2021-05-17T13:28:49-05:00 2020-06-30 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2019-07-01 131740469 Manhattanville College % NORMA BASS CONTROLLER MANH 9143235128 2900 Purchase Street Purchase NY 10577 JEAN HALL VP OF FINANCE 9143235128 2021-05-12 true SCOTT THOMPSETT P00741490 2125990100 2019 2022-09-23 18:48:47Z Michael E Geisler President 2900 Purchase Street Purchase NY 10577 98005537 false X www.manhattanville.edu X 1841 NY TO EDUCATE STUDENTS TO BE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS IN A GLOBAL COMMUNITY. 18 17 1311 0 68523 2425134 3971984 87874808 86720394 2652110 2994073 1848252 1505665 94800304 95192116 35556275 38203893 0 0 34883848 36101281 0 0 1480859 26215989 24500412 96656112 98805586 -1855808 -3613470 90886500 85837838 22578754 22737205 68307746 63100633 X THE MISSION OF MANHATTANVILLE COLLEGE IS TO EDUCATE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS FOR THE GLOBAL COMMUNITY. MANHATTANVILLE IS COMMITTED TO FULFILLING THAT MISSION BY: ENSURING THE INTELLECTUAL, ETHICAL, AND SOCIAL DEVELOPMENT OF EACH STUDENT WITHIN A COMMUNITY OF ENGAGED SCHOLARS AND TEACHERS; ENCOURAGING EACH STUDENT TO DEVELOP AS AN INDEPENDENT AND CREATIVE THINKER IN PURSUING CAREER AND PERSONAL GOALS; AND PROVIDING A DIVERSE, INCLUSIVE AND NURTURING ENVIRONMENT WHICH DEVELOPS IN EACH STUDENT A COMMITMENT TO SERVICE AND LEADERSHIP WITHIN A GLOBAL COMMUNITY. false false 76284323 38203893 74220927 MANHATTANVILLE COLLEGE (WWW.MANHATTANVILLE.EDU) IS AN INDEPENDENT CO-EDUCATIONAL "MASTER'S COLLEGES AND UNIVERSITIES" LIBERAL ARTS INSTITUTION DEDICATED TO ACADEMIC EXCELLENCE AND SOCIAL AND CIVIC ACTION. MANHATTANVILLE PREPARES STUDENTS TO BE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS IN A GLOBAL COMMUNITY. LOCATED JUST 30 MINUTES FROM NEW YORK CITY, MANHATTANVILLE SERVES approximately 1,500 UNDERGRADUATE STUDENTS AND approximately 900 GRADUATE STUDENTS FROM MORE THAN 39 COUNTRIES AND 41 STATES. FOUNDED IN 1841, THE COLLEGE OFFERS MORE THAN 50 UNDERGRADUATE AREAS OF STUDY THROUGH THE SCHOOL OF ARTS AND SCIENCES; MASTER'S DEGREES, ACCELERATED BACHELOR'S DEGREES AND PROFESSIONAL CERTIFICATES THROUGH THE SCHOOL OF PROFESSIONAL STUDIES; AND 62 GRADUATE PROGRAMS and 1 DOCTORAL PROGRAM with three pathways in educational leadership THROUGH THE NATIONALLY ACCREDITED (CAEP: COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION) SCHOOL OF EDUCATION. 8635443 0 12499467 student and auxiliary services - MANHATTANVILLE COLLEGE IS COMMITTED TO OFFERING A RICH AND VARIED ARRAY OF SERVICES and support FOR STUDENTS. Its STUDENTS ALSO generally PARTICIPATE IN OVER 40 SOCIAL CLUBS and organizations, RUN A RADIO STATION AND generally ENGAGE IN OVER 32,000 HOURS OF COMMUNITY service. STUDENT SERVICES COMPRISES ALL FACETS OF THE STUDENT COLLEGE EXPERIENCE INCLUDING RESIDENCE LIFE, ATHLETICS, CO-CURRICULAR ACTIVITIES AS WELL AS SOCIAL, PSYCHOLOGICAL AND LEADERSHIP DEVELOPMENT PROGRAM SERVICES AND ACTIVITIES.RESIDENCE LIFE AT MANHATTANVILLE COLLEGE IS AN INTEGRAL PART OF THE EDUCATIONAL PROGRAM AND ACADEMIC SUPPORT SERVICES OF THE INSTITUTION. RESIDENCE LIFE IS MORE THAN JUST HOUSING AT THE COLLEGE. IT STRIVES TO CREATE A DYNAMIC LIVING ENVIRONMENT IN WHICH ALL STUDENTS ARE COMFORTABLE. THE RICH ARRAY OF SUPPORT SERVICES FOR STUDENTS INCLUDES THE WRITING CENTER, ACADEMIC RESOURCE CENTER FOR TUTORING AND SUPPLEMENTAL INSTRUCTION, THE CENTER FOR ACADEMIC SUCCESS, PEER MENTORING PROGRAM, THE E-TERN TECHNOLOGY SUPPORT PROGRAM THROUGH THE CENTER FOR TEACHING AND LEARNING, COUNSELING, HEALTH AND CAREER DEVELOPMENT CENTERS, accommodation SERVICES, AND INTERNATIONAL STUDENT SERVICES. 84919766 true true false true false false false true true true true false false false true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 103 0 true 1311 true true true false false false false true true false false false false false false X 18 17 false false false false false false false true true false false true true true true true true true true false X NORMA BASS CONTROLLER 9143235128 2900 PURCHASE STREET PURCHASE NY 10577 MICHAEL E GEISLER President 35.0 0.0 X X 356379 0 113567 Erik Paulson VP-Fin/Treas (Thru 01/2020) 35.0 0.0 X 194422 0 38809 Tracy Muirhead VP Institutional Advancement 35.0 0.0 X 181113 0 29651 Peter Burns VP Enrollment Mgmt 35.0 0.0 X 195596 0 14644 James Russell VP Information Technology 35.0 0.0 X 165148 0 37291 Christine Dehne Dean - School of Arts/Sciences 35.0 0.0 X 156965 0 35479 Cindy Porter VP Student Affairs 35.0 0.0 X 165185 0 20868 SHELLEY b WEPNER DEAN-SCHOOL OF EDUCATION 35.0 0.0 X 164259 0 13255 Norma Bass Controller 35.0 0.0 X 154490 0 20202 Debra Simons Dean - School of Nursing 35.0 0.0 X 160867 0 10384 Donald Dean Director Human Resources 35.0 0.0 X 153014 0 12710 DEBORAH FALLONE SECRETARY 35.0 0.0 X 77007 0 13326 Jean Hall VP Finance/Treasurer/Operation 35.0 0.0 X 70637 0 13381 Nancy King Trustee 1.0 0.0 X 0 0 0 Amy Y Zhang trustee 1.0 0.0 X 0 0 0 Frank Furbacher Trustee 1.0 0.0 X 0 0 0 Paul A Cummins Trustee 1.0 0.0 X 0 0 0 Dwight R HIlson chair 1.0 0.0 X 0 0 0 William H Humphreys Vice chair 1.0 0.0 X 0 0 0 Helaine Smith Trustee 1.0 0.0 X 0 0 0 Mary Foley Cooper vice chair 1.0 0.0 X 0 0 0 Michael Watson Trustee 1.0 0.0 X 0 0 0 Marion C Jordan Trustee 1.0 0.0 X 0 0 0 Ann Jablonski Trustee 1.0 0.0 X 0 0 0 MICHAEL c DUNN Vice Chair 1.0 0.0 X 0 0 0 SHEILA Falvey FINNERTY TRUSTEE 1.0 0.0 X 0 0 0 LINDA Pistecchia KIRKPATRICK TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER N LEWIS trustee 1.0 0.0 X 0 0 0 Brian M Donaghy Trustee (as of 10/2019) 1.0 0.0 X 0 0 0 John Tolomer Trustee (as of 07/2019) 1.0 0.0 X 0 0 0 2195082 0 373567 48 false true false Chartwells Dining Services PO Box 91377 CHICAGO IL 606931337 Food contractor 4219968 ELLUCIAN COMPANY LP 62590 COLLECTIONS CENTER DR CHICAGO IL 60693 IT Services 2330921 SMG cORPORATE sERVICES PO BOX 53 BRATTLEBORO VT 05302 CLEANING SERVICES 1278067 FLPW LLC 436 Willet ave PORT CHESTER NY 10573 construction 930411 ssc iNC 25 Controls Drive SHELTON CT 064846111 security services 826568 15 25780 2464359 1481845 29874 3971984 TUITION AND FEES 900099 74220927 74220927 ROOM & BOARD (AUXILIARY ENT) 900099 12499467 12430944 68523 86720394 1045380 1045380 0 50041 50041 651033 651033 0 651033 651033 4723618 2774925 1948693 1948693 1948693 18480 25780 38496 -20016 -20016 0 0 0 0 0 0 CAPITAL IMPROV.- DINING FACILITY 900099 293333 293333 EDUCATIONAL/STUDENT PROGRAMS 900099 275388 275388 BOOKSTORE AND OTHER COMMISSIONS 611710 160321 160321 95565 95565 824607 95192116 87316157 68523 3835452 0 0 38203893 38203893 0 0 1399276 418307 821576 159393 0 26914989 23763713 2266901 884375 1579554 1348631 217299 13624 3744028 3156782 552599 34647 2463434 2076812 363811 22811 0 71890 71890 177206 177206 0 0 41316 41316 2637221 1243871 1278765 114585 426171 392732 31402 2037 387454 130191 252332 4931 3141679 239073 2794605 108001 0 3527212 3236217 273826 17169 846646 683007 145329 18310 0 116742 104381 7787 4574 369707 284842 79858 5007 0 4705775 4086357 582872 36546 1209902 1209902 STUDENT BOARD 3206571 3206571 PROGRAM SUPPLIES AND EXPENSES 1265645 1177476 80195 7974 CATERING/BUSINESS MEALS 332479 293587 32851 6041 STUDENT ACT/ACADEMIC CLUBS 137057 137057 1899739 736266 1122639 40834 98805586 84919766 12404961 1480859 1296859 3948875 163389 34959 360993 442059 2260058 1453955 0 0 0 0 1043996 846781 0 0 658433 672471 139907888 91966427 51376422 47941461 32034134 29033853 0 0 0 0 0 0 1692216 1463424 90886500 85837838 4237193 3684502 0 0 9006807 7810816 5813524 3990094 141126 153179 0 0 0 0 900000 5000000 2480104 2098614 22578754 22737205 X 43578334 41635464 24729412 21465169 68307746 63100633 90886500 85837838 -3613470 -1593643 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 535 535 false Form 990, Schedule C, Line 1(i) THE COLLEGE DOES NOT UNDERTAKE ANY DIRECT LOBBYING ACTIVITIES; HOWEVER, THE COLLEGE IS A DUES-PAYING MEMBER IN VARIOUS COLLEGE AND HIGHER EDUCATION PROFESSIONAL ASSOCIATIONS, SOME OF WHICH CONDUCT LOBBYING ACTIVITIES. THE COLLEGE HAS RECEIVED DOCUMENTATION FROM ONE OF THESE ASSOCIATIONS THAT $535 (OF ITS DUES) REPRESENTS AMOUNTS ATTRIBUTABLE TO LOBBYING. THE COLLEGE HAS NOT RECEIVED DOCUMENTATION FROM THE OTHER ASSOCIATIONS. THE COLLEGE ANTICIPATES THE LOBBYING AMOUNTS PAID TO THESE ASSOCIATIONS TO BE INSIGNIFICANT (WHEN COMPARED TO ITS OVERALL EXPENDITURES). X false false true 29253151 420977 1327051 616590 1799318 28585271 30838690 492159 1894280 698609 1356257 31170263 29593444 249742 2428806 584723 848579 30838690 27734737 143749 3390768 483797 1192013 29593444 31811944 435831 -22574 325077 4165387 27734737 0.39200 0.47900 0.12900 false false 1891617 1891617 108609558 69707577 38901981 29350471 22258850 7091621 56242 56242 47941461 0 CAPITAL LEASE OBLIGATIONS 381811 US GOVERNMENT GRANTS REFUNDABL 1199002 CONDITIONAL ASSET RETIREMENT OBLIGATION 517801 2098614 X 56252673 -1593643 38496 -1555147 57807820 41316 37342980 37384296 95192116 61459786 38496 38496 61421290 41316 37342980 37384296 98805586 collections of art, historical treasures and similar assets Form 990, Sch D, Part III THE COLLEGE MAINTAINS A COLLECTION OF ARTWORK, PHOTOGRAPHS, BOOKS AND OTHER HISTORICAL ARTIFACTS ON ITS CAMPUS FOR THE ENJOYMENT OF ITS STUDENTS, STAFF AND VISITORS. THIS COLLECTION IS NOT VALUED FOR AUDITED FINANCIAL STATEMENT PURPOSES AND IS NOT RECORDED WITHIN ITS FINANCIAL ACTIVITIES. custodial account liability Form 990, Sch D, Part IV, Line 2(b) THE COLLEGE HAS FIVE ANNUITANTS IN ITS CHARITABLE GIFT ANNUITY PROGRAM AND REPORTS A $153,179 LIABILITY ON PART X, LINE 21. Endowments Form 990, Sch D, Part V, Line 4 THE COLLEGE'S ENDOWMENT IS INTENDED TO SUPPORT THE EDUCATIONAL CURRICULAR AND CULTURAL ACTIVITIES OF THE COLLEGE'S STUDENTS, FACULTY AND STAFF. THE ENDOWMENT'S PRINCIPAL IS INTENDED TO BE LEFT UNTOUCHED FOR FUTURE GROWTH AND INVESTMENT; THE ENDOWMENT'S EARNINGS ARE USED TO FUND STUDENT SCHOLARSHIPS, ACADEMIC CHAIRS, THE CAMPUS MINISTRY AND FACILITIES IMPROVEMENTS. During the year ended June 30, 2020, the College adjusted its net assets without donor restrictions to correct the impact of an immaterial prior period error in net asset classification relating to a change in donor restriction. This reclassification in Net assets resulted in a change in the prior year endowment end of the year balance. Per the previously reported 990, the balance was $31,170,263 (as currently reflected in Part V, column B, line 1(g)), the true balance was $29,253,151 (as currently reflected in Part V, column A, Line 1(a)). FIN 48 Form 990, Sch D, Part X Line 2 THE COLLEGE ONLY RECOGNIZES THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN- NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION Is BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE COLLEGE HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS TO WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE COLLEGE HAS DETERMINED THAT AS OF JUNE 30, 2020 AND 2019, THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. reconciliation of revenue Form 990, Sch D, Part XI, Line 2(d) DIRECT EXPENSES INCURRED FOR FUNDRAISING EVENTS WERE NETTED AGAINST THAT INCOME ON LINE 8B OF PART VIII: $38,496 FORM 990, SCH D, PART XI, LINE 4 (B) SCHOLARSHIPS AND GRANTS RECLASSED TO PART IX, LINE 2: $37,342,980 reconciliation of expenses FORM 990, SCH D, PART XII, LINE 2(D) DIRECT EXPENSES INCURRED FOR FUNDRAISING EVENTS WERE NETTED AGAINST THAT INCOME ON LINE 8B OF PART VIII: $38,496 FORM 990, SCH D, PART XII, LINE 4 (B) SCHOLARSHIPS AND GRANTS RECLASSED TO PART IX, LINE 2: $37,342,980 true true true true true true true false false false false false false false false true false true disclosure of nondiscriminatory policy Schedule E, Part I, Line 3 THE COLLEGE REGULARLY INCLUDES A NON-DISCRIMINATION DISCLOSURE IN ITS STUDENT AND PROSPECTIVE STUDENT PUBLICATIONS AND IN AN AMENDMENT TO THE BY-LAWS OF THE BOARD OF TRUSTEES. Financial aid from governmental agencies Schedule E, Part I, Line 6a MANHATTANVILLE COLLEGE IS COMMITTED TO MAKING IT POSSIBLE FOR STUDENTS OF LIMITED FINANCIAL RESOURCES TO ATTEND THE COLLEGE. MILLIONS OF DOLLARS IN AID ARE AWARDED ANNUALLY AND STUDENTS PARTICIPATE IN FEDERALLY-FUNDED AND STATE-SUPPORTED GRANTS AND LOAN PROGRAMS. FOR THE YEAR ENDING JUNE 30, 2020, THE COLLEGE PROCESSED THE FOLLOWING FEDERAL AND STATE FINANCIAL AID FOR ITS STUDENTS: - DIRECT LOANS - PELL GRANTS - SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG) - NEW YORK STATE HIGHER EDUCATION SERVICE CORP. (NYS TAP) - FEDERAL COLLEGE WORK-STUDY PROGRAM golf outing 29895 17895 12000 101 20146 hall of fame 14365 7885 6480 10358 7891 0 44260 25780 18480 10459 28037 38496 -20016 true Scholarships - Undergraduate 1671 28677229 Scholarships - graduate 724 3358873 Grants - undergraduate 1154 5196878 SEOG 114 110000 HEERF Funds (Cares Act) 1177 860913 Schedule I, part I THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE BASED ON NEED AND/OR MERIT. THE COLLEGE MONITORS STUDENTS FILES TO ENSURE THAT THE STUDENT RECEIVES NECESSARY FINANCIAL ASSISTANCE BASED ON GRADES, COURSE OF STUDY AND FINANCIAL NEED. ALL FUNDS GRANTED ARE REQUIRED TO BE USED TO DEFRAY THE COSTS OF ATTENDANCE; FUNDS MAY NOT BE SPENT ON DISCRETIONARY ITEMS. The Coronavirus Aid, Relief, and Economic Security ("CARES") Act Higher Education Emergency Relief Fund allocated funding of approximately $1.7 million to the College. During the year ended June 30, 2020, $860,913 was disbursed to qualifying students and recorded as revenue and expense within "Government, grants, contracts, and appropriations"Student services" of the accompanying statement of activities, respectively. Furthermore, during the year ended June 30, 2020, $860,912 was used to reimburse the College for refunds made to students for a portion of room, board, and fees as a result of the change to a virtual learning environment during the spring 2020 semester and was recorded as revenue within "government, grants, contracts, and appropriations" of the accompanying statement of activities. X X true true false false false false false false false false false Erik Paulson VP-Fin/Treas (Thru 01/2020) 194422 0 0 0 0 0 15388 0 23421 0 233231 0 0 0 Norma Bass Controller 154490 0 0 0 0 0 11767 0 8435 0 174692 0 0 0 SHELLEY b WEPNER DEAN-SCHOOL OF EDUCATION 164259 0 0 0 0 0 12380 0 875 0 177514 0 0 0 MICHAEL E GEISLER President 356379 0 0 0 0 0 40000 0 73567 0 469946 0 0 0 Peter Burns VP Enrollment Mgmt 195596 0 0 0 0 0 14153 0 491 0 210240 0 0 0 Tracy Muirhead VP Institutional Advancement 181113 0 0 0 0 0 14152 0 15499 0 210764 0 0 0 Donald Dean Director Human Resources 153014 0 0 0 0 0 11835 0 875 0 165724 0 0 0 Cindy Porter VP Student Affairs 165185 0 0 0 0 0 12240 0 8628 0 186053 0 0 0 Christine Dehne Dean - School of Arts/Sciences 156965 0 0 0 0 0 12233 0 23246 0 192444 0 0 0 Debra Simons Dean - School of Nursing 160867 0 0 0 0 0 10125 0 259 0 171251 0 0 0 James Russell VP Information Technology 165148 0 0 0 0 0 12031 0 25260 0 202439 0 0 0 Form 990, Schedule J, Part I, Line 1 THE PRESIDENT OF THE COLLEGE IS PROVIDED A HOME ON THE CAMPUS AS A CONDITION OF HIS/HER EMPLOYMENT. THE VALUE OF THE ON-CAMPUS RESIDENCE PROVIDED TO THE PRESIDENT HAS BEEN ASSIGNED A FAIR MARKET VALUE OF $50,000 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN D. IN ADDITION, THE COLLEGE PROVIDES HOUSECLEANING SERVICES FOR THE PRESIDENT'S PERSONAL LIVING QUARTERS AT THE EMPLOYER-PROVIDED RESIDENCE. X 7 29874 FMV false true true Schedule M, Part I, Line 9 WHEN THE COLLEGE RECEIVES CONTRIBUTIONS OF SECURITIES, IT INSTRUCTS ITS INVESTMENT MANAGERS TO SELL THEM ON THE SAME DAY THEY ARE RECEIVED AND DEPOSIT THE PROCEEDS INTO THE COLLEGE'S INVESTMENT ACCOUNTS. general statement regarding the covid-19 pandemic The COVID-19 pandemic, the effects of which first became known in February 2020, is having a broad and negative impact on commerce and financial markets around the world. The extent of the impact of COVID-19 on the Colleges operational and financial performance will depend on certain developments, including the duration and spread of the outbreak and its long-term impact on the Colleges students, donors, employees and vendors, all of which at present, cannot be determined. Accordingly, the extent to which COVID-19 may impact the Colleges financial position and changes in net assets and cash flows is uncertain, and the accompanying financial statements include no adjustments relating to the effects of this pandemic. In fiscal year 2020, the College closed the campus to in-person classes in mid-March due to the COVID-19 pandemic and in accordance with directives from the State of New York. A partial refund and/or credit was issued to full-time undergraduate students for a portion of room, board and fees. Graduating seniors received a credit toward any unpaid balance on their student account with the remainder paid as a refund. The Coronavirus Aid, Relief, and Economic Security ("CARES") Act Higher Education Emergency Relief Fund allocated funding of approximately $1.7 million to the College. During the year ended June 30, 2020, $860,913 was disbursed to qualifying students and recorded as revenue and expense within "Government, grants, contracts, and appropriations"Student services" of the accompanying statement of activities, respectively. Furthermore, during the year ended June 30, 2020, $860,912 was used to reimburse the College for refunds made to students for a portion of room, board, and fees as a result of the change to a virtual learning environment during the spring 2020 semester and was recorded as revenue within "government, grants, contracts, and appropriations" of the accompanying statement of activities. Process Used to review Form 990 Form 990, part VI, Section B, Line 11 THE AUDIT AND COMPLIANCE COMMITTEE OF THE MANHATTANVILLE COLLEGE BOARD OF TRUSTEES HAS A RESPONSIBILITY, AS DEFINED BY ITS INTERIM OPERATING GUIDELINES, TO REVIEW THE COLLEGE'S ANNUAL FORM 990 BEFORE THE COLLEGE SUBMITS IT TO THE INTERNAL REVENUE SERVICE. THE AUDIT AND COMPLIANCE COMMITTEE OF THE MANHATTANVILLE COLLEGE BOARD OF TRUSTEES IS COMPRISED OF TRUSTEES. THE TRUSTEES OF THE COMMITTEE EACH HAVE BROAD FINANCIAL KNOWLEDGE OF THE INSTITUTION'S OPERATIONS. THE AUDIT AND COMPLIANCE COMMITTEE REVIEWED AND APPROVED THE 2019 FORMS 990 AND 990T VIA EMAIL BEFORE THE FILING ON MAY 17, 2021. ALL MEMBERS OF THE BOARD OF TRUSTEES WERE PROVIDED AN OPPORTUNITY TO REVIEW THE FORM 990 AND 990T VIA EMAIL BEFORE THE FILING ON MAY 17, 2021. Enforcement and monitoring of conflict of interest policy Form 990, Part VI, Section B, Line 12c OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION ACKNOWLEDGEMENT AND DISCLOSURE STATEMENTS ANNUALLY. THESE STATEMENTS REQUIRE THE INDIVIDUAL TO DECLARE AND SIGN A STATEMENT OF POTENTIAL CONFLICTS OF INTEREST AND RELATED PARTY TRANSACTIONS PURSUANT TO COLLEGE POLICY. THE POLICY IS PUBLISHED ON THE COLLEGE'S WEBSITE AND IS PROVIDED TO EACH TRUSTEE UPON JOINING THE BOARD. THE SIGNED STATEMENTS ARE REVIEWED BY THE PRESIDENT, PROVOST, APPROPRIATE VICE PRESIDENT, CHAIR OF THE BOARD OF TRUSTEES AUDIT AND COMPLIANCE COMMITTEE AND/OR DIRECTOR OF HUMAN RESOURCES FOR OFFICERS/KEY EMPLOYEES AND BY THE CHAIR OF THE BOARD OF TRUSTEES AND CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE FOR TRUSTEES. IF ANY CONFLICTS ARE NOTICED, THE PRESIDENT, PROVOST, APPROPRIATE VICE PRESIDENT AND/OR CHAIR OF THE BOARD OF TRUSTEES OR CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE HAS RESPONSIBILITY FOR RESOLVING THE CONFLICT WITH THE TRUSTEE, OFFICER OR KEY EMPLOYEE. Process for Determining compensation Form 990, Part VI, Section B, Line 15 COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE MANHATTANVILLE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE WHICH ACTS AS THE COMPENSATION COMMITTEE. NO INDIVIDUALS WITH A CONFLICT OF INTEREST MAY BE INVOLVED IN THE COMPENSATION DETERMINATION PROCESS. COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IS PREPARED BY THE ORGANIZATION AND REVIEWED BY THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE. DOCUMENTATION OF APPROVAL IS RETAINED IN THE HUMAN RESOURCES DEPARTMENT. THE COLLEGE COMMISSIONED A COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY CONSULTANT PRIOR TO THE HIRING OF THE CURRENT PRESIDENT. THIS STUDY WAS COMMISSIONED TO ENSURE THAT THE PRESIDENT'S COMPENSATION IS COMPARABLE TO THAT PAID BY THE COLLEGE'S PEER INSTITUTIONS. Disclosure Form 990, Part VI, Section C, Line 19 THE COLLEGE RETAINS A COPY OF ITS FORM 990 AT ITS PLACE OF BUSINESS. THE FORM 990 IS ALSO PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION.