2013-04-15T13:29:02-05:00 2012-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2011-06-01 160743150 ST BONAVENTURE UNIVERSITY STBO 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 BRENDA MCGEE 7163752000 2013-04-13 1 JOHN P SCHIAVONE P00040031 7168563300 2011 2016-03-07 17:11:31Z BRENDA MCGEE 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 96574920 0 X WWW.SBU.EDU X 1858 NY TO FOSTER THE DEVELOPMENT OF KNOWLEDGEABLE, SKILLED, COMPASSIONATE AND ETHICAL INDIVIDUALS. 35 35 1592 1125 374384 -216667 11613158 12605988 69601357 70235829 1247677 2726681 2066686 2380070 84528878 87948568 25637330 25519579 0 0 31090964 32278737 0 0 2188668 20978202 21422261 77706496 79220577 6822382 8727991 147493412 149825120 31252453 28651989 116240959 121173131 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 66011065 25519579 58953393 HIGHER EDUCATION PROVIDED TO APPROXIMATELY 2800 UNDERGRADUATE AND GRADUATE STUDENTS 66011065 1 1 0 1 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 0 1 206 0 1 1592 1 1 1 1 UK 0 0 0 0 0 0 0 0 X 35 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X NANCY TAYLOR 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 JOHN R MCGINLEY JR 2.00 X X 0 0 0 JOHN J MCCORMACK JR 2.00 X X 0 0 0 RAYMOND C DEE 2.00 X X 0 0 0 FR FRANK SEVOLA OFM 2.00 X X 0 0 0 LANA BENATOVICH 2.00 X 0 0 0 JAMES E CANTY 2.00 X 0 0 0 JAMES J CATTANO 2.00 X 0 0 0 DANIEL F COLLINS 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 F CONWAY OFM 2.00 X 0 0 0 ROBERT CROWLEY 2.00 X 0 0 0 ROBERT J DAUGHERTY 2.00 X 0 0 0 JOSEPH A DEMARIA ESQ 2.00 X 0 0 0 COLETTE DOW 2.00 X 0 0 0 TIMOTHY F FIDGEON ESQ 2.00 X 0 0 0 TIMOTHY J FINAN 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 ROBERT S KING 2.00 X 0 0 0 BHARAT KOHLI MD MBA 2.00 X 0 0 0 FR FRED LINK OFM 2.00 X 0 0 0 THOMAS M MARRA 2.00 X 0 0 0 JAMES E MEYER 2.00 X 0 0 0 EUGENE M O'CONNOR ESQ 2.00 X 0 0 0 VERY REV JOHN F O'CONNOR OFM 2.00 X 0 0 0 FR KENNETH P PAULLI OFM EDD 2.00 X 0 0 0 WILLIAM PURCELL III 2.00 X 0 0 0 LESLIE C QUICK III 2.00 X 0 0 0 JOHN SPONYOE 2.00 X 0 0 0 JAMES E STITT 2.00 X 0 0 0 MARVIN W STOCKER 2.00 X 0 0 0 BERNARD E STOECKLEIN JR 2.00 X 0 0 0 VINCE R VOLPE JR 2.00 X 0 0 0 SR MARGARET CARNEY 40.00 X 0 0 16842 DR MICHAEL FISCHER 40.00 X 144190 0 41010 BRENDA L MCGEE 40.00 X 144190 0 18193 DR EMILY SINSABAUGH 40.00 X 123326 0 16107 RICHARD TRIETLEY 40.00 X 93714 0 9371 MARY DRISCOLL 40.00 X 119955 0 69882 BR F EDWARD COUGHLIN 40.00 X 0 0 4979 MARK SCHMIDT 40.00 X 306854 0 39401 DR WOLFGANG NATTER 40.00 X 132408 0 16514 STEPHEN P WATSON 40.00 X 121081 0 12108 KATHRYN DILLION HOGAN 40.00 X 119725 0 22439 DR PEGGY BURKE 40.00 X 119298 0 15602 1424741 0 282448 17 0 1 0 ARAMARK 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 FOOD SERVICE CONTRACTOR 7514414 TIAA-CREF 730 THIRD STREET NEW YORK NY 10017 PENSION SERVICES 2874546 DATATEL 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE DEVELOPMENT 395612 DUGGAN & DUGGAN CONTRACTORS I 85 WEST MAIN STREET ALLEGANY NY 14706 CONSTRUCTION CONTRACTOR 372094 LAWLEY SERVICE INC 120 DELAWARE AVENUE BUFFALO NY 14202 INSURANCE 329754 5 908312 11697676 370424 12605988 TUITION AND FEES 611710 58958437 58958437 RESIDENCE HALL 721000 8545455 8545455 FOOD SERVICE/DINING 722210 1907523 1907523 ATHLETIC REVENUE 713940 476462 476462 PARKING FEES 812930 174161 174161 173791 173791 70235829 745800 745800 10607233 8621308 5044 1985925 -5044 1980881 -5044 1985925 MISCELLANEOUS REVENUE 900099 2005686 2005686 GOLF COURSE 713910 230013 230013 CAMPS & CONFERENCES 713940 125695 125695 18676 18676 2380070 87948568 58953393 374384 16014803 25519579 25519579 856335 10825 651019 194491 22805574 18597599 3228903 979072 2179768 1428965 664078 86725 6437060 5450659 746560 239841 129068 129068 110783 110783 1608059 610376 935001 62682 3212056 2370413 683150 158493 2008899 326112 1682787 1587442 1340200 104012 143230 42145 12889 28128 1128 766520 668125 90238 8157 3586716 3126303 422245 38168 401958 6945 390632 4381 STUDENT ACTIVITIES 3041253 2951981 48091 41181 BUILDING AND AUTO REPAI 1540238 495430 1043333 1475 ATHLETICS 1111662 1111662 ENTERTAINMENT 711832 512114 88208 111510 1563630 1470888 85391 7351 79220577 66011065 11020844 2188668 10502388 9828123 8823591 11081292 5647326 5509427 1721 1560 661582 672550 125533148 57841995 67619809 67691153 54236995 55041015 147493412 149825120 3558627 3211723 2072949 1565590 16532489 14474046 9088388 9400630 31252453 28651989 X 58693659 60543307 22208636 19960180 35338664 40669644 116240959 121173131 147493412 149825120 X 8727991 -3795819 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 110783 0 0 110783 0 X X X X 0 46931355 2563805 -1135558 706034 47653569 39425175 3393191 6454489 2341500 46931355 36333348 1311376 4821532 3041081 39425175 44896975 2914188 -9331756 2146059 36333348 0.15000 0.85000 0 0 2558507 2558507 93514349 37347227 56167122 13632620 10184750 3447870 15827672 10310018 5517654 67691153 COMMON STOCK 44752023 F BONDS 4757912 F LIQUID ASSETS 5531080 F 55041015 STUDENT AND OTHER DEPOSITS 373381 ACCRUED INTEREST 93844 OTHER LIABILITIES 1016127 US GOVT GRANTS REFUNDABLE 2229415 ASSET RETIREMENT OBLIGATION 5687863 9400630 87948568 79220577 8727991 -3795819 -3795819 4932172 84152749 -3795819 -3795819 87948568 0 87948568 79220577 0 79220577 0 79220577 PART III, LINE 1A: THE UNIVERSITY DOES NOT ASSIGN A VALUE TO ART AND OTHER COLLECTIONS RECEIVED AS GIFTS. MANAGEMENT BELIEVES IT IS NOT PRACTICABLE 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: ALLOCATION AS FOLLOWS: 42% SCHOLARSHIPS; 14% UNRESTRICTED; 5% LIBRARY; 8%QUICK ARTS CENTER; 12% FRANCISCAN PROGRAMS AND RESEARCH; 16% ACADEMIC PROGRAMS AND TEACHING; AND 3% RESTRICTED 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 7 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 636706 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 400540 0 7 0 0 0 7 1037246 0 1037246 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 RIGHT 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. 1886 25519579 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. ATHLETE AWARDS ARE ADDITIONAL AID 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 144190 0 0 0 0 0 0 0 41010 0 185200 0 0 0 BRENDA L MCGEE 144190 0 0 0 0 0 0 0 18193 0 162383 0 0 0 MARK SCHMIDT 306854 0 0 0 0 0 0 0 39401 0 346255 0 0 0 COUNTY OF CATTARAUGUS IDA 237312732 149468ES5 2006-05-04 8000000 DORMITORY RENOVATIONS AND AN ADDITION/RENOVATION TO STUDENT DINING FACILITY 0 0 0 8000000 757871 216051 7242129 2007 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 CHRISTOPHER SPONYOE GRANDSON OF TRUSTEE 15750 INSTITUTIONAL AID EUGENE O'CONNOR SON AND NEPHEW OF TRUSTEES 26924 INSTITUTIONAL AID X 2684 FMV AT TIME OF GIFT X 37 367740 FMV AT TIME OF GIFT 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 FAMILY RELATIONSHIP - EUGENE M. O'CONNOR, ESQ AND VERY REV. JOHN F. O'CONNOR, OFM 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 FINANCE OFFICE OF THE UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,795,819.