RANDOLPH-MACON COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- RANDOLPH-MACON COLLEGE (EIN 54-0505940)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201211379349300131
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T13:42:16-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN EDWARDS & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 319 MCCLANAHAN ST | AddressLine1 |
| City | ROANOKE | City |
| State | VA | State |
| ZIP Code | 24014 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540505940 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDOLPH-MACON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RAND | NameControl |
| Phone | 8047988372 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 5005 | AddressLine1 |
| City | ASHLAND | City |
| State | VA | State |
| ZIP Code | 230055505 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT R LINDGREN | Name |
| Title | PRESIDENT | Title |
| Phone | 8047988372 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK WOOLWINE | Name |
| Phone | 5403450936 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT R LINDGREN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 5005 | AddressLine1 |
| City | ASHLAND | City |
| State | VA | State |
| ZIP Code | 230055505 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 83711013 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RMC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1830 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | SEE STATEMENT ON SCHEDULE O.RANDOLPH-MACON COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION, OFFERING BACCALAUREATE DEGREES IN A LIBERAL ARTS CURRICULUM. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 45 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 44 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1132 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 342623 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -19366 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7767462 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 20256183 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 43883143 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 45484986 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4465572 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11799591 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 670834 | OtherRevenuePriorYear |
| Other Revenue Current Year | 590394 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 56787011 | TotalRevenuePriorYear |
| Total Revenue Current Year | 78131154 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 16246446 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 17736379 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23133391 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 23798053 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 24463 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 70901 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2161554 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17842136 | OtherExpensePriorYear |
| Other Expenses Current Year | 17071336 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 57246436 | TotalExpensesPriorYear |
| Total Expenses Current Year | 58676669 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -459425 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 19454485 | RevenuesLessExpensesCY |
| Total Assets BOY | 176443825 | TotalAssetsBOY |
| Total Assets EOY | 219041817 | TotalAssetsEOY |
| Total Liabilities BOY | 38972200 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 51385328 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 137471625 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 167656489 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | RANDOLPH-MACON IS AN UNDERGRADUATE, COEDUCATIONAL COLLEGE OF THE LIBERAL ARTS. THE PURPOSE OF A RANDOLPH-MACON EDUCATION IS TO DEVELOP THE MIND AND THE CHARACTER OF ITS STUDENTS. THEY ARE CHALLENGED TO COMMUNICATE EFFECTIVELY, TO THINK ANALYTICALLY AND CRITICALLY, TO EXPERIENCE AND APPRECIATE THE CREATIVE PROCESS, TO DEVELOP QUALITIES OF LEADERSHIP, AND TO SYNTHESIZE WHAT THEY KNOW WITH WHO THEY ARE. AT RANDOLPH-MACON COLLEGE THE LIBERAL ARTS CONSTITUTE A COMPREHENSIVE EDUCATIONAL OPPORTUNITY. THE CURRICULUM INCLUDES EXPOSURE BOTH TO BROAD PERSPECTIVES AND SPECIFIC CONCEPTS. STUDENTS EXPLORE THE NATURAL AND SOCIAL SCIENCES, THE ARTS, AND THE HUMANITIES, WHILE THEY ALSO ACHIEVE A DEEPER UNDERSTANDING OF THE SINGLE DISCIPLINE IN WHICH THEY MAJOR. THEY ARE GUIDED IN THIS ENDEAVOR BY A FACULTY OF TEACHER-SCHOLARS WHO ARE DEDICATED TO THE LIBERAL ARTS AND ACTIVE IN THEIR PROFESSIONAL DISCIPLINES AND IN THE EXTRA-CURRICULAR LIFE OF THE CAMPUS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 44500558 | Expense |
| Grants | 17736379 | Grants |
| Revenue | 50540537 | Revenue |
| Description | RANDOLPH-MACON COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION PROVIDING A FOUR YEAR LIBERAL ARTS CURRICULUM TO APPROXIMATELY 1,246 STUDENTS. | Description |
| Total Program Service Expense | 44500558 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 63 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1132 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 45 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 44 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN CONKRIGHT ASST SECRETARY TO | NamePerson |
| Telephone Number | 8047527211 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 HENRY STREET | AddressLine1 |
| City | ASHLAND | City |
| State | VA | State |
| ZIP Code | 23005 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (52 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| S ANDREW BANKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| YVONNE W BRANDON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| L PRESTON BRYANT JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| J W WHITING CHISMAN JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN P CLARKE MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN P COUGILL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RALPH R CROSBY JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES A DAVIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PARKER O DILLARD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JACK M ENOCH JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBIN ANNE FLOYD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOUGLAS W FOARD PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WHITNEY K FORSTNER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FRANK A GUNTERIII | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATRICIA BOSSE GUNTHER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL A JESSE PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLENE P KAMMERER UMC | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM B KILDUFF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES B KING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FRANK E LAUGHON JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT R LINDGREN | |||||||
| PRESIDENT | 40.00 | X | 258456 | 0 | 119784 | X | |
| STEPHEN P LONG MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| E JACKSON LUCK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANDREW K MALONEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANNE D MCDOUGALL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES P MONCURE JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FRANK J MURPHY III | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ALLISON M O'BRIEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARK V OGREN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN M PARKER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HAYWOOD A PAYNE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DONALD E PERRY | |||||||
| VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | X | |
| ALAN B RASHKIND | |||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | X | |
| DIANNE L REYNOLDS-CANE MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT E RILEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES L SANDERLIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BENJAMIN S SCHAPIRO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS G SHAFRAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HAROLD E STARKE JR | |||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X | |
| GEORGE A TRIVETTE MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SAMUEL E VICHNESS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| R DOUGLAS WHITE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES S WILSON JR MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES W WORNOM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID E YAWARS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DIANE M LOWDER | |||||||
| VP ADVANCEMENT | 40.00 | 145837 | 0 | 23387 | X | ||
| DAVID L LESESNE | |||||||
| VP FINANCIAL AID & ADMISSIONS | 40.00 | 139199 | 0 | 22931 | X | ||
| JOHN A AHLADAS | |||||||
| TREASURER | 40.00 | 150786 | 0 | 14436 | X | ||
| JOHN C CONKRIGHT | |||||||
| EXEC ASST TO PRESIDENT & ASST SEC BOT | 40.00 | 108427 | 0 | 20461 | X | ||
| M THOMAS INGE | |||||||
| FACULTY | 40.00 | 135670 | 0 | 19335 | X | ||
| WILLIAM T FRANZ | |||||||
| PROVOST | 40.00 | 123918 | 0 | 18787 | X | ||
| JOHN RUSSELL RABUNG | |||||||
| FACULTY | 40.00 | 120137 | 0 | 18520 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1182430 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 257641 | TotalOtherCompensation |
| Number Individuals GT100 K | 15 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ENGLISH CONSTRUCTION COMPANY INC | |||||
| PO BOX P-7000 | LYNCHBURG | VA | 24505 | CONSTRUCTION SERVICES | 5447076 |
| CHARTWELLS | |||||
| PO BOX 91337 | CHICAGO | IL | 606931337 | FOOD SERVICES | 3010907 |
| KJELLSTROM AND LEE INC | |||||
| 1607 OWNBY LANE | RICHMOND | VA | 23220 | CONSTRUCTION SERVICES | 2000634 |
| TENNIS COURTS INC | |||||
| PO BOX 297 | AYLETT | VA | 23009 | CONSTRUCTION SERVICES | 1177369 |
| CAPSTONE CONTRACTING | |||||
| 4235 INNSLAKE DRIVE STE 110 | GLEN ALLEN | VA | 23060 | CONSTRUCTION SERVICES | 507777 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 22 | NumberOfContractorsGT100K |
| Government Grants | 723737 | GovernmentGrants |
| All Other Contributions | 19532446 | AllOtherContributions |
| Noncash Contributions | 2501135 | NoncashContributions |
| Total Contributions | 20256183 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | 36688634 | 36688634 | |
| AUXILIARY SERVICES | 611600 | 8796352 | 8573646 | 222706 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 45484986 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6969270 | TotalRevenueColumn |
| Unrelated Business Revenue | 3649 | UnrelatedBusinessRevenue |
| Exclusion | $6,965,621 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 56900 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 30710 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 26190 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26190 | TotalRevenueColumn |
| Exclusion | $26,190 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9660642 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4830321 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4830321 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4830321 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4830321 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 925243 | GrossSalesOfInventory |
| Cost Of Goods Sold | 718828 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 206415 | TotalRevenueColumn |
| Related Or Exempt Function Income | 90147 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 116268 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS PROGRAMS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 357789 | TotalRevenueColumn |
| Related Or Exempt Function Income | 357789 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 357789 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 78131154 | TotalRevenueColumn |
| Related Or Exempt Function Income | 50540537 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 342623 | UnrelatedBusinessRevenue |
| Exclusion | $6,991,811 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17736379 | Total |
| Program Services | 17736379 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1182429 | Total |
| Program Services | 622307 | ProgramServices |
| Management And General | 409667 | ManagementAndGeneral |
| Fundraising | 150455 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17672773 | Total |
| Program Services | 11599525 | ProgramServices |
| Management And General | 5302358 | ManagementAndGeneral |
| Fundraising | 770890 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1377978 | Total |
| Program Services | 893197 | ProgramServices |
| Management And General | 417447 | ManagementAndGeneral |
| Fundraising | 67334 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2271082 | Total |
| Program Services | 1472102 | ProgramServices |
| Management And General | 688005 | ManagementAndGeneral |
| Fundraising | 110975 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1293791 | Total |
| Program Services | 838628 | ProgramServices |
| Management And General | 391943 | ManagementAndGeneral |
| Fundraising | 63220 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99413 | Total |
| Management And General | 99413 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81875 | Total |
| Management And General | 81875 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70901 | Total |
| Fundraising | 70901 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 689599 | Total |
| Program Services | 44696 | ProgramServices |
| Management And General | 587192 | ManagementAndGeneral |
| Fundraising | 57711 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1084797 | Total |
| Program Services | 886792 | ProgramServices |
| Management And General | 180505 | ManagementAndGeneral |
| Fundraising | 17500 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4213377 | Total |
| Program Services | 1549740 | ProgramServices |
| Management And General | 2419815 | ManagementAndGeneral |
| Fundraising | 243822 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 368717 | Total |
| Program Services | 221230 | ProgramServices |
| Management And General | 143800 | ManagementAndGeneral |
| Fundraising | 3687 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 567241 | Total |
| Program Services | 529117 | ProgramServices |
| Management And General | 28349 | ManagementAndGeneral |
| Fundraising | 9775 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 691827 | Total |
| Program Services | 552953 | ProgramServices |
| Management And General | 70837 | ManagementAndGeneral |
| Fundraising | 68037 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 585019 | Total |
| Program Services | 188537 | ProgramServices |
| Management And General | 220640 | ManagementAndGeneral |
| Fundraising | 175842 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 826428 | Total |
| Program Services | 822602 | ProgramServices |
| Management And General | 2890 | ManagementAndGeneral |
| Fundraising | 936 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1967228 | Total |
| Program Services | 1841364 | ProgramServices |
| Management And General | 93592 | ManagementAndGeneral |
| Fundraising | 32272 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 246819 | Total |
| Management And General | 246819 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT FOOD SERVICE | 2729334 | 2729334 | ||
| OTHER SUPPLIES, SERVICE | 1302106 | 532188 | 475992 | 293926 |
| INTERCOLLEGIATE ATHLETI | 800128 | 800128 | ||
| POST RETIREMENT BENEFIT | 499645 | 321956 | 153418 | 24271 |
| LIBRARY & LIBRARY SERVI | 317783 | 317783 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58676669 | Total |
| Program Services | 44500558 | ProgramServices |
| Management And General | 12014557 | ManagementAndGeneral |
| Fundraising | 2161554 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5828310 | BOY |
| EOY | 8512337 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5900151 | BOY |
| EOY | 5904330 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5841164 | BOY |
| EOY | 16408145 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1282625 | BOY |
| EOY | 1517150 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4306140 | BOY |
| EOY | 4302075 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209371 | BOY |
| EOY | 155283 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 98467712 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 40685057 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45165677 | BOY |
| EOY | 57782655 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77269506 | BOY |
| EOY | 90901446 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28630446 | BOY |
| EOY | 31285057 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2010435 | BOY |
| EOY | 2273339 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176443825 | BOY |
| EOY | 219041817 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2461506 | BOY |
| EOY | 4812599 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1509740 | BOY |
| EOY | 1541133 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20825000 | BOY |
| EOY | 30345000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 834192 | BOY |
| EOY | 816343 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13341762 | BOY |
| EOY | 13870253 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38972200 | BOY |
| EOY | 51385328 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73978584 | BOY |
| EOY | 88767801 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24211164 | BOY |
| EOY | 37754478 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39281877 | BOY |
| EOY | 41134210 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137471625 | BOY |
| EOY | 167656489 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176443825 | BOY |
| EOY | 219041817 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 19454485 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 10730379 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $1,979 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 1979 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE COLLEGE IS A MEMBER OF THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA (CICV), AN ASSOCIATION OF 27 INDEPENDENT COLLEGES AND UNIVERSITIES. CICV WORKS TO PROMOTE THE INTERESTS OF NON-PROFIT, INDEPENDENT HIGHER EDUCATION IN VIRGINIA. CICV WORKED TO INITIATE AND CONTINUES TO PROMOTE THE STATE'S NON-NEED BASED TUITION ASSISTANCE PROGRAM FOR VIRGINIA STUDENTS ATTENDING A PRIVATE INSTITUTION. ADDITIONALLY, CICV MONITORS LEGISLATIVE AND REGULATORY ACTIONS WHICH AFFECT THE MEMBERSHIP BY A PRESENCE DURING THE GENERAL ASSEMBLY SESSIONS TO REVIEW PROPOSED LEGISLATION AND INTERACT WITH VARIOUS ADMINISTRATIVE AGENCIES. CICV IS ENGAGED IN PROMOTING THE AWARENESS OF VIRGINIA'S INDEPENDENT COLLEGES TO POTENTIAL STUDENTS THROUGH PUBLICATIONS AND BY SPONSORING VA PRIVATE COLLEGE WEEK. CICV ALSO PROVIDES ANALYZED DATA TO MEMBER INSTITUTIONS AND APPROPRIATE STATE AGENCIES TO PROMOTE VENTURES WHERE EFFICIENCIES CAN BE ACHIEVED BY THE PARTICIPATION OF A GROUP OF INSTITUTIONS. THE COLLEGE PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2011, CICV EXPENDED APPROXIMATELY 11.47% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. THE COLLEGE IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). NAICU SERVES AS THE UNIFIED NATIONAL VOICE OF INDEPENDENT HIGHER EDUCATION. SINCE 1976, THE ASSOCIATION HAS REPRESENTED PRIVATE COLLEGES AND UNIVERSITIES ON POLICY ISSUES WITH THE FEDERAL GOVERNMENT, SUCH AS THOSE AFFECTING STUDENT AID, TAXATION, AND GOVERNMENT REGULATION. THE NAICU STAFF MEETS WITH POLICYMAKERS, TRACKS CAMPUS TRENDS, CONDUCTS RESEARCH, ANALYZES HIGHER EDUCATION ISSUES, PUBLISHES INFORMATION, HELPS COORDINATE STATE-LEVEL ACTIVITIES, AND ADVISES MEMBERS OF LEGISLATIVE AND REGULATORY DEVELOPMENTS WITH POTENTIAL IMPACT ON THEIR INSTITUTIONS. NAICU SPEARHEADED INITIATIVES INCLUDE THE STUDENT AID ALLIANCE, AN EFFORT TO ENHANCE FUNDING FOR EXISTING STUDENT AID PROGRAMS, AND THE NONPARTISAN NATIONAL CAMPUS VOTER REGISTRATION PROJECT. NAICU'S 1,000 MEMBERS NATIONWIDE REFLECT THE DIVERSITY OF PRIVATE, NONPROFIT HIGHER EDUCATION IN THE UNITED STATES. MEMBERS INCLUDE TRADITIONAL LIBERAL ARTS COLLEGES, MAJOR RESEARCH UNIVERSITIES, CHURCH- AND FAITH-RELATED INSTITUTIONS, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, WOMEN'S COLLEGES, PERFORMING AND VISUAL ARTS INSTITUTIONS, TWO-YEAR COLLEGES, AND SCHOOLS OF LAW, MEDICINE, ENGINEERING, BUSINESS, AND OTHER PROFESSIONS. NAICU IS COMMITTED TO CELEBRATING AND PROTECTING THIS DIVERSITY OF THE NATION'S PRIVATE COLLEGES AND UNIVERSITIES. FOR THE YEAR ENDED JUNE 30, 2011, NAICU EXPENDED APPROXIMATELY 7% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 112225 | RevenuesIncluded |
| Assets In Part X | 1342780 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 103125070 | BeginningOfYearBalance |
| Contributions | 1986950 | Contributions |
| Investment Earnings Or Losses | 22427480 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1255518 | GrantsOrScholarships |
| Other Expenditures | 3726577 | OtherExpenditures |
| Administrative Expenses | 2238740 | AdministrativeExpenses |
| End Of Year Balance | 120318665 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 96099380 | BeginningOfYearBalance |
| Contributions | 1289142 | Contributions |
| Investment Earnings Or Losses | 13515077 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1288186 | GrantsOrScholarships |
| Other Expenditures | 4035581 | OtherExpenditures |
| Administrative Expenses | 2454762 | AdministrativeExpenses |
| End Of Year Balance | 103125070 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 127907075 | BeginningOfYearBalance |
| Contributions | 2145753 | Contributions |
| Investment Earnings Or Losses | -28490056 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1159485 | GrantsOrScholarships |
| Other Expenditures | 4303907 | OtherExpenditures |
| End Of Year Balance | 96099380 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.53610 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.31610 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14780 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4319610 | OtherCostOrOtherBasis |
| Book Value | 4319610 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 63665211 | OtherCostOrOtherBasis |
| Depreciation | 28330532 | Depreciation |
| Book Value | 35334679 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 308834 | OtherCostOrOtherBasis |
| Depreciation | 37317 | Depreciation |
| Book Value | 271517 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15972924 | OtherCostOrOtherBasis |
| Depreciation | 12317208 | Depreciation |
| Book Value | 3655716 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14201133 | OtherCostOrOtherBasis |
| Book Value | 14201133 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 57782655 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH AND TEMPORARY INVESTMENTS | 4447597 | F |
| MARKETABLE ALTERNATIVE ASSETS | 16196321 | F |
| NONMARKETABLE ALTERNATIVE ASSETS | 6946821 | F |
| REAL ESTATE/MORTGAGES AND OTHER | 3694318 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 31285057 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $1,425,797 |
| POST RETIREMENT BENEFIT LIABILITY | $10,063,903 |
| REFUNDABLE LOAN PROGRAMS | $2,380,553 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 13870253 | TotalOfAmounts |
| Total Revenue | 78131154 | TotalRevenue |
| Total Expenses | 58676669 | TotalExpenses |
| Excess Or Deficit For Year | 19454485 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 10730379 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 10730379 | TotalAdjustments |
| Excess Or Deficit Per FS | 30184864 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 71874692 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 10730379 | NetUnrealizedGainsInvestments |
| Other Revenues | 749538 | OtherRevenues |
| Revenue Not Rptd F990 | 11479917 | RevenueNotRptdF990 |
| Revenue Subtotal | 60394775 | RevenueSubtotal |
| Other Revenues Not Included | 17736379 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 17736379 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 78131154 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41689828 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 749538 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 749538 | ExpensesNotRptdF990 |
| Expenses Subtotal | 40940290 | ExpensesSubtotal |
| Other Expenses Not Included | 17736379 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 17736379 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 58676669 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | RANDOLPH-MACON COLLEGE MAINTAINS A COLLECTION OF ORIGINAL ART WHICH SERVES AS A PRIMARY SOURCE FOR RESEARCH, EDUCATION AND EDIFICATION. BUILT AROUND A DONATION OF ORIENTAL ART FROM THE ESTATE OF SENATOR HUGH SCOTT, AN ALUMNUS OF THE COLLEGE, THE PRESENT COLLECTION HAS BEEN FORMED MOSTLY FROM DONATIONS TO FURTHER THE PERMANENT HOLDINGS IN ART FOR THE BENEFIT OF FACULTY AND STUDENTS. NO ASPECT OR ITEM FROM THE PERMANENT COLLECTION IS OFFERED FOR SALE OR PURCHASE; THE COLLECTION REMAINS INTACT FOR ACADEMIC STUDY. | |
| PART X: | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVEUNE CODE. THE FEDERAL FORM 990 OF THE COLLEGE FOR FISCAL YEARS 2010, 2009, AND 2008 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| BOOK STORE COST OF GOODS SOLD NETTED AGAINST INCOME 718,828. RENTAL EXPENSES NETTED AGAINST INCOME 30,710. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| GRANTS AND FINANCIAL AID PAID 17,736,379. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| BOOK STORE COST OF GOODS SOLD NETTED AGAINST INCOME 718,828. RENTAL EXPENSES NETTED AGAINST INCOME 30,710. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| GRANTS AND FINANCIAL AID PAID 17,736,379. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE COLLEGE'S NON-DISCRIMINATORY POLICY IS STATED IN THE COLLEGE CATALOG, ADMISSIONS BROCHURES AND IN RECRUITING MATERIALS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FEDERAL FINANCIAL AID MOST OF WHICH IS PASSED THROUGH TO STUDENTS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| GRENZEBACH GLIER & ASSOCIATES | ||||||||
| 401 N MICHIGAN AVENUE STE 2800 | CHICAGO | IL | 60611 | CAMPAIGN PLANNING | 0 | 0 | 40825 | -40825 |
| RUFFALO CODY | ||||||||
| PO BOX 3018 | CEDAR RAPIDS | IA | 524063018 | TELEPHONE SOLICITATIONS | 0 | 0 | 30077 | -30077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 70902 | TotalRetainedByContractors |
| Total Net To Organization | -70902 | TotalNetToOrganization |
| Licensed States | VA | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| COLLEGE DESIGNATED (UNFUNDED) GRANTS AND SCHOLARSHIPS | 1202 | 15924966 |
| DONOR RESTRICTED (FUNDED) GRANTS AND SCHOLARSHIPS | 302 | 1713743 |
| FEDERAL SUPPLEMENTAL GRANTS | 99 | 97670 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT R LINDGREN | |||||||||||||
| 252956 | 0 | 0 | 0 | 5500 | 0 | 85477 | 0 | 34307 | 0 | 378240 | 0 | 0 | 0 |
| DIANE M LOWDER | |||||||||||||
| 141803 | 0 | 0 | 0 | 4034 | 0 | 13301 | 0 | 10086 | 0 | 169224 | 0 | 0 | 0 |
| DAVID L LESESNE | |||||||||||||
| 139199 | 0 | 0 | 0 | 0 | 0 | 13050 | 0 | 9881 | 0 | 162130 | 0 | 0 | 0 |
| JOHN A AHLADAS | |||||||||||||
| 150786 | 0 | 0 | 0 | 0 | 0 | 13246 | 0 | 1190 | 0 | 165222 | 0 | 0 | 0 |
| M THOMAS INGE | |||||||||||||
| 135670 | 0 | 0 | 0 | 0 | 0 | 11691 | 0 | 7644 | 0 | 155005 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF ASHLAND VIRGINIA | ||||||
| 521353936 | 2004-12-15 | 4900000 | RENOVATE DORMITORIES, REFURBISH GYM, UPGRADE HVAC IN GYM & ADDITIONAL DORMS | 0 | 0 | 0 |
| ECONOMIC DEVELOPMENT AUTHORITY OF THE TOWN OF ASHLAND VIRGINIA | ||||||
| 521353936 | 2011-04-01 | 10000000 | CONSTRUCT DORMITORY, RENNOVATE HOUSE, OTHER CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|
| 810000 | 4900000 | 59895 | 4840105 | 2007 | 0 | 0 | 1 | 1 | |
| 10000000 | 123450 | 5001458 | 2011 | 0 | 0 | 1 | 1 | 4875092 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| E JACKSON LUCK | |||
| TRUSTEE | 58932 | JACKSON LUCK IS A PRINCIPAL IN LUCK MOTORS, A LOCAL CHEVROLET DEALER. THE COLLEGE PURCHASED THREE USED VEHICLES, PARTS AND LABOR FROM THE DEALERSHIP DURING THE YEAR. | 0 |
| PARKER DILLARD | |||
| TRUSTEE | 2372 | PARKER DILLARD IS A PRINCIPAL IN ARCET EQUIPMENT COMPANY. DURING FY11, THE COLLEGE PURCHASED GASES FOR SCIENCE LABS AND MAINTENANACE SHOP USE. | 0 |
| MARK OGREN | |||
| TRUSTEE | 10000 | MARK OGREN IS MARRIED TO MARGIE TURBYFILL, WHO PROVIDES CAREER COUNSELING TO STUDENTS IN THE PURNELL BAILEY PRE-MINISTERIAL PROGRAM ON A CONTRACTED BASIS. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 112225 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR VALUE | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 440 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 35 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1621500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVE HIGH/LOW AT TRANSFER | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT & FURNITURE | 6 | 10347 | DONOR VALUE |
| X | ATHLETIC SUPPLIES | 7 | 7568 | DONOR VALUE |
| X | HOSPITALITIY | 16 | 12895 | DONOR VALUE |
| X | OTHER | 8 | 2198 | DONOR VALUE |
| X | CONSTRUCTION COSTS | 3 | 733962 | DONOR VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PROCESS FOR REVIEWING 990: THE TREASURER, CONTROLLER AND PRESIDENT CONSULT TO DETERMINE THAT A DRAFT OF THE 990 FORM IS ACCURATE TO THE BEST OF THEIR KNOWLEDGE. THE DRAFT IS THEN MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES (BOT) ELECTRONICALLY. CORRECTIONS, COMMENTS AND SUGGESTIONS FROM ALL MEMBERS ARE COMPILED AND, AS APPROPRIATE, INCORPORATED INTO THE RETURN, AND, BY CHARTER MANADATE, THE AUDIT COMMITTEE OF THE BOT REVIEWS THE DRAFT FOR ACCURACY BEFORE FINAL FILING. | |
| ANNUALLY EACH FALL THE ASSISTANT SECRETARY TO THE BOARD OF TRUSTEES DISTRIBUTES THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS TO THE TRUSTEES AND TO COVERED EMPLOYEES. HE IS RESPONSIBLE FOR ENSURING THAT ALL DISTRIBUTED STATEMENTS ARE COMPLETED AND RETURNED AND REVIEWED FOR POTENTIAL CONFLICTS. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REPORTS THE RESULTS OF THE QUESTIONNAIRES TO THE AUDIT COMMITTEE OF THE BOARD. THE AUDIT COMMITTEE REPORTS CONFLICTS TO THE FULL BOARD FOR APPROPRIATE RESOLUTION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| YES. INITIALLY, A BOARD COMMITTEE APPOINTED TO HIRE A PRESIDENT WORKS WITH PROFESSIONAL SEARCH CONSULTANTS FOR HIRING. THE COMPENSATION COMMITTEE OF THE BOARD USES MULTIPLE BENCHMARKS TO DETERMINE AN EMPLOYMENT PACKAGE, THE RESULTS OF SUCH DELIBERATION ARE BORNE OUT BY THE SALARY LETTER SIGNED BY THE CHAIR OF THE BOARD. THESE STEPS WERE FOLLOWED IN HIRING A NEW PRESIDENT IN EARLY 2006. THE PRESIDENTIAL EVALUATION/COMPENSATION COMMITTEE MEETS ANNUALLY TO EVALUATE THE PERFORMANCE OF THE PRESIDENT AND TO DETERMINE COMPENSATION ADJUSTMENTS BASED ON CURRENT BENCHMARKING INFORMATION. | FORM 990, PART VI, SECTION B, LINE 15 | |
| UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 18 | |
| UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 10,730,379. | FORM 990, PART XI, LINE 5: |
| THE AUDIT COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XI, LINE2C: | |
| LINE 12 ADVERTISING | ADVERTISING AND PROMOTION EXPENSES INCLUDE, BUT ARE NOT LIMITED TO, THE PRINTING AND PUBLICATION OF MATERIALS TO MAKE POTENTIAL STUDENTS AWARE OF THE COLLEGE'S PROGRAMS AND OPPORTUNITIES. THIS LINE ALSO INCLUDES THE EXPENSES OF PUBLICIZING EVENTS AND ACTIVITIES SPONSORED BY ALUMNI RELATIONS, OFFICE OF ADVANCEMENT, ATHLETICS AND OTHER DEPARTMENTS ON CAMPUS TO STUDENTS, FACULTY, STAFF, ALUMNI AND THE GENERAL PUBLIC. | FORM 990, PART IX, LINE 12: |
| CONTINUATION OF MISSION STATEMENT | AT RANDOLPH-MACON THE MATURATION AND TESTING OF THE SKILLS, VALUES, AND CHARACTER REQUIRED FOR A LIFETIME OF CHALLENGES EXTENDS BEYOND THE CLASSROOM. STUDENTS ARE ENCOURAGED TO MEET WITH FACULTY BOTH SOCIALLY AND INTELLECTUALLY, AND THEY HAVE THE OPPORTUNITY TO PARTICIPATE IN A VARIETY OF EXTRA-CURRICULAR ACTIVITIES. INTERACTION WITHIN THE COLLEGE COMMUNITY IS ASSURED BY RESIDENTIAL ENVIRONMENT AND AN ENROLLMENT OF APPROXIMATELY TWELVE HUNDRED. LOCATED IN ASHLAND, VIRGINIA RANDOLPH-MACON COLLEGE OFFERS A CURRICULUM AND A CULTURAL LIFE ENRICHED BY THE CLOSE PROXIMITY OF METROPOLITAN RICHMOND AND WASHINGTON, D.C. A RANDOLPH-MACON EDUCATION CONVEYS A SENSE OF LIFE DEFINED BY HISTORICAL CONTINUITY AND ETHICAL RESPONSIBILITY. FOUNDED BY METHODISTS IN 1830, RANDOLPH-MACON IS AN INDEPENDENT COLLEGE THAT RETAINS A RELATIONSHIP WITH THE UNITED METHODIST CHURCH. THROUGH THIS LIVING TIE THE COLLEGE DRAWS STRENGTH FROM A RELIGIOUS TRADITION THAT NURTURES CREATIVE SOCIAL CHANGE AND PERSONAL ACCOUNTABILITY. RANDOLPH-MACON BELIEVES THAT A LIBERAL ARTS EDUCATION CHALLENGES THE INTELLECT, IMAGINATION, AND CHARACTER. GRADUATES OF THE COLLEGE HAVE THE CAPACITY TO REALIZE THEIR POTENTIAL AS PROFESSIONALS, LEADERS, AND LIFELONG LEARNERS. THE COMPREHENSIVE NATURE OF A LIBERAL ARTS EDUCATION AT RANDOLPH-MACON COLLEGE PREPARES STUDENTS TO RESPOND TO THE CHANGING CAREER OPPORTUNITIES AND TO MEET LIFE'S CHALLENGES WITH CONFIDENCE, ENTHUSIASM, AND ETHICAL AWARENESS. | FORM 990, PART III, LINE 1: |
| LINE 24A: OTHER SUPPLIES AND SERVICES | THIS AMOUNT INCLUDES PURCHASES OF SUPPLIES, EQUIPMENT AND MAINTENANCE EXPENSE AS WELL AS ACTIVITIES RELATED TO CLASSROOMS, LABORATORIES, ATHLETICS PROGRAMS AND OTHER DEPARTMENTS. | FORM 990, PART IX, LINE 24A: |
| SCHEDULE K, SUPPLEMENTAL INFORMATION ON TAX-EXEMPT BONDS | GENERAL: FORM 8038 FILED BY INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF ASHLAND, VIRGINIA, WAS PREPARED USING EMPLOYER IDENTIFICATION NUMBER 56-6001129 BEFORE RECEIVING NOTIFICATION THAT THEIR CORRECT FEIN IS 52-1353936. WE HAVE USED THIS CORRECT IDENTIFIER IN COMPLETING OUR SCHEDULE K. FURTHER, THE FORM 8038 REPORTS ON EDUCATIONAL FACILITIES REVENUE NOTE (RANDOLPH-MACON COLLEGE PROJECT), SERIES 2004A AND B; OUR SCHEDULE K REPORTS ON SERIES 2004A ONLY. THE PERIOD COVERED BY SCHEDULE K IS THE FISCAL YEAR, JULY 1, 2009-JUNE 30, 2010. PART I LINE A, COLUMN (E) ISSUE PRICE OF EDUCATIONAL FACILITIES REVENUE NOTE (RANDOLPH-MACON COLLEGE PROJECT), SERIES 2004A AND B IS SHOWN ON FORM 8038 AS $6,500,000. THE ISSUE PRICE OF SERIES 2004A ALONE WAS $4,900,000. PART II LINE 5 AMOUNT SHOWN IN COLUMN A IS 100% ISSUANCE COST; NO CREDIT ENHANCEMENT FEES HAVE BEEN PAID. | SCHEDULE K |