GUSTAVUS ADOLPHUS COLLEGE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: GUSTAVUS ADOLPHUS COLLEGE (EIN 41-0695524)
Tax period: 2019-06-01 to 2020-05-31
Filed: 2021-03-30
IRS object ID: 202130979349301333
Schema version: 2019v5.0
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 G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-03-30T17:30:18-07:00	ReturnTs
Tax Period End	2020-05-31	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	410695524	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GUSTAVUS ADOLPHUS COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GUST	BusinessNameControlTxt
Phone	5079338000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Curtis J Kowaleski	PersonNm
Person Title	CFO VP of Finance and Treasurer	PersonTitleTxt
Phone	5079337499	PhoneNum
Signature	2021-03-30	SignatureDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Curtis J Kowaleski	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$252,134,719	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.gustavus.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1862	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	Gustavus Adolphus College prepares its students for fulfilling lives of leadership and service and is committed to the core values of excellence, community, justice, service, and faith. It is especially known for strong science, writing, music, athletics, and study abroad programs. The College hosts a chapter of Phi Beta Kappa and is internationally recognized for its annual Nobel Conference sanctioned by The Nobel Foundation in Stockholm, Sweden. The students, faculty, administration, staff and Board of Directors believe in a strong, open community where all citizens play a vital role. Gustavus has consistently produced graduates who lead lives of uncommon purpose and passion, and demonstrate that they make their lives count.	ActivityOrMissionDesc
Voting Members Governing Body	33	VotingMembersGoverningBodyCnt
Voting Members Independent	27	VotingMembersIndependentCnt
Total Employee	3023	TotalEmployeeCnt
Total Volunteers	1101	TotalVolunteersCnt
Total Gross UBI	$593,415	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$392,790	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$44,136,006	PYContributionsGrantsAmt
CY Contributions Grants	$17,989,360	CYContributionsGrantsAmt
PY Program Service Revenue	$126,422,990	PYProgramServiceRevenueAmt
CY Program Service Revenue	$125,995,006	CYProgramServiceRevenueAmt
PY Investment Income	$18,994,049	PYInvestmentIncomeAmt
CY Investment Income	$4,226,557	CYInvestmentIncomeAmt
PY Other Revenue	$82,589	PYOtherRevenueAmt
CY Other Revenue	$177,440	CYOtherRevenueAmt
PY Total Revenue	$189,635,634	PYTotalRevenueAmt
CY Total Revenue	$148,388,363	CYTotalRevenueAmt
PY Grants And Similar Paid	$59,746,234	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$62,743,017	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$51,824,310	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$52,273,342	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$133,640	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$123,058	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$3,754,091	CYTotalFundraisingExpenseAmt
PY Other Expenses	$32,856,254	PYOtherExpensesAmt
CY Other Expenses	$32,340,149	CYOtherExpensesAmt
PY Total Expenses	$144,560,438	PYTotalExpensesAmt
CY Total Expenses	$147,479,566	CYTotalExpensesAmt
PY Revenues Less Expenses	$45,075,196	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$908,797	CYRevenuesLessExpensesAmt
Total Assets BOY	$470,509,183	TotalAssetsBOYAmt
Total Assets EOY	$467,995,139	TotalAssetsEOYAmt
Total Liabilities BOY	$104,624,130	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$102,371,740	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$365,885,053	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$365,623,399	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	Gustavus Adolphus College is a church-related, residential liberal arts college firmly rooted in its Swedish and Lutheran heritage. The College offers students of high aspiration and promise a liberal arts education of recognized excellence provided by faculty who embody the highest standards of teaching and scholarship. The College aspires to be a community of persons from diverse backgrounds who respect and affirm the dignity of all people. It is a community where a mature understanding of the Christian faith and lives of service are nurtured and students are encouraged to work toward a just and peaceful world. The purpose of a Gustavus education is to help students attain their full potential as persons, to develop in them a capacity and passion for lifelong learning, and to prepare them for fulfilling lives of leadership and service in society.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	Yes (1)	SignificantChangeInd
Expense	$104,418,375	ExpenseAmt
Grant	$62,743,017	GrantAmt
Revenue	$106,536,097	RevenueAmt
Desc	Instruction and Academic Support: Gustavus offers 72 majors in 25 academic departments and 12 interdisciplinary programs, with a student-faculty ratio of 11:1. Total FTE enrollment for academic year 2019-2020 was 2,224, with 463 students graduating in May 2020.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$15,370,013	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	Student Services: Gustavus sponsors 23 varsity athletics teams and more than 39 intramural activities and club sports, along with more than 120 student organizations. Approximately 99% of students are involved in at least one extracurricular activity. Other student services include admission, community-based service learning, career development, peer mentoring, Office of the Chaplains, diversity center, financial assistance, health services, registrar, campus activities and residential life programs.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$13,303,950	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$19,016,107	RevenueAmt
Desc	Auxiliary Services: As a residential college, Gustavus is committed to residence hall living as a vital complement to its academic program. Approximately 97% of students live in College-owned residences and eat in the College's Dining Service. During Fall 2019, 2052 students lived in College-owned residences. The College bookstore provides textbooks and other educational supplies for students. Other items for sale include: clothing embossed with the College's insignia, books and miscellaneous novelty items.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$4,990,853	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	Gustavus offers a number of activities that enhance the curricular program, including various public service events and miscellaneous services provided to students.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$4,990,853	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$138,083,191	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	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	Yes (1)	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	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	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	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	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3303	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	3023	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	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
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	33	GoverningBodyVotingMembersCnt
Independent Voting Member	27	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	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	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Curtis J Kowaleski	PersonNm
Phone	5079337499	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 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	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Rebecca M Bergman
President	50	0.5	Yes (X)	Yes (X)	$331,712	$0	$81,852
Thomas W Young
Vice President for Institutional Advancement	50	0			$169,776	$0	$133,063	Yes (X)
Brenda S Kelly
Provost and Dean of the College	50	0		Yes (X)	$195,039	$0	$36,705
Mark J Braun
Faculty	50	0			$138,553	$0	$58,169	Yes (X)
Curtis J Kowaleski
CFO Vice President of Finance and Treasurer	50	0.5		Yes (X)	$170,173	$0	$23,352
JoNes R VanHecke
Vice President for Student Life & Dean of Students	50	0			$151,750	$0	$19,595	Yes (X)
Diane K Lund Dean
Faculty	50	0			$133,885	$0	$37,235	Yes (X)
Ann Sponberg Peterson
Assoc VP of Development and Director of Development	50	0			$129,120	$0	$18,524	Yes (X)
Jolene D Christensen
Secretary	50	0		Yes (X)	$72,666	$0	$23,462
Jon V Anderson
Director	2	0	Yes (X)		$0	$0	$0
Scott P Anderson
Director/Chair	2	0.5	Yes (X)	Yes (X)	$0	$0	$0
Catherine L Asta
Director	2	0	Yes (X)		$0	$0	$0
Tracy L Bahl
Director	2	0	Yes (X)		$0	$0	$0
Grayce Belvedere-Young
Director	2	0	Yes (X)		$0	$0	$0
Kevin D Bergeson
Director	2	0	Yes (X)		$0	$0	$0
Suzanne F Boda
Director/Vice Chair	2	0	Yes (X)	Yes (X)	$0	$0	$0
Robert D Brown Jr
Director	2	0	Yes (X)		$0	$0	$0
Kara K Buckner
Director	2	0	Yes (X)		$0	$0	$0
Janette F Concepcion
Director	2	0	Yes (X)		$0	$0	$0
Edward J Drenttel
Director	2	0	Yes (X)		$0	$0	$0
Bruce A Edwards
Director/Vice Chair	2	0	Yes (X)	Yes (X)	$0	$0	$0
James H Gale
Director/Vice Chair	2	0	Yes (X)	Yes (X)	$0	$0	$0
John O Hallberg
Director	2	0	Yes (X)		$0	$0	$0
Susanne B Heim
Director	2	0	Yes (X)		$0	$0	$0
Mary Dee J Hicks
Director	2	0	Yes (X)		$0	$0	$0
Peter C Johnson
Director	2	0	Yes (X)		$0	$0	$0
Paul R Koch
Director	2	0	Yes (X)		$0	$0	$0
Dennis A Lind
Director	2	0	Yes (X)		$0	$0	$0
Jan Lindman
Director	2	0	Yes (X)		$0	$0	$0
David J Lose
Director	2	0	Yes (X)		$0	$0	$0
Gordon D Mansergh
Director	2	0	Yes (X)		$0	$0	$0
Mikka S McCracken
Director	2	0	Yes (X)		$0	$0	$0
Janice M Michaletz
Director	2	0	Yes (X)		$0	$0	$0
Thomas J Mielke
Director/Vice Chair	2	0	Yes (X)	Yes (X)	$0	$0	$0
Bradley S Nuss
Director	2	0	Yes (X)		$0	$0	$0
Marcia L Page
Director	2	0	Yes (X)		$0	$0	$0
Craig A Pederson
Director	2	0	Yes (X)		$0	$0	$0
Wayne B Peterson
Director	2	0	Yes (X)		$0	$0	$0
Dan S Poffenberger
Director	2	0	Yes (X)		$0	$0	$0
Beth S Schnell
Director	2	0	Yes (X)		$0	$0	$0
Karl D Self
Director	2	0	Yes (X)		$0	$0	$0
Ronald C White
Director	2	0	Yes (X)		$0	$0	$0
Heather T Wigdahl
Director	2	0	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,492,674	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$431,957	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	16	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
Kraus-Anderson Companies Inc
501 South Eighth Street	Minneapolis	MN	55404	Construction Services	$23,294,301
Hastings and Chivetta Architects Inc
622 Emerson Road	Saint Louis	MO	63141	Architectural Services	$481,552
EAB Global Inc
2445 M Street NW	Washington	DC	20037	Marketing Services	$464,352
Hamilton Lane Advisors LLC
One Presidential Blvd 4th Floor	Bala Cynwyd	PA	19004	Endowment Consultant	$428,291
Ballman Roofing & Coating LLC
45668 Highway 22	Kasota	MN	56050	Construction Services	$408,468

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	18	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$457,419	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$3,356,956	GovernmentGrantsAmt
All Other Contributions	$14,174,985	AllOtherContributionsAmt
Noncash Contributions	$1,023,626	NoncashContributionsAmt
Total Contributions	$17,989,360	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Tuition and Fees	611310	$103,682,890	$103,682,890	$0	$0
Residence Halls	611310	$11,218,477	$11,061,098	$157,379	$0
Dining Service	611310	$6,180,502	$5,446,843	$733,659	$0
Book Mark	611310	$1,617,128	$1,617,128	$0	$0
Athletic Facilities	611310	$452,095	$422,641	$29,454	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,843,914	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,728,189	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$115,725	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$125,995,006	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,349,190	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$442,802	UnrelatedBusinessRevenueAmt
Exclusion	$2,791,992	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$99	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$99	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,827	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$5,827	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$105,339,117	SecuritiesAmt
Other	$0	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$99,350,910	SecuritiesAmt
Other	$4,110,939	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$5,988,207	SecuritiesAmt
Other	-$4,110,939	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,877,268	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,877,268	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$354,050	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$457,419	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$272,318	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$81,732	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$81,732	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$102,070	GamingGrossIncomeAmt
Gaming Direct Expenses	$12,189	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$89,881	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$89,881	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$148,388,363	TotalRevenueColumnAmt
Related Or Exempt Func Income	$124,958,789	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$593,415	UnrelatedBusinessRevenueAmt
Exclusion	$4,846,799	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$62,743,017	TotalAmt
Program Services	$62,743,017	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$929,104	TotalAmt
Program Services	$235,613	ProgramServicesAmt
Management And General	$693,491	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$180,835	TotalAmt
Program Services	$85,045	ProgramServicesAmt
Management And General	$95,790	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$37,614,362	TotalAmt
Program Services	$34,238,143	ProgramServicesAmt
Management And General	$1,444,709	ManagementAndGeneralAmt
Fundraising	$1,931,510	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$2,365,945	TotalAmt
Program Services	$2,101,744	ProgramServicesAmt
Management And General	$133,703	ManagementAndGeneralAmt
Fundraising	$130,498	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$8,618,528	TotalAmt
Program Services	$7,650,139	ProgramServicesAmt
Management And General	$491,986	ManagementAndGeneralAmt
Fundraising	$476,403	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,564,568	TotalAmt
Program Services	$2,310,841	ProgramServicesAmt
Management And General	$110,663	ManagementAndGeneralAmt
Fundraising	$143,064	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$290,955	TotalAmt
Management And General	$286,537	ManagementAndGeneralAmt
Fundraising	$4,418	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$75,016	TotalAmt
Management And General	$75,016	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$104,849	TotalAmt
Management And General	$104,849	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$123,058	TotalAmt
Fundraising	$123,058	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$521,855	TotalAmt
Management And General	$521,855	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,293,317	TotalAmt
Program Services	$1,208,857	ProgramServicesAmt
Management And General	$51,020	ManagementAndGeneralAmt
Fundraising	$33,440	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$321,764	TotalAmt
Program Services	$321,664	ProgramServicesAmt
Fundraising	$100	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$723,987	TotalAmt
Program Services	$202,246	ProgramServicesAmt
Management And General	$310,761	ManagementAndGeneralAmt
Fundraising	$210,980	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,221,530	TotalAmt
Program Services	$1,202,107	ProgramServicesAmt
Management And General	$19,283	ManagementAndGeneralAmt
Fundraising	$140	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,907,036	TotalAmt
Program Services	$3,780,120	ProgramServicesAmt
Management And General	$105,763	ManagementAndGeneralAmt
Fundraising	$21,153	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,051,763	TotalAmt
Program Services	$894,989	ProgramServicesAmt
Management And General	$48,831	ManagementAndGeneralAmt
Fundraising	$107,943	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$120,062	TotalAmt
Program Services	$101,572	ProgramServicesAmt
Management And General	$3,443	ManagementAndGeneralAmt
Fundraising	$15,047	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,363,838	TotalAmt
Program Services	$2,349,925	ProgramServicesAmt
Management And General	$13,913	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$7,420,809	TotalAmt
Program Services	$7,179,752	ProgramServicesAmt
Management And General	$200,881	ManagementAndGeneralAmt
Fundraising	$40,176	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$608,914	TotalAmt
Program Services	$589,134	ProgramServicesAmt
Management And General	$16,483	ManagementAndGeneralAmt
Fundraising	$3,297	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Dining Service Expenses	$2,598,062	$2,598,062	$0	$0
Study Away Expenses	$1,969,728	$1,969,728	$0	$0
Academic Expenses	$1,455,851	$1,455,851	$0	$0
Book Mark Expenses	$1,130,774	$1,130,774	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,160,039	TotalAmt
Program Services	$3,733,868	ProgramServicesAmt
Management And General	$913,307	ManagementAndGeneralAmt
Fundraising	$512,864	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$147,479,566	TotalAmt
Program Services	$138,083,191	ProgramServicesAmt
Management And General	$5,642,284	ManagementAndGeneralAmt
Fundraising	$3,754,091	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$74,010	BOYAmt
EOY	$93,653	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$53,886,717	BOYAmt
EOY	$56,572,209	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$47,006,793	BOYAmt
EOY	$40,369,864	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$681,081	BOYAmt
EOY	$692,423	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$25,323	BOYAmt
EOY	$18,661	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$505,911	BOYAmt
EOY	$537,709	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,652,292	BOYAmt
EOY	$1,617,196	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$265,214,737	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$123,870,021	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$106,224,293	BOYAmt
EOY	$141,344,716	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$139,254,278	BOYAmt
EOY	$116,730,623	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$77,213,098	BOYAmt
EOY	$85,329,207	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$1,998,266	BOYAmt
EOY	$1,551,615	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$41,987,121	BOYAmt
EOY	$23,137,263	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$470,509,183	BOYAmt
EOY	$467,995,139	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$19,363,369	BOYAmt
EOY	$18,569,127	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,600,139	BOYAmt
EOY	$4,342,088	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$66,481,398	BOYAmt
EOY	$65,517,807	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$2,709,200	BOYAmt
EOY	$2,831,536	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,470,024	BOYAmt
EOY	$11,111,182	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$104,624,130	BOYAmt
EOY	$102,371,740	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	$100,394,749	BOYAmt
EOY	$115,878,902	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$265,490,304	BOYAmt
EOY	$249,744,497	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$365,885,053	BOYAmt
EOY	$365,623,399	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$470,509,183	BOYAmt
EOY	$467,995,139	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$908,797	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$775,583	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	-$394,868	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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	$34,642,429	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,947,211	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$33,245,780	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$44,136,006	CurrentTaxYearMinus1YearAmt
Current Tax Year	$17,989,360	CurrentTaxYearAmt
Total	$160,960,786	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$34,642,429	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,947,211	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$33,245,780	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$44,136,006	CurrentTaxYearMinus1YearAmt
Current Tax Year	$17,989,360	CurrentTaxYearAmt
Total	$160,960,786	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$71,923,130	SubstantialContributorsTotAmt
Public Support Total170	$89,037,656	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,369,704	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,823,724	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,986,623	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,557,232	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,355,116	CurrentTaxYearAmt
Total	$10,092,399	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$186,194	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$127,976	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$386,098	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$146,100	CurrentTaxYearMinus1YearAmt
Current Tax Year	$456,120	CurrentTaxYearAmt
Total	$1,302,488	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$172,355,673	TotalSupportAmt
Gross Receipts Rltd Activities	$609,290,417	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.51659	PublicSupportCY170Pct
Public Support PY170	0.34595	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10	FormAndLineReferenceDesc
Explanation	Gross fundraising revenue - Column A $186,194, Column B $44,066, Column C $288,328, Column D $49,600, Column E $354,050, Column F $922,238. Gross gaming revenue - Column A $0, Column B $83,910, Column C $97,770, Column D $96,500, Column E $102,070, Column F $380,250.	ExplanationTxt

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	Yes (1)	GrantsOtherOrganizationsInd
Grants Other Organizations	$104,849	GrantsOtherOrganizationsAmt
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$104,849	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1	FormAndLineReferenceDesc
Explanation	Gustavus Adolphus College is a member of Minnesota Private College Council (MPCC), an organization described in section 501(c)(4) of the Internal Revenue Code. MPCC is an association of private nonprofit institutions of higher education that serves a variety of its members' shared needs, including, but not only, nonpartisan and non-electoral advocacy for public policy that meets students' needs and advances the interests of private higher education. The College paid membership dues to MPCC in the amount of $133,217 during the taxable year. MPCC has divided its expenses for its taxable year ending June 30, 2020, into two groups. Group 1 consists of those expenses that did not in any way support attempts to influence legislation within the meaning of section 501(c)(3) of the Internal Revenue Code ("lobbying"), and Group 2 consists of all other expenses. Group 2 includes many expenses such as personnel costs, that supported both lobbying and nonlobbying activities. MPCC did not attempt to allocate the Group 2 expenses between lobbying and nonlobbying activities. MPCC has determined that the amount of the Group 2 expenses represents 78.13% of the amount of the dues that MPCC collected in the same taxable year. Assuming that all Group 2 expenses were paid from member dues, and allocating those expenses pro rata based on the dues paid by each member, $104,084 of the College's dues were used to pay Group 2 expenses. The amount of lobbying expenses paid from the College's dues was significantly less than that amount. In addition, the College paid membership dues of $9,404 and $1,783 during the taxable year to the National Association of Independent Colleges and Universities and Greater Mankato Growth of which 7% and 6% or $658 and $107, respectively, was estimated to be used for lobbying expenses.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$100,000	RevenuesIncludedAmt
Assets Included	$635,659	AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
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	$195,183,499	BeginningYearBalanceAmt
Contributions	$8,270,806	ContributionsAmt
Investment Earnings Or Losses	$6,839,782	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,237,516	GrantsOrScholarshipsAmt
Other Expenditures	$5,351,065	OtherExpendituresAmt
Administrative Expenses	$521,856	AdministrativeExpensesAmt
End Year Balance	$201,183,650	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$185,507,796	BeginningYearBalanceAmt
Contributions	$16,019,134	ContributionsAmt
Investment Earnings Or Losses	$2,207,023	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,853,871	GrantsOrScholarshipsAmt
Other Expenditures	$5,119,625	OtherExpendituresAmt
Administrative Expenses	$576,958	AdministrativeExpensesAmt
End Year Balance	$195,183,499	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$166,977,567	BeginningYearBalanceAmt
Contributions	$11,400,204	ContributionsAmt
Investment Earnings Or Losses	$14,306,378	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,675,955	GrantsOrScholarshipsAmt
Other Expenditures	$4,081,646	OtherExpendituresAmt
Administrative Expenses	$418,752	AdministrativeExpensesAmt
End Year Balance	$185,507,796	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$142,126,277	BeginningYearBalanceAmt
Contributions	$12,340,708	ContributionsAmt
Investment Earnings Or Losses	$18,459,302	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,497,605	GrantsOrScholarshipsAmt
Other Expenditures	$3,286,123	OtherExpendituresAmt
Administrative Expenses	$164,992	AdministrativeExpensesAmt
End Year Balance	$166,977,567	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$146,169,621	BeginningYearBalanceAmt
Contributions	$4,057,162	ContributionsAmt
Investment Earnings Or Losses	-$2,029,561	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,374,338	GrantsOrScholarshipsAmt
Other Expenditures	$3,524,523	OtherExpendituresAmt
Administrative Expenses	$172,084	AdministrativeExpensesAmt
End Year Balance	$142,126,277	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.15	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.68	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.17	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$136,340	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$955,993	OtherCostOrOtherBasisAmt
Book Value	$1,092,333	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$185,388	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$212,430,211	OtherCostOrOtherBasisAmt
Depreciation	$88,979,546	DepreciationAmt
Book Value	$123,636,053	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$0	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$29,218,330	OtherCostOrOtherBasisAmt
Depreciation	$19,956,617	DepreciationAmt
Book Value	$9,261,713	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$22,288,475	OtherCostOrOtherBasisAmt
Depreciation	$14,933,858	DepreciationAmt
Book Value	$7,354,617	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$141,344,716	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Commodity Funds	$105,671	F
Fund of Funds	$80,153,395	F
Funds Held by Others	$4,878,112	F
Other	$192,029	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$85,329,207	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
Annuities Payable	$9,217,200
U.S. Government Grants Refundable	$1,747,584
Future Interest Discount on Pooled Life Income Funds	$146,398

Field	Value	IRS element (for citing)
Total Liability	$11,111,182	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$84,737,161	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$775,583	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$62,875,619	OtherRevenueAmt
Revenue Not Reported	-$63,651,202	RevenueNotReportedAmt
Revenue Subtotal	$148,388,363	RevenueSubtotalAmt
Investment Expenses Not Incld	$0	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$0	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$148,388,363	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$84,998,815	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$0	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	$262,266	OtherExpensesIncludedAmt
Expenses Not Reported	$262,266	ExpensesNotReportedAmt
Expenses Subtotal	$84,736,549	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$0	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$62,743,017	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$62,743,017	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$147,479,566	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4	The Hillstrom Museum of Art exists as an integral part of the education of Gustavus Adolphus College students. As an important educational and cultural component of the College, the Museum supplements the education of students through its exhibitions and programs, encourages the interdisciplinary study of the arts, and provides a context for understanding the arts in a liberal arts program.
Schedule D, Part IV, Line 2b	This includes the actuarial liability of deferred gift funds held for third parties and funds held for various student organizations.
Schedule D, Part V, Line 4	Endowment funds are used for designated and undesignated scholarships, endowed chairs, library acquisitions, faculty development, student research, Nobel Conference and other endowed programs.
Schedule D, Part X, Line 2	The Internal Revenue Service has determined that the College is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the College is not subject to federal income taxes except to the extent it derives income from certain activities not substantially related to its tax-exempt purposes (unrelated trade or business activities). The College is also exempt from state income tax. The most significant areas that potentially subject the College to unrelated business income tax include hosting conferences and events, various services provided by the dining service to the public and endowment investments. At May 31, 2020 and 2019, the College has no current obligation for unrelated business income tax. The College follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the College for uncertain tax positions as of May 31, 2020 or 2019. The College's tax returns are subject to review and examination by federal and state authorities.
Schedule D, Part XI, Line 2d	Adjustment of Actuarial Liability, Scholarships and Grants to Students, Miscellaneous Interdepartmental Adjustments and Fundraising Reclassifications.
Schedule D, Part XII, Line 2d	Miscellaneous Interdepartmental Adjustments and Fundraising Reclassifications
Schedule D, Part XII, Line 4b	Scholarships and Grants to Students

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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule E, Part I, Line 3

The following nondiscrimination policy appears in the all-college policy manual: Within the limits of its facilities, the College shall be open to all applicants who are qualified according to its admission requirements. The College shall make clear to all applicants the characteristics and expectations of students that it considers relevant to its program. Under no circumstances may an applicant be denied admission or financial aid because of race, color, creed, religion, age, sex, sexual orientation, national origin, marital status, disability, veteran status, status with regard to public assistance or other categories protected by federal, state or local anti-discrimination laws. Financial aid administered by the College shall be disbursed on the basis of financial need and academic promise and/or academic ability.

Schedule E, Part I, Line 6

Gustavus received student financial aid assistance from the State of Minnesota and U.S. Department of Education. The College also received other grants from the U.S. Government through programs from National Science Foundation, U.S. Department of Agriculture, Environmental Protection Agency, National Endowment for the Humanities, Department of Commerce and U.S. Department of Education.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific	Program Services	January Term-121 Students	$635,480
Europe (including Iceland and Greenland)	Program Services	January Term-65 Students	$361,144
Sub-Saharan Africa	Program Services	January Term-12 Students	$71,940
Central America and the Caribbean	Program Services	January Term-19 Students	$90,730
Europe (including Iceland and Greenland)	Program Services	Student Teaching-4 Students	$14,580
South America	Program Services	Student Teaching-1 Student	$1,208
Central America and the Caribbean	Program Services	Study Abroad-1 Student	$17,621
East Asia and the Pacific	Program Services	Study Abroad-12 Students	$97,349
Europe (including Iceland and Greenland)	Program Services	Study Abroad-35 Students	$498,893
South America	Program Services	Study Abroad-7 Students	$87,559
South Asia	Program Services	Study Abroad-1 Student	$19,011
Sub-Saharan Africa	Program Services	Study Abroad-1 Student	$17,850
Central America and the Caribbean	Investments		$10,109,288

Field	Value	IRS element (for citing)
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Total Spent	$12,022,653	TotalSpentAmt
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	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule F, Part I, Line 1

Part I, Line 1 has been checked "yes" and a narrative for Part I, Line 2 provided (below) even though Core Form Part IV, Line 16 is checked "no". Those disclosures reflect that the College's students who study outside of the U.S. continue to receive financial aid that they are eligible for were they on-campus students. When a student takes a J-Term or one or more semesters abroad, financial aid funds are typically disbursed when the student is still in the U.S. and thus such funds technically are not the subject of Part I, Lines 1 and 2 (and, accordingly, are not reportable on Schedule F, Part III). The disclosures at Lines 1 and 2 are made in favor of transparency and reflect that the College employs a different monitoring mechanism in such instances than that reported on Schedule I.

Schedule F, Part I, Line 2

The College offers grants in the form of need or merit based scholarships to students who are studying outside of the United States. Before the grant or award is available and disbursed, the Center for International and Cultural Education must approve any program that a student is participating in. Once the grant has been disbursed to the student's account for the study away program, the Center for International and Cultural Education maintains contact with the host institution to monitor the student's attendance and notifies the Financial Assistance office and Student Accounts office if a student withdraws from the study away program.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
Bentz Whaley Flessner and Associates Inc
7251 Ohms Lane	Minneapolis	MN	55439	Advancement Consultant	0	$0	$32,203	-$32,203
Wilson-Bennett Technology Inc
PO Box 717	Cabot	AR	72023	Software Calling System	0	$0	$23,435	-$23,435
Blackbaud Inc
2000 Daniel Island Drive	Charleston	SC	29492	Advancement Consultant	0	$0	$67,420	-$67,420

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$123,058	TotalRetainedByContractorsAmt
Total Net To Organization	-$123,058	TotalNetToOrganizationAmt
Licensed States	AK	LicensedStatesCd
Licensed States	AL	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	AZ	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	LA	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	SD	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Royal Affair	Event1Nm
Gross Receipts Event1	$700,303	GrossReceiptsEvent1Amt
Charitable Contri Event1	$385,896	CharitableContriEvent1Amt
Gross Revenue Event1	$314,407	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$37,421	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$44,346	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$89,172	FoodAndBeverageEvent1Amt
Entertainment Event1	$21,447	EntertainmentEvent1Amt
Other Direct Expenses Event1	$34,814	OtherDirectExpensesEvent1Amt
Event2	Football Golf	Event2Nm
Gross Receipts Event2	$42,200	GrossReceiptsEvent2Amt
Charitable Contri Event2	$25,512	CharitableContriEvent2Amt
Gross Revenue Event2	$16,688	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$800	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$6,298	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$4,040	FoodAndBeverageEvent2Amt
Entertainment Event2	$0	EntertainmentEvent2Amt
Other Direct Expenses Event2	$1,089	OtherDirectExpensesEvent2Amt
Other Events Total	6	OtherEventsTotalCnt
Gross Receipts Other Events	$68,966	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$46,011	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$22,955	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$3,413	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$18,475	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$6,722	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$0	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$4,281	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$811,469	GrossReceiptsTotalAmt
Charitable Contributions Tot	$457,419	CharitableContributionsTotAmt
Gross Revenue Total Events	$354,050	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$41,634	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$69,119	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$99,934	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$21,447	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$40,184	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$272,318	DirectExpenseSummaryEventsAmt
Net Income Summary	$81,732	NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

Field	Value	IRS element (for citing)
Gross Revenue Other Gaming	$102,070	GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming	$10,500	CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming	$0	NonCashPrizesOtherGamingAmt
Rent Fclty Costs Other Gaming	$0	RentFcltyCostsOtherGamingAmt
Oth Direct Expnss Other Gaming	$1,689	OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming	Yes (1)	VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming	0.95	VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming	$102,070	GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming	$10,500	CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming	$0	NonCashPrizesTotalGamingAmt
Rent Fclty Costs Total Gaming	$0	RentFcltyCostsTotalGamingAmt
Oth Direct Expnss Total Gaming	$1,689	OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming	$12,189	DirectExpenseSummaryGamingAmt
Net Gaming Income Summary	$89,881	NetGamingIncomeSummaryAmt

Field	Value	IRS element (for citing)
States Where Gaming Conducted	MN	StatesWhereGamingConductedCd
Licensed	0	LicensedInd
Explanation If No	The Minnesota Gambling Control Board allows non-profit organizations to conduct permitted gambling activities without a license when it is limited to five days of gambling activity per calendar year and the total value of all prizes donated and purchased is less than $50,000. The College received a lawful gambling exempt permit for the year.	ExplanationIfNoTxt
License Suspended Etc	0	LicenseSuspendedEtcInd
Gaming With Nonmembers	Yes (1)	GamingWithNonmembersInd
Member Of Other Entity	0	MemberOfOtherEntityInd
Gaming Own Facility	0.97	GamingOwnFacilityPct
Gaming Other Facility	0.03	GamingOtherFacilityPct
Individual With Books	Rebecca M Bergman	IndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Field	Value	IRS element (for citing)
Cntrct With3rd Prty For Game Rev	0	CntrctWith3rdPrtyForGameRevInd
Gaming Manager Person	Laura T Kelly	GamingManagerPersonNm
Gaming Manager Compensation	$250	GamingManagerCompensationAmt
Gaming Manager Services Prov	The gaming manager's responsibilities include supervising, recordkeeping, money counting, making bank deposits for the raffle and ordering raffle tickets.	GamingManagerServicesProvTxt
Gaming Manager Is Employee	Yes (X)	GamingManagerIsEmployeeInd
Charitable Distribution Rqr	0	CharitableDistributionRqrInd
Distributed	$0	DistributedAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
Merit-Based Student Financial Assistance	774	$16,816,907
Need-Based Student Financial Assistance	1306	$43,662,265
International Student Financial Assistance	75	$2,263,845
Tuition Benefit Student Financial Assistance	84	$3,625,655

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Gustavus offers both merit-based and need-based scholarship assistance. Merit-based scholarships do not require a student to demonstrate financial eligibility and must be awarded during the Admission process. They also may be awarded as part of a need-based financial aid package. To be renewed, the student needs to maintain the established minimum standards. Need-based scholarships are offered to students who demonstrate financial eligibility by filing the FAFSA. The offered amounts can vary from year to year as determined by the family's Estimated Family Contribution (EFC) on the FAFSA and availability of funds. The Registrar's office monitors any changes to a student's enrollment status. Any changes are communicated to the Student Accounts office and the Financial Assistance office to ensure funds are being properly disbursed. Also see Schedule F, Part V with respect to monitoring of students taking J-Term or semester studies outside of the United States.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	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	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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
Rebecca M Bergman
President	$316,250	$0	$0	$0	$15,462	$0	$57,178	$0	$24,674	$0	$413,564	$0	$0	$0
Mark J Braun
Faculty	$130,525	$0	$0	$0	$8,028	$0	$9,747	$0	$48,422	$0	$196,722	$0	$0	$0
Brenda S Kelly
Provost and Dean of the College	$194,589	$0	$0	$0	$450	$0	$14,105	$0	$22,600	$0	$231,744	$0	$0	$0
Curtis J Kowaleski
CFO VP of Finance and Treasurer	$159,670	$0	$0	$0	$10,503	$0	$11,391	$0	$11,961	$0	$193,525	$0	$0	$0
Diane K Lund Dean
Faculty	$131,457	$0	$0	$0	$2,428	$0	$9,907	$0	$27,328	$0	$171,120	$0	$0	$0
JoNes R VanHecke
Vice President for Student Life & Dean of Students	$150,761	$0	$0	$0	$989	$0	$10,749	$0	$8,846	$0	$171,345	$0	$0	$0
Thomas W Young
Vice President for Institutional Advancement	$168,671	$0	$0	$0	$1,105	$0	$12,715	$0	$120,348	$0	$302,839	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule J, Part I, Line 1a

As part of the President's contract, she is required to reside in the College-owned residence at the College's expense. The College pays for all maintenance and operating expenses of the house, including, but not limited to, housekeeping, grounds keeping, general maintenance and all utilities. The President's residence is available for College-related business and entertainment on a regular and continuing basis. This benefit is excluded from taxable income pursuant to IRC Section 119(a).

Schedule J, Part I, Line 4

The President has a supplemental nonqualified retirement plan that has been approved by the Board of Directors. The terms of this plan are set forth in the written contract of the President that has been signed by the Chair of the Board of Directors and amounted to $35,040 for calendar year 2019.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Minnesota Higher Education Facilities Authority
A	410988525	60416HD27	2013-07-30	$11,610,060	See Part VI	0	0	0
Minnesota Higher Education Facilities Authority
B	410988525	60416H4Y7	2017-09-07	$58,087,076	See Part VI	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$2,365,000	$0	$11,610,060	$0	$0	$0	$160,060	$0	$0	$0	$11,450,000	$0	2013	Yes (1)	0	Yes (1)	Yes (1)
B	$630,000	$0	$58,087,076	$0	$0	$0	$534,253	$0	$0	$20,000,000	$37,552,823	$0	2019	Yes (1)	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd
(no name)
A	0	0	0	Yes (1)	0	0	0	0	Yes (1)
Bayern LB New York
B	0	Yes (1)	0	0	0	0	Yes (1)	0	Yes (1)	1.4	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part I, Column e-07/30/2013 11,610,060 Minnesota Higher Education Facilities Authority	Finance refunding of 5-X bonds issued October 7, 2004 to construct and furnish a new apartment complex, complete the installation of fire sprinkler systems in existing residence halls and renovate Old Main.
Schedule K, Part I, Column e-09/07/2017 58,087,076 Minnesota Higher Education Facilities Authority	Finance refunding of 7-B bonds (issued August 5, 2010 for construction, furnishing and equipping of Beck Academic Hall and development of new west mall) and to construct, expand and renovate Nobel Hall of Science and Schaefer Fine Arts Center.
Schedule K, Part IV, Line 2c-07/30/2013 11,610,060 Minnesota Higher Education Facilities Authority	The rebate calculation was performed on October 9, 2017.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxt	Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt
1
-	$13,244	Tuition Exchange	Tuition Benefit
3
-	$108,740	Merit Scholarhsip	Student Financial Assistance

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Kristianne R Westphal
Former Officer Westphal-Spouse	$85,045	Salary and Benefits	0
Andrew P Johnson
Officer Christensen Son-in-Law	$95,790	Salary and Benefits	0
Catherine Asta and Richard Black
Director & Director Spouse	$91,626	Apartment Rental Fiscal Agent	0
Ian Grant Slow Boat Productions LLC
Director Heim Bro-in-Law	$90,000	Teaching and Video Services	0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part IV	FormAndLineReferenceDesc
Explanation	Line 3: The College has a property management agreement with a current member of the Board of Directors and her husband. Under this agreement, the College rents apartment units to current students. The College serves as fiscal agent on the property and is responsible for all maintenance, repairs and capital improvements. The remaining balance at the end of each fiscal year is paid to the College as a management fee. During the year ended May 31, 2020, the College billed students $464,400 and paid expenses of $372,774, resulting in a management fee of $91,626. The agreement is in full force until May 31, 2023, and shall continue thereafter on successive five year terms, through May 31, 2032 unless sooner terminated by the College or the owner.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$100,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Qualified Independent Appraisal	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	31	ContributionCnt
Noncash Contributions Rpt F990	$890,280	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Average High/Low	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Auction Items	Desc
Contribution	382	ContributionCnt
Noncash Contributions Rpt F990	$33,346	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Donated Value	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	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
Schedule M, Part I, Line 1	It is the College's policy to aggregate multiple gifts occurring on the same day as one contribution.
Schedule M, Part I, Line 32b	The College uses several brokers to sell publicly traded securities that are gifted to the College.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 3	In March 2020, the World Health Organization declared the outbreak of COVID-19 to be a global pandemic. At that time, the College closed its dormitories and dining services and moved to an online learning platform for the remainder of the academic year and returned for the Fall 2020 semester with a mixture of in-person and online courses. The closures resulted in a decision to refund a pro-rated amount of housing fees, meal plans and parking permits to students no longer living on campus. The College continues to follow guidance from the Minnesota Department of Health regarding the coronavirus and campus operations.
Form 990, Part III, Line 4a	With the exception of auxiliary services revenue reported on Line 4c, all grants expense and program revenue receipts have been included on 4a since students are billed a comprehensive fee and an allocation by program service achievement area is not practical.
Form 990, Part VI, Section A, Line 1a	The executive committee shall consist of the Chair; each Vice Chair; the President; the Secretary, if the Secretary is a director; the immediate past Chair for one year after leaving office, if the immediate past Chair continues to be a director; the President of the Gustavus Adolphus College Association of Congregations; and up to four and not fewer than two additional directors elected at the annual meeting for one-year terms. The Secretary, even if not a member, shall attend executive committee meetings in order to take minutes, unless the committee determines that the matters under consideration would render such attendance inappropriate. The executive committee shall undertake any duties assigned to it by the Board; assists the Chair and the President with their shared responsibility for effective Board operations by, among other things, participating in the preparation of Board meeting agendas; and take any action for the Board that the executive committee determines must be taken before the Board meets again, endeavoring always to preserve for the Board the fullest possible flexibility for addressing the matter at its next meeting. The committee shall have the authority to act for the Board on all matters except for the following, which are reserved for the Board; presidential selection and termination; director and Board officer elections, changes in institutional mission and purpose and changes to the Articles of Incorporation or the Bylaws. The executive committee shall provide to all directors prior to each Board meeting minutes of all executive committee meetings that have taken place since the previous Board meeting, and such minutes disclose all action as taken by the executive committee.
Form 990, Part VI, Section A, Line 1b	Three directors have dependents at the College who receive financial aid. One director is employed by the College, one director has a reportable business transaction with the College and one director has a family member who has a reportable business transaction with the College. See Schedule L for disclosures.
Form 990, Part VI, Section A, Line 2	Directors Marcia Page and Edward Drenttel - Business Relationships
Form 990, Part VI, Section A, Line 4	The College amended its Bylaws on February 14, 2020 increasing the maximum number of directors from 34 to 36 and implementing the Young Alumni Director position. Up to two Young Alumni Directors may simultaneously serve a four-year term, unless the Board sets a shorter term. The Board may not extend or renew any Young Alumni Director's term, regardless of that term's length. A Young Alumni Director's term must begin within 15 years of earning a degree from the College. The amendment added the responsibility of monitoring the engagement of the College with the alumni, the community, the Association of Congregations, and the ELCA. Also, the amendment added the expectation for a Director to avoid a conflict of interest with the College and, when not feasible, disclose any and all possible conflicts of interest in accordance with Board/College policies.
Form 990, Part VI, Section A, Line 7a	The Board of Directors membership is established as follows: Board Composition - The Board of Directors shall consist of no fewer than twenty-eight and no more than thirty-six directors. All directors shall have equal voting rights. Ex Officio Directors - So long as they hold office, the President of the College, the Bishop of the Southwestern Minnesota Synod of the ELCA, and the President of the Association of Congregations shall be directors. Alumni Association Directors - The Board of Directors of the Gustavus Adolphus College Alumni Association, acting in consultation with the Board, shall be entitled to appoint two Alumni Association directors, each of whom may serve as an Alumni Association director for up to four consecutive years. ELCA Director - The ELCA may designate as a director a member of the churchwide staff with responsibility for higher education. Young Alumni Director - The Board may elect Young Alumni Directors, up to two of whom may serve simultaneously. Each Young Alumni Director will serve a four-year term, unless the Board sets a shorter term. The Board may not extend or renew any Young Alumni Director's term, regardless of that term's length. A Young Alumni Director's term must begin within 15 years of earning a degree from the College. Elected Directors - Elected directors of the Board shall be elected by the Association of Congregations at its annual meeting. The Board shall serve as the nominating committee to the Association of Congregations for the selection of candidates to serve as elected directors of the Board. The composition of the elected directors of the Board shall be no fewer than twenty-four (24) and no more than twenty-eight (28) directors. At least twelve (12) elected directors, the exact number to be determined by the Board, shall be at-large directors nominated by the Board and elected by the Association of Congregations without contest. At least twelve (12) but no fewer than half of the elected directors must be members of congregations that are members of the Association of Congregations, and at least four of these must be rostered ELCA clergy. Term - Elected directors shall serve three-year terms, beginning with the call to order of the Board's annual meeting and ending with the call to order of the Board's annual meeting three years later. To the extent possible, the Board should stagger elections so that the terms of approximately one-third of elected directors expire each year. Nomination - Before the Association of Congregation's annual meeting each year, the Board of Directors shall nominate a slate of candidates for election.
Form 990, Part VI, Section B, Line 11b	Federal Form 990 (the 990) was prepared by the Director of Tax and reviewed by the Controller and CFO, Vice President for Finance and Treasurer. On February 15, 2021 a draft of the 990 was distributed to the Board of Directors. Inquiries from the Directors were communicated to the Audit Committee chair and discussed at the Audit Committee meeting. In addition, a summary of all disclosures relating to the Conflict of Interest policy from the annual disclosure statements (Directors) and questionnaires (officers and other interested persons) was presented to the Audit Committee for their review. On March 17, 2021, the Audit Committee of the Board of Directors reviewed and accepted the draft 990 in its entirety for filing with the IRS.
Form 990, Part VI, Section B, Line 12c	The College has a written conflict of interest policy that pertains to its employees. This policy is one of several "All College Policies" that are published on the College's website. The conflict of interest policy is designed to help officers and employees of the College identify situations that present potential conflicts of interest, along with following written procedures in the event that there is a conflict of interest. The policy is intended to comply with the procedure prescribed in Minnesota Statutes, Section 317A.255, and governing conflicts of interest to nonprofit corporations. The President and the CFO, Vice President of Finance and Treasurer monitor and enforce the College's conflict of interest policy relating to its employees. In addition, a questionnaire is completed by all officers and other interested persons on an annual basis that documents any activity that could give rise to conflicts of interest. These questionnaires are reviewed by the President and the CFO, Vice President of Finance and Treasurer. The College has a separate written conflict of interest policy that pertains to all members of the Board of Directors. The policy discloses the importance of exercising integrity and objectivity in making decisions. It further provides disclosure requirements and procedures for abstaining and documentation of meeting minutes when there is a conflict of interest. In May 2020, the Chair of the Audit Committee requested that the President's Office distribute this policy to all Directors, along with an annual disclosure statement, indicating that the director has read, understands and discloses whether or not there are any circumstances leading to a potential conflict of interest. At the May 2020 Board of Directors meeting, the Chair of the Audit Committee requested that all Directors read the conflict of interest policy, determine if they had any questions, complete the annual disclosure statement on a timely basis and return to the CFO, Vice President of Finance and Treasurer. From a governance perspective, the Audit Committee of the Board of Directors is specifically charged with overseeing compliance with this policy. Chairs of individual committees are charged with following the procedures for voting when there is a conflict of interest, along with documentation of those procedures in the meeting minutes. Completed annual disclosure statements were received from all Directors.
Form 990, Part VI, Section B, Line 15	The President's compensation is reviewed annually by the executive committee of the Board of Directors in accordance with College's Bylaws using compensation data from comparable institutions. The results of this review, including deliberation and the final decision and approval, are documented in the executive committee minutes and was last reviewed in August 2019. The President reviews compensation surveys and the compensation of all vice presidents on an annual basis in accordance with the College's Bylaws. The President approves and signs all vice president contracts. The compensation of all interested persons on Schedule L, Part IV is reviewed by independent persons.
Form 990, Part VI, Section C, Line 19	The audited financial statements of the College for the year ended May 31, 2020 are found on the College's website. The following documents are available for public inspection in the President's Office, located in the Carlson Administration Building on the campus in St. Peter, MN: Articles of Incorporation, Bylaws and Conflict of Interest Policy.
Form 990, Part XI, Line 9	Adjustment of Actuarial Liability

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Tennis and Life Camps LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	Summer Camp	PrimaryActivitiesTxt
Legal Domicile State	MN	LegalDomicileStateCd
Total Income	$1,001,773	TotalIncomeAmt
End Of Year Assets	$79,344	EndOfYearAssetsAmt
Direct Controlling NA	N/A	DirectControllingNACd

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Greater Gustavus Fund	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 West College Avenue	AddressLine1Txt
City	Saint Peter	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56082	ZIPCd

Field	Value	IRS element (for citing)
EIN	416038632	EIN
Primary Activities	Fundraising	PrimaryActivitiesTxt
Legal Domicile State	MN	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	11, I	PublicCharityStatusTxt
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	Yes (1)	ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
Beneficial Interest in Funds Held in Trust (20)
Names and EINs Withheld	Saint Peter	MN	56082	Investment	MN	N/A	T	$670,310	$3,612,155	1	0
Charitable Remainder Annuity Trust (1)
Name and EIN Withheld	Saint Peter	MN	56082	Investment	MN	N/A	T				0
Charitable Remainder Unitrusts (28)
Names and EINs Withheld	Saint Peter	MN	56082	Investment	MN	N/A	T				0
Pooled Life Income Fund
800 West College Avenue	Saint Peter	MN	56082	Investment	MN	N/A	T				0

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	0	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	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	Yes (1)	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	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	Pooled Life Income Fund	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	k	TransactionTypeTxt
Involved	$145,744	InvolvedAmt
Method Of Amount Determination	Cash Paid	MethodOfAmountDeterminationTxt