2025-05-14T10:17:20-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2023-07-01 020222182 SAINT ANSELM COLLEGE SAIN 6036417000 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 WILLIAM FURLONG VP OF FINANCE & CFO 6036417000 2025-05-14 1 1 ERIN COUTURE P01390592 6177237900 2023 2025-03-06 01:10:19Z DR JOSEPH A FAVAZZA 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 219017155 0 X WWW.ANSELM.EDU X 1889 NH A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL ITS STUDENTS A DISTINCTIVE. (SEE SCHEDULE O).LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. 40 39 1427 150 1702568 275032 12699186 27470897 121862126 131960926 4183076 7338181 0 0 138744388 166770004 53929971 59000602 0 0 47886067 54033139 0 0 4308710 38088991 39537986 139905029 152571727 -1160641 14198277 350702095 380089499 96491433 95439868 254210662 284649631 X SEE SCHEDULE O.SAINT ANSELM IS A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL OF ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. IT DOES SO IN A LEARNING COMMUNITY THAT ENCOURAGES THE LIFELONG PURSUIT OF THE TRUTH AND FOSTERS INTELLECTUAL, MORAL AND SPIRITUAL GROWTH TO SUSTAIN AND ENRICH ITS GRADUATES' PERSONAL LIVES, WORK, AND ENGAGEMENT WITHIN LOCAL, NATIONAL, AND GLOBAL COMMUNITIES. 0 0 133942883 59000602 131960926 EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE (THE COLLEGE), A NEW HAMPSHIRE NOT-FOR-PROFIT (VOLUNTARY) CORPORATION, IS A CATHOLIC LIBERAL ARTS COLLEGE IN THE BENEDICTINE TRADITION. THE COLLEGE WAS ESTABLISHED IN 1889. IT IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION. 133942883 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 X 2886 0 1 1427 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 40 39 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X WILLIAM FURLONG 6036417121 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 DR JOSEPH FAVAZZA PRESIDENT 40.00 0.00 X X 618440 0 43786 F JOSEPH LOUGHREY CHAIR 2.00 0.00 X X 0 0 0 MR JOHN B LAVELLE VICE CHAIR 2.00 0.00 X X 0 0 0 BRO ISAAC S MURPHY OSB CHANCELLOR 1.00 0.00 X X 0 0 0 RIGHT REV MARK A COOPER OSB CHANCELLOR (THRU 06/2024) 1.00 0.00 X X 0 0 0 MR JAMES VAN HOOF ESQ TREASURER 2.00 0.00 X X 0 0 0 MR MICHAEL J REIGEL SECRETARY 1.00 0.00 X X 0 0 0 MS XILORLVETTE BERNAZZI BOARD MEMBER 1.00 0.00 X 0 0 0 MR DAVID COLLINS BOARD MEMBER 1.00 0.00 X 0 0 0 MS SUSAN M CONNELLY BOARD MEMBER 1.00 0.00 X 0 0 0 MS JEANETTE M DAVILA BOARD MEMBER 1.00 0.00 X 0 0 0 REV JEROME J DAY OSB BOARD MEMBER (THRU 08/2023) 1.00 0.00 X 0 0 0 REV BERNARD W DISCO OSB BOARD MEMBER 1.00 0.00 X 0 0 0 MR ROBERT DUNN ESQ BOARD MEMBER 1.00 0.00 X 0 0 0 REV MATHIAS D DURETTE OSB BOARD MEMBER 1.00 0.00 X 0 0 0 DR MARGARET A EMMONS BOARD MEMBER 1.00 0.00 X 0 0 0 BRO DUNSTAN ENZOR OSB BOARD MEMBER (AS OF 10/2023) 1.00 0.00 X 0 0 0 MS SHEILA O EVJY BOARD MEMBER 1.00 0.00 X 0 0 0 MR KEVIN R FITZGERALD BOARD MEMBER 1.00 0.00 X 0 0 0 SR ELINOR GARDNER BOARD MEMBER 1.00 0.00 X 0 0 0 MS BEVERLY GRAPPONE BOARD MEMBER 1.00 0.00 X 0 0 0 DR SUSAN HORTON DNP BOARD MEMBER (AS OF 10/2023) 1.00 0.00 X 0 0 0 MS LORI HOYT-RIPA BOARD MEMBER 1.00 0.00 X 0 0 0 MR ROGER JEAN BOARD MEMBER 1.00 0.00 X 0 0 0 E ELON JOFFREE DMD MPH BOARD MEMBER 1.00 0.00 X 0 0 0 REV AUGUSTINE G KELLY OSB BOARD MEMBER 1.00 0.00 X 0 0 0 MS ELIZABETH KELLY BOARD MEMBER 1.00 0.00 X 0 0 0 MR IVAN LAMOURT BOARD MEMBER 1.00 0.00 X 0 0 0 REV STEPHEN LAWSON OSB BOARD MEMBER 1.00 0.00 X 0 0 0 DR LAURENCE R MCCARTHY BOARD MEMBER 1.00 0.00 X 0 0 0 MR MATTHEW P O'CONNOR BOARD MEMBER 1.00 0.00 X 0 0 0 MS JENNIFER PARENT BOARD MEMBER 1.00 0.00 X 0 0 0 REV BENET C PHILLIPS OSB BOARD MEMBER 1.00 0.00 X 0 0 0 DR KARA PITT MD BOARD MEMBER 1.00 0.00 X 0 0 0 MR RONALD RENAUD JR BOARD MEMBER 1.00 0.00 X 0 0 0 MR RAY A ROTHROCK BOARD MEMBER 1.00 0.00 X 0 0 0 MR CHRIS SALAMONE ESQ BOARD MEMBER (AS OF 10/2023) 1.00 0.00 X 0 0 0 MR ROBERT F SAVARD BOARD MEMBER 1.00 0.00 X 0 0 0 FR ANSELM SMEDILE OSB BOARD MEMBER 1.00 0.00 X 0 0 0 MR MATTHEW J STEINAWAY BOARD MEMBER 1.00 0.00 X 0 0 0 BRO ANDREW L THORNTON OSB BOARD MEMBER (THRU 10/2023) 1.00 0.00 X 0 0 0 MR JOHN A VACCARO BOARD MEMBER (THRU 10/2023) 1.00 0.00 X 0 0 0 MS MARILOU WATSON BOARD MEMBER 1.00 0.00 X 0 0 0 MR WILLIAM WITHINGTON BOARD MEMBER 1.00 0.00 X 0 0 0 MR WILLIAM FURLONG VP, FINANCE & CFO 40.00 0.00 X 244176 0 32190 MR JAMES F FLANAGAN SR. VP, COLLEGE ADVANCEMENT 40.00 0.00 X 298479 0 57297 DR SHEILA LIOTTA VP, ACADEMIC AFFAIRS 40.00 0.00 X 245094 0 25068 MR STEVEN GOETSCH VP, ENROLLMENT 40.00 0.00 X 186834 0 24791 MR NEIL LEVESQUE EXECUTIVE DIRECTOR, NHIOP 40.00 0.00 X 179727 0 24028 MR STEVEN MCDEVITT CHIEF INFORMATION OFFICER 40.00 0.00 X 186094 0 15541 MR DARON MONTGOMERY VP, ATHLETICS & ATHLETIC DIRECTOR 40.00 0.00 X 177047 0 23705 DR ALICIA FINN - VP STUDENT AFFS. & DEAN OF STUDENTS (THRU 6/24) 40.00 0.00 X 179651 0 19493 DR GARY BOUCHARD - PROFESSOR & DIR. HUMANITIES INSTITUTE 40.00 0.00 X 162795 0 23682 DR MARK CRONIN - AVP ACADEMIC AFFAIRS & ACADEMIC DEAN 40.00 0.00 X 162624 0 21875 2640961 0 311456 45 0 1 0 LAVALLEE BRENSINGER PLLC 155 DOW STREET SUITE 400 MANCHESTER NH 03101 ARCHITECTURAL SERVICES 808785 NOONAN BROTHERS PAINTING LLC 140 BOUCHARD ST STE 1B MANCHESTER NH 03103 PAINTING SERVICES 442591 ACADEMIC PROGRAMS INTERNATIONAL 301 CAMP CRAFT ROAD SUITE 200 AUSTIN TX 78746 STUDY ABROAD INSTRUCTION 331505 MASSLIVECOM DEPT 77571 PO BOX 77000 DETROIT MI 482770571 MARKETING SERVICES 257008 GRANT THORNTON LLP 53 STATE STREET SUITE 1600 BOSTON MA 01209 AUDIT & TAX SERVICES 125205 9 3984462 23486435 1038777 27470897 STUDENT TUITION & FEES 611710 96222734 96222734 STUDENT ROOM & BOARD 611710 30738354 30738354 AUXILIARY REVENUE 900099 4999838 4999838 131960926 2302593 1702568 600025 57278239 4500 52247151 0 5031088 4500 5035588 5035588 166770004 131960926 1702568 5635613 59000602 59000602 1991531 394146 870514 726871 38915085 32772407 4587890 1554788 2341406 2021101 236596 83709 8306530 6948917 1069805 287808 2478587 2139515 250458 88614 40453 26363 14090 161756 161756 3619 3619 475458 475458 4895313 3997821 717977 179515 539971 167798 358458 13715 2662179 1933310 500849 228020 2773708 1262037 1335529 176142 5370837 5026117 273105 71615 2396113 2232225 46309 117579 266098 248862 15141 2095 2796075 2449702 273053 73320 6751148 4509350 1767253 474545 776641 1642 774999 DINING SERVICES COGS 6848453 6848453 CATERING 882179 618418 132193 131568 BOOKS AND PERIODICALS 710579 709843 736 MEMBERSHIPS 331638 216743 97931 16964 855768 417511 356415 81842 152571727 133942883 14320134 4308710 1094491 1916137 12348827 13599978 5461526 11771303 3506987 4045027 1097416 892265 2053954 2689303 213076890 89103355 117794858 123973535 59503554 72584953 140758908 141180044 7081574 7436954 350702095 380089499 10690842 12042350 5634846 4903445 77116542 75701888 1437349 1237108 1611854 1555077 96491433 95439868 X 154970956 168233318 99239706 116416313 254210662 284649631 350702095 380089499 X 14198277 15699956 540736 X 0 1 X 1 1 1 X 13900585 15490079 12623017 12699186 27470897 82183764 13900585 15490079 12623017 12699186 27470897 82183764 5971750 76212014 1284028 148952 474099 1472188 2027561 5406828 596342 610715 143167 275032 1625256 89215848 599774009 0.85420 0.85270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3619 3619 0 PART II-B, LINE 1I: THE COLLEGE IS A DUES PAYING MEMBER OF AGB, NACUBO, NAICU, AND NHCUC; A PORTION OF ITS ANNUAL DUES ARE ATTRIBUTABLE TO LOBBYING AND ARE REPORTED IN SCHEDULE C, PART II-B, LINE 1(I). THE COLLEGE ALLOCATES 10% OF ANNUAL MEMBERSHIP DUES ATTRIBUTABLE TO LOBBYING EXPENSES. X X X 0 200158610 1556530 21929247 4525390 5531141 213587856 192714136 3313792 13924461 4140698 5653081 200158610 219981962 4874666 -23597826 2410362 6134304 192714136 162972020 3979914 57487195 2531038 3926129 217981962 164005484 7631349 34604 2968719 3730698 164972020 0.57720 0.26230 0.16050 0 0 16656241 16656241 158308953 75310424 82998529 30529368 11891948 18637420 7582328 1900983 5681345 123973535 EQUITIES 56926894 F PRIVATE EQUITY 35419825 F FLEXIBLE CAPITAL 26487070 F REAL ASSETS 22346255 F 141180044 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 1555077 1555077 X 123711270 15699956 -58283232 -42583276 166294546 475458 475458 166770004 93272301 0 93272301 475458 58823968 59299426 152571727 PART III, LINE 1A: DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF ART AND FURNISHINGS. THESE COLLECTIONS ARE HOUSED IN A PROTECTED ENVIRONMENT AND ARE USED FOR EXHIBITION PURPOSES FOR THE PUBLIC, FOR EDUCATION AND RESEARCH, AS WELL AS FOR THE FURTHERANCE OF SERVICE TO THE PUBLIC. THESE COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY MANNER. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF PREPARING THE ACCOMPANYING FINANCIAL STATEMENTS. PART III, LINE 4: DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF HISTORIC AND CONTEMPORARY FINE AND DECORATIVE ART UNDER THE CARE OF THE ALVA DE MARS MEGAN CHAPEL ART CENTER. THESE COLLECTIONS ARE PERIODICALLY EXHIBITED IN CURATED PUBLIC EXHIBITIONS, AND WHEN NOT ON VIEW ARE HOUSED IN A SECURED, CLIMATE-CONTROLLED ENVIRONMENT. EXHIBITIONS OF ARTWORKS FROM THIS COLLECTION ARE MOUNTED TO SERVE THE PUBLIC AND THE COLLEGE FACULTY AND STUDENTS, ARE FREE OF ADMISSION CHARGE, AND ARE OFTEN MOUNTED IN TANDEM WITH RELATED FREE PUBLIC PROGRAMS INCLUDING SCHOLARLY LECTURES, CONCERTS, AND GALLERY TALKS. THE COLLECTION IS CATALOGUED FOR EASE OF ACCESS BY THE CURATOR, STUDENT INTERNS, AND MEMBERS OF THE COLLEGE FACULTY FOR RESEARCH PROJECTS OR TEACHING, AND FACULTY AND STUDENTS MAKE USE OF ARTWORKS IN THE COLLECTION FOR THESE PURPOSES, FACILITATED BY THE CHAPEL ART CENTER CURATORIAL STAFF. IN KEEPING WITH BEST PRACTICES FOR MUSEUM COLLECTIONS, THESE ARTWORKS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY MANNER. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF PREPARING THE ACCOMPANYING FINANCIAL STATEMENTS. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE COLLEGE'S ENDOWMENT CONSISTS OF BOARD-DESIGNATED FUNDS AND FUNDS CONTRIBUTED TO THE COLLEGE, THE INCOME FROM WHICH IS TO BE USED FOR SCHOLARSHIPS, CAPITAL IMPROVEMENTS, FACULTY DEVELOPMENT EXPENSES, LIBRARY EXPENSES AND VARIOUS OTHER PROGRAM EXPENSES. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITION THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE -58,823,968. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 540,736. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 58,823,968. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CONSISTENT WITH THE BENEDICTINE, CATHOLIC PRINCIPLES THAT SUSTAIN THE MISSION AND HERITAGE OF SAINT ANSELM COLLEGE, NO ONE ACTING ON BEHALF OF THE COLLEGE OR IN ADMINISTERING THE AFFAIRS OF THE COLLEGE, SHALL DISCRIMINATE AGAINST ANY STUDENT, FACULTY, STAFF, VENDOR, OR CONTRACTOR ON THE BASIS OF THE INDIVIDUAL'S RACE, COLOR, GENDER, RELIGION, NATIONAL ORIGIN, MARITAL STATUS, AGE, DISABILITY, SEXUAL ORIENTATION, OR VETERAN STATUS. SCHEDULE E, PART I, LINE 6 TTHE COLLEGE RECEIVES AMOUNTS FOR STUDENT FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. IT ALSO RECEIVES VARIOUS OTHER GRANTS FROM THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE U.S. DEPARTMENT OF HOMELAND SECURITY (FEDERAL EMERGENCY MANAGEMENT AGENCY), THE U.S. DEPARTMENT OF TREASURY, THE DEPARTMENT OF JUSTICE, THE NATIONAL SCIENCE FOUNDATION, THE NATIONAL ENDOWMENT FOR THE HUMANITIES, AS WELL AS AMOUNTS FROM THE STATE OF NEW HAMPSHIRE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 28524589 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 4835383 0 0 0 0 0 0 33359972 0 33359972 1 0 1 1 1 0 PART IV, LINES 1, 3, 4, AND 5: THE COLLEGE HAS CERTAIN ALTERNATIVE INVESTMENTS THAT IT MAY MAKE TRANSFERS TO OR GENERATE OWNERSHIP INTEREST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. AS SUCH, SCHEDULE F PART IV REFLECTS THESE TRANSFERS AND INTERESTS. THE COLLEGE HAS REVIEWED THESE INVESTMENTS FOR ANY TRANSFERS OR INTERESTS THAT ARE REQUIRED TO BE FURTHER REPORTED ON FORMS 926, 5471, 8621, OR 8865. 1 SCHOLARSHIPS 2036 57842631 RESIDENT ASSISTANT GRANTS 55 981337 FELLOWSHIPS 106 176634 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE THE COLLEGE'S FINANCIAL AID OFFICE MONITORS ALL RECIPIENTS OF SCHOLARSHIP AWARDS TO DETERMINE BOTH INITIAL AND CONTINUING ELIGIBILITY BASED UPON THE CRITERIA FOR THE TYPE OF AWARD. VARIOUS CRITERIA MAY INCLUDE, BUT IS NOT LIMITED TO, ACADEMIC PERFORMANCE, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY DONORS OF SCHOLARSHIP FUNDS. VARIOUS COLLEGE DEPARTMENTS ALSO AWARD FELLOWSHIPS TO STUDENTS FOR THE PURPOSE OF STUDY OR RESEARCH, INCLUDING THE COMPLETION OF UNPAID INTERNSHIPS. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 DR JOSEPH FAVAZZA PRESIDENT 395551 0 27300 0 195589 0 34913 0 8873 0 662226 0 105500 0 MR JAMES F FLANAGAN SR. VP, COLLEGE ADVANCEMENT 283189 0 14000 0 1290 0 25054 0 32243 0 355776 0 0 0 MR WILLIAM FURLONG VP, FINANCE & CFO 233486 0 10000 0 690 0 20867 0 11323 0 276366 0 0 0 DR SHEILA LIOTTA VP, ACADEMIC AFFAIRS 237804 0 2000 0 5290 0 20564 0 4504 0 270162 0 0 0 MR STEVEN GOETSCH VP, ENROLLMENT 184546 0 2000 0 288 0 16422 0 8369 0 211625 0 0 0 MR NEIL LEVESQUE EXECUTIVE DIRECTOR, NHIOP 177096 0 2000 0 631 0 15806 0 8222 0 203755 0 0 0 MR STEVEN MCDEVITT CHIEF INFORMATION OFFICER 176879 0 7500 0 1715 0 15209 0 332 0 201635 0 0 0 MR DARON MONTGOMERY VP, ATHLETICS & ATHLETIC DIRECTOR 171438 0 5000 0 609 0 15336 0 8369 0 200752 0 0 0 DR ALICIA FINN - VP STUDENT AFFS. & DEAN OF STUDENTS (THRU 6/24) 171390 0 5000 0 3261 0 15210 0 4283 0 199144 0 0 0 DR GARY BOUCHARD - PROFESSOR & DIR. HUMANITIES INSTITUTE 161607 0 0 0 1188 0 14609 0 9073 0 186477 0 0 0 DR MARK CRONIN - AVP ACADEMIC AFFAIRS & ACADEMIC DEAN 156119 0 5000 0 1505 0 14062 0 7813 0 184499 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF THE COLLEGE LIVES IN AN OFF-CAMPUS HOUSE THE VALUE OF WHICH IS REPORTED AS TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE LAWS. THE COLLEGE COVERS THE COSTS OF ROUTINE UTILITIES, ROUTINE HOME MAINTENANCE AND REPAIR, LAWN SERVICES, AND SNOW REMOVAL FOR THE COLLEGE OWNED-PROPERTY. THESE COSTS ARE NOT TAXABLE TO THE PRESIDENT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE SENIOR VICE PRESIDENT FOR COLLEGE ADVANCEMENT HAS A MEMBERSHIP TO A LOCAL COUNTRY CLUB PAID FOR BY THE COLLEGE. THE BUSINESS PURPOSE IS FOR THE ENTERTAINMENT OF POTENTIAL DONORS TO THE COLLEGE OR OTHER IMPORTANT GUESTS. THE FAIR VALUE OF PERSONAL USAGE, IF ANY, IS ADDED TO THE EMPLOYEE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE TAX LAW. PART I, LINE 4B NON-QUALIFIED RETIREMENT PLAN THE PRESIDENT PARTICIPATES IN A DEFERRED COMPENSATION PLAN. A PAYMENT UNDER THE PLAN VESTED IN 2023 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). AMOUNTS PREVIOUSLY DEFERRED FOR THIS PAYMENT ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (F). THE PRESIDENT IS ENTITLED TO FURTHER PAYMENT UNDER THE PLAN WHICH IS SCHEDULED TO VEST EFFECTIVE JUNE 30, 2025. NO AMOUNTS WERE ACCRUED IN 2023. PART I, LINE 7 NON-FIXED PAYMENTS A DISCRETIONARY PAY-FOR-PERFORMANCE BONUS WAS PAID TO CERTAIN COLLEGE ADMINISTRATORS AND STAFF. SUCH PAYMENTS WERE BASED ON THEIR ANNUAL EVALUATION AND DECIDED BY THEIR SUPERVISOR AND SENIOR LEADERSHIP. A NH HEALTH & EDUCATION FACILITIES AUTHORITY 020279866 6446142A6 2013-07-25 11726280 NEW DORM & ELECTRICAL SUBSTATION 0 0 0 B NH HEALTH & EDUCATION FACILITIES AUTHORITY 020279866 6446142A6 2016-11-10 18270826 EXPAN. & RENOVATION OF STUDENT CTR 0 0 0 C NH HEALTH & EDUCATION FACILITIES AUTHORITY 020279866 2018-03-06 61150000 REFI EXIST. BOND TERM SWAPS, WELCOME CENTER 0 0 0 D NH HEALTH & EDUCATION FACILITIES AUTHORITY 020279866 2022-07-11 30000000 SEE PART VI 0 0 0 A 11726280 190353 11535927 2014 0 0 1 1 B 2460000 18270826 237734 18033092 2018 0 0 1 1 C 4259975 61150000 556718 60593282 2020 1 0 1 1 D 30000000 449676 29550324 2025 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART I, BOND D, COLUMN F - DESCRIPTION OF PURPOSE: CAPITAL EXPENDITURES, EQUIPMENT ACQUISITION AND CONSTRUCTION AND RENOVATION OF FACILITIES INCLUDING BUT NOT LIMITED TO A NEW BUILDING FOR THE SCHOOL'S NURSING PROGRAM. SCHEDULE K, PART IV, LINE 2C, COLUMN B: THE COLLEGE COMMISSIONED AN INDEPENDENT THIRD-PARTY BOND ARBITRAGE SPECIALIST TO DETERMINE WHETHER ANY ARBITRAGE EXISTED ON ITS 2016 BOND ISSUANCE. THE ARBITRAGE REPORT WAS ISSUED ON NOVEMBER 10TH, 2021 AND THE CONSULTANT CONCLUDED THAT NO REBATE WAS DUE. SCHEDULE K, PART IV, LINE 2C, COLUMN C: THE COLLEGE COMMISSIONED AN INDEPENDENT THIRD-PARTY BOND ARBITRAGE SPECIALIST TO DETERMINE WHETHER ANY ARBITRAGE EXISTED ON ITS 2018 BOND ISSUANCE. THE ARBITRAGE REPORT WAS ISSUED ON MARCH 6TH, 2023 AND THE CONSULTANT CONCLUDED THAT NO REBATE WAS DUE. TRUSTEE 20000 SCHOLARSHIP MERIT SCHOLAR SCHEDULE L, PART III: GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONSTHE COLLEGE AWARDED A SCHOLARSHIP TO ONE STUDENT WHO IS THE CHILD OF A CURRENT MEMBER OF THE BOARD OF TRUSTEES. THE SCHOLARSHIP WAS GRANTED SOLELY ON THE BASIS OF MERIT, AND THE STUDENT MET ALL REQUIRED ACADEMIC ELIGIBILITY CRITERIA. THE TRUSTEE HAD NO INVOLVEMENT OR INFLUENCE IN THE SCHOLARSHIP SELECTION OR AWARD PROCESS. X 34 1038777 AVG. HIGH/LOW METHOD 0 0 0 PART I, COLUMN (B): THE QUANTITIES LISTED IN PART I, COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS. FORM 990, PART V, LINE 1A: FORM 1096 REPORTING AMOUNT REPORTED IN BOX 3 OF FORM 1096 INCLUDES 2,548 FORMS 1098-T. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THE COLLEGE HAS MEMBERS WHO ARE RELIGIOUS INDIVIDUALS IN SOLEMN VOWS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER OR STOCKHOLDERS THE COLLEGE'S MEMBERS ELECT EIGHT INDIVIDUALS TO THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OR STOCKHOLDERS QUESTIONS REGARDING THE MISSION, SITING OF BUILDINGS AND DISPOSITION OF CAMPUS PROPERTY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY MANAGEMENT OF THE COLLEGE AND REVIEWED BY A TAX ADVISORY FIRM. THE DRAFT FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE AND RECOMMENDED FOR APPROVAL BY THE GOVERNING BODY. SUBSEQUENTLY, THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY WITH OPPORTUNITY TO RAISE QUESTIONS OR ISSUES. AFTER RESOLUTION AND PRIOR TO FILING THE FORM 990 WITH THE IRS, THE DRAFT FORM 990 IS SUBMITTED FOR APPROVAL BY THE EXECUTIVE COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT A WRITTEN COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE TRUSTEES OF THE GOVERNING BOARD AND OFFICERS WHO ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, INDICATING THEY ARE IN COMPLIANCE WITH THE POLICY AND/OR DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT'S OFFICE RECEIVES AND REVIEWS THE RESPONSES TO DETERMINE IF THERE ARE ANY POTENTIAL CONFLICTS THAT NEED TO BE DISCLOSED, DISCUSSED AND/OR MITIGATED. IN ACCORDANCE WITH THE POLICY "A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING." FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION COMPENSATION PROCESS FOR TOP OFFICIALS: THE COMPENSATION AMOUNT FOR THE PRESIDENT POSITION IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, AND GEOGRAPHIC LOCATION, COMPLETED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION FOR THE PRESIDENT WAS REVIEWED UPON HIRE IN JULY 2019 AND AGAIN IN SPRING OF 2022. COMPENSATION PROCESS FOR OFFICERS AND HIGHEST PAID EMPLOYEES: THE COMPENSATION AMOUNT FOR OFFICERS AND HIGHEST PAID EMPLOYEES IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, GEOGRAPHIC LOCATION AND CUPA HR. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE COMPENSATION OF THE PRESIDENT, OFFICERS AND HIGHEST PAID EMPLOYEES. COMPENSATION DECISIONS AND REPORTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING OF THE COMPENSATION COMMITTEE WHEN THE DECISIONS ARE MADE. REVIEWS ARE USUALLY PERFORMED ON AN AD HOC BASIS AS NEEDS ARISE BUT A FULL STUDY OF ALL SENIOR LEADERSHIP POSITIONS WAS CONDUCTED IN THE SPRING OF 2022. THE PERSONNEL REVIEW COMMITTEE IS COMPRISED OF VICE PRESIDENT FOR FINANCE & CFO, EXECUTIVE DIRECTOR OF HUMAN RESOURCES AND THE ASSISTANT VICE PRESIDENT FOR FINANCE. THE PERSONNEL REVIEW COMMITTEE REVIEWS ANY POSITION OVER $15,000 AND CONSULTS WITH THE PRESIDENT ON ANY POSITION WITH A SALARY OVER $125,000. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO FACULTY, STAFF AND STUDENTS VIA ITS INTERNAL PORTAL. GOVERNING DOCUMENTS AS WELL AS THE FILED FORMS 990 ARE AVAILABLE TO THE GREATER PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 540,736. SAINT ANSELM ABBEY 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 264322319 MONASTERY NH 501(C)(3) LINE 1 N/A 0 BENEDICTINE FATHERS OF THE PRIORY 320 PORTOLA ROAD PORTOLA VALLEY CA 94028 941399274 HIGH SCHOOL CA 501(C)(3) LINE 2 N/A 0 CHARITABLE REMAINDER TRSUTS (7) 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 EDUCATION NH N/A 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 1 1 1 1 1