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SAINT MARYS COLLEGE: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
SAINT MARYS COLLEGE (EIN 35-0868158)
Tax period
2009-06-01 to 2010-05-31
Filed
2011-09-08
IRS object ID
201132519349300323
Schema version
2009v1.3
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-09-08T12:00:07-05:00Timestamp
Tax Period End Date2010-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CROWE HORWATH LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line170 West Madison StreetAddressLine1
Address Line2Suite 700AddressLine2
CityChicagoCity
StateILState
ZIP Code606024903ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN350868158EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE CORPORATION OF SAINT MARY'S COLLEGE NOTRE DAMEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCORPNameControl
Phone5742844553Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1153 LEMANS HALLAddressLine1
CityNOTRE DAMECity
StateINState
ZIP Code46556ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRICHARD SPELLERName
TitleVP OF FINANCE AND ADMINISTRATIONTitle
Date Signed2011-04-08DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone3128997000Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonCAROL ANN MOONEYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1153 LEMANS HALLAddressLine1
CityNOTRE DAMECity
StateINState
ZIP Code46556ZIPCode
FieldValueIRS element (for citing)
Gross Receipts157182471GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Group Exemption Number0928GroupExemptionNumber
Organization501cXOrganization501c
Web SiteWWW3.SAINTMARYS.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1972YearFormation
State Legal DomicileINStateLegalDomicile
Activity Or Mission DescriptionTHE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME IS A CATHOLIC, RESIDENTIAL, WOMEN'S COLLEGE IN THE LIBERAL ARTS TRADITION WHERE WOMEN DEVELOP THEIR TALENTS AND PREPARE TO MAKE A DIFFERENCE IN THE WORLD.ActivityOrMissionDescription
Nbr Voting Members Governing Body36NbrVotingMembersGoverningBody
Nbr Independent Voting Members34NbrIndependentVotingMembers
Total Nbr Employees1792TotalNbrEmployees
Total Nbr Volunteers125TotalNbrVolunteers
Total Gross UBI167769TotalGrossUBI
Net Unrelated Business Txbl Income-253746NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year12127909ContributionsGrantsPriorYear
Contributions Grants Current Year11291013ContributionsGrantsCurrentYear
Program Service Revenue Prior Year57608814ProgramServiceRevenuePriorYear
Program Service Revenue CY62164200ProgramServiceRevenueCY
Investment Income Prior Year-18225142InvestmentIncomePriorYear
Investment Income Current Year7105285InvestmentIncomeCurrentYear
Other Revenue Prior Year1046963OtherRevenuePriorYear
Other Revenue Current Year1013677OtherRevenueCurrentYear
Total Revenue Prior Year52558544TotalRevenuePriorYear
Total Revenue Current Year81574175TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year17116988GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY19671044GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year31443317SalariesEtcPriorYear
Salaries Etc Current Year32313575SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year2480088TotalFundrsngExpCurrentYear
Other Expense Prior Year23643468OtherExpensePriorYear
Other Expenses Current Year23932500OtherExpensesCurrentYear
Total Expenses Prior Year72203773TotalExpensesPriorYear
Total Expenses Current Year75917119TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-19645229RevenuesLessExpensesPriorYear
Revenues Less Expenses CY5657056RevenuesLessExpensesCY
Total Assets BOY222707318TotalAssetsBOY
Total Assets EOY232402595TotalAssetsEOY
Total Liabilities BOY64363996TotalLiabilitiesBOY
Total Liabilities EOY62882027TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY158343322NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY169520568NetAssetsOrFundBalancesEOY
Mission DescriptionTHE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME (SAINT MARY'S) IS A CATHOLIC, RESIDENTIAL, WOMEN'S COLLEGE IN THE LIBERAL ARTS TRADITION. (CONTINUED IN SCHEDULE O)MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense65748295Expense
Grants19671044Grants
Revenue61959222Revenue
DescriptionAS A CENTER OF HIGHER EDUCATION, THE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME (SAINT MARY'S) FOSTERS AN ACADEMIC CLIMATE OF SCHOLARSHIP AND LEARNING FOR FACULTY AND STUDENTS ALIKE. THROUGH EXCELLENCE IN TEACHING AND THE EXAMPLE OF ITS OWN ACTIVE SCHOLARSHIP, THE FACULTY CHALLENGES STUDENTS TO EXPAND THEIR HORIZONS AND SUPPORTS THEM IN THEIR INTELLECTUAL PURSUITS. A BROAD-BASED COURSE OF STUDY INVITES STUDENTS TO THINK CRITICALLY AND CREATIVELY ABOUT THE NATURAL WORLD AND HUMAN CULTURE. ACKNOWLEDGING THE NEED TO PREPARE WOMEN FOR AN ARRAY OF CAREERS, SAINT MARY'S INSISTS ON A LIBERAL ARTS FOUNDATION FOR ALL ITS STUDENTS. THROUGH THEIR YEARS AT SAINT MARY'S, STUDENTS ACQUIRE DEPTH AND BREADTH OF KNOWLEDGE, COMPETENCE IN QUANTITATIVE SKILLS AND MODERN LANGUAGES, THE ABILITY TO THINK CLEARLY ABOUT COMPLEX PROBLEMS, AND THE CAPACITY TO COMMUNICATE WITH PRECISION AND STYLE. (CONTINUED IN SCHEDULE O)Description
Total Program Service Expense65748295TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArttrueCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Balance Sheet Amounts ReportedtrueBalanceSheetAmountsReported
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficetrueForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArttrueDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10962320NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees1792NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryCANameOfForeignCountry
Name Of Foreign CountryCJNameOfForeignCountry
Name Of Foreign CountryEINameOfForeignCountry
Name Of Foreign CountryITNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Nbr Voting Governing Body Members36NbrVotingGoverningBodyMembers
Number Independent Voting Members34NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocstrueChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledAZStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledDCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledINStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMIStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledRIStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJAMES H HERSCHELNamePerson
Telephone Number5742844553TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1153 LEMANS HALLAddressLine1
CityNOTRE DAMECity
StateINState
ZIP Code46556ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (46 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployeeFormerFormer
SUSAN FITZGERALD RICE
VICE CHAIR2XX000
BEVERLY TROXLER O'GRADY
SECRETARY2XX000
JOHN J O'CONNOR
CHAIR2XX000
CAROL ANN MOONEY
PRESIDENT50XX359015034779
M SUZANNE SCHERER CALANDRA
TREASURER2XX000
WILLIAM J SCHMUHL JR
TRUSTEE EMERITI2X000
JOYCE MCMAHON HANK
TRUSTEE EMERITAE2X000
SISTER RACHEL CALLAHAN CSC
TRUSTEE EMERITAE2X000
JOHN B VEIHMEYER
TRUSTEE2X000
JOANNE R SNOW
TRUSTEE/PROFESSOR2X72627018162
SISTER AGNES ANNE ROBERTS CSC
TRUSTEE2X000
SISTER KATHLEEN REILLY CSC
TRUSTEE2X000
JOANN MCDERMOTT REED
TRUSTEE2X000
JENNIFER MATHILE PRIKKEL
TRUSTEE2X000
CARMEN MURPHY
TRUSTEE2X000
REV KENNETH M MOLINARO CSC
TRUSTEE2X000
JOHN A MARTELL
TRUSTEE2X000
REV EDWARD A MALLOY CSC
TRUSTEE2X000
ELIZABETH BERMINGHAM LACY
TRUSTEE2X000
RAYMOND L KRATZER
TRUSTEE2X000
SISTER CATHERINE KAMPHAUS CSC
TRUSTEE2X000
THOMAS JOYCE
TRUSTEE2X000
ROSE MARIE LOPEZ JONES
TRUSTEE2X000
HOLLYE HARRINGTON JACOBS
TRUSTEE2X000
KRISTLE D HODGES
STUDENT TRUSTEE2X000
SISTER MAUREEN GRADY CSC
TRUSTEE2X000
KAREN SCHULTZ GOODYEAR
TRUSTEE2X000
SISTER MICHELLE GERMANSON OP
TRUSTEE2X000
SISTER MARY LOUISE FULL CSC
TRUSTEE2X000
SARAH BELANGER EARLEY
TRUSTEE2X000
PAULA M DAWNING
TRUSTEE2X000
ELIZABETH R CULLIGAN
TRUSTEE2X000
VINCENT C CAPONI
TRUSTEE2X000
MARY L BURKE
TRUSTEE2X000
SISTER JUDITH ANNE BEATTIE CSC
TRUSTEE2X000
SISTER ALMA MARY ANDERSON CSC
TRUSTEE2X000
SISTER MARY LOUISE GUDE CSC
VP FOR MISSION50X000
KAREN A JOHNSON
VP FOR STUDENT AFFAIRS50X99767014025
DANIEL L MEYER
VP FOR ENROLLMENT MANAGEMENT50X126849022211
RICHARD SPELLER
VP OF FINANCE AND ADMINISTRATION, CURRENT50X73393012146
SHARON M RODRIGUEZ
VP FOR COLLEGE RELATIONS50X136846019267
PATRICIA A FLEMING
SENIOR VP AND DEAN OF FACULTY50X172703025191
WILLIAM HAMBLING
DIRECTOR OF FACILITIES50100555016363X
JANICE THOMASSON
CHIEF INFORMATION OFFICER50105556020556X
BRUCE FINK
DIRECTOR OF INVESTMENTS50191778014176X
LAURIE STICKELMAIER
VP OF FINANCE AND ADMINISTRATION, FORMER04073904988X
FieldValueIRS element (for citing)
Total Reportable Comp From Org1479828TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation201864TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers ListedtrueFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
SODEXO
90 SOUTH HIGH STREETDUBLINOH43017FOOD SERVICE2580849
ZIOLKOWSKI CONSTRUCTION INC
1005 S LAFAYETTE STREETSOUTH BENDIN46601CONSTRUCTION1169894
COMMUNICATION COMPANY OF SOUTH BEND
5320 SOUTH MAIN STREETSOUTH BENDIN46614CONSTRUCTION319792
KRC ROOFING AND SHEET METAL INC
3702 WEST SAMPLE STREETSOUTH BENDIN466192947CONSTRUCTION235460
DYNAMIC MECHANICAL SERVICES INC
1606 CHESTNUT STREETMISHAWAKAIN46545CONSTRUCTION235379
FieldValueIRS element (for citing)
Number Of Contractors GT100 K12NumberOfContractorsGT100K
Federated Campaigns0FederatedCampaigns
Membership Dues0MembershipDues
Fundraising Events0FundraisingEvents
Related Organizations0RelatedOrganizations
Government Grants805545GovernmentGrants
All Other Contributions10485468AllOtherContributions
Noncash Contributions5109634NoncashContributions
Total Contributions11291013TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmountBusiness CodeBusinessCode
STUDENT TUITION AND FEES48467121484671210$0
ROOM AND BOARD12799694127996940$0
SUMMER CAMPS/EVENTS/ATHLETICS897385692407204978$0721000
000$0
000$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount
FieldValueIRS element (for citing)
Total Program Service Revenue62164200TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2362740TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue-37209UnrelatedBusinessRevenue
Exclusion$2,399,949ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column1721TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,721ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities78993044Securities
Other9674Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities74253442Securities
Other6731Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities4739602Securities
Other2943Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column4742545TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$4,742,545ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events0GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events0CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses0FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Gaming0GrossIncomeGaming
Gaming Direct Expenses0GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount
FieldValueIRS element (for citing)
Gross Sales Of Inventory1760022GrossSalesOfInventory
Cost Of Goods Sold1348123CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column411899TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$411,899ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmount
COPIERS/PRINTING/LOFTS/PARKING/OTHER FEES14707800$147,078
LAUNDRY/VENDING/OTHER FOOD SERVICES9891100$98,911
PERFORMING ARTS/CHOIR3991000$39,910

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column314158TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$314,158ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue600057TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column81574175TotalRevenueColumn
Related Or Exempt Function Income61959222RelatedOrExemptFunctionIncome
Unrelated Business Revenue167769UnrelatedBusinessRevenue
Exclusion$8,156,171ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total19376871Total
Program Services19376871ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total294173Total
Program Services294173ProgramServices

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1129818Total
Program Services438436ProgramServices
Management And General516298ManagementAndGeneral
Fundraising175084Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total23146419Total
Program Services19652806ProgramServices
Management And General2343837ManagementAndGeneral
Fundraising1149776Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total2236530Total
Program Services1558991ProgramServices
Management And General576680ManagementAndGeneral
Fundraising100859Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total4082677Total
Program Services3355102ProgramServices
Management And General498893ManagementAndGeneral
Fundraising228682Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total1718131Total
Program Services1448557ProgramServices
Management And General179505ManagementAndGeneral
Fundraising90069Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total32694Total
Program Services24316ProgramServices
Management And General8378ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total34050Total
Program Services0ProgramServices
Management And General26550ManagementAndGeneral
Fundraising7500Fundraising

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total
Fundraising0Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total551165Total
Program Services0ProgramServices
Management And General551165ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total6157513Total
Program Services5071515ProgramServices
Management And General699521ManagementAndGeneral
Fundraising386477Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total190702Total
Program Services118146ProgramServices
Management And General57685ManagementAndGeneral
Fundraising14871Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2351653Total
Program Services1655567ProgramServices
Management And General525227ManagementAndGeneral
Fundraising170859Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total2701789Total
Program Services2478402ProgramServices
Management And General206802ManagementAndGeneral
Fundraising16585Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total802034Total
Program Services645568ProgramServices
Management And General69264ManagementAndGeneral
Fundraising87202Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total171534Total
Program Services167726ProgramServices
Management And General2915ManagementAndGeneral
Fundraising893Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total2067362Total
Program Services2000563ProgramServices
Management And General64102ManagementAndGeneral
Fundraising2697Fundraising

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total5048938Total
Program Services4651082ProgramServices
Management And General386244ManagementAndGeneral
Fundraising11612Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total431180Total
Program Services3189ProgramServices
Management And General418081ManagementAndGeneral
Fundraising9910Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
FOREIGN PROGRAMS2451436244921102225
FACULTY DEVELOPMENT201839699771296582204
MEMBERSHIPS AND DUES174059788157287522369
MISCELLANEOUS564552209282355056214
0000

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total75917119Total
Program Services65748295ProgramServices
Management And General7688736ManagementAndGeneral
Fundraising2480088Fundraising

Total Joint Costs TotalJointCosts

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY10971BOY
EOY11078EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY9180739BOY
EOY9933602EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY6959836BOY
EOY5956326EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1173561BOY
EOY1674580EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY2039571BOY
EOY1668877EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY734830BOY
EOY845242EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY670674BOY
EOY516646EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis153116677LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec63131479LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY91290941BOY
EOY89985198EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY75836520BOY
EOY87938267EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY33212152BOY
EOY32415958EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1597523BOY
EOY1456821EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY222707318BOY
EOY232402595EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY11188574BOY
EOY11480648EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY237774BOY
EOY262339EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY1929642BOY
EOY2017352EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY47069595BOY
EOY45438450EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY1498600BOY
EOY1360061EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY2439811BOY
EOY2323177EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY64363996BOY
EOY62882027EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY97992445BOY
EOY101759174EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY19013174BOY
EOY22656439EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY41337703BOY
EOY45104955EOY

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY158343322BOY
EOY169520568EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY222707318BOY
EOY232402595EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii
Total Number Of Supported Orgs0TotalNumberOfSupportedOrgs

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Revenues Included27500RevenuesIncluded
Assets In Part X215190AssetsInPartX
FieldValueIRS element (for citing)
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Collect Used For PreservationXCollectUsedForPreservation
Solicited Assets For SalefalseSolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance108381484BeginningOfYearBalance
Contributions4475696Contributions
Investment Earnings Or Losses10882760InvestmentEarningsOrLosses
Grants Or Scholarships0GrantsOrScholarships
Other Expenditures6174578OtherExpenditures
Administrative Expenses0AdministrativeExpenses
End Of Year Balance117565362EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance140117922BeginningOfYearBalance
Contributions8758639Contributions
Investment Earnings Or Losses-34479835InvestmentEarningsOrLosses
Other Expenditures6015242OtherExpenditures
End Of Year Balance108381484EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.4844BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.3693PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.1463TermEndowmentEOYBalance
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis2788760OtherCostOrOtherBasis
Book Value2788760BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis114641148OtherCostOrOtherBasis
Depreciation36139376Depreciation
Book Value78501772BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis3411300OtherCostOrOtherBasis
Depreciation2302645Depreciation
Book Value1108655BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis32060279OtherCostOrOtherBasis
Depreciation24689458Depreciation
Book Value7370821BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis215190OtherCostOrOtherBasis
Depreciation0Depreciation
Book Value215190BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings89985198TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

FieldValueIRS element (for citing)
Book Value0BookValue

Closely Held Equity Interests CloselyHeldEquityInterests

FieldValueIRS element (for citing)
Book Value0BookValue

Other Securities OtherSecurities (4 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
BENEFICIAL INTEREST IN PERPETUAL TRUSTS1154243F
BENEFICIAL INTEREST IN COMMUNITY FOUNDATION289836F
ALTERNATIVE INVESTMENTS - HEDGE FUNDS AND FUND OF FUNDS13241765F
ALTERNATIVE INVESTMENTS - PRIVATE CAPITAL AND REAL ESTATE17730114F
FieldValueIRS element (for citing)
Total Of Book Value Securities32415958TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
CAPITAL LEASE OBLIGATIONS$108,058
ASSET RETIREMENT OBLIGATIONS$454,423
ADVANCES FOR FEDERAL STUDENT LOANS$1,760,696
FieldValueIRS element (for citing)
Total Of Amounts2323177TotalOfAmounts
Total Revenue81574175TotalRevenue
Total Expenses75917119TotalExpenses
Excess Or Deficit For Year5657056ExcessOrDeficitForYear
Net Unrealized GL On Investments5880949NetUnrealizedGLOnInvestments
Donated Services And Facilities0DonatedServicesAndFacilities
Investment Expenses0InvestmentExpenses
Prior Period Adjustments0PriorPeriodAdjustments
Other-$360,759OtherAmount
Total Adjustments5520190TotalAdjustments
Excess Or Deficit Per FS11177246ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt68771444TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments5880949NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities0DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants0RecoveriesOfPriorYearGrants
Other Revenues-20031803OtherRevenues
Revenue Not Rptd F990-14150854RevenueNotRptdF990
Revenue Subtotal82922298RevenueSubtotal
Investment Expenses Not Included0InvestmentExpensesNotIncluded
Other Revenues Not Included-1348123OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-1348123RevenueNotRptdOnFinStmt
Total Revenue Per Form99081574175TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt57594198TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities0DonatedServicesUseOfFacilities
Prior Year Adjustments0PriorYearAdjustments
Losses Reported0LossesReported
Other Expenses Included1348123OtherExpensesIncluded
Expenses Not Rptd F9901348123ExpensesNotRptdF990
Expenses Subtotal56246075ExpensesSubtotal
Investment Expenses Not Included20InvestmentExpensesNotIncluded2
Other Expenses Not Included19671044OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt19671044ExpensesNotRptdOnFinStmt
Total Expenses Per Form99075917119TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Collections of art - description of collectionsSchedule D, Part III, Line 4THE ORGANIZATION'S COLLECTIONS OF ART CONSIST PRIMARILY OF DONATED WORKS OF ART THAT ARE ON DISPLAY IN PUBLIC SPACES. THESE WORKS OF ART ARE INTENDED TO PROVIDE A WELCOMING ENVIRONMENT FOR STUDENTS, FACULTY, AND VISITORS, WHICH IS IN LINE WITH THE ORGANIZATION'S MISSION.
Intended uses of endowment fundsSchedule D, Part V, Line 4THE PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE FUNDS TO UNDERWRITE THE EDUCATIONAL NEEDS OF CURRENT AND FUTURE GENERATIONS OF STUDENTS WHILE ENHANCING THE WELL BEING OF THE COLLEGE. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE COLLEGE COMBINES THE GOAL OF TOTAL RETURN AND PRESERVATION OF CAPITAL WITH PRUDENT RISK TOLERANCE IN ORDER TO ALLOW INVESTMENT MANAGERS THE OPPORTUNITY TO ACHIEVE INVESTMENT RESULTS CONSISTENT WITH THE FINANCIAL OBJECTIVES OF THE ENDOWMENT FUND AND IN A MANNER CONSISTENT WITH THE CATHOLIC VALUES OF THE COLLEGE. THE COLLEGE TARGETS DIVERSIFIED ASSET ALLOCATION IN ORDER TO MANAGE DOWNSIDE VOLATILITY AND RISK WHILE ACHIEVING THE ENDOWMENT'S RETURN OBJECTIVES.
FIN 48 footnoteSchedule D, Part X, Line 2THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS A TAX-EXEMPT, NOT-FOR-PROFIT ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). AS SUCH, THE COLLEGE IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES EXCEPT FOR CERTAIN INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AS DEFINED BY THE IRC. ANY SUCH TAXES RESULTING FROM UNRELATED BUSINESS ACTIVITIES ARE INSIGNIFICANT TO THE OPERATIONS OF THE COLLEGE. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT MAY 31, 2010 AND 2009. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2006 AND FOR ALL STATE INCOME TAXES THROUGH 2006. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COLLEGE HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF MAY 31, 2010 AND 2009.
Other changes in net assetsSchedule D, Part XI, Line 8POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST - -360759; OTHER - 0; TOTAL - -360759
Other revenues in audited financial statements not in form 990Schedule D, Part XII, Line 2dSCHOLARSHIPS AND REMISSIONS - -19671044; POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST - -360759; OTHER - 0; TOTAL - -20031803
Other revenues in form 990 not in audited financial statementsSchedule D, Part XII, Line 4bCOST OF GOODS SOLD - -1348123; OTHER - 0; TOTAL - -1348123
Other expenses in audited financial statements not in form 990Schedule D, Part XIII, Line 2dCOST OF GOODS SOLD - 1348123; OTHER - 0; TOTAL - 1348123
Other expenses in form 990 not in audited financial statementsSchedule D, Part XIII, Line 4bSCHOLARSHIPS AND REMISSIONS - 19671044; OTHER - 0; TOTAL - 19671044

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Pub Via Broadcast Media ExplnTHE POLICY IS CLEARLY OUTLINED IN THE COLLEGE'S STATEMENT OF PHILOSOPHY AND PURPOSE. THIS STATEMENT IS INCLUDED IN THE COLLEGE'S BULLETIN AND NUMEROUS OTHER PUBLICATIONS MADE AVAILABLE TO STUDENTS.PubViaBroadcastMediaExpln
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedtrueGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
EUROPE (INCLUDING ICELAND AND GREENLAND)118PROGRAM SERVICESINTERNATIONAL STUDY ABROAD PROGRAMS3008432
CENTRAL AMERICA AND THE CARIBBEANPASSIVE INVESTMENTS
FieldValueIRS element (for citing)
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees18TotalNumberOfEmployees
Total Amount Spent3008432TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursementAmount Of Non Cash AssistanceAmountOfNonCashAssistanceDescription Of Non Cash AssistanceDescriptionOfNonCashAssistanceMethod Of ValuationMethodOfValuation
MERIT-BASED SCHOLARSHIPSEAST ASIA AND THE PACIFIC244504CREDIT STUDENT ACCOUNT0N/AN/A
MERIT-BASED SCHOLARSHIPSMIDDLE EAST AND NORTH AFRICA255183CREDIT STUDENT ACCOUNT0N/AN/A
NEED-BASED SCHOLARSHIPSEAST ASIA AND THE PACIFIC5194486CREDIT STUDENT ACCOUNT0N/AN/A

Form990 Schedule F Part IV Form990ScheduleFPartIV

FieldValueIRS element (for citing)
IdentifierProcedures for monitoring use of grant fundsIdentifier
Return ReferenceSchedule F, Part I, Line 2ReturnReference
ExplanationA LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE INSTITUTION, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. SAINT MARY'S COLLEGE IS COMMITTED TO MAKING IT POSSIBLE FOR QUALIFIED STUDENTS TO ENROLL AT THE COLLEGE REGARDLESS OF FINANCIAL CIRCUMSTANCES. AS PART OF THIS COMMITMENT, SAINT MARY'S COLLEGE OFFERS VARIOUS LEVELS OF ACADEMIC SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS AND INSTITUTIONAL GRANTS. ACADEMIC SCHOLARSHIP RECIPIENTS ARE SELECTED AT THE TIME OF ADMISSION, ON THE BASIS OF THEIR ACADEMIC ACHIEVEMENTS IN HIGH SCHOOL. NEED-BASED SCHOLARSHIPS ARE NAMED FOR A SPECIFIC DONOR OR GROUP, AND ARE AWARDED AS PART OF NEED-BASED INSTITUTIONAL GRANT ASSISTANCE, IN ACCORDANCE WITH THE SPECIFIC REQUIREMENTS OF THE SCHOLARSHIP DONOR. INSTITUTIONAL GRANTS ARE AWARDED PRIMARILY ON FINANCIAL NEED AS THE COLLEGE IS COMMITTED TO MAKING A SAINT MARY'S EDUCATION A POSSIBILITY FOR STUDENTS WHO DEMONSTRATE FINANCIAL NEED; EACH STUDENT WHO APPLIES FOR FINANCIAL AID RECEIVES CONSIDERATION FOR GRANT ASSISTANCE. ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED OR OTHER SIMILAR STANDARDS. CRITERIA FOR ALL SCHOLARSHIPS IS PUBLISHED AND MADE AVAILABLE TO ALL STUDENTS AND THEIR FAMILIES. GRANT FUNDS/SCHOLARSHIPS ARE CREDITED DIRECTLY TO A STUDENT'S ACCOUNT TO ENSURE THEY ARE USED APPROPRIATELY AND FOR THEIR INTENDED PURPOSE.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistance
MERIT-BASED SCHOLARSHIPS1185106823960N/AN/A
NEED-BASED SCHOLARSHIPS78066811260N/AN/A
DONOR RESTRICTED SCHOLARSHIPS55923075220N/AN/A

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedures for monitoring use of grant fundsIdentifier
Return ReferenceSchedule I, Part I, Line 2ReturnReference
ExplanationA LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE INSTITUTION, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. SAINT MARY'S COLLEGE IS COMMITTED TO MAKING IT POSSIBLE FOR QUALIFIED STUDENTS TO ENROLL AT THE COLLEGE REGARDLESS OF FINANCIAL CIRCUMSTANCES. AS PART OF THIS COMMITMENT, SAINT MARY'S COLLEGE OFFERS VARIOUS LEVELS OF ACADEMIC SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS AND INSTITUTIONAL GRANTS. ACADEMIC SCHOLARSHIP RECIPIENTS ARE SELECTED AT THE TIME OF ADMISSION, ON THE BASIS OF THEIR ACADEMIC ACHIEVEMENTS IN HIGH SCHOOL. NEED-BASED SCHOLARSHIPS ARE NAMED FOR A SPECIFIC DONOR OR GROUP, AND ARE AWARDED AS PART OF NEED-BASED INSTITUTIONAL GRANT ASSISTANCE, IN ACCORDANCE WITH THE SPECIFIC REQUIREMENTS OF THE SCHOLARSHIP DONOR. INSTITUTIONAL GRANTS ARE AWARDED PRIMARILY ON FINANCIAL NEED AS THE COLLEGE IS COMMITTED TO MAKING A SAINT MARY'S EDUCATION A POSSIBILITY FOR STUDENTS WHO DEMONSTRATE FINANCIAL NEED; EACH STUDENT WHO APPLIES FOR FINANCIAL AID RECEIVES CONSIDERATION FOR GRANT ASSISTANCE. ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED OR OTHER SIMILAR STANDARDS. CRITERIA FOR ALL SCHOLARSHIPS IS PUBLISHED AND MADE AVAILABLE TO ALL STUDENTS AND THEIR FAMILIES. GRANT FUNDS/SCHOLARSHIPS ARE CREDITED DIRECTLY TO A STUDENT'S ACCOUNT TO ENSURE THEY ARE USED APPROPRIATELY AND FOR THEIR INTENDED PURPOSE.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsXTravelForCompanions
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
BRUCE FINK
1617780300000005184089920205954000
LAURIE STICKELMAIER
332390750000042890699045727000
SHARON M RODRIGUEZ
1368460000015387038800156113000
PATRICIA A FLEMING
15642801627500016199089920197894000
CAROL ANN MOONEY
249429095977013609025787089920393794000

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Travel for companionsSchedule J, Part I, Line 1aTRAVEL EXPENSES FOR A SPOUSE ARE REIMBURSABLE IF IT CAN BE SHOWN THAT THE PERSON'S PRESENCE WAS DIRECTLY RELATED TO THE EFFECTIVE ACCOMPLISHMENT OF COLLEGE BUSINESS. THE PRESIDENT IS OFTEN REQUIRED TO HAVE EXTENSIVE AND UNIQUE CONTACT WITH KEY CONSTITUENCIES ON BEHALF OF THE COLLEGE. WHEN PERFORMING OFFICIAL DUTIES IN SUCH AREAS AS DEVELOPMENT, ALUMNI, COLLEGE RELATIONS, AND PROFESSIONAL ORGANIZATIONS (AND BECAUSE SPOUSES MAKE AN IMPORTANT CONTRIBUTION TO THE SUCCESS OF THESE EVENTS), THE COLLEGE WILL PAY THE SPOUSE'S TRAVEL EXPENSES IF BOTH THE FOLLOWING CONDITIONS ARE MET: (1) THE SPOUSE ATTENDS AND CONTRIBUTES TO THE OFFICIAL FUNCTION. THIS INCLUDES EVENTS WHEN THE SPOUSES OF THE COLLEGE'S GUESTS ARE EXPECTED TO BE PRESENT. (2) THE PURPOSE OF THE TRAVEL AND THE EXPENSES INCURRED ARE FULLY DOCUMENTED AND THE ACTIVITIES OF THE SPOUSE RELATING TO COLLEGE BUSINESS ARE OUTLINED. SINCE THE TRAVEL EXPENSES PAID ON BEHALF OF THE PRESIDENT'S SPOUSE MET THE TWO CONDITIONS STATED ABOVE AND WERE FOR BUSINESS PURPOSES, THE AMOUNT IS NOT INCLUDED IN THE PRESIDENT'S TAXABLE COMPENSATION.
Housing allowance or residence for personal useSchedule J, Part I, Line 1aTHE PRESIDENT OF THE COLLEGE IS PROVIDED A HOUSING ALLOWANCE. THIS IS REPORTED ON HER W-2 AS TAXABLE COMPENSATION.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuer
ST JOSEPH COUNTY INDIANA
356000194790608DM22007-03-2937243692ACQUISITION, CONSTRUCTION, FURNISHING AND IMPROVING FACILITIES AND REFUND PRIOR BOND ISSUESfalsefalse
ST JOSEPH COUNTY INDIANA
3560001942005-03-294000000ACQUISITION, CONSTRUCTION, EXPANSION, RENOVATION AND EQUIPPING OF COLLEGE FACILITIESfalsefalse

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundAmount DefeasedAmountDefeasedAmount UnspentAmountUnspentIssuance Costs From ProceedsIssuanceCostsFromProceedsWorking Capital ExpendituresWorkingCapitalExpendituresCapital ExpendituresCapitalExpendituresYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
374077420141132010752766040038662009truetruetruetrue
400000000040000013688292005truefalsetruetrue

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsefalsetruefalsetrue0.0000.0000.000true
falsefalsetruefalsetrue0.0000.0000.000true

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsTerm Of HedgeTermOfHedgeGross Proceeds Invested In GICGrossProceedsInvestedInGICBusiness Name Line1NameOfGICProvider/BusinessNameLine1Term Of GICTermOfGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
NA
falsefalsefalse0.0falseNA0.0falsetrue
NA
falsefalsefalse0.0falseNA0.0falsetrue

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions5NumberOfContributions
Noncash Contribs Rptd F99027500NoncashContribsRptdF990
Method Of Determining RevenuesOPINIONS OF EXPERTSMethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions50NumberOfContributions
Noncash Contribs Rptd F9904518665NoncashContribsRptdF990
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenues

Real Estate Other RealEstateOther

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990550000NoncashContribsRptdF990
Method Of Determining RevenuesOPINIONS OF EXPERTSMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionVARIOUS EQUIPMENTDescription
Number Of Contributions6NumberOfContributions
Noncash Contribs Rptd F99013469NoncashContribsRptdF990
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Number Of8283 Received1NumberOf8283Received
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Third parties used to solicit, process, or sell noncash contributionsSchedule M, Part I, Line 32aTHE ORGANIZATION CURRENTLY USES MERRILL LYNCH TO SELL THE CONTRIBUTIONS OF STOCK AS THEY ARE RECEIVED.
Explanation of revenues not reportedSchedule M, Part I, Line 33THE COLLEGE DOES NOT RECORD NON-CASH GIFTS THAT HAVE A VALUE LESS THAN $200.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Significant changes to organizational documentsForm 990, Part VI, Section A, Line 4THE ORGANIZATION AMENDED ITS BYLAWS TO STIPULATE THE FOLLOWING: "THE OFFICERS OF THE BOARD, TOGETHER WITH THE CHAIR OF THE AUDIT COMMITTEE AND A CLASS ONE TRUSTEE, ON BEHALF OF THE BOARD, SHALL ANNUALLY REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT, OFFICERS, AND KEY EMPLOYEES."
Members or stockholders electing members of governing bodyForm 990, Part VI, Section A, Line 7aSAINT MARY'S COLLEGE WAS FOUNDED BY THE CONGREGATION OF THE SISTERS OF THE HOLY CROSS (THE CONGREGATION) IN 1844. IN 1994 THE CONGREGATION PASSED THE GOVERNANCE OF THE SAINT MARY'S COLLEGE TO THE BOARD OF TRUSTEES. THE CONGREGATION RETAINED THE RIGHT TO APPOINT THREE MEMBERS OF THE BOARD OF TRUSTEES. IN ADDITION TO THE APPOINTED MEMBERS, SEVEN OTHER MEMBERS OF THE BOARD OF TRUSTEES MUST BE FROM THE CONGREGATION OR OTHER ROMAN CATHOLIC RELIGIOUS CONGREGATIONS.
Review of form 990 by governing bodyForm 990, Part VI, Section B, Line 11AA FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS REVIEWED WITH OUR TAX ADVISORS AND APPROVED BY THE AUDIT COMMITTEE. A COPY IS ALSO SUPPLIED TO EACH BOARD MEMBER FOR THEIR REVIEW PRIOR TO ITS FILING WITH THE IRS.
Conflict of interest policyForm 990, Part VI, Section B, Line 12cANNUAL DISCLOSURE QUESTIONNAIRES ARE PROVIDED TO EACH BOARD OF TRUSTEE MEMBER. ONCE THE QUESTIONNAIRES ARE COMPLETED, THE CHAIR OF THE AUDIT COMMITTEE REVIEWS THE RESPONSES AND DETERMINES WHETHER OR NOT THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST. IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THAT MEMBER IS EXCLUDED FROM ANY DISCUSSIONS CONCERNING THE CONFLICTING ISSUE AND IS NOT PERMITTED TO VOTE ON ANY DECISIONS REGARDING THE CONFLICTING ISSUE. ALL OFFICERS OF THE COLLEGE, ALL EMPLOYEES WORKING IN THE FINANCIAL AID AND BUSINESS OFFICES, AND ALL EMPLOYEES AUTHORIZED TO SIGN FOR EXPENDITURES, ACTING AS PRINCIPALS ON GRANTS OR INVOLVED IN MAKING PURCHASES ON BEHALF OF THE COLLEGE ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE FORM. THE FORMS ARE REVIEWED BY THE DIRECTOR OF PURCHASING. IF THERE IS A POTENTIAL CONFLICT OF INTEREST THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION REVIEWS THE CORRESPONDING ISSUE AND DETERMINES IF THERE IS AN ACTUAL CONFLICT OF INTEREST. IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THAT PERSON IS EXCLUDED FROM ANY DECISIONS OR ACTIONS REGARDING THE CONFLICTING ISSUE.
Process used to establish compensation of top management officialForm 990, Part VI, Section B, Line 15aTHE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT INCLUDED A REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES, WHICH CONSISTS OF INDEPENDENT PERSONS. THE BOARD OF TRUSTEES USED COMPARABILITY WITH PEER DATA AS PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION AND OTHER AVAILABLE DATA FROM HIGHER EDUCATION INSTITUTIONS TO DETERMINE THE AMOUNT OF COMPENSATION. THIS PROCESS INVOLVED DETAILED INPUT FROM MEMBERS OF THE BOARD AND COLLEGE CONSTITUENT REPRESENTATIVES. THE MOST RECENT REVIEW PROCESS STARTED IN APRIL 2008, WHICH INCLUDED THE REVIEW AND APPROVAL OF THE PRESIDENT'S FIVE-YEAR CONTRACT, AND WAS DOCUMENTED IN THE BOARD MEETING MINUTES.
Process used to establish compensation of other officers/key employeesForm 990, Part VI, Section B, Line 15bTHE OFFICERS OF THE BOARD, TOGETHER WITH THE CHAIR OF THE AUDIT COMMITTEE AND A CLASS ONE TRUSTEE, ANNUALLY REVIEW AND APPROVE THE COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS. AVAILABLE DATA FROM HIGHER EDUCATION INSTITUTIONS IS USED FOR COMPARABILITY IN ORDER TO DETERMINE THE APPROPRIATE AMOUNT OF COMPENSATION. THIS PROCESS IS DOCUMENTED IN THE BOARD MEETING MINUTES.
Public DisclosureForm 990, Part VI, Section C, Line 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SEC. 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
Financial aid or assistance from a governmental agencySchedule E, Line 6aTHE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM GOVERNMENTAL AGENCIES IN THE FORM OF SCHOLARSHIP AND GRANT FUNDS FOR STUDENTS' TUITION AND RELATED EXPENSES.
ORGANIZATION'S MISSIONFORM 990, PART III, LINE 1(CONTINUED FROM PART III) A PIONEER IN THE EDUCATION OF WOMEN, SAINT MARY'S IS AN ACADEMIC COMMUNITY WHERE WOMEN DEVELOP THEIR TALENTS AND PREPARE TO MAKE A DIFFERENCE IN THE WORLD. FOUNDED BY THE CONGREGATION OF THE SISTERS OF THE HOLY CROSS IN 1844, SAINT MARY'S PROMOTES A LIFE OF INTELLECTUAL VIGOR, AESTHETIC APPRECIATION, RELIGIOUS SENSIBILITY, AND SOCIAL RESPONSIBILITY. ALL MEMBERS OF SAINT MARY'S REMAIN FAITHFUL TO THIS MISSION AND CONTINUALLY ASSESS THEIR RESPONSE TO THE COMPLEX NEEDS AND CHALLENGES OF THE CONTEMPORARY WORLD.
PROGRAM SERVICE ACCOMPLISHMENTSFORM 990, PART III, LINE 4A(CONTINUED FROM PART III) AS A CATHOLIC COLLEGE, SAINT MARY'S CULTIVATES A COMMUNITY OF INTELLECTUAL INQUIRY, LITURGICAL PRAYER, AND SOCIAL ACTION. SAINT MARY'S CREATES AN OPEN FORUM IN WHICH STUDENTS FREELY AND CRITICALLY STUDY THE RICH HERITAGE OF THE CATHOLIC TRADITION, RAISING THE QUESTIONS NECESSARY TO DEVELOP A MATURE RELIGIOUS LIFE. THE CELEBRATION OF LITURGY ENCOURAGES STUDENTS TO EXPLORE THE FULLNESS OF LIFE AND ITS MYSTERIES. SAINT MARY'S NURTURES AWARENESS AND COMPASSION FOR A TROUBLED WORLD AND CHALLENGES STUDENTS TO PROMOTE HUMAN DIGNITY THROUGHOUT THEIR LIVES. IN PREPARING WOMEN FOR ROLES OF LEADERSHIP AND ACTION, SAINT MARY'S PAYS PARTICULAR ATTENTION TO THE RIGHTS AND RESPONSIBILITIES OF WOMEN IN THE WORLDS OF WORK, CHURCH, COMMUNITY, AND FAMILY. DEDICATED TO THE PERSONAL AND SOCIAL GROWTH OF ITS STUDENTS, SAINT MARY'S CULTIVATES A COMMUNITY OF STUDENTS, FACULTY, AND STAFF, WHICH RESPONDS TO THE NEEDS OF WOMEN. IN ORDER TO OFFER THE RICHEST EDUCATIONAL EXPERIENCE POSSIBLE, SAINT MARY'S STRIVES TO BRING TOGETHER WOMEN OF DIFFERENT NATIONS, CULTURES, AND RACES. IT PROVIDES A RESIDENTIAL ENVIRONMENT WHERE WOMEN GROW IN THEIR APPRECIATION OF THE STRENGTHS AND NEEDS OF OTHERS. THROUGH A HOST OF CO-CURRICULAR PROGRAMS ON CAMPUS AND IN THE LOCAL COMMUNITY, SAINT MARY'S INITIATES STUDENTS IN THE HABITS OF CIVIC RESPONSIBILITY. ENGAGING IN ALL ASPECTS OF THE COLLEGE EXPERIENCE, STUDENTS ACQUIRE THE HALLMARKS OF A LIBERALLY EDUCATED WOMAN: KEEN SELF-KNOWLEDGE, LIVELY IMAGINATION, LIFELONG INTELLECTUAL AND CULTURAL INTERESTS, AND THE ABILITY TO MAKE SOCIALLY RESPONSIBLE CHOICES ABOUT THE FUTURE. CALLED INTO BEING IN RESPONSE TO THE PETITIONS OF PARENTS WHO DESIRED A CHRISTIAN EDUCATION FOR THEIR DAUGHTERS, SAINT MARY'S HAS MET THE RECOGNIZED NEEDS OF EACH GENERATION OF STUDENTS. THEN, AS NOW, A STRONG BACKGROUND IN THE LIBERAL ARTS WAS DEEMED ESSENTIAL FOR WOMEN WHO WERE EDUCATED TO ASSUME LEADERSHIP ROLES IN THE RELIGIOUS, SOCIAL AND ECONOMIC STRUCTURES OF THEIR DAY. TODAY SAINT MARY'S CONTINUES TO FULFILL ITS ONGOING MISSION OF A CATHOLIC WOMEN'S COLLEGE DEDICATED TO THE TOTAL DEVELOPMENT OF ITS STUDENTS. DURING THE FISCAL YEAR ENDED MAY 31, 2010, SAINT MARY'S HAD AN UNDERGRADUATE POPULATION OF 1,664 STUDENTS.