2019-05-15T16:23:10-05:00 2018-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2017-07-01 540534105 Sweet Briar Institute % GARY MCCOMBS SWEE 4343816353 PO Box 1051 Sweet Briar VA 245951051 LORI A HUSEIN VP of FINANCE/ADmin 6262444355 2019-05-14 true Charles A Henderson P00018045 4046886841 2019-05-15 38.140.171.210 58727420191355000006 2019-05-15 P BD27658CA8F3FC5F01A78B74590DF9E3712FBF89 4DB68E9310AB6A0CC47BBA369B123970E8804FD7 2017 2019-02-21 02:37:17Z Meredith Woo PO Box 1051 Sweet Briar VA 245951051 50708868 false X www.sbc.edu X 1901 VA TO PROVIDE A LIBERAL ARTS EDUCATION TO STUDENTS. 29 28 527 1000 449731 0 18409443 14304028 17450687 15596476 3274103 1931180 3165754 3484794 42299987 35316478 8204556 7377147 0 0 17946148 15704425 0 0 1518137 12733466 13665703 38884170 36747275 3415817 -1430797 144166331 143626768 17073304 16070231 127093027 127556537 X SEE SCHEDULE O false false 12113511 11366990 INSTRUCTION: TO PROVIDE A LIBERAL ARTS EDUCATION FOR ALL STUDENTS. BENEFITS APPROXIMATELY 300 STUDENTS. 3584212 4637208 AUXILIARY ENTERPRISES: TO PROVIDE STUDENTS WITH HOUSING, FOOD SERVICES, RECREATION AND INSTRUCTIONAL MATERIALS. BENEFITS APPROXIMATELY 300 STUDENTS. 7377147 7377147 2627341 SCHOLARSHIPS: To provide scholarships to students with both financial need as well as academic excellence. Benefits approximately 300 students. 23074870 true true false false false false false true false true true true false true true true false true true true true false true false false false false false true true true false false false false false false false false false false true false false false false true false false false true 65 0 true 527 true true true true FR false false false false false false false false X 29 28 false false false false false false false true true false false true true true true true true true true false VA X GARY MCCOMBS 4343816353 PO BOX 1051 SWEET BRIAR VA 245951051 MR ANDREW BENJAMIN Director 4.0 1.0 X 0 0 0 MS JACQUELYNE E BULLETT Director 4.0 1.0 X 0 0 0 MRS LEAH A BUSQUE Director 4.0 1.0 X 0 0 0 MS ALICE DIXON Director 4.0 1.0 X 0 0 0 MR WILLIAM DRAKE JR Director 4.0 1.0 X 0 0 0 DR MARIANNE C FAHS Director 4.0 1.0 X 0 0 0 MRS KELLY M FITZPATRICK Director 4.0 1.0 X 0 0 0 CAROL MCMURTRY FOWLER Director 4.0 1.0 X 0 0 0 MRS SUNY MONK Director 4.0 1.0 X 0 0 0 MR BERNARD A NIEMEIER Director 4.0 1.0 X 0 0 0 MR FRANK W ROACH Director 4.0 1.0 X 0 0 0 MRS MASON BENNETT RUMMEL Director 4.0 1.0 X 0 0 0 MS Heinz K SIMON Director 4.0 1.0 X 0 0 0 MRS TERESA TOMLINSON Director 4.0 1.0 X 0 0 0 MS GEORGENE M VAIRO Director 4.0 1.0 X 0 0 0 MISS CECELIA VALENTINE Director 4.0 1.0 X 0 0 0 MISS ELINOR WARNER Director 4.0 1.0 X 0 0 0 DR MARSHALYN YEARGIN-ALLSOPP Director 4.0 1.0 X 0 0 0 JOHN R ALFORD JR DIRECTOR 4.0 1.0 X 0 0 0 SALLY MOTT FREEMAN DIRECTOR 4.0 1.0 X 0 0 0 MR FRED GRIFFIN DIRECTOR 4.0 1.0 X 0 0 0 KAREN JACKSON DIRECTOR 4.0 1.0 X 0 0 0 THE REVEREND KEENAN KELSEY DIRECTOR 4.0 1.0 X 0 0 0 MRS LIZA LEE DIRECTOR 4.0 1.0 X 0 0 0 MS GILLIAN MUNSON DIRECTOR 4.0 1.0 X 0 0 0 MRS CAVILLE STANBURY-WOOLERY DIRECTOR 4.0 1.0 X 0 0 0 MS MEIGHAN STONE DIRECTOR 4.0 1.0 X 0 0 0 MRS CLAUDE B WASSERSTEIN DIRECTOR 4.0 1.0 X 0 0 0 MEREDITH WOO PRESIDENT 40.0 2.0 X X 250597 0 9812 Nancyellen Keane VP OF ADMin / GENERAL COUNSEL 40.0 2.0 X 180188 0 1742 LORI A HUSEIN VP FINANCE & ADMINISTRATION 40.0 20.0 X 0 0 0 Mary Pope Hutson VP of Alumnae & Development 40.0 2.0 X 187932 0 8984 Henry M Yochum dir of ENGINEERING/PROFESSOR 40.0 2.0 X 98077 0 11842 KELLY KRAFT-MEYER DEAN OF STUDENT LIFE 40.0 2.0 X 114884 0 20517 ROBERT GRANGER DEAN OF COLLEGE/PROFESSOR 40.0 2.0 X 100424 0 2034 Mr Phillip C Stone President 40.0 2.0 X 94476 0 1669 JAMES B QUERY PRESIDENT 40.0 2.0 X 104318 0 850 WILLIAM ALLEN DEAN OF ADM & FINANCIAL AID 40.0 2.0 X 131532 0 21484 Pamela DeWeese Interim Dean / VP OF DEAN 40.0 2.0 X 101403 0 8499 1363831 0 87433 8 true true false MERIWETHER-GODSEY 4944 OLD BOONSBORO RD LYNCHBURG VA 24503 FOOD SERVICES 636878 CAPTURE LLC 2303 RIVER ROAD SUITE 201 LOUISVILLE KY 40206 RECRUITMENT 373900 BDO USA LLP 770 KENMOOR SE SUITE 300 GRAND RAPIDS MI 49546 AUDIT SERVICES 133113 ALEXANDER HAAS INC 3520 PIEDMONT ROAD NE ATLANTA GA 30305 FUNDRAISING 118000 PRIME BUCHHOLZ 273 CORPORATE DR PEASE PORTSMOUTH NH 03801 INVESTMENT MANAGER 100000 4 163324 14140704 1583040 14304028 TUITION AND FEES 611710 11367990 11367990 STUDENT SERVICES 611710 4187477 4187477 SALES & SERVICES 611710 41009 41009 15596476 713786 713786 0 0 0 0 0 15856767 753017 15392390 464377 753017 1217394 1217394 0 0 0 0 0 0 0 0 0 ALUMNAE ASSOCIATION 611710 145917 145917 FLORENCE ELSTON INN 721110 398073 398073 CELL TOWER 517000 51658 51658 2889146 2889146 3484794 35316478 18631539 449731 1931180 0 7128438 7128438 248709 248709 0 1249252 580 1057132 191540 0 11391461 7744264 2867616 779581 181810 109321 57560 14929 2075745 889284 1099950 86511 806157 492791 251278 62088 396976 29861 223146 143969 46308 12111 34197 133115 1 133114 0 0 56403 56403 1190668 921069 261339 8260 453230 6528 446077 625 647427 354354 216834 76239 354880 65188 283366 6326 0 1151627 1151627 465081 281223 108759 75099 0 28926 16906 12213 -193 854519 2030 852489 0 2464666 1061857 1402809 339240 22634 316606 ABROAD PROGRAMS 1015535 1015535 OTHER NON CAPITAL EQUIPMENT 174534 64435 110099 MEMBERSHIPS 366272 318355 43394 4523 INSTRUCTIONAL MATERIALS 3526296 2289396 1168260 68640 36747275 23074870 12154268 1518137 X 0 0 8761716 7340570 7142971 7568007 375201 202950 0 0 0 0 1676896 1674278 72653 63193 254510 26955 99845178 46666750 53657452 53178428 57052287 55167389 6384256 9493774 0 0 0 0 8788389 8911224 144166331 143626768 921520 1185386 0 0 288692 -32513 14404991 13670847 0 0 0 0 0 0 0 0 1458101 1246511 17073304 16070231 X 42968772 31156561 31312914 37111669 52811341 59288307 127093027 127556537 144166331 143626768 X -1430797 677211 1217096 X false true X true true true X 7159858 14694413 14359699 18409443 14304028 68927441 0 0 7159858 14694413 14359699 18409443 14304028 68927441 5016546 63910895 2236896 1291937 430526 555747 713786 5228892 0 119769 427793 425715 2622320 2889146 6484743 80641076 106285409 0.79253 0.81145 X X X X X false 76875075 1723423 4916885 4930903 3767133 74817347 70503393 992110 8379572 0 0 3000000 76875075 71907115 1088672 -1803891 0 592420 96083 70503393 87963365 331137 162613 0 16550000 0 71907115 90055806 1173373 11645730 1164980 13041013 705551 87963365 0.01400 0.69300 0.29300 false false 2797490 2797490 82855354 37620534 45234820 14192334 9046216 5146118 53178428 INFLATION HEDGING 6165838 F REAL ESTATE AND MORTGAGES 1606779 F OTHER INVESTMENTS 1721157 F 9493774 BENEFICIAL INT PERPETUAL TRUST 7432177 CONTRIBUTIONS RECEIVABLE 1390679 OTHER RECEIVABLE 88368 8911224 0 US GOV'T ADVANCES FOR STUDENT 781457 ANNUITIES PAYABLE 334843 ASSET RETIREMENT OBLIGATION 61632 CAPITAL LEASE OBLIGATIONS 68579 1246511 X PART III, LINE 1A: THE INSTITUTE OWNS A COLLECTION OF VARIOUS OBJECTS OF ART. THESE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FOR FINANCIAL GAIN AND ARE KEPT PROTECTED AND PRESERVED. IT IS THE INSTITUTE'S POLICY TO USE ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. ACCORDINGLY, THE INSTITUTE DOES NOT RECOGNIZE CONTRIBUTIONS OF WORKS OF ART, NOR ARE WORKS OF ART CAPITALIZED AND RECORDED ON THE STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: THE ART COLLECTIONS AND ANTIQUITIES SUPPORT THE EDUCATIONAL PURPOSE OF THE INSTITUTE. STUDENTS MAJORING IN ART HISTORY AND ARTS MANAGEMENT ACT AS CURATORS AND MAINTAIN THE COLLECTIONS. STUDENTS ARE INVOLVED IN COLLEGE AND COMMUNITY EXHIBITIONS. PART V, LINE 4: THE MAJORITY OF ENDOWMENT FUNDS ARE USED TO PROVIDE STUDENT SCHOLARSHIPS AND SUPPORT FOR INSTRUCTION, RESEARCH, AND ACADEMIC PROGRAMS. PART X, LINE 2: The Institute is exempt from federal and state income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. However, certain income unrelated to its exempt function is subject to income taxation. The Internal Revenue Service ("IRS") has held that a Virginia limited liability company, treated as a partnership for state income tax purposes, would also be treated as a partnership for federal income tax purposes. Therefore, income taxes are not incurred with respect to the operations of SBC Restoration Lessee LLC since each member is responsible for the income tax consequences associated with its proportionate share of such operations. Management has evaluated the effect of the guidance provided for uncertainty in income taxes that became effective for the Institute on July 1, 2009. Management believes that the Institute continues to satisfy the requirements of a tax-exempt organization at June 30, 2018. Management has evaluated all tax positions that could have a significant effect on the consolidated financial statements and determined the Institute had no uncertain income tax positions at June 30, 2018 and 2017. The Institute is no longer subject to U.S. federal, state, or local tax examinations by tax authorities for tax years prior to the year ending June 30, 2015. true true true true true true true false false false false false false false false true false true Line 3 - EXPLANATION OF NONDISCRIMINATION POLICY: SWEET BRIAR COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM LARGE GEOGRAPHICAL SECTIONS OF THE UNITED STATES AND FOREIGN COUNTRIES. THE COLLEGE FOLLOWS A RACIAL NONDISCRIMINATORY POLICY AND HAS COMPLIED WITH SECTION 4.02 OF THE INTERNAL REVENUE PROCEDURE 75-50. THE COLLEGE PUBLICIZES ITS NONDISCRIMINATORY POLICY IN ITS CATALOG. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: SWEET BRIAR COLLEGE PARTICIPATES IN A VARIETY OF FEDERAL FINANCIAL AID PROGRAMS INCLUDING THE FEDERAL WORK STUDY PROGRAM, SEOG, AND THE PELL GRANT PROGRAM. THE COLLEGE ALSO RECEIVES FEDERAL GRANTS AND CONTRACTS FOR ACADEMIC PROGRAMMING AND SCIENTIFIC RESEARCH. true Europe (Including Iceland and Greenland) 1 1 Program Services EDUCATIONAL PROGRAM 1011857 North America 0 0 Program Services TUITION ASSISTANCE 48577 Middle East and North Africa 0 0 Program Services TUITION ASSISTANCE 46010 South Asia 0 0 Program Services TUITION ASSISTANCE 55672 East Asia and the Pacific 0 0 Program Services TUITION ASSISTANCE 61450 Sub-Saharan Africa 0 0 Program Services TUITION ASSISTANCE 37000 1 1 1 1 1260566 1260566 SCHOLARSHIPS TO FOREIGN STUDENTS North America 2 48577 PMT APPLIED SCHOLARSHIPS TO FOREIGN STUDENTS Middle East and North Africa 2 46010 PMT APPLIED SCHOLARSHIPS TO FOREIGN STUDENTS South Asia 3 55672 PMT APPLIED SCHOLARSHIPS TO FOREIGN STUDENTS East Asia and the Pacific 2 61450 PMT APPLIED SCHOLARSHIPS TO FOREIGN STUDENTS Sub-Saharan Africa 2 37000 PMT APPLIED false false false false false false SCHEDULE F, PART I, LINE 2 STUDENTS APPLY FOR SCHOLARSHIPS AND ARE AWARDED AMOUNTS THROUGH THE FINANCIAL AID PROCESS. THE FINANCIAL AID OFFICE DETERMINES THE AMOUNTS TO AWARD BASED ON CERTAIN CRITERIA AND AMOUNTS ARE DISBURSED AND POSTED TO STUDENT'S TUITION AND FEES ACCOUNT. SCHOLARSHIPS ARE CREDITED TO STUDENT TUITION ACOUNTS AT SWEET BRIAR COLLEGE. ANY STUDENT ACCOUNT THAT HAS A CREDIT BALANCE AFTER POSTING THE SCHOLARSHIP AMOUNTS WILL BE REFUNDED BY COLLEGE CHECK. true SCHOLARSHIPS FOR STUDENTS TO ATTEND SWEET BRIAR 302 7128438 SCHEDULE I, PART I, LINE 2 INSTITUTIONAL MERIT SCHOLARSHIPS ARE AWARDED ON THE BASIS OF DEMONSTRATED ACADEMIC EXCELLENCE AND PROMISE FOR FUTURE SUCCESS AT THE COLLEGE. WHILE A NUMBER OF FACTORS ARE CONSIDERED, THE COLLEGE RELIES HEAVILY ON THE EVALUATION OF HIGH SCHOOL COURSEWORK, HIGH SCHOOL GRADE POINT AVERAGES AND CLASS RANK, STANDARDIZED TEST SCORES, WRITTEN WORK AND LETTERS OF RECOMMENDATION. EXTRACURRICULAR INVOLVEMENT THAT DEMONSTRATES A PROMISE FOR SUCCESS AT THE COLLEGIATE LEVEL IS ALSO CONSIDERED. SCHOLARSHIP AWARDS ARE APPLIED TO THE STUDENT'S ACCOUNT FOR PAYMENT TOWARD TUITION, ROOM, BOARD AND FEES. X X X true true X X X X X false false false false false false false false false Mr Phillip C Stone President 94216 0 0 0 260 0 1669 0 0 0 96145 0 0 0 Nancyellen Keane VP OF ADMin / GENERAL COUNSEL 145716 0 0 0 34472 0 1742 0 0 0 181930 0 0 0 Mary Pope Hutson VP of Alumnae & Development 187232 0 0 0 700 0 3800 0 5184 0 196916 0 0 0 Pamela DeWeese Interim Dean / VP OF DEAN 101403 0 0 0 0 0 2067 0 6432 0 109902 0 0 0 MEREDITH WOO PRESIDENT 249967 0 0 0 630 0 4988 0 4824 0 260409 0 0 0 WILLIAM ALLEN DEAN OF ADM & FINANCIAL AID 131532 0 0 0 2800 0 18684 0 153016 0 0 0 JAMES B QUERY PRESIDENT 94659 0 0 0 9659 0 850 0 0 0 105168 0 0 0 PART 1, LINE 1A: TRAVEL FOR COMPANIONS: THE PRESIDENT'S SPOUSE WILL OCCASIONALLY TRAVEL ON CERTAIN COLLEGE FUNCTIONS. THERE IS A SUBSTANTIAL BUSINESS PURPOSE FOR SUCH TRAVEL, AND THE EXPENSES ARE DOCUMENTED AND RETAINED ON FILE. RESIDENCE FOR PERSONAL USE: AS A CONDITION OF EMPLOYMENT, THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION ARE REQUIRED TO LIVE IN THE SCHOOL'S HOUSES LOCATED ON THE CAMPUS. THESE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF THE SCHOOL IN HAVING THE FUNCTIONS OF THE OFFICES EFFICIENTLY DISCHARGED. THIS HOUSING ALLOWANCE IS TREATED AS A NON-TAXABLE BENEFIT. PERSONAL SERVICES: THE SCHOOL PROVIDES PERSONAL SERVICES TO THE PRESIDENT FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. THIS IS A TAXABLE BENEFIT. A Industrial Development Authority - Town of Amherst 546001113 031489BX4 2006-02-23 21041170 Refunding of 1998A,1998B,1999-2002 false false false A 0 0 20865000 0 0 0 334871 0 0 0 0 0 2006 false true true true A false false false false 0 false false false true A false false true false false false 0 false 0 false false A false SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS OF ISSUE FOR THE 2006 BOND IS $176,170 LESS THAN THE ORIGINAL ISSUE PRICE DUE TO A REFUND OF THE BOND IN FISCAL YEAR 2012. X 100 1583040 AVG TRADING VALUE false true false SCHEDULE M, LINE 33: THE INSTITUTE OWNS A COLLECTION OF VARIOUS OBJECTS OF ART. THESE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FOR FINANCIAL GAIN AND ARE KEPT PROTECTED AND PRESERVED. IT IS THE INSTITUTE'S POLICY TO USE ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. ACCORDINGLY, THE INSTITUTE DOES NOT RECOGNIZE CONTRIBUTIONS OF WORKS OF ART, NOR ARE WORKS OF ART CAPITALIZED AND RECORDED ON THE STATEMENTS OF FINANCIAL POSITION. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: MEMBERS OF A WORLD COMMUNITY. IT FOCUSES ON PERSONAL AND PROFESSIONAL ACHIEVEMENT THROUGH A CUSTOMIZED EDUCATIONAL PROGRAM THAT COMBINES THE LIBERAL ARTS, PREPARATION FOR CAREERS AND INDIVIDUAL DEVELOPMENT. THE FACULTY AND STAFF GUIDE STUDENTS TO BECOME ACTIVE LEARNERS, TO REASON CLEARLY, TO SPEAK AND WRITE PERSUASIVELY AND TO LEAD WITH INTEGRITY. THEY DO SO BY CREATING AN EDUCATIONAL ENVIRONMENT THAT IS BOTH INTENSE AND SUPPORTIVE AND WHERE LEARNING OCCURS IN MANY DIFFERENT VENUES, INCLUDING THE CLASSROOM, THE COMMUNITY AND THE WORLD. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: STUDENT SERVICES: TO PROVIDE VARIOUS SERVICES SUCH AS ADMISSIONS, FINANCIAL AID, CAREER PLANNING, CHAPLAIN, DEAN, HEALTH CENTER AND REGISTRAR. PROGRAM REVENUE IS FROM MULTIPLE SOURCES INCLUDING ADMISSIONS, LATE FEES, SALES & SERVICE, ALUMNAE ASSOCIATION REVENUE, AND ON CAMPUS CATERING. RESEARCH: TO PROVIDE GRANTS FOR FACULTY. ACADEMIC SUPPORT: TO PROVIDE ACADEMIC SERVICES SUCH AS LIBRARY, AUDIO-VISUAL & ACADEMIC DEAN. FORM 990, PART VI, SECTION B, LINE 11: THE 990 FORM AND REQUIRED SCHEDULES WERE REVIEWED BY MANAGEMENT PRIOR TO FILING. AN ELECTRONIC VERSION OF THE RETURN WAS MADE AVAILABLE TO THE OFFICERS AND DIRECTORS OF THE INSTITUTE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE IN ACCORDANCE WITH THE SWEET BRIAR COLLEGE WRITTEN CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST FORMS ARE FILED WITH THE PRESIDENT'S OFFICE ANNUALLY AND ARE REVIEWED BY THE CFO AND INDEPENDENT AUDITORS. IN GENERAL, WHEN AN INDIVIDUAL COVERED BY THIS POLICY IS DEEMED TO BE IN A CONFLICT OF INTEREST SITUATION WITH RESPECT TO ANY MATTER BEFORE THE BOARD OR ADMINISTRATION, THAT INDIVIDUAL SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF ANY PROPOSED TRANSACTION WHICH MAY BE IMPAIRED BY THE POTENTIAL CONFLICT, UNLESS SPECIFICALLY REQUESTED TO PROVIDE INFORMATION REGARDING THE TRANSACTION IN QUESTION. SUCH PERSON SHALL NOT VOTE ON OR TAKE ANY POSITION FOR OR AGAINST THE PROPOSED TRANSACTION, NOR SHALL SHE OR HE ATTEMPT TO INFLUENCE THE VOTES OR POSITIONS OF OTHERS. WHEN DEEMED APPROPRIATE, A NOTE IN THE MINUTES OF THE MEETING SHALL SPECIFY THAT THE PERSON INVOLVED NEITHER PARTICIPATED IN CONSIDERATION OF THE PROPOSED TRANSACTION NOR VOTED ON THE MATTER. IN ALL INSTANCES WHERE A CONFLICT OF INTEREST IS DETERMINED TO EXIST, SUCH CONFLICTS, AND THEIR REMEDY, SHALL BE DISCLOSED TO THE BOARD AT LEAST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY AN INDEPENDENT COMPENSATION COMMITTEE AND BY THE USE OF COMPARABLE DATA PROVIDED FROM FORMS 990 OF OTHER SIMILIARLY SITUATED HIGHER EDUCATION INSTITUTIONS. COMPENSATION IS APPROVED BY THE BOARD ANNUALLY AND DOCUMENTED IN THE BOARD MEETING MINUTES. IN DETERMINING NEWLY HIRED EXECUTIVES' PAY, DATA IS USED FROM ANNUAL CUPA-HR ADMINISTRATIVE SALARY SURVEYS AND SPECIFICALLY REGARDING SALARIES FOR: 1.PRIVATE INDEPENDENT INSTITUTIONS WITH ENROLLMENT UNDER 1,000, COMPARING TO THE FIRST QUARTILE OF ENROLLMENT, WHICH IS THE MOST SIMILAR TO SWEET BRIAR COLLEGE. 2.PRIVATE INDEPENDENT INSTITUTIONS WITH A BUDGET IN THE 2ND QUARTILE, WHICH IS THE MOST SIMILAR TO SWEET BRIAR COLLEGE. 3.BACCALAUREATE INSTITUTIONS WITH A BUDGET IN THE 2ND QUARTILE (MELDING TYPE OF INSTITUTION AND BUDGET SIZE). 4.THE SAME DATA POINTS ARE USED FOR AN ANNUAL REVIEW OF THE PRESIDENT'S COMPENSATION, SHARING THE DATA WITH THE CHAIRMAN OF THE BOARD, WHO THEN SHARES THE DATA WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ONLY. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS UNREALIZED ENDOWMENT GAIN TOTALING $1,001,965, INCREASE IN VALUE OF SPLIT-INTEREST GIFTS TOTALING $133,998 and INCREASE IN VALUE OF BENEFICIAL INTEREST OF PERPETUAL TRUSTS TOTALING $81,133. SBC FOREIGN PROGRAMS INC PO Box 1051 Sweet Briar VA 24595 541733600 education VA 501(C)(3) type ii SB Institute true sbc restoration lessee llc PO BOX 1090 SWEET BRIAR VA 24595 465731000 renovations VA SWEET BRIAR 0 671131 false 0 0.99000 false false false false false false false false false false false false false true true false false true false