Colgate University Alumni Corporation

“All persons who have completed satisfactorily at least one (1) semester at colgate and whose classes have graduated are members of the corporation.”

“Members of the corporation are eligible to serve on the corporation's governing body, known as the alumni council, and are able to vote for members of the alumni council. Each year, the alumni council's nominations committee selects a slate of nominees for nine open positions on the alumni council, using the following criteria: (1) breadth of colgate volunteer experience, with a particular eye toward demonstrated leadership; (2) consistent participation in colgate's fundraising programs; (3) diversity of talent and perspective, including occupation, community service, gender, race, and geography; (4) evidence of time and service to the world beyond colgate. Those nominees are voted on by the full alumni council in the fall of each year and announced in the winter issue of the colgate scene. At that time, any alumnus/alumna who has not been nominated can gather 75 members' signatures and run as a petition candidate. The election culminates at the corporation's annual meeting: if there are no petition candidates, an unanimous ballot is cast for the alumni council-nominated candidates; if there are petition candidates, the members of the corporation are asked to vote. In addition to the foregoing, the alumni council elects the corporation's president, vice president, executive secretary, legal counsel, treasurer, and chair of diversity, equity, and inclusion. They also elect any regional director vacancies.”

“Colgate university management works together with its tax consultants to gather the required information necessary to prepare a draft of the 990. Once a draft is completed, it is then reviewed by certain members of the board, management, and the tax consultants. Once the review is completed and edits are made, a complete copy of the organization's final form 990 (including all required schedules), as ultimately filed with the irs, is made available to each person who was a voting member of the governing body at the time the form 990 was provided before its filing with the irs. The 990 is then made available to the public upon request.”

“The colgate university alumni corporation does not have a written conflict of interest policy but follows the conflict of interest policy of colgate university. In accordance with the instructions to the form 990, the colgate university alumni corporation marked "no" to part vi, section b, question 12a. Form 990, part vi, section b, line 12c: each officer and board member of the colgate university alumni corporation is required to disclose annually, in writing, (a) any financial or business relationship that he or she, or any family member, has with colgate university or any affiliated organization or (b) other personal, family, financial or business relationships that otherwise could be construed to affect the independent, unbiased judgement of such officer or board member in light of his or her decision-making authority or responsiblities for the colgate university alumni corporation. The disclosure statements are submitted to the colgate university accounting office for review. A report is made to the president of the alumni corporation of any possible conflict of interest identified, for subsequent discussion and resolution by the executive committee.”

“The colgate university alumni corporation does not have stand alone audited financial statements, but is included in colgate university's financial reporting. The colgate university alumni corporation provides access to, upon request, its governing documents.”

“The colgate university alumni corporation does not have a written whistleblower policy but follows the whistleblower policy of colgate university. In accordance with the instructions to the form 990, the colgate university alumni corporation marked "no" to part vi, section b, question 13.”

“The primary mission of the colgate university alumni corporation, as stated on their website, is to "promote enduring alumni engagement and service that supports and advances colgate university and its global community".”