2017-05-15T16:45:24-07:00 2016-06-30 990 2015-07-01 150543659 CLARKSON UNIVERSITY CLAR 3152682089 8 Clarkson Avenue Box 5546 Potsdam NY 136995546 James Fish Chief Financial Officer 3152686689 2017-05-15 2015 2021-01-29 14:40:06Z Anthony G Collins 8 Clarkson Avenue Box 5500 Potsdam NY 13699 254320637 0 X www.clarkson.edu X 1896 NY Provide education for undergraduate, graduate and professional continuing education programs, and to engage in high quality research and scholarship. 35 35 2555 1224 132833 46687 32800814 29779714 175217653 188490096 20652188 9646574 2934064 3486985 231604719 231403369 87507381 92167156 0 0 76368616 82015300 0 0 3527637 49690207 51225389 213566204 225407845 18038515 5995524 389843067 391499344 112591745 120281195 277251322 271218149 X Clarkson University is an independent, nationally recognized technological university whose faculty of teacher-scholars aspires to offer superior instruction and engage in high-quality research and scholarship in engineering, business, science, health, and liberal arts. Please see schedule O for continuation of our Mission. 1 0 195694227 91675635 161384639 Higher Education: Provide instruction, research, public service, campus support, etc. for undergraduate and graduate students. (4,082 FTE students) U.S. News & World Report's 2016 rankings of "Best Colleges" again placed Clarkson University in tier one, the top tier of national universities, with a ranking of 115. Clarkson is also on the "Great Schools at Great Prices" list (Best Value Schools), which takes into account a school's academic quality, as indicated by its 2016 U.S. News Best Colleges ranking, and the 2014-2015 net cost of attendance for a student who receives the average level of need-based financial aid. Clarkson University was again named one of the country's best institutions for undergraduate education, according to The Princeton Review of 2016. Clarkson was also named one of the Best Northeastern Colleges by Princeton Review, which identified some of the colleges and universities that they consider "academically outstanding and well worth consideration in your college search". Clarkson was again featured in the latest edition of Best Graduate Schools by U.S. News Media Group. Highlights of the rankings were published in the U.S. News Best Graduate Schools 2017 Guidebook. Money magazine named Clarkson to the top 10 percent of its list of "736 schools that provide the best value for your tuition dollar". 11245224 491521 29543911 Extracurricular programs, general/other auxiliary enterprises such as housing, dining, and recreational services for its students. (3,726 FTE students) 0 0 440626 Conferences & Workshops 0 0 0 206939451 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 0 1 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 325 0 1 2555 1 1 1 0 0 0 0 0 0 0 0 0 X 35 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X Christopher Alger 3152687258 8 Clarkson Ave Box 5546 Potsdam NY 136665546 CAROLYN A BRANDSEMA Trustee 1 0 X 0 0 0 ROBERT A CAMPBELL Trustee 2 0 X 0 0 0 AMY E CASTRONOVA Trustee 1 0 X 0 0 0 BAYARD D CLARKSON JR Trustee 1 0 X 0 0 0 BAYARD D CLARKSON SR Trustee 1 1 X 0 0 0 CHARLES R CRAIG Trustee 2 1 X 0 0 0 JASON R CURRIE Trustee 1 0 X 0 0 0 KAREL K CZANDERNA Trustee 1 0 X 0 0 0 LAWRENCE J DELANEY Trustee 1 0 X 0 0 0 MARK DZWONCZYK Trustee 1 0 X 0 0 0 JUDITH J FOSTER Trustee 1 0 X 0 0 0 ROBERT K GOLDMAN Trustee 1 0 X 0 0 0 RICHARD R GRIFFITH Trustee 2 0 X 0 0 0 WILLIAM F HELMER Trustee 1 0 X 0 0 0 DIANNA JONES HERRMANN Trustee 1 0 X 0 0 0 MICHAEL E JESANIS Trustee 1 0 X 0 0 0 THOMAS L KASSOUF Trustee 1 0 X 0 0 0 EARL R LEWIS Trustee 1 0 X 0 0 0 CARL B MACK Trustee 1 0 X 0 0 0 JODY A MARKOPOULOS Trustee 1 0 X 0 0 0 TIMOTHY P PETTEE Trustee 2 0 X 0 0 0 JAMES W RANSOM Trustee 1 0 X 0 0 0 NANCY D REYDA Trustee 2 0 X 0 0 0 STEPHEN D RYAN Trustee 2 0 X 0 0 0 RAYMOND L SKOWYRA JR Trustee 1 0 X 0 0 0 JEAN E SPENCE Trustee 2 0 X 0 0 0 JAMES F WOOD Trustee 1 0 X 0 0 0 MARY KAY WOODS Trustee 1 0 X 0 0 0 ROBERT R ZIEK JR Trustee 2 2 X 0 0 0 KAITLIN P MONTE Trustee 1 0 X 0 0 0 THOMAS L BURNS Trustee 1 0 X 0 0 0 DANIEL HEINTZELMAN Trustee 1 0 X 0 0 0 LISA NAPOLIONE Trustee 1 0 X 0 0 0 WALT L ROBB Trustee 1 0 X 0 0 0 FRANK R SCHMELER Trustee 1 0 X 0 0 0 ANTHONY G COLLINS President 50 1 X 1686597 0 309746 JAMES D FISH Chief Financial Officer 50 2 X 190313 0 29243 KELLY O CHEZUM Vice President for External Relations 50 1 X 165659 0 38866 TIMOTHY SUGRUE CEO of Beacon Institute 0 40 X 297357 0 31293 IAN HAZEN Director of Facilities and Services 40 0 X 142377 0 20924 DAYLE SMITH Dean of the School of Business 40 0 X 304092 0 19673 CHARLES THORPE Sr Vice President and Provost 40 0 X 327915 0 39655 PETER TURNER Dean of Arts and Sciences 40 0 X 185851 0 34612 BRIAN GRANT Vice President for Enrollment & Student Advancement 40 0 X 143325 0 18313 WILLIAM JEMISON Dean of the School of Engineering 40 0 X 215406 0 42466 PATRICK ROCHE Vice President for Development & Alumni Relations 40 0 X 322132 0 22278 BABU SURYADEVARA Professor of Chemical & Biomolecular Engineering 40 0 X 277895 0 37018 JAMES S BONNER Chief Research Officer 40 0 X 251777 0 28106 MICHAEL WALSH JR Associate VP of Graduate Business Development 0 40 X 206523 0 28338 FARZAD MAHMOODI Prof./Director of Supply Chain Mgmt 40 0 X 267288 0 46767 CASEY JONES Head Hockey Coach 40 0 X 248193 0 47558 GOODARZ AHMADI Dean of Engineering 40 0 X 196114 0 25674 5428814 0 820530 130 1 1 0 Trane Company 15 Technology Place East Syracuse NY 13057 Construction 4733781 Con Tech Building Systems Inc 4524 State Highway 58 Gouverneur NY 13642 Construction 1762920 Royall & Company 1920 East Parham Road Richmond VA 23228 Consulting 887159 Hyde Stone Mechanical Contractors Inc 29 Hatch Road Potsdam NY 13676 Construction 841512 Perras Construction Services Inc 1909 State Highway 420 Massena NY 13662 Construction 734367 34 0 0 0 0 12319058 17460656 1395649 29779714 Tuition & Fees 611310 158456966 158456966 0 0 Auxiliary Enterprises - Room 721000 18391015 18391015 0 0 Auxiliary Enterprises - Board 722320 10991124 10991124 0 0 Auxiliary Enterprises - Other 900099 161772 161772 0 0 Conference & Workshops 611310 440626 440626 0 0 48593 0 0 48593 188490096 1458691 0 63509 1395182 0 0 0 0 18332 0 0 18332 0 0 0 0 0 0 0 0 0 0 29603427 1501724 21077041 1840227 8526386 -338503 8187883 0 0 8187883 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Program Registration Fees 611310 146980 146980 0 0 Athletic Revenue 711210 444630 0 0 444630 Space Rental 532000 201796 201796 0 0 2675247 2530304 69324 75619 3468653 231403369 191320583 132833 10170239 96700 96700 90636481 90636481 1433975 1433975 0 0 4732353 1900980 2831373 0 0 0 0 0 57317345 52175850 3240344 1901151 3948067 3333636 470633 143798 12111187 10237877 1431696 441614 3906348 3298410 465660 142278 0 0 0 0 393154 47133 346021 0 213533 11972 201561 0 20053 20053 0 0 0 0 587639 587639 0 0 2385261 1543911 805007 36343 1189964 1121127 64219 4618 0 0 0 0 0 0 0 0 0 0 0 0 3939990 3573936 366054 0 3259176 2707073 371451 180652 0 0 0 0 0 0 0 0 3131426 2979761 151665 0 0 0 0 0 9050213 8267076 503063 280074 750232 83738 666494 0 Supplies 8066471 7388434 651837 26200 Food Service 6352810 6164538 174861 13411 Research Sub-Contracts 1102915 1102915 0 0 Equipment Rentals/External Maintenance 3007746 2413830 593636 280 7774806 5812406 1605182 357218 225407845 206939451 14940757 3527637 0 0 6404548 12418026 4004875 2475782 9850712 6308661 0 0 0 0 0 0 258529 240105 1841322 1828365 322990910 130082736 185747115 192908174 57007981 46605057 114213143 118181728 9862165 9900008 0 0 652677 633438 389843067 391499344 4618228 6186666 0 0 8435331 8021226 60686555 64668696 1339256 1494365 0 0 1999840 1980504 0 0 35512535 37929738 112591745 120281195 X 121413445 116120110 36924515 31832795 118913362 123265244 277251322 271218149 389843067 391499344 X 5995524 -15943254 0 0 0 3914557 X 0 1 X 1 1 1 X 29792131 27294453 35639508 32800814 29779714 155306620 0 0 0 0 0 0 0 0 0 0 0 0 29792131 27294453 35639508 32800814 29779714 155306620 4311705 150994915 3554642 3476785 2815882 2788590 1477023 14112922 0 3986 7323 0 0 11309 2872642 2834732 3225036 2852135 3399329 15183874 184614725 827036390 0.81789 0.83327 X Schedule A, Part II, Line 10 Other income includes Program Registration Fees, Athletic Revenue, Space Rental, Global Business Program Revenue and all other Miscellaneous Revenue. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 12653 1 7400 0 0 20053 0 Schedule C, Part II-B, Line 1 The University, through the Association of Governing Boards, contacts the Board of Trustees periodically to urge them to contact their legislators regarding funding support issues such as New York State (NYS) Bundy Aid and the NYS Tuition Assistance Program. Alumni are also periodically encouraged to contact their state and federal representatives. The President, Chief Financial Officer and Government Relations Officer sign official communications including lobbying appeals. The University's governmental relations office has a part time Director and a part time secretary. The office is principally responsible for monitoring government action at the local, state and federal levels, reporting significant actions which impact the University to appropriate offices, and where appropriate, to lobbying legislative and executive bodies. The vast majority of lobbying communications and direct contact with legislators or legislative staff members emanates from this office. The University conveyed their position on various state and federal issues, as well as miscellaneous economic development, energy and environmental issues. 0 1 X 186140355 6272274 -6962416 7634292 716640 0 177099281 192917861 4944745 -3839510 7337438 545303 0 186140355 169437868 5157143 26173566 7249957 600759 0 192917861 158340916 4317373 14346087 6952797 613711 0 169437868 165144074 3759893 -3019421 6904183 639447 0 158340916 0.2376 0.6742 0.0882 0 0 16000 9065537 9081537 0 245987005 99555779 146431226 0 0 0 0 0 39398923 30526957 8871966 0 28523445 0 28523445 192908174 0 2486695 F Hedge Funds 48619141 F Private Equity 7356682 F Venture Capital 4876144 F Real Assets 16265011 F International Equity 38578055 F 118181728 0 Federal & Other Loan Programs 7949026 Conditional Asset Retirement Obligation 4930685 Post Retirement Benefit 18732630 Present Value of Annuity Payments 4068267 Loan Pledge Liability 149578 Miscellaneous 2099552 37929738 X 220515630 -15943254 0 0 5910386 -10032868 230548498 587639 267232 854871 231403369 226548804 0 0 0 1584728 1584728 224964076 587639 -143870 443769 225407845 Schedule D, Part IV, Line 2b The University assists the Student Association by providing custodian support for their receipts and disbursements. Also, the University is the fiduciary of a perpetuity trust. Schedule D, Part V, Line 4 The intended uses of the University's endowment fund is to support the University's students directly through financial aid as well as indirectly through support of operation costs and research endeavors. Schedule D, Part X, Line 2 The consolidated financial statements include the University and Beacon, which are generally exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Through the acquisition of Union Graduate College in Schenectady, New York, the University established the Clarkson University Capital Region Campus (CRC) on February 1, 2016. Weston is a taxable subsidiary of the University. The income tax attributable to Weston is reflected in these consolidated financial statements but is not material. The University recognizes the effect of income tax positions only if those positions are more likely than not of being sustained by a taxing authority and believes it has taken no significant uncertain tax positions. Schedule D, Part XI, Line 2d Related Entity revenue $1,393,325. Change to post-retirement benefits ($3,897,724). Inherent contribution received through acquisition $8,414,785. Schedule D, Part XI, Line 4b Interest on student loans $44,007. Change in Annuity and Life Income Funds $212,965. Change in value of split-interest agreements ($33,010). Related Entity revenue $43,270. Schedule D, Part XII, Line 2d Related Entity expense $1,584,728. Schedule D, Part XII, Line 4b Interest on student loans $44,007. Change in Annuity and Life Income Funds $212,965. Change in value of split-interest agreements ($400,842). 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 University publicizes its racially nondiscrimination policy within all job announcements and publications, as well as all other public announcements and publications. This policy can also be found on the University's website. Schedule E, Part I, Line 6 The University receives federal, state and local funds for student financial assistance and for research and development awards. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking 745660 East Asia and the Pacific 0 0 Grantmaking 381271 Europe (including Iceland and Greenland) 0 0 Program Services Global Business Program 100617 East Asia and the Pacific 0 0 Program Services Global Business Program 69265 Sub-Saharan Africa 0 0 Program Services Global Business Program 39539 Europe (including Iceland and Greenland) 0 0 Program Services Research 86997 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Research 66431 Central America and the Caribbean 0 0 Program Services Research 51025 0 0 1540805 North America (including Canada and Mexico, but not the United States) Research 39076 Check 0 Europe (including Iceland and Greenland) Research 37400 Wire Transfer 0 Central America and the Caribbean Research 23873 Check 0 Central America and the Caribbean Research 15000 Wire Transfer 0 0 3 Scholarship Europe (including Iceland and Greenland) 48 745660 Credit on Students Account 0 Scholarship East Asia and the Pacific 28 381271 Credit on Students Account 0 Provide housing and travel for Global Business Program Students Europe (including Iceland and Greenland) 35 86727 Wire Transfer 0 Provide housing and travel for Global Business Program Students Sub-Saharan Africa 13 31319 Wire Transfer 0 Provide housing and travel for Global Business Program Students East Asia and the Pacific 50 17360 Wire Transfer 0 Provide housing and travel for Global Business Program Students East Asia and the Pacific 50 17360 Check 0 Provide housing and travel for Global Business Program Students East Asia and the Pacific 50 11529 Credit Card 0 Participant Support North America (including Canada and Mexico, but not the United States) 1 15000 Wire Transfer 0 Participant Support Europe (including Iceland and Greenland) 2 12400 Wire Transfer 0 1 0 1 1 1 1 Schedule F, Part I, Line 2 The University monitors the use of grant funds for research sub-awards outside the United States by requiring technical reports which are reviewed and approved by the University before submitting payment. We also have a comprehensive monitoring process by which all sub-recipients are evaluated prior to obtaining an award. Research expenditures for this program are for undergraduates, these are pre-approved by the funding agency and technical reports are submitted upon completion of trip for review and approval. All University expenditure guidelines are followed before payments are disbursed for program expenditures. Grant funds are verified in the student financial aid process according to the University procedures and distributed as credits to student receivable accounts at the University. Schedule F, Part I, Line 3 The University utilizes the accrual method of accounting. 1 R&B Engineered Products LLC 327 Stowe Road Ogdensburg NY 13669 812531920 5700 0 Start up funding Agbotic Inc PO Box 706 Potsdam NY 13676 464991502 25000 0 Start up funding Parker Maple Farm LLC 2591 County Route 21 Canton NY 13617 462831287 26000 0 Start up funding Village of Potsdam PO Box 5168 Potsdam NY 13676 156001369 Local Government 34000 0 Donation Town of Potsdam 35 Market Street Potsdam NY 13676 156001107 Local Government 6000 0 Donation 2 3 Summer Awards 6 32215 0 Clarkson Honararies 61 1647319 0 Clarkson Veteran Scholarship 4 15111 0 Endowed/Sponsored/Government 1138 1839288 0 Fellowship - Tuition 18 333146 0 Graduate Assistant 2 728 0 Grant in Aid 49 2040952 0 Graduate Scholarships 468 3228931 0 Partial Tuition 190 570664 0 Research Assistant - Tuition Remission 188 1835684 0 Resident Advisors - Allowance 65 558392 0 Room, Board and Maintenance 64 221571 0 Supplemental Financial Aid Summer 17 123285 0 Supplemental Trustee Scholarship 63 2237571 0 Teaching Assistant Scholarship 125 3201619 0 Trustee Scholarship 3000 72750005 0 Schedule I, Part I, Line 2 The University provides funding to faculty and students for research and other projects. Expenses must be substantiated under the Accountability Plan to ensure proper use of funds. Students must meet the requirements specified in the respective award program in order to receive the award. The requirements include criteria such as financial need, obtaining/maintaining the required grade point average and studying in a certain academic discipline, etc. If the scholarship is ongoing, the student must continue to meet the scholarship requirements in order to be awarded a scholarship in subsequent years. Financial need, grade point averages and other scholarship criteria are continually monitored to determine whether the student meets the criteria. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 ANTHONY G COLLINS President 496770 0 250000 0 939827 0 275361 0 34385 0 1996343 0 695000 0 JAMES D FISH Chief Financial Officer 189010 0 0 0 1303 0 18421 0 10822 0 219556 0 0 0 KELLY O CHEZUM Vice President for External Relations 165623 0 0 0 36 0 16362 0 22504 0 204525 0 0 0 TIMOTHY SUGRUE CEO of Beacon Institute 296399 0 0 0 958 0 24108 0 7185 0 328650 0 0 0 IAN HAZEN Director of Facilities and Services 142353 0 0 0 24 0 13752 0 7172 0 163301 0 0 0 DAYLE SMITH Dean of the School of Business 304037 0 0 0 55 0 2758 0 16915 0 323765 0 0 0 CHARLES THORPE Sr Vice President and Provost 327385 0 0 0 529 0 25440 0 14215 0 367569 0 0 0 PETER TURNER Dean of Arts and Sciences 185546 0 0 0 305 0 18141 0 16471 0 220463 0 0 0 BRIAN GRANT Vice President for Enrollment & Student Advancement 143289 0 0 0 36 0 13846 0 4467 0 161638 0 0 0 WILLIAM JEMISON Dean of the School of Engineering 214751 0 0 0 656 0 20262 0 22203 0 257872 0 0 0 PATRICK ROCHE Vice President for Development & Alumni Relations 322120 0 0 0 12 0 0 0 22278 0 344410 0 0 0 BABU SURYADEVARA Professor of Chemical & Biomolecular Engineering 277401 0 0 0 494 0 20803 0 16215 0 314913 0 0 0 JAMES S BONNER Chief Research Officer 251619 0 0 0 158 0 18500 0 9606 0 279883 0 0 0 MICHAEL WALSH JR Associate VP of Graduate Business Development 164059 0 0 0 42464 0 14123 0 14215 0 234861 0 0 0 FARZAD MAHMOODI Prof./Director of Supply Chain Mgmt 267233 0 0 0 55 0 22364 0 24404 0 314056 0 0 0 CASEY JONES Head Hockey Coach 242915 0 0 0 5278 0 23155 0 24403 0 295751 0 0 0 GOODARZ AHMADI Dean of Engineering 195619 0 0 0 495 0 18128 0 7546 0 221788 0 0 0 Schedule J, Part I, Line 1a Travel for companions and gross up payments were provided to an officer of the University. These benefits were provided as taxable compensation. The non-taxable benefit is included in Part II, Column D. A personal residence was provided to the President as a mandatory condition of employment and was not taxable based on section 119 of IRC. Schedule J, Part I, Line 4 The President participates in a non qualified deferred compensation retirement plan. The plan was created during 2010 with the approval of the Executive Committee, an independent and disinterested party, in order to align the President's total compensation with comparable universities and to ensure the President's long-term employment with Clarkson University. The current year distribution from the plan was $862,500, plus accrued interest, for a total of $938,665. This distribution included $695,000 of prior year contributions, which have been previously reported on Form 990 over the past four years. The current year contribution to the plan amounted to $250,000. Schedule J, Part I, Line 7 The Executive Committee may, at its discretion, award the President a performance award each year in connection with an evaluation of his performance. The evaluation is based upon his accomplishments against goals and objectives during the year. A St Lawrence County Industrial Dev Agency Series 2003 160991238 791097DU9 2003-04-01 6137145 Dormatory renovation, refund prior issue 11/6/1990 and Construction 0 0 0 B St Lawrence County Industrial Dev Agency Series 2007 160991238 791097EKO 2007-03-14 26216868 Refund prior issue 6/15/1999 & 8/1/2001, purchase equipment 0 0 0 C St Lawrence County Industrial Dev Agency Series 2011 272614310 791078AG3 2011-07-28 14754334 Dormatory & Lab Renovations 0 0 0 D St Lawrence County Industrial Dev Agency Series 2012A 272614310 791078AK4 2012-05-21 19060719 Refund 2009 issue and renovate Dormitory 0 0 0 A 3162145 0 6137145 410118 0 0 122742 0 0 3604285 2000000 0 2003 1 0 1 1 B 4464234 0 26216868 1252484 0 0 359740 0 0 673308 23931336 0 2007 1 1 1 1 C 167150 0 14754334 0 0 0 282080 0 0 14472254 0 0 2011 0 0 1 1 D 122132 0 19060719 0 0 0 266336 0 0 7761115 11033268 0 2012 1 0 1 1 A 0 0 0 0 0.0244 0 0.0244 0 0 1 B 0 0 0 1 1 0.0214 0 0.0214 0 0 1 C 0 0 0 1 1 0.0247 0 0.0247 0 0 1 D 0 0 1 1 0 0.025 0 0.025 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part II, Line 11-04/01/2003 6,137,145 St Lawrence County Industrial Dev Agency Series 20 $2,000,000 was used to refund 1990 bond issue. Schedule K, Part II, Line 11-03/14/2007 26,216,868 St Lawrence County Industrial Dev Agency Series 2 $429,209 was spent on state and local taxes, $23,502,127 was used to refund 1999 and 2001 bond issues. Schedule K, Part II, Line 11-05/21/2012 19,060,719 St Lawrence County Industrial Dev Agency Series 2 $181,600 was spent on Issuer Administrative Fee, $10,851,657 was used to refund 2009 mortgage. Schedule K, Part IV, Line 2c-04/01/2003 6,137,145 St Lawrence County Industrial Dev Agency Series 20 Rebate computation performed on October 31, 2004. Schedule K, Part IV, Line 2c-03/14/2007 26,216,868 St Lawrence County Industrial Dev Agency Series 2 Rebate computation performed on November 30, 2008. Schedule K, Part IV, Line 2c-07/28/2011 14,754,334 St Lawrence County Industrial Dev Agency Series 2 Rebate computation performed on July 31, 2012. Schedule K, Part IV, Line 2c-05/21/2012 19,060,719 St Lawrence County Industrial Dev Agency Series 2 Rebate computation performed on May 21, 2013. A St Lawrence County Industrial Dev Agency Series 2012B 272614310 791078AL2 2012-05-21 3070770 Dormatory Renovations 0 0 0 B City of Schenectady Industrial Development Agency Series 2008A 141699509 806476BY2 2008-01-30 5660000 Graduate Center Construction 0 0 0 A 9281 0 3070770 0 0 0 57033 0 0 2983737 30000 0 2013 0 0 1 1 B 725000 0 5660000 0 0 0 102500 76890 0 5480610 0 0 2009 0 0 1 1 A 0 0 0 0 0.0247 0 0.0247 0 0 1 B 0 0 0 0 0.0401 0 0.0401 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 1 B 1 Schedule K, Part II, Line 11-05/21/2012 3,070,770 St Lawrence County Industrial Dev Agency Series 20 $30,000 was spent on Issuer Administrative Fee. Schedule K, Part IV, Line 2c-05/21/2012 3,070,770 St Lawrence County Industrial Dev Agency Series 20 Rebate computation performed on May 21, 2013. X 1 3000 Fair Market Value X 575 Fair Market Value X 2 7000 Fair Market Value X 1 2000 Fair Market Value X 56 843331 Avg Date of Contribution X 2 531697 Avg Date of Contribution X Scientific Equipment 2 5993 Fair Market Value X Signs 1 1139 Fair Market Value X Miscellaneous 13 914 Fair Market Value 0 0 1 1 Schedule M, Part I, Line 32b The University uses a broker to convert gifts of securities to cash. Form 990, Part III, Line 1 Our primary mission is to educate talented and motivated men and women to become successful professionals through quality pre-collegiate, undergraduate, graduate and professional continuing educational programs, with particular emphasis on the undergraduate experience. Our community and campus settings enhance the quality of student life and afford students access to and interaction with their faculty. We value the diversity of our University community, and we strive to attune ourselves and our programs to our global, pluralistic society. We share the belief that humane economic and social development derive from the expansion, diffusion and application of knowledge. Form 990, Part III, Line 2 On May 11, 2015, the University and Union Graduate College (UGC) entered into an agreement, effective February 1, 2016, pursuant to which UGC was merged with and into the University in accordance with the provisions of the New York Educational Law, whereupon the separate corporate existence of UGC has ceased and Clarkson University is the surviving entity. The University acquired UGC to form the Clarkson University Capital Region Campus (CRC) and expand its graduate offerings by continuing the distinguished bio-ethics, healthcare management, and educational programs offered by UGC. Form 990, Part VI, Section A, Line 2 Bayard D Clarkson Sr. and Bayard D Clarkson Jr. are both current trustees and have a family relationship. Form 990, Part VI, Section B, Line 11b The following process was observed by the University regarding the IRS Form 990: The return was prepared by management with a review performed by a qualifying tax consultant; a draft was presented to the audit committee of the board of trustees for review and approval; a copy of the final return was distributed to all board members before electronically filing the return with the Internal Revenue Service. Form 990, Part VI, Section B, Line 12c All trustees, officers and key employees are required to annually complete a conflict of interest statement. The statements are reviewed by the chair of the audit committee and addressed in governance meetings as needed. Form 990, Part VI, Section B, Line 15 The University's top management official is the President, the Chief Financial Officer is the Treasurer of the corporation, the Vice President for External Relations is the Assistant Secretary to the Board of Trustees and the key employees are as follows: Senior Vice President and Provost, Dean of the School of Business, Dean of the School of Engineering, Dean of Arts and Sciences, CEO of Beacon Institute, Director of Facilities and Services, Vice President for Enrollment and Student Advancement, and the Vice President for Development and Alumni Relations. The above positions' compensation packages are reviewed and approved by the executive committee of the board of trustees. The committee conducts a comprehensive review by using data from multiple sources (most notably, data from an independent compensation consultant, the Association of Independent Technological Universities and the College & University Professional Association of Human Resources) for comparable Universities. Performance input was solicited from the full board into the executive committee deliberations. This was documented in the minutes of the executive committee. This process is performed annually. The University believes its procedures regarding executive compensation meets the rebuttable presumption requirements described in regulation section 53.4958-6(c). Form 990, Part VI, Section C, Line 19 The University posts its conflict of interest policy on its website in the Operations Manual found under the Human Resources link. The consolidated financial statements are available on the University website, while the IRS Form 990, Form 990T, and governance documents are made available upon request. Form 990, Part XI, Line 9 Related entity revenue ($234,674). Change to post-retirement benefits ($3,897,723). Inherent contribution received through acquisition $8,414,785. Change in value of split-interest agreements ($367,831). Beacon Institute for Rivers and Estuaries 199 Main Street Beacon NY 12508 141883215 Environmental Education NY 501(c)(3) 170(b)(1)(A)(vi) N/A 1 JR Weston Inc PO Box 333 Potsdam NY 13676 150490300 Hotel NY N/A C 1624529 2686745 1 1 Charitable Remainder Trusts (3) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust NY N/A T 1 Charitable Remainder Trusts (2) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust FL N/A T 1 Charitable Remainder Trusts (2) 8 Clarkson Ave Box 5546 Potsdam NY 13699 Charitable Trust SC N/A T 1 Charitable Remainder Trusts (1) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust AZ N/A T 1 Charitable Remainder Trusts (1) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust NJ N/A T 1 Charitable Remainder Trusts (1) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust MA N/A T 1 Charitable Remainder Trusts (1) 8 Clarkson Avenue Box 5546 Potsdam NY 13699 Charitable Trust OH N/A T 1 Charitable Remainder Trusts (1) 8 Clarkson Ave Box 5546 Potsdam NY 13699 Charitable Trust ME N/A T 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 JR Weston Inc p 237285 Cost Allocation JR Weston Inc q 61869 Cost Allocation Beacon Institute for Rivers and Estuaries c 948108 Actual amount of grant funding received. Beacon Institute for Rivers and Estuaries s 121448 Net book value of assets and liabilities transferred from Beacon Institute for Rivers and Estuaries.