BOWDOIN COLLEGE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BOWDOIN COLLEGE (EIN 01-0215213)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201101369349302555
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T10:03:40-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021293742 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010215213 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bowdoin College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BOWD | NameControl |
| Phone | 2077253804 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5400 College station | AddressLine1 |
| City | brunswick | City |
| State | ME | State |
| ZIP Code | 040118445 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | matthew orlando | Name |
| Title | controller | Title |
| Phone | 2077253804 | Phone |
| Date Signed | 2011-05-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6172799000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | barry mills | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5400 College station | AddressLine1 |
| City | brunswick | City |
| State | ME | State |
| ZIP Code | 040118445 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 507731000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.bowdoin.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1794 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | FOUR-YEAR PRIVATE UNDERGRADUATE LIBERAL ARTS COLLEGE | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 44 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2716 | TotalNbrEmployees |
| Total Nbr Volunteers | 750 | TotalNbrVolunteers |
| Total Gross UBI | 1160000 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1356946 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 50589000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 32109000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 88260000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 95784000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 95411000 | InvestmentIncomePriorYear |
| Investment Income Current Year | 30940000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1295000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 235555000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 158833000 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 23189000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25338000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 73589000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 73639000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 5415000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 50515000 | OtherExpensePriorYear |
| Other Expenses Current Year | 49354000 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 147293000 | TotalExpensesPriorYear |
| Total Expenses Current Year | 148331000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 88262000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10502000 | RevenuesLessExpensesCY |
| Total Assets BOY | 1085269000 | TotalAssetsBOY |
| Total Assets EOY | 1140092000 | TotalAssetsEOY |
| Total Liabilities BOY | 190882000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 192773000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 894387000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 947319000 | NetAssetsOrFundBalancesEOY |
| Mission Description | it is the mission of the college to engage students of uncommon promise in an intense full-time education of their minds, exploration of their creative faculties, and development of their social and leadership abilities, in a four-year course of study and residence that concludes with a baccalaureate degree in the liberal arts. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 132234000 | Expense |
| Grants | 25338000 | Grants |
| Revenue | 95784000 | Revenue |
| Description | THE on-campus STUDENT BODY NUMBERS APPROXIMATELY 1,750. AN ESTIMATED 120 STUDENTS STUDY AWAY ANNUALLY; 93% COMPLETE THE DEGREE WITHIN FIVE YEARS; THE STUDENT FACULTY RATIO IS 9:1; 99% OF FACULTY HAS A PH.D. OR EQUIVALENT. AS OF JUNE 30, 2010, 36,429 STUDENTS HAVE MATRICULATED AT BOWDOIN COLLEGE, AND 28,359 DEGREES IN ACADEMIC PROGRAMS HAVE BEEN AWARDED. | Description |
| Total Program Service Expense | 132234000 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 443 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2716 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Nbr Voting Governing Body Members | 44 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | matthew p orlando | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2077253804 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5400 College station | AddressLine1 |
| City | brunswick | City |
| State | ME | State |
| ZIP Code | 040118445 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| PETER M SMALL | |||||||||
| CHAIR | 12.00 | X | X | 0 | 0 | 0 | |||
| MICHELE G CYR | |||||||||
| VICE CHAIR | 6.00 | X | X | 0 | 0 | 0 | |||
| DEBORAH J BARKER | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| RONALD C BRADY | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| DAVID G BROWN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| MARIJANE L B BROWNE | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| TRACY J BURLOCK | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| MICHAEL S CARY | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| WILLIAM E CHAPMAN II | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| GERALD C CHERTAVIAN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| LEONARD W COTTON | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JEFF D EMERSON | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| MARC B GARNICK | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JOHN A GIBBONS JR | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| STEPHEN F GORMLEY | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| ALVIN D HALL | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| KAREN T HUGHES | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| BRADFORD A HUNTER | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| DENNIS J HUTCHINSON | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| WILLIAM S JANES | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| ANN H KENYON | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| GREGORY E KERR | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| MICHAEL P LAZARUS | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JAMES W MACALLEN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| LISA A MCELANEY | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JOHN F MCQUILLAN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| HENRY T A MONIZ | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| TAMARA A NIKURADSE | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JOHN S OSTERWEIS | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| SCOTT B PERPER | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JANE L PINCHIN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| ABIGAIL M PSYHOGEOS | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| LINDA H ROTH | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| GEOFFREY C RUSACK | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| HOWARD A RYAN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JOAN B SAMUELSON | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| D ELLEN SHUMAN | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JAMES E STALEY | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| SHELDON M STONE | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| JOHN J STUDZINSKI | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| ALAN R TITUS | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| PAULA M WARDYNSKI | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| DAVID P WHEELER | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| ROBERT F WHITE | |||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||||
| BARRY MILLS | |||||||||
| PRESIDENT | 40.00 | X | 393489 | 0 | 84453 | ||||
| S CATHERINE LONGLEY | |||||||||
| TREASURER | 40.00 | X | 227618 | 0 | 54998 | ||||
| WILLIAM A TORREY III | |||||||||
| SVP FOR PLANNING & DEVELOPMENT | 40.00 | 242870 | 0 | 58084 | X | ||||
| PAULA VOLENT | |||||||||
| SVP FOR INVESTMENTS | 40.00 | 719483 | 0 | 53390 | X | ||||
| CRISTLE COLLINS JUDD | |||||||||
| DEAN FOR ACADEMIC AFFAIRS | 40.00 | 198103 | 0 | 51085 | X | ||||
| MITCHEL DAVIS | |||||||||
| CHIEF INFORMATION OFFICER | 40.00 | 156621 | 0 | 38211 | X | ||||
| TIMOTHY FOSTER | |||||||||
| DEAN OF STUDENT AFFAIRS | 40.00 | 155953 | 0 | 38086 | X | ||||
| SCOTT MEIKLEJOHN | |||||||||
| DEAN OF ADMISSIONS & FIN AID | 40.00 | 151654 | 0 | 29349 | X | ||||
| CRAIG MCEWEN | |||||||||
| FACULTY | 40.00 | 165042 | 0 | 32499 | X | ||||
| BRUCE KOHORN | |||||||||
| FACULTY | 40.00 | 153399 | 0 | 43769 | X | ||||
| PATSY DICKINSON | |||||||||
| FACULTY | 40.00 | 169460 | 0 | 47858 | X | ||||
| DEWITT JOHN | |||||||||
| FACULTY | 40.00 | 154497 | 0 | 37467 | X | ||||
| ALLEN WELLS | |||||||||
| FACULTY | 40.00 | 154314 | 0 | 39987 | X | ||||
| WILLIAM SHAIN | |||||||||
| former DEAN OF ADMISSIONS & FIN AID | 0.00 | 107100 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3149603 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 609236 | TotalOtherCompensation |
| Number Individuals GT100 K | 84 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| NORTHCENTER FOOD SERVICE | |||||
| DALTON ROAD | AUGUSTA | ME | 04330 | FOOD SUPPLIER | 1772919 |
| HP CUMMINGS CONSTRUCTION INC | |||||
| PO BOX 29 | WARE | MA | 01082 | CONSTRUCTION CONTRACTOR | 1034646 |
| BABCOCK & WILCOX | |||||
| PO BOX 643957 | PITTSBURGH | PA | 15264 | CONSTRUCTION CONTRACTOR | 751320 |
| JOHNSON & JOrdan INC | |||||
| 18 MUSSEY ROAD | SCARBOROUGH | ME | 04074 | CONSTRUCTION CONTRACTOR | 683958 |
| ebsco | |||||
| 30 park road | tinton falls | NJ | 07724 | library resources | 533642 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 52 | NumberOfContractorsGT100K |
| Government Grants | 2928000 | GovernmentGrants |
| All Other Contributions | 29181000 | AllOtherContributions |
| Noncash Contributions | 2599000 | NoncashContributions |
| Total Contributions | 32109000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 611310 | 71978000 | 71978000 | |
| ROOM & BOARD | 611310 | 17880000 | 17880000 | |
| AUXILIARY ENTERPRISES | 611310 | 5926000 | 5354000 | 572000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 95784000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4216000 | TotalRevenueColumn |
| Unrelated Business Revenue | 588000 | UnrelatedBusinessRevenue |
| Exclusion | $3,628,000 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 170000 | TotalRevenueColumn |
| Exclusion | $170,000 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 375380000 | Securities |
| Other | 72000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 347855000 | Securities |
| Other | 1043000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27525000 | Securities |
| Other | -971000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26554000 | TotalRevenueColumn |
| Exclusion | $26,554,000 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158833000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 95212000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1160000 | UnrelatedBusinessRevenue |
| Exclusion | $30,352,000 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118000 | Total |
| Program Services | 118000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25118000 | Total |
| Program Services | 25118000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102000 | Total |
| Program Services | 102000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2029000 | Total |
| Program Services | 1316000 | ProgramServices |
| Management And General | 468000 | ManagementAndGeneral |
| Fundraising | 245000 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 140000 | Total |
| Fundraising | 140000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53439000 | Total |
| Program Services | 46674000 | ProgramServices |
| Management And General | 3952000 | ManagementAndGeneral |
| Fundraising | 2813000 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5724000 | Total |
| Program Services | 4940000 | ProgramServices |
| Management And General | 455000 | ManagementAndGeneral |
| Fundraising | 329000 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8522000 | Total |
| Program Services | 7362000 | ProgramServices |
| Management And General | 643000 | ManagementAndGeneral |
| Fundraising | 517000 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3785000 | Total |
| Program Services | 3266000 | ProgramServices |
| Management And General | 301000 | ManagementAndGeneral |
| Fundraising | 218000 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 413000 | Total |
| Program Services | 54000 | ProgramServices |
| Management And General | 359000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 400000 | Total |
| Management And General | 400000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 775000 | Total |
| Program Services | 620000 | ProgramServices |
| Management And General | 155000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3624000 | Total |
| Program Services | 3079000 | ProgramServices |
| Management And General | 339000 | ManagementAndGeneral |
| Fundraising | 206000 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8037000 | Total |
| Program Services | 7380000 | ProgramServices |
| Management And General | 148000 | ManagementAndGeneral |
| Fundraising | 509000 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2231000 | Total |
| Program Services | 1508000 | ProgramServices |
| Management And General | 723000 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10808000 | Total |
| Program Services | 9926000 | ProgramServices |
| Management And General | 859000 | ManagementAndGeneral |
| Fundraising | 23000 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2728000 | Total |
| Program Services | 2313000 | ProgramServices |
| Management And General | 29000 | ManagementAndGeneral |
| Fundraising | 386000 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124000 | Total |
| Program Services | 116000 | ProgramServices |
| Management And General | 6000 | ManagementAndGeneral |
| Fundraising | 2000 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6295000 | Total |
| Program Services | 5602000 | ProgramServices |
| Management And General | 693000 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10121000 | Total |
| Program Services | 9413000 | ProgramServices |
| Management And General | 708000 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 802000 | Total |
| Program Services | 682000 | ProgramServices |
| Management And General | 120000 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LIBRARY MATERIALS | 1858000 | 1858000 | ||
| BOND ADMINISTRATIVE FEE | 401000 | 357000 | 44000 | |
| DUES & MEMBERSHIPS | 206000 | 169000 | 20000 | 17000 |
| CHARITABLE CONTRIBUTION | 64000 | 32000 | 32000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 467000 | Total |
| Program Services | 229000 | ProgramServices |
| Management And General | 228000 | ManagementAndGeneral |
| Fundraising | 10000 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148331000 | Total |
| Program Services | 132234000 | ProgramServices |
| Management And General | 10682000 | ManagementAndGeneral |
| Fundraising | 5415000 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26257000 | BOY |
| EOY | 29403000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32492000 | BOY |
| EOY | 21253000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1935000 | BOY |
| EOY | 2696000 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4000 | BOY |
| EOY | 3000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7641000 | BOY |
| EOY | 7062000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1642000 | BOY |
| EOY | 1514000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2819000 | BOY |
| EOY | 2431000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 365455000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 113838000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252805000 | BOY |
| EOY | 251617000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48335000 | BOY |
| EOY | 54565000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 696843000 | BOY |
| EOY | 759630000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14496000 | BOY |
| EOY | 9918000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1085269000 | BOY |
| EOY | 1140092000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10487000 | BOY |
| EOY | 12726000 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4208000 | BOY |
| EOY | 4208000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 967000 | BOY |
| EOY | 907000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136873000 | BOY |
| EOY | 136951000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 567000 | BOY |
| EOY | 525000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12081000 | BOY |
| EOY | 8493000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25699000 | BOY |
| EOY | 28963000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190882000 | BOY |
| EOY | 192773000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159740000 | BOY |
| EOY | 171876000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 375263000 | BOY |
| EOY | 395453000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 359384000 | BOY |
| EOY | 379990000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 894387000 | BOY |
| EOY | 947319000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1085269000 | BOY |
| EOY | 1140092000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | the organization pays membership dues to organizations which may engage in lobbying activities. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 688384000 | BeginningOfYearBalance |
| Contributions | 30940000 | Contributions |
| Investment Earnings Or Losses | 73857000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 16335000 | GrantsOrScholarships |
| Other Expenditures | 21151000 | OtherExpenditures |
| Administrative Expenses | 2170000 | AdministrativeExpenses |
| End Of Year Balance | 753525000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 831460000 | BeginningOfYearBalance |
| Contributions | 36977000 | Contributions |
| Investment Earnings Or Losses | -145580000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13494000 | GrantsOrScholarships |
| Other Expenditures | 18866000 | OtherExpenditures |
| Administrative Expenses | 2113000 | AdministrativeExpenses |
| End Of Year Balance | 688384000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.09000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.91000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4345000 | OtherCostOrOtherBasis |
| Book Value | 4345000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 316936000 | OtherCostOrOtherBasis |
| Depreciation | 80056000 | Depreciation |
| Book Value | 236880000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 415000 | OtherCostOrOtherBasis |
| Depreciation | 41000 | Depreciation |
| Book Value | 374000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27134000 | OtherCostOrOtherBasis |
| Depreciation | 23107000 | Depreciation |
| Book Value | 4027000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16625000 | OtherCostOrOtherBasis |
| Depreciation | 10634000 | Depreciation |
| Book Value | 5991000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 251617000 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (8 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| EQUITIES | 132967000 | F |
| FIXED INCOME | 1408000 | F |
| absolute return-polar bear | 141744000 | F |
| absolute return-other | 246989000 | F |
| venture capital & private equity | 170897000 | F |
| real estate | 45499000 | F |
| natural resources-polar bear | 8180000 | F |
| natural resources-other | 11946000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 759630000 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| liability for post-retirement benefits | $10,840,000 |
| asset retirement obligation | $1,172,000 |
| liability for present value of life income and outside investment | $12,022,000 |
| fair value of interest rate swap | $4,929,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 28963000 | TotalOfAmounts |
| Total Revenue | 158833000 | TotalRevenue |
| Total Expenses | 148331000 | TotalExpenses |
| Excess Or Deficit For Year | 10502000 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 44125000 | NetUnrealizedGLOnInvestments |
| Other | -$1,694,000 | OtherAmount |
| Total Adjustments | 42431000 | TotalAdjustments |
| Excess Or Deficit Per FS | 52933000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 191262000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 44125000 | NetUnrealizedGainsInvestments |
| Other Revenues | 18972000 | OtherRevenues |
| Revenue Not Rptd F990 | 63097000 | RevenueNotRptdF990 |
| Revenue Subtotal | 128165000 | RevenueSubtotal |
| Other Revenues Not Included | 30668000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 30668000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 158833000 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 138330000 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 13919000 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 13919000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 124411000 | ExpensesSubtotal |
| Other Expenses Not Included | 23920000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23920000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 148331000 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 1a: | The college does not capitalize collections, primarily art objects, as they are held for public exhibition and education rather than financial gain. Any proceeds from the sale of collection items are used to acquire other items for collection. The College estimates the value of the collection to be approximately $109,000,000 at June 30, 2010. | |
| Part III, Line 4: | college collections are primarily art objects held for public exhibition and education. | |
| Part IV, Line 2b: | The College serves as The Agent institution for the Intercollegiate SRI Lanka Education Program: $517,000 SECURITY DEPOSITS ON RENTAL PROPERTIES: $8,000 | |
| Part V, Line 4: | The College's endowment is invested with the intent of balancing the goals of generating a steady, stable stream of funds to support the current operations of the College while preserving the purchasing power of the endowment to support programs and initiatives of future generations of bowdoin scholars. | Description of Intended Use of Endowment Funds: |
| PART X, LINE 2: THE COLLEGE IS EXEMPT FROM INCOME TAXES UNDER THE INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). IN FISCAL YEAR 2009, THE COLLEGE ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD ADDRESSES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ADOPTION DID NOT HAVE A MATERIAL EFFECT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS: $1,379,000 POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST: -$1,061,000 NET REALIZED AND UNREALIZED LOSS ON INTEREST RATE SWAP: -$2,012,000 PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID: -$23,920,000 NET ASSETS RELEASED FROM RESTRICTIONS: $33,919,000 INVESTMENT DISTRIBUTION - ENDOWMENT AND OTHER: $8,973,000 PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY & EQUIPMENT: -$971,000 REALIZED GAIN FROM INVESTMENTS: $27,525,000 INVESTMENT INCOME: $4,114,000 PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY & EQUIPMENT: $971,000 REALIZED GAIN FROM INVESTMENTS: -$27,525,000 INVESTMENT INCOME: -$4,114,000 NET REALIZED AND UNREALIZED LOSS ON INTEREST RATE SWAP: $2,012,000 POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST: $1,061,000 NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS: -$1,379,000 NET ASSETS RELEASED FROM RESTRICTIONS: $33,919,000 INVESTMENT DISTRIBUTION - ENDOWMENT AND OTHER: $8,974,000 PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID: $23,920,000 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE COLLEGE CATALOG CONTAINS A STATEMENT OF BOWDOIN COLLEGE'S RACIAL NON-DISCRIMINATORY POLICY. the catalog is published on-line at the college's website - www.bowdoin.edu/admissions. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | THE COLLEGE RECEIVES AID FROM THE FEDERAL GOVERNMENT IN THE FORM OF STUDENT FINANCIAL AID. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (6 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | GRANTS TO RECIPIENTS | 10000 |
| Europe (Including Iceland & Greenland) | 0 | 0 | GRANTS TO RECIPIENTS | 88000 |
| Sub-Saharan Africa | 0 | 0 | GRANTS TO RECIPIENTS | 3000 |
| Europe (Including Iceland & Greenland) | 0 | 0 | FUNDRAISING | 8000 |
| Central America and the Caribbean | 0 | 0 | INVESTMENTS | |
| Europe (Including Iceland & Greenland) | 0 | 0 | INVESTMENTS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 109000 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| FINANCIAL AID | East Asia and the Pacific | 2 | 10000 | WIRE TRANSFER |
| FINANCIAL AID | Europe (Including Iceland & Greenland) | 12 | 88000 | WIRE TRANSFER |
| FINANCIAL AID | Sub-Saharan Africa | 1 | 3000 | WIRE TRANSFER |
Form990 Schedule F Part IV Form990ScheduleFPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Procedure for Monitoring Grants Outside the U.S.: | Schedule F, Part I, Line 2: eligibility for bowdoin grant assistance is "need based," determined through analysis of income, asset and tax information submitted on the css profile, federal fafsa and federal income tax returns. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE COLLEGE does not offer merit based scholarships. THE COLLEGE MAINTAINS A FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH ESTABLISHED POLICIES AND PROCEDURES. |
| Method Used to Acccount for Expenditures: | Schedule F, Part I, Line 3: Funds are tracked separately in the organization's books and records. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|
| TOWN OF BRUNSWICK | |||||
| 28 FEDERAL STREET | BRUNSWICK | ME | 04011 | 110000 | CONTRIBUTION TO TOWN |
| TOWN OF HARPSWELL | |||||
| 263 MOUNTAIN ROAD | HARPSWELL | ME | 04079 | 8300 | CONTRIBUTION TO TOWN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID FOR UNDERGRADUATE STUDENTS | 841 | 23817668 |
| STUDENT RESEARCH FELLOWSHIPS | 299 | 676062 |
| ACADEMIC ACHIEVEMENT AND SIMILAR STUDENTS AWARDS | 158 | 225684 |
| FINANCIAL AID FOR GRADUATE STUDENTS | 74 | 399000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: eligibility for bowdoin grant assistance is "need based," determined through analysis of income, asset and tax information submitted on the css profile, federal fafsa and federal income tax returns. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE COLLEGE does not offer merit based scholarships. THE COLLEGE MAINTAINS A FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH ESTABLISHED POLICIES AND PROCEDURES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (14 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BARRY MILLS | |||||||||||||
| 381112 | 0 | 0 | 0 | 12377 | 0 | 35034 | 0 | 49419 | 0 | 477942 | 0 | 0 | 0 |
| S CATHERINE LONGLEY | |||||||||||||
| 225465 | 0 | 0 | 0 | 2153 | 0 | 32569 | 0 | 22429 | 0 | 282616 | 0 | 0 | 0 |
| WILLIAM A TORREY III | |||||||||||||
| 234187 | 0 | 0 | 0 | 8683 | 0 | 35855 | 0 | 22229 | 0 | 300954 | 0 | 0 | 0 |
| PAULA VOLENT | |||||||||||||
| 416600 | 0 | 300000 | 0 | 2883 | 0 | 35034 | 0 | 18356 | 0 | 772873 | 0 | 0 | 0 |
| CRISTLE COLLINS JUDD | |||||||||||||
| 196890 | 0 | 0 | 0 | 1213 | 0 | 26809 | 0 | 24276 | 0 | 249188 | 0 | 0 | 0 |
| MITCHEL DAVIS | |||||||||||||
| 155228 | 0 | 0 | 0 | 1393 | 0 | 23516 | 0 | 14695 | 0 | 194832 | 0 | 0 | 0 |
| TIMOTHY FOSTER | |||||||||||||
| 155462 | 0 | 0 | 0 | 491 | 0 | 20569 | 0 | 17517 | 0 | 194039 | 0 | 0 | 0 |
| SCOTT MEIKLEJOHN | |||||||||||||
| 150220 | 0 | 0 | 0 | 1434 | 0 | 22054 | 0 | 7295 | 0 | 181003 | 0 | 0 | 0 |
| CRAIG MCEWEN | |||||||||||||
| 162840 | 0 | 0 | 0 | 2202 | 0 | 24256 | 0 | 8243 | 0 | 197541 | 0 | 0 | 0 |
| BRUCE KOHORN | |||||||||||||
| 152814 | 0 | 0 | 0 | 585 | 0 | 23484 | 0 | 20285 | 0 | 197168 | 0 | 0 | 0 |
| PATSY DICKINSON | |||||||||||||
| 168175 | 0 | 0 | 0 | 1285 | 0 | 25892 | 0 | 21966 | 0 | 217318 | 0 | 0 | 0 |
| DEWITT JOHN | |||||||||||||
| 151582 | 0 | 0 | 0 | 2915 | 0 | 22753 | 0 | 14714 | 0 | 191964 | 0 | 0 | 0 |
| ALLEN WELLS | |||||||||||||
| 152860 | 0 | 0 | 0 | 1454 | 0 | 22994 | 0 | 16993 | 0 | 194301 | 0 | 0 | 0 |
| WILLIAM SHAIN | |||||||||||||
| 0 | 0 | 0 | 0 | 107100 | 0 | 0 | 0 | 0 | 0 | 107100 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 1a | According to college policy, air travel is generally reimbursed for coach airfare only. In special cases involving long distance travel, premium fares are an appropriate, reimbursable expense. PART I, LINE 1A: THE COLLEGE REQUIRES THE PRESIDENT TO LIVE ON CAMPUS IN COLLEGE-PROVIDED HOUSING. THE VALUE OF THIS BENEFIT IS INCLUDED IN PART II, COLUMN D FOR BARRY MILLS. | |
| Part I, Line 4a | WILLIAM SHAIN - $107,100 | |
| Part I, Line 7 | A KEY EMPLOYEE IN THE INVESTMENT OFFICE HAS AN INCENTIVE PERFORMANCE-RELATED BONUS BASED IN PART ON THE INVESTMENT PERFORMANCE OF THE BOWDOIN COLLEGE ENDOWMENT. | |
| Part III | PART II: A PORTION OF THE COMPENSATION AMOUNTS REPORTED FOR THOSE DENOTED WITH AN (*) IS ATTRIBUTABLE TO SUPPLEMENTAL SALARY EARNED ON EXTERNALLY-FUNDED RESEARCH AWARDS. | Supplemental Information |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| MAINE HHEFA | ||||||
| 010314384 | 560425W30 | 2008-03-24 | 20700000 | REFUND S2007 ISSUEd 6/6/2007 | 0 | 0 |
| MAINE HHEFA | ||||||
| 010314384 | 5604253p3 | 2009-05-14 | 97207250 | SEE SCHEDULE O | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount DefeasedAmountDefeased | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Capital ExpendituresCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|
| 20700000 | 20500000 | 200000 | 2009 | 1 | 0 | 1 | 1 | |
| 97207250 | 93868541 | 875830 | 2011 | 1 | 1 | 0 | 1 | 2462879 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 1 | 0 | 0 | 1 | 0.00110 | 0.00250 | 0.00360 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|
| see schedule o | |||||
| X | $2,083 | 1504 | 0 | 0 | 1 |
| see schedule o | |||||
| X | $1,705 | 1089 | 0 | 0 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 2593 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MAINE EMPLOYERS MUTUAL INS CO | |||
| SEE SCHedule o | 148000 | SEE SCH. O | 0 |
| united educators | |||
| sEE sCHedule o | 232000 | SEE SCH. O | 0 |
| pamela torrey | |||
| sEE sCHedule o | 140000 | SEE SCH. O | 0 |
| holden agency | |||
| sEE sCHedule o | 128000 | SEE SCH. O | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2112 | NumberOfContributions |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 112 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2599000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 17 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Method for Determining Number of Contributors: | Part I, Column (b): | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| Non Reporting of Revenue: | Part I, Line 33: | THE COLLEGE DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OF ART OBJECTS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | an officer and key employee are both directors at polar bear investments, llc. (SEE SCHEDULE R) | |
| Form 990, Part VI, Section B, line 11 | A DRAFT OF THE FORM 990 IS REVIEWED BY BOWDOIN OFFICERS AND BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FOLLOWING THESE REVIEWS, A PUBLIC DISCLOSURE COPY OF THE FINAL DRAFT FORM 990 IS MAILED TO THE FULL BOARD OF TRUSTEES. A COPY OF THE FINAL DRAFT SCHEDULE B IS PROVIDED TO THE CHAIRMAN AND VICE CHAIRMAN OF THE BOARD AND THE CHAIRS OF THE AUDIT COMMITTEE, DEVELOPMENT COMMITTEE AND INVESTMENT COMMITTEE OF THE BOARD. A COPY OF SCHEDULE B IS ALSO MADE AVAILABLE TO ALL BOARD MEMBERS AT A REGULARLY SCHEDULED MEETING OF THE BOARD OF TRUSTEES PRIOR TO FILING. | |
| Form 990, Part VI, Section B, line 12c | THE COLLEGE SURVEYs ANNUALLY ALL MEMBERS OF THE BOARD, ALL OFFICERS OF INSTRUCTION, AND ALL OFFICERS OF ADMINISTRATION AS TO POTENTIAL CONFLICTS OF INTEREST. THE RESULTs OF THE SURVEY ARE REPORTED TO THE AUDIT COMMITTEE AND TO THE BOARD OF TRUSTEES. | |
| Form 990, Part VI, Section B, line 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ACTING AS A COMPENSATION COMMITTEE, ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND SENIOR MANAGEMENT OFFICIALS. IN ALL CASES, THE EXECUTIVE COMMITTEE CONSIDERS COMPENSATION SURVEYS AND COMPETITIVE MARKET DATA. FOR SENIOR MANAGEMENT,THE PRESIDENT PROVIDES THE EXECUTIVE COMMITTEE WITH RECOMMENDED CHANGES TO COMPENSATION LEVELS. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| Schedule K, Part 1, Line 1, column f | REFUND PRIOR ISSUES (1995B, 1998A, 1998C, 2001C, 2003B, 2005A, 2006B) and finance construction expenditures. Issue Date 1995B 7/25/1995 1998A 3/18/1998 1998C 11/19/1998 2001C 5/15/2001 2003B 7/24/2003 2005A 8/17/2005 2006B 4/6/2006 | PURPOSE OF BOND ISSUED: |
| schedule l, PART II | THE COLLEGE OFFERS A LOAN PROGRAM TO REGULAR FULL-TIME AND PART-TIME EMPLOYEES FOR UP TO 95% OF THE COST OF COMPUTER EQUIPMENT PURCHASED FOR PERSONAL USE. ALL EMPLOYEES MUST BE PRE-APPROVED FOR A COMPUTER LOAN BY THE HUMAN RESOURCES DEPARTMENT. MONTHLY LOAN REPAYMENTS ARE MADE OVER A MAXIMUM LOAN PERIOD OF THREE YEARS. (A) NAME OF INTERESTED PERSON: Key Employee (name available upon IRS Request) (B) LOAN TO OR FROM ORGANIZATION? = FROM (C) ORIGINAL PRINCIPAL AMOUNT: $2,083 (D) BALANCE DUE: $1,504 (E) IN DEFAULT? = NO (F) APPROVED BY BOARD OR COMMITTEE? = NO (G) WRITTEN AGREEMENT? = YES (A) NAME OF INTERESTED PERSON: Highly compensated (name available upon IRS request) (B) LOAN TO OR FROM ORGANIZATION = FROM (C) ORIGINAL PRINCIPAL AMOUNT: $1,705 (D) BALANCE DUE: $1,089 (E) IN DEFAULT? = NO (F) APPROVED BY BOARD OR COMMITTEE? = NO (G) WRITTEN AGREEMENT? = YES | loans to interested persons: |
| SCHEDULE L, PART IV | (A) NAME OF PERSON: MAINE EMPLOYERS MUTUAL INSURANCE COMPANY (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: AN ENTITY OF WHICH A CURRENT OFFICER OF BOWDOIN COLLEGE SERVES AS A BOARD MEMBER. (C) AMOUNT OF TRANSACTION: $148,000 (representing premium payments) (D) DESCRIPTION OF TRANSACTION: S. catherine LONGLEY is a board member of an insurance company to which bowdoin paid premiums. (E) sharing of organization revenues? = no (A) NAME OF PERSON: UNITED EDUCATORS (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: AN ENTITY OF WHICH A CURRENT OFFICER OF BOWDOIN COLLEGE SERVES AS AN advisory board member. (C) AMOUNT OF TRANSACTION: $232,000 (representing premium payments) (D) DESCRIPTION OF TRANSACTION: S. catherine LONGLEY is an advisory board member of an insurance company to which bowdoin paid premiums. (E) sharing of organization revenues? = no (A) NAME OF PERSON: PAMELA TORREY (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $140,000 (D) DESCRIPTION OF TRANSACTION: pamela torrey is employed by the college. her compensation is set by the president. (E) sharing of organization revenues? = no (A) NAME OF PERSON: HOLDEN AGENCY (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY MORE THAN 35% OWNED BY A FAMILY MEMBER OF trustee, JOAN B. SAMUELSON (C) AMOUNT OF TRANSACTION: $128,000 (representing commissions and fees) (D) DESCRIPTION OF TRANSACTION: john r. benoit, BROTHER OF jOAN B. SAMUELSON, is the owner of holden agency to which bowdoin paid commissions and fees. (E) sharing of organization revenues? = no | BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: |
| SCHEDULE R, PART I, LINE (E): | MARKET VALUE OF END-OF-YEAR ASSETS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POLAR BEAR INVESTMENTS LLC (SEE SCH O) | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5400 college station | AddressLine1 |
| City | brunswick | City |
| State | ME | State |
| ZIP Code | 04011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | investments | PrimaryActivities |
| Legal Domicile State | ME | LegalDomicileState |
| Total Income | 69665 | TotalIncome |
| EOY Assets | 149924065 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
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