2011-04-11T09:24:29-05:00 2010-05-31 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2009-06-01 410693962 Macalester College MACA 6516966000 1600 Grand Avenue St Paul MN 55105 David Wheaton 2011-03-20 true 6123055000 2009 2016-02-24 21:20:13Z BRIAN ROSENBERG 1600 GRAND AVENUE ST PAUL MN 55105 212135210 false X WWW.MACALESTER.EDU X 1874 MN Macalester is committed to being recognized as a preeminent liberal arts college known for high standards of scholarship and teaching with special emphasis on internationalism, multiculturalism, and service. 31 31 2566 1100 -1022728 -1022728 18182631 14488257 79097086 86624353 14109258 28476550 1654705 1655087 113043680 131244247 29629179 33945231 0 0 53346589 55289325 0 0 4836528 38198724 35988079 121174492 125222635 -8130812 6021612 780686632 839235596 98353271 96204831 682333361 743030765 MACALESTER IS COMMITTED TO BEING recognized as a preeminent liberal arts college known for its high standards of scholarship and teaching with special emphasis on internationalism, multiculturalism, and service to society. false false 74399940 33945231 61008451 INSTRUCTION OF STUDENTS AND ACADEMIC SUPPORT OF INSTRUCTION: Macalester prepares students for world citizenship through its broad-based, rigorous liberal arts education. Students from 49 states and more than 90 countries experience an academic program that ranks among the top 30 in the nation. To support student teaching and learning, Macalester maintains a student faculty ratio of approximately 10:1, with an average class size of 17. Students can choose from among 36 majors and 35 minors, comprised of more than 700 courses. Macalester is committed to admitting an economically diverse student body and meets the full financial need of every admitted student. Nearly two thirds of students study abroad. Macalester's seven academic facilities and library boast state-of-the-art technology, including science laboratories, one LEED Platinum certified building, and a large telescope. Enrollment for Fall 2009 was 1,971, and 461 students graduated during the 2009-2010 fiscal year. 21011212 17229335 STUDENT SERVICES: The co-curricular student experience is critical to Macalester's mission. To support a vibrant student experience, Macalester provides a range of student services and support. Macalester's library provides scholarly information services and resources essential to Macalester's educational program. With more than 80 student-run clubs and organizations, Macalester students have significant leadership opportunities. Macalester students perform nearly 50,000 hours of community service annually, supported by the Center for Civic Engagement. Each year, more than 250 students earn academic credit for supervised internships supported by the Internship Office. The Career Development Center helps students gain valuable work experience and plan their careers upon graduation. The Leonard Center athletic and wellness complex opened in 2008; it houses training and competition areas and provides fitness and wellness programs. Macalester competes in NCAA Division III and supports 19 men's and women's sports. More than 1,100 students participate in intramural athletics. 8355392 6851478 DORMITORIES AND DINING HALLS: Macalester is a residential campus, located on 53 acres in the center of a major U.S. metropolitan area. First year and sophomore students are required to live on campus; overall two thirds of students live on campus. Macalester has 10 residence halls, five language houses, and five theme residences (EcoHouse, Chinese Suite, Cultural House, Hebrew House, Veggie Co-op). The dining hall is located in the Campus Center, which creates a vibrant living-learning community. Locally-sourced organic foods are maximized in dining operations. Food scraps are sent to a local farm, rather than to a landfill. Sustainability is an important priority for the college; in residence and dining halls, students are encouraged to reduce energy use. 1872044 1535089 105638588 true true false true false false false false true true true false true true true false false false false false false false true true true false false false false false false false false false false true false false false false false false false false true 3171 0 true 2566 true true true true AU false false false false false false false 31 31 true false false false false false false true true false false true true true true true true true true false MN X DAVID WHEATON 6516966211 1600 GRAND AVENUE St Paul MN 55105 PETER AHN 1.0 X 0 0 0 PAUL ANDERSON 1.0 X 0 0 0 CHARLES BERG 1.0 X 0 0 0 ANNE CRANDALL CAMPBELL 1.0 X 0 0 0 MELVIN COLLINS 1.0 X 0 0 0 JERRY CRAWFORD 1.0 X X 0 0 0 DAVID DENO 1.0 X X 0 0 0 RUTH STRICKER DAYTON 1.0 X X 0 0 0 R LAWRENCE DESSEM 1.0 X 0 0 0 STEVEN EULLER 1.0 X 0 0 0 PETER FENN 1.0 X X 0 0 0 SUSAN HAIGH 1.0 X 0 0 0 TIMOTHY HART-ANDERSEN 1.0 X X 0 0 0 CAROL SCHWARTING HAYDEN 1.0 X 0 0 0 PATRICIA HURLEY 1.0 X X 0 0 0 JEFFREY LARSON 1.0 X 0 0 0 JOHN LAW 1.0 X X 0 0 0 COLLIN MOTHUPI 1.0 X 0 0 0 LEE NYSTROM 1.0 X 0 0 0 KATHLEEN ANGELOS PINKETT 1.0 X 0 0 0 LOIS QUAM 1.0 X 0 0 0 JAMES REISSNER 1.0 X 0 0 0 MICHAEL SNEED 1.0 X 0 0 0 BRUCE SOLTIS 1.0 X 0 0 0 PER VON ZELOWITZ 1.0 X 0 0 0 STEPHEN WIGGINS 1.0 X 0 0 0 Maura Donovan 1.0 X 0 0 0 Michael Huber 1.0 X 0 0 0 Jo Opdyke Wilhelm 1.0 X 0 0 0 Mark Vander Ploeg 1.0 X 0 0 0 Jon Walton 1.0 X 0 0 0 BRIAN ROSENBERG 40.0 X 498398 0 142382 DAVID WHEATON 40.0 X 208864 0 38063 THOMAS BONNER 40.0 X 219292 0 39156 LORNE ROBINSON 40.0 X 158298 0 16677 CRAIG AASE 36.0 X 168613 0 23724 Kathleen Murray 40.0 X 208404 0 27946 AHMED SAMATAR 40.0 X 160940 0 22031 DANIEL HORNBACH 40.0 X 146864 0 26314 DAVID LANEGRAN 40.0 X 152068 0 25079 LAURIE HAMRE 40.0 X 140332 0 20663 DIANE MICHELFELDER 40.0 X 202982 0 27363 2265055 0 409398 58 false true false Bon Appetit Management Company 91337 Collections Dr PO Box 91337 CHICAGO IL 60693 Food service 4138478 McGough Construction 2737 Fairview Ave N ST PAUL MN 55113 Construction 1470351 northern trust 50 s lasalle st CHICAGO IL 60603 investment mgmt 1327194 Hammel Green and Abrahamson SDS 12-1861 PO Box 86 MINNEAPOLIS MN 55486 Architects 995382 Gund Partnership 47 Thorndike St CAMBRIDGE MA 02141 architects 512315 13 3793286 10694971 6421491 14488257 TUITION & FEES 611710 74096677 74096677 SALES & SERVICE OF AUXILIARY ENTERPRISES 611710 12527676 12527676 86624353 9455873 -1069677 10525550 0 0 924851 645420 279431 279431 46242 233189 98674057 79653380 19020677 19020677 19020677 0 0 886533 592163 294370 294370 MISCELLANEOUS REVENUE 900099 1081286 1080579 707 1081286 131244247 87999302 -1022728 29779416 0 33945231 33945231 0 0 1749817 411325 919849 418643 0 40991443 34030485 4721299 2239659 3135957 2457949 453239 224769 6585830 5311039 920445 354346 2826278 2287064 367555 171659 0 172959 18752 153328 879 110656 110656 0 0 1327194 1327194 1079690 422225 488852 168613 29342 14643 12888 1811 4681835 3353437 620844 707554 1518349 300579 1161057 56713 0 2368215 2107271 231666 29278 1870848 1536686 155182 178980 0 197964 122449 67141 8374 2738249 2674689 63560 0 6959965 5873358 1086607 239927 170362 69383 182 BOOKS, PERIODICALS, ART, REC. 1464383 1337145 21606 105632 DUES & SUBSCRIPTIONS 649901 293465 338616 17820 STUDY AWAY PROGRAMS 3426260 3425742 518 OTHER OUTSIDE SERVICES 4660201 3600174 953283 106744 MINOR EQUIPMENT 1263223 983929 274612 4682 1228918 960589 228139 40190 125222635 105638588 14747519 4836528 48477690 66421426 17694808 15395945 371478 350245 4980791 5197251 249437 174101 1595928 1654154 250118796 72110192 180302285 178008604 227728476 239559454 275941707 308221737 23344032 24252679 780686632 839235596 11419334 10251676 4512904 4535996 678105 801397 72245840 69530941 342505 314530 9154583 10770291 98353271 96204831 X 139238567 145364693 202534397 253221840 340560397 344444232 682333361 743030765 780686632 839235596 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 true true false false false false true 600 false false 600 false MINNESOTA STATE GRANT PROGRAM MACALESTER COLLEGE ENGAGES IN LOBBYING ACTIVITIES RELATED TO THE FUNDING OF THE MINNESOTA STATE GRANT PROGRAM. 523140564 4137481 77027500 22142081 7857812 1845877 572459775 667232010 6567898 -120521099 12385071 15906791 1846383 523140564 0.07000 0.93000 true false 1414486 1414486 10401828 228176751 65972207 172606372 10125731 6137985 3987746 178008604 LP INTEREST IN DOM. EQ 87106032 F LP INTEREST IN PRIVATE EQ 83335334 F LP INTEREST IN HEDGE FUNDS 68427632 F LP INTEREST IN REAL ESTATE 29828405 F LP INTEREST IN NAT. RESOURCES 39524334 F 308221737 0 DEPOSITS 351361 INTEREST RATE SWAP AGREEMENT 1276920 LIAB. UNDER PLANNED GIVING AGM 7207679 ASSET RETIREMENT OBLIGATION 897450 UNAMORTIZED BOND PREMIUM 1036881 10770291 131244247 125222635 6021612 51050717 3625075 54675792 60697404 185238265 51050717 4270495 55321212 129917053 1327194 1327194 131244247 124540861 645420 645420 123895441 1327194 1327194 125222635 ENDOWMENT EARNINGS SCHEDULE D, PART V, LINE 4 MACALESTER COLLEGE USES THE EARNINGS FROM ITS ENDOWMENT FUNDS FOR SCHOLARSHIPS, PRIZES, AWARDS, LIBRARY SUPPORT, PROGRAM SUPPORT, FACULTY SUPPORT, AND RESEARCH in accordance with donor restrictions where applicable. FIN 48 SCHEDULE D, PART X AT THE DATE OF ADOPTION OF FIN 48, AND AS OF MAY 31, 2010, THE COLLEGE HAS RECORDED NO LIABILITIES FOR UNCERTAIN TAX PROVISIONS. Reconciliation of Change in Net Assets Schedule D, part XI, line 8 1,504,090 Change in value of planned giving agreements 2,303,539 Change in value of beneficial interest in perpetual trust (182,554) Change in value of interest rate swap ========== 3,625,075 Total Reconciliation of Revenue Schedule D, Part XII, Line 2d 1,504,090 Change in value of planned giving agreements 2,303,539 Change in value of beneficial interest in perpetual trust 645,420 Rental Expenses (182,554) Change in value of interest rate swap ========== 4,270,495 Total Reconciliation of Expenses Schedule D, Part XIII, Line 2d 645,420 Rental Expenses true true true MACALESTER COLLEGE PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON Its WEBSITE, IN ITS COLLEGE CATALOG, AND ON ITS APPLICATION FOR ADMISSION. true true true true false false false false false false false false true false MACALESTER COLLEGE RECEIVES TITLE IV FUNDING FROM THE UNITED STATES DEPARTMENT OF EDUCATION (I.E. PELL, ACG, SMART, SEOG, FEDERAL WORK STUdy, DIRECT LOAN PROGRAM, AND PERKINS LOAN PROGRAM). true Europe (Including Iceland and Greenland) Program Services Study abroad program 717734 Sub-Saharan Africa Program Services Study abroad program 4600 Middle East and North Africa Program Services Archaeological Trip 73285 Europe (Including Iceland and Greenland) Program Services Student Recruitment 29918 East Asia and the Pacific Program Services Student Recruitment 29918 Central America and the Caribbean Program Services Student Recruitment 6649 East Asia and the Pacific Program Services Study Abroad Program 53633 Europe (Including Iceland and Greenland) Investments 915737 Method of Accounting for Expenditures Part I, Line 3, Column F Expenditures are recorded as expenses in the college's general ledger when the expenses are incurred, otherwise known as the accrual method of accounting. Additional Information Many international study programs are coordinated by domestic organizations. Payments to those organizations are not included on Schedule F. true SCHOLARSHIPS AND GRANTS TO STUDENTS 1422 33945231 FMV MONITORING GRANT FUNDS SCHEDULE I, PART I, LINE 2 When determining the amount of financial aid a student will receive, the Financial Aid office first calculates how much the student's family can reasonably afford. This calculation relies on two primary sources of information: 1) a Free Application for Federal Student Aid (FAFSA); and 2) a financial aid profile; both of which are completed by the family. The Financial Aid office awards a financial aid package that fills the gap between the calculated amount the student's family can reasonably afford and the cost of attending Macalester College. X X X X true true X X X X false true false false false false false false false BRIAN ROSENBERG 435741 0 0 0 62657 0 74500 67882 640780 0 DAVID WHEATON 207713 0 0 0 1151 0 21500 16563 246927 0 AHMED SAMATAR 160116 0 0 0 824 0 15396 6635 182971 0 DANIEL HORNBACH 146393 0 0 0 471 0 15048 11266 173178 0 DAVID LANEGRAN 149712 0 0 0 2356 0 13825 11254 177147 0 LAURIE HAMRE 139862 0 0 0 470 0 14100 6563 160995 0 THOMAS BONNER 215141 0 0 0 4151 0 22500 16656 258448 0 LORNE ROBINSON 158000 0 0 0 298 0 15800 877 174975 0 CRAIG AASE 167663 0 0 0 950 0 17000 6724 192337 0 DIANE MICHELFELDER 202182 0 0 0 800 0 20488 6875 230345 0 Kathleen Murray 207962 0 0 0 442 0 21000 6946 236350 0 EMPLOYEE PAYMENTS SCHEDULE J, PART I, LINE 1A The College only pays for companion travel if the purpose of the companion's trip is related to College business. The College's President is provided with a house as a condition of employment. The house is used for both business and personal purposes. Housekeeping services for the house are also provided. It is the College's practice to offset the income tax burden of domestic partner benefits by grossing up affected employee's wages. Supplemental Nonqualified Retirement Plan Schedule J, Part 1, Line 4b The College's president is the sole participant in a nonqualified retirement plan. The College placed $50,000 in the plan during the fiscal year covered by this report. Certain time-in-service and performance requirements must be met for the president to receive the plan's assets. MN Higher Education Facilities Authority 410988525 6041518J2 2003-02-20 15300000 Dormitory Improvements false false MN Higher Education Facilities Authority 410988525 60416HED2 2004-12-08 15955017 Refinance 11/28/95 & 5/28/97 Bonds false false MN Higher Education Facilities Authority 410988525 2005-07-22 3059975 Administrative Computer System false false MN Higher Education Facilities Authority 410988525 60416HJJ4 2007-03-07 39470869 Athl. Complex & Refin. 1998 Bonds false false 15300000 300000 15000000 2004 false false true true 15955017 217947 2004 true true true true 3059975 59975 3000000 2006 false false true true 39470869 421182 22000000 2008 true false true true false false false false false 0.00000 0.00000 0.00000 true false false false false false 0.00000 0.00000 0.00000 true false false false false false 0.00000 0.00000 0.00000 true false true false false false true false false false false false false false false false false false false false false true RBC 0.08 true FSA Cap Mgmt 1.08 true false true X 60 6421491 MARKET VALUE false true true Noncash Contributions Schedule M, Part I, Line 32a The College uses licensed brokers to sell and process stock contributions. Other Services Form 990, Part III, Line 4d Other Services - Post Office, Research, Public Services, etc. Board Relationships Form 990, Part VI, Line 2 Board Members Charles Berg and Stephen Wiggins have a family relationship. Board Review of 990 Form 990, Part VI, Line 11A Information for the Form 990 is compiled by College personnel and submitted to the College's audit firm, who prepares a draft of the Form. This draft is reviewed by the College's Vice President for Administration and Finance, Assistant Vice President for Finance, and Accounting Manager. Once a final draft of the Form is ready, each member of the Board of Trustees is e-mailed a link to a password-protected website on which the draft 990 is posted. All Board members are instructed to review the Form and provide feedback prior to the filing deadline. Conflict of Interest Form 990, Part VI, Line 12c Annually, Officers, Directors and Key Employees are sent a conflict of interest packet that includes a copy of the conflict of interest policy and a questionnaire. Completed questionnaires are returned to the Vice President for Administration and Finance, where they are reviewed for interests that could give rise to conflicts. If a conflict exists at any time during the year, the affected Board Member(s) must abstain from any deliberations and voting on the topic to which the conflict applies. Officer Compensation Form 990, Part VI, Line 15 Annually, the Director of Employment Services compiles data for the Compensation Committee of the Board of Trustees so it may make decisions regarding the compensation of the President. The data is compiled using national independent and peer group salary surveys and is communicated to the Committee in the form of a letter. The letter also informs the Committee of the expected institutional budget for staff wage increases. The Committee's final decision is communicated via letter. The Chair of the Committee and the President are also provided with comparability data for the salaries of the Provost, Vice President for Advancement, Chief Investment Officer, and Vice President for Administration and Finance. The President makes the final decision regarding those employees' salaries. Public Access Form 990, Part VI, Line 19 The College's financial statements are accessible by the public via the College's website. Governing documents and the conflict of interest policy are available to the public upon request.