2011-05-16T10:03:40-05:00 2010-06-30 RSM MCGLADREY INC 80 CITY SQUARE BOSTON MA 021293742 990 2009-07-01 010215213 Bowdoin College BOWD 2077253804 5400 College station brunswick ME 040118445 matthew orlando 2077253804 2011-05-16 1 6172799000 2009 2016-02-24 21:20:13Z barry mills 5400 College station brunswick ME 040118445 507731000 0 X www.bowdoin.edu X 1794 ME FOUR-YEAR PRIVATE UNDERGRADUATE LIBERAL ARTS COLLEGE 44 43 2716 750 1160000 -1356946 50589000 32109000 88260000 95784000 95411000 30940000 1295000 0 235555000 158833000 23189000 25338000 0 73589000 73639000 0 5415000 50515000 49354000 147293000 148331000 88262000 10502000 1085269000 1140092000 190882000 192773000 894387000 947319000 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. 0 0 132234000 25338000 95784000 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. 132234000 1 1 0 1 0 0 1 1 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 1 443 0 1 2716 1 1 1 0 0 0 0 0 0 0 0 1 44 43 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X matthew p orlando 2077253804 5400 College station brunswick ME 040118445 PETER M SMALL 12.00 X X 0 0 0 MICHELE G CYR 6.00 X X 0 0 0 DEBORAH J BARKER 4.00 X 0 0 0 RONALD C BRADY 4.00 X 0 0 0 DAVID G BROWN 4.00 X 0 0 0 MARIJANE L B BROWNE 4.00 X 0 0 0 TRACY J BURLOCK 4.00 X 0 0 0 MICHAEL S CARY 4.00 X 0 0 0 WILLIAM E CHAPMAN II 4.00 X 0 0 0 GERALD C CHERTAVIAN 4.00 X 0 0 0 LEONARD W COTTON 4.00 X 0 0 0 JEFF D EMERSON 4.00 X 0 0 0 MARC B GARNICK 4.00 X 0 0 0 JOHN A GIBBONS JR 4.00 X 0 0 0 STEPHEN F GORMLEY 4.00 X 0 0 0 ALVIN D HALL 4.00 X 0 0 0 KAREN T HUGHES 4.00 X 0 0 0 BRADFORD A HUNTER 4.00 X 0 0 0 DENNIS J HUTCHINSON 4.00 X 0 0 0 WILLIAM S JANES 4.00 X 0 0 0 ANN H KENYON 4.00 X 0 0 0 GREGORY E KERR 4.00 X 0 0 0 MICHAEL P LAZARUS 4.00 X 0 0 0 JAMES W MACALLEN 4.00 X 0 0 0 LISA A MCELANEY 4.00 X 0 0 0 JOHN F MCQUILLAN 4.00 X 0 0 0 HENRY T A MONIZ 4.00 X 0 0 0 TAMARA A NIKURADSE 4.00 X 0 0 0 JOHN S OSTERWEIS 4.00 X 0 0 0 SCOTT B PERPER 4.00 X 0 0 0 JANE L PINCHIN 4.00 X 0 0 0 ABIGAIL M PSYHOGEOS 4.00 X 0 0 0 LINDA H ROTH 4.00 X 0 0 0 GEOFFREY C RUSACK 4.00 X 0 0 0 HOWARD A RYAN 4.00 X 0 0 0 JOAN B SAMUELSON 4.00 X 0 0 0 D ELLEN SHUMAN 4.00 X 0 0 0 JAMES E STALEY 4.00 X 0 0 0 SHELDON M STONE 4.00 X 0 0 0 JOHN J STUDZINSKI 4.00 X 0 0 0 ALAN R TITUS 4.00 X 0 0 0 PAULA M WARDYNSKI 4.00 X 0 0 0 DAVID P WHEELER 4.00 X 0 0 0 ROBERT F WHITE 4.00 X 0 0 0 BARRY MILLS 40.00 X 393489 0 84453 S CATHERINE LONGLEY 40.00 X 227618 0 54998 WILLIAM A TORREY III 40.00 X 242870 0 58084 PAULA VOLENT 40.00 X 719483 0 53390 CRISTLE COLLINS JUDD 40.00 X 198103 0 51085 MITCHEL DAVIS 40.00 X 156621 0 38211 TIMOTHY FOSTER 40.00 X 155953 0 38086 SCOTT MEIKLEJOHN 40.00 X 151654 0 29349 CRAIG MCEWEN 40.00 X 165042 0 32499 BRUCE KOHORN 40.00 X 153399 0 43769 PATSY DICKINSON 40.00 X 169460 0 47858 DEWITT JOHN 40.00 X 154497 0 37467 ALLEN WELLS 40.00 X 154314 0 39987 WILLIAM SHAIN 0.00 X 107100 0 0 3149603 0 609236 84 1 1 0 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 52 2928000 29181000 2599000 32109000 TUITION & FEES 611310 71978000 71978000 ROOM & BOARD 611310 17880000 17880000 AUXILIARY ENTERPRISES 611310 5926000 5354000 572000 95784000 4216000 588000 3628000 170000 170000 375380000 72000 347855000 1043000 27525000 -971000 26554000 26554000 158833000 95212000 1160000 30352000 118000 118000 25118000 25118000 102000 102000 2029000 1316000 468000 245000 140000 140000 53439000 46674000 3952000 2813000 5724000 4940000 455000 329000 8522000 7362000 643000 517000 3785000 3266000 301000 218000 413000 54000 359000 400000 400000 775000 620000 155000 3624000 3079000 339000 206000 8037000 7380000 148000 509000 2231000 1508000 723000 10808000 9926000 859000 23000 2728000 2313000 29000 386000 124000 116000 6000 2000 6295000 5602000 693000 10121000 9413000 708000 802000 682000 120000 LIBRARY MATERIALS 1858000 1858000 BOND ADMINISTRATIVE FEE 401000 357000 44000 DUES & MEMBERSHIPS 206000 169000 20000 17000 CHARITABLE CONTRIBUTION 64000 32000 32000 467000 229000 228000 10000 148331000 132234000 10682000 5415000 26257000 29403000 32492000 21253000 1935000 2696000 4000 3000 7641000 7062000 1642000 1514000 2819000 2431000 365455000 113838000 252805000 251617000 48335000 54565000 696843000 759630000 14496000 9918000 1085269000 1140092000 10487000 12726000 4208000 4208000 967000 907000 136873000 136951000 567000 525000 12081000 8493000 25699000 28963000 190882000 192773000 X 159740000 171876000 375263000 395453000 359384000 379990000 894387000 947319000 1085269000 1140092000 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 Part II-B, Line 1i: Explanation of Other Lobbying Activities: the organization pays membership dues to organizations which may engage in lobbying activities. X X X X 0 0 1 688384000 30940000 73857000 16335000 21151000 2170000 753525000 831460000 36977000 -145580000 13494000 18866000 2113000 688384000 0.09000 0.91000 0 0 4345000 4345000 316936000 80056000 236880000 415000 41000 374000 27134000 23107000 4027000 16625000 10634000 5991000 251617000 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 759630000 liability for post-retirement benefits 10840000 asset retirement obligation 1172000 liability for present value of life income and outside investment 12022000 fair value of interest rate swap 4929000 28963000 158833000 148331000 10502000 44125000 -1694000 42431000 52933000 191262000 44125000 18972000 63097000 128165000 30668000 30668000 158833000 138330000 13919000 13919000 124411000 23920000 23920000 148331000 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: Description of Intended Use of Endowment Funds: 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. 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 1 1 1 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. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE COLLEGE RECEIVES AID FROM THE FEDERAL GOVERNMENT IN THE FORM OF STUDENT FINANCIAL AID. 1 1 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 0 0 109000 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 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. 1 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 2 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 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: 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. X X 1 1 X X X 1 0 0 0 0 0 0 1 0 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 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. Supplemental Information 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. 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 20700000 20500000 200000 2009 1 0 1 1 97207250 93868541 875830 2462879 2011 1 1 0 1 0 1 0 0 1 0.00000 0.00000 0.00000 1 0 1 0 0 1 0.00110 0.00250 0.00360 1 0 1 0 0 0 0 see schedule o X 2083 1504 0 0 1 see schedule o X 1705 1089 0 0 1 2593 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 X 2112 X 112 2599000 FAIR MARKET VALUE 17 0 1 0 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. 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 PURPOSE OF BOND ISSUED: 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 schedule l, PART II loans to interested persons: 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 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (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 SCHEDULE R, PART I, LINE (E): MARKET VALUE OF END-OF-YEAR ASSETS. POLAR BEAR INVESTMENTS LLC (SEE SCH O) 5400 college station brunswick ME 04011 investments ME 69665 149924065 N/A