Civic Intelligence

Trustees of Boston College

990 • Fiscal year 2014 • EIN 04-2103545

Jun 01, 2013 to May 31, 2014 • Filed on Apr 10, 2015

140 Commonwealth Avenue129 Lake Street Suite Room 440Chestnut Hill, MA 02467

(617) 552-2481

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.29x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

1.25x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Net Margin

52nd percentile

9.2%

Higher net margin than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Top Officer Pay

72nd percentile

$2,585,655

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Revenue Growth

48th percentile

5.9%

Faster revenue growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,099,479,135

Up $462,709,330 (+13%) from 2013

Net Assets

Up

$2,890,392,565

Up $221,030,130 (+8.3%) from 2013

Liabilities

Up

$1,209,086,570

Up $241,679,200 (+25%) from 2013

Revenue

Up

$968,788,877

Up $53,566,038 (+5.9%) from 2013

Expenses

Up

$880,076,471

Up $43,466,335 (+5.2%) from 2013

Net Income

Up

$88,712,406

Up $10,099,703 (+13%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0B$6.0B$4.0B$2.0B$0Assets 2010: $3,092,937,771Liabilities 2010: $905,513,677Net Assets 2010: $2,187,424,0942010Assets 2011: $3,487,314,630Liabilities 2011: $1,012,010,967Net Assets 2011: $2,475,303,6632011Assets 2012: $3,394,745,931Liabilities 2012: $995,896,310Net Assets 2012: $2,398,849,6212012Assets 2013: $3,636,769,805Liabilities 2013: $967,407,370Net Assets 2013: $2,669,362,4352013Assets 2014: $4,099,479,135Liabilities 2014: $1,209,086,570Net Assets 2014: $2,890,392,5652014Assets 2015: $4,270,257,311Liabilities 2015: $1,192,262,457Net Assets 2015: $3,077,994,8542015Assets 2016: $4,203,640,745Liabilities 2016: $1,192,200,450Net Assets 2016: $3,011,440,2952016Assets 2017: $4,693,970,609Liabilities 2017: $1,403,257,669Net Assets 2017: $3,290,712,9402017Assets 2018: $4,851,948,400Liabilities 2018: $1,392,003,823Net Assets 2018: $3,459,944,5772018Assets 2019: $4,772,401,283Liabilities 2019: $1,353,729,916Net Assets 2019: $3,418,671,3672019Assets 2020: $5,201,949,007Liabilities 2020: $1,626,351,056Net Assets 2020: $3,575,597,9512020Assets 2021: $6,311,936,438Liabilities 2021: $1,585,677,586Net Assets 2021: $4,726,258,8522021Assets 2022: $6,546,399,748Liabilities 2022: $1,830,728,037Net Assets 2022: $4,715,671,7112022Assets 2023: $6,509,364,247Liabilities 2023: $1,803,221,176Net Assets 2023: $4,706,143,0712023Assets 2024: $6,914,571,277Liabilities 2024: $1,761,778,626Net Assets 2024: $5,152,792,6512024Assets 2025: $7,724,895,187Liabilities 2025: $2,093,699,459Net Assets 2025: $5,631,195,7282025

Highlighted filing

2014

Assets$4,099,479,135
Liabilities$1,209,086,570
Net Assets$2,890,392,565

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0B$1.5B$1.0B$500M$0Expenses 2010: $775,019,3902010Expenses 2011: $794,440,7032011Expenses 2012: $804,799,5932012Revenue 2013: $915,222,839Expenses 2013: $836,610,136Net Income 2013: $78,612,7032013Revenue 2014: $968,788,877Expenses 2014: $880,076,471Net Income 2014: $88,712,4062014Revenue 2015: $1,059,561,796Expenses 2015: $918,252,282Net Income 2015: $141,309,5142015Revenue 2016: $1,090,130,860Expenses 2016: $962,884,338Net Income 2016: $127,246,5222016Revenue 2017: $1,082,278,930Expenses 2017: $998,683,340Net Income 2017: $83,595,5902017Revenue 2018: $1,164,010,591Expenses 2018: $1,051,168,572Net Income 2018: $112,842,0192018Revenue 2019: $1,198,724,231Expenses 2019: $1,093,642,239Net Income 2019: $105,081,9922019Revenue 2020: $1,223,122,663Expenses 2020: $1,109,480,255Net Income 2020: $113,642,4082020Revenue 2021: $1,459,094,631Expenses 2021: $1,148,979,197Net Income 2021: $310,115,4342021Revenue 2022: $1,638,236,627Expenses 2022: $1,223,628,923Net Income 2022: $414,607,7042022Revenue 2023: $1,344,989,139Expenses 2023: $1,291,475,190Net Income 2023: $53,513,9492023Revenue 2024: $1,638,324,218Expenses 2024: $1,411,712,355Net Income 2024: $226,611,8632024Revenue 2025: $1,838,532,376Expenses 2025: $1,504,254,811Net Income 2025: $334,277,5652025

Highlighted filing

2014

Revenue$968,788,877
Expenses$880,076,471
Net Income$88,712,406
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Apr 10, 2015
Return Version
2013v4.0
Gross Receipts
$1,686,272,257
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,154,556,142$1,519,414,821▲ $364,858,679
Land, Buildings, and Equipment, Net$1,198,129,843$1,241,027,732▲ $42,897,889
Investments Other Securities$966,490,924$1,030,984,487▲ $64,493,563
Pledges and Grants Receivable$181,815,465$158,609,077▼ $23,206,388
Other Notes and Loans Receivable, Net$77,203,776$84,712,584▲ $7,508,808
Accounts Receivable$21,672,353$27,456,530▲ $5,784,177
Prepaid Expenses and Deferred Charges$10,678,183$11,922,819▲ $1,244,636
Investments Program Related$12,390,579$11,112,800▼ $1,277,779
Cash and Non-Interest-Bearing Accounts$4,799,056$6,602,050▲ $1,802,994
Receivables From Officers Etc$4,302,380$3,917,227▼ $385,153
Savings and Temporary Cash Investments$3,883,402$3,329,849▼ $553,553
Inventories for Sale or Use$417,702$389,159▼ $28,543
Receivable From Disqualified Prsn$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,636,769,805$4,099,479,135▲ $462,709,330
Other Assets Total$430,000$0▼ $430,000
Liabilities
Tax Exempt Bond Liabilities$734,765,949$769,251,471▲ $34,485,522
Unsecured Notes Loans Payable$288,287$181,189,024▲ $180,900,737
Accounts Payable and Accrued Expenses$150,055,372$173,806,659▲ $23,751,287
Other Liabilities$48,797,373$49,726,011▲ $928,638
Deferred Revenue$16,365,009$14,862,535▼ $1,502,474
Escrow Account Liability$7,023,143$7,023,233▲ $90
Grants Payable$10,112,237$6,777,765▼ $3,334,472
Mortgage Notes Payable Secured by Investment Property$0$6,449,872▲ $6,449,872
Total Liabilities$967,407,370$1,209,086,570▲ $241,679,200
Net Assets / Fund Balance
Unrestricted Net Assets$1,393,290,601$1,466,438,130▲ $73,147,529
Permanently Rstr Net Assets$781,896,401$831,890,741▲ $49,994,340
Temporarily Rstr Net Assets$494,175,433$592,063,694▲ $97,888,261
Total Net Assets Fund Balance$2,669,362,435$2,890,392,565▲ $221,030,130
Total Liabilities and Net Assets / Fund Balance$3,636,769,805$4,099,479,135▲ $462,709,330

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$743,234,467$488,750,241$1,231,984,708
Other Land Buildings$268,193,308$85,499,688$353,692,996
Equipment$41,611,595$176,763,256$218,374,851
Land$187,988,362-$187,988,362
Leasehold Improvements$0$0$0
Other Securities$60,137,391--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,981,349,000$61,865,000▲ $244,280,000$65,563,000$2,198,282,000
2012$1,757,446,000$38,088,000▲ $272,617,000$64,465,000$1,981,349,000
2011$1,889,079,000$49,701,000▼ $100,032,000$62,244,000$1,757,446,000
2010$1,647,653,000$56,634,000▲ $264,829,000$61,671,000$1,889,079,000
2009$1,491,158,000$52,099,000▲ $179,298,000$60,792,000$1,647,653,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen R AddazioFootball CoachFT$516,701$781,524$2,585,655
Leo J Corcoran EsqTrustee-$2,560,847$24,808$2,585,655
Stephen C DonahueMEN'S BASKETBALL COACHFT$499,236$87,324$1,023,859
Michael H Devlin IiTrustee-$978,749$45,110$1,023,859
Bradley J BatesAthletics DirectorFT$941,635$191,916$695,050
Claudia Henao De La CruzTrustee-$663,507$31,543$695,050
Jeremiah F YorkHockey CoachFT-$59,612$626,953
Michael E Engh SjTrustee-$576,743$50,210$626,953
Hassan TehranianCsom - Finance ProfessorFT$541,841$117,554$616,790
John R EganTrustee-$519,710$97,080$616,790
Susan Mcmanama GianinnoTrustee-$585,069-$585,069
Albert L SkinnerFORMER MEN'S BASKETBALL COACH-$349,069$585,069$585,069
Patrick J KeatingExecutive VPFT$251,744$87,128$524,848
John E Buehler JrTrustee-$474,638$50,210$524,848
Peter C MckenzieFinance VP/TreasurerFT$302,746$67,148$519,889
Charles I Clough JrTrustee-$469,679$50,210$519,889
James J HussonSenior VP Univ. AdvancementFT$126,880$83,918$459,912
Matthew J BoticaTrustee-$409,702$50,210$459,912
Cutberto GarzaProv/dean Fac(until 6/30/13)FT$375,994$70,031$445,596
Patricia L BonanTrustee-$398,065$47,531$445,596
Michael J BourqueVP Information TechnologyFT$250,722$172,332$423,054
Drake G BehrakisTrustee-$283,770$139,284$423,054
Joseph F QuinnInt Pro/dean Fac(begin 7/1/13)FT$245,541$60,448$409,517
Margot C Connell DbaTrustee-$370,418$39,099$409,517
David QuigleyDean of Arts and SciencesFT-$71,618$374,364
Robert J Cooney EsqTrustee-$324,154$50,210$374,364
Daniel F BourqueVP Facilities ManagementFT$231,059$132,497$363,556
Steven M BarryTrustee-$322,543$41,013$363,556
Thomas P LockerbyVP DevelopmentFT$220,526$85,261$337,005
Patrick CarneyTrustee-$284,848$52,157$337,005
Leo V SullivanVP - Human ResourcesFT$1,810,964$78,322$323,863
John M Connors JrTrustee-$273,511$50,352$323,863
James P McintyreSenior Vice PresidentFT$452,741$86,220$306,746
The Hon Darcel D ClarkTrustee-$255,186$51,560$306,746
Thomas J KeadyVP Gvmt/community AffairsFT$437,720$67,868$294,459
Karen Izzi BristingTrustee-$243,840$50,619$294,459
Kelli J ArmstrongVP Plan & AssessFT$186,279$103,768$290,047
John F FishTrustee - Vice Chair-$201,543$88,504$290,047
William J GearyTrustee-$166,587$25,915$192,502
Patrick RombalskiFormer VP Student Affairs--$192,502$192,502
Mary Lou DelongVP&secretary (until 1/1/2013)FT$375,565$154,278$154,278
Mario J GabelliTrustee-$131,121$23,157$154,278
Barbara JonesVP Studt Affair (begin 7/1/13)FT$226,591$24,472$151,352
Cathy M BrienzaTrustee-$145,970$5,382$151,352

Highest Paid Contractors

ContractorServicesLocationCompensation
Shawmut Design And ConstructionConstruction-$38,486,189
Consigli Construction Co INCConstruction-$5,472,422
Walsh Brothers INCConstruction-$5,326,785
Wise ConstructionConstruction-$3,689,202
Harrison Global LLC - Dba Boston CoBusing Company-$2,841,001
Revenue and Support

Revenue Composition

Contributions and Grants
$139,307,553
Program Service Revenue
$706,927,736
Investment Income
$123,678,429
Other Revenue
$-1,124,841
All Other Contributions
$107,665,236
Change in Net Assets
$88,712,406

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded269$18,404,930Market Value
Works of Art9$722,745Opinion of Experts
Other Non Cash Contri Table9$206,535Actual Invoice Price
Other Non Cash Contri Table1$138,134Actual Invoice Price
Books and Publications-$100,772Opinion of Experts
Other Non Cash Contri Table6$33,811Actual Invoice Price
Total Noncash Contributions294$19,606,927-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$443,741,665
Other Expenses$270,526,746
Grants and Similar Amounts Paid$165,808,060
Total Fundraising Expense$17,854,179
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$254,981,340$70,956,969$10,462,200$336,400,509
Grants to Domestic Individuals$165,529,830--$165,529,830
Other Employee Benefits$44,241,820$12,747,478$1,864,365$58,853,663
Depreciation Depletion$46,477,676$7,023,321-$53,500,997
Other Expenses$37,211,003$4,488,578$333,677$42,033,258
Interest$28,497,422$7,212,697-$35,710,119
Fees for Services Other$22,020,797$6,071,560$681,449$28,773,806
Occupancy$11,088,827$17,579,440-$28,668,267
Pension Plan Contributions$16,873,160$4,887,159$685,576$22,445,895
Payroll Taxes$15,668,403$4,504,917$669,921$20,843,241
Travel$16,851,182$920,214$739,259$18,510,655
Fees for Service Investment Mgmnt Fees-$13,166,826-$13,166,826
Office Expenses$6,669,170$2,609,343$1,006,054$10,284,567
Current Officers, Directors, Trustees, and Key Employees$1,420,526$3,189,421$543,127$5,153,074
Information Technology$2,450,497$2,391,242$180,715$5,022,454
Conferences and Meetings$1,471,711$2,608,902$687,686$4,768,299
Fees for Services Legal$226,349$702,419-$928,768
Fees for Services Accounting-$651,881-$651,881
Advertising$413,030$45,165$150$458,345
Foreign Grants$278,230--$278,230
Fees for Services Lobbying-$75,000-$75,000
Comp Disqual Persons$45,283--$45,283
Total Functional Expenses$753,268,671$108,953,621$17,854,179$880,076,471
International Activity

International Summary

Offices
1
Employees
584
Spending
$456,473,937

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$441,455,476
Europe (Including Iceland and Greenland)Program ServicesStud Abr, Lib, Instr-310$10,635,785
East Asia and the PacificProgram ServicesRsrch, Stud Abr, Instr-70$1,322,480
North AmericaProgram ServicesRsrch, Stud Abr, Instr-74$866,231
South AmericaProgram ServicesStud Abr, Rsrch, Instr-14$781,471
Central America and the CaribbeanProgram ServicesSt Ab, Acd Sup, Pub Sv153$395,808
Sub-Saharan AfricaProgram ServicesPub Svc, Stud Abr, Rsr-19$360,777
Middle East and North AfricaProgram ServicesStud Abr, Rsrch, Instr-23$185,295
Sub-Saharan AfricaGrantmaking---$178,230
Central America and the CaribbeanGrantmaking---$100,000
Sub-Saharan AfricaInvestments---$85,000
Russia and the Newly Independent StatesProgram ServicesRsrch, Instr, Lib-12$59,012
South AsiaProgram ServicesStud Abr, Rsrch, Instr-9$48,372
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,364,950
Fundraising Gross Income$709,830
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$4,145,970$421,390$166,582$254,808
Event 2$1,921,553$288,450$162,048$126,402
Total Events$6,067,523$709,840$1,364,960$-655,120
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Apple IncTrustee Is an OfficerIt VendorNo$1,000,376
Par 4 Technology Group EmcTrustee Is an OfficerIt VendorNo$920,488
Fidelity InvestmentsTrustee Is an OfficerInvestment FeesNo$819,296
Gamco InvestorsTrustee Offcr/trustee DirInvestment FeesNo$545,657
Clough Capital PartnersTrustee Is ChairInvestment FeesNo$470,527
US BankTrustee Is a DirectorPcard ServicesNo$456,368
Tcv PartnersTRUSTEE'S SPOUSE IS OFF.Investment FeesNo$294,439
State StreetTrustee Is an OfficerCustody/planned Giving FeesNo$222,903
Highbrook CapitalTrustee Is an OfficerInvestment FeesNo$175,000
Michael F MckenzieSon of OfficerEmployee at Boston CollegeNo$45,283

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$4,302,380$3,917,227▼ $385,153
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
US Government Loan Advances$35,831,772
Deposits Payable$13,894,239

Bond Issues

BondIssuerIssuedIssue PricePurpose
C04-34318142010-11-16$215,755,525SEE PART VI
A04-34318142007-07-26$180,931,618SEE PART VI
D04-34318142013-08-20$156,252,258SEE PART VI
B04-34318142009-05-21$104,818,300SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$215,832,146$105,487,563$15,850,000$1,163,025
A$183,728,858$79,680,210$0$958,893
D$156,252,472$95,575,242$0$676,551
B$104,968,137$27,234,805$14,885,000$583,495

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Governance, Management, and Disclosure

Section a - question 2 margot connell is the chairman of connell limited partners and robert morrissey sits on the board of directors. Mario gabelli is chairman of gamco investors, inc. And robert morrissey is a director for several gamco mutual funds. Both matthew botica and stephen murray serve on the board of the same publicly held corporation. William geary has investment relationships with charles clough, robert morrissey, john murphy and brien o'brien. Robert morrissey has investment relationships with charles clough and john connors. Peter markell, ralph de la torre and john fish have a business relationship. Joseph hooley, iii and john fish have a business relationship. Form 990, part vi, governance, management, and disclosure section b - question 11 working with pricewaterhousecoopers, llp, the form 990 is prepared. The full form 990 is then reviewed by senior management and the trustee finance and audit committee. The full board of trustees is provided a full copy of the final form 990 for review prior to filing with the irs. Pwc signs the return as paid preparer and electronically files the return with the irs. The return is then posted on the boston college website. Form 990, part vi, governance, management, and disclosure 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. Form 990, part vi, governance, management, and disclosure section b - policies, questions 15a & b boston college's president is a member 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 jesuit community. Total payments to the jesuit community in fy'14 were $5,704,803. For all other officers, trustees, and key employees, boston college has an executive compensation committee that annually reviews and approves the compensation of the organization's officers and key employees. The compensation committee considers market data and analyses. The committee's deliberations are reflected in its minutes. Form 990, part vi, governance, management, and disclosure 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. Form 990, part xi, line 9 post retirement medical (8,754,373).

Filing and Contact Details

Filer

EIN
04-2103545
In Care Of
% JOYCE KING
Phone
6175522481

Signing Officer

Name
Peter C Mckenzie
Title
Finance VP/Treasurer
Phone
6175522481
Signed
2015-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William P Leahy Sj
Formed
1864
Legal Domicile
Ma
Voting Board Members
54
Independent Board Members
44
Employees
11,855
Volunteers
1

Preparer

Preparer
Pricewaterhousecoopers Llp
Phone
6175522481
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 and Part III, Line 1

Strengthened by more than a century and a half 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.

Financial Statement Notes

Schedule D, Part X, Line 2

Boston college's financial statements did not include a fin 48 footnote. 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm22SUSAN MCMANAMA GIANINNO
IRS990/Form990PartVIISectionAGrp/PersonNm23JANICE GIPSON
IRS990/Form990PartVIISectionAGrp/PersonNm24KATHLEEN POWERS HALEY
IRS990/Form990PartVIISectionAGrp/PersonNm25CHRISTIAN WE HAUB
IRS990/Form990PartVIISectionAGrp/PersonNm26DANIEL S HENDRICKSON SJ
IRS990/Form990PartVIISectionAGrp/PersonNm27MICHAELA MURPHY HOAG
IRS990/Form990PartVIISectionAGrp/PersonNm28JOSEPH L HOOLEY III
IRS990/Form990PartVIISectionAGrp/PersonNm29T FRANK KENNEDY SJ
IRS990/Form990PartVIISectionAGrp/PersonNm30JOHN L LAMATTINA
IRS990/Form990PartVIISectionAGrp/PersonNm31WILLIAM P LEAHY SJ
IRS990/Form990PartVIISectionAGrp/PersonNm32PETER S LYNCH LLD
IRS990/Form990PartVIISectionAGrp/PersonNm33THOMAS J MALONEY
IRS990/Form990PartVIISectionAGrp/PersonNm34DOUGLAS W MARCOUILLER SJ
IRS990/Form990PartVIISectionAGrp/PersonNm35PETER K MARKELL
IRS990/Form990PartVIISectionAGrp/PersonNm36DAVID M MCAULIFFE
IRS990/Form990PartVIISectionAGrp/PersonNm37WILLIAM S MCKIERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm38ROBERT J MORRISSEY ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm39JOHN V MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm40STEPHEN P MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm41BRIEN M O'BRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm42DAVID P O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm43FRANK E PREVITE
IRS990/Form990PartVIISectionAGrp/PersonNm44NAVYN DATOO SALEM
IRS990/Form990PartVIISectionAGrp/PersonNm45REV NICHOLAS A SANNELLA
IRS990/Form990PartVIISectionAGrp/PersonNm46PHILLIP W SCHILLER
IRS990/Form990PartVIISectionAGrp/PersonNm47SUSAN MARTINELLI SHEA
IRS990/Form990PartVIISectionAGrp/PersonNm48MARIANNE D SHORT ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm49RALPH C STAYER
IRS990/Form990PartVIISectionAGrp/PersonNm50PATRICK T STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm51RALPH DE LA TORRE
IRS990/Form990PartVIISectionAGrp/PersonNm52ELIZABETH W VANDERSLICE
IRS990/Form990PartVIISectionAGrp/PersonNm53DAVID C WEINSTEIN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm54KELLI J ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm55DANIEL F BOURQUE
IRS990/Form990PartVIISectionAGrp/PersonNm56MICHAEL J BOURQUE
IRS990/Form990PartVIISectionAGrp/PersonNm57JOHN T BUTLER SJ
IRS990/Form990PartVIISectionAGrp/PersonNm58TERRENCE P DEVINO SJ
IRS990/Form990PartVIISectionAGrp/PersonNm59CUTBERTO GARZA
IRS990/Form990PartVIISectionAGrp/PersonNm60JAMES J HUSSON
IRS990/Form990PartVIISectionAGrp/PersonNm61BARBARA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm62THOMAS J KEADY
IRS990/Form990PartVIISectionAGrp/PersonNm63PATRICK J KEATING
IRS990/Form990PartVIISectionAGrp/PersonNm64THOMAS P LOCKERBY
IRS990/Form990PartVIISectionAGrp/PersonNm65JAMES P MCINTYRE
IRS990/Form990PartVIISectionAGrp/PersonNm66PETER C MCKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm67J DONALD MONAN SJ
IRS990/Form990PartVIISectionAGrp/PersonNm68WILLIAM B NEENAN SJ
IRS990/Form990PartVIISectionAGrp/PersonNm69JOSEPH F QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm70LEO V SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm71DAVID QUIGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm72STEPHEN R ADDAZIO
IRS990/Form990PartVIISectionAGrp/PersonNm73BRADLEY J BATES
IRS990/Form990PartVIISectionAGrp/PersonNm74STEPHEN C DONAHUE
IRS990/Form990PartVIISectionAGrp/PersonNm75HASSAN TEHRANIAN

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7,725$2,094$5,631$1,839$1,504$334
2024Detailed filing. Detailed filing data is available for this year.$6,915$1,762$5,153$1,638$1,412$227
2023Detailed filing. Detailed filing data is available for this year.$6,509$1,803$4,706$1,345$1,291$53.5
2022Detailed filing. Detailed filing data is available for this year.$6,546$1,831$4,716$1,638$1,224$415
2021Detailed filing. Detailed filing data is available for this year.$6,312$1,586$4,726$1,459$1,149$310
2020Detailed filing. Detailed filing data is available for this year.$5,202$1,626$3,576$1,223$1,109$114
2019Detailed filing. Detailed filing data is available for this year.$4,772$1,354$3,419$1,199$1,094$105
2018Detailed filing. Detailed filing data is available for this year.$4,852$1,392$3,460$1,164$1,051$113
2017Detailed filing. Detailed filing data is available for this year.$4,694$1,403$3,291$1,082$999$83.6
2016Detailed filing. Detailed filing data is available for this year.$4,204$1,192$3,011$1,090$963$127
2015Detailed filing. Detailed filing data is available for this year.$4,270$1,192$3,078$1,060$918$141
2014Detailed filing. Detailed filing data is available for this year.$4,099$1,209$2,890$969$880$88.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,637$967$2,669$915$837$78.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,395$996$2,399$805
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,487$1,012$2,475$794
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,093$906$2,187$775
Peer Organizations

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