2015-04-14T12:28:25-05:00 2014-05-31 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2013-06-01 042103545 TRUSTEES OF BOSTON COLLEGE % JOYCE KING TRUS 6175522481 140 COMMONWEALTH AVENUE 129 Lake Street Suite Room 440 CHESTNUT HILL MA 02467 PETER C MCKENZIE Finance VP/Treasurer 6175522481 2015-04-10 true PRICEWATERHOUSECOOPERS LLP P00641463 6175522481 2013 2016-02-25 16:41:14Z WILLIAM P LEAHY SJ 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 02467 1686272257 false X www.bc.edu X 1864 MA SEE SCHEDULE O 54 44 11855 1 -1989877 -2906804 117173398 139307553 695125080 706927736 105853465 123678429 -2929104 -1124841 915222839 968788877 159653117 165808060 0 0 424633677 443741665 0 0 17854179 252323342 270526746 836610136 880076471 78612703 88712406 3636769805 4099479135 967407370 1209086570 2669362435 2890392565 X SEE SCHEDULE O false false 424469813 165529830 534540653 INSTRUCTION - INCLUDES EXPENDITURES TO PROVIDE COURSEWORK FOR STUDENTS AND TO PROVIDE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. FULL-TIME EQUIVALENT ENROLLMENTS WERE 13,216 AND THE NUMBER OF DEGREES CONFERRED WAS 4,140. 155444558 145629424 AUXILIARY SERVICES - INCLUDES EXPENDITURES FOR THE SELF-SUPPORTING ACTIVITIES OF THE UNIVERSITY SUCH AS THE OPERATIONS OF 29 RESIDENCE HALLS, 14 DINING FACILITIES, 27 NCAA DIVISION I ATHLETIC TEAMS, BOOKSTORE AND INFIRMARY. 120145684 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES ACTIVITIES OF WHICH THE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO HIS/HER INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. OPERATED 8 UNIVERSITY LIBRARY FACILITIES CONTAINING OVER 2.8 MILLION VOLUMES SERVING THE UNIVERSITY AND SURROUNDING COMMUNITY. 53208616 278230 26757659 753268671 true true false true false false false true true true true true false false true false false true true true true true false false true false false false true true true false false false false false true false false true true true true false false true true true false false false true 1887 0 true 11855 true true true false false false false true true false false false false X 54 44 true false false false false false false true true false false true true true true true true true true false MA X X JOYCE KING 6175523361 CONTROLLERS OFFICE 140 COMM AVE CHESTNUT HILL MA 024673800 KATHLEEN M MCGILLYCUDDY TRUSTEE - CHAIR 1.0 X 0 0 0 JOHN F FISH TRUSTEE - VICE CHAIR 1.0 X STEVEN M BARRY TRUSTEE 1.0 X DRAKE G BEHRAKIS TRUSTEE 1.0 X PATRICIA L BONAN TRUSTEE 1.0 X MATTHEW J BOTICA TRUSTEE 1.0 X CATHY M BRIENZA TRUSTEE 1.0 X KAREN IZZI BRISTING TRUSTEE 1.0 X JOHN E BUEHLER JR TRUSTEE 1.0 X PATRICK CARNEY TRUSTEE 1.0 X THE HON DARCEL D CLARK TRUSTEE 1.0 X CHARLES I CLOUGH JR TRUSTEE 1.0 X MARGOT C CONNELL DBA TRUSTEE 1.0 X JOHN M CONNORS JR TRUSTEE 1.0 X ROBERT J COONEY ESQ TRUSTEE 1.0 X LEO J CORCORAN ESQ TRUSTEE 1.0 X CLAUDIA HENAO DE LA CRUZ TRUSTEE 1.0 X MICHAEL H DEVLIN II TRUSTEE 1.0 X JOHN R EGAN TRUSTEE 1.0 X MICHAEL E ENGH SJ TRUSTEE 1.0 X MARIO J GABELLI TRUSTEE 1.0 X WILLIAM J GEARY TRUSTEE 1.0 X SUSAN MCMANAMA GIANINNO TRUSTEE 1.0 X JANICE GIPSON TRUSTEE 1.0 X KATHLEEN POWERS HALEY TRUSTEE 1.0 X CHRISTIAN WE HAUB TRUSTEE 1.0 X DANIEL S HENDRICKSON SJ TRUSTEE 1.0 X MICHAELA MURPHY HOAG TRUSTEE 1.0 X JOSEPH L HOOLEY III TRUSTEE 1.0 X T FRANK KENNEDY SJ TRUSTEE - SECRETARY 1.0 X JOHN L LAMATTINA TRUSTEE 1.0 X WILLIAM P LEAHY SJ PRESIDENT, TRUSTEE 1.0 X X PETER S LYNCH LLD TRUSTEE 1.0 X THOMAS J MALONEY TRUSTEE 1.0 X DOUGLAS W MARCOUILLER SJ TRUSTEE 1.0 X PETER K MARKELL TRUSTEE 1.0 X DAVID M MCAULIFFE TRUSTEE 1.0 X WILLIAM S MCKIERNAN TRUSTEE 1.0 X ROBERT J MORRISSEY ESQ TRUSTEE 1.0 X JOHN V MURPHY TRUSTEE 1.0 X STEPHEN P MURRAY TRUSTEE 1.0 X BRIEN M O'BRIEN TRUSTEE 1.0 X DAVID P O'CONNOR TRUSTEE 1.0 X FRANK E PREVITE TRUSTEE 1.0 X NAVYN DATOO SALEM TRUSTEE 1.0 X REV NICHOLAS A SANNELLA TRUSTEE 1.0 X PHILLIP W SCHILLER TRUSTEE 1.0 X SUSAN MARTINELLI SHEA TRUSTEE 1.0 X MARIANNE D SHORT ESQ TRUSTEE 1.0 X RALPH C STAYER TRUSTEE 1.0 X PATRICK T STOKES TRUSTEE 1.0 X RALPH DE LA TORRE TRUSTEE 1.0 X ELIZABETH W VANDERSLICE TRUSTEE 1.0 X DAVID C WEINSTEIN ESQ TRUSTEE 1.0 X KELLI J ARMSTRONG VP PLAN & ASSESS 40.0 X 201543 88504 DANIEL F BOURQUE VP FACILITIES MANAGEMENT 40.0 X 322543 41013 MICHAEL J BOURQUE VP INFORMATION TECHNOLOGY 40.0 X 283770 139284 JOHN T BUTLER SJ VP UNIV. MISSION & MINISTRY 40.0 X TERRENCE P DEVINO SJ VP&SECRETARY (BEGIN 1/1/13) 40.0 X CUTBERTO GARZA PROV/DEAN FAC(UNTIL 6/30/13) 40.0 X 398065 47531 JAMES J HUSSON SENIOR VP UNIV. ADVANCEMENT 40.0 X 409702 50210 BARBARA JONES VP STUDT AFFAIR (BEGIN 7/1/13) 40.0 X 145970 5382 THOMAS J KEADY VP GVMT/COMMUNITY AFFAIRS 40.0 X 243840 50619 PATRICK J KEATING EXECUTIVE VP 40.0 X 474638 50210 THOMAS P LOCKERBY VP DEVELOPMENT 40.0 X 284848 52157 JAMES P MCINTYRE SENIOR VICE PRESIDENT 40.0 X 255186 51560 PETER C MCKENZIE Finance VP/Treasurer 40.0 X 469679 50210 J DONALD MONAN SJ UNIVERSITY CHANCELLOR 40.0 X WILLIAM B NEENAN SJ VP & SPECIAL ASST TO PRESIDENT 40.0 X JOSEPH F QUINN INT PRO/DEAN FAC(BEGIN 7/1/13) 40.0 X 370418 39099 LEO V SULLIVAN VP - HUMAN RESOURCES 40.0 X 273511 50352 DAVID QUIGLEY DEAN OF ARTS AND SCIENCES 40.0 X 324154 50210 STEPHEN R ADDAZIO FOOTBALL COACH 40.0 X 2560847 24808 BRADLEY J BATES ATHLETICS DIRECTOR 40.0 X 663507 31543 STEPHEN C DONAHUE MEN'S BASKETBALL COACH 40.0 X 978749 45110 HASSAN TEHRANIAN CSOM - FINANCE PROFESSOR 40.0 X 519710 97080 JEREMIAH F YORK HOCKEY COACH 40.0 X 576743 50210 MARY LOU DELONG VP&SECRETARY (UNTIL 1/1/2013) 40.0 X 131121 23157 PATRICK ROMBALSKI FORMER VP STUDENT AFFAIRS X 166587 25915 ALBERT L SKINNER FORMER MEN'S BASKETBALL COACH X 585069 0 0 10640200 0 1064164 728 true true false WALSH BROTHERS INC 210 COMMERCIAL STREET BOSTON MA 02109 CONSTRUCTION 5326785 HARRISON GLOBAL LLC - DBA BOSTON CO 69 NORMAN STREET EVERETT MA 02149 BUSING COMPANY 2841001 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVE BOSTON MA 02118 CONSTRUCTION 38486189 CONSIGLI CONSTRUCTION CO INC 72 SUMNER STREET MILFORD MA 01757 CONSTRUCTION 5472422 WISE CONSTRUCTION 21 EAST STREET WINCHESTER MA 01890 CONSTRUCTION 3689202 205 5357683 26284634 107665236 19606927 139307553 TUITION AND FEES 900099 534540653 534540653 SALES/SERVICES OF AUXILLARY ENTERPRISES 900099 145629424 145357571 271853 NON-GOVT GRANTS/F&A RECOVERY 900099 10166021 10166021 OTHER MISCELLANEOUS PROGRAM REVENUE 900099 16591638 16591638 706927736 18687773 -2314165 21001938 52499 52499 498947 52435 446512 5324233 7948724 -2624491 0 -2624491 -2624491 813107863 708169706 104938157 104938157 104938157 709830 5357683 1364950 -655120 -655120 0 0 CHILDREN'S CENTER 624410 616302 616302 VENDING 900099 429091 429091 DEBT EXTINGUISHMENT GAIN 900099 610430 610430 1655823 968788877 706655883 -1989877 124815318 0 165529830 165529830 278230 278230 0 5153074 1420526 3189421 543127 45283 45283 336400509 254981340 70956969 10462200 22445895 16873160 4887159 685576 58853663 44241820 12747478 1864365 20843241 15668403 4504917 669921 0 928768 226349 702419 651881 651881 75000 75000 0 13166826 13166826 28773806 22020797 6071560 681449 458345 413030 45165 150 10284567 6669170 2609343 1006054 5022454 2450497 2391242 180715 0 28668267 11088827 17579440 18510655 16851182 920214 739259 0 4768299 1471711 2608902 687686 35710119 28497422 7212697 0 53500997 46477676 7023321 0 COST OF GOODS SOLD 17664533 17664533 OPERATIONS & MAINT. ALLOC. 52878911 -52878911 DISPOSALS/WRITE-OFFS 10308971 10308971 MISCELLANEOUS 42033258 37211003 4488578 333677 880076471 753268671 108953621 17854179 4799056 6602050 3883402 3329849 181815465 158609077 21672353 27456530 4302380 3917227 0 0 77203776 84712584 417702 389159 10678183 11922819 1992040917 751013185 1198129843 1241027732 1154556142 1519414821 966490924 1030984487 12390579 11112800 0 0 430000 0 3636769805 4099479135 150055372 173806659 10112237 6777765 16365009 14862535 734765949 769251471 7023143 7023233 0 0 0 6449872 288287 181189024 48797373 49726011 967407370 1209086570 X 1393290601 1466438130 494175433 592063694 781896401 831890741 2669362435 2890392565 3636769805 4099479135 X 88712406 141072097 -8754373 X false true X true true true X 127106776 140383562 138347773 117173398 139307553 662319062 0 0 127106776 140383562 138347773 117173398 139307553 662319062 9488757 652830305 22489144 21409170 26418085 20818244 26825182 117959825 1561296 5413696 0 3526717 0 10501709 1899412 1716873 1955409 1844225 2365653 9781572 800562168 3350706838 0.81547 0.00000 X SCHEDULE A, PART II, LINE 10 THE TOTAL REPORTED ON LINE 10 IS COMPRISED OF EVENT INCOME, CHILDREN'S CENTER, VENDING, AND GAIN ON EXTINGUISHMENT OF DEBT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 75000 false false 75000 false FORM 990, SCHEDULE C, PART II-B, LINE 1G PAYMENTS FOR LOBBYING EXPENDITURES ARE MADE TO THE FOLLOWING: CASSIDY AND ASSOCIATES, INC. - ASSIST MANAGEMENT IN THE IDENTIFICATION, DEVELOPMENT, AND PRESENTATION OF INSTITUTIONAL INITIATIVES FOR CONSIDERATION BY COMMITTEES OF CONGRESS, FEDERAL REGULATORY AGENCIES, AND OTHERS; ACT AS LIAISON TO GOVERNMENT AGENCIES BY MONITORING AND REPORTING ON GOVERNMENTAL PROGRAMS AND LEGISLATION RELEVANT TO INSITUTIONAL INITIATIVES. THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. 722745 22310577 X X X X false false true 1981349000 61865000 244280000 21871000 65563000 1778000 2198282000 1757446000 38088000 272617000 20724000 64465000 1613000 1981349000 1889079000 49701000 -100032000 17683000 62244000 1375000 1757446000 1647653000 56634000 264829000 17422000 61671000 944000 1889079000 1491158000 52099000 179298000 13487000 60792000 623000 1647653000 0.40450 0.37850 0.21700 false false 187988362 187988362 1231984708 488750241 743234467 0 0 0 218374851 176763256 41611595 353692996 85499688 268193308 1241027732 EQUITIES 970847096 F REAL ESTATE 60137391 F 1030984487 0 DEPOSITS PAYABLE 13894239 US GOVERNMENT LOAN ADVANCES 35831772 49726011 SCHEDULE D, PART X, LINE 2 BOSTON COLLEGE'S FINANCIAL STATEMENTS DID NOT INCLUDE A FIN 48 FOOTNOTE. SCHEDULE D, PART III, LINE 4 THE COLLECTIONS HELD BY BOSTON COLLEGE EDUCATE AND INSPIRE ITS STUDENTS AND FACULTY. SCHEDULE D, PART IV, LINE 2B STATE STREET HOLDS THE MAJORITY OF OUR TRUSTS. SCHEDULE D, PART V, LINE 4 THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE FOR FUNDING THE COLLEGE'S GENERAL OPERATING ACTIVITIES AND FOR FUNDING SPECIFIC PURPOSES, EITHER RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. true true true true true true true false false false false false false false false true false true NON-DISCRIMINATION POLICY PART I, LINE 3 A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE STUDENT REGISTRATION MATERIALS, THE UNIVERSITY COURSE CATALOG AND JOB POSTINGS ON THE HUMAN RESOURCES WEBSITE. PART I, LINE 6A THE UNIVERSITY PARTICIPATES IN SEOG, PERKINS, WORK-STUDY, AND OTHER GOVERNMENTAL TITLE IV PROGRAMS. true Central America and the Caribbean 53 Program Services ST AB, ACD SUP, PUB SV 395808 North America 74 Program Services RSRCH, STUD ABR, INSTR 866231 South Asia 9 Program Services STUD ABR, RSRCH, INSTR 48372 East Asia and the Pacific 70 Program Services RSRCH, STUD ABR, INSTR 1322480 Europe (Including Iceland and Greenland) 1 310 Program Services STUD ABR, LIB, INSTR 10635785 Middle East and North Africa 23 Program Services STUD ABR, RSRCH, INSTR 185295 Russia and the Newly Independent States 12 Program Services RSRCH, INSTR, LIB 59012 South America 14 Program Services STUD ABR, RSRCH, INSTR 781471 Sub-Saharan Africa 19 Program Services PUB SVC, STUD ABR, RSR 360777 Central America and the Caribbean Investments 441455476 Sub-Saharan Africa Investments 85000 Sub-Saharan Africa Grantmaking 178230 Central America and the Caribbean Grantmaking 100000 1 584 1 584 456473937 456473937 Central America and the Caribbean GENERAL SUPPORT 100000 AP CHECK Sub-Saharan Africa GENERAL SUPPORT 33230 WIRE TRANS Sub-Saharan Africa GENERAL SUPPORT 70000 WIRE TRANS Sub-Saharan Africa GENERAL SUPPORT 75000 WIRE TRANS true false true true true false PART I, LINE 2 BOSTON COLLEGE ISSUES GRANT FUNDS BASED UPON BUDGETED PROPOSALS AND RECEIVES REPORTS FROM THE GRANT RECIPIENTS TO MONITOR THE USE OF THESE AWARD FUNDS DURING AND AT THE END OF THE FUNDING PERIOD. PART I, LINE 3, COLUMN F THE ORGANIZATION REVIEWS ALL FOREIGN WIRE INFORMATION AND INTERNATIONAL TRAVEL EXPENSES FOR OVERSEAS PAYMENTS AND DISCUSSES WITH THE DEPARTMENTS ORIGINATING THE PAYMENTS TO DETERMINE IF THE PAYMENTS WERE FOR WORK CONDUCTED OVERSEAS. THE FOREIGN EXPENDITURES ARE CAPTURED SEPARATELY IN THE ORGANIZATION'S ACCOUNTING SYSTEM AND AMOUNTS INCLUDED ON SCHEDULE F ARE PURSUANT TO THE ORGANIZATION'S ACCOUNTING SYSTEM. PART II, LINE 1 FOREIGN GRANTS ARE TRACKED SEPARATELY IN THE ORGANIZATION'S GENERAL LEDGER. NIGHT AT POPS 4145970 3724580 421390 110245 237951 215000 166582 WALL ST. DINNER 1921553 1633103 288450 27193 438341 7600 162048 0 6067523 5357683 709840 137438 676292 222600 328630 1364960 -655120 true SCHOLARSHIPS TO STUDENTS 8025 165529830 PART I, LINE 2 - GRANT PROCEDURES BOSTON COLLEGE AWARDS NEED BASED FINANCIAL AID, INCLUDING GRANTS AND LOANS, TO STUDENTS BASED ON ELIGIBILITY REQUIREMENTS SUCH AS FINANCIAL NEED AND ACADEMIC PROGRESS. AID IS ADMINISTERED BY THE STUDENT SERVICES OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER DOCUMENTS TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF SCHOLARSHIPS AVAILABLE BASED ON ACADEMIC OR ATHLETIC ACHIEVEMENT. PART III, COLUMN (C) THE CASH GRANT IS REFLECTED ON STUDENTS ACCOUNTS. SOME OF THE GRANTS LISTED MAY HOWEVER, BE PAID DIRECTLY TO THE STUDENT VIA ACCOUNTS PAYABLE AS A MONTHLY 'NON SERVICE STIPEND'. THE GRANTS ALSO INCLUDE BOOK VOUCHERS, LOAN FORGIVENESS AND CHILDREN'S CENTER AID. X X X X X false true X X X true true false false false false false false false KELLI J ARMSTRONG VP PLAN & ASSESS 186279 15264 19277 69227 290047 DANIEL F BOURQUE VP FACILITIES MANAGEMENT 231059 91484 18880 22133 363556 MICHAEL J BOURQUE VP INFORMATION TECHNOLOGY 250722 33048 25500 113784 423054 MARY LOU DELONG VP&SECRETARY (UNTIL 1/1/2013) 131121 13250 9907 154278 CUTBERTO GARZA PROV/DEAN FAC(UNTIL 6/30/13) 375565 22500 20400 27131 445596 JAMES J HUSSON SENIOR VP UNIV. ADVANCEMENT 375994 33708 25500 24710 459912 BARBARA JONES VP STUDT AFFAIR (BEGIN 7/1/13) 126880 19090 0 5382 151352 THOMAS J KEADY VP GVMT/COMMUNITY AFFAIRS 226591 17249 23558 27061 294459 PATRICK J KEATING EXECUTIVE VP 437720 36918 25500 24710 524848 THOMAS P LOCKERBY VP DEVELOPMENT 251744 33104 25047 27110 337005 JAMES P MCINTYRE SENIOR VICE PRESIDENT 220526 34660 24614 26946 306746 PETER C MCKENZIE Finance VP/Treasurer 452741 16938 25500 24710 519889 DAVID QUIGLEY DEAN OF ARTS AND SCIENCES 302746 21408 25500 24710 374364 PATRICK ROMBALSKI FORMER VP STUDENT AFFAIRS 0 0 166587 12120 13795 192502 ALBERT L SKINNER FORMER MEN'S BASKETBALL COACH 0 0 0 0 585069 0 0 0 585069 0 JOSEPH F QUINN INT PRO/DEAN FAC(BEGIN 7/1/13) 349069 21349 25500 13599 409517 LEO V SULLIVAN VP - HUMAN RESOURCES 245541 27970 25203 25149 323863 STEPHEN R ADDAZIO FOOTBALL COACH 1810964 749883 24808 2585655 BRADLEY J BATES ATHLETICS DIRECTOR 516701 146806 6833 24710 695050 STEPHEN C DONAHUE MEN'S BASKETBALL COACH 941635 37114 20400 24710 1023859 HASSAN TEHRANIAN CSOM - FINANCE PROFESSOR 499236 20474 25500 71580 616790 JEREMIAH F YORK HOCKEY COACH 541841 34902 25500 24710 626953 SCHEDULE J, PART I THE UNIVERSITY PAID COMPENSATION AND BENEFITS OF $5,704,803 TO THE JESUIT COMMUNITY, THE FOUNDERS OF BOSTON COLLEGE, FOR INSTRUCTIONAL, ADMINISTRATIVE AND INSTITUTIONAL SERVICES, RENDERED BY THE UNIVERSITY'S JESUIT OFFICERS. SCHEDULE J, PART I, LINE 1A FIRST CLASS TRAVEL OR CHARTER TRAVEL: BOSTON COLLEGE DOES NOT GENERALLY PERMIT FIRST CLASS TRAVEL FOR BUSINESS TRIPS. HOWEVER, ON OCCASSION FOR UNUSUALLY LONG FLIGHTS IT MAY BE PERMITTED PROVIDED THERE IS APPROVAL IN ADVANCE. IN CONNECTION WITH ITS ATHLETICS PROGRAM, CERTAIN TEAMS UTILIZE CHARTER TRAVEL. FOUR HIGHLY COMPENSATED INDIVIDUALS LISTED IN PART VII FLY WITH THE ATHLETIC TEAMS AS PART OF THEIR RESPONSIBILITIES AS EMPLOYEES OF BOSTON COLLEGE. IN CONNECTION WITH INTERNATIONAL TRAVEL, TWO OFFICERS TRAVELLED FIRST CLASS FOR BUSINESS PURPOSES DURING 2014. HOUSING: TWO HIGHLY COMPENSATED INDIVIDUALS AND ONE OFFICER RECEIVED HOUSING ALLOWANCES, WHICH ARE INCLUDED IN COLUMN B(III). TRAVEL FOR COMPANIONS: UNIVERSITY POLICY IS NOT TO REIMBURSE FOR COMPANION TRAVEL. DURING 2014, FOUR HIGHLY COMPENSATED INDIVIDUALS LISTED IN PART VII HAVE HAD COMPANION TRAVEL AT NO ADDITIONAL COST TO THE COLLEGE. ALSO, TWO OFFICERS LISTED IN PART VII INCURRED COMPANION TRAVEL WHICH WAS APPROVED IN ACCORDANCE WITH UNIVERSITY POLICY. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: FOUR HIGHLY COMPENSATED INDIVIDUALS AND AN OFFICER RECEIVE AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: ONE OFFICER RECEIVED A GROSS UP PAYMENT ASSOCIATED WITH TAXABLE TUITION ASSISTANCE PROVIDED BY THE COLLEGE. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. TWO HIGHLY COMPENSATED INDIVIDUALS RECEIVED GROSS UP PAYMENTS ASSOCIATED WITH CERTAIN TAXABLE PAYMENTS MADE ON THE INDIVIDUAL'S BEHALF. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. SCHEDULE J PART I, LINE 1B BOSTON COLLEGE HAS POLICIES THAT COVER FIRST CLASS TRAVEL AND TRAVEL FOR COMPANIONS. SUCH TRAVEL IS GENERALLY NOT PERMITTED BUT IS APPROVED ON A CASE BY CASE BASIS AT THE VP LEVEL. SOCIAL CLUB DUES ARE PROVIDED IN ACCORDANCE WITH THE CONTRACTS OF THE INDIVIDUALS WHO RECEIVE THE BENEFIT AND ARE APPROVED. SCHEDULE J PART I, LINE 4A ALBERT SKINNER SEPARATED FROM THE COLLEGE IN 2010. PURSUANT TO AN AGREEMENT UPON HIS SEPARATION AND CONTINGENT ON CERTAIN CONDITIONS, MR. SKINNER WILL RECEIVE PAYMENT IN SATISFACTION OF THE REMAINING YEARS OF HIS CONTRACT. INCLUDED IN COLUMN B(III) IS $500,000 PAID UNDER THIS AGREEMENT. MARY LOU DELONG, FORMER VP & SECRETARY, SEPARATED FROM THE UNIVERSITY IN JANUARY 2013. PURSUANT TO HER SEPARATION AGREEMENT, SHE CONTINUED TO RECEIVE COMPENSATION FOLLOWING HER DEPARTURE. THE AMOUNT INCLUDED IN SCHEDULE J, PART I, COLUMN (B)(III) REPRESENTS PAYMENT UNDER THIS AGREEMENT. PATRICK ROMBALSKI, FORMER VP, STUDENT AFFAIRS, SEPARATED FROM THE UNIVERSITY IN NOVEMBER 2012. PURSUANT TO HIS SEPARATION AGREEMENT HE CONTINUED TO RECEIVE COMPENSATION FOLLOWING HIS DEPARTURE. THE AMOUNT INCLUDED IN SCHEDULE J, PART I, COLUMN (B)(III) REPRESENTS PAYMENT UNDER THIS AGREEMENT. SCHEDULE J PART I, LINE 4B IN PRIOR YEARS, PAYMENTS TOTALLING $735,430 WERE MADE TO A 457(F) PLAN ON BEHALF OF ALBERT SKINNER. PAYMENTS WERE TAXED IN YEAR CREDITED TO THE ACCOUNT. UPON HIS SEPARATION IN 2010, MR. SKINNER BEGAN TO RECEIVE PAYMENTS UNDER THE PLAN. INCLUDED IN COLUMN B(III) IS PAYMENT OF $85,069 IN CONNECTION WITH THIS PLAN. IN PRIOR YEARS PAYMENTS WERE MADE TO A 457(F) PLAN ON BEHALF OF JEREMIAH F. YORK. No contributions or distributions were made under the plan in 2013. A MASS DEVELOPMENT FINANCE AGENCY - SERIES P 043431814 57583RPC3 2007-07-26 180931618 SEE PART VI false false false B MASS DEVELOPMENT FINANCE AGENCY - SERIES Q1 Q2 043431814 57583RL45 2009-05-21 104818300 SEE PART VI false false false C MASS DEVELOPMENT FINANCE AGENCY - SERIES R1 R2 043431814 57583R4M4 2010-11-16 215755525 SEE PART VI false false false D MASS DEVELOPMENT FINANCE AGENCY - SERIES S 043431814 57583UZQ4 2013-08-20 156252258 SEE PART VI false false false A 0 0 183728858 0 3421377 0 958893 0 0 99668378 79680210 0 2010 true true true true B 14885000 0 104968137 0 198197 0 583495 0 0 76951640 27234805 0 2012 true false true true C 15850000 0 215832146 0 7332415 0 1163025 0 0 101849143 105487563 0 2014 true false true true D 0 0 156252472 0 573122 0 676551 0 0 30324087 95575242 29103470 true false false true A false false true true true true 0.01100 0.00100 0.01200 false false false true B false false true true true true 0.00500 0.00500 false false false true C false false true true true true 0.00100 0.00100 false false false true D false false true true true true 0.00900 0.00900 false false false true A false true false false 0 true RABOBANK INTERNTL 2.5 true false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, COLUMN F a. PARTIAL REFUNDING MHEFA SERIES K (11/16/93), REFUNDING MHEFA POOL E (4/25/91), PROPERTY ACQUISITION, - CONSTRUCTION, RENOVATION AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. B. REFUNDING BANK OF AMERICA, LINE OF CREDIT (12/10/08), PROPERTY ACQUISTION - CONSTRUCTION, RENOVATION AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. C. REFUNDING MHEFA SERIES L (9/25/98) - CONSTRUCTION, RENOVATION AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. D. REFUNDING MHEFA SERIES N (9/04/03) - CONSTRUCTION, RENOVATION AND EQUIPMENT FOR VARIOUS BUILDINGS ON MULTIPLE CAMPUSES. PART II, LINE 3 THE DIFFERENCE BETWEEN THE AMOUNT OF TOTAL PROCEEDS AND THE ISSUE PRICE IN PART I IS THE RESULT OF INVESTMENT EARNINGS. PART IV, LINE 2(C), COLUMN(B) THE REBATE COMPUTATION WAS PERFORMED ON 5/31/2012. PART IV, LINE 2(C), COLUMN(C) THE REBATE COMPUTATION WAS PERFORMED ON 5/31/2014. STEVE ADDAZIO FBALL COACH MORTGAGE X 500000 500000 false false true STEPHEN DONAHUE BBALL COACH MORTGAGE X 600000 600000 false false true JAMES HUSSON SR VP ADV MORTGAGE X 500000 500000 false true true PATRICK KEATING EXEC VP MORTGAGE X 292500 292500 false true true ALBERT L SKINNER FM BBALL MORTGAGE X 650000 650000 false false true JEREMIAH YORK HCKY COACH MORTGAGE X 150000 150000 false false true DAVID QUIGLEY PROVOST MORTGAGE X 250000 235227 false true true DAVID QUIGLEY PROVOST MORTGAGE X 200000 120000 false true true BRADLEY BATES ATH DIR MORTGAGE X 500000 500000 false false true BARBARA JONES VP STUDENT MORTGAGE X 369500 369500 false true true 3917227 FIDELITY INVESTMENTS TRUSTEE IS AN OFFICER 819296 INVESTMENT FEES false GAMCO INVESTORS TRUSTEE OFFCR/TRUSTEE DIR 545657 INVESTMENT FEES false TCV PARTNERS TRUSTEE'S SPOUSE IS OFF. 294439 INVESTMENT FEES false HIGHBROOK CAPITAL TRUSTEE IS AN OFFICER 175000 INVESTMENT FEES false APPLE INC TRUSTEE IS AN OFFICER 1000376 IT VENDOR false US BANK TRUSTEE IS A DIRECTOR 456368 PCARD SERVICES false STATE STREET TRUSTEE IS AN OFFICER 222903 CUSTODY/PLANNED GIVING FEES false PAR 4 TECHNOLOGY GROUP EMC TRUSTEE IS AN OFFICER 920488 IT VENDOR false CLOUGH CAPITAL PARTNERS TRUSTEE IS CHAIR 470527 INVESTMENT FEES false MICHAEL F MCKENZIE SON OF OFFICER 45283 EMPLOYEE AT BOSTON COLLEGE false X 9 722745 OPINION OF EXPERTS X 100772 OPINION OF EXPERTS X 269 18404930 MARKET VALUE X EVENTS 9 206535 ACTUAL INVOICE PRICE X OTHER EQUIPMENT AND GOODS 6 33811 ACTUAL INVOICE PRICE X FLYING HOURS 1 138134 ACTUAL INVOICE PRICE false true false SCHEDULE M, PART I, COLUMN (B) COLUMN B IS BASED ON THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 STRENGTHENED BY MORE THAN A CENTURY AND A HALF OF DEDICATION TO ACADEMIC EXCELLENCE, BOSTON COLLEGE COMMITS ITSELF TO THE HIGHEST STANDARDS OF TEACHING AND RESEARCH IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS AND TO THE PURSUIT OF A JUST SOCIETY THROUGH ITS OWN ACCOMPLISHMENTS, THE WORK OF ITS FACULTY AND STAFF, AND THE ACHIEVEMENTS OF ITS GRADUATES. IT SEEKS BOTH TO ADVANCE ITS PLACE AMONG THE NATION'S FINEST UNIVERSITIES AND TO BRING TO THE COMPANY OF ITS DISTINGUISHED PEERS AND TO CONTEMPORARY SOCIETY THE RICHNESS OF THE CATHOLIC INTELLECTUAL IDEAL OF A MUTUALLY ILLUMINATING RELATIONSHIP BETWEEN RELIGIOUS FAITH AND FREE INTELLECTUAL INQUIRY. BOSTON COLLEGE DRAWS INSPIRATION FOR ITS ACADEMIC AND SOCIETAL MISSION FROM ITS DISTINCTIVE RELIGIOUS TRADITION. AS A CATHOLIC AND JESUIT UNIVERSITY, IT IS ROOTED IN A WORLD VIEW THAT ENCOUNTERS GOD IN ALL CREATION AND THROUGH ALL HUMAN ACTIVITY, ESPECIALLY IN THE SEARCH FOR TRUTH IN EVERY DISCIPLINE, IN THE DESIRE TO LEARN, AND IN THE CALL TO LIVE JUSTLY TOGETHER. IN THIS SPIRIT, THE UNIVERSITY REGARDS THE CONTRIBUTION OF DIFFERENT RELIGIOUS TRADITIONS AND VALUE SYSTEMS AS ESSENTIAL TO THE FULLNESS OF ITS INTELLECTUAL LIFE AND TO THE CONTINUOUS DEVELOPMENT OF ITS DISTINCTIVE INTELLECTUAL HERITAGE. BOSTON COLLEGE PURSUES THIS DISTINCTIVE MISSION BY SERVING SOCIETY IN THREE WAYS: - BY FOSTERING THE RIGOROUS INTELLECTUAL DEVELOPMENT AND THE RELIGIOUS, ETHICAL AND PERSONAL FORMATION OF ITS UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS IN ORDER TO PREPARE THEM FOR CITIZENSHIP, SERVICE AND LEADERSHIP IN A GLOBAL SOCIETY; - BY PRODUCING NATIONALLY AND INTERNATIONALLY SIGNIFICANT RESEARCH THAT ADVANCES INSIGHT AND UNDERSTANDING, THEREBY BOTH ENRICHING CULTURE AND ADDRESSING IMPORTANT SOCIETAL NEEDS; AND - BY COMMITTING ITSELF TO ADVANCE THE DIALOGUE BETWEEN RELIGIOUS BELIEF AND OTHER FORMATIVE ELEMENTS OF CULTURE THROUGH THE INTELLECTUAL INQUIRY, TEACHING AND LEARNING, AND THE COMMUNITY LIFE THAT FORM THE UNIVERSITY. BOSTON COLLEGE FULFILLS THIS MISSION WITH A DEEP CONCERN FOR ALL MEMBERS OF ITS COMMUNITY, WITH A RECOGNITION OF THE IMPORTANT CONTRIBUTION A DIVERSE STUDENT BODY, FACULTY AND STAFF CAN OFFER, WITH A FIRM COMMITMENT TO ACADEMIC FREEDOM, AND WITH A DETERMINATION TO EXERCISE CAREFUL STEWARDSHIP OF ITS RESOURCES IN PURSUIT OF ITS ACADEMIC GOALS. VOLUNTEERS FORM 990, PART I, LINE 6 ALTHOUGH BOSTON COLLEGE HAS MANY VOLUNTEERS WHO DEDICATE THEIR TIME AND EFFORTS TO THE COLLEGE, THEIR NUMBER IS NOT FORMALLY TRACKED. ALL TRUSTEES ARE PROVIDING VOLUNTEER SERVICES TO BOSTON COLLEGE. BOSTON COLLEGE ALUMNI KEEP UP THE JESUIT, CATHOLIC TRADITION AFTER GRADUATION AS ALUMNI VOLUNTEERS. WHETHER IT'S SIMPLY KEEPING IN TOUCH WITH FELLOW EAGLES OR MAKING A DIFFERENCE THROUGH THE UNIVERSITY, BOSTON COLLEGE HAS ACTIVE ALUMNI WHO CONTINUE TO VOLUNTEER THEIR TIME TO CONTRIBUTE TO THE BOSTON COLLEGE COMMUNITY. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EXPENDITURES FOR PUBLIC SERVICE AND STUDENT AGENCIES AND OTHER MISCELLANEOUS PROGRAM REVENUES AND EXPENSES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION A - QUESTION 2 MARGOT CONNELL IS THE CHAIRMAN OF CONNELL LIMITED PARTNERS AND ROBERT MORRISSEY SITS ON THE BOARD OF DIRECTORS. MARIO GABELLI IS CHAIRMAN OF GAMCO INVESTORS, INC. AND ROBERT MORRISSEY IS A DIRECTOR FOR SEVERAL GAMCO MUTUAL FUNDS. BOTH MATTHEW BOTICA AND STEPHEN MURRAY SERVE ON THE BOARD OF THE SAME PUBLICLY HELD CORPORATION. WILLIAM GEARY HAS INVESTMENT RELATIONSHIPS WITH CHARLES CLOUGH, ROBERT MORRISSEY, JOHN MURPHY AND BRIEN O'BRIEN. ROBERT MORRISSEY HAS INVESTMENT RELATIONSHIPS WITH CHARLES CLOUGH AND JOHN CONNORS. PETER MARKELL, RALPH DE LA TORRE AND JOHN FISH HAVE A BUSINESS RELATIONSHIP. JOSEPH HOOLEY, III AND JOHN FISH HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 11 WORKING WITH PRICEWATERHOUSECOOPERS, LLP, THE FORM 990 IS PREPARED. THE FULL FORM 990 IS THEN REVIEWED BY SENIOR MANAGEMENT AND THE TRUSTEE FINANCE AND AUDIT COMMITTEE. THE FULL BOARD OF TRUSTEES IS PROVIDED A FULL COPY OF THE FINAL FORM 990 FOR REVIEW PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. THE RETURN IS THEN POSTED ON THE BOSTON COLLEGE WEBSITE. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH BOSTON COLLEGE. THESE DISCLOSURES ARE REVIEWED BY THE FINANCIAL VICE PRESIDENT AND TREASURER AND HIS STAFF. THE FINANCIAL VICE PRESIDENT AND TREASURER PREPARES A REPORT OF ALL CONFLICTS FOR REVIEW WITH THE PRESIDENT, EXECUTIVE VICE PRESIDENT, AND GENERAL COUNSEL. FOLLOWING THEIR REVIEW, THE REPORT IS REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. ALL CONFLICT SITUATIONS ARE RESOLVED AT THIS FINAL REVIEW IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - POLICIES, QUESTIONS 15A & B BOSTON COLLEGE'S PRESIDENT IS A MEMBER OF THE SOCIETY OF JESUS. THE COMPENSATION AND BENEFITS OF WILLIAM P. LEAHY S.J., ALONG WITH OTHER MEMBERS OF THE JESUIT COMMUNITY WHO PROVIDE SERVICES TO BOSTON COLLEGE, ARE PAID TO THE JESUIT COMMUNITY. TOTAL PAYMENTS TO THE JESUIT COMMUNITY IN FY'14 WERE $5,704,803. FOR ALL OTHER OFFICERS, TRUSTEES, AND KEY EMPLOYEES, BOSTON COLLEGE HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET DATA AND ANALYSES. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION C - DISCLOSURE, LINE 19 BOSTON COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 POST RETIREMENT MEDICAL (8,754,373). BOSTON COLLEGE ALUMNI ASSOCIATION LLC 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 02467 042103545 ALUM. REL MA 0 BC CHARITABLE REMAINDER TRUSTS (12) SUPPORT MA NA T CHARITABLE REMAINDER TRUSTS (1) SUPPORT PA NA T OTHER TRUSTS (5) SUPPORT MA NA T POOLED LIFE INCOME FUND (1) SUPPORT MA NA T false false false false false false false false false false false false false false false false false false false FORM 990, SCHEDULE R, PART IV, LINE 1 CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND PENNSYLVANIA.