2017-05-12T08:48:54-05:00 2016-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2015-07-01 020222120 Colby-Sawyer College COLB 6035263000 541 Main Street New London NH 03257 Karen Bonewald Assistant Treasurer 6035263000 2017-05-05 1 Barbara J McGuan CPA P00219457 2077752387 2017-05-05 2015 2021-01-29 14:40:06Z Susan D Stuebner EdD 541 Main Street New London NH 03257 69729311 0 X www.colby-sawyer.edu X 1837 NH Institute of Higher Learning 22 22 1016 55 471047 0 4250139 5293539 64883623 59329589 946990 1032450 0 0 70080752 65655578 35584504 31752199 0 0 20622122 20459729 48592 95484 1052797 16126961 15773363 72382179 68080775 -2301427 -2425197 99219581 94337688 38049590 38078650 61169991 56259038 X Colby-Sawyer College is a private, independent, residential, undergraduate college offering educational programs based in the liberal arts and sciences and designed to prepare students for their professions and lives of ongoing learning. Faculty, staff and students strive for excellence in the College's engaged teaching and learning community to foster students' academic, intellectual, and personal growth. The College prepares students to thrive in, and make a positive impact upon, a dynamic, diverse, and interdependent world. Colby-Sawyer College was founded as an academy in 1837 and has been integrated in higher education since 1928. 0 0 50169095 31752199 44901189 Instruction provided a liberal arts, four-year private education to students and supported that effort with academic support services (library, tutoring, career development) and financial assistance through gifts, grants, endowment income, and college resources which assisted students in financing the cost of their attendance. 8083408 14428400 Auxiliary services provided food service and facilities to students as part of a residential institution; student services provided additional support for athletics, health and counseling, student activities, and student government. 58252503 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 149 0 1 1016 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Karen Bonewald 6035263000 541 Main Street New London NH 03257 Erik Edward Joh Trustee 2.00 X 0 0 0 Joan C Eliot Trustee 2.00 X 0 0 0 Karen C Eldred Past Executive Secretary 2.00 X X 0 0 0 Thomas C Csatari Chairman 2.00 X X 0 0 0 William E Gundy Trustee 2.00 X 0 0 0 William P Clough III Trustee 2.00 X 0 0 0 Christine B Ferraro Trustee 2.00 X 0 0 0 George Jamieson Trustee 2.00 X 0 0 0 Robin L Mead Vice Chair 2.00 X X 0 0 0 William S Reed Past Vice Chairman 2.00 X X 0 0 0 Susan C Hassett Trustee 2.00 X 0 0 0 Susan DeBevoise Wright Trustee 2.00 X 0 0 0 Aubrey K Thomas Past Trustee 2.00 X 0 0 0 Sally S Veitch Trustee 2.00 X 0 0 0 Peter F Volanakis Trustee 2.00 X 0 0 0 Pamela S Bright Trustee 2.00 X 0 0 0 Deborah L Coffin Trustee 2.00 X 0 0 0 John S Malanowski Trustee 2.00 X 0 0 0 Gretchen R Massey Trustee 2.00 X 0 0 0 Margaret V Mulley Trustee 2.00 X 0 0 0 Jonathan J Pappalardo Trustee 2.00 X 0 0 0 Anthony H Librot Trustee 2.00 X 0 0 0 Maria Cimpean Trustee 2.00 X 0 0 0 William T Hopwood Trustee 2.00 X 0 0 0 Thomas W Hoyt Trustee 2.00 X 0 0 0 Todd Emmons VP Finance/Treasurer 40.00 X 143798 0 22291 Douglas Atkins VP Administration 40.00 X 139704 0 17176 Thomas C Galligan Jr President 40.00 X 302242 0 40064 Deborah Taylor VP Academics 40.00 X 149605 0 23897 David Sauerwein VP Student Development 40.00 X 133767 0 28104 David Placey VP Enrollment 40.00 X 146639 0 17011 Regina Eckrich Professor 40.00 X 110198 0 14682 Elizabeth Crockford Professor 40.00 X 108873 0 14240 1234826 0 177465 15 0 1 0 Sodexo Services PO Box 81049 Woburn MA 018131049 Facilities/Dining Management 3372816 Milestone Engineering PO Box 2279 Concord NH 033022279 Engineering/Construction 520646 Holland Mark LLC 727 Atlantic Avenue 5th Fl Boston MA 02111 Marketing 429328 RC Brayshaw & Co Inc PO Box 5465 West Lebanon NH 03784 Marketing 259181 De Niro Corporation 5 Merrill Industrial Drive Hampton NH 03842 Construction 226604 8 264805 5028734 1792 5293539 Tuition and Fees 611710 43999912 43999912 Auxiliary Enterprises 713940 14428400 13957353 471047 Other Student Revenue 611710 901277 901277 59329589 1097074 1097074 4009109 4073733 -64624 -64624 -64624 65655578 58858542 471047 1032450 31752199 31752199 665275 665275 15339602 11933915 2798335 607352 513378 397238 105404 10736 2815071 2124668 632980 57423 1126403 833538 270337 22528 71291 71291 101868 101868 95484 95484 57624 57624 4270204 3891717 349778 28709 23526 23526 2235462 1654242 536511 44709 2078743 1538270 498898 41575 437627 240042 146667 50918 23775 2257 21518 691063 691063 2225539 1646899 534129 44511 223729 223729 Miscellaneous 1861181 1582225 243984 34972 Other Student Services 1037543 306339 717324 13880 Sports 325428 325428 Credit Card Fees 108760 108760 68080775 58252503 8775475 1052797 X 29536 19949 1645718 962944 2591741 2464705 141645 1167552 572342 557621 920240 763007 86038344 35479376 51767361 50558968 38276474 34841771 3274524 3001171 99219581 94337688 3569467 3624858 1979420 2095574 25410250 24692830 4953510 5548104 2136943 2117284 38049590 38078650 X 18326154 15980499 17936994 14639392 24906843 25639147 61169991 56259038 99219581 94337688 X -2425197 -2595953 110197 X 0 1 X 1 1 1 X 5643701 4725060 4669920 4250139 5293539 24582359 5643701 4725060 4669920 4250139 5293539 24582359 1869884 22712475 727520 593751 806565 874980 1097074 4099890 28682249 310625857 0.79190 0.78830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 Part II-B, Line 1: Colby-Sawyer College belongs to member organizations which may engage in lobbying activities. An unknown amount of such dues paid may pertain to lobbying activities. 42050 X 0 38417755 1846898 -1368307 2941464 35954882 38878181 658314 979408 2098148 38417755 32328000 1713323 6522194 1685336 38878181 29007566 345517 4532184 1557267 32328000 29566850 1536852 -885940 1210196 29007566 0.15550 0.68380 0.16070 0 0 2144425 2144425 62214742 35479376 26735366 15698115 15698115 5981062 5981062 50558968 U.S. Government Loan Advances 500257 Post-Retirement Benefits Liability 1036180 Annuity Obligations 580847 2117284 31253300 -2595953 -2595953 33849253 57624 31748701 31806325 65655578 36164253 -106699 -106699 36270952 57624 31752199 31809823 68080775 Part V, Line 4: The College's endowment consists of approximately 160 individual funds established for a variety of purposes. Approximately 60% of the endowment is restricted for scholarships. Other purposes include: endowed faculty chairs, building maintenance, faculty and staff development and student awards. The College's endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. Part XI, Line 4b - Other Adjustments: Scholarships and Other Expenses 31,752,199. Adjustment of Present Value Liability -3,498. Part XII, Line 2d - Other Adjustments: Change in Value of Life Income Funds -106,699. Part XII, Line 4b - Other Adjustments: Scholarships and Other Expenses 31,752,199. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscrimination policy is published in the college catalogue, student handbook, and all recruiting documents. Schedule E, Part I, Line 6 Colby-Sawyer College receives loans and other government grant money. Europe (Including Iceland & Greenland) - 0 0 Investments 4871160 0 0 0 0 0 0 4871160 0 4871160 0 0 1 0 0 0 X X X X X X X 1 Ruffalo Noel Levitz 1025 Kirkwood Parkway SW Cedar Rapids IA 52402 Solicitation and Consulting for Fundraising 0 0 70054 -70054 Marts and Lundy 1200 Wall St W Lyndhurst NJ 07071 Solicitation and Consulting for Fundraising 0 0 25430 -25430 95484 -95484 1 Federal SEOG Grant 257 0 592050 FMV Financial Aid disbursed directly to student account Consortium Grants 25 0 898590 FMV Financial Aid disbursed directly to student account CSC Grant 807 0 6460781 FMV Financial Aid disbursed directly to student account CSC Housing Grant 32 0 215275 FMV Financial Aid disbursed directly to student account CSC Scholarship 1089 0 21826239 FMV Financial Aid disbursed directly to student account Endowed Scholarships 228 0 1514323 FMV Financial Aid disbursed directly to student account Restricted Scholarships 68 0 244941 FMV Financial Aid disbursed directly to student account Part I, Line 2: All assistance is in the form of grants and scholarships. These funds are applied directly to the student's account. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Todd Emmons VP Finance/Treasurer 143798 0 0 0 0 0 5752 0 16539 0 166089 0 0 0 Douglas Atkins VP Administration 139704 0 0 0 0 0 5588 0 11588 0 156880 0 0 0 Thomas C Galligan Jr President 302242 0 0 0 0 0 12090 0 27974 0 342306 0 0 0 Deborah Taylor VP Academics 149605 0 0 0 0 0 5984 0 17913 0 173502 0 0 0 David Sauerwein VP Student Development 133767 0 0 0 0 0 5351 0 22753 0 161871 0 0 0 David Placey VP Enrollment 146639 0 0 0 0 0 5866 0 11145 0 163650 0 0 0 Part I, Line 1a The College provides a housing allowance for Thomas Galligan, the President of the Organization, as it is required that he lives on campus as a part of his employment. Additionally, the College provides gross-up payments for moving expenses to cover the FICA and Medicare taxes for relocating employees. A New Hampshire Health and Education Facilities Authority 020279866 2012-06-13 27000000 Refinancing of Previous Bonds & Capital Improvements 0 0 0 A 1984858 27000000 371899 26628101 2012 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 Form 990, Part VI, Section B, line 11 Management, officers, and trustees review the prepared Form 990 as part of the audit committee and the full board meetings prior to the filing. Form 990, Part VI, Section B, line 12c All trustees submit a conflict of interest questionnaire annually. The questionnaires are reviewed by the secretary of the College and the College treasurer. Any conflicts would be referred to the audit committee, a permanent standing committee of the board of trustees, for review and any necessary action would be taken. Form 990, Part VI, Section B, line 15 Compensation at Colby-Sawyer is under the review of Finance and Enrollment, a permanent standing committee of the board of trustees. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public through the Organization's website, upon request and through the employee handbook. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: Colby Sawyer College 541 Main Street, New London, NH 03257 EIN 02-0222120 Colby Sawyer College is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Life Income Funds 106,699. Adjustment of Present Value Liability 3,498. Charles J Lawson Charitable Remainder Unitrust State Street Global Advisors One Li Boston MA 02110 Charitable Remainder Unitrust MA Colby Sawyer College T 55983 1.00000 1 Joan H Lena Charitable Remainder Trust Heald Financial Consulting 20 Willi Wellesley MA 02481 Charitable Remainder Unitrust MA N/A T 23636 0.50000 0 Robert E Mulholland 2013 Charitable Remainder Unitrust 400 Park Avenue New York NY 10022 Charitable Remainder Unitrust NY Colby Sawyer College T 399001 1.00000 1 The Richard N Thielen Charitable Remainder Unitrust RINET 101 Federal Street 14th Floor Boston MA 02110 Charitable Remainder Unitrust MA Colby Sawyer College T 802476 1.00000 1 Patricia A Thornton Charitable Remainder Unitrust US Trust 100 Federal Street Boston MA 02110 Charitable Remainder Unitrust MA Colby Sawyer College T 401448 1.00000 1 The Mary Scheu Teach Charitable Remainder Annuity Trust Winthrop Financial 111 Genese Stree Buffalo NY 14203 Charitable Remainder Unitrust NY Colby Sawyer College T 98679 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0