2016-05-13T15:33:31-07:00 2015-06-30 990 2014-07-01 141338587 Vassar College VASS 8454377000 124 Raymond Ave Box 12 Poughkeepsie NY 12604 Angelique Zalaznick Controller 8454375890 2016-05-13 2014 2016-08-17 19:52:53Z Catharine Bond Hill 124 Raymond Box 1 Poughkeepsie NY 12604 384782329 0 X www.vassar.edu X 1861 NY THE MISSION OF VASSAR COLLEGE IS TO MAKE ACCESSIBLE "THE MEANS OF A THOROUGH, WELL-PROPORTIONED AND LIBERAL EDUCATION" THAT INSPIRES EACH INDIVIDUAL TO LEAD A PURPOSEFUL LIFE. THE COLLEGE MAKES POSSIBLE AN EDUCATION THAT PROMOTES ANALYTICAL, INFORMED, AND INDEPENDENT THINKING AND SOUND JUDGMENT; ENCOURAGES ARTICULATE EXPRESSION; AND NURTURES INTELLECTUAL CURIOSITY, CREATIVITY, RESPECTFUL DEBATE AND ENGAGED CITIZENSHIP. VASSAR SUPPORTS A HIGH STANDARD OF ENGAGEMENT IN TEACHING AND LEARNING, SCHOLARSHIP AND ARTISTIC ENDEAVOR; A BROAD AND DEEP CURRICULUM; A COMMUNITY DIVERSE IN BACKGROUND AND EXPERIENCE; AND A RESIDENTIAL CAMPUS THAT FOSTERS A LEARNING COMMUNITY. 35 34 3618 4245 1317797 0 31344793 34360332 148467980 154498653 64406467 46586842 3465264 3415461 247684504 238861288 58034169 58760671 0 0 106997824 110873228 14480 0 9848664 71824710 72597363 236871183 242231262 10813321 -3369974 1592140484 1572378943 350827114 347997570 1241313370 1224381373 THE MISSION OF VASSAR COLLEGE IS TO MAKE ACCESSIBLE "THE MEANS OF A THOROUGH, WELL-PROPORTIONED AND LIBERAL EDUCATION" THAT INSPIRES EACH INDIVIDUAL TO LEAD A PURPOSEFUL LIFE. THE COLLEGE MAKES POSSIBLE AN EDUCATION THAT PROMOTES ANALYTICAL, INFORMED, AND INDEPENDENT THINKING AND SOUND JUDGMENT; ENCOURAGES ARTICULATE EXPRESSION; AND NURTURES INTELLECTUAL CURIOSITY, CREATIVITY, RESPECTFUL DEBATE AND ENGAGED CITIZENSHIP. VASSAR SUPPORTS A HIGH STANDARD OF ENGAGEMENT IN TEACHING AND LEARNING, SCHOLARSHIP AND ARTISTIC ENDEAVOR; A BROAD AND DEEP CURRICULUM; A COMMUNITY DIVERSE IN BACKGROUND AND EXPERIENCE; AND A RESIDENTIAL CAMPUS THAT FOSTERS A LEARNING COMMUNITY. 0 0 73500253 58696471 150658633 INSTRUCTION - VASSAR STUDENTS CHOOSE AMONG 30 DEPARTMENTS, 6 INTERDISCIPLINARY PROGRAMS, 11 MULTIDISCIPLINARY PROGRAMS, 51 MAJORS, AND APPROXIMATELY 1,000 COURSES TO CHART A RIGOROUS COURSE OF STUDY THAT EXPLORES THEIR MOST COMPELLING INTERESTS. 20884050 0 0 ACADEMIC SERVICES - ADVISING AND SUPPORT SERVICES TO PROVIDE GUIDANCE TO OUR STUDENTS TO HELP THEM ACCOMPLISH THEIR GOALS. THE MISSION OF THE ACADEMIC SERVICES DIVISION IS TO ENSURE AND TO STRENGTHEN THEIR FULFILLING EXPERIENCE AS A VASSAR STUDENT. 17431894 0 0 STUDENT SERVICES - AS A RESIDENTIAL COLLEGE, VASSAR IS COMMITTED TO PROVIDING SUPPORT SERVICES TO HELP STUDENTS MAKE THE MOST OF THEIR TIME AT VASSAR. THE OFFICE OF THE DEAN OF THE COLLEGE OVERSEES AND COORDINATES SERVICES THAT DIRECTLY IMPACT THE QUALITY OF STUDENT LIFE, BOTH ACADEMIC AND NON-ACADEMIC. 81343138 64200 7466715 OTHER PROGRAM SERVICES INCLUDE RESEARCH AND AUXILIARY ENTERPRISE EXPENDITURES AND OTHER MISCELLANEOUS REVENUE. 81343138 64200 7466715 193159335 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 2480 0 3618 1 1 1 1 EI IT SP UK 0 0 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 AR AZ CO MA MI MN MS NC NH NJ NY OR SC VA WA X X Angelique Zalaznick Controller 8454375890 124 Raymond Ave Box 12 Poughkeepsie NY 12604 KAREN HERSKOVITZ ACKMAN TRUSTEE 2 0 X 0 0 0 JOHN P ARNHOLD TRUSTEE 3 0 X 0 0 0 JAMSHED J BHARUCHA TRUSTEE 2 0 X 0 0 0 BETH BURNAM TRUSTEE 2 0 X 0 0 0 MARK BURSTEIN TRUSTEE 2 0 X 0 0 0 JOSEPHINE BENZ CARPENTER TRUSTEE 2 0 X 0 0 0 DARYS ESTRELLA TRUSTEE 2 0 X 0 0 0 LINDA FAIRSTEIN TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 RICHARD FEITLER TRUSTEE 2 0 X 0 0 0 ANTHONY J FRISCIA TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 JEFFREY A GOLDSTEIN TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 LORNA BADE GOODMAN TRUSTEE 2 0 X 0 0 0 HEATHER STURT HAAGA TRUSTEE 2 0 X 0 0 0 MARYELLEN CATTANI HERRINGER TRUSTEE 2 0 X 0 0 0 HUANG HUNG TRUSTEE 2 0 X 0 0 0 STEPHANIE M HYACINTH TRUSTEE 2 0 X 0 0 0 PHILIP N JEFFERSON TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 HENRY P JOHNSON TRUSTEE AND COMMITTEE CHAIR 6 0 X 0 0 0 LISA KUDROW TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 GERALDINE BOND LAYBOURNE TRUSTEE 2 0 X 0 0 0 SUSAN ZADEK MANDEL TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 KENNETH W MILES TRUSTEE 2 0 X 0 0 0 MARIAN PHELPS PAWLICK TRUSTEE 2 0 X 0 0 0 WILLIAM A PLAPINGER TRUSTEE AND BOARD CHAIR 10 0 X 0 0 0 THE HONORABLE RICHARD W ROBERTS TRUSTEE 2 0 X 0 0 0 MILBREY RENNIE TAYLOR TRUSTEE 2 0 X 0 0 0 STEVEN A TANANBAUM TRUSTEE 2 0 X 0 0 0 KAREN STRAIN SMYTHE TRUSTEE 2 0 X 0 0 0 DEBRA BETH FAGEL TREYZ TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 BARBARA MANFREY VOGELSTEIN TRUSTEE AND COMMITTEE CHAIR 8 0 X 0 0 0 NORA ANN WALLACE TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 JILL TROY WERNER TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 CHRISTIANNA WOOD TRUSTEE AND COMMITTEE CHAIR 4 0 X 0 0 0 PAMELA MARS WRIGHT TRUSTEE 2 0 X 0 0 0 CATHARINE BOND HILL PRESIDENT AND TRUSTEE 40 0 X X 436840 0 265856 CATHERINE BAER VP FOR ALUMNAE AFFAIRS/DEVELOPMENT 40 0 X 319767 0 57921 MARIANNE BEGEMANN DEAN OF STRATEGIC PLANNING AND ACADEMIC RESOURCES 40 0 X 187304 0 90865 MICHAEL CATO CHIEF INFORMATION OFFICER 40 0 X 176423 0 46407 JONATHAN CHENETTE DEAN OF FACULTY 40 0 X 248524 0 92496 STEPHEN DAHNERT ASSOC VP FOR FINANCIAL SERVICES AND TREASURER 40 0 X 173253 0 82761 SUSAN DEKREY VP FOR COMMUNICATIONS 40 0 X 188963 0 56743 JOHN FEROE SECRETARY OF THE BOARD 40 0 X 186639 0 48841 CHRISTOPHER ROELLKE DEAN OF THE COLLEGE 40 0 X 177961 0 148537 ROBERT WALTON VP FOR FINANCE AND ADMINISTRATION 40 0 X 267294 0 82934 ANGELIQUE ZALAZNICK CONTROLLER - EFFECTIVE OCTOBER 2014 40 0 X 96688 0 30834 ROBERT DEMARIA PROFESSOR OF ENGLISH 40 0 X 199820 0 47700 RICHARD WILSON PROFESSOR OF MUSIC 40 0 X 196868 0 46862 PAUL A RUUD PROFESSOR OF ECONOMICS 40 0 X 190895 0 44877 JAMES MERRELL PROFESSOR OF HISTORY 40 0 X 187339 0 60607 NANCY IDE PROFESSOR OF COMPUTER SCIENCE 40 0 X 176444 0 41624 3411022 0 1245865 180 0 1 0 DANIEL O'CONNELL'S SONS 480 HAMPDEN STREET HOLYOKE MA 01040 CONSTRUCTION SERVICES 41764618 ARAMARK SERVICES INC 80 GLASTONBURY BLVD SUITE 3 MADISON CT 06443 FOOD SERVICE 4121990 STORM KING GROUP INC 720 NEELYTOWN ROAD MONTGOMERY NY 12549 CONSTRUCTION SERVICES 3864139 AETOS ALTERNATIVES MANAGEMENT LLC 875 Third Avenue New York NY 10022 INVESTMENT ADVISOR 2603540 ENNEAD ARCHITECTS LLP 320 West 13th Street 8th Floor New York NY 10014 ARCHITECT 1358368 50 64000 0 0 0 2244699 32051633 7104241 34360332 TUITION AND FEES 611310 126268074 126268074 0 0 ROOM AND BOARD 611310 24390559 24390559 0 0 SUMMER PROGRAMS 611600 201737 201737 0 0 OTHER REVENUE 900099 3638283 3638283 0 0 0 0 0 0 154498653 11140465 1381 1317797 9821287 0 0 0 0 0 0 0 0 353361 0 563214 0 -209853 0 -209853 0 0 -209853 179261956 34231 143849810 0 35412146 34231 35446377 0 0 35446377 0 1840072 1508017 332055 332055 0 0 MISCELLANEOUS 611310 3293259 3293259 0 0 0 0 0 0 3293259 238861288 158125348 1317797 45057811 64200 64200 58009085 58009085 687386 687386 0 0 3400737 1990207 865044 545486 58989 58989 0 0 77537301 62029841 11630595 3876865 6028451 4973472 753556 301423 18031570 14876045 2253946 901579 5816180 4652944 872427 290809 0 0 0 0 473505 0 473505 0 359713 0 359713 0 0 0 0 0 0 0 5809134 0 5809134 0 3725292 2283769 191756 1249767 781384 563475 39507 178402 8128790 4877274 3007652 243864 1089482 1084092 4516 874 44629 37230 7399 0 6415391 3977542 2373695 64154 2659463 1648867 292541 718055 0 0 0 0 1761373 531379 434402 795592 7765846 6217067 1393901 154878 0 0 0 0 19169563 15566037 3243174 360352 785596 198003 486184 101409 LIBRARY MATERIALS 2630883 2630883 0 0 JYA PROGRAMS 2842800 2842800 0 0 OTHER 4095216 3358341 671720 65155 FOOD SERVICES 4054598 0 4054598 0 4705 407 4298 0 242231262 193159335 39223263 9848664 2536672 7232456 120068806 53676593 28018527 24699345 623753 545823 3231791 3322178 670944 823730 10490929 5617406 794104309 321777653 431067902 472326656 476123030 475008251 509709973 517443128 9598157 11683377 1592140484 1572378943 31201665 26935355 3732462 3958875 252800000 250895000 63092987 66208340 350827114 347997570 X 354206030 346097195 557629686 535606447 329477654 342677731 1241313370 1224381373 1592140484 1572378943 X -3369974 -14084450 0 0 0 522427 X 0 1 X 1 1 1 X 46932746 38339251 73889315 31344793 34360332 224866437 46932746 38339251 73889315 31344793 34360332 224866437 1597021 223269416 12334418 12831579 11391962 14230630 11493826 62282415 0 0 208543 0 0 208543 4869539 5084493 4608748 4332841 5133331 24028952 311386347 716033267 0.71702 0.7068 X Schedule A, Part II, Line 10 OTHER INCOME INCLUDES REVENUE FROM SUMMER PROGRAMS, SALE OF INVENTORY AND OTHER MISCELLANEOUS REVENUE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 0 Schedule C, Part II-B, Line 1 THE COLLEGE PAYS MEMBERSHIP DUES TO SEVERAL ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. X 1 1 0 0 0 1 0 12 0 0 1673075 53572794 0 0 X X X X X INSTRUCTION 1 974179926 23752988 22039331 13110055 23887815 0 982974375 868744442 33637551 123797933 12014840 39985160 0 974179926 804912006 14896339 93117794 11535277 32646420 0 868744442 814130058 17744816 15611923 10941139 31633652 0 804912006 699492470 14765503 139270779 10340803 29057891 0 814130058 0.1657 0.3239 0.5104 1 0 539843 1586030 2125873 4158381 424883365 176479072 252562674 0 4324489 1692570 2631919 0 85483209 79126319 6356890 0 273128992 64479692 208649300 472326656 HEDGE FUNDS 314666686 F INSTITUTIONAL MUTUAL FUNDS 17243482 F BALANCED ACCOUNTS 241486 F REAL ESTATE, OIL & GAS PARTNERSHIPS 87602267 F VENTURE CAPITAL 97689207 F 517443128 0 Refundable Government Loan Funds 2513705 Present Value of Beneficiary Payments 12401841 Deposits held for Others 4109114 Accrued Pension Obligation 10366797 Asset Retirement Obligation 10378857 Accrued Post Retirement Benefit Obligation 26438026 66208340 X 161005638 -14084450 0 0 705004 -13379446 174385084 5779733 58696471 64476204 238861288 177937635 0 0 0 1506684 1506684 176430951 5779733 60020578 65800311 242231262 Schedule D, Part II, Line 9 THE COLLEGE'S CONSERVATION EASEMENT HAS NO ATTRIBUTED VALUE AND IS NOT RECORDED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 THE COLLEGE'S FRANCES LEHMAN LOEB ART CENTER MAINTAINS COLLECTIONS OF PAINTINGS, SCULPTURES, PRINTS, PHOTOGRAPHS, AND CERAMICS FOR USE BY FACULTY AND STUDENTS AS A COMPLEMENT TO THE CURRICULUM IN A VARIETY OF INSTRUCTIONAL DISCIPLINES. Schedule D, Part V, Line 4 THE COLLEGE'S ENDOWMENT FUNDS ARE MAINTAINED ACCORDING TO DONOR RESTRICTIONS AND EARNINGS ARE USED TO SUPPORT SCHOLARSHIPS AND A VARIETY OF PROGRAMS INCLUDING INSTRUCTION, RESEARCH, AND ACADEMIC SUPPORT. Schedule D, Part X, Line 2 THE COLLEGE GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITION ONLY WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF EXAMINATION BY TAX AUTHORITIES. IN EVALUATING WHETHER A TAX POSITION HAS MET THE RECOGNITION THRESHOLD, THE COLLEGE MUST PRESUME THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. ASC 740 ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. TAX POSITIONS DEEMED TO MEET THE "MORE LIKELY THAN NOT" THRESHOLD ARE RECORDED AS A TAX EXPENSE IN THE CURRENT YEAR. THE COLLEGE HAS ANALYZED ALL OPEN TAX YEARS AND BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. Schedule D, Part XI, Line 2d ADJUSTMENT FOR MINIMUM PENSION LIABILITY (590,374); COST OF GOODS SOLD 1,508,017; POST RETIREMENT BENEFIT CHANGES OTHER THAN NET PERIODIC COSTS (359,873); EXEMPT INTEREST SEPARATELY REPORTED 1,381; RENT INCOME, NET OF EXPENSE 209,853; GRANTS AND OTHER ASSISTANCE TO US ORGANIZATIONS (64,000); TOTAL 705,004 Schedule D, Part XI, Line 4b SCHOLARSHIPS 58,696,471 Schedule D, Part XII, Line 2d COST OF GOODS SOLD-COMPUTER STORE AND COLLEGE STORE 1,508,017; REIMBURSEMENT FOR EXPENSES INCURRED ON BEHALF OF VENDOR-BOOKSTORE (1,333); TOTAL 1,506,684 Schedule D, Part XII, Line 4b ADJUSTMENT FOR MINIMUM PENSION LIABILITY 590,374; SCHOLARSHIPS 58,696,471; ADJUSTMENT FOR MINIMUM PENSION LIABILITY 733,733; TOTAL 60,020,578 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 VASSAR COLLEGE PUBLICIZES ITS NON-DISCRIMINATORY POLICY VIA BROCHURES MAILED TO ALL POTENTIAL STUDENTS AS WELL AS ON THE COLLEGE'S WEBSITE. Schedule E, Part I, Line 6 VASSAR COLLEGE PARTICIPATES IN THE U.S. DEPARTMENT OF EDUCATION TITLE IV AID PROGRAMS AND REGULARLY RECEIVES AWARDS FOR RESEARCH FROM SEVERAL FEDERAL AGENCIES. THE COLLEGE ALSO RECEIVES FUNDING FROM NEW YORK STATE'S BUNDY PROGRAM. 1 Europe (including Iceland and Greenland) 6 6 Program Services Academic instruction 1200195 Europe (including Iceland and Greenland) 0 0 Grantmaking Scholarships 632004 Russia and the newly independent States 1 1 Program Services Academic instruction 137574 Russia and the newly independent States 0 0 Grantmaking Scholarships 55382 Central America and the Caribbean 0 0 Investments Investments 279505425 7 7 281530580 Scholarships Europe (including Iceland and Greenland) 34 632004 check Scholarships Russia and the newly independent States 4 55382 check 1 0 1 1 1 1 Schedule F, Part I, Line 2 STUDENTS WHO ARE AWARDED SCHOLARSHIPS HAVE FUNDS CREDITED TO THEIR ACCOUNT AND USE IS RESTRICTED TO PURPOSES RELATED TO ENROLLMENT IN A PROGRAM OF STUDY. Schedule F, Part I, Line 3 EXPENSES ARE ACCOUNTED FOR USING THE ACCRUAL METHOD OF ACCOUNTING AND INVESTMENTS ARE ACCOUNTED FOR USING THE FAIR MARKET VALUE. 1 Family Services Inc 50 N Hamilton Street Poughkeepsie NY 12601 141338399 501(c)(3) 12200 Basic needs assistance Dutchess County SPCA 636 Violet Avenue Hyde Park NY 12538 141340058 501(c)(3) 6100 Provide shelter for neglected animals Dutchess Outreach Inc 29 N Hamilton Street No1 Poughkeepsie NY 12601 222339537 501(c)(3) 6100 Basic needs assistance GLSEN Hudson Valley PO Box 604 Yorktown Heights NY 10598 133942454 501(c)(3) 6100 School Community Development Hudson River Housing Inc 313 Mill Street Poughkeepsie NY 12601 222456648 501(c)(3) 6100 Homeless shelter emergency housing REAL Skills Network 126 S Cherry Street Poughkeepsie NY 12601 261086662 501(c)(3) 6100 Life skills for Youth 6 0 FELLOWSHIPS WITH REQUIRED PERIODIC WRITTEN REPORTS OF ACTIVITIES TO THE COLLEGE 96 624222 SCHOLARSHIPS RESTRICTED TO PURPOSES RELATED TO ENROLLMENT IN A PROGRAM OF STUDY 1462 57384863 Schedule I, Part I, Line 2 VASSAR COLLEGE RAISES FUNDS FOR, AND MAKES CONTRIBUTIONS TO, A WIDE VARIETY OF 501(C)(3) ORGANIZATIONS IN THE GREATER POUGHKEEPSIE AREA. THESE ORGANIZATIONS ARE SELECTED ANNUALLY BY A COMMITTEE OF EMPLOYEES AND STUDENTS AFTER REVIEW OF THEIR ACTIVITIES AND MISSION. EMPLOYEES AND STUDENTS ALSO VOLUNTEER TIME AT EACH ORGANIZATION. FUNDS ARE COLLECTED ANNUALLY FROM THE GIFTS OF EMPLOYEES, STUDENTS, TRUSTEES AND FRIENDS OF VASSAR AS PART OF THE "COMMUNITY WORKS" CAMPAIGN. VASSAR ALSO MAKES SMALL CONTRIBUTIONS TO OTHER LOCAL NON-PROFIT AND GOVERNMENTAL ENTITIES WHO ARE NOT PART OF THE CAMPAIGN. Schedule I, Part III STUDENTS WHO ARE AWARDED SCHOLARSHIPS HAVE FUNDS CREDITED TO THEIR ACCOUNT AND THE USE IS RESTRICTED TO PURPOSES RELATED TO ENROLLMENT IN A PROGRAM OF STUDY. RECIPIENTS OF FELLOWSHIPS ARE REQUIRED TO SUBMIT PERIODIC WRITTEN REPORTS OF THEIR ACTIVITIES TO THE COLLEGE. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 CATHARINE BOND HILL PRESIDENT AND TRUSTEE 427001 0 0 0 9839 0 192274 0 73582 0 702696 0 0 0 CATHERINE BAER VP FOR ALUMNAE AFFAIRS/DEVELOPMENT 281877 0 0 0 37890 0 31200 0 26721 0 377688 0 32216 0 MARIANNE BEGEMANN DEAN OF STRATEGIC PLANNING AND ACADEMIC RESOURCES 183223 0 0 0 4081 0 22140 0 68725 0 278169 0 0 0 MICHAEL CATO CHIEF INFORMATION OFFICER 167297 0 0 0 9126 0 20655 0 25752 0 222830 0 0 0 JONATHAN CHENETTE DEAN OF FACULTY 247336 0 0 0 1188 0 30618 0 61878 0 341020 0 0 0 STEPHEN DAHNERT ASSOC VP FOR FINANCIAL SERVICES AND TREASURER 172911 0 0 0 342 0 21478 0 61283 0 256014 0 0 0 SUSAN DEKREY VP FOR COMMUNICATIONS 186753 0 0 0 2210 0 23604 0 33139 0 245706 0 0 0 CHRISTOPHER ROELLKE DEAN OF THE COLLEGE 177701 0 0 0 259 0 23580 0 124957 0 326497 0 0 0 ROBERT WALTON VP FOR FINANCE AND ADMINISTRATION 266601 0 0 0 693 0 31200 0 51734 0 350228 0 0 0 JOHN FEROE SECRETARY OF THE BOARD 181753 0 0 0 4886 0 22487 0 26354 0 235480 0 0 0 ROBERT DEMARIA PROFESSOR OF ENGLISH 194254 0 0 0 5566 0 23950 0 23749 0 247519 0 0 0 RICHARD WILSON PROFESSOR OF MUSIC 193081 0 0 0 3787 0 23756 0 23106 0 243730 0 0 0 PAUL A RUUD PROFESSOR OF ECONOMICS 187183 0 0 0 3712 0 22902 0 21975 0 235772 0 0 0 JAMES MERRELL PROFESSOR OF HISTORY 186207 0 0 0 1133 0 23503 0 37104 0 247947 0 0 0 NANCY IDE PROFESSOR OF COMPUTER SCIENCE 174508 0 0 0 1937 0 21227 0 20396 0 218068 0 0 0 Schedule J, Part I, Line 1a ON CAMPUS HOUSING IS PROVIDED FOR THE PRESIDENT, DEAN OF FACULTY, AND DEAN OF THE COLLEGE AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGE. THE ESTIMATED VALUE OF THIS HOUSING IS INCLUDED IN PART II, COLUMN D. ANNUAL DUES FOR CLUBS ARE PAID BY THE COLLEGE AND PROVIDED TO THE PRESIDENT FOR THE BENEFIT OF THE COLLEGE. DUES PAID ACCORDING TO CONTRACT ARE TREATED AS IMPUTED INCOME AND ARE INCLUDED IN PART II, COLUMN B III. Schedule J, Part I, Line 4 LINE 4B: THE COLLEGE MAINTAINS A CLOSED, SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN FOR CERTAIN OFFICERS AND FORMER OFFICERS. THE PLAN HAS BEEN CLOSED SINCE 2004. WITHDRAWALS FROM THE PLAN ARE REPORTED AS TAXABLE INCOME TO THE PARTICIPANT IN PART II, COLUMN BIII AND AS DEFERRED COMPENSATION REPORTED IN A PRIOR FORM 990 IN PART II, COLUMN F. THE COLLEGE MAINTAINS A SECOND SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER SECTION 457(F) OF THE IRS CODE. THE PRESIDENT IS A PARTICIPANT IN THIS PLAN AND AN ANNUAL AMOUNT OF THE DEFERRED COMPENSATION IS CONTRIBUTED NOTIONALLY AND IS INCLUDED IN PART II, COLUMN C. A DORMITORY AUTH OF THE STATE OF NY 146000293 649903KD2 2007-04-18 127431246 CAP IMP, REFUND SERIES 1995 & ADVANCE REFUND SERIES 2001 0 0 0 B DORMITORY AUTH OF THE STATE OF NY 146000293 649905YS9 2010-04-29 50593000 CAPITAL IMPROVEMENTS 0 0 0 C DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 273106797 267045DC3 2013-06-06 87968505 CAPITAL IMPROVEMENTS 0 0 0 A 11645000 0 140255162 0 0 0 1099762 0 0 54233170 85268002 0 2010 1 1 1 1 B 0 0 51488350 0 3021832 0 485944 0 0 47980574 0 11129732 0 0 0 1 C 0 0 88037065 0 2211330 0 448680 0 0 26707684 0 58669370 0 0 0 1 A 0 0 1 1 1 1 0.01 0 0.01 0 0 1 B 0 0 1 1 1 1 0.01 0 0.01 0 0 1 C 0 0 1 1 1 1 0.01 0 0.01 0 0 1 A 1 0 0 0 1 1 B 0 1 0 0 0 0 0 1 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 Schedule K, Part I, Column f-04/18/2007 127,431,246 DORMITORY AUTH OF THE STATE OF NY Schedule K, Column A, Part I (f): THE 2007 BONDS REFUNDED THE FOLLOWING BONDS: THE SERIES 1995 BONDS ISSUED 01/04/96 AND THE SERIES 2001 BONDS ISSUED 02/16/01. Schedule K, Part II, Line 3-04/18/2007 127,431,246 DORMITORY AUTH OF THE STATE OF NY Schedule K, Column A, Part II, Line 3: AMOUNTS DIFFER FROM THE ISSUE PRICE LISTED IN PART I (E) DUE TO INTEREST EARNINGS ACCRUED. Schedule K, Part II, Line 3-04/29/2010 50,593,000 DORMITORY AUTH OF THE STATE OF NY Schedule K, Column B, Part II, Line 3: AMOUNTS DIFFER FROM THE ISSUE PRICE LISTED IN PART I (E) DUE TO INTEREST EARNINGS ACCRUED. Schedule K, Part II, Line 3-06/06/2013 87,968,505 DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION Schedule K, Column C, Part II, Line 3: AMOUNTS DIFFER FROM THE ISSUE PRICE LISTED IN PART I (E) DUE TO INTEREST EARNINGS ACCRUED. Schedule K, Part II, Line 10-06/06/2013 87,968,505 DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION CURRENT AND ADVANCED REFUNDING ESCROW EXPENDITURES INCLUDES INTEREST ON SLGS. Schedule K, Part II, Line 11-04/18/2007 127,431,246 DORMITORY AUTH OF THE STATE OF NY Schedule K, Column A, Part II, Line 11: CURRENT AND ADVANCE REFUNDING ESCROW EXPENDITURES INCLUDE INTEREST ON SLGS. Schedule K, Part II, Line 11-04/29/2010 50,593,000 DORMITORY AUTH OF THE STATE OF NY CURRENT AND ADVANCED REFUNDING ESCROW EXPENDITURES INCLUDING INTEREST ON SLGS. Schedule K, Part IV, Line 2c-04/29/2010 50,593,000 DORMITORY AUTH OF THE STATE OF NY Schedule K, Column B, Part IV, Line 2(c): THE REBATE COMPUTATION WAS PERFORMED AS OF APRIL 29, 2015. JOHN FEROE OFFICER 85520 EMPLOYEE FAMILY MEMBER 0 X 213 1673075 independent appraisals X 117639 independent appraisals X 22174 independent appraisals X 219 5163550 fair market value X 6 100693 fair market value X 1 18810 independent appraisal X musical instrument 1 8300 independent appraisal 7 0 1 1 Schedule M, Part I, Line 32b Gifts of securities are received by registered brokers and sold on behalf of Vassar college. Proceeds from sales are deposited into the College bank accounts. Form 990, Part VI, Section A, Line 7b ALTHOUGH SUBJECT TO ELECTION BY THE FULL BOARD, SIX OF THE MEMBERS OF THE BOARD ARE NOMINATED BY THE ALUMNAE AND ALUMNI VASSAR COLLEGE AND NOT BY THE NOMINATIONS COMMITTEE OF THE BOARD. Form 990, Part VI, Section B, Line 11b THE BOARD OF TRUSTEES DELEGATES THE RESPONSIBILITY FOR OVERSIGHT OF THE PREPARATION OF FORM 990 TO THE AUDIT COMMITTEE WHICH REVIEWS THE ENTIRE FORM 990 AS A DRAFT PRIOR TO THE COMPLETION OF THE REVIEW BY THE COLLEGE'S CERTIFIED PUBLIC ACCOUNTANT. THE FINAL VERSION, EXCLUDING SCHEDULE B, IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. Form 990, Part VI, Section B, Line 12c VASSAR COLLEGE ISSUES CONFLICT OF INTEREST QUESTIONNAIRES TO OFFICERS, DIRECTORS, TRUSTEES AND OTHER MEMBERS OF THE FACULTY AND ADMINISTRATION WITH SIGNIFICANT BUDGETARY RESPONSIBILITIES. ONCE THE COMPLETED FORMS ARE SUBMITTED TO THE SECRETARY OF THE BOARD AND REVIEWED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE, THE COLLEGE RESPONDS TO ANY DISCLOSURES WITH APPROPRIATE ACTION INCLUDING REQUIRING PERSONS TO RECUSE THEMSELVES FROM INVOLVEMENT WITH ANY DECISIONS FOR WHICH THE RELATIONSHIP WOULD REPRESENT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. Form 990, Part VI, Section B, Line 15 VASSAR PARTICIPATES IN A THIRD PARTY DATA COLLECTION PROCESS WITH 25 PEER COLLEGES. WE SUBMIT DATA ANNUALLY TO A PROFESSIONAL COMPENSATION ANALYST, WHO SUMMARIZES THE DATA AS A RANGE WITH QUARTILES. THE REPORT IS PROVIDED TO THE PERSONNEL AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD DETERMINES RAISES FOR ALL SENIOR OFFICERS AND REPORTS THEIR FINDINGS THROUGH THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. COMMITTEE RECORDS ARE MAINTAINED BY THE SECRETARY OF THE BOARD OF TRUSTEES FOR THE PERMANENT FILES OF THE BOARD. WE BELIEVE THAT OUR POLICY MEETS THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. Form 990, Part VI, Section C, Line 19 VASSAR PUBLISHES ITS GOVERNANCE IN PRINT AND ONLINE, THE CONFLICT OF INTEREST IS PUBLISHED ONLINE, AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AND IN PRINT FORM BY REQUEST. Form 990, Part XI, Line 9 POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COST (359,873); EXEMPT INTEREST SEPARATELY REPORTED 1,381; RENTAL INCOME, NET OF EXPENSES 209,853; POST RETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFITS COST 733,733; GRANTS & OTHER ASSISTANCE TO US ORGANIZATIONS (64,000); ACCT 45301/45306 B&N REIMB/COLLEGE STORE 1,333; TOTAL OTHER CHANGES IN NET ASSETS 522,427 COLLEGE PROPERTIES LLC 124 RAYMOND AVENUE BOX 655 POUGHKEEPSIE NY 12604 141817534 REALTY INVESTMENT NY -56535 4010078 VASSAR COLLEGE POOLED INCOME FUNDS (3) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1 1 CHARITABLE REMAINDER UNITRUSTS (15) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1 1 CHARITABLE REMAINDER ANNUITY TRUST (2) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 1 1 CHARITABLE REMAINDER UNITRUST (2) 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 INVESTMENT SUPPORT NY N/A T 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 POOLED INCOME FUNDS (3) s 278396 FAIR MARKET VALUE CHARITABLE REMAINDER UNITRUSTS (15) s 285502 FAIR MARKET VALUE CHARITABLE REMAINDER UNITRUST (2) s 247692 FAIR MARKET VALUE