2025-05-15T07:25:43-07:00 2024-06-30 990 2023-07-01 141338587 VASSAR COLLEGE VASS 8454377000 124 Raymond Ave Box 12 Poughkeepsie NY 12604 Angelique Crump Controller 8454375890 2025-05-14 1 2023 2025-03-06 01:10:19Z Elizabeth Howe Bradley 124 Raymond Ave Box 12 Poughkeepsie NY 12604 722777026 0 X www.vassar.edu X 1861 NY The mission of Vassar College is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. The College makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. Vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. Founded in 1861 to provide women an education equal to that once available only to men, Vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive. 27 26 3631 2294 153014 0 45174736 74159081 206260876 215561909 29434605 34271461 3575852 3512069 284446069 327504520 72040285 75671471 0 0 139895672 147780796 52154 94000 14285225 93400309 98097888 305388420 321644155 -20942351 5860365 1837463297 1926108246 368539358 352800413 1468923939 1573307833 The mission of Vassar College is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. The College makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. Vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. Founded in 1861 to provide women an education equal to that once available only to men, Vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive. 0 0 160949962 75442378 172049220 Instruction - Vassar fosters intellectual openness and exploration through its varied course offerings which includes 30 departments, 3 interdepartmental programs, 14 multidisciplinary programs, and 50 majors offering over 1,000 courses. Students are encouraged to develop different perspectives through engaging in dialogue with faculty and fellow students, working on closely mentored independent research and creative projects, and participating in various forms of community-engaged learning, all of which enable them to achieve the insight and confidence needed to function most effectively in today's complex world. The College admits students in early and regular decision without consideration for the student's ability to pay then meets the full demonstrated need of the student for all four years of their education. This generous financial aid program is enabled by the College's endowment with about $80M of aid and $70M of endowment drawn a year. 38533789 0 0 Academic Services - The College provides significant academic support services to enhance and strengthen students' educational experiences and outcomes. This includes faculty advising from new student orientation through graduation, a library with more than a million books and access to thousands of online journals, an art museum that supports education through the preservation, documentation, interpretation, presentation, and development of its collections; a robust international programs office that supports students' global education, as well as many other support resources that improve student outcomes. These robust academic support services contribute to Vassar's overall four-year graduation rate of almost 90% and 6-year graduation rate that often exceeds 90%. Approximately 20% of Vassar's students are Pell recipients with similar graduation rates. 33074833 0 29484441 Student Services - As a residential college, Vassar is committed to providing support services to help students make the most of their time at Vassar. The division of the Dean of the College provides and coordinates services that improve the quality of academic and co-curricular student life. These services include a robust residential life program, which includes faculty and staff delivering programming to enhance the on-campus student experience. This also includes medical and mental health services to help students maintain their holistic well-being through graduation as well as career education services, which help students plan for their post-graduation career. These services contribute to the high graduation and retention rates and also contribute to high job and graduate school placement rates. Over 90% of students are employed, enrolled in graduate school, or receive a competitive fellowship within 6-months of graduation. 23878130 229093 15733726 Other program services include research expenditures, general program overhead costs, and auxiliary enterprise revenue and expenditures. 23878130 229093 15733726 256436714 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 X 3672 0 1 3631 1 1 1 1 EI FR IT SP 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO MA MI MN NH NV OH SC X X Angelique Crump Controller 8454375890 124 Raymond Ave Box 12 Poughkeepsie NY 12604 X Elizabeth Howe Bradley President and Trustee 40.00 X X 673418 0 146740 Timothy Kane VP for Alumnae Affairs and Dev 40.00 X 364752 0 144138 Bryan A Swarthout VP for Fin and Admin 40.00 X 337048 0 73303 William Hoynes Dean of Faculty 40.00 X 289593 0 63165 Carlos Leoncio Garcia VP for Tech and HR; Chief Information Officer 40.00 X 277747 0 64239 Carlos Alamo Dean of College 40.00 X 279348 0 53611 Robert K Brigham Professor of History 40.00 X 247113 0 63096 Robert DeMaria Professor of English 40.00 X 231188 0 58256 Marianne Begemann Dean of Str Plan and Acad Res 40.00 X 240279 0 44746 Lizabeth Paravisini-Gebert Professor of Hispanic Studies 40.00 X 236610 0 42913 Sonya Smith Dean of Admissions and Student Fin Services 40.00 X 236730 0 41745 David A Kennett Professor of Economics 40.00 X 211803 0 53497 Maxine Coleman Assistant VP for Facilities Operations 40.00 X 202154 0 59906 Angelique Crump Controller 40.00 X 160274 0 92158 Shay Humphrey - From 04 2023 General Counsel 40.00 X 212385 0 31119 Gladwyn Lopez - Thru 07 2023 Interim VP for Communications 40.00 X 153566 0 56450 Wesley Dixon Secretary of the Board 40.00 X 173607 0 25373 Victoria Grantham - From 07 2023 VP for Communications 40.00 X 123613 0 13457 Francesca Amann Trustee 2.00 X 0 0 0 Eric Beringause Trustee and Committee Chair 4.00 X 0 0 0 Jason Blum Trustee 2.0 X 0 0 0 Ernie Ceberio Trustee 2 X 0 0 0 Sharon Chang Trustee and Committee Chair 4 X 0 0 0 Delia Cheung Hom Trustee 2.0 X 0 0 0 Winston Clement Trustee 2 X 0 0 0 Patrick DeYoung Trustee 2 X 0 0 0 Brian Farkas Trustee and Committee Chair 4 X 0 0 0 Lee Feinstein Trustee 2 X 0 0 0 Robyn Field Trustee 2 X 0 0 0 Tyrone Forman Trustee 2 X 0 0 0 Anthony J Friscia Trustee and Board Chair 10 X 0 0 0 Amy Guerly Trustee 2 X 0 0 0 Jennifer Haas Trustee 2 X 0 0 0 Leslie Jackson Chihuly Trustee and Committee Chair 4.00 X 0 0 0 Eric Liu Trustee 2 X 0 0 0 John McCormick Trustee and Committee Chair 4 X 0 0 0 Mark Ordan Trustee and Committee Chair 4 X 0 0 0 Carol S Ostrow Trustee and Committee Chair 4 X 0 0 0 Cynthia Patton Trustee and Committee Chair 4 X 0 0 0 Kathy Putnam Trustee 2 X 0 0 0 Alexandra Shiva Trustee 2 X 0 0 0 Robert Tanenbaum Trustee 2 X 0 0 0 Kerry Tatlock Trustee 2 X 0 0 0 Monica Vachher Trustee 2 X 0 0 0 4651228 0 1127912 289 0 1 0 Consigli Construction Co Inc 11 Garden Street Suite 101 Poughkeepsie NY 12601 Construction Services 21886908 RL Baxter Building Corp 11 Garden Street Suite 101 Poughkeepsie NY 12601 Construction Services 8694411 Compass Group USA PO Box 417632 Boston MA 02241 Food Service 6864665 Ecosystem Energy Services USA Inc 462 7th Avenue Floor 22 New York NY 10018 Construction Services 3704187 Ventures Group LLC PO Box 907 Canaan CT 06018 Construction Services 2765213 187 73851 0 0 0 2986984 71098246 6521987 74159081 Tuition and Fees 611310 172049220 172049220 0 0 Room and Board 611310 40995732 40995732 0 0 Other Program Revenue 611310 2516957 2516957 0 0 0 0 0 0 215561909 15418105 0 -1059 15419164 0 0 0 0 0 0 0 0 2224945 0 710585 0 1514360 0 1514360 0 0 1514360 412908547 81788 394072937 64042 18835610 17746 18853356 0 154073 18699283 0 0 0 0 0 0 0 0 0 0 0 0 731179 424942 306237 306237 0 0 Auxiliary Revenue 900099 1399241 1399241 0 0 Commission Revenue 900099 292231 0 0 292231 0 0 0 0 1691472 327504520 217267387 153014 35925038 229093 229093 74751062 74751062 691316 691316 0 0 4586140 2722327 1159190 704623 0 0 0 0 100517005 80413604 15077551 5025850 8144232 6718991 1018029 407212 26847984 22149587 3355998 1342399 7685435 6148348 1152815 384272 0 0 0 0 243619 0 243619 0 333030 0 333030 0 0 0 0 0 94000 94000 12126800 0 12126800 0 6639980 3983988 331999 2323993 81283 58524 4064 18695 8763610 5353268 2988930 421412 4624685 4614577 8469 1639 18080 17596 484 0 10032213 6219972 3711919 100322 4545961 2818496 500056 1227409 0 0 0 0 3486488 1131409 936895 1418184 11397667 9298607 1889154 209906 0 0 0 0 17402145 14172307 2906854 322984 1543241 305352 1010182 227707 Food Service 7185712 5389284 1796428 0 JYA Programs 4826114 4826114 0 0 Library Materials 2451223 2451223 0 0 Memberships 504648 272632 196119 35897 1891389 1699037 173631 18721 321644155 256436714 50922216 14285225 15765369 10153793 14083751 21664281 14317745 19174551 424006 363026 1805835 1495285 698973 676564 5982236 6516401 985369182 450175811 503802942 535193371 260662864 296740313 1008126763 1021795843 11792813 12334818 1837463297 1926108246 29933674 24665895 0 0 2025144 1763826 177590265 175234774 0 0 0 0 102200000 102200000 56790275 48935918 368539358 352800413 X 338663990 384831561 1130259949 1188476272 1468923939 1573307833 1837463297 1926108246 X 5860365 92635606 0 0 0 5887923 X 0 1 X 1 1 1 X 39748818 43734745 51242669 45174736 74159081 254060049 0 0 0 0 0 0 0 0 0 0 0 0 39748818 43734745 51242669 45174736 74159081 254060049 26064523 227995526 15423508 11701634 10650411 13830201 17490036 69095790 3163 365741 2182107 958964 153014 3662989 188517 118863 218676 274815 292231 1093102 327911930 985114837 0.69530 0.75050 X Schedule A, Part II, Line 10 Other income includes miscellaneous revenue. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 0 Schedule C, Part II-B, Line 1 The College pays membership dues to several organizations which may engage in lobbying activities on behalf of their members. Expenses are not readily determinable, but are less than $5,000. X 1 1 0 0 0 1 0 12 0 1 749181 81817219 0 0 X X X X X Instruction 1 1224163708 30416429 111415274 2413156 62593135 0 1300989120 1196336464 16942767 73171587 2626174 59660936 0 1224163708 1378988146 10499826 -134576896 2573660 56000952 0 1196336464 1097975650 13130757 326021010 2399959 55739312 0 1378988146 1117379506 16472009 20890765 17080515 39686115 0 1097975650 0.1461 0.3802 0.4737 1 0 539843 1635430 2175273 3904503 633158326 285122234 351940595 0 2408356 0 2408356 0 77317971 68026359 9291612 0 266404753 97027218 169377535 535193371 0 0 Hedge Funds 245745043 F Real Estate, Oil and Gas 101210020 F Marketable Real Estate 3886702 F Venture Capital 670954078 F 1021795843 0 Refundable Government Loan Funds 59856 Present Value of Beneficiary Payments 8181779 Deposits Held for Others 1008178 Finance Lease Liability 3794254 Accrued Pension Obligation 851141 Accrued Retirement Obligation 12205793 Accrued Post Retirement Benefit Obligation 22834917 48935918 X 335898444 92635606 0 0 424942 93060548 242837896 12126800 72539824 84666624 327504520 231514550 0 0 0 -5462981 -5462981 236977531 12126800 72539824 84666624 321644155 Schedule D, Part II, Line 9 The College's conservation easement has no attributed value and is not recorded in the financial statements. Schedule D, Part III, Line 4 The College's Frances Lehman Loeb Art Center maintains collections of paintings, sculptures, prints photographs and ceramics for use by faculty and students as a complement to the curriculum in a variety of instructional disciplines. Schedule D, Part V, Line 4 The College's Endowment Funds are maintained according to donor restrictions and earnings are used to support scholarships and a variety of programs including instruction, research and academic support. Schedule D, Part X, Line 2 The College generally does not provide for income taxes since it is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. U.S. GAAP permits an organization to recognize the benefit and requires accrual of an uncertain tax position only when the position is "more likely than not" to be sustained in the event of examination by taxing authorities. Tax positions deemed to meet the "more likely than not" threshold are recorded as a tax expense in the current year. The College has analyzed all open tax years and believes it has no significant uncertain tax positions. Schedule D, Part XI, Line 2d Cost of Goods Sold - Computer Store and College Store $424,942 Schedule D, Part XI, Line 4b Scholarships $72,539,824 Schedule D, Part XII, Line 2d Cost of Goods Sold - Computer Store and College Store $424,942; Adjustment to Minimum Pension Liability ($5,443,131); Post Retirement Benefits Changes Other than Net Periodic Costs ($444,792); Total ($5,462,981) Schedule D, Part XII, Line 4b Scholarships $72,539,824 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Vassar College publicizes its non-discriminatory policy via brochures mailed to all Vassar College potential students as well as on the College's website. Schedule E, Part I, Line 6 Vassar College participates in the U.S. Department of Education Title IV Aid Programs and regularly receives awards for research from several federal agencies. The College also receives funding from New York State's Bundy Program. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking Scholarships 691316 Europe (including Iceland and Greenland) 4 4 Program Services Academic Instruction 1537711 Central America and the Caribbean 0 0 Investments Investments 313192097 Europe (including Iceland and Greenland) 0 0 Investments Investments 44535137 North America (including Canada and Mexico, but not the United States) 0 0 Investments Investments 4421031 4 4 364377292 Scholarships Europe (including Iceland and Greenland) 26 691316 Wire/Electronic Funds 1 0 1 1 1 0 Schedule F, Part I, Line 2 Students who are awarded scholarships have funds credited to their account and use is restricted to purposes related to enrollment in a program of study. Schedule F, Part I, Line 3 Expenses are accounted for using the accrual method of accounting and investments are accounted for using the fair market value. Schedule F, Part IV, Line 1 The College invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the College's activities may not reach thresholds required for filing Forms 926, 5471, 5713, 8621 or 8865. To the extent such a form was completed, it has been filed with the College's Form 990T. X X X X X X 1 Washburn and McGoldrick LLC 24 N Bryn Mawr Ave Bryn Mawr PA 19010 Consulting 0 0 94000 -94000 0 94000 -94000 AK AL AR AZ CO CT DC HI MA ME MI MN MS NC NH NJ NV NY OH OR PA SC UT VA WA Schedule G, Part I, Line 2a The professional fundraisers were engaged to provide fundraising consulting services to the College and were not engaged to collect contributions or run a campaign on behalf of the College. 1 Community Matters 2 Inc 50 N Hamilton Street Poughkeepsie NY 12601 832202540 501(c)(3) 5500 Grant to support the organization's mission Hudson River Housing Inc 313 Mill Street Poughkeepsie NY 12601 222456648 501(c)(3) 8568 Grant to support the organization's mission Dutchess County Pride Center Inc 1085 Route 55 Unit 401 Lagrangeville NY 12540 831955663 501(c)(3) 7128 Grant to support the organization's mission Finish Strong Wellness Center Inc 29 N Hamilton Street Suite 211 Poughkeepsie NY 12601 852779036 501(c)(3) 9128 Grant to support the organization's mission Climate Vault Inc 5757 S University Ave Chicago IL 60637 854211960 501c(3) 98770 Grant to support organization's mission. 4 0 Fellowships with required periodic written reports of activities to the College. 325 1051176 Scholarships restricted to purposes related to enrollment in a program of study. 1343 73557040 Scholarships related to enrollment in nursery school and other aid. 76 142846 Schedule I, Part I, Line 2 Vassar College raises funds for, and makes contributions to, a wide variety of 501(C)(3) organizations in the greater Poughkeepsie area. These organizations are selected annually by a committee of employees and students after review of their activities and mission. Employees and students also volunteer time at each organization. Funds are collected annually from the gifts of employees, students, trustees and friends of Vassar as part of the "Community Works" campaign. Vassar also makes small contributions to other local non-profit and governmental entities who are not part of the campaign. Schedule I, Part III Students who are awarded scholarships have funds credited to their account and the use is restricted to purposes related to enrollment in a program of study. Recipients of fellowships are required to submit periodic written reports of their activities to the College. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Elizabeth Howe Bradley President and Trustee 667594 0 0 0 5824 0 39600 0 107140 0 820158 0 0 0 Timothy Kane VP for Alumnae Affairs and Dev 363564 0 0 0 1188 0 39600 0 104538 0 508890 0 0 0 Bryan A Swarthout VP for Fin and Admin 314368 0 0 0 22680 0 39057 0 34246 0 410351 0 0 0 William Hoynes Dean of Faculty 283113 0 0 0 6480 0 35802 0 27362 0 352757 0 0 0 Carlos Alamo Dean of College 277211 0 0 0 2137 0 33578 0 20034 0 332960 0 0 0 Carlos Leoncio Garcia VP for Tech and HR; Chief Information Officer 274747 0 0 0 3000 0 34143 0 30096 0 341986 0 0 0 Marianne Begemann Dean of Str Plan and Acad Res 234643 0 0 0 5636 0 28880 0 15866 0 285025 0 0 0 Robert DeMaria Professor of English 226702 0 0 0 4486 0 28686 0 29570 0 289444 0 0 0 Sonya Smith Dean of Admissions and Student Fin Services 224082 0 0 0 12648 0 28628 0 13117 0 278475 0 0 0 Robert K Brigham Professor of History 218052 0 0 0 29062 0 30405 0 32690 0 310209 0 0 0 Shay Humphrey - From 04 2023 General Counsel 212247 0 0 0 138 0 22800 0 8319 0 243504 0 0 0 David A Kennett Professor of Economics 207517 0 0 0 4286 0 26121 0 27376 0 265300 0 0 0 Lizabeth Paravisini-Gebert Professor of Hispanic Studies 207401 0 0 0 29209 0 28540 0 14373 0 279523 0 0 0 Maxine Coleman Assistant VP for Facilities Operations 201974 0 0 0 180 0 25641 0 34265 0 262060 0 0 0 Wesley Dixon Secretary of the Board 173486 0 0 0 121 0 12302 0 13071 0 198980 0 0 0 Angelique Crump Controller 160049 0 0 0 225 0 20966 0 71192 0 252432 0 0 0 Gladwyn Lopez - Thru 07 2023 Interim VP for Communications 151904 0 0 0 1662 0 19995 0 36455 0 210016 0 0 0 Victoria Grantham - From 07 2023 VP for Communications 119258 0 0 0 4356 0 13000 0 457 0 137071 0 0 0 Schedule J, Part I, Line 1a On campus housing is provided for the President as a condition of employment and for the convenience of the College. In addition, housekeeping service is also provided for the President. The estimated value of this housing and housekeeping service is included in Part II, column D. Schedule J, Part I, Line 3 Vassar participates in a third party data collection process with 20 peer colleges. We submit data annually to a professional compensation analyst, who summarizes the data as a range with quartiles. The information is provided to the Personnel and Compensation Committee of the Board of Trustees, who will use this information to determine raises for all Senior Officers and reports their findings through the President and the Vice President for Technology and Human Resources and Chief Information Officer. Committee records are maintained by the Secretary of the Board of Trustees for the permanent files of the Board. We believe our policy meets the requirements of the rebuttable presumption. A Dutchess County Local Development Corp 273106797 267045JY9 2017-04-25 112120277 REFUND ISSUE DATED 04/18/2007 0 0 0 B Dutchess County Local Development Corp 273106797 267045NG3 2020-04-02 74206511 Refunding & New Money (SEE NOTES) 0 0 0 A 4400000 0 112120277 0 0 0 1032568 0 0 0 111087709 0 2017 1 0 1 1 B 1420000 0 74434621 0 0 0 795654 0 0 23149465 50489502 0 2023 1 0 1 1 A 0 0 1 1 1 1 0.001 0 0.001 0 0 1 B 0 0 1 1 1 1 0.001 0 0.001 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Schedule K, Part I, Column a-04/25/2017 112,120,277 Dutchess County Local Development Corp The Issuer Name is Dutchess County Local Development Corporation. Schedule K, Part I, Column a-04/02/2020 74,206,511 Dutchess County Local Development Corp The Issuer Name is Dutchess County Local Development Corporation. Schedule K, Part I, Column f-04/02/2020 74,206,511 Dutchess County Local Development Corp The Purpose of the Issue is to (i) to refund the Series 2010 Bonds Issued: 04/29/2010 (ii) capital improvements and (iii) pay costs of issuance. Schedule K, Part II, Line 3-04/02/2020 74,206,511 Dutchess County Local Development Corp The Total Proceeds of the Issue differs from the Issue Price due to interest earnings on investments of $228,110. Schedule K, Part II, Line 11-04/25/2017 112,120,277 Dutchess County Local Development Corp The Other Spent Proceeds are the Refunding Proceeds that are no longer in escrow. Schedule K, Part II, Line 11-04/02/2020 74,206,511 Dutchess County Local Development Corp The Other Spent Proceeds are the Refunding Proceeds that are no longer in escrow. X 7 706200 Independent Appraisals X 33655 Independent Appraisals X 107 5772806 Fair Market Value X Athletics Office - Construction 1 9326 Independent Appraisals 12 0 1 1 Schedule M, Part I, Line 32b Gifts of securities are received by registered brokers and sold on behalf of Vassar College. Proceeds from sales are deposited in the College bank accounts. Form 990, Part V, Line 1a The total number of 1098-T forms included on this line = 3,106. Form 990, Part VI, Section A, Line 7b Under a shared governance model, the Board delegates responsibility, with accountability, of certain matters, to the faculty, students, the alumnae and alumni of the College. Form 990, Part VI, Section B, Line 11b The Board of Trustees delegates the responsibility of oversight of the preparation of form 990 to the Audit Committee which reviews the entire form 990 as a draft prior to the completion of the review by the College's Tax Advisors. The final version, excluding Schedule B, is provided to all members of the Board of Trustees prior to submission. Form 990, Part VI, Section B, Line 12c Vassar College issues conflict of interest questionnaires to officers, directors, trustees and other members of the faculty and administration with significant budgetary responsibilities. Once the completed forms are submitted to the Secretary of the Board and reviewed by the Vice President for Finance and Administration, the Chair of the Board, and the Chair of the Audit Committee, the College responds to any disclosures with appropriate action including requiring persons to recuse themselves from involvement with any decisions for which the relationship would represent an actual or potential conflict of interest. Form 990, Part VI, Section B, Line 15 Vassar participates in a third party data collection process with 20 peer colleges. We submit data annually to a professional compensation analyst, who summarizes the data as a range with quartiles. The information is provided to the Personnel and Compensation Committee of the Board of Trustees, who will use this information to determine raises for all Senior Officers and reports their findings through the President and the Vice President for Technology and Human Resources and Chief Information Officer. Committee records are maintained by the Secretary of the Board of Trustees for the permanent files of the Board. We believe our policy meets the requirements of the rebuttable presumption. Form 990, Part VI, Section C, Line 19 Vassar publishes its governing documents in print and online, the conflict of interest policy is published online, and annual audited financial statements are available online and in print form by request. Form 990, Part VII, Section A, Line 1a The officers noted on Part VII are the corporate officers of the College who manage the daily operations and do not include Board officers who oversee the affairs of the College. Form 990, Part XI, Line 9 Post Retirement Benefits Changes Other than Net Periodic Cost $444,792; Adjustment to Minimum Pension Liability $5,443,131; Total Other Changes in Net Assets $5,887,923. College Properties LLC 124 Raymond Avenue Box 655 Poughkeepsie NY 12604 141817534 Realty Investment NY -263523 8031356 VASSAR COLLEGE POOLED INCOME FUNDS (3) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T CHARITABLE REMAINDER UNITRUSTS (12) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T CHARITABLE REMAINDER ANNUITY TRUST (2) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 POOLED INCOME FUNDS (3) s 114333 Fair Market Value