2024-05-06T10:17:19-05:00 2023-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DRIVE 3RD FLOOR CHRISTIANSBURG VA 24073 990 2022-07-01 530196640 TRINITY COLLEGE TRIN 2028849120 125 MICHIGAN AVENUE NE WASHINGTON DC 200171004 PATRICIA MCGUIRE PRESIDENT 2028849526 2024-04-25 1 PATRICIA MCGUIRE 999009999 0 MARK WOOLWINE P00647446 5404433606 2024-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TRINITY WASHINGTON UNIVERSITY PATRICIA MCGUIRE 125 MICHIGAN AVENUE NE WASHINGTON DC 200171004 58518426 0 X WWW.TRINITYDC.EDU X 1897 DC TRINITY IS A COMPREHENSIVE INSTITUTION OFFERING A BROAD RANGE OF EDUCATIONAL PROGRAMS THAT PREPARE STUDENTS ACROSS THE LIFESPAN FOR THE INTELLECTUAL, ETHICAL, AND SPIRITUAL DIMENSIONS OF CONTEMPORARY WORK, CIVIC AND FAMILY LIFE. 18 17 656 0 108443 0 16467618 20468724 36423660 35639044 4578285 1049579 567758 541426 58037321 57698773 13533048 13145520 0 0 21237284 22187283 0 0 907839 18123152 15293344 52893484 50626147 5143837 7072626 136521274 146702245 30150022 30709360 106371252 115992885 X TO EXPAND ON THE MISSION STATEMENT MADE ON PAGE 1, TRINITY'S CORE MISSION VALUES AND CHARACTERISTICS EMPHASIZE: 1)COMMITMENT TO THE EDUCATION OF WOMEN IN A PARTICULAR WAY THROUGH THE DESIGN AND PEDAGOGY OF THE HISTORIC UNDERGRADUATE WOMEN'S COLLEGE, AND BY ADVANCING PRINCIPLES OF EQUITY, JUSTICE, AND HONOR IN THE EDUCATION OF WOMEN AND MEN IN ALL OTHER PROGRAMS; 2)FOUNDATION FOR LEARNING IN THE LIBERAL ARTS THROUGH THE CURRICULUM DESIGN IN ALL UNDERGRADUATE DEGREE PROGRAMS AND THROUGH EMPHASIS ON THE KNOWLEDGE, SKILLS, AND VALUES OF LIBERAL LEARNING IN ALL GRADUATE AND PROFESSIONAL PROGRAMS; 3)INTEGRATION OF LIBERAL LEARNING WITH PROFESSIONAL PREPARATION THROUGH APPLIED AND EXPERIENTIAL LEARNING OPPORTUNITIES IN ALL PROGRAMS; AND 4)GROUNDING IN THE MISSION OF THE SISTERS OF NOTRE DAME DE NAMUR AND THE CATHOLIC TRADITION, WELCOMING PERSONS OF ALL FAITHS, TO ACHIEVE THE LARGER PURPOSES OF LEARNING IN THE HUMAN SEARCH FOR MEANING AND FULFILLMENT. 0 0 19896613 35767422 INSTRUCTION - EXPENSES INCLUDE SALARY AND BENEFITS FOR FULL-TIME FACULTY AND ADJUNCT FACULTY MEMBERS. DURING THE ACADEMIC YEAR, TRINITY HAD APPROXIMATELY 4000 STUDENTS ENROLLED IN ITS THREE SCHOOLS. TRINITY MAINTAINS A VERY LOW STUDENT TO FACULTY RATIO. 13145520 13145520 STUDENT FINANCIAL AID - EXPENSES INCLUDE AID PROVIDED THROUGH UNFUNDED SCHOLARSHIPS AND DISCOUNTS AND RESTRICTED SCHOLARSHIPS (TERM AND ENDOWMENT). AS DISCLOSED ELSEWHERE IN THE 990, APPROXIMATELY 1,700 TRINITY STUDENTS RECEIVED SOME PORTION OF STUDENT FINANCIAL AID DURING THE ACADEMIC YEAR. 6617083 STUDENT SERVICES - EXPENSES INCLUDE ATHLETICS AND RECREATION, ADMISSIONS, REGISTRAR'S OFFICE, HEALTH AND COUNSELING, STUDENT LIFE AND CAMPUS HOUSING STAFF AND PROGRAMS, FINANCIAL AID, AND CAMPUS MINISTRY. AUXILIARY ENTERPRISES - THE COLLEGE'S DORMITORIES, DINING HALL AND THE TRINITY CENTER FOR WOMEN AND GIRLS IN SPORTS ARE THE MAJOR AUXILIARY ENTERPRISES SERVING THE CAMPUS COMMMUNITY. STUDENTS HAVE LIVING QUARTERS IN FOUR BUILDINGS ON CAMPUS. ACADEMIC SUPPORT INCLUDES A 200,000 VOLUME ON-LINE LIBRARY, COMPUTER CENTER AND ADMINISTRATIVE OFFICE. 39659216 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 0 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 0 0 0 0 1 3700 0 1 656 1 1 1 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X X X THE ORGANIZATION 2028849518 125 MICHIGAN AVENUE NE WASHINGTON DC 20017 PATRICIA A MCGUIRE PRESIDENT 40.00 X X 264921 0 23626 ROSEMARY REYNOLDS SND BOARD TRUSTEE 1.00 X 0 0 0 NICOLE LYNN LEWIS BOARD TRUSTEE 1.00 X 0 0 0 MARGARET DUNNING BOARD TRUSTEE 1.00 X 0 0 0 LORETTA WALKER BOARD TRUSTEE 1.00 X 0 0 0 LOIS WIMS BOARD TRUSTEE 1.00 X 0 0 0 LINDA TALLEY BOARD TRUSTEE 1.00 X 0 0 0 LARRY SAVOY BOARD TRUSTEE 1.00 X 0 0 0 JUSTIN BULLION BOARD TRUSTEE 1.00 X 0 0 0 JOHN LEARY BOARD TRUSTEE 1.00 X 0 0 0 IRENE HORSTMANN HANNAN TRUSTEE EMERITA 1.00 X 0 0 0 HOLLY KIMMITT TRUSTEE EMERITA 1.00 X 0 0 0 DANIELLE CARR RAMDATH BOARD TRUSTEE 1.00 X 0 0 0 CARLOTTA ARTHUR BOARD TRUSTEE 1.00 X 0 0 0 BEN ROSE BOARD TRUSTEE 1.00 X 0 0 0 BARBARA GUTIERREZ SND BOARD TRUSTEE 1.00 X 0 0 0 BARBARA GLYNN TRUSTEE EMERITA 1.00 X 0 0 0 ALICE SINGDAHLSEN BOARD TRUSTEE 1.00 X 0 0 0 AMY FREEMAN BOARD CHAIR 2.00 X X 0 0 0 TONYA ESPOSITO BOARD TRUSTEE 1.00 X 0 0 0 WENDY SCOTT BOARD TRUSTEE 1.00 X 0 0 0 WALTER BROOKS FORMER VP OF BUSINESS OFFICE 40.00 X 127522 0 12355 GRANT GONZALEZ CHIEF FINANCIAL OFFICER 40.00 X 135833 0 135 ANN E PAULEY VP INSTITUTIONAL ADVANCEMENT 40.00 X 152337 0 24273 CARLOTA OCAMPO VP ACADEMIC AFFAIRS/PROVOST 40.00 X 195700 0 18595 BRIGID NOONAN DEAN SCHOOL OF NURSING & HEALTH 40.00 X 164800 0 16944 MICHAEL BURBACK VP/CHIEF TECHNOLOGY OFFICER 40.00 X 170580 0 23652 MONICA MOORE VP FOR ADMISSIONS 40.00 X 176557 0 5238 SITA RAMAMURTI DEAN COLLEGE OF ARTS & SCIENCES 40.00 X 180250 0 11589 PATRICK KELLOGG CHIEF DEVELOPMENT OFFICER 40.00 X 184975 0 15295 1753475 0 151702 42 0 1 0 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 FACILITIES CONTRACT SERVICES 3558772 METZ CULINARY MANAGEMENT 2 WOODLAND DR DALLAS TX 18612 MEAL SERVICES/FOOD EXPENSE 1823851 ALLIED UNVERSAL 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19428 SECURITY SERVICES 1117910 SUNNY'S COACH SERVICES 23765 PEBBLE RUN PL STE 100 STERLING VA 20166 CAMPUS SHUTTLE SERVICE 324194 AMERICAN POOL 11155 DOLFIELD BLVD STE 216 OWINGS MILLS MD 21117 POOL MAINTENANCE 166273 9 1758521 18710203 531594 20468724 TUITION AND FEES 611310 33224153 33224153 ROOM AND BOARD 721310 2079722 2079722 CONFERENCES AND WKSHPS 611710 335169 335169 35639044 1869232 1869232 304605 0 304605 304605 304605 819653 -819653 -819653 -819653 MISCELLANEOUS 611110 128378 128378 ATHLETIC MBRSHP FEES 713940 108443 108443 236821 57698773 35767422 108443 1354184 13145520 13145520 876313 876313 18161852 14307489 3158117 696246 553340 350372 170614 32354 1181667 870322 279586 31759 1414111 991437 373355 49319 86551 86551 84170 84170 107627 107627 226760 103299 105918 17543 633663 587785 44267 1611 2124142 1773648 350494 106821 85006 11866 9949 838942 671154 167788 1521530 1280219 241311 592569 19140 573429 PROFESSIONAL FEES 5532898 2733367 2765456 34075 FOOD SERVICE 1298995 1196494 102501 MISCELLANEOUS 1040808 634165 376104 30539 COVID CARES GRANT 495469 495469 602399 414330 183625 4444 50626147 39659216 10059092 907839 15132707 12840349 2138775 1958185 5360870 10899067 52944 52944 494997 381754 86055498 37798417 49500274 48257081 17896627 20618458 32069287 38284182 13874793 13410225 136521274 146702245 2152822 3516904 1959034 2080183 22936166 22212273 1313492 1123493 1788508 1776507 30150022 30709360 X 69029299 67664946 37341953 48327939 106371252 115992885 136521274 146702245 X 7072626 3039883 -490876 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 37262062 21803 2891227 1241932 38933160 47419689 239321 -5379753 3084442 1932753 37262062 31123067 9138318 7841525 483563 199658 47419689 30617526 20552 3173483 1597703 1090791 31123067 29158011 49754 2030529 431757 189011 30617526 0.21135 0.61637 0.17228 1 0 83218 83218 74452156 27191811 47260345 8873912 8739665 134247 2646212 1866941 779271 48257081 CASH AND TEMPORARY INVESTMENTS 34659060 F ALTERNATIVE ASSETS 3625122 F 38284182 FUNDS HELD IN TRUST BY OTHERS 13410225 13410225 ASSET RETIREMENT OBLIGATION 1776507 1776507 X 46994633 3039883 -490876 2549007 44445626 107627 13145520 13253147 57698773 37373000 0 37373000 107627 13145520 13253147 50626147 PART III, LINE 4: TRINITY'S ART COLLECTION DERIVES PRIMARILY FROM A 1904 GIFT OF NUMEROUS OIL PAINTINGS AND ECLECTIC ITEMS FROM MRS. MYLES O'CONNOR. THE PAINTINGS ARE REPRODUCTIONS OF MASTERS, AND ARE NOT PARTICULARLY VALUABLE. THE COLLECTION IS MAINTAINED IN THE ART GALLERY, WHICH WAS BUILT FOR MRS. O'CONNOR'S COLLECTION IN 1904-1906. THE COLLECTION SUPPORTS TRINITY'S PROGRAM IN ART HISTORY. PART V, LINE 4: TRINITY INTENDS TO USE THESE ENDOWMENT FUNDS MAINLY THROUGH THE GRANTING OF SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEDERAL FORM 990S OF THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FMV OF SWAP AGREEMENT -48,623. CHANGE IN FMV VALUE OF FUNDS HELD BY OTHERS -464,568. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 22,315. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE/FINANCIAL AID 13,145,520. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE/FINANCIAL AID 13,145,520. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 TRINITY PUBLISHES ITS "STATEMENT OF NONDISCRIMINATION" ON THE INSIDE COVER OF EACH OF THE COLLEGE'S CATALOGS AND PUBLICLY ON ITS WEBSITE AT HTTP://WWW.TRINITYDC.EDU/ACADEMIC-CATALOG/. THE NON-DISCRIMINATION POLICY FOR FACULTY AND STAFF IS CONTAINED AS PART OF THE EMPLOYEE HANDBOOK AT HTTP://WWW.TRINITYDC.EDU/HR/EMPLOYEE-HANDBOOK-PREFACE/. SCHEDULE E, PART I, LINE 6 TRINITY RECEIVES FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION UNDER THE FOLLOWING STUDENT FINANCIAL ASSISTANCE PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL WORK-STUDY, FEDERAL DIRECT LENDING, FEDERAL PELL GRANTS, FEDERAL ACADEMIC COMPETITIVENESS GRANT, AND FEDERAL SCIENCE AND MATHEMATICS ACCESS TO RELATE TALENT GRANT. THE COLLEGE'S RIGHT TO SUCH AID HAS NEVER BEEN REVOKED. THE COLLEGE RECEIVED HIGHER EDUCATION EMERGENCY RELIEF FUNDING (CARES ACT) AND AN ADDITIONAL GRANT FROM THE U.S. DEPARTMENT OF EDUCATION FOR MINORITY SERVING INSTITUTIONS. 1 COLLEGE OF ARTS AND SCIENCES UNRESTRICTED SCHOLARSHIPS 832 8968065 ENDOWED SCHOLARSHIPS 113 492681 SCHOOL OF EDUCATION TUITION DISCOUNTS 1 300 SCHOOL OF NURSING AND HEALTH TUITION DISCOUNTS 1 378 SCHOOL OF PROFESSIONAL STUDIES TUITION DISCOUNTS 33 26620 SEOG GRANT 128 270302 TERM SCHOLARSHIPS 478 3387174 PART I, LINE 2: TRINITY PARTICIPATES IN THE FEDERAL TITLE IV FINANCIAL AID PROGRAMS, AND FOLLOWS THE PROCEDURES PRESCRIBED BY THE US DEPARTMENT OF EDUCATION RELATED TO THE DISBURSEMENT OF TITLE IV FUNDS, INSTITUTIONAL AWARDS, AND SCHOLARSHIPS AND ASSISTANCE FROM OTHER SOURCES. THESE PROCEDURES INCLUDE ENSURING THAT STUDENTS COMPLETE A FAFSA EACH ACADEMIC YEAR, COMPLETING THE VERIFICATION REQUIREMENTS, CALCULATING SATISFACTORY ACADEMIC PROGRESS, AND ENSURING THAT STUDENTS WHO WITHDRAW OR STOP ATTENDING ARE REVIEWED AND HANDLED AS PRESCRIBED BY THE DEPARTMENT OF EDUCATION. X X X X 0 0 0 0 0 0 0 0 0 PATRICIA A MCGUIRE PRESIDENT 264921 0 0 0 0 0 15895 0 7731 0 288547 0 0 0 CARLOTA OCAMPO VP ACADEMIC AFFAIRS/PROVOST 195700 0 0 0 0 0 11742 0 6853 0 214295 0 0 0 PATRICK KELLOGG CHIEF DEVELOPMENT OFFICER 184975 0 0 0 0 0 8824 0 6471 0 200270 0 0 0 MICHAEL BURBACK VP/CHIEF TECHNOLOGY OFFICER 170580 0 0 0 0 0 10235 0 13417 0 194232 0 0 0 SITA RAMAMURTI DEAN COLLEGE OF ARTS & SCIENCES 180250 0 0 0 0 0 10815 0 774 0 191839 0 0 0 MONICA MOORE VP FOR ADMISSIONS 176557 0 0 0 0 0 0 0 5238 0 181795 0 0 0 BRIGID NOONAN DEAN SCHOOL OF NURSING & HEALTH 164800 0 0 0 0 0 9888 0 7056 0 181744 0 0 0 ANN E PAULEY VP INSTITUTIONAL ADVANCEMENT 152337 0 0 0 0 0 9140 0 15133 0 176610 0 0 0 A DISTRICT OF COLUMBIA REVENUE REFUNDING BOND SERIES 2022 536001131 2022-09-28 22530000 REFINANCE SERIES 2014 BONDS 0 0 0 A 22530000 22530000 2022 1 0 1 1 A 0 0 1 0 1 0 0 0 0 A 0 X 8 531594 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE GOVERNING BODY, AND ALL BOARD MEMBERS ARE INVITED TO PARTICIPATE IN A FORMAL REVIEW MEETING CONDUCTED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C TRINITY HAS VIGOROUS CONFLICT OF INTEREST POLICIES COVERING THE BOARD OF TRUSTEES, FACULTY AND STAFF. THE BOARD OF TRUSTEES MEMBERS SUBMIT ANNUAL CONFLICT OF INTEREST STATEMENTS AND THESE ARE REVIEWED BY LEGAL COUNSEL, WHO REPORTS RESULTS TO THE AUDIT COMMITTEE. STAFF IS COVERED BY THE CONFLICT OF INTEREST POLICY IN THE EMPLOYEE HANDBOOK, AND EXECUTIVE STAFF ALSO SUBMIT WRITTEN STATEMENTS TO THE PRESIDENT. THE PRESIDENT REVIEWS ANY POTENTIAL CONFLICTS WITH LEGAL COUNSEL. FACULTY IS COVERED BY THE CONFLICT OF INTEREST POLICY IN THE FACULTY HANDBOOK. FACULTY ALSO COMPLETE WRITTEN DECLARATIONS, WHICH ARE REVIEWED BY THE PRESIDENT AND ANY POTENTIAL CONFLICTS ARE REVIEWED WITH LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 FOR THE PRESIDENT, AN INDEPENDENT REVIEW COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPENSATION AND COMPARABILITY DATA FROM TRINITY'S BENCHMARK COMPARISON COHORT. FOR OTHER OFFICERS (THE CHIEF FINANCIAL OFFICER AND THE CHIEF ACADEMIC OFFICER), THE BOARD REVIEWS AND APPROVES APPOINTMENTS AND COMPENSATION AT THE RECOMMENDATION OF THE PRESIDENT, AND COHORT COMPARISON SALARY DATA IS ALSO USED. THE PRESIDENT PROVIDES ANNUAL REPORTS TO THE BOARD OF TRUSTEES ON EXECUTIVE COMPENSATION FOR ALL SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND 990T ARE AVAILABLE ON GUIDESTAR.ORG OR UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL ITEMS ARE AVAILABLE ON TRINITY'S WEBSITE. THE GOVERNING DOCUMENTS CAN BE FOUND AT HTTP://WWW.TRINITYDC.EDU/POLICIES/, ALONG WITH THE CONFLICT OF INTEREST POLICY, WHICH IS DISCUSSED UNDER THE GENERAL "RISK MANAGEMENT" POLICY. THE CONFLICT OF INTEREST POLICY IS ALSO DISCUSSED IN THE EMPLOYEE HANDBOOK, AT HTTP://WWW.TRINITYDC.EDU/HR/EMPLOYEE-HANDBOOK-PART-III/#E. IN ADDITION, TRINITY'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT HTTP://WWW.TRINITYDC.EDU/FINANCES/ FORM 990, PART XI, LINE 9: CHANGE IN FMV OF SWAP AGREEMENT -48,623. CHANGE IN FMV VALUE OF FUNDS HELD BY OTHERS -464,568. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 22,315. FORM 990 PART XII, LINE 2C THE AUDIT COMMITTEE ASSISTS THE BOARD IN ITS OVERSIGHT OF THE INTEGRITY OF THE FINANCIAL STATEMENTS OF THE COLLEGE, OF THE QUALITY AND EFFICACY OF FINANCIAL CONTROLS, OF THE COLLEGE'S COMPLIANCE WITH LEGAL AND REGULATORY REQUIREMENTS, OF THE INDEPENDENCE AND QUALIFICATIONS OF THE INDEPENDENT AUDITOR, WHICH THE BOARD RETAINS UPON THE RECOMMENDATION OF THE AUDIT COMMITTEE. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE ANNUAL AUDIT, RECEIVING THE REPORT OF THE AUDITORS AND REPORTING THE RESULTS OF THE AUDIT TO THE BOARD IN A TIMELY WAY. THE AUDIT COMMITTEE CONSISTS OF NO FEWER THAN THREE (3) INDEPENDENT TRUSTEES, APPOINTED BY THE CHAIR OF THE BOARD, WHO HAVE THE REQUISITE FINANCIAL AND AUDIT EXPERTISE TO FULFILL THE DUTIES OF THE COMMITTEE. THE PRESIDENT MAY NOT SERVE AS A MEMBER OF THE AUDIT COMMITTEE, BUT THE COMMITTEE MAY REQUEST THAT THE PRESIDENT ATTEND PORTIONS OF MEETINGS AS NECESSARY. THE CHIEF FINANCIAL OFFICER AND VICE PRESIDENT FOR FINANCIAL AFFAIRS IS THE STAFF LIAISON TO THE AUDIT COMMITTEE BUT IS NOT A MEMBER OF THE COMMITTEE.