2012-05-15T12:42:35-05:00 2011-06-30 990 2010-07-01 020222111 Trustees of Dartmouth College TRUS 6036463011 7 Lebanon Street Suite 302 No 6015 Hanover NH 03755 Gail Goodness 6036463011 2012-05-15 2010 2016-02-24 21:20:13Z X Jim Yong Kim 7 Lebanon Street Suite 302 No 6015 Hanover NH 03755 8049017600 0 X www.dartmouth.edu X 1769 NH Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge. 25 21 10144 15000 3455201 -4774992 307802477 316726888 401488707 427007655 141742180 198165265 13522475 17307400 864555839 959207208 119861607 126384248 0 0 435615604 439093629 0 0 31773517 314849107 329483116 870326318 894960993 -5770479 64246215 5130554144 5828845616 1624293861 1765644068 3506260283 4063201548 X Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge. 0 0 453826175 117869924 331762530 4a. Education and Academic Support: Uniting opportunities for practice and theory in every discipline, academics at Dartmouth are innovative, interdisciplinary, international, individualized, and structured to foster the most important features of a world-class education. Each student's experience is distinguished by breadth, depth, and personal connections with top faculty. The institution comprises the Faculty of the Arts & Sciences and three professional schools: the Thayer School of Engineering, the Tuck School of Business, and Dartmouth Medical School. Dartmouth's 1,004-person faculty teaches and guides almost 6,100 undergraduate and graduate students. Dartmouth's library system directly supports the research and teaching mission of Dartmouth College, as well as the life-long learning needs of the Dartmouth community, by providing access to more than 72,000 digital resources such as indexes, databases and journals, 20,000 print and digital journal titles, 2.4 million books, over 368,000 ebooks, 24,000 films and videos, 192,000 maps, 38,000 sound recordings and 450,000 photographs. State-of-the-art computing resources are available to faculty and students to foster innovation and excellence in research and in the curriculum. 186225354 7777661 12248120 4b. Research & Research Support: At Dartmouth, teaching and research are inextricably linked. Dartmouth offers undergraduate students a rigorous curriculum at the forefront of higher education and Dartmouth faculty pursue research at the highest levels of their disciplines. More than 1,000 undergraduate students conduct independent study through one-on-one supervision with a faculty member or work as a member of a research group in state-of-the-art facilities. Dartmouth is home to world-class scholars in the Faculty of Arts & Sciences, the Thayer School of Engineering, the Tuck School of Business, and the Dartmouth Medical School-which has strong ties to the Dartmouth-Hitchcock Clinic and the Mary Hitchcock Memorial Hospital. In addition, Dartmouth has more than 70 centers, institutes, research groups, and laboratories in areas ranging from medicine to social policy, from engineering to business. Many of these are interdisciplinary and join faculty and students from across the College to work on complex issues. During fiscal 2011, faculty and others engaged in sponsored activity received $202.7 million in awards from external funding agencies. 136049149 736663 82997005 4c. Campus Life: Fundamental to the College's mission of intellectual excellence is the belief that education is formative, both in and outside of the classroom. Dartmouth College has a rich and long tradition in liberal arts learning which recognizes that education is a continuum that extends beyond the four walls of the classroom. More than 90% of Dartmouth undergraduates live on campus and Dartmouth's diverse dining facilities are the hub of many social activities. Athletics at Dartmouth compliment the overall academic and intellectual growth of Dartmouth students, with more than 80% of undergraduates participating in at least one of the 34 intercollegiate, 35 intramural and 21 club sports offered at the College. In addition, facilities such as the Hanover Country Club, Dartmouth Skiway, and Morton Farm provide an opportunity for recreation and learning beyond the classroom. There are also over 350 student groups which allow students to explore interests in the diverse areas, including community service, the environment, music, dance, politics and journalism. 776100678 1 1 0 1 0 1 0 1 1 1 1 1 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 1 X 1960 0 1 10144 1 1 1 1 GM SP FR IT UK SF EI 0 0 0 1 1 0 0 0 0 0 0 0 X 25 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NH X Controller's Office 6036463011 7 Lebanon Street Suite 302 Hanover NH 03755 Leon Black 3.00 X 0 0 0 Gail Boudreaux 0.10 X 0 0 0 R William Burgess Jr 0.10 X 0 0 0 James Coulter 0.10 X 0 0 0 John Donahoe 3.00 X 0 0 0 Denise Dupre 3.00 X 0 0 0 Gregg Engles 0.10 X 0 0 0 R Bradford Evans 3.00 X 0 0 0 Marye Ann Fox 0.10 X 0 0 0 Annette Gordon-Reed 3.00 X 0 0 0 Charles Haldeman Jr 3.00 X 0 0 0 William Helman IV 5.00 X 0 0 0 Jeffrey Immelt 3.00 X 0 0 0 Morton Kondracke 3.00 X 0 0 0 John Lynch 0.10 X 0 0 0 Stephen Mandel Jr 5.00 X 0 0 0 Albert Mulley 0.10 X 0 0 0 Sherri Oberg 3.00 X 0 0 0 Trevor Rees-Jones 3.00 X 0 0 0 John Replogle 3.00 X 0 0 0 John Rich 3.00 X 0 0 0 Peter Robinson 3.00 X 0 0 0 Thurman Rodgers 3.00 X 0 0 0 Steven Roth 3.00 X 0 0 0 Stephen Smith 3.00 X 0 0 0 Peggy Epstein Tanner 3.00 X 0 0 0 Diana Taylor 3.00 X 0 0 0 Jim Yong Kim 40.00 X X 897869 0 187016 Steven Kadish 40.00 X 352357 0 33638 Carol Folt 40.00 X 468647 0 92803 William Green 40.00 X 363699 0 25870 Carolyn Pelzel 40.00 X 455070 0 39640 Robert Donin 40.00 X 320359 0 42352 Michael Mastanduno 40.00 X 317098 0 26191 Linda Snyder 40.00 X 244240 0 30650 Michael Wagner 40.00 X 193649 0 45352 Paul Danos 40.00 X 556603 0 43277 Sydney Finkelstein 40.00 X 516210 0 49838 Richard Freeman Jr 40.00 X 728640 0 46251 Mark Israel 40.00 X 538832 0 27568 Matthew Slaughter 40.00 X 542007 0 46050 James Wright 40.00 X 611032 0 41402 Adam Keller 40.00 X 443092 0 44059 Barry Scherr 40.00 X 335171 0 43256 Thomas Crady X 171687 0 32561 8056262 0 897774 734 1 1 0 Bond Brothers Inc 145 Spring Street Everett MA 02149 Construction and general contractor 37379670 Mary Hitchcock Memorial Hospital One Medical Center Drive Lebanon NH 03756 Medical Research 13458223 Engelberth Construction Inc 428 Main Street Keene NH 03431 Construction and general contractor 13144974 William A Berry & Son Inc 99 Confier Hill Drive Danvers MA 01923 Construction and general contractor 8024396 Dartmouth Hitchcock Clinic One Medical Center Drive Lebanon NH 03756 Medical Research 6153927 107 369875 125859 150460297 165770857 22383686 316726888 Tuition and Fees 611600 276448180 276448180 Auxiliary Service 611710 58545649 55531842 3013807 Medical Related 611600 54064924 54064924 All other 611600 22147368 21776788 370580 Other Education Relate 611600 15801534 15772324 29210 427007655 47843932 47843932 29517 29517 6443478 6443478 14662859 10179021 4483838 4483838 41604 4442234 7223243399 6589595 7079507012 34166 143736387 6555429 150291816 150291816 318163 125859 90193 227970 227970 Split interest distrib 525920 5588752 5588752 Other revenue 900099 563362 563362 6152114 959207208 423594058 3455201 215431061 41000 41000 122720334 122720334 3622914 3622914 4120308 791383 2873071 455854 1808618 1063596 745022 360778849 306702133 35904008 18172708 27529397 22745351 3359627 1424419 23954408 19696395 3006716 1251297 20902049 17161905 2649932 1090212 336262 336262 793112 305919 485217 1976 496226 13706 482520 87856 87856 5386055 5386055 83844669 74059214 5179195 4606260 1345732 1221716 58333 65683 23581046 20038395 1360366 2182285 9234050 4200520 4812177 221353 454430 452492 1863 75 43658248 40238766 3236327 183155 21152763 18752357 961138 1439268 1676587 1538535 94578 43474 34672760 27200312 7450329 22119 45315440 42390933 2864078 60429 1824229 1063581 743081 17567 Purchase for resale 18039149 17993691 45458 Book & media 10733591 10621982 56873 54736 Non Cap Equipment 6170252 5733595 411334 25323 Other equip rental and 4145363 3619000 410585 115778 16535296 11774691 4421059 339546 894960993 776100678 87086798 31773517 15969668 13996187 367065127 325954784 238276488 196557324 49430636 189823406 45339720 49313605 3135911 3247346 8856977 9090440 1419352845 555726388 781182652 863626457 680994541 825220553 2926935128 3338016426 2709269 3497678 10658027 10501410 5130554144 5828845616 152255362 355283727 30594009 33442218 575955000 572515000 45923882 47640568 41944529 48011260 287636770 287000000 489984309 421751295 1624293861 1765644068 X 863744571 1109343687 1729036229 1980299255 913479483 973558606 3506260283 4063201548 5130554144 5828845616 X 64246215 492695050 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 1 10 0 1 1 91904 0 1 91914 0 Explanation of Other Lobbying Activities: Part II-B, Line 1i: Meetings were held with US Senators, Congressional Representatives, and White House staff to discuss matters including research programs and health reform. There was written correspondence in support of Global AIDS coordination. Meetings were held with members of the State of New Hampshire Legislature for matters including the New Hampshire Hospital contract. Letters were written to New Hampshire and Vermont representatives in support of funding for state airports. 8 1062320 739439 3609652 1 1 X X X X 1 0 1 2998302307 52718726 541549240 -39486695 -139676806 3413406772 2824894018 82027937 298314278 -47197989 -159735937 2998302307 3660159037 90714805 -691492222 -53107545 -181380057 2824894018 0.26290 0.26260 0.47450 0 0 19090475 19090475 870188612 341785221 528403392 235641003 151483623 84157380 294432755 62457544 231975210 863626457 Private Equity/Venture Capital Limited Partnership 952913586 F Private Equity/Venture Real Estate & Real Asset Limited Partnership 762298917 F Private Equity/Venture Other Investments 2597977 F Cash & Cash Equlivalents and Commingled 15000170 F Fixed Income Securities and Commingled Funds 39060102 F Fixed Income Securities and Commingled Global Equity Commingled Funds 733908126 F Marketable Alternative Strategies Commingled Funds 832237548 F 3338016426 Mark to market liability 89403013 Employee Benefit Liabilities 267822720 Conditional asset retirement obligation 22628813 Government advance, student loans 20024111 Other 21872638 421751295 Part III, Line 1a Dartmouth's collections include works of art, literary works, historical treasures, and artifacts that are maintained in its museum and libraries. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sale to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since Dartmouth's inception, are not recognized as assets in the Statement of Financial Position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or in temporarily restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not recorded in the financial statements. Part III, Line 4 Collections at Dartmouth College exist in two primary areas: the Hood Museum of Art (the Hood) and the Dartmouth College library system. The Hood Museum of Art at Dartmouth College is one of the oldest and largest college museums in the country. The collections of the Hood, which number some 65,000 objects, are rich, diverse, and available for the use by both Dartmouth and the broader community. Access to works of art is provided through permanent collection displays, the online collections database, special exhibitions, the website, scholarly publications, and programs and events. These exhibits and programs are an exciting learning resource for students and the academic community. The Hood offers a vital curricular resource, a source for lectures, gallery talks, symposia, and receptions for the public, and an on-line database of thousands of works. The Dartmouth College Library fosters intellectual growth and advances the mission of Dartmouth College and affiliated communities by supporting excellence and innovation in education and research, managing and delivering information, and partnering to develop and disseminate new scholarship. The Rauner Special Collections Library houses Dartmouth's Archives, the Rare Books Collections, and the Manuscripts Collection. Dartmouth's Archives documents the history of the College through the historical records of the institution and the three professional schools, as well as the history of the surrounding area through selected collections related to local businesses and organizations. Totaling more than 100,000 volumes, Dartmouth's rare book collections constitute a resource of major importance to the institution and the scholarly world at large. The manuscript collections contain over six and a half million unique and original items. Dartmouth students, faculty, staff and outside researchers are all welcome to make use of Rauner Library's extensive holdings of rare books, manuscripts, and archival documents for their research. Part IV, Line 2 Certain donors have established irrevocable split-interest agreements with Dartmouth, primarily charitable gift annuities, pooled life income funds, and irrevocable charitable remainder trusts, whereby the donated assets are invested and a liability is recognized for distributions to be made in accordance with the agreements. In addition, Dartmouth maintains the Dartmouth Donor Advised Fund (DDAF) to enable philanthropic individuals and families to streamline the management of their charitable gifts. Through the DDAF, Dartmouth receives, invests and administers gifts to Dartmouth and other charitable organizations on the donors' behalf. 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 College's racially nondiscriminatory policy is widely publicized through a variety of print and electronic media. The notification language set forth in Section 403 Rev of Rev. Proc. 75-50 is included in the College's brochures and other publications which are available to the general public. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Dartmouth College received federal and state funding in support of its instructional and research programs. 1 Central America and the Caribbean 0 0 Investment 735157860 Central America and the Caribbean 0 0 Program Services Research 16865 Central America and the Caribbean 0 0 Program Services Education and educational consulting 63285 Central America and the Caribbean 0 0 Program Services Study-abroad programs 213433 Central America and the Caribbean 0 0 Program Services Volunteer Services 97987 East Asia and the Pacific 0 0 Program Services Research 15191 East Asia and the Pacific 0 0 Program Services Education and educational consulting 283743 East Asia and the Pacific 0 0 Program Services Study-abroad programs 667525 Europe 0 0 Investment 34465833 Europe 0 0 Program Services Research 305270 Europe 0 0 Program Services Education and educational consulting 1098779 Europe 0 0 Program Services Study-abroad programs 3571722 Europe 0 0 Program Services Volunteer Services 46453 Europe 0 1 Fundraising 11047 Middle East and North Africa 0 0 Program Services Research 22350 Middle East and North Africa 0 0 Program Services Education and educational consulting 37727 Middle East and North Africa 0 0 Program Services Study-abroad programs 165275 North America 0 0 Investment 48817130 North America 0 0 Program Services Research 73968 North America 0 0 Program Services Education and educational consulting 163648 North America 0 0 Program Services Study-abroad programs 160672 Russia and the Newly Independent States 0 0 Program Services Education and educational consulting 14597 Russia and the Newly Independent States 0 0 Program Services Study-abroad programs 71344 South America 0 0 Program Services Research 58518 South America 0 0 Program Services Education and educational consulting 75070 South America 0 0 Program Services Study-abroad programs 277053 South Asia 0 0 Program Services Research 11495 South Asia 0 0 Program Services Education and educational consulting 170064 South Asia 0 0 Program Services Study-abroad programs 142629 Sub-Saharan Africa 0 0 Investment 4410708 Sub-Saharan Africa 0 0 Program Services Research 313295 Sub-Saharan Africa 0 0 Program Services Education and educational consulting 165452 Sub-Saharan Africa 0 0 Program Services Study-abroad programs 198294 0 0 0 1 0 1 736515889 94848393 831364282 Scholarships/Tuition Remission Central America and the Caribbean 10 130062 Student scholarships FMV Scholarships/Tuition Remission East Asia and the Pacific 44 577537 Student scholarships FMV Scholarships/Tuition Remission Europe 164 2159507 Student scholarships FMV Scholarships/Tuition Remission Middle East and North Africa 10 135974 Student scholarships FMV Scholarships/Tuition Remission North America 11 141886 Student scholarships FMV Scholarships/Tuition Remission Russia and Newly Independent States 4 47295 Student scholarships FMV Scholarships/Tuition Remission South America 16 206817 Student scholarships FMV Scholarships/Tuition Remission South Asia 9 123233 Student scholarships FMV Scholarships/Tuition Remission Sub-Saharan Africa 9 100504 Student scholarships FMV 1 1 1 1 1 1 Other Information Schedule F, Part V Part I, Line 2. Grants distributed by Dartmouth consist of scholarships and fellowships given to Dartmouth students to pursue study or research outside the United States. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Banner Student Information System after the student has enrolled for the term. Scholarship funds are granted in support of a student ceasess to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth Faculty. Golf Tournament 141390 71014 70376 541 6946 11676 17236 Tuck Auction 70565 41870 28695 999 1557 1425 4322 3 232067 12975 219092 218 21284 2729 21260 444022 125859 318163 759 7945 34517 4154 42818 90193 227970 Part II, (c) other events - included in gross receipts is income received for an event held in FY10. Dartmouth's fiscal 2010 Form 990 reported all expenses for this event but only the portion of the revenue received during the fiscal year. Additional revenue totaling $105,214 was received during fiscal 2011 and is included on Line 1, column c. 1 Museum of Fine Arts Boston 465 Huntington Avenue Boston MA 021155523 042103607 501(c)3 7500 Distribution from Dartmouth Donor Advised Funds 1 Scholarships/Tuition Remission 3634 51031 116320383 FMV Student Scholarships/tuition remission and employee tuition reimbursement Fellowships 985 9717406 23068 FMV Student Fellowships/Employment Internships 462 886781 FMV Student Paid Internships Health Insurance Subsidy 629 8458 1247769 FMV Subsidize health insurance cost for graduate students Prizes and Awards 462 342958 96154 FMV Achievement recognition awards to individual students Other Information: Part IV: Part I, Line 2: Grants distributed by the College consist primarily of scholarships, fellowships and related support given to Dartmouth students. Scholarships are awarded based on the financial need of the student. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Scholarships are credited to an individual student's account through the Banner Student Information System after the student has enrolled for the term (these credits are included in "non-cash assistance" above). Scholarship funds are withdrawn if the student ceases to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth faculty. X X X X 0 1 X X X X X X 1 1 0 0 0 0 0 1 1 1 Jim Yong Kim 757662 0 100000 0 40207 0 124500 0 62516 0 1084885 0 0 0 Steven Kadish 344901 0 0 0 7456 0 24500 0 9138 0 385995 0 0 0 Carol Folt 451671 0 0 0 16976 0 24500 0 68303 0 561450 0 0 0 William Green 362865 0 0 0 834 0 24500 0 1370 0 389569 0 0 0 Carolyn Pelzel 342620 0 100000 0 12450 0 24500 0 15140 0 494710 0 0 0 Robert Donin 305182 0 0 0 15177 0 24500 0 17852 0 362711 0 0 0 Michael Mastanduno 301062 0 0 0 16036 0 24500 0 1691 0 343289 0 0 0 Linda Snyder 234984 0 0 0 9256 0 22700 0 7950 0 274890 0 0 0 Michael Wagner 180135 0 0 0 13514 0 19268 0 26084 0 239001 0 0 0 Paul Danos 532271 0 0 0 24332 0 24500 0 18777 0 599880 0 0 0 Sydney Finkelstein 500094 0 0 0 16116 0 24246 0 25592 0 566048 0 0 0 Richard Freeman Jr 690251 0 25000 0 13389 0 24500 0 21751 0 774891 0 0 0 Mark Israel 531736 0 0 0 7096 0 24500 0 3068 0 566400 0 0 0 Matthew Slaughter 528618 0 0 0 13389 0 24500 0 21550 0 588057 0 0 0 James Wright 568563 0 0 0 42469 0 24500 0 16902 0 652434 0 0 0 Adam Keller 359453 0 0 0 83639 0 24500 0 19559 0 487151 0 37450 0 Barry Scherr 310218 0 0 0 24953 0 24500 0 18756 0 378427 0 0 0 Thomas Crady 152353 0 0 0 19334 0 15801 0 16760 0 204248 0 169034 0 Part I, Line 1a First-class travel and companion travel Dartmouth travel policy allows for first or business class air travel for Dartmouth business purposes in limited circumstances. Consistent with this policy, on infrequent occasions senior officers flew first class with the President's approval. The lack of a major commercial airport within 80 miles of Dartmouth requires use of charter air travel to fulfill the business travel requirements of the President. For this reason, the President had access for business purposes to charter flight service, the cost of which was fully defrayed by private donations designated for this purpose. The President's wife occasionally traveled with him for business purposes including participating in alumni events and meetings with key constituent donors on Dartmouth's behalf. The Dean of Medical School's wife, who is an employee of Dartmouth travelled with him on one occasion in her role as a research assistant. Housing Allowance or residence for personal use Dartmouth provided housing for the President and Provost. These arrangements were for the convenience of Dartmouth and a condition of employment and therefore were not taxable to the individual. Personal Services Housekeeping services were provided by Dartmouth for cleaning and maintaining the President's house. The value of services provided for personal living space was recognized as imputed income to the President. Part I, Line 1b Dartmouth followed guidance set forth in the tax regulations relevant to the items listed in Line 1a, but did not have a separate written document in fiscal 2011. Part I, Lines 4a-b Adam Keller received $37,450 in reportable compensation during calendar 2010 under a severance arrangement awarded during fiscal 2010. Thomas Crady received $204,248 in reportable and other compensation during 2010 under a severance agreement awarded during fiscal 2010. Dartmouth provides the President with a nonqualified 457(f) supplemental retirement plan. The Plan provides for annual credits to the plan subject to vesting requirements based on continuation of employment through set dates. Part I, Line 7 President Jim Yong Kim was awarded a performance bonus of $100,000 in calendar year 2010. Carolyn Pelzel, Senior Vice President for Advancement received a performance bonus of $100,000 in calendar 2010. Richard Freeman, Chair of the Department of Surgery received a signing bonus of $25,000 in calendar 2010. Part I, Line 8 Compensation paid to Michael Mastanduno, Dean of Faculty is paid pursuant to a contract subject to the initial contract exception. New Hampshire Health & Educ Facilities Authority 020279866 644614FP9 2003-03-12 113250000 Refund 6-1-93 issue 0 0 0 New Hampshire Health & Educ Facilities Authority 020279866 644614RV3 2007-04-05 90000000 Refund 3-6-97 & 11-13-97 issues, issue costs, capital renovations 0 0 0 New Hampshire Health & Educ Facilities Authority 020279866 644614RV3 2007-04-05 90000000 Issue cost, new construction, capital renovations, equipment 0 0 0 New Hampshire Health & Educ Facilities Authority 020279866 644614YG8 2009-06-18 207389690 Refund 12-17-98 & 12-1-99 issues, issue cost, new constr, cap renov 0 0 0 20450000 1125000 1125000 1 0 1 1 160000 3099064 175986 17688 2009 1 0 1 1 93437682 3437682 471429 89528571 2009 0 0 1 1 164890390 151866 1042393 140862121 22834010 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0.00600 0.00600 1 0 1 0 0 0 0.00700 0.00700 1 0 1 0 0 0 0.00700 0.00700 1 0 1 0 0 0 1 0 1 1 Wells Fargo& Barclays Bank PLC 0 0 0 0 0 0 1 1 Wells Fargo& Barclays Bank PLC 0 0 0 0 0 0 0 0 - 0 0 0 Part II, line 3, col A: The difference between issue price and total proceeds = ($112,125,000) to refinance prior issue Part II, line 3 col B: The difference between issue price and total proceeds equals the sum of ($87,076,922) to refinance prior issues and $175,986 of investment income. Part II, line 3, col C: The difference between issue price and total proceeds equals $3,437,682 of investment income. Part II, line 3, col D: The difference between issue price and total proceeds equals the sum of ($42,651,166) to refinance prior issues and $151,866 of investment income. Part IV, line 3c, col B & C: $32M hedge with Wells Fargo Bank, NA, interest paid monthly at 3.774% and interest received at 72% of 1 month LIBOR, effective 6-1-07, maturity 6-1-27 Part IV, line 3c, col B & C: $53M hedged with Barclays Bank PLC, interest paid monthly at 3.777%, interest received at 72% of 1 month LIBOR, effective 6-1-07, maturity 6-1-28 Ledyard Bank Former Dartmouth Officer and Ledyard Bank Director 636767 Interest and principal payments Hanover Inn loan 0 Ledyard Bank Former Dartmouth Officer and Ledyard Bank Director 153550 Interest and principal payments Lang Building loan 0 Apollo Investment Fund V Dartmouth Trustee and Apollo Management Officer 144417 Capital Contribution 0 Apollo Investment Fund V Dartmouth Trustee and Apollo Management Officer 2759740 Capital Distribution 0 Apollo Investment Fund VI Dartmouth Trustee and Apollo Management Officer 2016312 Capital Contribution 0 Apollo Investment Fund VI Dartmouth Trustee and Apollo Management Officer 2692700 Capital Distribution 0 Apollo Investment Fund VII Dartmouth Trustee and Apollo Management Officer 7581060 Capital Contribution 0 Apollo Investment Fund VII Dartmouth Trustee and Apollo Management Officer 3524409 Capital Distribution 0 Bain Capital Fund VII Dartmouth Trustee Spouse and Bain Capital Managing Director 798617 Capital Distribution 0 Bain Capital Fund VIII Dartmouth Trustee Spouse and Bain Capital Managing Director 2403113 Capital Distribution 0 Bain Capital Fund IX Dartmouth Trustee Spouse and Bain Capital Managing Director 1481028 Capital Distribution 0 Bain Capital Fund X Dartmouth Trustee Spouse and Bain Capital Managing Director 2128146 Capital Contribution 0 Bain Capital Fund X Dartmouth Trustee Spouse and Bain Capital Managing Director 140373 Capital Distribution 0 Bain Capital Asia Fund Dartmouth Trustee Spouse and Bain Capital Managing Director 294278 Capital Contribution 0 Bain Capital Asia Fund Dartmouth Trustee Spouse and Bain Capital Managing Director 306006 Capital Distribution 0 Bain Capital Europe Fund III Dartmouth Trustee Spouse and Bain Capital Managing Director 3856186 Capital Contribution 0 Bain Capital AM Holding Dartmouth Trustee Spouse and Bain Capital Managing Director 556830 Capital Contribution 0 Greylock IX LP Dartmouth Trustee and Greylock Executive Officer 760103 Capital Distribution 0 Greylock XI LP Dartmouth Trustee and Greylock Executive Officer 438458 Capital Distribution 0 Greylock XII LP Dartmouth Trustee and Greylock Executive Officer 1000000 Capital Contribution 0 Greylock XIII LP Dartmouth Trustee and Greylock Executive Officer 1000000 Capital Contribution 0 Sankaty Credit Opportunities Investors Dartmouth Trustee Spouse and Managing Director of parent company (Bain Cap) 2546671 Capital Contribution 0 Sankaty Credit Opportunities III Dartmouth Trustee Spouse and Managing Director of parent company (Bain Cap) 4810393 Capital Distribution 0 Prospect Harbors Credit Partners LP Dartmouth Trustee Spouse and Managing Director of parent company (Bain Cap) 7049951 Capital Distribution 0 HWA 555 Owners LLC Dartmouth Trustee and Chairman of HWA 555 Owners, LLC 101579 Rent payments 0 Kathy Green Spouse of Key Employee 62282 Calendar 2010 compensation as an employee 0 David Peart Spouse of Officer 174430 Calendar 2010 compensation as an employee 0 Linda Snyder Spouse of Officer 274890 Calendar 2010 compensation as an employee 0 Steven Kadish Spouse of Key Employee 385995 Calendar 2010 compensation as an employee 0 Mary Donin Spouse of Key Employee 43596 Calendar 2010 compensation as an employee 0 Richard Folt Brother of Officer 69985 Calendar 2010 compensation as an Employee 0 In calendar 2010 Dr. Younsook Lim, an employee of Dartmouth Hitchcock Clinic (DHC) provided services to the Dartmouth Institute for Health Policy and Clinical Practice, a department of Dartmouth College. Dartmouth College reimbursed DHC $81,253 for Dr. Lim's services. Dr. Lim is the spouse of a Dartmouth Officer. X 34 40 $1 per allocation X 2 $1 per allocation X 1 $1 per allocation X 680 21404514 market value X 4 669250 market value X 2 261286 market value X 1 48635 market value X 2 3 $1 per allocation X 10 10 $1 per allocation X 2 $1 per allocation X 1 1 $1 per allocation X Self-created items 4 4 $1 per allocation X Horses and Equestrian Equipment 3 4 $1 per allocation X Specialized Equipment or Instruments 14 14 $1 per allocation X Miscellaneous 6 7 $1 per allocation 0 1 1 Third Party Use: Part I, Line 32b: Dartmouth occasionally uses third parties, including auction houses, to sell specialized items such as jewelry and art. Non Reporting of Revenue: Part I, Line 33: Gifts in Kind other than Securites are valued at $1 each for purposes of posting revenue to the general ledger. Form 990, Part VI, Section A, line 2 Steven Kadish, Executive Vice President, and Linda Snyder, Vice President Campus Planning and Facilities, have a family relationship. Form 990, Part VI, Section A, line 2 Gregg Engles, Dartmouth Trustee and Trevor Rees-Jones, Dartmouth Trustee have a business relationship. Form 990, Part VI, Section A, line 2 Leon Black, Dartmouth Trustee and James Coutler, Dartmouth Trustee have a business relationship. Form 990, Part VI, Section B, line 11 The 990 review process is as follows: A draft of the completed Form 990 is sent to the Audit Committee and a draft of the sections concerning compensation is sent to the Compensation Committee. The Compensation Committee may contact management or the Audit Committee with any questions or concerns on the compensation sections. The Audit Committee then meets with senior management personnel to review the process by which the Form 990 was prepared, discuss any items of significance, and resolve any questions. The Audit Committee then votes to accept the Form 990 based on management's representations. Prior to the return being filed, a draft of the complete Form 990 is provided to the full board. At the next meeting of the Board of Trustees, the Audit Committee reports to the full Board on the results of its review. Form 990, Part VI, Section B, line 12c Compliance with Dartmouth's institution-wide Conflict of Interest policy (www.dartmouth.edu/~osp/docs/COIpolicy.pdf) is required by College policy. Compliance is enforced and monitored by the Office of the General Counsel, which reviews information concerning potential conflicts solicited from approximately 350 trustees, faculty, and staff members each year. Compliance with the requirements of the Policy concerning researchers engaged in externally sponsored research is enforced and monitored by the Office of the Provost, and particularly by the Office of Sponsored Projects and the Conflict of Interest Committee of the Council on Sponsored Activities which, in accordance with federal regulations, solicit information from researchers concerning financial interests that may affect or be affected by proposed research. In addition, the Office of the General Counsel and the Investment Office enforce and monitor compliance with the Policy on Pecuniary Benefit Transactions and Related Party Investments. Form 990, Part VI, Section B, line 15 The process for determining the compensation of Dartmouth's President and other officers and key employees is as follows: (1) Comparability data are gathered by the Vice President of Human Resources from a compensation survey conducted by a nationally-known compensation consulting firm. (2)Recommendations for compensation adjustments for officers and key employees are prepared by the President, using comparability data and a review of the employee's performance. (3) The President's recommendations are presented for approval to the Compensation Committee of the Board, together with the comparability data. (4) Comparability data for the President's compensation is also presented to the Compensation Committee by the Vice President of Human Resources. The Compensation Committee approves the President's salary. Form 990, Part VI, Section C, line 19 Dartmouth makes its governing document (The Charter of Dartmouth College), conflict of interest policies and financial statements available to the public by posting these documents on its website. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 418,511,172. Net Unrealized change in value of non-investment items 65,941,987. Net change in split-interest agreement 8,241,891. Total to Form 990, Part XI, Line 5: 492,695,050. Form 990, Part VI, Section B, Lines 13 and 14: Dartmouth has a written document retention and destruction policy and a written whistleblower policy. The questions are answered "no" since the policies were formally adopted by the Board of Trustees during fiscal 2012, after the period covered by this return. Form 990 Part IV, Line 28c, Business Transactions with Interested Persons: A special and rigorous conflict-of-interest policy applies to Dartmouth investments with firms in which related parties (e.g., Trustees or non-Trustee Investment Committee members) have a financial interest. Under the New Hampshire Pecuniary Benefit Law (Revised Statutes Annotated, Chapter 7:19-a) and Dartmouth's Policy on Pecuniary Benefit Transactions and Related Party Investments, such investments are strictly regulated. Before such an investment may be made, the Investment Office must submit to the Board of Trustees an analysis (1) documenting the past performance of funds managed by the firm in question; and (2) comparing the terms of the proposed investment with the terms of other recent similar investments not involving related parties. The analysis must also document that Dartmouth's investment would not comprise more than 10% of the fund and that other institutional investors have committed to participate in the same fund. Based on this information, the proposed investment is considered first by the Investment Committee of the Board of Trustees, then by the Audit Committee, then by the full Board. In each instance, any Trustee or non-Trustee Investment Committee member associated with the firm involved in the investment must be recused from the discussion and vote. The investment may not be made unless the Investment Committee and the Board each give their approval by a two-thirds vote. Approval by the Audit Committee is also required. Approval requires a finding that the proposed investment is fair and reasonable to Dartmouth and that it is no less favorable than the terms of similar recent investments made by Dartmouth not involving related parties. In accordance with State law, a notice of the proposed investment--identifying the related party, the investment firm, and the amount of the investment--is then filed with the State Attorney General's Office and published in the local daily newspaper. Dartmouth Educational Loan Corporation 7 Lebanon St Suite 302 Hanover NH 03755 020362923 Educational Loans NH 501(c)(3) Line 11a, I 0 Tuck Educational Loan Corporation 7 Lebanon St Suite 302 Hanover NH 03755 237181995 Educational Loans NH 501(c)(3) Line 11a, I 0 Swift Diamond Holdings #1 Inc 7 Lebanon St Suite 302 Hanover NH 03755 020489222 Real Estate Holding NH 501(c)(2) 0 Centerra Marketplace Inc 7 Lebanon St Suite 302 Hanover NH 03755 043369425 Real Estate Holding NH 501(c)(25) 0 Seven Lebanon Street Inc 7 Lebanon St Suite 302 Hanover NH 03755 020514301 Real Estate Holding NH 501(c)(25) 0 South Street Downtown Holdings Inc 7 Lebanon St Suite 302 Hanover NH 03755 020518373 Real Estate Holding NH 501(c)(25) 0 Foundation for Jewish Life at Dartmouth 7 Lebanon St Suite 302 Hanover NH 03755 020486238 Real Estate Holding NH 501(c)(2) 0 Hamden Assurance Risk Retention Group Inc 30 Main Street Suite 330 Burlington VT 05401 208530788 Insurance VT 501(c)(3) Line 11a, I 0 Dartmouth College Trust 7 Lebanon St Suite 302 Hanover NH 03755 Fundraising UK 0 The Dartmouth Educational Association 111 Huntington Avenue Boston MA 021997165 046045227 Supporting Organization MA 501(c)(3) Line 11c, III-FI 0 Dartmouth-Hitchcock Medical Center One Medical Center Drive Lebanon NH 037560001 222715483 Supporting Organization NH 501(c)(3) Line 11a, I 0 Northaven Capital Partners LP 375 Park Avenue 27th Floor New York NY 10152 205997852 Real Estate Investment NY Investment -32225 5970761 0 0 0.94040 RP Realty Partners Retail Entrepreneurial Fund III-B LP 9601 Wilshire Blvd Suite 260 Beverly Hills CA 90210 261340426 Real Estate Investment CA Investment -982636 4647029 0 179666 0 0.99989 Sarofim Multifamily Partners II LP 8115 Preston Rd Suite 400 Dallas TX 75225 208782507 Real Estate Investment TX Investment -1596064 10720469 0 -41232 0 0.50125 Charitable Remainder Trusts (87) 7 Lebanon Street Suite 302 Hanover NH 03755 999999999 Fund Raising/Development NH T 1.00000 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 1 Dartmouth Educational Loan Corporation D -176820 Cost Dartmouth Educational Loan Corporation Q 1278259 Cost Dartmouth Educational Loan Corporation P -187678 Cost Foundation for Jewish Life at Dartmouth K -56306 Cost Foundation for Jewish Life at Dartmouth B 80101 Cost Seven Lebanon Street Inc J 1397008 Cost Seven Lebanon Street Inc K -114229 Cost Swift Diamond Holdings #1 Inc R -3905524 Cost South Street Downtown Holdings Inc K -149443 Cost South Street Downtown Holdings Inc J 124988 Cost Northaven Capital Partners LP B 5975000 Cost Northaven Capital Partners LP R -164392 Cost RP Realty Partners Retail Entrepreneurial Fund III-B LP B 592524 Cost Sarofim Multifamily Partners II LP B 852317 Cost Charitable Remainder Trusts (6) R -1313109 Cost Dartmouth Trust B -86232 Cost Part IV, Charitable Remainder Trusts Dartmouth College controls a total of 87 Charitable Remainder Trusts, all domiciled in the State of New Hampshire.