Saint Anselm College

“Members or stockholders the college has members who are religious individuals in solemn vows.”

“Member or stockholders the college's members elect eight individuals to the governing board.”

“Members or stockholders questions regarding the mission, siting of buildings and disposition of campus property are subject to approval by the members of the college.”

“Form 990 review process the form 990 is prepared by management of the college and reviewed by a tax advisory firm. The draft form 990 is then reviewed by the audit committee and recommended for approval by the governing body. Subsequently, the form 990 is provided to all members of the governing body with opportunity to raise questions or issues. After resolution and prior to filing the form 990 with the irs, the draft form 990 is submitted for approval by the executive committee of the college's board of trustees.”

“Conflict of interest policy monitoring & enforcement a written copy of the conflict of interest policy is distributed annually to the trustees of the governing board and officers who are asked to complete a conflict of interest disclosure form, indicating they are in compliance with the policy and/or disclosing any potential conflicts of interest. The president's office receives and reviews the responses to determine if there are any potential conflicts that need to be disclosed, discussed and/or mitigated. In accordance with the policy "a person who has a conflict of interest shall not participate in or be permitted to hear the board's or committee's discussion of the matter except to disclose material facts and to respond to questions. Such person shall not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting."”

“Process for determining compensation compensation process for top officials: the compensation amount for the president position is determined based upon an analysis of compensation amounts for the same position at institutions of similar size, scope, and geographic location, completed by the compensation committee of the board of trustees. Compensation for the president was reviewed upon hire in july 2019 and again in spring of 2022. Compensation process for officers and highest paid employees: the compensation amount for officers and highest paid employees is determined based upon an analysis of compensation amounts for the same position at institutions of similar size, scope, geographic location and cupa hr. The compensation committee is responsible for the review and approval of the compensation of the president, officers and highest paid employees. Compensation decisions and reports are contemporaneously documented in the minutes of the meeting of the compensation committee when the decisions are made. Reviews are usually performed on an ad hoc basis as needs arise but a full study of all senior leadership positions was conducted in the spring of 2022. The personnel review committee is comprised of vice president for finance & cfo, executive director of human resources and the assistant vice president for finance. The personnel review committee reviews any position over $15,000 and consults with the president on any position with a salary over $125,000.”

“How documents are made available to the public the college makes its governing documents and conflict of interest policy available to faculty, staff and students via its internal portal. Governing documents as well as the filed forms 990 are available to the greater public upon request.”

“Form 1096 reporting amount reported in box 3 of form 1096 includes 2,548 forms 1098-t.”

“Change in value of split-interest agreements 540,736.”