2016-04-21T09:29:55-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-07-01 410694747 CARLETON COLLEGE CARL 5072224000 ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 FREDERICK A ROGERS VP & TREASURER 5072224000 2016-04-06 1 KAREN GRIES P00078514 6123764500 2014 2016-08-17 19:52:53Z FREDERICK A ROGERS ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 212364295 0 X WWW.CARLETON.EDU X 1866 MN TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. 31 30 2969 2501 -122256 -362770 27893301 34152153 113314370 122190431 59319240 54280032 4377498 -55794 204904409 210566822 33983589 35456647 0 0 71715351 73049342 0 0 8464757 58559637 60467139 164258577 168973128 40645832 41593694 1159336985 1167291041 139363288 135223719 1019973697 1032067322 X SEE SCHEDULE O.CARLETON COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE, LOCATED IN NORTHFIELD, MINNESOTA, BEST KNOWN FOR ITS ACADEMIC EXCELLENCE AND WARM, WELCOMING CAMPUS COMMUNITY. CARLETON OFFERS 37 MAJORS AND 15 CONCENTRATIONS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, AND SOCIAL SCIENCES.THE CARLETON COLLEGE MISSION IS TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE IS DEVOTED TO ACADEMIC EXCELLENCE, DISTINGUISHED BY THE CREATIVE INTERPLAY OF TEACHING, LEARNING, AND SCHOLARSHIP AND IS DEDICATED TO A DIVERSE RESIDENTIAL COMMUNITY AND EXTENSIVE INTERNATIONAL ENGAGEMENTS. 0 0 88150798 35018615 96959532 INSTRUCTION: CARLETON COLLEGE EXISTS TO PROVIDE A HIGH QUALITY LIBERAL ARTS EDUCATION FOR YOUNG WOMEN AND MEN, PREPARING THEM FOR LEADERSHIP IN THEIR COMMUNITIES, COUNTRIES AND THE WORLD (2,005 STUDENTS). A STUDENT-FACULTY RATIO OF 9:1 SUPPORTS THEM WITH CLASSROOM, LABORATORY, OFF-CAMPUS STUDY AND RESEARCH OPPORTUNITIES. AVERAGE CLASS SIZE IS 18. OVER 70% OF THE GRADUATING CLASS OF 2015 PARTICIPATED IN A STUDY ABROAD PROGRAM DURING THEIR CARLETON EXPERIENCE. STUDENT FINANCIAL AID PROGRAMS - CARLETON MEETS 100% OF THE FINANCIAL NEED OF ALL ADMITTED STUDENTS TO ENSURE AFFORDABILITY AND ACCESSIBILITY; ACHIEVE CULTURAL, RACIAL, ETHNIC AND SOCIOECONOMIC DIVERSITY; AND FUND THE COMMITMENT TO GLOBALIZATION (1,804 STUDENTS). 18458286 0 21001728 AUXILIARY ENTERPRISES: CARLETON COLLEGE MAINTAINS A RURAL RESIDENTIAL CAMPUS TO ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENT BODY WITH ROOM AND BOARD PROGRAMS DESIGNED TO ENCOURAGE A SPIRIT OF COLLEGIALITY AND CONVERSATION BEYOND THE CLASSROOM AND LABORATORY (1,812 STUDENTS). 15232829 0 0 STUDENT SERVICES: PROGRAMS DESIGNED TO SUPPORT THE CARLETON COLLEGE STUDENT LIFE EXPERIENCE INCLUDING CO-CURRICULAR AND RECREATIONAL OPPORTUNITIES (2,005 STUDENTS). 15655378 77500 2570131 ACADEMIC SUPPORT: PROGRAMS TO ENHANCE THE CARLETON LIBERAL ARTS EXPERIENCE WITH LIBRARY AND INFORMATION TECHNOLOGY RESOURCES (2,005 STUDENTS). 1816097 0 1659040 SUMMER ACADEMIC PROGRAMS: PROGRAMS FOR HIGH SCHOOL STUDENTS AND WORKSHOPS FOR TEACHERS OF ADVANCED PLACEMENT ENRICHED OR ACCELERATED CLASSES IN GRADES 7 - 12 TO DEVELOP SKILLS FOR RIGOROUS ACADEMIC PROGRAMS IN A SUPPORTIVE LEARNING ENVIRONMENT. 4570796 360532 0 RESEARCH: FACULTY AND STUDENT RESEARCH TO ENHANCE THE ACADEMIC INSTRUCTIONAL EXPERIENCE. 22042271 438032 4229171 143884184 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 516 0 2969 1 1 1 1 ES FR GB NZ 0 0 0 0 1 2 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN NH WA X X X FREDERICK A ROGERS 5072224000 ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 JACK W EUGSTER CHAIR 8.00 X X 0 0 0 CATHY PAGLIA VICE CHAIR 8.00 X X 0 0 0 WALLY WEITZ VICE CHAIR 8.00 X X 0 0 0 STEVEN G POSKANZER PRESIDENT 60.00 X X 424494 0 130981 NINA M ARCHABAL TRUSTEE 5.00 X 0 0 0 CAROL BARNETT TRUSTEE 5.00 X 0 0 0 BILL CRAINE TRUSTEE 5.00 X 0 0 0 DAVID M DIAMOND TRUSTEE 5.00 X 0 0 0 ARNOLD W DONALD TRUSTEE 5.00 X 0 0 0 MAUREEN G GUPTA TRUSTEE 5.00 X 0 0 0 JOHN F HARRIS TRUSTEE 5.00 X 0 0 0 MICHAEL HASENSTAB TRUSTEE 5.00 X 0 0 0 ELISE M HOLSCHUH TRUSTEE 5.00 X 0 0 0 JAMES E JOHNSON TRUSTEE 5.00 X 0 0 0 MICHELE JOY TRUSTEE 5.00 X 0 0 0 LESLIE B KAUTZ TRUSTEE 5.00 X 0 0 0 ARTHUR D KOWALOFF TRUSTEE 5.00 X 0 0 0 MARILYN M MCCOY TRUSTEE 5.00 X 0 0 0 WILLIAM R MCLAUGHLIN TRUSTEE 5.00 X 0 0 0 BONNIE J MELVILLE TRUSTEE 5.00 X 0 0 0 BRAD NORDHOLM TRUSTEE 5.00 X 0 0 0 GARY T O'BRIEN TRUSTEE 5.00 X 0 0 0 PAMELA KIECKER ROYALL TRUSTEE 5.00 X 0 0 0 DAVID B SMITH JR TRUSTEE 5.00 X 0 0 0 GARY L SUNDEM TRUSTEE 5.00 X 0 0 0 ALAN C THIEL TRUSTEE 5.00 X 0 0 0 JUSTIN B WENDER TRUSTEE 5.00 X 0 0 0 BONNIE M WHEATON TRUSTEE 5.00 X 0 0 0 BYRON WHITE TRUSTEE 5.00 X 0 0 0 MICHAEL L WIEBOLT TRUSTEE 5.00 X 0 0 0 MARK R WILLIAMS TRUSTEE 5.00 X 0 0 0 THOMAS BONNER SECRETARY 60.00 X 234330 0 40830 FREDERICK A ROGERS VP & TREASURER 60.00 X 301093 0 40608 BEVERLY NAGEL DEAN OF THE COLLEGE 60.00 X 250809 0 31603 M H WAGNER VP, DEAN OF STUDENTS 40.00 X 192843 0 19759 PAUL THIBOUTOT VP, DEAN OF ADMISSIONS & FINANCIAL AID 40.00 X 184156 0 32657 JASON MATZ CHIEF INVESTMENT OFFICER 40.00 X 355445 0 26270 ANDREW CHRISTENSEN DIRECTOR OF PRIVATE MARKETS 40.00 X 221869 0 45391 LOUIS E NEWMAN ASSOCIATE DEAN OF THE COLLEGE 40.00 X 181888 0 36155 SUSAN SINGER PROFESSOR OF NATURAL SCIENCES 40.00 X 185662 0 36070 JOEL WEISBERG PROFESSOR OF PHYSICS AND ASTRONOMY 40.00 X 182008 0 37015 2714597 0 477339 119 0 1 0 BON APPETIT 100 HAMILTON AVENUE STE 400 PALO ALTO CA 94301 FOOD SERVICE 8545148 TERRA GENERALCONTRACTORS LLC 21025 COMMERCE BLVD ROGERS MN 55374 GENERAL CONTRACTOR 2557625 RIVER CITY BUILDERS 98 MAIN STREET NERSTRAND MN 55053 GENERAL CONTRACTOR 939034 BOLGER PUBLICATIONS INC 2465 MOMENTUM PLACE CHICAGO IL 60689 PUBLISHING 582015 ICON CONSTRUCTORS LLC 13498 COUNTY ROAD 28 MABEL MN 55954 BRIDGE CONTRACTOR 426214 38 4803305 29348848 13268398 34152153 TUITION AND FEES 611710 96959532 96959532 ROOM AND BOARD 611710 21001728 21001728 SUMMER ACADEMIC PROG 611310 1659040 1659040 2570131 2570131 122190431 12532543 -290562 12823105 150959 150959 267745 783672 -515927 -515927 6152 -522079 42023668 312473 231606 357046 41792062 -44573 41747489 41747489 572169 425149 147020 147020 WIND TURBINE 221000 162154 162154 162154 210566822 122337451 -122256 54199474 438032 438032 35018615 35018615 1636241 173688 1055773 406780 54536031 46962106 3823653 3750272 4939868 4104315 438219 397334 8113767 6879991 520919 712857 3823435 3237862 302650 282923 94731 94731 93284 93284 7472534 7472534 3101375 2302613 258650 540112 86468 2172 64759 19537 6426475 4372224 925367 1128884 1173313 1121148 34641 17524 6019175 5993576 25360 239 7450962 6863785 157075 430102 1650517 846097 231554 572866 2802067 2802067 10527326 10255994 260708 10624 869969 513029 356915 25 STUDENT FOOD SERVICE 7173340 7173340 MEMBERSHIP FEES 2105635 1567916 507395 30324 3419968 3255614 164354 168973128 143884184 16624187 8464757 67752999 55685874 5023195 3711275 1864147 1831168 752406 560177 2580666 2949102 349517522 158777637 192340374 190739885 320692767 349667138 548569143 541877221 7835348 8035438 11925940 12233763 1159336985 1167291041 10968514 12697843 4060330 4584214 90806138 87004295 5234797 4912110 28293509 26025257 139363288 135223719 X 433621542 446350824 388637000 383402880 197715155 202313618 1019973697 1032067322 1159336985 1167291041 X 41593694 -28835904 -664165 X 0 1 X 1 1 1 X 39227643 19527129 24900207 27893301 34152153 145700433 39227643 19527129 24900207 27893301 34152153 145700433 31985376 113715057 4493116 6197581 1561639 4602190 13241809 30096335 3628851 2989553 3615082 3929071 14162557 189959325 554063795 0.59860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2010 AMOUNT: $ 3,628,851. 2011 AMOUNT: $ 2,989,553. 2012 AMOUNT: $ 3,615,082. 2013 AMOUNT: $ 3,929,071. 2014 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 0 0 1 1 1 93284 1 1 500 0 93784 0 PART II-B, LINE 1: COLLEGE RELATIONS OCCASIONALLY CONTACTS LEGISLATORS TO EXPRESS THE COLLEGE'S VIEWS ON PENDING LEGISLATION WHICH WOULD AFFECT THE COLLEGE. COSTS INCURRED IN CONNECTION WITH THESE ACTIVITIES ARE INSIGNIFICANT AND NO SEPARATE ACCOUNT IS MADE FOR THESE COSTS. IN ADDITION, STUDENTS PARTICIPATE IN A VOLUNTEER ACTIVITY SPONSORED BY THE MINNESOTA PRIVATE COUNCIL (MPCC) CALLED "DAY AT THE CAPITAL" TO DISCUSS THE IMPORTANCE OF THE STATE GRANT PROGRAM WITH REPRESENTATIVES. COSTS INCURRED BY THE COLLEGE TO SUPPORT THIS PROGRAM ARE DE MINIMUS. CARLETON COLLEGE IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDED, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTEREST OF PRIVATE HIGHER EDUCATION. CARLETON COLLEGE PAID MEMBER DUES TO MPCC IN THE AMOUNT OF $132,638 DURING THE TAXABLE YEAR. MPCC HAD DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2015 INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES SUCH AS PERSONNEL COSTS THAT SUPPORT BOTH LOBBYING AND NONLOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NONLOBBYING ACTIVITIES. MPCC HAD DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 70.33% OF THE AMOUNT OF DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $93,284 OF CARLETON COLLEGE'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM CARLETON COLLEGE'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 84000 160000 X X X 0 0 1 X 794308177 10255124 21539635 8294492 26339602 6778482 784690360 704714660 13311856 116344123 7949318 25719295 6393849 794308177 651655398 11900109 78960412 7611873 25229420 4959966 704714660 666402763 2774503 17724826 7387060 24422145 3437489 651655398 582570193 9469250 109737985 7355446 24886524 3132695 666402763 0.33730 0.24290 0.41980 1 0 4547709 4547709 256596481 87260128 169336353 85735653 71517509 14218144 2637679 2637679 190739885 PRIVATE EQUITY 135156785 F HEDGE FUNDS 267480415 F REAL ASSETS 79152719 F PLANNED GIFT AGREEMENTS AND OTHER 60087302 F 541877221 ANNUITIES PAYABLE 23717939 ASSET RETIREMENT OBLIGATION 1109628 FAIR VALUE OF INTEREST RATE SWAP 1197690 26025257 X 139784425 -28835904 544656 -28291248 168075673 7472534 35018615 42491149 210566822 127690800 1208821 1208821 126481979 7472534 35018615 42491149 168973128 PART III, LINE 4: CARLETON'S ART COLLECTION IS FOR STUDENT RESEARCH AND STUDY INCLUDING COLLEGE ARCHIVES OF INSTITUTIONALLY SIGNIFICANT TREASURES AND LIBRARY COLLECTIONS. PART IV, LINE 2B: THE COLLEGE REPORTS ON FORM 990, PART X, LINE 21 AMOUNTS HELD FOR THE PERKINS LOAN PROGRAM THAT ARE REFUNDABLE TO THE GOVERNMENT AND REPORTED AS A LIABILITY ON THE COLLEGE'S FINANCIAL STATEMENTS. PART V, LINE 4: ENDOWMENT FUNDS ARE TO SUPPORT GRANTS TO STUDENTS AND THE PROGRAM SERVICES OF THE COLLEGE. PART X, LINE 2: THE COLLEGE QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS RECORDED NO OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. NO PROVISIONS FOR FEDERAL OR STATE INCOME TAXES ARE REQUIRED AS OF JUNE 30, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 403,802. NET CHANGE IN ANNUITY & LIFE INCOME FUNDS -1,067,967. RENTAL EXPENSES 783,672. BOOKSTORE COST OF GOODS SOLD 425,149. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO STUDENTS 35,018,615. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 783,672. BOOKSTORE COST OF GOODS SOLD 425,149. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO STUDENTS 35,018,615. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE USES PAPER AND BROADCAST MEDIA IN SOLICITATION OF STUDENTS. WE PUBLICIZE OUR NONDISCRIMINATORY POLICY IN ALL PRINTED BROCHURES, MAGAZINES, APPLICATION MATERIAL AND WEBSITE INFORMATION. SCHEDULE E, PART I, LINE 6 CARLETON COLLEGE PARTICIPATES IN THE FEDERAL STUDENT FINANCIAL AID PROGRAM ADMINISTERED THROUGH THE U.S. DEPARTMENT OF EDUCATION. CARLETON STUDENTS RECEIVE FUNDING FROM CAMPUS-BASED PROGRAMS (PERKINS, SEOG, AND FEDERAL WORK STUDY) AS WELL AS FEDERAL PELL GRANTS AND FEDERAL STUDENT LOANS. IN ADDITION, CARLETON STUDENTS RECEIVE FUNDING FROM THE MINNESOTA STATE GRANT, WORK-STUDY AND SELF LOAN PROGRAMS ADMINISTERED THROUGH THE MINNESOTA OFFICE OF HIGHER EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 262179696 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - THEATER & LITERATURE LONDON 212053 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - FRENCH STUDIES IN PARIS 269478 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - PSYCHOLOGY PRAGUE 294267 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - HISTORY ROME 362862 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - SPANISH MADRID 218601 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - CAMBRIDGE ECONOMICS 295753 EUROPE 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - NYC & EUROPE 218480 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - NEW MEDIA JAPAN 406275 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - CHINESE TIANJIN 251178 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - POLITICAL ECONOMY SE ASIA 248366 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - ECOLOGY AUSTRALIA 418338 SOUTH AMERICA 0 0 PROGRAM SERVICES OFF-CAMPUS STUDIES - PERU 239188 0 0 0 0 0 0 264051190 1563345 265614535 1 0 1 1 1 0 PART I, LINE 3: THE COLLEGE USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES ON PART I. 1 CITY OF NORTHFIELD 801 WASHINGTON STREET NORTHFIELD MN 55057 416005424 GOVT ENTITY 77500 0 N/A N/A COMMUNITY ENGAGEMENT BOWDOIN COLLEGE 5400 COLLEGE STATION BRUNSWICK ME 04011 010215213 501(C)(3) 18592 0 N/A N/A NSF SUBAWARD - COLLABORATIVE RESEARCH NORTH CAROLINA STATE UNIVERSITY 2701 SULLIVAN DR RALEIGH NC 27695 566000758 501(C)(3) 13393 0 N/A N/A NSF SUBAWARD - COLLABORATIVE RESEARCH WASHINGTON UNIVERSITY ONE BROOKINGS DR ST LOUIS MD 63130 430653611 501(C)(3) 8272 0 N/A N/A NSF SUBAWARD - COLLABORATIVE RESEARCH CENTRAL WASHINGTON UNIVERSITY 400 UNIVERSITY WAY ELLENSBURG WA 98926 916000618 501(C)(3) 19587 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE COLUMBIA UNIVERSITY 2960 BROADWAY NEW YORK NY 10027 135598093 501(C)(3) 35411 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE EDUCATIONAL DEVELOPMENT CENTER INC 43 FOUNDRY AVE WALTAM MA 02453 042241718 501(C)(3) 39041 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE NATIONAL COUONCIL FOR SCIENCE AND THE ENVIRONMENT 1101 17TH ST NW STE 250 WASHINGTON DC 20036 521700932 501(C)(3) 29831 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE NORTH CAROLINA STATE UNIVERSITY 2701 SULLIVAN DR RALEIGH NC 27695 566000758 501(C)(3) 62556 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE PASADENA CITY COLLEGE 1570 E COLORADO BLVD PASADENA CA 91106 952505000 501(C)(3) 16753 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE PENN STATE UNIVERSITY 201 OLD MAIN UNIVERSITY PARK PA 16802 246000376 501(C)(3) 37165 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE STANFORD UNIVERSITY 3145 PORTER DR PALO ALTO CA 94304 941156365 501(C)(3) 16590 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE UNIVERSITY OF AKRON 302 BUCHTEL AKRON OH 44325 346002924 501(C)(3) 11005 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE UNIVERSITY OF NEBRASKA - LINCOLN 151 WHITTIER RESEARCH CTR 220 VINE ST LINCOLN NE 68583 470049123 501(C)(3) 22796 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE UNIVERSITY OF TEXAS AT EL PASO 500 W UNIVERSITY WAY ELPASO TX 79968 746000813 501(C)(3) 22761 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE WESTERN WASHINTON UNIVERSITY 516 HIGH ST BELLINGHAM WA 98225 916000562 501(C)(3) 6779 0 N/A N/A NSF SUBAWARD - STEP CENTER: INTEGRATE 16 0 STUDENT SCHOLARSHIPS 1804 35018615 0 N/A N/A PART I, LINE 2: GRANTS TO ORGANIZATIONS REQUIRE QUARTERLY PROGRAM REPORTING INCLUDING A NARRATIVE AND FINANCIAL SUMMARY THAT IS REVIEWED BY THE PROGRAM DIRECTOR. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S COLLEGE ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE COLLEGE'S POLICY. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 STEVEN G POSKANZER PRESIDENT 403107 0 0 0 21387 0 25500 0 105481 0 555475 0 0 0 THOMAS BONNER SECRETARY 201056 0 15000 0 18274 0 22500 0 18330 0 275160 0 0 0 FREDERICK A ROGERS VP & TREASURER 267368 0 0 0 33725 0 25500 0 15108 0 341701 0 0 0 BEVERLY NAGEL DEAN OF THE COLLEGE 249225 0 0 0 1584 0 25031 0 6572 0 282412 0 0 0 M H WAGNER VP, DEAN OF STUDENTS 191121 0 0 0 1722 0 19112 0 647 0 212602 0 0 0 PAUL THIBOUTOT VP, DEAN OF ADMISSIONS & FINANCIAL A 182122 0 0 0 2034 0 18697 0 13960 0 216813 0 0 0 JASON MATZ CHIEF INVESTMENT OFFICER 346100 0 0 0 9345 0 25500 0 770 0 381715 0 0 0 ANDREW CHRISTENSEN DIRECTOR OF PRIVATE MARKETS 221219 0 0 0 650 0 22863 0 22528 0 267260 0 0 0 LOUIS E NEWMAN ASSOCIATE DEAN OF THE COLLEGE 180856 0 0 0 1032 0 18739 0 17416 0 218043 0 0 0 SUSAN SINGER PROFESSOR OF NATURAL SCIENCES 137713 0 0 0 47949 0 14357 0 21713 0 221732 0 0 0 JOEL WEISBERG PROFESSOR OF PHYSICS AND ASTRONOMY 146946 0 0 0 35062 0 15280 0 21735 0 219023 0 0 0 PART I, LINE 1A STEVEN POSKANZER: HOUSING ALLOWANCE AND HOUSE CLEANING SERVICE, NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. STEVEN POSKANZER: SOCIAL CLUB DUES, INCLUDED IN TAXABLE COMPENSATION. A MN HIGHER EDUCATION FACILITIES AUTHORITY SERIES 6D 410988525 60416HENO 2005-04-13 31460000 SEE PART VI 0 0 0 B MN HIGHER EDUCATION FACILITIES AUTHORITY SERIES 6T 410988525 60416HNH3 2008-12-04 19294728 SEE PART VI 0 0 0 C MN HIGHER EDUCATION FACILITIES AUTHORITY SERIES 7D 410988525 60416HRZ9 2010-06-29 31962105 SEE PART VI 0 0 0 A 13690000 31460000 336501 3000000 28123498 2008 0 1 1 1 B 1904728 19294728 291550 19003178 2011 0 0 1 1 C 3932105 31962105 337859 31624246 2011 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 MORGAN STANLEY CAPITAL 7.000000000000 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART I, BOND ISSUES, COLUMN (F) (A) DESCRIPTION OF PURPOSE: RETIRE SERIES 3L1 AND SERIES 4N, NEW STUDENT HOUSING (B) DESCRIPTION OF PURPOSE: CASSAT AND MEMORIAL HALL CONSTRUCTION (C) DESCRIPTION OF PURPOSE: WEITZ CENTER FOR CREATIVITY RENOVATION AND CONSTRUCTION X 26 84000 APPRAISAL X 257 8440036 STOCK MARKET QUOTES X 2 385555 APPRAISAL X 3 4358807 APPRAISAL 4 1 1 1 PART I, COLUMN (B): THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS ON PART I, COLUMN (B). PART I, LINE 30B: THE COLLEGE RECEIVED A LIFE ESTATE WITH A TERM OF THREE YEARS. PART I, LINE 32B: THE COLLEGE WILL RETAIN AN ATTORNEY FOR NON CASH REAL ESTATE GIFTS AND A BROKER FOR PUBLICLY TRADED SECURITIES, AS NEEDED. FORM 990, PART VI, SECTION A, LINE 1 THE COLLEGE'S EXECUTIVE COMMITTEE INCLUDES THE CHAIR OF EACH BOARD COMMITTEE AND THE PRESIDENT. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE EXCEPT THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF TRUSTEES TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, ALTER BYLAWS, REMOVE OR APPOINT THE PRESIDENT OF THE COLLEGE, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT PRESENTED THE FORM IN ITS ENTIRETY TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO SUBMITTING IT TO THE IRS. THE FORM 990 IS ALSO INCLUDED ON THE BOARD OF TRUSTEES WEBSITE AND PROVIDED WITH THE BOARD MATERIALS FOR ALL BOARD MEMBERS TO REFERENCE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SUCH INTERESTS INCLUDE A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES OR OTHER ORGANIZATIONS. TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1) THE CONFLICTING INTEREST IS FULLY DISCLOSED; 2) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS; 3) A COMPETITIVE BID FOR COMPARABLE VALUATION EXISTS; AND 4) THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED ANNUALLY BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE USES A CONSULTING FIRM TO CONDUCT AN INDEPENDENT REVIEW OF THE PRESIDENT'S COMPENSATION PACKAGE. THE REVIEW COMPARES DATA FROM 25 OF THE COLLEGE'S PEER INSTITUTIONS, AS WELL AS UTILIZING VARIOUS SALARY SURVEYS. THE COLLEGE USES THE SAME CONSULTING FIRM TO REVIEW THE FOLLOWING POSITIONS: VICE PRESIDENT AND TREASURER, VICE PRESIDENT OF EXTERNAL RELATIONS, DEAN OF THE COLLEGE, VICE PRESIDENT AND DEAN OF ADMISSIONS, VICE PRESIDENT AND DEAN OF STUDENT, CHIEF OF STAFF AND DIRECTOR OF INVESTMENTS. THE PRESIDENT SUBMITS HIS SALARY RECOMMENDATIONS FOR THESE POSITIONS TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THIS PROCESS TAKES PLACE ANNUALLY; THE LAST REVIEW OF ALL EXECUTIVE POSITIONS LAST TOOK PLACE IN JUNE 2015. FORM 990, PART VI, SECTION C, LINE 19 CARLETON'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 403,802. NET CHANGE IN ANNUITY & LIFE INCOME FUNDS -1,067,967. PATRICIA V DAMON SCHOLARSHIP FUND 230 FRONT ST N LACROSSE WI 54601 686229419 TRUST WI 501(C)(3) LINE 11B, II CARLETON COLLEGE 1 S EUGENE BAILEY SCHOLARSHIP TRUST PO BOX 64713 ST PAUL MN 55164 416439914 TRUST MN 501(C)(3) PF CARLETON COLLEGE 1 CHARITABLE REMAINDER TRUSTS (65) CHARITABLE REMAINDER TRUSTS MN CARLETON COLLEGE T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE REMAINDER TRUSTS S 793916 FMV AT DATE OF DEATH S EUGENE BAILEY SCHOLARSHIP TRUST S 101726 FMV PATRICIA V DAMON SCHOLARSHIP FUND S 105000 FMV