BABSON COLLEGE: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
BABSON COLLEGE (EIN 04-2103544)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-04
IRS object ID
201541249349300544
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-04T10:40:17-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN134008324PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRICEWATERHOUSECOOPERS LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1125 HIGH STREETAddressLine1
CityBOSTONCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103544EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BABSON COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlBABSBusinessNameControlTxt
Phone7812395298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code024570310ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE CRAVENPersonNm
Person TitleCHIEF ADMINISTRATIVE OFFICERPersonTitleTxt
Phone7812395698PhoneNum
Signature2015-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIN COUTUREPreparerPersonNm
PTINP01390592PTIN
Phone7812395298PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKERRY HEALEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code02457ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$326,780,121GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BABSON.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1919FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionBABSON COLLEGE IS A GLOBAL LEADER IN MANAGEMENT EDUCATION WITH APPROXIMATELY 2000 UNDERGRADUATE AND 1200 GRADUATE ENROLLMENT. WE EDUCATE MEN AND WOMEN TO BE ENTREPRENEURIAL LEADERS IN A RAPIDLY CHANGING WORLD. THROUGHOUT THEIR CAREERS, WE PREPARE THEM TO IDENTIFY OPPORTUNITIES AND INITIATE ACTIONS THAT RESULT IN GENUINE ACCOMPLISHMENT. OUR INNOVATIVE CURRICULA CHALLENGE STUDENTS TO THINK CREATIVELY AND ACROSS DISCIPLINARY BOUNDARIES. WE CULTIVATE THE WILLINGNESS TO TAKE AND MANAGE RISK, THE ABILITY TO ENERGIZE OTHERS TOWARD A GOAL, AND THE COURAGE TO ACT RESPONSIBLY. OUR STUDENTS UNDERSTAND THAT LEADERSHIP REQUIRES BOTH TECHNICAL KNOWLEDGE AND A SOPHISTICATED APPRECIATION OF INSTITUTIONS, SOCIETIES, CULTURES, AND THE SELF. THEY WELCOME THE CHALLENGE OF LEARNING CONTINUOUSLY AND TAKING RESPONSIBILITY FOR THEIR CAREERS. OUR STUDENTS WILL BE KEY CONTRIBUTORS IN ESTABLISHED ENTERPRISES AS WELL AS EMERGING VENTURES.ActivityOrMissionDesc
Voting Members Governing Body38VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee2247TotalEmployeeCnt
Total Volunteers2501TotalVolunteersCnt
Total Gross UBI$894,678TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$111,208NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,275,700PYContributionsGrantsAmt
CY Contributions Grants$20,810,199CYContributionsGrantsAmt
PY Program Service Revenue$188,299,609PYProgramServiceRevenueAmt
CY Program Service Revenue$196,225,857CYProgramServiceRevenueAmt
PY Investment Income$8,284,641PYInvestmentIncomeAmt
CY Investment Income$9,429,009CYInvestmentIncomeAmt
PY Other Revenue$2,515,153PYOtherRevenueAmt
CY Other Revenue$2,632,752CYOtherRevenueAmt
PY Total Revenue$210,375,103PYTotalRevenueAmt
CY Total Revenue$229,097,817CYTotalRevenueAmt
PY Grants And Similar Paid$32,996,104PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$36,030,117CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$95,661,791PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$102,354,314CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,174,955CYTotalFundraisingExpenseAmt
PY Other Expenses$70,147,921PYOtherExpensesAmt
CY Other Expenses$75,466,065CYOtherExpensesAmt
PY Total Expenses$198,805,816PYTotalExpensesAmt
CY Total Expenses$213,850,496CYTotalExpensesAmt
PY Revenues Less Expenses$11,569,287PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$15,247,321CYRevenuesLessExpensesAmt
Total Assets BOY$497,548,639TotalAssetsBOYAmt
Total Assets EOY$576,615,266TotalAssetsEOYAmt
Total Liabilities BOY$151,965,895TotalLiabilitiesBOYAmt
Total Liabilities EOY$185,067,181TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$345,582,744NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$391,548,085NetAssetsOrFundBalancesEOYAmt
MissionBABSON COLLEGE EDUCATES MEN AND WOMEN TO BE ENTREPRENEURIAL LEADERS IN A RAPIDLY CHANGING WORLD. WE PREPARE THEM, IDENTIFY OPPORTUNITIES AND INITIATE ACTIONS THAT RESULT IN GENUINE ACCOMPLISHMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$184,413,668ExpenseAmt
Grant$36,030,117GrantAmt
Revenue$196,217,881RevenueAmt
DescBABSON COLLEGE ENROLLS APPROXIMATELY 2,100 UNDERGRADUATE AND 1,200 GRADUATE STUDENTS FROM THE UNITED STATES AND MORE THAN 72 COUNTRIES WORLDWIDE. THE COLLEGE OFFERS EDUCATION IN BUSINESS AND LIBERAL ARTS, AND IT GRANTS THE BACHELOR OF SCIENCE DEGREE THROUGH ITS UNDERGRADUATE PROGRAM. THE COLLEGE ALSO GRANTS MASTER OF BUSINESS ADMINISTRATION DEGREES AND CUSTOM MASTER OF SCIENCE DEGREES THROUGH THE F.W.OLIN GRADUATE SCHOOL OF BUSINESS AT BABSON COLLEGE. ADDITIONALLY, BABSON OFFERS DISTINCT EXECUTIVE EDUCATION PROGRAMS TO HELP COMPANIES REACH THEIR STRATEGIC GOALS.Desc
Total Program Service Expenses$184,413,668TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming ActivitiesYes (1)GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document400IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2247EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members38GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BOWMANBusinessNameLine1
FieldValueIRS element (for citing)
Phone7812395298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1NICHOLS BUILDINGBABSON COLLEGEAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code024570301ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MICHAEL J ANGELAKIS
TRUSTEE1.20Yes (X)$0$0$0
THE HONOR CRAIG BENSON
VICE CHAIR,BOARD OF TRUSTE1.20Yes (X)$0$0$0Yes (X)
ETTORE V BIAGIONI
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
MARLA M CAPOZZI
TRUSTEE1.20Yes (X)$4,000$0$01.20
PAUL W CHISHOLM
TRUSTEE1.20Yes (X)$0$0$0
THEODORE A CLARK
TREASURER1.20Yes (X)$0$0$0Yes (X)
ANN-MARIE SWEENEY COPLAND
TRUSTEE1.20Yes (X)$0$0$0
TIMOTHY A DEMELLO
TRUSTEE1.20Yes (X)$0$0$0
DEBORAH DESANTIS
TRUSTEE1.20Yes (X)$0$0$0
GARY T DICAMILLO
TRUSTEE1.20Yes (X)$6,779$0$0
CRAIG M DONALDSON
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
FRANK M FISCHER
TRUSTEE1.20Yes (X)$0$0$0
MARCO A GARGUREVICH
TRUSTEE (UNTIL 10/13)1.20Yes (X)$0$0$0
THOMAS F GILBANE JR
TRUSTEE1.20Yes (X)$0$0$0
LEONARD GREEN
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
MUHAMMAD H HABIB
TRUSTEE1.20Yes (X)$0$0$0
DR KERRY HEALEY
TRUSTEE/PRESIDENT (STARTING 7/1/13)40.00Yes (X)$413,109$0$52,889Yes (X)20.00
BRUCE T HERRING
VICE CHAIR,BOARD OF TRUSTE1.20Yes (X)$0$0$0Yes (X)
ERIC G JOHNSON
TRUSTEE1.20Yes (X)$0$0$0
FRED SC KIANG
TRUSTEE1.20Yes (X)$0$0$0
CARLETON F KILMER
TRUSTEE1.20Yes (X)$0$0$0
CARMELLA KLETJIAN
TRUSTEE1.20Yes (X)$0$0$0
DAVID F LAMERE
TRUSTEE1.20Yes (X)$0$0$0
LOUIS J LAVIGNE JR
TRUSTEE1.20Yes (X)$0$0$01.20
MICHAEL S LORBER
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
DAVID LUCCHINO
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
WARREN KKLUKE
TRUSTEE1.20Yes (X)$0$0$0
ANDRONICO LUKSIC
TRUSTEE1.20Yes (X)$0$0$0
CARLOS MATTOS
TRUSTEE1.20Yes (X)$0$0$0
DR RICHARD K MILLER
TRUSTEE1.20Yes (X)$0$0$0
GORDON PRICHETT
TRUSTEE1.20Yes (X)$16,250$0$0
RICHARD A RENWICK
TRUSTEE1.20Yes (X)$0$0$0
KENNETH G ROMANZI
TRUSTEE1.20Yes (X)$0$0$0
THOMAS T STALLKAMP
TRUSTEE1.20Yes (X)$0$0$01.20
AMANDA STRONG
TRUSTEE (STARTING 10/13)1.20Yes (X)$0$0$0
MARTHA D VORLICEK
TRUSTEE1.20Yes (X)$0$0$0
ROBERT E WEISSMAN
TRUSTEE1.20Yes (X)$0$0$0
JOSEPH WINN
TRUSTEE/CHAIR,BOARD OF TRUSTEES1.20Yes (X)$0$0$0Yes (X)1.20
GARY ZWERLING
TRUSTEE1.20Yes (X)$0$0$0
DENNIS HANNO
PROVOST40.00$374,560$0$56,896Yes (X)
RANCH KIMBALL
COO(STARTING 7/22/13)40.00$184,301$0$3,869Yes (X)
KATHERINE CRAVEN
CAO(STARTING 2/14)40.00$0$0$0Yes (X)
MARY ROSE
V.P. FOR CAMPUS & COMMUNITY AFFAIRS40.00$212,710$0$46,265Yes (X)
DIANA ZAIS
V.P. FOR DEVELOPMENT40.00$199,441$0$50,407Yes (X)
CAROL HACKER
V.P.OF ALUMNI&FRIENDS NETW40.00$184,949$0$34,510Yes (X)
PHILIP SHAPIRO
V.P. FOR FINANCE (UNTIL 2/14)40.00$309,663$0$57,322Yes (X)
DONNA BONAPARTE
V.P. FOR HR40.00$217,352$0$32,640Yes (X)
GRANT GOSSELIN
V.P. FOR ENROLLMENT/DEAN OF ADMISSION40.00$173,222$0$46,857Yes (X)
JONATHAN MOLL
V.P. AND GENERAL COUNSEL40.00$245,531$0$54,630Yes (X)20.00
SAMUEL DUNN
V.P. FOR FACILITIES MGT/CIO40.00$387,848$0$36,844Yes (X)
TRACEE PETRILLO
CLERK (UNTIL 10/13)40.00$141,701$0$23,250Yes (X)20.00
JANE EDMONDS
VP FOR GOV/CLERK (STARTING 10/13)40.00$46,974$0$299Yes (X)20.00
ELAINE EISENMAN
DEAN OF BABSON EXE. EDU.40.00$349,041$0$43,866Yes (X)
JAY A RAO
FACULTY40.00$487,107$0$47,685Yes (X)
PAUL MULLIGAN
FACULTY40.00$353,979$0$37,046Yes (X)
PATRICIA GUINAN
FACULTY40.00$372,681$0$39,867Yes (X)
MICHAEL FETTERS
FACULTY40.00$326,351$0$23,011Yes (X)
JEAN PIERRE JEANNET
FACULTY40.00$318,627$0$13,545Yes (X)
SHAHID ANSARI
FORMER PROVOST0.00$333,659$0$28,63540.00Yes (X)
DR LEONARD A SCHLESINGER
FORMER PRESIDENT40.00$419,545$0$64,64220.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$6,079,380TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$794,975TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K240IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
CONNELLY PARTNERS LLC
46 WALTHAM STREETBOSTONMA02118ADVERTISING$2,723,999
SASAKI ASSOCIATES INC
64 PLEASANT STRRETWATERTOWNMA02472CONSULTING/DESIGN$1,173,738
CANON BUSINESS SOLUTIONS INC
15004 COLLECTIONS CENTER DRIVECHICAGOIL60693PRINTING$776,794
ROYALL & COMPANY
1920 EAST PARHAM ROADRICHMONDVA232282206STUDENT RECRUITING$750,380
BIGELOW & FLEMING LLC
14 NORFOLK AVENUESOUTH EASTONMA02375CONSTRUCTION$665,718
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K92CntrctRcvdGreaterThan100KCnt
Fundraising$63,300FundraisingAmt
Government Grants$681,451GovernmentGrantsAmt
All Other Contributions$20,065,448AllOtherContributionsAmt
Noncash Contributions$2,078,890NoncashContributionsAmt
Total Contributions$20,810,199TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES900099$148,037,608$148,037,608
ROOM & BOARD900099$23,973,265$23,973,265
ED/NON-ED PROG. REV.900099$23,831,416$23,831,416
OTHER ED PROG/AUX.ACT.721000$383,568$383,568
FieldValueIRS element (for citing)
Total Program Service Revenue$196,225,857TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,224,668TotalRevenueColumnAmt
Unrelated Business Revenue$274,547UnrelatedBusinessRevenueAmt
Exclusion$1,950,121ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,613,801RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,613,801RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,613,801TotalRevenueColumnAmt
Exclusion$2,613,801ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$104,857,336SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$97,652,995SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,204,341SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,204,341TotalRevenueColumnAmt
Unrelated Business Revenue$236,563UnrelatedBusinessRevenueAmt
Exclusion$6,967,778ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$41,650FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$63,300ContriRptFundraisingEventAmt
Fundraising Direct Expenses$14,723FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,927TotalRevenueColumnAmt
Exclusion$26,927ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$6,610GamingGrossIncomeAmt
Gaming Direct Expenses$14,586GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,976TotalRevenueColumnAmt
Related Or Exempt Func Income-$7,976RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$229,097,817TotalRevenueColumnAmt
Related Or Exempt Func Income$195,834,313RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$894,678UnrelatedBusinessRevenueAmt
Exclusion$11,558,627ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$331,978TotalAmt
Program Services$331,978ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$35,698,139TotalAmt
Program Services$35,698,139ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,378,710TotalAmt
Program Services$1,003,404ProgramServicesAmt
Management And General$3,751,204ManagementAndGeneralAmt
Fundraising$624,102FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$915,223TotalAmt
Program Services$801,503ProgramServicesAmt
Management And General$113,720ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$75,416,856TotalAmt
Program Services$65,670,656ProgramServicesAmt
Management And General$7,701,264ManagementAndGeneralAmt
Fundraising$2,044,936FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,629,986TotalAmt
Program Services$4,902,417ProgramServicesAmt
Management And General$574,911ManagementAndGeneralAmt
Fundraising$152,658FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$9,889,137TotalAmt
Program Services$8,610,655ProgramServicesAmt
Management And General$1,010,353ManagementAndGeneralAmt
Fundraising$268,129FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,124,402TotalAmt
Program Services$4,462,170ProgramServicesAmt
Management And General$523,283ManagementAndGeneralAmt
Fundraising$138,949FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$445,782TotalAmt
Management And General$445,782ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$318,051TotalAmt
Management And General$318,051ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,046,102TotalAmt
Program Services$4,379,292ProgramServicesAmt
Management And General$631,917ManagementAndGeneralAmt
Fundraising$34,893FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,175,064TotalAmt
Program Services$4,721,553ProgramServicesAmt
Management And General$1,260,639ManagementAndGeneralAmt
Fundraising$192,872FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,841,147TotalAmt
Program Services$8,200,935ProgramServicesAmt
Management And General$583,065ManagementAndGeneralAmt
Fundraising$57,147FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,768,216TotalAmt
Program Services$5,665,728ProgramServicesAmt
Management And General$78,242ManagementAndGeneralAmt
Fundraising$24,246FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,504,166TotalAmt
Program Services$4,843,199ProgramServicesAmt
Management And General$1,490,052ManagementAndGeneralAmt
Fundraising$170,915FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,090,829TotalAmt
Program Services$1,998,525ProgramServicesAmt
Management And General$76,527ManagementAndGeneralAmt
Fundraising$15,777FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,708,506TotalAmt
Program Services$4,708,506ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,993,655TotalAmt
Program Services$9,836,923ProgramServicesAmt
Management And General$114,633ManagementAndGeneralAmt
Fundraising$42,099FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD & BEVERAGE SERVICE$8,013,845$8,013,810$35
OTHER EXPENSES$7,247,632$2,535,435$4,709,382$2,815
PROFESSIONAL CONSULTING$5,396,968$4,164,570$826,981$405,417
ROOM, CONF. & ADMIN.$3,034,193$3,034,193

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,881,909TotalAmt
Program Services$830,077ProgramServicesAmt
Management And General$1,051,832ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$213,850,496TotalAmt
Program Services$184,413,668ProgramServicesAmt
Management And General$25,261,873ManagementAndGeneralAmt
Fundraising$4,174,955FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$48,017,531BOYAmt
EOY$35,254,049EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,535,030BOYAmt
EOY$29,538,449EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,261,134BOYAmt
EOY$7,208,119EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,680,528BOYAmt
EOY$4,358,677EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,519,602BOYAmt
EOY$4,998,129EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$348,017,563LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$210,789,777LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$126,374,507BOYAmt
EOY$137,227,786EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$183,655,051BOYAmt
EOY$240,981,843EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$91,864,917BOYAmt
EOY$89,032,792EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,640,339BOYAmt
EOY$28,015,422EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$497,548,639BOYAmt
EOY$576,615,266EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,278,152BOYAmt
EOY$20,080,864EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,825,227BOYAmt
EOY$11,812,730EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$68,051,227BOYAmt
EOY$99,405,761EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$39,198,663BOYAmt
EOY$36,395,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,612,626BOYAmt
EOY$17,372,826EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$151,965,895BOYAmt
EOY$185,067,181EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$144,344,420BOYAmt
EOY$163,609,705EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$101,901,919BOYAmt
EOY$116,416,261EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$99,336,405BOYAmt
EOY$111,522,119EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$345,582,744BOYAmt
EOY$391,548,085EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$497,548,639BOYAmt
EOY$576,615,266EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$15,247,321ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$30,719,557NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,537OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,711,950CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$23,762,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,033,031CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,275,700CurrentTaxYearMinus1YearAmt
Current Tax Year$20,810,199CurrentTaxYearAmt
Total$86,593,304TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,711,950CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$23,762,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,033,031CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,275,700CurrentTaxYearMinus1YearAmt
Current Tax Year$20,810,199CurrentTaxYearAmt
Total$86,593,304TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,490,037SubstantialContributorsTotAmt
Public Support Total170$73,103,267PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,153,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,301,836CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,798,963CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,347,086CurrentTaxYearMinus1YearAmt
Current Tax Year$4,838,469CurrentTaxYearAmt
Total$22,439,837TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$58,349CurrentTaxYearMinus3YearsAmt
Current Tax Year$111,208CurrentTaxYearAmt
Total$169,557TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,538CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$62,305CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$50,750CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,345CurrentTaxYearMinus1YearAmt
Current Tax Year$48,260CurrentTaxYearAmt
Total$288,198TotalAmt
FieldValueIRS element (for citing)
Total Support$109,490,896TotalSupportAmt
Gross Receipts Rltd Activities$894,084,027GrossReceiptsRltdActivitiesAmt
Public Support CY1700.66770PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part IV Form990ScheduleAPartIVGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10FormAndLineReferenceDesc
ExplanationLINE 10 INCLUDES INCOME FROM FUNDRAISING AND GAMING ACTIVITIES.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$1OtherActivitiesAmt
Total Lobbying Expenditures$1TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$275,519,968BeginningYearBalanceAmt
Contributions$26,558,248ContributionsAmt
Investment Earnings Or Losses$39,608,164InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$2,223,083GrantsOrScholarshipsAmt
Other Expenditures-$7,448,662OtherExpendituresAmt
End Year Balance$332,014,635EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$239,482,137BeginningYearBalanceAmt
Contributions$11,995,372ContributionsAmt
Investment Earnings Or Losses$33,419,630InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$2,173,736GrantsOrScholarshipsAmt
Other Expenditures-$7,213,435OtherExpendituresAmt
End Year Balance$275,519,968EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,252,672BeginningYearBalanceAmt
Contributions$8,301,653ContributionsAmt
Investment Earnings Or Losses-$2,366,163InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$2,152,163GrantsOrScholarshipsAmt
Other Expenditures-$7,543,862OtherExpendituresAmt
End Year Balance$239,492,137EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$197,005,749BeginningYearBalanceAmt
Contributions$18,192,624ContributionsAmt
Investment Earnings Or Losses$37,390,554InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$1,953,530GrantsOrScholarshipsAmt
Other Expenditures-$7,382,725OtherExpendituresAmt
End Year Balance$243,252,672EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$171,024,282BeginningYearBalanceAmt
Contributions$13,840,252ContributionsAmt
Investment Earnings Or Losses$20,723,572InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$1,907,729GrantsOrScholarshipsAmt
Other Expenditures-$6,674,628OtherExpendituresAmt
End Year Balance$197,005,749EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.44000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.30000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.26000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$489,673OtherCostOrOtherBasisAmt
Book Value$489,673BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$260,159,308OtherCostOrOtherBasisAmt
Depreciation$159,346,346DepreciationAmt
Book Value$100,812,962BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,678,543OtherCostOrOtherBasisAmt
Depreciation$33,208,831DepreciationAmt
Book Value$5,469,712BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,690,039OtherCostOrOtherBasisAmt
Depreciation$18,234,600DepreciationAmt
Book Value$30,455,439BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$137,227,786TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescALTERNATIVE INVESTMENTSDesc
Book Value$89,032,792BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$89,032,792TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
GOVERNMENT ADVANCES FOR STUDENT LOAN$3,154,360
MARKET VALUE OF INTEREST RATE SWAP CONTRACTS$14,218,466
FieldValueIRS element (for citing)
Total Liability$17,372,826TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$231,409,539TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$30,316,164NetUnrealizedGainsInvstAmt
Other Revenue-$28,004,442OtherRevenueAmt
Revenue Not Reported$2,311,722RevenueNotReportedAmt
Revenue Subtotal$229,097,817RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$229,097,817TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$184,028,521TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$184,028,521ExpensesSubtotalAmt
Other Expenses Not Included$29,821,975OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$29,821,975ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$213,850,496TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS, WHICH ARE PESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTION ITEMS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES.
PART V, LINE 4:BABSON COLLEGE'S ENDOWMENT CONSISTS OF OVER 250 INDIVIDUAL FUNDS WHICH HAVE BEEN ESTABLISHED OVER TIME FOR VARIOUS PURPOSES, INCLUDING SCHOLARSHIPS, CHAIRS AND PROFESSORSHIPS, FACILITIES, ATHLETICS AND OTHER EDUCATIONAL SERVICES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:STUDENT AID -$35,698,139 CHANGE IN VALUE OF SWAP AGREEMENTS & ANNUITY $403,392. BABSON GLOBAL ADJUSTMENT $7,290,305
PART XII, LINE 4B - OTHER ADJUSTMENTS:STUDENT AID $35,698,139 BABSON GLOBAL ELIMINATION -$5,876,164

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BABSON COLLEGE PROHIBITS DISCRIMINATING ON THE BASIS OF RACE, COLOR, NATIONAL, OR ETHNIC ORIGIN, RELIGION, SEX, LIFESTYLE, SEXUAL ORIENTATION PREFERENCE, AGE, HANDICAP, OR VETERAN STATUS.THIS POLICY IS PUBLISHED IN FACULTY & STAFF HANDBOOK.
SCHEDULE E, PART I, LINE 6BABSON COLLEGE RECEIVES FEDERAL AID TO ENHANCE SCHOLARSHIP AND WORK STUDY PROGRAMS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC012PROGRAM SERVICESFUNDRAISING/ALUMNI RELATIONSEXECUTIVE EDUCATION$399,364
EUROPE036PROGRAM SERVICESPROGRAM SERVICESEXECUTIVE EDUCATION$771,499
MIDDLE EAST AND NORTH AFRICA05PROGRAM SERVICESEXECUTIVE EDUCATION$115,200
SOUTH AMERICA02PROGRAM SERVICESEXECUTIVE EDUCATION$92,087
NORTH AMERICA01PROGRAM SERVICESEXECUTIVE EDUCATION$33,901
EUROPE00DEVELOPMENT/FUNDRAISING$7,446
EAST ASIA AND THE PACIFIC00ALUMNI RELATIONS/FUNDRAISING$628
EUROPE00ALUMNI RELATIONS/FUNDRAISING$299
NORTH AMERICA00ALUMNI RELATIONS/FUNDRAISING$1,050
SOUTH AMERICA00ALUMNI RELATIONS/FUNDRAISING$5,496
SOUTH ASIA00ALUMNI RELATIONS/FUNDRAISING$616
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAM$712,051
EUROPE00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAMS$1,803,386
MIDDLE EAST AND NORTH AFRICA00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAMS$74,351
RUSSIA AND THE NEWLY INDEPENDENT STATES00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAMS$84,936
SOUTH AMERICA00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAMS$162,736
SUB-SAHARAN AFRICA00PROGRAM SERVICESSTUDENT STUDY ABROAD PROGRAM$55,652
CENTRAL AMERICA AND THE CARIBBEANINVESTMENT$35,519,371
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees56SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee56TotalEmployeeCnt
Subtotal Spent$1,420,424SubtotalSpentAmt
Continuation Spent$38,419,645ContinuationSpentAmt
Total Spent$39,840,069TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationALL THE NUMBERS ARE BASED ON THE AMOUNTS ASSOCIATED WITH THE ACTIVITY ON THE ORGANIZATION'S TRIAL BALANCE.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1PRESIDENT'S CUPNameOfEvent1Amt
Gross Receipts Event1$104,950GrossReceiptsEvent1Amt
Charitable Contri Event1$63,300CharitableContriEvent1Amt
Gross Revenue Event1$41,650GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$249NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$380FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$14,094OtherDirectExpensesEvent1Amt
Gross Receipts Total$104,950GrossReceiptsTotalAmt
Charitable Contributions Tot$63,300CharitableContributionsTotAmt
Gross Revenue Total Events$41,650GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$249NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$380FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$14,094OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$14,723DirectExpenseSummaryEventsAmt
Net Income Summary$26,927NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Other Gaming$6,610GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$2,200CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming$11,989NonCashPrizesOtherGamingAmt
Rent Fclty Costs Other Gaming$0RentFcltyCostsOtherGamingAmt
Oth Direct Expnss Other Gaming$397OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming0VolunteerLaborOtherGamingInd
Gross Revenue Total Gaming$6,610GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$2,200CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming$11,989NonCashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$397OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$14,586DirectExpenseSummaryGamingAmt
Net Gaming Income Summary-$7,976NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedMAStatesWhereGamingConductedCd
LicensedYes (1)LicensedInd
License Suspended Etc0LicenseSuspendedEtcInd
Gaming With Nonmembers0GamingWithNonmembersInd
Member Of Other Entity0MemberOfOtherEntityInd
Gaming Own Facility0.50000GamingOwnFacilityPct
Gaming Other Facility0.50000GamingOtherFacilityPct
Individual With BooksRICHARD BOWMANIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code02457ZIPCode
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game Rev0CntrctWith3rdPrtyForGameRevInd

Gaming Manager Business Name GamingManagerBusinessName

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1
FieldValueIRS element (for citing)
Charitable Distribution Rqr0CharitableDistributionRqrInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BABSON GLOBAL INCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code02457ZIPCode
FieldValueIRS element (for citing)
Recipient EIN271642647RecipientEIN
Cash Grant$331,978CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO SUPPORT THE COLLEGE'S MISSION INTERNATIONALLY.PurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeINSTITUTIONAL GRANTS/SCHOLARSHIPGrantTypeTxt
Recipient1285RecipientCnt
Cash Grant$35,698,139CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PROCEDURES FOR NEED-BASED AWARDS INCLUDE REVIEW AND RESOLUTION OF ALL FEDERAL-PROCESSOR-IDENTIFIED ELIGIBILITY CONFLICTS, AND 100% VERFICATION OF REPORTED PARENT AND STUDENT INCOMES. FOR ALL FUNDS THERE IS A SEPARATION OF THE AWARDING AND DISBURSEMENT FUNCTIONS (DIFFERENT INDIVIDUALS RESPONSIBLE FOR EACH), MONTHLY RECONCILIATIONS BETWEEN STUDENT ACCOUNTS AND THE COLLEGE'S GENERAL LEDGER, AND AN ANNUAL AUDIT IN ACCORDANCE WITH OMB CIRCULAR A-133. SCHEDULE I, PART III: THE CASH GRANT IS REFLECTED ON STUDENTS' ACCOUNTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (1)InitialContractExceptionInd
Rebuttable Presumption ProcYes (1)RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR KERRY HEALEY
TRUSTEE/PRESIDENT (STARTING 7/1/13)$404,545$0$0$0$8,564$0$24,000$0$28,889$0$465,998$0$0$0
DENNIS HANNO
PROVOST$311,710$0$14,429$0$48,421$0$28,326$0$28,570$0$431,456$0$0$0
RANCH KIMBALL
COO(STARTING 7/22/13)$145,644$0$20,000$0$18,657$0$3,650$0$219$0$188,170$0$0$0
MARY ROSE
V.P. FOR CAMPUS & COMMUNITY AFFAIRS$194,320$0$0$0$18,390$0$24,343$0$21,922$0$258,975$0$0$0
DIANA ZAIS
V.P. FOR DEVELOPMENT$198,618$0$0$0$823$0$22,817$0$27,590$0$249,848$0$0$0
CAROL HACKER
V.P.OF ALUMNI&FRIENDS NETW$184,231$0$0$0$718$0$20,308$0$14,202$0$219,459$0$0$0
PHILIP SHAPIRO
V.P. FOR FINANCE (UNTIL 2/14)$290,045$0$0$0$19,618$0$28,326$0$28,996$0$366,985$0$0$0
DONNA BONAPARTE
V.P. FOR HR$216,475$0$0$0$877$0$24,071$0$8,569$0$249,992$0$0$0
GRANT GOSSELIN
V.P. FOR ENROLLMENT/DEAN OF ADMISSIO$173,078$0$0$0$144$0$19,704$0$27,153$0$220,079$0$0$0
JONATHAN MOLL
V.P. AND GENERAL COUNSEL$244,478$0$0$0$1,053$0$28,176$0$26,454$0$300,161$0$0$0
SAMUEL DUNN
V.P. FOR FACILITIES MGT/CIO$345,448$0$24,856$0$17,544$0$28,326$0$8,518$0$424,692$0$0$0
TRACEE PETRILLO
CLERK (UNTIL 10/13)$141,588$0$0$0$113$0$15,010$0$8,240$0$164,951$0$0$0
ELAINE EISENMAN
DEAN OF BABSON EXE. EDU.$345,685$0$0$0$3,356$0$28,326$0$15,540$0$392,907$0$0$0
JAY A RAO
FACULTY$484,906$0$2,000$0$201$0$17,064$0$30,621$0$534,792$0$0$0
PAUL MULLIGAN
FACULTY$353,118$0$0$0$861$0$15,660$0$21,386$0$391,025$0$0$0
PATRICIA GUINAN
FACULTY$372,148$0$0$0$533$0$16,058$0$23,809$0$412,548$0$0$0
MICHAEL FETTERS
FACULTY$324,074$0$0$0$2,277$0$22,261$0$750$0$349,362$0$0$0
JEAN PIERRE JEANNET
FACULTY$318,343$0$0$0$284$0$7,326$0$6,219$0$332,172$0$0$0
SHAHID ANSARI
FORMER PROVOST$312,500$0$0$0$21,159$0$28,326$0$309$0$362,294$0$0$0
DR LEONARD A SCHLESINGER
FORMER PRESIDENT$239,481$0$0$0$180,064$0$27,726$0$36,916$0$484,187$0$0$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AFIRST-CLASS TRAVEL: COLLEGE POLICIES ALLOW BOTH THE FORMER PRESIDENT (WHILE PRESIDENT) AND THE CURRENT PRESIDENT TO TRAVEL FIRST-CLASS UNDER CERTAIN CIRCUMSTANCES FOR BUSINESS PURPOSES. TRAVEL FOR COMPANIONS: ON OCCASION, WHILE HE HELD THE POSITION OF PRESIDENT, THE FORMER PRESIDENT'S SPOUSE TRAVELED WITH THE FORMER PRESIDENT TO CERTAIN BABSON COLLEGE FUNDRAISING AND NETWORKING EVENTS TO ASSIST IN THESE ACTIVITIES WHICH FURTHER THE MISSION OF THE COLLEGE. HOUSING ALLOWANCE: THE CURRENT PRESIDENT AND THE FORMER PRESIDENT (WHILE PRESIDENT) ARE REQUIRED TO LIVE IN CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF BABSON COLLEGE. THE FAIR MARKET VALUE OF THE HOUSING AND ANY CLEANING SERVICES,IF PROVIDED,ASSOCIATED WITH THE PROPERTY ARE INCLUDED AS A NONTAXABLE BENEFIT TO BOTH THE FORMER AND THE CURRENT PRESIDENTS. THE CURRENT PROVOST RECEIVES HOUSING AS A TAXABLE BENEFIT. THE FAIR MARKET VALUE OF HOUSING PROVIDED IS INCLUDED ON SCHEDULE J, PART II, COLUMN (B)(III). TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: IN CONNECTION WITH CERTAIN TAXABLE REIMBURSEMENTS, THE FORMER PRESIDENT (WHILE PRESIDENT) RECEIVED CERTAIN TAX GROSS UP PAYMENTS. SUCH GROSS UP PAYMENTS ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AS PART OF HIS EMPLOYMENT CONTRACT. HEALTH OR SOCIAL CLUB: BOTH THE FORMER AND THE CURRENT PRESIDENTS RECEIVE AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB FOR BUSINESS USE RELATED TO THE COLLEGE. WHILE SERVING AS PRESIDENT FOR THE PERIOD 1/1/13-6/30/13, THE FORMER PRESIDENT WAS PROVIDED USE OF A CLUB MEMBERSHIP FOR BUSINESS PURPOSES. THE CURRENT PRESIDENT RECEIVED A CLUB MEMBERSHIP FOR BUSINESS PURPOSES BEGINNING 7/1/13.
PART I, LINE 1BALL THE ITEMS CHECKED ABOVE ARE INCLUDED AS PART OF THE INDIVIDUAL'S EMPLOYMENT CONTRACT AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES.
PART I, LINE 4BEFFECTIVE JULY 1, 2012 THE COLLEGE ENTERED INTO A NON-QUALIFIED SECTION 457(F) ARRANGEMENT WITH ITS FORMER PRESIDENT. UNDER THE TERMS OF THE PLAN, THE FORMER PRESIDENT RECEIVED A CREDIT TO HIS ACCOUNT OF NO LESS THAN $50,000 FOR EACH PLAN YEAR HE HOLDS THE TITLE OF THE FORMER PRESIDENT OF THE COLLEGE ON JUNE 30TH OF SUCH PLAN YEAR. AMOUNTS AWARDED UNDER THE PLAN ARE 100% VESTED AT THE TIME OF THE AWARD. FOR THE CURRENT PLAN YEAR AN AMOUNT OF $50,000 AND AN ACCOMPANYING TAX GROSS UP WERE INCLUDED IN TAXABLE WAGES AND ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THE FINAL CREDIT MADE UNDER THE PLAN WAS MADE ON JUNE 30, 2013. EFFECTIVE JULY 1, 2013 THE COLLEGE ENTERED INTO A NON-QUALIFIED SECTION 457(F) ARRANGEMENT WITH ITS CURRENT PRESIDENT. UNDER THE TERMS OF THE PLAN, THE CURRENT PRESIDENT WILL RECEIVE A CREDIT TO HER ACCOUNT OF NO LESS THAN $52,500 FOR EACH PLAN YEAR SHE HOLDS THE TITLE OF THE PRESIDENT OF THE COLLEGE ON JUNE 30TH OF SUCH PLAN YEAR. AMOUNTS AWARDED UNDER THE PLAN ARE 100% VESTED AT THE TIME OF THE AWARD. NO AMOUNTS WERE AWARDED UNDER THE PLAN IN CALENDAR YEAR 2013.
PART I, LINE 5ONE KEY EMPLOYEE HAS A INCENTIVE PLAN BASED ON THE PERFORMANCE OF CERTAIN PROGRAMS AT THE COLLEGE.
PART I, LINE 7FROM TIME TO TIME OFFICERS AND KEY EMPLOYEES MAY RECEIVE NON-FIXED PAYMENT BONUS. ALL BONUSES ARE APPROVED BY THE PRESIDENT AND REVIEWED BY HUMAN RESOURCES.
PART I, LINE 8DR. KERRY HEALEY IS UNDER HER INITIAL CONTRACT WITH BABSON COLLEGE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MA DEVELOPMENT FINANCE AGENCY (2005A)
A04343181457583RCV52005-08-31$22,996,717NEW BUILDING,MISC. PROJECT, REFINANCE DEBT.000
MA DEVELOPMENT FINANCE AGENCY (2007A)
B04343181457583RSC02007-10-04$21,336,830REFINANCE DEBT (1997A) FOR THE CONSTRUCTION OF SORENSON & THE CHAPEL.000
MA DEVELOPMENT FINANCE AGENCY (2008A)
C04343181457583RUW32008-04-17$36,475,000REFINANCE DEBT (2002A) FOR THE NEW ASTROTURF ATHLETIC FIELD AND ETC.000
MA DEVELOPMENT FINANCE AGENCY (2011A)
D04343181457583UGH52011-07-07$14,518,050REFINANCE DEBT (1998A) BLANK CENTER.000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$7,779,343$22,996,717$333,890$337,000$15,230,149$7,095,6782006Yes (1)0Yes (1)Yes (1)
B$4,403,156$21,336,830$315,976$242,000$20,778,8542007Yes (1)0Yes (1)Yes (1)
C$4,125,000$36,475,000$250,504$29,208$36,195,2882008Yes (1)0Yes (1)Yes (1)
D$2,835,000$14,518,050$243,275$14,274,7752011Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.001100.0011000Yes (1)
B000000Yes (1)
C000000Yes (1)
D000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedInd
(no name)
A000Yes (1)0000Yes (1)
(no name)
B00Yes (1)Yes (1)0000Yes (1)
GOLDMAN SACHS
C00Yes (1)Yes (1)Yes (1)Yes (1)00Yes (1)25.00000000000000
(no name)
D0Yes (1)Yes (1)Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE K, PART IV,LINE 2C, THE REBATE COMPUTATION DATES:FormAndLineReferenceDesc
ExplanationMA DEVELOPMENT FINANCE AGENCY (2005A): AUGUST, 2013 MA DEVELOPMENT FINANCE AGENCY (2007A): OCTOBER, 2013 MA DEVELOPMENT FINANCE AGENCY (2008A): APRIL, 2014 MA DEVELOPMENT FINANCE AGENCY (2011A): JULY, 2013ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MA DEVELOPMENT FINANCE AGENCY (2013)BusinessNameLine1
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
Bond Issued2013-07-17BondIssuedDt
Issue Price$35,000,000IssuePriceAmt
PurposeNEW BUILDING,MISC. PROJECT.PurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$599,030RetiredAmt
Total Proceeds$35,000,000TotalProceedsAmt
Issuance Costs From Proceeds$118,081IssuanceCostsFromProceedsAmt
Capital Expenditures$7,950,536CapitalExpendituresAmt
Unspent$26,931,383UnspentAmt
Current Refunding0CurrentRefundingInd
Advance Refunding0AdvanceRefundingInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
COMCAST
VICE PRESIDENT IS ALSO A BABSON TRUSTEE$172,000CABLE FEES PAID0
JANICE BELL
SPOUSE OF THE FORMER PROVOST$312,543FACULTY WAGES PAID0
BANK OF NEW YORK-MELLON
VICE CHAIRMAN & CEO IS ALSO BABSON TRUSTEE$146,000INVESTMENT FEES PAID0
PHYLLIS SCHLESINGER
SPOUSE OF THE FORMER PRESIDENT$40,960FACULTY WAGES PAID0
FIDELITY
CHIEF INVESTMENT OFFICER IS ALSO BABSON TRUSTEE$0403(B) RETIREMENT PLAN AND BABSON PAID NO FEES.0
CAROLINE WINN
DAUGHTER OF THE CURRENT OFFICER (JOSEPH WINN)$46,409COMPENSATION0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution39ContributionCnt
Noncash Contributions Rpt F990$2,078,890NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. OF HI&LOW-DATE TRADMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 32B:FormAndLineReferenceDesc
ExplanationBABSON UTILIZES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. COLUMN (B): BABSON USED THE NUMBER OF CONTRIBUTIONS RECEIVED FOR COLUMN (B).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1PURSUANT TO THE ORGANIZATION'S BYLAW, THE BOARD OF TRUSTEES SHALL HAVE AN EXECUTIVE COMMITTEE WHICH SHALL CONSIST OF THE PRESIDENT OF THE CORPORATION, THE CHAIRPERSON OF THE BOARD OF TRUSTEES, THE VICE CHAIRPERSON(S) OF THE BOARD OF TRUSTEES, THE CHAIRPERSON-ELECT OF THE BOARD OF TRUSTEES AND SUCH OTHER TRUSTEES AS SHALL BE APPOINTED BY THE CHAIRPERSON OF THE BOARD OF TRUSTEES OF THE CORPORATION FOR TERMS OF ONE(1) YEAR, BUT ANY MEMBER MAY BE REAPPOINTED. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, SUBJECT TO SUCH LIMITATIONS AS MAY BE PRESCRIBED BY RESOLUTION OF THE BOARD OF TRUSTEE, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERINTENDENCE AND ADMINISTRATION OF THE CURRENT MANAGEMENT OF THE AFFAIRS OF THE CORPORATION AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD OF TRUSTEES WITH RESPECT THERETO INCLUDING THE POWER TO AUTHORIZE THE SEAL OF THE CORPORATION TO BE AFFIXED TO ALL PAPERS THAT MAY REQUIRE IT.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY MANAGEMENT AND PRICEWATERHOUSECOOPERS, LLP "PWC". THE FULL 990 RETURN, INCLUDING SCHEDULE B, IS THEN REVIEWED BY SENIOR MANAGEMENT, AND THE AUDIT COMMITTEE. THE FINAL FORM 990, WITH THE EXCEPTION OF SCHEDULE B, IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR ALL TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT OF COMPLIANCE. THEIR RESPONSE TO THE QUESTIONNAIRE IS REVIEWED BY MANAGEMENT. IN ADDITION, PAYROLL AND VENDOR FILES ARE REVIEWED FOR THE EXISTENCE OF TRANSACTIONS WITH RELATED PARTIES. IF A CONFLICT OCCURS THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM ANY MATTERS RELATING TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 14: CURRENTLY THE COLLEGE HAS A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY BUT IT IS NOT APPROVED BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE PRESIDENT, OFFICERS AND KEY EMPLOYEES OF THE COLLEGE IS REVIEWED BY HUMAN RESOURCES AT LEAST ONCE A YEAR. THIS REVIEW INCLUDES COMPARING RELEVANT, INDEPENDENT MARKET COMPENSATION AND IS DOCUMENTED. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS PROVIDED APPROPRIATE INFORMATION INCLUDING A RECOMMENDATION FOR COMPENSATION (OR INCREASE IN COMPENSATION). ANY CHANGES TO COMPENSATION FOR THE PRESIDENT, OFFICERS AND KEY EMPLOYEES IS APPROVED BY THIS COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19BABSON COLLEGE'S FINANCIAL STATEMENTS CAN BE FOUND AT WWW.BABSON.EDU. BABSON DOES NOT MAKE AVAILABLE TO THE PUBLIC OUR CONFLICT OF INTEREST POLICY, OR OTHER GOVERNING DOCUMENTS.
FORM 990 PART VII, SECTION AGARY T. DICAMILLO RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL HIS COMPENSATION WAS FOR HIS SERVICES AS AN ADJUNCT LECTURER. GORDON PRICHETT RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL HIS COMPENSATION WAS FOR HIS SERVICES AS AN ADJUNCT LECTURER. MARLA M. CAPOZZI RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL HER COMPENSATION WAS FOR HER SERVICE AS AN ADJUNCT LECTURER.
FORM 990, PART XI, LINE 9:YE GLOBAL'S ASSET -1,537.
FORM 990 PART XII, LINE 2CTHE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THE COMMITTEE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BABSON GLOBAL INCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 FOREST STREETAddressLine1
CityBABSON PARKCity
StateMAState
ZIP Code02457ZIPCode
FieldValueIRS element (for citing)
EIN271642647EIN
Primary ActivitiesSUPPORTING ORGANIZATIONPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section509 (A)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 11A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BABSON COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER UNITRUST (2)BusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE LINCOLN STREETAddressLine1
CityBOSTONCity
StateMAState
ZIP Code02111ZIPCode
FieldValueIRS element (for citing)
Primary ActivitiesFUNDRAISINGPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeTEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BABSON GLOBAL INC
B$331,978ACTUAL COST
BABSON GLOBAL INC
L$4,372,989COST PLUS OVERHEAD RATE
BABSON GLOBAL INC
N$0INCLUDED IN OVERHEAD ABOVE

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