2012-04-17T16:15:11-07:00 2011-05-31 990 2010-06-01 590624440 Rollins College ROLL 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 32789 Jeffrey G Eisenbarth 2012-04-17 2010 2016-02-24 21:20:13Z 401383458 false false X www.rollins.edu X 1885 FL Education and public service mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values and ideals. Our guiding principles are excellence, innovation and community.We provide opportunities for students and the community to explore diverse intellectual, spiritual and aesthetic traditions. We are dedicated to scholarship, academic achievement, creative accomplishment, cultural enrichment, social resonsibility and environmental stewardship. 31 30 2219 700 69549 7341780 19655405 106190500 107699382 6911772 19182713 1178550 1663265 121622602 148200765 28053563 30617135 0 56910516 59134072 99151 90469 4419159 43960654 50226685 129023884 140068361 -7401282 8132404 515994640 564474502 125718139 124314302 390276501 440160200 Education and public service mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values and ideals. Our guiding principles are excellence, innovation and community.We provide opportunities for students and the community to explore diverse intellectual, spiritual and aesthetic traditions. We are dedicated to scholarship, academic achievement, creative accomplishment, cultural enrichment, social resonsibility and environmental stewardship. false false 98231066 30617135 91718744 Rollins College provided liberal arts and graduate educational courses to 3,226 students who took a combined 97,412 credit hours of classes; a total of 610 undergraduate and 314 graduate degrees were awarded; and a variety of other educational and cultural programs were offered to the community during the fiscal year ended May 31, 2011. 20961474 15980638 Rollins College operated various auxiliary enterprises including dining, housing and bookstore services for the convenience and well-being of its students, faculty and staff. 119192540 true true false false false false false true false true true false false false true true false true true true true false true true true false false false true true true false false false false false false false false true false true false false false true false false false false false true 4685 0 true 2219 true true true true AS false false false true true true true false 0 false false false false false false false false false false false X 31 30 false false false false false false false true true false true true true true true true true true true true false false FL X X William Short 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 Winifred M Warden 2.00 X 0 0 0 William Short 50.00 X 118839 0 34417 William H Bieberbach 2.00 X 0 0 0 Victor A Zollo Jr 2.00 X X 0 0 0 Toni Jennings 2.00 X 0 0 0 Thomas G Kuntz 2.00 X 0 0 0 Theodore B Alfond 2.00 X 0 0 0 Susan Whealler Johnston 2.00 X 0 0 0 Samuel M Hocking Jr 2.00 X 0 0 0 Ronald Piccolo 50.00 X 175888 0 35472 Ronald G Gelbman 2.00 X 0 0 0 Roger Casey 50.00 X 132041 0 15533 Robert L Cook 50.00 X 100533 0 27821 Robert B Ourisman Sr 2.00 X 0 0 0 Rick Goings 2.00 X 0 0 0 R Michael Strickland 2.00 X 0 0 0 Philip Tiedtke 2.00 X 0 0 0 Michael Maher 2.00 X 0 0 0 Mark Johnston 50.00 X 248947 0 35588 Lorraine M Kyle 60.00 X 120046 0 29022 Lewis M Duncan Ph D 80.00 X X 379187 0 162700 Leslie Rose 40.00 X 44598 0 15358 Laurie M Joyner 50.00 X 177832 0 32243 Kurt M Wells 2.00 X 0 0 0 Jordan Singleton 0.00 X 222993 0 32584 Jon W Fuller 2.00 X 0 0 0 John C Myers III 2.00 X 0 0 0 Jeffrey G Eisenbarth 50.00 X 260448 0 36835 James Gerhardt 50.00 X 227954 0 40329 James E Chanin 2.00 X 0 0 0 Harold A Ward III 2.00 X X 0 0 0 Halil Kiymaz 50.00 X 216958 0 31545 Greg Marshall 50.00 X 184947 0 82293 Francis H Barker 2.00 X 0 0 0 F Duane Ackerman 2.00 X X 0 0 0 Erin Wallace 2.00 X 0 0 0 Donna Tucker 40.00 X 15598 0 7063 Dominick Cavouto 2.00 X 0 0 0 Dianne Rice 2.00 X 0 0 0 David H Lord 2.00 X X 0 0 0 David Erdmann 50.00 X 177573 0 31108 Craig McAllaster 50.00 X 214590 0 38155 Clay M Biddinger 2.00 X 0 0 0 Bruce A Beal 2.00 X 0 0 0 Barbara Ray 2.00 X 0 0 0 Andrew J Czekaj Sr 2.00 X 0 0 0 Allan E Keen 2.00 X 0 0 0 Alan H Ginsburg 2.00 X 0 0 0 3018972 688066 74 false true false SunGard Higher Education 14083 Collections Ctr Dr Chicago IL 60693 Consulting; SW maint 357420 Sanderson Asset Management Inc 250 S Wacker Dr Ste 220 Chicago IL 60606 Investment mgmt fees 187663 Royall & Company 1920 East Parham Rd Richmond VA 232282206 New student search 251629 Hammond Associates 101 S Hanley Suite 300 St Louis MO 631053406 Investment consult'g 282245 Einhorn Yaffee Prescott The Argus Bldg 412 Broadway Albany NY 12207 Architect & Engineer 177836 21 64103 153607 1106633 18331062 19655405 Student tuition 90489497 90489497 Philanthropy/oth programs 464905 464905 Museum/other admissions 126868 126868 Auxiliary income 15980638 15980638 Athletic programs 481659 481659 155815 155815 107699382 5114132 5114132 0 279325 279325 3461422 2157980 1303442 1303442 1303442 264911422 250842841 14068581 14068581 14068581 192821 153607 181872 10949 10949 0 0 Pass thru Investmt Pships 211110 69549 69549 69549 148200765 107699382 69549 20776429 0 30578385 30578385 38750 38750 0 2316244 1988966 327278 0 42581839 36453270 4049839 2078730 3265516 2729415 364556 171545 7932218 6508984 975459 447775 3038255 2444906 418966 174383 0 213379 253 213126 109725 109725 0 90469 90469 1181961 1181961 2350555 1565030 649048 136477 1323086 740274 462703 120109 5401321 4482244 632473 286604 2288729 1526128 726237 36364 9482 9482 10689360 9165603 1412078 111679 4459585 3672045 469671 317869 0 1159179 1037831 67321 54027 0 0 10361464 9919610 344177 97677 277213 157851 108297 11065 Off campus tuition,room,board 2039754 2039754 Miscellaneous 1324578 783535 518033 23010 Food purchases 4094055 4094023 32 Facility maint., repairs, supp 1498313 1227551 254792 15970 Bad debts 1264684 17616 1147068 100000 180262 362134 -181872 140068361 119192540 16456662 4419159 27644778 5101324 20845950 20761500 10105974 19616527 4501822 1356327 0 0 558564 5227587 96373 255972 2557564 2666728 240334164 90976396 147238249 149357768 285420238 341237690 0 1792244 1641185 0 15232884 17251894 515994640 564474502 8861493 8252832 2614759 2839485 80104095 79216106 24340660 24465977 9797132 9539902 125718139 124314302 X 129778812 140489282 72423195 104551998 188074494 195118920 390276501 440160200 515994640 564474502 X 8132404 41751295 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 290860985 22451930 59984368 5188499 9210918 1297271 357600595 269821869 1566480 34493471 5038509 8751046 1231280 290860985 391619076 2520986 -109426666 4911812 8546447 1433268 269821869 0.25750 0.74250 true false false 1102714 30841457 31944171 16356586 135038224 53460538 97934272 4482445 2918428 1564017 676806 20409374 15755781 5330399 163047 31263511 18841649 12584909 149357768 SWAP value liability 3736346 Rounding 1 Government advances for student loans 1398645 Capital lease payable 1088989 Annuity and life income payable 3315921 9539902 148200765 140068361 8132404 41643071 108224 41751295 49883699 161602740 43837238 181872 44019110 117583630 30617135 30617135 148200765 108451137 181872 181872 108269265 1181961 30617135 31799096 140068361 Part X Part X : FIN48 Footnote The College's policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of May 31, 2011 and, accordingly, no liability has been accrued. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $30617135 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Direct fundraising exp. reported Line 9b $181872 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $30617135 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Direct fundraising exp. reported Line 9b $181872 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in value - split interest agreements $108224 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Endowment distribution supports expenditures such as Scholarships, Professor Salaries & Faculty Development, Library Resources, the Athletic Program, the Cornell Fine Arts Museum, Academic Program Support and Plant Maintenance. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. Cornell Fine Arts Museum collection:The Cornell Fine Arts Museum (CFAM) has more than 5,000 objects from antiquity to the contemporary. Major collection works include Renaissance and Old Masters with additional strengths in landscape and portraiture and a collection of work from the Bloomsbury Circle.CFAM mission and how accomplished:CFAM educates, enriches and engages students and the public through exhibitions and an array of programs. Curatorial and educational staff members illustrate links between works of art and a variety of curricula. CFAM enhances traditional classroom learning across all disciplines with docent-led tours; teacher workshops; films; public programs including lectures by Distinguished Visiting Scholars and Artists; and other activities such as CFAMilies, an art project for children of all ages and adults to enjoy together. The museum offers free admission to all student visitors. Part III, Line 1a Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o The College does not record or capitalize its collections of works of art, historical treasures or similar assets. These collections are held for public exhibition, education and research in furtherance of the College's educational and public service mission. The collections are appropriately cared for and preserved and are subject to a College policy that requires the proceeds from sales, if any, of collection items to be used to acquire other items for the collection. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Nondiscriminatory policies are stated in advertisements soliciting student enrollment, in class schedules and in student recruiting brochures. true Europe 0 0 Program-London, U.K. Field Study 31474 Europe 0 0 Program-Pompei & Rome Alternative Spg Brk 18121 East Asia/Pacific 0 0 Program-Thailand Field Study 40046 Middle East 0 0 Program-Israel Field Study 23919 South Asia 0 0 Program-MakingLivesBetter Field Study Nepal 49500 Europe 0 0 Program-United Kingdom Field Study 19403 Central Am and Caribbean 0 0 Program-Dominican Rep Field Study 14244 Central AM and Caribbean 0 0 Program-Costa Rica Field Study 91360 Middle East and N Africa 0 0 Program-Morocco Field Study 40214 East Asia and Pacific 0 0 Program-China, Hong Kong Study Abroad 5077 Middle East 0 0 Program-Morocco Study abroad 10085 Europe 0 0 Program-Madrid, Spain Study abroad 146094 Europe 0 0 Program-Trier, Germany Study abroad 2180 Europe 0 0 Program-London, U.K. Study abroad 420911 Europe 0 0 Program-Lancaster, U.K. Affiliate program 55137 Europe 0 1 Program-Asturias, Spain Study abroad 157511 Europe 0 0 Program-Paris, France Affiliate program 40236 Europe 0 0 Program-Athens, Greece Affiliate program 35266 Europe 0 0 Program-RAP Trinity,Italy Study abroad 165579 Europe 0 0 Program-Scotland, U.K. Field study 24032 East Asia/Pacific 0 1 Program-Sydney, Australia Study abroad 395025 East Asia/Pacific 0 0 Program-Shanghai, China Study abroad 330710 East Asia/Pacific 0 0 Program-Japan Study abroad 3007 Central America/Caribb 0 0 Program-Galapagos Ecuador Field Study 30331 2 2 1952755 196707 2149462 X Scholarship Europe 2 Tuition credited to student accounts 27200 Scholarship East Asia and Pacific 2 Tuition credited to student account 11550 true false false true true false Grantmaker's Description of How Grants are Used in Foreign Country Potential grant recipients complete applications that are specific to a particular grant funding source. The Financial Aid office reviews applications to determine that eligibility requirements such as GPA, credit hours and residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts. Awards are applied as non-cash credit to student accounts receivable to further ensure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and ensuring that funds not utilized for the intended purpose are returned to the original funding program. X X X X X X X true RuffaloCODY Kirkwood N RdSW Cedar Rapi IA 52404 Telemarketing false 196580 90469 106111 196580 90469 106111 FL Starry, Starry Night 281043 106942 174101 1200 33325 2168 115463 Dr. Edward Moses Golf Tournament 65385 46665 18720 4000 14212 11504 346428 153607 192821 4000 1200 47537 2168 126967 181872 10949 true X 0 0 Scholarships - Hamilton Holt School 29 33300 Tuition & related expenses Scholarships - Crummer Graduate School 149 1905518 Tuition & related expenses Rollins grants 651 10228997 Tuition & related expenses Other assistance 67 101727 Tuition & related expenses Merit Scholarships 593 5899843 Tuition & related expenses Merit scholarships 194 291368 Laptop computers Government grants 236 301075 Tuition & related expenses Endowed Scholarships 538 6635255 Tuition & related expenses Donated Scholarships 432 443762 Tuition & related expenses Cornell Scholars 36 1573048 Tuition & related expenses Athletic grants 137 3191143 Tuition & related expenses Grantmaker's Description of How Grants are Used Potential grant recipients complete applications that are specific to a particular grant funding source. The Financial Aid office reviews applications to determine that eligibility requirements such as GPA, credit hours and residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts. Awards are applied as non-cash credit to student accounts receivable to further ensure that proceeds are utilized for the intended purposes. Enrollment data is reviewed daily by the Financial Aid office to assure that students remain enrolled. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X true true X X X X X X false false false false false false false false true true William Short 118839 12805 21612 153256 Ronald Piccolo 175888 12900 22572 211360 Mark Johnston 248947 14061 21527 284535 Lewis M Duncan Ph D 379187 24500 138200 541887 Laurie M Joyner 177832 17368 14875 210075 Jordan Singleton 222993 17060 15524 255577 Jeffrey G Eisenbarth 260448 24500 12335 297283 James Gerhardt 227954 20500 19829 268283 Halil Kiymaz 216958 12262 19283 248503 Greg Marshall 184947 14072 68221 267240 David Erdmann 177573 17425 13683 208681 Craig McAllaster 214590 21817 16338 252745 Sch J, Part I, Line 8 Part I, Line 8: Amounts reported on 990 VII pursuant to initial contract exemption described in Regs Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Orange County Educational Facilities Authority 593445650 684499BV7 2007-09-07 25581853 Acquire/construct educational facilities, equipment & land false false Higher Educational Facilities Financing Auth Rev Bonds 900058227 34073TBU0 2010-04-29 37121260 Refund 08 OCEFA/Renovate capital projects false false 435000 25581853 569012 25012841 2009 false false true true 37121260 316260 8200000 2011 true false true true false true true false false 0.00700 0.00700 true false true true false false 0.00100 0.00100 true false false false false false true false false false false false true Sudie Eisenbarth Family member 59200 Employment services false Robyn Allers Family member 13672 Employment services false Paula Hammer Family member 39132 Employment services false X 32 X 9 411599 false true false Part I, Line 33, Revenues Not Reported A zero amount was reported on Form 990, Part VIII, 'Statement of Revenues', line 1g, because Rollins College does not capitalize its Cornell Fine Arts Museum's collections as allowed under SFAS 116 (ASC 958-360-25). Form 990, Part VI, Line 1a Honorary Trustees:(a)Honorary Trustees shall be entitled to attend all meetings of the Board of Trustees and all meetings of the Executive Committee, the Finance Committee, the Education Committee, and the Development and Alumni Relations Committee, but Honorary Trustees shall not be entitled to vote at meetings of the Board or at meetings of any committee of the Board except as provided below.(b)Honorary Trustees shall be eligible for appointment or election to any standing or special committee of the Board, and if appointed or elected, they shall be entitled to vote.Executive Committee:(a)The Board of Trustees exercises its responsibility for the overall supervision of the College between meetings of the Board through its Executive Committee. The Chairman of the Board is a member of the Executive Committee and Chairman thereof. The President of the College and the Vice Chairman of the Board are members of the Executive Committee. The Secretary of the College is the Secretary of the Executive Committee and keeps a full record of all of its transactions and proceedings. The Executive Committee performs such further functions as shall be specifically delegated or authorized by the Board of Trustees at a regular or special meeting.(b)The Executive Committee will:(1)Review regularly the functions and operations of the College;(2)Review and approve recommendations by the President of the College with respect to the functions and operations of the College;(3)Carry out the functions of the Board of Trustees between meetings of the Board. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Description of published documents:Rollins College publishes its Conflict of Interest Policy on its website, which is available to the general public. The College also publishes its audited financial statements online. The College's bylaws are not published or made available to the general public. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Description of process of determining compensation of Officers and Key Employees [other than President]:Rollins College has a Compensation Committee chartered by the Board of Trustees. In addition to compensation areas related to the President, the Compensation Committee is also charged with reviewing a summary of the President's evaluation of the Vice Presidents, and reviewing and approving the President's recommendation for all elements of the compensation for the Vice Presidents. As to officers and key employees of the College below the level of Vice President, the compensation level is determined by the immediate supervisor and/or the head of the department, which is typically a Vice President or Dean of the College. In any case where the compensation approver is not a Dean or Vice President, at least two approvals are required--the immediate supervising manager and his or her manager at the next higher level. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Description of Conflict of Interest monitoring and enforcement:During the spring of each year the College canvasses all Trustees, who are asked to complete a Conflict of Interest disclosure form noting any membership(s) in for-profit boards and any not-for-profit boards. Additionally, they are asked to indicate whether they hold a 5% or greater ownership interest in these organizations. All College officers, Directors, and Key Employees are also required to complete a Conflict of Interest disclosure form. Each College staff person as identified above, also signs a statement confirming whether or not a conflict exists. A summary document (spreadsheet) is prepared by the President's Office that includes all Trustees and Officers of the College. This document is presented to and reviewed in detail by the Audit Committee, usually at the May meeting each year. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Description of Form 990 review process:A review of the full Form 990 including Schedule B is conducted by the President, CFO/VP Treasurer, AVP/Director of Finance, and Audit Committee of the Board of Trustees. Actionable questions or comments are addressed and resolved. The Form 990 including Schedule B is provided to the full Board of Trustees. Actionable questions or comments are addressed and resolved before the Form 990 is filed. Langford RCI LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 590624440 Acquire real property FL Rollins College Holt Properties LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 590624440 Acquire real property FL Rollins College false false false false false false false false false false false false false false false false false false