The Colorado College

“The executive committee consists of the chair, vice chair, and secretary of the board, plus the chairperson of each other standing committee. The executive committee governs the college during any period between meetings of the board of trustees, but only when urgent circumstances require prompt action and it is not feasible to convene a meeting of the full board by acceptable means as provided in the college's bylaws. The executive committee may exercise all the powers of the board, except that it may not elect the president of the college or remove him or her from office; change the fixed policy of the board; amend or suspend the bylaws; approve the annual budget; approve the annual audit; sell, mortgage or otherwise hypothecate the assets of the college except in the normal course of business; or overrule any action of the board without the express approval of the board. The executive committee is also responsible for periodic review of the president's performance of his or her responsibilities.”

“Alumni trustees are elected by alumni at large and approved by the board of trustees for non-renewable terms of six years from among those alumni of the college nominated by the alumni association board (aab). The president of the college and the president of the aab serve as voting members of the board during their terms in office. The immediate past president of the aab serves as a voting member of the board for a term of two years. In the case of a vacancy in an alumni trustee position, the aab may select a successor for the unexpired portion of the term of the alumni trustee whose position is vacant, subject to approval by the board of trustees.”

“The form 990 is prepared by a third party preparer, with a detail review being done by the tax and compliance manager, associate vice president of finance, and senior vice president of finance and administration of colorado college. The form 990 is then presented to the audit committee where they approve the draft to file with the irs. Once approved by the audit committee, the final form 990 is made available to the entire board before filing the return with the irs.”

“The avp of institutional planning & effectiveness is charged with primary responsibility for monitoring and enforcing the conflict of interest policy, and is assisted by the president, and the senior vice president for finance and administration. The current policy, adopted by the board of trustees in may of 2013, requires that a detailed annual disclosure form be signed and submitted by all members of the trustees, the president, all officers of the college, members of the president's cabinet (persons reporting to the president), all persons reporting to a member of the president's cabinet, and any other person at the college whose responsibilities include significant purchasing decisions or the selection of vendors at colorado college. All disclosures are reviewed by the avp of institutional planning & effectiveness for materiality. Any disclosure that raises a material conflict of interest, or the appearance of such, is reviewed by the avp of institutional planning & effectiveness, and/or the president, the chair of the board, or the audit committee, depending on the role of the person involved and the nature of the potential conflict. If a conflict of interest is determined to exist, the person is required to recuse themselves from any deliberations and any decisions regarding the affected transaction.”

“The office of human resources conducts an annual review of salary data based of comparable positions in the market, with special emphasis on higher education and fifteen peer institutions. This data is shared with the board of trustees via the senior vice president for finance and administration. When the president was initially hired, the board of trustees engaged an outside consultant to conduct a salary review. Annually, an e-mail is sent by the board president to the senior vice president of finance & administration who implements the agreed upon salary adjustments and or bonus. The last year this process was performed was 2018. The office of human resources conducts an annual review of salary data of comparable positions in the market that includes attention on higher education and fifteen peer institutions.these results are reviewed with cabinet members to ensure the accuracy in market matches and then used to develop a recommendation and presented to the president of the college and the senior vice president for finance and administration for approval. The last year this process was performed was 2018.”

“Colorado college makes its governing documents available to the public upon request for a valid business purpose. Other governing documents are also available on the college's website.”

“Colorado college does not have a formal whistleblower policy, however the college does provide an ombuds office as a confidential resource for faculty and staff which offers an informal and safe environment for discussion. The ombuds person completes the foundation of ombuds three day course taught by the international ombudsman association, as well as courses in mediation training and conflict coaching. The college's ombuds person is a confidential resource for faculty and staff that is independent of any office on campus. Additionally, the ombuds person is an informal resource and a neutral party that does not represent the college nor the visitor. The ombuds person reports directly to the executive committee of the board.”

“At colorado college our goal is to provide the finest liberal arts education in the country. Drawing upon the adventurous spirit of the rocky mountain west, we challenge students, one course at a time, to develop those habits of intellect and imagination that will prepare them for learning and leadership throughout their lives. Colorado college succeeds in its mission of educating for our time when it graduates women and men with mental agility and the skills of critical judgment, persons who have learned how to learn. Taking advantage of small classes and the unique learning opportunities of the block plan, colorado college provides a variety of stimulating environments for intellectual development, creative expression, and personal growth. In the studio and on the stage, in classroom and library and laboratory, in residence halls and on playing fields, in the local community and in foreign countries, the college confronts students with unfamiliar perspectives and new possibilities of thought and action. We explore with them the complexities of the natural world, the achievements of the human past, and the urgent social and moral issues of the present. We teach them how to recognize relevant evidence in various fields of inquiry and how to weigh that evidence. We press them to read carefully, think critically, reflect thoughtfully, and express their ideas effectively, with precision and grace. We encourage their personal quest for a worthy vision that can inspire both action and hope and will enable them to help create a more humane world. Colorado college is distinctive in its conviction that active learning happens best when students pursue a single subject of study for several weeks in small classes in which no ticking clock can interrupt the animated exchange of ideas. We are confident that the learning opportunities made possible by our distinctive curricular system foster a kind of intellectual engagement that will continue to enrich the lives of colorado college graduates as they become leaders in their professions and communities.”

“Change in value of split interest agreement 796,372.”