2026-04-10T12:52:22-05:00 2025-05-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-06-01 042199867 CURRY COLLEGE CURR 6173332302 1071 BLUE HILL AVENUE MILTON MA 02186 STEPHEN NEDDER CFO 6173332302 2026-04-10 1 1 LAURA J KENNEY P00202198 6177170831 2026-04-01 2024 2025-03-06 01:10:19Z JAY GONZALEZ 1071 BLUE HILL AVENUE MILTON MA 02186 156306536 0 X WWW.CURRY.EDU X 1879 MA THE CURRY COLLEGE MISSION IS TO EDUCATE AND GRADUATE STUDENTS PREPARED TO ENGAGE IN SUCCESSFUL CAREERS AND ACTIVE CITIZENSHIP WITH A GLOBAL PERSPECTIVE. WE ARE AN INCLUSIVE COMMUNITY OF DIVERSE LEARNERS AND EDUCATORS, COMMITTED TO CONTINUING OUR LEGACY OF DEVELOPING EFFECTIVE COMMUNICATORS WITH REFLECTIVE AND CRITICAL THINKING SKILLS. WE MENTOR AND EMPOWER OUR STUDENTS, BUILDING MEANINGFUL RELATIONSHIPS THAT INSPIRE THEM TO ACHIEVE THEIR AMBITIONS. 13 12 1341 20 0 0 4603716 2900642 99759660 105893218 4243844 3852625 1574476 879654 110181696 113526139 41531843 46013840 0 0 44880175 44329662 0 0 1502837 35985968 36157316 122397986 126500818 -12216290 -12974679 197493914 186146272 76915300 73565876 120578614 112580396 X CURRY COLLEGE IS AN INCLUSIVE COMMUNITY OF DIVERSE LEARNERS AND EDUCATORS, COMMITTED TO CONTINUING OUR LEGACY OF DEVELOPING EFFECTIVE COMMUNICATORS WITH REFLECTIVE AND CRITICAL THINKING SKILLS. 0 0 98208490 46013840 82420558 INSTRUCTION - FOUNDED IN 1879, CURRY COLLEGE IS A 146 YEAR OLD PRIVATE, INDEPENDENT INSTITUTION GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 2,000 FULL AND PART TIME STUDENTS. THE COLLEGE OFFERS 40 UNDERGRADUATE DEGREES AND 6 MASTERS DEGREES. THE COLLEGE DRAWS ITS STUDENTS FROM 33 STATES AND 10 COUNTRIES. THE COMBINED FACULTY AND STAFF AT CURRY TOTAL APPROXIMATELY 678. 7628948 0 23021807 AUXILIARY ENTERPRISES - CURRY COLLEGE PROVIDES HOUSING AND MEAL SERVICES TO STUDENTS. MORE THAN 1,130 STUDENTS RESIDE ON CAMPUS IN 18 DIFFERENT RESIDENCE HALLS. 4901829 0 0 ACADEMIC SUPPORT - CURRY COLLEGE ACADEMICALLY SUPPORTS STUDENTS WITH OUR ACADEMIC ENRICHMENT CENTER, ACCESSABILITY SERVICES, ACADEMIC COMPUTING, ACADEMIC DEAN'S OFFICE, CAMPUS LIBRARY, CAREER SERVICES, AND ADVISING. 4288829 0 450853 ATHLETICS AND STUDENT SERVICES - CURRY COLLEGE OFFERS A WIDE VARIETY OF EXTRA AND COCURRICULAR ACTIVITIES. THESE INCLUDE 19 DIVISION III NCAA MENS AND WOMENS ATHLETIC TEAMS, 7 CLUB TEAMS, 9 INTRAMURAL SPORTS AND APPROXIMATELY 32 STUDENT CLUBS AND GROUPS. 4288829 0 450853 115028096 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 2966 0 1 1341 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK CO MA MI NV NY SC WA X STEPHEN NEDDER EXECUTIVE VICE PRESIDENT CFO 6173332082 1071 BLUE HILL AVENUE MILTON MA 02186 JUAN GONZALEZ PRESIDENT 40.00 X X 487809 0 91185 DAVID K HEMENWAY CHAIR 1.00 X X 0 0 0 KENNETH WAGNER VICE-CHAIR 1.00 X X 0 0 0 DR JOHN J SANTILLI SECRETARY/CLERK 1.00 X X 0 0 0 DR RUTH ELLEN FITCH TREASURER (UNTIL 05/2025) 1.00 X X 0 0 0 PETER THURMOND TRUSTEE, TREASURER (AS OF 05/2025) 1.00 X X 0 0 0 ARTHUR BERNARD TRUSTEE 1.00 X 0 0 0 KIERAN CLARKE TRUSTEE 1.00 X 0 0 0 SUSAN GRIFFIN TRUSTEE 1.00 X 0 0 0 JOHN T MAHONEY III ESQ TRUSTEE 1.00 X 0 0 0 ANNE MARGULIES TRUSTEE 1.00 X 0 0 0 DR JOYCE A MURPHY TRUSTEE (UNTIL 09/2024) 1.00 X 0 0 0 JOSEPH P PLUNKETT III TRUSTEE (UNTIL 06/2025) 1.00 X 0 0 0 CHRISTINE PULGINI TRUSTEE 1.00 X 0 0 0 KATHRYN SARDELLA TRUSTEE (UNTIL 06/2025) 1.00 X 0 0 0 ANDREW WRUBLIN TRUSTEE (UNTIL 09/2024) 1.00 X 0 0 0 KENNETH K QUIGLEY PRESIDENT (UNTIL 8/2024) 0.00 X 338903 0 48441 STEPHEN J NEDDER EXECUTIVE VP ADMIN & FINANCE/CFO 40.00 X 241428 0 43839 ROBERT E SHEA PROVOST & VP FOR ACADEMIC AFFAIRS 40.00 X 238645 0 49471 MARK H NESTOR CHIEF INFORMATION OFFICER 40.00 X 344654 0 100449 ANN CATHERINE MCCABE DEAN 40.00 X 219760 0 51998 DEBRA A PETRIZZO WILKINS PROFESSOR 40.00 X 213875 0 50404 ALISON POOR-DONAHUE PROFESSOR 40.00 X 211234 0 46491 SAMARIA STALLINGS VP OF HUMAN RESOURCES(UNTIL 11/2024) 40.00 X 180459 0 34280 2476767 0 516558 107 0 1 0 SODEXO INC AND AFFLILIATES PO BOX 360170 PITTSBURGH PA 15251 DINING/FOOD SERVICES 7083382 MCGARR SERVICE CORPORATION 233 NEEDHAM STREET SUITE 530 NEWTON MA 02464 HOUSEKEEPING SERVICES 1903180 CARNEGIE DARTLET LLC 210 LITTLETON ROAD SUITE 100 WESTFORD MA 01886 MARKETING AND DESIGN SERVICES 1392154 ABSOLUTE GENERAL CONTRACTING INC 75 STANDISH ROAD MILTON MA 02186 GENERAL CONTRACTOR 396494 WINDWALKER GROUP 529 MAIN ST SUITE P200 CHARLESTOWN MA 02129 SECURITY SERVICES 383651 13 23650 151647 2725345 5765 2900642 TUITION AND FEES 900099 83761870 83761870 RESIDENCE HALLS 721000 12911870 12911870 MEAL PLANS 722320 9115664 9115664 BOOKSTORE 459210 103814 103814 105893218 2119618 2119618 1335 1335 44464033 28866 42740420 19472 1723613 9394 1733007 1733007 19095 23650 20505 -1410 -1410 SPORTS CAMP REVENUE 900099 255968 255968 FACILITIES REVENUE 900099 168222 168222 455539 455539 879729 113526139 105893218 0 4732279 X 110000 110000 45903840 45903840 2264798 969810 1294988 32603419 30074691 1819916 708812 2088834 1416685 629686 42463 4878011 4391605 387244 99162 2494600 1691883 752006 50711 802884 802884 69098 69098 308378 308378 13832014 11889054 1758449 184511 904018 904018 467478 235514 219454 12510 2937941 2855312 76090 6539 293152 293095 57 226269 203452 19404 3413 201026 166030 29900 5096 1689704 1590130 62639 36935 7327204 7067315 162089 97800 958210 958210 UTILITIES & MAINTENANCE 3567368 3149448 293394 124526 EVENTS 1152149 947478 112051 92620 INSTRUCTIONAL SUPPLIES 677641 677641 FOOD 356274 292984 34649 28641 386508 198111 179299 9098 126500818 115028096 9969885 1502837 1225351 2548533 4398173 1559120 4468523 4584291 2197325 2094195 299027 286615 1024574 945998 225898684 135011332 95396866 90887352 72512522 56834735 15971553 26405433 197493914 186146272 10138787 10098936 3831570 4085147 62054044 58396455 890899 985338 76915300 73565876 X 111649406 103140208 8929208 9440188 120578614 112580396 197493914 186146272 -12974679 4976461 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88484075 249041 8292052 368073 13416927 83240168 88342735 42000 14578816 112690 14366786 88484075 91414240 44646 -702181 48341 2365659 88342705 99259350 4652764 -8154892 176276 4166706 91414240 90354283 620193 30087623 97537 21705212 99259350 0.93770 0.03020 0.03210 0 0 2564911 2564911 169497790 87718903 81778887 830945 608727 222218 27790434 25983444 1806990 25214604 20700258 4514346 90887352 ALTERNATIVE INVESTMENTS 26405433 F 26405433 GOVERNMENT ADVANCES - STUDENT LOANS 689518 RIGHT OF USE LIABILITIES 295820 985338 X 72180383 4976461 4976461 67203922 308378 46013839 46322217 113526139 80178601 0 80178601 308378 46013839 46322217 126500818 PART V, LINE 4: THE COLLEGE INTENDS TO USE ALL OF ITS ENDOWMENT FUNDS IN SUPPORT OF ITS EXEMPT PURPOSE. RESTRICTED FUNDS WILL BE USED IN A MANNER CONSISTENT WITH DONOR RESTRICTIONS FOR SCHOLARSHIPS, FACILITIES SUPPORT, AND VARIOUS STUDENT SERVICES. UNRESTRICTED FUNDS WILL BE USED AS DIRECTED AND APPROVED BY THE COLLEGE'S GOVERNING BOARD. PART X, LINE 2: THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 46,013,839. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 46,013,839. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CURRY COLLEGE IS AN INDEPENDENT NONSECTARIAN INSTITUTION THAT ADMITS STUDENTS WHO HAVE THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND TO MEET THE REQUIREMENTS OF THE COLLEGE. NO STUDENT IS DENIED ADMISSION ON THE GROUNDS OF RACE, RELIGION, COLOR, SEX, AGE, ETHNIC OR NATIONAL ORIGIN OR ANCESTRY, PHYSICAL OR MENTAL DISABILITY, PREGNANCY, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, GENETIC INFORMATION, VETERAN OR MILITARY STATUS, MEMBERSHIP IN THE UNIFORMED SERVICES, OR ANY OTHER PROTECTED STATUS AND PROVIDED THAT HE OR SHE HAS THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND. THIS INFORMATION IS PUBLISHED IN VARIOUS LITERATURE PROMOTING THE COLLEGE AND THE ANNUAL CURRY COLLEGE COURSE CATALOG. THE COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON THE HOMEPAGE OF ITS WEBSITE AT WWW.CURRY.EDU. SCHEDULE E, PART I, LINE 6 CERTAIN STUDENTS OF THE COLLEGE RECEIVE FINANCIAL AID FROM THE STATE AND FEDERAL GOVERNMENTS IN THE FORM OF GRANTS AND LOANS UNDER THE FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK-STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION. (TEACH) GRANT. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATION 85002 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 6425211 0 0 0 0 0 0 6510213 0 6510213 1 0 1 1 0 0 PART I, LINE 2: THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIPS AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGE'S FINANCIAL AID COMPLIANCE WITH FEDERAL GUIDELINES IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF PARTICIPATING IN THE PROGRAM, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE FUNDS. GOLF EVENT 42745 23650 19095 2200 17727 578 42745 23650 19095 2200 17727 578 20505 -1410 1 TOWN OF MILTON 525 CANTON AVE MILTON MA 02186 046001228 GOV'T 110000 0 N/A N/A MILTON PILOT 1 0 RESIDENT ASSISTANCE AWARDS 59 770457 N/A N/A INSTITUTIONAL AID 1689 45133382 N/A N/A PART I, LINE 2: THE COLLEGE AWARDS INSTITUTIONAL GRANTS TO STUDENTS BASED ON THE ANNUAL AID MODELING AND THE INDIVIDUAL STUDENT. ALL APPLICABLE CRITERIA IS TAKEN INTO ACCOUNT BY THE ADMISSION AND FINANCIAL AID OFFICES. ALL INSTITUTIONAL GRANTS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X X X 1 1 X X X X 1 0 0 0 0 0 0 0 1 1 JUAN GONZALEZ PRESIDENT 457309 0 0 0 30500 0 5262 0 85923 0 578994 0 0 0 MARK H NESTOR CHIEF INFORMATION OFFICER 320099 0 0 0 24555 0 21486 0 78963 0 445103 0 0 0 KENNETH K QUIGLEY PRESIDENT (UNTIL 8/2024) 338903 0 0 0 0 0 24022 0 24419 0 387344 0 0 0 ROBERT E SHEA PROVOST & VP FOR ACADEMIC AFFAIRS 208145 0 0 0 30500 0 14297 0 35174 0 288116 0 0 0 STEPHEN J NEDDER EXECUTIVE VP ADMIN & FINANCE/CFO 215132 0 0 0 26296 0 16852 0 26987 0 285267 0 0 0 ANN CATHERINE MCCABE DEAN 208144 0 0 0 11616 0 9957 0 42041 0 271758 0 0 0 DEBRA A PETRIZZO WILKINS PROFESSOR 183402 0 0 0 30473 0 17310 0 33094 0 264279 0 0 0 ALISON POOR-DONAHUE PROFESSOR 199708 0 0 0 11526 0 13831 0 32660 0 257725 0 0 0 SAMARIA STALLINGS VP OF HUMAN RESOURCES(UNTIL 11/2024) 164284 0 0 0 16175 0 11562 0 22718 0 214739 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE/PERSONAL SERVICES: AS A CONDITION OF EMPLOYMENT, THE FOLLOWING EMPLOYEES ARE REQUIRED TO LIVE IN CAMPUS HOUSING: PRESIDENT, VP OF FACILITIES, AND CERTAIN STUDENT AFFAIRS EMPLOYEES. THE ANNUAL FAIR MARKET RENTAL VALUE OF THE HOUSING IS INCLUDED IN SCHEDULE J, PART II, COLUMN (D) AS A NONTAXABLE BENEFIT. HOUSEKEEPING SERVICES FOR THE PRESIDENT ARE REPORTED ON HIS W-2. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE COLLEGE PROVIDES TAX INDEMNIFICATION AND GROSS-UP PAYMENTS RELATED TO THE PERSONAL USE OF COLLEGE PROVIDED VEHICLES FOR THE PRESIDENT AND THE VP OF FACILITIES. THIS BENEFIT IS TREATED AS TAXABLE COMPENSATION FOR THESE INDIVIDUALS, AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 1B THE COLLEGE REIMBURSES ALL EMPLOYEES, INCLUDING ITS OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF FOR EXPENSES INCURRED WHILE CONDUCTING BUSINESS OF THE COLLEGE. REIMBURSEMENTS FOR OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF ARE REVIEWED BY THE CFO AND/OR PRESIDENT, AS APPROPRIATE. PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AND THERE IS CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. PART I, LINE 4A DURING THE YEAR, THE COLLEGE MADE SEVERANCE PAYMENTS TO SAMARIA STALLING, VICE PRESIDENT OF HUMAN RESOURCES, WHOSE EMPLOYMENT ENDED ON NOVEMBER 15, 2024. TOTAL SEVERANCE PAYMENTS OF $13,948.06 WERE PAID IN 2024 AND WERE TREATED AS TAXABLE COMPENSATION. PART I, LINE 8 THE PRESIDENT IS IN HIS INITIAL CONTRACT WITH THE COLLEGE EFFECTIVE AS OF JULY 31, 2023 FOR AN INITIAL 3 YEAR TERM. A MASS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2013-12-20 42000000 SEE DESCRIPTION IN PART VII 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2015-01-30 15350000 SEE DESCRIPTION IN PART VII 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2016-03-21 27700418 SEE DESCRIPTION IN PART VII 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2016-06-14 9799542 SEE DESCRIPTION IN PART VII 0 0 0 A 20725123 42150123 429290 18091109 23629724 2016 1 0 1 1 B 6911300 15350000 140960 15209040 2008 1 0 1 1 C 5990989 27700418 165473 27534945 2008 1 0 1 1 D 2383052 10025612 67253 9958359 2019 0 0 1 1 A 0 1 1 1 0 0.03290 0.00000 0.03290 0 0 0 B 0 1 1 1 0 0.06000 0.00000 0.06000 0 0 0 C 0 1 0 0 0.04700 0.00000 0.04700 0 0 0 D 0 1 0 0 0.01000 0.00000 0.01000 0 0 0 A 0 0 0 1 1 0 0 0 0 B 0 0 0 1 1 0 0 0 0 C 0 0 1 0 1 0 0 0 0 D 0 0 1 0 1 0 0 0 0 A 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2015 SCHEDULE K, PART 1, LINE A, COLUMN F: BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 1999, 2000 AND 2003 SERIES DEBT. IN ADDITION, A PORTION OF BOND PROCEEDS WERE USED TO CONSTRUCT A RESIDENCE HALL, RENOVATE AN EXISTING PROPERTY, AND OTHER CAPITAL IMPROVEMENTS. SCHEDULE K, PART I, LINE B, COLUMN F: BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2005 SERIES DEBT. SCHEDULE K, PART I, LINE C, COLUMN F: BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2006 SERIES DEBT. ADDITIONALLY, BONDS PROCEEDS WERE USED TO DEMOLISH AN EXISTING STUDENT CENTER AND CONSTRUCT A NEW STUDENT CENTER, CONSTRUCTION OF A NEW ACADEMIC BUILDING, AND EXPANSION AND RENOVATION OF AN EXISTING ADMINISTRATIVE OFFICE BUILDING. SCHEDULE K, PART I, LINE D, COLUMN F: BONDS WERE ISSUED FOR THE PURPOSES OF CONSTRUCTING A NEW ACADEMIC BUILDING AND RENOVATION OF AN EXISTING ACADEMIC BUILDING. SCHEDULE K, PART II, LINE 3, COLUMNS A & D: TOTAL PROCEEDS ARE HIGHER FOR BOND A AND D THAN THE AMOUNT LISTED IN PART I DUE TO INTEREST EARNED ON PROCEEDS. SCHEDULE K, PART III, LINE 4, COLUMNS A, B, C, & D: THE COLLEGE HAS ESTABLISHED PROCEDURES TO MONITOR PRIVATE BUSINESS USE ARRANGEMENTS PERTAINING TO ALL FACILITIES IT HAS FINANCED OR REFINANCED WITH TAX-EXEMPT BONDS, AND THE COLLEGE MONITORS ALL SUCH USES ON AN ANNUAL OR MORE FREQUENT BASIS. THE MONITORING IS INTENDED TO ENSURE THAT OVER THE TERM TO MATURITY OF EACH SUCH BOND ISSUE, THE COLLEGE WILL NOT EXCEED THE AGGREGATE PRIVATE BUSINESS USE LIMITATION APPLICABLE TO ANY ISSUE. SUBSTANTIAL DONOR SUBSTANTIAL DONOR 5985104 SERVICES 0 SUBSTANTIAL DONOR SUBSTANTIAL DONOR 1397180 SERVICES 0 SUBSTANTIAL DONOR SUBSTANTIAL DONOR 928696 SERVICES 0 SUBSTANTIAL DONOR SUBSTANTIAL DONOR 246515 SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRPERSON, VICE CHAIRPERSON, PRESIDENT, TREASURER AND CLERK OF THE COLLEGE AND THE CHAIRPERSONS OF THE STANDING COMMITTEES. THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD OF TRUSTEES SHALL SIT ON THE EXECUTIVE COMMITTEE (EX OFFICIO). IT SHALL HAVE THE POWER TO ACT IN LIEU OF THE TRUSTEES BETWEEN MEETINGS, COMMUNICATING ALL SUCH DECISIONS TO THE FULL BOARD OF TRUSTEES. IT WILL DIRECT THE TRUSTEES' ROLE IN STRATEGIC PLANNING FOR THE COLLEGE. IT WILL ASSURE THAT ALL MAJOR RESPONSIBILITIES OF THE TRUSTEES ARE BEING CARRIED OUT, IN PART BY ASSURING THAT EACH COMMITTEE IS FUNCTIONING PROPERLY, SETTING AND MEETING ANNUAL GOALS. IT WILL APPROVE THE PRESIDENT'S ANNUAL PRIORITIES AND EVALUATE THE PRESIDENT'S PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE COLLEGE'S INDEPENDENT TAX ADVISORS WITH INFORMATION PROVIDED BY MANAGEMENT AND REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE DIRECTOR OF FINANCE. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FORM 990 BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE MAINTAINS TWO CONFLICT OF INTEREST POLICIESONE APPLICABLE TO THE BOARD OF TRUSTEES AND ONE APPLICABLE TO EMPLOYEES. ON AN ANNUAL BASIS, ALL TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSING ANY ACTUAL OR POTENTIAL CONFLICTS. COMPLETED QUESTIONNAIRES ARE SUBMITTED TO THE FINANCE OFFICE, WHERE THEY ARE REVIEWED BY THE EVP/CFO AND RETAINED. EMPLOYEE CONFLICT OF INTEREST DISCLOSURES, WHEN APPLICABLE, ARE MAINTAINED BY HUMAN RESOURCES. THE CONFLICT OF INTEREST POLICIES REQUIRE INDIVIDUALS TO DISCLOSE POTENTIAL CONFLICTS, OUTLINE THE PROCESS FOR DETERMINING WHETHER A CONFLICT EXISTS, AND ESTABLISH PROCEDURES FOR ADDRESSING CONFLICTS. THE POLICIES ARE CONSISTENTLY ENFORCED BY REQUIRING CONFLICTED INDIVIDUALS TO RECUSE THEMSELVES FROM DISCUSSIONS, DELIBERATIONS, VOTING, AND DECISIONMAKING RELATED TO THE APPLICABLE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AND THE VP OF HUMAN RESOURCES, WITH EXTERNAL ASSISTANCE FOR MARKET ANALYSIS PURPOSES. THERE IS CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. HUMAN RESOURCES CONDUCTS A MARKET ANALYSIS FOR ALL RECRUITED POSITIONS TO ENSURE COMPETITIVENESS AND REVIEWS THEM WITHIN THE BUDGET FRAMEWORK. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSSIONAL FEES: PROGRAM SERVICE EXPENSES 11,889,054. MANAGEMENT AND GENERAL EXPENSES 1,758,449. FUNDRAISING EXPENSES 184,511. TOTAL EXPENSES 13,832,014.