CLARK UNIVERSITY: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CLARK UNIVERSITY (EIN 04-2111203)
Tax period: 2012-06-01 to 2013-05-31
Filed: 2014-01-31
IRS object ID: 201410319349300546
Schema version: 2012v2.0
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R
Reasonable Cause Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-31T14:49:15-07:00	Timestamp
Tax Period End Date	2013-05-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2012-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	042111203	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CLARK UNIVERSITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CLAR	NameControl
Phone	5087937499	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	950 Main Street	AddressLine1
City	Worcester	City
State	MA	State
ZIP Code	01610	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Julie Dolan	Name
Title	Exec Vice President as of 8/17/13	Title
Phone	5087937455	Phone
Date Signed	2014-01-31	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	David P Angel	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	950 Main Street	AddressLine1
City	Worcester	City
State	MA	State
ZIP Code	01610	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	188633649	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.clarku.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1887	YearFormation
State Legal Domicile	MA	StateLegalDomicile
Activity Or Mission Description	Clark University's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	29	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	29	NbrIndependentVotingMembers
Total Nbr Employees	2506	TotalNbrEmployees
Total Nbr Volunteers	1200	TotalNbrVolunteers
Total Gross UBI	110050	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	15210416	ContributionsGrantsPriorYear
Contributions Grants Current Year	15071513	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	120522222	ProgramServiceRevenuePriorYear
Program Service Revenue CY	130319142	ProgramServiceRevenueCY
Investment Income Prior Year	14416323	InvestmentIncomePriorYear
Investment Income Current Year	16774383	InvestmentIncomeCurrentYear
Other Revenue Prior Year	202954	OtherRevenuePriorYear
Other Revenue Current Year	342128	OtherRevenueCurrentYear
Total Revenue Prior Year	150351915	TotalRevenuePriorYear
Total Revenue Current Year	162507166	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	48933230	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	52972990	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	59033954	SalariesEtcPriorYear
Salaries Etc Current Year	61429946	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	63597	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	43429	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	5242406	TotalFundrsngExpCurrentYear
Other Expense Prior Year	38804596	OtherExpensePriorYear
Other Expenses Current Year	34337536	OtherExpensesCurrentYear
Total Expenses Prior Year	146835377	TotalExpensesPriorYear
Total Expenses Current Year	148783901	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3516538	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	13723265	RevenuesLessExpensesCY
Total Assets BOY	499989821	TotalAssetsBOY
Total Assets EOY	551123297	TotalAssetsEOY
Total Liabilities BOY	121246459	TotalLiabilitiesBOY
Total Liabilities EOY	115032148	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	378743362	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	436091149	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	Clark University's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort. Clark fosters a commitment to excellence in studying traditional academic disciplines, as well as innovation in exploring questions that cross disciplinary boundaries. (Continued on Schedule O)	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	57511543	Expense
Grants	0	Grants
Revenue	112157922	Revenue
Description	Instruction and academic support, with program expenditures of $57,511,543. Clark's fall 2012 enrollment consisted of 2,352 undergraduates and 1,151 graduate students. Our motto - and mission - is "Challenge Convention; Change Our World", and our faculty members work to inspire their students to utilize their liberal arts based education to make a real difference in the communities in which they live and work. We also have strong graduate programs, which include masters' level degrees and eight PhD programs.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	7562083	Expense
Grants	526142	Grants
Revenue	6175030	Revenue
Description	Research, with program expenditures of $7,562,083 and revenues from grants and contracts of $6,175,030. Clark is committed to a program of research and has a very professionally active faculty, virtually all of whom are engaged in sponsored or unsponsored research and creative activity.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	52446848	Expense
Grants	52446848	Grants
Revenue	0	Revenue
Description	Financial Aid, with expenditures/income offsets of $52,446,848. Clark is committed to being affordable to those students able to meet the high academic expectations of our faculty. Over 86% of all students receive some level of financial assistance, which is distributed on the basis of both merit and financial need.	Description

Activity Other ActivityOther (2 entries)

ExpenseExpense	GrantsGrants	RevenueRevenue	DescriptionDescription
12457492	0	14250535	Auxiliary Services includes providing high quality residence halls, food service, and book store services to Clark students. There are program expenditures of $12,457,492 and offsetting revenue of $14,250,535
10506146	0	894093	Student Services program supports an environment for students that encourages them to become active, involved and responsible citizens in global communities. Resources are expended to provide students support in achieving their non-academic goals and providing a balanced and healthy social environment.

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	22963638	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	15144628	TotalOfOtherProgramServiceRev
Total Program Service Expense	140484112	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	1	MoreThan5000KToOrganizations
More Than5000 K To Individuals	1	MoreThan5000KToIndividuals
Professional Fundraising	1	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	1	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	1	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	6646	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	2506	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	LU	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	29	NbrVotingGoverningBodyMembers
Number Independent Voting Members	29	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Julie L Dolan	NamePerson
Telephone Number	5087937455	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	950 Main Street	AddressLine1
City	Worcester	City
State	MA	State
ZIP Code	01610	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (49 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Jennifer Abrams
Trustee	2	0	X	0	0	0
Dimitry Anselme
Trustee	2	0	X	0	0	0
Jay Ash
Trustee	2	0	X	0	0	0
Marla Byrnes
Trustee	2	0	X	0	0	0
David Chaifetz
Trustee	2	0	X	0	0	0
Elyse Darefsky
Trustee	2	0	X	0	0	0
Gregory Degermajian
Trustee	2	0	X	0	0	0
Dennis Dimitri
Trustee	2	0	X	0	0	0
George DiRado
Trustee	2	0	X	0	0	0
Catherine Dunham
Trustee	2	0	X	0	0	0
Barbara Dyer
Trustee	2	0	X	0	0	0
Eric Epstein
Trustee	2	0	X	0	0	0
Mark Fishman
Trustee	2	0	X	0	0	0
Richard Freeland
Trustee	2	0	X	0	0	0
Ross Gillman
Trustee	2	0	X	0	0	0
Wolfgang Hammes
Trustee	2	0	X	0	0	0
Lawrence Hershoff
Trustee	2	0	X	0	0	0
John Jeppson
Trustee	2	0	X	0	0	0
Peter Klein
Trustee	15	0	X	0	0	0
Lawrence Landry
Trustee	2	0	X	0	0	0
Lowell Potiker
Trustee	2	0	X	0	0	0
Jodi Reiskind
Trustee	2	0	X	0	0	0
Steven Roberts
Trustee	2	0	X	0	0	0
Linda Savitsky
Trustee	2	0	X	0	0	0
Jeffrey Siegal
Trustee	2	0	X	0	0	0
Robert Stevenish
Trustee	2	0	X	0	0	0
Robert Stevenish II
Trustee	2	0	X	0	0	0
David Strassler
Trustee	2	0	X	0	0	0
Theresa Strempek
Trustee	2	0	X	0	0	0
Steven Swain
Trustee	2	0	X	0	0	0
Sumner Tilton
Trustee	2	0	X	0	0	0
Ronald Walter
Trustee	2	0	X	0	0	0
David Angel
Officer	40	0		301104	0	67357	X
Katherine Cannon
Officer	40	0		115833	0	21667	X
James Collins
Officer	30	0		185166	0	44955	X
John Foley
Officer	40	0		140957	0	36508	X
Davis Baird
Key Employee	40	0		220965	0	21897		X
Nancy Budwig
Key Employee	40	0		157938	0	26269		X
Paula David
Key Employee	40	0		221379	0	31708		X
William Fisher
Key Employee	40	0		173179	0	17991		X
Donald Honeman
Key Employee	40	0		166535	0	17394		X
Andrew McGadney
Key Employee	40	0		243132	0	27261		X
Andrea Michaels
Key Employee	40	0		166865	0	35047		X
Pennie Turgeon
Key Employee	40	0		165686	0	36594		X
Deborah Dwork
Faculty	40	0		154546	0	27429			X
Ronald Eastman
Faculty	40	0		157617	0	38908			X
James Gomes
Director of Mosakowski Institute	40	0		156326	0	94828			X
Robert Johnston
Faculty	40	0		171170	0	34515			X
Joseph Sarkis
Faculty and Interim Dean	40	0		157249	0	22599			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3055647	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	602927	TotalOtherCompensation
Number Individuals GT100 K	68	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line2AddressOfContractor/AddressUS/AddressLine2
Sodexo Inc Affiliates
9801 Washington Blvd	Gaithersburg	MD	20878	Food service management	5357380
Consigli Construction Co Inc
72 Summer Street	Milford	MA	01757	Construction Management	6877557
CIEE-Council International Study Programs Inc
300 Fore Street	Portland	ME	04101	International Program Management	965282
Baupost Group LLC
10 St James Ave	Boston	MA	02116	Investment Management	538802	Suite 1700
UMASS Memorial Med Community Practices
108 Belmont Street	Worcester	MA	01610	Health Service Provider	339760

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	24	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	0	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	4706215	GovernmentGrants
All Other Contributions	10365298	AllOtherContributions
Noncash Contributions	500694	NoncashContributions
Total Contributions	15071513	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Tuition and fees	611310	113052015	113052015	$0
Geographic Software	443120	671537	671537	$0
Auxiliary	611710	13827409	13827409	$0
Student Loan	522291	190002	190002	$0
All Other	900099	2578179	2578179	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	130319142	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4903645	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$4,903,645	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	170	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$170	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	168321	TotalRevenueColumn
Related Or Exempt Function Income	168321	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	423126	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	249319	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	173807	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	173807	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$173,807	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	22881072	Securities
Other	14866660	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	16464360	Securities
Other	9412804	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	6416712	Securities
Other	5453856	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	11870568	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	110050	UnrelatedBusinessRevenue
Exclusion	$11,760,518	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	0	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	0	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming
Gaming Direct Expenses	0	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	0	GrossSalesOfInventory
Cost Of Goods Sold	0	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	162507166	TotalRevenueColumn
Related Or Exempt Function Income	130487463	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	110050	UnrelatedBusinessRevenue
Exclusion	$16,838,140	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	376988	Total
Program Services	376988	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	52410827	Total
Program Services	52410827	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	185175	Total
Program Services	185175	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2698301	Total
Program Services	839925	ProgramServices
Management And General	1582805	ManagementAndGeneral
Fundraising	275571	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	46744761	Total
Program Services	37821230	ProgramServices
Management And General	6850276	ManagementAndGeneral
Fundraising	2073255	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	3352698	Total
Program Services	2710171	ProgramServices
Management And General	494305	ManagementAndGeneral
Fundraising	148222	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	5420430	Total
Program Services	4346393	ProgramServices
Management And General	840998	ManagementAndGeneral
Fundraising	233039	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3213756	Total
Program Services	2597857	ProgramServices
Management And General	473820	ManagementAndGeneral
Fundraising	142079	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	726362	Total
Program Services	525771	ProgramServices
Management And General	193786	ManagementAndGeneral
Fundraising	6805	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	45418	Total
Program Services	34124	ProgramServices
Management And General	10864	ManagementAndGeneral
Fundraising	430	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	131108	Total
Program Services	0	ProgramServices
Management And General	131108	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	18000	Total
Program Services	0	ProgramServices
Management And General	18000	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	43429	Total
Fundraising	43429	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1484647	Total
Program Services	1311431	ProgramServices
Management And General	119994	ManagementAndGeneral
Fundraising	53222	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	782333	Total
Program Services	499184	ProgramServices
Management And General	186478	ManagementAndGeneral
Fundraising	96671	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3545065	Total
Program Services	2537637	ProgramServices
Management And General	581880	ManagementAndGeneral
Fundraising	425548	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1664970	Total
Program Services	1433251	ProgramServices
Management And General	86986	ManagementAndGeneral
Fundraising	144733	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	4674353	Total
Program Services	1015852	ProgramServices
Management And General	3643624	ManagementAndGeneral
Fundraising	14877	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2237643	Total
Program Services	1941122	ProgramServices
Management And General	105608	ManagementAndGeneral
Fundraising	190913	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1367169	Total
Program Services	1066019	ProgramServices
Management And General	76263	ManagementAndGeneral
Fundraising	224887	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1585781	Total
Program Services	1503750	ProgramServices
Management And General	80453	ManagementAndGeneral
Fundraising	1578	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	7341122	Total
Program Services	6434344	ProgramServices
Management And General	808299	ManagementAndGeneral
Fundraising	98479	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	451812	Total
Program Services	2224	ProgramServices
Management And General	447033	ManagementAndGeneral
Fundraising	2555	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Study Abroad/Off Campus	2120077	1945446	173894	737
Food service-Auxiliary	4075497	4075497	0	0
Library Acquisitions	1601784	1601784	0	0
Misc	1193727	5122508	-4048626	119845

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	-709332	Total
Program Services	8145602	ProgramServices
Management And General	-9800465	ManagementAndGeneral
Fundraising	945531	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	148783901	Total
Program Services	140484112	ProgramServices
Management And General	3057383	ManagementAndGeneral
Fundraising	5242406	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	13302052	BOY
EOY	25517758	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	28095932	BOY
EOY	16363907	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	4987372	BOY
EOY	5505050	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	673806	BOY
EOY	613113	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	109646	BOY
EOY	95728	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	575000	BOY
EOY	191361	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1757224	BOY
EOY	1258722	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	214342985	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	94565109	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	116038735	BOY
EOY	119777876	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	60918771	BOY
EOY	71893999	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	266926492	BOY
EOY	303381683	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	5738633	BOY
EOY	5381584	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	866158	BOY
EOY	1142516	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	499989821	BOY
EOY	551123297	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	12967067	BOY
EOY	10275906	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	8970249	BOY
EOY	9768487	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	83970293	BOY
EOY	78575596	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	3125	BOY
EOY	750000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	15335725	BOY
EOY	15662159	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	121246459	BOY
EOY	115032148	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	99882891	BOY
EOY	115787024	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	153812455	BOY
EOY	192056994	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	125048016	BOY
EOY	128247131	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	378743362	BOY
EOY	436091149	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	499989821	BOY
EOY	551123297	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	13723265	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	46120478	ReconciliationUnrealizedInvest
Reconcilation Donated Services	0	ReconcilationDonatedServices
Reconcilation Invest Expenses	-1896437	ReconcilationInvestExpenses
Reconcilation Prior Adjustment	0	ReconcilationPriorAdjustment
Reconcilation Other Changes	-599519	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	Volunteers
Paid Staff Or Management	1	PaidStaffOrManagement
Media Advertisements	0	MediaAdvertisements
Mailings Members	0	MailingsMembers
Publications Or Broadcast	0	PublicationsOrBroadcast
Grants Other Organizations	0	GrantsOtherOrganizations
Direct Contact Legislators	1	DirectContactLegislators
Direct Contact Legislators	$31,359	DirectContactLegislatorsAmount
Rallies Demonstrations	0	RalliesDemonstrations
Other Activities	0	OtherActivities
Total Lobbying Expenditures IIB	31359	TotalLobbyingExpendituresIIB
Not Described In501c3	0	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	SchC_P2B_S00_L01	Identifier
Return Reference	Schedule C, Part II-B, Line 1	ReturnReference
Explanation	Gerald D'Amico works with the University to make us aware of federal and state programs, the funding of which may be of assistance to Clark programs. A small portion of the President's and VP for Community and Government Relations' time is spent meeting with and calling government officials.	Explanation

Schedule D IRS990ScheduleD

Held Works Of Art Amts HeldWorksOfArtAmts

Field	Value	IRS element (for citing)
Revenues Included	0	RevenuesIncluded
Assets In Part X	0	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	299286423	BeginningOfYearBalance
Contributions	12123813	Contributions
Investment Earnings Or Losses	58133097	InvestmentEarningsOrLosses
Grants Or Scholarships	4478668	GrantsOrScholarships
Other Expenditures	8725193	OtherExpenditures
Administrative Expenses	1465662	AdministrativeExpenses
End Of Year Balance	354873810	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	316926482	BeginningOfYearBalance
Contributions	1812063	Contributions
Investment Earnings Or Losses	-5223151	InvestmentEarningsOrLosses
Grants Or Scholarships	8446464	GrantsOrScholarships
Other Expenditures	4360313	OtherExpenditures
Administrative Expenses	1422194	AdministrativeExpenses
End Of Year Balance	299286423	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	263602730	BeginningOfYearBalance
Contributions	5629721	Contributions
Investment Earnings Or Losses	61478734	InvestmentEarningsOrLosses
Grants Or Scholarships	4246716	GrantsOrScholarships
Other Expenditures	8161429	OtherExpenditures
Administrative Expenses	1376558	AdministrativeExpenses
End Of Year Balance	316926482	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	214649752	BeginningOfYearBalance
Contributions	17220794	Contributions
Investment Earnings Or Losses	45363929	InvestmentEarningsOrLosses
Grants Or Scholarships	4387849	GrantsOrScholarships
Other Expenditures	7946652	OtherExpenditures
Administrative Expenses	1297244	AdministrativeExpenses
End Of Year Balance	263602730	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	290401100	BeginningOfYearBalance
Contributions	2275475	Contributions
Investment Earnings Or Losses	-64998855	InvestmentEarningsOrLosses
Grants Or Scholarships	4292563	GrantsOrScholarships
Other Expenditures	7552362	OtherExpenditures
Administrative Expenses	1183043	AdministrativeExpenses
End Of Year Balance	214649752	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.14	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.86	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	1	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	13844829	OtherCostOrOtherBasis
Book Value	13844829	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	185463463	OtherCostOrOtherBasis
Depreciation	86482744	Depreciation
Book Value	98980719	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	145834	OtherCostOrOtherBasis
Depreciation	87012	Depreciation
Book Value	58822	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	13285208	OtherCostOrOtherBasis
Depreciation	7995353	Depreciation
Book Value	5289855	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	1603651	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	1603651	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	119777876	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	0	BookValue
Method Of Valuation	F	MethodOfValuation

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	0	BookValue
Method Of Valuation	F	MethodOfValuation

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Other	319140	F
Partnerships/Alternative Investments	303062543	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	303381683	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (9 entries)

DescriptionDescription	AmountAmount
Annuities payable	$7,494,893
Perkins federal liability contra	$5,502,823
PILOT liability	$1,400,537
Conditional Asset Retirement Obligation	$1,090,699
FIN 48 liability	$89,495
Capital lease obligation	$43,175
Deferred compensation-VP	$28,852
UBI tax liability	$10,476
Equipment financing payable	$1,209

Field	Value	IRS element (for citing)
Total Of Amounts	15662159	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	154977001	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	46120478	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	-52003525	OtherRevenues
Revenue Not Rptd F990	-5883047	RevenueNotRptdF990
Revenue Subtotal	160860048	RevenueSubtotal
Investment Expenses Not Included	1896437	InvestmentExpensesNotIncluded
Other Revenues Not Included	-249319	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	1647118	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	162507166	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	97629214	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	249319	OtherExpensesIncluded
Expenses Not Rptd F990	249319	ExpensesNotRptdF990
Expenses Subtotal	97379895	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	51404006	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	51404006	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	148783901	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P03_S00_L01	Schedule D, Part III, Line 1	The University houses certain collections of works of art, literary works and artifacts. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. They are neither disposed of for financial gain nor encumbered in any manner. Accordingly, these collections are not recorded or capitalized for financial statement purposes.
SchD_P03_S00_L04	Schedule D, Part III, Line 4	Clark University has art and book collections that are used by students and faculty to enhance the curriculum. On occasion, these works have been accessed for scholarly research.
SchD_P05_S00_L04	Schedule D, Part V, Line 4	The University has adopted an endowment investment philosophy, which combined with the spending rate, attempts to provide a predictable stream of returns thereby making funds available to programs that are supported by its endowment, while at the same time seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the organization must hold in perpetuity or for donor-specified periods. Under the University's Investment Policy and spending rate, both of which are approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to produce an inflation-adjusted return in excess of the spending rate over a long period of time. The use of the distribution is for mission related activities including student scholarships, library acquisitions, research, academic support, student loans, and instruction.
SchD_P10_S00_L02	Schedule D, Part X, Line 2	The University is a not-for-profit organization that is generally exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code except for certain unrelated business activities. Accordingly, no provision for income taxes related to tax exempt activities is recorded in the financial statements. With respect to unrelated business activities, the University recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are established for temporary differences between the accounting bases and the tax bases of the University's assets and liabilities at enacted tax rates expected to be in effect when the amounts related to such temporary differences are realized or settled. Deferred tax expense or benefit is the result of changes in deferred tax assets and liabilities. A valuation allowance is recorded against deferred tax assets for the portion of the asset that management believes is not more-likely-than-not to be realized. The University recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. There have been no material changes in unrecognized benefits since adoption. It is the University's policy to record estimated interest and penalties (if any) as part of general and institutional expense. Management believes that the University's income tax returns for fiscal years ending May 31, 2009 and prior are no longer subject to examination by tax authorities in its major tax jurisdictions. As of May 31, 2013 and 2012, the University has net operating loss carry-forwards of $221,000 and $331,000 respectively, resulting from certain investment activity that is considered unrelated business activity. The University has gross deferred tax assets of $89,000 and $132,000 as of May 31, 2013 and 2012 respectively, arising from the net operating loss carry-forwards that do not meet the more-likely-than-not standard; there was a full valuation reserve against these deferred tax assets at May 31, 2013 and 2012.
SchD_P11_S00_L02d	Schedule D, Part XI, Line 2d	Reclass tuition remissions ($51,404,006); Annuity and unitrust obligation expense ($1,293,151); change in value of interest rate swap $768,773; change in value of other assets ($351,500); change in value of beneficial interest in outside trust $276,359
SchD_P11_S00_L04b	Schedule D, Part XI, Line 4b	Reclass rental property expense $249,319.
SchD_P12_S00_L02d	Schedule D, Part XII, Line 2d	Reclass of rental property expense to revenue $249,319.
SchD_P12_S00_L04b	Schedule D, Part XII, Line 4b	Reclass tuition and fee discounts to expense $51,404,006.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchE_P01_S00_L03	Schedule E, Part I, Line 3	Policy is printed in student handbooks, is available on the school website, and is referenced in all print media.
SchE_P01_S00_L06	Schedule E, Part I, Line 6	To provide financial assistance to our students, the University participates in the Title IV program for Campus Work Study, Supplemental Opportunity Grant, and the Perkins Loan programs.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	1	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (43 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Central America and the Caribbean	Grantmaking	grants	41500
East Asia and the Pacific	Grantmaking	Grants	44509
Europe (including Iceland and Greenland)	Grantmaking	Grants	163598
North America (including Canada and Mexico, but not the United States)	Grantmaking	Grants	1076
South America	Grantmaking	Grants	21046
South Asia	Grantmaking	Grants	3634
Sub-Saharan Africa	Grantmaking	Grants	7121
East Asia and the Pacific	Fundraising		638
Central America and the Caribbean	Program Services	Conferences	4018
East Asia and the Pacific	Program Services	Conferences	46158
Europe (including Iceland and Greenland)	Program Services	Conferences	65507
Middle East and North Africa	Program Services	Conferences	3116
North America (including Canada and Mexico, but not the United States)	Program Services	Conferences	9709
Russia and the newly independent States	Program Services	Conferences	4231
South America	Program Services	Conferences	4796
South Asia	Program Services	Conferences	2552
Sub-Saharan Africa	Program Services	Conferences	1500
Central America and the Caribbean	Program Services	Instruction	24376
East Asia and the Pacific	Program Services	Instruction	27291
Europe (including Iceland and Greenland)	Program Services	Instruction	100322
Russia and the newly independent States	Program Services	Instruction	2115
South America	Program Services	Instruction	3493
South Asia	Program Services	Instruction	375
Sub-Saharan Africa	Program Services	Instruction	1453
Middle East and North Africa	Program Services	Professional Development	449
Central America and the Caribbean	Program Services	Program Development	3065
East Asia and the Pacific	Program Services	Program development	22871
Europe (including Iceland and Greenland)	Program Services	Program Development	55943
Middle East and North Africa	Program Services	Program Development	12207
Russia and the newly independent States	Program Services	Program Development	20415
South America	Program Services	Program Development	1198
Sub-Saharan Africa	Program Services	Program Development	7233
Central America and the Caribbean	Program Services	Student Recruitment	14562
East Asia and the Pacific	Program Services	Student Recruitment	18445
Europe (including Iceland and Greenland)	Program Services	Student Recruitment	9180
Middle East and North Africa	Program Services	Student Recruitment	12754
Russia and the newly independent States	Program Services	Student Recruitment	1730
South America	Program Services	Student Recruitment	368
South Asia	Program Services	Student Recruitment	10065
Sub-Saharan Africa	Program Services	Student Recruitment	2503
Europe (including Iceland and Greenland)	Program Services	Research	2481
Sub-Saharan Africa	Program Services	Research	2672
Central America and the Caribbean	Investments		6978405

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Total Amount Spent	7760680	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (6 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Europe (including Iceland and Greenland)	Research	13920	wire transfer
North America (including Canada and Mexico, but not the United States)	Research	39232	check
South Asia	Research	26054	check
South America	Research	22126	wire transfer
South America	Research	22126	wire transfer
South America	Research	8280	wire transfer

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	2	TotalNumberOf501c3Orgs
Total Number Of Other Orgs	4	TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Scholarships	Central America and the Caribbean	1	5093	check
Scholarships	East Asia and the Pacific	1	9478	check
Scholarships	Europe (including Iceland and Greenland)	8	21451	check

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	1	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	1	PassiveForeignInvestCo
Foreign Partnership	1	ForeignPartnership
Boycott Countries	0	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	SchF_P01_S00_L02	Identifier
Return Reference	Schedule F, Part I, Line 2	ReturnReference
Explanation	PRE-AWARD SUBRECIPIENT MONITOR: Federal awards are identified by informing each subrecipient of CFDA title and number, award name and number, award year, and name of Federal agency. If any of this information is not available, the pass-through entity shall provide the best information available to describe the Federal award. The subrecipient is advised of requirements imposed by governing laws, regulations, and provisions of contracts or grant agreements and supplemental requirements imposed by the pass-through entity. The subrecipients activities are monitored to ensure awards are used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or grant agreements and performance goals are achieved. Assurance is ascertained that any subrecipient expending $500,000 or more in Federal awards during the subrecipient's fiscal year must meet the audit requirements of OMB A-133. A management decision on audit findings must be issued within six months after receipt of the subrecipient's audit report and ensure that the subrecipient takes appropriate and timely corrective action. A determination is made as to whether subrecipient audits necessitate adjustment of the pass-through entity's own records. Each subrecipient is required to permit the pass-through entity and auditors to have access to the records and financial statements as necessary for the pass-through entity to comply with this part. POST-AWARD SUBRECIPIENT MONITORING: The Principal Investigator (PI) or Program Director (PD) is responsible for monitoring the activities. The subrecipient will submit progress reports, technical reports and other deliverables to the PI/PD by specified due dates. The PI/PD is responsible for forwarding copies of the subrecipient's report(s) to the Office of Research and Sponsored Programs (ORSP). Subrecipient invoices submitted to the university must contain the following information: invoice must be on subcontractor's letterhead, date of invoice, invoice number, period of performance covered by the invoice, itemized description of services and backup documentation, current period costs, including cost sharing, cumulative project costs, including cost sharing, subrecipient contact person with respect to invoice, invoice must be signed by an authorized official of the subcontractor, invoice must contain a certification that all payments requested are for appropriate purposes and in accordance with the agreements set forth in the application and award documents. The PI/PD is responsible for reviewing and approving invoices from subrecipient(s) for adherence to the budget. The signature of the PI/PD on the invoice indicates that the review has taken place and that the invoice adheres to budget. Grant Accounting reviews the subrecipient's invoice(s) for the following: period of performance is within the contract period, appropriate invoice format and level of detail, signatures of the PI/PD, certification of signature by authorized subrecipient representatives, funds are available in contract, and cost share documentation is provided, if applicable. Grant Accounting is responsible for ensuring that subrecipients that expend $500,000 or more of federal funds each fiscal year submit an A133 Audit Certification Letter. The following is required to close out a subrecipient award: receipt of final invoice, receipt of cost share documentation, if applicable, time and effort certifications, final progress and technical reports, annual A133 certification letter. Grant Accounting is responsible for tracking payments made to individuals or organizations where payments are made when out of the US as required by the Schedules F and I - Form 990." EDUCATIONAL ASSISTANCE: Educational assistance is awarded based on financial need and merit. Need based assistance is awarded after review of the student's FAFSA, tax return transcripts, W-2 statements, and other relevant financial documents. Students are required to maintain satisfactory academic progress in order to continue to be eligible for need based assistance. Students' Grade Point Averages and earned units are reviewed each academic year to ensure satisfactory academic progress is achieved. Merit based educational assistance is awarded to students via Committee. Students who are awarded merit based assistance are required to maintain satisfactory academic progress in accordance with the terms of the assistance received. Need and merit based educational assistance are funded directly to the student's accounts receivable balance to offset tuition, fees, and room and board. Any resulting refunds are issued to the student. Students are granted research awards by their academic departments and work with faculty advisors who monitor the research performed by the student.	Explanation

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Agreement Ref Fundraising	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
Washburn and McGoldrick Inc
950 New Loundon Street	Latham	NY	12110	Campaign consulting	0	0	20929	-20929
Kristin V Rehder and Associates
336 N Christian Street	Lancaster	PA	17602	Campaign consulting	0	0	22500	-22500

Field	Value	IRS element (for citing)
Total Gross Receipts	0	TotalGrossReceipts
Total Retained By Contractors	43429	TotalRetainedByContractors
Total Net To Organization	-43429	TotalNetToOrganization
Licensed States	MA	LicensedStates

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (7 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Purpose Of GrantPurposeOfGrant
UGA Research Foundation Inc
475 North Lumpkin Rd	Athens	GA	30602	581353149	501c3	192323	0	Research
University of Maryland
Box 775	Cambridge	MD	21613	526002033	501c3	55217	0	Resesarch
San Diego State University Foundation
5250 Campanile Drive	San Diego	CA	92182	956042721	501c3	45306	0	Research
National Oceanic and Atmospheric Administration
PO Box 979008	St Louis	MO	63197	061834875	government org	30564	0	Research
Bridgewater State University
Boyden Hall Room 204	Bridgewater	MA	02325	043010428	government org	20180	0	Research
Louisiana State University
PO Box 25203	Baton Rouge	LA	70803	726000848	501c3	18650	0	Research
University of New Hampshire
Service Building Room 109	Durham	NH	03824	026000937	501c3	6775	0	Research

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	7	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
Undergraduate scholarships	1993	36590571
Graduate scholarships	113	150533
Graduate remissions	821	13688197
Undergraduate remissions	164	909114
Graduate awards	104	657985
Undergraduate awards	178	414426

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SchI_P01_S00_L02	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	PRE-AWARD SUBRECIPIENT MONITOR: Federal awards are identified by informing each subrecipient of CFDA title and number, award name and number, award year, and name of Federal agency. If any of this information is not available, the pass-through entity shall provide the best information available to describe the Federal award. The subrecipient is advised of requirements imposed by governing laws, regulations, and provisions of contracts or grant agreements and supplemental requirements imposed by the pass-through entity. The subrecipients activities are monitored to ensure awards are used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or grant agreements and performance goals are achieved. Assurance is ascertained that any subrecipient expending $500,000 or more in Federal awards during the subrecipient's fiscal year must meet the audit requirements of OMB A-133. A management decision on audit findings must be issued within six months after receipt of the subrecipient's audit report and ensure that the subrecipient takes appropriate and timely corrective action. A determination is made as to whether subrecipient audits necessitate adjustment of the pass-through entity's own records. Each subrecipient is required to permit the pass-through entity and auditors to have access to the records and financial statements as necessary for the pass-through entity to comply with this part. POST-AWARD SUBRECIPIENT MONITORING: The Principal Investigator (PI) or Program Director (PD) is responsible for monitoring the activities. The subrecipient will submit progress reports, technical reports and other deliverables to the PI/PD by specified due dates. The PI/PD is responsible for forwarding copies of the subrecipient's report(s) to the Office of Research and Sponsored Programs (ORSP). Subrecipient invoices submitted to the university must contain the following information: invoice must be on subcontractor's letterhead, date of invoice, invoice number, period of performance covered by the invoice, itemized description of services and backup documentation, current period costs, including cost sharing, cumulative project costs, including cost sharing, subrecipient contact person with respect to invoice, invoice must be signed by an authorized official of the subcontractor, invoice must contain a certification that all payments requested are for appropriate purposes and in accordance with the agreements set forth in the application and award documents. The PI/PD is responsible for reviewing and approving invoices from subrecipient(s) for adherence to the budget. The signature of the PI/PD on the invoice indicates that the review has taken place and that the invoice adheres to budget. Grant Accounting reviews the subrecipient's invoice(s) for the following: period of performance is within the contract period, appropriate invoice format and level of detail, signatures of the PI/PD, certification of signature by authorized subrecipient representatives, funds are available in contract, and cost share documentation is provided, if applicable. Grant Accounting is responsible for ensuring that subrecipients that expend $500,000 or more of federal funds each fiscal year submit an A133 Audit Certification Letter. The following is required to close out a subrecipient award: receipt of final invoice, receipt of cost share documentation, if applicable, time and effort certifications, final progress and technical reports, annual A133 certification letter. Grant Accounting is responsible for tracking payments made to individuals or organizations where payments are made when out of the US as required by the Schedules F and I - Form 990." EDUCATIONAL ASSISTANCE: Educational assistance is awarded based on financial need and merit. Need based assistance is awarded after review of the student's FAFSA, tax return transcripts, W-2 statements, and other relevant financial documents. Students are required to maintain satisfactory academic progress in order to continue to be eligible for need based assistance. Students' Grade Point Averages and earned units are reviewed each academic year to ensure satisfactory academic progress is achieved. Merit based educational assistance is awarded to students via Committee. Students who are awarded merit based assistance are required to maintain satisfactory academic progress in accordance with the terms of the assistance received. Need and merit based educational assistance are funded directly to the student's accounts receivable balance to offset tuition, fees, and room and board. Any resulting refunds are issued to the student. Students are granted research awards by their academic departments and work with faculty advisors who monitor the research performed by the student.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (16 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
David Angel
Key Employee	270104	0	31000	0	0	0	25000	0	42849	0	368953	0	0	0
Davis Baird
Key Employee	220965	0	0	0	0	0	21897	0	492	0	243354	0	0	0
Nancy Budwig
Key Employee	157938	0	0	0	0	0	15944	0	10717	0	184599	0	0	0
James Collins
Officer	160656	0	24510	0	0	0	31519	0	13894	0	230579	0	0	0
Paula David
Key Employee	221379	0	0	0	0	0	22392	0	9807	0	253578	0	0	0
William Fisher
Key Employee	173179	0	0	0	0	0	17273	0	1143	0	191595	0	0	0
John Foley
Officer	140957	0	0	0	0	0	13977	0	22874	0	177808	0	0	0
Donald Honeman
Key Employee	166535	0	0	0	0	0	16721	0	1084	0	184340	0	0	0
Andrew McGadney
Key Employee	239622	0	0	0	3510	0	23896	0	3857	0	270885	0	0	0
Andrea Michaels
Key Employee	166865	0	0	0	0	0	17164	0	18305	0	202334	0	0	0
Pennie Turgeon
Key Employee	165686	0	0	0	0	0	16611	0	20391	0	202688	0	0	0
Deborah Dwork
Faculty	164546	0	0	0	0	0	16330	0	11501	0	192377	0	0	0
Ronald Eastman
Faculty	157617	0	0	0	0	0	16716	0	22603	0	196936	0	0	0
James Gomes
Director	156326	0	0	0	0	0	15880	0	79339	0	251545	0	0	0
Robert Johnston
Faculty	171170	0	0	0	0	0	17682	0	17268	0	206120	0	0	0
Joseph Sarkis
Faculty and Interim Dean	157249	0	0	0	0	0	15950	0	7041	0	180240	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SchJ_P01_S00_L01a	Identifier
Return Reference	Schedule J, Part I, Line 1a	ReturnReference
Explanation	Jocelyne Bauduy, wife of President David Angel, travels on bona fide business trips in her postion as Special Assistant to the President. President David Angel is required to live in a house owned by the University. No value was included in compensation. David Angel, Davis Baird, and Andrew McGadney have memberships at the Worcester Club for the purpose of University related entertaining. Appropriate business expenses are paid by the University.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
Massachusetts Development Finance Agency
A	043431814	57583REQ4	2005-11-03	20000000	Refund MIFA96 (OID 5/2/96) Construct & Equip residence hall	0	0	0
Massachusetts Development Finance Agency
B	043431814	57583RUU7	2008-04-07	50255000	Refund MDFA (OID: 11/2/00), Refund MDFA02A (OID:11/26/2002), Refund MDFA02B (OID: 11/26/2002) Constr	0	0	0
Massachusetts Development Finance Agency
C	043431814	57583UJY5	2011-12-01	20098799	Refund MDFA98 (OID 11/10/98), Finance the construction, renovation and/or equipping of certain faci	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Amount Bond DefeasedAmountBondDefeased	Total ProceedsTotalProceeds	Capitalized InterestCapitalizedInterest	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Credit EnhancementCreditEnhancement	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	3520000	0	21554838	1319559	253854	241643	16430547	3309235	2008	0	1	1	1
B	7310000	719566	50334445	0	273558	78412	10080875	39901600	2009	1	0	1	1
C	755000	0	20099208	0	253048	0	5616353	14229806	2013	1	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Bond ReferenceBondReferenceCd	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs	Engage Bond Counsel ContractsEngageBondCounselContracts	Engage Bond Counsel ResearchEngageBondCounselResearch
A	0	0	0	0	1	1
B	1	1	0.0023	0.0023	1	1	0	0
C	0	0	0	0	1	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated
(no name)
A	1	0	0	0	0	1
Barclay's
B	0	1	1	0	0	0	0	1	0	30	0	0
(no name)
C	0	0	0	0	0	1	0	0	1

Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	1
B	1
C	1

Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchK_P02_S00_L03	Schedule K, Part II, Line 3	Total proceeds include investment earnings and issue preimium/discounts.
SchK_P04_S00_L02c	Schedule K, Part IV, Line 2c	Clark has engaged AMTEC to perform the arbitrage rebate computations for the MDFA Series 2011. Their computations covered the period from December 1, 2011 through December 31, 2012 with activity future valued to December 1, 2016 - the end of the fifth Bond Year and Computation Date. The report, dated February 25, 2013, provided their calculation and conclusion that no rebate liabillity existed and reporting to the IRS was not required at that time.

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII

Field	Value	IRS element (for citing)
Name Of Interested Person	FERPA - 1 Student	NameOfInterestedPerson
Relationship With Organization	FERPA -Excluded	RelationshipWithOrganization
Amount Of Grant	12000	AmountOfGrant
Type Of Assistance	Student achievement grant	TypeOfAssistance
Purpose Of Assistance	educational grant	PurposeOfAssistance

Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Eric Epstein
Trustee who is a director of Davidson Kempner	6000000	Clark has invested $6,000,000 in Davidson Kempner	0
Cathy Lasry
Former trustee and wife of Marc Lasry who has ownership interest in excess of 5% in Avenue Capital	756000	Clark had invested in Avenue Capital Investment and had divested in total by the end of FY13.	0
William S Mosakowski
Former trustee,substantial contributor,ownership interest in excess of 5% in Public Consulting Group	360112	Public Consulting Group purchases educational programs from Clark's Graduate School of Management for their employees. Mr. Mosakowski has an ownership interest in excess of 5% in PCG.	0
Christopher Cannon
Employee is son of officer, K. Cannon	43603	Compensation for position of Mail and Delivery Assistant	0
Jocelyne Bauduy
Employee is wife of President, David Angel	22535	Compensation for position of Special Assistant to the President	0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	40	NumberOfContributions
Noncash Contribs Rptd F990	500694	NoncashContribsRptdF990
Method Of Determining Revenues	market value	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P03_S00_L00a	Form 990, Part III (Cont. 1)	Continued from Part III......The focus of Clark's academic program is a liberal-arts education. Growth of students is enhanced by a wide variety of educational programs and extracurricular activities. Clark's academic community has long been distinguished by the pursuit of scientific inquiry and humanistic studies. The University maintains a national and international character, attracting high-caliber students and faculty. To view the University's Mission Statement in its entirety, please visit: www.clarku.edu/offices/aac/ada/mission.cfm
F990_P06_S0A_L02	Form 990, Part VI, Section A, Line 2	Two of Clark's Trustees are related. Robert Stevenish and Robert Stevenish Junior are father and son.
F990_P06_S0B_L11b	Form 990, Part VI, Section B, Line 11b	The Audit Committee of the Board of Trustees was authorized and requested to review the administration's draft responses to the form 990. This was completed at the January 23,2014 meeting of the committee. The Board has authorized the submittal to the Internal Revenue Service with the approval of the Audit Committee. In addition, the reviewed draft of the 990 is posted on the trustee web page and each member is notified of the opportunity to reiview before submission.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	Each trustee, senior administrator and faculty member is required to complete annually a conflict of interest disclosure form. Faculty forms are reviewed by the Grants Office within the Office of Academic Affairs. Trustees and senior administrators' disclosures are reviewed by the Assistant Secretary of the Corporation and the Executive Vice President, who is also the Treasurer of the Board of Trustees.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	15 a. Historically, including the determination of fiscal '13 compensation for the President, the Chairman of the Board of Trustees requests the Vice President for Planning and Finance to provide comparable institution compensation data. Data is obtained from a combination of publicly available forms 990, information disclosed in the Chronicle of Higher Education, and from salary surveys, including those available from the College and University Personnel Association (CUPA) . These data are submitted directly without editing. The Board Chair discusses performance metrics, including a review of the objectives achieved, with both the President and the Board of Trustees. The Board Chair advises the full Board of Trustees of the compensation level of the President. During fiscal 13 the process was further improved by engaging a professional compensation consultant and establishing an Executive Compensation Committee. The Committee was charged by the full Board of Trustees with establishing the President's compensation with the assistance of the consultant, who developed appropriate performance metrics and collected the comparable institution survey data.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	Clark University's governing documents, conflict of interest policy, and financial statements are all considered public documents. The governing documents, including the provisions of Jonas Clark's will, the by-laws of the University and the Articles of Incorporation are available for public viewing in Goddard Library , and are also publicly available as a result of several public debt issuances through the Massachusetts Development Finance Agency (MDFA). Financial statements are similarly available, and are also posted on the University's website and through Guidestar. The conflict of interest policy is available upon request from the Board of Trustees office and the Office of Sponsored Programs and Research.
F990_P11_S00_L09	Form 990, Part XI, Line 9	Annuity and unitrust obligation expense: ($1,293,151); Change in value of interest swap $768,773; Change in value of other assets ($351,500); Change in value of beneficial interest in outside trust $276,359

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Direct Controlling Entity NADirectControllingEntityNA	Type Of EntityTypeOfEntity	Controlled OrgControlledOrg
Charitable Remainder Trust (27)
950 Main Street	Worcester	MA	01610	Charitable Trust	MA	N/A	T	0
Lead Annuities (4)
950 Main Street	Worcester	MA	01610	Charitable Trust	MA	N/A	T	0

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	0	DividendsRelatedOrganization
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Reasonable Cause Explanation ReasonableCauseExplanation

Field	Value	IRS element (for citing)
Explanation	All the information necessary to submit an accurate return was not available to file by the original due date.	Explanation