WESLEYAN UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WESLEYAN UNIVERSITY (EIN 06-0646959)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201341359349305239
- Schema version
- 2011v1.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T12:48:23-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646959 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESLEYAN UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % WESLEYAN UNIVERSITY | InCareOfName |
| Name Control | WESL | NameControl |
| Phone | 8606852000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 237 HIGH STREET NORTH COLLEGE | AddressLine1 |
| City | MIDDLETOWN | City |
| State | CT | State |
| ZIP Code | 06459 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN C MEERTS | Name |
| Title | VP FINANCE & ADMINISTRATION | Title |
| Date Signed | 2013-05-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179881000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL ROTH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 237 HIGH STREET | AddressLine1 |
| City | MIDDLETOWN | City |
| State | CT | State |
| ZIP Code | 06459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 465406859 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WESLEYAN.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1831 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | WESLEYAN UNIVERSITY IS DEDICATED TO PROVIDING AN EDUCATION IN LIBERAL ARTS BY BUILDING A DIVERSE, ENERGETIC COMMUNITY OF STUDENTS, FACULTY AND STAFF WHO VALUE INDEPENDENCE OF MIND AND GENEROSITY OF SPIRIT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3979 | TotalNbrEmployees |
| Total Nbr Volunteers | 2103 | TotalNbrVolunteers |
| Total Gross UBI | -485486 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -660092 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 51175564 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 42759578 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 168526000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 177533000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 44564575 | InvestmentIncomePriorYear |
| Investment Income Current Year | 38136590 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5772861 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5900422 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 270039000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 264329590 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 44833189 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 50638905 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 98973990 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 104210876 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 9282087 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 81783821 | OtherExpensePriorYear |
| Other Expenses Current Year | 80735219 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 225591000 | TotalExpensesPriorYear |
| Total Expenses Current Year | 235585000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 44448000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 28744590 | RevenuesLessExpensesCY |
| Total Assets BOY | 1004790000 | TotalAssetsBOY |
| Total Assets EOY | 1021730000 | TotalAssetsEOY |
| Total Liabilities BOY | 281351000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 280319000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 723439000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 741411000 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WESLEYAN UNIVERSITY IS DEDICATED TO PROVIDING AN EDUCATION IN LIBERAL ARTS BY BUILDING A DIVERSE, ENERGETIC COMMUNITY OF STUDENTS, FACULTY AND STAFF WHO VALUE INDEPENDENCE OF MIND AND GENEROSITY OF SPIRIT. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 146095000 | Expense |
| Grants | 50616000 | Grants |
| Revenue | 138082000 | Revenue |
| Description | *INSTRUCTION AND RESEARCH* WESLEYAN UNIVERSITY OFFERS INSTRUCTION IN 40 DEPARTMENTS AND 47 MAJOR FIELDS OF STUDY AND AWARDS THE BACHELOR OF ARTS AND GRADUATE DEGREES. THE MASTER OF ARTS DEGREE AND THE DOCTOR OF PHILOSOPHY ARE REGULARLY AWARDED IN SIX FIELDS OF STUDY. STUDENTS MAY CHOOSE FROM MORE THAN 900 COURSES EACH YEAR AND MAY BE COUNTED UPON TO DEVISE, WITH THE FACULTY, SOME 900 INDIVIDUAL TUTORIALS AND LESSONS. PLEASE SEE SCHEDULE O FOR DETAIL. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 41714000 | Expense |
| Revenue | 39451000 | Revenue |
| Description | *AUXILIARY SERVICES AND OTHER* AUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR OVER 2,900 STUDENTS RESIDING ON A 340 ACRE CAMPUS. THERE ARE 8 RESIDENCE HALLS, 7 APARTMENT COMPLEXES AND OVER 25 PROGRAM HOUSES IN ADDITION TO OVER 140 HOUSE UNITS ON CAMPUS FOR UPPERCLASSMEN STUDENTS. WORKING IN PARTNERSHIP WITH STUDENTS AND COLLABORATIVELY WITH OTHER MEMBERS OF THE WESLEYAN COMMUNITY, THE OFFICE OF RESIDENTIAL LIFE STRIVES TO PROVIDE A SAFE AND SUPPORTIVE RESIDENTIAL ENVIRONMENT WHICH COMPLEMENTS AND EXTENDS STUDENTS' EDUCATIONAL EXPERIENCE. PLEASE SEE SCHEDULE O FOR DETAIL. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10320000 | Expense |
| Description | *LIBRARIES* LIBRARY EXPENSES INCLUDE ACQUISITION OF BOOKS, PERIODICALS AND OTHER MATERIALS, COMPENSATION OF STAFF, AND OTHER EXPENDITURES IN SUPPORT OF THE LIBRARY. PLEASE SEE SCHEDULE O FOR DETAIL. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 756427 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 22905 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 5538000 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 198885427 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 660 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3979 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | GM | NameOfForeignCountry |
| Name Of Foreign Country | IT | NameOfForeignCountry |
| Name Of Foreign Country | SP | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WESLEYAN UNIVERSITY | NamePerson |
| Telephone Number | 8606852000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 237 HIGH STREET | AddressLine1 |
| City | MIDDLETOWN | City |
| State | CT | State |
| ZIP Code | 06459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (49 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL S ROTH | |||||||||
| PRESIDENT AND TRUSTEE | 38.0 | X | X | 552615 | 0 | 107403 | |||
| ROBERT L ALLBRITTON | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| K TUCKER ANDERSEN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| DAVID M BARTHOLOMEW | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| JOSHUA S BOGER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| PHOEBE C BOYER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| JACK W BRAITMAYER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| ELIZABETH BEEZER CLARKSON | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||||
| JAMES M CITRIN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| BOBBY J DONALDSON II | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| GEOFFREY M DUYK | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| JOHN B FRANK | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| KAREN J FREEDMAN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| IRMA V GONZALEZ | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||||
| DARRYL B HAZEL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| ELLEN JEWETT | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| DAPHNE KWOK | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MICHAEL S LEWIS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MICHELLE A LYN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| HIRUT M'CLEOD | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||||
| FREDERICK C MAYNARD III | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| DONNA S MOREA | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| ILANA WIND NEWELL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| LINDA E RAPPAPORT | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| ELLEN E REMMER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| DAVID L ROSENBLUM | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||||
| BRIAN L SCHORR | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| AMY SCHULMAN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| JEFFREY L SHAMES | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||||
| FRANK V SICA | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| SHONNI J SILVERBERG | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| WARREN RENNY CSMITHJR | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| ADAM USDAN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| JOHN C MEERTS | |||||||||
| VP FINANCE & ADMINISTRATION | 38.0 | X | 249985 | 0 | 63156 | ||||
| MARIANNE CALNEN | |||||||||
| SECRETARY OF THE UNIVERSITY | 38.0 | X | 89448 | 0 | 23904 | ||||
| BARBARA-JAN WILSON | |||||||||
| VP FOR UNIVERSITY RELATIONS | 38.0 | 240148 | 0 | 64710 | X | ||||
| ROB ROSENTHAL | |||||||||
| PROVOST & VP ACADEMIC AFFAIRS | 38.0 | 225552 | 0 | 47245 | X | ||||
| SONIA BASSHEVA MANJON | |||||||||
| VP INSTITUTIONAL PARTNERSHIPS | 38.0 | 162984 | 0 | 46687 | X | ||||
| NANCY HARGRAVE MEISLAHN | |||||||||
| DEAN ADMISSION/FINANCIAL AID | 38.0 | 162521 | 0 | 38584 | X | ||||
| ANNE MARTIN | |||||||||
| CHIEF INVESTMENT OFFICER | 38.0 | 555576 | 0 | 79678 | X | ||||
| MICHAEL J WHALEY | |||||||||
| VICE PRESIDENT STUDENT AFFAIRS | 38.0 | 150481 | 0 | 60111 | X | ||||
| JEANINE D BASINGER | |||||||||
| PROFESSOR | 38.0 | 235240 | 0 | 54540 | X | ||||
| JILL G MORAWSKI | |||||||||
| PROFESSOR | 38.0 | 184390 | 0 | 54884 | X | ||||
| WILLIAM HERBST | |||||||||
| PROFESSOR/CHAIR | 38.0 | 189851 | 0 | 35399 | X | ||||
| DAVID L BEVERIDGE | |||||||||
| PROFESSOR | 38.0 | 199753 | 0 | 34781 | X | ||||
| NAT GREENE | |||||||||
| PROFESSOR | 38.0 | 196286 | 0 | 40878 | X | ||||
| JOSEPH W BRUNO | |||||||||
| PROFESSOR | 38.0 | 186034 | 0 | 48538 | X | ||||
| PETER C PATTON | |||||||||
| PROFESSOR | 38.0 | 177503 | 0 | 30191 | X | ||||
| THOMAS KANNAM | |||||||||
| FORMER VP/CIO | 0.0 | 101455 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3859822 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 830689 | TotalOtherCompensation |
| Number Individuals GT100 K | 162 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HRP ASSOCIATES INC | |||||
| 197 SCOTT SWAMP ROAD | FARMINGTON | CT | 06032 | ENGINEERING | 1313922 |
| KPMG LLP | |||||
| PO BOX 120001 | DALLAS | TX | 75312 | ACCOUNTING | 237250 |
| IRIDIAN ASSET MANAGEMENT LLC | |||||
| 276 POST ROAD WEST | WESTPORT | CT | 068804704 | INVESTMENT MGMT | 188718 |
| KENNETH BOROSON ARCHITECTS LLC | |||||
| 315 PECK ST | NEW HAVEN | CT | 06513 | ARCHITECT | 180264 |
| WELLINGTON TRUST COMPANY LLP | |||||
| PO BOX 13766 | NEWARK | NJ | 071880766 | INVESTMENT MGMT | 170548 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 5428 | FundraisingEvents |
| Government Grants | 8166092 | GovernmentGrants |
| All Other Contributions | 34588058 | AllOtherContributions |
| Noncash Contributions | 4699745 | NoncashContributions |
| Total Contributions | 42759578 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 138082000 | 138082000 |
| AUXILIARY SERVICES | 611710 | 39451000 | 39451000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 177533000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5261000 | TotalRevenueColumn |
| Unrelated Business Revenue | -485486 | UnrelatedBusinessRevenue |
| Exclusion | $5,746,486 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2000 | TotalRevenueColumn |
| Exclusion | $2,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 232097000 | Securities |
| Other | 545850 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 199761000 | Securities |
| Other | 6260 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32336000 | Securities |
| Other | 539590 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32875590 | TotalRevenueColumn |
| Exclusion | $32,875,590 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 7360 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 5428 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 6938 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 422 | TotalRevenueColumn |
| Exclusion | $422 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 0 | GrossIncomeGaming |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1663071 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1303071 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 360000 | TotalRevenueColumn |
| Exclusion | $360,000 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 531390 | BusinessCode |
| Total Revenue Column | 5538000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5538000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5538000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 264329590 | TotalRevenueColumn |
| Related Or Exempt Function Income | 183071000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -485486 | UnrelatedBusinessRevenue |
| Exclusion | $38,984,498 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22905 | Total |
| Program Services | 22905 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50616000 | Total |
| Program Services | 50616000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2258594 | Total |
| Program Services | 898856 | ProgramServices |
| Management And General | 840519 | ManagementAndGeneral |
| Fundraising | 519219 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 486878 | Total |
| Program Services | 486878 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77823151 | Total |
| Program Services | 63207258 | ProgramServices |
| Management And General | 10453264 | ManagementAndGeneral |
| Fundraising | 4162629 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6311999 | Total |
| Program Services | 5133919 | ProgramServices |
| Management And General | 842561 | ManagementAndGeneral |
| Fundraising | 335519 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11809177 | Total |
| Program Services | 9340932 | ProgramServices |
| Management And General | 1797592 | ManagementAndGeneral |
| Fundraising | 670653 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5521077 | Total |
| Program Services | 4402524 | ProgramServices |
| Management And General | 796925 | ManagementAndGeneral |
| Fundraising | 321628 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6420270 | Total |
| Program Services | 4358498 | ProgramServices |
| Management And General | 1535310 | ManagementAndGeneral |
| Fundraising | 526462 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83460 | Total |
| Program Services | 10666 | ProgramServices |
| Management And General | 62499 | ManagementAndGeneral |
| Fundraising | 10295 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233580 | Total |
| Management And General | 233580 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4145199 | Total |
| Management And General | 4145199 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78582 | Total |
| Program Services | 76346 | ProgramServices |
| Management And General | 1037 | ManagementAndGeneral |
| Fundraising | 1199 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5285892 | Total |
| Program Services | 4986927 | ProgramServices |
| Management And General | 246316 | ManagementAndGeneral |
| Fundraising | 52649 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5450380 | Total |
| Program Services | 4524088 | ProgramServices |
| Management And General | 557247 | ManagementAndGeneral |
| Fundraising | 369045 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1272423 | Total |
| Program Services | 407173 | ProgramServices |
| Management And General | 832856 | ManagementAndGeneral |
| Fundraising | 32394 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12242404 | Total |
| Program Services | 8826487 | ProgramServices |
| Management And General | 2670832 | ManagementAndGeneral |
| Fundraising | 745085 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3154927 | Total |
| Program Services | 2463986 | ProgramServices |
| Management And General | 420896 | ManagementAndGeneral |
| Fundraising | 270045 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91117 | Total |
| Program Services | 59566 | ProgramServices |
| Management And General | 26250 | ManagementAndGeneral |
| Fundraising | 5301 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8170205 | Total |
| Program Services | 7434887 | ProgramServices |
| Management And General | 531063 | ManagementAndGeneral |
| Fundraising | 204255 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9860087 | Total |
| Program Services | 8972679 | ProgramServices |
| Management And General | 640906 | ManagementAndGeneral |
| Fundraising | 246502 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 522090 | Total |
| Program Services | 475102 | ProgramServices |
| Management And General | 33936 | ManagementAndGeneral |
| Fundraising | 13052 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DINING | 12912132 | 12912132 | ||
| FOREIGN PROGRAM | 4453319 | 4453319 | ||
| FELLOWSHIPS | 2330505 | 2330505 | ||
| MISCELLANEOUS | 4028647 | 2483794 | 748698 | 796155 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 235585000 | Total |
| Program Services | 198885427 | ProgramServices |
| Management And General | 27417486 | ManagementAndGeneral |
| Fundraising | 9282087 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15591000 | BOY |
| EOY | 6473000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96742000 | BOY |
| EOY | 68131000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29223000 | BOY |
| EOY | 30862000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117000 | BOY |
| EOY | 499000 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8997000 | BOY |
| EOY | 8497000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 793000 | BOY |
| EOY | 740000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1083000 | BOY |
| EOY | 1176000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 485256000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 192223000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 286737000 | BOY |
| EOY | 293033000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383533000 | BOY |
| EOY | 372301000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 179160000 | BOY |
| EOY | 231016000 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2814000 | BOY |
| EOY | 9002000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1004790000 | BOY |
| EOY | 1021730000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14459000 | BOY |
| EOY | 12560000 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3041000 | BOY |
| EOY | 3256000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206580000 | BOY |
| EOY | 206580000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57271000 | BOY |
| EOY | 57923000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281351000 | BOY |
| EOY | 280319000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250709000 | BOY |
| EOY | 252914000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 277669000 | BOY |
| EOY | 275403000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 195061000 | BOY |
| EOY | 213094000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 723439000 | BOY |
| EOY | 741411000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1004790000 | BOY |
| EOY | 1021730000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 28744590 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -10772590 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | X | HistoricLandArea |
| Historic Structure | X | HistoricStructure |
| Total Number Of Easements | 2 | TotalNumberOfEasements |
| Total Acreage | 10.00 | TotalAcreage |
| Nmbr Hist Struct Easements | 2 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | true | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 0.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 0 | ExpensesIncurredForEnforcement |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 211092 | RevenuesIncluded |
| Assets In Part X | 7004794 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 601478000 | BeginningOfYearBalance |
| Contributions | 21612000 | Contributions |
| Investment Earnings Or Losses | 22604000 | InvestmentEarningsOrLosses |
| Other Expenditures | 29499000 | OtherExpenditures |
| End Of Year Balance | 616195000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 512875000 | BeginningOfYearBalance |
| Contributions | 17654000 | Contributions |
| Investment Earnings Or Losses | 104000000 | InvestmentEarningsOrLosses |
| Other Expenditures | 33051000 | OtherExpenditures |
| End Of Year Balance | 601478000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 476481000 | BeginningOfYearBalance |
| Contributions | 13264000 | Contributions |
| Investment Earnings Or Losses | 58890000 | InvestmentEarningsOrLosses |
| Other Expenditures | 35760000 | OtherExpenditures |
| End Of Year Balance | 512875000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 652208000 | BeginningOfYearBalance |
| Contributions | 8800000 | Contributions |
| Investment Earnings Or Losses | -149099000 | InvestmentEarningsOrLosses |
| Other Expenditures | 35428000 | OtherExpenditures |
| End Of Year Balance | 476481000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.27000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.31000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.42000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26055000 | OtherCostOrOtherBasis |
| Book Value | 26055000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 358249000 | OtherCostOrOtherBasis |
| Depreciation | 114036000 | Depreciation |
| Book Value | 244213000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 99517000 | OtherCostOrOtherBasis |
| Depreciation | 78187000 | Depreciation |
| Book Value | 21330000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1435000 | OtherCostOrOtherBasis |
| Book Value | 1435000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 293033000 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| REAL ESTATE | 117585000 | F |
| PRIVATE EQUITY | 113431000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 231016000 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TERM LOANS | $4,162,000 |
| CHARITABLE REMAINDER TRUSTS | $8,411,000 |
| POST RETIREMENT BENEFITS | $19,127,000 |
| PERKINS LOAN PROGRAM | $5,331,000 |
| ASSET RETIREMENT OBLIGATION | $12,371,000 |
| BOND PREMIUM | $8,521,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 57923000 | TotalOfAmounts |
| Total Revenue | 264329590 | TotalRevenue |
| Total Expenses | 235585000 | TotalExpenses |
| Excess Or Deficit For Year | 28744590 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -7704590 | NetUnrealizedGLOnInvestments |
| Other | -$3,068,000 | OtherAmount |
| Total Adjustments | -10772590 | TotalAdjustments |
| Excess Or Deficit Per FS | 17972000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 247662000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -7704590 | NetUnrealizedGainsInvestments |
| Other Revenues | -3068000 | OtherRevenues |
| Revenue Not Rptd F990 | -10772590 | RevenueNotRptdF990 |
| Revenue Subtotal | 258434590 | RevenueSubtotal |
| Investment Expenses Not Included | 5895000 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5895000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 264329590 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 229690000 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 229690000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 5895000 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 5895000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 235585000 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CONSERVATION EASEMENTS | PART II, LINE 9 | WESLEYAN UNIVERSITY DOES NOT OWN ANY PROPERTY ENCUMBERED BY A CONSERVATION EASEMENT. HOWEVER, THE LONG LANE PARCEL IS CURRENTLY UNDER THE TRANSFER ACT AGREEMENT WITH CT DEP AND INCLUDES REMEDIATED SOIL PILES, EXCAVATIONS AND IMPACTED WETLANDS. THESE ARE PROTECTED UNDER LOCAL AND STATE REGULATIONS AND HAVE A WRITTEN MANAGEMENT PLAN WHICH PROVIDES A POLICY FOR PROTECTING THE AREAS INCLUDING THE PERIODIC MONITORING, INSPECTION, AND ENFORCEMENT OF THE SITE. REGARDING HISTORIC BUILDINGS, THE CITY OF MIDDLETOWN DESIGN PRESERVATION AND REVIEW BOARD (DRPB) REVIEWS PROPOSED RENOVATIONS TO ALL HISTORIC STRUCTURES IN CERTAIN DISTRICTS, WHICH INCLUDES WESLEYAN'S CAMPUS. THE DRPB THEN MAKES RECOMMENDATIONS TO THE MIDDLETOWN DIRECTOR OF PLANNING FOR SUCH RENOVATIONS. WESLEYAN POLICY REQUIRES OUR CONTRACTED ARCHITECTS, ENGINEERS AND CONTRACTORS TO COMPLY WITH ALL LOCAL, STATE AND FEDERAL REGULATIONS ON EVERY PROJECT. CONTRACTS FOR DESIGN SERVICES IN HISTORIC BUILDINGS REQUIRE THAT THE ARCHITECT AND WESLEYAN SUBMIT PROPOSED RENOVATION PLANS TO THE CITY OF MIDDLETOWN AND THE DRPB AS REQUIRED BY ZONING LAW. |
| ORGANIZATIONS COLLECTIONS OF ARTS | PART III, LINE 4 | THE UNIVERSITY MAINTAINS WORKS OF ART IN THE DAVISON ART CENTER (DAC), OLIN LIBRARY, SCIENCE LIBRARY AND ARCHIVES. WESLEYAN STUDENTS IN MANY DEPARTMENTS USE THE DAC COLLECTION FOR CLASS ASSIGNMENTS OR VIEWINGS AS WELL AS FOR INDIVIDUAL RESEARCH PROJECTS WITH UNIVERSITY FACULTY, AND THE MUSEUM ALSO ENCOURAGES TEACHING AND LEARNING FROM OBJECTS IN A WIDE RANGE OF OTHER WAYS. THE LIBRARY MAINTAINS SPECIAL COLLECTIONS AND ARCHIVES WHICH INCLUDE AROUND 25,000 RARE BOOKS AND COLLECTIONS THAT SERVE TO STIMULATE UNDERGRADUATE MINDS ABOUT THE PAST, OFFER LABORATORY MATERIALS IN THE HUMANITIES, AND PROVIDE SOME PREPARATION FOR ADVANCED SCHOLARSHIP. |
| ENDOWMENT FUNDS | PART V, LINE 4 | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,300 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE UNIVERSITY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE UNIVERSITY FOLLOWS A POLICY OF SPENDING BETWEEN 4.5% AND 5.5% OF THE 12-QUARTER MOVING AVERAGE OF THE MARKET VALUE OF THE ENDOWMENT IN SUPPORT OF THE OPERATING AND CAPITAL BUDGETS. ABOUT 85% OF THE PERMANENTLY RESTRICTED NET ASSETS CONSIST OF THOSE FOR WHICH INCOME IS RESTRICTED TO FINANCIAL AID, INSTRUCTION AND RESEARCH. |
| UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740) | PART X, LINE 2 | THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. |
| OTHER ADJUSTMENTS TO NET ASSETS | PART XI, LINE 8 | POST RETIREMENT BENEFIT LIABILITY ADJUSTMENT (1,227,000) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT (1,841,000) TOTAL (3,068,000) |
| OTHER REVENUE INCLUDED IN AFS NOT IN FORM 990 | PART XII, LINE 2D | POST RETIREMENT BENEFIT LIABILITY ADJUSTMENT (1,227,000) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT (1,841,000) TOTAL (3,068,000) |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NONDISCRIMINATORY POLICY | Identifier |
| Return Reference | SCHEDULE E, LINE 3 | ReturnReference |
| Explanation | THE NONDISCRIMINATORY POLICY IS PROMINENTLY DISPLAYED ON ADVERTISEMENTS FOR EMPLOYMENT WHICH APPEAR IN NEWSPAPERS AND THE INTERNET. IT ALSO APPEARS IN ADMISSIONS CATALOGUES, EMPLOYMENT APPLICATIONS AND EMPLOYEE AND FACULTY HANDBOOKS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (18 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | STUDY ABROAD | 3389190 |
| East Asia and the Pacific | Program Services | STUDY ABROAD | 299280 |
| Sub-Saharan Africa | Program Services | STUDY ABROAD | 159231 |
| Middle East and North Africa | Program Services | STUDY ABROAD | 75936 |
| South America | Program Services | STUDY ABROAD | 175784 |
| South Asia | Program Services | STUDY ABROAD | 103994 |
| North America | Program Services | STUDY ABROAD | 5461 |
| Central America and the Caribbean | Program Services | RESEARCH/RECRUITING | 1615 |
| East Asia and the Pacific | Program Services | INVESTMENTS/RECRUITING | 59907 |
| Europe (Including Iceland and Greenland) | Program Services | RESEARCH/INVESTMENTS | 16727 |
| Middle East and North Africa | Program Services | RESEARCH | 22114 |
| North America | Program Services | RESEARCH/RECRUITING | 2705 |
| Russia and the Newly Independent States | Program Services | RESEARCH | 581 |
| South America | Program Services | RESEARCH/RECRUITING | 6187 |
| South Asia | Program Services | RESEARCH/RECRUITING | 1671 |
| Sub-Saharan Africa | Program Services | RESEARCH | 1184 |
| Central America and the Caribbean | Investments | 120219851 | |
| Europe (Including Iceland and Greenland) | Investments | 21065072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 124541418 | SubtotalAmountSpent |
| Cont Amount Spent | 21065072 | ContAmountSpent |
| Total Amount Spent | 145606490 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | true | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF MIDDLETOWN | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 DEKOVEN DRIVE | AddressLine1 |
| City | MIDDLETOWN | City |
| State | CT | State |
| ZIP Code | 06457 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 066001872 | EINOfRecipient |
| IRC Section | 170(B)(1)(A)(V) | IRCSection |
| Amount Of Cash Grant | 22905 | AmountOfCashGrant |
| Purpose Of Grant | UNRESTRICTED | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SEOG | 257 | 749000 |
| CT STATE GRANTS | 64 | 297000 |
| FREEMAN SCHOLARSHIP | 57 | 1053000 |
| TUITION REMISSION | 153 | 4274000 |
| UNIVERSITY SCHOLARSHIP | 1358 | 44243000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING THE USE OF GRANT FUNDS | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | GRANTS TO ORGANIZATIONS IN THE U.S. THE UNIVERSITY MAY MAKE DONATIONS TO SUPPORT ITS TOWN OR NON-PROFIT ORGANIZATIONS. IN THESE INSTANCES, THE UNIVERSITY GENERALLY DOES NOT MONITOR THE ULTIMATE USE OF THE FUNDS AS THESE AMOUNTS ARE UNRESTRICTED GRANTS TO MUNICIPALITIES OR ORGANIZATIONS THAT ARE RECOGNIZED AS BEING DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C). GRANTS TO INDIVIDUALS IN THE U.S. FINANCIAL AID IS DETERMINED BASED ON A NEEDS ANALYSIS AND APPLIED TO STUDENT CHARGES THAT SUPPORT COST OF ATTENDANCE. STUDENT CHARGES ARE USED IN SUPPORT OF THE UNIVERSITY'S MISSION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (16 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL S ROTH | |||||||||||||
| 424733 | 0 | 80000 | 0 | 47882 | 0 | 38877 | 0 | 68526 | 0 | 660018 | 0 | 0 | 0 |
| JOHN C MEERTS | |||||||||||||
| 248950 | 0 | 0 | 0 | 1035 | 0 | 43072 | 0 | 20084 | 0 | 313141 | 0 | 0 | 0 |
| BARBARA-JAN WILSON | |||||||||||||
| 239113 | 0 | 0 | 0 | 1035 | 0 | 26441 | 0 | 38269 | 0 | 304858 | 0 | 0 | 0 |
| ROB ROSENTHAL | |||||||||||||
| 210785 | 0 | 0 | 0 | 14767 | 0 | 23712 | 0 | 23533 | 0 | 272797 | 0 | 0 | 0 |
| SONIA BASSHEVA MANJON | |||||||||||||
| 161949 | 0 | 0 | 0 | 1035 | 0 | 16989 | 0 | 29698 | 0 | 209671 | 0 | 0 | 0 |
| NANCY HARGRAVE MEISLAHN | |||||||||||||
| 161756 | 0 | 0 | 0 | 765 | 0 | 17719 | 0 | 20865 | 0 | 201105 | 0 | 0 | 0 |
| ANNE MARTIN | |||||||||||||
| 319541 | 0 | 235000 | 0 | 1035 | 0 | 40939 | 0 | 38739 | 0 | 635254 | 0 | 0 | 0 |
| MICHAEL J WHALEY | |||||||||||||
| 149546 | 0 | 0 | 0 | 935 | 0 | 16206 | 0 | 43905 | 0 | 210592 | 0 | 0 | 0 |
| JEANINE D BASINGER | |||||||||||||
| 191348 | 0 | 0 | 0 | 43892 | 0 | 25008 | 0 | 29532 | 0 | 289780 | 0 | 0 | 0 |
| JILL G MORAWSKI | |||||||||||||
| 150018 | 0 | 0 | 0 | 34372 | 0 | 20072 | 0 | 34812 | 0 | 239274 | 0 | 0 | 0 |
| WILLIAM HERBST | |||||||||||||
| 148331 | 0 | 0 | 0 | 41520 | 0 | 15952 | 0 | 19447 | 0 | 225250 | 0 | 0 | 0 |
| DAVID L BEVERIDGE | |||||||||||||
| 199753 | 0 | 0 | 0 | 0 | 0 | 21642 | 0 | 13139 | 0 | 234534 | 0 | 0 | 0 |
| NAT GREENE | |||||||||||||
| 196286 | 0 | 0 | 0 | 0 | 0 | 20785 | 0 | 20093 | 0 | 237164 | 0 | 0 | 0 |
| JOSEPH W BRUNO | |||||||||||||
| 185069 | 0 | 0 | 0 | 965 | 0 | 20997 | 0 | 27541 | 0 | 234572 | 0 | 0 | 0 |
| PETER C PATTON | |||||||||||||
| 177503 | 0 | 0 | 0 | 0 | 0 | 19387 | 0 | 10804 | 0 | 207694 | 0 | 0 | 0 |
| THOMAS KANNAM | |||||||||||||
| 0 | 0 | 0 | 0 | 101455 | 0 | 0 | 0 | 0 | 0 | 101455 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BENEFITS | Identifier |
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE UNIVERSITY WILL REIMBURSE THE COST OF AIRPLANE TICKETS IN COACH CLASS ONLY, UNLESS SCHEDULING OR A MEDICAL CONDITION NECESSITATES OTHER ARRANGEMENTS. THE PRESIDENT AND VICE PRESIDENT FOR STUDENT AFFAIRS MUST LIVE ON CAMPUS AS A REQUIREMENT OF THEIR EMPLOYMENT AND THE FAIR MARKET VALUE OF THE HOUSING HAS BEEN INCLUDED AS A NON-TAXABLE BENEFIT ON SCHEDULE J. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| CHEFA SERIES G | |||||||
| 060646959 | 20774U2Z7 | 2010-05-18 | 197314059 | CHEFA SERIES G - REFUND PRIOR BOND | false | false | false |
| CHEFA SERIES H | |||||||
| 060646959 | 20774U3A1 | 2010-05-18 | 20105000 | CHEFA SERIES H - REFUND PRIOR BOND | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 197314059 | 0 | 0 | 0 | 1454059 | 0 | 12860000 | 183000000 | 0 | 0 | 2008 | true | false | true | true |
| 0 | 0 | 20105000 | 0 | 0 | 0 | 105000 | 0 | 0 | 20000000 | 0 | 0 | 2008 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | true | true | false | 0.00360 | 0.00000 | 0.00360 | true |
| false | false | true | true | false | 0.00040 | 0.00000 | 0.00040 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| false | false | false | false | false | false | 0 | false | false |
| 0 | ||||||||
| false | true | false | false | false | false | 0 | false | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ANNE GREENE | |||
| FAMILY OF J FRANK-TRUSTEE | 214375 | EMPLOYEE COMPENSATION | false |
| NAT GREENE | |||
| FAMILY OF J FRANK-TRUSTEE | 237163 | EMPLOYEE COMPENSATION | false |
| CHIEFTAIN CAPITAL MANAGEMENT | |||
| SHONNI SILVERBERG-TRUSTEE | 6855748 | SEE PART V | false |
| KARI WEIL | |||
| SPOUSE OF M. ROTH-OFFICER | 113149 | EMPLOYEE COMPENSATION | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BUSINESS TRANSACTIONS WITH INTERESTED PERSONS | Identifier |
| Return Reference | SCHEDULE L, PART IV, LINE 3, COLUMN D | ReturnReference |
| Explanation | THE TRANSACTION AMOUNT REPORTED ON THIS LINE FOR CHIEFTAIN CAPITAL MANAGEMENT INCLUDES, IN AGGREGATE, ALL INCOME EARNED BY THE UNIVERSITY ON THIS INVESTMENT ($290,945), ANY WITHDRAWALS MADE BY OR DISTRIBUTIONS MADE TO THE UNIVERSITY ($6,000,000), AND INVESTMENT MANAGEMENT FEES ($564,803) PAID BY THE UNIVERSITY. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 211092 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts |
Securities Miscellaneous SecuritiesMiscellaneous
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 286 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4488653 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 5 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | PART I, COLUMN B | ReturnReference |
| Explanation | THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN B. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 | I. MISSION WESLEYAN UNIVERSITY IS DEDICATED TO PROVIDING AN EDUCATION IN THE LIBERAL ARTS THAT IS CHARACTERIZED BY BOLDNESS, RIGOR, AND PRACTICAL IDEALISM. AT WESLEYAN, DISTINGUISHED SCHOLAR-TEACHERS WORK CLOSELY WITH STUDENTS, TAKING ADVANTAGE OF FLUIDITY AMONG DISCIPLINES TO EXPLORE THE WORLD WITH A VARIETY OF TOOLS. THE UNIVERSITY SEEKS TO BUILD A DIVERSE, ENERGETIC COMMUNITY OF STUDENTS, FACULTY, AND STAFF WHO THINK CRITICALLY AND CREATIVELY AND WHO VALUE INDEPENDENCE OF MIND AND GENEROSITY OF SPIRIT. II. VALUES AND CULTURE *AS A LEARNING COMMUNITY* WESLEYAN EDUCATES STUDENTS TO BECOME INDEPENDENT THINKERS CAPABLE OF CONTINUING TO LEARN AND TRANSLATING THAT LEARNING INTO EFFECTIVE WORK AT THE HIGHEST LEVEL. THE EDUCATION ON CAMPUS IS CHARACTERIZED BY COMBINATIONS OF FREEDOM AND PRODUCTIVITY, EXPERIMENTATION AND EVALUATION, AND EXUBERANCE AND RESPONSIBILITY. THIS STIMULATES STUDENTS TO DISCOVER WHAT THEY LOVE TO DO AND GET BETTER AT IT. WESLEYAN CREATES AN ENVIRONMENT IN WHICH STUDENTS CAN STRIVE FOR EXCELLENCE THROUGH HARD WORK THAT IS JOYFUL AND SATISFYING. ALUMNI OF THE INSTITUTION CONTINUE TO DRAW ON THEIR LEARNING EXPERIENCES FOR THE REST OF THEIR LIVES AND REMAIN DEVOTED TO THE INSTITUTION. |
| *AS A CENTER FOR RESEARCH AND CREATIVE PRACTICE* | WESLEYAN ATTRACTS FACULTY AND STUDENTS WHO FIND ENORMOUS VALUE IN | INDEPENDENT RESEARCH, SCHOLARSHIP AND CREATIVE PRACTICE. PROFESSORS FIND STIMULATION IN THE CLASSROOM TO ADVANCE THEIR VARIOUS PROFESSIONAL FIELDS, WHICH IN TURN INVIGORATES TEACHING AND CURRICULUM DEVELOPMENT. THE UNIVERSITY'S SMALL GRADUATE PROGRAMS IN THE SCIENCES AND MUSIC FACILITATE COLLABORATIVE RESEARCH. UNDERGRADUATES ARE GIVEN OPPORTUNITIES FOR ADVANCED INDEPENDENT WORK THROUGH WHICH THEY INCREASE THEIR INTELLECTUAL CAPACITIES AND DISCOVER ASPECTS OF THEMSELVES AND THE WORLD THAT WILL REMAIN MEANINGFUL TO THEM LONG AFTER GRADUATION. MEMBERS OF THE WESLEYAN COMMUNITY ADDRESS SCHOLARLY ISSUES OF IMPORTANCE TO THEIR RESPECTIVE FIELDS AND REGULARLY PRODUCE WORK THAT GOES BEYOND ACADEMIC REALMS TO HAVE A POSITIVE IMPACT ON PUBLIC LIFE. *AS AN INSTITUTIONAL CITIZEN AND LEADER IN EDUCATION* WESLEYAN INSPIRES FACULTY, STAFF AND STUDENTS TO PLAY ACTIVE ROLES AS NEIGHBORS AND CITIZENS. THE UNIVERSITY CONTRIBUTES ECONOMICALLY AND CULTURALLY TO MIDDLETOWN, AND IT INSTILLS IN ITS GRADUATES A SENSE OF CIVIC POSSIBILITY AND PURPOSE. WESLEYAN ALUMNI CREATE OPPORTUNITIES TO INTEGRATE SERVICE INTO THEIR PROFESSIONAL AND PERSONAL LIVES AND GENEROUSLY SUPPORT THE EDUCATIONAL ENTERPRISE ON CAMPUS. THE UNIVERSITY SUPPORTS THE CONTINUED EVOLUTION OF A LIBERAL ARTS EDUCATION AND MAKES A CASE FOR ITS IMPORTANCE IN THE PUBLIC SPHERE. MEMBERS OF THE WESLEYAN COMMUNITY REGULARLY GO ON TO DISTINGUISHED CAREERS IN PUBLIC SERVICE, AND THE UNIVERSITY PROVIDES SUPPORT FOR DISSEMINATING SCHOLARSHIP THAT CAN HAVE POSITIVE PUBLIC IMPACT. |
| PROGRAM SERVICE ACCOMPLISHMENT #1 | FORM 990, PART III, LINE 4A | INSTRUCTION AND RESEARCH INCLUDES ALL EXPENDITURES FOR COMPENSATION AND OTHER EXPENSES IN SUPPORT OF INSTRUCTIONAL ACTIVITY. - 713 BACHELOR OF ARTS AND 83 GRADUATE DEGREES WERE AWARDED IN 2012. - TODAY WESLEYAN OFFERS INSTRUCTION IN 40 DEPARTMENTS AND 47 MAJOR FIELDS OF STUDY AND AWARDS THE BACHELOR OF ARTS AND GRADUATE DEGREES. THE MASTER OF ARTS DEGREE AND THE DOCTOR OF PHILOSOPHY ARE REGULARLY AWARDED IN SIX FIELDS OF STUDY. STUDENTS MAY CHOOSE FROM MORE THAN 900 COURSES EACH YEAR AND MAY BE COUNTED UPON TO DEVISE, WITH THE FACULTY, SOME 900 INDIVIDUAL TUTORIALS AND LESSONS. - THE STUDENT BODY IS MADE UP OF APPROXIMATELY 2,900 FULL-TIME UNDERGRADUATES AND 250 GRADUATE STUDENTS, AS WELL AS MORE THAN 300 PART-TIME STUDENTS IN THE GRADUATE LIBERAL STUDIES PROGRAM. AN ONGOING FACULTY OF MORE THAN 375 IS JOINED EACH SEMESTER BY A DISTINGUISHED GROUP OF VISITING ARTISTS AND PROFESSORS. BUT DESPITE WESLEYAN'S GROWTH, TODAY'S STUDENT/INSTRUCTOR RATIO REMAINS AT 9 TO 1, AND ABOUT TWO THIRDS OF ALL COURSES ENROLL FEWER THAN 20 STUDENTS. |
| PROGRAM SERVICE ACCOMPLISHMENT #2 | FORM 990, PART III, LINE 4B | AUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR OVER 2,800 STUDENTS RESIDING ON A 340 ACRE CAMPUS. THERE ARE 8 RESIDENCE HALLS, 7 APARTMENT COMPLEXES AND OVER 25 PROGRAM HOUSES IN ADDITION TO OVER 140 HOUSE UNITS ON CAMPUS FOR UPPERCLASSMEN. WORKING IN PARTNERSHIP WITH STUDENTS AND COLLABORATIVELY WITH OTHER MEMBERS OF THE WESLEYAN COMMUNITY, THE OFFICE OF RESIDENTIAL LIFE STRIVES TO PROVIDE A SAFE AND SUPPORTIVE RESIDENTIAL ENVIRONMENT WHICH COMPLEMENTS AND EXTENDS STUDENTS' EDUCATIONAL EXPERIENCE. STUDENT-CENTERED PROGRAMS AND SERVICES ARE DEVELOPED AND IMPLEMENTED WITH AN EMPHASIS ON HOLISTIC INDIVIDUAL AND COMMUNITY DEVELOPMENT, STUDENT LEADERSHIP, INDIVIDUAL RESPONSIBILITY, ADVOCACY OF ACADEMIC INQUIRY, AND FREEDOM OF THOUGHT, OPINION AND EXPRESSION IN THE SPIRIT OF MUTUAL RESPECT. THESE ARE THE HALLMARKS OF THE WESLEYAN RESIDENTIAL EXPERIENCE, AND PROVIDE THE ESSENTIAL FOUNDATION FOR A QUALITY LIBERAL ARTS EDUCATION WITHIN A DIVERSE AND DYNAMIC COMMUNITY. |
| PROGRAM SERVICE ACCOMPLISHMENT #3 | FORM 990, PART III, LINE 4C | LIBRARY EXPENSES INCLUDE ACQUISITION OF BOOKS, PERIODICALS AND OTHER MATERIALS, COMPENSATION OF STAFF, AND OTHER EXPENDITURES IN SUPPORT OF THE LIBRARY. THE MISSION OF THE LIBRARY IS TO PROVIDE THE INFORMATION SERVICES AND RESOURCES REQUIRED TO SUPPORT THE LEARNING, TEACHING, AND RESEARCH OF THE WESLEYAN COMMUNITY. TO CARRY OUT THIS MISSION THE LIBRARY WILL: - ORGANIZE AND PROVIDE INTELLECTUAL AND PHYSICAL ACCESS TO COLLECTIONS AND INFORMATION RESOURCES LOCALLY AND WORLD-WIDE - DEVELOP AND PRESERVE LOCAL COLLECTIONS - TEACH AND GUIDE USERS IN THE LIBRARY RESEARCH PROCESS - PROVIDE AN ATMOSPHERE CONDUCIVE TO STUDY, RESEARCH, AND LEARNING - CONTRIBUTING TO THE LARGER SCHOLARLY WORLD THE WESLEYAN LIBRARY WILL PROVIDE UNEXCELLED SERVICES. IT IS A DYNAMIC PLACE WHERE LIBRARY STAFF PROVIDE USERS WITH THE INFORMATION THEY NEED, AS WELL AS A KEEN SENSE THAT THERE ARE MANY PATHS, AND A WIDE RANGE OF SKILLS NECESSARY FOR THE EFFECTIVE USE AND EVALUATION OF INFORMATION RESOURCES. |
| OTHER PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 4D | STUDENT SERVICES INCLUDES THE COSTS ASSOCIATED WITH ADMINISTERING THE OFFICE OF ADMISSIONS, REGISTRAR, FINANCIAL AID, CAREER PLANNING, HEALTH SERVICES, INSTITUTIONAL RESEARCH AND DEAN'S OFFICE. |
| FORM 990 REVIEW PROCESS | FORM 990, PART VI, SECTION B, QUESTION 11A | THE UNIVERSITY'S FISCAL YEAR END IS JUNE 30. THE AUDITED FINANCIAL STATEMENTS ARE FINALIZED IN LATE OCTOBER DUE TO THE TIME IT TAKES TO VALUE ENDOWMENT ASSETS. DURING NOVEMBER AND DECEMBER A TAX COMMITTEE CONSISTING OF UNIVERSITY GENERAL COUNSEL, ASSOCIATE VICE PRESIDENT FOR FINANCE AND MANAGER OF FINANCIAL REPORTING MEET TO DISCUSS ANY SIGNIFICANT CHANGES IN POLICIES, GOVERNANCE, MANAGEMENT AND OTHER ACTIVITY. IN ADDITION, THE FINANCE OFFICE REACHES OUT TO OTHER DEPARTMENTS SUCH AS ACADEMIC AFFAIRS, UNIVERSITY RELATIONS, AND ADMISSIONS TO DETERMINE POTENTIAL FILING ACTIVITY. DURING JANUARY AND FEBRUARY THE FINANCE OFFICE WORKS WITH THE EXTERNAL AUDITORS TO COMPLETE A DRAFT DOCUMENT FOR THE FEBRUARY AUDIT COMMITTEE MEETING. THE DOCUMENT IS PROVIDED TO EACH MEMBER OF THE AUDIT COMMITTEE AND DISCUSSED DURING THE MEETING. THE CHAIR OF THE AUDIT COMMITTEE WILL SUMMARIZE THE REVIEW TO THE FULL BOARD OF TRUSTEES THE FOLLOWING DAY. THE FINAL RETURN IS FILED IN MAY WITH A COPY OF THE FINAL RETURN PROVIDED ELECTRONICALLY TO EACH VOTING MEMBER OF THE GOVERNING BOARD. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, QUESTION 12C | THE UNIVERSITY POSTS ITS CONFLICT OF INTEREST POLICY ON ITS WEBSITE AND REQUIRES QUESTIONNAIRE COMPLETION FROM UNIVERSITY FACULTY, STAFF AND TRUSTEES ON AN ANNUAL BASIS. FACULTY AND STAFF QUESTIONNAIRES ARE COLLECTED ELECTRONICALLY THROUGH NETWORK SIGN ON. CONFLICT OF INTEREST QUESTIONNAIRES FROM BOARD MEMBERS ARE COLLECTED BY THE SECRETARY OF THE UNIVERSITY AND REVIEWED BY LEGAL COUNSEL. RESPONSES ARE MONITORED BY THE UNIVERSITY GENERAL COUNSEL IN CONJUNCTION WITH THE PRESIDENT'S OFFICE. ANY SUPERVISOR RECEIVING NOTICE OF A POTENTIAL CONFLICT OF INTEREST SHALL DETERMINE WHETHER THE SITUATION PRESENTS A POTENTIAL CONFLICT OF INTEREST UNDER THIS POLICY AND DOCUMENT THEIR DETERMINATION IN WRITING. UNLESS THE SUPERVISOR IS ABLE TO CLEARLY DETERMINE THAT NO SUCH CONFLICT EXISTS OR IN THE CASE THAT THE INDIVIDUAL DISAGREES WITH THE SUPERVISOR'S DECISIONS, THE SUPERVISOR SHALL REQUIRE THE INDIVIDUAL TO DISCLOSE THE SITUATION IN WRITING AND THE SUPERVISOR AND/OR INDIVIDUAL SHALL FORWARD THAT DESCRIPTION TO AN APPROPRIATE VICE PRESIDENT OR SENIOR OFFICER OF THE UNIVERSITY. THE SUPERVISOR SHALL NOT PERMIT ANY INDIVIDUAL TO PARTICIPATE IN THE QUESTIONABLE ACTIVITY UNLESS AND UNTIL A VICE PRESIDENT OR SENIOR OFFICER OF THE UNIVERSITY HAS REVIEWED THE ACTIVITY AND CONFIRMED IN WRITING THAT THE ACTIVITY MAY CONTINUE AND/OR THAT THERE ARE RELEVANT SAFEGUARDS IN PLACE TO PROTECT THE UNIVERSITY. ANY INDIVIDUAL WHO DISAGREES WITH A CONFLICT-RELATED DECISION OF ANY VICE PRESIDENT OR SENIOR OFFICER MAY SEEK REVIEW BY THE PRESIDENT OF THE UNIVERSITY WHOSE DECISION SHALL BE FINAL. ON AN ANNUAL BASIS THE UNIVERSITY DISTRIBUTES AND REQUIRES INDIVIDUALS TO COMPLETE A STATEMENT A)CONFIRMING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT OF INTEREST POLICY AND B) THAT THEY HAVE NO KNOWLEDGE OF ANY CONFLICT OF INTEREST EXCEPT FOR THOSE APPROPRIATELY DISCLOSED UNDER THE POLICY. |
| COMPENSATION POLICY | FORM 990, PART VI, SECTION B, QUESTION 15B | WESLEYAN UNIVERSITY'S SALARY ADMINISTRATION IS DESIGNED TO ACCOMPLISH THREE MAJOR OBJECTIVES: - ATTRACT AND RETAIN HIGHLY QUALIFIED STAFF MEMBERS; - LINK COMPENSATION TO PERFORMANCE; AND - PROMOTE CONSISTENCY AND AN INTERNALLY EQUITABLE RELATIONSHIP BETWEEN SALARY AND RESPONSIBILITIES. A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, COMPOSED OF THREE MEMBERS AND CHAIRED BY THE CHAIR OF THE BOARD OF TRUSTEES, IS RESPONSIBLE FOR EVALUATING THE COMPENSATION REASONABLENESS FOR ALL OFFICERS AND KEY EMPLOYEES AS DETERMINED FROM TIME TO TIME. THE COMMITTEE REVIEWS THE PERFORMANCE APPRAISAL OF THE PRESIDENT BY THE BOARD, DETERMINES THE COMPENSATION OF THE PRESIDENT, AND SETS GOALS AND PERFORMANCE MEASURES FOR THE FOLLOWING YEAR. THE COMMITTEE BEGINS DISCUSSION IN THE SECOND HALF OF THE ACADEMIC YEAR. WESLEYAN PARTICIPATES IN AN ANNUAL SURVEY OF ITS PEERS CONDUCTED BY A PRIVATE CONSULTANT. THIS PROCESS ENSURES THAT THE UNIVERSITY REMAINS CONSISTENT WITH THE REGULATORY AND LEGAL REQUIREMENTS OF COMPENSATION IN A 501(c)(3) NON-PROFIT ORGANIZATION. |
| PUBLIC DISCLOSURE | FORM 990, PART VI, SECTION C, QUESTION 19 | THE UNIVERSITY POSTS ITS GOVERNING DOCUMENTS ON ITS WEBSITE AT WWW.WESLEYAN.EDU/GENERALCOUNSEL. IN ADDITION, THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS ARE ON ITS WEBSITE AT WWW.WESLEYAN.EDU/FINANCE/FINANCEDEPT. THE UNIVERSITY'S FORM 990 IS POSTED ON WWW.GUIDESTAR.ORG. THE FORM 990, AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | UNREALIZED LOSSES (7,704,590) POST RETIREMENT BENEFIT LIABILITY ADJUSTMENT (1,227,000) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT (1,841,000) TOTAL (10,772,590) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATED KYOTO PROGRAM | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CONTROLLERS OFFICE COLLEGE HALL RM | AddressLine1 |
| City | NORTHAMPTON | City |
| State | MA | State |
| ZIP Code | 01063 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042996114 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11(c) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|
| CHARITABLE REMAINDER TRUST (2) | ||||
| INVESTING | CT | N/A | TRUST | |
| CHARITABLE REMAINDER UNITRUST (13) | ||||
| INVESTING | CT | N/A | TRUST | |
| CHARITABLE REMAINDER UNITRUST (2) | ||||
| INVESTING | FL | N/A | TRUST | |
| POOLED INCOME FUND (2) | ||||
| INVESTING | CT | TRUST | NA | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER UNITRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 62214 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |