2015-05-04T10:42:37-05:00 2014-06-30 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2013-07-01 150532078 COLGATE UNIVERSITY % BRIAN HUTZLEY COLG 3152287422 13 OAK DRIVE Suite HAMILTON NY 13346 BRIAN HUTZLEY CFO 3152287422 2015-04-30 true koen vredeveld P00652605 3152287422 2015-04-29 2013 2016-03-07 17:11:31Z Brian Hutzley 13 OAK DRIVE HAMILTON NY 13346 365546140 false X WWW.COLGATE.EDU X 1819 NY SEE SCHEDULE O. 35 31 3103 2000 1091356 -462592 35991163 48101136 154971157 161598408 49306487 35265202 1362248 1640097 241631055 246604843 44785519 47033909 0 0 90452881 94555535 0 0 8507185 71235280 75426121 206473680 217015565 35157375 29589278 1226288176 1333737030 274957880 277916605 951330296 1055820425 X SEE SCHEDULE O. false false 188761613 47033909 161598408 To provide a world-class and demanding undergraduate educational experience for a talented and diverse group of approximately 2,900 students. The purpose is to develop wise, thoughtful, critical thinkers and perceptive leaders by encouraging young men and women to fulfill their potential through residence in a community that values all forms of intellectual rigor and respects the complexity of human understanding. 188761613 true true false true false false true false true true true false false true true false true true true true false true false false false false true true true true false false false false false false false false true true true true false false true true true true true false true X 647 0 true 3103 true true true true false false false false false false false false X 35 31 true false false false false false false true true false false true true true true true false true true false CA NY X BRIAN HUTZLEY 3152287422 13 OAK DRIVE Hamilton NY 13346 JEFFREY HERBST PRESIDENT 60.0 0.0 X X 506147 0 164865 Brion B Applegate Trustee 3.0 0.0 X 0 0 0 Dewey J Awad II Trustee 3.0 0.0 X 0 0 0 Daniel C Benton Trustee 3.0 0.0 X 0 0 0 Gretchen H Burke Trustee 3.0 0.0 X 0 0 0 Christine J Chao Trustee 3.0 0.0 X 0 0 0 H Leroy Cody Jr Trustee 3.0 0.0 X 0 0 0 Celia A Colbert P Trustee 3.0 0.0 X 0 0 0 Gus P Coldebella Trustee 3.0 2.0 X 0 0 0 Denis F Cronin CHAIR 18.0 0.0 X 0 0 0 Nancy C Crown Trustee 3.0 0.0 X 0 0 0 Kathleen A Dill Trustee 3.0 2.0 X 0 0 0 Stephen J Errico Trustee 3.0 0.0 X 0 0 0 Gregory J Fleming Trustee 3.0 0.0 X 0 0 0 Jeanne A Follansbee Trustee 3.0 0.0 X 0 0 0 Christine Cronin Gallagher Trustee 3.0 2.0 X 0 0 0 Linda J Havlin Trustee 3.0 0.0 X 0 0 0 Michael J Herling Trustee 3.0 0.0 X 0 0 0 Stephen R Howe Jr Trustee 3.0 0.0 X 0 0 0 Daniel B Hurwitz Trustee 3.0 0.0 X 0 0 0 William A Johnston Trustee 3.0 0.0 X 0 0 0 Ronald A Joyce Trustee 3.0 2.0 X 0 0 0 Robert A Kindler VICE CHAIR 5.0 0.0 X 0 0 0 Scott A Meiklejohn Trustee 3.0 1.0 X 0 0 0 Mark D Nozette Trustee 3.0 0.0 X 0 0 0 Jung H Pak Trustee 3.0 2.0 X 0 0 0 Daniel L Rosensweig Trustee 3.0 0.0 X 0 0 0 Safwan B Shabab Trustee 3.0 0.0 X 0 0 0 Barry J Small Trustee 3.0 0.0 X 0 0 0 James A Smith Trustee 3.0 2.0 X 0 0 0 Joanne D Spigner Trustee 3.0 1.0 X 0 0 0 Edward M Werner Trustee 3.0 0.0 X 0 0 0 Ayanna K Williams Trustee 3.0 0.0 X 0 0 0 William T Winters Trustee 3.0 0.0 X 0 0 0 Lee M Woodruff Trustee 3.0 0.0 X 0 0 0 Eric A Cole Trustee 3.0 0.0 X 0 0 0 Margaret A Flanagan Trustee 3.0 0.0 X 0 0 0 Andrew S Greenfield Trustee 3.0 0.0 X 0 0 0 Duncan L Niederauer Trustee 3.0 0.0 X 0 0 0 ROBERT TYBURSKI VP & SR. ADVISOR, SECRETARY 50.0 0.0 X 236322 0 34971 DAVID HALE VP FOR FIN & ADMIN, TREASURER 50.0 0.0 X 221171 0 20239 CAROLEE WHITE INTERIM VP FOR FIN, TREASURER 50.0 0.0 X 178646 0 58301 BRIAN HUTZLEY VP FOR FIN & ADMIN, TREASURER 50.0 0.0 X 26040 0 12024 MURRAY DECOCK VP FOR INSTI. ADVANCEMENT 50.0 0.0 X 300679 0 56880 SUZY NELSON VP & DEAN OF THE COLLEGE 50.0 0.0 X 220129 0 90851 DOUG HICKS PROVOST, DEAN OF THE FACULTY 50.0 0.0 X 257546 0 62064 JOSEPH HOPE DIRECTOR OF INVESTMENTS 50.0 0.0 X 285382 0 30019 VICTORIA CHUN DIRECTOR OF ATHLETICS 50.0 0.0 X 220787 0 31840 JANE PINCHIN PROFESSOR 50.0 0.0 X 202261 0 32533 MARGARET MAUER PROFESSOR 50.0 0.0 X 199760 0 30529 ANTHONY AVENI PROFESSOR 50.0 0.0 X 196298 0 35214 Scott Brown Former Key Employee 50.0 X 127889 0 21731 Bruce Selleck Former Key Employee 50.0 X 193913 0 32091 3372970 0 714152 157 true true false SODEXHO INC AFFILIATES PO BOX 352 BUFFALO NY 14240 FOOD SERVICE 5289686 CHARLES A GAETANO 258 GENESEE STREET UTICA NY 13502 CONSTRUCTION 2990241 BIRNIE BUS SERVICE PO BOX 630 ROME NY 13442 TRANSPORTATION 1027655 THE HAYNER HOYT CORPORATION 625 ERIE BLVD WEST SYRACUSE NY 13204 CONSTRUCTION 1016610 UW MARX 20 GURLEY AVENUE TROY NY 12182 CONSTRUCTION 1759028 51 X 2205667 45895469 6257992 48101136 TUITION AND FEES 900099 133735627 133735627 SALES & SERVICES OF AUXILIARIES 900099 24795945 23627353 1168592 OTHER EDUCATIONAL ACTIVITIES 900099 3066836 3066836 161598408 6449714 -77236 6526950 0 424105 424105 711783 893682 -181899 0 -181899 -181899 144456186 96170 115736868 28719318 96170 28815488 28815488 0 0 3708638 2310747 1397891 1397891 0 246604843 160429816 1091356 36982535 976611 976611 39150383 39150383 6906915 6906915 0 3051168 3051168 719795 719795 69631932 57093972 8295625 4242335 7375668 6269300 731279 375089 8698726 7360841 759403 578482 5078246 4210514 574336 293396 4462449 3275153 1070930 116366 542982 397836 130921 14225 197690 145092 47443 5155 156857 115016 37740 4101 0 672344 493458 161354 17532 7103333 5205172 1712124 186037 0 0 2040757 1714236 153057 173464 0 570264 570264 8039569 7029670 457989 551910 0 0 8416521 8416521 0 12493930 11266484 1098612 128834 1953946 1145012 779625 29309 UTILITIES 6005920 5048427 776387 181106 REPAIRS & MAINTENANCE 4433731 3781903 527324 124504 GENERAL OPERATING EXPENSES 13973717 11029087 1826198 1118432 LIBRARY COSTS AND ACQUISITIONS 2388050 2385737 2052 261 1974061 1003046 604368 366647 217015565 188761613 19746767 8507185 1569666 1902747 30796330 31843003 6539481 13074041 2105698 1484556 0 0 0 0 3066796 2889115 2228889 1842147 4120057 4235903 566282911 213018333 339740389 353264578 223272439 195251922 603654786 718827858 0 0 0 0 9193645 9121160 1226288176 1333737030 15871082 19827161 0 0 15805776 13739135 199597072 196349575 0 0 0 0 0 0 0 0 43683950 48000734 274957880 277916605 X 313977491 330639167 297046173 365109936 340306632 360071322 951330296 1055820425 1226288176 1333737030 X 29589278 75739182 -838331 X false true X true true true X 28497140 39582920 28093155 35991163 48101136 180265514 0 0 28497140 39582920 28093155 35991163 48101136 180265514 3651810 176613704 8026173 8080417 4085302 6625817 7585602 34403311 0 0 1925834 0 0 1925834 0 216594659 742880694 0.81541 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 403 false true 156857 157260 false Form 990, Schedule C, Part II-B, Line 1G COLGATE STAFF FROM TIME TO TIME SEND LETTERS TO POLITICAL REPRESENTATIVES EXPRESSING OPINIONS ON CERTAIN LEGISLATION AND TOPICS. THE ESTIMATED AMOUNT OF EXPENSES INCURRED FOR THESE ACTIVITIES DURING THE CURRENT FISCAL YEAR IS $403. Form 990, Schedule C, Part II-B, Line 1I COLGATE UNIVERSITY BELONGS TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. AGGREGATE DUES IN THE AMOUNT OF $141,641 WERE PAID DURING THE FISCAL YEAR AND REPORTED ON THE RETURN. SOME PORTION OF THOSE DUES PAID MAY BE UTILIZED FOR LOBBYING ACTIVITIES. IN ADDITION, COLGATE ALSO WORKED WITH OUTSIDE FIRMS TO LOBBY FOR GRANTS TO FUND CERTAIN CAPITAL PROJECTS. DURING THE CURRENT FISCAL YEAR THE AMOUNT PAID TO OUTSIDE FIRMS WAS $15,216. 19190 15328856 X X X X false 775509811 27613657 105662687 13826837 21536247 259516 873163555 699409112 23508671 86258849 12920370 20475833 270618 775509811 710608283 21460984 -1478033 11759624 19180996 241502 699409112 609693550 21043099 108989396 10909640 18149524 58598 710608283 550499329 31135407 60060185 12495549 19183107 322715 609693550 0.22970 0.40010 0.37020 false false 35957711 35957711 428517821 135866324 292651497 7392670 6782103 610567 94414709 70369906 24044803 353264578 INTERMEDIATE TERM INVESTMENTS 20225503 F CASH EQUIVALENTS 57322566 F EQUITY INVESTMENTS 98049472 F FIXED INCOME INVESTMENTS 21475851 F PRIVATE EQUITY 101992261 F VENTURE CAPITAL 25431460 F HEDGE 309533830 F REAL ASSETS 83918558 F OTHER 878357 F 718827858 0 ANNUITIES & DEF. GIVING ARRANG. 14195738 POST-RETIREMENT BENEFIT OBLIGATION 20779272 FEDERAL STUDENT LOAN FUNDS 3424194 CONDITIONAL ASSET RETIREMENT OBLIG. 9601530 48000734 X FORM 990, SCHEDULE D, PART III, LINE 4 - DESCRIPTION OF ARTWORK THE PICKER ART GALLERY AT COLGATE UNIVERSITY SEEKS TO ENGAGE THE IMAGINATIONS, STIMULATE THE MINDS AND CAPTIVATE THE EYES OF ITS VISITORS - STUDENTS, FACULTY, STAFF, COMMUNITY MEMBERS AND TRAVELERS ALIKE. IT AIMS TO SERVE AS A LABORATORY FOR THE EXPLORATION AND PRESENTATION OF NEW IDEAS ABOUT AND RELATED TO ART; AS A FORUM FOR INTERDISCIPLINARY COLLABORATIONS GROUNDED IN VISUAL UNDERSTANDING; AS A BEACON OF EXCELLENCE IN ITS EXHIBITIONS, PROJECTS AND PUBLICATIONS; AND AS A SANCTUARY FOR THE CONTEMPLATION AND ENJOYMENT OF ART. THE LONGYEAR MUSEUM OF ANTHROPOLOGY IS MAINTAINED BY THE DEPARTMENT OF SOCIOLOGY AND ANTHROPOLOGY AS A TEACHING MUSEUM. THE COLLECTION OF ARCHAEOLOGICAL AND ETHNOLOGICAL MATERIALS, PRIMARILY RELATED TO THE AMERICAN INDIAN AND PALEOLITHIC IMPLEMENTS, INCLUDES THE MORTIMER C. HOWE COLLECTION OF AMERICAN INDIAN ARTIFACTS, THE HERBERT W. BIGFORD COLLECTION OF ONEIDA INDIAN ARCHAEOLOGY AND THE WALTER BENNETT COLLECTION OF IROQUOIS AND PRE-IROQUOIS ITEMS. The Robert M. Linsley Geology Museum exhibits minerals, rocks, and fossils, highlighting the beauty and wonder of these objects while also informing visitors about how geologists study the Earth. Threaded throughout the museum is a specific focus on what we know about New York State's geologic past. FORM 990, SCHEDULE D, PART V, LINE 4 - USE OF ENDOWMENT FUNDS THE ENDOWMENT IS MANAGED AND INVESTED TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE UNIVERSITY. EXAMPLES OF SUPPORT PROVIDED INCLUDE FINANCIAL AID, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS. FORM 990, SCHEDULE D, PART X, LINE 2 - UNCERTAIN TAX POSITIONS THE UNIVERSITY, INCLUDING COLGATE INN, LLC; HAMILTON INITIATIVE, LLC; PALACE THEATER, LLC; AND HAMILTON THEATER, LLC, ALL SINGLE MEMBER LIMITED LIABILITY CORPORATIONS OF WHICH THE UNIVERSITY IS THE SOLE MEMBER, GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED BY THE RELEVANT TAXING AUTHORITY. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, PART 1, LINE 3 Colgate University fully subscribes to all federal and state civil rights laws banning discrimination in private institutions of higher education. These include but are not limited to Title IX and Title VI of the Education Amendments of 1972, Title VII of the Civil Rights Act of 1964, the American with Disabilities Act, the Rehabilitation Act, and the New York State Human Rights Law. Colgate is committed not only to compliance with these laws but with promoting a community that lives out the values these equal opportunity laws envision. The University publicizes its racially non-discriminatory policy on its website and annually in the University catalogue. FORM 990, SCHEDULE E, PART I, LINE 6A COLGATE UNIVERSITY PARTICIPATES IN THE TITLE IV AID PROGRAMS OF THE FEDERAL GOVERNMENT, RECEIVES RESTRICTED GRANTS AND UNRESTRICTED GIFTS FROM THE STATE OF NEW YORK AND WILL APPLY AS APPROPRIATE FOR GRANTS AWARDED ON A COMPETITIVE BASIS BY THE STATE OR FEDERAL GOVERNMENT. true East Asia and the Pacific 3 3 Program Services STUDY GROUPS 771733 Europe (Including Iceland and Greenland) 12 12 Program Services STUDY GROUPS 2337861 Central America and the Caribbean Investments 240026398 North America Investments 15925932 Sub-Saharan Africa Investments 1616057 East Asia and the Pacific Grantmaking 2784813 Central America and the Caribbean Grantmaking 148918 Middle East and North Africa Grantmaking 378017 Sub-Saharan Africa Grantmaking 1419705 Europe (Including Iceland and Greenland) Grantmaking 789509 North America Grantmaking 1385953 15 15 15 15 267584896 267584896 Scholarships East Asia and the Pacific 61 2784813 Scholarships Central America and the Caribbean 4 148918 Scholarships Middle East and North Africa 7 378017 Scholarships Sub-Saharan Africa 27 1419705 Scholarships Europe (Including Iceland and Greenland) 15 789509 Scholarships North America 26 1385953 true false true true true false Form 990, Schedule F, Part I, Line 2 Procedures for monitoring the use of grant funds outside the U.S.: Financial aid ("grants") is awarded based on need as determined by an analysis of each applicants required submission of a College Scholarship Service Profile, a Free Application for Federal Student Aid (FAFSA), and (when applicable) federal tax returns. Grants awarded through the Financial Aid Office are disbursed directly to the student's tuition account where they are applied to educational charges. Grants are awarded in combination with an expected family contribution, if any, to meet an individual's educational program budget. Grants are reviewed annually for compliance by an independent audit firm. true HAMILTON CENTRAL SCHOOL 47 W KENDRICK HAMILTON NY 13346 156002230 PUBLIC SCHOOL 520879 1250 FMV used equip. GENERAL FUNDING VILLAGE OF HAMILTON 3 Broad ST HAMILTON NY 13346 156001316 VILLAGE 138219 260 FMV USED EQUIP. General Funding TOWN OF HAMILTON 16 BROAD STREET HAMILTON NY 13346 156000972 TOWN 83624 695 FMV USED EQUIP. GENERAL FUNDING COMMUNITY MEMORIAL HOSPITAL FDN 150 BROAD STREET HAMILTON NY 13346 161603283 501(c)(3) 50000 GENERAL FUNDING PARTNERSHIP FOR COMM DEVELOPMENT 11 PAYNE STREET HAMILTON NY 13346 161572206 501(c)(3) 50000 GENERAL FUNDING COLGATE UNIVERSITY ALUMNI CORPORATION 13 Oak Drive Hamilton NY 13346 150532083 501 (c) (3) 105679 General Funding Fountain Fire Company No 1 121 Lebanon St Hamilton NY 13346 222325504 501 (c) (3) 20000 Firetruck 4 3 Scholarships to students 1069 39150383 GRANT PROCEDURES COLGATE UNIVERSITY OFFERS GRANTS & LOANS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. STUDENTS MUST MEET CERTAIN ELIGIBILITY REQUIREMENTS. GRANTS AND LOANS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER SUPPORTING DOCUMENTATION TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. COLGATE ALSO OFFERS A LIMITED NUMBER OF ATHLETIC SCHOLARSHIPS (NON-NEED BASED) THAT ARE AVAILABLE FOR SELECT INTERCOLLEGIATE SPORTS. FORM 990, SCHEDULE I, PART II, LINE 1 COLGATE UNIVERSITY RECEIVES VARIOUS REQUESTS FOR GRANTS AND OTHER SUPPORT FROM LOCAL ENTITIES THROUGHOUT THE FISCAL YEAR. THE ENTITIES SELECTED TO RECEIVE GRANTS, AS LISTED IN PART II, ARE SELECTED TO RECEIVE FUNDING SOLELY FOR LOCAL PURPOSES. X X X X true true X X X X X false false false false false false false true true true JEFFREY HERBST PRESIDENT 484500 0 0 0 21647 0 35502 0 129363 0 671012 0 0 0 ROBERT TYBURSKI VP & SR. ADVISOR, SECRETARY 233250 0 0 0 3072 0 34534 0 437 0 271293 0 0 0 DAVID HALE VP FOR FIN & ADMIN, TREASURER 137676 0 70000 0 13495 0 16554 0 3685 0 241410 0 0 0 CAROLEE WHITE INTERIM VP FOR FIN, TREASURER 153737 0 0 0 24909 0 17873 0 40428 0 236947 0 0 0 MURRAY DECOCK VP FOR INSTI. ADVANCEMENT 289223 0 0 0 11456 0 27966 0 28914 0 357559 0 0 0 SUZY NELSON VP & DEAN OF THE COLLEGE 217843 0 0 0 2286 0 33907 0 56944 0 310980 0 0 0 DOUG HICKS PROVOST, DEAN OF THE FACULTY 255000 0 0 0 2546 0 31824 0 30240 0 319610 0 0 0 JOSEPH HOPE DIRECTOR OF INVESTMENTS 185338 0 96995 0 3049 0 23703 0 6316 0 315401 0 0 0 VICTORIA CHUN DIRECTOR OF ATHLETICS 209691 0 0 0 11096 0 25524 0 6316 0 252627 0 0 0 JANE PINCHIN PROFESSOR 181341 0 0 0 20920 0 26217 0 6316 0 234794 0 0 0 MARGARET MAUER PROFESSOR 168941 0 0 0 30819 0 24213 0 6316 0 230289 0 0 0 ANTHONY AVENI PROFESSOR 191569 0 0 0 4729 0 28898 0 6316 0 231512 0 0 0 Scott Brown Former Key Employee 126138 0 0 0 1751 0 15415 0 6316 0 149620 0 0 0 Bruce Selleck Former Key Employee 173350 0 0 0 20563 0 25775 0 6316 0 226004 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: EXPENSES FOR COMPANION TRAVEL WERE INCURRED BY PRESIDENT HERBST ON A LIMITED BASIS. COLGATE ALLOWS COMPANION TRAVEL ONLY ON OCCASIONS WHERE THERE IS A SPECIFIC BUSINESS PURPOSE, SUCH AS ATTENDANCE AT FUNDRAISING EVENTS. THE BENEFIT IS INCLUDED IN THE INDIVIDUAL'S FORM W-2, WHERE APPROPRIATE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: HOUSING ALLOWANCES ARE GRANTED ONLY WHEN IT IS SPECIFICALLY STATED IN AN EMPLOYMENT CONTRACT. SUCH AN ALLOWANCE IS APPROVED AS PART OF THE EMPLOYEE'S COMPENSATION PACKAGE. PRESIDENT HERBST, DEAN HICKS AND DEAN NELSON WERE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF THEIR EMPLOYMENT AND FOR THE CONVENIENCE OF COLGATE, THEREFORE THEIR HOUSING AMOUNTS WERE NOT INCLUDED IN THEIR W-2'S. HEALTH OR SOCIAL CLUB DUES: JOSEPH HOPE WAS PROVIDED WITH A CLUB MEMBERSHIP. THE MEMBERSHIP WAS TREATED AS TAXABLE COMPENSATION AND INCLUDED IN THE INDIVIDUAL'S FORM W-2. PERSONAL SERVICES: PRESIDENT HERBST RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT HIS CAMPUS RESIDENCE. SUCH SERVICES WERE STIPULATED IN PRESIDENT HERBST'S EMPLOYMENT CONTRACT. THE BENEFIT IS INCLUDED IN THE INDIVIDUALS FORM W-2, WHERE APPROPRIATE. SCHEDULE J, PART I, LINE 7 NON-FIXED BONUSES WERE PAID AND ARE INCLUDED IN SCHEDULE J, PART II. SCHEDULE J, PART I, LINE 8 PRESIDENT HERBST WAS EMPLOYED AT COLGATE UNIVERSITY AS OF JUNE 1, 2010 AND THEREFORE THE INITIAL CONTRACT EXCEPTION APPLIES. A MCCRC-SERIES 2012A 272499520 557363BJ6 2012-06-15 30709683 REFINANCE OF SERIES 2003A & 2003B false false false B MCCRC-SERIES 2010A 272499520 557363AS7 2010-05-25 36532630 CONSTR PROJ & REFINANCE SERIES '98 false false false C MCIDA-SERIES 2005A 521325841 557365CP6 2005-09-26 46388559 VARIOUS CONSTRUCTION PROJECTS false false false D MCCRC-SERIES 2013A 272499520 557363BY3 2013-02-14 49773660 REFINANCE SERIES 2004A false false false A 0 0 30709683 0 0 0 472315 0 0 0 30237368 0 2012 false true true true B 370000 0 36552015 0 0 0 662077 0 0 15039266 20850672 0 2012 true false true true C 0 0 48639349 0 0 0 910822 457347 0 47271180 0 0 2007 false false true true D 0 0 49773660 0 0 0 747727 0 0 0 49021174 4759 2013 false true true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false true true 0 false false false true D false false true true false 0.01400 0.01400 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true 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 Part IV, Question 2 Rebate Computation Performed on: 2012 - June 15, 2012 2010 - April 3, 2013 2005 - October 4, 2007 2013A - February 14, 2013 SHARON POLANSKY SPOUSE OF PRESIDENT 118593 SEE NOTE 1 false Marcelle Tyburski Spouse-Secretary 111018 SEE NOTE 1 false Murray Decock Brother in law-Tr 364291 SEE NOTE 1 false Catherine Bagwell Spse-Dean of Facu 125893 SEE NOTE 1 false Harbourvest Int'l PEP III Note 2 in Part V Below 280800 CAPITAL DISTRIBUTION false Dover Street VII Note 2 in Part V Below 400000 CAPITAL CONTRIBUTION false Dover Street VII Note 2 in Part V Below 3083731 Capital Distribution false BREP VII Note 3 in Part V Below 2759095 Capital Contribution false BREP VII Note 3 in Part V Below 1378012 Capital Distribution false Note 1 Fiscal year 2014 compensation as an employee of Colgate University. NOTE 2 COLGATE TRUSTEE AND MANAGING DIRECTOR OF THE MANAGEMENT COMPANY (HARBOURVEST PARTNERS) WHICH IS GENERAL PARTNER IN THESE FUNDS. NOTE 3 COLGATE TRUSTEE IS THE CEO OF AN ENTITY THAT ENTERED IN TO JOINT VENTURES WITH BREP VII. X 1 50 APPRAISAL X 2 1526 APPRAISAL X 2059 FMV X 335 6168788 FMV X 1 1000 FMV X 1 421 APPRAISAL X EQUIPMENT 4 58721 FMV X Tickets 19 18049 FMV X MISCELLANEOUS 19 7378 FMV false false true FORM 990, SCHEDULE M, PART I, COLUMN B BASED ON THE NUMBER OF CONTRIBUTIONS FORM 990, SCHEDULE M, PART I, LINE 32B ARRANGEMENTS WITH THIRD PARTIES OR RELATED ORGANIZATIONS. COLGATE UNIVERSITY GENERALLY USES NORTHERN TRUST AND CHARLES SCHWAB TO FACILITATE THE SALE OF PUBLICLY TRADED STOCK. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1 COLGATE UNIVERSITY'S MISSION IS TO PROVIDE A DEMANDING, EXPANSIVE EDUCATIONAL EXPERIENCE TO A SELECT GROUP OF DIVERSE, TALENTED, INTELLECTUALLY SOPHISTICATED STUDENTS WHO ARE CAPABLE OF CHALLENGING THEMSELVES, THEIR PEERS AND THEIR TEACHERS IN A SETTING THAT BRINGS TOGETHER LIVING AND LEARNING. THE educational mission of Colgate UNIVERSITY IS TO DEVELOP WISE, THOUGHTFUL, CRITICAL THINKERS AND PERCEPTIVE LEADERS BY ENCOURAGING YOUNG MEN AND WOMEN TO FULFILL THEIR POTENTIAL THROUGH RESIDENCE IN A COMMUNITY THAT VALUES ALL FORMS OF INTELLECTUAL RIGOR AND RESPECTS THE COMPLEXITY OF HUMAN UNDERSTANDING. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE HERLING AND KEY EMPLOYEE DECOCK HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS TOGETHER WITH ITS TAX PROFESSIONALS TO GATHER THE REQUIRED INFORMATION NECESSARY TO PREPARE A DRAFT OF THE FORM 990. ONCE A DRAFT IS COMPLETED, IT IS THEN REVIEWED WITH THE AUDIT COMMITTEE, MANAGEMENT, AND THE TAX PROFESSIONALS. ONCE THE REVIEW IS COMPLETED AND EDITS ARE MADE, A COMPLETE COPY OF THE UNIVERSITY'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO THE FULL BOARD BEFORE ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER OF COLGATE UNIVERSITY IS REQUIRED TO COMPLETE ANNUALLY, IN WRITING, COLGATE'S DISCLOSURE FORM, WHICH REQUIRES DISCLOSURE OF (A) ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH COLGATE OR ANY AFFILIATED ORGANIZATIONS, AND (B) OTHER PERSONAL, FAMILY, FINANCIAL, OR BUSINESS RELATIONSHIPS THAT OTHERWISE COULD BE CONSTRUED TO AFFECT THE INDEPENDENCE OR UNBIASED JUDGMENT OF SUCH TRUSTEE OR OFFICER IN LIGHT OF HIS OR HER DECISION-MAKING AUTHORITY OR RESPONSIBILITIES FOR COLGATE. THE DISCLOSURE STATEMENTS ARE SUBMITTED TO THE TREASURER'S OFFICE AND ARE REVIEWED BY THAT OFFICE, OUTSIDE COUNSEL TO THE UNIVERSITY AND THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A REPORT IS MADE TO THE FULL AUDIT COMMITTEE AND THE BOARD OF TRUSTEES. IN THE EVENT A CONFLICT OF INTEREST IS IDENTIFIED, THE MATTER IS ADDRESSED INITIALLY BY THE AUDIT COMMITTEE AND, IF NECESSARY, BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 14 THE UNIVERSITY ADMINISTRATION HAS UNDERTAKEN TO EXAMINE THE EFFICACY OF A CAMPUS-WIDE DOCUMENT RETENTION AND DESTRUCTION POLICY INTENDED TO REPLACE INDIVIDUAL DEPARTMENT-LEVEL POLICIES. IF DEVELOPED, A PROPOSED CAMPUS-WIDE POLICY WILL BE SUBMITTED TO THE UNIVERSITY'S BOARD OF TRUSTEES FOR ITS APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A & 15B COLGATE UNIVERSITY HAS AN INDEPENDENT EXECUTIVE COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET AND SURVEY DATA. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS, INCLUDING THE PRESIDENT, ALL OFFICERS, AND KEY EMPLOYEES, IS REASONABLE AND SATISFIES THE REBUTTABLE PRESUMPTION OF TREASURY REGULATION 53.4958-6. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY THE ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE. THE COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES FOR THE PURPOSE OF ASSISTING THE BOARD IN FULFILLING ITS RESPONSIBILY TO THE ORGANIZATION AND THE COMMUNITY TO ENSURE THAT THE COMPENSATION COMPLIES WITH THE ORGANIZATION'S POLICIES. THE COMMITTEE COMPRISES TRUSTEES WHO ARE INDEPENDENT OF MANAGEMENT AND THE ORGANIZATION AND FREE OF CONFLICTS OF INTEREST, THEREBY PLACING THEM IN A POSITION TO EXERCISE INDEPENDENT JUDGMENT. PRIOR TO MAKING ANY COMPENSATION DECISIONS, THE EXECUTIVE COMPENSATION COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPENSATION DATA FROM COMPARABLE INSTITUTIONS. THE COMMITTEE CONTRACTS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES LOCAL AND NATIONAL COMPENSATION SURVEYS TO SET COMPENSATION LEVELS. FINALLY, THE EXECUTIVE COMPENSATION COMMITTEE ADEQUATELY AND CONTEMPORANEOUSLY DOCUMENTED THE BASIS FOR ITS COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C - DISCLOSURE THE UNIVERSITY 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 V, LINE 4B AUSTRALIA FRANCE GERMANY SWITZERLAND JAPAN SPAIN UNITED KINGDOM JAMAICA CHINA ITALY DENMARK EGYPT FORM 990, PART VII, SECTION A - FORMER KEY EMPLOYEE SCOTT BROWN AND BRUCE SELLECK ARE LISTED AS FORMER KEY EMPLOYEES ON PART VIII, SECTION A; HOWEVER, THEY ARE STILL ACTIVE UNIVERSITY EMPLOYEES AT A LESSER CAPACITY THAN A KEY EMPLOYEE. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $2,205,000 POSTRETIREMENT BENEFITS ($3,309,000) OTHER $265,669 TOTAL ($838,331) COLGATE INN LLC 11 PAYNE STREET HAMILTON NY 13346 161601117 LODGING/FOOD NY -361496 9662864 NA HAMILTON INITIATIVE LLC PO BOX 219 HAMILTON NY 13346 161584169 REAL ESTATE NY -388116 7070594 NA PALACE THEATER LLC PO BOX 207 HAMILTON NY 13346 010549094 ENTERTAINMENT NY -211433 1612053 NA HAMILTON THEATER LLC PO BOX 1895 7 LEBANON STREET HAMILTON NY 13346 050535870 MOVIE THEATER NY -137322 1239409 NA COLGATE ALUMNI CORPORATION INC 13 OAK DRIVE HAMILTON NY 13346 150532083 ALUMNI AFFAIR NY 501(c)(3) 11 NA false CHARITABLE ANNUITY TRUSTS (2) SUPPORT NY NA TRUST true CHARITABLE UNITRUSTS (16) SUPPORT NY NA TRUST true POOLED INCOME FUNDS 13 OAK DRIVE HAMILTON NY 13346 SUPPORT NY NA TRUST true CRATSCRUTS - Colgate is NOT the trustee 13 OAK DRIVE HAMILTON NY 13346 SUPPORT NY NA TRUST true false true false false false false false false false false false false true true true false false true true Charitable Unitrusts R 9073873 Cash