2011-05-16T10:28:21-05:00 2010-06-30 PricewaterhouseCoopers LLP 677 BROADWAY ALBANY NY 12207 990 2009-07-01 141338587 Vassar College VASS 8454375890 124 Raymond Avenue Box 12 Poughkeepsie NY 12604 Donald Barton 2011-05-13 5184622030 2009 2016-02-24 21:20:13Z 578889253 false X www.vassar.edu THE PRIMARY MISSION OF VASSAR COLLEGE IS TO PROVIDE AN UNDERGRADUATE EDUCATION IN A COEDUCATIONAL, RESIDENTIAL EXPERIENCE. 34 33 2734 5000 -55671 -593387 46987986 26968188 123743551 128426949 -15672642 46685197 3332127 3865154 158391022 205945488 37314534 44051695 0 0 112692150 108110743 97370 91564 7934064 63648018 61009087 213752072 213263089 -55361050 -7317601 1104573952 1191958284 208516633 269464742 896057319 922493542 THE PRIMARY MISSION OF VASSAR COLLEGE IS TO PROVIDE AN UNDERGRADUATE EDUCATION IN A COEDUCATIONAL, RESIDENTIAL EXPERIENCE. false false 71554851 INSTRUCTION 18091400 ACADEMIC SUPPORT 16462640 STUDENT SERVICES 64087194 44051695 128426949 170196085 true true false true false true true false true true true false true true true false true true false false false false true true true false false false false false true false false true false true true false false true false false false false true 2336 0 true 2734 true true true true RS GM EI IT SP UK false false false false false false false 34 33 false false false false false false false true true false false true true true true true true true true false NH NJ WA X X DONALD BARTON CONTROLLER 8454375890 124 RAYMOND AVE BOX 12 POUGHKEEPSIE NY 12604 john p arnhold 3.0 X 0 0 0 lloyd j braun 2.0 X 0 0 0 mark burstein 2.0 X 0 0 0 james m citrin 4.0 X 0 0 0 sally dayton clement 4.0 X 0 0 0 margarita t camacho 2.0 X 0 0 0 lurita alexis doan 4.0 X 0 0 0 diane downing 2.0 X 0 0 0 brooke duncan III 2.0 X 0 0 0 Mary Lloyd Estrin 4.0 X 0 0 0 Linda Fairstein 2.0 X 0 0 0 brent h feigenbaum 2.0 X 0 0 0 Robert J Friedman 4.0 X 0 0 0 anthony J friscia 2.0 X 0 0 0 Sarah Barringer Gordon 4.0 X 0 0 0 Philip N Jefferson 2.0 X 0 0 0 Henry P Johnson 6.0 X 0 0 0 Margaret Venecek Johnson 4.0 X 0 0 0 Steven W Korn 4.0 X 0 0 0 Lisa Kudrow 2.0 X 0 0 0 Judith Axenzow Lewittes 2.0 X 0 0 0 Paula Williams Madison 4.0 X 0 0 0 Jean Bronson Mahoney 2.0 X 0 0 0 Alice Pack Melly 2.0 X 0 0 0 William A Plapinger 10.0 X 0 0 0 Meryl Streep 2.0 X 0 0 0 Lucy Sun 2.0 X 0 0 0 Steven A Tananbaum 2.0 X 0 0 0 BARBARA MANFREY VOGELSTEIN 8.0 X 0 0 0 NORA ANN WALLACE 4.0 X 0 0 0 JILL TROY WERNER 4.0 X 0 0 0 CHRISTIANNA WOOD 2.0 X 0 0 0 PAMELA MARS WRIGHT 2.0 X 0 0 0 Catharine Hill 40.0 X X 403996 0 92723 Catherine Baer 40.0 X 242872 0 35039 Donald Barton 40.0 X 121832 0 17531 Jonathan Chenette 40.0 X 221323 0 87692 Susan DeKrey 40.0 X 169472 0 43304 Elizabeth Eismeier 40.0 X 247006 0 38019 John Feroe 40.0 X 186509 0 26506 Bret Ingerman 40.0 X 177431 0 25874 Margaret Kitzinger 40.0 X 186888 0 30179 Christopher Roellke 40.0 X 156141 0 53502 john ahearn 40.0 X 176977 0 34941 James Merrell 40.0 X 164255 0 43816 paul ruud 40.0 X 163978 0 33996 James Steerman 40.0 X 165340 0 24226 Richard Wilson 40.0 X 175888 0 29583 frances fergusson 20.0 X 178100 0 28129 ronald sharp 40.0 X 189418 0 35395 3327426 0 680455 123 true true false KIRCHHOFF Consigli Construction 199 WEST ROAD PLEASANT VALLEY NY 12569 CONSTRUCTION 7797959 ARAMARK Services Inc 80 GLASTONBURY BLVD SUITE 3 MADISON CT 064432508 FOOD SERVICE MGMT 3580214 hayden building maintenance corp 169 western highway WEST NYACK NY 10944 CONSTRUCTION 1712811 aetos capital llc 875 third ave NEW YORK NY 10022 investment managemen 1647375 idema general contractors inc 91 college avenue POUGHKEEPSIE NY 12603 construction 1168210 50 2542372 24425816 9890028 26968188 TUITION AND FEES 611600 106088932 106088932 ROOM AND BOARD 721000 19753493 19753493 OTHER REVENUE 900099 2584524 2584524 128426949 12116318 31679 -330789 12415428 0 0 422375 424210 -1835 -1835 -1835 405326960 407229 371123934 41376 34203026 365853 34568879 34568879 0 0 1270129 1354245 -84116 -84116 SUMMER PROGRAMS 611600 12480 12480 MISCELLANEOUS INCOME 511120 3938625 3663507 275118 3951105 205945488 132048664 -55671 46984307 0 43449757 43449757 601938 601938 0 2484609 1098325 848971 537313 0 71416286 57133029 10712443 3570814 6823915 5629730 852989 341196 21904817 18071475 2738102 1095240 5481116 4384893 822167 274056 0 261037 261037 386851 386851 0 91564 91564 4626329 4626329 357313 290850 42879 23584 469852 301190 64813 103849 4606922 2764153 1704561 138208 1070074 986352 74571 9151 0 8002192 4961359 2960811 80022 1659584 1028942 182554 448088 0 386622 119721 265347 1554 6078551 4813077 1138927 126547 0 19092902 17139987 1757624 195291 603320 147667 375106 80547 PROFESSIONAL FEES-OTHER 397844 238706 19892 139246 JYA PROGRAM FEES 2853705 2853705 PROGRAM SUPPORT 397869 397869 FOOD SERVICES 3580214 3580214 OTHER 6177906 4181229 1716752 279925 213263089 170196085 35132940 7934064 32770027 5845266 82179407 27012709 19654161 436582 320693 15035 8939 3308673 3529944 733834 682346 5496706 6301583 578542668 226162769 346221923 352379899 375309834 401457700 312220339 318451963 1048290 1146383 1104573952 1191958284 18441681 20275614 3990857 3504188 123995000 172480000 62089095 73204940 208516633 269464742 X 596990565 616767358 66707583 63655766 232359171 242070418 896057319 922493542 1104573952 1191958284 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1 1 false false PART II-B LINE 1 (I) - LOBBYING - OTHER ACTIVITIES The college pays membership dues to several organizations which may engage in lobbying activities on behalf of their members. X 1 1.00 0 0 0 1 false 12.00 0 463196 44459959 X X X X X instruction false 658238992 10518749 72594309 10135275 31724305 699492470 848362846 13088706 -158781969 10397858 34032733 658238992 0.60774 0.33577 0.05649 true false 539843 1586030 2125873 2048823 368585786 121999635 248634974 2839957 786747 2053210 72303764 60093656 12210108 130638464 43282730 87355734 352379899 HEDGE FUNDS 172660359 F VENTURE CAPITAL 59230524 F PARTNERSHIPS 68163534 F INSTITUTIONAL MUTUAL FUNDS 13761529 F MARKETABLE REAL ESTATE 2971438 F BALANCED ACCOUNTS 1664579 F 318451963 0 REFUNDABLE GOV'T LOAN FUNDS 2802034 PRESENT VALUE OF BENEFIT PYMTS 13140039 DEPOSITS HELD FOR OTHERS 3475968 ACCRUED PENSION LIABILITY 11867272 ACCRUED POSTRETIREMENT BENEFIT 33799000 ASSET RETIREMENT OBLIGATION 8120627 73204940 205945488 213263089 -7317601 39826804 -6072980 33753824 26436223 190840181 39826804 -7015679 32811125 158029056 4521637 43394795 47916432 205945488 164403958 2357223 2357223 162046735 4521637 46694717 51216354 213263089 Schedule D, Part II, Line 9: The College's conservation easement has no attributed value and is not recorded in the financial statements. Schedule D, Part III, Line 4: The College's Frances Lehman Loeb Art Center maintains collections of paintings, sculptures, prints, photographs, and ceramics for use by faculty and students as a complement to the curriculum in a variety of instructional disciplines. Schedule D, Part V, Line 4: The College's endowment funds are maintained according to donor restrictions and earnings are used to support scholarships and a variety of programs including instruction, research and academic support. Schedule D, Part XI, Line 8: Post retirement benefits changes other than net periodic benefits costs $1,259,000 Reimbursements for expenses incurred on behalf of vendor-bookstore $(1,002,978) Rental Income, Net of Expenses $1,835 Post retirement benefits changes other than net periodic benefits costs $(6,635,000) Exempt Interest Separately Reported $31,679 Leasehold Housing Expensed $2,484 Total $(6,072,980) Schedule D, Part XII, Line 2D: ADJUSTMENT FOR MINIMUM PENSION LIABILITY $(2,040,922) COST OF GOODS SOLD $1,354,245 POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COSTS $(6,365,000) EXEMPT INTEREST SEPERATELY REPORTED $31,679 RENT INCOME, NET OF EXPENSES $1,875 Leasehold Housing Expensed $2,484 Total $(7,015,679) Schedule D, Part XII, Line 4B: scholarships $43,394,795 Schedule D, Part XIII, Line 2D: COST OF GOODS SOLD-COMPUTER STORE $(1,354,245) REIMBURSEMENTS FOR EXPENSES INCURRED ON BEHALF OF VENDOR-BOOKSTORE $(1,002,978) TOTAL $(2,357,223) Schedule D, part XIII, line 4B: ADJUSTMENT FOR MINIMUM PENSION LIABILITY $2,040,922 POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COSTS $1,259,000 SCHOLARSHIPS $43,394,795 TOTAL $46,694,717 true true true VASSAR COLLEGE PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY VIA BROCHURES MAILED TO ALL POTENTIAL STUDENTS true true true true false false false false false false false false true false The College receives and awards funds for grants to students via the U.S. Department of Education's Title IV program and also receives a variety of research grants annually from the National Science Foundation and other federal agencies. true true Europe (Including Iceland and Greenland) 5 5 Program Services Instruction 1829488 Russia and the Newly Independent States 1 1 Program Services instruction 156685 Central America and the Caribbean Investments Europe (Including Iceland and Greenland) Investments 6 6 1986173 scholarships Europe/Iceland/Greenland 36 543160 acct credit scholarships Russia 3 58778 acct credit Schedule F, Part I, Line 2: students who are awarded scholarships have funds credited to their account and use is restricted to purposes related to enrollment in a program of study. X X X X X X true John Brown Ltd Inc consulting false 91564 91564 NJ NY VA true scholarships 1431 42792857 fellowships 112 656900 Part I: Students who are awarded scholarships have funds credited to their account and the use is restricted to purposes related to enrollment in a program of study. Recipients of fellowships are required to submit periodic written reports of their activities to the College. X X X true true X X X X X X false true false false false false false false false Catharine Hill 387444 0 0 0 16552 0 34300 0 58423 0 496719 0 0 0 Catherine Baer 237691 0 0 0 5181 0 33493 0 1546 0 277911 0 0 0 Jonathan Chenette 201950 0 0 0 19373 0 29400 0 58292 0 309015 0 0 0 Susan DeKrey 168442 0 0 0 1030 0 25073 0 18231 0 212776 0 0 0 Elizabeth Eismeier 244918 0 0 0 2088 0 34300 0 3719 0 285025 0 0 0 John Feroe 180808 0 0 0 5701 0 25460 0 1046 0 213015 0 0 0 Bret Ingerman 176299 0 0 0 1132 0 24828 0 1046 0 203305 0 0 0 Margaret Kitzinger 185281 0 0 0 1607 0 26460 0 3719 0 217067 0 0 0 Christopher Roellke 154601 0 0 0 1540 0 24021 0 29481 0 209643 0 0 0 john ahearn 143910 0 0 0 33067 0 21964 0 12977 0 211918 0 0 0 James Merrell 163615 0 0 0 640 0 24257 0 19559 0 208071 0 0 0 paul ruud 159804 0 0 0 4174 0 23800 0 10196 0 197974 0 0 0 James Steerman 164524 0 0 0 816 0 23180 0 1046 0 189566 0 0 0 Richard Wilson 170218 0 0 0 5670 0 24537 0 5046 0 205471 0 0 0 frances fergusson 176119 0 0 0 1981 0 25083 0 3046 0 206229 0 0 0 ronald sharp 188276 0 0 0 1142 0 27468 0 7927 0 224813 0 0 0 1a. On-campus housing is provided for the President, Dean of the Faculty, and Dean of the college as a condition of employment and for the convenience of the college. The estimated value of this housing is included in Part II, Column D. 1a. Annual dues for clubs are paid by the College and provided to the President for the benefit of the College. Dues paid according to contract are treated as imputed income and are included in Part II, Column B iii. schedule J, Part I, Line 4B: The college maintains a closed, supplemental non-qualified retirement plan for certain officers and former officers. The plan has been closed since 2004. DOrmitory authority of the state of NY 146000293 649903kd2 2007-04-18 127431246 cap imp, REFUND series 1995 & 2001 false false dormitory auhtority of the state of NY 146000293 649905ys9 2010-04-29 50593000 CAPITAL IMPROVEMENTS false false 131353069 0 51091710 432344 974620 0 53605874 2010 true true false true 50720580 0 0 49845657 383422 0 491501 2013 false false false true false false true true true 0.02000 0.01000 0.03000 true false false false false true 0.00000 0.00000 0.00000 true false false false false false false false false false false true Judy Faye Jackson X 30000 8939 false true true 8939 john feroe officer 34716 employee family member false X 106 463196 Ind. Appraisal X 19524 nominal val. $1/item X 232 9397729 fair market value X 1 275456 ind. apraisal X china/silverware 6 9578 Ind. Appraisal 9 false true true 32a: Gifts of securities are received by registered brokers and sold on behalf of the College. Proceeds from sales are deposited into college bank accounts. Part VI, Section B, line 15: Vassar participates in a third party data collection process with 25 peer colleges. We submit data annually to a professional compensation analyst, who summarizes the data as a range with quartiles. The report is provided to the Personnel and Compensation Committee of the Board of Trustees. The Board determines raises for all senior officers and reports their findings through the President and the Vice President for Finance and Administration. Committee records are maintained by the Chair of the Personnel and Compensation Committee, with a copy to the secretary of the board of trustees for the permanent files of the board. Part VI, Section C, line 19: Vassar publishes its Governance in print and online, the conflict of interest policy is published online, and annual audited financial statements are available online and in print form by request. Part VI, Section A, line 11: the board of trustees delegates the responsibility for oversight of the preparation of form 990 to the Audit Committee which reviews the form 990 as a draft prior to the completion of the professional review by tax advisors. The final version is provided to all members of the Board of Trustees prior to submission. Part Vi, Section B, line 12: Vassar college issues conflict of interest questionaires to officers, directors, trustees and other members of the faculty and administration with significant budgetary responsibilities. Once the completed forms are submitted to the Secretary of the Board and reviewed by the Vice President of Finance and Administration, the President of the Board and the Chair of the Audit Committee, the College responds to any disclosures with appropriate action including requiring persons to recuse themselves of involvement with any parties for which the relationship would represent a true conflict of interest. Part III, Line 4D Other program services include research and auxiliary enterprise expenditures, scholarships to students enrolled in academic programs, and tuition, room and board revenue. SCHEDULE K, PART I, COLUMN F BOND ISSUES REFUNDED BY THE SERIES 2007 BONDS 1. DUTCHESS COUNTY IDA, CIVIC FACILITY REVENUE BONDS, SERIES 2001 (ISSUED 2/16/2001) 2. DASNY VASSAR COLLEGE REVENUE BONDS, SERIES 1995 (ISSUED 1/4/1996) College Properties LLC real estate NY 330997 2556714