BENTLEY UNIVERSITY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- BENTLEY UNIVERSITY (EIN 04-1081650)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-10
- IRS object ID
- 201821319349300042
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-10T12:18:29-00:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041081650 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENTLEY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENT | BusinessNameControlTxt |
| Phone | 7818912000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FOREST STREET | AddressLine1Txt |
| City | WALTHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024524705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH B CODY | PersonNm |
| Person Title | VP FOR ADMINFINTREASURER | PersonTitleTxt |
| Phone | 7818912887 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Shyamalee Joseph | PreparerPersonNm |
| Phone | 6179881000 | PhoneNum |
| Preparation | 2018-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KENNETH CODY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FOREST STREET | AddressLine1Txt |
| City | WALTHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024524705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $337,604,646 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BENTLEY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1917 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE CREATIVE, ETHICAL, AND SOCIALLY RESPONSIBLE ORGANIZATIONAL LEADERS BY CREATING AND DISSEMINATING IMPACTFUL KNOWLEDGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 2928 | TotalEmployeeCnt |
| Total Volunteers | 325 | TotalVolunteersCnt |
| Total Gross UBI | $751,870 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $14,381 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,194,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,993,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $271,229,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $278,977,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,848,354 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,571,746 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,395,000 | PYOtherRevenueAmt |
| CY Other Revenue | $1,744,000 | CYOtherRevenueAmt |
| PY Total Revenue | $287,666,354 | PYTotalRevenueAmt |
| CY Total Revenue | $297,285,746 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $75,329,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $78,690,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $117,849,498 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $124,254,628 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $11,663 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,263,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $85,424,447 | PYOtherExpensesAmt |
| CY Other Expenses | $87,292,018 | CYOtherExpensesAmt |
| PY Total Expenses | $278,614,608 | PYTotalExpensesAmt |
| CY Total Expenses | $290,236,646 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,051,746 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,049,100 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $605,339,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $637,582,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $258,825,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $252,106,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $346,514,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $385,476,000 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO EDUCATE CREATIVE, ETHICAL, AND SOCIALLY RESPONSIBLE ORGANIZATIONAL LEADERS BY CREATING AND DISSEMINATING IMPACTFUL KNOWLEDGE WITHIN AND ACROSS BUSINESS AND THE ARTS AND SCIENCES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $140,244,976 | ExpenseAmt |
| Grant | $78,690,000 | GrantAmt |
| Revenue | $225,001,000 | RevenueAmt |
| Desc | INSTRUCTION SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $42,518,000 | ExpenseAmt |
| Revenue | $49,180,000 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES - SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $37,568,000 | ExpenseAmt |
| Revenue | $1,744,000 | RevenueAmt |
| Desc | STUDENT SERVICES - SEE SCHEDULE O | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $18,822,000 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $4,796,000 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $239,152,976 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6196 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2928 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | false | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY ANTUNES | PersonNm |
| Phone | 7818912686 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FOREST STREET | AddressLine1Txt |
| City | WALTHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024524705 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| STEVEN P MANFREDI | ||||||||
| CHAIRMAN | 010.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT P BADAVAS | ||||||||
| VICE CHAIRMAN | 008.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT E ALAN | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS P ALBER | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN F ARMATA | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| J TERENCE CARLETON | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| J PAUL CONDRIN III | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN L DELVECCHIO | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNTHIA M DEYSHER | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| JOYCE J ELAM | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM C FREDA | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID L GIUNTA | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| TANYA HAIRSTON WHITNER | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW J HAJDUCKY III | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| W CARL KESTER | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCIS F KINGSLEY | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBORAH A LEITCH | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| I NORMAN MASSRY | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN G O'CONNELL | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| NICKOLAS STAVROPOULOS | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID H WEENER | ||||||||
| TRUSTEE | 001.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN T ZINO | ||||||||
| TRUSTEE | 002.00 | Yes (X) | $0 | $0 | $0 | |||
| GLORIA C LARSON | ||||||||
| PRESIDENT/TRUSTEE | 065.00 | Yes (X) | Yes (X) | $653,329 | $0 | $93,401 | ||
| KENNETH B CODY | ||||||||
| VICE PRESIDENT | 040.00 | Yes (X) | $385,680 | $0 | $58,937 | |||
| JUDITH A MALONE | ||||||||
| GENERAL COUNSEL | 040.00 | Yes (X) | $240,610 | $0 | $39,550 | |||
| J ANDREW SHEPARDSON | ||||||||
| VICE PRESIDENT | 040.00 | Yes (X) | $259,822 | $0 | $29,795 | |||
| WILLIAM A TORREY | ||||||||
| VICE PRESIDENT | 040.00 | Yes (X) | $439,379 | $0 | $28,535 | |||
| ROY WIGGINS III | ||||||||
| INTERIM CO-VP/PROVOST | 040.00 | Yes (X) | $313,192 | $0 | $45,013 | |||
| DANIEL EVERETT | ||||||||
| INTERIM CO-VP/PROVOST | 040.00 | Yes (X) | $279,604 | $0 | $43,769 | |||
| CAROLINA FIGUEROA | ||||||||
| VICE PRESIDENT | 040.00 | Yes (X) | $59,976 | $0 | $4,117 | |||
| JEAN BEDARD | ||||||||
| PROFESSOR | 040.00 | $379,408 | $0 | $44,032 | Yes (X) | |||
| MARTIN CONYON | ||||||||
| PROFESSOR | 040.00 | $258,732 | $0 | $25,585 | Yes (X) | |||
| JANE FEDORWICZ | ||||||||
| PROFESSOR | 040.00 | $308,427 | $0 | $41,083 | Yes (X) | |||
| ROBERT GALLIERS | ||||||||
| PROFESSOR | 040.00 | $437,988 | $0 | $26,980 | Yes (X) | |||
| RANI HOITASH | ||||||||
| PROFESSOR | 040.00 | $251,739 | $0 | $40,763 | Yes (X) | |||
| JOANN C MCKENNA | ||||||||
| VICE PRESIDENT | 040.00 | $339,083 | $0 | $29,669 | Yes (X) | |||
| MICHAEL J PAGE | ||||||||
| VP/PROVOST | 040.00 | $390,061 | $0 | $35,040 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,997,030 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $586,269 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 234 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GRANT THORNTON LLP | |||||
| 75 STATE ST | BOSTON | MA | 02109 | CONSULTANT | $274,435 |
| KPMG | |||||
| 60 SOUTH ST | BOSTON | MA | 02111 | CONSULTANT | $234,725 |
| CSL CONSULTING | |||||
| 30 NORTH AVE | BURLINGTON | MA | 01803 | CONSULTANT | $565,005 |
| THE BOSTON CONSORTIUM | |||||
| 440 TOTTEN POND RD | WALTHAM | MA | 02451 | CONSULTANT | $314,495 |
| INKHOUSE LLC | |||||
| 260 CHARLES ST | WALTHAM | MA | 02453 | CONSULTANT | $260,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,274,000 | GovernmentGrantsAmt |
| All Other Contributions | $7,719,000 | AllOtherContributionsAmt |
| Noncash Contributions | $1,373,944 | NoncashContributionsAmt |
| Total Contributions | $8,993,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|---|
| TUITION AND FEES | 900099 | $225,001,000 | $225,001,000 | ||
| AUXILIARY | 900099 | $53,211,071 | $52,019,105 | $1,191,966 | |
| CONFERENCE SERVICES | 721000 | $640,996 | $640,996 | ||
| SWIMMING POOL USE | 713990 | $123,933 | $123,933 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $278,977,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,623,420 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$13,059 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,636,479 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $118,226 | TotalRevenueColumnAmt |
| Exclusion | $118,226 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $44,149,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $40,318,900 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,830,100 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,830,100 | TotalRevenueColumnAmt |
| Exclusion | $3,830,100 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER SOURCES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,744,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,744,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,744,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $297,285,746 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $278,764,105 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $751,870 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,776,771 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,761 | TotalAmt |
| Program Services | $27,761 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,357,568 | TotalAmt |
| Program Services | $75,357,568 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,304,671 | TotalAmt |
| Program Services | $3,304,671 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,380,415 | TotalAmt |
| Program Services | $783,187 | ProgramServicesAmt |
| Management And General | $3,031,854 | ManagementAndGeneralAmt |
| Fundraising | $565,374 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,835,149 | TotalAmt |
| Program Services | $72,851,529 | ProgramServicesAmt |
| Management And General | $19,192,036 | ManagementAndGeneralAmt |
| Fundraising | $2,791,584 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,099,915 | TotalAmt |
| Program Services | $5,102,799 | ProgramServicesAmt |
| Management And General | $1,651,022 | ManagementAndGeneralAmt |
| Fundraising | $346,094 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,723,587 | TotalAmt |
| Program Services | $7,040,002 | ProgramServicesAmt |
| Management And General | $4,043,940 | ManagementAndGeneralAmt |
| Fundraising | $639,645 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,215,562 | TotalAmt |
| Program Services | $4,552,454 | ProgramServicesAmt |
| Management And General | $1,390,815 | ManagementAndGeneralAmt |
| Fundraising | $272,293 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,059,548 | TotalAmt |
| Program Services | $590,030 | ProgramServicesAmt |
| Management And General | $1,469,518 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,944 | TotalAmt |
| Program Services | $160,088 | ProgramServicesAmt |
| Management And General | $255,856 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $386,040 | TotalAmt |
| Management And General | $386,040 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,389 | TotalAmt |
| Management And General | $3,389 | ManagementAndGeneralAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,326,646 | TotalAmt |
| Management And General | $2,326,646 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,237,914 | TotalAmt |
| Program Services | $4,801,985 | ProgramServicesAmt |
| Management And General | $2,435,929 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,794,723 | TotalAmt |
| Program Services | $2,461,064 | ProgramServicesAmt |
| Management And General | $270,127 | ManagementAndGeneralAmt |
| Fundraising | $63,532 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,240,563 | TotalAmt |
| Program Services | $4,693,976 | ProgramServicesAmt |
| Management And General | $1,216,138 | ManagementAndGeneralAmt |
| Fundraising | $330,449 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,368,936 | TotalAmt |
| Program Services | $13,144,342 | ProgramServicesAmt |
| Management And General | $221,623 | ManagementAndGeneralAmt |
| Fundraising | $2,971 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662,117 | TotalAmt |
| Program Services | $1,298,065 | ProgramServicesAmt |
| Management And General | $130,890 | ManagementAndGeneralAmt |
| Fundraising | $233,162 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,597,489 | TotalAmt |
| Program Services | $2,302,791 | ProgramServicesAmt |
| Management And General | $1,025,433 | ManagementAndGeneralAmt |
| Fundraising | $269,265 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,832,071 | TotalAmt |
| Program Services | $6,545,787 | ProgramServicesAmt |
| Management And General | $286,284 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,608,403 | TotalAmt |
| Program Services | $19,888,006 | ProgramServicesAmt |
| Management And General | $720,397 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $838,828 | TotalAmt |
| Program Services | $67,106 | ProgramServicesAmt |
| Management And General | $771,722 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Purchased Services | $10,991,753 | $5,891,034 | $4,385,155 | $715,564 |
| Leasing and Rentals | $1,702,181 | $1,619,142 | $71,452 | $11,587 |
| Study Abroad | $4,334,117 | $4,334,117 | ||
| Student Organizations | $1,573,364 | $1,573,364 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,992 | TotalAmt |
| Program Services | $762,108 | ProgramServicesAmt |
| Management And General | -$465,596 | ManagementAndGeneralAmt |
| Fundraising | $21,480 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290,236,646 | TotalAmt |
| Program Services | $239,152,976 | ProgramServicesAmt |
| Management And General | $44,820,670 | ManagementAndGeneralAmt |
| Fundraising | $6,263,000 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,829,000 | BOYAmt |
| EOY | $60,058,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,187,231 | BOYAmt |
| EOY | $3,541,552 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $596,255 | BOYAmt |
| EOY | $1,155,986 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,243,000 | BOYAmt |
| EOY | $6,463,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,450,104 | BOYAmt |
| EOY | $1,014,371 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $504,913,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $216,928,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,369,000 | BOYAmt |
| EOY | $287,985,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,946,198 | BOYAmt |
| EOY | $200,273,695 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,611,802 | BOYAmt |
| EOY | $71,548,305 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,106,410 | BOYAmt |
| EOY | $5,542,091 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $605,339,000 | BOYAmt |
| EOY | $637,582,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,580,000 | BOYAmt |
| EOY | $33,461,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,931,000 | BOYAmt |
| EOY | $7,095,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,957,000 | BOYAmt |
| EOY | $174,307,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,357,000 | BOYAmt |
| EOY | $37,243,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,825,000 | BOYAmt |
| EOY | $252,106,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,974,000 | BOYAmt |
| EOY | $271,300,000 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,775,000 | BOYAmt |
| EOY | $63,836,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,765,000 | BOYAmt |
| EOY | $50,340,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $346,514,000 | BOYAmt |
| EOY | $385,476,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $605,339,000 | BOYAmt |
| EOY | $637,582,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,049,100 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $22,497,900 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $9,415,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,241,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,412,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,741,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,194,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,993,000 | CurrentTaxYearAmt |
| Total | $39,581,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,241,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,412,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,741,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,194,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,993,000 | CurrentTaxYearAmt |
| Total | $39,581,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $493,940 | SubstantialContributorsTotAmt |
| Public Support Total170 | $39,087,060 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,047,645 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,142,884 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,361,580 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,134,178 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,741,646 | CurrentTaxYearAmt |
| Total | $16,427,933 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,075 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $37,467 | CurrentTaxYearMinus2YearsAmt |
| Total | $90,542 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,705,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,570,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,386,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,395,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,744,000 | CurrentTaxYearAmt |
| Total | $7,800,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $63,899,475 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,311,009,884 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60170 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60010 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support CY509 | 0.00000 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Facts And Circumstances Test | Part II Section B Line 10 Other income is comprised of miscellaneous revenue including forfeited deposits, dorm damage fines, and other miscellaneous fees and fines. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $3,389 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $3,389 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | II-B II | FormAndLineReferenceDesc |
| Explanation | BENTLEY UNIVERSITY PAYS MEMBERSHIP DUES TO VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS, AND THEREFORE THE DUES CREATE INDIRECT LOBBYING EXPENSES FOR THE UNIVERSITY. THE PORTION OF MEMBERSHIP FEES ALLOCABLE TO LOBBYING ACTIVITIES WAS 3,389 FOR THE YEAR ENDED JUNE 30, 2017. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $279,965 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $241,944,000 | BeginningYearBalanceAmt |
| Contributions | $4,311,000 | ContributionsAmt |
| Investment Earnings Or Losses | $27,397,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,889,744 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,766,256 | OtherExpendituresAmt |
| End Year Balance | $262,996,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $256,630,000 | BeginningYearBalanceAmt |
| Contributions | $2,448,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,853,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,017,346 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,263,654 | OtherExpendituresAmt |
| End Year Balance | $241,944,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $258,462,000 | BeginningYearBalanceAmt |
| Contributions | $2,083,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,827,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,530,302 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,211,698 | OtherExpendituresAmt |
| End Year Balance | $256,630,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $217,933,000 | BeginningYearBalanceAmt |
| Contributions | $6,821,000 | ContributionsAmt |
| Investment Earnings Or Losses | $43,058,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,415,681 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,934,319 | OtherExpendituresAmt |
| End Year Balance | $258,462,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $192,708,000 | BeginningYearBalanceAmt |
| Contributions | $7,747,000 | ContributionsAmt |
| Investment Earnings Or Losses | $26,113,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,267,487 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,367,513 | OtherExpendituresAmt |
| End Year Balance | $217,933,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.60000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.18000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.22000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,871,000 | OtherCostOrOtherBasisAmt |
| Book Value | $31,871,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $398,066,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $172,456,576 | DepreciationAmt |
| Book Value | $225,609,424 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,947,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $44,471,424 | DepreciationAmt |
| Book Value | $4,475,576 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,029,000 | OtherCostOrOtherBasisAmt |
| Book Value | $26,029,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $287,985,000 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Financial derivatives and other financial products | ||
| Closely-held equity interests | ||
| Hedge Funds | $44,671,044 | F |
| Partnerships | $26,877,261 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $71,548,305 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| INTEREST RATE SWAP AGREEMENTS | $22,267,000 |
| POST RETIREMENT BENEFITS | $8,923,000 |
| REFUNDABLE U.S. GOVERNMENT GRANTS | $6,053,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $37,243,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $326,872,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $22,497,900 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $9,415,000 | OtherRevenueAmt |
| Revenue Not Reported | $31,912,900 | RevenueNotReportedAmt |
| Revenue Subtotal | $294,959,100 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,326,646 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $2,326,646 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $297,285,746 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $287,910,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $287,910,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,326,646 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $2,326,646 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $290,236,646 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| III 3 | THE UNIVERSITY OWNS A MODERN COLLECTION OF ABOUT 30 PAINTINGS AND SCULPTURES THAT APPEAR IN PUBLIC COMMON AREAS THROUGHOUT THE CAMPUS, IN CONFERENCE ROOMS, AND IN THE PRESIDENTS HOUSE. THE COLLECTION SEEKS TO ENRICH CAMPUS CULTURAL LIFE IN GENERAL, INCREASE THE EDUCATIONAL SCOPE AND OPPORTUNITY FOR APPRECIATION OF THE ARTS BY UNIVERSITY STUDENTS, AND CONTRIBUTE TO THE CULTURAL ENRICHMENT OF THE SURROUNDING COMMUNITY. |
| V 4 | THE UNIVERSITYS ENDOWMENT PROVIDES FOR SCHOLARSHIPS TO STUDENTS, SUPPORT FOR ACADEMIC PROGRAMS, AND SUPPORT FOR PROGRAM ACTIVITIES. IN ADDITION, QUASI ENDOWMENT REPRESENTS 60 OF ENDOWMENT. THIS AMOUNT IS INVESTED AND THE EARNINGS ARE USED TO SUPPORT UNIVERSITY OPERATIONS. |
| X 2 | THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501c3 OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501a OF THE CODE. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT FOR ACTIVITIES OUTSIDE ITS EXEMPT PURPOSE. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 OR 2016. |
| XI 2D | REVENUE INCLUDED ON FINANCIAL STATEMENTS BUT NOT ON FORM 990 INCLUDES CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OF 9,761,000 AND OTHER NONOPERATING ACTIVITIES 346,000. THE TOTAL FOR LINE 2D IS 9,415,000. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 3 | BENTLEY UNIVERSITY DOES NOT DISCRIMINATE IN ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN ANY OF ITS EDUCATIONAL PROGRAMS OR ACTIVITIES, INCLUDING SCHOLARSHIPS, LOANS, AND ATHLETICS, ON THE BASIS OF RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY AND/OR EXPRESSION, MARITAL STATUS, AGE, NATIONAL ORIGIN, CITIZENSHIP STATUS, DISABILITY, GENETIC INFORMATION, MILITARY OR VETERAN STATUS. BENTLEY UNIVERSITY MAINTAINS AND SUPPORTS AFFIRMATIVE ACTION PLANS FOR ITS WORKPLACE IN COMPLIANCE WITH FEDERAL LAW. EQUAL OPPORTUNITY EXTENDS TO ALL ASPECTS OF THE EMPLOYMENT RELATIONSHIP, INCLUDING HIRING, PROMOTIONS, TRAINING, WORKING CONDITIONS, COMPENSATION AND BENEFITS. BENTLEY UNIVERSITYS POLICIES AND PRACTICES REFLECT THE UNIVERSITYS COMMITMENT TO NONDISCRIMINATION IN ALL AREAS OF EMPLOYMENT. THE UNIVERSITY COMPLIES WITH TITLE VI OF THE CIVIL RIGHTS ACT, TITLE IX OF THE EDUCATION AMENDMENTS ACT, SECTION 504 OF THE REHABILITATION ACT AND REVENUE PROCEDURE 75-50 PROHIBITING SUCH DISCRIMINATION. ANYONE BELIEVING THAT HE OR SHE HAS EXPERIENCED ADVERSE TREATMENT MAY REGISTER A COMPLAINT WITH THE SPECIAL ASSISTANT TO THE PRESIDENT/OMBUDSMAN AT 781.891.2907. THE UNIVERSITY PUBLISHES ITS NONDISCRIMINATION POLICY ON ITS WEBSITE AND IN THE STUDENT HANDBOOK. |
| 6a | THE UNIVERSITY PARTICIPATES IN THE TITLE IV PROGRAM FOR CAMPUS WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, THE PERKINS LOAN PROGRAM, DIRECT LENDING, AND PELL GRANTS. THE UNIVERSITY PROVIDES FINANCIAL AID FUNDS TO THE STUDENTS BASED ON GENERALLY ACCEPTED UNIFORM NON-DISCRIMINATORY METHODOLOGY. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| East Asia and the Pacific | PROGRAM SERVICES | STUDY ABROAD | $746,775 |
| Europe Including Iceland and Greenland | PROGRAM SERVICES | STUDY ABROAD | $4,391,612 |
| South America | PROGRAM SERVICES | STUDY ABROAD | $100,206 |
| Sub-Saharan Africa | PROGRAM SERVICES | STUDY ABROAD | $167,686 |
| Central America and the Caribbean | INVESTMENTS | $23,567,775 | |
| East Asia and the Pacific | INVESTMENTS | $567,645 | |
| Europe Including Iceland and Greenland | INVESTMENTS | $592,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $30,134,025 | SubtotalSpentAmt |
| Total Spent | $30,134,025 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| Scholarship Assistance | East Asia and the Pacific | 46 | $588,960 | student account credit |
| Scholarship Assistance | Europe Including Iceland and Greenland | 194 | $2,625,278 | student account credit |
| Scholarship Assistance | Sub-Saharan Africa | 2 | $29,175 | student account credit |
| Scholarship Assistance | South America | 3 | $61,258 | student account credit |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 2 | THE UNIVERSITY PROVIDES SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS WHO WISH TO STUDY ABROAD. THESE AMOUNTS ARE APPLIED TO THE STUDENTS ACCOUNT AND ARE USED TO OFFSET HIS OR HER COST OF THE PROGRAM. THE STUDENT DOES NOT DIRECTLY RECEIVE THIS ASSISTANCE. |
| Part I Line 3 | THE BASIS OF ACCOUNTING ON THE FINANCIAL STATEMENTS IS ACCRUAL. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MA CONFERENCE FOR WOMEN | |||||||
| PO BOX 55071 | BOSTON | MA | 02205 | 202699177 | 501c3 | $20,000 | SPONSORSHIP |
| 2020 WOMEN ON BOARDS | |||||||
| PO BOX 301095 | JAMAICA PLAIN | MA | 02130 | 273272688 | 501c3 | $5,261 | SPONSORSHIP |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP ASSISTANCE | GrantTypeTxt |
| Recipient | 2814 | RecipientCnt |
| Cash Grant | $75,357,568 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 2 | THE UNIVERSITY PROVIDED FINANCIAL SUPPORT TO THE MASSACHUSETTS CONFERENCE FOR WOMEN AND 2020 WOMEN ON BOARDS. THESE ENTITIES PROVIDE OPPORTUNITIES FOR BUSINESS NETWORKING, PROFESSIONAL DEVELOPMENT, EDUCATION, AND PERSONAL GROWTH FOR WOMEN. |
| Part III | THE UNIVERSITY PROVIDES SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS. MANY SCHOLARSHIPS ARE BASED ON CRITERIA SUCH AS ACADEMIC STRENGTH, ATHLETIC ABILITY, AND LEADERSHIP OR COMMUNITY SERVICE. NON-NEED-BASED SCHOLARSHIP FUNDING IS AWARDED THROUGH THE ADMISSIONS PROCESS AND USUALLY HAS A GRADE POINT AVERAGE GPA OR OTHER REQUIREMENT FOR RENEWAL IN SUBSEQUENT YEARS. TYPES OF MERIT SCHOLARSHIPS INCLUDE THE TRUSTEE SCHOLARSHIP, THE PRESIDENTS SCHOLARSHIP AND THE INTERNATIONAL SCHOLARSHIP. THE UNIVERSITY ALSO OFFERS GRANT FUNDS THAT ARE AWARDED BASED ON FINANCIAL NEED AND DO NOT HAVE TO BE REPAID. THE OFFICE OF FINANCIAL ASSISTANCE DETERMINES THE TOTAL AMOUNT OF A STUDENTS NEED-BASED GRANT FUNDING ACCORDING TO FEDERAL AND INSTITUTIONAL FORMULAS. TYPES OF NEED BASED GRANTS INCLUDE BENTLEY SCHOLARSHIPS, AS WELL AS FEDERAL AND STATE SOURCES. ALL SCHOLARSHIP AMOUNTS ARE AUTOMATICALLY CREDITED TO THE INDIVIDUALS STUDENT ACCOUNT. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| GLORIA C LARSON | ||||||
| PRESIDENT/TRUSTEE | $508,292 | $132,500 | $12,537 | $26,500 | $66,901 | $746,730 |
| KENNETH B CODY | ||||||
| VICE PRESIDENT | $356,523 | $25,000 | $4,157 | $56,211 | $2,726 | $444,617 |
| JUDITH A MALONE | ||||||
| GENERAL COUNSEL | $216,908 | $20,000 | $3,702 | $22,528 | $17,022 | $280,160 |
| JOANN C MCKENNA | ||||||
| VICE PRESIDENT | $284,872 | $50,000 | $4,211 | $26,500 | $3,169 | $368,752 |
| MICHAEL J PAGE | ||||||
| VP/PROVOST | $361,557 | $25,000 | $3,504 | $26,500 | $8,540 | $425,101 |
| J ANDREW SHEPARDSON | ||||||
| VICE PRESIDENT | $228,577 | $30,000 | $1,245 | $23,034 | $6,761 | $289,617 |
| WILLIAM A TORREY | ||||||
| VICE PRESIDENT | $330,547 | $25,000 | $83,832 | $26,500 | $2,035 | $467,914 |
| ROY WIGGINS III | ||||||
| INTERIM CO-VP/PROVOST | $280,932 | $20,000 | $12,260 | $26,500 | $18,513 | $358,205 |
| DANIEL EVERETT | ||||||
| INTERIM CO-VP/PROVOST | $254,819 | $20,000 | $4,785 | $26,357 | $17,412 | $323,373 |
| JEAN BEDARD | ||||||
| PROFESSOR | $304,338 | $75,070 | $26,500 | $17,532 | $423,440 | |
| MARTIN CONYON | ||||||
| PROFESSOR | $247,500 | $11,232 | $24,750 | $835 | $284,317 | |
| JANE FEDORWICZ | ||||||
| PROFESSOR | $239,930 | $68,497 | $24,594 | $16,489 | $349,510 | |
| ROBERT GALLIERS | ||||||
| PROFESSOR | $355,790 | $82,198 | $26,500 | $480 | $464,968 | |
| RANI HOITASH | ||||||
| PROFESSOR | $236,369 | $15,370 | $24,719 | $16,044 | $292,502 | |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 1 | THE UNIVERSITY PROVIDES ON CAMPUS HOUSING FOR ITS PRESIDENT FOR THE CONVENIENCE OF THE UNIVERSITY ESTIMATED MONTHLY RENTAL CHARGE IS 4,000 OR 48,000 ANNUALLY, AND IS INCLUDED AS A NONTAXABLE BENEFIT IN COLUMN D. IN ADDITION, ESTIMATED PERSONAL COSTS RELATED TO DRY CLEANING IS 799 AND TO MAID AND CABLE SERVICES FOR THE HOUSE ARE 5,038 AND 1,808, RESPECTIVELY, WHICH ARE INCLUDED IN TAXABLE INCOME. |
| Part I Line 1 | DURING THE YEAR, THE UNIVERSITY PROVIDED A CAR SERVICE TO THE PRESIDENT TO BE USED FOR BUSINESS PURPOSES. THE AMOUNT PAID FOR CAR SERVICES DURING CALENDAR YEAR 2016 WAS 14,561 AND IS NOT INCLUDED IN THE PRESIDENTS TAXABLE WAGES AS THE CAR SERVICE IS USED ONLY TO CONDUCT UNIVERSITY BUSINESS. |
| Part I Line 1 | THE UNIVERSITY PROVIDES A HOUSING ALLOWANCE TO WILLIAM A. TORREY. THIS AMOUNT IS INCLUDED IN HIS TAXABLE INCOME. |
| Part I Line 1 | THE UNIVERSITY WILL OCCASIONALLY APPROVE FIRST CLASS TRAVEL FOR TRUSTEES OR OFFICERS WHEN THE TRAVEL IS WITHIN THE GUIDELINES OF THE UNIVERSITYS TRAVEL POLICY. |
| Part I Line 7 | PURSUANT TO HER EMPLOYMENT CONTRACT, THE PRESIDENT SHALL BE CONSIDERED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, FOR A BONUS WITH A TARGET OF 15, AND A MAXIMUM OF 30 OF THE BASE SALARY. THE AMOUNT OF THE BONUS SHALL BE DETERMINED BY THE COMPENSATION COMMITTEE BASED ON ITS ASSESSMENT OF THE PRESIDENTS PERFORMANCE AND THAT OF BENTLEY UNIVERSITY AGAINST APPROPRIATE GOALS ESTABLISHED ANNUALLY BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE, IN ITS SOLE DISCRETION, MAY DETERMINE NOT TO AWARD A BONUS FOR ANY GIVEN YEAR. |
| Part I Line 7 | TORREY, PAGE, CODY, MCKENNA, SHEPARDSON, MALONE, EVERETT, AND WIGGINS RECEIVED BONUS PAYMENTS. THE BONUSES ARE AWARDED BASED ON RECOMMENDATIONS MADE BY THE PRESIDENT AND ARE APPROVED BY THE COMPENSATION COMMITTEE WITH THE RATIONALE BASED UPON HER ASSESSMENT OF THE INDIVIDUALS PERFORMANCE. WIGGINS, EVERETT, GALLIERS, CONYON, BEDARD, FEDORWICZ AND HOITASH ALL PARTICIPATED IN ADDITIONAL FACULTY ROLES AND AMOUNTS INCLUDED AS OTHER COMPENSATION ARE RELATED TO THOSE ROLES. |
| Part II Line 1 | JOANN MCKENNA LEFT HER POSITION AS VICE PRESIDENT OF ENROLLMENT MANAGEMENT AS OF 6/30/2016. CAROLINA FIGUEROA REPLACED HER AS VICE PRESIDENT OF ENROLLMENT MANAGEMENT ON 10/1/2016. |
| Part II Line 1 | MICHAEL PAGE LEFT HIS POSITION AS VICE PRESIDENT OF ACADEMIC AFFAIRS/PROVOST ON 6/30/2016. ROY WIGGINS III AND DANIEL EVERETT BECAME INTERIM CO-VICE PRESIDENTS OF ACADEMIC AFFAIRS AND CO-PROVOSTS ON 7/1/2016. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MDFA SERIES 2013A | ||||||||
| A | 043431814 | 000000000 | 2013-12-10 | $71,143,000 | REFINANCING/CAPITAL PROJECTS | false | false | false |
| MDFA SERIES 2013B | ||||||||
| B | 043431814 | 000000000 | 2013-12-10 | $37,157,000 | REFINANCING | false | false | false |
| MDFA SERIES 2010 | ||||||||
| C | 043431814 | 57583R2N4 | 2010-09-16 | $41,816,878 | REFUNDING SERIES J 1998 | false | false | false |
| MDFA SERIES 2016 | ||||||||
| D | 043431814 | 57584XKJ9 | 2016-03-08 | $40,434,302 | RENOVATE JENNISON RES HALLS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,150,000 | $71,143,000 | $504,913 | $11,013,906 | $59,624,181 | 2015 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $37,157,000 | $37,157,000 | 2013 | Yes (true) | false | Yes (true) | Yes (true) | |||
| C | $11,981,878 | $41,816,878 | $454,697 | $41,362,181 | 2010 | Yes (true) | false | Yes (true) | Yes (true) | |
| D | $4,209,302 | $40,434,302 | $434,302 | $40,000,000 | 2017 | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | Yes (true) | Yes (true) | false | 0.01020 | 0.01020 | false | false | Yes (true) |
| B | false | Yes (true) | Yes (true) | Yes (true) | false | 0.00548 | 0.00548 | false | false | Yes (true) |
| D | false | Yes (true) | Yes (true) | Yes (true) | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) |
| B | false | false | Yes (true) | false | Yes (true) | false | false | false | Yes (true) |
| C | false | false | Yes (true) | false | false | false | false | false | Yes (true) |
| D | false | Yes (true) | false | false | Yes (true) | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 37 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,368,944 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GIFTS IN KIND | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 9, 25 | FormAndLineReferenceDesc |
| Explanation | PART I, COLUMN B THE AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d | Program Service Expenses 18,822,000, Grants and allocations 0, Revenue 4,796,000 OTHER |
| Form 990, Part III, Line 1 | BENTLEY UNIVERSITY IS ONE OF THE NATIONS LEADING BUSINESS SCHOOLS, DEDICATED TO PREPARING A NEW KIND OF BUSINESS LEADER AND ONE WITH THE DEEP TECHNICAL SKILLS, THE BROAD GLOBAL PERSPECTIVE AND THE HIGH ETHICAL STANDARDS REQUIRED TO MAKE A DIFFERENCE IN AN EVER-CHANGING WORLD. TO ACHIEVE OUR GOAL, WE INFUSE OUR ADVANCED BUSINESS CURRICULUM WITH THE RICHNESS OF A LIBERAL ARTS EDUCATION. THE RESULTS ARE GRADUATES WHO ARE MAKING AN IMPACT IN THEIR CHOSEN FIELDS AND TURNING THEIR PASSIONS INTO SUCCESS STORIES. LOCATED ON A CLASSIC NEW ENGLAND CAMPUS JUST MINUTES FROM BOSTON, BENTLEY IS A DYNAMIC COMMUNITY OF LEADERS, SCHOLARS AND CREATIVE THINKERS. |
| Form 990, Part III, Line 1 | BENTLEY UNIVERSITY ENJOYS A STRONG POSITION IN MANY MAJOR RANKINGS AND LISTS INCLUDING U.S. NEWS WORLD REPORT, BLOOMBERG BUSINESS WEEK, THE PRINCETON REVIEW AND MANY OTHER NATIONAL PUBLICATIONS. |
| Form 990, Part III, Line 1 | UNDERGRADUATE AND GRADUATE BUSINESS PROGRAMS AT BENTLEY UNIVERSITY ARE ACCREDITED BY AACSB INTERNATIONAL THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS. THE UNIVERSITY IS ALSO ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC. NEASC. THESE ACCREDITATIONS INDICATE THAT BENTLEY UNIVERSITY MEETS OR EXCEEDS ESTABLISHED STANDARDS AS DETERMINED BY PERIODIC AACSB PEER GROUP REVIEW. |
| Form 990, Part III, Line 1 | IN ADDITION BENTLEY UNIVERSITY IS ONE OF ONLY THREE BUSINESS SCHOOLS IN THE U.S. AND 130 BUSINESS SCHOOLS WORLDWIDE, TO EARN EUROPEAN QUALITY IMPROVEMENT SYSTEM EQUIS ACCREDITATION. EQUIS IS THE LEADING INTERNATIONAL SYSTEM OF QUALITY ASSESSMENT, IMPROVEMENT, AND ACCREDITATION OF HIGHER EDUCATION INSTITUTIONS IN MANAGEMENT AND BUSINESS ADMINISTRATION. |
| Form 990, Part III, Line 4A | INSTRUCTION FOUNDED IN 1917 AS THE BENTLEY SCHOOL OF ACCOUNTING AND FINANCE, BENTLEY UNIVERSITY PLACES VITAL EMPHASIS ON THE QUALITY OF ITS FACULTY AS DEDICATED TEACHERS/SCHOLARS. ACADEMICS ACROSS ALL DEPARTMENTS ARE COMMITTED TO ESTABLISHING EFFECTIVE TEACHING AND LEARNING RELATIONSHIPS WITH STUDENTS BOTH INSIDE AND OUTSIDE THE CLASSROOM, WHILE SIMULTANEOUSLY PURSUING SCHOLARLY RESEARCH THAT CONTRIBUTE TO THEIR KNOWLEDGE AND THAT SUPPORT THE UNIVERSITYS TEACHING MISSION. |
| Form 990, Part III, Line 4B | AUXILIARY ENTERPRISES APPROXIMATELY 80 OF BENTLEYS UNDERGRADUATE STUDENTS LIVE ON CAMPUS-PROVIDED HOUSING. RESIDENCE HALLS INCLUDE SINGLE, DOUBLE, TRIPLE, AND QUADRUPLE OCCUPANCY ROOMS AS WELL AS APARTMENTS AND SUITES. ALL OF THE RESIDENCE HALLS OFFER STUDENTS MODERN DAY AMENITIES. IN ADDITION, THE UNIVERSITY OFFERS RESIDENT STUDENTS SEVERAL DIFFERENT DINING OPTIONS FROM WHICH TO CHOOSE. |
| Form 990, Part III, Line 4C | STUDENT SERVICES OUR MORE THAN 100 STUDENT ORGANIZATIONS PROVIDE COUNTLESS OPPORTUNITIES FOR INVOLVEMENT, LEARNING AND LEADERSHIP. THE OFFICE OF STUDENT ACTIVITIES, WORKING WITH THE ASSOCIATION OF BENTLEY ACTIVITIES ABA, HELPS RECOGNIZE, SUPPORT AND MANAGE ALL OF OUR STUDENT ORGANIZATIONS AND VIBRANT COMMUNITY OF STUDENT LEADERS. |
| Form 990, Part III, Line 4D | OTHER PROGRAM SERVICES BENTLEYS BUSINESS-ORIENTED HIGH-TECH CENTERS AND LEARNING FACILITIES GIVE STUDENTS HANDS-ON EXPERIENCE WITH THE LATEST HARDWARE AND SOFTWARE IN FINANCE, INFORMATION SYSTEMS, MARKETING, ACCOUNTING AND LANGUAGES. OUR ACADEMIC CENTERS ENRICH STUDENTS WITH RESOURCES AND THOUGHT LEADERSHIP IN ARTS, ETHICS, INTERNATIONAL EDUCATION, AND SERVICE OPPORTUNITIES. |
| Form 990, Part VI, Section B, Line 11 | FORM 990 REVIEW PROCESS A FULL AND COMPLETE COPY OF THE FORM 990 AND ALL ITS ACCOMPANYING SCHEDULES WAS SENT ELECTRONICALLY TO THE UNIVERSITYS TRUSTEE AUDIT COMMITTEE IN APRIL FOR ITS REVIEW. UPON COMPLETION OF THAT REVIEW IN EARLY MAY, THE COMPLETE FORM 990 WAS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. |
| Form 990, Part VI, Section B, Line 12C | CONFLICT OF INTEREST POLICY MEMBERS OF THE UNIVERSITYS BOARD OF TRUSTEES AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH THE UNIVERSITY. THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES MAY PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. EACH TRUSTEE IS REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AS WELL AS DISCLOSE ANY POTENTIAL RELATED-PARTY TRANSACTIONS TO THE AUDIT COMMITTEE. WHEN SUCH A RELATIONSHIP EXISTS, THE UNIVERSITY REQUIRES THAT SUCH TRANSACTIONS BE CONDUCTED AT ARMS LENGTH, WITH TERMS THAT ARE FAIR AND REASONABLE TO THE UNIVERSITY. |
| Form 990, Part VI, Section B, Line 12C | FOR SENIOR MANAGEMENT, THE UNIVERSITY REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR GOVERNANCE OF EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH ENTITIES DOING BUSINESS WITH THE UNIVERSITY. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO APPROPRIATELY MANAGE THE ACTUAL OR PERCEIVED CONFLICT IN THE BEST INTEREST OF THE UNIVERSITY. |
| Form 990, Part VI, Section B, Line 15 | COMPENSATION POLICY SALARY AND BENEFIT COMPENSATION ARRANGEMENTS FOR THE PRESIDENT AND ALL OFFICERS ARE REVIEWED AND APPROVED IN ADVANCE OF ANY PAYMENT BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WHO IS INDEPENDENT OF MANAGEMENT AND FREE OF ANY CONFLICTS OF INTEREST THAT WOULD INTERFERE WITH THEIR EXERCISE OF INDEPENDENT JUDGMENT. THE COMPENSATION COMMITTEE REVIEWS OTHER NON-PROFIT ORGANIZATIONS FORMS 990, GENERAL SALARY SURVEYS AND STUDIES, AND THEN SUBMITS ITS RECOMMENDATIONS FOR APPROVAL BY THE FULL BOARD. IN ADDITION, THE UNIVERSITY PERIODICALLY ENGAGES AN INDEPENDENT PARTY THAT REVIEWS SALARY INFORMATION AND REPORTS RESULTS TO THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF TRUSTEES. DETAIL OF ALL DISCUSSIONS OF THE TRUSTEE COMPENSATION COMMITTEE IS CONTEMPORANEOUSLY DOCUMENTED. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE UNIVERSITYS PRESIDENT AND ALL OFFICERS IS REASONABLE AND SATISFIES THE REBUTTABLE PRESUMPTION OF TREASURY REGULATION SECTION 53.4958-6. |
| Form 990, Part VI, Section C, Line 19 | PUBLIC DISCLOSURE THE UNIVERSITYS PRINCIPAL GOVERNING DOCUMENTS, INCLUDING THE ARTICLES OF THE INCORPORATION AND BY-LAWS, ARE FILED WITH THE MASSACHUSETTS SECRETARY OF STATE AND THEREFORE AVAILABLE TO THE PUBLIC. THE UNIVERSITYS FINANCIAL STATEMENTS ARE POSTED ON THE UNIVERSITYS WEBSITE FOR PUBLIC VIEWING. REGARDING CONFLICT OF INTEREST, THE INDIVIDUAL FORMS SIGNED BY TRUSTEES AND OFFICERS ARE NOT AVAILABLE FOR PUBLIC INSPECTION BUT THE UNIVERSITYS FINANCIAL STATEMENTS DO INCLUDE A FOOTNOTE DISCUSSING RELATED-PARTY TRANSACTIONS. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE UPON REQUEST. |
| Form 990, Part XI, Line 9 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES INCLUDE CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OF 9,761,000 AND OTHER NONOPERATING ACTIVITIES 346,000. THE TOTAL FOR LINE 9 IS 9,415,000. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHVISTA HFS PARTNERS (OFFSHORE) | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2681GT | AddressLine1Txt |
| City | GRAND CAYMAN | CityNm |
| Country | CJ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 981315811 | EIN |
| Primary Activities | INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CJ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHVISTA GP IV LP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Share Of Total Income | $95,174 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $6,590,264 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHVISTA HFS PARTNERS (OFFSHORE) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | r | TransactionTypeTxt |
| Involved | $6,500,000 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part IV Line 3 | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY IS INVESTED IN HIGHVISTA HFS PARTNERS OFFSHORE. BENTLEY UNIVERSITY HOLDS 100 OF NONVOTING STOCK IN HIGHVISTA HFS PARTNERS AND HIGHVISTA GP IV HOLDS 100 OF VOTING STOCK. | ExplanationTxt |