2016-05-12T14:31:26-05:00 2015-06-30 990 2014-07-01 020222111 Trustees of Dartmouth College TRUS 6036463011 7 Lebanon Street Suite 302 No 6015 Hanover NH 03755 Gail Goodness Controller 6036463001 2016-05-11 2014 2016-08-17 19:52:53Z Philip J Hanlon 7 Lebanon Street Suite 302 No 6015 Hanover NH 03755 6685050180 0 8204 X www.dartmouth.edu X 1769 NH Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge. 26 21 10546 10000 47146545 13963565 428376339 376972265 493569747 507151300 373176203 500657906 15382517 9388938 1310504806 1394170409 143282473 145570085 0 0 495498726 522521313 0 0 39316437 399803203 406616957 1038584402 1074708355 271920404 319462054 6955925354 7265439165 1878930061 1951120434 5076995293 5314318731 X Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge. 0 0 565668197 135108801 395414883 4a. Education and Academic Support: A Dartmouth education is unlike any other. Through person-to-person teaching and opportunities to create and apply knowledge on campus and across the globe, Dartmouth instills a love of learning among its students and empowers them for a lifetime of leadership. Academics at Dartmouth are innovative, interdisciplinary, international, and individualized for each student. Each student's experience is distinguished by breadth, depth, and personal connections with top faculty. The institution comprises the Faculty of the Arts & Sciences and three professional schools: the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine. Dartmouth's 1,081-person faculty teaches and guides more than 6,300 undergraduate and graduate students. Dartmouth's library system directly supports the research and teaching mission of Dartmouth College, as well as the life-long learning needs of the Dartmouth community, by providing access to approximately 80,000 digital resources such as indexes, databases and journals, 3.3 million print and digital books, 29,000 films and videos, 193,000 maps, 39,000 sound recordings and 462,000 photographs. State-of-the-art computing resources are available to faculty and students to foster innovation and excellence in research and in the curriculum. 169939333 8180122 12567778 4b. Research & Research Support: At Dartmouth, teaching and research are inextricably linked. Dartmouth offers undergraduate students a rigorous curriculum at the forefront of higher education and Dartmouth faculty pursue research at the highest levels of their disciplines. Students conduct independent study through one-on-one supervision with a faculty member or work as a member of a research group in state-of-the-art facilities. Dartmouth is home to world-class scholars in the Faculty of Arts & Sciences, the Thayer School of Engineering, the Tuck School of Business, and the Geisel School of Medicine-which has strong ties to the Dartmouth-Hitchcock Clinic and the Mary Hitchcock Memorial Hospital. In addition, Dartmouth has more than 50 centers, institutes, research groups, and laboratories in areas ranging from medicine to social policy, from engineering to business. Many of these are interdisciplinary and join faculty and students from across the institution to work on complex issues. During fiscal 2015, faculty and others engaged in sponsored activity received $224.5 million in awards from external funding agencies. 202910190 2268491 99168640 4c. Campus Life: Our close-knit community is a distinctive and enduring feature of the Dartmouth experience. For students, the process of joining and adapting to a new community can be as educationally significant as their academic work. For this reason, Dartmouth invests resources in creating a community that is both stimulating and nurturing. Nearly 90% of Dartmouth undergraduates live on campus and Dartmouth's diverse dining facilities are the hub of many social activities. Athletics at Dartmouth compliment the overall academic and intellectual growth of Dartmouth students, with more than 75% of undergraduates participating in at least one of the 34 varsity teams, 33 club sports teams and several intramural leagues. In addition, facilities such as the Hanover Country Club, Dartmouth Skiway, and Morton Farm provide an opportunity for recreation and learning beyond the classroom. There are also more than 300 student groups which allow students to explore interests in diverse areas, including the arts, academics, activism, culture, politics, sustainability and others. 938517720 1 1 0 1 0 1 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 0 1 X 2680 0 1 10546 1 1 1 1 FR GM SP EI IT UK NZ 0 0 0 1 1 0 0 0 0 X 26 21 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NH MA CA NY OK X Controller's Office 6036463011 7 Lebanon Street Suite 302 Hanover NH 03755 Emily Bakemeier Trustee 3.00 X 0 0 0 Gail Boudreaux Trustee 3.00 X 0 0 0 R William Burgess Jr Trustee 3.00 X 0 0 0 James Coulter Trustee 3.00 X 0 0 0 Denise Dupre Trustee 3.00 X 0 0 0 Gregg Engles Trustee 3.00 X 0 0 0 Nathaniel Fick Trustee 3.00 X 0 0 0 Annette Gordon-Reed Trustee 3.00 X 0 0 0 Margaret Hassan Trustee 3.00 X 0 0 0 William Helman IV Trustee 5.00 X 0 0 0 David Hodgson Trustee 3.00 X 0 0 0 Jeffrey Immelt Trustee 3.00 X 0 0 0 Richard Kimball Trustee 3.00 X 0 0 0 Morton Kondracke Trustee 3.00 X 0 0 0 Mitchell Kurz Trustee 3.00 X 0 0 0 Gregory Maffei Trustee 3.00 X 0 0 0 Stephen Mandel Jr Trustee 3.00 X 0 0 0 Sherri Oberg Trustee 3.00 X 0 0 0 John Replogle Trustee 3.00 X 0 0 0 John Rich Trustee 3.00 X 0 0 0 Laurel Richie Trustee 3.00 X 0 0 0 Carlos Rodriguez-Pastor Jr Trustee 0.10 X 0 0 0 Steven Roth Trustee 3.00 X 0 0 0 Peggy Epstein Tanner Trustee 3.00 X 0 0 0 Diana Taylor Trustee 3.00 X 0 0 0 Benjamin Wilson Trustee 3.00 X 0 0 0 Philip Hanlon President 40.00 X X 871795 0 252494 Carolyn Dever Provost (began 7/14) 40.00 X 574966 0 65333 Richard Mills EVP 39.80 0.20 X 638291 0 30208 Michael Wagner CFO 39.50 0.50 X 303535 0 35999 Lynda Baker VP Human Resources (through 4/15) 40.00 X 281601 0 27166 Duane Compton Interim Dean, Geisel (began 7/14) 40.00 X 331883 0 37999 Robert Donin General Counsel 40.00 X 479111 0 30793 Lisa Hogarty VP Campus Services (began 03/14) 39.70 0.30 X 279041 0 33254 Robert Lasher Sr VP for Advancement 40.00 X 458707 0 28618 Michael Mastanduno Dean of Faculty 40.00 X 391756 0 39640 Pamela Peedin Chief Investment Officer 40.00 X 1159920 0 39946 Paul Argenti Professor of Corp Comm 40.00 X 611799 0 38311 Paul Danos Dean,Tuck School of Business 40.00 X 809327 0 34297 Sydney Finkelstein Professor of Management 40.00 X 671987 0 37404 Richard Freeman Jr Chair,Department of Surgery 40.00 X 711301 0 35549 Alan Green Chair, Department of Psychiatry 40.00 X 661922 0 31765 William Green Prof & Former Dean, Geisel 40.00 X 361547 0 24724 Ann Root Keith COO Advancement; Fmr Interim Sr VP 40.00 X 247952 0 37013 Adam Keller TDI Chief of Strategy,Fmr EVP 40.00 X 276031 0 35078 Myron McCoo Former VP & Chief HR Officer 40.00 X 308916 0 1410 Wiley Souba Prof & Fmr Dean,Geisel(through 6/14) 40.00 X 992084 0 34570 Martin Wybourne Sr. Vice Prov Rsrch; Fm Interim Provost 40.00 X 401426 0 28732 11824898 0 960303 933 1 1 0 Dartmouth Hitchcock Medical Center One Medical Center Drive Lebanon NH 03756 Medical Research 12386640 Engelberth Construction Inc 428 Main Street Keene NH 03431 Construction and general contractor 7498925 Estes & Gallup Inc PO Box 240 Lyme NH 03768 Construction and general contractor 5227324 Trumbull-Nelson Construction Co Inc 200 Lebanon Street Hanover NH 03755 Construction and general contractor 2915096 Leading Edge Design Group Inc 86 Chosen Vale Lane Suite 201 Enfield NH 03748 Data center and communications technolog 1495991 522 110028 147295553 229566684 47718854 376972265 Tuition and Fees 611600 337234201 337234201 Auxiliary Service 611710 74344473 69363577 4980896 Medical Related 611600 56345065 56345065 All other 611600 22069648 21654588 415060 Other Education Related 611600 17157913 17153263 4650 507151300 58530264 4737099 53793165 2072756 2072756 22247284 16776267 5471017 5471017 186600 5284417 5696407617 19735329 5273972865 42439 422434752 19692890 442127642 36822240 405305402 196119 110028 88200 107919 107919 Split interest distribution 525920 1670009 1670009 Other revenue 900099 67237 67237 1737246 1394170409 501750694 47146545 468300905 934826 934826 141566203 141566203 3069056 3069056 6592788 824427 5265495 502866 2516968 1757199 446666 313103 437916081 370079592 45236450 22600039 30300677 25187199 3513125 1600353 20154529 16613846 2459457 1081226 25040270 20639954 3056528 1343788 495446 495263 183 1812707 157205 1655487 15 636661 15087 621574 25114 25114 4827202 4827202 103435591 93427147 4103206 5905238 2178343 1999775 89633 88935 20802959 17411983 1089642 2301334 16863385 8053198 8553889 256298 722159 722100 59 48263499 44694719 3385365 183415 25844127 22855456 1299044 1689627 2360572 1993403 256789 110380 46635320 41468354 5147172 19794 60546360 56078200 4211905 256255 705921 600722 83780 21419 Other expenses 32697795 30086544 1666065 945186 Purchase for resale 19815391 19757682 51889 5820 Books & Media 12208405 11949718 175524 83163 UBI Tax Expense 5740000 6078862 -346862 8000 1074708355 938517720 96874198 39316437 16864786 16210449 183312267 271237986 116530726 186371870 35080387 26113844 80391158 80252957 2890232 2780465 10996538 12899590 1737710722 768808636 955530939 968902086 1531725318 1571548549 3995418589 4107214260 3034721 3418272 24149693 18488837 6955925354 7265439165 71526314 64112375 39971691 42522931 541184998 533739998 52645132 50668620 49003488 47567583 518900000 512600000 605698438 699908927 1878930061 1951120434 X 1335008389 1298045779 2561992361 2772957507 1179994543 1243315445 5076995293 5314318731 6955925354 7265439165 X 319462054 -92166627 10028011 X 0 1 X 1 1 1 X 316726888 332464631 333926852 328376339 376972265 1688466975 316726888 332464631 333926852 328376339 376972265 1688466975 1688466975 68725704 83590566 77282857 72389012 76467488 378455627 15407679 7751255 24132825 47291759 6380084 7137463 4346678 5368452 1845165 25077842 2139292203 2320143567 0.78930 0.79810 X Part II, Line 10 Other income consists of income from split interest distributions, fundraising events and other miscellaneous income. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 1 25114 1 13300 0 0 38414 0 Part II-B, Line 1: Meetings were held with members of the State of New Hampshire Legislature for matters concerning higher education. Meetings were held with members of US Senator Ayotte's staff on sexual violence legislation. Joined with NACUBO and other universities to hire a lobbying firm to work on amendments to the Commodity Exchange Act that are of concern to higher education. Meetings were held with US Senators and Congressional Representatives to discuss matters relating to federally funded research programs. 20 15192650 4875525 24515743 1 1 X X X X 1 0 1 X 4468219689 59579814 349916940 47674135 166551228 4663491080 3733596412 147989901 777453327 42660486 148159464 4468219690 3486383419 34505250 404762060 42144259 149910058 3733596412 3413406772 60905749 197299445 41034271 144194276 3486383419 2998302307 52718726 541549240 39486695 139676806 3413406772 0.24910 0.25300 0.49790 0 0 19158177 19158177 1175415888 470945497 704470391 315844849 218556016 97288833 227291808 79307123 147984685 968902086 Private Equity/Venture Capital Limited Partnership 999864928 F Real Estate & Real Asset Limited Partnership 702817350 F Other Investments 1849625 F Fixed Income Securities and Commingled Funds 41483982 F Global Equity Commingled Funds 1183357109 F Marketable Alternative Strategies Commingled Funds 1145841266 F Investment Contributions in Advance 32000000 F 4107214260 Mark to market liability on interest rate swap agreements 167417028 Employee Benefit Liabilities 451354474 Pending Trades Liability 29359522 Conditional asset retirement obligation 23803939 Government advance, student loans 20491831 Other 7482133 699908927 X Part III, Line 1a: Dartmouth's collections include works of art, literary works, historical treasures, and artifacts that are maintained in its museum and libraries. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sale to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since Dartmouth's inception, are not recognized as assets in the Statement of Financial Position. Purchases of collection items are recorded in the Statement of Activities as non-operating decreases in unrestricted net assets in the year in which the items are acquired or in temporarily restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not recorded in the financial statements. Part III, Line 4: Collections at Dartmouth College exist in two primary areas: the Hood Museum of Art (the Hood) and the Dartmouth College library system. The Hood Museum of Art at Dartmouth College is one of the oldest and largest college museums in the country. The collections of the Hood, which number some 65,000 objects, are rich, diverse, and available for the use by both Dartmouth and the broader community. Access to works of art is provided through permanent collection displays, the online collections database, special exhibitions, the website, scholarly publications, and programs and events. These exhibits and programs are an exciting learning resource for students and the academic community. The Hood offers a vital curricular resource, a source for lectures, gallery talks, symposia, and receptions for the public, and an on-line database of thousands of works. The Dartmouth College Library fosters intellectual growth and advances the mission of Dartmouth College and affiliated communities by supporting excellence and innovation in education and research, managing and delivering information, and partnering to develop and disseminate new scholarship. The Rauner Special Collections Library houses Dartmouth's Archives, the Rare Books Collections, and the Manuscripts Collection. Dartmouth's Archives documents the history of the College through the historical records of the institution and the three professional schools, as well as the history of the surrounding area through selected collections related to local businesses and organizations. Totaling more than 100,000 volumes, Dartmouth's rare book collections constitute a resource of major importance to the institution and the scholarly world at large. The manuscript collections contain over six and a half million unique and original items. Dartmouth students, faculty, staff and outside researchers are all welcome to make use of Rauner Library's extensive holdings of rare books, manuscripts, and archival documents for their research. Part IV, Line 2b: Certain donors have established irrevocable split-interest agreements with Dartmouth, primarily charitable gift annuities, pooled life income funds, and irrevocable charitable remainder trusts, whereby the donated assets are invested and a liability is recognized for distributions to be made in accordance with the agreements. In addition, Dartmouth maintains the Dartmouth Donor Advised Fund (DDAF) to enable philanthropic individuals and families to streamline the management of their charitable gifts. Through the DDAF, Dartmouth receives, invests and administers gifts to Dartmouth and other charitable organizations on the donors' behalf. For all residential rental properties and some commercial rental properties, Dartmouth collects a security deposit which it holds in escrow to be used, if necessary, to pay for damages identified when the property is vacated. Part V, Line 4: Dartmouth's endowment plays a critical role in supporting the current and future work of Dartmouth. Its investment and spending policies are designed to balance the needs of current Dartmouth students with the needs of future generations of Dartmouth students. Earning long-term returns that maintain the inflation-adjusted purchasing power of the endowment underpins this concept of intergenerational equity. The endowment is composed of both restricted funds, for which donors designate a specific purpose for their gifts, and unrestricted funds. There are over 5700 separate funds that make up Dartmouth's endowment. Dartmouth's endowment spending policy seeks to balance the competing objectives of supporting the current generation of students and faculty with the need to preserve the endowment's purchasing power for future generations. Distributions from the endowment, which are approved annually by the Board of Trustees, are intended to support Dartmouth's mission by contributing funding to support financial aid, facilities, and a variety of needs in academic, research and student life activities. Part X, Line 2: Dartmouth believes it has taken no significant uncertain tax positions. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Dartmouth's racially nondiscriminatory policy is widely publicized through a variety of print and electronic media. The notification language set forth in Section 403 of Rev. Proc. 75-50 is included in Dartmouth's brochures and other publications which are available to the general public. Schedule E, Part I, Line 6 Dartmouth College received federal and state funding in support of its instructional and research programs. 1 Antarctica 0 0 Program Services Research 73482 Central America and the Caribbean 0 0 Investments 1203092674 Central America and the Caribbean 0 0 Program Services Research 9393 Central America and the Caribbean 0 0 Program Services Education and educational consulting 60058 Central America and the Caribbean 0 0 Program Services Study-abroad programs 146466 Central America and the Caribbean 0 0 Program Services Volunteer Services 109544 East Asia and the Pacific 0 0 Program Services Research 283446 East Asia and the Pacific 0 0 Program Services Education and educational consulting 1041087 East Asia and the Pacific 0 2 Program Services Study-abroad programs 348124 East Asia and the Pacific 0 0 Program Services Volunteer Services 47550 East Asia and the Pacific 0 0 Investments 107900 Europe 0 0 Investments 32320885 Europe 0 0 Program Services Research 1741402 Europe 0 0 Program Services Education and educational consulting 2194506 Europe 0 19 Program Services Study-abroad programs 2924242 Europe 0 0 Program Services Volunteer Services 61380 Middle East and North Africa 0 0 Program Services Research 71623 Middle East and North Africa 0 0 Program Services Education and educational consulting 70162 Middle East and North Africa 0 1 Program Services Study-abroad programs 81038 Middle East and North Africa 0 0 Program Services Volunteer Services 37528 North America 0 0 Program Services Research 399375 North America 0 0 Program Services Education and educational consulting 249599 North America 0 0 Program Services Study-abroad programs 228629 North America 0 0 Program Services Volunteer Services 24950 Russia and Neighboring States 0 0 Program Services Study-abroad programs 61813 Russia and Neighboring States 0 0 Program Services Education and educational consulting 17956 Russia and Neighboring States 0 0 Program Services Research 5346 South America 0 0 Program Services Research 144086 South America 0 0 Program Services Education and educational consulting 202653 South America 0 1 Program Services Study-abroad programs 194670 South America 0 0 Program Services Volunteer Services 54630 South Asia 0 0 Program Services Research 57674 South Asia 0 0 Program Services Education and educational consulting 276871 South Asia 0 0 Program Services Study-abroad programs 64189 South Asia 0 0 Program Services Volunteer Services 23480 Sub-Saharan Africa 0 0 Program Services Research 1019721 Sub-Saharan Africa 0 0 Program Services Education and educational consulting 164246 Sub-Saharan Africa 0 1 Program Services Study-abroad programs 286467 Sub-Saharan Africa 0 0 Program Services Volunteer Services 113103 Sub-Saharan Africa 0 0 Investments 14119664 0 0 0 24 0 24 1204816150 57715462 1262531612 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, Education 10625 Wire 1 Scholarships/Tuition Remission Central America and the Caribbean 5 0 76381 Student scholarships FMV Scholarships/Tuition Remission East Asia and the Pacific 33 0 457679 Student scholarships FMV Scholarships/Tuition Remission Europe 126 1820499 Student scholarships FMV Scholarships/Tuition Remission Middle East and North Africa 6 0 87293 Student scholarships FMV Scholarships/Tuition Remission North America 5 0 76381 Student scholarships FMV Scholarships/Tuition Remission Russia and Neighboring States 2 0 32735 Student scholarships FMV Scholarships/Tuition Remission South America 19 0 272791 Student scholarships FMV Scholarships/Tuition Remission South Asia 5 0 70926 Student scholarships FMV Scholarships/Tuition Remission Sub-Saharan Africa 11 0 158219 Student scholarships FMV 1 0 1 1 1 1 Schedule F Part I Line 2 Grants distributed by Darmouth consist primarily of scholarships, fellowships and related support given to Dartmouth students. Scholarships are awarded based on the financial need of the student. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Scholarships are credited to an individual student's account through the Banner Student Information System after the student is enrolled for the term (these credits are included in "non-cash assistance" in Part III above). Scholarship funds are withdrawn if the student ceases to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth faculty. Schedule F, Parts I, II and III Dartmouth keeps its books and records on the accrual basis of accounting. The information reported on Schedule F is also reported on the accrual basis of accounting. Development Raffle 115924 115924 4179 20527 Athletics Football 99415 37750 61665 8384 15040 21629 3 90808 72278 18530 4388 4735 2656 3326 3336 306147 110028 196119 8567 13119 17696 3326 45492 88200 107919 1 Colby Sawyer College 541 Main Street New London NH 03257 020222120 501(c)3 100000 Distribution from donor advised fund Noroton Presbyterian Church 2011 Post Road Darien CT 06820 236393377 501(c)3 25000 Distribution from donor advised fund Eastern College Athletic Conference 51 S Pearl Street Albany NY 12207 043524094 501(c)3 10000 Distribution from donor advised fund Albert Schweitzer Fellowship 330 Brookline Avenue Boston MA 02215 131982786 501(c)3 10000 Charitable Contribution Friends of The Frost Place Inc Ridge Road Box 74 Franconia NH 03580 264497702 501(c)3 6000 Charitable Contribution Hanover Chamber of Commerce 53 South Main Street Suite 208 Hanover NH 03755 020406892 501(c)6 6000 Charitable Contribution Ida Road Inc 470 Carlton Avenue Apt 3 Brooklyn NY 11238 472683523 30000 Prize/award from Dartmouth Ventures Thresher Ventures LLC 1513 Mintwood Drive McLean VA 22101 472301209 10000 Prize/award from Dartmouth Ventures Traveling Spoon Inc 3347 A 21st Street San Francisco CA 94110 463278543 25000 Prize/award from Dartmouth Ventures Walnut Hill School for the Arts 12 Highland Street Natick MA 01760 042103636 501(c)3 10000 Distribution from donor advised fund A Better Chance in Darien Inc PO Box 3204 Darien CT 06820 061030004 501(c)3 10000 Distribution from donor advised fund Darien Athletic Foundation Inc 17 Old Kings Highway S Suite 140 Darien CT 06820 461788767 501(c)3 10000 Distribution from donor advised fund Sunbeam Family Services Inc 1100 NW 14th Street Oklahoma City OK 73106 730590119 501(c)3 56292 Distribution from donor advised fund Greenwich Academy 200 N Maple Ave Greenwich CT 06830 060653118 501(c)3 7238 Distribution from donor advised fund Boys & Girls Harbor Inc 1 East 104th Street New York NY 100294495 136015256 501(c)3 10000 Distribution from donor advised fund Cross-Cultural Thresholds 43 Winding Ridge Road White Plains NY 10603 263924756 501(c)3 20000 Distribution from donor advised fund Fairfield County's Community Foundation Inc 383 Main Ave Norwalk CT 06851 061083893 501(c)3 10000 Distribution from donor advised fund Horizons at New Canaan Country School Inc PO Box 997 New Canaan CT 06840 060646765 501(c)3 50000 Distribution from donor advised fund Mount Sinai Medical Center One Gustave Levy Place Box 1049 New York NY 10029 136271888 501(c)3 10000 Distribution from donor advised fund New York Sun Works 157 Columbus Avenue Suite 432 New York NY 10023 200670312 501(c)3 10000 Distribution from donor advised fund Open Door Shelter Inc 4 Merritt St Norwalk CT 06854 222536909 501(c)3 30000 Distribution from donor advised fund StreetSquash Inc 40 West 116th Street New York NY 10026 134061809 501(c)3 10000 Distribution from donor advised fund The Maritime Aquarium at Norwalk Inc 10 North Water Street Norwalk CT 06854 061062912 501(c)3 15000 Distribution from donor advised fund Year Up 45 Milk Street 9th Floor Boston MA 02109 043534407 501(c)3 100000 Distribution from donor advised fund Challenged Athletes Foundation 9591 Waples Street San Diego CA 92121 330739596 501(c)3 25000 Distribution from donor advised fund Fencing In The Schools Inc 505 West 37th Street Suite 906 New York NY 100181144 453576364 501(c)3 10000 Distribution from donor advised fund Hopkins School 986 Forest Road New Haven CT 06515 060646674 501(c)3 50000 Distribution from donor advised fund Janet Burros Memorial Foundation 65 E 55th Street 25th Floor New York NY 10022 421670819 501(c)3 20000 Distribution from donor advised fund New York Police and Fire Widow's Children's Benefit Fund 767 Fifth Avenue Room 2621 New York NY 10153 133340675 501(c)3 25000 Distribution from donor advised fund Reach Prep Inc One Dock Street Suite 100 Stamford CT 06902 061438889 501(c)3 10000 Distribution from donor advised fund Teach for America Inc 370 James Street Suite 404 New Haven CT 06513 133541913 501(c)3 100000 Distribution from donor advised fund The Hildegard Behrens Foundation 276 Riverside Drive Suite 12F New York NY 10025 273202407 501(c)3 10000 Distribution from donor advised fund Caramoor Center for Music and the Arts PO Box 816 Katonah NY 10536 135643627 501(c)3 12500 Distribution from donor advised fund Greenwich Country Day School 401 Old Church Road Greenwich CT 06830 060646657 501(c)3 65000 Distribution from donor advised fund Planned Parenthood of Southern New England Inc 345 Whitney Avenue New Haven CT 06511 060263565 501(c)3 10000 Distribution from donor advised fund The Ecolint-American Foundation 5824 Steeplechase Drive Plano TX 75093 237056392 501(c)3 10000 Distribution from donor advised fund The Horace Mann School 231 West 246th Street Bronx NY 10471 131740455 501(c)3 15000 Distribution from donor advised fund Women's Information Service (WISE) 38 Bank Street Lebanon NH 03766 020646512 501(c)3 6346 Charitable Contribution Granite United Way 22 Concord Street Floor 2 Manchester NH 03301 026006033 501(c)3 6325 Charitable Contribution 35 4 Scholarships/Tuition Remission 3802 68801 132593672 FMV Student Scholarships/tuition remission and employee tuition reimbursement Fellowships 896 11897250 16444 FMV Student Fellowships/Employment Internships 647 1297135 2200 FMV Student Paid Internships Health Insurance Subsidy 692 8940 1660505 FMV Subsidize health insurance cost for graduate students Prizes and Awards 563 460672 60953 FMV Achievement recognition awards to individual students Part I, Line 2: Grants distributed by Dartmouth consist primarily of scholarships, fellowships and related support given to Dartmouth students. Scholarships are awarded based on the financial need of the student. Scholarship applications are reviewed by a financial aid officer. Financial aid officers are expected to recuse themselves from any case in which they either have a personal interest or feel they cannot be impartial. A random sampling of cases read by each undergraduate financial aid officer is reviewed by the Associate and Senior Associate Directors to ensure compliance with federal regulations, adherence to Dartmouth policies, consistency in results and accuracy. Scholarships are credited to an individual student's account through the Banner Student Information system after the student has enrolled for the term (these credits are included in "non-cash assistance" in Part III above) Scholarship funds are withdrawn if the student ceases to be enrolled. Fellowships are granted in support of a student's educational or research endeavors. All educational and research work is monitored by Dartmouth faculty. Dartmouth Ventures is an annual conference and contest on entrepeneurship sponsored by Tuck School of Business. The contest is open to any startup team or company having at least one member with a Dartmouth College affiliation. Entries are evaluated by a group of Dartmouth College alumni, entrepeneurs and expert business practitioners, on the basis of which business is most likely to create significant social and/or economic value. X X X X X 1 1 X X X X X 1 1 0 0 0 0 0 1 1 0 Philip Hanlon President 815635 0 0 0 56160 0 183400 0 69094 0 1124289 0 0 0 Carolyn Dever Provost (began 7/14) 417396 0 115400 0 42170 0 23400 0 41933 0 640299 0 0 0 Richard Mills EVP 638265 0 0 0 26 0 24483 0 5725 0 668499 0 0 0 Michael Wagner CFO 303509 0 0 0 26 0 23400 0 12599 0 339534 0 0 0 Lynda Baker VP Human Resources (through 4/15) 281575 0 0 0 26 0 23400 0 3766 0 308767 0 0 0 Duane Compton Interim Dean, Geisel (began 7/14) 329221 0 0 0 2662 0 22672 0 15327 0 369882 0 0 0 Robert Donin General Counsel 464607 0 0 0 14504 0 23400 0 7393 0 509904 0 0 0 Lisa Hogarty VP Campus Services (began 03/14) 230825 0 30000 0 18216 0 24513 0 8741 0 312295 0 0 0 Robert Lasher Sr VP for Advancement 457977 0 0 0 730 0 23400 0 5218 0 487325 0 0 0 Michael Mastanduno Dean of Faculty 387313 0 0 0 4443 0 23400 0 16240 0 431396 0 0 0 Pamela Peedin Chief Investment Officer 487965 0 670000 0 1955 0 23400 0 16546 0 1199866 0 0 0 Paul Argenti Professor of Corp Comm 604249 0 0 0 7550 0 18726 0 19585 0 650110 0 0 0 Paul Danos Dean,Tuck School of Business 785254 0 0 0 24073 0 23400 0 10897 0 843624 0 0 0 Sydney Finkelstein Professor of Management 667059 0 0 0 4928 0 23400 0 14004 0 709391 0 0 0 Richard Freeman Jr Chair,Department of Surgery 711201 0 0 0 100 0 23400 0 12149 0 746850 0 0 0 Alan Green Chair, Department of Psychiatry 638412 0 0 0 23510 0 23400 0 8365 0 693687 0 0 0 William Green Prof & Former Dean, Geisel 361521 0 0 0 26 0 23400 0 1324 0 386271 0 0 0 Ann Root Keith COO Advancement; Fmr Interim Sr VP 246709 0 0 0 1243 0 22013 0 15000 0 284965 0 0 0 Adam Keller TDI Chief of Strategy,Fmr EVP 268874 0 0 0 7157 0 23400 0 11678 0 311109 0 0 0 Myron McCoo Former VP & Chief HR Officer 0 0 0 0 308916 0 1410 0 0 0 310326 0 0 0 Wiley Souba Prof & Fmr Dean,Geisel(through 6/14) 801344 0 150000 0 40740 0 23400 0 11170 0 1026654 0 37500 0 Martin Wybourne Sr. Vice Prov Rsrch; Fm Interim Prov 401400 0 0 0 26 0 23400 0 5332 0 430158 0 0 0 Part I, Line 1a First-class travel Dartmouth travel policy allows for first or business class air travel for business purposes in limited circumstances. Consistent with this policy, on infrequent occasions senior officers flew first class with the President's approval. The lack of a major commercial airport within 80 miles of Dartmouth requires use of charter air travel to fulfill the business travel requirements of the President. For this reason, the President had access for business purposes to charter flight service, the cost of which was fully defrayed by private donations designated for this purpose. Travel for companions The President's wife, who is also an employee of Dartmouth, traveled with him for business purposes including participating in alumni events and meetings with key constituent donors on Dartmouth's behalf. Tax indemnification and gross-up payments During calendar 2014, Dartmouth elected to pay the tax obligations that arose from certain compensation transactions for two individuals. These payments were treated as taxable compensation. Housing Allowance or residence for personal use Dartmouth provided housing for the President and Provost. This arrangement was for Dartmouth's convenience and a condition of employment and therefore was not taxable to the individual. Dartmouth provided housing to the former Dean of the Geisel School of Medicine. The value of the housing was reported as taxable income. Personal Services Dartmouth provided housekeeping services for cleaning and maintaining the President's house. The value of services provided for personal living space was recognized as imputed income to the President. Part I, Lines 4a-b Receive a severence payment or change-of-control payment Myron McCoo received $288,766 in reportable compensation during calendar 2014 under a severance arrangement awarded during fiscal 2014. Participate in or receive payments from Nonqualified Retirement Plans Dartmouth provided the President with a nonqualified 457(f) supplemental retirement plan. The Plan provided for annual credits to the plan subject to vesting requirements based on continuation of employment through set dates. The President received $40,000 and accrued $160,000 relative to the Plan during the calendar year 2014. Part I, Line 7 Carolyn Dever, Provost, received a signing bonus of $115,400 during calendar year 2014. Lisa Hogarty, Vice President Campus Services, received a signing bonus of $30,000 during calendar year 2014. Pamela Peedin, Chief Investment Officer, received incentive compensation of $670,000 during calendar year 2014. Wiley (Chip) Souba, Former Dean of Geisel School of Medicine, received deferred compensation of $150,000 during calendar year 2014, pursuant to the terms of his original contract. $37,500 of this deferred compensation had been reported in prior years, as reflected in Column F. Part I, Line 8 Compensation paid to Carolyn Dever, Provost and Lisa Hogarty, VP of Campus Services is paid pursuant to contracts subject to the initial contract exception. A New Hampshire Health & Educ Facilities Authority 020279866 644614FP9 2003-03-12 113250000 Refund 6-1-93 issue 0 0 0 B New Hampshire Health & Educ Facilities Authority 020279866 644614RV3 2007-04-05 90000000 Refund 3-6-97 & 11-13-97 issues, issue costs, capital renovations 0 0 0 C New Hampshire Health & Educ Facilities Authority 020279866 644614RV3 2007-04-05 90000000 Issue cost, new construction, capital renovations, equipment 0 0 0 D New Hampshire Health & Educ Facilities Authority 020279866 644614YG8 2009-06-18 207389690 Refund 12-17-98 & 12-1-99 issues, issue cost, new constr, cap renov 0 0 0 A 44050000 1125000 1125000 1 0 1 1 B 335000 3099064 175986 17688 2905390 2009 1 0 1 1 C 15000000 93437682 3437682 471429 89528571 2009 0 0 1 1 D 164890998 152473 1042393 163696132 2012 1 0 1 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0.00890 0.00000 0.00890 0 0 1 C 0 1 0 0 0.00840 0.00840 0 0 1 D 0 1 0 0 0.00630 0.00040 0.00670 0 0 1 A 0 0 1 0 1 0 0 0 1 B 1 1 0 0 0 1 C 1 1 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Part II, Line 3, Col A The difference between issue price and total proceeds = ($112,125,000) to refinance prior issue. Part II, line 3, Col B The difference between issue price and total proceeds equals the sum of ($87,076,922) to refinance prior issues and $175,986 of investment income. Part II, line 3, Col C The difference between issue price and total proceeds equals $3,437,682 of investment income. Part II, line 3, Col D The difference between issue price and total proceeds equals the sum of ($42,651,166) to refinance prior issues and $152,473 of investment income. Part IV, line 4c, Col B & C $32M hedge with Wells Fargo Bank, NA, interest paid monthly at 3.774% and interest received at 72% of 1 month LIBOR, effective 6-1-07, maturity 6-1-27. Part IV, line 4c, Col B & C $53M hedged with Barclays Bank PLC, interest paid monthly at 3.777%, interest received at 72% of 1 month LIBOR, effective 6-1-07, maturity 6-1-28. Part IV, line 2c, Col D Arbitrage rebate calculation was prepared on November 8, 2013. The computation period was June 19, 2009 through June 18, 2013. Jack O'Connor Child of Grant Selection Committee Member 675 Scholarship Student tuition Lone Sierra LP Dartmouth Trustee and Lone Sierra, LP General Partner 26498025 Capital Contribution 0 TCV VI LP Dartmouth Trustee and TCV General Partner Capital Contribution 0 TCV VI LP Dartmouth Trustee and TCV General Partner 1010066 Capital Distribution 0 TCV VII(A) LP Dartmouth Trustee and TCV General Partner 752500 Capital Contribution 0 TCV VII(A) LP Dartmouth Trustee and TCV General Partner 4400538 Capital Distribution 0 TPG Dartmouth Trustee and TPG Founding Partner 1285004 Capital Contribution 0 TPG Dartmouth Trustee and TPG Founding Partner 1332354 Capital Distribution 0 HWA 555 Owners LLC Dartmouth Trustee and Owner of HWA 555 Owners, LLC 129630 Payments for rents in the ordinary course of business 0 Mary Donin Spouse of Key Employee 25167 Calendar 2014 compensation as an employee 0 Gail Gentes Spouse of Officer 53379 Calendar 2014 compensation as an employee 0 Kathy Green Spouse of Former Key Employee 56721 Calendar 2014 compensation as an employee 0 Paul Young Spouse of Officer 60738 Calendar 2014 compensation as an employee 0 X 49 71 $1 per allocation X 2 $1 per allocation X 4 $1 per allocation X 950 37025699 Market value X 7 10692760 Market value X 1 1 $1 per allocation X 1 1 $1 per allocation X 1 1 $1 per allocation X 1 1 $1 per allocation X 1 2 $1 per allocation X Specialized Equipment or Instruments 4 304 $1 per allocation X Self-created items 4 5 $1 per allocation X Horses 2 3 $1 per allocation 22 0 1 1 Part I, Column (b): The number of contributions for publicly traded securities is determined by counting each set of securities donated. For all other contributions, the number is determined by the number of contributions comprising the specific type of donation. Part I, Line 32b: Dartmouth occasionally uses third parties, including auction houses, to sell specialized items such as jewelry and art. Part I, Line 33: Pursuant to Accounting Standards Codification 958 (ASC 958), Dartmouth does not capitalize its collections, including works of art, literary works, historical treasures and artifacts that are maintained in its museums and libraries. Non-cash contributions of this nature are, therefore, not recognized as revenue for financial statements purposes, except for a nominal value of $1 each. These collections are protected and preserved for public exhibition, education, research and the furtherance of public service. Other non-cash contributions with no readily ascertainable fair value or which are deemed immaterial are not recognized as revenue for financial statement purposes, except for a nominal value of $1 each. Form 990, Part VI, Section B, line 11 The 990 review process is as follows: A draft of the completed Form 990 is sent to the Audit Committee and a draft of the sections concerning compensation is sent to the Compensation Committee. The Compensation Committee may contact management or the Audit Committee with any questions or concerns on the compensation sections. The Audit Committee then meets with senior management personnel to review the process by which the Form 990 was prepared, discuss any items of significance, and resolve any questions. The Audit Committee then votes to accept the Form 990 based on management's representations. Prior to the return being filed, a draft of the complete Form 990 is provided to the full board. At the next meeting of the Board of Trustees, the Audit Committee reports to the full Board on the results of its review. Form 990, Part VI, Section B, line 12c Compliance with Dartmouth's institution-wide Conflict of Interest policy (www.dartmouth.edu/~osp/resources/policies/dartmouth/cofinterest.html) is required by College policy. Compliance is enforced and monitored by the Office of the General Counsel, which reviews information concerning potential conflicts solicited from approximately 350 trustees, faculty, and staff members each year. Compliance with the requirements of the Policy concerning researchers engaged in externally sponsored research is enforced and monitored by the Office of the Provost, and particularly by the Office of Sponsored Projects and the Conflict of Interest Committee of the Council on Sponsored Activities which, in accordance with federal regulations, solicit information from researchers concerning financial interests that may affect or be affected by proposed research. In addition, the Office of the General Counsel and the Investment Office enforce and monitor compliance with the Policy on Pecuniary Benefit Transactions and Related Party Investments. Form 990, Part VI, Section B, line 15 The process for determining the compensation of Dartmouth's President and other officers and key employees is as follows: (1) Comparability data are gathered by the Vice President of Human Resources from a compensation survey conducted by a nationally-known compensation consulting firm. (2)Recommendations for compensation adjustments for officers and key employees are prepared by the President, using comparability data and a review of the employee's performance. (3) The President's recommendations are presented for approval to the Compensation Committee of the Board, together with the comparability data. (4) Comparability data for the President's compensation is also presented to the Compensation Committee by the Vice President of Human Resources. The Board of Trustees approves the President's compensation. The President and the Investment Committee jointly approve the Chief Investment Officer's compensation. Form 990, Part VI, Section C, line 19 Dartmouth makes its governing document (The Charter of Dartmouth College), conflict of interest policies and financial statements available to the public by posting these documents on its website. Form 990, Part XI, line 9: Net unrealized change in value of non-investment items 172,910. Net change in split-interest agreements 10,712,363. Transfer of agency funds -857,262. Form 990 Part IV, Line 28c, Business Transactions with Interested Persons: A special and rigorous conflict-of-interest policy applies to Dartmouth investments with firms in which related parties (e.g., Trustees or non-Trustee Investment Committee members) have a financial interest. Under the New Hampshire Pecuniary Benefit Law (Revised Statutes Annotated, Chapter 7:19-a) and Dartmouth's Policy on Pecuniary Benefit Transactions and Related Party Investments, such investments are strictly regulated. Before such an investment may be made, the Investment Office must submit to the Board of Trustees an analysis (1) documenting the past performance of funds managed by the firm in question; and (2) comparing the terms of the proposed investment with the terms of other recent similar investments not involving related parties. The analysis must also document that Dartmouth's investment would not comprise more than 10% of the fund and that other institutional investors have committed to participate in the same fund. Based on this information, the proposed investment is considered by the Investment Committee of the Board of Trustees, the Audit Committee, and the full Board. In each instance, any Trustee or non-Trustee Investment Committee member associated with the firm involved in the investment must be recused from the discussion and vote. The investment may not be made unless the Investment Committee and the Board each give their approval by a two-thirds vote. Approval requires a finding that the proposed investment is fair and reasonable to Dartmouth and that it is no less favorable than the terms of similar recent investments made by Dartmouth not involving related parties. In accordance with State law, a notice of the proposed investment--identifying the related party, the investment firm, and the amount of the investment--is then filed with the State Attorney General's Office and published in the local daily newspaper. Dartmouth Educational Loan Corporation 7 Lebanon St Suite 302 Hanover NH 03755 020362923 Educational Loan NH 501(c)(3) Line 11a, I Trustees of Dartmouth College 1 Centerra Marketplace Inc 7 Lebanon St Suite 302 Hanover NH 03755 043369425 Real Estate Holding NH 501(c)(25) Trustees of Dartmouth College 1 Seven Lebanon Street Inc 7 Lebanon St Suite 302 Hanover NH 03755 020514301 Real Estate Holding NH 501(c)(25) Trustees of Dartmouth College 1 South Street Downtown Holdings Inc 7 Lebanon St Suite 302 Hanover NH 03755 020518373 Real Estate Holding NH 501(c)(25) Trustees of Dartmouth College 1 Foundation for Jewish Life at Dartmouth 7 Lebanon St Suite 302 Hanover NH 03755 020486238 Real Estate Holding NH 501(c)(2) Trustees of Dartmouth College 1 Hamden Assurance Risk Retention Group Inc 30 Main Street Suite 330 Burlington VT 05401 208530788 Insurance VT 501(c)(3) Line 11a, I Dartmouth-Hitchcock Clinic 0 Dartmouth College Trust 7 Lebanon St Suite 302 Hanover NH 03755 Fundraising UK Trustees of Dartmouth College 1 The Dartmouth Educational Association 3 Stoneview Lane Sharon MA 02067 046045227 Educational Loan MA 501(c)(3) Line 11c, III-FI N/A 0 Dartmouth-Hitchcock Medical Center One Medical Center Drive Lebanon NH 037560001 222715483 Health Care Administration NH 501(c)(3) Line 11a, I N/A 0 Angeli Parvi 26117 Todd Lane Los Altos Hills CA 94022 770547940 Suporting Organization CA 501(c)(3) Line 11b, II N/A 0 Northaven Capital Partners LP 275 Madison Ave 6th Floor New York NY 10016 205997852 Real Estate Investment NY N/A Related 626246 17878455 0 0 0.91960 RP Realty Partners Retail Entrepreneurial Fund III-B LP 550 S Hope Street Suite 2200 Los Angeles CA 90071 261340426 Real Estate Investment CA N/A Related 1437293 7686969 0 -2008 0 0.99990 Sarofim Multifamily Partners II LP 8115 Preston Rd Suite 400 Dallas TX 75225 208782507 Real Estate Investment TX N/A Related 6130262 -647008 0 0 0.50130 Charitable Remainder Unitrusts (80) Fundraising/Development NH Trustees of Dartmouth College T 0 Pooled Income Funds (3) Fundraising/Development NH Trustees of Dartmouth College T 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 Dartmouth Educational Loan Corporation A 2102100 Cost Dartmouth Educational Loan Corporation R 926773 Cost Dartmouth Educational Loan Corporation L 235820 Cost Dartmouth Educational Loan Corporation Q 154410 Cost Foundation for Jewish Life at Dartmouth L 87326 Cost Foundation for Jewish Life at Dartmouth S 51100 Cost Foundation for Jewish Life at Dartmouth R 173624 Cost Seven Lebanon Street Inc K 1272532 Cost Seven Lebanon Street Inc S 338000 Cost Seven Lebanon Street Inc L 102194 Cost South Street Downtown Holdings Inc L 177385 Cost South Street Downtown Holdings Inc K 115337 Cost South Street Downtown Holdings Inc S 861000 Cost Centerra Marketplace Inc S 409000 Cost RP Realty Partners Retail Entrepreneurial Fund III-B LP R 110926 Cost RP Realty Partners Retail Entrepreneurial Fund III-B LP S 630120 Cost Sarofim Multifamily Partners II LP S 9666667 Cost Charitable Remainder Trusts(4) S 2719854 Cost Dartmouth College Trust S 306768 Cost Northaven Capital Partners S 923000 Cost Part IV, Charitable Remainder Trusts and Pooled Income Funds Dartmouth College controls a total of 80 Charitable Remainder Trusts and 3 Pooled Income Funds, all domiciled in the State of New Hampshire.