2018-05-14T10:51:54-05:00 2017-06-30 GRANT THORNTON LLP 75 State Street Boston MA 02109 990 2016-07-01 020222182 Saint Anselm College % ERIC M NORMAN SAIN 6036417000 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 ERIC M NORMAN VP OF FINANCE & CFO 2018-05-09 true Qi Wen Liang P01270238 6177237900 209.220.136.124 04586620181345000007 2018-05-14 P 6B354F99B3C57D21F19D5EF432B862E9736C7EEB F16C97A1B344E667DE5368994B2E05BB5D0DAE62 2016 2021-01-29 14:40:06Z Dr Steven R Disalvo 100 Saint Anselm Drive Manchester NH 03102 129417802 false X www.anselm.edu X 1889 NH A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. 37 34 2030 250 -78137 -90889 11140306 8134638 98577387 101597915 548772 3790363 4393 -26468 110270858 113496448 33050725 35076351 0 0 42842173 45090135 0 120111 4058915 31262880 31147655 107155778 111434252 3115080 2062196 264203610 299897605 91058755 104387972 173144855 195509633 X SAINT ANSELM IS A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL OF ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. (CONTINUED ON SCHEDULE O) false false 98675723 35076351 101597915 EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE, A NEW HAMPSHIRE NOT-FOR-PROFIT (VOLUNTARY) CORPORATION, IS A CATHOLIC UNDERGRADUATE LIBERAL ARTS COLLEGE IN THE BENEDICTINE TRADITION. THE COLLEGE WAS ESTABLISHED IN 1889. IT IS ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. APPROXIMATELY 1,900 STUDENTS FROM APPROXIMATELY 31 STATES AND 8 FOREIGN COUNTRIES ATTEND THE COLLEGE. 98675723 true true false true false false false true false true true true false false true true true false true true true false true true true false false false true true true false false false false false false true false false false true false false false false true false false false true X 2751 0 true 2030 true true true false false false false true true false false false false X 37 34 false false false false true true true true true false false true true true true true true true true true true NH X ERIC M NORMAN 6036417100 100 SAINT ANSELM DRIVE MANCHESTER NH 03102 DR DENISE T ASKIN board member 1.0 0.0 X 0 0 0 DR NANCY H BLATTNER board member 1.0 0.0 X 0 0 0 MR RICHARD L BREADY board member 1.0 0.0 X 0 0 0 MS ANN M CATINO ESQ vice-chair 2.0 0.0 X X 0 0 0 DR MARIE C CHABOT-FLETCHER board member 1.0 0.0 X 0 0 0 MR JOEL I COHEN board member (thru 03/31/17) 1.0 0.0 X 0 0 0 MR ROBERT P CONNOR board member 1.0 0.0 X 0 0 0 MR CHARLES A CROWLEY board member 1.0 0.0 X 0 0 0 REV JEROME J DAY OSB board member 1.0 0.0 X 0 0 0 MS GERALDINE H DELUCA board member 1.0 0.0 X 0 0 0 REV BERNARD W DISCO OSB board member 1.0 0.0 X 0 0 0 MS CHRISTINE D DOUVILLE board member 1.0 0.0 X 0 0 0 MR STEVEN J ELLIS board member 1.0 0.0 X 0 0 0 MSGR WILLIAM P FAY board member 1.0 0.0 X 0 0 0 MR DANIEL T FLATLEY board member 1.0 0.0 X 0 0 0 REV JOHN R FORTIN OSB board member 1.0 0.0 X 0 0 0 MR KENNETH J GOODCHILD board member 1.0 0.0 X 0 0 0 MR KEVIN J GOULD board member 1.0 0.0 X 0 0 0 MR JAMES L HAUSER ESQ board member 1.0 0.0 X 0 0 0 MR ROGER L JEAN secretary 2.0 0.0 X X 0 0 0 MS ELIZABETH J KELLY board member 1.0 0.0 X 0 0 0 MR IVAN LAMOURT board member 1.0 0.0 X 0 0 0 MR JOHN B LAVELLE board member 1.0 0.0 X 0 0 0 REV MARK S MASSA SJ board member 1.0 0.0 X 0 0 0 MR RICHARD J MEELIA board member 1.0 0.0 X 0 0 0 MR THOMAS A MELUCCI board member 1.0 0.0 X 0 0 0 BRO ISAAC S MURPHY OSB board member 1.0 0.0 X 0 0 0 MS DOROTHY R MUSHO board member (THRU 6/9/17) 1.0 0.0 X 0 0 0 DR JOSEPH PEPE MD board member 1.0 0.0 X 0 0 0 MR FRANK P PFEFFER board member 1.0 0.0 X 0 0 0 REV BENET C PHILLIPS OSB board member 1.0 0.0 X 0 0 0 MS JOANNE PIETRINI-SMITH CHAIR 2.0 0.0 X X 0 0 0 MR MICHAEL R ROCKETT board member 1.0 0.0 X 0 0 0 MS LISA KENNEDY SHELDEN BOARD MEMBER 1.0 0.0 X 0 0 0 MR BARRY FX SMITH TREASURER 2.0 0.0 X X 0 0 0 MR JOSEPH E SWEENEY BOARD MEMBER (THRU 6/9/17) 1.0 0.0 X 0 0 0 BRO ANDREW L THORNTON OSB BOARD MEMBER 1.0 0.0 X 0 0 0 MR JOHN A VACCARO BOARD MEMBER 1.0 0.0 X 0 0 0 RIGHT REV MARK A COOPER OSB CHANCELLOR 1.0 0.0 X X 0 0 0 DR STEVEN R DISALVO PRESIDENT 40.0 0.0 X X 374572 0 78425 DR HARRY E DUMAY SR.VP OF FIN CFO(THRU 6/30/17) 40.0 0.0 X 259176 0 40003 MR JAMES F FLANAGAN SR. VP OF COLLEGE ADVANCEMENT 40.0 0.0 X 215373 0 45083 MR ERIC R NICHOLS VP OF ENROLL. & DEAN OF ADMIS. 40.0 0.0 X 178916 0 22649 DR JOSEPH M HORTON VP STUDENT AFFAIRS 40.0 0.0 X 153146 0 30672 MS PATRICIA R SHUSTER VP HUMAN RESOURCES & ADMIN 40.0 0.0 X 144445 0 33945 MR NEIL LEVESQUE EXECUTIVE DIRECTOR - NHIOP 40.0 0.0 X 139984 0 36199 DR GARY M BOUCHARD ENGLISH DEPARTMENT CHAIR 40.0 0.0 X 131699 0 36829 1597311 0 323805 45 false true false BHDP ARCHITECTURE 302 WEST THIRD STREET SUITE 500 CINCINNATI OH 45202 ARCHITECTURAL SRVS 580662 RUFFALO NOEL LEVITZ LLC PO BOX 718 DES MOINES IA 503030718 ENROLLMENT SERVICES 283267 INSTITUTE FOR MEDITERRANEAN ARCHAEO 4200 PERIMETER CENTER DRIVE OKLAHOMA CITY OK 73112 INSTRUCTION ABROAD 257520 BOSTON INTERACTIVE 529 MAIN STREET SUITE 212 BOSTON MA 02129 WEBSITE DESIGN 229150 PURITAN PRESS 95 RUNNELLS BRIDGE ROAD HOLLIS NH 03049 GRAPHIC DES.& PRINT 224382 10 44046 300000 1363968 6426624 515593 8134638 STUDENT TUITION & FEES 611710 74390460 74390460 STUDENT ROOM, BOARD & OTHER AUXILIARY 611710 27207455 27207455 101597915 656475 -93133 749608 0 0 0 0 0 17735402 1280302 14612775 1269041 3122627 11261 3133888 14996 3118892 13070 44046 39538 -26468 -26468 0 0 0 0 0 0 0 113496448 101597915 -78137 3842032 0 34632491 34632491 443860 443860 0 995226 102204 374780 518242 0 31189295 26715051 2810427 1663817 2071226 1774553 200873 95800 8628365 6994257 1436640 197468 2206023 1861282 216338 128403 0 80833 1474 79359 114955 114955 75000 75000 120111 120111 278145 278145 3946725 3124189 675605 146931 288831 230443 36318 22070 3567141 2949531 344354 273256 1587403 1121153 328525 137725 0 2759300 2506269 214830 38201 1946755 1748934 91381 106440 0 361370 321148 25596 14626 2822576 2586826 170884 64866 0 5055633 3938071 789878 327684 435861 228758 202398 4705 DINING SERVICE COGS 6346631 6150012 65240 131379 MAINTENANCE 720861 634678 66606 19577 BOOKS AND PERIODICALS 162377 161140 1144 93 OTHER EXPENSES 597258 449399 100338 47521 111434252 98675723 8699614 4058915 1449767 1872960 10375216 20412938 10016638 11389622 895407 736137 0 0 0 0 3315206 3354716 588291 543974 1245985 1188142 180283159 79464869 94678449 100818290 51299357 60487000 81996419 90935735 0 0 0 0 8342875 8158091 264203610 299897605 7494391 9012760 0 0 403920 587845 63429084 79965670 0 0 0 0 0 0 3399823 3304837 16331537 11516860 91058755 104387972 X 106568312 121240145 25917560 31011966 40658983 43257522 173144855 195509633 264203610 299897605 X 2062196 14820613 5481969 X false true X true true true X 7451298 8261587 10895632 11140306 8134638 45883461 0 0 7451298 8261587 10895632 11140306 8134638 45883461 9211272 36672189 1587132 1719259 1040738 809860 656476 5813465 0 27543 26219 34507 29773 13070 131112 51828038 478499645 0.70757 0.67222 X SCHEDULE A, PART II, LINE 10 GROSS INCOME FROM FUNDRAISING EVENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 75000 75000 false SCHEDULE C, PART II-B, LINE 1 PAYMENTS ARE MADE TO GRANITE EDGE CONSULTING, LOCATED IN CONCORD, NH; NH LOBBYIST REGISTRATION #40754. GRANITE EDGE CONSULTING LOBBIES The NEW HAMPSHIRE LEGISLATURE ON BEHALF OF THE COLLEGE IN REGARDS TO ISSUES AFFECTING HIGHER EDUCATION AND BUDGET APPROPRIATIONS. X X X false 122871924 1271792 16572887 4994471 1067486 134654646 130027419 1974167 -3142221 4801470 1185971 122871924 126278878 7626072 345916 3349590 873857 130027419 106304526 4519140 18589503 2729933 404358 126278878 85274353 12881696 10302552 3197124 -1043049 106304526 0.60090 0.25770 0.14140 false false 14794290 14794290 115004965 50126731 64878234 42480710 29338138 13142572 245612 7757582 8003194 100818290 EQUITIES 42623328 F FLEXIBLE CAPITAL 25021128 F REAL ASSETS 12468689 F PRIVATE EQUITY 10822590 F 90935735 0 INTEREST RATE SWAP AGREEMENTS 9728743 SPLIT INTEREST AGREEMENTS 1788117 11516860 X 98528294 14820612 -29510621 -14690009 113218303 278145 0 278145 113496448 76163516 -34992591 -34992591 111156107 278145 0 278145 111434252 SCHEDULE D, PART III, LINE 1 THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF ART AND FURNISHINGS. THESE COLLECTIONS ARE HOUSED IN A PROTECTED ENVIRONMENT AND ARE USED FOR EXHIBITIONS FOR THE PUBLIC, FOR EDUCATION AND RESEARCH, AS WELL AS FOR THE FURTHERANCE OF SERVICE TO THE PUBLIC. THESE COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY WAY. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF THESE FINANCIAL STATEMENTS. SCHEDULE D, PART III, LINE 4 THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF ART AND FURNISHINGS. THESE COLLECTIONS ARE HOUSED IN A PROTECTED ENVIRONMENT AND ARE USED FOR EXHIBITIONS FOR THE PUBLIC, FOR EDUCATION AND RESEARCH, AS WELL AS FOR THE FURTHERANCE OF SERVICE TO THE PUBLIC. SCHEDULE D, PART V, LINE 4 THE COLLEGE'S ENDOWMENT CONSISTS OF BOARD-DESIGNATED AND FUNDS CONTRIBUTED TO THE COLLEGE, THE INCOME FROM WHICH IS TO BE USED FOR SCHOLARSHIPS, CAPITAL IMPROVEMENTS, FACULTY EXPENSES, AND LIBRARY ACQUISITIONS. SCHEDULE D, PART X, LINE 2 THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE CODE), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO ITS FINANCIAL STATEMENTS. IT IS THE COLLEGE'S POLICY TO RECORD ESTIMATED INTEREST AND PENALTIES (IF ANY) AS PART OF MANAGEMENT AND GENERAL EXPENSE (INSTITUTIONAL SUPPORT). SCHEDULE D, PART XI, LINE 2D SCHOLARSHIP EXPENSE $ (35,022,656) LOSS ON VOLUNTARY RETIREMENT PROGRAM $ (9,473) UNREALIZED GAIN ON INTEREST RATE SWAP AGREEMENTS $ 4,854,140 CHANGE IN THE VALUE OF TRUSTS $ 627,830 DIRECT FUNDRAISING EXPENSES $ 39,538 -------------- TOTAL $ (29,510,621) ============== SCHEDULE D, PART XII, LINE 2D SCHOLARSHIP EXPENSE $ (35,022,656) LOSS ON VOLUNTARY RETIREMENT PROGRAM $ (9,473) FUNDRAISING EXPENSES $ 39,538 ------------- TOTAL $ (34,992,591) ============= true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 AS THE COLLEGE DRAWS STUDENTS THROUGHOUT THE NORTHEASTERN UNITED STATES, IT IS IMPRACTICAL TO SOLICIT STUDENTS VIA NEWSPAPER OR BROADCAST MEDIA. THEREFORE, ITS RACIAL NONDISCRIMINATORY POLICY IS COMMUNICATED THROUGH RECRUITMENT MATERIAL AND THE COLLEGES WEBSITE. THE COLLEGES POLICY STATES: "IT IS THE POLICY OF SAINT ANSELM COLLEGE, WHILE RESERVING ITS LAWFUL RIGHTS WHERE APPROPRIATE TO TAKE ACTIONS DESIGNED TO ENSURE AND PROMOTE THE BENEDICTINE, CATHOLIC PRINCIPLES THAT SUSTAIN ITS MISSION AND HERITAGE, TO COMPLY WITH ALL APPLICABLE LAWS PROHIBITING DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, DISABILITY, MARITAL STATUS, AGE, SEXUAL ORIENTATION, OR VETERAN STATUS IN ITS EMPLOYMENT, PROGRAMS OR ACTIVITIES." SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AMOUNTS FOR STUDENT FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. IT ALSO RECEIVES VARIOUS OTHER GRANTS FROM THE U.S DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE NATIONAL SCIENCE FOUNDATION, THE NATIONAL ENDOWMENT OF THE ARTS, THE ENVIRONMENTAL PROTECTION AGENCY AS WELL AS AMOUNTS FROM THE STATE OF NEW HAMPSHIRE. true Central America and the Caribbean Investments 22847973 Europe (Including Iceland and Greenland) Investments 34906 Europe (Including Iceland and Greenland) Grantmaking SCHOLARSHIPS 364285 East Asia and the Pacific Grantmaking SCHOLARSHIPS 46275 South America Grantmaking SCHOLARSHIPS 12000 Central America and the Caribbean Grantmaking SCHOLARSHIPS 11250 Middle East and North Africa Grantmaking SCHOLARSHIPS 10050 Europe (Including Iceland and Greenland) 1 3 Program Services INSTRUCTION 44275 East Asia and the Pacific Program Services INSTRUCTION 4356 North America Program Services INSTRUCTION 1189 Middle East and North Africa Program Services INSTRUCTION 250 1 3 1 3 23376809 23376809 Scholarships Europe (Including Iceland and Greenland) 47 364285 SEE PART V Scholarships East Asia and the Pacific 7 46275 SEE PART V Scholarships South America 1 12000 SEE PART V SCHOLARSHIPS Central America and the Caribbean 1 11250 SEE PART V SCHOLARSHIPS Middle East and North Africa 1 10050 SEE PART V true false true true true false SCHEDULE F, PART I, LINE 2 SCHOLARSHIPS ARE APPLIED TO STUDENTS' ACCOUNTS TO REDUCE THE BALANCE DUE TO THE COLLEGE FOR TUITION AND FEES. NO CASH DISBURSEMENTS OF SCHOLARSHIP FUNDS ARE MADE TO STUDENTS, SO THERE ARE NO EXPENDITURES OF SCHOLARSHIP FUNDS TO MONITOR AFTER THE INITIAL POSTING TO THE STUDENTS' ACCOUNTS. SCHEDULE F, PART I, LINE 3 EXPENDITURES WERE FOR INSTRUCTION AS PART OF THE COLLEGE'S STUDY ABROAD PROGRAM, OTHER FACULTY EXPENSES, ART WORK ACQUISITION, SPORTS EQUIPMENT, A BOOK SUBSCRIPTION FOR THE COLLEGE'S LIBRARY AND OTHER PROGRAM-RELATED SUPPLIES. SCHEDULE F, PART IV, LINE 1 THE COLLEGE HAS CERTAIN ALTERNATIVE INVESTMENTS THAT IT MAY MAKE TRANSFERS TO OR GENERATE OWNERSHIP INTEREST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. AS SUCH, SCHEDULE F PART IV REFLECTS THESE TRANSFERS AND INTERESTS. THE COLLEGE HAS REVIEWED THESE INVESTMENTS FOR ANY TRANSFERS OR INTERESTS THAT ARE REQUIRED TO BE FURTHER REPORTED ON FORMS 926, 5471, 8621, OR 8865. X true MCALLISTER QUINN LLC 1030 15TH STREET NW SUITE 590 WEST WASHINGTON DC 20005 STRATEGIC ADVICE false 21949 97499 -75550 WASHBURN MCGOLDRICK LLC 24 N BRYN MAWR AVENUE NUMBER 252 BRYN MAWR PA 19010 STRATEGIC COUNSEL false 22612 -22612 21949 120111 -98162 All States GOLF TOURNAMENT 57116 44046 13070 0 13605 7080 3360 0 15493 0 57116 44046 13070 0 13605 7080 3360 0 15493 39538 -26468 true SCHOLARSHIPS 1799 34578796 FELLOWSHIPS 51 53695 SCHEDULE I, PART I, LINE 2 THE COLLEGE'S FINANCIAL AID OFFICE MONITORS ALL RECIPIENTS OF SCHOLARSHIP AWARDS TO DETERMINE BOTH INITIAL AND CONTINUING ELIGIBILITY BASED UPON THE CRITERIA FOR THE TYPE OF AWARD. VARIOUS CRITERIA MAY INCLUDE, BUT IS NOT LIMITED TO, ACADEMIC PERFORMANCE, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY DONORS OF SCHOLARSHIP FUNDS. X X X X true true X X X X false true false false false false false true false DR STEVEN R DISALVO PRESIDENT 305173 0 30357 0 39042 0 53525 0 24900 0 452997 0 0 0 DR HARRY E DUMAY SR.VP OF FIN CFO(THRU 6/30/17) 248906 0 10000 0 270 0 21250 0 18753 0 299179 0 0 0 MR JAMES F FLANAGAN SR. VP OF COLLEGE ADVANCEMENT 207402 0 7500 0 471 0 18481 0 26602 0 260456 0 0 0 MR ERIC R NICHOLS VP OF ENROLL. & DEAN OF ADMIS. 167590 0 10000 0 1326 0 14183 0 8466 0 201565 0 0 0 DR JOSEPH M HORTON VP STUDENT AFFAIRS 146958 0 5000 0 1188 0 12953 0 17719 0 183818 0 0 0 MS PATRICIA R SHUSTER VP HUMAN RESOURCES & ADMIN 135406 0 7500 0 1539 0 12305 0 21640 0 178390 0 0 0 MR NEIL LEVESQUE EXECUTIVE DIRECTOR - NHIOP 129824 0 10000 0 160 0 11707 0 24492 0 176183 0 0 0 DR GARY M BOUCHARD ENGLISH DEPARTMENT CHAIR 131059 0 0 0 640 0 11853 0 24976 0 168528 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF THE COLLEGE LIVES IN AN OFF-CAMPUS HOUSE THE VALUE OF WHICH IS REPORTED AS TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE LAWS. THE COLLEGE COVERS THE COSTS OF ROUTINE UTILITIES, ROUTINE HOME MAINTENANCE AND REPAIR, LAWN SERVICES, AND SNOW REMOVAL FOR THE COLLEGE OWNED-PROPERTY. THE PRESIDENT IS REIMBURSED FOR REASONABLE TRAVEL EXPENSES, AS DETERMINED BY THE COLLEGE IN ITS SOLE DISCRETION, INCURRED BY HIS SPOUSE TO THE EXTENT THAT SHE ACCOMPANIES HIM IN THE PERFORMANCE OF HIS DUTIES. SUCH REIMBURSEMENTS WILL BE ADDED TO THE PRESIDENT'S TAXABLE INCOME, WHEN APPROPRIATE, IN ACCORDANCE WITH APPLICABLE TAX LAWS. TWO EMPLOYEES HAVE A MEMBERSHIP TO A LOCAL COUNTRY CLUB PAID FOR BY THE COLLEGE; THE PRESIDENT AND THE VICE PRESIDENT - COLLEGE ADVANCEMENT. THE BUSINESS PURPOSE IS FOR THE ENTERTAINMENT OF POTENTIAL DONORS TO THE COLLEGE OR OTHER IMPORTANT GUESTS. THE FAIR VALUE OF PERSONAL USAGE, IF ANY, IS ADDED TO THE EMPLOYEE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE TAX LAW. SCHEDULE J, PART I, LINE 4 THE PRESIDENT IS ON A 6-YEAR TERM CONTRACT THAT EXPIRES ON 6/30/21. THE PRESIDENT'S CONTRACT CONTAINS A LONG-TERM INCENTIVE PLAN THROUGH WHICH A CONTRIBUTION OF 10% OF THE PRESIDENT'S BASE SALARY IS MADE TO A NONQUALIFIED DEFERRED COMPENSATION PLAN WITH A 6-YEAR VESTING PERIOD. THE PLAN VESTS AT 100% AT THE END OF THE PRESIDENT'S 6-YEAR CONTRACT, IF HE IS STILL EMPLOYED BY THE COLLEGE. THE PRESIDENT'S CONTRACT CONTAINS A PROVISION FOR CERTAIN TERMINATION BENEFITS. FOR TERMINATION UNDER CERTAIN CONDITIONS, THE PROVISIONS INCLUDE CONTINUATION OF CURRENT SALARY AT THE RATE IN EFFECT AS OF THE DATE OF TERMINATION FOR THE LESSER OF 12 MONTHS FOLLOWING THE TERMINATION DATE OR THE EXPIRATION OF HIS CURRENT CONTRACT ON JUNE 30, 2021. THE CONTRACT ALSO CALLS FOR THE REIMBURSEMENT OF ANY COBRA BENEFITS IN THE SAME RELATIVE PROPORTION BY THE COLLEGE AND THE PRESIDENT AS IN EFFECT ON THE TERMINATION DATE. THESE REIMBURSEMENTS WOULD CEASE ON THE EARLIER OF THE END OF THE MAXIMUM PERIOD FOR COBRA CONTINUATION OR THE PRESIDENT BECOMING ELIGIBLE TO PARTICIPATE IN ANOTHER GROUP HEALTH PLAN. SCHEDULE J, PART I, LINE 7 A DISCRETIONARY PAY-FOR-PERFORMANCE BONUS WAS PAID TO CERTAIN COLLEGE ADMINISTRATORS AND STAFF. SUCH PAYMENTS WERE BASED ON THEIR ANNUAL EVALUATION AND DECIDED BY THEIR SUPERVISOR. A NH HEALH & EDUCATION FACILITIES AUTHORITY 020279866 644614YS2 2009-07-01 61415000 CURRENT REFUNDING OF REVENUE BONDS false false false B NH HEALTH & EDUCATION FACILITIES AUTHORITY 020279866 6446142A6 2013-07-25 11726280 NEW DORMITORY AND ELECTRICAL SUBST false false false C NH Health & Education Facilities Authority 020279866 6446147B9 2016-11-10 18270826 EXPANSION AND RENOVATION OF STUDEN false false false A 10610000 0 61415000 0 0 0 0 0 0 0 61415000 0 2012 true false true true B 0 0 11726280 0 0 0 190353 0 0 11535927 0 0 2014 false false true true C 0 0 18270826 0 0 0 237734 0 0 5792929 0 12240163 false false false true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A true true true PIPER JAFFRAY & CO 23.9 false false 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 IV, LINE 1 07/01/2009 61,415,000 NH HEALTH & EDUCATION FACILITIES AUTHORITY - A REBATE COMPUTATION WAS COMPLETED IN JULY 2015 FOR COMPLIANCE THROUGH MAY 1, 2015. 5000 SCHOLARSHIP MERIT SCHOLARSHIP 9000 SCHOLARSHIP MERIT SCHOLARSHIP SCHEDULE L, PART III THE COLLEGE GRANTED A SCHOLARSHIP TO TWO STUDENTS WHO ARE CHILDREN OF CURRENT BOARD TRUSTEES. THE COLLEGE ENSURED THE GRANT WAS AWARDED BASED ON MERIT TO THE ELIGIBLE STUDENTS, WHO MET THE REQUIRED ACADEMIC STANDING. THE TRUSTEES DID NOT HAVE ANY INFLUENCE IN THE DECISION MAKING PROCESS FOR AWARDING SCHOLARSHIPS. X 19 413474 FMV X 1 90000 FMV X Event catering/supplies 36 11821 FMV X Sports Equipment 2 298 FMV false true false Schedule M, Part I The quantities listed in part I, column B represent the number of contributions made, not the number of items. FORM 990, PART III, LINE 1 (CONTINUED) IT DOES SO IN A LEARNING COMMUNITY THAT ENCOURAGES THE LIFELONG PURSUIT OF THE TRUTH AND FOSTERS INTELLECTUAL, MORAL AND SPIRITUAL GROWTH TO SUSTAIN AND ENRICH ITS GRADUATES' PERSONAL LIVES, WORK, AND ENGAGEMENT WITHIN LOCAL, NATIONAL, AND GLOBAL COMMUNITIES. FORM 990, PART V, LINE 1A AMOUNT REPORTED IN BOX 3 OF FORM 1096 INCLUDES FORM 1098-T. FORM 990, PART VI, SECTION A, LINE 6 THE COLLEGE HAS MEMBERS WHO ARE RELIGIOUS INDIVIDUALS IN SOLEMN VOWS. FORM 990, PART VI, SECTION A, LINE 7A THE COLLEGE'S MEMBERS ELECT SIX INDIVIDUALS TO THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B QUESTIONS REGARDING THE MISSION, ISSUANCE OF DEBT, SITING OF BUILDINGS AND DISPOSITION OF CAMPUS PROPERTY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT OF THE COLLEGE AND REVIEWED BY TAX ADVISORS FROM AN INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE AND RECOMMENDED FOR APPROVAL BY THE GOVERNING BODY. SUBSEQUENTLY, THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY WITH OPPORTUNITY TO RAISE QUESTIONS OR ISSUES. AFTER RESOLUTION AND PRIOR TO FILING THE FORM 990 WITH THE IRS, THE DRAFT FORM 990 IS SUBMITTED FOR APPROVAL BY THE EXECUTIVE COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE TRUSTEES OF THE GOVERNING BOARD AND OFFICERS WHO ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, INDICATING THEY ARE IN COMPLIANCE WITH THE POLICY AND/OR DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT'S OFFICE RECEIVES AND REVIEWS THE RESPONSES TO DETERMINE IF THERE ARE ANY POTENTIAL CONFLICTS THAT NEED TO BE DISCLOSED, DISCUSSED AND/OR MITIGATED. IN ACCORDANCE WITH THE POLICY "A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING." FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIALS: THE COMPENSATION AMOUNT FOR THE CEO POSITION IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, AND GEOGRAPHIC LOCATION. COMPENSATION PROCESS FOR OFFICERS AND HIGHEST PAID EMPLOYEES: THE COMPENSATION AMOUNT FOR OFFICERS AND HIGHEST PAID EMPLOYEES IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, GEOGRAPHIC LOCATION AND CUPA_HR. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE COMPENSATION OF THE PRESIDENT, OFFICERS AND HIGHEST PAID EMPLOYEES. THE COMPENSATION COMMITTEE IS COMPRISED OF THE SR. VICE PRESIDENT FOR FINANCE & CFO, VICE PRESIDENT OF HUMAN RESOURCES & ADMINISTRATION AND FOR ANY POSITION WITH A SALARY GRADE OF 12 OR ABOVE, BY THE PRESIDENT. COMPENSATION DECISIONS AND REPORTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING OF THE COMPENSATION COMMITTEE WHEN THE DECISIONS ARE MADE. FORM 990, PART VI, SECTION B, LINE 16B THE COLLEGE IS A PARTNER IN A REAL ESTATE DEVELOPMENT NOT FAR FROM THE COLLEGE. THE COLLEGE OWNED UNUSABLE LAND, SOLD THE LAND, AND TOOK INTEREST IN A PARTNERSHIP THAT WILL DEVELOP HOUSING AND RENTAL UNITS. THE COLLEGE RECEIVES A FEDERAL FORM K-1 EACH PERIOD REPORTING RENTAL INCOME THAT PASSES THROUGH TO THE COLLEGE. THE COLLEGE'S INVOLVEMENT IS PURELY PASSIVE IN NATURE AND NO UNRELATED BUSINESS INCOME IS EXPECTED FROM THE PARTNERSHIP. THIS PASSIVE ACTIVITY IS INSIGNIFICANT TO THE OVERALL OPERATIONS OF THE COLLEGE, PROVIDES A SMALL PASSIVE REVENUE STREAM TO THE COLLEGE, HELPED RELIEVE THE COLLEGE OF UNUSABLE LAND AND PROVIDES THE MANCHESTER COMMUNITY AN OPPORTUNITY TO BUILD HOUSING NEAR THE COLLEGE. THE BOARD OF TRUSTEES AND MANAGEMENT APPROVED ALL OF THE TRANSACTIONS LEADING UP THE COLLEGE'S INVOLVEMENT IN THE PARTNERSHIP, AND ALL NEGOTIATIONS WERE CONDUCTED AT ARMS-LENGTH AND FAIR VALUE. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WIDELY AVAILABLE TO THE PUBLIC VIA ITS WEBSITE (WWW.ANSELM.EDU). THE FILED FORMS 990 FOR THE PRIOR THREE YEARS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 UNREALIZED GAIN ON INTEREST RATE SWAP AGREEMENTS $ 4,854,139 CHANGE IN VALUE OF TRUST $ 627,830 ----------- TOTAL $ 5,481,969 =========== Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 264322319 Monastery NH 501(c)(3) 1 na false Benedictine Fathers of the Priory 320 portola road portola valley CA 94028 941399274 high school CA 501(c)(3) 2 na false Charitable Remainder Trusts (8) 100 saint anselm drive Manchester NH 03102 education NH na T false false false false true false false false false true true true true true true true true true