STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

TRUSTEES OF THE COLLEGE OF THE HOLY CROSS: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF THE COLLEGE OF THE HOLY CROSS (EIN 04-2103558)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201931349349309638
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-14T18:21:22-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103558EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRUSTEES OF THE COLLEGE OF THE HOLY CROSSBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Charlene BellowsInCareOfNm
Business Name ControlTRUSBusinessNameControlTxt
Phone5087932514PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One College StreetAddressLine1Txt
CityWorcesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP016102395ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOROTHY HAUVERPersonNm
Person TitleVP ADMIN AND FINANCEPersonTitleTxt
Phone5087933497PhoneNum
Signature2019-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB JOHNSONPreparerPersonNm
PTINP01763226PTIN
Phone6179881000PhoneNum
Preparation2019-05-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06014420191345000010FederalOriginalSubmissionId
Federal Original Submission Id2019-05-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9C37FB02EE77A6FF00EC66693955615721E3AD8AAtSubmissionCreationDeviceId
At Submission Filing Device Id9C37FB02EE77A6FF00EC66693955615721E3AD8AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1College of the Holy CrossBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerPhilip Boroughs SJPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One College StreetAddressLine1Txt
CityWorcesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP016102395ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,008,172,003GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addressholycross.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1843FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionCOLLEGE OF THE HOLY CROSS IS A PRIVATE, JESUIT, LIBERAL ARTS COLLEGE DEDICATED TO THE PURSUIT OF EXCELLENCE IN TEACHING, LEARNING, SERVICE OF FAITH AND PROMOTION OF JUSTICE.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent41VotingMembersIndependentCnt
Total Employee3299TotalEmployeeCnt
Total Volunteers3000TotalVolunteersCnt
Total Gross UBI-$157,096TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$1,752,841NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$32,343,574PYContributionsGrantsAmt
CY Contributions Grants$48,095,480CYContributionsGrantsAmt
PY Program Service Revenue$188,370,239PYProgramServiceRevenueAmt
CY Program Service Revenue$202,544,112CYProgramServiceRevenueAmt
PY Investment Income$34,983,852PYInvestmentIncomeAmt
CY Investment Income$32,715,901CYInvestmentIncomeAmt
PY Other Revenue$115,286PYOtherRevenueAmt
CY Other Revenue$159,345CYOtherRevenueAmt
PY Total Revenue$255,812,951PYTotalRevenueAmt
CY Total Revenue$283,514,838CYTotalRevenueAmt
PY Grants And Similar Paid$54,113,968PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$61,467,251CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$106,826,150PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$109,220,465CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$177,074PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$341,446CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,068,446CYTotalFundraisingExpenseAmt
PY Other Expenses$68,444,969PYOtherExpensesAmt
CY Other Expenses$73,874,342CYOtherExpensesAmt
PY Total Expenses$229,562,161PYTotalExpensesAmt
CY Total Expenses$244,903,504CYTotalExpensesAmt
PY Revenues Less Expenses$26,250,790PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$38,611,334CYRevenuesLessExpensesAmt
Total Assets BOY$1,178,933,055TotalAssetsBOYAmt
Total Assets EOY$1,233,091,689TotalAssetsEOYAmt
Total Liabilities BOY$223,449,231TotalLiabilitiesBOYAmt
Total Liabilities EOY$206,571,948TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$955,483,824NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,026,519,741NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO EDUCATE STUDENTS WHO, AS LEADERS IN BUSINESS, PROFESSIONAL, AND CIVIC LIFE, WILL LIVE BY THE HIGHEST INTELLECTUAL AND ETHICAL STANDARDS BY CREATING AN ENVIRONMENT IN WHICH INTEGRATED LEARNING IS A SHARED RESPONSIBILITY LEADING ALL MEMBERS TO MAKE THE BEST OF THEIR OWN TALENTS, TO WORK TOGETHER, TO SERVE OTHERS, AND TO SEEK JUSTICE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$213,242,759ExpenseAmt
Grant$61,437,334GrantAmt
Revenue$201,827,533RevenueAmt
DescTHE PRIMARY PROGRAM IS UNDERGRADUATE INSTRUCTION IN THE LIBERAL ARTS LEADING TO A BACHELOR OF ARTS DEGREE. THE CURRICULUM INCLUDES PROGRAMS IN THE ARTS, SCIENCES, SOCIAL SCIENCES AND HUMANITIES. SEE DETAIL ON SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$716,579ExpenseAmt
Grant$29,917GrantAmt
Revenue$716,579RevenueAmt
DescBASIC RESEARCH IN CHEMISTRY, PHYSICS, PSYCHOLOGY AND BIOLOGY. THE RESEARCH IS FUNDING BY PRIVATE GRANTS AND THE US GOVERNMENT.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$213,959,338TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4671IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3299EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryGKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members41GoverningBodyVotingMembersCnt
Independent Voting Member41IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCharlene BellowsPersonNm
Phone5087933497PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One College StreetAddressLine1Txt
CityWorcesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP016102395ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Douglas M Baker Jr
Trustee3.00.0Yes (X)$0$0$0
Michael G Barrett
Trustee3.00.0Yes (X)$0$0$0
Rev Philip L Boroughs SJ
President45.00.0Yes (X)$0$0$0Yes (X)
Helen W Boucher MD
Trustee3.00.0Yes (X)$0$0$0
Brian P Duggan
Trustee - (as of 9/2017)3.00.0Yes (X)$0$0$0
Susan F Feitelberg
Trustee3.00.0Yes (X)$0$0$0
Anne M Fink
Trustee3.00.0Yes (X)$0$0$0
Rev Kevin T FitzGerald SJ
Trustee3.00.0Yes (X)$0$0$0
Rev James G Gartland SJ
Trustee/Vice Chair3.00.0Yes (X)$0$0$0Yes (X)
Rev Michael Carl Gilson SJ
Trustee3.00.0Yes (X)$0$0$0
Stuart E Graham
Trustee3.00.0Yes (X)$0$0$0
Stanley E Grayson
Trustee3.00.0Yes (X)$0$0$0
Michael Greene
Trustee3.00.0Yes (X)$0$0$0
Robert A Harrington
Trustee - (As of 9/2017)3.00.0Yes (X)$0$0$0
Thomas P Joyce Jr
Trustee3.00.0Yes (X)$0$0$0
Brian P Kelley
Trustee3.00.0Yes (X)$0$0$0
James W Keyes
Trustee - (As of 9/2017)3.00.0Yes (X)$0$0$0
Linda M LeMura
Trustee3.00.0Yes (X)$0$0$0
Stephen A Lovelette
Trustee3.00.0Yes (X)$0$0$0
John J Mahoney Jr
Trustee/Chair3.00.0Yes (X)$0$0$0Yes (X)
Rev Mark S Massa SJ
Trustee3.00.0Yes (X)$0$0$0
Shaun P Mathews
Trustee3.00.0Yes (X)$0$0$0
Ann McElaney-Johnson PhD
Trustee3.00.0Yes (X)$0$0$0
Edwin J McLaughlin JR
Trustee3.00.0Yes (X)$0$0$0
James F Mooney III
Trustee3.00.0Yes (X)$0$0$0
Robert F Moriarty
Trustee3.00.0Yes (X)$0$0$0
Robert S Morrison
Trustee3.00.0Yes (X)$0$0$0
John P Mullman
Trustee3.00.0Yes (X)$0$0$0
Rev Peter Nguyen SJ
Trustee - (As of 9/2017)3.00.0Yes (X)$0$0$0
Andrew J O'Brien
Trustee3.00.0Yes (X)$0$0$0
Richard H Patterson
Trustee3.00.0Yes (X)$0$0$0
William J Phelan
Trustee3.00.0Yes (X)$0$0$0
Susan Power Curtin
Trustee3.00.0Yes (X)$0$0$0
Cornelius B Prior Jr
Trustee3.00.0Yes (X)$0$0$0
Maria Eugenia Ferre Rangel
Trustee3.00.0Yes (X)$0$0$0
Carolyn M Risoli
Trustee3.00.0Yes (X)$0$0$0
Sr Barbara J Rogers RSCJ
Trustee3.00.0Yes (X)$0$0$0
Francine Rosado-Cruz
Trustee3.00.0Yes (X)$0$0$0
John J Suydam
Trustee - (As of 9/2017)3.00.0Yes (X)$0$0$0
Sean Teebagy
Trustee - (As of 9/2017)3.00.0Yes (X)$0$0$0
Sarah C Valente
Trustee3.00.0Yes (X)$0$0$0
Rev Thomas Greene SJ
Trustee - (Until 9/2017)3.00.0Yes (X)$0$0$0
Kathleen McLaughlin LaCroix
Trustee - (Until 9/2017)3.00.0Yes (X)$0$0$0
John D Milner
Trustee - (Until 9/2017)3.00.0Yes (X)$0$0$0
William J Teuber Jr
Trustee - (Until 9/2017)3.00.0Yes (X)$0$0$0
Lori A Blackwell
Exec Asst to the President45.00.0$71,276$0$32,115Yes (X)
Jane E Corr
Special Asst to the President45.00.0$175,531$0$21,058Yes (X)
Elizabeth Dionne
Director and Asst Treasurer45.00.0$186,607$0$53,079Yes (X)
Dorothy A Hauver
Vice President and Treasurer45.00.0$333,649$0$49,933Yes (X)
Timothy Jarry
Chief Investment Officer45.00.0$330,443$0$58,513Yes (X)
Tracy Barlok
Vice President for Advancement45.00.0$356,820$0$57,667Yes (X)
Margaret Freije
Vice Pres. Academic Affairs45.00.0$270,948$0$107,650Yes (X)
Daniel Kim
Vice President Communications45.00.0$184,080$0$37,377Yes (X)
Jacqueline Peterson
Dean of Students45.00.0$141,582$0$24,691Yes (X)
Elizabeth Small
General Counsel45.00.0$202,208$0$58,144Yes (X)
Frank Vellaccio
Senior Vice President45.00.0$313,525$0$60,529Yes (X)
William Carmody
Head Basketball Coach45.00.0$378,281$0$64,064Yes (X)
Nathan Pine
Director of Athletics45.00.0$294,808$0$47,766Yes (X)
Helen Whall
Professor45.00.0$231,265$0$16,695Yes (X)
Thomas Martin
Professor45.00.0$220,148$0$33,463Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,691,171TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$722,744TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K176IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Diller Scofidio Renfro LLC
601 W 26th Street No 1815New YorkNY10001Architect$864,524
Skanska USA Building Inc
389 Interpace Pkwy 5th FloorParsippanyNJ07054Construction mgmt$836,779
Sasaki Associates Inc
64 Pleasant StreetWalthamMA02472Architect$688,910
Cambridge Associates
125 High StreetBostonMA02110Investment services$391,300
KPMG LLP
2 Financial CenterBostonMA02111Audit & tax services$203,865
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt
Fundraising$318,231FundraisingAmt
All Other Contributions$47,777,249AllOtherContributionsAmt
Noncash Contributions$2,641,728NoncashContributionsAmt
Total Contributions$48,095,480TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and fees611600$154,309,746$154,309,746
Room and board611710$35,254,901$35,254,901
Sales of auxilliary services722320$6,037,645$4,293,022$1,744,623
Athletics611710$2,608,805$2,608,805
Grant and student aid revenue611710$2,220,229$2,220,229

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,112,786TotalRevenueColumnAmt
Related Or Exempt Func Income$2,112,786RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$202,544,112TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,635,633TotalRevenueColumnAmt
Unrelated Business Revenue-$1,901,719UnrelatedBusinessRevenueAmt
Exclusion$5,537,352ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$205,609RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$205,609RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$205,609TotalRevenueColumnAmt
Exclusion$205,609ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$753,534,059SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$724,453,791SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$29,080,268SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,080,268TotalRevenueColumnAmt
Exclusion$29,080,268ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$157,110FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$318,231ContriRptFundraisingEventAmt
Fundraising Direct Expenses$203,374FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$46,264TotalRevenueColumnAmt
Exclusion-$46,264ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$283,514,838TotalRevenueColumnAmt
Related Or Exempt Func Income$200,799,489RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$157,096UnrelatedBusinessRevenueAmt
Exclusion$34,776,965ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$51,917TotalAmt
Program Services$51,917ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$58,472,564TotalAmt
Program Services$58,472,564ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,942,770TotalAmt
Program Services$2,942,770ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,042,930TotalAmt
Program Services$649,980ProgramServicesAmt
Management And General$1,836,920ManagementAndGeneralAmt
Fundraising$556,030FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$78,097,197TotalAmt
Program Services$67,369,768ProgramServicesAmt
Management And General$6,973,736ManagementAndGeneralAmt
Fundraising$3,753,693FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,990,253TotalAmt
Program Services$5,155,317ProgramServicesAmt
Management And General$534,830ManagementAndGeneralAmt
Fundraising$300,106FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$16,506,365TotalAmt
Program Services$13,865,868ProgramServicesAmt
Management And General$1,731,960ManagementAndGeneralAmt
Fundraising$908,537FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,583,720TotalAmt
Program Services$4,646,804ProgramServicesAmt
Management And General$642,067ManagementAndGeneralAmt
Fundraising$294,849FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$521,086TotalAmt
Management And General$519,931ManagementAndGeneralAmt
Fundraising$1,155FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$256,340TotalAmt
Management And General$256,340ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$341,446TotalAmt
Fundraising$341,446FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,796,977TotalAmt
Management And General$1,796,977ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,946,335TotalAmt
Program Services$2,552,036ProgramServicesAmt
Management And General$1,100,491ManagementAndGeneralAmt
Fundraising$293,808FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$261,810TotalAmt
Program Services$205,104ProgramServicesAmt
Management And General$51,582ManagementAndGeneralAmt
Fundraising$5,124FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,474,531TotalAmt
Program Services$5,458,244ProgramServicesAmt
Management And General$972,358ManagementAndGeneralAmt
Fundraising$1,043,929FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,602,060TotalAmt
Program Services$1,346,609ProgramServicesAmt
Management And General$1,179,312ManagementAndGeneralAmt
Fundraising$76,139FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$9,977,689TotalAmt
Program Services$9,228,244ProgramServicesAmt
Management And General$630,764ManagementAndGeneralAmt
Fundraising$118,681FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,517,783TotalAmt
Program Services$3,983,959ProgramServicesAmt
Management And General$243,740ManagementAndGeneralAmt
Fundraising$290,084FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$691,268TotalAmt
Program Services$621,519ProgramServicesAmt
Management And General$50,756ManagementAndGeneralAmt
Fundraising$18,993FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,277,291TotalAmt
Program Services$4,945,893ProgramServicesAmt
Management And General$331,398ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,488,760TotalAmt
Program Services$16,208,170ProgramServicesAmt
Management And General$1,280,590ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,265,069TotalAmt
Program Services$36,304ProgramServicesAmt
Management And General$996,983ManagementAndGeneralAmt
Fundraising$231,782FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Study abroad expenses$5,628,012$5,628,012
Food for dining operations$5,659,842$4,608,474$285,436$765,932
Library collection$1,857,586$1,857,586
Other costs$4,651,903$4,124,196$459,549$68,158

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$244,903,504TotalAmt
Program Services$213,959,338ProgramServicesAmt
Management And General$21,875,720ManagementAndGeneralAmt
Fundraising$9,068,446FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$12,565BOYAmt
EOY$17,349EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$25,185,741BOYAmt
EOY$19,374,035EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$65,312,370BOYAmt
EOY$79,044,760EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$286,016BOYAmt
EOY$353,938EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$6,982,324BOYAmt
EOY$6,909,100EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$598,243BOYAmt
EOY$493,553EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$550,052BOYAmt
EOY$838,426EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$583,235,911LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$278,545,616LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$293,812,189BOYAmt
EOY$304,690,295EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$117,137,019BOYAmt
EOY$107,706,785EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$664,672,462BOYAmt
EOY$708,762,798EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,384,074BOYAmt
EOY$4,900,650EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,178,933,055BOYAmt
EOY$1,233,091,689EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$38,030,367BOYAmt
EOY$31,277,488EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,812,744BOYAmt
EOY$4,088,406EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$154,555,605BOYAmt
EOY$145,351,574EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$623,539BOYAmt
EOY$572,507EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,500,000BOYAmt
EOY$9,500,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,926,976BOYAmt
EOY$15,781,973EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$223,449,231BOYAmt
EOY$206,571,948EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$476,926,558BOYAmt
EOY$520,246,252EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$275,756,107BOYAmt
EOY$296,491,702EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$202,801,159BOYAmt
EOY$209,781,787EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$955,483,824BOYAmt
EOY$1,026,519,741EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,178,933,055BOYAmt
EOY$1,233,091,689EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$38,611,334ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$25,220,818NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$7,203,765OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$53,747,383CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$90,605,654CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$38,853,240CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,343,574CurrentTaxYearMinus1YearAmt
Current Tax Year$48,095,480CurrentTaxYearAmt
Total$263,645,331TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$53,747,383CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$90,605,654CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$38,853,240CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,343,574CurrentTaxYearMinus1YearAmt
Current Tax Year$48,095,480CurrentTaxYearAmt
Total$263,645,331TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$92,358,349SubstantialContributorsTotAmt
Public Support Total170$171,286,982PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,619,806CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,241,717CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,844,451CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,450,455CurrentTaxYearMinus1YearAmt
Current Tax Year$5,742,961CurrentTaxYearAmt
Total$27,899,390TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$36,976CurrentTaxYearMinus3YearsAmt
Total$36,976TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$291,581,697TotalSupportAmt
Gross Receipts Rltd Activities$912,439,892GrossReceiptsRltdActivitiesAmt
Public Support CY1700.58744PublicSupportCY170Pct
Public Support PY1700.60740PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Total Direct LobbyingTotalDirectLobbyingGrp

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$2,037CurrentYearMinus3Amt
Current Year$0CurrentYearAmt
Total$2,037TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$3,056LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$185CurrentYearMinus3Amt
Current Year$0CurrentYearAmt
Total$185TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$9CurrentYearMinus3Amt
Current Year$0CurrentYearAmt
Total$9TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$14GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-AFormAndLineReferenceDesc
ExplanationThe College pays dues to some educational associations. A portion of these dues may or may not be attributable to lobbying on behalf of the association members. The College is unable to determine what portion of the dues, if any, is related to lobbying. For these organizations the College paid annual dues of $27,703 to the Association of Jesuit Colleges and Universities, $20,928 to the Association of Independent Colleges and Universities and $5,175 to the National Association of College and University Business Officers.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Historic StructureYes (X)HistoricStructureInd
Total Easements1TotalEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringfalseWrittenPolicyMonitoringInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$1,305,460AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$748,948,135BeginningYearBalanceAmt
Contributions$9,704,051ContributionsAmt
Investment Earnings Or Losses$56,941,859InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,613,563GrantsOrScholarshipsAmt
Other Expenditures$20,612,674OtherExpendituresAmt
Administrative Expenses$3,160,308AdministrativeExpensesAmt
End Year Balance$783,207,500EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$680,992,673BeginningYearBalanceAmt
Contributions$12,249,936ContributionsAmt
Investment Earnings Or Losses$83,301,496InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,133,514GrantsOrScholarshipsAmt
Other Expenditures$16,418,774OtherExpendituresAmt
Administrative Expenses$3,043,682AdministrativeExpensesAmt
End Year Balance$748,948,135EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$721,309,725BeginningYearBalanceAmt
Contributions$10,357,509ContributionsAmt
Investment Earnings Or Losses-$20,182,207InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,556,453GrantsOrScholarshipsAmt
Other Expenditures$18,979,029OtherExpendituresAmt
Administrative Expenses$3,956,872AdministrativeExpensesAmt
End Year Balance$680,992,673EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$726,052,159BeginningYearBalanceAmt
Contributions$7,853,248ContributionsAmt
Investment Earnings Or Losses$16,284,080InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,834,421GrantsOrScholarshipsAmt
Other Expenditures$18,597,329OtherExpendituresAmt
Administrative Expenses$3,448,012AdministrativeExpensesAmt
End Year Balance$721,309,725EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$634,912,204BeginningYearBalanceAmt
Contributions$18,820,480ContributionsAmt
Investment Earnings Or Losses$99,769,028InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,107,435GrantsOrScholarshipsAmt
Other Expenditures$17,903,295OtherExpendituresAmt
Administrative Expenses$3,438,823AdministrativeExpensesAmt
End Year Balance$726,052,159EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.46500BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.26000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27500TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,747,301OtherCostOrOtherBasisAmt
Book Value$5,747,301BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$463,454,740OtherCostOrOtherBasisAmt
Depreciation$195,622,478DepreciationAmt
Book Value$267,832,262BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$67,926,243OtherCostOrOtherBasisAmt
Depreciation$55,171,234DepreciationAmt
Book Value$12,755,009BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$46,107,627OtherCostOrOtherBasisAmt
Depreciation$27,751,904DepreciationAmt
Book Value$18,355,723BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$304,690,295TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
GLOBAL EQUITY$395,093,764F
REAL ASSETS$60,277,866F
HEDGE FUND ABSOLUTE RETURN$156,421,950F
PRIVATE EQUITY$93,595,588F
OTHER INVESTMENTS$3,373,630F
FieldValueIRS element (for citing)
Total Book Value Securities$708,762,798TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
INTEREST RATE SWAP$6,330,534
US GOVT REFUNDABLE ADVANCES$4,891,751
ANNUITY OBLIGATIONS$3,980,023
ACCRUED PENSION OBLIGATION$579,665
FieldValueIRS element (for citing)
Total Liability$15,781,973TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$253,959,908TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$25,220,818NetUnrealizedGainsInvstAmt
Other Revenue-$51,404,283OtherRevenueAmt
Revenue Not Reported-$26,183,465RevenueNotReportedAmt
Revenue Subtotal$280,143,373RevenueSubtotalAmt
Investment Expenses Not Incld$3,574,839InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$203,374OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$3,371,465RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$283,514,838TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$182,923,991TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$3,046,415OtherExpensesIncludedAmt
Expenses Not Reported$3,046,415ExpensesNotReportedAmt
Expenses Subtotal$179,877,576ExpensesSubtotalAmt
Investment Expenses Not Incld2$3,574,839InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$61,451,089OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$65,025,928ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$244,903,504TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II LINE 9THE COLLEGE HAS NOT RECEIVED ANY GIFT OF PROPERTY SUBJECT TO A CONSERVATION EASEMENT AND THEREFORE DOES NOT REPORT A CONSERVATION EASEMENT IN ITS REVENUE AND EXPENSE STATEMENT OR BALANCE SHEET. TWO OF THE COLLEGE'S BUILDINGS THAT ARE USED FOR ACADEMIC AND ADMINISTRATIVE PURPOSES WERE BUILT IN THE LATE 1800'S AND ARE INCLUDED ON THE HISTORIC REGISTER.
PART III LINE 4THROUGH BOTH CONTEMPORARY AND HISTORICAL EXHIBITIONS, THE IRIS AND B. GERALD CANTOR ART GALLERY (THE GALLERY) AT HOLY CROSS EDUCATES THE COLLEGE AND WORCESTER COMMUNITIES ABOUT THE FUNDAMENTAL INTELLECTUAL, CULTURAL, SPIRITUAL AND AESTHETIC ISSUES ENCOUNTERED THROUGH VISUAL ART. OPEN FREE TO THE PUBLIC, THE GALLERY SEEKS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE THROUGH THE PRESENTATION AND DISCUSSION OF A DIVERSITY OF VISUAL ARTS. THE GALLERY HAS SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ART VALUES OF THE COLLEGE AND THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM AND COMMUNITY.
PART IV LINE 2BAGENCY FUNDS ARE HELD BY THE COLLEGE AS CUSTODIAN OR FISCAL AGENT. FUNDS MAY BE HELD FOR RECOGNIZED FACULTY, STAFF, STUDENT OR ALUMNI ORGANIZATIONS THAT ARE COLLECTED FROM ACTIVITY FEES, DUES OR FUNDRAISING. THE FUNDS ARE DEPOSITED WITH THE COLLEGE FOR SAFEKEEPING TO BE USED OR WITHDRAWN BY THE DEPOSITOR UPON PROPER AUTHORIZATION AND DOCUMENTATION. EXPENDITURES FROM THE FUND ARE USED PRIMARILY TO FUND STUDENT ACTIVITIES, TRIPS AND PROJECTS OF INTEREST TO THE STUDENTS OR TO SUPPORT COLLEGE PROGRAMS. EACH AGENCY FUND IS PROVIDED A UNIQUE COST CENTER ESTABLISHED IN THE COLLEGE FINANCIAL RECORDS. THESE COST CENTERS PROVIDE A SAFE, SECURE AND CONVENIENT METHOD OF ACCOUNTING FOR AND ADMINISTERING THESE FUNDS. ALL CUSTODIAL FUNDS FOLLOW THE EXPENDITURE PROCEDURES OUTLINED BY THE COLLEGE.
PART V LINE 4The College's endowment consists of approximately 840 individual funds established for a variety of purposes including donor restricted endowment funds and funds designated by the Board of Trustees to function as endowment. The College's endowment fund supports the following areas: financial aid for students, teaching, academic support, student services and athletic programs.
PART X LINE 2THE COLLEGE IS A TAX EXEMPT ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND APPLICABLE STATE LAWS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
PART XI LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990 PART VIII LINE 12: CHANGE IN INTEREST RATE SWAP AGREEMENT $ 2,122,570 POST RETIREMENT BENEFIT CHANGES $ 3,423,033 GAIN ON DEBT DEFEASANCE $ 1,658,162 INTRA-DEPARTMENTAL REVENUES $ 2,907,829 FINANCIAL AID RECLASS $ (61,415,334) BAD DEBT EXPENSE $ (433,278) AMORTIZATION OF ANNUITY OBLIGATIONS $ 368,490 NET MISCELLANEOUS $ (35,755) ------------- TOTAL LINE 2D $51,404,283
PART XI LINE 4BOTHER AMOUNTS INCLUDED ON FORM 990 PART VIII LINE 12 BUT NOT ON LINE 1: FUNDRAISING EXPENSE $ (203,374)
PART XII, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990 PART IX LINE 25: INTRA-DEPARTMENTAL EXPENSES $ 2,907,829 FUNDRAISING EXPENSE $ 203,374 BAD DEBT EXPENSE $ (433,278) AMORTIZATION OF ANNUITY OBLIGATIONS $ 368,490 -------------- TOTAL LINE 2D $3,046,415
PART XII, LINE 4DOTHER AMOUNTS INCLUDED ON FORM 990 PART IX LINE 25 BUT NOT ON LINE 1: FINANCIAL AID RECLASS $61,415,334 NET MISCELLANEOUS $ 35,755 -------------- TOTAL LINE 4B $61,451,089

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I LINE 3FormAndLineReferenceDesc
ExplanationA SUMMARY OF THE NON-DISCRIMINATION POLICY IS INCLUDED IN PRINT AND ELECTRONIC MEDIA DESCRIBING COLLEGE ADMISSION REQUIREMENTS. PART II LINE 6A THE COLLEGE PARTICIPATES IN THE TITLE IV PROGRAM FOR CAMPUS WORK STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND THE PERKINS LOAN FUND, DIRECT LENDING AND PELL GRANT PROGRAMS. THE COLLEGE IS ALSO PARTICIPATING IN GRANTS WITH THE NATIONAL SCIENCE FOUNDATION TO PROVIDE STEM GRANTS TO STUDENTS STUDYING MATH OR SCIENCES AS A MAJOR.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)31Program servicesattend college abroad$4,092,373
East Asia and the PacificProgram servicesattend college abroad$531,244
South America3Program servicesattend college abroad$340,818
Central America and the CaribbeanProgram servicesattend college abroad$202,684
Russia and the Newly Independent StatesProgram servicesattend college abroad$49,680
South Asia2Program servicesattend college abroad$32,973
Middle East and North AfricaProgram servicesattend college abroad$21,236
Central America and the CaribbeanInvestments$161,081,327
Europe (Including Iceland and Greenland)Investments$371,317
Europe (Including Iceland and Greenland)Program ServicesSCHOLARSHIPS$2,188,668
East Asia and the PacificProgram ServicesSCHOLARSHIPS$279,440
South AmericaProgram ServicesSCHOLARSHIPS$301,762
Central America and the CaribbeanProgram ServicesSCHOLARSHIPS$21,625
Russia and the Newly Independent StatesProgram ServicesSCHOLARSHIPS$56,330
South AsiaProgram ServicesSCHOLARSHIPS$24,140
Sub-Saharan AfricaProgram ServicesSCHOLARSHIPS$42,815
Middle East and North AfricaProgram ServicesSCHOLARSHIPS$27,990
FieldValueIRS element (for citing)
Subtotal Employees36SubtotalEmployeesCnt
Total Employee36TotalEmployeeCnt
Subtotal Spent$169,666,422SubtotalSpentAmt
Total Spent$169,666,422TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
ScholarshipEurope (Including Iceland and Greenland)113$2,188,668ACCOUNT CRFMV
ScholarshipEast Asia and the Pacific15$279,440ACCOUNT CRFMV
ScholarshipSouth America14$301,762ACCOUNT CRFMV
ScholarshipSouth Asia6$24,140ACCOUNT CRFMV
ScholarshipRussia and the Newly Independent States4$56,330ACCOUNT CRFMV
ScholarshipCentral America and the Caribbean1$21,625ACCOUNT CRFMV
ScholarshipSub-Saharan Africa2$42,815ACCOUNT CRFMV
ScholarshipMiddle East and North Africa1$27,990ACCOUNT CRFMV
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I LINE 2THE COLLEGE MANAGES ALL RELATIONSHIPS WITH INTERNATIONAL HOST INSTITUTIONS DIRECTLY AND CONDUCTS PERIODIC EVALUATIONS OF THE PROGRAMS. STUDENTS ARE BILLED TUITION BY THE COLLEGE. THE COLLEGE MANAGES ALL ASPECTS OF THE PROGRAM AND ITS COSTS PROVIDING FOR ADVISORS, LINGUISTIC SUPPORT AND TUTORIAL ASSISTANCE. PROGRAM COSTS, OTHER THAN SCHOLARSHIPS, ARE TRACKED BY PROGRAM LOCATION. SCHOLARSHIPS ARE PROVIDED TO STUDENTS ATTENDING PROGRAMS ABROAD USING THE SAME METHODOLOGY APPLIED TO STUDENTS WHO ATTEND CLASSES IN THE UNITED STATES AS DESCRIBED ON FORM 990, SCHEDULE I, PART IV.
PART III LINE 1THIS AID IS PROVIDED TO RESIDENT AND NON-RESIDENT STUDENTS ATTENDING A STUDY ABROAD PROGRAM.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmtGross ReceiptsGrossReceiptsAmt
Reeher LLC
370 Wabasha St N Suite 1200Saint PaulMN55102Fundraising softwarefalse$75,513-$75,513
Carter Halliday Associates
107 South Street 5DBostonMA02111Profession al servicesfalse$28,323-$28,323
Michael Grinley
PO Box 611GoshenMA01032Profession al servicesfalse$15,375-$15,375
Ronald Joyce
39 Oakwood DriveYarmouthME04096Consultantfalse$21,745-$21,745
Give Campus Inc
903 G StreetWashingtonDC20003Profession al servicesYes (true)$200,490$2,322,644$2,523,134
FieldValueIRS element (for citing)
Total Gross Receipts$2,523,134TotalGrossReceiptsAmt
Total Retained By Contractors$341,446TotalRetainedByContractorsAmt
Total Net To Organization$2,181,688TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesNHLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1NY CouncilEvent1Nm
Gross Receipts Event1$347,962GrossReceiptsEvent1Amt
Charitable Contri Event1$247,642CharitableContriEvent1Amt
Gross Revenue Event1$100,320GrossRevenueEvent1Amt
Rent Facility Costs Event1$122,814RentFacilityCostsEvent1Amt
Event2FootballEvent2Nm
Gross Receipts Event2$69,730GrossReceiptsEvent2Amt
Charitable Contri Event2$46,200CharitableContriEvent2Amt
Gross Revenue Event2$23,530GrossRevenueEvent2Amt
Rent Facility Costs Event2$32,452RentFacilityCostsEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$57,649GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$24,389CharitableContriOtherEventsAmt
Gross Revenue Other Events$33,260GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$48,108RentFcltyCostsOtherEventsAmt
Gross Receipts Total$475,341GrossReceiptsTotalAmt
Charitable Contributions Tot$318,231CharitableContributionsTotAmt
Gross Revenue Total Events$157,110GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$203,374RentFcltyCostsTotalEventsAmt
Direct Expense Summary Events$203,374DirectExpenseSummaryEventsAmt
Net Income Summary-$46,264NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I LINE 2FormAndLineReferenceDesc
ExplanationFUNDRAISING PAYEES ARE PAID FOR CONSULTING SERVICES NOT DIRECTLY RELATED TO FUNDRAISING REVENUES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Worcester State University
486 Chandler StreetWorcesterMA01602042760551501(c)3$5,622Research Research
Rensselaer Polytechnic University
110 Eight StreetTroyNY12180141340095501(c)3$8,657Research Research
Town of West Boylston
140 Worcester StreetWest BoylstonMA01583046001348115$12,000Library support
Worcester Regional Tourism and Visitors Corp
446 Main Street Suite 200WorcesterMA01608041988780115$10,000Ice rink sponsorship Ice rink sponsorship
Health Research Inc
150 Broadway No 560MenandsNY12204141402155501(c)3$15,638Research Research
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipGrantTypeTxt
Recipient1657RecipientCnt
Non Cash Assistance$58,472,564NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceCR. TO STUDENT ACCTNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I LINE 1GRANTS PAID BY THE COLLEGE INCLUDE SUBAWARDS OF FEDERAL RESEARCH FUNDS AND SUPPORT OF CERTAIN CHARITABLE ORGANIZATIONS WITHIN THE WORCESTER AREA. THESE GRANTS ARE CLOSELY TIED TO PROMOTING THE COLLEGE'S CHARITABLE AND EDUCATIONAL MISSION AND CONTRIBUTE TO THE ENRICHMENT OF THE GREATER WORCESTER AREA.
PART I LINE 2THE COLLEGE SUPPORTS A NEED BASED FINANCIAL AID POLICY THAT IS REPRESENTATIVE OF ITS ACADEMIC AND SPIRITUAL GOALS AS AN UNDERGRADUATE, JESUIT, LIBERAL ARTS COLLEGE. THE COLLEGE ACCEPTS STUDENTS REGARDLESS OF THEIR ABILITY TO PAY (NEEDS-BLIND ADMISSION) AND MEETS THEIR FULL DEMONSTRATED NEED, AS CALCULATED ACCORDING TO NATIONALLY RECOGNIZED FINANCIAL AID CRITERIA. ALL STUDENTS ARE ENCOURAGED TO APPLY REGARDLESS OF THEIR SOCIO-ECONOMIC BACKGROUND. OVER 50% OF ALL STUDENTS ADMITTED RECEIVE SOME FORM OF FINANCIAL ASSISTANCE. STUDENTS ARE REQUIRED TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS TO RECEIVE AID.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Jane E Corr
Special Asst to the President$174,499$0$0$0$1,032$0$18,357$0$2,701$0$196,589$0$0$0
Elizabeth Dionne
Director and Asst Treasurer$186,391$0$0$0$216$0$21,138$0$31,941$0$239,686$0$0$0
Dorothy A Hauver
Vice President and Treasurer$333,289$0$0$0$360$0$29,856$0$20,077$0$383,582$0$0$0
Timothy Jarry
Chief Investment Officer$330,227$0$0$0$216$0$29,856$0$28,657$0$388,956$0$0$0
Tracy Barlok
Vice President for Advancement$356,268$0$0$0$552$0$29,856$0$27,811$0$414,487$0$0$0
Margaret Freije
Vice Pres. Academic Affairs$269,916$0$0$0$1,032$0$29,856$0$77,794$0$378,598$0$0$0
Daniel Kim
Vice President Communications$183,392$0$0$0$688$0$16,356$0$21,021$0$221,457$0$0$0
Jacqueline Peterson
Dean of Students$140,658$0$0$0$924$0$12,250$0$12,441$0$166,273$0$0$0
Elizabeth Small
General Counsel$201,656$0$0$0$552$0$23,166$0$34,978$0$260,352$0$0$0
Frank Vellaccio
Senior Vice President$310,477$0$0$0$3,048$0$29,856$0$30,673$0$374,054$0$0$0
William Carmody
Head Basketball Coach$375,233$0$0$0$3,048$0$29,856$0$34,208$0$442,345$0$0$0
Nathan Pine
Director of Athletics$269,568$0$25,000$0$240$0$29,856$0$17,910$0$342,574$0$0$0
Helen Whall
Professor$90,708$0$0$0$140,557$0$9,309$0$7,386$0$247,960$0$0$0
Thomas Martin
Professor$215,497$0$0$0$4,651$0$23,472$0$9,991$0$253,611$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I LINE 4BFormAndLineReferenceDesc
ExplanationThe College has established a voluntary early retirement program for tenured faculty members who have completed fifteen years of service and attained the age of sixty-two. Eligible faculty members are entitled to a percentage payout that decreases with age. In addition, eligible faculty members are able to remain enrolled in the College's available medical health plans. Helen Whall retired in August 2017 and received $139,632, in other reportable compensation as part of the College's early retirement program. There are no other amounts to be paid.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Massachusetts Development Finance Agency 2008A
A04343181457583RUZ62008-05-08$45,340,000Refunding 2006 issuefalsefalsefalse
Massachusetts Development Finance Agency 2008B
B04343181457583RVU62008-05-08$71,076,481Refunding 2007 issueYes (true)falsefalse
Massachusetts Development Finance Agency 2016A
C04343181457584XLE92016-04-06$42,545,003Refunding 2008 issue & constructiofalsefalsefalse
Massachusetts Development Finance Agency 2017
D04343181457584XR602017-06-06$14,441,700Refunding of 2007 issuefalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$9,675,605$0$45,340,000$0$0$0$181,594$158,406$0$0$45,000,000$0Yes (true)falseYes (true)Yes (true)
B$56,486,481$10,970,000$71,076,481$0$0$0$503,481$0$0$0$70,573,000$0Yes (true)falseYes (true)Yes (true)
C$1,707,968$0$42,545,003$0$0$0$476,785$0$30,004,560$0$12,063,658$0falseYes (true)Yes (true)Yes (true)
D$691,550$0$14,441,700$0$0$0$208,409$0$0$0$14,233,291$0falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)Yes (true)falseYes (true)Yes (true)00.009100.00910falsefalsefalseYes (true)
BfalseYes (true)Yes (true)falseYes (true)Yes (true)00.028100.02810falsefalsefalseYes (true)
CfalseYes (true)Yes (true)falsefalse0falsefalsefalseYes (true)
DfalseYes (true)Yes (true)falsefalse0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
BANK OF AMERICA LLC
AfalsefalseYes (true)falseYes (true)Yes (true)28.3falsefalsefalse0falseYes (true)
0
BfalsefalseYes (true)falsefalsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
DfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II LINE 11THE OTHER SPENT PROCEEDS FROM THE MDFA 2008A WAS USED TO REFUND THE 2006 BOND ISSUE. THE OTHER SPENT PROCEEDS FROM THE MDFA 2008B WAS USED TO REFUND THE 2007A BOND ISSUE. THE OTHER SPENT PROCEEDS FROM THE MDFA 2016A WAS USED TO REFUND THE 2008B BOND ISSUE. THE OTHER SPENT PROCEEDS FROM THE MDFA 2017A WAS USED TO REFUND THE 2007B BOND ISSUE. THE OTHER SPENT PROCEEDS FROM THE MDFA 2018A WAS USED TO REFUND THE 2008B BOND ISSUE.
PART III LINE 2THE COLLEGE HAS A LEASE AGREEMENT WITH A BARBER WHO PROVIDES STYLING SERVICES TO THE STUDENTS AND SOME STAFF.
PART III 3A AND BTHE COLLEGE HAS SERVICE CONTRACTS WITH AN ELEVATOR REPAIR COMPANY AS WELL AS CLEANING SERVICES FOR SOME PROPERTY. THE COLLEGE IS CONFIDENT THAT THESE CONTRACTS WILL NOT RESULT IN PRIVATE BUSINESS USE.
PART IV LINE 2BFor Bond Issues A (2008A) and B (2008B), no rebate is due as the remaining funds are a "bona fide debt service fund" meeting the requirements to be exempt from the rebate requirement.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1Massachusetts Development Finance Agency 2018BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIP57584YFT1CUSIPNum
Bond Issued2018-06-07BondIssuedDt
Issue Price$24,144,512IssuePriceAmt
PurposeRefuning of 2008B issuePurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$508,960RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$24,144,512TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$311,467IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$0CapitalExpendituresAmt
Other Spent Proceeds$23,833,045OtherSpentProceedsAmt
Unspent$0UnspentAmt
Current RefundingfalseCurrentRefundingInd
Advance RefundingYes (true)AdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsYes (true)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (true)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsfalseEngageBondCounselContractsInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Use By Others0PrivateBusUseByOthersPct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetYes (true)RebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonRebecca BlackwellPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionLori Blackwell, OfficerRelationshipDescriptionTxt
Transaction$29,021TransactionAmt
Transactioncompensation to family memberTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV LINE 1FormAndLineReferenceDesc
ExplanationRebecca Blackwell, an employee of the College is related to an officer and received compensation for her services totaling $29,021 during fiscal year 2018.ExplanationTxt

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution134ContributionCnt
Noncash Contributions Rpt F990$2,641,728NoncashContributionsRptF990Amt
Method Of Determining RevenuesAvg price quoteMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I LINE 9COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE TO THE COLLEGE.
PART I LINE 32ATHE COLLEGE USES A REGISTERED BROKER TO SELL SECURITIES THAT ARE GIFTED TO THE COLLEGE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4AThe primary program is undergraduate instruction in the liberal arts leading to a Bachelor of Arts degree. The curriculum includes programs in the arts, sciences, social sciences and humanities. The program emphasize academic breadth and depth supported by essential foundational skills, such as critical thinking, clear communication, and careful analysis and synthesis of information, that are relevant in every line of work and study. Of the 6,622 students who applied for the first-year class that enrolled in Fall 2017 (Fiscal 2018), forty percent (or 2,622) were admitted and 819 opted to enroll. The entering class was nearly balanced between men and women as 48 percent was male and 52 percent was female. The first-year entering class represented students from 33 states, the District of Columbia, and 10 foreign countries. Full-time enrollment totaled 3,020 in Fall 2017, with 739 of those students graduating during the fiscal year nearly all in May 2018. Approximately 23 percent of the Colleges full-time enrollment consisted of Asian, African-American, Hawaiian, Hispanic, or Native-American students and an additional 3 percent consisted of international students.
FORM 990, PART VI, SECTION A, LINE 1AThe College's Executive Committee is subordinate to the Board of Trustees. However, between meetings of the Board of Trustees, the Executive Committee has all the powers and duties of the Board of Trustees except to approve or authorize changes in the articles of incorporation or bylaws; to remove or elect officers of the corporation or the President of the College; to effect any major change in the nature of the operations of the College; to authorize any mortgage or encumbrance on all or any substantial part of the property of the corporation; or to confer honors or degrees. Executive Committee members are members of the Board of Trustees. The Committee for the year ended June 2018 included; Philip L. Boroughs S.J., Anne M. Fink, James G. Gartland, S.J., John J. Mahoney, Jr. and Richard H. Patterson.
FORM 990, PART VI, SECTION A, LINE 2Trustees are sometimes invested in funds that may be managed by other trustees. Such relationships were entered into during the normal course of the investment funds operations.
FORM 990, PART VI, SECTION B, LINE 11BThe draft Form 990 is provided to the Audit Committee of the Board of Trustees sufficiently in advance of the filing deadline to enable a detailed and conscientious review by all members of the committee with management and the College's tax advisor. All questions and concerns of the Audit Committee members are addressed and incorporated into the Form 990 as appropriate. After the Audit Committee review, all members of the Board of Trustees are provided with the completed Form 990 in advance of the filing deadline via a dedicated College website. All questions and concerns of the members of the Board of Trustees are addressed by the College Treasurer and incorporated into the Form 990 as appropriate. After all input from the Board of Trustees and the Audit Committee has been appropriately addressed, the Treasurer of the College authorizes the Colleges tax advisor to file the Form 990.
FORM 990, PART VI, SECTION B, LINE 12CAll officers, trustees and key employees assume responsibility for considering possible conflicts of interest that arise during service with the College. To help officers, trustees, and key employees identify possible conflicts of interest, the College has developed a disclosure form that must be completed and updated at least annually during the course of their service. Officers, trustees, and key employees must also disclose any conflict of interest as soon as they become aware of any conflict. The College's General Counsel will review the disclosures and report conflicts of interest to the Chairman of the Board of Trustees and the Audit Committee. The Audit Committee considers the best interests of the College and the nature of the conflict. The Audit Committee evaluates the circumstances of the issue or transaction to ensure that it is reasonable and that they have considered any potential implications of entering into a transaction or deciding an issue where a conflict exists. The Audit Committee may consider whether advice from legal counsel or other independent advisors is necessary in particular instances. The Audit Committee will deliberate the reported conflict and vote to make one of two determinations: that no material conflict of interest exists and no action is necessary or that a material conflict of interest does exist and determine how to address the identified conflict. These findings will be communicated to the Chairman of the Board of Trustees and the board meeting minutes shall reflect the nature of the conflict and the Audit Committee's determination with respect to the specific procedures the member will follow regarding the issue or transaction.
FORM 990, PART VI, SECTION B, LINE 15A AND BThe bylaws (Article 2, Section 6) of the College establish that the Board of Trustees has the authority to hire, employ, and set the remuneration of the President and officers of the corporation. The Executive Committee, an independent authorized body of the Board of Trustees, has been assigned the responsibility for evaluating compensation reasonableness for all officers and highly paid employees. The Executive Committee is composed of five to six members and includes the President who is ex-officio chair and a member of the committee. The Executive Committee reviews the entire compensation package including benefits by assessing the nature and scope of each position, assessing the individuals holding each position including their unique background, experience, personal skills, performance and by obtaining appropriate and comparable compensation market data from similarly situated organizations, both for-profit and tax exempt for functionally comparable positions including comparative data from other colleges and universities, market surveys and independent compensation surveys by nationally recognized independent firms. In addition, the Executive Committee retains an independent compensation consultant annually, to review executive compensation. The Executive Committee deliberates the information provided and relative contribution of each individual before voting on a compensation package. Compensation for the President, a member of the Society of Jesus, is paid directly to his order. Records of the Executive Committee are adequately documented.
FORM 990, PART VI, SECTION C, LINE 19The College's governing documents, articles of incorporation and bylaws are available upon request. The conflict of interest policy is also available upon request. The Colleges financial statements are posted on the College website under the Office of the Controller.
FORM 990, PART X, LINE 11On the Form 990, the College includes in the category of publicly traded securities certain investments valued using net asset value as the practical expedient when the underlying investments are publicly traded. These assets may be held in private equity funds or other similar vehicles.
FORM 990, PART XI, LINE 9POST RETIREMENT BENEFIT CHANGES $ 3,423,033 CHANGE IN INTEREST RATE SWAP AGREEMENT $ 2,122,570 GAIN ON DEBT DEFEASANCE $ 1,658,162 ---------------- TOTAL $7,203,765

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Quinsigamond Village LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One College StreetAddressLine1Txt
CityWorcesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01610ZIPCd
FieldValueIRS element (for citing)
EIN464605316EIN
Primary ActivitiesReal estatePrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$1,190,000EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Holy CrossBusinessNameLine1Txt

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Alchemy Plan (Crusader) LPBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1TRAFALGAR COURTAddressLine1Txt
CityLES BANQUESCityNm
CountryGKCountryCd
Foreign PostalGY1 3QLForeignPostalCd
FieldValueIRS element (for citing)
EIN900401997EIN
Primary ActivitiesInvestingPrimaryActivitiesTxt
Legal Domicile Foreign CountryGKLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Share Of Total Income$567,434ShareOfTotalIncomeAmt
Share Of EOY Assets$779,393ShareOfEOYAssetsAmt
Disproportionate AllocationsYes (true)DisproportionateAllocationsInd
UBI Code V$0UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99500OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Charitable remainder trusts (8)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One College StreetAddressLine1Txt
CityWorcesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01610ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesCHAR REMAINDEPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTrustEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Alchemy Plan LP
r$78,991FMV
Alchemy Plan LP
s$3,364,174FMV