2013-01-22T11:08:25-07:00 2012-06-30 990 2011-07-01 060647016 HARTFORD SEMINARY HART 8605099500 77 Sherman Street Hartford CT 06105 Heidi Hadsell 8605099504 2011-12-23 2011 2016-03-07 17:11:31Z Heidi Hadsell 77 Sherman Street Hartford CT 06105 5065996 0 X hartsem.edu X 1833 CT Hartford Seminary prepares students to understand and live in todays multi-faith world. The Seminary provides educational opportunites that enable participants to understand themselves and their faith traditions better and to contribute more fully to a culture of dialogue and creative leadership in their civic and faith communities locally, nationally and abroad. 31 28 103 35 0 0 693249 2223906 1898239 1764064 837790 799896 172480 204524 3601758 4992390 279234 310855 0 0 2850854 2706541 0 0 233158 1717601 1693436 4847689 4710832 -1245931 281558 42573725 42484587 453340 1022016 42120385 41462571 Hartford Seminary prepares students to understand and live in today's multi-faith world. The Seminary provides educational opportunities that enable participants to understand themselves and their faith traditions better and to contribute more fully to a culture of dialogue and creative leadership in their civic and faith communities locally, nationally and abroad. 0 0 2502685 310855 1400523 Student Tuition and fees. Hartford Seminary's degree and certificate programs serve over 400 persons from many religious traditions and geographic areas in Connecticut, as well as nationally and internationally. We offer over 80 courses a year, both credit and non-credit, in religion, theology, and ministrial practice, focusing on the three Abrahamic religions (Christianity, Islam and Judaism). These classes generally meet weekly for two semesters of 15 weeks, or on intensive weekend and weeklong modules in January and June sessions. By offering these courses and academic programs Hartford Seminary hopes to foster interfaith dialogue and the development of effective religious leaders both here and abroad. Our mission is to "serve God by preparing leaders, students, scholars and religious institutions for faithful living in a pluralistic world. Hartford Seminary also offers educational outreach programs. In the 2011-2012 academic year, the Seminary offered two dozen educational outreach programs. Attendance at each event ranged from 12 to 150 people. The objective of the program is to serve core constituencies and reach out to attract new people. 327 new people attended an event for the first time. 485439 0 300899 Research and grants. The Seminary's Hartford Institute for Religion Research produces research and resources that support leadership and congregational development as practical, theological activity. Our research uses the perspectives and methods of the social sciences to study religious leadership and religious organizations and their social/cultural context. Our resources are published both traditionally and online. Our work is externally funded by, typically, multiyear grants. We currently have five major projects. 99210 0 62642 Scholarly journals. The Muslim World is an academic publication on the study of Islam and Christian Muslim relations that comes out four times per year. It is owned and edited by Hartford Seminary, and published by Wiley Blackwell. The annual MW report is issued in the February following the conclusion of the eyar being reported. Thus, the statistics i will cite herein have been taken from the 2011 annual report. The number of libraries with access to the MW increased significantly during 2011. Over 3600 institutions worldwide offered paid access to the latest articles in 2011 via traditional subsriptions and consortia licensing arrangements. The MW seeks wide distribution of its journal to libraries around the world, and as large a readership as possible. 53% of the MW subscriptions are now under license globally compared to 47% in 2010. We engage in no discriminatroy practivces regarding who has access to the MW, nor who is able to submit articles for possible publication. We do offer gratis subscriptions to libraries in developing countries upon their request through philanthropic licensing deals arranged through Wiley-Blackwell. Neither the publishers nor Hartford Seminary, as editor of the MW, deal directly with students in the publication of this Journal, unless they have chosen to submit articles for consideration. All articles, regardless by whom they have been submitted, are sent ot our referred peer editorial review board. The board selects articles on the basis of academic merit and subject suitability alone. Reviews In Religion Theology reviews most recent books in religion and theology and thereby offers an accessible, informed and up to date guide to contemporary developments and publishing in religion and theology, providing a forum in which the latest publications are evaluated and discussed. Hartford Seminary is in charge of editorship of the journal and Wiley Blackwell is in charge of the production, marketing, and distribution. Each year Hartford Seminary, under the editorship of Uriah Y. Kim is responsible for 4 issues and the total annual editroail budget is 664 pages. RRT has 163 institutional subscriptions, and over 2190 institutions worldwide have access to the journal via the Wiley Blackwell sales programs. 221263 0 40646 Miscellaneous expenses 221263 0 40646 3308597 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 245 0 1 103 1 0 0 0 0 0 0 X 31 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Lilyne M Hollingworth 8605099525 77 Sherman Street Hartford CT 06105 Ralph Ahlberg 2 X 0 0 0 Fakhri Al Barzinji 2 X 0 0 0 Fatma Wahdan Antar 2 X 0 0 0 Christel Ford Berry 2 X 0 0 0 Courtney B Bourns 2 X 0 0 0 Herbert Brockman 2 X 0 0 0 Martin L Budd 2 X 0 0 0 William J Cronin 2 X 0 0 0 Wendy B Grammas 2 X 0 0 0 Samuel C Hamilton 2 X 0 0 0 Amy Hines 2 X 0 0 0 Edward G Horstmann 2 X 0 0 0 Stanley C Kemmerer 2 X 0 0 0 Reza Mansoor 2 X 0 0 0 Vanda B McMurtry 2 X 0 0 0 Umar Moghul 2 X 0 0 0 Salahuddin Muhammad 2 X 0 0 0 Sydney Perry 2 X 0 0 0 Trudie J Prior 2 X 0 0 0 Frank R A Resnick 2 X 0 0 0 Nancy Roberts 2 X 0 0 0 James K Robertson 2 X 0 0 0 Amy B Robinson 2 X 0 0 0 Alwi Shihab 2 X 0 0 0 Charles Turner 2 X 0 0 0 Hans Ucko 2 X 0 0 0 Eliot P Williams 2 X 0 0 0 David L Yoder 2 X 0 0 0 Heidi Hadsell 40 X X X X 172606 0 36877 Scott Thumma 35 X 75930 0 9784 Timur R Yuskaev 35 X 55468 0 20414 James Nieman 35 X X 111943 0 14105 415947 0 81180 2 0 1 0 0 0 0 0 0 0 2223906 0 2223906 Programs and Courses 611600 1400523 1400523 0 0 Research and Grants 611600 300899 300899 0 0 Macdonald Center 611600 62642 62642 0 0 1764064 799896 0 0 799896 0 0 0 0 0 0 0 0 237484 0 73606 0 163878 0 163878 0 0 163878 0 0 0 40646 40646 0 0 40646 4992390 1804710 0 963774 0 0 310855 310855 0 0 0 0 346035 115977 177034 53024 0 0 0 0 1907144 1435305 360368 111471 176027 132451 33289 10287 150657 113361 28492 8804 126678 95317 23958 7403 0 0 0 0 2966 0 2966 0 22250 0 22250 0 0 0 0 0 0 0 193507 96753 96754 0 77845 38922 38923 0 78379 44258 34121 0 93603 39122 47919 6562 40796 0 40796 0 0 0 0 0 10360 10360 0 0 31190 18785 9893 2512 0 0 0 0 89839 35486 52111 2242 0 0 0 0 0 0 0 0 210692 139062 61095 10535 82251 907 81344 0 Project grants 282531 282531 0 0 Utilities and maintenance 155310 155310 0 0 Printing, publications and books 100494 86491 915 13088 All other expneses 221423 157344 56849 7230 4710832 3308597 1169077 233158 0 0 1309290 2184756 196825 462786 197745 159658 0 0 0 0 0 30000 30000 158931 208428 8897611 6843788 2161047 2053823 38519887 37385136 42573725 42484587 189448 175362 0 0 263892 846654 0 0 0 0 0 0 0 0 0 0 0 0 453340 1022016 X 6617177 7192233 20117299 17836200 15385909 16434138 42120385 41462571 42573725 42484587 X 281558 -939372 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34916101 1432879 -310380 232086 1794914 119747 33891853 29547249 731331 6948400 216826 1927943 166110 34916101 27348656 118002 3389672 164674 1017290 127117 29547249 41230965 69647 -10531978 172000 3073690 174288 27348656 0.17 0.83 0 1 0 0 348972 348972 2087540 4341170 5365912 1062798 578086 496198 627994 446290 0 1045645 849882 195763 0 0 0 0 2053823 0 0 Vanguard Funds 24331613 F EII Global Reits 1381989 F Loomis Core Bond Fund 2560788 F PIMCO 2575015 F Archstone 1559544 F Lexington Capital 472189 F Commonfund 1010716 F Bank of America 3493282 F 37385136 0 Other Liabilites 0 0 4992390 4710832 281558 -972967 0 0 0 33595 -939372 -657814 3622261 -972967 0 0 33595 -939372 4561633 193507 237250 430757 4992390 4280075 0 0 0 0 0 4280075 193507 237250 430757 4710832 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are invested and the earnings are used to help cover operating expenses SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Semianary is organized as a nonprofit corporation under Section 501c3 of the IRS Code and, as such, is not subject to Federal or state corporate income taxes. The Seminary's Federal information returns prior to fiscal year 2009 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If the Seminary had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the statement of financial position. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of beneficial interests SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Change in value of assets held in trust SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Scholarships 310855 Rental expense -73605 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Schorlarships and rental expense 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The racially nondiscriminatory poliby is on our website and in our catalog and in the local newspaper. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Federal direct loans and workstudy 1 Tuition Aid 155 310855 0 cash N/A SchI_P01_S00_L02 Schedule I, Part I, Line 2 Hartford Seminary provides tuition aid to students by directly crediting their tuition invoice with the amount of the scholarship X X X 0 0 0 0 0 0 0 0 0 Heidi Hadsell 172606 0 0 0 0 0 0 0 0 0 172606 0 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Finance Committee reviews the return at the meeting in late October/ early November. Any concerns are addressed by the comptroller. The draft of the return is then presented to all board members at the November Board meeting and the comptroller answers any questions. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Hartford Seminary requires officers and trustees to complete an annual statement as to any potential confilicts of interest they may have, and management examines these throughout the year to maintain compliance. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 At Hartford Seminary the president, who is the chief executive officer of the corporation, is reviewed by a committee comprised of the chair of the board and the first and second vice chairs (the committee), None of the 3 committee members has a conflict in this matter. The committee meets prior to the review to prepare its observations on the preformance of the president, identify areas for attention in the coming contract period and to arrive at the package of compensation and benefits. In the most recent year, the committee had two such discussions, several email exchanges, and an in person meeting. Regarding compensation, the committee takes into consideration the performance of the president, the overall operating environment of the school and the category of theoloical education. Particularly in these times, the committee considers the financial performance of the school and the effect of the economic environment. Additionally, the committee considers compensation trends in adacemic institutions generally and looks carefully at the report on compensation of peers produced by the accrediting association for theological schools. That Association is the ATS whose membership comprises 250 theological schools in the US and Canada. The ATS publishes the institutional peer profile report which includes compensation levels for CEO's and other senior positions among schools it identifies as peers of Hartford Seminary. While the committee is preparing in its way for the review, the president prepares a self assessment which is distributed to the committee prior to the review. At the review meeting the president and committee review the self assessment and the committee's observations and priorities for the coming period. Finally, the compensation package is presented by the committee and agreed to. Following the meeting, the chair forwards the agreed upon compensation package to the comptroller in writing. The chair also forwards to the president and other committee members a detailed written summary of the review and its conclusions, including the agreed upon compensation package. In the most recent year, the committee conducted a confidential survey of faculty and senior staff in order to obtain feedback on the presidents performance from their points of view. This kind of survey is not intended to be done annually, but will be undertaken from time to time as the committee sees fit. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Hartford Seminary makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net unrealized loss on investments -$939372 Seventy Seven Sherman St Preservation Trust Inc 77 Sherman Street Hartford CT 06105 061501955 Fundraising for building renovations CT 501c3 2 N/A 0 fund for Interfaith Understanding Inc 77 Sherman Street Hartford CT 06105 264389051 Fundraisng CT 501c3 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0