2011-03-29T12:17:24-05:00 2010-06-30 WINDHAM BRANNON PC 1355 PEACHTREE ST SUITE 200 ATLANTA GA 303093230 990 2009-07-01 580566116 AGNES SCOTT COLLEGE AGNE 4044716308 141 EAST COLLEGE AVENUE DECATUR GA 30030 John P Hegman 4044716308 2011-03-26 1 DALE R BAUMANN 4048982000 2011-03-25 2009 2016-02-24 21:20:13Z ELIZABETH KISS 141 EAST COLLEGE AVENUE DECATUR GA 30030 115981829 0 X WWW.AGNESSCOTT.EDU X 1889 GA a private liberal arts college with the mission to educate women to think deeply, live honorably and engage the intellectual and social challenges of their times. 50 50 1096 563 191688 -220209 6572992 7696355 22709651 24574407 -4857355 11982297 8313685 8754062 32738973 53007121 13329064 14864687 0 21534985 20632549 0 1441471 24462348 24083809 59326397 59581045 -26587424 -6573924 369439309 374096869 88141873 88186072 281297436 285910797 founded in 1889, agnes scott college is an independent liberal arts college for women whose mission is to educate women to think deeply, live honorably and engage the intellectual and social challenges of their times. 0 0 14780374 14780374 0 student aid encompasses direct financial aid provided by the college to facilitate its students' pursuit of a college education. 13627571 0 instruction is provided by full-time faculty and part-time faculty members representing numerous academic departments. 6732588 0 academic support comprises information technology services, registrar, academic advising, faculty services, library, etc. these administrative offices assist the college in its educational mission. 5843625 84313 0 student services 5843625 84313 40984158 1 1 0 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1005 0 1 1096 1 1 1 0 0 0 0 0 0 0 0 1 50 50 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA NY CA X LAI CHAN CONTROLLER 4044716308 141 EAST COLLEGE AVENUE DECATUR GA 30030 clyde c tuggle 2.00 X X 0 0 0 suzanne c feese 2.00 X X 0 0 0 john walter drake 2.00 X 0 0 0 larry l gellerstedt iii 2.00 X 0 0 0 audrey l grant 2.00 X 0 0 0 elizabeth rhett jones 2.00 X 0 0 0 nancy moore kuykendall 2.00 X 0 0 0 gay o abbott 2.00 X 0 0 0 mary tina carr 2.00 X 0 0 0 david l warren 2.00 X 0 0 0 marsha norman 2.00 X 0 0 0 robert l brown jr 2.00 X 0 0 0 pamela j bevier 2.00 X 0 0 0 mary g bankston 2.00 X 0 0 0 b clayton rolader 2.00 X 0 0 0 o benjamin sparks 2.00 X 0 0 0 jeanne kaufmann manning 2.00 X 0 0 0 barbara b gaines 2.00 X 0 0 0 sandra t johnson 2.00 X 0 0 0 bolling p spalding 2.00 X 0 0 0 elizabeth d holder 2.00 X 0 0 0 dennis p lockhart 2.00 X 0 0 0 linda kay mcgowan 2.00 X 0 0 0 david d weitnauer 2.00 X 0 0 0 robert c williams 2.00 X 0 0 0 melody c justice 2.00 X 0 0 0 phyllis e kozarsky 2.00 X 0 0 0 james e love iii 2.00 X 0 0 0 richard a oglesby jr 2.00 X 0 0 0 bernard taylor sr 2.00 X 0 0 0 lea ann hudson 2.00 X X 0 0 0 elizabeth kiss 40.00 X 231105 0 24081 donna lee 40.00 X X 116569 0 8965 rosemary levy-zumwalt 40.00 X X 162010 0 16350 john p hegman 40.00 X X 166644 0 19867 robert parker 40.00 X X 67349 0 4102 karen gilbert 40.00 X 100878 0 17059 laneta counts 40.00 X 107769 0 12263 william d hopkins 40.00 X 120369 0 13755 madeline zavodny 40.00 X 117470 0 5162 lee ann m afton 40.00 X 104387 0 12155 dan west 40.00 X 98288 0 0 gue hudson 40.00 X 106044 0 15401 1498882 0 149160 10 1 1 0 aramark services 141 east college avenue decatur GA 30030 food service 1695359 padgett services llc 140 mountain brook drive canton GA 30115 hvac & mechanical maintenance 499071 j smith lanier & company 11330 lakefield drive duluth GA 30097 insurance 431226 valley crest landscape inc po box 404083 atlanta GA 30384 landscape maintenance 188975 technology integration group 6649a peachtree industrial blvd norcross GA 30092 technical integration contractor 184122 8 7696355 251614 7696355 tuition & fee income 611600 24574407 24574407 24574407 3349052 3349052 536191 245802 290389 290389 290389 69619005 1743146 62546580 182326 7072425 1560820 8633245 8633245 auxiliary enterprises 611710 7661562 7469874 191688 research grants/colleg 611710 671736 671736 vending & parking 611710 55669 55669 74706 74706 8463673 53007121 32716017 191688 12403061 84313 84313 14780374 14780374 615728 278579 337149 16080909 11407107 3672896 1000906 707755 494848 173064 39843 2005370 1261893 631261 112216 1222787 855475 295076 72236 85963 85963 156395 156395 866358 866358 3879404 1161465 2679565 38374 12365 12365 1548431 762069 699923 86439 711904 711904 83424 25200 43224 15000 436971 362010 40817 34144 355475 269330 83735 2410 2737874 1522261 1215613 6541569 3637120 2904449 437415 437415 facility operation & ma 3532830 1926823 1606007 tuition remission 953020 679908 273112 equipment purchases 405546 379466 21397 4683 meals & entertainment 339525 131888 172417 35220 retirees' costs 289437 289437 709903 252125 457778 59581045 40984158 17155416 1441471 5229386 10668330 2658942 2278078 648416 807134 80745 1186240 1180095 179223774 66514535 117094373 112709239 73395814 85780999 159858312 151724892 9287081 8948102 369439309 374096869 4690220 4474300 821135 808335 75515156 74146613 1268537 1146980 5846825 7609844 88141873 88186072 X 63881704 65669152 153324299 153959204 64091433 66282441 281297436 285910797 369439309 374096869 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 230611586 2008260 22234207 18544300 1336881 234972872 307663898 2503423 -60690379 17903901 961455 230611586 0.10690 0.25740 0.63570 0 0 1554818 1554818 144413931 42971288 101442643 23932922 17639584 6293338 9322103 5903663 3418440 112709239 1803913 C commingled funds 27362423 F real estate partnerships 10094501 F pooled equity funds 83913766 F private equity partnerships 28550289 F 151724892 accrued postretirement benefit 7609844 7609844 53007121 59581045 -6573924 13463976 -2276691 11187285 4613361 51936537 13463976 1301870 14765846 37170691 986847 14849582 15836429 53007120 45435799 1501486 1501486 43934313 866358 14780374 15646732 59581045 Part III, Line 1a: per the audited financial statements, "Contributed collection items are not reflected on the financial statements. Proceeds from the deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Donations of artwork are accepted with consideration to how they will benefit the campus learning environment. The collection items are subject to a policy that requires proceeds from their sales to be used for the acquisition of new collection item(s). During the fiscal years ending June 30, 2010 and June 30, 2009, no sales of collection items occured and no collection items were given away, damaged, destroyed, lost or otherwise deaccessed." Part III, Line 4: the agnes scott college permanent collection is a living, eclectic gathering of artwork that encompasses a broad range of history, media and attitudes. complementing the permanent collection is the dynamic programming of the dalton gallery, which organizes temporary exhibitions designed to promote an understanding of the arts. it is located at the heart of the dana fine arts building, a structure built in 1965 and designed by john portman, which houses the art history and studio art department. it also houses the theatre department. in support of the mission of the college, the focus of new acquisitions is largely but not exclusively works by women artists on paper. Artwork is selected and donations accepted with consideration to how they will benefit the campus learning environment. The collection is actively used within the arts curriculum and across disciplines. The art department offers three undergraduate majors, including studio art and art history, to students. In addition, students write visual analyses of works and five tours to the public. Informative wall text is researched and written by students under the guidance of faculty. Works by agnes scott students are embraced into the overall display, including a vibrant body of self portrait woodblock prints that are sited in dorms and public buildings. Furthermore, along with a student show, the gallery presents two exhitits a year which include a roster of local, national, and international professional artists and are organized around an inclusive theme that engages comtemporary issues, focusing not only on the world of art but also on the larger global conversation. Having such a dynamic teaching collection borne from a mission of education enriches the learning environment and connect the viewer in a timeless dialogue. Part V, Line 4: Description of Intended Use of Endowment Funds: endowment funds are used to support the general operations of the college, to provide scholarships to the students and for the furtherance of academic programs. Part X: Description of Uncertain Tax Positions Under FIN 48: Part X, Other Liabilities, Question 2, FIN 48 Footnote - The college is recognized as an organization exempt from federal income tax under 509(a) of the Internal revenue code as an organization described in Section 501(c)(3), except for taxes on income from activities unrelated to its exempt purpose. The college evaluates its uncertain tax positions using the provisions of FASB ASC Topic 740 Income Taxes. The college follows the criterion that an individual tax position has to meet for some or all of the benefits of that position to be recognized in the college's financial statements. The college determines that the relevant tax authority would more likely than not sustain the tax position following an audit. The college has applied this criterion to all tax position for which the statute of limitation remains open. Tax years open to examination by tax authorities under the statute of limitation include fiscal 2006 through 2010. The college has a policy to record interest and penalties (if any) related to income tax matters in income tax expense. The college has determined that its tax positions satisfy the more likely than not criterion and that no provision for income taxes in required at June 30, 2010. Part XI, Line 8 - Other Adjustments: avery property income: 1283465. avery property expense: -804444. adjustments for o/s pledges - permanent difference: -380864. rental expenses: -451240. non-cash contributions: -69208. investment management fees: -1853205. other f/s adjustments: -1195. Part XII, Line 2d - Other Adjustments: avery property income: 1283465. rental expense: 245802. adjustments for o/s pledges - permanent difference: -380864. change in split-interest agrms & benefical interests in perpetual trusts: 153467. Part XII, Line 4b - Other Adjustments: non-cash contributions: 69208. student aid: 14780374. Part XIII, Line 2d - Other Adjustments: avery property expense: 804444. rental expenses: 697042. Part XIII, Line 4b - Other Adjustments: student aid: 14780374. 1 1 1 in october of 2009, agnes scott college ran twenty 15 second ads on wabe; 90.1 fm. this is a radio station in the metro atlanta area and the ads were for the master of arts in teaching program. our discrimination policy is made known to the general community through our catalogs, brochures, admissions applications and on our website. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 AGNES SCOTT COLLEGE IS THE RECIPIENT OF THE FOLLOWING FEDERAL AID PROGRAMS: PELL GRANTS, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL WORK STUDY GRANTS, NATIONAL INSTITUTE OF HEALTH RESEARCH GRANTS AND NATIONAL SCIENCE FOUNDATION RESEARCH GRANTS. 1 1 ballykeel inc 141 east college avenue decatur GA 30030 582338224 501(c)(3) 84313 Fair Market Value Agnes Scott solely transfers to Ballykeel the funds to pay the annual lease payment for property held by Ballykeel, a supporting organization of of Agnes Scott. The amount is determined pursuant to a review of the lease terms. 1 0 student scholarships 193 1577380 book value tuition scholarships regular grants 739 12684763 book value tuition grants rtc and seog grants 20 39523 book value study abroad grants work study 361 478707 book value work study grants Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: to ensure that the grants made to individuals in the united states, other than work study grants, are used for proper purposes and are not otherwise diverted from the intended use, the faculty department that has budgetary control of the funds selects and monitors the recipients of these grants. for work study grants, the faculty or administrative department where the student's work was performed approves all student work hours and submits paperwork to the payroll office for payment to the student. X 1 1 X X X 0 0 0 0 0 0 0 0 0 elizabeth kiss 230745 0 0 0 360 0 17239 0 6842 0 255186 0 0 0 rosemary levy-zumwalt 160477 0 0 0 1533 0 11989 0 4361 0 178360 0 0 0 john p hegman 165605 0 0 0 1039 0 12372 0 7495 0 186511 0 0 0 dan west 98288 0 0 0 0 0 0 0 0 0 98288 0 0 0 gue hudson 106044 0 0 0 0 0 10005 0 5396 0 121445 0 0 0 Part I, Line 1a the college provides a residence for personal use to the president and three of the other officers. the housing is excluded from taxable income under irs code section 119 and included in column d in schedule j, part ii. private colleges and universities authority 581407780 74265lev6 1999-02-02 70845198 buildings and equipment 0 0 private colleges and universities authority 581407780 74265LRA8 2004-07-29 9709094 to refund prior issue 08/17/1993 0 0 private colleges and universities authority 581407780 74269JAA7 2004-07-29 11595000 to refund prior issue 08/17/1993 0 0 private colleges and universities authority 581407780 74265LWK0 2009-07-09 42784759 to refund prior issue 02/02/2009 0 0 69771135 1074062 69771135 2000 0 0 1 1 9476681 194182 38231 1 0 1 1 11431145 163855 11595000 1 0 1 1 42217352 567407 42784759 1 0 1 1 X 1 134 cost X 5279 fair market value X 21113 fair market value X 2 9635 fair market value X 1 120 cost X 48 191916 fair market value X catering expenses 5 21774 cost X refraction box - bradley observatory 1 300 cost X jewelry - alumnae auction 1 200 fair market value X gift certificates - community day 2 1143 cost 2 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): because we receive multiple items of the same type from the same donor, we count this as one donation. if you received the same item from multiple donors, we count the items. Third Party Use: Part I, Line 32b: the college does hire and use third parties to sell and process noncash contributions that are securities, real estate, or vehicles. For securities, the college uses our broker to sell same day at fair market value. However the college does not hire or use third parties to solicit noncash contributions. Only employees of the college or student volunteers solicit donations. Form 990, Part VI, Section B, line 11 the vice president of business & finance performs a detailed review of the form 990 before filing the return. the president of the college, the chair of the college's board of trustees, and the chair of the finance committee (standing committee of the board) will receive a copy of this return for review before filing. the other members of the board will receive a copy of the form 990. Form 990, Part VI, Section B, line 12c on a yearly basis, every college officer and each member of the college's board of trustees is required to sign the policy and disclose whether they have any conflicts. the secretary of the board of trustees oversees the receipt of these policies and reports to the chairman of the board of trustees if any conflict is noted. Form 990, Part VI, Section B, line 15a the compensation of the president of the college is reviewed and approved by the board of trustees. for its review and discussion, the board uses comparable compensation information. contemporaneous documentation of its discussions is recorded in the minutes of the board of trustees. Form 990, Part VI, Section C, line 19 the college makes its annual audited financial statements available to the public upon request and approval of an officer. the college does not make its governing documents and conflict of interest policy available to public inspection. schedule r, part v, line 2 (3): payment on note from avery properties. avery properties inc 141 e college ave decatur GA 30030 582328397 real estate GA 501(c)(3) Line 11b, II N/A ballykeel inc 141 e college ave decatur GA 30030 582338224 holding co. GA 501(c)(3) Line 11b, II N/A 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Ballykeel inc B 84313 avery properties inc D 4753662 avery properties inc R 744512