2012-05-11T14:35:30-07:00 2011-06-30 990 2010-07-01 520591613 GOUCHER COLLEGE GOUC 4103376000 1021 Dulaney Valley Road Baltimore MD 21204 W Thomas Phizacklea 4103376000 2012-05-11 2010 2016-02-24 21:20:13Z Sanford J Ungar 1021 Dulaney Valley Road Baltimore MD 21204 113836460 0 X www.goucher.edu X 1885 MD Goucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. 44 43 1835 1000 430112 -459244 12035615 9210364 63521974 67107340 2987788 4374971 2009866 1925214 80555243 82617889 19374572 20729218 0 0 36100262 37456951 0 0 2875077 25408116 28033333 80882950 86219502 -327707 -3601613 327219000 357233000 106289000 102875000 220930000 254358000 Goucher College is dedicated to a liberal arts education that prepares students within a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. 0 0 63364121 20146921 60546957 The college provided an undergraduate Arts and Sciences education to 1,479 students. 5011429 563878 5555667 The college provided a graduate education to 820 students. 504123 18420 599195 The college provided credit and non-credit continuing studies course work for 510 participants. 788402 0 405521 The college provided summer educational experiences for 1,887 participants. 788402 0 405521 69668075 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 0 1 308 0 1 1835 1 1 1 1 BD 0 0 0 1 1 0 0 0 0 X 44 43 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Ronald Alex Antkowiak 4103376060 1021 Dulaney Valley Road Baltimore MD 21204 Kimara Leigh Ahnert - Class of 91 1 X 0 0 0 Bruce D Alexander 0 X 0 0 0 Joe N Ballard 2 X 0 0 0 Patricia Kay Batza -Class of 91 8.0 X 0 0 0 David I Bavar 1 X 0 0 0 Jeanne V Beekhuis - Class of 49 0 X 0 0 0 Ethel Weber Berney - Class of 46 1 X 0 0 0 John M Bond Jr 8 X 0 0 0 Winifred Cohn Borden-Class of 66 1 X 0 0 0 Edward F Brennan-Class of 07 Parent 2 X 0 0 0 Robert Lee Bull Jr-Class of 93 1 X 0 0 0 Melinda J Burdette-Class of 72 1 X 0 0 0 Suzanne Fineman Cohen-Class of 56 1 X 0 0 0 William Couper-Class of 03 Parent 1 X 0 0 0 Pierce B Dunn 3 X 0 0 0 Janet T Farrell-Class of 73 1.00 X 0 0 0 Lynn Toby Fisher-Class of 71 3.0 X 0 0 0 Hilda E Ford 0 X 0 0 0 Norma Lynn Fox-Class of 76 3 X 0 0 0 Elaine K Freeman 1 X 0 0 0 Ronald E Geesey 1.00 X 0 0 0 Monica McTeague Gillespie 1 X 0 0 0 Ann Burgunder Greif-Class of 39 0 X 0 0 0 Alice Falvey Greif-Class of 51 1 X 0 0 0 Edmund F Haile 1 X 0 0 0 Carla Diane Hayden 1 X 0 0 0 Katherine E Healy 1 X 0 0 0 Sally M Herman-Class of 68 3.0 X 0 0 0 Ellen Lipton Hollander-Class of 71 1 X 0 0 0 Fern Karesh Hurst-Class of 68 1 X 0 0 0 Miriam Brown Hutchins-Class of 73 1 X 0 0 0 Mary Bloom Hyman-Class of 71 1 X 0 0 0 Miriam E Katowitz-Class of 73 2.00 X 0 0 0 Elizabeth K Knight-Class of 09 1 X 0 0 0 Dorothy B Krug-Class of 41 1 X 0 0 0 Florence Beck Kurdle-Class of 61 16 X 0 0 0 Ruth Shapiro Lenrow-Class of 74 1 X 0 0 0 David Richard Loevner 1 X 0 0 0 Nancy Helen Marcus-Class of 72 1 X 0 0 0 Sally J Michel-Class of 60 2.00 X 0 0 0 Michiko Yoshida Mitarai-Class of 66 1 X 0 0 0 Percy Thomas Moore-Class of 95 0.00 X 0 0 0 Thomas O Nuttle 1 X 0 0 0 William E Pugh II-Class of 94 1 X 0 0 0 Anica Donnan Rawnsley-Class of 51 0.00 X 0 0 0 Russell R Reno Jr 1 X 0 0 0 Maria Amelia Rodriguez-Class of 49 1 X 0 0 0 Henry A Rosenberg Jr 2 X 0 0 0 Mary Katherine S Scheeler-Classof49 1 X 0 0 0 Robin Fogel Shaivitz-Class of 72 1 X 0 0 0 SaraKay Sherman Smullens-Classof62 3.00 X 0 0 0 Stephen Richard Speicher-Classof10 1 X 0 0 0 J Richard Thomas Sr 0 X 0 0 0 George E Thomsen 2 X 0 0 0 Marlene Trestman-Class of 78 2.0 X 0 0 0 Barbara Elise Van Winkle-Classof76 1 X 0 0 0 Theodore Venetoulis 1 X 0 0 0 Marilyn Southard Warshawsky-Class68 8 X 0 0 0 Toby Wertheim-Class of 68 2.00 X 0 0 0 Margaret Messler Winslow-Classof69 3.00 X 0 0 0 Margaret Wood-Class of 08 1 X 0 0 0 Toni Perlman Young-Class of 67 1 X 0 0 0 Sanford J Ungar 40 X 332698 0 0 W Thomas Phizacklea 40 X 173618 0 0 Marc Roy 40 X 181493 0 0 Lajerne Cornish 40 X 151332 0 0 Gail Edmonds 40 X 135791 0 0 Janet Mulderrig 40 X 163156 0 0 William Leimbach 40 X 149669 0 0 Leleng To Isaacs 40 X 229048 0 0 1516805 0 0 36 0 1 0 The Whiting-Turner Contracting Company 14900 Conference Center Drive Chantilly VA 20151 General contracting services 3992888 Bon Appetit Management Co 1021 Dulaney Valley Road Baltimore MD 21204 Food service provider 3989574 Benefit Design Group LLC 600 Washington Avenue Towson MD 21204 Architectural Services 3250878 Ziger Snead LLP 1006 Morton Street Baltimore MD 21201 Architectural services 919043 QM Services Inc 5 E Main Street Floor 1 Mechanicsburg PA 17055 Insurance products and services 248916 23 0 0 0 0 2190310 7020054 1487081 9210364 Undergraduate tuition, room and board 611310 60546957 60546957 0 0 Graduate tuition, room and board 611310 5555667 5555667 0 0 Continuing professional education 611310 599195 599195 0 0 Summer school programs 611310 405521 405521 0 0 0 0 0 0 67107340 227452 0 0 227452 0 0 0 0 0 0 0 0 0 0 31105017 4261073 27345618 3872953 3759399 388120 4147519 0 0 4147519 0 1925214 64628 430112 1430474 1925214 82617889 67171968 430112 5805445 0 0 20729218 20729218 0 0 0 0 1294543 368160 624546 301837 0 0 0 0 29313587 22036221 5937019 1340347 761542 556439 164144 40959 4017510 3032709 803493 181308 2069769 1555930 419200 94639 0 0 0 0 74301 0 74301 0 102500 0 102500 0 14447 14447 0 748000 748000 1369895 929570 278773 161552 450950 289884 100829 60237 2929341 2054796 757942 116603 992341 80774 906719 4848 0 0 0 0 3812546 2744622 1067924 0 1759492 1600250 25566 133676 0 0 0 0 421588 394919 9813 16856 3788364 3788364 0 0 0 0 0 0 6832148 5465719 1024822 341607 362959 0 362959 0 Food 417267 302353 51692 63222 Dues and subscriptions 296180 101701 177093 17386 Food Service Costs 3634108 3634108 0 0 Staff development 26906 2338 24568 0 86219502 69668075 13676350 2875077 8433000 6289000 0 0 3409000 3232000 2221000 2691000 2728000 2563000 905000 915000 201040000 68780000 134558000 132260000 124453000 146271000 40089000 51685000 2357000 2365000 8066000 8962000 327219000 357233000 5812000 6615000 3611000 3572000 82057000 78934000 14809000 13754000 106289000 102875000 X 79003000 92593000 66367000 84750000 75560000 77015000 220930000 254358000 327219000 357233000 X -3601613 37029613 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 2243 0 1 12204 14447 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The organization paid membership dues of $6,303 to the National Association of Independent Colleges and Universities (NAICU) and $61,911 to the Maryland Independent Colleges and Universities Association (MICUA), both of which engage in lobbying activity. NAICU set aside 7% of the dues paid to engage in nondeductible lobbying and political expenditures. MICUA set aside nineteen percent of the dues paid to engage in nondeductible lobbying and political expenditures. Accordingly, the college has reported an amount equal to 7 percent of the NAICU dues and 19 percent of the MICUA dues paid on line 1i. 0 0 X X X X X Education 0 158375000 2071000 38229000 3410000 6929000 0 188336000 149443000 3471000 15739000 3241000 7037000 0 158375000 201483000 3165000 -45127000 3061439 7016561 0 149443000 0.22 0.78 0 1 0 0 10325000 10325000 0 159490000 47566000 111924000 0 0 0 0 0 29406000 21214000 8192000 0 1819000 0 1819000 132260000 22073000 F 29612000 F 51685000 Deposits with bond trustee 2365000 F 2365000 Split interest agreements 8962000 8962000 0 Other long term liabilities 1174000 Refundable advances from the US government 2364000 Payables and deferred revenues under split interest agreements 1212000 Asset retirement obligation 2464000 Obligation under interest rate swap agreement 6540000 13754000 82617889 86219502 -3601613 35734840 0 0 0 1294773 37029613 33428000 68262000 0 0 0 10218305 10218305 58043695 0 24574194 24574194 82617889 65045000 0 0 0 173 173 65044827 748000 20426675 21174675 86219502 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The college did not disclose its collection and related policies in the financial statements. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The Goucher College art collection comprises works of fine art and decorative art, including two-dimensional and three-dimensional art objects and miscellaneous objects of value, which are owned by the college and are housed in buildings or on the campus grounds of Goucher College, or are loaned by the college to other institutions. The collection includes sculptures, prints, photographs, drawings, paintings, and other artistic objects. The collection is used for scholarly research, education, and public exhibition in the furtherance of the exempt purposes of the college. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The endowment of Goucher College generates income to support the college both generally and in specific ways designated by our generous donors. Income, allocated across approximately 700 endowment funds, supports both merit and need-based scholarships of undergraduate and graduate students; undergraduate and graduate fellowships; undergraduate and graduate internships; lectureships; the library; as well as the college's general operating budget. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The college is qualified as a not-for-profit organization under Section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, the college is not subject to income taxes except to the extent it has taxable income from activities that are not related to its exempt purpose. No provision for income taxes was required for fiscal 2011 or 2010. Management has analyzed the tax positions taken by the college, and has concluded that as of June 30, 2011 and 2010, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the financial statements. The college is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 $1,295,103 of other increases in net assets was attributable to a decrease in the value of the interest rate swap agreement less a financial statement rounding adjustment of $330. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Endowment assets appropriated for expenditures of $10,339,000, less $120,695 of interest income from trusts reported in Part VIII of the return, is not included in the tax return - it is a component of unrealized and realized gains on endowment assets. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Revenues per the audited financial statements were increased for the grants and scholarships reported in Part X of the Form 990 ($20,426,675) and for realized gains on investments ($4,147,519) reported in the audited statements in the other line item as a part of net realized and unrealized gains on investments, net of amounts appropriated for expenditure. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Financial statement rounding SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b $20,426,675 of tuition discount reported as a contra-revenue in the audited financial statements was moved to the statement of functional expenses. 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 policy is published in the college's academic catalogue, student handbook, and on the website. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The college participates in the following federal programs which provide financial aid to undergraduate and graduate students: Pell Grant Program, Supplemental Educational Opportunity (SEOG) Program, Federal Work Study Program, National Science and Math Access to Retain Talent Grant Program, Academic Competitive Grant Program, and the Perkins Loan Program. The college also receives grants from the Maryland State Department of Education, Maryland Higher Education Commission, and the Maryland Department of General Services. In addition, the college was awarded sponsored research and other project grants by the U.S. Department of Justice, the U.S. Department of Housing and Urban Development, the National Science Foundation, National Institutes of Health, NASA, and the U.S. Department of Education. Central America and the Caribbean 0 0 Program Services Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. 37908 East Asia and the Pacific 0 0 Program Services Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. 181999 Europe (including Iceland and Greenland) 0 0 Program Services Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. 530396 South America 0 0 Program Services Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. 14726 Sub-Saharan Africa 0 0 Program Services Tuition, room, board, and programming expenses for undergraduate students and staff studying abroad. 7113 Central America and the Caribbean 0 0 Investments 13047000 0 0 13819142 1 0 1 1 1 0 SchF_P04_S00_L01 Schedule F, Part IV, Line 1 Although the college, through its investment in various alternative asset strategies, has transferred property to a foreign company during the tax year, the amount transferred to a single foreign company or percentage owned was below reporting requirements. As such, the college was not required to file Form 926. SchF_P04_S00_L03 Schedule F, Part IV, Line 3 Although the college, through its investment in various alternative asset strategies, has interests in foreign corporations, the college's interest in any single foreign corporation was less than a 10 percent interest. As such, the college is not required to file Form 5471. SchF_P04_S00_L04 Schedule F, Part IV, Line 4 The college, by virtue of its investment in certain alternative investment strategies and common collective trusts, was a direct or indirect shareholder of a passive foreign investment company or qualifying electing fund. In these cases, the investment manager filed Form 8621 on its investors' behalf. Consequently, the college is not required to file Form 8621. SchF_P04_S00_L05 Schedule F, Part IV, Line 5 The college, by virtue of its investment in certain alternative assets, had ownership in foreign partnerships. However, it is unlikely that the college owned 10 percent or more of a foreign partnership nor was its investment in any single foreign partnership greater than $100,000; the 10 percent or $100,000 thresholds are the minimums for filing. Furthermore, the general partner can alleviate the college's responsibility for filing the form by filing Form 8865 with its return. A number of partnerships have elected to do so. 1 Undergraduate and graduate student grants and scholarships made by the institution. 1683 2188850 18314259 Cash value Tuition credits Prizes, awards, internships and fellowships 226 226109 0 Cash value SchI_P01_S00_L02 Schedule I, Part I, Line 2 Goucher College's grant funds are limited to need-based and merit-based financial assistance for attendance at the college. Goucher College's comprehensive program of need-based and merit-based financial assistance is managed by the Office of Student Financial Aid. As a member of the College Board and in keeping with the principles and practices of the College Scholarship Service, financial aid is awarded to properly qualified candidates on the basis of the financial need of students and their families. Financial need is determined by subtracting the Expected Family Contribution - as calculated on the Free Application for Federal Student Aid (FAFSA) and the Profile Form of the College Scholarship Service - from the student's total cost of attendance. Financial aid is awarded for one year only and must be renewed annually. Need-based aid is renewed to continuing students who demonstrate need and who are making satisfactory progress toward their degrees. Institutional merit-based scholarship requirements vary depending on the award. Compliance with those requirements are also overseen by the Office of Student Financial Aid. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Sanford J Ungar 332698 0 0 0 0 0 28436 0 31562 0 392696 0 0 0 Marc Roy 181493 0 0 0 0 0 5794 0 13229 0 200516 0 0 0 Lajerne Cornish 151332 0 0 0 0 0 3008 0 508 0 154848 0 0 Janet Mulderrig 163156 0 0 0 0 0 5037 0 242 0 168435 0 0 0 W Thomas Phizacklea 173618 0 0 0 0 0 5579 0 13217 0 192414 0 0 0 William Leimbach 150663 0 0 0 0 0 4637 0 224 0 155524 0 0 0 Leleng To Isaacs 229048 0 0 0 0 0 20589 0 7080 0 256717 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a A residence and a personal automobile, along with limited personal services, are provided for the convenience of the president of the college. Personal use of the automobile is included in the president's taxable income as reported on the W-2. The college also pays membership dues for a social club used by the president. MD Health & Higher Ed Fac Authority (2004) 520936091 574217TC9 2004-08-18 21808859 Finance the cost of a 70,000 square foot 185 bed residence hall 0 0 0 MD Health & Higher Ed Fac Authority (2007) 520936091 574217H32 2007-10-31 31285000 Construction of a 100,000 square foot facility: library, academic, and social spaces 0 0 0 0 0 22783912 2365294 922343 0 332341 0 0 19421663 0 0 2005 0 0 1 1 0 0 32262336 0 373927 0 523148 17407 0 31347854 0 0 2009 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 SchK_P02_S00_L04 Schedule K, Part II, Line 4 Issue A (2004 bonds): Gross proceeds in reserve funds includes $667,526 allocable to the Debt Service Interest Fund as of June 30, 2011. SchK_P02_S00_L08 Schedule K, Part II, Line 8 Issue B (2007 Bonds): Issuance costs from proceeds include $17,407 used to pay the initial letter of credit maintenance fee. Other than payment for the first fee, such fees are not paid from proceeds. SchK_P03_S00_L03a Schedule K, Part III, Line 3a Issue B (2007 Bonds): The Institution allocated equity to finance the cafe portion of the constructed facilities. Therefore, any management or service contracts related to the operation of the facility's cafe do not give rise to private business use since this space was not financed with proceeds of the Bonds. SchK_P04_S00_L01 Schedule K, Part IV, Line 1 Issue A (2004 Bonds): The College is not required to file an IRS Form 8038-T with respect to the Bonds. The arbitrage rebate calculations prepared for the Bonds as of the Bonds' five-year anniversary date indicated that no rebate liability accrued with respect to the Bonds. Therefore, a rebate payment was not required. Issue B (2007 Bonds): The Bonds have not reached their first five-year anniversary date. Therefore, IRS Form 8038-T has not been filed. William Couper Serves as an officer, director, key employee, or a member of an entity doing business with the colle 243799 Bank service charges and letter of credit fees 0 Joan Wilterdink Spouse of Key Employee 15450 Teaching wages 0 X 1 0 Appraisal X 0 Appraisal X 101 1487081 FMV at date of gift X 1 0 Appraisal X Horses 7 0 Appraisal X Gift annuities 3 13834 NRV at date of gift X Piano 1 0 Appraisal 10 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b PNC, a third party financial institution, serves as custodian for the college's stock securities account. There is a standing order to liquidate all securities when received. Generally, that order is carried out within a few days of receipt, limiting any gain or loss on the sale of securities. SchM_P01_S00_L33 Schedule M, Part I, Line 33 The college received gifts of horses for use in its equestrian program. Revenue is not recognized for these gifts. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990, excluding Schedule B (Contributor Information), and Form 990T were distributed electronically to the Board of Trustees on April 20th, 2012 for a period of review and comment lasting ten days. Due to the sensitive nature of the information contained therein, Schedule B was made available only to members of the Audit and Governance Committee and Executive Committee upon request. At the conclusion of the period of comment and review, a meeting of the Audit and Governance Committee of the Board of Trustees was convened to review and revise (if necessary) the return prior to recommending it for approval to the Executive Committee. The form was approved for filing by the Executive Committee of the Board of Trustees on May 8th, 2012. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Every trustee, officer, and key employee is provided a copy of the Conflict of Interest Policy each spring, and required to complete an annual disclosure form reporting any actual or potential conflicts of interest. General Counsel of the college reviews the disclosure forms and reports any disclosures to the Audit & Governance Committee of the Board of Trustees. Committee members then determine what, if any, action should be taken as to each disclosure, and such actions are implemented by the General Counsel. The policy directs the Committee to review and update the list of key employees, and the policy itself is reviewed on a regular basis and revised as necessary. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Early each fall the College President distributes to the Board of Trustees the President's Goals and Objectives ("Goals and Objectives") for the current year. Each spring Goucher receives data from the College and University Professional Association (CUPA) on compensation at comparable institutions, including Goucher's peer group, other local colleges, and prospective overlap institutions. The Human Resources Director prepares these figures for review by the College President and by the Compensation Committee of the Board. In addition, each spring the Chair of the Board asks Board members to supply the Board Chair or the Chair of the Compensation Committee with any comments a Board member may have on the President's performance with respect to the President's Goals and Objectives. After reviewing all of these materials, the Compensation Committee meets with the President to review compensation recommendations for Senior Staff, evaluate the President's performance, and recommend compensation for the President. The Compensation Committee's role with respect to compensation for Senior Staff is to determine whether any recommendation from the President includes excess benefits. The Compensation Committee then reviews with the President the President's performance with respect to Goals and Objectives, and then meets in executive session to determine its recommendation to the Executive Committee of the Board as to the President's compensation for the next fiscal year. The Executive Committee then acts on that recommendation. The Compensation Committee Chair provides the General Counsel of the College with a confidential report of the deliberations of the Compensation Committee and the Executive Committee and of the Executive Committee's action. This report includes the CUPA comparability data on which the final determinations were based. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and audited financial statements are available to the public upon request. Most college policies and the audited financial statements are also available to the public on the college website, www.goucher.edu. F990_P11_S00_L05 Form 990, Part XI, Line 5 Other changes in net assets includes $35,734,840 of unrealized gains increased by $748,000 of investment expenses, $1,295,103 of unrealized gain on interest rate swap agreement, less $330 of a rounding adjustment. Bank of America NA Successor Trustee EGP Irrevocable Trust under agreement dtd 102771 Trustee Operations PO Box 830269 Dallas TX 75283 999997387 Annuity MD N/A T 0 1867503 0.5039 MAJ 5 percent CRUT Goucher College Trustee State Street Bank and Trust 1 Lincoln Street SSFC 24 Boston MA 02111 999996122 Annuity FL N/A T 0 312710 0.6081 Goucher College Pooled Income Fund B State Street Bank and Trust Company 1 Lincoln Street SSFC 24 Boston MA 02111 526159546 Annuity MD N/A T 0 478042 0.6585 Goucher College Pooled Income Fund A State Street Bank and Trust Company 1 Lincoln Street SSFC 24 Boston MA 02111 526143938 Annuity MD N/A T 0 196047 0.6155 LLF 5 percent NIMCRUT State Street Bank and Trust 1 Lincoln Street SSFC 24 Boston MA 02111 999994799 Annuity MD N/A T 0 69780 0.5104 HIM 7 percent CRUT State Street Bank and Trust Company 1 Lincoln Street SSFC 24 Boston MA 02111 999998520 Annuity MD N/A T 0 73966 0.6374 ML 5 percent CRUT State Street Bank and Trust Company 1 Lincoln Street SSFC 24 Boston MA 02111 999994781 Annuity MD N/A T 0 221157 0.6031 BHZ 6 percent CRUT State Street Bank and Trust Company 1 Lincoln Street SSFC 24 Boston MA 02111 999993638 Annuity MD N/A T 0 36185 0.649 NSS 1996 10 percent PLCRUT CF2114 Trust Company of Connecticut Trustee 100 Pearl Street Hartford CT 061034511 999991751 Annuity CT N/A T 0 41345 0.6141 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SchR_P05_S00_L01r Schedule R, Part V, Line 1r The college received $32,250 of assets related to a terminated annuity of Pooled Income A. However, the proceeds did not exceed $50,000, therefore, it was not reported in Part V, line 2 of Schedule R.