2014-05-12T15:42:16-07:00 2013-06-30 990 2012-07-01 141338587 VASSAR COLLEGE VASS 8454377000 124 Raymond Ave Box 12 Poughkeepsie NY 12604 Stephen Dahnert 8454375890 2014-05-13 2012 2015-11-30 17:44:51Z Catharine Bond Hill 124 Raymond Avenue Box 1 Poughkeepsie NY 12604 609836912 0 X www.vassar.edu X 1861 NY THE MISSION OF VASSAR COLLEGE IS TO MAKE ACCESSIBLE "THE MEANS OF A THOROUGH, WELL-PROPORTIONED AND LIBERAL EDUCATION" THAT INSPIRES EACH INDIVIDUAL TO LEAD A PURPOSEFUL LIFE. THE COLLEGE MAKES POSSIBLE AN EDUCATION THAT PROMOTES ANALYTICAL, INFORMED, AND INDEPENDENT THINKING AND SOUND JUDGMENT; ENCOURAGES ARTICULATE EXPRESSION; AND NURTURES INTELLECTUAL CURIOSITY, CREATIVITY, RESPECTFUL DEBATE AND ENGAGED CITIZENSHIP. VASSAR SUPPORTS A HIGH STANDARD OF ENGAGEMENT IN TEACHING AND LEARNING, SCHOLARSHIP AND ARTISTIC ENDEAVOR; A BROAD AND DEEP CURRICULUM; A COMMUNITY DIVERSE IN BACKGROUND AND EXPERIENCE; AND A RESIDENTIAL CAMPUS THAT FOSTERS A LEARNING COMMUNITY. 33 32 3636 6358 208543 0 38339251 73889315 136737067 143163660 21766965 35253350 4489502 3617567 201332785 255923892 54305310 58026759 0 0 109177485 99323605 31719 57872 8271198 66758259 69524282 230272773 226932518 -28939988 28991374 1308325531 1484373616 267396765 340379708 1040928766 1143993908 THE MISSION OF VASSAR COLLEGE IS TO MAKE ACCESSIBLE "THE MEANS OF A THOROUGH, WELL-PROPORTIONED AND LIBERAL EDUCATION" THAT INSPIRES EACH INDIVIDUAL TO LEAD A PURPOSEFUL LIFE. THE COLLEGE MAKES POSSIBLE AN EDUCATION THAT PROMOTES ANALYTICAL, INFORMED, AND INDEPENDENT THINKING AND SOUND JUDGMENT; ENCOURAGES ARTICULATE EXPRESSION; AND NURTURES INTELLECTUAL CURIOSITY, CREATIVITY, RESPECTFUL DEBATE AND ENGAGED CITIZENSHIP. VASSAR SUPPORTS A HIGH STANDARD OF ENGAGEMENT IN TEACHING AND LEARNING, SCHOLARSHIP AND ARTISTIC ENDEAVOR; A BROAD AND DEEP CURRICULUM; A COMMUNITY DIVERSE IN BACKGROUND AND EXPERIENCE; AND A RESIDENTIAL CAMPUS THAT FOSTERS A LEARNING COMMUNITY. 0 0 71965616 0 0 INSTRUCTION 18799634 0 0 ACADEMIC SERVICES 16234339 0 0 STUDENT SERVICES 75049841 56865855 255923892 OTHER PROGRAM SERVICES INCLUDE RESEARCH AND AUXILIARY ENTERPRISE EXPENDITURES, SCHOLARSHIPS TO STUDENTS ENROLLED IN ACADEMIC PROGRAMS, AND TUITION, ROOM AND BOARD REVENUE. 75049841 56865855 255923892 182049430 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 1 0 0 0 1 3420 0 1 3636 1 1 1 1 EI IT SP UK 0 0 0 0 0 0 0 0 X 33 32 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO MA MI MN NH NJ SC WA X X ANGELIQUE ZALAZNICK ACTG CONTROLLER 8454375890 124 Raymond Ave Box 12 Poughkeepsie NY 12604 JOHN P ARNHOLD 3 0 X 0 0 0 MARK BURSTEIN 2 0 X 0 0 0 MARGARITA T CAMACHO MD 2 0 X 0 0 0 JOSEPHINE BENZ CAPENTER 2 0 X 0 0 0 SALLY DAYTON CLEMENT 4 0 X 0 0 0 LURITA ALEXIS DOAN 4 0 X 0 0 0 LINDA FAIRSTEIN 2 0 X 0 0 0 BRENT H FEIGENBAUM 2 0 X 0 0 0 RICHARD FEITLER 2 0 X 0 0 0 ROBERT J FRIEDMAN 4 0 X 0 0 0 ANTHONY J FRISCIA 4 0 X 0 0 0 JEFFREY A GOLDSTEIN 4 0 X 0 0 0 HEATHER STURT HAAGA 2 0 X 0 0 0 MARYELLEN CATTANI HERRINGER 2 0 X 0 0 0 STEPHANIE M HYACINTH 2 0 X 0 0 0 PHILIP N JEFFERSON 4 0 X 0 0 0 HENRY P JOHNSON 6 0 X 0 0 0 LISA KUDROW 4 0 X 0 0 0 GERALDINE BOND LAYBOURNE 2 0 X 0 0 0 SUSAN ZADEK MANDEL 2 0 X 0 0 0 ALICE PACK MELLY 2 0 X 0 0 0 MARK S ORDAN 4 0 X 0 0 0 MARIAN PHELPS PAWLICK 2 0 X 0 0 0 WILLIAM A PLAPINGER 10 0 X 0 0 0 MERYL STREEP 2 0 X 0 0 0 STEVEN A TANANBAUM 2 0 X 0 0 0 ROBERT K TANENBAUM 2 0 X 0 0 0 BARBARA MANFREY VOGELSTEIN 8 0 X 0 0 0 NORA ANN WALLACE 4 0 X 0 0 0 JILL TROY WERNER 4 0 X 0 0 0 CHRISTIANNA WOOD 4 0 X 0 0 0 PAMELA MARS WRIGHT 2 0 X 0 0 0 CATHARINE BOND HILL 40 0 X X 423808 0 411606 CATHERINE BAER 40 0 X 262186 0 54151 DONALD BARTON 40 0 X 116789 0 54885 MARIANNE BEGEMANN 40 0 X 170124 0 114673 JONATHAN CHENETTE 40 0 X 236251 0 94535 SUSAN DEKREY 40 0 X 177017 0 59159 ELIZABETH EISMEIER 40 0 X 301155 0 50048 JOHN FEROE 40 0 X 197581 0 42709 CHRISTOPHER ROELLKE 40 0 X 167630 0 144672 LIZABETH PARAVISINI-GEBERT 40 0 X 193927 0 75934 RONALD SHARP 40 0 X 188626 0 53794 RICHARD WILSON 40 0 X 182824 0 46955 JOHN AHERN 40 0 X 177870 0 53798 JAMES MERRELL 40 0 X 174790 0 80826 BRET INGERMAN 0 0 X 188316 0 26647 MARGARET KITZINGER 0 0 X 151966 0 38388 3310860 0 1402780 130 1 1 0 DANIEL O'CONNELL'S SONS 480 HAMPDEN STREET HOLYOKE MA 01040 CONSTRUCTION SERVICES 6148029 STORM KING GROUP INC 720 NEELYTOWN ROAD MONTGOMERY NY 12549 CONSTRUCTION SERVICES 5353402 KIRCHHOFF CONSIGLI 199 WEST ROAD PLEASANT VALLEY NY 12569 CONSTRUCTION SERVICES 4109201 ARAMARK SERVICES INC 80 GLASTONBURY BLVD SUITE 2 MADISON CT 06443 FOOD SERVICE 3995980 ENNEAD ARCHITECTS LLP 320 WEST 13TH STREET NEW YORK NY 10014 ARCHITECTS 3773403 57 89639 0 0 0 2512378 71287298 15615457 73889315 TUITION AND FEES 611310 117512877 117512877 0 0 ROOM AND BOARD 611310 22391226 22391226 0 0 OTHER REVENUE 900099 3259557 3259557 0 0 0 0 0 0 143163660 11221273 45846 208543 10966884 0 0 0 0 0 0 0 0 379232 0 516257 0 -137025 0 -137025 -137025 0 0 376278461 296223 352163249 379358 24115212 -83135 24032077 24032077 0 0 0 819027 854156 -35129 -35129 0 0 SUMMER PROGRAMS 611600 97899 97899 0 0 MISCELLANEOUS 611310 3691822 3691822 0 0 0 0 0 0 3789721 255923892 170859150 208543 10966884 99639 99639 56865855 56865855 1061265 1061265 3349917 1939602 860929 549386 0 70946458 56757166 10641969 3547323 6210955 5124038 776369 310548 13476183 11117852 1684523 673808 5340092 4272073 801014 267005 0 449585 449585 302083 302083 57872 57872 5252424 5252424 3204649 1974686 171750 1058213 206182 183442 4061 18679 6802417 4081450 2516894 204073 912312 893749 15553 3010 12370 4624 7746 8381116 5196292 3101013 83811 2764292 1713861 304072 746359 1178097 568306 568643 41148 7918071 6234338 1515360 168373 19024859 17170975 1668496 185388 772083 124564 538107 109412 LIBRARY MATERIALS 2714788 2714788 0 0 JYA PROGRAM FEES 3452168 3452168 0 0 OTHER 1900398 215404 1437634 247360 FOOD SERVICES 3995980 0 3995980 0 280408 283293 -2315 -570 226932518 182049430 36611890 8271198 6530287 13596014 54314250 123356995 25385118 40216596 495832 500899 0 0 0 0 3251880 3294839 920223 729695 4854289 3481418 676380076 283644464 373068527 392735612 438375259 425819137 392303868 471525605 8825998 9116806 1308325531 1484373616 25393292 19587456 3212098 3847736 169260000 254615000 69531375 62329516 267396765 340379708 X 331376264 354427775 425496533 482039551 284055969 307526582 1040928766 1143993908 1308325531 1484373616 X 28991374 68857092 0 0 0 5216676 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1 1 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 THE COLLEGE PAYS MEMBERSHIP DUES TO SEVERAL ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. X 1 1 0 0 0 1 0 12 0 0 4336345 49897555 0 0 X X X X X INSTRUCTION 0 804912006 14896339 93117794 11535277 32646420 0 868744442 814130058 17744816 15611923 10941139 31633652 0 804912006 699492470 14765503 139270779 10340803 29057891 0 814130058 658238992 10518749 72954309 10135275 31724305 0 699852470 848362846 13088706 -158781969 10397858 34032733 0 658238992 0.1684 0.3182 0.5134 1 0 539843 1586030 2125873 1962896 403388756 154231506 251120146 0 3531249 1568990 1962259 0 82343342 72095482 10247860 0 183027960 55748486 127279474 392735612 HEDGE FUNDS 265968377 F VENTURE CAPITAL 81275275 F REAL ESTATE OIL & GAS PARTNERSHIPS 98533602 F INSTITUTIONAL MUTUAL FUNDS 20960416 F MARKETABLE REAL ESTATE 3424719 F BALANCED ACCOUNTS 1363216 F 471525605 REFUNDABLE GOVERNMENT LOANS 2666822 PRESENT VALUE OF BENEFICIARY PAYMENTS 12992387 DEPOSITS HELD FOR OTHERS 3985198 ACCRUED PENSION LIABILITY 7913921 ACCRUED POST RETIREMENT BENEFIT 26864636 ASSET RETIREMENT OBLIGATION 7906552 62329516 272268603 68857092 0 0 10532442 79389534 192879069 5117703 57927120 63044823 255923892 169203461 0 0 0 849444 849444 168354017 5117703 53460798 58578501 226932518 SchD_P02_S00_L09 Schedule D, Part II, Line 9 THE COLLEGE'S CONSERVATION EASEMENT HAS NO ATTRIBUTED VALUE AND IS NOT RECORDED IN THE FINANCIAL STATEMENTS. SchD_P03_S00_L04 Schedule D, Part III, Line 4 THE COLLEGE'S FRANCES LEHMAN LOEB ART CENTER MAINTAINS COLLECTIONS OF PAINTINGS, SCULPTURES, PRINTS, PHOTOGRAPHS, AND CERAMICS FOR USE BY FACULTY AND STUDENTS AS A COMPLEMENT TO THE CURRICULUM IN A VARIETY OF INSTRUCTIONAL DISCIPLINES. SchD_P05_S00_L04 Schedule D, Part V, Line 4 THE COLLEGE'S ENDOWMENT FUNDS ARE MAINTAINED ACCORDING TO DONOR RESTRICTIONS AND EARNINGS ARE USED TO SUPPORT SCHOLARSHIPS AND A VARIETY OF PROGRAMS INCLUDING INSTRUCTION, RESEARCH, AND ACADEMIC SUPPORT. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d ADJUSTMENT FOR MINIMUM PENSION LIABILITY 5,573,039; COST OF GOODS SOLD 854,156; POST RETIREMENT BENEFIT CHANGES OTHER THAN NET PERIODIC COSTS 4,367,223; EXEMPT INTEREST SEPARATELY REPORTED 45,845; RENT INCOME, NET OF EXPENSE 137,026; IRS PENALTY FOR ARBITRAGE REBATE (355,209); GRANTS AND OTHER ASSISTANCE TO US ORGANIZATIONS (89,639); TOTAL 10,532,442 SchD_P11_S00_L04b Schedule D, Part XI, Line 4b SCHOLARSHIPS 57,297,120 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d COST OF GOODS SOLD-COMPUTER STORE 854,156; REIMBURSEMENT FOR EXPENSES INCURRED ON BEHALF OF VENDOR-BOOKSTORE (4,712); TOTAL 849,444 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b ADJUSTMENT FOR MINIMUM PENSION LIABILITY (5,573,039); IRS PENALTY FOR ARBITRAGE REBATE 355,209; POST RETIREMENT BENEFIT CHANGES OTHER THAN NET PERIODIC BENEFITS COSTS 661,869; SCHOLARSHIPS 57,927,120; GRANTS AND ASSISTANCE TO US ORGANIZATIONS 89,639; TOTAL 53,460,798 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 VASSAR COLLEGE PUBLICIZES ITS NON-DISCRIMINATORY POLICY VIA BROCHURES MAILED TO ALL POTENTIAL STUDENTS AS WELL AS ON THE COLLEGE'S WEBSITE. SchE_P01_S00_L06 Schedule E, Part I, Line 6 VASSAR COLLEGE PARTICIPATES IN THE U.S. DEPARTMENT OF EDUCATION TITLE IV AID PROGRAMS AND REGULARLY RECEIVES AWARDS FOR RESEARCH FROM SEVERAL FEDERAL AGENCIES. THE COLLEGE ALSO RECEIVES FUNDING FROM NEW YORK STATE'S BUNDY PROGRAM. 1 Europe (including Iceland and Greenland) 4 4 Program Services INSTRUCTION 1867585 Russia and the newly independent States 1 1 Program Services INSTRUCTION 193446 Central America and the Caribbean 0 0 Investments 164100208 5 5 166161239 SCHOLARSHIPS Europe (including Iceland and Greenland) 49 1029104 SCHOLARSHIPS Russia and the newly independent States 2 32161 1 0 1 1 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 STUDENTS WHO ARE AWARDED SCHOLARSHIPS HAVE FUNDS CREDITED TO THEIR ACCOUNT AND USE IS RESTRICTED TO PURPOSES RELATED TO ENROLLMENT IN A PROGRAM OF STUDY. X X X X X X 1 JOHN BROWN LTD INC 46 GROVE STREET PETERBOROUGH NH 03458 CONSULTING 0 0 57872 -57872 0 57872 -57872 AK AR AZ CO MA ME MI MN MS NH NJ NY OR SC VA WA 1 DUTCHESS OUTREACH INC 29 N HAMILTON STREET POUGHKEEPSIE NY 12601 222339537 501(C)(3) 8149 BASIC NEEDS ASSISTANCE FAMILY SERVICES INC 29 N HAMILTON STREET POUGHKEEPSIE NY 12601 141338399 501(C)(3) 17647 BASIC NEEDS ASSISTANCE GLSEN PO BOX 604 YORKTOWN HEIGHTS NY 10598 133942454 501(C)(3) 8149 SCHOOL COMMUNITY DEVELOPMENT RURAL & MIGRANT MINISTRY PO BOX 4757 POUGHKEEPSIE NY 12602 222527596 501(C)(3) 8149 CREATE A STRONG RURAL POPULATION REAL SKILLS NETWORK INC 126 S CHERRY STREET POUGHKEEPSIE NY 12601 261086662 501(C)(3) 16298 LIFE SKILLS FOR YOUTH SPCA- DUTCHESS COUNTY 636 VIOLET AVENUE HYDE PARK NY 12538 141340058 501(C)(3) 8149 PROVIDE SUPPORT FOR NEGLECTED ANIMALS TOWN OF POUGHKEEPSIE 1 OVEROCKER ROAD POUGHKEEPSIE NY 12603 146002386 GOV'T 10000 CONTRIBUTION 7 0 SCHOLARSHIPS 1569 57221620 FELLOWSHIPS 110 705500 SchI_P01_S00_L02 Schedule I, Part I, Line 2 VASSAR COLLEGE RAISES FUNDS FOR, AND MAKES CONTRIBUTIONS TO, A WIDE VARIETY OF 501(C)(3) ORGANIZATIONS IN THE GREATER POUGHKEEPSIE AREA. THESE ORGANIZATIONS ARE SELECTED ANNUALLY BY A COMMITTEE OF EMPLOYEES AND STUDENTS AFTER A REVIEW OF THEIR ACTIVITIES AND MISSION. EMPLOYEES AND STUDENTS ALSO VOLUNTEER TIME AT EACH ORGANIZATION. FUNDS ARE COLLECTED ANNUALLY FROM THE GIFTS OF EMPLOYEES, STUDENTS, TRUSTEES, AND FRIENDS OF THE COLLEGE AS PART OF THE "COMMUNITY WORKS" CAMPAIGN. AT TIMES THE COLLEGE ALSO MAKES SMALL CONTRIBUTIONS TO OTHER LOCAL NON-PROFIT AND GOVERNMENTAL ENTITIES WHO ARE NOT PART OF THE CAMPAIGN. SchI_P03_S00_L00 Schedule I, Part III STUDENTS WHO ARE AWARDED SCHOLARSHIPS HAVE FUNDS CREDITED TO THEIR ACCOUNT AND THE USE IS RESTRICTED TO PURPOSES RELATED TO ENROLLMENT IN A PROGRAM OF STUDY. RECIPIENTS OF FELLOWSHIPS ARE REQUIRED TO SUBMIT PERIODIC WRITTEN REPORTS OF THEIR ACTIVITIES TO THE COLLEGE. X X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 CATHARINE BOND HILL 408255 0 0 0 15553 0 307309 0 104297 0 835414 0 0 0 CATHERINE BAER 256403 0 0 0 5783 0 30000 0 24151 0 316337 0 0 0 DONALD BARTON 116643 0 0 0 146 0 15762 0 39123 0 171674 0 0 0 MARIANNE BEGEMANN 166236 0 0 0 3888 0 20100 0 94573 0 284797 0 0 0 JONATHAN CHENETTE 234577 0 0 0 1674 0 29232 0 65303 0 330786 0 0 0 SUSAN DEKREY 174396 0 0 0 2621 0 22582 0 36577 0 236176 0 0 0 ELIZABETH EISMEIER 266293 0 0 0 34861 0 30000 0 20048 0 351202 0 33043 0 JOHN FEROE 191568 0 0 0 6014 0 23244 0 19465 0 240291 0 0 0 CHRISTOPHER ROELLKE 166480 0 0 0 1150 0 22533 0 122139 0 312302 0 0 0 BRET INGERMAN 89507 0 0 0 98809 0 11013 0 15634 0 214963 0 0 0 MARGARET KITZINGER 150394 0 0 0 1572 0 18563 0 19825 0 190354 0 0 0 LIZABETH PARAVISINI-GEBERT 187911 0 0 0 6016 0 22806 0 53128 0 269861 0 0 0 RONALD SHARP 186415 0 0 0 2211 0 23415 0 30379 0 242420 0 0 0 RICHARD WILSON 179030 0 0 0 3794 0 22400 0 24556 0 229780 0 0 0 JOHN AHERN 151449 0 0 0 26421 0 19699 0 34098 0 231667 0 0 0 JAMES MERRELL 174096 0 0 0 694 0 22154 0 58672 0 255616 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a ON CAMPUS HOUSING IS PROVIDED FOR THE PRESIDENT, DEAN OF FACULTY, AND DEAN OF THE COLLEGE AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGE. THE ESTIMATED VALUE OF THIS HOUSING IS INCLUDED IN PART II, COLUMN D. ANNUAL DUES FOR CLUBS ARE PAID BY THE COLLEGE AND PROVIDED TO THE PRESIDENT FOR THE BENEFIT OF THE COLLEGE. DUES PAID ACCORDING TO CONTRACT ARE TREATED AS IMPUTED INCOME AND ARE INCLUDED IN PART II, COLUMN B III. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 LINE 4A: BRET INGERMAN RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED IN COLUMN BIII OF PART II. LINE 4B: THE COLLEGE MAINTAINS A CLOSED, SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN FOR CERTAIN OFFICERS AND FORMER OFFICERS. THE PLAN HAS BEEN CLOSED SINCE 2004. WITHDRAWALS FROM THE PLAN ARE REPORTED AS TAXABLE INCOME TO THE PARTICIPANT IN PART II, COLUMN BIII AND AS DEFERRED COMPENSATION REPORTED IN A PRIOR FORM 990 IN PART II, COLUMN F. THE COLLEGE MAINTAINS A SECOND SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER SECTION 457(F) OF THE IRS CODE. THE PRESIDENT IS A PARTICIPANT IN THIS PLAN AND AN ANNUAL AMOUNT OF THE DEFERRED COMPENSATION IS CONTRIBUTED NOTIONALLY AND IS INCLUDED IN PART II, COLUMN C. A DORMITORY AUTH OF THE STATE OF NY 146000293 649903KD2 2007-04-18 127431246 CAP IMP, REFUND SERIES 1995 & ADVANCE REFUND SERIES 2001 0 0 0 B DORMITORY AUTH OF THE STATE OF NY 146000293 649905YS9 2010-04-29 50593000 CAPITAL IMPROVEMENTS 0 0 0 C DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 273106797 267045DC3 2013-06-06 87968505 CAPITAL IMPROVEMENTS 0 0 0 A 7925000 0 140255161 0 0 0 1099762 0 0 54233170 85268001 0 2010 1 1 1 1 B 0 0 52289159 0 3021825 0 485944 0 0 28719577 0 20061813 0 0 0 1 C 0 0 87971448 0 0 0 448684 0 0 6469093 0 81053671 0 0 0 1 A 0 0 1 1 1 1 0.02 0.01 0.03 0 0 1 B 0 0 1 1 1 1 0.02 0.01 0.03 0 0 1 C 0 0 1 1 1 1 0.02 0.01 0.03 0 0 1 A 1 0 0 0 1 1 B 0 1 0 0 0 0 0 1 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 SchK_P01_S00_L00f Schedule K, Part I, Column f THE 2007 BONDS REFUNDED THE FOLLOWING BONDS: THE SERIES 1995 BONDS, ISSUE DATE: JANUARY 4, 1996 AND THE SERIES 2001 BONDS, ISSUE DATE: FEBRUARY 16, 2001. SchK_P02_S00_L03 Schedule K, Part II, Line 3 COLUMNS A AND B: AMOUNTS DIFFER FROM THE ISSUE PRICE LISTED IN PART I, (E), DUE TO INTEREST EARNINGS ACCRUED. SchK_P02_S00_L11 Schedule K, Part II, Line 11 CURRENT AND ADVANCED REFUNDING ESCROW EXPENDITURES INCLUDING INTEREST ON SLGS. SchK_P05_S00_L00 Schedule K, Part V THE ORGANIZATION IMPLEMENTED REVISED WRITTEN PROCEDURES TO UNDERTAKE CORRECTIVE ACTION SHORTLY AFTER THE COMPLETION OF THE REPORTING PERIOD APPLICABLE TO THIS FORM. NA NA 164088 TUITION ASSISTANCE TUITION ASSISTANCE JOHN FEROE OFFICER 39042 EMPLOYEE FAMILY MEMBER 0 X 14 4336345 INDEPENDENT APPRAISAL X 129 INDEPENDENT VALUATION X 229 11236143 FMV 11 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b GIFTS OF SECURITIES ARE RECEIVED BY REGISTERED BROKERS AND SOLD ON BEHALF OF THE COLLEGE. PROCEEDS FROM SALES ARE DEPOSITED INTO THE COLLEGE BANK ACCOUNTS. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 THERE HAS BEEN SIGNIFICANT CHANGES AND UPDATES TO THE GOVERNING DOCUMENTS DURING THE PAST YEAR. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b THE BOARD OF TRUSTEES DELEGATES THE RESPONSIBILITY FOR OVERSIGHT OF THE PREPARATION OF FORM 990 TO THE AUDIT COMMITTEE WHICH REVIEWS THE FORM 990 AS A DRAFT PRIOR TO THE COMPLETION OF THE REVIEW BY THE COLLEGE'S CERTIFIED PUBLIC ACCOUNTANT. THE FINAL VERSION IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c VASSAR COLLEGE ISSUES CONFLICT OF INTEREST QUESTIONNAIRES TO OFFICERS, DIRECTORS, TRUSTEES AND OTHER MEMBERS OF THE FACULTY AND ADMINISTRATION WITH SIGNIFICANT BUDGETARY RESPONSIBILITIES. ONCE THE COMPLETED FORMS ARE SUBMITTED TO THE SECRETARY OF THE BOARD AND REVIEWED BY THE VICE PRESIDENT FOR FINANACE AND ADMINISTRATION, THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE, THE COLLEGE RESPONDS TO ANY DISCLOSURES WITH APPROPRIATE ACTION INCLUDING REQUIRING PERSONS TO RECUSE THEMSELVES FROM INVOLVEMENT WITH ANY DECISIONS FOR WHICH THE RELATIONSHIP WOULD REPRESENT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 VASSAR PARTICIPATES IN A THIRD PARTY DATA COLLECTION PROCESS WITH 25 PEER COLLEGES. WE SUBMIT DATA ANNUALLY TO A PROFESSIONAL COMPENSATION ANALYST, WHO SUMMARIZES THE DATA AS A RANGE WITH QUARTILES. THE REPORT IS PROVIDED TO THE PERSONNEL AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD DETERMINES RAISES FOR ALL SENIOR OFFICERS AND REPORTS THEIR FINDINGS THROUGH THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. COMMITTEE RECORDS ARE MAINTAINED BY THE SECRETARY OF THE BOARD OF TRUSTEES FOR THE PERMANENT FILES OF THE BOARD. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 VASSAR PUBLISHES ITS GOVERNANCE IN PRINT AND ONLINE, THE CONFLICT OF INTEREST IS PUBLISHED ONLINE, AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AND IN PRINT FORM BY REQUEST. F990_P11_S00_L09 Form 990, Part XI, Line 9 POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COST 4,367,223; EXEMPT INTEREST SEPARATELY REPORTED 45,846; RENTAL INCOME, NET OF EXPENSES 137,026; REIMBURSEMENTS FOR EXPENSES INCURRED ON BEHALF OF VENDOR-BOOKSTORE 4,712; POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COST 661,869; TOTAL OTHER CHANGES IN NET ASSETS 5,216,676 COLLEGE PROPERTIES LLC 124 RAYMOND AVENUE BOX 655 POUGHKEEPSIE NY 12604 141817534 RE INVESTMENT NY -137025 2476437 N/A POOLED INCOME FUND 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1.00 0 CHARITABLE REMAINDER UNITRUST 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1 0 CHARITABLE REMAINDER ANNUITY TRUST 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1 0 CHARITABLE REMAINDER UNITRUST 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 POOLED INCOME FUND r 538987 FMV CHARITABLE REMAINDER UNITRUST s 430948 FMV