2017-03-02T08:29:55-06:00 2016-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2015-07-01 480777079 BENEDICTINE COLLEGE % RONALD J OLINGER BENE 9133675340 1020 N 2ND ST ATCHISON KS 66002 RONALD J OLINGER CFO 9133675340 2017-05-15 true Michael J Engle P00482834 8162216300 2015 2021-01-29 14:40:06Z STEPHEN D MINNIS 1020 N 2ND ST ATCHISON KS 66002 76539393 false 0928 X WWW.BENEDICTINE.EDU X 1971 KS BENEDICTINE COLLEGE'S MISSION AS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE IS THE EDUCATION OF MEN & WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP. 32 30 1219 32 370242 8999787 10046168 60633257 63457065 1833921 -205023 631010 842483 72097975 74140693 23047833 24162863 0 0 20303462 21699140 55000 57042 1643346 22760502 24631262 66166797 70550307 5931178 3590386 134913587 134481137 56738004 53660782 78175583 80820355 X SEE SCHEDULE O false false 60708993 24162863 64353088 SEE SCHEDULE O 60708993 true true false false false false false true false true true false false false true false true false true true true true false true true false false true true true true false false false false false false true false false false true true false false false true false false false true 2393 0 true 1219 true true true false false false false true true false false false false X 32 30 true false false false false true true true true false false true true true true true true true false true true X RONALD J OLINGER 9133675340 1020 N 2ND STREET ATCHISON KS 66002 ABBOT JAMES ALBERS OSB DIRECTOR/SECRETARY 1.0 0.0 X X 0 0 0 LARRY BUESSING DIRECTOR 1.0 0.0 X 0 0 0 SHIRLEY CHENOWETH DIRECTOR 1.0 0.0 X 0 0 0 JUDITH HEMBERGER DIRECTOR 1.0 0.0 X 0 0 0 DARRYL JONES DIRECTOR 1.0 0.0 X 0 0 0 KEVIN E KRAMER DIRECTOR 1.0 0.0 X 0 0 0 DAVID M LAUGHLIN DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN E MCBRIDE DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL MURPHY DIRECTOR 1.0 0.0 X 0 0 0 JACK A NEWMAN JR DIRECTOR/BOARD CHAIRMAN 1.0 0.0 X X 0 0 0 KATHLEEN O'HARA DIRECTOR 1.0 0.0 X 0 0 0 RICHARD SULLIVAN DIRECTOR 1.0 0.0 X 0 0 0 MATTHEW TYNAN DIRECTOR 1.0 0.0 X 0 0 0 S DIANA SEAGO OSB DIRECTOR 1.0 0.0 X 0 0 0 PAUL D WESTERMAN DIRECTOR 1.0 0.0 X 0 0 0 ROBERT S WHOLEY DIRECTOR 1.0 0.0 X 0 0 0 S ANNE SHEPARD OSB DIRECTOR/BOARD VICE-CHAIRMAN 1.0 0.0 X X 0 0 0 SUSAN ZUBRADT DIRECTOR 1.0 0.0 X 0 0 0 PATRICK M CARR SR DIRECTOR 1.0 0.0 X 0 0 0 LENE WESTERMAN DIRECTOR 1.0 0.0 X 0 0 0 CAROL ROGERS DIRECTOR 1.0 0.0 X 0 0 0 GERARD BRUNDGARDT DIRECTOR 1.0 0.0 X 0 0 0 PAT GEORGE DIRECTOR 1.0 0.0 X 0 0 0 FR JEREMY HEPPLER OSB DIRECTOR 1.0 0.0 X 0 0 0 KATHRYN WEISHAR DALZELL DIRECTOR 1.0 0.0 X 0 0 0 S THOMASITA HOMAN OSB DIRECTOR/ASSISTANT SECRETARY 1.0 0.0 X X 0 0 0 DANIEL FANGMAN DIRECTOR 1.0 0.0 X 0 0 0 FR DENIS MEADE OSB DIRECTOR 1.0 0.0 X 0 0 0 DAVYEON ROSS DIRECTOR 1.0 0.0 X 0 0 0 JOAN KOECHNER CHARBONNEAU DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN D MINNIS PRESIDENT 40.0 0.0 X 311716 0 152001 KIMBERLY C SHANKMAN VICE PRESIDENT 40.0 0.0 X 132401 0 25777 RONALD J OLINGER TREASURER AND CFO 40.0 0.0 X 158192 0 25821 KRISTIE R SCHOLZ ASST TREASURER 40.0 0.0 X 80973 0 4763 FR MAURICE HAEFLING OSB ASST TREASURER 1.0 0.0 X 0 0 0 KELLY VOWELS VP OF INSTITUTIONAL ADV. 40.0 0.0 X 129866 0 19231 PETE HELGESEN DEAN OF ENROLLMENT MANAGEMENT 40.0 0.0 X 115570 0 5099 928718 0 232692 5 false true false LAWHON CONSTRUCTION CONSTRUCTION 4152347 ARAMARK SERVICES FOOD SERVICE 3581875 MCANANY CONSTRUCTION INC CONSTRUCTION 671780 HUNDLEY CONSTRUCTION INC CONSTRUCTION 1130273 UNIVERSITY OF NORTH DAKOTA STUDENT SERVICE 352566 13 455170 9590998 509868 10046168 Tuition and Fees 611600 48311301 48311301 Room and Board 611600 14005049 14005049 Student Activities 611710 928770 928770 Athletic Income 611710 211945 211945 63457065 720218 720218 0 0 4520 4520 0 4520 4520 1036628 1961869 -925241 -925241 -925241 120652 455170 178712 -58060 -58060 0 372192 258119 114073 114073 Catering Services UBI 722320 100602 100602 Conference UBI 541900 148484 148484 PARTNERSHIP INCOME 900099 121156 121156 411708 411708 781950 74140693 63982846 370242 -258563 51070 51070 24048110 24048110 63683 63683 0 844967 144527 700440 0 15712694 13067405 1877216 768073 405958 341617 41531 22810 3660211 1903206 1684523 72482 1075310 858031 165738 51541 0 76907 76907 69364 69364 0 57042 57042 121280 121280 4842744 4490498 219931 132315 93419 11325 82094 1287481 893335 323415 70731 504232 52439 451793 0 1565548 1234413 271316 59819 995476 922371 46545 26560 0 86646 82472 1544 2630 2055905 2055905 0 6615862 5763861 829067 22934 311251 241077 57489 12685 UNCOLLECTABLE CONTRIBUTIONS 1102932 1102932 AUXILIARY EXPENSES 847319 847319 STUDENT SERVICES 819772 819772 ACADEMIC SUPPORT 810146 810146 2424978 903479 1177775 343724 70550307 60708993 8197968 1643346 529643 191871 9042435 6259101 4429512 5305088 420136 634821 0 0 0 0 0 0 281436 316919 290159 486029 144147785 58306211 84987982 85841574 29226255 29413595 0 0 3329937 3335651 0 0 2376092 2696488 134913587 134481137 3908891 2759769 0 0 2124762 1954003 46464033 44675786 0 0 0 0 0 0 0 0 4240318 4271224 56738004 53660782 X 44512164 48841580 14215417 10656861 19448002 21321914 78175583 80820355 134913587 134481137 X 3590386 -842563 -103051 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 251401 226665 226665 X true false false 26064799 2133908 -1188756 966179 0 117124 25926648 24406317 3002410 76281 1290880 5057 124272 26064799 21053399 1262471 2910812 701826 4902 113637 24406317 19435866 447225 1922225 648514 3992 99412 21053398 19476061 294310 368235 620758 81981 19435867 0.10120 0.81370 0.08510 false false 1144395 1144395 127233487 46510426 80723061 15769903 11795785 3974118 85841574 0 Student Deposits 460487 REFUNDABLE GOVT LOAN PROGRAMS 3151400 Asset Retirement Liability 426854 Annuity & Trust Obligations 232483 4271224 48359588 -842563 -647996 -1490559 49850147 121280 24169266 24290546 74140693 45714816 -666101 -666101 46380917 121280 24048110 24169390 70550307 SCHEDULE D, PART III, LINE 4 FREDERICK HART'S WASHINGTON NATIONAL CATHEDRAL COLLECTION IS AN IMPRESSIVE ASSEMBLAGE OF SCULPTURES THAT INCLUDES THE BAS-RELIEF EX NIHILO AND THE LIFE-SIZE CASTINGS OF THE BIBLICAL FIGURES ADAM, ST. PETER AND ST. PAUL. IN ADDITION TO THESE SCULPTURES FROM THE NATIONAL CATHEDRAL IN WASHINGTON, DC, THE ARTIST IS BEST KNOWN FOR HIS BRONZE SCULPTURES OF THREE SOLDIERS FOR THE NATIONAL VIETNAM WAR MEMORIAL. BENEDICTINE COLLEGE IS THE ONLY COLLEGE TO HAVE THESE FIRST CASTINGS AVAILABLE FOR VIEWING ON A DAILY BASIS. EX NIHILO IS ON EXHIBIT INSIDE THE FERRELL ACADEMIC CENTER AND THE STATUES OF ADAM, ST. PETER AND ST. PAUL ARE LOCATED IN THE HEART OF CAMPUS ALONG THE RAVEN WALK. AN 8-FOOT BRONZE STATUE OF THE SACRED HEART OF JESUS WAS ADDED THIS YEAR IN RAVEN MEMORIAL PARK. THE STATUE IS BY NOTED SCULPTOR E. SPENCER SCHUBERT, WHOSE WORK ALSO APPEARS IN THE ROYALS BASEBALL HALL OF FAME, KANSAS STATE UNIVERSITY, AND IN THE CAPITAL BUILDING FOR THE STATE OF MISSOURI. SCHUBERT MODELED THE FACE OF SACRED HEART OF JESUS STATUE AFTER THE IMAGE ON THE SHROUD OF TURIN. FOURTEEN FOLDS IN JESUS ROBE REPRESENT THE STATIONS OF THE CROSS; THREE FOLDS IN THE CENTER REPRESENT THE TRINITY. THE PRESENCE OF THESE PIECES EXPOSES OUR STUDENTS AND OUR CAMPUS VISITORS TO SOME TRULY MAGNIFICENT ARTWORK, AND IS ANOTHER ILLUSTRATION OF OUR COMMITMENT TO A BROAD LIBERAL ARTS EDUCATION. OTHER WORKS ON CAMPUS INCLUDE A COLLECTION OF BRONZE WORKS BY SCULPTOR BILL HOPEN IN ST. SCHOLASTICA PLAZA. THIS INLCUDES THE BRONZE STATUE OF ST. SCHOLASTICA, THE BRONZE STATUE OF NOBEL PRIZE WINNER WANGARI MAATHAI, THE BRONZE GATHERING OF A BENEDICTINE SISTER WITH TWO STUDENTS, AND THE BAS RELIEF DEPICTING THE ARRIVAL OF THE SISTERS IN ATCHISON IN 1863 THAT IS ON THE FAADE OF ELIZABETH HALL. A SEPARATE BRONZE STATUE OF ST. BENEDICT, INSTALLED OUTSIDE THE HAVERTY CENTER, IS BY SCULPTOR TIM MISPAGEL. SCHEDULE D, PART V, LINE 4 THE PRIMARY PURPOSE OF THE ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS. THE ENDOWMENT FUNDS ARE ALSO USED TO FUND BUSINESS PROGRAMS AND GENERAL OPERATIONS OF THE COLLEGE. SCHEDULE D, PART X LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D CHANGE IN CSV OF LIFE INSURANCE $ 18,105 BOOKSTORE COGS $ 258,119 FUNDRAISING EXPENSES $ 178,712 UNCOLLECTABLE CONTRIBUTIONS $ (1,102,932) ------------- $ (647,996) SCHEDULE D, PART XI LINE 4B SCHOLARSHIPS $ 24,048,110 PARTNERSHIP INCOME $ 121,156 ------------ $ 24,169,266 SCHEDULE D, PART XII, LINE 2D BOOKSTORE COGS $ 258,119 FUNDRAISING EXPENSES $ 178,712 UNCOLLECTABLE CONTRIBUTIONS $ (1,102,932) ------------- $ (666,101) SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS $ 24,048,110 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 BENEDICTINE'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE COLLEGE CATALOG, WHICH EVERY STUDENT RECEIVES UPON RECEIVING NOTICE OF ACCEPTANCE. SCHEDULE E, PART I, LINE 6A BENEDICTINE RECEIVES TITLE IV FUNDS FROM THE DEPARTMENT OF EDUCATION. true Sub-Saharan Africa Grantmaking 18623 Central America and the Caribbean Grantmaking 43050 South America Grantmaking 2010 North America Program Services Education/Mission Trip 6095 Europe (Including Iceland and Greenland) Program Services Education/Mission Trip 759575 South America Program Services Education/Mission Trip 56696 Central America and the Caribbean Program Services Education/Mission Trip 125735 East Asia and the Pacific Program Services Education/Mission Trip 46821 Sub-Saharan Africa Program Services Education/Mission Trip 19271 South Asia Program Services Education/Mission Trip 3767 1081643 1081643 Sub-Saharan Africa Mission Trip 18623 EFT Central America and the Caribbean Mission Trip 40000 Supplies FMV 2 false false false false false false SCHEDULE F, PART 1, LINE 2 THE GRANTS GIVEN TO FOREIGN ORGANIZATIONS ARE IN SUPPORT OF PROJECTS STUDENTS ARE WORKING ON DURING MISSION TRIPS. THE MISSION TRIPS FURTHER THE STUDENTS EDUCATION. THE GRANTS ARE MONITORED BY THE STUDENTS THAT ARE WORKING ON THE PROJECT. X X X X X X X true WILSON AND BENNET FUNDRAISING false 306278 57042 249236 KELLER MCINTYRE ASSOCIATES FUNDRAISING false 85457 306278 142499 249236 AK AZ AR CO CT HI IN ME MD MA MI MN MS NH NJ NC OR SC UT VA WA SCHOLARSHIP BAL 500453 417122 83331 83668 5450 46229 GOLF TOURNAMENT 58336 31391 26945 12694 1739 19171 1 17033 6657 10376 4350 1800 3611 575822 455170 120652 17044 87207 5450 69011 178712 -58060 true NAPA Institute 2532 Dupont Dr Irvine CA 92612 453733093 501(c)3 7500 General Support FOCUS 603 Park Point Dr STE 200 Genesee CO 80401 841522811 5600 General Support 1 1 STUDENT AID/ SCHOLARSHIPS 1976 24048110 SCHEDULE I, PART I, LINE 2 SCHOLARSHIPS ALL GRANTS ARE INSTITUTIONAL FINANCIAL AID AND APPLIED DIRECTLY TO STUDENT ACCOUNTS. IT IS A CONTINUAL PROCESS IN WHICH WE AWARD STUDENT AID WITHIN FEDERAL GUIDELINES AT THE INITIAL AWARDING TIME PERIOD. IF ANY CHANGES TO A STUDENT'S STATUS OCCUR, WE REVIEW THE STUDENT'S AID PACKAGE COMPONENTS TO ENSURE THAT ANY/ALL ADJUSTMENTS MADE MAINTAIN COMPLIANCE WITH TITLE IV FUND RULES. WE ALSO PERFORM SPOT CHECKS THROUGHOUT THE SEMESTER TO DOUBLE CHECK THAT AID ELIGIBILITY CALCULATIONS ARE MET. DOMESTIC ORGANIZATIONS GRANTS TO ORGANIZATIONS ARE GIVEN TO ORANIZATIONS THAT FURTHER THE MISSION OF THE ORGANIZATION. FOCUS IS A FOR PROFIT ENTITY THAT SENDS MISSIONARIES TO COLLEGE CAMPUSES. THE DONATIONS SPONSORED TWO OF THEIR EVENTS. X X X true true X X X X X false true false false false false false false false STEPHEN D MINNIS PRESIDENT 286294 0 0 0 25422 0 133250 0 18751 0 463717 0 KIMBERLY C SHANKMAN VICE PRESIDENT 125065 0 7000 0 336 0 6376 0 19401 0 158178 0 RONALD J OLINGER TREASURER AND CFO 149318 0 7000 0 1874 0 7620 0 18201 0 184013 0 SCHEDULE J, PART I, LINE 1A BENEDICTINE COLLEGE PROVIDES HOUSING TO STEPHEN D MINNIS. THE FMV OF THE HOUSING IS NOT INCLUDED IN HIS W-2 BECAUSE IT QUALIFIES AS A NON TAXABLE BENEFIT UNDER CODE SECTION 119. PRESIDENT MINNIS ALSO RECEIVES SOCIAL CLUB DUES THAT ARE TAXABLE AND INCLUDED IN HIS W-2. BENEDICTINE COLLEGE PAID TRAVEL COSTS FOR THE PRESIDENT'S SPOUSE. THE COSTS WERE NOT INCLUDED IN THE PRESIDENT'S W-2. BENEDICTINE COLLEGE CONSIDERS THE TRAVEL TO BE A BONA FIDE BUSINESS PURPOSE. SCHEDULE J PART 1 LINE 4b Stephen Minnis $120,000 A ATCHISON COUNTY KANSAS 486025049 046597BC3 2007-12-27 4824916 SEE PART VI false false false B ATCHISON COUNTY KANSAS 486025049 046617AX4 2008-01-23 5232252 SEE PART VI false false false C KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY 481233911 48526HVB9 2010-05-18 10785000 SEE PART VI false false false D ATCHISON COUNTY KANSAS 486025049 046597BT6 2011-11-16 9990000 SEE PART VI false false false A 700000 0 4860030 173766 137584 0 96000 0 0 4453759 0 0 2008 false false true true B 775000 0 5279477 186487 462085 0 104000 0 0 4528279 0 0 2009 false false true true C 3520000 0 10785000 731863 0 0 210600 0 0 3827385 6747015 0 2013 true false true true D 1420000 0 10002858 752808 165634 0 199800 0 0 8887424 0 0 2014 false false true true A false true false false 0.00000 0.02020 0.02020 false false false true B false true false false 0.00000 0.02020 0.02020 false false false true C false true true true false 0.00000 0.00000 0.00000 false false false true D false true true true false 0.00000 0.00000 0.00000 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 D false true false false 0 false 0 false true A true B true C true D true PART 1, LINE A, Column (F) - Tax Exempt Bonds #1 Constructing, improving and equipping educational facilities. PART 1, LINE B, Column (F) - Tax Exempt Bonds #1 Constructing, improving and equipping educational facilities. PART 1, LINE C, Column (F) - Tax Exempt Bonds #1 Constructing, improving and equipping educational facilities and Refund 2003 Bonds. The 2003 Bonds were originally issued 3-31-2003. PART 1, LINE D, Column (F) - Tax Exempt Bonds #1 Constructing, improving and equipping educational facilities. PART 1, LINE A, Column (F) - Tax Exempt Bonds #2 Refund a portion of the 2004 Bonds. THE 2004 BONDS WERE ORIGINALLY ISSUED ON 12-28-2004. PART 1, LINE B, Column (F) - Tax Exempt Bonds #2 Refund a portion of the 2004 Bonds. THE 2004 BONDS WERE ORIGINALLY ISSUED ON 12-28-2004. PART 1, LINE C, Column (F) - Tax Exempt Bonds #2 Constructing, furnishing and renovating educational facilities. PART 1, LINE D, Column (F) - Tax Exempt Bonds #2 Constructing, furnishing and renovating educational facilities. Part II, Line 3, Column A - TAX-EXEMPT BONDS #1 Amount is not equal to the issue price due to investment earnings earned during the project period. Part II, Line 3, Column B - TAX-EXEMPT BONDS #1 Amount is not equal to the issue price due to investment earnings earned during the project period. Part II, Line 3, Column D - TAX-EXEMPT BONDS #1 Amount is not equal to the issue price due to investment earnings earned during the project period. Part II, Line 11, Column C - TAX-EXEMPT BONDS #1 This amount was used to refund the 2003 bonds. Part II, Line 11, Column A - TAX-EXEMPT BONDS #2 This amount was used to refund a portion of the 2004 bonds. Part II, Line 11, Column B - TAX-EXEMPT BONDS #2 OF THIS AMOUNT, $4,809,799.38 WAS USED TO REFUND THE REMAINING OUTSTANDING 2004 BONDS AND $5,135.95 WAS ALLOCATED TO INTEREST ON THE 2013 BONDS. Part III, Line 5, Column A and B - TAX-EXEMPT BONDS #1 This represents the maximum amount of potential private business use that may result from unrelated trade or business activity. Part IV, Line 2c, Column A - TAX-EXEMPT BONDS #1 The Arbitrage Rebate Analysis was performed as of 12-1-2012. The next installment computation will be 12-1-2017. Part IV, Line 2c, Column B - TAX-EXEMPT BONDS #1 The Arbitrage Rebate Analysis was performed as of 10-1-2012. The next installment computation will be 10-1-2017. Part IV, Line 2c, Column C - TAX-EXEMPT BONDS #1 The Arbitrage Rebate Analysis was performed as of 4-1-2015. The next installment computation will be 04-01-2020. Part IV, Line 2c, Column D - TAX-EXEMPT BONDS #1 The Arbitrage Rebate Analysis was performed as of 11-1-2016. The next installment computation will be 11-1-2021. Part IV, Line 2c, Column B - TAX-EXEMPT BONDS #2 The Arbitrage Rebate Analysis was performed as of 3-1-2016. Part IV, Line 6, Column B - TAX-EXEMPT BONDS #2 There was a small amount of Bond proceeds held in the issuance fund after the 13-month period. However, it was not invested above the Bond yield. A ATCHISON COUNTY KANSAS 486025049 2012-04-26 1805000 SEE PART VI false false false B ATCHISON COUNTY KANSAS 486025049 046617BN5 2013-03-27 4905000 SEE PART VI false false false C ATCHISON COUNTY KANSAS 486025049 046617BQ8 2013-09-30 4735000 SEE PART VI false false false D ATCHISON COUNTY KANSAS 486025049 046617BX3 2014-01-07 8000000 SEE PART VI false false false A 720000 0 1805000 0 0 0 34625 0 0 0 1770375 0 2006 true false true true B 615000 0 4905000 0 0 0 90065 0 0 0 4814935 0 2006 true false true true C 0 0 4735000 362706 6034 0 88666 0 0 4280300 0 0 2014 false false true true D 0 0 8000000 380083 7706 0 143708 0 0 7473586 0 0 2014 false false true true A false true false false 0.00000 0.00000 0.00000 false false false true B false true false false 0.00000 0.00000 0.00000 false false false true C false true true true false 0.00000 0.00000 0.00000 false false false true D false true true true false 0.00000 0.00000 0.00000 false false false true A true true false 0 false 0 false true B false true false false 0 false 0 true true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true 24000 Atheletic Award Women's Basketball 8000 Academic Scholarship Academics X 1373 FMV X 20 219561 FMV X 6 226820 FMV X 4 8886 FMV X FURNITURE & EQUIPMENT 16 39814 FMV X MISCELLANEOUS ITMES 15 13414 FMV false true true SCHEDULE M, PART I, COLUMN B THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS DURING THE YEAR. SCHEDULE M, PART I, LINE 32B WILSON & BENNET ARE USED TO FUNDRAISE FOR THE ANNUAL FUND AND KELLER MCINTYRE & ASSOCIATES LLC ARE USED TO SOLICIT GOVERNMENT GRANT FUNDS. FORM 990, PART III, LINE 1 BENEDICTINE COLLEGE IS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE. OUR MISSION IS TO EDUCATE MEN AND WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP. BUILDING A GREAT CATHOLIC COLLEGE REQUIRES A COMMUNITY-WIDE COMMITMENT TO EXCELLENCE. WE DEDICATE OURSELVES TO EDUCATING STUDENTS TO BECOME LEADERS IN THE BENEDICTINE TRADITION, WHO WILL TRANSFORM THE WORLD THROUGH THEIR COMMITMENT TO INTELLECTUAL, PERSONAL AND SPIRITUAL GREATNESS. FORM 990, PART III, LINE 4A BENEDICTINE COLLEGE IS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE WITH A MISSION TO EDUCATE MEN AND WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP. WE HAVE A VISION TO BUILD ONE OF THE GREAT CATHOLIC COLLEGES IN AMERICA, AND ATTAINING THAT VISION REQUIRES A COMMUNITY-WIDE COMMITMENT TO EXCELLENCE. WE DEDICATE OURSELVES TO EDUCATING STUDENTS TO BECOME LEADERS IN THE BENEDICTINE TRADITION, WHO WILL TRANSFORM THE WORLD THROUGH THEIR COMMITMENT TO INTELLECTUAL, PERSONAL AND SPIRITUAL GREATNESS. BENEDICTINE COLLEGE IS LOCATED IN ATCHISON, KANSAS, ON A 120-ACRE CAMPUS OVERLOOKING THE MISSOURI RIVER, ABOUT 50 MILES NORTH OF KANSAS CITY, MISSOURI. THERE IS A GRADUATE PROGRAMS SATELLITE CAMPUS IN ROELAND PARK, KANSAS, AND INTERNATIONAL PROGRAMS IN FLORENCE, ITALY, AND DUBLIN, IRELAND. FOR THE CURRENT ACADEMIC YEAR (2015-16), BENEDICTINE COLLEGE IS BLESSED TO HAVE THE LARGEST FULL-TIME UNDERGRADUATE STUDENT BODY IN ITS HISTORY WITH MORE THAN 1,925 STUDENTS, NEARLY TRIPLING BENEDICTINE COLLEGE'S ENROLLMENT FROM 20 YEARS AGO. THE FRESHMAN CLASS ENTERING IN 2015 HAD THE HIGHEST AVERAGE ACT SCORE AND HIGHEST AVERAGE GPA IN SCHOOL HISTORY. THE AVERGAGE GPA WAS THE HIGHEST OF ANY FRESHMAN CLASS AT ANY COLLEGE OR UNIVERSITY IN KANSAS. IT IS OBVIOUS THAT BENEDICTINE COLLEGE IS ATTRACTING BOTH MORE STUDENTS AS WELL AS THE BEST AND THE BRIGHTEST. OVER 80% OF UNDERGRADUATE STUDENTS LIVE ON CAMPUS IN ACCORDANCE WITH THE COLLEGE'S STRONG RESIDENTIAL TRADITION. TO KEEP UP WITH ITS GROWTH, BENEDICTINE COLLEGE HAS OPENED 11 NEW RESIDENCE HALLS SINCE THE YEAR 2000. LAST YEAR, THE COLLEGE OPENED THE MURPHY RECREATION CENTER, A NEW HEALTH AND FITNESS FACILITY WITH EXERCISE MACHINES, ROOMS FOR FITNESS AND SPINNING CLASSES, TWO BASKETBALL COURTS, AND AN INDOOR TURFED FIELD. IN ADDITION, RENOVATION AND EXPANSION OF THE DINING HALL WAS COMPLETED LAST YEAR AND A NEW STUDENT SUCCESS CENTER WAS BUILT. A NEW BASEBALL STADIUM AND A NEW SOFTBALL FACILITY OPENED A YEAR AGO. NATIONAL SURVEYS PLACE BENEDICTINE'S STUDENT LIFE PROGRAM HIGHEST IN OVERALL RESIDENT SATISFACTION AND BENEDICTINE COLLEGE'S RETENTION RATE IS CONSISTENTLY ABOVE 90%. OUR ATHLETES HAVE EXCELLED ON THE FIELD AS WELL AS OFF, WITH 11 VARSITY SPORTS TEAMS RECEIVING NAIA SCHOLAR TEAM RECOGNITION AND BENEDICTINE COLLEGE BEING NAMED A CHAMPIONS OF CHARACTER FIVE STAR INSTITUTION BY THE NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS. SEVENTEEN ATHLETES WERE NAMED NAIA DAKTRONICS SCHOLAR ATHLETES. THE WOMEN'S BASKETBALL TEAM MEN'S AND WOMEN'S CROSS COUNTRY TEAMS AND WOMEN'S SOCCER TEAM ALL WON THEIR HEART OF AMERICA ATHLETIC CONFERENCE CHAMPIONSHIPS AND WENT INTO NATIONAL COMPETITION. THE WOMEN'S BASKETBALL TEAM MADE IT TO THE FINAL FOUR OF THE NAIA NATIONAL TOURNAMENT AND THE WOMEN'S SOCCER TEAM MADE IT TO THE ROUND OF EIGHT. IN THE AREA OF ACADEMIC EXCELLENCE, BENEDICTINE IS NOW ONE OF THE FEW CATHOLIC COLLEGES IN THE NATION OFFERING ABETACCREDITED PROGRAMS IN CHEMICAL, CIVIL, ELECTRICAL, AND MECHANICAL ENGINEERING AND IS THE ONLY CATHOLIC COLLEGE TO OFFER BOTH ENGINEERING AND ARCHITECTURE DEGREES. ALSO, SEVERAL NEW MAJORS HAVE BEEN ADDED IN RECENT YEARS, INCLUDING ART, CRIMINOLOGY, ENGINEERING PHYSICS, FINANCE, INTERNATIONAL BUSINESS, INTERNATIONAL STUDIES, EVANGELIZATION & CATECHESIS AND NURSING. THE COLLEGE HAS NOW GRADUATED THE FIRST FIVE CLASSES OF BENEDICTINE ENGINEERS AND NURSES. ONCE AGAIN, ALL THE NURSES PASSED THEIR EXAMS AND HAVE JOBS IN THE MEDICAL FIELD AND THE ENGINEERS ARE HIGHLY SOUGHT. THIS YEAR, BENEDICTINE COLLEGE APPEARED IN THE TOP 15 COLLEGES IN THE MIDWEST IN THE ANNUAL U.S. NEWS & WORLD REPORT RANKINGS OF AMERICA'S BEST COLLEGES. IN ADDITION, THE CARDINAL NEWMAN SOCIETY NAMED BENEDICTINE COLLEGE ONE OF THE TOP CATHOLIC COLLEGES IN THE UNITED STATES IN ITS PUBLICATION, THE NEWMAN GUIDE TO CHOOSING A CATHOLIC COLLEGE. AFTER AN EXTENSIVE NATIONAL STUDY, FIRST THINGS MAGAZINE ALSO NAMED BENEDICTINE COLLEGE TO ITS TOP 20. THE SCHOOL IS RANKED NUMBER 18 IN THE NATION BY THEIR RESEARCH, WHICH INCLUDED MORE THAN 2,000 COLLEGES AND UNIVERSITIES, FROM AMERICAN UNIVERSITY TO YALE. THE STUDY ALSO RANKED BENEDICTINE COLLEGE AMONG THE TOP 5 CATHOLIC COLLEGES IN THE COUNTRY. BENEDICTINE COLLEGE ALSO LAUNCHED AN HONORS PROGRAM, A GREGORIAN FELLOWS PROGRAM, AND THE GREGORIAN SPEECH DIGEST. THE ANNUAL SYMPOSIUM FOR THE NEW EVANGELIZATION HAS BECOME A MAINSTAY IN THE CHURCH'S MISSION TO REACH OUT TO CATHOLICS AND NON-CATHOLICS. THE MINISTRY PROGRAM IS NATIONALLY RECOGNIZED AND THE STUDENT LIFE PROGRAM HAS BECOME A MODEL FOR OTHER COLLEGES. EACH YEAR, THE RAVENS RESPECT LIFE STUDENT ORGANIZATION TAKES AS MANY AS 8 BUSLOADS, NEARLY 25% OF THE STUDENT POPULATION, TO WASHINGTON, D.C., AND THE ANNUAL MARCH FOR LIFE. BENEDICTINE COLLEGE IS CONSISTENTLY GAINING IN IMAGE AND AWARENESS. IT HAS AVERAGED 6% GROWTH IN ENROLLMENT EACH YEAR FOR THE PAST 17 YEARS. THE CAMPUS HAS BEEN TRANSFORMED, WITH NEW RESIDENCE FACILITIES AND A FABULOUS NEW SIGNATURE ACADEMIC BUILDING. IN ADDITION, A SPECIALLY-COMMISSIONED STATUE OF ST. BENEDICT NOW WELCOMES VISITORS TO CAMPUS OUTSIDE THE HAVERTY CENTER AND A NEW STATUE OF HIS TWIN SISTER, ST. SCHOLASTICA, STANDS NEAR THE MAIN ENTRANCE. A RECENT ENTHRONEMENT OF THE SACRED HEART OF JESUS STATUE IN THE HEART OF CAMPUS WAS A HIGHLIGHT OF THE FALL. THE 2004 NOBEL PEACE PRIZE WINNER, WANGARI MAATHAI, A 1964 GRADUATE, WAS ALSO REMEMBERED WITH A STATUE IN ST. SCHOLASTICA PLAZA. THE BENEDICTINE MONKS AND SISTERS WHO BRAVED THE AMERICAN FRONTIER OF THE MIDDLE 1800S WOULD BE PROUD OF THE INSTITUTION THAT STILL REPRESENTS THEIR VISION OF COMMUNITY, FAITH AND SCHOLARSHIP IN SUCH AN OUSTANDING WAY. FORM 990, PART VI, SECTION A, LINE 2 LENE WESTERMAN AND PAUL WESTERMAN HAVE A FAMILY RELATIONSHIP AS WELL AS A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A The members of the corporation who are Class A members of the Board of Directors shall have the sole and exclusive power and authority to select and elect the successor to the elective Class A members of the Board of Directors in such fashion as they deem appropriate and shall present the successors for service on the Board. The members of the corporation who are Class B members of the Board of Directors shall have the sole and exclusive power and authority to select and elect the successors to the elective Class B members of the Board of Directors in such fashion as they deem appropriate and shall present the successors for service on the Board. FORM 990, PART VI, SECTION A, LINE 7B Subject to the limitations and provisions of the Articles of Incorporation and of the Bylaws with respect to the election of Directors, each member shall have one vote on all matters coming before the members. Any action by the members of the corporation, unless specifically set forth in the Articles of Incorporation of the corporation (the "Articles of Incorporation") or in the Bylaws, shall require an affirmative vote of a majority of the members of the corporation from each individual Class of Directors. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS OR CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE 990 IS THEN PROVIDED TO THE FINANCE COMMITTE BOARD AND THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF HIRE OR ELECTION (IN THE CASE OF DIRECTORS) AND ANNUALLY THEREAFTER, THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES SHALL PROVIDE THE APPLICABLE CONFLICT OF INTEREST DISCLOSURES WHICH SHALL BE COMPLETED TO IDENTIFY ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH IT IS BELIEVED A CONFLICT MAY ARISE. IF A CONFLICT ARISES, THE OFFICER, DIRECTOR, OR KEY EMPLOYEE ABSTAINS FROM THE VOTE OF THE CONFLICTED POSITION. AN APPROPRIATE REPORT SHALL BE SUBMITTED TO THE EXECUTIVE BOARD CONCERNING ANY INTEREST DISCLOSED. FORM 990, PART VI, SECTION B, LINES 15A & B LINE 15A - THE ORGANIZATION'S PROCESS FOR DETERMINING PRESIDENT COMPENSATION BEGAN WITH THE BOARD REQUIRING A 5 YEAR REVIEW OF THE PRESIDENT'S SALARY AND A REVIEW FOR THE SAME PERIOD AT COLLEGES OF LIKE SIZES. ADDITIONALLY, THE BOARD REQUIRED A COMPREHENSIVE REVIEW OF HIS SALARY TO INCLUDE NON-TANGIBLE BENEFITS. THE ORGANIZATION'S PROCESS FOR DETERMINING PRESIDENT COMPENSATION BEGINS WITH AN INITIATIVE LEAD BY THE CHAIRMAN OF THE GOVERNING BOARD. THE CHAIRMAN COMPARES COMPENSATION AND SALARY DATA WITH OTHER ORGANIZATIONS OF A SIMILAR SIZE AND INDUSTRY. THE CHAIRMAN REVIEWS THE DATA AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS IN A CLOSED EXECUTIVE COMMITTEE MEETING WHERE THE COMPENSATION IS THEN VOTED UPON. LINE 15B - THE PRESIDENT CONDUCTS AN ANNUAL REVIEW OF OTHER OFFICER AND KEY EMPLOYEE'S COMPENSATION BASED ON COMPARABLE SALARY DATA OF OTHER ORGANIZATIONS OF SIMILAR SIZE AND INDUSTRY. This past year we conducted a salary analysis of all positions vetted against national data and adjusted regionally. We made adjustments to salaries as appropriate and we will continue to do this on an ongoing basis. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 INCREASE IN CSV OF LIFE INSURANCE $ 18,105 PARTNERSHIP INCOME $(121,156) --------- $(103,051) KANSAS INDEPENDENT COLLEGE FUND 700 S KANSAS AVENUE NO 622B TOPEKA KS 66603 480636041 SUPPORT KS 501(C)(3) 11A NA false false false true false false false false false false false false false false false false false false false false