2018-05-14T15:00:03-05:00 2017-06-30 990 2016-07-01 066414276 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YALE 2034325530 C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 LUCY LUCKER BY UNIV. CONTROLLER 2034325530 2018-05-14 2016 2022-09-23 18:48:47Z YALE UNIVERSITY TRUSTEE C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 394489289 0 X N/A X 1994 CT TO PROMOTE AND SUPPORT THE OBJECTIVES, PHILOSOPHIES AND BEST INTERESTS OF YALE UNIVERSITY. YALE UNIVERSITY IS A TAX EXEMPT ENTITY UNDER IRC SECTION 501(C)(3). 0 0 0 0 635393 -26396 0 0 4962066 5824867 10809251 43824574 3231501 4524482 19002818 54173923 0 0 0 0 0 0 0 0 0 31825329 37218424 31825329 37218424 -12822511 16955499 435959070 473299600 0 0 435959070 473299600 X SEE SCHEDULE O 0 0 30846596 6744261 THE EXPENSES REPRESENT THE HEALTH BENEFITS (HOSPITALIZATION, PHYSICIAN SERVICES, PRESCRIPTION COVERAGE, AND MAJOR MEDICAL IN EXCESS OF MEDICARE COVERAGE, AND/OR ALL OR A PORTION OF MEDICARE PART B PREMIUMS) PROVIDED TO RETIRED EMPLOYEES.THE MAJORITY OF REVENUE REPRESENTS THE CONTRIBUTIONS FROM RETIRED FACULTY AND RETIRED STAFF EMPLOYEES WHO CONTRIBUTE TOWARDS THEIR BENEFITS BASED UPON SPECIFIC FORMULAS AS DESCRIBED IN THE PLAN DOCUMENT. THE NUMBER OF ACTIVE, RETIRED OR SEPARATED PARTICIPANTS RECEIVING BENEFITS OR ENTITLED TO FUTURE BENEFITS AS OF 6/30/17 IS 18,391. 30846596 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 3 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LUCY LUCKER YALE UNIVERSITY 2034325530 25 SCIENCE PARK 150 MUNSON STREET NEW HAVEN CT 06511 X YALE UNIVERSITY TRUSTEE 5.00 X 0 0 0 0 0 0 0 0 0 0 HEWITT ASSOCIATES LLC 100 HALF DAY ROAD LINCOLNSHIRE IL 60069 ACTUARIAL AND ADMINISTRATIVE SERVICES 244458 NORTHERN TRUST 50 SOUTH LASALLE STREET B-8 CHICAGO IL 60603 CUSTODY SERVICE 136554 TRIGRAN INVESTMENTS INC 630 DUNDEE ROAD SUITE 230 NORTHBROOK IL 60062 INVESTMENT MANAGEMENT 103051 AETNA INC PO BOX 70944 CHICAGO IL 606730944 ADMINISTRATIVE SERVICES 102101 4 PARTICIPANT CONTRIBUT. 525100 5824867 5824867 5824867 6570 6570 384133370 340315366 43818004 43818004 43818004 OTHER INVESTMENTS 525990 3605088 635393 2969695 OTHER INCOME 900099 919394 919394 4524482 54173923 6744261 635393 46794269 128763 128763 5315786 5315786 147740 147740 POST-RETIREMENT HEALTH 30846596 30846596 OTHER ADMIN. EXPENSE 741664 741664 TAXES ON UBTI 37875 37875 37218424 30846596 6371828 0 8499040 38908849 64423998 397050221 400376562 435959070 473299600 0 0 X 435959070 473299600 435959070 473299600 435959070 473299600 16955499 20385031 0 X 0 0 0 X X 1 YALE UNIVERSITY 060646973 2 1 37218424 0 1 37218424 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE A, PART I, LINE 12G THE PURPOSE OF THE YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS TO PROMOTE AND SUPPORT THE OBJECTIVES, PHILOSOPHIES AND BEST INTERESTS OF YALE UNIVERSITY, WHICH IS THE DONOR OF ASSETS HELD, MANAGED AND INVESTED BY THE 501(A) TRUST AND WHICH IS A TAX- EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3). CONTRIBUTIONS RECEIVED FROM PARTICIPANTS ARE PAID TO FUND POST-RETIREMENT HEALTHCARE BENEFITS. TOTAL EXPENSES OF THE TRUST REPORTED ON PART IX, LINE 25(A) ARE REPORTED ON SCHEDULE A, PART I, LINE 12G(V), AMOUNT OF SUPPORT, AND REPRESENT EXPENSES PAID FOR THE BENEFIT OF YALE UNIVERSITY. 0 COMMON COLLECTIVE TRUSTS 14397687 F LIMITED PARTNERSHIP INTERESTS 385978875 F 400376562 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 134095511 EUROPE 0 0 INVESTMENTS 585488 NORTH AMERICA 0 0 INVESTMENTS 494998 0 0 0 0 0 0 135175997 0 135175997 1 0 1 1 1 0 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE PURPOSE OF THE YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS TO PROMOTE AND SUPPORT THE OBJECTIVES, PHILOSOPHIES AND BEST INTERESTS OF YALE UNIVERSITY, WHICH IS THE DONOR OF ASSETS HELD, MANAGED AND INVESTED BY THE 501(A) TRUST AND WHICH IS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3). THE TRUST WILL HOLD, MANAGE AND INVEST CERTAIN ASSETS CONTRIBUTED BY YALE, AND WILL APPLY THE NET INCOME AND PRINCIPAL OF SUCH PROPERTY FOR THE SUPPORT AND BENEFIT OF YALE BY PAYING INSURANCE PREMIUMS, ADMINISTRATIVE EXPENSES, OR DIRECT REIMBURSEMENT OF MEDICAL CLAIMS FOR RETIRED FORMER EMPLOYEES AS PROVIDED UNDER YALE UNIVERSITY RETIREE MEDICAL REIMBURSEMENT PLANS. FORM 990, PART VI, SECTION B, LINE 11B THE YALE UNIVERSITY FINANCE OFFICE PREPARED AND REVIEWED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION A, LINE 1: YALE UNIVERSITY, AS TRUSTEE OF THE YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST, IS THE ONLY MEMBER OF THE ORGANIZATION. YALE UNIVERSITY IS ALSO DONOR OF THE ASSETS HELD, MANAGED AND INVESTED BY THE TRUST. FORM 990, PART VI, SECTION B, LINE 12C YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) DOES NOT HAVE ANY EMPLOYEES, VOLUNTEERS, OFFICERS OR DIRECTORS. YALE UNIVERSITY, THE TRUSTEE OF YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT), HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE YALE CONFLICT OF INTEREST POLICY OBLIGATES EACH OFFICER, TRUSTEE, KEY EMPLOYEE AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS TO PROMPTLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS DEFINED IN THE POLICY. EACH SUCH PERSON MUST SIGN A STATEMENT ANNUALLY AFFIRMING THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTOR AND MEMBERS OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE INTERESTED PERSON IS EXCUSED FROM THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS MADE AND IS RECUSED FROM PARTICIPATING IN ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 13: YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) DOES NOT HAVE ANY EMPLOYEES, VOLUNTEERS, OFFICERS OR DIRECTORS. YALE UNIVERSITY, TRUSTEE OF YURHBCT, HAS A WRITTEN WHISTLEBLOWER POLICY. ANY EMPLOYEES OF YALE UNIVERSITY WHO DEAL WITH YURHBCT ARE SUBJECT TO YALE UNIVERSITY'S WRITTEN POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, INCLUDING ANY AMENDMENTS, AND FINANCIAL STATEMENTS, TO THE EXTENT PROVIDED AS A PART OF ITS EXEMPTION APPLICATION OR ANNUAL FORM 990, ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE YALE UNIVERSITY STANDARDS OF BUSINESS CONDUCT IS AVAILABLE ON THE UNIVERSITY'S WEBSITE OR UPON REQUEST. FORM 990, PART VIII, LINE 7: GROSS AMOUNT FROM SALES OF ASSETS OTHER THAN INVENTORY (I) SECURITIES: THE CAPITAL GAINS AND LOSSES RESULT PRIMARILY FROM THE SALES OF PUBLICLY TRADED SECURITIES INCLUDING COMMON STOCKS AND REGISTERED INVESTMENT COMPANIES' SHARES. YRHT LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 471007493 INVESTMENT DE -59802 18629480 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT V LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 465272396 INVESTMENT DE 0 13376025 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT VII LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 475666856 INVESTMENT DE 0 12267828 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT II LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 472499001 INVESTMENT DE 0 11051288 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT VI LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 475649338 INVESTMENT DE 0 5806834 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT III LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 472505376 INVESTMENT DE 160785 3555519 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST YRHT IV LLC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 472517771 INVESTMENT DE 103219 3212034 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST 1970 (DEC02) YALE WILLIAM S BEINEKE LIFE-PINGRY C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 136331695 SUPPORTS HIGHER EDUCATION IL 501(C)(3) PF YALE UNIVERSITY 0 3C CORPORATION C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 412046529 INVESTMENT DC 501(C)(3) 12, TYPE I YALE UNIVERSITY 0 5C CORPORATION C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 200763050 INVESTMENT DC 501(C)(3) 12, TYPE I YALE UNIVERSITY 0 ALUMNI FUND ASSOCIATION OF YALE UNIVERSITY C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066078326 ENCOURAGES AND SOLICITS CONTRIBUTIONS TO OR FOR YALE UNIVERSITY CT 501(C)(3) 12, TYPE I YALE UNIVERSITY 0 CHAPEL COMPANY C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 061532073 INACTIVE CT 501(C)(2) N/A YALE UNIVERSITY 0 CHARLES A COFFIN MEMORIAL FUND C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066034841 SUPPORTS HIGHER EDUCATION CT 501(C)(3) 12, TYPE III - O YALE UNIVERSITY 0 EDITH B JACKSON TRUST #3 C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 846150096 SUPPORTS HIGHER EDUCATION NC 501(C)(3) PF YALE UNIVERSITY 0 FORD ADELAIDE D TEN T U W C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 946216169 SUPPORTS HIGHER EDUCATION NC 501(C)(3) PF YALE UNIVERSITY 0 GRUBER FOUNDATION THE C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 451540594 SUPPORTS HIGHER EDUCATION DE 501(C)(3) 12, TYPE I YALE UNIVERSITY 0 HEALTH BENEFITS HOLDINGS INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 061559155 INVESTMENT CT 501(C)(2) N/A YALE UNIVERSITY 0 HR PROPERTIES INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 061341463 INVESTMENT CT 501(C)(2) N/A YALE UNIVERSITY 0 JONATHAN EDWARDS TRUST C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066084676 SUPPORTS HIGHER EDUCATION CT 501(C)(3) 12, TYPE III - FI YALE UNIVERSITY 0 PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 223783661 PROMOTES AND SUPPORTS STUDY OF BRITISH ART AND ARCHITECTURE UK 501(C)(3) N/A YALE UNIVERSITY 0 PRESTON J DUNN TR UW FBO YALE UNIVERSITY C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066366026 SUPPORTS HIGHER EDUCATION CT 501(C)(3) PF YALE UNIVERSITY 0 PRESTON J DUNN TR UW FBO YALE UNIVERSITY 1928 ALUMNI FUND C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066366024 SUPPORTS HIGHER EDUCATION CT 501(C)(3) PF YALE UNIVERSITY 0 PROSPECT STREET HOLDINGS INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 061424260 TITLE HOLDING COMPANY CT 501(C)(2) N/A YALE UNIVERSITY 0 STAFF RETIREMENT HOLDINGS INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 061559156 INVESTMENT CT 501(C)(2) N/A YALE UNIVERSITY 0 STOECKEL E B RESIDUE TRUST C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 060653108 SUPPORTS ARTISTIC PROGRAMS CT 501(C)(3) 12, TYPE III - FI YALE UNIVERSITY 0 THE BOARD OF TRUSTEES OF THE SHEFFIELD SCIENTIFIC SCHOOL C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066032565 PROMOTES THE STUDY OF THE PHYSICAL, NATURAL AND MATHEMATICAL SCIENCES CT 501(C)(3) 12, TYPE II YALE UNIVERSITY 0 THE CHIEF EXEC LEADERSHIP INST OF THE YALE SCHOOL OF MGMT INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 582617787 PROVIDES RESEARCH AND PEER-DRIVEN EDU. PROGRAMS TO BUSINESSES DE 501(C)(3) 12, TYPE I YALE UNIVERSITY 0 YALE SCHOLARSHIP FUND OF PITTSBURGH C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 237046816 FUNDS SCHOLARSHIPS PA 501(C)(3) 12, TYPE III - FI YALE UNIVERSITY 0 YALE SCHOLARSHIP TRUST OF BOSTON C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 046113108 FUNDS SCHOLARSHIPS MA 501(C)(3) 12, TYPE III - FI YALE UNIVERSITY 0 YALE SOUTHERN OBSERVATORY INC C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 066068906 RESEARCH AND EDUCATION CT 501(C)(3) 7 YALE UNIVERSITY 0 YALE UNIVERSITY C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 060646973 EDUCATION, RESEARCH, COMMUNITY SERVICE CT 501(C)(3) 2 N/A 0 YALE UNIVERSITY ELIZABETHAN CLUB CORP C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 060332975 PROMOTES APPRECIATION OF LITERATURE AMONG MEMBERSHIP AND COMMUNITY CT 501(C)(3) 12, TYPE III - FI YALE UNIVERSITY 0 YALE UNIVERSITY PRESS LONDON C/O YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 065208239 PUBLISHES SERIOUS WORKS UK 501(C)(3) N/A YALE UNIVERSITY 0 SEE PART VII CT 0 0 SEE PART VII CT 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 SCHEDULE R, PART I-V NAME, ADDRESS AND EIN: THE FORM 990, SCHEDULE R, LISTS THE NAME OF EACH ENTITY AS OF THE DATE OF THE FORM 990 FILING. SCHEDULE R, PART III-IV AS IDENTIFIED IN PART II, YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS RELATED TO YALE UNIVERSITY (EIN: 06-0646973) WHICH HAS NUMEROUS RELATED ORGANIZATIONS. SEE SCHEDULE R, PARTS III AND IV, OF YALE UNIVERSITY'S FORM 990 FOR A LIST OF THE ORGANIZATIONS, WHICH BY VIRTUE OF YALE'S CONTROL OF YURHBCT ARE RELATED ORGANIZATIONS OF YURHBCT. ANY RELATED ORGANIZATION WITH WHICH YURHBCT HAS ENTERED INTO A TRANSACTION REPORTABLE ON SCHEDULE R, PART V IS REPORTED ON YURHBCT'S FORM 990, SCHEDULE R.