2014-05-13T09:36:37-05:00 2013-06-30 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2012-07-01 150532078 COLGATE UNIVERSITY % BRIAN HUTZLEY COLG 3152287422 13 OAK DRIVE Suite HAMILTON NY 13346 BRIAN HUTZLEY 3152287422 2014-05-12 true koen vredeveld 8605223200 2012 2015-11-30 17:44:51Z BRIAN HUTZLEY 13 OAK DRIVE HAMILTON NY 13346 458675149 false X WWW.COLGATE.EDU X 1846 NY SEE SCHEDULE O. 35 32 3117 1200 3157288 28744907 35991163 151362846 154971157 32751472 49306487 1324182 1362248 214183407 241631055 43498538 44785519 0 0 83414410 90452881 0 0 8030385 69457951 71235280 196370899 206473680 17812508 35157375 1125665877 1226288176 254637438 274957880 871028439 951330296 X SEE SCHEDULE O. false false 179808054 44785519 154971157 TO PROVIDE A WORLD-CLASS AND DEMANDING UNDERGRADUATE EDUCATIONAL EXPERIENCE FOR A TALENTED AND DIVERSE GROUP OF APPROXIMATELY 2,900 STUDENTS. THE PURPOSE IS TO DEVELOP WISE, THOUGHTFUL, CRITICAL THINKERS AND PERCEPTIVE LEADERS BY ENCOURAGING YOUNG MEN AND WOMEN TO FULFILL THEIR POTENTIAL THROUGH RESIDENCE IN A COMMUNITY THAT VALUES ALL FORMS OF INTELLECTUAL RIGOR AND RESPECTS THE COMPLEXITY OF HUMAN UNDERSTANDING. 179808054 true true false true false false true false true true true false false true false false true true true true false true false false false false true true true true false false false false false false false false true true true true false false true true true true true false true X 734 0 true 3117 true true true true false false false false false false false false false false false X 35 32 true false false false false false false true true false false true true true true true false true true false CA NY X BRIAN HUTZLEY 3152287422 13 OAK DRIVE HAMILTON NY 13346 JEFFREY HERBST 60.0 X X 484147 0 120487 BRION B APPLEGATE 3.0 X 0 0 0 DEWEY J AWAD II 3.0 X 0 0 0 DANIEL C BENTON 3.0 X 0 0 0 EMILY H BRADLEY 3.0 X 0 0 0 GRETCHEN H BURKE 3.0 X 0 0 0 CHRISTINE J CHAO 3.0 X 0 0 0 CELIA A COLBERT 3.0 X 0 0 0 GUS P COLDEBELLA 3.0 X 0 0 0 H LEROY CODY JR 3.0 X 0 0 0 ERIC A COLE 3.0 X 0 0 0 DENIS F CRONIN 18.0 X 0 0 0 NANCY C CROWN 3.0 X 0 0 0 STEPHEN J ERRICO 3.0 X 0 0 0 MARK G FALCONE 3.0 X 0 0 0 GREGORY J FLEMING 3.0 X 0 0 0 JEANNE A FOLLANSBEE 3.0 X 0 0 0 LINDA J HAVLIN 3.0 X 0 0 0 MICHAEL J HERLING 3.0 X 0 0 0 STEPHEN R HOWE JR 3.0 X 0 0 0 DANIEL B HURWITZ 3.0 X 0 0 0 WILLIAM A JOHNSTON 3.0 X 0 0 0 RONALD A JOYCE 3.0 X 0 0 0 ROBERT A KINDLER 4.0 X 0 0 0 SCOTT A MEIKLEJOHN 3.0 X 0 0 0 MARK D NOZETTE 3.0 X 0 0 0 JUNG H PAK 3.0 X 0 0 0 JOHN C SHAW 3.0 X 0 0 0 BARRY J SMALL 3.0 X 0 0 0 JAMES A SMITH 3.0 X 0 0 0 JOANNE D SPIGNER 3.0 X 0 0 0 EDWARD M WERNER 3.0 X 0 0 0 AYANNA K WILLIAMS 3.0 X 0 0 0 WILLIAM T WINTERS 3.0 X 0 0 0 LEE M WOODRUFF 3.0 X 0 0 0 KATHLEEN A DILL 3.0 X 0 0 0 CHRISTINE CRONIN GALLAGHER 3.0 X 0 0 0 DANIEL L ROSENSWEIG 3.0 X 0 0 0 SAFWAN B SHABAB 3.0 X 0 0 0 DAVID HALE 50.0 X 302915 0 37001 ROBERT TYBURSKI 50.0 X 241555 0 33957 CAROLEE WHITE 50.0 X 156323 0 22882 BRUCE SELLECK 50.0 X 269912 0 43225 MURRAY DECOCK 50.0 X 316787 0 54963 Douglas Hicks 50.0 X 128134 0 28866 Suzy Nelson 50.0 X 111024 0 36199 Scott Brown 50.0 X 126824 0 20120 DAVID ROACH 50.0 X 637687 0 31397 ANTHONY AVENI 50.0 X 209963 0 33623 Joseph Hope 50.0 X 183680 0 28764 Jeff Baldani 50.0 X 200560 0 33715 Debra Townsend 50.0 X 184767 0 40990 3554278 0 566189 142 false true false SODEXHO INC AFFILIATES PO BOX 352 BUFFALO NY 14240 FOOD SERVICE 5714695 LECHASE CONSTRUCTION SERVICES LLC 609 ERIE BLVD WEST SYRACUSE NY 13204 CONSTRUCTION 1031564 THE HAYNER HOYT CORPORATION 625 ERIE BLVD WEST SYRACUSE NY 13204 CONSTRUCTION 5433148 BIRNIE BUS SERVICE INC PO BOX 630 ROME NY 13442 TRANSPORTATION 1063860 MARK CONGDEN 140 MARTIN ROAD CLEVELAND NY 13042 DELIVERY 922411 44 X 2490370 33500793 4506031 35991163 TUITION AND FEES 900099 127934249 127934249 SALES & SERVICES OF AUXILIARIES 900099 24517663 23546873 970790 OTHER EDUCATIONAL ACTIVITIES 900099 2519245 2519245 154971157 5738177 2186498 3551679 2007 2007 173941 173941 711692 864262 -152570 0 -152570 -152570 257385504 97070 213916271 43469233 97070 43566303 43566303 0 0 3604438 2263561 1340877 0 1340877 0 241631055 154000367 3157288 48482237 1009696 1009696 38795419 38795419 4980404 4980404 0 3554278 3554278 702275 702275 67271028 54602628 8692579 3975821 6198626 5100387 753816 344423 7819169 6636484 665641 517044 4907505 4038020 596803 272682 4395926 3359040 941319 95567 312905 239098 67004 6803 188124 143750 40284 4090 142902 109195 30600 3107 0 502431 383920 107588 10923 6837919 5214859 1473467 149593 0 0 1529480 1284763 114711 130006 0 480763 480763 8028279 7016583 461427 550269 0 0 7429369 7429369 0 14264618 13294706 953851 16061 1739148 1019141 693920 26087 UTILITIES 4676347 3924844 625743 125760 REPAIRS & MAINTENANCE 3754530 3171244 481662 101624 GENERAL OPERATING EXPENSES 12376948 9897251 1234503 1245194 LIBRARY COSTS & ACQUISITIONS 2353169 2351430 1462 277 2222422 1068507 698861 455054 206473680 179808054 18635241 8030385 1495565 1569666 32065651 30796330 2698676 6539481 1225824 2105698 0 0 0 0 3239542 3066796 2003875 2228889 4699492 4120057 540089216 200348827 335994839 339740389 163186113 223272439 570980698 603654786 0 0 0 0 8075602 9193645 1125665877 1226288176 14440824 15871082 0 0 16002105 15805776 173860740 199597072 0 0 0 0 241756 0 0 0 50092013 43683950 254637438 274957880 X 301171920 313977491 248829468 297046173 321027051 340306632 871028439 951330296 1125665877 1226288176 X 35157375 41841175 3303307 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 2000 false true 140902 142902 false FORM 990, SCHEDULE C, PART II-B, LINE 1I Colgate University belongs to member organizations which may engage in lobbying activities. Aggregate dues in the amount of $140,902 were paid during the fiscal year and reported on this return. Some portion of those dues paid may be utilized for lobbying activities. FORM 990, SCHEDULE C, PART II-B, LINE 1G Colgate staff from time to time send letters to political representatives expressing opinions on certain legislation and topics. The estimated amount of expenses incurred for these activities during the current fiscal year is $2,000. 190468 15309666 X X X X false 699409112 23508671 86258849 12920370 20475833 270618 775509811 710608283 21460984 -1478033 11759624 19180996 241502 699409112 609693550 21043099 108989396 10909640 18149524 58598 710608283 550499329 31135407 60060185 12495549 19183107 322715 609693550 723041198 10191217 -151023917 12295752 19108976 304441 550499329 0.24060 0.41510 0.34430 false false 28822927 28822927 411475212 125880779 285594433 7442480 6561582 880898 92348597 67906466 24442131 0 0 339740389 INTERMEDIATE TERM INVESTMENTS 32447672 F CASH EQUIVALENTS 67842047 F EQUITY INVESTMENTS 17729734 F FIXED INCOME INVESTMENTS 33903213 F PRIVATE EQUITY 102083008 F VENTURE CAPITAL 24418903 F HEDGE 255690152 F REAL ASSETS 68732321 F OTHER 807736 F 603654786 0 ANNUITIES & DEF. GIVING ARRANG. 13546018 POST-RETIREMENT BENEFIT OBLIG. 17469959 FEDERAL STUDENT LOAN FUNDS 3424695 CONDITIONAL ASSET RET. OBLIG. 9243278 43683950 FORM 990, SCHEDULE D, PART III, LINE 4 - DESCRIPTION OF ARTWORK THE PICKER ART GALLERY AT COLGATE UNIVERSITY SEEKS TO ENGAGE THE IMAGINATIONS, STIMULATE THE MINDS AND CAPTIVATE THE EYES OF ITS VISITORS - STUDENTS, FACULTY, STAFF, COMMUNITY MEMBERS AND TRAVELERS ALIKE. IT AIMS TO SERVE AS A LABORATORY FOR THE EXPLORATION AND PRESENTATION OF NEW IDEAS ABOUT AND RELATED TO ART; AS A FORUM FOR INTERDISCIPLINARY COLLABORATIONS GROUNDED IN VISUAL UNDERSTANDING; AS A BEACON OF EXCELLENCE IN ITS EXHIBITIONS, PROJECTS AND PUBLICATIONS; AND AS A SANCTUARY FOR THE CONTEMPLATION AND ENJOYMENT OF ART. THE LONGYEAR MUSEUM OF ANTHROPOLOGY IS MAINTAINED BY THE DEPARTMENT OF SOCIOLOGY AND ANTHROPOLOGY AS A TEACHING MUSEUM. THE COLLECTION OF ARCHAEOLOGICAL AND ETHNOLOGICAL MATERIALS, PRIMARILY RELATED TO THE AMERICAN INDIAN AND PALEOLITHIC IMPLEMENTS, INCLUDES THE MORTIMER C. HOWE COLLECTION OF AMERICAN INDIAN ARTIFACTS, THE HERBERT W. BIGFORD COLLECTION OF ONEIDA INDIAN ARCHAEOLOGY AND THE WALTER BENNETT COLLECTION OF IROQUOIS AND PRE-IROQUOIS ITEMS. The Robert M. Linsley Geology Museum exhibits minerals, rocks, and fossils, highlighting the beauty and wonder of these objects while also informing visitors about how geologists study the Earth. Threaded throughout the museum is a specific focus on what we know about New York State's geologic past. FORM 990, SCHEDULE D, PART V, LINE 4 - USE OF ENDOWMENT FUNDS THE ENDOWMENT IS MANAGED AND INVESTED TO PROVIDE CURRENT AND FUTURE SUPPORT FOR THE OPERATIONS OF THE UNIVERSITY. EXAMPLES OF SUPPORT PROVIDED INCLUDE FINANCIAL AID, FACILITIES UPKEEP, RESEARCH, FACULTY COMPENSATION AND OTHER ACADEMIC AND STUDENT OPERATIONS. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, PART 1, LINE 3 The University publicizes its racially non-discriminatory policy annually in the University catalogue. FORM 990, SCHEDULE E, PART I, LINE 6A The University participates in the Title IV Aid programs of the federal government, receives restricted grants and unrestricted gifts from the state of New York and will apply as appropriate for grants awarded on a competitive basis by the state or federal government. true East Asia and the Pacific 4 4 Program Services STUDY GROUPS 1028412 Europe (Including Iceland and Greenland) 15 15 Program Services STUDY GROUPS 2819031 Central America and the Caribbean Investments 248839236 North America Investments 12804088 Sub-Saharan Africa Investments 1616057 East Asia and the Pacific Grantmaking 937679 Central America and the Caribbean Grantmaking 347843 Middle East and North Africa Grantmaking 475987 Sub-Saharan Africa Grantmaking 169151 Europe (Including Iceland and Greenland) Grantmaking 3049744 19 19 19 19 272087228 272087228 SCHOLARSHIPS East Asia and the Pacific 32 937679 SCHOLARSHIPS Central America and the Caribbean 15 347843 SCHOLARSHIPS Middle East and North Africa 20 475987 SCHOLARSHIPS Sub-Saharan Africa 6 169151 SCHOLARSHIPS Europe (Including Iceland and Greenland) 113 3049744 true false true true true false Form 990, Schedule F, Part I, Line 2 Procedures for monitoring the use of grant funds outside the United States Funds are provided for the benefit of Colgate University Study Groups which are monitored and managed by employees of Colgate University. Full accounting and reconciliation procedures are performed for every study group trip. true HAMILTON CENTRAL SCHOOL 47 W KENDRICK HAMILTON NY 13346 156002230 PUBLIC SCHOOL 517615 6170 FMV used equip. GENERAL FUNDING VILLAGE OF HAMILTON FIRE DEPARTMENT 121 Lebanon St HAMILTON NY 13346 156001316 VILLAGE 174176 1005 FMV used equip. GENERAL FUNDING/ FIRETRUCK TOWN OF HAMILTON 16 BROAD STREET HAMILTON NY 13346 156000972 TOWN 82389 985 FMV USED EQUIP. GENERAL FUNDING PARTNERSHIP FOR COMM DEVELOPMENT 11 PAYNE STREET HAMILTON NY 13346 161572206 501(c)(3) 50000 GENERAL FUNDING So Mad County Vol Ambulance PO Box 453 Hamilton NY 13346 222753658 501(c)(3) 50000 Ambulance Funding COLGATE UNIVERSITY ALUMNI CORPORATION 13 OAK DRIVE HAMILTON NY 13346 150532083 501(C)(3) 127356 GENERAL FUNDING 3 3 Scholarships to students 1016 38795419 GRANT PROCEDURES COLGATE UNIVERSITY OFFERS GRANTS & LOANS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. STUDENTS MUST MEET CERTAIN ELIGIBILITY REQUIREMENTS. GRANTS AND LOANS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER SUPPORTING DOCUMENTATION TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. COLGATE ALSO OFFERS A LIMITED NUMBER OF ATHLETIC SCHOLARSHIPS (NON-NEED BASED) THAT ARE AVAILABLE FOR SELECT INTERCOLLEGIATE SPORTS. FORM 990, SCHEDULE I, PART II, LINE 1 Colgate University receives various requests for grants and other support from local entities throughout the fiscal year. The entities selected to receive grants, as listed in Part II, are selected to receive funding solely for local purposes. X X X X true true X X X X X true false false false false false false true true true JEFFREY HERBST 462500 0 0 0 21647 0 24996 0 95491 0 604634 0 0 0 DAVID HALE 250941 0 50000 0 1974 0 31246 0 5755 0 339916 0 0 0 ROBERT TYBURSKI 226345 0 12500 0 2710 0 33520 0 437 0 275512 0 0 0 BRUCE SELLECK 244062 0 0 0 25850 0 37470 0 5755 0 313137 0 0 0 MURRAY DECOCK 276881 0 28500 0 11406 0 27470 0 27493 0 371750 0 0 0 DAVID ROACH 211811 0 0 0 425876 0 16958 0 14439 0 669084 0 0 0 ANTHONY AVENI 185282 0 0 0 24681 0 27868 0 5755 0 243586 0 0 0 Douglas Hicks 125000 0 0 0 3134 0 13746 0 15120 0 157000 0 0 0 Joseph Hope 180556 0 0 0 3124 0 23009 0 5755 0 212444 0 0 0 Jeff Baldani 191770 0 0 0 8790 0 27960 0 5755 0 234275 0 0 0 Debra Townsend 181766 0 0 0 3001 0 27847 0 13143 0 225757 0 0 0 CAROLEE WHITE 147257 0 7329 0 1737 0 17127 0 5755 0 179205 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: EXPENSES FOR COMPANION TRAVEL WERE INCURRED BY PRESIDENT HERBST ON A LIMITED BASIS. COLGATE ALLOWS COMPANION TRAVEL ONLY ON OCCASIONS WHERE THERE IS A SPECIFIC BUSINESS PURPOSE, SUCH AS ATTENDANCE AT FUNDRAISING EVENTS. THE BENEFIT IS INCLUDED IN THE INDIVIDUALS FORM W-2, WHERE APPROPRIATE. HOUSING ALLOWANCE OF RESIDENCE FOR PERSONAL USE: ATHLETIC DIRECTOR ROACH RECEIVED A HOUSING ALLOWANCE BUT WAS TAXED ON THE VALUE. HOUSING ALLOWANCES ARE GRANTED ONLY WHEN IT IS SPECIFICALLY STATED IN AN EMPLOYMENT CONTRACT. SUCH AN ALLOWANCE IS PART OF AN EMPLOYEE'S TAXABLE COMPENSATION AND IS APPROVED AS PART OF THE EMPLOYEE'S COMPENSATION PACKAGE. PRESIDENT HERBST, DEAN HICKS AND DEAN NELSON WERE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF THEIR EMPLOYMENT AND FOR THE CONVENIENCE OF COLGATE, THEREFORE THEIR HOUSING AMOUNTS WERE NOT INCLUDED IN THEIR W-2'S. COLGATE PROVIDES HOUSING FOR EMPLOYEES WHEN THERE IS A REQUIREMENT TO LIVE IN UNIVERSITY HOUSING STIPULATED IN AN INDIVIDUAL'S EMPLOYMENT CONTRACT. THE BENEFIT IS INCLUDED IN THE INDIVIDUALS FORM W-2, WHERE APPROPRIATE. HEALTH OR SOCIAL CLUB DUES: ATHLETIC DIRECTOR ROACH AND JOSEPH HOPE WERE PROVIDED WITH CLUB MEMBERSHIPS. THE MEMBERSHIPS WERE TREATED AS TAXABLE COMPENSATION AND INCLUDED IN THE INDIVIDUALS FORM W-2. PERSONAL SERVICES: PRESIDENT HERBST RECEIVED CERTAIN PERSONAL SERVICES PROVIDED AT HIS ON CAMPUS RESIDENCE. SUCH SERVICES WERE STIPULATED IN PRESIDENT HERBST'S EMPLOYMENT CONTRACT. THE BENEFIT IS INCLUDED IN THE INDIVIDUALS FORM W-2, WHERE APPROPRIATE. SCHEDULE J, PART I, LINE 4A DAVID ROACH RECEIVED A SEVERENCE PAYMENT IN THE AMOUNT OF $352,192. THIS AMOUNT IS THE PRESENT VALUE OF THE PAYMENTS THAT ARE TO BE MADE IN THE FUTURE BUT ARE TAXED IN 2012. SCHEDULE J, PART I, LINE 7 NON-FIXED BONUSES WERE PAID AND ARE INCLUDED IN SCHEDULE J, PART II. SCHEDULE J, PART I, LINE 8 PRESIDENT HERBST WAS EMPLOYED AT COLGATE UNIVERSITY AS OF JUNE 1, 2010 AND THEREFORE THE INITIAL CONTRACT EXCEPTION APPLIES. A MCCRC-SERIES 2012A 272499520 557363BJ6 2012-06-15 30709683 REFINANCE OF SERIES 2003A & 2003B false false false B MCCRC-SERIES 2010A 272499520 557363AS7 2010-05-25 36532630 CONSTR PROJ & REFINANCE SERIES '98 false false false C MCCRC-Series 2005A 521325841 557365CP6 2005-09-26 46388559 VARIOUS CONSTRUCTION PROJECTS false false false D MCCRC-Series 2013A 521325841 557363BY3 2013-02-14 49773660 Refinance Series 2004A false false false A 0 0 30709683 0 0 0 472315 0 0 0 30212686 24682 2012 false true false true B 0 0 36552015 0 0 0 662077 0 0 15039266 20850672 0 2012 true false false true C 0 0 48639349 0 0 0 910822 457347 0 47271180 0 0 2007 false false true true D 0 0 49773660 0 0 0 747727 0 0 0 49021174 4759 false true false true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true D false false true true true true 0.01400 0.01400 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true Schedule K Part IV, Question 2 Rebate computation performed on: 2012 - June 15, 2012 2010 - April 3, 2013 2005 - October 4, 2007 2013A - February 14, 2013 A MCIDA-SERIES 2003B 521325841 557365BU6 2003-08-06 20410579 VARIOUS CONSTRUCTION PROJECTS false false false B MCIDA-SERIES 2003A 521325841 557365BK8 2003-04-09 16603499 REFINANCING OF SERIES 1993A false false false A 1920000 18325000 20638040 0 0 0 392382 0 0 20245658 0 0 2007 false false true true B 5425000 9745000 16603499 0 0 0 328366 0 0 0 16275133 0 true false true true A false false false false 0 false false false true B false false false false 0 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true A true B true Schedule K Part IV, Question 2 Rebate computation performed on: me SPOUSE OF SECRETARY 108647 SEE NOTE 1 false SHARON POLANSKY SPOUSE OF PRESIDENT 105506 SEE NOTE 1 false MURRAY DECOCK BROTHER-IN-LAW OF TRUSTEE 367586 SEE NOTE 1 false Catherine Bagwell Spouse-Dean of Faculty 120536 SEE NOTE 1 false HarbourVest International PEP III note 2 in part v below 50000 Capital Contributions false HarbourVest International PEP III Note 2 in Part V below 384000 CAPITAL DISTRIBUTIONS false Dover Street VII Note 2 in Part V below 550000 Capital Contributions false Dover Street VII Note 2 in Part V below 1054437 CAPITAL DISTRIBUTIONS false BREP VII NOTE 3 IN PART V BELOW 676598 CAPITAL DISTRIBUTIONS false BREP VII NOTE 3 IN PART V BELOW 3287102 CAPITAL CONTRIBUTIONS false note 1 Fiscal year 2013 compensation as an employee of Colgate University. note 2 Colgate Trustee and Managing Director of the management company (HarbourVest Partners) which is general partner in these funds. NOTE 3 COLGATE TRUSTEE IS THE CEO OF AN ENTITY THAT ENTERED IN TO A JOINT VENTURE WITH BREP VII. X 2 76001 APPRAISAL X 10 4009 APPRAISAL X 10834 FMV X 1 500 FMV X 320 4368410 FMV X 1 1 APPRAISAL X EQUIPMENT 1 827 FMV X COMPUTERS 1 45446 FMV X PIANO 1 1 FMV X MISCELLANEOUS 2 2 FMV 1 false false true FORM 990, SCHEDULE M, PART I, COLUMN B BASED ON THE NUMBER OF CONTRIBUTIONS FORM 990, SCHEDULE M, PART I, LINE 32B ARRANGEMENTS WITH THIRD PARTIES OR RELATED ORGANIZATIONS: COLGATE UNIVERSITY GENERALLY USES JP MORGAN CHASE AND NORTHERN TRUST TO FACILITATE THE SALE OF PUBLICLY TRADED SECURITIES. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1 COLGATE UNIVERSITY'S MISSION IS TO PROVIDE A DEMANDING, EXPANSIVE EDUCATIONAL EXPERIENCE TO A SELECT GROUP OF DIVERSE, TALENTED, INTELLECTUALLY SOPHISTICATED STUDENTS WHO ARE CAPABLE OF CHALLENGING THEMSELVES, THEIR PEERS AND THEIR TEACHERS IN A SETTING THAT BRINGS TOGETHER LIVING AND LEARNING. THE educational mission of Colgate UNIVERSITY IS TO DEVELOP WISE, THOUGHTFUL, CRITICAL THINKERS AND PERCEPTIVE LEADERS BY ENCOURAGING YOUNG MEN AND WOMEN TO FULFILL THEIR POTENTIAL THROUGH RESIDENCE IN A COMMUNITY THAT VALUES ALL FORMS OF INTELLECTUAL RIGOR AND RESPECTS THE COMPLEXITY OF HUMAN UNDERSTANDING. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE HERLING AND KEY EMPLOYEE DECOCK HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS TOGETHER WITH ITS TAX PROFESSIONALS TO GATHER THE REQUIRED INFORMATION NECESSARY TO PREPARE A DRAFT OF THE FORM 990. ONCE A DRAFT IS COMPLETED, IT IS THEN REVIEWED WITH THE AUDIT COMMITTEE, MANAGEMENT, AND THE TAX PROFESSIONALS. ONCE THE REVIEW IS COMPLETED AND EDITS ARE MADE, A COMPLETE COPY OF THE UNIVERSITY'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO THE FULL BOARD BEFORE ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER OF COLGATE UNIVERSITY IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ON COLGATE'S DISCLOSURE STATEMENT (A) ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMEBER, HAS WITH COLGATE OR ANY AFFILIATED ORGANIZATIONS OR (B) OTHER PERSONAL, FAMILY, FINANCIAL, OR BUSINESS RELATIONSHIPS THAT OTHERWISE COULD BE CONSTRUED TO AFFECT THE INDEPENDENCE, UNBIASED JUDGEMENT OF SUCH TRUSTEE OR OFFICER IN LIGHT OF HIS OR HER DECISION-MAKING AUTHORITY OR RESPONSIBILITIES FOR COLGATE. THE DISCLOSURE STATEMENTS ARE SUBMITTED TO THE TREASURER'S OFFICE, REVIEWED BY THAT OFFICE, OUTSIDE COUNSEL TO THE UNIVERSITY AND THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A REPORT IS MADE TO THE FULL AUDIT COMMITTEE AND THE BOARD OF TRUSTEES. IN THE EVENT A POSSIBLE CONFLICT OF INTEREST IS IDENTIFIED, THE MATTER IS ADDRESSED INITIALLY WITH THE AUDIT COMMITTEE AND, IF NECESSARY, ULTIMATELY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 14 THE UNIVERSITY ADMINISTRATION HAS UNDERTAKEN TO EXAMINE THE EFFICACY OF A CAMPUS-WIDE DOCUMENT RETENTION AND DESTRUCTION POLICY INTENDED TO REPLACE INDIVIDUAL DEPARTMENT-LEVEL POLICIES. IF DEVELOPED, A PROPOSED CAMPUS-WIDE POLICY WILL BE SUBMITTED TO THE UNIVERSITY'S BOARD OF TRUSTEES FOR ITS APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A & 15B COLGATE UNIVERSITY HAS AN INDEPENDENT EXECUTIVE COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET AND SURVEY DATA. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS, INCLUDING THE PRESIDENT, ALL OFFICERS, AND KEY EMPLOYEES, IS REASONABLE AND SATISFIES THE REBUTTABLE PRESUMPTION OF TREASURY REGULATION 53.4958-6. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY THE ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE. THE COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES FOR THE PURPOSE OF ASSISTING THE BOARD IN FULFILLING ITS RESPONSIBILY TO THE ORGANIZATION AND THE COMMUNITY TO ENSURE THAT THE COMPENSATION COMPLIES WITH THE ORGANIZATION'S POLICIES. THE COMMITTEE IS COMPRISED OF TRUSTEES WHO ARE INDEPENDENT OF MANAGEMENT AND THE ORGANIZATION AND FREE OF CONFLICTS OF INTEREST, THEREBY PLACING THEM IN A POSITION TO EXERCISE INDEPENDENT JUDGMENT. PRIOR TO MAKING ANY COMPENSATION DECISIONS, THE EXECUTIVE COMPENSATION COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPENSATION DATA FROM COMPARABLE INSTITUTIONS. THE COMMITTEE CONTRACTS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND UTILIZES LOCAL AND NATIONAL COMPENSATION SURVEYS TO SET COMPENSATION LEVELS. FINALLY, THE EXECUTIVE COMPENSATION COMMITTEE ADEQUATELY AND CONTEMPORANEOUSLY DOCUMENTED THE BASIS FOR ITS COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C - DISCLOSURE THE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART V, LINE 4B AUSTRALIA FRANCE GERMANY SWITZERLAND JAPAN SPAIN UNITED KINGDOM JAMAICA CHINA ITALY DENMARK EGYPT FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $3,793,693 POST RETIREMENT BENEFIT OBLIGATION $3,124,303 LOSS ON BOND REFINANCING ($3,860,000) OTHER $245,311 TOTAL $3,303,307 COLGATE INN LLC 11 PAYNE STREET HAMILTON NY 13346 161601117 LODGING/FOOD NY -275584 9990668 NA HAMILTON INITIATIVE LLC PO BOX 219 HAMILTON NY 13346 161584169 REAL ESTATE NY -380179 7245946 NA PALACE THEATER LLC PO BOX 207 HAMILTON NY 13346 010549094 ENTERTAINMENT NY -209087 1636910 NA HAMILTON THEATER LLC PO BOX 1895 7 LEBANON STREET HAMILTON NY 13346 050535870 MOVIE THEATER NY -110534 1302565 NA COLGATE ALUMNI CORPORATION INC 13 OAK DRIVE HAMILTON NY 13346 150532083 ALUMNI AFFAIR NY 501(C)(3) 11 NA false CHARITABLE ANNUITY TRUSTS - (3) SUPPORT NY NA TRUST true CHARITABLE UNITRUSTS - (17) SUPPORT NY NA TRUST true POOLED INCOME FUNDS - (3) 13 OAK DRIVE HAMILTON NY 13346 SUPPORT NY NA TRUST true CRATs-CRUTs - Colgate is not the trustee SUPPORT NY NA TRUST true false true false false false false false false false false false false true true true false false true true Pooled Income Funds R 218566 CASH Charitable Annuity Trusts R 527914 CASH