MACALESTER COLLEGE: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- MACALESTER COLLEGE (EIN 41-0693962)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2020-03-05
- IRS object ID
- 202030659349301513
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-03-05T14:38:57-06:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693962 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MACALESTER COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MACA | BusinessNameControlTxt |
| Phone | 6516966000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 GRAND AVENUE | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID WHEATON | PersonNm |
| Person Title | VP FOR ADMIN AND FINANCE | PersonTitleTxt |
| Phone | 6516966000 | PhoneNum |
| Signature | 2020-03-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN GRIES | PreparerPersonNm |
| PTIN | P00078514 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2020-02-25 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-03-02 | IPDt |
| IP Tm | 13:04:04 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 06C6282D018575128FE0891D0F3A4E057D2D2323 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 3E2BB42D0F6BDD0D6290097EBAA362A2911B321E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN ROSENBERG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 GRAND AVENUE | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $361,794,681 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MACALESTER.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1874 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | MACALESTER IS A FOUR-YEAR HIGHLY-SELECTIVE LIBERAL ARTS COLLEGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 3003 | TotalEmployeeCnt |
| Total Volunteers | 1800 | TotalVolunteersCnt |
| Total Gross UBI | -$7,298,851 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,996,565 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,816,080 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $123,680,807 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $131,451,845 | CYProgramServiceRevenueAmt |
| PY Investment Income | $44,583,757 | PYInvestmentIncomeAmt |
| CY Investment Income | $40,144,417 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,870,079 | PYOtherRevenueAmt |
| CY Other Revenue | $1,910,068 | CYOtherRevenueAmt |
| PY Total Revenue | $189,131,208 | PYTotalRevenueAmt |
| CY Total Revenue | $190,322,410 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,874,594 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $59,175,901 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $69,328,950 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $74,182,389 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,086,399 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $48,481,669 | PYOtherExpensesAmt |
| CY Other Expenses | $50,183,771 | CYOtherExpensesAmt |
| PY Total Expenses | $174,685,213 | PYTotalExpensesAmt |
| CY Total Expenses | $183,542,061 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $14,445,995 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,780,349 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,096,074,911 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,074,114,627 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $130,415,282 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $125,234,227 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $965,659,629 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $948,880,400 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MACALESTER IS COMMITTED TO BEING A PREEMINENT LIBERAL ARTS COLLEGE WITH AN EDUCATIONAL PROGRAM KNOWN FOR ITS HIGH STANDARDS FOR SCHOLARSHIP AND ITS SPECIAL EMPHASIS ON INTERNATIONALISM, MULTICULTURALISM, AND SERVICE TO SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $118,809,434 | ExpenseAmt |
| Grant | $59,041,973 | GrantAmt |
| Revenue | $100,624,646 | RevenueAmt |
| Desc | SEE SCHEDULE O.INSTRUCTION OF STUDENTS AND ACADEMIC SUPPORT OF INSTRUCTION: MACALESTER PREPARES STUDENTS FOR WORLD CITIZENSHIP THROUGH ITS BROAD-BASED, RIGOROUS LIBERAL ARTS EDUCATION. STUDENTS FROM 50 STATES, WASHINGTON DC, PUERTO RICO, AND 96 COUNTRIES EXPERIENCE AN ACADEMIC PROGRAM THAT RANKS AMONG THE TOP 30 IN THE NATION. TO SUPPORT STUDENT TEACHING AND LEARNING, MACALESTER MAINTAINS A STUDENT FACULTY RATIO OF 10:1, WITH AN AVERAGE CLASS SIZE OF 17. STUDENTS CAN CHOOSE FROM AMONG 39 MAJORS AND 40 MINORS, COMPRISED OF MORE THAN 800 COURSES. MACALESTER IS COMMITTED TO ADMITTING AN ECONOMICALLY DIVERSE STUDENT BODY AND MEETS THE FULL FINANCIAL NEED OF EVERY ADMITTED STUDENT. APPROXIMATELY 60% OF STUDENTS STUDY ABROAD. MACALESTER'S SEVEN ACADEMIC FACILITIES AND LIBRARY BOAST STATE-OF-THE-ART TECHNOLOGY, INCLUDING SCIENCE LABORATORIES AND A LEED PLATINUM CERTIFIED BUILDING. ENROLLMENT FOR FALL 2018 WAS 2,174 AND 531 STUDENTS GRADUATED DURING THE 2018-2019 FISCAL YEAR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $24,981,454 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $21,157,831 | RevenueAmt |
| Desc | STUDENT SERVICES: THE CO-CURRICULAR STUDENT EXPERIENCE IS CRITICAL TO MACALESTER'S MISSION. TO SUPPORT A VIBRANT STUDENT EXPERIENCE, MACALESTER PROVIDES A RANGE OF STUDENT SERVICES AND SUPPORT. WITH MORE THAN 90 STUDENT-RUN CLUBS AND ORGANIZATIONS, MACALESTER STUDENTS HAVE SIGNIFICANT LEADERSHIP OPPORTUNITIES. THE CAREER DEVELOPMENT CENTER HELPS STUDENTS GAIN VALUABLE WORK EXPERIENCE AND PLAN THEIR CAREERS UPON GRADUATION. THE LEONARD CENTER ATHLETIC AND WELLNESS COMPLEX HOUSES TRAINING AND COMPETITION AREAS AND PROVIDES FITNESS AND WELLNESS PROGRAMS. MACALESTER COMPETES IN NCAA DIVISION III AND SUPPORTS 21 MEN'S AND WOMEN'S SPORTS. DURING THE 2018-2019 FISCAL YEAR, INTRAMURAL ATHLETICS HAD OVER 1,100 PARTICIPANTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,789,060 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $9,137,703 | RevenueAmt |
| Desc | RESIDENCE AND DINING HALLS: MACALESTER IS A RESIDENTIAL CAMPUS, LOCATED ON 53 ACRES IN THE CENTER OF A MAJOR U.S. METROPOLITAN AREA. FIRST YEAR AND SECOND YEAR STUDENTS ARE REQUIRED TO LIVE ON CAMPUS; OVERALL TWO THIRDS OF STUDENTS LIVE ON CAMPUS. MACALESTER HAS TEN RESIDENCE HALLS, SIX LANGUAGE HOUSES, AND SIX THEME RESIDENCES (ECOHOUSE, CULTURAL HOUSE, ALL-GENDER COMMUNITY, INTERFAITH HOUSE, VEGGIE CO-OP, AND STUDY ABROAD HOUSE). THE DINING HALL IS LOCATED IN THE CAMPUS CENTER, WHICH CREATES A VIBRANT LIVING-LEARNING COMMUNITY. LOCALLY-SOURCED ORGANIC FOODS ARE MAXIMIZED IN DINING OPERATIONS. FOOD SCRAPS ARE SENT TO A LOCAL FARM RATHER THAN TO A LANDFILL. SUSTAINABILITY IS AN IMPORTANT PRIORITY FOR THE COLLEGE; IN RESIDENCE HALLS AND DINING HALLS, STUDENTS ARE ENCOURAGED TO REDUCE ENERGY USE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,160,492 | ExpenseAmt |
| Grant | $133,928 | GrantAmt |
| Revenue | $1,829,810 | RevenueAmt |
| Desc | OTHER SERVICES - RESEARCH, PUBLIC SERVICES, POST OFFICE, ETC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,160,492 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $133,928 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $1,829,810 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $156,740,440 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3203 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3003 | 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 | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID WHEATON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6516966000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 GRAND AVENUE | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55105 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BRIAN ROSENBERG | ||||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $609,203 | $0 | $229,531 | ||
| JERRY CRAWFORD | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL DAVIS | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CARRIE NORBIN KILLORAN | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA HURLEY | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| D CHRISTIAN KOCH | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PETER AHN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN JACKSON COLMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID DENO | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD DONKOR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN EULLER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TIMOTHY HART-ANDERSEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL HUBER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA HUME | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AUKSE JURKUTE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL KLINGENSMITH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY LARSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK LEONARD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SETH LEVINE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MA MORTENSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL OLSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA ORTIZ | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SARA PETERSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES REISSNER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN DUNST SCHWARTZ | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SNEED | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL STRAND | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REBECCA VAN DYCK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JON WALTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNETTE WHALEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID WHEATON | ||||||||
| VP FOR ADMIN AND FINANCE | 40.00 | Yes (X) | $285,465 | $0 | $46,000 | |||
| GARY MARTIN | ||||||||
| CHIEF INVESTMENT OFFICER | 40.00 | $349,248 | $0 | $39,331 | Yes (X) | |||
| DAVID A BROWN | ||||||||
| VP FOR ADVANCEMENT | 40.00 | $262,176 | $0 | $44,525 | Yes (X) | |||
| KARINE MOE | ||||||||
| PROVOST/DEAN OF FACULTY | 40.00 | $243,293 | $0 | $43,681 | Yes (X) | |||
| JEFFREY ALLEN | ||||||||
| VP FOR ADMISS. & FIN. AID | 40.00 | $196,607 | $0 | $27,601 | Yes (X) | |||
| DONNA LEE | ||||||||
| VP FOR STUDENT AFFAIRS | 40.00 | $183,375 | $0 | $62,472 | Yes (X) | |||
| DERRICK GRIFFIN | ||||||||
| DIR. OF ALT. INVESTMENTS | 40.00 | $200,533 | $0 | $39,509 | Yes (X) | |||
| DIANE MICHELFELDER | ||||||||
| PROFESSOR | 40.00 | $177,173 | $0 | $27,570 | Yes (X) | |||
| DANIEL HORNBACH | ||||||||
| PROFESSOR | 40.00 | $170,175 | $0 | $31,210 | Yes (X) | |||
| THOMAS VARBERG | ||||||||
| PROFESSOR | 40.00 | $161,925 | $0 | $32,064 | Yes (X) | |||
| JAMES LAINE | ||||||||
| PROFESSOR | 40.00 | $154,875 | $0 | $36,738 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,994,048 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $660,232 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 127 | 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 |
|---|---|---|---|---|---|
| MCGOUGH CONSTRUCTION | |||||
| PO BOX 1450 | MINNEAPOLIS | MN | 55485 | CONSTRUCTION | $21,651,914 |
| BON APPETIT MANAGEMENT CO | |||||
| 91337 COLLECTIONS DRIVE | CHICAGO | IL | 60603 | FOOD SERVICE | $5,143,763 |
| WORLD LEARNING INC | |||||
| PO BOX 676 1 KIPLING ROAD | BRATTLEBORO | VT | 05301 | STUDY ABROAD PROGRAMS | $1,066,893 |
| HAMMEL GREEN AND ABRAHAMSON INC | |||||
| PO BOX 86 | MINNEAPOLIS | MN | 55486 | ARCHITECT | $800,813 |
| BROOKS OFFICE INTERIORS INC | |||||
| 2299 TERRITORIAL RD | ST PAUL | MN | 55114 | OFFICE FURNITURE | $704,962 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 43 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,647,042 | GovernmentGrantsAmt |
| All Other Contributions | $15,169,038 | AllOtherContributionsAmt |
| Noncash Contributions | $714,239 | NoncashContributionsAmt |
| Total Contributions | $16,816,080 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611710 | $114,183,994 | $114,183,994 |
| SALES & SERVICE OF AUX | 611710 | $17,267,851 | $17,267,851 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $131,451,845 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,920,842 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$7,294,559 | UnrelatedBusinessRevenueAmt |
| Exclusion | $21,215,401 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,505,655 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $893,733 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $611,922 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $611,922 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$4,292 | UnrelatedBusinessRevenueAmt |
| Exclusion | $616,214 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $196,802,113 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $170,578,538 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,223,575 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,223,575 | TotalRevenueColumnAmt |
| Exclusion | $26,223,575 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,298,146 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,298,146 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,298,146 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $190,322,410 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $132,749,991 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$7,298,851 | UnrelatedBusinessRevenueAmt |
| Exclusion | $48,055,190 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,928 | TotalAmt |
| Program Services | $133,928 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,041,973 | TotalAmt |
| Program Services | $59,041,973 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,617,882 | TotalAmt |
| Program Services | $757,029 | ProgramServicesAmt |
| Management And General | $1,378,594 | ManagementAndGeneralAmt |
| Fundraising | $482,259 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,372,147 | TotalAmt |
| Program Services | $45,549,429 | ProgramServicesAmt |
| Management And General | $6,543,648 | ManagementAndGeneralAmt |
| Fundraising | $3,279,070 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,824,672 | TotalAmt |
| Program Services | $3,149,030 | ProgramServicesAmt |
| Management And General | $489,005 | ManagementAndGeneralAmt |
| Fundraising | $186,637 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,001,784 | TotalAmt |
| Program Services | $7,321,566 | ProgramServicesAmt |
| Management And General | $1,368,014 | ManagementAndGeneralAmt |
| Fundraising | $312,204 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,365,904 | TotalAmt |
| Program Services | $2,672,681 | ProgramServicesAmt |
| Management And General | $519,121 | ManagementAndGeneralAmt |
| Fundraising | $174,102 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $372,754 | TotalAmt |
| Management And General | $372,754 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,442 | TotalAmt |
| Management And General | $91,442 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,510 | TotalAmt |
| Management And General | $104,510 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,400,000 | TotalAmt |
| Management And General | $1,400,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,593,465 | TotalAmt |
| Program Services | $7,317,379 | ProgramServicesAmt |
| Management And General | $2,890,264 | ManagementAndGeneralAmt |
| Fundraising | $385,822 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,993 | TotalAmt |
| Program Services | $34,666 | ProgramServicesAmt |
| Management And General | $11,772 | ManagementAndGeneralAmt |
| Fundraising | $21,555 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,368,800 | TotalAmt |
| Program Services | $4,419,334 | ProgramServicesAmt |
| Management And General | $1,248,785 | ManagementAndGeneralAmt |
| Fundraising | $700,681 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,316,243 | TotalAmt |
| Program Services | $310,792 | ProgramServicesAmt |
| Management And General | $1,944,775 | ManagementAndGeneralAmt |
| Fundraising | $60,676 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,515,267 | TotalAmt |
| Program Services | $3,205,863 | ProgramServicesAmt |
| Management And General | $156,561 | ManagementAndGeneralAmt |
| Fundraising | $152,843 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,733,527 | TotalAmt |
| Program Services | $2,101,711 | ProgramServicesAmt |
| Management And General | $378,050 | ManagementAndGeneralAmt |
| Fundraising | $253,766 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $382,269 | TotalAmt |
| Program Services | $262,685 | ProgramServicesAmt |
| Management And General | $102,293 | ManagementAndGeneralAmt |
| Fundraising | $17,291 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,314,830 | TotalAmt |
| Program Services | $3,301,431 | ProgramServicesAmt |
| Management And General | $13,399 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,438,182 | TotalAmt |
| Program Services | $8,636,156 | ProgramServicesAmt |
| Management And General | $802,026 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,825 | TotalAmt |
| Management And General | $48,825 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDY AWAY PROGRAMS | $3,960,967 | $3,960,967 | ||
| BOOKS, PERIODICALS, ART | $1,521,141 | $1,466,756 | $21,325 | $33,060 |
| MINOR EQUIPMENT | $690,931 | $560,480 | $111,518 | $18,933 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,262,625 | TotalAmt |
| Program Services | $2,536,584 | ProgramServicesAmt |
| Management And General | $718,541 | ManagementAndGeneralAmt |
| Fundraising | $7,500 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,542,061 | TotalAmt |
| Program Services | $156,740,440 | ProgramServicesAmt |
| Management And General | $20,715,222 | ManagementAndGeneralAmt |
| Fundraising | $6,086,399 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,056,546 | BOYAmt |
| EOY | $12,845,936 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,318,427 | BOYAmt |
| EOY | $3,498,692 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,698 | BOYAmt |
| EOY | $305,716 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $855,894 | BOYAmt |
| EOY | $864,051 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $376,588,040 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $140,252,135 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,356,043 | BOYAmt |
| EOY | $236,335,905 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,635,826 | BOYAmt |
| EOY | $433,686,390 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,582,009 | BOYAmt |
| EOY | $343,502,912 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,333,490 | BOYAmt |
| EOY | $8,305,734 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,646,978 | BOYAmt |
| EOY | $34,769,291 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,096,074,911 | BOYAmt |
| EOY | $1,074,114,627 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,125,666 | BOYAmt |
| EOY | $15,510,761 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,892,941 | BOYAmt |
| EOY | $3,892,941 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,301,191 | BOYAmt |
| EOY | $1,336,176 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,760,296 | BOYAmt |
| EOY | $90,097,651 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,335,188 | BOYAmt |
| EOY | $14,396,698 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,415,282 | BOYAmt |
| EOY | $125,234,227 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,115,148 | BOYAmt |
| EOY | $214,569,571 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $390,515,202 | BOYAmt |
| EOY | $369,461,623 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $366,029,279 | BOYAmt |
| EOY | $364,849,206 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $965,659,629 | BOYAmt |
| EOY | $948,880,400 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,096,074,911 | BOYAmt |
| EOY | $1,074,114,627 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,780,349 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$21,723,504 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | $1,132,151 | InvestmentExpenseAmt |
| Other Changes In Net Assets | -$2,968,225 | 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 | $12,680,805 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,299,433 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,956,738 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,996,565 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,816,080 | CurrentTaxYearAmt |
| Total | $73,749,621 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,680,805 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,299,433 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,956,738 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,996,565 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,816,080 | CurrentTaxYearAmt |
| Total | $73,749,621 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,989,467 | SubstantialContributorsTotAmt |
| Public Support Total170 | $68,760,154 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,579,053 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,715,693 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,039,275 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,984,699 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,426,497 | CurrentTaxYearAmt |
| Total | $78,745,217 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,082,080 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,178,436 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,095,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,252,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,298,146 | CurrentTaxYearAmt |
| Total | $5,907,039 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $158,401,877 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $631,445,705 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.43410 | PublicSupportCY170Pct |
| Public Support PY170 | 0.41490 | 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, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2014 AMOUNT: $ 1,082,080. 2015 AMOUNT: $ 1,178,436. 2016 AMOUNT: $ 1,095,655. 2017 AMOUNT: $ 1,252,722. 2018 AMOUNT: $ 1,298,146. | 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) |
|---|---|---|
| Political Expenditures | $0 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $104,510 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $104,510 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $177,351,152 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $177,455,662 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $100,103 | CurrentYearMinus3Amt |
| Current Year Minus2 | $98,449 | CurrentYearMinus2Amt |
| Current Year Minus1 | $101,820 | CurrentYearMinus1Amt |
| Current Year | $104,510 | CurrentYearAmt |
| Total | $404,882 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | MACALESTER COLLEGE IS A MEMBER OF THE 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. MACALESTER PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $129,520 DURING THE FISCAL YEAR. BASED ON FIGURES PROVIDED BY MPCC, $104,510 OF MACALESTER'S DUES WENT, IN PART, TOWARD LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $739,830,889 | BeginningYearBalanceAmt |
| Contributions | $2,641,257 | ContributionsAmt |
| Investment Earnings Or Losses | $16,742,924 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $26,947,226 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,079,530 | OtherExpendituresAmt |
| Administrative Expenses | $2,928,943 | AdministrativeExpensesAmt |
| End Year Balance | $720,259,371 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $718,862,444 | BeginningYearBalanceAmt |
| Contributions | $2,798,791 | ContributionsAmt |
| Investment Earnings Or Losses | $56,768,663 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $26,780,765 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,482,065 | OtherExpendituresAmt |
| Administrative Expenses | $3,336,179 | AdministrativeExpensesAmt |
| End Year Balance | $739,830,889 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $672,136,042 | BeginningYearBalanceAmt |
| Contributions | $3,869,438 | ContributionsAmt |
| Investment Earnings Or Losses | $79,896,254 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,622,732 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,767,053 | OtherExpendituresAmt |
| Administrative Expenses | $2,649,505 | AdministrativeExpensesAmt |
| End Year Balance | $718,862,444 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $745,390,030 | BeginningYearBalanceAmt |
| Contributions | $2,687,876 | ContributionsAmt |
| Investment Earnings Or Losses | -$40,236,546 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,471,506 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,529,124 | OtherExpendituresAmt |
| Administrative Expenses | $2,704,688 | AdministrativeExpensesAmt |
| End Year Balance | $672,136,042 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $718,442,436 | BeginningYearBalanceAmt |
| Contributions | $3,062,773 | ContributionsAmt |
| Investment Earnings Or Losses | $57,310,275 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $23,355,045 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,739,277 | OtherExpendituresAmt |
| Administrative Expenses | $2,331,132 | AdministrativeExpensesAmt |
| End Year Balance | $745,390,030 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.08420 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.42820 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.48760 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,362,100 | OtherCostOrOtherBasisAmt |
| Book Value | $4,362,100 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $15,473,295 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $340,297,804 | OtherCostOrOtherBasisAmt |
| Depreciation | $126,611,134 | DepreciationAmt |
| Book Value | $229,159,965 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,454,841 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,641,001 | DepreciationAmt |
| Book Value | $2,813,840 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $236,335,905 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LP INTEREST IN DOM EQ | $132,561,557 | F |
| LP INTEREST IN PRIVATE EQ | $86,354,925 | F |
| LP INT IN HEDGE FUNDS | $44,949,098 | F |
| LP INT IN REAL EST. | $22,087,806 | F |
| LP INT IN NAT. RES. | $45,243,375 | F |
| LIQUID ALT. INV. | $12,306,151 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $343,502,912 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP AGREEMENT | $958,088 |
| LIAB UNDER PLANNED GIVING AGMTS | $8,417,331 |
| UNAMORTIZED BOND PREMIUM | $5,021,279 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,396,698 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $164,727,967 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$21,723,504 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,074,493 | OtherRevenueAmt |
| Revenue Not Reported | -$23,797,997 | RevenueNotReportedAmt |
| Revenue Subtotal | $188,525,964 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,796,446 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $1,796,446 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $190,322,410 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $181,507,196 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $893,732 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $893,732 | ExpensesNotReportedAmt |
| Expenses Subtotal | $180,613,464 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,796,446 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,132,151 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,928,597 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $183,542,061 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | MACALESTER COLLEGE USES THE EARNINGS FROM ITS ENDOWMENT FUNDS FOR SCHOLARSHIPS, PRIZES, AWARDS, LIBRARY SUPPORT, PROGRAM SUPPORT, FACULTY SUPPORT, AND RESEARCH IN ACCORDANCE WITH DONOR RESTRICTIONS WHERE APPLICABLE. |
| PART X, LINE 2: | THE COLLEGE'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON TECHNICAL MERITS. THE COLLEGE HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSES OR BENEFIT. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS -203,111. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -2,011,815. CHANGE IN VALUE OF INTEREST RATE SWAP -753,299. RENTAL EXPENSE 893,732. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 893,732. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT OFFICE OPERATING EXPENSES 1,132,151. |
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 | MACALESTER COLLEGE PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN ITS COLLEGE CATALOG, AND ON ITS APPLICATION FOR ADMISSION. |
| SCHEDULE E, PART I, LINE 6 | MACALESTER COLLEGE RECIEVES TITLE IV FUNDING FROM THE UNITED STATES DEPARTMENT OF EDUCATION (I.E. PELL, SEOG, FEDERAL WORK STUDY, AND DIRECT LOAN PROGRAM). |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICE | STUDENT RECRUITMENT | $19,250 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | STUDENT RECRUITMENT | $46,200 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICE | STUDENT RECRUITMENT | $11,550 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $32,314 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $483,692 |
| EUROPE | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $1,764,265 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICE | ARCHAEOLOGICAL WORK | $19,168 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $273,324 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $15,125 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $502,028 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $41,327 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $458,339 |
| RUSSIA AND THE NEIGHBORING COUNTRIES | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD PROGRAMS | $44,070 |
| EUROPE | 0 | 0 | PROGRAM SERVICE | GRANT WORK | $16,000 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | GRANT WORK | $17,000 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICE | GRANT WORK | $64,000 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $8,529,246 | |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $45,857,517 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $2,649,763 | SubtotalSpentAmt |
| Continuation Spent | $55,544,652 | ContinuationSpentAmt |
| Total Spent | $58,194,415 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | EXPENDITURES ARE RECORDED AS EXPENSES IN THE COLLEGE'S GENERAL LEDGER WHEN THE EXPENSES ARE INCURRED, OTHERWISE KNOWN AS THE ACCRUAL METHOD OF ACCOUNTING. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| UNION COLLEGE | |||||||||
| 807 UNION ST | SCHENECTADY | NY | 12308 | 470405319 | 501(C)(3) | $13,215 | N/A | N/A | RESEARCH SUB-GRANT |
| MACALESTER GROVELAND COMMUNITY COUNCIL | |||||||||
| 320 GRIGGS ST | ST PAUL | MN | 55105 | 411414691 | 501(C)(3) | $29,000 | N/A | N/A | SUPPORT OF COMMUNITY ORGANIZING IN THE MACALESTER-GROVELAND NEIGHBORHOOD |
| UNION PARK DISTRICT COUNCIL | |||||||||
| 161 SNELLING AVE N | ST PAUL | MN | 55104 | 411434829 | 501(C)(3) | $10,000 | N/A | N/A | SUPPORT OF COMMUNITY ORGANIZING IN THE MACALESTER-GROVELAND NEIGHBORHOOD |
| BETHEL UNIVERSITY | |||||||||
| 3900 BETHEL DR | ST PAUL | MN | 55112 | 410708577 | 501(C)(3) | $37,657 | N/A | N/A | RESEARCH SUBGRANT |
| OBERLIN COLLEGE | |||||||||
| 148 W COLLEGE ST | OBERLIN | OH | 44074 | 340714363 | 501(C)(3) | $27,521 | N/A | N/A | RESEARCH SUBGRANT |
| WESTERN WASHINGTON UNIVERSITY | |||||||||
| 516 HIGH ST | BELLINGHAM | WA | 98225 | 916000562 | 501(C)(3) | $16,535 | N/A | N/A | RESEARCH SUBGRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND GRANTS TO STUDENTS | GrantTypeTxt |
| Recipient | 1735 | RecipientCnt |
| Cash Grant | $59,041,973 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | WHEN DETERMINING THE AMOUNT OF FINANCIAL AID A STUDENT WILL RECEIVE, THE FINANCIAL AID OFFICE FIRST CALCULATES HOW MUCH THE STUDENT'S FAMILY CAN REASONABLY AFFORD. THIS CALCULATION RELIES ON TWO PRIMARY SOURCES OF INFORMATION: 1) A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA); AND 2) A FINANCIAL AID PROFILE; BOTH OF WHICH ARE COMPLETED BY THE FAMILY. THE FINANCIAL AID OFFICE AWARDS A FINANCIAL AID PACKAGE THAT FILLS THE GAP BETWEEN THE CALCULATED AMOUNT THE STUDENT'S FAMILY CAN REASONABLY AFFORD AND THE COST OF ATTENDING MACALESTER COLLEGE. SCHEDULE I, PART I, LINE 2: THE COLLEGE AWARDS SMALL GRANTS TO NEIGHBORHOOD ORGANIZATIONS WORKING TO MAKE OUR NEIGHBORHOOD A VIBRANT PLACE TO LIVE, AND TO LOCAL NEIGHBORHOOD COUNCILS COMMITTED TO AREA LIVABILITY ISSUES. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT A REPORT DESCRIBING USE OF GRANT FUNDS AT LEAST ANNUALLY OR AT THE CLOSE OF A SPECIFIC PROJECT. THE COLLEGE ALSO MAKES SUBAWARDS FROM GRANT FUNDS TO ORGANIZATIONS THAT AID IN THE RESEARCH BEING CONDUCTED. SUBRECIPIENTS MUST SUBMIT DETAILED REPORTS OF EXPENDITURES BEFORE MACALESTER WILL REIMBURSE THEM. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| 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 |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 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 (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIAN ROSENBERG | ||||||||||||||
| PRESIDENT | $537,743 | $0 | $0 | $0 | $71,460 | $0 | $145,500 | $0 | $84,031 | $0 | $838,734 | $0 | $0 | $0 |
| DAVID WHEATON | ||||||||||||||
| VP FOR ADMIN AND FINANCE | $283,524 | $0 | $0 | $0 | $1,941 | $0 | $27,500 | $0 | $18,500 | $0 | $331,465 | $0 | $0 | $0 |
| GARY MARTIN | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $347,683 | $0 | $0 | $0 | $1,565 | $0 | $27,500 | $0 | $11,831 | $0 | $388,579 | $0 | $0 | $0 |
| DAVID A BROWN | ||||||||||||||
| VP FOR ADVANCEMENT | $252,818 | $0 | $0 | $0 | $9,358 | $0 | $26,078 | $0 | $18,447 | $0 | $306,701 | $0 | $0 | $0 |
| KARINE MOE | ||||||||||||||
| PROVOST/DEAN OF FACULTY | $242,248 | $0 | $0 | $0 | $1,045 | $0 | $25,157 | $0 | $18,524 | $0 | $286,974 | $0 | $0 | $0 |
| JEFFREY ALLEN | ||||||||||||||
| VP FOR ADMISS. & FIN. AID | $196,446 | $0 | $0 | $0 | $161 | $0 | $19,849 | $0 | $7,752 | $0 | $224,208 | $0 | $0 | $0 |
| DONNA LEE | ||||||||||||||
| VP FOR STUDENT AFFAIRS | $182,663 | $0 | $0 | $0 | $712 | $0 | $18,734 | $0 | $43,738 | $0 | $245,847 | $0 | $0 | $0 |
| DERRICK GRIFFIN | ||||||||||||||
| DIR. OF ALT. INVESTMENTS | $200,359 | $0 | $0 | $0 | $174 | $0 | $21,140 | $0 | $18,369 | $0 | $240,042 | $0 | $0 | $0 |
| DIANE MICHELFELDER | ||||||||||||||
| PROFESSOR | $175,202 | $0 | $0 | $0 | $1,971 | $0 | $17,867 | $0 | $9,703 | $0 | $204,743 | $0 | $0 | $0 |
| DANIEL HORNBACH | ||||||||||||||
| PROFESSOR | $168,265 | $0 | $0 | $0 | $1,910 | $0 | $17,510 | $0 | $13,700 | $0 | $201,385 | $0 | $0 | $0 |
| THOMAS VARBERG | ||||||||||||||
| PROFESSOR | $161,469 | $0 | $0 | $0 | $456 | $0 | $13,805 | $0 | $18,259 | $0 | $193,989 | $0 | $0 | $0 |
| JAMES LAINE | ||||||||||||||
| PROFESSOR | $153,300 | $0 | $0 | $0 | $1,575 | $0 | $15,317 | $0 | $21,421 | $0 | $191,613 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS: THE COLLEGE ONLY PAYS THE TRAVEL EXPENSES OF THE PRESIDENT'S SPOUSE IF THE PURPOSE OF HER TRIP IS RELATED TO COLLEGE BUSINESS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE'S PRESIDENT AND THE COLLEGE'S VICE PRESIDENT FOR STUDENT AFFAIRS ARE PROVIDED WITH HOUSES AS CONDITIONS OF EMPLOYMENT. THE HOUSES ARE USED FOR BOTH BUSINESS AND PERSONAL PURPOSES. HOUSEKEEPING SERVICES ARE ALSO PROVIDED. PERSONAL SERVICES: THE COLLEGE PAYS FOR THE PRESIDENT'S TAX PREPARATION AND ESTATE PLANNING. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: ELIGIBLE COLLEGE EMPLOYEES RECEIVE AN ANNUAL RETIREMENT PLAN CONTRIBUTION FROM THE COLLEGE EQUAL TO 10% OF ELIGIBLE SALARY, SUBJECT TO IRS ANNUAL LIMITATIONS. BECAUSE THE PRESIDENT'S COMPENSATION TRIGGERS THE LIMITATION EFFECT, THE COLLEGE SUPPLEMENTS THE PRESIDENT'S ANNUAL CASH COMPENSATION WITH AN AMOUNT THAT BRINGS THE RETIREMENT PLAN CONTRIBUTION TO THE LEVEL OF OTHER PARTICIPANTS IN THE PLAN. THE COLLEGE OFFSETS THE INCOME TAX BURDEN OF THIS ADDITIONAL COMPENSATION BY GROSSING UP THE WAGES FOR THE YEAR. THIS ADDITIONAL COMPENSATION IS REPORTED ON THE EMPLOYEE'S W-2. THE COLLEGE SUPPLEMENTS THE LIFE INSURANCE OFFERED THROUGH ITS BENEFIT PLANS WITH AN ADDITIONAL POLICY FOR THE PRESIDENT OF THE COLLEGE. THE PRESIDENT PAYS THE ANNUAL PREMIUM FOR THE POLICY AND IS REIMBURSED BY THE COLLEGE. UNDER IRS RULES, SUCH PAYMENT MUST BE REPORTED AS TAXABLE COMPENSATION TO THE EMPLOYEE. THE COLLEGE OFFSETS THE INCOME TAX BURDEN OF THIS COMPENSATION BY GROSSING UP THE WAGES FOR THE YEAR. THIS ADDITIONAL COMPENSATION IS REPORTED ON THE EMPLOYEE'S W-2. |
| PART I, LINE 4B | THE COLLEGE'S PRESIDENT IS THE SOLE PARTICIPANT IN TWO NONQUALIFIED RETIREMENT PLANS. THE COLLEGE PLACED $100,000 IN THE FIRST PLAN DURING THE YEAR COVERED BY THIS REPORT. CERTAIN TIME-IN-SERVICE AND PERFORMANCE REQUIREMENTS MUST BE MET FOR THE PRESIDENT TO RECEIVE THIS PLAN'S ASSETS. THE COLLEGE PLACED $18,000 IN THE SECOND PLAN DURING THE YEAR. THIS PLAN HAS NO TIME-IN-SERVICE OR PERFORMANCE REQUIREMENTS TO RECEIVE THE PLAN'S ASSETS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MN HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| A | 410988525 | 6041518J2 | 2003-02-20 | $15,300,000 | DORMITORY IMPROVEMENTS | 0 | 0 | 0 |
| MN HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| B | 410988525 | 60416HZK3 | 2012-12-12 | $15,166,520 | BLDG RENOVATION | 0 | 0 | 0 |
| MN HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| C | 410988525 | 60416HP99 | 2015-09-11 | $24,876,534 | CONST/REFINANCE BONDS | 0 | 0 | 0 |
| MN HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| D | 410988525 | 60416H5R1 | 2017-11-08 | $43,520,305 | CONST/REFINANCE BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $15,300,000 | $300,000 | $15,000,000 | 2004 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $15,166,520 | $166,520 | $15,000,000 | 2014 | 0 | 0 | Yes (1) | Yes (1) | $1,285,000 |
| C | $24,876,534 | $224,105 | $5,000,000 | Yes (1) | 0 | 0 | 0 | $2,880,000 | |
| D | $43,520,305 | $189,449 | $22,014,833 | Yes (1) | Yes (1) | 0 | 0 | $4,665,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 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 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RBC | ||||||||||||
| A | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0.080000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| D | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2007 ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2017 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 59 | ContributionCnt |
| Noncash Contributions Rpt F990 | $714,239 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET 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 | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTIONS ON SCHEDULE M, PART I, COLUMN B. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | INFORMATION FOR THE FORM 990 IS COMPILED BY COLLEGE PERSONNEL AND SUBMITTED TO THE COLLEGE AUDIT FIRM, WHO PREPARES A DRAFT OF THE FORM. THIS DRAFT IS REVIEWED BY THE COLLEGE'S VP FOR ADMINISTRATION AND FINANCE, ASSOCIATE VP FOR FINANCE, AND DIRECTOR OF ACCOUNTING. ONCE A FINAL DRAFT OF THE FORM IS READY, EACH MEMBER OF THE BOARD OF TRUSTEES IS E-MAILED A COPY FOR REVIEW (WITH SCHEDULE B INFORMATION REDACTED). ALL BOARD MEMBERS ARE INSTRUCTED TO REVIEW THE FORM AND PROVIDE FEEDBACK PRIOR TO THE FILING DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE SENT A CONFLICT OF INTEREST PACKET THAT INCLUDES A COPY OF THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE. COMPLETED QUESTIONNAIRES ARE RETURNED TO THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE, WHERE THEY ARE REVIEWED FOR INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IF A CONFLICT EXISTS AT ANY TIME DURING THE YEAR, THE AFFECTED BOARD MEMBER(S) MUST ABSTAIN FROM ANY DELIBERATIONS AND VOTING ON THE TOPIC TO WHICH THE CONFLICT APPLIES. THESE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15A | EACH YEAR, THE DIRECTOR OF EMPLOYMENT SERVICES COMPILES DATA TO SUPPORT THE WORK OF THE BOARD OF TRUSTEES' SENIOR LEADERSHIP REVIEW COMMITTEE REGARDING THE COMPENSATION OF THE PRESIDENT. THE DATA ARE COMPILED USING RELEVANT INDEPENDENT AND PEER GROUP SALARY SURVEYS AND ARE SHARED WITH ALL MEMBERS OF THE COMMITTEE. THE COMMITTEE IS ALSO MADE AWARE OF THE PLANNED INCREASES FOR ADMINISTRATIVE STAFF AS DETERMINED THROUGH THE ANNUAL BUDGET APPROVAL PROCESS. THE COMMITTEE'S FINAL RECOMMENDATION REGARDING THE PRESIDENT'S COMPENSATION IS APPROVED BY THE FULL BOARD AND COMMUNICATED IN WRITING FOR PROCESSING AND FILING. THE COMMITTEE ALSO RECEIVES INFORMATION REGARDING THE COMPENSATION OF THE COLLEGE'S SENIOR LEADERSHIP POSITIONS ALONG WITH RELEVANT PEER GROUP COMPARATIVE DATA. FINAL DECISIONS REGARDING THE SALARIES OF THOSE INDIVIDUALS ARE THE RESPONSIBILITY OF THE PRESIDENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S FINANCIAL STATEMENTS ARE ACCESSIBLE BY THE PUBLIC VIA THE COLLEGE'S WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS -203,111. CHANGE IN VALUE OF INTEREST RATE SWAP -753,299. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -2,011,815. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLL TR A-MACALESTER COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416459793 | EIN |
| Primary Activities | PERPETUAL TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12D, III-O | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MACALESTER COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (17) | ||||
| INVESTMENTS | MN | MACALESTER COLLEGE | T | Yes (1) |
| CHARITABLE REMAINDER TRUSTS (1) | ||||
| INVESTMENTS | CA | MACALESTER COLLEGE | T | Yes (1) |
| CHARITABLE REMAINDER TRUSTS (1) | ||||
| INVESTMENTS | MA | MACALESTER COLLEGE | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 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 | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLL TRUST A | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionTypeTxt |
| Involved | $1,552,095 | InvolvedAmt |
| Method Of Amount Determination | CASH TRANSFERRED | MethodOfAmountDeterminationTxt |