2011-01-27T10:24:40-06:00 2010-06-30 BROWN EDWARDS & COMPANY LLP 319 MCCLANAHAN ST ROANOKE VA 24014 990 2009-07-01 530196640 TRINITY COLLEGE TRIN 2028849000 125 MICHIGAN AVENUE NE WASHINGTON DC 200171004 BARBARA LETTIERE 2028849526 2011-01-14 1 Gary R Duerk 5403450936 2009 2016-02-24 21:20:13Z TRINITY WASHINGTON UNIVERSITY PATRICIA MCGUIRE 125 MICHIGAN AVENUE NE WASHINGTON DC 200171004 41156659 0 X WWW.TRINITYDC.EDU X 1897 DC TRINITY IS A COMPREHENSIVE INSTITUTION OFFERING A BROAD RANGE OF EDUCATIONAL PROGRAMS THAT PREPARE STUDENTS ACROSS THE LIFESPAN FOR THE INTELLECTUAL, ETHICAL, AND SPIRITUAL DIMENSIONS OF CONTEMPORARY WORK, CIVIC AND FAMILY LIFE. 18 17 675 0 0 -89513 2329098 2123134 24460573 29231420 -417473 856603 2783750 3241533 29155948 35452690 4875450 6156960 0 14235709 15372236 0 325055 11116207 10942212 30227366 32471408 -1071418 2981282 54265867 58573525 24274215 24433342 29991652 34140183 TO EXPAND ON THE MISSION STATEMENT MADE ON PAGE 1, TRINITY'S CORE MISSION VALUES AND CHARACTERISTICS EMPHASIZE: 1)COMMITMENT TO THE EDUCATION OF WOMEN IN A PARTICULAR WAY THROUGH THE DESIGN AND PEDAGOGY OF THE HISTORIC UNDERGRADUATE WOMEN'S COLLEGE, AND BY ADVANCING PRINCIPLES OF EQUITY, JUSTICE, AND HONOR IN THE EDUCATION OF WOMEN AND MEN IN ALL OTHER PROGRAMS; 2)FOUNDATION FOR LEARNING IN THE LIBERAL ARTS THROUGH THE CURRICULUM DESIGN IN ALL UNDERGRADUATE DEGREE PROGRAMS AND THROUGH EMPHASIS ON THE KNOWLEDGE, SKILLS, AND VALUES OF LIBERAL LEARNING IN ALL GRADUATE AND PROFESSIONAL PROGRAMS; 3)INTEGRATION OF LIBERAL LEARNING WITH PROFESSIONAL PREPARATION THROUGH APPLIED AND EXPERIENTIAL LEARNING OPPORTUNITIES IN ALL PROGRAMS; AND 4)GROUNDING IN THE MISSION OF THE SISTERS OF NOTRE DAME DE NAMUR AND THE CATHOLIC TRADITION, WELCOMING PERSONS OF ALL FAITHS, TO ACHIEVE THE LARGER PURPOSES OF LEARNING IN THE HUMAN SEARCH FOR MEANING AND FULFILLMENT. 0 0 8354635 28974113 INSTRUCTION - EXPENSES INCLUDE SALARY AND BENEFITS FOR FULL-TIME FACULTY AND ADJUNCT FACULTY MEMBERS. During the academic year, Trinity had approximately 2000 students enrolled in its three schools. TRINITY COLLEGE MAINTAINS A LOW STUDENT TO FACULTY RATIO. 6156960 6156960 STUDENT FINANCIAL AID - expenses include aid provided through unfunded scholarships and discounts and restricted scholarships (term and endowment). As disclosed elsewhere in the FORM 990, approximately 1100 Trinity students received some portion of student financial aid during the academic year. 3924080 2871935 STUDENT SERVICES - expenses include athletics and recreation, admissions, registrar's office, health and counseling, student life and campus housing staff and programs, financial aid, and campus ministry. 3534610 AUXILIARY ENTERPRISES - THE COLLEGE'S DOMITORIES, DINING HALL AND THE TRINITY CENTER FOR WOMEN AND GIRLS IN SPORTS ARE THE MAJOR AUXILIARY ENTERPRISES SERVING THE CAMPUS COMMMUNITY. FOUR RESIDENCE HALLS PROVIDE LIVING QUARTERS FOR STUDENTS. 2616676 ACADEMIC SUPPORT INCLUDES A 200,000 VOLUME ON-LINE LIBRARY, COMPUTER CENTER AND ADMINISTRATIVE OFFICE. 6151286 24586961 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4483 0 1 675 1 1 1 0 0 0 0 0 0 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X X TRACY BERMAN CONTROLLER'S OFFICE 2028849518 125 MICHIGAN AVENUE NE WASHINGTON DC 20017 LAURA PHILLIPS 1.00 X 0 0 0 IRENE HORSTMANN HANNAN 1.00 X 0 0 0 PATRICIA CHAPPELL SND 1.00 X 0 0 0 NICOLE LANG MD 1.00 X 0 0 0 SHIRLEY EDWARDS 1.00 X 0 0 0 TERRI LEE FREEMAN 1.00 X 0 0 0 BARBARA GLYNN 1.00 X 0 0 0 EDITHANN KANE SND 1.00 X 0 0 0 BARBARA KARL SND 1.00 X 0 0 0 PATRICIA 0'BRIEN SND 1.00 X 0 0 0 EARL SEGAL 1.00 X 0 0 0 MARILYN DEMOREST 1.00 X 0 0 0 PAULA LETTICE 1.00 X 0 0 0 ARGELIA RODRIGUEZ 1.00 X 0 0 0 PATRICIA MCGUIRE 40.00 X X 179107 0 17133 EDWARD M HEALTON MD 1.00 X 0 0 0 KRISTEN CONTE 1.00 X 0 0 0 Barbara Lang 1.00 X 0 0 0 BARBARA LETTIERE 40.00 X 96000 0 0 CAROLE KING 40.00 X 86087 0 10670 DELORES K GAPEN 40.00 X 127384 0 7381 SUELLEN MEARA 40.00 X 111628 0 13024 CATHERINE H GEIER 40.00 X 100301 0 16857 REBECCA VUKSTA 40.00 X 103224 0 11707 STEPHANIE HOLADAY 40.00 X 103476 0 4307 907207 0 81079 6 0 1 0 0 576258 1546876 2123134 TUITION AND FEES 611600 28974112 28974112 CONFERENCES AND WKSHPS 611710 257308 257308 29231420 861466 861466 388248 388248 388248 388248 5699106 5703969 -4863 -4863 -4863 ROOM AND BOARD 721310 2363998 2363998 MISCELLANEOUS 900099 255493 255493 ATHLETIC MBRSHP FEES 713940 233794 233794 2853285 35452690 31846048 0 1483508 6156960 6156960 388998 388998 12610487 10028665 2355052 226770 406260 296287 102174 7799 1080643 562059 508527 10057 885848 712691 156520 16637 58239 58239 109791 109791 62397 62397 1967926 387952 1579974 83147 69159 12825 1163 14607 11098 3509 617158 617158 1147119 1147119 PROFESSIONAL FEES 3755831 179938 3571919 3974 FOOD SERVICE 811637 808950 2687 BAD DEBT & COLLECT. EXP 457704 675 456815 214 PROGRAM MARKETING 357564 316491 38792 2281 EQUIP. RENTAL & MAINT. 326215 60430 265785 1172877 4995606 -3878889 56160 32471408 24586961 7559392 325055 6601623 9232604 311839 394925 1814293 1337171 1137847 1216235 172779 111360 42048149 21898533 20797322 20149616 23149929 16349200 280235 9782414 54265867 58573525 1816990 1614079 1681328 1685493 17541407 17081781 353589 283589 2880901 3768400 24274215 24433342 X 10356778 12924718 3037225 3761008 16597649 17454457 29991652 34140183 54265867 58573525 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 17081596 8367 2089482 129403 20268 19029774 21671434 346723 -4767445 166050 3066 17081596 0.97000 0.03000 1 0 83218 83218 32934571 14809071 18125500 7668663 6900109 768554 1361697 189353 1172344 20149616 2001 BOND ISSUANCE COSTS 192418 ACCRUED INVESTMENT INCOME 70468 FUNDS HELD IN TRUST BY OTHERS 9519528 9782414 PERKINS FUND BALANCE 1296423 ASSET RETIREMENT OBLIGATION 989432 INTEREST RATE SWAP 1379476 CAPITAL LEASE PAYABLE 103069 3768400 35452690 32471408 2981282 1053395 113854 1167249 4148531 30400582 1053395 113854 1167249 29233333 62397 6156960 6219357 35452690 26252051 0 26252051 62397 6156960 6219357 32471408 Part III, Line 4: Trinity's art collection derives primarily from a 1904 gift of numerous oil paintings and eclectic items from Mrs. Myles O'Connor. The paintings are reproductions of masters, and are not particularly valuable. The collection is maintained in the Art Gallery, which was built for Mrs. O'Connor's collection in 1904-1906. The collection supports Trinity's program in Art History. Part V, Line 4: Description of Intended Use of Endowment Funds: Trinity intends to use these endowment funds mainly through the granting of scholarships to students. Part XI, Line 8 - Other Adjustments: CHANGE IN FMV OF SWAP AGREEMENT: -727206. CHANGE IN FMV VALUE OF FUNDS HELD BY OTHERS: 841060. Part XII, Line 2d - Other Adjustments: CHANGE IN FMV OF SWAP AGREEMENT: -727206. CHANGE IN FMV VALUE OF FUNDS HELD BY OTHERS: 841060. Part XII, Line 4b - Other Adjustments: SCHOLARSHIP EXPENSE/FINANCIAL AID: 6156960. Part XIII, Line 4b - Other Adjustments: SCHOLARSHIP EXPENSE/FINANCIAL AID: 6156960. 1 1 1 TRINITY COLLEGE PUBLISHES ITS "STATEMENT OF NONDISCRIMINATION" ON THE INSIDE COVER OF EACH OF THE COLLEGE'S CATALOGS AND PUBLIClY ON ITS WEBSITE AT WWW.TRINITYDC.EDU. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 TRINITY COLLEGE RECEIVES FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION UNDER THE FOLLOWNG STUDENT FINANCIAL ASSISTANCE PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL FAMILY EDUCATION LOAN PROGRAM, FEDERAL WORK-STUDY, FEDERAL DIRECT LENDING, FEDERAL PELL GRANTS, FEDERAL PERKINS LOANS, FEDERAL ACADEMIC COMPETITIVENESS GRANT, AND FEDERAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT. ADDITIONALLY, THE COLLEGE RECEIVES ADDITIONAL FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION FOR ITS UPWARD BOUND PROGRAM. 1 1 SEOG GRANT 89 156500 TERM SCHOLARSHIPS 2 3000 ENDOWED SCHOLARSHIPS 72 189550 SCHOOL OF PROFESSIONAL STUDIES TUITION DISCOUNTS 108 163549 SCHOOL OF EDUCATION TUITION DISCOUNTS 44 44543 COLLEGE OF ARTS AND SCIENCES UNRESTRICTED SCHOLARSHIPS 855 5594202 CONSORTIUM 5616 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Trinity participates in the Federal Title IV financial aid programs, and follows the procedures prescribed by the US Department of Education related to the disbursement of Title IV funds, institutional awards, and scholarships and assistance from other sources. These procedures include ensuring that students complete a FAFSA each academic year, completing the verification requirements, calculating satisfactory academic progress, and ensuring that students who withdraw or stop attending are reviewed and handled as prescribed by the Department of Education. X X 0 0 0 0 0 0 0 0 0 PATRICIA MCGUIRE 179107 0 0 0 0 0 12120 0 5013 0 196240 0 0 0 Form 990, Part VI, Section B, line 11 The form 990 was provided to the governing body, and all BOARD MEMBERS were invited to participate in a formal review meeting conducted by the Audit Committee. Form 990, Part VI, Section B, line 12c Trinity has vigorous conflict of interest policies covering the Board of Trustees, Faculty and Staff. The Board of Trustees members submit annual conflict of interest statements and these are reviewed by legal counsel, who reports results to the Audit Committee. Staff IS covered by the conflict of interest policy in the Employee Handbook, and executive staff ALSO submit written statements to the President. THE PRESIDENT reviews any potential conflicts with legal counsel. Faculty IS covered by the conflict of interest policy in the Faculty Handbook. Faculty ALSO complete written declarations, which are reviewed by the President and any potential conflicts are reviewed with legal counsel. Form 990, Part VI, Section B, line 15 For the President, an independent review committee of the Board of Trustees reviews compensation and comparability data from Trinity's benchmark comparision cohort is used. For other officers (the chief financial officer and the chief academic officer), the Board reviews and approves appointments and compensation at the recommendation of the President, and cohort comparison salary data is also used. The President provides annual reports to the Board of Trustees on executive compensation for all Senior Staff. Form 990, Part VI, Section C, line 18 THE FORM 990 AND 990T ARE AVAILABLE ON GUIDESTAR.ORG OR UPON WRITTEN REQUEST. Form 990, Part VI, Section C, line 19 All items are available on Trinity's website. The governing documents can be found at http://www.trinitydc.edu/policies/, along with the Conflict of Interest Policy, which is discussed under the General "Risk Management" Policy. The Conflict of Interest Policy is also discussed in the employee handbook, at http://www.trinitydc.edu/offices/hr/Documents/Employment_Handbook_Part_III/ In addition, Trinity's audited financial statements are available at http://www.trinitydc.edu/Finances/. FORM 990, PART XI, LINE 2C PROCESS FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: The Audit Committee assists the board in its oversight of the independence and qualifications of the independent auditor, which the Board retains upon the recommendation of the Audit Committee. The Audit Committee is responsible to oversee the annual audit, to receive the report of the auditors and to report the results of the Audit to the Board in a timely way. The Audit Committee consists of no fewer than three (3) independent trustees, appointed by the Chair of the Board, who have the requisite financial and audit expertise to fulfill the duties of the committee. The President may not serve as a member of the Audit Committee, but the committee may request that the President attend portions of meetings as necessary. The Vice President for Financial Affairs is the staff liaison to the Audit Committee but is not a member of the committee.