2017-04-28T08:42:26-05:00 2016-06-30 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 12207 990 2015-07-01 150532078 Colgate University % JOSEPH S HOPE COLG 3152287422 13 OAK DRIVE HAMILTON NY 13346 JOSEPH S HOPE Treasurer 2017-04-27 true Phillip Groff P01247783 2672561756 2017-04-27 2015 2021-01-29 14:40:06Z JOSEPH S HOPE 13 OAK DRIVE HAMILTON NY 13346 433832354 false X WWW.COLGATE.EDU X 1819 NY SEE SCHEDULE O 37 35 3113 2000 -82848 -1418123 37035175 29779256 169378505 176505705 59379746 47305001 1467691 1499890 267261117 255089852 51282876 54272286 0 0 99621710 98577042 0 0 8314566 77030705 82321983 227935291 235171311 39325826 19918541 1401428675 1357903526 320175102 334365090 1081253573 1023538436 X SEE SCHEDULE O false false 206133853 54272286 176505705 TO PROVIDE A WORLD-CLASS AND DEMANDING UNDERGRADUATE EDUCATIONAL EXPERIENCE FOR A TALENTED AND DIVERSE GROUP OF APPROXIMATELY 2,900 STUDENTS. THE PURPOSE IS TO DEVELOP WISE, THOUGHTFUL, CRITICAL THINKERS AND PERCEPTIVE LEADERS BY ENCOURAGING YOUNG MEN AND WOMEN TO FULFILL THEIR POTENTIAL THROUGH RESIDENCE IN A COMMUNITY THAT VALUES ALL FORMS OF INTELLECTUAL RIGOR AND RESPECTS THE COMPLEXITY OF HUMAN UNDERSTANDING. 206133853 true true false true false false false true false true true true false false true true false true true true true false true false false false false true true true true false false false false false false false true true false true true false false true true true true false false true X 716 0 true 3113 true true true true false false false true true false false false false X 37 35 true false false false false false false true true false false true true true true true true true true false CA NY X JOSEPH S HOPE 3152287422 13 OAK DRIVE Hamilton NY 13346 JILL HARSIN INTERIM PRESIDENT 60.0 0.0 X X 329828 0 46254 BRION B APPLEGATE TRUSTEE 3.0 0.0 X 0 0 0 DEWEY J AWAD II TRUSTEE 3.0 0.0 X 0 0 0 DANIEL C BENTON TRUSTEE 3.0 0.0 X 0 0 0 GRETCHEN H BURKE TRUSTEE 3.0 0.0 X 0 0 0 CHRISTINE J CHAO TRUSTEE 3.0 0.0 X 0 0 0 H LEROY CODY JR TRUSTEE 3.0 0.0 X 0 0 0 CELIA A COLBERT TRUSTEE 3.0 0.0 X 0 0 0 GUS P COLDEBELLA TRUSTEE 3.0 3.0 X 0 0 0 ERIC A COLE TRUSTEE 3.0 0.0 X 0 0 0 NANCY C CROWN TRUSTEE 3.0 0.0 X 0 0 0 THOMAS W DEMPSEY JR TRUSTEE 3.0 3.0 X 0 0 0 KATHLEEN A DILL TRUSTEE 3.0 3.0 X 0 0 0 MARGARET D DUNNE TRUSTEE 3.0 0.0 X 0 0 0 STEPHEN J ERRICO TRUSTEE 3.0 0.0 X 0 0 0 GREGORY J FLEMING TRUSTEE 3.0 0.0 X 0 0 0 JEANNE A FOLLANSBEE TRUSTEE 3.0 0.0 X 0 0 0 CHRISTINE GALLAGHER TRUSTEE 3.0 3.0 X 0 0 0 ANDREW S GREENFIELD TRUSTEE 3.0 0.0 X 0 0 0 LINDA J HAVLIN TRUSTEE 3.0 0.0 X 0 0 0 MICHAEL J HERLING TRUSTEE 3.0 0.0 X 0 0 0 STEPHEN R HOWE JR TRUSTEE 3.0 0.0 X 0 0 0 WILLIAM A JOHNSTON TRUSTEE 3.0 0.0 X 0 0 0 RONALD A JOYCE TRUSTEE 3.0 3.0 X 0 0 0 THOMAS S BOZZUTO JR TRUSTEE (BEG. 6/11/2016) 3.0 0.0 X 0 0 0 DUNCAN L NIEDERAUER TRUSTEE 3.0 0.0 X 0 0 0 TERESA DELGADO TRUSTEE (BEG. 6/11/2016) 3.0 0.0 X 0 0 0 DANIEL L ROSENSWEIG TRUSTEE 3.0 0.0 X 0 0 0 ROBERT B SEABERG TRUSTEE 3.0 3.0 X 0 0 0 SAFWAN B SHABAB TRUSTEE 3.0 0.0 X 0 0 0 JOANNE D SPIGNER TRUSTEE 3.0 3.0 X 0 0 0 JOHN A HAYES TRUSTEE (BEG. 6/11/2016) 3.0 1.0 X 0 0 0 WILLIAM T WINTERS TRUSTEE 3.0 0.0 X 0 0 0 LEE M WOODRUFF TRUSTEE 3.0 0.0 X 0 0 0 BECKY B HURLEY TRUSTEE (BEG. 6/11/2016) 3.0 0.0 X 0 0 0 KRISTINA KOROSHETZ TRUSTEE (BEG. 6/11/2016) 3.0 0.0 X 0 0 0 DANIEL B HURWITZ CHAIRMAN 18.0 0.0 X 0 0 0 DENIS F CRONIN TRUSTEE (UNTIL 10/3/2015) 3.0 0.0 X 0 0 0 MARGARET A FLANAGAN TRUSTEE (UNTIL 9/12/2015) 3.0 0.0 X 0 0 0 ROBERT A KINDLER TRUSTEE (UNTIL 10/3/2015) 3.0 0.0 X 0 0 0 BRIAN HUTZLEY VP FOR FIN & ADMIN, TREASURER 50.0 0.0 X 316421 0 58667 ROBERT TYBURSKI VP & SENIOR ADVISOR, SECRETARY 50.0 0.0 X 248748 0 43081 MURRAY DECOCK SRVP FOR EXT REL, ADVAN & INIT 50.0 0.0 X 334765 0 72443 DOUGLAS HICKS FMR PROVOST UNTIL 6/30/15&PROF 50.0 0.0 X 290367 0 48180 SUZY NELSON VP & DEAN OF COLLEGE 50.0 0.0 X 238891 0 75154 CONSTANCE HARSH INTERIM DEAN OF FACULTY & PROV 50.0 0.0 X 199309 0 35349 JANE PINCHIN PROFESSOR 50.0 0.0 X 551679 0 16162 MICHAEL JOHNSTON PROFESSOR 50.0 0.0 X 356361 0 15217 JOSEPH HOPE CHIEF INVESTMENT OFFICER 50.0 0.0 X 331681 0 35871 MATTHEW LANGEL HEAD COACH MEN'S BASKETBALL 50.0 0.0 X 318511 0 39665 NANCY PRUITT PROFESSOR 50.0 0.0 X 315747 0 29744 JEFFREY HERBST FORMER PRES UNTIL 6/30/15&PROF 0.0 0.0 X 816726 0 92242 SCOTT BROWN FORMER KEY EMPLOYEE 50.0 0.0 X 133978 0 59541 BRUCE SELLECK FORMER KEY EMPLOYEE 50.0 0.0 X 194390 0 34397 4977402 0 701967 188 true true false LECHASE CONSTRUCTION SERVICES LLC 609 ERIE BOULEVARD WEST SYRACUSE NY 13204 CONSTRUCTION 8425802 SODEXO INC AFFILIATES PO BOX 352 BUFFALO NY 14240 FOOD SERVICE 4018656 CHARLES A GAETANO CONSTRUCTION CORP 258 GENESEE STREET UTICA NY 13502 CONSTRUCTION 3716166 THE HAYNOR HOYT CORPORATION 625 ERIE BLVD WEST SYRACUSE NY 13204 CONSTRUCTION 3032414 CHARTWELL'S PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 2989694 57 2194315 27584941 4823409 29779256 TUITION AND FEES 900099 146851057 146851057 SALES & SERVIES OF AUXILIARIES 900099 27891871 26768111 1123760 OTHER EDUCATION ACTIVITIES 900099 1762777 1762777 176505705 5565443 -1206608 6772051 83962 83962 175368 175368 696286 877681 -181395 0 -181395 -181395 217334986 20584 175699974 41635012 20584 41655596 41655596 0 0 3670764 2164847 1505917 1505917 0 255089852 175381945 -82848 50011499 939096 939096 50873535 50873535 2459655 2459655 0 2352577 2352577 768994 299967 45000 424027 73581927 60733349 8895150 3953428 6955154 5748437 809507 397210 9525364 8023176 972863 529325 5393026 4456331 629024 307671 5293407 4024621 1111672 157114 593856 451242 124954 17660 303099 230449 63654 8996 231329 175850 48609 6870 0 723553 550123 151954 21476 5652240 4291652 1192107 168481 0 0 1506657 1265592 112999 128066 0 626754 626754 9382669 8031961 707650 643058 0 0 9392601 9392601 0 13108075 11715627 1380476 11972 2159292 1265345 861558 32389 GENERAL OPERATING COSTS 19811038 16928629 2018411 863998 UTILITIES 4831759 4087790 594240 149729 REPAIRS & MAINTENANCE 3795347 3239081 449458 106808 LIBRARY ACQUISITIONS 2690759 2688316 1514 929 2219548 1282097 552092 385359 235171311 206133853 20722892 8314566 1992568 1627324 32601021 30233586 6965922 5278356 1848762 1699860 0 0 0 0 2644021 2315761 2198513 1868310 874444 1091412 625848076 237752401 356359978 388095675 232718398 172759924 747854847 738201926 0 0 0 0 15370201 14731392 1401428675 1357903526 21513873 29147671 0 0 13992135 12898925 234098900 239432705 0 0 0 0 0 0 0 0 50570194 52885789 320175102 334365090 X 334985689 339681458 374868897 309992844 371398987 373864134 1081253573 1023538436 1401428675 1357903526 X 19918541 -72678852 -4954826 X false true X true true true X 28093155 35991163 48101136 37035175 29779256 178999885 0 0 28093155 35991163 48101136 37035175 29779256 178999885 4631341 174368544 4085302 6625817 7585602 9161147 6521059 33978927 1925834 1925834 0 214904646 808727417 0.81138 0.80160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 132 false true 231329 231461 false Form 990, Schedule C, Part II-B, Line 1G COLGATE UNIVERSITY STAFF FROM TIME TO TIME SENDS LETTERS TO POLITICAL REPRESENTATIVES EXPRESSING OPINIONS ON CERTAIN LEGISLATION AND TOPICS. THE ESTIMATED AMOUNT OF EXPENSES INCURRED FOR THESE ACTIVITIES DURING THE CURRENT FISCAL YEAR IS $132. FORM 990, SCHEDULE C, PART II-B, LINE 1I COLGATE UNIVERSITY BELONGS TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. AGGREGATE DUES IN THE AMOUNT OF $200,000 WERE PAID DURING THE FISCAL YEAR AND REPORTED ON THIS RETURN. SOME PORTION OF THOSE DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES. IN ADDITION, COLGATE ALSO WORKED WITH OUTSIDE FIRMS TO LOBBY FOR GRANTS TO FUND CERTAIN CAPITAL PROJECTS. DURING THE CURRENT FISCAL YEAR THE AMOUNT PAID TO OUTSIDE FIRMS WAS $31,329. 476795 15809151 X X X X false 889678454 6886122 -30459782 16559332 24900590 328751 824316121 873163555 11573348 44376334 15051306 23682173 701304 889678454 775509811 27613657 105662687 13826837 21536247 259516 873163555 699409112 23508671 86258849 12920370 20475833 270618 775509811 710608283 21460984 -1478033 11759624 19180996 241502 699409112 0.22470 0.44120 0.33410 false false 36998216 36998216 452039364 156972159 295067205 7392670 7034536 358134 98103619 73745706 24357913 31314207 31314207 388095675 REAL ASSETS 75350061 F INTERMEDIATE TERM INVESTMENTS 61371331 F CASH EQUIVALENTS 81928697 F EQUITY INVESTEMENTS 53478220 F FIXED INCOME INVESTMENTS 10611611 F PRIVATE EQUITY 88777539 F VENTURE CAPITAL 25372602 F HEDGE 340326809 F OTHER 985056 F 738201926 0 ANNUITIES & DEF. GIVING ARRANG 16058632 POST-RETIREMENT BENEFIT OBLIGATIONS 24839869 FEDERAL STUDENT LOAN FUNDS 2236882 CONDITIONAL ARO 9750406 52885789 X FORM 990, SCHEDULE D, PART III, LINE 4 - DESCRIPTION OF ARTWORK THE PICKER ART GALLERY AT COLGATE UNIVERSITY SEEKS TO ENGAGE THE IMAGINATIONS, STIMULATE THE MINDS AND CAPTIVATE THE EYES OF ITS VISITORS - STUDENTS, FACULTY, STAFF, COMMUNITY MEMBERS AND TRAVELERS ALIKE. IT AIMS TO SERVE AS A LABORATORY FOR THE EXPLORATION AND PRESENTATION OF NEW IDEAS ABOUT AND RELATED TO ART; AS A FORUM FOR INTERDISCIPLINARY COLLABORATIONS GROUNDED IN VISUAL UNDERSTANDING; AS A BEACON OF EXCELLENCE IN ITS EXHIBITIONS, PROJECTS AND PUBLICATIONS; AND AS A SANCTUARY FOR THE CONTEMPLATION AND ENJOYMENT OF ART. THE LONGYEAR MUSEUM OF ANTHROPOLOGY IS MAINTAINED BY THE DEPARTMENT OF SOCIOLOGY AND ANTHROPOLOGY AS A TEACHING MUSEUM. THE COLLECTION OF ARCHAEOLOGICAL AND ETHNOLOGICAL MATERIALS, PRIMARILY RELATED TO THE AMERICAN INDIAN AND PALEOLITHIC IMPLEMENTS, INCLUDES THE MORTIMER C. HOWE COLLECTION OF AMERICAN INDIAN ARTIFACTS, THE HERBERT W. BIGFORD COLLECTION OF ONEIDA INDIAN ARCHAEOLOGY AND THE WALTER BENNETT COLLECTION OF IROQUOIS AND PRE-IROQUOIS ITEMS. THE ROBERT M LINSLEY GEOLOGY EXHIBITS MINERALS, ROCKS, AND FOSSILS, HIGHLIGHTING THE BEAUTY AND WONDER OF THESE OBJECTS WHILE ALSO INFORMING VISITORS ABOUT HOW GEOLOGISTS STUDY THE EARTH. THREADED THROUGHOUT THE MUSUEM IS A SPECIFIC FOCUS ON WHAT WE KNOW ABOUT NEW YORK STATE'S GEOLOGIC PAST. FORM 990, SCHEDULE D, PART V, LINE 4 - USE OF ENDOWMENT FUNDS THE ENDOWMENT IS MANAGED AND INVESTED TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE UNIVERSITY. EXAMPLES OF SUPPORT PROVIDED INCLUDE FINANCIAL AID, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS. FORM 990, SCHEDULE D, PART X, LINE 2 - UNCERTAIN TAX POSITIONS THE UNIVERSITY, INCLUDING COLGATE INN, LLC; HAMILTON INITIATIVE LLC; PALACE THEATRE, LLC; AND HAMILTON THEATRE, LLC, ALL SINGLE MEMBER LIMITED LIABILITY CORPORATIONS OF WHICH THE UNIVERSITY IS THE SOLE MEMBER, GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED BY THE RELEVANT TAXING AUTHORITY. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, PART 1, LINE 3 COLGATE UNIVERSITY FULLY SUBSCRIBES TO ALL FEDERAL AND STATE CIVIL RIGHTS LAWS BANNING DISCRIMINATION IN PRIVATE INSTITUTIONS OF HIGHER EDUCATION. THESE INCLUDE BUT ARE NOT LIMITED TO TITLE IX AND TITLE VI OF THE EDUCATION AMENDMENTS OF 1972, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, THE AMERICAN WITH DISABILITIES ACT, THE REHABILITATION ACT, AND THE NEW YORK STATE HUMAN RIGHTS LAW. COLGATE IS COMMITTED NOT ONLY TO COMPLIANCE WITH THESE LAWS BUT WITH PROMOTING A COMMUNITY THAT LIVES OUT THE VALUES THESE EQUAL OPPORTUNITY LAWS ENVISION. THE UNIVERSITY PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY ON ITS WEBSITE AND ANNUALLY IN THE UNIVERSITY CATALOGUE. FORM 990, SCHEDULE E, PART I, LINE 6A COLGATE UNIVERSITY PARTICIPATES IN THE TITLE IV AID PROGRAMS OF THE FEDERAL GOVERNMENT, RECEIVES RESTRICTED GRANTS AND UNRESTRICTED GIFTS FROM THE STATE OF NEW YORK AND WILL APPLY AS APPROPRIATE FOR GRANTS AWARDED ON A COMPETITIVE BASIS BY THE STATE OR FEDERAL GOVERNMENT. true East Asia and the Pacific 2 2 Program Services STUDY GROUPS 528524 Europe (Including Iceland and Greenland) 12 12 Program Services STUDY GROUPS 2381753 South Asia 1 1 Program Services STUDY GROUPS 49120 North America Investments 20273919 Sub-Saharan Africa Investments 1412871 Central America and the Caribbean Investments 305670529 East Asia and the Pacific Grantmaking 348459 Europe (Including Iceland and Greenland) Grantmaking 1961284 Middle East and North Africa Grantmaking 36714 South America Grantmaking 113199 15 15 15 15 332776372 332776372 SCHOLARSHIPS East Asia and the Pacific 19 348459 SCHOLARSHIPS Europe (Including Iceland and Greenland) 81 1961284 SCHOLARSHIPS Middle East and North Africa 9 36714 SCHOLARSHIPS South America 10 113198 true false true true true false FORM 990, SCHEDULE F, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S.: Financial aid ("grants") is awarded based on need as determined by an analysis of each applicants required submission of a College Scholarship Service Profile, a Free Application for Federal Student Aid (FAFSA), and (when applicable) federal tax returns. Grants awarded through the Financial Aid Office are disbursed directly to the student's tuition account where they are applied to educational charges. Grants are awarded in combination with an expected family contribution, if any, to meet an individual's educational program budget. Grants are reviewed annually for compliance by an independent audit firm. true HAMILTON CENTRAL SCHOOL 47 W KENDRICK HAMILTON NY 13346 156002230 PUBLIC SCHOOL 355279 GENERAL FUNDING VILLAGE OF HAMILTON 3 BROAD ST HAMILTON NY 13346 156001316 VILLAGE 143219 GENERAL FUNDING TOWN OF HAMILTON 16 BROAD ST HAMILTON NY 13346 156000972 TOWN 83624 GENERAL FUNDING PARTNERSHIP FOR COMMUNITY DEV 11 PAYNE ST HAMILTON NY 13346 161572206 501(C)(3) 50000 GENERAL FUNDING COMMUNITY MEMORIAL HOSPITAL 150 BROAD ST HAMILTON NY 13346 161603283 501(C)(3) 50000 GENERAL FUNDING COLGATE UNIV ALUMNI CORP 13 OAK DRIVE HAMILTON NY 13346 150532083 501(C)(3) 98324 GENERAL FUNDING FOUNDATION FIRE COMPANY #1 121 LEBANON ST HAMILTON NY 13346 222325504 501(C)(3) 20000 FIRETRUCK SOMAC PO BOX 453 HAMILTON NY 13346 222753658 501(C)(3) 133650 GENERAL FUNDING 5 3 SCHOLARSHIPS TO STUDENTS 1324 50873535 GRANT PROCEDURES COLGATE UNIVERSITY OFFERS GRANTS & LOANS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. STUDENTS MUST MEET CERTAIN ELIGIBILITY REQUIREMENTS. GRANTS AND LOANS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER SUPPORTING DOCUMENTATION TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. COLGATE ALSO OFFERS A LIMITED NUMBER OF ATHLETIC SCHOLARSHIPS (NON-NEED BASED) THAT ARE AVAILABLE FOR SELECT INTERCOLLEGIATE SPORTS. FORM 990, SCHEDULE I, PART II, LINE 1 COLGATE UNIVERSITY RECEIVES VARIOUS REQUESTS FOR GRANTS AND OTHER SUPPORT FROM LOCAL ENTITIES THROUGHOUT THE FISCAL YEAR. THE ENTITIES SELECTED TO RECEIVE GRANTS, AS LISTED IN PART II, ARE SELECTED TO RECEIVE FUNDING SOLELY FOR LOCAL PURPOSES. X X X X true true X X X X X true false false false false false false true true true JILL HARSIN INTERIM PRESIDENT 325726 0 0 0 4102 0 39649 0 6605 0 376082 0 0 0 BRIAN HUTZLEY VP FOR FIN & ADMIN, TREASURER 292507 0 0 0 23914 0 39649 0 19018 0 375088 0 0 0 ROBERT TYBURSKI VP & SENIOR ADVISOR, SECRETARY 245676 0 0 0 3072 0 36476 0 6605 0 291829 0 0 0 MURRAY DECOCK SRVP FOR EXT REL, ADVAN & INIT 322759 0 0 0 12006 0 29049 0 43394 0 407208 0 0 0 DOUGLAS HICKS FMR PROVOST UNTIL 6/30/15&PROF 270000 0 0 0 20367 0 33060 0 15120 0 338547 0 0 0 SUZY NELSON VP & DEAN OF COLLEGE 236509 0 0 0 2382 0 36936 0 38218 0 314045 0 0 0 CONSTANCE HARSH INTERIM DEAN OF FACULTY & PROV 198476 0 0 0 833 0 28744 0 6605 0 234658 0 0 0 JANE PINCHIN PROFESSOR 175482 0 0 0 376197 0 11627 0 4535 0 567841 0 0 0 MICHAEL JOHNSTON PROFESSOR 79240 0 0 0 277121 0 10049 0 5168 0 371578 0 0 0 JOSEPH HOPE CHIEF INVESTMENT OFFICER 225659 0 102900 0 3122 0 29266 0 6605 0 367552 0 0 0 MATTHEW LANGEL HEAD COACH MEN'S BASKETBALL 255148 0 60750 0 2613 0 33060 0 6605 0 358176 0 0 0 NANCY PRUITT PROFESSOR 77727 0 0 0 238020 0 8714 0 21030 0 345491 0 0 0 SCOTT BROWN FORMER KEY EMPLOYEE 131954 0 0 0 2024 0 16147 0 43394 0 193519 0 0 0 BRUCE SELLECK FORMER KEY EMPLOYEE 185296 0 0 0 9094 0 27792 0 6605 0 228787 0 0 0 JEFFREY HERBST FORMER PRES UNTIL 6/30/15&PROF 766230 0 0 0 50496 0 39279 0 52963 0 908968 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: EXPENSES FOR COMPANION TRAVEL WERE INCURRED BY ON A LIMITED BASIS. COLGATE ALLOWS COMPANION TRAVEL ONLY ON OCCASIONS WHERE THERE IS A SPECIFIC BUSINESS PURPOSE, SUCH AS ATTENDANCE AT FUNDRAISING EVENTS. THE BENEFIT IS INCLUDED IN THE INDIVIDUAL'S FORM W-2, WHERE APPROPRIATE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: HOUSING ALLOWANCES ARE GRANTED ONLY WHEN IT IS SPECIFICALLY STATED IN AN EMPLOYMENT CONTRACT. SUCH ALLOWANCES ARE APPROVED AS PART OF THE EMPLOYEE'S COMPENSATION PACKAGE. DEAN NELSON AND JEFFREY HERBST WERE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF THEIR EMPLOYMENT AND FOR THE CONVENIENCE OF COLGATE, THEREFORE THEIR HOUSING AMOUNTS WERE NOT TAXABLE AND NOT INCLUDED IN THEIR W-2. DEAN HICKS AND BRIAN HUTZLEY RECEIVED A HOUSING ALLOWANCE IN FISCAL YEAR 2016. THEREFORE, THEIR HOUSING AMOUNTS WERE INCLUDED IN THEIR W-2S. Health or social club dues: Joseph Hope was provided with a club membership. The membership was treated as taxable compensation and included in his W-2. PERSONAL SERVICES: THE FORMER PRESIDENT RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT THEIR CAMPUS RESIDENCE. SUCH SERVICES WERE STIPULATED IN THEIR EMPLOYMENT CONTRACT. THE BENEFIT IS INCLUDED IN THE INDIVIDUAL'S FORM W-2, WHERE APPROPRIATE. SCHEDULE J, PART I, LINE 7 The employment agreement for the Chief Investment Officer includes a provision for an incentive bonus based upon performance of the endowment portfolio and is determined and approved on an annual basis. SCHEDULE J, PART I, LINE 8 INTERIM PRESIDENT HARSIN WAS EMPLOYED AT COLGATE UNIVERSITY AS OF JULY 1, 1982 AND WAS NOT A DISQUALIFIED PERSON WITHIN THE MEANING OF SECTION 4958(F)(1); THEREFORE, THE INITIAL CONTRACT EXCEPTION APPLIES. SCHEDULE J, PART I, LINE 4A JANE PINCHIN, MICHAEL JOHNSTON, AND NANCY PRUITT RECEIVED A SEVERANCE PAYMENT BASED ON THE UNIVERSITY'S RETIREMENT TRANSITION INCENTIVE PROGRAM FOR TEACHING FACULTY. THE SEVERANCE PAYMENT AMOUNTS REPORTED TO THEM ON SCHEDULE J, PART II, COLUMN (B)(III), IS AS FOLLOWS: JANE PINCHIN $213,840 MICHAEL JOHNSTON $267,638 NANCY PRUITT $235,290 A MCCRC-SERIES 2010A 272499520 557363AS7 2010-05-25 36532630 CONST PROJECTS & REF SER 1999 false false false B MCCRC-SERIES 2012A 272499520 557363BJ6 2012-06-15 30709683 REFI OF SERIES 2003A & 2003B false false false C MCCRC-SERIES 2013A 272499520 557363BY3 2013-02-14 49773660 REFINANCE SERIES 2004 false false false D MCCRC-SERIES 2015A 272499520 557363CK2 2015-05-14 45563513 REFINANCE SERIES 2005A false false false A 2225000 0 36552015 0 0 0 662077 0 0 15039266 20850672 0 2012 true false true true B 2660000 0 30709683 0 0 0 568938 0 0 0 30140745 0 2012 false true true true C 0 0 49773660 0 0 0 744727 0 0 0 49028933 0 2013 false true true true D 0 0 45563513 0 0 0 781253 0 0 0 44782260 0 2015 false true true true A false false false false 0.00000 0.00010 0.00010 false false false true B false false false false 0.00000 0.00140 0.00140 false false false true C false true true true false 0.00000 0.00000 0.00000 false false false true D false false false true true 0.00000 0.00030 0.00030 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true PART IV, QUESTION 2C REBATE COMPUTATION PERFORMED ON: Part IV, Column B: 2012 - JUNE 15, 2012 Part IV, Column A: 2010 - APRIL 3, 2013 Part IV, Column C: 2013A - FEBRUARY 14, 2013 Part IV, Line 2b, Column D THE SIX MONTHS SPENDING EXCEPTION WAS MET DUE TO THE FACT PROCEEDS WERE USED FOR REFUNDING A PRIOR ISSUE WITHIN SIX MONTHS AFTER THE DATE OF ISSUANCE. SCHEDULE K, PART III, LINES 3C AND 3D, MCCRC-SERIES 2015A THERE ARE RESEARCH AGREEMENTS THAT INVOLVE THE USE OF BOND FINANCED SPACE WHICH THE UNIVERSITY ROUTINELY ENGAGES BOND COUNSEL TO REVIEW WHETHER ANY RESEARCH AGREEMENTS RESULT IN PRIVATE BUSNESS USE. BASED ON REVIEW, NO KNOWN PRIVATE BUSINESS USE IS EVIDENT. SCHEDULE K, PART II, LINE 3, MCCRC-SERIES 2010A THE TOTAL PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED BECAUSE THE AMOUNT REPORTED INCLUDES $19,385 OF INTEREST EARNINGS. SCHEDULE K, PART II, LINE 3, MMCRC-SERIES 2015B THE TOTAL PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED BECAUSE A MCCRC-SERIES 2015B 272499520 557363DH8 2015-07-08 55079749 NEW DORM AND OTHER CAMPUS PROJ false false false A 0 0 55079749 0 0 0 877758 0 0 3978663 0 50223328 false true false true A false false false false 0.00000 0.00060 0.00060 false false false true A false true false 0 false 0 false true A true Murray Decock Relative of Trustee 424027 SEE NOTE 1 false Marcelle Tyburski SPOUSE - SECRETARY 115898 SEE NOTE 1 false Keith Tyburski Son of Secretary 49694 SEE NOTE 1 false CATHERINE BAGWELL Spouse of Key Employee 134375 SEE NOTE 1 false JAMES A SMITH Former Trustee 45000 SEE NOTE 2 false NOTE 1 FISCAL YEAR 2016 COMPENSATION AS AN EMPLOYEE OF COLGATE UNIVERSITY. NOTE 2 CONDUCTED SERVICES TO AUTHOR THE HISTORY OF COLGATE FOR ITS UPCOMING BICENTENNIAL CELEBRATION. X 2 310900 FMV X 16050 FMV X 351 4352116 FMV X 2 350 FMV X 1 19300 FMV X EQUIPMENT 5 82557 FMV X TICKETS 6 3010 FMV X MISCELLANEOUS 43 39126 FMV 6 false true true Form 990, Schedule M, Part I, Column B BASED ON THE NUMBER OF CONTRIBUTIONS FORM 990, SCHEDULE M, PART I, LINE 32B ARRANGEMENTS WITH THIRD PARTIES OR RELATED ORGANIZATIONS. COLGATE UNIVERSITY GENERALLY USES NORTHERN TRUST AND CHARLES SCHWAB TO FACILITATE THE SALE OF PUBLICLY TRADED STOCK. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1 COLGATE UNIVERSITY'S MISSION IS TO PROVIDE A DEMANDING, EXPANSIVE EDUCATIONAL EXPERIENCE TO A SELECT GROUP OF DIVERSE, TALENTED, INTELLECTUALLY SOPHISTICATED STUDENTS WHO ARE CAPABLE OF CHALLENGING THEMSELVES, THEIR PEERS AND THEIR TEACHERS IN A SETTING THAT BRINGS TOGETHER LIVING AND LEARNING. THE PURPOSE OF THE UNIVERSITY IS TO DEVELOP WISE, THOUGHTFUL, CRITICAL THINKERS AND PERCEPTIVE LEADERS BY ENCOURAGING YOUNG MEN AND WOMEN TO FULFILL THEIR POTENTIAL THROUGH RESIDENCE IN A COMMUNITY THAT VALUES ALL FORMS OF INTELLECTUAL RIGOR AND RESPECTS THE COMPLEXITY OF HUMAN UNDERSTANDING. Form 990, Part V, Line 4B AUSTRALIA FRANCE GERMANY JAPAN SPAIN UNITED KINGDOM JAMAICA FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE HERLING AND KEY EMPLOYEE MURRAY DECOCK HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS TOGETHER WITH ITS TAX PROFESSIONALS TO GATHER THE REQUIRED INFORMATION NECESSARY TO PREPARE A DRAFT OF THE FORM 990. ONCE A DRAFT IS COMPLETED, IT IS THEN REVIEWED WITH THE AUDIT COMMITTEE, MANAGEMENT, AND THE TAX PROFESSIONALS. ONCE THE REVIEW IS COMPLETED AND EDITS ARE MADE, A COMPLETE COPY OF THE UNIVERSITY'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO THE FULL BOARD BEFORE ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER OF COLGATE UNIVERSITY IS REQUIRED TO COMPLETE ANNUALLY, IN WRITING, COLGATE'S DISCLOSURE FORM, WHICH REQUIRES DISCLOSURE OF (A) ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH COLGATE OR ANY AFFILIATED ORGANIZATIONS, AND (B) OTHER PERSONAL, FAMILY, FINANCIAL, OR BUSINESS RELATIONSHIPS THAT OTHERWISE COULD BE CONSTRUED TO AFFECT THE INDEPENDENCE OR UNBIASED JUDGMENT OF SUCH TRUSTEE OR OFFICER IN LIGHT OF HIS OR HER DECISION-MAKING AUTHORITY OR RESPONSIBILITIES FOR COLGATE. THE DISCLOSURE STATEMENTS ARE SUBMITTED TO THE TREASURER'S OFFICE AND ARE REVIEWED BY THAT OFFICE, OUTSIDE COUNSEL TO THE UNIVERSITY AND THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A REPORT IS MADE TO THE FULL AUDIT COMMITTEE AND THE BOARD OF TRUSTEES. IN THE EVENT A CONFLICT OF INTEREST IS IDENTIFIED, THE MATTER IS ADDRESSED INITIALLY BY THE AUDIT COMMITTEE AND, IF NECESSARY, BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A & 15B COLGATE UNIVERSITY HAS AN INDEPENENT COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET AND SURVEY DATA. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS, INCLUDING THE PRESIDENT, ALL OFFICERS, AND KEY EMPLOYEES, IS REASONABLE AND SATISFIES THE REBUTTABLE PRESUMPTION OF TREASURY REGULATION 53.4958-6. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY THE ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE. THE COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES FOR THE PURPOSE OF ASSISTING THE BOARD IN FULFILLING ITS RESPONSIBILITY TO THE ORGANIZATION AND THE COMMUNITY TO ENSURE THAT THE COMPENSATION COMPLIES WITH THE ORGANIZATION'S POLICIES. THE COMMITTEE IS COMPRISED OF TRUSTEES WHO ARE INDEPENDENT OF MANAGEMENT AND THE ORGANIZATION AND FREE OF CONFLICTS OF INTEREST, THEREBY PLACING THEM IN A POSITION TO EXERCISE INDEPENDENT JUDGMENT. PRIOR TO MAKING ANY COMPENSATION DECISIONS, THE EXECUTIVE COMPENSATION COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPENSATION DATA FROM COMPARABLE INSTITUTIONS. THE COMMITTEE CONTRACTS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES LOCAL AND NATIONAL COMPENSATION SURVEYS TO SET COMPENSATION LEVELS. FINALLY, THE EXECUTIVE COMPENSATION COMMITTEE ADEQUATELY AND CONTEMPORANEOUSLY DOCUMENTED THE BASIS FOR ITS COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C - DISCLOSURE THE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 Change in Value of Split Interest Agreements $(1,174,723) Other $(482,485) Postretirement Benefit Obligation $(3,297,618) Total $(4,954,826) COLGATE INN LLC 11 PAYNE STREET HAMILTON NY 13346 161601117 LODGING/FOOD NY 315770 9124109 COLGATE UNI HAMILTON INITIATIVE LLC PO BOX 219 HAMILTON NY 13346 161584169 REAL ESTATE NY 470267 6575070 COLGATE UNI PALACE THEATER LLC PO BOX 207 HAMILTON NY 13346 010549094 ENTERTAINMENT NY 12 1455174 COLGATE UNI HAMILTON THEATER LLC PO BOX 1895 7 LEBANON STREET HAMILTON NY 13346 050535870 ENTERTAINMENT NY 377887 1293159 COLGATE UNI COLGATE ALUMNI CORPORATION INC 13 OAK DRIVE HAMILTON NY 13346 150532083 ALUM. AFFAIRS NY 501(C)(3) 11 NA false CHARITABLE ANNUITY TRUSTS (1) SUPPORT NY NA Trust 0 0 true CHARITABLE UNITRUSTS (1) SUPPORT NY NA Trust 0 0 true POOLED INCOME FUNDS 13 OAK DRIVE HAMILTON NY 13346 SUPPORT NY NA Trust 0 0 true CRATSCRUTS - COLGATE IS NOT THE TRUSTEE 13 OAK DRIVE HAMILTON NY 13346 SUPPORT NY NA Trust 0 0 true false true false false false false false false false false false true true true false false true true Charitable Annuity Trusts S 66741 CASH