Form990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2011
Open to Public Inspection
A For the calendar year, or tax year beginning 07-01-2011 and ending 06-30-2012
BCheck if applicable:
CName of organization
College of the Holy Cross
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1 College Street
 
Room/suite
City or town, state or country, and ZIP + 4
Worcester, MA016102395
D Employer identification number

04-2103558
E Telephone number

G Gross receipts $ 335,399,040
F Name and address of principal officer:
Philip Boroughs SJ
1 College Street
Worcester,MA016102395
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
holycross.edu
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1905
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: Holy Cross is a private, Jesuit liberal arts college dedicated to the pursuit of excellence in teaching, learning, service of faith and promotion of justice.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a)..... 3 34
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 32
5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) ... 5 3,288
6 Total number of volunteers (estimate if necessary) .... 6 250
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 886,699
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b -560,175
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 16,812,852 29,655,695
9 Program service revenue (Part VIII, line 2g) ......... 153,901,056 159,929,659
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 38,476,299 27,660,521
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 281,598 180,791
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 209,471,805 217,426,666
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 38,103,566 41,946,402
14 Benefits paid to or for members (Part IX, column (A), line 4).....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 87,262,759 88,874,169
16a Professional fundraising fees (Part IX, column (A), line 11e).....   0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet6,753,416    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 57,689,058 59,051,143
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 183,055,383 189,871,714
19 Revenue less expenses. Subtract line 18 from line 12....... 26,416,422 27,554,952
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 883,508,989 870,449,505
21 Total liabilities (Part X, line 26)............. 211,220,493 214,592,529
22 Net assets or fund balances. Subtract line 21 from line 20..... 672,288,496 655,856,976
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid preparer use only
Print/type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name Right pointing arrowhead image

Firm's EIN Right pointing arrowhead image
Firm's address Right pointing arrowhead image



Phone no.
May the IRS discuss this return with the preparer shown above? See instructions .........bullet
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2011)
Form 990 (2011)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III .........
1
Briefly describe the organization’s mission: THE COLLEGE IS DEDICATED TO FORMING A COMMUNITY WHICH SUPPORTS THE INTELLECTUAL GROWTH OF ALL ITS MEMBERS WHILE OFFERING OPPORTUNITIES FOR SPIRITUAL AND MORAL DEVELOPMENT. SEE SCH O.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 152,212,960 including grants of $ 41,946,402 ) (Revenue $ 144,064,341 )
THE COLLEGE IS A COMMUNITY OF 2,891 FULL TIME STUDENTS FOR THE FALL 2012 SEMESTER. THE STUDENT POPULATION IS 47 MEN AND 53 WOMEN, 23 OF THE CLASS OF 2015 ARE OF AFRICAN, LATIN, ASIAN OR NATIVE AMERICAN HERITAGE. IN 2011-2012 THERE WERE 692 INDIVIDUALS WHO COMPLETED THEIR MATRICULATION AND RECEIVED AN A.B. DEGREE. FINANCIAL ASSISTANCE WAS PROVIDED TO 1,750 STUDENTS. THE COLLEGE ADMITS QUALIFIED STUDENTS BASED ON THEIR APPLICATION, HIGH SCHOOL REPORT, AND TEACHER REFERENCES. THE COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, SEX, AGE OR HANDICAP IN ITS EDUCATIONAL, ADMISSIONS OR FINANCIAL AID POLICIES OR PROGRAMS. SEE SCH O.
4b (Code:   ) (Expenses $ 16,912,551 including grants of $   ) (Revenue $ 16,007,149 )
BASIC RESEARCH IN CHEMISTRY, PHYSICS, PSYCHOLOGY AND BIOLOGY. THE MAJORITY OF THE RESEARCH IS FUNDED BY PRIVATE GRANTS FROM FOUNDATIONS AND THE BALANCE OF THE FUNDING IS PROVIDED BY THE U.S. GOVERNMENT. SEE SCH O.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$ 169,125,511
Form 990 (2011)
Form 990 (2011)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part IIClick to see attachment.........................
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part I....................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
Yes
 
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II.......... Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
If “Yes” to line 20a, did the organization attach a copy of its audited financial statement to this return? Note. All Form 990 filers that operated one or more hospitals must attach audited financial statements.
20b
 
 
Form 990 (2011)
Form 990 (2011)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II.........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III......... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV.. Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule MClick to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2011)
Form 990 (2011)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V .........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
4,349
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
3,288
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletGK
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2011)
Form 990 (2011)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI .........
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
If the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
1a
34
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
32
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? .................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ............
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ..........
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? ....
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Did the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Were officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done ....................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes," to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
No
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
NH , MA , CA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
Charles F Estaphan
1 College Street
Worcester,MA016102395
(508) 793-2514
Form 990 (2011)
Form 990 (2011)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII .........
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Philip L Boroughs SJ from 1112 - pr
President
 45.00 X   X       0 0 0
(2) Michael Lochhead
VP Treasurer
 45.00     X       275,568 0 59,354
(3) William Durgin
Chief Invest Officer
 45.00           X 610,326 0 16,794
(4) Michael Perry
VP Development
 45.00           X 129,138 0 11,045
(5) Jacqueline Peterson
Dean of Students
 45.00     X       168,970 0 43,151
(6) Frank Vellaccio
Sr. VP
 45.00     X       262,096 0 68,782
(7) Timothy Mines
Secretary, Gen Counsel
 45.00     X       155,360 0 28,141
(8) Timothy Austin
Dean
 45.00     X       225,820 0 24,149
(9) Timothy Jarry
Chief Invest Officer
 45.00     X       274,614 0 49,291
(10) Kevin T FitzGerald
Trustee
 5.00 X           0 0 0
(11) Ronald Amiot SJ
Trustee
 5.00 X           0 0 0
(12) Robert Atchinson
Trustee
 5.00 X           0 0 0
(13) Susan F Feitelberg
Trustee
 5.00 X           0 0 0
(14) Ann M Fink
Trustee
 5.00 X           0 0 0
(15) Thomas H Carey
Trustee
 5.00 X           0 0 0
(16) Mark S Massa SJ
Trustee
 5.00 X           0 0 0
(17) Michael E Daniels
Trustee
 5.00 X           0 0 0
Form 990 (2011)
Form 990 (2011)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) William M Doran Jr
Trustee
 5.00 X           0 0 0
(19) Robert S Morrison
Trustee
 5.00 X           0 0 0
(20) James J Collins
Trustee
 5.00 X           0 0 0
(21) John B Fisher
Trustee
 5.00 X           0 0 0
(22) Maria Eugenia Ferre Rangel
Trustee
 5.00 X           0 0 0
(23) Joan Hogan Gillman
Trustee
 5.00 X           0 0 0
(24) David J Grain
Trustee
 5.00 X           0 0 0
(25) Yachira Torres
Trustee
 5.00 X           0 0 0
(26) Mark G Holowesko
 
Trustee
 5.00 X           0 0 0
(27) Kathleen McLaughlin LaCroix
Trustee
 5.00 X           0 0 0
(28) P Kevin Condron
Trustee
 5.00 X           0 0 0
(29) Brian F Linnane SJ
Trustee
 5.00 X           0 0 0
(30) Edward J Ludwig
Trustee
 5.00 X           0 0 0
(31) John E Luth
Trustee
 5.00 X           0 0 0
(32) John J Mahoney Jr
Trustee
 5.00 X           0 0 0
(33) Peter Spadoni
Trustee
 5.00 X           0 0 0
(34) William J Teuber
Trustee
 5.00 X           0 0 0
(35) Bernadette M Semple
Trustee
 5.00 X           0 0 0
(36) Richard H Patterson
Trustee
 5.00 X           0 0 0
(37) Park B Smith
Trustee
 5.00 X           0 0 0
(38) David A Spina
Trustee
 5.00 X           0 0 0
(39) Nancy M Taylor
Trustee
 5.00 X           0 0 0
(40) Donna M Winn
Trustee
 5.00 X           0 0 0
(41) Mary Murphy Westover
Trustee
 5.00 X           0 0 0
(42) Richard Regan Jr
Athletic Director
 45.00       X     193,114 0 42,217
(43) Thomas Gilmore
Football Coach
 40.00         X   183,115 0 46,544
(44) Mary Lee Ledbetter
Professor
 40.00         X   181,844 0 44,003
(45) Milan Brown
Basketball Coach
 40.00         X   349,516 0 49,290
(46) Robert Grenon
Controller
 40.00           X 354,484 0 1,500
(47) Sean Kearney
Baskeball Coach
 40.00           X 259,967 0 21,137
(48) Dorothy Hauver
Assistant Treasurer
 45.00     X       110,158 0 14,387
(49) David Hummon
Professor
 40.00         X   248,809 0 28,378
(50) Alan Avery-Peck
Professor
 40.00         X   180,764 0 26,977
(51) John Baldovin SJ
Trustee
 5.00 X           0 0 0
(52) Paul Harman SJ
VP of Mission
 45.00     X       0 0 0
(53) Michael C McFarland SJ through 1231
President
 45.00 X   X       0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 4,163,663   575,140
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet74
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Sasaki Associates Inc
64 Pleasant Street
Watertown,MA02472 		Architect 1,109,909
Fox Bus Lines Inc
3 Silver Fox Drive
Millbury,MA01527 		Transportation Services 351,390
Ebsco Information Services
Post Office Box 1943
Birmingham,AL35207 		Information Svcs Mgmt 339,108
KPMG LLP
Two Financial Center 60 South St
Boston,MA02111 		Audit and Tax Services 302,800
Albourne America LLC
655 Montgomery Street
San Francisco,CA94111 		Consulting 240,000
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet17
Form 990 (2011)
Form 990 (2011)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, Gifts, Grants and Other Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 337,323
d Related organizations...1d  
e Government grants (contributions)1e 3,054,448
f All other contributions, gifts, grants, and
similar amounts not included above1f 		26,263,924
g Noncash contributions included in lines 1a-1f:$ 735,524
h Total. Add lines 1a-1f.......MediumBullet 29,655,695
Program Service Revenue Business Code
2a Tuition and fees 611,600 119,779,471 119,779,471    
b Room and board 611,710 27,644,107 27,644,107    
c Sales of auxiliary services 722,320 5,164,136   1,368,721 3,795,415
d Athletics 611,710 1,708,214 1,708,214    
e Grants and student aid revenue 611,710 3,073,423 3,073,423    
f All other program service revenue . 2,560,308 2,560,308    
g Total. Add lines 2a–2f........MediumBullet 159,929,659
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 5,263,789   -506,128 5,769,917
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross rents 156,115  
b Less: rental expenses    
c Rental income or (loss) 156,115  
d Net rental income or (loss).......MediumBullet 156,115     156,115
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 140,201,777  
b Less: cost or other basis and sales expenses 117,805,045  
c Gain or (loss) 22,396,732  
d Net gain or (loss)..........MediumBullet 22,396,732     22,396,732
8a Gross income from fundraising events (not including
$ 337,323
of contributions reported on line 1c). See Part IV, line 18 ...
a 50,174
b Less: direct expenses ...b 167,329
c Net income or (loss) from fundraising events..MediumBullet -117,155   -117,155
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a Other income 900,099 141,831 117,725 24,106  
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 141,831
12 Total revenue. See Instructions....MediumBullet 217,426,666 154,883,248 886,699 32,001,024
Form 990 (2011)
Form 990 (2011)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Check if Schedule O contains a response to any question in this Part IX. .........
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 540,000 540,000
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 40,251,777 40,251,777
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 1,154,625 1,154,625
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 2,425,342 496,176 1,408,782 520,384
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 62,897,065 54,532,975 5,572,032 2,792,058
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 5,963,597 4,835,063 859,684 268,850
9 Other employee benefits ....... 12,992,211 12,026,184 272,140 693,887
10 Payroll taxes ........... 4,595,954 3,726,229 662,531 207,194
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 309,807   287,766 22,041
c Accounting ........... 302,800   302,800  
d Lobbying ........... 0      
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ...... 1,369,843   1,369,843  
g Other .......... 3,308,183 1,592,218 1,214,285 501,680
12 Advertising and promotion .... 90,584 55,024 34,034 1,526
13 Office expenses ....... 7,502,494 5,810,397 597,786 1,094,311
14 Information technology ...... 1,800,519 1,094,431 769,163 -63,075
15 Royalties .. 0      
16 Occupancy ........... 7,878,757 7,138,247 639,528 100,982
17 Travel ............ 3,566,454 3,110,833 269,010 186,611
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 535,391 480,780 45,815 8,796
20 Interest ........... 6,974,701 6,974,701    
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 12,750,077 10,559,176 2,190,901  
23 Insurance .............. 918,397 54,725 844,117 19,555
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24f. If line 24f amount exceeds 10% of line 25, column (A) amount, list line 24f expenses on Schedule O.)
a Study abroad program 3,903,092 3,903,092    
b Food and functions 4,640,984 3,772,327 347,730 520,927
c Bad debt 87,300 118,132 -38,332 7,500
d Cost of good sold 1,930,811 1,930,811    
e
f All other expenses 1,180,949 4,967,588 -3,656,828 -129,811
25 Total functional expenses. Add lines 1 through 24f 189,871,714 169,125,511 13,992,787 6,753,416
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2011)
Form 990 (2011)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 12,265 1 12,265
2 Savings and temporary cash investments ....... 41,507,808 2 40,573,044
3 Pledges and grants receivable, net ......... 6,553,077 3 13,311,931
4 Accounts receivable, net ......... 399,055 4 557,089
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net ............. 7,293,147 7 7,023,285
8 Inventories for sale or use .............. 583,592 8 566,669
9 Prepaid expenses and deferred charges ............ 2,234,457 9 2,183,761
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 402,736,675
b Less: accumulated depreciation. ..... 10b 194,554,029 208,372,466 10c 208,182,646
11 Investments—publicly traded securities .......... 209,977,331 11 189,980,282
12 Investments—other securities. See Part IV, line 11 ...... 406,574,052 12 408,051,280
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 1,739 15 7,253
16 Total assets. Add lines 1 through 15 (must equal line 34)... 883,508,989 16 870,449,505
Liabilities 17 Accounts payable and accrued expenses . 25,314,707 17 29,966,986
18 Grants payable ..........   18  
19 Deferred revenue .......... 5,309,875 19 4,613,523
20 Tax-exempt bond liabilities .......... 162,560,255 20 156,914,772
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 1,151,328 21 1,062,055
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D..... 16,884,328 25 22,035,193
26 Total liabilities. Add lines 17 through 25..... 211,220,493 26 214,592,529
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 341,610,786 27 325,311,694
28 Temporarily restricted net assets ..... 177,385,344 28 172,382,402
29 Permanently restricted net assets ..... 153,292,366 29 158,162,880
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 672,288,496 33 655,856,976
34 Total liabilities and net assets/fund balances ..... 883,508,989 34 870,449,505
Form 990 (2011)
Form 990 (2011)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI .........
1
Total revenue (must equal Part VIII, column (A), line 12) ...
1
217,426,666
2
Total expenses (must equal Part IX, column (A), line 25) ....
2
189,871,714
3
Revenue less expenses. Subtract line 2 from line 1 ...
3
27,554,952
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
672,288,496
5
Other changes in net assets or fund balances (explain in Schedule O) ...
5
-43,986,472
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) ....
6
655,856,976
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII .........
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?....
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. ...........................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
Yes
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
Yes
 
Form 990 (2011)
Additional Data


Software ID: 11000218
Software Version: 2011.0.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3..            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public Support. Subtract line 5 from line 4.            
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
Section C. Computation of Public Support Percentage
14
14
0 %
15
15
 
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
0 %
16
16
 
Section D. Computation of Investment Income Percentage
17
17
0 %
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2011
Name of organization
College of the Holy Cross
 
Employer identification number

04-2103558
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
College of the Holy Cross
  		Employer identification number

04-2103558
Part I
Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
College of the Holy Cross
  		Employer identification number

04-2103558
Part II
Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions). 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 4
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Name of organization
College of the Holy Cross
  		Employer identification number

04-2103558
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
Use duplicate copies of Part III if additional space is needed
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data


Software ID: 11000218
Software Version: 2011.0.0
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.
SchCMd Bullet Attach to Form 990 or Form 990-EZ. SchCMd Bullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
If the organization answered “Yes” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c) except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2011

Schedule C (Form 990 or 990-EZ) 2011
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check expenses, and share of excess lobbying expenditures).
B Check
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
  If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:    
  Not over $500,00020% of the amount on line 1e.    
  Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.    
  Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.    
  Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.    
  Over $17,000,000$1,000,000.    
       
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
  Calendar year (or fiscal year
beginning in) 		(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) Total
             
2a Lobbying non-taxable amount 1,000,000   1,000,000   2,000,000
             
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		        3,000,000
             
c Total lobbying expenditures 72,866   902   73,768
             
d Grassroots nontaxable amount 250,000       250,000
             
e Grassroots ceiling amount
(150% of line 2d, column (e))		         375,000
             
f Grassroots lobbying expenditures     902   902
Schedule C (Form 990 or 990-EZ) 2011


Schedule C (Form 990 or 990-EZ) 2011
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each “Yes” response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes
No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
 
 
c
Media advertisements? ....................................
 
 
 
d
Mailings to members, legislators, or the public? .........................
 
 
 
e
Publications, or published or broadcast statements? .......................
 
 
 
f
Grants to other organizations for lobbying purposes? .......................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
 
 
i
Other activities? ..........................
 
 
 
j
Total. Add lines 1c through 1i ...............................
 
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2 are answered “No” OR (b) Part III-A, line 3 is answered “Yes”.
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ...........................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, Part II-A; line 5; and Part ll-B, line 1.
Also, complete this part for any additional information.
Identifier Return Reference Explanation
II-A   DURING THE YEAR THE COLLEGE DID NOT ENGAGE IN ANY LOBBYING TO INFLUENCE A LEGISLATIVE BODY. THE COLLEGE HAS AN EMPLOYEE THAT IS A REGISTERED LOBBYIST WHO DID NOT PARTICIPATE IN ANY LOBBYING ACTIVITY DURING THE YEAR ENDED JUNE 30, 2012.
II-A   THE COLLEGE PAYS DUES TO SOME EDUCATIONAL ASSOCIATIONS. A PORTION OF THESE DUES MAY OR MAY NOT BE ATTRIBUTABLE TO LOBBYING ON BEHALF OF THE ASSOCIATIONS MEMBERS. THE COLLEGE IS UNABLE TO DETERMINE WHAT PORTION OF THESE DUES, IF ANY, IS RELATED TO LOBBYING.
Schedule C (Form 990 or 990EZ) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet1
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $ 833,905
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958), relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 607,712,688 522,493,344 492,679,761 617,249,034
b Contributions ........ 6,853,564 8,654,234 4,789,778 15,989,246
c Net investment earnings, gains, and losses ... -831,072 100,650,889 48,461,840 -116,117,375
d Grants or scholarships ..... 5,509,500 5,436,053 4,669,581 5,141,085
e Other expenditures for facilities
and programs ........ 		15,738,086 16,230,869 16,081,612 15,739,660
f Administrative expenses .... 2,718,206 2,418,857 2,686,842 3,560,399
g End of year balance ...... 589,769,388 607,712,688 522,493,344 492,679,761
2
Provide the estimated percentage of the year end balance (line 1g) held as:
a
Board designated or quasi-endowment SchDMd Bullet50.000 %
b
Permanent endowment SchDMd Bullet50.000 %
c
Temporarily restricted endowment SchDMd Bullet  
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   3,738,759 3,738,759
b Buildings ................   305,380,502 133,620,008 171,760,494
c Leasehold improvements ............        
d Equipment ................   52,223,769 42,892,863 9,330,906
e Other .................   41,393,645 18,041,158 23,352,487
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 208,182,646
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) Hedge funds 		218,529,448 F

(B) Private equity 		135,203,292 F

(C) Real assets 		53,125,385 F

(D) Other investments 		1,193,155 F





Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 408,051,280
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Book value
Federal Income Taxes  
Other Liabilities 22,035,193








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 22,035,193
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 217,426,666
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 189,871,714
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 27,554,952
4 Net unrealized gains (losses) on investments .......................... 4 -28,270,990
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV.) ................................. 8 -15,715,482
9 Total adjustments (net). Add lines 4 through 8 ......................... 9 -43,986,472
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -16,431,520
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 132,040,028
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a -28,270,990
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV.) ............ 2d -12,420,000
e Add lines 2a through 2d ..................... 2e -40,690,990
3 Subtract line 2e from line 1..................... 3 172,731,018
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 2,245,619
b Other (Describe in Part XIV.) ........... 4b 42,450,029
c Add lines 4a and 4b....................... 4c 44,695,648
5 Total Revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 217,426,666
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 148,471,548
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV.) ............ 2d 3,292,223
e Add lines 2a through 2d...................... 2e 3,292,223
3 Subtract line 2e from line 1..................... 3 145,179,325
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 2,245,619
b Other (Describe in Part XIV.) ............ 4b 42,446,770
c Add lines 4a and 4b....................... 4c 44,692,389
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 189,871,714
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
II 9 THE COLLEGE HAS NOT RECEIVED ANY GIFT OF PROPERTY SUBJECT TO A CONSERVATION EASEMENT AND THEREFORE DOES NOT REPORT A CONSERVATION EASEMENT IN ITS REVENUE AND EXPENSE STATEMENT OR BALANCE SHEET. TWO OF THE COLLEGES BUILDINGS THAT ARE USED FOR ACADEMIC AND ADMINISTRATIVE PURPOSES WERE BUILT IN THE LATE 1800S AND ARE INCLUDED ON THE HISTORIC REGISTER.
II 9 THESE BUILDINGS ARE THEREFORE SUBJECT TO RESTRICTIONS REGARDING THEIR PRESERVATION. THE COLLEGES POLICY IS TO MAINTAIN ALL CAMPUS PROPERTY IN A GOOD AND SOUND STATE OF REPAIR, AT A LEVEL SO AS TO PREVENT DETERIORATION AND PRESERVE THE ARCHITECTURAL AND HISTORICAL INTEGRITY OF CAMPUS BUILDINGS AND GROUNDS IN WAYS THAT MAKE THE CAMPUS ELIGIBLE FOR LISTING IN THE NATIONAL REGISTER OF HISTORIC PLACES.
III 4 THROUGH BOTH CONTEMPORARY AND HISTORICAL EXHIBITIONS, THE IRIS AND B. GERALD CANTOR ART GALLERY AT HOLY CROSS EDUCATES THE COLLEGE AND WORCESTER COMMUNITIES ABOUT THE FUNDAMENTAL INTELLECTUAL, CULTURAL, SPIRITUAL, AND AESTHETIC ISSUES ENCOUNTERED THROUGH VISUAL ART. OPEN FREE TO THE PUBLIC, THE GALLERY SEEKS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE THROUGH THE PRESENTATION AND DISCUSSION OF A DIVERSITY OF VISUAL ARTS. THE GALLERY HAS SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ARTS VALUES OF THE COLLEGE AND THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM AND COMMUNITY.
IV 2B AGENCY FUNDS ARE HELD BY THE COLLEGE AS CUSTODIAN OR FISCAL AGENT. FUNDS MAY BE HELD FOR RECOGNIZED FACULTY, STAFF, STUDENT OR ALUMNI ORGANIZATIONS THAT ARE COLLECTED FROM ACTIVITY FEES, DUES OR FUNDRAISING. THE FUNDS ARE DEPOSITED WITH THE COLLEGE FOR SAFEKEEPING TO BE USED OR WITHDRAWN BY THE DEPOSITOR UPON PROPER AUTHORIZATION AND DOCUMENTATION. EXPENDITURES FROM THE FUNDS ARE USED PRIMARILY TO FUND STUDENT ACTIVITIES, TRIPS AND PROJECTS OF INTEREST TO THE STUDENTS OR TO SUPPORT COLLEGE
IV 2B PROGRAMS. EACH AGENCY FUND IS PROVIDED A UNIQUE COST CENTER ESTABLISHED IN THE COLLEGES FINANCIAL RECORDS. THESE COST CENTERS PROVIDE A SAFE, SECURE, AND CONVENIENT METHOD OF ACCOUNTING FOR AND ADMINSTERING THESE FUNDS. ALL CUSTODIAL FUNDS FOLLOW THE EXPENDITURE POLICIES AND PROCEDURES OUTLINED BY THE COLLEGE.
IV 4 THE COLLEGES ENDOWMENT CONSISTS OF APPROXIMATELY 800 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PUROPESE INCLUDING DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGES ENDOWMENT FUND SUPPORTS THE FOLLOWING AREAS FINANCIAL AID FOR STUDENTS ATTENDING THE COLLEGE, TEACHING, ACADEMIC SUPPORT, STUDENT SERVICES AND ATHLETIC PROGRAMS.
IV 4 THE COLLEGE ENDOWMENT INCLUDES MANY INDIVIDUAL FUNDS THAT ARE RESTRICTED TOS UPPORT STUDENT FINANCIAL AID MAKING A COLLEGE EDUCATION AFFORDABLE TO THOSE WHO HAVE DEMONSTRATED NEED. FACULTY CHAIRS OR PROFESSORSHIPS ARE ANOTHER LEADING PURPOSE FOR WHICH INDIVUAL ENDOWMENT FUNDS ARE DEDICATED. LIKE ENDOWMENT FUNDS FOR STUDENT SCHOLARSHIPS, INVESTMENT INCOME EARNED BY FACULTY ENDOWMENT FUNDS IS USED TO FUND A PROFESSORS SALARY. ENDOWED PROFESSORSHIPS ARE OFTEN AWARDED TO LEADING SCIENTISTS AND
IV 4 SCHOLARS WHO ARE CONTRIBUTIING SIGNIFICANTLY TO TEACHING AND THEIR RESPECTIVE DISCIPLINES. ANOTHER PURPOSE FOR WHICH ENDOWMENT FUNDS ARE RESTRICTED IS SCIENTIFIC AND SCHOLARLY RESEARCH. THE COLLEGE IS INCREASINGLY RELYING ON ITS OWN RESOURCES TO ASSIST NEW FACULTY IN DEVELOPING THEIR RESEARCH PROGRAMS BECAUSE FEDERAL FUNDS HAVE LAGGED. THE COLLEGE HAS RECEIVED MANY GIFTS TO CONSTRUCT AND SUSTAIN NEW SCIENTIFIC OR OTHER ACADEMIC FACILITIES AND ENDOWMENT SUPPORT IS PARTICULARLY IMPORTANT FOR
V 4 THE SUPPORT OF PROGRAMS HOUSED IN THOSE ACADEMIC FACILITIES. THE ENDOWMENT ALSO PROVIDES FUNDING FOR THE COLLEGES LIBRARY AND ART GALLERY WHICH ARE CRITICAL COMPONENTS OF THE INTELLECTUAL AND CULTURAL LIFE ON CAMPUS. DONORS HAVE ALSO CREATED ENDOWMENTS FOR THE PURPOSE OF SUPPORTING INTERCOLLEGIATE ATHLETICS. THE COLLEGE USES INVESTMENT INCOME FROM SUCH GIFTS TO FUND ATHLETIC SCHOLARSHIPS, FACILITIES, COACHING SALARIES AND EQUIPMENT.
XI 8 OTHER ADJUSTMENTS CONSIST OF A LOSS ON INTEREST RATE SWAP AGREEMENTS OF 5,595,058, PENSION ADJUSTMENTS RELATING TO FAS 158 OF A LOSS OF 10,117,165 AND MISCELLANEOUS OF 3,259.
XII 2D OTHER ADJUSTMENTS CONSIST OF A LOSS ON INTEREST RATE SWAP AGREEMENTS OF 5,595,058, PENSION ADJUSTMENTS RELATING TO FAS 158 OF A LOSS OF 10,117,165, INTRA-DEPARTMENTAL REVENUE OF 2,840,805, CHANGE IN LIFE INCOME OBLIGATIONS 284,089, AND COST OF FUNDRAISING EXPENSES OF 167,329. TOTAL REVENUE INCLUDED ON FINANCIAL STATEMENTS NOT ON RETURN IS 12,420,000.
XII 4B SCHOLARSHIPS NETTED AGAINST TUITION REVENUE OF 41,257,300, INCREASE IN BAD DEBT PROVISION FOR NON-OPERATING PLEDGES OF 95,584, LOAN FUND EXPENSES OF 954,342, GENERAL ALUMNI ASSOCIATION REVENUE OF 141,831, AND 972 IN MISCELLANEOUS. TOTAL REVENUE INCLUDED ON RETURN NOT ON FINANCIAL STATEMENTS IS 42,450,029.
XIII 2D INTRA-DEPARTMENTAL REVENUE OF 2,840,805, CHANGE IN LIFE INCOME OBLIGATIONS 284,089, AND COST OF FUNDRAISING EXPENSES OF 167,329. TOTAL EXPENSES INCLUDED ON FINANCIAL STATEMENTS NOT ON RETURN IS 3,292,223.
XIII 4B SCHOLARSHIPS NETTED AGAINST TUITION REVENUE OF 41,257,300, INCREASE IN BAD DEBT PROVISION FOR NON-OPERATING PLEDGES OF 95,584, LOAN FUND EXPENSES OF 954,342, GENERAL ALUMNI ASSOCIATION EXPENSES OF 138,836, AND MISCELLANEOUS EXPENSES OF 708. TOTAL EXPENSES INCLUDED ON RETURN NOT ON FINANCIAL STATEMENTS IS 42,446,770.
X 2 THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DEFINED IN SECTION 501C3 OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501A OF THE CODE AND APPLICABLE STATE LAWS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
Schedule D (Form 990) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0




SCHEDULE E(Form 990 or 990-EZ)
Department of the TreasuryInternal Revenue Service
Schools
Right pointing arrow large imageComplete if the organization answered "Yes" to Form 990, Part IV, line 13,or Form 990-EZ, Part VI, line 48.Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? ......................
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? ......................................
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2011
Schedule E (Form 990 or 990EZ) 2011
Page 2
Part II
Supplemental Information
Complete this part to provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Identifier Return Reference Explanation
Part I 6A THE COLLEGE PARTICIPATES IN THE TITLE IV PROGRAM FOR CAMPUS WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, THE PERKINS LOAN PROGRAM, DIRECT LENDING, SMART GRANTS, PELL GRANTS, AND ACADEMIC COMPETITIVENESS GRANTS ADMINISTERED BY THE US DEPARTMENT OF EDUCATION. THE COLLEGE IS ALSO PARTICIPATING IN SEVERAL GRANTS WITH THE NATIONAL SCIENCE FOUNDATION TO PROVIDE STEM GRANTS TO STUDENTS STUDYING MATH OR SCIENCES AS A MAJOR.
Schedule E (Form 990 or 990-EZ) 2011
Additional Data


Software ID: 11000218
Software Version: 2011.0.0
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants
and other assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ..............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other
assistance outside the United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
Central America and the Caribbean     Program services Attend College Abroad 116,950
East Asia and the Pacific     Program services Attend College Abroad 382,354
Europe   90 Program services Attend College Abroad 3,128,677
South America   3 Program services Attend College Abroad 218,242
Sub-Saharan Africa     Program services Attend College Abroad 54,779
Middle East and North Africa     Program services Attend College Abroad 2,090
Central America and the Caribbean     Investments   137,495,015
Europe     Investments   13,354,462
           
           
           
           
           
           
           
           
           
3a Sub-total .....   93 154,752,569
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)   93 154,752,569
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
 
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2011
Schedule F (Form 990) 2011
Page 5
Part V
Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
Identifier ReturnReference Explanation
I 2 THE COLLEGE MANAGES ALL RELATIONSHIPS WITH INTERNATIONAL HOST INSTITUTIONS DIRECTLY AND CONDUCTS PERIODIC EVALUATIONS OF THE PROGRAMS. STUDENTS ARE BILLED TUITION BY HOLY CROSS. THE COLLEGE MANAGES ALL ASPECTS OF THE PROGRAM AND ITS COSTS PROVIDING FOR ADVISORS, LINGUISITIC SUPPORT AND TUTORIAL ASSISTANCE. PROGRAM COSTS, OTHER THAN SCHOLARSHIPS, ARE TRACKED BY PROGRAM LOCATION. SCHOLARSHIPS ARE PROVIDED TO STUDENTS ATTENDING PROGRAMS ABROAD USING THE SAME METHODOLOGY THAT IS APPLIED TO
I 2 STUDENTS WHO ATTEND CLASSES IN THE UNITED STATES AS DESCRIBED ON FORM 990, SCHEDULE I, PART IV.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2011
Additional Data


Software ID: 11000218
Software Version: 2011.0.0



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,or if the organization entered more than $15,000 on Form 990-EZ, line 6a.right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
Total .................right arrow      
3
List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2011
Schedule G (Form 990 or 990-EZ) 2011
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.
(a) Event #1

NY COUNCIL DINNER
(event type) 		(b) Event #2

GOLF EVENT
(event type) 		(c) Other Events

  
(total number) 		(d) Total Events
(Add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 369,652 17,845   387,497
2 Less: Charitable
contributions . . . 		319,478 17,845   337,323
3 Gross income (line 1
minus line 2) . . . 		50,174     50,174
VerticalDirectExpenses 4 Cash prizes . . .        
5 Non-cash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages . . 165,642 1,687   167,329
8 Entertainment . . .        
9 Other direct expenses .        
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 167,329
11 Net income summary. Combine lines 3 and 10 in column (d)............ right arrow -117,155
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (Add col. (a) through col. (c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," Explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," Explain:
 
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
Schedule G (Form 990 or 990-EZ) 2011
Schedule G (Form 990 or 990-EZ) 2011
Page 3
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Provide the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)
Identifier ReturnReference Explanation
Schedule G (Form 990 or 990-EZ) 2011
Additional Data


Software ID: 11000218
Software Version: 2011.0.0
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number
04-2103558
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) Nativity School of Worcester67 Lincoln St
Worcester,MA01605 		03-0385377 501c3 100,000        
(2) Mobile Book Fund City of Worcester455 Main St
Worcester,MA01608 		04-6001418 115 400,000        
(3) Wheels to Water City of Worcester455 Main St
Worcester,MA01608 		04-6001418 115 15,000        
(4) Worcester Center for the Performing Arts2 Southbridge St
Worcester,MA01608 		05-0521735 501c3 10,000        
(5) Worcester Education Collaborative484 Main Street
Worcester,MA01608 		04-2104017 501c3 5,000        
(6) Adopt-A-Student Diocese of Worcester19 Elm Street
Worcester,MA01609 		04-2103979 501c3 10,000        












2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
6
3
Enter total number of other organizations listed in the line 1 table ......................... . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2011

Schedule I (Form 990) 2011
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) Scholarship - Funded by Federal Government 478 2,638,938      
(2) Scholarship - Funded by State Government 190 473,586      
(3) Scholarship - Funded by College 1468 36,202,502      
(4) Scholarship - Funded by Private Source 77 910,754      
(5) Grant - Funded by College 3 25,997      





Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
I 2 THE COLLEGE SUPPORTS A NEED BASED FINANCIAL AID POLICY THAT IS REPRESENTATIVE OF ITS ACADEMIC AND SPIRITUAL GOALS AS AN UNDERGRADUATE, JESUIT LIBERAL ARTS COLLEGE. THE COLLEGE ACCEPTS STUDENTS REGARDLESS OF THEIR ABILITY TO PAY NEED-BLIND ADMISSIONS AND THEN MEETS 100 OF THEIR NEED, AS CALCULATED ACCORDING TO NATIONALLY RECOGNIZED FINANCIAL AID CRITERIA.
I 2 THE COLLEGE USES A CONSERVATIVE NEEDS ANALYSIS, INSTITUTIONAL METHODOLOGY WHICH IS AGREED UPON BY MORE THAN 2,000 MEMBERS OF THE COLLEGE SCHOLARSHIP SERVICE ASSEMBLY. THE FINANCIAL AID PROGRAM IS GENEROUS AND ALL STUDENTS ARE ENCOURAGED TO APPLY REGARDLESS OF THEIR SOCIO-ECONOMIC BACKGROUND. APPROXIMATELY SIXTY-ONE PERCENT OF ALL STUDENTS RECEIVE SOME FORM OF FINANCIAL ASSISTANCE.
I 2 A LIST OF RECIPIENTS WHO RECEIVE FINANCIAL ASSISTANCE IS MAINTAINED BY THE COLLEGE. THERE MAY BE SOME RECIPIENTS WHO ARE RELATED TO OFFICERS, TRUSTEES, OR OTHER DISQUALIFIED PERSONS, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL OBJECTIVELY DETERMINED BASIS WITH OTHERS.
I 2 THE COLLEGE PROVIDES GRANTS TO CERTAIN CHARITABLE ORGANIZATIONS WITHIN THE WORCESTER, MA AREA. THESE GRANTS ARE CLOSELY TIED TO PROMOTING THE COLLEGES CHARITABLE AND EDUCATIONAL MISSION AND CONTRIBUTE TO THE ENRICHMENT OF THE GREATER WORCESTER AREA. SINCE THESE GRANTS ARE MADE TO CHARITIES, THE COLLEGE DOES NOT MONITOR THE USE OF THE GRANT FUNDS.
Schedule I (Form 990) 2011


Additional Data


Software ID: 11000218
Software Version: 2011.0.0


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2011

Schedule J (Form 990) 2011
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and column (E) for that individual.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) Michael Lochhead (i)
(ii)		 248,412
  		 
  		27,156
  		27,264
  		32,090
  		334,922
  		 
 
(2) William Durgin (i)
(ii)		  
  		 
  		610,326
  		 
  		16,794
  		627,120
  		610,326
 
(3) Michael Perry (i)
(ii)		 10,822
  		 
  		118,316
  		 
  		11,045
  		140,183
  		 
 
(4) Jacqueline Peterson (i)
(ii)		 163,967
  		 
  		5,003
  		18,444
  		24,707
  		212,121
  		 
 
(5) Frank Vellaccio (i)
(ii)		 243,284
  		 
  		18,812
  		27,264
  		41,518
  		330,878
  		 
 
(6) Timothy Mines (i)
(ii)		 154,390
  		 
  		970
  		16,878
  		11,263
  		183,501
  		 
 
(7) Timothy Austin (i)
(ii)		 217,060
  		 
  		8,760
  		22,599
  		1,550
  		249,969
  		 
 
(8) Timothy Jarry (i)
(ii)		 240,051
  		 
  		34,563
  		27,084
  		22,207
  		323,905
  		 
 
(9) Richard Regan Jr (i)
(ii)		 165,517
  		 
  		27,597
  		18,510
  		23,707
  		235,331
  		 
 
(10) Thomas Gilmore (i)
(ii)		 170,084
  		 
  		13,031
  		19,464
  		27,080
  		229,659
  		 
 
(11) Mary Lee Ledbetter (i)
(ii)		 180,701
  		 
  		1,143
  		20,398
  		23,605
  		225,847
  		 
 
(12) Milan Brown (i)
(ii)		 314,959
  		 
  		34,557
  		27,264
  		22,026
  		398,806
  		 
 
(13) Robert Grenon (i)
(ii)		  
  		 
  		354,484
  		 
  		1,500
  		355,984
  		 
 
(14) Sean Kearney (i)
(ii)		  
  		 
  		259,967
  		 
  		21,137
  		281,104
  		 
 
(15) David Hummon (i)
(ii)		 72,312
  		 
  		176,497
  		7,787
  		20,591
  		277,187
  		 
 
(16) Alan Avery-Peck (i)
(ii)		 174,007
  		 
  		6,757
  		19,407
  		7,570
  		207,741
  		 
 
Schedule J (Form 990) 2011

Schedule J (Form 990) 2011
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
I 1A CERTAIN OFFICERS, KEY EMPLOYEES OR HIGHLY COMPENSATED EMPLOYEES ARE AUTHORIZED AS PART OF THEIR COMPENSATION AGREEMENT TO OBTAIN A MEMBERSHIP IN A SOCIAL OR RECREATIONAL CLUB. THESE DUES ARE GROSSED UP AND INCLUDED IN THE EMPLOYEES REPORTABLE COMPENSATION.
I 4A B WILLIAM DURGIN, CHIEF INVESTMENT OFFICER RETIRED DURING THE FISCAL YEAR ENDED 6/30/2011 AFTER 26 YEARS OF EMPLOYMENT AT THE COLLEGE. PRIOR TO HIS RETIREMENT, WILLIAM DURGIN PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN AND AMOUNTS WERE INCLUDED IN DEFERRED COMPENSATION AS THEY ACCRUED. PURSUANT TO HIS TERMINATION AGREEMENT, WILLIAM DURGIN WAS ENTITLED TO A ONE TIME PAYOUT OF TWO YEARS SALARY AND CONTINUATION OF HEALTH BENEFITS TO AGE SEVENTY. THIS EARLY RETIREMENT PAYOUT WAS 612,000
I 4A B BEFORE EMPLOYEE BENEFITS DEDUCTION. WILLIAM DURGINS TERMINATION AGREEMENT WAS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE COLLEGE OF THE HOLY CROSS, A COMMITTEE WITHIN THE BOARD OF TRUSTEES THAT APPROVES COMPENSATION. MR. DURGINS AGREEMENT WAS APPROVED AFTER A BENCHMARKING REVIEW WAS PERFORMED AND APPROVED BY FORMER PRESIDENT MCFARLAND.
I 4A ROBERT GRENON, CONTROLLER, RETIRED AND RECEIVED AN EARLY RETIREMENT PAYOUT OF 355,000 INCLUDING NONTAXABLE BENEFITS.
I 4A DAVID HUMMON, PROFESSOR, RETIRED AND RECEIVED AND EARLY RETIREMENT PAYOUT OF 175,217 INCLUDING NONTAXABLE BENEFITS. HE RETIRED UNDER THE FACULTY EARLY RETIREMENT POLICY DESCRIBED FOR SCHEDULE J, PART 1, LINE 7.
I 4A MICHAEL PERRY AND SEAN KEARNEY SEPARATED FROM THE COLLEGE DURING THE YEAR ENDED 6/30/2011. THE COLLEGE PAID SEAN KEARNEY 265,000 PER HIS EMPLOYMENT CONTRACT WHICH INCLUDED PROVISIONS FOR SEPARATION FROM THE COLLEGE. MR. PERRY WAS PAID 110,618 AS SEVERANCE.
II   MEMBERS OF THE SOCIETY OF JESUS TAKE A VOW OF POVERTY. COMPENSATION IS PAID DIRECTLY TO THEIR ORDER WHICH IS EXEMPT UNDER SECTION 501C3. UNDER REV. RUL. 77-290, MEMBERS OF A RELIGIOUS ORDER PROVIDING SERVICES TO A CATHOLIC ORGANIZATION WILL BE CONSIDERED FOR TAX PURPOSES TO BE AN AGENT OF HIS ORDER PROVIDED THE RELIGIOUS ORDER IS SUBJECT TO A VOW OF POVERTY, THE RELIGIOUS ORDER IS PROVIDING SERVICES FOR A CATHOLIC ORGANIZATION LISTED IN THE OFFICIAL CATHOLIC DIRECTORY AT THE DIRECTION OF
II   HIS SUPERIOR AND THE FULL AMOUNT OF COMPENSATION IS REMITTED TO HIS ORDER WHICH IS EXEMPT FROM TAX.
I 7 THE COLLEGE HAS ESTABLISHED A VOLUNTARY EARLY RETIREMENT PROGRAM FOR TENURED FACULTY MEMBERS WHO HAVE COMPLETED FIFTEEN YEARS OF SERVICE AND ATTAINED AGE 62. ELIGIBLE FACULTY MEMBERS ARE ENTITLED TO A PERCENTAGE PAYOUT THAT DECREASES OVER TIME. IN ADDITION, ELIGIBLE FACULTY MEMBERS ARE ABLE TO REMAIN ENROLLED IN THE COLLEGES AVAILABLE MEDICAL HEALTH PLANS.
Schedule J (Form 990) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number
04-2103558
Part I
Bond Issues
(a) Issuer Name (b) Issuer EIN (c) CUSIP # (d) Date Issued (e) Issue Price (f) Description of Purpose (g) Defeased (h) On
Behalf of
Issuer 		(i) Pool
financing
Yes No Yes No Yes No
A Mass Development and Finance Agency MDFA 2007B
  		04-2608195 57583RLM5 05-03-2007 30,306,021 Refunding 1998 Issue   X   X   X
B Mass Development and Finance Agency MDFA 2008A
  		04-2608195 57583RU26 05-08-2008 45,340,000 Refunding 2007A Issue   X   X   X
C Mass Development and Finance Agency MDFA 2008B
  		04-2608195 57583RVU6 05-08-2008 71,076,481 Refunding 2006 Issue   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . .        
2 Amount of bonds legally defeased . . . . . . . . . .        
3 Total proceeds of issue . . . . . . . . . . . . . 30,306,021 45,340,000 71,076,481  
4 Gross proceeds in reserve funds . . . . . . . .        
5 Capitalized interest from proceeds . . . . . . . . . .        
6 Proceeds in refunding escrows . . . . . . . . . . .        
7 Issuance costs from proceeds . . . . . . . . . . . 258,981 181,594 503,481  
8 Credit enhancement from proceeds . . . . . . . . . . 169,240 158,406    
9 Working capital expenditures from proceeds . . . . . . .        
10 Capital expenditures from proceeds . . . . . . . . . . 29,877,800 45,000,000 70,573,000  
11 Other spent proceeds . . . . . . . . . . .        
12 Other unspent proceeds . . . . . . . . . . .        
13 Year of substantial completion . . . . . . . . . . . 2008 2008 2008
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . .   X X   X      
15 Were the bonds issued as part of an advance refunding issue? . . . . X     X   X    
16 Has the final allocation of proceeds been made? . . . . . . X   X   X      
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . X   X   X      
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X            
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X            
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2011
Schedule K (Form 990) 2011
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . .   X   X        
b If ‘Yes’ to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . .                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . .   X   X        
d If ‘Yes’ to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? . X   X          
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet   %   %   %   %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0%   %   %   %
6 Total of lines 4 and 5 . . .. . . . . . . . . 0%   %   %   %
7 Does the bond issue meet the private security or payment test? . . . X   X          
8 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
X   X          
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . . .   X   X   X    
2 Is the bond issue a variable rate issue?   X X     X    
3a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X X     X    
b Name of provider . . . . . . . . Bank of America LLC
  		Bank of America LLC
  		 
  		 
 
c Term of hedge . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was a hedge terminated? . . . . .                
4a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . .   X   X   X    
b Name of provider . . . . . .  
  		 
  		 
  		 
 
c Term of GIC . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . .                
5 Were any gross proceeds invested beyond an available temporary period? . . . . . .   X   X   X    
6 Did the bond issue qualify for an exception to rebate? . X   X   X      
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X      
Schedule K (Form 990) 2011

Schedule K (Form 990) 2011
Page 3
Part V
Procedures To Undertake Corrective Action
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? . . . . . . . . . . . . . .
Part VI
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
Schedule K (Form 990) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBulletSee separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Description of transaction (c) Corrected?
Yes No





2
Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from the organization? (c)Original principal amount (d)Balance due (e) In default? (f) Approved by board or committee? (g)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b)Relationship between interested person and the organization (c)Amount of grant or type of assistance
(1) OFFICER OFFICER TUITION REMISSION
For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2011
Schedule L (Form 990 or 990-EZ) 2011
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) FEDERATED FUND ADVISORY COMPANY
  		J. FISHER, TRUSTEE 100,000 MANAGEMENT FEE   No
(2) ADAGE CAPITAL MANAGEMENT
  		R. ATCHINSON, TRUSTEE 663,000 MANAGEMENT FEE   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
IV   CONSISTENT WITH THE POLICY DESCRIBED IN SCHEDULE O, THE FOLLOWING TRANSACTIONS HAVE BEEN REVIEWED AND ARE CONSIDERED TO BE IN THE BEST INTERESTS OF THE COLLEGE WITH TERMS THAT ARE FAVORABLE TO THE COLLEGE.
IV   JOHN B. FISHER IS A TRUSTEE OF THE COLLEGE OF THE HOLY CROSS AND THE PRESIDENT AND CEO OF FEDERATED FUND ADVISORY COMPANY. THE COLLEGE OF THE HOLY CROSS HAS A BUSINESS RELATIONSHIP WITH FEDERATED FUND ADVISORY COMPANY. FEES TO FEDERATED FUND ADVISORY COMPANY ARE APPROXIMATELY 100,000 PER YEAR AND ARE BASED UPON AN ARMS LENGTH AGREEMENT.
IV   ROBERT ATCHINSON IS A TRUSTEE OF THE COLLEGE OF THE HOLY CROSS AND EXECUTIVE DIRECTOR OF ADAGE CAPITAL MANAGEMENT. THE COLLEGE IS INVESTED IN AN ADAGE CAPITAL MANAGEMENT HEDGE FUND. FEES TO ADAGE CAPITAL MANAGEMENT WERE APPROXIMATELY 663,000 DURING THE YEAR ENDED 6/30/2012 AND ARE BASED UPON AN ARMS LENGTH AGREEMENT.
IV   P. KEVIN CONDRON IS A TRUSTEE OF THE COLLEGE AND IS A MEMBER OF THE BOARD OF DIRECTORS OF HANOVER INSURANCE COMPANY HANOVER. PAYMENTS ARE MADE BY THE COLLEGE TO HANOVER FOR INSURANCE PURCHASED BY HOLY CROSS EMPLOYEES AND DEDUCTED FROM THEIR PAYCHECKS AT THEIR REQUESTS AS A MATTER OF EMPLOYEE CONVENIENCE. THE PAYMENTS MADE TO HANOVER ARE NOT THE PROPERTY OF HOLY CROSS AND THIS IS A LONG STANDING PROGRAM OF HOLY CROSS THAT PREDATES MR. CONDRONS JOINING EITHER THE BOARD OF TRUSTEES OF HOLY
IV   CROSS OR THE BOARD OF DIRECTORS OF HANOVER.
Schedule L (Form 990 or 990-EZ) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
NonCash Contributions
Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of Contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 76 658,007 FMV
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( IN KIND GIFTS ) X 6 77,517 FMV
26 Other Right pointing arrow large image( )
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
2
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ............................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) 2011
Schedule M (Form 990) 2011
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33 and whether the organization is reporting in Part I, column (b) the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Identifier Return Reference Explanation
I PART I, LINE 32 B THE COLLEGE USES A REGISTERED BROKER TO SELL SECURITIES THAT ARE GIFTED TO THE COLLEGE.
I PART I, LINE 9, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE TO THE COLLEGE.
I PART I, LINE 32B THE COLLEGE USES A REGISTERED BROKER TO SELL SECURITIES THAT ARE GIFTED TO THE COLLEGE.
I PART I, LINE 9, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE TO THE COLLEGE.
Schedule M (Form 990) 2011
Additional Data


Software ID: 11000218
Software Version: 2011.0.0
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Identifier Return Reference Explanation
Form 990 Part III 1 THE COLLEGE OF THE HOLY CROSS IS, BY TRADITION AND CHOICE, A JESUIT LIBERAL ARTS COLLEGE SERVING THE CATHOLIC COMMUNITY, AMERICAN SOCIETY AND THE WIDER WORLD. TO PARTICIPATE IN THE LIFE OF HOLY CROSS IS TO ACCEPT AN INVITATION TO JOIN IN DIALOGUE ABOUT BASIC HUMAN QUESTIONS WHAT IS THE MORAL CHARACTER OF LEARNING AND TEACHING HOW DO WE FIND MEANING IN LIFE AND HISTORY WHAT ARE OUR OBLIGATIONS TO ONE ANOTHER WHAT IS OUR SPECIAL RESPONSIBILITY TO THE WORLDS POOR AND POWERLESS
Form 990 Part III 1 AS A LIBERAL ARTS COLLEGE, HOLY CROSS PURSUES EXCELLENCE IN TEACHING, LEARNING, AND RESEARCH. ALL WHO SHARE ITS LIFE ARE CHALLENGED TO BE OPEN TO NEW IDEAS, TO BE PATIENT WITH AMBIGUITY AND UNCERTAINTY, TO COMBINE A PASSION FOR TRUTH WITH RESPECT FOR THE VIEWS OF OTHERS. INFORMED BY THE PRESENCE OF DIVERSE INTERPRETATIONS OF THE HUMAN EXPERIENCE. HOLY CROSS SEKS TO BUILD A COMMUNITY MARKED BY FREEDOM, MUTUAL RESPECT, AND CIVILITY. BECAUSE THE SEARCH FOR MEANING AND VALUE IS AT THE HEART OF THE INTELLECTUAL LIFE, CRITICAL EXAMINATION OF FUNDAMENTAL RELIGIOUS AND PHILOSOPHICAL QUESTIONS IS INTEGRAL TO LIBERAL ARTS EDUCATION. DIALOGUE ABOUT THESE QUESTIONS AMONG PEOPLE FROM DIVERSE ACADEMIC DISCIPLINES AND RELIGIOUS TRADITIONS REQUIRES EVERYONE TO ACKNOWLEDGE AND RESPECT DIFFERENCES. DIALOGUE ALSO REQUIRES US TO REMAIN OPEN TO THAT SENSE OF THE WHOLE WHICH CALLS US TO TRANSCEND
Form 990 Part III 1 OURSELVES AND CHALLENGES US TO SEEK THAT WHICH MIGHT CONSTITUTE OUR COMMON HUMANITY.
Form 990 Part III 1 THE FACULTY AND STAFF OF HOLY CROSS, NOW PRIMARILY LAY AND RELIGIOUSLY AND CULTURALLY DIVERSE, ALSO AFFIRM THE MISSION OF HOLY CROSS AS A JESUIT COLLEGE. AS SUCH, HOLY CROSS SEEKS TO EXEMPLIFY THE LONGSTANDING DEDICATION OF THE SOCIETY OF JESUS TO THE INTELLECTUAL LIFE AND ITS COMMITMENT TO THE SERVICE OF FAITH AND PROMOTION OF JUSTICE. THE COLLEGE IS DEDICATED TO FORMING A COMMUNITY WHICH SUPPORTS THE INTELLECTUAL GROWTH OF ALL ITS MEMBERS WHILE OFFERING THEM OPPORTUNITIES FOR SPIRITUAL AND MORAL DEVELOPMENT. IN A SPECIAL WAY, THE COLLEGE MUST ENABLE ALL WHO CHOOSE TO DO SO TO ENCOUNTER THE INTELLECTUAL HERITAGE OF CATHOLICISM, TO FORM AN ACTIVE WORSHIPPING COMMUNITY AND TO BECOME ENGAGED IN THE LIFE WORK OF THE CONTEMPORARY CHURCH.
Form 990 Part III 1 SINCE 1843, HOLY CROSS HAS SOUGHT TO EDUCATE STUDENTS WHO, AS LEADERS IN BUSINESS, PROFESSIONAL AND CIVIC LIFE, WOULD LIVE BY THE HIGHEST INTELLECTUAL AND ETHICAL STANDARDS. IN SERVICE OF THIS IDEAL, HOLY CROSS ENDEAVOURS TO CREATE AN ENVIRONMENT IN WHICH INTEGRATED LEARNING IS A SHARED RESPONSIBILITY, PURSUED IN CLASSROOM AND LABORATORY, STUDIO AND THEATER, RESIDENCE AND CHAPEL, SHARED RESPONSIBILITY FOR THE LIFE AND GOVERNANCE OF THE COLLEGE SHOULD LEAD ALL ITS MEMBERS TO MAKE THE BEST OF THEIR OWN TALENTS, TO WORK TOGETHER, TO BE SENSITIVE TO ONE ANOTHER, TO SERVE OTHERS, AND TO SEEK JUSTICE WITHIN AND BEYOND THE HOLY CROSS COMMUNITY.
Form 990 Part III 4A THE COLLEGE OFFERS A CURRICULUM LEADING TO A BACHELOR OF ARTS A.B. DEGREE WITH ACADEMIC CONCENTRATIONS IN TWENTY-SIX FIELDS, INCLUDING BIOLOGY, CHEMISTRY, CLASSICS, ECONOMICS, ENGLISH, HISTORY, PSYCHOLOGY, RELIGIOUS STUDIES, SOCIOLOGY, THEATER AND THE VISUAL ARTS. THE COLLEGE IS A LARGE EDUCATIONAL COMPLEX, COMPLETE WITH LIBRARIES, SCIENCE LABORATORIES, CLASSROOMS, RESIDENCE HALLS, AND ATHLETIC FIELDS INCLUDING A FOOTBALL STADIUM AND HOCKEY RINK, AND A STUDENT ACTIVITY CENTER.
Form 990 Part III 4A ALL FIRST YEAR STUDENTS PARTICIPATE IN AN ACADEMICALLY RIGOROUS LEARNING AND LIVING PROGRAM FOR THEIR FIRST YEAR. LEARNING TAKES PLACE IN SMALL DISCUSSION SEMINARS FOR THE ENTIRE YEAR THAT FIT THEMATICALLY WITHIN FIVE CLUSTERS EACH DEVOTED TO A LARGER THEME. STUDENTS CHOOSE THEIR OWN CLUSTER OF INTEREST FROM THE FOLLOWING AREAS NATURAL WORLD, DIVINE, SELF, GLOBAL SOCIETY OR CORE HUMAN QUESTIONS. GLOBAL SOCIETY IS THE LARGEST CLUSTER WITH DISCIPLINES FROM SOCIOLOGY AND HISTORY TO PHYSICS AND ECONOMICS. THE COURSES LOOK AT THE WORLD FROM A PLURALISTIC AND COSMOPOLITAN PERSPECTIVE, GIVING STUDENTS THE OPPORTUNITY TO REFLECT ON THE CULTURAL CONNECTIONS OF THE MODERN WORLD AND THE RESPONSIBILITIES OF THE 21ST CENTURY CITIZEN.
Form 990 Part III 4A THE COLLEGE OFFERS STUDENTS THE ABILITY TO STUDY ABROAD DURING THEIR JUNIOR YEAR. THE COLLEGE HAS RELATIONSHIPS WITH UNIVERSITIES ON FIVE CONTINENTS AND EACH YEAR MORE THAN 150 STUDENTS PURSUE STUDIES IN A FOREIGN LAND INCLUDING CHINA, RUSSIA, CAMEROON, EUROPE, PERU, AND SRI LANKA. DURING THIS TIME THEY CONTINUE THEIR EDUCATION IN SUCH SUBJECTS AS HISTORY, MATH OR PSYCHOLOGY AND IN ADDITION, ARE EDUCATED BY THEIR SURROUNDINGS AND LEARN HOW OTHER PEOPLE VIEW THEIR HOME COUNTRY. THEY LIVE WITH LOCAL FAMILIES WHENEVER POSSIBLE AND ARE REQUIRED TO COMPLETE A SERVICE PROJECT THAT IMMERSES THEM IN THE LOCAL COMMUNITY.
Form 990 Part III 4A THE COLLEGE OFFERS INTERDISCIPLINARY CONCENTRATIONS IN ASIAN STUDIES, ENVIRONMENTAL STUDIES, AFRICANA STUDIES, LATIN AMERICAN AND LATINO STUDIES AND WOMEN AND GENDER STUDIES. IN ADDITION, STUDENTS HAVE DEVELOPED THEIR OWN PROGRAMS IN ASIAN AMERICAN AND MIDDLE EASTERN STUDIES. THESE CONCENTRATIONS ALLOW STUDENTS TO SYNTHESIZE ACROSS DISCIPLINES, EXPLORING THE CULTURE THROUGH HISTORY, LITERATURE, LANGUAGE, SOCIOLOGY, ANTHROPOLOGY AND ART. THROUGH THESE STUDIES, STUDENTS GAIN A DEEPER APPRECIATION OF THE WORLDS CULTURES AND TRADITIONS. RELIGIOUS STUDIES EXPLORE THE GLOBAL RELIGIONS AND TRADITIONS AND ALSO LOOK AT CHRISTIAN AND CATHOLIC EXPERIENCES AROUND THE WORLD. IN SOCIOLOGY, STUDENTS EXAMINE THE SOCIETAL STRUCTURES THAT FRAME THE IMPACT OF GLOBALIZATION ON OUR PERCEPTION OF ETHNIC AND SOCIETAL IDENTITY. BIOLOGY STUDENTS LOOK AT THE IMPACT OF TECHNOLOGY, DEVELOPMENT, AND
Form 990 Part III 4A GLOBALIZATION ON OUR NATURAL RESOURCES. MODERN LANGUAGES AND LITERATURE PROVIDE STUDENTS A STRONG FOUNDATION, EVEN FLUENCY, IN FOREIGN LANGUAGES, BUT ALSO PROVIDES INSIGHT INTO THE CULTURE OF THOSE WHO SPEAK THE LANGUAGE, THROUGH LITERATURE, ART, AND HISTORY.
Form 990 Part III 4A THE COLLEGES MCFARLAND CENTER SPONSORS AND SUPPORTS PROGRAMMING THAT EXPLORES BASIC HUMAN QUESTIONS OF MEANING, MORALITY, AND MUTUAL OBLIGATION. FOLLOWING THE PRINCIPLE THAT FAITH AND LEARNING ARE PARTNERS IN LIBERAL EDUCATION, THE MCFARLAND CENTERS PROGRAMS FOSTER DIALOGUE THAT RESPECTS DIFFERENCES AND PROVIDES A FORUM FOR INTELLECTUAL EXCHANGE THAT IS INTERRRELIGIOUS AS WELL AS INTERDISCIPLINARY, INTERCULTURAL, AND INTERNATIONAL IN SCOPE.
Form 990 Part III 4A THE CAMPUS LIBRARIES AT HOLY CROSS - DINAND, FENWICK MUSIC, OCALLAHAN SCIENCE, ARCHIVAL AND SPECIAL COLLECTIONS, AND RHEM - ARE ALSO AVAILABLE TO THE PUBLIC FOR SCHOLARLY RESEARCH. THE LIBRARIES HAVE AN EXTENSIVE COLLECTION OF BOOKS, JOURNALS, TAPES, VIDEOS, CDS, LPS, PHOTOGRAPHS, AND ELECTRONIC RESOURCES. THE LIBRARY COLLECTION INCLUDES MORE THAN 650,000 VOLUMES, 4,500 PERIODICALS, 14,000 SOUND RECORDINGS, 7,000 MUSIC SCORES, AND 40,0000 ART HISTORY SLIDES. THE COLLECTION INCLUDES THE FOLLOWING ITEMS OF PARTICULAR INTEREST INCUNABULA BOOKS PRINTED PRIOR TO 1500, JESUITANA BOOKS PRINCIPALLY BY JESUIT AUTHORS OF THE 15TH TO 17TH CENTURIES, AMERICANA BOOKS OF SPECIAL INTEREST PUBLISHED IN AMERICA PRIOR TO 1829, JOHN HENRY CARDINAL NEWMAN 1801-1890 COLLECTION LETTERS AND FIRST EDITIONS, JAMES MICHAEL CURLEY 1874-1958 COLLECTION SCRAPBOOKS, NEWSPAPER CLIPPINGS, MICROFILM.
Form 990 Part III 4A CURLEY WAS MAYOR OF BOSTON AND GOVERNOR OF MASSACHUSETTS, LOUISE IMOGENE GUINEY 1861-1920 COLLECTION POEMS, ESSAYS, CORRESPONDENCE AND PHOTOGRAPHS, FRANK W. STEARNS 1856-1939 COLLECTION CORRESPONDENCE, SCRAPBOOKS. STEARNS WAS A BOSTON MERCHANT AND POLITICAL ADVISOR TO CALVIN COOLIDGE, HENNESSEY COLLECTION NEARLY 8,000 LP SOUND RECORDINGS OF OPERA AND OTHER VOCAL MUSIC.
Form 990 Part III 4A THROUGH BOTH CONTEMPORARY AND HISTORICAL EXHIBITIONS, THE IRIS AND B. GERALD CANTOR ART GALLERY AT HOLY CROSS EDUCATES THE COLLEGE AND WORCESTER COMMUNITIES ABOUT THE FUNDAMENTAL INTELLECTUAL, CULTURAL, SPIRITUAL, AND AESTHETIC ISSUES ENCOUNTERED THROUGH VISUAL ART. OPEN FREE TO THE PUBLIC, THE GALLERY SEEKS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE THROUGH THE PRESENTATION AND DISCUSSION OF A DIVERSITY OF VISUAL ARTS. THE GALLERY HAS SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ARTS VALUES OF THE COLLEGE AND THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM AND COMMUNITY.
Form 990 Part III 4A THE COLLEGE IS A MEMBER OF THE PATRIOT LEAGUE AND OFFERS A COMPREHENSIVE ATHLETIC PROGRAM AT THE NCAA DIVISION I LEVEL CONSISTING OF 27 ATHLETIC TEAMS. INTERCOLLEGIATE SPORTS FOR MEN ARE BASEBALL, BASKETBALL, CREW, CROSS COUNTRY, FOOTBALL, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SWIMMING, TENNIS AND INDOOR AND OUTDOOR TRACK AND FIELD. WOMEN COMPETE IN BASKETBALL, CREW, CROSS-COUNTRY, FIELD HOCKEY, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SOFTBALL, SWIMMING, TENNIS, INDOOR AND OUTDOOR TRACK AND FIELD, AND VOLLEYBALL. THE COLLEGE PROMOTES WIDESPREAD INVOLVEMENT IN ATHLETICS FOR STUDENTS OF ALL SKILL LEVELS AND INTERESTS. APPROXIMATELY SEVENTY PERCENT OF HOLY CROSS STUDENTS PARTICIPATE IN SPORTS AT THE VARSITY,
Form 990 Part III 4A CLUB OR INTRAMURAL LEVELS. THE COLLEGE ALSO PERIODICALLY OPENS ITS HART RECREATION CENTER FACILITIES, INCLUDING A SIX-LANE SWIMMING POOL, ICE RINK, BASKETBALL COURTS, AND FITNESS CENTER TO THE GENERAL PUBLIC. IN ADDITION, HOLY CROSS HOSTS SUMMER SOCCER, FOOTBALL, BASKETBALL, LACROSSE, AND FIELD HOCKEY CAMPS FOR AREA YOUTHS.
Form 990 Part III 4A THE COLLEGE PROGRAM INVITES STUDENTS TO BRING THEIR REAL WORLD EXPERIENCES INTO THE CLASSROOM, AND THEN CHALLENGES STUDENTS TO BRING THEIR CLASSROOM EXPERIENCE OUT INTO THE WORLD TO BE TESTED, STRENGTHENED, AND ENHANCED. THE PROGRAM ASKS THE STUDENTS TO CONSIDER THE CONTEXT, INCLUDING THE SOCIAL AND CIVIC CONTEXTS, OF THE SUBJECTS THEY STUDY. THE COLLEGES GOAL IS TO CREATE A BRIDGE BETWEEN THE CLASSROOM AND THOSE INTERESTS AND EXPERIENCES OUTSIDE THE CLASSROOM THEREBY ENRICHING THE LEVEL OF DIALOGUE AND DISCUSSION. THROUGH THE STUDENT PROGRAM FOR URBAN DEVELOPMENT, STUDENTS ARE ABLE TO INTERACT WITH THE LOCAL COMMUNITY TUTORING CHILDREN, SERVING AS WELFARE ADVOCATES, VOLUNTEERING, AND VISITING THE SICK AND LONELY. THEY ENCOUNTER THE EFFECTS OF GLOBALIZATION ON A LOCAL LEVEL AS THEY WORK WITH THE HOMELESS AND UNEMPLOYED.
Form 990 Part III 4A STUDENTS ALSO HAVE THE OPPORTUNITY TO SPEND BREAKS SERVING COMMUNITIES IN APPALACHIA AND ALONG THE GULF COAST, BUILDING HOUSES, CLEANING SCHOOLS AND PARKS OR SERVING IN COMMUNITY BASED ORGANIZATIONS. IT IS AN EXPERIENCE THEY WILL CARRY WITH THEM FOR THE REST OF THEIR LIVES, SERVING AS INSPIRATION FOR THEIR FUTURE STUDIES AND CAREERS. A COMMITMENT TO SHAPING MORE INFORMED, SENSITIVE, AND CONSCIENTIOUS GLOBAL CITIZENS IS NOT ONLY THE COLLEGES OBLIGATION AS AN EDUCATIONAL INSTITUTION, IT SPEAKS DIRECTLY TO THE HEART OF THE COLLEGES MISSION.
Form 990 Part III 4B THE COLLEGE IS THE RECIPIENT OF VARIOUS GRANTS FROM PRIVATE FOUNDATIONS, CORPORATIONS AND THE U.S. FEDERAL GOVERNMENT. THESE GRANTS FUND BASIC RESEARCH INSTRUCTION, CURRICULUM DEVELOPMENT, AND INSTRUMENTATION OF COLLEGE LABORATORIES.
Form 990 Part IV 11A SENIOR MANAGEMENT OF THE COLLEGE IS RESPONSIBLE FOR DRAFTING FORM 990. THE COMPLETED DRAFT FORM 990 IS SUBMITTED FOR REVIEW TO THE COLLEGES TAX ADVISOR. RECOMMENDED CHANGES ARE DISCUSSED WITH SENIOR MANAGEMENT AND INCORPORATED INTO THE RETURN. THE DRAFT FORM IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL MEMBERS OF THE COMMITTEE WITH SENIOR MANAGEMENT AND THE COLLEGES TAX ADVISOR. ALL QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE MEMBERS ARE ADDRESSED AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE.
Form 990 Part VI 11A AFTER THE AUDIT COMMITTEE REVIEW ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED WITH THE COMPLETED FORM 990 IN ADVANCE OF THE FILING DEADLINE VIA A DEDICATED COLLEGE WEBSITE. ALL QUESTIONS AND CONCERNS OF THE MEMBERS OF THE BOARD OF TRUSTEES WILL BE ADDRESSED BY THE TREASURER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE.
Form 990 Part VI 11A AFTER ALL OF THE INPUT FROM THE BOARD OF TRUSTEES AND THE AUDIT COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, THE TREASURER OF THE COLLEGE IS AUTHORIZED TO FILE THE FORM 990.
Form 990 Part VI 12C ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ASSUME RESPONSIBILITY FOR CONSIDERING POSSIBLE CONFLICTS OF INTEREST THAT ARISE DURING SERVICE WITH THE COLLEGE. TO HELP OFFICERS, TRUSTEES, AND KEY EMPLOYEES IDENTIFY POSSIBLE CONFLICTS OF INTEREST, THE COLLEGE HAS DEVELOPED A DISCLOSURE FORM THAT MUST BE COMPLETED AND UPDATED AT LEAST ANNUALLY. DURING THE COURSE OF THEIR SERVICE, OFFICERS, TRUSTEES, AND KEY EMPLOYEES MUST ALSO DISCLOSE ANY CONFLICT OF INTEREST AS SOON AS THEY BECOME AWARE OF THE CONFLICT.
Form 990 Part VI 12C THE GENERAL COUNSEL WILL REVIEW THE DISCLOSURES AND REPORT CONFLICTS OF INTEREST TO THE CHAIRMAN OF THE BOARD AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE CONSIDERS THE BEST INTERESTS OF THE COLLEGE AND THE NATURE OF THE CONFLICT. THE AUDIT COMMITTEE EVALUATES THE CIRCUMSTANCES OF THE ISSUE OR TRANSACTION TO ENSURE THAT IT IS FEASIBLE, THE TERMS ARE FAVORABLE TO THE COLLEGE AND THAT THEY HAVE CONSIDERED ANY POTENTIAL IMPLICATIONS OF ENTERING INTO A TRANSACTION OR DECIDING AN ISSUE WHERE A CONFLICT EXISTS. THE AUDIT COMMITTEE MAY CONSIDER WHETHER ADVICE FROM COUNSEL OR OTHER INDEPENDENT ADVISORS IS NECESSARY IN PARTICULAR INSTANCES.
Form 990 Part VI 12C THE AUDIT COMMITTEE WILL DELIBERATE THE REPORTED CONFLICT AND VOTE TO MAKE ONE OF TWO DETERMINATIONS THAT NO MATERIAL CONFLICT OF INTEREST EXISTS AND THAT NO ACTION IS NECESSARY OR THAT A MATERIAL CONFLICT OF INTEREST DOES EXIST AND RECOMMEND A STRATEGY TO ADDRESS THE IDENTIFIED CONFLICT. THESE FINDINGS WILL BE COMMUNICATED TO THE CHAIRMAN OF THE BOARD AND FULL BOARD OF TRUSTEES. THE MINUTES OF THE MEETING SHALL REFLECT THE NATURE OF THE CONFLICT AND THE AUDIT COMMITTEES DETERMINATION WITH RESPECT TO THE SPECIFIC PROCEDURES THE MEMBER WILL FOLLOW REGARDING THE ISSUE OR TRANSACTION.
Form 990 Part VI 15B THE BYLAWS ARTICLE 2, SECTION 6 OF THE COLLEGE ESTABLISH THAT THE BOARD HAS THE AUTHORITY TO HIRE, EMPLOY, AND SET THE REMUNERATION OF THE PRESIDENT AND ALL OTHER OFFICERS OF INSTRUCTION AND ADMINISTRATION. THE EXECUTIVE COMMITTEE IS A PERMANENT COMMITTEE OF THE BOARD THAT HAS BEEN ASSIGNED THE RESPONSIBILITY FOR EVALUATING COMPENSATION REASONABLENESS FOR ALL OFFICERS OR HIGHLY PAID EMPLOYEES. THE EXECUTIVE COMMITTEE IS COMPOSED OF FIVE TO SIX MEMBERS AND INCLUDES THE PRESIDENT WHO IS EX-OFFICIO CHAIR AND A MEMBER OF THE COMMITTEE.
Form 990 Part VI 15B THE EXECUTIVE COMMITTEE REVIEWS THE ENTIRE COMPENSATION PACKAGE INCLUDING BENEFITS BY ASSESSING THE NATURE AND SCOPE OF EACH POSITION, ASSESSING THE INDIVIDUALS HOLDING EACH POSITION INCLUDING UNIQUE BACKGROUND, EXPERIENCE, PERSONAL SKILLS, PERFORMANCE, ADDITIONAL DUTIES AND ABILITIES AND THE ABILITY TO SOLVE CHALLENGES FACING THE COLLEGE, OBTAINING APPROPRIATE AND COMPARABLE COMPENSATION MARKET DATA FROM THE FOLLOWING SOURCES SIMILARLY SITUATED ORGANIZATIONS, BOTH FOR-PROFIT AND TAX EXEMPT FOR FUNCTIONALLY COMPARABLE POSITIONS INCLUDING COMPARATIVE DATA FROM CUPA, OTHER JESUIT COLLEGES AND UNIVERSITIES, AND THE HAYS NEW ENGLAND MARKET SURVEY INDEPENDENT COMPENSATION SURVEYS BY NATIONALLY RECOGNIZED INDEPENDENT FIRMS THE EXECUTIVE COMMITTEE WILL PERIODICALLY USE INDEPENDENT COMPENSATION CONSULTANTS TO REVIEW EXECUTIVE COMPENSATION.
Form 990 Part VI 15B THE EXECUTIVE COMMITTEE DELIBERATES THE INFORMATION PROVIDED AND RELATIVE CONTRIBUTION OF EACH EXECUTIVE MEMBER BEFORE VOTING ON THE COMPENSATION PACKAGE. THE PRESIDENT IS A MEMBER OF THE SOCIETY OF JESUS. MEMBERS OF THIS RELIGIOUS ORDER TAKE A VOW OF POVERTY AND RECEIVE COMPENSATION AS AN AGENT OF THEIR RELIGIOUS ORDER.
Form 990 Part VI 16A THE COLLEGE PARTICIPATES IN A JOINT VENTURE, COLLABORATIVE EDUCATIONAL VENTURES OF NEW ENGLAND, LLC. CEVONE. CEVONE IS A COLLABORATIVE OF EDUCATIONAL INSTITUTIONS FORMED TO EXPLORE, DEVELOP AND PROVIDE SPECIAL PURPOSE INITIATIVES WHICH MAY BE OF PARTICULAR INTEREST TO ITS PARTICIPATING MEMBER SCHOOLS, COLLEGES, AND UNIVERSITIES. THE COLLEGES GENERAL COUNSEL REVIEWED THIS POLICY FOR POTENTIAL LEGAL AND TAX ISSUES.
Form 990 Part VI 19 THE COLLEGES GOVERNING INSTRUMENTS, ARTICLES OF INCORPORATION AND BYLAWS MAY BE FOUND ON THE COLLEGE WEBSITE UNDER THE OFFICE OF THE GENERAL COUNSEL. CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE COLLEGES WEBSITE
Form 990 Part XI 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCES INCLUDE UNREALIZED LOSSES OF 28,270,990, A LOSS ON INTEREST RATE SWAP AGREEMENTS OF 5,595,058, PENSION ADJUSTMENTS RELATING TO FINANCIAL STANDARDS ACCOUNTING NUMBER 158 WHICH IS A LOSS OF 10,117,165, AND MISCELLANEOUS ADJUSTMENTS OF 3,259. TOTAL OTHER CHANGES IN NET ASSETS OR FUND BALANCES EQUAL 43,986,472.
    Form 990 Part III Line 1 THE COLLEGE OF THE HOLY CROSS IS, BY TRADITION AND CHOICE, A JESUIT LIBERAL ARTS COLLEGE SERVING THE CATHOLIC COMMUNITY, AMERICAN SOCIETY AND THE WIDER WORLD. TO PARTICIPATE IN THE LIFE OF HOLY CROSS IS TO ACCEPT AN INVITATION TO JOIN IN DIALOGUE ABOUT BASIC HUMAN QUESTIONS WHAT IS THE MORAL CHARACTER OF LEARNING AND TEACHING HOW DO WE FIND MEANING IN LIFE AND HISTORY WHAT ARE OUR OBLIGATIONS TO ONE ANOTHER WHAT IS OUR SPECIAL RESPONSIBILITY TO THE WORLDS POOR AND POWERLESS Form 990 Part III Line 1 AS A LIBERAL ARTS COLLEGE, HOLY CROSS PURSUES EXCELLENCE IN TEACHING, LEARNING, AND RESEARCH. ALL WHO SHARE ITS LIFE ARE CHALLENGED TO BE OPEN TO NEW IDEAS, TO BE PATIENT WITH AMBIGUITY AND UNCERTAINTY, TO COMBINE A PASSION FOR TRUTH WITH RESPECT FOR THE VIEWS OF OTHERS. INFORMED BY THE PRESENCE OF DIVERSE INTERPRETATIONS OF THE HUMAN EXPERIENCE. HOLY CROSS SEKS TO BUILD A COMMUNITY MARKED BY FREEDOM, MUTUAL RESPECT, AND CIVILITY. BECAUSE THE SEARCH FOR MEANING AND VALUE IS AT THE HEART OF THE INTELLECTUAL LIFE, CRITICAL EXAMINATION OF FUNDAMENTAL RELIGIOUS AND PHILOSOPHICAL QUESTIONS IS INTEGRAL TO LIBERAL ARTS EDUCATION. DIALOGUE ABOUT THESE QUESTIONS AMONG PEOPLE FROM DIVERSE ACADEMIC DISCIPLINES AND RELIGIOUS TRADITIONS REQUIRES EVERYONE TO ACKNOWLEDGE AND RESPECT DIFFERENCES. DIALOGUE ALSO REQUIRES US TO REMAIN OPEN TO THAT SENSE OF THE WHOLE WHICH CALLS US TO TRANSCEND Form 990 Part III Line 1 OURSELVES AND CHALLENGES US TO SEEK THAT WHICH MIGHT CONSTITUTE OUR COMMON HUMANITY. Form 990 Part III Line 1 THE FACULTY AND STAFF OF HOLY CROSS, NOW PRIMARILY LAY AND RELIGIOUSLY AND CULTURALLY DIVERSE, ALSO AFFIRM THE MISSION OF HOLY CROSS AS A JESUIT COLLEGE. AS SUCH, HOLY CROSS SEEKS TO EXEMPLIFY THE LONGSTANDING DEDICATION OF THE SOCIETY OF JESUS TO THE INTELLECTUAL LIFE AND ITS COMMITMENT TO THE SERVICE OF FAITH AND PROMOTION OF JUSTICE. THE COLLEGE IS DEDICATED TO FORMING A COMMUNITY WHICH SUPPORTS THE INTELLECTUAL GROWTH OF ALL ITS MEMBERS WHILE OFFERING THEM OPPORTUNITIES FOR SPIRITUAL AND MORAL DEVELOPMENT. IN A SPECIAL WAY, THE COLLEGE MUST ENABLE ALL WHO CHOOSE TO DO SO TO ENCOUNTER THE INTELLECTUAL HERITAGE OF CATHOLICISM, TO FORM AN ACTIVE WORSHIPPING COMMUNITY AND TO BECOME ENGAGED IN THE LIFE WORK OF THE CONTEMPORARY CHURCH. Form 990 Part III Line 1 SINCE 1843, HOLY CROSS HAS SOUGHT TO EDUCATE STUDENTS WHO, AS LEADERS IN BUSINESS, PROFESSIONAL AND CIVIC LIFE, WOULD LIVE BY THE HIGHEST INTELLECTUAL AND ETHICAL STANDARDS. IN SERVICE OF THIS IDEAL, HOLY CROSS ENDEAVOURS TO CREATE AN ENVIRONMENT IN WHICH INTEGRATED LEARNING IS A SHARED RESPONSIBILITY, PURSUED IN CLASSROOM AND LABORATORY, STUDIO AND THEATER, RESIDENCE AND CHAPEL, SHARED RESPONSIBILITY FOR THE LIFE AND GOVERNANCE OF THE COLLEGE SHOULD LEAD ALL ITS MEMBERS TO MAKE THE BEST OF THEIR OWN TALENTS, TO WORK TOGETHER, TO BE SENSITIVE TO ONE ANOTHER, TO SERVE OTHERS, AND TO SEEK JUSTICE WITHIN AND BEYOND THE HOLY CROSS COMMUNITY. Form 990 Part III Line 4A THE COLLEGE OFFERS A CURRICULUM LEADING TO A BACHELOR OF ARTS A.B. DEGREE WITH ACADEMIC CONCENTRATIONS IN TWENTY-SIX FIELDS, INCLUDING BIOLOGY, CHEMISTRY, CLASSICS, ECONOMICS, ENGLISH, HISTORY, PSYCHOLOGY, RELIGIOUS STUDIES, SOCIOLOGY, THEATER AND THE VISUAL ARTS. THE COLLEGE IS A LARGE EDUCATIONAL COMPLEX, COMPLETE WITH LIBRARIES, SCIENCE LABORATORIES, CLASSROOMS, RESIDENCE HALLS, AND ATHLETIC FIELDS INCLUDING A FOOTBALL STADIUM AND HOCKEY RINK, AND A STUDENT ACTIVITY CENTER. Form 990 Part III Line 4A ALL FIRST YEAR STUDENTS PARTICIPATE IN AN ACADEMICALLY RIGOROUS LEARNING AND LIVING PROGRAM FOR THEIR FIRST YEAR. LEARNING TAKES PLACE IN SMALL DISCUSSION SEMINARS FOR THE ENTIRE YEAR THAT FIT THEMATICALLY WITHIN FIVE CLUSTERS EACH DEVOTED TO A LARGER THEME. STUDENTS CHOOSE THEIR OWN CLUSTER OF INTEREST FROM THE FOLLOWING AREAS NATURAL WORLD, DIVINE, SELF, GLOBAL SOCIETY OR CORE HUMAN QUESTIONS. GLOBAL SOCIETY IS THE LARGEST CLUSTER WITH DISCIPLINES FROM SOCIOLOGY AND HISTORY TO PHYSICS AND ECONOMICS. THE COURSES LOOK AT THE WORLD FROM A PLURALISTIC AND COSMOPOLITAN PERSPECTIVE, GIVING STUDENTS THE OPPORTUNITY TO REFLECT ON THE CULTURAL CONNECTIONS OF THE MODERN WORLD AND THE RESPONSIBILITIES OF THE 21ST CENTURY CITIZEN. Form 990 Part III Line 4A THE COLLEGE OFFERS STUDENTS THE ABILITY TO STUDY ABROAD DURING THEIR JUNIOR YEAR. THE COLLEGE HAS RELATIONSHIPS WITH UNIVERSITIES ON FIVE CONTINENTS AND EACH YEAR MORE THAN 150 STUDENTS PURSUE STUDIES IN A FOREIGN LAND INCLUDING CHINA, RUSSIA, CAMEROON, EUROPE, PERU, AND SRI LANKA. DURING THIS TIME THEY CONTINUE THEIR EDUCATION IN SUCH SUBJECTS AS HISTORY, MATH OR PSYCHOLOGY AND IN ADDITION, ARE EDUCATED BY THEIR SURROUNDINGS AND LEARN HOW OTHER PEOPLE VIEW THEIR HOME COUNTRY. THEY LIVE WITH LOCAL FAMILIES WHENEVER POSSIBLE AND ARE REQUIRED TO COMPLETE A SERVICE PROJECT THAT IMMERSES THEM IN THE LOCAL COMMUNITY. Form 990 Part III Line 4A THE COLLEGE OFFERS INTERDISCIPLINARY CONCENTRATIONS IN ASIAN STUDIES, ENVIRONMENTAL STUDIES, AFRICANA STUDIES, LATIN AMERICAN AND LATINO STUDIES AND WOMEN AND GENDER STUDIES. IN ADDITION, STUDENTS HAVE DEVELOPED THEIR OWN PROGRAMS IN ASIAN AMERICAN AND MIDDLE EASTERN STUDIES. THESE CONCENTRATIONS ALLOW STUDENTS TO SYNTHESIZE ACROSS DISCIPLINES, EXPLORING THE CULTURE THROUGH HISTORY, LITERATURE, LANGUAGE, SOCIOLOGY, ANTHROPOLOGY AND ART. THROUGH THESE STUDIES, STUDENTS GAIN A DEEPER APPRECIATION OF THE WORLDS CULTURES AND TRADITIONS. RELIGIOUS STUDIES EXPLORE THE GLOBAL RELIGIONS AND TRADITIONS AND ALSO LOOK AT CHRISTIAN AND CATHOLIC EXPERIENCES AROUND THE WORLD. IN SOCIOLOGY, STUDENTS EXAMINE THE SOCIETAL STRUCTURES THAT FRAME THE IMPACT OF GLOBALIZATION ON OUR PERCEPTION OF ETHNIC AND SOCIETAL IDENTITY. BIOLOGY STUDENTS LOOK AT THE IMPACT OF TECHNOLOGY, DEVELOPMENT, AND Form 990 Part III Line 4A GLOBALIZATION ON OUR NATURAL RESOURCES. MODERN LANGUAGES AND LITERATURE PROVIDE STUDENTS A STRONG FOUNDATION, EVEN FLUENCY, IN FOREIGN LANGUAGES, BUT ALSO PROVIDES INSIGHT INTO THE CULTURE OF THOSE WHO SPEAK THE LANGUAGE, THROUGH LITERATURE, ART, AND HISTORY. Form 990 Part III Line 4A THE COLLEGES MCFARLAND CENTER SPONSORS AND SUPPORTS PROGRAMMING THAT EXPLORES BASIC HUMAN QUESTIONS OF MEANING, MORALITY, AND MUTUAL OBLIGATION. FOLLOWING THE PRINCIPLE THAT FAITH AND LEARNING ARE PARTNERS IN LIBERAL EDUCATION, THE MCFARLAND CENTERS PROGRAMS FOSTER DIALOGUE THAT RESPECTS DIFFERENCES AND PROVIDES A FORUM FOR INTELLECTUAL EXCHANGE THAT IS INTERRRELIGIOUS AS WELL AS INTERDISCIPLINARY, INTERCULTURAL, AND INTERNATIONAL IN SCOPE. Form 990 Part III Line 4A THE CAMPUS LIBRARIES AT HOLY CROSS - DINAND, FENWICK MUSIC, OCALLAHAN SCIENCE, ARCHIVAL AND SPECIAL COLLECTIONS, AND RHEM - ARE ALSO AVAILABLE TO THE PUBLIC FOR SCHOLARLY RESEARCH. THE LIBRARIES HAVE AN EXTENSIVE COLLECTION OF BOOKS, JOURNALS, TAPES, VIDEOS, CDS, LPS, PHOTOGRAPHS, AND ELECTRONIC RESOURCES. THE LIBRARY COLLECTION INCLUDES MORE THAN 650,000 VOLUMES, 4,500 PERIODICALS, 14,000 SOUND RECORDINGS, 7,000 MUSIC SCORES, AND 40,0000 ART HISTORY SLIDES. THE COLLECTION INCLUDES THE FOLLOWING ITEMS OF PARTICULAR INTEREST INCUNABULA BOOKS PRINTED PRIOR TO 1500, JESUITANA BOOKS PRINCIPALLY BY JESUIT AUTHORS OF THE 15TH TO 17TH CENTURIES, AMERICANA BOOKS OF SPECIAL INTEREST PUBLISHED IN AMERICA PRIOR TO 1829, JOHN HENRY CARDINAL NEWMAN 1801-1890 COLLECTION LETTERS AND FIRST EDITIONS, JAMES MICHAEL CURLEY 1874-1958 COLLECTION SCRAPBOOKS, NEWSPAPER CLIPPINGS, MICROFILM. Form 990 Part III Line 4A CURLEY WAS MAYOR OF BOSTON AND GOVERNOR OF MASSACHUSETTS, LOUISE IMOGENE GUINEY 1861-1920 COLLECTION POEMS, ESSAYS, CORRESPONDENCE AND PHOTOGRAPHS, FRANK W. STEARNS 1856-1939 COLLECTION CORRESPONDENCE, SCRAPBOOKS. STEARNS WAS A BOSTON MERCHANT AND POLITICAL ADVISOR TO CALVIN COOLIDGE, HENNESSEY COLLECTION NEARLY 8,000 LP SOUND RECORDINGS OF OPERA AND OTHER VOCAL MUSIC. Form 990 Part III Line 4A THROUGH BOTH CONTEMPORARY AND HISTORICAL EXHIBITIONS, THE IRIS AND B. GERALD CANTOR ART GALLERY AT HOLY CROSS EDUCATES THE COLLEGE AND WORCESTER COMMUNITIES ABOUT THE FUNDAMENTAL INTELLECTUAL, CULTURAL, SPIRITUAL, AND AESTHETIC ISSUES ENCOUNTERED THROUGH VISUAL ART. OPEN FREE TO THE PUBLIC, THE GALLERY SEEKS TO PROMOTE AND SUPPORT THE INTELLECTUAL AND CULTURAL LIFE OF THE COLLEGE THROUGH THE PRESENTATION AND DISCUSSION OF A DIVERSITY OF VISUAL ARTS. THE GALLERY HAS SPECIAL RESPONSIBILITY FOR INTEGRATING THE LIBERAL ARTS VALUES OF THE COLLEGE AND THE CLASSROOM BY LINKING EXHIBITIONS TO THE BROADER CURRICULUM AND COMMUNITY. Form 990 Part III Line 4A THE COLLEGE IS A MEMBER OF THE PATRIOT LEAGUE AND OFFERS A COMPREHENSIVE ATHLETIC PROGRAM AT THE NCAA DIVISION I LEVEL CONSISTING OF 27 ATHLETIC TEAMS. INTERCOLLEGIATE SPORTS FOR MEN ARE BASEBALL, BASKETBALL, CREW, CROSS COUNTRY, FOOTBALL, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SWIMMING, TENNIS AND INDOOR AND OUTDOOR TRACK AND FIELD. WOMEN COMPETE IN BASKETBALL, CREW, CROSS-COUNTRY, FIELD HOCKEY, GOLF, ICE HOCKEY, LACROSSE, SOCCER, SOFTBALL, SWIMMING, TENNIS, INDOOR
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2011

Additional Data


Software ID: 11000218
Software Version: 2011.0.0
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
College of the Holy Cross
 
Employer identification number

04-2103558
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity







(1) General Alumni Assoc
1 College Street
Worcester,MA01610
 Support MA 141,831 5,958 N/A
(2) Holy Cross Club of Boston
1 College Street
Worcester,MA01610
 Support MA   14,232 N/A








Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No












For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Alchemy Plan LP

Trafalgar Court Les Banques
St Peter Port   GY13QL
GK
98-0376083 		Investing GK NA
  		Investment 1,381,543 13,354,462 Yes       No 99.500 %












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership
(1) CHARITABLE REMAINDER TRUST
1 College Street
Worcester,MA01610
 Charitable Rm Trust MA N/A
 Trust   437,981  












Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) Alchemy Plan LP

 q 119,965 FMV
(2) Alchemy Plan LP

 r 522,622 FMV
(3)
(4)
(5)
(6)
Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(e)
Are all
partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


Software ID: 11000218
Software Version: 2011.0.0