2013-05-15T09:49:36-05:00 2012-06-30 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2011-07-01 010215213 BOWDOIN COLLEGE % MATTHEW P ORLANDO BOWD 2077253804 5400 COLLEGE STATION BRUNSWICK ME 040118445 MATTHEW ORLANDO 2013-05-13 true 8605223200 2013-04-29 2011 2016-02-24 21:20:13Z BARRY MILLS 5400 COLLEGE STATION BRUNSWICK ME 040118445 452425000 false X WWW.BOWDOIN.EDU X 1794 ME FOUR-YEAR PRIVATE UNDERGRADUATE LIBERAL ARTS COLLEGE 46 45 2899 534 -671000 -1759699 28543000 27455000 99633000 103186000 52805000 41362000 0 5000 180981000 172008000 27988000 29651000 0 0 78022000 81385000 81000 66000 5967000 50765000 50926000 156856000 162028000 24125000 9980000 1294173000 1291942000 203029000 213357000 1091144000 1078585000 X *SEE SCHEDULE O* false false 144322000 29651000 103186000 THE ON-CAMPUS STUDENT BODY NUMBERS APPROXIMATELY 1,775. AN ESTIMATED 115 STUDENTS STUDY AWAY ANNUALLY; 93% COMPLETE THE DEGREE WITHIN FIVE YEARS; THE STUDENT/FACULTY RATIO IS 9:1; 99% OF FACULTY HAS A PH.D. OR EQUIVALENT. AS OF JUNE 2012 37,421 STUDENTS HAVE MATRICULATED AT BOWDOIN COLLEGE, AND 29,254 DEGREES IN ACADEMIC PROGRAMS HAVE BEEN AWARDED. 144322000 true true false true false false false true true true true true false false true true true false true true true false true true true false false true true true true false false false false false true true false true true true true false false true true true true false false true 510 0 true 2899 true true true false false false false true true false false false false X 46 45 false false false false false false false true true false false false true true true true true true true false ME X MATTHEW P ORLANDO 2077253804 5400 COLLEGE STATION BRUNSWICK ME 040118445 STEPHEN F GORMLEY 4.0 X X 0 0 0 MICHELE G CYR 4.0 X X 0 0 0 STEWART BAINUM JR 4.0 X 0 0 0 DEBORAH JENSEN BARKER 4.0 X 0 0 0 ARTHUR E BLACK 4.0 X 0 0 0 GREGORY B BOWES 4.0 X 0 0 0 RONALD C BRADY 4.0 X 0 0 0 DAVID G BROWN 4.0 X 0 0 0 WILLIAM E CHAPMAN II 4.0 X 0 0 0 GERALD C CHERTAVIAN 4.0 X 0 0 0 LEONARD W COTTON 4.0 X 0 0 0 JEFF D EMERSON 4.0 X 0 0 0 JOHN A GIBBONS JR 4.0 X 0 0 0 BRADFORD A HUNTER 4.0 X 0 0 0 DENNIS J HUTCHINSON 4.0 X 0 0 0 TASHA VAN DER LINDE IRVING 4.0 X 0 0 0 WILLIAM S JANES 4.0 X 0 0 0 ANN HAMBELTON KENYON 4.0 X 0 0 0 GREGORY E KERR 4.0 X 0 0 0 GEORGE A KHALDUN 4.0 X 0 0 0 MICHAEL P LAZARUS 4.0 X 0 0 0 JAMES W MACALLEN 4.0 X 0 0 0 LISA A MCELANEY 4.0 X 0 0 0 JOHN F MCQUILLAN JR 4.0 X 0 0 0 HENRY TA MONIZ 4.0 X 0 0 0 TAMARA A NIKURADSE 4.0 X 0 0 0 SCOTT B PERPER 4.0 X 0 0 0 KATHLEEN K PHILLIPS 4.0 X 0 0 0 JANE L PINCHIN 4.0 X 0 0 0 ABIGAIL MARR PSYHOGEOS 4.0 X 0 0 0 LINDA HORVITZ ROTH 4.0 X 0 0 0 GEOFFREY CLAFLIN RUSACK 4.0 X 0 0 0 H ALLEN RYAN 4.0 X 0 0 0 JOAN BENOIT SAMUELSON 4.0 X 0 0 0 D ELLEN SHUMAN 4.0 X 0 0 0 PETER M SMALL 4.0 X 0 0 0 JAMES E STALEY 4.0 X 0 0 0 SHELDON M STONE 4.0 X 0 0 0 JOHN J STUDZINSKI 4.0 X 0 0 0 JOHN K THORNDIKE 4.0 X 0 0 0 ALAN R TITUS 4.0 X 0 0 0 KAREN N WALKER 4.0 X 0 0 0 PAULA M WARDYNSKI 4.0 X 0 0 0 DAVID P WHEELER 4.0 X 0 0 0 ROBERT F WHITE 4.0 X 0 0 0 BARRY MILLS 40.0 X X 411027 0 88797 S CATHERINE LONGLEY 40.0 X 251880 0 61623 WILLIAM A TORREY III 40.0 X 466836 0 85475 PAULA VOLENT 40.0 X 819306 0 54380 CRISTLE COLLINS JUDD 40.0 X 218247 0 55152 MITCHEL DAVIS 40.0 X 172529 0 43065 TIMOTHY FOSTER 40.0 X 170987 0 42250 SCOTT MEIKLEJOHN 40.0 X 185931 0 35345 CRAIG MCEWEN 40.0 X 175325 0 34939 PATSY DICKINSON 40.0 X 170393 0 60155 ALLEN WELLS 40.0 X 163290 0 41095 RANDOLPH SHAW 40.0 X 171454 0 55744 MARK WETHLI 40.0 X 163970 0 42744 3541175 0 700764 98 false true false EBSCO PO BOX 830625 BIRMINGHAM AL 35283 LIBRARY RESOURCES 549000 ANTHEM BLUE CROSS BLUE SHIELD 3350 PEACHTREE ROAD NE ATLANTA GA 30326 BENEFIT PLAN ADMIN 533000 LYRASIS PO BOX 116179 ATLANTA GA 303686179 LIBRARY RESOURCES 478000 YBP LIBRARY SERVICES PO BOX 277991 ATLANTA GA 30384 LIBRARY RESOURCES 282000 PENMOR INC 8 LEXINGTON ST LEWISTON ME 04240 PRINTING 270000 40 28000 4000 4711000 22712000 1621000 27455000 TUITION & FEES 611710 78035000 78035000 ROOM & BOARD 611710 19304000 19304000 AUXILIARY ENTERPRISES 611710 5290000 4581000 709000 TRUST INCOME 611710 557000 557000 103186000 7211000 -1380000 8591000 0 8000 8000 0 0 0 0 0 314475000 78000 280328000 74000 34147000 4000 34151000 34151000 12000 4000 15000 -3000 -3000 0 0 0 0 172008000 102477000 -671000 42747000 228000 228000 29313000 29313000 110000 110000 0 3538000 2253000 743000 542000 0 57353000 49838000 4432000 3083000 5800000 5088000 416000 296000 10496000 9202000 767000 527000 4198000 3629000 336000 233000 0 318000 318000 298000 298000 6900 6900 66000 66000 590000 472000 118000 4579000 3845000 632000 102000 80000 53000 27000 4921000 4233000 155000 533000 2548000 1615000 931000 2000 0 5667000 5039000 628000 3748000 3272000 59000 417000 0 555000 418000 19000 118000 6307000 5550000 757000 0 9987000 9388000 599000 661000 568000 93000 PURCHASES FOR RESALE 3984000 3984000 LIBRARY MATERIALS 2278000 2278000 FACILITIES MAINT. & REPAIR 1838000 1728000 110000 EQP RENTAL,MAINT. & REPAIR 996000 861000 126000 9000 1564100 1357000 168100 39000 162028000 144322000 11739000 5967000 0 0 32943000 24104000 16213000 11907000 2554000 2610000 3000 2000 0 0 6454000 5649000 1565000 1607000 2480000 4628000 370959000 126337000 247974000 244622000 65516000 56913000 898219000 921326000 0 0 0 0 20252000 18574000 1294173000 1291942000 14398000 14779000 4208000 4208000 1233000 1315000 137029000 137107000 484000 399000 0 0 15162000 18171000 0 0 30515000 37378000 203029000 213357000 X 166058000 162250000 520998000 502773000 404088000 413562000 1091144000 1078585000 1294173000 1291942000 X 9980000 -22539000 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 6900 6900 LOBBYING ACTIVITIES PART II-B, LINE 1I THE ORGANIZATION PAYS MEMBERSHIP DUES TO ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. X X X X false false true 904215000 15333000 23497000 16543000 21341000 2797000 902364000 753525000 24697000 166150000 16436000 21595000 2126000 904215000 688384000 30940000 73857000 16335000 21151000 2170000 753525000 831460000 36977000 -145580000 13494000 18866000 2113000 688384000 0.07800 0.42100 0.50100 false false 4253000 4253000 321254000 91715000 229539000 415000 207000 208000 29450000 26123000 3327000 15587000 8292000 7295000 244622000 EQUITIES 171886000 F FIXED INCOME 3949000 F ABSOLUTE RETURN 372969000 F BUYOUTS/DISTRESSED 135403000 F VENTURE CAPITAL 135518000 F REAL ESTATE 83974000 F NATURAL RESOURCES 17627000 F 921326000 0 LIABILITY: POST-RETIREMENT BEN 14281000 ASSET RETIREMENT OBLIGATION 1280000 INCOME AND OUTSIDE INVESTMENT 13715000 FAIR VALUE OF INTEREST RATE SW 8102000 37378000 172008000 162028000 9980000 -15938000 -6601000 -22539000 -12559000 146723000 -15938000 -6601000 -22539000 169262000 2761000 -15000 2746000 172008000 159282000 15000 15000 159267000 2761000 2761000 162028000 ORGANIZATIONS MAINTAINING COLLECTIONS PART III, LINE 1A THE COLLEGE DOES NOT CAPITALIZE COLLECTIONS, PRIMARILY ART OBJECTS, AS THEY ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FINANCIAL GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTION. ORGANIZATION'S COLLECTIONS PART III, LINE 4 COLLEGE COLLECTIONS ARE PRIMARILY ART OBJECTS HELD FOR PUBLIC EXHIBITION AND EDUCATION. CUSTODIAL ACCOUNTS PART IV, LINE 2B THE COLLEGE SERVES AS THE AGENT INSTITUTION FOR THE INTERCOLLEGIATE SRI LANKA EDUCATION PROGRAM: $377,000; SECURITY DEPOSITS ON RENTAL PROPERTIES: $22,000 ENDOWMENT FUNDS PART V, LINE 4 THE COLLEGE'S ENDOWMENT IS INVESTED WITH THE INTENT OF BALANCING THE GOALS OF GENERATING A STEADY STABLE STREAM OF FUNDS TO SUPPORT THE CURRENT OPERATIONS OF THE COLLEGE WHILE PRESERVING THE PURCHASING POWER OF THE ENDOWMENT TO SUPPORT PROGRAMS AND INITIATIVES OF FUTURE GENERATIONS OF BOWDOIN STUDENTS. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS PART X, LINE 2 THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO THE CODE. THE COLLEGE ASSESSES UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. OTHER CHANGES IN NET ASSETS PART XI, LINE 8 NET UNREALIZED LOSS ON INTEREST RATE SWAP ($4,176,000) POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC COST ($1,806,000) NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS ($619,000) TOTAL ($6,601,000) OTHER REVENUE IN FINANCIAL STATEMENTS, NOT ON FORM 990 PART XII, LINE 2D NET UNREALIZED LOSS ON INTEREST RATE SWAP ($4,176,000) POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC COST ($1,806,000) NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS ($619,000) TOTAL ($6,601,000) OTHER REVENUE IN 990, NOT ON FINANCIAL STATEMENTS PART XII, LINE 4B DIRECT EXPENSES FOR GOLF FUNDRAISING EVENT ($15,000) OTHER EXPENSES IN FINANCIAL STATEMENTS, NOT ON FORM 990 PART XIII, LINE 2D DIRECT EXPENSES FOR GOLF FUNDRAISING EVENT $15,000 true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY PART I, LINE 3 THE COLLEGE CATALOGUE CONTAINS A STATEMENT OF BOWDOIN COLLEGE'S RACIAL NON-DISCRIMINATION POLICY. THE CATALOGUE IS PUBLISHED ON-LINE AT THE COLLEGE'S WEBSITE - WWW.BOWDOIN.EDU/CATALOGUE. EXPLANATION OF GOVERNMENT FINANCIAL AID PART I, LINE 6A THE COLLEGE RECEIVES AID FROM THE FEDERAL GOVERNMENT IN THE FORM OF STUDENT FINANCIAL AID. true East Asia and the Pacific 0 0 Grantmaking 9000 Europe (Including Iceland and Greenland) 0 0 Grantmaking 83000 North America 0 0 Grantmaking 7000 Sub-Saharan Africa 0 0 Grantmaking 11000 Central America and the Caribbean 0 0 Investments 410914000 Europe (Including Iceland and Greenland) 0 0 Investments 8062000 Sub-Saharan Africa 0 0 Investments 9505000 Europe (Including Iceland and Greenland) 0 0 Fundraising 11000 Europe (Including Iceland and Greenland) 0 0 Program Services ART OBJECTS 18000 Europe (Including Iceland and Greenland) 0 0 Program Services SEE PART V 66000 Europe (Including Iceland and Greenland) 0 0 Program Services LIBRARY MATERIALS 2000 Europe (Including Iceland and Greenland) 0 0 Program Services STUDENT RECRUITMENT 2000 North America 0 0 Program Services SEE PART V 81000 North America 0 0 Program Services LIBRARY MATERIALS 1000 North America 1 1 Program Services SCIENTIFIC STATION 46000 North America 0 0 Program Services STUDENT RECRUITMENT 1000 East Asia and the Pacific 0 0 Program Services SEE PART V 15000 Russia and the Newly Independent States 0 0 Program Services SEE PART V 9000 South America 0 0 Program Services SEE PART V 2000 Sub-Saharan Africa 0 0 Program Services SEE PART V 1000 1 1 0 0 1 1 428834000 12000 428846000 FINANCIAL AID East Asia/Pacific 1 9000 WIRE TRANSF. FINANCIAL AID Europe/Iceland/Greenland 8 83000 WIRE TRANSF. FINANCIAL AID North America 1 7000 WIRE TRANSF. FINANCIAL AID Sub-Saharan Africa 3 11000 WIRE TRANSF. true false true true true false MONITOR THE USE OF GRANT FUNDS PART I, LINE 2 ELIGIBILITY FOR BOWDOIN GRANT ASSISTANCE IS "NEED BASED," DETERMINED THROUGH ANALYSIS OF INCOME, ASSET AND TAX INFORMATION SUBMITTED ON THE COLLEGE SCHOLARSHIP SERVICE/FINANCIAL AID PROFILE, FEDERAL FASFA AND FEDERAL INCOME TAX RETURNS. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE COLLEGE DOES NOT OFFER MERIT BASED SCHOLARSHIPS. THE COLLEGE MAINTAINS A FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH ESTABLISHED POLICIES AND PROCEDURES. FUNDS ARE TRACKED SEPARATELY IN THE ORGANIZATION'S BOOKS AND RECORDS. PROGRAM SERVICE ACTIVITIES PART I, LINE 3 PROGRAM SERVICE ACTIVITY #10, 13, 17, AND SCHEDULE F, PART I PAGE 2 PROGRAM SERVICE ACTIVITY #1, 2, 3 - FACULTY AND STAFF PROFESSIONAL DEVELOPMENT, RESEARCH, AND RELATED TRAVEL. X X X true KENNETH P HORSBURGH JR SEE PART IV false 0 66000 0 0 66000 0 ME GOLF TOURNEY 16000 4000 12000 1000 7000 5000 2000 0 16000 4000 12000 1000 7000 5000 2000 15000 -3000 FUNDRAISING SERVICES PART I, LINE 2B, COLUMN (II) KENNETH P. HORSBURGH, JR. FUNDRAISING ACTIVITY: PROSPECT DEVELOPMENT, PROSPECT MANAGEMENT AND INDIVIDUAL PROSPECT SOLICITATION. PART I, LINE 2B, COLUMN (V) KENNETH HORSBURGH RECEIVES REIMBURSEMENT FOR OUT OF POCKET EXPENSES. THE TOTAL REPORTED IN COLUMN (V) INCLUDES PAYMENT FOR CONTRACTED SERVICES AND REIMBURSEMENT FOR OUT OF POCKET EXPENSES. true TOWN OF BRUNSWICK 28 FEDERAL ST BRUNSWICK ME 04011 999999999 GOV'T 123000 CONTRIBUTION UNITED WAY OF MID COAST ME 34 WING FARM BATH ME 04530 016004866 501(C)(3) 15000 CONTRIBUTION PINE GROVE CEMETERY 3 BEECH DR BRUNSWICK ME 04011 010140283 9700 CONTRIBUTION BRUNSWICK DOWNTOWN ASSOCIATION PO BOX 15 BRUNSWICK ME 04011 753131242 501(C)(3) 10000 CONTRIBUTION COASTAL TRANSPORTATION 46 SUMMER ST ROCKLAND ME 04841 222571406 501(C)(3) 10000 CONTRIBUTION TOWN OF HARPSWELL PO BOX 39 HARPSWELL ME 04079 999999999 GOV'T 8800 CONTRIBUTION 5 1 FINANCIAL AID FOR UNDERGRADUATE STUDENTS 817 27647000 STUDENT RESEARCH FELLOWSHIPS 404 1094000 GRAD. STUDENT FINANCIAL AID & POST GRAD. AWARDS 71 425000 ACADEMIC ACHIEVEMENT & OTHER STUDENT AWARDS 206 147000 MONITOR THE USE OF GRANT FUNDS PART I, LINE 2 GRANTS TO ORGANIZATIONS IN THE U.S. THE ALLOCATION OF GRANTS AND OTHER ASSISTANCE TO LOCAL ORGANIZATIONS AND MUNICIPALITIES IS DETERMINED ON AN ANNUAL BASIS BY THE SENIOR VICE PRESIDENT OF DEVELOPMENT AND ALUMNI RELATIONS AND SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION & TREASURER. GRANTS TO INDIVIDUALS IN THE U.S. ELIGIBILITY FOR BOWDOIN GRANT ASSISTANCE IS "NEED BASED," DETERMINED THROUGH ANALYSIS OF INCOME, ASSET AND TAX INFORMATION SUBMITTED ON THE COLLEGE SCHOLARSHIP SERVICE/FINANCIAL AID PROFILE, FEDERAL FAFSA AND FEDERAL INCOME TAX RETURNS. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE COLLEGE DOES NOT OFFER MERIT BASED SCHOLARSHIPS. THE COLLEGE MAINTAINS A FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH ESTABLISHED POLICIES AND PROCEDURES. X X X true true X X X true false false false false false false true false BARRY MILLS 398463 0 0 0 12564 0 39121 0 49676 0 499824 0 0 0 S CATHERINE LONGLEY 248184 0 0 0 3696 0 38515 0 23108 0 313503 0 0 0 WILLIAM A TORREY III 247384 0 50000 0 169452 0 55183 0 30292 0 552311 0 0 0 PAULA VOLENT 515179 0 300000 0 4127 0 37498 0 16882 0 873686 0 0 0 CRISTLE COLLINS JUDD 216217 0 0 0 2030 0 31743 0 23409 0 273399 0 0 0 MITCHEL DAVIS 171002 0 0 0 1527 0 25997 0 17068 0 215594 0 0 0 TIMOTHY FOSTER 170448 0 0 0 539 0 22719 0 19531 0 213237 0 0 0 SCOTT MEIKLEJOHN 178931 0 0 0 7000 0 26785 0 8560 0 221276 0 0 0 CRAIG MCEWEN 172722 0 0 0 2603 0 25903 0 9036 0 210264 0 0 0 PATSY DICKINSON 168342 0 0 0 2051 0 25924 0 34231 0 230548 0 0 0 ALLEN WELLS 160888 0 0 0 2402 0 24383 0 16712 0 204385 0 0 0 RANDOLPH SHAW 169882 0 0 0 1572 0 26560 0 29184 0 227198 0 0 0 MARK WETHLI 160735 0 0 0 3235 0 22629 0 20115 0 206714 0 0 0 BENEFITS PART I, LINE 1A AIR TRAVEL: ACCORDING TO COLLEGE POLICY, AIR TRAVEL IS GENERALLY REIMBURSED FOR COACH FARE ONLY. IN SPECIAL CASES INVOLVING LONG-DISTANCE TRAVEL, PREMIUM FARES ARE AN APPROPRIATE, REIMBURSABLE EXPENSE. THE TYPES OF INDIVIDUALS WOULD BE ANY EMPLOYEE (INCLUDING OFFICERS AND KEY EMPLOYEES) ON AN OVERNIGHT FLIGHT EXCEEDING 5 HOURS AND OTHER FLIGHTS EXCEEDING 7 HOURS. THE BENEFIT IS NOT INCLUDED IN TAXABLE COMPENSATION. GROSS-UP PAYMENTS: THE COLLEGE'S HEALTH PLAN OFFERS COVERAGE TO DOMESTIC PARTNERS OF EMPLOYEES. FEDERAL LAW PRECLUDES EMPLOYEES FROM PAYING FOR A DOMESTIC PARTNER'S INSURANCE WITH PRE-TAX DOLLARS. IN ADDITION, THE COLLEGE PORTION OF HEALTH INSURANCE PAYMENTS FOR THE DOMESTIC PARTNER IS TAXED AS IMPUTED INCOME TO THE EMPLOYEE. THE COLLEGE GROSSES UP EMPLOYEES OPTING FOR DOMESTIC PARTNER COVERAGE. HOUSING ALLOWANCE: THE COLLEGE REQUIRES THE PRESIDENT TO LIVE ON CAMPUS IN COLLEGE-PROVIDED HOUSING. THE VALUE OF THE BENEFIT IS INCLUDED IN PART II, COLUMN D FOR BARRY MILLS. SEVERANCE OR CHANGE OF CONTROL PAYMENTS PART I, LINE 4A WILLIAM TORREY RECEIVED SUPPLEMENTAL WAGES IN THE AMOUNT OF $162,308. NON-FIXED PAYMENTS PART I, LINE 7 A KEY EMPLOYEE IN THE INVESTMENT OFFICE HAS AN INCENTIVE PERFORMANCE-RELATED BONUS BASED IN PART ON THE INVESTMENT PERFORMANCE OF THE BOWDOIN COLLEGE ENDOWMENT. COMPENSATION PART II A PORTION OF THE COMPENSATION AMOUNT REPORTED FOR PATSY DICKINSON IS ATTRIBUTABLE TO SUPPLEMENTAL SALARY EARNED ON EXTERNALLY FUNDED RESEARCH AWARDS. MAINE HHEFA 010314384 560425W30 2008-03-24 20700000 REFUND S2007 ISSUE 06/06/07 false false false MAINE HHEFA 010314384 5604253P3 2009-05-14 97207250 REFUNDING/CONSTRUCTION-SEE PART V false false false 0 0 20700000 0 0 20500000 200000 0 0 0 0 0 2009 true false true true 0 0 97207250 0 463166 92368655 875830 0 0 3499599 0 0 2012 true true true true false true false false 0.00010 0.00160 0.00170 true false true false false 0.00610 0.00400 0.01010 true false true false 0 false 0 false false false false false 0 false 0 false false X SEE SCHEDULE O 0 SEE PART V X 868 434 false false true SEE PART V X 3361 1394 false false true 1828 NA N/A 5026 SCHOLARSHIP MAINE EMPLOYERS MUTUAL INSURANCE BOARD MEMBER - C. LONGLEY 330818 BOARD MEMBER AT ME EMPLOYERS false UNITED EDUCATORS BOARD MEMBER - C. LONGLEY 240744 BOARD MEMBER AT UNITED EDUC. false PAMELA TORREY KEY EMPLOYEE - W. TORREY 175000 COLLEGE EMPLOYEE FAMILY MEMBER false LOANS TO INTERESTED PERSONS PART II THE COLLEGE OFFERS A LOAN PROGRAM TO REGULAR FULL-TIME AND PART-TIME EMPLOYEES FOR UP TO 95% OF THE COST OF COMPUTER EQUIPMENT PURCHASED FOR PERSONAL USE. ALL EMPLOYEES MUST BE PRE-APPROVED FOR A COMPUTER LOAN BY THE HUMAN RESOURCES DEPARTMENT. MONTHLY LOAN REPAYMENTS ARE MADE OVER A MAXIMUM LOAN PERIOD OF THREE YEARS. NAMES OF INTERESTED PERSON ARE AVAILABLE UPON IRS REQUEST LINE (1)(A): KEY EMPLOYEE LINE (2)(A): KEY EMPLOYEE BUSINESS TRANSACTIONS WITH INTERESTED PERSONS, PART IV RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION LINE (1)(B): AN ENTITY OF WHICH S. CATHERINE LONGLEY OF BOWDOIN COLLEGE SERVES AS A BOARD MEMBER. LINE (2)(B): AN ENTITY OF WHICH S. CATHERINE LONGLEY OF BOWDOIN COLLEGE SERVES AS AN ADVISORY BOARD MEMBER. LINE (3)(B): FAMILY MEMBER OF KEY EMPLOYEE. DESCRIPTION OF TRANSACTION LINE (1)(D): S. CATHERINE LONGLEY IS A BOARD MEMBER OF AN INSURANCE COMPANY TO WHICH BOWDOIN PAID PREMIUMS. LINE (2)(D): S. CATHERINE LONGLEY IS AN ADVISORY BOARD MEMBER OF AN INSURANCE COMPANY TO WHICH BOWDOIN PAID PREMIUMS. LINE (3)(D): PAMELA TORREY IS EMPLOYED BY THE COLLEGE. HER COMPENSATION IS SET BY THE PRESIDENT. X 3574 0 X 0 X 106 1621000 SEE PART II X MUSICAL INSTRUMENT 2 0 0 X EQUIPMENT 3 0 0 16 false true false CONTRIBUTIONS PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. NON-CASH CONTRIBUTIONS PART I, LINE 9 96 OUTRIGHT GIFTS OF PUBLICLY TRADED SECURITIES WERE VALUED AT FAIR MARKET VALUE. 10 PLANNED GIFTS WERE VALUED AT NET PRESENT VALUE. ART - WORKS OF ART PART I, LINE 33 THE COLLEGE DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OF ART OBJECTS OR BOOKS AND PUBLICATIONS. ORGANIZATION'S MISSION CORE FORM 990, PART III, LINE 1 IT IS THE MISSION OF THE COLLEGE TO ENGAGE STUDENTS OF UNCOMMON PROMISE IN AN INTENSE FULL-TIME EDUCATION OF THEIR MINDS, EXPLORATION OF THEIR CREATIVE FACULTIES, AND DEVELOPMENT OF THEIR SOCIAL AND LEADERSHIP ABILITIES IN A FOUR-YEAR COURSE OF STUDY AND RESIDENCE THAT CONCLUDES WITH A BACCALAUREATE DEGREE IN THE LIBERAL ARTS. FORM 990 REVIEW PROCESS CORE FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY BOWDOIN OFFICERS. FOLLOWING THESE REVIEWS, A PUBLIC DISCLOSURE COPY OF THE FINAL DRAFT FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES. PRIOR TO FILING, A COPY OF THE FINAL DRAFT SCHEDULE B IS PROVIDED TO THE CHAIRMAN OF THE BOARD, THE CHAIR OF THE AUDIT COMMITTEE AND THE CHAIR OF THE DEVELOPMENT COMMITTEE. A COPY OF SCHEDULE B IS ALSO MADE AVAILABLE TO ALL BOARD MEMBERS AT A REGULARLY SCHEDULED MEETING OF THE BOARD OF TRUSTEES PRIOR TO FILING. CONFLICT OF INTEREST POLICY CORE FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE SURVEYS ANNUALLY ALL MEMBERS OF THE BOARD, ALL OFFICERS OF INSTRUCTION, AND ALL OFFICERS OF ADMINISTRATION AS TO POTENTIAL CONFLICTS OF INTEREST. THE RESULTS OF THE SURVEY ARE REPORTED TO THE AUDIT COMMITTEE AND TO THE BOARD OF TRUSTEES. APPROPRIATE ACTIONS ARE TAKEN WHERE REQUIRED. COMPENSATION POLICY CORE FORM 990, PART VI, SECTION B, LINE 15 IN ACCORDANCE WITH TREASURY REGULATION 53.4958-6 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ACTING AS A COMPENSATION COMMITTEE, ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND SENIOR MANAGEMENT OFFICIALS. IN ALL CASES, THE EXECUTIVE COMMITTEE CONSIDERS COMPENSATION SURVEYS AND COMPETITIVE MARKET DATA. FOR SENIOR MANAGEMENT, THE PRESIDENT PROVIDES THE EXECUTIVE COMMITTEE WITH RECOMMENDED CHANGES TO COMPENSATION LEVELS. THE EXECUTIVE COMMITTEE DOCUMENTS SUCH DECISIONS IN ITS MINUTES WHERE APPROPRIATE. PUBLIC DISCLOSURE CORE FORM 990, PART VI, SECTION B, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES IN NET ASSETS CORE FORM 990, PART XI, LINE 5 NET UNREALIZED LOSS ON INVESTMENTS ($15,938,000) NET UNREALIZED LOSS ON INTEREST RATE SWAP ($4,176,000) POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC COST ($1,806,000) NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS ($619,000) TOTAL ($22,539,000) TAX-EXEMPT BONDS SCHEDULE K DESCRIPTION OF PURPOSE, PART I, LINE B, COLUMN F: REFUND PRIOR BOND ISSUES 1995B ISSUED 7/25/95, 1998A ISSUED 3/18/98, 1998C ISSUED 11/19/98, 2001C ISSUED 5/15/01, 2003B ISSUED 7/24/04, 2005A ISSUED 8/17/05, 2006B ISSUED 4/6/06 POLAR BEAR INVESTMENTS LLC 5400 COLLEGE STATION BRUNSWICK ME 04011 043375078 INVESTMENTS ME -608621 61047430 NA BOWDOIN COLLEGE TRUST JP MORGAN CHASE BANK CHICAGO IL 606062300 136098631 INVESTING ME 501(c)(3) III-O NA true EL TRUST BNY MELLON NA - PO BOX 185 PITTSBURGH PA 152300185 046093554 INVESTING PA 4947(a)(1) PF NA true JFP CHARITABLE TRUST PO BOX 1802 PROVIDENCE RI 029011802 056007859 INVESTING RI 501(c)(3) PF NA true AW TRUST PO BOX 1802 PROVIDENCE RI 029011802 046024611 INVESTING MA 4947(a)(1) PF NA true TP PARTNERSHIP PO BOX 770 ASHLAND KY 41105 550648835 INVESTING KY NA EXCLUDED 512,513,514 7 112506 false 0 true 0.56000 CHARITABLE REMAINDER TRUSTS INVESTING NA TRUST false false false false false false false false false false false false false false false false false true BOWDOIN COLLEGE TRUST R 114583 FMV EL TRUST R 210000 FMV JFP CHARITABLE TRUST R 80155 FMV A W TRUST R 64665 FMV CHARITABLE REMAINDER TRUSTS DOMICILED PART IV THERE ARE 5 TRUSTS REPORTED IN PART IV. THEY ARE DOMICILED IN MAINE, CONNECTICUT, AND MASSACHUSETTS.