2021-05-17T13:48:32-05:00 2020-06-30 KPMG LLP 60 South Street Boston MA 02111 990 2019-07-01 050258810 Bryant University % MR BARRY F MORRISON CPA BRYA 4012326005 1150 Douglas Pike Smithfield RI 029171284 BARRY F MORRISON VP BUS. AFF/TREAS. 4012326005 2021-05-17 true SMITA BALIGA P01643271 6179881000 2019 2022-09-23 18:48:47Z ROSS GITTELL 1150 Douglas Pike SMITHFIELD RI 029171284 364415200 false X WWW.BRYANT.EDU X 1863 RI OUR MISSION IS TO EDUCATE AND INSPIRE STUDENTS TO DISCOVER THEIR PASSION AND BECOME INNOVATIVE LEADERS WITH CHARACTER AROUND THE WORLD. 34 34 2205 500 471741 271785 8292858 8888129 210932616 199770578 14326394 7452759 2115043 2536391 235666911 218647857 65297444 66897522 0 0 85487755 87755255 111016 60925 3231547 65593161 61413920 216489376 216127622 19177535 2520235 505943499 506736315 158362317 160913866 347581182 345822449 X BRYANT UNIVERSITY'S MISSION IS TO EDUCATE AND INSPIRE STUDENTS TO DISCOVER THEIR PASSION, BECOME INNOVATIVE LEADERS WITH CHARACTER, AND MAKE A DIFFERENCE AROUND THE WORLD. false false 175078300 66897522 167451499 *UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS - INCLUDING ACADEMIC SUPPORT, STUDENT SERVICES, AND PUBLIC SERVICE* SEE SCHEDULE O 15069633 34391151 *AUXILIARY SERVICES - DINING AND HOUSING* SEE SCHEDULE O 190147933 true true false false false false false true false true true true false false true true false true true true true false true true true true false false true true true false true false false false false true false true false true true false false true true true true false true 638 0 true 2205 true true true false false false false true true false false false false false false X 34 34 true false false false false false false true true false true true true true true true true true true true true true AK CA CO MD MA MI NH NJ NY OH OK OR PA SC VA WA X MR BARRY F MORRISON CPA 4012326017 1150 DOUGLAS PIKE SMITHFIELD RI 029171284 Ronald K Machtley President/Trustee 42.0 10.0 X 796692 0 131201 Barry F Morrison VP-BUSINESS AFFAIRS/TREASURER 50.0 0.0 X 484489 0 89982 Charles F LoCurto VP-INFORMATION SERVICES/CIO 50.0 0.0 X 414080 0 82172 Glenn M Sulmasy Provost 45.0 5.0 X 331574 0 101618 David C Wegrzyn VP-UNIVERSITY ADVANCEMENT 50.0 0.0 X 305780 0 109873 William Smith Director of Athletics 50.0 0.0 X 291483 0 116418 Madan G Annavarjula Dean, College of Business 50.0 0.0 X 302289 0 80705 Michael J Pressler Head Men's Lacrosse Coach 50.0 0.0 X 295937 0 83202 Timothy T Paige VP Human Resources 45.0 5.0 X 281963 0 59209 Hong Yang VP INTERNATIONAL AFFAIRS 45.0 5.0 X 279297 0 52582 Daniel J Borgia Dean, Bryant Zhuhai 0.0 50.0 X 259772 0 63008 Peter J Nigro Professor, Sarkisian Chair 50.0 0.0 X 266778 0 50958 Roger L Anderson Executive Asst. to Pres 50.0 0.0 X 238922 0 76539 Michelle L Cloutier VP OF ENROLLMENT MANAGEMENT 50.0 0.0 X 237053 0 54240 Bradford D Martin DEAN, COLLEGE OF ARTS&SCIENCE 50.0 0.0 X 190056 0 46207 Wendy Samter Assoc Dean, Coll of Arts & Sci 50.0 0.0 X 190096 0 30065 VK Unni Faculty Professor, FKE 50.0 0.0 X 135499 0 37642 Inge-Lise Ameer Vice President of Student Affa 50.0 0.0 X 85538 0 17466 William J Conaty Chair of the Board 5.0 0.0 X 0 0 0 Cheryl Merchant Secretary to the Board 5.0 0.0 X 0 0 0 Joseph F Puishys Vice-Chair of the Board 5.0 0.0 X 0 0 0 M Anne Szostak Vice-Chair of the Board 5.0 0.0 X 0 0 0 David C Weinstein Vice-Chair of the Board 5.0 2.0 X 0 0 0 Tim Barton Trustee 5.0 0.0 X 0 0 0 David M Beirne Trustee 5.0 0.0 X 0 0 0 George E Bello Trustee 5.0 0.0 X 0 0 0 James P Bergeron Trustee 5.0 0.0 X 0 0 0 Robert P Brown Trustee 5.0 0.0 X 0 0 0 Robert J Calabro Trustee 5.0 0.0 X 0 0 0 Lisa G Churchville Trustee 5.0 0.0 X 0 0 0 Nancy DeViney Trustee 5.0 0.0 X 0 0 0 Scott C Donnelly Trustee 5.0 0.0 X 0 0 0 C Correll Durling Trustee 5.0 0.0 X 0 0 0 Jeffrey W Gardner Trustee 5.0 0.0 X 0 0 0 Shruti Kansara Trustee 5.0 0.0 X 0 0 0 Christine Katziff Trustee 5.0 0.0 X 0 0 0 Diane Kazarian Trustee 5.0 0.0 X 0 0 0 F Kurt Last Trustee 5.0 0.0 X 0 0 0 Robert P Mead Trustee 5.0 0.0 X 0 0 0 Kristian P Moor Trustee 5.0 0.0 X 0 0 0 Patricia O'Brien Trustee 5.0 0.0 X 0 0 0 Louis Page Trustee 5.0 0.0 X 0 0 0 Joseph Paparelli Trustee 5.0 0.0 X 0 0 0 Gordon P Riblet Trustee 5.0 0.0 X 0 0 0 Daniel J Rice IV Trustee 5.0 0.0 X 0 0 0 James V Rosati Trustee 5.0 0.0 X 0 0 0 Brian P Salit Trustee 5.0 0.0 X 0 0 0 Edwin J Santos Trustee 5.0 0.0 X 0 0 0 Daniel F Schmitt Trustee 5.0 0.0 X 0 0 0 Margaret M Van Bree Trustee 5.0 0.0 X 0 0 0 Rita Williams-Bogar Trustee 5.0 0.0 X 0 0 0 D Ellen Wilson Trustee 5.0 0.0 X 0 0 0 5387298 0 1283087 167 true true false SODEXO 620 MICHIGAN AVENUE NE WASHINGTON DC 20064 FOOD SERVICE 10818801 New England Construction Co Inc 293 Bourne Avenue RUMFORD RI 02916 Construction 6960825 AZ Corporation PO Box 370 NORTH STONINGTON CT 06359 Construction 4912931 Bond Bros Inc 10 Cabot Road Ste 301 MEDFORD MA 021555713 Construction 3499830 EYP Architecture Engineering PC 470 Atlantic Ave 7th Floor BOSTON MA 02210 Architecture/Design 862897 40 34050 1702645 7151434 1219130 8888129 TUITION AND FEES 900099 164564481 164564481 AUXILIARY ENTERPRISES 721310 34391151 33943459 113914 333778 STUDENT SERVICES REVENUES 900099 722792 720542 2250 PUBLIC SERVICE PROGRAMS 900099 92154 92154 199770578 1590171 24435 1565736 30933 30933 336633 336633 0 0 0 151419322 174310 145646683 115294 5772639 59016 5831655 331142 5500513 6040 34050 2357 3683 3683 34543 3009 31534 31534 0 0 0 SOPHOMORE INTERNATIONAL EXPERIENCE 900099 535500 535500 LAPTOP PROGRAM 900099 54371 54371 CHINA PROGRAM 900099 205692 205692 1368978 1276509 92469 2164541 218647857 201392708 471741 7895279 5693 5693 62584451 62584451 4307378 4307378 0 4575876 1238078 3134649 203149 98874 98874 62991843 53975752 7182154 1833937 4652991 4187910 335333 129748 11058125 9713668 1014817 329640 4377546 3750983 499116 127447 0 114436 114338 98 271560 271560 0 60925 60925 0 3913226 2674673 1210723 27830 2814708 1069721 1614698 130289 1561388 1245456 245133 70799 3930471 2383065 1456416 90990 0 4159063 1974307 2184756 3964103 3744580 158669 60854 0 539108 422211 105559 11338 4146693 3913068 233625 0 16408969 15484488 924481 1340859 534277 806582 DINING SERVICES 9561879 9213755 346132 1992 FACILITY REPAIRS 1712335 1414505 297830 ACTIVITIES EXPENSE 680368 564795 48353 67220 STUDY ABROAD TUITION EXPENSES 1889200 1889200 4405554 3757045 563218 85291 216127622 190147933 22748142 3231547 39569 55933 70513323 60240013 5118322 4477802 3518068 3118649 0 0 0 0 4888740 3987306 0 0 4850410 3344411 466106579 237118221 217660797 228988358 110740074 118048360 87077366 78166832 1378072 2051951 0 0 158758 4256700 505943499 506736315 23431408 23807987 0 0 9274000 15275503 107367661 103485520 0 0 0 0 0 0 0 0 18289248 18344856 158362317 160913866 X 301275825 296728465 46305357 49093984 347581182 345822449 505943499 506736315 X 2520235 -802686 -3476282 X false true X true true true X 7497028 10056775 11767062 8175582 8888129 46384576 0 0 7497028 10056775 11767062 8175582 8888129 46384576 2613798 43770778 3537635 3628785 4232143 1880406 1933302 15212271 0 0 61596847 1002645672 0.71060 0.66860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21800 731514 X false 184035866 2950479 4042923 2585566 6013834 182429868 183755806 3860385 4757576 2482703 5855198 184035866 174207413 2884395 16947391 2397449 5808051 2077893 183755806 158599584 5525510 20365606 2312534 5843266 2127487 174207413 170101208 2753492 -4158815 2222341 5631859 2242101 158599584 0.80000 0.20000 false false 3289054 3289054 370333102 178585076 191748026 52781461 42253867 10527594 39702962 16279278 23423684 228988358 HEDGE FUNDS 53710341 F PRIVATE PLACEMENT PROGRAMS 24456491 F 78166832 0 SWAP DERIVATIVES 12511874 ASSET RETIRMENT OBLIGATION 319872 REFUNDABLE ADVANCES - US GOVERNMENT 5513110 18344856 X 150102928 -802686 -67747609 -68550295 218653223 -5366 -5366 218647857 151859212 2757354 2757354 149101858 67025764 67025764 216127622 ORGANIZATION'S COLLECTIONS PART III, LINE 4 The University's art collections consist of many different types of art including paintings, photographs, book collections, sports memorabilia, sculptures, figurines, antiques and artifacts. The collections enhance and further the purpose of the University in various ways, which include the ability of the student to learn to understand human experiences, both past and present, learn to adapt to and respect others' diverse ways of thinking, working, and expressing themselves, and analyzing nonverbal communication and making informed judgments about cultural products and issues. ENDOWMENT FUNDS PART V, LINE 4 The purpose of the University's Endowment Fund is to support the educational mission of the University by providing a reliable source of funds for current and future use. Through quarterly drawdowns, the endowment is used to fund scholarships and grants as well as maintaining University facilities and program services. PART X, LINE 2 THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. BRU LLC IS A WHOLLY OWNED SINGLE-MEMBER LLC, A DISREGARDED ENTITY FOR TAX PURPOSES. BRYANT CHINA (H.K.) LIMITED IS A FOREIGN CORPORATION FOR TAX PURPOSES. ANY TAX LIABILITY OF BRU LLC OR BRYANT CHINA (H.K.) LIMITED IS REPORTED BY THE UNIVERSITY. BRYANT CHINA (H.K.) LIMITED HAD A WHOLLY-OWNED CONSOLIDATED SINGLE-MEMBER LLC, ZHUHAI BRYANT EDUCATIONAL CONSULTING CO. LTD. WHICH WAS INCORPORATED IN ZHUHAI, CHINA AND WAS A FOREIGN CORPORATION FOR TAX PURPOSES. THIS ENTITY WAS DISSOLVED IN 2019. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN PART XI, LINE 2D SCHOLARSHIPS AND GRANTS $(66,891,829) ACCRUAL OF LIABILITY FOR ASSET REMEDIATION $ (577,258) NONOPERATING EXPENSES REPORTED UNDER EXPENSES $ (133,935) CHANGE IN SPLIT INTEREST AGREEMENT $ (18,864) CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS $ (2,880,161) BRYANT CHINA (H.K.) REVNUES $ 2,754,438 --------------- TOTAL $(67,747,609) OTHER REVENUE INCLUDED ON RETURN NOT IN FINANCIAL STATEMENTS PART XI, LINE 4B FUNDRAISING EXPENSE $ (2,357) RAFFLE EXPENSES $ (3,009) -------------- TOTAL $ (5,366) OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN PART XII, LINE 2D FUNDRAISING EXPENSE $ 2,357 RAFFLE EXPENSES $ 3,009 BRYANT CHINA (H.K.) EXPENSES $ 2,751,988 -------------- TOTAL $ 2,757,354 OTHER EXPENSES INCLUDED ON RETURN NOT IN FINANCIAL STATEMENTS PART XII, LINE 4B SCHOLARSHIPS AND GRANTS $ 66,891,829 NONOPERATING EXPENSES REPORTED UNDER EXPENSES $ 133,935 ---------------- TOTAL $ 67,025,764 true true true true true true true false false false false false false false false true false true SCHEDULE E QUESTION 3 BRYANT UNIVERSITY DOES NOT CURRENTLY PUBLICIZE ITS NONDISCRIMINATORY POLICY THROUGH NEWSPAPER AND BROADCAST MEDIA. HOWEVER, WITHIN THE "CAMPUS AND COMMUNITY" SECTION OF BRYANT UNIVERSITY'S WEBPAGE THERE IS AN ENTIRE PAGE TITLED "CULTURE OF RESPECT AND INCLUSION" THAT IS DEVOTED TO BRYANT'S COMMITMENT OF "PROVIDING AN INCLUSIVE AND WELCOMING EDUCATIONAL AND WORKING ENVIRONMENT FOR ALL MEMBERS OF ITS CAMPUS COMMUNITY." THIS PAGE IS ACCESSIBLE TO ALL WHO VISIT BRYANT'S WEBSITE INCLUDING PROSPECTIVE STUDENTS AND THEIR PARENTS. IN ADDITION, AT THE BOTTOM OF THE UNIVERSITY'S HOMEPAGE THE NONDISCRIMINATION POLICY IS CLEARLY DESCRIBED. SCHEDULE E QUESTION 6A BRYANT UNIVERSITY HAS RECEIVED STUDENT FINANCIAL ASSISTANCE FUNDS THROUGH THE FOLLOWING U.S. DEPARTMENT OF EDUCATION PROGRAMS: 1. FEDERAL PELL GRANT, 2. FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, 3. FEDERAL WORK-STUDY, 4. FEDERAL PERKINS LOAN, 5. FEDERAL DIRECT LOAN. IN ADDITION, BRYANT RECEIVED FUNDS FROM THE VETERANS ADMINISTRATION AND VARIOUS STATE GOVERNMENT AGENCIES INCLUDING: THE RHODE ISLAND HIGHER EDUCATION ASSISTANCE AUTHORITY, THE MASSACHUSETTS OFFICE OF STUDENT FINANCIAL ASSISTANCE, AND OTHERS. true Central America and the Caribbean Grantmaking 271000 East Asia and the Pacific Grantmaking 1541434 Europe (Including Iceland and Greenland) Grantmaking 933882 Middle East and North Africa Grantmaking 76000 North America Grantmaking 461524 Russia and the Newly Independent States Grantmaking 20000 South America Grantmaking 265764 South Asia Grantmaking 542630 Sub-Saharan Africa Grantmaking 195144 Europe (Including Iceland and Greenland) Fundraising 1149 Central America and the Caribbean Program Services Study Abroad 1909 East Asia and the Pacific Program Services Study Abroad 755237 Europe (Including Iceland and Greenland) Program Services Study Abroad 2195088 Middle East and North Africa Program Services Study Abroad 35 North America Program Services Study Abroad 2967 South America Program Services Study Abroad 576243 Sub-Saharan Africa Program Services Study Abroad 17480 Central America and the Caribbean Program Services Student Recruiting 6988 East Asia and the Pacific Program Services Student Recruiting 8894 Europe (Including Iceland and Greenland) Program Services Student Recruiting 19851 North America Program Services Student Recruiting 2449 South America Program Services Student Recruiting 1926 South Asia Program Services Student Recruiting 29605 Sub-Saharan Africa Program Services Student Recruiting 2487 Central America and the Caribbean Program Services Build Relationships 5280 East Asia and the Pacific Program Services Build Relationships 65661 Europe (Including Iceland and Greenland) Program Services Build Relationships 5107 North America Program Services Build Relationships 1361 East Asia and the Pacific Program Services Export Assistance 1000 Europe (Including Iceland and Greenland) Program Services Export Assistance 55657 North America Program Services Export Assistance 5618 Antarctica Program Services Int'l Learning (EE) 2219 Central America and the Caribbean Program Services Int'l Learning (EE) 5280 East Asia and the Pacific Program Services Int'l Learning (EE) 6861 Central America and the Caribbean Investments 23729008 Europe (Including Iceland and Greenland) Investments 1813689 North America Investments 1195968 Central America and the Caribbean Send agents to seminar 1506 East Asia and the Pacific Send agents to seminar 7358 Europe (Including Iceland and Greenland) Send agents to seminar 13440 North America Send agents to seminar 5243 South America Send agents to seminar 1531 Sub-Saharan Africa Send agents to seminar 2153 East Asia and the Pacific 2 Program Services DEAN/ASST DIR OF EXCHA 2 2 7857486 26996140 34853626 SCHOLARSHIPS Central America and the Caribbean 18 271000 student acct SCHOLARSHIPS East Asia and the Pacific 94 1541434 student acct SCHOLARSHIPS Europe (Including Iceland and Greenland) 29 933882 student acct SCHOLARSHIPS Middle East and North Africa 4 76000 student acct SCHOLARSHIPS North America 10 461524 student acct SCHOLARSHIPS Russia and the Newly Independent States 1 20000 student acct SCHOLARSHIPS South America 13 265764 student acct SCHOLARSHIPS South Asia 33 542630 student acct SCHOLARSHIPS Sub-Saharan Africa 8 195144 student acct true false true true true true MONITOR THE USE OF GRANTS FUNDS OUTSIDE THE U.S. PART I, LINE 2 THE UNIVERSITY ONLY DISTRIBUTES GRANTS DIRECTLY INTO STUDENT ACCOUNTS TO OFFSET THE STUDENT'S OUTSTANDING BALANCE FOR THE SEMESTER TO ENSURE THESE FUNDS HAVE BEEN UTILIZED FOR THEIR INTENDED PURPOSE. ACCOUNTING METHOD PART I, LINE 3, COLUMN (F) THE UNIVERSITY USED THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES IN EACH REGION. INVESTMENTS ARE MEASURED AT FAIR MARKET VALUE. EMPLOYEES IN THE REGION PART I, LINE 3(10) (PAGE 3) THE DEAN AND ASST. DIRECTOR OF EXCHANGE/ACADEMIC PROGRAMS ARE LOCATED IN EAST ASIA IS AN EMPLOYEE OF BRYANT UNIVERSITY. THE SALARY IS AN EXPENSE OF BRYANT CHINA (H.K.). X X X X X X X true Working Philanthropy 3425 BANNERMAN RD SUITE 105-175 TALLAHASSEE FL 32312 prospect research false 15300 Maria Lawrence 651A COOPER HILL ROAD MAPLEVILLE RI 02839 Fundraising Consulting false 29375 McClure Park LLC SoW 1281 Win Hentschel Blvd West Lafayette IN 47906 FUNDRAISING CONSULTING false 11250 JP Analytics Consulting 106 Fieldstone Circle Ithaca NY 14850 Prospect Research false 5000 60925 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Golf Tournament 40090 34050 6040 2357 0 40090 34050 6040 2357 2357 3683 34543 2500 386 123 true 0.95000 34543 2500 386 123 3009 31534 RI true false false false Brian Keane 1150 DOUGLAS PIKE SMITHFIELD RI 02917 false Brian Keane 0 Organized raffle, fund collection,& Winner Payment X false GAMING PART III, LINE 2 & 3 Men's and Women's Swimming conducted a raffle to meet their fundraising goals. First prize was $2,500 and the second prize was an Apple watch that was purchased from Apple for $243.31. Softball held a raffle to support their fundraising goals. The majority of the prizes were donated with the exception of items purchased from the bookstore in the amount of $142.95. PART III, Line 16 Seamus Purcell and Brianna Chiusano true ACADEMIC/NEED-BASED SCHOLARSHIPS 3527 49472541 ANNUAL GIFTS 81 341417 ATHLETIC AWARDS 361 7858078 DIVERSITY AWARDS 50 1157000 ENDOWED SCHOLARSHIPS 251 1463580 SPECIAL PROGRAMS 356 1587302 STATE & INSTITUTION 74 273971 SEOG PROGRAM 379 399767 FWS COMMUNITY SERVICE 22 30795 PART I, LINE 2 PROCEDURES TO MONITOR THE USE OF GRANT FUNDS IN THE U.S. All Federal Title IV funds received by Bryant University are managed in strict compliance with all requirements set forth in the Program Participation Agreement, a formal agreement between Bryant University and the U.S. Department of Education. The Program Participation Agreement is personally endorsed by both the Chief Executive Officer of Bryant University and the Secretary of the U.S. Department of Education. Compliance with all Title IV requirements is monitored by the Director of Financial Aid with the assistance of four (exempt) professional financial aid administrators and three (non-exempt) support staff members. Compliance capability is greatly enhanced through the use of the Banner integrated management information system and its effective interface with other Department of Education systems. The University provides assistance for community support to various organizations through their fundraising events. In the current year, no organization received over $5,000 from the University in this capacity. X X X X X true true X X X false true false false false false false true false Ronald K Machtley President/Trustee 714231 0 82461 31800 99401 927893 Barry F Morrison VP-BUSINESS AFFAIRS/TREASURER 376446 36789 71254 51800 38182 574471 40000 Charles F LoCurto VP-INFORMATION SERVICES/CIO 305453 37383 71244 56800 25372 496252 60000 Glenn M Sulmasy Provost 289744 34588 7242 31800 69818 433192 David C Wegrzyn VP-UNIVERSITY ADVANCEMENT 264251 36014 5515 30988 78885 415653 William Smith Director of Athletics 201148 32395 57940 24498 91920 407901 Madan G Annavarjula Dean, College of Business 258967 22000 21322 51800 28905 382994 Michael J Pressler Head Men's Lacrosse Coach 209037 0 86900 23284 59918 379139 Timothy T Paige VP Human Resources 242726 35679 3558 28491 30718 341172 Hong Yang VP INTERNATIONAL AFFAIRS 220352 37718 21227 27070 25512 331879 Daniel J Borgia Dean, Bryant Zhuhai 200823 0 58949 23167 39841 322780 Peter J Nigro Professor, Sarkisian Chair 264907 0 1871 22903 28055 317736 Roger L Anderson Executive Asst. to Pres 184598 21700 32624 51330 25209 315461 Michelle L Cloutier VP OF ENROLLMENT MANAGEMENT 191443 38180 7430 22641 31599 291293 Bradford D Martin DEAN, COLLEGE OF ARTS&SCIENCE 184641 4500 915 21056 25151 236263 Wendy Samter Assoc Dean, Coll of Arts & Sci 175317 2500 12279 18430 11635 220161 VK Unni Faculty Professor, FKE 115499 0 20000 12255 25387 173141 BENEFITS PART I, LINE 1A RONALD MACHTLEY, PRESIDENT OF THE UNIVERSITY AND MEMBER OF THE BOARD OF TRUSTEES, TRAVELLED ON ONE TRIP WITH HIS SPOUSE, KATI MACHTLEY, ON UNIVERSITY RELATED BUSINESS. THESE EXPENSES ARE NOT CONSIDERED COMPENSATION FOR PRESIDENT MACHTLEY SINCE THE TRIP WAS BUSINESS RELATED AND MRS. MACHTLEY IS ALSO AN EMPLOYEE OF THE UNIVERSITY. ACCORDING TO THE UNIVERSITY'S POLICY, TRAVEL FOR THE PRESIDENT'S COMPANION SHALL ONLY BE REIMBURSED WHEN INCURRED WHILE CONDUCTING BUSINESS FOR THE UNIVERSITY. THE UNIVERSITY PAID FOR CLUB MEMBERSHIPS AND ASSOCIATED FEES FOR PRESIDENT MACHTLEY, BARRY MORRISON (VP FOR BUSINESS AFFAIRS), DAVID WEGRZYN (VP FOR UNIVERSITY ADVANCEMENT), WILLIAM SMITH (DIRECTOR OF ATHLETICS), MICHAEL PRESSLER (HEAD MEN'S LACROSSE COACH) AND MICHELLE CLOUTIER (VP OF ENROLLMENT MANAGEMENT). THESE MEMBERSHIPS WERE OBTAINED FOR BUSINESS PURPOSES, AND ARE INCLUDED AS NON-TAXABLE BENEFITS IN PART II. PERSONAL, NON-BUSINESS RELATED USAGE EXPENSES ARE PAID FOR BY THE EMPLOYEE, NOT THE UNIVERSITY. AS A CONDITION OF THEIR EMPLOYMENT, THE UNIVERSITY PROVIDED ON-CAMPUS HOUSING FOR PRESIDENT MACHTLEY; GLENN SULMASY, PROVOST; INGE-LISE AMEER, VICE PRESIDENT FOR STUDENT AFFAIRS; AND WILLIAM SMITH, DIRECTOR OF ATHLETICS. THE UNIVERSITY PROVIDES CUSTODIAL SERVICES TO MAINTAIN THE HOUSING. THESE AMOUNTS ARE INCLUDED AS NON-TAXABLE BENEFITS IN PART II. WILLIAM SMITH, DIRECTOR OF ATHLETICS, RECEIVED A FIXED AMOUNT OF ADDITIONAL COMPENSATION PLUS TAXES MONTHLY. THIS IS TREATED AS TAXABLE COMPENSATION AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATE IN A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN FOR WHICH CONTRIBUTIONS WERE MADE IN 2019 RELATED TO EARNINGS FOR CALENDAR YEAR 2019: BARRY MORRISON (VP OF BUSINESS AFFAIRS), CHARLES LOCURTO (VP OF INFORMATION SERVICES/CIO), ROGER ANDERSON (EXECUTIVE ASSISTANT TO THE PRESIDENT), AND MADAN ANNAVARJULA (DEAN OF THE COLLEGE OF BUSINESS). IN 2019 DISTRIBUTIONS WERE MADE TO CHARLES LOCURTO FOR A PLAN FOR CALENDAR YEAR 2016, 2017, AND 2018 WHICH VESTED ON 01-01-2019, AND TO BARRY MORRISON FOR A PLAN FOR CALENDAR YEARS 2017 AND 2018 WHICH VESTED ON 01-01-2019. AT-RISK COMPENSATION PART I, LINE 7 AT-RISK COMPENSATION (ARS) AWARD IS BASED ON THE ACHIEVEMENT OF AN OBJECTIVE AND QUANTITATIVE SET OF MEASURABLE GOALS WHICH ARE MUTUALLY ESTABLISHED BETWEEN THE PRESIDENT AND ELIGIBLE PARTICIPANTS AT THE BEGINNING OF EACH FISCAL YEAR. THE PRESIDENT MAKES HIS ASSESSMENT OF EACH PARTICIPANT'S ACHIEVEMENT OF SPECIFIC GOALS, AND PRESENTS HIS "AT RISK AWARD" RECOMMENDATION TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR FINAL REVIEW AND APPROVAL. OTHER COMPENSATION DETAILS PART II, COLUMN B (III) INCLUDES PAYMENTS FOR GROUP TERM LIFE PREMIUMS AND PERSONAL USE OF AUTO. PART II, COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO SECTION 403(B) PLANS AND OTHER DEFERRED COMPENSATION PLANS. PART II, COLUMN D INCLUDES NON-TAXABLE BENEFITS INCLUDING UNDERGRADUATE TUITION REMISSION, EMPLOYER HEALTH BENEFITS, LIFE INSURANCE AND DISABILITY BENEFIT PREMIUM PAYMENTS, AS WELL AS THE VALUE OF ON-CAMPUS HOUSING PROVIDED TO CERTAIN EMPLOYEES UNDER REQUIREMENTS OF THEIR EMPLOYMENT CONTRACTS. A RI Health and Educational Bldng Corp SERIES 2008 521300173 762197CE9 2008-04-24 50420000 Refunding 12/8/05 Bonds & 6/21/07 false false false B RI Health and Educational Bldng Corp SERIES 2014 521300173 762197RA1 2014-06-04 49462785 To construct/equip various facilit false false false C RI Health and Educational Bldng Corp SERIES 2019 521300173 000000000 2019-12-06 17300000 To construct/equip various facilit false false false A 6130000 0 50420000 0 0 0 395680 24320 0 0 50000000 0 2008 true false true true B 5020000 0 49686153 0 0 0 432419 0 0 49253734 0 0 2016 false false true true C 641149 0 17329186 0 0 0 125430 0 0 12947824 0 4255932 false false false true A false true false false 0.00500 0.00200 0.00700 false false false true B false true false false 0 false false false true C false true false false 0 false false false true A false false false true true true WELLS FARGOBARCLAYS 26.5 false false false 0 false true B false false false true false false 0 false 0 false true C false false true false false false 0 false 0 false true A true B true C true PART II, COLUMN B, LINE 3 The difference of $223,368 between Part I Line B Column (e) and Part II Line 3 Column (B) is the investment earnings. PART II, COLUMN C, LINE 3 The difference of $29,186 between Part I Line C Column (e) and Part II Line 3 Column (C) is the investment earnings. PART IV, COLUMN A, LINE 2C Arbitrage calculation prepared on April 24, 2018. PART IV, COLUMN B, LINE 2C Arbitrage calculation prepared on June 4, 2019. PART IV, COLUMN C, LINE 2C Spending exception met in accordance with 26 U.S. Code 148(f)(4)(C) NA N/A 22248 TUITION TUITION REMISSION NA N/A 16686 TUITION TUITION REMISSION KATI MACHTLEY SPOUSE OF RONALD MACHTLEY 98874 SALARY & BENEFITS PAID BY UNIV false X 3 21800 APPRAISAL OF FMV X 10 1167297 AVERAGE OF HIGH/LOW X GOLF TOURNAMENTS 1 400 FMV X MISCELLANEOUS 11 29633 FMV 1 false true false NUMBER OF CONTRIBUTIONS PART I, COLUMN B THE AMOUNT REPORTED IN THIS COLUMN DENOTES THE NUMBER OF CONTRIBUTIONS RECORDED DURING THE FISCAL YEAR. PART III, LINES 4A-4B LINE 4A *UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS - INCLUDING ACADEMIC SUPPORT, STUDENT SERVICES, AND PUBLIC SERVICE* Bryant University offers undergraduate and graduate degrees, graduate certificates, and executive education programs. The FTE for the undergraduate program in Smithfield, RI was 3,268 and the graduate program was 296. Within the undergraduate program there are two schools, the College of Arts and Sciences and the College of Business. The College of Arts and Sciences offers a wide range of study in the humanities, social sciences, mathematics, and the natural sciences. The College of Business's impressive array of business specialties offers students the depth and breadth of a large, premier business school combined with the individual attention that is a Bryant hallmark. The Graduate School of Business is part of the College of Business at Bryant, which is one of only 5% of all business programs in the world accredited by AACSB International - the Association to Advance Collegiate Schools of Business. The Graduate School of Health Sciences offers a Physician Assistant Studies Program offering exceptional medical education and hands-on training. In addition, Bryant also offers educational opportunities through The Executive Development Center. The Executive Development Center offers professional certificate programs that provide high-level management skills in critical business areas for executives, high-potential, career aspiring individuals, and growth-focused corporations. LINE 4B *AUXILIARY SERVICES - DINING AND HOUSING* Approximately 73% of our Smithfield students reside on campus in our residence halls and townhouses. Living options at Bryant University are designed to foster a gradual increase of independent lifestyle and individual responsibility. First- year students have the opportunity to establish relationships with large numbers of classmates in a more traditional setting. Sophomores and Juniors experiment with small-group living while eating in common areas with all resident students. Most seniors live independently in townhouse units with full responsibility for their cooking, cleaning, etc. All living areas include telephone, cable, and computer access. All students who live on campus, except for those in the townhouses, are required to participate in a meal plan. Bryant offers a number of plans to provide students flexible options for on-campus dining at the several locations available on campus. FAMILY OR BUSINESS RELATIONSHIPS PART VI, SECTION A, QUESTION 2 THE FOLLOWING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES ALSO SERVE AS DIRECTORS OF BRYANT CHINA (HK) LIMITED: RONALD MACHTLEY AND DAVID WEINSTEIN. FORM 990 REVIEW PROCESS PART VI, SECTION B, QUESTION 11B PRIOR TO FILING THE UNIVERSITY'S FORM 990 WITH THE IRS, IT IS REVIEWED BY THE UNIVERSITY'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE IS THE GOVERNING BODY OF THE UNIVERSITY THAT HAS OVERSIGHT OF ALL FINANCIAL AND COMPLIANCE ISSUES OF THE UNIVERSITY AND REPORTS THE PROCEEDINGS OF ALL OF ITS MEETINGS TO THE FULL BOARD OF TRUSTEES. A COMPLETE COPY OF THE FORM 990 IS DISTRIBUTED TO EACH VOTING BOARD MEMBER PRIOR TO FILING. CONFLICT OF INTEREST POLICY PART VI, SECTION B, QUESTION 12C THE UNIVERISTY CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY FIRST ENSURING THE CONFLICT OF INTEREST FORMS ARE CONTINUALLY UPDATED BY THE TRUSTEES AND EMPLOYEES. THE FORMS ARE REVIEWED ANNUALLY TO IDENTIFY ANY DISCLOSURES OF CONFLICTS OF INTEREST, AND AS A RESULT, NO BOARD MEMBER CAN VOTE ON ANY ITEM THEY HAVE A CONFLICT OF INTERST WITH. THE VICE PRESDIENT OF BUSINESS AFFAIRS REVIEWS THE CONFLICT OF INTEREST FORMS, AND ANY POTENTIAL CONFLICT WOULD BE DISCUSSED WITH THE AUDIT COMMITTEE CHAIR. IN ADDITION, ANY BUSINESS CONDUCTED BY THE UNIVERSITY WITH ANY ORGANIZATION RELATED TO A BRYANT UNIVERSITY TRUSTEE OR EMPLOYEE MUST BE A HANDS-OFF TRANSACTION WITH NO INVOLVEMENT OF THE TRUSTEE OR EMPLOYEE. THIS MONITORING AND ENFORCING IS DONE PRIMARILY THROUGH THE PRESIDENT'S OFFICE. COMPENSATION POLICY PART VI, SECTION B, QUESTION 15A & 15B THE BOARD OF TRUSTEES, THROUGH ITS EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), UTILIZES AN EXECUTIVE COMPENSATION PHILOSOPHY, AMENDED AND RATIFIED BY THE BOARD OF TRUSTEES IN OCTOBER 2007, TO ESTABLISH COMPENSATION FOR ALL UNIVERSITY OFFICERS AND KEY EXECUTIVES. THE UNIVERSITY PREPARES AN ANNUAL REPORT, THE "EXECUTIVE COMPENSATION REPORT, DISCUSSION REPORT FOR THE EXECUTIVE COMPENSATION COMMITTEE". THE REPORT SUMMARIZES ANNUAL PERFORMANCE AGAINST INSTITUTIONAL BENCHMARKS, ANNUAL STRATEGIC GOALS AND DIVISIONAL OPERATIONS OBJECTIVES, AND PROVIDES MARKET COMPARABILITY DATA FOR THE DESIGNATED POSITIONS. THE PRESIDENT ALSO PROVIDES A COVER MEMO TO THE COMMITTEE THAT ANALYZES AND RECOMMENDS TARGET ACHIEVEMENTS SET BY THE PERFORMANCE BONUS PLAN, BASE SALARY AND MAXIMUM PERFORMANCE BONUS FOR EACH EXECUTIVE. BASED ON THIS INFORMATION, THE COMMITTEE MAKES A DETERMINATION RELATIVE TO COMPENSATION FOR THE PRESIDENT AND REVIEWS AND AUTHORIZES THE PRESIDENT'S COMPENSATION RECOMMENDATION FOR THE EXECUTIVE TEAM. IN ADDITION, IN 2015 THE UNIVERSITY ENGAGED AN OUTSIDE CONSULTING COMPANY TO PERFORM A HIGH LEVEL AUDIT AND PROVIDE RECOMMENDATIONS ON CHANGES TO SPECIFIC ELEMENTS IN THE EXECUTIVE COMPENSATION PROGRAM. THE CONSULTING COMPANY BELIEVES THE ELEMENTS WERE WELL DOCUMENTED AND COMPREHENSIVE. THE UNIVERSITY COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS, (2) THE COMMITTEE AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE COMMITTEE ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATION. PUBLIC DISCLOSURE PART VI, SECTION C, QUESTION 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ON FILE IN THE PRESIDENT'S OFFICE AND THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE CONTROLLER'S OFFICE. OTHER CHANGES IN NET ASSETS PART XI, LINE 9 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $ (2,880,161) CHANGE IN OTHER LIABILITIES $ (577,257) CHANGE IN SPLIT INTEREST AGREEMENT $ (18,864) ------------- TOTAL $ (3,476,282) BRU LLC 1150 DOUGLAS PIKE SMITHFIELD RI 02917 231386793 REAL ESTATE RI 616250 BRYANT UNIV CHARITABLE REMAINDER UNITRUST(1) CHARITABLE TR RI BRYANT U TRUST true BRYANT CHINA (HK) LIMITED 11/F ONE PACIFIC PL 88 QUEENSWAY HONG KONG HK PROV PROG SER HK BRYANT UNIV CORPORATION 2754438 307017 1.00000 true false false false false false false false false false false false false false false false true true true false BRYANT CHINA (HK) LIMITED P 2748898 FMV BRYANT CHINA (HK) LIMITED Q 2430878 FMV