2014-04-11T13:07:43-05:00 2013-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2012-06-01 160743150 ST BONAVENTURE UNIVERSITY STBO 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 BRENDA MCGEE 7163752000 2014-04-08 1 JOHN P SCHIAVONE P00040031 7168563300 2012 2015-11-30 17:44:51Z BRENDA MCGEE 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 84018684 0 X WWW.SBU.EDU X 1858 NY TO FOSTER THE EDUCATION AND DEVELOPMENT OF KNOWLEDGABLE, SKILLED, COMPASSIONATE AND ETHICAL INDIVIDUALS. 34 34 1635 1185 473115 -147475 12605988 7382125 70325829 69957952 2726681 1365072 2380070 3479657 88038568 82184806 25519579 26010602 0 0 32278737 33182780 0 0 2617952 21422261 20849856 79220577 80043238 8817991 2141568 149825120 156613444 28651989 25925523 121173131 130687921 X OUR COMMITMENT IS TO STUDENTS, STUDY AND SERVICE. FOUNDED IN 1858, ST. BONAVENTURE IS A CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. WE ARE COMMITTED TO THE CONSTANT PURSUIT OF DISTINCTION IN OUR UNDERGRADUATE AND GRADUATE PROGRAMS, OUR INNOVATIVE LIBERAL ARTS CORE AND ALL OF OUR COURSES OF STUDY. 0 0 66550814 26010602 72159516 HIGHER EDUCATION PROVIDED TO APPROXIMATELY 2400 UNDERGRADUATE AND GRADUATE STUDENTS. 66550814 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 223 0 1 1635 1 1 1 1 UK 0 0 0 0 0 0 0 0 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X NANCY K TAYLOR 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 RAYMOND C DEE 2.00 X X 0 0 0 FR FRANK SEVOLA OFM 2.00 X X 0 0 0 LAURIE BRANCH 2.00 X 0 0 0 DANIEL COLLINS 2.00 X 0 0 0 ROBERT DAUGHERTY 2.00 X X 0 0 0 COLETTE DOW 2.00 X 0 0 0 TIMOTHY FIDGEON ESQ 2.00 X 0 0 0 TIMOTHY FINAN 2.00 X 0 0 0 ROBERT KING 2.00 X 0 0 0 FR FRED LINK OFM 2.00 X 0 0 0 JAMES MEYER 2.00 X 0 0 0 EUGENE O'CONNOR ESQ 2.00 X 0 0 0 VERY REV JOHN O'CONNOR OFM 2.00 X 0 0 0 FR KENNETH P PAULLI OFM EDD 2.00 X 0 0 0 LESLIE QUICK III 2.00 X 0 0 0 JOHN SPONYOE 2.00 X 0 0 0 MARVIN STOCKER 2.00 X 0 0 0 BERNARD STOECKLEIN JR 2.00 X 0 0 0 VINCE VOLPE JR 2.00 X 0 0 0 LANA BENATOVICH 2.00 X 0 0 0 JANET I BODNAR 2.00 X 0 0 0 JAMES E CANTY 2.00 X 0 0 0 WILLIAM M COLLINS 2.00 X 0 0 0 KATHLEEN COLUCCI 2.00 X 0 0 0 REV THOMAS E CONWAY OFM 2.00 X 0 0 0 ROBERT CROWLEY 2.00 X 0 0 0 JOSEPH A DEMARIA ESQ 2.00 X 0 0 0 THOMAS GARVEY 2.00 X 0 0 0 ALBERT C HORTON 2.00 X 0 0 0 ROBERT R JONES LLD 2.00 X 0 0 0 BHARAT KOHLI MD MBA 2.00 X 0 0 0 WILLIAM PURCELL III 2.00 X 0 0 0 JAMES E STITT 2.00 X 0 0 0 LYNDA M WILHELM 2.00 X 0 0 0 SR MARGARET CARNEY 40.00 X 0 0 17965 DR MICHAEL FISCHER 40.00 X 141993 0 54357 BRENDA MCGEE 40.00 X 141993 0 18202 DR EMILY SINSABAUGH 40.00 X 125511 0 16154 BR F EDWARD COUGHLIN 40.00 X 0 0 46036 MARY DRISCOLL 40.00 X 118202 0 52439 RICHARD TRIETLEY 40.00 X 92341 0 9235 MARK SCHMIDT 40.00 X 442791 0 50192 DR WOLFGANG NATTER 40.00 X 129877 0 16991 DR PEGGY BURKE 40.00 X 126082 0 16611 JAMES CROWLEY 40.00 X 159601 0 17898 STEPHEN P WATSON 40.00 X 123892 0 12389 1602283 0 328469 18 0 1 0 HR ON-SITE CONSULTING 21 TANGLEWOOD DRIVE AMHERST NY 14228 CONSULTANT 121650 THE RICOCHET GROUP LLC 235 WEST 48TH STREET SUITE 15G NEW YORK NY 10036 MARKETING & MANAGEMENT CONSULTANT 117000 JAECKLE FLEISCHMANN 200 DELAWARE AVENUE BUFFALO NY 14202 LEGAL SERVICES 106635 SIMPLEX GRINNELL 6850 MAIN STREET SUITE 308 WILLIAMSVILLE NY 14221 FIRE PROTECTION/COMMUNICATION & SECURITY 102645 4 979142 6402983 1743585 7382125 TUITION AND FEES 611710 59065047 59065047 RESIDENCE HALL 721000 8407019 8407019 FOOD SERVICE/DINING 722210 1904396 1904396 ATHLETIC REVENUE 713940 581490 581490 69957952 757835 757835 64326 0 64326 64326 64326 2441115 1833878 607237 607237 607237 OTHER AUXILIARY ACTVITIES 611710 2681657 1485925 473115 722617 EDUCATIONAL PROGRAMS 611710 715639 715639 OTHER INCOME 900099 18035 18035 3415331 82184806 72159516 473115 2170050 26010602 26010602 896754 59686 659052 178016 23696983 19099394 3362403 1235186 1970173 1449366 416901 103906 6618870 5476853 798309 343708 115945 115945 1724233 648498 884337 191398 2857622 2063711 628199 165712 1899828 324028 1575800 1763969 1505734 121210 137025 11144 11144 28982 21098 7884 643745 561110 75785 6850 3241575 2825466 381614 34495 409707 17637 389879 2191 STUDENT ACTIVITIES 2695830 2571998 60626 63206 REPAIRS AND MAINTENANCE 1783459 680865 1097590 5004 OTHER AUXILIARY INDIREC 1479282 1479282 ATHLETICS 1231155 1231155 963380 534285 285724 143371 80043238 66550814 10874472 2617952 9828123 1341799 11081292 9352367 5509427 5391145 1560 1277 672550 701582 134138688 60527428 67691153 73611260 55041015 66214014 149825120 156613444 3211723 4408053 1565590 1570894 8000000 8000000 6474046 5492909 9400630 6453667 28651989 25925523 X 60543307 71064292 19960180 18983007 40669644 40640622 121173131 130687921 149825120 156613444 X 2141568 4935907 2437315 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 47653568 4522274 6302652 1454405 57024089 46931355 2563805 -1135558 706034 47653568 39425175 3393191 6454489 2341500 46931355 36333348 1311376 4821532 3041081 39425175 44896975 2914188 -9331756 2146059 36333348 0.29000 0.71000 0 0 2730655 2730655 94035180 38901369 55133811 13773703 10632203 3141500 23599150 10993856 12605294 73611260 COMMON STOCK 52011732 F BONDS 4890377 F LIQUID ASSETS 9311905 F 66214014 STUDENT AND OTHER DEPOSITS 354883 POST EMPLOYMENT BENEFIT OBLIGATION 549700 US GOVT GRANTS REFUNDABLE 2218493 ASSET RETIREMENT OBLIGATION 3330591 6453667 89558028 4935907 2437315 7373222 82184806 0 82184806 80043238 0 80043238 0 80043238 PART III, LINE 1A: THE UNIVERSITY DOES NOT ASSIGN A VALUE TO ART AND OTHER COLLECTIONS RECEIVED AS GIFTS. MANAGEMENT BELIEVES IT IS NOT PRACTICAL TO DETERMINE THE FAIR VALUE OF THE COLLECTION. PART III, LINE 4: LOCATED ON THE CAMPUS OF ST. BONAVENTURE UNIVERSITY IN WESTERN NEW YORK, THE REGINA A. QUICK CENTER FOR THE ARTS HAS AS ITS MISSION TO OFFER BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC A PROGRAM OF PROFESSIONAL, CULTURALLY DIVERSE ARTS EVENTS AND EXHIBITIONS OF THE HIGHEST ARTISTIC QUALITY REFLECTING THE VALUES OF THE UNIVERSITY AND ITS CURRICULUM. TO THAT END, THE CENTER COLLECTS, PRESERVES, EXHIBITS AND INTERPRETS HISTORIC AND CONTEMPORARY VISUAL ART AND CULTURAL ARTIFACTS AND MAINTAINS ACTIVE OUTREACH TO A WIDE COMMUNITY IN THE SECOND MOST UNDERDEVELOPED COUNTY IN NEW YORK STATE AND THE SIX CONTIGUOUS COUNTIES OF THE SOUTHERN TIER OF WESTERN NEW YORK AND NORTHERN PENNSYLVANIA. THE ST. BONAVENTURE UNIVERSITY COLLECTIONS INCLUDE OVER 3,000 WORKS OF ART DATING FROM SEVERAL HUNDRED YEARS BEFORE THE BIRTH OF CHRIST INTO THE 21ST CENTURY, REPRESENTING EUROPEAN, AMERICAN, ASIAN AND MESOAMERICAN CULTURES. THE COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS AND OTHER WORKS ON PAPER IN ALL PRINT MEDIA. AN INSTALLATION OF OVER 250 WORKS ARE ON PERMANENT DISPLAY AUGMENTED BY TEN OR MORE ADDITIONAL TEMPORARY EXHIBITIONS PRODUCED YEARLY FROM BOTH LOAN SOURCES AND THE UNIVERSITY'S OWN HOLDINGS. THE COLLECTIONS REFLECT THE UNIVERSITY'S MISSION THROUGH ITS BREADTH AND DEPTH. WE BELIEVE OUR HOLDINGS REPRESENT AN EXTRAORDINARY RESOURCE IN AN ECONOMICALLY CHALLENGED COMMUNITY WITH LITTLE ACCESS TO CULTURAL RESOURCES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE AVAILABLE FOR SCHLARSHIPS, QUICK ARTS CENTER, FRANCISCAN PROGRAMS, RESEARCH, ACADEMICS, AND TEACHING. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ASSET RETIREMENT OBLIGATION 2,437,315. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED IN PRINTED PAMPHLETS, CATALOGUES, BROCHURES, AND NEWSPAPER ADVERTISEMENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND NEW YORK STATE AGENCIES. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 527305 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 126937 0 2 0 0 0 2 654242 0 654242 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANT FUNDS REPRESENT SCHOLARSHIPS WHICH ARE POSTED TO THE STUDENT'S ACCOUNT TO OFFSET TUITION CHARGES. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. 1 SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY. 1831 26010602 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THEIR OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. FRANCISCAN INSTITUTE (FI) AWARDS ARE REVIEWED FOR ELIGIBILITY AND AMOUNTS ARE DETERMINED BY FI. ATHLETIC AWARDS ARE IN ADDITION TO ACADEMIC AWARDS AND ARE DETERMINED BASED ON THE SPORT, NCAA STANDARDS, INTERNAL FUNDS AVAILABILITY, AND NEGOTIATIONS BETWEEN THE COACH AND ATHLETE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR MICHAEL FISCHER 141993 0 0 0 0 0 14199 0 40158 0 196350 0 0 0 BRENDA MCGEE 141993 0 0 0 0 0 14199 0 4003 0 160195 0 0 0 MARY DRISCOLL 118202 0 0 0 0 0 11820 0 40619 0 170641 0 0 0 MARK SCHMIDT 442791 0 0 0 0 0 39092 0 11100 0 492983 0 0 0 JAMES CROWLEY 159601 0 0 0 0 0 11150 0 6748 0 177499 0 0 0 A COUNTY OF CATTARAUGUS IDA 237312732 149468ES5 2006-05-04 8000000 DORMITORY RENOVATIONS AND AN ADDITION/RENOVATION TO STUDENT DINING FACILITY 0 0 0 A 8000000 757871 216061 7242129 2007 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 CHRISTOPHER SPONYOE GRANDSON OF TRUSTEE 10500 INSTITUTIONAL AID EUGENE O'CONNER SON & NEPHEW OF TRUSTEE 27762 INSTITUTIONAL AID X 16483 FMV AT TIME OF GIFT X 1 8908 FMV AT TIME OF GIFT X 24 1630757 FMV AT TIME OF GIFT X COMPUTER EQUIPMENT 1 82770 FMV AT TIME OF GIFT X BUILDING FIXTURES 1 20652 FMV AT TIME OF GIFT 0 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: GIFTS IN KIND ARE RECOGNIZED IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THOSE ITEMS REPORTED IN COLUMN A AND NOT COLUMN C DID NOT MEET THIS CRITERIA. FORM 990, PART VI, SECTION A, LINE 2 EUGENE O'CONNOR, ESQ AND JOHN O'CONNOR, OFM - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS SUBJECT TO REVIEW BY BOTH THE FINANCE AND TRUSTEESHIP COMMITTEES OF THE BOARD OF TRUSTEES PRIOR TO BEING FILED. IT IS ALSO MADE AVAILABLE ON THE TRUSTEES WEB SITE FOR THE PERUSAL OF ALL TRUSTEES DURING THE PERIOD IN WHICH IT IS UNDER REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY REQUIRES THAT ANY CONFLICTS ARE SELF-DISCLOSED AND ADDITIONAL CONFLICTS AND POTENTIAL CONFLICTS ARE MONITORED THROUGH THE VICE-PRESIDENTIAL OFFICES, OFFICE OF THE PRESIDENT AND OFFICE OF HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 AN EXTERNAL COMPENSATION CONSULTING FIRM IS RETAINED TO ASSIST WITH SETTING AND ADMINISTERING COMPENSATION. THEY REVIEW ALL JOB DESCRIPTIONS, AND ESTABLISH A RECOMMENDED SALARY RANGE BASED ON THE JOB DESCRIPTION AND RELEVANT BENCHMARK DATA. THE PRIMARY DATA USED IS SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. IT IS SUPPLEMENTED BY APPROPRIATE DATA IN SPECIFIC INDUSTRIES AND/OR LOCAL DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DATA WITH THE CONSULTANT AND SETS THE PRESIDENT'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS (INCLUDING POLICIES) ARE AVAILABLE TO THE PUBLIC THROUGH THE OFFICE OF HUMAN RESOURCES AND/OR PUBLIC RELATIONS OFFICE. FINANCIAL STATEMENTS ARE AVAILABLE ON GUIDESTAR.COM, OR THROUGH THE OFFICE OF PUBLIC RELATIONS OR FINANCE OFFICE OF THE UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN ASSET RETIREMENT OBLIGATION 2,437,315. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.