2012-04-16T15:48:00-05:00 2011-05-31 CLIFTONLARSONALLEN LLP 818 SECOND ST SO SUITE 320 WAITE PARK MN 56387 990 2010-06-01 410693962 MACALESTER COLLEGE MACA 6516966000 1600 GRAND AVENUE ST PAUL MN 55105 DAVID WHEATON 6516966000 2012-04-11 1 3202035500 2012-04-11 2010 2016-02-24 21:20:13Z DAVID WHEATON 1600 GRAND AVENUE ST PAUL MN 55105 213753714 0 X WWW.MACALESTER.EDU X 1874 MN MACALESTER IS A FOUR-YEAR HIGHLY-SELECTIVE LIBERAL ARTS COLLEGE. 33 33 2734 1100 0 -421489 14488257 17075969 86624353 91917849 28476550 18793766 1655087 1643353 131244247 129430937 33945231 37895550 0 0 55289325 57187761 0 0 4510284 35988079 37474302 125222635 132557613 6021612 -3126676 839235596 934013579 96204831 112522105 743030765 821491474 X MACALESTER IS COMMITTED TO BEING RECOGNIZED AS A PREEMINENT LIBERAL ARTS COLLEGE KNOWN FOR HIGH STANDARDS OF SCHOLARSHIP AND TEACHING WITH SPECIAL EMPHASIS ON INTERNATIONALISM, MULTICULTURALISM, AND SERVICE. 0 0 79050690 37818550 64893857 SEE SCHEDULE O.INSTRUCTION OF STUDENTS AND ACADEMIC SUPPORT OF INSTRUCTION: MACALESTER PREPARES STUDENTS FOR WORLD CITIZENSHIP THROUGH ITS BROAD-BASED, RIGOROUS LIBERAL ARTS EDUCATION. STUDENTS FROM 48 STATES AND MORE THAN 90 COUNTRIES EXPERIENCE AN ACADEMIC PROGRAM THAT RANKS AMONG THE TOP 30 IN THE NATION. TO SUPPORT STUDENT TEACHING AND LEARNING, MACALESTER MAINTAINS A STUDENT FACULTY RATIO OF 10:1, WITH AN AVERAGE CLASS SIZE OF 17. STUDENTS CAN CHOOSE FROM AMONG 36 MAJORS AND 35 MINORS, COMPRISED OF MORE THAN 800 COURSES. MACALESTER IS COMMITTED TO ADMITTING AN ECONOMICALLY DIVERSE STUDENT BODY AND MEETS THE FULL FINANCIAL NEED OF EVERY ADMITTED STUDENT. NEARLY TWO THIRDS OF STUDENTS STUDY ABROAD. MACALESTER'S SEVEN ACADEMIC FACILITIES AND LIBRARY BOAST STATE-OF-THE ART TECHNOLOGY, INCLUDING SCIENCE LABORATORIES, ONE LEED PLATINUM CERTIFIED BUILDING, AND A LARGE TELESCOPE. ENROLLMENT FOR FALL 2010 WAS 2,033 AND 461 STUDENTS GRADUATED DURING THE 2010-2011 FISCAL YEAR. 21796906 17893396 SEE SCHEDULE O.STUDENT SERVICES: THE CO-CURRICULAR STUDENT EXPERIENCE IS CRITICAL TO MACALESTER'S MISSION. TO SUPPORT A VIBRANT STUDENT EXPERIENCE, MACALESTER PROVIDES A RANGE OF STUDENT SERVICES AND SUPPORT. MACALESTER'S LIBRARY PROVIDES SCHOLARLY INFORMATION SERVICES AND RESOURCES ESSENTIAL TO MACALESTER'S EDUCATIONAL PROGRAM. WITH MORE THAN 100 STUDENT-RUN CLUBS AND ORGANIZATIONS, MACALESTER STUDENTS HAVE SIGNIFICANT LEADERSHIP OPPORTUNITIES. MACALESTER STUDENTS PERFORM NEARLY 50,000 HOURS OF COMMUNITY SERVICE ANNUALLY, SUPPORTED BY THE CIVIC ENGAGEMENT CENTER. EACH YEAR, MORE THAN 250 STUDENTS EARN ACADEMIC CREDIT FOR SUPERVISED INTERNSHIPS SUPPORTED BY THE INTERNSHIP OFFICE. THE CAREER DEVELOPMENT CENTER HELPS STUDENTS GAIN VALUABLE WORK EXPERIENCE AND PLAN THEIR CAREERS UPON GRADUATION. THE LEONARD CENTER ATHLETIC AND WELLNESS COMPLEX OPENED IN 2008; IT HOUSES TRAINING AND COMPETITION AREAS AND PROVIDES FITNESS AND WELLNESS PROGRAMS. MACALESTER COMPETES IN NCAA DIVISION III AND SUPPORTS 19 MEN'S AND WOMEN'S SPORTS. MORE THAN 1,100 STUDENTS PARTICIPATE IN INTRAMURAL ATHLETICS. 8714004 7153452 DORMITORIES AND DINING HALLS: MACALESTER IS A RESIDENTIAL CAMPUS, LOCATED ON 53 ACRES IN THE CENTER OF A MAJOR U.S. METROPOLITAN AREA. FIRST YEAR AND SOPHOMORE STUDENTS ARE REQUIRED TO LIVE ON CAMPUS; OVERALL TWO THIRDS OF STUDENTS LIVE ON CAMPUS. MACALESTER HAS TEN RESIDENCE HALLS, FIVE LANGUAGE HOUSES, AND FIVE THEME RESIDENCES (ECOHOUSE, CHINESE SUITE, CULTURAL HOUSE, HEBREW HOUSE, VEGGIE CO-OP). THE DINING HALL IS LOCATED IN THE CAMPUS CENTER, WHICH CREATES A VIBRANT LIVING-LEARNING COMMUNITY. LOCALLY-SOURCED ORGANIC FOODS ARE MAXIMIZED IN DINING OPERATIONS. FOOD SCRAPS ARE SENT TO A LOCAL FARM, RATHER THAN TO A LANDFILL. SUSTAINABILITY IS AN IMPORTANT PRIORITY FOR THE COLLEGE; IN RESIDENCE HALLS AND DINING HALLS, STUDENTS ARE ENCOURAGED TO REDUCE ENERGY USE. 2485465 77000 1977144 OTHER SERVICES - POST OFFICE, RESEARCH, PUBLIC SERVICES, ETC. 2485465 77000 1977144 112047065 1 1 0 1 0 0 0 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 2688 0 1 2734 1 1 1 1 AU 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X DAVID WHEATON 6516966000 1600 GRAND AVENUE ST PAUL MN 55105 PETER AHN 1.00 X 0 0 0 PAUL ANDERSON 1.00 X 0 0 0 CHARLES BERG 1.00 X 0 0 0 ANNE CRANDALL CAMPBELL 1.00 X 0 0 0 MELVIN COLLINS 1.00 X 0 0 0 JERRY CRAWFORD 1.00 X X 0 0 0 RUTH STRICKER DAYTON 1.00 X X 0 0 0 DAVID DENO 1.00 X X 0 0 0 R LAWRENCE DESSEM 1.00 X 0 0 0 MAURA DONOVAN 1.00 X 0 0 0 STEVEN EULLER 1.00 X 0 0 0 PETER FENN 1.00 X X 0 0 0 SUSAN HAIGH 1.00 X 0 0 0 TIMOTHY HART-ANDERSEN 1.00 X X 0 0 0 MICHAEL HUBER 1.00 X 0 0 0 PATRICIA HURLEY 1.00 X X 0 0 0 CARRIE NORBIN KILLORAN 1.00 X 0 0 0 MICHAEL KLINGENSMITH 1.00 X 0 0 0 JEFFREY LARSON 1.00 X 0 0 0 JOHN LAW 1.00 X X 0 0 0 MARK LEONARD 1.00 X 0 0 0 COLLIN MOTHUPI 1.00 X 0 0 0 LEE NYSTROM 1.00 X 0 0 0 PAUL OLSON 1.00 X 0 0 0 KATHLEEN ANGELOS PINKETT 1.00 X X 0 0 0 JAMES REISSNER 1.00 X 0 0 0 SUSAN DUNST SCHWARTZ 1.00 X 0 0 0 MICHAEL SNEED 1.00 X 0 0 0 BRUCE SOLTIS 1.00 X 0 0 0 MARK VANDER PLOEG 1.00 X 0 0 0 PER VON ZELOWITZ 1.00 X 0 0 0 JON WALTON 1.00 X 0 0 0 JO OPDYKE WILHELM 1.00 X 0 0 0 BRIAN ROSENBERG 40.00 X 505884 0 217219 DAVID WHEATON 40.00 X 211301 0 37955 THOMAS BONNER 40.00 X 220996 0 39733 KATHLEEN MURRAY 40.00 X 214858 0 30714 CRAIG AASE 36.00 X 187932 0 25572 LORNE ROBINSON 40.00 X 161928 0 16869 DIANE MICHELFELDER 40.00 X 184416 0 25450 AHMED SAMATAR 40.00 X 162349 0 22301 DAVID LANEGRAN 40.00 X 151502 0 25364 DANIEL HORNBACH 40.00 X 147963 0 27466 LAURIE HAMRE 40.00 X 143736 0 20949 2292865 0 489592 66 0 1 0 MCGOUGH CONSTRUCTION 2737 FAIRVIEW AVENUE NORTH ST PAUL MN 55113 CONSTRUCTION 4515793 BON APPETIT MGMT CO 91337 COLLECTIONS DR CHICAGO IL 60693 FOOD SERVICES 4238620 HAMMEL GREEN & ABRAHAMSON PO BOX 86 MINNEAPOLIS MN 55486 ARCHITECTS 1319722 NORTHERN TRUST 50 LASALLE STREET CHICAGO IL 60603 INVESTMENT CUSTODIAN 1304959 WORLD LEARNING INC KIPLING ROAD PO BOX 676 BRATTLEBORO VT 05302 STUDY ABROAD PROGRAM 825991 24 2628638 14447331 2094733 17075969 TUITION & FEES 611710 78675799 78675799 SALES & SERVICE OF AUX 611710 13242050 13242050 91917849 10993061 10993061 950201 634590 315611 315611 315611 90632149 293446 81390357 1734533 9241792 -1441087 7800705 7800705 811585 563297 248288 248288 MISCELLANEOUS REVENUE 900099 1079454 1079454 1079454 129430937 93245591 0 19109377 77000 77000 37818550 37818550 1870961 424369 854438 592154 42635292 34803489 5617719 2214084 3091289 2581897 344363 165029 6708206 5472998 893069 342139 2882013 2309490 396918 175605 142725 25551 117050 124 64507 64507 1304959 1304959 1829496 1126511 663919 39066 47760 31559 14174 2027 4481359 3222523 650330 608506 1374835 264681 1097562 12592 2575057 2250788 320264 4005 2058663 1633132 250920 174611 264599 184593 67095 12911 2990281 2891038 99243 6860829 5567558 1293271 283295 190184 92182 929 STUDY AWAY PROGRAMS 3734944 3734944 OTHER OUTSIDE SERVICES 3644882 2978181 607149 59552 MINOR EQUIPMENT 2111599 1526525 512698 72376 OTHER EXPENSES 1579715 1216994 362721 BOOKS, PERIODICALS, ART 1459222 1434233 10616 14373 665575 280277 365097 20201 132557613 112047065 16000264 4510284 66421426 73216527 15395945 12261843 350245 510475 5197251 5265071 174101 184752 1654154 1664570 255821156 75097060 178008604 180724096 239559454 276240908 308221737 355980628 24252679 27964709 839235596 934013579 10251676 12110282 4535996 4545428 801397 998283 69530941 82617649 314530 10770291 12250463 96204831 112522105 X 145364693 154653915 253221840 317089739 344444232 349747820 743030765 821491474 839235596 934013579 X -3126676 81587385 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 650 0 0 650 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: MACALESTER COLLEGE ENGAGES IN LOBBYING ACTIVITIES RELATED TO FUNDING OF THE MINNESOTA STATE GRANT PROGRAM. 572459775 1203062 97223301 22808234 7688303 1939927 638449674 523140564 4137481 77027500 22142081 7857812 1845877 572459775 667232010 6567898 -120521099 12385071 15906791 1846383 523140564 0.08000 0.92000 1 0 1613823 1613823 11237256 231550299 68184020 174603535 11419778 6913040 4506738 180724096 LP INTEREST IN DOM EQ 102989924 F LP INTEREST IN PRIVATE EQ 101865498 F LP INTEREST IN HEDGE FUNDS 64565336 F LP INTEREST IN REAL ESTATE 34542456 F LP INTEREST IN NAT RESOURCES 52017414 F 355980628 DEPOSITS 243694 INTEREST RATE SWAP AGREEMENT 1482611 LIAB UNDER PLANNED GIVING AGREEMENTS 8196035 ASSET RETIREMENT OBLIGATION 778959 UNAMORTIZED BOND PREMIUM 1178164 CAPITAL LEASES 371000 12250463 129430937 132557613 -3126676 79300725 2286660 81587385 78460709 210347953 79300725 2921250 82221975 128125978 1304959 1304959 129430937 131887244 634590 634590 131252654 1304959 1304959 132557613 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: MACALESTER COLLEGE USES THE EARNINGS FROM ITS ENDOWMENT FUNDS FOR SCHOLARSHIPS, PRIZES, AWARDS, LIBRARY SUPPORT, PROGRAM SUPPORT, FACULTY SUPPORT, AND RESEARCH IN ACCORDANCE WITH DONOR RESTRICTIONS WHERE APPLICABLE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON TECHNICAL MERITS. THE COLLEGE HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSES OR BENEFIT. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 1,367,579. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 3,790,234. CHANGE IN VALUE OF INTEREST RATE SWAP -205,691. CHANGE IN ACCOUNTING TREATMENT OF GRANTS RECEIVABLE -2,665,462. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 1,367,579. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 3,790,234. CHANGE IN VALUE OF INTEREST RATE SWAP -205,691. CHANGE IN ACCOUNTING TREATMENT OF GRANTS RECEIVABLE -2,665,462. RENTAL EXPENSE 634,590. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 634,590. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 MACALESTER COLLEGE PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN ITS COLLEGE CATALOG, AND ON ITS APPLICATION FOR ADMISSION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MACALESTER COLLEGE RECEIVES TITLE IV FUNDING FROM THE UNITED STATES DEPARTMENT OF EDUCATION (I.E. PELL, ACG, SMART, SEOG, FEDERAL WORK STUDY, DIRECT LOAN PROGRAM, AND PERKINS LOAN PROGRAM). EUROPE 0 0 PROGRAM SERVICE STUDY ABROAD PROGRAM 671395 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE STUDY ABROAD PROGRAM 78357 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICE ARCHAEOLOGICAL 45476 EUROPE 0 0 PROGRAM SERVICE STUDENT RECRUITMENT 19920 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE STUDENT RECRUITMENT 19920 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICE STUDENT RECRUITMENT 4427 EUROPE 0 0 PROGRAM SERVICE CLASSICS DEPT 53792 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE GRANT RESEARCH 25000 SUB-SAHARAN AFRICA - ANGOLA 0 0 PROGRAM SERVICE GRANT RESEARCH 25000 EAST ASIA AND THE PACIFIC 0 0 INVESTMENT 980000 EUROPE 0 0 INVESTMENT 1073412 0 0 0 0 0 0 918287 2078412 2996699 1 0 0 1 1 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: EXPENDITURES ARE RECORDED AS EXPENSES IN THE COLLEGE'S GENERAL LEDGER WHEN THE EXPENSES ARE INCURRED, OTHERWISE KNOWN AS THE ACCRUAL METHOD OF ACCOUNTING. ADDITIONAL INFORMATION - MANY INTERNATIONAL STUDY PROGRAMS ARE COORDINATED BY DOMESTIC ORGANIZATIONS. PAYMENTS TO THOSE ORGANIZATIONS ARE NOT INCLUDED ON SCHEDULE F. 1 DISTRICT COUNCIL 13 (UNION PARK) STE LL100 1570 CONCORDIA AVENUE SAINT PAUL MN 55104 411434829 501(C)(3) 25000 SEE PART IV - SUPPLEMENTAL INFORMATIONSUPPORT OF COMMUNITY ORGANIZING IN THE MERRIAM PARK, SNELLING-HAMLINE AND LEXINGTON-HAMLINE NEIGHBORHOODS. MACALESTER GROVELAND COMMUNITY COUNCIL 320 GRIGGS STREET SAINT PAUL MN 55105 411414691 501(C)(3) 27000 SUPPORT OF COMMUNITY ORGANIZING IN THE MACALESTER-GROVELAND NEIGHBORHOOD. NEIGHBORHOOD RECYCLING CORP DBA EUREKA RECYCLING 2828 KENNEDY STREET NE MINNEAPOLIS MN 55413 412021202 501(C)(3) 5000 SUPPORT FOR THE RESIDENTIAL ORGANICS COLLECTION PILOT PROGRAM. FAMILY TREE CLINIC 1619 DAYTON AVE STE 205 SAINT PAUL MN 55104 237133742 501(C)(3) 5000 SUPPORT OF THE DEAF & BLIND WOMEN'S HEALTH PROGRAM. NICE RIDE MINNESOTA 2834 10TH AVE S STE 3 MINNEAPOLIS MN 55407 264372592 501(C)(3) 15000 SUPPORT OF THE BIKE SHARING HUB LOCATED AT MACALESTER COLLEGE 5 0 SCHOLARSHIPS AND GRANTS TO STUDENTS 1484 37818550 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: WHEN DETERMINING THE AMOUNT OF FINANCIAL AID A STUDENT WILL RECEIVE, THE FINANCIAL AID OFFICE FIRST CALCULATES HOW MUCH THE STUDENT'S FAMILY CAN REASONABLY AFFORD. THIS CALCULATION RELIES ON TWO PRIMARY SOURCES OF INFORMATION: 1) A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA); AND 2) A FINANCIAL AID PROFILE; BOTH OF WHICH ARE COMPLETED BY THE FAMILY. THE FINANCIAL AID OFFICE AWARDS A FINANCIAL AID PACKAGE THAT FILLS THE GAP BETWEEN THE CALCULATED AMOUNT THE STUDENT'S FAMILY CAN REASONABLY AFFORD AND THE COST OF ATTENDING MACALESTER COLLEGE. OTHER INFORMATION: PART IV: SCHEDULE I PART I, LINE 2: THE COLLEGE'S HIGH WINDS FUND AWARDS SMALL GRANTS TO NEIGHBORHOOD ORGANIZATIONS WORKING TO MAKE OUR NEIGHBORHOOD A VIBRANT PLACE TO LIVE AND TO LOCAL NEIGHBORHOOD COUNCILS COMMITTED TO AREA LIVABILITY ISSUES. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT A REPORT DESCRIBING USE OF GRANT FUNDS AT LEAST ANNUALLY OR AT THE CLOSE OF A SPECIFIC PROJECT. X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 BRIAN ROSENBERG 452944 0 0 0 52940 0 149500 0 67719 0 723103 0 0 0 DAVID WHEATON 209424 0 0 0 1877 0 21993 0 15962 0 249256 0 0 0 THOMAS BONNER 218916 0 0 0 2080 0 23016 0 16717 0 260729 0 0 0 KATHLEEN MURRAY 214403 0 0 0 455 0 21481 0 9233 0 245572 0 0 0 CRAIG AASE 186949 0 0 0 983 0 18915 0 6657 0 213504 0 0 0 LORNE ROBINSON 161621 0 0 0 307 0 16162 0 707 0 178797 0 0 0 DIANE MICHELFELDER 183710 0 0 0 706 0 18652 0 6798 0 209866 0 0 0 AHMED SAMATAR 161500 0 0 0 849 0 15718 0 6583 0 184650 0 0 0 DAVID LANEGRAN 150111 0 0 0 1391 0 14058 0 11306 0 176866 0 0 0 DANIEL HORNBACH 147481 0 0 0 482 0 15331 0 12135 0 175429 0 0 0 LAURIE HAMRE 143199 0 0 0 537 0 14423 0 6526 0 164685 0 0 0 PART I, LINE 1A THE COLLEGE ONLY PAYS FOR COMPANION TRAVEL IF THE PURPOSE OF THE COMPANION'S TRIP IS RELATED TO COLLEGE BUSINESS. THE EXPENSES TOTAL: $4,365 THE COLLEGE'S PRESIDENT IS PROVIDED WITH A HOUSE AS A CONDITION OF EMPLOYMENT. THE HOUSE IS USED FOR BOTH BUSINESS AND PERSONAL PURPOSES. HOUSEKEEPING SERVICES FOR THE HOUSE ARE ALSO PROVIDED. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: BRIAN ROSENBERG, PRESIDENT $50,000 NONTAXABLE BENEFITS PERSONAL SERVICES (HOUSEKEEPING SERVICES FOR THE PRESIDENT'S HOUSE): BRIAN ROSENBERG, PRESIDENT $8,239 NONTAXABLE BENEFITS IT IS THE COLLEGE'S PRACTICE TO OFFSET THE INCOME TAX BURDEN OF DOMESTIC PARTNER BENEFITS BY GROSSING UP THE AFFECTED EMPLOYEE'S WAGES. TAX INDEMNIFICATION ADN GROSS-UP PAYMENTS: DOMESTIC PARTNER BENEFITS - TAXABLE, $3,336 PART I, LINE 4B THE COLLEGE'S PRESIDENT IS THE SOLE PARTICIPANT IN A NONQUALIFIED RETIREMENT PLAN. THE COLLEGE PLACED $125,000 IN THE PLAN DURING THE FISCAL YEAR COVERED BY THIS REPORT. CERTAIN TIME-IN-SERVICE AND PERFORMANCE REQUIREMENTS MUST BE MET FOR THE PRESIDENT TO RECEIVE THE PLAN'S ASSETS. MN HIGH EDUC FACIL AUTHO 410988525 6041518J2 2003-02-20 15300000 DORMITORY IMPROVEMENTS 0 0 0 MN HIGH EDUC FACIL AUTHO 410988525 60416HED2 2004-12-08 15955017 REFINANCE BONDS 0 0 0 MN HIGH EDUC FACIL AUTHO 410988525 2005-07-22 3059975 ADMIN/COMPUTER SYSTEM 0 0 0 MN HIGH EDUC FACIL AUTHO 410988525 60416HJJ4 2007-03-07 39470869 CONST/REFINANCE BONDS 0 0 0 15300000 300000 15000000 2004 0 0 1 1 15955017 217947 2004 1 1 1 1 3059975 59975 3000000 2006 0 0 1 1 39470869 421182 22000000 2008 1 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RBC 0.080000000000 0 1 1 FSA CAPITAL MGMT 1.080000000000 1 0 1 MN HIGH EDUC FACIL AUTHO 410988525 60416HVY7 2010-12-17 16248711 BLDG RENOVATION 0 0 0 16248711 328433 180234 2756272 12983772 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 X 27 2094733 MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE COLLEGE USES LICENSED BROKERS TO SELL AND PROCESS STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 INFORMATION FOR THE FORM 990 IS COMPILED BY COLLEGE PERSONNEL AND SUBMITTED TO THE COLLEGE'S AUDIT FIRM, WHO PREPARES A DRAFT OF THE FORM. THIS DRAFT IS REVIEWED BY THE COLLEGE'S VICE PRESIDENT FOR ADMINISTRATION AND FINANCE, ASSISTANT VICE PRESIDENT FOR FINANCE, AND ACCOUNTING MANAGER. ONCE A FINAL DRAFT OF THE FORM IS READY, EACH MEMBER OF THE BOARD OF TRUSTEES IS EMAILED A COPY FOR REVIEW. SCHEDULE B INFORMATION IS REDACTED FROM THE DRAFT PROVIDED TO THE BOARD. ALL BOARD MEMBERS ARE INSTRUCTED TO REVIEW THE FORM AND PROVIDE FEEDBACK PRIOR TO THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE SENT A CONFLICT OF INTEREST PACKET THAT INCLUDES A COPY OF THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE. COMPLETED QUESTIONNAIRES ARE RETURNED TO THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE, WHERE THEY ARE REVIEWED FOR INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IF A CONFLICT EXISTS AT ANY TIME DURING THE YEAR, THE AFFECTED BOARD MEMBER(S) MUST ABSTAIN FROM ANY DELIBERATIONS AND VOTING ON THE TOPIC TO WHICH THE CONFLICT APPLIES. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE DIRECTOR OF EMPLOYMENT SERVICES COMPILES DATA TO SUPPORT THE WORK OF THE BOARD OF TRUSTEES' SENIOR LEADERSHIP REVIEW COMMITTEE REGARDING THE COMPENSATION OF THE PRESIDENT. THE DATA IS COMPILED USING RELEVANT INDEPENDENT AND PEER GROUP SALARY SURVEYS AND IS SHARED WITH ALL MEMBERS OF THE COMMITTEE. THE COMMITTEE IS ALSO MADE AWARE OF THE PLANNED INCREASES FOR ADMINISTRATIVE STAFF AS DETERMINED THROUGH THE ANNUAL BUDGET APPROVAL PROCESS. THE COMMITTEE'S FINAL DECISION REGARDING THE PRESIDENT'S COMPENSATION IS COMMUNICATED IN WRITING FOR PROCESSING AND FILING. THE COMMITTEE ALSO RECEIVES INFORMATION REGARDING THE COMPENSATION OF THE COLLEGE'S SENIOR LEADERSHIP POSITIONS ALONG WITH RELEVANT PEER GROUP COMPARATIVE DATA. FINAL DECISIONS REGARDING THE SALARIES OF THOSE INDIVIDUALS ARE THE RESPONSIBILITY OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS ARE ACCESSIBLE BY THE PUBLIC VIA THE COLLEGE'S WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 79,300,725. CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 1,367,579. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 3,790,234. CHANGE IN VALUE OF INTEREST RATE SWAP -205,691. CHANGE IN ACCOUNTING TREATMENT OF GRANTS RECEIVABLE -2,665,462. TOTAL TO FORM 990, PART XI, LINE 5: 81,587,385. CHARITABLE REMAINDER TRUSTS (18) INVESTMENTS MN T CHARITABLE REMAINDER TRUSTS (1) INVESTMENTS CA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE REMAINDER TRUSTS R 537408 CASH