2012-03-02T12:57:04-06:00 2011-06-30 PARENTEBEARD LLC 400 MARKET STREET WILLIAMSPORT PA 17701 990 2010-07-01 231352692 WILSON COLLEGE WILS 7172644141 1015 PHILADELPHIA AVE CHAMBERSBURG PA 17201 LORI TOSTEN 7172644141 2012-03-01 1 JULIUS C GREEN CPA JD 5703236023 2010 2016-02-24 21:20:13Z BARBARA MISTICK 1015 PHILADELPHIA AVE CHAMBERSBURG PA 17201 34034599 0 X WWW.WILSON.EDU X 1869 PA PRIVATE COMPREHENSIVE LIBERAL ARTS AND SCIENCES, NOT-FOR-PROFIT EDUCATIONAL COLLEGE. 24 24 578 75 489953 -80633 12814709 5770142 14754414 15286694 1523256 2718789 712891 710581 29805270 24486206 4893410 5216534 0 0 9611394 9943511 0 0 893948 9364154 9577172 23868958 24737217 5936312 -251011 109095387 118264157 36796415 36095375 72298972 82168782 X WILSON IS A PRIVATE COMPREHENSIVE LIBERAL ARTS AND SCIENCES COLLEGE, NOT-FOR-PROFIT, EDUCATIONAL PROGRAMS COMPRISED OF UNDERGRADUATE COLLEGE FOR WOMEN AND COEDUCATIONAL ADULTS GRADUATE PROGRAMS. 0 0 17763267 5216534 14951516 WILSON UNDERSTANDS THAT SUSTAINABLE SOLUTIONS TO COMPLEX PROBLEMS WILL REQUIRE INNOVATION AND GLOBAL SAVVY - TALENTS DEVELOPED MOST FULLY THROUGH A RIGOROUS, PERSONALIZED EDUCATION IN THE LIBERAL ARTS AND A POWERFUL LEARNING/LIVING ENVIRONMENT FOR STUDENTS OF ALL AGES AND CULTURES. THIS IS WILSON'S COMMITMENT TO ITS STUDENTS.THE COLLEGE FOR WOMEN OFFERS BACCALAUREATE DEGREE PROGRAMS AND RESIDENTIAL HOUSING. THE ADULT DEGREE PROGRAM OFFERS BACCALAUREATE AND ASSOCIATE DEGREE PROGRAMS, TEACHER INTERN PROGRAM, AND OTHER COURSES FOR MEN AND WOMEN. WILSON CONTINUES TO OFFER THE "WOMEN WITH CHILDREN" PROGRAM. THIS PROGRAM PROVIDES CAMPUS HOUSING YEAR-ROUND TO SINGLE MOTHERS AND THEIR CHILDREN SO THAT THE MOTHER CAN PURSUE A BACHELOR'S DEGREE FULL TIME. U.S. NEWS & WORLD REPORT HAS RANKED WILSON 5TH OVERALL IN THE CATEGORY OF BEST REGIONAL COLLEGES IN THE NORTHERN REGION FOR 2011-12; THIS IS THE NINTH CONSECUTIVE YEAR THAT WILSON HAS BEEN RECOGNIZED IN THE RANKINGS.A MASTER OF HUMANITIES PROGRAM IS BEING INTRODUCED IN SPRING 2012 TO ACTIVELY ENGAGE WORKING PROFESSIONALS AND SERIOUS STUDENTS IN HUMANITIES FIELDS IN ORDER TO FURTHER CONTINUE AND ACCELERATE THEIR UNDERSTANDING OF THE CRITICAL INTERROGATIONS, PROCESSES AND INVESTIGATIONS THAT MARK THE FIELD. THE PROGRAM FOCUSES STUDENTS ON LEARNING TO ARTICULATE THEIR OWN EXPRESSION OF ORIGINAL IDEAS BASED ON RIGOROUS THEORETICAL, CRITICAL AND HISTORICAL STUDY OF THE HUMANITIES FIELD. 17763267 1 1 0 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 X 48 0 1 578 1 1 1 1 CJ BD NT EI 0 0 0 1 1 0 0 0 0 X 24 24 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X LORI TOSTEN INTERIM VP FINANCE & ADMINISTRATION 7172622017 1015 PHILADELPHIA AVENUE CHAMBERSBURG PA 17201 TRUDI W BLAIR 1.00 X X 0 0 0 JOHN W GIBB 1.00 X X 0 0 0 ELIZABETH V MCDOWELL 1.00 X X 0 0 0 PATRICIA A TRACEY 1.00 X X 0 0 0 LORNA D EDMUNDSON 40.00 X X 182585 0 48521 PAULA P BROWNLEE 1.00 X 0 0 0 RICHARD C GROVE 1.00 X 0 0 0 SUSANNA N DUKE 1.00 X 0 0 0 LESLIE L DURGIN 1.00 X 0 0 0 JULIE I ENGLUND 1.00 X 0 0 0 EDGAR H HOWELLSJR 1.00 X 0 0 0 PAMELA F KIEHL 1.00 X 0 0 0 BYUNGJU KIM 1.00 X 0 0 0 JANE E MURRAY 1.00 X 0 0 0 STEPHEN C OLDT 1.00 X 0 0 0 TRACEY LESKEY 1.00 X 0 0 0 ELLEN V REED 1.00 X 0 0 0 J SAMUEL HOUSER 1.00 X 0 0 0 MARSHA A SAJER 1.00 X 0 0 0 NANCY C SMITH 1.00 X 0 0 0 JAMES A SMELTZER 1.00 X 0 0 0 JUDITH R STEWART 1.00 X 0 0 0 PAULA S TISHOK 1.00 X 0 0 0 NANCY A KOSTAS 1.00 X 0 0 0 ELEANOR M ALLEN 1.00 X 0 0 0 J EDWARD BECK JR 1.00 X 0 0 0 NANCY A BESCH 1.00 X 0 0 0 BEATRICE F BLACKADAR 1.00 X 0 0 0 ELISABETH H CLARKSON 1.00 X 0 0 0 JOAN F EDWARDS 1.00 X 0 0 0 MARY R GALBRAITH 1.00 X 0 0 0 CYNTHIA D GROVE 1.00 X 0 0 0 PETER MAZUR 1.00 X 0 0 0 CANDACE L STRAIGHT 1.00 X 0 0 0 CARLETON O STROUSS 1.00 X 0 0 0 MARY LOU K WELLS 1.00 X 0 0 0 BETTY LOU L THOMPSON 1.00 X 0 0 0 ELIZABETH F EBERTS 1.00 X 0 0 0 CHARLES S TIDBALL 1.00 X 0 0 0 JAMES FISHER 40.00 X 140633 0 24940 JEFFREY ZUFELT 40.00 X 114347 0 14934 437565 0 88395 3 0 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWSON MD 21204 FOOD SERVICE 746638 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 MAINTENANCE CONTRACTOR 607898 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 CAMPUS SECURITY 130631 3 7500 356397 5406245 505893 5770142 TUITION AND FEES 611710 12124248 12124248 ROOM AND BOARD 611710 2131453 2131453 BOOKSTORE 611710 415793 415793 CONFERENCES 611710 253776 62824 190952 CHILDCARE 624410 229646 229646 131778 62423 69355 15286694 947351 947351 77124 41737 35387 35387 35387 11274533 9494762 8333 1779771 -8333 1771438 1771438 2305 7500 3561 -1256 -1256 POSTAGE REIMBURSEMENT 561000 73262 73262 COPY AND PRINTING REVE 561000 37859 37859 GENERAL STORE CAMPUS S 453220 8267 8267 557062 557062 676450 24486206 14951516 489953 3274595 4744379 4744379 472155 472155 987299 505502 271991 209806 7349811 5528950 1522360 298501 280880 207198 54382 19300 726256 474479 211244 40533 599265 431761 128619 38885 1354525 1354525 35770 35770 73265 73265 373984 373984 156482 70578 85452 452 1590776 1137055 363168 90553 66491 259 66232 797336 793147 4189 429080 259078 113280 56722 379908 225918 129185 24805 1128676 1128676 1858545 1409848 448697 337980 337980 MAINTENANCE 245814 9957 235857 SPECIAL PROJECTS 45720 6964 10807 27949 702820 131514 484864 86442 24737217 17763267 6080002 893948 110527 406521 7665578 4143772 5990569 5624117 500836 317452 1127039 1141215 203693 153597 592076 759825 53911805 20919718 33791310 32992087 32542033 43795864 16867090 17875888 135000 135000 9569636 10918819 109095387 118264157 933099 948762 286384 226682 31180000 31180000 4396932 3739931 36796415 36095375 X 29995763 38270928 7904645 6964362 34398564 36933492 72298972 82168782 109095387 118264157 X -251011 10120821 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18000 38900 X X X 0 50938308 4361120 10533563 681304 4630772 60520915 41170055 7418539 5334035 676836 3049196 50938308 52696730 763222 -9782767 440181 2066949 41170055 0.56830 0.43170 1 0 575546 575546 46711285 17075539 29635746 6002375 3844179 2158196 622599 622599 32992087 LIFE INSURANCE POLICIES CASH SURRENDER VALUE 47440 C ALTERNATIVE INVESTMENTS 17828448 C 17875888 ASSETS HELD IN TRUST UNDER SPLIT INTEREST AGREEMENTS 10918819 10918819 FUNDS HELD IN CUSTODY FOR OTHERS 108533 ADVANCES FROM US GOVT FOR STUDENT LOANS 556460 OBLIGATION UNDER INTEREST-RATE SWAP AGREEMENTS 3074938 3739931 24486206 24737217 -251011 8178292 1942529 10120821 9869810 29432230 8178292 -3274005 4904287 24527943 -41737 -41737 24486206 19562420 41737 41737 19520683 5216534 5216534 24737217 PART III, LINE 4: THE HANKEY CENTER SERVES AS COLLEGE ARCHIVES WHICH INCLUDES THE C. ELIZABETH BOYD ('33) ARCHIVES AND THE BARRON BLEWETT HUNNICUTT CLASSICS GALLERY. THE HANKEY CENTER IS NAMED IN HONOR OF JOAN HANKEY '59, THE DONOR THAT HAS MADE IT POSSIBLE FOR WILSON COLLEGE TO KEEP ALIVE THE HISTORY OF WOMEN AT WILSON AND TO FURTHER THE ADVANCEMENT AND EDUCATION OF WOMEN AND GIRLS GLOBALLY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME FROM ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS, SUPPORT FACULTY/STAFF DEVELOPMENT, AND TO SUPPORT OPERATIONS OF THE COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNIZED THRESHOLD IN FISCAL 2011 AND 2010. PART XI, LINE 8 - OTHER ADJUSTMENTS: GAINS ON FUNDS HELD IN TRUST BY OTHERS 1,265,512. UNREALIZED GAIN ON INTEREST RATE SWAPS 672,065. NONCASH FINANCIAL ASSISTANCE 4,952. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAINS ON FUNDS HELD IN TRUST BY OTHERS 1,265,512. UNREALIZED GAIN ON INTEREST RATE SWAPS 672,065. STUDENT FINANCIAL AID (NETTED AGAINST TUITION ON FINANCIAL STATEMENTS) -5,211,582. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -41,737. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 41,737. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID (NETTED AGAINST TUITION ON FINANCIAL STATEMENTS) 5,211,582. NONCASH FINANCIAL ASSISTANCE 4,952. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NONDISCRIMINATION POLICY IS IN ALL OF ITS' PUBLICATIONS INCLUDING THE SCHOOL'S CATALOG AND COURSE ROSTER. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES VARIOUS FEDERAL GRANTS DIRECTLY FROM THE U.S. DEPARTMENT OF EDUCATION. THESE GRANTS INCLUDE SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, COLLEGE WORK-STUDY FUNDING, AND PELL GRANTS. THE COLLEGE ALSO RECEIVES GRANTS FROM THE COMMONWEALTH OF PENNSYLVANIA, THE MOST SIGNIFICANT OF WHICH IS THE INSTITUTIONAL ASSISTANCE GRANT. 0 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE EUROPE 2 49074 STUDENT ACCOUNT CREDIT SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE RUSSIAN AND THE NEWLY INDEPENDENT STATES 1 10910 STUDENT ACCOUNT CREDIT SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE SUB-SAHARAN AFRICA 2 41194 STUDENT ACCOUNT CREDIT SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE MIDDLE EAST AND NORTH AFRICA 2 74450 STUDENT ACCOUNT CREDIT SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE NORTH AMERICA 1 21828 STUDENT ACCOUNT CREDIT SCHOLARSHIPS FOR STUDENTS ENROLLED AT WILSON COLLEGE EAST ASIA AND THE PACIFIC 15 274699 STUDENT ACCOUNT CREDIT 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED TO INTERNATIONAL STUDENTS WHO DEMONSTRATE FINANCIAL NEED BY COMPLETING A STATEMENT OF FINANCES AND/OR MERIT, BASED ON PRIOR ACADEMIC ACHIEVEMENT. ENDOWED SCHOLARSHIP RECIPIENTS ALSO MEET THE SPECIFIC CRITERIA AS IDENTIFIED BY THE DONORS. RECIPIENTS OF TUITION REMISSION AND PARTICIPANTS IN EXCHANGE PROGRAMS OCCUR THROUGH AN APPLICATION PROCESS FROM SCHOOLS IN WHICH WILSON COLLEGE HAS AN INSTITUTIONAL AGREEMENT. THE SCHOLARSHIPS ARE APPLIED DIRECTLY TO THE COST OF ATTENDING WILSON COLLEGE AND FUNDS ARE NOT ACTUALLY DISBURSED. 1 WILSON GRANTS & SCHOLARSHIPS 317 4168254 4952 CASH VALUE OF ROOM AND BOARD ROOM AND BOARD WAIVER STUDENT WORK STUDY 131 213254 0 N/A N/A TUITION EXCHANGE AND REMISSION STUDENTS ENROLLED 29 152246 0 N/A N/A INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS ENROLLED 77 151835 0 N/A N/A CV STARR SCHOLARSHIP 12 53838 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED TO STUDENTS WHO MEET THE FINANCIAL REQUIREMENTS AS DEMONSTRATED BY THE RESULTS FROM FEDERAL FREE APPLICATION FOR FEDERAL STUDENT AID. ENDOWED SCHOLARSHIP RECIPIENTS ALSO MEET THE SPECIFIC CRITERIA AS IDENTIFIED BY THE DONORS. RECIPIENTS OF TUITION REMISSION AND EXCHANGE PROGRAMS ARE VERIFIED FIRST BY THE DIRECTOR OF HUMAN RESOURCES. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 LORNA D EDMUNDSON 182585 0 0 0 0 0 22000 0 26521 0 231106 0 0 0 JAMES FISHER 140633 0 0 0 0 0 0 0 24940 0 165573 0 0 0 PART I, LINE 1A THE FOLLOWING EMPLOYEES HAVE ON CAMPUS HOUSING FOR FISCAL 2011: LORNA EDMUNDSON, PRESIDENT AND JAMES FISHER, VP FINANCE AND ADMINISTRATION. JEFFREY ZUFELT, VP COLLEGE ADVANCEMENT IS PROVIDED A ROOM ON CAMPUS FOR HIS OCCASIONAL USE WHEN HE MUST BE PRESENT TO ATTEND COLLEGE ADVANCEMENT EVENTS OR MEET WITH DONORS IN THE AREA DURING THE EVENING AND/OR ATTEND EVENTS REQUIRED BY THE COLLEGE OR PRESIDENT. THE UNIVERSITY PAYS LOCAL COUNTRY CLUB DUES FOR THE PRESIDENT. THE HOUSING AND DUES ARE NOT INCLUDED IN TAXABLE INCOME FOR ANY OF THE EMPLOYEES. MUNICIPAL AUTHORITY BOROUGH OF CHAMBERSBURG 251742939 158042AA9 2007-11-08 31180000 CONSTRUCTION OF SCIENCE CENTER BUILDING 0 0 0 31315687 3735769 237534 27342384 2009 1 0 1 1 0 0 1 0 1 0.00000 0.00000 0.00000 1 0 1 1 BANK OF AMERICA SWAP 26.400000000000 0 0 0 0 0 FORM 990, SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS REPORTED ON LINE 3 OF PART II EXCEEDS BOND PROCEEDS IN PART I DUE TO INVESTMENT EARNINGS OF $135,687. X 4 20369 APPRAISALS X 1 7500 BLUE BOOK VALUE X 33 334677 QUOTED MARKET PRICES X HORSES 4 110000 APPRAISALS X FURNITURE & EQUIPMENT 19 19438 COST X GIFT CERTIFICATES, ETC 40 5309 COST X BOOKS & PUBLICATIONS 32 7092 COST X CLOTHING & HOUSEHOLD GOODS 6 1507 COST 9 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 THE COLLEGE OUTSOURCED ITS PHYSICAL PLANT, FOOD SERVICES AND CAMPUS SAFETY FOR FISCAL YEAR 2011. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED FIRST BY THE PRESIDENT AND CABINET (MANAGEMENT REVIEW). PURSUANT TO THE BOARD'S DELEGATION OF AUTHORITY, THE FORM 990 WAS SUBMITTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. FOLLOWING THE AUDIT COMMITTEE'S REVIEW AND APPROVAL, THE FORM 990 WAS PROVIDED TO EACH TRUSTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WILSON COLLEGE CONFLICT OF INTEREST POLICY PROTECTS THE INTERESTS OF THE COLLEGE IN CONNECTION WITH ANY TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF ANY COVERED PERSON. A "COVERED PERSON" INCLUDES EACH OF THE COLLEGE'S TRUSTEES, OFFICERS, MEMBERS OF ANY COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES, AND THE COLLEGE'S EXECUTIVE EMPLOYEES AND ANY OTHER MANAGER OR SUPERVISOR IDENTIFIED BY THE BOARD OF TRUSTEES OR THE PRESIDENT AS EXERCISING SUBSTANTIAL INFLUENCE OVER THE OPERATIONS OF THE COLLEGE. EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT THAT AFFIRMS THAT THEY READ, UNDERSTAND AND AGREE TO COMPLY WITH THE POLICY. THEY ARE ALSO REQUIRED TO SUBMIT, ON AN ANNUAL BASIS, A QUESTIONNAIRE DISCLOSING THEIR ACTUAL AND POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST IDENTIFIED THROUGH THE REVIEW OF THE QUESTIONNAIRE BY THE SECRETARY OR VICE PRESIDENT, OR OTHER POTENTIAL CONFLICTS OF INTEREST ARISING DURING CONSIDERATION OF A TRANSACTION OR ARRANGEMENT ARE REPORTED TO THE BOARD'S AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL EVALUATE THE DISCLOSURES AND THE MATERIAL FACTS AND DETERMINE WHETHER THERE IS A CONFLICT OF INTEREST. THE AUDIT COMMITTEE MAY REFER THE MATTER TO THE BOARD FOR SUCH A DETERMINATION. IF IT IS DETERMINED THAT NO CONFLICT OF INTEREST EXISTS, THE COVERED PERSON MAY PARTICIPATE FULLY IN THE DISCUSSION OF AND VOTE ON THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 A SEPARATE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS CURRENT SALARY, EVALUATION RESULTS FOR THE PRESIDENT, AND DATA FROM THE FOLLOWING SOURCES: SALARIES OF PEER AND ASPIRANT COLLEGES, FORMS 990 FROM OTHER INSTITUTIONS, GUIDESTAR INFORMATION AND RELEVANT SALARY SURVEYS, INCLUDED BUT NOT LIMITED TO, THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PENNSYLVANIA (AICUP) AND THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA), TO ENSURE THAT COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. THE RECOMMENDATION OF THE COMPENSATION COMMITTEE IS THEN SHARED AND DISCUSSED WITH THE ENTIRE BOARD OF TRUSTEES (IN EXECUTIVE SESSION) AND THE ENTIRE BOARD VOTES ON THE COMPENSATION RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,178,292. GAINS ON FUNDS HELD IN TRUST BY OTHERS 1,265,512. UNREALIZED GAIN ON INTEREST RATE SWAPS 672,065. NONCASH FINANCIAL ASSISTANCE 4,952. TOTAL TO FORM 990, PART XI, LINE 5: 10,120,821. FORM 990, SCHEDULE K, PART IV, LINE 3C THE COLLEGE ENTERED INTO THREE INTEREST RATE SWAP AGREEMENTS IN CONNECTION WITH ITS SERIES 2007 BONDS WITH BANK OF AMERICA. THE TERMS OF THE SWAP AGREEMENTS EXPIRE AS FOLLOWS: NOVEMBER 2018, NOVEMBER 2037, AND NOVEMBER 2037.