2011-04-14T21:07:44-04:00 2010-05-31 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2009-06-01 042103545 TRUSTEES OF BOSTON COLLEGE TRUS 6175524598 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 02467 PETER MCKENZIE 6175523360 2011-04-14 true 6175305000 2011-04-13 2009 2016-02-24 21:20:13Z WILLIAM P LEAHY SJ 18 Old Colony Road Chestnut Hill MA 02467 1278887997 false X www.bc.edu X 1864 MA SEE SCHEDULE O 51 41 11204 1 1561296 196283991 127106776 620442731 630113808 1606137 18517624 2361328 909241 820694187 776647449 122188215 131430077 0 0 381778951 396779178 0 0 17450189 254035464 246810135 758002630 775019390 62691557 1628059 2898500414 3092937771 888269338 905513677 2010231076 2187424094 SEE SCHEDULE O false false 365344431 131430077 474257371 INSTRUCTION - INCLUDES EXPENDITURES TO PROVIDE COURSEWORK FOR STUDENTS AND TO PROVIDE FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. FULL-TIME EQUIVALENT ENROLLMENTS WERE 13,013 AND THE NUMBER OF DEGREES CONFERRED WAS 4,189. 143938044 0 128908318 AUXILIARY SERVICES - INCLUDES EXPENDITURES FOR THE SELF-SUPPORTING ACTIVITIES OF THE UNIVERSITY SUCH AS THE OPERATIONS OF 29 RESIDENCE HALLS, 11 DINING FACILITIES, 31 NCAA DIVISION 1 ATHLETIC TEAMS, BOOKSTORE AND INFIRMARY. 99250895 0 0 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES ACTIVITIES OF WHICH THE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO HIS/HER INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. OPERATED 8 UNIVERSITY LIBRARY FACILITIES CONTAINING OVER 2.5 MILLION VOLUMES SERVING THE UNIVERSITY AND SURROUNDING COMMUNITY. 47077161 0 26948119 655610531 true true false true false false true true true true true false true true true false false false true false false false true true true true false false false false true false false true true true true false false true false false false false true 1381 0 true 11204 true true true false false false false true true false false false 51 41 true false false false false false false true true false false true true true true true true true true false ME MA X X MICHAEL J DRISCOLL 6175524598 140 COMMONWEALTH AVENUE CHESTNUT HILL MA 024673800 Patrick Carney 1.0 X 0 0 0 Kathleen A Corbet 1.0 X 0 0 0 Robert F Cotter 1.0 X 0 0 0 Cynthia Lee Egan 1.0 X 0 0 0 Susan McManama Gianinno 1.0 X 0 0 0 R Michael Murray Jr 1.0 X 0 0 0 Scott R Pilarz S J 1.0 X 0 0 0 Paula D Polito 1.0 X 0 0 0 Richard F Powers III 1.0 X 0 0 0 Pierre Richard Prosper 1.0 X 0 0 0 Thomas F Ryan Jr 1.0 X 0 0 0 Nicholas A Sannella 1.0 X 0 0 0 Bradley M Schaeffer S J 1.0 X 0 0 0 John L Lamattina 1.0 X 0 0 0 Susan Martinelli Shea 1.0 X 0 0 0 David P OConnor 1.0 X 0 0 0 Matthew J Botica 1.0 X 0 0 0 Leo J Corcoran Esq 1.0 X 0 0 0 Janice Gipson 1.0 X 0 0 0 T Frank Kennedy 1.0 X 0 0 0 John V Murphy 1.0 X 0 0 0 Stephen P Murray 1.0 X 0 0 0 Brien M O'Brien 1.0 X 0 0 0 Brian G Paulson SJ 1.0 X 0 0 0 Marianne D Short 1.0 X 0 0 0 CHARLES I CLOUGH JR 1.0 X 0 0 0 JOHN M CONNORS JR 1.0 X 0 0 0 ROBERT M DEVLIN 1.0 X 0 0 0 FRANCIS A DOYLE 1.0 X 0 0 0 JOHN F FISH 1.0 X 0 0 0 KEITH A FRANCIS 1.0 X 0 0 0 MARIO J GABELLI 1.0 X 0 0 0 WILLIAM J GEARY 1.0 X 0 0 0 MARY J STEELE GUILFOILE 1.0 X 0 0 0 KATHLEEN POWERS HALEY 1.0 X 0 0 0 MICHAELA MURPHY HOAG 1.0 X 0 0 0 ROBERT B LAWTON S J 1.0 X 0 0 0 PETER S LYNCH LLD 1.0 X 0 0 0 DOUGLAS W MARCOUILLER S J 1.0 X 0 0 0 PETER K MARKELL 1.0 X 0 0 0 KATHLEEN M MCGILLYCUDDY 1.0 X 0 0 0 ROBERT J MORRISSEY ESQ 1.0 X 0 0 0 DRAKE G BEHRAKIS 1.0 X 0 0 0 CATHY M BRIENZA 1.0 X 0 0 0 JOHN E BUEHLER 1.0 X 0 0 0 JUAN A CONCEPCION 1.0 X 0 0 0 JOHN R EGAN 1.0 X 0 0 0 THOMAS J MALONEY 1.0 X 0 0 0 D RICHARD SYRON 1.0 X 0 0 0 DAVID C WEINSTEIN ESQ 1.0 X 0 0 0 Patrick J Keating 40.0 X 429400 0 34607 Joseph A Appleyard S J 40.0 X 0 0 0 Mary Lou DeLong 40.0 X 223107 0 36007 James P McIntyre 40.0 X 235100 0 37284 Peter C McKenzie 40.0 X 432034 0 38788 William B Neenan S J 40.0 X 0 0 0 Cutberto Garza 40.0 X 461200 0 34607 Leo V Sullivan 40.0 X 254395 0 37829 Marian G Moore 40.0 X 327996 0 34607 James J Husson 40.0 X 371230 0 34607 Thomas J Keady 40.0 X 223640 0 32207 J DONALD MONAN S J 40.0 X 0 0 0 Daniel F Bourque 40.0 X 244067 0 13208 Thomas P Lockerby 40.0 X 256550 0 34607 Patrick Rombalski 40.0 X 223470 0 26207 WILLIAM P LEAHY S J 40.0 X 0 0 0 DAVID QUIGLEY 40.0 X 219382 0 40981 Eugene B De filippo 40.0 X 561377 0 39507 Albert L Skinner 40.0 X 1075417 0 39507 Andrew C Boynton 40.0 X 421366 0 34607 HASSAN TEHRANIAN 40.0 X 393467 0 39507 FRANK J SPAZIANI 40.0 X 1039903 0 39507 7393101 0 628181 586 false true false LEE KENNEDY CO INC 122 SHORE DRIVE QUINCY MA 02171 CONSTRUCTION 18349462 ORACLE USA 500 ORACLE PARKWAY REDWOOD CITY CA 94065 TECHNOLOGY SUPPORT 979683 BOSTON COACH 69 NORMAN ST EVERETT MA 02149 BUS CONTRACT 2579175 TSOI KOBUS ASSOCIATES - TKA ONE BRATTLE SQ PO BOX 9114 CAMBRIDGE MA 022389114 ARCHITECTURAL 2381567 COLLABORATIVE CONSULTING INC TEN TOWER OFFICE PARK WOBURN MA 01801 CONSULTING SERVICES 1143833 184 4456212 34107838 88542726 9239455 127106776 TUITION AND FEES 900099 474257371 474257371 SALES/SERVICES OF AUXILLARY ENTERPRISES 900099 128908318 128408170 500148 NON-GOVT GRANTS/F&A RECOVERY 900099 10593659 10593659 OTHER MISCELLANEOUS PROGRAM REVENUE 900099 16354460 16354460 630113808 16521070 1061148 15459922 117064 117064 431224 431224 6480934 7152341 -671407 -671407 -671407 496217709 494338219 1879490 1879490 1879490 913715 4456212 749988 163727 163727 0 0 CHILD CARE 624410 527015 527015 VENDING 900099 458682 458682 985697 776647449 629613660 1561296 18365717 0 0 131430077 131430077 0 0 0 0 3802529 708940 2558388 535201 128071 128071 0 0 296610211 222495044 65156862 8958305 22098605 16421473 4979037 698095 55569512 41293704 12520367 1755441 18570250 13799553 4184063 586634 0 0 0 0 1014917 318145 696772 0 546078 0 546078 0 75000 0 75000 0 0 0 12126906 0 12126906 0 31788582 20545706 9722830 1520046 2751362 2751362 0 0 7217556 4860171 1002873 1354512 4887568 2441768 2441768 4032 0 0 0 0 32927822 15859022 17068800 0 13935190 12801999 575625 557566 0 0 0 0 8751549 6468728 1224701 1058120 31909033 28981566 2927467 0 0 0 0 0 48522750 42214582 6308168 0 0 0 0 0 COST OF GOODS SOLD 14066927 14066927 0 0 OPERATIONS MAINT. ALLOC. 0 46297706 -46297706 0 DISPOSALS/WRITE-OFFS 3801500 3801500 0 0 EQUIPMENT MAINT. RENTAL 1288358 477202 811156 0 POST RET. MEDICAL 11406544 11406544 0 0 19792493 16040741 3329515 422237 775019390 655610531 101958670 17450189 9982508 8043828 14693829 7886287 227209843 199515295 15666572 16955841 4341948 5122688 62741688 77233497 230425 257133 10764250 8115283 1612748341 573137100 1037487840 1039611241 755740328 871733599 743488726 845249138 15722457 12783941 430000 430000 2898500414 3092937771 117734353 145506932 11230897 10540002 16947271 18051330 679435927 671686718 3053910 4651843 151033 95783 59715947 54981069 888269338 905513677 X 1086134422 1165688025 289612752 336925820 634483902 684810249 2010231076 2187424094 2898500414 3092937771 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 75000 false false 75000 false false LOBBYING ACTIVITY EXPLANATION FORM 990, SCHEDULE C, PART II-B, LINE 1G PAYMENTS FOR LOBBYING EXPENDITURES ARE MADE TO THE FOLLOWING: CASSIDY AND ASSOCIATES, INC. - ASSIST MANAGEMENT IN THE IDENTIFICATION DEVELOPMENT, AND PRESENTATION OF INSTITUTIONAL INITIATIVES FOR CONSIDERATION BY COMMITTEES OF CONGRESS, FEDERAL REGULATORY AGENCIES, AND OTHERS; ACT AS LIAISON TO GOVERNMENT AGENCIES BY MONITORING AND REPORTING ON GOVERNMENTAL PROGRAMS AND LEGISLATION RELEVANT TO INSITUTIONAL INITIATIVES. THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. 139890 18888000 X X X false false true 1491158000 52099000 179298000 13487000 60792000 623000 1647653000 1849801000 109930000 -400708000 11055000 56199000 611000 1491158000 0.44000 0.42000 0.15000 false false 0 231345278 231345278 0 1004577000 362081072 642495928 0 0 0 0 0 191622000 146590180 45031820 185204063 64465848 120738215 1039611241 EQUITIES 702587831 F FIXED INCOME 77166645 F REAL ESTATE 65494662 F 845249138 0 DEPOSITS PAYABLE 20110687 US GOVERNMENT LOAN ADVANCES 34870382 54981069 776647449 775019390 1628059 175564959 175564959 177193018 818907676 175564959 -126255480 49309479 769598197 12126906 -5077654 7049252 776647449 641714658 7902329 7902329 633812329 12126906 129080155 141207061 775019390 BOSTON COLLEGE DID NOT HAVE A FIN 48 LIABILITY. SCHEDULE D, PART III, LINE 4 THE COLLECTIONS HELD BY BOSTON COLLEGE EDUCATE AND INSPIRE ITS STUDENTS AND FACULTY. SCHEDULE D, PART IV, LINE 2B STATE STREET HOLDS THE MAJORITY OF OUR TRUSTS. SCHEDULE D, PART V, LINE 4 THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE FOR FUNDING THE COLLEGE'S GENERAL OPERATING ACTIVITIES AND FOR FUNDING SPECIFIC PURPOSES, EITHER RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. PART XII, LINE 2D STUDENT AID (126,255,480) ------------ TOTAL (126,255,480) PART XII, LINE 4B FUNDRAISING DIRECT EXPENSES (749,988) RENTAL EXPENSES (7,152,341) AGENCY FUNDS 2,824,675 ---------- TOTAL (5,077,654) PART XIII, LINE 2D FUNDRAISING DIRECT EXPENSES 749,988 RENTAL EXPENSES 7,152,341 --------- TOTAL 7,902,329 PART XIII, LINE 4B STUDENT AID 126,255,480 AGENCY FUNDS 2,824,675 ----------- TOTAL 129,080,155 true true true A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE STUDENT REGISTRATION MATERIALS, THE UNIVERSITY COURSE CATALOG AND JOB POSTINGS ON THE HUMAN RESOURCES WEBSITE. true true true true false false false false false false false false true false THE UNIVERSITY PARTICIPATES IN SEOG, PERKINS, WORK-STUDY, AND OTHER GOVERNMENTAL TITLE IV PROGRAMS. true true South America 0 5 Program Services STUDY ABROAD 0 East Asia and the Pacific 0 1 Program Services STUDY ABROAD 0 Europe (Including Iceland and Greenland) 0 13 Program Services STUDY ABROAD 0 Middle East and North Africa 0 0 Program Services STUDY ABROAD 0 South Asia 0 1 Program Services STUDY ABROAD 0 Russia and the Newly Independent States 0 0 Program Services STUDY ABROAD 0 Sub-Saharan Africa 0 1 Program Services STUDY ABROAD 0 Europe (Including Iceland and Greenland) 1 0 Program Services STUDY ABROAD 0 Central America and the Caribbean 0 0 Program Services INVESTMENTS 0 North America 0 0 Program Services RESEARCH 0 Europe (Including Iceland and Greenland) 0 0 Program Services RESEARCH 0 Sub-Saharan Africa 0 0 Program Services RESEARCH 0 East Asia and the Pacific 0 0 Program Services RESEARCH 0 Central America and the Caribbean 0 0 Program Services RESEARCH 0 South America 0 0 Program Services RESEARCH 0 Middle East and North Africa 0 0 Program Services CONFERENCES 0 South America 0 0 Program Services CONFERENCES 0 East Asia and the Pacific 0 0 Program Services CONFERENCES 0 Europe (Including Iceland and Greenland) 0 0 Program Services CONFERENCES 0 1 21 0 PART I, COLUMN (F), EXPENDITURES BOSTON COLLEGE CURRENTLY DOES NOT TRACK FOREIGN EXPENDITURES FOR EACH PROGRAM SEPARATELY. NIGHT AT POPS 1741972 1307087 434885 0 0 0 156214 240212 10312 WALL ST. DINNER 2062838 1732508 330330 0 0 0 177235 6800 138845 1 1565117 1416617 148500 0 0 0 13770 5200 1400 5369927 4456212 913715 0 0 0 347219 252212 150557 749988 163727 true SCHOLARSHIPS TO STUDENTS 7772 131430077 PART I, LINE 2 - GRANT PROCEDURES BOSTON COLLEGE OFFERS GRANTS & LOANS TO STUDENTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. THEY MUST MEET ELIGIBILITY REQUIREMENTS AS DETERMINED BY THE FACULTY & BOARD OF TRUSTEES AND ARE ADMINISTERED BY THE STUDENT AID OFFICE. STUDENTS AND THEIR PARENTS COMPLETE EXTENSIVE APPLICATION MATERIALS, SUBMIT TAX RETURNS AND OTHER DOCUMENTS TO SUPPORT THEIR CLAIM FOR FINANCIAL ASSISTANCE. PART III, COLUMN (C) - THE CASH GRANT IS REFLECTED ON STUDENTS ACCOUNTS. X X X false true X X X false true false false false false false false false Patrick J Keating 402400 0 0 27000 19600 15007 464007 0 0 Mary Lou DeLong 207400 0 0 15707 21000 15007 259114 0 0 James P McIntyre 220300 0 0 14800 22528 14756 272384 0 0 Peter C McKenzie 392834 0 0 39200 24500 14288 470822 0 0 Cutberto Garza 430900 0 0 30300 19600 15007 495807 0 0 Leo V Sullivan 231698 0 0 22697 23002 14827 292224 0 0 Marian G Moore 308996 0 0 19000 19600 15007 362603 0 0 James J Husson 347720 0 0 23510 19600 15007 405837 0 0 Thomas J Keady 207880 0 0 15760 17200 15007 255847 0 0 Daniel F Bourque 203652 0 0 40415 0 13208 257275 0 0 Thomas P Lockerby 241320 0 0 15230 19600 15007 291157 0 0 Patrick Rombalski 199670 0 0 23800 11200 15007 249677 0 0 Eugene B De filippo 483984 0 40000 37393 24500 15007 600884 0 0 Albert L Skinner 1042792 0 15000 17625 24500 15007 1114924 0 0 Andrew C Boynton 370725 0 0 50641 19600 15007 455973 0 0 HASSAN TEHRANIAN 386478 0 0 6989 24500 15007 432974 0 0 DAVID QUIGLEY 218482 0 0 900 22233 18748 260363 0 0 FRANK J SPAZIANI 997984 0 28500 13419 24500 15007 1079410 0 0 Schedule J, Part I THE UNIVERSITY PAID COMPENSATION AND BENEFITS OF $4,538,926 TO THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS, THE FOUNDERS OF BOSTON COLLEGE, FOR INSTRUCTIONAL, ADMINISTRATIVE AND INSTITUTIONAL SERVICES, AS WELL AS FOR SERVICES RENDERED BY THE UNIVERSITY'S JESUIT OFFICERS. TRUSTEES ARE NOT COMPENSATED. SCHEDULE J, PART I, LINE 1A FIRST CLASS TRAVEL OR CHARTER TRAVEL: BOSTON COLLEGE DOES NOT GENERALLY PERMIT FIRST CLASS TRAVEL FOR BUSINESS TRIPS. HOWEVER, ON OCCASION FOR UNUSUALLY LONG FLIGHTS IT MAY BE PERMITTED PROVIDED THERE IS APPROVAL IN ADVANCE. IN CONNECTION WITH ITS ATHLETICS PROGRAM, BC UTILIZES CHARTER TRAVEL. CERTAIN INDIVIDUALS LISTED IN PART VII FLY WITH THE TEAM AS PART OF THEIR RESPONSIBILITIES AS EMPLOYEES OF BOSTON COLLEGE. TRAVEL FOR COMPANIONS: UNIVERSITY POLICY IS NOT TO REIMBURSE FOR COMPANION TRAVEL. ON OCCASION, CERTAIN INDIVIDUALS LISTED IN PART VII HAVE HAD COMPANION TRAVEL AT NO ADDITIONAL COST TO THE COLLEGE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: FOUR OF THE INDIVIDUALS LISTED IN PART VII RECEIVE AN ANNUAL MEMBERSHIP TO A LOCAL COUNTRY CLUB. THE FULL VALUE WAS INCLUDED IN THEIR TAXABLE COMPENSATION. SCHEDULE J PART I, LINE 1B BOSTON COLLEGE HAS POLICIES THAT COVER FIRST CLASS AIR TRAVEL AND TRAVEL FOR COMPANIONS. SUCH TRAVEL IS GENERALLY NOT PERMITTED BUT IS APPROVED ON A CASE BY CASE BASIS AT THE VP LEVEL. SOCIAL CLUB DUES ARE PROVIDED IN ACCORDANCE WITH THE CONTRACTS OF THE INDIVIDUALS WHO RECEIVE THE BENEFIT AND ARE APPROVED. SCHEDULE J PART I, LINE 4B IN PRIOR YEARS PAYMENTS TOTALING $300,000 WERE MADE TO A 457 (F) PLAN ON BEHALF OF LEO SULLIVAN. MR. SULLIVAN WILL BE ELIGIBLE TO RECEIVE PAYMENT FROM THIS PLAN ON MAY 31, 2010 AS LONG AS HE REMAINS EMPLOYED BY BOSTON COLLEGE. IN PRIOR YEARS PAYMENTS TOTALING $735,430 WERE MADE TO A 457 (F) PLAN ON BEHALF OF ALBERT SKINNER. PAYMENTS WERE TAXED IN THE YEAR CREDITED TO THE ACCOUNT. MR. SKINNER WILL RECEIVE THE VALUE OF HIS 457 (F) ACCOUNT SUBSEQUENT TO HIS RETIREMENT OR TERMINATION OF HIS EMPLOYMENT AT BOSTON COLLEGE. Mass Health& Education Facilities Auth - Series N 042456011 57585K6M5 2003-09-04 122456271 SEE SCHEDULE O false false Mass Development Finance Agency - Series P 043431814 57583RPC3 2007-07-26 180931618 SEE SCHEDULE O false false Mass Development Finance Agency - Series Q1 Q2 043431814 57583RL45 2009-05-21 104818300 SEE SCHEDULE O false false 103577839 0 0 0 787521 0 83167358 2008 true true true true 180610962 0 0 0 958893 0 103055757 2010 true true true true 104367766 0 0 3772794 583495 0 73283363 true false false true false false true true true 0.01600 0.01600 true false false true true true 0.01300 0.01300 true false true true true true 0.07800 0.07800 true false false false true AGEON ISTL MKTS 2.6 true true false false false false true RABOBANK INTERNTL 2.5 true false true false false false false false false Mary Lou DeLong MORTGAGE X 450000 450000 false true ANDREW BOYNTON MORTGAGE X 850000 850000 false true EUGENE DE FILIPPO MORTGAGE X 450000 450000 false true CUTBERTO GARZA MORTGAGE X 880000 880000 false true JAMES J HUSSON MORTGAGE X 500000 500000 false true PATRICK KEATING MORTGAGE X 292500 292500 false true THOMAS LOCKERBY MORTGAGE X 380000 380000 false true PATRICK RAMBALSKI MORTGAGE X 400000 400000 false true ALBERT SKINNER MORTGAGE X 650000 650000 false true CUTBERTO GARZA NOTE RECEIVABLE X 139448 139448 false true DAVID QUIGLEY NOTE RECEIVABLE X 130740 130740 false true 5122688 FIDELITY INVESTMENTS TRUSTEE IS AN OFFICER 1150773 INVESTMENT FEES false BOSTON COACH TRUSTEE IS AN OFFICER 2579175 BUS CONTRACT false GAMCO 2 TRUSTEES AS DIR&OFFICER 437221 INVESTMENT false TCV PARTNERS TRUSTEE'S SPOUSE AS OFF. 250520 INVESTMENT false MASSMUTUALOPPENHEIMER TRUSTEE IS A DIRECTOR 591433 INVESTMENT false STATE STREET TRUSTEE'S SPOUSE AS OFF. 253016 CUSTODIAN FEES false HIGHRISE CAPITAL TRUSTEE IS A DIRECTOR 142807 INVESTMENT false MICHAEL F MCKENZIE SON OF TREASURER 43993 EMPLOYEE AT BOSTON COLLEGE false MARIE SANNELLA SISTER OF TRUSTEE 104798 EMPLOYEE AT BOSTON COLLEGE false CLOUGH CAPITAL TRUSTEE IS CHAIRMAN & CEO 241340 INVESTMENT FEES false EMC TRUSTEE IS A BOARD MEMBER 361267 VENDOR false X 6 139890 OPINION OF EXPERTS X 1165 OPINION OF EXPERTS X 240 7829331 MARKET VALUE X 7 819000 OPINION OF EXPERTS X SPRINKLER SYSTEM 1 135482 RETAIL SELLING PRICE X EQUIPMENT AND GOODS 19 314588 COST, OPN OF EXPERTS 0 false true true ARRANGEMENTS WITH THIRD PARTIES OR RELATED ORGANIZATIONS SCHEDULE M, PART I, LINE 32B BOSTON COLLEGE USES A NUMBER OF THIRD PARTIES TO SELL NONCASH GIFTS OF SECURITIES. SCHEDULE M, PART I, COLUMN (B) COLUMN B IS BASED ON THE NUMBER OF CONTRIBUTIONS. MISSION FORM 990, PART I, LINE 1 AND PART III LINE 1 STRENGTHENED BY MORE THAN A CENTURY AND A QUARTER OF DEDICATION TO ACADEMIC EXCELLENCE, BOSTON COLLEGE COMMITS ITSELF TO THE HIGHEST STANDARDS OF TEACHING AND RESEARCH IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS AND TO THE PURSUIT OF A JUST SOCIETY THROUGH ITS OWN ACCOMPLISHMENTS, THE WORK OF ITS FACULTY AND STAFF, AND THE ACHIEVEMENTS OF ITS GRADUATES. IT SEEKS BOTH TO ADVANCE ITS PLACE AMONG THE NATION'S FINEST UNIVERSITIES AND TO BRING TO THE COMPANY OF ITS DISTINGUISHED PEERS AND TO CONTEMPORARY SOCIETY THE RICHNESS OF THE CATHOLIC INTELLECTUAL IDEAL OF A MUTUALLY ILLUMINATING RELATIONSHIP BETWEEN RELIGIOUS FAITH AND FREE INTELLECTUAL INQUIRY. BOSTON COLLEGE DRAWS INSPIRATION FOR ITS ACADEMIC AND SOCIETAL MISSION FROM ITS DISTINCTIVE RELIGIOUS TRADITION. AS A CATHOLIC AND JESUIT UNIVERSITY, IT IS ROOTED IN A WORLD VIEW THAT ENCOUNTERS GOD IN ALL CREATION AND THROUGH ALL HUMAN ACTIVITY, ESPECIALLY IN THE SEARCH FOR TRUTH IN EVERY DISCIPLINE, IN THE DESIRE TO LEARN, AND IN THE CALL TO LIVE JUSTLY TOGETHER. IN THIS SPIRIT, THE UNIVERSITY REGARDS THE CONTRIBUTION OF DIFFERENT RELIGIOUS TRADITIONS AND VALUE SYSTEMS AS ESSENTIAL TO THE FULLNESS OF ITS INTELLECTUAL LIFE AND TO THE CONTINUOUS DEVELOPMENT OF ITS DISTINCTIVE INTELLECTUAL HERITAGE. BOSTON COLLEGE PURSUES THIS DISTINCTIVE MISSION BY SERVING SOCIETY IN THREE WAYS: - BY FOSTERING THE RIGOROUS INTELLECTUAL DEVELOPMENT AND THE RELIGIOUS, ETHICAL AND PERSONAL FORMATION OF ITS UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS IN ORDER TO PREPARE THEM FOR CITIZENSHIP, SERVICE AND LEADERSHIP IN A GLOBAL SOCIETY; - BY PRODUCING NATIONALLY AND INTERNATIONALLY SIGNIFICANT RESEARCH THAT ADVANCES INSIGHT AND UNDERSTANDING, THEREBY BOTH ENRICHING CULTURE AND ADDRESSING IMPORTANT SOCIETAL NEEDS; AND - BY COMMITTING ITSELF TO ADVANCE THE DIALOGUE BETWEEN RELIGIOUS BELIEF AND OTHER FORMATIVE ELEMENTS OF CULTURE THROUGH THE INTELLECTUAL INQUIRY, TEACHING AND LEARNING, AND THE COMMUNITY LIFE THAT FORM THE UNIVERSITY. BOSTON COLLEGE FULFILLS THIS MISSION WITH A DEEP CONCERN FOR ALL MEMBERS OF ITS COMMUNITY, WITH A RECOGNITION OF THE IMPORTANT CONTRIBUTION A DIVERSE STUDENT BODY, FACULTY AND STAFF CAN OFFER, WITH A FIRM COMMITMENT TO ACADEMIC FREEDOM, AND WITH A DETERMINATION TO EXERCISE CAREFUL STEWARDSHIP OF ITS RESOURCES IN PURSUIT OF ITS ACADEMIC GOALS. VOLUNTEERS FORM 990, PART I, LINE 6 ALTHOUGH BOSTON COLLEGE HAS MANY VOLUNTEERS WHO DEDICATE THEIR TIME AND EFFORTS TO THE COLLEGE, THEIR NUMBER IS NOT FORMALLY TRACKED. ALL TRUSTEES ARE PROVIDING VOLUNTEER SERVICES TO BOSTON COLLEGE. BOSTON COLLEGE ALUMNI KEEP UP THE JESUIT, CATHOLIC TRADITION AFTER GRADUATION AS ALUMNI VOLUNTEERS. WHETHER IT'S SIMPLY KEEPING IN TOUCH WITH FELLOW EAGLES OR MAKING A DIFFERENCE THROUGH THE UNIVERSITY, BOSTON COLLEGE HAS ACTIVE ALUMNI WHO CONTINUE TO VOLUNTEER THEIR TIME TO CONTRIBUTE TO THE BOSTON COLLEGE COMMUNITY. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EXPENDITURES FOR PUBLIC SERVICE AND STUDENT AGENCIES AND OTHER MISCELLANEOUS PROGRAM REVENUES AND EXPENSES. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION A - QUESTION 2 ROBERT MORRISSEY AND MARIO GABELLI ARE BOTH ON THE BOARD OF GAMCO. FRANK DOYLE IS THE CEO OF CONNELL LIMITED PARTNERS AND ROBERT MORRISSEY SITS ON THE BOARD OF DIRECTORS. SECTION B - QUESTION 11 WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED. THE FULL 990 RETURN IS THEN REVIEWED BY SENIOR MANAGEMENT, THE TRUSTEE FINANCE AND AUDIT COMMITTEE AND THE FULL BOARD OF TRUSTEES. THE FINAL FORM 990 IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES ON THE BOSTON COLLEGE WEBSITE PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. SECTION B - QUESTION 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH BOSTON COLLEGE. THESE DISCLOSURES ARE REVIEWED BY THE FINANCIAL VICE PRESIDENT AND TREASURER AND HIS STAFF. THE FINANCIAL VICE PRESIDENT AND TREASURER PREPARES A REPORT OF ALL CONFLICTS FOR REVIEW WITH THE PRESIDENT, EXECUTIVE VICE PRESIDENT, AND GENERAL COUNSEL. FOLLOWING THEIR REVIEW, THE REPORT IS REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. ALL CONFLICT SITUATIONS ARE RESOLVED AT THIS FINAL REVIEW IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. SECTION B - POLICIES, QUESTION 15A & B BOSTON COLLEGE'S PRESIDENT IS A MEMBER OF THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS. THE COMPENSATION AND BENEFITS OF WILLIAM P. LEAHY S.J., ALONG WITH OTHER MEMBERS OF THE JESUIT COMMUNITY WHO PROVIDE SERVICES TO BOSTON COLLEGE, ARE PAID TO THE BOSTON COLLEGE COMMUNITY OF THE SOCIETY OF JESUS OR WESTON JESUIT COMMUNITY OF THE SOCIETY OF JESUS. TOTAL PAYMENTS TO THE ORGANIZATIONS NOTED ABOVE IN FY10 WERE $4,538,926. FOR ALL OTHER OFFICERS, TRUSTEES, AND KEY EMPLOYEES, BOSTON COLLEGE HAS AN EXECUTIVE COMMITTEE THAT ACTS AS THE INDEPENDENT COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSIDERS MARKET DATA AND ANALYSES ASSEMBLED BY INDEPENDENT COMPENSATION CONSULTANTS. THE COMMITTEE'S DELIBERATIONS ARE REFLECTED IN ITS MINUTES. SECTION C - DISCLOSURE, LINE 19 BOSTON COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. SCHEDULE K, TAX-EXEMPT BONDS PART I, COLUMN F - DESCRIPTION OF PURPOSE LINE A - CONSTRUCTION & EQUIPMENT, REFUNDING OF BONDS ISSUED ON 8/12/1991; 6/8/1995; 11/16/1993 LINE B - PROPERTY ACQUISITION CONSTRUCTION & EQUIPMENT, REFUNDING OF BONDS ISSUED ON 4/25/1991; 11/16/1993 LINE C - PROPERTY ACQUISITION CONSTRUCTION & EQUIPMENT, REFUNDING OF BONDS ISSUED ON 12/10/2008 PART III, COLUMN C, LINES 4&6 FOR THE PERIOD ENDING MAY 31, 2010, THE AMOUNT OF PRIVATE USE RELATED TO THE MASSACHUSETTS DEVELOPMENT FINANCE AGENCY REVENUE BONDS, BOSTON COLLEGE ISSUE, SERIES Q1 & Q2, EXCEEDED THE ALLOWED 5% LIMIT DUE TO THE ACQUISITION OF A PROPERTY (PURCHASED USING $67,000,000 OF THE SERIES Q BOND PROCEEDS) THAT REQUIRED TIME FOR THE RELOCATION OF CERTAIN TENANTS NOT AFFILIATED WITH THE COLLEGE. ALL CURRENT TENANTS ARE AFFILIATED WITH THE COLLEGE. IF AVERAGED OVER THE LIFE OF THE BONDS, THE AMOUNT OF PRIVATE USE IS ESTIMATED TO BE 1.7%. 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