2012-04-16T10:02:07-05:00 2011-05-31 LUMSDEN & MCCORMICK LLP 403 MAIN ST SUITE 430 BUFFALO NY 14203 990 2010-06-01 160743150 ST BONAVENTURE UNIVERSITY STBO 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 BRENDA MCGEE 7163752317 2012-04-11 1 JOHN P SCHIAVONE 7168563300 2010 2016-02-24 21:20:13Z BRENDA MCGEE 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 93571010 0 X WWW.SBU.EDU X 1858 NY TO FOSTER THE DEVELOPMENT OF KNOWLEDGEABLE, SKILLED, COMPASSIONATE AND ETHICAL INDIVIDUALS. 29 29 1596 116 355758 -230462 10314915 11613158 65865802 69601357 -613830 1247677 2212410 2066686 77779297 84528878 23865273 25637330 0 0 30649707 31090964 0 0 2403080 20079311 20978202 74594291 77706496 3185006 6822382 136801980 147493412 32586308 31252453 104215672 116240959 X OUR COMMITMENT IS TO STUDENTS, STUDY AND SERVICE. FOUNDED IN 1858, ST. BONAVENTURE IS A CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. WE ARE COMMITTED TO THE CONSTANT PURSUIT OF DISTINCTION IN OUR UNDERGRADUATE AND GRADUATE PROGRAMS, OUR INNOVATIVE LIBERAL ARTS CORE AND ALL OF OUR COURSES OF STUDY. 0 0 65323578 25637330 69601358 HIGHER EDUCATION PROVIDED TO APPROXIMATELY 2800 UNDERGRADUATE AND GRADUATE STUDENTS 65323578 1 1 0 1 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 191 0 1 1596 1 1 1 1 UK 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X NANCY TAYLOR 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 JOHN MCGINLEY JR 2.00 X X 0 0 0 JOHN MCCORMACK JR 2.00 X X 0 0 0 RAYMOND DEE 2.00 X X 0 0 0 FR FRANK SEVOLA OFM 2.00 X X 0 0 0 LAURIE BRANCH 2.00 X 0 0 0 JAMES CATTANO 2.00 X 0 0 0 DANIEL COLLINS 2.00 X 0 0 0 WILLIAM COLLINS 2.00 X 0 0 0 ROBERT DAUGHERTY 2.00 X 0 0 0 JOSEPH DEMARIA ESQ 2.00 X 0 0 0 COLETTE DOW 2.00 X 0 0 0 TIMOTHY FIDGEON ESQ 2.00 X 0 0 0 TIMOTHY FINAN 2.00 X 0 0 0 ALBERT HORTON 2.00 X 0 0 0 ROBERT JONES LLD 2.00 X 0 0 0 ROBERT KING 2.00 X 0 0 0 DR BHARAT KOHLI MD MBA 2.00 X 0 0 0 FR FRED LINK OFM 2.00 X 0 0 0 THOMAS MARRA 2.00 X 0 0 0 JAMES MEYER 2.00 X 0 0 0 EUGENE O'CONNOR ESQ 2.00 X 0 0 0 VERY REV JOHN O'CONNOR OFM 2.00 X 0 0 0 FR KENNETH PAULLI OFM EDD 2.00 X 0 0 0 LESLIE QUICK III 2.00 X 0 0 0 JOHN SPONYOE 2.00 X 0 0 0 MARVIN STOCKER 2.00 X 0 0 0 BERNARD STOECKLEIN JR 2.00 X 0 0 0 VINCENT VOLPE JR 2.00 X 0 0 0 LYNDA WILHELM 2.00 X 0 0 0 SR MARGARET CARNEY 40.00 X 0 0 16610 DR MICHAEL FISCHER 40.00 X 137627 0 55883 BRENDA MCGEE 40.00 X 137739 0 23862 DR EMILY SINSABAUGH 40.00 X 117630 0 15547 ROBERT DONIUS 40.00 X 62451 0 46688 BR F EDWARD COUGHLIN 40.00 X 0 0 4564 RICHARD TRIETLEY 40.00 X 89376 0 7227 MARY DRISCOLL 40.00 X 111033 0 56932 DR JOHN WATSON 40.00 X 119270 0 17948 DR LEIBERT COPPOLA 40.00 X 120130 0 21827 MARK SCHMIDT 40.00 X 289676 0 38588 STEPHEN WATSON 40.00 X 116560 0 11469 DR CAROL FISCHER 40.00 X 114204 0 10263 1415696 0 327408 15 0 1 0 ARAMARK 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 FOOD SERVICE CONTRACTOR 5575823 TIAA-CREF 730 THIRD STREET NEW YORK NY 10017 PENSION SERVICES 2873324 COVERED WAGON TOURS LLC 158 THACHER STREET HORNELL NY 14843 TRANSPORTATION SERVICES 275472 LAWLEY SERVICES INC 120 DELAWARE AVENUE BUFFALO NY 14202 INSURANCE BROKER 248200 HILBERT COLLEGE 5200 SOUTH PARK AVENUE HAMBURG NY 14075 RENTAL GUARANTEE 244909 24 2702325 8910833 9008 11613158 TUITION AND FEES 611710 58630410 58630410 RESIDENCE HALL 721000 8269985 8269985 FOOD SERVICE/DINING 722210 1865367 1865367 ATHLETIC REVENUE 713940 434469 434469 PARKING FEES 812930 165781 165781 235345 235345 69601357 745104 745104 9544705 9036961 5171 507744 -5171 502573 -5171 507744 MISCELLANEOUS REVENUE 900099 1710928 1710928 GOLF COURSE 713910 218504 218504 CAMPS & CONFERENCES 713940 124182 124182 13072 13072 2066686 84528878 58625239 355758 13934723 25637330 25637330 911926 104098 625348 182480 22160313 18356738 2681999 1121576 1922826 1427483 395996 99347 6095899 5062203 750325 283371 103258 103258 130307 130307 1382882 708049 633571 41262 3218453 2167660 841879 208914 2247907 332384 1915523 1508395 1297983 83194 127218 11610 9024 2093 493 870832 759341 102219 9272 3487272 3040801 409339 37132 292748 39370 248678 4700 STUDENT ACTIVITIES 2755042 2693466 59956 1620 BUILDING AND AUTO REPAI 1674501 903168 755843 15490 ATHLETICS 751288 751288 0 0 ENTERTAINMENT 718309 517293 75846 125170 1825398 1515899 294771 14728 77706496 65323578 9979838 2403080 1429731 10502388 8965694 8823591 5450056 5647326 835 1721 843174 661582 122306314 54686505 69260289 67619809 50852201 54236995 136801980 147493412 3581986 3558627 1774623 2072949 18540370 16532489 8689329 9088388 32586308 31252453 X 62040437 58693659 8223833 22208636 33951402 35338664 104215672 116240959 136801980 147493412 X 6822382 5202905 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 130307 0 0 130307 0 X X X X 0 39425175 3393191 6454489 2341500 46931355 36333348 1311376 4821532 3041081 39425175 44896975 2914188 -9331756 2146059 36333348 0.25000 0.75000 0 0 2558507 2558507 92928757 35525140 57403617 13477196 9685041 3792155 13341854 9476324 3865530 67619809 COMMON STOCK 28211421 F BONDS 5359459 F OTHER INVESTMENTS 13352170 F LIQUID ASSETS 7313945 F 54236995 STUDENT AND OTHER DEPOSITS 386442 ACCRUED INTEREST 116014 OTHER LIABILITIES 942531 US GOVT GRANTS REFUNDABLE 2239256 ASSET RETIREMENT OBLIGATION 5404145 9088388 84528878 77706496 6822382 5202905 5202905 12025287 89731783 5202905 5202905 84528878 0 84528878 77706496 0 77706496 0 77706496 PART III, LINE 1A: THE UNIVERSITY DOES NOT ASSIGN A VALUE TO ART AND OTHER COLLECTIONS RECEIVED AS GIFTS. MANAGEMENT BELIEVES IT IS NOT PRACTICABLE TO DETERMINE THE FAIR VALUE OF THE COLLECTION. PART III, LINE 4: LOCATED ON THE CAMPUS OF ST. BONAVENTURE UNIVERSITY IN WESTERN NEW YORK, THE REGINA A. QUICK CENTER FOR THE ARTS HAS AS ITS MISSION TO OFFER BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC A PROGRAM OF PROFESSIONAL, CULTURALLY DIVERSE ARTS EVENTS AND EXHIBITIONS OF THE HIGHEST ARTISTIC QUALITY REFLECTING THE VALUES OF THE UNIVERSITY AND ITS CURRICULUM. TO THAT END, THE CENTER COLLECTS, PRESERVES, EXHIBITS AND INTERPRETS HISTORIC AND CONTEMPORARY VISUAL ART AND CULTURAL ARTIFACTS AND MAINTAINS ACTIVE OUTREACH TO A WIDE COMMUNITY IN THE SECOND MOST UNDERDEVELOPED COUNTY IN NEW YORK STATE AND THE SIX CONTIGUOUS COUNTIES OF THE SOUTHERN TIER OF WESTERN NEW YORK AND NORTHERN PENNSYLVANIA. THE ST. BONAVENTURE UNIVERSITY COLLECTIONS INCLUDE OVER 3,000 WORKS OF ART DATING FROM SEVERAL HUNDRED YEARS BEFORE THE BIRTH OF CHRIST INTO THE 21ST CENTURY, REPRESENTING EUROPEAN, AMERICAN, ASIAN AND MESOAMERICAN CULTURES. THE COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS AND OTHER WORKS ON PAPER IN ALL PRINT MEDIA. AN INSTALLATION OF OVER 250 WORKS ARE ON PERMANENT DISPLAY AUGMENTED BY TEN OR MORE ADDITIONAL TEMPORARY EXHIBITIONS PRODUCED YEARLY FROM BOTH LOAN SOURCES AND THE UNIVERSITY'S OWN HOLDINGS. THE COLLECTIONS REFLECT THE UNIVERSITY'S MISSION THROUGH ITS BREADTH AND DEPTH. WE BELIEVE OUR HOLDINGS REPRESENT AN EXTRAORDINARY RESOURCE IN AN ECONOMICALLY CHALLENGED COMMUNITY WITH LITTLE ACCESS TO CULTURAL RESOURCES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ALLOCATION AS FOLLOWS: 45% SCHLARSHIPS; 10% UNRESTRICTED; 5% LIBRARY; 8% QUICK ARTS CENTER; 13% FRANCISCAN PROGRAMS AND RESEARCH; 17% ACADEMIC PROGRAMS AND TEACHING; AND 2% RESTRICTED 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 POLICY IS PUBLISHED IN PRINTED PAMPHLETS, CATALOGUES, BROCHURES, AND NEWSPAPER ADVERTISEMENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND NEW YORK STATE AGENCIES. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 5 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 754251 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 352570 CENTRAL AMERICA & THE CARIBBEAN 0 0 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 11400 NORTH AMERICA 0 0 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 7123 0 5 0 0 0 5 1125344 0 1125344 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANT FUNDS REPRESENT SCHOLARSHIPS WHICH ARE POSTED RIGHT TO THE STUDENT'S ACCOUNT TO OFFSET TUITION CHARGES. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. 1 SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY. 1926 25637330 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THEIR OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. FRANCISCAN INSTITUTE AWARDS ARE REVIEWED FOR ELIGIBILITY AND AMOUNTS ARE DETERMINED BY FI. ATHLETE AWARDS ARE ADDITIONAL AID TO ACADEMIC AWARDS AND ARE DETERMINED BASED ON THE SPORT, NCAA STANDARDS, INTERNAL FUNDS AVAILABILITY, AND NEGOTIATIONS BETWEEN THE COACH AND ATHLETE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR MICHAEL FISCHER 137627 0 0 0 0 0 0 0 57935 0 195562 0 0 0 BRENDA MCGEE 137627 0 0 0 112 0 0 0 24894 0 162633 0 0 0 MARY DRISCOLL 111033 0 0 0 0 0 0 0 57893 0 168926 0 0 0 MARK SCHMIDT 289676 0 0 0 0 0 0 0 41822 0 331498 0 0 0 COUNTY OF CATTARAUGUS IDA 237312732 149468ES5 2006-05-04 8000000 DORMITORY RENOVATIONS AND AN ADDITION/RENOVATION TO STUDENT DINING FACILITY 0 0 0 8000000 757871 216051 7026027 51 2007 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 1 ROBERT A PRINCE SON OF TRUSTEE 7300 INSTITUTIONAL AID CHRISTOPHER SPONYOE GRANDSON OF TRUSTEE 10500 INSTITUTIONAL AID X 6023 FMV AT TIME OF GIFT X 23 823051 FMV AT TIME OF GIFT X GIFT CARDS & GIFT CERTIFICATES 9 0 X ADVERTISING 1 0 X EDUCATION SOFTWARE 1 2985 FMV AT TIME OF GIFT 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: GIFTS IN KIND ARE RECOGNIZED IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THOSE ITEMS REPORTED IN COLUMN A AND NOT COLUMN C DID NOT MEET THIS CRITERIA. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS SUBJECT TO REVIEW BY BOTH THE FINANCE AND TRUSTEESHIP COMMITTEES OF THE BOARD OF TRUSTEES PRIOR TO BEING FILED. IT IS ALSO MADE AVAILABLE ON THE TRUSTEES WEB SITE FOR THE PERUSAL OF ALL TRUSTEES DURING THE PERIOD IN WHICH IT IS UNDER REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY REQUIRES THAT ANY CONFLICTS ARE SELF-DISCLOSED AND ADDITIONAL CONFLICTS AND POTENTIAL CONFLICTS ARE MONITORED THROUGH THE VICE-PRESIDENTIAL OFFICES, OFFICE OF THE PRESIDENT AND OFFICE OF HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 AN EXTERNAL COMPENSATION CONSULTING FIRM IS RETAINED TO ASSIST WITH SETTING AND ADMINISTERING COMPENSATION. THEY REVIEW ALL JOB DESCRIPTIONS, AND ESTABLISH A RECOMMENDED SALARY RANGE BASED ON THE JOB DESCRIPTION AND RELEVANT BENCHMARK DATA. THE PRIMARY DATA USED IS SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. IT IS SUPPLEMENTED BY APPROPRIATE DATA IN SPECIFIC INDUSTRIES AND/OR LOCAL DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DATA WITH THE CONSULTANT AND SETS THE PRESIDENT'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS (INCLUDING POLICIES) ARE AVAILABLE TO THE PUBLIC THROUGH THE OFFICE OF HUMAN RESOURCES AND/OR PUBLIC RELATIONS OFFICE. FINANCIAL STATEMENTS ARE AVAILABLE ON GUIDESTAR.COM, OR THROUGH THE FINANCE OFFICE OF THE UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,202,905.