2014-05-14T14:15:50-05:00 2013-06-30 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2012-07-01 042103629 Simmons College % SUSAN HACKER COMPTROLLER SIMM 6175212877 300 The Fenway Suite Boston MA 02115 SUSAN HACKER 6175212877 2014-05-14 true GWEN SPENCER 6175305000 2012 2015-11-30 17:44:51Z Helen Drinan 300 The Fenway Boston MA 02115 151581997 false X www.simmons.edu X 1899 MA SEE SCHEDULE O 40 38 3613 1489 1190746 15295170 10121718 130424295 134440100 375825 3925372 2945659 3094807 149040949 151581997 25702903 29929516 0 0 69962238 72368641 20910 0 2819000 49481958 55311348 145168009 157609505 3872940 -6027508 412424483 412478401 207492334 199882449 204932149 212595952 X SEE SCHEDULE O. false false 54452771 25337540 59195023 INSTRUCTION - UNDERGRADUATE PROGRAMS: SIMMONS IS A PRIVATE, NONSECTARIAN INSTITUTION LOCATED IN BOSTON'S FENWAY AREA, AND CURRENTLY SERVES 1,792 UNDERGRADUATE WOMEN. DURING THE 2013 ACADEMIC YEAR, THE COLLEGE CONFERRED 447 BACCALAUREATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE UNDERGRADUATE PROGRAM AS WELL AS FINANCIAL AID PROVIDED BY THE COLLEGE TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. APPROXIMATELY 83% OF UNDERGRADUATES RECEIVED FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE COLLEGE. 31850297 4591976 55419684 INSTRUCTION - GRADUATE PROGRAMS: SIMMONS CURRENTLY SERVES 3,038 MEN AND WOMEN IN FIVE GRADUATE PROGRAMS AT THE MASTER AND DOCTORAL LEVELS. THESE PROGRAMS ARE HOUSED IN THE GRADUATE SCHOOL OF LIBRARY AND INFORMATION SCIENCE, THE SCHOOL OF SOCIAL WORK, THE SCHOOL OF MANAGEMENT, THE SCHOOL OF NURSING AND HEALTH SCIENCE AND IN THE COLLEGE OF ARTS AND SCIENCES. DURING THE 2013 ACADEMIC YEAR, THE COLLEGE CONFERRED 1,061 GRADUATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE GRADUATE PROGRAMS AS WELL AS FINANCIAL AID. APPROXIMATELY 24% OF GRADUATE STUDENTS RECEIVE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE COLLEGE. 20434104 See Schedule O. 13112395 19825393 119849567 true true false true false false false true true true true false false false true false true false true false true false false false false false false false true true true false false false false false false false false false true true false false false false true true true false false true 254 0 true 3613 true true true false false false false false false false false false X 40 38 false false false false true true false true true false false true true true true true true true true false MA X SUSAN HACKER COMPTROLLER 6175212010 300 THE FENWAY Boston MA 02115 X Helen G Drinan 40.0 X X 501799 0 134010 Carmen Aponte Baez 1.0 X Lauren Brisky 10.0 X X Deborah C Brittain 1.0 X Jane Buyers-Russo 1.0 X Jennifer A Kelly Choi 5.0 X Barbara Latz Cohen 1.0 X Dwight B Crane 5.0 X Atsuko Toko Fish 1.0 X Jim Flynn 1.0 X Jill A Greenthal 1.0 X Karen Hammond 5.0 X Anne C Hodsdon 5.0 X X John W Humphrey 1.0 X Stephen P Jonas 1.0 X Kathleen Morrisey LaPoint 5.0 X Ngina Lythcott 1.0 X Judy Samdperil Mann 1.0 X Stephen P McCandless 5.0 X Jacqueline C Morby 1.0 X Susan A Ollila 5.0 X Denise Pappas 1.0 X Regina M Pisa 5.0 X X Christian Pope Campbell 1.0 X Carol Waller Pope 1.0 X Faith M Richardson 1.0 X Jo-Ann Robotti 5.0 X Emily Scott Pottruck 1.0 X Carole Seigel 1.0 X Toby M Sloane 1.0 X Paula A Sneed 1.0 X Winston Tabb 1.0 X Janet Trafton Tobin 1.0 X Andrea K Waldstein 1.0 X Roslyn M Watson 5.0 X Amy E White 5.0 X PAMELA TOULOPOULOS 1.0 X KATHLEEN SCHULLER BLEAKIE 1.0 X LESLIE LAKE 1.0 X YVONNE JACKSON 1.0 X Charlena Seymour 40.0 X 287366 0 25622 Stefano Falconi 40.0 X 339687 0 51966 Cheryl E Howard 40.0 X 230031 0 21615 Kathleen B Rogers 40.0 X 204681 0 24011 Sarah H Neill 40.0 X 181996 0 24059 REGINA MELFI SHERWOOD 40.0 X 142187 0 18764 MARIANNE LORD 40.0 X 256405 0 19352 Michele V Cloonan 40.0 X 232704 0 21333 Stefan Krug 40.0 X 189179 0 40804 Gerald P Koocher 40.0 X 187033 0 36092 Andrew Effrat 40.0 X 228700 0 28681 CATHY MINEHAN 40.0 X 264611 0 1036 Diane Grossman 40.0 X 113626 0 11479 3360005 0 458824 110 true true false LEE KENNEDY 122 QUINCY SHORE DRIVE S1 NORTH QUINCY MA 02171 GENERAL CONTRACTOR 5502120 Aramark 1101 Market Street PHILADELPHIA PA 19107 food serviceS 3446911 DTZ INC 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITIES MGMT SERV 2511311 GOODWIN PROCTER LLP EXCHANGE PLACE 53 STATE STREET BOSTON MA 02109 LEGAL SERVICES 652446 ROBERT D CONNORS 400 WEST COMMINGS PARK STE 1725-18 WOBURN MA 01801 GENERAL CONTRACTOR 625306 32 2791394 7330324 435717 10121718 TUITION AND FEES 900099 114614706 114614706 AUXILIARY ENTERPRISES 900099 16037569 16037569 OTHER SOURCES 900099 3787825 3740993 46832 134440100 984845 -126860 1111705 0 0 3094807 3094807 0 3094807 1270774 1824033 -2587 2943114 -2587 2943114 2940527 2940527 0 0 0 0 151581997 134393268 1190746 5876265 0 29929516 29929516 0 0 2235592 1943431 292161 0 55573037 43726433 10227464 1619140 3304568 2510261 686429 107878 7297340 5543304 1475878 278158 3958104 3006709 822182 129213 0 240860 240860 358393 358393 0 0 408405 54883 353522 1456672 1168348 256586 31738 647589 78819 568145 625 698801 605791 88069 4941 1788760 600286 1141533 46941 0 3715778 3160353 555425 1662259 1378148 172462 111649 0 271665 219635 46318 5712 7534448 5464081 2070367 0 12333977 10709950 1624027 553546 15432 538114 CONTRACTED SERVICES 7511507 5873235 1629106 9166 FOOD SERVICE EXPENSE 4192963 3534785 586752 71426 LIBRARY EXPENSES 793841 765392 17800 10649 PRINTING & PUBLICATION 629068 151374 417592 60102 10512816 1352832 9120483 39501 157609505 119849567 34940938 2819000 8872369 7790385 32053289 24893315 0 0 5714785 5632400 0 0 0 0 0 0 0 0 4982801 4858621 299858020 111851928 193621532 188006092 155214681 169296552 0 0 0 0 0 0 11965026 12001036 412424483 412478401 11697379 8713860 0 0 5808210 5277203 180243263 176716569 891762 977043 0 0 0 0 0 0 8851720 8197774 207492334 199882449 X 78049259 76767760 63662978 70602520 63219912 65225672 204932149 212595952 412424483 412478401 -6027508 13691311 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1 1 false false Schedule C, Part II-B, Line 1I Simmons College is a member of various educational associations which may engage in lobbying activities on its behalf. Simmons College is not aware of the actual amount of member fees associated with such lobbying efforts. X X X false false true 156618376 1532420 17009769 1546184 4796014 168818367 161839794 3048249 -1431324 1604708 5233635 156618376 141511154 2924080 24430493 1396601 5629332 161839794 140053294 3007951 7117233 1321357 7345967 141511154 183407381 3089720 -37983035 1669530 6791242 140053294 0.30000 0.70000 false false 815000 815000 247890905 78835698 169055207 51152115 33016230 18135885 188006092 0 LOAN PAYABLE 962963 U.S. GOVERNMENT LOAN ADVANCES 3175737 OTHER LIABILITIES 3527560 DEPOSIT PAYABLE 531514 8197774 127562182 13691311 -37711126 -24019815 151581997 151581997 119898379 119898379 37711126 37711126 157609505 Schedule D, Part III, Line 4 The Simmons College art collection is comprised of paintings, drawings, prints, sculpture, and photography which is used to support the college's curriculum. Schedule D, Part IV, Line 2b The College maintains agency accounts for Alumnni and student groups. The college acts as a fiscal agent for the funds. Schedule D, Part V, Line 4 The Simmons Endowment Fund is used to support the educational mission of the college. It is intended to provide an intergenerational source of funding for student scholarships, research, instructional programs, and general operations of the College. Schedule D, Part X - Fin 48 Simmons College does not have a FIN 48 footnote as any uncertain tax positions were deemed immaterial for the year ended June 30, 2013. Schedule D, Part XI, Line 2d Student Aid ($29,929,516) FINAL SWAP TERMINATION ($7,781,610) _____________ TOTAL ($37,711,126) Schedule D, Part XII, Line 4b Student Aid $29,929,516 FINAL SWAP TERMINATION $7,781,610 _____________ TOTAL $37,711,126 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 A DESCRIPTION OF THE COLLEGE'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ITS ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE COLLEGE'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. SCHEDULE E, PART I, LINE 6A SIMMONS COLLEGE RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES IN SUPPORT OF THE COLLEGE'S EDUCATIONAL MISSION. Central America and the Caribbean Program Services RECRUITMENT 34 East Asia and the Pacific Program Services ACADEMIC SUPPORT 272 East Asia and the Pacific Program Services INSTRUCTIONAL 54435 East Asia and the Pacific Program Services PROF. DEVELOPMENT 3703 East Asia and the Pacific Program Services RECRUITMENT 19 East Asia and the Pacific Program Services STUDY ABROAD 6259 Europe (Including Iceland and Greenland) Program Services ACADEMIC SUPPORT 47370 Europe (Including Iceland and Greenland) Program Services INSTRUCTIONAL 46972 Europe (Including Iceland and Greenland) Program Services PROF. DEVELOPMENT 31981 Europe (Including Iceland and Greenland) Program Services RECRUITMENT 11000 Europe (Including Iceland and Greenland) Program Services STUDY ABROAD 10711 Middle East and North Africa Program Services RESEARCH 2500 North America Program Services ACADEMIC SUPPORT 12313 North America Program Services INSTRUCTIONAL 517 North America Program Services PROF. DEVELOPMENT 4186 North America Program Services RECRUITMENT 33230 North America Program Services RESEARCH 961 South America Program Services RESEARCH 4819 South Asia Program Services INSTRUCTIONAL 69862 Sub-Saharan Africa Program Services CONFERENCE 17194 Sub-Saharan Africa Program Services INSTRUCTIONAL 6762 Sub-Saharan Africa Program Services PROF. DEVELOPMENT 1952 Sub-Saharan Africa Program Services RESEARCH 7035 Sub-Saharan Africa Program Services STUDY ABROAD 400 Europe (Including Iceland and Greenland) Investments 8250000 Central America and the Caribbean Investments 24552263 266463 32910287 33176750 true false true true true false true Student Financial Aid 2486 29929516 Schedule I, Part I, Line 2 Academic excellence and demonstrated financial need are used to determine each student's financial aid. The financial aid consists of any combinAtion of grants and loans and are reviewed each year based on a student's academic record and/or demonstrated need. The free application for federal student aid, which helps to establish a student's financial need, serves as the application for tuition scholarships. Schedule I, Part III Cash grants are credits to student accounts. X X X false true X X X X X false true false false false false false true false Helen G Drinan 445474 0 56325 130500 0 3510 0 635809 0 0 0 Michele V Cloonan 215800 0 16904 20196 0 1137 0 254037 0 0 0 Stefan Krug 187930 0 1249 17613 0 23191 0 229983 0 0 0 Gerald P Koocher 168122 0 18911 17025 0 19067 0 223125 0 0 0 Diane Grossman 112673 0 953 10220 0 1259 0 125105 0 0 0 Charlena Seymour 274042 0 10000 3324 22500 0 3122 0 312988 0 0 0 Stefano Falconi 317352 0 20000 2335 22500 0 29466 0 391653 0 0 0 Cheryl E Howard 227700 0 2331 20655 0 960 0 251646 0 0 0 Kathleen B Rogers 203200 0 1481 18900 0 5111 0 228692 0 0 0 Andrew Effrat 224844 0 3856 20700 0 7981 0 257381 0 0 0 Sarah H Neill 179932 0 2064 16538 0 7521 0 206055 0 0 0 CATHY MINEHAN 248200 0 16411 0 0 1036 0 265647 0 0 0 REGINA MELFI SHERWOOD 141569 0 618 0 0 18764 0 160951 0 0 0 MARIANNE LORD 254651 0 1754 3900 0 15452 0 275757 0 0 0 Schedule J, Part I, Line 1a SPOUSAL TRAVEL WAS PROVIDED FOR THE SPOUSE OF HELEN DRINAN, PRESIDENT. THIS TRAVEL IS PRIMARILY FOR BUSINESS PURPOSES. HOWEVER, WHEN IT IS DETERMINED THAT THE TRAVEL IS NOT FOR BUSINESS PURPOSES IT IS REPORTED AS TAXABLE COMPENSATION. A HOUSING ALLOWANCE WAS PROVIDED TO HELEN DRINAN, PRESIDENT, AND WAS CONSIDERED TAXABLE AND INCLUDED IN HER TAXABLE INCOME. SCHEDULE J, PART I, LINE 1B THE COLLEGE HAS A WRITTEN POLICY REGARDING FIRST CLASS AND SPOUSAL TRAVEL. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. SCHEDULE J, PART I, LINE 4B DURING CALENDAR YEAR 2011, THE COLLEGE ENTERED INTO A SUPPLEMENTAL RETIREMENT AGREEMENT (SRA) WITH THE PRESIDENT. UNDER THE SRA THE COLLEGE MAKES DEFERRALS FROM 0 TO 30 PERCENT OF THE PRESIDENT'S BASE PAY, IN THE SOLE DISCRETION OF THE BOARD, FOR EACH YEAR THROUGH THE FISCAL YEAR ENDING JUNE 30, 2016. AMOUNTS DEFERRED ARE SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET IN THE DISCRETION OF THE BOARD. FOR CALENDAR YEAR 2012, THE AMOUNT DEFERRED WAS $108,000. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN (C) AS DEFERRED COMPENSATION. SCHEDULE J, PART I, LINE 7 CERTAIN INDIVIDUALS RECEIVED BONUS AWARDS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II). THESE AWARDS REPRESENT ONE-TIME, LUMP SUM PAYMENTS BASED ON ANNUAL PERFORMANCE THAT EXCEEDED EXPECTATIONS. A SIMMONS COLLEGE MHEFA REVENUE BOND SERIES F 042456011 57585K2U1 2003-04-23 38115744 RENOVATIONS & IMPROVEMENTS true false false B SIMMONS COLLEGE MDFA REVENUE BOND SERIES G 043431814 57583REX9 2006-01-12 49610000 NEW ACADEMIC BLDG, GARAGE, & OTHER false false false C SIMMONS COLLEGE MDFA REVENUE BOND SERIES H 043431814 57583rjg1 2007-01-04 45343798 REFUNDING SERIES C, D, F BONDS false false false D SIMMONS COLLEGE MHEFA REVENUE BOND SERIES I 042456011 57586eel1 2009-01-22 59998380 REFIN E BOND, CONSTRUCT, SWAP TERM false false false A 5162387 31065000 38115744 0 0 0 421188 597351 1847000 35250205 0 0 2006 false false true true B 0 0 49610000 0 0 0 563922 732819 2480500 44020416 1813175 0 2009 false false true true C 4061583 0 45343798 0 0 31184555 575599 485410 0 0 13098208 0 false true D 0 0 59998380 5976742 0 0 1199968 0 2466655 19215015 31140000 0 2009 true false true true A false true true true false 0.02450 0.02450 false false false true B false false false false 0 false false false true C false true true true false 0.01980 0.01980 false false false true D false false false false 0 false false false true A false false false true false false 0 true MBIA INC 2.3 true false false B false false true false true false 0 false 0 false false C false false false true false false 0 false 0 false false D false true false false false false 0 false 0 false false A true B true C true D true SCHEDULE K, PART II, LINE 3, COLUMN (D) 0 $31,140,000 OF THE MHEFA REVENUE BOND SERIES I PROCEEDS WERE USED TO REFUND SERIES E BONDS. Schedule K, Part II, Line 13, Column (c) The year of substantial completion for the MDFA Revenue Bonds Series H has been left blank because this issue was entirely for an advance refunding. Schedule K, Part III, Lines 4-5 During the year ended June 30, 2013, Simmons College had facilities that were partially financed with tax-exempt bonds. Simmons also used its own equity in those projects. For each project that was partially financed with tax exempt bonds, Simmons elected to allocate private business use first to its equity investment. REPORTING ON SCHEDULE K, PART III HAS BEEN REVISED TO BETTER REFLECT USES OF BOND-FINANCED PROPERTY. SCHEDULE K, PART IV, LINE 2C ISSUER NAME: SIMMONS COLLEGE MHEFA REVENUE BONDS SERIES F DATE THE REBATE COMPUTATION WAS PERFORMED: 10/07/2013 ISSUER NAME: SIMMONS COLLEGE MHEFA REVENUE BONDS SERIES H DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2013 SCHEDULE K, PART IV, LINE 7 WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148 WERE PUT INTO PLACE AFTER THE END OF THE FISCAL YEAR. Blue Cross Blue Shield President is director 5101738 Medical Insurance Coverage false GOODWIN PROCTER LLP OFFICER/TRUSTEE IS CHAIR 652446 LEGAL SERVICES false Schedule L, Part IV President Drinan is a member of the board of directors of Blue Cross Blue Shield. SHE BECAME A MEMBER OF THE BLUE CROSS BLUE SHIELD BOARD PRIOR TO ASSUMING HER POSITION AS PRESIDENT AT SIMMONS COLLEGE. SIMMONS' TRANSACTION WITH BLUE CROSS BLUE SHIELD IS MADE AT ARM'S LENGTH. REGINA PISA, TRUSTEE, IS THE CHAIR OF GOODWIN PROCTER, LLP. X 46 435717 FAIR MARKET VALUE false true false Schedule M, Part I, Column (B) The amounts listed in column (b) represent total number of contributions received, not individual items. Form 990, Part I, Line 1, and Part III, Line 1 MISSION STATEMENT SIMMONS COLLEGE EXISTS TO EDUCATE, EMPOWER AND TRANSFORM THE LIVES OF ITS STUDENTS, PREPARING THEM FOR LEADERSHIP IN THE PROFESSIONS, IN THEIR COMMUNITIES, AND IN THE WORLD. SIMMONS' ENDURING COMMITMENT IS TO PROVIDE AN EXCEPTIONAL HIGHER EDUCATION EXPERIENCE THAT DISTINCTIVELY INTEGRATES THEORY AND PRACTICE; ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES COMBINED WITH RIGOROUS PROFESSIONAL TRAINING. SIMMONS' HISTORY IS ROOTED IN VISIONARY THINKING AND SOCIAL RESPONSIBILITY; OUR MANDATE TO PREPARE UNDERGRADUATE WOMEN FOR PROFESSIONAL SUCCESS AND MEANINGFUL LIVES REMAINS AT THE CORE OF OUR MISSION. OUR GRADUATE SCHOOLS SERVE WOMEN AND MEN WHO ARE PASSIONATE ABOUT LEARNING, LEADING, AND MAKING A DIFFERENCE IN THEIR PROFESSIONS. SIMMONS STUDENTS GRADUATE INTELLECTUALLY EQUIPPED, PROFESSIONALLY SKILLED AND TECHNOLOGICALLY PROFICIENT FOR CUTTING-EDGE CAREERS THAT ADDRESS OUR GLOBAL SOCIETY'S GREATEST CHALLENGES AND UNMET NEEDS, TODAY AND IN THE FUTURE. FORM 990, PART III, LINE 4C ACADEMIC SUPPORT AND STUDENT SERVICES: INCLUDES EXPENDITURES FOR ACTIVITIES THAT SUPPORT AND ENHANCE THE STUDENT'S EDUCATION, AS WELL AS CONTRIBUTE TO THEIR EMOTIONAL AND PHYSICAL WELL-BEING. INCLUDED IN THIS CATEGORY IS THE COLLEGE LIBRARY WHICH HOUSES OVER 257,880 BOUND BOOKS AND PERIODICALS, CARRIED OVER 600 PRINT PERIODICAL SUBSCRIPTIONS AND PROVIDES ACCESS TO OVER 29,610 E-BOOKS, 35,011 FULL TEXT E-JOURNALS, 20,000 STREAMING VIDEOS, AND 177 ELECTRONIC DATABASES. DURING FISCAL YEAR 2013, STUDENTS CHECKED OUT 30,579 ITEMS, ACCESSED E-RESERVES 79,790 TIMES AND STREAMING MEDIA OVER 13,220 TIMES. ALSO INCLUDED IN THIS CATEGORY IS THE COLLEGE'S HEALTH CENTER WHOSE STAFF HANDLED OVER 4,076 STUDENT/PATIENT VISITS DURING FISCAL YEAR 2013. ANOTHER COMPONENT OF THIS CATEGORY IS THE CAREER EDUCATION CENTER WHICH HAD 2,598 STUDENT CONTACTS DURING FISCAL YEAR 2013 THROUGH MULTIPLE CHANNELS SUCH AS CAREER COACHING, IN-CLASS WORKSHOPS, RECRUITMENT ACTIVITIES, AND CAREER FAIRS. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ARE COMPRISED OF SPONSORED RESEARCH AND WORK STUDY, AUXILIARY OPERATIONS, AND MISCELLANEOUS PROGRAM SERVICE EXPENSES. FORM 990, PART VI, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES, THE PRESIDENT, THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, AND THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE CHAIRS OF ANY OTHER STANDING COMMITTEES OF THE BOARD OF TRUSTEES, AND ANY OTHER TRUSTEES AS MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES. Form 990, Part VI, Lines 6 & 7a SIMMONS CURRENTLY HAS 59 CORPORATORS (THE CORPORATION): 41 MEMBERS OF THE BOARD OF TRUSTEES PLUS 18 ADDITIONAL MEMBERS SERVING AS A CONSULTATIVE BODY TO THE PRESIDENT AND BOARD OF TRUSTEES, AND AS NON-VOTING MEMBERS OF ONE BOARD COMMITTEE. THE CORPORATION'S PRIMARY DUTIES ARE TO ELECT ANNUALLY THE TRUSTEE MEMBERSHIP AND AMEND THE SIMMONS' BY-LAWS. FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED AND SIGNED BY PRICEWATERHOUSECOOPERS AS PAID PREPARER. THE FORM 990 IS REVIEWED WITH THE AUDIT COMMITTEE, AND THE COMPENSATION SECTIONS OF THE FORM 990 ARE REVIEWED WITH THE COMPENSATION COMMITTEE. THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO THE FORM'S FILING WITH THE IRS. FORM 990, PART VI, LINE 12C IN ITS CONFLICT OF INTEREST DISCLOSURE FORM THE COLLEGE ASKS ALL TRUSTEES AND OFFICERS TO DECLARE ANY CONFLICT OF INTEREST. COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL WHO ALSO SERVES AS SECRETARY TO THE BOARD. THE GENERAL COUNSEL PREPARES A WRITTEN REPORT FOR THE AUDIT COMMITTEE WHICH SETS FORTH ALL DISCLOSURE OR COMMENTS MADE BY RESPONDENTS CONCERNING POTENTIAL OR ACTUAL CONFLICTS AND THAT REPORT IS PRESENTED TO THE AUDIT COMMITTEE, PRESIDENT AND BOARD CHAIR FOR DISCUSSION AND NECESSARY FOLLOW-UP EACH YEAR. AT A MINIMUM, THOSE WITH CONFLICTS ARE INSTRUCTED TO REFRAIN FROM VOTING ON MATTERS WHERE THERE ARE OR MAY BE PERCEIVED TO BE A CONFLICT AND TO RECUSE THEMSELVES DURING ANY DISCUSSION OF THE ISSUE. FORM 990, PART VI, LINE 15 THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE IS GOVERNED BY A DETAILED CHARTER WHICH GRANTS IT JURISDICTION OVER COMPENSATION MATTERS FOR ALL SIMMONS OFFICERS. THE PRESIDENT MAKES SALARY RECOMMENDATIONS FOR THE OFFICERS EACH YEAR TO THE COMPENSATION COMMITTEE AND THE COMMITTEE REVIEWS THE PERFORMANCE OF THE OFFICERS AGAINST SALARY DATA PREPARED BY EXTERNAL COMPENSATION EXPERTS. THE COMMITTEE THEN MAKES RECOMMENDATIONS FOR OFFICER SALARIES TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FORM 990, PART VI, LINE 19 SIMMONS COLLEGE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE COLLEGE'S WEBSITE. THE COLLEGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. CHARITABLE REMAINDER TRUST (5) FUNDRAISING MA SIMMONS COLLEGE T true POOLED INCOME FUND (1) FUNDRAISING MA SIMMONS COLLEGE T true false false false false false false false false false false false false false false false false false true CHARITABLE REMAINDER TRUST (1) R 295082 CASH POOLED INCOME FUND (1) R 16787 CASH SCHEDULE R, PART IV, LINE 1 CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND OHIO.