2025-05-12T15:24:56+00:00 2024-06-30 990 2023-07-01 043236078 TUFTS UNIVERSITY EMPLOYEE BENEFIT TRUST TUFT 6176273816 80 George Street Attn Tax Dept Medford MA 02155 James M Hurley VP Finance & Treasurer 2025-05-12 2023 2025-03-06 01:10:19Z JAMES M HURLEY 80 George Street Attn Tax Dept Medford MA 02155 1868295 false X WWW.TUFTS.EDU X 1994 MA TO PROVIDE HEALTH INSURANCE BENEFITS TO RETIREES 3 0 0 0 0 0 398948 351926 732254 832133 0 1131202 1184059 0 1332878 1037116 0 0 0 65960 68289 1398838 1105405 -267636 78654 13260272 13975648 17071 98274 13243201 13877374 TO PROVIDE HEALTH INSURANCE BENEFITS FOR RETIRED EMPLOYEES false false 1105405 351926 PROVIDING HEALTH CARE BENEFITS FOR APPROXIMATELY 614 RETIRED EMPLOYEES 1105405 false false false false false false false false false false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 3 0 false false false false false false false true true false false true true true true true true false false false X Jonathan Pearsall Exec Director & University Controller 6176273816 80 George Street Medford MA 02155 James M Hurley CFO,VP-Finance & Treasurer 1.0 40.0 X 0 497027 52922 Jonathan Pearsall University Controller - Start Date 1/1/2024 1.0 40.0 X 0 323028 38565 Lisa Halpert Sr Director, Finance & Planning - END DATE 12/31/2023 1.0 40.0 X 0 236551 53804 Robbyn W Dewar Benefits Programs and Compliance Director 1.0 40.0 X 0 159525 42184 0 1216131 187475 4 false true false 0 0 PARTICIPANT CONTRIBUTIONS 900099 351926 351926 0 0 0 0 351926 503895 503895 0 0 1012474 684236 328238 0 328238 328238 0 0 0 0 0 1184059 1184059 0 0 1037116 1037116 64412 64412 0 0 0 0 Administrative Expenses 3877 3877 0 0 0 0 1105405 1105405 0 0 279309 338448 31512 28714 0 0 0 0 0 0 0 0 12949451 13608486 0 0 0 0 13260272 13975648 17071 98274 0 0 0 0 17071 98274 13243201 13877374 13243201 13877374 13260272 13975648 78654 555519 0 X false true X true 0 X 1675166 555519 0 555519 1119647 64412 0 64412 1184059 1040993 0 0 1040993 64412 0 64412 1105405 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the Plan and recognize a tax liability or (asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of June 30, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. false false false Robbyn W Dewar Benefits Programs and Compliance Director 0 157266 0 1653 0 606 0 17046 0 25138 0 201709 0 0 James M Hurley CFO,VP-Finance & Treasurer 0 468058 0 0 0 28969 0 41490 0 11432 0 549949 0 0 Lisa Halpert Sr Director, Finance & Planning - END DATE 12/31/2023 0 214082 0 0 0 22469 0 27130 0 26674 0 290355 0 0 Jonathan Pearsall University Controller - Start Date 1/1/2024 0 293361 0 0 0 29667 0 25091 0 13474 0 361593 0 0 Schedule J, Part II SCH J. PART II THE TUFTS UNIVERSITY EMPLOYEE BENEFIT TRUST (THE PLAN) DOES NOT HAVE ITS OWN EMPLOYEES. ALL DISCLOSED INDIVIDUALS ON SCHEDULE J ARE PAID EMPLOYEES OF THE PLAN SPONSOR, TRUSTEES OF TUFTS COLLEGE (TUFTS), WHICH IS ALSO A RELATED ORGANIZATION TO THE PLAN. Form 990, Part VI, Line 15 PROCESS USED TO DETERMINE COMPENSATION THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES. THE ORGANIZATION HAS THREE TRUSTEES WHO MAINTAIN AND MONITOR ALL ACTIVITIES. ALL OF THE TRUSTEES OF THE ORGANIZATION ARE ALSO PAID EMPLOYEES OF THE PLAN SPONSOR, TRUSTEES OF TUFTS COLLEGE. Form 990, Part VI, Line 11b Review of form 990 by governing body A COMPREHENSIVE DRAFT FORM 990 HAS BEEN PREPARED IN-HOUSE BY THE TAX OFFICE AND REVIEWED WITH THE ACCOUNTING DEPARTMENT USING THE CURRENT YEAR AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEREAFTER REVIEWED BY THE TAX DIRECTOR. THE RETURN IS THEN PROVIDED TO THE FULL GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy POLICIES RELATING TO CONFLICT OF INTEREST, WHISTLEBLOWER, BUSINESS CONDUCT AND RECORDS RETENTION ARE MAINTAINED AND PROMULGATED BY THE SPONSOR ORGANIZATION, TRUSTEES OF TUFTS COLLEGE (TUFTS). ALL TUFTS EMPLOYEES WORKING ON VEBA BUSINESS ARE REQUIRED TO ADHERE TO THESE POLICIES. ALSO, FOR ANNUAL MONITORING PURPOSES, TUFTS UNIVERSITY EMPLOYEE BENEFIT TRUST (THE TRUST), BEING A RELATED ORGANIZATION OF TUFTS, ADHERES TO THE SAME COMPLIANCE POLICY FOR DISCLOSURES REGARDING CONFLICTS OF INTEREST. WITH REGARD TO THE GOVERNING BODY OF THE TRUST, ONE OF THE THREE TRUSTEES, JAMES M. HURLEY, IS ALSO AN OFFICER OF (TUFTS). ALL TRUSTEES HAVE BEEN PROVIDED WITH ANNUAL DISCLOSURE FORMS WHICH ARE USED TO REVEAL CONFLICTS OF INTEREST(COI) FOR THE DIFFERENT POSITIONS HELD SUCH AS OFFICERS, HIGHLY COMPENSATED EMPLOYEES, KEY EMPLOYEES AND GOVERNING BOARD MEMBERS. THE COI DISCLOSURE FORMS ARE SENT OUT AFTER YEAR-END. UPON READING THE COI POLICY, EACH TRUSTEE IS REQUESTED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS WITH THE ORGANIZATION OR RELATED ORGANIZATIONS IN A STATEMENT THAT IS SIGNED AND DATED. ADDITIONALLY, FOR THE TWO REMAINING TRUSTEES OF THE TRUST, AN ELECTRONIC REQUEST TO REVEAL CONFLICTS OF INTEREST DISCLOSURES WERE PROVIDED AND WITH THE EXCEPTION OF BEING PAID EMPLOYEES OF TUFTS, THERE ARE NO CONFLICTS OF INTEREST DISCLOSURES FOR THE CURRENT PERIOD. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ALL ARE AVAILABLE UPON REQUEST. Form 990, Part VII, Section A, Line 1a, Column (E) COMPENSATION FROM RELATED ORGANIZATIONS A) TRUSTEE'S NAME: JAMES M. HURLEY B) NAME OF RELATED ORGANIZATION: TRUSTEES OF TUFTS COLLEGE C) RELATIONSHIP BETWEEN ORGANIZATIONS: SUPPORTED ORGANIZATION D) COMPENSATION DESCRIPTION: JAMES M. HURLEY, VP FINANCE & TREASURER - HE IS A FULL TIME EMPLOYEE OF THE TRUSTEES OF TUFTS COLLEGE. HE ALSO SERVES AS THE CHIEF FINANCIAL OFFICER AND IS COMPENSATED BY THE TRUSTEES OF TUFTS COLLEGE FOR THAT ROLE. A) TRUSTEE'S NAME: LISA HALPERT B) NAME OF RELATED ORGANIZATION: TRUSTEES OF TUFTS COLLEGE C) RELATIONSHIP BETWEEN ORGANIZATIONS: SUPPORTED ORGANIZATION D) COMPENSATION DESCRIPTION: LISA HALPERT, SR. DIRECTOR OF FINANCE & PLANNING, SHE IS A FULL TIME EMPLOYEE OF THE TRUSTEES OF TUFTS COLLEGE SERVING AS THE SR. DIRECTOR OF FINANCE & PLANNING. SHE IS ALSO COMPENSATED BY THE TRUSTEES OF TUFTS COLLEGE FOR THAT ROLE. A) TRUSTEE'S NAME: ROBBYN W. DEWAR B) NAME OF RELATED ORGANIZATION: TRUSTEES OF TUFTS COLLEGE C) RELATIONSHIP BETWEEN ORGANIZATIONS: SUPPORTED ORGANIZATION D) COMPENSATION DESCRIPTION: ROBBYN W. DEWAR, DIRECTOR OF BENEFITS, SHE WORKS FULL TIME AS A MEMBER OF THE HUMAN RESOURCES TEAM AND SUPPORTS EMPLOYEE BENEFITS AND THE DAILY BENEFITS OPERATIONS FOR THE TRUSTEES OF TUFTS COLLEGE AND THE TRUST. SHE IS AN EMPLOYEE OF THE TRUSTEES OF TUFTS COLLEGE AND IS COMPENSATED FOR THAT ROLE. A) TRUSTEE'S NAME: JONATHAN PEARSALL B) NAME OF RELATED ORGANIZATION: TRUSTEES OF TUFTS COLLEGE C) RELATIONSHIP BETWEEN ORGANIZATIONS: SUPPORTED ORGANIZATION D) COMPENSATION DESCRIPTION: JONATHAN PEARSALL, EXECUTIVE DIRECTOR AND UNIVERSITY CONTROLLER - HE IS A FULL TIME EMPLOYEE OF THE TRUSTEES OF TUFTS COLLEGE. HE ALSO SERVES AS THE UNIVERSITY CONTROLLER AND IS COMPENSATED BY THE TRUSTEES OF TUFTS COLLEGE FOR THAT ROLE. TRUSTEES OF TUFTS COLLEGE 80 GEORGE STREET MEDFORD MA 02155 042103634 EDUCATION MA 501(c)(3) 2 NA false THE OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST 80 GEORGE STREET MEDFORD MA 02155 043828582 INVESTMENT IN POSITIVE SOCIETAL CHANGE MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE true WALNUT HILL PROPERTIES CORP PO BOX 53 TRUSTEES OF TUFTS COLLEGE MEDFORD MA 02153 043419100 REAL ESTATE MANAGEMENT MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE true TUFTS SHARED SERVICES INC 171 HARRISON AVE PO BOX 634 BOSTON MA 02111 237000827 COORDINATE HEALTH & EDUCATIONAL SERVICES MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE true TUFTS VETERINARY (SEE ATTACHED) 200 WESTBOROUGH ROAD NORTH GRAFTON MA 02158 043430674 VETERINARY EMERGENCY TREATMENT & CARE MA 501(c)(3) 10 TRUSTEES OF TUFTS COLLEGE true TUFTS GLOBAL INC 80 GEORGE STREET MEDFORD MA 02155 474543971 FOREIGN OPERATIONS SUPPORT ORGANIZATION MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE true CIVIC EDUCATION FOUNDATION 80 GEORGE STREET MEDFORD MA 02155 046111643 RAISE CIVIC AWARENESS MA 501(c)(3) 10 TRUSTEES OF TUFTS COLLEGE true JM HOLDINGS INC 80 George Street Medford MA 02155 043184043 REAL ESTATE DEVELOPMENT MA TRUSTEES OF TUFTS COLLEGE C Corporation 6044 30723 1 true PERPETUAL TRUSTS - (7) SUPPORT MA TRUSTEES OF TUFTS COLLEGE Trust false CHARITABLE REMAINDER UNITRUSTS - (25) SUPPORT MA TRUSTEES OF TUFTS COLLEGE Trust false CHARITABLE LEAD TRUSTS - (1) SUPPORT MA TRUSTEES OF TUFTS COLLEGE Trust false TUFTS UNIVERSITY CHARITABLE TRUST 80 George Street Medford MA 02155 516581922 SUPPORT HK TRUSTEES OF TUFTS COLLEGE Trust 138234 1.00 true BRAINGATE INC 80 George Street Medford MA 02155 475489178 PATENT HOLDINGS MA TRUSTEES OF TUFTS COLLEGE C Corporation 90000 1.00 true false false false false false false false false false false false false false false true true true false false Schedule R, Part IV, Column (a) TRUSTS THE PERPETUAL AND CHARITABLE REMAINDER TRUSTS AND CHARITABLE LEAD TRUSTS ARE DOMICILED IN CALIFORNIA, MASSACHUSETTS, NEW JERSEY, AND TEXAS. Schedule R, Part II, Column (a) TUFTS VETERINARY TUFTS VETERINARY EMERGENCY TREATMENT & SPECIALTIES INC.