2026-05-08T15:37:50-05:00 2025-06-30 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2024-07-01 060646587 CONNECTICUT COLLEGE CONN 8604392081 270 MOHEGAN AVENUE NEW LONDON CT 063204196 ANDREA CHAPDELAINE PRESIDENT 8604471911 2026-05-07 1 0 KRISTIN ANDERSON P01231300 6179881000 2026-05-06 2024 2025-03-06 01:10:19Z ANDREA CHAPDELAINE 270 MOHEGAN AVENUE NEW LONDON CT 063204196 261243000 0 X WWW.CONNCOLL.EDU X 1911 CT SEE SCHEDULE O. 34 33 1918 985 406000 0 26110000 16200000 162608000 166540000 2450000 2326000 617000 765000 191785000 185831000 72315000 75163000 0 0 70071000 70035000 0 0 6168000 57237000 67666000 199623000 212864000 -7838000 -27033000 754976000 795288000 168526000 181489000 586450000 613799000 X CONNECTICUT COLLEGE EDUCATES STUDENTS TO PUT THE LIBERAL ARTS INTO ACTION AS CITIZENS OF A GLOBAL SOCIETY. FOR ADDITIONAL INFORMATION, SEE SCHEDULE O. 0 0 137659000 75163000 123167000 *UNDERGRADUATE INSTRUCTION*THE TEACHING OF UNDERGRADUATE STUDENTS WORKING TOWARDS A FOUR-YEAR DEGREE IN ONE OF THE VARIOUS LIBERAL ARTS AND SCIENCES MAJORS OFFERED BY CONNECTICUT COLLEGE. THE COLLEGE'S ACADEMIC PROGRAMS IN THE ARTS, HUMANITIES, SCIENCES, AND SOCIAL SCIENCES ARE DESIGNED TO SHAPE ETHICAL, INFORMED CITIZENS WITH A GLOBAL PERSPECTIVE. HIGHLIGHTS OF THE ACADEMIC PROGRAM INCLUDE A STUDENT-FACULTY RATIO OF 10:1, FOURTY FIVE MAJORS, APPROXIMATELY 175 FULL-TIME PROFESSORS, LANGUAGE STUDY, RESIDENTIAL EDUCATION PROGRAMS, CERTIFICATE PROGRAMS, PRE-LAW, PRE-HEALTH AND PRE-BUSINESS PROGRAMS, AND SUPPORT FOR PURSUING FELLOWSHIPS AND SCHOLARSHIPS. 38851000 32127000 *AUXILIARY SERVICES*AUXILIARY SERVICES INVOLVES RUNNING THE COLLEGE'S NUMBEROUS DORMITORIES AND DINING FACILITIES. CONNECTICUT COLLEGE IS A RESIDENTIAL CAMPUS. NINETY-EIGHT PERCENT OF STUDENTS LIVE ON CAMPUS IN 23 RESIDENCE HALLS. FOUR DINING HALLS ON CAMPUS SERVE OUR STUDENTS IN A VARIETY OF CAPACITIES. THE COLLEGE EXTENDS THE TEACHING AND LEARNING EXPERIENCE WITHIN THE DORMITORIES. 4867000 8317000 *STUDY AWAY*IS AN OPPORTUNITY FOR QUALIFIED STUDENTS TO STUDY AWAY FOR CREDIT ABROAD OR ELSEWHERE IN THE US. THE COLLEGE HAS A LONG TRADITION OF RECOGNIZING THE IMPORTANCE OF INT'L STUDIES AND STUDY AWAY AS REFLECTED IN OUR MISSION STATEMENT: "CONNECTICUT COLLEGE EDUCATES STUDENTS TO PUT THE LIBERAL ARTS INTO ACTION AS CITIZENS IN A GLOBAL SOCIETY". APPROXIMATELY 50% OF THE COLLEGE'S STUDENTS STUDY AWAY DURING THEIR JUNIOR YEAR THROUGH CAREFULLY SELECTED PROGRAMS. OUR STUDY AWAY/TEACH AWAY TYPICALLY SENDS 10-12 STUDENTS AND FACULTY TO HOST INSTITUTIONS THROUGHOUT THE WORLD TO COMPLETE A FULL SEMESTER OF SCHOLARLY ACTIVITY WHILE BEING IMMERSED IN THE LOCAL CULTURE. 2200000 2929000 OTHER PROGRAM SERVICES INCLUDES EXPENSES RELATED TO ALUMNI AND REUNION EVENTS, AMORTIZATION OF TAX-EXEMPT BOND INTEREST AND FEES, PHYSICAL PLANT COSTS, DEPRECIATION, AND ADMINISTRATIVE COMPUTING COSTS. 2200000 2929000 183577000 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 391 0 1 1918 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 NY X CAREY CSESZKO 8604392081 270 MOHEGAN AVENUE NEW LONDON CT 063204196 ANDREA CHAPDELAINE PRESIDENT (AS OF 7/1/2024) 38.00 0.00 X X 300837 0 94745 DEBO P ADEGBILE TRUSTEE 1.00 0.00 X 0 0 0 SETH W ALVORD TRUSTEE & CHAIR 1.00 0.00 X X 0 0 0 JESSICA ARCHIBALD TRUSTEE 1.00 0.00 X 0 0 0 BETTY BROWN BIBBINS TRUSTEE 1.00 0.00 X 0 0 0 MARIA WYCOFF BOYCE TRUSTEE & VICE CHAIR 1.00 0.00 X X 0 0 0 ETHAN W BROWN TRUSTEE 1.00 0.00 X 0 0 0 ISAAC H CLOTHIER TRUSTEE 1.00 0.00 X 0 0 0 LOULIE SUTRO CRAWFORD TRUSTEE 1.00 0.00 X 0 0 0 LAWRENCE B DAMON III TRUSTEE 1.00 0.00 X 0 0 0 MARK D FALLON TRUSTEE 1.00 0.00 X 0 0 0 MARISA G FARINA TRUSTEE 1.00 0.00 X 0 0 0 GREGORY J GIGLIOTTI TRUSTEE 1.00 0.00 X 0 0 0 HANNAH E GONZALEZ TRUSTEE 1.00 0.00 X 0 0 0 KIM-AN HERNANDEZ TRUSTEE 1.00 0.00 X 0 0 0 STEVEN W JACOBSON TRUSTEE 1.00 0.00 X 0 0 0 SAMIRAH JAIGIRDAR TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN A KRANE TRUSTEE 1.00 0.00 X 0 0 0 SYDNEY L LAMB TRUSTEE 1.00 0.00 X 0 0 0 JOHN D LINEHAN TRUSTEE 1.00 0.00 X 0 0 0 ERICA L LOVETT TRUSTEE (AS OF 7/24) 1.00 0.00 X 0 0 0 SARAH A MUDHO TRUSTEE 1.00 0.00 X 0 0 0 DEVON DANZ PRESTON TRUSTEE 1.00 0.00 X 0 0 0 LESLIE ROSEN TRUSTEE 1.00 0.00 X 0 0 0 PETER D SKAPERDAS TRUSTEE & VICE CHAIR 1.00 0.00 X X 0 0 0 DWAYNE C STALLINGS TRUSTEE & VICE CHAIR 1.00 0.00 X X 0 0 0 JOHNATHAN S STAVIN TRUSTEE (AS OF 7/24) 1.00 0.00 X 0 0 0 DIANE E STRATTON TRUSTEE 1.00 0.00 X 0 0 0 SUSAN EKBERG STIRITZ TRUSTEE (AS OF 7/24) 1.00 0.00 X 0 0 0 MAARTEN D TERRY TRUSTEE 1.00 0.00 X 0 0 0 ANN A VERPLANCK TRUSTEE (AS OF 7/24) 1.00 0.00 X 0 0 0 RAJNEESH VIG TRUSTEE 1.00 0.00 X 0 0 0 SHAWNIA A YON TRUSTEE (AS OF 7/24) 1.00 0.00 X 0 0 0 JOHN S ZEILER TRUSTEE 1.00 0.00 X 0 0 0 DANIELLE EGAN DEAN OF FACULTY 38.00 0.00 X 228924 0 70924 LAUREN MIDDLETON SECRETARY OF THE COLLEGE 38.00 0.00 X 124122 0 34315 CHRISTINA W WILLIAMS VP FIN & ADMIN (EFF. 10/24) 38.00 0.00 X 37444 0 3210 ANDREW K STRICKLER VP OF ADMISSIONS 38.00 0.00 X 206124 0 36934 LESLIE E WONG FMR. INTERIM PRES. (THRU 6/24) 38.00 0.00 X 278752 0 23998 VICTOR J ARCELUS DEAN OF STUDENTS 38.00 0.00 X 211149 0 52204 JOHN CRAMER FMR VP MARKETING & COMMUNICATIONS 38.00 0.00 X 283503 0 58018 ERIKA J SMITH DEAN OF THE COLLEGE, VP OF RET. 38.00 0.00 X 204764 0 44230 REGINALD WHITE VP HR AND ORG. DEV. (THRU 8/24) 38.00 0.00 X 220714 0 24751 JUSTIN WOLFRADT EXEC DIR FACILITIES MGMT PLAN 38.00 0.00 X 244761 0 19061 KATHERINE BERGERON FORMER PRESIDENT 0.00 0.00 X 231512 0 3365 JEFFREY E COLE FMR DEAN OF THE FACULTY & PROF. 38.00 0.00 X 129500 0 47010 2702106 0 512765 51 1 1 0 CAMBRIDGE ASSOCIATES LLC 100 SUMMER STREET BOSTON MA 02210 INVESTMENT ADVISORY 977000 THE FULCRUM GROUP 80 BROAD STREET NEW YORK NY 10004 INFRASTRUCTURE CONSULTANTS 721000 VANASSE HANGEN BRUSTLIN INC 100 GREAT MEADOW ROAD WETHERSFIELD CT 06109 ENGINEERING 548000 QUISENBERRY ARCARI MALIK LLC 195 SCOTT SWAMP ROAD FARMINGTON CT 06032 ARCHITECTURE 494000 COLLIERS PROJECT LEADERS USA NE LLC 160 FEDERAL STREET BOSTON MA 02210 CAPITAL PROJECTS CONSULTANTS 430000 9 3995000 12205000 2401000 16200000 TUITION 611710 123167000 123167000 ROOM AND BOARD, AUX. SERVICES 721310 32127000 32127000 STUDY AWAY 611710 8317000 8317000 OTHER PROGRAM SERVICE REVENUE 900099 2929000 2929000 166540000 1835000 331000 1504000 105000 49000 56000 56000 56000 65561000 10293000 64697000 10666000 864000 -373000 491000 75000 416000 SNACK SHOP REVENUE 713940 637000 637000 BOOKSTORE 459210 72000 72000 709000 185831000 166540000 406000 2685000 75163000 75163000 1122000 484000 529000 109000 143000 143000 50054000 41721000 5492000 2841000 3998000 3078000 560000 360000 11163000 8506000 2207000 450000 3555000 2737000 498000 320000 301000 11000 290000 272000 272000 4048000 4048000 15572000 14647000 732000 193000 98000 30000 68000 4215000 3312000 748000 155000 2199000 1895000 304000 18000 18000 11729000 11729000 2380000 2193000 124000 63000 328000 175000 137000 16000 4157000 1006000 3151000 9629000 7222000 1059000 1348000 2952000 976000 1976000 STUDY AWAY PROGRAMS 4405000 4405000 0 0 BOOKS AND PERIODICALS 1324000 1317000 7000 0 LICENSE/FEES/PERMITS 1093000 502000 393000 198000 2946000 2307000 524000 115000 212864000 183577000 23119000 6168000 22000 8000 53341000 58338000 19835000 14461000 1369000 1289000 124000 97000 407000 350000 1480000 1344000 382350000 223358000 133267000 158992000 288855000 300208000 196001000 211077000 60275000 49124000 754976000 795288000 10844000 18430000 2713000 10890000 101140000 100850000 32635000 30361000 21194000 20958000 168526000 181489000 X 97346000 94179000 489104000 519620000 586450000 613799000 754976000 795288000 X -27033000 53298000 1084000 X 0 1 X 1 1 1 X 45801300 27902475 20057759 22911000 16200000 132872534 45801300 27902475 20057759 22911000 16200000 132872534 43604496 89268038 1091000 434000 1521000 2092000 1962000 7100000 384000 16000 46000 58000 504000 49000 265000 445000 465000 709000 1933000 142409534 753927000 0.62680 0.64030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BOOKSTORE - 2020 AMOUNT: $ 38,000. 2021 AMOUNT: $ 53,000. 2022 AMOUNT: $ 31,000. 2023 AMOUNT: $ 21,000. 2024 AMOUNT: $ 72,000. SNACK SHOP REVENUE - 2020 AMOUNT: $ 11,000. 2021 AMOUNT: $ 212,000. 2022 AMOUNT: $ 414,000. 2023 AMOUNT: $ 444,000. 2024 AMOUNT: $ 637,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PT II-B LINE 1: LOBBYING ACTIVITIES THE COLLEGE MAKES PAYMENTS TO VARIOUS ORGANIZATIONS, SOME PORTION OF WHICH MAY BE USED IN CONNECTION WITH ISSUES THAT IMPACT HIGHER EDUCATION. X X X 0 482358000 6979000 51425000 10870000 19030000 510862000 448853000 8878000 45197000 9570000 11000000 482358000 416635000 17851000 33076000 8570000 10139000 448853000 434553000 19089000 -20529000 7707000 8771000 416635000 316270000 15353000 118159000 7337000 7892000 434553000 0.14470 0.45760 0.39770 0 1 1 1080000 1080000 251560000 157574000 93986000 50997000 48963000 2034000 78713000 16821000 61892000 158992000 HEDGE FUNDS 50896000 F VENTURE CAPITAL 48589000 F PRIVATE EQUITY 94840000 F INFLATION HEDGING 7207000 F DISTRESSED DEBT 4949000 F SPLIT INTEREST AGREEMENTS 4596000 F 211077000 DEPOSIT WITH BOND TRUSTEE 30647000 ASSETS HELD IN TRUST 17523000 STOCK GIFT SUSPENSE 12000 OTHER ASSETS 942000 49124000 UNAMORTIZED BOND PREMIUM NET OF ISSUE COSTS 7769000 ACCRUED POSTRETIREMENT BENEFIT OBLIGATION 6784000 LIABILITIES UNDER SPLIT INTEREST AGREEMENTS 4197000 OTHER OBLIGATIONS 1995000 CAPITAL LEASE LIABILITY 213000 20958000 X 161051000 53298000 1084000 54382000 106669000 4048000 75114000 79162000 185831000 133702000 49000 49000 133653000 4048000 75163000 79211000 212864000 PART III, LINE 1A: LIBRARY AND ART COLLECTIONS ARE NOT RECOGNIZED IN ASSETS ON THE BALANCE SHEET. PURCHASES OF SUCH COLLECTIONS ARE RECORDED AS DECREASES IN NET ASSETS IN THE PERIOD IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. PART III, LINE 4: THE CHARLES E. SHAIN LIBRARY HOLDS APPROXIMATELY 300 PIECES OF ART, AS WELL AS 25,000 RARE BOOKS AND 1,300 LINEAR FEET OF MANUSCRIPTS, PHOTOGRAPHS AND OTHER ARCHIVAL MATERIAL. MOST OF THE ART COLLECTIONS CONSIST OF 20TH CENTURY CHINESE PAINTINGS AND JAPANESE PRINTS. THERE IS ALSO A NUMBER OF CONTEMPORARY OIL PAINTINGS ON CANVAS BY COLLEGE FACULTY, AND THREE BY THE FRENCH ARTIST LEON BRUNET. BOOKS AND ARCHIVAL MATERIALS ARE ROUTINELY USED IN CLASSROOM INSTRUCTION AS WELL AS FOR STUDENT PROJECTS. ARTWORK IS USED FOR OCCASIONAL CLASSROOM INSTRUCTION AND IS ROTATED THROUGH THE EXHIBIT SPACE IN THE CHARLES CHU ASIAN ART READING ROOM. THE CONNECTICUT COLLEGE ARBORETUM IS 750 ACRES OWNED BY CONNECTICUT COLLEGE AND OPERATED FOR THE BENEFIT OF THE COLLEGE AND THE COMMUNITY. THE ARBORETUM FUNCTIONS IN SUPPORT OF THE COLLEGE'S MISSION BY HELPING TO PREPARE STUDENTS FOR A LIFETIME OF LEARNING ABOUT AND INTERACTING WITH THE NATURAL WORLD. THIS IS ACCOMPLISHED BY PROVIDING AN OUTDOOR LABORATORY FOR USE BY FACULTY AND STUDENTS TO SUPPORT AND CONDUCT RESEARCH IN A BROAD RANGE OF SUBJECTS, INCLUDING ECOLOGY, FIELD BIOLOGY, CONSERVATION AND NATURAL HISTORY. THE ARBORETUM PROVIDES STEWARDSHIP OF COLLEGE LANDS BY PROTECTING, SUSTAINING AND ENHANCING BIOLOGICAL DIVERSITY OF LARGE TRACTS OF OPEN SPACE, AND PROVIDES LEADERSHIP STATEWIDE AND BEYOND IN CONSERVATION MATTERS. PART OF THE ARBORETUM'S MISSION IS TO MAINTAIN, DEVELOP AND INTERPRET WELL-DOCUMENTED PLANT COLLECTIONS FOR TEACHING, RESEARCH, PUBLIC EDUCATION AND ENJOYMENT, AND TO PROVIDE A PLACE WHERE PEOPLE FROM THE COLLEGE AND THE COMMUNITY MAY ENJOY PASSIVE RECREATION AND WHERE THEY MAY COME TO LEARN, REFLECT, AND RENEW THEMSELVES THROUGHOUT THE NATURAL WORLD. THE COLLEGE MAINTAINS VARIOUS SCULPTURES ON CAMPUS FOR THE ENJOYMENT OF THE COLLEGE AND LOCAL COMMUNITIES. PART V, LINE 4: THE COLLEGE'S POOLED ENDOWMENT CONSISTS OF APPROXIMATELY 650 INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT IN PERPETUITY A VARIETY OF PURPOSES INCLUDING INSTRUCTION, FINANCIAL AID, ACADEMIC SUPPORT, STUDENT SERVICES, AND GENERAL INSTITUTIONAL EXPENSES. PART V, LINE 2: THE COLLEGE HAS ADOPTED FASB ASU 2016-14, PRESENTATION OF THE FINANCIAL STATEMENTS FOR NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE YEAR ENDING 06/30/2025 AUDITED FINANCIAL STATEMENTS CLASSIFY NET ASSETS AS EITHER NET ASSETS WITHOUT DONOR RESTRICTIONS OR NET ASSETS WITH DONOR RESTRICTIONS. PART X, LINE 2: THE COLLEGE GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS CONDIFICATION ASC 740, INCOME TAXES, PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITION ONLY WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF EXAMINATION BY TAX AUTHORITIES. IN EVALUATING WHETHER A TAX POSITION HAS MET THE RECONGNITION THRESHOLD, THE COLLEGE MUST PRESUME THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAX AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. ASC 740 ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. TAX POSITIONS DEEMED TO MEET THE "MORE LIKELY THAN NOT" THRESHOLD ARE RECORDED AS A TAX EXPENSE IN THE CURRENT YEAR. THE COLLEGE HAS ANALYZED ALL OPEN TAX YEARS, AS DEFINED BY THE STATUTES AND LIMITATIONS, FOR ALL MAJOR JURISDICTIONS. OPEN TAX YEARS ARE THOSE THAT ARE OPEN FOR EXAM BY TAXING AUTHORITIES. MAJOR JURISDICTIONS FOR THE COLLEGE INCLUDE FEDERAL AND THE STATE OF CONNECTICUT. AS OF JUNE 30, 2025, OPEN FEDERAL AND CONNECTICUT TAX YEARS FOR THE COLLEGE INCLUDE THE TAX YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2025. THE COLLEGE HAS NO EXAMINATIONS IN PROGRESS. THE COLLEGE BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,549,000. POST RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST -465,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 75,163,000. EXEPNSES ALLOCATED TO RENTAL INCOME -49,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCATED TO RENTAL INCOME 49,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 75,163,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CONNECTICUT COLLEGE PUBLICIZES THE POLICY ON THEIR INTERNET HOMEPAGE. SCHEDULE E, PART I, LINE 6 FINANCIAL AID AND ASSISTANCE FROM GOVERNMENTAL AGENCIES CONSIST OF US DEPT OF EDUCATION FINANCIAL AID, STATE OF CONNECTICUT FINANCIAL AID, AND FEDERAL AND STATE RESEARCH GRANT FUNDS. 1 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 6 PROGRAM SERVICES STUDY AWAY PROGRAM 4049000 EAST ASIA AND THE PACIFIC 0 4 PROGRAM SERVICES STUDY AWAY PROGRAM 703000 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 51000 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES STUDY AWAY PROGRAM 18000 MIDDLE EAST 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 1000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 62000 RUSSIA 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 41000 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 20000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 2350000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS INVESTMENTS 2560000 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS INVESTMENTS 19000 SOUTH AMERICA 0 0 INVESTMENTS INVESTMENTS 5000 0 13 0 0 0 13 4945000 4934000 9879000 1 0 1 1 1 1 PART III ACCOUNTING METHOD: THE EXPENSES FOR STUDENTS STUDYING ABROAD, FACULTY TRAVEL OUTSIDE THE UNITED STATES, AND SERVICES ARE REVIEWED AND MADE IN CONJUNCTION WITH THE OFFICE OF STUDY AWAY. THESE FOREIGN EXPENDITURES ARE ACCOUNTED FOR IN THE ORGANIZATION'S FINANCIAL STATEMENTS USING THE ACCRUAL METHOD. 1 CONNECTICUT COLLEGE FINANCIAL AID AND SCHOLARSHIPS 1943 74761000 N/A FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS 282 309000 N/A STATE OF CONNECTICUT - ROBERTA B WILLIS SCHOLARSHIP GRANT 8 93000 N/A PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANTS TO INDIVIDUALS: THE COLLEGE AWARDS NEED-BASED FINANCIAL AID TO ADMITTED STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED, AND MERIT SCHOLARSHIPS TO STUDENTS SELECTED BY THE ADMISSION COMMITTEE DURING THE ADMISSION PROCESS. ALL GRANTS AND SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENTS' BILLING ACCOUNTS. X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 ANDREA CHAPDELAINE PRESIDENT (AS OF 7/1/2024) 250837 0 50000 0 0 0 18404 0 76341 0 395582 0 0 0 JOHN CRAMER FMR VP MARKETING & COMMUNICATIONS 223092 0 0 0 60411 0 22751 0 35267 0 341521 0 0 0 LESLIE E WONG FMR. INTERIM PRES. (THRU 6/24) 278752 0 0 0 0 0 23423 0 575 0 302750 0 0 0 DANIELLE EGAN DEAN OF FACULTY 228924 0 0 0 0 0 24819 0 46105 0 299848 0 0 0 JUSTIN WOLFRADT EXEC DIR FACILITIES MGMT PLAN 244761 0 0 0 0 0 18280 0 781 0 263822 0 0 0 VICTOR J ARCELUS DEAN OF STUDENTS 211149 0 0 0 0 0 18654 0 33550 0 263353 0 0 0 ERIKA J SMITH DEAN OF THE COLLEGE, VP OF RET. 204764 0 0 0 0 0 18891 0 25339 0 248994 0 0 0 REGINALD WHITE VP HR AND ORG. DEV. (THRU 8/24) 220714 0 0 0 0 0 15387 0 9364 0 245465 0 0 0 ANDREW K STRICKLER VP OF ADMISSIONS 206124 0 0 0 0 0 21096 0 15838 0 243058 0 0 0 KATHERINE BERGERON FORMER PRESIDENT 231512 0 0 0 0 0 0 0 3365 0 234877 0 0 0 JEFFREY E COLE FMR DEAN OF THE FACULTY & PROF. 129500 0 0 0 0 0 13995 0 33015 0 176510 0 0 0 LAUREN MIDDLETON SECRETARY OF THE COLLEGE 124122 0 0 0 0 0 7952 0 26363 0 158437 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. THE VALUE OF THE PRESIDENTIAL RESIDENCE ($60,204) IS TREATED AS NONTAXABLE COMPENSATION, AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (D). PART I, LINE 4A THE FORMER VP OF MARKETING AND COMMUNICATIONS RECIEVED A SEVERANCE PAYMENT AS REPORTED IN COLUMN B (III). PART I, LINE 7 THE ORGANIZATION PROVIDED PERFORMANCE-BASED BONUS COMPENSATION TO THE PRESIDENT PURSUANT TO HER EMPLOYMENT AGREEMENT AND AS DETERMINED BY THE BOARD OF TRUSTEES. THIS AMOUNT IS REPORTED IN PART II, COLUMN B(II). A CHEFA 2017 SERIES L-1 060806186 20774YQ67 2016-09-21 45060557 REFUND '07 BOND & FINANCE CONSTRUCTION 0 0 0 B CHEFA 2022 SERIES M 060806186 20775DSR4 2022-02-16 60825000 REFUND '14 BOND & FINANCE CONSTRUCTION 0 0 0 A 45060557 389511 15000000 29671046 2018 0 1 1 1 B 700000 66928676 526675 9283209 17285290 39833502 1 0 0 1 A 0 0 1 0 0 0.00020 0.00020 0 0 1 B 0 0 1 0 0 0.00020 0.00020 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 OTHER: SCHEDULE K, PART II, LINE 11 COLUMN A: THE OTHER SPEND PORCEEDS WERE USED TO REFUND BONDS ISSUED ON 7/18/2002. COLUMN B: THE OTHER SPENT PROCEEDS WERE USED FOR REDEMPTION OF PRIOR CHEFA SERIES J & K BONDS. OTHER: SCHEDULE K, PART IV, LINE 2C, COLUMN A: A REBATE CALCULATION WAS PERFORMED ON OCTOBER 25, 2021 FOR THE SERIES L-1 BOND. PART III, LINE 3B THE ORGANZIATION'S FINANCE OFFICE REVIEWED SERVICE CONTRACT(S) RELATING TO DEBT-FINANCED PROPERTY. X 127 2401000 SALES PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE TOTAL NUMBER CONTRIBUTIONS IN PART I, COLUMN B. FORM 990, PART I, LINE 1 AND PART III, LINE 1: DESCRIPTION OF ORGANIZATION MISSION CONNECTICUT COLLEGE VALUES ACADEMIC EXCELLENCE, DIVERSITY, EQUALITY, SHARED GOVERNANCE, EDUCATION OF THE ENTIRE PERSON, ADHERENCE TO COMMON ETHICAL AND MORAL STANDARDS, COMMUNITY SERVICE AND GLOBAL CITIZENSHIP, AND ENVIRONMENTAL STEWARDSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND A COMPLETE COPY OF THE FORM WAS PROVIDED TO THE AUDIT & RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. THE PUBLIC DISCLOSURE COPY OF THE RETURN (WHICH OMITS DONOR NAMES AND ADDRESSES FOR DONOR CONFIDENTIALITY) WAS MADE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND A TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. ANNUALLY, TRUSTEES WILL BE ASKED TO SIGN CONFLICT OF INTEREST STATEMENTS ASSURING THAT THEY HAVE NO CONFLICT OF INTEREST, AS DESCRIBED IN THE CONNECTICUT COLLEGE BYLAWS, ARTICLE XV. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY A COMMITTEE ON EXECUTIVE COMPENSATION COMPRISING THE CHAIR AND VICE CHAIRS OF THE BOARD IS EMPOWERED TO CONDUCT THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT AND TO RECOMMEND TO THE FULL BOARD THE COMPENSATION OF THE PRESIDENT. THIS COMMITTEE ALSO REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES AT THE COLLEGE AT THE TIME OF THEIR HIRE AND WHEN SIGNIFICANT INCREASES IN COMPENSATION ARE BEING CONTEMPLATED. THE COMMITTEE'S REVIEW AND APPROVAL OF THE COMPENSATION OF THE PRESIDENT AND KEY EMPLOYEES IS CONDUCTED IN ACCORDANCE WITH THE "INTERMEDIATE SANCTIONS" RULES OF THE IRS, UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE. THE COMMITTEE MEETS AS NEEDED AND REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE THE COLLEGE'S FORM 990, AUDITED FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,549,000. POSTRETIREMENT RELATED CHANGES OTHER THAN SERVICE COST -465,000. CONNECTICUT COLLEGE COMMUNITY RADIO INC 270 MOHEGAN AVENUE BOX 5256 NEW LONDON CT 06320 260117596 RADIO STATION CT 501(C)(3) LINE 7 N/A 1 OAKLEAF ENDOWMENT TRUST FOR CT COLLEGE 1800 IDS CENTER MINNEAPOLIS MN 55402 416429969 TRUST MN 501(C)(3) LINE 12A, I N/A 1 CONNECTICUT COLLEGE EMPLOYER-CONTRIBUTION 270 MOHEGAN AVENUE NEW LONDON CT 06320 047025787 VEBA CT 501(C)(9) N/A 1 ASSOCIATED KYOTO PROGRAM INC 173 WEST LORAIN AVENUE OBERLIN OH 44074 042996114 EDUCATION OH 501(C)(9) LINE 12C, III-FI N/A 0 PHI BETA KAPPA SOCIETY 270 MOHEGAN AVENUE NEW LONDON CT 06320 066103682 HONOR SOCIETY CT 501(C)(3) LINE 7 N/A 0 UNITRUST (1) CHARITABLE TRUST CT N/A T 1 CHARITABLE REMAINDER TRUST (8) CHARITABLE TRUST CT N/A T 1 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 CONNECTICUT COLLEGE EMPLOYER CONTRIBUTED VEBA B 275000 CONTRIBUTIONS OAKLEAF ENDOWMENT TRUST FOR CT COLLEGE C 240000 PAYMENT