2011-05-12T13:19:16-05:00 2010-06-30 990 2009-07-01 941425570 Monterey Institute of International Studies MONT 8316473572 460 Pierce Street Monterey CA 93940 Patrick J Norton 8024435699 2011-05-13 2009 2016-02-24 21:20:13Z X Sunder Ramaswamy Segal Building Monterey CA 93940 39268000 0 X www.miis.edu X 1955 CA See Schedule O for a complete mission statement. The Monterey Institute of International Studies, a graduate school of Middlebury College, provides international professional education in areas of critical importance to a rapidly changing global community, including international policy and management, translation and interpretation, language teaching, sustainable development, and non-proliferation. We prepare students from all over the world to make a meaningful impact in their chosen fields through degree programs characterized by immersive and collaborative learning, and opportunities to acquire and apply practical professional skills. Our students are emerging leaders capable of bridging cultural, organizational, and language divides to produce sustainable, equitable solutions to a variety of global challenges. 17 16 794 0 0 0 11673912 8657325 26711439 27233219 27506 1136000 71956 438824 38484813 37465368 6370000 6968000 0 20582374 20997828 0 941424 10874543 9465539 37826917 37431367 657896 34001 52374000 0 31442000 0 20932000 0 See Schedule O for complete mission statement 0 0 11484000 26476000 Instruction represents expenses for education programs for students. Primary degrees granted are master in teaching languages, translation and interpretation, international policy and business, and public administration. 8907000 806618 Academic Support includes sponsored activities incurred in support of the educational activities for the enrolled students. 10457000 6968000 303276 Student Services and Financial Aid represent expenses incurred in the support of the enrolled students. 297000 Auxiliary support represents expenses of the facilities. 297000 31145000 1 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 1 1118 0 1 794 1 0 0 0 0 0 0 0 0 0 0 0 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DC X Jai Shankar 8316473537 460 Pierce Street Monterey CA 93940 Sunder Ramaswamy 37.50 X X 0 340628 52923 William H Kieffer II 5.00 X 0 0 0 Bernard H Schulte 5.00 X 0 0 0 David J Benjamin 1.00 X 0 0 0 Frederick M Fritz 1.00 X 0 0 0 Philip O Geier 1.00 X 0 0 0 Andrea Gabrielle 1.00 X 0 0 0 Beverly L Hamilton 1.00 X 0 0 0 David A Jones 1.00 X 0 0 0 Russell J Leng 1.00 X 0 0 0 Stephen McDonald 1.00 X 0 0 0 Victor P Micati 1.00 X 0 0 0 Jed Smith 1.00 X 0 0 0 Karen Stolley 1.00 X 0 0 0 Marna C Whittington 1.00 X 0 0 0 Alison Geballe 1.00 X 0 0 0 Michael Rawding 1.00 X 0 0 0 Barbara Burke 37.50 X 125843 0 17356 Amy Sands 37.50 X 162939 0 23330 Ernest Scalberg 37.50 X 211227 0 24034 William Potter 37.50 X 250033 0 25799 Chuanyun Bao 37.50 X 216863 0 25630 Laura Burian 37.50 X 141026 0 14496 Charles Gillen 37.50 X 200111 0 24557 James Graber 37.50 X 81623 0 17425 1308042 340628 208125 30 0 1 0 Universal Protection Service PO Box 512719 Los Angeles CA 900510719 Security Service 209051 Proserve Building Maintenance PO Box 698 Salinas CA 93902 Custodial 146028 EBSCO PO Box 92901 Los Angeles CA 900092901 Custodial 137204 3 5083508 3573817 651920 8657325 Tuition and Fees 611710 26476000 26476000 Work Study Program 611710 239245 239245 Admn Program Fee 611710 34187 34187 Student Health Ins. 611710 29844 29844 453943 453943 27233219 416000 416000 39836 39836 79945 33632 46313 46313 46313 2489000 1769000 720000 720000 720000 Transfer-Affiliates 611710 352675 352675 352675 37465368 27585894 0 1222149 6968000 6968000 648550 64855 324275 259420 16443370 13661806 2561556 220008 963062 616695 315005 31362 1835202 1563046 188558 83598 1107644 730465 344185 32994 49835 49835 96151 96151 197492 139785 57633 74 575868 289980 255243 30645 88644 59609 28991 44 602651 163287 439364 1205957 900288 272201 33468 2307 2307 57992 29057 15951 12984 1351793 26044 1325749 839446 2270 837176 323763 433 323330 Consult contracts 2075985 706184 1172906 196895 Sponsored Activity rate 1471325 1320869 150456 Other 886141 343962 512527 29652 Equipment and Rentals 600341 9166 591175 Printing & Publications 481868 438310 33278 10280 -1442020 3108582 -4550602 37431367 31145000 5344943 941424 5137000 3230000 4267000 381000 7855000 714000 19517000 9950000 235000 1088000 0 52374000 0 2230000 2842000 21525000 400000 1401000 3044000 0 31442000 0 X 237000 0 10372000 0 10323000 0 20932000 0 52374000 0 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 1 1 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: The Institute pays dues to trade associations, some of which may be used for lobbying purposes. 13098000 262000 2071000 -93000 -313000 15025000 13158000 2139000 -1780000 -33000 -386000 13098000 0.14000 0.86000 0.00000 0 1 1 0 Part V, Line 4: Description of Intended Use of Endowment Funds: The Institute's Board of Trustees approves a distribution of investment return based on the average asset value as determined at the end of the four prior calendar quarters. Calculations are performed for individual endowment funds at a rate of 4.0%. The distributions are spent according to the donor's wishes. The endowments are currently used for scholarships, prizes, professorships, special purposes, and capital projects. 1 1 1 This policy is set forth in advertisements, published brochures, and on the Monterey Institute of International Studies' website at www.miis.edu. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Students apply for and receive federal and state financial aid and professors apply for and receive government grants. 1 Russia & Newly Independent States Program ServicesProgram Services Recruiting, conferences 23776 East Asia and the Pacific Program Services Recruiting, conference 49200 Europe Program Services Recruiting, conference 71389 Middle East & North Africa Program Services Recruiting, research 17082 South Asia Program services Recruiting 14667 North America Program services Recruiting, conferences 6335 South America Program services Conference 1500 Sub-Saharan Africa Program services Recruiting, conferences 2625 Central America and the Caribbean Program Services Recruiting, conferences 550 0 0 187124 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: The Institute maintains a general ledger system to capture all cash and accrual transactions for activities of the organization. The Institute follows the accountable plan rules for all expenditures for travel inside and outside of the United States. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: accrual 1 Scholarships 876 6968000 Fair Market Value Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Disbursements in furtherance of the Institute's exempt programs are made in accordance with procedures or subject to conditions established by the Institute's governing board designated to ensure that the individuals receiving disbursements from the Institute are adequately reviewed to ensure that they are qualifying recipients. X X X 1 1 X X X 0 0 0 0 0 0 0 0 1 1 Sunder Ramaswamy 0 261343 0 0 0 79285 0 32835 0 20088 0 393551 0 0 Amy Sands 162939 0 0 0 0 0 11228 0 12102 0 186269 0 0 0 Ernest Scalberg 183083 0 0 0 28144 0 12994 0 11040 0 235261 0 0 0 William Potter 250033 0 0 0 0 0 17150 0 8649 0 275832 0 0 0 Chuanyun Bao 216231 0 0 0 632 0 14608 0 11022 0 242493 0 0 0 Laura Burian 140964 0 0 0 62 0 9759 0 4737 0 155522 0 0 0 Charles Gillen 199896 0 0 0 215 0 12960 0 11597 0 224668 0 0 0 Part I, Line 1a Part I, Line 1a: In rare cases, the Institute provides a residence for the personal use by the President for the convenience of the employer. In rare cases, the Institute provides services for President's personal benefit all of which are taxable income to the employee. The President's initial employment contract includes provisions governing the following: term of the contract, renewal/extension, duties, compensation, benefits/reimbursements, evaluation process of the president, termination, office and residence expenses, and sabbatical leave. Supplemental Information Part III The President is being paid under the initial contract. X 11 651859 Fair Market Value X various 61 61 Fair Market Value 5 0 1 0 Method for Determining Number of Contributors: Part I, Column (b): The Institute reports the number of contributions. All liabilities and net assets were transferred to President and Fellows of Middlebury College. 2010-06-30 40755000 Audited financial statement as of 6-30-10. 030179298 President & Fellows of MC Service Building Middlebury VT 05753 501(c)(3) 1 1 0 0 1 0 1 1 1 1 0 Part I, Line 2e: Sunder Ramaswamy, President, Barbara Burke, Officer, Amy Sands, Provost, Ernest Scalberg, Research Professor and Director of the GLOBE Center, William Potter, Director CNS, Chuanyun Bao, Professor, Laura Burian, Associate Professor, Charles Gillen, Project Manager - All of the above became employees of President and Fellows of Middlebury College and are working on the Monterey campus. Part I, Line 2e: Monterey Institute of International Studies will operate as an educational school under the leadership of President and Fellows of Middlebury College. All employees will transfer over to the new organization functioning in the same roles. Part I, Line 3: The financial statements for Monterey Institute were audited in consolidation with the President and Fellows of Middlebury College. The total liabilities and net assets were merged with the net assets of the college as of 6/30/10. Part I, Line 7c: President and Fellows of Middlebury College assumed the tax-exempt bonds of Monterey Institute in a manner consistent with the bond documents and, therefore, no defeasance or discharge was necessary. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by management and reviewed and approved by the Finance committee of the Institute. The Form 990 is made available to the President and Fellows of Middlebury College's full Board of Trustees at the Trustee's meeting before the return is filed. Form 990, Part VI, Section B, line 12c The Monterey Institute has an extensive Conflict of Interest policy, which requires all members of the Board of trustees, corporate officers, and senior leadership to complete the Conflict of Interest form once a year. They are completed on a fiscal year basis and are reviewed by the President and Fellows of Middlebury College's Audit Committee for any conflicts. Form 990, Part VI, Section B, line 15 On an annual basis, the President's salary is reviewed by the President of President and Fellows of Middlebury College and the Monterey Institute of International Studies chair of the board. The salary is gauged against comparable Institutions using the Chronicle of Higher Education's annual salary and compensation review. Form 990, Part VI, Section C, line 19 The Institute responds to all reasonable requests for information in a timely manner. Depending on the information requested, these requests will be fulfilled by either the President's office or the Business office. President and Fellows of Middlebury College 84 S Service Road Middlebury VT 05753 030179298 Liberal arts college - education VT 501(c)(3) 2 N/A 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0