2012-04-10T11:39:47-07:00 2011-05-31 990 2010-06-01 231352621 BRYN MAWR COLLEGE BRYN 6105265000 101 N Merion Avenue Bryn Mawr PA 190102899 John Griffith 6105265641 2012-04-11 2010 2016-02-24 21:20:13Z Bryn Mawr College 101 N Merion Avenue Bryn Mawr PA 190102899 211122950 0 X www.brynmawr.edu X 1885 PA The mission of Bryn Mawr College is to provide a rigorous education through an undergraduate liberal arts curriculum for women and through co-educational graduate programs in arts and sciences and in social work and social research. 25 25 2413 1150 2097265 -674151 21448211 23537134 81868892 86081426 27483430 54010994 1107428 66935 131907961 163696489 30839268 33253550 0 0 56764428 58750185 0 0 3669230 43947996 48230760 131551692 140234495 356269 23461994 898453738 1017250165 139087640 166690264 759366098 850559901 The mission of Bryn Mawr College is to provide a rigorous education and to encourage the pursuit of knowledge as preparation for life and work. Bryn Mawr teaches and values critical, creative and independent habits of thought and expression in an undergraduate liberal arts curriculum for women and in coeducational graduate programs in arts and sciences and social work and social research. Since its founding in 1885, the College has maintained its character as a small residential community which fosters close working relationships between faculty and students. Our cooperative relationship with Haverford College enlarges the academic opportunities for students and their social community. Our active ties to Swarthmore College and the University of Pennsylvania, and the proximity of the city of Philadelphia further extend the opportunities available at Bryn Mawr. 0 0 106518648 28830275 80035970 Instruction: Bryn Mawr College's enrollment consists of approximately 1,300 full and part-time undergraduate students and 450 graduate and professional students. In FY2011, Bryn Mawr conferred 322 bachelor's degrees; 79 post-baccalaureate certificates; 102 master's degrees and 8 doctoral degrees. The student body represented 47 states and 62 countries. In the undergraduate college, over 31% of the undergraduate school identified themselves as students of color and 19% were international students. Sixty-nine percent of the undergraduate students received some form of financial aid, with 61% receiving grant aid from the College. The student-to-faculty ratio was 8:1, with a total of 156 full time faculty, 52% of whom are women. 2134936 0 2134936 Research: Since its founding in 1885, the College has maintained its character as a small residential community which fosters close working relationships between faculty and students. The faculty of teacher/scholars emphasizes learning through conversation and collaboration, primary reading, original research and experimentation. The College's faculty research support programs reflect a strong institutional commitment to faculty scholarship and to the relationship between teaching and research. 2448973 0 1911507 Public Service and Civic Engagement: Bryn Mawr College's Child Study Institute (CSI) and Phebe Anna Thorne School have been serving children, adolescents, and adults in the greater Philadelphia area for more than sixty years. CSI provides psychological testing, therapy/counseling, educational support, and school consultation to children and families in a comfortable and welcoming setting. The Thorne School offers developmentally oriented, child-centered pre-school and kindergarten programs. The Civic Engagement Office bridges the academic and civic missions of the College by sponsoring and supporting a wide variety of civic engagement opportunities for students, including volunteering, internships, community-based learning, activism, and organizing for social change. 0 0 0 111102557 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 306 0 1 2413 1 1 1 1 CA FR GR 0 0 0 1 1 1 1 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Bryn Mawr College Controller's Office 6105265632 101 N Merion Avenue Bryn Mawr PA 190102899 Sally Hoover Zeckhauser 2 X X 0 0 0 Cynthia A Archer 2 X 0 0 0 Edith Aviles de Kostes 2 X 0 0 0 Bridget B Baird 2 X 0 0 0 Susan K Barnes 2 X X 0 0 0 Frederick C Baumert 2 X 0 0 0 Joan Breton Connelly 2 X 0 0 0 Lucy N Friedman 2 X X 0 0 0 Donald N Gellert 2 X X 0 0 0 Arlene Joy Gibson 2 X X 0 0 0 Linda A Hill 2 X X 0 0 0 Denise Lee Hurley 2 X 0 0 0 Justine Jentes 2 X 0 0 0 Karen E Kerr 2 X 0 0 0 Ann Logan 2 X 0 0 0 Malcolm S Macdonald 2 X 0 0 0 Susan Leigh MacLaurin 2 X 0 0 0 Margaret M Morrow 2 X X 0 0 0 Randolph M Nelson 2 X 0 0 0 Georgette Chapman Phillips 2 X 0 0 0 William E Rankin 2 X 0 0 0 Barbara Paul Robinson 2 X 0 0 0 Willa E Seldon 2 X X 0 0 0 Beth Springer 2 X 0 0 0 Janet L Steinmayer 2 X 0 0 0 Jerry A Berenson 40 X 208260 0 41075 Kimberly Cassidy 40 X 201477 0 43489 John Griffith 40 X 214427 0 46803 Ruth Lindeborg 40 X 79287 0 32514 Samuel B Magdovitz 40 X 148178 0 34243 Jane Dammen McAuliffe 40 X 430582 0 96261 Donna Frithsen 40 X 240696 0 44072 Jennifer Rickard 40 X 209211 0 28572 Elliott Shore 40 X 151508 0 36716 Frank Mallory 40 X 165558 0 26393 Rhonda Hughes 40 X 195786 0 29544 Darlyne Bailey 40 X 194025 0 24292 Dale Kinney 40 X 182695 0 25906 Clark McCauley 40 X 160879 0 32486 Joseph A Bucci 40 X 134234 0 19645 Elizabeth Stewart 40 X 108759 0 29953 Maria T Wiemken 40 X 126974 0 19739 Nancy J Vickers 0 X 89908 0 16021 3242444 0 627724 80 1 1 0 The Sullivan Company Two LaGrange Avenue Essington PA 190290069 building contractor 12487020 Delran Builders Company Inc 7909 Flourtown Avenue Wyndmoor PA 19038 building contractor 1258466 Wolfe Scott Associates Inc 2522 South Street Philadelphia PA 19146 building contractor 897137 Cambridge Associates LLC 100 Summer Street Boston MA 021102112 investment consultants 785299 E Allen Reeves Inc 1145 York Road PO Box 0289 Abington PA 190013816 building contractor 774529 29 0 0 368648 0 6906736 16261750 3763627 23537134 Gross tuition 900099 62673001 62673001 0 0 Room and Board 900099 15114487 15114487 0 0 Other Auxiliary Services 921110 4724927 2725914 1999013 0 Public Service Fees 900099 1911507 1911507 0 0 Tri-College Programs 900099 1148397 1148397 0 0 509107 509107 0 0 86081426 31743037 0 98252 31644785 577440 0 0 577440 114754 0 0 114754 290600 0 251835 0 38765 0 38765 0 0 38765 68504921 0 46814404 0 21690517 0 21690517 0 0 21690517 63000 368648 360222 -297222 0 -297222 Vending, misc.sales, reimbursed costs 900099 210638 0 0 210638 0 0 0 0 210638 163696489 84082413 2097265 53979677 4423275 4423275 28830275 28830275 0 0 0 0 2273206 386432 1364511 522263 97530 97530 0 0 42875883 34820497 6408453 1646933 3789812 2849078 785466 155268 6672055 5580273 628102 463680 3041699 2255893 647547 138259 0 0 0 0 66617 60837 5780 0 201894 0 201894 0 0 0 0 0 0 0 5674862 0 5674862 0 3776494 1846701 1747644 182149 289751 208462 80911 378 7716996 4679697 3028456 8843 1666104 670516 988024 7564 0 0 0 0 2966816 2665980 276211 24625 1673691 1266658 307697 99336 0 0 0 0 1386059 627922 431712 326425 4503097 4046483 456614 0 0 0 0 0 10175294 9143519 947320 84455 658528 591753 61309 5466 Pooled Income Fund payments 1079916 0 1079916 0 Bi-College and Tri-College Shared costs 628418 480125 148293 0 Library acquisitions 2111286 2111286 0 0 Study Abroad program payments 2830480 2830480 0 0 Membership dues 316977 121405 191986 3586 507480 507480 0 0 140234495 111102557 25462708 3669230 0 0 51793450 76062150 10144152 8719949 2092297 2694999 561541 550852 0 0 2318056 2374906 0 0 860251 2115805 327575964 126119831 201013423 201456133 129226520 130051795 490972332 584311917 0 0 0 0 9471716 8911659 898453738 1017250165 9236759 8107984 1813681 1824533 4592878 4174065 108797110 138432855 0 0 0 0 0 0 0 0 14647212 14150827 139087640 166690264 X 389480214 430512317 183268466 228211508 186617418 191836076 759366098 850559901 898453738 1017250165 X 23461994 67731809 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 15000 15000 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Bryn Mawr College maintains professional memberships with the National Association of College and University Business Officers (NACUBO) and with the Association of Independent Colleges and Universities of Pennsylvania (AICUP). Part of the mission of each of these exempt organizations is to represent the interests and viewpoints of higher education to the national and state legislatures. 0 24585407 0 24387657 X X X X X classroom instruction 0 620198851 10867781 120277860 5265669 26052435 5662206 714364182 556789315 10172717 88213752 5094718 23792034 6090181 620198851 728706942 21248124 -157807336 5278703 25422904 4656808 556789315 0.7254 0.2723 0.0023 0 0 0 9451320 9451320 0 262686831 105119828 157567003 0 0 0 0 0 50000184 21000003 29000181 0 5437629 0 5437629 201456133 0 0 Domestic equities 5761401 F International equities 101867937 F Domestic fixed income 26307517 F Real assets 128686852 F Private equity 124304961 F Hedge funds 172961449 F Trusts 24421800 F 584311917 Faculty mortgages 8911659 8911659 0 Annuity Obligations 7746710 Alumnae Association 4064960 Agency Funds Liability 107881 Asset Retirement Obligation 2231276 14150827 163696489 140234495 23461994 67731807 0 0 0 0 67731807 91193801 198884102 84256189 0 0 -27020616 57235573 141648529 0 22047960 22047960 163696489 107690299 0 0 0 612056 612056 107078243 5662206 27494046 33156252 140234495 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Bryn Mawr's Art and Artifact collections number more than 50,000 objects. These collections encompass five areas: fine art, which includes paintings, sculptures, prints, drawings, and photographs; archaeology; anthropology; decorative arts; and geology. The collections enhance the educational mission of Bryn Mawr College and serve as a resource for diverse academic departments, including History of Art, Archaeology, Classics, Anthropology, Fine Arts, Growth and Structure of Cities, Geology, History, and Languages. Each year hundreds of objects from the collections are utilized for research by faculty, students, and outside scholars. Although Bryn Mawr has never established a museum, public exhibitions of works from the collections have been presented since the 1980s in the College libraries and the archaeology and anthropology departments. In addition, objects are regularly loaned to regional, national, and international museum exhibitions. In recent years, the Internet has made possible student-originated on-line exhibitions of the collections, which can be viewed at www.brynmawr.edu/collections/Exhibitions. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment funds consist of both donor restricted and board designated funds. The endowment supports student grants, instructional and research programs, lectures, library purchases, and general operations. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d discounts on tuition and room & board SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expense Part VIII line 6b $251,835; Fundraising expense Part VIII line 8b $360,222; Income netted with non-operating expense $496,071; annuity income netted with non-operating expense $473,428; Realized gains Part VIII line 7c $21,690,517 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental property expenses included in Pt.VIII, line 6b $251,835 and 125th Gala expenses included in Pt.VIII, line 8b $360,222 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b discounts for tuition and room & board $27,020,616 and annuity expenses $473,430 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Bryn Mawr College's policy is posted on its website and contained in printed enrollment materials provided to prospective students. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Bryn Mawr College receives federal, state, and local government funding to support students, programs, and research. 1 Central America and the Caribbean 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 13526 Central America and the Caribbean 0 0 Program Services Outreach, education, training 5000 Central America and the Caribbean 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 18493 Central America and the Caribbean 0 0 Program Services Research 5660 Central America and the Caribbean 0 0 Program Services Student recruiting 4121 East Asia and the Pacific 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 119914 East Asia and the Pacific 0 0 Program Services Outreach, education, training 3428 East Asia and the Pacific 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 182555 East Asia and the Pacific 0 0 Program Services Research 30562 East Asia and the Pacific 0 0 Program Services Student recruiting 9532 Europe (including Iceland and Greenland) 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 631489 Europe (including Iceland and Greenland) 0 0 Program Services Bryn Mawr College Avignon Summer Language Program 458643 Europe (including Iceland and Greenland) 0 0 Fundraising 39635 Europe (including Iceland and Greenland) 0 0 Program Services Outreach, education, training 8910 Europe (including Iceland and Greenland) 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 1075790 Europe (including Iceland and Greenland) 0 0 Program Services Research 51311 Europe (including Iceland and Greenland) 0 0 Program Services Student recruiting 2888 Middle East and North Africa 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 41195 Middle East and North Africa 0 0 Program Services Bryn Mawr College Archaeologial Field School in United Arab Emirates 63374 Middle East and North Africa 0 0 Program Services Outreach, education, training 21528 Middle East and North Africa 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 102483 Middle East and North Africa 0 0 Program Services Research 3143 Middle East and North Africa 0 0 Program Services Student recruiting 3340 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Research 10024 Russia and the newly independent States 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 55221 Russia and the newly independent States 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 94800 South America 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 89856 South America 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 139477 South America 0 0 Program Services Research 10448 South America 0 0 Program Services Student recruiting 2380 South Asia 0 0 Program Services Outreach, education, training 33110 South Asia 0 0 Program Services Research 2569 Sub-Saharan Africa 0 0 Program Services Financial aid to Bryn Mawr students participating in Study Abroad Program 61334 Sub-Saharan Africa 0 0 Program Services Bryn Mawr College Nairobi Exchange Program 8746 Sub-Saharan Africa 0 0 Program Services Outreach, education, training 5267 Sub-Saharan Africa 0 0 Program Services Payments made directly to educational institutions for Bryn Mawr students participating in Study Abroad Program 65460 Central America and the Caribbean 0 0 Investments 173236056 Europe (including Iceland and Greenland) 0 0 Investments 5182143 0 0 181893411 1 0 1 1 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 Bryn Mawr College's Study Abroad Program maintains a list of approved programs overseas which meet the academic requirements of the College. Students must submit their application to participate in one of those programs to a foreign studies committee for approval. Tuition payments for students approved for overseas study are remitted directly to the overseas program by Bryn Mawr College. The students' accounts are billed for Bryn Mawr College tuition and fees and all payments and any financial aid is posted to the student tuition account at the College. 125th Gala 431648 368648 63000 0 0 64126 96725 106236 93135 0 0 431648 368648 63000 0 0 64126 96725 106236 93135 360222 -297222 1 American Councils for International Education ACTR-ACCELS 1828 L Street NW Washington DC 20036 521067356 501(c)(3) 4212970 0 sub-contract for foreign language instruction North Carolina State University Campus Box 7214 Raleigh NC 276957214 566000756 501(c)(3) 112805 0 sub-contract for research Asian University for Women Support Foundation 1100 Massachusetts Avenue Suite 300 Cambridge MA 02138 364483980 501(c)(3) 60000 0 Support operations Foundation for Community Service Shipley School 814 Yarrow Street Bryn Mawr PA 190103598 232844309 501(c)(3) 37500 0 Support operations 4 0 Student financial aid 887 28830275 0 cash SchI_P01_S00_L02 Schedule I, Part I, Line 2 SUBCONTRACTS: Bryn Mawr College had sub-contract agreements for certain projects funded by federal awards made direct to the College. The College complies with the provisions of Circular A-133 and any statutes governing sub-awards made by not-for-profit entities. GRANTS TO ORGANIZATIONS: Disbursements to other organizations are made to support Bryn Mawr's exempt programs and are done after first-hand investigation of the organization to assure it qualifies for support. GRANTS TO INDIVIDUALS: Students are awarded scholarships and fellowships on the basis of academic merit and/or financial need in accordance with established guidelines for higher education. Scholarships are credited directly to student accounts and are offset by fees. Fellowships are generally disbursed directly and incrementally to award recipients. X X X X X X 1 1 X X X 1 1 0 0 0 0 0 0 0 Jerry A Berenson 208260 0 0 0 0 0 21052 0 20023 0 249335 0 0 0 Kimberly Cassidy 201477 0 0 0 0 0 21250 0 22239 0 244966 0 0 0 John Griffith 214427 0 0 0 0 0 22565 0 24238 0 261230 0 0 0 Ruth Lindeborg 79287 0 0 0 0 0 8980 0 23533 0 111800 0 0 0 Samuel B Magdovitz 148178 0 0 0 0 0 14694 0 19549 0 182421 0 0 0 Jane Dammen McAuliffe 407500 0 0 0 23082 0 24500 0 71761 0 526843 0 0 0 Donna Frithsen 240696 0 0 0 0 0 24500 0 19572 0 284768 0 0 0 Jennifer Rickard 209211 0 0 0 0 0 21064 0 7508 0 237783 0 0 0 Elliott Shore 151508 0 0 0 0 0 15978 0 20738 0 188224 0 0 0 Darlyne Bailey 175688 0 0 0 18337 0 13332 0 10961 0 218318 0 0 0 Rhonda Hughes 165388 0 0 0 30399 0 19847 0 9697 0 225331 0 0 0 Dale Kinney 167695 0 0 0 15000 0 18398 0 7508 0 208601 0 0 0 Frank Mallory 165558 0 0 0 0 0 16884 0 9508 0 191950 0 0 0 Clark McCauley 134235 0 0 0 26644 0 13973 0 18513 0 193365 0 0 0 Joseph A Bucci 134234 0 0 0 0 0 13423 0 6222 0 153879 0 0 0 Elizabeth Stewart 108759 0 0 0 0 0 11440 0 18513 0 138712 0 0 0 Nancy J Vickers 89908 0 0 0 0 0 9350 0 6671 0 105929 0 0 0 Maria T Wiemken 126974 0 0 0 0 0 12772 0 6967 0 146713 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Travel: In certain circumstances, the College will pay for travel expenses for the spouse or partner of an employee under the College's accountable plan, if the companion travel is authorized and for a business purpose directly benefitting the College. Housing: As a condition of employment, President McAuliffe is required to live in College-owned housing in order to be available for College activities and to respond to emergent situations The President's house is used for business purposes and College-sponsored functions. A housing expense allowance is provided. The estimated value of housing costs is excluded from taxable income but disclosed in Schedule J, Part II, Column D. The College made a payment with tax gross-up to the President which appears as other reportable income on Schedule J, Part II, Col.Biii. Membership dues were paid for an athletic club and for a club in New York City used for business travel and meetings. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The compensation of officers and key employees is determined by an annual review of current independent salary surveys. The Executive Committee of the Board of Trustees approves the compensation of the President and gives final approval to compensation for all other officers and key employees based on the President's recommendations. The President of the College has an employment contract. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Nancy J. Vickers became President Emeritus in June 2008 and received retirement payments through June 2010. Professor Dale Kinney retired at the end of calendar 2010 and received a severance payment in the amount of $15,000. Payment of $20,750 to nonqualified retirement plan for President Jane McAuliffe. PA Higher Education Facilities Authority Bryn Mawr College Series 2002 232243852 70917PBW8 2002-07-30 43444656 (1)Extensive renovation of several campus buildings; (2) advance refunding of various maturities of 0 0 0 PA Higher Education Facilities Authority Bryn Mawr College Series 2007 232243852 70917RKE4 2007-05-22 21738366 (1)Current refunding of $20,275,000 principal of Series 1997 Bonds; (2) funding termination cost of 0 0 0 PA Higher Education Facilities Authority Bryn Mawr College Series 2009 232243852 70917RTR6 2009-03-04 30000000 Revenue bond for College facilities construction 0 0 0 PA Higher Education Facilities Authority Bryn Mawr College Series 2010 232243852 70917RF75 2010-05-26 15962636 Refunding Series of 1999 0 0 0 665000 0 43458537 0 2540118 0 406214 249325 0 30013881 10248999 0 2006 0 1 1 1 0 0 23602243 0 0 0 324264 197806 0 0 23080174 0 2007 1 0 1 1 555000 0 30081466 0 0 0 331860 0 0 29749606 0 0 2010 0 0 1 1 0 0 15962636 0 0 0 302627 0 0 0 15660009 0 2010 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0.0317 0.0317 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 UBS Investment Bank 5.5 0 0 0 0 0 0 1 0 0 0 0 0 0 1 UBS Investment Bank 5.5 0 0 0 0 0 PA Higher Education Facilities Authority Bryn Mawr Series 2010A 232243852 70917RQ40 2010-11-23 32264417 Advance refunding of Series 2002 issued 7/30/2002 1 0 0 0 0 32264417 0 0 31014767 348739 0 0 0 900011 0 2012 0 1 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 John Griffith Residential mortgage X 600000 550852 0 1 1 550852 Dennis McAuliffe spouse of Pres.J.McAuliffe 102499 employment-total compensation 0 X 2 29996 Appraisal X 53 3396331 Fair market value X 1 230000 appraisal X desktop computers 1 12300 fair market value X Carl Bechstein grand piano 1 95000 appraisal 1 0 1 0 F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a A copy of Forms 990 and 990T are provided to the Audit Committee of the Board of Trustees before the forms are filed. The Audit Committee reviews the forms and related schedules, and each committee member affirms either that the forms are acceptable or that changes are needed. All committee members are informed of substantive changes made during this process and before the date of filing. After Audit Committee review, the entire board receives a copy of Forms 990 and 990T prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Bryn Mawr College has the following conflict of interest policies: 1-Duality of interest applicable to trustees, officers, and key employees; 2-Financial conflict applicable to members of the trustee investment committee; 3-Outside employment applicable to faculty and staff; 4-Acceptance of gifts applicable to faculty and staff; 5-Significant financial interest applicable to researchers and principal investigators. On an annual basis, trustees, officers, and directors complete a questionnaire to discover and report circumstances which may present a conflict of interest. The College monitors compliance with the trustee/officer conflict of interest policy by checking that the annual questionnnaire is submitted by each person on a timely basis to College Counsel and by periodic reminders of the policy at full meetings of the board of trustees. The College's by-laws regarding Conflict of Interest state that any duality on the part of any Trustee shall be disclosed to the Board of Trustees, and made a matter of record through an annual procedure and also when the interest becomes a matter of Trustee action. Any Trustee having a duality of interest shall not vote or use her or his personal influence on the matter, and s/he shall not be counted in determining the quorum for the meeting. The minutes of the meeting shall reflect that a disclosure was made, the abstention from voting and the quorum situation. Any new Trustee will be advised of this policy upon entering the duties of her or his office. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The College has a formal process for determining compensation for the chief executive (President), officers, and key employees. Independent surveys are commissioned annually to update appropriate market data for each position. The President, with the approval of the Executive Committee of the Board of Trustees, determines the annual compensation for officers and key employees. The President's compensation is determined by the Executive Committee. Compensation decisions are documented and communicated to the Human Resources Office for action. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College makes its governing documents and conflict of interest policy available upon request. The College posts its audited financial statements on the College's website. Form 990 is availabe through Guidestar.org or upon request. Form 990T is available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized Gains on long-term investments