TRUSTEES OF UNION COLLEGE: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: TRUSTEES OF UNION COLLEGE (EIN 14-1338580)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-02-15
IRS object ID: 201120469349300337
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule 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	2011-02-15T12:39:01-06:00	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	515 Broadway 4th Floor	AddressLine1
City	Albany	City
State	NY	State
ZIP Code	122072974	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	141338580	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Trustees of Union College	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	TRUS	NameControl
Phone	5183886104	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	807 UNION STREET	AddressLine1
City	Schenectady	City
State	NY	State
ZIP Code	12308	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Diane Blake	Name
Title	VP of Finance and Admin	Title
Date Signed	2011-02-11	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	5184274600	Phone
Date Prepared	2011-02-11	DatePrepared

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	Stephen Ainlay	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	807 Union Street	AddressLine1
City	Schenectady	City
State	NY	State
ZIP Code	12308	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	311278710	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.union.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1795	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	See Attachment 3	ActivityOrMissionDescription
Nbr Voting Members Governing Body	36	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	31	NbrIndependentVotingMembers
Total Nbr Employees	2355	TotalNbrEmployees
Total Nbr Volunteers	56	TotalNbrVolunteers
Total Gross UBI	987146	TotalGrossUBI
Net Unrelated Business Txbl Income	-525165	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	17618336	ContributionsGrantsPriorYear
Contributions Grants Current Year	16047681	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	101955792	ProgramServiceRevenuePriorYear
Program Service Revenue CY	104836947	ProgramServiceRevenueCY
Investment Income Prior Year	-23502073	InvestmentIncomePriorYear
Investment Income Current Year	11506314	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2616075	OtherRevenuePriorYear
Other Revenue Current Year	3689238	OtherRevenueCurrentYear
Total Revenue Prior Year	98688130	TotalRevenuePriorYear
Total Revenue Current Year	136080180	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	30705141	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	32861431	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	59740362	SalariesEtcPriorYear
Salaries Etc Current Year	63105056	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	5141967	TotalFundrsngExpCurrentYear
Other Expense Prior Year	43061257	OtherExpensePriorYear
Other Expenses Current Year	42521319	OtherExpensesCurrentYear
Total Expenses Prior Year	133506760	TotalExpensesPriorYear
Total Expenses Current Year	138487806	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-34818630	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-2407626	RevenuesLessExpensesCY
Total Assets BOY	479591958	TotalAssetsBOY
Total Assets EOY	502130927	TotalAssetsEOY
Total Liabilities BOY	97985672	TotalLiabilitiesBOY
Total Liabilities EOY	100171078	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	381606286	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	401959849	NetAssetsOrFundBalancesEOY
Mission Description	UNION COLLEGE, FOUNDED IN 1795, IS A SCHOLARLY COMMUNITY DEDICATED TO SHAPING THE FUTURE AND TO UNDERSTANDING THE PAST. FACULTY, STAFF AND ADMINISTRATORS WELCOME DIVERSE AND TALENTED STUDENTS INTO OUR COMMUNITY, WORK CLOSELY WITH THEM TO PROVIDE A BROAD AND DEEP EDUCATION, AND GUIDE THEM IN FINDING AND CULTIVATING THEIR PASSIONS. WE DO THIS WITH A WIDE RANGE OF DISCIPLINES AND INTERDISCIPLINARY PROGRAMS IN THE LIBERAL ARTS AND ENGINEERING, AS WELL AS ACADEMIC, ATHLETIC, CULTURAL, AND SOCIAL ACTIVITIES, INCLUDING OPPORTUNITIES TO STUDY ABROAD AND TO PARTICIPATE IN UNDERGRADUATE RESEARCH AND COMMUNITY SERVICE. WE DEVELOP IN OUR STUDENTS THE ANALYTIC AND REFLECTIVE ABILITIES NEEDED TO BECOME ENGAGED, INNOVATIVE, AND ETHICAL CONTRIBUTORS TO AN INCREASINGLY DIVERSE, GLOBAL AND TECHNOLOGICALLY COMPLEX SOCIETY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	125673384	Expense
Grants	32861431	Grants
Revenue	85198768	Revenue
Description	Providing higher education to support approximately 2,200 full-time equivalent students under a four year program leading to a bachelor's degree	Description
Total Program Service Expense	125673384	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	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	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	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	true	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	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	339	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2355	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Nbr Voting Governing Body Members	36	NbrVotingGoverningBodyMembers
Number Independent Voting Members	31	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	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	true	LocalChapters
Policies Reference Chapters	true	PoliciesReferenceChapters
Form990 Provided To Governing Body	false	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	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	DIANE BLAKE	NamePerson
Telephone Number	5183886104	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	807 UNION STREET	AddressLine1
City	Schenectady	City
State	NY	State
ZIP Code	12308	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (56 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
David B Chapnick
Life Trustee	0.5	X	0	0	0
Stephen J Ciesinski
Life Trustee	0.5	X	0	0	0
Robert DeMichele
Life Trustee	0.5	X	0	0	0
Neil M Golub
Life Trustee	0.5	X	0	0	0
Robert D Bertagna
Term Trustee	0.5	X	0	0	0
David J Breazzano
Term Trustee	0.5	X	0	0	0
John J Castellani
Term Trustee	0.5	X	0	0	0
William J Curtin
Term Trustee	0.5	X	0	0	0
Nancy Eppler Wolff
Chair of President's Council	0.5	X	0	0	0
David Henle
Term Trustee	0.5	X	0	0	0
Valerie Hoffman
Term Trustee/Secy of the Board	0.5	X	0	0	0	X
Adrian Maclean Jay
Term Trustee	0.5	X	0	0	0
Douglass karp
Term Trustee	0.5	X	0	0	0
John E Kelly III
Term Trustee	0.5	X	0	0	0
Paul LeClerc
Term Trustee	0.5	X	0	0	0
Kathy E Magliato
Term Trustee	0.5	X	0	0	0
Frank L Messa
Term Trustee/Chr of the Board	0.5	X	0	0	0	X
Stanley O Brien
Term Trustee	0.5	X	0	0	0
Lawrence Pedowitz
Term Trustee/GC for the Board	0.5	X	0	0	0	X
Stephen W Ritterbush
Term Trustee	0.5	X	0	0	0
James W Taylor
Term Trustee	0.5	X	0	0	0
David A Viniar
Term Trustee	0.5	X	0	0	0
Mark Walsh
Term Trustee/VC of the Board	0.5	X	0	0	0	X
Kelly M Williams
Term Trustee	0.5	X	0	0	0
Robert A Danziger
Alumni Trustee	0.5	X	0	0	0
Michael F Newell
Alumni Trustee	0.5	X	0	0	0
Jason Oshins
Alumni Trustee	0.5	X	0	0	0
John R Vero
Alumni Trustee	0.5	X	0	0	0
James M Kenney
Faculty Trustee	0.5	X	0	0	0
Gabriel Harris
Student Trustee	0.5	X	0	0	0
Robert T Abbe
Trustees Emeriti	0.5	X	0	0	0
Gerald Barandes
Trustees Emeriti	0.5	X	0	0	0
Philip R Beuth
Trustees Emeriti	0.5	X	0	0	0
Arnold I Burns
Trustees Emeriti	0.5	X	0	0	0
William G Burns
Trustees Emeriti	0.5	X	0	0	0
Lee L Davenport
Trustees Emeriti	0.5	X	0	0	0
Robert B EnemarK
Trustees Emeriti	0.5	X	0	0	0
Joseph M Hinchey
Trustees Emeriti	0.5	X	0	0	0
Norton H Reamer
Trustees Emeriti	0.5	X	0	0	0
John S Wold
Trustees Emeriti	0.5	X	0	0	0
James M Lippman
Term Trustee	0.5	X	0	0	0
William M Wicker
Term Trustee	0.5	X	0	0	0
Leo Fleishman
Faculty Trustee	0.5	X	0	0	0
Anthony Perez
Student Trustee	0.5	X	0	0	0
Stephen Ainlay
President	40.0		374782	0	96756	X
Diane Blake
VP for Fin & Admin/ Treasurer	40.0		198084	0	29247	X
Kathryn L Quinn
Assitant Secretary	40.0		90034	0	10025	X
Therese McCarty
VP Acad Aff & Dean of Students	40.0		183946	0	28077	X
Penelope Adey
Registrar	40.0		79521	0	13272	X
Stephen Dare
VP for College Relations	40.0		198549	0	63164		X
Matthew Malatesta
VP for Admin, Fin Aid & Enrl	40.0		167596	0	22915		X
Valerie Barr
Professor of computer science	40.0		145011	0	23230			X
Alan Taylor
Professor of Mathematics	40.0		168556	0	23490			X
Peter Heinegg
Professor of English	40.0		140496	0	23469			X
Hilary Tann
Professor of Music	40.0		139102	0	22904			X
Harold Fried
Professor of Business Ethics	40.0		137970	0	41361			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	2023647	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	397910	TotalOtherCompensation
Number Individuals GT100 K	70	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	Address Line1AddressOfContractor/AddressForeign/AddressLine1	CityAddressOfContractor/AddressForeign/City	Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState	CountryAddressOfContractor/AddressForeign/Country
FPI Mechanical
11 Green Mountain Drive	COHOES	NY	12047	CONSTRUCTION	560441
AJ Martini Inc
5 Lowell Avenue	WINCHESTER	MA	01890	construction	3814327
Elliott Associates
				Investment Managemen	879713	PO BOX 484 STRATHVALE HOUSE	NORTH CHRUCH STREET	GEORGE TOWN	CJ
Einhorn Yaffee Prescott
PO Box 617	ALBANY	NY	12201	Consulting	1406538
SEG Parters Offshore
				Investment Managemen	608617	ROYAL TRUST TOWER 77 KING STREET W	SUITE 3400, PO BOX 38	TORONTO,ONTARIO	CA

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	34	NumberOfContractorsGT100K
Fundraising Events	97703	FundraisingEvents
Government Grants	2705441	GovernmentGrants
All Other Contributions	13244537	AllOtherContributions
Noncash Contributions	1106133	NoncashContributions
Total Contributions	16047681	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount	Unrelated Business RevenueUnrelatedBusinessRevenue
TUITION & FEES	611710	85217375	85217375
ATHLETICS	713990	148060		$148,060
AUXILIARY ENTERPRISE	713990	19210657		$18,480,862	729795
RENT BOOKSTORE	611710	52125		$52,125
AUXILIARY ICE RINK	713990	208730			208730

Field	Value	IRS element (for citing)
Total Program Service Revenue	104836947	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2746891	TotalRevenueColumn
Unrelated Business Revenue	9201	UnrelatedBusinessRevenue
Exclusion	$2,737,690	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	250857	TotalRevenueColumn
Exclusion	$250,857	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

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

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	39420	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	39420	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	39420	TotalRevenueColumn
Unrelated Business Revenue	39420	UnrelatedBusinessRevenue

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	180901439	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	172392873	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	8508566	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	8508566	TotalRevenueColumn
Exclusion	$8,508,566	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	75421	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	97703	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	94028	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-18607	TotalRevenueColumn
Related Or Exempt Function Income	-18607	RelatedOrExemptFunctionIncome

Net Income From Gaming NetIncomeFromGaming

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

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	4085900	GrossSalesOfInventory
Cost Of Goods Sold	2711629	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	1374271	TotalRevenueColumn
Exclusion	$1,374,271	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISC OPER REV	Description
Business Code	900099	BusinessCode
Total Revenue Column	2294154	TotalRevenueColumn
Exclusion	$2,294,154	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	2294154	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	136080180	TotalRevenueColumn
Related Or Exempt Function Income	85198768	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	987146	UnrelatedBusinessRevenue
Exclusion	$33,846,585	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	32861431	Total
Program Services	32861431	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	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	1601097	Total
Program Services	543107	ProgramServices
Management And General	788422	ManagementAndGeneral
Fundraising	269568	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	44183224	Total
Program Services	40000344	ProgramServices
Management And General	1848827	ManagementAndGeneral
Fundraising	2334053	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	5018856	Total
Program Services	4558739	ProgramServices
Management And General	203371	ManagementAndGeneral
Fundraising	256746	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	8987621	Total
Program Services	8271305	ProgramServices
Management And General	281115	ManagementAndGeneral
Fundraising	435201	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3314258	Total
Program Services	2928732	ProgramServices
Management And General	192051	ManagementAndGeneral
Fundraising	193475	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	393509	Total
Program Services	393509	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	279621	Total
Program Services	21243	ProgramServices
Management And General	258378	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	128551	Total
Program Services	0	ProgramServices
Management And General	128551	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	48159	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	48159	Fundraising

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	1183481	Total
Program Services	0	ProgramServices
Management And General	1183481	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1540070	Total
Program Services	1168326	ProgramServices
Management And General	214382	ManagementAndGeneral
Fundraising	157362	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	398280	Total
Program Services	258782	ProgramServices
Management And General	43887	ManagementAndGeneral
Fundraising	95611	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	7215333	Total
Program Services	6271141	ProgramServices
Management And General	370421	ManagementAndGeneral
Fundraising	573771	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	2135804	Total
Program Services	2043934	ProgramServices
Management And General	54891	ManagementAndGeneral
Fundraising	36979	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7642667	Total
Program Services	7040421	ProgramServices
Management And General	476506	ManagementAndGeneral
Fundraising	125740	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2528137	Total
Program Services	2232491	ProgramServices
Management And General	73707	ManagementAndGeneral
Fundraising	221939	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1949627	Total
Program Services	1462826	ProgramServices
Management And General	120520	ManagementAndGeneral
Fundraising	366281	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	3186129	Total
Program Services	3167904	ProgramServices
Management And General	18225	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	9797976	Total
Program Services	9797976	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	647371	Total
Program Services	144441	ProgramServices
Management And General	502589	ManagementAndGeneral
Fundraising	341	Fundraising

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	OTHER EXPENSES	Description
Total	3446604	Total
Program Services	2506732	ProgramServices
Management And General	913131	ManagementAndGeneral
Fundraising	26741	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	138487806	Total
Program Services	125673384	ProgramServices
Management And General	7672455	ManagementAndGeneral
Fundraising	5141967	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	297519	BOY
EOY	409435	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	12740965	BOY
EOY	18597155	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	11642839	BOY
EOY	12303132	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3290416	BOY
EOY	4781029	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	7453567	BOY
EOY	6864246	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	937973	BOY
EOY	1028097	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	787109	BOY
EOY	588467	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	311205612	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	174625765	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	127618688	BOY
EOY	136579847	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	147415463	BOY
EOY	124703023	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	152104408	BOY
EOY	175832865	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	15303011	BOY
EOY	20443631	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	479591958	BOY
EOY	502130927	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	10921503	BOY
EOY	12997066	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1227687	BOY
EOY	910152	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	65266208	BOY
EOY	65643704	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	20570274	BOY
EOY	20620156	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	97985672	BOY
EOY	100171078	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	233510820	BOY
EOY	248710433	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	14149753	BOY
EOY	16942585	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	133945713	BOY
EOY	136306831	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	381606286	BOY
EOY	401959849	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	479591958	BOY
EOY	502130927	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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	true	OtherActivities
Other Activities	$48,159	OtherActivitiesAmount
Total Lobbying Expenditures IIB	48159	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3
Form4720 Filed4912 Tax	false	Form4720Filed4912Tax

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Part II-B question i	Identifier
Explanation	Union retains a lobbying firm in Washington DC to obtain funding for the college through the federal appropriations process.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
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

Collection Used For Other CollectionUsedForOther

Field	Value	IRS element (for citing)
Collection Used For Other Purposes	X	CollectionUsedForOtherPurposes
Description Of Other Purposes	Educational	DescriptionOfOtherPurposes

Field	Value	IRS element (for citing)
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	291305120	BeginningOfYearBalance
Contributions	6635723	Contributions
Investment Earnings Or Losses	37872215	InvestmentEarningsOrLosses
Grants Or Scholarships	5109830	GrantsOrScholarships
Other Expenditures	28774697	OtherExpenditures
Administrative Expenses	4850000	AdministrativeExpenses
End Of Year Balance	297078531	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	399538866	BeginningOfYearBalance
Contributions	6328854	Contributions
Investment Earnings Or Losses	-88958538	InvestmentEarningsOrLosses
Grants Or Scholarships	4643118	GrantsOrScholarships
Other Expenditures	17721944	OtherExpenditures
Administrative Expenses	3239000	AdministrativeExpenses
End Of Year Balance	291305120	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.27000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.65000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.01000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	101	OtherCostOrOtherBasis
Book Value	101	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	132797936	OtherCostOrOtherBasis
Depreciation	60943480	Depreciation
Book Value	71854456	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	50687813	OtherCostOrOtherBasis
Depreciation	22911274	Depreciation
Book Value	27776539	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	75875628	OtherCostOrOtherBasis
Depreciation	64728402	Depreciation
Book Value	11147226	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	51844135	OtherCostOrOtherBasis
Depreciation	26042609	Depreciation
Book Value	25801526	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	136579848	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (9 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
COMMON STOCKS AND MUTUAL FUNDS	14907768	F
INTERNATIONAL PRIVATE EQUITY	1572264	F
VENTURE CAPITAL	2507045	F
PRIVATE EQUITY	18482810	F
MORTGAGE & OTHER	1516	F
ABSOLUTE RETURN FUNDS	736209	F
HEDGED EQUITY FINDS	90882283	F
EMERGING MARKETS	16598841	F
DISTRESSED DEBT	30144129	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	175832865	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
ASSET RETIREMENT OBLIGATIONS	$1,729,500
FEDERAL STUDENT LOAN FUNDS	$2,547,396
ACCRUED POST RETIREMENT BENEFIT	$10,595,486
PLIF & CGA	$5,747,774

Field	Value	IRS element (for citing)
Total Of Amounts	20620156	TotalOfAmounts
Total Revenue	136080180	TotalRevenue
Total Expenses	138487806	TotalExpenses
Excess Or Deficit For Year	-2407626	ExcessOrDeficitForYear
Net Unrealized GL On Investments	22761190	NetUnrealizedGLOnInvestments
Total Adjustments	22761190	TotalAdjustments
Excess Or Deficit Per FS	20353564	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	161622274	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	22761190	NetUnrealizedGainsInvestments
Other Revenues	69275	OtherRevenues
Revenue Not Rptd F990	22830465	RevenueNotRptdF990
Revenue Subtotal	138791809	RevenueSubtotal
Other Revenues Not Included	-2711629	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-2711629	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	136080180	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	141268710	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	2780904	OtherExpensesIncluded
Expenses Not Rptd F990	2780904	ExpensesNotRptdF990
Expenses Subtotal	138487806	ExpensesSubtotal
Total Expenses Per Form990	138487806	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifier	ExplanationExplanation
Part III, Line 4	The College's collections are made up of approximately 3,000 objects and their estimated fair value is approximately $14,500,000. The College's policy is not to capitalize its collections. The College's collections comprise paintings and portraits, furniture, works on paper, scientific instrumentation, and other objects. During the year one of the collection items was reappraised at a lower value. The College's collections are held for educational, research, scientific, and curatorial purposes. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed periodically. All proceeds resulting from the deaccessioning of objects from the permanent collection are allocated for the benefit of the collections. During the years ended June 30, 2010 and 2009, no objects were deaccessioned.
Part V, line 4	The intended use of the organization's endowment funds are to be used for programs and other educational purposes in accordance with donor intentions for the use of funds.
Part X, line 2	The College is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code and is generally exempt from income tax on related income. The College recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs.
Part XII, line 2d	Athletic Fundraising Expense 69,275
Part XII, line 4b	Bookstore COGS, Part VIII, line 10b ($2,711,629)
Part XIII, line 2d	Bookstore COGS/Athletics Fundraising exp. $2,711,627 Athletic Fundraising Expense 69,275 ---------- Total $2,780,902 ==========

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	RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH AREA NEWSPAPER UNION COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF AGE, SEX, RACE, RELIGION, HANDICAP OR NATIONAL ORIGIN. THE COLLEGE'S POLICY OF NONDISCRIMINATION EXTENDS TO ALL AREAS OF COLLEGE OPERATIONS, INCLUDINg BUT NOT LIMITED TO ADMISSIONS, STUDENT AID, ATHLETICS, EMPLOYMENT AND EDUCATIONAL PROGRAMS. ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITies GENERALLY ACCORDED TO ALL FULL-TIME MATRICULATED STUDENTS OF THE COLLEGE ARE ACCORDED ON A NONDISCRIMINATORY BASIS.	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 ORGANIZATION HAS RECEIVED THE FOLLOWING: 1. FEDERAL CAMPUS-BASED AID, WHICH INCLUDES FEDERAL WORK-STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND FEDERAL PERKINS LOANS FROM THE U.S. DEPARTMENT OF EDUCATION. 2. THE NSF - STEM SCHOLARSHIPS WHICH ARE ALSO FUNDED BY THE FEDERAL GOVERNMENT. 3. TAP AWARDS, NYS MERIT SCHOLARSHIPS, AS WELL AS THE TUITION/MAINTENAnce GRANTS RECEIVED FROM NYS FOR THE HEOP PROGRAM.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (16 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures	Number Of EmployeesNumberOfEmployees
North America	Program Services	Study abroad	21022
South Asia	Program Services	Study abroad	43428
East Asia and the Pacific	Program Services	Study abroad	720245	5
South America	Program Services	Study abroad	232746	1
Central America and the Caribbean	Program Services	Study abroad	27485
Europe (Including Iceland and Greenland)	Program Services	Study abroad	1470339	7
Middle East and North Africa	Program Services	Study abroad	102534
Sub-Saharan Africa	Program Services	Study abroad	18930
North America	Investments	N/A
Central America and the Caribbean	Investments	N/A
Europe (Including Iceland and Greenland)	Investments	N/A
East Asia and the Pacific	Investments	N/A
South Asia	Investments	N/A
Middle East and North Africa	Investments	N/A
Sub-Saharan Africa	Investments	N/A
Russia and the Newly Independent States	Investments	N/A

Field	Value	IRS element (for citing)
Total Number Of Employees	13	TotalNumberOfEmployees
Total Amount Spent	2636729	TotalAmountSpent

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Golf Outing	NameOfEvent1
Gross Receipts Event1	42282	GrossReceiptsEvent1
Charitable Contributions Event1	31122	CharitableContributionsEvent1
Gross Revenue Event1	11160	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	2175	NonCashPrizesEvent1
Rent Facility Costs Event1	7664	RentFacilityCostsEvent1
Food And Beverage Event1	0	FoodAndBeverageEvent1
Entertainment Event1	0	EntertainmentEvent1
Other Direct Expenses Event1	6837	OtherDirectExpensesEvent1
Name Of Event2	Garnet Blades	NameOfEvent2
Gross Receipts Event2	38489	GrossReceiptsEvent2
Charitable Contributions Event2	23974	CharitableContributionsEvent2
Gross Revenue Event2	14515	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	8440	NonCashPrizesEvent2
Rent Facility Costs Event2	16720	RentFacilityCostsEvent2
Food And Beverage Event2	0	FoodAndBeverageEvent2
Entertainment Event2	0	EntertainmentEvent2
Other Direct Expenses Event2	1000	OtherDirectExpensesEvent2
Total Number Of Other Events	6	TotalNumberOfOtherEvents
Gross Receipts Other Events	89340	GrossReceiptsOtherEvents
Charitable Contrib Other Events	42607	CharitableContribOtherEvents
Gross Revenue Other Events	46733	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	340	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	22064	RentFacilityCostsOtherEvents
Food And Beverage Other Events	0	FoodAndBeverageOtherEvents
Entertainment Other Events	0	EntertainmentOtherEvents
Other Direct Expenses Other Events	36794	OtherDirectExpensesOtherEvents
Gross Receipts Total	170111	GrossReceiptsTotal
Charitable Contributions Total	97703	CharitableContributionsTotal
Gross Revenue Total Events	72408	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	10955	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	46448	RentFacilityCostsTotalEvents
Food And Beverage Total Events	0	FoodAndBeverageTotalEvents
Entertainment Total Events	0	EntertainmentTotalEvents
Other Direct Expenses Total Events	44631	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	102034	DirectExpenseSummaryEvents
Net Income Summary	-29626	NetIncomeSummary

Schedule I IRS990ScheduleI

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

Form990 Schedule I Part III Form990ScheduleIPartIII (9 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Amount Of Cash GrantAmountOfCashGrant
Higher Education Opportunity Program	76	154476	Book	Cr to Student's a/c
Union College General Scholarships	1379	26158851	Book	Cr to Student's a/c
Endowed Scholarships	529	4765695	Book	Cr to Student's a/c
Annual Restricted Scholarships	98	574570	BOOK	Cr to Student's a/c	8150
Work Study	641				437711
Supplemental Educational Opportunity Grant	355	393465	Book	Cr to Student's a/c
ROTC Scholarship	7	283668	Scholarships	cr to student's a/c
Supporting Scholars in Science And Engineering	355	106610	Book	Cr to Student's a/c
Davis UWC Scholars Program	15	263333	Scholarships	cr to student's a/c

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Part I, Line 2	Identifier
Explanation	HEOP: Higher Education Opportunity Program - This is funded from NYS, and there are certain guidelines that students must meet to qualify for the program. These include academic and financial guidelines established by NYS for academically and financially disadvantaged families. These students cannot be admissible to the College under standard guidelines. These students must be NY residents. The Financial Aid Department completes these packages by receiving a list of those who may be eligible from the AOP Office (working with Admissions). These students usually receive in their package the maximum TAP award available, maximum SEOG and Pell available, and then receive $2,500 from the state for HEOP. These students may also receive $1,500 in work study and $1,500 in loan (usually Perkins, sometimes Stafford) for the first 2 years and then receive $1,500 in work study and $2,000 in loan for the second 2 years. All books are covered as well as fees (i.e. terms abroad and any health insurance fees not waived) through a Union College scholarship. Internal Controls 1. The Financial Aid Department using the awarding policy issued by the State of New York when packaging NY Tap. 2. The Financial Aid Department loads the TAP roster into Datatel for processing after the add/drop for each term. Based on the output from this procedure, Tap funds are either certified or decertified according to the requirements outlined above. 3. The Financial Aid Department reviews student eligibility for HEOP, AOP and POSSE using the program criteria listed above. Internal Audit Procedures For the audit sample selected each record will be tested as follows: 1. Students were awarded TAP at the correct levels according to the NY State TAP requirements. 2. The Financial Aid Department certified and decertified NY Tap within the time period prescribed by the state of NY census date for TAP which is approximately 10 day after the start of each term. 3. HEOP, AOP and POSSE were awarded according to program requirements. I. OTHER STATE GRANT PROGRAMS Regulatory Overview Students who are residents of other states may qualify for an award under their respective state grant program. Generally, the state agency will forward a copy of a roster of eligible students. Depending on the award criteria, the financial aid office will certify eligibility and return the roster to the agency. Upon approval, the funds are then forwarded to the college and applied to individual student accounts. POLICY The College will follow state grant processing policies when a student is able to benefit from such grants while in attendance at Union College. II. INSTITUTIONAL GRANT PROGRAMS Overview Union College awards merit-based scholarships offered through the Admissions Department as part of the admissions process, need-based grants, and merit and other-based scholarships through endowed and restricted funds. The Admissions Merit-Based Scholarship Criteria is established on an annual basis by admissions and financial aid. It becomes available mid November. (a) Scholarships International Students International students are not eligible for federal awards so these students receive $2,000 in Union College work and the balance of need in Union College scholarship. "P" - Preferential Packaging for any group of students Any student that has been enrolled at the College for a variety of reasons (i.e. special talents academically, etc.) are identified as a "P" by Admissions. Financial Aid reviews the file in the same manner as other files, but in these cases, the student will receive $1,800 federal work study first and then the remaining need is covered through Union College scholarship (after all federal and/or state aid is given). Presidential Scholarships Presidential scholarships can be either merit or need based. These scholarships are offered to perspective freshman based on the Packaging Matrix determined by the Admissions consultant. The amount of the Presidential scholarship offered is based on rating and need. However, the student could exhibit no need and still receive a Presidential award. Presidential awards are guaranteed for 4 years - the same amount every year. If the student qualifies for more after the freshman year, the student will receive a Union College scholarship. (b) Need-Based Scholarships/Grants Union College Scholarship These scholarships are need based. To award, Financial Aid reviews the FAFSA and profile. Self help and other aid/loans are included in the package and then Union College scholarship is awarded to fulfill need. Financial Services runs transmittal and these scholarships are posted to the student's account. If the student meets the requirements of an endowed scholarship, the Union College scholarship is substituted with the endowed scholarship dollar for dollar. (c) Need-Based Restricted Scholarships and Awards Annual Restricted Scholarships Annual restricted scholarships are those in which the gift instrument states what is allowed to be spent on an annual basis. When a gift comes in from a donor that specifically states the gift is for an annual restricted scholarship, the Records Department receives the check and deposits into the cashier's office to an already existing general ledger account or a newly established account if none exists. With each financial forecast done by Financial Reporting (Fall, Winter, Spring), included with the Financial Aid forecast request is also a detailed report which lists each annual restricted scholarship (name and account number) and the amount available in the account to award. The goal is to award as much as possible from these gifts to relieve the College's overall budget. The same report is sent to the Assistant to the VP of College Relations. Because of the nature of the account, Financial Aid does not award these scholarships unless directed to do so by the Assistant VP of College Relations. She directs the Assistant Director of Financial Aid as to how much to award to how many students. The Assistant Director of Financial Aid then establishes an account number in the Datatel system corresponding to the account created in Bi-Tech, the general ledger system, and enters the spending amount as the budget in Datatel and notes the restrictions on the account in the comments section of the screen. The Assistant Director of Financial Aid receives a copy of the description of the restrictions from College Relations. A query is done by the Assistant Director of Financial Aid to find students that qualify for the scholarships. In most cases, these scholarships are awarded at the end of the fiscal year (as that is usually when the annual gifts are received). Therefore, when awarding these annual restricted scholarships, the Assistant Director of Financial Aid swaps the annual restricted scholarship for the Union College Scholarship previously given to the student. The amount of the annual scholarship is entered onto the student's account in Datatel and the amount of Union College scholarship given originally is reduced. The system displays error messages if the annual scholarship was overawarded or if the amount of aid given to the student exceeds the calculated need. Every Friday, the Senior Director of Financial Services runs transmittal, which posts these entries from Datatel onto the general ledger. The Assistant Director of Financial Aid sends a spreadsheet to the Assistant to the VP of College Relations detailing the students who received these awards. The Assistant to the VP of College Relations reviews the spreadsheet verifying student information, award amount, and criteria. Any discrepancies are resolved with the Assistant Director of Financial Aid. The Assistant to the VP of College Relations then sends out a letter to the donors (if stewardship is required) giving them information on the student and amount of the award given. A copy of this letter is sent by the Assistant to the VP of College Relations to the Assistant Director of Financial Aid for their records. The Assistant Director of Financial Aid then sends a letter to the student explaining that there has been a swap in Union College scholarship for the restricted scholarship and urges the student to write a letter of thanks to the donor describing themselves and how appreciative they are to receive the scholarship. Because of the timing of these swaps, the annual restricted scholarships do not appear on the student bill during the year, but rather appear as Union College scholarship. (d) Endowed Scholarships Each year, around April or May, the Director of Financial Reporting and Analysis sends to the Director of Financial Aid the list of endowed scholarship accounts and the amounts to award for the following year. The same list is sent to the Assistant to the VP for College Relations as well. The spending amount is calculated by the Director of Financial Reporting and Analysis using the spending formula, which uses a three year average of June 30 market val	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	false	WrittenPolicyReTAndEExpenses
Substantiation Required	false	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
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 (10 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
Stephen Ainlay
308653	0	25000	0	41129	0	38280	0	58476	0	471538	0	0	0
Diane Blake
173088	0	0	0	24996	0	22000	0	7247	0	227331	0	0	0
Therese McCarty
145446	0	0	0	38500	0	20900	0	7177	0	212023	0	0	0
Valerie Barr
137011	0	0	0	8000	0	16024	0	7206	0	168241	0	0	0
Alan Taylor
146556	0	0	0	22000	0	18966	0	4524	0	192046	0	0	0
Peter Heinegg
129375	0		0	11121	0	13905	0	9564	0	163965	0	0	0
Stephen Dare
187743	0	0	0	10806	0	22000	0	41164	0	261713	0	0
Matthew Malatesta
155596	0	0	0	12000	0	18700	0	4215	0	190511	0	0
Hilary Tann
123784	0	0	0	15318	0	15482	0	7422	0	162006	0	0
Harold Fried
123430	0	0	0	14540	0	14540	0	26821	0	179331	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier

ExplanationExplanation

Part I - Line 1a, 1b

Line 1 - Housing Allowance Per their employment contracts, the College provides housing for the President, Vice President for College Relations, Vice President for Student Affairs and Resident Directors & Advisors. Of this group, only the President, Stephen Ainlay, and the Vice President for College Relations, Stephen Dare, are required to be disclosed on Schedule J. We have estimated the value of housing to be approximately $2,000 per month. Line 1 - Health or Social Club Dues or Initiation Fees Stephen Ainlay, President, has an employment contract which states that the College will pay for two club memberships as required by his employment. The first is to the Mohawk Golf Club in Schenectady and the other membership is to the University Club in New York City. Additionally, as part of his employment contract the Vice President for College Relations, Stephen Dare, is entitled to a membership at the Mohawk Golf Club which is paid for by the College. No formal written policy is available as the memberships are considered to be job requirements for these particular employees. This is not considered a taxable benefit because it is used solely for business entertaining and not personal use.

Part I, line 4b

President Stephen Ainlay has a 457(f) plan in which the College contributed $11,330 in 2009.

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
City of Schenectady Industrial Development
141699509	64985wz31	2003-11-25	16348589	Acquired and renovate 450 Nott Str	false	false
County of Schenectady Industrial Development
141699509		2005-12-22	6150000	Renovate the College's Fitness Cen	false	false
City of Schenectady Industrial Development
141699509	806476BX4	2006-11-22	33356354	Refinance the Series 1999 Industri	true	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Total ProceedsTotalProceeds	Amount DefeasedAmountDefeased	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
16348589	0	678629	15669940	2005	false	false	true	true
6150000	0	98447	6051333	2009	false	false	true	true
33356354	15613272	410663	17332419	2005	false	true	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
false	false	false	false	true	0.03710	0.01940	0.05650	true
false	false	false	false	true	0.00000	0.01600	0.01600	true
false	false	false	false	true		0.01200	0.01200	true

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Term Of HedgeTermOfHedge	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
NONE
false	false	false	0.	false	false	false
Bank of America
false	true	true	8.4			false
NONE
false	false	false	0.	false	false	false

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII

Field	Value	IRS element (for citing)
Name Of Interested Person	David Breazzano	NameOfInterestedPerson
Relationship With Organization	Trustee	RelationshipWithOrganization
Amount Of Grant	10000	AmountOfGrant
Type Of Assistance	Scholarship	TypeOfAssistance

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Diane Blake
Officer	59339	Brother-in-law college employe	false
Stephen Ainlay
President Officer	30252	Spouse - College employee	false
Kelly Williams
Trustee	110822	mgmt fees paid to CS	false

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArt
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	18815	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of experts	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	6295	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of experts	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
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	81	NumberOfContributions
Noncash Contribs Rptd F990	820603	NoncashContribsRptdF990
Method Of Determining Revenues	Market value	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

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	140000	NoncashContribsRptdF990
Method Of Determining Revenues	Appraisal	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Real Estate Other		RealEstateOther

Collectibles Collectibles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	3	NumberOfContributions
Noncash Contribs Rptd F990	530	NoncashContribsRptdF990
Method Of Determining Revenues	Opinions of experts	MethodOfDeterminingRevenues

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	20	NumberOfContributions
Noncash Contribs Rptd F990	870	NoncashContribsRptdF990
Method Of Determining Revenues	Cost	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Computer Equipment	75	56675	cost
X	Athletic Broadcasts/Events - Other	26	22232	selling price
X	campus events	11	29132	selling price
X	miscellaneous	29	10982	cost

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

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	Column B	Identifier
Explanation	Column B represents the number of contributions made for each specified category and NOT the number of items contributed to Union College.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (13 entries)

IdentifierIdentifier	ExplanationExplanation
Part VI-A, Question 1	There are 44 trustees listed on Part VII, Section A; however only 36 of these trustees have voting rights. Of the 44 trustees, 10 are trustees emeriti which do not have voting rights. In addition, the Governor of the State of New York and the President of the College have voting rights as described in the College's By-Laws; however are not considered trustees and are therefore not listed on Part VII, Section A.
Part VI-A, Question 2	1. Stephen Ritterbush & Kathy Magliato - Business Relationship 2. Norton Reamer & Kelly Williams - Business Relationship 3. David Breazzano & James Taylor - Business Relationship 4. William Curtin & Valerie Hoffman - Business Relationship 5. Frank Messa & David Viniar - Business Relationship
Part VI-A, Question 4	In October 2009, The Union College Board of Trustees adopted revisions to the College's Bylaws to address Board governance provisions and to adopt provisions governing institutional policies with respect to the Board. Modifications to Board governance provisions included: (i) clarifying the general duties of the Board of Trustees, (ii) refining and updating the duties of Administrative Officers (President, Vice President for Academic Affairs, and Vice President for Administration and Finance), and (iii) reconstituting certain Standing Committees of the Board. Adoption of provisions governing institutional policies with respect to the Board included approving and updating the Conflict of Interest provision and the Indemnification provision. The Board also updated the Bylaws to allow participation by Trustees through telephone conference in regular and special meetings.
Part VI-A, Question 7a	1. Faculty Trustees - Full voting rights 2. Student Trustees - Full voting rights
Part VI-B, Question 10a	The Trustees of Union College is affiliated with the following entities: * Union Graduate College * Alumni Council of Union College, Inc. * Union College Gift Foundation, Inc.
Part VI-B, Question 10b	There are written policies and procedures governing the activities of Union Graduate College and Alumni Council. There are no written policies and procedures governing the activities of the Union College Gift Foundation, Inc.; however this entity was dissolved on April 1, 2010.
Part VI-B, Question 11	The College is responsible for providing a copy of the Form 990 to the College's governing body before it is filed. Although the College does not provide a copy to all Board members, it does provide a copy of the 990 to the Audit Committee prior to submission.
Part VI-B, Question 12c	The Trustees of Union College has a written conflict of interest policy, which requires officers, directors, trustees and key employees to annually disclose interests that could give rise to conflicts. Questionnaires are sent annually to monitor and enforce compliance with the policy. The responses to the questionnaires are reviewed by both the President's Office and Finance for potential conflicts of interest that require disclosure. If a conflict of interest is noted, potentially a Board member would have to recuse himself from voting, if so required.
Part VI-B, Question 15b	The Executive Compensation Committee shall act as a committee of the Board, consisting of the Chairman, Vice Chairman, Secretary, and General Counsel of the Board of Trustees. The Chair of the Board shall serve as the Chair of the Committee. The Committee shall act as the authorized body under Treasury Reg. 53.4958-6, responsible for approving the compensation arrangements of the President and certain key employees, as defined from time to time by the Internal Revenue Service. Regarding the President, the Committee will: a. Review goals for the upcoming year and accomplishments for the year just ended. b. Obtain appropriate analysis and studies for use in evaluating the compensation of the President. c. Document its deliberations and decision establishing the President's compensation. d. Report to the Executive Committee of the Board annually its findings and actions. Regarding key employees, the Committee will: a. Review the analysis and studies used by the President and/or administration in evaluating the recommended compensation of the key employees. b. Document its deliberations and decisions as to the reasonableness of the compensation recommendations for key employees. c. Report to the Executive Committee of the Board annually its findings and actions. Currently defined as those employees, other than officers or Trustees, who: had reportable compensation of $150,000 or greater on a calendar year basis; had or shared organization-wide control or influence similar to that of an officer or Trustee, or managed or had authority or control over at least 10% percent of the College's activities; and were within that group of the College's top 20 highest paid persons for the year who satisfied both of the foregoing two tests.
Part VI-C, Question 19	The Trustees of Union College's governing documents, conflict of interest policy and financial statements are available to the public upon request. The financial statements are also available on the College's website www.union.edu.
Part VII, Column B	The following individuals listed in Part VII, Column A also devote hours to the following related organizations: -John Vero, Trustee - Alumni Council; .25 hours per week -Stephen Dare, Key Employee - Alumni Council (ex-officio); .25 hours per week & Union College Gift Foundation; .25 hours per week -David Henle, Trustee - Union College Gift Foundation, .25 hours per week -Mark Walsh, Trustee - Union College Gift Foundation, .25 hours per week -Diane Blake, Officer - Union College Gift Foundation, .25 hours per week -Stephen Ainlay, Officer - Union College Gift Foundation, .25 hours per week; Union Graduate College (ex-officio), .1 hours per week -Robert DeMichele, Trustee - Union College Gift Foundation, .25 hours per week -William Curtin, Trustee - Union College Gift Foundation, .25 hours per week On April 1, 2010 the Union College Gift Foundation, Inc. was dissolved.
Schedule K, Part II	Union College received $33,356,354 in proceeds from the City of Schenectady Industrial Development Agency Civic Facility Refunding Revenue Bonds (Union College Project), Series 2006. These proceeds were used to refinance the 1999 issue and a portion of the 2001 issue. Initially, all proceeds (with the exception of proceeds used for costs of issuance) were placed into an escrow account. Proceeds would remain in the escrow account until the bonds could be called, which was 10 years from the date of issue. As of June 30, 2010, the 1999 debt had been paid off and only the escrow set up to pay off the 2001 debt remains. The escrow account has a market value of $15,613,272 as of June 30, 2010. The capital expenditures from proceeds represent expenditures made using bond proceeds from the previous issues (1999 & 2001). The date of substantial completion, 2005, represents the year in which the projects related to the 2001 debt (that was refinanced by the 2006 debt) were substantially complete.
Schedule K, Part II, Line 5	For the Civic Facility Insured Revenue Bonds (Union College Project Series 2003A), the College paid $286,508 for credit enhancement fees.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1
Union College Gift Foundation Inc
807 Union Street	Schenectady	NY	12308	200163689	Supporting Or	NY	501(c)(3)	11A	NA
Union Graduate College
80 Nott Terrace	Schenectady	NY	12308	200258004	Higher Edu.	NY	501(c)(3)	2	NA
Alumni Council of Union College Inc
807 Union St Abbe Hall	Schenectady	NY	12308	146019466	Supporting Or	NY	501(c)(3)	11C	NA

Form990 Schedule R Part IV Form990ScheduleRPartIV (14 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
James E Enright CRUT
807 Union Street	Schenectady	NY	12308	141338580	Investing	NY	Union College	Trust	0	563209	0.75000
Hinchey BB 5TC15 STD CRUT - Union
211 North Broadway Suite 1000	St Louis	MO	63102	061445090	Investing	CT	Union College	Trust	4453	90316	0.98000
Juengling HB 5 CRUT FBO - Union
211 North Broadway Suite 1000	St Louis	MO	63102	061389744	Investing	CT	Union College	Trust	4150	43504	0.62000
Warren O Kamm CRUT - Union
221 North Broadway Suite 1000	St Louis	MO	63102	066463750	Investing	CT	Union College	Trust	0	83141	0.55000
Romana Obenzinger CRUT
807 Union Street	Schenectady	NY	12308	141338580	Investing	FL	Union College	Trust	0	900857	0.92000
The Nathan and Romana Obenzinger CLD
670 West End Ave No 9D	New York	NY	10025	141338580	INvesting	NY	Union College	Trust	0	714514	0.68000
Frank E Pepe Unitrust - Union
211 North Broadway Suite 1000	St Louis	MO	63102	206822068	Investing	MO	Union College	Trust	3875	54670	0.67000
Stanley G Peschel CRAT
One Constitution Plaza CTHM-M08P	Hartford	CT	06115	141338580	Investing	CT	Union College	Trust	0	545618	0.67000
Kenneth B & Kathleen Kelly Sharpe CRUT
20 Rue Villars	Newport Beach	CA	92660	141338580	Investing	CA	Union College	Trust	0	462731	0.65000
John H Smith & Winifred S Smith CRT
4 Almeria Drive	Clifton Park	NY	12065	141338580	Investing	NY	Union College	Trust	0	78143	0.67000
Thyra Joan Smith Trust
PO Box 380	Schenectady	NY	12301	141338580	Investing	NY	Union College	Trust	0	427426	0.61000
CRAT uW Dante Venditti fbo Theresa L
777 Main Street	Hartford	CT	06115	141338580	Investing	CT	Union College	Trust	0	295229	0.93000
Herbert B Volk Trust
807 Union Street	Schenectady	NY	12308	141338580	Investing	NY	Union College	Trust	0	35578	0.64000
William D Williams CRUT
807 Union Street	Schenectady	NY	12308	141338580	Investing	NY	Union College	Trust	0	86902	0.70000

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	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	true	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	true	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	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg