2012-04-13T10:18:00-05:00 2011-05-31 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2010-06-01 042103545 TRUSTEES OF BOSTON COLLEGE TRUS 6175524598 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 02467 PETER MCKENZIE 6175523360 2012-04-11 true PRICEWATERHOUSECOOPERS LLP 6175305000 2010 2016-02-24 21:20:13Z WILLIAM P LEAHY SJ 18 Old Colony Road Chestnut Hill MA 02467 1540704502 false X www.bc.edu X 1864 MA SEE SCHEDULE O 52 42 11240 1 5413696 269685 127106776 140383562 630113808 650933617 18517624 78586430 909241 402481 776647449 870306090 131430077 140964350 0 0 396779178 403628324 0 0 19330508 246810135 249848029 775019390 794440703 1628059 75865387 3092937771 3487314630 905513677 1012010967 2187424094 2475303663 X SEE SCHEDULE O false false 381412156 140889330 489026322 INSTRUCTION - INCLUDES EXPENDITURES TO PROVIDE COURSEWORK FOR STUDENTS AND TO PROVIDE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. FULL-TIME EQUIVALENT ENROLLMENTS WERE 13,530 AND THE NUMBER OF DEGREES CONFERRED WAS 4,268. 148784657 132777641 AUXILIARY SERVICES - INCLUDES EXPENDITURES FOR THE SELF-SUPPORTING ACTIVITIES OF THE UNIVERSITY SUCH AS THE OPERATIONS OF 29 RESIDENCE HALLS, 11 DINING FACILITIES, 31 NCAA DIVISION I ATHLETIC TEAMS, BOOKSTORE AND INFIRMARY. 102563495 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES ACTIVITIES OF WHICH THE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO HIS/HER INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. OPERATED 8 UNIVERSITY LIBRARY FACILITIES CONTAINING OVER 2.5 MILLION VOLUMES SERVING THE UNIVERSITY AND SURROUNDING COMMUNITY. 42204359 75020 29129654 674964667 true true false true false false true true true true true false false true false true false true true true false true false true false false false true true true true false false false false true false false true true true true false false true true false false false false true 1806 0 true 11240 true true true false false false false true true false false false false X 52 42 true false false false false false false true true false false true true true true true true true true false MA X X MICHAEL J DRISCOLL 6175524598 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 024673800 X DRAKE G BEHRAKIS 1.0 X 0 0 0 MATTHEW J BOTICA 1.0 X 0 0 0 CATHY M BRIENZA 1.0 X 0 0 0 JOHN E BUEHLER JR 1.0 X 0 0 0 PATRICK CARNEY 1.0 X 0 0 0 DARCEL D CLARK 1.0 X 0 0 0 CHARLES I CLOUGH JR 1.0 X 0 0 0 JUAN A CONCEPCION ESQ 1.0 X 0 0 0 MARGOT C CONNELL DBA 1.0 X 0 0 0 JOHN M CONNORS JR 1.0 X 0 0 0 ROBERT J COONEY ESQ 1.0 X 0 0 0 KATHLEEN A CORBET 1.0 X 0 0 0 LEO J CORCORAN ESQ 1.0 X 0 0 0 ROBERT F COTTER 1.0 X 0 0 0 CYNTHIA LEE EGAN 1.0 X 0 0 0 JOHN R EGAN 1.0 X 0 0 0 JOHN F FISH 1.0 X 0 0 0 KEITH A FRANCIS 1.0 X 0 0 0 MARIO J GABELLI 1.0 X 0 0 0 WILLIAM J GEARY 1.0 X 0 0 0 SUSAN MCMANAMA GIANINNO 1.0 X 0 0 0 JANICE GIPSON 1.0 X 0 0 0 KATHLEEN POWERS HALEY 1.0 X 0 0 0 MICHAELA MURPHY HOAG 1.0 X 0 0 0 T FRANK KENNEDY SJ 1.0 X 0 0 0 JOHN L LAMATTINA 1.0 X 0 0 0 TIMOTHY R LANNON SJ 1.0 X 0 0 0 WILLIAM P LEAHY SJ 40.0 X X 0 0 0 PETER S LYNCH LLD 1.0 X 0 0 0 THOMAS J MALONEY 1.0 X 0 0 0 DOUGLAS W MARCOUILLER SJ 1.0 X 0 0 0 DAVID M MCAULIFFE 1.0 X 0 0 0 KATHLEEN M MCGILLYCUDDY 1.0 X 0 0 0 WILLIAM S MCKIERNAN 1.0 X 0 0 0 ROBERT J MORRISSEY ESQ 1.0 X 0 0 0 R MICHAEL MURRAY JR 1.0 X 0 0 0 STEPHEN P MURRAY 1.0 X 0 0 0 BRIEN M O'BRIEN 1.0 X 0 0 0 DAVID P O'CONNOR 1.0 X 0 0 0 BRIAN G PAULSON SJ 1.0 X 0 0 0 SCOTT R PILARZ SJ 1.0 X 0 0 0 PAULA D POLITO 1.0 X 0 0 0 RICHARD F POWERS III 1.0 X 0 0 0 PIERRE-RICHARD PROSPER 1.0 X 0 0 0 THOMAS F RYAN JR 1.0 X 0 0 0 BRADLEY M SCHAEFFER SJ 1.0 X 0 0 0 SUSAN MARTINELLI SHEA 1.0 X 0 0 0 MARIANNE D SHORT ESQ 1.0 X 0 0 0 PATRICK T STOKES 1.0 X 0 0 0 RICHARD F SYRON 1.0 X 10550 0 0 ELIZABETH W VANDERSLICE 1.0 X 0 0 0 DAVID C WEINSTEIN ESQ 1.0 X 0 0 0 DANIEL F BOURQUE 40.0 X 231824 0 31024 MICHAEL J BOURQUE 40.0 X 266395 0 74412 JOHN T BUTLER SJ 40.0 X 0 0 0 MARY LOU DELONG 40.0 X 239696 0 37056 CUTBERTO GARZA 40.0 X 469241 0 35350 JAMES J HUSSON 40.0 X 377565 0 35350 THOMAS J KEADY 40.0 X 225835 0 33200 PATRICK J KEATING 40.0 X 436977 0 32836 THOMAS P LOCKERBY 40.0 X 259918 0 35350 JAMES P MCINTYRE 40.0 X 237084 0 38359 PETER C MCKENZIE 40.0 X 438087 0 39432 J DONALD MONAN SJ 40.0 X 0 0 0 WILLIAM B NEENAN SJ 40.0 X 0 0 0 PATRICK ROMBALSKI 40.0 X 221357 0 32844 LEO V SULLIVAN 40.0 X 571331 0 38846 DAVID QUIGLEY 40.0 X 270890 0 40250 ANDREW C BOYNTON 40.0 X 409704 0 75230 EUGENE B DEFILIPPO 40.0 X 550910 0 40250 STEPHEN C DONAHUE 40.0 X 724494 0 10690 ALBERT L SKINNER 40.0 X 637673 0 11899 FRANK J SPAZIANI 40.0 X 1052902 0 42074 7632433 0 684452 612 false true false LEE KENNEDY CO INC 1792 DORCHESTER AVENUE BOSTON MA 02124 CONSTRUCTION 15692035 STANLEY ELEVATOR CO INC 9 HENRY CLAY DRIVE MERRIMACK NH 03054 CONSTRUCTION 7573971 SHAWMUT DESIGN CONSTRUCTION 560 HARRISON AVENUE BOSTON MA 02118 CONSTRUCTION 5179894 SCHNEIDER ELECTRIC 300 BRICKSTONE SQUARE ANDOVER MA 01810 ENERGY MANAGEMENT 3705714 TSOI KOBUS ASSOCIATES ONE BRATTLE SQUARE CAMBRIDGE MA 02238 ARCHITECTURAL 3652951 201 3458442 36554605 100370515 20381542 140383562 TUITION AND FEES 900099 489026322 489026322 SALES/SERVICES OF AUXILLARY ENTERPRISES 900099 132777641 132087174 690467 NON-GOVT GRANTS/F&A RECOVERY 900099 11220430 11220430 OTHER MISCELLANEOUS PROGRAM REVENUE 900099 17909224 17909224 650933617 19819016 4723229 15095787 30285 30285 554334 554334 5728764 6867245 -1138481 -1138481 -1138481 721538051 662800922 58737129 58737129 58737129 681563 3458442 730245 -48682 -48682 0 0 CHILD CARE 624410 571938 571938 VENDING 900099 463372 463372 1035310 870306090 650243150 5413696 74265682 0 0 140889330 140889330 75020 75020 0 0 4292406 760197 3087687 444522 134501 134501 300154794 227870283 62947434 9337077 20611944 15481219 4439194 691531 59387960 44605109 12790385 1992466 19046719 14305610 4102092 639017 0 0 0 0 1113871 305586 808285 0 571550 0 571550 0 75000 0 75000 0 0 0 13530273 0 13530273 0 36905304 23503117 11938223 1463964 297099 296550 0 549 10358525 6771415 2172764 1414346 947958 123905 786452 37601 0 0 0 0 33552457 16399527 17152930 0 14772356 13571346 643739 557271 0 0 0 0 4172351 1166144 1415451 1590756 31381541 28347442 3034099 0 0 0 49620254 43510701 6109553 0 0 COST OF GOODS SOLD 15224896 15224896 0 0 OPERATIONS & MAINT. ALLOC. 0 48078595 -48078595 0 DISPOSALS/WRITE-OFFS 9664247 9664247 0 0 EQUIPMENT MINOR 4135315 3515018 620297 0 LICENSING/PERMIT FEES 5674321 5674321 0 0 17850711 14690588 1998715 1161408 794440703 674964667 100145528 19330508 8043828 6326200 7886287 6865680 199515295 194384693 16955841 18012008 5122688 6018563 77233497 78177780 257133 347843 8115283 9344511 1707143557 619064781 1039611241 1088078776 871733599 1129477918 845249138 936963024 12783941 12887634 430000 430000 3092937771 3487314630 145506932 155142946 10540002 9621926 18051330 17785824 671686718 769559800 4651843 7871281 95783 468273 54981069 51560917 905513677 1012010967 X 1165688025 1297156436 336925820 447985079 684810249 730162148 2187424094 2475303663 3092937771 3487314630 X 75865387 212014182 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 75000 false false 75000 false LOBBYING ACTIVITY EXPLANATION FORM 990, SCHEDULE C, PART II-B, LINE 1G PAYMENTS FOR LOBBYING EXPENDITURES ARE MADE TO THE FOLLOWING: CASSIDY AND ASSOCIATES, INC. - ASSIST MANAGEMENT IN THE IDENTIFICATION DEVELOPMENT, AND PRESENTATION OF INSTITUTIONAL INITIATIVES FOR CONSIDERATION BY COMMITTEES OF CONGRESS, FEDERAL REGULATORY AGENCIES, AND OTHERS; ACT AS LIAISON TO GOVERNMENT AGENCIES BY MONITORING AND REPORTING ON GOVERNMENTAL PROGRAMS AND LEGISLATION RELEVANT TO INSITUTIONAL INITIATIVES. THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. 15196 20485000 X X X false false true 1647653000 56634000 264829000 17422000 61671000 944000 1889079000 1491158000 52099000 179298000 13487000 60792000 623000 1647653000 1849801000 109930000 -400708000 11055000 56199000 611000 1491158000 0.43000 0.39000 0.18000 false false 235192746 235192746 1026711107 391314424 635396683 177710668 141704766 36005902 267529036 86045591 181483445 1088078776 EQUITIES 797488785 F FIXED INCOME 86858676 F REAL ESTATE 52615563 F 936963024 0 DEPOSITS PAYABLE 16361356 US GOVERNMENT LOAN ADVANCES 35199561 51560917 870306090 794440703 75865387 212014179 3 212014182 287879569 937624777 212014179 -148848998 63165181 874459596 -4153506 -4153506 870306090 649745211 7597490 7597490 642147721 13530273 138762709 152292982 794440703 SCHEDULE D, PART X, LINE 2 BOSTON COLLEGE'S FINANCIAL STATEMENTS DID NOT INCLUDE A FIN 48 FOOTNOTE. SCHEDULE D, PART III, LINE 4 THE COLLECTIONS HELD BY BOSTON COLLEGE EDUCATE AND INSPIRE ITS STUDENTS AND FACULTY. SCHEDULE D, PART IV, LINE 2B STATE STREET HOLDS THE MAJORITY OF OUR TRUSTS. SCHEDULE D, PART V, LINE 4 THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE FOR FUNDING THE COLLEGE'S GENERAL OPERATING ACTIVITIES AND FOR FUNDING SPECIFIC PURPOSES, EITHER RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. PART XI, LINE 8 FINANCIAL STATEMENT ROUNDING 3 ------------ 3 PART XII, LINE 2D STUDENT AID (135,318,725) INVESTMENT MANAGEMENT EXPENSE (13,530,273) ------------ TOTAL (148,848,998) PART XII, LINE 4B FUNDRAISING DIRECT EXPENSES (730,245) RENTAL EXPENSES (6,867,245) AGENCY FUNDS 3,443,984 ---------- TOTAL (4,153,506) PART XIII, LINE 2D FUNDRAISING DIRECT EXPENSES 730,245 RENTAL EXPENSES 6,867,245 --------- TOTAL 7,597,490 PART XIII, LINE 4B STUDENT AID 135,318,725 AGENCY FUNDS 3,443,984 ----------- TOTAL 138,762,709 true true true true true true true false false false false false false false false true false true NON-DISCRIMINATION POLICY PART I, LINE 3 A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE STUDENT REGISTRATION MATERIALS, THE UNIVERSITY COURSE CATALOG AND JOB POSTINGS ON THE HUMAN RESOURCES WEBSITE. PART I, LINE 6A THE UNIVERSITY PARTICIPATES IN SEOG, PERKINS, WORK-STUDY, AND OTHER GOVERNMENTAL TITLE IV PROGRAMS. true South America 0 2 Program Services STUDY ABROAD East Asia and the Pacific 0 1 Program Services STUDY ABROAD Central America and the Caribbean 0 1 Program Services STUDY ABROAD Europe (Including Iceland and Greenland) 0 14 Program Services STUDY ABROAD South Asia 0 1 Program Services STUDY ABROAD Middle East and North Africa 0 0 Program Services STUDY ABROAD Sub-Saharan Africa 0 1 Program Services STUDY ABROAD Central America and the Caribbean 0 0 Investments INVESTMENTS 448461000 Europe (Including Iceland and Greenland) 0 0 Investments INVESTMENTS 1774835 Europe (Including Iceland and Greenland) 0 1 Program Services RESEARCH Central America and the Caribbean 0 1 Program Services RESEARCH South America 0 1 Program Services RESEARCH Sub-Saharan Africa 0 1 Program Services RESEARCH North America 0 1 Program Services RESEARCH East Asia and the Pacific 0 1 Program Services RESEARCH Middle East and North Africa 0 1 Program Services RESEARCH 0 27 0 27 450235835 450235835 GENERAL PURPOSE Sub-Saharan Africa 2 75020 WIRE true false true true true false PART I, LINE 2 BOSTON COLLEGE ISSUES GRANT FUNDS BASED UPON BUDGETED PROPOSALS AND RECEIVES REPORTS FROM THE GRANT RECIPIENTS TO MONITOR THE USE OF THESE AWARD FUNDS DURING AND AT THE END OF THE FUNDING PERIOD. PART I, LINE 3, COLUMN (f) - FOREIGN EXPENDITURES BOSTON COLLEGE CURRENTLY DOES NOT TRACK FOREIGN EXPENDITURES FOR EACH PROGRAM SEPARATELY. NIGHT AT POPS 1209155 959810 249345 0 0 0 155732 203916 0 WALL ST DINNER 1330780 1044062 286718 0 0 0 226220 7000 115757 1 1600070 1454570 145500 0 0 0 15620 6000 0 4140005 3458442 681563 0 0 0 397572 216916 115757 730245 -48682 true SCHOLARSHIPS TO STUDENTS 8132 140889330 PART I, LINE 2 - GRANT PROCEDURES BOSTON COLLEGE OFFERS GRANTS & LOANS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. THEY MUST MEET ELIGIBILITY REQUIREMENTS AS DETERMINED BY THE FACULTY & BOARD OF TRUSTEES AND ARE ADMINISTERED BY THE STUDENT AID OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER DOCUMENTS TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF SCHOLARSHIPS AVAILABLE BASED ON ACADEMIC OR ATHLETIC ACHIEVEMENT. PART III, COLUMN (C) THE CASH GRANT IS REFLECTED ON STUDENTS ACCOUNTS. X X X false true X X X true true false false false false false false false DANIEL F BOURQUE 215472 0 0 0 16352 0 16092 0 14932 0 262848 0 0 0 MICHAEL J BOURQUE 250903 0 0 0 15492 0 19600 0 54812 0 340807 0 0 0 ANDREW C BOYNTON 375340 0 0 0 34364 0 19600 0 55630 0 484934 0 0 0 EUGENE B DEFILIPPO 497210 0 25000 0 28700 0 24500 0 15750 0 591160 0 0 0 MARY LOU DELONG 210036 0 0 0 29660 0 21306 0 15750 0 276752 0 0 0 STEPHEN C DONAHUE 687010 0 0 0 37484 0 0 0 10690 0 735184 0 0 0 CUTBERTO GARZA 438433 0 0 0 30808 0 19600 0 15750 0 504591 0 0 0 JAMES J HUSSON 352894 0 0 0 24671 0 19600 0 15750 0 412915 0 0 0 THOMAS J KEADY 209955 0 0 0 15880 0 17450 0 15750 0 259035 0 0 0 PATRICK J KEATING 406737 0 0 0 30240 0 17086 0 15750 0 469813 0 0 0 THOMAS P LOCKERBY 244401 0 0 0 15517 0 19600 0 15750 0 295268 0 0 0 JAMES P MCINTYRE 222284 0 0 0 14800 0 22856 0 15503 0 275443 0 0 0 PETER C MCKENZIE 408311 0 0 0 29776 0 24500 0 14932 0 477519 0 0 0 DAVID QUIGLEY 267354 0 0 0 3536 0 24500 0 15750 0 311140 0 0 0 PATRICK ROMBALSKI 205957 0 0 0 15400 0 17094 0 15750 0 254201 0 0 0 ALBERT L SKINNER 126998 0 0 0 510675 0 6874 0 5025 0 649572 0 0 0 FRANK J SPAZIANI 1014919 0 26500 0 11483 0 24500 0 17574 0 1094976 0 0 0 LEO V SULLIVAN 247735 0 0 0 323596 0 23337 0 15509 0 610177 0 0 0 SCHEDULE J, PART I THE UNIVERSITY PAID COMPENSATION AND BENEFITS OF $4,604,221 TO THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS, THE FOUNDERS OF BOSTON COLLEGE, FOR INSTRUCTIONAL, ADMINISTRATIVE AND INSTITUTIONAL SERVICES, AS WELL AS FOR SERVICES RENDERED BY THE UNIVERSITY'S JESUIT OFFICERS. TRUSTEES ARE NOT COMPENSATED. SCHEDULE J, PART I, LINE 1A FIRST CLASS TRAVEL OR CHARTER TRAVEL: BOSTON COLLEGE DOES NOT GENERALLY PERMIT FIRST CLASS TRAVEL FOR BUSINESS TRIPS. HOWEVER, ON OCCASION FOR UNUSUALLY LONG FLIGHTS IT MAY BE PERMITTED PROVIDED THERE IS APPROVAL IN ADVANCE. IN CONNECTION WITH ITS ATHLETICS PROGRAM, BC UTILIZES CHARTER TRAVEL. CERTAIN INDIVIDUALS LISTED IN PART VII FLY WITH THE TEAM AS PART OF THEIR RESPONSIBILITIES AS EMPLOYEES OF BOSTON COLLEGE. TRAVEL FOR COMPANIONS: UNIVERSITY POLICY IS NOT TO REIMBURSE FOR COMPANION TRAVEL. ON OCCASION, CERTAIN INDIVIDUALS LISTED IN PART VII HAVE HAD COMPANION TRAVEL AT NO ADDITIONAL COST TO THE COLLEGE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: FIVE OF THE INDIVIDUALS LISTED IN PART VII RECEIVE AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. SCHEDULE J PART I, LINE 1B BOSTON COLLEGE HAS POLICIES THAT COVER FIRST CLASS AIR TRAVEL AND TRAVEL FOR COMPANIONS. SUCH TRAVEL IS GENERALLY NOT PERMITTED BUT IS APPROVED ON A CASE BY CASE BASIS AT THE VP LEVEL. SOCIAL CLUB DUES ARE PROVIDED IN ACCORDANCE WITH THE CONTRACTS OF THE INDIVIDUALS WHO RECEIVE THE BENEFIT AND ARE APPROVED. SCHEDULE J PART I, LINE 4A ALBERT SKINNER SEPARATED FROM THE COLLEGE IN 2010. PURSUANT TO AN AGREEMENT UPON HIS SEPARATION AND CONTINGENT ON CERTAIN CONDITIONS, MR. SKINNER WILL RECEIVE PAYMENTS IN SATISFACTION OF THE REMAINING YEARS OF HIS CONTRACT. INCLUDED IN COLUMN (b)(iii) IS $500,000 PAID UNDER THIS AGREEMENT. SCHEDULE J PART I, LINE 4B IN PRIOR YEARS PAYMENTS TOTALING $300,000 WERE MADE TO A 457(f) PLAN ON BEHALF OF LEO SULLIVAN. MR. SULLIVAN RECEIVED PAYMENT FROM THIS PLAN ON MAY 31, 2010. AMOUNTS PAID UNDER THE PLAN ARE INCLUDED IN COLUMN (B)(III). IN PRIOR YEARS PAYMENTS TOTALING $735,430 WERE MADE TO A 457 (F) PLAN ON BEHALF OF ALBERT SKINNER. PAYMENTS WERE TAXED IN THE YEAR CREDITED TO THE ACCOUNT. UPON HIS SEPARATION IN 2010, MR. SKINNER BEGAN TO RECEIVE PAYMENTS UNDER THE PLAN. MASS HEFA - SERIES N 042456011 57585K6M5 2003-09-04 122456271 SEE SCHEDULE K, PART V false false false MASS DEVELOPMENT FINANCE AGENCY - SERIES P 043431814 57583RPC3 2007-07-26 180931618 SEE SCHEDULE K, PART V false false false MASS DEVELOPMENT FINANCE AGENCY - SERIES Q1 Q2 043431814 57583RL45 2009-05-21 104818300 SEE SCHEDULE K, PART V false false false MASS DEVELOPMENT FINANCE AGENCY - SERIES R1 R2 043431814 57583R4M0 2010-11-16 215755525 SEE SCHEDULE K, PART V false false false 20280000 125370094 0 5895012 0 787521 0 0 77272346 41415215 0 2008 true true true true 0 183728858 0 3421377 0 958893 0 0 99667379 79681209 0 2010 true true true true 3550000 104919879 0 198197 0 583495 0 0 75945012 27234806 958369 true false false true 0 215771353 0 0 0 1163025 0 0 31600681 105487563 77520084 true false false true false false true true true 0.01300 0.00000 0.01300 true false false true true true 0.01500 0.00100 0.01600 true false false true true true 0.00500 0.00000 0.00500 true false false true true true 0.00100 0.00000 0.00100 true false false false true AGEON ISTL MKTS 2.6 true true false false false false true RABOBANK INTERNTL 2.5 true false true false false false false false false false false false false false false PART I, COLUMN F - DESCRIPTION OF PURPOSE LINE A - CONSTRUCTION & EQUIPMENT, PARTIAL REFUNDING OF BONDS ISSUED ON 8/12/1991 AND 11/16/1993; REFUNDING OF BONDS ISSUED ON 6/8/1995 AND 7/25/1996 LINE B - PROPERTY ACQUISITION CONSTRUCTION & EQUIPMENT, PARTIAL REFUNDING OF BONDS ISSUED ON 4/25/1991; 11/16/1993 LINE C - PROPERTY ACQUISITION, CONSTRUCTION & EQUIPMENT, REFUNDING OF BONDS ISSUED ON 12/10/2008 LINE D - CONSTRUCTION, RENOVATION AND EQUIPMENT, REFUNDING OF BONDS ISSUED ON 9/25/1998 PART II, LINE 3 DIFFERENCE IN COLUMNS (A)-(D) REPRESENT INVESTMENT EARNINGS. MARY LOU DELONG - MORTGAGE X 450000 450000 false true true ANDREW BOYNTON - MORTGAGE X 850000 850000 false false true EUGENE DE FILIPPO - MORTGAGE X 450000 450000 false false true CUTBERTO GARZA - MORTGAGE X 880000 880000 false true true JAMES J HUSSON - MORTGAGE X 500000 500000 false true true PATRICK KEATING - MORTGAGE X 292500 292500 false true true THOMAS LOCKERBY - MORTGAGE X 380000 380000 false true true PATRICK ROMBALSKI - MORTGAGE X 400000 400000 false true true ALBERT SKINNER - MORTGAGE X 650000 650000 false false true CUTBERTO GARZA - NOTE RECEIVABLE X 139448 139448 false true true DAVID QUIGLEY - MORTGAGE X 200000 180000 false true true DAVID QUIGLEY - MORTGAGE X 250000 246615 false true true STEPHEN DONAHUE - MORTGAGE X 600000 600000 false false true 6018563 FIDELITY INVESTMENTS TRUSTEE IS AN OFFICER 1302516 INVESTMENT FEES false BOSTON COACH TRUSTEE IS AN OFFICER 2733437 BUS CONTRACT false GAMCO 2 TRUSTEES AS DIR&OFF 464338 INVESTMENT FEES false HIGHRISE CAPITAL TRUSTEE IS A DIRECTOR 129780 INVESTMENT FEES false MICHAEL F MCKENZIE SON OF TREASURER 43176 EMPLOYEE AT BOSTON COLLEGE false CLOUGH CAPITAL TRUSTEE IS CHAIRMAN & CEO 272144 INVESTMENT FEES false EMC TRUSTEE IS A BOARD MEMBER 454458 VENDOR false LINCOLNSHIRE TRUSTEE IS PRESIDENT 101643 INVESTMENT FEES false TCV PARTNERS TRUSTEE'S SPOUSE AS OFF. 274672 INVESTMENT FEES false OPPENHEIMER TRUSTEE IS A DIRECTOR 712682 INVESTMENT FEES false X 2 15196 OPINION OF EXPERTS X 5 OPINION OF EXPERTS X 237 19384641 MARKET VALUE X 7 830000 OPINION OF EXPERTS X EQUIPMENT AND GOODS 10 151700 COST/RET SALE PRICE false true false SCHEDULE M, PART I, COLUMN (B) COLUMN B IS BASED ON THE NUMBER OF CONTRIBUTIONS. MISSION FORM 990, PART I, LINE 1 AND PART III, LINE 1 STRENGTHENED BY MORE THAN A CENTURY AND A QUARTER OF DEDICATION TO ACADEMIC EXCELLENCE, BOSTON COLLEGE COMMITS ITSELF TO THE HIGHEST STANDARDS OF TEACHING AND RESEARCH IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS AND TO THE PURSUIT OF A JUST SOCIETY THROUGH ITS OWN ACCOMPLISHMENTS, THE WORK OF ITS FACULTY AND STAFF, AND THE ACHIEVEMENTS OF ITS GRADUATES. IT SEEKS BOTH TO ADVANCE ITS PLACE AMONG THE NATION'S FINEST UNIVERSITIES AND TO BRING TO THE COMPANY OF ITS DISTINGUISHED PEERS AND TO CONTEMPORARY SOCIETY THE RICHNESS OF THE CATHOLIC INTELLECTUAL IDEAL OF A MUTUALLY ILLUMINATING RELATIONSHIP BETWEEN RELIGIOUS FAITH AND FREE INTELLECTUAL INQUIRY. BOSTON COLLEGE DRAWS INSPIRATION FOR ITS ACADEMIC AND SOCIETAL MISSION FROM ITS DISTINCTIVE RELIGIOUS TRADITION. AS A CATHOLIC AND JESUIT UNIVERSITY, IT IS ROOTED IN A WORLD VIEW THAT ENCOUNTERS GOD IN ALL CREATION AND THROUGH ALL HUMAN ACTIVITY, ESPECIALLY IN THE SEARCH FOR TRUTH IN EVERY DISCIPLINE, IN THE DESIRE TO LEARN, AND IN THE CALL TO LIVE JUSTLY TOGETHER. IN THIS SPIRIT, THE UNIVERSITY REGARDS THE CONTRIBUTION OF DIFFERENT RELIGIOUS TRADITIONS AND VALUE SYSTEMS AS ESSENTIAL TO THE FULLNESS OF ITS INTELLECTUAL LIFE AND TO THE CONTINUOUS DEVELOPMENT OF ITS DISTINCTIVE INTELLECTUAL HERITAGE. BOSTON COLLEGE PURSUES THIS DISTINCTIVE MISSION BY SERVING SOCIETY IN THREE WAYS: - BY FOSTERING THE RIGOROUS INTELLECTUAL DEVELOPMENT AND THE RELIGIOUS, ETHICAL AND PERSONAL FORMATION OF ITS UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS IN ORDER TO PREPARE THEM FOR CITIZENSHIP, SERVICE AND LEADERSHIP IN A GLOBAL SOCIETY; - BY PRODUCING NATIONALLY AND INTERNATIONALLY SIGNIFICANT RESEARCH THAT ADVANCES INSIGHT AND UNDERSTANDING, THEREBY BOTH ENRICHING CULTURE AND ADDRESSING IMPORTANT SOCIETAL NEEDS; AND - BY COMMITTING ITSELF TO ADVANCE THE DIALOGUE BETWEEN RELIGIOUS BELIEF AND OTHER FORMATIVE ELEMENTS OF CULTURE THROUGH THE INTELLECTUAL INQUIRY, TEACHING AND LEARNING, AND THE COMMUNITY LIFE THAT FORM THE UNIVERSITY. BOSTON COLLEGE FULFILLS THIS MISSION WITH A DEEP CONCERN FOR ALL MEMBERS OF ITS COMMUNITY, WITH A RECOGNITION OF THE IMPORTANT CONTRIBUTION A DIVERSE STUDENT BODY, FACULTY AND STAFF CAN OFFER, WITH A FIRM COMMITMENT TO ACADEMIC FREEDOM, AND WITH A DETERMINATION TO EXERCISE CAREFUL STEWARDSHIP OF ITS RESOURCES IN PURSUIT OF ITS ACADEMIC GOALS. VOLUNTEERS FORM 990, PART I, LINE 6 ALTHOUGH BOSTON COLLEGE HAS MANY VOLUNTEERS WHO DEDICATE THEIR TIME AND EFFORTS TO THE COLLEGE, THEIR NUMBER IS NOT FORMALLY TRACKED. ALL TRUSTEES ARE PROVIDING VOLUNTEER SERVICES TO BOSTON COLLEGE. BOSTON COLLEGE ALUMNI KEEP UP THE JESUIT, CATHOLIC TRADITION AFTER GRADUATION AS ALUMNI VOLUNTEERS. WHETHER IT'S SIMPLY KEEPING IN TOUCH WITH FELLOW EAGLES OR MAKING A DIFFERENCE THROUGH THE UNIVERSITY, BOSTON COLLEGE HAS ACTIVE ALUMNI WHO CONTINUE TO VOLUNTEER THEIR TIME TO CONTRIBUTE TO THE BOSTON COLLEGE COMMUNITY. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EXPENDITURES FOR PUBLIC SERVICE AND STUDENT AGENCIES AND OTHER MISCELLANEOUS PROGRAM REVENUES AND EXPENSES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION A - QUESTION 2 ROBERT MORRISSEY AND MARIO GABELLI ARE BOTH ON THE BOARD OF GAMCO. MARGOT CONNELL IS THE CHAIRMAN OF CONNELL LIMITED PARTNERS AND ROBERT MORRISSEY SITS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 11 WORKING WITH PRICEWATERHOUSECOOPERS, LLP, THE FORM 990 IS PREPARED. THE FULL FORM 990 IS THEN REVIEWED BY SENIOR MANAGEMENT AND THE TRUSTEE AUDIT AND FINANCE COMMITTEE. THE FULL BOARD OF TRUSTEES IS PROVIDED A FULL COPY OF THE FINAL FORM 990 FOR REVIEW PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. THE RETURN IS THEN POSTED ON THE BOSTON COLLEGE WEBSITE. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - QUESTION 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH BOSTON COLLEGE. THESE DISCLOSURES ARE REVIEWED BY THE FINANCIAL VICE PRESIDENT AND TREASURER AND HIS STAFF. THE FINANCIAL VICE PRESIDENT AND TREASURER PREPARES A REPORT OF ALL CONFLICTS FOR REVIEW WITH THE PRESIDENT, EXECUTIVE VICE PRESIDENT, AND GENERAL COUNSEL. FOLLOWING THEIR REVIEW, THE REPORT IS REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. ALL CONFLICT SITUATIONS ARE RESOLVED AT THIS FINAL REVIEW IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION B - POLICIES, QUESTIONS 15A & B BOSTON COLLEGE'S PRESIDENT IS A MEMBER OF THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS. THE COMPENSATION AND BENEFITS OF WILLIAM P. LEAHY S.J., ALONG WITH OTHER MEMBERS OF THE JESUIT COMMUNITY WHO PROVIDE SERVICES TO BOSTON COLLEGE, ARE PAID TO THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS OR BLESSED PETER FABER COMMUNITY OF THE SOCIETY OF JESUS. TOTAL PAYMENTS TO THE ORGANIZATIONS NOTED ABOVE IN FY11 WERE $4,604,221. FOR ALL OTHER OFFICERS, TRUSTEES, AND KEY EMPLOYEES, BOSTON COLLEGE HAS AN EXECUTIVE COMMITTEE THAT ACTS AS THE INDEPENDENT COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET DATA AND ANALYSES ASSEMBLED BY INDEPENDENT COMPENSATION CONSULTANTS. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION C - DISCLOSURE, LINE 19 BOSTON COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A RICHARD F. SYRON RECEIVES NO COMPENSATION FOR HOLDING THE POSITION OF TRUSTEE. ALL OF HIS COMPENSATION WAS FOR HIS SERVICES AS A PART-TIME FACULTY MEMBER. FORM 990, PART XI, LINE 5 NET UNREALIZED GAINS ON INVESTMENTS $212,014,179 FINANCIAL STATEMENT ROUNDING $ 3 ------------ TOTAL $212,014,182 BOSTON COLLEGE ALUMNI ASSOCIATION LLC 825 CENTRE STREET NEWTON MA 02458 042103545 ALUM. REL MA 0 0 NA CHARITABLE REMAINDER TRUSTS (12) SUPPORT MA T OTHER TRUSTS (4) SUPPORT MA T POOLED LIFE INCOME FUND (1) SUPPORT MA T false false false false false false false false false false false false false false false false false FORM 990, SCHEDULE R, PART IV, LINE 1 CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND PENNSYLVANIA.