PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE (EIN 03-0179298)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-14
- IRS object ID
- 202541349349304844
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T11:06:24-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 SOUTH STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030179298 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT AND FELLOWS OF MIDDLEBURY | BusinessNameLine1Txt |
| Business Name Line2 | COLLEGE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRES | BusinessNameControlTxt |
| Phone | 8024435699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CONTROLLERS OFFICE 102 | AddressLine1Txt |
| City | MIDDLEBURY | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05753 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID J PROVOST | PersonNm |
| Person Title | EXEC VP FINANCE & TREAS | PersonTitleTxt |
| Phone | 8024435547 | PhoneNum |
| Signature | 2025-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHANIE LONCZAK | PreparerPersonNm |
| PTIN | P01880207 | PTIN |
| Phone | 6179881000 | PhoneNum |
| Preparation | 2025-05-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURIE L PATTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | OLD CHAPEL ROAD | AddressLine1Txt |
| City | MIDDLEBURY | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05753 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $781,634,623 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MIDDLEBURY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1800 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | WE ARE A GLOBAL LIBERAL ARTS COLLEGE OFFERING UNDERGRADUATE, GRADUATE, AND SPECIALIZED PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 4904 | TotalEmployeeCnt |
| Total Volunteers | 1500 | TotalVolunteersCnt |
| Total Gross UBI | $7,033,322 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $79,476,129 | PYContributionsGrantsAmt |
| CY Contributions Grants | $142,807,926 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $281,301,087 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $294,482,409 | CYProgramServiceRevenueAmt |
| PY Investment Income | $95,069,573 | PYInvestmentIncomeAmt |
| CY Investment Income | $82,720,185 | CYInvestmentIncomeAmt |
| PY Other Revenue | $192,876 | PYOtherRevenueAmt |
| CY Other Revenue | $193,461 | CYOtherRevenueAmt |
| PY Total Revenue | $456,039,665 | PYTotalRevenueAmt |
| CY Total Revenue | $520,203,981 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $91,859,871 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $93,878,110 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $193,183,996 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $203,989,807 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,829,804 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $115,915,444 | PYOtherExpensesAmt |
| CY Other Expenses | $127,388,548 | CYOtherExpensesAmt |
| PY Total Expenses | $400,959,311 | PYTotalExpensesAmt |
| CY Total Expenses | $425,256,465 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $55,080,354 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $94,947,516 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,015,811,537 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,218,100,975 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $453,450,257 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $511,661,323 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,562,361,280 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,706,439,652 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THROUGH A COMMITMENT TO IMMERSIVE LEARNING, WE PREPARE STUDENTS TO LEAD ENGAGED, CONSEQUENTIAL, AND CREATIVE LIVES, CONTRIBUTE TO THEIR COMMUNITIES, AND ADDRESS THE WORLD'S MOST CHALLENGING PROBLEMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $114,145,427 | ExpenseAmt |
| Revenue | $276,663,651 | RevenueAmt |
| Desc | INSTRUCTION REPRESENTS THE EXPENSES FOR THE EDUCATIONAL PROGRAMS. THE PROGRAMS ARE COMPRISED OF STUDENTS WHO ARE FULL TIME ON THE MIDDLEBURY VT CAMPUS PLUS THE STUDENTS WHO ARE ATTENDING THE STUDY ABROAD AND SUMMER PROGRAMS. A BACHELORS DEGREE AND A MASTERS IN LANGUAGE AND ENGLISH ARE THE PRIMARY DEGREES GRANTED. THE MONTEREY CA CAMPUS OFFERS GRADUATE DEGREES IN PROGRAMS OF STUDY IN TRANSLATION, INTERPRETATION AND LANGUAGE EDUCATION AND INTERNATIONAL POLICY MANAGEMENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $49,993,676 | ExpenseAmt |
| Grant | $740,327 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACADEMIC SUPPORT REPRESENTS SPONSORED ACTIVITIES EXPENSES INCURRED IN SUPPORT OF THE EDUCATIONAL ACTIVITIES FOR ENROLLED STUDENTS. GRANTS INCLUDE SUPPORT TO OTHER ORGANIZATIONS, FOUNDATIONS, AND RESEARCH INSTITUTIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $143,419,649 | ExpenseAmt |
| Grant | $92,264,134 | GrantAmt |
| Desc | STUDENT SERVICES AND FINANCIAL AID REPRESENTS EXPENSES INCURRED IN THE SUPPORT OF THE ENROLLED STUDENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $50,807,555 | ExpenseAmt |
| Grant | $873,649 | GrantAmt |
| Revenue | $17,818,758 | RevenueAmt |
| Desc | INSTITUTIONAL SUPPORT AND AUXILIARY ENTERPRISES REPRESENT EXPENSES OF DORMITORIES, AND THE EXPENSES AND REVENUE FROM RECREATIONAL FACILITIES AND FOOD SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $50,807,555 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $873,649 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $17,818,758 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $358,366,307 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 990 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4904 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | AR | ForeignCountryCd |
| Foreign Country | AU | ForeignCountryCd |
| Foreign Country | BR | ForeignCountryCd |
| Foreign Country | CM | ForeignCountryCd |
| Foreign Country | CI | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
| Foreign Country | IT | ForeignCountryCd |
| Foreign Country | JA | ForeignCountryCd |
| Foreign Country | MO | ForeignCountryCd |
| Foreign Country | RS | ForeignCountryCd |
| Foreign Country | SP | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID J PROVOST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8024435699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | OLD CHAPEL | AddressLine1Txt |
| City | MIDDLEBURY | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05753 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| LAURIE L PATTON | |||||||||
| PRESIDENT | 40.00 | 1.00 | Yes (X) | Yes (X) | $659,363 | $0 | $113,098 | ||
| GEORGE C LEE II | |||||||||
| CHAIR - CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN A STOLLEY | |||||||||
| VICE CHAIR-CHARTER TRUST | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM F TRUSCOTT | |||||||||
| CHAIR-CHARTER TRUST | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BELINDA BADCOCK | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ZACHARY A BOURQUE | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH W BROWN | |||||||||
| CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEILANI M BROWN | |||||||||
| VICE CHAIR-CHARTER TRUST | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIRTLEY HORTON CAMERON | |||||||||
| CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KENSHIN CHO | |||||||||
| RECENT GRADUATE TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA G COLE | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DENVER EDWARDS | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANINE F FENG | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GRAHAM C GOLDSMITH | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PARKER HARRIS III | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LUCIENNE M IDE | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL L JONES | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE LEE | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROLINE SNEATH MCBRIDE | |||||||||
| CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KOBY ALTMAN | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALICE J MURPHY | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNIS D PARKER | |||||||||
| CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE D PETERSON | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZANNE REIDER | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD T SCANLON | |||||||||
| CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HENRY J SIMONDS | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH C SPEERS | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK SPENCE | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIELLE S VIRTUE | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY YARBROUGH | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KASHIF ZAFAR | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHAWN P RYAN | |||||||||
| ALUMNI TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN J SCHER | |||||||||
| CHAIR - CHARTER TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN E WALDRON | |||||||||
| TERM TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID PROVOST | |||||||||
| EVP FINANCE & ADMIN. | 40.00 | 0.00 | Yes (X) | $413,147 | $0 | $105,894 | |||
| HANNAH ROSS | |||||||||
| SEC. & GENERAL COUNSEL | 40.00 | 0.00 | Yes (X) | $274,269 | $0 | $107,531 | |||
| ALBERTO CITARELLA | |||||||||
| AVP FINANCE & ASST. TREAS. | 40.00 | 0.00 | Yes (X) | $216,489 | $0 | $44,796 | |||
| SUSAN PARSONS RITTER | |||||||||
| ASSOCIATE SECRETARY | 40.00 | 0.00 | Yes (X) | $187,602 | $0 | $61,109 | |||
| CHARLENE M BARRETT | |||||||||
| ASSISTANT SECRETARY | 40.00 | 0.00 | Yes (X) | $81,797 | $0 | $25,529 | |||
| SMITA RUZICKA | |||||||||
| VP STUDENT AFFAIRS | 40.00 | 0.00 | $247,569 | $0 | $68,514 | Yes (X) | |||
| MICHELLE MCCAULEY | |||||||||
| INTERIM PROVOST | 40.00 | 0.00 | $238,826 | $0 | $73,016 | Yes (X) | |||
| WILLIAM C POTTER | |||||||||
| DIRECTOR OF CNS | 40.00 | 0.00 | $327,197 | $0 | $72,393 | Yes (X) | |||
| PHILIP GEIER | |||||||||
| EXEC, DIR. DAVIS UWC | 40.00 | 0.00 | $276,754 | $0 | $94,754 | Yes (X) | |||
| DANIEL J COURCEY | |||||||||
| VP FOR ADVANCEMENT | 40.00 | 0.00 | $383,780 | $0 | $96,225 | Yes (X) | |||
| MARK PELUSO | |||||||||
| CHIEF HEALTH OFF & PHYSICIAN | 40.00 | 0.00 | $262,350 | $0 | $100,775 | Yes (X) | |||
| JEFF DAYTON-JOHNSON | |||||||||
| VP MIIS ACADEMIC AFFAIRS & DEAN | 40.00 | 0.00 | $261,511 | $0 | $95,431 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,830,654 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,059,065 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 471 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NAYLOR & BREEN BUILDERS INC | |||||
| 191 ALTA WOODS PVT | BRANDON | VT | 05733 | CONSTRUCTION | $29,379,725 |
| BURTON F CLARK INC | |||||
| 41155 STATE HIGHWAY 10 | DELHI | NY | 13753 | CONSTRUCTION | $4,761,206 |
| REINHART FOODSERVICE COMPANY | |||||
| PO BOX 8654 | ESSEX JUNCTION | VT | 05451 | FOOD SERVICE | $4,734,858 |
| ACKER EXCAVATING LLC | |||||
| 11A LIBERTY STREET | BRISTOL | VT | 05443 | CONSTRUCTION | $1,865,719 |
| SKYTRAC SERVICES | |||||
| 408 S TOOELE BLVD | TOOELE | UT | 84074 | CONSTRUCTION | $1,265,173 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 57 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $8,832,600 | GovernmentGrantsAmt |
| All Other Contributions | $133,975,326 | AllOtherContributionsAmt |
| Noncash Contributions | $62,529,212 | NoncashContributionsAmt |
| Total Contributions | $142,807,926 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $276,663,651 | $276,663,651 |
| DINING | 722514 | $2,152,102 | $2,152,102 |
| SNOW BOWL | 713910 | $1,682,569 | $1,682,569 |
| COLLEGE STORE | 459210 | $1,150,813 | $1,150,813 |
| GOLF COURSE | 713910 | $732,165 | $732,165 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,101,109 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,101,109 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $294,482,409 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $94,450,686 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $5,223,061 | UnrelatedBusinessRevenueAmt |
| Exclusion | $89,227,625 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $136,405 | TotalRevenueColumnAmt |
| Exclusion | $136,405 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $249,700,141 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $261,430,642 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$11,730,501 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$11,730,501 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,753,205 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$13,483,706 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| REPROGRAPHICS SALE | 323100 | $41,256 | $41,256 |
| BOOK STORE SALE ITEMS | 459210 | $15,800 | $15,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $57,056 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $520,203,981 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $294,482,409 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,033,322 | UnrelatedBusinessRevenueAmt |
| Exclusion | $75,880,324 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,505,298 | TotalAmt |
| Program Services | $1,505,298 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,264,134 | TotalAmt |
| Program Services | $92,264,134 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,678 | TotalAmt |
| Program Services | $108,678 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,302,722 | TotalAmt |
| Program Services | $731,463 | ProgramServicesAmt |
| Management And General | $2,839,796 | ManagementAndGeneralAmt |
| Fundraising | $731,463 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,319 | TotalAmt |
| Program Services | $115,319 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,050,102 | TotalAmt |
| Program Services | $122,560,622 | ProgramServicesAmt |
| Management And General | $19,714,869 | ManagementAndGeneralAmt |
| Fundraising | $1,774,611 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,786,004 | TotalAmt |
| Program Services | $12,290,195 | ProgramServicesAmt |
| Management And General | $2,246,228 | ManagementAndGeneralAmt |
| Fundraising | $249,581 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,388,771 | TotalAmt |
| Program Services | $26,090,491 | ProgramServicesAmt |
| Management And General | $4,768,452 | ManagementAndGeneralAmt |
| Fundraising | $529,828 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,346,889 | TotalAmt |
| Program Services | $7,769,177 | ProgramServicesAmt |
| Management And General | $1,419,941 | ManagementAndGeneralAmt |
| Fundraising | $157,771 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,252,313 | TotalAmt |
| Program Services | $4,285 | ProgramServicesAmt |
| Management And General | $1,248,028 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,378 | TotalAmt |
| Program Services | $171,521 | ProgramServicesAmt |
| Management And General | $383,857 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3 | TotalAmt |
| Program Services | $3 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,459,017 | TotalAmt |
| Management And General | $4,459,017 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,377 | TotalAmt |
| Program Services | $305,463 | ProgramServicesAmt |
| Management And General | $161,023 | ManagementAndGeneralAmt |
| Fundraising | $17,891 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,164,751 | TotalAmt |
| Program Services | $580,113 | ProgramServicesAmt |
| Management And General | $526,174 | ManagementAndGeneralAmt |
| Fundraising | $58,464 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,860,860 | TotalAmt |
| Program Services | $874,517 | ProgramServicesAmt |
| Management And General | $2,986,343 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,255,757 | TotalAmt |
| Program Services | $7,895,105 | ProgramServicesAmt |
| Management And General | $6,360,652 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,740,958 | TotalAmt |
| Program Services | $8,712,449 | ProgramServicesAmt |
| Management And General | $925,658 | ManagementAndGeneralAmt |
| Fundraising | $102,851 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $624,537 | TotalAmt |
| Program Services | $479,308 | ProgramServicesAmt |
| Management And General | $130,706 | ManagementAndGeneralAmt |
| Fundraising | $14,523 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,627,031 | TotalAmt |
| Program Services | $9,667,527 | ProgramServicesAmt |
| Management And General | $863,554 | ManagementAndGeneralAmt |
| Fundraising | $95,950 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,722,039 | TotalAmt |
| Program Services | $19,788,053 | ProgramServicesAmt |
| Management And General | $2,640,587 | ManagementAndGeneralAmt |
| Fundraising | $293,399 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,174,703 | TotalAmt |
| Program Services | $20,486 | ProgramServicesAmt |
| Management And General | $3,154,217 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACTED SERVICES | $22,548,042 | $19,556,371 | $2,692,504 | $299,167 |
| OTHER MISC EXPENSE | $20,159,039 | $15,516,307 | $4,178,459 | $464,273 |
| FOOD | $7,535,932 | $7,487,233 | $43,829 | $4,870 |
| SUPPLIES | $4,223,811 | $3,872,189 | $316,460 | $35,162 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,256,465 | TotalAmt |
| Program Services | $358,366,307 | ProgramServicesAmt |
| Management And General | $62,060,354 | ManagementAndGeneralAmt |
| Fundraising | $4,829,804 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,194,919 | BOYAmt |
| EOY | $5,228,043 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $34,410,810 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,429,323 | BOYAmt |
| EOY | $55,056,170 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,116,004 | BOYAmt |
| EOY | $8,642,225 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,278,591 | BOYAmt |
| EOY | $7,578,176 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $763,088 | BOYAmt |
| EOY | $874,485 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,249,966 | BOYAmt |
| EOY | $3,631,522 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $998,489,636 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $538,769,622 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $423,566,897 | BOYAmt |
| EOY | $459,720,014 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,023,513 | BOYAmt |
| EOY | $205,670,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,300,909,543 | BOYAmt |
| EOY | $1,402,069,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $32,778,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,279,693 | BOYAmt |
| EOY | $2,442,530 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,015,811,537 | BOYAmt |
| EOY | $2,218,100,975 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,915,043 | BOYAmt |
| EOY | $58,563,187 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,130,348 | BOYAmt |
| EOY | $19,575,070 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,633,813 | BOYAmt |
| EOY | $327,170,711 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,377,537 | BOYAmt |
| EOY | $6,292,095 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,030,000 | BOYAmt |
| EOY | $12,536,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,363,516 | BOYAmt |
| EOY | $87,524,260 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,450,257 | BOYAmt |
| EOY | $511,661,323 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,308,000 | BOYAmt |
| EOY | $199,554,000 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,368,053,280 | BOYAmt |
| EOY | $1,506,885,652 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,562,361,280 | BOYAmt |
| EOY | $1,706,439,652 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,015,811,537 | BOYAmt |
| EOY | $2,218,100,975 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $94,947,516 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $51,796,283 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,665,427 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,673,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,739,863 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $88,264,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $79,476,129 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $142,807,926 | CurrentTaxYearAmt |
| Total | $407,961,660 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,673,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,739,863 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $88,264,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $79,476,129 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $142,807,926 | CurrentTaxYearAmt |
| Total | $407,961,660 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $23,863,192 | SubstantialContributorsTotAmt |
| Public Support Total170 | $384,098,468 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $32,786,528 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $79,355,939 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $114,239,001 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,050,849 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,364,030 | CurrentTaxYearAmt |
| Total | $357,796,347 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $765,758,007 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,317,222,477 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.50160 | PublicSupportCY170Pct |
| Public Support PY170 | 0.51620 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $3 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $3 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1, LOBBYING ACTIVITIES: | FormAndLineReferenceDesc |
| Explanation | CONSORTIUM ON FINANCING HIGHER EDUCATION (COFHE) ESTIMATES THAT $3 OF MEMBER DUES WERE SPENT ON LOBBYING EXPENSES PAID FOR BY COFHE DUES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $22,530,479 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,468,867,755 | BeginningYearBalanceAmt |
| Contributions | $72,315,491 | ContributionsAmt |
| Investment Earnings Or Losses | $127,439,527 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,350,252 | GrantsOrScholarshipsAmt |
| Other Expenditures | $51,406,748 | OtherExpendituresAmt |
| Administrative Expenses | -$118,398 | AdministrativeExpensesAmt |
| End Year Balance | $1,597,984,171 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,467,208,015 | BeginningYearBalanceAmt |
| Contributions | $23,664,872 | ContributionsAmt |
| Investment Earnings Or Losses | $42,454,357 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $16,082,312 | GrantsOrScholarshipsAmt |
| Other Expenditures | $47,984,029 | OtherExpendituresAmt |
| Administrative Expenses | $393,148 | AdministrativeExpensesAmt |
| End Year Balance | $1,468,867,755 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,511,000,984 | BeginningYearBalanceAmt |
| Contributions | $22,805,932 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,830,550 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,935,985 | GrantsOrScholarshipsAmt |
| Other Expenditures | $42,304,730 | OtherExpendituresAmt |
| Administrative Expenses | $527,636 | AdministrativeExpensesAmt |
| End Year Balance | $1,467,208,015 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,133,644,078 | BeginningYearBalanceAmt |
| Contributions | $15,917,228 | ContributionsAmt |
| Investment Earnings Or Losses | $424,164,897 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,620,565 | GrantsOrScholarshipsAmt |
| Other Expenditures | $48,104,654 | OtherExpendituresAmt |
| End Year Balance | $1,511,000,984 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,157,786,019 | BeginningYearBalanceAmt |
| Contributions | $19,927,025 | ContributionsAmt |
| Investment Earnings Or Losses | $34,253,603 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,747,734 | GrantsOrScholarshipsAmt |
| Other Expenditures | $65,573,977 | OtherExpendituresAmt |
| End Year Balance | $1,133,644,936 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.14000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.31000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.55000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,761,800 | OtherCostOrOtherBasisAmt |
| Book Value | $69,761,800 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $673,668,594 | OtherCostOrOtherBasisAmt |
| Depreciation | $408,376,366 | DepreciationAmt |
| Book Value | $265,292,228 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,274,341 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,731,666 | DepreciationAmt |
| Book Value | $44,542,675 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $173,563,339 | OtherCostOrOtherBasisAmt |
| Depreciation | $127,661,590 | DepreciationAmt |
| Book Value | $45,901,749 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,221,562 | OtherCostOrOtherBasisAmt |
| Book Value | $34,221,562 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $459,720,014 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| EQUITY SECURITIES | $290,106,977 | F |
| ALTERNATIVE EQUITIES | $350,874,344 | F |
| REAL ESTATE AND MORTGAGES | $8,707,145 | F |
| PRIVATE EQUITY PARTNERSHIPS | $742,606,290 | F |
| OTHER INVESTMENTS | $9,774,244 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,402,069,000 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD FOR OTHERS | $3,835,505 |
| ANNUITIES AND UNITRUSTS PAYABLE | $30,278,034 |
| REFUNDABLE GOVERNMENT LOANS | $2,601,363 |
| LEASE OBLIGATIONS | $50,809,358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $87,524,260 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE MIDDLEBURY MUSEUM OF ART IS A DEPARTMENT OF MIDDLEBURY THAT SERVES THE EDUCATIONAL MISSION OF MIDDLEBURY AND IS PARTICULARLY LINKED TO THE DEPARTMENT OF HISTORY OF ART AND ARCHITECTURE AND THE STUDIO ART PROGRAM. THE MUSEUM STRIVES TO ACQUIRE WORKS THAT REFLECT A VARIETY OF ARTISTIC AND CULTURAL ENDEAVORS. THE PRIMARY GOAL OF THE MUSEUM'S COLLECTING ACTIVITIES IS TO DEVELOP AN ECLECTIC BODY OF REPRESENTATIVE ARTIFACTS THAT ILLUSTRATE AND INTERPRET ARTISTIC EXPRESSION IN DIVERSE FORMS FROM A BROAD RANGE OF CULTURES. THE MUSEUM'S PERMANENT COLLECTION SUPPORTS THE EDUCATIONAL GOALS AND CULTURAL ENRICHMENT OF THE ACADEMIC COMMUNITY. THE COLLECTION IS USED TO FURTHER SCHOLARLY RESEARCH AS WELL AS APPRECIATION FOR WORKS OF ART, HISTORY, AND CULTURE OF DIVERSE SOCIETIES. |
| PART IV, LINE 2B: | MIDDLEBURY HOLDS CUSTODIAL ENDOWMENT FUNDS TO SUPPORT PORTER HOSPITAL AND THE TOWN OF MIDDLEBURY. PART V, LINE 4 MIDDLEBURY'S ENDOWMENT CONSISTS OF DONOR RESTRICTED ENDOWMENT FUNDS AND BOARD-DESIGNATED FUNDS TO FUNCTION AS ENDOWMENT FOR A VARIETY OF PURPOSES. THE BIGGEST USE OF THE ENDOWMENT IS RESTRICTED FOR FINANCIAL AID/SCHOLARSHIPS/STUDENT BENEFIT WITH CLOSE TO A THIRD OF THE ENDOWMENT EARMARKED FOR THESE PURPOSES. THE NEXT BIGGEST USE OF THE ENDOWMENT IS RESTRICTED FOR SUPPORT FOR SPECIFIC PROGRAMS AT THE COLLEGE, ALSO ABOUT A THIRD OF THE ENDOWMENT. THE THIRD LARGEST USE OF THE ENDOWMENT IS RESTRICTED FOR INSTRUCTIONAL EXPENSES. MIDDLEBURY'S BOARD OF TRUSTEES APPROVES A DISTRIBUTION OF INVESTMENT RETURN BASED ON THE AVERAGE ASSET VALUE AS DETERMINED AT THE END OF THE TWELVE PRIOR CALENDAR QUARTERS. CALCULATIONS ARE PERFORMED FOR INDIVIDUAL ENDOWMENT FUNDS AT A RATE OF 5.0%. THE CORRESPONDING CALCULATED SPENDING ALLOCATIONS ARE DISTRIBUTED MONTHLY FROM THE CURRENT NET TOTAL OR ACCUMULATED NET TOTAL INVESTMENT RETURNS FOR INDIVIDUAL ENDOWMENT FUNDS AND ARE USED FOR SCHOLARSHIPS, PRIZES, PROFESSORSHIPS, SPECIAL PURPOSES, AND CAPITAL PROJECTS. MIDDLEBURY HAS DEFINED THE ENDOWMENT ASSETS TO INCLUDE THE POOLED INVESTMENTS, DELINEATION ASSETS, SEPARATELY INVESTED ENDOWMENT FUNDS, AND INTERESTS IN PERPETUAL TRUSTS. |
| PART X, LINE 2: | TAX-EXEMPT STATUS MIDDLEBURY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY A TAXING AUTHORITY. MIDDLEBURY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | SEE PART II |
| LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: | THE COLLEGE HAS SATISFIED THE PUBLICITY REQUIREMENT DESCRIBED IN SECTION 4.03 OF REVENUE PROCEDURE 75-50 AS TO STUDENTS KNOWN TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE COLLEGE. MIDDLEBURY COMMUNICATES ITS COMMITMENT TO NON-DISCRIMINATION TO ALL STUDENTS, FACULTY AND STAFF THROUGH ITS POLICIES IN ITS HANDBOOK WHICH IS ON MIDDLEBURY'S MAIN WEB SITE, AND THROUGH OUTREACH AND EDUCATION. THE POLICY IS INCLUDED IN THE MIDDLEBURY HANDBOOK, WHICH IS A RESOURCE GUIDE FOR INCOMING STUDENTS. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | STUDENTS APPLY FOR AND RECEIVE FEDERAL FINANCIAL AID AND FACULTY OR STAFF APPLY FOR AND RECEIVE GOVERNMENT GRANTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 1 | 9 | PROGRAM SERVICES | STUDIES ABROAD | $924,708 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 6 | 246 | PROGRAM SERVICES | STUDIES ABROAD | $7,229,109 |
| MIDDLE EAST AND NORTH AFRICA | 4 | 28 | PROGRAM SERVICES | STUDIES ABROAD | $996,624 |
| RUSSIA AND NEIGHBORING STATES | 1 | 9 | PROGRAM SERVICES | STUDIES ABROAD | $537,440 |
| SOUTH AMERICA | 1 | 22 | PROGRAM SERVICES | STUDIES ABROAD | $1,387,090 |
| SUB-SAHARAN AFRICA | 1 | 7 | PROGRAM SERVICES | STUDIES ABROAD | $306,982 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $165,933,965 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 14 | SubtotalOfficesCnt |
| Subtotal Employees | 321 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 14 | TotalOfficeCnt |
| Total Employee | 321 | TotalEmployeeCnt |
| Subtotal Spent | $177,315,918 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $177,315,918 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | RESEARCH GRANT | $81,880 | DISBURSEMENT MADE DIRECTLY TO ORGANIZATION | $0 | FMV |
| EUROPE (INCLUDING ICELAND & GREENLAND) | RESEARCH GRANT | $23,336 | DISBURSEMENT MADE DIRECTLY TO ORGANIZATION | $0 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | DISBURSEMENTS MADE FOR GRANT FUNDS OUTSIDE THE UNITED STATES, IN FURTHERANCE OF MIDDLEBURY'S EXEMPT PROGRAMS ARE MADE IN ACCORDANCE WITH PROCEDURES OR SUBJECT TO CONDITIONS ESTABLISHED BY MIDDLEBURY'S GOVERNING BOARD DESIGNED TO ENSURE THAT THE INDIVIDUALS RECEIVING DISBURSEMENTS FROM MIDDLEBURY ARE ADEQUATELY INVESTIGATED TO ENSURE THAT THEY ARE QUALIFYING RECIPIENTS. GRANT SUB-AWARDEES ARE REQUIRED TO SUBMIT REPORTS WHICH ARE REVIEWED BY THE MIDDLEBURY'S GRANT ACCOUNTANT. ALL BILLINGS ARE REVIEWED AND APPROVED BY THE PRINCIPAL INVESTIGATOR AND GRANT ACCOUNTANT BEFORE BEING PAID. |
| PART I, LINE 3: | EXPENDITURES ARE RECORDED ON THE ACCRUAL BASIS OF ACCOUNTING. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF SOUTHERN MAINE | ||||||||
| PO BOX 9300 | PORTLAND | ME | 04104 | 016000769 | 501(C)(3) | $27,913 | $0 | RESEARCH GRANT |
| UNIVERSITY OF NEW HAMPSHIRE | ||||||||
| 51 COLLEGE RD RM 109 | DURHAM | NH | 038243585 | 026000937 | 501(C)(3) | $41,230 | $0 | RESEARCH GRANT |
| ARIZONA STATE UNIVERSITY | ||||||||
| 660 SOUTH MILL AVENUE | TEMPE | AZ | 852813670 | 860196696 | 501(C)(3) | $79,834 | $0 | RESEARCH GRANT |
| ITHRIVE GAMES | ||||||||
| 101 W MAIN STREET | NORFOLK | VA | 23510 | 823846087 | 501(C)(3) | $102,676 | $0 | RESEARCH GRANT |
| TOWN OF MIDDLEBURY | ||||||||
| 77 MAIN STREET | MIDDLEBURY | VT | 05753 | TOWN-MIDDLEBURY | $873,649 | $0 | TOWN BRIDGE PROJECT | |
| TOWN HALL THEATER | ||||||||
| 68 SOUTH PLEASANT STREET | MIDDLEBURY | VT | 05753 | 262091573 | 501(C)(3) | $47,205 | $0 | ANNUAL PLEDGE |
| UNIVERSITY OF VERMONT | ||||||||
| 111 COLCHESTER AVE | BURLINGTON | VT | 05401 | 396006492 | 501(C)(3) | $58,053 | $0 | RESEARCH GRANT |
| TAKE THIS | ||||||||
| 9805 NE 116TH ST SUITE 7411 | KIRKLAND | WA | 98033 | 463882735 | 501(C)(3) | $79,263 | $0 | RESEARCH GRANT |
| LOGICALLY AI | ||||||||
| 2140 S DUPOND HIGHWAY | CAMDEN | DE | 19934 | 371980308 | $190,525 | $0 | RESEARCH GRANT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID - SCHOLARSHIPS- REPORTED AS NON-CASH ASSISTANCE. THE ASSISTANCE IS TUITION OFFSET | GrantTypeTxt |
| Recipient | 2754 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $92,264,134 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DISBURSEMENTS IN FURTHERANCE OF MIDDLEBURY'S EXEMPT PROGRAMS ARE MADE IN ACCORDANCE WITH PROCEDURES OR SUBJECT TO CONDITIONS ESTABLISHED BY MIDDLEBURY'S GOVERNING BOARD DESIGNED TO ENSURE THAT THE INDIVIDUALS RECEIVING DISBURSEMENTS FROM MIDDLEBURY ARE ADEQUATELY INVESTIGATED TO ENSURE THAT THEY ARE QUALIFYING RECIPIENTS. GRANT SUB-AWARDEES ARE REQUIRED TO SUBMIT UNIFORM GUIDANCE REPORTS WHICH ARE REVIEWED BY THE MIDDLEBURY'S GRANT ACCOUNTANT. ALL BILLINGS ARE REVIEWED AND APPROVED BY THE PRINCIPAL INVESTIGATOR AND GRANT ACCOUNTANT BEFORE BEING PAID. ALL FINANCIAL ASSISTANCE REPORTED IN SCHEDULE I, PART III IS IN THE FORM OF TUITION REDUCTION/OFFSETS TO ENSURE THAT FINANCIAL ASSISTANCE FUNDS ARE USED FOR THEIR INTENDED EDUCATIONAL PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (1) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURIE L PATTON | ||||||||||||||
| PRESIDENT | $595,268 | $0 | $39,099 | $0 | $24,996 | $0 | $69,300 | $0 | $43,798 | $0 | $772,461 | $0 | $0 | $0 |
| DAVID PROVOST | ||||||||||||||
| EVP FINANCE & ADMIN. | $409,931 | $0 | $0 | $0 | $3,216 | $0 | $69,300 | $0 | $36,594 | $0 | $519,041 | $0 | $0 | $0 |
| DANIEL J COURCEY | ||||||||||||||
| VP FOR ADVANCEMENT | $380,949 | $0 | $0 | $0 | $2,831 | $0 | $56,100 | $0 | $40,125 | $0 | $480,005 | $0 | $0 | $0 |
| WILLIAM C POTTER | ||||||||||||||
| DIRECTOR OF CNS | $316,784 | $0 | $0 | $0 | $10,413 | $0 | $56,100 | $0 | $16,293 | $0 | $399,590 | $0 | $0 | $0 |
| HANNAH ROSS | ||||||||||||||
| SEC. & GENERAL COUNSEL | $273,123 | $0 | $0 | $0 | $1,146 | $0 | $65,080 | $0 | $42,451 | $0 | $381,800 | $0 | $0 | $0 |
| PHILIP GEIER | ||||||||||||||
| EXEC, DIR. DAVIS UWC | $267,983 | $0 | $0 | $0 | $8,771 | $0 | $62,955 | $0 | $31,799 | $0 | $371,508 | $0 | $0 | $0 |
| MARK PELUSO | ||||||||||||||
| CHIEF HEALTH OFF & PHYSICIAN | $257,776 | $0 | $0 | $0 | $4,574 | $0 | $49,800 | $0 | $50,975 | $0 | $363,125 | $0 | $0 | $0 |
| JEFF DAYTON-JOHNSON | ||||||||||||||
| VP MIIS ACADEMIC AFFAIRS & DEAN | $256,808 | $0 | $0 | $0 | $4,703 | $0 | $48,757 | $0 | $46,674 | $0 | $356,942 | $0 | $0 | $0 |
| SMITA RUZICKA | ||||||||||||||
| VP STUDENT AFFAIRS | $230,440 | $0 | $0 | $0 | $17,129 | $0 | $43,685 | $0 | $24,829 | $0 | $316,083 | $0 | $0 | $0 |
| MICHELLE MCCAULEY | ||||||||||||||
| INTERIM PROVOST | $236,042 | $0 | $0 | $0 | $2,784 | $0 | $56,115 | $0 | $16,901 | $0 | $311,842 | $0 | $0 | $0 |
| ALBERTO CITARELLA | ||||||||||||||
| AVP FINANCE & ASST. TREAS. | $215,672 | $0 | $0 | $0 | $817 | $0 | $39,185 | $0 | $5,611 | $0 | $261,285 | $0 | $0 | $0 |
| SUSAN PARSONS RITTER | ||||||||||||||
| ASSOCIATE SECRETARY | $185,172 | $0 | $0 | $0 | $2,430 | $0 | $43,088 | $0 | $18,021 | $0 | $248,711 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A: | AS A CONDITION OF EMPLOYMENT MIDDLEBURY PROVIDES THE PRESIDENT, AN OFFICER, WITH A RESIDENCE FOR THE CONVENIENCE OF THE EMPLOYER. |
| PART I, LINE 7: | THE PRESIDENT'S COMPENSATION IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. ANY INCREASES SHALL BE WITHIN THE BOARD'S SOLE DISCRETION AND SHALL BE BASED UPON THE PRESIDENT'S PERFORMANCE, WHICH WILL BE REVIEWED YEARLY, PRIOR TO JUNE 30 BY THE CHAIR OF THE BOARD, WHO WILL MAKE A RECOMMENDATION TO THE COMPENSATION COMMITTEE FOR COMPENSATION. |
| PART I, LINE 8: | THE PRESIDENT'S EMPLOYMENT CONTRACT INCLUDES PROVISIONS GOVERNING THE FOLLOWING: TERM OF THE CONTRACT, RENEWAL/EXTENSION, DUTIES, COMPENSATION, BENEFITS/REIMBURSEMENTS, EVALUATION PROCESS OF THE PRESIDENT, TERMINATION, OFFICE AND RESIDENCE EXPENSES, AND SABBATICAL LEAVE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| VEHBFA (SERIES 2016) | ||||||||
| A | 237154467 | 924166HZ7 | 2016-08-05 | $36,781,621 | REFUNDING (SERIES 2006A) | 0 | 0 | 0 |
| VEHBFA (SERIES 2019) | ||||||||
| B | 237154467 | 924166KV2 | 2019-08-06 | $61,208,579 | REFUNDING (SERIES 2009) | 0 | 0 | 0 |
| VEHBFA (SERIES 2020) | ||||||||
| C | 237154467 | 924166LF6 | 2020-08-05 | $108,108,529 | REFUNDING (SERIES 2010) | 0 | 0 | 0 |
| VEHBFA (SERIES 2022) | ||||||||
| D | 237154467 | NONEAVAIL | 2022-08-23 | $61,290,000 | REFUNDING (SERIES 2012A) AND $20 MILLION FOR CAPITAL EXPENDITURES | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $36,781,621 | $491,120 | $36,290,501 | 2016 | Yes (1) | 0 | Yes (1) | Yes (1) | ||
| B | $61,208,579 | $559,132 | $60,649,547 | 2019 | Yes (1) | 0 | Yes (1) | Yes (1) | $3,960,000 | |
| C | $108,108,529 | $725,819 | $107,382,710 | 2020 | Yes (1) | 0 | Yes (1) | Yes (1) | $1,430,000 | |
| D | $61,290,000 | $325,000 | $40,779,124 | 2022 | Yes (1) | 0 | Yes (1) | Yes (1) | $20,185,875 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, BOND ISSUES CONT'D: | (A) ISSUER NAME: VEBFHA (SERIES 2023) (F) DESCRIPTION OF PURPOSE: SERIES 2023 ISSUED FOR CAPITAL EXPENDITURES ALL INFORMATION ON THE FORM 8038 IS CONSOLIDATED. |
| PART IV, LINE 2B | THE BOND PROCEEDS FOR EACH THE SERIES 2016, SERIES 2019, AND SERIES 2020 BOND SERIES WERE IMMEDIATELY EXPENDED TO REFUND THE PREVIOUS BOND ISSUES. CONSEQUENTLY, NO REBATE CALCULATION WAS REQUIRED. THE PROCEEDS OF SERIES 2023 BOND WERE SPENT WITHIN TWO YEARS OF THE BOND ISSUANCE DATE. THEREFORE, THIS BOND QUALIFIED FOR AN EXCEPTION TO REBATE. |
| PART IV, LINE 2C | SERIES 2022 HAD A PORTION THAT WAS ALLOCATED TO CAPITAL EXPENDITURES. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VEBFHA (SERIES 2023) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 237154467 | BondIssuerEIN |
| CUSIP | 924166LP4 | CUSIPNum |
| Bond Issued | 2023-08-01 | BondIssuedDt |
| Issue Price | $48,335,423 | IssuePriceAmt |
| Purpose | FUND RESIDENCE HALL CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $48,335,423 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $581,673 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $47,753,770 | OtherSpentProceedsAmt |
| Substantial Completion | 2025 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHALOM L GOLDMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SPOUSE OF OFFICER | RelationshipDescriptionTxt |
| Transaction | $115,319 | TransactionAmt |
| Transaction | EMPLOYEE | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 111 | ContributionCnt |
| Noncash Contributions Rpt F990 | $62,371,552 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS | Desc |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $157,660 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 32B: | MIDDLEBURY WILL SELL FROM TIME TO TIME NONCASH ITEMS, OTHER THAN SECURITIES, AT LOCAL AUCTION HOUSES. |
| SCHEDULE M, PART I, COLUMN (B): | WE ARE REPORTING THE NUMBER OF CONTRIBUTIONS BASED ON THE NUMBER OF CONTRIBUTORS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | MIDDLEBURY HAS AN EXECUTIVE COMMITTEE WHO HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS COMPRISED OF TRUSTEES WHO ARE CURRENTLY SERVING ON THE GOVERNING BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE FOR A DETAILED REVIEW. ONCE THE AUDIT COMMITTEE HAS COMPLETED THEIR REVIEW, MANAGEMENT PROVIDES THE RETURN TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD RECEIVES THE FORM 990 BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS POSTED IN THE ELECTRONIC BOARD BOOK AND TRUSTEES ARE NOTIFIED WHEN THE RETURN IS AVAILABLE. THE ORGANIZATION HAS DISTRIBUTED FORM 990 TO THE FULL BOARD OF TRUSTEES WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF SCHEDULE B'S PRIVATE AND CONFIDENTIAL NATURE, THE ORGANIZATION HAS CHOSEN NOT TO DISCLOSE THE IDENTITIES AND ADDRESS OF ITS DONORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | MIDDLEBURY HAS A WRITTEN CONFLICT OF INTEREST POLICY. EACH MEMBER OF THE BOARD OF TRUSTEES OR AN ADVISORY BOARD IS GIVEN THE WRITTEN POLICY AND IS REQUESTED TO REVIEW AND UNDERSTAND THE TERMS OF THE POLICY AND TO IMMEDIATELY DISCLOSE ANY POSSIBLE FINANCIAL, PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT. EACH TRUSTEE COMPLETES AN ANNUAL DISCLOSURE FORM. THE DISCLOSURE FORMS ARE REVIEWED ANNUALLY BY MANAGEMENT AND THE AUDIT COMMITTEE CHAIR. |
| FORM 990, PART VI, SECTION B, LINE 15 | MIDDLEBURY HAS A FORMAL COMPENSATION COMMITTEE WHO REVIEWS AND RECOMMENDS TO THE FULL BOARD THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS. THE COMPENSATION COMMITTEE ORDINARILY CONSISTS OF THE CHAIR, VICE CHAIR, AND ONE TRUSTEE APPOINTED BY THE CHAIR. THE COMMITTEE ESTABLISHES GOALS FOR THE PRESIDENT AND THE ANNUAL PERFORMANCE APPRAISAL PROCESS. THE COMMITTEE REVIEWS AND SETS TOTAL COMPENSATION FOR THE PRESIDENT OF THE MIDDLEBURY AS WELL AS REVIEWS AND COMMENTS ON COMPENSATION AND CONTRACTS FOR OTHER SENIOR OFFICERS OF THE MIDDLEBURY. THE COMMITTEE IS AUTHORIZED TO ENGAGE LEGAL COUNSEL AND COMPENSATION CONSULTANTS AS APPROPRIATE. |
| FORM 990, PART VI, SECTION C, LINE 19 | MIDDLEBURY HAS MADE ITS ANNUAL AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY POSTING THE STATEMENTS ON THE ITS WEBSITE. MIDDLEBURY WILL ALSO PROVIDE COPIES UPON REQUEST AND COPIES ARE AVAILABLE IN THE FINANCIAL OFFICES. THE CONFLICT OF INTEREST POLICY IS ALSO POSTED ON THE WEBSITE. MIDDLEBURY'S FORM 990 IS AVAILABLE THROUGH GUIDESTAR.ORG. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF DEFERRED GIFTS -2,665,427. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| DELINEATION CORPORATION | ||||||||||
| CONTROLLERS OFFICE | MIDDLEBURY | VT | 05753 | 237259519 | TO RECEIVE OR PURCHASE REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF MC | VT | 501(C)(2) | PRESIDENT AND FELLOWS OF MIDDLEBURY | Yes (1) | |
| GREEN MOUNTAIN HIGHER EDUCATION CONSORTIUM | ||||||||||
| 120 GRAHAM WAY | SHELBURNE | VT | 05482 | 901113280 | PROMOTING THE EDUCATIONAL PURPOSE AND CONSOLIDATING SERVICES | VT | 501(C)(3) | 0 | LINE 10 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER TRUST (6) | ||||||||
| MIDDLEBURY COLLEGE | MIDDLEBURY | VT | 05753 | INVESTMENT SUPPORT | VT | PRESIDENTS AND FELLOWS OF MIDDLEBURY | T | Yes (1) |
| CHARITABLE LEAD TRUST (2) | ||||||||
| MIDDLEBURY COLLEGE | MIDDLEBURY | VT | 05753 | INVESTMENT SUPPORT | VT | PRESIDENTS AND FELLOWS OF MIDDLEBURY | T | Yes (1) |
| POOLED INCOME FUND (1) | ||||||||
| MIDDLEBURY COLLEGE | MIDDLEBURY | VT | 05753 | INVESTMENT SUPPORT | VT | PRESIDENTS AND FELLOWS OF MIDDLEBURY | T | Yes (1) |
| LIFE INCOME FUND (1) | ||||||||
| MIDDLEBURY COLLEGE | MIDDLEBURY | VT | 05753 | INVESTMENT SUPPORT | VT | PRESIDENTS AND FELLOWS OF MIDDLEBURY | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| DELINEATION CORPORATION | ||
| D | $35,030,780 | FMV |
| DELINEATION CORPORATION | ||
| P | $64,178 | FMV |
| DELINEATION CORPORATION | ||
| Q | $97,214 | FMV |
| POOLED INCOME FUND | ||
| S | $53,576 | FMV |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: | NAME OF RELATED ORGANIZATION: DELINEATION CORPORATION DIRECT CONTROLLING ENTITY: PRESIDENT AND FELLOWS OF MIDDLEBURY COLLEGE |
| SCHEDULE R; PART IV; COLUMN C | LEGAL DOMICILE: CHARITABLE REMAINDER TRUSTS INCLUDE VERMONT AND MASSACHUSETTS CHARITABLE LEAD TRUSTS INCLUDE VERMONT AND DISTRICT OF COLUMBIA |