2021-03-24T12:56:11-05:00 2020-06-30 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2019-07-01 141713034 BARD COLLEGE BARD 8457587511 CAMPUS ROAD PO BOX 5000 ANNANDALEONHUDSON NY 12054 LAURA RAMSEY CONTROLLER 8457587511 2021-03-17 1 JUDY A CAHEE P00281935 5184596700 2021-03-12 2019 2022-09-23 18:48:47Z LEON BOTSTEIN CAMPUS ROAD PO BOX 5000 ANNANDALEONHUDSON NY 12054 396461637 0 X WWW.BARD.EDU X 1860 NY BARD COLLEGE SEEKS TO PROVIDE A CHALLENGING ACADEMIC PROGRAM AND A SUPPORTIVE ENVIRONMENT THAT FOSTERS A COLLABORATIVE INTERCHANGE OF IDEAS IN THE CLASSROOM AS WELL AS AMBITION TO ACHIEVE EXCELLENCE. 25 25 4857 36 0 0 68428725 169752840 172808399 175720820 17145088 12845661 14665969 12906869 273048181 371226190 82610563 84018509 0 0 127901760 130841184 610946 30000 4156128 73069517 79113945 284192786 294003638 -11144605 77222552 571615300 660131701 260338935 273115682 311276365 387016019 X BARD COLLEGE SEEKS TO PROVIDE A CHALLENGING ACADEMIC PROGRAM AND A SUPPORTIVE ENVIRONMENT THAT FOSTERS A COLLABORATIVE INTERCHANGE OF IDEAS IN THE CLASSROOM AS WELL AS AMBITION TO ACHIEVE EXCELLENCE. 0 0 265088713 84018509 188565784 BARD COLLEGE IS AN INDEPENDENT, COMPREHENSIVE LIBERAL ARTS COLLEGE LOCATED ON A PARK-LAKE CAMPUS THAT COVERS MORE THAN 1,000 ACRES OF FIELDS AND FORESTED LAND BORDERING THE HUDSON RIVER. BARD HAS DEVELOPED A NEW VISION AND MODEL OF THE LIBERAL ARTS COLLEGE, AS A CENTRAL BODY SURROUNDED BY SIGNIFICANT INSTITUTES AND PROGRAMS - "SATELLITES" - THAT STRENGTHEN ITS' CURRICULUM. WHILE IT IS FLEXIBLE ENOUGH TO INCLUDE PROGRAMS FOR RESEARCH, GRADUATE STUDY, COMMUNITY OUTREACH, AND OTHER CULTURAL AND EDUCATIONAL ACTIVITIES, THE UNDERGRADUATE PROGRAM REMAINS ITS FOCUS. EACH SATELLITE PROGRAM IS DESIGNED TO ENHANCE THE UNDERGRADUATE COURSE OF STUDY BY OFFERING STUDENTS OPPORTUNITIES FOR INTERACTION WITH LEADING ARTISTS AND SCHOLARS. IN ADDITION TO THE UNDERGRADUATE COLLEGE, BARD HAS UNDERTAKEN A NUMBER OF IMPORTANT EDUCATIONAL INITIATIVES THAT INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING: DURING 1979, BARD ASSUMED CONTROL AND OWNERSHIP OF SIMON'S ROCK EARLY COLLEGE (NOW CALLED BARD COLLEGE AT SIMON'S ROCK) (SIMON'S ROCK) LOCATED IN GREAT BARRINGTON, MASSACHUSETTS. ALTHOUGH BARD AND SIMON'S ROCK REMAIN DISTINCT AND CARRY ON SEPARATE ACADEMIC PROGRAMS AT THEIR RESPECTIVE CAMPUSES, THE RELATIONSHIP BETWEEN THE TWO INSTITUTIONS GIVES BARD AN EXCEPTIONAL OPPORTUNITY TO APPLY ITS EXPERIENCE AS A LIBERAL ARTS COLLEGE TO THE DEVELOPMENT OF A STRONG CURRICULUM FOR YOUNGER STUDENTS. IN MARCH 1986, BARD ESTABLISHED THE LEVY ECONOMICS INSTITUTE OF BARD COLLEGE, WHICH IS DEDICATED TO IMPROVING THE HUMAN CONDITION THROUGH THE STUDY OF ECONOMICS AND THE GENERATION OF EFFECTIVE PUBLIC POLICY RESPONSES TO IMPORTANT PROBLEMS WORLDWIDE. DURING 1992, BARD ENTERED INTO AN OPERATING AGREEMENT WITH THE IRIS FOUNDATION TO ESTABLISH AND MAINTAIN THE BARD GRADUATE CENTER FOR STUDIES IN THE DECORATIVE ARTS, DESIGN, AND CULTURE (BGC). SINCE 1993, THE BGC HAS PRESENTED A UNIQUE, MULTIDISCIPLINARY, AND BROADLY INTERNATIONAL APPROACH TO THE STUDY OF THE DECORATIVE ARTS. THE BGC OFFERS A MASTERS OF ARTS DEGREE IN THE HISTORY OF THE DECORATIVE ARTS AND A DOCTOR OF PHILOSOPHY DEGREE IN THE HISTORY OF THE DECORATIVE ARTS, DESIGN, AND CULTURE. IT SPONSORS SEVERAL MAJOR EXHIBITIONS ANNUALLY AND PRESENTS DIVERSE PUBLIC PROGRAMS FOR AUDIENCES RANGING FROM DECORATIVE ARTS PROFESSIONALS AND COLLECTORS TO SCHOOLCHILDREN. THE BGC IS LOCATED IN NEW YORK CITY, IN TWO BEAUX ARTS TOWNHOUSES CLOSE TO THE CITY'S LEADING MUSEUMS AND GALLERIES, AND, IN BARD HALL. DURING 2003, THE RICHARD B. FISHER CENTER FOR THE PERFORMING ARTS AT BARD COLLEGE (FISHER CENTER) WAS OPENED OFFERING A WORLD-CLASS COMPLEX FOR INNOVATIVE ARTISTIC REPRESENTATION. THE FISHER CENTER IS HOME TO BARD COLLEGE'S THEATER AND DANCE PROGRAMS, AS WELL AS THE BARD MUSIC FESTIVAL, AND HOST TO PERFORMANCES BY THE AMERICAN SYMPHONY ORCHESTRA. GENERALLY, THE FISHER CENTER PROVIDES AUDIENCES WITH A BOLD AND DYNAMIC ENVIRONMENT THAT INSPIRES RISK-TAKING PERFORMANCE AND PROVOCATIVE PROGRAMS IN ORCHESTRAL, CHAMBER, AND JAZZ MUSIC AND THEATER, DANCE AND OPERA BY AMERICAN AND INTERNATIONAL ARTISTS. DURING 2011, BARD ALSO ASSUMED CONTROL AND OWNERSHIP OF ECLA - EUROPEAN COLLEGE OF LIBERAL ARTS GGMBH, NOW CALLED BARD COLLEGE BERLIN, GGMBH AND BARD REAL ESTATE GMBH, A GERMAN ENTITY HOLDING TITLE TO ALL BUT ONE OF BARD COLLEGE BERLIN, GGMBH'S LAND AND BUILDINGS. BARD COLLEGE BERLIN, GGMBH IS A LIBERAL ARTS UNIVERSITY OFFERING AN INNOVATIVE, INTERDISCIPLINARY CURRICULUM WITH A GLOBAL SENSIBILITY. STUDENTS COME TO BERLIN FROM 30 COUNTRIES IN ORDER TO STUDY WITH THE INTERNATIONAL FACULTY. BARD COLLEGE BERLIN, GGMBH IS A REGISTERED AS A SEPARATE 501(C)(3) ORGANIZATION. BARD REAL ESTATE GBMH IS A FOR-PROFIT ENTITY SUBJECT TO GERMAN TAXATION. DURING 2012, BARD ASSUMED CONTROL AND OWNERSHIP OF LONGY SCHOOL OF MUSIC, NOW CALLED THE LONGY SCHOOL OF MUSIC OF BARD COLLEGE (LONGY), LOCATED IN CAMBRIDGE, MASSACHUSETTS. LONGY IS A LEADING DEGREE-GRANTING CONSERVATORY AND SCHOOL OF CONTINUING AND PREPARATORY STUDIES AND OFFERS ELEVEN PROGRAMS LEADING TO A MASTER OF MUSIC DEGREE, AND INTRODUCED A NEW MASTER OF ARTS IN TEACHING PROGRAM IN 2013. 265088713 1 1 0 1 0 0 1 1 0 1 1 0 0 1 1 1 0 0 1 1 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1227 0 1 4857 1 0 1 GM 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY X LEON BOTSTEIN 8457587423 30 CAMPUS ROAD ANNANDALEONHUDSON NY 12504 JAMES C CHAMBERS CHAIR 1.00 1.00 X X 0 0 0 GEORGE F HAMEL VICE CHAIR 1.00 1.00 X X 0 0 0 EMILY H FISHER VICE CHAIR 1.00 1.00 X X 0 0 0 ELIZABETH ELY SECRETARY, LIFE TRUSTEE 1.00 1.00 X X 0 0 0 STANLEY A REICHEL TREASURER, LIFE TRUSTEE 1.00 1.00 X X 0 0 0 LEON BOTSTEIN PRESIDENT/TRUSTEE 60.00 5.00 X X 439651 0 142979 FIONA ANGELINI TRUSTEE 1.00 1.00 X 0 0 0 ROLAND J AUGUSTINE TRUSTEE 1.00 1.00 X 0 0 0 LEONARD BENARDO TRUSTEE 1.00 1.00 X 0 0 0 MARK E BROSSMAN TRUSTEE 1.00 1.00 X 0 0 0 JINGQING CAI TRUSTEE 1.00 1.00 X 0 0 0 MARCELLE CLEMENTS TRUSTEE 1.00 1.00 X 0 0 0 ANDREW M L DIETSCHE TRUSTEE 1.00 1.00 X 0 0 0 ASHER B EDELMAN TRUSTEE 1.00 1.00 X 0 0 0 ROBERTS S EPSTEIN TRUSTEE 1.00 1.00 X 0 0 0 BARBARA S GROSSMAN TRUSTEE 1.00 1.00 X 0 0 0 ANDREW S GUNDLACH TRUSTEE 1.00 1.00 X 0 0 0 MATINA S HORNER TRUSTEE 1.00 1.00 X 0 0 0 CHARLES S JOHNSON III TRUSTEE 1.00 1.00 X 0 0 0 MARK N KAPLAN TRUSTEE 1.00 1.00 X 0 0 0 GEORGE A KELLNER TRUSTEE 1.00 1.00 X 0 0 0 FREDRIC S MAXIK TRUSTEE 1.00 1.00 X 0 0 0 JAMES H OTTAWAY TRUSTEE 1.00 1.00 X 0 0 0 HILARY PENNINGTON TRUSTEE 1.00 1.00 X 0 0 0 MARTIN PERETZ TRUSTEE 1.00 1.00 X 0 0 0 STEWART RESNICK TRUSTEE 1.00 1.00 X 0 0 0 DAVID E SCHWAB II TRUSTEE 1.00 1.00 X 0 0 0 ROGER N SCOTLAND TRUSTEE 1.00 1.00 X 0 0 0 ANNABELLE SELLDORF TRUSTEE 1.00 1.00 X 0 0 0 JONATHAN SLONE TRUSTEE 1.00 1.00 X 0 0 0 MOSTAFIZ SHAH MOHAMMED TRUSTEE 1.00 1.00 X 0 0 0 JEANNETTE TAYLOR TRUSTEE 1.00 1.00 X 0 0 0 ALEX SOROS TRUSTEE 1.00 1.00 X 0 0 0 JAMES A VON KLEMPERER TRUSTEE 1.00 1.00 X 0 0 0 BRANDON WEBER TRUSTEE 1.00 1.00 X 0 0 0 SUSAN WEBER TRUSTEE 1.00 1.00 X 0 0 0 PATRICIA ROSS WEIS TRUSTEE 1.00 1.00 X 0 0 0 JAMES BRUDVIG FMR VP ADMIN & FIN/VISITING FACULTY 40.00 0.00 X 288183 0 32575 TAUN TOAY CFO, VP FINANCE 40.00 5.00 X 216632 0 27191 JONATHAN BECKER EXECUTIVE VP 40.00 0.00 X 241901 0 37153 DEBRA PEMSTEIN VP DEVELOPMENT 40.00 0.00 X 246547 0 37617 TIM ETTENHEIM COO, BGC 40.00 0.00 X 209847 0 20984 DEIRDRE D'ALBERTIS DEAN 40.00 0.00 X 186387 0 31601 IAN BICKFORD PROVOST, SIMON'S ROCK 40.00 0.00 X 201797 0 21003 DIMITRI PAPADIMITRIOU PRESIDENT LEVY ECONOMIC INSTITUTE 40.00 0.00 X 241800 0 43188 TOM ECCLES EXECUTIVE DIRECTOR CCS 40.00 0.00 X 354254 0 40963 KAREN ZORN PRESIDENT, LONGY 40.00 0.00 X 245046 0 37483 PETER MILLER DEAN, BGC 40.00 0.00 X 208230 0 20523 JAMES BAGWELL DIRECTOR OF MUSIC PROGRAMS 40.00 0.00 X 204695 0 23434 NORTON BATKIN DEAN OF GRADUATE STUDIES 40.00 0.00 X 207079 0 33670 3492049 0 550364 167 0 1 0 BERKELEY RESEARCH GROUP 2200 POWELL STREET SUITE 1200 EMERYVILLE CA 94608 CONSULTING 301058 COMMUNITY COUNSELING SERVICES PO BOX 824885 PHILADELPHIA PA 191824885 PROFESSIONAL FUNDRAISERS 247195 ELLUCIAN COMPANY 62578 COLLECTION CENTER DRIVE CHICAGO IL 60693 SOFTWARE PROVIDER 244597 SPITFIRE STRATEGIES 2300 N STREET NW SUITE 610 WASHINGTON DC 20037 CONSULTING 197654 SHOLES AND MILLER LLP 300 WESTGATE BUSINESS CENTER DRIVE FISHKILL NY 12524 LEGAL SERVICES 158112 11 241130 5605301 163906409 169752840 TUTITON & FEES 611710 148163528 148163528 ROOM & BOARD CHARGES 611710 26363944 26363944 OTHER CHARGES 611710 625169 625169 CAMPUS & SUMMER RENTAL 611710 568179 568179 175720820 12187355 12187355 25760133 25101827 658306 658306 658306 195525 241130 133620 61905 61905 OTHER REVENUE 900099 11261165 11261165 TICKET SALES FOR PERFORMANCES 900099 1552041 1552041 STUDENT FINES & OTHER CHARGES 900099 31758 31758 12844964 371226190 188565784 0 12907566 1263188 1263188 81377021 81377021 1378300 1378300 2719749 156712 2340628 222409 92598755 82475690 7994399 2128666 7597551 5860322 1587675 149554 20096117 16129845 3278235 688037 7829012 6627515 997033 204464 186341 186341 1521063 156780 1364283 193572 193572 63584 63584 30000 30000 55115 55115 10732109 9931058 663121 137930 1777987 1335373 436831 5783 3190678 2193672 862328 134678 684102 377718 301258 5126 12945 12945 10335346 9883846 420367 31133 5280020 4838483 388131 53406 445895 416746 26586 2563 9790172 9517265 256413 16494 10978760 10108494 822407 47859 1270940 146950 1123990 PROGRAM SUPPLIES 9901375 9338158 363187 200030 FOOD SERVICE 8904412 8827044 20670 56698 MISCELLANEOUS 1336548 1138306 178429 19813 RECRUITING/STAFF DEVEL. 611461 415959 195219 283 1841520 1181323 638995 21202 294003638 265088713 24758797 4156128 960104 1598422 3837754 6289158 107930741 204372919 8228417 9872970 4699543 4427686 9409946 3618871 489755498 201642275 291893245 288113223 22625414 22912192 122030136 118926260 571615300 660131701 28945061 25965915 24479947 17017792 124830000 122585000 21000000 39000000 55812322 57171993 2400000 9599464 2871605 1775518 260338935 273115682 X 70616044 60550955 240660321 326465064 311276365 387016019 571615300 660131701 77222552 -1482898 0 X 0 1 X 1 1 1 X 82867366 84011273 72084547 68428725 169752840 477144751 82867366 84011273 72084547 68428725 169752840 477144751 77198989 399945762 1602203 9614060 8546348 16153702 12187355 48103668 33539 37342 321274 61905 454060 5073106 8717753 12088959 14344695 12844964 53069477 578771956 848600790 0.69100 0.68510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2015 AMOUNT: $ 3,512,641. 2016 AMOUNT: $ 7,527,953. 2017 AMOUNT: $ 10,344,624. 2018 AMOUNT: $ 12,470,961. 2019 AMOUNT: $ 11,261,165. TICKET SALES FOR PERFORMANCES - 2015 AMOUNT: $ 1,489,311. 2016 AMOUNT: $ 1,144,238. 2017 AMOUNT: $ 1,701,284. 2018 AMOUNT: $ 1,835,726. 2019 AMOUNT: $ 1,552,041. STUDENT FINES OTHER CHARGES - 2015 AMOUNT: $ 71,154. 2016 AMOUNT: $ 45,562. 2017 AMOUNT: $ 43,051. 2018 AMOUNT: $ 38,008. 2019 AMOUNT: $ 31,758. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 63584 63584 0 PART II-B, LINE 1: PAYMENT TO THIRD PARTIES FOR LOBBYING SERVICES. X X X 1 380.00 1 0 0 1 0 1 1235126 X X 0 209045450 13194750 -233738 1201514 220804948 247814681 8550905 -9507606 37812530 209045450 221879273 1465462 1666877 7661920 217349692 209181333 1362410 14275360 2939830 221879273 228483361 3106324 -20135398 2272954 209181333 0.07260 0.45650 0.47090 1 0 47603852 47603852 397535980 168459642 229076338 33304313 24447767 8856546 11311353 8734866 2576487 288113223 BENEFICIAL INTEREST IN BARD ENDOWMENT TRUST 103971335 BENEFICIAL INTEREST IN PERPETUAL TRUST 9507914 DEPOSITS WITH BOND TRUSTEES 4211885 OTHER ASSETS 1235126 118926260 REFUNDABLE US GOVERNMENT STUDENT LOANS 975518 LEGAL PROVISION LIABILITY 800000 1775518 X 288499891 -1482898 -81377021 -82859919 371359810 -133620 -133620 371226190 212760237 133620 133620 212626617 81377021 81377021 294003638 PART II, LINE 9: DURING THE CURRENT YEAR, NO REVENUE OR EXPENDITURES WERE REPORTED ON THE FINANCIAL STATEMENTS. THE ASSET IS RECORDED ON THE BOOKS OF THE COMPANY. PART III, LINE 4: THE ART COLLECTION IS USED FOR SCHOLARLY RESEARCH AND PUBLIC EXHIBITION. THE ART HISTORY DEPARTMENT USES THE DISPLAY FOR ITS CLASSWORK. PART V, LINE 4: SCHOLARSHIPS, NAMED CHAIR EXPENSES, AND GENERAL EXPENSES. PART X, LINE 2: BARD IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES. BARD COLLEGE HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATION FOUNDATION UNDER SECTION 509 (A) OF THE CODE. BARD COLLEGE FILES FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKE ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFITS THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT ENVAULTED BARD COLLEGE'S TAX POSITIONS INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THERE ARE NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID -81,377,021. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -133,620. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 133,620. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 81,377,021. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BARD COLLEGE MAKES ITS RACIALLY NONDISCRIMINATORY POLICY KNOWN THROUGH ALL FORMS OF MEDIA EMPLOYED TO SOLICIT STUDENTS AND SEVERE ITS GENERAL CONSTITUENCY. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR ASSISTANCE FROM GOVERNMENT AGENCIES WERE USED TO PROVIDE ASSISTANCE TO STUDENTS ATTENDING THE COLLEGE IN PAYMENT OF TUITION AND FEES. 0 RUSSIA AND NEIGHBORING STATES 1 2 PROGRAM SERVICES ACADEMIC SUPPORT 580295 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICES ACADEMIC SUPPORT 75205 MIDDLE EAST AND NORTH AFRICA 1 10 PROGRAM SERVICES ACADEMIC SUPPORT 81337 EAST ASIA AND THE PACIFIC 1 PROGRAM SERVICES ACADEMIC SUPPORT 641463 2 13 0 0 2 13 1378300 0 1378300 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, PROGRAM SERVICES 580295 EFT EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PROGRAM SERVICES 75205 EFT MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, PROGRAM SERVICES 81337 EFT EAST ASIA AND THE PACIFIC PROGRAM SERVICES 641463 EFT 0 0 1 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 2: RUSSIA - BARD COLLEGE RECEIVES REQUESTS FOR FUNDS FROM SMOLNY COLLEGE WITH SPECIFIC LINE ITEM AMOUNTS FOR EACH EXPENDITURE. THAT REQUEST IS THEN REVIEWED AND APPROVED BY THE DIRECTOR OF THE INSTITUTE OF INTERNATIONAL LIBERAL EDUCATION OF BARD COLLEGE AND THE CONTROLLER. TWICE PER YEAR AN INTERNATIONAL BOARD OF OVERSEERS MEET TO REVIEW AMONG OTHER THINGS, A FINANCIAL REPORT FROM SMOLNY COLLEGE. SMOLNY COLLEGE IS A PART OF ST. PETERSBURG UNIVERSITY, WHICH IS A PART OF THE STATE UNIVERSITY SYSTEM IN RUSSIA. PALESTINE - BARD COLLEGE REVIEWERS REQUEST FOR FUNDS FROM THE AL QUDS BARD MANAGER OF FINANCE AND ADMINISTRATION EACH SEMESTER. THE REQUESTS INCLUDES ITEMIZED BREAKDOWN OF EXPENSES AND ACCEPTABLE SUPPORTING DOCUMENTATION (I.E. CHECK STUBS AND EXPENSE RECEIPTS). BARD COLLEGE'S AL QUDS PROGRAM MANAGER (HOUSED ON THE BARD U.S. CAMPUS) REVIEWS AND APPROVES THE REQUESTS. GERMANY - BARD COLLEGE RECEIVES REQUESTS FOR FUNDS FROM EUROPEAN COLLEGE OF LIBERAL ARTS FOR ADMINISTRATIVE AND PROGRAM SUPPORT. X X X X X 1 KAREN HERSHEY - KH EVENTS NYC 356 BROADWAY NO 3B NEW YORK NY 10013 CONSULTING 0 436655 30000 406655 436655 30000 406655 NY MA SUMMERSCAPE GALA 436655 241130 195525 67808 42220 13085 10507 436655 241130 195525 67808 42220 13085 10507 133620 61905 1 AMERICAN SYMPHONY ORCHESTRA 263 W 38TH STREET NEW YORK NY 10015 131969375 501(C)(3) 1263188 SUPPORT 1 0 BARD UNDERGRADUATE SCHOLARSHIPS 1304 56510114 FMV BARD GRADUATE SCHOLARSHIPS 369 7133809 FMV SIMON'S ROCK UNDERGRADUATE SCHOLARSHIPS 411 12943097 FMV LONGY SCHOOL OF MUSIC SCHOLARSHIPS 88 4790001 FMV PART I, LINE 2: THE COLLEGE REVIEWS ALL AMERICAN SYMPHONY ORCHESTRA'S EXPENDITURES FOR WHICH ITS GRANTS ARE INTENDED. ASSISTANCE FOR INDIVIDUAL STUDENTS IS PROVIDED THROUGH FEDERAL, STATE AND COLLEGE PROGRAMS AND EXTERNAL AGENCIES. THE COLLEGE ADMINISTERS THESE PROGRAMS. TYPICALLY, FINANCIAL AID FUNDS ADMINISTERED BY THE COLLEGE ARE AWARDS ON THE BASIS OF FINANCIAL NEED (AS DETERMINED BY THE FEDERAL GOVERNMENT, DEPARTMENT OF EDUCATION, STATE AGENCIES, THE COLLEGE SCHOLARSHIP SERVICES, AND BARD COLLEGE), ACADEMIC ACHIEVEMENT, AND PROMISE. THE COLLEGE'S OFFICE OF FINANCIAL AID IS RESPONSIBLE FOR AWARDING AND MONITORING FEDERAL AND STATE FINANCIAL AID DISTRIBUTIONS. STUDENTS APPLY FINANCIAL AID BY COMPLETING A FASFA FORM WHICH DETERMINES ELIGIBILITY. STUDENT ELIGIBILITY IS PERIODICALLY MONITORED TO ENSURE THAT GRANT AWARDS ARE USED FOR THEIR INTENDED PURPOSE. 1 X X X X X 0 0 0 0 0 0 0 0 0 LEON BOTSTEIN PRESIDENT/TRUSTEE 439651 0 0 0 0 0 130016 0 12963 0 582630 0 0 0 JAMES BRUDVIG FMR VP ADMIN & FIN/VISITING FACULTY 288183 0 0 0 0 0 26828 0 5747 0 320758 0 0 0 TAUN TOAY CFO, VP FINANCE 216632 0 0 0 0 0 21578 0 5613 0 243823 0 0 0 JONATHAN BECKER EXECUTIVE VP 241901 0 0 0 0 0 24190 0 12963 0 279054 0 0 0 DEBRA PEMSTEIN VP DEVELOPMENT 246547 0 0 0 0 0 24654 0 12963 0 284164 0 0 0 TIM ETTENHEIM COO, BGC 209847 0 0 0 0 0 20984 0 0 0 230831 0 0 0 DEIRDRE D'ALBERTIS DEAN 186387 0 0 0 0 0 18638 0 12963 0 217988 0 0 0 IAN BICKFORD PROVOST, SIMON'S ROCK 201797 0 0 0 0 0 20180 0 823 0 222800 0 0 0 DIMITRI PAPADIMITRIOU PRESIDENT LEVY ECONOMIC INSTITUTE 241800 0 0 0 0 0 30225 0 12963 0 284988 0 0 0 TOM ECCLES EXECUTIVE DIRECTOR CCS 354254 0 0 0 0 0 28000 0 12963 0 395217 0 0 0 KAREN ZORN PRESIDENT, LONGY 245046 0 0 0 0 0 19500 0 17983 0 282529 0 0 0 PETER MILLER DEAN, BGC 208230 0 0 0 0 0 20523 0 0 0 228753 0 0 0 JAMES BAGWELL DIRECTOR OF MUSIC PROGRAMS 204695 0 0 0 0 0 23434 0 0 0 228129 0 0 0 NORTON BATKIN DEAN OF GRADUATE STUDIES 207079 0 0 0 0 0 20707 0 12963 0 240749 0 0 0 A DUTCHESS COUNTY INDUSTRIAL DEVELOPMENT 141613685 267041GD7 2007-05-11 138397245 FINANCE CONSTRUCTION 0 0 0 B MA DEVELOPMENT FINANCE AGENCY 043431814 57583RMK8 2007-05-11 3952817 FINANCE CONSTRUCTION 0 0 0 A 19312245 138397245 4095562 2549176 38107060 93743784 2009 1 1 1 1 B 452817 3952817 116323 54313 3781394 2007 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 1 CITIGROUP 350.000000000000 1 0 1 B 0 0 0 1 0 0 1 CITIGROUP 350.000000000000 1 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DUTCHESS COUNTY INDUSTRIAL DEVELOPMENT DATE THE REBATE COMPUTATION WAS PERFORMED: 05/11/2011 ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/11/2011 GEORGE HAMEL VICE CHAIR/TRUSTEE WORKING CAPITAL X 5000000 5000000 0 1 1 STEWART RESNICK TRUSTEE WORKING CAPITAL X 14000000 14000000 0 1 1 JAMES CHAMBERS CHAIR SCHOLARSHIP SUPPORT X 20000000 20000000 0 1 1 39000000 CLARA BOTSTEIN PRESIDENTS DAUGHTER 100000 SEE PART V 0 SCHEDULE L, PART IV, LINE 2, COLUMN D: CLARA BOTSTEIN IS AN ASSOCIATE VP AT THE COLLEGE AND IS COMPENSATED FOR SERVICES RENDERED FULFILLING THAT POSITION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE THEN REPORTS TO THE FULL BOARD THAT THEY HAVE APPROVED THE 990 FOR FILING. A COPY OF THE FINAL 990 IS PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW ANNUALLY AND UPDATED CONFLICT OF INTEREST POLICY AND DISCLOSURE, WITH A SIGNATURE PAGE THAT IS REQUIRED TO BE SIGNED AND RETURNED TO THE ORGANIZATION AND KEPT ON FILE. APPROPRIATE ACTIONS ARE TAKEN IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION IS DETERMINED ON THE BASIS OF PERFORMANCE EVALUATION, SENIORITY, AND COMPENSATION COMPARISONS WITH OTHER COLLEGES. THE PRESIDENT'S COMPENSATION PACKAGE IS REPORTED TO THE BOARD BY THE COMPENSATION COMMITTEE AT A REGULAR BOARD MEETING. THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IS DETERMINED BY THE PRESIDENT ON THE BASIS OF PERFORMANCE EVALUATION, SENIORITY, AND COMPENSATION COMPARATIONS AT OTHER COLLEGES AND POLICY INSTITUTES. OTHER OFFICER AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE PRESIDENT AND/OR EXECUTIVE VICE PRESIDENT ON THE BASIS OF PERFORMANCE EVALUATIONS, SENIORITY, AND COMPENSATION COMPARISONS AT OTHER COLLEGES AVAILABLE FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA). FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS OF BARD COLLEGE ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE COLLEGE'S FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.ORG. BARD COLLEGE BERLIN A LIBERAL ARTS UNIVERSITY GGMBH 30 CAMPUS ROAD ANNANDALEONHUDSON NY 12504 320105791 EDUCATION GM 501(C)(3) LINE 2 BARD COLLEGE 1 BARD BERLIN RE LLC 30 CAMPUS ROAD ANNANDALE NY 12504 831502789 CONSTRUCTION NY BARD COLLEGE RELATED 0 1 0.51000 BARD REAL ESTATE GMBH KURFURSTENDAMN 48-49 BERLIN GM 10707 REAL ESTATE GM BARD BERLIN C 1993115 6587617 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0