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TRUSTEES OF DARTMOUTH COLLEGE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF DARTMOUTH COLLEGE (EIN 02-0222111)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-11
IRS object ID
201741319349300419
Schema version
2015v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-11T07:19:55-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020222111EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Trustees of Dartmouth CollegeBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRUSBusinessNameControlTxt
Phone6036463011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lebanon Street Suite 302 No 6015AddressLine1Txt
CityHanoverCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03755ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGail GoodnessPersonNm
Person TitleControllerPersonTitleTxt
Phone6036463001PhoneNum
Signature2017-05-11SignatureDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPhilip J HanlonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lebanon Street Suite 302 No 6015AddressLine1Txt
CityHanoverCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03755ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,660,597,832GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Group Exemption8204GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.dartmouth.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1769FormationYr
Legal Domicile StateNHLegalDomicileStateCd
Activity Or MissionDartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee10462TotalEmployeeCnt
Total Volunteers9800TotalVolunteersCnt
Total Gross UBI$21,253,796TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$18,137,253NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$376,972,265PYContributionsGrantsAmt
CY Contributions Grants$389,222,461CYContributionsGrantsAmt
PY Program Service Revenue$507,151,300PYProgramServiceRevenueAmt
CY Program Service Revenue$512,308,597CYProgramServiceRevenueAmt
PY Investment Income$500,657,906PYInvestmentIncomeAmt
CY Investment Income$278,456,548CYInvestmentIncomeAmt
PY Other Revenue$9,388,938PYOtherRevenueAmt
CY Other Revenue$16,796,481CYOtherRevenueAmt
PY Total Revenue$1,394,170,409PYTotalRevenueAmt
CY Total Revenue$1,196,784,087CYTotalRevenueAmt
PY Grants And Similar Paid$145,570,085PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$158,317,180CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$522,521,313PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$548,414,439CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$40,668,467CYTotalFundraisingExpenseAmt
PY Other Expenses$406,616,957PYOtherExpensesAmt
CY Other Expenses$484,497,558CYOtherExpensesAmt
PY Total Expenses$1,074,708,355PYTotalExpensesAmt
CY Total Expenses$1,191,229,177CYTotalExpensesAmt
PY Revenues Less Expenses$319,462,054PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,554,910CYRevenuesLessExpensesAmt
Total Assets BOY$7,265,439,165TotalAssetsBOYAmt
Total Assets EOY$7,256,079,813TotalAssetsEOYAmt
Total Liabilities BOY$1,951,120,434TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,242,774,597TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,314,318,731NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,013,305,216NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionDartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$673,231,144ExpenseAmt
Grant$148,167,936GrantAmt
Revenue$394,585,347RevenueAmt
Desc4a. Education and Academic Support: A Dartmouth education is unlike any other. Through person-to-person teaching and opportunities to create and apply knowledge on campus and across the globe, Dartmouth instills a love of learning among its students and empowers them for a lifetime of leadership. Academics at Dartmouth are innovative, interdisciplinary, international, and individualized for each student. Each student's experience is distinguished by breadth, depth, and personal connections with top faculty. The institution comprises the Faculty of the Arts & Sciences, and three professional schools: the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine. Dartmouth's 1,066-person faculty teaches and guides approximately 6,350 undergraduate and graduate students. Dartmouth's library system directly supports the research and teaching mission of Dartmouth College, as well as the life-long learning needs of the Dartmouth community, by providing access to approximately 105,000 digital resources such as indexes, databases and journals, 3.4 million print and digital books, 34,000 films and videos, 194,000 maps, 39,000 sound recordings and 462,000 photographs. State-of-the-art computing resources are available to faculty and students to foster innovation and excellence in research and in the curriculum.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$198,595,523ExpenseAmt
Grant$7,936,339GrantAmt
Revenue$16,329,152RevenueAmt
Desc4b. Research & Research Support: At Dartmouth, teaching and research are inextricably linked. Dartmouth offers undergraduate students a rigorous curriculum at the forefront of higher education and Dartmouth faculty pursue research at the highest levels of their disciplines. Students conduct independent study through one-on-one supervision with a faculty member or work as a member of a research group in state-of-the-art facilities. Dartmouth is home to world-class scholars in the Faculty of Arts & Sciences, the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine-which has strong ties to the Dartmouth-Hitchcock Clinic and the Mary Hitchcock Memorial Hospital. In addition, Dartmouth has more than 50 centers, institutes, research groups, and laboratories in areas ranging from medicine to social policy, from engineering to business. Many of these are interdisciplinary and join faculty and students from across the institution to work on complex issues. During fiscal 2016, faculty and others engaged in sponsored activity received $220.5 million in awards from external funding agencies.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$172,882,887ExpenseAmt
Grant$2,212,406GrantAmt
Revenue$101,394,098RevenueAmt
Desc4c. Campus Life: Our close-knit community is a distinctive and enduring feature of the Dartmouth experience. For students, the process of joining and adapting to a new community can be as educationally significant as their academic work. For this reason, Dartmouth invests resources in creating a community that is both stimulating and nurturing. Nearly 90% of Dartmouth undergraduates live on campus and Dartmouth's diverse dining facilities are the hub of many social activities. Athletics at Dartmouth compliment the overall academic and intellectual growth of Dartmouth students, with more than 75% of undergraduates participating in at least one of the 34 varsity teams, 35 club sports teams and several intramural leagues. In addition, facilities such as the Hanover Country Club, Dartmouth Skiway, and Morton Farm provide an opportunity for recreation and learning beyond the classroom. There are also more than 300 student groups which allow students to explore interests in diverse areas, including the arts, academics, activism, culture, politics, sustainability and others.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,044,709,554TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document2857IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10462EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryFRForeignCountryCd
Foreign CountryGMForeignCountryCd
Foreign CountrySPForeignCountryCd
Foreign CountryITForeignCountryCd
Foreign CountryNZForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (1)Form8282PropertyDisposedOfInd
Form8282 Filed1Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonController's OfficePersonNm
Phone6036463011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lebanon Street Suite 302AddressLine1Txt
CityHanoverCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03755ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Emily Bakemeier
Trustee3.00Yes (X)$0$0$0
Jeffrey Blackburn
Trustee0.10Yes (X)$0$0$0
Gail Boudreaux
Trustee3.00Yes (X)$0$0$0
R William Burgess Jr
Trustee3.00Yes (X)$0$0$0
James Coulter
Trustee3.00Yes (X)$0$0$0
Denise Dupre
Trustee3.00Yes (X)$0$0$0
Gregg Engles
Trustee3.00Yes (X)$0$0$0
Elizabeth Fascitelli
Trustee3.00Yes (X)$0$0$0
Nathaniel Fick
Trustee3.00Yes (X)$0$0$0
Annette Gordon-Reed
Trustee3.00Yes (X)$0$0$0
Margaret Hassan
Trustee3.00Yes (X)$0$0$0
William Helman IV
Trustee5.00Yes (X)$0$0$0
David Hodgson
Trustee3.00Yes (X)$0$0$0
Jeffrey Immelt
Trustee3.00Yes (X)$0$0$0
James Jackson
Trustee0.10Yes (X)$0$0$0
S Caroline Kerr
Trustee3.00Yes (X)$0$0$0
Richard Kimball
Trustee3.00Yes (X)$0$0$0
Morton Kondracke
Trustee3.00Yes (X)$0$0$0
Mitchell Kurz
Trustee3.00Yes (X)$0$0$0
Gregory Maffei
Trustee3.00Yes (X)$0$0$0
Sherri Oberg
Trustee3.00Yes (X)$0$0$0
John Replogle
Trustee3.00Yes (X)$0$0$0
John Rich
Trustee3.00Yes (X)$0$0$0
Laurel Richie
Trustee3.00Yes (X)$0$0$0
Carlos Rodriguez-Pastor Jr
Trustee3.00Yes (X)$0$0$0
Steven Roth
Trustee3.00Yes (X)$0$0$0
Erica Schultz
Trustee0.10Yes (X)$0$0$0
Peggy Epstein Tanner
Trustee3.00Yes (X)$0$0$0
Diana Taylor
Trustee3.00Yes (X)$0$0$0
Benjamin Wilson
Trustee3.00Yes (X)$0$0$0
Philip Hanlon
President40.00Yes (X)$1,001,088$0$250,128Yes (X)
Carolyn Dever
Provost40.00$688,208$0$95,682Yes (X)
Richard Mills
EVP39.90$624,056$0$36,033Yes (X)0.10
Michael Wagner
CFO39.50$333,355$0$40,877Yes (X)0.50
Duane Compton
Interim Dean, Geisel40.00$439,005$0$37,430Yes (X)
Robert Donin
General Counsel40.00$498,934$0$31,494Yes (X)
Lisa Hogarty
VP Campus Services37.60$324,702$0$35,4012.40Yes (X)
Robert Lasher
Sr VP for Advancement40.00$514,936$0$30,169Yes (X)
Michael Mastanduno
Dean of Faculty40.00$405,360$0$40,602Yes (X)
Pamela Peedin
Chief Investment Officer40.00$1,387,602$0$34,743Yes (X)
Paul Danos
Dean Emeritus,Tuck School (eff 7/15)40.00$764,705$0$35,237Yes (X)
Sydney Finkelstein
Professor of Management40.00$777,288$0$39,056Yes (X)
Richard Freeman Jr
Fmr Chair,Dept of Surgery40.00$710,107$0$36,669Yes (X)
Alan Green
Chair, Department of Psychiatry40.00$679,297$0$32,458Yes (X)
Michael Sullivan
Managing Director, Investment Office40.00$644,903$0$37,853Yes (X)
Martin Wybourne
Sr. Vice Prov Rsrch; Fm Interim Provost40.00$371,377$0$28,632Yes (X)
William Green
Prof & Former Dean, Geisel40.00$367,795$0$25,194Yes (X)
Ann Root Keith
COO Advancement; Fmr Interim Sr VP40.00$263,221$0$39,071Yes (X)
Wiley Souba
Prof & Fmr Dean,Geisel40.00$643,096$0$35,353Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$11,439,035TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$942,082TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K974IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Engelberth Construction Inc
428 Main StreetKeeneNH03431Construction and general contractor$12,809,707
Dartmouth Hitchcock Medical Center
One Medical Center DriveLebanonNH03756Medical Research$11,487,039
Cigna
900 Cottage Grove RoadBloomfieldCT06002Health Plan Administration$2,391,662
Estes & Gallup Inc
PO Box 240LymeNH03768Construction and general contractor$2,126,875
Tod Williams Billie Tsien Architects LL
222 Central Park SouthNew YorkNY10019Architects$2,118,051
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K136CntrctRcvdGreaterThan100KCnt
Fundraising$70,407FundraisingAmt
Government Grants$139,473,971GovernmentGrantsAmt
All Other Contributions$249,678,083AllOtherContributionsAmt
Noncash Contributions$46,055,397NoncashContributionsAmt
Total Contributions$389,222,461TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees611600$353,139,903$353,139,903
Auxiliary Service611710$76,081,069$70,762,775$5,318,294
Medical Related611600$45,827,951$45,827,951
All other611600$20,994,108$20,588,850$405,258
Other Education Related611600$16,265,566$16,262,066$3,500
FieldValueIRS element (for citing)
Total Program Service Revenue$512,308,597TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$53,176,514TotalRevenueColumnAmt
Unrelated Business Revenue$1,780,146UnrelatedBusinessRevenueAmt
Exclusion$51,396,368ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,368,377TotalRevenueColumnAmt
Exclusion$3,368,377ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$24,991,811RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$19,215,899RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$5,775,912RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,775,912TotalRevenueColumnAmt
Unrelated Business Revenue$203,045UnrelatedBusinessRevenueAmt
Exclusion$5,572,867ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,669,789,681SecuritiesAmt
Other$28,233OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,444,537,880SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$225,251,801SecuritiesAmt
Other$28,233OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$225,280,034TotalRevenueColumnAmt
Unrelated Business Revenue$13,543,553UnrelatedBusinessRevenueAmt
Exclusion$211,736,481ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$179,041FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$70,407ContriRptFundraisingEventAmt
Fundraising Direct Expenses$59,966FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$119,075TotalRevenueColumnAmt
Exclusion$119,075ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Split interest distribution525920$7,395,631$7,395,631
Other revenue900099$137,486$137,486
FieldValueIRS element (for citing)
Other Revenue Total$7,533,117OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,196,784,087TotalRevenueColumnAmt
Related Or Exempt Func Income$506,581,545RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$21,253,796UnrelatedBusinessRevenueAmt
Exclusion$279,726,285ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$757,755TotalAmt
Program Services$757,755ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$153,703,512TotalAmt
Program Services$153,703,512ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,855,913TotalAmt
Program Services$3,855,913ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,888,811TotalAmt
Program Services$1,031,977ProgramServicesAmt
Management And General$5,293,183ManagementAndGeneralAmt
Fundraising$563,651FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$1,910,865TotalAmt
Program Services$1,062,833ProgramServicesAmt
Management And General$431,465ManagementAndGeneralAmt
Fundraising$416,567FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$449,385,931TotalAmt
Program Services$376,914,905ProgramServicesAmt
Management And General$47,825,125ManagementAndGeneralAmt
Fundraising$24,645,901FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$31,301,600TotalAmt
Program Services$25,831,823ProgramServicesAmt
Management And General$3,702,341ManagementAndGeneralAmt
Fundraising$1,767,436FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$33,062,673TotalAmt
Program Services$26,329,506ProgramServicesAmt
Management And General$4,588,383ManagementAndGeneralAmt
Fundraising$2,144,784FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$25,864,559TotalAmt
Program Services$21,193,030ProgramServicesAmt
Management And General$3,183,444ManagementAndGeneralAmt
Fundraising$1,488,085FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$541,219TotalAmt
Program Services$539,216ProgramServicesAmt
Fundraising$2,003FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,901,056TotalAmt
Program Services$102,808ProgramServicesAmt
Management And General$1,798,248ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$658,363TotalAmt
Program Services$15,312ProgramServicesAmt
Management And General$633,051ManagementAndGeneralAmt
Fundraising$10,000FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$32,270TotalAmt
Management And General$32,270ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,849,690TotalAmt
Management And General$5,849,690ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$91,019,804TotalAmt
Program Services$84,356,650ProgramServicesAmt
Management And General$3,408,556ManagementAndGeneralAmt
Fundraising$3,254,598FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,873,788TotalAmt
Program Services$1,730,724ProgramServicesAmt
Management And General$86,183ManagementAndGeneralAmt
Fundraising$56,881FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,464,424TotalAmt
Program Services$18,965,278ProgramServicesAmt
Management And General$1,005,159ManagementAndGeneralAmt
Fundraising$2,493,987FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$15,693,656TotalAmt
Program Services$6,464,869ProgramServicesAmt
Management And General$8,817,112ManagementAndGeneralAmt
Fundraising$411,675FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$642,356TotalAmt
Program Services$640,132ProgramServicesAmt
Management And General$2,224ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$45,474,531TotalAmt
Program Services$42,198,630ProgramServicesAmt
Management And General$3,070,127ManagementAndGeneralAmt
Fundraising$205,774FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$27,692,850TotalAmt
Program Services$24,583,260ProgramServicesAmt
Management And General$1,309,236ManagementAndGeneralAmt
Fundraising$1,800,354FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,366,646TotalAmt
Program Services$2,142,583ProgramServicesAmt
Management And General$142,380ManagementAndGeneralAmt
Fundraising$81,683FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$48,609,499TotalAmt
Program Services$44,101,471ProgramServicesAmt
Management And General$4,485,050ManagementAndGeneralAmt
Fundraising$22,978FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$66,581,965TotalAmt
Program Services$61,772,620ProgramServicesAmt
Management And General$4,512,394ManagementAndGeneralAmt
Fundraising$296,951FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,180,019TotalAmt
Program Services$168,231ProgramServicesAmt
Management And General$984,251ManagementAndGeneralAmt
Fundraising$27,537FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Geisel Restructuring Ex$53,458,498$53,458,498
Other expenses$46,168,624$41,465,235$3,747,340$956,049
Net loss on Extinguishm$31,731,563$30,823,603$892,800$15,160
Purchase for resale$20,556,737$20,499,180$51,144$6,413

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,191,229,177TotalAmt
Program Services$1,044,709,554ProgramServicesAmt
Management And General$105,851,156ManagementAndGeneralAmt
Fundraising$40,668,467FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,210,449BOYAmt
EOY$8,346,640EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$271,237,986BOYAmt
EOY$198,534,394EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$186,371,870BOYAmt
EOY$229,503,134EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,113,844BOYAmt
EOY$28,108,934EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$80,252,957BOYAmt
EOY$82,793,156EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$2,780,465BOYAmt
EOY$2,488,768EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,899,590BOYAmt
EOY$19,473,032EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,790,123,664LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$835,201,389LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$968,902,086BOYAmt
EOY$954,922,275EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,571,548,549BOYAmt
EOY$1,472,363,629EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$4,107,214,260BOYAmt
EOY$4,197,217,130EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$3,418,272BOYAmt
EOY$2,292,116EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,488,837BOYAmt
EOY$60,036,605EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,265,439,165BOYAmt
EOY$7,256,079,813EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$64,112,375BOYAmt
EOY$98,204,585EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$42,522,931BOYAmt
EOY$41,047,680EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$533,739,998BOYAmt
EOY$545,064,999EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$50,668,620BOYAmt
EOY$49,526,886EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$47,567,583BOYAmt
EOY$46,064,811EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$512,600,000BOYAmt
EOY$656,300,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$699,908,927BOYAmt
EOY$806,565,636EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,951,120,434BOYAmt
EOY$2,242,774,597EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,298,045,779BOYAmt
EOY$1,090,902,792EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,772,957,507BOYAmt
EOY$2,570,505,674EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,243,315,445BOYAmt
EOY$1,351,896,750EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,314,318,731BOYAmt
EOY$5,013,305,216EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,265,439,165BOYAmt
EOY$7,256,079,813EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$5,554,910ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$338,249,493NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$31,681,068OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$332,464,631CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$333,926,852CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$328,376,339CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$376,972,265CurrentTaxYearMinus1YearAmt
Current Tax Year$389,222,461CurrentTaxYearAmt
Total$1,760,962,548TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$332,464,631CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$333,926,852CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$328,376,339CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$376,972,265CurrentTaxYearMinus1YearAmt
Current Tax Year$389,222,461CurrentTaxYearAmt
Total$1,760,962,548TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,760,962,548PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$83,590,566CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$77,282,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$72,389,012CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,467,488CurrentTaxYearMinus1YearAmt
Current Tax Year$79,292,998CurrentTaxYearAmt
Total$389,022,921TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$15,407,679CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,751,255CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,132,825CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$47,291,759TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,137,463CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,346,678CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,368,452CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,845,165CurrentTaxYearMinus1YearAmt
Current Tax Year$7,652,192CurrentTaxYearAmt
Total$26,349,950TotalAmt
FieldValueIRS element (for citing)
Total Support$2,223,627,178TotalSupportAmt
Gross Receipts Rltd Activities$2,403,131,054GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79190PublicSupportCY170Pct
Public Support PY1700.78930PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePart II, Line 10FormAndLineReferenceDesc
ExplanationOther income consists of income from split interest distributions, fundraising events and other miscellaneous income.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings MembersYes (1)MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other OrganizationsYes (1)GrantsOtherOrganizationsInd
Grants Other Organizations$32,270GrantsOtherOrganizationsAmt
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$13,345DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$45,615TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart II-B, Line 1:FormAndLineReferenceDesc
ExplanationTestimony was delivered to various committees of the State of New Hampshire Legislature for matters concerning higher education. Joined with NACUBO and other universities to hire a lobbying firm to work on amendments to the Commodity Exchange Act that are of concern to higher education. Meetings were held with US Senators and Congressional Representatives to discuss matters relating to federally funded research programs.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held29DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$14,493,657DonorAdvisedFundsContriAmt
Donor Advised Funds Grants$4,448,894DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$33,988,831DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SaleYes (1)SolicitedAssetsSaleInd
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,663,491,080BeginningYearBalanceAmt
Contributions$119,094,796ContributionsAmt
Investment Earnings Or Losses-$99,549,524InvestmentEarningsOrLossesAmt
Grants Or Scholarships$46,798,620GrantsOrScholarshipsAmt
Other Expenditures$161,834,083OtherExpendituresAmt
End Year Balance$4,474,403,649EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,468,219,689BeginningYearBalanceAmt
Contributions$59,579,814ContributionsAmt
Investment Earnings Or Losses$349,916,940InvestmentEarningsOrLossesAmt
Grants Or Scholarships$47,674,135GrantsOrScholarshipsAmt
Other Expenditures$166,551,228OtherExpendituresAmt
End Year Balance$4,663,491,080EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,733,596,412BeginningYearBalanceAmt
Contributions$147,989,901ContributionsAmt
Investment Earnings Or Losses$777,453,327InvestmentEarningsOrLossesAmt
Grants Or Scholarships$42,660,486GrantsOrScholarshipsAmt
Other Expenditures$148,159,464OtherExpendituresAmt
End Year Balance$4,468,219,690EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,486,383,419BeginningYearBalanceAmt
Contributions$34,505,250ContributionsAmt
Investment Earnings Or Losses$404,762,060InvestmentEarningsOrLossesAmt
Grants Or Scholarships$42,144,259GrantsOrScholarshipsAmt
Other Expenditures$149,910,058OtherExpendituresAmt
End Year Balance$3,733,596,412EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,413,406,772BeginningYearBalanceAmt
Contributions$60,905,749ContributionsAmt
Investment Earnings Or Losses$197,299,445InvestmentEarningsOrLossesAmt
Grants Or Scholarships$41,034,271GrantsOrScholarshipsAmt
Other Expenditures$144,194,276OtherExpendituresAmt
End Year Balance$3,486,383,419EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.24450BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.28750PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.46800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,158,177OtherCostOrOtherBasisAmt
Book Value$19,158,177BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,283,308,702OtherCostOrOtherBasisAmt
Depreciation$510,801,342DepreciationAmt
Book Value$772,507,360BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$339,917,541OtherCostOrOtherBasisAmt
Depreciation$241,556,330DepreciationAmt
Book Value$98,361,211BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$147,739,244OtherCostOrOtherBasisAmt
Depreciation$82,843,717DepreciationAmt
Book Value$64,895,527BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$954,922,275TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Private Equity/Venture Capital Limited Partnership$874,207,259F
Real Estate & Real Asset Limited Partnership$702,946,918F
Other Investments$1,582,248F
Fixed Income Securities and Commingled Funds$44,172,449F
Global Equity Commingled Funds$1,323,636,917F
Marketable Alternative Strategies Commingled Funds$1,155,293,917F
Investment Contributions in Advance$95,377,422F
FieldValueIRS element (for citing)
Total Book Value Securities$4,197,217,130TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
Mark to market liability on interest rate swap agreements$250,321,017
Employee Benefit Liabilities$420,709,910
Pending Trades Liability$82,685,555
Conditional asset retirement obligation$24,522,495
Government advance, student loans$20,660,045
Other$7,666,614
FieldValueIRS element (for citing)
Total Liability$806,565,636TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part III, Line 1a:Dartmouth's collections include works of art, literary works, historical treasures, and artifacts that are maintained in its museum and libraries. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sale to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since Dartmouth's inception, are not recognized as assets in the consolidated Statement of Financial Position. Purchases of collection items are recorded in the consolidated Statement of Activities as non-operating decreases in unrestricted net assets in the year in which the items are acquired or in temporarily restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not recorded in the consolidated financial statements.
Part III, Line 4:Collections at Dartmouth College exist in two primary areas: the Hood Museum of Art (the Hood) and the Dartmouth College library system. The Hood Museum of Art at Dartmouth College is one of the oldest and largest college museums in the country. The collections of the Hood, which number some 65,000 objects, are rich, diverse, and available for the use by both Dartmouth and the broader community. Access to works of art is provided through permanent collection displays, the online collections database, special exhibitions, the website, scholarly publications, and programs and events. These exhibits and programs are an exciting learning resource for students and the academic community. The Hood offers a vital curricular resource, a source for lectures, gallery talks, symposia, and receptions for the public, and an on-line database of thousands of works. The Dartmouth College Library fosters intellectual growth and advances the mission of Dartmouth College and affiliated communities by supporting excellence and innovation in education and research, managing and delivering information, and partnering to develop and disseminate new scholarship. The Rauner Special Collections Library houses Dartmouth's Archives, the Rare Books Collections, and the Manuscripts Collection. Dartmouth's Archives documents the history of the College through the historical records of the institution and the three professional schools, as well as the history of the surrounding area through selected collections related to local businesses and organizations. Totaling more than 100,000 volumes, Dartmouth's rare book collections constitute a resource of major importance to the institution and the scholarly world at large. The manuscript collections contain over six and a half million unique and original items. Dartmouth students, faculty, staff and outside researchers are all welcome to make use of Rauner Library's extensive holdings of rare books, manuscripts, and archival documents for their research.
Part IV, Line 2b:Certain donors have established irrevocable split-interest agreements with Dartmouth, primarily charitable gift annuities, pooled life income funds, and irrevocable charitable remainder trusts, whereby the donated assets are invested and a liability is recognized for distributions to be made in accordance with the agreements. In addition, Dartmouth maintains the Dartmouth Donor Advised Fund (DDAF) to enable philanthropic individuals and families to streamline the management of their charitable gifts. Through the DDAF, Dartmouth receives, invests and administers gifts to Dartmouth and other charitable organizations on the donors' behalf. For all residential rental properties and some commercial rental properties, Dartmouth collects a security deposit which it holds in escrow to be used, if necessary, to pay for damages identified when the property is vacated.
Part V, Line 4:Dartmouth's endowment plays a critical role in supporting the current and future work of Dartmouth. Its investment and spending policies are designed to balance the needs of current Dartmouth students with the needs of future generations of Dartmouth students. Earning long-term returns that maintain the inflation-adjusted purchasing power of the endowment underpins this concept of intergenerational equity. The endowment is composed of both restricted funds, for which donors designate a specific purpose for their gifts, and unrestricted funds. There are over 5800 separate funds that make up Dartmouth's endowment. Dartmouth's endowment spending policy seeks to balance the competing objectives of supporting the current generation of students and faculty with the need to preserve the endowment's purchasing power for future generations. Distributions from the endowment, which are approved annually by the Board of Trustees, are intended to support Dartmouth's mission by contributing funding to support financial aid, facilities, and a variety of needs in academic, research and student life activities.
Part X, Line 2:Dartmouth believes it has taken no significant uncertain tax positions.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3Dartmouth's racially nondiscriminatory policy is widely publicized through a variety of print and electronic media. The notification language set forth in Section 403 of Rev. Proc. 75-50 is included in Dartmouth's brochures and other publications which are available to the general public.
Schedule E, Part I, Line 6Dartmouth College received federal and state funding in support of its instructional and research programs.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (40 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Antarctica00Program ServicesResearch$9,537
Antarctica00Program ServicesEducation and educational consulting$1,535
Central America and the Caribbean00Investments$1,338,530,629
Central America and the Caribbean00Program ServicesResearch$20,214
Central America and the Caribbean00Program ServicesEducation and educational consulting$140,536
Central America and the Caribbean00Program ServicesStudy-abroad programs$147,734
Central America and the Caribbean00Program ServicesVolunteer services$62,185
East Asia and the Pacific00Program ServicesResearch$234,235
East Asia and the Pacific00Program ServicesEducation and educational consulting$821,740
East Asia and the Pacific02Program ServicesStudy-abroad programs$415,814
East Asia and the Pacific00Program ServicesVolunteer services$51,348
East Asia and the Pacific00Investments$107,900
Europe00Investments$21,854,932
Europe00Program ServicesResearch$1,655,254
Europe00Program ServicesEducation and educational consulting$1,341,856
Europe018Program ServicesStudy-abroad programs$2,996,238
Europe00Program ServicesVolunteer services$58,157
Middle East and North Africa00Program ServicesResearch$7,094
Middle East and North Africa00Program ServicesEducation and educational consulting$131,636
Middle East and North Africa01Program ServicesStudy-abroad programs$184,928
Middle East and North Africa00Program ServicesVolunteer services$11,700
North America00Program ServicesResearch$148,232
North America00Program ServicesEducation and educational consulting$225,654
North America00Program ServicesStudy-abroad programs$132,887
North America00Program ServicesVolunteer services$20,394
Russia and Neighboring States00Program ServicesStudy-abroad programs$39,888
Russia and Neighboring States00Program ServicesEducation and educational consulting$6,917
South America00Program ServicesResearch$179,139
South America00Program ServicesEducation and educational consulting$151,333
South America00Program ServicesStudy-abroad programs$304,855
South America00Program ServicesVolunteer services$63,805
South Asia00Program ServicesResearch$9,894
South Asia00Program ServicesEducation and educational consulting$172,610
South Asia00Program ServicesStudy-abroad programs$58,237
South Asia00Program ServicesVolunteer services$61,275
Sub-Saharan Africa00Program ServicesResearch$900,121
Sub-Saharan Africa00Program ServicesEducation and educational consulting$507,572
Sub-Saharan Africa01Program ServicesStudy-abroad programs$280,686
Sub-Saharan Africa00Program ServicesVolunteer Services$101,050
Sub-Saharan Africa00Investments$17,141,497
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee22ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee22TotalEmployeeCnt
Subtotal Spent$1,339,146,605SubtotalSpentAmt
Continuation Spent$50,144,643ContinuationSpentAmt
Total Spent$1,389,291,248TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEast Asia and the Pacific - Australia, Brunei, Burma, Cambodia,RegionTxt
Purpose Of GrantEducationPurposeOfGrantTxt
Cash Grant$13,360CashGrantAmt
Manner Of Cash DisbursementWireMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
Scholarships/Tuition RemissionCentral America and the Caribbean7$101,324Student scholarshipsFMV
Scholarships/Tuition RemissionEast Asia and the Pacific32$473,233Student scholarshipsFMV
Scholarships/Tuition RemissionEurope158$2,391,840Student scholarshipsFMV
Scholarships/Tuition RemissionMiddle East and North Africa11$172,847Student scholarshipsFMV
Scholarships/Tuition RemissionNorth America9$137,086Student scholarshipsFMV
Scholarships/Tuition RemissionRussia and Neighboring States4$53,642Student scholarshipsFMV
Scholarships/Tuition RemissionSouth America22$339,734Student scholarshipsFMV
Scholarships/Tuition RemissionSouth Asia3$47,682Student scholarshipsFMV
Scholarships/Tuition RemissionSub-Saharan Africa8$125,165Student scholarshipsFMV
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F Part I Line 2Grants distributed by Dartmouth consist primarily of scholarships, fellowships and related support given to Dartmouth students. Scholarships are awarded based on the financial need of the student. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Scholarships are credited to an individual student's account through the Banner Student Information System after the student is enrolled for the term (these credits are included in "non-cash assistance" in Part III above). Scholarship funds are withdrawn if the student ceases to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth faculty.
Schedule F, Parts I, II and IIIDartmouth keeps its books and records on the accrual basis of accounting. The information reported on Schedule F is also reported on the accrual basis of accounting.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Athletics FootballEvent1Nm
Gross Receipts Event1$89,010GrossReceiptsEvent1Amt
Charitable Contri Event1$41,950CharitableContriEvent1Amt
Gross Revenue Event1$47,060GrossRevenueEvent1Amt
Rent Facility Costs Event1$6,325RentFacilityCostsEvent1Amt
Food And Beverage Event1$12,324FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$6,381OtherDirectExpensesEvent1Amt
Event2Development RaffleEvent2Nm
Gross Receipts Event2$67,616GrossReceiptsEvent2Amt
Gross Revenue Event2$67,616GrossRevenueEvent2Amt
Non Cash Prizes Event2$4,510NonCashPrizesEvent2Amt
Other Direct Expenses Event2$18,299OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$92,822GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$28,457CharitableContriOtherEventsAmt
Gross Revenue Other Events$64,365GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$3,590NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$503RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$3,530FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$4,504OthDirectExpnssOtherEventsAmt
Gross Receipts Total$249,448GrossReceiptsTotalAmt
Charitable Contributions Tot$70,407CharitableContributionsTotAmt
Gross Revenue Total Events$179,041GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$8,100NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$6,828RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$15,854FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$29,184OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$59,966DirectExpenseSummaryEventsAmt
Net Income Summary$119,075NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (34 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Colby Sawyer College
541 Main StreetNew LondonNH03257020222120501(c)3$200,000Distribution from donor advised fund
Eastern College Athletic Conference
51 S Pearl StreetAlbanyNY12207043524094501(c)3$13,908Distribution from donor advised fund
Albert Schweitzer Fellowship
330 Brookline AvenueBostonMA02215131982786501(c)3$15,500Charitable Contribution
Friends of The Frost Place Inc
Ridge Road Box 74FranconiaNH03580264497702501(c)3$6,000Charitable Contribution
Walnut Hill School for the Arts
12 Highland StreetNatickMA01760042103636501(c)3$10,000Distribution from donor advised fund
Greenwich Academy
200 N Maple AveGreenwichCT06830060653118501(c)3$30,035Distribution from donor advised fund
Open Door Shelter Inc
4 Merritt StNorwalkCT06854222536909501(c)3$10,000Distribution from donor advised fund
Hopkins School
986 Forest RoadNew HavenCT06515060646674501(c)3$61,900Distribution from donor advised fund
New York Police and Fire Widow's Children's Benefit Fund
156 W 56th St 901New YorkNY10019133340675501(c)3$20,000Distribution from donor advised fund
Teach for America Inc
370 James Street Suite 404New HavenCT06513133541913501(c)3$10,000Distribution from donor advised fund
The Hildegard Behrens Foundation
276 Riverside DriveSuite 12FNew YorkNY10025273202407501(c)3$15,000Distribution from donor advised fund
Greenwich Country Day School
401 Old Church RoadGreenwichCT06830060646657501(c)3$65,000Distribution from donor advised fund
Planned Parenthood of Southern New England Inc
345 Whitney AvenueNew HavenCT06511060263565501(c)3$10,000Distribution from donor advised fund
The Ecolint-American Foundation
5824 Steeplechase DrivePlanoTX75093237056392501(c)3$10,000Distribution from donor advised fund
The Horace Mann School
231 West 246th StreetBronxNY10471131740455501(c)3$15,000Distribution from donor advised fund
Hedge Funds Care
330 7th Avenue Suite 2BNew YorkNY10001431959796501(c)3$25,000Distribution from donor advised fund
Icahn School of Medicine at Mount Sinai
One Gustave Levy Place Box 1049New YorkNY100296574136171197501(c)3$10,000Distribution from donor advised fund
Granite United Way
22 Concord Street Floor 2ManchesterNH03301026006033501(c)3$5,200Charitable Contribution
Greenwich Library
101 West Putnam AvenueGreenwichCT06830066002281501(c)3$10,000Distribution from donor advised fund
The Boy's Club of New York
287 East 10th StreetNew YorkNY10009135591750501(c)3$50,000Distribution from donor advised fund
Alzheimer's Association CT Chapter
200 Executive Blvd Ste 4BSouthingtonCT06489133039601501(c)3$10,000Distribution from donor advised fund
New Canaan Country School Inc
PO Box 997New CanaanCT06840060646765501(c)3$10,000Distribution from donor advised fund
Carver Foundation of Norwalk Inc
7 Academy StreetNorwalkCT06850060862072501(c)3$10,000Distribution from donor advised fund
Cristo Rey Network
19416 Stone Cress CtEdmondOK73012043730980501(c)3$60,000Distribution from donor advised fund
Bring Change 2 Mind
155 Sansome St Suite 530San FranciscoCA94104010974537501(c)3$10,000Distribution from donor advised fund
Legal Aid of North Carolina Inc
224 South Dawson StRaleighNC276011306311784161501(c)3$5,078Distribution from donor advised fund
Balch Hill LLC
101 E Wheelock StHanoverNH03755475660790$10,000Prize and awards
Baloonr Inc
13 Tamara CtOxfordOH45056474228383$25,000Prizes and awards
Decade Inc
1522 North DearbornChicagoIL60610320482607$6,000Prizes and awards
Incente LLC
19 Rocky Hill LaneLymeNH03768462520060$30,000Prizes and awards
Lodestone Biomedical LLC
14 Orchard Hill LaneHanoverNH03755472187055$19,500Prizes and awards
Gbowee Peace Foundation Africa-USA
25 East 21st St 7th FloorNew YorkNY10010472830073501(c)3$10,000Charitable contribution
New Hampshire College & University Council
3 Barrell Ct Ste 200ConcordNH03301020271139501(c)3$10,000Charitable contribution
Partners In Health
800 Boylston St Suite 1400BostonMA021998190043567502501(c)3$6,500Charitable contribution
FieldValueIRS element (for citing)
Total501c3 Org29Total501c3OrgCnt
Total Other Org5TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Scholarships/Tuition Remission3915$124,009$141,895,447FMVStudent Scholarships/tuition remission and employee tuition reimbursement
Fellowships864$11,530,441$13,286FMVStudent Fellowships/Employment
Internships684$1,434,657$595FMVStudent Paid Internships
Health Insurance Subsidy809$2,412$1,527,560FMVSubsidize health insurance cost for graduate students
Prizes and Awards620$522,411$78,471FMVAchievement recognition awards to individual students

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationGrants distributed by Dartmouth consist primarily of scholarships, fellowships and related support given to Dartmouth students. Scholarships are awarded based on the financial need of the student. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Scholarships are credited to an individual student's account through the Banner Student Information system after the student has enrolled for the term (these credits are included in "non-cash assistance" in Part III above) Scholarship funds are withdrawn if the student ceases to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth faculty. Dartmouth Ventures is an annual conference and contest on entrepeneurship sponsored by Tuck School of Business. The contest is open to any startup team or company having at least one member with a Dartmouth College affiliation. Entries are evaluated by a group of Dartmouth College alumni, entrepeneurs and expert business practitioners, on the basis of which business is most likely to create significant social and/or economic value.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Philip Hanlon
President$898,777$0$0$0$102,311$0$183,850$0$66,278$0$1,251,216$0$40,000$0
Carolyn Dever
Provost$686,472$0$0$0$1,736$0$23,850$0$71,832$0$783,890$0$0$0
Richard Mills
EVP$620,762$0$0$0$3,294$0$23,850$0$12,183$0$660,089$0$0$0
Michael Wagner
CFO$333,329$0$0$0$26$0$23,850$0$17,027$0$374,232$0$0$0
Duane Compton
Interim Dean, Geisel$361,343$0$75,000$0$2,662$0$22,935$0$14,495$0$476,435$0$0$0
Robert Donin
General Counsel$484,430$0$0$0$14,504$0$23,850$0$7,644$0$530,428$0$0$0
Lisa Hogarty
VP Campus Services$319,054$0$0$0$5,648$0$23,850$0$11,551$0$360,103$0$0$0
Robert Lasher
Sr VP for Advancement$477,059$0$25,000$0$12,877$0$23,850$0$6,319$0$545,105$0$0$0
Michael Mastanduno
Dean of Faculty$400,752$0$0$0$4,608$0$23,850$0$16,752$0$445,962$0$0$0
Pamela Peedin
Chief Investment Officer$526,230$0$859,386$0$1,986$0$23,850$0$10,893$0$1,422,345$0$0$0
Paul Danos
Dean Emeritus,Tuck School (eff 7/15)$740,632$0$0$0$24,073$0$23,850$0$11,387$0$799,942$0$0$0
Sydney Finkelstein
Professor of Management$772,360$0$0$0$4,928$0$23,850$0$15,206$0$816,344$0$0$0
Richard Freeman Jr
Fmr Chair,Dept of Surgery$710,081$0$0$0$26$0$23,850$0$12,819$0$746,776$0$0$0
Alan Green
Chair, Department of Psychiatry$650,218$0$0$0$29,079$0$23,850$0$8,608$0$711,755$0$0$0
Michael Sullivan
Managing Director, Investment Office$294,079$0$349,639$0$1,185$0$23,850$0$14,003$0$682,756$0$0$0
Martin Wybourne
Sr. Vice Prov Rsrch; Fm Interim Prov$371,351$0$0$0$26$0$23,850$0$4,782$0$400,009$0$0$0
William Green
Prof & Former Dean, Geisel$367,769$0$0$0$26$0$23,850$0$1,344$0$392,989$0$0$0
Ann Root Keith
COO Advancement; Fmr Interim Sr VP$261,942$0$0$0$1,279$0$23,354$0$15,717$0$302,292$0$0$0
Wiley Souba
Prof & Fmr Dean,Geisel$643,070$0$0$0$26$0$23,850$0$11,503$0$678,449$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1aFirst-class travel Dartmouth travel policy allows for first or business class air travel for business purposes in limited circumstances. Consistent with this policy, on infrequent occasions senior officers flew first class with the President's approval. The lack of a major commercial airport within 80 miles of Dartmouth requires use of charter air travel to fulfill the business travel requirements of the President. For this reason, the President and certain senior officers had access for business purposes to charter flight service, the cost of which was fully defrayed by private donations designated for this purpose. Travel for companions The President's wife, who is also an employee of Dartmouth, traveled with him for business purposes including participating in alumni events and meetings with key constituent donors on Dartmouth's behalf. Tax indemnification and gross-up payments During calendar 2015, Dartmouth elected to pay the tax obligations that arose from certain compensation transactions for one individual. These payments were treated as taxable compensation. Housing Allowance or residence for personal use Dartmouth provided housing for the President and Provost. These arrangements were for Dartmouth's convenience and a condition of employment and therefore were not taxable to the individuals. Personal Services Dartmouth provided housekeeping services for cleaning and maintaining the President's house. The value of services provided for personal living space was recognized as imputed income to the President.
Part I, Line 4bParticipate in or receive payments from Nonqualified Retirement Plans Dartmouth provided the President with a nonqualified 457(f) supplemental retirement plan. The Plan provided for annual credits to the plan subject to vesting requirements based on continuation of employment through set dates. The President received $80,000, and accrued $160,000 relative to the Plan during the calendar year 2015. $40,000 of the deferred compensation received had been reported in prior years, as reflected in Column F.
Part I, Line 7Duane Compton, Interim Dean of Geisel School of Medicine, received a performance bonus of $75,000 during calendar year 2015. Robert Lasher, Senior Vice President for Advancement, received a performance bonus of $25,000 during calendar year 2015. Pamela Peedin, Chief Investment Officer, received incentive compensation of $859,386 during calendar year 2015. Michael Sullivan, Managing Director in the Investment Office, received incentive compensation of $349,639 during calendar year 2015.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
New Hampshire Health & Educ Facilities Authority
A020279866644614FP92003-03-12$113,250,000Refund 6-1-93 issue000
New Hampshire Health & Educ Facilities Authority
B020279866644614RV32007-04-05$90,000,000Issue cost, new construction, capital renovations, equipment000
New Hampshire Health & Educ Facilities Authority
C020279866644614YG82009-06-18$207,389,690Refund 12-17-98 & 12-1-99 issues, issue cost, new constr, cap renovYes (1)00
New Hampshire Health & Educ Facilities Authority
D0202798662015-08-06$101,000,000Refund 04-01-02 series 2002 issue000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrBond DefeasedBondDefeasedAmt
A$51,650,000$1,125,000$1,125,000Yes (1)0Yes (1)Yes (1)
B$15,000,000$93,437,682$471,42900Yes (1)Yes (1)$3,437,682$89,528,5712009
C$164,890,998$1,042,393Yes (1)0Yes (1)Yes (1)$152,473$163,696,1322012$146,075,000
D$101,000,000Yes (1)0Yes (1)Yes (1)2005

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePct
A0000000
B0Yes (1)0000Yes (1)0.008300.00830
C0Yes (1)0000Yes (1)0.007800.00780
D0000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)0Yes (1)000Yes (1)
BYes (1)Yes (1)000Yes (1)
C00000000Yes (1)
D00Yes (1)0Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II, Entity 1, Line 3, Col AThe difference between issue price and total proceeds = ($112,125,000) to refinance prior issue.
Part II, Entity 1, line 3, Col BThe difference between issue price and total proceeds equals $3,437,682 of investment income.
Part II, Entity 1, Line 2, Col C$146,075,000 of the series 2009 issue was defeased by 2016A issue on April 29, 2016.
Part II, Entity 1, line 3, Col CThe difference between issue price and total proceeds equals the sum of ($42,651,166) to refinance prior issues and $152,473 of investment income.
Part II, Entity 2, Line 2, Col AThe outstanding balance of the 2007A issue ($89,665,000) was refunded by the 2015C ($45,000,000) and 2015D ($44,665,000) issues on August 06, 2015.
Part II, Entity 2, Line 6, Col BAs reflected in the IRS Form 8038 that was filed in connection with the issuance of the Series 2016A bonds, 100% of the proceeds of the issue were deposited on the issue date of the Series 2016A bonds in an irrevocable escrow fund to advance refund certain tax-exempt obligations issued for the benefit of the College in 2009. As reflected in a Verification Report dated April 29, 2016, which was prepared by a third party in connection with the issuance of the Series 2016A bonds, the aggregate yield of the investments in such escrow fund is less than the yield on the Series 2016A bonds for the yield computation period during which amounts in the escrow fund will remain unspent. Accordingly, no rebate liability has arisen or will arise under Code Section 148(f) with respect to the Series 2016A bonds, and no rebate computation was required to be prepared in connection with the Series 2016A bonds.
Part IV, Entity 1, line 2c, Col CArbitrage rebate calculation was prepared on November 8, 2013. The computation period was June 19, 2009 through June 18, 2013.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
New Hampshire Health & Educ Facilities Authority
A0202798662015-08-06$89,665,000Refund 04-05-07 series 07A issue000
New Hampshire Health & Educ Facilities Authority
B0202798662016-04-29$165,000,000Direct purchase that partially defeased 06-18-09 09A issue.000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRefunding EscrowRefundingEscrowAmt
A$89,665,0002009Yes (1)0Yes (1)Yes (1)
B$165,000,00020120Yes (1)Yes (1)Yes (1)$164,375,025

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.008900.000400.0093000Yes (1)
B0Yes (1)000.000100.0001000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)0Yes (1)000Yes (1)
B000Yes (1)Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (8 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
TPG
Dartmouth Trustee and TPG Founding Partner$28,952Capital Contribution0
(no name)
Capital Contribution0
TPG
Dartmouth Trustee and TPG Founding Partner$2,902,506Capital Distribution0
HWA 555 Owners LLC
Dartmouth Trustee and Owner of HWA 555 Owners, LLC$132,317Payments for rents in the ordinary course of business0
Mary Donin
Spouse of Key Employee$20,939Calendar 2015 compensation as an employee0
Gail Gentes
Spouse of Officer$49,719Calendar 2015 compensation as an employee0
Kathy Green
Spouse of Former Key Employee$58,035Calendar 2015 compensation as an employee0
Paul Young
Spouse of Officer$141,627Calendar 2015 compensation as an employee0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution14ContributionCnt
Noncash Contributions Rpt F990$20NoncashContributionsRptF990Amt
Method Of Determining Revenues$1 per allocationMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$5NoncashContributionsRptF990Amt
Method Of Determining Revenues$1 per allocationMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution880ContributionCnt
Noncash Contributions Rpt F990$45,484,022NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$571,336NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1NoncashContributionsRptF990Amt
Method Of Determining Revenues$1 per allocationMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1NoncashContributionsRptF990Amt
Method Of Determining Revenues$1 per allocationMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Horses5$5$1 per allocation
Yes (X)Self-created items3$3$1 per allocation
Yes (X)Specialized Equipment or Instruments3$3$1 per allocation
Yes (X)Miscellaneous1$1$1 per allocation
FieldValueIRS element (for citing)
Form8283 Received5Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Column (b):The number of contributions for publicly traded securities is determined by counting each set of securities donated. For all other contributions, the number is determined by the number of contributions comprising the specific type of donation.
Part I, Line 32b:Dartmouth occasionally uses third parties, including auction houses, to sell specialized items such as jewelry and art.
Part I, Line 33:Pursuant to Accounting Standards Codification 958 (ASC 958), Dartmouth does not capitalize its collections, including works of art, literary works, historical treasures and artifacts that are maintained in its museums and libraries. Non-cash contributions of this nature are, therefore, not recognized as revenue for financial statements purposes, except for a nominal value of $1 each. These collections are protected and preserved for public exhibition, education, research and the furtherance of public service. Other non-cash contributions with no readily ascertainable fair value or which are deemed immaterial are not recognized as revenue for financial statement purposes, except for a nominal value of $1 each.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, line 3During the year ended June 30, 2016, Dartmouth restructured a number of activities at the Geisel School of Medicine (Geisel) to address increasing financial constraints, to improve Geisel's education and research programs, and to align resources and support for these activities. These changes include: creation of a new department of Medical Education, reorganization of the Basic Science departments, and migration of the operations and fiscal responsibility for clinical academic activities from Dartmouth to Dartmouth-Hitchcock Clinic and Mary Hitchcock Memorial Hospital (operating jointly as "Dartmouth-Hitchcock"). Responsibility for the employment, finances, and operational support for clinical research programs, as well as the clinical practice of psychiatry, transferred from Geisel to Dartmouth-Hitchcock on July 1, 2016. The table below summarizes the $53,458,498 restructuring expense reported on Part IX, Line 24a: Faculty and Staff termination benefits $14,392,669 Financial support $18,272,798 Occupancy, research administration and other services $17,461,000 Consulting $ 3,332,031 Additional details of the restructuring expenses may be found in the footnotes to the audited consolidated financial statements.
Form 990, Part VI, Section B, line 11The 990 review process is as follows: A draft of the completed Form 990 is sent to the Audit Committee and a draft of the sections concerning compensation is sent to the Compensation Committee. The Compensation Committee may contact management or the Audit Committee with any questions or concerns on the compensation sections. The Audit Committee then meets with senior management personnel to review the process by which the Form 990 was prepared, discuss any items of significance, and resolve any questions. The Audit Committee then votes to accept the Form 990 based on management's representations. Prior to the return being filed, a draft of the complete Form 990 is provided to the full board. At the next meeting of the Board of Trustees, the Audit Committee reports to the full Board on the results of its review.
Form 990, Part VI, Section B, line 12cCompliance with Dartmouth's institution-wide Conflict of Interest policy (www.dartmouth.edu/~osp/resources/policies/dartmouth/cofinterest.html) is required by College policy. Compliance is enforced and monitored by the Office of the General Counsel, which reviews information concerning potential conflicts solicited from approximately 350 trustees, faculty, and staff members each year. Compliance with the requirements of the Policy concerning researchers engaged in externally sponsored research is enforced and monitored by the Office of the Provost, and particularly by the Office of Sponsored Projects and the Conflict of Interest Committee of the Council on Sponsored Activities which, in accordance with federal regulations, solicit information from researchers concerning financial interests that may affect or be affected by proposed research. In addition, the Office of the General Counsel and the Investment Office enforce and monitor compliance with the Policy on Pecuniary Benefit Transactions and Related Party Investments.
Form 990, Part VI, Section B, line 15The process for determining the compensation of Dartmouth's President and other officers and key employees is as follows: (1) Comparability data are gathered by the Chief Human Resources Officer from a compensation survey conducted by a nationally-known compensation consulting firm. (2) Recommendations for compensation adjustments for officers and key employees are prepared by the President, using comparability data and a review of the employee's performance. (3) The President's recommendations are presented for approval to the Compensation Committee of the Board, together with the comparability data. (4) Comparability data for the President's compensation is also presented to the Compensation Committee by the Chief Human Resources Officer. The Board of Trustees approves the President's compensation. The President and the Investment Committee jointly approve the Chief Investment Officer's compensation.
Form 990, Part VI, Section C, line 19Dartmouth makes its governing document (The Charter of Dartmouth College), conflict of interest policies and financial statements available to the public by posting these documents on its website.
Form 990, Part IX, Line 24c - Net Loss on Extinguishment of DebtIn April 2016, Dartmouth issued New Hampshire Health and Education Facilities Authority (NHHEFA) Revenue Bonds Dartmouth College Issue, Series 2016A in the amount of $165,000,000. The primary purpose of this issue was to refinance $146,075,000 of the NHHEFA Series 2009 Bonds. Future interest payments due to bondholders of $19,371,449, net of $2,593,760 unamortized issuance costs, totaling $16,777,689 is included in Loss on Extinguishment of Debt in Part IX, Line 24c. In addition, in April 2016, Dartmouth redeemed $100,000,000 of the Series 2009 taxable bonds and incurred a $14,953,874 make-whole call premium on the early redemption, which is also included in Loss on Extinguishment of Debt in Part IX, Line 24c.
Form 990, Part XI, line 9:Net unrealized change in value of non-investment items 33,234,708. Net change in split-interest agreements -1,553,637. Rounding -3.
Form 990 Part IV, Line 28c, Business Transactions with Interested Persons:A special and rigorous conflict-of-interest policy applies to Dartmouth investments with firms in which related parties (e.g., Trustees or non-Trustee Investment Committee members) have a financial interest. Under the New Hampshire Pecuniary Benefit Law (Revised Statutes Annotated, Chapter 7:19-a) and Dartmouth's Policy on Pecuniary Benefit Transactions and Related Party Investments, such investments are strictly regulated. Before such an investment may be made, the Investment Office must submit to the Board of Trustees an analysis (1) documenting the past performance of funds managed by the firm in question; and (2) comparing the terms of the proposed investment with the terms of other recent similar investments not involving related parties. The analysis must also document that Dartmouth's investment would not comprise more than 10% of the fund and that other institutional investors have committed to participate in the same fund. Based on this information, the proposed investment is considered by the Investment Committee of the Board of Trustees, the Audit Committee, and the full Board. In each instance, any Trustee or non-Trustee Investment Committee member associated with the firm involved in the investment must be recused from the discussion and vote. The investment may not be made unless the Investment Committee and the Board each give their approval by a two-thirds vote. Approval requires a finding that the proposed investment is fair and reasonable to Dartmouth and that it is no less favorable than the terms of similar recent investments made by Dartmouth not involving related parties. In accordance with State law, a notice of the proposed investment--identifying the related party, the investment firm, and the amount of the investment--is then filed with the State Attorney General's Office and published in the local daily newspaper.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Tuck Capital Partners Management LLC
100 Tuck HallHanoverNH03755475516892InvestmentsNH$0$99Trustees of Dartmouth College
TuckDEN Ventures Management LLC
100 Tuck HallHanoverNH03755475535191InvestmentsNH$0$99Trustees of Dartmouth College

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndLegal Domicile Foreign CountryLegalDomicileForeignCountryCdDirect Controlling NADirectControllingNACd
Dartmouth Educational Loan Corporation
7 Lebanon St Suite 302HanoverNH03755020362923Educational LoansNH501(c)(3)Line 11a, ITrustees of Dartmouth CollegeYes (1)
Centerra Marketplace Inc
7 Lebanon St Suite 302HanoverNH03755043369425Real Estate HoldingNH501(c)(25)Trustees of Dartmouth CollegeYes (1)
Seven Lebanon Street Inc
7 Lebanon St Suite 302HanoverNH03755020514301Real Estate HoldingNH501(c)(25)Trustees of Dartmouth CollegeYes (1)
South Street Downtown Holdings Inc
7 Lebanon St Suite 302HanoverNH03755020518373Real Estate HoldingNH501(c)(25)Trustees of Dartmouth CollegeYes (1)
Foundation for Jewish Life at Dartmouth
7 Lebanon St Suite 302HanoverNH03755020486238Real Estate HoldingNH501(c)(2)Trustees of Dartmouth CollegeYes (1)
Hamden Assurance Risk Retention Group Inc
30 Main Street Suite 330BurlingtonVT05401208530788InsuranceVT501(c)(3)Line 11a, IDartmouth-Hitchcock Clinic0
Dartmouth College Trust
7 Lebanon St Suite 302HanoverNH03755FundraisingTrustees of Dartmouth CollegeYes (1)UK
The Dartmouth Educational Association
3 Stoneview LaneSharonMA02067046045227Educational LoansMA501(c)(3)Line 11c, III-FI0N/A
Dartmouth-Hitchcock Medical Center
One Medical Center DriveLebanonNH037560001222715483Health Care AdministrationNH501(c)(3)Line 11a, I0N/A

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Northaven Capital Partners LP
275 Madison Ave 6th FloorNew YorkNY10016205997852Real Estate InvestmentNYN/ARelated$14,233,774$1,987,526000.43080
RP Realty Partners Retail Entrepreneurial Fund III-B LP
990 W 8th St Ste 600Los AngelesCA90071261340426Real Estate InvestmentCAN/ARelated$1,868,446000.99990
Sarofim Multifamily Partners II LP
8115 Preston Rd Suite 400DallasTX75225208782507Real Estate InvestmentTXN/ARelated-$331,129-$1,550,813000.50130
Tuck Capital Partners LP
100 Tuck HallHanoverNH03755383983593InvestmentsNHExempt0Yes (1)0.99000Trustees of Dartmouth College
TuckDEN Ventures LP
100 Tuck HallHanoverNH03755300887557InvestmentsNHExempt0Yes (1)0.99000Trustees of Dartmouth College

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
Charitable Remainder Unitrusts (87)
Fundraising/DevelopmentNHTrustees of Dartmouth CollegeT0
Pooled Income Funds (3)
Fundraising/DevelopmentNHTrustees of Dartmouth CollegeT0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (19 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Dartmouth Educational Loan Corporation
A$2,102,100Cost
Dartmouth Educational Loan Corporation
R$1,137,882Cost
Dartmouth Educational Loan Corporation
L$264,024Cost
Dartmouth Educational Loan Corporation
Q$153,548Cost
Foundation for Jewish Life at Dartmouth
L$77,016Cost
Foundation for Jewish Life at Dartmouth
S$67,748Cost
Foundation for Jewish Life at Dartmouth
R$167,497Cost
Seven Lebanon Street Inc
K$1,334,633Cost
Seven Lebanon Street Inc
S$524,000Cost
Seven Lebanon Street Inc
L$103,089Cost
South Street Downtown Holdings Inc
L$178,806Cost
South Street Downtown Holdings Inc
K$151,502Cost
South Street Downtown Holdings Inc
S$1,686,000Cost
Centerra Marketplace Inc
S$515,000Cost
Northaven Capital Partners
S$17,886,000Cost
RP Realty Partners Retail Entrepreneurial Fund III-B LP
S$7,681,081Cost
Sarofim Multifamily Partners II LP
S$1,000,000Cost
Charitable Remainder Trusts(8)
S$4,483,213Cost
Dartmouth College Trust
S$195,634Cost

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart IV, Charitable Remainder Trusts and Pooled Income FundsFormAndLineReferenceDesc
ExplanationDartmouth College controls a total of 87 Charitable Remainder Trusts and 3 Pooled Income Funds, all domiciled in the State of New Hampshire.ExplanationTxt