2014-05-14T18:32:28-05:00 2013-06-30 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2012-07-01 060646927 TRUSTEES OF TRINITY COLLEGE THE % GUY P DRAPEAU TRIN 8602972000 300 SUMMIT STREET Suite HARTFORD CT 06106 GUY P DRAPEAU 8602972000 2014-05-14 true 6175305000 2012 2015-11-30 17:44:51Z JAMES F JONES JR 300 SUMMIT STREET HARTFORD CT 06106 235182598 false X WWW.TRINCOLL.EDU X 1823 CT SEE SCHEDULE O 33 30 2017 500 -272551 -541517 33724459 19548705 123673463 127040882 5872943 20350929 2900322 3338739 166171187 170279255 34935781 34344040 0 0 59359884 60191767 0 0 5104450 69787841 75628841 164083506 170164648 2087681 114607 775899899 834462497 205630081 214483826 570269818 619978671 X SEE SCHEDULE O false false 92403440 34344040 105133737 THE COLLEGE PROVIDED INSTRUCTION, RESEARCH OPPORTUNITIES AND RELATED SUPPORT TO FACULTY AND STUDENTS TO ENCOURAGE PROFESSIONAL DEVELOPMENT AND A WIDE CURRICULUM FOR LIBERAL ARTS EDUCATION. IN ADDITION, THE COLLEGE PROVIDED GRANTS AND SCHOLARSHIPS TO STUDENTS WHO ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. 20168136 21907145 THE COLLEGE PROVIDED RESIDENTIAL AND DINING SERVICES TO STUDENTS. 22001668 PLANT 11244191 STUDENT SERVICES 5558245 INSTITUTIONAL SUPPORT 1351886 PUBLIC SERVICE 40155990 152727566 true true false true false false false true false true true true false false true false false true true true true false false false false false false false true true true false false false false false false false false true true true true false false false true true true false false true 443 0 true 2017 true true true true IT false false false false false false false false X 33 30 false false false false false false false true true false false true true true true true true true true false X X X GUY P DRAPEAU 8602974210 300 SUMMIT STREET HARTFORD CT 061063100 X PAUL E RAETHER 1.0 1.0 X 0 0 0 PHILIP S KHOURY 1.0 1.0 X SOPHIE BELL AYRES 1.0 1.0 X PATRICE BALL-REED 1.0 1.0 X EMILY L BOGLE 1.0 1.0 X THOMAS R DIBENEDETTO 1.0 1.0 X NINA MCNEELY DIEFENBACH 1.0 1.0 X LUIS J FERNANDEZ 1.0 1.0 X JOHN S GATES JR 1.0 1.0 X JEFFREY E KELTER 1.0 1.0 X MICHAEL J KLUGER 1.0 1.0 X ALEXANDER H LEVI 1.0 1.0 X MICHAEL D LOBERG 1.0 1.0 X ALEXANDER P LYNCH 1.0 1.0 X ELAINE PATTERSON 1.0 1.0 X WILLIAM C RICHARDSON 1.0 1.0 X EDWARD C RORER 1.0 1.0 X PENNY SANCHEZ 1.0 1.0 X THOMAS R SAVAGE 1.0 1.0 X LUTHER L TERRY JR 1.0 1.0 X CORNELIA PARSONS THORNBURGH 1.0 1.0 X W JAMES TOZER JR 1.0 1.0 X TIMOTHY J WALSH 1.0 1.0 X RONALD V WATERS III 1.0 1.0 X SARAH KOEPPEL COHN 1.0 1.0 X JOSHUA C GRUSS 1.0 1.0 X L PETER LAWRENCE 1.0 1.0 X BILL MARIMOW 1.0 1.0 X KAREN K THOMAS 1.0 1.0 X RHEA PINCUS TURTELTAUB 1.0 1.0 X JAMES F JONES JR 40.0 1.0 X X 1074740 65376 KEVIN J MALONEY 1.0 1.0 X SHAWN T WOODEN 1.0 1.0 X PAUL MUTONE 40.0 1.0 X 325138 95323 RENA FRADEN 40.0 0.0 X 239518 81030 RONALD A JOYCE 40.0 0.0 X 296287 36771 RAYMOND W BAKER 40.0 0.0 X 191601 25632 BARRY A KOSMIN 40.0 0.0 X 170907 39459 LARRY R DOW 40.0 0.0 X 196526 37513 PAUL LAUTER 40.0 0.0 X 163124 26882 FREDERICK ALFORD 40.0 0.0 X 173190 59154 2831031 0 467140 109 false true false CHARTWELLS PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICES 9181654 ARAMARK 4 YAWKEY WAY BOSTON MA 02215 FACILITY SERVICES 11732406 ENTERPRISE BUILDERS INC 46 SHEPARD DRIVE NEWINGTON CT 06111 CONSTRUCTION MGMT 956348 O G INDUSTRIES 112 WALL ST TORRINGTON CT 06790 CONSTRUCTION MGMT 2730181 KIRCHHOFF-CONSIGLI CONSTRUCTION MGM 199 WEST ROAD SUITE 100 PLEASANT VALLEY NY 12569 CONSTRUCTION MGMT 2759502 29 2014340 17534365 2658410 19548705 TUITION & FEES 900099 105133737 105133737 DINING FACILITIES 722210 7769610 7769610 DORMITORY FEES 721000 14098354 14098354 ALUMNI/FACULTY CENTER 900099 39181 39181 127040882 2832381 2832381 0 0 85640 145751 -60111 0 -60111 -60111 82406546 -130406 64757592 17648954 -130406 17518548 -272551 17791099 0 0 0 OTHER REVENUE 900099 3398850 3398850 3398850 170279255 127040882 -272551 23962219 0 34344040 34344040 0 0 2522029 965606 742990 813433 47330 47330 44729794 40118116 2119780 2491898 3560014 3088858 273384 197772 6115204 5664960 177813 272431 3217396 2769481 240307 207608 0 709879 38211 668067 3601 387745 28920 358825 0 0 4828623 4828623 13892934 13323903 415145 153886 174963 111293 53326 10344 1951171 1509828 239855 201488 1143496 1050136 13507 79853 0 911240 894068 17172 4461520 3906849 153255 401416 0 142981 130070 4810 8101 5893057 5893057 0 12223528 11663190 558312 2026 1849213 1298485 550728 BOOKS & PERIODICALS 1613886 1610841 300 2745 EQUIP RENTAL & MAINTENANCE 1015039 980535 15981 18523 PROGRAM 5279191 5130016 149175 ROOM & BOARD 8545901 8534301 11600 10604474 9672802 900452 31220 170164648 152727566 12332632 5104450 0 0 65271584 47370359 33967710 28642151 581194 659132 0 0 0 0 5486030 5696678 113338 95558 457254 240392 481536809 205533037 263403771 276003772 218981395 287650870 184103881 184720942 0 0 0 0 3533742 3382643 775899899 834462497 15907730 14754886 0 0 4303288 4339967 144837031 141764180 0 0 0 0 267071 233627 0 0 40314761 53391166 205630081 214483826 X 87587695 92085434 211774715 250628199 270907408 277265038 570269818 619978671 775899899 834462497 X 114607 48849255 744991 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 SCHEDULE C, PART II-B, LINE 1I TRINITY COLLEGE PAID DUES OR MEMBERSHIPS OF $699,536. DURING THE FISCAL YEAR 2013 TO CERTAIN ORGANIZATIONS WHICH MAY LOBBY ON ITS BEHALF. X X X false 439120044 4747641 67080248 4035953 15576205 4828623 486507152 436652800 16829586 4731885 3963070 12402575 2728582 439120044 307807228 14163865 133577135 3588820 11639440 3667168 436652800 339757696 6478223 48298121 4189177 15780592 3757043 370807228 434330841 8885776 -79414718 4371772 16031236 3641195 339757696 0.02000 0.98000 false false 30375657 30375657 367983217 164980610 203002607 50635808 40552427 10083381 13262215 19279912 32542127 276003772 HEDGE FUNDS 184720942 F 184720942 18829 PV OF SPLIT-INT OBLIGATIONS 5515864 CONTRIBUTIONS DUE TO OTHERS 84816 FEDERAL STUDENT LOAN FUNDS 3205015 ACCRUED POST-RETIREMENT BENEFI 5517649 BARBIERI SEVERANCE 296007 LIABILITY FOR ASSET RETIREMENT 25688937 LIABILITY FOR DORMITORY CONSTRUCTION 13064049 53391166 COLLECTION OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS SCHEDULE D, PART III, LINE 1A: THE LIBRARY COLLECTIONS OF TRINITY COLLEGE SUPPORT TEACHING, STUDY AND RESEARCH IN THE DISCIPLINES REPRESENTED IN THE TRINITY COLLEGE CURRICULUM. THE COLLECTIONS OFFER BOTH HISTORICAL DEPTH IN ESTABLISHED FIELDS OF KNOWLEDGE AS WELL AS CURRENT SCHOLARSHIP IN NEW AREAS OF RESEARCH. THE MAIN PRINT COLLECTIONS OF THE LIBRARY CONTAIN OVER ONE MILLION VOLUMES. THE COLLEGE'S WATKINSON LIBRARY HOLDS APPROXIMATELY TWO HUNDRED THOUSAND VOLUMES, CONSISTING OF RARE BOOKS, MANUSCRIPTS AND A NUMBER OF SPECIAL COLLECTIONS. EXHIBITIONS ARE A REGULAR FEATURE OF THE WATKINSON LIBRARY. THE LIBRARY ALSO OFFERS OPEN HOUSE PROGRAMS WITH SPEAKERS ON A VARIETY OF TOPICS. BOTH EXHIBITIONS AND OPEN HOUSES ARE OPEN TO THE PUBLIC. SCHEDULE D, PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS ARE USED TO PROVIDE FINANCIAL RESOURCES TO SUPPLEMENT COLLEGE OPERATING FUNDS AND OTHER RESTRICTED GIFTS FOR MANY PURPOSES AS DETERMINED BY DONORS SUCH AS CLASSROOMS, INFORMATION TECHNOLOGY, RESEARCH MATERIALS, BUILDINGS, FINANCIAL AID AND ATHLETIC FACILITIES. SCHEDULE D, PART X: THE FINANCIAL STATEMENTS DID NOT REPORT A FIN 48 LIABILITY. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3: TRINITY COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE COLLEGE BULLETIN. IT ALSO APPEARS ON THE TRINITY COLLEGE WEB SITE UNDER STUDENT LIFE - DIVERSITY GENDER AND FACULTY MANUAL PAGES. SCHEDULE E, LINE 6A: TRINITY COLLEGE RECEIVED FUNDS FOR FINANCIAL AID FROM THE UNITED STATES DEPARTMENT OF EDUCATION. Europe (Including Iceland and Greenland) 4 15 Program Services STUDY ABROAD 1597245 East Asia and the Pacific 0 0 Program Services STUDY ABROAD 363833 Middle East and North Africa 0 0 Program Services STUDY ABROAD 24559 South America 2 7 Program Services STUDY ABROAD 501888 Sub-Saharan Africa 1 1 Program Services STUDY ABROAD 667963 Central America and the Caribbean 0 0 Investments 89296613 Europe (Including Iceland and Greenland) Investments 7951907 7 23 7 23 100404008 100404008 true false true true true false SCHEDULE F, PART I, COLUMN F: ACTIVITIES OUTSIDE THE US TOTAL EXPENDITURES IN THE REGION - THE COLLEGE TRACKS EXPENSES FOR ACTIVITIES IN EACH REGION USING A UNIQUE DEPARTMENT ACCOUNT NUMBER FOR EACH REGION ON THE GENERAL LEDGER. true GRANTS AND SCHOLARSHIPS FOR STUDENTS 934 34344040 PART I, LINE 2 - Grants and Allocations: APPROXIMATELY 42 PERCENT OF TRINITY COLLEGE UNDERGRADUATES ARE RECEIVING ASSISTANCE FROM THE COLLEGE, FEDERAL OR STATE FUNDS. GRANTS AND SCHOLARSHIPS ARE AWARDED ON THE BASIS OF FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. A COMPLETE LISTING OF FINANCIAL RECIPIENTS IS AVAILABLE AT THE COLLEGE'S FINANCIAL AID OFFICE. THE COLLEGE'S FINANCIAL AID OFFICE MONITORS THE DISBURSEMENT OF FINANCIAL AID. SCHEDULE I,PART III: THE CASH GRANT INCLUDES CREDITS ON STUDENT ACCOUNTS. X X X false true X X X false true false false false false false false false JAMES F JONES JR 397776 0 676964 21438 43938 1140116 470000 PAUL MUTONE 312545 12593 23125 72198 420461 RENA FRADEN 236018 3500 22675 58355 320548 RONALD A JOYCE 289269 7018 23125 13646 333058 RAYMOND W BAKER 191601 16936 8696 217233 BARRY A KOSMIN 170907 16738 22721 210366 LARRY R DOW 196526 18750 18763 234039 PAUL LAUTER 163124 15590 11292 190006 FREDERICK ALFORD 173190 16662 42492 232344 SCHEDULE J, PART I, LINE 1A: TRAVEL FOR COMPANIONS - THE SPOUSES OF THE PRESIDENT AND VICE PRESIDENT FOR COLLEGE ADVANCEMENT OCCASIONALLY TRAVEL WITH THEM TO PARTICIPATE IN FUNDRAISING EVENTS. THIS TRAVEL IS FOR THE BENEFIT OF THE COLLEGE AND IS STRICTLY FOR BUSINESS PURPOSES. TRAVEL EXPENSES OF THE VICE PRESIDENT ARE REVIEWED AND APPROVED BY THE PRESIDENT. THE TRAVEL EXPENSES OF THE PRESIDENT ARE REVIEWED AND APPROVED BY THE BOARD. HOUSING ALLOWANCE - ON CAMPUS HOUSING IS PROVIDED FOR THE PRESIDENT OF THE COLLEGE AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER. THE VP OF FINANCE RECEIVES A HOUSING ALLOWANCE WHICH IS TREATED AS TAXABLE AND INCLUDED IN COLUMN (B)(III). SOCIAL CLUB DUES OR INITIATION FEES - A MEMBERSHIP IN A SOCIAL CLUB IS PROVIDED FOR THE PRESIDENT AND HIS SPOUSE, WHO IS EMPLOYED BY THE ADVANCEMENT OFFICE, AND THE VICE PRESIDENT FOR COLLEGE ADVANCEMENT AND IS USED FOR FUNDRAISING ACTIVITIES. THEY IDENTIFY AND PAY FOR ANY PERSONAL USE OF THE SOCIAL CLUB. SCHEDULE J, PART I, LINE 4B: In FY07, the College established a contingent deferred compensation program for President Jones. Under the agreement, the College shall contribute an amount equal to $80,000 for each contract year beginning with the year ended June 30, 2007. This contribution amount was adjusted to $150,000 per year for 2011 and 2012. All accrued deferred compensation shall vest and be paid to the President or his estate on the earlier of the President's death, the President's permanent disability, the President's termination without cause by the College or the President's completion of the term of his current employment agreement on June 30, 2012. In 2012, this plan became fully vested and amounts due under the plan were fully paid to the President. The amounts paid are reflected in Schedule J, Part II, Column (b)(iii). Amounts included in Column (b)(iii) previously disclosed on prior Form 990s are included in Column (f). PURSUANT TO A NEW DEFERRED COMPENSATION AGREEMENT EXECUTED IN 2011, BEGINNING JULY 1, 2012 THE COLLEGE SHALL MAKE A CONTRIBUTION OF $175,000 FOR EACH CONTRACT YEAR. ALL ACCRUED DEFERRED COMPENSATION UNDER THIS PLAN SHALL VEST AND BE PAID TO THE PRESIDENT OR HIS ESTATE ON THE EARLIER OF: THE PRESIDENT'S DEATH, THE PRESIDENT'S PERMANENT DISABILITY, THE PRESIDENT'S TERMINATION WITHOUT CAUSE BY THE COLLEGE OR THE PRESIDENT'S COMPLETION OF THE TERMS OF CURRENT EMPLOYMENT ON JUNE 30, 2015. NO CONTRIBUTIONS WERE MADE UNDER THE PLAN FOR 2012. A CONN HEALTH & ED FAC AUTH - SERIES H 060806186 20774LR56 2004-07-08 33719810 REFINANCE CHEFA E-1996 false false false B CONN HEALTH & ED FAC AUTH - SERIES L 060806189 20774UG82 2008-08-05 15345000 REFINANCE CHEFA I-2005 false false false C CONN HEALTH & ED FAC AUTH - SERIES J 060806186 20774UJF3 2007-03-07 49540630 REFINANCE CHEFA G-2001 false false false D CONN HEALTH & ED FAC AUTH - SERIES K 060806186 20774UKS3 2007-03-07 24994272 CONSTRUCTION false false false A 8410000 0 33719810 0 0 0 65541 323000 0 0 33331269 0 true false true true B 1860000 0 15345000 0 0 0 269841 37059 0 0 15038100 0 true false true true C 0 0 49540630 0 0 0 474898 1125000 0 0 47940732 0 true false true true D 2275000 0 24994272 0 0 0 137085 226000 0 24631187 0 0 false false true true A 0 B false false false false 0 false false false false C 0 D false false false false 0 false false false false A false false true false false false 0 false 0 false false B false false true false true false 0 false 0 false false C false false true false false false 0 false 0 false false D false false false false false false 0 false 0 false false A false B false C false D false FORM 990 SCHEDULE K PART III 0 TRINITY COLLEGE HAS CONDUCTED AN EXTENSIVE ANALYSIS OF ALL ACTIVITIES CONDUCTED WITHIN ITS BOND-FINANCED FACILITIES AND HAS DETERMINED THAT THERE IS NO PRIVATE BUSINESS USE. FORM 990 SCHEDULE K PART IV TRINITY COLLEGE HAD NO PROCEEDS IN CONSTRUCTION FUNDS DURING FISCAL YEAR 2013. ALL PROJECTS WERE COMPLETED IN PRIOR YEARS. THEREFORE, NO REBATE COMPUTATION WAS REQUIRED. FORM 990 SCHEDULE K PART V 0 THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO ENSURE THAT VIOLATION OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS. A CONN HEALTH & ED FAC AUTH - SERIES M 060806186 20774UGS1 2010-06-29 22554896 REFINANCE CHEFA F-1998 false false false A 1545000 0 22554896 0 0 0 404896 0 0 0 22150000 0 true false true true A 0 A false false true false false false 0 false 0 false false A false KOHLBERG KRAVIS ROBERTS TRUSTEE IS PARTNER 10981349 VALUE OF INVESTMENT false COMPANY GRUSS COMPANY TRUSTEE IS PARTNER 1552903 VALUE OF INVESTMENT false JAN SHEETS JONES SPOUSE OF PRESIDENT 47330 COLLEGE EMPLOYEE false X 269 APPRAISAL X 153 2621704 HIGH-LOW AVG X RECEPTIONS 1 653 RECEIPTS PROVIDED X ATHLETIC EQUIPMENT 1 2784 RECEIPTS PROVIDED X LABORATORY EQUIPMENT 1 30000 APPRAISAL X GIFT CERTIFICATES 1 3000 FACE VALUE false true false SCHEDULE M, COLUMN B: THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 & PART III, LINE 1: TRINITY COLLEGE'S MISSION IS TO PROVIDE EXCELLENCE IN LIBERAL ARTS EDUCATION WITH EMPHASIS ON MAINTAINING AN OUTSTANDING FACULTY, RIGOROUS CURRICULUM, TALENTED AND MOTIVATED STUDENT BODY AND AN ATTRACTIVE, SUPPORTIVE AND SECURE CAMPUS COMMUNITY. FORM 990, PART VI, LINE 11: TRINITY COLLEGE PREPARES THE RETURN FOR REVIEW BY AN OUTSIDE PAID PREPARER AND SENIOR MANAGEMENT. THE BOARD OF TRUSTEES AUDIT COMMITTEE REVIEWS FORM 990. A FULL COPY OF FORM 990 IS DISTRIBUTED TO ALL TRINITY COLLEGE TRUSTEES BEFORE IT IS FILED. THE RETURN IS SIGNED BY THE COMPTROLLER AND THE PAID PREPARER. FORM 990, PART VI, LINE 12C: THE COLLEGE DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND A RELATED SURVEY TO ALL TRUSTEES, OFFICERS, DIVISION HEADS, DIRECTORS AND MANAGERS. THE SURVEY REQUIRES DISCLOSURE OF ALL RELATED PARTY TRANSACTIONS. THE AUDIT COMMITTEE REVIEWS THIS INFORMATION AND DETERMINES IF RESTRICTIONS SHOULD BE IMPOSED ON INDIVIDUALS WITH POTENTIAL CONFLICTS. FORM 990, PART VI, LINES 15A & 15B: ANNUALLY, THE COMPENSATION COMMITTEE OF THE COLLEGES REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT, OFFICERS AND KEY EMPLOYEES. IN DETERMINING COMPENSATION LEVELS, THE COMMITTEE USES INDEPENDENT SALARY GUIDES AND BUDGETS. THE COMMITTEE APPROVES THE COMPENSATION AND DOCUMENTS ITS PROCESS. FORM 990 PART VI LINE 18: THE TRINITY COLLEGE FORM 990 IS AVAILABLE THROUGH GUIDESTAR.ORG. FORM 990, PART VI, LINE 19: THE ACCOUNTING SERVICES WEB SITE INCLUDES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS: TRANSFER FROM BARBIERI CENTER $ 744,991 BARBIERI CENTER INC VIA RAIMONDO DA CAPUA 2 ROME IT 00153 510180636 EDUCATION CT 501(c)(3) 2 TRINITY COLL true POOLED INCOME FUND (3) SUPPORT CT NA TRUST false CHARITABLE REMAINDER ANNUITY TRUST (1) SUPPORT CT NA TRUST false CHARITABLE REMAINDER UNITRUSTS (26) SUPPORT CT NA TRUST false false false false false false false false false false false false false false false true false false true false BARBIERI CENTER Q 2124125 value of funds PART IV, LINE 3, COLUMN (C) THE TRUSTS ARE DOMICILED IN CT AND THE FOLLOWING STATES- VA, NY, MD, AND FL.