2016-05-16T08:37:43-05:00 2015-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2014-07-01 042103629 SIMMONS COLLEGE SIMM 6175212877 300 THE FENWAY BOSTON MA 02115 DONNA NG SVP-FINANCE&ADMIN 6175212877 2016-04-30 1 CHRISTOPHER B ANDERSON P00226559 2163630100 2014 2016-08-17 19:52:53Z HELEN DRINAN 300 THE FENWAY BOSTON MA 02115 275925432 0 X WWW.SIMMONS.EDU X 1899 MA AND FORM 990, PART III:SIMMONS COLLEGE EXISTS TO EDUCATE, EMPOWER, AND TRANSFORM THE LIVES OF ITS STUDENTS, PREPARING THEM FOR LEADERSHIP IN THE PROFESSIONS, IN THEIR COMMUNITIES, AND IN THE WORLD. SIMMONS' ENDURING COMMITMENT IS TO PROVIDE AN EXCEPTIONAL HIGHER EDUCATION EXPERIENCE THAT DISTINCTLY INTEGRATES THEORY AND PRACTICE; ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES COMBINED WITH RIGOROUS PREOFESSIONAL TRAINING. SIMMONS' HISTORY IS ROOTED IN VISIONARY THINKING AND SOCIAL RESPONSIBILITY; OUR MANDATE IS TO PREPARE UNDERGRADUATE WOMEN FOR PROFESSIONAL SUCCESS AND MEANINGFUL LIVES REMAINS AT THE CORE OF OUR MISSION. OUR GRADUATE SCHOOLS SERVE WOMEN AND MEN WHO ARE PASSIONATE ABOUT LEARNING, LEADING, AND MAKING A DIFFERENCE IN THEIR PROFESSIONS. SIMMONS STUDENTS GRADUATE INTELLECTUALLY EQUIPPED, PROFESSIONALLY SKILLED AND TECHNOLOGICALLY PROFICIENT FOR CUTTING-EDGE CAREERS THAT ADDRESS OUR GLOBAL SOCIETY'S GREATEST CHALLENGES AND UNMET NEEDS, TODAY AND IN THE FUTURE. 24 23 3761 1420 1261318 0 14669183 10584570 136297949 151857379 6927355 7277334 3101896 3145949 160996383 172865232 32818245 34979625 0 0 71929049 73013731 0 0 3376242 49511406 65891034 154258700 173884390 6737683 -1019158 430151592 427555616 198254002 201133756 231897590 226421860 X SEE SCHEDULE O 0 0 54729402 28573640 57712610 INSTRUCTION - UNDERGRADUATE PROGRAMS: SIMMONS IS A PRIVATE, NONSECTARIAN INSTITUTION LOCATED IN BOSTON'S FENWAY AREA, AND CURRENTLY SERVES 1,741 UNDERGRADUATE WOMEN. DURING THE 2015 ACADEMIC YEAR, THE COLLEGE CONFERRED 430 BACCALAUREATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE UNDERGRADUATE PROGRAM AS WELL AS FINANCIAL AID PROVIDED BY THE COLLEGE TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. APPROXIMATELY 87% OF UNDERGRADUATES RECEIVED FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE COLLEGE. 29232155 6350313 50487934 INSTRUCTION - GRADUATE PROGRAMS: SIMMONS CURRENTLY SERVES 2,749 MEN AND WOMEN IN FIVE GRADUATE PROGRAMS AT THE MASTER AND DOCTORAL LEVELS. THESE PROGRAMS ARE HOUSED IN THE GRADUATE SCHOOL OF LIBRARY AND INFORMATION SCIENCE, THE SCHOOL OF SOCIAL WORK, THE SCHOOL OF MANAGEMENT, THE SCHOOL OF NURSING AND HEALTH SCIENCE AND IN THE COLLEGE OF ARTS AND SCIENCES. DURING THE 2015 ACADEMIC YEAR, THE COLLEGE CONFERRED 1,045 GRADUATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE GRADUATE PROGRAMS AS WELL AS FINANCIAL AID. APPROXIMATELY 39% OF GRADUATE STUDENTS RECEIVE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE COLLEGE. 27928541 24446040 INSTRUCTION - ONLINE PROGRAMS: DURING THE 2015 ACADEMIC YEAR SIMMONS COLLEGE OFFERED ONLINE GRADUATE PROGRAMS IN NURSING AND SOCIAL WORK. THESE PROGRAMS SERVE 1,170 MEN AND WOMEN ACROSS FIFTY STATES, THE DISTRICT OF COLOMBIA AND CANADA. DURING THE 2015 ACADEMIC YEAR, THE COLLEGE CONFERRED 36 DEGREES AND CERTIFICATES. 30505637 55672 19175287 ACADEMIC SUPPORT AND STUDENT SERVICES: INCLUDES EXPENDITURES FOR ACTIVITIES THAT SUPPORT AND ENHANCE THE STUDENT'S EDUCATION, AS WELL AS CONTRIBUTE TO THEIR EMOTIONAL AND PHYSICAL WELL-BEING. INCLUDED IN THIS CATEGORY IS THE COLLEGE LIBRARY WHICH HOUSES OVER 223,000 PRINT VOLUMES, SUBSCRIBES TO 257 PRINT JOURNALS, AND PROVIDES ACCESS TO 73,000 E-JOURNALS, 30,000 E-BOOKS, AND 94 ELECTRONIC DATABASES FOR ARTICLES, REFERENCE CONTENT, STATISTICS AND BEYOND. DURING FISCAL YEAR 2015, STUDENTS CHECKED OUT 16,675 BOOKS AND ACCESSED COURSE RESERVE ITEMS 15,199 TIMES. ALSO INCLUDED IN THIS CATEGORY IS THE COLLEGE'S HEALTH CENTER WHOSE STAFF HANDLED 4132 STUDENT/PATIENT VISITS DURING FISCAL YEAR 2015. ANOTHER COMPONENT OF THIS CATEGORY IS THE CAREER EDUCATION CENTER WHICH HAD 2,323 STUDENT CONTACTS DURING FISCAL YEAR 2015 THROUGH MULTIPLE CHANNELS SUCH AS CAREER COACHING, IN-CLASS WORKSHOPS, RECRUITMENT ACTIVITIES AND CAREER FAIRS. 30505637 55672 19175287 142395735 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 0 1 0 1 0 1 0 0 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 0 0 0 1 218 0 1 3761 1 1 1 0 0 0 0 0 0 0 X 24 23 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X DONNA NG 6175212010 300 THE FENWAY BOSTON MA 02115 LAUREN J BRISKY TRUSTEE 1.00 0.00 X 0 0 0 DEBORAH C BRITTAIN TRUSTEE 1.00 0.00 X 0 0 0 JANE BUYERS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 JENNIFER A KELLY CHOI TRUSTEE&COMM.CHAIR(UNTIL 9/14) 5.00 0.00 X 0 0 0 BARBARA LATZ COHEN TRUSTEE 1.00 0.00 X 0 0 0 DWIGHT B CRANE TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 ATSUKO TOKO FISH TRUSTEE (UNTIL 5/15) 1.00 0.00 X 0 0 0 JAMES D FLYNN TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 JILL A GREENTHAL CLERK/TRUSTEE 1.00 0.00 X X 0 0 0 KAREN HAMMOND TRUSTEE,VICE-CHAIR,COMM.CHAIR 5.00 0.00 X X 0 0 0 JOHN W HUMPHREY TRUSTEE (UNTIL 5/15) 1.00 0.00 X 0 0 0 KATHLEEN MORRISSEY LAPOINT TRUSTEE (UNTIL 5/15) 1.00 0.00 X 0 0 0 STEPHEN P MCCANDLESS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 JACQUELINE C MORBY TRUSTEE 1.00 0.00 X 0 0 0 DENISE PAPPAS TRUSTEE 1.00 0.00 X 0 0 0 REGINA M PISA CHAIR OF BOARD/TRUSTEE 10.00 0.00 X X 0 0 0 CHRISTIAN POPE CAMPBELL TRUSTEE (UNTIL 5/15) 1.00 0.00 X 0 0 0 CAROL WALLER POPE TRUSTEE (UNTIL 12/14) 1.00 0.00 X 0 0 0 FAITH M RICHARDSON TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN I SCHULLER BLEAKIE TRUSTEE 1.00 0.00 X 0 0 0 TOBY M SLOANE TRUSTEE 1.00 0.00 X 0 0 0 PAULA A SNEED TRUSTEE (UNTIL 10/14) 1.00 0.00 X 0 0 0 WINSTON TABB TRUSTEE 1.00 0.00 X 0 0 0 JANET TRAFTON TOBIN TRUSTEE (UNTIL 5/15) 1.00 0.00 X 0 0 0 PAMELA J TOULOPOULOS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 ROSLYN M WATSON TRUSTEE 1.00 0.00 X 0 0 0 AMY E WHITE TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 LESLIE LAKE TRUSTEE 1.00 0.00 X 0 0 0 YVONNE JACKSON TRUSTEE 1.00 0.00 X 0 0 0 DENISE COLL TRUSTEE (AS OF 5/15) 1.00 0.00 X 0 0 0 ENNA JIMENEZ TRUSTEE (AS OF 5/15) 1.00 0.00 X 0 0 0 HELEN G DRINAN PRESIDENT 40.00 0.00 X X 515717 0 128488 SHEILA C CONBOY PROVOST & SENIOR VP 40.00 0.00 X 280248 0 55488 STEFANO FALCONI SVP-FIN&ADM.,TREAS.(UNTIL 10/14) 40.00 0.00 X 370140 0 53666 CHERYL HOWARD VP MARKETING 40.00 0.00 X 172801 0 16104 MARIANNE LORD VP ADVANCEMENT 40.00 0.00 X 260131 0 25758 REGINA MELFI SHERWOOD VP TALENT & HUMAN CAP STRATEGY 40.00 0.00 X 204123 0 46771 SUZANNE MURPHY VP STRAT.INIT.,SIMMONS ON-LINE 40.00 0.00 X 178443 0 46771 SARAH NEILL VP STUDENT AFFAIRS 40.00 0.00 X 179257 0 28259 KATHLEEN ROGERS VP GENERAL COUNSEL 40.00 0.00 X 207574 0 21765 JOHN F DOLAN VP ENROLLMENT MANAGEMENT 40.00 0.00 X 123247 0 23255 PHIL SHAPIRO INTERIM SVP FIN.&ADMIN. 40.00 0.00 X 36923 0 0 CATHY E MINEHAN DEAN 40.00 0.00 X 251153 0 23440 EILEEN ABELS DEAN 40.00 0.00 X 225559 0 40903 STEFAN KRUG DEPUTY PROVOST 40.00 0.00 X 188899 0 46843 MICHELE CLOONAN FORMER DEAN/PROFESSOR 40.00 0.00 X 181839 0 18143 JUDY BEAL DEAN 40.00 0.00 X 180493 0 25056 DIANE GROSSMAN FORMER DEAN/FACULTY MEMBER 40.00 0.00 X 114508 0 11776 3671055 0 612486 16 1 1 0 ARAMARK 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICES 3603852 DTZ INC 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITIES MGMT.SERVICES 2548643 LEE KENNEDY COMPANY INC 122 QUINCY SHORE DRIVE S 1 NORTH QUINCY MA 02171 CONSTRUCTION 1066805 ROBERT D CONNORS COMPANY 400 WEST CUMMINGS PARK WOBURN MA 01801 GENERAL CONTRACTOR 672775 ROYALL 1920 E PARHAM ROAD RICHMOND VA 23228 EDUCATION CONSULTANT 522094 28 2491665 8092905 495910 10584570 TUITION AND FEES 900099 132646589 132646589 AUXILIARY ENTERPRISES 900099 15858371 15822863 35508 OTHER SOURCES 900099 3352419 3352419 151857379 1978534 -90385 2068919 3145949 0 3145949 3145949 1316195 1829754 108359000 103051475 8725 5307525 -8725 5298800 5298800 172865232 151821871 1261318 9197473 55672 55672 34923953 34923953 3117932 2871118 246814 54872036 45580502 7687555 1603979 3300163 2475945 683620 140598 7700065 5779297 1596075 324693 4023535 3147305 731894 144336 432541 26597 405944 440327 59124 381203 999754 999754 2029713 1301681 689086 38946 1098494 103351 994896 247 656464 571959 79329 5176 1980296 516413 1385895 77988 3547270 2703629 753448 90193 1833922 1423090 258223 152609 235325 186554 36568 12203 6862753 5183657 1556614 122482 11710649 10321188 1288106 101355 723724 12721 711003 DIST.LEARNING-PARTNER S 16849423 16849423 CONTRACTED SERVICES 7642893 5459682 2114535 68676 FOOD SERVICE EXPENSE 4545367 3871413 553000 120954 LIBRARY EXPENSES 753156 732169 12744 8243 3548963 1110410 2321803 116750 173884390 142395735 28112413 3376242 8986441 14003666 18837981 15765786 8362563 7241895 8586183 11003193 4727816 4158240 6237472 7002120 310171179 133966182 181835939 176204997 72660656 82579271 118514872 108087799 1401669 1508649 430151592 427555616 8160959 9921717 7312254 12756124 173973679 169695667 688381 802086 8118729 7958162 198254002 201133756 X 79621129 70941317 81220324 81628709 71056137 73851834 231897590 226421860 430151592 427555616 X -1019158 -1117740 -3338832 X 0 1 X 1 1 1 X 11168402 15295170 10121718 14669183 10584570 61839043 11168402 15295170 10121718 14669183 10584570 61839043 2705472 59133571 4222832 3955588 4206512 4276142 5124483 21785557 83624600 681800781 0.70710 0.73390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1 1 0 PART II-B, LINE 1: SIMMONS COLLEGE IS A MEMBER OF VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF COLLEGES AND UNIVERSITIES FROM WHICH SIMMONS MAY BENEFIT. SIMMONS COLLEGE IS NOT AWARE OF THE ACTUAL AMOUNT OF MEMBER FEES ASSOCIATED WITH SUCH LOBBYING EFFORTS. X X X 0 0 1 X 187875676 2679277 6552177 2251479 8825048 186030603 168818367 5018544 17025797 1902335 1084697 187875676 156618376 1532420 17009769 1546184 4796014 168818367 161839794 3048249 -1431324 1604708 5233635 156618376 141511154 2924080 24430493 1396601 5629332 161839794 0.26760 0.34790 0.38450 0 0 815000 815000 250205250 94293892 155911358 1399279 1399279 57751650 39672290 18079360 176204997 FIXED INCOME SECURITIES 966722 F PERPETUAL TRUSTS HELD BY THIRD PARTIES 8543746 F PRIVATE EQUITY 31335572 F HEDGE FUNDS 32538595 F EQUITY SECURITIES 34703164 F 108087799 LOAN PAYABLE 518519 U.S. GOVERNMENT LOAN ADVANCES 3088154 ASSET RETIREMENT OBLIGATIONS 1654213 ANNUITIES PAYABLE 1647524 DEPOSIT PAYABLE 1049752 7958162 133864000 -1117740 -36883785 -38001525 171865525 999754 -47 999707 172865232 137962000 0 137962000 999754 34922636 35922390 173884390 PART III, LINE 4: DESCRIPTION OF ART COLLECTION: THE SIMMONS COLLEGE ART COLLECTION IS COMPRISED OF PAINTINGS, DRAWINGS, PRINTS, SCULPTURE, AND PHOTOGRAPHY WHICH IS USED TO SUPPORT THE COLLEGE'S CURRICULUM. PART IV, LINE 2B: ESCROW AND CUSTODIAL ARRANGEMENT: THE COLLEGE MAINTAINS AGENCY ACCOUNTS FOR ALUMNAE/I AND STUDENT GROUPS. THE COLLEGE ACTS AS A FISCAL AGENT FOR THE FUNDS. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: THE SIMMONS ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE. IT IS INTENDED TO PROVIDE AN INTERGENERATIONAL SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS, RESEARCH, INSTRUCTIONAL PROGRAMS, AND GENERAL OPERATIONS OF THE COLLEGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -34,923,953. EXTINGUISHMENT OF DEBT -1,959,832. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING ADJUSTMENT FOR FIN.STMTS. REPORTING AMOUNTS IN THOUSANDS -47. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 34,923,953. ROUNDING ADJUSTMENT FOR FIN.STMTS. REPORTING AMOUNTS IN THOUSANDS -1,317. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A DESCRIPTION OF THE COLLEGE'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ITS ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE COLLEGE'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. SCHEDULE E, PART I, LINE 6 SIMMONS COLLEGE RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES IN SUPPORT OF THE COLLEGE'S EDUCATIONAL MISSION. CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES ACADEMIC SUPPORT 750 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RECRUITMENT 2590 EAST ASIA AND THE PACIFIC PROGRAM SERVICES ACADEMIC SUPPORT 319 EAST ASIA AND THE PACIFIC PROGRAM SERVICES INSTITUTIONAL SUPPORT 3091 EAST ASIA AND THE PACIFIC PROGRAM SERVICES PROFESSIONAL DEVELOPMENT 2000 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RECRUITMENT 529 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES ACADEMIC SUPPORT 35919 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES INSTITUTIONAL SUPPORT 20458 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES PROFESSIONAL DEVELOPMENT 17500 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES RECRUITMENT 1510 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES INSTITUTIONAL SUPPORT 299 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RECRUITMENT 729 NORTH AMERICA PROGRAM SERVICES ACADEMIC SUPPORT 5535 NORTH AMERICA PROGRAM SERVICES INSTITUTIONAL SUPPORT 145 NORTH AMERICA PROGRAM SERVICES PROFESSIONAL DEVELOPMENT 4202 NORTH AMERICA PROGRAM SERVICES RECRUITMENT 2010 SOUTH AMERICA PROGRAM SERVICES RECRUITMENT 33 SOUTH ASIA PROGRAM SERVICES INSTITUTIONAL SUPPORT 382 SOUTH ASIA PROGRAM SERVICES RECRUITMENT 2579 SUB-SAHARAN AFRICA PROGRAM SERVICES INSTITUTIONAL SUPPORT 26940 SUB-SAHARAN AFRICA PROGRAM SERVICES RECRUITMENT 5 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 17853001 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 14162214 0 0 0 0 0 0 65656 32077084 32142740 1 0 1 1 0 0 1 SOUTH SHORE HOSPITAL 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 042769210 501(C)(3) 40672 SUBAWARD CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501(C)(3) 15000 SUBAWARD 2 0 STUDENT FINANCIAL AID 2776 34923953 PART I, LINE 2: FOR RECIPIENTS OF GRANTS THAT ARE ORGANIZATIONS, SIMMONS COLLEGE PASSES THROUGH FEDERAL GRANTS TO THESE SUBRECIPIENTS. THE SUBRECIPIENTS ARE REQUIRED TO SPEND THE FUNDS IN ACCORDANCE WITH THE GRANT AND, IN SOME CASES, ARE REQUIRED TO OBTAIN AN AUDIT UNDER OMB CIRCULAR A-133. FOR INDIVIDUAL RECIPIENTS OF GRANTS, ACADEMIC EXCELLENCE AND DEMONSTRATED FINANCIAL NEED ARE USED TO DETERMINE EACH STUDENT'S FINANCIAL AID. THE FINANCIAL AID CONSISTS OF ANY COMBINATION OF GRANTS AND LOANS AND ARE REVIEWED EACH YEAR BASED ON A STUDENT'S ACADEMIC RECORD AND/OR DEMONSTRATED NEED. THE FREE APPLICATION FOR FEDERAL STUDENT AID, WHICH HELPS TO ESTABLISH A STUDENT'S FINANCIAL NEED, SERVES AS THE APPLICATION FOR TUITION SCHOLARSHIPS. X 0 1 X X X X X 0 1 0 0 0 0 0 0 0 HELEN G DRINAN PRESIDENT 445326 0 0 0 70391 0 124875 0 3613 0 644205 0 0 0 SHEILA C CONBOY PROVOST & SENIOR VP 278261 0 0 0 1987 0 23400 0 32088 0 335736 0 0 0 STEFANO FALCONI SVP-FIN&ADM.,TREAS.(UNTIL 10/14) 279670 0 0 0 90470 0 23400 0 30266 0 423806 0 0 0 CHERYL HOWARD VP MARKETING 169575 0 0 0 3226 0 15424 0 680 0 188905 0 0 0 MARIANNE LORD VP ADVANCEMENT 257438 0 0 0 2693 0 23400 0 2358 0 285889 0 0 0 REGINA MELFI SHERWOOD VP TALENT & HUMAN CAP STRATEGY 203633 0 0 0 490 0 19344 0 27427 0 250894 0 0 0 SUZANNE MURPHY VP STRAT.INIT.,SIMMONS ON-LINE 177336 0 0 0 1107 0 17100 0 29671 0 225214 0 0 0 SARAH NEILL VP STUDENT AFFAIRS 177189 0 0 0 2068 0 16538 0 11721 0 207516 0 0 0 KATHLEEN ROGERS VP GENERAL COUNSEL 205450 0 0 0 2124 0 18900 0 2865 0 229339 0 0 0 CATHY E MINEHAN DEAN 248200 0 0 0 2953 0 22500 0 940 0 274593 0 0 0 EILEEN ABELS DEAN 223223 0 0 0 2336 0 20700 0 20203 0 266462 0 0 0 STEFAN KRUG DEPUTY PROVOST 186970 0 0 0 1929 0 17613 0 29230 0 235742 0 0 0 MICHELE CLOONAN FORMER DEAN/PROFESSOR 175900 0 0 0 5939 0 16425 0 1718 0 199982 0 0 0 JUDY BEAL DEAN 168739 0 0 0 11754 0 16290 0 8766 0 205549 0 0 0 DIANE GROSSMAN FORMER DEAN/FACULTY MEMBER 113082 0 0 0 1426 0 10220 0 1556 0 126284 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN EMPLOYEES: A HOUSING ALLOWANCE WAS PROVIDED TO HELEN DRINAN, PRESIDENT. PRESIDENT DRINAN USES HER PERSONAL RESIDENCE TO HOLD FUNCTIONS AND EVENTS ON BEHALF OF SIMMONS COLLEGE. THE HOUSING ALLOWANCE WAS CONSIDERED TAXABLE AND INCLUDED IN HER TAXABLE INCOME. PART I, LINE 1B WRITTEN POLICY FOR EXPENSE REIMBURSEMENTS: THE COLLEGE HAS A WRITTEN POLICY REGARDING FIRST CLASS AND SPOUSAL TRAVEL. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J, PART I MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN: DURING CALENDAR YEAR 2011, THE COLLEGE ENTERED INTO A SUPPLEMENTAL RETIREMENT AGREEMENT (SRA) WITH THE PRESIDENT. UNDER THE SRA, THE COLLEGE MAKES DEFERRALS FROM 0 TO 30 PERCENT OF THE PRESIDENT'S BASE PAY, IN THE SOLE DISCRETION OF THE BOARD OF TRUSTEES, FOR EACH YEAR THROUGH THE FISCAL YEAR ENDING JUNE 30, 2016. AMOUNTS DEFERRED ARE SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET IN THE DISCRETION OF THE BOARD OF TRUSTEES. FOR CALENDAR YEAR 2014, THE AMOUNT DEFERRED WAS $101,475. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN C AS DEFERRED COMPENSATION. A SIMMONS COLLEGE MDFA REVENUE BOND SERIES G 043431814 57583REX9 2006-01-12 49610000 NEW ACAD.BLDG, GARAGE&OTHER 0 0 0 B SIMMONS COLLEGE MDFA REVENUE BOND SERIES H 043431814 57583RJG1 2007-01-04 45343798 REFUNDING SERIES C, D, AND F BONDS 0 0 0 C SIMMONS COLLEGE MHEFA REVENUE BOND SERIES I 042456011 57686EEL1 2009-01-22 59998380 REFIN.E BOND, CONSTR.,SWAP TERM 0 0 0 D SIMMONS COLLEGE MDFA REVENUE BOND SERIES J 043431814 57583UYQ5 2013-09-05 19156227 REFINANCE SERIES F & I BONDS 0 0 0 A 250000 49610000 563922 732819 2480500 44020416 1813175 2009 0 0 1 1 B 2580000 45343798 575599 485410 44282763 0 1 1 1 C 20180000 10205000 59998380 3125442 1039945 1199968 2466655 19215015 32951354 2009 1 0 1 1 D 19156227 15484557 374131 3297539 1 1 1 1 A 0 0 0 0 0 0 1 B 0 1 1 1 0 0.01980 0.00000 0.01980 0 0 1 C 0 0 0 1 0 0 0 1 D 1 1 1 1 0 0.00160 0.00160 0 0 1 A 0 0 1 0 1 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 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES H DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2015 ISSUER NAME: SIMMONS COLLEGE MHEFA REVENUE BOND SERIES I DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2015 SCHEDULE K, PART II, LINE 3, COLUMN C: $31,140,000 OF THE MHEFA REVENUE BOND SERIES I PROCEEDS WERE USED TO REFUND SERIES E BONDS. SCHEDULE K, PART II, LINE 13, COLUMN B: THE YEAR OF SUBSTANTIAL COMPLETION FOR THE MDFA REVENUE BONDS SERIES H HAS BEEN LEFT BLANK BECAUSE THIS ISSUE WAS ENTIRELY FOR AN ADVANCE REFUNDING. X 3 9000 FMV X 74 477985 FMV X CHERRY TREES 1 7276 FMV X EVENT COSTS 2 1649 FMV 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES: THE COLLEGE UTILIZES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. FORM 990, PART VI, SECTION A, LINE 1 AUTHORITY OF EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT; THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE ADVANCEMENT COMMITTEE, THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE, THE EDUCATIONAL STEWARDSHIP COMMITTEE, THE INVESTMENT COMMITTEE, AND THE FACULTY REVIEW COMMITTEE; THE CLERK; AND ANY OTHER TRUSTEES MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES. FORM 990, PART VI, SECTION A, LINE 6 AND FORM 990, PART VI, SECTION B, LINE 7A: MEMBERS AND POWERS OF THE MEMBERS: SIMMONS CURRENTLY HAS 30 CORPORATORS (THE CORPORATION): 24 MEMBERS OF THE BOARD OF TRUSTEES PLUS 6 ADDITIONAL MEMBERS SERVING AS A CONSULTATIVE BODY TO THE PRESIDENT AND BOARD OF TRUSTEES AND AS NON-VOTING MEMBERS OF ONE BOARD COMMITTEE. THE CORPORATION'S PRIMARY DUTIES ARE TO ELECT ANNUALLY THE TRUSTEE MEMBERSHIP AND AMEND THE SIMMONS' BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR LINE 6A ABOVE. FORM 990, PART VI, SECTION B, LINE 11 REVIEW OF FORM 990: THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY OF REVIEWING FORM 990 TO THE AUDIT COMMITTEE. THE REVIEW OF THE FORM IS FACILITATED BY THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE RETURN. THE COMPENSATION SECTIONS OF FORM 990 ARE REVIEWED BY THE COMPENSATION COMMITTEE. BEFORE FILING, FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY: IN ITS CONFLICT OF INTEREST DISCLOSURE FORM, THE COLLEGE ASKS ALL TRUSTEES AND OFFICERS TO DECLARE ANY CONFLICT OF INTEREST. COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL WHO ALSO SERVES AS THE SECRETARY OF THE BOARD. THE GENERAL COUNSEL PREPARES A WRITTEN REPORT FOR THE AUDIT COMMITTEE WHICH SETS FORTH ALL DISCLOSURES OR COMMENTS MADE BY RESPONDENTS CONCERNING POTENTIAL OR ACTUAL CONFLICTS, AND THAT REPORT IS PRESENTED TO THE AUDIT COMMITTEE, PRESIDENT, AND BOARD CHAIR FOR DISCUSSION AND NECESSARY FOLLOW-UP EACH YEAR. AT A MINIMUM, THOSE WITH CONFLICTS ARE INSTRUCTED TO REFRAIN FROM VOTING ON MATTERS WHERE THERE ARE OR MAY BE PERCEIVED TO BE A CONFLICT AND TO RECUSE THEMSELVES DURING ANY DISCUSSION OF THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL: THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE IS GOVERNED BY A DETAILED CHARTER WHICH GRANTS IT JURISDICTION OVER COMPENSATION MATTERS FOR ALL SIMMONS OFFICERS. THE PRESIDENT MAKES SALARY RECOMMENDATIONS FOR THE OFFICERS EACH YEAR TO THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE, AND THE COMMITTEE REVIEWS THE PERFORMANCE OF THE OFFICERS AGAINST SALARY DATA PREPARED BY EXTERNAL COMPENSATION EXPERTS. THE COMMITTEE THEN MAKES RECOMMENDATIONS FOR OFFICER SALARIES TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE MEMBERS OF THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: SIMMONS COLLEGE'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE COLLEGE'S WEBSITE. THE COLLEGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EXTINGUISHMENT OF DEBT -1,959,832. RESTATEMENT OF BEG.NET ASSETS TO CORRECT IMMATERIAL PRIOR YEAR ERRORS -1,379,000. CHARITABLE REMAINDER TRUST (3) CHARITABLE TRUST MA SIMMONS COLLEGE 1 CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST OH SIMMONS COLLEGE 1 PERPETUAL TRUST(1) PERPETUAL TRUST MA SIMMONS COLLEGE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1