2022-05-13T12:29:30-05:00 2021-06-30 135565207 KPMG LLP 60 SOUTH STREET BOSTON MA 02111 990 2020-07-01 050258810 BRYANT UNIVERSITY BRYA 4012326005 1150 DOUGLAS PIKE SMITHFIELD RI 029171284 ROSS GITTELL PRESIDENT 4012326008 2022-05-12 1 ROSS GITTELL 999009999 SMITA BALIGA P01643271 6179881000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROSS GITTELL 1150 DOUGLAS PIKE SMITHFIELD RI 029171284 255320814 0 X WWW.BRYANT.EDU X 1863 RI BRYANT UNIVERSITY'S MISSION IS TO EDUCATE AND INSPIRE STUDENTS TO DISCOVER THEIR PASSION AND BECOME INNOVATIVE LEADERS WITH CHARACTER AROUND THE WORLD. 37 37 1939 100 -2740 0 8888129 11295196 199770578 207757727 7452759 15637492 2536391 1287297 218647857 235977712 66897522 69033290 0 0 87755255 90821248 60925 32344 3145573 61413920 65545136 216127622 225432018 2520235 10545694 506736315 549191439 160913866 150652408 345822449 398539031 X BRYANT UNIVERSITY'S MISSION IS TO EDUCATE AND INSPIRE STUDENTS TO DISCOVER THEIR PASSION AND BECOME INNOVATIVE LEADERS WITH CHARACTER AROUND THE WORLD. 0 0 181288462 69033290 168673977 *UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS - INCLUDING ACADEMIC SUPPORT, STUDENT SERVICES AND PUBLIC SERVICE*SEE SCHEDULE O 19529637 40062949 *AUXILIARY SERVICES - DINING AND HOUSING*SEE SCHEDULE O 200818099 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 1 0 1 0 0 0 1 1 1 1 0 0 1 4990 0 1 1939 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 AK CA CO MD MA MI NH NJ NY OH OK OR PA SC VA WA X MR ROSS GITTELL 4012326008 1150 DOUGLAS PIKE SMITHFIELD RI 029171284 DAVID M BEIRNE CHAIR OF THE BOARD 5.00 0.00 X 0 0 0 JOSEPH F PUISHYS VICE-CHAIR OF THE BOARD 5.00 0.00 X 0 0 0 M ANNE SZOSTAK VICE-CHAIR OF THE BOARD 5.00 0.00 X 0 0 0 DAVID C WEINSTEIN VICE-CHAIR OF THE BOARD 5.00 2.00 X 0 0 0 CHERYL MERCHANT SECRETARY TO THE BOARD 5.00 0.00 X 0 0 0 TIM BARTON TRUSTEE 5.00 0.00 X 0 0 0 GEORGE E BELLO TRUSTEE 5.00 0.00 X 0 0 0 JAMES P BERGERON TRUSTEE 5.00 0.00 X 0 0 0 ROBERT P BROWN TRUSTEE 5.00 0.00 X 0 0 0 ROBERT J CALABRO TRUSTEE 5.00 0.00 X 0 0 0 LISA G CHURCHVILLE TRUSTEE 5.00 0.00 X 0 0 0 WILLIAM J CONATY TRUSTEE 5.00 0.00 X 0 0 0 NANCY DEVINEY TRUSTEE 5.00 0.00 X 0 0 0 SCOTT C DONNELLY TRUSTEE 5.00 0.00 X 0 0 0 C CORRELL DURLING TRUSTEE 5.00 0.00 X 0 0 0 JEFFREY W GARDNER TRUSTEE 5.00 0.00 X 0 0 0 ANN-MARIE HARRINGTON TRUSTEE (AS OF 10/02/20) 5.00 0.00 X 0 0 0 SHRUTI KANSARA TRUSTEE 5.00 0.00 X 0 0 0 CHRISTINE KATZIFF TRUSTEE 5.00 0.00 X 0 0 0 DIANE KAZARIAN TRUSTEE 5.00 0.00 X 0 0 0 KURT LAST TRUSTEE (THRU 07/31/20) 5.00 0.00 X 0 0 0 BEVERLY LEDBETTER TRUSTEE (AS OF 10/02/20) 5.00 0.00 X 0 0 0 ROBERT MEAD TRUSTEE 5.00 0.00 X 0 0 0 KRISTIAN P MOOR TRUSTEE 5.00 0.00 X 0 0 0 PATRICIA O'BRIEN TRUSTEE 5.00 0.00 X 0 0 0 LOUIS PAGE TRUSTEE 5.00 0.00 X 0 0 0 JOSEPH PAPARELLI TRUSTEE 5.00 0.00 X 0 0 0 ANGELIQUE M PERRONE TRUSTEE (AS OF 07/01/20) 5.00 0.00 X 0 0 0 GORDON P RIBLET TRUSTEE 5.00 0.00 X 0 0 0 DANIEL J RICE IV TRUSTEE 5.00 0.00 X 0 0 0 STEVEN M RICHARD TRUSTEE (AS OF 10/02/20) 5.00 0.00 X 0 0 0 JAMES V ROSATI TRUSTEE 5.00 0.00 X 0 0 0 BRIAN SALIT TRUSTEE 5.00 0.00 X 0 0 0 EDWIN J SANTOS TRUSTEE 5.00 0.00 X 0 0 0 DANIEL F SCHMITT TRUSTEE 5.00 0.00 X 0 0 0 MARGARET M VAN BREE TRUSTEE 5.00 0.00 X 0 0 0 RITA WILLIAMS-BOGAR TRUSTEE 5.00 0.00 X 0 0 0 D ELLEN WILSON TRUSTEE 5.00 0.00 X 0 0 0 BARRY F MORRISON VP-BUSINESS AFFAIRS/TREASURER 50.00 0.00 X 420104 0 80898 GLENN M SULMASY PROVOST 45.00 5.00 X 304445 0 145982 CHARLES F LOCURTO VP-INFORMATION SERVICES/CIO 50.00 0.00 X 328035 0 83019 DAVID C WEGRZYN VP - UNIVERSITY ADVANCEMENT 50.00 0.00 X 293024 0 92921 ROSS GITTELL PRESIDENT 50.00 0.00 X 296827 0 75489 INGE-LISE AMEER VP-STUDENT AFFAIRS/DEAN OF STUDENTS 50.00 0.00 X 225317 0 78451 MICHELLE L CLOUTIER VP OF ENROLLMENT MANAGEMENT 50.00 0.00 X 247825 0 47650 ROGER L ANDERSON EXECUTIVE ASSISTANT TO PRESIDENT 50.00 0.00 X 371590 0 47772 RONALD K MACHTLEY PRESIDENT 42.00 10.00 X 679901 0 97388 MADAN G ANNAVARJULA DEAN, COLLEGE OF BUSINESS 50.00 0.00 X 330874 0 54737 TIMOTHY T PAIGE VP HUMAN RESOURCES 45.00 5.00 X 261473 0 55916 BRADFORD D MARTIN DEAN, COLLEGE OF ARTS AND SCIENCES 50.00 0.00 X 200342 0 45606 WILLIAM SMITH DIRECTOR OF ATHLETICS 50.00 0.00 X 276706 0 141841 MICHAEL J PRESSLER HEAD MEN'S LACROSSE COACH 50.00 0.00 X 282653 0 58304 PETER J NIGRO PROFESSOR, SARKISIAN CHAIR 50.00 0.00 X 253002 0 72533 DANIEL J BORGIA DEAN, BRYANT ZHUHAI 0.00 50.00 X 257237 0 48396 HONG YANG VP INTERNATIONAL AFFAIRS 45.00 5.00 X 250754 0 50010 WENDY SAMTER ASSOC. DEAN, COLLEGE OF ARTS&SCIENCES 50.00 0.00 X 195071 0 29342 VK UNNI FORMER FACULTY PROFESSOR, FKE 50.00 0.00 X 117445 0 36355 5592625 0 1342610 168 1 1 0 BOND BROS INC 10 CABOT ROAD STE 301 MEDFORD MA 021555713 CONSTRUCTION 12074891 SODEXO 620 MICHIGAN AVENUE NE WASHINGTON DC 20064 FOOD SERVICE 8409907 NEW ENGLAND CONSTRUCTION CO INC 293 BOURNE AVENUE RUMFORD RI 02916 CONSTRUCTION 4750542 CLINICAL RESEARCH SEQUENCING PLATFORM 320 CHARLESSTREET CAMBRIDGE MA 02141 MEDICAL SUPPLY DISTRIBUTOR 3942500 SCOREBOARD ENTERPRISES INC 274 FRUIT STREET MANSFIELD MA 02048 CONSTRUCTION 1058215 48 152634 5135726 6006836 349765 11295196 TUITION AND FEES 900099 166371737 166371737 AUXILIARY ENTERPRISES 721310 40062949 39950602 112347 STUDENT SERVICES REVENUES 900099 1240060 1240060 PUBLIC SERVICE PROGRAMS 900099 82981 82981 207757727 364496 -33427 397923 8408 8408 332433 332433 34324649 172561 19054152 178470 15270497 -5909 15264588 30687 15233901 70585 152634 107564 -36979 -36979 14400 2916 11484 11484 ATHLETIC REVENUE 900099 70197 70197 LAPTOP PROGRAM 900099 60332 60332 CHINA PROGRAM 900099 16623 16623 833207 832047 1160 980359 235977712 208624579 -2740 16060677 375 375 65405169 65405169 3627746 3627746 4052414 1213452 2657700 181262 43721 43721 64837859 55878588 7213189 1746082 4339726 3898317 337650 103759 12877927 11282667 1183603 411657 4669601 4024357 519492 125752 170193 165800 4393 261990 261990 32344 32344 7230733 6353510 877223 2764127 1234395 1414586 115146 1345788 1269040 5893 70855 4112429 2487894 1526646 97889 4343609 2061911 2281698 740703 726893 3560 10250 331583 286855 24593 20135 3904312 3684343 219969 16830100 15881892 948208 1581732 567468 1013319 945 DINING SERVICES 12104851 11907341 125443 72067 FACILITY REPAIRS 2110751 2065029 45722 ACTIVITIES EXPENSE 1202389 1111561 52071 38757 COVID EXPENSES 520318 520318 5989528 5285257 589991 114280 225432018 200818099 21468346 3145573 55933 7117386 60240013 54054037 4477802 5114452 3118649 3187175 3987306 2981944 3344411 5074463 471441983 245828809 228988358 225613174 118048360 134527301 78166832 108855588 2051951 2665140 4256700 779 506736315 549191439 23807987 27489147 15275503 9479852 103485520 99110378 18344856 14573031 160913866 150652408 X 296728465 338200246 49093984 60338785 345822449 398539031 506736315 549191439 X 10545694 39442056 2728832 X 0 1 X 1 1 1 X 10052275 11767062 8172897 8886514 11295196 50173944 10052275 11767062 8172897 8886514 11295196 50173944 1913699 48260245 3628785 4232143 1880406 1933302 738764 12413400 62587344 1022157789 0.77110 0.71060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 731514 X 0 182429868 1918220 53907344 2680933 6326503 229247996 184035866 2950479 4042923 2585566 6013834 182429868 183755806 3860385 4757576 2482703 5855198 184035866 174207413 2884395 16947391 2397449 5808051 2077893 183755806 158599584 5525510 20365606 2312534 5843266 2127487 174207413 0.79000 0.21000 0 0 3289054 3289054 389204873 190012601 199192272 53052361 44780078 8272283 25895695 11036130 14859565 225613174 HEDGE FUNDS 70469034 F PRIVATE PLACEMENT PROGRAMS 38386554 F 108855588 SWAP DERIVATIVES 9599052 ASSET RETIRMENT OBLIGATION 233947 REFUNDABLE ADVANCES-US GOVERNMENT 4740032 14573031 X 212040521 39442056 -63489727 -24047671 236088192 -110480 -110480 235977712 159328629 2982664 2982664 156345965 69086053 69086053 225432018 PART III, LINE 4: THE UNIVERSITY'S ART COLLECTIONS CONSIST OF MANY DIFFERENT TYPES OF ART INCLUDING PAINTINGS, PHOTOGRAPHS, BOOK COLLECTIONS, SPORTS MEMORABILIA, SCULPTURES, FIGURINES, ANTIQUES AND ARTIFACTS. THE COLLECTIONS ENHANCE AND FURTHER THE PURPOSE OF THE UNIVERSITY IN VARIOUS WAYS, WHICH INCLUDE THE ABILITY OF THE STUDENT TO LEARN TO UNDERSTAND HUMAN EXPERIENCES, BOTH PAST AND PRESENT, LEARN TO ADAPT TO AND RESPECT OTHERS' DIVERSE WAYS OF THINKING, WORKING, AND EXPRESSING THEMSELVES, AND ANALYZING NONVERBAL COMMUNICATION AND MAKING INFORMED JUDGMENTS ABOUT CULTURAL PRODUCTS AND ISSUES. PART V, LINE 4: THE PURPOSE OF THE UNIVERSITY'S ENDOWMENT FUND IS TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE. THROUGH QUARTERLY DRAWDOWNS, THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND GRANTS AS WELL AS MAINTAINING UNIVERSITY FACILITIES AND PROGRAM SERVICES. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. BRU LLC IS A WHOLLY OWNED SINGLE-MEMBER LLC, A DISREGARDED ENTITY FOR TAX PURPOSES.BRYANT CHINA (H.K.) LIMITED IS A FOREIGN CORPORATION FOR TAX PURPOSES. ANY TAX LIABILITY OF BRU LLC OR BRYANT CHINA (H.K.) LIMITED IS REPORTED BY THE UNIVERSITY. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -69,032,915. ACCRUAL OF LIABILITY FOR ASSET REMEDIATION -182,314. NONOPERATING EXPENSES REPORTED UNDER EXPENSES -53,138. CHANGE IN SPLIT INTEREST AGREEMENT -1,676. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 2,912,822. BRYANT CHINA (H.K.) REVENUES 2,867,494. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -107,564. RAFFLE EXPENSES -2,916. PART XII, LINE 2D - OTHER ADJUSTMENTS: BRYANT CHINA (H.K.) EXPENSES 2,872,184. FUNDRAISING EXPENSES 107,564. RAFFLE EXPENSES 2,916. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 69,032,915. NONOPERATING EXPENSES REPORTED UNDER EXPENSES 53,138. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BRYANT UNIVERSITY DOES NOT CURRENTLY PUBLICIZE ITS NONDISCRIMINATORY POLICY THROUGH NEWSPAPER AND BROADCAST MEDIA. HOWEVER, WITHIN THE "CAMPUS AND COMMUNITY" SECTION OF BRYANT UNIVERSITY'S WEBPAGE THERE IS AN ENTIRE PAGE TITLED "CULTURE OF RESPECT AND INCLUSION" THAT IS DEVOTED TO BRYANT'S COMMITMENT OF "PROVIDING AN INCLUSIVE AND WELCOMING EDUCATIONAL AND WORKING ENVIRONMENT FOR ALL MEMBERS OF ITS CAMPUS COMMUNITY." THIS PAGE IS ACCESSIBLE TO ALL WHO VISIT BRYANT'S WEBSITE INCLUDING PROSPECTIVE STUDENTS AND THEIR PARENTS. IN ADDITION, AT THE BOTTOM OF THE UNIVERSITY'S HOMEPAGE THE NONDISCRIMINATION POLICY IS CLEARLY DESCRIBED. SCHEDULE E, PART I, LINE 6 BRYANT UNIVERSITY HAS RECEIVED STUDENT FINANCIAL ASSISTANCE FUNDS THROUGH THE FOLLOWING U.S. DEPARTMENT OF EDUCATION PROGRAMS: 1. FEDERAL PELL GRANT, 2. FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, 3. FEDERAL WORK-STUDY, 4. FEDERAL PERKINS LOAN, 5. FEDERAL DIRECT LOAN. IN ADDITION, BRYANT RECEIVED FUNDS FROM THE VETERANS ADMINISTRATION AND VARIOUS STATE GOVERNMENT AGENCIES INCLUDING: THE RHODE ISLAND HIGHER EDUCATION ASSISTANCE AUTHORITY, THE MASSACHUSETTS OFFICE OF STUDENT FINANCIAL ASSISTANCE, AND OTHERS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 412596 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 804327 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 909619 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 70539 NORTH AMERICA 0 0 GRANTMAKING 471504 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 20000 SOUTH AMERICA 0 0 GRANTMAKING 241497 SOUTH ASIA 0 0 GRANTMAKING 517262 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 180402 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 680 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT RECRUITING 2368 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES STUDENT RECRUITING 1339 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDENT RECRUITING 570 SOUTH ASIA 0 0 PROGRAM SERVICES STUDENT RECRUITING 3768 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES EXPORT ASSISTANCE 28203 SOUTH ASIA 0 0 PROGRAM SERVICES EXPORT ASSISTANCE 7950 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES INTERNATIONAL LEARNING (EMPLOYEES) 1957 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 33135299 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENT 3333438 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 SEMINARS & CONFERENCES 252 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES DEAN; ASST. DIRECTOR OF EXCHANGE/ACADEMIC PROGRAMS 0 0 0 2 0 2 3447344 36696226 40143570 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 23 412596 STUDENT ACCOUNT SCHOLARSHIPS EAST ASIA AND THE PACIFIC 52 804327 STUDENT ACCOUNT SCHOLARSHIPS EUROPE (INCLUDING ICELAND AND GREENLAND) 23 909619 STUDENT ACCOUNT SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 4 70539 STUDENT ACCOUNT SCHOLARSHIPS NORTH AMERICA 11 471504 STUDENT ACCOUNT SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 1 20000 STUDENT ACCOUNT SCHOLARSHIPS SOUTH AMERICA 10 241497 STUDENT ACCOUNT SCHOLARSHIPS SOUTH ASIA 38 517262 STUDENT ACCOUNT SCHOLARSHIPS SUB-SAHARAN AFRICA 5 180402 STUDENT ACCOUNT 1 0 1 1 1 1 PART I, LINE 2: MONITOR THE USE OF GRANTS FUNDS OUTSIDE THE US THE UNIVERSITY ONLY DISTRIBUTES GRANTS DIRECTLY INTO STUDENT ACCOUNTS TO OFFSET THE STUDENT'S OUTSTANDING BALANCE FOR THE SEMESTER TO ENSURE THESE FUNDS HAVE BEEN UTILIZED FOR THEIR INTENDED PURPOSE. PART I, LINE 3: ACCOUNTING METHOD THE UNIVERSITY USED THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES IN EACH REGION. INVESTMENTS ARE MEASURED AT FAIR MARKET VALUE. PART III ACCOUNTING METHOD: PART I, LINE 3(3) (PAGE 3) EMPLOYEES IN THE REGION THE DEAN AND ASST. DIRECTOR OF EXCHANGE/ACADEMIC PROGRAMS ARE LOCATED IN EAST ASIA AND ARE EMPLOYEES OF BRYANT UNIVERSITY. THE SALARY IS AN EXPENSE OF BRYANT CHINA (H.K.). X X X X X X X 1 WORKING PHILANTHROPYCOM 3425 BANNERMAN RD SUITE 105-175 TALLAHASSEE FL 32312 PROPSECT RESEARCH 0 0 15619 0 MARIA LAWRENCE 651A COOPER HILL ROAD MAPLEVILLE RI 02839 FUNDRAISING CONSULTING SERVICES 0 0 1725 0 MCCLURE PARK LLC 1281 WIN HENTSCHEL BLVD WEST LAFAYETTE IN 47906 GIVING DAY CONSULTING 0 0 15000 0 32344 AL AK AZ AR CA CO CT 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 GOLF TOURNAMENT 223219 152634 70585 1525 38130 18510 560 48840 223219 152634 70585 1525 38130 18510 560 48840 107565 -36980 1 ACADEMIC/NEED-BASED SCHOLARSHIPS 3450 51070494 ANNUAL GIFTS 193 933635 ATHLETIC AWARDS 384 8223456 DIVERSITY AWARDS 58 1465000 ENDOWED SCHOLARSHIPS 265 1587261 SPECIAL PROGRAMS 395 1451247 STATE & INSTITUTION 71 273971 SEOG PROGRAM 334 392958 FWS COMMUNITY SERVICE 6 7147 PART I, LINE 2 PROCEDURES TO MONITOR THE USE OF GRANT FUNDS IN THE U.S. ALL FEDERAL TITLE IV FUNDS RECEIVED BY BRYANT UNIVERSITY ARE MANAGED IN STRICT COMPLIANCE WITH ALL REQUIREMENTS SET FORTH IN THE PROGRAM PARTICIPATION AGREEMENT, A FORMAL AGREEMENT BETWEEN BRYANT UNIVERSITY AND THE U.S. DEPARTMENT OF EDUCATION. THE PROGRAM PARTICIPATION AGREEMENT IS PERSONALLY ENDORSED BY BOTH THE CHIEF EXECUTIVE OFFICER OF BRYANT UNIVERSITY AND THE SECRETARY OF THE U.S. DEPARTMENT OF EDUCATION. COMPLIANCE WITH ALL TITLE IV REQUIREMENTS IS MONITORED BY THE DIRECTOR OF FINANCIAL AID WITH THE ASSISTANCE OF FOUR (EXEMPT) PROFESSIONAL FINANCIAL AID ADMINISTRATORS AND THREE (NON-EXEMPT) SUPPORT STAFF MEMBERS. COMPLIANCE CAPABILITY IS GREATLY ENHANCED THROUGH THE USE OF THE BANNER INTEGRATED MANAGEMENT INFORMATION SYSTEM AND ITS EFFECTIVE INTERFACE WITH OTHER DEPARTMENT OF EDUCATION SYSTEMS. THE UNIVERSITY PROVIDES ASSISTANCE FOR COMMUNITY SUPPORT TO VARIOUS ORGANIZATIONS THROUGH THEIR FUNDRAISING EVENTS. IN THE CURRENT YEAR, NO ORGANIZATION RECEIVED OVER $5,000 FROM THE UNIVERSITY IN THIS CAPACITY. X X X X X 1 1 X X X 0 1 0 0 0 0 0 1 0 RONALD K MACHTLEY PRESIDENT 485786 0 140000 0 54115 0 32400 0 64988 0 777289 0 0 0 BARRY F MORRISON VP-BUSINESS AFFAIRS/TREASURER 402454 0 4164 0 13486 0 52400 0 28498 0 501002 0 0 0 GLENN M SULMASY PROVOST 296360 0 843 0 7242 0 30001 0 115981 0 450427 0 0 0 ROGER L ANDERSON EXECUTIVE ASSISTANT TO PRESIDENT 209641 0 0 0 161949 0 22028 0 25744 0 419362 0 112000 0 WILLIAM SMITH DIRECTOR OF ATHLETICS 222693 0 5709 0 48304 0 22819 0 119022 0 418547 0 0 0 CHARLES F LOCURTO VP-INFORMATION SERVICES/CIO 316880 0 1333 0 9822 0 57127 0 25892 0 411054 0 0 0 DAVID C WEGRZYN VP - UNIVERSITY ADVANCEMENT 264509 0 4078 0 24437 0 27952 0 64969 0 385945 0 0 0 MADAN G ANNAVARJULA DEAN, COLLEGE OF BUSINESS 263718 0 0 0 67156 0 28537 0 26200 0 385611 0 40000 0 ROSS GITTELL PRESIDENT 258973 0 0 0 37854 0 20700 0 54789 0 372316 0 0 0 MICHAEL J PRESSLER HEAD MEN'S LACROSSE COACH 218304 0 0 0 64349 0 21122 0 37182 0 340957 0 0 0 PETER J NIGRO PROFESSOR, SARKISIAN CHAIR 251091 0 0 0 1911 0 20223 0 52310 0 325535 0 0 0 TIMOTHY T PAIGE VP HUMAN RESOURCES 251976 0 5933 0 3564 0 25687 0 30229 0 317389 0 0 0 DANIEL J BORGIA DEAN, BRYANT ZHUHAI 203316 0 0 0 53921 0 20479 0 27917 0 305633 0 0 0 INGE-LISE AMEER VP-STUDENT AFFAIRS/DEAN OF STUDENTS 214230 0 9075 0 2012 0 21300 0 57151 0 303768 0 0 0 HONG YANG VP INTERNATIONAL AFFAIRS 229673 0 9395 0 11686 0 23978 0 26032 0 300764 0 0 0 MICHELLE L CLOUTIER VP OF ENROLLMENT MANAGEMENT 205361 0 34963 0 7501 0 20534 0 27116 0 295475 0 0 0 BRADFORD D MARTIN DEAN, COLLEGE OF ARTS AND SCIENCES 199406 0 0 0 936 0 19961 0 25645 0 245948 0 0 0 WENDY SAMTER ASSOC. DEAN, COLLEGE OF ARTS&SCIENCE 192546 0 0 0 2525 0 17457 0 11885 0 224413 0 0 0 VK UNNI FORMER FACULTY PROFESSOR, FKE 117445 0 0 0 0 0 10693 0 25662 0 153800 0 0 0 PART I, LINE 1A BENEFITS RONALD MACHTLEY, PRESIDENT OF THE UNIVERSITY AND MEMBER OF THE BOARD OF TRUSTEES, TRAVELLED ON ONE TRIP WITH HIS SPOUSE, KATI MACHTLEY, ON UNIVERSITY RELATED BUSINESS. THESE EXPENSES ARE NOT CONSIDERED COMPENSATION FOR PRESIDENT MACHTLEY SINCE THE TRIP WAS BUSINESS RELATED AND MRS. MACHTLEY IS ALSO AN EMPLOYEE OF THE UNIVERSITY. ACCORDING TO THE UNIVERSITY'S POLICY, TRAVEL FOR THE PRESIDENT'S COMPANION SHALL ONLY BE REIMBURSED WHEN INCURRED WHILE CONDUCTING BUSINESS FOR THE UNIVERSITY. IN 2020, TWO OFFICERS, THE PRESIDENT (R. MACHTLEY) AND VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT (D. WEGRZYN), WERE PROVIDED WITH UNIVERSITY PROVIDED SOCIAL CLUB MEMBERSHIPS TO CONDUCT UNIVERSITY BUSINESS. IN 2020, THREE OTHER OFFICERS/HIGHLY COMPENSATED EMPLOYEES WERE PROVIDED A CLUB ALLOWANCE WHICH WAS PAID THROUGH PAYROLL AND SUBJECT TO APPLICABLE WITHHOLDINGS. THE ORIGINAL INTENT WAS TO PROVIDE A PAYMENT OF $14,000 PER YEAR PAID IN TWO INSTALLMENTS. THE FIRST INSTALLMENT WAS PAID IN MARCH 2020. DUE TO THE FINANCIAL CHALLENGES CREATED BY THE PANDEMIC THE CLUB ALLOWANCE BENEFIT WAS ELIMINATED IN THE SUMMER OF 2020 AS PART OF A RESTRUCTURING OF THE EXECUTIVE COMPENSATION PROGRAM. THE ONLY OFFICER/HIGHLY COMPENSATED EMPLOYEE WHO HAS CONTINUED TO RECEIVE ANY SUPPORT FOR SOCIAL CLUB MEMBERSHIP SUPPORT FROM THE UNIVERSITY IS DAVE WEGRZYN, AS THIS IS A CONDITION OF EMPLOYMENT IN HIS EMPLOYMENT AGREEMENT WITH THE UNIVERSITY. AS A CONDITION OF THEIR EMPLOYMENT, THE UNIVERSITY PROVIDED ON-CAMPUS HOUSING FOR PRESIDENT MACHTLEY; GLENN SULMASY, PROVOST; INGE-LISE AMEER, VICE PRESIDENT FOR STUDENT AFFAIRS; AND WILLIAM SMITH, DIRECTOR OF ATHLETICS. THE UNIVERSITY PROVIDES CUSTODIAL SERVICES TO MAINTAIN THE HOUSING. THESE AMOUNTS ARE INCLUDED AS NON-TAXABLE BENEFITS IN PART II. HOUSING IN CHINA FOR DANIEL BORGIA, DEAN OF BRYANT ZHUHAI, IS PROVIDED BY THE UNIVERSITY'S PARTNER IN CHINA, BITZH. THE AMOUNT OF THE HOUSING IS TREATED AS TAXABLE INCOME ON PART II. WILLIAM SMITH, DIRECTOR OF ATHLETICS, RECEIVED A FIXED AMOUNT OF ADDITIONAL COMPENSATION PLUS TAXES MONTHLY. THIS IS TREATED AS TAXABLE COMPENSATION AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 4B NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN THE FOLLOWING INDIVIDUALS PARTICIPATE IN A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN FOR WHICH CONTRIBUTIONS WERE MADE IN 2020 RELATED TO EARNINGS FOR CALENDAR YEAR 2020: BARRY MORRISON (VP OF BUSINESS AFFAIRS), CHARLES LOCURTO (VP OF INFORMATION SERVICES/CIO), ROGER ANDERSON (EXECUTIVE ASSISTANT TO THE PRESIDENT), AND MADAN ANNAVARJULA (DEAN OF THE COLLEGE OF BUSINESS). IN 2020 DISTRIBUTIONS WERE MADE TO MADAN ANNAVARJULA FOR A PLAN FOR CALENDAR YEAR 2019 AND 2020 WHICH VESTED ON 01-01-2020, AND TO ROGER ANDERSON FOR A PLAN FOR CALENDAR YEARS 2017, 2018, 2019, AND 2020 WHICH VESTED ON 01-01-2020. PART I, LINE 7 AT-RISK COMPENSATION AT-RISK COMPENSATION (ARS) AWARD IS BASED ON THE ACHIEVEMENT OF AN OBJECTIVE AND QUANTITATIVE SET OF MEASURABLE GOALS WHICH ARE MUTUALLY ESTABLISHED BETWEEN THE PRESIDENT AND ELIGIBLE PARTICIPANTS AT THE BEGINNING OF EACH FISCAL YEAR. THE PRESIDENT MAKES HIS ASSESSMENT OF EACH PARTICIPANT'S ACHIEVEMENT OF SPECIFIC GOALS, AND PRESENTS HIS "AT RISK AWARD" RECOMMENDATION TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR FINAL REVIEW AND APPROVAL. OTHER COMPENSATION DETAILS PART II, COLUMN B (III) INCLUDES PAYMENTS FOR GROUP TERM LIFE PREMIUMS AND PERSONAL USE OF AUTO. PART II, COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO SECTION 403(B) PLANS AND OTHER DEFERRED COMPENSATION PLANS. PART II, COLUMN D INCLUDES NON-TAXABLE BENEFITS INCLUDING UNDERGRADUATE TUITION REMISSION, EMPLOYER HEALTH BENEFITS, LIFE INSURANCE AND DISABILITY BENEFIT PREMIUM PAYMENTS, AS WELL AS THE VALUE OF ON-CAMPUS HOUSING PROVIDED TO CERTAIN EMPLOYEES UNDER REQUIREMENTS OF THEIR EMPLOYMENT CONTRACTS. A RI HEALTH & EDU BLDNG CORP SERIES 2008 521300173 762197CE9 2008-04-24 50420000 REFUNDING 12/8/05 & 6/21/07 BONDS 0 0 0 B RI HEALTH & EDU BLDNG CORP SERIES 2014 521300173 762197RA1 2014-06-04 49462785 CONS/EQUIP VAR FACILITIES 0 0 0 C RI HEALTH & EDU BLDNG CORP SERIES 2019 521300173 000000000 2019-12-06 17300000 CONS/EQUIP VAR FACILITIES 0 0 0 A 8045000 50420000 395680 24320 50000000 2008 1 0 1 1 B 5995000 49686153 432419 49253734 2016 0 0 1 1 C 1943566 17337565 125430 17212135 2021 0 0 1 1 A 0 1 0 0 0.00500 0.00000 0.00500 0 0 1 B 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 WELLS FARGO/BARCLAYS 26.500000000000 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 PART II, COLUMN B, LINE 3 THE DIFFERENCE OF $223,368 BETWEEN PART I LINE B COLUMN (E) AND PART II LINE 3 COLUMN (B) IS THE INVESTMENT EARNINGS. PART II, COLUMN C, LINE 3 THE DIFFERENCE OF $37,565 BETWEEN PART I LINE C COLUMN (E) AND PART II LINE 3 COLUMN (C) IS THE INVESTMENT EARNINGS. PART IV, COLUMN A, LINE 2C ARBITAGE CALCULATION PREPARED ON 4/24/2018. PART IV, COLUMN B, LINE 2C ARBITAGE CALCULATION PREPARED ON 6/4/2019. PART IV, COLUMN C, LINE 2C SPENDING EXCEPTION MET IN ACCORDANCE WITH 26 U.S. CODE 148 (F) (4) (C). NA N/A 51711 TUITION TUITION REMISSION NA N/A 17237 TUITION TUITION REMISSION MAX SLOMIAK INGE-LISE AMEER SON 12521 SALARY 0 MARLA SULMASY G. SULMASY SPOS 31200 SALARY 0 X 11 322011 AVERAGE OF HIGH/LOW X GOLF TOURNAMENT 18 14436 FMV X MISCELLANEOUS 4 13318 FMV 0 1 0 PART I, COLUMN B THE AMOUNT REPORTED IN THIS COLUMN DENOTES THE NUMBER OF CONTRIBUTIONS RECORDED DURING THE FISCAL YEAR. PART III, 4A UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS - INCLUDING ACADEMIC SUPPORT, STUDENT SERVICES AND PUBLIC SERVICE BRYANT UNIVERSITY OFFERS UNDERGRADUATE AND GRADUATE DEGREES, GRADUATE CERTIFICATES, AND EXECUTIVE EDUCATION PROGRAMS. THE FTE FOR THE UNDERGRADUATE PROGRAM IN SMITHFIELD, RI WAS 3,050 AND THE GRADUATE PROGRAM WAS 289. WITHIN THE UNDERGRADUATE PROGRAM THERE ARE TWO SCHOOLS, THE COLLEGE OF ARTS AND SCIENCES AND THE COLLEGE OF BUSINESS. THE COLLEGE OF ARTS AND SCIENCES OFFERS A WIDE RANGE OF STUDY IN THE HUMANITIES, SOCIAL SCIENCES, MATHEMATICS, AND THE NATURAL SCIENCES. THE COLLEGE OF BUSINESS'S IMPRESSIVE ARRAY OF BUSINESS SPECIALTIES OFFERS STUDENTS THE DEPTH AND BREADTH OF A LARGE, PREMIER BUSINESS SCHOOL COMBINED WITH THE INDIVIDUAL ATTENTION THAT IS A BRYANT HALLMARK. THE GRADUATE SCHOOL OF BUSINESS IS PART OF THE COLLEGE OF BUSINESS AT BRYANT, WHICH IS ONE OF ONLY 5% OF ALL BUSINESS PROGRAMS IN THE WORLD ACCREDITED BY AACSB INTERNATIONAL THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS. THE GRADUATE SCHOOL OF HEALTH SCIENCES OFFERS A PHYSICIAN ASSISTANT STUDIES PROGRAM OFFERING EXCEPTIONAL MEDICAL EDUCATION AND HANDS-ON TRAINING. IN ADDITION, BRYANT ALSO OFFERS EDUCATIONAL OPPORTUNITIES THROUGH THE EXECUTIVE DEVELOPMENT CENTER. THE EXECUTIVE DEVELOPMENT CENTER OFFERS PROFESSIONAL CERTIFICATE PROGRAMS THAT PROVIDE HIGH-LEVEL MANAGEMENT SKILLS IN CRITICAL BUSINESS AREAS FOR EXECUTIVES, HIGH-POTENTIAL, CAREER ASPIRING INDIVIDUALS, AND GROWTH-FOCUSED CORPORATIONS. PART III, 4B AUXILIARY SERVICES - DINING AND HOUSING APPROXIMATELY 77% OF OUR SMITHFIELD STUDENTS RESIDE ON CAMPUS IN OUR RESIDENCE HALLS AND TOWNHOUSES. LIVING OPTIONS AT BRYANT UNIVERSITY ARE DESIGNED TO FOSTER A GRADUAL INCREASE OF INDEPENDENT LIFESTYLE AND INDIVIDUAL RESPONSIBILITY. FIRST-YEAR STUDENTS HAVE THE OPPORTUNITY TO ESTABLISH RELATIONSHIPS WITH LARGE NUMBERS OF CLASSMATES IN A MORE TRADITIONAL SETTING. SOPHOMORES AND JUNIORS EXPERIMENT WITH SMALL-GROUP LIVING WHILE EATING IN COMMON AREAS WITH ALL RESIDENT STUDENTS. MOST SENIORS LIVE INDEPENDENTLY IN TOWNHOUSE UNITS WITH FULL RESPONSIBILITY FOR THEIR COOKING, CLEANING, ETC. ALL LIVING AREAS INCLUDE TELEPHONE, CABLE, AND COMPUTER ACCESS. ALL STUDENTS WHO LIVE ON CAMPUS, EXCEPT FOR THOSE IN THE TOWNHOUSES, ARE REQUIRED TO PARTICIPATE IN A MEAL PLAN. BRYANT OFFERS A NUMBER OF PLANS TO PROVIDE STUDENTS FLEXIBLE OPTIONS FOR ON-CAMPUS DINING AT THE SEVERAL LOCATIONS AVAILABLE ON CAMPUS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES ALSO SERVE AS DIRECTORS OF BRYANT CHINA (HK) LIMITED: RONALD MACHTLEY AND DAVID WEINSTEIN UNTIL 11/24/20 THEN ROSS GITTELL AND KRISTIAN MOOR. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE UNIVERSITY'S FORM 990 WITH THE IRS, IT IS REVIEWED BY THE UNIVERSITY'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE IS THE GOVERNING BODY OF THE UNIVERSITY THAT HAS OVERSIGHT OF ALL FINANCIAL AND COMPLIANCE ISSUES OF THE UNIVERSITY AND REPORTS THE PROCEEDINGS OF ALL OF ITS MEETINGS TO THE FULL BOARD OF TRUSTEES. A COMPLETE COPY OF THE FORM 990 IS POSTED TO THE BOARD OF TRUSTEES PORTAL FOR REVIEW BY THE BOARD MEMEBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERISTY CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY FIRST ENSURING THE CONFLICT OF INTEREST FORMS ARE CONTINUALLY UPDATED BY THE TRUSTEES AND EMPLOYEES. THE FORMS ARE REVIEWED ANNUALLY TO IDENTIFY ANY DISCLOSURES OF CONFLICTS OF INTEREST, AND AS A RESULT, NO BOARD MEMBER CAN VOTE ON ANY ITEM THEY HAVE A CONFLICT OF INTERST WITH. THE VICE PRESDIENT OF BUSINESS AFFAIRS REVIEWS THE CONFLICT OF INTEREST FORMS, AND ANY POTENTIAL CONFLICT WOULD BE DISCUSSED WITH THE AUDIT COMMITTEE CHAIR. IN ADDITION, ANY BUSINESS CONDUCTED BY THE UNIVERSITY WITH ANY ORGANIZATION RELATED TO A BRYANT UNIVERSITY TRUSTEE OR EMPLOYEE MUST BE A HANDS-OFF TRANSACTION WITH NO INVOLVEMENT OF THE TRUSTEE OR EMPLOYEE. THIS MONITORING AND ENFORCING IS DONE PRIMARILY THROUGH THE PRESIDENT'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, THROUGH ITS EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), UTILIZES AN EXECUTIVE COMPENSATION PHILOSOPHY, AMENDED AND RATIFIED BY THE BOARD OF TRUSTEES IN OCTOBER 2007, TO ESTABLISH COMPENSATION FOR ALL UNIVERSITY OFFICERS AND KEY EXECUTIVES. THE UNIVERSITY PREPARES AN ANNUAL REPORT, THE "EXECUTIVE COMPENSATION REPORT, DISCUSSION REPORT FOR THE EXECUTIVE COMPENSATION COMMITTEE". THE REPORT SUMMARIZES ANNUAL PERFORMANCE AGAINST INSTITUTIONAL BENCHMARKS, ANNUAL STRATEGIC GOALS AND DIVISIONAL OPERATIONS OBJECTIVES, AND PROVIDES MARKET COMPARABILITY DATA FOR THE DESIGNATED POSITIONS. THE PRESIDENT ALSO PROVIDES A COVER MEMO TO THE COMMITTEE THAT ANALYZES AND RECOMMENDS TARGET ACHIEVEMENTS SET BY THE PERFORMANCE BONUS PLAN, BASE SALARY AND MAXIMUM PERFORMANCE BONUS FOR EACH EXECUTIVE. BASED ON THIS INFORMATION, THE COMMITTEE MAKES A DETERMINATION RELATIVE TO COMPENSATION FOR THE PRESIDENT AND REVIEWS AND AUTHORIZES THE PRESIDENT'S COMPENSATION RECOMMENDATION FOR THE EXECUTIVE TEAM. IN ADDITION, IN 2015 THE UNIVERSITY ENGAGED AN OUTSIDE CONSULTING COMPANY TO PERFORM A HIGH LEVEL AUDIT AND PROVIDE RECOMMENDATIONS ON CHANGES TO SPECIFIC ELEMENTS IN THE EXECUTIVE COMPENSATION PROGRAM. THE CONSULTING COMPANY BELIEVES THE ELEMENTS WERE WELL DOCUMENTED AND COMPREHENSIVE. THE UNIVERSITY COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS, (2) THE COMMITTEE AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE COMMITTEE ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ON FILE IN THE PRESIDENT'S OFFICE AND THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE CONTROLLER'S OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 2,912,822. CHANGE IN OTHER LIABILITIES -182,314. CHANGE IN SPLIT INTEREST AGREEMENT -1,676. BRU LLC 1150 DOUGLAS PIKE SMITHFIELD RI 02917 231386793 REAL ESTATE RI 607727 BRYANT UNIVERSITY CHARITABLE REMAINDER UNITRUST (1) CHARITABLE REMAINDER UNITRUST TRUST RI BRYANT UNIVERSITY T 1 BRYANT CHINA (HK) LIMITED 11/F ONE PACIFIC PL 88 QUEENSWAY HONG KONG HK PROVISION OF PROGRAM SERVICES FOR BRYANT ZHUHAI HK BRYANT UNIVERSITY C 2867494 586312 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 BRYANT CHINA (HK) LIMITED P 2867494 FMV BRYANT CHINA (HK) LIMITED Q 2208386 FMV