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      <Description>HIGHER EDUCATION: EDUCATION OF OVER 7300 STUDENTS AT THE COLLEGE LEVEL. DURING THE 2010-11 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 528 UNDERGRADUATE DEGREES, 507 GRADUATE DEGREES AND 161 DOCTORIAL DEGREES. THE UNIVERSITY OFFERS PROGRAMS IN OSTEOPATHIC MEDICINE, ALLIED HEALTH SCIENCES, LIBERAL ARTS, PHARMACY, AND OTHER GRADUATE AND UNDERGRADUATE MAJORS.ADDITIONAL FACTS: THE UNIVERSITY OF NEW ENGLAND INCLUDES MAINE'S ONLY:-MEDICAL SCHOOL-COLLEGE OF OSTEOPATHIC MEDICINE-MASTER OF SCIENCE-PHYSICIAN ASSISTANT PROGRAM.-MASTER OF SCIENCE-NURSE ANESTHESIA PROGRAM-POST-BACCALAUREATE CERTIFICATE PROGRAM IN GERONTOLOGY AND ADDICTIONS COUNSELING.COLLEGE OF OSTEOPATHIC MEDICINE (COM):SINCE ITS FOUNDING IN 1978, THE COLLEGE HAS HAD AN EXTRAORDINARY IMPACT ON HEALTH CARE IN MAINE, NEW ENGLAND, AND THE NATION. GRADUATES OF COM HAVE DISTINGUISHED THEMSELVES AS RESIDENTS IN SOME OF THE FINEST AND MOST COMPETITIVE RESIDENCY TRAINING PROGRAMS THROUGHOUT THE UNITED STATES. MORE IMPORTANTLY, COM PHYSICIANS HAVE BEEN PUTTING THE PATIENT FIRST IN THEIR COMMUNITIES IN NEW ENGLAND AND THE NATION:MORE THAN 60% OF OUR GRADUATES PRACTICE IN PRIMARY CARE DISCIPLINES (I.E. FAMILY MEDICINE, GENERAL INTERNAL MEDICINE, AND PEDIATRICS). STATE OF MAINE: 10% OF PRACTICING PHYSICIANS ARE COM GRADUATES, COMPRISING 15% OF MAINE'S PRIMARY CARE PHYSICIAN WORKFORCE. 25% OF COM GRADUATES PRACTICING IN MAINE SERVE IN RURAL AREAS.NEW ENGLAND: 17% OF COM GRADUATES ARE PRACTICING IN MEDICALLY UNDERSERVED AREAS.COM IS THE NUMBER ONE PROVIDER OF PHYSICIANS FOR THE STATE OF MAINE. THE COLLEGE FEATURES STATE-OF-THE-ART FACILITIES ON ITS PICTURESQUE AND TRANQUIL OCEANSIDE CAMPUS. TEACHING AND LEARNING ARE AT THE FOREFRONT AS STUDENTS BEGIN TO EXPERIENCE COM'S INNOVATIVE PATIENT-FIRST CURRICULUM IN OUTSTANDING ON-CAMPUS CLINICAL LEARNING LABORATORIES FOR CLINICAL SKILLS, ANATOMY, AND OSTEOPATHIC MANIPULATIVE MEDICINE.VICE PRESIDENT FOR RESEARCH AND DEAN OF COLLEGE OF GRADUATE STUDIES:THE COLLEGE OF GRADUATE STUDIES IS INITIALLY FOCUSING ON BUILDING STRENGTHS IN FOUR BROADLY DEFINED DISCIPLINES, THEY ARE THE CENTERS FOR LAND-SEA INTERACTIONS, NEUROSCIENCE, GLOBAL HUMANITIES, AND COMMUNITY AND PUBLIC HEALTH, THE SCHOOL'S MASTERS PROGRAM IN MARINE SCIENCE HAS RECENTLY RECEIVED A PRESTIGIOUS NATIONAL SCIENCE FOUNDATION TRAINING GRANT THAT WILL ALLOW IT TO BUILD A PH.D. PROGRAM. COLLEGE OF PHARMACY:THE COLLEGE OF PHARMACY ADMITTED ITS FIRST PROFESSIONAL DOCTORAL CLASSES IN THE FALL 2009 AND 2010 SEMESTERS, WITH 99 AND 97 STUDENTS RESPECTIVELY. MEMBERS OF THESE CULTURALLY DIVERSE CLASSES ARE FROM ALL OVER THE UNITED STATES AND THE WORLD. THE COLLEGE IS POISED FOR SUCCESS IN THE AREAS OF INTER-PROFESSIONAL EDUCATION, SCHOLARSHIP, CLINICAL PRACTICE AND SERVICE. THE COLLEGE IS LOCATED IN A STATE-OF-THE-ART, 48,000 SQUARE FOOT BUILDING ON UNE'S HISTORIC PORTLAND, MAINE CAMPUS.THE COLLEGE OF PHARMACY ASPIRES TO BECOME RECOGNIZED NATIONALLY FOR THE QUALITY OF BOTH ITS PROFESSIONAL DEGREE PROGRAM AND ITS DIVERSE RESEARCH ENTERPRISE. THE MISSION OF THE COLLEGE IS TO PROVIDE AN OUTSTANDING ENVIRONMENT FOR THE TEACHING-LEARNING PROCESS TO EFFECTIVELY DELIVER A CONTEMPORARY PHARMACY CURRICULUM DESIGNED TO GRADUATE COMPETENT PRACTITIONERS FOR THE STATE OF MAINE AND THE NATION. ADDITIONALLY, THE COLLEGE WILL ESTABLISH AND MAINTAIN AN ACTIVE AND PRODUCTIVE RESEARCH ENTERPRISE FOR THE DISCOVERY OF NEW KNOWLEDGE IN THE LABORATORY AND IN THE PATIENT CARE SETTING. COLLEGE OF ARTS AND SCIENCES:THE COLLEGE OF ARTS AND SCIENCES OFFERS MORE THAN 30 UNDERGRADUATE MAJORS, RANGING FROM AQUACULTURE AND AQUARIUM SCIENCE TO SPORT MANAGEMENT. THE COLLEGE'S GRADUATE PROGRAMS INCLUDE A MASTER OF SCIENCE IN EDUCATION AND A CERTIFICATE OF ADVANCED GRADUATE STUDY IN EDUCATIONAL LEADERSHIP.THE MARINE SCIENCE AND RESEARCH CENTER IS THE ONLY FACILITY OF ITS KIND ON ANY UNIVERSITY CAMPUS, GIVING RESEARCHERS A UNIQUE OPPORTUNITY TO CREATE IMPORTANT NEW KNOWLEDGE IN MARINE SCIENCE, THE ENVIRONMENT AND HUMAN HEALTH. THIS FACILITY TRULY PROVIDES A WINDOW TO THE SEA.UNE STUDENTS, FACULTY AND STAFF CONTRIBUTE THOUSANDS OF HOURS OF COMMUNITY SERVICE EACH YEAR THROUGH THE VOLUNTEER WORK AND SERVICE LEARNING.IT IS ESTIMATED THAT IN FY 2010, UNE STUDENTS VOLUNTEERED APPROXIMATELY 10,000 HOURS OF COMMUNITY SERVICE TO MORE THAN 150 COMMUNITY AGENCIES, ORGANIZATIONS AND MANY SCHOOLS IN A MULTITUDE OF SCHOOL DISTRICTS. MANY OF THESE HOURS WERE PART OF THE UNIVERSITY'S SENIOR-YEAR CORE CURRICULUM CITIZENSHIP SEMINAR REQUIREMENT.WESTBROOK COLLEGE OF HEALTH PROFESSIONS:THE WESTBROOK COLLEGE OF HEALTH PROFESSIONS OFFERS UNDERGRADUATE PROGRAMS IN DENTAL HYGIENE, NURSING, APPLIED EXERCISE SCIENCE AND ATHLETIC TRAINING, AND GRADUATE PROGRAMS IN NURSE ANESTHESIA, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, PHYSICIAN ASSISTANT AND SOCIAL WORK. THE COLLEGE HAS STATE-OF-THE ART EDUCATIONAL FACILITIES AND HAS PIONEERED THE MODEL OF INTERDISCIPLINARY HEALTH AND WELLNESS EDUCATION. THE COLLEGE HAS THE ONLY ACCREDITED NURSING PROGRAM IN THE NATION WITH AN INTERNATIONAL BRANCH CAMPUS THOUGH ITS ASSOCIATION WITH ISRAEL COLLEGE. THE ISRAEL BRANCH CAMPUS RN-BSN PROGRAM IS AN INTERNATIONAL PROGRAM DEVELOPED TO EDUCATE NON-TRADITIONAL STUDENTS FROM ISRAEL WHO ARE CURRENTLY LICENSED AND PRACTICING REGISTERED NURSES SEEKING BACCALAUREATE PREPARATION IN NURSING.COLLEGE OF DENTAL MEDICINE:THE COLLEGE OF DENTAL MEDICINE IS EXPECTED TO ENROLL ITS FIRST CLASS IN THE FALL OF 2013. ITS FOUNDING DEAN WAS HIRED IN MARCH 2011 TO OVERSEE ITS CURRICULUM, DEVELOPMENT, AND ACCREDITATION. THE CURRICULUM OF THE NEW COLLEGE OF DENTAL MEDICINE WILL BE A BLEND OF TIME-TESTED METHODS AND NEW INNOVATIONS IN DENTAL EDUCATION. THE STUDENTS WILL BE TREATED AS MEMBERS OF THE PROFESSION FROM DAY ONE. THEY WILL BENEFIT FROM A COMPREHENSIVE EDUCATION IN THE BASIC AND BEHAVIORAL SCIENCES, AND WILL UNDERSTAND AND APPRECIATE THE MANY CONNECTIONS BETWEEN ORAL HEALTH AND OVERALL HEALTH. STUDENTS WILL ENJOY EXTENSIVE PRACTICAL EXPERIENCE, FROM PROVIDING CARE TO A SIMULATED PATIENT IN THE FIRST YEAR; TO PROVIDING DIRECT PATIENT CARE IN PATIENT-CENTERED GENERAL PRACTICE TEAMS IN OUR ORAL HEALTH CENTER THROUGH THE SECOND AND THIRD YEARS; TO EXTENDING THEIR CLINICAL EXPERIENCE INTO THE COMMUNITY DURING THEIR FOURTH YEAR, WORKING AND LIVING IN COMMUNITIES THROUGHOUT NORTHERN NEW ENGLAND AND BEYOND.RESEARCH:UNE IS ONE OF 24 MEMBERS OF THE MAINE MARINE RESEARCH COALITION (MMRC), FORMED TO STRENGTHEN MAINE'S CAPACITY TO CONDUCT CUTTING-EDGE MARINE RESEARCH, INCREASE COLLABORATION AND INTERACTION AMONG MARINE-BASED RESEARCH INSTITUTIONS THROUGHOUT THE STATE, AND INCREASE THE VISIBILITY OF MARINE-RELATED INDUSTRIES STATE WIDE.THE UNIVERSITY OF NEW ENGLAND'S COLLEGE OF OSTEOPATHIC MEDICINE IS ONE OF FOUR MEMBERS OF THE MAINE BIOMEDICAL RESEARCH COALITION, CREATED TO FOSTER BIOMEDICAL RESEARCH IN MAINE AS AN IMPORTANT PART OF THE CURRENT AND FUTURE MAINE ECONOMY. THE SIX INSTITUTIONS ARE CONDUCTING RESEARCH ON EVERY MAJOR DISEASE, INCLUDING CANCER, HEART DISEASE, DIABETES, HYPERTENSION, ALZHEIMER'S DISEASE, CYSTIC FIBROSIS, AND GLAUCOMA. THE RESULT WILL BE BETTER HEALTH AND LONG-TERM ECONOMIC BENEFITS TO THE REGION.THE MARINE SCIENCE AND RESEARCH CENTER IS THE ONLY FACILITY OF ITS KIND ON ANY UNIVERSITY CAMPUS, GIVING RESEARCHERS A UNIQUE OPPORTUNITY TO CREATE IMPORTANT NEW KNOWLEDGE IN MARINE SCIENCE, THE ENVIRONMENT AND HUMAN HEALTH. THIS FACILITY TRULY PROVIDES A WINDOW TO THE SEA.UNE RECEIVES GRANTS FROM A NUMBER OF PRESTIGIOUS NATIONAL SOURCES INCLUDING NASA, NATIONAL SCIENCE FOUNDATION, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE NATIONAL INSTITUTES OF HEALTH, AND THE NATIONAL ENDOWMENT FOR THE HUMANITIES.</Description>
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        <Description>AUXILIARY SERVICES FOR THE DELIVERY OF HIGHER EDUCATION INCLUDE MAIL AND ROOM AND BOARD FOR OVER 1,000 STUDENTS:THE MISSION IS TO WORK IN PARTNERSHIP WITH RESIDENT STUDENTS TO CREATE A HEALTHY AND POSITIVE RESIDENTIAL COMMUNITY THAT ENHANCES ACADEMIC PURSUITS AND PROVIDES OPPORTUNITIES FOR PERSONAL, SOCIAL AND SPIRITUAL GROWTH. THE GOAL IS TO PROMOTE AN ATMOSPHERE ROOTED IN CIVILITY AND PERSONAL RESPONSIBILITY, AND ENCOURAGE REFLECTIVE THINKING AND ACTIVE INVOLVEMENT. THE STAFF STRIVES TO TEACH, MODEL, AND LEARN WITH THE STUDENTS THE VALUES OF COMMUNITY, INQUIRY, INTEGRITY, AND CARING. MAINTAINING A CLOSE RELATIONSHIP WITH STUDENT ACTIVITIES CREATES A POSITIVE IMPACT ON CAMPUS LIFE FOR THE ENTIRE UNIVERSITY. STUDENTS ARE ENCOURAGED TO ACTIVELY ENGAGE IN MANY ARENAS TO BECOME MORE DEEPLY INVOLVED IN THE UNIVERSITY, AND THEREBY IN THEIR OWN EDUCATION. THESE EXPERIENCES OUTSIDE THE CLASSROOM CAN TRULY ENHANCE THOSE EXPERIENCES STUDENTS HAVE WITHIN THE CLASSROOM.LIVING AND LEARNING COMMUNITIES:INTEREST PODS: FIRST-YEAR STUDENT LIVING &amp; LEARNING COMMUNITIESTHE INTEREST POD (I-POD) CONSISTS OF UP TO SIX "PODS," OR CLUSTERS OF STUDENT ROOMS THAT WILL EACH HOUSE 9-12 STUDENTS AND A RESIDENT ADVISOR. EACH POD IS ITS OWN SEPARATE COMMUNITY WITHIN THE BUILDING. WITH THE GUIDANCE OF A FACULTY/STAFF MEMBER, A STUDENT AFFAIRS PROFESSIONAL, AND A STUDENT RESIDENT ADVISOR, STUDENTS IN EACH POD WILL HAVE THE OPPORTUNITY TO ENGAGE IN THEIR PARTICULAR THEMATIC CORE THROUGHOUT THE ACADEMIC YEAR. THIS ENGAGEMENT MAY TAKE THE FORM OF OFF-CAMPUS LEARNING OPPORTUNITIES, REFLECTION ACTIVITIES, GROUP RESEARCH INITIATIVES, DISCUSSIONS AND ANY OTHER EXPERIENCES THAT POD MEMBERS DESIGN. BUILDING FEATURESPADUA HALL IS A THREE-STORY, CO-ED RESIDENCE HALL WITH COMMUNITY BATHROOMS, LAUNDRY ROOM, KITCHENETTE, AND A LOUNGE ON THE SECOND FLOOR. EACH BEDROOM IS DESIGNED TO HOLD 2 STUDENTS WITH INTERNET AND PHONE ACCESS FOR EACH STUDENT. ROOMS ARE FURNISHED WITH A BUNKABLE TWIN EXTRA-LONG SIZE BED AND MATTRESS, DESK, CHAIR, DRESSER, AND WARDROBE FOR EACH STUDENT.ADDITIONAL FACTS:UNIVERSITY OF NEW ENGLAND DINING SERVICES:USING INPUT FROM STUDENTS THROUGH COMMENT BOARDS, PERSONAL CONTACTS BETWEEN STUDENTS AND FOOD SERVICE MANAGERS, AND REGULAR MEETINGS WITH CAMPUS DINING ADVISORY COMMITTEES, THE UNIVERSITY'S DINING SERVICES IS ABLE TO STAY IN STEP WITH THE STUDENTS' NEEDS AND DESIRES. ALL NEW UNE STUDENTS ARE ENCOURAGED TO TAKE ADVANTAGE OF ANY OF THE ABOVE METHODS OF CONNECTING IN ORDER TO MAINTAIN AN INNOVATIVE AND CREATIVE DINING SERVICE MEET ALL OF STUDENT'S DIVERSE DIETARY CHOICES.E SERVICES:THE UNIVERSITY OF NEW ENGLAND OFFERS A NUMBER OF ON-LINE SERVICES FOR OUR STUDENTS, FACULTY AND STAFF:U-ONLINE - U-ONLINE PROVIDES STUDENTS, FACULTY, AND STAFF WITH SECURE, WEB-BASED ACCESS TO SELECTED ADMINISTRATIVE, ACADEMIC, AND EMPLOYEE RECORDS. U-ONLINE IS THE ONLY ON-LINE OFFICIAL WEB-BASED SOURCE OF INFORMATION FROM THE UNIVERSITY OF NEW ENGLAND. BLACKBOARD/WEBCT - THE BLACKBOARD LEARNING SYSTEM IS A COURSE MANAGEMENT SYSTEM WITH TEACHING AND LEARNING TOOLS FOR COURSE PREPARATION, DELIVERY, AND MANAGEMENT. MYUNE - MYUNE PROVIDES UNE STUDENTS, FACULTY AND STAFF WITH INTRANET AND INTERNET SERVICES, SUCH AS EMAIL, PERSONAL SCHEDULES, AND CAMPUS CALENDARS.</Description>
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        <Description>HEALTH CARE CLINICS, WITH OVER 75,000 PATIENT VISITS, PROVIDED CLINICAL TRAINING OPPORTUNITIES FOR BOTH MEDICAL STUDENTS AND RESIDENTS. OCCUPATIONAL THERAPY AND DENTAL HYGIENE ALSO PROVIDED STUDENTS WITH CLINIC EDUCATION AND TRAINING.ADDITIONAL FACTS: THE UNIVERSITY OF NEW ENGLAND'S UNIVERSITY HEALTH CARE HAS FIVE MEDICAL CLINICS IN SOUTHERN MAINE LOCATED IN PORTLAND, SACO AND BIDDEFORD. THE DENTAL HYGIENE CLINIC, A LEARNING LABORATORY FOR STUDENTS IN THE DENTAL HYGIENE PROGRAM AT THE WESTBROOK COLLEGE CAMPUS IN PORTLAND, PROVIDES LOW-COST ORAL HEALTH SERVICES TO MORE THAN 5,000 PORTLAND-AREA RESIDENTS EACH YEAR.APPROXIMATELY 40 MEDICAL STUDENTS EACH YEAR VOLUNTEER HUNDREDS OF HOURS AT THE BIDDEFORD FREE CLINIC.</Description>
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        <RelatedOrExemptFunctionIncome>566148</RelatedOrExemptFunctionIncome>
      </MiscellaneousRevenue>
      <TotalOtherRevenue>2744518</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>161816704</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>143970533</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>3521675</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticIndividuals>
        <Total>28683085</Total>
        <ProgramServices>28683085</ProgramServices>
      </GrantsToDomesticIndividuals>
      <CompCurrentOfficersDirectors>
        <Total>2723250</Total>
        <ProgramServices>2118133</ProgramServices>
        <ManagementAndGeneral>386347</ManagementAndGeneral>
        <Fundraising>218770</Fundraising>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>51861683</Total>
        <ProgramServices>47628988</ProgramServices>
        <ManagementAndGeneral>2747041</ManagementAndGeneral>
        <Fundraising>1485654</Fundraising>
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      <PensionPlanContributions>
        <Total>2693877</Total>
        <ProgramServices>2474016</ProgramServices>
        <ManagementAndGeneral>142691</ManagementAndGeneral>
        <Fundraising>77170</Fundraising>
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      <OtherEmployeeBenefits>
        <Total>7312640</Total>
        <ProgramServices>6679949</ProgramServices>
        <ManagementAndGeneral>463947</ManagementAndGeneral>
        <Fundraising>168744</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>3713806</Total>
        <ProgramServices>3410704</ProgramServices>
        <ManagementAndGeneral>196715</ManagementAndGeneral>
        <Fundraising>106387</Fundraising>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>455284</Total>
        <ProgramServices>227642</ProgramServices>
        <ManagementAndGeneral>227642</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>107847</Total>
        <ManagementAndGeneral>107847</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>109276</Total>
        <ManagementAndGeneral>109276</ManagementAndGeneral>
      </FeesForServicesLobbying>
      <Advertising>
        <Total>1036733</Total>
        <ProgramServices>954478</ProgramServices>
        <ManagementAndGeneral>30568</ManagementAndGeneral>
        <Fundraising>51687</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>4106708</Total>
        <ProgramServices>4015001</ProgramServices>
        <ManagementAndGeneral>67547</ManagementAndGeneral>
        <Fundraising>24160</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>3359004</Total>
        <ProgramServices>1679502</ProgramServices>
        <ManagementAndGeneral>1679502</ManagementAndGeneral>
      </InformationTechnology>
      <Occupancy>
        <Total>600715</Total>
        <ProgramServices>600715</ProgramServices>
      </Occupancy>
      <Travel>
        <Total>2175085</Total>
        <ProgramServices>2038648</ProgramServices>
        <ManagementAndGeneral>97076</ManagementAndGeneral>
        <Fundraising>39361</Fundraising>
      </Travel>
      <ConferencesMeetings>
        <Total>555765</Total>
        <ProgramServices>359263</ProgramServices>
        <ManagementAndGeneral>117201</ManagementAndGeneral>
        <Fundraising>79301</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>5037959</Total>
        <ProgramServices>4781225</ProgramServices>
        <ManagementAndGeneral>256734</ManagementAndGeneral>
      </Interest>
      <DepreciationDepletion>
        <Total>4461031</Total>
        <ProgramServices>4233697</ProgramServices>
        <ManagementAndGeneral>227334</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>819623</Total>
        <ProgramServices>210439</ProgramServices>
        <ManagementAndGeneral>609184</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>OUTSIDE SERVICES</Description>
        <Total>4838036</Total>
        <ProgramServices>1811911</ProgramServices>
        <ManagementAndGeneral>2952598</ManagementAndGeneral>
        <Fundraising>73527</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SOFTWARE AND SMALL EQUI</Description>
        <Total>4353948</Total>
        <ProgramServices>3634135</ProgramServices>
        <ManagementAndGeneral>710842</ManagementAndGeneral>
        <Fundraising>8971</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>UTILITIES</Description>
        <Total>4238150</Total>
        <ProgramServices>4004290</ProgramServices>
        <ManagementAndGeneral>221229</ManagementAndGeneral>
        <Fundraising>12631</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ROOM AND BOARD</Description>
        <Total>3266887</Total>
        <ProgramServices>3266887</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>REPAIRS AND MAINTENANCE</Description>
        <Total>2264895</Total>
        <ProgramServices>2153820</ProgramServices>
        <ManagementAndGeneral>111075</ManagementAndGeneral>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>10108992</Total>
        <ProgramServices>9719715</ProgramServices>
        <ManagementAndGeneral>216192</ManagementAndGeneral>
        <Fundraising>173085</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>148884279</Total>
        <ProgramServices>134686243</ProgramServices>
        <ManagementAndGeneral>11678588</ManagementAndGeneral>
        <Fundraising>2519448</Fundraising>
      </TotalFunctionalExpenses>
      <SavingsAndTempCashInvestments>
        <BOY>30531980</BOY>
        <EOY>39238483</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>7500198</BOY>
        <EOY>10584723</EOY>
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      <AccountsReceivable>
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        <EOY>4333430</EOY>
      </AccountsReceivable>
      <OtherNotesLoansReceivableNet>
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        <EOY>15481815</EOY>
      </OtherNotesLoansReceivableNet>
      <PrepaidExpensesDeferredCharges>
        <BOY>1098096</BOY>
        <EOY>1524005</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>209397342</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>60177312</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>139805764</BOY>
        <EOY>149220030</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>25360434</BOY>
        <EOY>31408080</EOY>
      </InvestmentsPubTradedSecurities>
      <OtherAssetsTotal>
        <BOY>19699144</BOY>
        <EOY>7375091</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>243787760</BOY>
        <EOY>259165657</EOY>
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      <AccountsPayableAccruedExpenses>
        <BOY>16102927</BOY>
        <EOY>15935189</EOY>
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      <GrantsPayable>
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        <EOY>858484</EOY>
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      <DeferredRevenue>
        <BOY>6021944</BOY>
        <EOY>7335672</EOY>
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      <TaxExemptBondLiabilities>
        <BOY>116179858</BOY>
        <EOY>113497120</EOY>
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      <MortNotesPyblSecuredInvestProp>
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        <EOY>2346209</EOY>
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      <OtherLiabilities>
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        <EOY>10720318</EOY>
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      <TotalLiabilities>
        <BOY>152233947</BOY>
        <EOY>150692992</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>58556808</BOY>
        <EOY>74269902</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>10177817</BOY>
        <EOY>11107549</EOY>
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      <PermanentlyRestrictedNetAssets>
        <BOY>22819188</BOY>
        <EOY>23095214</EOY>
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      <TotalNetAssetsFundBalances>
        <BOY>91553813</BOY>
        <EOY>108472665</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>243787760</BOY>
        <EOY>259165657</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>12932425</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>3986427</ReconcilationOtherChanges>
      <InfoInScheduleOPartXII>X</InfoInScheduleOPartXII>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>1</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>1</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleC documentId="RetDoc1039700001">
      <Volunteers>0</Volunteers>
      <PaidStaffOrManagement>0</PaidStaffOrManagement>
      <MediaAdvertisements>0</MediaAdvertisements>
      <MailingsMembers>0</MailingsMembers>
      <PublicationsOrBroadcast>0</PublicationsOrBroadcast>
      <GrantsOtherOrganizations>0</GrantsOtherOrganizations>
      <DirectContactLegislators>1</DirectContactLegislators>
      <DirectContactLegislatorsAmount>109276</DirectContactLegislatorsAmount>
      <RalliesDemonstrations>0</RalliesDemonstrations>
      <OtherActivities>0</OtherActivities>
      <TotalLobbyingExpendituresIIB>109276</TotalLobbyingExpendituresIIB>
      <NotDescribedIn501c3>0</NotDescribedIn501c3>
      <Form990ScheduleCPartIV>
        <Identifier>EXPLANATION OF OTHER LOBBYING ACTIVITIES:</Identifier>
        <ReturnReference>PART II-B, LINE 1I:</ReturnReference>
        <Explanation>SEEKING EDUCATIONAL GRANT FUNDS.</Explanation>
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    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="RetDoc1039900001">
      <ProtectionOfNaturalHabitat>X</ProtectionOfNaturalHabitat>
      <TotalNumberOfEasements>2</TotalNumberOfEasements>
      <TotalAcreage>21.00</TotalAcreage>
      <NmbrEasementsModified>0</NmbrEasementsModified>
      <NmbrStatesInWhichEasementsHeld>1</NmbrStatesInWhichEasementsHeld>
      <WrittenPolicyMonitoring>0</WrittenPolicyMonitoring>
      <ArtPublicExhibitionAmts>
        <AssetsInPartX>193567</AssetsInPartX>
      </ArtPublicExhibitionAmts>
      <CollectUsedForPublicExhibition>X</CollectUsedForPublicExhibition>
      <CollectUsedForScholarResearch>X</CollectUsedForScholarResearch>
      <CollectUsedForPreservation>X</CollectUsedForPreservation>
      <CollectUsedForLoanOrExchPrgrms>X</CollectUsedForLoanOrExchPrgrms>
      <SolicitedAssetsForSale>0</SolicitedAssetsForSale>
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        <BeginningOfYearBalance>23369720</BeginningOfYearBalance>
        <Contributions>546191</Contributions>
        <InvestmentEarningsOrLosses>5586895</InvestmentEarningsOrLosses>
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        <EndOfYearBalance>28493638</EndOfYearBalance>
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        <Contributions>682404</Contributions>
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        <GrantsOrScholarships>436000</GrantsOrScholarships>
        <OtherExpenditures>858241</OtherExpenditures>
        <EndOfYearBalance>23369720</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>28622866</BeginningOfYearBalance>
        <Contributions>151746</Contributions>
        <InvestmentEarningsOrLosses>-7539081</InvestmentEarningsOrLosses>
        <EndOfYearBalance>21235531</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <BoardDesignatedEOYBalance>0.06180</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.93820</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>1</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <Land>
        <OtherCostOrOtherBasis>2995529</OtherCostOrOtherBasis>
        <BookValue>2995529</BookValue>
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      <Buildings>
        <OtherCostOrOtherBasis>178983563</OtherCostOrOtherBasis>
        <Depreciation>44879617</Depreciation>
        <BookValue>134103946</BookValue>
      </Buildings>
      <Equipment>
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        <Depreciation>14691983</Depreciation>
        <BookValue>5537964</BookValue>
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      <OtherLandBuildings>
        <OtherCostOrOtherBasis>7188303</OtherCostOrOtherBasis>
        <Depreciation>605712</Depreciation>
        <BookValue>6582591</BookValue>
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      <TotalOfBookValueLandBuildings>149220030</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>CSV LIFE INSURANCE</Description>
        <BookValue>128104</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CASH HELD BY BOND TRUSTEE</Description>
        <BookValue>4825422</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>BOND ISSUANCE COSTS</Description>
        <BookValue>2421565</BookValue>
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      <TotalBookValueOtherAssets>7375091</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>OTHER LIABILITIES</Description>
        <Amount>10683814</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>INTEREST RATE SWAP LIABILITY</Description>
        <Amount>36504</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>10720318</TotalOfAmounts>
      <TotalRevenue>161816704</TotalRevenue>
      <TotalExpenses>148884279</TotalExpenses>
      <ExcessOrDeficitForYear>12932425</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>3986427</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>3986427</TotalAdjustments>
      <ExcessOrDeficitPerFS>16918852</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>137315138</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>3986427</NetUnrealizedGainsInvestments>
      <OtherRevenues>195092</OtherRevenues>
      <RevenueNotRptdF990>4181519</RevenueNotRptdF990>
      <RevenueSubtotal>133133619</RevenueSubtotal>
      <OtherRevenuesNotIncluded>28683085</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>28683085</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>161816704</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>120396286</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>195092</OtherExpensesIncluded>
      <ExpensesNotRptdF990>195092</ExpensesNotRptdF990>
      <ExpensesSubtotal>120201194</ExpensesSubtotal>
      <OtherExpensesNotIncluded>28683085</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>28683085</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>148884279</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <ReturnReference>PART III, LINE 1A:</ReturnReference>
        <Explanation>THE POLICY OF NOT REPORTING WORKS OF ART IS NOT PRESENT IN THE FINANCIAL STATEMENTS.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <ReturnReference>PART III, LINE 4:</ReturnReference>
        <Explanation>THE UNIVERSITY HOUSES THE MAINE WOMEN WRITERS COLLECTION OF LITERATURE. THERE IS ALSO AN ART GALLERY THAT EXHIBITS PAINTING AND OTHER WORKS OF ART. THESE COLLECTIONS AND EXHIBITS FURTHER THE LIBERAL ARTS CURRICULUM AND SCHOLARLY ACTIVITIES.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>PART V, LINE 4: THE UNIVERSITY USES INCOME FROM ITS ENDOWMENT IN ACCORDANCE WITH THE DONORS' WISHES. MOST OF THE DONOR RESTRICTED INCOME IS FOR STUDENT SCHOLARSHIPS. IF THE DONOR MAKES NO RESTRICTIONS OR IF THE ENDOWMENT IS BOARD CREATED, THE INCOME IS USED FOR SCHOLARSHIPS AND/OR GENERAL USE.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE (CODE) SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO FEDERAL INCOME TAX. FASB ASC TOPIC 740, INCOME TAXES (FORMERLY STATEMENT OF FINANCIAL ACCOUNTING STANDARDS (SFAS) NO. 109, ACCOUNTING FOR INCOME TAXES AND FASB INTERPRETATION 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX BENEFITS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC TOPIC 740 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BASED ON ITS ANALYSIS, THE UNIVERSITY HAS DETERMINED THAT THE ADOPTION OF ASC 740 DOES NOT HAVE A MATERIAL IMPACT TO ITS FINANCIAL STATEMENTS. HOWEVER, THE UNIVERSITY'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, FURTHER IMPLEMENTATION GUIDANCE EXPECTED FROM FASB AND ON-GOING ANALYSES OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>RENTAL INCOME AND EXPENSES NETTED 183,089. FUND RAISING EVENTS NETTED 12,003.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>SCHOLARSHIPS 28,683,085.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>RENTAL INCOME AND EXPENSES NETTED 183,089. FUND RAISING EVENTS NETTED 12,003.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>SCHOLARSHIPS 28,683,085.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc1040400001">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>1</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION</Identifier>
        <ReturnReference>SCHEDULE E, PART I, LINE 3</ReturnReference>
        <Explanation>PUBLICIZED IN EMPLOYMENT ADS, BROCHURES, CATALOGS, ETC.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE</Identifier>
        <ReturnReference>SCHEDULE E, PART I, LINE 6</ReturnReference>
        <Explanation>THE UNIVERSITY RECEIVES TITLE IV AND TITLE VII EDUCATIONAL ASSISTANCE FOR ITS STUDENTS.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleF documentId="RetDoc1040500001">
      <AcctsActvsOutUSTable>
        <Region>MIDDLE EAST</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>12</NumberOfEmployees>
        <TypeOfActivitiesConducted>PROGRAM SERVICES.</TypeOfActivitiesConducted>
        <SpecificServicesProvided>EDUCATIONAL COURSES OFFERED TO ISRAELI NURSING STUDENTS.</SpecificServicesProvided>
        <TotalExpenditures>285241</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <SubtotalNumberOfOffices>0</SubtotalNumberOfOffices>
      <SubtotalNumberOfEmployees>12</SubtotalNumberOfEmployees>
      <ContNumberOfOffices>0</ContNumberOfOffices>
      <ContNumberOfEmployees>0</ContNumberOfEmployees>
      <TotalNumberOfOffices>0</TotalNumberOfOffices>
      <TotalNumberOfEmployees>12</TotalNumberOfEmployees>
      <SubtotalAmountSpent>285241</SubtotalAmountSpent>
      <ContAmountSpent>0</ContAmountSpent>
      <TotalAmountSpent>285241</TotalAmountSpent>
      <TransferToForeignCorp>0</TransferToForeignCorp>
      <InterestInForeignTrust>0</InterestInForeignTrust>
      <OwnForeignCorp>0</OwnForeignCorp>
      <PassiveForeignInvestCo>0</PassiveForeignInvestCo>
      <ForeignPartnership>0</ForeignPartnership>
      <BoycottCountries>0</BoycottCountries>
      <Form990ScheduleFPartV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:</Identifier>
        <Explanation>SCHEDULE F, PART I, LINE 2: THE UNIVERSITY HAD PROGRAM REVENUE FROM ISRAEL COLLEGE. THE UNIVERSITY TAUGHT ISRAELI COLLEGE NURSING STUDENTS VARIOUS LIBERAL ARTS COURSES IN ISRAEL.</Explanation>
      </Form990ScheduleFPartV>
      <Form990ScheduleFPartV>
        <Identifier>METHOD USED TO ACCCOUNT FOR EXPENDITURES:</Identifier>
        <Explanation>SCHEDULE F, PART I, LINE 3: ACCRUAL</Explanation>
      </Form990ScheduleFPartV>
    </IRS990ScheduleF>
    <IRS990ScheduleG documentId="RetDoc1041300001">
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        <TermOfGIC>20.000000000000</TermOfGIC>
        <RegulatorySafeHarborSatisfied>1</RegulatorySafeHarborSatisfied>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
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      <Form990ScheduleKPartIV>
        <Form8038TFiled>0</Form8038TFiled>
        <VariableRateIssue>0</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>0</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>1</GrossProceedsInvestedInGIC>
        <NameOfGICProvider>
          <BusinessNameLine1>FSA</BusinessNameLine1>
        </NameOfGICProvider>
        <TermOfGIC>30.000000000000</TermOfGIC>
        <RegulatorySafeHarborSatisfied>1</RegulatorySafeHarborSatisfied>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
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    </IRS990ScheduleK>
    <IRS990ScheduleK documentId="RetDoc1053100002">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>010314384</IssuerEIN>
        <CUSIPNumber>560525Z78</CUSIPNumber>
        <DateIssued>2008-06-19</DateIssued>
        <IssuePrice>24605000</IssuePrice>
        <DescriptionOfPurpose>AUTHORITY 2008C, ACADEMIC BLDS. SCHOOL OF PHARMACY</DescriptionOfPurpose>
        <Defeased>0</Defeased>
        <OnBehalfOfIssuer>0</OnBehalfOfIssuer>
        <PoolFinancing>0</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>010314384</IssuerEIN>
        <CUSIPNumber>560427GE0</CUSIPNumber>
        <DateIssued>2010-11-17</DateIssued>
        <IssuePrice>28650000</IssuePrice>
        <DescriptionOfPurpose>AUTHORITY 2009A, RESIDENCE HALL AND SYNTHETIC TURF FIELD</DescriptionOfPurpose>
        <Defeased>0</Defeased>
        <OnBehalfOfIssuer>0</OnBehalfOfIssuer>
        <PoolFinancing>0</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <TotalProceeds>24013353</TotalProceeds>
        <AmountInReserveFund>1517200</AmountInReserveFund>
        <IssuanceCostsFromProceeds>222163</IssuanceCostsFromProceeds>
        <CapitalExpenditures>21407408</CapitalExpenditures>
        <AmountUnspent>274382</AmountUnspent>
        <YearOfSubstCompletion>2008</YearOfSubstCompletion>
        <CurrentRefunding>0</CurrentRefunding>
        <AdvanceRefunding>0</AdvanceRefunding>
        <FinalAllocationMade>0</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>1</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartII>
        <TotalProceeds>28778825</TotalProceeds>
        <AmountInReserveFund>1920350</AmountInReserveFund>
        <IssuanceCostsFromProceeds>271900</IssuanceCostsFromProceeds>
        <CapitalExpenditures>25237306</CapitalExpenditures>
        <AmountUnspent>162910</AmountUnspent>
        <YearOfSubstCompletion>2009</YearOfSubstCompletion>
        <CurrentRefunding>0</CurrentRefunding>
        <AdvanceRefunding>0</AdvanceRefunding>
        <FinalAllocationMade>0</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>1</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>0</OwningBondFinancedProperty>
        <AnyLeaseArrangements>0</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>0</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>0</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>1</BondCounselRoutinelyEngaged>
        <PostIssuanceComplianceProcdrs>1</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>0</OwningBondFinancedProperty>
        <AnyLeaseArrangements>0</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>0</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>0</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>1</BondCounselRoutinelyEngaged>
        <PostIssuanceComplianceProcdrs>1</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
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        <Form8038TFiled>0</Form8038TFiled>
        <VariableRateIssue>0</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>0</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>0</GrossProceedsInvestedInGIC>
        <NameOfGICProvider>
          <BusinessNameLine1>GE FUNDING CAPITAL</BusinessNameLine1>
        </NameOfGICProvider>
        <TermOfGIC>30.000000000000</TermOfGIC>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
      </Form990ScheduleKPartIV>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>0</Form8038TFiled>
        <VariableRateIssue>0</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>0</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>0</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <Form990ScheduleLPartIII>
        <NameOfInterestedPerson>INTERESTED PERSON</NameOfInterestedPerson>
        <RelationshipWithOrganization>FAMILY MEMBER OF INTERESTED PERSON</RelationshipWithOrganization>
        <AmountOfGrant>33980</AmountOfGrant>
        <TypeOfAssistance>TUITION EXCHANGE PROGRAM BENEFIT</TypeOfAssistance>
      </Form990ScheduleLPartIII>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>PRIOR TO FILING, THE 990 IS REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE OF THE BOARD AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST REPORT ON AN ANNUAL BASIS. THE REPORTS ARE REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE, WHO, IN TURN, COMMUNICATES ANY CONFLICTS TO THE FULL BOARD. SHOULD AN ISSUE ARISE IN WHICH A BOARD MEMBER OR KEY EMPLOYEE HAS A CONFLICT, THE INDIVIDUAL IS REQUIRED TO RECUSE THEMSELVES FROM ANY AND ALL ACTIVITIES RELATED TO THE CONFLICT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>THE UNIVERSITY HIRED AN OUTSIDE CONSULTING FIRM AND CREATED A COMPENSATION COMMITTEE TO MAKE EVERY EFFORT TO ENSURE THAT THE PRESIDENT'S COMPENSATION IS REASONABLE, FAIR AND EQUITABLE. MINUTES ARE KEPT FOR THE COMPENSATION COMMITTEE MEETINGS. THE PRESIDENT'S COMPENSATION IS ALSO APPROVED BY THE FULL BOARD. THE PRESIDENT OF THE UNIVERSITY SETS SALARIES FOR KEY EXECUTIVES AND ANNUALLY REVIEWS INDEPENDENT SALARY DATA FROM SIMILAR INSTITUTIONS TO ENSURE THAT SALARIES AND WAGES ARE WITHIN THE APPROPRIATE RANGE. CONTEMPORANEOUS DOCUMENTATION OF THIS PROCESS IS MAINTAINED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 18</ReturnReference>
        <Explanation>INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG. INFORMATION IS FORWARDED TO ANYONE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIALS ARE AVAILABLE IN THE LIBRARY OR ON THE WEB. THE WEBSITE IS WWW.GUIDESTAR.ORG.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED GAINS ON INVESTMENTS: 3,986,427.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>LINE 2C-DOES ORGANIZATION HAVE A COMMITTEE THAT ASSUMES OVERSIGHT OF AUDIT?</Identifier>
        <ReturnReference>FORM 990 PAGE 11 PART XI LINE 2C</ReturnReference>
        <Explanation>THERE HAVE BEEN NO CHANGES IN THE COMMITTEE'S RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>MISSION AND CORE VALUES STATEMENT:</Identifier>
        <ReturnReference>FORM 990 PAGE 2, PART III-ORGANIZATION'S MISSION-CONTINUED</ReturnReference>
        <Explanation>CORE VALUES STATEMENT THE UNIVERSITY OF NEW ENGLAND VALUES STUDENT-CENTERED, MULTI-DISCIPLINARY AND INTERDISCIPLINARY PROGRAMS THAT MEET THE HIGHEST ETHICAL STANDARDS TO ACHIEVE EXCELLENCE IN SUPPORT OF AN INTEGRATIVE APPROACH TO THE LIBERAL ARTS, HEALTH AND THE ENVIRONMENT, AS WELL AS SCHOLARSHIP AND RESEARCH. STUDENT CENTERED *PERSONAL CONTACT WITH COMMUNITY *GENUINE PERSONAL RELATIONSHIPS *EXPERIENTIAL LEARNING *LIFE-LONG LEARNING EXCELLENCE AND INNOVATION *QUALITY ACADEMICS *RESPECT FOR NEW IDEAS *CRITICAL THINKING *ENTREPRENEURIAL *AGILITY AND FLEXIBILITY INTERDISCIPLINARY *INTEGRATION *SEEK CONNECTIONS ACROSS DISCIPLINES INTEGRITY AND ETHICAL BEHAVIOR *HONESTY, RESPECT, TRUST *ACADEMIC FREEDOM GLOBAL COMMUNITY &amp; DIVERSITY *EMBRACE &amp; LEARN FROM DIVERSITY *SERVICE &amp; CIVIC ENGAGEMENT *SOCIAL JUSTICE *NON-DISCRIMINATORY HEALTH AND WELLNESS *WHOLE PERSON WELLNESS *OSTEOPATHIC HEALING *INTEGRATIVE HEALTH CARE ENVIRONMENTAL STEWARDSHIP *HEALTHY ENVIRONMENTS *SUSTAINABILITY SCHOLARSHIP AND RESEARCH *CREATE NEW KNOWLEDGE *COLLABORATION</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>