FOR NON CASH REAL ESTATE GIFTS, AS NEEDED. FORM 990, PART VI, SECTION A, LINE 1A THE COLLEGE'S EXECUTIVE COMMITTEE INCLUDES THE CHAIR OF EACH BOARD COMMITTEE AND THE PRESIDENT. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE EXCEPT THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF TRUSTEES TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, ALTER BYLAWS, REMOVE OR APPOINT THE PRESIDENT OF THE COLLEGE, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PRESENTED THE FORM IN ITS ENTIRETY TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO SUBMITTING IT TO THE IRS. THE FORM 990 IS ALSO INCLUDED ON THE COLLEGE WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. INTERESTS INCLUDE RELATED PARTY RELATIONSHIPS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES OR OTHER ORGANIZATIONS. TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1) THE CONFLICTING INTEREST IS FULLY DISCLOSED; 2) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS; 3) A COMPETITIVE BID FOR COMPARABLE VALUATION EXISTS; AND 4) THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. INDIVIDUALS WITH AN IDENTIFIED CONFLICT OF INTEREST ARE RESTRICTED IN HOW THEY ARE ALLOWED TO PROCEED WITH THE TRANSACTION. THE INDIVIDUALS ARE ALLOWED TO PARTICIPATE IN THE DISCUSSION, BUT NOT ALLOWED TO VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED ANNUALLY BY THE HUMAN RESOURCES SUBCOMMITTEE OF THE BOARD OF TRUSTEES. THE REVIEW COMPARES DATA FROM 25 OF THE COLLEGE'S PEER INSTITUTIONS, AS WELL AS UTILIZING VARIOUS SALARY SURVEYS. EVERY THIRD YEAR THE COLLEGE USES AN INDEPENDENT COMPENSATION CONSULTANT TO CONDUCT THE REVIEW. A FORMAL REVIEW OF COMPENSATION IS CONDUCTED ANNUALLY. THE REVIEW COMPARES DATA FROM 25 OF THE COLLEGE'S PEER INSTITUTIONS, AS WELL AS UTILIZING VARIOUS SALARY SURVEYS. THE COLLEGE USES THE PROCESS TO REVIEW THE FOLLOWING POSITIONS: VICE PRESIDENT & TREASURER, VICE PRESIDENT OF EXTERNAL RELATIONS, VICE PRESIDENT & DEAN OF THE COLLEGE, VICE PRESIDENT & DEAN OF ADMISSIONS, VICE PRESIDENT OF STUDENT LIFE & DEAN OF STUDENTS, CHIEF OF STAFF, CHIEF INVESTMENT OFFICER, AND DIRECTOR OF INVESTMENTS. THE PRESIDENT SUBMITS SALARY RECOMMENDATIONS FOR THE VICE PRESIDENTS, THE CHAIR OF THE INVESTMENT COMMITTEE SUBMITS RECOMMENDATIONS FOR THE CHIEF INVESTMENT OFFICER, & THE CHIEF INVESTMENT OFFICER SUBMITS RECOMMENDATIONS FOR THE DIRECTOR OF INVESTMENTS TO BOTH THE HUMAN RESOURCES SUBCOMMITTEE AND THE EXECUTIVE COMMITTEE FOR APPROVAL. EVERY THIRD YEAR THE COLLEGE USES AN INDEPENDENT COMPENSATION CONSULTANT TO CONDUCT THE REVIEW. THE INDEPENDENT CONSULTANT REVIEW WAS LAST COMPLETED IN MAY 2021 AND THE FORMAL ANNUAL REVIEW WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 CARLETON'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,788,100. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. PATRICIA V DAMON SCHOLARSHIP FUND 230 FRONT ST N LACROSSE WI 54601 686229419 TRUST WI 501(C)(3) LINE 12B, II CARLETON COLLEGE 1 S EUGENE BAILEY SCHOLARSHIP TRUST PO BOX 64713 ST PAUL MN 55164 416439914 TRUST MN 501(C)(3) PF CARLETON COLLEGE 1 CHARITABLE REMAINDER TRUSTS (52) ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 CHARITABLE REMAINDER TRUSTS MN CARLETON COLLEGE T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PATRICIA V DAMON SCHOLARSHIP FUND S 142000 FMV S EUGENE BAILEY SCHOLARSHIP TRUST S 215527 FMV CHARITABLE REMAINDER TRUSTS S 85319 FMV AT DATE OF DEATH