2017-04-28T13:23:23-05:00 2016-06-30 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2015-07-01 060646587 CONNECTICUT COLLEGE % CONTROLLER'S OFFICE CONN 8604392088 270 MOHEGAN AVENUE NEW LONDON CT 063204196 RICHARD A MADONNA JR VP FINANCE & ADMIN 8604392081 2017-04-28 true MARY-EVELYN ANTONETTI P00431862 8605223200 2015 2017-02-10 21:41:12Z RICHARD A MADONNA JR 270 MOHEGAN AVENUE NEW LONDON CT 06320 178058000 false X WWW.CONNCOLL.EDU X 1911 CT CONNECTICUT COLLEGE EDUCATES STUDENTS TO PUT THE LIBERAL ARTS INTO ACTION AS CITIZENS IN A GLOBAL SOCIETY. FOR ADDITIONAL INFORMATION, SEE SCHEDULE O. 30 29 2347 1125 -157000 0 27362000 10954000 118174000 119863000 16656000 17647000 516000 451000 162708000 148915000 31483000 32311000 0 0 70133000 68645000 0 0 7734000 42557000 45770000 144173000 146726000 18535000 2189000 465300000 445167000 106664000 105934000 358636000 339233000 X CONNECTICUT COLLEGE EDUCATES STUDENTS TO PUT THE LIBERAL ARTS INTO ACTION AS CITIZENS IN A GLOBAL SOCIETY. FOR ADDITIONAL INFORMATION, SEE SCHEDULE O. false false 86714000 32277000 86255000 *UNDERGRADUATE INSTRUCTION* THE TEACHING OF UNDERGRADUATE STUDENTS WORKING TOWARDS A FOUR-YEAR DEGREE IN ONE OF THE VARIOUS LIBERAL ARTS AND SCIENCES MAJORS OFFERED BY CONNECTICUT COLLEGE. THE COLLEGE'S ACADEMIC PROGRAMS IN THE ARTS, HUMANITIES, SCIENCES, AND SOCIAL SCIENCES ARE DESIGNED TO SHAPE ETHICAL, INFORMED CITIZENS WITH A GLOBAL PERSPECTIVE. HIGHLIGHTS OF THE ACADEMIC PROGRAM INCLUDE A STUDENT-FACULTY RATIO OF 9:1, FORTY-ONE MAJORS, 162 FULL-TIME PROFESSORS, LANGUAGE STUDY, RESIDENTIAL EDUCATION PROGRAMS, CERTIFICATE PROGRAMS, PRE-LAW, PRE-HEALTH AND PRE-BUSINESS PROGRAMS, AND SUPPORT FOR PURSUING FELLOWSHIPS AND SCHOLARSHIPS. 23580000 22474000 *AUXILIARY SERVICES* AUXILLIARY SERVICES INVOLVES RUNNING THE COLLEGE'S NUMEROUS DORMITORIES AND DINING FACILITIES. CONNECTICUT COLLEGE IS A RESIDENTIAL CAMPUS. NINETY-EIGHT PERCENT OF STUDENTS LIVE ON CAMPUS IN 23 RESIDENCE HALLS. FOUR DINING HALLS ON CAMPUS SERVE OUR STUDENTS IN A VARIETY OF CAPACITIES. THE COLLEGE EXTENDS THE TEACHING AND LEARNING EXPERIENCE WITHIN THE DORMITORIES. 4570000 34000 6232000 *STUDY AWAY* IS AN OPPORTUNITY FOR QUALIFIED STUDENTS TO STUDY AWAY FOR CREDIT ABROAD OR ELSEWHERE IN THE US. THE COLLEGE HAS A LONG TRADITION OF RECOGNIZING THE IMPORTANCE OF INT'L STUDIES AND STUDY AWAY AS RELECTED IN OUR MISSION STATEMENT: "CONNECTICUT COLLEGE EDUCATES STUDENTS TO PUT THE LIBERAL ARTS INTO ACTION AS CITIZENS IN A GLOBAL SOCIETY". 55% OF THE COLLEGE'S STUDENTS STUDY AWAY DURING THEIR JUNIOR YEAR THROUGH CAREFULLY SELECTED PROGRAMS. OUR STUDY AWAY/TEACH AWAY SENDS 10-20 STUDENTS AND FACULTY TO HOST INSTITUTIONS THROUGHOUT THE WORLD TO COMPLETE A FULL SEMESTER OF SCHOLARLY ACTIVITY WHILE BEING IMMERSED IN THE LOCAL CULTURE. 3604000 4821000 118468000 true true false true false false false true false true true true false false true true true false true true true false true false false false false false true true true false false false false false false false false false false true false false false false true true true false false true 426 0 true 2347 true true true true CJ false false false false false false X 30 29 false false false false false false false true true false false false true true true true true true true true true CT NY X CONTROLLER'S OFFICE 8604392081 270 MOHEGAN AVENUE NEW LONDON CT 063204196 KATHERINE BERGERON President 38.0 0.0 X X 466627 0 72887 DEBO P ADEGBILE TRUSTEE 1.0 0.0 X 0 0 0 NANCY M ATHEY TRUSTEE 1.0 0.0 X 0 0 0 DAVID W BARBER TRUSTEE 1.0 0.0 X 0 0 0 BRADFORD T BROWN TRUSTEE 1.0 0.0 X 0 0 0 EDUARDO CASTELL TRUSTEE 1.0 0.0 X 0 0 0 JONATHAN COHEN TRUSTEE 1.0 0.0 X 0 0 0 KEVON COPELAND TRUSTEE 1.0 0.0 X 0 0 0 T WILSON EGLIN FROM 7115 TRUSTEE 1.0 0.0 X 0 0 0 SARAH FENTON TRUSTEE 1.0 0.0 X 0 0 0 DEFRED G FOLTS TRUSTEE 1.0 0.0 X 0 0 0 CARLOS GARCIA TRUSTEE 1.0 0.0 X 0 0 0 SCOTT W HAFNER TRUSTEE 1.0 0.0 X 0 0 0 ROB HALE FROM 7115 TRUSTEE 1.0 0.0 X 0 0 0 MAURA MOHAN HALLISEY TRUSTEE 1.0 0.0 X 0 0 0 ELEANOR G HARDY FROM 7115 TRUSTEE 1.0 0.0 X 0 0 0 MARK IGER TRUSTEE 1.0 0.0 X 0 0 0 W ESTELLA JOHNSON TRUSTEE 1.0 0.0 X 0 0 0 KENNETH KABEL TRUSTEE 1.0 0.0 X 0 0 0 ERIC KAPLAN TRUSTEE 1.0 0.0 X 0 0 0 MARTHA JOYNT KUMAR TRUSTEE 1.0 0.0 X 0 0 0 LAURIE NORTON MOFFATT TRUSTEE 1.0 0.0 X 0 0 0 DAVID H PALTEN TRUSTEE 1.0 0.0 X 0 0 0 MARIA C PELLEGRINI TRUSTEE 1.0 0.0 X 0 0 0 SHARIS POZEN TRUSTEE 1.0 0.0 X 0 0 0 KAREN QUINT TRUSTEE 1.0 0.0 X 0 0 0 BLAKE M REILLY TRUSTEE 1.0 0.0 X 0 0 0 ANNIE SCOTT TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY YARBORO TRUSTEE 1.0 0.0 X 0 0 0 PAMELA D ZILLY TRUSTEE 1.0 0.0 X 0 0 0 ABIGAIL A VAN SLYCK DEAN OF THE FACULTY 38.0 0.0 X 236644 0 34119 BONNIE J WELLS SECRETARY OF THE COLLEGE 38.0 0.0 X 81507 0 8655 PAUL L MARONI VICE PRESIDENT FOR FINANCE 38.0 0.0 X 0 0 0 ANN W GOODWIN VP ADVANCEMENT 38.0 0.0 X 252075 0 46484 ULYSSES B HAMMOND VP ADMINISTRATION 38.0 0.0 X 309829 0 23638 PAMELA DUMAS SERFES VP COMMUNICATIONS 38.0 0.0 X 190948 0 40116 PETER A SIVER PROFESSOR 38.0 0.0 X 172394 0 50022 MARC M ZIMMER PROFESSOR 38.0 0.0 X 166716 0 63747 1876740 0 339668 60 false true false CAMBRIDGE ASSOCIATES LLC 100 SUMMER STREET BOSTON MA 02210 INVESTMENT ADVISORS 211000 KPMG LLP PO BOX 120001 DALLAS TX 75312 AUDIT FIRM 138000 KEELING AND ASSOCIATES LLC 55 HARRY KEMP WAY PROVINCETOWN MA 02657 CONSULTANTS 210000 BOUNDARIES LLC PO BOX 184 GRISWOLD CT 06351 ENGINEERS 157000 NOYES VOGT ARCHITECTS 191 MIDDLESEX AVE SUITE 2A CHESTER CT 06412 ARCHITECTS 136000 10 10954000 4205000 10954000 TUITION 611710 86255000 86255000 ROOM AND BOARD, AUX. SERVICES 721310 22474000 22474000 STUDY AWAY 611710 6232000 6232000 OTHER PROGRAM SERVICE REVENUE 900099 2075000 2071000 4000 GRANT AND CONTRACT INCOME 900099 1931000 1931000 896000 819000 77000 119863000 4270000 -238000 4508000 0 0 211000 259000 -48000 0 -48000 -48000 26065000 16196000 17319000 11565000 8746000 4631000 13377000 13377000 0 0 0 SNACK SHOP REVENUE 713940 404000 404000 BOOKSTORE 451211 95000 95000 499000 148915000 119782000 -157000 18336000 0 32277000 32277000 34000 34000 0 1475000 589000 766000 120000 0 49422000 39620000 6555000 3247000 4098000 3155000 574000 369000 10049000 6571000 2356000 1122000 3601000 2773000 504000 324000 0 254000 254000 146000 146000 0 0 2531000 2531000 2141000 1207000 812000 122000 79000 36000 42000 1000 6620000 5614000 673000 333000 783000 230000 553000 21000 21000 8450000 7580000 383000 487000 1763000 1470000 168000 125000 0 944000 422000 450000 72000 3455000 2802000 599000 54000 0 9234000 6869000 1091000 1274000 999000 999000 STUDY AWAY PROGRAMS 4433000 4433000 BOOKS AND PERIODICALS 1560000 1539000 5000 16000 LICENSES, FEES, AND PERMITS 504000 221000 246000 37000 MEMBERSHIPS 289000 106000 173000 10000 1564000 899000 644000 21000 146726000 118468000 20524000 7734000 23000 23000 18889000 17923000 29616000 23298000 301000 470000 0 0 0 0 1723000 1533000 956000 721000 1058000 1054000 268370000 156943000 113951000 111427000 160075000 159937000 122474000 113716000 0 0 0 0 16234000 15065000 465300000 445167000 16644000 17893000 0 0 2722000 2011000 79010000 77895000 0 0 0 0 0 0 0 0 8288000 8135000 106664000 105934000 X 81108000 73426000 110335000 96361000 167193000 169446000 358636000 339233000 465300000 445167000 X 2189000 -20617000 -975000 X false true X true true true X 24105000 17700000 18201000 27362000 10954000 98322000 0 0 24105000 17700000 18201000 27362000 10954000 98322000 17711000 80611000 5152000 11702000 12421000 6857000 4481000 40613000 120000 179000 192000 119000 81000 691000 555000 538000 498000 509000 499000 2599000 142225000 567532000 0.56678 0.70194 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true PART II-B, LINE 1, LOBBYING ACTIVITIES: THE COLLEGE PAYS DUES TO VARIOUS ORGANIZATIONS, SOME PORTION OF WHICH MAY BE USED IN CONNECTION WITH ISSUES THAT IMPACT HIGHER EDUCATION. X X X false 274617000 6613000 -6297000 6080000 3840000 265013000 268233000 7675000 5091000 5637000 745000 274617000 228080000 9316000 39443000 5190000 3417000 268232000 202750000 2417000 26920000 4764000 -758000 228081000 203713000 2788000 1140000 4391000 500000 202750000 0.17000 0.56000 0.27000 true true true 1080000 1080000 192153000 99218000 92935000 0 0 0 53077000 46810000 6267000 22060000 10915000 11145000 111427000 PRIVATE EQUITY 11595000 F VENTURE CAPITAL 15927000 F HEDGE FUNDS 48204000 F INFLATION HEDGING 26150000 F DISTRESSED DEBT 8089000 F SPLIT INTEREST AGREEMENT 3751000 F 113716000 0 OBLIGATIONS- CAPITAL LEASE 1865000 INTEREST AGREEMENTS 4756000 FOR STUDENT LOANS 1514000 8135000 X 92612000 -20617000 -975000 -21592000 114204000 2531000 32180000 34711000 148915000 112015000 259000 259000 111756000 2531000 32439000 34970000 146726000 PART III, LINE 1A: SFAS116 (ASC958) FOOTNOTE LIBRARY AND ART COLLECTIONS ARE NOT RECOGNIZED IN ASSETS ON THE BALANCE SHEET. PURCHASES OF SUCH COLLECTIONS ARE RECORDED AS DECREASES IN NET ASSETS IN THE PERIOD IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. PART III, LINE 4: ORGANIZATION'S COLLECTIONS THE CHARLES E. SHAIN LIBRARY HOLDS APPROXIMATELY 300 PIECES OF ART, AS WELL AS 25,000 RARE BOOKS AND 1,300 LINEAR FEET OF MANUSCRIPTS, PHOTOGRAPHS AND OTHER ARCHIVAL MATERIAL. MOST OF THE ART COLLECTIONS CONSIST OF 20TH CENTURY CHINESE PAINTINGS AND JAPANESE PRINTS. THERE IS ALSO A SMALL NUMBER OF CONTEMPORARY OIL PAINTINGS ON CANVAS BY COLLEGE FACULTY, AND THREE BY THE FRENCH ARTIST LEON BRUNET. BOOKS AND ARCHIVAL MATERIALS ARE ROUTINELY USED IN CLASSROOM INSTRUCTION AS WELL AS FOR STUDENT PROJECTS. ARTWORK IS USED FOR OCCASIONAL CLASSROOM INSTRUCTION AND IS ROTATED THROUGH THE EXHIBIT SPACE IN THE CHARLES CHU ASIAN ART READING ROOM. THE CONNECTICUT COLLEGE ARBORETUM IS 750 ACRES OWNED BY CONNECTICUT COLLEGE AND OPERATED FOR THE BENEFIT OF THE COLLEGE AND THE COMMUNITY. THE ARBORETUM FUNCTIONS IN SUPPORT OF THE COLLEGE'S MISSION BY HELPING TO PREPARE MEN AND WOMEN FOR A LIFETIME OF LEARNING ABOUT AND INTERACTING WITH THE NATURAL WORLD. THIS IS ACCOMPLISHED BY PROVIDING AN OUTDOOR LABORATORY FOR USE BY FACULTY AND STUDENTS TO SUPPORT AND CONDUCT RESEARCH IN A BROAD RANGE OF SUBJECTS, INCLUDING ECOLOGY, FIELD BIOLOGY, CONSERVATION AND NATURAL HISTORY. THE ARBORETUM PROVIDES STEWARDSHIP OF COLLEGE LANDS BY PROTECTING, SUSTAINING AND ENHANCING BIOLOGICAL DIVERSITY OF LARGE TRACTS OF OPEN SPACE, AND PROVIDES LEADERSHIP STATEWIDE AND BEYOND IN CONSERVATION MATTERS. PART OF THE ARBORETUM'S MISSION IS TO MAINTAIN, DEVELOP AND INTERPRET WELL-DOCUMENTED PLANT COLLECTIONS FOR TEACHING, RESEARCH, PUBLIC EDUCATION AND ENJOYMENT, AND TO PROVIDE A PLACE WHERE PEOPLE FROM THE COLLEGE AND THE COMMUNITY MAY ENJOY PASSIVE RECREATION AND WHERE THEY MAY COME TO LEARN, REFLECT, AND RENEW THEMSELVES THROUGHOUT THE NATURAL WORLD. THE COLLEGE MAINTAINS VARIOUS SCULPTURES ON CAMPUS FOR THE ENJOYMENT OF THE COLLEGE AND LOCAL COMMUNITIES. PART V, LINE 4: ENDOWMENT FUNDS THE COLLEGE'S POOLED ENDOWMENT CONSISTS OF APPROXIMATELY 650 INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT IN PERPETUITY A VARIETY OF PURPOSES INCLUDING INSTRUCTION, FINANCIAL AID, ACADEMIC SUPPORT, STUDENT SERVICES, AND GENERAL INSTITUTIONAL EXPENSES. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE COLLEGE GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITION ONLY WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF EXAMINATION BY TAX AUTHORITIES. IN EVALUATING WHETHER A TAX POSITION HAS MET THE RECOGNITION THRESHOLD, THE COLLEGE MUST PRESUME THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAX AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. ASC 740 ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. TAX POSITIONS DEEMED TO MEET THE "MORE LIKELY THAN NOT" THRESHOLD ARE RECORDED AS A TAX EXPENSE IN THE CURRENT YEAR. THE COLLEGE HAS ANALYZED ALL OPEN TAX YEARS, AS DEFINED BY THE STAUTES OF LIMITATIONS, FOR ALL MAJOR JURISDICTIONS. OPEN TAX YEARS ARE THOSE THAT ARE OPEN FOR EXAM BY TAXING AUTHORITIES. MAJOR JURISDICTIONS FOR THE COLLEGE INCLUDE FEDERAL AND THE STATE OF CONNECTICUT. AS OF JUNE 30, 2016, OPEN FEDERAL AND CONNECTICUT TAX YEARS FOR THE COLLEGE INCLUDE THE TAX YEARS ENDED JUNE 30, 2013 THROUGH JUNE 30, 2015. THE COLLEGE HAS NO EXAMINATIONS IN PROGRESS. THE COLLEGE BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $(975,000). PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNT $ 32,277,000. RENT EXPENSE $(259,000). POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST $162,000. ------------- Total to Schedule D, Part XI, Line 4b $32,180,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE $259,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNT $ 32,277,000. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST $162,000. ------------ Total to Schedule D, Part XII, Line 4b $32,439,000. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3: EXPLANATION OF RACIALLY NONDISCRIMINATORY POLICY ALL SCHOOL PUBLICATIONS AND NEWSPAPERS. SCHEDULE E, LINE 6: GOVERNMENT AID FINANCIAL AID AND ASSISTANCE FROM GOVERNMENTAL AGENCIES CONSIST OF US DEPT OF EDUCATION FINANCIAL AID, STATE OF CONNECTICUT FINANCIAL AID, AND FEDERAL AND STATE RESEARCH GRANT FUNDS. true Central America and the Caribbean Program Services STUDY AWAY PROGRAM 31000 Central America and the Caribbean Program Services TRAVEL 1000 East Asia and the Pacific Program Services STUDY AWAY PROGRAM 626000 East Asia and the Pacific Program Services SERVICES 2000 Europe (Including Iceland and Greenland) Program Services HONORARIUM 1000 Europe (Including Iceland and Greenland) Program Services SERVICES 12000 Europe (Including Iceland and Greenland) Program Services TRAVEL 16000 Europe (Including Iceland and Greenland) Program Services STUDY AWAY PROGRAM 3329000 Middle East and North Africa Program Services STUDY AWAY PROGRAM 16000 North America Program Services STUDY AWAY PROGRAM 50000 South America Program Services STUDY AWAY PROGRAM 16000 South Asia Program Services STUDY AWAY PROGRAM 17000 Sub-Saharan Africa Program Services TRAVEL 1000 4118000 4118000 SERVICES East Asia and the Pacific 1 2000 WIRE HONORARIUM Europe (Including Iceland and Greenland) 1 1000 WIRE SERVICES Europe (Including Iceland and Greenland) 7 12000 WIRE TRAVEL Central America and the Caribbean 1 1000 WIRE TRAVEL East Asia and the Pacific 1 1000 WIRE TRAVEL Europe (Including Iceland and Greenland) 4 16000 WIRE TRAVEL Sub-Saharan Africa 2 1000 WIRE true false true false true true Part I, Line 2: MONITORING GRANTS OUTSIDE OF THE US GRANTS MADE IN FOREIGN COUNTRIES FOR THE PURPOSES OF THE COLLEGE'S STUDY ABROAD PROGRAM ARE ENTERED INTO USING A CONTRACTUAL AGREEMENT OUTLINING THE SERVICES TO BE DELIVERED. THIS ACTIVITY IS MONITORED BY THE OFFICE OF STUDY AWAY, DEAN OF THE FACULTY, AND FINANCE. true CONNECTICUT COLLEGE SCHOLARSHIP ASSISTANCE 944 31785000 SEOG 267 309000 CONNECTICUT GOVERNORS SCHOLARSHIP GRANT 50 183000 PART I, LINE 2: MONITORING USE OF GRANT FUNDS ALL GRANTS AWARDED ARE BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. ELIGIBILITY IS BASED ON A THOROUGH REVIEW AND VERIFICATION OF A FAMILY'S INCOME, ASSETS, SIZE AND NUMBER OF DEPENDENTS ENROLLED IN COLLEGE. ANNUAL EXPENDITURE REPORTS ARE SUBMITTED TO THE FEDERAL AND STATE GOVERNMENTS FOR REVIEW. THE EXPENDITURES ARE REVIEWED FOR COMPLIANCE IN AN ANNUAL AUDIT CONDUCTED BY AN INDEPENDENT ACCOUNTING FIRM. X X true true X X X X X false false false false false false false false false KATHERINE BERGERON President 466627 0 0 0 0 0 26500 0 46387 0 539514 0 0 0 ABIGAIL A VAN SLYCK DEAN OF THE FACULTY 236644 0 0 0 0 0 23975 0 10144 0 270763 0 0 0 ANN W GOODWIN VP ADVANCEMENT 252075 0 0 0 0 0 26059 0 20425 0 298559 0 0 0 ULYSSES B HAMMOND VP ADMINISTRATION 309829 0 0 0 0 0 20568 0 3070 0 333467 0 0 0 PAMELA DUMAS SERFES VP COMMUNICATIONS 190948 0 0 0 0 0 19284 0 20832 0 231064 0 0 0 PETER A SIVER PROFESSOR 172394 0 0 0 0 0 13966 0 36056 0 222416 0 0 0 MARC M ZIMMER PROFESSOR 166716 0 0 0 0 0 15595 0 48152 0 230463 0 0 0 PAUL L MARONI VICE PRESIDENT FOR FINANCE 239033 0 0 0 0 0 24809 0 25915 0 289757 0 0 0 PART I, LINE 1A: TRAVEL/EXPENSE REIMBURSEMENT POLICY ACCORDING TO THE COLLEGE'S WRITTEN TRAVEL/EXPENSE REIMBURSEMENT POLICY, HOUSING EXPENSES ARE NOT REIMBURSABLE BY THE COLLEGE. AS A CONDITION OF EMPLOYMENT THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. ACCORDING TO THE COLLEGE'S WRITTEN TRAVEL/EXPENSE REIMBURSEMENT POLICY, THE COLLEGE WILL NOT REIMBURSE FOR PERSONAL EXPENSES. THE COLLEGE MAINTAINS THE PRESIDENTIAL RESIDENCE, INCLUDING A HOUSEKEEPER. THE WAGES OF THE HOUSEKEEPER ATTRIBUTABLE TO THE PRESIDENT'S PERSONAL USE, IF ANY, INCLUDED ON THE PRESIDENT'S W-2. A CHEFA 2007 SERIES F 060806186 20774UJT3 2007-04-04 28747913 REFUND 1997 & 2000 BOND ISSUES false false false B CHEFA 2007 SERIES G 060806186 20774UKT1 2007-04-04 12126960 REFINANCE CONSTRUCTION false false false C CHEFA 2011 SERIES H-1 060806186 20774U7E9 2011-06-15 12204821 FINANCE CONSTRUCTION false false false D CHEFA 2012 SERIES I 060806186 20774YFR3 2012-04-04 13319636 REFUND 2002 BOND ISSUE false false false A 0 0 28747913 0 0 0 354054 272000 0 0 28130859 0 2007 true true true true B 0 0 12126960 0 0 0 170000 149000 0 11807960 0 0 2008 false false true true C 0 0 12204821 0 0 0 202391 0 0 12002430 0 0 2012 false false true true D 3265000 0 13319636 0 0 0 226182 0 0 0 13093454 0 2013 true false true true A 0 B false false true false false 0 0.00620 0.00620 false false false true C false false true false false 0 false false false true D 0 A false false false true false false 0 false 0 false true B false false true false false false 0 false 0 false true C false false false true false false 0 false 0 false true D false true false false false false 0 false 0 false true A false B false C false D false SCHEDULE K, PART II, LINE 11 - Bond Series A: The other spent proceeds were used to refund Series C and Series D bonds. SCHEDULE K, PART II, LINE 11 - Bond Series D: The other spent proceeds were used to refund bonds issued on 7/18/2002. SCHEDULE K, PART IV, LINE 2B: NO REBATE IS DUE FOR THE CHEFA SERIES G AND CHEFA SERIES J & K BONDS AS THE BONDS MEET THE 2 YEAR SPENDING EXEMPTION TO THE REBATE CALCULATION RULES. SCHEDULE K, PART IV, LINE 2C: THE DATE OF THE REBATE COMPUTATION FOR THE CHEFA SERIES F BOND WAS 4/4/2012. THE DATE OF THE REBATE COMPUTATION FOR THE CHEFA SERIES H-1 BOND WAS 6/30/2016. SCHEDULE K, PART V THE COLLEGE HAS ESTABLISHED PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IF SELF REMEDIATION IS NOT AVAILABLE UNDER THE APPLICABLE REGULATIONS. THE COLLEGE IS IN THE PROCESS OF IMPLEMENTING WRITTEN PROCEDURES NECESSARY TO COMPLY WITH SCHEDULE K, PART V. A CHEFA 2014 SERIES J AND K 060806186 2014-09-30 12500000 FINANCE CONSTRUCTION false false false A 0 0 12500000 0 0 0 100000 0 0 12400000 0 0 2015 false false true true A false false true false false 0 0.00250 0.00250 false false false true A false false true false false 0 false 0 false true A false X 137 4205000 SALES PRICE false true false FORM 990, PART I, LINE 1 AND PART III, LINE 1: DESCRIPTION OF ORGANIZATION MISSION CONNECTICUT COLLEGE VALUES ACADEMIC EXCELLENCE, DIVERSITY, EQUALITY, SHARED GOVERNANCE, EDUCATION OF THE ENTIRE PERSON, ADHERENCE TO COMMON ETHICAL AND MORAL STANDARDS, COMMUNITY SERVICE AND GLOBAL CITIZENSHIP, AND ENVIRONMENTAL STEWARDSHIP. FORM 990, PART III, LINE 4D: OTHER PROGRAM SERVICES OTHER PROGRAM SERVICE EXPENSES INCLUDE ALUMNI AND REUNION, FEDERAL AND STATE GRANT EXPENSES, CHEFA AMORTIZATION INTEREST AND FEES, PHYSICAL PLANT COSTS, DEPRECIATION, AND ADMINISTRATIVE COMPUTING COSTS. EXPENSES $3,604,000 INCLUDING GRANTS OF $-0-. REVENUE $4,821,000. FORM 990, PART VI, SECTION B, LINE 11: FORM 990 REVIEW PROCESS THE TAX RETURN INFORMATION IS GATHERED FROM THE FINANCE OFFICE AND USED TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG LLP, INDEPENDENT TAX CONSULTANT. ONCE COMPLETED, THE DRAFT FORM, INCLUDING SCHEDULE B, ALONG WITH A SUPPORTING MEMORANDUM, IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FORM 990 EXCLUSIVE OF SCHEDULE B, IS THEN MADE AVAILABLE FOR REVIEW BY THE FULL BOARD OF TRUSTEES UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C: CONFLICT OF INTEREST POLICY ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND A TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. PERIODICALLY, TRUSTEES WILL BE ASKED TO SIGN CONFLICT OF INTEREST STATEMENTS ASSURING THAT THEY HAVE NO CONFLICT OF INTEREST, AS DESCRIBED IN THE CONNECTICUT COLLEGE BYLAWS, ARTICLE XV. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION POLICY A COMMITTEE ON EXECUTIVE COMPENSATION COMPRISING THE CHAIR AND VICE CHAIRS OF THE BOARD IS EMPOWERED TO CONDUCT THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT AND TO RECOMMEND TO THE FULL BOARD THE COMPENSATION OF THE PRESIDENT. THIS COMMITTEE ALSO REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES AT THE COLLEGE AT THE TIME OF THEIR HIRE AND WHEN SIGNIFICANT INCREASES IN COMPENSATION ARE BEING CONTEMPLATED. THE COMMITTEE'S REVIEW AND APPROVAL OF THE COMPENSATON OF THE PRESIDENT AND KEY EMPLOYEES IS CONDUCTED IN ACCORDANCE WITH THE "INTERMEDIATE SANCTIONS" RULES OF THE IRS, UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE. THE COMMITTEE MEETS AS NEEDED AND REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990. PART VI, SECTION C, LINE 19: PUBLIC DISCLOSURE THE COLLEGE'S FORM 990, AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGES IN NET ASSETS CHANGE IN SPLIT INTEREST AGREEMENTS $ (975,000). CONNECTICUT COLLEGE COMMUNITY RADIO INC 270 MOHEGAN AVENUE BOX 5256 NEW LONDON CT 06320 260117596 RADIO STATION CT 501(c)(3) 7 NA true OAKLEAF ENDOWMENT TRUST FOR CT COLLEGE 1800 IDS CENTER MINNEAPOLIS MN 55402 416429969 TRUST CT 501(c)(3) 11A NA true CONNECTICUT COLLEGE EMPOYER-CONTRIBUTION 270 Mohegan Avenue New London CT 06320 047025787 VEBA CT 501(c)(9) NA true ASSOCIATED KYOTO PROGRAM CONTROLLERS OFFICE COLLEGE HALL RM NORTHAMPTON MA 01063 042996114 EDUCATION MA 501(c)(9) 11(c) NA false PHI BETA KAPPA 270 MOHEGAN AVENUE NEW LONDON CT 06320 066103682 HONOR SOCIETY DC 501(c)(3) 7 NA false UNITRUST (1) CHARITABLE TR CT NA TRUST false CHARITABLE REMAINDER TRUST (7) CHARITABLE TR CT NA TRUST false false false false false false false false false true false false false true false false false true true OAKLEAF ENDOWMENT TRUST FOR CT COLLEGE S 210000 PAYMENT Connecticut College Employer Contributed VEBA R 244000 Contributions