2018-04-13T15:41:23-07:00 2017-05-31 990 2016-06-01 590624440 Rollins College ROLL 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 32789 William H Short Asst Treasurer 2018-04-13 2016 2021-01-29 14:40:06Z 226315392 false false X www.rollins.edu X 1885 FL Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values. 29 28 2141 700 1173122 15553481 13793994 132582551 136896964 2933836 10403621 2236738 2038194 153306606 163132773 39541746 42518763 0 69814454 70631715 89686 127023 4305709 51116623 52865328 160562509 166142829 -7255903 -3010056 578228923 615604384 147156696 164506081 431072227 451098303 Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values. false false 126922801 115560439 Rollins College provided liberal arts and graduate educational courses to 3,278 students who took a combined 97,200 credit hours of classes; a total of 620 undergraduate and 222 graduate degrees were awarded; and a variety of other educational and cultural programs were offered to the community during the fiscal year ended May 31, 2017. 20471176 21370986 Rollins College operated various auxiliary enterprises including dining facilities, housing and other services for the convenience and well-being of its students, faculty and staff. 147393977 true true false false false false false true false true true false false false true true false true true true true false true true true false false false true true true false false false false false false false false true false true true false false true false false false false false true 4858 0 true 2141 true true true true OC false false true true true true false 0 false false false false false false false false false false X 29 28 false false false false false false false true true false true true false true true true true true true true false FL X X X William Short 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 Rodney C Adkins Trustee 5.00 0.00 X 0 0 0 Theodore B Alfond Vice Chairman 5.00 0.00 X X 0 0 0 Francis H Barker Trustee 5.00 0.00 X 0 0 0 Bruce A Beal Trustee 5.00 0.00 X 0 0 0 William H Bieberbach Trustee 5.00 0.00 X 0 0 0 Gregory S Derderian Trustee 5.00 0.00 X 0 0 0 Orlando L Evora Trustee 5.00 0.00 X 0 0 0 Jon W Fuller Trustee 5.00 0.00 X 0 0 0 Alan H Ginsburg Trustee 5.00 0.00 X 0 0 0 Carroll Hanley Goggin Trustee 5.00 0.00 X 0 0 0 Rick Goings Trustee 5.00 0.00 X 0 0 0 Thomas J Hauske Jr Trustee 5.00 0.00 X 0 0 0 Samuel M Hocking Jr Trustee 5.00 0.00 X 0 0 0 Kellee M Johnson Trustee 5.00 0.00 X 0 0 0 Susan Whealler Johnston Trustee 5.00 0.00 X 0 0 0 Allan E Keen Chairman 5.00 0.00 X X 0 0 0 Thomas G Kuntz Trustee 5.00 0.00 X 0 0 0 Gerald F Ladner Trustee 5.00 0.00 X 0 0 0 David H Lord Trustee 5.00 0.00 X 0 0 0 Patricia Loret de Mola Trustee 5.00 0.00 X 0 0 0 John C Myers III Trustee 5.00 0.00 X 0 0 0 Michael P O'Donnell Trustee 5.00 0.00 X 0 0 0 Robert B Ourisman Trustee 5.00 0.00 X 0 0 0 Dianne Rice Trustee 5.00 0.00 X 0 0 0 Eric A Spiegel Trustee 5.00 0.00 X 0 0 0 Philip E Tiedtke Trustee 5.00 0.00 X 0 0 0 Stacy Van Praagh Trustee 5.00 0.00 X 0 0 0 Erin J Wallace Trustee 5.00 0.00 X 0 0 0 Harold A Ward III Secretary 5.00 0.00 X X 0 0 0 Victor A Zollo Jr Trustee 5.00 0.00 X 0 0 0 Grant H Cornwell President 60.00 0.00 X X 541586 0 113849 Craig McAllaster Vice President 50.00 0.00 X 336935 0 46931 Carol M Bresnahan Vice President 50.00 0.00 X 157910 0 42887 Jeffrey G Eisenbarth VP, Treasurer 50.00 0.00 X 399152 0 37364 Laurie Houck Vice President 50.00 0.00 X 0 0 0 Mamta Accapadi Vice President 50.00 0.00 X 180008 0 32164 Susan R Singer Vice President 50.00 0.00 X 116848 0 17862 Faye Tydlaska Vice President 50.00 0.00 X 192816 0 44819 William H Short Asst Treasurer 50.00 0.00 X 144568 0 33545 Lorraine M Kyle Asst Secretary 60.00 0.00 X 127159 0 28917 Kathryn G Nichols Asst Secretary 40.00 0.00 X 38330 0 22385 Halil Kiymaz Professor 50.00 0.00 X 277374 0 39667 Jule Gassenheimer Professor 50.00 0.00 X 261607 0 14492 Greg W Marshall Professor 50.00 0.00 X 254362 0 26429 Ronald F Piccolo Professor 50.00 0.00 X 225752 0 36570 Mark W Johnston Professor 50.00 0.00 X 225525 0 41554 Ronald J Korvas Vice President 50.00 0.00 X 113168 0 17919 3593100 597354 85 true true false Lamm & Company Partners LLC 968 Lake Baldwin Lane Orlando FL 32814 Construction 2288540 Royall & Company 1920 E Parham Rd Richmond VA 232282206 Student marketing 466928 Ellucian Support Inc 14083 Collections Ctr Dr Chicago IL 60693 IT support/maintenan 306257 Prime Buchholz & Associates Inc PO Box 16011 Lewiston ME 042439588 Investment consultin 261280 Brasfield & Gorrie LLC 941 West Morse Blvd Winter Park FL 32789 Architect/engineer 258565 28 259545 856585 12677864 2035384 13793994 Auxiliary:Res Hall,Dining 21370986 21370986 Off-campus programs 766581 766581 Other student fees 1328853 1328853 Philanthropy/Oth programs 1138545 1138545 Student tuition 110875717 110875717 1416282 1416282 136896964 3970564 34461 -175933 4112036 0 11629 11629 4354823 3704376 650447 650447 650447 65833606 59400549 6433057 6433057 6433057 104757 259545 77694 27063 27063 0 0 Langford RCI, LLC 721110 1349055 1349055 1349055 163132773 136931425 1173122 11234232 0 42498063 42498063 20700 20700 0 2727820 2571634 156186 0 50396329 44779770 3527059 2089500 4408044 3710001 496160 201883 9489600 8136910 905877 446813 3609922 2906084 534033 169805 0 201238 4970 196268 214773 8000 206773 0 127023 127023 1083806 1083806 3674405 3302307 343278 28820 1433295 1175653 257642 4901092 3993574 630773 276745 3413484 3104147 215794 93543 13812 13812 8105151 6625525 1376972 102654 5407157 4349251 608375 449531 0 882634 674447 165599 42588 0 0 9664279 9150593 439495 74191 388350 332390 42459 13501 Food purchases 5294485 5294485 Off campus tuition,room,board 2096456 2096456 CFAM museum acquisitions 1965425 1965425 Facility/grounds R&M&Supplies 1714899 1618809 88318 7772 2410587 1632605 752828 25154 166142829 147393977 14443143 4305709 849409 17215393 18949212 27464964 10237771 10199493 1658243 2605961 0 0 1914419 1504660 213263 206954 948281 1373523 359487875 161700308 202118996 197787567 322379086 337380827 0 1590302 1125275 0 17369941 18739767 578228923 615604384 13151854 13426966 2738370 3738747 101476410 115577059 20385271 23129000 9404791 8634309 147156696 164506081 X 104394557 103406780 114498511 126070292 212179159 221621231 431072227 451098303 578228923 615604384 X -3010056 27991803 1083806 -6039477 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X Public tours, lectures, etc. false 342210795 3801136 37157638 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These collections are held for public exhibition, education and research in furtherance of the College's educational and public service mission. The collections are appropriately cared for and preserved and are subject to a College policy that requires the proceeds from sales, if any, of collection items to be used to acquire other items for the collection. Part III, Line 4: Description of organization's collections and how it furthers its purpose. Cornell Fine Arts Museum collection: The Cornell Fine Arts Museum has more than 5,000 works of art ranging from antiquity to contemporary and including the only European Old Masters collection in the Orlando area, a sizable American Art Collection, and the forward-looking Alfond Collection of Contemporary Art, shown both on campus and at The Alfond Inn. The display of a significant part of the contemporary collection at The Alfond Inn has taken the museum beyond the campus, effectively bringing our teaching mission into community and increasing the visibility of the collection exponentially. Cornell Fine Arts Museum mission and how accomplished: The Cornell Fine Arts Museum (CFAM) at Rollins College is a teaching museum that stimulates transformative encounters with works of art and integrates art learning into daily life for campus and community. CFAM educates, enriches and engages students and the public through original exhibitions drawn from the collection and on loan from US and international museums. CFAM programs include audio tours and gallery talks (both at the museum and at The Alfond Inn), lectures, panel discussions, as well as hands-on activities, special tours and scavenger hunts for the younger visitors. The museum offers free admission and free programs to all visitors. Part V, Line 4: Intended uses of the endowment fund. Endowment distribution supports expenditures such as Scholarships, Professor Salaries & Faculty Development, Library Resources, the Athletic Program, the Cornell Fine Arts Museum, Academic Program Support and Plant Maintenance. Part X : FIN48 Footnote The College's policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Nondiscriminatory policies are stated in advertisements soliciting student enrollment, in class schedules and in student recruiting brochures. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true East Asia and the Pacific 0 0 Program - Australia Semester study abroad 276735 Europe 0 1 Program - Asturias, Spain Semester study abroad 95402 Europe 0 0 Program - London Semester study abroad 410853 Europe 0 0 Program - Germany Semester study abroad 53167 South America 0 0 Program - Argentina Semester study abroad 5406 Europe 0 0 Program - Italy Semester study abroad 282978 Europe 0 0 Program - Lancaster, U.K. Semester study abroad 37646 Europe 0 0 Programs - France Semester & ST study abroad 158512 East Asia and the Pacific 0 0 Programs-China,Hong Kong,Japan Semester,ShortTrm&Study Abroad 159812 Europe 0 0 Programs - Germany Summer & ST study abroad 70859 Europe 0 0 Programs - Ireland & Scotland Semester, Summer Study Abroad 93290 Middle East and North Africa 0 0 Programs - Jordan & Morocco Semester study abroad 36600 Europe 0 0 Program-Senegal, France, Italy Semester study abroad 19450 South Asia 0 0 Programs - India Short-term study abroad 43043 East Asia and the Pacific 0 0 Program - Tibet Semester study abroad 19875 Europe 0 0 Programs - Spain Summer study abroad 190778 Central America/Caribbean 0 0 Programs - Costa Rica, Cuba Summer&short term study abroad 120808 Central America/Caribbean 0 0 Programs - Bahamas Short term study abroad 34912 Europe 0 0 Programs - Iceland &Greenland Semester study abroad 19000 South America 0 0 Programs - Ecuador & Chile Short term study abroad 66148 East Asia and the Pacific 0 0 Programs - Indonesia & Vietnam Semester study abroad 35325 Europe 0 0 Programs - Netherlands Semester & summer study abroad 70972 Sub-Saharan Africa 0 0 Program - Rwanda Short term study abroad 16080 1 1 2075214 242437 2317651 Scholarships East Asia/Pacific 1 17500 Scholarships FMV Scholarships Europe 3 3200 Scholarships FMV true false true true false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Potential grant recipients complete application forms specific to particular grant funding sources. The Financial Aid office reviews applications to assure that eligibility requirements such as GPA, credit hours, residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts are applied as non-cash credit to student accounts receivable to further assure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X X X X X X true Washburn & McGoldrick LLC 24 N Bryn Mawr Av 252 Bryn Mawr PA 19010 Assessment project false 46883 RUFFALO Noel 1025 Kirkwood Pkwy SW Cedar Rapids IA 52404 Phonathon false 43150 Pentera Inc 8650 Commerce Pk Indianapolis IN 46268 Planning and marketing false 20910 MainSpring Media Communic P O Box 396 Bedford NY 10506 Digital analysis & report false 16080 false false 127023 AL AK AR CA CO CT DC FL HI LA MA ME MD MI MN MS MO NH NC NY OH OK OR UT VA WA WV Starry, Starry Night 311777 222170 89607 11121 38322 21125 Legends Golf Tournament 29685 22770 6915 480 122 594 1 22840 14605 8235 5930 364302 259545 104757 480 11121 44374 21719 77694 27063 true 0 0 Scholarships - Crummer Graduate School 133 1400434 Tuition & related expenses Scholarships - Hamilton Holt School 44 133354 Tuition & related expenses Endowed Scholarships 779 12219287 Tuition & related expenses Donated Scholarships 184 837162 Tuition & related expenses Merit Scholarships 1043 16222814 Tuition & related expenses Athletic grants 185 3824520 Tuition & related expenses Rollins grants 609 5962573 Tuition & related expenses Cornell Scholars 28 1599017 Tuition & related expenses Government grants - college match 219 69570 Tuition & related expenses Other assistance 158 229332 Tuition & related expenses Grantmaker's Description of How Grants are Used Potential grant recipients complete application forms specific to particular grant funding sources. The Financial Aid office reviews applications to assure that eligibility requirements such as GPA, credit hours, residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts are applied as non-cash credit to student accounts receivable to further assure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X X X true true X X X X X X false true false false false false false false false false Carol M Bresnahan Vice President 157910 23460 19427 200797 Craig McAllaster Vice President 336935 27825 19106 383866 Faye Tydlaska Vice President 192816 20635 24184 237635 Grant H Cornwell President 541586 27825 86024 655435 Greg W Marshall Professor 254362 11357 15072 280791 Halil Kiymaz Professor 277374 17899 21768 317041 Jeffrey G Eisenbarth VP, Treasurer 399152 27825 9539 436516 Jule Gassenheimer Professor 261607 10409 4083 276099 Lorraine M Kyle Asst Secretary 127159 9690 19227 156076 Mamta Accapadi Vice President 180008 18439 13725 212172 Mark W Johnston Professor 225525 16772 24782 267079 Ronald J Korvas Vice President 113168 11054 6865 131087 Ronald F Piccolo Professor 225752 15733 20837 262322 William H Short Asst Treasurer 144568 15883 17662 178113 Part I, Line 1a: Relevant information in regards to selections on 1a. A Higher Educational Facili 900058227 34073TDT1 2012-03-14 48635258 Refund 02 OCEFA & Renovations false false false B Higher Educational Facili 900058227 34073TBU0 2010-04-29 37121260 Refund 08 OCEFA/Renovate capit false false false C Higher Educational Facili 900058227 34073TJE8 2016-08-18 38160904 Refund 07 OCEFA&Acq/Imp ed fac false false false A 6000000 48635258 434421 30835953 17364884 2012 false true false true B 420000 37124402 316260 8203142 28605000 2011 true false true true C 335000 38160904 22103383 4796 1082004 1052725 13917996 false true false true A false true true true false false false true B false true true true false 0.02000 0.02000 false false true C false true true true false 0.00300 0.00300 false false true A false true false false false false false true B false false true true false false false true C false false false true false false false true A true B true C true Part VI Part II, Column A, Line 12: The other spent proceeds relate to the advanced (A) and current (B) refunding proceeds of this issue.Part II, Column B & C, Line 3: The difference between the issue price and the total proceeds is the investment earnings of $3,142.Part IV, Column B, Line 2: An interim rebate calculation was performed on April 29, 2012 and it was determined that the issue met a spending exception. Sudie Eisenbarth Family member 78331 Employment services false Michelle Stecker Family member 28967 Employment services false Marguerite Cornwell Family member 123921 Employment services false X 8 391375 Appraisal X 18 1633116 X Dinner-Advancement Mtg 1 6515 Actual cost X Donor reception 1 3342 Actual cost X Dinner-Trustees' Mtg 1 1036 Actual cost false true false Client Note 1 Client Note 1 - Statement 7Form 990-T, Part II, Line 201. Total Contributions ..........................$ 155,726.2. Contributions Allowed in 2011 ................. 0.3. 2006 Expired Contributions ................... 6,569.4. Adjustments per Section 170(d)(2)(B) ......... 4,900.5. Carryover to 2011 (Line 1 less 2, 3, 4) ...... 144,257. Amount Amt Converted Deducted Tentative to NOL per Carryover Year Contribution in 2011 Carryover Sec 172(b)(2) to 2012 2006 $ 6,569. $ 0. $ 6,569. $ 0. $ Expired 2007 8,484. 0. 8,484. 0. 8,484. 2008 34,395. 0. 34,395. 0. 34.395. 2009 26,133. 0. 26,133. 0. 26,133. 2010 40,224. 0. 40,224. 4,900. 35,324. 2011 39,921. 0. 39,921. 0. 39,921. Totals $ 155,726. $ 0. $155,726. $ 4,900. $144,257. Form 990, Part VI, Line 11b: Form 990 Review Process Description of Form 990 review process:A review of the Form 990 excluding Schedule B is conducted by the President, CFO/VP Treasurer, AVP for Finance & Assistant Treasurer, and the Board of Trustees. Actionable questions or comments are addressed and resolved before the Form 990 is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Description of Conflict of Interest monitoring and enforcement:During the spring of each year the College canvasses all Trustees, who are asked to complete a Conflict of Interest disclosure form noting any membership(s) in for-profit boards and any not-for-profit boards. Additionally, they are asked to indicate whether they hold a 5% or greater ownership interest in these organizations. All College Officers, Directors, and Key Employees are also required to complete a Conflict of Interest disclosure form. Each College staff person as identified above, also signs a statement confirming whether or not a conflict exists. A summary document (spreadsheet) is prepared by the President's Office that includes all Trustees and Officers of the College. This document is presented to and reviewed in detail by the Audit Committee, usually at the May meeting each year. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Description of process of determining compensation of Officers and Key Employees [other than President]:Rollins College has a Compensation Committee chartered by the Board of Trustees. In addition to compensation areas related to the President, the Compensation Committee is also charged with reviewing a summary of the President's evaluation of the Vice Presidents, and reviewing and approving the President's recommendation for all elements of the compensation for the Vice Presidents. As to officers and key employees of the College below the level of Vice President, the compensation level is determined by the immediate supervisor and/or the head of the department, which is typically a Vice President or Dean of the College. In any case where the compensation approver is not a Dean or Vice President, at least two approvals of the immediate supervising manager and his or her manager at the next higher level is required. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Description of published documents:Rollins College publishes its Conflict of Interest Policy on its website, which is available to the general public. The College also publishes its audited financial statements and Form 990 online. The College's bylaws are not published or made available to the general public. Other Changes In Net Assets Or Fund Balances - Other Increases Change in FMV on SWAP agreement = $873000 Other Changes In Net Assets Or Fund Balances - Other Decreases Change in PV of split interest agreements = -$143875 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of pledges receivable = $163563 Other Changes In Net Assets Or Fund Balances - Other Decreases Investment mgmt fees to Part IX, Line 11f = -$1083806 Other Changes In Net Assets Or Fund Balances - Other Decreases Loss on early extinguishment of debt = -$5848359 Form 990, Part VI, Line 1a Honorary Trustees:(a)Honorary Trustees shall be entitled to attend all meetings of the Board of Trustees and all meetings of the Executive Committee, the Finance Committee, the Education Committee, and the Development and Alumni Relations Committee, but Honorary Trustees shall not be entitled to vote at meetings of the Board or at meetings of any committee of the Board except as provided below.(b)Honorary Trustees shall be eligible for appointment or election to any standing or special committee of the Board, and if appointed or elected, they shall be entitled to vote.Executive Committee:(a)The Board of Trustees exercises its responsibility for the overall supervision of the College between meetings of the Board through its Executive Committee. The Chairman of the Board is a member of the Executive Committee and Chairman thereof. The President of the College and the Vice Chairman of the Board are members of the Executive Committee. The Secretary of the College is the Secretary of the Executive Committee and keeps a full record of all of its transactions and proceedings. The Executive Committee performs such further functions as shall be specifically delegated or authorized by the Board of Trustees at a regular or special meeting.(b)The Executive Committee will:(1)Review regularly the functions and operations of the College;(2)Review and approve recommendations by the President of the College with respect to the functions and operations of the College;(3)Carry out the functions of the Board of Trustees between meetings of the Board. Holt Properties LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461788412 Acquire Real Property; Commercial Property Rental FL 275874 2929310 Rollins College Langford RCI LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461775419 Hotel and Conference Center FL 954055 39003739 Rollins College 57334 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462057006 Commercial Property Rental FL 57334 1092836 Rollins College 200 Fairbanks LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462064681 Commercial Property Rental FL Rollins College 220 Fairbanks LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462102091 Commercial Property Rental FL 22882 888583 Rollins College 400 Park South LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462075853 Commercial Property Rental FL 409299 11740653 Rollins College Lawrence Center LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462088367 Commercial Property Rental FL -114942 1770888 Rollins College false false false false false false false false false false false false false false false false false false false