2016-04-18T13:59:43-07:00 2015-05-31 990 2014-06-01 590624440 Rollins College ROLL 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 32789 Jeffrey G Eisenbarth Vice President 2016-04-18 2014 2016-08-17 19:52:53Z 222316666 false false X www.rollins.edu X 1885 FL Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values. 30 29 2149 700 883331 12096062 12522288 117929882 126185719 21461518 20955982 -5299861 1339902 146187601 161003891 35637919 37836942 0 67323635 66177935 87500 93556 4655673 51336368 50739990 154385422 154848423 -8197821 6155468 618727611 608335511 154421929 150990424 464305682 457345087 Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values. false false 114092832 107225014 Rollins College provided liberal arts and graduate educational courses to 3,207 students who took a combined 95,732 credit hours of classes; a total of 623 undergraduate and 210 graduate degrees were awarded; and a variety of other educational and cultural programs were offered to the community during the fiscal year ended May 31, 2015. 17880671 19063021 Rollins College operated various auxiliary enterprises including dining facilities, housing and other services for the convenience and well-being of its students, faculty and staff. 131973503 true true false false false false false true false true true false false false true true false true true true true false true true true false false false true true true false false false false false false false false true false true false false false true false false false false false true 5038 0 true 2149 true true true true AS false false true true true true false 0 false false false false false false false false false false X 30 29 false false false false false false false true true false true true false true true true true true true true false FL X X X William Short 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 Rodney C Adkins Trustee 2.00 0.00 X 0 0 0 Theodore B Alfond Vice Chairman 2.00 0.00 X X 0 0 0 Francis H Barker Trustee 2.00 0.00 X 0 0 0 Bruce A Beal Trustee 2.00 0.00 X 0 0 0 William H Bieberbach Trustee 2.00 0.00 X 0 0 0 Gregory S Derderian Trustee 2.00 0.00 X 0 0 0 Orlando L Evora Trustee 2.00 0.00 X 0 0 0 Jon W Fuller Trustee 2.00 0.00 X 0 0 0 Alan H Ginsburg Trustee 2.00 0.00 X 0 0 0 Rick Goings Trustee 2.00 0.00 X 0 0 0 Samuel M Hocking Jr Trustee 2.00 0.00 X 0 0 0 Lewis M Duncan President 60.00 0.00 X X 1418634 0 143957 Susan Whealler Johnston Trustee 2.00 0.00 X 0 0 0 Allan E Keen Vice Chairman 2.00 0.00 X X 0 0 0 Thomas G Kuntz Trustee 2.00 0.00 X 0 0 0 Gerald F Ladner Trustee 2.00 0.00 X 0 0 0 Anthony J LeVecchio Trustee 2.00 0.00 X 0 0 0 David H Lord Chairman 2.00 0.00 X X 0 0 0 Carroll Hanley Goggin Trustee 2.00 0.00 X 0 0 0 Patricia Loret de Mola Trustee 2.00 0.00 X 0 0 0 John C Myers III Trustee 2.00 0.00 X 0 0 0 Michael P O'Donnell Trustee 2.00 0.00 X 0 0 0 Robert B Ourisman Trustee 2.00 0.00 X 0 0 0 Dianne Rice Trustee 2.00 0.00 X 0 0 0 Eric A Spiegel Trustee 2.00 0.00 X 0 0 0 Sam Stark Trustee 2.00 0.00 X 0 0 0 Philip E Tiedtke Trustee 2.00 0.00 X 0 0 0 Stacy Van Praagh Trustee 2.00 0.00 X 0 0 0 Erin J Wallace Trustee 2.00 0.00 X 0 0 0 Harold A Ward III Secretary 2.00 0.00 X X 0 0 0 Victor A Zollo Jr Trustee 2.00 0.00 X 0 0 0 Craig McAllaster President 60.00 0.00 X X 366312 0 43679 Donna M Tucker Asst Secretary 40.00 0.00 X 64580 0 24024 Mamta Accapadi Vice President 50.00 0.00 X 190984 0 36081 Carol M Bresnahan Vice President 50.00 0.00 X 245075 0 32871 Jeffrey G Eisenbarth Treasurer; VP 50.00 0.00 X 346856 0 36509 Ronald J Korvas Vice President 50.00 0.00 X 297513 0 42179 Lorraine M Kyle Asst Secretary 60.00 0.00 X 127833 0 26499 Kathryn G Nichols Asst Secretary 40.00 0.00 X 44531 0 14661 William H Short Asst Treasurer 50.00 0.00 X 138889 0 31606 Patricia Schoknecht Vice President 50.00 0.00 X 163693 0 31162 Greg W Marshall Professor 50.00 0.00 X 251277 0 35576 Halil Kiymaz Professor 50.00 0.00 X 225771 0 35814 James L Reimers Professor 50.00 0.00 X 201868 0 11496 Ilan Alon Professor 50.00 0.00 X 194040 0 52188 Mark W Johnston Professor 50.00 0.00 X 187445 0 38976 4465301 637278 84 false true false Company Partners LLC 968 Lake Baldwin Lane Orlando FL 32814 Construction 3518703 Brasfield & Gorrie LLC 200 Colonial Ctr Pkwy Ste 200 Lake Mary FL 32751 Construction 1032486 Royall & Company 1920 E Parham Rd Richmond VA 232282206 Presidential search 522813 Presidio Networked Solutions P O Box 822169 Philadelphia PA 191822169 Maintenance 400927 Prime Buccholz & Associates Inc P O Box 16011 Lewiston ME 042439588 Investment Consultin 278210 23 37540 9300 1045978 11429470 6181233 12522288 Auxiliary-Res Hall;Dining 19063021 19063021 Off-campus programs 800575 800575 Other student fees 1188422 1188422 Philanthropy/Oth programs 693985 693985 Student tuition 102342860 102342860 2096856 2096856 126185719 5219979 102316 -24789 5142452 0 40747 40747 4371613 3983278 388335 388335 388335 73060890 57324887 15736003 15736003 15736003 7310 9300 4610 2700 2700 0 0 Langford RCI, LLC 721110 908120 908120 908120 161003891 126288035 883331 21310237 0 37720442 37720442 116500 116500 0 2357361 2050305 307056 0 47328593 40722528 4232098 2373967 3581711 2930638 467021 184052 9490510 7505979 1461098 523433 3419760 2671618 556646 191496 0 187338 187338 136451 136451 0 93556 93556 1112257 1112257 2455323 1858924 528990 67409 1352716 968915 381812 1989 6159872 3713923 2218179 227770 3431090 2088385 1280615 62090 18512 18512 8135604 6700127 1331264 104213 5154313 4126488 665514 362311 0 598249 497342 56353 44554 0 0 10046014 9512038 456855 77121 385480 319821 48853 16806 Food purchases 4628961 4493515 135446 Off campus tuition,room,board 2616016 2616016 Facility maint., repairs, supp 2176942 1891033 271746 14163 Miscellaneous 1531597 1262307 248347 20943 613255 238452 392059 -17256 154848423 131973503 18219247 4655673 504800 6772363 3773660 8360311 16054232 12997297 1802083 1531604 0 0 2486133 1368568 251629 214076 2675243 2292317 346717569 138466485 216918354 208251084 353794339 345841356 0 1781889 1763451 0 18685249 18943084 618727611 608335511 14769148 12985311 2802425 2756531 107017326 104924997 22675955 21569432 7157075 8754153 154421929 150990424 X 115810072 112085363 139921961 132442480 208573649 212817244 464305682 457345087 618727611 608335511 X 6155468 -12415826 1112257 -1812494 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 375534175 4268474 9723275 5653594 10989209 1277232 371605889 350104294 932000 41889594 6005593 9947957 1438163 375534175 332261790 7549135 48665309 6062043 30849330 1460567 350104294 357600595 2361692 -10729721 5981461 9615105 1376210 332261790 290860985 22451930 59984368 5188499 9210918 1297271 357600595 0.14700 0.85300 true false false 16403944 22384536 38788480 43003628 183470439 82998246 143475821 3332518 2750622 581896 547534 27129583 23150722 4526395 14290625 36154762 29566895 20878492 208251084 Annuity and life income payable 1637351 Capital lease payable 1014496 Deferred tax liability 172000 Deferred tax liability 832656 Deposits 10460 Government advances for student loans 1398645 Rounding 5 SWAP value liability 3688540 8754153 X Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o The College does not record or capitalize its collections of works of art, historical treasures or similar assets. These collections are held for public exhibition, education and research in furtherance of the College's educational and public service mission. The collections are appropriately cared for and preserved and are subject to a College policy that requires the proceeds from sales, if any, of collection items to be used to acquire other items for the collection. Part III, Line 4: Description of organization's collections and how it furthers its purpose. Cornell Fine Arts Museum collection:The Cornell Fine Arts Museum (CFAM) has more than 5,000 objects from antiquity to the contemporary. Major collection works include Renaissance and Old Masters with additional strengths in landscape and portraiture and a collection of work from the Bloomsbury Circle.CFAM mission and how accomplished:CFAM educates, enriches and engages students and the public through exhibitions and an array of programs. Curatorial and educational staff members illustrate links between works of art and a variety of curricula. CFAM enhances traditional classroom learning across all disciplines with docent-led tours; teacher workshops; films; public programs including lectures by Distinguished Visiting Scholars and Artists; and other activities such as CFAMilies, an art project for children of all ages and adults to enjoy together. The museum offers free admission to all visitors. Part V, Line 4: Intended uses of the endowment fund. Endowment distribution supports expenditures such as Scholarships, Professor Salaries & Faculty Development, Library Resources, the Athletic Program, the Cornell Fine Arts Museum, Academic Program Support and Plant Maintenance. Part X : FIN48 Footnote The College's policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of May 31, 2015 and, accordingly, no liability has been accrued. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Nondiscriminatory policies are stated in advertisements soliciting student enrollment, in class schedules and in student recruiting brochures. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true East Asia and the Pacific 0 1 Programs- Australia Study abroad 163855 Europe 0 1 Program-Asturias, Spain Study abroad 130771 Europe 0 0 Program-London Study abroad 658627 Europe 0 0 Program-Germany Study abroad 88502 South America 0 0 Program-Argentina Study abroad 120825 Europe 0 0 Program-RAP Trinity,Italy Study abroad 361130 Europe 0 0 Program-Lancaster, U.K. Study abroad 49227 Europe 0 0 Program-Hollins, France Study abroad 19348 East Asia and the Pacific 0 0 Program-Shanghai & Hong Kong Semester/ShortTrm Study Abroad 192527 Europe 0 0 Program-Germany/Poland Study abroad 27702 Europe 0 0 Program-Ireland/Scotland Semester/ShortTrm Study Abroad 42050 Middle East and North Africa 0 0 Program-Israel Semester study abroad 11450 Europe 0 0 Program-Switzerland Semester study abroad 69486 South America 0 0 Program-Ecuador Semester/ShortTrm Study Abroad 68180 South Asia 0 0 Program-India Semester study abroad 18582 Sub-Saharan Africa 0 0 Programs-Rwanda/Tanzania Semester/ShortTrm Study Abroad 125340 East Asia and the Pacific 0 0 Program-Samoa Semester study abroad 18882 Europe 0 0 Program-Spain Summer study abroad 191037 Central America/Caribbean 0 0 Program-Costa Rica Summer/ShortTerm Study Abroad 93716 Central America/Caribbean 0 0 Program-Bahamas Short term study abroad 13618 Central America/Caribbean 0 0 Program-Cuba Short term study abroad 50127 North America 0 0 Program-Mexico Short term study abroad 26111 South America 0 0 Program-Brazil/Chile Short term study abroad 36952 East Asia and the Pacific 0 0 Program-Vietman Short term study abroad 17750 Middle East and North Africa 0 0 Program-Jordan Short term study abroad 37844 Europe 0 0 Program-Czech Republic Short term study abroad 37764 Central American and Caribbean 0 0 Program-Dominical Republic Short term study abroad 17867 South Asia 0 0 Program-Nepal Short term study abroad 18670 Europe 0 0 Program-Netherlands Short term study abroad 21405 2 2 2166484 562861 2729345 Scholarships East Asia/Pacific 6 75350 Scholarships FMV Scholarships Europe 4 41150 Scholarship FMV true false true true true false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Potential grant recipients complete application forms specific to particular grant funding sources. The Financial Aid office reviews applications to assure that eligibility requirements such as GPA, credit hours, residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts are applied as non-cash credit to student accounts receivable to further assure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X X X X X X true RUFFALO Noel P O Box 718 Des Moines IA 50303 Consulting false 61000 Pentera Inc 8650 CommercePk Indianapol IN 46268 Direct mailing false 18306 Bentz Whaley Fl 7251 Ohms Ln Minneapoli MN 55439 Consulting false 14250 93556 AL AK AR CA CO CT FL LA ME MD MI MN MS MO NH NC OH OK OR UT VA WA WV Oktoberfest 16610 9300 7310 4610 16610 9300 7310 4610 4610 2700 true 0 0 Scholarships - Crummer Graduate School 101 1205830 Tuition & related expenses Scholarships - Hamilton Holt School 43 29779 Tuition & related expenses Endowed Scholarships 817 10879836 Tuition & related expenses Donated Scholarships 312 783984 Tuition & related expenses Merit Scholarships 1082 16003868 Tuition & related expenses Athletic grants 170 3609144 Tuition & related expenses Rollins grants 648 3867762 Tuition & related expenses Cornell Scholars 24 1235221 Tuition & related expenses Government grants - college match 249 71688 Tuition & related expenses Other assistance 100 149830 Tuition & related expenses Grantmaker's Description of How Grants are Used Potential grant recipients complete application forms specific to particular grant funding sources. The Financial Aid office reviews applications to assure that eligibility requirements such as GPA, credit hours, residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts are applied as non-cash credit to student accounts receivable to further assure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X true true X X X X X X true true false false false false false false false false Carol M Bresnahan Vice President 245075 23460 9411 277946 Craig McAllaster President 366312 26000 17679 366312 43679 Greg W Marshall Professor 251277 15397 20179 286853 Halil Kiymaz Professor 225771 14815 20999 261585 Ilan Alon Professor 194040 20340 31848 246228 James L Reimers Professor 201868 7851 3645 213364 Jeffrey G Eisenbarth Treasurer; VP 346856 26000 10509 383365 Lewis M Duncan President 251100 1167534 65343 78614 1562591 Lorraine M Kyle Asst Secretary 127833 8956 17543 127833 26499 Mamta Accapadi Vice President 190984 17100 18981 190984 36081 Mark W Johnston Professor 187445 15201 23775 226421 Patricia Schoknecht Vice President 163693 15968 15194 194855 Ronald J Korvas Vice President 297513 26000 16179 339692 William H Short Asst Treasurer 138889 14256 17350 170495 Part I, Line 1a: Relevant information in regards to selections on 1a. Part III, Additional Information Severance pay of $1,167,534 was provided to Lewis Duncan upon release from employment. A Higher Educational Facili 900058227 34073TDT1 2012-03-14 48635258 Refund 02 OCEFA & Renovations false false false B Higher Educational Facili 900058227 34073TBU0 2010-04-29 37121260 Refund 08 OCEFA/Renovate capit false false false C Orange County Educational 593445650 684499BV7 2007-09-07 25581853 Acquire/construct educational false false false A 2935000 48635258 434421 30835953 17364884 false true false true B 37124402 316260 8203142 28605000 true false true true C 2780000 25907609 569012 25338597 false false true true A false true true true false false false true B false true true true false false false true C false true true true false 0.00100 0.00100 false false true A false true false false false false false true B false false true true false false false true C false false true true false false false true A true B true C true Part VI Part II, Column A, Line 12: The other spent proceeds relate to the advanced (A) and current (B) refunding proceeds of this issue.Part II, Column B & C, Line 3: The difference between the issue price and the total proceeds is the investment earnings of $3,142 (B) and $325,756 (C).Part IV, Column B, Line 2: An interim rebate calculation was performed on April 29, 2012 and it was determined that the issue met a spending exception. Part IV, Column C, Line 2: An interim rebate calculation was performed on March 7, 2009 and it was determined that the issue met a spending exception. The College also had a final rebate calculation performed on September 20, 2012. Sudie Eisenbarth Family member 79314 Employment services false X 13 6057862 X 1 99784 FMV X Facility rental, food, beverag 1 8587 Actual cost X Kawai piano, model SK-2, Ebony 1 15000 Appraisal false true false Client Note 1 Client Note 1 - Statement 7Form 990-T, Part II, Line 201. Total Contributions ..........................$ 155,726.2. Contributions Allowed in 2011 ................. 0.3. 2006 Expired Contributions ................... 6,569.4. Adjustments per Section 170(d)(2)(B) ......... 4,900.5. Carryover to 2011 (Line 1 less 2, 3, 4) ...... 144,257. Amount Amt Converted Deducted Tentative to NOL per Carryover Year Contribution in 2011 Carryover Sec 172(b)(2) to 2012 2006 $ 6,569. $ 0. $ 6,569. $ 0. $ Expired 2007 8,484. 0. 8,484. 0. 8,484. 2008 34,395. 0. 34,395. 0. 34.395. 2009 26,133. 0. 26,133. 0. 26,133. 2010 40,224. 0. 40,224. 4,900. 35,324. 2011 39,921. 0. 39,921. 0. 39,921. Totals $ 155,726. $ 0. $155,726. $ 4,900. $144,257. Form 990, Part VI, Line 11b: Form 990 Review Process Description of Form 990 review process:A review of the Form 990 excluding Schedule B is conducted by the President, CFO/VP Treasurer, AVP/Director of Finance, and the Board of Trustees. Actionable questions or comments are addressed and resolved before the Form 990 is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Description of Conflict of Interest monitoring and enforcement:During the spring of each year the College canvasses all Trustees, who are asked to complete a Conflict of Interest disclosure form noting any membership(s) in for-profit boards and any not-for-profit boards. Additionally, they are asked to indicate whether they hold a 5% or greater ownership interest in these organizations. All College Officers, Directors, and Key Employees are also required to complete a Conflict of Interest disclosure form. Each College staff person as identified above, also signs a statement confirming whether or not a conflict exists. A summary document (spreadsheet) is prepared by the President's Office that includes all Trustees and Officers of the College. This document is presented to and reviewed in detail by the Audit Committee, usually at the May meeting each year. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Description of process of determining compensation of Officers and Key Employees [other than President]:Rollins College has a Compensation Committee chartered by the Board of Trustees. In addition to compensation areas related to the President, the Compensation Committee is also charged with reviewing a summary of the President's evaluation of the Vice Presidents, and reviewing and approving the President's recommendation for all elements of the compensation for the Vice Presidents. As to officers and key employees of the College below the level of Vice President, the compensation level is determined by the immediate supervisor and/or the head of the department, which is typically a Vice President or Dean of the College. In any case where the compensation approver is not a Dean or Vice President, at least two approvals of the immediate supervising manager and his or her manager at the next higher level is required. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Description of published documents:Rollins College publishes its Conflict of Interest Policy on its website, which is available to the general public. The College also publishes its audited financial statements and Form 990 online. The College's bylaws are not published or made available to the general public. Other Changes In Net Assets Or Fund Balances - Other Increases Book/tax Difference in Unrelated Business = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Change in FMV on SWAP agreement = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Change in FMV on SWAP agreement = -$2000 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of pledges receivable = $116094 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value split interest agreements = $360020 Other Changes In Net Assets Or Fund Balances - Other Decreases Investment mgmt fees to Part IX, Line 11f = -$1112257 Other Changes In Net Assets Or Fund Balances - Other Decreases Langford RCI Book/Tax differences = -$1174351 Form 990, Part VI, Line 1a Honorary Trustees:(a)Honorary Trustees shall be entitled to attend all meetings of the Board of Trustees and all meetings of the Executive Committee, the Finance Committee, the Education Committee, and the Development and Alumni Relations Committee, but Honorary Trustees shall not be entitled to vote at meetings of the Board or at meetings of any committee of the Board except as provided below.(b)Honorary Trustees shall be eligible for appointment or election to any standing or special committee of the Board, and if appointed or elected, they shall be entitled to vote.Executive Committee:(a)The Board of Trustees exercises its responsibility for the overall supervision of the College between meetings of the Board through its Executive Committee. The Chairman of the Board is a member of the Executive Committee and Chairman thereof. The President of the College and the Vice Chairman of the Board are members of the Executive Committee. The Secretary of the College is the Secretary of the Executive Committee and keeps a full record of all of its transactions and proceedings. The Executive Committee performs such further functions as shall be specifically delegated or authorized by the Board of Trustees at a regular or special meeting.(b)The Executive Committee will:(1)Review regularly the functions and operations of the College;(2)Review and approve recommendations by the President of the College with respect to the functions and operations of the College;(3)Carry out the functions of the Board of Trustees between meetings of the Board. Holt Properties LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461788412 Acquire Real Property; Commercial Property Rental FL 105304 5685690 Rollins College Langford RCI LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461775419 Hotel and Conference Center FL 1007361 22963229 Rollins College 140 Fairbanks LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462057006 Commercial Property Rental FL 56027 1063027 Rollins College 200 Fairbanks LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462064681 Commercial Property Rental FL 22481 2786467 Rollins College 220 Fairbanks LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462102091 Commercial Property Rental FL 51228 823861 Rollins College 400 Park South LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462075853 Commercial Property Rental FL 1617896 11603681 Rollins College Lawrence Center LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 462088367 Commercial Property Rental FL 89705 2009871 Rollins College false false false false false false false false false false false false false false false false false false false