TRUSTEES OF THE COLLEGE OF THE HOLY CROSS: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: TRUSTEES OF THE COLLEGE OF THE HOLY CROSS (EIN 04-2103558)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-16
IRS object ID: 201111369349301121
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 D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T09:20:02-05:00	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	KPMG LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	60 South Street	AddressLine1
City	Boston	City
State	MA	State
ZIP Code	02111	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	042103558	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	COLLEGE OF THE HOLY CROSS	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COLL	NameControl
Phone	5087932514	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 COLLEGE STREET	AddressLine1
City	WORCESTER	City
State	MA	State
ZIP Code	016102395	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHAEL J LOCHHEAD	Name
Title	VP AND TREASURER	Title
Date Signed	2011-05-13	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	6179881000	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	MICHAEL C MCFARLAND SJ	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1 COLLEGE ST	AddressLine1
City	WORCESTER	City
State	MA	State
ZIP Code	016102395	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	349683125	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.HOLYCROSS.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1843	YearFormation
State Legal Domicile	MA	StateLegalDomicile
Activity Or Mission Description	HOLY CROSS IS A PRIVATE, JESUIT LIBERAL ARTS COLLEGE DEDICATED TO THE PURSUIT OF EXCELLENCE IN TEACHING, LEARNING, AND SERVICE OF FAITH AND PROMOTION OF JUSTICE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	35	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	32	NbrIndependentVotingMembers
Total Nbr Employees	3217	TotalNbrEmployees
Total Nbr Volunteers	250	TotalNbrVolunteers
Total Gross UBI	581262	TotalGrossUBI
Net Unrelated Business Txbl Income	-601052	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	26458088	ContributionsGrantsPriorYear
Contributions Grants Current Year	21389940	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	142842926	ProgramServiceRevenuePriorYear
Program Service Revenue CY	148835559	ProgramServiceRevenueCY
Investment Income Prior Year	-9199174	InvestmentIncomePriorYear
Investment Income Current Year	19876954	InvestmentIncomeCurrentYear
Other Revenue Prior Year	295221	OtherRevenuePriorYear
Other Revenue Current Year	271792	OtherRevenueCurrentYear
Total Revenue Prior Year	160397061	TotalRevenuePriorYear
Total Revenue Current Year	190374245	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	34604345	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	36221417	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	83929265	SalariesEtcPriorYear
Salaries Etc Current Year	82707875	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	6095789	TotalFundrsngExpCurrentYear
Other Expense Prior Year	63443721	OtherExpensePriorYear
Other Expenses Current Year	59315800	OtherExpensesCurrentYear
Total Expenses Prior Year	181977331	TotalExpensesPriorYear
Total Expenses Current Year	178245092	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-21580270	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	12129153	RevenuesLessExpensesCY
Total Assets BOY	765982790	TotalAssetsBOY
Total Assets EOY	798803213	TotalAssetsEOY
Total Liabilities BOY	225828982	TotalLiabilitiesBOY
Total Liabilities EOY	223014034	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	540153808	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	575789179	NetAssetsOrFundBalancesEOY
Mission Description	THE COLLEGE IS DEDICATED TO FORMING A COMMUNITY WHICH SUPPORTS THE INTELLECTUAL GROWTH OF ALL ITS MEMBERS WHILE OFFERING OPPORTUNITIES FOR SPIRITUAL AND MORAL DEVELOPMENT. SEE SCHEDULE O	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	151052760	Expense
Grants	36221417	Grants
Revenue	148287939	Revenue
Description	THE COLLEGE IS A COMMUNITY OF 2,897 FULL TIME AND 35 PART TIME STUDENTS FOR THE ACADEMIC YEAR ENDING MAY 2010. THE STUDENT POPULATION IS 45% MEN AND 55% WOMEN, 21% OF THE CLASS OF 2013 ARE OF AFRICAN-AMERICAN, LATIN AMERICAN, ASIAN-AMERICAN, OR NATIVE AMERICAN HERITAGE. IN 2010 THERE WERE 716 INDIVIDUALS WHO COMPLETED THEIR MATRICULATION AND RECEIVED AN A.B. DEGREE. THE COLLEGE ADMITS QUALIFIED STUDENTS BASED ON THEIR APPLICATION, HIGH SCHOOL REPORT, AND TEACHER REFERENCES. FINANCIAL ASSISTANCE WAS PROVIDED TO APPROXIMATELY 1,700 STUDENTS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	1612351	Expense
Grants	0	Grants
Revenue	547620	Revenue
Description	BASIC RESEARCH IN CHEMISTRY, PHYSICS, PSYCHOLOGY AND BIOLOGY. THE MAJORITY OF THE RESEARCH IS FUNDED BY PRIVATE GRANTS FROM FOUNDATIONS AND THE BALANCE OF THE FUNDING IS PROVIDED BY THE U.S. GOVERNMENT. PLEASE SEE SCHEDULE O FOR FURTHER DISCUSSION OF THE COLLEGE'S PROGRAM SERVICE ACCOMPLISHMENTS.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	152665111	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	true	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	true	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	true	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	true	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	4416	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	3217	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	GK	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Nbr Voting Governing Body Members	35	NbrVotingGoverningBodyMembers
Number Independent Voting Members	32	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CHARLES F ESTAPHAN	NamePerson
Telephone Number	5087932514	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1 COLLEGE STREET	AddressLine1
City	WORCESTER	City
State	MA	State
ZIP Code	016102395	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (48 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
RONALD AMIOT SJ
TRUSTEE	5.0	X	0	0	0
ROBERT ATCHINSON
TRUSTEE	5.0	X	0	0	0
JOHN F BALDOVIN SJ
TRUSTEE	5.0	X	0	0	0
PHILIP L BOROUGHS SJ
TRUSTEE	5.0	X	0	0	0
THOMAS H CAREY
TRUSTEE	5.0	X	0	0	0
GREGORY C CHISHOLM SJ
TRUSTEE	5.0	X	0	0	0
JAMES J COLLINS
TRUSTEE	5.0	X	0	0	0
P KEVIN CONDRON
TRUSTEE	5.0	X	0	0	0
MICHAEL E DANIELS
TRUSTEE	5.0	X	0	0	0
WILLIAM M DORAN JR
TRUSTEE	5.0	X	0	0	0
JANET EISNER SND
TRUSTEE	5.0	X	0	0	0
JOHN B FISHER
TRUSTEE	5.0	X	0	0	0
SARAH E FONTAINE
TRUSTEE	5.0	X	0	0	0
JOAN HOGAN GILLMAN
TRUSTEE	5.0	X	0	0	0
DAVID J GRAIN
TRUSTEE	5.0	X	0	0	0
ROBERT R GRIMES SJ
TRUSTEE	5.0	X	0	0	0
MARK G HOLOWESKO
TRUSTEE	5.0	X	0	0	0
MARY ELLEN JONES
TRUSTEE	5.0	X	0	0	0
PAUL A LA CAMERA
TRUSTEE	5.0	X	0	0	0
KATHLEEN MCLAUGHLIN LACROIX
TRUSTEE	5.0	X	0	0	0
BRIAN F LINNANE SJ
TRUSTEE	5.0	X	0	0	0
EDWARD J LUDWIG
TRUSTEE	5.0	X	0	0	0
JOHN E LUTH
TRUSTEE	5.0	X	0	0	0
JOHN J MAHONEY JR
TRUSTEE	5.0	X	0	0	0
MARY COFFEE MORAN
TRUSTEE	5.0	X	0	0	0
JONATHAN NICONCHUK
TRUSTEE	5.0	X	0	0	0
BERNADETTE M SEMPLE
TRUSTEE	5.0	X	0	0	0
PARK B SMITH
TRUSTEE	5.0	X	0	0	0
DAVID A SPINA
TRUSTEE	5.0	X	0	0	0
NANCY M TAYLOR
TRUSTEE	5.0	X	0	0	0
WILLIAM J TEUBER
TRUSTEE	5.0	X	0	0	0
HARRY K THOMAS JR
TRUSTEE	5.0	X	0	0	0
MARY MURPHY WESTOVER
TRUSTEE	5.0	X	0	0	0
DONNA M WINN
TRUSTEE	5.0	X	0	0	0
MICHAEL MCFARLAND
PRESIDENT	45.0	X	0	0	0	X
TIMOTHY AUSTIN
DEAN	45.0		210855	0	23366	X
WILLIAM DURGIN
CHEIF INVESTMENT OFFICER	45.0		335483	0	46554	X
MICHAEL LOCHHEAD
VP TREASURER	45.0		248074	0	50564	X
TIMOTHY MINES
SECRETARY, GEN COUNSEL	45.0		148478	0	25584	X
MICHAEL PERRY
VP OF DEVELOPMENT	45.0		259199	0	34267	X
JACKIE PETERSON
DEAN OF STUDENTS	45.0		164250	0	36720	X
FRANK VELLACCIO
SENIOR VP	45.0		253906	0	63712	X
RICHARD REGAN
ATHLETIC DIRECTOR	45.0		185559	0	38466		X
WILLIAM CONLEY SR
DIR. ACADEMIC SERVICES	40.0		366457	0	20511			X
JAMES HOGAN
LIBRARY DIRECTOR	40.0		309760	0	9164			X
WILLIAM KENNEDY JR
BOOKSTORE DIRECTOR	40.0		213503	0	8960			X
JAMES LONG
GROUNDS SUPER	40.0		326895	0	14492			X
VICTORIA SWIGERT
CLASS DEAN	40.0		377826	0	15800			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3400245	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	388160	TotalOtherCompensation
Number Individuals GT100 K	78	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SILCHESTER INTERNATIONAL
780 THIRD AVENUE 42 FLOOR	NEW YORK	NY	10017	INVESTMENT MGMT	387950
KOR GROUP
374 CONGRESS STREET	BOSTON	MA	02210	MARKETING	326315
ALBOURNE AMERICA LLC
655 MONTGOMERY STREET	SAN FRANCISCO	CA	94111	INVSTMENT CONSULTING	220000
EINHORN YAFFEE PRESCOTT
PO BOX 617	ALBANY	NY	12201	ARCHITECT	219743
KPMG LLP
60 SOUTH STREET	BOSTON	MA	02111	AUDITING AND TAX	187900

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
Fundraising Events	302710	FundraisingEvents
Government Grants	2570983	GovernmentGrants
All Other Contributions	18516247	AllOtherContributions
Noncash Contributions	1112229	NoncashContributions
Total Contributions	21389940	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
TUITION AND FEES	611600	113075783	113075783
ROOM AND BOARD	611710	25287304	25287304
SALES OF AUXILIARY SERVICES	722320	6208043		1326707	$4,881,336
ATHLETICS	611710	2071880	2071880
GRANTS AND STUDENT AID REVENUE	611710	858670	858670

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1333879	TotalRevenueColumn
Exclusion	$1,333,879	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	148835559	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3272895	TotalRevenueColumn
Unrelated Business Revenue	-762726	UnrelatedBusinessRevenue
Exclusion	$4,035,621	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	165016	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	165016	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	165016	TotalRevenueColumn
Exclusion	$165,016	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	175829005	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	159218985	Securities
Other	5961	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	16610020	Securities
Other	-5961	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	16604059	TotalRevenueColumn
Unrelated Business Revenue	-607	UnrelatedBusinessRevenue
Exclusion	$16,604,666	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	54291	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	302710	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	83934	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-29643	TotalRevenueColumn
Exclusion	-$29,643	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	900099	BusinessCode
Total Revenue Column	136419	TotalRevenueColumn
Unrelated Business Revenue	17888	UnrelatedBusinessRevenue
Exclusion	$118,531	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	136419	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	190374245	TotalRevenueColumn
Related Or Exempt Function Income	141293637	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	581262	UnrelatedBusinessRevenue
Exclusion	$27,109,406	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	104974	Total
Program Services	104974	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	34812817	Total
Program Services	34812817	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	1303626	Total
Program Services	1303626	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2256541	Total
Program Services	436669	ProgramServices
Management And General	1342752	ManagementAndGeneral
Fundraising	477120	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	59059275	Total
Program Services	51561636	ProgramServices
Management And General	4918832	ManagementAndGeneral
Fundraising	2578807	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	5786942	Total
Program Services	4720811	ProgramServices
Management And General	810711	ManagementAndGeneral
Fundraising	255420	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	11413337	Total
Program Services	10078466	ProgramServices
Management And General	818493	ManagementAndGeneral
Fundraising	516378	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	4191780	Total
Program Services	3420536	ProgramServices
Management And General	586472	ManagementAndGeneral
Fundraising	184772	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	387878	Total
Management And General	368806	ManagementAndGeneral
Fundraising	19072	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	277600	Total
Management And General	277600	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	1239415	Total
Management And General	1239415	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3998496	Total
Program Services	2334453	ProgramServices
Management And General	1495268	ManagementAndGeneral
Fundraising	168775	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	80972	Total
Program Services	46517	ProgramServices
Management And General	30742	ManagementAndGeneral
Fundraising	3713	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	6861339	Total
Program Services	5336315	ProgramServices
Management And General	521101	ManagementAndGeneral
Fundraising	1003923	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1402736	Total
Program Services	908553	ProgramServices
Management And General	410539	ManagementAndGeneral
Fundraising	83644	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7332948	Total
Program Services	6352534	ProgramServices
Management And General	876565	ManagementAndGeneral
Fundraising	103849	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2859647	Total
Program Services	2523980	ProgramServices
Management And General	168430	ManagementAndGeneral
Fundraising	167237	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	453049	Total
Program Services	436553	ProgramServices
Management And General	14360	ManagementAndGeneral
Fundraising	2136	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	7339042	Total
Program Services	6672370	ProgramServices
Management And General	666672	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	13264567	Total
Program Services	10638049	ProgramServices
Management And General	2626518	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	892493	Total
Program Services	67225	ProgramServices
Management And General	806916	ManagementAndGeneral
Fundraising	18352	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
STUDY ABROAD PROGRAM	4384603	4384603
FOOD AND FUNCTIONS	4201728	3521086	249123	431519
BAD DEBT	712481	126388	586093
COST OF GOODS SOLD	1827774	1827774
MEMBERSHIP DUES	465113	264906	168347	31860

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1333919	Total
Program Services	784270	ProgramServices
Management And General	500437	ManagementAndGeneral
Fundraising	49212	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	178245092	Total
Program Services	152665111	ProgramServices
Management And General	19484192	ManagementAndGeneral
Fundraising	6095789	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	11805	BOY
EOY	12205	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	64447253	BOY
EOY	50403215	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	8636879	BOY
EOY	7733005	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	511939	BOY
EOY	441503	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	6659282	BOY
EOY	6785564	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	425149	BOY
EOY	484609	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	523794	BOY
EOY	1811910	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	365177846	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	169465452	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	183937482	BOY
EOY	195712394	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	58455577	BOY
EOY	152883080	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	441921988	BOY
EOY	382081192	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	451642	BOY
EOY	454536	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	765982790	BOY
EOY	798803213	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	25996319	BOY
EOY	28081341	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	8580199	BOY
EOY	6919927	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	173604969	BOY
EOY	168289903	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	1068262	BOY
EOY	1288740	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	16579233	BOY
EOY	18434123	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	225828982	BOY
EOY	223014034	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	271144273	BOY
EOY	290890578	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	123830187	BOY
EOY	135446217	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	145179348	BOY
EOY	149452384	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	540153808	BOY
EOY	575789179	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	765982790	BOY
EOY	798803213	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	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 D IRS990ScheduleD

Field	Value	IRS element (for citing)
Historic Structure	X	HistoricStructure
Total Number Of Easements	0	TotalNumberOfEasements
Total Acreage	0.00	TotalAcreage
Nmbr Hist Struct Easements	0	NmbrHistStructEasements
Nmbr Hist Struct Easements After	0	NmbrHistStructEasementsAfter
Nmbr Easements Modified	0	NmbrEasementsModified
Nmbr States In Which Easements Held	1	NmbrStatesInWhichEasementsHeld
Written Policy Monitoring	true	WrittenPolicyMonitoring

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	500	RevenuesIncluded
Assets In Part X	669405	AssetsInPartX

Field	Value	IRS element (for citing)
Held Works Of Art Amts		HeldWorksOfArtAmts
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	true	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	492679761	BeginningOfYearBalance
Contributions	4789778	Contributions
Investment Earnings Or Losses	48461840	InvestmentEarningsOrLosses
Grants Or Scholarships	4669581	GrantsOrScholarships
Other Expenditures	16081612	OtherExpenditures
Administrative Expenses	2686842	AdministrativeExpenses
End Of Year Balance	522493344	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	617249034	BeginningOfYearBalance
Contributions	15989246	Contributions
Investment Earnings Or Losses	-116117375	InvestmentEarningsOrLosses
Grants Or Scholarships	5141085	GrantsOrScholarships
Other Expenditures	15739660	OtherExpenditures
Administrative Expenses	3560399	AdministrativeExpenses
End Of Year Balance	492679761	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.49780	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.50220	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3548759	OtherCostOrOtherBasis
Book Value	3548759	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	273349699	OtherCostOrOtherBasis
Depreciation	115154232	Depreciation
Book Value	158195467	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	47951393	OtherCostOrOtherBasis
Depreciation	37476634	Depreciation
Book Value	10474759	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	40327995	OtherCostOrOtherBasis
Depreciation	16834586	Depreciation
Book Value	23493409	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	195712394	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (4 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
HEDGE FUNDS	255253928	F
PRIVATE EQUITY	102331147	F
REAL ASSETS	23181097	F
OTHER INVESTMENTS	1315020	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	382081192	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
DEPTARTMENT	$5,116,692
GIVING AGREEMENTS	$5,103,869
INTEREST RATE SWAP	$8,213,562

Field	Value	IRS element (for citing)
Total Of Amounts	18434123	TotalOfAmounts
Total Revenue	190374245	TotalRevenue
Total Expenses	178245092	TotalExpenses
Excess Or Deficit For Year	12129153	ExcessOrDeficitForYear
Net Unrealized GL On Investments	31086599	NetUnrealizedGLOnInvestments
Other	-$7,573,287	OtherAmount
Total Adjustments	23513312	TotalAdjustments
Excess Or Deficit Per FS	35642465	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	176407236	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	31086599	NetUnrealizedGainsInvestments
Other Revenues	2812500	OtherRevenues
Revenue Not Rptd F990	33899099	RevenueNotRptdF990
Revenue Subtotal	142508137	RevenueSubtotal
Investment Expenses Not Included	3205760	InvestmentExpensesNotIncluded
Other Revenues Not Included	44660348	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	47866108	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	190374245	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	140764771	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	2812500	OtherExpensesIncluded
Expenses Not Rptd F990	2812500	ExpensesNotRptdF990
Expenses Subtotal	137952271	ExpensesSubtotal
Investment Expenses Not Included2	3205760	InvestmentExpensesNotIncluded2
Other Expenses Not Included	37087061	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	40292821	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	178245092	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CONSERVATION EASEMENT	PART II, LINE 9	THE COLLEGE HAS NOT RECEIVED ANY GIFT OF PROPERTY SUBJECT TO A CONSERVATION EASEMENT AND THEREFORE DOES NOT REPORT CONSERVATION EASEMENTS IN ITS REVENUE AND EXPENSE STATEMENT OR BALANCE SHEET. THE COLLEGE DOES OWN BUILDINGS THAT ARE PART OF THE HISTORIC REGISTER AND THEREFORE SUBJECT TO RESTRICTIONS REGARDING THEIR PRESERVATION. THE COLLEGE POLICY IS TO MAINTAIN CAMPUS PROPERTY IN A GOOD AND SOUND STATE OF REPAIR AND TO MAINTAIN ALL PROPERTY, INCLUDING THOSE SUBJECT TO CONSERVATION EASEMENT, AT A LEVEL SO AS TO PREVENT DETERIORATION AND PRESERVE THE ARCHITECTURAL AND HISTORICAL INTEGRITY OF CAMPUS BUILDINGS AND GROUNDS IN WAYS THAT MAKE THE CAMPUS ELIGIBLE FOR LISTING IN THE NATIONAL REGISTER OF HISTORIC PLACES. ALL BUILDINGS AND LAND SUBJECT TO A CONSERVATION EASEMENT ARE LOCATED ON THE MAIN CAMPUS, OWNED BY THE COLLEGE AND REGULARLY USED BY THE CAMPUS COMMUNITY. THEY ARE CONSTANTLY MONITORED AND INSPECTED TO ENSURE THE PRESERVATION OF THE HISTORIC STRUCTURES.
COLLECTIONS OF ART, HISTORICAL TREASURERS, OR OTHER SIMILAR ASSETS	PART III, LINE 4	THE GALLERY EXISTS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE AND IS OPEN TO THE GENERAL PUBLIC. THE GALLERY SERVES AS A CATALYST IN THE SEARCH FOR MEANING AND VALUE IN LIFE AND HISTORY WITH A SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ARTS VALUES OF THE COLLEGE WITH THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM. THE GALLERY BOASTS MORE THAN 400 OBJECTS IN ITS PERMANENT COLLECTION. THE PERMANENT COLLECTION REPRESENTS A BROAD SPECTRUM OF ART AND HISTORICAL PERIODS. IN INCLUDES THE SOUTHEAST ASIAN TEXTILES, NOTABLE WORKS ALSO INCLUDE SCULPTURE BY RODIN, PLAZZOTTA, GROSS, GRIPPE, AND BEAUCHAMPE, PHOTOGRAPHS BY MARILYN BRIDGESS AND PAUL CAPONIGRO, PAINTINGS, PRINTS AND DRAWINGS BY MICHAEL BEATTY, ROBERT BEAUCHAMPE, FRANCIS BONIV, TERRI PRIEST AND OTHERS. IN 2010 THE GALLERY HOSTED FOUR EXHIBITS. PILGRIMAGE AND FAITH: BUDDHISM, CHRISTIANITY AND ISLAM EXPLORED PILGRIMAGE AS EXPERIENCED BY THESE FAITH COMMUNITIES AND THE CONVERGENCE OF PRACTICES IN THE PILGRIMAGE EXPERIENCE. CITIES OF PEACE IS A SERIES OF WORKS ON CANVAS CONSISTING OF A VISUAL TRIBUTE TO THE PEOPLE AND LOCATIONS AROUND THE WORLD WHERE VIOLENCE AND TRAGEDY THROUGH WAR OR CONFLICT AND IDEOLOGICAL EXTREMISM IN MODERN TIMES HAVE LEFT HORRIFIC REMINDERS OF MAN'S DESTRUCTIVE POWER. TELLIN: DRAWN FROM NATURE/WORK FROM 1990 TO THE PRESENT INCLUDED A NUMBER OF LIFE-SIZED WALL MOUNTED ABSTRACT WOOD CONSTRUCTIONS. THE "SENIOR CONCENTRATION SEMINAR" PROVIDES EACH STUDENT WITH A PRIVATE STUDIO SPACE, OPPORTUNITIES TO TRAVEL TO EXHIBITIONS IN THE NEW ENGLAND REGION, TO MEET WITH PROFESSIONAL CURATORS AND TO HAVE THEIR WORK REVIEWED BY HOLY CROSS FACULTY AND GUEST ARTISTS. THE SEMINAR CULMINATES WITH THE PLANNING AND EXECUTION OF A GROUP EXHIBITION MOUNTED IN THE CANTOR ART GALLERY UNDER THE GUIDANCE OF THE GALLERY STAFF AND THE VISUAL ARTS FACULTY. WORKS FROM THE 2010 SENIOR CONCENTRATION SEMINAR INCLUDED LARGE-SCALE WALL INSTALLATION PIECES AND MIXED MEDIA WORKS ALONG WITH PAINTING, PHOTOGRAPHY, PRINTS, SCULPTURE AND VIDEO. THE EXHIBIT REPRESENTED THE EXPLORATION AND EXPRESSION OF A WIDE RANGE OF INTERESTS SUCH AS SOCIAL JUSTICE AND SPIRITUALITY, AS WELL AS PERSONAL OBSESSIONS AND CHILDHOOD MEMORIES.
TRUST, ESCROW AND CUSTODIAL ARRANGEMENTS	PART IV, LINE 2B	AGENCY FUNDS ARE HELD BY THE COLLEGE AS CUSTODIAN OR FISCAL AGENT. FUNDS MAY BE HELD FOR RECOGNIZED FACULTY, STAFF, STUDENT OR ALUMNI ORGANIZATIONS THAT ARE COLLECTED FROM ACTIVITY FEES, DUES OR FUNDRAISING. THE FUNDS ARE DEPOSITED WITH THE COLLEGE FOR SAFEKEEPING TO BE USED OR WITHDRAWN BY THE DEPOSITOR UPON PROPER AUTHORIZATION AND DOCUMENTATION. EXPENDITURES FROM THESE FUNDS ARE USED PRIMARILY TO FUND STUDENT ACTIVITIES, TRIPS AND PROJECTS OF INTEREST TO THE STUDENTS OR TO SUPPORT COLLEGE PROGRAMS. EACH AGENCY FUND IS PROVIDED A UNIQUE COST CENTER ESTABLISHED IN THE COLLEGE'S FINANCIAL RECORDS. THESE COST CENTERS PROVIDE A SAFE, SECURE, AND CONVENIENT METHOD OF ACCOUNTING FOR AND ADMINISTERING THESE FUNDS. ALL CUSTODIAL FUNDS FOLLOW THE EXPENDITURE POLICIES AND PROCEDURES OUTLINED BY THE COLLEGE.
ENDOWMENT FUNDS	PART V, LINE 4	THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 800 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE'S ENDOWMENT FUND SUPPORTS THE FOLLOWING AREAS; FINANCIAL AID FOR STUDENTS ATTENDING THE COLLEGE, TEACHING, ACADEMIC SUPPORT, STUDENT SERVICES AND ATHLETIC PROGRAMS. THE COLLEGE ENDOWMENT INCLUDES MANY INDIVIDUAL FUNDS THAT ARE RESTRICTED TO SUPPORT STUDENT FINANCIAL AID MAKING A COLLEGE EDUCATION AFFORDABLE TO THOSE WHO HAVE DEMONSTRATED NEED. FACULTY CHAIRS OR PROFESSORSHIPS ARE ANOTHER LEADING PURPOSE FOR WHICH INDIVIDUAL ENDOWMENT FUNDS ARE DEDICATED. LIKE ENDOWMENT FUNDS FOR STUDENT SCHOLARSHIPS, INVESTMENT INCOME EARNED BY FACULTY ENDOWMENT FUNDS IS USED TO FUND A PROFESSORS SALARY. ENDOWED PROFESSORSHIPS ARE OFTEN AWARDED TO LEADING SCIENTISTS AND SCHOLARS WHO ARE CONTRIBUTING SIGNIFICANTLY TO TEACHING IN THEIR RESPECTIVE DISCIPLINES. ANOTHER PURPOSE FOR WHICH ENDOWMENT FUNDS ARE RESTRICTED IS SCIENTIFIC AND SCHOLARLY RESEARCH. THE COLLEGE IS INCREASINGLY RELYING ON ITS OWN RESOURCES TO ASSIST NEW FACULTY IN DEVELOPING THEIR RESEARCH PROGRAMS BECAUSE FEDERAL FUNDS HAVE LAGGED. THE COLLEGE HAS RECEIVED MANY GIFTS TO CONSTRUCT AND SUSTAIN NEW SCIENTIFIC OR OTHER ACADEMIC FACILITIES, AND ENDOWMENT SUPPORT IS PARTICULARLY IMPORTANT FOR THE SUPPORT OF PROGRAMS HOUSED IN THOSE ACADEMIC FACILITIES. THE ENDOWMENT ALSO PROVIDES FUNDING FOR THE COLLEGE'S LIBRARY AND ART GALLERY WHICH ARE CRITICAL COMPONENTS OF THE INTELLECTUAL AND CULTURAL LIFE ON CAMPUS. DONORS HAVE ALSO CREATED ENDOWMENTS FOR THE PURPOSE OF SUPPORTING INTERCOLLEGIATE ATHLETICS. THE COLLEGE USES INVESTMENT INCOME FROM SUCH GIFTS TO FUND ATHLETIC SCHOLARSHIPS, FACILITIES, COACHING SALARIES AND EQUIPMENT.
OTHER CHANGES IN NET ASSETS	PART XI, LINE 8	OTHER ADJUSTMENTS CONSIST OF A LOSS ON INTEREST RATE SWAP AGREEMENTS OF 2,054,284, PENSION ADJUSTMENTS RELATING TO FINANCIAL STANDARDS NUMBER 158 WHICH IS A LOSS OF 5,526,095, AND HOLY CROSS CLUB OF BOSTON'S CHANGE IN NET ASSETS OF 7,092.
REVENUE INCLUDED ON FINANCIAL STATEMENTS NOT ON RETURN	PART XII, LINE 2D	INTRA DEPARTMENTAL REVENUE 2,642,482 CHANGE IN LIFE INCOME OBLIGATIONS 170,018 TOTAL 2,812,500
REVENUE INCLUDED ON RETURN NOT ON FINANCIAL STATEMENTS	PART XII, LINE 4B	SCHOLARSHIPS, NETTED AGAINST TUITION REVENUE 36,116,443 INCREASE IN BAD DEBT PROVISION FOR NON-OPERATING PLEDGES 648,046 LOAN FUND EXPENSES 179,061 GENERAL ALUMNI ASSOCIATION & BOSTON CLUB REVENUE 136,419 UNREALIZED GAIN ON SWAP 2,054,284 PENSION ADJUSTMENT FOR FAS 158 5,526,095 TOTAL 44,660,348
EXPENSES INCLUDED ON FINANCIAL STATEMENTS NOT ON RETURN	PART XIII, LINE 2D	INTRA DEPARTMENTAL REVENUE 2,642,482 CHANGE IN LIFE INCOME OBLIGATIONS 170,018 TOTAL 2,812,500
EXPENSES INCLUDED ON RETURN NOT ON FINANCIAL STATEMENTS	PART XIII, LINE 4B	SCHOLARSHIPS, NETTED AGAINST TUITION REVENUE 36,116,443 INCREASE IN BAD DEBT PROVISION FOR NON-OPERATING PLEDGES 648,046 LOAN FUND EXPENSES 179,059 GENERAL ALUMNI ASSOCIATION & BOSTON CLUB REVENUE 143,513 TOTAL 37,087,061

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Pub Via Broadcast Media Expln	A SUMMARY OF THE NON-DISCRIMINATION POLICY IS INCLUDED IN THE PRINT MEDIA DESCRIBING THE COLLEGE'S ADMISSION REQUIREMENTS AND EMPLOYMENT. WEB MEDIA CONTAINS SIMILAR SUMMARY STATEMENTS.	PubViaBroadcastMediaExpln
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Govt Financial Aid Explanation	THE COLLEGE PARTICIPATES IN THE TITLE IV PROGRAM FOR CAMPUS WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, THE PERKINS LOAN PROGRAM, DIRECT LENDING, SMART GRANTS, PELL GRANTS AND ACADEMIC COMPETITIVENESS GRANTS ADMINISTERED BY THE US DEPARTMENT OF EDUCATION. THE COLLEGE IS ALSO PARTICIPATING IN SEVERAL GRANTS WITH THE NATIONAL SCIENCE FOUNDATION TO PROVIDE STEM GRANTS TO STUDENTS STUDYING MATH OR SCIENCE AS A MAJOR.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)

RegionRegion	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Central America and the Caribbean	0	Program Services	Attend College Abroad	148904
East Asia and the Pacific	0	Program Services	Attend College Abroad	481621
Europe (Including Iceland and Greenland)	90	Program Services	Attend College Abroad	3486707
South America	3	Program Services	Attend College Abroad	134820
South Asia	0	Program Services	Attend College Abroad	24900
Sub-Saharan Africa	0	Program Services	Attend College Abroad	100471
Middle East and North Africa	0	Program Services	Attend College Abroad	7180
Central America and the Caribbean	0	Investments	NONE	0
Europe (Including Iceland and Greenland)	0	Investments	NONE	0

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	93	TotalNumberOfEmployees
Total Amount Spent	4384603	TotalAmountSpent
Total Number Of Other Orgs	0	TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS

Field	Value	IRS element (for citing)
Type Of Assistance	SCHOLARSHIP - NOT TRACKED BY REGION	TypeOfAssistance
Number Of Recipients	65	NumberOfRecipients
Amount Of Cash Grant	1303626	AmountOfCashGrant
Manner Of Cash Disbursement	STUDENT ACCT	MannerOfCashDisbursement

Form990 Schedule F Part IV Form990ScheduleFPartIV

Field	Value	IRS element (for citing)
Identifier	MONITOR THE USE OF GRANT FUNDS OUTSIDE THE U.S.	Identifier
Return Reference	PART I, LINE 2	ReturnReference
Explanation	THE COLLEGE MANAGES ALL RELATIONSHIPS WITH INTERNATIONAL HOST INSTITUTIONS DIRECTLY AND CONDUCTS PERIODIC EVALUATIONS OF THE PROGRAMS. STUDENTS ARE BILLED TUITION BY HOLY CROSS. THE COLLEGE MANAGES ALL ASPECTS OF THE PROGRAM AND ITS COSTS PROVIDING FOR ADVISORS, LINGUISTIC SUPPORT AND TUTORIAL ASSISTANCE. PROGRAM COSTS, OTHER THAN SCHOLARSHIPS, ARE TRACK BY PROGRAM LOCATION. SCHOLARSHIPS ARE PROVIDED TO STUDENTS ATTENDING PROGRAMS ABROAD USING THE SAME METHODOLOGY THAT IS APPLIED TO STUDENTS WHO ATTEND CLASSES IN THE UNITED STATES AS DESCRIBED ON FORM 990, SCHEDULE I, PART IV.	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	NY COUNC DINNER	NameOfEvent1
Gross Receipts Event1	288025	GrossReceiptsEvent1
Charitable Contributions Event1	256525	CharitableContributionsEvent1
Gross Revenue Event1	31500	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	0	NonCashPrizesEvent1
Rent Facility Costs Event1	0	RentFacilityCostsEvent1
Food And Beverage Event1	62147	FoodAndBeverageEvent1
Entertainment Event1	0	EntertainmentEvent1
Other Direct Expenses Event1	0	OtherDirectExpensesEvent1
Name Of Event2	CRUSADER GRID.	NameOfEvent2
Gross Receipts Event2	27610	GrossReceiptsEvent2
Charitable Contributions Event2	18435	CharitableContributionsEvent2
Gross Revenue Event2	9175	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	0	NonCashPrizesEvent2
Rent Facility Costs Event2	0	RentFacilityCostsEvent2
Food And Beverage Event2	8507	FoodAndBeverageEvent2
Entertainment Event2	0	EntertainmentEvent2
Other Direct Expenses Event2	0	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	41366	GrossReceiptsOtherEvents
Charitable Contrib Other Events	27750	CharitableContribOtherEvents
Gross Revenue Other Events	13616	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	0	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	0	RentFacilityCostsOtherEvents
Food And Beverage Other Events	13280	FoodAndBeverageOtherEvents
Entertainment Other Events	0	EntertainmentOtherEvents
Other Direct Expenses Other Events	0	OtherDirectExpensesOtherEvents
Gross Receipts Total	357001	GrossReceiptsTotal
Charitable Contributions Total	302710	CharitableContributionsTotal
Gross Revenue Total Events	54291	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	0	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	0	RentFacilityCostsTotalEvents
Food And Beverage Total Events	83934	FoodAndBeverageTotalEvents
Entertainment Total Events	0	EntertainmentTotalEvents
Other Direct Expenses Total Events	0	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	83934	DirectExpenseSummaryEvents
Net Income Summary	-29643	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SOUTH WORCESTER NEIGHBORHOOD IMPROVEMENT	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	47 CAMP STREET	AddressLine1
City	WORCESTER	City
State	MA	State
ZIP Code	01603	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	042529221	EINOfRecipient
IRC Section	501(C)(3)	IRCSection
Amount Of Cash Grant	104974	AmountOfCashGrant
Purpose Of Grant	AFFORDABLE HOUSING	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
SCHOLARSHIP-FUNDED BY THE FEDERAL GOVERNMENT	165	654014
SCHOLARSHIP-FUNDED BY THE STATE GOVERNMENT	206	511800
SCHOLARSHIP-FUNDED BY THE COLLEGE	1346	33175962
SCHOLARSHIP-FUNDED BY PRIVATE SOURCES	59	471041

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	MONITOR THE USE OF GRANT FUNDS IN THE U.S.	Identifier
Return Reference	PART I, LINE 2	ReturnReference
Explanation	STUDENTS MUST FILE BOTH A FASFA AND PROFILE FORM TO BE CONSIDERED FOR BOTH FEDERAL ASSISTANCE AND HOLY CROSS SCHOLARSHIPS. THE COLLEGE APPLIES A NEED ANALYSIS PROCEDURE TO THE APPLICATION TO DETERMINE THE AMOUNT OF NEED. THOSE QUALIFYING FOR NEED BASED AID WILL HAVE 100% OF THEIR NEED FULLY MET. THE COLLEGE DOES NOT DISCRIMINATE ON THE BASES OF RACE, COLOR NATIONAL OR ETHNIC ORIGIN, SEX, AGE, OR HANDICAP IN ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, FINANCIAL AID POLICIES, ATHLETIC AND SCHOOL ADMINISTERED PROGRAMS. THE COLLEGE SUPPORTS A NEED BASED FINANCIAL AID POLICY THAT IS REPRESENTATIVE OF ITS ACADEMIC AND SPIRITUAL GOALS AS AN UNDERGRADUATE, JESUIT LIBERAL ARTS COLLEGE. THE COLLEGE ALSO OFFERS A LIMITED AMOUNT OF MERIT BASED AID. THE COLLEGE USES A CONSERVATIVE NEEDS ANALYSIS, "INSTITUTIONAL METHODOLOGY" WHICH IS AGREED UPON BY MORE THAN 2,000 MEMBERS OF THE COLLEGE SCHOLARSHIP SERVICE ASSEMBLY. THE FINANCIAL AID PROGRAM IS GENEROUS AND ALL STUDENTS ARE ENCOURAGED TO APPLY REGARDLESS OF THEIR SOCIO-ECONOMIC BACKGROUND. APPROXIMATELY FIFTY EIGHT PERCENT OF ALL STUDENTS RECEIVE SOME FORM OF FINANCIAL ASSISTANCE. A LIST OF RECIPIENTS WHO RECEIVE FINANCIAL ASSISTANCE IS MAINTAINED BY THE COLLEGE THERE MAY BE SOME RECIPIENTS WHO ARE RELATED TO OFFICERS, TRUSTEES OR OTHER DISQUALIFIED PERSONS SUCH RECIPIENTS ARE SELECTED ON AN EQUAL OBJECTIVELY DETERMINED BASIS WITH OTHERS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (13 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
TIMOTHY AUSTIN
199837	0	0	0	11018	0	21863	0	1503	0	234221	0	0	0
WILLIAM DURGIN
292666	0	0	0	42817	0	27264	0	19290	0	382037	0	0	0
MICHAEL LOCHHEAD
231056	0	0	0	17018	0	26664	0	23900	0	298638	0	0	0
TIMOTHY MINES
147988	0	0	0	490	0	16014	0	9570	0	174062	0	0	0
MICHAEL PERRY
210977	0	0	0	48222	0	23664	0	10603	0	293466	0	0	0
JACKIE PETERSON
158436	0	0	0	5814	0	17401	0	19319	0	200970	0	0	0
FRANK VELLACCIO
236161	0	0	0	17745	0	27264	0	36448	0	317618	0	0	0
RICHARD REGAN
158383	0	0	0	27176	0	17582	0	20884	0	224025	0	0	0
WILLIAM CONLEY SR
67183	0	0	0	299274	0	7178	0	13333	0	386968	0	0	0
JAMES HOGAN
58318	0	0	0	251442	0	6029	0	3135	0	318924	0	0	0
WILLIAM KENNEDY JR
39934	0	0	0	173569	0	4165	0	4795	0	222463	0	0	0
JAMES LONG
55514	0	0	0	271381	0	5745	0	8747	0	341387	0	0	0
VICTORIA SWIGERT
377166	0	0	0	660	0	11076	0	4724	0	393626	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
TAX INDEMNIFICATION AND CLUB DUES	PART I, LINE 1A	CERTAIN OFFICERS, KEY EMPLOYEES OR HIGHLY COMPENSATED EMPLOYEES ARE AUTHORIZED AS PART OF THEIR COMPENSATION AGREEMENT TO OBTAIN A MEMBERSHIP IN A SOCIAL OR RECREATIONAL CLUB. THESE DUES ARE GROSSED UP AND INCLUDED IN THE EMPLOYEE'S REPORTABLE COMPENSATION.
SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN	PART I, LINE 4B	WILLIAM DURGIN PARTICIPATES IN A NON-QUALIFIED RETIREMENT PLAN. ALL AMOUNTS ARE INCLUDED IN DEFERRED COMPENSATION AS THEY ACCRUE.
COMPENSATION TO MEMBERS OF A RELIGIOUS ORDER	PART II	MEMBERS OF THE SOCIETY OF JESUS TAKE A VOW OF POVERTY. COMPENSATION IS PAID DIRECTLY TO THEIR ORDER WHICH IS EXEMPT UNDER SECTION 501(C)(3). UNDER REV. RUL. 77-290 MEMBERS OF A RELIGIOUS ORDER PROVIDING SERVICES TO A CATHOLIC ORGANIZATION WILL BE CONSIDERED FOR TAX PURPOSES TO BE AN AGENT OF HIS ORDER PROVIDED; THE RELIGIOUS ORDER IS SUBJECT TO A VOW OF POVERTY, THE RELIGIOUS ORDER IS PROVIDING SERVICES FOR A CATHOLIC ORGANIZATION LISTED IN THE OFFICIAL CATHOLIC DIRECTORY AT THE DIRECTION OF HIS SUPERIOR AND THE FULL AMOUNT OF COMPENSATION IS REMITTED TO HIS ORDER WHICH IS EXEMPT FROM TAX.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer
MASS DEVELOPMENT AND FINANCE AGENCY MDFA 2007B
043431814	57583RLM5	2007-05-03	30306021	REFUNDING 1998 ISSUE	false	false
MASS DEVELOPMENT AND FINANCE AGENCY MDFA 2008A
043431814	57583RU26	2008-05-08	45340000	REFUNDING 2007A ISSUE	false	false
MASS DEVELOPMENT AND FINANCE AGENCY MDFA 2008B
043431814	57583RVU6	2008-05-08	71076481	REFUNDING 2006 ISSUE	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
30306021	258981	29877800	2008	false	true	true	true
45340000	181594	44320543	2008	true	false	true	true
71076481	503481	70593000	2008	true	false	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	true	BondCounselRoutinelyEngaged
Prcntge Prvt Business Use By Others	0.00000	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.00012	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00012	TotalPrivateBusinessUse
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
(no name)
false	false	false	false	false	true
BANK OF AMERICA LLC
	true	true	false	false	true
(no name)
	false	false	false	false	true

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
FONTAINE BROTHERS INC
S. FONTAINE, TRUSTEE	2585943	BLDG CONSTRUCTION/RENOVATION	false
ADAGE CAPITAL MANAGEMENT
R. ATCHINSON, TRUSTEE	182269	MANAGEMENT FEE	false
FEDERATED FUND ADVISORY COMPANY
J. FISHER, TRUSTEE	100000	ADVISORY FEE	false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	500	NoncashContribsRptdF990
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes
Intellectual Property		IntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	77	NumberOfContributions
Noncash Contribs Rptd F990	1103209	NoncashContribsRptdF990
Method Of Determining Revenues	AVG PRICE QUOTE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	MUSICAL INSTRUMENTS	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	8520	NoncashContribsRptdF990
Method Of Determining Revenues	INVOICE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	USE OF THIRD PARTIES OR ELATED ORGANIZATIONS TO SELL NONCASH CONTRIBUTIONS	Identifier
Return Reference	PART I, LINE 32B	ReturnReference
Explanation	THE COLLEGE USES A REGISTERED BROKER TO SELL SECURITIES THAT ARE GIFTED TO THE COLLEGE.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990, PART III, LINE 1	THE COLLEGE OF THE HOLY CROSS IS, BY TRADITION AND CHOICE, A JESUIT LIBERAL ARTS COLLEGE SERVING THE CATHOLIC COMMUNITY, AMERICAN SOCIETY, AND THE WIDER WORLD. TO PARTICIPATE IN THE LIFE OF HOLY CROSS IS TO ACCEPT AN INVITATION TO JOIN IN DIALOGUE ABOUT BASIC HUMAN QUESTIONS: WHAT IS THE MORAL CHARACTER OF LEARNING AND TEACHING? HOW DO WE FIND MEANING IN LIFE AND HISTORY? WHAT ARE OUR OBLIGATIONS TO ONE ANOTHER? WHAT IS OUR SPECIAL RESPONSIBILITY TO THE WORLD'S POOR AND POWERLESS? AS A LIBERAL ARTS COLLEGE, HOLY CROSS PURSUES EXCELLENCE IN TEACHING, LEARNING, AND RESEARCH. ALL WHO SHARE ITS LIFE ARE CHALLENGED TO BE OPEN TO NEW IDEAS, TO BE PATIENT WITH AMBIGUITY AND UNCERTAINTY, TO COMBINE A PASSION FOR TRUTH WITH RESPECT FOR THE VIEWS OF OTHERS. INFORMED BY THE PRESENCE OF DIVERSE INTERPRETATIONS OF THE HUMAN EXPERIENCE, HOLY CROSS SEEKS TO BUILD A COMMUNITY MARKED BY FREEDOM, MUTUAL RESPECT, AND CIVILITY. BECAUSE THE SEARCH FOR MEANING AND VALUE IS AT THE HEART OF THE INTELLECTUAL LIFE, CRITICAL EXAMINATION OF FUNDAMENTAL RELIGIOUS AND PHILOSOPHICAL QUESTIONS IS INTEGRAL TO LIBERAL ARTS EDUCATION. DIALOGUE ABOUT THESE QUESTIONS AMONG PEOPLE FROM DIVERSE ACADEMIC DISCIPLINES AND RELIGIOUS TRADITIONS REQUIRES EVERYONE TO ACKNOWLEDGE AND RESPECT DIFFERENCES. DIALOGUE ALSO REQUIRES US TO REMAIN OPEN TO THAT SENSE OF THE WHOLE WHICH CALLS US TO TRANSCEND OURSELVES AND CHALLENGES US TO SEEK THAT WHICH MIGHT CONSTITUTE OUR COMMON HUMANITY. THE FACULTY AND STAFF OF HOLY CROSS, NOW PRIMARILY LAY AND RELIGIOUSLY AND CULTURALLY DIVERSE, ALSO AFFIRM THE MISSION OF HOLY CROSS AS A JESUIT COLLEGE. AS SUCH, HOLY CROSS SEEKS TO EXEMPLIFY THE LONGSTANDING DEDICATION OF THE SOCIETY OF JESUS TO THE INTELLECTUAL LIFE AND ITS COMMITMENT TO THE SERVICE OF FAITH AND PROMOTION OF JUSTICE. THE COLLEGE IS DEDICATED TO FORMING A COMMUNITY WHICH SUPPORTS THE INTELLECTUAL GROWTH OF ALL ITS MEMBERS WHILE OFFERING THEM OPPORTUNITIES FOR SPIRITUAL AND MORAL DEVELOPMENT. IN A SPECIAL WAY, THE COLLEGE MUST ENABLE ALL WHO CHOOSE TO DO SO TO ENCOUNTER THE INTELLECTUAL HERITAGE OF CATHOLICISM, TO FORM AN ACTIVE WORSHIPPING COMMUNITY, AND TO BECOME ENGAGED IN THE LIFE AND WORK OF THE CONTEMPORARY CHURCH. SINCE 1843, HOLY CROSS HAS SOUGHT TO EDUCATE STUDENTS WHO, AS LEADERS IN BUSINESS, PROFESSIONAL, AND CIVIC LIFE, WOULD LIVE BY THE HIGHEST INTELLECTUAL AND ETHICAL STANDARDS. IN SERVICE OF THIS IDEAL, HOLY CROSS ENDEAVORS TO CREATE AN ENVIRONMENT IN WHICH INTEGRATED LEARNING IS A SHARED RESPONSIBILITY, PURSUED IN CLASSROOM AND LABORATORY, STUDIO AND THEATER, RESIDENCE AND CHAPEL. SHARED RESPONSIBILITY FOR THE LIFE AND GOVERNANCE OF THE COLLEGE SHOULD LEAD ALL ITS MEMBERS TO MAKE THE BEST OF THEIR OWN TALENTS, TO WORK TOGETHER, TO BE SENSITIVE TO ONE ANOTHER, TO SERVE OTHERS, AND TO SEEK JUSTICE WITHIN AND BEYOND THE HOLY CROSS COMMUNITY.
PROGRAM SERVICE ACCOMPLISHMENTS	FORM 990 PART III, LINE 4A	THE COLLEGE IS A COMMUNITY OF 2,897 FULL TIME AND 35 PART TIME STUDENTS FOR THE ACADEMIC YEAR ENDING MAY 2010. THE STUDENT POPULATION IS 45% MEN AND 55% WOMEN, 21% OF THE CLASS OF 2013 ARE OF AFRICAN-AMERICAN, LATIN AMERICAN, ASIAN-AMERICAN, OR NATIVE AMERICAN HERITAGE. IN 2010 THERE WERE 716 INDIVIDUALS WHO COMPLETED THEIR MATRICULATION AND RECEIVED AN A.B. DEGREE. THE COLLEGE ADMITS QUALIFIED STUDENTS BASED ON THEIR APPLICATION, HIGH SCHOOL REPORT, AND TEACHER REFERENCES. FINANCIAL ASSISTANCE WAS PROVIDED TO APPROXIMATELY 1,700 STUDENTS. FORMED IN 1843 THE COLLEGE OFFERS A CURRICULUM LEADING TO A BACHELOR OF ARTS (A.B.) DEGREE WITH ACADEMIC CONCENTRATIONS IN TWENTY SIX FIELDS, INCLUDING BIOLOGY, CHEMISTRY, CLASSICS, ECONOMICS, ENGLISH, HISTORY, PSYCHOLOGY, RELIGIOUS STUDIES, SOCIOLOGY, THEATER AND THE VISUAL ARTS. THE COLLEGE IS A LARGE EDUCATIONAL COMPLEX, COMPLETE WITH LIBRARIES, SCIENCE LABORATORIES, CLASSROOMS, RESIDENCE HALLS, AND ATHLETIC FIELDS INCLUDING A FOOTBALL STADIUM AND HOCKEY RINK, AND A STUDENT ACTIVITY CENTER. ALL FIRST YEAR STUDENTS PARTICIPATE IN AN ACADEMICALLY RIGOROUS LEARNING AND LIVING PROGRAM FOR THEIR FIRST-YEAR. LEARNING TAKES PLACE IN SMALL DISCUSSION SEMINARS FOR THE ENTIRE YEAR THAT FIT THEMATICALLY WITHIN FIVE CLUSTERS EACH DEVOTED TO A LARGER THEME. STUDENTS CHOOSE THEIR OWN CLUSTER OF INTEREST FROM THE FOLLOWING AREAS: NATURAL WORLD, DIVINE, SELF, GLOBAL SOCIETY OR CORE HUMAN QUESTIONS. GLOBAL SOCIETY IS THE LARGEST CLUSTER WITH DISCIPLINES FROM SOCIOLOGY AND HISTORY TO PHYSICS AND ECONOMICS. THE COURSES LOOK AT THE WORLD FROM A PLURALISTIC AND COSMOPOLITAN PERSPECTIVE, GIVING STUDENTS THE OPPORTUNITY TO REFLECT ON THE CULTURAL CONNECTIONS OF THE MODERN WORLD AND THE RESPONSIBILITIES OF THE 21ST CENTURY CITIZEN. THE COLLEGE OFFERS STUDENTS THE ABILITY TO STUDY ABROAD DURING THEIR JUNIOR YEAR. WE HAVE RELATIONSHIPS WITH UNIVERSITIES ON FIVE CONTINENTS AND EACH YEAR MORE THAN 150 STUDENTS PURSUE STUDIES IN A FOREIGN COUNTRY, INCLUDING CHINA, RUSSIA, CAMEROON, EUROPE, PERU AND SRI LANKA. DURING THIS TIME THEY CONTINUE THEIR EDUCATION IN SUCH SUBJECTS AS HISTORY, MATH OR PSYCHOLOGY AND IN ADDITION ARE EDUCATED BY THEIR SURROUNDINGS AND LEARN HOW OTHER PEOPLE VIEW THEIR HOME COUNTRY. THEY LIVE WITH LOCAL FAMILIES WHENEVER POSSIBLE AND ARE REQUIRED TO COMPLETE A SERVICE PROJECT THAT IMMERSES THEM IN THE LOCAL COMMUNITY. THE COLLEGE OFFERS INTERDISCIPLINARY CONCENTRATIONS IN ASIAN STUDIES, ENVIRONMENTAL STUDIES, AFRICANA STUDIES, LATIN AMERICAN AND LATINO STUDIES AND WOMEN AND GENDER STUDIES. IN ADDITION STUDENTS HAVE DEVELOPED THEIR OWN PROGRAMS IN ASIAN AMERICAN AND MIDDLE EASTERN STUDIES. THESE CONCENTRATIONS ALLOW STUDENTS TO SYNTHESIZE ACROSS DISCIPLINES, EXPLORING THE CULTURE THROUGH HISTORY, LITERATURE, LANGUAGE, SOCIOLOGY ANTHROPOLOGY AND ART. THOUGH THESE STUDIES, STUDENTS GAIN A DEEPER APPRECIATION OF THE WORLD'S CULTURES AND TRADITIONS. RELIGIOUS STUDIES EXPLORE THE GLOBAL RELIGIONS AND TRADITIONS AND ALSO LOOK AT CHRISTIAN AND CATHOLIC EXPERIENCES AROUND THE WORLD. IN SOCIOLOGY STUDENTS EXAMINE THE SOCIETAL STRUCTURES THAT FRAME THE IMPACT OF GLOBALIZATION ON OUR PERCEPTION OF ETHNIC AND SOCIETAL IDENTITY. BIOLOGY STUDENTS LOOK AT THE IMPACT OF TECHNOLOGY, DEVELOPMENT AND GLOBALIZATION ON OUR NATURAL RESOURCES. MODERN LANGUAGES AND LITERATURE PROVIDE STUDENTS A STRONG FOUNDATION, EVEN FLUENCY, IN FOREIGN LANGUAGES, BUT ALSO PROVIDES INSIGHT INTO THE CULTURE OF THOSE WHO SPEAK THE LANGUAGE, THROUGH LITERATURE, ART AND HISTORY.
THE COLLEGE'S CENTER FOR RELIGION, ETHICS AND CULTURE PROVIDES A PLACE FOR	INTERDISCIPLINARY DIALOGUE AND EXPLORATION ABOUT BASIC HUMAN QUESTIONS.	IT'S PROGRAMS AIM TO INCREASE UNDERSTANDING OF A VARIETY OF RELIGIOUS, ETHICAL AND CULTURAL TRADITIONS, AND TO EXAMINE HOW THEY RELATE TO CATHOLIC TRADITIONS AND CURRENT ISSUES. THE CENTER FOSTERS DIALOGUE THAT RESPECTS DIFFERENCES, PROVIDING A FORUM FOR INTELLECTUAL EXCHANGE THAT IS INTER-RELIGIOUS AS WELL AS INTERDISCIPLINARY, INTERCULTURAL AND INTERNATIONAL IN SCOPE. AT THE SAME TIME, IT EXPLORES "THE WHOLE" WHICH TRANSCENDS DIFFERENCES AND APPEALS TO OUR COMMON HUMANITY. THE CENTER SPONSORS PUBLIC CONFERENCES, LECTURES AND FORUMS ON A WIDE RANGE OF TOPICS. A SAMPLING OF PAST PROGRAMS INCLUDE AGING, ETHICS AND SPIRITUALITY; HISTORIC PRESERVATION OF CHURCHES; MEDIA, ETHICS AND VALUES; NATIVE AMERICAN SPIRITUALITY AND CULTURE; JEWISH- CHRISTIAN UNDERSTANDING; ASIAN VALUES IN TRANSITION; ANATOMY OF EVIL; AND FORGIVENESS. THE CAMPUS LIBRARIES AT HOLY CROSS-DINAND, FENWICK MUSIC, O'CALLAHAN SCIENCE, ARCHIVAL AND SPECIAL COLLECTIONS, AND REHM-ARE ALSO AVAILABLE TO THE PUBLIC FOR SCHOLARLY RESEARCH. THE LIBRARIES HAVE AN EXTENSIVE COLLECTION OF BOOKS, JOURNALS, TAPES, VIDEOS, CDS, LPS, PHOTOGRAPHS AND ELECTRONIC RESOURCES. THE LIBRARY COLLECTION INCLUDES MORE THAN 650,000 VOLUMES, 4,500 PERIODICALS, 14,000 SOUND RECORDINGS, 7,000 MUSIC SCORES AND 40,000 ART HISTORY SLIDES. THE COLLECTION INCLUDES THE FOLLOWING ITEMS OF PARTICULAR INTEREST: INCUNABULA: BOOKS PRINTED PRIOR TO 1500, JESUITANA: BOOKS PRINCIPALLY BY JESUIT AUTHORS OF THE 15TH TO 17TH CENTURIES, AMERICANA: BOOKS OF SPECIAL INTEREST PUBLISHED IN AMERICA PRIOR TO 1829, JOHN HENRY CARDINAL NEWMAN (1801-1890) COLLECTION: LETTERS AND FIRST EDITIONS, JAMES MICHAEL CURLEY (1874-1958) COLLECTION: SCRAPBOOKS, NEWSPAPER CLIPPINGS, MICROFILM. CURLEY WAS MAYOR OF BOSTON AND GOVERNOR OF MASSACHUSETTS, LOUISE IMOGENE GUINEY (1861-1920) COLLECTION: POEMS, ESSAYS, CORRESPONDENCE, AND PHOTOGRAPHS, FRANK W. STEARNS (1856-1939) COLLECTION: CORRESPONDENCE, SCRAPBOOKS. STEARNS WAS A BOSTON MERCHANT AND POLITICAL ADVISOR TO CALVIN COOLIDGE, HENNESSEY COLLECTION: NEARLY 8000 LP SOUND RECORDINGS OF OPERA AND OTHER VOCAL MUSIC. THROUGH BOTH CONTEMPORARY AND HISTORICAL EXHIBITIONS, THE IRIS AND B. GERALD CANTOR ART GALLERY AT HOLY CROSS EDUCATES THE COLLEGE AND WORCESTER COMMUNITIES ABOUT THE FUNDAMENTAL INTELLECTUAL, CULTURAL, SPIRITUAL, AND AESTHETIC ISSUES ENCOUNTERED THROUGH VISUAL ART. OPEN FREE TO THE PUBLIC, THE GALLERY SEEKS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE THROUGH THE PRESENTATION AND DISCUSSION OF A DIVERSITY OF VISUAL ARTS. THE GALLERY HAS SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ARTS VALUES OF THE COLLEGE AND THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM AND COMMUNITY. THE COLLEGE IS A MEMBER OF THE PATRIOT LEAGUE AND OFFERS A COMPREHENSIVE ATHLETIC PROGRAM AT THE NCAA DIVISION I LEVEL CONSISTING OF 27 ATHLETIC TEAMS. INTERCOLLEGIATE SPORTS FOR MEN ARE BASEBALL, BASKETBALL, CREW, CROSS COUNTRY, FOOTBALL, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SWIMMING, TENNIS AND INDOOR AND OUTDOOR TRACK AND FIELD. WOMEN COMPETE IN BASKETBALL, CREW, CROSS-COUNTRY, FIELD HOCKEY, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SOFTBALL, SWIMMING, TENNIS, INDOOR AND OUTDOOR TRACK AND FIELD AND VOLLEYBALL. THE COLLEGE PROMOTES WIDESPREAD INVOLVEMENT IN ATHLETICS FOR STUDENTS OF ALL SKILL LEVELS AND INTERESTS. EIGHTY PERCENT OF HOLY CROSS-STUDENTS PARTICIPATE IN SPORTS AT THE VARSITY, CLUB OR INTRAMURAL LEVELS. THE COLLEGE ALSO PERIODICALLY OPENS ITS HART RECREATION CENTER FACILITIES-INCLUDING A SIX-LANE SWIMMING POOL, ICE RINK, BASKETBALL COURTS, AND FITNESS CENTER-TO THE GENERAL PUBLIC. IN ADDITION, HOLY CROSS HOSTS SUMMER SOCCER, FOOTBALL, BASKETBALL, LACROSSE, AND FIELD HOCKEY CAMPS FOR AREA YOUTHS. THE COLLEGE PROGRAM INVITES STUDENTS TO BRING THEIR REAL WORLD EXPERIENCES INTO THE CLASSROOM, AND THEN CHALLENGES STUDENTS TO BRING THEIR CLASSROOM EXPERIENCE OUT INTO THE WORLD TO BE TESTED, STRENGTHENED AND ENHANCED. THE PROGRAM ASKS THAT STUDENTS CONSIDER THE CONTEXT-INCLUDING THE SOCIAL AND CIVIC CONTEXTS-OF THE SUBJECTS THEY STUDY. OUR GOAL IS TO CREATE A BRIDGE BETWEEN THE CLASSROOM AND THOSE INTERESTS AND EXPERIENCES OUTSIDE THE CLASSROOM THEREBY ENRICHING THE LEVEL OF DIALOGUE AND DISCUSSION. THROUGH STUDENT PROGRAMS FOR URBAN DEVELOPMENT STUDENTS ARE ABLE TO INTERACT WITH THE LOCAL COMMUNITY, TUTORING CHILDREN, SERVING AS WELFARE ADVOCATES, VOLUNTEERING, AND VISITING THE SICK AND LONELY. THEY ENCOUNTER THE EFFECTS OF GLOBALIZATION ON A LOCAL LEVEL AS THEY WORK WITH THE HOMELESS AND UNEMPLOYED. STUDENTS ALSO HAVE THE OPPORTUNITY TO SPEND BREAKS SERVING COMMUNITIES IN APPALACHIA AND ALONG THE GULF COAST, BUILDING HOUSES, CLEANING SCHOOLS AND PARKS OR SERVING IN COMMUNITY BASED ORGANIZATIONS. IT IS AN EXPERIENCE THEY WILL CARRY WITH THEM FOR THE REST OF THEIR LIVES, SERVING AS INSPIRATION FOR THEIR FUTURE STUDIES AND CAREERS. A COMMITMENT TO SHAPING MORE INFORMED, SENSITIVE AND CONSCIENTIOUS GLOBAL CITIZEN IS OUR OBLIGATION AS AN EDUCATIONAL INSTITUTION, AND IT SPEAKS DIRECTLY TO THE HEART OF OUR MISSION.
PROGRAM SERVICE ACCOMPLISHMENTS	FORM 990 PART III, LINE 4B	THE COLLEGE IS THE RECIPIENT OF VARIOUS GRANTS FROM PRIVATE FOUNDATIONS, CORPORATIONS OR THE US FEDERAL GOVERNMENT. THESE GRANTS FUND BASIC RESEARCH, INSTRUCTION, CURRICULUM DEVELOPMENT, OR INSTRUMENTATION OF COLLEGE LABORATORIES.
FORM 990 REVIEW PROCESS	FORM 990, PART VI, SECTION B, LINE 11A	SENIOR MANAGEMENT OF THE COLLEGE IS RESPONSIBLE FOR DRAFTING FORM 990. THE COMPLETED DRAFT FORM 990 IS SUBMITTED FOR REVIEW TO THE COLLEGE'S TAX ADVISOR. RECOMMENDED CHANGES ARE DISCUSSED WITH SENIOR MANAGEMENT AND INCORPORATED INTO THE RETURN. THE DRAFT FORM IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL MEMBERS OF THE COMMITTEE WITH SENIOR MANAGEMENT AND THE COLLEGE'S TAX ADVISOR. ALL QUESTIONS, CONCERNS OF THE AUDIT COMMITTEE MEMBERS WILL BE ADDRESSED AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. AFTER THE AUDIT COMMITTEE REVIEW, ALL MEMBERS OF THE BOARD OF TRUSTEES WILL BE INVITED TO REVIEW THE COMPLETED FORM 990 IN ADVANCE OF THE FILING DEADLINE VIA A DEDICATED COLLEGE WEBSITE. ALL QUESTIONS AND CONCERNS OF THE MEMBERS OF THE BOARD OF TRUSTEES WILL BE ADDRESSED BY THE TREASURER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. AFTER ALL OF THE INPUT FROM THE BOARD OF TRUSTEES AND THE AUDIT COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, THE TREASURER OF THE COLLEGE IS AUTHORIZED TO FILE THE FORM 990.
CONFLICT OF INTEREST POLICY	FORM 990, PART VI, SECTION B, LINE 12C	ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ASSUME RESPONSIBILITY FOR CONSIDERING POSSIBLE CONFLICTS OF INTEREST THAT ARISE DURING SERVICE WITH THE COLLEGE. TO HELP OFFICERS, TRUSTEES AND KEY EMPLOYEES IDENTIFY POSSIBLE CONFLICTS OF INTEREST, THE COLLEGE HAS DEVELOPED A DISCLOSURE FORM THAT MUST BE COMPLETED AND UPDATED AT LEAST ANNUALLY. DURING THE COURSE OF THEIR SERVICE, THE OFFICERS, TRUSTEES AND KEY EMPLOYEES MUST ALSO DISCLOSE ANY CONFLICT OF INTEREST AS SOON AS THEY BECOME AWARE OF THE CONFLICT. THE GENERAL COUNSEL WILL REVIEW THE DISCLOSURES AND REPORT CONFLICTS OF INTEREST TO THE CHAIRMAN OF THE BOARD AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE CONSIDERS THE BEST INTERESTS OF THE COLLEGE AND THE NATURE OF THE CONFLICT. THE AUDIT COMMITTEE EVALUATES THE CIRCUMSTANCES OF THE ISSUE OR TRANSACTION TO ENSURE THAT THE PROPOSAL IS FEASIBLE, THE TERMS ARE FAVORABLE TO THE COLLEGE, AND THAT THEY HAVE CONSIDERED ANY POTENTIAL PITFALLS OF ENTERING INTO A TRANSACTION OR DECIDING AN ISSUE WHERE A CONFLICT EXISTS. THE AUDIT COMMITTEE MAY CONSIDER WHETHER ADVICE FROM COUNSEL OR OTHER INDEPENDENT ADVISORS IS NECESSARY IN PARTICULAR INSTANCES. THE AUDIT COMMITTEE WILL DELIBERATE THE REPORTED CONFLICT AND VOTE TO MAKE ONE OF TWO DETERMINATIONS; THAT NO MATERIAL CONFLICT OF INTEREST EXISTS AND THAT NO ACTION IS NECESSARY OR THAT A MATERIAL CONFLICT OF INTEREST DOES EXIST AND RECOMMEND A STRATEGY TO ADDRESS THE IDENTIFIED CONFLICT. THESE FINDINGS WILL BE COMMUNICATED TO THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE. THE MINUTES OF THE MEETING SHALL REFLECT THE NATURE OF THE CONFLICT AND THE AUDIT COMMITTEES' DETERMINATION WITH RESPECT TO THE SPECIFIC PROCEDURES THE MEMBER WILL FOLLOW REGARDING THE ISSUE OR TRANSACTION.
COMPENSATION POLICY	FORM 990, PART VI, SECTION B, LINE 15B	THE BYLAWS (ARTICLE 2, SECTION 6) OF THE COLLEGE ESTABLISH THAT THE BOARD HAS THE AUTHORITY TO HIRE, EMPLOY AND SET THE REMUNERATION OF THE PRESIDENT AND ALL OTHER OFFICERS OF INSTRUCTIONS AND ADMINISTRATION. THE EXECUTIVE COMMITTEE IS A PERMANENT COMMITTEE OF THE BOARD THAT HAS BEEN ASSIGNED THE RESPONSIBILITY FOR EVALUATING COMPENSATION REASONABLENESS FOR ALL OFFICERS OR HIGHLY PAID. THE COMMITTEE IS COMPOSED OF FIVE TO SIX MEMBERS AND INCLUDES THE PRESIDENT WHO IS EX-OFFICIO CHAIR AND MEMBER OF THE COMMITTEE. THE PRESIDENT DOES NOT PARTICIPATE IN THE COMMITTEE DISCUSSION OR VOTE REGARDING THE EXECUTIVE'S COMPENSATION. THE COMMITTEE REVIEWS THE ENTIRE COMPENSATION PACKAGE INCLUDING BENEFITS BY: * ASSESSING THE NATURE AND SCOPE OF EACH POSITION * ASSESSING THE INDIVIDUALS HOLDING EACH POSITION INCLUDING UNIQUE BACKGROUND, EXPERIENCE, PERSONAL SKILLS, PERFORMANCE, ADDITIONAL DUTIES AND ABILITIES AND THE ABILITY TO SOLVE CHALLENGES FACING THE COLLEGE * OBTAINING APPROPRIATE AND COMPARABLE COMPENSATION MARKET DATA FROM THE FOLLOWING SOURCES - SIMILARLY SITUATED ORGANIZATIONS, BOTH FOR-PROFIT AND TAX EXEMPT FOR FUNCTIONALLY COMPARABLE POSITIONS INCLUDING COMPARATIVE DATA FROM: CUPA, OTHER JESUIT COLLEGES AND UNIVERSITIES, AND THE HAY NEW ENGLAND MARKET SURVEY; - INDEPENDENT COMPENSATION SURVEYS BY NATIONALLY RECOGNIZED INDEPENDENT FIRMS; - PERIODICALLY USE INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW EXECUTIVE COMPENSATION. THE COMMITTEE DELIBERATES THE INFORMATION PROVIDED AND RELATIVE CONTRIBUTION OF EACH EXECUTIVE MEMBER BEFORE VOTING ON THE COMPENSATION PACKAGE. THE PRESIDENT IS A MEMBER OF THE SOCIETY OF JESUS. MEMBERS OF THIS RELIGIOUS ORDER TAKE A VOW OF POVERTY AND RECEIVE COMPENSATION AS AN AGENT OF THEIR RELIGIOUS ORDER.
PUBLIC DISCLOSURE	FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGES GOVERNING INSTRUMENTS, ARTICLES OF INCORPORATION AND BYLAWS MAY BE FOUND ON THE COLLEGE WEB SITE UNDER THE OFFICE OF THE GENERAL COUNSEL. CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE INTRANET.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome	EOY AssetsEOYAssets	Business Name Line1DirectControllingEntityName/BusinessNameLine1
GENERAL ALUMNI ASSOC
1 COLLEGE STREET	WORCESTER	MA	01610	SUPPORT	MA	136419	5624	NA
HOLY CROSS CLUB OF BOSTON
1 COLLEGE STREET	WORCESTER	MA	01610	SUPPORT	MA	0	14232	NA

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	ALCHEMY PLAN LP	BusinessNameLine1

Field	Value	IRS element (for citing)
EIN	980376083	EIN
Primary Activity	INVESTING	PrimaryActivity
Legal Domicile Foreign Country	GK	LegalDomicileForeignCountry

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NA	BusinessNameLine1

Field	Value	IRS element (for citing)
Predominant Income Type	INVESTMENT	PredominantIncomeType
Share Of Total Income	1113308	ShareOfTotalIncome
Share Of EOY Assets	16531666	ShareOfEOYAssets
Disproportionate Allocations	false	DisproportionateAllocations
General Or Managing Partner	false	GeneralOrManagingPartner

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership
AC CHARITABLE TRUST
1 COLLEGE STREET	WORCESTER	MA	01610	046418543	CHARITABLE TRUST	MA	NA	TRUST	0	344194	0.67000
JF CHARITABLE REMAINDER TRUST
1 COLLEGE STREET	WORCESTER	MA	01610	436895350	CHARITABLE TRUST	MA	NA	TRUST	0	243460	0.52000

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	true	OtherTransferToOtherOrg
Other Transfer From Other Org	true	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
ALCHEMY PLAN LP
Q	2230852
ALCHEMY PLAN LP
R	79044