Connecticut College

“Form 990 review process the tax return information is gathered from the finance office and used to populate the form 990 in conjunction with kpmg llp, independent tax consultant. Once completed, the draft form, including schedule b, along with a supporting memorandum, is reviewed by the audit committee of the board of trustees. The form 990 exclusive of schedule b, is then made available for review by the full board of trustees. Schedule b is available for review by the full board of trustees upon request. Following the review period the return is filed with the internal revenue service.”

“Conflict of interest policy all trustees shall disclose to the board any possible conflict of interest at the earliest practicable time. No trustee shall vote on any matter, under consideration at a board or committee meeting, in which such trustee has a conflict of interest. The minutes of such meeting shall reflect that a disclosure was made and a trustee who is uncertain whether a conflict of interest may exist in any matter may request the board or committee to resolve the questions by majority vote. Periodically, trustees will be asked to sign conflict of interest statements either assuring that they have no conflict of interest, or disclosing such conflict of interest as the case may be, as described in the connecticut college bylaws, article xv.”

“Compensation policy a committee on executive compensation consisting of the chair and vice chairs of the board is empowered to conduct the annual performance review of the president and to recommend to the full board the compensation of the president. This committee reviews the performance and approves the compensation of highly compensated employees at the college at the time of their hire and when significant increases in compensation are being contemplated. The committee's review of the compensation of the president and highly compensated employees meets the three requirements of the rebuttable presumption: compensation is set by the committee of the board of trustees, which is composed of individuals who do not have a conflict of interest regarding the transaction; prior to making its determination, the committee obtains and relies upon appropriate data as to comparability; and the committee adequately and contemporaneously documents the basis for making its determination.”

“Public disclosure the college's form 990, audited financial statements and governing documents are available upon request. The form 990 is also available online at www.guidestar.org.”

“Description of organization mission connecticut college values academic excellence, diversity, equity, shared governance, education of the entire person, adherence to common ethical and moral standards, community service and global citizenship and environmental stewardship.”

“Connecticut college's mission *academic excellence* rigorous academic standards, innovative and engaging faculty members, and a diverse classroom curriculum challenge students to reach their full intellectual potential. The college expects students to learn outside the classroom as well, through such activities as research, travel, and internships. The college facilitates those opportunities in the belief that a diversity of experience is essential for genuine academic scholarship, research, and creative work that advances human knowledge and expression and informs excellent teaching. *diversity, equity, and shared governance* in the early 20th century, connecticut college was founded in the belief that all qualified students-women as well as men-deserved an opportunity to secure an education. The college strives to be a community in which all members feel comfortable, respect each other's differences, and seek common ground. The college promotes understanding by offering a variety of academic and social experiences and is committed to building great access, opportunity, and equity. Students, faculty, staff, trustees and alumni all participate in the governance of the college. *education of the entire person* the college supports and nurtures the intellectual, emotional, spiritual, creative, and physical development of its student body. Connecticut college encourages students to engage in a wide range of activities, including academic pursuits, athletics and physical education, artistic expression, and community service. The college fosters an appreciation for the natural and aesthetic connectedness of the mind, body, and spirit. It prepares students to be responsible citizens, creative problem-solvers, and thoughtful leaders in a global society. *adherence to common ethical and moral standards* connecticut college maintains a strong commitment to its long-standing honor code. Students are expected to monitor their own faithfulness to the principles of honesty and moral integrity and to display courage in academic and social interactions. The principles of justice, impartiality and fairness-the foundations for equity-are paramount. *community service and global citizenship* connecticut college fosters civic responsibility and enhances academic excellence through a long tradition of community involvement and through courses that provide opportunities for service. The college promotes an understanding of local, regional, national, and international peoples, groups, cultures, and issues, and encourages students to take life-long interest in them. *environmental stewardship* connecticut college is proud of its pioneering tradition of ecological awareness and responsibility and intends to remain a leader in safeguarding the environment. The arboretum campus is an ecological showpiece, and the college's procedures and programs aim to preserve and protect the environment, both locally and globally, and to prepare citizens sensitive to the need for responsible environmental stewardship.”

“Other program services other program service expenses include alumni and reunion, federal and state grant expenses, chefa amortization interest and fees, physical plant costs, depreciation, and administrative computing costs. Expenses $ 5,595,000 including grants of $ 130,000. Revenue $2,627,000.”

“Other changes in net assets change in split interest agreements $ 1,442,000”