Bay Path University

“The by-laws of the University were updated during March 2017 to change term limits for subsequent new board members from 15 years to 12 years. FORM 990, PART VI, SECTION B, LINE 11B Prior to the filing of the Form 990, a complete copy is reviewed by the Universitys Vice President for Finance & Administrative Services, as well as the Audit Committee of the Board of Trustees. A public disclosure copy is provided, via the Trustees internet portal, to all members of the Board of Trustees prior to the filing date. At the June meeting of the full Board of Trustees, the Audit Committee chairperson delivers a summary report of the Form 990.”

“In accordance with the Universitys Conflict of Interest Policy for Trustees, as contained in the Board of Trustees Bylaws, all trustees and officers are required to complete at least annually a Conflict of Interest Questionnaire and submit it to the Audit Committee of the Board of Trustees. Additionally, any potential conflict of interest which arises mid-term is required to be submitted to the Audit Committee at the earliest practical time. No trustee or officer shall vote or participate in any discussion on any matter under consideration at a Board or committee meeting, in which such trustee or officer has a conflict of interest. Any trustee or officer who is uncertain whether he/she has a conflict of interest may request the Audit Committee to make a determination in such regard, and the Audit Committee may seek an opinion from counsel for the University in such matter. The University also requires all employees to complete annually a Conflict of interest Disclosure Form and submit it to their respective divisional vice president for review. If an employee discloses active or intended participation in an activity that is a potential conflict of interest, the supervisor and divisional vice president will evaluate the disclosure to determine the appropriate action to be taken. The employee may be asked to discontinue participation in the activity if it is determined to be a conflict of interest.”

“The Compensation Sub-committee (Sub-committee) of the Executive Committee of the Board of Trustees has the responsibility for reviewing and recommending the University Presidents and Officers/Key Employees compensation to the Executive Committee. The Sub-committee considers comparative data from peer institutions, other womens colleges, and other colleges in Massachusetts in determining the amount of compensation. The Sub-committee also reviews accomplishments in comparison to planned goals and objectives. The Executive Committee, comprised of independent Board of Trustee members, approves the Presidents and Officers/Key Employees compensation.”

“The Universitys Form 990 and 990-T are available for public inspection at the office of the Vice President for Finance & Administrative Services upon written request. Additional, the Universitys Forms 990 and Massachusetts PC, as well as audited financial statements, are available on the website of the Massachusetts Attorney Generals office, Public Charities Division. Requests for copies of bylaws, conflict of interest policies, and financial statements are directed to the Vice President for Finance & Administrative Services for a response.”

“The Bay Path experience is nothing less than transformational. Our women-only undergraduate programs and our coeducational graduate programs are offered both on-campus and online, providing a flexible, 21st-Century education for learners at all stages of life and career. Bay Path students find a supportive and diverse community, close mentoring, and rigorous preparation for success in a complex and globally interdependent society. Students graduate with the applied knowledge, portable skillset, and confidence to thrive in their professions, identify and realize their dreams, and make a lasting difference in the world.”

“Raffle net income $ (6,295)”