BABSON COLLEGE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
BABSON COLLEGE (EIN 04-2103544)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-15
IRS object ID
201721359349308927
Schema version
2015v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-15T14:23:28-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SEAPORT BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103544EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Babson CollegeBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% RICHARD BOWMANInCareOfNm
Business Name ControlBABSBusinessNameControlTxt
Phone7812395298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 Forest StreetAddressLine1Txt
CityBabson ParkCityNm
State AbbreviationMAStateAbbreviationCd
ZIP024570310ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE CRAVENPersonNm
Person TitleCHIEF ADMIN OFFICERPersonTitleTxt
Phone7812395298PhoneNum
Signature2017-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIN COUTUREPreparerPersonNm
PTINP01390592PTIN
Phone6175305000PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKERRY HEALEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1Txt
CityBABSON PARKCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02457ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$304,035,816GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BABSON.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1919FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body40VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee2305TotalEmployeeCnt
Total Volunteers2720TotalVolunteersCnt
Total Gross UBI$381,085TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$356,566NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$17,512,072PYContributionsGrantsAmt
CY Contributions Grants$22,073,133CYContributionsGrantsAmt
PY Program Service Revenue$202,200,650PYProgramServiceRevenueAmt
CY Program Service Revenue$203,175,130CYProgramServiceRevenueAmt
PY Investment Income$10,133,016PYInvestmentIncomeAmt
CY Investment Income$4,863,337CYInvestmentIncomeAmt
PY Other Revenue$2,690,214PYOtherRevenueAmt
CY Other Revenue$2,696,476CYOtherRevenueAmt
PY Total Revenue$232,535,952PYTotalRevenueAmt
CY Total Revenue$232,808,076CYTotalRevenueAmt
PY Grants And Similar Paid$36,639,751PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$40,343,452CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$107,685,411PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$111,113,865CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,472,864CYTotalFundraisingExpenseAmt
PY Other Expenses$76,282,704PYOtherExpensesAmt
CY Other Expenses$79,045,390CYOtherExpensesAmt
PY Total Expenses$220,607,866PYTotalExpensesAmt
CY Total Expenses$230,502,707CYTotalExpensesAmt
PY Revenues Less Expenses$11,928,086PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,305,369CYRevenuesLessExpensesAmt
Total Assets BOY$600,473,682TotalAssetsBOYAmt
Total Assets EOY$633,954,756TotalAssetsEOYAmt
Total Liabilities BOY$188,432,813TotalLiabilitiesBOYAmt
Total Liabilities EOY$233,458,259TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$412,040,869NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$400,496,497NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBABSON COLLEGE EDUCATES ENTREPRENEURIAL LEADERS WHO CREATE GREAT ECONOMIC AND SOCIAL VALUE EVERYWHERE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$198,828,207ExpenseAmt
Grant$40,343,452GrantAmt
Revenue$203,175,130RevenueAmt
DescBABSON COLLEGE ENROLLS APPROXIMATELY 2,283 UNDERGRADUATE AND 882 GRADUATE STUDENTS FROM THE UNITED STATES AND MORE THAN 80 COUNTRIES WORLDWIDE. THE COLLEGE OFFERS EDUCATION IN BUSINESS AND LIBERAL ARTS, AND IT GRANTS THE BACHELOR OF SCIENCE DEGREE THROUGH ITS UNDERGRADUATE PROGRAM. THE COLLEGE ALSO GRANTS MASTER OF BUSINESS ADMINISTRATION DEGREES AND CUSTOM MASTER OF SCIENCE DEGREES THROUGH THE F.W.OLIN GRADUATE SCHOOL OF BUSINESS AT BABSON COLLEGE. ADDITIONALLY, BABSON OFFERS DISTINCT EXECUTIVE EDUCATION PROGRAMS TO HELP COMPANIES REACH THEIR STRATEGIC GOALS.Desc
Total Program Service Expenses$198,828,207TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document436IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2305EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members40GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRICHARD BOWMANPersonNm
Phone7812395298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1Txt
CityBabson ParkCityNm
State AbbreviationMAStateAbbreviationCd
ZIP024570310ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (64 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MICHAEL J ANGELAKIS
TRUSTEE1.20.0Yes (X)$0$0$0
THE HONOR CRAIG BENSON
TRUSTEE/VICE CHAIR (UNT 10/15)1.20.0Yes (X)$0$0$0Yes (X)
ETTORE V BIAGIONI
TRUSTEE1.20.0Yes (X)$0$0$0
HOWARD BROWN
TRUSTEE1.20.0Yes (X)$0$0$0
MARLA M CAPOZZI
VICE CHAIR (STARTING 10/15)1.21.2Yes (X)$16,246$0$0Yes (X)
PAUL W CHISHOLM
TRUSTEE1.20.0Yes (X)$0$0$0
THEODORE A CLARK
TRUSTEE1.20.0Yes (X)$0$0$0
TIMOTHY A DEMELLO
TRUSTEE (UNTIL 10/15)1.20.0Yes (X)$0$0$0
DEBORAH DESANTIS
TRUSTEE1.20.0Yes (X)$0$0$0
GARY T DICAMILLO
TRUSTEE1.20.0Yes (X)$7,191$0$0
CRAIG M DONALDSON
TRUSTEE1.20.0Yes (X)$0$0$0
HARISH M FABIANI
TRUSTEE1.20.0Yes (X)$0$0$0
FRANK M FISCHER
TRUSTEE1.20.0Yes (X)$0$0$0
THOMAS F GILBANE JR
TRUSTEE1.20.0Yes (X)$0$0$0
BRETT A GORDON
TRUSTEE1.20.0Yes (X)$0$0$0
LEONARD GREEN
TRUSTEE1.20.0Yes (X)$0$0$0
DR KERRY HEALEY
TRUSTEE/PRESIDENT40.020.0Yes (X)$719,000$0$62,296Yes (X)
JAMES HERBERT II
TRUSTEE (STARTING 10/15)1.20.0Yes (X)$0$0$0
BRUCE T HERRING
VICE CHAIR, BOARD OF TRUSTEES1.20.0Yes (X)$0$0$0Yes (X)
ERIC G JOHNSON
TRUSTEE1.20.0Yes (X)$0$0$0
JOHN JOHNSON
TRUSTEE (STARTING 5/16)1.20.0Yes (X)$0$0$0
FRED SC KIANG
TRUSTEE1.20.0Yes (X)$0$0$0
CARMELLA KLETJIAN
TRUSTEE1.20.0Yes (X)$0$0$0
DAVID F LAMERE
TRUSTEE1.20.0Yes (X)$0$0$0
LOUIS J LAVIGNE JR
TRUSTEE (UNTIL 12/15)1.21.2Yes (X)$0$0$0
SUCHITRA LOHIA
TRUSTEE (STARTING 10/15)1.20.0Yes (X)$0$0$0
MICHAEL S LORBER
TRUSTEE1.20.0Yes (X)$0$0$0
DAVID LUCCHINO
TRUSTTEE1.20.0Yes (X)$0$0$0
MANOJ NARENDER MADNANI
TRUSTEE1.20.0Yes (X)$0$0$0
CARLOS MATTOS
TRUSTEE1.20.0Yes (X)$0$0$0
JEFFREY J MCLANE
TRUSTEE1.20.0Yes (X)$0$0$0
DR RICHARD K MILLER
TRUSTEE1.20.0Yes (X)$0$0$0
RICHARD A RENWICK
TRUSTEE1.20.0Yes (X)$0$0$0
KENNETH G ROMANZI
TRUSTEE1.20.0Yes (X)$0$0$0
JAMES A RULLO
TRUSTEE1.20.0Yes (X)$0$0$0
CAROLINA SAMSING
TRUSTEE (STARTING 10/15)1.20.0Yes (X)$0$0$0
AMANDA STRONG
TRUSTEE1.20.0Yes (X)$0$0$0
MEAGHAN TOOTHAKER
TRUSTEE (STARTING 10/15)1.20.0Yes (X)$0$0$0
MARTHA D VORLICEK
TREASURER1.20.0Yes (X)$0$0$0Yes (X)
ROBERT E WEISSMAN
TRUSTEE1.20.0Yes (X)$0$0$0
JOSEPH WINN
TRUSTEE/CHAIR, BOARD OF TRUSTE1.21.2Yes (X)$0$0$0Yes (X)
GARY ZWERLING
TRUSTEE1.20.0Yes (X)$0$0$0
GORDON PRICHETT
PROVOST-INTERIM(STARTING 7/15)40.00.0$207,546$0$22,463Yes (X)
KATHERINE CRAVEN
CHIEF ADMIN OFFICER40.00.0$377,773$0$30,013Yes (X)
MARY ROSE
VP FOR CAMPUS & COMMUN AFFAIRS40.00.0$258,877$0$51,417Yes (X)
DIANA ZAIS
VP FOR DEVELOPMENT(SEE SCH O)40.00.0$212,264$0$51,503Yes (X)
CAROL HACKER
VP ALUMNI & FRIENDS(SEE SCH O)40.00.0$201,177$0$22,957Yes (X)
DONNA BONAPARTE
VP FOR HR (SEE SCH O)40.00.0$236,050$0$34,590Yes (X)
JONATHAN MOLL
VP GENERAL COUN/SECRETARY40.020.0$308,146$0$49,145Yes (X)
JANE EDMONDS
VP GOVERNANCE/CLERK(SEE SCH O)40.020.0$144,481$0$18,850Yes (X)
EDWARD CHIU
SR VP ADVNCMNT (STARTING 9/15)40.00.0$122,231$0$6,423Yes (X)
PHILLIP KNUTEL
CIO (SEE SCH O)40.00.0$244,116$0$51,618Yes (X)
MICHAEL LAYISH
CLERK (STARTING 5/16)20.00.0$170,117$0$36,540Yes (X)
MARNI ALLEN
ASST CLERK (STARTING 5/16)1.20.0$39,607$0$65Yes (X)
ELAINE EISENMAN
DEAN OF BABSON EXE. EDU.40.00.0$351,240$0$44,627Yes (X)
JAY A RAO
FACULTY40.00.0$464,827$0$43,845Yes (X)
ANDREW L ZACHARAKIS
PROFESSOR40.00.0$353,613$0$51,290Yes (X)
Anirudh Dhebar
PROFESSOR - MARKETING40.00.0$391,968$0$52,691Yes (X)
HEIDI NECK
PROFESSOR40.00.0$372,339$0$37,019Yes (X)
PATRICIA GREENE
PROFESSOR40.00.0$351,917$0$28,488Yes (X)
RANCH KIMBALL
FORMER COO0.00.0$177,500$0$0Yes (X)
ALFRED NANNI
FACULTY40.00.0$331,918$0$59,442Yes (X)
PHILIP SHAPIRO
FORMER VP FINANCE0.00.0$134,737$0$7,391Yes (X)
SHAHID ANSARI
CEO BABSON GLOBAL0.040.0$373,863$0$29,958Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$6,568,744TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$792,631TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K282IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CONNELLY PARTNERS LLC
46 WALTHAM STREETBOSTONMA02118ADVERTISING$3,041,047
CPSG PARTNERS LLC
5001 SPRING VALLEY ROAD 300 EASTDALLASTX75244SOFTWARE CONSULTANTS$501,405
SIGNATURE PRINTING CONSULTING
800 WEST CUMMINGS PARK SUITE 2900WOBURNMA01801PRINTING SERVICE$316,593
ENTREPRENEURSHIP POLICY ADVISORS LL
475 ARSENAL COURT SUITE JWATERTOWNMA02472CONSULTING$302,237
BIGELOW FLEMING LLC
14 NORFOLK AVENUESOUTH EASTONMA02375CONSTRUCTION MNGMT$253,472
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K24CntrctRcvdGreaterThan100KCnt
Fundraising$55,600FundraisingAmt
Government Grants$767,177GovernmentGrantsAmt
All Other Contributions$21,250,356AllOtherContributionsAmt
Noncash Contributions$389,774NoncashContributionsAmt
Total Contributions$22,073,133TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES900099$152,320,841$152,320,841
ROOM & BOARD900099$26,786,769$26,786,769
ED/NON-ED PROGRAM REVENUE900099$23,697,804$23,697,804
OTHER ED PROG/AUX ACT721000$369,716$369,716
FieldValueIRS element (for citing)
Total Program Service Revenue$203,175,130TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,117,828TotalRevenueColumnAmt
Unrelated Business Revenue-$69,133UnrelatedBusinessRevenueAmt
Exclusion$2,186,961ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$156,682TotalRevenueColumnAmt
Exclusion$156,682ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,727,882RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,727,882RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,727,882TotalRevenueColumnAmt
Exclusion$2,727,882ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$73,711,971SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$71,123,144SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,588,827SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,588,827TotalRevenueColumnAmt
Unrelated Business Revenue$80,502UnrelatedBusinessRevenueAmt
Exclusion$2,508,325ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$64,460FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$55,600ContriRptFundraisingEventAmt
Fundraising Direct Expenses$80,842FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$16,382TotalRevenueColumnAmt
Exclusion-$16,382ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$8,730GamingGrossIncomeAmt
Gaming Direct Expenses$23,754GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column-$15,024TotalRevenueColumnAmt
Exclusion-$15,024ExclusionAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$232,808,076TotalRevenueColumnAmt
Related Or Exempt Func Income$202,805,414RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$381,085UnrelatedBusinessRevenueAmt
Exclusion$7,548,444ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$280,000TotalAmt
Program Services$280,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$40,063,452TotalAmt
Program Services$40,063,452ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,197,585TotalAmt
Program Services$1,349,030ProgramServicesAmt
Management And General$3,159,918ManagementAndGeneralAmt
Fundraising$688,637FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$1,305,282TotalAmt
Program Services$1,305,282ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$83,368,039TotalAmt
Program Services$70,485,103ProgramServicesAmt
Management And General$10,561,657ManagementAndGeneralAmt
Fundraising$2,321,279FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,368,830TotalAmt
Program Services$5,384,649ProgramServicesAmt
Management And General$806,849ManagementAndGeneralAmt
Fundraising$177,332FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$9,323,026TotalAmt
Program Services$7,882,331ProgramServicesAmt
Management And General$1,181,107ManagementAndGeneralAmt
Fundraising$259,588FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,551,103TotalAmt
Program Services$4,693,286ProgramServicesAmt
Management And General$703,253ManagementAndGeneralAmt
Fundraising$154,564FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$395,177TotalAmt
Program Services$2,296ProgramServicesAmt
Management And General$392,881ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$359,901TotalAmt
Program Services$10,346ProgramServicesAmt
Management And General$349,555ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$322,492TotalAmt
Program Services$322,492ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,467,004TotalAmt
Program Services$582,308ProgramServicesAmt
Management And General$884,696ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,811,280TotalAmt
Program Services$3,716,113ProgramServicesAmt
Management And General$1,079,637ManagementAndGeneralAmt
Fundraising$15,530FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,537,985TotalAmt
Program Services$3,463,916ProgramServicesAmt
Management And General$803,981ManagementAndGeneralAmt
Fundraising$270,088FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,986,112TotalAmt
Program Services$7,364,019ProgramServicesAmt
Management And General$598,554ManagementAndGeneralAmt
Fundraising$23,539FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,393,541TotalAmt
Program Services$8,251,135ProgramServicesAmt
Management And General$108,652ManagementAndGeneralAmt
Fundraising$33,754FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,165,795TotalAmt
Program Services$4,920,230ProgramServicesAmt
Management And General$1,844,824ManagementAndGeneralAmt
Fundraising$400,741FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,198,591TotalAmt
Program Services$2,079,782ProgramServicesAmt
Management And General$103,173ManagementAndGeneralAmt
Fundraising$15,636FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,754,263TotalAmt
Program Services$5,754,263ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$11,807,380TotalAmt
Program Services$11,607,054ProgramServicesAmt
Management And General$152,843ManagementAndGeneralAmt
Fundraising$47,483FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD & BEVERAGE SERVICE$8,621,254$8,621,254
PROFESSIONAL CONSULTING$6,558,688$4,988,065$1,202,519$368,104
ROOM, CONF, & ADMIN$3,102,669$3,102,669
TAX$454,675$305,000$149,675

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,108,583TotalAmt
Program Services$2,294,132ProgramServicesAmt
Management And General$2,117,862ManagementAndGeneralAmt
Fundraising$696,589FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$230,502,707TotalAmt
Program Services$198,828,207ProgramServicesAmt
Management And General$26,201,636ManagementAndGeneralAmt
Fundraising$5,472,864FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$34,469,158BOYAmt
EOY$33,065,763EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,702,429BOYAmt
EOY$32,860,979EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,938,622BOYAmt
EOY$6,444,047EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,104,285BOYAmt
EOY$3,822,559EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,285,316BOYAmt
EOY$5,181,564EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$413,648,082LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$230,390,342LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$161,318,301BOYAmt
EOY$183,257,740EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$247,893,266BOYAmt
EOY$260,012,823EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$100,735,663BOYAmt
EOY$86,683,709EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,026,642BOYAmt
EOY$22,625,572EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$600,473,682BOYAmt
EOY$633,954,756EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$25,421,933BOYAmt
EOY$24,396,013EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,857,531BOYAmt
EOY$27,555,228EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$105,281,766BOYAmt
EOY$137,372,331EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$24,785,000BOYAmt
EOY$23,820,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,086,583BOYAmt
EOY$20,314,687EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$188,432,813BOYAmt
EOY$233,458,259EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$174,047,118BOYAmt
EOY$165,033,726EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$125,197,590BOYAmt
EOY$116,459,383EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$112,796,161BOYAmt
EOY$119,003,388EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$412,040,869BOYAmt
EOY$400,496,497EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$600,473,682BOYAmt
EOY$633,954,756EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,305,369ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$13,849,741NetUnrlzdGainsLossesInvstAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,033,031CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,275,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,810,199CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,512,072CurrentTaxYearMinus1YearAmt
Current Tax Year$22,073,133CurrentTaxYearAmt
Total$93,704,135TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,033,031CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,275,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,810,199CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,512,072CurrentTaxYearMinus1YearAmt
Current Tax Year$22,073,133CurrentTaxYearAmt
Total$93,704,135TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,935,625SubstantialContributorsTotAmt
Public Support Total170$78,768,510PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,798,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,347,086CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,838,469CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,274,065CurrentTaxYearMinus1YearAmt
Current Tax Year$5,071,525CurrentTaxYearAmt
Total$27,330,108TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$111,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,040,698CurrentTaxYearMinus1YearAmt
Total$1,151,906TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$50,750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$66,345CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,260CurrentTaxYearMinus2YearsAmt
Current Tax Year$73,190CurrentTaxYearAmt
Total$238,545TotalAmt
FieldValueIRS element (for citing)
Total Support$122,424,694TotalSupportAmt
Gross Receipts Rltd Activities$966,306,935GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64340PublicSupportCY170Pct
Public Support PY1700.65062PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE A, PART II, LINE 10FormAndLineReferenceDesc
ExplanationCOLUMNS (A),(B),(C),(E) - 2011, 2012, 2013, 2015: LINE 10 INCLUDES INCOME FROM FUNDRAISING AND GAMING ACTIVITIES.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$1OtherActivitiesAmt
Total Lobbying Expenditures$1TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationLOBBYING ACTIVITIES THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$348,628,929BeginningYearBalanceAmt
Contributions$17,401,454ContributionsAmt
Investment Earnings Or Losses-$7,624,128InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,577,169GrantsOrScholarshipsAmt
Other Expenditures$9,132,554OtherExpendituresAmt
End Year Balance$346,696,532EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$332,014,635BeginningYearBalanceAmt
Contributions$9,318,164ContributionsAmt
Investment Earnings Or Losses$17,977,769InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,464,963GrantsOrScholarshipsAmt
Other Expenditures$8,216,676OtherExpendituresAmt
End Year Balance$348,628,929EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$275,519,968BeginningYearBalanceAmt
Contributions$26,558,248ContributionsAmt
Investment Earnings Or Losses$39,608,164InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,223,083GrantsOrScholarshipsAmt
Other Expenditures$7,448,662OtherExpendituresAmt
End Year Balance$332,014,635EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$239,492,137BeginningYearBalanceAmt
Contributions$11,995,372ContributionsAmt
Investment Earnings Or Losses$33,419,630InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,173,736GrantsOrScholarshipsAmt
Other Expenditures$7,213,435OtherExpendituresAmt
End Year Balance$275,519,968EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,252,672BeginningYearBalanceAmt
Contributions$8,301,653ContributionsAmt
Investment Earnings Or Losses-$2,366,163InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,152,163GrantsOrScholarshipsAmt
Other Expenditures$7,543,862OtherExpendituresAmt
End Year Balance$239,492,137EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.43000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.32000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.25000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,600,545OtherCostOrOtherBasisAmt
Book Value$1,600,545BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$311,501,160OtherCostOrOtherBasisAmt
Depreciation$172,570,483DepreciationAmt
Book Value$138,930,677BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$47,482,612OtherCostOrOtherBasisAmt
Depreciation$37,520,748DepreciationAmt
Book Value$9,961,864BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,063,765OtherCostOrOtherBasisAmt
Depreciation$20,299,111DepreciationAmt
Book Value$32,764,654BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$183,257,740TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescALTERNATIVE INVESTMENTSDesc
Book Value$86,683,709BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$86,683,709TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LOANS$3,277,086
CONTRACTS$17,037,601
FieldValueIRS element (for citing)
Total Liability$20,314,687TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1AWORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS, WHICH ARE PRESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH, AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTION ITEMS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES.
SCHEDULE D, PART V, LINE 4BABSON COLLEGE'S ENDOWMENT CONSISTS OF OVER 250 INDIVIDUAL FUNDS WHICH HAVE BEEN ESTABLISHED OVER TIME FOR VARIOUS PURPOSES, INCLUDING SCHOLARSHIPS, CHAIRS AND PROFESSORSHIPS, FACILITIES, ATHLETICS, AND OTHER EDUCATIONAL SERVICES.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BABSON COLLEGE PROHIBITS DISCRIMINATING ON THE BASIS OF RACE, COLOR, NATIONALITY OR ETHNIC ORIGIN, RELIGION, SEX, LIFESTYLE, SEXUAL ORIENTATION PREFERENCE, AGE, HANDICAP, OR VETERAN STATUS. THIS POLICY IS PUBLISHED IN THE FACULTY AND STAFF HANDBOOK.
SCHEDULE E, PART I, LINE 6GOVERNMENT FINANCIAL AID BABSON COLLEGE RECEIVES FEDERAL AID TO ENHANCE SCHOLARSHIP AND WORK STUDY PROGRAMS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (23 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCnt
Central America and the CaribbeanProgram ServicesSTUDENT STUDY ABROAD$26,025
East Asia and the PacificProgram ServicesSTUDENT STUDY ABROAD$169,742
Europe (Including Iceland and Greenland)Program ServicesSTUDENT STUDY ABROAD$1,945,049
Russia and the Newly Independent StatesProgram ServicesSTUDENT STUDY ABROAD$127,200
South AmericaProgram ServicesSTUDENT STUDY ABROAD$41,044
South AsiaProgram ServicesSTUDENT STUDY ABROAD$95,400
Sub-Saharan AfricaProgram ServicesSTUDENT STUDY ABROAD$39,800
East Asia and the PacificProgram ServicesELECTIVE ABROAD$168,455
Europe (Including Iceland and Greenland)Program ServicesELECTIVE ABROAD$303,754
Russia and the Newly Independent StatesProgram ServicesELECTIVE ABROAD$52,670
South AmericaProgram ServicesELECTIVE ABROAD$219,655
Central America and the CaribbeanInvestments$43,821,457
East Asia and the PacificProgram ServicesEXECUTIVE EDUCATION$230,42310
North AmericaProgram ServicesEXECUTIVE EDUCATION$98,75310
Europe (Including Iceland and Greenland)Program ServicesEXECUTIVE EDUCATION$424,35821
South AsiaProgram ServicesEXECUTIVE EDUCATION$83,5874
South AmericaProgram ServicesEXECUTIVE EDUCATION$759,70522
Middle East and North AfricaProgram ServicesEXECUTIVE EDUCATION$209,79311
Middle East and North AfricaFundraisingDEVELOPMENT$198,460
Europe (Including Iceland and Greenland)FundraisingDEVELOPMENT$204,705
North AmericaFundraisingDEVELOPMENT$505
Middle East and North AfricaFundraisingDEVELOPMENT$30,500
East Asia and the PacificFundraisingDEVELOPMENT$10,000
FieldValueIRS element (for citing)
Subtotal Employees67SubtotalEmployeesCnt
Continutation Total Employee11ContinutationTotalEmployeeCnt
Total Employee78TotalEmployeeCnt
Subtotal Spent$48,607,077SubtotalSpentAmt
Continuation Spent$653,963ContinuationSpentAmt
Total Spent$49,261,040TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART I, LINE 3FormAndLineReferenceDesc
ExplanationALL THE NUMBERS ARE BASED ON THE AMOUNTS ASSOCIATED WITH THE ACTIVITY ON THE ORGANIZATION'S TRIAL BALANCE.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PRESIDENTS CUPEvent1Nm
Gross Receipts Event1$120,060GrossReceiptsEvent1Amt
Charitable Contri Event1$55,600CharitableContriEvent1Amt
Gross Revenue Event1$64,460GrossRevenueEvent1Amt
Rent Facility Costs Event1$74,474RentFacilityCostsEvent1Amt
Food And Beverage Event1$53FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$6,315OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$120,060GrossReceiptsTotalAmt
Charitable Contributions Tot$55,600CharitableContributionsTotAmt
Gross Revenue Total Events$64,460GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$74,474RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$53FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$6,315OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$80,842DirectExpenseSummaryEventsAmt
Net Income Summary-$16,382NetIncomeSummaryAmt

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1Txt
CityBABSON PARKCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02457ZIPCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BABSON GLOBAL INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1Txt
CityBABSON PARKCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02457ZIPCd
FieldValueIRS element (for citing)
Recipient EIN271642647RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$280,000CashGrantAmt
Purpose Of GrantSUPPORT COLLEGEPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeINSTITUTIONAL GRANTS/SCHOLARSHIPGrantTypeTxt
Recipient1416RecipientCnt
Cash Grant$40,063,452CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE I, PART I, LINE 2THE PROCEDURES FOR NEED-BASED AWARDS INCLUDE REVIEW AND RESOLUTION OF ALL FEDERAL-PROCESSOR-IDENTIFIED ELIGIBILITY CONFLICTS, AND 100% VERIFICATION OF REPORTED PARENT AND STUDENT INCOMES. FOR ALL FUNDS, THERE IS A SEPARATION OF THE AWARDING AND DISBURSEMENT FUNCTIONS (DIFFERENT INDIVIDUALS RESPONSIBLE FOR EACH), MONTHLY RECONCILIATIONS BETWEEN STUDENT ACCOUNTS AND THE COLLEGE'S GENERAL LEDGER, AND AN ANNUAL AUDIT IN ACCORDANCE WITH OMB CIRCULAR A-133.
SCHEDULE I, PART IIITHE CASH GRANT IS REFLECTED ON STUDENTS' ACCOUNTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (true)InitialContractExceptionInd
Rebuttable Presumption ProcYes (true)RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR KERRY HEALEY
TRUSTEE/PRESIDENT$602,297$0$0$0$116,703$0$29,430$0$32,866$0$781,296$0$0$0
GORDON PRICHETT
PROVOST-INTERIM(STARTING 7/15)$187,743$0$0$0$19,803$0$22,130$0$333$0$230,009$0$0$0
KATHERINE CRAVEN
CHIEF ADMIN OFFICER$341,902$0$17,500$0$18,371$0$29,430$0$583$0$407,786$0$0$0
MARY ROSE
VP FOR CAMPUS & COMMUN AFFAIRS$226,742$0$12,500$0$19,635$0$28,380$0$23,037$0$310,294$0$0$0
DIANA ZAIS
VP FOR DEVELOPMENT(SEE SCH O)$211,374$0$0$0$890$0$24,250$0$27,253$0$263,767$0$0$0
CAROL HACKER
VP ALUMNI & FRIENDS(SEE SCH O)$200,403$0$0$0$774$0$21,587$0$1,370$0$224,134$0$0$0
RANCH KIMBALL
FORMER COO$0$0$0$0$177,500$0$0$0$0$0$177,500$0$0$0
DONNA BONAPARTE
VP FOR HR (SEE SCH O)$227,713$0$6,884$0$1,453$0$25,580$0$9,010$0$270,640$0$0$0
JONATHAN MOLL
VP GENERAL COUN/SECRETARY$297,825$0$9,000$0$1,321$0$29,430$0$19,715$0$357,291$0$0$0
JANE EDMONDS
VP GOVERNANCE/CLERK(SEE SCH O)$143,903$0$0$0$578$0$15,107$0$3,743$0$163,331$0$0$0
ELAINE EISENMAN
DEAN OF BABSON EXE. EDU.$348,786$0$0$0$2,454$0$29,430$0$15,197$0$395,867$0$0$0
JAY A RAO
FACULTY$462,500$0$2,000$0$327$0$17,750$0$26,095$0$508,672$0$0$0
ALFRED NANNI
FACULTY$329,888$0$0$0$2,030$0$29,430$0$30,012$0$391,360$0$0$0
ANDREW L ZACHARAKIS
PROFESSOR$350,181$0$3,000$0$432$0$22,406$0$28,884$0$404,903$0$0$0
Anirudh Dhebar
PROFESSOR - MARKETING$390,867$0$0$0$1,101$0$20,286$0$32,405$0$444,659$0$0$0
HEIDI NECK
PROFESSOR$372,096$0$0$0$243$0$19,746$0$17,273$0$409,358$0$0$0
PATRICIA GREENE
PROFESSOR$350,381$0$0$0$1,536$0$26,878$0$1,610$0$380,405$0$0$0
PHILIP SHAPIRO
FORMER VP FINANCE$18,070$0$0$0$116,667$0$0$0$7,391$0$142,128$0$0$0
SHAHID ANSARI
CEO BABSON GLOBAL$333,152$0$20,000$0$20,711$0$29,430$0$528$0$403,821$0$0$0
PHILLIP KNUTEL
CIO (SEE SCH O)$225,740$0$0$0$18,376$0$19,498$0$32,120$0$295,734$0$0$0
MICHAEL LAYISH
CLERK (STARTING 5/16)$159,988$0$10,000$0$129$0$11,748$0$24,792$0$206,657$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1AFIRST-CLASS TRAVEL: COLLEGE POLICIES ALLOW THE PRESIDENT TO TRAVEL FIRST-CLASS UNDER CERTAIN CIRCUMSTANCES FOR BUSINESS PURPOSES. HOUSING ALLOWANCE AND PERSONAL SERVICES: THE PRESIDENT IS REQUIRED TO LIVE IN CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF BABSON COLLEGE. THE FAIR MARKET VALUE OF THE HOUSING AND ANY CLEANING SERVICES, IF PROVIDED, ASSOCIATED WITH THE PROPERTY ARE INCLUDED AS A NONTAXABLE BENEFIT. GROSS-UP PAYMENTS: IN CONNECTION WITH THE COLLEGE'S NONQUALIFIED 457(F) ARRANGEMENT WITH ITS PRESIDENT, THE COLLEGE MADE CERTAIN TAX PAYMENTS ON THE PRESIDENT'S BEHALF. THESE PAYMENTS ARE TREATED AS TAXABLE AND ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). HEALTH OR SOCIAL CLUB: THE PRESIDENT RECEIVED AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB FOR BUSINESS USE RELATED TO THE COLLEGE. SCHEDULE J, PART I, LINE 1B ALL OF THE ITEMS CHECKED ABOVE ARE INCLUDED AS PART OF THE INDIVIDUAL'S EMPLOYMENT CONTRACT AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SCHEDULE J, PART I, LINE 4A RANCH KIMBALL SEPARATED FROM THE ORGANIZATION IN 2014. IN CONNECTION WITH HIS SEPARATION, HE WAS ENTITLED TO TOTAL PAYMENTS OF $365,000 AND OUTPLACEMENT SERVICES. IN 2015 HE RECEIVED HIS FINAL PAYMENT OF $177,500 UNDER THIS AGREEMENT WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). PHILIP SHAPIRO SEPARATED FROM THE ORGANIZATION IN 2014. IN CONNECTION WITH HIS SEPARATION, HE RECEIVED 1 YEAR OF SEVERANCE COMPENSATION AND BENEFITS. THE AMOUNT PAID IN 2015 OF $116,667 IS INCLUDED IN SCHEDULE J, PART II, COLUMN B (III).
SCHEDULE J, PART I, LINE 4BEFFECTIVE JULY 1, 2013 THE COLLEGE ENTERED INTO A NON-QUALIFIED SECTION 457(F) ARRANGEMENT WITH ITS PRESIDENT. UNDER THE TERMS OF THE PLAN, THE PRESIDENT WILL RECEIVE A CREDIT TO HER ACCOUNT OF NO LESS THAN $52,500 FOR EACH PLAN YEAR SHE HOLDS THE TITLE OF THE PRESIDENT OF THE COLLEGE ON JUNE 30TH OF SUCH PLAN YEAR. AMOUNTS AWARDED UNDER THE PLAN ARE 100% VESTED AT THE TIME OF THE AWARD. $52,500 WAS CREDITED IN 2015 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN B (III).
SCHEDULE J, PART I, LINE 5ONE KEY EMPLOYEE HAS AN INCENTIVE PLAN BASED ON THE PERFORMANCE OF CERTAIN PROGRAMS AT THE COLLEGE.
SCHEDULE J, PART I, LINE 7FROM TIME TO TIME HIGHEST COMPENSATED EMPLOYEES MAY RECEIVE A NON-FIXED PAYMENT BONUS. ALL BONUSES ARE APPROVED BY THE PRESIDENT AND REVIEWED BY HUMAN RESOURCES.
SCHEDULE J, PART I, LINE 8DR. KERRY HEALEY IS UNDER HER INITIAL CONTRACT WITH BABSON COLLEGE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MA DEVELOPMENT FINANCE AGENCY (2007A)
A04343181457583RSC02007-10-04$21,336,830REFINANCE DEBT (1997A) FOR THE CONfalsefalsefalse
MA DEVELOPMENT FINANCE AGENCY (2008A)
B04343181457583RUW32008-04-17$36,475,000REFINANCE DEBT (2002A) FOR THE NEWfalsefalsefalse
MA DEVELOPMENT FINANCE AGENCY (2011A)
C04343181457583UGH52011-07-07$14,518,050REFINANCE DEBT (1998A)BLANK CENTERfalsefalsefalse
MA DEVELOPMENT FINANCE AGENCY (2013)
D0434318140000000002013-07-17$35,000,000NEW BUILDING, MISC PROJECTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$5,935,000$12,640,000$21,336,830$0$0$0$315,976$242,000$0$0$20,778,854$02007Yes (true)falseYes (true)Yes (true)
B$6,460,000$0$36,475,000$0$0$0$250,504$29,208$0$0$36,195,288$02008Yes (true)falseYes (true)Yes (true)
C$4,815,000$0$14,518,050$0$0$0$243,275$0$0$0$14,274,775$02011Yes (true)falseYes (true)Yes (true)
D$1,975,928$0$35,059,260$0$0$0$118,081$0$0$34,941,179$0$02014falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.006900.00690falsefalsefalseYes (true)
Bfalsefalsefalsefalse0.000000.00000falsefalsefalseYes (true)
Cfalsefalsefalsefalse0.000000.00000falsefalsefalseYes (true)
Dfalsefalsefalsefalse0.010700.01070falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeInd
0
AfalsefalseYes (true)Yes (true)falsefalsefalse0falseYes (true)
GOLDMAN SACHS
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)false0falseYes (true)25.false
0
CfalsefalseYes (true)Yes (true)falsefalsefalse0falseYes (true)
0
DfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE K, PART I, BOND ISSUES:FormAndLineReferenceDesc
ExplanationSCHEDULE K, PART I, COLUMN A, ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2007A) SCHEDULE K, PART I, COLUMN F, DESCRIPTION OF PURPOSE: REFINANCE DEBT(1997A) FOR THE CONSTRUCTION OF SORENSON & THE CHAPEL. SCHEDULE K, PART I, COLUMN A, ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2008A) SCHEDULE K, PART I, COLUMN F, DESCRIPTION OF PURPOSE: REFINANCE DEBT(2002A) FOR THE NEW ASTROTURF ATHLETIC FIELD AND ETC SCHEDULE K, PART I, COLUMN A, ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2011A) SCHEDULE K, PART I, COLUMN F, DESCRIPTION OF PURPOSE: REFINANCE DEBT(1998A) BLANK CENTER SCHEDULE K, PART I, COLUMN A, ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2013) SCHEDULE K, PART I, COLUMN F, DESCRIPTION OF PURPOSE: NEW BUILDING, MISC. PROJECT SCHEDULE K, PART II, COLUMN D: THE TOTAL PROCEEDS EXCEED THE ISSUE PRICE OF THE 2013 DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND SCHEDULE K, PART IV, LINE 2C, THE REBATE COMPUTATION DATES: MA DEVELOPMENT FIN AGENCY (2007A) - OCTOBER, 2014 MA DEVELOPMENT FIN AGENCY (2008A) - APRIL, 2015 MA DEVELOPEMNT FIN AGENCY (2011A) - JULY, 2014ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MA DEVELOPMENT FINANCE AGENCY (2015A)
A04343181457584XCC32015-08-05$26,750,183REFINANCE DEBT (2005A) AND (2007A)falsefalsefalse
MA DEVELOPMENT FINANCE AGENCY (2015B)
B0434318140000000002015-08-28$37,000,000RENO RESIDENCE HALLS NEW ATHLETICfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$26,750,183$0$0$13,503,019$312,136$0$0$0$12,935,028$0Yes (true)Yes (true)falseYes (true)
B$532,365$0$37,000,000$0$0$0$246,942$0$0$16,266,176$0$20,486,882falsefalsefalseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)false0.005000.00500falsefalsefalseYes (true)
Bfalsefalsefalsefalse0.000000.00000falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
JANICE BELL
SPOUSE OF FORMER PROVOST$458,663FACULTY WAGESfalse
DANIEL LAMERE
SON OF TRUSTEE$15,243COMPENSATIONfalse
GILBANE CONSTRUCTION
TRUSTEE IS OWNER$4,105,487CONSTRUCTION SERVICESfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV, BUSINESS TRANSACTION INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
Explanation(A) NAME OF PERSON: JANICE BELL (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SPOUSE OF THE FORMER PROVOST (C) AMOUNT OF TRANSACTION $458,663 (D) DESCRIPTION OF TRANSACTION: FACULTY WAGES PAID (E) SHARING OF ORGANIZATION REVENUES? - NO (A) NAME OF PERSON: DANIEL LAMERE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SON OF TRUSTEE (C) AMOUNT OF TRANSACTION $15,243 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? - NO (A) NAME OF PERSON: GILBANE CONSTRUCTION (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE IS OWNER (C)AMOUNT OF TRANSACTION: $4,105,487 (D)DESCRIPTION OF TRANSACTION: CONSTRUCTION SERVICES - TRANSACTION BETWEEN BABSON COLLEGE AND GILBANE CONSTRUCTION WAS REVIEWED USING NORMAL PROCUREMENT PROCEDURES. TRANSACTION WAS ARMS-LENGTH AND AT FAIR MARKET VALUE (E) SHARING OF ORGANIZATION REVENUES? - NOExplanationTxt

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution29ContributionCnt
Noncash Contributions Rpt F990$389,774NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. OF HI&LOW-DATEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, LINE 32BFormAndLineReferenceDesc
ExplanationBABSON UTILIZES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. COLUMN (B): BABSON USED THE NUMBER OF CONTRIBUTIONS RECEIVED FOR COLUMN (B).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1ORGANIZATION'S MISSION BABSON COLLEGE EDUCATES ENTREPRENEURIAL LEADERS WHO CREATE GREAT ECONOMIC AND SOCIAL VALUE EVERYWHERE. BABSON COLLEGE IS A GLOBAL LEADER IN MANAGEMENT EDUCATION WITH APPROXIMATELY 2100 UNDERGRADUATE AND 900 GRADUATE ENROLLMENT. OUR INNOVATIVE CURRICULA CHALLENGE STUDENTS TO THINK CREATIVELY AND ACROSS DISCIPLINARY BOUNDARIES. WE CULTIVATE THE WILLINGNESS TO TAKE AND MANAGE RISK, THE ABILITY TO ENERGIZE OTHERS TOWARD A GOAL, AND THE COURAGE TO ACT RESPONSIBLY. OUR STUDENTS UNDERSTAND THAT LEADERSHIP REQUIRES BOTH TECHNICAL KNOWLEDGE AND A SOPHISTICATED APPRECIATION OF INSTITUTIONS, SOCIETIES, CULTURES, AND THE SELF. THEY WELCOME THE CHALLENGE OF LEARNING CONTINUOUSLY AND TAKING RESPONSIBILITY FOR THEIR CAREERS. OUR STUDENTS WILL BE KEY CONTRIBUTORS IN ESTABLISHED ENTERPRISES AS WELL AS EMERGING VENTURES.
FORM 990, PART VI, SECTION A, LINE 1PURSUANT TO THE ORGANIZATION'S BYLAWS, THE BOARD OF TRUSTEES SHALL HAVE AN EXECUTIVE COMMITTEE WHICH SHALL CONSIST OF THE PRESIDENT OF THE CORPORATION, THE CHAIRPERSON OF THE BOARD OF TRUSTEES, THE VICE CHAIRPERSON(S) OF THE BOARD OF TRUSTEES, THE CHAIRPERSON-ELECT OF THE BOARD OF TRUSTEES AND SUCH OTHER TRUSTEES AS SHALL BE APPOINTED BY THE CHAIRPERSON OF THE BOARD OF TRUSTEES OF THE CORPORATION FOR TERMS OF ONE (1) YEAR, BUT ANY MEMBER MAY BE REAPPOINTED. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, SUBJECT TO SUCH LIMITATIONS AS MAY BE PRESCRIBED BY RESOLUTION OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERINTENDENCE AND ADMINISTRATION OF THE CURRENT MANAGEMENT OF THE AFFAIRS OF THE CORPORATION, AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD OF TRUSTEES WITH RESPECT THERETO INCLUDING THE POWER TO AUTHORIZE THE SEAL OF THE CORPORATION TO BE AFFIXED TO ALL PAPERS THAT MAY REQUIRE IT. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE JOHN JOHNSON AND ERIC JOHNSON HAVE A FAMILY REALTIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF TRUSTEES OF BABSON COLLEGE VOTED TO AMEND AND RESTATE THE BYLAWS IN JANUARY 2016. SIGNIFICANT CHANGES INCLUDED: REDUCTION IN THE NUMBER OF CORPORATE OFFICERS; INCREASE IN THE SERVICE TERM OF TRUSTEES; AND OTHER MINOR ADJUSTMENTS FOR ADMINISTRATIVE PURPOSES.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY MANAGEMENT AND PRICEWATERHOUSECOOPERS, LLP "PWC". THE FULL 990 RETURN, INCLUDING SCHEDULE B, IS THEN REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. THE FINAL FORM 990, WITH THE EXCEPTION OF SCHEDULE B, IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. SCHEDULE B IS AVAILABLE TO ANY MEMBER OF THE BOARD OF TRUSTEES UPON REQUEST. PWC SIGNS THE RETURN AS PAID PREPARER.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR ALL TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT OF COMPLIANCE. THEIR RESPONSE TO THE QUESTIONNAIRE IS REVIEWED BY MANAGEMENT. IN ADDITION, PAYROLL AND VENDOR FILES ARE REVIEWED FOR THE EXISTENCE OF TRANSACTIONS WITH RELATED PARTIES. IF A CONFLICT OCCURS, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM ANY MATTERS RELATING TO THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 14CURRENTLY THE COLLEGE HAS A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, BUT HAS NOT BEEN APPROVED BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE PRESIDENT, OFFICERS, AND KEY EMPLOYEES OF THE COLLEGE IS REVIEWED BY HUMAN RESOURCES AT LEAST ONCE A YEAR. THIS REVIEW INCLUDES COMPARING RELEVANT, INDEPENDENT MARKET COMPENSATION AND IS DOCUMENTED. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS PROVIDED APPROPRIATE INFORMATION INCLUDING A RECOMMENDATION FOR COMPENSATION (OR INCREASE IN COMPENSATION). ANY CHANGES TO COMPENSATION FOR THE PRESIDENT, OFFICERS AND KEY EMPLOYEES IS APPROVED BY THIS COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19BABSON COLLEGE'S FINANCIAL STATEMENTS CAN BE FOUND AT WWW.BABSON.EDU. BABSON DOES NOT MAKE AVAILABLE TO THE PUBLIC OUR CONFLICT OF INTEREST POLICY, OR OTHER GOVERNING DOCUMENTS.
FORM 990, PART VII, SECTION AGARY T. DICAMILLO RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL OF HIS COMPENSATION WAS FOR HIS SERVICES AS AN ADJUNCT LECTURER. MARLA M. CAPOZZI RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL OF HER COMPENSATION WAS FOR HER SERVICE AS AN ADJUNCT LECTURER. FORM 990, PART VII, SECTION A EFFECTIVE JANUARY 2016, BABSON COLLEGE AMENDED ITS BYLAWS TO RE-CLASSIFY CERTAIN POSITIONS (INDICATED WITH "SEE SCHEDULE O" NEXT TO THEIR TITLES). AS SUCH, THEY WILL NO LONGER BE CLASSIFIED AS "OFFICERS" GOING FORWARD. PLEASE SEE DISCLOSURE FOR PART VI, SECTION A, LINE 4 FOR A DESCRIPTION OF THE CHANGE IN BYLAWS. ALFRED NANNI AND SHAHID ANSARI ARE FORMER PROVOSTS OF BABSON COLLEGE.
FORM 990, PART XII, LINE 2CTHE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THE COMMITTEE REVIEWS AND APPROVES THE AUDITED FINANICAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BABSON GLOBAL INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1Txt
CityBABSON PARKCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02457ZIPCd
FieldValueIRS element (for citing)
EIN271642647EIN
Primary ActivitiesSUPPT ORGPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section509(A)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 11A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BABSON COLLEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER UNITRUST (2)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE LINCOLN STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesFUNDRAISINGPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTRUSTEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BABSON GLOBAL INC
B$280,000ACTUAL COST
BABSON GLOBAL INC
L$4,989,946COST PLUS OVERH
BABSON GLOBAL INC
NINCL IN ABOVE
BABSON GLOBAL INC
S$11,000,000ACTUAL COST

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