Bentley University

“Form 990 review process: a full and complete copy of the form 990 and all its accompanying schedules was sent electronically to the audit committee of the bentley university board of trustees in april for its review and approval. Upon completion of that review and approval in april, the complete form 990 was made available to the full board prior to filing with the irs.”

“Conflict of interest policy: members of the university's board of trustees and senior management may, from time to time, be associated, either directly or indirectly, with companies doing business with the university. The university has a written conflict of interest policy that requires, among other things, that no member of the board of trustees may participate in any decision in which he or she has a material financial interest. Each trustee is required to certify compliance with the conflict-of-interest policy on an annual basis as well as disclose any potential related-party transactions to the audit committee. When such a relationship exists, the university requires that such transactions be conducted at arm's length, with terms that are fair and reasonable to the university. For senior management, the university requires annual disclosure of significant financial interests in, or governance or employment or consulting relationships with, entities doing business with the university. When such relationships exist, measures are taken to appropriately manage the actual or perceived conflict in the best interest of the university.”

“Compensation policy: compensation arrangements for the president and all officers are reviewed by the compensation and benefits committee of the board of trustees, which is independent of management and free of any conflicts of interest that would interfere with their exercise of independent judgment. The compensation and benefits committee reviews other non-profit organizations' forms 990 and general salary surveys and salaries and then submits its recommendations for approval by the full board in advance of any payment. In addition, the university periodically engages an independent party that reviews salary information and reports results to the compensation and benefits committee of the board of trustees. Detail of all discussions of the trustee compensation and benefits committee is contemporaneously documented. The process for determining the compensation of the university's president and all officers is reasonable and satisfies the rebuttable presumption of treasury regulation section 53.4958-6.”

“Public disclosure: the university's principal governing documents, including the articles of organization and by-laws, are filed with the massachusetts secretary of state and are available to the public on the university's website. The university's financial statements are posted on the university's website for public viewing. Regarding conflict of interest, the individual forms signed by trustees and officers are not available for public inspection, but the university's financial statements include a footnote discussing related-party transactions. The conflict-of-interest policy is also available upon request.”

“Organization's mission bentley university changes the world with a transformative business education, integrated with arts and sciences, that inspires and prepares ethical leaders who will confront the challenges of today and shape the opportunities of tomorrow.”

“Organization's mission bentley university believes good business can impact more than the bottom line - it can change the world. Bentley is a community of future business leaders who will deliver value in the marketplace and lasting positive effects for society. The university's students are highly sought after, its faculty apply innovative research to real-world problems, and its alumni lead organizations around the world. Bentley educates the head and the heart with an innovative, technology-focused education that integrates the best of business and the arts and sciences and prepares the business leaders of tomorrow to lead successful, rewarding careers. Founded in 1917, the university enrolls 4,500 undergraduate and 800 graduate and phd students and is set on 163 acres in waltham, massachusetts, 10 miles west of boston. For more information, visit bentley.edu. Bentley university enjoys a strong position in many major rankings. Princeton review ranks bentley no. 1 in the nation for career services. The wall street journal ranks bentley as the 11th best college in the united states. U.s. News and world report ranks bentley as the no. 1 most innovative regional university in the north. And georgetown university's center on education and the workforce ranks bentley no. 13 in the country for highest return on investment. For more than a decade, 97-99 percent of our graduates have been employed or enrolled in graduate school within six months of graduation. Undergraduate and graduate business programs at bentley are accredited by the association to advance collegiate schools of business (aacsb international). The university is also accredited by the new england commission of higher education (neche).”

“Program service accomplishments faculty, staff and students collaborate with external partners from the business world and community, allowing students to benefit from hands-on learning in real-world working environments. Faculty across all departments are committed to establishing effective teaching and learning relationships with students both inside and outside the classroom, while simultaneously pursuing scholarly research that contributes to their knowledge and that supports the university's teaching mission. The university has more than 100 student organizations that provide countless opportunities for involvement, learning, and leadership. Approximately 75% of bentley's undergraduate students live in campus-provided housing. Residence halls include single, double, triple, and quadruple occupancy rooms as well as apartments and suites. All of the residence halls offer students modern day amenities. In addition, the university offers resident students several different dining options from which to choose.”

“Other non operating changes -53,000.”