2022-04-15T10:02:04-05:00 2021-05-31 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2020-06-01 042103545 TRUSTEES OF BOSTON COLLEGE % LYNDSAY KING TRUS 6175523363 140 COMMONWEALTH AVENUE Suite 440 CHESTNUT HILL MA 02467 JOHN D BURKE FINANCE VP/TREASURER 6175522481 2022-04-12 true JOHN D BURKE 999009999 GWEN SPENCER P00641463 6175305000 2022-04-08 2 2020 2022-09-23 18:48:47Z WILLIAM P LEAHY SJ 140 COMMONWEALTH AVENUE440 CHESTNUT HILL MA 02467 3727005561 false X www.bc.edu X 1863 MA SEE SCHEDULE O 52 50 11320 55 -2726179 0 225038278 230696730 882662617 929623127 117454777 298748878 -2033009 25896 1223122663 1459094631 228262630 242956064 0 0 556640608 564053864 0 0 22859902 324577017 341969269 1109480255 1148979197 113642408 310115434 5201949007 6311936438 1626351056 1585677586 3575597951 4726258852 X SEE SCHEDULE O false false 553143906 242530338 735575111 INSTRUCTION - INCLUDES EXPENDITURES TO PROVIDE COURSEWORK FOR STUDENTS AND TO PROVIDE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. ENROLLMENTS WERE 15,409 AND THE NUMBER OF DEGREES CONFERRED WAS 4,267. 206799617 157527501 AUXILIARY SERVICES - INCLUDES EXPENDITURES FOR THE SELF-SUPPORTING ACTIVITIES OF THE UNIVERSITY SUCH AS THE OPERATIONS OF 32 RESIDENCE HALLS, 14 DINING FACILITIES, 31 NCAA DIVISION I ATHLETIC TEAMS, BOOKSTORE AND HEALTH SERVICES. 173136016 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES ACTIVITIES OF WHICH THE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO HIS/HER INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. OPERATED 9 UNIVERSITY LIBRARY FACILITIES CONTAINING OVER 3.306 MILLION VOLUMES, OVER 48 THOUSAND SERIAL SUBSCRIPTIONS, AND OVER 373 THOUSAND GOVERNMENT DOCUMENTS SERVING THE UNIVERSITY AND SURROUNDING COMMUNITY. 57391154 425726 36520515 990470693 true true false true false false false true true true true true false false true false false true true true true true false false false false false true true true true false false false false false true false false false true true true false false true true true true false false true 1549 0 true 11320 true true true true SP FR IT false false false true true false false false false true false X 52 50 true false false false false false false true true false false true true true true true true true true false CA IN MA X X LYNDSAY KING 6175523363 CONTROLLERS OFFICE 140 COMM AVE CHESTNUT HILL MA 024673800 X JEFFREY HAFLEY HEAD COACH, FOOTBALL 40.0 0.0 X 2938035 0 30877 JAMES P CHRISTIAN BASKETBALL COACH (UNTIL 2/21) 40.0 0.0 X 1428053 0 58986 JOHN J ZONA CHIEF INV. OFF. & ASSOC. TREAS 40.0 0.0 X 809661 0 197467 ANDREW C BOYNTON DEAN CSOM 40.0 0.0 X 743582 0 64463 FRANK CIGNETTI ASSISTANT COACH, FOOTBALL 40.0 0.0 X 740821 0 33832 PATRICK M KRAFT DIRECTOR OF ATHLETICS 40.0 0.0 X 747988 0 13463 DAVID QUIGLEY PROVOST & DEAN OF FACULTIES 40.0 0.0 X 658665 0 64366 JAMES J HUSSON SR. VP UNIVERSITY ADVANCEMENT 40.0 0.0 X 597213 0 122354 MICHAEL J LOCHHEAD EXECUTIVE VICE PRESIDENT 40.0 2.0 X 513534 0 196907 JOHN D BURKE FIN. VP & TREASURER 40.0 8.0 X 492302 0 64096 MICHAEL BOURQUE VP INFORMATION TECHNOLOGY 40.0 0.0 X 377793 0 89128 AMY I YANCEY VP FOR DEVELOPMENT 40.0 0.0 X 394740 0 41667 DAVID P TRAINOR VP HUMAN RESOURCES 40.0 0.0 X 374308 0 58535 THOMAS J KEADY VP GVT & COMMUNITY AFFAIRS 40.0 0.0 X 313840 0 64047 DANIEL BOURQUE VP FACILITIES MANAGEMENT 40.0 2.0 X 292944 0 59863 KEVIN J SHEA VP AND EXECUTIVE ASST. TO PRES 40.0 0.0 X 291253 0 61107 MARA L HERMANO VP INSTL RESEARCH & PLANNING 40.0 2.0 X 325828 0 21803 JOY H MOORE VP/EXEC. DIR. PMISS 40.0 2.0 X 283321 0 54575 JOHN F FISH TRUSTEE - CHAIR (FROM 9/20) 1.0 0.0 X 0 0 0 PHILIP W SCHILLER TRUSTEE-VICE CHAIR (FROM 9/20) 1.0 0.0 X 0 0 0 SUSAN MARTINELLI SHEA TRUSTEE - SECRETARY 1.0 0.0 X 0 0 0 GUIDO BARILLA TRUSTEE 1.0 0.0 X 0 0 0 STEVEN M BARRY TRUSTEE 1.0 0.0 X 0 0 0 DRAKE G BEHRAKIS TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA LYNOTT BONAN TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 D SCOTT BROWN TRUSTEE 1.0 0.0 X 0 0 0 AMB R NICHOLAS BURNS TRUSTEE 1.0 0.0 X 0 0 0 JAMES D CAREY TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 PATRICK CARNEY TRUSTEE (UNTIL 9/20) 1.0 0.0 X 0 0 0 HON DARCEL D CLARK TRUSTEE 1.0 0.0 X 0 0 0 MICHELLE R CODRINGTON TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 WILLIAM C CONNELL TRUSTEE 1.0 0.0 X 0 0 0 ROBERT J COONEY TRUSTEE 1.0 0.0 X 0 0 0 LEO J CORCORAN TRUSTEE 1.0 0.0 X 0 0 0 PAUL R COULSON TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL H DEVLIN II TRUSTEE (UNTIL 9/20) 1.0 0.0 X 0 0 0 REV MICHAEL E ENGH SJ TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM J GEARY TRUSTEE 1.0 0.0 X 0 0 0 JANICE GIPSON TRUSTEE 1.0 0.0 X 0 0 0 PATRICK W GRADY TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 DAVID T GRIFFITH TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN POWERS HALEY TRUSTEE 1.0 0.0 X 0 0 0 REV DANIEL HENDRICKSON SJ TRUSTEE 1.0 0.0 X 0 0 0 MICHAELA MURPHY HOAG TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN FLATLEY IX TRUSTEE 1.0 0.0 X 0 0 0 REV ROBERT L KEANE SJ TRUSTEE (UNTIL 9/20) 1.0 0.0 X 0 0 0 ALFRED F KELLY JR TRUSTEE 1.0 0.0 X 0 0 0 REV WILLIAM P LEAHY SJ PRESIDENT, TRUSTEE 40.0 2.0 X X 0 0 0 LISE LEIST TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 REV MATTHEW F MALONE SJ TRUSTEE 1.0 0.0 X 0 0 0 REV DOUGLAS MARCOUILLER SJ TRUSTEE 1.0 0.0 X 0 0 0 PETER K MARKELL TRUSTEE - (CHAIR UNTIL 9/20) 1.0 0.0 X 0 0 0 CARMINE A MARTIGNETTI TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN M MCGILLYCUDDY TRUSTEE 1.0 0.0 X 0 0 0 DENISE M MORRISON TRUSTEE 1.0 0.0 X 0 0 0 JOHN C MORRISSEY III TRUSTEE 1.0 0.0 X 0 0 0 ROBERT F MORRISSEY TRUSTEE 1.0 0.0 X 0 0 0 BRIEN M O'BRIEN TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 DAVID P O'CONNOR TRUSTEE 1.0 0.0 X 0 0 0 REV CYRIL P OPEIL SJ TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 STEPHEN J PEMBERTON TRUSTEE 1.0 0.0 X 0 0 0 JONATHAN M RATHER TRUSTEE 1.0 0.0 X 0 0 0 KENDALL B REID TRUSTEE 1.0 0.0 X 0 0 0 NAVYN DATOO SALEM TRUSTEE 1.0 0.0 X 0 0 0 REV NICHOLAS A SANNELLA TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 MARC P SEIDNER TRUSTEE 1.0 0.0 X 0 0 0 MARIANNE D SHORT TRUSTEE 1.0 0.0 X 0 0 0 KEVIN A SMART TRUSTEE 1.0 0.0 X 0 0 0 SHELLY A STAYER TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 ELIZABETH W VANDERSLICE TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL D WHITE TRUSTEE 1.0 0.0 X 0 0 0 ELISA GABELLI WILSON TRUSTEE (FROM 9/20) 1.0 0.0 X 0 0 0 ELIZABETH EDER ZOBEL TRUSTEE 1.0 0.0 X 0 0 0 REV CASEY BEAUMIER SJ VP & UNIV. SECTY. 40.0 0.0 X 0 0 0 REV JOHN T BUTLER SJ VP UNIV. MISSION & MINISTRY 40.0 0.0 X 0 0 0 12323881 0 1297536 1158 false true false SUFFOLK CONSTRUCTION COMPANY INC 4700 WEST SAM HOUSTON PARKWAY NORTH HOUSTON TX 77041 CONSTRUCTION 60505266 WALSH BROTHERS INC 210 COMMERCIAL STREET BOSTON MA 02109 CONSTRUCTION 15396921 CONSIGLI CONSTRUCTION CO INC 72 SUMNER ST MILFORD MA 01757 CONSTRUCTION 14235903 MCCOURT CONSTRUCTION 60 K STREET SOUTH BOSTON MA 02127 CONSTRUCTION 9103120 CLINICAL RESEARCH SEQUENCING PLATFO 415 MAIN STREET CAMBRIDGE MA 02142 COVID-19 TESTING 5778445 298 39405094 191291636 30362672 230696730 TUITION AND FEES 900099 735575111 735575111 SALES/SERVICES OF AUXILLARY ENTERPRISES 900099 157527501 157290224 237277 NON-GOVT GRANTS/F&A RECOVERY 900099 21122713 21122713 SALES/SERVICES OF EDUCATIONAL ACTIVITIES 900099 5253406 5253406 OTHER MISCELLANEOUS PROGRAM REVENUE 900099 10144396 10144396 929623127 53388827 -2963456 56352283 53208 53208 556494 556494 1553710 3039113 -1485403 0 -1485403 -1485403 2508428660 1750000 2263121817 1750000 245306843 245306843 245306843 0 0 0 0 0 0 0 0 0 CHILDREN'S CENTER 624410 445472 445472 VENDING 900099 509333 509333 954805 1459094631 929385850 -2726179 301738230 244996 244996 242530338 242530338 180730 180730 0 6812128 1068225 4958377 785526 0 422648125 325890625 82217250 14540250 28540627 21722732 5807016 1010879 79963988 60861882 16269865 2832241 26088996 19856756 5308195 924045 0 1874751 174287 1700464 674250 674250 75000 75000 0 27985890 27985890 48493113 41262829 6630553 599731 212536 199621 12297 618 10622159 6662390 3213633 746136 15236644 5972278 8972792 291574 0 35691989 17297189 18394800 6039078 5966016 61013 12049 0 2111422 1782608 43712 285102 45560063 39881003 5679060 0 93997525 83875084 10122441 0 COST OF GOODS SOLD 10357364 10357364 OPERATIONS & MAINT. ALLOC. 66746204 -66746204 LICENSING/PERMITS/FEES 9523645 9523645 SPECIAL HOUSING EXPENSES 4072459 4072459 29441381 24341432 4268198 831751 1148979197 990470693 135648602 22859902 21151062 19315052 3959107 3351385 168501264 187174775 34948847 53737683 2638769 2539015 0 0 58511458 53505068 303222 315119 7104281 6245942 3030240935 1195370239 1768832509 1834870696 898404018 809129841 2226481670 3330680302 11112800 11071560 0 0 0 0 5201949007 6311936438 232627191 234737786 13033496 16757653 28001954 15411734 582406637 560992525 11449903 12964007 0 0 2150000 1460000 729380117 716893704 27301758 26460177 1626351056 1585677586 X 1737685581 2043556175 1837912370 2682702677 3575597951 4726258852 5201949007 6311936438 X 310115434 859735931 -19190464 X false true X true true true X 171722628 131641150 159699817 225038278 230696730 918798603 0 0 171722628 131641150 159699817 225038278 230696730 918798603 47929524 870869079 32546697 43879651 57311959 55306068 58515695 247560070 0 0 0 0 0 0 1976491 1987232 2137809 1696553 954805 8752890 1175111563 4332935283 0.74109 0.75270 X SCHEDULE A, PART II, LINE 10 THE TOTAL REPORTED ON LINE 10 IS COMPRISED OF EVENT INCOME, CHILDREN'S CENTER AND VENDING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 75000 false false 75000 false FORM 990, SCHEDULE C, PART II-B, LINE 1-G LOBBYING ACTIVITY EXPLANATION PAYMENTS FOR LOBBYING EXPENDITURES ARE MADE TO THE FOLLOWING: CASSIDY AND ASSOCIATES, INC. - ASSIST MANAGEMENT IN THE IDENTIFICATION, DEVELOPMENT, AND PRESENTATION OF INSTITUTIONAL INITIATIVES FOR CONSIDERATION BY COMMITTEES OF CONGRESS, FEDERAL REGULATORY AGENCIES, AND OTHERS; ACT AS LIAISON TO GOVERNMENT AGENCIES BY MONITORING AND REPORTING ON GOVERNMENTAL PROGRAMS AND LEGISLATION RELEVANT TO INSTITUTIONAL INITIATIVES. THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. 448648 33361342 X X X X false false true X 2579462000 181726000 1122749000 37703000 81920000 2478000 3761836000 2474129000 98279000 119444000 34473000 75108000 2809000 2579462000 2567405000 45368000 -22123000 35048000 78967000 2506000 2474129000 2400473000 32545000 245387000 32394000 76099000 2507000 2567405000 2195667000 33086000 278834000 31250000 73575000 2289000 2400473000 0.36890 0.32040 0.31070 false false 203790379 203790379 1981446227 798073538 1183372689 275646211 212394402 63251809 569358118 184902299 384455819 1834870696 EQUITIES 2466078769 F REAL ESTATE 258862269 F FIXED INCOME 96567112 F CASH 509172152 F 3330680302 0 DEPOSITS PAYABLE 17263839 US GOVERNMENT LOAN ADVANCES 9196338 26460177 SCHEDULE D, PART III, LINE 4 THE COLLECTIONS HELD BY BOSTON COLLEGE EDUCATE AND INSPIRE ITS STUDENTS AND FACULTY. SCHEDULE D, PART IV, LINE 2B STATE STREET HOLDS THE MAJORITY OF OUR TRUSTS. SCHEDULE D, PART V, LINE 4 THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE TO SUPPORT STUDENT AID, INSTRUCTION, STUDENT FORMATION AND OTHER OPERATING ACTIVITIES OF THE UNIVERSITY RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. SCHEDULE D, PART X, LINE 2 BOSTON COLLEGE'S FINANCIAL STATEMENTS DID NOT INCLUDE A FIN 48 FOOTNOTE. true true false true true true true false false false false false false false false true false true NON-DISCRIMINATION POLICY PART I, LINE 3 A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED VIA THE ADMISSIONS WEBSITE, THE STUDENT SERVICES WEBSITE REGISTRATION MATERIALS, THE UNIVERSITY CATALOG, AND JOB POSTINGS ON THE HUMAN RESOURCES WEBSITE. THE NOTICE FOR THE NON-DISCRIMINATORY POLICY IS ACCESSIBLE VIA LINK FROM THE UNIVERSITY'S HOMEPAGE. BOSTON COLLEGE MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC 75-50, COVERING RACIAL NONDISCRIMINATION, BECAUSE IT DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD, ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. PART I, LINE 6A THE UNIVERSITY PARTICIPATES IN THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, PERKINS, FEDERAL WORK-STUDY AND OTHER FEDERAL TITLE IV AND HUMAN SERVICES PROGRAMS. true Europe (Including Iceland and Greenland) 257 Program Services STUDY AB, INSTR, RSRCH 1829757 South America 19 Program Services STUDY AB, RSRCH, INSTR 64753 Russia and the Newly Independent States 7 Program Services RESEARCH 11300 South Asia 10 Program Services INSTRUCTION, RSRCH 31178 Central America and the Caribbean 5 Program Services PUBLIC SVC, INSTRUCT 17875 Middle East and North Africa 5 Program Services ACADEMIC SUPP, RSRCH 3531 East Asia and the Pacific 66 Program Services STUDY AB, RSRCH, INSTR 271851 Sub-Saharan Africa 89 Program Services RSRCH, STUDY AB 1348639 North America 79 Program Services RSRCH, INSTR, AUXILL. 452213 Europe (Including Iceland and Greenland) 3 Fundraising 1350 North America 9 Fundraising 14045 Sub-Saharan Africa 3 Grantmaking 180730 Central America and the Caribbean Investments 1525019870 Sub-Saharan Africa Investments 29088533 Europe (Including Iceland and Greenland) Investments 24369867 552 552 1582705492 1607075359 Sub-Saharan Africa GENERAL SUPPORT 36530 WIRE TRANSFR Sub-Saharan Africa GENERAL SUPPORT 144200 WIRE TRANSFR 2 true false true true true false PART I, LINE 2 BOSTON COLLEGE ISSUES GRANT FUNDS BASED UPON BUDGETED PROPOSALS AND RECEIVES REPORTS FROM THE GRANT RECIPIENTS TO MONITOR THE USE OF THESE AWARD FUNDS DURING AND AT THE END OF THE FUNDING PERIOD. PART I, LINE 3, COLUMN F THE ORGANIZATION REVIEWS ALL FOREIGN WIRE INFORMATION AND INTERNATIONAL TRAVEL EXPENSES FOR OVERSEAS PAYMENTS AND DISCUSSES WITH THE DEPARTMENTS ORIGINATING THE PAYMENTS TO DETERMINE IF THE PAYMENTS WERE FOR FOREIGN ACTIVITIES. THE FOREIGN EXPENDITURES ARE CAPTURED SEPARATELY IN THE ORGANIZATION'S ACCOUNTING SYSTEM AND AMOUNTS INCLUDED ON SCHEDULE F ARE PURSUANT TO THE ORGANIZATION'S ACCOUNTING SYSTEM. PART II, LINE 1 FOREIGN GRANTS ARE TRACKED SEPARATELY IN THE ORGANIZATION'S GENERAL LEDGER. true ALLSTON BRIGHTON COMMUNITY FUND 116 COLLEGE ROAD CHESTNUT HILL MA 02467 042304133 501(C)(3) 75000 GENERAL SUPPORT BOSTON CHARITABLE TRUST FUND BOSTON CITY HALL NO M-T BOSTON MA 02201 046528581 GOVT 25000 GENERAL SUPPORT FRANCISCAN MISSIONARY SISTERS FOR AFRICA PO BOX 35095 BRIGHTON MA 02135 237337822 501(C)(3) 15000 GENERAL SUPPORT JESUIT CONFERENCE OF CANADA AND THE USA 1016 16TH ST NW 400 WASHINGTON DC 20036 521614116 501(C)(3) 100000 GENERAL SUPPORT 4 0 SCHOLARSHIPS TO STUDENTS 8946 242437470 COMMUNITY OUTREACH 526 24985 FMV GROCERY GIFT CARDS COMMUNITY OUTREACH 805 25168 FMV DIAPERS COMMUNITY OUTREACH 500 42715 FMV GROCERIES/MEALS PART I, LINE 2 - GRANT PROCEDURES BOSTON COLLEGE AWARDS NEED BASED FINANCIAL AID, INCLUDING GRANTS AND LOANS TO STUDENTS BASED ON ELIGIBILITY REQUIREMENTS SUCH AS FINANCIAL NEED AND ACADEMIC PROGRESS. AID IS ADMINISTERED BY THE STUDENT SERVICES OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER DOCUMENTS TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF SCHOLARSHIPS AVAILABLE BASED ON ACADEMIC OR ATHLETIC ACHIEVEMENT. ON OCCASION BOSTON COLLEGE MAY PROVIDE GRANTS TO 501(C)(3) AND GOVERNMENT ENTITIES. THESE GRANTS ARE PROVIDED AT THE COLLEGE'S DISCRETION. FOR COMMUNITY OUTREACH GRANTS, BOSTON COLLEGE RELIED ON THE DISTRIBUTING AGENCIES TO ASSESS NEED. PART III, LINE 1, COLUMN (C) THE CASH GRANT IS REFLECTED ON STUDENTS ACCOUNTS. SOME OF THE GRANTS LISTED MAY HOWEVER, BE PAID DIRECTLY TO THE STUDENT VIA ACCOUNTS PAYABLE AS A MONTHLY 'NON SERVICE STIPEND'. THE GRANTS ALSO INCLUDE BOOK VOUCHERS, LOAN FORGIVENESS AND CHILDREN'S CENTER AID. PART III, LINE 2 THE UNIVERSITY DISTRIBUTED 526 $50 STOP & SHOP GROCERY GIFT CARDS (RECEIVED AT A DISCOUNT) TO LOCAL FOOD DISTRIBUTION SITES. PART III, LINE 3 THE UNIVERSITY DONATED 805 CASES OF DIAPERS VARIOUS FOR DISTRIBUTION AT LOCAL FOOD DISTRIBUTION SITES AND AT THE BC NEIGHBORHOOD CENTER. PART III, LINE 4 THE UNIVERSITY'S DINING SERVICES DIVISION PREPARED "COMPLETE" FROZEN MEALS FOR DISTRIBUTION AT LOCAL FOOD DISTRIBUTION SITES IN ADDITION TO PROVIDING THESE SITES WITH HIGH-DEMAND GROCERY ITEMS. X X X false true X X X false true false false false false false true false DANIEL BOURQUE VP FACILITIES MANAGEMENT 274324 0 0 0 18620 0 28057 0 31806 0 352807 0 0 0 MICHAEL BOURQUE VP INFORMATION TECHNOLOGY 341225 0 0 0 36568 0 28500 0 60628 0 466921 0 0 0 JOHN D BURKE FIN. VP & TREASURER 387238 0 0 0 105064 0 28500 0 35596 0 556398 0 0 0 JAMES J HUSSON SR. VP UNIVERSITY ADVANCEMENT 563627 0 0 0 33586 0 28500 0 93854 0 719567 0 0 0 MARA L HERMANO VP INSTL RESEARCH & PLANNING 265726 0 0 0 60102 0 6800 0 15003 0 347631 0 0 0 THOMAS J KEADY VP GVT & COMMUNITY AFFAIRS 294089 0 0 0 19751 0 28500 0 35547 0 377887 0 0 0 MICHAEL J LOCHHEAD EXECUTIVE VICE PRESIDENT 464216 0 0 0 49318 0 22800 0 174107 0 710441 0 0 0 JOY H MOORE VP/EXEC. DIR. PMISS 246390 0 0 0 36931 0 22636 0 31939 0 337896 0 0 0 DAVID QUIGLEY PROVOST & DEAN OF FACULTIES 525861 0 0 0 132804 0 28500 0 35866 0 723031 0 0 0 KEVIN J SHEA VP AND EXECUTIVE ASST. TO PRES 249985 0 25826 0 15442 0 25826 0 35281 0 352360 0 0 0 DAVID P TRAINOR VP HUMAN RESOURCES 357666 0 0 0 16642 0 22800 0 35735 0 432843 0 0 0 AMY I YANCEY VP FOR DEVELOPMENT 328946 0 0 0 65794 0 6700 0 34967 0 436407 0 0 0 JOHN J ZONA CHIEF INV. OFF. & ASSOC. TREAS 613742 0 175177 0 20742 0 42853 0 154614 0 1007128 0 106387 0 ANDREW C BOYNTON DEAN CSOM 613504 0 0 0 130078 0 28500 0 35963 0 808045 0 0 0 JAMES P CHRISTIAN BASKETBALL COACH (UNTIL 2/21) 1398880 0 0 0 29173 0 22800 0 36186 0 1487039 0 0 0 FRANK CIGNETTI ASSISTANT COACH, FOOTBALL 730992 0 0 0 9829 0 0 0 33832 0 774653 0 0 0 JEFFREY HAFLEY HEAD COACH, FOOTBALL 2793191 0 100000 0 44844 0 0 0 30877 0 2968912 0 0 0 PATRICK M KRAFT DIRECTOR OF ATHLETICS 373664 0 0 0 374324 0 0 0 13463 0 761451 0 0 0 SCHEDULE J, PART I THE UNIVERSITY PAID COMPENSATION AND BENEFITS OF $4,991,083 TO THE JESUIT COMMUNITY, THE FOUNDERS OF BOSTON COLLEGE, FOR INSTRUCTIONAL, ADMINISTRATIVE AND INSTITUTIONAL SERVICES, WHICH INCLUDE THE SERVICES RENDERED BY THE UNIVERSITY'S JESUIT OFFICERS. SCHEDULE J, PART I, LINE 1A FIRST CLASS TRAVEL OR CHARTER TRAVEL: BOSTON COLLEGE DOES NOT GENERALLY PERMIT FIRST CLASS TRAVEL FOR BUSINESS TRIPS. HOWEVER, ON OCCASION FOR UNUSUALLY LONG FLIGHTS IT MAY BE PERMITTED PROVIDED THERE IS APPROVAL IN ADVANCE. AS PART OF HIS RESPONSIBILITIES, 1 OFFICER FLEW FIRST CLASS. GROSS-UP PAYMENTS: DURING CALENDAR YEAR 2020, 1 HIGHLY COMPENSATED INDIVIDUAL RECEIVED GROSS-UP PAYMENTS. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: 1 HIGHLY COMPENSATED INDIVIDUAL AND 1 OFFICER RECEIVED AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB. THE FULL VALUE WAS INCLUDED IN EACH EMPLOYEE'S TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1B BOSTON COLLEGE HAS POLICIES THAT COVER FIRST CLASS TRAVEL AND TRAVEL FOR COMPANIONS. SUCH TRAVEL IS GENERALLY NOT PERMITTED BUT IS APPROVED ON A CASE BY CASE BASIS AT THE VP LEVEL. SOCIAL CLUB DUES ARE PROVIDED IN ACCORDANCE WITH THE CONTRACTS OF THE INDIVIDUALS WHO RECEIVE THE BENEFIT AND ARE APPROVED. SCHEDULE J, PART I, LINE 4B AND 7 TERMS AND CONDITIONS OF DEFERRED PERFORMANCE COMPENSATION PLAN FOR INVESTMENT PROFESSIONALS: IN 2015 BOSTON COLLEGE ESTABLISHED A PERFORMANCE COMPENSATION PLAN ("PLAN") TO ASSIST WITH RECRUITMENT AND RETENTION OF ITS INVESTMENT OFFICE PROFESSIONALS. UNDER THE TERMS OF THE PLAN, PARTICIPANTS ARE ELIGIBLE FOR CERTAIN AWARDS BASED ON THE PERFORMANCE OF BOSTON COLLEGE'S INVESTMENTS EACH CALENDAR YEAR, AS MEASURED BY CERTAIN QUANTITATIVE AND QUALITATIVE FACTORS. A PORTION OF THE AWARD UNDER THE PLAN IS SUBJECT TO A TWO YEAR DEFERRAL PERIOD. FOR 2020, THE CHIEF INVESTMENT OFFICER'S COMPENSATION INCLUDED A BONUS PAYMENT UNDER THE PLAN INCLUDED ON SCHEDULE J, PART II, COLUMN (B)(II) AND A DEFERRAL AMOUNT INCLUDED IN SCHEDULE J, PART II COLUMN (C). THE AMOUNT INCLUDED IN SCHEDULE J, PART II COLUMN (F) REPRESENTS COMPENSATION RECEIVED IN 2020 AND IS INCLUDED IN SCHEDULE J, PART II COLUMN (B)(II). THE AMOUNT IN SCHEDULE J, PART II COLUMN (F) WAS REPORTED AS DEFERRED COMPENSATION IN SCHEDULE J, PART II, COLUMN (C) IN A PRIOR YEAR. SCHEDULE J, PART I, LINE 7 THE UNIVERSITY OFFERS INCENTIVE COMPENSATION TO CERTAIN INVESTMENT PROFESSIONALS BASED UPON THE UNIVERSITY'S INVESTMENT PERFORMANCE. SEE RESPONSE TO QUESTION 4B ABOVE. IN ADDITION, ONE OFFICER LISTED IN SCHEDULE J, PART II RECEIVED A MERIT BASED BONUS AND THE AMOUNT OF THIS BONUS IS SHOWN ON SCHEDULE J, PART II, COLUMN (B)(II). A MASS DFA - SERIES S 043431814 57583UZQ4 2013-08-20 156252258 SEE PART VI false false false B MASS DFA - SERIES T 043431814 57584XK42 2017-01-31 141202852 SEE PART VI false false false C MASS DFA - SERIES U 043431814 57584YZH5 2020-04-02 187464608 SEE PART VI false false false A 47375000 0 156256983 0 3639607 0 676551 0 0 56365583 95575242 0 2016 true false true true B 0 0 141202852 0 0 0 922840 0 0 0 140280012 0 2010 false true true true C 0 0 187464608 0 0 135980000 1057037 0 0 0 50427571 0 2014 true false true true A false true true true true true 0.00900 0.00000 0.00900 false false false true B false true true true true true 0.02810 0.02810 false false false true C false true true true true true 0.00060 0.00060 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true A true B true C true SCHEDULE K, PART I, COLUMN F A. REFUNDING MHEFA SERIES N (9/04/03) - CONSTRUCTION, RENOVATION AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. B. ADVANCE REFUNDING OF SERIES P (07/26/07) - CONSTRUCTION, RENOVATION, AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. C. REFUNDING PORTION OF SERIES M-1, SERIES Q1 AND Q2, AND SERIES R1 AND R2 - CONSTRUCTION, RENOVATION, AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. PART II, LINE 3 THE DIFFERENCE BETWEEN THE AMOUNT OF TOTAL PROCEEDS AND THE ISSUE PRICE IN PART I IS THE RESULT OF INVESTMENT EARNINGS. Part IV, 2c. The rebate calculation dates are follows: Series S : 8/31/2016; SERIES T: 12/31/2020 JAMES HUSSON SR VP ADV MORTGAGE X 500000 500000 false true true MICHAEL LOCHHEAD EXECUTIVE VP MORTGAGE X 600000 600000 false true true DAVID QUIGLEY PROVOST MORTGAGE X 250000 159015 false true true JOHN BURKE VP FINANCE MORTGAGE X 600000 480000 false true true AMY YANCEY VP UNIV ADV MORTGAGE X 400000 400000 false true true DAVID TRAINOR VP HR MORTGAGE X 400000 400000 false true true 2539015 SUFFOLK CONSTRUCTION CONTROLLED ORG OF TRUSTEE 71671211 CONSTRUCTION SERVICES false SCHEDULE L, PART IV IN FISCAL 2017, FISCAL 2020, AND FISCAL 2021 BOSTON COLLEGE ENTERED INTO ARRANGEMENTS WITH SUFFOLK CONSTRUCTION COMPANY, INC. FOR THE CONSTRUCTION OF CERTAIN FACILITIES. THESE ARRANGEMENTS WERE REVIEWED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND WERE DETERMINED TO BE FAIR AND REASONABLE AND IN THE BEST INTERESTS OF BOSTON COLLEGE. IN ACCORDANCE WITH THE BOSTON COLLEGE CONFLICT OF INTEREST POLICY, THE RELATED TRUSTEE RECUSED HIMSELF FROM ALL DECISION MAKING ON THESE MATTERS. X 5 322503 OPINION OF EXPERTS X 188460 OPINION OF EXPERTS X 450 29373288 MARKET VALUE X SPRINKLER SYSTEMS/EQUIP 1 437198 ACTUAL INVOICE PRICE X FLOWERS 1 31007 ACTUAL INVOICE PRICE X FOSSILS 2 9516 ACTUAL INVOICE PRICE X THEATER PROPS 1 700 ACTUAL INVOICE PRICE 3 false true false SCHEDULE M, PART I, COLUMN (B) COLUMN B IS BASED ON THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 MISSION STRENGTHENED BY MORE THAN A CENTURY AND A HALF OF DEDICATION TO ACADEMIC EXCELLENCE, BOSTON COLLEGE COMMITS ITSELF TO THE HIGHEST STANDARDS OF TEACHING AND RESEARCH IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS AND TO THE PURSUIT OF A JUST SOCIETY THROUGH ITS OWN ACCOMPLISHMENTS, THE WORK OF ITS FACULTY AND STAFF, AND THE ACHIEVEMENTS OF ITS GRADUATES. IT SEEKS BOTH TO ADVANCE ITS PLACE AMONG THE NATION'S FINEST UNIVERSITIES AND TO BRING TO THE COMPANY OF ITS DISTINGUISHED PEERS AND TO CONTEMPORARY SOCIETY THE RICHNESS OF THE CATHOLIC INTELLECTUAL IDEAL OF A MUTUALLY ILLUMINATING RELATIONSHIP BETWEEN RELIGIOUS FAITH AND FREE INTELLECTUAL INQUIRY. BOSTON COLLEGE DRAWS INSPIRATION FOR ITS ACADEMIC AND SOCIETAL MISSION FROM ITS DISTINCTIVE RELIGIOUS TRADITION. AS A CATHOLIC AND JESUIT UNIVERSITY, IT IS ROOTED IN A WORLD VIEW THAT ENCOUNTERS GOD IN ALL CREATION AND THROUGH ALL HUMAN ACTIVITY, ESPECIALLY IN THE SEARCH FOR TRUTH IN EVERY DISCIPLINE, IN THE DESIRE TO LEARN, AND IN THE CALL TO LIVE JUSTLY TOGETHER. IN THIS SPIRIT, THE UNIVERSITY REGARDS THE CONTRIBUTION OF DIFFERENT RELIGIOUS TRADITIONS AND VALUE SYSTEMS AS ESSENTIAL TO THE FULLNESS OF ITS INTELLECTUAL LIFE AND TO THE CONTINUOUS DEVELOPMENT OF ITS DISTINCTIVE INTELLECTUAL HERITAGE. BOSTON COLLEGE PURSUES THIS DISTINCTIVE MISSION BY SERVING SOCIETY IN THREE WAYS: - BY FOSTERING THE RIGOROUS INTELLECTUAL DEVELOPMENT AND THE RELIGIOUS, ETHICAL AND PERSONAL FORMATION OF ITS UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS IN ORDER TO PREPARE THEM FOR CITIZENSHIP, SERVICE AND LEADERSHIP IN A GLOBAL SOCIETY; - BY PRODUCING NATIONALLY AND INTERNATIONALLY SIGNIFICANT RESEARCH THAT ADVANCES INSIGHT AND UNDERSTANDING, THEREBY BOTH ENRICHING CULTURE AND ADDRESSING IMPORTANT SOCIETAL NEEDS; AND - BY COMMITTING ITSELF TO ADVANCE THE DIALOGUE BETWEEN RELIGIOUS BELIEF AND OTHER FORMATIVE ELEMENTS OF CULTURE THROUGH THE INTELLECTUAL INQUIRY, TEACHING AND LEARNING, AND THE COMMUNITY LIFE THAT FORM THE UNIVERSITY. BOSTON COLLEGE FULFILLS THIS MISSION WITH A DEEP CONCERN FOR ALL MEMBERS OF ITS COMMUNITY, WITH A RECOGNITION OF THE IMPORTANT CONTRIBUTION A DIVERSE STUDENT BODY, FACULTY AND STAFF CAN OFFER, WITH A FIRM COMMITMENT TO ACADEMIC FREEDOM, AND WITH A DETERMINATION TO EXERCISE CAREFUL STEWARDSHIP OF ITS RESOURCES IN PURSUIT OF ITS ACADEMIC GOALS. VOLUNTEERS FORM 990, PART I, LINE 6 ALTHOUGH BOSTON COLLEGE HAS MANY VOLUNTEERS WHO DEDICATE THEIR TIME AND EFFORTS TO THE COLLEGE, THEIR NUMBER IS NOT FORMALLY TRACKED. ALL TRUSTEES ARE PROVIDING VOLUNTEER SERVICES TO BOSTON COLLEGE. BOSTON COLLEGE ALUMNI KEEP UP THE JESUIT, CATHOLIC TRADITION AFTER GRADUATION AS ALUMNI VOLUNTEERS. WHETHER IT'S SIMPLY KEEPING IN TOUCH WITH FELLOW EAGLES OR MAKING A DIFFERENCE THROUGH THE UNIVERSITY, BOSTON COLLEGE HAS ACTIVE ALUMNI WHO CONTINUE TO VOLUNTEER THEIR TIME TO CONTRIBUTE TO THE BOSTON COLLEGE COMMUNITY. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EXPENDITURES FOR RESEARCH, PUBLIC SERVICE AND OTHER MISCELLANEOUS PROGRAM REVENUES AND EXPENSES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION A - QUESTION 2 DANIEL F. BOURQUE AND MICHAEL J. BOURQUE HAVE A FAMILY RELATIONSHIP. WILLIAM C. CONNELL AND ROBERT F. MORRISSEY HAVE A FAMILY RELATIONSHIP. ALFRED F. KELLY JR AND DENISE M. MORRISON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 11 WORKING WITH PRICEWATERHOUSECOOPERS, LLP (PWC), THE FORM 990 IS PREPARED BY BOSTON COLLEGE. UPON COMPLETION, THE FULL FORM 990 IS REVIEWED BY SENIOR MANAGEMENT, THE PRESIDENT OF BOSTON COLLEGE, THE CHAIR OF THE BOARD OF TRUSTEES, AND THE CHAIR OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FULL 990 IS REVIEWED AT A FINANCE AND AUDIT COMMITTEE MEETING. UPON FINALIZATION AND PRIOR TO FILING, THE FORM 990 IS THEN FORWARDED TO ALL TRUSTEES FOR THEIR REVIEW. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. THE RETURN IS THEN POSTED ON THE BOSTON COLLEGE WEBSITE. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH BOSTON COLLEGE. THESE DISCLOSURES ARE REVIEWED BY THE FINANCIAL VICE PRESIDENT AND TREASURER AND HIS STAFF. THE FINANCIAL VICE PRESIDENT AND TREASURER PREPARES A REPORT OF ALL CONFLICTS FOR REVIEW WITH THE PRESIDENT, EXECUTIVE VICE PRESIDENT, AND GENERAL COUNSEL. FOLLOWING THEIR REVIEW, THE REPORT IS REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. ALL CONFLICT SITUATIONS ARE RESOLVED AT THIS FINAL REVIEW IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - POLICIES, QUESTIONS 15A & B BOSTON COLLEGE'S PRESIDENT IS A MEMBER OF THE SOCIETY OF JESUS. THE COMPENSATION AND BENEFITS OF WILLIAM P. LEAHY S.J., ALONG WITH OTHER MEMBERS OF THE JESUIT COMMUNITY WHO PROVIDE SERVICES TO BOSTON COLLEGE, ARE PAID TO THE JESUIT COMMUNITY. TOTAL PAYMENTS TO THE JESUIT COMMUNITY IN FY'21 WERE $4,991,083. FOR ALL OTHER OFFICERS, TRUSTEES, AND KEY EMPLOYEES, BOSTON COLLEGE HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET DATA AND ANALYSES. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION C - DISCLOSURE, LINE 19 BOSTON COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 POST-RETIREMENT GAIN/(LOSS): $6,758,536 FOREIGN CURRENCY EXCHANGE GAIN/(LOSS): $661,834 LIFE INCOME VALUE ADJUSTMENTS: ($2,271,022) LOSS ON WRITE-OFF OF GIFTS/PLEDGES: ($24,339,812) TOTAL: ($19,190,464) BOSTON COLLEGE ALUMNI ASSOCIATION LLC 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 02467 042103545 ALUM. REL MA 0 BC PINE MANOR COLLEGE 400 Heath St Chestnut Hill MA 02467 042321292 EDUCATION MA 501(C)(3) 2 BC true BOSTON COLLEGE IRELAND LIMITED 43 St Stephens Green DUBLIN EI EDUCATION EI 501(C)(3) BC true GREENHOUSE LONG ONLY ONSHORE FUND LP 650 S EXETER ST SUITE 1080 BALTIMORE MD 21202 384100170 INVESTMENTS MD BC EXCLUDED 5272858 35645368 false 0 false 0.74461 CHARITABLE REMAINDER TRUSTS (18) SUPPORT MA NA T true CHARITABLE REMAINDER TRUSTS (1) SUPPORT PA NA T true OTHER TRUSTS (4) SUPPORT MA NA T true POOLED LIFE INCOME FUND (1) SUPPORT MA NA T true CLOUGH OFFSHORE FUND LTD CRICKET SQ HUTCHINS DR BOX 2681 GRAND CAYMAN CAYMAN ISLANDS CJ KY1-1111 INVESTMENT CJ BC C 417940 21843054 0.50420 true false false false false false false false false false false true true false false false false false true true PINE MANOR COLLEGE S 122202000 FMV PINE MANOR COLLEGE R 14321729 FMV PINE MANOR COLLEGE K 4679370 FMV PINE MANOR COLLEGE L 749808 FMV BOSTON COLLEGE IRELAND LIMITED R 612771 FMV FORM 990, SCHEDULE R, PART IV, LINE 1 CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND PENNSYLVANIA.